First Brands Says Factor's Ch. 11 Claim Is Protected By Cash

By Vince Sullivan · March 9, 2026, 8:40 PM EDT

Financially troubled auto parts maker First Brands Group told a Texas bankruptcy judge Monday that a third-party factoring lender is protected by cash in segregated bank accounts that the debtor said...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Case Information

Case Title

First Brands Group, LLC

Case Number

Court

Texas Southern

Nature of Suit

Date Filed

September 28, 2025

Recent Articles By Vince

March 09, 2026
Golf Co. Approved For $35.7M Ch. 11 Sale To Nicklaus Family
March 06, 2026
Meet The Attorneys Advising Cumulus Media In Ch. 11
March 05, 2026
Document, Translation Issues Threaten $115M Ch. 7 Cases
March 04, 2026
NY Nursing Home Ch. 11 Atty Pick Draws Creditor Objection
March 03, 2026
9th Circ. Says Ch. 11 Authority Doesn't Impact Jurisdiction
March 03, 2026
Eletson Says Ch. 11 Arrest Warrants Are 'Logical Next Step'
February 26, 2026
Meet The Attorneys Advising Axip Energy In Ch. 11
February 25, 2026
Financial Pressures Cause Bankruptcy Filings To Spike In Jan.
February 24, 2026
Spirit Reaches Ch. 11 Creditor Deal To Emerge By Summer
February 23, 2026
Pretium's Ch. 11 Prepack Confirmed Over Opt-Out Objection