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First Brands Lender Blocked From Distributing Cash From Bankruptcy Sales

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2026-06-18 15:51:16
Aequum Capital Financial II is temporarily barred from distributing any cash it collects from inventory sales tied to bankrupt auto-parts supplier First Brands’ liquidation, a judge ruled Wednesday. According to Bloomberg, the restriction applies to proceeds from the inventory sales taking place as part of the bankruptcy process.
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