17 Jan '13, 2pm

ICANN Files Memorandum In Support Of Dismissing Suit Over .Web

Here are the highlights of the ICANN filing: In 2000, IOD executed a release in favor of ICANN so that ICANN would consider IOD’s application to operate a .WEB TLD. IOD knew that ICANN might decline to award IOD the requested TLD, or might award the TLD to a different entity, but IOD specifically released ICANN from claims related to IOD’s 2000 Application and ICANN’s establishment or failure to establish a .WEB TLD. The fact that twelve years passed before ICANN accepted new applications for the .WEB TLD does not mean that the language in the release is somehow less effective. The release is just as enforceable today as in 2000. In its 2000 Application, IOD released ICANN “from any and all claims and liabilities relating in any way to (a) any action or inaction by or on behalf of ICANN in connection with this application or (b) the establishment or failure to establish a ...

Full article: http://www.thedomains.com/2013/01/17/icann-files-memorand...

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