RE: [registrars] .INFO Secondary Market Domain buyers BEWARE

["Antony Van Couvering" <avc@nameengine.com>]

Bhavin,

I think the situation is worse than you paint it (though better for the
Defrauders, as you call them, and for the person buying the name).
There is a 120-day window during which one can challenge a .INFO Sunrise
registration on the grounds of false information; after than, it's back
to the UDRP.  Once that's done, the registrant is basically free and
clear if the name is a generic term.  At least that's my understanding.

Antony

> -----Original Message-----
> From: Bhavin Turakhia [mailto:bhavin.t@directi.com]
> Sent: Saturday, August 18, 2001 6:33 AM
> To: Registrars@Dnso. Org
> Subject: [registrars] .INFO Secondary Market Domain buyers BEWARE
> 
> 
> A large number of Defrauders around the world have registered 
> Sunrise domain
> names with fraudulent trademark information in the hope of 
> making a quick
> buck. All of these speculators intend to make fast money by 
> offloading these
> domain names to strategic buyers. These speculators will 
> probably succeed,
> however few are aware of the implications this could have on 
> those strategic
> buyers.
> 
> A Strategic buyer is most likely to buy these domains for the 
> purpose of
> setting up a portal or website for themselves. The purchase 
> would result in
> transfer of the name from the current fraudulent registrant 
> to the newer
> registrant. The name would in effect remain a sunrise name 
> and hence would
> continue to carry the same trademark information. Assuming 
> the strategic
> buyer then builds his website and invests considerable sums 
> of money to
> promote his brand name. Any competitor of this buyer can then 
> at anytime
> lodge a challenge process against that name for a sum of $295 
> and have that
> domain name deleted since it would not compy with the sunrise 
> regulations.
> This could result in devastating effects on the buyer, and 
> may ruin his
> entire business.
> 
> It is essential that buyers of .info domains keep the 
> following in mind
> 
> 1) If the domain name is a Sunrise Registered Domain then the 
> trademark
> information should be genuine
> 
> 2) Its not just necessary that the trademark information be 
> genuine. It is
> also essential that the trademark be bought over by the buyer 
> of the domain
> name.
> 
> All those speculators who have registered fraudulent sunrise 
> names may just
> get away with selling these names for a fortune. It is the 
> buyers who will
> pay for it dearly if they do not understand the Sunrise 
> regulatins clearly.
> (http://www.directi.com)
> 
>