Threatening Letter from Trademark Lawyer

[kinyotrademark]

Hi,

I have received a letter from the lawyers of a listed company, saying I have infringed their trademark rights.

I have a domain called, xxxxxxxxzzzzzzz ,all one word, the z's being the name of that company-the x's being a descriptive word. I dont want to put in more detail, unless its ok, and its neccesary. The word is not unpolite etc

They have offered me a nominal fee to buy it from me, plus some costs.

I would like to keep it, but cant afford legal bills etc.


Does anyone have any comment on what I should do ?

I appreciate anyones help, and of course, would never hold anyone responsible for bad info.

Thanks

[flyingron]

If you're squatting on someone else's trademark you can expect to lose the domain dispute proceedings. You'll lose the domain without any compensation at all.

[kinyotrademark]

Thks.

It was a genuine mistake .. I will trf the content, to another domain.

Cheers