Jazz Odyssey

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What do P2P, the Red Cross and Lawyers Have in Common?

December 17th, 2004 · No Comments

"The music industry maintains that Sharman, the maker of the Kazaa peer-to-peer software, is owned by several companies through a trust fund registered in the Pacific island nation of Vanuatu. The Red Cross is the only beneficiary specifically named in the trust, so the recording industry, which is suing Sharman, is asking the organization to voluntarily freeze the fund until a verdict is reached in the Australian Federal Court. ..Speck says it will simply ask the Red Cross to freeze the fund until a legal outcome in the Australian court case is reached, and hopes the charity will cooperate. "It would be incredibly disappointing if we had to sue them," he says.

Oy.

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