Game Spot -
2 May 2013 21:31

TimeGate Studios files for Chapter 11 in Texas Southern Bankruptcy Court following fraud suit. Section 8 developer TimeGate Studios, which also contributed to Aliens: Colonial Marines, filed for Chapter 11 bankruptcy protection this week in a Texas bankruptcy court. Polygon obtained court documents that show the developer has a number of creditors and total liabilities ranging from $10 million to $50 million. Those claiming to be owed money include Epic Games, Agora Games, and DJ2 Entertainment,...
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