Bankrupt publisher JoWooD faces an uncertain future after a potential investor withdrew its interest.
According to insolvency organiser Helmut Platzgummer, an unnamed party made it clear that they no longer planned to invest - although apparently two other investors are still interested in the firm, reports the Austrian Independent.
The Vienna-based company, best known for role-playing series Gothic, has been seeking new investment since filing for insolvency earlier this year the board at that time claiming they could conclude discussions with creditors within 90 days.
JoWooD also issued a press release confirming that a planned Gothic 4 expansion, ArcaniA Fall of Setarrif, had been cancelled indefinitely due to "legal uncertainty" with Stefan Berger, the company's business development manager, saying: "It's uncertain whether the game can be released onto the market in its current form".
JoWooD employs around 90 staff and is currently pursuing a lawsuit against fellow publisher Koch Media, claiming the German firm owes JoWooD 2.36 million ($3.04 million), plus interest, for shares purchased in 2006.