Gamasutra reports that 3D Realms has dropped a lawsuit it filed against Gearbox and has publicly apologized for the 'misunderstanding.' 3D Realms filed a lawsuit in June against Duke Nukem Forever co-developer Gearbox, alleging that Gearbox owed it $2 million in unpaid royalties as part of the 2010 agreement regarding the Duke Nukem IP.
In its lawsuit 3D Realms argued that Gearbox had "refused and failed to make substantial royalty payments" related to the deal and that Gearbox had failed to take over responsibility for a $2.9 million loan - which was also allegedly part of that same agreement.
The statement, written by 3D Realms co-founder and CEO Scott Miller:
"After reviewing evidence regarding our business affairs, and without any money exchanging hands, we have satisfactorily resolved any and all differences that we perceived against Gearbox.
In all sincerity, we regret the misunderstanding that instigated our lawsuit. Now that we better understand--and appreciate--the actual nature of our business matters, we have voluntarily withdrawn our claims against Gearbox, with genuine apologies to [Gearbox president] Randy [Pitchford] for any damage that our lawsuit may have caused to the relationship.
Individually & On Behalf of Apogee Software Ltd d/b/a 3DRealms Entertainment"