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11. Re: Rhode Island Sues Schilling and Others over 38 Studios Deal Nov 2, 2012, 02:20 Jivaro
 
I thought I understood this, or at least what had been released publicly, but now I am confused.

Rhode Island decides to back out of the deal, thus kicking the already fairly wobbly legs out from underneath the company. Now they are suing them because of a lack of money when they didn't have any money because RI backed out?

I am missing something..I know I am. Don't get me wrong, I understand that the company was in some trouble, but didn't RI basically nail the coffin lid down by backing out, thus insuring that they were in fact undercapitalized?
 
 
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