of the much-hyped science-fiction first-person shooter, Aliens: Colonial Marines. The game was outsourced to TimeGate by Borderlands developer Gearbox Software, who were originally assigned by publisher Sega to work on the Alien game. However, due to troubled development, the game was released in a rushed, incomplete state and received mostly negative reviews. Most issues were resolved with a post-release patch. Nevertheless, the state of the game upon initial release led to TimeGate laying off twenty-five members of its staff after its release. In 2013, it was announced that TimeGate was developing a new free-to-play game, titled Minimum, expected to be released at the end of the year. Bankruptcy On Wednesday, May 1, 2013, TimeGate Studios filed a petition for Chapter 11 bankruptcy protection in Texas Southern Bankruptcy Court, according to court documents obtained by Polygon. The petition filed by TimeGate listed total liabilities that ranged from $10 - $50 million, owed to creditors. Creditors included companies such as Unreal Engine developer Epic Games, online game service Agora Games, transmedia developer DJ2 Entertainment, video game agency Birthplace Management Group, and video game publisher Southpeak Interactive. TimeGate Studios faced $7.35 million in damages and lost the license for Section 8 as part of a fraud suit between itself and SouthPeak. In 2009, TimeGate sued Southpeak, claiming Southpeak had withheld royalties and failed to follow through with localizing the title "Section 8". SouthPeak countersued, claiming TimeGate hadn't invested enough of its own capital into the game's development, among other complaints. The two entered into arbitration with a third party, who ruled in favor of SouthPeak, awarding SouthPeak $7.35 million in compensatory damages and control of the Section 8 license. In March 2013, this ruling was overturned in a federal court. In April 2013, a U.S. Court of Appeals for the Fifth Circuit filed to reverse and remand the prior March ruling, reinstating the arbitration award for SouthPeak. SouthPeak Interactive looked to convert TimeGate's Chapter 11 bankruptcy into a Chapter 7 liquidation, which would mean a studio closure for TimeGate. It was reported later in May that the studio had closed. Games Kohan: Immortal Sovereigns – (2001) Kohan: Ahriman's Gift – (2001) Kohan II: Kings of War – (2004) Axis & Allies – (2004) F.E.A.R. Extraction Point – (2006) F.E.A.R. Perseus Mandate – (2007) F.E.A.R. Files – (2007) Section 8 – (2009) Section 8: Prejudice – (2011) Aliens: Colonial Marines – (2013) References External