COLLINS & AIKMAN Bankruptcy News, Issue No. 56 press release

25 March 2007

( EMAILWIRE.COM, March 21, 2007 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 56 of COLLINS & AIKMAN BANKRUPTCY NEWS today. The 11-page newsletter contains stories with these headlines:

[00735] C&A STILL UNABLE TO FILE FINANCIAL REPORTS WITH SEC

[00736] DEBTORS SELL DE MINIMIS ASSETS TO BRIDGEWATER FOR $50,000

[00737] DEBTORS' MOTION TO DELAY DECISION ON BECKER LEASE

[00738] ADVERSARY PROCEEDING -- Karmann vs. Dura Convertible

[00739] PTM'S MOTION TO ALLOW ADMINISTRATIVE EXPENSE PAYMENT

[00740] DOTT'S MOTION TO ALLOW ADMINISTRATIVE EXPENSE PAYMENT

[00741] BECKER TRANSFERS $4,626,640 CLAIM TO WELLS FARGO

[00742] DEBTORS TO AUCTION WILLIAMSTON ASSETS STARTING AT $3.1M

[00743] DEBTORS REJECT THREE RJ YOUNG COMPANY LEASES

[00744] DEBTORS' APPLICATION TO HIRE CB RICHARD & KEEN REALTY

[00745] BANKRUPTCY PROFESSIONALS' INTERIM FEE APPLICATIONS

[00746] DEBTORS' 9TH OMNIBUS OBJECTION TO CLAIMS

[00747] DEBTORS' 11TH OMNIBUS OBJECTION TO CLAIMS

[00748] MONTHLY OPERATING REPORT -- February 2007

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=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 NEWS

COLLINS & 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.

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