Last I heard they were in some legal troubles with Harmony Gold USA, which owns the image and digital rights to the Macross and Robotech franchise in the US. Some of the pivotal 'Mechs in the Battletech universe are based on mechs from a couple of Japanese anime series and the devs were sued after they released the teaser trailer back in '09. Before FASA went under, they had purchased the rights from the original creators of those anime series but Harmony Gold USA claims ownership and rights in the US. On top of that, there is question as to whether or not Harmony Gold USA even has the rights to the images of these mechs and that has to be settled first before the lawsuit with the MechWarrior 5 devs gets settled.
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