IEH Auto Parts Holding LLC

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Case overview

Case Number:

4:23-bk-90054

Court:

Texas Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. January 30, 2024

    Watchdog Wants Ch. 11 Fee Nixed Over Attorney-Judge Ties

    The U.S. Trustee's Office told a Texas bankruptcy court Tuesday that a $257,000 fee application submitted by a former Jackson Walker attorney working for IEH Auto Parts Holding LLC should be denied in its entirety because the lawyer did not disclose a personal relationship with a since-resigned judge serving as a mediator in the proceedings.

  2. June 16, 2023

    Icahn-Owned IEH Auto Heads To Ch. 11 Liquidation

    A Texas bankruptcy judge Friday confirmed the Chapter 11 reorganization plan for IEH Auto Parts LLC, a company owned by billionaire Carl Icahn that is set to be liquidated after its assets were sold last month for $77 million.

  3. May 19, 2023

    Bankrupt IEH Auto Parts Sells After Last-Minute Buyer Switch

    A Texas bankruptcy judge on Friday approved the sale of most of IEH Auto Parts Holding LLC to Factory Motor Parts, despite a last-minute hiccup in which IEH learned the prior winning bidders might have benefited from insider information ahead of the auction.

  4. May 02, 2023

    Icahn-Owned Auto Parts Co. Gets $75M DIP Financing

    A Texas bankruptcy judge approved a debtor-in-possession financing agreement Tuesday for IEH Auto Parts Holding LLC that would provide $75 million in new cash for the bankrupt auto parts distributor, and also OK'd a settlement to quash potential litigation between IEH and related companies.

  5. February 01, 2023

    Icahn-Owned Auto Parts Co. Gets OK For Interim DIP Loan

    An aftermarket auto parts retail chain owned by billionaire investor Carl Icahn received interim approval Wednesday to access a portion of $75 million in Chapter 11 financing provided by an insider of the debtor.

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