Sedo.com Sued For $10 Million Dollars Over Failed Sale

mofo · 17-05-2011, 11:36:17 PM

http://www.thedomains.com/2011/05/17...-com-purchase/

jasman · 17-05-2011, 11:43:03 PM

Unbelievable. Arthur Daley would love that.

anthony · 17-05-2011, 11:51:05 PM

LMFAO, can't wait to see this one pan out.

Caz · 18-05-2011, 12:26:36 AM

Was the seller not in violation of sedo's terms by having the domain listed for sale at other marketplaces?

Or was this just a brokered sale?

Sean · 18-05-2011, 01:11:32 AM

The important thing is that Sedo doesn't have any performance clause in their contract so it's difficult to see what a court can do. You can only sue for loss or to force someone to perform (transfer a domain or make a payment) and as neither party has suffered a loss and with no performance clause what other remedy can a court hand down?

Maccke · 29-05-2011, 11:16:54 PM

Of course the seller can try, but I strongly doubt they will get a single cent out if it.

17-05-2011, 11:36:17 PM	#1 (permalink)
mofo Join Date: Feb 2005 Posts: 273 No Classified Ratings Domain Trader Rating: (100% / 21)	Sedo.com Sued For $10 Million Dollars Over Failed Sale http://www.thedomains.com/2011/05/17...-com-purchase/ __________________ Domainstore.co.uk - Over 3K names for sale Last edited by mofo; 17-05-2011 at 11:50:01 PM.

17-05-2011, 11:51:05 PM	#3 (permalink)
anthony Join Date: Dec 2006 Posts: 806 No Classified Ratings Domain Trader Rating: (100% / 5)	LMFAO, can't wait to see this one pan out. __________________ WEEKEND .org.uk Reduced to �2k for short period only, great affiliate opportunities.

29-05-2011, 11:16:54 PM	#6 (permalink)
Maccke Join Date: Jan 2007 Location: London Posts: 158 No Classified Ratings Domain Trader Rating: (100% / 4)	Of course the seller can try, but I strongly doubt they will get a single cent out if it. __________________ Check out current Domain offers @ Affiliate Specialist and learn SEO @ SEO Specialist.co.uk; Extensive guide to SEO and more.. NY.co.uk - launching SOON

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17-05-2011, 11:43:03 PM	#2 (permalink)
jasman Join Date: Jul 2006 Location: UK Posts: 484 No Classified Ratings Domain Trader Rating: (100% / 10)	Unbelievable. Arthur Daley would love that.

18-05-2011, 12:26:36 AM	#4 (permalink)
Caz Join Date: Mar 2010 Location: SALFORD Posts: 1,722 No Classified Ratings Domain Trader Rating: (100% / 71)	Was the seller not in violation of sedo's terms by having the domain listed for sale at other marketplaces? Or was this just a brokered sale?

18-05-2011, 01:11:32 AM	#5 (permalink)
Sean Join Date: Aug 2004 Location: Withnell, Lancashire Posts: 1,226 No Classified Ratings Domain Trader Rating: (100% / 42)	The important thing is that Sedo doesn't have any performance clause in their contract so it's difficult to see what a court can do. You can only sue for loss or to force someone to perform (transfer a domain or make a payment) and as neither party has suffered a loss and with no performance clause what other remedy can a court hand down?