Serta Simmons Debt Restructuring Struck Down by Appeals Court
A federal appeals court overturned a bankruptcy plan for mattress-maker Serta Simmons Bedding to hand control of the company ...
5th Circuit rejects Serta Simmons' controversial 2020 debt deal
The 5th U.S. Circuit Court of Appeals ruled Tuesday that mattress maker Serta Simmons did not treat its lenders equally in a ...
US appeals court rejects controversial debt restructuring manoeuvre
Serta ruling could throw cold water on deals that have grown widespread but criticised as ‘creditor-on-creditor violence’ ...