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Rental car company Hertz emerges from bankruptcy, with changes to board Laura Layden, Fort Myers News-Press Hertz files for bankruptcy Replay Video Hertz has emerged from bankruptcy. The Florida-based rental car company in business for more than 100 years announced its anticipated successful exit from Chapter 11 bankruptcy late Wednesday afternoon.  In a news release, Hertz Global Holdings, parent of The Hertz Corp., said it had emerged as a financially and operationally stronger company that is well-positioned for the future.   © Ted Shaffrey/AP A Hertz store is closed during the coronavirus pandemic. In approving the plan, Walrath described the outcome as fantastic, saying it surpassed  any result that I ve seen in any Chapter 11 case that I ve faced in my 20-plus years.

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