Court documents obtained by Standard Today show the compromise under which Kaimo agreed to turn over the contested domain, was reached in March.
In a phone interview, Kaimo confirmed the settlement but would not comment on its terms. “œThat’s all I’m allowed to say,” he said.
PLDT spokesman Ramon Isberto also spoke in general terms.
“œA compromise has been reached. The kernel of that agreement is that both parties have agreed to terminate the six-year- old case, and as a result Mr. Kaimo has agreed to turn over both PLDT.com and PLDT.org. These are in the process of being transferred,” Isberto said.
Neither side would say how much money changed hands.
What do you think happened?