Spanish development studio Tequila Works has filed for insolvency.
The founders of the Madrid-based outfit behind titles including Rime and Gylt have also stepped down, https://www.gamesindustry.biz/rime-developer-tequila-works-files-for-insolvency reports.
The news follows last month’s announcement that Tequila Works was laying off a “small” number of staff following the decision to cancel an unannounced project that had been in development.