Home > News > With Hosting Payment Due Sunday, Oron Pleas for More Funds • Bookmark   • Newsletters   • Register Search Options

NEWS STORY

With Hosting Payment Due Sunday, Oron Pleas for More Funds

With Hosting Payment Due Sunday, Oron Pleas for More Funds
Get XBIZ News
Jun 29, 2012 10:15 AM PDT    Text size: 

LAS VEGAS — Desperate for cash to stay afloat, operators of file-locker site Oron have made another emergency plea seeking additional funds and an order allowing PayPal to process its payments.

The request to U.S. District Court in Las Vegas was made because two payments totaling $355,000 are due to server hosting company LeaseWeb in the first two weeks of July and its payment processors — CCBill and AlertPay, as well as PayPal — have refused to service Oron.

Without additional funds, Oron told the court that it would not be able to continue in business.

Oron noted that LeaseWeb has required an advance payment for service and that it needs immediate court intervention because the first of two payments — $75,000 — is due Sunday.

Oron counsel also noted that the company had anticipated that it would make those payments from its HSBC bank account in Hong Kong because a Hong Kong High Court order did not prohibit payment of business expenses. But HSBC has refused to disburse funds until the Hong Kong court holds a hearing on the asset order on July 7.

Gay adult company Corbin Fisher last week sued operators of Oron.com for $34.8 million in damages, alleging they had knowledge of and induced the trading of pirated porn on its site.  

PayPal, AlertPay and CCBill were ordered to freeze Oron accounts; VeriSign also was ordered to freeze the Oron.com domain name from any transfers.  

At the same time, Corbin Fisher served Oron in Hong Kong with an injunction prohibiting disposal of assets in Hong Kong. In the Hong Kong order, Oron operators were enjoined from disposing or diminishing in value of its assets up to $3 million.

Earlier this week, U.S. District Judge Gloria Navarro agreed with Corbin Fisher attorneys that Oron didn't provide any itemization or accounting for the court to consider and allowed it to withdraw only $100,000 to keep the site afloat and pay off lawyers.

Oron had been asking the court to withdraw $350,000 in funds.

In related news, Oron's reported chief executive, Maxim Bochenko, asked the court today to dismiss him as a defendant.

Bochenko said that personal jurisdiction does not exist in the case because he doesn't work for Oron.

"Mr. Bochenko is a resident of the ctate of Florida who is a Russian citizen living in the U.S. through a green card," the motion said. "Mr. Bochenko has never been an employee of [parent company] FF Magnat Ltd. or any affiliated company."

"The only connection between this forum and Mr. Bochenko is a two-day personal vacation he took to Las Vegas five years ago."

The motion to dismiss also said that a decision to name Bochenko as defendant is based solely on a belief that Bochenko and Roman Romanov, also named in the suit as a Bochenko AKA, are the same person.

"Mr. Romanov is a childhood friend, who Mr. Bochenko believes currently resides in Russia," the motion said.

More ways to get XBIZ News:  RSS Feeds  |  E-Newsletters  |  Desktop Widget  |  Mobile
Looking for porn star news and behind-the-scene videos? Check out XFANZ.com !

EDUCATIONAL FEATURES

Understanding 'Camming Sociology' Can Enhance Interactions

After working for six years in the live cam industry as a cam model and almost double the amount of time studying — while working simultaneously — how relationships work in cyberspace, I am... More »

Proper Fisting Techniques for Gentle Stimulation

Does the phrase “anal fisting” make your sphincter clench in terror? Does it seem like an urban legend or an extreme party trick? Most people scoff at the idea of trying it because it sounds... More »

Camming Games, Contests Keep Customers Engaged

Last issue, I talked about the importance of changing up the ambience in a cam model room via new décor and small visual tweaks, to keep viewers engaged long-term. This time, I’d like to discuss... More »
XBIZ NEWSLETTERS
Stay informed of the latest industry developments. Get XBIZ newsletters delivered to your inbox. Subscribe today!
Enter email address:

* To manage existing subscriptions click here.






POPULAR PRODUCTS & SERVICES
Submit your press release to
multiple news outlets with 1 click.
Subscribe to RSS news feeds or
add free content to your website.
Access XBIZ news and articles
with your mobile device.
Access the latest issues of the industry's leading trade publications in digital form. View online or download for offline viewing.

UPCOMING EVENTS

XBIZ Retreat

May 30 - Jun 03
Miami, Florida

XBIZ Miami 2017

May 30 - Jun 02
Miami, Florida

XShow 18+ 2017

Jun 01 - Jun 03
Moscow, Russia

Cam Summit

Jun 02 - Jun 04
Lloret de Mar, Spain
Everyday thousands of business professionals browse XBIZ's industry directory for quality products and services. Not listed yet? Your company could be losing potential new business. Submit your company today!
Use XBIZ RSS feeds to stay informed of the latest industry developments or as a content syndication tool for your website!