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Tag Archives: bankruptcy

Report: Aliens Colonial Marines co-developer files for bankruptcy protection

Aliens: Colonial Marines and Section 8 developer TimeGate Studios has filed a petition for Chapter 11 bankruptcy protection. Polygon reports that site has obtained court documents stating as much about the Texas-based studio from the Texas Southern Bankruptcy Court filed earlier this week. The petition, filed by TimeGate itself, lists …

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Atari files for bankruptcy

Had you forgotten that Atari exists? Well, it sounds like it may sadly not exist for much longer. The LA Times reports that the cherished retro brand and three of its affiliates filed for Chapter 11 bankruptcy in New York last night. Apparently the motivation was for the company to …

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Judge backs THQ sale objections as Warner Bros comes sniffing

THQ will not be allowed to complete its pre-pack sale to Clearlake Capital, opening the door for a possible swoop by Warner Bros. That’s because US Bankruptcy Judge Mary Walrath has ruled in favour of creditors who last week objected to the arrangement, arguing that the process prevented other interested …

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