We discussed the domain auction for Ramp.com at ebay, several days ago.
We want to report that the listing has been updated to provide for the trasnaction to be completed in escrow through the attorney for the debtor which owns the domain and which has been ordered sold by the Bankruptcy Court.
With this added information it seems like a real sale which the buyer will be protected.
Good luck to everyone bidding on this.
Here is the updated info from the ebay listing:
Ramp.com is owned by Ramp Corporation which is being liquidated in bankruptcy (U.S. Bankruptcy Court for the Southern District of New York case 05-140006). I am the responsible officer coordinating the liquidation. This transaction will be completed through the debtor’s law firm Snow Becker Krauss in New York (www.sbklaw.com). The law firm will hold the payment in escrow until a bill of sale is executed and the domain is transferred.
Damir says
Nice post.
Talk about Company’s going down the toilet hole (Bust) due to Incompetant Mangement.
Your Articles ROCK
admin says
This domain sold for $25K at ebay.
FT says
Nice to see this name won by an end user, discountramps.com. It will be put to good use for sure.
Pura Pastula says
Hey thanks for the post! Just giving a quick thumbs up!