Rhode Island hearing against Schilling and 38 Studios founders this Wednesday.
Today, Providence lawyer Richard J. Land announced that there was interest in 38 Studios' assets. These include all intellectual properties, art assets, and in-house tools used to create Kingdoms of Amalur and the unreleased MMO Project Copernicus. While these assets are certainly worth "something" it is uncertain what Rhode Island might be able to recover of the $131 million it lost in its investment. A general trial against Schilling and the other 13 members of 38 Studios that have been accused of hiding financial data is set for Wednesday the 22nd.
Baseball pitcher Curt Schilling founded 38 Studios in 2006. However, in 2010 the company moved to Rhode Island from Maryland after an economic development corporation run by the state of Rhode Island offered Schilling $75 Million in state-funded loans.
Their first title, Kingdoms of Amalur: Recoking did not do as well as it needed to and while 38 Studios was working on an unnamed MMO-project, it could not maintain enough currency for its operation and shut down a few months after Kingdoms of Amalur's release.
Source: Providence Journal