Re: Thread 2: 60-day issue

[Karl Denninger <karl@Mcs.Net>]

> 
> At 01:10 PM 12/24/96 -0600, Karl Denninger wrote:
> 
> >The true purpose behind that 60-day waiting period is obvious if you look at
> >the make-up of the IAHC.
> >
> >Count the number of lawyers and others with legal background, determine the
> >PERCENTAGE of their interest, and then figure out how lawyers make their
> >money.
> >
> >They bill by the hour.
> >
> >These folks are attempting to create a new industry (and its not the first 
> >time) from which they can reap extensive fees and ultimately profits.
> >
> >Its not about litigation necessarily.  Once you litigate you LOSE,
> >regardless of who wins the lawsuit.  This much is known by any successful
> >businessperson unless the dispute at issue is worth huge sums of money.
> >
> >Most trademark lawsuits aren't, or are against defendants who have nothing
> >sufficient to seize if you DO win.
> >
> >However, if you can create a new industry.....
> >
> >So much for this process being about acting in the PUBLIC interest.
> 
> I am sorry to have to tell you, but you are mistaken about this.  
> 
> There are two categories of lawsuits now -- those where there is a bona
> fide claim of trademark infringement, and those where the domain name owner
> merely covets the domain name.
> 
> The latter would be greatly reduced under the IAHC or INTA proposals.
> 
> The former would be shifted to an early time, namely when the domain name
> is new.  The party who registers it will not have invested years (perhaps
> unwisely) in a domain name that was leading to trouble, so the stakes (and
> hence the legal expenditures) are likely to be smaller.
> 
> The present situation, in which NSI harms innocent domain name owners by
> threatening to cut off their domain names for no good reason, and in which
> they have to sue NSI, that is the one that makes money for the lawyers.
> (Mostly NSI's lawyers, of course.  I recall attending the deposition of the
> president of Roadrunner Computer, in which NSI sent not one, not two, but
> three no doubt highly paid lawyers to represent their side.)

Oh yeah, and a dozen lawsuits over two years with 500,000 entries is real
statistically significant in regards to anything.

NOT.

--
-- 
Karl Denninger (karl@MCS.Net)| MCSNet - The Finest Internet Connectivity
http://www.mcs.net/~karl     | T1's from $600 monthly to FULL DS-3 Service
			     | 99 Analog numbers, 77 ISDN, Web servers $75/mo
Voice: [+1 312 803-MCS1 x219]| Email to "info@mcs.net" WWW: http://www.mcs.net/
Fax:   [+1 312 248-9865]     | 2 FULL DS-3 Internet links; 400Mbps B/W Internal