Over at Manganews.net, Floating Sakura has posted a response from Libre regarding its current dispute with manga publisher CPM:
The license agreements for translations of the publications between BIBLOS Co., Ltd. (hereinafter referred to as “BIBLOS”) and Central Park Media Corporation (hereinafter referred to as “CPM”) became invalid after April, 2006 when BIBLOS filed for bankruptcy protection.
Any and all translations of our publications by CPM are based upon the above-mentioned terminated agreements.
Moreover, CPM unilaterally continues to publish translations of our publications without performing any obligations of that Agreement, because they insist that they have no obligation due to the fact that BIBLOS is a bankrupt entity.
Lots of folks have offered their two cents on the matter, including Simon Jones (images NSFW), Dirk and Tom. Plus there’s some interesting debate in the comments section of David Welsh’s blog,
