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.

    • FuglyDuck@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      1 day ago

      you jest, but imagine the captive audience for advertisments. Just lock the door until the add plays so they have to watch it.

        • FuglyDuck@lemmy.world
          link
          fedilink
          English
          arrow-up
          3
          ·
          edit-2
          1 day ago

          “That’s brilliant! you’re hired!” - Ye Old Porta John’s middle manager. “now. what should we call this advertisement stream…?”

          (edit: Fuck. they’re going to run with this, aren’t they?)