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Loki Files For Chapter 11 Protection

Posted by timothy on from the hoping-this-is-a-false-alarm dept.

yamla writes: "Loki is dead!" and points to a Linux Review article which says the gaming company has filed for protection from creditors under bankruptcy laws. Yamla continues: "Read about it here. This is terrible news! I have paid for some of their games and they were always at least as good as the Windows versions. I hope Loki can pull out of bankruptcy and keep going but if not, it will be our loss." There is also a story at LinuxToday (pointed out by reader Beee) which draws from the Linux Review report. Meanwhile, the Loki site appears business-as-usual. Filing for bankruptcy protection is not the same as being "out of business," but it's uncomfortably close.

3 of 708 comments (clear)

  1. Hmmm... by NonSequor · · Score: 5, Funny

    It just occurred to me that they may just be filing Chapter 11 to get people to buy more games from them. Hell, it worked on me, I just bought two games from them.

    --
    My only political goal is to see to it that no political party achieves its goals.
  2. Re:There is no justice in the world..... by jbarnett · · Score: 5, Funny

    I suppose we could have also saved pets.com if every Slashdot reader had bought just one 50-pound sack of dog food

    I bought a 50 pound bag of dog food, and I tell you what it sucked ass. I mean it didn't even taste like real dog, more like fake filler substance and beef. I had to make meatloaf out of it and smoother it ketchup to just get it down.

    --

    "`Ford, you're turning into a penguin. Stop it.'" -THHGTTG
  3. Unless you are going to loki to buy games... by efuseekay · · Score: 4, Funny

    Stop /.-ing the site for people who are there to buy them!

    *rant over*

    --
    Mode (3) smart-aleck mode. Press * to return to main menu.