ORON CLOSED... Can't Pay Vendors [?]

ardo

Member
Mar 2, 2010
212
5
Oron last month was hit with Corbin Fisher's $34.8 million suit, alleging the file-locker site is liable for rampant copyright infringement. Almost immediately, a federal judge in Las Vegas signed orders for a temporary restraining order effectively freezing all of its assets, with the exception of $100,000 for business expenses.

Yesterday, without warning, Oron.com disappeared from the Internet.

Oron told the court that Corbin Fisher's counsel has bombarded the file-locker site with so many legal motions, it has blown through its limited funds on legal fees.

"It has long been Oron’s belief that plaintiff’s true purpose in filing its complaint, its ex parte documents, and its subsequent motions was solely to destroy Oron," Oron attorneys wrote. "Indeed, [Corbin Fisher counsel Marc Randazza] stated in a July 4, 2012 email to Oron’s attorney: 'I prefer to kill Oron altogether and keep all $3 million.'”

Oron attorneys said that because of Corbin Fisher's relentless campaign to incur huge legal bills and because it was provided only $100,000 for business expenses by the court, it can't pay vendors, including its host, LeaseWeb.

"This combination created extraordinary financial stress and achieved the inevitable — Oron’s website has been shut down and, most likely, Oron will lose a majority of its customers," Oron attorneys said.

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http://torrentfreak.com/oron-cyberlocker-disappears-filehost-reportedly-relocating-120802/

:eek:hnoes:

http://newswire.xbiz.com/view.php?id=152179