Originally Posted by FightThisPatent

LOL.

the problem is that what moneys that were owed to webmasters, the liabilities were to the old iBill.. the new iBill, whether you think of it as segpay or ibill.net don't have the direct liability.

if there was fraud, then the corporate veil can be pierced and officers can be held liable.

you would need to fire up a class action lawsuit by some attorney who would try to uncover the muck.. once he's done that, and the court does find executives guilty, then collecting the judgment is another matter.. and then after some money was squeezed out of former cold ibill execs hands, the lawyer will probably take like 60%.... and the rest is split up among the defendants... and then since you probably claimed the money withheld from ibill as a loss on your corporate taxes, that you will then be taxed on the $5.32 that each plaintiff would receive.