10/07/25

AGG’s Restructuring Roundup newsletter is a monthly update of legal issues and news affecting or related to commercial litigation and bankruptcy. The newsletter is a curation of published articles and news, and contains original content developed by AGG’s Bankruptcy, Creditors’ Rights, & Financial Restructuring attorneys.

Industry News
Reuters • September 25, 2025 • 8:29 PM

Companies associated with auto parts maker First Brands filed petitions for bankruptcy protection in Texas this week, indicating deepening financial difficulties for the privately held company as it negotiates a debt restructuring with its lenders.

MSN.com • September 26, 2025 • 9:02 AM

Trico wiper blades, is preparing for a significant restructuring move under Chapter 11 bankruptcy. Facing a staggering $6 billion debt load.

Reuters • September 25, 2025 • 6:43 AM

Accenture beat fourth-quarter revenue estimates and unveiled a six‑month, $865 million restructuring to realign its workforce and operations for rising demand in digital and AI services. The restructuring program highlights the broader trend of companies adapting their workforce and operations to meet growing demand for digital and AI services, while using restructuring to cut costs and funnel savings into training and operational efficiency.

MSN.com • September 25, 2025 • 3:45 PM
A New York-based chain founded in 1889, Modell’s filed for Chapter 11 bankruptcy on March 11, 2020, and subsequently closed all 115 of its
Reuters • September 23, 2025 • 6:03 AM

If Spirit Airlines slashes or eliminates service at Arnold Palmer Regional Airport due to the carrier's second bankruptcy in a year, residents of Latrobe, Pennsylvania, may soon have to drive 65 miles to Pittsburgh if they need to take a nonstop flight on Spirit.

AGG's Bankruptcy, Creditors' Rights, & Financial Restructuring Team
agg.com • October 06, 2025 • 4:16 PM
AGG's Bankruptcy, Creditors' Rights, & Financial Restructuring team provides valuable knowledge and experience in the areas of commercial debt restructuring, settlements, bankruptcy trusteeships, fiduciary work, and bankruptcy and creditors’ rights litigation.
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