$210K in 38 Studios Bonds Purchased on Election Day in Rhode Island

November 6, 2014 - GamePolitics Staff

As Democrat Gina Raimondo waited anxiously for the votes to be tallied in Rhode Island’s closely contested race for governor, an unknown individual initiated a trade on 38 Studios bonds, the Providence Journal reports. This year the $75 million loan deal for 38 Studios approved in 2010 by RI lawmakers and back by bonds was a big issue on the campaign trail.

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Rhode Island Attorney General Handily Wins Reelection

November 5, 2014 - GamePolitics Staff

Incumbent Rhode Island Attorney General Peter Kilmartin (D) managed to win with confidence on Tuesday night's election, despite his Republican opponent using his 2010 vote of approval for a $75 million loan for former Red Sox pitcher Curt Schilling's now bankrupt 38 Studios. The former Pawtucket Police Officer who later served in the state legislature and then climbed to the leadership role of House Majority Whip, won Tuesday's contest handily, though the exact vote tally was not available as of this writing.

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Big Huge Games Returns

October 27, 2014 - GamePolitics Staff

With Big Huge Games owner 38 Studios all but a memory, it looks like the original studio founders are bringing it back to life. According to this Game Informer report, the original founders of Big Huge Games - Brian Reynolds and Tim Train - have found a way to bring back the studio from the dead. Epic Games bought the rights to the studio, hired old employees from the company and renamed them Impossible Games.

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Curt Schilling Lobbying Hearing Scheduled For Oct. 31

October 23, 2014 - GamePolitics Staff

According to the Providence Journal, a hearing set up by Rhode Island Secretary of State A. Ralph Mollis hopes to get answers from former Red Sox pitcher and 38 Studios founder Curt Schilling about his lobbying efforts in the state prior to the RI government green lighting a $75 million loan deal for his company.

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38 Bankruptcy Trustee Wants Michael Corso To Give Back Fees

October 17, 2014 - GamePolitics Staff

The lawyer in charge of the 38 Studios' bankruptcy is trying to recoup money from payments made to a lawyer with close ties to the company. Jeoffrey Burtch, the trustee in the federal bankruptcy of the 38 Studios' legal case, wants Providence lawyer Michael Corso to return some of the money that 38 Studios paid him.

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RI Secretary of State Holds Lobbying Violation Hearing for Former 38 Studios Board Member

October 10, 2014 - GamePolitics Staff

Target 12 News out of Providence, Rhode Island is reporting that the Rhode Island Secretary of State's office held its first hearing focusing on the alleged lobbying activities of former 38 Studios board member Thomas Zaccagnino on Thursday. Zaccagnino was not present at the hearing, according to the report.

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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 Superior Court Denies Well Fargo's Stay Request in 38 Studios Case

September 12, 2014 - GamePolitics Staff

According to the Providence Journal, the Rhode Island Superior Court has denied a request by Wells Fargo to stop the progress of the state’s ongoing lawsuit against those involved in the failed 38 Studios loan deal while the Rhode Island Supreme Court weighs whether a 2014 law that allows for streamlining settlements is legal under the state's constitution.

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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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Rhode Island Receives First Settlement Payment in 38 Studios Lawsuit

August 28, 2014 - GamePolitics Staff

Officials for the state of Rhode Island announced this week that its first settlement payment from its ongoing lawsuit with principles involved in the failed 38 Studios $75 million loan deal has been received. According to a Providence Journal report, the state received a $4.37 million check this week from the insurance company representing two of the 14 defendants in the case. After expenses, the state will be able to bank about $3.2 million.

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38 Studios-Related Legal Wrangling Continues in Rhode Island

August 26, 2014 - GamePolitics Staff

The Rhode Island Secretary of State’s office held a hearing this morning in a continuation on the probe into possible lobbying violations by Providence attorney Michael Corso, according to WPRI Target 12 News. Corso represented 38 Studios to state officials without registering as a lobbyist in 2010, according to Secretary of State A. Ralph Mollis.

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Former 38 Studios Developers Create 'Alien' CCG for Upper Deck

August 26, 2014 - GamePolitics Staff

At least one good thing came out of the state of Rhode Island losing $75 million dollars (plus an undetermined amount in related costs including penalties, etc.) from the failed loan deal with Curt Schilling's 38 Studios: the success story of Danny Mandel and Ben Chichoski.

When 38 Studios went bankrupt and left dozens of its employees unemployed and abandoned - including many who relocated to Providence and the surrounding area to work there - employees like Danny Mandel and Ben Chichoski had to find something else to do in order to survive.

