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We don't know anything about the financial situation, but publishers are typically the ones who handle all translations and console porting. They also get a huge chunk, if not all, of the kickstarter money.
Stairway has told us they are working with their lawyers but are not able to tell us more. Once it is settled, Stairway can find another publisher or self publish.
Anything else you read is speculation or guessing, nothing official.
Great info, ty! Bummer to see something like this happen with such a great addition to the genre and a hardworking group of developers.
Yes, they are currently working on the multiplayer update, and update 1.2. There still update 1.3 on the roadmap, and there are still things from the kickstarter that haven't hit the roadmap yet, so we know even more stuff is still coming.