MikeatWired writes: "Righthaven, a copyright-troll law firm that failed in its attempt to make money for newspapers by suing readers for sharing stories online, was dealt a death blow Tuesday by a federal judge who ordered the Las Vegas company to forfeit 'all of' its intellectual property and other 'intangible property' to settle its debts.'The copyright registrations to more than 275 works are in Righthaven’s name, can be transferred by this court, and can then be auctioned,' the judge ruled (PDF). Righthaven’s first client, Stephens Media of Las Vegas and operator of the Review-Journal, invested $500,000 into the Righthaven operation at its outset. With Judge Pro’s ruling, the media concern is losing financial control of hundreds of articles and photos. 'The irony of this? Perhaps those who buy the copyrights could issue DMCA notices to the Review-Journal stopping them from redistributing them?' Las Vegas lawyer Marc Randazza, who successfully defended Vietnam veteran Wayne Hoehn against a Righthaven copyright lawsuit seeking large damages for posting the entirety of a Las Vegas Review-Journal editorial to a small online message board, said via an e-mail, citing the Digital Millennium Copyright Act."
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