Rent-A-Wreck Pushes Back Over Founder's Bid To Toss Ch. 11

Law360, New York (November 7, 2017, 3:55 PM EST) -- Discount car rental company Rent-A-Wreck shot back at its founder’s challenge to its Chapter 11 filing, saying he has provided nothing to back his claim the filing is a judgment-dodging scam.

David S. Schwartz claimed Rent-A-Wreck’s bankruptcy filing is an attempt to escape a contempt order and $84,000 judgment he won against his former company a month before the filing, but Rent-A-Wreck on Friday claimed Schwartz had provided no evidence that it was anything but a valid reorganization undertaken to shed debt and low-performing franchises....
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