38 Studios Loan Debt Likely to be Handled with the Introduction of a Bill

38 Studios, the now-inoperative company founded by former Red Sox pitcher Curt Schilling and developers of Kingdoms of Amalur: Reckoning, left an enormous hole of debt in Rhode Island after it went bankrupt. A $75 million loan guarantee-sized void, to be precise. Last week, the state’s legislature introduced a bill that might free them of that burden.

According to a report by a famous press firm, Representative Karen Macbeth, D-Rhode Island, introduced a bill on Thursday that might cause the authorities to default on the loan and thus prevent the Rhode Island Commerce firm from making any further payments toward it.

This isn’t the first time that such a bill has been introduced but it was last year also introduce after almost the same incident had occurred that time. With all this, the legacy of 38 Studios continues to be outlined by messy monetary arguments.