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et al.1 Debtors. ) ) ) ) ) ) ) ) Chapter 11 Case No. 05-55927 (SWR) (Jointly Administered) (Tax Identification #13-3489233) Honorable Steven W. Rhodes

STIPULATION BY AND BETWEEN THE DEBTORS, UNITED STATES INTERNAL REVENUE SERVICE AND BREITKREUZ MOLDS AND PLASTICS, INC. REGARDING JOINT MOTION FOR ADEQUATE PROTECTION This Stipulation regarding the Joint Motion of the United States Internal Revenue Service and Breitkreuz Molds and Plastics, Inc. for Adequate Protection Including the Allowance of an Administrative Expense Claim for Prior Post-Petition Usage [Docket No. 1806] (the Motion) is made as of February 2, 2006, by and between the above-captioned debtors (collectively, the Debtors), the United States Internal Revenue Service (the IRS) and Breitkreuz Molds and Plastics, Inc. (Breitkreuz).

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. 05-55957; 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. 0555991; 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. 0555964; 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. 05-55992; 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.

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WHEREAS, on May 17, 2005 (the Petition Date), the Debtors filed petitions for relief under chapter 11 of title 11 of the United States Code, 11 U.S.C. 101-1330 (the Bankruptcy Code), in the United States Bankruptcy Court for the Eastern District of Michigan (the Bankruptcy Court); and WHEREAS, on or about October 16, 2003, Collins & Aikman Products Co. (C&A) and Breitkreuz entered into a purchase order (the Purchase Order) for the production of certain plastic injection molds for the General Motors 2005 GMX001 Chevrolet Cavalier program (the Molds); and WHEREAS, the total amount due by C&A for the Molds under the Purchase Order was $469,800 (this amount included an early payment deduction of $4,500); and WHEREAS, C&A has made certain payments on behalf of the Molds in the aggregate amount of $313,639; and WHEREAS, the IRS and Breitkreuz allege that $156,161 remains outstanding under the Purchase Order; and WHEREAS, it is disputed whether the Molds were defective upon receipt by C&A; and WHEREAS, it is disputed whether C&A notified Breitkreuz of the alleged defects in the Molds; and WHEREAS, on November 23, 2005, the IRS and Breitkreuz filed the Motion, seeking adequate protection including the allowance of an administrative claim for post-petition usage of the Molds; and WHEREAS, on December 19, 2005, the Debtors filed an objection [Docket No. 1915] to the Motion; and

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WHEREAS, on January 4, 2006, the IRS and Breitkreuz filed a reply [Docket No. 2000] to the Debtors objection. NOW, THEREFORE, in consideration of the mutual promises contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, it is hereby stipulated and agreed to by and between the parties as follows: 1. The Debtors shall pay to the IRS $85,888.55 (the Payment) within ten (10)

calendar days after the entry of the order approving this Stipulation, which shall satisfy any and all claims that the IRS and Breitkreuz may hold against C&A and/or any other Debtors arising from, or in connection with, the Molds and/or the Purchase Order. The Payment shall be sent to: Internal Revenue Service, 22600 Hall Rd., Suite 102, Clinton Twp., MI 48036-1172, ATTN: SUSAN J. MIKOSZ. 2. Upon receipt of the Payment by the IRS in accordance with paragraph 1 herein,

the Motion shall be deemed withdrawn in its entirety. 3. The Bankruptcy Court shall retain jurisdiction (and the Debtors, the IRS and

Breitkreuz consent to such retention of jurisdiction) to resolve any disputes or controversies arising from or related to this Stipulation. Any request for relief brought before the Bankruptcy Court to resolve a dispute arising from or related to this Stipulation shall be brought on proper notice and in accordance with relevant Federal Rules of Bankruptcy Procedure and Local Rules for the Bankruptcy Court of the Eastern District of Michigan. 4. This Stipulation may be executed in multiple counterparts, any of which may be

transmitted by facsimile, and each of which shall be deemed an original, but all of which together shall constitute one instrument.

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This Stipulation shall not be modified, altered, amended or vacated without

written consent of all parties hereto. Any such modification, alteration, amendment or vacation, in whole or in part, shall be subject to the approval of the Bankruptcy Court. 6. The terms and conditions of this Stipulation shall be immediately effective and

enforceable upon the entry of the order approving this Stipulation. [Remainder of page intentionally left blank]

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KIRKLAND & ELLIS LLP /s/ Ray C. Schrock Richard M. Cieri (NY RC 6062) Citigroup Center 153 East 53rd Street New York, New York 10022 Telephone: (212) 446-4800 Facsimile: (212) 446-4900 -andDavid L. Eaton (IL 3122303) Ray C. Schrock (IL 6257005) Marc J. Carmel (IL 6272032) 200 East Randolph Drive Chicago, Illinois 60601 Telephone: (312) 861-2000 Facsimile: (312) 861-2200 -andCARSON FISCHER, P.L.C.

RAYMOND & PROKOP, P.C. /s/ Lynn M. Brimer Lynn M. Brimer 26300 Northwestern Highway, 4th Floor Southfield, MI 48086-5058 Telephone: (248) 357-3010 Facsimile: (248) 357-2720 Counsel for Breitkreuz Molds and Plastics, Inc.

Joseph M. Fischer (P13452) 4111 West Andover Road West - Second Floor Bloomfield Hills, Michigan 48302 Telephone: (248) 644-4840 Facsimile: (248) 644-1832 Co-Counsel for the Debtors

UNITED STATES INTERNAL REVENUE SERVICE /s/ John W. Stevens John W. Stevens 477 Michigan Avenue, Room 1870 Detroit, MI 48226 Telephone: (313) 237-6419 Facsimile: (313) 237-6445

Counsel for the United States Internal Revenue Service

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