Creditors pursuing First Brands have a new target: Helios Strategic Advisors. They claim this small firm enabled a massive fee scheme benefiting the founder's brother. The dispute centers on millions paid to a company called Apex for consulting services.

Helios allegedly served as the conduit, a 'two-man' operation that routed payments. This lawsuit is the latest twist in the messy First Brands bankruptcy. The company, a major auto parts maker, collapsed under debt.

Now, creditors argue these internal fee arrangements drained assets that should have gone to them. They suspect the payments were designed to move money out of reach before the bankruptcy filing. Helios's role is now under scrutiny.

Was it a legitimate business, or a tool for insider enrichment? The case puts a spotlight on the shadowy world of pre-bankruptcy financial maneuvering. Creditors want a judge to claw back the money. The outcome could set a precedent for how similar insider deals are treated in future corporate failures.