Bankruptcy & Restructuring News Headlines for Monday Apr 8, 2024

Here's what we are reading this morning:

99 Cents Only Stores Announces Wind-Down of Business Operations: The Company has entered into an agreement with Hilco Global to, among other things, liquidate all merchandise owned by the Company and dispose of certain fixtures, furnishings, and equipment at the Company's stores. Sales under this agreement are expected to begin April 5, 2024 and will be carried out at all 371 of the Company's store locations.

EV bankruptcies put their software-defined vehicles at risk | Automotive News: In an era where each new model contains proprietary software, company failures can have grave implications for vehicle functionality

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