Sex.com Settles Case Against VeriSign 165
netcentr writes "A press release on CircleID has announced that the owner of the Sex.com domain name today has got 'a final settlement with VeriSign (formerly Network Solutions, Inc.), concluding a six-year legal fight that set several important precedents for the future of the Internet. After the Ninth Circuit Court of Appeals granted Sex.Com a sweeping victory that held VeriSign/Network Solutions, Inc. (collectively "VeriSign") strictly responsible for mishandling the famous domain name, Sex.Com and VeriSign have settled Sex.Com's lawsuit against VeriSign.' Gary Kremen was awarded a $65 million judgment against Cohen for stealing the domain name, which the U.S. Supreme Court declined to overturn on June 12, 2003."
Why so much (Score:4, Interesting)
I bet all the lawyers involved are smiling, You do know they aren't that stupid. The case could have been settled 5 years ago, but then how could lawyers make any money?
Good to see the U.S. Justice system at work.
Re:Blank Page? (Score:2, Interesting)
I interviewed there. (Score:5, Interesting)
Re:Good (Score:2, Interesting)
Just wait.
They make vs cs look perfect.
A phone call? I wonder (Score:5, Interesting)
Am I the only one who suspects that there was a lot more than just a phone call behind this? That people high up in Verisign must have been conspiring with Cohen? Why else go through so much to keep obviously stolen property from it's rightful owner? Why lie to the courts about a supposedly forged letter if you weren't covering for something much worse?
Re:Why so much (Score:2, Interesting)
And as a side note, since Cohen fled the country, Kremen will not see a dime from Cohen anyway.
Re:State Action + Converstion = takings (Score:3, Interesting)
If the FCC (a state actor if there ever was one) can still arbitrary levy fines on Howard and Bono (and the companies that give them airtime) for incidents that may have occurred several years ago without due process, what hope do we have that Verisign will ever be held to the proper standards?
Re:A phone call? I wonder (Score:3, Interesting)
Remember, if they're really out to get you, you aren't paranoid.
As to why they didn't fess up, I read an interesting post above. Basically registrars were not fixing mistakes/thefts to avoid admitting legal responsibility. Sounds more plausible than a conspiracy to me.
Re:maybe I'm missing something... (Score:3, Interesting)
I met the thief (Score:3, Interesting)
This was within a couple of months of him getting the domain. He was bragging about how he owned it and how he'd already been offered a million dollars to sell it, but he was going to hold on to it because he thought it was worth a lot more.
Guess it was.
- Greg
How The Grinch Stole sex.com flash cartoon (Score:3, Interesting)