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Justices Won't Hear Serta Simmons Ch. 11 Plan Challenge

By Alex Wittenberg ( November 10, 2025, 10:35 AM EST) -- The U.S. Supreme Court declined Monday to take up a challenge by Serta Simmons lenders to a Fifth Circuit ruling last year that rejected the mattress maker's controversial "uptier" debt exchange, choosing not to consider whether the appellate court erred in altering Serta's Chapter 11 plan without allowing a new vote on it....

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