Thousands of Documents in 38 Studios Case Released
New details about the events surrounding the controversial $75 million loan have emerged.
The Rhode Island Superior Court on Thursday released thousands of documents and deposition transcription excerpts pertaining to the controversial loan agreement that brought former Red Sox pitcher Curt Schilling's video game company 38 Studios (Kingdoms of Amalur: Reckoning) to Rhode Island in 2010.
These documents were previously sealed, but have now been released, and will be viewable to the public through the end of the year. Take a look at them here in this DropBox folder. The page is slammed with traffic at the moment, so you may not be able to view the documents right away, but keep trying.
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GameSpot is currently looking over the documents and will report back with what we find. One document contains the memo that was sent to then-Rhode Island governor Donald Carcieri with some revenue projections for Kingdoms of Amalur: Reckoning and the PC MMO Copernicus. Check it out below.
The Providence Journal reporter Paul Grimaldi also has a great rundown of revelations from the documents.
The collapse began when Schilling was unable to keep up on debt payments to the state of Rhode Island for a $75 million dollar loan to the developer. After that, the government assumed ownership of the company and shut it down. The government then filed a lawsuit against Schilling and other architects of the state's loan to the studio.
At an auction in December 2013, 38 Studios properties Rise of Nations and Rise of Legends were purchased, but Kingdoms of Amalur and Copernicus were not picked up. Subsidiary Big Huge Games, closed amid the 38 Studios bankruptcy, has since been resurrected by co-founder Brian Reynolds.
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