Gamereactor uses cookies to ensure that we give you the best browsing experience on our website. If you continue, we'll assume that you are happy with our cookies policy

Front page
Aliens: Colonial Marines

TimeGate Studios files chapter 11

Owes anywhere between $10 million and $50 million.

TimeGate Studios, contractors on Aliens: Colonial Marines and developers on the Kohan games and Section 8 have filed chapter 11 - to protect the company from creditors. The Texas based developer is currently working on a shooter called Minimum that was recently announced.

Much of TimeGate's problems stem from a courtcase with former publisher SouthPeak Interactive - where TimeGate lost rights to the Section 8 IP and were told to pay $7.35 million in damages.

Of course, you can bounce back from chapter 11, but it does certainly look dire for TimeGate Studios.

Aliens: Colonial Marines

Related texts

Loading next content