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19 Jul 2020, 2:53 pm by Kevin LaCroix
And there have indeed been a number of high-profile bankruptcies, such as Hertz, Neiman Marcus, and Brooks Brothers. [read post]
All vehicles leased to Hertz under this arrangement are subject to the terms of the master lease agreement and serve as collateral to secure the lease payments owed from Hertz to the special purpose entity. [read post]
5 Jul 2020, 10:12 am by Kevin LaCroix
Some will not survive – a number of high profile companies, such as Hertz and Neiman Marcus, have already filed for bankruptcy. [read post]
21 Jun 2020, 7:18 am
"Berman in turn showed up for work on Saturday with a briefcase full of important papers.Clayton meanwhile sat in  the Starbucks around the corner from the SDNY ( a place Rumpole has spent many an hour at) cooling his heels, sipping a latte,  and wondering whether he needed to worry about the pump-and -dump of Hertz's stock come Monday morning. [read post]
16 Jun 2020, 8:36 pm by Mitu Gulati
Paul Krugman had a piece in yesterday’s NYT about the lunacy in the stock market, where a bankrupt company like Hertz is merrily issuing new stock (here). [read post]
16 Jun 2020, 3:15 am by John Jenkins
Even so, Hertz’s decision to tap the public equity market – which the bankruptcy court approved last Friday – in its current financial state definitely raises the bar when it comes to corporate chutzpah. [read post]
15 Jun 2020, 12:00 am
Mitchell Posilkin, general counsel of the Rent Stabilization Association, which purportedly represents some 25,000 property owners, recently noted that while his members are certainly concerned about the health risks, since they are suffering from months of nonpayment of rent, many are apprehensive about their ability to meet operating costs and expenses, like property-tax payments which are due on July 1st.[11] Another landlord attorney, Michael Rosenthal of Hertz Cherson… [read post]
12 Jun 2020, 9:21 am by Tom Smith
After announcing the opportunistic sale of newly bankrupt shares in Hertz, "investors" are bidding the rental car company's stock up this morning, now back above $3.00 (up 50% this morning) and back above its pre-bankruptcy levels... [read post]
12 Jun 2020, 6:15 am
., LLC, James Gorman, and Barry Krouk: FULL TEXT COMPLAINT (BrokeAndBroker.com Blog)Regulators never thought investors would be gullible enough to buy Hertz 'garbage,' Harvey Pitt says (CNBC)IMF set to slash economic forecasts and warns of a crisis 'unlike anything the world has seen' (CNBC by Silvia Amaro)SEC Obtains Final Judgments Against Movie Director, His Partner, and Their Companies (SEC Release)Co-Founder Of Cryptocurrency Company Pleads Guilty For Role In… [read post]
12 Jun 2020, 6:15 am
BREAKING STORY: Supreme Court Issues DACA Opinion -- READ FULL TEXT The SEC told bankrupt Hertz it has issues with its plan to sell stock, Chairman Jay Clayton says (CNBC by Maggie Fitzgerald)Federal Court Orders Alabama Man to Pay $755,000 for Binary Options Fraud (CFTC Release)Insurance Company and Former CFO Charged with Faulty Loss Reserves Disclosures (SEC Release)Two Mexican Nationals Plead Guilty to Timeshare Telemarketing Scam (DOJ Release)Stopping Hackers in Their Tracks / FBI… [read post]
29 May 2020, 8:50 am by Adam Levitin
Wall Street Journal today has a story about Hertz having paid out $16 million in retention bonuses before filing for bankruptcy. [read post]
26 May 2020, 7:43 am by Amy Starnes
— The Texas Lawbook Hertz files for bankruptcy — Hertz filed for bankruptcy Friday night, the latest victim of the sudden economic downturn sparked by the Covid-19 pandemic. [read post]
8 May 2020, 6:32 am by Mary Brown
There was no question that enterprise customers wanted wireless solutions, as Telxon immediately closed deals with Wal-Mart, Ford, Hertz and other large companies based on this new unlicensed technology. [read post]
6 May 2020, 2:11 pm by Steven M. Sweat
In exchange for driving a Hertz rental vehicle under this program, Lyft drivers receive several incentives. [read post]
29 Apr 2020, 9:06 am by mes286
PanelistsAlejandra Gonza Executive Director and President, Global Rights Advocacy Affiliate Professor, UW School of Law Rebekah Fletcher Deputy Director for Legal Training and Technical Assistance, Kids in Needs of Defense (KIND) Enoka Herat Police Practices and Immigration Council, ACLU of Washington Tim Warden-Hertz Directing Attorney, Tacoma Office, Northwest Immigrant Rights Project [read post]
Pan-European Privacy Preserving Proximity Tracing Initiative According to media sources, an EU consortium led by Germany’s Fraunhofer Heinrich Hertz Institute for telecoms (HHI) will soon release software code that can be used to create apps that will help track transmission chains of COVID-19. [read post]
1 Apr 2020, 6:16 pm by Alicia Maule
Combs also had a brother, Jack, who was convicted of two separate third-degree murders, one of which was a roadside murder committed in a vehicle rented from Hertz Rental Car by Combs and returned it the day after the murder. [read post]
18 Mar 2020, 1:58 pm by The Law Office of John Guidry II
Remember that old Hertz commercial from the ’70s with OJ Simpson running through the airport like he’s heading towards the endzone? [read post]