NEW YORK, Sept 10 (Reuters) - Rental car company Hertz owes about $270 million in interest to bondholders who were paid off early as a result of the company's 2021 bankruptcy, an appeals court ...

In a much-anticipated decision, the United States Court of Appeals for the Third Circuit recently held that unsecured ...

The decision was based partially on the fact that Hertz was actually solvent when it exited bankruptcy in 2021 and that the plan asserted that noteholders were "unimpaired" because their claims ...

The bondholders, who weren't allowed to vote on Hertz's reorganization plan, swiftly filed a complaint after the finalization of the company's bankruptcy case, claiming they were underpaid.

The U.S. Court of Appeals for the Third Circuit ruled that Hertz couldn’t use its chapter 11 filing to deny interest payments to its bondholders because it went through bankruptcy as a solvent ...

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of ...

Hertz’s leverage is again out of control, bringing the possibility of Chapter 11 proceedings into play less than three years after emerging from bankruptcy. From where I sit, it looks ready ...

Bondholders’ recent appeals court victory against Hertz Corp. came because the car rental giant was solvent, but debate ...

11 bankruptcy on June 30, 2021, has been terrible in an absolute sense and compared to Avis Budget Group (NASDAQ:CAR). Can Hertz use the Bankruptcy Code to force the Noteholders to give up nine ...

Hertz Global Holdings (HTZ) trades more than 3% higher in Tuesday morning trading. Up 33% over the past five days, it appears ...

While there are good deals to be found, particularly in the wake of Hertz’s bankruptcy filing, buyers shouldn’t count on fire-sale prices, experts say. Experts foresee so many filings in the ...