AfterShock breaks silence on bankruptcy filing, says it will continue publishing comic books and graphic novels.
Hours after the parent company behind AfterShock Comics filed for Chapter 11 bankruptcy protection, the publisher has broken its silence on the matter. In a new statement obtained by ComicBook.com, AfterShock says the filing is an attempt to restructure the company so that it can obtain additional financing"to continue to operate its business.
It adds,"The intent of this decisive action, among other considerations, is to allow the Company to maintain operations in the ordinary course including, but not limited to, paying employees and continuing existing benefits programs,, upholding and following through on commitments to contracted creators, as well as vendors who supply goods and services related to marketing, merchandising and advertising.
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