Slashdot Mirror

← Back to Stories (view on slashdot.org)

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.

4 of 708 comments (clear)

  1. No!!! by Vardamir · · Score: 0, Redundant

    This is really terrible, i don't know what else can be said.

  2. why don't we... by Misha · · Score: 1, Redundant

    Hey people, how about everyone who can and who has ever played a Loki game without paying for it, go and buy one off their website? That's what I am doing. I think it will be worth it. Maybe this Slashdot post can generate a couple of tens of thousands of dollars for them, and they'll stay alive or at least afloat for a couple of more titles. just my 2 cents

    --



    I was thinking of how to intentionally fail my drug test... It would make a good memoir story someday.
  3. Two words by MSBob · · Score: 0, Redundant

    Game Over

    --
    Your pizza just the way you ought to have it.
  4. Damn, damn, damn, damn... by xonker · · Score: 0, Redundant

    If they have filed, I hope that they're able to make a comeback somehow...

    Not only do all of Loki's titles rock, they're a good bunch of people. I've talked to Scott Draeker and other folks from Loki several times and they're good people who deserve to succeed. They've worked really hard, and they weren't one of the companies that pissed away VC money as fast as they could get it.

    News like this makes me want a drink -- and I don't even drink.