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A Houston woman filed a $123 million 'revenge porn' lawsuit against Facebook Inc. and a former 'friend,' alleging that the ex-friend launched an objectionable 'imposter' Facebook site under her name and that Facebook took months to deactivate the site, despite her repeated requests.
Plaintiff Meryam Ali alleges that the imposter site included Photoshopped photographs 'that depict the true face of plaintiff attached to false, phony, naked body shots, and at least one pose where there is plaintiff in a graphic pornographic-like photo ' purporting to be in the middle of a sexual act.'
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
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