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Saks Global sends its bankruptcy plan to a creditor vote

By Reuters May 01, 2026 Bearish
Saks Global sends its bankruptcy plan to a creditor vote
Saks Global received court approval on Friday to send its bankruptcy plan to creditors for ​a vote, asking them to approve a restructuring that ‌would wipe out the company's equity and hand control over to its senior lenders.
Saks Global received court approval on Friday to send its bankruptcy plan to creditors for ​a vote, asking them to approve a restructuring that ‌would wipe out the company's equity and hand control over to its senior lenders.