Domain investor is the largest creditor. Earth.com has filed for bankruptcy in Colorado, leaving domain investor Innovation HQ waiting for a resolution on a long-term domain deal. According to the filing, Earth.com owes Innovation HQ, Inc $5 ... Continue Reading1 Comment
What happened to DigitalTown
· UncategorizedDigitalTown files reorganization plan to explains what went wrong. DigitalTown (OTC: DGTW) filed for Chapter 11 bankruptcy in September after failing to come to terms with former CEO and founder Richard Pomije. The company is relevant to the ... Continue Reading2 Comments
Things aren’t looking so good for Grandma Heidi Powell
· Policy & LawCybersquatting claim is dead, but battle continues in bankruptcy court. The saga of Grandma Heidi Powell and the domain name HeidiPowell.com seems like it will be settled in bankruptcy court after a federal district judge said a settlement agreement in ... Continue Reading24 Comments
Buying “Distressed” Domain Names – DNW Podcast #69
· PodcastsHow to buy a domain from a company that hit hard times. Companies own a lot of great domain names, but prying them from their hands can be difficult. When companies go through bankruptcy or reorganization, however, there's a buying opportunity for ... Continue Reading1 Comment
Circuit City, Linens ‘n Things, and the Domain Name Industry
· ServicesWill we see domain name companies go bust in 2009? It's capitalism at its best. Circuit City is being liquidated after failing to find a buyer. Linens 'n Things is finishing up the liquidation process (I wonder when they'll sell the LNT.com ... Continue Reading13 Comments