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World Kinect Corp V.INT


Primary Symbol: WKC

World Kinect Corporation is a global energy management company. The Company is engaged in offering fulfillment and related services across the aviation, marine, and land-based transportation sectors. It also supplies natural gas and power in the United States and Europe along with a suite of other sustainability-related products and services. Its segments include Aviation, Land and Marine. Its Aviation segment provides aviation-related service offerings, which include fuel management, price risk management, ground handling, 24/7 global dispatch services, and trip planning services, including flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, and related products and services to commercial, industrial, residential and government customers, as well as retail petroleum operators. Its Marine segment markets fuel, lubricants, and related products and services to a base of marine customers.


NYSE:WKC - Post by User

Bullboard Posts
Comment by Teflon2Hypeon Oct 28, 2016 2:57pm
172 Views
Post# 25399730

RE:RE:RE:cant file financials

RE:RE:RE:cant file financials"To file for bankrupt you need to be able to pay a trustee."

Are you out of your mind? So only companies with money can file for bankruptcy? That is like a sign on a Doctors office saying "No sick people allowed"

The Trustee and the Bankruptcy Court costs are a liability of the bankrupt company's estate. If the initial Trustee retainment fee can not be paid up front  then the Trustee becomes a first in line creditor against the bankrupt company's assets. if there is insufficient funds to pay from the assets then the taxpayers are saddled with the cost.



Bullboard Posts