Hat tip: BillboardPostPlay.
The assets of Sharman Networks, the maker of the Kazaa peer-to-peer software, have been frozen pending the outcome of a lawsuit brought against the software-maker by the recording industry.
The personal assets of Sharman's directors, including their homes, have also been frozen following the latest legal push. Australia's Federal Court heard the music industry's motion in Sydney on Friday. . . .
The suit alleges Sharman has directly and indirectly infringed on the recording companies' copyrights, violated Australian fair trade laws and conspired to harm the music industry.
The Federal Court will reconvene on March 22 and hear final oral submissions.