Samson developer Liquid Swords declared bankrupt

Liquid Swords, the Swedish studio behind the game Samson, was declared bankrupt by the Stockholm District Court on October 12, as employees sought legal action after going without pay for at least two months, according to reporting attributed to Swedish business publication Breakit. The bankruptcy estate is offering the studio’s assets for sale, but whether a buyer will take them on remains unknown. The court order followed a petition by employees, rather than a bankruptcy filing initiated by the company, according to the reports. The studio’s roughly 30 employees are being dismissed. Their unpaid wages are expected to be covered under Sweden’s state wage guarantee, according to reports about the proceedings. Cirio, the law firm administering the bankruptcy, published a preliminary bidding document listing intellectual property connected to Samson, other company intellectual property, development assets, equipment and inventory for sale. The bidding window ends October 21. Cirio’s document says employee contracts do not transfer with the business; a buyer wishing to retain staff would need to sign new contracts with them. The document also gives preliminary figures for Samson...