Listen to the Saks bankruptcy court hearing of April 24, 2026

The podcast skips a couple of hearings held in the Saks bankruptcy proceedings earlier in April. The 4/24/2026 hearing is a helpful one to review because it includes an update on the restructuring support agreement and also an update on the anticipated timing of the chapter 11 disclosure statement. Additionally the hearing includes a summary of the proposed chapter 11 exit financing, with the business justification for the terms. At the conclusion of the hearing, the bankruptcy court approved the proposed exit financing, and the court noted another hearing is on for next Friday.