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Blog Post:
Report: TimeGate Studios Files For Bankruptcy
by
Matt Helgeson
on May 02, 2013 at 08:20 PM
According to a new report, the Section 8 studio, which also worked on the ill-fated Aliens: Colonial Marines, has filed for bankruptcy. The website Polygon has published a story based on Texas bankruptcy court documents that it obtained. According to Polygon, "The petition filed by TimeGate lists...
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Blog Post:
Most THQ Employees Are Done Today
by
Joe Juba
on January 25, 2013 at 04:50 PM
Earlier this week, the gaming world was talking about THQ constantly, but today's news out of the bankrupt publisher is less frenzied. Maybe that's because it's the last day of work for most employees there. According to an internal memo provided to IGN , this is the last day THQ's building...
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Blog Post:
Atari Files For Chapter 11, Plans To Sell Off Logo
by
Jeff Cork
on January 21, 2013 at 09:02 AM
Atari Inc. has announced that it has filed for Chapter 11 protection as the company attempts to move away from its parent company, France's Atari S.A. As part of the filing, Atari revealed that it is considering the option of selling off assets including the iconic logo and a variety of classic franchises...
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Blog Post:
THQ Assets To Be Auctioned Off Individually
by
Kyle Hilliard
on January 08, 2013 at 10:19 AM
Update #2: THQ has just sent out a press release confirming and further clarifying the sale process going forward. The court says that Clearlake Capital's bid for all of THQ will stand as the opening bid in an auction process for the entire company. Outside companies will be able to bid on individual...
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Blog Post:
US Trustee And Creditors Object To THQ Bankruptcy Sale
by
Ben Reeves
on January 03, 2013 at 09:37 PM
THQ recently filed for Chapter 11 with the intention of selling to Clearlake Capital Group, however a recently objection by creditors and trustees have complicated the sale. You can go read about the complicated legal objections at Scribd , but the gist seems to be that certain parties have objected...
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Blog Post:
38 Studios Filing For Bankruptcy, Authorities Begin Investigation
by
Matt Helgeson
on June 07, 2012 at 01:43 PM
Curt Schilling's beleaguered video game company has filed for chapter 7 bankruptcy. According to documents related to the filing, the company owes $100 million in Baltimore alone. Given that the 38 Studios' Baltimore LLC branch of the company is only one of four 38 Studios affiliate companies...
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Blog Post:
Playlogic Back In Business
by
Meagan Marie
on December 21, 2010 at 09:37 AM
After a year rife with financial hardships which eventually lead to a bankruptcy filing overseas, Playlogic has announced that it is back in business. A press release out of Amsterdam this morning outlined Playlogic’s new plan. “After a long process led by the curators of CMS Derks Star Busmann...
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Blog Post:
Playlogic Files For Bankruptcy
by
Meagan Marie
on July 28, 2010 at 09:11 AM
Fairytale Fights publisher Playlogic has had its share of financial hardships this year, but the floundering may shift to full-fledged sinking, reports Gamasutra . Boasting offices both in New York and Amsterdam, the publisher has filed for bankruptcy overseas. Filing a “surseance van betaling...
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