First Brands Files for Bankruptcy, Revealing Billions of Dollars in Liabilities

(Reuters) -U.S. auto parts maker First Brands filed for Chapter 11 bankruptcy protection on Monday, burdened by heavy debt ...

First Brands obtains bankruptcy judge approval for $500 million rescue financing

By Dietrich Knauth NEW YORK (Reuters) -Bankrupt auto parts supplier First Brands on Wednesday received a U.S. judge's ...

Millennium Takes $100 Million Hit in Collapse of First Brands

Millennium Management is one of the biggest Wall Street names to get hit by the sudden unraveling of the auto-parts supplier ...

First Brands Bankruptcy Loan Draws Broad Interest From Creditors

The auto-parts maker that collapsed after revelations of potential hidden off-balance-sheet debt has secured new backing from ...
USA Herald

First Brands Filed for Chapter 11 Amid $10B Debt

First Brands filed for Chapter 11 late Sunday night, staggering under the weight of more than $10 billion in debt. The ...

First Brands bankruptcy probe investigating financing irregularities related to invoices

Auto parts maker First Brands has appointed a special committee of independent board directors to investigate its off-balance ...

Lender Clash Over First Brands Collateral Spotlights Off-Balance Sheet Risks

Lenders begin trying to untangle competing claims on inventory, equipment and other assets.

First Brands Collapse Renews Concerns Over Murky Trade Finance

When the auto parts supplier First Brands Group filed for bankruptcy on Sunday, one name popped up in the documents again and ...

Companies tied to First Brands file for bankruptcy

Companies associated with auto parts maker First Brands filed petitions for bankruptcy protection in Texas this week, ...
Modern Distribution Management

Auto Parts Supplier First Brands Files for Bankruptcy

Automotive parts supplier First Brands Group has filed for chapter 11 bankruptcy to stabilize its U.S. business operations ...

Finance Firm Raistone Cuts Workers After First Brands Collapse

Raistone, a short-term financing provider that worked on deals for First Brands Group, has notified dozens of workers that ...

First Brands’ Fall Renews Concerns Over Murky Trade Finance (1)

When the auto-parts supplier First Brands Group filed for bankruptcy on Sunday, one name popped up in the documents again and again: Raistone.