Exec describes efforts to save Schilling's company

WILMINGTON, Del. (AP) — A top executive for a failed video game company led by former Boston Red Sox pitcher Curt Schilling said Tuesday that the company tried up until the very last minute to work out a deal to stay afloat.

But William Thomas told a U.S. Bankruptcy Court trustee in Delaware that Rhode Island’s refusal to approve some $5 million in tax credit advances in May was the straw that broke the financial back of 38 Studios LLC.