Bankruptcy

Century 21 files for bankruptcy, to close all stores

The decision to "wind down of its retail operations" was made after the company's insurance providers failed to pay $175 million that was due under policies put in place to protect them from losses resulting from the COVID-19 pandemic.

Bankrupt Hertz seeks $5.4M in executive bonuses

Just months after Hertz Global Holdings Inc. shelled out $16.2 million in extra pay meant to keep executives from leaving as the coronavirus pandemic decimated the travel industry, the car-rental company wants to pass out an additional $14.6 million in bonuses.