We’ve said for a while now the Diamond chapter 11 process is going into 2026. Today, an “evidentiary hearing” was held regarding three motions.

In evidentiary hearings, the sides involved present evidence such as witness testimony and documents to the judge presiding over the case. They’re used to focus on specific aspects of the case.

This evidentiary hearing involved:

• 679 Miscellaneous Relief
• 738 Objection
• 740 Opposition

All has to do with assuming or rejecting various contracts and fights between publishers, Diamond, and JPMorgan Chase Bank.

We don’t know the specifics of what was said, presented, or arguing in today’s hearing. All of the matters will continue on December 8, 2025. Not super exciting, but an update that things are still going on and will be for the foreseeable future.