Auction of Copyright Troll Righthaven's Website Underway
Tootech sends this quote from Vegas Inc:
"The online auction of the righthaven.com website domain name got underway Monday, with bidders having until Jan. 6 to submit offers. A judge has authorized a receiver to auction the intellectual property of Las Vegas-based Righthaven LLC, the newspaper copyright infringement lawsuit filer. The auction is aimed at raising money to cover part of Righthaven's $63,720 debt to a man who defeated Righthaven in court. The man, Wayne Hoehn, and his attorneys defeated Righthaven when a judge threw out Righthaven's lawsuit against him over Hoehn's unauthorized post on a sports betting website message board of a Las Vegas Review-Journal column by columnist and former publisher Sherman Frederick. Hoehn was a defendant in one of Righthaven's 275 lawsuits filed since March 2010."
Why on earth would anyone want to help pay down those ass-holes debt?
the more that needs to be sold to pay the debt.
... but why would you want to buy righthaven.com? Really, what possible value could it have?
Goatse mirror, for obvious reasons.
https://www.snapnames.com/store/extended.action?ig=986#store;storeName=extended
thegodmovie.com - watch it
You know what, you're right. This ended "way too fast". Look at SCO - someone(s) funded that zombie forever. Here they're doing the opposite strategy. "Ha Ha, if we win, be strike gold, if we lose, oops, we had no assets."
I'd like this to be bought by someone with a BIG pocket and use it to go after when the media companies themselves decide wholesale infringement is just dandy.
Really, they crumbled for just 60K+ ? Really? Tell me which species of fish that is smelling here. Red Herring?
My first Journal Entry ever, in 8 years! http://slashdot.org/journal/365947/aphelion-scifi-fantasy-horror-poetry-webzine
I find it insightful to see a "company" like this who was going after MILLIONS in so-called damages, is suddenly struggling to pay a paltry $64k debt. And all I can say is... BWAHAHAHAHA! There *can* be justice in this world.
You are paying their creditors, which would include people who have legal judgements against them. When someone goes insolvent, their creditors get fucked. However they can usually recover some of what they lost when assets are auctioned off.
As an example when MPC went under, the university I work at was a "creditor" of sorts. We had systems with outstanding warranties on them and those have value. So we got a letter from the bankruptcy court letting us know what all was going on. We didn't expect to get any money, and we didn't. Their assets weren't worth enough, all the money recovered went to higher priority creditors (there is a legal order to what gets paid off first).
So we were stuck holding the bag. Wasn't a huge deal, but we did have system failures that would have been covered by the warranty that we had to pay for ourselves.
In a more direct case take bond holders. If you hold uninsured bonds in a company and they go bankrupt, you are out the money unless their assets can raise enough to pay you back in whole or in part.
Righthaven had absolutely nothing to do with patents, they represented copyright holders. And their cases were thrown out because they didn't own the copyrights, so how on earth are they going to sell something they don't own?
Those of you in Vegas know you have two newspapers, the RJ and the Sun.
The Denver Post cancelled their contract with Righthaven while the RJ rewrote their contract with Righthaven such that it now has ownership and can sue as proxy.
If I were you I would not support the scum at the RJ - or their advertisers - who support this type of chilling effect on free speech.
Redirect to www.thepiratebay.org, for equally obvious reasons.
"They redundantly repeated themselves over and over again incessantly without end ad infinitum" -- ibid.