Gamasutra reports that Bionic Commando, Terminator Salvation and Wanted developer GRIN could soon be commencing some kind of closing or bankruptcy procedure.

According to a Swedish-language report from IDG in June, the developer has already closed its Barcelona and Gothenburg offices and sources indicate that the Stockholm office could follow very soon.

Sources have indicated to Gamasutra that employees have been told not to show up for work, with the company thought to be close to bankruptcy.