Tag Archives: bankruptcy

The Hammer Comes Down On Catalyst Games

Catalyst Games (Shadowrun, Battletech), which has been dealing poorly with its big internal embezzlement scandal, just got served!  Not in the urban dance contest sense, but in the legal sense.

WildFire, the people who write CthulhuTech and were trying to use Catalyst as a publisher/distributor, and some other folks (two freelancers, we think), have apparently gotten sick of getting stiffed and have filed a Chapter 7 request with the US Bankruptcy Court against InMediaRes (aka Catalyst aka Holostreets aka BattleCorps).  This is a new one on me – it’s basically filing bankruptcy on someone else’s behalf and saying “give me my damn money, or you’ll get declared bankrupt and your organs will be sold to pay me!”

See the filing docs – DOC 1 DOC 2

Various lawyery speculation says that as Chapter 7 requests are pretty easily defeated by anyone with a pulse, it’s unusual to do this unless you have a real strong case and/or you think they’re going down the drain and you want to get in line first to get your money before they shuffle it off to random personal slush funds.

Catalyst has responded with the predictable “What!  Baseless!  All will be well!

Standard posturing.  The sad thing is that when it all is settled, probably despite Catalyst collapsing, the primary culprit will still be living large in the big ol’ house paid for with his ill-gotten gains.  Hooray, deregulation!