RI Senate approves 38 Studios settlement bill

PROVIDENCE, R.I. — Legislation designed to encourage out-of-court settlements in the litigation surrounding the collapse of Curt Schilling's video game company won easy approval Tuesday in the Rhode Island Senate.

The bill was placed on a legislative fast-track after an attorney for the state's economic development agency said it could increase the amount of money the state can recoup from the failed investment in 38 Studios, the now-bankrupt company founded by the former Red Sox pitcher.

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