Sex.com, VeriSign settle domain name suit
Posted by NTUsEr on 20 April 2004 - 19:59 · 5 comments & 1173 views
About the Author
Full name: Unknown
Forum name:
NTUsEr
Contact: via forum PM
Submissions: Normal · Headline
Full name: Unknown
Forum name:
NTUsErContact: via forum PM
Submissions: Normal · Headline
Slashdot It!
Submit to reddit
Submit to blinklist
Bookmark on del.icio.us
Add to furl
Share on Facebook
Add to Windows Live
Add to Google- Advertisement
-
-
(2 replies)
#1 Posted by sumeet on 20 Apr 2004 - 20:11
- LOl why would verisign want sex.com
-
#1.2 Posted by Dee on 20 Apr 2004 - 20:52
- It's not about Verisign wanting sex.com it's about them transferring ownership of it without verifying current ownership. It's like someone calling the company you finance your car with and telling them that you sold your car to them. Using this analogy, Verisign won't ask you whether you actually sold the car before giving this person the ownership.
-
#2 Posted by lotus22 on 20 Apr 2004 - 20:43
- I donno? going to sex.com now...
-
#3 Posted by HappyCar on 20 Apr 2004 - 22:23
- only $15 million? I thought sex.com
would be worth a bit more than that
The settlement comes roughly nine months after the U.S. Ninth Circuit Court of Appeals ruled that Gary Kremen, who first registered the Sex.com name in 1994, had property rights to the stolen domain and that Network Solutions, then owned by VeriSign, was liable for transferring ownership without proper authorization. The landmark case put domain names in the same playing field as real property, giving them protections similar to a house or a car. "I'm ecstatic that we have reached a settlement, so we can put the case behind us and find peace in knowing that the Ninth Circuit's opinion in the Sex.com case will have an influential role in holding Internet registrars responsible for mishandling their customers' domain name properties," Kremen said in a statement.
Terms of the settlement were not disclosed. However, sources close to the agreement said it was in excess of $15 million. VeriSign declined to comment on the settlement. Kremen lost his rights to the Sex.com domain name in 1995, when a man named Stephen Cohen contacted Network Solutions and convinced the registrar to authorize transfer of the domain to himself. Cohen claimed in a letter that Kremen's company, "Online Classifieds," did not have an Internet connection and authorized the transfer of the domain name. Network Solutions transferred the domain without contacting Kremen or verifying the authenticity of the letter.
apparently already posted (last october) - email sent to those prats @ bastion...