Video-sharing website Veoh Networks Inc. has just a month to file appellate briefs to defend its district court win over Universal Music Group’s copyright infringement claims. But the company has gone belly up and it is unclear if there’s money to pay lawyers or even the desire to fight. UMG’s briefs are due today.

Veoh beat Universal in December 2008 when U.S. District Judge A. Howard Matz of Los Angeles ruled that the website was not liable for copyright infringement thoughits users uploaded UMG music videos. It was one of the first rulings on the issue and was hailed by the owners of sites like YouTube that rely on users to fill their sites with content. In fact, Google cites the case several times to defend itself in a massive copyright infringement lawsuit brought by Viacom in New York.

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