Mexican insurance company fails to snag three letter .com through cybersquatting dispute.
Domain investor Yancy Naughton has successfully defended his domain name GNP.com with the help of attorney John Berryhill.
Grupo Nacional Provincial, S.A., an insurance company in Mexico, filed a UDRP against the domain at World Intellectual Property Organization.
Naughton told the panel that he acquired the domain name because of its value as a three letter domain, not to target the Mexican insurance company.
The three-member panel agreed, writing, “It is abundantly clear to the Panel that the Respondent purchased the Disputed Domain Name because of its value as a generic three-letter acronym and not because of any connection with the Complainant.”
The panel found that the insurance company failed to show that the domain was registered and used in bad faith, and it also failed to show that Naughton lacked rights or legitimate interests in the domain name.