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German Developer Yager Files for Insolvency after Being Dropped from ‘Dead Island 2’

Yager, the German developer that was dropped from working on Dead Island 2, has filed for insolvency for the team that was working on the game.

Timo Ullmann, Yager CEO, said, “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 reorganizing this entity.” Ullmann did say that the Dead Island 2 team’s wages are safe for at least several months.

The CEO also stated, “We are currently at a good stage of setting up a plan for the reorganization. Unfortunately, I can`t get into details at the time being. However, we have a great skilled team that deserves the best solution. The insolvency proceedings provide us with the necessary time to find exactly that. Our group structure ensures that all other parts of YAGER work completely independently and remain totally unaffected, all other projects will be continued as planned.”

Yager is currently developing multiplayer spacecraft battle game Dreadnought.

Follow Rob Shimshock (@Xylyntial) on Twitter for more video game news.

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