Sections

Connect with world renowned investors

14 - 16 April 2021

Join the event

German publisher CDV files for insolvency

Legal victory against Southpeak comes too late for Blitzkrieg publisher

German console and PC publisher CDV Software Entertainment AG has filed for insolvency at the district court in Frankfurt.

The company had only just won a long-running legal battle with Southpeak Interactive over payments from Gamecock Media Group, which Southpeak bought out in late 2008.

Southpeak had paid CDV Software $3.1 million in December when it was found in breach of contract, and had also been hit with second ruling over copyright infringement.

However, legal issues bought by publisher Paradox had suggested that Southpeak was also close to insolvency, leaving question marks as to its ability to pay any fines, although Paradox has since settled its dispute with Southpeak.

As well as budget titles on the Nintendo Wii, CDV had also published PC titles Blitzkrieg and Serious Sam HD in Europe.

GamesIndustry.biz has contacted CDV Software AG, it's US subsidary and its administrators for further detail.

Connect with world renowned investors

14 - 16 April 2021

Join the event

More stories

Southpeak "successfully resolves" $3m dispute with CDV

Posts net loss of $5.8m for 2010, calls legal expenses 'a significant drain' - but costs down, revenues up from 2009

By Alec Meer

cdv names Southpeak as reason for insolvency

German publisher releases information citing non-payment of lawsuit

By Phil Elliott

Latest comments

Sign in to contribute

Need an account? Register now.