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Lincoln Chafee Applauds Release of 38 Studios Documents

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Former Gov. Lincoln Chafee, now seeking the Democratic presidential nomination, weighed in this afternoon on the release of the 38 Studios court...

Former Gov. Lincoln Chafee, now seeking the Democratic presidential nomination, weighed in this afternoon on the release of the 38 Studios court documents.

It was Chafee, a vigorous opponent of the 38 Studios deal when he was running for governor in 2010, who later hired lawyer Max Wistow to file suit against principals in the deal. 38 Studios went bankrupt, leaving taxpayers holding the bag for $75 million in state-backed bonds to the company run by former Boston Red Sox star pitcher Curt Schilling.

``I’m proud of the efforts of Max Wistow and his team to recoup the taxpayers’ money through the lawsuit which I initiated several years ago,’’ Chafee said in a news release. ``I support Judge Silverstein’s decision to release the depositions taken as a result of our lawsuit.’’

Chafee also pointed to what her termed the ``most exhaustive’’ media study of the 38 Studios debacle, which was done by Jason Schwartz of Boston Magazine in an August 2013 article. Schwartz wrote, ```can we please do away with the fiction that 38 Studios failed because Lincoln Chafee didn’t do enough to save it at the end? It is simply not true. This is not a matter of he said, she said. It’s a matter of what actually happened.’’

Chafee also said that Schilling continues to ``make mindless claims.’’

Lincoln Chafee, a one-term governor, said he relied on state economic development officials to oversee 38 Studios.
Lincoln Chafee, a one-term governor, said he relied on state economic development officials to oversee 38 Studios.