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 ...
A federal appeals court says Hertz can’t force bondholders to give up interest payments in chapter 11 while paying “massive ...
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 ruled in favor of bondholders Tuesday, ordering Hertz to pay them more than $270 million in interest ...
Bondholders’ recent appeals court victory against Hertz Corp. came because the car rental giant was solvent, but debate ...
Hertz Noteholders Land Win in Bankruptcy Interest Payoff Fight | Bloomberg Law - On Tuesday, an appeals court ruled that car ...
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Willkie Farr & Gallagher scored a major win at the Third Circuit for bondholders in the bankruptcy of Hertz Corp. entitling ...