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Playlogic files for Dutch equivalent of bankruptcy

Citing the current economic conditions and late payments from its financial partners, publisher Playlogic has asked for a voluntary delay of payments under Dutch law.

Netherlands-headquartered Playlogic, which published games including Fairytale Fights and Obscure: The Aftermath, is also taking distribution partner Koch Media to court for $1.7 million in unpaid bills.

Playlogic’s Fairytale Fights to be released Fall 2009 on PS3, Xbox 360

Playlogic’s newest game, Fairytale Fights, is a very twisted hack-and-slash platformer that pits you as one of your favorite fairy tale characters whose glory days have long ago passed. You set out on the seemly-innocent task of saving the fairytale world from disaster but instead thrown into many colorful and exciting levels of action packed combat, fairy tale story lines and, of course, blood and chaos. Use the many weapons thrown about the land to slice and dice your way through the hoards of cute little fluffy bunnies and other enemies.