AP:38 Studios lawsuit depositions began this week

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  10 October 2013
AP:38 Studios lawsuit depositions began this week

"PROVIDENCE, R.I. Depositions have begun in the Rhode Island Economic Development Corp.'s lawsuit against Curt Schilling and others over the collapse of his video game company.

EDC lead attorney Max Wistow says he started the first deposition Thursday. The questioning of an executive at First Southwest lasted several hours and will be continued. First Southwest served as financial adviser to the agency in its $75 million loan guarantee to 38 Studios, which went bankrupt last year.

The EDC is suing the former Red Sox pitcher, 38 Studios officials and some of its own former employees. The suit alleges the board was misled into approving the deal. The defendants dispute the claims.

Read more here: http://www.charlotteobserver.com/20...l#storylink=cpy
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  10 October 2013
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