First Brands Lifts Stay, Keeps Affiliate Cases Alive In Deal

By Clara Geoghegan · January 22, 2026, 8:52 PM EST

Counsel for car parts maker First Brands told a Texas bankruptcy judge Thursday it agreed to lift the automatic stay of its Chapter 11 case to allow certain lenders to access...

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Bankruptcy Scorecard

Summary

First Brands Group filed for Chapter 11 bankruptcy in Texas bankruptcy court with between $10 billion and $50 billion in debt.

Case Number

4:25-bk-90399

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

between $10 billion and $50 billion

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Case Information

Case Title

First Brands Group, LLC

Case Number

4:25-bk-90399

Court

Texas Southern

Nature of Suit

Date Filed

September 28, 2025