Judge Limits Damages In Lime Wire Copyright Suit

Law360, New York (March 11, 2011, 2:05 PM EST) -- A New York federal judge on Thursday capped damages for which Lime Wire LLC may be liable in the recording industry's copyright suit, rejecting a theory that could have put the file sharing company on the hook for trillions of dollars.

Judge Kimba Wood of the U.S. District Court for the Southern District of New York signed an order holding that the plaintiffs — a group including Warner Bros. Records Inc., Motown Record Company LP and Sony Music Entertainment — are entitled to a single statutory...
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