Aliens:Colonial Marines Developer Shuts Down
 

TimeGate Studios, the developer of Aliens: Colonial Marines has reportedly been shut down and the employees sent home. Details are still a bit scarce and the company has yet to issue a statement on their status. The studio is currently engaged in an ongoing lawsuit with publisher Southpeak Interactive, which reportedly won in arbitration and got TimeGate's Chapter 11 changed to a Chapter 7 liquidation.

http://www.hardocp.com/news/2013/05/...er_shuts_down/