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COLLINS & AIKMAN Bankruptcy News, Issue No. 57

(EMAILWIRE.COM, March 30, 2007 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 57 of COLLINS & AIKMAN BANKRUPTCY NEWS today. The 13-page newsletter contains stories with these headlines: [00749] DEBTORS' MOTION TO ADJOURN PLAN CONFIRMATION HEARING[00750] DEBTORS TO AUCTION WILLIAMSTON ASSETS STARTING AT $3.1M[00751] COLLINS & AIKMAN TO SHUT FIVE PLANTS BY MARCH 2007[00752] DEBTORS SELL INVENTORY RACKS TO MAYCO FOR $75,200[00753] DEBTORS SELL DE MINIMIS ASSETS TO TIC FOR $30,000[00754] DEBTORS SELL ASSEMBLY FIXTURES TO TRW FOR $3,500 [00755] NOTICE OF ABANDONMENT AND DISPOSAL OF ALBERMARLE ASSETS[00756] JOHNSON'S MOTION TO ARBITRATE BREACH OF CONTRACT CLAIM[00757] PTM'S MOTION TO ALLOW ADMINISTRATIVE EXPENSE PAYMENT[00758] ADVERSARY PROCEEDING -- Debtors vs. Wachovia Bank[00759] BANKRUPTCY PROFESSIONALS' INTERIM FEE APPLICATIONS [00760] DEBTORS REACH DEALS WITH U.S. ATTORNEY'S OFFICE AND SEC [00761] FORMER C&A CEO AND 3 OTHERS CHARGED FOR SECURITIES FRAUDA copy of today's newsletter can be purchased on-line with a major credit card at|_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|_and_|AIKMAN.###This press release was issued through GroupWeb EmailWire.Com. For more information on press release distribution, go to

Bankruptcy Creditors' Service, Inc.
Peter Chapman


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