Court Confirms Chapter 11 Plan of Simmons Bedding Company, et al.
On January 5, 2010, Delaware Bankruptcy Judge Mary F. Walrath confirmed the Second Amended Chapter 11 Plan of Simmons Bedding Company and related debtors. Confirmation of Simmons' pre-packaged plan clears the way to closing an acquisition of Simmons by certain affiliates of Ares Management LLC and Teachers’ Private Capital, the private investment department of the Ontario Teachers’ Pension Plan. To view the opinion, please click here.
