Wednesday 31 August 2011

viedogame: Team Bondi goes into administration - Report

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Team Bondi goes into administration - Report
Sep 1st 2011, 03:31

The fate of L.A. Noire developer Team Bondi appears to be all but sealed, with reports that the studio has been placed into administration following last month's rumours that that Team Bondi's intellectual property and assets were sold to Sydney-based multimedia production firm Kennedy Miller Mitchell.

According to a SmartCompany report, documents filed with the Australian Securities and Investments Commission show Riad Tayeh and David Solomons of De Vries Tayeh were appointed as joint administrators of Team Bondi on August 30.

This news comes after a troubled period for the L.A. Noire developer; its reputation was tarnished earlier this year when employee complaints about working conditions and credits omissions drew the attention of the International Game Developers Association. At the time, one of Team Bondi's senior-most developers said the studio would learn from its mistakes.

At this stage, it is still unknown whether Team Bondi's recent troubles were the direct cause of the company being placed into administration. Attempts to contact Team Bondi, KMM and De Vries Tayeh by both GameSpot and SmartCompany have been unsuccessful as of publication time, but GameSpot will update the story as further news comes in.

For more on L.A. Noire, check out GameSpot's review.

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