RI Secretary of State Loses in Court Over 38 Studios Lobbying Investigation

December 18, 2014 - GamePolitics Staff

A Rhode Island Superior Court judge has ruled that secretary of state Ralph Mollis must pay attorney's fees and court costs for involving the court in a lobbying investigation related to Curt Schilling's 38 Studios.

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Curt Schilling's Wife Wants Her Computer Back

October 1, 2014 - GamePolitics Staff

The wife of former Red Sox Pitcher and 38 Studios founder Curt Schilling is asking that a family computer auctioned off in an estate sale after the studio went bankrupt be returned, according to a report in the Providence Journal. Shonda Schilling is saying that the computer was auctioned off by accident, but some seem to be disputing that.

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Rhode Island Gubernatorial Candidate Uses 38 Studios Loan Deal to Attack Opponent in New Ad

September 30, 2014 - GamePolitics Staff

Rhode Island Republican gubernatorial nominee Allan Fung released the first TV attack ad of the fall campaign this week taking aim at Democratic rival Gina Raimondo for supporting repayment of the 38 Studios bonds.

The ad describes Raimondo's support for paying back the bonds related to the 38 Studios deal as the taxpayers bailing out "Wall Street investors" who "took a risk and went bust." The ad also claims that Raimondo is "looking out for Wall Street, not Main Street."

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The Fight Rages On In 38 Studios Lobbying Case

September 23, 2014 - GamePolitics Staff

The fight over attorney Michael Corso's part in allegedly lobbying Rhode Island officials is far from over, as highlight by the Providence Journal. Last week, hearing officer Louis DeSimone issued a decision giving attorney Michael Corso seven days to file lobbyist disclosure reports or pay a $2,000 fine.

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RI Secretary of State Loses Democratic Primary for LT. Gov.

September 10, 2014 - GamePolitics Staff

The Providence Journal reports that Cumberland, Rhode Island mayor Daniel J. McKee has won a three-way Democratic primary race for lieutenant governor against the Rhode Island secretary of state A. Ralph Mollis and a State Rep. Frank G. Ferri who represents Warwick. McKee won just over 43 percent of votes, compared with 36 percent for Mollis and about 21 percent for State Rep. Frank G. Ferri. McKee will face Republican primary winner Catherine T.

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RI Judge: General Treasurer Must Give a Deposition in 38 Studios Lawsuit

August 1, 2014 - GamePolitics Staff

A Rhode Island judge ruled on Friday that the state's current General Treasurer, Gina Raimondo, must submit to a deposition in the 38 Studios lawsuit filed by the Rhode Island Economic Development Corporation. The lawsuit is the state's attempt at recouping money from the failed $75 million state loan guarantee given to Curt Schilling's video game company in 2010.

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First Defendant in 38 Studios Lawsuit Settles for $4.4 Million

June 30, 2014 - GamePolitics Staff

The state of Rhode Island has settled with one of the law firms it sued as part of the lawsuit against 38 Studios and other principles for a failed $75 million loan deal. The law firm, Moses Afonso Ryan, has admitted no wrong-doing, but has agreed to pay $4.4 million to the state because it wants to put the matter behind them. The settlement agreement was filed with Superior Court Judge Michael Silverstein on Friday. A hearing on the matter will take place July 7.

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RI GOP Gubernatorial Candidate Urges Lawmaker to Withhold Payment on 38 Studios Debt

June 11, 2014 - GamePolitics Staff

Cranston, Rhode Island Mayor and GOP gubernatorial candidate Allan Fung is urging state lawmakers in Providence to pass two bills to prohibit the state from making payment on the failed 38 Studios investment.

During a State House press conference earlier in the week, Fung said that no payments should be made until there is a "thorough investigation" of the issue, including an allegation by one-time GOP congressional candidate Michael Riley that insider trading occurred.

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Rhode Island State Police Help Secretary of State Investigate Possible 38 Studios Lobbying Violations

May 7, 2014 - GamePolitics Staff

The Rhode Island State Police have joined the Rhode Island Secretary of State’s office in investigating potential lobbying violations by a political insider who represented 38 Studios prior to receiving its $75 million loan guarantee from the state.

