Update: THQ Denied Approval of Bank Loan, Loses Bid For Quick Bankruptcy Sale

January 6, 2013

According to a report posted over at Bloomberg.com, THQ was denied a bank loan which would have allowed them a quick bankruptcy sale. At a hearing Friday in Wilmington, Delaware, U.S. Bankruptcy Judge Mary F. Walrath ruled in favor of creditors that the sale process didn’t give potential buyers enough time. "I have problems concluding that the pre-petition sale process was fulsome," Walrath told lawyers at the hearing, noting THQ "did not even put out to the public that it was for sale" until potential buyers signed non-disclosure agreements.

The report goes on to note that about 10 potential buyers contacted THQ once they found out about the sale. THQ sought bankruptcy protection on 12/19, and creditors want the sale process extended by about three weeks.

Nick was born and raised in Detroit, Michigan, and lived there until the age of 18, when he decided to pack his flack jacket and move to New York City.

Nick attended New York University and graduated in 2001 with a degree in Drama.

Nick first entered the internet wrestling community back in 2004 when he became the co-host of The Voice of Wrestling Radio Show. From there, Nick made the transition from radio personality to editor when he began working with WrestleZone in 2008.

Nick is a member of two Off-Broadway theatre companies, Another Urban Riff, and the Drama Desk Award winning Godlight Theatre Company. Nick has appeared in over a dozen Off-Broadway plays since he moved to New York City, and has shot several short and feature length films. In 2010, he completed principle photography on a film titled "How to Score Your Life," which also features TNA Knockout ODB.

Inspiration in his life has come from many people including his family, Woody Allen, Steven Spielberg, Jack Nicholson, The Beatles, and of course, Lassie.