🚘 Special Edition: The Hertz Corporation ($HTZ) 🚘

💥Hertz Crashes into Bankruptcy Court💥

Going into 2020, many restructuring professionals expected the automotive space to be active. There were a number of reasons for that including, among other things: (a) car lending standards began to tighten disincentivizing buyers to splurge on new car purchases; (b) large OEMs, coming off of years of record car b…