38 Studios http://ripr.org en Judge Silverstein Upholds 38 Studios Legal Settlements http://ripr.org/post/judge-silverstein-upholds-38-studios-legal-settlements <p>Rhode Island &nbsp;Superior Court Judge Michael Silverstein has upheld an initial legal settlement in Gov. Lincoln Chafee’s 38 Studios lawsuit over the $75 million state loan guarantee granted to the failed video game company started by Curt Schilling, the former&nbsp; Boston Red Sox pitcher.</p><p>In an opinion released this afternoon, Silverstein approved a $4.4 million settlement reached with the Providence law firm of Moses, Alfonso and Ryan, a firm that advised the state on bonds of the ill-fated loan program.</p> Tue, 22 Jul 2014 19:51:25 +0000 Scott MacKay 37110 at http://ripr.org Despite Objections, Hearing Into Possible 38 Studios' Lobbying Violations Moves Ahead http://ripr.org/post/despite-objections-hearing-possible-38-studios-lobbying-violations-moves-ahead <p>A lawyer for Michael Corso, who was involved in talks to bring 38 Studios from Massachusetts to Rhode Island, on Friday challenged the legal basis for a hearing into whether Corso violated state lobbying laws.</p> Fri, 11 Jul 2014 15:56:41 +0000 Ian Donnis 36580 at http://ripr.org Judge Set To Hear First Settlement Case Out Of 38 Studios Lawsuit http://ripr.org/post/judge-set-hear-first-settlement-case-out-38-studios-lawsuit <p>A Superior Court judge is scheduled Tuesday to consider the first settlement growing out of the state’s lawsuit over 38 Studios. The settlement calls for the state to get a payment of $4.3 million.</p><p></p><p>After 38 Studios went bankrupt in 2012, the state sued 14 defendants to try to cut down the roughly $90 million owed by taxpayers. The first proposed settlement in the case was announced late last month. It involves the law firm of Moses Afonso Ryan, which served as bond counsel for the ill-fated 38 Studios project.</p> Tue, 08 Jul 2014 12:41:12 +0000 Ian Donnis 36384 at http://ripr.org Political Roundtable: Smiley on Block vs. Fung; the Budget, 38 Studios & More http://ripr.org/post/political-roundtable-smiley-block-vs-fung-budget-38-studios-more <p></p><p>State Republican Chairman Mark Smiley joins Political Roundtable this week to discuss the GOP gubernatorial primary between Allan Fung and Ken Block; the budget signed into law by Governor Lincoln Chafee; the outlook for electing more Republicans to the General Assembly; and the latest developments on 38 Studios.</p><p></p> Fri, 20 Jun 2014 08:00:00 +0000 Ian Donnis 35461 at http://ripr.org Political Roundtable: Smiley on Block vs. Fung; the Budget, 38 Studios & More State Police To Interview Lawmakers On 38 Studios http://ripr.org/post/state-police-interview-lawmakers-38-studios <p>House Speaker Nicholas Mattiello is applauding plans by state police to speak with lawmakers about a 2010 vote that set the stage for 38 Studios to come to Rhode Island. A Job Creation Guaranty Program approved by the legislature was later used to channel $75 million to the ill-fated video game company.</p> Wed, 18 Jun 2014 17:50:20 +0000 Ian Donnis 35382 at http://ripr.org State Police To Interview Lawmakers On 38 Studios Political Roundtable: Shekarchi on the Budget, 38 Studios, Education & 2014 http://ripr.org/post/political-roundtable-shekarchi-budget-38-studios-education-2014 <p></p><p>State Representative Joseph Shekarchi (D-Warwick) joins Political Roundtable this week to discuss the House budget; 38 Studios; the latest findings about public school performance in Rhode Island; and a new entry in the race for lieutenant governor.</p><p></p> Fri, 13 Jun 2014 08:00:00 +0000 Ian Donnis 35018 at http://ripr.org Political Roundtable: Shekarchi on the Budget, 38 Studios, Education & 2014 38 Studios Dominates Discussion as House Passes $8.7B Budget http://ripr.org/post/38-studios-dominates-discussion-house-passes-87b-budget <p></p><p>A House vote in favor of a new $8.7 billion budget early Friday was dominated by debate about 38 Studios. The spending plan for the fiscal year starting July 1 includes $12.3 million dollars to continue paying back investors in the failed video game company.</p><p>Budget articles passed with lopsided margins and mostly no back and forth. Yet an attempt to establish an independent prosecutor to examine how the state bungled into 38 Studios sparked sharp exchanges. Representative Michael Marcello (D-Scituate) argued in favor of the outside probe.</p> Fri, 13 Jun 2014 06:04:27 +0000 Ian Donnis 35109 at http://ripr.org 38 Studios Dominates Discussion as House Passes $8.7B Budget Bill Looks To Create Commission To Investigate State Loan Programs http://ripr.org/post/bill-looks-create-commission-investigate-state-loan-programs <p>A bill slated to be considered Tuesday by the House Finance Committee would create a commission to investigate loan programs like the one that funded 38 Studios. House Speaker Nicholas Mattiello has opposed the idea of lawmakers using subpoenas to probe 38 Studios.</p><p></p><p></p><p></p> Tue, 10 Jun 2014 13:13:48 +0000 Ian Donnis 34925 at http://ripr.org Bill Looks To Create Commission To Investigate State Loan Programs House Finance Committee Passes $8.7 Billion Budget http://ripr.org/post/house-finance-committee-passes-87-billion-budget <p>On a 14-2 margin, the House Finance Committee Thursday approved an $8.7 billion budget for the fiscal year starting July first.&nbsp; Lawmakers say they hope tax cuts will bolster Rhode Island’s underperforming economy.</p><p></p><p></p> Fri, 06 Jun 2014 12:24:15 +0000 Ian Donnis 34773 at http://ripr.org House Finance Committee Passes $8.7 Billion Budget Political Roundtable: Ferri on Running for LG; RI's Healthcare Exchange; 38 Studios & More http://ripr.org/post/political-roundtable-ferri-running-lg-ris-healthcare-exchange-38-studios-more <p></p><p>State Representative Frank Ferri (D-Warwick), one of three Democrats running for lieutenant governor, joined Political Roundtable this week discuss his campaign and other issues, including 38 Studios and the Democratic race for governor.</p><p></p> Fri, 06 Jun 2014 08:00:00 +0000 Ian Donnis 34733 at http://ripr.org Political Roundtable: Ferri on Running for LG; RI's Healthcare Exchange; 38 Studios & More