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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
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
At least one Rhode Island company is trying to find a landing place for laid off 38 Studios workers, as a recruiter from Atrion Networking Corp. of Warwick is at the troubled video game developer talking to former employees about openings at the IT services company. more
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