Discovery Capital Management argued the rental-car company’s debt and equity deals amounted to a payment-triggering ...

Hertz said in a US court filing on Friday that it voluntarily filed for Chapter 11 reorganization. It did not include operating regions, Europe, Australia and NZ The more than a century old car ...

Hertz emerged from bankruptcy in 2021. Shares were down about 3% in Friday’s late trading. Scherr had expressed confidence in the business on Hertz’s last earnings call in early February ...

The recent rally in Hertz stock has done one thing for the company. It's given it the motivation to launch one last hail mary attempt to save itself from bankruptcy. Hertz has made a filing with ...

The rental car giant filed for bankruptcy last month, but that hasn't stopped Robinhood investors from buying the stock. Now, they're trying it with Hertz. Despite the fact that the company just ...

Under the reorganization plan, Hertz shed about $5 billion of debt and emerged with liquid assets worth roughly $2.2 billion out of the gate. Since its bankruptcy exit, Hertz has delivered ...

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Hertz Global Holdings on Friday won the dismissal of a lawsuit claiming that the rental car company was required to redeem ...

Mugford, Kristin, Stuart C. Gilson, and Samuel Antill. "Hertz in Bankruptcy: A Wild Ride in Pandemic Times." Harvard Business School Spreadsheet Supplement 222-713, April 2022. (Revised December 2022.

Hertz's Chapter 11 bankruptcy protection filing is bringing attention to risks in this sector of the ABS market. Last Friday, the car rental company filed after a plunge in used car prices combined ...

The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business all but vanished during the coronavirus pandemic and talks with ...