38 Studios
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38 Studios leaves big space to fill
When Blue Cross & Blue Shield of Rhode Island left One Empire Plaza in Providence for its new Capital Center headquarters in 2009, it only took a year for the building’s owner to find a new tenant, Curt Schilling’s 38 Studios LLC. more
Primack: Lessons to learn from 38 Studios
There are four important lessons to learn from Rhode Island’s 38 Studios disaster, according to Fortune Magazine Senior Editor Dan Primack. more
| 6/15/12 | 1 comment
RBS sues Schilling over 38 Studios loan
RBS Citizens has sued former Red Sox pitcher Curt Schilling for $2.4 million to recover the loans made to Schilling’s defunct video game company, 38 Studios LLC, The Boston Globe reported. more
| 6/14/12
Schilling’s 38 Studios declares bankruptcy; investigation begins
PROVIDENCE – Beleaguered video game company 38 Studios LLC last week declared Chapter 7 bankruptcy, as a formal investigation of the company began. more
6/11/12
38 Studios is an unwelcome legacy
There are many things that the Ocean State would like to be known for – Newport’s mansions, stuffies, Waterfire, Trinity Rep. But the odds are long against the supposition that we want to be known as the home and final resting place of 38 Studios LLC. And yet, that seems to be Rhode Island’s fate. more
6/11/12
Moral hazard, 38 Studios and wasteful public spending
A “moral hazard” is defined as a lack of incentive to guard against risk where one is protected from its consequences. more
Guest Column: Ken Block | 6/11/12
Chafee: State eager to aid small-business growth
At a business-community outreach forum on June 5, Gov. Lincoln D. Chafee made it clear that despite the dark cloud of 38 Studios LLC’s implosion hanging over Rhode Island, the state remains ever-ready to help small-business development. more
38 Studios declares bankruptcy as formal investigation begins
(Updated 6:00 p.m.) Former Red Sox pitcher Curt Schilling’s beleaguered video game company 38 Studios LLC has declared bankruptcy as a formal investigation of the company begins. more
| 6/7/12 | 1 comment
EDC role, leadership in doubt
When the R.I. Economic Development Corporation finally emerges from the turmoil surrounding its $75 million loan guarantee to Curt Schilling’s 38 Studios LLC, the quasi-state agency in charge of growing business activity in the state may be unrecognizable. more
RIPEC to examine EDC, as Chafee names 3 to board
The Rhode Island Public Expenditure Council will examine the current structure and operation of the R.I. Economic Development Corporation in light of the recent 38 Studios LLC loan guarantee debacle, Gov. Lincoln D. Chafee announced Thursday. more
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