The Axes and Arcana imprint was, presumably, set up by Black Dog Game Factory as ploy to make money off of Magicians of the Bay's OIL license; the name was a cheap attempt to make fans think of Labyrinths & Lamiae, with a not-too-subtle nod and a wink. One of the companies which they routinely gouged published was Death Lord Games.
The A&A line was developed by André Gates.
Background Information
Axes and Arcana was a parody of White Wolf's Sword & Sorcery imprint, designed to publish and take advantage of the d20/OGL license. It was developed by Andrew Bates.