gonzo
11-01-2006, 03:30 AM
LOS ANGELES — The parent company of iBill may be banking on a central legal strategy as an unknown number of adult webmasters pursue litigation against it for nonpayment of an untold number of processing reserves.
In a recent complaint brought on by Mana Internet Solutions Inc., which operates IwantU.com, the former third-party processor claims that it can’t be held liable for an alleged breach of an agreement when it never entered into one.
Mana, in a complaint filed in U.S. District Court in Miami, claims it is owed $83,000 plus attorneys fees and interest.
“What it looks like is that iBill is saying, we don’t have the assets but we’re not going to be forced into bankruptcy,” Los Angeles attorney David Steiner, who represents Mana, says. “They’re saying that when purchased iBill, they only purchased the assets, not the liability.”
That is parent company IBD’s response in a motion to dismiss a complaint brought on by Costa Rica-based Mana over a "diversity" between the parties over amount owed.
IBD claims that since its “not a party to the [Mana] agreement and thus not obligated thereunder, the accounting claim against IBD must be dismissed without prejudice,” the motion said.
Miami attorney Joshua E. Young, who represents IBD, did not respond to repeated calls for comment on the Mana case. Neither did company executives Gary Spaniak and Steve Markley, who were both unreachable at post time.
iBill’s tangled mess can be pinpointed at its corporate acquisition and woes it incurred with a partnering credit card company.
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Are these the type of people you want handling your money???
[I]more on the Ibill fucking here (http://www.xbiz.com/news_piece.php?id=17896)
In a recent complaint brought on by Mana Internet Solutions Inc., which operates IwantU.com, the former third-party processor claims that it can’t be held liable for an alleged breach of an agreement when it never entered into one.
Mana, in a complaint filed in U.S. District Court in Miami, claims it is owed $83,000 plus attorneys fees and interest.
“What it looks like is that iBill is saying, we don’t have the assets but we’re not going to be forced into bankruptcy,” Los Angeles attorney David Steiner, who represents Mana, says. “They’re saying that when purchased iBill, they only purchased the assets, not the liability.”
That is parent company IBD’s response in a motion to dismiss a complaint brought on by Costa Rica-based Mana over a "diversity" between the parties over amount owed.
IBD claims that since its “not a party to the [Mana] agreement and thus not obligated thereunder, the accounting claim against IBD must be dismissed without prejudice,” the motion said.
Miami attorney Joshua E. Young, who represents IBD, did not respond to repeated calls for comment on the Mana case. Neither did company executives Gary Spaniak and Steve Markley, who were both unreachable at post time.
iBill’s tangled mess can be pinpointed at its corporate acquisition and woes it incurred with a partnering credit card company.
**********************************************
Are these the type of people you want handling your money???
[I]more on the Ibill fucking here (http://www.xbiz.com/news_piece.php?id=17896)