The fraud indictment of two executives, Patrick and Edward James, has led to the closure of dozens of factories and layoffs ...
The company says it plans to permanently close three facilities.
Stephen Graham, the former finance chief of bankrupt auto parts supplier First Brands Group, has entered a guilty plea for his role in an alleged fraud plot at the company.
In a Houston bankruptcy court filing, the company said it had been unable to secure a buyer for the entire business.
Bankruptcy lenders are discussing a strategy to bankroll lawsuits aimed at recovering at least some of their losses.
WASHINGTON (AP) — The management team that took over First brands as well as debtors of the once fast-growing Cleveland auto parts supplier have sued its founder and CEO, saying that they now know ...
Western Alliance reported a $126 mln hit via a fund that lent to the failed auto-parts maker and sued the vehicle’s manager ...
WASHINGTON -- The management team that took over First Brands as well as debtors of the once fast-growing Cleveland auto parts supplier have sued its founder and CEO, saying that they now know where ...
WASHINGTON (AP) -- The management team that took over First brands as well as debtors of the once fast-growing Cleveland auto parts supplier have sued its founder and CEO, saying that they now know ...
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