The involuntary bankruptcy hearing of February 22 has been left undecided and a final decision postponed:<blockquote>On February 22, 2007 a status conference was conducted by the Bankruptcy Court concerning the involuntary petition pending against Interplay Entertainment Corp. The status conference was continued to May 24, 2007.</blockquote>Herve is buying some time. Meanwhile, words has reached us that there are multiple claimants in the lawsuit, and the amount asked of Interplay has been whispered not to be just the 60,000 asked by the employers, but a total of 750,000 USD in combined bills from several claimants. Herve will either have to drum up that money or win the case, otherwise the company will be declared bankrupt.
Link: 8-K filing on SEC.gov
Link: 8-K filing on SEC.gov