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logo This is one of the most concise, and easiest to understand, explanations of the settlement that I have seen.  Every author should take a look at this short article and be sure that they understand it.

For the purpose of explaining it simply, we can divide books into three fundamental categories: 1) Those whose copyright is currently in effect and the copyright owners have been located; 2) Those whose copyright protection has expired and have entered the public domain where anyone may publish them without obligation to the copyright owner; and 3) Those whose copyright is currently in effect but the copyright owners have not been located or have not asserted their ownership.
If you’re in the first category you are afforded a large measure of control and protection including the right to opt out of the Google settlement. By opting out, you retain the right to file your own lawsuit or join a separate lawsuit against Google. If you opt out, you will not be entitled to receive any payments under the Settlement, or take advantage of other Settlement benefits. You must submit your opt-out instruction online or postmarked on or before May 5, 2009.

 
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