38StudiosAmalurLogo 10 Jan

The Rhode Island General Assembly introduced a new bill on Wednesday “at the request” of Governer Lincoln Chafee’s administration, which would resolve the $75 million debt caused by a loan given to 38 Studios. The bill addresses “court-approved settlements,” stating that “a person, corporation, or other entity who has resolved its liability to the Rhode […]

RiseOfNations 13 Dec

The Big Huge Games trademark and the Rise of Legends and Rise of Nations properties were sold in 38 Studios’ intellectual property auction this week for $320,000. It is unknown who won the auction for those properties. Court appointed receiver for the assets Richard J. Land did “not receive acceptable offers for the remaining lots,” […]

AtariLogo 06 Dec

The three-year bankruptcy recovery plan of Atari’s U.S. branch received court approval yesterday, The Wall Street Journal reports. Judge James Peck in U.S. Bankruptcy Court in Manhattan approved the plan, and it was also supported unanimously supported by Atari’s unsecured creditors. The plan will see Atari pay back the full $3.8 million owed to bankruptcy […]