In a much-anticipated decision, the United States Court of Appeals for the Third Circuit recently held that unsecured ...

Hertz Global Holdings (HTZ) trades more than 3% higher in Tuesday morning trading. Up 33% over the past five days, it appears ...

Rental car company Hertz owes about $270 million in interest to bondholders who were paid off early as a result of the ...

Hertz faces increasing debt challenges, high interest rates, fluctuating used vehicle prices, and a court case loss impacting ...

In happier days, Hertz was the rare company in bankruptcy that was still solvent at the end of the case. As a consequence, its shareholders instead of being wiped out got a package worth just over $1 ...

Make-wholes, Goldman credit cards, SEC phone pings, an off-and-on merger, Jeff Bezos’s house and a Vulfpeck album.

A federal appeals court says Hertz can’t force bondholders to give up interest payments in chapter 11 while paying “massive ...

A federal appeals court ruled in favor of bondholders Tuesday, ordering Hertz to pay them more than $270 million in interest ...

The US Court of Appeals for the Third Circuit on September 10, 2024 issued its anticipated opinion in In re The Hertz Corp., with a majority ...

Reuters.com is your online source for the latest news stories and current events, ensuring our readers up to date with any ...

Willkie Farr & Gallagher scored a major win at the Third Circuit for bondholders in the bankruptcy of Hertz Corp. entitling ...