Federal-Mogul Corporation Asbestos Trust Claims
The formal bankruptcy trust is the Federal-Mogul Asbestos Personal Injury Trust. It was created to resolve qualifying asbestos personal-injury claims associated with several different Federal-Mogul entities. A critical accuracy point is that the Trust uses four separate subfunds rather than one universal claim pool. T&N, FMP, Fel-Pro and Vellumoid liabilities are not interchangeable, and payment percentages or disease values from one subfund should not automatically be applied to another.
Federal-Mogul Asbestos Trust Facts
| Formal trust name | Federal-Mogul Asbestos Personal Injury Trust |
|---|---|
| Debtor group | Federal-Mogul Corporation and related entities |
| Chapter 11 petition date | October 1, 2001 |
| Plan effective / Trust established | December 27, 2007 |
| Number of U.S. subfunds | 4 |
| Subfunds | T&N, FMP, Fel-Pro and Vellumoid |
| T&N entities include | Turner & Newall, Gasket Holdings/Flexitallic and Ferodo America |
| FMP entity | Federal-Mogul Products Inc. |
| Fel-Pro entity | Felt Products Mfg. Co. / Fel-Pro |
| Vellumoid entity | Federal-Mogul’s former Vellumoid division |
| Current FMP Payment Percentage | 12.2% under the latest official FMP notice located |
| Trust status | Active |
The Four Federal-Mogul Subfunds
The governing TDP expressly states that the U.S. Asbestos Trust creates four separate subfunds:
- T&N Subfund — for covered liabilities of Turner & Newall and its covered U.S. subsidiaries, including Flexitallic and Ferodo America.
- FMP Subfund — for covered liabilities of Federal-Mogul Products Inc.
- Fel-Pro Subfund — for covered liabilities of Fel-Pro / Felt Products Mfg. Co.
- Vellumoid Subfund — for covered liabilities of the former Vellumoid division.
The official Trust procedures treat these as separate claim pools. That structure matters because claim valuation, insurance treatment, payment percentages and review procedures can differ by subfund.
Federal-Mogul Bankruptcy and Trust History
Federal-Mogul and numerous related entities filed Chapter 11 cases on October 1, 2001. The reorganization plan became effective on December 27, 2007, when the Federal-Mogul Asbestos Personal Injury Trust was established.
The Trust was designed to resolve qualifying asbestos personal-injury claims caused by exposure to asbestos-containing products for which one or more covered Federal-Mogul entities had legal responsibility. The TDP defines the covered entities to include the T&N entities, FMP, Fel-Pro and Vellumoid.
The governing structure requires claims to be directed to the correct subfund rather than treated as one generic “Federal-Mogul asbestos claim.”
FMP Disease Values
The official FMP claim instructions publish the following underlying Scheduled Values for the FMP Subfund:
| Disease Level | FMP Scheduled Value |
|---|---|
| VIII — Mesothelioma | $100,000 |
| VII — Lung Cancer 1 | $21,250 |
| VI — Lung Cancer 2 | Individual Review only |
| V — Other Cancer | $7,375 |
| IV — Severe Asbestosis | $21,250 |
| III — Asbestosis/Pleural Disease | $4,000 |
| II — Asbestosis/Pleural Disease | $2,000 |
| I — Other Asbestos Disease | $50 Cash Discount Payment |
The official April 2024 FMP notice states that, beginning in 2025 and annually thereafter, FMP Scheduled, Average and Maximum Values are adjusted for upward CPI-U changes, subject to a 3% annual cap. Because a current authorized 2026 FMP adjusted-value table was not located during this build, the values above are labeled as the published underlying FMP values and are not represented as current inflation-adjusted values.
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Payment Percentages by Subfund
There is no single Federal-Mogul Payment Percentage that should be applied across all four subfunds.
The latest official FMP notice located for this build is dated April 15, 2024 and sets the FMP Subfund Payment Percentage at 12.2%, increased from 6.9%. The same notice provides for supplemental payments to claimants previously paid at the lower rate.
The governing TDP separately addresses the T&N Subfund and makes clear that Fel-Pro and Vellumoid are distinct insured subfunds. Payment rules for those accounts must be checked independently rather than borrowing the FMP rate.
Mathematical illustration only — not a guaranteed payment. Using the published underlying FMP Mesothelioma Scheduled Value of $100,000, $100,000 × 12.2% = approximately $12,200. Because FMP values are subject to CPI-U adjustments beginning in 2025, this illustration uses the labeled underlying value and is not a current inflation-adjusted offer.
