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  • Stipulation Regarding Withdrawal of Visteon Corporation'S Motion For Relief From Stay To Effect Setoff

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    Chapter 11 Dockets
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    Visteon Corporation had previously filed a motion for relief from an automatic bankruptcy stay to effect a setoff against Collins & Aikman Corporation, who had filed for Chapter 11 bankruptcy protection. However, according to the stipulation, Visteon and the debtors now agree to withdraw Visteon's motion without prejudice, meaning Visteon can refile it later, and without any costs, attorney fees or sanctions. The stipulation was signed by attorneys for both Visteon and the debtors.

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    Visteon Corporation had previously filed a motion for relief from an automatic bankruptcy stay to effect a setoff against Collins & Aikman Corporation, who had filed for Chapter 11 bankruptcy protection. However, according to the stipulation, Visteon and the debtors now agree to withdraw Visteon's motion without prejudice, meaning Visteon can refile it later, and without any costs, attorney fees or sanctions. The stipulation was signed by attorneys for both Visteon and the debtors.

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    28 views1 page

    Stipulation Regarding Withdrawal of Visteon Corporation'S Motion For Relief From Stay To Effect Setoff

    Uploaded by

    Chapter 11 Dockets
    Visteon Corporation had previously filed a motion for relief from an automatic bankruptcy stay to effect a setoff against Collins & Aikman Corporation, who had filed for Chapter 11 bankruptcy protection. However, according to the stipulation, Visteon and the debtors now agree to withdraw Visteon's motion without prejudice, meaning Visteon can refile it later, and without any costs, attorney fees or sanctions. The stipulation was signed by attorneys for both Visteon and the debtors.

    Copyright:

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    UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF MICHIGAN SOUTHERN DIVISION (DETROIT)

    IN RE: COLLINS & AIKMAN CORPORATION, et al., Case No. 05-55927 Jointly Administered Chapter 11 case Hon. Steven W. Rhodes

    Debtors. ___________________________________/ STIPULATION REGARDING WITHDRAWAL OF VISTEON CORPORATION'S MOTION FOR RELIEF FROM STAY TO EFFECT SETOFF Visteon Corporation ("Visteon") and the Debtors, by their respective undersigned attorneys, stipulate and agree to the withdrawal of Visteon's Motion for Relief from Stay to Effect Setoff, without prejudice to Visteon's right to refile the Motion at a later date and without costs, attorneys fees or sanctions.

    DICKINSON WRIGHT PLLC

    CARSON FISCHER, PLC

    By: /s/ Dawn R. Copley Michael C. Hammer (P41705) Dawn R. Copley (P53343) Attorneys for Visteon Corporation 500 Woodward Avenue, Suite 4000 Detroit, MI 48226 (313) 223-3500 dcopley@dickinsonwright.com

    By: /s/ Lawrence A. Lichtman Lawrence A. Lichtman (P35403) Christopher A. Grosman (P58693) Attorneys for Debtors 300 E. Maple Rd., Fl. 3 Birmingham, MI 48009 (248) 644-4840 cgrosman@carsonfischer.com

    DETROIT 26381-215 901386v1

    0W[;%+'

    0555927051107000000000002

    ".

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