Bank Sues Schilling for $2.4 Million

<p>Things keep getting worse for Curt Shilling&period; Now Citizen’s Bank is suing the 38 Studios founder after allegedly promising to repay money borrowed from the bank&period;<&sol;p>&NewLine;<p>According to a report from WRPI&period;com&comma; the lawsuit was filed the same day 38 Studios declared bankruptcy&period; The bank claims Schilling &&num;8220&semi;personally guaranteed a &dollar;2 million letter of credit and a &dollar;350&comma;000 corporate credit card the bank gave 38 Studios&comma;&&num;8221&semi; which both 38 Studios and Schilling refused to pay off&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Schilling has failed and refused&comma; and continues to fail and refuse&comma; to satisfy the outstanding indebtedness&comma;&&num;8221&semi; the complaint reads&period; WPRI&period;com has a nice roundup of all the details from lawsuit&period; Check out <a href&equals;"http&colon;&sol;&sol;www&period;wpri&period;com&sol;dpp&sol;news&sol;local&lowbar;news&sol;providence&sol;citizens-bank-sues-curt-schilling-on-38-studios-loan"><strong>their story<&sol;strong><&sol;a> for more details&period;<&sol;p>&NewLine;<p>&lpar;Via <a href&equals;"http&colon;&sol;&sol;www&period;gameinformer&period;com&sol;b&sol;news&sol;archive&sol;2012&sol;06&sol;14&sol;bank-sues-38-studios-39-schilling-for-2-4m&period;aspx"><strong>Game Informer<&sol;strong><&sol;a>&rpar;<&sol;p>&NewLine;