The majority of CPM's catalog consisted of 80s and 90s productions, with really only a few notable newer ones from the 21st century. This was no doubt a contributing factor as to why they couldn't simply sell many of them off to other companies to prop them up for quick cash; such older productions are effectively worthless in the modern-day marketplace.
This of course was why I always liked CPM - warts and all, because a few of the many, many OVAs they released were indeed quite cheesy. Still, this does now leave quite a few notable older productions without an R1 home, very possibly indefinitely, such as Patlabor OVA and TV, Beautiful Dreamer, Project A-Ko, Votoms, and yes even Urotsukidoji.
We've all known CPM was pretty much dead since May 2006 anyway, but having it finally confirmed in print doesn't make the blow feel any better.