Domain Name Wire for Domain - two domain lawsuits settled

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Domain Name Wire for Domain
August 23, 2012
Two domain industry lawsuits settled
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Welcome to the DomainNameWire.com newsletter.

I've never been party to a lawsuit, but I imagine it's
not much fun.

So it's good news that over the past month a couple of
the higher profile suits involving the domain name
industry have settled.

First, Monte Cahn settled his suit against Oversee.net.

Cahn founded Moniker, which he later sold to Seevast.
Seevast in turn sold it to Oversee.net. The later sale
included a bonus plan. After Cahn left Oversee.net
a few years later he argued he was due money under the plan.

The suit was rather nasty, so I'm sure both sides are happy
to put it to rest.

http://domainnamewire.net/click.html?x=a62b&lc=BVOjE&mc=Br&s=V0alB&y=l&

The other suit was a cybersquatting complaint brought by a
heavyweight: Verizon.

The company sued Above.com for cybersquatting. The defendants
originally argued that some of the domains were its own
and some were clients, and that it shouldn't be responsible
for its clients. It later backtracked on its admission to having
cybersquatted.

The settlement agreement is mostly complete, and the two sides
have asked the court to hold off on all further activity.
The case was scheduled to go to court in October.

http://domainnamewire.net/click.html?x=a62b&lc=BVOjB&mc=Br&s=V0alB&y=0&

Of course, there are lots of lawsuits involving domain names and the
industry.

But these two were closely watched by the industry: the first
because it involved a well known businessman and domain monetization
company and the second because it involves cybersquatting and
domain parking.



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Be sure to stop by DNW.com to read these other
domain industry stories:


* .Nxt conference is .gone

http://domainnamewire.net/click.html?x=a62b&lc=BVOjS&mc=Br&s=V0alB&y=O&


* North Carolina food delivery service files UDRP against Takeout.com

http://domainnamewire.net/click.html?x=a62b&lc=BVOjh&mc=Br&s=V0alB&y=W&


* ICANN terminates two domain name registrars

http://domainnamewire.net/click.html?x=a62b&lc=BVOjz&mc=Br&s=V0alB&y=i&




These stories are just a sample of what you can read at DomainNameWire.com.
Domain Name Wire is read by domainers, domain registrars, attorneys,
public officials, and Fortune 500 company brand managers.



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