Westmore · UDRP DecisionThaler-assets.com
The Panel ordered transfer of <thaler-assets.com>. It found that the Complainant had trademark rights in THALER following its 2025 merger with Banque Thaler SA, that THALER remained recognizable in the disputed domain name despite the addition of “assets,” and that the Respondent had not rebutted the Complainant’s prima facie case regarding the absence of rights or legitimate interests. On bad faith, the Panel applied the passive-holding doctrine, relying on the trademark, the domain name’s composition using a banking-related term, the low plausibility of good-faith use, and the Respondent’s failure to respond or provide evidence of contemplated good-faith use.
The timeline behind thaler-assets.com
Registration, the decision and the archived record of what this domain actually displayed — from public RDAP and the Internet Archive.
Westmore reconstructs the full history behind thaler-assets.com — from public RDAP and the Internet Archive — as part of UDRP Intelligence:
The case illustrates how a complainant can establish UDRP standing through documented corporate succession even before trademark-register ownership details have been formally updated. It also demonstrates passive-holding analysis where a domain combines a financial-services mark with an industry-relevant term and the respondent offers no plausible good-faith explanation.
Result of record. The panel's reasoning and decisive facts behind each element are in the Intelligence dossier below.
ARBITRATION AN D MEDIATION CENTER ADMINISTRATIVE PANEL DECISION CA Indosuez (Switzerland) SA v. Tedy Perin Case No. D2026-0761 1. The Parties The Complainant is CA Indosuez (Switzerland) SA, Switzerland, represented by id est avocats Sàrl, Switzerland. The Respondent is TEDY PERIN, France. 2. The Domain Name and Registrar The disputed domain name <thaler-assets.com> is registered with GoDaddy.com, LLC (the “Registrar”). 3. Procedural History The Complaint was f iled with the WIPO Arbitration and Mediation Center (the “Center”) on February 23, 2026. On February 24, 2026, the Center transmitted by email to the Registrar a request f or registrar verif ication in connection with the disputed domain name. On February 24, 2026, the Registrar transmitted by email to the Center its verification response confirming that the Respondent is listed as the registrant and providing the contact details. The Center verif ied that the Complaint satisf ied the f ormal requirements of the Unif orm Domain Name Dispute Resolution Policy (the “Policy” or “UDRP”), the Rules for Uniform Domain Name Dispute Resolution Policy (the “Rules”), and the WIPO Supplemental Rules for Uniform Domain Name Dispute Resolution Policy (the “Supplemental Rules”). In accordance with the Rules, paragraphs 2 and 4, the Center f ormally notif ied the Respondent of the Complaint, and the proceedings commenced on February 26, 2026. In accordance with the Rules, paragraph 5, the due date f or Response was March 18, 2026. The Respondent did not submit any response. Accordingly, the Center notif ied the Respondent’s def ault on March 25, 2026. The Center appointed Andrea Jaeger-Lenz as the sole panelist in this matter on April 7, 2026. The Panel f inds that it was properly constituted. The Panel has submitted the Statement of Acceptance and Declaration of Impartiality and Independence, as required by the Center to ensure compliance with the Rules, paragraph 7. page 2 4. Factual Background The Complainant is a Swiss bank and part of the Crédit Agricole Group, one of Europe’s largest banking groups. Following a merger in 2025, the Complainant is the legal successor of Banque Thaler SA (Bank Thaler AG), a Swiss bank seated in Geneva, Switzerland (as per Appendix 3 to the Complaint). Through the merger, the Complainant has become owner of several trademarks in the designations THALER and BANQUE THALER including the f ollowing (as per Appendix 7 to the Complaint): - Swiss trademark registration No. 470901 THALER (word/figurative), registered on March 29, 2000, f or banking and f inancial services in Class 36; - Swiss trademark registration No.476020 BANQUE THALER (word/f igurative), registered on September 11, 2000, f or banking and f inancial services in Class 36; - Swiss trademark registration No. 827352 BANQUE THALER (word/figurative), registered on February 28, 2025, f or banking and f inancial services in Class 36. The Complainant owns the domain names <banquethaler.ch>, and <banquethaler.com>. The disputed domain name was registered on August 13, 2025. At the time of filing the present Complaint, it resolved to a blank website without content. 