after its analysts published a report earlier this month indicating Hertz would be among nearly two dozen large companies "most likely to declare bankruptcy" during the next year. Understandably ...

Scherr joined Hertz in February 2022 and oversaw the company after its exit from bankruptcy and subsequent reorganization. He previously served as Goldman Sachs Group’s chief financial officer.

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 ...

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 ...

The company has appealed the notice of delisting. Hertz filed for bankruptcy protection last Friday as the collapse in the global travel industry caused by the coronavirus pandemic overwhelmed its ...

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 ...

As one of the key bankers behind Hertz's wildly-successful bankruptcy auction and American Airlines' game-changing Chapter 11 exit merger, Bill shares with Bloomberg Intelligence's Noel Hebert and ...

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.

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 ...

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 ...