Reno, NV (PRWEB) April 21, 2014
The bankruptcy auction for International Speakers Bureau, Inc. valuable client and speaker assets was extremely successful. Responses to IP Auctions press releases drove over six firms into a very competitive bidding posture. The target for several firms in the Speakers industry registered to participate in the live auction ran on IpAuctions™, Inc auction website, http://www.ipauctions.com.
The bankruptcy case originated in the U.S. Bankruptcy Court for the Northern District of Texas, Case No. 13-34623. The case is administered by Chapter 7 Bankruptcy Trustee Robert Yaquinto Jr. of f Dallas, TX.
A bidding war ensued with multiple bidders running the sale price on the online auction site. The three-day auction has a feature which extends the sale beyond the standard noon termination point on the third day, when a bidder attempts to take the sale with a last minute bid. The extension is ten additional minutes for each last minute bid. There were several last minute bids resulting in a final bid of $130,000.00. The winning bidder has chosen to remain anonymous.
International Speakers Bureau, Inc. was established in 1992. The firm developed a data base of speakers to include over 15,000 contacts as well as a clientele data base that included corporations, associations, universities, government agencies and trade associations from all over the world. The lot included a speaker data base, clientele data base, the associated domain name and the copyrights to the website.
IpAuctions, Inc. congratulates the winning bidder on their intellectual property acquisition.
IpAuctions™ Inc. is the leading online auction firm specializing in the worldwide sale of intellectual property assets. The 13-year-old firm has a proprietary international database of over 10,000 IP attorneys, corporate buyers, and venture capitalists. The company is a member of the National Auctioneers Association and the American Bankruptcy Institute. For more information about this sale or other intellectual property sales, please contact Davel Foote, IpAuctions™ at 866-826-1300 or online: dfoote(at)ipauctions(dot)com.