The Supreme Court has declined to hear Hertz's challenge of a lower court decision that put it on the hook for more than $270 million in interest payments to its former bondholders. On Jan. 12, a ...

Hertz has been in business for over 100 years. In May, the car-rental company filed for reorganization under Chapter 11 in bankruptcy court in Delaware. On Monday, Hertz announced in a press release ...

Investors and executives thought electric rentals would print money, turning sleek battery cars into long‑lived assets that barely lost value. Instead, a wave of aggressive bets on Teslas has exposed ...

Hertz Global’s US$24bn restructuring had it all: an unexpected collapse from a once-in-a-lifetime pandemic; distressed debt investors with the vision to recognise a once-in-a-career investment; ...