Medical and Exposure Requirements
The Federal-Mogul TDP establishes disease-specific medical and exposure criteria for U.S. TDP Valued Claims. Claimants must provide credible medical evidence supporting the claimed disease and credible exposure evidence connecting the injured person to a covered Federal-Mogul entity, product or operation.
The requirements differ by disease level. Certain malignant and nonmalignant claims require evidence of significant occupational exposure, latency, underlying asbestos-related disease or other medical findings specified in the TDP.
Exposure to one Federal-Mogul-related brand does not automatically establish a claim against every subfund. The correct entity and subfund must be identified.
Claim Filing and Review
The Trust provides claim forms and filing instructions for covered Federal-Mogul claims. The TDP provides Expedited Review for qualifying scheduled claims and Individual Review for claims requiring individualized valuation or that do not qualify for scheduled treatment.
Lung Cancer 2 claims under the FMP schedule do not have a Scheduled Value and require Individual Review. The published FMP instructions state an anticipated average individual award of $6,000 and a $20,000 ordinary cap before application of the applicable Payment Percentage.
The official proof-of-claim form requires claimants to identify the entity or subfund involved. This is especially important for T&N, Flexitallic and Ferodo claims, which may require separate exposure claim submissions.
Why Subfunds Must Not Be Combined
A Federal-Mogul page can become inaccurate if it combines facts from different claim pools. The TDP itself shows why:
- FMP has its own published disease values and Payment Percentage.
- T&N has a separate subfund and separate value structure for T&N versus Flexitallic/Ferodo.
- Fel-Pro and Vellumoid are treated as separate insured subfunds.
- Different insurance rights and procedures can affect how claims are processed and paid.
For that reason, this page does not present the FMP 12.2% rate as if it automatically applies to T&N, Ferodo, Fel-Pro or Vellumoid. Likewise, the FMP $100,000 Mesothelioma Scheduled Value should not be substituted for a different Federal-Mogul entity’s governing value.
Confirmed Primary Sources for Trust Facts
No law-firm or lead-generation website was used as factual authority for the trust facts on this page. Primary materials reviewed include:
- Official Federal-Mogul Asbestos Personal Injury Trust Distribution Procedures.
- Official April 15, 2024 FMP Payment Percentage notice establishing 12.2%.
- Official FMP claim filing instructions and disease schedule.
- Official Federal-Mogul proof-of-claim form.
- SEC-filed Federal-Mogul Asbestos Personal Injury Trust Agreement.
- Official Federal-Mogul Asbestos Personal Injury Trust website.
Related Asbestos Trust Fund Resources
Asbestos Trust Fund Information
Federal-Mogul Filing and Eligibility
Payments and Claim Values
Frequently Asked Questions About the Federal-Mogul Asbestos Trust
What is the formal Federal-Mogul asbestos trust name?
The formal name is the Federal-Mogul Asbestos Personal Injury Trust.
How many Federal-Mogul subfunds are there?
The TDP creates four U.S. subfunds: T&N, FMP, Fel-Pro and Vellumoid.
What is the current FMP Payment Percentage?
The latest official FMP notice located sets the FMP Subfund Payment Percentage at 12.2%.
What is the published FMP Mesothelioma Scheduled Value?
The published underlying FMP Mesothelioma Scheduled Value is $100,000. FMP values are subject to annual CPI-U adjustments beginning in 2025.
Does the 12.2% FMP rate apply to Ferodo claims?
No. Ferodo claims are handled through the T&N Subfund, not the FMP Subfund.
Does Federal-Mogul use one disease schedule for every entity?
No. Different Federal-Mogul entities and subfunds can have different values and claim treatment.
Can a Federal-Mogul claim receive Individual Review?
Yes. The TDP provides Individual Review for applicable claims, including FMP Lung Cancer 2 claims that do not have a Scheduled Value.
Why is identifying the correct Federal-Mogul entity important?
The entity determines the applicable subfund, disease values, payment rules and exposure analysis. Using the wrong subfund can produce an inaccurate claim valuation.
Get Help Reviewing a Federal-Mogul Asbestos Claim
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Exposure to a Federal-Mogul-related asbestos product does not automatically establish Trust eligibility or compensation. Eligibility depends on the correct covered entity, applicable subfund, diagnosis, qualifying exposure evidence, current Trust procedures and individual circumstances. Compensation is not guaranteed.
⚕️ Legal & Medical Information Disclaimer
This page provides general educational information and is not medical or legal advice. The information does not establish asbestos exposure, diagnosis, causation, liability, claim eligibility or compensation. Medical concerns should be discussed with a qualified healthcare professional, and legal questions should be reviewed with a qualified attorney.