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The Boston Globe

Business

38 Studios had bankruptcy plan before R.I. governor spoke

PROVIDENCE — Curt Schilling’s video gaming company had already taken the first step toward filing for bankruptcy by the time Governor Lincoln Chafee made his first public comments about 38 Studios’ troubles — remarks the former Boston Red Sox pitcher has blamed for his company’s demise, documents show.

A confidential memo obtained by The Associated Press under a public records request shows the 38 Studios board had given the company the green light to seek bankruptcy protection sometime on or before May 14, the same day Chafee first spoke out about its financial troubles.

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