I admit that I haven't done this personally, and IANAL.. He should definitely talk to a real lawyer about it! I was making the assumptions that 1. the OP wants

I admit that I haven't done this personally, and IANAL.. He should definitely talk to a real lawyer about it! I was making the assumptions that 1. the OP wants the name for legitimate business use (not resale), 2. the name isn't already trademarked elsewhere, 3. the name isn't confusingly similar to another legitimate business. My suggestion was more to incorporate the business, and launch with a similar domain name, trademark everything, and get the business started before trying to take the name from the squatter.