38 Studios
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Former 38 Studios CEO to run Ovuline business development
Jen MacLean, the former CEO of now-defunct 38 Studios LLC, has been tapped as the head of business development for Cambridge, Mass.-based startup Ovuline, reported Boston.com more
| 1/25/13
Schilling seeks lawsuit dismissal
Former Red Sox pitcher Curt Schilling has filed court documents asking R.I. Superior Court Judge Michael Silverstein to throw out the state of Rhode Island’s lawsuit against him and others at now-defunct videogame company 38 Studios LLC, reported The Boston Globe. more
| 3/5/13
State must learn from 38 Studios’ fall
“It looks like the EDC got it right this time.” more
5/28/12
Guarantee program on new course
The $1.5 million loan Rhode Island guaranteed for NuLabel Technologies Inc. of Providence last August bears little resemblance to the $75 million taxpayer-backed financing package delivered out of the same program to Curt Schilling’s 38 Studios LLC a year earlier. more
38 Studios back in default
Gov. Lincoln D. Chafee said Friday afternoon that 38 Studios LLC was back in default on its $75 million loan guarantee deal with the state for violating labor laws governing mass layoffs. more
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
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 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
Monitoring upgrades at EDC shelved
Just as the collapse of 38 Studios LLC illustrated the importance of keeping close tabs on taxpayer-backed loans, the bankruptcy also marked the demise of a two-year effort to improve how all R.I. Economic Development Corporation investments are monitored and analyzed. more
RIPEC: Bring EDC under state control
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. more
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