Saturday, January 10, 2009

Gen Con to emerge from Chapter 11

Good news fro gamers. [Link]
Since filing for bankruptcy protection in February of 2008, Gen Con has significantly reduced its expenses and increased its cash position. The company’s cash flow is positive and prospects have never looked better. Under the confirmed plan, Gen Con will pay all of it creditors in full over time and will continue to operate. A three-member Advisory Committee will assist the company and its board, and Peter Adkison will retain ownership. “This is an extremely successful case,” said Shelly Crocker of Crocker Kuno, Gen Con’s bankruptcy attorney, “largely due to the efforts of Ms. Swartout and her team, and the cooperation of the Creditors’ Committee.”

Gen Con Indy 2009 will prove to be one of the best shows yet with thousands of events and hundreds of exhibitors. Gen Con attendees can expect to see all of their favorite programs such as the Costume Contest, Auction, Art Show, Family Fun Pavilion, eGame Arena and much more!
I can't wait to go back.

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