Who Could Stop the .ORG Sale? PIR, ICANN and the Legal Entities
▻https://btw.media/en/who-could-stop-org-sale-pir-icann-ethos-capital
Summary
– The proposed acquisition did not place one indivisible “.ORG sale” before a single global decision maker. The transaction parties controlled the Equity Purchase Agreement and its termination; corporate bodies controlled their own approvals; #Pennsylvania authorities controlled the proposed conversion of #PIR from a nonprofit corporation to an LLC; #ICANN controlled consent under section 7.5 of PIR’s Registry Agreements; and enforceable post-closing safeguards required a separate contract amendment.
– Registrants, civil-society organisations, governments and accountability claimants could supply evidence, create political and legal risk, and test ICANN’s procedure. They could not cast ISOC’s corporate vote, issue a Pennsylvania approval, sign a Registry Agreement amendment or deliver ICANN’s contractual consent.
– ICANN’s leverage came from the registry contracts, not ownership of PIR. Section 7.5 provided that a consummated change of control could not be voided by ICANN, but a reasonably withheld consent could expose the Registry Agreements to termination. ICANN acted before the extended deadline at which silence could have become deemed consent.
– The enforceable outcome was a contractual refusal followed by private-law termination. ICANN did not cancel the Equity Purchase Agreement, Pennsylvania did not reject the conversion on the merits, the California Attorney General did not issue an injunction, and no reassignment, redelegation or transaction-related root-zone act occurred.
Quelque chose se passe concernant les domaines .org ... ... ...
Imogen - Mastodon
▻https://mstdn.social/@HopelessDemigod/117093565704523588
At the end of last week, the Internet Society (#ISOC) announced that it has sold the rights to the .org registry for an undisclosed sum to a #private_equity company called #Ethos_Capital. The deal is set to complete in the first quarter of next year.
More recent decisions by ICANN also had a significant bearing on the decision to sell the .org registry.
Decisions like this is why I’ve hated ICANN for 26 years.
