IN RE AIR CARGO, INC. (Bankr.D.Md. 7-3-2007)

JAMES SCHNEIDER, Bankruptcy Judge

Martin T. Fletcher, the Litigation Trustee for the bankruptcy estate of Air Cargo, Inc. (the "Litigation Trustee") and GT USA, LLC ("GT"), by their respective counsel, hereby stipulate as follows:

WHEREAS, on December 7, 2004, Air Cargo, Inc., the above-captioned debtor (the "Debtor"), filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code.

WHEREAS, on May 11, 2006, the Court entered an Order (the "Confirmation Order") approving the proposed Joint Disclosure Statement and confirming the Joint Plan of Liquidation (the "Joint Plan").

WHEREAS, on May 26, 2006 (the "Effective Date"), the Joint Plan became effective.

WHEREAS, pursuant to the Joint Plan, Martin T. Fletcher was appointed as the Litigation Trustee to liquidate all assets of the estate, including but not limited to prosecution of all claims of the estate and all claims contributed to the Litigation Trust pursuant to the Joint Plan.

WHEREAS, on or about January 5, 2005, GT filed proof of claim no. 39 ("Claim No. 39"), a general unsecured non-priority claim in the total amount of $213,217.07.

WHEREAS, on or about February 9, 2005, GT filed proof of claim no. 79 ("Claim No. 79"), a general unsecured non-priority claim in the total amount of $218,195.21. Claim No. 79 amended and replaced Claim No. 39.

WHEREAS, on or about March 26, 2005, GT filed proof of claim no. 144 ("Claim No. 144"), a general unsecured non-priority claim in the total amount of $218,195.21. Claim No. 144 amended and replaced Claim No. 79.

WHEREAS, the Litigation Trustee and GT agree that Claim No. 144 should be reduced and allowed as a general unsecured non-priority claim in the total amount of $214,130.43.

NOW, THEREFORE, it is, by the United States Bankruptcy Court for the District of Maryland

ORDERED, that Claim No. 144 is hereby reduced and allowed as a general unsecured non-priority claim in the total amount of $214,130.43.