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Creditors Seek Answers in Bankruptcy Hearing for Curt Schillings Video Game Company

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A bankruptcy trustee and creditors grilled representatives of former Red Sox pitcher Curt Schilling's failed Rhode Island video game company at a court hearing yesterday, the Boston Globe reported today. The hearing was the first opportunity for creditors to question 38 Studios LLC executives about its financial affairs since the firm filed for chapter 7 bankruptcy last month, the first step toward the company’s eventual liquidation. Most creditors, including hundreds of workers owed back pay, are expected to receive nothing through the bankruptcy proceedings. The company estimated it owed creditors more than $150 million and had less than $22 million in assets, almost all of which are expected to go to the state of Rhode Island.