Urethane Blog

SSB Update

April 6, 2023

Serta Simmons Bedding, LLC

Case # 23-90020

Judge David R. Jones

Jurisdiction Texas – Southern District

Filed Jan 23 2023

Manufacturing

  • Overview
  • Dockets
  • Claims
  • Key Documents
  • Adv. Proceedings

Case Information

On January 23, 2023, Serta Simmons Bedding, LLC and thirteen (13) U.S. affiliate companies (collectively, the “Debtors”) each filed petitions in the United States Bankruptcy Court for the Southern District of Texas seeking relief under chapter 11 of the United States Bankruptcy Code. The Debtors’ cases have been assigned to Judge David R. Jones. The Debtors cases are jointly administered for procedural purposes, meaning that all pleadings are maintained on the case docket for Serta Simmons Bedding, LLC, Case No. 23-90020 (the “Main Case Docket”). The Main Case Docket can be accessed through the website maintained by the United States Bankruptcy Court for the Southern District of Texas (https://www.txs.uscourts.gov). An unofficial version of the Main Case Docket is accessible by selecting the “Dockets” tab above.View Less

Case Actions

Equity Transfer Procedure Documents

Notices, Restrictions, and Other Procedures Regarding Ownership and Transfers of Interests in the Debtors and Certain Worthless Stock Deduction Claims to All Persons or Entities that Beneficially Own Equity Interests in the Debtors

    •  Notice of Substantial Stock Ownership
    •  Notice of Intent to Purchase, Acquire or Otherwise Accumulate Dawn Stock
    •  Notice of Intent to Sell, Trade or Otherwise Transfer Dawn Stock
    •  Declaration of Intent to Claim a Worthless Stock DeductionView Less

Press Release

Serta Simmons Bedding Takes Decisive Actions to Strengthen Financial Position and Drive Long-Term GrowthView Less

Restructuring Information

The company is operating as normal and is serving retail partners and sleepers as usual. SSB’s manufacturing facilities are fulfilling orders, and the company is continuing to work with suppliers and vendors in the ordinary course of business. SSB also has meaningful launches planned for this year from Serta and Beautyrest.

For information and inquiries about this matter, please call the numbers listed below. U.S.-based parties should use the toll free number below. International parties should use the non-U.S. number below.

Toll Free U.S. #: (877) 618-5414

Non U.S. #: +1 (503) 966-3043

Additional information regarding the court-supervised process is available on SSB’s restructuring website, www.SSBRestructuring.com.

Supplier Frequently Asked QuestionsView Less

Key Dates

23

JAN

10:02 PM CT

2023

Petition Date

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24

JAN

01:00 PM CT

2023

First Day Hearing

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27

JAN

03:30 PM CT

2023

Scheduling Conference

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1

FEB

12:00 PM CT

2023

Continued Scheduling Conference

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1

MAR

01:00 PM CT

2023

Rescheduled Omnibus Hearing

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14

MAR

10:00 AM CT

2023

Meeting of Creditors

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16

MAR

05:00 PM CT

2023

General Bar Date

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23

MAR

09:00 AM CT

2023

Disclosure Statement Hearing

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29

MAR

10:00 AM CT

2023

Hearing

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5

APR

01:45 PM CT

2023

Hearing

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1

MAY

04:00 PM CT

2023

Voting Deadline

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8

MAY

09:00 AM CT

2023

Confirmation Hearing; Final Hearing re: Cash Management Motion

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22

JUL

05:00 PM CT

2023

Governmental Bar Date

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Section 341 Meeting of Creditors

Pursuant to Section 341 of the Bankruptcy Code, a meeting of creditors was held telephonically on March 14, 2023 at 10:00 a.m. (CT).

Notice of Chapter 11 Bankruptcy Case [Docket No. 187]

Debtors (14)

Lead Debtor 23-90020 Serta Simmons Bedding, LLC

Related Debtors

23-90019

Dawn Intermediate, LLC

23-90024

Dreamwell, Ltd.

23-90022

National Bedding Company L.L.C.

23-90021

Serta International Holdco, LLC

23-90027

Simmons Bedding Company, LLC

23-90025

SSB Hospitality, LLC

23-90026

SSB Logistics, LLC

23-90018

SSB Manufacturing Company

23-90030

SSB Retail, LLC

23-90023

The Simmons Manufacturing Co., LLC

23-90029

Tomorrow Sleep LLC

23-90028

Tuft & Needle, LLC

23-90031

World of Sleep Outlets, LLC

Dawn Holdings, Inc., Serta, Inc., Serta Canada Ltd., SSH Canada Holding Co., LLC, SSH Bedding Canada Co., and Simmons Caribbean Bedding, Inc. are not part of the filing.

https://dm.epiq11.com/case/sertasimmons/info

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