The Russian entity of mobile developer Game Insight has been officially declared bankrupt. In addition to that, a criminal case has been opened against its leadership, with the company owing millions to its former employees.
What is known about Game Insight Russias bankruptcy?
- As reported by Russian newspaper Izvestia, the Moscow Arbitration Court issued a ruling on October 20.
- The company is now subject to insolvency proceedings to satisfy, to the extent possible, the claims of its creditors.
- The total debt of Game Insights Russian office is more than 142 million rubles ($2.3 million): unfulfilled obligations to creditors amount to 76.2 million rubles, while wages and severance pay arrears amount to 66.5 million rubles.
- Denis Kachur…
Read the full article at: https://gameworldobserver.com/2022/11/14/game-insight-russia-bankruptcy-criminal-case