News Briefs

  Sivan 1, 5780 , 24/05/20

Hertz files for bankruptcy protection

American car rental company Hertz filed for bankruptcy protection Friday in the wake of the coronavirus pandemic that has crippled global travel and with it, the heavily 102-year-old car rental company’s business, reports The Associated Press.

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 US Bankruptcy Court in Delaware.

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