Intellectual Property of Digital Marketing Agency
Listing Information
Intellectual Property of Digital Marketing Agency
Price: $30,000.00
Created: 12/11/2020
Category: Business Property > Intellectual Property > Other
Sale Date: Tue. Jan 5, 2021
Trustee's Attorney
3435 Wilshire Blvd Ste 990
Los Angeles, CA 90010
213-368-5000
Case Title: Attitude Marketing, Inc.
Court: California Central Bankruptcy Court
Chapter: 7
View Case Docket
Description
Auction Sale of intellectual property of Attitude Marketing, Inc. (“Seller”), consisting of a proprietary database of timeshare owners.
The Data Base: The marketing to potential timeshare relief clients was made possible by a database of timeshare owners which Macmillan and Martin developed over several years. The company had constructed its own proprietary CRM (Customer Relations Management) software and access to it was extremely limited and monitored. The data base was always understood to be the most critical asset of the business. By 2013, the database was ostensibly the property of the within seller, Attitude Marketing. However, because by this point Macmillan and Martin were personally the target of lawsuits, and because they more generally wished to change their business model, they created ABS with the object of transferring the database to it and otherwise making ABS the new company to which revenues of the enterprise flowed. ABS was ostensibly owned first by Erica Martin, Cynthia Martin’s daughter, and then by Glenn Chaffin, the enterprise’s controller who was also the fiancé and later husband of Erica. The company had no seed capital and Glenn Chaffin continued to work for the enterprise as a whole, including Attitude Market (which continued in operation at a much more modest level) as its controller.
Financial Overview
Additional Details
- The telephonic auction will take place on or after January 5, 2021.
- Bid Amount: $30,000
- Bid Increment: $2,500
- Bid Deposit: $20,000