In a recent press release, Nacon announced that it has filed for insolvency after make a partial repayment of its bondloan to the bondholders. The announcement comes a few days after Nacon announced that it will hold a new Nacon Connect on March 4. Nacon further clarifies the situation in the aforementioned press release, stating…
French publisher and hardware manufacturer Nacon has filed for insolvency, after Bigben Interactive, the majority shareholder in the company, failed to make a partial lone repayment. This appears to have caused a knock on effect that has led the company to declare that its “available assets do not allow it to meet its due liabilities.”…
by William D’Angelo , posted 2 minutes ago / 49 Views France-based publisher Nacon announced it has filed for insolvency and applied for the opening of judicial reorganization proceedings before the Lille Metropole Commercial Court. Read the press release below: Nacon Announces That It Has Today Filed for Insolvency and is Requesting the Initiation of…
Nacon, the publisher behind the upcoming GreedFall: The Dying World and other games like Hell Is Us and RoboCop: Rogue City, has filed for insolvency. In other words, Nacon is out of money; as such, the publisher has requested the initiation of judicial reorganization proceedings. Insolvency, in this instance, means Nacon is unable to pay…
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Nacon is in big trouble following majority shareholder Bigben Interactive failing to make the partial repayment of its bond loan to its bondholders. According to Nacon, this was due to “an unexpected and late refusal by its banking pool”. Nacon acts as both a hardware manafacturer (mainly controllers) and as a publisher publishing titles made…