Serta Ruling Further Narrows Equitable Mootness In 5th Circ.

By Luke Barefoot, David Schwartz and Jack Massey · February 14, 2025, 5:17 PM EST

On Dec. 31, the U.S. Court of Appeals for the Fifth Circuit issued a unanimous decision in the Chapter 11 cases of Serta Simmons Bedding LLC, rejecting a 2020 uptier transaction and...

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