Interplay changes hands

better buy some before they will be taken off the market!

:|

How much does a report cost btw.? Never heard of such a thing.
 
And they say that we are nothing but a bunch of old rabid fallout fanatics. Well, here we present them with a info on what Interplay's financial status plus analysis of it. Didn't some trading web sites went to check out this site back when Interplay was on the verge of closing (after FO:POS)?
 
Nology5890 said:
Basically, the deal is that Titus Interactive (which is bankrupt, so only around by name only) is selling its shares of Interplay to some Luxembourg financial company, thus bringing up more assets for Interplay to be able to make the MMO Fallout game.
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I got that, I just don't understand the ulterior motive. Is it money-laundering or some smoke+mirrors thing?
 
PlanHex said:
Nology5890 said:
Basically, the deal is that Titus Interactive (which is bankrupt, so only around by name only) is selling its shares of Interplay to some Luxembourg financial company, thus bringing up more assets for Interplay to be able to make the MMO Fallout game.
Click to expand...
I got that, I just don't understand the ulterior motive. Is it money-laundering or some smoke+mirrors thing?
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Titus was bankrupt and forced into liquidation. It had to sell all its assets by court order to reimburse debt-holders.

From what I remember, Eric Caen appointed Herve Caen to oversee the liquidation. Herve sold everything left of Titus, funnelled most of the money from the gains to Interplay and apparently sold Interplay majority stock to these guys, these guys probably being him.
 
Brother None said:
...and apparently sold Interplay majority stock to these guys, these guys probably being him.
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Am I being stupid, because the only Financial Planning and Development I can find registered with the Luxembourg Registar of Companies is Financial Planning and Development Holding S.A.? It hasn't filed accounts since 2003, so I'm not even sure if it exists any longer. (And, the only other information I can find about that company is that it was involved, along with a U.S. law firm, in the creation of limited companies registered in Luxembourg for clients overseas.)

Also, there appears to be the completely separate and different company - Future Patents Development Company S.A. - registered as the entity FPD...

I'm confused, but I wouldn't be surprised if Interplay simply disappears in a puff of legal wind at some point in the future, when somebody, somewhere decides to have a closer look at the house that Herve built, only to find that it is made entirely from straw.

Interplay might make a nice distraction for a forensic accountant, but I'm not convinced that it will ever make any software...
 
Bernard Bumner said:
Am I being stupid, because the only Financial Planning and Development I can find registered with the Luxembourg Registar of Companies is Financial Planning and Development Holding S.A.? It hasn't filed accounts since 2003, so I'm not even sure if it exists any longer. (And, the only other information I can find about that company is that it was involved, along with a U.S. law firm, in the creation of limited companies registered in Luxembourg for clients overseas.)
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That's also the only one I could find public filings of, but I assume very much that's not these guys.

Most filings in Luxembourg do not have to be public, don't expect to easily find FPD Luxembourg, unless you're willing to pay.

Bernard Bumner said:
I'm confused, but I wouldn't be surprised if Interplay simply disappears in a puff of legal wind at some point in the future, when somebody, somewhere decides to have a closer look at the house that Herve built, only to find that it is made entirely from straw.

Interplay might make a nice distraction for a forensic accountant, but I'm not convinced that it will ever make any software...
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Interplay has 5 or more software IPs, a staff - though a small one - of developers/programmers, and significant investments, mostly from abroad.

It is not a straw house company. Not anymore.
 
Brother None said:
Interplay has 5 or more software IPs, a staff - though a small one - of developers/programmers, and significant investments, mostly from abroad.

It is not a straw house company. Not anymore.
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All of that is good. I was thinking more of the corporate mechanics, rather than the tools for game production.

There has - apparently - been so much shady dealing and smoke and mirrors in the recent history of Interplay, that I find it hard to believe that Herve can really have completed a legitimate rescue of the company.

How much would you bet on Interplay turning into some kind of gaming Enron? (Maybe a little melodramatic, but it has been a quiet morning, and thought of the Feds dragging Herve away for questioning is amusing today.)

I can't really remember a developer managng to come back from the dead like this, and given their intention to enter into the fierce - and notoriously enormously expensive - competition of MMO gaming, them I'm really not convinced that these aren't just the prolongued death throes.

Yeah the law on public disclosure in Luxembourg is certainly complex and heavily weighted in favour of maintaining the place as one of Europe's favourite tax havens - finding information on British businesses is so easy.
 
Props on the info, but just how is it that you find these obscure snippets of infomation on Interplay's shady dealings? :D
 
kinda far away, but i might go touring the Ardennes with my motorcycle somewhere this summer. if i'll do, i'll drop by our Luxembourgian neighbours.
 
SuAside said:
kinda far away, but i might go touring the Ardennes with my motorcycle somewhere this summer. if i'll do, i'll drop by our Luxembourgian neighbours.
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I somewhat doubt if it's more than a postbox, to be honest.
 
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