Lender Onset Hits Back On First Brands' $2.9B Fraud Suit

By Emily Lever · February 20, 2026, 5:59 PM EST

First Brands lender Onset Financial Inc. is slamming a $2.9 billion lawsuit that the embattled auto parts maker brought against Onset in Texas bankruptcy court last month, asserting it is the...

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Documents

Case Information

Case Title

First Brands Group, LLC

Case Number

4:25-bk-90399

Court

Texas Southern

Nature of Suit

Date Filed

September 28, 2025


Case Title

USA v. JAMES

Case Number

1:26-cr-00029

Court

New York Southern

Nature of Suit

Date Filed

January 27, 2026