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Hertz Loses Bid To Pay $14.6M In Exec Bonuses During Ch. 11

By Nathan Hale (September 17, 2020, 10:17 PM EDT) -- Hertz failed to convince a Delaware bankruptcy court Thursday to approve a $14.6 million bonus program for executives and managers during its reorganization, as the judge said the plan's terms do not clearly provide true incentives to help the car rental giant return to solvency....

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