Debts cleared, MacAdam/cage returns.(Indie Publishing)

After nearly four years of disruptive financial problems, San Francisco independent publishing house Macadam/Cage has paid off the bulk of its debt and looks ready to resume normal publishing operations. The house has hired Sonny Brewer as its new editor-in-chief and will launch its first list in two seasons in March.

MacAdam/Cage publisher David Poindexter said the house--which once had 14 employees and published 36 books a year--has paid off "80% of our debt and we'll take care of the balance this year. Financing is in place to take care of the debt and to fund our publishing." It's been a long and mostly unpleasant ride for the publishing house, which was battered by …