Also known as "reverse domain name hijacking", which is my book is worse than cybersquatting, as the cybersquatting action is typically initiated by a layperson whilst reverse hijacking is typically initiated by, or with the assistance, of a legal professional. Abuse of process, tortious interference, slander to title, false light, extortion . . . every possible cause of action that could result in an award of punitive damages ought to be thrown at the person/company that initiates such abusive proceedings as such actions are nothing less than using process to bully and strongarm in my book, pure legal thuggery. The nuclear option is not only on the table it's the only appropriate response to such despicable tactics.