Top lenders to the auto-parts supplier are resisting a second loan sought by the company after the original bankruptcy ...
Jan 26 (Reuters) - First Brands said on Monday it has begun winding down parts of its North American operations, including ...
First Brands Group LLC, the Cleveland-founded global automotive parts supplier that in late September filed for Chapter 11 bankruptcy protection, said it has started "a wind down" of some of its North ...
First Brands makes important components for Ford and GM, including windscreen wiper parts for the F-150, Ford’s best-selling ...
Ford and General Motors are in talks over a financing deal to help parts supplier First Brands Group secure liquidity while ...
After struggling to obtain new money from its top lenders, the bankrupt auto-parts supplier said it has secured prepayments from its largest customers.
All Other Business Units Continue to Operate as Company Pursues Strategic Sale Transactions Across Its Portfolio of Market-Leading Products and Brands ...
Jan 26 (Reuters) - First Brands' top lenders, including distressed-debt investors King Street Capital Management and Mudrick ...
Three major auto parts brands are being killed off amid bankruptcy, as mounting lawsuits and failed sales mark the collapse ...
After Scott Goodwin and Jonathan Lewinsohn nailed a short bet on First Brands Group, an auto-part supplier with Cleveland roots that rattled credit markets when it collapsed last year, the two doubled ...
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 “to ...
WASHINGTON -- The management team that took over First Brands as well as debtors of the once fast-growing Cleveland auto parts supplier have sued its founder and CEO, saying that they now know where ...