The Rhode Island Economic Development Corp. and Bank of New York Mellon Trust have won a court case allowing them to take possession of the assets of bankrupt developer 38 Studios, reports Bloomberg (thanks Examiner.com). Word is this was to stave off the possibility that remnants if the IP the state now owns as a result of its investment in the studio would be lost by the trustee in this case, who apparently did not understand the implications of selling off the company's computers:
All trademarks are properties of their respective owners.
News CGI copyright © 1999-2017 James "furn" Furness &
All rights reserved.
Chatbear v1.4.0/blue++: Page generated 22 June 2017, 16:52.