Plant Services

First Brands Holdings’ collapse to bankruptcy and Ponzi scheme closes manufacturing businesses

The fraud indictment of two executives, Patrick and Edward James, has led to the closure of dozens of factories and layoffs ...
CFO.com

First Brands’ ex-CFO pleads guilty to wire fraud

Stephen Graham, the former finance chief of bankrupt auto parts supplier First Brands Group, has entered a guilty plea for ...

Auto-parts giant First Brands to cut 572 Texas jobs amid fraud case

The company says it plans to permanently close three facilities.

First Brands Creditors Shift to Finance Litigation After Restructuring Talks Fail

Bankruptcy lenders are discussing a strategy to bankroll lawsuits aimed at recovering at least some of their losses.
MarketWatch

First Brands Group Commences Wind Down of North American Brake Parts Inc., Cardone, and Autolite Business Units

The MarketWatch News Department was not involved in the creation of this content. All Other Business Units Continue to Operate as Company Pursues Strategic Sale Transactions Across Its Portfolio of ...
Morningstar

First Brands Group Announces Launch of Marketing and Sale Process to Secure Long-Term Future for Brands and Global Platform

Company in Discussions with Ad Hoc Group of Lenders Regarding Comprehensive Agreement to Provide Additional DIP Financing and Serve as Stalking Horse Bidder for Select Business Units First Brands ...
Seeking Alpha

First Brands Group Commences Wind Down of North American Brake Parts Inc., Cardone, and Autolite Business Units

All Other Business Units Continue to Operate as Company Pursues Strategic Sale Transactions Across Its Portfolio of Market-Leading Products and Brands ROCHESTER HILLS, Mich.--(BUSINESS WIRE)-- First ...