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First Brands Wins Second Chance to Pursue Liquidation Proposal

Bloomberg Markets Monday 08 June 2026, 20:10 UTC By Steven Church, Owen McCarthy 1 min read
Key Points

Bankrupt auto-parts maker First Brands can try, for the second time, to win court approval for a creditor vote of a proposal to raise money through lawsuits against the company’s former top officers and lenders, a judge said Monday.

Bankrupt auto-parts maker First Brands can try, for the second time, to win court approval for a creditor vote of a proposal to raise money through lawsuits against the company’s former top officers and lenders, a judge said Monday.
First Brands (ORG)
Originally published by Bloomberg Markets Read original →

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