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. ... Continue Reading6 Comments
Court Greenlights Sex.com Order
· Policy & LawOrder 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 ... Continue Reading8 Comments
Breaking: Sedo to Sell Sex.com Domain Name
· Policy & LawSettlement 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 ... Continue Reading6 Comments
New Developments in Sex.com Case
· Policy & LawMore 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 ... Continue Reading7 Comments
Judge Denies DOM Partners Motion to Dismiss Bankruptcy Case
· UncategorizedBankruptcy 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 ... Continue ReadingLeave a Comment
DOM Partners Fires Back at Mike Mann in Sex.com Case
· Policy & LawCreditor 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 ... Continue Reading7 Comments