Steinhoff subsidiary SUSHI seeks UK scheme recognition to help Mattress Firm
SUSHI has filed for Chapter 15 recognition of an English restructuring scheme. (Credit: iStock.com/_LeS_)
A Delaware subsidiary of embattled South African retail conglomerate Steinhoff has filed for US recognition of an English scheme of arrangement it began this week, in a bid to shore up the Chapter 11 restructuring of the group’s sagging Mattress Firm.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now