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Interplay's Debts List at No Mutants Allowed

Discussion in 'Game/SP News & Comments' started by NewsPro, Jun 27, 2004.

  1. NewsPro Gems: 30/31
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    Remove all ads!
    (Originally posted by chevalier)

    Kharn of No Mutants Allowed has posted a long list of Interplay's creditors with due sums and short background information on each. Here's a snip:

    [At] the time of filing, Bioware alleged that it was owed approximately $156,000 under various agreements for which it secured a writ of attachment over the Company's assets. If Bioware executes the writ, it will negatively affect the Company's cash flow, which could further restrict its operations and cause material harm to our business.
    (...)
    On or about April 16, 2004, Arden Realty Finance IV LLC filed an unlawful detainer action against the Company in the Superior Court for the State of California, County of Orange, alleging the Company's default under its corporate lease agreement. At the time the suit was filed, the alleged outstanding rent totaled $431,823. The Company was unable to satisfy this obligation and reach an agreement with its landlord, the Company subseqently forfeited its lease, and is in the process of locating another building for its operations. This suit and interruption of our operations could cause substantial harm to our business
    (...)

    Read the whole thing at No Mutants Allowed.
     
    NewsPro, Jun 27, 2004
    #1
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