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EDC seeks to recoup 38 Studios money
State backed $75M loan for Schilling's gaming comp
Updated: Monday, 27 Aug 2012, 11:26 AM EDT
Published : Monday, 27 Aug 2012, 8:10 AM EDT
PROVIDENCE, R.I. (WPRI) - The Rhode Island Economic Development Corporation is moving closer to legal action.
The EDC plans to discuss a "litigation subcommittee", related to 38 Studios, at its meeting Monday afternoon.
The corporation has hired an attorney to see if the state can recover any money from the $75 million loan guarantee to Curt Schilling's failed video game company.
Copyright WPRI
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