If anyone knows of a group following this posts suggestion to
"…Since lawyers are expensive, it would probably be a lot more cost effective for a group of authors with similar issues/contracts, to band together and pool their resources, in order to get the best advice possible under the circumstances…"
please give a shout out in case of interest to additional authors.
Ugh. Why should authors have to waive royalties as #4 of this image says (other than of course a desire to just get it over with) including recent and new sales from vendors thru January 2017 that EC will still be receiving despite the closing announcements?
Why can't Ellora's Cave just blanket revert all author's rights back to them and voluntarily cancel all contracts? If not still trying to profit off their books, why doesn't EC themselves do that plus remove all their books from all vendors now that they are just closing? If planning on filing a bankruptcy, why not say that?