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Thirteen Frightful Games Added To PlayStation Now
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Rhode Island Lawmakers Questioned In Ongoing 38 Studios Case
on July 07, 2014 at 06:02 PM
As part of the ongoing investigation into former baseball player Curt Schilling’s bankrupt company 38 Studios, state police officers have begun interviewing lawmakers involved with the vote for the loan guaranty program that gave $75 million in a state-backed loan to 38 Studios. The investigation...
[Update] Remember Me Developer Denies Bankruptcy
on January 31, 2014 at 09:22 AM
Update: Dontnod CEO Oskar Guilbert has denied reports of the company's bankruptcy. He also says the company is in negotiations with a "big partner" for a new game. GamesIndustry interviewed Guilbert today following the reports, during which the CEO indicates that the judicial reorganization...
Wargaming And Stardock Entertainment Obtain Atari Franchises At Bankruptcy Auction
on July 21, 2013 at 11:09 AM
Atari is currently in the process of filing for bankruptcy and much like THQ, it is auctioning off its assorted assets. Some of the sales have been established but unapproved, and more are expected to occur this coming week. Below are the bids that have already been placed. The Sale Hearing to approve...
Liquidation Bankruptcy Approval Granted To THQ
on July 17, 2013 at 09:23 PM
THQ has been granted approval of its liquidation bankruptcy plan. This means that this is very likely the last we will hear of THQ. THQ began liquidating its assets earlier this year, auctioning off its properties , and was officially closed by the end of January. All that's left now is for THQ to...
Report: TimeGate Studios Files For Bankruptcy
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...
Most THQ Employees Are Done Today
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...
Atari Files For Chapter 11, Plans To Sell Off Logo
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...
THQ Assets To Be Auctioned Off Individually
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...
US Trustee And Creditors Object To THQ Bankruptcy Sale
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...
38 Studios Filing For Bankruptcy, Authorities Begin Investigation
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...
Playlogic Back In Business
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...
Playlogic Files For Bankruptcy
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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