Cybersocket's case was in regards to unpaid advertising, not credit card processed sales.
IBill's apparently also given out some 15 million of preferred notes with security liens to Marc Bells group, so I'd say at this point you can all kiss your money goodbye...
Suing them isn't going to get you anywhere, especially if they file bankruptcy.
If you're actually allowing them to do rebills for you, my suggestion is to cancel all the members, refund them as much money as you can and try to get them to sign up with your new processor.
Not like you're going to see anything they collect anyway.
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