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Federal-Mogul Announces Confirmation of Its Reorganization Plan, Paving Way for Emergence from Chapter 11

By admin - Posted on November 9th, 2007
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November 08, 2007, SOUTHFIELD, Mich. (BUSINESS WIRE) -- Federal-Mogul Corporation (OTCBB:FDMLQ) is pleased to announce that the United States Bankruptcy Court, the Honorable Judith K. Fitzgerald presiding, has issued an order confirming the Company’s Fourth Amended Joint Plan of Reorganization, on a wholly consensual basis without objections, paving the way for Federal-Mogul to emerge from Chapter 11.

The Company is now seeking the affirmation by the United States District Court, the Honorable Joseph H. Rodriguez presiding, which must also take place for the Company to emerge from bankruptcy.

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