First Brands' Ex-Execs Can Tap Only Some D&O Coverage

By Alex Wittenberg · January 7, 2026, 7:38 PM EST

A Texas bankruptcy judge Wednesday allowed former First Brands executives to access about half of the company's directors and officers insurance to help pay for their legal fees as they face...

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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, LLC

Case Number

4:25-bk-90399

Court

Texas Southern

Nature of Suit

Date Filed

September 28, 2025

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