Federal-Mogul Trust Seeks To Halt Claimant Group

Law360, New York (April 15, 2008, 12:00 AM EDT) -- The asbestos personal injury trust created by Federal-Mogul Corp.'s reorganization plan is seeking injunctive relief against certain claimants, hoping to salvage the possibility that the court will adopt a settlement that would flood the trust's coffers with $140 million.

The trust filed its complaint Monday in the U.S. Bankruptcy Court for the District of Delaware, seeking to temporarily stop the “pneumo parties,” or pneumo asbestos claimants, from continuing to pursue their claims.

“Issuance of injunctive relief will provide the necessary breathing room to keep all Plan...
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