L.A. Noire developer 
Team Bondi might have created one of the most critically-acclaimed titles of the year, but now it’s a company fighting for its life.
Just three months after releasing its hit game, the Australian-based studio has been placed into administration, a financial condition that’s analogous to Chapter 11 bankruptcy in the United States. The protection gives the company time to attempt to regain solvency and reorganize by selling off assets and likely laying off staff.
Chris Morris: Journalist 