T R O U B L E D C O M P A N Y R E P O R T E R E U R O P E Friday, October 19, 2007, Vol. 8, No. 208 Headlines A U S T R I A BKW LLC: Wels Court Orders Business Shutdown NIESS RAUMAUSSTATTUNG: Claims Registration Period Ends Oct. 30 NIGHT-ST LLC: Steyr Court Orders Business Shutdown QUELLEN MALER: Vienna Court Orders Business Shutdown RITSCHI BITSCH: Claims Registration Period Ends Nov. 1 SOLDO LLC: Vienna Court Orders Business Shutdown VOSEK LLC: Claims Registration Period Ends Nov. 6 WOLFGANG LACKNER: Claims Registration Period Ends Oct. 31 B E L G I U M SOLUTIA INC: Treatment of Claims Under Revised Plan D E N M A R K EASTMAN KODAK: Paying 25 Cents Per Share Dividend on Dec. 14 F R A N C E BOSTON SCIENTIFIC: To Reduce Workforce by 2,300 Worldwide GOODYEAR TIRE: Conversion Period for Sr. Notes Ends Dec. 31 XEROX CORP: Bags US$82-Million Contract with EUROPART G E R M A N Y ACM TOURISMUS: Claims Registration Ends November 6 BERO WARMEVERSORGUNG: Claims Registration Ends November 6 CHRYSLER LLC: Negotiator Urges UAW Leaders to Reject New Pact CLEAN IN THE CITY: Claims Registration Ends Nov. 5 EURO-TRANS TRANSPORTE: Creditors Must File Claims by November 9 FLOWMEDICAL GMBH: Claims Registration Ends Nov. 2 FUN TRADE: Claims Registration Ends Nov. 5 INGENIEUR CONSULT: Claims Registration Period Ends Jan. 2 MEDIATRADE SYSTEMS: Creditors Must File Claims by November 9 MTR HAUSKONZEPTE: Creditors Must File Claims by November 9 OV TREUHAND: Claims Registration Ends Nov. 1 PANO WASCH: Claims Registration Period Ends Oct. 31 PBMG MBH: Claims Registration Ends November 6 R & R BAU: Claims Registration Ends November 5 SEAFOOD-HOUSE GMBH: Claims Registration Period Ends Nov. 1 VAN DE SANDT: Claims Registration Period Ends Nov. 23 WEIN- WIESSNER GMBH: Claims Registration Period Ends Oct. 30 WINKELMEYER VERWALTUNGS: Claims Registration Period Ends Oct. 30 WITTE REISE: Claims Registration Period Ends Nov. 2 H U N G A R Y AES CORP: Commences Cash Tender Offer for US$1.24 Bln Sr. Notes AES CORP: May Use Bond Proceeds to Buy 49.99% Brasiliana Stake I R E L A N D RITCHIE IRELAND: Exclusive Plan Filing Period Moved to Jan. 16 I T A L Y PARMALAT SPA: Settles Case Against Banca Ifis for EUR2 Million K A Z A K H S T A N AKSURAN-2002 LLP: Proof of Claim Deadline Slated for Nov. 21 DERIBSAL LLP: Creditors Must File Claims Nov. 21 ENERGOTRUST LLP: Claims Filing Period Ends Nov. 23 EQUIPMENT GROUP: Creditors' Claims Due on Nov. 23 GLOBAL-A LLP: Claims Registration Ends Nov. 20 KAZAKHSKY GUMANITARNY: Creditors Must File Claims Nov. 23 MEDITSINSKY CENTRE: Claims Filing Period Ends Nov. 20 MEHANOMONTAGE OJSC: Creditors' Claims Due on Nov. 23 NESTLE ROSSIYA: Claims Registration Ends Nov. 23 NORDIC ALUMINIUM: Proof of Claim Deadline Slated for Nov. 23 K Y R G Y Z S T A N FUND FOR SOCIAL-ECONOMIC DEVELOPMENT: Claims Filing Ends Nov. 21 L U X E M B O U R G EVRAZ GROUP: Steel Output Drops 16% for Third Quarter 2007 N E T H E R L A N D S GLOBAL POWER: Exclusive Plan-Filing Period Extended to Oct. 24 GLOBAL POWER: Wants Court to Approve Plan Support Agreement KONINKLIJKE AHOLD: Court Orders Release of Settlement Payouts KONINKLIJKE AHOLD: Reacquires Own Shares for EUR43.36 Million KONINKLIJKE AHOLD: Sells Tops Market to Morgan Stanley P O R T U G A L BEARINGPOINT INC: Taps Rick Martino as Executive VP of Global HR R U S S I A AL'VIS OJSC: Asset Sale Slated for November 13 AVRYUZ APC*: Asset Sale Slated for November 6 COMMERCIAL INVESTMENT: Court Starts Competitive Proceedings DISTILLERY ARKADAKSKIJ: Asset Sale Slated for November 9 EVRAZ GROUP: Steel Output Drops 16% for Third Quarter 2007 ISKITIMSKIJ CJSC: Creditors Must File Claims