Scribd Logo
Upload

Welcome to Scribd!

  • 37 views

    10000029322

    Uploaded by

    Chapter 11 Dockets
    1) The United States Bankruptcy Court for the Eastern District of Michigan approved a settlement agreement between Collins & Aikman Corporation and its affiliates (the Debtors) and Anchor Tool & Die Co. d/b/a Anchor Manufacturing Group, Inc. (Anchor) to resolve claims in an adversary proceeding. 2) The Court found it had jurisdiction over the matter and that venue was proper. No objections were filed to the Debtors' motion seeking approval of the settlement. 3) The order granted the Debtors' motion, approved the settlement agreement between the Debtors and Anchor, and authorized the Debtors or another estate representative to execute documents to complete the settlement. The settlement was binding on both parties

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    10000029322

    Uploaded by

    Chapter 11 Dockets
    37 views3 pages
    1) The United States Bankruptcy Court for the Eastern District of Michigan approved a settlement agreement between Collins & Aikman Corporation and its affiliates (the Debtors) and Anchor Tool & Die Co. d/b/a Anchor Manufacturing Group, Inc. (Anchor) to resolve claims in an adversary proceeding. 2) The Court found it had jurisdiction over the matter and that venue was proper. No objections were filed to the Debtors' motion seeking approval of the settlement. 3) The order granted the Debtors' motion, approved the settlement agreement between the Debtors and Anchor, and authorized the Debtors or another estate representative to execute documents to complete the settlement. The settlement was binding on both parties

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    1) The United States Bankruptcy Court for the Eastern District of Michigan approved a settlement agreement between Collins & Aikman Corporation and its affiliates (the Debtors) and Anchor Tool & Die Co. d/b/a Anchor Manufacturing Group, Inc. (Anchor) to resolve claims in an adversary proceeding. 2) The Court found it had jurisdiction over the matter and that venue was proper. No objections were filed to the Debtors' motion seeking approval of the settlement. 3) The order granted the Debtors' motion, approved the settlement agreement between the Debtors and Anchor, and authorized the Debtors or another estate representative to execute documents to complete the settlement. The settlement was binding on both parties

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    37 views3 pages

    10000029322

    Uploaded by

    Chapter 11 Dockets
    1) The United States Bankruptcy Court for the Eastern District of Michigan approved a settlement agreement between Collins & Aikman Corporation and its affiliates (the Debtors) and Anchor Tool & Die Co. d/b/a Anchor Manufacturing Group, Inc. (Anchor) to resolve claims in an adversary proceeding. 2) The Court found it had jurisdiction over the matter and that venue was proper. No objections were filed to the Debtors' motion seeking approval of the settlement. 3) The order granted the Debtors' motion, approved the settlement agreement between the Debtors and Anchor, and authorized the Debtors or another estate representative to execute documents to complete the settlement. The settlement was binding on both parties

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF MICHIGAN SOUTHERN DIVISION ----------------------------------------------------------In re: COLLINS & AIKMAN CORPORATION,

    et al.1 Debtors. ----------------------------------------------------------x ) ) ) ) ) ) x

    Chapter 11 Case No. 05-55927 (SWR) (Jointly Administered) Honorable Steven W. Rhodes

    ORDER GRANTING DEBTORS MOTION TO APPROVE SETTLEMENT AND COMPROMISE OF CLAIMS WITH RESPECT TO ANCHOR TOOL & DIE CO. D/BA/ ANCHOR MANUFACTURING GROUP, INC. IN ADVERSARY PROCEEDING NO. 07-05687 Upon the Motion of the above-captioned debtors (collectively, the Debtors) for entry of an order approving the Debtors proposed settlement with Anchor Tool & Die Co. d/b/a Anchor Manufacturing Group, Inc. (Anchor); it appearing that this proceeding is a core proceeding pursuant to 28 U.S.C. 157; it appearing that venue of
    2

