Playlogic files for bankruptcy
A European-based developer and publisher is dealing with some financial hardships this week. Gamasutra reports that Playlogic has filed for the equivalent of Chapter 11 bankruptcy in its native county of the Netherlands.The report states that Playlogic has admitted to being "behind on payments to some of our vendors." It also claims that it is owed money from its distributor Koch Media to the tune of 1.7 million euros and has started legal proceedings to obtain that money.
Playlogic's last game was the platform action title Fairytale Fights. While the game was released for the Xbox 360 and PS3 last fall, the promised PC version has yet to be released.
Playlogic's last game was the platform action title Fairytale Fights. While the game was released for the Xbox 360 and PS3 last fall, the promised PC version has yet to be released.






