Sex.com Settles Case Against VeriSign

netcentr writes "A press release on CircleID has announced that the owner of the Sex.com domain name today has got 'a final settlement with VeriSign (formerly Network Solutions, Inc.), concluding a six-year legal fight that set several important precedents for the future of the Internet. After the Ninth Circuit Court of Appeals granted Sex.Com a sweeping victory that held VeriSign/Network Solutions, Inc. (collectively "VeriSign") strictly responsible for mishandling the famous domain name, Sex.Com and VeriSign have settled Sex.Com's lawsuit against VeriSign.' Gary Kremen was awarded a $65 million judgment against Cohen for stealing the domain name, which the U.S. Supreme Court declined to overturn on June 12, 2003."

Comments

Legal Fees: Deflating the Free

[dunng808]

This case reminds me of the IBM vs. SCO case, and the Microsoft vs. Sun case, and so many others, in that of all the attempts to monetize free software and the Internet, those most likely to be profitable are lawsuits. Will the Internet be the last new open range for grazing lawyers on Earth? What next, then; the moon? The sun?