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Old 04-05-2013, 06:59 PM   #18
Lemurion
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Quote:
Originally Posted by Aidan View Post
Maybe this is really obvious, but can someone please tell me why the author's are all fearing their book rights being tied up in the courts for years. Surely either

a) You are owed money from your contract that hasn't been paid, therefore the terms of the contract have been broken so the rights revert to the author straight away.

b) You're not owed money but your books are out of print due to the company going bust. As the books are out of print the rights revert to the author after the time specified in the contract (normally a couple of months).
The problem is that the rights are considered assets of the company, often the only assets, so the bankruptcy court gets to use them to pay off the creditors.

The company has to come out of bankruptcy before the authors can get anything, because until then, the courts control them.
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