Could Authors Be Liable to Consumers If an E-Bookstore Dies?

This weekend, Borders (BGP) let their creditors know they'd be holding off on paying rent at the end of January, in a bid to preserve liquidity. Sure, many have known for some time that Borders was in bad financial shape, but telling your landlord you're skipping rent is a sign things have gone from bad to worse and that the end—or at least a formal filing of bankruptcy—is nigh.

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