All, This is the most definitive summary I've seen of the B&T situation. It includes the Chapter 11 filing petition and other related financial documents: [ https://www.wordsandmoney.com/bankruptcy-filing-offers-more-details-into-bak... | https://www.wordsandmoney.com/bankruptcy-filing-offers-more-details-into-bak... ] Here are some points/opinions that I believe to be relevant: ***Assets in the $1-10 million dollar range and liabilities in the $100-500 million range. This would seem to not bode well for the unsecured creditors, including libraries. ***Libraries are owed some $33 million. The two named libraries, one in FL and the other in SC, stand to take a huge hit. Also our smaller vendor Library Ideas, LLC (VOX Books, Freegal, etc.) ***The August, 2022 cyberattack was well known. We were aware of the second one in November, 2022 although B&T did not go out of its way to share that with its customers. ***This is the biggest library vendor related $$$ mess I've seen since [ https://www.libraryjournal.com/story/rowecomfaxon-collapse-the-enron-of-the-... | https://www.libraryjournal.com/story/rowecomfaxon-collapse-the-enron-of-the-... ] Many of us who were active in the library vendor world and did business at that time with that particular vendor, like we did, lost sleep over that one, including the composer of this email. Fortunately the loss for my employer of that era, which happens to be same employer in the current era, was sleep only and not $$$. Jim Flury Jim Flury Technical Services Manager The Library Network 41365 Vincenti Court Novi, MI 48375 248-536-3100, ext 133 Note New Fax Number: 248-716-5584 Note New Email Address:jflury@tln.org