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R.I. prepares to sell 38 Studios video games to help recover $130-million debt

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By Paul Grimaldi
Amaulur logo.JPG

38 Studios

The logo from 38 Studios' video game "Kingdoms of Amalur: Reckoning."

PROVIDENCE, R.I. -- As one lawyer for Rhode Island makes the state's case this week against the people involved in the 38 Studios loan debacle, another is ready to sell the company's video games -- once intended as progenitors of a new industry here.

"Who knows what the value ultimately will be," said Providence lawyer Richard J. Land. "But there is interest in the assets."

The company's most-valuable assets were its intellectual property -- the drawings, designs and work related to its video games and the computer software supporting the games.

The state sued former Boston Red Sox pitcher Curt Schilling and 13 others in November in a separate attempt to recoup 38 Studios' $130-million debt. A hearing in that case is set for Wednesday.


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