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Domain name is considered a valuable asset in the internet world and today it serves as an online trademark. Domain names are also used as identification labels to indicate ownership or control of a resource. Companies desire to obtain domain names which can easily be identified with their established trademarks as it helps in identification of the company in public. Domain name is actually not owned, but legally there is license to use the domain.
Increasing business value of domain names on the internet has led to cyber squatting. In cyber squatting an individual or a company registers a domain which is identical or similar to an established trademark or domain name and then tries to sell it for profit. This notorious practice is at a rise. Internet Corporation for Assigned Names and Numbers (ICANN) has formulated Uniform Dispute Resolution Policy (UDRP) for dealing with domain name disputes.
One would need specialized knowledge in the area of domain name, trademark and UDRP in order to tackle issues related to domain name disputes. As only with this knowledge would one be able to devise strategies and design solutions to resolve the domain name disputes in an efficient and effective way. Dispute resolution services where an infringement cannot be avoided include negotiations, cease and desist actions, filing complaints with relevant national or international authorities, actively monitoring the registration of new domain names to spot infringements. Regardless of the problem, we at Biz & Legis have an in depth knowledge in the area of domain name and the same is one of our strengths.