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Rhode Island Lawmaker Received Death Threat for Investigating 38 Studios Loan Deal

May 6, 2014 - GamePolitics Staff

Rhode Island State Representative Michael Chippendale (R-Coventry) claims that he has received a death threat against himself and his family for investigating 38 Studios. Chippendale, the secretary for the House Oversight Committee investigating the failed $75 million loan deal for Curt Schilling's 38 Studios, said that he received a threatening letter at his State House office.

"It basically said that I have a beautiful family and I should stop poking around for their sake,” said Chippendale.

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Rhode Island Makes Interest Payment Related to Failed 38 Studios Loan Deal

May 1, 2014 - GamePolitics Staff

Today Rhode Island lawmakers will take money from the general fund to make its first payment to the private investors who purchased the $75 million in high-risk, high-yield bonds that financed retired Red Sox pitcher Curt Schilling’s bankrupt video-game company 38 Studios.

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Rhode Island Lawmaker Urges Curt Schilling to Testify on 38 Studios Loan Deal

April 30, 2014 - GamePolitics Staff

The Rhode Island House Oversight Committee has written a letter to former Red Sox pitcher Curt Schilling asking him to testify before the committee as it continues its review of the $75 million loan deal that lured his video game company to the state. Chairwoman Karen MacBeth (D-Cumberland) told the Daily Journal on Wednesday that her office sent letters out last week to six other individuals she hopes will come before the panel in May.

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Report: Rhode Island Economic Development Agency to Hold Meeting Related to 38 Studios Litigation Next Week

March 27, 2014 - GamePolitics Staff

The Rhode Island Economic Development Agency (formerly the Economic Development Corp.) has scheduled a special meeting about its lawsuit against 38 Studios next Monday, according to the Associated Press.

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RI Speaker of the House Relinquishing Leadership Role After FBI Raids

March 26, 2014 - GamePolitics Staff

While California State Senator Leland Yee (outspoken anti-video game crusader and author of the 2005 California video game law that was inevitability struck down by the U.S. Supreme Court in 2010) is getting a lot of press at the moment for being arrested by the FBI for alleged bribery and corruption, he is not the only state senator connected loosely with the video game industry in trouble this week.

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Rhode Island Hires Analyst to Study The Effects of Defaulting on 38 Studios Bonds

March 20, 2014 - GamePolitics Staff

The Providence Journal reports that the state of Rhode Island has hired Steven J. Johnson of SJ Advisors to study the potential impact of defaulting on the bonds related to the $75 million 38 Studios loan. Rhode Island lawmakers earmarked $50,000 in the current fiscal budget to study the potential financial impact that might occur if the state defaults on the loan guarantee greenlit by the RI Economic Development Corp.

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SOE President Defends Curt Schilling, Calls RI Governor an 'Idiot'

February 11, 2014 - GamePolitics Staff

Sony Online Entertainment president John Smedley offered some harsh words for current Rhode Island governor Lincoln Chafee (I), who he painted as a saboteur in the last days before 38 Studios went bankrupt.

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Curt Schilling Diagnosed With Cancer

February 6, 2014 - GamePolitics Staff

Adding a new complication to the case for the state of Rhode Island in its lawsuit against former Red Sox pitcher and 38 Studios founder Curt Schilling is news today that he has been diagnosed with cancer. Schilling, who is now serving as an on-air sports analyst for ESPN, told the network about his condition today, though he did not go into any detail about what kind of cancer he has.

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Rhode Island Senate Passes 38 Studios Settlement Bill

January 31, 2014 - GamePolitics Staff

It should come as no shock that the Rhode Island Senate today unanimously approved legislation that encourages out-of-court settlements in the 38 Studios lawsuit. The news comes from a syndicated Associated Press report. The bill, which was floated to lawmakers by Governor Lincoln Chafee's office earlier this month and supported by the lead attorney representing the Rhode Island Economic Corp.

