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Kazaa's Australian Assets Frozen

Posted by Zonk on from the high-court-smackdown dept.

sandstorming writes "Wired is reporting that Sharman Networks (the creators of Kazaa) and Altnet (which licenses technology to Kazaa) have had their assets frozen in the country of Australia. The verdict comes almost four months after the start of the trial prompted by five record company suits. The Australian federal court will convene on March 22nd for final oral submissions, and the verdict is expected several weeks later. Is this the beginning of the end for Kazaa?"

3 of 137 comments (clear)

  1. This is why by Tavor · · Score: 4, Funny

    you should always keep your money in Swiss banks...

    --
    Windows has detected an undetectable error.
  2. This is the End by Anonymous Coward · · Score: 5, Funny

    I'd say this is the end of the beginning of the end.

    I mean even if they did win. They'd have to install alot of spyware to pay for all the court costs.

  3. Re:first post! by Anonymous Coward · · Score: 4, Funny

    I might be a cynic but this could be a bad idea because of the influx that all 3 Kazaa users will generate when they switch over to other networks, I mean do you really want longer queue lines? I know I don't.