5. Parties’ Contentions A. Complainant The Complainant contends that it has satisfied each of the elements required under the Policy f or a transf er of the disputed domain name. Notably, the Complainant contends that it owns rights in the trademarks THALER and BANQUE THALER. The Complainant refers to Appendix 3 which is an extract f rom the Swiss Of f icial Gazette of Commerce which shows that Banque Thaler, the entity on behalf of which the trademarks according to Appendix 7 were registered, was absorbed by merger into the Complainant, thereby ef f ecting a transf er of all intellectual property rights of BANQUE THALER including the relevant trademarks. Merely the f ormal steps to update the trademark registrations to the Complainant as current owner had not yet been completed. The Complainant argues that the disputed domain name is conf usingly similar to the THALER trademark, as it includes the trademark in its entirety, supplemented by a hyphen and the additional element “assets”, which, according to the Complainant, is descriptive and refers to the Complainant’s field of business and theref ore does not remove the likelihood of confusion. On the second element, the Complainant contends that the Respondent has no rights or legitimate interests in the disputed domain name. Two of the trademarks of the Complainant were registered in 2000, long bef ore the disputed domain name was created. The Complainant finds it highly unlikely that any prior use of the Respondent exists. In addition, the disputed domain name accurately ref lects the Complainant’s trademark, and the addition of the ref erence “assets” specif ic to the Complainant’s f ield of business increases the allusion of an association of the disputed domain name with the Complainant. This, so the Complainant claims, argues against the existence of a legitimate interest and demonstrates the Respondent’s desire to give the illusion of an association with the Complainant. Moreover, the website, to which the disputed domain name directs, is blank. On the third element, the Complainant contends that the disputed domain name was registered and is being used in bad f aith. The Complainant points to the disputed domain name being identical to one of the Complainant’s trademarks which, according to the Complainant is sufficient as a presumption of bad f aith. The addition of the descriptive term “assets” relating to the Complainant’s f ield of activity is, so the page 3 Complainant states, also likely to create a presumption of bad faith. In addition, the Complainant argues that the absence of use of a disputed domain name is not incompatible with the existence of bad f aith, in particular when a respondent conceals its identity. Finally, the Complainant asserts that in the banking sector lookalike domain names are primary instruments f or phishing and f inancial f raud. Against this background, the passive holding of the disputed domain name f or which there is no plausible good-f aith explanation is to be considered a latent threat to the integrity of the f inancial system and a risk of f raud. B. Respondent The Respondent did not reply to the Complainant’s contentions. 6. Discussion and Findings A. Identical or Confusingly Similar It is well accepted that the f irst element f unctions primarily as a standing requirement. The standing (o r threshold) test for confusing similarity involves a reasoned but relatively straightf orward comparison between the Complainant’s trademark and the disputed domain name. WIPO Overview of WIPO Panel Views on Select UDRP Questions (“WIPO Overview 3.1”), section 1.7. The Complainant has shown rights in respect of a trademark or service mark for the purposes of the Policy. WIPO Overview 3.1, section 1.2.1. The Panel f inds the mark is recognizable within the disputed domain name. Accordingly, the disputed domain name is conf usingly similar to the mark f or the purposes of the Policy. WIPO Overview 3.1, section 1.7. Although the addition of other terms here, “assets”, may bear on assessment of the second and third elements, the Panel finds the addition of such term does not prevent a f inding of confusing similarity between the disputed domain name and the mark for the purposes of the Policy. WIPO Overview 3.1, section 1.8. The Panel f inds the f irst element of the Policy has been established. B. Rights or Legitimate Interests Paragraph 4(c) of the Policy provides a list of circumstances in which the Respondent may demonstrate rights or legitimate interests in a disputed domain name. Although the overall burden of proof in UDRP proceedings is on the complainant, panels have recognized that proving that a respondent lacks rights or legitimate interests in a domain name may result in the dif f icult task of “proving a negative”, requiring information that is often primarily within the knowledge or control of the respondent. As such, where a complainant makes out a prima facie case that the respondent lacks rights or legitimate