Serta Simmons Bedding (SSB), LLC, a leading global sleep company, is celebrating 25 years of the beloved Serta ® Counting Sheep mascot at the Winter Las Vegas Market, taking place January 26-30, 2025.
Considering these rulings, borrowers and lenders may wish to expressly define “open market purchase” to align with the Fifth Circuit’s definition in Serta, and then negotiate whether to ...
At a certain age, back pain seems to become the new normal. Moans and groans creep in between words and, gradually, we surrender to our achy fate. But what if we didn’t? What if we challenged ...
A three-judge panel of the U.S. Court of Appeals for the Fifth Circuit has unanimously held that the debt exchange undertaken by Serta Simmons Bedding did not qualify as an "open market purchase ...
Court Holds That Non-Pro Rata Exchange Offer Violates “Sacred” Lender Rights and Chapter 11 Plan May Not Indemnify Participating Lenders Against Related Lawsuits ...
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 ...
As if mattress shopping weren’t hard enough, a “new” category has emerged—hybrids. Over the past few years, this option has soared in popularity, with many mattresses originally conceived ...