Updated October 8 at 5:08pm
38 Studios
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As a candidate, Gov. Lincoln D. Chafee’s opposition to the pending $75 million 38 Studios deal was both a pillar of his platform and symbol of his governing philosophy of fundamentals over special deals and big projects. Looking back on four years in office, Chafee’s warnings about 38 Studios proved correct, but that didn’t prevent the company’s collapse from casting a shadow over much of his term. Even if many of his priorities never made it through the legislature, Chafee argues that history will look back favorably on his record, which includes a pension overhaul, budget stability and no scandals. more
(Updated 4:29 p.m.) Several groups met Thursday to call on Gov. Gina M. Raimondo and House Speaker Nicholas A. Mattiello to investigate the 38 Studios deal. They also want greater transparency on the Pawtucket Red Sox relocation proposal. more
The Corporate Market Place Inc., operating under a taxpayer-backed loan program, is struggling to pay off its debt and can’t keep current on its rent. more
The R.I. Commerce Corporation had an operating loss of $13.9 million for fiscal 2015, associated primarily with the legal costs connected with 38 Studios LLC, according to an audit approved by the corporation’s board of directors Wednesday night. more
(Updated 2:27 p.m.) Retired Supreme Court Chief Justice Frank J. Williams has been appointed mediator in the 38 Studios litigation. more
No one, it seems, is willing to take responsibility for advancing plans that ultimately led to $75 million in state loan guarantees for failed 38 Studios LLC, according to depositions included in thousands of Superior Court documents unsealed Thursday. more
Former Gov. Donald L. Carcieri deflected a number of red flags raised by a high-ranking cabinet member about the proposed financing deal subsequently approved for the now-bankrupt video game company 38 Studios LLC founded by former Boston Red Sox pitcher Curt Schilling. more
The R.I. Commerce Corp. has agreed to a $12.5 million proposed settlement with several defendants involved in the pending 38 Studios lawsuit. more
An auction sale for the remaining assets of 38 Studios LLC, the video game company founded by former Boston Red Sox pitcher Curt Schilling, will be held March 25 at the Sheraton Conference Center, 1850 Post Road. more
A proposed financial settlement has been reached in the federal bankruptcy case involving Curt Schilling’s former 38 Studios video game company. more
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