I suggest you read nhn.com thread in Legal forum:
As is quite usual - the defendant tried to prevent NHN Corporation overreaching mark by changing use of the domain.
The defendant was doing nothing illegal with the domain.
Even Dan said, "Would I have ruled against them if I were a panelist? Probably not, as the intials have inherent legitimate uses up the wazoo."
This is the *absolute crux* of the matter.
The Complainant KNEW that "the intials have inherent legitimate uses up the wazoo".
They even offered $50,000 for the Domain Name.
That did not work - so they then tried corrupt UN WIPO's UDRP - and succeeded.
http://www.dnforum.com/showthread.ph...583#post340583
Some intelligent people on the forum have trouble in understanding what the *absolute crux* is ;-)