Another major peer-to-peer file sharing platform will soon face obscurity as well as a potentially crippling damages payout. LimeWire was recently told by a U.S. District Court in New York to shut down its peer-to-peer file-sharing system, after being held liable for copyright infringement.[1] The RIAA, Recording Industry Association of America, filed suit about four years ago claiming that “as much as 93 percent of LimeWire’s file sharing traffic was unauthorized copyright material.”[2] This was the first time since the Supreme Court ruled in MGM Studios, Inc. v. Grokster, LTD that a file sharing software maker was targeted. The RIAA claims that LimeWire owes trillions of dollars in damages for enabling distribution of copyrighted songs, a claim the federal judge presiding has deemed to be “absurd” yet admits this is the first time “a court has been asked to consider the issue of whether a copyright holder can … Read the rest