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    This discussion has been archived. No new comments can be posted.
    Kremen settles with VeriSign over Sex.com for $15 million | Log in/Create an Account | Top | 6 comments | Search Discussion
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    Re:uggggh!
    by finee on Monday April 26 2004, @01:04PM (#13440)
    User #2781 Info | http://www.FineE.com
    Or maybe VRSN just did the smart thing and finally settled. A judgement against VRSN could have been much very much worse.

    This started with an ex-con with a record of fraud who fradulently transfers a domain to himself. The worst part of this on the part of Network Solutions, in my opinion, was not the allowing the initial transfer. No when they were made aware of the fraud they not only did not investigate the fraud, and if they found that the initial transfer was fradulent, revese the transfer, they forced the victim to have to recover the domain through the courts and at the same time they proceeded to litigate against the victim in these proceedings. While all of this was going on the damages in the case escalated into the tens of millions of dollars.

    I really start to wonder if the real reason this case was pursued was not because there was any merit in the case but rather in the hope that the "other side" would run out of funds and give up the legal fight. The trouble with such a strategy is that if the other side does not break it can become very very expensive.

    I do not think VRSN did "just pussy out", they very wisely cut thier losses before this lost cause did even more damage to them.
    [ Reply to This | Parent ]
    Re:uggggh! by finee
    Re:uggggh!
    by jimrutt on Thursday April 29 2004, @06:57AM (#13454)
    User #3264 Info
    Of course now that I think about it, since VeriSign is now out of the Registrar business they don't really care about the implications of "domain name as property". It will make life more aggravating for the Registrars, though.

    ===================== been there, done that
    [ Reply to This | Parent ]


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