FIRST BRANDS BELIEVES IT HAD AN UNPAID $2.3 BILLION BALANCE RELATED TO THIRD-PARTY FACTORING ARRANGEMENTS WHEN IT FILED FOR BANKRUPTCY PROTECTION, CHIEF RESTRUCTURING OFFICER SAYS IN COURT FILING

FIRST BRANDS BELIEVES IT HAD AN UNPAID $2.3 BILLION BALANCE RELATED TO THIRD-PARTY FACTORING ARRANGEMENTS WHEN IT FILED FOR BANKRUPTCY PROTECTION, CHIEF RESTRUCTURING OFFICER SAYS IN COURT FILING

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