Team Bondi's reported liquidation and assets sell-off is coming to pass. Smartcompany.com.au has noticed documents filed with the Australian Securities and Investments Commission on August 30 that joint administrators, Riad Tayeh and David Solomons of de Vries Tayeh, were appointed for the Sydney games development studio with a creditor's meeting taking place tomorrow.
With the Develop report in early August that Team Bondi's assets were to be sold off to KMM Games and Team Bondi staff given the option to migrate over in mind, Smartcompany contacted KMM and Doctor D Studios for further comment, but the company has refused to provide any confirmation or response on the matter. When Smartcompany contacted Team Bondi's office in Ultimo, they were informed that Team Bondi were no longer there and that no one was available for any media enquiries.
For the full report, head on over to Smartcompany.com.au