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Can anyone advise me? For the last 5 years I have run a website for a very small company. I've taken no payment, only expenses for telephone charges etc - its been a hobby more than anything else. The site was registered to myself, I have the passwords, I pay for the domain name upkeep - it was always a "joke" between myself and the company owner that if ever a multi-million pound company took us over it was my insurance! Its been an arrangement we were both happy over and still am.
6 months ago he sold the company to a multi-million pound organisation.
The new firm are retaining the old company name - it has a 200 year history which won't be changed. The new owner has JUST found out that he doesnt own the website domain names (I have .co.uk and .com). He's rung me and told me what plans he's got for the website and I've to send him the passwords and any relevant paperwork. To be honestI felt like this was someone demanding my consent to abuse my children!! I got irritated by his jackboot style of negotiation, and put the phone down on him.
Can anyone give me any advice - where do I stand legally? Do I have to let him have the domain names, because he owns the company now? Help!!
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