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Kazaa's Australian Assets Frozen

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?"

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