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ExtraTorrent.cc > Articles > Anti-Piracy Law Firm’s Boss Scared of Going Bankrupt

Anti-Piracy Law Firm’s Boss Scared of Going Bankrupt

Anti-Piracy Law Firm’s Boss Scared of Going Bankrupt

Added: Wednesday, October 20th, 2010
Category: Recent Headlines Involving File Sharing > Current Events
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2010, www.extrattorrent.com
After annoyed notification recipients sent a great number of complaints to the SRA (Solicitors Regulatory Authority) against anti-piracy law firm ACS:Law and its owner Andrew Crossley, the latter confessed his adviser that he felt defeated and considered to better “shut up shop”, which would undoubtedly bankrupt him.

Despite growing criticism and the constant pressure of numerous complaints about ACS:Law’s conduct delivered to the SRA, the firm’s boss has remained strong in public. However, behind closed doors, his feelings were a bit different, as was revealed by leaked emails. Just last month he wrote to his adviser that he was worried about the 500 complaints against him, all of them being similar and coming from a determination to prevent legal steps being taken to reduce unauthorized file-sharing. At the same time, the law firm’s boss had no idea how to avoid being found guilty of the accusations contained in those 500 complaints.

This confession can be quite empowering for people who spent their time writing to the RSA, especially those who thought it all has been in vain. Even though a Solicitors Disciplinary Tribunal has yet to hand out its decision, at least their efforts have seriously got under Andrew Crossley’s skin.

Despite the firm’s boss has been pulling in enormous amounts of money, email leak confirmed that he in fact paid most of his employees very little. However, the costs of operating the business had experienced a spiraling growth, leading to cash-flow and other financial troubles. For example, one of the emails revealed that the ACS:Law still hadn’t paid a year-old invoice from national Internet service provider Entanet, supplying the law firm with users identities. Besides, among other entities claiming their money there were O2 and Media CAT.

Well, probably such financial frictions can be considered a daily event for most organizations, but for a firm which is already under pressure, and an owner considering its future viability, these can only be added pressures. As the firm’s boss revealed in the email to his adviser, the company’s future was hanging on the success, or failure, of its Speculative Invoicing model.

Even before the whole story with leaked email database, Andrew Crossley said he felt defeated and was going to shut up shop. One can only imagine how he’s feeling now.

Thanks to TorrentFreak for providing the source of the article

October 20th, 2010

Posted by: 

Date:  Wednesday, October 20th, 2010

Comments (3) (please add your comment »)

posted by (2010-10-20 18:42:02)
No avatarAWWWWWW what shame well i think not feel the pain some of what you have given out ( so it must be true what gose aroud comes around )
he he

posted by Turtle (2010-10-20 21:21:08)
D4T4 avatar"At the same time, the law firm’s boss had no idea how to avoid being found guilty of the accusations contained in those 500 complaints." So he admits he will be found guilty. go people go. Sue Sue Sue. Take him to the cleaners like he tried with us. Thanks Sam, you are the man.

posted by (2010-10-20 21:33:15)
Noch avatarlol aint karma a biatch, and "speculative invoicing " dude u deserve to lose ur business for that kind of crap. hope bankruptcy court cleans u out completely.

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