U.S. District Judge Denny Chin set a September 15th ultimatum for Google to strike a revised settlement with The Authors Guild and the Association of American Publishers.

Here’s more from Reuters: “Chin said if the dispute is not ‘resolved or close to resolved in principle’ by mid-September, he will set a ‘relatively tight schedule’ for the parties to prepare for a possible trial … ‘One thought is to put you on a schedule, give you a deadline.’”

In March, Chin rejected the $125 million settlement negotiated between these parties. Follow this link to read his complete decision. The judge held a hearing today to see how much progress was made on a revised settlement. We will update this post as the story develops today.