A. Noire</a> developer Team Bondi has gone bankrupt, and is being folded into KMM Studios — the animation outfit currently working on Happy Feet 2. The news follows a series of rumours about the developer's fate. Apparently Depth Analysis, the company Team Bondi formed in order to create L.A. Noire's stunning facial tech, is also in heavy financial trouble.

Questions have been raised about employee conditions within Team Bondi during the development of L.A. Noire.

Rockstar now owns the L.A. Noire brand, so it'll be interesting what happens in the future. The pseudo-publisher hinted earlier in the year that it had no intentions of working with Team Bondi again.