First Brands: Red flags missed, fights ahead, and what creditors can recover

This episode breaks down the rapid Chapter 11 collapse of First Brands Group, the warning signs Wall Street missed, and the legal and financial battles now shaping its restructuring. Debtwire experts Tim Hynes, Kunyi Yang, Sara Tapinikes, and Taylor Harrison explain the risks facing secured lenders, unsecured creditors, and trade claim holders as the case moves through a contentious process.