1. First Brands Group Sale Halted: Judge Orders Pause for Late Bid on 12 Core Auto-Parts Brands
A federal judge has thrown a wrench into the bankruptcy sale of First Brands Group, forcing the auto-parts maker to pause its planned divestment. The ruling mandates that the company must allow a last-minute, unidentified bidder a formal opportunity to purchase a portfolio of its most recognizable brands. This eleventh...