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COLLINS & AIKMAN Bankruptcy News, Issue No. 55

(EMAILWIRE.COM, March 12, 2007 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 55 of COLLINS & AIKMAN BANKRUPTCY NEWS today. The 19-page newsletter contains stories with these headlines: [00715] CADENCE TO PURCHASE COLLINS & AIKMAN'S PLASTICS BUSINESS[00716] COLLINS & AIKMAN TO SHUT FIVE PLANTS BY MARCH 2007[00717] COLLINS & AIKMAN FILES FIRST AMENDED CHAPTER 11 PLAN[00718] U.S. TRUSTEE'S MOTION FOR APPOINTMENT OF EXAMINER[00719] DEBTORS REJECT THREE RJ YOUNG COMPANY LEASES[00720] DEBTORS SELL DE MINIMIS ASSETS TO INDUSTRIAL TECHNOLOGY[00721] DEBTORS SELL DE MINIMIS ASSETS TO JACKSON FOR $137,500[00722] DEBTORS' APPLICATION TO EMPLOY MILLER AS SPECIAL COUNSEL[00723] DEBTORS SELL OWOSSO ASSETS TO S-GROUP FOR $687,500[00724] DEBTORS REJECT TWO REAL PROPERTY LEASES WITH ROXBORO[00725] DEBTORS' APPLICATION TO HIRE CB RICHARD & KEEN REALTY[00726] ADVERSARY PROCEEDING -- Karmann vs. Dura Convertible[00727] WAREHOUSE HOLDINGS TRANSFERS $50,000 CLAIM TO RHYNES[00728] DEBTORS' MOTION FOR APPROVAL OF NISSAN SETTLEMENT[00729] DEBTORS' 11TH OMNIBUS OBJECTION TO CLAIMS[00730] DEBTORS' 12TH OMNIBUS OBJECTION TO CLAIMS[00731] DEBTORS' 13TH OMNIBUS OBJECTION TO CLAIMS[00732] DEBTORS' 14TH OMNIBUS OBJECTION TO CLAIMS[00733] DEBTORS' OBJECTION TO NEW YORK CITY TAX CLAIMS[00734] EXECUTIVE VICE PRESIDENT MARYANN WRIGHT RESIGNSA copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_co_cs?co_name=COLLINS _and_ AIKMAN for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.COLLINS & AIKMAN BANKRUPTCY NEWS tracks the restructuring of Collins & Aikman Corp and WE Garrison Company Inc.How to Subscribe to COLLINS & AIKMAN BANKRUPTCY NEWSCOLLINS & AIKMAN 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.To continue receiving COLLINS & AIKMAN BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_cs_subs?co_name=COLLINS _and_ AIKMAN###This press release was issued through GroupWeb EmailWire.com. For more information on press release distribution, go to http://www.emailwire.com.


Bankruptcy Creditors' Service, Inc.
Peter Chapman

peter@bankrupt.com


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