In August, MediaPost reported that Redigi and one of its founders, John Ossenmacher, had filed bankruptcy:
“ReDigi recently stipulated to pay Capitol $3.5 million in damages, but also appealed the underlying copyright infringement finding to the 2nd Circuit Court of Appeals. This week, the company said in an appellate filing that it had declared bankruptcy in U.S. District Court for the Southern District of Florida. ReDigi co-founder John Ossenmacher also declared bankruptcy in the same court.” (link)
Very likely, this ends the appeal to the Second Circuit.
I’ve written about this case several times, and in April 2013 I observed:
… Read the full article “Redigi – Did Ossenmacher Know He Was Risking Personal Liability?”
In addition, Capitol may seek leave of court to add as defendants the individual owners and employees of Redigi that exercised control over or benefited from the infringement. While Redigi could oppose such as motion as coming too late in the case, a decision would be at the discretion of the judge.