[NA-Discuss] When a Registry goes Rogue
Danny Younger
dannyyounger at yahoo.com
Thu Dec 11 08:58:42 EST 2008
Hi Jacqueline,
In the case of the .travel TLD, ICANN entered into an agreement with the Tralliance Corporation on 5 May 2005. One week later, the globe.com exercised its "option" to purchase Tralliance. The agreement between the two companies was originally entered into on February 25, 2003 and has since been amended. The Securities and Exchange Commission granted theglobe.com confidentiality treatment with respect to full disclosure of the details of the Agreement pursuant to Rule 406 under the Securities Act of 1933, as amended.
Subsequently, the globe.com sold out to Labitrav LLC which then changed its corporate name to Labigroup Holdings LLC.
The situation is similar to the acquisition of an accredited registrar by a non-accredited party, and no, nothing has yet gone into place to fix that (although a proposed RAA amendment dealt with the accreditation by purchase topic) and we still haven't seen the promised comprehensive review of registrar accreditation processes that was promised by our so-slow-to-move CEO.
best regards,
Danny
--- On Thu, 12/11/08, Jacqueline A. Morris <jam at jacquelinemorris.com> wrote:
> From: Jacqueline A. Morris <jam at jacquelinemorris.com>
> Subject: Re: [NA-Discuss] When a Registry goes Rogue
> To: dannyyounger at yahoo.com
> Cc: "NA Discuss" <na-discuss at atlarge-lists.icann.org>
> Date: Thursday, December 11, 2008, 8:34 AM
> Danny Younger wrote:
> > 2. Registry ownership can change. You might think
> that you are approving an applicant's bona fides, yet
> the applicant's undisclosed intent is to immediately
> turn over the registry operation/management to another
> entity upon receipt of the delegation. You might think that
> you are approving an application on the part of a
> publicly-listed firm, only to see shenanigans start when the
> firm thereafter goes private. Changes in ownership should
> require some type of re-accreditation/re-certification or
> ICANN-approval process.
> >
> This is what happened with RegisterFly in that they got
> their accreditation via buying an accredited company,
> wasn't it? Didn't something already go in place to
> fix that?
> Jacqueline
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