AfterDawn: Tech news

Sex.com auction halted by creditors

Written by Andre Yoskowitz @ 19 Mar 2010 6:31 User comments (2)

Sex.com auction halted by creditors Sex.com, the domain name that was expected to go up for auction with a minimum $1 million bid, has seen that auction taken down by its creditors.
Escom LLC., the company that bought the domain name for $14 million just 4 years ago, has filed for bankruptcy protection, saying they are owed $10 million. The three creditors, Washington Technology Associates, iEntertainment Inc, and AccountingMatters.com noted that the auction "would have diminished the value of Escom's assets."

When a company files for an involuntary bankruptcy protection, lenders are temporary prevented from seizing assets.

Previous Next  

2 user comments

119.3.2010 20:37

Yeah looks like the creditors NEED their share of porn from the sound of it. Can't take the candy away from them without them crying!!

210.1.2011 00:40

It can be tricky trying to determine which of these two options is better for your specific situation. If you are looking for used bank owned cars for sale in Fort Collins, CO and decide to deal with the lending institutions directly, there your deal will be based upon how much the of the loan the original owner paid off. If you attend an auction, you will definitely find a great deal, but it may take several auctions in order to locate it.
=====================================
<a href="http://www.gov-auctions.org" rel="dofollow">auto auctions</a>

Comments have been disabled for this article.

Latest news

Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets (06 Jun 2023 9:19)
Roomba Combo j7+ is the very first Roomba model to combine robot vacuum with mopping features. And Roomba Combo j7+ does all that with a very clever trick, which tackles the problem with mopping and carpets. But is it any good? We found out.
Neato, the robot vacuum company, ends its operations Neato, the robot vacuum company, ends its operations (02 May 2023 3:38)
Neato Robotics has ceased its operations. American robot vacuum pioneer founded in 2005 has finally called it quits and company will cease its operations and sales. Only a skeleton crew will remain who will keep the servers running until 2028.
5 user comments
How to Send Messages to Yourself on WhatsApp How to Send Messages to Yourself on WhatsApp (20 Mar 2023 1:25)
The world's most popular messaging platform, Meta-owned WhatsApp has enabled sending messages to yourself. While at first, this might seem like an odd feature, it can be very useful in a lot of situations. ....
18 user comments
How to Enable Bluetooth on Stadia Controller How to Enable Bluetooth on Stadia Controller (11 Feb 2023 1:04)
Google shut down its streaming game service Stadia late last month and this means that some people have Stadia controllers lying around that seem to be of no use. That is fortunately not the ....
2 user comments
Guide: How to Kick Unwanted Guests from Your Netflix Account Guide: How to Kick Unwanted Guests from Your Netflix Account (26 Jan 2023 2:14)
Sharing a Netflix account with a person in a different location is possible and indeed very common, although the company doesn't necessarily enjoy this behavior from their customers. However, ....

News archive