Tricolor's Ex-CEO Gets Access To Some D&O Coverage

By Alex Wittenberg · February 4, 2026, 5:56 PM EST

Former Tricolor Holdings CEO Daniel Chu can tap part of the subprime auto lender's directors and officers insurance to pay for legal expenses incurred defending himself against fraud claims brought by...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

Tricolor Holdings, a Texas-based company that provides car loans to low-income buyers filed for Chapter 7 liquidation in Texas bankruptcy court with more than $1 billion of debt.

Case Number

3:25-bk-33487

Judge

Michelle V. Larson

Venue

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

Capital Structure

Total Liabilities:

$1 billion to $10 billion

View Full Scorecard

Related Sections

Case Information

Case Title

Tricolor Holdings, LLC

Case Number

3:25-bk-33487

Court

Texas Northern

Nature of Suit

Date Filed

September 10, 2025

Recent Articles By Alex