Latest News Updates From Libby Cherry and Giulia Morpurgo

GovernmentBusinessEquipment

First Brands Sues Founder Over $700M in 'Pilfered' Funds

Lawyers for the company 鈥 now run by restructuring consultants 鈥 alleged that Patrick James borrowed funds on fraudulent terms, only then to 鈥渞outinely and regularly鈥 divert cash for himself.

November 4, 2025