Serta Simmons Says 2020 Deal Staved Off Ch. 11 For Years

By Vince Sullivan (May 25, 2023, 9:50 PM EDT) -- Attorneys representing mattress maker Serta Simmons Beddings told a Texas bankruptcy court Thursday that a 2020 debt refinancing deal was necessary to avoid insolvency at the time, defending the transaction and its Chapter 11 plan....

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