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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 would harm the estate. The debtor and its ad hoc lender group each came to the defense of the request....

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