Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
User Settings
LAN Parties
Upcoming one-time events:
Tampa, FL 10/09
Greenbelt, MD 11/06

Regularly scheduled events

Rumor: TimeGate Staff Laid Off

The entire staff at TimeGate Studios was laid off today, according to an unconfirmed report on Kotaku attributed to two sources. They say the troubled developer of Section 8 and co-developer of Aliens: Colonial Marines sent everyone home early, and their call to inquire about this was answered by receptionist who transferred them to voicemail. TimeGate recently lost over $7 million in a court case with SouthPeak Interactive over Section 8 and subsequently filed for Chapter 11 bankruptcy, and according to one of Kotaku's sources, SouthPeak won a court decision to convert this from Chapter 11 bankruptcy protection to Chapter 7 bankruptcy liquidation. Thanks nin.

Email Digg Facebook Twitter   Share More    


   Current Headlines
Star Wars Battlefront Beta Preloads
New GeForce Drivers
Ceres Next Week
Epsilon Early Access
Morning Patches
Morning Crowdfunding Roundup
Gatherings & Competitions
Morning Consolidation
Morning Mobilization
Morning Tech Bits
Morning Safety Dance
Morning Legal Briefs
Game Reviews
Hardware Reviews
Out of the Blue
PC Sonic Lost World Next Month
StarCraft II 3.0 & Whispers of Oblivion Released
Prison Architect Released
Witcher 3 Expansion Video



Blue's News logo