Welcome to the Federal-Mogul Corporation Reorganization Web site
The plan of reorganization for Federal-Mogul Corporation and 81 of its United States and United Kingdom affiliates (the "Plan") became effective on December 27, 2007, marking Federal-Mogul's emergence from Chapter 11. The Plan had been approved by the Bankruptcy Court on November 8, 2007 and affirmed by the District Court on November 14, 2007, and was overwhelmingly supported by Federal-Mogul's creditors and shareholders.
Under the Plan, liability for all asbestos personal injury and wrongful death claims against Federal-Mogul and its affiliates under the Plan will be assumed by an asbestos trust in accordance with the terms of the Plan. Holders of pre-bankruptcy Federal-Mogul bonds will receive stock in post-bankruptcy Federal-Mogul Corporation. Holders of most other claims will receive either cash payments or stock in post-bankruptcy Federal-Mogul Corporation, depending upon an election they previously made. All common stock in Federal-Mogul Corporation issued prior to December 27, 2007 is canceled under the Plan, and holders of that stock will receive warrants to purchase shares in post-bankruptcy Federal-Mogul Corporation as described in the Plan.
Copies of the Plan, notices to creditors and shareholders concerning the Plan, and other relevant documents are available by clicking on the menu to your left.
Also on December 27, 2007, the Chapter 11 cases for 75 of Federal-Mogul Corporation's United Kingdom affiliates, most of which had few or no third-party creditors and none of which had any historical involvement with asbestos or asbestos-containing products, were dismissed in accordance with a previous order of the Bankruptcy Court. As a result, all affiliates of Federal-Mogul Corporation have now emerged from Chapter 11.
On October 1, 2001, Federal-Mogul Corporation and its affiliated debtors ("FMO" or the "Debtors") filed voluntary Chapter 11 petitions for reorganization in the United States Bankruptcy Court for the District of Delaware (the "Court"). The cases are jointly administered under case number 01-10578 (RTL).
The documents filed with the Bankruptcy Court are available for inspection by accessing the Court's website at www.deb.uscourts.gov. You may retrieve copies of documents from Public Access to Court Electronic Records (PACER). To obtain a login/password, submit a registration from the PACER home page at http://www.pacer.psc.uscourts.gov. You will not be able to obtain copies of documents by calling the Court directly.
QUESTIONS OR ADDITIONAL INFORMATION
If you have any questions regarding the U.S. proceedings, please call The Garden City Group, Inc. toll-free at 1 (888) 212-5571 in the U.S. or 00.800.455.66464 in the U.K. You may also wish to contact your attorney. For general information about the FMO chapter 11 case and filing claims, please visit our website at www.fmoclaims.com.
Please note that neither the U.S. Bankruptcy Court nor The Garden City Group, Inc. are permitted to give legal advice. We strongly recommend that you read the Plan, Disclosure Statement and the Notice of Disclosure Statement Hearing in their entirety for complete information. (To view any of these documents, please click on the appropriate link on the left side of this page.)