First Brands, Creditors Exchange Blows Over DIP Bid

By Emlyn Cameron · November 5, 2025, 6:26 PM EST

The unsecured creditors committee for bankrupt auto parts company First Brands objected to the debtor's bid for final postpetition financing approval, saying the proposed arrangement almost solely benefits the lenders and...

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Bankruptcy Scorecard

Summary

First Brands Group filed for Chapter 11 bankruptcy in Texas bankruptcy court with between $10 billion and $50 billion in debt.

Case Number

4:25-bk-90399

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

between $10 billion and $50 billion

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Documents

Related Sections

Case Information

Case Title

First Brands Group Holdings, LLC

Case Number

4:25-bk-90397

Court

Texas Southern

Nature of Suit

Date Filed

September 28, 2025

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