Economics
Rhode Island to Take Possession of Schilling’s 38 Studios
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The Rhode Island Economic Development Corp. and Bank of New York Mellon Trust Co. won court approval to take possession of assets of 38 Studios LLC, the bankrupt video-game maker founded by former Boston Red Sox pitcher Curt Schilling.
U.S. Bankruptcy Judge Mary Walrath granted the Rhode Island organization and the bank’s request at a hearing today in Wilmington, Delaware.