Publishers Clearing House bankruptcy leaves lifetime winners without payments kgw.com 4 points by bhouston 6 hours ago
bhouston 6 hours ago 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 5 hours ago What a strange deal - you can buy the assets of a company but not the liabilities? What oligarch invented that insantity.
JoeAltmaier 5 hours ago What a strange deal - you can buy the assets of a company but not the liabilities? What oligarch invented that insantity.
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.
What a strange deal - you can buy the assets of a company but not the liabilities? What oligarch invented that insantity.