IP Tech Knowledgy
Pay Attention to Your Domain Names So You Do Not Lose Them
Control over domain names is precarious.Innocent mistakes and inattentiveness can cause loss of control.When buying assets of a business, be sure you obtain the domain names and change the contact emails to someone in your trusted circle.When employees leave, consider whether they were listed owners of company domain names and the need to replace them as listed contacts.When a credit card is compromised, consider if that card is used to pay the automatic renewal fees for domain names.Companies that inadvertently allow their domain names to expire may have to pay a ransom to gain control back or may need to enter arbitration to get the domain name back.Having a registered trademark that is identical to a domain name is a valuable tool in wrestling domain names back from cybersquatters.
Ned T. Himmelrich
410-576-4171 • nhimmelrich@gfrlaw.com
Date
June 07, 2018