Week In Bankruptcy

First Brands Gets $1B DIP, Hooters Approved To Exit Ch. 11

By Yun Park · October 6, 2025, 4:51 PM EDT

A Texas bankruptcy judge granted an interim approval for First Brands' $1.1 billion debtor-in-possession loan. Hooters of America won court approval of its reorganization plan. The judge ruled the automatic stay...

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Case Information

Case Title

Alexander E. Jones

Case Number

4:22-bk-33553

Court

Texas Southern

Nature of Suit

Date Filed

December 02, 2022


Case Title

Stoli Group (USA), LLC

Case Number

8:24-bk-80146

Court

Texas Northern

Nature of Suit

Date Filed

November 27, 2024


Case Title

Hooters of America, LLC

Case Number

8:25-bk-80078

Court

Texas Northern

Nature of Suit

Date Filed

March 31, 2025


Case Title

TPI Composites, Inc.

Case Number

4:25-bk-34655

Court

Texas Southern

Nature of Suit

Date Filed

August 11, 2025


Case Title

First Brands Group Holdings, LLC

Case Number

4:25-bk-90397

Court

Texas Southern

Nature of Suit

Date Filed

September 28, 2025