Tag Archives: liquidation

Midway liquidation gets final approval

A US bankruptcy court has given the final go ahead to the liquidation of cult games publisher Midway. The deal paves the way for the partial reimbursement of creditors and the sale of a number of key assets, including two development studios and the Mortal Kombat franchise, to rival publisher …

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US: The end for Game Crazy

North American video game retailer Game Crazy is to close, it has been confirmed. The decision comes after parent company Movie Gallery filed for bankruptcy in February of this year – the second time it has done so in the last three years. Over half of Game Crazy’s total of …

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Scratchbusters enters liquidation

UK disc repair specialist Scratchbusters has gone into liquidation, MCV can confirm. The firm’s main business was selling its repair machines to the trade, who could then restore traded in titles or even offer disc repair services to the public. The news comes just days after the company told MCV …

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Virgin Play in trouble

Spain’s Virgin Play has gone into a form of liquidation in the firm’s home country. The firm’s financial advisers told MCV the company asked a Spanish Court in June for a three month period to seek a solution with its creditors due to a lack of liquidity. However, if more …

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