PROVIDENCE, R.I. (AP) — The Rhode Island House is poised to pass legislation designed to encourage out-of-court settlements in the lawsuit against Curt Schilling over the collapse of his video game company.
The bill is up for debate and a vote Tuesday. It has already passed the Senate and is expected to win easy passage in the House.
The measure aims to shield any defendant that settles in the case from lawsuits from co-defendants over damages for which that co-defendant is found liable.
The former Economic Development Corp. sued the ex-Red Sox pitcher and others after 38 Studios went bankrupt. The agency approved a $75 million loan guarantee for the company. The state is on the hook for some $90 million.
The agency's lawyer says the bill would help maximize any financial recovery.