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Old 04-13-2018, 03:55 PM   #913
GtrsRGr8
Grand Sorcerer
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Posts: 7,334
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Join Date: Aug 2012
Location: Southeastern U.S., ya'll
Device: Kindle; Kindle (10.1.1) for PC; Kindle Cloud Reader
Thanks for all of that information, including that about the MVL.

I think that there is no real counterpart in the U.S. to the MVL, unless it is in the laws of certain states of the Union. And probably those states only would have authority to set up bankruptcy arrangements for companies domiciled in their states; having only a "presence" in those states probably wouldn't give those states much, if any, say so in the bankruptcy process.

BTW--the kinds of bankruptcies in the U.S. in states that I've lived in, or have some knowledge about on some other basis, tend, at least to be referred to as "Chapters." I've heard of "Chapter 7" and "Chapter 9" bankruptcies, although I think that both of those are individual, and not corporate types.

There are bound to be some errors in what I wrote above, but I think that they would be minor ones. I'm sure that MobileReaders more "in the know" will set me straight. Anyway, between them and me you'll have some idea of what's going on when a U.S. bookstore or publisher goes through a bankruptcy, versus what's going on when one in England does.

On a practical level, I hope that Endeavor's financial issues will not affect the quality--which seems to be good now--of their books. Sometimes it seems that the quality of the products that company produces suffers, in response, when they are going tough times financially.

Last edited by GtrsRGr8; 04-13-2018 at 04:08 PM.
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