38 Studios owes Mass. firm $1.2M for computers, equipmentJune 29th, 2012 at 9:34 am by Ted Nesi under Nesi's Notes, On the Main Site
In court documents filed Thursday, NFS Leasing Inc. said 38 Studios signed 13 separate leases to rent equipment from the company between April 2010 and July 2011. Beverly, Mass.-based NFS says 38 Studios owed it $1.28 million when the video game firm filed for bankruptcy on June 7.
38 Studios is being liquidated under Chapter 7 of the U.S. bankruptcy code. Its creditors are scheduled to meet in Delaware next month. The company’s bankruptcy trustee visited its former headquarters at One Empire Plaza this week to see what its employees left behind.
NFS asked 38 Studios’ bankruptcy judge to make the trustee begin paying rent immediately or otherwise give back the equipment that’s now apparently sitting idle in the Empire Plaza building.
Separately, The Associated Press reported late Thursday that 38 Studios’ board had voted to authorize a bankruptcy filing by May 14, contradicting Curt Schilling’s suggestion that the company wasn’t in serious trouble until Governor Chafee began alluding to its solvency woes.
• Related: Delaware trustee tours 38 Studios’ old HQ to assess assets (June 27)
Tim White contributed to this report.
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