Remember the start of 2025 when Diamond Comic Distributors somewhat casually announced they were going into bankruptcy but expected to emerge from it okay and stronger than ever? We were all so young and naive those 10-ish months ago. Since so much has happened with Diamond trying to sell itself, find a buyer (Alliance Entertainment), trying to decline that buyer, getting sued by AE, having AE decide they want to drop out, getting the comic business aspect bought by Ad Populum--who proceeded to run Diamond into the ground and basically kill the company while selling inventory it had no right to (what's left is essentially a zombie shell of a company that exists only to sue people). Yeah, a long ten months. Well, an end could be in sight!
Basically, everyone started suing Diamond. Oh, and Diamond has done its own legal proceedings, and it is an expensive mess of lawyer bills whittling away any solvency Diamond could have claimed to have. To save some liquid capital, everyone has, "...agreed to submit their disputes to the Court’s Bankruptcy Dispute Resolution Program." 30-ish different lawsuits will all coalesce into a mediation to hopefully have everybody walk away at least somewhat satisfied. A single judge, Judge Catliota, will be in charge of handling a wheelbarrow-load of disputes. Oh, but in a theoretically unrelated manner, Diamond's new owner, Ad Populum/Sparkle Pop, is suing publisher Dynamite Entertainment, so don't go thinking all comic-book distribution disputes will be done by any means!
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