Team Bondi, the studio behind the critically acclaimed L.A Noire, has entered administration, it's been reported.
multiple sites have picked up on a report by the The Australian Securities and Investments Commission detailing the change to the studio's fortunes.
In the wake of L.A Noire's release there's been numerous articles on conflict between both the developer and publisher Rockstar, due to working practices in the lead up to the game's launch, causing a split between the two companies. Team Bondi must now find a buyer for the company or face closure.