Florida  |  Intellectual Property

Legal Question

Asked on: 4/02/06, 12:30 am

Domain name extortion

I own a .com domain name which I purchased back in 2003. Last October I was contacted by mail and by phone by a man wanting to buy this domain name. After haggling the price down to $3500 I said send me a check and I might consider it. A month later I receive a 15-page document where they want me to basically release all and was too ''legaleze'' for my simple taste. So I called the man and told him that I don't want to sell this name because I want to use it for my own needs which is a future website in the making. He was mad and threatening. Three months later, I received a 16-page document claiming that I have to sell my domain name for $3,500 because they have a business with that name but with hyphens in between. They also claim that I shouldn't have bought all the rest of the corresponding .net .org .info names. What right do they have to tell me that I have to sell my domain name and what legal rights do I have?

Thank you.

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