May 20, 2026
Auto parts maker First Brands Group will seek conditional approval of its Chapter 11 plan disclosure statement Tuesday after making significant amendments to the document prior to a Wednesday hearing in Texas bankruptcy court.
May 18, 2026
A judge rejected conspiracy theorist Alex Jones' appeal to shield assets belonging to his media business under the stay in Jones' personal Chapter 7 case. The Cannabist became the first marijuana company to secure Chapter 15 recognition of a foreign bankruptcy proceeding. And the U.S. Trustee's Office called for car parts giant First Brands' Chapter 11 case in Texas to be converted to a Chapter 7 liquidation.
May 15, 2026
QVC will seek final approval of its bankruptcy funding, e-commerce group Food52 will vie for confirmation of its liquidation plan, and First Brands Group will also court a judge's approval of its Chapter 11 plan.
May 14, 2026
The U.S. Trustee's Office is asking a Texas bankruptcy judge to convert First Brand's Chapter 11 case to a Chapter 7 liquidation, saying the auto-parts maker admitted in its proposed restructuring plan it cannot pay the expenses it has incurred during the case on time.
May 13, 2026
First Brands secured a Texas bankruptcy judge's sign-off Wednesday on the $80 million sale of Toledo Molding & Die, a deal that is expected to preserve 600 jobs and help the troubled auto parts group pay down its debt.
May 06, 2026
First Brands Group lender Aequum Capital has urged a Texas bankruptcy judge to reject unsecured creditors' bid to extend a deadline for their investigation into liens that Aequum asserted, saying the creditors are pursuing a "baseless fishing expedition."
April 23, 2026
Bankrupt auto parts maker First Brands Group asked a Texas court to extend the window during which it has the exclusive right to file a Chapter 11 plan, saying it spent months in mediation negotiating a settlement with creditors that will soon be incorporated into plan documents.
April 10, 2026
A Texas bankruptcy judge Friday granted auto parts maker First Brands' request for permission to speedily sell several of its filter and windshield wiper brands for $25 million after an alternative bid failed to materialize.
April 09, 2026
A Texas bankruptcy judge on Thursday gave the go-ahead for four of First Brands' co-debtors to shift from Chapter 11 cases to Chapter 7 cases and approved a related settlement between the auto parts maker and a creditor that had requested the change.
April 07, 2026
A Texas bankruptcy judge on Tuesday put off a final decision on auto parts maker First Brands' move to speedily sell several of its filter and windshield wiper brands for $25 million, saying he wanted to know whether the buyer is dead set on purchasing a bundle.