. Sex.com Foreclosure Auction in NYC Postponed
The domain Sex.com, which was scheduled to be auctioned off yesterday in NYC, was not as result of "drastic, last[-]minute legal filing by the domain's owner's creditors," according to Wired.com.
Creditors of Escom, which acquired the domain and was backed by DOM Partners LLC, a NJ-based lender, lodged an "involuntary Chapter 11 bankruptcy petition" against Escom in the United States Bankruptcy Court for the Central District of California in San Fernando Valley.
The auction page now sales that the sale is postponed and no further details are available.
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