NEWS STORY
With Hosting Payment Due Sunday, Oron Pleas for More Funds

23.83% |
47.15% |
29.02% |
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.
See all current articles in > adult industry news > web and techonology
Related Articles
RSS Feeds | E-Newsletters | Desktop Widget | Mobile
XBIZ Newswire > Adult industry news service for the media
XBIZ Premiere > Adult industry magazine for the retail market
VIDEO NEWS
L.A. County Drops Complaint Against Immoral Productions
Erotique Entertainment Signs 6 Girls to Non-Exclusive Deals
'Laverne & Shirley XXX: A DreamZone Parody' to Shelf in August
Julie Simone Heads to Munich for 'BoundCon X' Fetish Show
Rock Star Entertainment Wraps 'T&A' for Adam & Eve
Pure Play Media Introduces Trans 500 Studios
NOVELTY NEWS
'Big Al' Peterson, Founder of Spartacus Leathers, Dies
Liberator Creates 'Erotic Arts' Brand Category
California Exotic Novelties Nominated for ETO Award
pjur Releases 1st Additive-Free Lube
Tantus Sponsors, Participates in Triathlon
Sportsheets Presenting at Barcelona ‘Dildos Assorted’ Trade Show
RETAIL NEWS
Jessica Drake to Host Sex-Ed Workshops at Fascinations Stores
Angelina Valentine Promotes New Production, Clothing Company
Pleasure Chest Announces Upcoming Events
Larry Flynt Closes Sale on Hustler Headquarters in Beverly Hills
Farrah Abraham to Appear at EXXXOTICA South Florida
1st Vivid Gentlemen's Club Opens in N.C.
QUICKBITE FEATURES
According to Planogram - Setting Up Retailers for Success
Dev Depo: Modernizr, Finding a Perfect Fit
Dev Depo: Modern.IE, Eases Internet Explorer Development
multiple news outlets with 1 click.
add free content to your website.
with your mobile device.
|
Will a surfer pay for porn? interesting stats
paul markham
|
|
Looking for feedback on banners - Critique away...
SecretToolbox
|
|
Companies / Studios located in Amsterdam & Sweden?
Siep Kuppens
|
|
Webcam performers/models age, sites, earnings, hours worked etc Straw Poll of 200
Siep Kuppens
|
|
Google XXX: Porn industry planning to use Google Glasses technology to make films
WhIteSidE
|
|
Please "Spam" Me - CANADIAN Companies
K R I S T E N
|
|
Came to Miami? Please pop in...
Barefootsies
|
|
HaloBoys Mobile Web App
Mitchel White - HaloBoys
|
|
Is the adult industry included in this "settlement"?
PGBoss
|
|
Siri is most the retarded voice recognition.
tofu
|
FIND PRODUCTS & SERVICES

UPCOMING EVENTS





All News / Editorial





