Press Release: "Richard J. Land, the Court-Appointed Receiver for the assets 38 Studios, LLC. and its affiliated entities. announced today the results of the December 10, 2013, auction of the assets of 38 Studios.

Over twenty interested parties signed Confidentiality Agreements and conducted their due diligence of the assets. Five parties actively participated in the auction conference call and as a result of competitive bidding, two lots were sold: a lot consisting of the Rise of Nations and Rise of Legends games and associated intellectual property, and a lot consisting of the trademark For Big Huge Games.

The gross proceeds of these sales totaled $320,000.00. The Receiver did not receive acceptable offers for the remaining lots, including Project Copernicus, 38 Studios' in development Massively Multiplayer Online Role Playing Game, and Helios, 38 Studios' integrated social media and gaming platform.

The Receiver intends to continue to engage in negotiations with interested parties to sell the remaining assets."

Source: http://www.joystiq.com/2013/12/13/big-huge-games-assets-fetch-320k-in-38-studios-auction/