Serta Simmons completes Beautyrest brand portfolio with 2 launches
The company is introducing collections to a portfolio that is meant to support customers at a variety of price points.
The National Law Review8d
Serta, Mitel, and Incora’s Potential Impact on Uptiers
Recent court decisions offer insights into how different courts interpret uptier transactions based on specific credit ...
JD Supra18h
Fifth Circuit Reverses Bankruptcy Court’s Ruling on Lenders’ Sacred Right of Pro Rata Repayment in Uptiering Transaction
On December 31, 2024, the Fifth Circuit Court of Appeals overturned the Bankruptcy Court for the Southern District of Texas’ (the “Bankruptcy ...
JD Supra17d
Latest Uptier Decisions in Serta and Mitel Remind Contract Language Matters
This alert assumes familiarity with the facts regarding Serta’s 2020 non-pro rata uptier transaction, as previously written about by MoFo here: Client Alert: Caveat Lendor: Serta Confirmation ...
Serta® Celebrates 25th Birthday of the Serta Counting Sheep at Winter Las Vegas Market
LLC, a leading global sleep company, is celebrating 25 years of the beloved Serta® Counting Sheep mascot at the Winter Las Vegas Market, taking place6-30, 2025.
Wall Street Journal24d
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 to one group of lenders while excluding others, a landmark ...
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’ ...
Reuters25d
5th Circuit rejects Serta Simmons' controversial 2020 debt deal
Dec 31 (Reuters) - The 5th U.S. Circuit Court of Appeals ruled Tuesday that mattress maker Serta Simmons did not treat its lenders equally in a controversial 2020 debt deal, warning that similar ...