Joining nine other companies fighting for survival in the face of enormous liability for asbestos-related illnesses, Federal-Mogul Corp. files for Chapter 11 bankruptcy protection to try to provide for asbestos claimants while continuing to operate without interruption. Federal-Mogul receives approval in U.S. District Court in Wilmington, DE, for $450 million of interim debtor-in-possession financing (part of a $675 million funding package). In the U.K., Federal-Mogul also files for ...

Premium Content (PAID Subscription Required)

"Asbestos Drives F-M Into Bankruptcy" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.