Creditors demanded First Brands appoint separate advisers for units that issued $2.5 billion in off-balance-sheet debt, arguing conflicts of interest threaten the insolvency case.
November 13, 2025GovernmentBusinessEquipment
First Brands Founder Wins Control of Personal Bank Accounts
Patrick James' personal bank accounts were frozen last week as part of a lawsuit accusing him of siphoning large sums from the bankrupt auto parts supplier.
November 12, 2025GovernmentBusiness
Hedge Fund Seeks Reversal of Yellow Pension Claims
A judge may rule as soon as Nov. 15 on the fate of $6.5 billion in pension claims from bankrupt Yellow Corp. retirees.
November 13, 2024