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First Brands Seeks $250M to Boost Bankruptcy Restructuring

12/13/2025

Summary

Story summary

First Brands, a bankrupt auto-parts seller known for Trico windshield wiper blades, filed for Chapter 11 bankruptcy protection.
The company seeks access to $250 million in customer receipts to improve liquidity and facilitate restructuring.
On December 12, 2025, First Brands requested expedited relief to access funds held by customers or segregated due to the bankruptcy process.
The move centers on unlocking customer funds to support ongoing bankruptcy proceedings.

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Story summary

First Brands, a bankrupt auto-parts seller known for Trico windshield wiper blades, filed for Chapter 11 bankruptcy protection.
The company seeks access to $250 million in customer receipts to improve liquidity and facilitate restructuring.
On December 12, 2025, First Brands requested expedited relief to access funds held by customers or segregated due to the bankruptcy process.
The move centers on unlocking customer funds to support ongoing bankruptcy proceedings.