38 Studios
16 results total, viewing 11 - 16
An assessment of the 38 Studios LLC moral obligation bond debt service conducted by SJ Advisors concluded that failure to repay the bonds would probably result in a downgrade of Rhode Island’s bond rating to “junk bond” status. more
Former members of the R.I. Economic Development Corporation board, including ex-Gov. Donald L. Carcieri, are among 20 witnesses scheduled to be deposed this summer in the state’s lawsuit against participants in the failed 38 Studios loan, the state’s attorney said Wednesday. more
R.I. Superior Court Judge Michael A. Silverstein has approved the state’s $4.37 million settlement with the law firm Moses Afonso Ryan Ltd., denying objections by a number of other defendants in the 38 Studios lawsuit who challenged the constitutionality of the proposed settlement. more
Two Rhode Island legislators investigating the collapse of former Red Sox pitcher Curt Schilling’s bankrupt video-game company have received poison-pen letters. more
One can only imagine how much time gamers would have spent trying to conquer 38 Studios’ “Project Copernicus” massively multiplayer online video game had it ever been completed. more
Another grueling June debate over whether the state should repay 38 Studios bondholders gave way to something unexpected: good news in the state’s lawsuit against architects of the failed deal. more
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