    The Debtors in the jointly administered cases include: Collins & Aikman Corporation; Amco Convertible Fabrics, Inc., Case No. 05-55949; Becker Group, LLC (d/b/a/ Collins & Aikman Premier Mold), Case No. 05-55977; Brut Plastics, Inc., Case No. 0555957; Collins & Aikman (Gibraltar) Limited, Case No. 05-55989; Collins & Aikman Accessory Mats, Inc. (f/k/a the Akro Corporation), Case No. 05-55952; Collins & Aikman Asset Services, Inc., Case No. 05-55959; Collins & Aikman Automotive (Argentina), Inc. (f/k/a Textron Automotive (Argentina), Inc.), Case No. 05-55965; Collins & Aikman Automotive (Asia), Inc. (f/k/a Textron Automotive (Asia), Inc.), Case No. 05-55991; Collins & Aikman Automotive Exteriors, Inc. (f/k/a Textron Automotive Exteriors, Inc.), Case No. 05-55958; Collins & Aikman Automotive Interiors, Inc. (f/k/a Textron Automotive Interiors, Inc.), Case No. 05-55956; Collins & Aikman Automotive International, Inc., Case No. 05-55980; Collins & Aikman Automotive International Services, Inc. (f/k/a Textron Automotive International Services, Inc.), Case No. 05-55985; Collins & Aikman Automotive Mats, LLC, Case No. 05-55969; Collins & Aikman Automotive Overseas Investment, Inc. (f/k/a Textron Automotive Overseas Investment, Inc.), Case No. 05-55978; Collins & Aikman Automotive Services, LLC, Case No. 05-55981; Collins & Aikman Canada Domestic Holding Company, Case No. 05-55930; Collins & Aikman Carpet & Acoustics (MI), Inc., Case No. 05-55982; Collins & Aikman Carpet & Acoustics (TN), Inc., Case No. 05-55984; Collins & Aikman Development Company, Case No. 05-55943; Collins & Aikman Europe, Inc., Case No. 05-55971; Collins & Aikman Fabrics, Inc. (d/b/a Joan Automotive Industries, Inc.), Case No. 05-55963; Collins & Aikman Intellimold, Inc. (d/b/a M&C Advanced Processes, Inc.), Case No. 05-55976; Collins & Aikman Interiors, Inc., Case No. 05-55970; Collins & Aikman International Corporation, Case No. 05-55951; Collins & Aikman Plastics, Inc., Case No. 05-55960; Collins & Aikman Products Co., Case No. 05-55932; Collins & Aikman Properties, Inc., Case No. 05-55964; Comet Acoustics, Inc., Case No. 05-55972; CW Management Corporation, Case No. 05-55979; Dura Convertible Systems, Inc., Case No. 05-55942; Gamble Development Company, Case No. 05-55974; JPS Automotive, Inc. (d/b/a PACJ, Inc.), Case No. 05-55935; New Baltimore Holdings, LLC, Case No. 0555992; Owosso Thermal Forming, LLC, Case No. 05-55946; Southwest Laminates, Inc. (d/b/a Southwest Fabric Laminators Inc.), Case No. 05-55948; Wickes Asset Management, Inc., Case No. 05-55962; and Wickes Manufacturing Company, Case No. 05-55968.

    2 Unless otherwise defined herein, capitalized terms shall have the meaning ascribed to them in the Debtors Motion to Approve Settlement and Compromise of Claims With Respect to RCO Engineering, Inc. in Adversary Proceeding No. 07-05687.

    0W[;(&%
    0555927080605000000000012

    ,2

    this proceeding and this Motion in this District is proper pursuant to 28 U.S.C. 1408 and 1409 and the relief requested is in the best interest of the Debtors estates, their creditors and other parties in interest; it appearing that the Court has jurisdiction over this matter pursuant to 28 U.S.C. 157 and 1334; it appearing that this proceeding is a core proceeding pursuant to 28 U.S.C. 157(b)(2); it appearing that the venue of this proceeding and the Motion in this District is proper pursuant to 28 U.S.C. 1408 and 1409; notice of this Motion and the opportunity for a hearing on this Motion was appropriate under the particular circumstances and that no other or further notice need be given; no objections having been timely filed or served; and after due deliberation and sufficient cause appearing therefor and the Court being otherwise duly advised in the premises, it is hereby ORDERED that: 1. 2. The Motion is GRANTED in its entirety. The Settlement Agreement is approved and the Debtors or another

    appropriate Estate representative is authorized to execute any and all documents necessary to consummate the Settlement Agreement. The Settlement Agreement is

    binding on the Debtors, their estates, the C&A Post-Consummation Trust, Anchor and its affiliates. 3. The Court retains jurisdiction with respect to all matters arising from or

    related to the parties respective rights and obligations under the Settlement Agreement and the implementation of this Order.

    Signed on June 05, 2008 _ __ _/s/ Steven Rhodes Steven Rhodes __

    Chief Bankruptcy Judge

    You might also like