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Team Bondi staff owed thousands after liquidation

This article is over 13 years old and may contain outdated information

Former Team Bondi staff members are still owed thousands of dollars, following the recent liquidation of the company.
Documents filed by administrators deVries Tayeh show that former employees are owed amounts ranging from $1,600 AUD to $99,000 AUD. Studio head Brendan McNamara who came under considerable criticism for his leadership style in the weeks prior to the company’s collapse, is also owed over $102,000 AUD.
In total, the LA Noire developer owes $1.4 million AUD to more than 40 different creditors.
As the company has gone through liquidation, the chances of staff being repaid are not high. However, there are reported to be avenues open in Australia for reclaiming owed pay through government programs.
The precise circumstances of Team Bondi’s collapse have not yet emerged, but it is known that as development began to run well over proposed deadlines, publisher Rockstar stepped in to take more control over the project and pump funds into the company.
It is likely that the forthcoming PC port of LA Noire is an attempt by Rockstar to regain some of that lost investment.
Source: gamesindustry.biz

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Paul Younger
Founder and Editor of PC Invasion. Founder of the world's first gaming cafe and Veteran PC gamer of over 22 years.