Home > News > Oron Denied Request for Additional Funds • Bookmark   • Newsletters   • Register Search Options


Oron Denied Request for Additional Funds

Oron Denied Request for Additional Funds
Get XBIZ News
Jun 29, 2012 6:45 PM PDT    Text size: 

LAS VEGAS -- A federal judge didn't buy Oron's explanation for needing $355,000 in additional funding to keep on operating and has denied its request.

In her order, U.S. District Judge Gloria Navarro said Oron did not provide any evidence to demonstrate that the money was already used to pay other costs or expenses.

She said that $100,000 in funds earlier withdrawn should have covered Oron's bill with LeaseWeb.

"Furthermore, any future requests must be accompanied by a full accounting of defendants accounts and presented with appropriate documentation and any future requests for additional funds shall state the amount requested in U.S. dollars," she said.

Oron attorneys earlier today stated their request for $355,000 in additional funding in euros, which Corbin Fisher noted in a footnote in its opposition.

"In Oron’s prior motion, it converted the funds it requested from euros to American dollars," Corbin Fisher said in the footnote. "Presumably, it did not do so in the instant motion in the hope that the court would not notice that it was requesting almost the exact same amount."

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.  

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.

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 !


E-Stim Basics: Selling Customers on Powerboxes as Pleasure Tools

Electrosex is a commonly misunderstood pleasure practice for good reason: Most of us have negative associations with electricity; maybe we’ve been shocked after rubbing our feet across a carpeted... More »

Search Oftentimes Is Left to Chance

Adult content is frowned upon in search, whether in paid, organic or social. With the big algo updates from the past few years, Google has cleaned up search, trying to get rid of spammy and low-quality... More »

Five Tips to Generate Repeat Business

A $50 sale is great. But what if you could get that same $50 sale to come back four times in the next few months? Here are some ideas how to achieve that. 1) On your receipts, you should have an option... More »
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.

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.
Subscribe to XBIZ Premiere magazine, the industry's leading adult retail trade publications, delivering the most timely and comprehensive business news and information to producers and retailers of adult products.



Nov 04 - Nov 06
Edison, New Jersey

2016 Inked Awards

Nov 05 - Nov 05
Edison, New Jersey

XBIZ 2017

Jan 09 - Jan 13
Hollywood, CA

XBIZ Awards 2017

Jan 12 - Jan 12
Los Angeles, CA
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!