Pen-Elayne on the Web

CrossGen Files for Chapter 11

According to many sources, Crossgen Comics has filed for Chapter 11 bankruptcy protection. Rumors started circulating on Friday, and today it seems all but official. I pretty much agree with Mark Evanier's assessment of the situation. As I have all along, I continue to doubt Robin will ever see the $1300 they owe him.

Update: Looks like we're waaaaaaay far down on the list of creditors; Newsarama reports that "the estimated number of creditors ranges between 200 and 999 (the category division), with $1 to $10 million estimated as assets, and $10 to $50 million estimated in debts." For our part in this story, see here.