Dropped by Deep Silver, Dead Island 2 studio files for insolvency

Former Dead Island 2 developer Yager Productions GmbH is filing for insolvency less than a month after the German game company parted ways with publisher Deep Silver.

However, since Yager Productions is only a sub-division of Yager Development established for the express purpose of making Dead Island 2, Yager chief Timo Ullmann has stated publicly that declaring it insolvent should not impact the rest of Yager. 

"Insolvency proceedings solely affect Yager Productions. All other parts of Yager Group are independent and remain unaffected," Ullmann stated in a press release, assuring Gamasutra and other outlets that Yager employees affected by the insolvency bid will have their wages "secured for the upcoming months" and that all other Yager Group projects will continue as planned. 

Yager currently has a team working on the free-to-play spaceship dogfighting game Dreadnought that Grey Box expects to publish later this year, as well as another team working on what Ullmann describes as "new gaming concepts."