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Hertz Exits Bankruptcy, Expects Strong Financial Results in 2021
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Hertz Exits Bankruptcy and Expects Strong Financial Results in 2021
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Hertz Exits Bankruptcy, Expects Strong Financial Results in 2021
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Hertz bankruptcy exit complete; new board installed
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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
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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.