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 the debts it owes to a debtor. Insolvency typically involves companies that have assets with value – publishing rights, IP, and the like, in this case – but lack the hard cash needed to make payments it owes. And because the debtor is seeking payment, non-cash assets that might otherwise be up for sale have little leverage if they don’t add up to the funds owed, which is likely the situation…