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First Brands Loses Bid To Extend Ex-CEO Asset Freeze

By Ben Zigterman · November 12, 2025, 7:10 PM EST

A Texas bankruptcy judge declined Wednesday to extend a temporary freeze on the assets of First Brands' former CEO, finding that while the auto parts company's allegations of fraud are serious, the...

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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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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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