Legal Question in Technology Law in Massachusetts
Transfer of Domain Name from Foreign Company
We are currently working with a client who is in the process of purchasing a domain name an Asian country. How is the best way to handle this transaction, in terms of legal contract and payment transaction? Should we set up an escrow account?
Asked on 4/16/00, 8:22 pm
1 Answer from Attorneys
Ronald Cappuccio
Ronald J. Cappuccio, J.D., LL.M.(Tax)
Re: Transfer of Domain Name from Foreign Company
The transaction should be through an escrow intermediary that both sides trus, ex. an Internal Bank Trust Dept.
Answered on 4/24/00, 9:43 pm