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LimeWire is incorporated as an LLC but plaintiffs are trying to pierce the corporate veil and name the founder personally.
by mnutt 16y ago
LimeWire is incorporated as an LLC but plaintiffs are trying to pierce the corporate veil and name the founder personally.
- redthrowaway 16y ago>plaintiffs are trying to pierce the corporate veil They're also trying to get a $75T judgment. I'd suggest what they are seeking and a likely reality don't overlap much.
- mnutt 16y agoIn this case, the court gave them exactly what they asked for: "As a result of the actions and benefits described above, Lime Group and Gorton are liable for LW’s inducement of infringement. See Capitol Records, Inc., 218 F. Supp. 2d at 284-85; Blum v. Kline, 1988 WL 52916, *2 (S.D.N.Y. May 17, 1988) (finding that president of defendant corporation could be found liable for infringement because he “owns all of [the corporation’s] shares and is responsible for [its] daily activities.”)." (full summary judgement here: http://www.scribd.com/doc/31272055/Arista-Records-Summary-Judgment-Opinion http://www.scribd.com/doc/31272055/Arista-Records-Summary-Ju...)
- redthrowaway 16y agoWell that's mildly disappointing. I guess he'll have to declare bankruptcy. I still think the judgement should be payable in mass emails of pictures of $20 bills.