First Brands and First Days in Chapter 11

The first hours of a Chapter 11 filing are chaotic, consequential, and full of critical decisions. Using the pending bankruptcy of First Brands Group, and related criminal indictments, this session demystifies the “first day” process in Chapter 11 reorganizations, covering first day motions, the automatic stay, debtor-in-possession financing, and the immediate steps lenders should take to protect their interests.