Hertz Gives Competing Ch. 11 Sponsor A Week For New Offer
By Vince Sullivan ( April 26, 2021, 7:19 PM EDT) -- Bankrupt car rental giant Hertz Global asked a Delaware judge Monday for approval of a timetable under which a competing equity sponsor group can submit a new proposal challenging the current Chapter 11 plan while still allowing Hertz to move toward a June confirmation date....
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