IN THE UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF MICHIGAN SOUTHERN DIVISION In re: ) ) COLLINS & AIKMAN CORPORATION,

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

ORDER APPROVING STIPULATIONS Upon the Stipulation Amending Claim Number 8512 between the Collins & Aikman Post-Consummation Trust (the PCT) and the Collins & Aikman Litigation Trust (the LT), as successors to the above-captioned Debtors (collectively, the Debtors) pursuant to the First Amended Joint Plan of Reorganization of Collins & Aikman Corporation (the Plan) as confirmed by the Order Confirming the First Amended Joint Plan of Collins & Aikman Corporation and Its Debtor Subsidiaries (the Confirmation Order), and Troy Concept Center f/k/a Becker 250 Stephenson, [Dckt. #9561], filed June 2, 2008 (the Troy Concept Center
1

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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Stipulation); Upon the Stipulation between the PCT and El Paso Natural Gas Company, [Dckt. #9576], filed June 3, 2008 (the El Paso Stipulation); Upon the Stipulation between the LT and Continental Automotive Mexicana, S.A. de C.V., [Dckt. #9578], filed June 3, 2008 (the Continental Stipulation); Upon the Stipulation Amending Claim Number 6056 between the LT and Dorsett Industries LP, [Dckt. #9605], filed June 10, 2008 (the Dorsett Stipulation); Upon the Stipulation Reclassifying Claim Number 4295 between the PCT and Flora Major, [Dckt. #9619], filed June 16, 2008 (the Major Stipulation); Upon the Stipulation Withdrawing Claim Number 3212 between the LT and Alliance Resources, Inc., [Dckt. #9677], filed July 1, 2008 (the Alliance Stipulation); Upon the Stipulation Withdrawing Schedule between the LT and American Construction Trades, [Dckt. #9678], filed July 1, 2008 (the American Construction Stipulation); Upon the Stipulation Withdrawing Schedule between the LT and American Machine Remanufacturing, [Dckt. #9679], filed July 1, 2008 (the AMR Stipulation); Upon the Stipulation Withdrawing Claims between the LT and Van Dorn Demag Corporation (d/b/a Demag Plastics Group Corporation), [Dckt. #9680], filed July 1, 2008 (the Demag Stipulation); Upon the Stipulation Withdrawing Claim Number 2989 between the LT and Goldsmith & Eggleton Inc., [Dckt. #9681], filed July 1, 2008 (the Goldsmith Stipulation); Upon the Stipulation Withdrawing Claim Number 3197 between the LT and Hinkle Manufacturing, [Dckt. #9682], filed July 1, 2008 (the Hinkle Stipulation); Upon the Stipulation Withdrawing Claim Number 8137 between the LT, Omron Automotive Electronics and Omron Dualtec Auto Electronic, [Dckt. #9684], filed July 1, 2008 (the Omron Stipulation); Upon the Stipulation Withdrawing Claim Number 1525 between the LT and SKD Automotive Group, [Dckt. #9685], filed July 1, 2008 (the SKD Stipulation); Upon the

Stipulation Withdrawing Schedule between the LT and Superior Mold & Die Co., [Dckt. #9686],

filed July 1, 2008 (the Superior Mold Stipulation); Upon the Stipulation Resolving Claims between the PCT, the LT and Gusmer Corporation, [Dckt. #9687], filed July 1, 2008 (the Gusmer Stipulation); Upon the Stipulation Withdrawing Claim Number 7273 between the PCT and Cisco Systems Capital Corporation, [Dckt. #9689], filed July 1, 2008 (the Cisco Stipulation); it appearing that venue and jurisdiction are otherwise appropriate with this Court; the Court being fully advised in the premises: IT IS ORDERED that: 1. Based on the Troy Concept Center Stipulation, Claim Number 8512 is

redesignated as a Class Unsecured claim and is amended to the amount of $6,364,722. To the extent any distributions are made on Claim Number 8512 as amended by this Order, such distributions will be made pursuant to the terms of the Plan as confirmed by the Confirmation Order. This Order is without prejudice to the LTs right to object to or otherwise contest Claim Number 8512, as amended by this Order. 2. Based on the El Paso Stipulation, the secured portion of Claim Number 6851 is

