Kim Dotcom's personal asset seizure null and void. Not the seizure of Megaupload assets. This really has very little bearing on the Megaupload case as a whole.
Not exactly true. It would allow Dotcom to have more funds for a proper defense. This sort of stuff shouldn't even happen before you actually get charged as guilty. This is why I never really liked the "OPEN Act" alternative to SOPA either. Sites shouldn't get their funds seized and cut off before they even get a chance to defend themselves.
If they want to win this case, they'd better do all their homework flawlessly, dot all i's and cross all t's. If they don't, it will set a precedent that will frame future cases like this.
And there will be many more of them.
While companies may be questioned I much more question the ethics of this kim distributing copyrighted material without compensating the authors and then buying ferraris instead. Not a role model I'd like to prevail.