Advantage Seeks Del. Court OK For Ch. 11 Liquidation

By Leslie A. Pappas ( December 9, 2021, 5:09 PM EST) -- The former parent of Advantage Rent A Car and its bankrupt affiliates will seek approval Friday of a Chapter 11 plan to liquidate all remaining assets, asking a Delaware bankruptcy court to overrule objections from the Office of the U.S. Trustee that the plan would absolve too many nonfiduciary parties of liability....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!