Wed 06/07/2023 15:32 PM
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UPDATE 1: 3:33 p.m. ET 6/7/2023: Citadel will ask for the Serta confirmation ruling to be certified for direct appeal to the U.S. Court of Appeals for the Fifth Circuit, according to Citadel’s stay motion. Citadel will also request that the Fifth Circuit consolidate its plan appeal with an “already-pending appeal regarding the propriety of the transaction that is at the heart of the prepetition indemnity claims at issue,” the motion adds, a reference to Judge David R. Jones’ March summary...
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