Lime Wire To Call It Quits By End Of Year

Law360, New York (December 3, 2010, 8:18 PM EST) -- Lime Wire LLC, whose music file-sharing service drew an injunction in October after the company lost a court battle with recording companies, reportedly said Friday it will be forced to close down by the end of December and shutter its only office in New York.

The company said it had to wind down its remaining operations at its subscription service, LimeWire Store, because of its current legal situation, according to a statement obtained by the New York Times.

“Despite our dedication and efforts, Dec. 31, 2010,...
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