Leosghost - 11:05 pm on May 18, 2013 (gmt 0)
Normally WebmasterWorld and it's members do not recommend talking advice ( especially legal advice ) from a forum ..including this one..
That said :) ..I maintain many "defensive " company registrations in the UK..( What that means is basically I pay to keep UK limited companies with name XXXXXXX in existence so as to prevent anyone in the UK registering the XXXXXXX.co.uk ) <= they could ..even if I had nor registered it..but the UK courts and nominet ..would "give the domain to me" if I challenged their ( possibly "prior" )registration..
Provided that the area of business of my businesses was the same as the "squatters"..Proving this "entitlement"' may involve "one" in lawyers .and may involve "expense"..
I keep many of these companies as "dormant"..annual cost including official office address at less than €100.00 ..per company..I also have the .co.uk of most of them registered to my companies anyway..
So your situation would not arise...because I have foreseen it, and prevented it..
But I would suggest to you that if the current owner of the .co.uk does not have the matching UK ltd company registered to them..that you should register it to you..
It will help your "official" leverage in the UK..with nominet..
The item of primary importance for the UK authorities ( including Nominet ) ..is.. which of you registered a UK company ( or sole trader etc etc ) in the UK "legal space" first..and what was covered in that company's business description ( articles )..I would still nevertheless recommend that you take legal advice in the UK about this ..