• Home
  • Categories
    • Domain Sales
    • Services
    • Domain Registrars
    • Domain Parking
    • Expired Domains
    • We Get It
    • Policy & Law
    • Uncategorized
    • Podcasts
  • About
  • Advertise
  • Disclosures
    • Facebook
    • Google+
    • RSS
    • Twitter
    • YouTube

Domain Name Wire | Domain Name News & Website Stuff

Domain Name Industry News and Website Stuff

Featured Domains

Namecheap and Tucows settle legal dispute

by Andrew Allemann — November 8, 2018 Domain Registrars 0 Comments

Transfer dispute was resolved in a legal settlement.

Namecheap and Tucows (NASDAQ: TCX) have entered into a settlement agreement to resolve a transfer dispute.

Namecheap, a former Enom reseller, sued Tucows (which now owns Enom) because it said that Tucows was dragging its feet over transferring millions of domain names to Namecheap. Tucows said it was just a matter of using the appropriate mechanism to transfer the domains.

Following a court order, Tucows transferred 2.65 million domains to Namecheap in January 2018. It then entered into a settlement agreement with Namecheap in September 2018, under which Namecheap agreed to pay an “administrative fee” to Tucows for services related to the transfer. Tucows transferred a further 0.24 million domains later that month. The company will transfer the remaining 0.4 million domains to Namecheap in the fourth quarter.

The net-net: Namecheap eventually got the names transferred the way it wanted and Tucows got at least some of the costs covered.

The settlement was disclosed in Tucows’ 10-Q filed with the SEC yesterday.

Share109
Tweet
Share
Email

Learn more...

  1. January data show why Rightside sold eNom: Namecheap
  2. Digging into Tucows’ annual report
  3. Tucows shares rocket to $3.00 on earnings, new TLD deal

0 Comments Tags: namecheap, tcx, Tucows

Leave a Comment Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Get the DNW Newsletter – sign up here.

Archives

HostingFacts.com





Top Stories

  • 01.

    Blockchain.io domain owner fights back against Blockchain.com

    POSTED UNDER Policy & Law

  • 02.

    Verisign begins price increase talks with ICANN

    POSTED UNDER Policy & Law

  • 03.

    Endurance International Group reports declining numbers as it simplifies

    POSTED UNDER Policy & Law

  • Privacy Policy & Terms of Service
  • Disclosures
  • Advertising
© 2005–2019 Domain Name Wire • DNW and Domain Name Wire are trademarks of Brainstorm Labs, LLC