Record Companies Seeking $75T in Damages from Lime Wire
Record companies asked the courts for $75 trillion in damages (that is trillion, with a "T") in the Lime Wire copyright case. That's reasonable, right?
The record companies, which had demanded damages ranging from $400 billion to $75 trillion, had argued that Section 504(c)(1) of the Copyright Act provided for damages for each instance of infringement where two or more parties were liable. For a popular site like Lime Wire, which had thousands of users and millions of downloads, Wood held that the damage award would be staggering under this interpretation.
