Tag Archives: bankruptcy

French studio behind Risen, Grey Matter and numerous ports in trouble

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 …

Five potential buyers interested if more time allowed; court to reconvene Monday

Objection claims bankruptcy was 'orchestrated' to benefit executives and friends

Publisher removed from stock market as expected after filing for bankruptcy

Left 4 Dead and Assassin's Creed creators working on new titles for publisher

Publisher reiterates there will be no redundancies and development on games will continue

THQ has filed for bankruptcy – but as part of a plan to ultimately strengthen the business and hopefully find it a new owner. The publisher this evening announced it had agreed to sell the majority of its US assets, including its publishing operation and four studios, to affiliates of …

But publisher claims there will be no redundancies as it looks to sell

Embattled publisher could face bankruptcy, according to financial break down