It's always fun when Ellora's Cave sues someone. This time, they are putting the screws to beleagured Borders. Not sure how EC expects to collect when Borders has a market cap of $40,000,000 and over $465 million of debt. In any event, the suit by EC alleges that Borders ordered more books than it planned to sell which resulted in a credit balance on the account EC argues that this "churning" is crippling small publishers. Ironically, in 2006, EC gave Borders romance buyer, Sue Grimshaw, an Ellora's Cave award.
More to come. I'll try to pull up the petition and post it.
Via GalleyCat .