Hertz Starts Talks With Bondholders Over Make-Whole Payout Suit.

Hertz Corp. is in negotiations with bondholders to settle a lawsuit over a make-whole payout of over $270 million. The car rental company, which emerged from bankruptcy as solvent, repaid all creditors and gave stockholders over $1 billion, leading to legal battles with bondholders demanding interest payments and fees. The company's willingness to enter talks marks a shift from its previous stance of seeking a Supreme Court review, with disagreements over the exact amounts owed for make-whole premiums and post-petition interest. [Extracted from the article]