interests, the burden of production on this element shifts to the respondent to come f orward with relevant evidence demonstrating rights or legitimate interests in the domain name (although the burden of proof always remains on the complainant). If the respondent f ails to come f orward with such relevant evidence, the complainant is deemed to have satisf ied the second element. WIPO Overview 3.1, section 2.1. Having reviewed the available record, the Panel finds the Complainant has established a prima f acie case that the Respondent lacks rights or legitimate interests in the disputed domain name. The Respondent has not rebutted the Complainant’s prima facie showing and has not come f orward with any relevant evidence demonstrating rights or legitimate interests in the disputed domain name such as those enumerated in the Policy or otherwise. page 4 The Panel f inds the second element of the Policy has been established. C. Registered and Used in Bad Faith The Panel notes that, f or the purposes of paragraph 4(a)(iii) of the Policy, paragraph 4(b) of the Policy establishes circumstances, in particular, but without limitation, that, if found by the Panel to be present, shall be evidence of the registration and use of a domain name in bad f aith. In the present case, the Panel notes that the Respondent has registered the disputed domain name consisting of the Complainant’s mark combined with the term “assets” which is a descriptive term in the banking business, meaning an economic value expected to provide f uture benef its and administered by a bank. The disputed domain name does not resolve to any website content. Paragraph 4(b) of the Policy sets out a list of non-exhaustive circumstances that may indicate that a domain name was registered and used in bad faith, but other circumstances may be relevant in assessing whether a respondent’s registration and use of a domain name is in bad f aith. WIPO Overview 3.1, section 3.2.1. Panels have f ound that the non-use of a domain name (including a blank or “coming soon” page) would not by itself prevent a finding of bad faith under the doctrine of passive holding. To the contrary, in looking at the totality of circumstances in each case, panels have f ound that the registration and non-use of a domain name can still constitute bad f aith f or purposes of the Policy. WIPO Overview 3.1, section 3.3. Having reviewed the available record, the Panel notes the distinctiveness or reputation of the Complainant’s trademark, and the composition of the disputed domain name, consisting of the Complainant’s trademark and a descriptive term from the banking business. Taking this into consideration, the overall plausibility of any good faith use of the disputed domain name is low. Furthermore, the Respondent has failed to submit a response and provide evidence of actual or contemplated good faith use. Accordingly, the Panel finds that in the circumstances of this case the passive holding of the disputed domain name does not prevent a f inding of bad f aith under the Policy. The Panel f inds that the disputed domain name was registered and is being used in bad f aith, and that the Complainant has established the third element of the Policy. 7. Decision For the f oregoing reasons, in accordance with paragraphs 4(i) of the Policy and 15 of the Rules, the Panel orders that the disputed domain name <thaler-assets.com> be transf erred to the Complainant. /Andrea Jaeger-Lenz/ Andrea Jaeger-Lenz Sole Panelist Date: April 20, 2026
Source of record: WIPO . Reproduced for research; WIPO is the authoritative source.
What Westmore sees around thaler-assets.com
The decision is only the record. Westmore connects it to the cases, authorities, panelists, parties and domain evidence surrounding it.

A short, grounded explanation drawn only from this decision's record — not legal advice or a prediction.
Grounded in the Westmore record for this decision. Research/informational only — not legal advice or a prediction of any outcome.
The decision is only the beginning.
You've seen what happened. Now discover the deeper intelligence behind the case, the panelist, the parties and the authorities that matter.
Go beyond the public record: see how this case has been cited, find comparable decisions, analyze the panelist and apply the relevant authorities to your Matter.
Westmore Professional · $395/month
Research with UDRP IntelligenceWestmore AI drafts an attorney-review-ready UDRP response from your facts, grounded in the exact panel and closest precedent.
$895 one-time per matter · no subscription required. Self-help drafting aid — not legal advice.
Build your responseWestmore UDRP records draw on WIPO-indexed decisions and are provided for research and informational purposes only. Not legal advice, a clearance opinion, or a prediction of any outcome.