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ExtraTorrent.cc > Articles > Kim Dotcom Lost Appeal to Hollywood Studios

Kim Dotcom Lost Appeal to Hollywood Studios

Kim Dotcom Lost Appeal to Hollywood Studios

Added: Monday, October 27th, 2014
Category: Recent Headlines Involving File Sharing > Current Events
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2013, www.extratorrent.cc
MegaUpload founder will have to reveal the amount of his assets after losing a bid to keep the information about how much money he has from five Hollywood studios. Kim Dotcom, currently facing extradition to the United States over alleged copyright violation, tried to appeal a decision of a New Zealand high court, which previously required him to disclose the amount of his worldwide financial assets to the entertainment industry.

However, a court of appeal upheld the high court order, and Dotcom is still required to disclose his assets to the studios, though those won’t have a right to reveal the secret to the public. Moreover, Dotcom will also have to pay the studios’ legal costs for his unsuccessful appeal.

The high court order to disclose Dotcom’s assets came after the plaintiffs, who have filed a civil suit in the United States against the MegaUpload founder demanding over $100 million for copyright infringement, became too worried about him spending money too fast, and fearing they might not get all money they wanted.

For example, Dotcom donated at least $3.5 million to the Internet party in the lead-up to the general election. He also offered a $5 million bounty put up for data on the American and New Zealand governments.

In the meantime, New Zealand assets of the Internet entrepreneur are already subject to a foreign restraining order. The latter was put in place following Dotcom’s arrest almost 3 years ago. In addition, a high court judge has recently dismissed a judicial review bid by MegaUpload founder over the handling of his extradition case by the district court. It seems that Dotcom suffers one defeat after another in his long-lasting copyright fight.

Posted by:  SuperAdmin
Date:  Monday, October 27th, 2014

Comments (3) (please add your comment »)

posted by (2014-10-27 20:06:57)
cggc avatarHollywood industry reaches everyone!

posted by ET lover (2014-10-30 05:36:13)
Swivel avatarImmigration New Zealand (INZ) is launching an investigation after it emerged that German internet mogul Kim Dotcom didn't declare a dangerous driving conviction when applying for New Zealand residency.

It admitted normal police checks on residency applications weren't done.

"As Mr Dotcom did not declare any convictions in New Zealand and had been living here for less than 12 months no police check was sought," INZ area manager Michael Carley said today in a written statement.

"But in view of this latest information INZ will now check with the New Zealand police to confirm if there are any undeclared convictions relating to Mr Dotcom. If any adverse information is obtained INZ will assess if there is any liability for deportation."

The New Zealand Herald claims it has documentation showing Doctom was convicted of dangerous driving in 2009, just eight months before applying to live in New Zealand, after he was travelling at 149kmh in a 50kmh zone on Auckland's North Shore.

However, in his residency application, Dotcom ticked a box confirming he had no prior convictions.

posted by (2014-10-30 20:37:39)
vapourtrail avatarIt seems that the Hollywood cartel and its lackeys will resort to any means to acheive their goals, deportation for a speeding offence? give me a break, their desperate tactics just undermine the legitamacy of their crusade, and now that Dotcom has rattled the NZ political rulers they have shown themselves to be as morally bankrupt as the US and possibly Dotcom himself, you really couldn't make it up

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