Fusion Media is no more

[corky20]

Originally Posted by Dunstan

Can I just say hats off to the_saint, Furbs, Jon and admins etc who are doing whatever they can to help the other members.

Agreed. I haven't been affected by the situation with giveaway but they have been doing a great job to help everyone who has been affected by the situation!

[rollingsta]

I cant beleive its finaly come. We knew it was gonna happen.

[claire80]

i would also like to thank those that are helping , i think i can kiss goodbye to my £700 i been owed for the past 8 months but you never know i may get a little something ...

[tombsc]

Is there a legal difference between those of us with verified greens, and those with unverified greens?

[-null-]

Originally Posted by FurbtasticM

It really depends what assets they have left.

• There may be some office equipment but that is unlikely to be worth anything.

If it's anything like the place I worked when it went under the employees will have smuggled most of this stuff out by now because they know the chances of getting any pay they are owed are slim to none.

Just goes to show though, sometimes it's good to be rubbish at something

[FurbtasticM]

Originally Posted by tombsc

Is there a legal difference between those of us with verified greens, and those with unverified greens?

There is obviously no issue with anyone who has placed their order or is awaiting goods from Reversebid. Those are confirmed debts.

As for everyone else, I've discussed that with the IPs here. The general view is that people shouldn't be denied the right to claim as a consequence of the companies failure to update pendings, deal with custom order requests or verify accounts (over an eight month period!).

If I were running the case I would provide full information to anyone whose account was unverified. I would not, however, look at agreeing those contignent claims in the liquidation unless and until there was money to pay out. If that point ever came and the amount at stake was worthwhile, I would probably look to update everything and run a final verification at that stage.

At the end of the day though, whoever takes on the case will make their own decision on how to deal with things.

[Harvez]

to most on here that will be as clear as mud lol.

[FurbtasticM]

Thanks for that gem of helpfulness Harv.

Assuming you understand it, perhaps you could translate into plain English for me, cheers buddy.

[Harvez]

what i mean was not a go at you so wind it in.
people on here wont understand all the jargon and just want to hear if they are going to get their money or not.
im sure they all appreciate your helpfulness but try make it in laymens terms

[FurbtasticM]

Originally Posted by harvez

what i mean was not a go at you so wind it in

I knew I was missing something when I stopped posting


Laymans terms:

If there is enough money in the pot, then the liquidator can update and verify accounts (with GAs help) Those that pass can then claim.

Will people get their money? Who knows, time will tell. If I was a betting man.....

[Amiethest]

......you wouldn't be placing that bet.

[the_icks]

thats presuming

a) that there is still a TD account to verify any outstanding pendings.
b) the information is still available, people cannot access their accounts to confirm details. So all about trust. And Giveaway never had a custom/per green rate anyway so there is no obligation for people who have not completed/clicked toe order button (I may be wrong)

[FurbtasticM]

Originally Posted by the_icks

And Giveaway never had a custom/per green rate anyway so there is no obligation for people who have not completed/clicked the order button (I may be wrong)

I would agree with you in an ongoing scenario but not now, where people cannot verify (or get the greens they need to verify) due to GA's failure.

[the_icks]

but surely if they offered an either/or scenario then there is no 'also'

people with single greens have not completed their side of the contract... I mean, yes it is 'partial consideration'

Be interesting to see, I have a couple of single greens, and a couple of offer completions.

[FurbtasticM]

Originally Posted by the_icks

people with single greens have not completed their side of the contract... I mean, yes it is 'partial consideration'

I'm only expressing my view on how I would deal with if I had the liquidation. As I said above (unfortunately, not in very good/clear English it seems), I would accept that people had potential claims but only worry about looking at those more closely if there was money to pay out.

We're back to famously speculating again though and I am not planning on getting into arguments in an open forum that GA can presumably still see.

If anyone has any questions they think I can help with, best PM me. Cheers.

[mdnl]

So since I had verified on my 9 greens, does that make my claim for my money better than someone who hadn't verified?

[ainsleee]

Furb cant you petition to take on the case?

[the_saint]

Originally Posted by ainsleee

Furb cant you petition to take on the case?

Conflict of interests!?!?!?!?!?!?!??!?!

[ainsleee]

Originally Posted by the_saint

Conflict of interests!?!?!?!?!?!?!??!?!

Uhm ok, petition to take on the insolvency.

[the_saint]

Originally Posted by ainsleee

Uhm ok, petition to take on the insolvency.

You mean to be the guy who runs the company, realises the assets and dishes them out?! Big conflict of interest to have a creditor of the company doing that!!

Not that i'm doubting Furbs integrity (and i'm sure he won't mind me saying this) but would you want someone who is owed money from them handling that?! I wouldn't, whats to stop them paying themselves to the detriment of everyone else? That's where the conflict is.