05-30-2011, 06:41 AM
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Giggity
Industry Role:
Join Date: Jul 2003
Location: S.E. Asia
Posts: 31,779
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Quote:
Originally Posted by Barry-xlovecam
I think that SegPay might claim the affirmative defense of being a "holder in due course" as to liability like a bank financing an auto purchase with a loan ? they are not responsible for the product itself.
However, if they are found be knowingly entering into contracts (billing processing) for unlawful purposes (e.g., the sale of copyright infringing products) they may find themselves with no legal defense.
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They know now.
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