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Sleep Number Corporation
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July 31, 2026
Sleep Number is scheduled to vie to make a deferred compensation trustee to put assets in its bankruptcy estate, a Texas bankruptcy judge will decide whether to confirm MMA Law Firm's liquidation plan and Saks is set to seek permission to sell a lease.
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July 29, 2026
A New York bankruptcy judge has overruled the objection from the U.S. Trustee to the employee retention plan from Sleep Number, finding that the employees aren't insiders, that the risk of them leaving was real and that it would be unfair to renege on promises to the workers.
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July 22, 2026
The unsecured creditors committee for mattress company Sleep Number has tapped a team of lawyers from Pachulski Stang Ziehl & Jones LLP, as the debtor works its way through a Chapter 11 case it began in June.
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July 20, 2026
A New York bankruptcy judge Monday approved the nearly $702 million sale of mattress company Sleep Number to a Canadian bedding retailer, following an agreement to postpone potential future severance payments until the court determines if they would break bankruptcy law.
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July 15, 2026
The U.S. Trustee's Office has urged a New York bankruptcy judge to reject troubled mattress company Sleep Number's proposal to retain certain employees, saying a buyer is likely to keep them anyway.
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July 10, 2026
Jewelry house Lugano Diamonds will seek approval of its bankruptcy plan disclosure, as will battery recycler Ascend Elements, and drug research company Inotiv Inc. will ask for confirmation of its Chapter 11 plan.
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July 09, 2026
The former CEO of bankrupt mattress company Sleep Number Corp. will be permitted to submit a bid to acquire the assets of the business after entering the process at the eleventh hour Thursday.
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July 02, 2026
Mattress company Sleep Number Corp. can hold a mid-July Chapter 11 auction backed by a $415 million stalking horse offer after a New York bankruptcy judge signed off on its sale procedures Thursday.
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June 26, 2026
A battery recycler will seek a Texas bankruptcy court's permission to sell residual assets. A bankruptcy judge in Delaware is slated to issue a bench ruling in bankrupt cryptocurrency company Terraform Labs' Chapter 11 case. And a New York bankruptcy court will consider the Sleep Number mattress maker's bidding procedures motion.
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June 16, 2026
Sleep Number Corp. filed for Chapter 11 protection on June 12 to quickly sell its assets, citing macroeconomic challenges and a chaotic tariff landscape over the last year. Now, a team of Davis Polk & Wardwell LLP attorneys is steering the case.