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38 Studios Assets & IP To Be Sold

The Turn to 10 Website has word that the receiver in the 38 Studios bankruptcy case plans on selling all the company's physical assets at auction, saying "Idealistically [sic] we're talking several months." He grants that it may take longer as he is furiously cramming to learn what he needs to about the value of the IP with the help of an unnamed former employee of the former developer, as the report states: "Land said he's learning more about video games and the value of computer software. He said he's even hired a former 38 Studios worker to help create the platform to possibly sell some of the intellectual property." Thanks Jim.

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