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NACON subsidiaries Spiders (GreedFall dev), Kylotonn, and Cyanide have filed for insolvency. The French publisher and developer, Nacon, had filed for emergency insolvency earlier this year after its parent company unveiled critical financial difficulties. Now, the subsidiaries, as well as developers of some popular games, seem to be in the same situation as NACON. Devs…
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Four subsidiaries, three of them being game studios owned by French Publisher NACON have now also filed for insolvency, requesting that ‘judicial reorganisation proceedings’ are opened. Back in February, NACON filed for insolvency, sharing that their majority shareholder, Bigben Interactive, were facing serious financial difficulties. NACON have now provided an update, advising that four subsidaries…
Nacon subsidiary studios Spiders, Kylotonn, and Cyanide have all filed for insolvency with the Lille Métropole Commercial Court and requested the opening of judicial reorganization proceedings in their favor. Paris-based studio Spiders is perhaps best known for working on the Greedfall franchise. Kylotonn has spent recent years overseeing the World Rally Championship series, while Cyanide…
Nacon is perhaps the biggest video game publisher in France outside of Ubisoft, with the company responsible for many well-liked titles including Hell is Us; Greedfall; RoboCop: Rogue City and many more. In a surprise announcement, the publisher/holding company has now confirmed that four of its subsidiaries have filed for insolvency – including the studio…
His conduct has been described as “abusive phoenixism” from someone who “ought to have known better” The 60-year-old from Walton is banned from being involved in the promotion, formation or management of a company without the permission of the court for five years(Image: Grahame Larter – Surrey Advertiser) A Surrey business adviser has been banned…
The number of pubs and bar companies collapsing into insolvency rose 2.6% from 769 to 789 over the year to December 31, according to analysis of insolvency data. That increase was largely driven by a 33% rise in the number of pub businesses closing in Scotland, where the number of failures rose from 40 to…