Bankruptcy & Restructuring News Headlines for Monday Jul 1, 2024

Here's what we are reading this morning:

Fisker, Amid Bankruptcy, Recalls Every Single Car In U.S.: Fisker issued a recall and stop-sale of all 2023 Fisker Oceans produced through May, when Magna officially paused production over door handles that "may stick" and prevent passengers from opening the door to enter or exit the vehicle

Extended CDK outage brings chaos to car dealers | CNN Business: As the ongoing systems outage at software provider CDK Global stretches into its second week, car dealerships are racking up millions of dollars in losses, according to a new estimate

Chicken Soup for the Soul Entertainment Files Chapter 11 - The New York Times: The parent company of Redbox, which rents movies through kiosks, filed for Chapter 11 bankruptcy protection on Friday.

Delta Apparel Files for Chapter 11 Bankruptcy Protection: Delta Apparel filed for Chapter 11 bankruptcy protection in the District of Delaware court





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