On Friday we told you about Internet Commerce Association Legal Counsel Phil Corwin resigning after 11 years with the ICA, effective today. This afternoon we learned what the "new opportunity" was that persuaded Phil to make a move. 

In a letter to ICA members Corwin wrote, "I have today, November 6, 2017, terminated all operations of the Virtualaw LLC consultancy and commenced employment in the legal department of Verisign, Inc. in the position of Policy Counsel.  

On October 23rd I advised the ICA Board of my intent to terminate my representation of ICA so that it could commence a search for a new legal and policy counsel. It has been my great honor to represent the ICA and its members since its founding in September 2006. At that time the goal of ICA’s founders was to provide the domain investment industry with eyes, ears, and a strong voice in ICANN, Washington, and other important policy centers. I believe that 

Phil Corwin
Verisign Policy Counsel

we have together achieved that goal and established a strong base on which ICA can build into the future.  

Given that I am now employed by an ICANN contracted party, I have today resigned from ICANN’s Business Constituency and my seat representing it on GNSO Council. I shall continue in my role as a Co-Chair of the RPM Review Working Group.  

Over the past decade I have made become good friends with many members of the domain investment  industry, and I look forward to those warm relationships continuing into the years ahead."