Originally Posted by Tatterdemalion

Here's some additional information I've been able to round-up:

(1) It seems the major problem is the overall debt of the owner of Diamond, Steve Geppi; he's being sued for about $400,000 in one case, nearly $16 million in another, had $3 million in debt to the Maryland Stadium Authority forgiven, and his museum is about $700,000 in the hole, too. Source. Source.

(2) The friggin' internal DC memo following the '95 alliance of DC Comics and Diamond following Marvel's bid for self-distribution. It confirms DC does have legal first dibs. Color me truly horrified. Source. Source.

I can't believe this isn't getting more attention from people within the industry; this looks a lot worse than I initially realized. In other words, "Yowza."