USA v. JAMES

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Case Number:

1:26-cr-00029

Court:

New York Southern

Nature of Suit:

Judge:

Analisa Torres

Firms

  1. February 20, 2026

    Lender Onset Hits Back On First Brands' $2.9B Fraud Suit

    First Brands lender Onset Financial Inc. is slamming a $2.9 billion lawsuit that the embattled auto parts maker brought against Onset in Texas bankruptcy court last month, asserting it is the victim rather than a perpetrator of the fraud that sent First Brands into Chapter 11.

  2. January 29, 2026

    Former First Brands Execs Indicted On Fraud Charges

    Patrick James, the founder of bankrupt auto parts maker First Brands Group, and his brother Edward James were indicted by federal prosecutors in New York, who accused the pair of inflating invoices, double pledging collateral and concealing liabilities from lenders.