So people have been e-mailing me (yes, my e-mail is functioning properly once more) asking me if I’m “happy” about the news that Todd McFarlane has filed for bankruptcy.
The answer is, no, of course not, for two reasons. First, I take no pleasure in the misfortune of others, even if they’ve done me dirt. And second, I don’t think of this as anything other than a canny accounting dodge so that Todd can get out of the debts he owes to people that he’s done dirt to. Tony Twist, to whom he lost two court battles for naming a murderous thug after him; Neil Gaiman, to whom he made countless promises that he then broke; various artists including my past collaborator, Angel Medina, to whom he owes thousands. Depending upon how it plays out, all these people he’s screwed over may wind up getting pennies on the dollar, while Todd winds up “reorganizing” and eventually going back to business as usual without having to properly compensate these guys. Guys who (with the exception of Twist) made only one mistake: Trusting Todd McFarlane.
Granted, I’m not an accountant or a lawyer. So if someone with an accounting or law degree would care to explain that I’m wrong, I would love to hear it. I would very much like to be wrong on this and think that guys like Neil and Angel will be able to get what’s due them.
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