Web Hosting E-Commerce Firm, iMergent, Reports Litigation Progress
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Orem, Utah - (Cheap Web Hosting Directory) - October 26, 2007 - E-commerce web host, software and services provider for small businesses and entrepreneurs, iMergent, Inc., provides an update on its Australia and California litigation.
On October 19, 2007, the Federal Court of Australia New South Wales District Registry ruled on a request for an injunction by the Australian Competition and Consumer Commission (ACCC). The court declined to enter an injunction that would bar iMergent from conducting business in Australia.
The court, on a temporary basis, did not limit the company’s ability to conduct business in Australia but did require the company to provide information to the ACCC and provide certain disclosures to purchasers. The court has directed the parties to agree on the form of the orders giving effect to reasons by the court, by October 26, 2007. The court has not yet scheduled a hearing on the request for a permanent injunction. Consequently, the company is proceeding with the scheduled workshops in Australia during the week of October 22, 2007. The company expects to fully comply with the orders of the court.
On October 16, 2007, the company received an order from the California Court of Appeals dated October 12, 2007 that denied the writ of supersedeas filed with the California Court of Appeals. The writ was filed in an attempt to stay enforcement of the preliminary injunction entered by the Ventura County Superior Court on the grounds that the preliminary injunction constitutes a mandatory injunction mandating such a stay. The denial was without explanation and does not affect any right of the company to appeal the underlying ruling or the actual entry of the injunction.
For more information about iMergent, please visit: www.imergentinc.com.
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