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Claims for Auction

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Listing Information

Attachments

Claims for Auction



Price: Not Specified

Other Item Info
Item #: debke_181329
Created: 12/25/2020
Category: Business Property > Financial > Claim
Sale Date: Wed. Jan 20, 2021
Seller Info
Brett Michael Haywood
Debtor's Attorney
920 North King Street P.O. Box 551
Wilmington, DE 19899
302-651-7700
Bankruptcy Info
Case #: 1:20-bk-11218
Case Title: The Hertz Corporation
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Auction Sale of the Replacement U.S. Unsecured Claims, and described as follows:

The claims against the sellers (the “Seller Guarantee Claims”) under their guarantees of the Existing HHN Notes as filed by the Indenture Trustee (as defined below) will be settled by bifurcating (i.e., severing) the Seller Guarantee Claims from the Existing HHN Notes and allowing the severed Seller Guarantee Claims against each of the Debtors in the principal amount and interest accrued prepetition of the Existing HHN Notes as noncontingent and fully liquidated unsecured claims (the “Replacement U.S. Unsecured Claims”), and more described on the attached PDF.


Additional Details

  1. Auction Date and Time: January 20, 2021 at 10:00 a.m. and auction will close or before January 29, 2021; at 4:00 p.m.
  2. Bid Deposit: 10% of the purchase price
  3. Last date to respond: January 6, 2021


Other Information

Terms and Conditions:

See Attached.


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