I attended a reunion in New Jersey commemorating - but not celebrating - the 25th anniversary of the USLines declaration of Chapter 11 bankruptcy in November 1986. I had not seen some of the attendees in twenty-five years. There was much camaraderie and many reminiscences among the group of seventy. Coincidentally, our European organization held a reunion the same week in Rotterdam and many of those folks are now scattered around the globe. The moral is there is life after bankruptcy but if you can avoid it, please try to do so.
tjs
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The USL bankruptcy was the best thing that ever happened to me. Yes, it was fine to have dozens of smart colleagues, but having dozens of middle to senior management contacts in many different shipping companies was an enormous advantage to me for ever afterwards.
ReplyDeleteSorry, didn't realise I was anonymous. Howard James, once of EUCO London, now retired after 30 years working for Sharaf (USL agent) in Dubai.
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