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Governor Dan McKee announced that over 1300 Rhode Islanders have received support from the state’s Statewide Down Payment Assistance Program
On June 6, 2023, the US Bankruptcy Court for the Southern District of Texas (the "Court") confirmed Serta Simmons Bedding, LLC's ("Serta") Chapter 11 plan and held that Serta's 2020...
Serta Simmons Bedding, LLC’s (“Serta”) chapter 11 reorganization plan has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas in its June 6, 2023 decision....
A common yet contentious liability management strategy is an “uptier” transaction, where lenders holding a majority of loans or notes under a financing agreement seek to elevate or...
A recent decision in the Serta Simmons Bedding, LLC (Serta) saga provides valuable insights into the viability of non-pro rata uptier exchange transactions and may embolden minority lenders...