Rhode Island Vs 38 Studios
Rhode Island using $2.4 million in state funds on 38 Studios investor payment
Rhode Island will make its first payment to today in order to pay back investors behind 38 Studios’ $75 million in guaranteed loans. The interest payment comes to $2.4 million, according to the Providence Journal, this is on top of the $10 million in principal and interest the state had to pay last November. State […]
Rhode Island Vs 38 Studios headlines
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38 Studios: "The state wants answers about what happened"
Rhode Island’s new charwoman of the House Committee on Oversight may issue subpeonas to get to the truth of what happened between the state and shuttered developer 38 Studios.
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38 Studios settlement bill passed by RI House of Representatives
The Rhode Island House of Representatives has voted to pass a bill to expedite out-of-court settlements of its lawsuit against 38 Studios.
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38 Studios out-of-court settlements "clearly worthwhile", says RI Commerce Corp lawyer
Parties affected by the possibility of an out-of-court settlement of the Rhode Island vs 38 Studios suit seem to be coming around to the idea, which would wrap the whole matter up much more expeditiously than at trial.
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Rhode Island General Assembly proposes bill to encourage settlement in 38 Studios lawsuit
The Rhode Island General Assembly introduced a bill on Wednesday, January 8 which would resolve the $75 million debut incurred through a loan given to 38 Studios.
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38 Studios lawsuit depositions started this week with EDC financial loan adviser
Depositions in the 38 Studios lawsuit brought upon the company by the Rhode Island Economic Development Corporation (EDC) stated this week. The first set of questioning started Thursday with an executive at First Southwest, which served as financial adviser to the agency in its $75 million loan to Curt Schilling’s now defunct game studio. Former […]
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Former RIEDC head accuses Rhode Island governor of blocking 38 Studios' attempts to avoid bankruptcy
The former head of the Rhode Island Economic Development Corporation has accused Rhode Island governor Lincoln Chafee of blocking attempts made by 38 Studios to handle debt and raise capital before it file for bankruptcy.
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Rhode Island vs 38 Studios lawsuit given the greenlight
A judge has given the go ahead on a lawsuit accusing Kingdoms of Amalur developer 38 Studios of “fraud, negligence, breach of fiduciary duty, racketeering and conspiracy” as well as misleading Rhode Island’s economic development agency can go ahead.
Rhode Island Vs 38 Studios latest
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Rhode Island using $2.4 million in state funds on 38 Studios investor payment
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38 Studios settlement bill passed by RI House of Representatives
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38 Studios out-of-court settlements “clearly worthwhile”, says RI Commerce Corp lawyer
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Rhode Island General Assembly proposes bill to encourage settlement in 38 Studios lawsuit
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38 Studios lawsuit depositions started this week with EDC financial loan adviser
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Former RIEDC head accuses Rhode Island governor of blocking 38 Studios’ attempts to avoid bankruptcy
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