Curt Schilling who founded 38 Studios has been sued for 2.4 million by Citizens Bank when he announced bankruptcy. The bank alleges that Schilling guaranteed to pay off a $2 million letter of credit and a $350,000 corporate credit card with the bank, according to WPRI via Gamasutra.
“Schilling is liable to the bank in the total amount of $2,394,240.40, plus thereafter accruing interest and late fees, costs and costs of collecting, including, without limitation, attorneys’ fees and expenses,” the complaint stated.
“Schilling has failed and refused, and continues to fail and refuse, to satisfy the outstanding indebtedness, and [the bank] is likely to suffer irreparable injury” if the money is not recovered.
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