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Rhode Island GOP Highlight 38 Studios Debacle at Event

August 7, 2014 - GamePolitics Staff

The Rhode Island Republican Party will host a presentation this evening to inform the general public about the failure of 38 Studios and its potential long-term impact on state finances. The event will be held at the GOP headquarters in Warwick, Rhode Island.

State Representative Michael Chippendale, a member of two congressional oversight committees looking into the 38 Studios deal, will give a slideshow presentation on the issue. That will be followed by an audience Q&A session.

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Roger Williams University Eyeing Former 38 Studios Office for Future Expansion

August 4, 2014 - GamePolitics Staff

Providence, Rhode Island-based Roger Williams University is eyeing the former offices of 38 Studios as a future home, according to a report in the Providence Journal.

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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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More Delays in 38 Studios Lobbying Hearings

July 30, 2014 - GamePolitics Staff

The Providence Journal reports that a hearing looking into 38 Studios' lobbying activities prior to securing the now-infamous $75 million loan from the state of Rhode Island, has been delayed to late-August.

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RI Judge Approves First Settlement in 38 Studios Lawsuit

July 24, 2014 - GamePolitics Staff

A Rhode Island judge has approved the first settlement in the lawsuit brought by the state’s economic development corp. against individuals and companies involved in brokering a $75 million bond to fund former Red Sox pitcher Curt Schilling's 38 Studios.

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RI Politician Backs Online Petition Pushing for Independent 38 Studios Investigation

July 23, 2014 - GamePolitics Staff

Rhode Island lieutenant governor candidate Dan McKee (D) has vowed to launch an online petition later this week calling for an independent counsel to review at "arm's length" the failed 38 Studios deal.

The current Cumberland, Rhode Island mayor says this particular effort is an attempt to pressure elected officials to do more to get answers. McKee has been highly critical of current elected officials over their handling of the 38 Studios deal and subsequent investigations into it.

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Hearing on 38 Studios Lobbying Activities Pushed to August

July 18, 2014 - GamePolitics Staff

A hearing related to the failed $75 million loan deal for former Red Sox pitcher Curt Schilling's video game company 38 Studios that was supposed to take place yesterday (July 17) has been rescheduled for early August. Some of the key players in the deal were asked to attend, including Curt Schilling, Michael Corso - who represented the company as its legal counsel - and Thomas Zaccagnino, one of the company’s board members.

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Judge Hears Arguments in 38 Studios Settlement Case

July 8, 2014 - GamePolitics Staff

Rhode Island Superior Court judge Michael A. Silverstein listened to arguments today on a proposed settlement by two of the defendants in the state’s lawsuit against 14 individuals involved in the failed 38 Studios loan deal. The judge did not issue a ruling on the matter.

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Former RI EDC Employees Say 38 Studios Settlement Law is 'Unconstitutional'

July 7, 2014 - GamePolitics Staff

Two former employees of the R.I. Economic Development Corporation on Monday formally objected to a proposed settlement in the long-running 38 Studios civil case, noting that a law passed by the legislature in the beginning of the year that made making individual settlements easier is unconstitutional under Rhode Island's state constitution.

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RI Lieutenant Gov. Candidate Asks Secretary of State to Step Away from 38 Studios Investigation

July 2, 2014 - GamePolitics Staff

Cumberland, Rhode Island Mayor Dan McKee showed a flair for the dramatic this week when he brought a letter to the race for lieutenant governor, according to the Providence Journal. Mollis showed up at the State House to personally hand-deliver a letter to his democratic primary opponent, current Secretary of State A. Ralph Mollis.

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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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Hearing on 38 Studios Lobbying Efforts Set for Next Week

June 25, 2014 - GamePolitics Staff

Rhode Island Secretary of State Ralph Mollis has sent letters to individuals involved in the 38 Studios deal to retroactively register as lobbyists and appear before a July 1 hearing. The hearing will determine if those who lobbied on behalf of 38 Studios to get a $75 million loan violated state law when they failed to register with the Secretary of State's office back in 2010.

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RI AG Candidate Calls On Current AG To Recuse Himself From 38 Studios Investigation

June 24, 2014 - GamePolitics Staff

You can probably chalk this up to "positioning in a political year against a tough opponent," but Republican attorney general candidate Dawson Hodgson says it is time for the incumbent Rhode Island Attorney General Peter Kilmartin to admit that he may be a "potential witness" in the state police’s 38 Studios investigation that he needs to "stand aside" because "the appearance of a conflict of interest … is just too strong."

