Tag Archives: escom

Wed 17th November 2010
Written by DomainNameWire in EN and tagged
Sex.com Officially in a Record Books during $13 Million - Sex.com officially becomes the largest all cash publicly announced domain sale of all time. The check has cleared. A few weeks after signing documents for a $13 million all cash deal, Escom LLC has officially sold Sex.com with the help of Sedo. Congratulations to Sedo broker Jeff Gabriel who handled the deal. Also congrats to Sedo for its persistence trying to get the name to broker. It filed an affidavit with the court arguing it should be allowed to broker the ... read more ...
Wed 9th June 2010
Written by DomainNameWire in EN and tagged
Court Greenlights Sex.com Order - Order paves way for sale of Sex.com. The Central California Bankruptcy Court has issued an order approving a settlement between the managers of Sex.com owner Escom, LLC. This means that Escom can go forward with entering into an agreement with domain broker Sedo to sell the domain name. There was a slight hitch in the process as investor Nothin’ But Net (run by Mike “Zappy” Zapolin), which had been quiet in the early stages of the case, filed an objection. ... read more ...
Fri 21st May 2010
Written by DomainNameWire in EN and tagged
Breaking: Sedo to Sell Sex.com Domain Name - Settlement paves way for Sex.com domain name sale. The managers of Escom, LLC, which owns the Sex.com domain name, have agreed to enter into an agreement with Sedo to sell the domain name. Terms of the brokerage agreement are confidential. The agreement to retain Sedo to sell the domain name comes after a settlement between a number of the creditors to Escom. Originally, creditor DOM Partners pushed the Sex.com domain name into foreclosure and scheduled an auction ... read more ...
Thu 29th April 2010
Written by DomainNameWire in EN and tagged
New Developments in Sex.com Case - More fighting between Sex.com owners. It’s a business relationship gone sour, and it doesn’t look to be getting any better. Here’s a recap in the case of Sex.com owner Escom, LLC, as well as the latest developments in this soap opera. To recap: -First, one of the company’s creditors, DOM Partners, pushed the company’s main asset, Sex.com, into a foreclosure auction. -The day before the auction was to take place, three entities controlled by Mike Mann filed ... read more ...
Wed 21st April 2010
Written by DomainNameWire in EN and tagged
Judge Denies DOM Partners Motion to Dismiss Bankruptcy Case - Bankruptcy case to proceed for now. A judge assigned to the bankruptcy case of Sex.com owner Escom, LLC has denied creditor and shareholder DOM Partners’ request to dismiss the case. Three companies run by Mike Mann filed an involuntary bankruptcy petition against Escom the day before Sex.com was to be offered in a high profile auction in New York City. Mann argued that the best way to realize the maximum value from the sale of Sex.com was to hold an orderly bankruptcy ... read more ...
Tue 13th April 2010
Written by DomainNameWire in EN and tagged
DOM Partners Fires Back during Mike Mann in Sex.com Case - Creditor to Sex.com says Mike Mann proves its point. DOM Partners, a creditor and equity investor in Sex.com owner Escom, LLC, has filed a reply (pdf) to Mike Mann’s opposition to DOM’s motion to dismiss bankruptcy proceedings against Escom. In the reply, DOM Partners says that Mann’s opposition and declaration proves that he filed the bankruptcy case in bad faith to prevent a planned foreclosure auction of the Sex.com domain name. Petitioners acknowledge ... read more ...