gushort, on 11 February 2013 - 12:37 PM, said:
I believe you are correct. I think, but may be wrong, that ICANN is the great overseer of domains, and ultimately handles any disputes...
I guess while you can probably claim a domain name in court in extreme cases ( e.g. I own the domain www.nike-awesome.com without any further brands or trademarks and Nike registers a trademark with the name Awesome® and claims that they want to use that domain name)... they would normally try to buy it off you, since this is almost always cheaper for them than a legal case.
I got contacted 2 months ago by a Chinese firm that wanted to register a brand name of "gibbonweb" in the Asian market and politely asked if I held any rights, brands, trademarks etc. by that name (and furthermore, if I would authorize that they would register gibbonweb.someAsianTLD). I replied that I didn't own anything in that direction and would not object to them using "gibbonweb" in the Asian market as long as they would let me keep my gibbonweb.net. IF, however, they would have wanted my domain, I would have gladly sold it to them for a "reasonable" price ... I'm thinking four figures?
(In my dreams...)