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38 Studios IP auction scheduled for December 11

Come December 11, Heritage Global Partners will finally begin selling off the intellectual property of Curt Schilling's 38 Studios.

Initially slated for November, the auction was delayed due to "greater than expected" interest from potential bidders. The state of Rhode Island is hoping that this auction will allow it to recoup some portion of the $75 million it loaned 38 Studios, so it only makes sense to attract as many bidders as possible.

Among the items included in the auction are sequel and licensing rights to Kingdoms of Amalur: Reckoning, rights to Big Huge Games' Rise of Nations and Rise of Legends strategy games, and "Project Copernicus" which the auction house describes as "
an in-development Massively Multiplayer Online Role Playing Game (MMORPG) including a 10,000 year world history, completed character 'races' and playable 'zones.'"

Full information on the auction can be found at the Heritage Global Partners website. Initial bids will be accepted as late as 5PM EST on December 4.