38 Studios - Bankruptcy - RPGWatch Forums
Your donations keep RPGWatch running!
RPGWatch Forums » Comments » News Comments » 38 Studios - Bankruptcy

Default 38 Studios - Bankruptcy

June 8th, 2012, 03:19
A company spokesperson for 38 Studios has announced they have declared bankruptcy, according to the Providence Journal, who also claim police are looking over the situation:
According to statement to The Journal from 38 Studios, "This action comes after several weeks when the company has reviewed, considered and received the recommendations and advice with respect to potential avenues for relief that are currently available. After ongoing negotiations with the State of Rhode Island and potential investors and other interested parties, the Company has been unable to find a solution to the current stalemate."
Meanwhile, Col. Steven G. O'Donnell, superintendent of the Rhode Island State Police, says that his agency, the FBI, the U.S. Attorney's office and the Rhode Island attorney general "are working together to investigate activities that have recently come to light at 38 Studios."
More information.
-= RPGWatch =-
Dhruin is offline


Dhruin's Avatar
RPGWatch Team


Join Date: Aug 2006
Location: Sydney, Australia
Posts: 11,968


June 8th, 2012, 03:19
The RI State Police and their crack team of accountants and tax lawyers?
Developer of The Wizard's Grave Android game. Discussion Thread:
Lucky Day is offline

Lucky Day

Lucky Day's Avatar


Join Date: Oct 2006
Location: The Uncanny Valley
Posts: 3,977


June 8th, 2012, 08:54
Hmm, smuggling illegal dwarven beer perhaps?
duerer is offline




Join Date: Mar 2008
Posts: 290


June 8th, 2012, 21:22
would love to read the court documents if available.
cptbarkey is offline




Join Date: Jun 2011
Posts: 470
RPGWatch Forums » Comments » News Comments » 38 Studios - Bankruptcy
Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT +2. The time now is 02:16.
Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Copyright by RPGWatch