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US Trustee Challenges Sleep Number Staff Retention Plan

By Emlyn Cameron · July 15, 2026, 4:18 PM EDT

The U.S. Trustee's Office has urged a New York bankruptcy judge to reject troubled mattress company Sleep Number's proposal to retain certain employees, saying a buyer is likely to keep them...

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Bankruptcy Scorecard

Summary

Personalized mattress retailer Sleep Number Corp. filed for Chapter 11 protection to hold a quick auction process backed by a stalking horse offer from Sleep Country Canada.

Case Number

Kyu Young Paek

Venue

U.S. Bankruptcy Court for the Southern District of New York

Capital Structure

Total Liabilities:

$1 billion to $10 billion

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Documents

Related Sections

Case Information

Case Title

Sleep Number Corporation

Case Number

1:26-bk-11399

Court

New York Southern

Nature of Suit

Date Filed

June 12, 2026

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