• 11/25/2024

Hertz Bondholders Win Appeal for $272 Million From Bankruptcy Dispute

Wall Street Journal

A federal appeals court says Hertz can’t force bondholders to give up interest payments in chapter 11 while paying “massive dividend” to shareholders.

https://www.wsj.com/articles/hertz-bondholders-win-appeal-for-272-million-from-bankruptcy-dispute-b3376447