-11.7 C
Ottawa
Tuesday, January 20, 2026

Auto Parts Supplier First Brands Group Files for Bankruptcy

Date:

Auto Parts Supplier First Brands Group Files for Bankruptcy

Arrow points to the U.S. District Bankruptcy Court for the Southern District of New York in Manhattan, on Jan. 9, 2020. Brendan McDermid/Reuters

The supplier of some of the automotive industry’s most well-known aftermarket parts has filed for Chapter 11 bankruptcy protection in Houston.

Privately held First Brands Group of Rochester, Michigan, on Sept. 29 filed for bankruptcy in the Southern District of Texas in order to stabilize its business operations and maximize ongoing value, the company said.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Dow Jones Falls 600 Points as Trumps Greenland Pursuits Take Center Stage

A trader works on the floor of the New...

4 Tax Strategies for High Earners Nearing Retirement

After spending decades on the grind and saving, you’re...

How Much Would a $50,000 HELOC Cost Each Month?

Many factors affect your HELOC payment, so it’s important...

Lutnick Participates in WEF Panel With British, Canadian Finance Ministers

Lutnick Participates in WEF Panel With British, Canadian Finance...