First Brands Mulls Placing Some Units Into Chapter 7 Liquidation

First Brands Group and some of its creditors are weighing a shift of some of its units into the Chapter 7 bankruptcy liquidation process as the company runs low on...

By Reshmi Basu · Bloomberg Markets

First Brands Group and some of its creditors are weighing a shift of some of its units into the Chapter 7 bankruptcy liquidation process as the company runs low on cash, according to people familiar with the matter.