MSIFSMercury Shielded Irregular Field System
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MSIF made a similar strike out application against Mr Foster's action on October 6 on the grounds that the claim is also without merit and is awaiting judgement.
Net Payments was originally incorporated in 1998 as Netshopper (UK) with the help of a MSIF loan.
"Mark Fuller, managing director of MSIF, said: "In October of last year Mr Foster issued proceedings against MSIFseeking damages.