fitbabits
01-11-2006, 06:53 AM
Thanks to Gamasutra (http://www.gamasutra.com) for the story (http://www.gamasutra.com/php-bin/news_index.php?story=7747).
A joint press release from international developer KaosKontrol and French publisher Focus Home Interactive claims that a "winding-up order" has been obtained from the British High Court against troubled publisher Digital Jesters, meaning that this incarnation of the company is no longer allowed to continue trading.
As a result of the order, the two companies now intend to pursue further legal action against Digital Jesters directors Terry Malham and Leonardo Zullo. The companies also plan to demonstrate the alleged ‘shadow directorship’ of Rakesh Gandhi, as administrators investigate the transactions of the company and associated ventures such as Myriad Interactive, with the aim of recovering outstanding debts.
After months of rumours of financial troubles, a number of companies began to sever ties with British publisher Digital Jesters last year, beginning with Bet On Soldier developer Kylotonn Entertainment and Wild Earth developer Super X Studios. At the same time KaosKontrol, which operates its DiezelPower Studios in France, Japan and the U.S., announced that Digital Jesters were in breach of contract and also terminated its publishing agreement with the company.
What a tangled web some people weave. 'Shadow directorship' sounds like it comes straight from a Covert-ONE (http://www.ludlumbooks.com/covert-one-books.html) novel or something.
A joint press release from international developer KaosKontrol and French publisher Focus Home Interactive claims that a "winding-up order" has been obtained from the British High Court against troubled publisher Digital Jesters, meaning that this incarnation of the company is no longer allowed to continue trading.
As a result of the order, the two companies now intend to pursue further legal action against Digital Jesters directors Terry Malham and Leonardo Zullo. The companies also plan to demonstrate the alleged ‘shadow directorship’ of Rakesh Gandhi, as administrators investigate the transactions of the company and associated ventures such as Myriad Interactive, with the aim of recovering outstanding debts.
After months of rumours of financial troubles, a number of companies began to sever ties with British publisher Digital Jesters last year, beginning with Bet On Soldier developer Kylotonn Entertainment and Wild Earth developer Super X Studios. At the same time KaosKontrol, which operates its DiezelPower Studios in France, Japan and the U.S., announced that Digital Jesters were in breach of contract and also terminated its publishing agreement with the company.
What a tangled web some people weave. 'Shadow directorship' sounds like it comes straight from a Covert-ONE (http://www.ludlumbooks.com/covert-one-books.html) novel or something.