Advantage Rent A Car Files for Chapter 11 Bankruptcy
The bankruptcy petition lists liabilities of $500 million to $1 billion with estimated assets of $100 million to $500 million.
May 27, 2020
The bankruptcy petition lists liabilities of $500 million to $1 billion with estimated assets of $100 million to $500 million.
May 27, 2020
Rental car companies will be cited if they rent vehicles to people who are supposed to be in quarantine.
May 9, 2020
The changes expand the pool of businesses eligible to borrow and lowers the minimum loan size.
May 1, 2020
The bonds back the $200 million renovation of the State Farm Arena.
April 24, 2020
Last Thursday, the SBA announced it had stooped accepting new applications, though this Tuesday the Senate approved a measure that would revive the program geared to keep small businesses afloat.
April 17, 2020
In a letter to Congress, the American Car Rental Association asks for increased funding and loan extensions for the Paycheck Protection Program, as well as a vehicle buyback program to stimulate new vehicle sales.
April 16, 2020
The funds will help airports impacted by the coronavirus pandemic. The funds are available for airport capital expenditures, airport operating expenses including payroll and utilities, and airport debt payments.
April 15, 2020
While this DHS document is not binding on other federal agencies or on state or local governments, it is an important tool to reference if government officials question your company’s continued operation during the pandemic.
April 1, 2020
As much of the U.S. is under mandatory stay-at-home orders, airlines have already seen a drastic decline in full flights.
March 25, 2020
The City of New York needs licensed ride-hailing drivers to deliver food to senior citizens.
March 25, 2020
As state and local governments look to slow the spread of the coronavirus by mandating business closures, the American Car Rental Association maintains that car rental should be able to remain open to meet local and urgent transportation needs.
March 24, 2020
The letter from the American Car Rental Association to Treasury Secretary Mnuchin asks for grants or loans to purchase car rental industry assets, federal funds to help pay airport guarantees and concessions, and deferrals on taxes.
March 19, 2020
The alliance is advocating for government intervention to protect millions of jobs and small- and medium-size business.
March 19, 2020
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