It’s unclear whether Team Bondi, the development team behind the stellar L.A. Noire, will continue to exist in its current state. A report from Develop states that Team Bondi’s assets and intellectual properties have been sold to a production studio named Kennedy Miller Mitchell.

In these uninspiring economic times, videogame publishers are weary about bringing new intellectual properties to market. These companies would rather put money into a brand that has already proven to be successful. Ubisoft is major publisher that has admitted to doing this, and now Capcom voiced its intentions as well. Along with no new IPs, Capcom talked about the chances of producing downloadable games for other franchises just as it did with Dead Rising: Case Zero.

Along with a written report, Ubisoft held a conference call with investors today to elaborate on its most recent financial quarter. During these calls, the first half is full of previously prepared statements that are usually not that exciting to listen to. The real meat of these calls comes from the second half when investors start to ask questions.

Respawn Entertainment’s founders Jason West and Vincent Zampella are currently in a fierce legal battle with its former publisher Activision. The pair were fired from Infinity Ward last year and are being accused of conspiring with Electronic Arts to damage the Call of Duty franchise beyond repair. Respawn and EA are now in a partnership together, but at one point, THQ had the opportunity to be Respawn’s publisher.

New details have been released that state that first place will win $175,000 while the second place finisher will walk away with $75,000. Presumably, they will use the funding to complete their game. There is a catch, however, and it is a rather significant one as it’s the same kind of issue that had Infinity Ward developers dropping like flies: Intellectual property rights.

Nintendo has been riding high on Wii’s success but every now and then it has to worry about things like piracy and trademark infringement to protect its position. Currently on its radar is leading Wii-peripheral manufacturer Nyko, which has also benefited from Wii’s success. Nintendo has nary an issue with Nyko cashing in on Wii-mania but it does have issue with the manner that it does so.

The Big N is suing Nyko over its third party Kama Nunchuk. Nintendo has alleged that the Kama Nunchuk bears a striking resemblance to the…