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Old 07-30-2007, 01:05 PM
Backspin20 Backspin20 is offline
Senior Member
 
Join Date: Oct 2006
Location: South of Boomswich, NJ
Posts: 845
Default Re: Neteller funds are now available

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Here is the release that you have to agree to to withdraw your funds:

Release

You and NETELLER Plc Group (each, a “Releasing Party”) mutually release, waive, and discharge each other (each, a “Released Party”) from any and all manner of actions, causes of action, suits, promises, damages, judgments, executions, claims, counterclaims, demands, and any other form of liability whatsoever, in law or equity, known or unknown, that the Releasing Party ever had, now has, or hereafter can, shall, or may have against the Released Party from the date You opened Your Account to the Effective Date with respect to Your request to receive funds under the Distribution Plan and Your Account.

The additional definitions below apply to this release:

“You” or “Your” refers to you and any of your assigns, heirs, executors, agents, or anyone else acting on your behalf or in your capacity.

“NETELLER Plc Group” means NETELLER plc and its predecessors, successors, present and former affiliated companies, subsidiaries, assigns, officers, directors, stockholders, employees, and agents.

“Your Account” means your online stored value account with the Neteller plc Group, or any of them, which holds electronic money.

“Distribution Plan” means the distribution plan announced by NETELLER Plc Group on 4 June 2007 pursuant to agreements with the United States Attorney’s Office for the Southern District of New York and Navigant Consulting, Inc.

“Effective Date” means the date on which You successfully withdraw funds from Your Account under the Distribution Plan.

NCAces

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You don't have to agree to the release to withdraw. I didn't.

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I havent made the withdraw yet because of this release. It reads pretty cut and dry but Im not sure which is the best option at this point. Prob the best is to agree and be done with Neteller all together. If a class actions suit does come together, Im thinking it could prob just be for the interest on our monies?