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http://www.gamespot.com/news/thq-files-for-bankruptcy-6401772

As per the rumours, THQ is going down - they are not selling Relic, the developer of the Dawn of War series, as I heard Relic is an outside asset they do not plan on liquidating yet.

However, with SEGA recently acquiring the Fantasy licence, maybe it's possible that Relic/THQ loses their W40K licence and someone else gets to make new videogames?

Personally, I think that it could be a good move, as there is a significant lack of W40K videogames.

http://www.giantbomb.com/news/thq-simultaneously-files-chapter-11-bankruptcy-secures-buyer-for-companys-assets-updated/4477/

Sounds like not much will change so I wouldn't be worried about DoW,

 Gargantuan wrote:
http://www.giantbomb.com/news/thq-simultaneously-files-chapter-11-bankruptcy-secures-buyer-for-companys-assets-updated/4477/

Sounds like not much will change so I wouldn't be worried about DoW,

So in layman's terms, nothing's going to change with that chosen owner?

I have little knowledge about this but wouldnt relic be fine? Would they just be owned by someone else?

 unmercifulconker wrote:
I have little knowledge about this but wouldnt relic be fine? Would they just be owned by someone else?

I would guess so, but recently, because of THQ's troubles, Relic's games were also in trouble / the development cycle slowed down. Think what happened to Dark Millenium Online - Vigil Games is also supposedly independent, but things aren't looking well for them.

Hopefully this article makes things a bit clearer.

http://www.mcvuk.com/news/read/bankruptcy-for-thq-as-it-looks-to-sell/0108467

In short Bankruptcy is used as a vehicle to continue trading, without bad debts. The new owner holds all the assets.