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R.I. Legislators Plan Hearings on 38 Studios Bankruptcy

Submitted by jhartgen@abi.org on

Rhode Island’s legislative leaders plan to hold hearings into what went wrong in the state’s failed $75 million deal with Curt Schilling’s video game company 38 Studios, the Associated Press reported yesterday. The news came one day after a court released tens of thousands of pages of documents in a lawsuit brought by the state’s economic development agency against the former Red Sox pitcher and others who played a part in the 2010 deal. The company declared bankruptcy in 2012. Dozens of people were deposed, but key figures including Schilling were not. Rhode Island House Speaker Nicholas Mattiello and Senate President Teresa Paiva Weed both said that their respective oversight committees would sift through the documents, then hold hearings.