Mattress Firm, Inc., along with forty (40) affiliates and subsidiaries, has filed a petition for relief under chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Lead Case No. 18-12241). Mattress Firm’s petition estimates its assets and liabilities to both be between $1–$10 billion. First Day Pleadings are still being filed. According to a press release, the Debtors enter chapter 11 having negotiated a prepackaged plan of reorganization with their major stakeholders, pursuant to which the Debtors will close up to 700 stores nationwide. A business plan posted publicly on the claims agent’s website provides additional details regarding the Debtors’ reorganization plan. Epiq Bankruptcy Solutions is the proposed claims and noticing agent. The cases have been assigned to the Honorable Christopher S. Sontchi.