closed Ferrari Auction

[RCO]

Disregard this post, the domain name is sold already.

Admins: you may remove this post

 

[Ed30]

Big TM issue - it might cost you the price of a ferrari.

 

[Anthony Ng]

FYI: There was just a WIPO decision back in April in favor of Ferrari against about 10 domain names (incl. ferraristuff.com and ferrariguy.com):

http://arbiter.wipo.int/domains/decisions/html/2003/d2003-0085.html

 

[Dale Hubbard]

Nowhere near enough Ferraris would go to auction to justify such a site IMHO.

 

[RCO]

First of all, thanks for the comments so far!

"might cost you the price of a ferrari"
What can they do? At most take the domain name away

Thanks nameslave, interesting reading
The domain issue there were mostly about other ferrari names , it actually says there that the domain names ferraristuff and ferrariguy appears to be in a less clear-cut situation.

"Nowhere near enough Ferraris would go to auction to justify such a site IMHO"
Simply not true.

 

[Anthony Ng]

Originally posted by Cornel
"might cost you the price of a ferrari"
What can they do? At most take the domain name away

Perhaps aZooZa's comment might be a bit exaggerated, but if you think that losing the domain name is the worst case scenario, then you are very wrong. Corporates don't think like you and me; many of them choose to penalize "cybersquatters" by going to the court instead of asking for a WIPO arbitration. When you are served with a summons, you'll have to spend like US$5k to retain a lawyer who is comparable in capcity to THEIR legal team, and that's just the start! Go figure if you lose the case ...

I'm glad that you find that WIPO case useful. Good luck.

 

[Anthony Ng]

Originally posted by nameslave
When you are served with a summons, you'll have to spend like US$5k ...

Okay, I'll elaborate a bit here. When you are served with a court summons, you will be required to respond to the COURT. Moreover, when THEIR lawyers (yes, lawyerS) are involved, you usually won't have the luxury to talk to the tradmark owner. So even when you decide to "surrender", it would be in your best interest to hire a lawyer who is of comparable capacity in order to work out the deal. And they might well ask for some compensation to cover their client's legal expenses (and to show that they are worth hiring).

Of course, this is the worst case scenario.

 

[DaddyHalbucks]

When you are served with a summons, you'll have to spend like US$5k to retain a lawyer who is comparable in capcity to THEIR legal team, and that's just the start! Go figure if you lose the case ...
+++++++++++++

You are way, way off.

A recent court case cost me $50,000 to defend --and I got off lightly. The plaintiffs had a bottomless pit of money.

Studies have shown the cost of an average trademark litigation is approximately $250,000.

 

[Anthony Ng]

Originally posted by DotComCowboy
You are way, way off.

Sorry to hear that your recent court case cost you $50,000 to [color=ff0000]defend[/color], but my post read:

When you are served with a summons, you'll have to spend like US$5k to [color=ff0000]retain[/color] a lawyer who is comparable in capcity to THEIR legal team, and that's just the [color=ff0000]start[/color]! Go figure if you lose the case ...