Meta claims the corporation is attempting to sell assets to avoid paying the award, so the court grants a temporary restraining order.
Facebook, Instagram, and their parent company Meta Platforms have obtained a temporary restraining order to block the sale of the domain registrar 35.com.
The firms won a cybersquatting complaint against the company for its activity at OnlineNic, which is associated with 35.com. The registrar owes Meta $3.135 plus an estimated $2.2 million in legal fees.
35.com has yet to pay, and Meta learned that earlier this month, 35.com’s (aka 35.cn) board approved the sale of the registrar business and accreditation to another company for around $6.6 million. The sale was set to be approved by shareholders yesterday.
In a filing with the United States District Court in California, which supervised the case, Meta argued:
“Given that 35.CN is attempting to sell its valuable registrar business and accreditation, Plaintiffs fear that 35.CN is frustrating Plaintiffs’ ability to recover any judgment that the Court may enter. Consequently, Plaintiffs request that the Court enter a temporary restraining order freezing 35.CN’s assets to ensure that, among other things, 35.CN is prohibited from selling off its registrar business and accreditation.“
The restraining order, which was authorized by the judge on Friday, prohibits 35.com from selling or transferring its accreditation or registrar business until it has deposited $5.5 million into an escrow account.
Since Meta has long maintained that OnlineNic is a 35.com alter ego and not a distinct business, it is unclear how this would impact the Chinese domain registrar.
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