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Nacon Seeks Judicial Reorganisation After Declaring Cessation of Payments

The move follows parent Bigben Interactive's missed €43 million loan payment that triggered conciliation.

Overview

  • Nacon said its available assets are insufficient to meet due liabilities and filed for court‑supervised reorganisation.
  • A decision by the Tribunal de commerce de Lille on opening the procedure is expected in early March.
  • The company says the process would allow continued operations, protection of employees, and debt renegotiation.
  • Bigben Interactive failed to repay a roughly €43 million loan installment due February 19 and has entered an amicable conciliation with creditors.
  • Trading in Nacon and Bigben shares has been suspended since February 20 pending the court outcome, as Nacon oversees 16 studios and more than a thousand staff based in Lesquin.