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: GamePolitics.com

JoWooD's Future Uncertain as Unnamed Investor Loses Interest

By james_fudge

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According to the company handling Vienna-based publisher JoWooD's insolvency, an unnamed investor has withdrawn its interest in the company. Insolvency organizer Helmut Platzgummer does say that two other investors are still interested in helping JoWooD with its cash flow problem.

The Vienna-based company is best known for role-playing series Gothic. The company has been actively seeking new investment since filing for insolvency earlier this year. At that time, the company's board claimed that it could conclude discussions with creditors within 90 days. Read More

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Full post as published by GamePolitics.com on March 23, 2011 (boomark / email).

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