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First Brands' Ex-Execs Can Tap Only Some D&O Coverage

By Alex Wittenberg ( January 7, 2026, 7:38 PM EST) -- A Texas bankruptcy judge Wednesday allowed former First Brands executives to access about half of the company's directors and officers insurance to help pay for their legal fees as they face misconduct claims, ruling that the remainder of the proceeds are property of the car parts maker's bankruptcy estate....

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