Governor Of The State Of Rod Island Forgave First Southwest For Debts 38 Studios

Government of the state of Rhode Island intends to continue cooperation with the organization First Southwest, Even despite the proceedings in the bankruptcy case 38 Studios, Reports Providence Journal. Governor Lincoln Chafi (Lincoln Chafee) and general treasurer Gina Remondo (Gina Raimondo) in March concluded a two-year contract with First Southwest, As part of which the company will continue to perform the duties of the financial consultant Rod Island.

First Southwest I had a significant impact on the decision of the organization RHODE ISLAND Economic Development Corporation In 2010 on the issuance of a loan to the office Kurt Schillling CURT SCHILLING) 38 Studios, which was not quite clean on hand. Speech, we will remind, went about $ 75 million, which on the ears bodge in debt studio was simply not able to pay. Then the administration of the governor Chafee filed to court to 38 Studios and other companies that were involved in this business – among them was listed and First Southwest.

Rod Island authorities accused First Southwest and other consultants in conscious concealment of important facts and introduction EDC misled with the purpose of issuing a loan 38 Studios. But, despite the past insults, the administration Chafee decided to resume business relations with First Southwest, Instead of finding a replacement for another financial consultant. Eh, no life teaches anything ..