PROVIDENCE, R.I. (Reuters) - Rhode Island legislators are set on Tuesday to resume hearings on the state's $75 million (49 million pound) loan guarantee to former Boston Red Sox pitcher Curt Schilling's now-bankrupt video game company as the state fights to recoup some of the lost money.
Schilling, who named his company 38 Studios in a reference to the number on his jersey, had approached Rhode Island in 2009, offering to relocate the company from Massachusetts and bring some 450 jobs to the state, which was then struggling with one of the highest unemployment rates in the country.