Rhode Island’s House speaker said he had a “very fruitful” meeting Wednesday with two Wall Street ratings agencies as lawmakers weigh the ha…
The speaker said Wednesday’s meetings are part of a “fact finding mission” that will help the state decide its next course of action.
Murphy paid a previously undisclosed visit to Curt Schilling’s company the year before it came to former Gov. Carcieri’s attention.
The former House speaker continued fighting a request for him to provide documents as part of the state’s 38 Studios lawsuit.
Rhode Island has rehired a financial adviser that it is suing for fraud and legal malpractice in connection with the failed 38 Studios deal.
“I really do not think we should highlight the fact that we might be under capitalized…wont go over well,” the vice-chairman wrote.
Judge Silverstein said both sides are making disclosures in court in an apparent effort to sway public opinion about the case.
Key players connected with the state’s lawsuit against the failed video game company, 38 Studios, are scheduled to return to court Monday.
Providence lawyer Mark DeSisto will be paid $150 per hour to represent the House after the attorney general’s office determined it needed to…
Former House Speaker Gordon Fox’s lawyer described more than 100 subpoenas stemming from a grand jury investigation.
An election is just months away, and Chafee, who is not seeking reelection, is at odds with both Republican gubernatorial candidates.
But Assured Guaranty said it “fully expects the state of Rhode Island to honor its obligation” to pay the $90 million debt left behind.
The agency’s lead analyst for Rhode Island said the ongoing debate “calls into question the state’s willingness to honor obligations.”
As analysts are set to brief lawmakers about the possibility of a 38 Studios default, Chafee stated the importance of paying the obligation.
One of the big three Wall Street rating agencies said state lawmakers shouldn’t waver on whether to pay the roughly $90 million.
Nearly two years after 38 Studios collapsed, the failed video-game company founded by former Red Sox pitcher Curt Schilling can’t stay out o…
An independent study suggested Rhode Island would be punished by Wall Street if taxpayers refuse to pay the 38 Studios bonds.
Schilling is the third major player in the failed 38 Studios deal this week to turn down a request to testify.
A business-backed public policy group says the cost to the state of not repaying the money owed after 38 Studios’ bankruptcy would exceed th…
The fallout from the collapse of 38 Studios continued Thursday as lawmakers mulled whether or not to make the next payment on nearly $90 mil…
Richard Licht, a top Chafee aide, said he never told the governor about a December 2011 meeting with 38 Studios insiders.
The well-connected lawyer at the center of the controversial deal had several lucrative agreements with Curt Schilling’s company.
An attorney for former EDC Executive Director Keith Stokes wrote in a letter to Chairwoman Karen MacBeth that Stokes won’t testify as reques…
Critics seized on Target 12’s findings about apparent lobbying by 38 Studios insiders to argue the officials failed to do enough.
New findings from Target 12 have forced state leaders to finally examine why Curt Schilling’s company never registered its representatives.