Real Estate Blog

RSS Grab Brooks and Crowley Real Estate Blog RSS Feeds


Mortgage Issues for Schilling’s 38 Studios

Joseph Coupal - Tuesday, June 19, 2012
As Curt Schilling’s company faces bankruptcy, 38 Studios also faces mortgage issues.  An attorney for five former employees of the video game company has asked the Attorney General, Martha Coakley, to look into the relocation company that handled the company’s relocation to Rhode Island.  After the relocation, the company made a deal with MoveTrek Mobility LLC to assist staff in selling their homes, giving the impression that to the sellers that they sold their homes in 2011.  However, workers received a letter that MoveTrek was rescinding its agreement to purchase the homes, and on the same day 38 Studios filed for bankruptcy. MoveTrek was unable to sell 7 homes because Studio 38 refused to pay costs required to sell the home.  The attorney is accusing the company of violating the state’s consumer protection law and hindering workers with a second mortgage.

[view google map]


Brooks & Crowley LLP serves clients throughout Massachusetts, and has offices in Dedham, Boston and Norwell


Main Office:

Brooks & Crowley LLP.
439 Washington Street,
Dedham, MA 02026
781-277-7321

Tel. 781-277-7321 | Fax 800-625-9021

Boston Office:

Brooks & Crowley LLP
112 Water Street
Boston, MA 02109

Tel. 781-277-7321 | Fax 800-625-9021

Norwell Office:

Brooks & Crowley LLP
320 Washington Street
Norwell, MA 02061

Tel. 781-277-7321 | Fax 800-625-9021

 

© Copyright 2018 Brooks and Crowley | All rights reserved. | Sitemap | Legal | Contact |

Web/Marketing created and maintained by WSI PRO Marketing.