Now that the dust has settled on the Lokitorrent shutdown, we've been able to gather a few bits and pieces of news on this story, and on the general internet P2P movie swapping crackdown.
Apparently, LokiTorrent site operator Edward Webber has agreed to pay a substantial settlement with even greater financial penalties for any further such actions. He has also agreed to make available all server data relating to illegal BitTorrent activities, which will mean logs and other server data such as database tables, if this is available. The MPAA are no doubt plotting to use this to clamp down on P2P users who are trading movies illegally on the net, and pursue legal action against them as well.
A Dallas court agreed that Hollywood lawyers would be allowed access to LokiTorrent's server records which could let them single out those who were sharing files illegally.
Things were up until fairly recently looking good for LokiTorrent, who had decided to keep fighting and not give up after the first round of legal warnings from the MPAA made many other such sites curl up and die. They had even managed to raise $40,000 from their users in order to fund their legal battle against the MPAA. Now, it looks like all of that is over.