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Megaupload Wins Fight in New Zealand Court to Pay Its Bills, By Jeremy Kirk

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At www.pcworld.com

New Zealand's High Court ruled on Wednesday that Megaupload can take out a NZ$6 million (US4.8 million) loan to pay its legal bills and rent for founder Kim Dotcom. The advance will be secured against $10 million in New Zealand government bonds held by Dotcom but which have been frozen since April by a court order, according to the ruling by Justice Judith Potter. The flamboyant Dotcom posted the outcome on his Twitter feed, later writing 'Let's get together, let's all unite, or they will do whatever they like.'

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At www.pcworld.com


 

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