CURT SCHILLING, founder of 38 Studios LLC and a former Boston Red Sox pitcher, speaks during an interview in New York, U.S., on Monday, Feb. 13, 2012. 38 Studios, formerly Green Monster Games LLC, is an entertainment and intellectual property development company founded by Schilling and named for his jersey number.
PROVIDENCE – 38 Studios LLC is on "standby" as the R.I. Economic Development Corporation deliberates the information from a closed door meeting on the company's financial situation.
The “emergency special meeting” of the EDC’s board of directors started at roughly 8:50 a.m. at the EDC offices at 315 Iron Horse Way , Suite 101, in Providence.
38 Studios founder and former Red Sox pitcher Curt Schilling was in attendance of the closed door meeting, but was not made available to the more than a dozen media personnel for questions.
38 Studios staff members were on "standby" in a separate room at the EDC offices for a better part of the morning while the board of directors deliberated on the company's presentation.
Schilling left EDC offices at 12:40 p.m. “My priority right now is to get back to my [company],” he told reporters.
State officials including Gov. Lincoln D. Chafee and EDC Executive Director Keith W. Stokes have been meeting with 38 Studios officials since the weekend to try to avoid what the governor described as the company’s potential “insolvency.”
Chafee said that his office and the EDC would make whatever information they could public after the meeting.
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.