On October 26th, anime studio Tatsunoko Production (Gatchaman, Tekkaman, Samurai Pizza Cats, Macross) filed suit against James Rocknowski, John Rocknowski and Michael Cisneros of Speed Racer Enterprises Inc. The filing in California Central District Court seeks damages for for nine causes of action, including false advertising, unfair competition, interference and misappropriation of intellectual property rights.
Tatsunoko say that they granded Speed Racer Enterprises a 10-year license to Speed source material Mach Go Go Go in 2000, which was then extended a year in summer 2010. During that time, the Rocknowskis oversaw production of the Speed Racer: The Next Generation animated series, which aired on Nicktoon along side the launch of the independently produced live action Speed Racer movie.
Tatsunoko asserts the defendants continued to claim that they owned the Speed Racer rights after they expired in May 2011, and the defendants misappropriated and exploited the Speed rights, licensing the property to a list of companies that includes Hollywood studio Lions Gate and Toonz Entertainment.
Tatsunoko seeks money damages, an injunction and a declaration that it owns Speed Racer.