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