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Nominet concern from takeover from Domainers

Posted on 21/08/2012

Nominet ‘sought govt protection from takeover by domain hawkers – An article from TheRegister.co.uk – http://www.theregister.co.uk/2012/08/17/nominet_takeover_gov/

Has been brought to light by an employee that took nominet to an employment tribunal, which found the company guilty of constructive dismissal and disability discrimination against Emily Taylor.

The claims, which Nominet denies, are documented in the findings that theregister.co.uk has managed to get their hands on.

Quote from the article below is concerning for domainers who invest in the .co.uk,.org.uk and other .uk extensions.

“A Nominet initiative known as “Plan G” was a last-ditch attempt to prevent the member-owned company from being take over by “domainers” – people who speculatively buy and sell domain names for profit – according to these documents.

Plan G was “essentially a scheme to involve the Department for Business Enterprise and Regulatory Reform (BERR) in applying pressure for a constitutional change to Nominet if domainers gained control of the board”, according to the tribunal’s judgment.

Back in May 2008, Nominet was rocked when Jim Davies, a solicitor with a history of cybersquatting who specialized in representing domainers, was elected to its board of directors, despite a campaign by executives to keep him out.

A few months later, when Nominet CEO Lesley Cowley returned from a period of stress-related sick leave, Plan G was put in motion, according to tribunal documents.”

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