Acclaim Entertainment, longtime videogame maker, has finally filed banruptcy due to their inablity to find funding. The company has made it known for the last couple of months that they were hurting financially, and the lawsuit from Mary Kate and Ashley Olsen (due to their poor selling games) surely didn't help. The videogame publisher is responsible for franchises such as NBA Jam, All Star Baseball, Turok, Juiced, BMX XXX, and others. Games that have been completed will more than likely find homes with other publishers - however, games like 100 Bullets and The Red Star may have more difficulty since they are unfinished.

Read More | Gamepro
Thanks Doug!