(EMAILWIRE.COM, December 11, 2008 ) FAIRLESS HILLS, Pa. -- Dec. 11, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 176 of FEDERAL-MOGUL BANKRUPTCY NEWS today. The 15-page newsletter contains stories with these headlines:


[01909] CARL ICAHN INCREASES STAKE IN FEDERAL-MOGUL TO 75.69%
[01910] DEBTORS' 2ND MOTION TO EXTEND TIME TO OBJECT TO CLAIMS
[01911] DEBTORS' MOTION TO APPROVE L. TERSIGNI CONSULTING PACT
[01912] DEBTORS' MOTION TO SETTLE DISPUTES WITH CARFEL, INC.
[01913] DEBTORS' MOTION TO SETTLE SNELLS' $7.7-MIL. CLAIM
[01914] 26TH OMNIBUS CLAIMS OBJECTION -- 12 No Liability Claims
[01915] ASBESTOS TRUST'S MOTION TO EXTEND INJUNCTION TO ALLSTATE
[01916] AHISTROM TRANSFERS CLAIM NO. 5990 TO LIQUIDITY SOLUTIONS
[01917] ADVERSARY PROCEEDING -- Debtors vs. Bobby Whitley, et al.
[01918] ADVERSARY PROCEEDING -- Asbestos PI Trust v. Claimants
[01920] INDIAN GOVERNMENT OKAYS FEDERAL-MOGUL'S $15MM INVESTMENT
[01921] PASCAL GOACHET OWNS 19,300 SHARES OF FEDERAL MOGUL STOCK
[01922] GERMAN AUTOPARTS MAKER TMD FRICTION FILES FOR INSOLVENCY
[01923] FEDERAL-MOGUL'S BOB EGAN GETS LEADER OF THE YEAR AWARD
[01924] MONTHLY OPERATING REPORT -- Period Ending Oct. 31, 2008


A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=FEDERAL-MOGUL for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

FEDERAL-MOGUL BANKRUPTCY NEWS tracks the restructuring of Federal-Mogul Corp, Federal-Mogul Global Inc, Federal-Mogul Piston Rings Inc, Federal-Mogul Powertrain Inc, Ferodo America Inc and T&N Ltd.

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FEDERAL-MOGUL BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

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Contact Information:
Bankruptcy Creditors' Service, Inc.
Peter A. Chapman
Tel: (215) 945-7000
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