Posted on 03/08/2007 9:50:22 PM PST by HAL9000
Excerpt -
In a legal decision that stunned even the lawyers for the victor, a U.S. District Court judge on Mar. 8 handed over the embattled Web registrar Registerfly.com to the executive who was running it when it began to founder. Judge Peter Sheridan ruled in favor of defendant Kevin Medina, who had been chief executive of the parent company, Unifiednames, before he was fired by two other board members on Feb. 12.~ snip ~
Naruszewicz, one of the two who had fired Medina and taken control of the company, doesn't plan to appeal the judge's decision. "We lost and it's all over," he says. "The company will implode in days and 1 million domain names are going to be lost. It's a damned shame."
~ snip ~
(Excerpt) Read more at businessweek.com ...
Fortunately, I used a real ICANN accredited registrar - GoDaddy.
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