That is shocking. Hope everything is going as well as it can
Really sucks, Biffle has been building his youtube channel and I've been watching him out with his family having fun together.
That is shocking. Hope everything is going as well as it can
How in the world does that happen????
I wouldn’t think by accident.
https://www.reuters.com/legal/litig...es-bankruptcy-wipe-away-24bn-debt-2025-12-29/
Port-a-potty company files for bankruptcy to wipe away $2.4 billion in debt
Dec 29 (Reuters) - United Site Services, which owns 350,000 portable restrooms, filed for bankruptcy in New Jersey on Monday with a plan to eliminate $2.4 billion in debt and hand control to the company's lenders.
USS, which is owned by private equity firm Platinum Equity Partners, said that a majority of the company's lenders have agreed to support the restructuring plan. Despite the high level of support, one large holdout creditor opposes the plan and could pursue a path of "delay and litigation," according to USS' court filings.
USS said it is the largest provider of portable sanitation systems in the U.S., with customers including the Super Bowl, the Federal Emergency Management Agency, music festivals and residential construction projects.
https://www.reuters.com/legal/litig...es-bankruptcy-wipe-away-24bn-debt-2025-12-29/
Port-a-potty company files for bankruptcy to wipe away $2.4 billion in debt
Dec 29 (Reuters) - United Site Services, which owns 350,000 portable restrooms, filed for bankruptcy in New Jersey on Monday with a plan to eliminate $2.4 billion in debt and hand control to the company's lenders.
USS, which is owned by private equity firm Platinum Equity Partners, said that a majority of the company's lenders have agreed to support the restructuring plan. Despite the high level of support, one large holdout creditor opposes the plan and could pursue a path of "delay and litigation," according to USS' court filings.
USS said it is the largest provider of portable sanitation systems in the U.S., with customers including the Super Bowl, the Federal Emergency Management Agency, music festivals and residential construction projects.
How does a company get $2.5 billion in debt? With 350000 units, that's a little over $7100 per unit. Locally it's about $100 per month to rent. $7100 would cover a lot of months and nobody noticed?
How does a company get $2.5 billion in debt? With 350000 units, that's a little over $7100 per unit. Locally it's about $100 per month to rent. $7100 would cover a lot of months and nobody noticed?
What, did they miss some dishes?
