farewell to Righthaven

BoinbBoing.Net reports that the internet domain of Intellectual Property Troll, Righthaven, has been sold in a public auction. The funds go to creditors of the bankrupt firm. The demise of this Troll was reported earlier. In a nutshell, Righthaven was an attempt to earn money from websites on behalf of newspaper owners. The idea was that newspapers quoted on the web "would assign 'the right to sue' to Righthaven, which would pursue lawsuits on their behalf, and share the take. Righthaven's primary tactic was to shotgun legal threats to everyone they could find, regardless of whether their claims had merit, and then withdraw the threat when someone stood up to them -- classic copyright trolling."

May all intellectual property trolls go that way, and leave the legal field of Intellectual property to serve those who actually create something new and beneficiary to society and wish to reap the fruits of their own labor.