September 19, 2009

Pirate Bay buyer faces setbacks

pirate-bay-logo.png The sale of file-sharing site The Pirate Bay has been hit by a further setback after its potential buyer was served with a bankruptcy petition, reports the BBC.

quotemarksright.jpgThe document was filed with a Swedish court by a creditor of Global Gaming Factory (GGF), which outlined plans to buy the site in June.

The creditor - Advatar Systems - is claiming more than 1.3m kronor (£116,000) in unpaid debts.

It is the latest in a long series of hold-ups which have stalled the sale.quotesmarksleft.jpg

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