Supreme Court Seeks DOJ View on Hertz Bondholder Case

June 2, 2025, 5:59 PM UTC

The Supreme Court invited a brief from the Justice Department for advice on a Hertz Global Holdings Inc. case about a roughly $320 million payment that the rental car firm may owe to bondholders.

Hertz has been seeking a Supreme Court review of a federal appeals court decision that bondholders from the company’s 2020 bankruptcy are owed make-whole premiums and interest related to the case. The court on Monday issued an order requesting the views of Solicitor General D. John Sauer, the Trump administration’s top Supreme Court lawyer.

“We welcome the Supreme Court’s invitation to the Solicitor General as ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.