Net Assetsb
$463.7M
as of 2022-12-31
assets per FY2022 annual report (secondary compilation)
Payment %
2.9%T&N Sub-Account
12.2%FMP Sub-Account
Two separate rates · not a trust-wide figure
of scheduled value
Interim rate; consent pending. The proposed 2.9% T&N Sub-Account rate is applied under TDP §4.3 while TAC/FCR consent remains pending. Fully documented claims transmitted by 12:01 a.m. EDT on June 30, 2026 retain the prior 3.9% rate; the separate FMP Sub-Account remains 12.2%.
Rate scope: T&N and FMP are separate subfunds with separate payment percentages; neither rate is trust-wide and they are not combined or averaged. The June 30, 2026 proposal/interim-payment date applies only to T&N. The FMP notice is dated April 15, 2024 and confirms 12.2% with TAC/FCR consent, but does not state an effective date.
proposal dated Jun 30, 2026
Last verified: Oct 8, 2026
Sub-Account Payment Percentagesseparate asset pools — never combined or averaged
T&N Sub-Account2.9%
proposal / interim-payment date 2026-06-30
2.9% applies during the TAC/FCR consent process; the prior 3.9% applied only to claims fully documented by 12:01 a.m. EDT 2026-06-30.
source notice ↗FMP Sub-Account12.2%
notice dated 2024-04-15 · effective date not stated
This was an INCREASE from 6.9%, with supplemental payments owed. Reconsideration notice issued 2026-04-27; no change notice posted as of 2026-08-12, so 12.2% stands.
source notice ↗Fel-Pro Subfundnot set
Claimants must sue the Trust as successor to Felt Products Manufacturing Co. in the tort system; insurers defend and settle.
source notice ↗Vellumoid Subfundnot set
Same as Fel-Pro. Suit against 'Federal-Mogul Asbestos Personal Injury Trust as successor to the former Vellumoid division of Federal-Mogul'. Distinct from Vellumoid, Inc. of Worcester, MA.
Established
2007
annual reporting
Cumulative Paid
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Primary Source Documents
Verified trust notices, annual reports, and trust distribution procedures used in this record. Select a document to preview it on this page.
Trust Details
- Administrator
- DCPF
- Court
- Bankr. D. Del.
- Docket
- 01-10578
- Asset Source
- assets per FY2022 annual report (secondary compilation)
- Notes
- CORRECTION: a prior DB entry carried 12.2%, which is the separate FMP subfund rate. The T&N Sub-Account is at a source-supported interim 2.9% pending TAC/FCR consent, down from 3.9% for claims after the June 30, 2026 complete-documentation cutoff. FY2025 report not confirmed docketed as of 7/27/2026 (FY2024: 01-10578 Doc 582593677, 4/29/2025).