Tag Archives: sex.com

Domain Name Aftermarket

Sex.com auction postponed due to bankruptcy claim

The sex.com domain name auction scheduled for Thursday 18 March has been postponed due to an Involuntary Chapter 11 petition, or involuntary bankruptcy, against the current holder of the domain.

The petition, published on the Domain Name Wire website, notes three claimants for a total of $10,092,118.68. The claimants are Washington Technology Associates who is claiming $6,607,803.66, iEntertainment, Inc. ($3,476,515.02) and AccountingMatters.com, LLC ($7,800.00).

Petitioners took this action to protect their interests and to maximise value for all other creditors and equity holders, says a notice from lawyers Meister Seelig & Fein LLP. The filing will stay the public auction foreclosure proceedings previously scheduled for March 18, 2010, which petitioners believe would have diminished the value of Escom’s assets.

Domain Name Aftermarket, Domain Name Registrants, Domain Name Registrars, Domain Name Registry

Sex Gets Domain Name Industry Hearts Aflutter with SEX.COM and .XXX in the News

Sex always makes a good story for the media, and so it has again recently with the .XXX Top Level Domain about to be discussed again at ICANN’s Nairobi, Kenya, meeting this week and the SEX.COM domain name up for grabs again next week to the highest bidder.The proposal for the .XXX TLD, specifically for adult websites, has been resurrected following its rejection by ICANN in 2005 and then an independent review last month that concluded the decision was unfair and it should be reconsidered. The proposal has been scheduled to be discussed at ICANN’s board meeting this Friday.If approved, Stuart Lawley, chairman of ICM Registry who proposed the new TLD, has said they could be selling .XXX domain names by the end of 2010. However an ICANN spokesman said there was “no indication what action the ICANN board will take”. And it is most likely the board will decide to consult with other members of ICANN and the internet community.In other sex-related domain news, the SEX.COM domain name is set to be auctioned next week with the potential it could set a record for the highest reported domain name sale.The domain name is up for auction on 18 March with opening bids starting at $1 million. The domain name has had a controversial past, expertly described by Kieren McCarthy in his book called Sex.com. In the publicity for the book McCarthy asks “how far would you go to get the internet’s most valuable property?”The sex.com saga has been a battle between two men – Gary Kremen and Stephen Cohen who have gone to extraordinary lengths to gain ownership of the domain name.In his book, McCarthy outlines “the full story behind the battle for Sex.com from its registration way back in May 1994, to its theft a year later by lifelong con-man Stephen Cohen,” according to the book’s website.”The fight soon hit newspapers and TV screens across the world and sucked in the most powerful company on the Internet, as well as the Supreme Court. Ultimately, it determined the future of how the law sees the buildings blocks of the Internet – domain names – forever. But much more than that, it revealed what men are capable of when all their worldly desires are contained within one possession.”The last time it was sold, it cost the current owner $14 million and now there are around 120,000 people visiting the site each month.The domain name is being sold by Maltz Auctions with more information available at maltzauctions.com/auction_detail.php?id=128401For more information on Kieren McCarthy’s book on the saga, see sexdotcom.info

Domain Name Disputes

Battle for Sex.com Takes a New Turn

The saga of the sex.com domain name has taken another turn. The saga was expertly described by Kieren McCarthy in his book called Sex.com. In the publicity for the book McCarthy asks “how far would you go to get the internet’s most valuable property?”

Well, the answer it seems is that one will go too far as the domain name is being sold in a foreclosure sale. Any new bidder though will need to have a certified cheque for at least $1 million to even take part.

The last time it was sold, it cost the current owner $14 million and now there are around 120,000 people visiting the site each month.

The domain name is being sold by Maltz Auctions on Thursday, March 18th at 11:00 am New York Time. More information is available at maltzauctions.com/auction_detail.php?id=128401

The sex.com saga has been a battle between two men – Gary Kremen and Stephen Cohen who have gone to extraordinary lengths to gain ownership of the domain name.

In his book, McCarthy outlines “the full story behind the battle for Sex.com from its registration way back in May 1994, to its theft a year later by lifelong con-man Stephen Cohen,” according to the book’s website.

“The fight soon hit newspapers and TV screens across the world and sucked in the most powerful company on the Internet, as well as the Supreme Court. Ultimately, it determined the future of how the law sees the buildings blocks of the Internet – domain names – forever. But much more than that, it revealed what men are capable of when all their worldly desires are contained within one possession.”

For more information on Kieren McCarthy’s book on the saga, see:
sexdotcom.info