A court ordered Midgar Studio into liquidation after its effort to secure a buyer failed within the process timetable, founder Jeremy Zeler-Maury said in an account reported Monday by GamesIndustry.biz; the order and closure are completed stages, while the cited report does not identify the court, publish the order, or say how the liquidation will distribute the studio's losses and assets. [1]

Zeler-Maury centered his farewell on the people who made Midgar's games and urged other studios, publishers and recruiters to contact them; GamesIndustry.biz says he did not disclose how many workers were affected, while LinkedIn's range of 11-50 employees describes a company-size band rather than an exact layoff count. [1]

Liquidation begins rather than resolves the worker and creditor record: termination dates, notice, unpaid wages, severance, wage priority, secured and unsecured claims, asset sales and recovery remain unknown in the cited record; the same is true of Midgar's games, licences, servers, source code and unfinished projects, because closure does not by itself say who owns them or whether any proceeds reach employees or creditors.

The exact X search timed out again without producing a usable post, so worker-solidarity and game-preservation concerns cannot be attributed to gaming X or mistaken for outcomes; GamesIndustry.biz reports the founder's account of the studio's legal end, while the liquidator's records must show what survives, who is paid and who bears the loss.

-- CAMILLE BEAUMONT, Los Angeles