Collins & Aikman Wants To Keep Ch. 11 Case Open

Law360, New York (August 8, 2007, 12:00 AM EDT) -- Anticipating a fight over claims against it on exiting bankruptcy, Collins & Aikman Corp. has asked a judge for an order extending the closing of its Chapter 11 case until next February.

The auto parts maker, which is currently operating its business as a debtor-in-possession, told U.S. Bankruptcy Judge Steven Rhodes the resolution of administrative claims could require “the court’s continued supervision” beyond the scheduled closing date of Aug. 18.

In an ex parte motion filed with the U.S. Bankruptcy Court for the Eastern District of...
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