This was a studio comprised of many of the BULLY developers, so it is quite sad to see them go. Their status of continued relegation to helping other AAA games ship must not have helped them land enough new work to recover from flopping on ModNation Racers, Burlap Sack Boy Karts, and the PC MMO version of Sleepeh Dawgs.
I'm trying to be glib, but I was half-hoping that if I ever got back into development, it would be with UFG.
rip. sleeping dogs will go lie alongside classics such as true crime, simpsons hit & run, and toy story 3
Those are truly unappreciated games, though Toy Story 3 got Avalanche the Disney Infinity gig, for better or worse. I can't imagine the major players in that studio are having a hard time finding work, or even rebuilding as a "new" team.