Originally posted by tempy
So what happens if that is the case? I am currently dealing with a (particularly unsavoury) company that does that.
Currently, in the domain world, it seems that whomever is listed as the registrant/administrative contact is assumed to be the legal owner of the domain unless you can prove otherwise in a court of law
. So, you pretty much need to own an oil well in your backyard so that you can afford all the lawyers with that option. Or, you make a deal with the evil hosting company, pay them off and then remember it as an expensive lesson. Or, if possible, you pick yourself up, dust yourself off and start over again with a new domain name.
Of course, if you have the name trademarked, you can do a UDRP per ICANN's policies - but even that will cost a minimum of $1,500 to $5,000.
It's not good news... Sorry.