AfterDawn: Tech news in double trouble

Written by Jari Ketola @ 07 Mar 2001 6:16 suffered a double blow on Tuesday. First they lost the copyright battle with independent record label TeeVee Toons Inc., which means more damages to pay for copyright infringements.
The secold blow came from one of's insurers seeking a ruling it doesn't have to cover's losses caused by copyright infringement claims.

Westport Insurance Corp. said had demanded coverage for losses caused by the service. Westport denied coverage because, according to them, misrepresented its business practices and entered into settlements without Westport's consent.'s stock fell 14 percent on Nasdaq.

Previous Next  
Comments have been disabled for this article.

Latest user comments

News archive