In a "rinse and repeat cycle," the CEO is accused of regularly transferring funds from debtors to himself and others for ...

In the complaint against Patrick James, the bankrupt auto supplier claims $500,000 was spent on a private chef, $150,000 went toward a personal trainer and $3 million was used to rent a New York ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. First Brands Group sued founder Patrick James for ...

At first, the sales invoice said $179.84. Later, the bill said $9,271.25 – 50 times more. It was one more trick in a series of alleged ruses – from fudged numbers and questionable collateral, to ...

First Brands Group founder Patrick James regained control of his personal bank accounts after they were frozen last week as ...

First Brands Group sued founder Patrick James for allegedly misappropriating hundreds of millions of dollars from the US automotive supplier that collapsed into bankruptcy in September. Lawyers for ...

First Brands Group sued founder Patrick James for allegedly misappropriating hundreds of millions of dollars from the US automotive supplier which collapsed into bankruptcy in September. Lawyers for ...

First Brands Group founder Patrick James regained control of his personal bank accounts after they were frozen last week as ...

The management team that took over First Brands as well as debtors of the once fast-growing Cleveland auto parts supplier have sued its founder and CEO, saying that they now know where at least some ...

A loan default involving French auto-parts maker Novares has added to the debts owed to the Spanish bank.