BusinessBusiness RecoveryOnline cop game sold by Begbies Traynor administrators

Online cop game sold by Begbies Traynor administrators

IP rights to All Points Bulletin, an online game developed by insolvent Realtime Worlds, sold by administrators

Administrators of a Scottish developer of online multiplayer games have sold the business’ intellectual property rights of one of its most popular products.

Online cops and robbers game APB: All Points Bulletin has been sold to a subsidiary of US-based GamersFirst by joint administrators Ken Patullo and Paul Dounis of Begbies Traynor.

The game had been developed by Dundee-based Realtime Worlds, which went into administration three months ago, with 213 redundancies.

“We are obviously very happy to have concluded the sale but at the same time very much regret the loss of jobs as a result of the closure of Realtime Worlds,” said Dounis.

“As a consequence of the IPR asset sale almost all outstanding wages and holiday pay claims will be met in full.”

 

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