In a little-noticed development, an unidentified buyer has purchased the legal rights to the name, trademark, logo, and other intellectual property belonging to the DC Eagle, D.C.’s longest continuously operating gay bar that closed its doors for good in May.
The sale was finalized on Nov. 12 as part of an auction authorized by the U.S. Bankruptcy Court for the District of Columbia a little over four months after the DC Eagle filed for Chapter 7 bankruptcy on June 26.
Rasmus Auctions, the company retained by the bankruptcy court to conduct the online auction, announced on its website that the purchase price for the winning bidder was $32,800.