Lenders Left Out Of Serta Uptier Deal Win $400M In Ch. 11 Suit

By Clara Geoghegan · July 8, 2026, 5:01 PM EDT

Creditors that were excluded from Serta Simmons' so-called uptier debt restructuring are entitled to $261 million in damages plus interest, a Texas bankruptcy court has found, ruling against lenders that participated...

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Case Information

Case Title

Serta Simmons Bedding LLC et al. et al v. AG Centre Street Partnership et al. et al

Case Number

4:23-ap-09001

Court

Texas Southern

Nature of Suit

Date Filed

January 24, 2023