99 Cents Seeks Quick Ch. 11 Auction For IP, Real Estate

By Clara Geoghegan · April 17, 2024, 5:46 PM EDT

Bankrupt discount retail chain 99 Cents Only hopes to sell its real estate, store leases and intellectual property by May 21 as part of its speedy Chapter 11 winding down, according...

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Bankruptcy Scorecard

Summary

Discount store 99 Cents Only and five affiliates filed for bankruptcy in Delaware with more than $1 billion in debt, days after announcing plans to wind down operations and close its 371 stores.

Case Number

1:24-bk-10719

Judge

Kate Stickles

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Between $1 billion and $10 billion in liabilities

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Documents

Related Sections

Case Information

Case Title

Number Holdings, Inc.

Case Number

1:24-bk-10719

Court

Delaware

Nature of Suit

Date Filed

April 07, 2024

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