Lender Group Blasts Serta Simmons Ch. 11 Plan

By Rick Archer ( May 11, 2023, 8:42 PM EDT) -- A group of lenders in litigation with Serta Simmons over a 2020 refinancing deal Thursday told a Texas bankruptcy judge the mattress maker can't insert indemnification of the other participants in the refinancing into its proposed Chapter 11 plan....

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