Bad news for Limewire, a conglomerate of music associates have decided to take their chances in the courts after other P2P companies have been successfully sued. In particular, Sony BMG, Virgin Records and Warner Bros. are upset with Limewire and have accused them, among other things, of copyright infringement. As usual when dealing with the music and movie industry, they are demanding absolutely astronomical sums as reimbursement, up to $150,000 per song distributed. Also as usual, the RIAA sees themselves as champions of the light in supporting such action:

"Despite numerous efforts to engage LimeWire, the site's corporate owners have shown insufficient interest in developing a legal business model," the Recording Industry Association of America said in a statement. "While other services have come productively to the table, LimeWire has sat back and continued to reap profits on the backs of the music community. That is unfortunate and has left us no choice but to file a lawsuit to protect the rights and livelihoods of artists, songwriters and record label employees."
No official comment from Limewire has been released yet, and we don't yet know if they will defend themselves or just roll over.