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Jefferies Financial Group Inc. issued a statement clarifying key facts regarding loans made by Western Alliance Bank that were secured solely by receivables associated with First Brands Group. The statement responds to recent litigation and public commentary by Western Alliance...
#receivables finance
Investors have filed a lawsuit against Jefferies Financial Group Inc. and its affiliates, alleging they were misled into putting money…
#fraud
First Brands Group (First Brands) has launched a formal sale process to market and sell its business, either as a…
#bankruptcy
Silver Point Capital has acquired a controlling interest in claims held by Onset Financial Inc. (Onset) and certain of its…
#supply chain finance
First Brands Group, LLC (“First Brands” or the “Company”), a leading global supplier of aftermarket automotive parts, announced on Friday…
#factoring