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Remember "Amara Kingdom"?The studio bankruptcy case is finally concluded

2025-01-27 07:55:03|Myriagame |source:minecraft skins

After four years of financial turmoil, the chairman of the "Amara Kingdom" game developer 38 Studios, who went bankrupt in 2012, finally agreed to reach a preliminary reconciliation with the Rhode Island government.

Cost Simarin and three other joint defendants reached an agreement worth $ 2.5 million. If the court approves, Rhode Island Economic Development Group will receive 4.5 billion compensation in the 38 Studios lawsuit.

In 2012, 38 Studios, which developed "Amara Kingdom", fired all employees after not satisfying huge repayment and was forced to declare bankruptcy, which forced the court to urgently claim a lawsuit.In essence, this is the result of financial turmoil. The Sisters Studio of 38 Studios, Big Huge Games subsequently announced bankruptcy.

In order to touch the fish in muddy water, the US Securities and Exchange Commission also filed a lawsuit against the Rhode Island Economic Development Group and Wells Fargo, saying that it had cheated investors earlier this year.

The 38 Studio has been washed off -the -world allegations in the survey of the past four years, but $ 28.2 million in debt is still shrouded in the taxpayer's head.