Federal-Mogul Corporation’s total environmental liabilities, determined on an undiscounted basis, were US$19 million at both March 31, 2011 and Dec. 31, 2010.
The Company is a defendant in lawsuits filed, or the recipient of administrative orders issued or demand letters received,…
Federal-Mogul Corporation’s total environmental reserves, determined on an undiscounted basis, were US$23.3 million at Sept. 30, 2009 and US$25.8 million at Dec. 31, 2008.
Management said it believes that recorded environmental liabilities will be adequate to cover the Company’s estimated liability…
Federal-Mogul Corporation recorded a US$12.4 million net recovery during the three months ended Sept. 30, 2009, which resulted from settlements with insurers reached by the Company in an environmental lawsuit filed in Ohio.
The Company has commenced a lawsuit in Ohio…
Federal-Mogul Corporation’s total environmental reserves, determined on an undiscounted basis, were US$24.2 million at March 31, 2009 (US$25.8 million at Dec. 31, 2008).
The Company is a defendant in lawsuits filed, or the recipient of administrative orders issued, in various jurisdictions…
Federal-Mogul Corporation is party to two lawsuits, one each in Ohio and Michigan, relating to insurance indemnification for costs arising from environmental releases from industrial operations of the Predecessor Company prior to 1986.
In the Ohio lawsuit brought by the Company…
Federal-Mogul Corporation, at Sept. 30, 2008, had total environmental reserves of US$27.1 million, compared with US$30.4 million at Dec. 31, 2007.
Of the US$27.1 million reserves at Sept. 30, 2008, the Company recorded US$4.5 million as current liabilities and US$22.6 million…