Updated July 28 at 9:39pm
38 Studios
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As a candidate, Gov. Lincoln D. Chafee’s opposition to the pending $75 million 38 Studios deal was both a pillar of his platform and symbol of his governing philosophy of fundamentals over special deals and big projects. Looking back on four years in office, Chafee’s warnings about 38 Studios proved correct, but that didn’t prevent the company’s collapse from casting a shadow over much of his term. Even if many of his priorities never made it through the legislature, Chafee argues that history will look back favorably on his record, which includes a pension overhaul, budget stability and no scandals. more
(Updated, 8:28 p.m.) Roger Williams University has chosen the former home of 38 Studios LLC as the new location for its downtown Providence campus, the school announced Monday. more
The Corporate Market Place Inc., operating under a taxpayer-backed loan program, is struggling to pay off its debt and can’t keep current on its rent. more
(Updated 2:27 p.m.) Retired Supreme Court Chief Justice Frank J. Williams has been appointed mediator in the 38 Studios litigation. more
Moody’s Investors Service upgraded Rhode Island’s credit outlook from negative to stable while maintaining an Aa2 bond rating, the agency announced Monday. more
An auction sale for the remaining assets of 38 Studios LLC, the video game company founded by former Boston Red Sox pitcher Curt Schilling, will be held March 25 at the Sheraton Conference Center, 1850 Post Road. more
A proposed financial settlement has been reached in the federal bankruptcy case involving Curt Schilling’s former 38 Studios video game company. more