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Posted by bhouston 9/13/2025

Publishers Clearing House bankruptcy leaves lifetime winners without payments(www.kgw.com)
5 points | 3 comments
bhouston 9/13/2025|
I originally read about it here but this article is paywalled:

https://www.nytimes.com/2025/09/12/business/pch-sweepstakes-...

Even after the assets of PCH were acquired it doesn’t include its liabilities. So these lifetime winners are completely out of luck.

JoeAltmaier 9/13/2025|
What a strange deal - you can buy the assets of a company but not the liabilities? What oligarch invented that insantity.
abstractspoon 9/14/2025|
Easy come, easy go