First Brands Group Inc. warned it will run out of cash by the end of January without an immediate financing injection, a shortfall that could force the bankrupt auto-parts maker to shut down some operations or sell other assets.
The company is in talks with existing lenders to secure enough funding to continue operating and cover bankruptcy costs, attorney Sunny Singh told a federal judge Wednesday during a hearing in the company’s multibillion-dollar Chapter 11 case.
The case is First Brands Group LLC, number 25-90399, in the US Bankruptcy Court for the Southern District of Texas.
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