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Hertz Warrant Holder Sues In Chancery For Contract Breach

By Jeff Montgomery (June 17, 2024, 4:05 PM EDT) -- Two investment affiliates of Discovery Capital Management LP have sued Hertz Global Holdings Inc. in Delaware's Court of Chancery, alleging willful failure to redeem warrants issued in 2021 as part of the company's Chapter 11 and demanding at least $187 million plus interest....

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