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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."

26 of 63 comments (clear)

  1. What? by toastar · · Score: 2, Informative

    Why on earth would anyone want to help pay down those ass-holes debt?

    1. Re:What? by Fluffeh · · Score: 5, Insightful

      Because they might have an idea that uses a domain called RightHaven? Perhaps a RPG game, perhaps a software application for big business. Who cares - as long as the company is getting gutted to pay for the money it has to cover.

      Having said that, I am personally much more interested in finding out whether once the IP within that shell of a shell company runs out and the money is still missing, whether Big Media will be covering the shortfall as they were clearly setting the operation up as a source of income. Surely they will be held liable for the shortfall? Can I get this as a late Christmas present from the US justice system?

      --
      Moved to http://soylentnews.org/. You are invited to join us too!
    2. Re:What? by thegarbz · · Score: 5, Interesting

      This is like any other auction. They have something you may want, and by auctioning it you see if you can get it for the price people are willing to pay. Quite often in cases of bankruptcy or debt recovery the item being auctioned off can be tremendously undervalued.

      Recently we went to the auction of a glass manufacturer. Most people were there looking for glassing equipment to boost their own businesses. Things like forming and cutting machines were being bided up quite high. But then they came to old stock. Seems like there weren't too many people interested in it so we picked up 50 sheets of hardened pool fencing glass for $50. They normally cost $160 per sheet. Bargain, we now have a new fence.

      This isn't about the company. It's about you, your ideas, and what you could do with the assets of the company. If you have a use for the name "RightHaven" then now is THE time to buy the domain. Chances are if you wanted it and approached the company for it they may have said flat out no, or asked for some extortionate price. Now that they must sell you could potentially get it for a bargain since the name no longer has any value to the company.

    3. Re:What? by hairyfish · · Score: 5, Informative

      It may differ in your local territory, but here when you go into receivership, it is no longer your debt. You lose everything to the receiver who then attempts to salvage some money for the debtors of the company. Mr Hoehn is owed $63 grand. He might be lucky to see 20% of that, so any money raised is his (and any other debtors, not RightHaven's.

    4. Re:What? by hairyfeet · · Score: 3, Insightful

      Conservative political blog would be perfect for that, hell that was what i thought it was the first time i heard it. my question is what is keeping them from just starting a new company and trolling all over again? After all if they have incorporated they can just walk away, let the shell burn and start another. we all know this was Stephens media's little proxy so what is gonna keep Stephens from just doing it again? keep some lawyers on retainer and you have the perfect SLAPP weapon, just keep trolling and if you make money fine, if you don't you'll still scare many people from using anything that has ever been on a Stephens website for fear of being dragged into court. After all if they win its not like they're gonna get squat and I bet the poor guy that won never even covers his court costs.

      --
      ACs don't waste your time replying, your posts are never seen by me.
  2. The less that is bid... by Neil_Brown · · Score: 4, Interesting

    the more that needs to be sold to pay the debt.

  3. I'm sure this is a silly question... by Gordonjcp · · Score: 2

    ... but why would you want to buy righthaven.com? Really, what possible value could it have?

    1. Re:I'm sure this is a silly question... by Sasayaki · · Score: 4, Insightful

      Set up an anti-patent advocacy group?

      --
      Check out my sci-fi book "Lacuna" at http://goo.gl/MVxX8
    2. Re:I'm sure this is a silly question... by six025 · · Score: 5, Interesting

      ... but why would you want to buy righthaven.com? Really, what possible value could it have?

      Righthaven owe a lot of money due to losing the court case and being ordered to pay costs, but they don't have many assets to sell to cover those costs. By purchasing the domain name you would, in a sense, be donating to the person who fought Righthaven in court and won - doing us all a favour in the process.

      Peace,
      Andy.

    3. Re:I'm sure this is a silly question... by thegarbz · · Score: 4, Informative

      Depends if you have a product or a company called RightHaven. Just because it belonged to one company doesn't mean there isn't some other company very interested in the name. The most classic example of this would be www.nissan.com which any reasonably person would think took you to the website of the car manufacturer.

    4. Re:I'm sure this is a silly question... by hairyfish · · Score: 3, Insightful

      ... but why would you want to buy righthaven.com? Really, what possible value could it have?

      Er.. for the 99.999% of the world that have never heard of Righthaven, it is a cool sounding Fantasy/Sci Fi/Heavy Metal type name, and .com domains made up of real words are quite scarce these days. If I was a publisher I'd look at buying it for a future book/tv/movie/album release. I wouldn't pay much for it, but it'd have fetch a few hundred bucks at least.

    5. Re:I'm sure this is a silly question... by nstlgc · · Score: 2
      --
      I'm Rocco. I'm the +5 Funny man.
    6. Re:I'm sure this is a silly question... by vodevil · · Score: 5, Informative

      I'd buy it just for the lolz, if I could find the damn link where you can actually post an offer.

      Minimum bid as of this posting is $1900. Snap Names

    7. Re:I'm sure this is a silly question... by Elbereth · · Score: 4, Funny

      My name is Rig H. Thaven. This is perfect!

    8. Re:I'm sure this is a silly question... by Quick+Reply · · Score: 3, Insightful

      You would be FAR better off donating to the victim directly, rather than letting the lawyers get any of it and do RH a favor

    9. Re:I'm sure this is a silly question... by ZombieBraintrust · · Score: 5, Interesting

      I could see EFF buying it and having the domain forward to their main site. Sort of a trophy domain.

    10. Re:I'm sure this is a silly question... by EmagGeek · · Score: 2

      Already done. Nissan sued Uzi Nissan and lost.

  4. Re:possible bidders by lennier1 · · Score: 4, Funny

    Goatse mirror, for obvious reasons.

  5. Re:shell of a shell by TaoPhoenix · · Score: 5, Interesting

    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
  6. Only $64k in debt... by cbope · · Score: 2

    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.

    1. Re:Only $64k in debt... by Anonymous Coward · · Score: 5, Insightful

      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 wrong, this is actually a case of _injustice_, brought to you by the corporate system and the inherent liability asymmetry that it creates. Think about it, Mr. Hoenh is owed $64k, most of which would be for his legal costs - costs that he rightfully deserves to recover since his time was wasted by this frivolous lawsuit. Instead, Mr. Hoenh in all likelihood will have to suffer an injustice because righthaven inc./corp./whatever will be unable to satisfy this debt and the person pulling the strings behind Righthaven will not be personally liable unless Mr. Hoenh goes to court again to pierce the corporate veil, thus incurring even more legal costs. IMO, Hoenh's court award will turn out to be an empty judgement and much cold comfort to him.

  7. You aren't paying them by Sycraft-fu · · Score: 2, Insightful

    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.

  8. Re:shell of a shell by Anonymous Coward · · Score: 2, Insightful

    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?

  9. Boycott the RJ by robogun · · Score: 2

    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.

  10. Re:possible bidders by Carnildo · · Score: 2

    Redirect to www.thepiratebay.org, for equally obvious reasons.

    --
    "They redundantly repeated themselves over and over again incessantly without end ad infinitum" -- ibid.