This reminds me of the current Dubai commercial property crisis. During the boom, everyone bought property without asking if there was a legal framework for res

This reminds me of the current Dubai commercial property crisis. During the boom, everyone bought property without asking if there was a legal framework for resolving disputes. Now that there's a bust, investors are finding Dubai's opaque property laws make it very difficult to resolve disputes and get your money out. http://www.nytimes.com/2010/10/07/business/global/07dubaibuild.html?_r=1 http://www.nytimes.com/2010/10/07/business/global/07dubaibui... You bought virtual commercial real-estate in Libya and now you're finding you are subject to local law and bureaucracy. Google's bet on the Greenland TDL with goo.gl is less risky but I'd be interested to see what their lawyers had the local government and ccTLD admins agree to.