Friday, July 11, 2014





RI agency: Suit against Schilling should go ahead


April 01. 2013 4:36PM
Associated Press

Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) Rhode Island's economic development agency says there is "crushing evidence" that former Boston Red Sox pitcher Curt Schilling and others concealed financial information about his now-defunct video game company and that its suit against them should be allowed to move ahead.


An attorney for the Economic Development Corp. on Monday filed documents in Superior Court responding to last month's request from Schilling and other 38 Studios executives that the suit be dismissed.


The filing says their main argument misconstrues the facts and calls it a "red herring." It says the EDC board that approved a $75 million loan guarantee was not informed about a financing shortfall.


Attorneys for Schilling and others being sued say they repeatedly disclosed the company's financial needs.


38 Studios filed for bankruptcy last summer.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds