- Associated Press - Friday, January 9, 2015

PROVIDENCE, R.I. (AP) - A lawyer has testified about the failed 38 Studios deal on behalf of Rhode Island’s economic development agency.

A closed hearing was held Friday in Superior Court on First Southwest’s motion to compel a witness to testify on behalf of the Economic Development Corp.

Former House Speaker Gordon Fox is a party to the case but wasn’t involved in the motion.

The state is suing First Southwest over its financial advice for the bond sale. Ex-Red Sox pitcher Curt Schilling’s failed video game company got a $75 million state-backed loan.

The state chose lawyer Benjamin Ledsham to testify for the EDC. He testified after the hearing on the motion.

A court spokesman said the session was closed because Ledsham discussed sealed documents.

The EDC has been renamed the Commerce Corp.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide