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You registered a site by a name that is different than what the other guy registered.. and perhaps not even close.. in which case you don't have a case because you have no legal claim to the name.
If however, you can trademark the full name before he does (which HE may be doing as we speak, after your contact with him), then you can do something.
Using the name prior to someone else probably won't hold much water insofar as who has legal rights to use it..
As said previously.. get your butt in gear and get it trademarked asap and hope this guy doesn't beat ya to it..
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