OK, hypothetical question here.
Someone in NSI presses the wrong button and a name worth mid six figures - and regged thru 2005 - goes into the delete cycle.
Frenzied bidding follows at all the name grabbing places to around 25k.
Name deletes, grabbing firm catches name, debits 25k from top bidder's credit card, who in turn has his 15 minutes of fame.
'Former' registrant discovers loss of name, threatens to sue NSI's backside, two weeks later name is restored to original registrant with 2005 expiration date.
Does the name grabbing firm owe its top bidder his/her 25k back, or is it protected by the fact it has performed its contractural arrangement to register the name, regardless of any future legal problems one day, one week or one month later?
Who would win?
Someone in NSI presses the wrong button and a name worth mid six figures - and regged thru 2005 - goes into the delete cycle.
Frenzied bidding follows at all the name grabbing places to around 25k.
Name deletes, grabbing firm catches name, debits 25k from top bidder's credit card, who in turn has his 15 minutes of fame.
'Former' registrant discovers loss of name, threatens to sue NSI's backside, two weeks later name is restored to original registrant with 2005 expiration date.
Does the name grabbing firm owe its top bidder his/her 25k back, or is it protected by the fact it has performed its contractural arrangement to register the name, regardless of any future legal problems one day, one week or one month later?
Who would win?