Judge plans on December trial over failed domain name transaction.
U.S. District Judge James Otero has set a December 13 jury trial date in Done! Ventures, LLC v. General Electric Company, et al.
The case pits a small California company run by Ben Padnos against NBC Universal over a failed transaction involving Women.com.
Padnos says that NBC agreed to sell him Women.com and Women.net for $1 million and has documentation from broker Sedo to prove it. But the documentation shows that NBC Universal CEO (at the time) Jeff Zucker allegedly personally vetoed the deal after a price was agreed upon.
NBC argues that a contract was never entered into.
It’s rare that a case like this ever makes it to trial. Expect a settlement along the way.
Joey Starkey says
Someone is gonna get a nice sized check.