Redacted settlement gives hint that estate will get domain as part of the settlement.
The Estate of Prince Rogers Nelson has settled a legal battle with Domain Capital over ownership of the Prince.com domain name.
The estate sued Domain Capital saying that it was cybersquatting by owning Prince.com. Domain Capital countersued for reverse domain name hijacking and requested that the Prince trademark be canceled.
On June 11, the estate filed a planned settlement agreement in the probate court in Carver County, Minnesota. It’s heavily redacted and does not publicly display terms of the agreement. However, it mentions that there’s an escrow agreement involved. This suggests that the likely outcome is Domain Capital will transfer the domain to the estate and drop its counterclaims in return for a cash settlement.
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Author: Andrew Allemann