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A Dec. 10 auction of 38 Studios’ intellectual property assets grossed $320,000, but no “acceptable offers” were made for the 38 Studios video game under development when the company declared bankruptcy, codenamed “Copernicus,” according to a statement from 38 Studios receiver Richard J. Land. more
Citing “strong response from worldwide gaming developers and investors,” Heritage Global Partners announced Wednesday that the auction of 38 Studios’ intellectual property assets originally scheduled for Nov. 13-14 has been postponed until Dec. 11. more
An auction of the rights to the 38 Studios video game under development when the company declared bankruptcy, codenamed “Project Copernicus,” has been scheduled for mid-November. more
A superior court judge Wednesday allowed the bulk of Rhode Island’s lawsuit against the architects of the 38 Studios LLC loan deal to proceed, dismissing only a few portions of the complaint. more
A report released Tuesday by the American Legislative Exchange Council highlights Rhode Island and three other states as models of effective pension reform. more
Former Red Sox pitcher and 38 Studios owner Curt Schilling had a heart attack as the video game company struggled, Schilling told The Boston Globe Sunday. more
Emails from the former head of the R.I. Economic Development Corporation appear to show that without a deal with 38 Studios LLC on the horizon, the General Assembly likely would not have created a multimillion-dollar loan guarantee program, WPRI reported. more
A Rhode Island House committee will open hearings Wednesday afternoon into the state’s $75 million loan guarantee to 38 Studios, WPRO reported. more
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