"More seriously, Granholm's actions might constitute defamation per se of the owners of the sites, according to Internet attorney Larry Walters. "The way I see it, the Webmasters who were falsely accused could potentially assert a defamation action (libel/slander) if any statements about child porn turn out to be false," Walters said. "There will be some privileges involved, and there may be an absolute privilege applicable to statements by the AG in the course of her duties as a law-enforcement officer. The processors also need to be careful since, depending on their contracts with the Webmasters, they may be in breach for disabling sites based on unsupported allegations. In such case, the Webmasters may recover business interruption damages for the time they were down."
So the bottom line is IBILL can GO FUCK THEMSELVES and if you are currently processing with them, get the fuck out. They should NOT have taken that man's site down without proof.
IBILL