38 Studios lobbying hearing delayed again
A hearing into potential lobbying violations related to 38 Studios is being continued again, this time at the request of Secretary of State Ralph Mollis' office.
Judge approves first settlement in 38 Studios case
A judge has approved the first settlement made in the lawsuit brought by the state's economic development agency over the $75 million state loan guarantee with 38 Studios, the failed video game company started by former Boston Red Sox pitcher Curt Schilling.
Judge rules 38 Studios depositions may go ahead
The Rhode Island judge hearing the 38 Studios lawsuit has ruled that three defendants must give additional depositions.
Bill prohibiting 38 Studios payment to be heard
Legislation that would prevent Rhode Island from repaying the 38 Studios bonds is being taken up by a House committee, days before lawmakers will vote on repayment as part of the budget bill.
Game in the works at Schilling’s firm doesn’t sell
PROVIDENCE, R.I. — The flagship game under development by Curt Schilling’s defunct video game company failed to sell at auction because no “acceptable” offers were made, and only two pieces of intellectual property went for $320,000, the firm’s court-appointed receiver said Friday. The receiver, Richard Land, said he will continue negotiating with interested parties to [&[...]
Schilling’s 38 Studios video game company headed to auction block
PROVIDENCE, R.I. — The online video game in the works when former Boston Red Sox pitcher Curt Schilling’s company sputtered into bankruptcy last year is heading to the auction block. Heritage Global Partners on Friday began formally marketing the “massively multiplayer online” game and other intellectual property belonging to 38 Studios. Prospective bidders will be […]
EDC lawyer hopes 38 Studios depositions begin soon
PROVIDENCE, R.I. — An attorney representing Rhode Island’s economic development agency in its lawsuit over the collapse of Curt Schilling’s 38 Studios said Friday he hopes depositions in the case begin soon. Economic Development Corp. lawyer Max Wistow said his first notice of deposition went recently to an executive at First Southwest, which served as […]
EDC hired firm to respond to SEC on 38 Studios
PROVIDENCE, R.I. — Rhode Island’s economic development agency hired legal counsel to respond to an inquiry from the federal Securities and Exchange Commission about its $75 million loan guarantee to former Red Sox pitcher Curt Schilling’s failed video game company. Economic Development Corp. spokeswoman Melissa Czerwein said Wednesday the agency retained a law firm to […]
R.I. judge OKs lawsuit against Curt Schilling, others
PROVIDENCE, R.I. — Most of a state agency’s lawsuit against former Red Sox pitcher Curt Schilling and executives at his failed video game company can move forward, a Rhode Island judge ruled Wednesday. Superior Court Judge Michael Silverstein issued a 99-page decision that allows the state Economic Development Corp. to go ahead with its lawsuit […]
R.I. official sought private financing for Schilling’s firm
PROVIDENCE, R.I. — A Rhode Island economic development official discussed private financing for 38 Studios a day after the state’s $75 million loan guarantee was approved for Curt Schilling’s now-defunct video game company, emails released by the state Wednesday show. Michael Saul, a former deputy director at the state’s Economic Development Corp., wrote to a […]
Schilling calls suit political, denies wrongdoing
PROVIDENCE, R.I. — Former Boston Red Sox pitcher Curt Schilling has called a lawsuit brought against him by Rhode Island’s economic development agency “political” and denied wrongdoing in connection with a $75 million loan guarantee the state gave his failed video game company, 38 Studios. The Rhode Island Economic Development Corp. on Thursday sued Schilling, […]
R.I. sues Schilling over 38 Studios loan guarantee
PROVIDENCE, R.I. — Rhode Island’s economic development agency is suing former Red Sox pitcher Curt Schilling and some of its own former officials, saying they committed fraud and other acts that misled the state into approving a $75 million loan guarantee to his failed video game company. The suit was filed Thursday in Rhode Island […]