Company in Bankruptcy files Copyright Lawsuit
Even though the company is partially funded by a billionaire investor, a copyright lawsuit filer may be forced to pursue business bankruptcy.
The company is currently in the middle of a serious lawsuit against a message board poster that caused quite a stir. After battling the poster in court, the company supposedly racked up nearly $35,000 in legal fees, fees that the company now wants the poster to pay.
Although the company has already lost its fight in a lower court, they are determined to bring it to the next level, the U.S. Circuit Court of Appeals. They are also suing for the right to take legal action against the poster, another objective that was denied by the lower court. Even though the poster has freedom of speech on his side, the company is determined to protect itself from further negative press in the future.
News sources report that the poster is not stepping down in this fight. He has several supporters who agree that companies like the copyright lawsuit filer ought to be shut down for good.
If you are involved in a business bankruptcy, it is advised that you contact a Chicago business bankruptcy attorney from our firm who has the knowledge, experience and aggressive nature it takes to ensure your Chapter 11 is completed in the state of Illinois.