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Cheyenne Mountain Entertainment sued over unpaid bills
The developers of Stargate Worlds, Cheyenne Mountain Entertainment, has already admitted to cash flow problems. They also have had problems with not paying their employees for at least 25 days of service. Now, problems are looking even worse for the Stargate Worlds developer as they find themselves the target of a lawsuit over unpaid bills.Capital Princess LLC has sued Cheyenne Mountain over an unpaid open account, according to the Arizona Business Gazette on azcentral.com as of March 5th. This just adds to the problems of the unreleased game, which makes us all nervous and wishful that Stargate Worlds will reach completion.We'll keep you informed on this situation as we get more information.
German prosecutors probing BenQ Mobile's bankruptcy
Another day, another company slamming the doors shut, and another governmental group prying them back open to sniff things out. Shortly after BenQ pulled the plug on its German mobile division (and somehow got its P51 to China), chief senior public prosecutor Christian Schmidt-Sommerfeld has initiated an investigation to find out just what went down behind the scenes of the now-closed company. It's possible that "a number of bankruptcy-related offenses were committed," such as delaying their filing for bankruptcy and overstating how many units were sold in the most recent quarter by a couple million. Rumors had already surfaced regarding management's knowledge of the cashflow quandaries and their adamant indifference towards finding a solution, eliciting statements of "being lied to" to mar the already unfortunate closing. Nevertheless, we're sure someone will get to the bottom of all this, but unfortunately there's nothing they can do to bring all those unreleased (and sexy) mobiles to market.[Via The Register]
