Curt Schilling May Use $10M Insurance Policy For Costs Of Bankruptcy-Related Case

WILMINGTON, Del. - The federal bankruptcy judge presiding over the Chapter 7 proceeding of 38 Studios LLC, the former video game manufacturing company of retired Major League Baseball pitcher Curt Schilling, on Feb. 6 ordered that an directors and officers insurance policy could be used to pay defense costs up to $10 million in an underlying lawsuit in Rhode Island state court (In Re: 38 Studios LLC, No. 12-11743, Chapter 7, D. Del. Bkcy.).Full story on lexis.com