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Almost a decade after shutting down, Curt Shilling’s 38 Studios is finally sending employees money it owes them

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Almost a decade after shutting down, Curt Shilling's 38 Studios is finally sending employees money it owes them



9 years after Kingdoms of Amalur: Reckoning developer 38 Studios was unceremoniously shut down, a few of its 400 laid off employees are finally receiving some portion of their last paychecks… kind of.(*38*)

Bloomberg studies that former baseball participant Curt Schilling’s firm pays “many” of its former employees members about 14% or 20% of what every worker is respectively owed, in keeping with chapter paperwork. When 38 Studios shut down and declared chapter in 2012, it did not pay its 400 employees their last paychecks earlier than the studio ran out of money and shut down in Could that 12 months. 4 years after shutdown, 38 Studios reached a monetary settlement in court docket with the state of Rhode Island, which had loaned $75 million to Schilling (meant to assist the studio’s tasks for a number of years) via the Rhode Island Financial Improvement Corp.(*38*)



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