Sydney's Team Bondi, the studio behind the critically acclaimed L.A. Noire, has gone into administration. A report from the Australian Securities & Investments Commission explains that an administrator was appointed on Tuesday. The studio's office is being advertised for lease.This unfortunate news is received after a string of dramas at the studio; being subject to criticisms regarding unsuitable working conditions from staff, a treacherous six year development of L.A. Noire, and Rockstar pulling out as the studio's publisher.
LA Noire developer placed in administration [TG Daily]





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