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EDC Attorney Urges Rhode Island Lawmakers to Pass 38 Studios Settlement Legislation

January 24, 2014 - GamePolitics Staff

Attorney Max Wistow, the lawyer who is representing the Economic Development Corp. in its lawsuit against 38 Studios executives and others involved in the deal, said yesterday before a Rhode Island Senate committee that money that could be recouped by the state is instead being spent on the ongoing court battle by multiple parties. He also claimed that 11 of the defendants in the case have "insurance policies that pay defense costs out of the policy limits."

"The resources to recover in the lawsuit are every day diminishing," he told Rhode Island lawmakers.

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EDC Attorney: We Have Had Settlement Talks in 38 Studios Lawsuit

January 15, 2014 - GamePolitics Staff

Max Wistow, the attorney representing the Rhode Island Commerce Corp. (formerly known as the Rhode Island Economic Development Corp.) said that he has had settlement talks in the case against 38 Studios. He says that the Rhode Island General Assembly should pass a new bill announced last week that encourages out-of-court resolutions.

"There's been enough discussion to make it clearly worthwhile to have the legislation passed," he said.

Wistow would not discuss who specifically he might have been talking to about a settlement.

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Schilling Attorney Claims New Documents Prove Rhode Island's Lawsuit is 'Baseless'

January 10, 2014 - GamePolitics Staff

The attorney for former Red Sox Pitcher and 38 Studios founder Curt Schilling says that new documents that were previously withheld by the state of Rhode Island prove that the lawsuit against her client are baseless.

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SEC Subpoenas Rhode Island Commerce Corporation for Information on 38 Studios Deal

January 3, 2014 - GamePolitics Staff

The U.S. Securities and Exchange Commission has subpoenaed the Rhode Island Commerce Corporation for information related to the state’s $75-million investment in former Red Sox pitcher Curt Schilling's 38 Studios video-game company, according to a Providence Journal report.

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No One Bids on Proposal to Study 38 Studios Loan Payback Options

December 11, 2013 - GamePolitics Staff

Last summer lawmakers passed a measure to make an initial $2.5-million payment to the investors who purchased the state-backed bonds that financed Schilling’s now-bankrupt video-game company, 38 Studios.

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Rhode Islanders Think State Should Stop Paying 38 Studios Loan Debt

November 20, 2013 - GamePolitics Staff

A new WPRI 12 Eyewitness News poll shows that a majority of Rhode Islanders have no problem defaulting on the bonds used to secure 38 Studios a $75 million loan in 2010. The company founded by Curt Schilling would later default on the loan payments and leave the state with a debt of $90 - $100 million.

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38 Studios Assets Auction Moving to Dec. if Court Gives Approval

November 11, 2013 - GamePolitics Staff

Earlier in the month we reported that the attorney appointed by the Rhode Island courts to sell off the intellectual property owned by 38 Studios planned to delay an auction that was set for later this week. The online auction to sell off the current and future rights to the MMO Project Copernicus, sequel rights to Kingdoms of Amalur: Reckoning, and rights for Big Huge Games franchises including Rise of Nations, Rise of Legends and Catan, as well as game engine technology, was set for Nov. 13 - 14.

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RI Attorney: Demand for 38 Studios IP Greater Than Expected, Auction May Be Delayed

November 6, 2013 - GamePolitics Staff

The attorney in charge of selling off the remaining intellectual property of 38 Studios to recoup money in the hopes of paying down the $100 million debt the state of Rhode Island was left with when Curt Schilling's game studio defaulted on a $75 million loan in 2010 says that he wants to delay the auction scheduled for later this month. Attorney Richard J. Land, who was appointed by a R.I.

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New Rhode Island EDC Head Says 38 Studios Deal Tarnished Agency's Reputation

October 23, 2013 - GamePolitics Staff

The new executive at the top of the Rhode Island Economic Development Corp. (EDC) says that the failed $75 million loan guarantee to Curt Schilling's 38 Studios has hurt the reputation of the agency, but he will do all that he can to restore it and to rebuild confidence in the state's economic recovery efforts.

