The objections to Diamond Comic Distributor‘s motion for the “sale or other disposition of consigned inventory” are rolling in with two more comic publishers filing today and more, we’re told, on the way. On June 25, 2025, Diamond Comic Distributors submitted the motion that would allow them to sell, liquidate, dispose of, inventory it currently still has. Many publishers have been vocal about the motion and many have responded to our inquiries with “no comment” because it’s an ongoing legal matter. So far, TwoMorrows Publishing, Magma Comix, and Graphitti Designs, and Abstract Studio have each filed their own objections. Today, NBM and William M. Gaines, Agent, Inc. have each filed objections to the motion.

NBM’s objection has followed previous ones highlighting the stock was in Diamond’s possession as consignment as per an agreement and Diamond does not own the merchandise.

The financial interest and hardship towards NBM is also mentioned as the merchandise would likely be sold at a great discount hurting their ability to sell the product at “normal” prices but also impact Lunar Distribution, their new distributor, from selling product to stores as well.

You can read NBM’s filing:

An attorney for William M. Gaines, Agent, Inc. also submitted an objection to Diamond’s motion. They too highlight a “settlement agreement,” this one from March 2011. This agreement was between Gemstone Publishing, Diamond, and Gaines Agent. This sounds different than the normal distribution agreement that others have used as their argument against Diamond’s plan.

A “settlement agreement” is a legally binding contract that resolves a dispute and prevents future litigation. We found an article by Diamond about EC Comics’ return from Gemstone around 2006. Gaines Agent says that Diamond may not dispose of or sell any of the inventory covered by the 2011 agreement. The actual “settlement agreement” was not included in this filing but is offered to be filed if the court requests it.