Date: Tue, 29 May 2001 13:13:54 -0400 (AST)
From: Ian Grigg <iang@kostunrix.cryptohill.net>
To: webfunds-users@webfunds.org
Reply-To: iang@systemics.com
Subject: [Webfunds-users] papers served / DigiGold to sue Systemics? / long hot summer

W.r.t. to the terminated agreement with the e-gold group in general
and the DigiGold company in particular, papers have just been
served on myself and Systemics (as of 12:25 Tuesday 29th May 2001).
 
The nature of the papers is unclear at this stage, as they are long
and legally worded.  They do speak of DigiGold servers and injunctive
relief and so forth, as well as apparently forbidding me to leave the
island of Anguilla!  On my first reading, I found no mention of 
payment towards outstanding and ongoing support costs.  No doubt,
the bevy of lawyers they have retained will probably leave little over
for operations.  
 
Support for all projects will be a little loose in the forthcoming
period as I'll have to devote much time to understanding and in all
probability defending Systemics and myself from these filings.
 
Even up to minutes before, there was a dialogue going on in email
with Barry Downey, his two lawyers and the management team of
DigiGold, in an attempt I thought to reach some sort of understanding
as to their position (potentially leading to a resolution).
 
However, the papers were filed on Friday last, and given the weight
of the documents served obviously took some time to prepare.  This
is not a light action on their parts.

In summary, I will be distracted.  I'll attempt to hand over  
support of the projects to someone else so as to minimise the  
disruption caused to others.  
 
iang


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