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Originally Posted by sperbonzo
Your understanding is incorrect. The owners of Segpay also have an interest in a company named Toccata. Toccata negotiated with the banks on IBill's behalf in order to get what little funds released that have been released.
Some of the people that used to WORK for Ibill now work for Segpay, but not the owners. As for the people that used to work for Ibill and now work at Segpay, this is not their fault. They lost their jobs, and they needed new jobs. They know the billing side of the industry so they stayed in the fields that they knew.
You are wrong about SegPay, they are good people over there. 
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Agree sperbonzo!
Don't do this often, but will with the people in and behind Segpay/Toccata. Their background and track record speaks for itself and they are honorable people.
At least one of whom went further than anyone could expect an individual to do and took the effort and time to extracate many webmasters from iBill and see they got paid. I'll raise my hat to anyone willing to go to these lengths and no question of dealing with folks like that in business.