expunged and disallowed for all purposes. This Order is without effect on the remaining general unsecured portion of Claim Number 6851. This Order is without prejudice to the LTs right to object to or otherwise contest Claim Number 6851, as amended by this Order. To the extent any distributions are made on Claim Number 6851 as amended by this Order, such distributions will be made pursuant to the terms of the Plan as confirmed by the Confirmation Order. 3. Based on the Continental Stipulation, Claim Number 7639 is withdrawn and

expunged for all purposes. 4. Based on the Dorsett Stipulation, Claim Number 6056 is amended to and allowed

in the amount of $697,927.79. To the extent any distributions are made on Claim Number 6056

as amended by this Order, such distributions will be made pursuant to the terms of the Plan as confirmed by the Confirmation Order. 5. Based on the Major Stipulation, Claim Number 4295 is reclassified as a general

unsecured claim. This Order is without prejudice to the LTs ability to object to or otherwise contest Claim Number 4295 as reclassified. To the extent any distributions are made on Claim Number 4295 as reclassified by this Order, such distributions will be made pursuant to the terms of the Plan as confirmed by the Confirmation Order. 6. Based on the Alliance Stipulation, Claim Number 3212 is withdrawn and

expunged for all purposes. 7. Based on the American Construction Stipulation, the Scheduled Amounts, as that

term is defined in the American Construction Stipulation, are withdrawn with prejudice and expunged for all purposes. The Debtors and the LT are released and shall be forever discharged from any and all indebtedness or liability with respect to the Scheduled Amounts, and American Construction expressly waives any rights or interests it has to the Scheduled Amounts. 8. Based on the AMR Stipulation, the Scheduled Amounts, as that term is defined in

the AMR Stipulation, are withdrawn with prejudice and expunged for all purposes. The Debtors and the LT are released and shall be forever discharged from any and all indebtedness or liability with respect to the Scheduled Amounts, and American Construction expressly waives any rights or interests it has to the Scheduled Amounts. 9. Based on the Demag Stipulation, the Claims listed on Exhibit A to the Demag

Stipulation are withdrawn and expunged for all purposes. 10. Based on the Goldsmith Stipulation, Claim Number 2989 is withdrawn and

expunged for all purposes.

11.

Based on the Hinkle Stipulation, Claim Number 3197 is withdrawn and expunged

for all purposes. 12. Based on the Omron Stipulation, Claim Number 8137 is withdrawn and expunged

for all purposes. 13. Based on the SKD Stipulation, Claim Number 1525 is withdrawn and expunged

for all purposes. 14. Based on the Superior Mold Stipulation, the Scheduled Amounts, as that term is

defined in the Superior Mold Stipulation, are withdrawn with prejudice and expunged for all purposes. The Debtors and the LT are released and shall be forever discharged from any and all indebtedness or liability with respect to the Scheduled Amounts, and Superior Mold expressly waives any rights or interests it has to the Scheduled Amounts. 15. Based on the Gusmer Stipulation, Claim Number 208 is disallowed and expunged

for all purposes. 16. Based on the Gusmer Stipulation, Claim Number 1954 is amended to and allowed

in the following amounts: (1) $144,000 as a secured claim; and (2) $35,338.25 as a general unsecured claim. The PCT shall pay Gusmer the secured portion of Claim Number 1954 within 15 days of July 1, 2008. To the extent any distributions are made on the general unsecured portion of Claim Number 1954 as amended by this Order, such distributions will be made pursuant to the terms of the Plan as confirmed by the Confirmation Order. 17. Based on the Cisco Stipulation, Claim Number 7273 is withdrawn and expunged

for all purposes.

18.

Debtors, the PCT, the LT and Kurtzman Carson Consultants, LLC are authorized

to take all actions necessary to effectuate the relief granted in this Order.

Signed on July 10, 2008 _ __ _/s/ Steven Rhodes _ _ Steven Rhodes Chief Bankruptcy Judge 19.