Gen Con Files For Chapter 11
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.
Jeez...
yay
All you fucking haters out there can suck my motherfucking dick.
And we still smoking.
What?
Just FYI, this filing is a direct result of Lucasfilm suing Gen Con for a lot of deception regarding "Celebration IV" that occurred last year.
As taken from this story on TheForce.net, here is a summation of the charges:
1. Gen Con failed to uphold its legal obligations in terms of financial reporting, accounting and payments to Lucasfilm ($500,000 in damages)
2. Gen Con did not give auction proceeds to Make-A-Wish as they had agreed to do ($150,000 in damages)
3. Gen Con did not give Lucasfilm their share of the auction proceeds ($150,000 in damages)
4. Gen Con did this all unjustly ($150,000 in damages)"
If you keep taking cookies out of the cookie jar today, there will soon be none for tomorrow.
If you forget to give your bigger brother his cookies, he beats the hell out of you and you have to file bankruptcy.
Democracy is two wolves and a lamb sitting down and voting on what's for lunch.
Liberty is a well armed lamb contesting the vote.
Beer is proof that God loves us and wants us to be happy.
I guess Gen Con failed the saving throw.
"Even for Slashdot, that was a very obscure reference!" - Anonymous Coward
that this might, JUST might, get them to move GenCon back to Milwaukee where it belongs?
I mean, seriously - they bitched and moaned about "not enough hotel space" being the prime factor when by moving it just one weekend later they WOULDN'T HAVE TO COMPETE FOR HOTEL SPACE WITH FUCKING WISCONSIN STATE FAIR.
Then the very next year at GenCon Indy - "not enough space in the dealers' room, we're growing out of all the hotel space we can find in Indy..." bah.
Move it back to Milwaukee where it belongs. I miss taking my buddies to The Safehouse.
Just wait until Dungeons & Dragons 4th Edition flops.
My humor is probably your flamebait
This has been seen coming for a while. GenCon SoCal failed a few years ago, and the mega-convention scene is becoming larger. GenCon doesn't quite have the exclusive draws it used to have. Let's hope we see a refocus on becoming a destination for all gamers.
"Teach a man to build a fire, and he's warm for a day. Set a man on fire and he's warm for the rest of his life."
This move will not affect the still profitable Gen Con Indy event which wills till happen August 14-17, 2008.
Goo dnews! That is suchar elief! Thank sforp assing iton!
Some sort of furry/anime/cosplay thing?
Don't tell me, I don't even want to know.
I'm sure society is much better off without it.
Why can't you people do that silly spaceman shit in private? The rest of society doesn't want to see you.
I don't need no instructions to know how to rock!!!!
ALL "conventions", no matter what industry/hobby they are about, are run by thieves and liars. Seriously.
http://www.theregister.co.uk/2008/02/18/google_lawsuit/
I'm making a note here... HUGE SUCCESS!
If what LucasFilm says of GenCon, then they need to be crushed. Stealing money from dying children? It would be very difficult to do something more scummy.
-- Will program for bandwidth
Who is Will? Is his till now empty?
The Milwaukee GenCons were a thing of legend. It blew my mind when they were moving it. If I were a spiteful person, I might be happy about this news. But I'd rather they just come back home. Where they belong.
Gen Con LLC: You will not find a more wretched hive of scum and villainy.
In this economy (wake me up when I have a steady job) I can maybe go on Saturday, and I won't really have much advance notice. So a six hour drive each way, and they want half the full conference fee just for the privilege of going to the dealer area for one day...er, make that one afternoon. Fsck that!
My other car is a 1984 Nark Avenger.
while representine GenCon
"maybe the kids wanted to be robbed....maybe that was their wish..."
no idea why that image popped into my mind.
To my boycott list.
---- Booth was a patriot ----
Who?
What?
Heh. You know, I've never been to one of those things? I love sci fi, fantasy, and gaming, but I wouldn't go to a convention. I can't stand fanatics of any stripe, and I don't like (all male) circle jerks.
You do get that I was making fun at tjstork's expense, right? Slashdot is not only for people who love America. I wasn't saying that at all. I respect other's opinions, IF that opinion is worthy of respect. I respect people's right to have and share an opinion, too, but if my opinion of their opinion is that their opinion sucks donkey balls, I'm going to share that too. And tjstork's opinion amounted to, "haha, what a bunch of dorks."
I love America, the concept. I'm pretty fond of the country. The people I can take or leave, and the government can go stuff itself in the wrong end of a sheep.
As for Gen Con, if the allegations are true, yeah, they screwed up. But back in the day, it wasn't just the most prestigious, it was the only gaming convention. You know, when it was in Gary Gygax's living room, and a few years after that.
- None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
Gen Con FAIL! http://wwwfail.com/?url=http%3A%2F%2Fwww.gencon.com%2Fimages%2FCorporateLogo.jpg
I'm sure this story would be much more interesting with some context. Even TFA has none. Excellent obfuscation.
Perhaps some simple explanation of terms in the submitted story would be good.
I'm surprised the first comment isn't 'WTF is Gen Con?'
Who are Gen Con? What is Gen Con indie? Why is Lucas suing them?
Is it too much to ask for you to put a summary of the story in the summary?
Ya know, me an' my buddy were just a sayin', ya know, whatever happen ta GenCon? An' he was like, oh, geez, well I tink they went southa here, ya know, not Chicaaago, but Indiaaana. An I was like, wha? Wha the heck dey go to Indiana fur? Oh geez. Nothin' down der but ... well, cornfields, an de Indy five huntert. Shucks. I dunno why da heck dey'd leave Wisconsin!
:D
And in other news, my bid for the Milwaukee County Board may wrap up today on primary day. We'll see.
-- haaz.