Finally, the Washington State court has ruled in lawsuit between Namecheap and Tucows.
The recent Supreme Court of Appeal ruling from the Washington State Supreme Court has ruled in favor of delaying the transfer of domain names to Namecheap using the Bulk Transfer After Partial Portfolio Acquisition (BTAPPA) Mergers/Acquisitions” of Tucows.
Prior to this, Tucows proposed instead of a mass transfer, they would provide the EPP code for customers to transfer themselves. But this was rejected by Namecheap. The reason is that it will be troublesome for a large number of their customers.
At the same time, one more important reason that Namecheap needs to transfer domain names in 2017 is due to the .COM and .NET domains transfer agreement in the form of BTAPPA with Verisign will no longer be effective after 31/12/2017.
After reviewing and consulting the expertise of an ICANN employee and knowing that the transfer with the BTAPPA form is most appropriate in this case, the court ordered Tucows to quickly transfer 3.2 million .COM and .NET domains to Namecheap.
Before leaving Enom, Namecheap played a very important role in the company’s results. It accounts for 25% of the total revenue coming from the domain name business. Although the domain name registration price in Namcheap is quite cheap, it may be seen that the first year revenue is not large, but Enom will have increased revenue in the following years when the full income from the expired domain or the parking domain. It is easy to understand if Tucows deliberately refuses to transfer the domain names to Namecheap.