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Gen Con Files For Chapter 11

Posted by ScuttleMonkey on from the missed-their-saving-throw dept.

Heartless Gamer writes to tell us that Gen Con LLC announced late last week that they have filed for Chapter 11. This move will not affect the still profitable Gen Con Indy event which will still happen August 14-17, 2008. "This action became necessary as a result of significant unforeseen expenses associated with attempts to expand its core business to encompass externally licensed events. [...] The protections afforded by Chapter 11 will allow Gen Con to further its efforts to address its liquidity needs, preserve value for its creditors and explore strategic alternatives for the business." Evan writes to add that this is the result of LucasFilm suing GenCon.

5 of 120 comments (clear)

  1. d20 by Webs+101 · · Score: 5, Funny

    I guess Gen Con failed the saving throw.

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    "Even for Slashdot, that was a very obscure reference!" - Anonymous Coward

  2. This was a triumph by Anonymous Coward · · Score: 5, Funny

    I'm making a note here... HUGE SUCCESS!

  3. Re:What the hell is a Gen Con by spun · · Score: 3, Funny

    Oh man, my finger slipped. You know, the apostrophe, it's so close to the... ah... Look over there! It's Bigfoot!

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    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  4. Re:Why am I not surprised? by Fozzyuw · · Score: 5, Funny

    ALL "conventions", no matter what industry/hobby they are about, are run by thieves[...]Seriously.

    That's because it takes too long to level a Paladin.

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    "The past was erased, the erasure was forgotten, the lie became truth." ~1984 George Orwell
  5. Cue Martin Short nervously puffing on a cigarette. by filthpickle · · Score: 3, Funny

    while representine GenCon

    "maybe the kids wanted to be robbed....maybe that was their wish..."

    no idea why that image popped into my mind.