Yager Productions GmbH files for insolvency

Yager Productions is filing for insolvency, reports claim.

Games Industry says that the sub-division of the German studio established to develop Dead Island 2 is soon to be no more. This follows Deep Silver’s decision to drop the developer form the game earlier this month.

"As single-purpose company, Yager Productions GmbH was assigned to the development of the Deep Silver title Dead Island 2," MD Timo Ullmann said. "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."

The statement suggests that Yager as a whole is safe, for now at least.

Ullman previously said of the Dead Island 2 news that: “Yager and Deep Silver’s respective visions of the project fell out of alignment, which led to the decision that has been made".

Deep Silver said at the time of the announcement that: “With Dead Island 2, Deep Silver has always been dedicated to delivering the sequel that Dead Island fans deserve. After careful consideration, today we announce the decision to part ways with development partner Yager.”

Story originally published on MCV.