RI agency seeks Schilling company collateral

Published July 25, 2012 10:22pm ET



DOVER, Del. (AP) — Rhode Island’s Economic Development Corp. is asking a Delaware bankruptcy judge for permission to take possession of the assets of a failed video game company led by former Boston Red Sox pitcher Curt Schilling.

In court filings Wednesday, the RIEDC said the assets of 38 Studios are collateral for $75 million in loans used to lure the company from Massachusetts.

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