Jul 02

M.M. DILLON & CO. ADVISES CERTAIN INSURERS IN FEDERAL MOGUL CHAPTER 11 BANKRUPTCY

CRT Capital Group LLC n/k/a M.M. Dillon & Co. served as expert witness to Hartford Accident and Indemnity Company, First State Insurance Company, and New England Insurance Company in connection with their objection to the Joint Plan of Reorganization of Federal-Mogul Global, Inc. and T&N Limited in the United States Bankruptcy Court for The District of Delaware.

About Federal-Mogul Global

Federal-Mogul LLC is an innovative and diversified global supplier of quality products, trusted brands and creative solutions to manufacturers of automotive, light commercial, heavy-duty and off-highway vehicles, as well as in power generation, aerospace, marine, rail and industrial. Federal-Mogul operates with two business divisions, each with a chief executive officer reporting to Federal-Mogul’s Board of Directors. Federal-Mogul Powertrain focuses on original equipment powertrain products for automotive, heavy-duty and industrial applications; Federal-Mogul Motorparts sells and distributes a broad portfolio of products in the global vehicle aftermarket, while also serving original equipment (OE/OES) manufacturers with vehicle products including brake friction, chassis, wipers and other components. For more than a century, Federal-Mogul has developed the innovative products our customers need to produce the next generation of vehicles. The company continues to develop innovations to improve fuel economy, reduce emissions and enhance durability through global engineering, manufacturing, distribution and customer service programs. Federal-Mogul is the preferred partner for its global customers.

About M.M. Dillon & Co.

M.M. Dillon & Co. (formerly CRT Investment Banking LLC) is an employee owned partnership where industry and product specialists collaborate closely to provide creative, idea-driven advice and solutions to its institutional and corporate clients. M.M. Dillon offers public and private financing, M&A advisory and restructuring advisory services. M.M. Dillon’s team of experienced professionals provides execution capabilities for companies across a range of industry sectors. The firm’s senior banking professionals have a minimum of 20 years of experience with major Wall Street firms.