by Dec. 6 LEFORTOVO CJSC: Creditors Must File Claims by Nov. 5 MINERAL-RESOURCE CJSC: Creditor Must File Claims by Nov. 6 MINYARSKIJ METIZNO: Creditors Must File Claims by Nov. 6 PERESLAVL' CJSC: Asset Sale Slated for November 7 TERSA CJSC: Asset Sale Slated for November 5 URALTRANSBANK: Fitch Affirms B- IDR on Low Capital Flexibility S P A I N EMPRESAS HIPOTECARIO 5: S&P Junks EUR30.8 Million Class D Notes HIPOTOTTA NO. 6: S&P Junks EUR11.45 Million Class F Notes U K R A I N E ACTIVE-BANK: Moody's Assigns B3/NP/E+/Baa3.ua Ratings DON METAL: Proofs of Claim Deadline Set October 20 EUM LTD: Creditors Must File Claims by October 20 EURO-START LLC: Creditors Must File Claims by October 20 HOUSEHOLD EQUIPMENT: Proofs of Claim Deadline Set October 20 MEBOS LLC: Creditors Must File Claims by October 20 TECHNICS OJSC: Creditors Must File Claims by October 20 U N I T E D K I N G D O M ADVANCED MARKETING: Wants More Time to Decide on Remaining Lease BGM CRYOGENIC: Brings In Liquidators from BDO Stoy Hayward COLLINS & AIKMAN: Joint Amended Plan Effective as of October 12 COLLINS & AIKMAN: Shuts Down Operation After Sale Completion COLLINS & AIKMAN: Continues Sale of 400 Patents Despite Closure DURA AUTOMOTIVE: Wants John Knappenberger Separation Pact Okayed ENRON CORP: Creditors Appeal Denial of Claims Subordination FORD MOTOR: Continues Low-Level Contract Talks with UAW GARLINGE SERVICES: Claims Filing Period Ends November 8 GENERAL MOTORS: To Cut 767 Jobs at Hammtramck Plant in December GENERAL MOTORS: New UAW Terms Cue Moody's Positive Outlook HAWTHORN VENTURES: Joint Liquidators Take Over Operations J & H BODY: Calls In Liquidators from Tenon Recovery LEVEL 3: Completes Purchase of AT&T Inc.'s BellSouth Assets MTI TECHNOLOGY: Files for Chapter 11 Bankruptcy Protection MTI TECHNOLOGY: Case Summary & 19 Largest Unsecured Creditors MTI TECH: Selling European Units to Zinc Holdings for US$5.5 Mln NORTHERN ROCK: Bank of England Debt Reaches GBP16 Billion NORTHERN ROCK: Virgin Group Expects Takeover Response Next Week NORTHERN ROCK: MPs Want Executives to Resign Due to Incompetence POPE & TALBOT: Further Extends Lender Pact on Covenant Default REMY WORLDWIDE: Wants to Employ AP Services as Crisis Manager REMY WORLDWIDE: Wants to Assume Caterpillar Inventory Agreement SCO GROUP: Files Schedules of Assets and Liabilities SCO Group: Terminates 16 Employees; Wants Names Filed Under Seal SUN MICROSYSTEMS: Spares Scottish Unit from Worldwide Job Cuts TATA MOTORS: To Consider July-Sept. 2006 Results on Oct. 31 VISTEON CORP: Selling Largest UK Operation to Linamar WATERFORD WEDGWOOD: Eyes EUR50 Mln Preference Shares Placement * BOOK REVIEW: The First Junk Bond: A Story of Corporate Boom and Bust ********* ============= A U S T R I A ============= BKW LLC: Wels Court Orders Business Shutdown -------------------------------------------- The Land Court of Wels entered Sept. 14 an order shutting down the business of LLC BKW (FN 273040f). Court-appointed estate administrator Johannes Hofmann recommended the business shutdown after determining that the continuing operations would reduce the value of the estate. The estate administrator can be reached at: Dr. Johannes Hofmann Ringstrasse 38 4600 Wels Austria Tel: 07242/65358 Fax: 07242/65358-25 E-mail: ra.hofmann@aon.at Headquartered in Wels, Austria, the Debtor declared bankruptcy on Sept. 12 (Bankr. Case No 20 S 117/07t). NIESS RAUMAUSSTATTUNG: Claims Registration Period Ends Oct. 30 -------------------------------------------------------------- Creditors owed money by LLC Niess Raumausstattung (FN 244477a) have until Oct. 30 to file written proofs of claim to court- appointed