Schilling's video gaming co. files for bankruptcy

AP /  June 7, 2012
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PROVIDENCE, R.I. (AP) — Former Red Sox pitcher Curt Schilling’s troubled video gaming company has filed for bankruptcy.

The filing was made in U.S. Bankruptcy Court in Delaware on Thursday.

Providence-based 38 Studios last month laid off its entire workforce. It also was more than two weeks late on a $1.1 million payment to the state.

Gov. Lincoln Chafee (CHAY'-fee) has said the company has been facing ‘‘grim times.’’

The company was lured to Providence from Massachusetts in 2010 when Rhode Island officials offered a $75 million loan guarantee they said would bring jobs and tax revenue. The state is likely to be on the hook for some of the company’s debts.

A message was left for Schilling.end of story marker

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