First Brands Wins Second Chance to Pursue Liquidation Plan

First Brands Wins Second Chance to Pursue Liquidation Plan

Bankrupt auto-parts maker First Brands can make a second attempt to win court approval for a creditor vote of a proposal to raise money through lawsuits against the company’s former top officers and lenders, a judge said Monday.

Bankrupt auto-parts maker First Brands can make a second attempt to win court approval for a creditor vote of a proposal to raise money through lawsuits against the company’s former top officers and lenders, a judge said Monday.
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Bloomberg — Markets (EN)




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