Kevin Medina Regains Control of RegisterFly
The mainstream media is beginning to take notice of the RegisterFly disaster. BusinessWeek reports that Kevin Medina has regained control of the company after he had been fired by his former partners several weeks ago:
In a legal decision that stunned even the lawyers for the victor, a U.S. District Court judge on Mar. 8 handed over the embattled Web registrar Registerfly.com to the executive who was running it when it began to founder. Judge Peter Sheridan ruled in favor of defendant Kevin Medina, who had been chief executive of the parent company, Unifiednames, before he was fired by two other board members on Feb. 12.
Medina’s partners, including John Naruszewicz, who temporarily took over as RegisterFly CEO, had accused him of embezzling company funds and of being the primary cause of all of the registrar’s problems.