Jun 23 2007
Triskelion Update: RWA Responds to Triskelion Closing
Triskelion Publishing has announced on its website that it is closing its doors on July 2.
RWA contacted its attorneys on behalf of authors who are under contract with Triskelion. After reviewing a sample contract that Triskelion submitted with its application for RWA recognition, the attorney advised that the best options with respect to the Triskelion contract are:
i) Authors whose books have not been published should send a notice that the contract is being terminated based on Article III, section L that voids the Agreement if Triskelion has not published and made available for sale the manuscript within sixty (60) days of the agreed-upon release date, which is in Article III, Section A;
ii) Authors who have not received advances that are set out on the contract should send notice as specified in Article VI, Section B that addresses breaches of contract. Authors should state that the Contract will be terminated in 30 days unless the breach is cured;
iii) Other authors should send notice to request Triskelion to release them in writing from the Agreement.
Correspondence should be sent immediately by certified mail or other receipted delivery service. Authors need to be aware that even if Triskelion grants the termination of the Agreement, such action may be voided by a court-appointed trustee if the publisher files for bankruptcy.
RWA Board of Directors
Thanks to Vanessa Jaye who posted this in the comments section.
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Jun 23, 2007 @ 19:26:42
Ah, it seems to me that all the action is in that last sentence.
Jun 23, 2007 @ 19:34:16
My advice is to contact the US Bankruptcy Court in Arizona and find out if you, the author, is listed as a creditor or can be listed. If not by you then your lawyer… the court or your own personal lawyer can likely give the best advice rather than running about the Internet trying to figure out what to do.
Personally, if I’d been affected by this event, I’d just tuck awat any manuscripts involved and work on something else. I’d focus on my career, not on this disaster.
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