A bankruptcy court began a hearing today for Napster.

Roxio, earlier this month, won a bid for the Napster technology, after bidding $5.3 million in cash and stock.

Napster’s sale lies in the hands of the bankruptcy court, who have been monitoring the sale of Napster ever since it went bankrupt.

If the sale is approved, Roxio would receive Napster’s intellectual property, which includes the name, Napster. However, Roxio will not assume any of Napster’s current liabilities.

“Assuming the sale goes through, Roxio will disclose what it plans to do with the assets within the coming month,” a Roxio spokeswoman said.

Bertelsmann AG tried to purchase Napster earlier this year, but they were blocked from doing so.






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