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Neverland Company, the studio behind the Rune Factory series, has halted operations and is filing for bankruptcy in Tokyo district court. A subsidiary of Marvelous AQL, Neverland issued the announcement on its home page, citing excessive loan repayments and an inability to raise sufficient funds.

While MAQL retains control of the IP, the status of the series was not addressed in the press release.

Source: Gematsu