In the midst of financial trouble, Planet Moon Studios says that it is seeking legal action against several undisclosed companies described as "funders." The company also announced early Tuesday that MMO developer Bigpoint had hired a whopping 37 employees.

"[I]In December, 2010, Planet Moon was proceeding in earnest on an important project and we were delivering our usual high quality product[/I]," Planet Moon CEO Aaron Loeb tells Gamasutra. "T[I]o Planet Moon's surprise, the project went into financial default during the holidays.[/I]"

"[I]The addition of talented staff from Planet Moon to our team, specifically their experience across many platforms, will bolster our efforts as we continue to expand our business and portfolio of online titles to gamers here and around the world[/I]," Bigpoint CEO Heiko Hubertz tells GI.biz. [URL=http://www.gamepolitics.com/2011/01/12/planet-moon-sues-funders-unannounced-title][B][COLOR=#8e0505]Read More[/COLOR][/B][/URL]

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