Update: I called the upcoming service an ISP, but it's really going to be a hosting provider. Think Hover.com rather than Comcast. I was wrong but now it's fixed.

Rob Beschizza at Boing Boing reports that Zurich-based ISP Ort Cloud bought the domain Righthaven.com at auction after Righthaven was shut down in the face of huge debts and a lack of standing in all its pending cases.

The copyright troll Righthaven made a business out of licensing the right to sue infringers of newspaper copyrights, until they were told that the right to sue, although technically valid, does not constitute standing to sue without a license for one of the exclusive rights the Copyright Act gives to copyright holders, as well.

The company sank into debt and was dismantled and sold off in bits and pieces to appease creditors. Ort Cloud plans to build a hosting service at the domain that is more deferential to the rights of its customers than many others. They were explicit, however, that piracy and torrents wil be banned.