The WIPO has dismissed New Zealand's gov't complaint seeking the use of the domain name "NewZealand.com". The domain name currently belongs to Virtual Countries, a company based in Seattle.
New Zealand's gov't has itself stated, WIPO argues, that "New Zealand law, custom or practice does not preclude the use of country names under any circumstances. New Zealand does not see any reason why the domain names should be excepted from this general rule."
WIPO claims that the gov't thus knew it had no standing, that it brought the complaint in bad faith, and that it attempted to engage in reverse domain-name hijacking.
Since New Zealand is one of the original, 1931 members of the Commonwealth, at least formally the complaint is filed on behalf of the Queen of England, which means that, ultimately, WIPO's opprobrium is directed at her.
The denial file lives here.