TheLinuxReview: Loki Software files Chapter 11Aug 14, 2001, 01:07 (54 Talkback[s])
(Other stories by jd)
An anonymous contributor writes: "As a matter of public record Loki Software has filed Chapter 11."
LinuxReview has the scoop, which is very small:
"Apparently, Loki owes Activision USD 330,000 and Prolix USD 100,000. Here is a graphic of the bankruptcy filing. (14k). Yvonne Desollar of Loki Software stated , "They have no comment at this time" when asked about the bankruptcy proceedings."
Key to LinuxReview's small story is a PDF the site has made available of a Chapter 11-related document advising one of the company's creditors of its rights. The creditor's name is obscured.
A rather helpful reader has pointed to a link explaining Chapter 11 (reorganization) bankruptcies: