First Brands Creditor Wants Examiner After $2.3B 'Vanished'

By Clara Geoghegan · October 9, 2025, 4:38 PM EDT

First Brands creditor Raistone Capital urged a Texas bankruptcy judge to appoint an independent examiner in the car parts maker's Chapter 11 case, saying no one has been held accountable for...

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Bankruptcy Scorecard

Summary

First Brands Group filed for Chapter 11 bankruptcy in Texas bankruptcy court with between $10 billion and $50 billion in debt.

Case Number

4:25-bk-90399

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

between $10 billion and $50 billion

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Documents

Case Information

Case Title

First Brands Group Holdings, LLC

Case Number

4:25-bk-90397

Court

Texas Southern

Nature of Suit

Date Filed

September 28, 2025