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First Brands Bankruptcy-Payout Plan Rejected by Federal Judge

1 source ·1 article ·2h ago

A federal judge rejected the bankruptcy-payout plan of defunct auto-parts maker First Brands, concluding the proposal to raise money by suing a long list of insiders and business partners was not realistic.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·2h ago

First Brands Bankruptcy-Payout Plan Rejected by Federal Judge

A federal judge rejected the bankruptcy-payout plan of defunct auto-parts maker First Brands, concluding the proposal to raise money by suing a long list of insiders and business partners was not realistic.