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Fraud Claims Spur Dismissal Bid In First Brands SPV Cases

By Ben Zigterman ( October 31, 2025, 6:03 PM EDT) -- Lenders to special purpose vehicle entities tied to auto parts maker First Brands Group asked a Texas bankruptcy judge to dismiss the vehicles' Chapter 11 cases or appoint a trustee, arguing that the entities' managers were improperly replaced and their funds were to be kept apart from First Brands' assets....

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