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RI State Police Want to Interview Lawmakers Who Voted for 38 Studios Loan Deal

June 19, 2014 - GamePolitics Staff

Rhode Island state police have indicated that they plan to interview lawmakers who voted on the job creation program that ultimately led to Curt Schilling's now-bankrupt company receiving a $75 million state-backed loan, according to a Boston Herald report.

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Despite a Contentious Debate, Rhode Island House Passes 2014-2015 Budget

June 13, 2014 - GamePolitics Staff

The Rhode Island House passed the $8.7-billion budget early Friday morning after a lengthy and contentious floor debate. The majority of arguments were about allocating a little over $12 million to make a payment on the bonds that funded the $75 million loan to now bankrupt developer 38 Studios. Despite the lengthy debate that kept lawmakers in the chamber after midnight, the budget passed by a vote of 63-12. The budget bill will now go to the Senate for what is expected to be quick approval.

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Rhode Island Expected to Vote on Budget Today

June 12, 2014 - GamePolitics Staff

The Rhode Island House is close to voting on an $8.7 billion budget plan that cuts corporate and estate tax, gets rid of the toll on the Sakonnet Bridge (a four-lane bridge spanning the Sakonnet River in eastern Rhode Island), and allocates millions to make the next payment on the 38 Studios bond debt.

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ZippyDSMleehttp://www.vgcats.com/comics/?strip_id=35311/24/2014 - 9:46am
WonderkarpDay 4 of my Amiibos. Still Unopened. Now pegged too a wall. I just love the packaging too much11/24/2014 - 8:12am
PHX Corp@Jessy I actually saw it on gamespot, seems that Nintendo accidently turned Samus into a Badass11/23/2014 - 9:28pm
Jessy HartAnybody else see the Samus Amiibo with 2 arm canons?11/23/2014 - 9:10pm
Andrew EisenNeo - If you're not bleeding then it's probably not you who needs to go to the doctor.11/23/2014 - 5:45pm
Wonderkarpgood. that kind of behavior is unnecessary.11/23/2014 - 5:44pm
WonderkarpGeorgina Young - Are Video Games Sexist? https://www.youtube.com/watch?v=rX9LV4GuG9E11/23/2014 - 5:43pm
ZippyDSMleehttp://deadspin.com/starcraft-player-says-hell-rape-opponent-is-booted-f-1662346891/+Fahey11/23/2014 - 5:40pm
Wonderkarphttps://www.youtube.com/watch?v=O4a9tMGSTG411/23/2014 - 5:32pm
WonderkarpDan Vavra of Warhorse Studios at the Nordic eCommerce Summit 2014 on Game Journalism and why ethics are important11/23/2014 - 5:27pm
WonderkarpGame Dev Ashley Ross on the Block/Blacklist https://www.reddit.com/r/KotakuInAction/comments/2n603f/thoughts_on_the_recent_igdaggautoblocker_incident/11/23/2014 - 5:25pm
Wonderkarpwhich is interesting cause this the first one 100% made by 2k games after the THQ buy11/23/2014 - 4:17pm
Wonderkarpbleh. the more I play WWE 2k15 on PS4, the more I get disappointed.11/23/2014 - 4:09pm
Neo_DrKefkaIt happened around 1030 this morning. I was not blooding because blood was on my hands11/23/2014 - 3:50pm
Andrew EisenThat depends on a lot. Were you bleeding at the time you requested to leave or did you want to leave work to go to the doctor over an incident that happened on a different day that you didn't file an incident report for?11/23/2014 - 3:21pm
Neo_DrKefkaThat would be a major OSHA violation correct?11/23/2014 - 1:54pm
Neo_DrKefkaOff topic but I was at work and went over to the first aid kit to get some eye drops. I look at my hand and noticed blood on my hands. My employers said their is no incident report and they won't send me to see a doctor and that I am abandoning my job.11/23/2014 - 1:54pm
MaskedPixelanteThe more I hear about AC Unity being rushed out, the more I think Ubisoft was telling the truth about why they couldn't add female co-op models.11/23/2014 - 1:14pm
IanCI wouldnt say the 360/PS3 version were superior. They were different games.11/23/2014 - 11:49am
MechaTama31It's hard to rank my top 5 against eachother, but they would include Ghostbusters, Back to the Future (all of it), Monty Python and the Holy Grail, The Shawshank Redemption, and The Princess Bride.11/23/2014 - 11:09am
 

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