It could be a Java issue...
Try uninstalling your Java from the add/remove programs and then re-install the JRE 5.11 offline version....
Archive: Download Java 2 Platform Standard Edition (J2SE) 5.0 Update 11

If that does not help with your problem try deleting your preference folder...
Fixes for Limewire when LW isn't operating as it should

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If you dont live for something...
You die for nothing...