Here is an article of interest in a lawsuit against Internet REIT. 

Verizon, Internet REIT settle cybersquatting suit
“NEW YORK (Reuters) - Verizon Communications Inc said on Friday it has settled its lawsuit against Internet REIT, a seller of Internet domain addresses.

The agreement bars Internet REIT from registering or using names that are identical or “confusingly similar” to Verizon’s trademark. Internet REIT will also pay Verizon an undisclosed sum.”

With so many corporations finally realizing the value of targetted traffic a domain delivers, will they finally try and bombard the domain industry with lawsuits as they did in late 1999, 2000, and 2001? I think there is a storm a brewing , if you own direct violations of trademarked companies in your domain portfolio, my advice is to download them asap, or you may find yourself in a bad position legally. Dell is setting the standard with their lawsuit against 3 registrars for corporate America. The amount of companies that provide services to protect a companies trademarks is growing rapidly each year and they are focused on domain names.  Stick to generic geo domains, and with the gray area domains you own, be prepared to hire an attorney.  I am interested to see what other opinions readers have on legal actions in 2008 against domain owners.

Godspeed,
Steve

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