Liquidators to close Team Bondi

Administration at an end.

Administrators have decided to close acclaimed but beleaguered Australian developer Team Bondi, the creator of L.A. Noire.

Documents filed at the Australian Securities and Investments Commission revealed that the administrators have resigned and given way to liquidators, reported Gamasutra.

A menacing document entitled "Special Resolution to Wind Up Company" has also been filed.

Team Bondi entered administration in September.

The studio's reputation was irrevocably harmed amid allegations of unfair working practices, despite the critical success of L.A. Noire. Team Bondi's assets and most of the staff - including leader Brendan McNamara - went to KMM, a production company set-up by Mad Max maker George Miller. Rockstar retained the L.A. Noire IP.

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