First Brands founder Patrick James pleads not guilty in company’s collapse
CEO’s brother Edward also enters not guilty plea to fraud and conspiracy counts
CEO’s brother Edward also enters not guilty plea to fraud and conspiracy counts

Patrick and Edward James accused of fraudulently obtaining billions of dollars from lenders in New York federal case

Collapse of automotive parts supplier puts spotlight on arcane practice of working capital finance

Estate of bankrupt car parts maker alleges ‘unlawful scheme to defraud creditors out of billions of dollars’

US bankruptcy judge finds group had not shown sufficient evidence for injunction blocking Patrick James from bank accounts

Charles Moore of Alvarez & Marsal to become ‘interim chief executive’ as well as chief restructuring officer

Patrick James borrowed billions — even after presiding over a string of failed businesses