About 5-6 years ago, I agreed to work with a gentleman here in Austin to develop a website. For my time in developing the website and since he owned the domain, we agreed to split the advertising revenue.
At the end of our 2-year agreement, the same gentleman had a fallen out with mutual business partners about another website we operated. It was a pretty bad fallen out too, involving legal and lawsuits.
Allegedly, this gentleman had possession of a domain that was personally not his. He forced the company to purchase another domain name because he held the old name ransom.
Well, some time passed and cooler heads prevailed. The old domain was transferred to the company after some tough negotiations.
Not too long after this, I approached the gentleman with an offer about buying the domain that I had developed a website for years prior.
The domain was no longer being used, so I thought I had a decent shot at getting the domain at a reasonable price.