So why did the music industry suddenly settle with LimeWire in the midst of a jury trial May 12?
We might never know for sure. But it’s worth noting that the $105 million deal came fresh on the heels of the cross examination of Warner Music CEO Edgar Bronfman Jr. by Willkie Farr & Gallagher partner Joseph Baio. Bronfman was forced to address some sensitive and potentially inflammatory topics about the personal fortune he’d made off of Warner. Moreover, the CEO — who would have had to continue the cross examination if the parties hadn’t settled — faced the unnerving prospect that he might have to answer questions about his insider trading conviction in France last January.
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