The world's oldest computing gaming company, Atari, has filed for insolvency. The companies have co-ordinated to request filings for Book 6 procedures in France and Chapter 11 protection in the United States. The company has been informed by its main shareholder and sole lender, BlueBay, that no solution has been found to date for the sale of its holdings in the company. It is not in a position to continue to support the Atari, as the two funds invested in the company – The BlueBay Value Recovery (Master) Fund and The BlueBay Multi-Strategy (Master) Fund – which together hold 29% of the shares and voting rights on a non-diluted basis and 64% on a fully diluted basis, are in liquidation.