Yager Productions GMBH has filed for insolvency, reports GamesIndustry.biz, explaining that this is a subsidiary of the developer, and the change does not impact other divisions of YAGER or their projects like Dreadnaught. Word is this branch of the company was specifically created to work on Dead Island 2, and the insolvency follows the recent announcement that they were off the project. "As single-purpose company, Yager Productions GmbH was assigned to the development of the Deep Silver title Dead Island 2," says YAGER MD Timo Ullmann. "The insolvency filing is a direct result from the early termination of the project and helps protecting our staff. In the course of the proceedings, we gain time to sort out the best options for reorganizing this entity."