20 Quatloos on "disruptive"
No. Dragoneer did not provide clear title when he 'sold' that which he did not own. IMVu's accountants and lawyers had best prepare to unmerge the non-existent merger.
IMVU, for all its shortcomings, is a legit business. They have to answer to their owners (what was it again, BestBuy's board of directors?). There wouldn't have been a merger if Piche had been unable to procure final and absolute documentation, IMVU's legal department reviews that kind of stuff as per SOP. Ferrox LLC claimed ownership over FA's assets, codebase and all, for years undisputed by Arcturus, a fact that doesn't exactly lend credence to his assertion. Be it as it may, the burden of proof rests on his shoulders, not IMVU's, so he would need to hire a lawyer to contest Piche's papers. Which he probably would've already done if he had a watertight case...
I've learned that you're very narrow-minded, that's what I've learned.
Let's try another analogy, perhaps it'll sink in.
Business law doesn't deal in analogies, only in prevailing legal norms. Of which there exist different ones for both video stores and websites.