Corporate Welfare

Rhode Island: Lawsuit Against 38 Studios, Curt Schilling & Co. Should Move Ahead

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The saga continues for 38 Studios, the video game company founded by former Boston Red Sox pitcher Curt Schilling, which received a $75 million loan from the state of Rhode Island less than a year before going bankrupt. As reported by the Associated Press:

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 lawsuit against them should be allowed to move ahead. 

Reason TV covered "Curt Schilling's Crony Capitalism Debacle" earlier this year: