Sunday, August 31, 2014
Case Againts 38 Studio Begins.

Case Againts 38 Studio Begins.

Former Red Sox pitcher Curt Schilling and 13 others appeared in court today to try and dismiss the case brought against them by the state of Rhode Island. The state sued Schillings company 38 Studios last year after the company defaulted on a $75 million loan provided by the state.

Rhode Island claims that Schilling and his people knew that the company would fail and hid financial information from the  agency’s board. The Providence Journal states that, EDC lawyer Max Wistow has an “avalanche” of evidence to back the states claim.

Curt Schilling’s studio declared bankruptcy last year after multiple missed payments on the loan and huge layoffs.

Source:  Providence Journal

About Cris Jensen

I'm a guest blogger on Game Thirst and also write regularly on my own blog As you can see I enjoy video games and all other things geeky. And of course sunshine.