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7min chapter
Hertz, make-wholes, and solvent debtors with Andrew Gallo of Morgan Lewis
Legal Lens
Bankruptcy Revelations: Solvent Debtors in Focus
This chapter analyzes the bankruptcy cases of Hertz and Ultra, emphasizing the unique emergence of solvent debtors during these proceedings. It also discusses the impacts of the COVID-19 pandemic and oil price fluctuations on their recoveries while exploring the implications of recent court rulings on the treatment of solvency and the absolute priority rule in future cases.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode