Collins & Aikman Creditors Want Antitrust Probe

Law360, New York (August 21, 2006, 12:00 AM EDT) -- The unsecured creditors committee of bankrupt Collins & Aikman Corp. wants to investigate DaimlerChrysler Corp., Ford Motor Corp. and General Motors Corp.—the auto supplier’s largest customers—for alleged violations of antitrust law.

“The committee seeks to investigate whether the principal customers exchanged competitively sensitive information concerning pricing and other terms and conditions of their respective dealings with the debtors, or otherwise coordinated their conduct vis-à-vis the debtors, both pre- and post-petition,” says court documents filed earlier this month in the U.S. Bankruptcy Court for the District of...
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