Peer-to-peer software provider Sharman Networks and its related parties, which stand accused of copyright infringement by the Australian recording industry, collectively denied the charges against them during closing statements Wednesday.
The record labels say that users of Sharman’s software, Kazaa, download billions of files each month without paying royalties to copyright owners. Previously during the trial, an attorney for the music industry called Kazaa an “engine of copyright piracy to a degree of magnitude never before seen.” The trial, which has taken place in Sydney, began in November. It was expected to end late Wednesday.
On Tuesday, Sharman CEO Nikki Hemming, Altnet CEO Kevin Bermeister, and his wife, Beverly, agreed to freeze their personal assets until seven days after judgment is reached.