Money problems at Catalyst.
March 17th 2010 @ 8:12 am The Industry

Catalyst Game Labs, who currently license the Shadowrun and Battletech IP, and additionally publish Eclipse Phase and CthulhuTech, are having some problems.

The official statement:

The result was that business funds had been co-mingled with the personal funds of one of the owners. We believe the missing funds were the result of bad habits that began alongside the creation of the company, which was initially a small hobby group. Upon further investigation, in which the owner has willingly participated, the owner in question now owes the company a significant balance and is working to help rectify the situation.

This hit RPG.net and Dumpshock last night via this post, which painted a considerably darker picture, and cited the missing funds as totaling $850,000.

It’s not good news either way, but hopefully they stay open and the freelancers get paid.

-James
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