Spec-Ops Developer Yager Files for Insolvency After Being Pulled From Dead Island 2
It doesn’t look like game developer Yager is doing so well after being pulled from working on Dead Island 2.
In a recently published press release, Yager Managing Director Timo Ullmann announced that the company has filed for insolvency, essentially meaning that it cannot pay off its debts. He explained that the filing is a “direct result” of being pulled off of Dead Island 2, and assured the public that it only impacts Yager Productions, and not the entire Yager Group.
As single-purpose company, Yager Productions was assigned to the development of the Deep Silver title Dead Island 2. The insolvency filing is a direct result from the early termination of the project and helps protecting our staff. In the course of the proceedings, we gain time to sort out the best options for reorganising this entity.
Insolvency proceedings solely affect Yager Productions. All other parts of Yager Group are independent and remain unaffected. In addition to titles that are already in production, Yager has a team working on new gaming concepts which also remained intact.
The developer was pulled from Dead Island 2 after it had different ideas from publisher Deep Silver on where the zombie game was headed.