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. After filing the objection Nothin’ But Net worked with creditors DOM Partners and Washington Technology Associates to resolve their differences.

Escom will now operate as a debtor in possession pursuant to sections 1107 and 1108 of the Bankruptcy Code. Assuming the deal with Sedo goes through, you can expect marketing of the domain to begin shortly.

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Comments

  1. June 9th, 2010 | 2:45 pm

    This has been dragging for a long time now. Cannot wait to see the auction results..

  2. jack ford
    June 9th, 2010 | 6:50 pm

    $10mill plus, hustler, playboy,penthouse, time to setup and build your online empire. Keep an eye out on Bodog, you never know!

  3. jack ford
    June 9th, 2010 | 6:52 pm

    You can just do a simple webcam white label site and generate $2-$5k a day.

  4. DR.DOMAIN
    June 9th, 2010 | 7:30 pm

    Still trynna’ figure out how anyone went broke with that domain.I wanna avoid whatever idiocy triggered that.

  5. DR.DOMAIN
    June 9th, 2010 | 7:35 pm

    BTW: SOLD…@ 42million

  6. jack ford
    June 9th, 2010 | 7:58 pm

    did anyone ever try anyting on the domain? No. Parking page doesnt count.

  7. John Berryhill
    June 10th, 2010 | 8:10 am

    “You can just do a simple webcam white label site and generate $2-$5k a day.”

    Maybe you can, Jack, but the rest of us are not all as attractive as you are.

  8. Domainer
    June 10th, 2010 | 9:53 am

    >Maybe you can, Jack, but the rest of us are not all as attractive as you are.

    Speak for yourself John. :)

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