June 5, 2008
6:03 p.m.
Dear Kevin and Doug, The budget states: "Legal costs are budgeted to be $2.7 million largely based upon existing litigation, legal support of organizational initiatives, and the continued work required supporting the new gTLD launch as well as providing all other legal support services for baseline activities. The contingency budget is intended to cover any excess litigation costs that occur. The contingency budget is listed at $4,000,000. Why do you deem it appropriate to set the contingency budget at that very high level? Are you anticipating a massive amount of litigation in response to the new gTLD launch? Thanks, Danny