The official committee of unsecured creditors in First Brands Group’sinsolvency case includes an affiliate to Raistone, one of the fiercest critics of the bankrupt auto-parts supplier, according to a Thursday court filing.
Raistone, which provides short-term financing and relied on First Brands for more than 80% of its revenue, has demanded a court-appointed examiner investigate First Brands, claiming in court papers that as much as $2.3 billion “simply vanished” from the company.
The US Trustee, which acts as a watchdog in corporate bankruptcy cases, named nine unsecured creditors to a court-supervised committee of creditors. The panel ...
