HVAC company agrees to pay $40,000 after filing cybersquatting complaint in abuse of the UDRP.
In May 2017, Nat Cohen’s domain name investment firm Telepathy successfully defended its domain name AirZone.com in a UDRP. A World Intellectual Property Organization (WIPO) panel found that Corporacion Empresarial Altra S.L., which owns the domain name AirZone.es, had engaged in reverse domain name hijacking by filing the case.
WIPO panels cannot hand out monetary penalties for reverse domain name hijacking…but courts can. So Telepathy filed suit.
It has entered into a settlement agreement (pdf) with the HVAC company. The agreement requires Corporacion Empresarial Altra S.L. to pay Telepathy $40,000. Telepathy has recovered money for reverse domain name hijacking in other cases, too.
Telepathy finds itself on the receiving end of lots of frivolous UDRPs because of its high-quality portfolio of valuable domain names (including many three-letter .coms). Lawsuits filed against perpetrators should make companies think twice before filing a UDRP against Telepathy.
See more reverse domain name hijacking cases on RDNH.com.