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Pitcher's failed video game company costly for Rhode Island
Gov. Lincoln Chafee said a rating agency's move to review Rhode Island's credit rating shows there will be consequences if the state refuses to pay back bonds issued for a $75 million loan guarantee granted to the now-failed video game company of former Red Sox pitcher Curt Schilling.
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Gov's office: options on 38 Studios bonds explored
Gov. Lincoln Chafee's office says it has investigated whether Rhode Island could refinance or reduce debt it owes for its failed investment in Curt Schilling's video game company.
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The two top former executives at Rhode Island's economic development agency want immunity from liability over its failed $75 million investment in Curt Schilling's video game company because they were public officials who were doing their jobs and following orders, their lawyers said Tuesday.
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Schilling lawyer argues for tossing lawsuit
In this May 21, 2012 file photo, former Boston Red Sox pitcher Curt Schilling is followed by members of the media as he departs the Rhode Island Economic Development Corporation headquarters in Providence, R.I. A lawyer for Schilling and executives of his now-bankrupt video game company argued Wednesday, May 22, 2013 in Superior Court in Providence ... (more)
Schilling lawyer to argue for tossing lawsuit
Lawyers for Curt Schilling and architects of a state deal to give his now-bankrupt video game company a $75 million loan guarantee are set to argue for the dismissal of a lawsuit filed against them by Rhode Island's economic development agency.