Exclusive: Motion to Freeze Limewire Assets Denied

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The RIAA will not be freezing Limewire assets after all, according to a judge’s order shared exclusively with Digital Music News.

The order denies an RIAA motion but does not reverse the original decision against Limewire.  If nothing else, it offers needed breathing room during the damages phase.  “While we believe this is a positive development in the case and one that certainly benefits our global user base, it doesn’t alter our long-stated strategy,” a Limewire executive told Digital Music News.

The company is currently developing its cloud-focused relaunch, an ambitious “plan B” that comes under serious legal stress.  “We will continue to work hard to garner the  confidence and support of the music industry and other key stakeholders in the development of a new service that pushes the boundaries in digital music discovery and consumption.”

The RIAA declined comment.  Court documents may be available ahead of the weekend.