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ML-Implode News - LCC vs. ML-Implode Lawsuit Over

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LCC vs. ML-Implode Lawsuit Over

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Exclusive for immediate release Bay Area based pay option ARM lender Loan Center of California LCC and Aaron Krowne Krowne Concepts Inc Mortgage Lender Implode O Meter have settled the lawsuit which was filed by LCC on May 7 2007 in LCC's home county of Solano CA The suit stemmed from a report from a former LCC employee that was posted anonymously on ml implode com for about a day in mid April 2007 The report alleged that LCC was suffering from financial difficulties and had engaged in improprieties LCC disputed the content of the report and sued Krowne and ml implode for libel claiming that LCC was damaged by the post itself as well as by the implication that the company had imploded ML Implode refused to divulge the identity of the former LCC employee who had provided the information on the principle that the anonymity of news information sources is sacrosanct By the terms of the settlement LCC has dismissed its claims against ML Implode without any admission of liability or any monetary payments The suit was formally dismissed by the court on December 24 2007 Supplementary Resources LCC Lawsuit Fundraising page First LCC lawsuit press release Second LCC lawsuit press release Donate right now to support us against similar threats in the future Epilogue We thank our supporters in the mortgage lending community for rallying forth to keep us running Without the approximately 25 000 donated by the public we probably wouldn't have survived the total direct costs of the suit were about 40 000 and keep in mind we never entered litigation We really couldn't have done it without you and so it really is your site Our sincere thanks goes out to the good people of the mortgage lending and banking community for adopting us and giving us the opportunity to contribute to greater transparency and public dialog in such an important area We feel that the outcome of this suit represents only a partial victory for bloggers and internet based public forums in general The judge in our suit did agree that the site was indeed fundamentally focused on an important topic of public discourse However almost incomprehensibly to us he did not dismiss the suit in line with the letter and intent of the CDA section 230 and California's anti SLAPP law We strongly believe this was a grave mistake As is made clear by the costs we faced in the suit providing a forum for whistleblowing and debate on critical contemporary issues remains a risky and expensive proposition It is virtually death upon challenge for any individual or small scale operation It is thus unclear to us why anyone would ever get involved in such an enterprise if they truly understood the peril they were placing themselves in We certainly would not have if we knew then what we know now At a time when the internet's promise of lower communication barriers for average citizens is becoming a reality the legal system remains the greatest threat to the public's receiving the benefit of this gift Now more than ever we need to provide mechanisms which enable regular people to organize and fight back against entrenched corporate and government interests which have deeply corrupted our economy and society This starts with and relies centrally upon grassroots communication So called anti SLAPP laws such as California's law that we attempted to invoke seem to be more of a fig leaf put out by these interests rather than a genuine attempt at reform Sadly this seems to be the state of affairs across the country and the entire country is worse off for it So we ask for your continued support in fighting this fight because we cannot accept that outcome as a permanent one mdash apk

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