Federal-Mogul on doorstep of Ch. 11 exit

Dec 27, 2007 | 11:42 AM | Michael Cowden

Auto parts supplier Federal-Mogul Corp. was expected to emerge from Chapter 11 bankruptcy protection Thursday after a six-year reorganization process.

The reorganization plan for the Southfield., Mich.-based company was approved in U.S. Bankruptcy Court Nov. 8 and affirmed in U.S. District Court Nov. 14, the company said.....

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