Following
the closure of Flagship Studios, the fate of their two intellectual properties,
Mythos and
Hellgate: London, seemed cloudy at best. Immediately after Flagship let go of nearly all of their staff,
HanbitSoft (a large investor in Flagship) claimed to have possession of the two titles. Shortly thereafter, Flagship exec Bill Roper announced that his company still clung to life,
as well as to all their technology and IPs, much to HanbitSoft's chagrin. Two weeks ago,
Namco-Bandai reportedly picked up Hellgate, though the game's page on Namco's site mysteriously vanished a week later.
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Source: Joystiq