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Fraud Claims Spur Dismissal Bid In First Brands SPV Cases

By Ben Zigterman · October 31, 2025, 6:03 PM EDT

Lenders to special purpose vehicle entities tied to auto parts maker First Brands Group asked a Texas bankruptcy judge to dismiss the vehicles' Chapter 11 cases or appoint a trustee, arguing...

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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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Documents

Related Sections

Case Information

Case Title

First Brands Group Holdings, LLC

Case Number

4:25-bk-90397

Court

Texas Southern

Nature of Suit

Date Filed

September 28, 2025

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