The lights are on
In new documents filed as part of the state of Rhode Island's
lawsuit against 38 Studios executives, including baseball great Curt Schilling,
the state's attorney claims that there is "crushing evidence" that 38 Studios
intentionally misled the state.
The suit is over a $75 million business development loan
made to 38 Studios by the state of Rhode Island, which was backed with taxpayer
money. After 38's Kingdoms of Amalur: The Reckoning failed to recoup its
investment, the studio quickly fell into disarray and bankruptcy.
Now, Rhode Island Economic Development Corp. lawyer Max
Winstow said that 38 Studios executives knew "before they moved here" that the
studio did not have enough money to finish its projects, including an ambitious
MMORPG set in the Kingdoms of Amalur world.
According to Gamespot, the state is suing former 38
executives for "17
counts of alleged wrongdoing against 38 Studios. These include counts of fraud,
unjust enrichment, civil conspiracy, breach of implied covenant of good faith
and fair dealing, negligence, legal malpractice, negligent misrepresentation,
fraudulent misrepresentations and omissions, and breach of fiduciary duty."
Providence Journal via Gamespot
Email the author Matt Helgeson, or follow on Twitter, and Game Informer.
This is such an ugly predicament, and I immediately sighed when I read the title.
This either needs to be explained in full (because I'm confused), or killed. It's gone too far along.
Oh really? And I thought this stuff was all old news.
Way to go curt > :p
Stop showing me that photo, GI, GI WAT R U DOING, STAHP!
I'm WINSTON in PAYNE right now.
For a successful baseball great that became a millionaire and made a very good RPG game with his money and a good dev team, this guy has some pretty bad luck not counting all that.
After the Aliens: Colonial Marines fiasco, it's starting to sound like "misleading" and dishonesty are highly sought after skills in this industry.