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Forbes Wins Domain Name Lawsuit Against Russian Travel Agency

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Forbes magazine won by court action the right for forbes.ru domain name. The magazine may now receive a record large compensation for the violation of trademark rights on the internet. The compensation can be the largest in Russia’s judicial practice, The Vedomosti newspaper wrote.

Moscow Arbitration Court ordered Landmark VIP Service Travel Agency to compensate Axel Springer Russia and Forbes Media LLC for the illicit use of the trademark in the domain name. The award will make up $300,000 (about 8 million rubles) in case the court ruling is not appealed.

Source : http://english.pravda.ru/
 
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