Federal-Mogul Corporation announced that its Plan of Reorganization is scheduled to become
effective on December 27, marking the Company’s emergence from Chapter 11.
Federal-Mogul’s Plan of Reorganization was confirmed by the U.S. Bankruptcy Court on November 8 and affirmed by the U.S. District Court on November 14.
The Confirmation Order relating to the Plan has become final and non-appealable.
“We are delighted to have reached this significant milestone in Federal-Mogul’s 108-year history of serving the global automotive industry.
“We are confident about our future and wish to acknowledge the support and loyalty of our customers, suppliers and employees worldwide,” said Federal-Mogul chairman, president and chief executive officer Jose Maria Alapont.
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