Foster Demands RIAA Post $210K Security For Fees
NewYorkCountryLawyer writes "A few days ago it was reported that, in view of the RIAA's one-month delay in paying the $68,685.00 attorneys fee award in Capitol v. Foster, and its lawyers' failure to respond to Ms. Foster's lawyer's email, Ms. Foster filed a motion for entry of judgment so that she could go ahead with judgment enforcement proceedings. In response to that motion the RIAA submitted a statement that it had no objection to entry of judgment, and intimated that it thought there would be an automatic stay on enforcement of the judgment, and that it would ultimately file an appeal. After seeing that, Ms. Foster's lawyer has filed a motion for the Court to require the RIAA to post $210,000 in security to cover the past and future attorneys' fees and costs that are expected to be incurred."
Surely it would be better for the RIAA to just pay up and stop all the publicity about the case. Of course, that probably wouldn't be the best for its lawyers, which suggests where the real balance of power lies. I wonder when the record companies' shareholders are going to come to that realization. They seem a little slow.
Ray Beckerman +5 Insightful