Replies to post #9944 on Universal Express Inc fka USXP

[puppydotcom]

assets sold to pay off creditors - most likely if a buy out were to happen it would be under a bankruptcy since usxp has ceased operations

Imo

[jking1999]

virginian: Let's assume the best case scenario, that Luggage Express is close to being a money maker, or slightly positive, when you take away all the corporate overhang: Then the receiver would attempt to sell it to the highest bidder.

Personally, I don't see it happening, but, in theory, yes, she could try to sell off it, as well as any other subsidiary to anyone willing to buy it.

Her job is to try to get the 21M penalty owed by USXP out of USXP.