Covid-19 drives Hertz to bankruptcy
International care rental company Hertz has filed for Chapter 11 protection in Delaware with 28 US and two Canadian subsidiaries (Credit: shutterstock.com/aureliefrance)
One of the world’s largest car rental companies, Hertz, has filed Chapter 11 proceedings in Delaware after creditors failed to offer further extensions to waiver and forbearance agreements in the midst of the pandemic.
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