Who in their right mind is going to buy a dating site with 43 million members if you are not allowed access to those members ? Or for that matter anything that may be defined as personal identifiable information. This would be like buying twitter but you don’t get access to twitters users unless they agree to the sale.
“True Beginnings sought permission from the bankruptcy court to sell its assets — including the membership database and all information provided by True.com’s customers — to a Canadian-based online dating service. In the court filing objecting to the membership database sale, Abbott argues that the bankruptcy trustee must first give True.com’s members an opportunity to object to the sale of their personal information. True Beginnings has stated that it merely intends to notify members via email that their personal information has been sold.
However, the proposed email notice does not ask customers to first approve the transfer of their sensitive data. Under the current transfer process, to which the Attorney General objects, data will be transferred unless the customer takes direct steps to opt-out. The Attorney General seeks approval for customers to be allowed to opt-in by having them express approval for the transfer of their personal information.”