38 Studios court case begins

The 38 Studios vs. Rhode Island court case has begun. The The Providence Journal reports today that opening arguments from both sides were made today in Rhode Island Superior Court.

Rhode Island sued 38 Studios founder and former Red Sox pitcher Curt Schilling and 13 architects of the controversial 2010 $75 million loan in November, claiming the company knew it would fail but did not inform the state.

All 14 defendants were in court today attempting, for a third time, to have the lawsuit tossed out.

The defendants' lawyer William M. Dolan III belittled the lawsuit today, telling judge Michael A. Silverstein that, "clerks don't check specious claims at the door."

Rhode Island's lawyer, Max Wistow, presented a claim of his own, saying the state has an "avalanche" of evidence that supports its claim that 38 Studios attempted to hide its financial problems.

Meanwhile, Rhode Island is also attempting to sell 38 Studios' assets to recoup some of its $130 million in debt related to the developer's bankruptcy. These assets include the Amalur intellectual property.

Attorneys for the state report there is "interest" in the assets, though no further detail has been provided and the legal team has not responded to GameSpot's requests for comment.