First Brands is considering Chapter 7 liquidation for some units as cash shortages intensify. Mediation continues over collateral disputes and the impact of fraud allegations on the restructuring.
Bankrupt auto parts maker First Brands Group has sued Edward James — its former executive and the brother of company founder Patrick James — and its largest creditor, Onset Financial, for conspiring ...
First Brands confirmed it is in talks with an Ad Hoc Group of lenders. Credit: Setta Sornnoi / Shutterstock.com First Brands Group has launched a marketing and sale process to sell its business, in ...
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