Black Prophecy Dodges Debt Death

Promising-looking space-MMO Black Prophecy would be breathing a sigh of relief - if unreleased games could breathe - as the cashflow problems brought developer Reakktor Media into insolvency have been sorted out, for now. The announcement explains: "The insolvency plan, suggested by insolvency administrator Rainer M. Baehr, was accepted by all creditors. Due to the support of a solvent investor, the financial reorganization of the company could be carried out successfully and all jobs have been saved." It seems the game will still be released next year, which is good news as the high-spec engine and trading larks look intriguing. For more information on the game itself it's worth checking out their recent developer diaries.