Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:

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
Ships Ahoy - The Last Federation
Evolve Teaser
Saturday Consolidation
Saturday Mobilization
Saturday Metaverse
Saturday Tech Bits
Saturday Safety Dance
Saturday Legal Briefs
Game Reviews
Hardware Reviews
etc.
Out of the Blue
Free Battlefield 1942 Redux
Dupe Bug Causes ESO Bank Closures
Wasteland 2 in "Final Stages"; Linux Early Access Released
Sea of Stars Early Access Begins
Raven's Cry: 25 Hours
On Sale
Evening Kickstarter Roundup
Evening Patches
  

 



footer

.. .. ..

Blue's News logo