Serta Uptier Ruling Marks Shift On LME Questions

By Alex Wittenberg · July 9, 2026, 7:46 PM EDT

A Texas bankruptcy judge's decision this week to award roughly $400 million to lenders excluded from Serta Simmons' controversial "uptier" deal is poised to transform creditor-on-creditor disputes and shift how debtors...

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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