Diamond’s Chapter 7 Trustee Lays Out Relevant Documents in Appeal Attempt

There’s been some major changes recently in Diamond’s Chapter 7 case. The Trustee who is overseeing the Chapter 7 case had asked for an extension of a deadline to figure out how to respond to rejecting/accepting Diamond’s contracts and in February that request for an extension was denied. The denial of the motion by the Trustee has caused a chain of rejections. Because the contracts were not assumed or rejected by the deadline, publishers have pounced citing law that saws the contracts default to rejected. You can read about that here and here. Because the contracts are rejected, there’s laid out steps in the contracts as to what happens to consigned goods, primarily the publishers can get them back for the cost of shipping.

The Trustee has appealed the decision to not extend the due date to make a decision, very important because with the deadline for a decision passing and none made, things might have tipped in publisher’s favors.

Now, a list of documents has been filed the Trustee feels are relevant for the appeal and we’ve collected links to all of the documents below so you can read them yourself.

Filing DateDocket #Document
12/19/20251089Order (I) Approving Eighth Stipulation Between Debtors and JPMorgan Chase Bank, N.A. Amending DIP Credit Agreement, (II) Converting Cases From Chapter 11 to a Chapter 7 of the Bankruptcy Code as of Conversion Date, (III) Approving Certain Conversion Procedures (IV) Setting Bar Date for Filing Final Chapter 11 Fee Applications and Establishing a Hearing Thereon, And (V) Granting Related Relief (related document(s).
12/23/20251095Appointment of Chapter Trustee: The U.S. Trustee, pursuant to 28 U.S.C. Section 586, hereby appoints Morgan W. Fisher to serve as the Chapter Trustee in this case. This case is covered by the blanket bond for the hereby appointed trustee.
1/15/20261114Amended Notice of Chapter 7 Bankruptcy Case, Meeting of
Creditors & Notice of Appointment of Interim Trustee.
2/19/20261156Emergency Motion to Extend Time to Assume or Reject Executory Contracts Related to Consigned Goods Filed by Morgan W. Fisher.
2/19/20261157Emergency Motion to Shorten Time in which to respond to the Emergency Motion to Extend Deadline to Assume or Reject Executory Contracts Related to Consigned Goods and Set Expedited Hearing Thereon.
2/19/20261158Order Granting Motion to Shorten Time in Which to Response to Trustee’s Emergency Motion to Extend Deadline to Assume or Reject Executory Contracts Related to Consigned Goods and to Set Expedited Hearing Thereon.
2/25/20261163Objection on behalf of Aspen MLT, LLC /a/ka Aspen Comics, Black Mask Studios, LLC, Dark Horse Comics, LLC, Dynamic Forces, Inc., Heavy Metal International, LLC, Magnetic Press, LLC, Massive Publishing, LLC, Oni-Lion Forge Publishing Group, LLC f/k/a Oni Press, Panini UK, Ltd., Punk Bot Comic Books, LLC a/k/a
Alien Books, The Penn State University a/k/a Graphic Mundi, Titan Publishing Group, Ltd., Vault Storyworks, LLC a/k/a Vault Comics f/k/a Creative Mind Energy.
2/25/20261164Objection on behalf of Ad Hoc Committee of Consignors Filed by Catherine Keller Hopkin (related document(s)1156 Motion to Extend Time filed by Trustee Morgan W. Fisher). (Attachments: # 1 Exhibit A: 2-11-26 email # 2 Exhibit B: 1-14-26 email).
2/25/20261164Joint Line (2nd) Regarding Motion To Extend Deadline To Assume Or Reject Executory Contracts Related To Consigned Goods on behalf of Morgan W. Fisher.
2/25/20261165Joint Line Regarding Motion To Extend Deadline To Assume Or Reject Executory Contracts Related To Consigned Goods on behalf of Morgan W. Fisher
2/26/20261171Order Denying Emergency Motion to Extend Time to Assume or Reject Executory Contracts Related to Consigned Goods
3/4/20261185Transcript of Hearing held on February 26, 2026

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