The Hertz Corporation

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Case overview

Case Number:

1:20-bk-11218

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. April 21, 2021

    Hertz Gets OK For Creditor Vote On Ch. 11 Plan

    A Delaware bankruptcy judge Wednesday declined to give potential alternative equity backers of Hertz Global's Chapter 11 plan more time to finalize their proposal, instead giving the car rental giant the go-ahead to send its restructuring plan out for a creditor vote.

  2. April 16, 2021

    Hertz Ch. 11 Bidding War Reignites On Eve Of Disclosure OK

    The original equity sponsor for the Chapter 11 plan of car rental giant Hertz Global reemerged as a bidder to underwrite a multibillion-dollar financial restructuring of the company, leading a Delaware bankruptcy judge Friday to delay a hearing on the debtor's plan disclosure statement.

  3. April 15, 2021

    Hertz Defends Ch. 11 Plan, Says Exit Needed By Summer

    Warning that it needs to hit the gas soon on its Chapter 11 plan to get the benefit of "hot" debt and equity markets and the approaching summer travel season, The Hertz Corp. urged a Delaware bankruptcy judge Thursday to reject current disclosure and financing objections.