Saks Gets OK To Sell Corporate Jet For $6M In Ch. 11

By Alex Wittenberg · April 14, 2026, 2:39 PM EDT

Saks Global Enterprises LLC on Tuesday secured a Texas bankruptcy judge's approval to sell a company jet for $6 million in the luxury retailer's Chapter 11 case....

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Bankruptcy Scorecard

Summary

The parent company of luxury department store chain Saks Fifth Avenue filed for Chapter 11 protection in a Texas bankruptcy court, declaring $3.4 billion in funded debt.

Case Number

4:26-bk-90103

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$3.4 billion

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Related Sections

Case Information

Case Title

Saks Global Enterprises LLC

Case Number

4:26-bk-90103

Court

Texas Southern

Nature of Suit

Date Filed

January 14, 2026

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