Hertz files for bankruptcy protection amid coronavirus pandemic

Posted by on May 22, 2020 11:21 pm
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Categories: US National Stories

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company’s business. The Estero, Florida-based company’s lenders were unwilling to grant it another extension on its auto lease debt payments past a Friday deadline, triggering the filing in U.S….