Re:Alamo Drafthouse Files for Bankruptcy
by csharptwdec19 on Wednesday March 03, 2021 @03:15PM
(#26333794)
> For instance, Hertz is going through Chapter 11, but you'd never know as a customer.
For most cases yes. I don't know the exposure risk of Hertz in this regard, but in a Chapter 11 it's worth remembering that any people who are legally owed money (i.e. unpaid lawsuits) are counted as 'creditors', I think based on how the GM/Chrysler bankruptcies played out, 'unsecured' ones at that.
For most cases yes. I don't know the exposure risk of Hertz in this regard, but in a Chapter 11 it's worth remembering that any people who are legally owed money (i.e. unpaid lawsuits) are counted as 'creditors', I think based on how the GM/Chrysler bankruptcies played out, 'unsecured' ones at that.