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24th May 2020, 20:19
Replies: 8
Views: 1,227
Posted By Pistonprop

Chapter 11 is an opportunity to restructure your...

Chapter 11 is an opportunity to restructure your debts. It does not necessarily lead to mergers or take-overs. Companies have successfully emerged from Chapter 11 and become profitable businesses...
24th May 2020, 13:51
Replies: 8
Views: 1,227
Posted By Pistonprop

I thought Hertz had only filed for Chapter 11...

I thought Hertz had only filed for Chapter 11 protection. As such they have not "gone down" and continue to trade.
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