Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
May 22, 2019
arrowPress Releases








If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Acclaim’s Physical Assets To Go Under Hammer

Acclaim’s Physical Assets To Go Under Hammer

December 2, 2004 | By David Jenkins

December 2, 2004 | By David Jenkins
Comments
    Post A Comment
More: Console/PC



In a final ignominy for now-defunct developer and publisher Acclaim Entertainment, the company’s Long Island, New York corporate headquarters and its contents have been put up for public auction, to be held early next week.

Acclaim officially filed for bankruptcy on September 1st this year, when it listed assets of between $10 million and $50 million, and debt of more than $100 million. This final Chapter 7 filing came after an unsuccessful attempt to secure a $65 million loan in order to continue trading, resulting in the closure of the company's offices in Glen Cove, New York; Austin, Texas and Manchester, England.

The auction is being overseen by David R. Maltz & Co., Inc. and will take place on Tuesday, December 7th. Further information can be found at the official Maltz Auctions website.

This auction is simply for the physical assets of the company's HQ, not any of the intellectual property or game rights, which are presumably being dealt with separately. However, as can be seen from the bankruptcy sale website, these physical assets include some rather nice looking furniture and some particularly comfortable looking chairs. Also included in the sales are approximately 43,000 video game cartridges and/or disks – although the vintage and quality of the merchandise has not been guaranteed.


Related Jobs

Sony PlayStation
Sony PlayStation — San Mateo, California, United States
[05.21.19]

Sr. Manager, Competitive Gaming (North America)
Cold War Game Studios, Inc.
Cold War Game Studios, Inc. — Remote, California, United States
[05.21.19]

Level / Encounter Designer
Insomniac Games
Insomniac Games — Burbank, California, United States
[05.21.19]

User Experience Researcher
Square Enix Co., Ltd.
Square Enix Co., Ltd. — Tokyo, Japan
[05.20.19]

Experienced Game Developer









Loading Comments

loader image