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Schilling Asks Judge For Dismissal Of $75 Million Lawsuit

Clearly, former Red Sox pitcher and currently embattled video game executive Curt Schilling just wants the mess to end.

According to a new Associated Press report, the 38 Studios founder has asked a Rhode Island judge to dismiss the lawsuit filed against him and other executives of the now-bankrupt development team.

The Rhode Island Economic Development Corp. (RIEDC) leveled the lawsuit towards the end of last year, alleging that 38 Studios misled the agency and committed fraud, racketeering and conspiracy. Apparently, as cited in various court documents, Schilling responded by calling these accusations "implausible." The state is seeking to retrieve the $75 million it loaned 38 Studios back in 2010, which brought the studio from Massachusetts to Rhode Island. 38 Studios filed for bankruptcy last summer and now owes the state over $100 million if one considers the ever-mounting interest.

Now, Schilling is seeking a dismissal of the suit on the grounds that his company did indeed disclose their financial needs to the appropriate state officials. He also says there is no evidence that 38 Studios purposely made false statements to the RIEDC. However, given other evidence from reputable sources, it does seem that "mismanagement" is a drastic understatement for describing the business practices of 38 Studios.

Tags: curt schilling, 38 studios, riedc, 38 studios bankrupt

3/4/2013 9:09:56 PM Ben Dutka

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Comments (13 posts)

WorldEndsWithMe
Monday, March 04, 2013 @ 10:25:47 PM
Reply

It's a shame, Amalur has it's charm. I think there was some wasteful spending, but I'm guessing the state is just pissed that they loaned that money and it didn't work out. Well thems the breaks suckers! Let Curt alone, he's already going to have to work as a Wal-mart greeter to survive.

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JROD0823
Tuesday, March 05, 2013 @ 2:30:23 AM

If you find out which Wal-Mart he gets hired at, let me know.

I want to kick him in the balls for ruining any chances of there being a sequel to Amalur anytime soon, if ever.

I also respectfully disagree with the whole let Curt alone bit.

His poor oversight of 38 Studios caused a lot of people to not only be put out of work, but to get stuck with TWO mortgages, while Curt got all of his money back, ran for the hills, and never looked back at the disaster he left behind.

That a-hole needs to be nailed to the wall and left there to rot.
Last edited by JROD0823 on 3/5/2013 2:31:04 AM

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WorldEndsWithMe
Tuesday, March 05, 2013 @ 8:26:36 AM

Last I heard he was flat broke.

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Underdog15
Tuesday, March 05, 2013 @ 9:30:43 AM

He's flat broke. They even took his bloody sock.

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Ben Dutka PSXE [Administrator]
Tuesday, March 05, 2013 @ 11:01:38 AM

He'll be fine; he's got an analyst job at ESPN and baseball season is right around the corner.

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WorldEndsWithMe
Tuesday, March 05, 2013 @ 5:09:09 PM

That's capitalism bitches, you can't sue because you made a bad investment.

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Kryten1029a
Tuesday, March 05, 2013 @ 11:57:35 PM

JROD0823,
The entire point of the game was to establish the universe and drum up interest in the MMO-codenamed Copernicus-that they were making. There probably wouldn't have been a single-player sequel. Great game, though!

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ethird1
Tuesday, March 05, 2013 @ 3:37:30 AM
Reply

Kingdom of Amalur was one of the greatest games I have ever played. It was a mmo single player game. It was freaking huge and one of the most beautiful games ever. It was also a great action game.

I know this, the game still sells for over 30 bucks at Gamestop. Im betting it will be a collectors item one day.

End of Line.

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Coffeya
Tuesday, March 05, 2013 @ 4:08:53 AM
Reply

"$100 million if one considers the ever-mounting interest."

blah, interest is such a pain in the ass =/

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Zen_Zarab
Tuesday, March 05, 2013 @ 4:36:53 AM
Reply

Just Bought KoA yesterday. Hope to finally get a chance to sit down and play the thing. Still sucks what happened to 38 tho. :(

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berserk
Tuesday, March 05, 2013 @ 11:34:31 AM

Ya it does , had big hopes for that company .

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Kryten1029a
Tuesday, March 05, 2013 @ 11:51:23 PM
Reply

This is why governments shouldn't involve themselves with business loans. Tax incentives are one thing, but a loan that might never be paid back is just asking for trouble. The creditors the state borrows the money from will be paid but the taxpayers are the ones who suffer.

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PSN French
Thursday, March 07, 2013 @ 4:37:25 PM

Agreed, I think the public officials that allowed the transaction should be fired.

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