Lawsuit Settled: gets the domain for 6 figure amount

The $611k runner up for — C. Roussos from Cyprus and owner of several music.* domains — has settled the case with Sedo and dotMobi. As you may all well know he took both the mTLD and Sedo to court and served them with an injunction and a lawsuit. During the last 4-5 weeks his lawyers have been in negotiations with the dotMobi mTLD in light of their final resolution proposal which required him to pay $616,000 for the name.

Source dotMobiz

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