Make-Whole Disallowed As Interest Payment In Hertz Ch. 11

By Vince Sullivan ( November 9, 2022, 7:11 PM EST) -- A Delaware bankruptcy judge ruled Wednesday that a $223 million make-whole premium owed by reorganized debtor Hertz Global for redeeming unsecured notes early is the same as unmatured interest and is disallowed under the U.S. Bankruptcy Code....

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