CamRoulette.com subject to lawsuit.
It’s the deal that keeps on giving.
The domain name world was shocked when CamRoulette.com sold for $151,000. The original registrant of the domain name was kicking himself for selling it for only $1,400. But now he has bigger problems: another person says he had an agreement to buy the domain name for $700. He’s suing for $150,300, the difference between what he offered to buy the domain for and what it sold for at auction.
The original registrant, Craig Snyder of Florida, posted his story about being sued on DNForum [Update: DNForum deleted the thread], saying he’s just a self-employed high school grad with very little money to his name. The company that filed the lawsuit claiming it had agreed to buy the domain, FRASER DB, Inc. (owned by Fraser Brown) apparently thinks that he’s actually another Craig Snyder with more money to his name. You can read the complaint here.
In addition to suing for the difference in sale price, the plaintiff is asking for specific performance of the sales agreement. The plaintiff apparently wanted CamRoulette.com so he could start a competitor to ChatRoulette.com.
A couple thoughts about this lawsuit:
1. I suspect that the plaintiff will rethink the strategy when they realize the defendant has very little money.
2. If this case moves forward, it could be a reminder to many domainers of what constitutes and offer and agreement.