Several older Telltale games have been removed from sale from Steam today, following a report that Telltale Games is filing for bankruptcy. While not every game has been removed, Telltale is entering into a process that ends with the company officially closing its doors after months of being on its death bed.
According to GameDaily, Telltale has contracted an outside company, Sherwood Partners, to aid in shepherding the Northern California game developer through bankruptcy proceedings. This includes a total liquidation of all of Telltale’s assets, which can include everything from office furniture to intellectual property.
As part of this, an ex-employee told GameDaily that Telltale will cease offering COBRA health insurance legally mandated to offer affected employees who are not yet receiving new health insurance on November 30. The employees laid off from Telltale also did not receive severance after their employment ended.
Older Telltale games have also disappeared from Steam while bankruptcy proceeds, such as Back to the Future and Jurassic Park. More recent games like The Walking Dead and Tales from the Borderlands are still available, however. This seems to be an issue limited to Steam, as console digital stores still have those games for sale, but it’s not clear for how long this will be true.
[Source: GameDaily]
