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: GamePolitics.com

Realtime Worlds Enters into Administration

By james_fudge

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Realtime Worlds has gone into "administration" according to a report on Gamasutra. The confirmation of this comes on the heels over an earlier report this morning on sister publication Develop. The company that created Crackdown and All Points Bulletin will now be under the watchful eye of UK-based corporate recovery group Begbies Traynor.

Begbies Traynor will look deeply into the financial soul of the company and figure out if it can find a way to survive by selling assets or if it will have to close its doors altogether. Administration is equivalent to bankruptcy here in the United States in case you didn't figure that out already. Read More

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Full post as published by GamePolitics.com on August 17, 2010 (boomark / email).

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