Following news thatKingdoms of Amalurdeveloper 38 Studios was inbig debt to the gubbyments, word of more financial trouble has hit the streets. The company also owes its own employees, having missed payments to staff.
In addition to its inability to pay staff, 38 Studios has also let go of any temp workers. Meanwhile, embarrassing news suggests that Curt Schilling’s company sent a check to theRhode Island Economic Development Corporation despite there being no money. Naturally, the check bounced.
Things could get worse. If 38 Studios can’t pay off its $75 million loan, Rhode Island could assume ownership of its intellectual property, seizing theAmalurbrand for itself. It’s almost enough to make you want to believe a conspiracy theory.
38 Studios doesn’t make payroll, can’t pay state either[Joystiq]
