Listen to the Saks bankruptcy court hearing of May 1, 2026, 9 a.m.

This is a peculiar hearing. Based on the explanation to the court on the record, this brief hearing was on approval of the revised disclosure statement submitted to the court for review within hours of the court hearing, with further party input and more changes anticipated. This is towards approval of the disclosure statement so Saks et al can solicit votes in support of a bankruptcy plan. I'm in the corporate restructuring space and found the presentation incomprehensible for the most part. I don't understand why people who didn't receive notice can be considered to have had a chance to review this disclosure statement and react to it in time to come forward to the bankruptcy court.