Closing the books.(publisher Barney Rosset is forced to file for bankruptcy because of a libel judgement against his book distributor, Barricade Books Inc.)(Brief Article)

Nation, The, January, 1998 by Garbus, Martin

Barney Rosset, the legendary publisher who created Grove Press and went into debt fighting the great censorship battles of the sixties and seventies, has been forced into bankruptcy by a $3.1 million verdict in a libel case. And he wasn't even a party to the suit. The Association of American Publishers, the trade association for the publishing industry, said this was the first case of a book publisher going out of business because of a libel judgment.

Back in August, a Las Vegas jury awarded Steve Wynn, a casino operator, a libel judgment against Barricade Books. Barricade was the distributor of Rosset's new company, Blue Moon. A restraining order filed against Barricade's warehouse also froze Rosset's ability to sell his books. The warehouse made plans to...