PROVIDENCE, R.I. -- Lawyers for defendants in the state's lawsuit against some of the people involved in crafting the loan deal for the 38 Studios videogame company pressed a R.I. Superior Court judge to dismiss the case.
The Rhode Island Economic Development Corp. sued 14 people or entities in 2012, including two former employees and the agency's lawyers, in an attempt to protect taxpayers from having to pay $75 million, plus interest, on bonds sold to back the ill-fated company's move here.
Superior Court Judge Michael A. Silverstein heard arguments spread over two days on the complicated 16-count case. Not all defendants face every charge and for the judge to find some defendants liable in some instances will clear other defendants of other claims.
Silverstein did not rule Tuesday on the defendants motion to dismiss the case outright, instead giving them until June 12 to file more documents.