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VIDEO · 15 OCTOBER 2026

First Brands: Lessons Learned From Denied Confirmation (Video)

Lowenstein Sandler LLP
Lowenstein Sandler LLP
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Lowenstein Sandler LLP

Lowenstein Sandler LLP

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Jeffrey Cohen and Brittany M. Clark examine the First Brands Chapter 11 bankruptcy case, focusing on why the court denied confirmation of a proposed joint liquidating plan. The discussion explores critical issues including the plan's dependence on uncertain litigation recoveries, unresolved administrative claims, and the absence of mechanisms to adjust course once confirmation became final.

United StatesInsolvency/Bankruptcy/Re-Structuring

In this episode of the “Lowenstein Bankruptcy Lowdown,” Jeffrey Cohen and Brittany M. Clark discuss developments in the First Brands Chapter 11 cases and the court’s decision to deny confirmation of a proposed joint liquidating plan. They examine the plan’s reliance on projected litigation recoveries, uncertainty surrounding administrative claims, and the court’s concern that key aspects of the plan would become irreversible at confirmation without a mechanism for course correction.

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Brittany M. Clark: Hi, I'm Brittany Clark, and welcome to the Lowenstein Bankruptcy Lowdown.

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