19 Jan '12, 4pm

Monte Cahn and go to trial next week

Court to decide two aspects of dispute between Moniker founder Monte Cahn and his former employer. Monte Cahn and Oversee.net will square off in court on January 24, but it will be a limited non-jury trial over just a couple aspects of Cahn’s breach of contract claim. The trial will seek to address two issues: 1. Oversee’s treatment of the Oversee EBITDA performance goal under Cahn’s bonus plan 2. Who counts as “TrafficClub customers” for determining if Cahn met his goal for domain monetization Trial briefs submitted by the respective parties shed more light on the history of Moniker as well as Oversee.net’s performance in recent years. Seevast sells Moniker to Oversee.net Monte Cahn sold Moniker to Seevast (called Kanoodle at the time) in 2005. Seevast thought it would go public or be sold within a couple years. Cahn had a provision in the sale that would allow him to ask...

Full article: http://domainnamewire.com/2012/01/19/monte-cahn-oversee-t...

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