Interesting story out today on the domain name dailymail.com. Today that domain resolves for the London Daily Mail. But it seems the former owner is looking for $1million.
WVRecord.com reported:
The former owner of Charleston Daily Mail claims United Bank wrongfully induced Charleston Newspapers to sell the rights to the dailymail.com domain name.
MediaNews Group Inc. and Charleston Publishing Co. filed a lawsuit last month in Wood Circuit Court against United Bank Inc. The plaintiffs seek to recover the $1 million the bank received from that sale.The plaintiffs say United Bank tortiously interfered with the Daily Gazette Company when it sold the domain name to the London Daily Mail for $1.5 million in 2013.
The 12-page complaint details the business setup of the companies involved in Charleston Newspapers and its joint operating agreement dating back to 1958.
Read the full story here
Without further back-story and/or context, your post is meaningless.
Pretty sure there is a link to the full story on ev record. But the excerpt shows the bank interfered and caused the sale.
Like they say man there is no cure for stupid.
your comment is meaningless.
Here’s the full article: http://wvrecord.com/stories/511088681-former-daily-mail-owners-say-domain-name-was-sold-without-permission
Wood Circuit Court case number 17-C-62
🙂
The full article was linked to in the post.
Raymond I told you there is no cure for stupid.
There is no cure to rudeness as well, Mr anonymous “Jonny”.
Ill-manners are a bad disease, sign of arrogance and lack of proper education.
Now I’ve noticed it, thanks.
Your “reporting” on this particular piece of news was in no way in-depth enough to compel the typical reader of this site to click on the link provided. I could re-write it for you, but I’m not paid to do so, so I won’t.
Good day to you.
I suggest you cancel your paid subscription to TheDomains. I am sure they will pro-rate whatever you paid.
However, I am not sure if Mike can afford the cash refund. 🙂
He might be down to his last $30 mil. another 🙂
It seems that the previous owner of the domain (Charleston Daily Mail) was supposed to get the domain back if the partnership they were in with it failed, but due to some complicated and possibly unethical business dealings by the partners and the bank that was owed money, the domain was sold instead of returned, and Charleston Daily Mail never got paid anything for it.
Wonder why they only suing for the price of the domain and not damages. Article makes it sound like fraud since the bank deleted part of the certificate regarding loan prepayment