Law
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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. more
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. more
After serving 44 years as the first and only bankruptcy judge in the state, U.S. District Judge Arthur Votolato celebrated his retirement among friends on Tuesday. more
Rhode Island had the fifth-highest Mortgage Fraud Index rating in 2011 for fraud investigations, according to LexisNexis’ 14th Annual Mortgage Fraud Report. more
In a reversal of public statements made in the wake of the revelations of its financial difficulties, executives of 38 Studios LLC told U.S. Bankruptcy Court in Delaware that its its first product, the video game “Kingdoms of Amalur: Reckoning,” did not meet its sales expectations. more
Michael R. McElroy has been elected as the president of the Rhode Island Bar Association for the organization’s 2012-2013 year. more
National Grid has issued a warning to New England customers of a new utility bill scam that fraudulently claims the federal government will pay customers’ bills through a new program. more
GlaxoSmithKline, as part of a deal with the federal government to pay $3 billion to settle civil and criminal charges that the pharmaceutical firm fraudulently marketed and priced drugs it manufactures, has agreed to pay Rhode Island $4.6 million. more
The U.S. Supreme Court issued its much-anticipated ruling this morning on the Patient Protection and Affordable Care Act, upholding the law, saying in a 5-4 decision that the law, with its mandate requiring health insurance coverage, was constitutional. more
The R.I. Economic Development Corporation has hired Providence law firm Wistow & Barylick to pursue legal action against “third parties” connected with the 38 Studios LLC loan guarantee, Gov. Lincoln D. Chafee announced Tuesday. more
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