Baltimorecity
I think he might have a case against you! I don't know the domain, but it seems like you reg'd the plural version because the other was taken by him. Now you are trying to go after him just because you think you are entitled to the domain he owned prior to your business.
Seems like there may be a case of reverse hijacking going on here. I would tread carefully if I was you. You might lose the domain you own now.
What I'm hearing from you is that you don't think your business is worth $1000. If it is, then buy the domain or try to counter his offer and try to get it down a little more. Don't be mean, because he could raise the price on you, or just not sell it at all. He might even be able to start a business on the site he owns.
I don't know UDRP law that much, but I do know you are walking on thin ice.
Just my opinion from what I've read in the posts.
Good luck though.
Back to Jason Newby issue. I'm sure I've bid on his domains and had him renew. It seems to happen alot. I've noticed something weird too that maybe some of you have come across. I've seen many whois with domains that are at Godaddy that look like employees. What I mean is that the domain is at Godaddy and owned by them, but there is a weird name attached to it in the whois. I don't have a domain example to link to, but I've see this alot on domains in the aftermarket.
I'm not sure if this is an internal way of knowing who is managing the domain at GD.
Godaddy will let Jason do what he is doing because he has so many domains there. Plus it brings attention to the other domains in the aftermarket. If you noticed a bunch of LL.com on the aftermarket site, you would look at those and the other domains around it in the listings. It brings traffic to the site.
Plus there may be domains that he doesn't renew if there is little interest in. In which case Godaddy wins for getting the auction fees. It's shady stuff yes. Illegal, no. Maybe one day this jerk will miss a renewal and you could end up with the domain. He's inventing the game, you have to play it.