Report: Dontnot Files For Bankruptcy

Reports are coming out of France saying Dontnod, the studio behind Remember Me, is in a bit of trouble.


Comments

    Ok.... Thanks for sharing..........care to elaborate? -_-

    Is this related to the reports that came out on Friday?

    Reports that they denied?..
    It turned out that they were operating under a French goverment practice that allowed them to streamline their staff, creditors and work practices... unless this was something different?

    This is truly the anti-thesis of journalism. I know that Kotaku needs lots of filler articles to have a constantly updating stream that will pay for the articles that take time and money to produce... but they should have standards to filter submissions that are merely an image, 10 words and a link. This thing literally took less than 1 minute to put together.

      That, and it's a link to an article they didn't even read properly. The update, which was written before this "article" (I read the original several days ago with the update already there) states that they are denying bankruptcy and are instead re-organising. Until they actually start bankruptcy procedures in earnest, it seems like business as usual.

    This is EXACTLY the article that came out last week. From the Gamasutra link:

    "Dontnod CEO Oskar Guilbert has told GI.biz, "There is no bankruptcy, Dontnod is not in bankruptcy... We are in something called in France 'judicial reorganisation' which allows us to re-adapt our production pipeline to the new situation."

    He added, "We started new projects and those new projects need some investment and we decided to resize the company in order to match these new needs. That's why we needed judicial reorganisation."

    However, "Judicial reorganisation" actually is one of several stages involved in bankruptcy in France. If a French company is unable to pay its debts, it must declare this to a court, at which point it can either utilize a judicial reorganisation in a bid to save the company, or go straight to liquidation proceedings.

    Judicial reorganisation allows for the business to continue onwards while the bankruptcy procedures are ongoing, maintain its workforce, and start paying debts."

    How is this considered acceptable? Even if you think people are stupid, surely it's not that stupid.

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