Federal-Mogul Asbestos Trust: Claims and Payment
Federal-Mogul Asbestos Personal Injury Trust
- Debtor
- Federal-Mogul Corporation (T&N, FMP, Fel-Pro and Vellumoid entities)
- Bankruptcy court
- U.S. Bankruptcy Court for the District of Delaware
- Case no.
- 01-10578
- Trust established
- 2007
- Payment percentage
- 2.9% (T&N Subfund)as of June 30, 2026
The trust's notice states that the change was proposed to the trust advisory committee and the future claimants' representative, and that their consent was still required.
Confirm the current percentage with the trust before relying on it.
Federal-Mogul Corporation reorganized in the U.S. Bankruptcy Court for the District of Delaware under Case No. 01-10578, and its Fourth Amended Joint Plan of Reorganization was confirmed. The Federal-Mogul Asbestos Personal Injury Trust pays claims for which the company and its subsidiaries are legally responsible, including the Turner & Newall entities, among them Flexitallic and Ferodo America, plus Federal-Mogul Products, Felt Products (Fel-Pro) and the former Vellumoid division. The trust agreement is dated December 27, 2007, and the trust site gives that date as the formation of the trust. The trust is organized as four subfunds: T&N, FMP, Fel-Pro and Vellumoid. The T&N Subfund began accepting claims on August 25, 2010, and the FMP Subfund began accepting claims on September 17, 2018. Each subfund has its own payment percentage. A June 30, 2026 notice reduced the T&N payment percentage to 2.9%.
Compiled from the trust's published documents and court records, cited below. Last reviewed November 13, 2026.
Criterica Capital prices legal assets from court records and private settlement data and prepares requests for independent funders, who each decide on their own. Criterica Capital does not fund, lend or decide.
General information, not legal advice. The trust's own procedures and notices control.
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