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The public auction of property from 38 Studios LLC's former headquarters at One Empire Plaza, which included items ranging from computers to a 5-foot battle hammer, grossed roughly $650,000, according to the R.I. Economic Development Corporation.
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By PBN Staff
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(Updated, 11 a.m.) Computers, chairs, a 5-foot battle hammer and everything else a $75 million state loan guarantee can buy is available today at 38 Studios’ Rhode Island bankruptcy auction.
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By Patrick Anderson |
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Bargain hunters spent $180,000 scooping up office furnishings and video-game equipment formerly belonging to 38 Studios LLC at the company’s Maryland bankruptcy auction last week, the court-appointed receiver in the case announced Thursday.
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By Patrick Anderson |
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Assets from 38 Studios LLC’s Big Huge Games are being auctioned off today as part of the company’s bankruptcy.
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By PBN Staff
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The R.I. Economic Development Corporation, plagued by inefficiency and lack of direction, should be brought under direct control of the governor’s office and a new state commerce agency, the Rhode Island Public Expenditure Council recommended in a report on the quasi-state agency released Tuesday.
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By Patrick Anderson |
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Former R.I. Economic Development Corporation Executive Director Keith W. Stokes has joined The Mayforth Group, the Providence-based consulting firm announced Wednesday.
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By PBN Staff
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A three-member “litigation subcommittee” was created by the R.I. Economic Development Corporation Board of Directors Monday night to oversee legal efforts to recover taxpayer funds lost from the failure of 38 Studios LLC.
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By Patrick Anderson |
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The R.I. Economic Development Corporation has guaranteed a $1 million loan to eNow Inc., an expanding Providence company that makes solar power systems for trucks.
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By Patrick Anderson |
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Richard J. Land, an attorney with Chase Ruttenberg & Freedman LLP, has been appointed state receiver in the 38 Studios LLC bankruptcy case, Gov. Lincoln D. Chafee announced Thursday.
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By Patrick Anderson |
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The R.I. Economic Development Corporation and Bank of New York Mellon Trust Co. won court approval to take possession of assets of 38 Studios LLC, the bankrupt video-game maker founded by former Boston Red Sox pitcher Curt Schilling.
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By Michael Bathon |