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thomascook.com

Discussion in 'Domain Industry News' started by super-whois, Oct 30, 2019.

  1. super-whois

    super-whois Active Member

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  2. Domain Forum

    Acorn Domains Elite Member

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    IWA Meetup
     
  3. ian

    ian Well-Known Member

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    The vultures are circling. Makes sense for Thomson to try and buy the domain though, the confusion between the brands goes back as long as they do and has always been a thing.
     
  4. diablo

    diablo Well-Known Member

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    I once offered to buy a domain name from a liquidator, but the offer was rejected. I increased my offer, but it too was rejected. Months later, with the company still in liquidation, the domain name dropped.
     
    Last edited: Oct 30, 2019
  5. domain-names United Kingdom

    domain-names Active Member

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    Us too, made a decent offer but rejected and dropped a few months later.
     
  6. ian

    ian Well-Known Member

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    Bought quite a few domains via liquidators, though not for a couple of years, and there always seemed to be a default "offer must be more than £700 to make it worth the paperwork".
     
  7. domain-names United Kingdom

    domain-names Active Member

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    We didn't try to get anything cheap, our offer for the particular domain name was £10k.

    if an individual can be held liable for selling assets cheaply, surely then can also be held liable for losing a valuable asset for the sake of £4.50.

    It wouldn't make any sense to the creditors of the company that don't get paid.
     
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  8. diablo

    diablo Well-Known Member

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    Both my offers were five figure offers.

    Liquidators have a duty to realise a company's assets so that creditors and hareholders can be repaid. They are failing in that duty by allowing valuable assets to be lost when offers are on the table. Personally, I believe this happens because the liquidators in question have no idea about domain names and are not in the loop as regards renewals.
     
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  9. Edwin

    Edwin Well-Known Member

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    Back in the olden days of the internet, I was within hours of buying a "real" PR9 domain from a bankrupt company's liquidators in the US. (If you don't know, a PR9 domain would have had millions of legitimate incoming links from trusted sites all over the web.) But this was before Paypal was in widespread use, and I couldn't find any way to get the money from Japan to their US account in time. Despite several calls and faxes (yes, they were a thing) they ultimately refused to wait 24 hours for me to clear payment on my higher offer, and sold it at a loss to them of over US$10,000.
     
  10. pugyrob United Kingdom

    pugyrob Well-Known Member

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    Bought many at liquidation and missed many. More backhanded float around with liquidators than at Wimbledon. Plus on the whole they have not got a clue about domains or where they are held.
     
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  11. BREWSTERS United Kingdom

    BREWSTERS Well-Known Member

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    Liquidators are, in general, scum. Such a corrupt business, they make estate agents look like saints. They wield too much power and rarely have to explain their actions. Often underselling assets (to their pals), their loyalty lies with the entity that employed them...so long as they and that entity gets their cut.
     
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  12. Ben Thomas

    Ben Thomas Well-Known Member

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    If I remember rightly, there was a liquidator on this forum not so long ago.