Thanks John. I've been dealing with a deadbeat buyer at Sedo for the past couple of months. Trying my best to get him to pay up before I take legal action.
No chance to get paid on this. Write it off.....NO CHANCE. Obviously the name is worth a lot less than the deal. This happens every day and there is NOTHING you can do about it. Technically, it is breach of contract, but you have suffered no damages. The only damage is that you were about to put one over on the unsuspecting buyer.
If the name is as valuable as their alleged offer, then simply turn around and sell it to someone else.
Chances are between slim and none that you ever recover a penny from this....and Slim just left town.
If it wasn't a dotcom it was probably worthless anyways. No traffic equals no dough.
Mike, is that you?
Back on subject.
The buyer is primarily a French speaker and I think he does not grasp contracts quite well. Either that, or he's a very good actor.
At any rate, for almost 5 figures I will personally deliver the judgment to Geneva where he resides.
Name me one time where Sedo or anyone else EVER forced someone to pay for a name.
These things don't get published a Welsher's Daily Bulletin, you know.
Specific performance - i.e. forcing the sale - is only one of several remedies to breach of a sales contract. However, the basic principle of lawsuits is that most suits settle, which translates into nobody other than the parties knows what happened.
Take a look at the lawsuits breathlessly reported on domain forums:
FMA v. Lufthansa (over the LH.com domain) - what happened? The case is terminated. Nobody knows what they agreed to.
Verizon v. Oversee (domain tasting suit) - what happened? The case is terminated. How? Nobody knows.
Have I seen suits for specific performance of a domain sale contract? Yes. With the exception of two of them, none of the others went to a decision.
You would never take on a silly case like this for a stupid .net unless you were paid big money up front. He collects NOTHING from this guy and you know it. You guys don't even have the guts to get people on the forums banned who don't follow through, so you can stop the big talking about suing someone in a different country over a stupid .net.
The bottom line is that there are no damages. Just like in the Cowboys.com case....it was a mistake......you get NOTHING and like it. If you want to start banning people from forums who are cheaters then that would be a start, but most people look the other way as long as it doesn't effect them.
Dotnets aren't really worth anything....no traffic. What percentage of UDRP's involve .nets? The percentage is very low....noboday cares.
Go sue them and get zero return. If the name was worth anything it could be sold to someone else. Sorry about all of your luck.
No chance to get paid on this. Write it off.....NO CHANCE. Obviously the name is worth a lot less than the deal. This happens every day and there is NOTHING you can do about it. Technically, it is breach of contract, but you have suffered no damages. The only damage is that you were about to put one over on the unsuspecting buyer.
If the name is as valuable as their alleged offer, then simply turn around and sell it to someone else.
Chances are between slim and none that you ever recover a penny from this....and Slim just left town.
If it wasn't a dotcom it was probably worthless anyways. No traffic equals no dough.