Everything belonging to Team Bondi, including the studio’s IPs, have been sold off to KMM (Kennedy Miller Mitchell).
That’s according to a report on Develop, which comes right after it was rumored last week the firm had went bankrupt.
The report also claims Team Bondi employees have been given jobs at KMM, with boss Brendan McNamara being offered a role at the firm, or a severance package.
The debacle will not affect L.A. Noire, though, as the IP is now owned by Rockstar, with Rockstar Leeds handling the PC version of the game.
We’ll keep you informed as more on this develops.
*foghorn*