"Victory in the adversary proceeding and a judgment declaring the 2020 transaction valid were essential to confirmation of SSB’s chapter 11 Plan of Reorganization," Weil said.
June 08, 2023 at 06:22 PM
6 minute read
The original version of this story was published on Texas Lawyer
Weil, Gotshal & Manges attorneys claimed a victory for Georgia-based Serta Simmons Bedding LLC, following issuance of a U.S. Southern District of Texas Bankruptcy Court opinion that opens a path for the company to emerge from bankruptcy.
Gibson, Dunn & Crutcher, representing the co-plaintiff lenders, described the outcome as “a sweeping victory at trial.”
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