Trico and Fram Parent First Brands Prepares to File Rushed Chapter 11 Bankruptcy without a Reorganization Plan, Report Says

Trico and Fram parent First Brands prepares to file rushed Chapter 11 bankruptcy without a reorganization plan, report says

It’s unusual for companies as big as First Brands to file for Chapter 11 without a restructuring support agreement with lenders in hand.

Parts Supplier First Brands Preps for Bankruptcy With No Plan

Auto part supplier First Brands Group is preparing to enter bankruptcy with no restructuring plan in place, a sign of how quickly the company’s fortunes are unraveling, sources said.

First Brands Prepares Rushed Bankruptcy With No Plan in Place

Auto-part supplier First Brands Group LLC is preparing to enter bankruptcy with no restructuring plan in place, a sign of how quickly the company’s fortunes are unraveling, according to people familiar with the situation.

First Brands cash crunch intensified after creditor seized funds

Growing financial strains at US auto parts supplier pushes group closer to bankruptcy