No offense but I think that is terrible advice. Basically ‘bend over for any corporation immediately’.
If the person holds an asset and isn’t doing anything malicious with it there is zero reason they should be forced to give it up just because some corporation wants it.
They've clearly stated it's a name. You can't make a company, copyright a name, and then attempt to claim all rights to it. See gail.com, nissan.com above.