Changes

The company's Aftermarket and Registrar Division comprises the two units of [[Moniker|Moniker.com]] and [[SnapNames]], and together the two offer an array of services including domain name registration, acquisition, management, appraisal, brokerage and sales. According to an interview given by CEO [[Jeff Kupietzky|Kupietzky]] to CNN.Com, the company has overseen auctions that run into six figures<ref>http://money.cnn.com/video/technology/2010/08/20/t_domain_auction.cnnmoney/</ref>.

The company's Aftermarket and Registrar Division comprises the two units of [[Moniker|Moniker.com]] and [[SnapNames]], and together the two offer an array of services including domain name registration, acquisition, management, appraisal, brokerage and sales. According to an interview given by CEO [[Jeff Kupietzky|Kupietzky]] to CNN.Com, the company has overseen auctions that run into six figures<ref>http://money.cnn.com/video/technology/2010/08/20/t_domain_auction.cnnmoney/</ref>.

==Monte Cahn, Oversee, and Moniker==

==Monte Cahn, Oversee, and Moniker==

In 2008, Moniker was purchased by [[Oversee.net]] for $35 million USD. It had previously been acquired by [[Seevast]] in 2005.<ref>[http://www.seevast.com/news.html Seevast.com]</ref> Part of the acquisition of Moniker by Oversee stipulated that its Founder and CEO, [[Monte Cahn]], come along as the President of Moniker for 3 years. During this time he also filled other roles within the company, such as President of [[SnapNames]].<ref>[http://www.blueglass.com/speakers/monte-cahn/ BlueGlass.com]</ref> He left in December, 2010; in May, 20111  he filed a lawsuit against his former employer.<ref>[http://www.dnjournal.com/archive/lowdown/2011/dailyposts/20110505.htm DNJournal.com]</ref> He filed suit against Oversee, and named its CEO, [[Jeff Kupietzky]], and its founder, [[Lawrence Ng]]; the suit was over alleged non-payment of a $13 million USD incentive plan.<ref>[http://domainnamewire.com/2011/05/04/monte-cahn-sues-oversee-net-over-13-million-incentive-plan/ DomainNameWire.com]</ref>

In 2008, Moniker was purchased by [[Oversee.net]] for $35 million USD. It had previously been acquired by [[Seevast]] in 2005.<ref>[http://www.seevast.com/news.html Seevast.com]</ref> Part of the acquisition of Moniker by Oversee stipulated that its Founder and CEO, [[Monte Cahn]], come along as the President of Moniker for 3 years. During this time he also filled other roles within the company, such as President of [[SnapNames]].<ref>[http://www.blueglass.com/speakers/monte-cahn/ BlueGlass.com]</ref> He left in December, 2010; in May, 2011, he filed a lawsuit against his former employer,<ref>[http://www.dnjournal.com/archive/lowdown/2011/dailyposts/20110505.htm DNJournal.com]</ref> naming Oversee CEO, [[Jeff Kupietzky]], and its founder, [[Lawrence Ng]]; the suit was over alleged non-payment of a $13 million USD incentive plan.<ref>[http://domainnamewire.com/2011/05/04/monte-cahn-sues-oversee-net-over-13-million-incentive-plan/ DomainNameWire.com]</ref>

In September, 2011, Mr. Cahn updated his claims of breach of contract and fraud after a judge tossed out his original claim. The new claim now contains specific language on how Oversee.net allegedly affected Moniker's revenue. He now states that the original acquisition was in violation of an agreement between [[Google]] and Oversee, and that Oversee improperly deflated Moniker's revenue and performance numbers.<ref>[http://domainnamewire.com/2011/09/08/monte-cahn-updates-lawsuit-against-oversee-net-with-new-details/ Monte Cahn Updates Lawsuit, DomainNameWire.com]</ref>

In September, 2011, Mr. Cahn updated his claims of breach of contract and fraud after a judge tossed out his original claim. The new claim now contains specific language on how Oversee.net allegedly affected Moniker's revenue. He stated that the original acquisition was in violation of an agreement between [[Google]] and Oversee, and that Oversee improperly deflated Moniker's revenue and performance numbers.<ref>[http://domainnamewire.com/2011/09/08/monte-cahn-updates-lawsuit-against-oversee-net-with-new-details/ Monte Cahn Updates Lawsuit, DomainNameWire.com]</ref>

In November, 2011, Oversee requested summary judgement on matters pertaining to Monte Cahn's allegations over his Management Incentive Plan. This action does not affect all parts of their standing legal battle, specifically Mr. Cahn's potential breach of contract for selling restaurants.com. However, Oversee claimed that no targets were met in Monte's Management Incentive Plan, and thus that they owe him none of the $13 million guaranteed as a bonus under the MIP.<ref>[http://domainnamewire.com/2011/11/17/oversee-net-we-dont-owe-monte-cahn-anything-for-13m-management-incentive-plan/ Oversee.net We Dont Owe Monte Cahn Anything, DomainNameWire.com]</ref> Mr. Cahn expectedly countered this claim.<ref>[http://domainnamewire.com/2011/11/23/monte-cahn-files-third-ammended-complaint-against-oversee-net/ Monte Cahn Files Third Ammended Complain Against Oversee, DomainNameWire.com]</ref> In December, 2011, it was decided that their legal battle over the MIP would not be a jury trial and the case will thus be argued in front of the court.<ref>[http://domainnamewire.com/2011/12/22/no-jury-trial-over-incentive-plan-in-monte-cahn-v-oversee-net/ No Jury Trial Over Incentive Plan in Monte Cahn v Oversee.net, DomainNameWire.com]</ref>

In November, 2011, Oversee requested summary judgement on matters pertaining to Monte Cahn's allegations over his Management Incentive Plan. This action did not affect all parts of their standing legal battle, specifically Mr. Cahn's potential breach of contract for selling restaurants.com. However, Oversee claimed that no targets were met in Monte's Management Incentive Plan, and thus that they owed him none of the $13 million guaranteed as a bonus under the MIP.<ref>[http://domainnamewire.com/2011/11/17/oversee-net-we-dont-owe-monte-cahn-anything-for-13m-management-incentive-plan/ Oversee.net We Dont Owe Monte Cahn Anything, DomainNameWire.com]</ref> Mr. Cahn expectedly countered this claim.<ref>[http://domainnamewire.com/2011/11/23/monte-cahn-files-third-ammended-complaint-against-oversee-net/ Monte Cahn Files Third Ammended Complain Against Oversee, DomainNameWire.com]</ref> In December, 2011, it was decided that their legal battle over the MIP would not be a jury trial and the case will thus be argued in front of the court.<ref>[http://domainnamewire.com/2011/12/22/no-jury-trial-over-incentive-plan-in-monte-cahn-v-oversee-net/ No Jury Trial Over Incentive Plan in Monte Cahn v Oversee.net, DomainNameWire.com]</ref>

==References==

==References==