Scott - 

        Indeterminate…  When it comes to intangible assets, there are 
accounting standards that have one consider things like how the asset was 
obtained (developed versus purchased, cost, fair-market value, useful lifetime, 
impairment, etc.)   

        This means what organization ultimately decides to show as an 
"intangible asset" on their balance sheet is involves significant judgements in 
application of these standards to their circumstances, and is hence impossible 
to categorically state from an external viewpoint. 

Thanks,
/John

John Curran
President and CEO
American Registry for Internet Numbers


> On 3 Sep 2021, at 7:05 PM, [email protected] wrote:
> 
> Hi John,
> 
> Thank you for these clarifications.  I appreciate your detailed responses for 
> the edification of myself and other participants.
> 
> I am curious... would resources allocated under 4.10 be considered 
> differently, or not as an asset, due to the relevant and proper restrictions 
> against transfer placed upon them?
> 
> Scott
> 
> On Fri, 3 Sep 2021, John Curran wrote:
> 
>> On 3 Sep 2021, at 1:12 AM, [email protected] wrote:
>>            ...
>> 
>>            No one is claiming anything here, everyone is paying
>>            a fair market price for
>>            what they are using in a scare market. Owning an
>>            asset does not constitute a
>>            crime.
>> 
>>      Being allocated IP addresses from a RIR does not constitute
>>      ownership of an asset, under any circumstances.
>> Scott –
>>      For purposes of consideration of the nature of IP address blocks
>>      in the ARIN region, it is worth noting the following – 
>> 1.  The rights provided to parties upon issuance of an IP address
>> block from the ARIN registry can indeed be consider an “asset” of
>> their estate, 
>> 2.  Those rights are not "freely held", but are intimately tied to
>> corresponding obligations in the implied or explicit agreement that
>> was made for their issuance. 
>> 3.  Courts (probate, bankruptcy, civil,...) may order disposition of
>> such assets – ARIN routinely gets involved in such matters, and
>> explains to the parties & courts the various requirements necessary
>> for transfer in compliance with our policies. 
>> 4.  We have many cases where such transfers have occurred, and have
>> never had to update ARIN’s database without adherence to our policies
>> and entry into an RSA by the recipient. 
>> I will also observe by "being issued an IP address block”, the set of
>> rights received by a party is a _limited_ set of rights to the
>> registration entry in the registry database.   There are other rights
>> (e.g. the right to the determine the format and fields of the entire
>> entry - e.g. when we add an abuse contact), the right to require
>> certain portions be published publicly, etc. – these rights are held
>> and administered by ARIN on behalf of the community. 
>> What does this have to do with policy?   The community can determine
>> the policies that apply to resource holders, such as when and how they
>> may be subdivided/leased/etc. The community can decide what reporting
>> obligations are associated with the number resources.  ARIN will
>> enforce clear policy developed by the community in this regard, but
>> otherwise will simply strive to maintain a stable & secure registry
>> (in order to support stable & secure Internet operations.) 
>> To the extent that people have specific policy proposals, please
>> submit them per the following process –
>> https://www.arin.net/participate/policy/pdp/appendix_b/
>>  
>> Thanks!
>> /John
>> John Curran
>> President and CEO
>> American Registry for Internet Numbers

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