Filed under Domain Auction, domain names
3 comments
DOM Partners LLC, which lent $4,000,000 to Escom LLC to fund the website’s operations is asking the courts to dismiss the involuntary bankruptcy case involving the Sex.com domain name. Since the domain is earning hardly any revenue currently, DOM Partners LLC says that if the case is dismissed an auction would be the best way to recover what is owed on the domain.
There will be a hearing on April 20 at the U.S. Bankruptcy Court in Woodland Hills, California.
who owns dom partners?
it is believed to include Domain Capital but that is speculation..
An auction to recover 4 mil on a site that isn’t generating income….hmmmm. Chalk that up for a major fail.
I’ll start the bidding off at .99 cents.