Fergie's Tech Blog

Sharman Networks CEO in Sydney Court

An AP newswire article by Mike Corder, via ABC News, reports that:

The chief executive of the company that owns the Kazaa file-sharing network on Friday denied hastily selling her multimillion dollar Sydney mansion and sending the proceeds to the tax haven of Vanuatu to make sure record company lawyers could not get their hands on it.

The denial capped more than four hours on the stand for Nikki Hemming at the Federal Court of Australia in Sydney. She was cross examined on two affidavits she wrote detailing her assets ahead of a possible court order for damages against Kazaa's owners for authorizing widescale copyright breaches by users of the so-called peer-to-peer network.

Hemming's appearance marked the first time such a senior executive linked to Kazaa has taken the stand in a long-running legal battle between Australian record labels and Kazaa.

posted by Fergie @ 4/28/2006 08:35:00 AM