No Federal Charges For 38 Studios

No Federal Charges For 38 Studios

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No federal charges will result from the bankruptcy of the Kingdoms of Amalur studio, but the state investigation continues.

The collapse of 38 Studios, the Curt Schilling-founded developer behind Kingdoms of Amalur: Reckoning, was fast, ugly and painful for Rhode Island, which when all is said and done could end up taking a $100 million kick in the junk. There have been no concrete suggestions that criminality, as opposed to simple incompetence, had a role in the studio's downfall, but in June it was revealed that the Rhode Island Attorney General, Rhode Island State Police, the FBI and the U.S. Attorney's Office were conducting an investigation into "activities that have recently come to light," as State Police Colonel Steven O'Donnell put it.

The nature of those activities remains a secret but whatever they were, U.S. Attorney Peter Neronha has decided that they're not worth pursuing. A rep said that after a "narrow and focused review" of the studio, the Attorney's office has decided to drop the matter. "No further federal action is planned at this time," he said.

Somewhat unsurprisingly, given its deeper and more fiscally pressing entwinement, Rhode Island is carrying on with its own investigation. "It's still being pursued and we follow all leads that are presented to us," O'Donnell said.

38 Studios collapsed under the weight of debt estimated to be in excess of $150 million, including $116 million in loans, interest and fees owed to Rhode Island. Schilling himself, who claimed in June to be "all tapped out," is facing at least one lawsuit over his studio's failure.

Source: Washington Post

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Interesting. Could be deals being worked out in the background.

Hopefully they can get it all resolved and the IP can be put back into the development space, because it definitely deserves a 2nd chance. Though an MMO would be a very bad idea.

Alandoril:
Interesting. Could be deals being worked out in the background.

Hopefully they can get it all resolved and the IP can be put back into the development space, because it definitely deserves a 2nd chance. Though an MMO would be a very bad idea.

Yeah, skip the MMO, make a second KOA game and fix what needs fixing.

I wouldn't mind so much except I know that the people responsable are just going to go on to ruin even bigger companies.

Zachary Amaranth:

Alandoril:
Interesting. Could be deals being worked out in the background.

Hopefully they can get it all resolved and the IP can be put back into the development space, because it definitely deserves a 2nd chance. Though an MMO would be a very bad idea.

Yeah, skip the MMO, make a second KOA game and fix what needs fixing.

This, This, 100% this. KoA was awesome but it does have some problems that could be easily fixed and I would love to see a sequel.

Zachary Amaranth:

Alandoril:
Interesting. Could be deals being worked out in the background.

Hopefully they can get it all resolved and the IP can be put back into the development space, because it definitely deserves a 2nd chance. Though an MMO would be a very bad idea.

Yeah, skip the MMO, make a second KOA game and fix what needs fixing.

Dern straight! I liked it! The combat,the ability to mix your classes up(Mage Rogue. =)),the crafting,the DLC's Stories I thought were good. Granted,the models need work,somethings you need to look up to find out about,but otherwise,a good game over all.

MortisLegio:

Zachary Amaranth:

Alandoril:
Interesting. Could be deals being worked out in the background.

Hopefully they can get it all resolved and the IP can be put back into the development space, because it definitely deserves a 2nd chance. Though an MMO would be a very bad idea.

Yeah, skip the MMO, make a second KOA game and fix what needs fixing.

This, This, 100% this. KoA was awesome but it does have some problems that could be easily fixed and I would love to see a sequel.

You guys are a lot more optimistic about this than I am. Because of the bad PR associated with it, I don't think any developer would want to touch the ip with a ten foot pole ever again. Let alone voluntarily get involved in this dino-turd grade legal mess.

bliebblob:

MortisLegio:

Zachary Amaranth:

Yeah, skip the MMO, make a second KOA game and fix what needs fixing.

This, This, 100% this. KoA was awesome but it does have some problems that could be easily fixed and I would love to see a sequel.

You guys are a lot more optimistic about this than I am. Because of the bad PR associated with it, I don't think any developer would want to touch the ip with a ten foot pole ever again. Let alone voluntarily get involved in this dino-turd grade legal mess.

Actually the IP is probably quite marketable. You have not only the game, but stuff from R.A. Salvatore and other fantasy authors that people like.

 

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