A Belgian company called IBA SA filed a UDRP against the valuable IBA.com domain name at the World Intellectual Property Organization. Not surprisingly, the sole panelist, Nick J. Gardner, ruled in favor of the domain registrant. The panelist also ruled this was Reverse Domain Name Hijacking (RDNH). The decision was published today.
The complainant attempted to acquire the domain name for $2,500 in 2021 using a domain broker. According to the panelist’s interpretation of the discussion between the broker and the complainant, the broker told the complainant it” should offer over USD 25,000 if it wishes to make a credible offer.”