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Curt Schilling, Former EDC Director Respond to Rhode Island's Lawsuit

October 3, 2013 - GamePolitics Staff

In court documents obtained by GoLocalProv, the former head of Rhode Island's Economic Development Corp. (EDC) accused RI Gov. Lincoln Chafee of forcing 38 Studios into bankruptcy last year by standing in the way of efforts to restructure its debt or raise additional funding. The accusations were part of a court filing responding to the state's lawsuit against Curt Schilling, former executives from the company, former Economic Development Corp.

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38 Studios IP Auction Set for Nov. 14

September 27, 2013 - James Fudge

A listing on the Heritage Global Partners' website reveals that 38 Studios' assets for its two game franchises - the MMO Project Copernicus and the action RPG Kingdoms of Amalur: Reckoning - will be sold at an online auction on November 14. Also on the block are several familiar Big Huge Games properties and game engine technology. The auction begins on the aforementioned date at 9:00 AM EDT and ends on November 15 at 12:00 PM EDT.

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Pre-Trial Arguments Begin in RI Case Against 38 Studios

September 13, 2013 - GamePolitics Staff

The Providence Journal reports that pre-trial wrangling was underway this morning in the lawsuit filed by the state of Rhode Island against 14 defendants related to the $75 million loan guarantee given to Curt Schilling's 38 Studios in 2010.

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PHX Corp@MP you can add me on XBL and Nintendo Network if you want, I go under TrustyGem(Same gamertag as on Steam)12/26/2014 - 2:01pm
CMinerI blame North Korea.12/25/2014 - 11:49pm
MechaTama31For the last few weeks, the GP site fails to load about 2/3 of the times I try.12/25/2014 - 11:13pm
MaskedPixelanteOK, is GP having trouble loading for anyone but me?12/25/2014 - 9:21pm
Matthew Wilsonits a bunch of script kiddies. ddosing is one of the easiest thing to do,and most companies can not stop it sadly.12/25/2014 - 5:05pm
MaskedPixelanteI like Nintendo as much as the next person, they're pretty much the only company putting out the games I want to play, but that was pretty embarassing to have NNID go down due to overuse.12/25/2014 - 4:35pm
MaskedPixelanteSee? It's NOT a repeat of last year's fiasco.12/25/2014 - 4:22pm
PHX CorpLizard squad is responsible for The XBL/PSN shutdown https://www.youtube.com/watch?v=QSpZvsoWvig12/25/2014 - 4:17pm
IanCOh shut up bitching about Nintendo. At least they advised people to downloading updates before the big day. Sony/MS? Not a peep.12/25/2014 - 3:50pm
MaskedPixelanteBoth PSN and Xbox Live are down. Since I'm sure Sony and Microsoft have better online support than Nintendo did last year, this isn't from "everyone logging onto their new devices all at once".12/25/2014 - 3:48pm
prh99John Romero's Christmas present, a custom Icon of Sin sculpture. http://www.pcgamer.com/john-romero-gets-the-icon-of-sin-for-christmas/12/25/2014 - 3:37am
Matthew Wilsonthe interview will be on youtube/xb1/ andriod today.12/24/2014 - 1:05pm
james_fudge1900's?12/24/2014 - 12:56pm
james_fudgeYeah we could go way way back :)12/24/2014 - 12:56pm
E. Zachary KnightCopyright law in general has been broken since at least 1976. Could be even earlier than that.12/24/2014 - 12:24pm
james_fudgeWhat he said :) They want to make it worse than it already is.12/24/2014 - 12:14pm
Papa MidnightDMCA has been broken since 1998. Good luck getitng Congress to do something about it.12/24/2014 - 11:39am
Craig R.At least they owned up to the mistake. But doesn't change the fact that DMCA is thoroughly broken.12/23/2014 - 5:23pm
MaskedPixelanteSpeaking of Dark Souls OMG I'M MAKING ACTUAL PROGRESS WTH IS THIS WHAAAAAAA12/23/2014 - 10:49am
MaskedPixelantehttp://www.neogaf.com/forum/showpost.php?p=144500932&postcount=740 Yup, DSFix was part of an unrelated take down, and is being resolved.12/23/2014 - 8:04am
 

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