estate administrator Martin Edelmann at: Mag. Martin Edelmann Stadtplatz 36 4840 Voecklabruck Austria Tel: 07672/29360 Fax: 07672/29360-13 E-mail: anwaelte@vb-lex.at Creditors and other interested parties are encouraged to attend the creditors' meeting at 1:40 p.m. on Nov. 8 for the examination of claims. The meeting of creditors will be held at: The Land Court of Wels Hall 101 First Floor Maria Theresia Strasse 12 Wels Austria Headquartered in Laakirchen, Austria, the Debtor declared bankruptcy on Sept. 20 (Bankr. Case No. 20 S 118/07i). NIGHT-ST LLC: Steyr Court Orders Business Shutdown -------------------------------------------------- The Land Court of Steyr entered Sept. 20 an order shutting down the business of LLC Night-ST (FN 236419a). Court-appointed estate administrator Gerwald Schmidberger recommended the business shutdown after determining that the continuing operations would reduce the value of the estate. The estate administrator can be reached at: Dr. Gerwald Schmidberger c/o Dr. Heinz Kassmannhuber Stelzhamerstrasse 11 4400 Steyr Austria Tel: 07252/50300 E-mail: office@sks-law.at Headquartered in Steyr, Austria, the Debtor declared bankruptcy on Sept. 11 (Bankr. Case No 14 S 34/07h). Heinz Kassmannhuber represents Dr. Schmidberger in the bankruptcy proceedings. QUELLEN MALER: Vienna Court Orders Business Shutdown ---------------------------------------------------- The Trade Court of Vienna entered Sept. 19 an order shutting down the business of LLC Quellen Maler und Anstreicher (FN 282667m). Court-appointed estate administrator Markus Siebinger recommended the business shutdown after determining that the continuing operations would reduce the value of the estate. The estate administrator can be reached at: Mag. Markus Siebinger c/o Dr. Karl Schirl Krugerstrasse 17/3 1010 Vienna Austria Tel: 513 22 31 Fax: 513 22 31 1 E-mail: markus.siebinger@der-rechtsanwalt.at dr.karl.schirl@der-rechtsanwalt.at Headquartered in Vienna, Austria, the Debtor declared bankruptcy on Sept. 3 (Bankr. Case No 6 S 109/07g). Karl Schirl represents Mag. Siebinger in the bankruptcy proceedings. RITSCHI BITSCH: Claims Registration Period Ends Nov. 1 ------------------------------------------------------ Creditors owed money by KG Ritschi Bitsch Flatz (FN 237694a) have until Nov. 1 to file written proofs of claim to court- appointed estate administrator Anton Weber at: Dr. Anton Weber Rathausstrasse 35a 6900 Bregenz Austria Tel: 05574/43681 Fax: 05574/48312 E-mail: anton.weber@aon.at Creditors and other interested parties are encouraged to attend the creditors' meeting at 9:00 a.m. on Nov. 8 for the examination of claims. The meeting of creditors will be held at: The Land Court of Feldkirch Conference Hall 45 First Floor Feldkirch Austria Headquartered in Bregenz, Austria, the Debtor declared bankruptcy on Sept. 18 (Bankr. Case No. 14 S 37/07i). SOLDO LLC: Vienna Court Orders Business Shutdown ------------------------------------------------ The Trade Court of Vienna entered Sept. 17 an order shutting down the business of LLC Soldo (FN 114069z). Court-appointed estate administrator Stefan Jahns recommended the business shutdown after determining that the continuing operations would reduce the value of the estate. The estate administrator can be reached at: Mag. Stefan Jahns c/o Dr. Matthias Klissenbauer Gonzagagasse 15 1010 Vienna Austria Tel: 532 17 11 Fax: 532 17 11-11 E-mail: kanzlei@jahns.co.at office@klissenbauer.com Headquartered in Vienna, Austria, the Debtor declared bankruptcy on Sept. 7 (Bankr. Case No 6 S 114/07t). Matthias Klissenbauer represents Mag. Jahns in the bankruptcy proceedings. VOSEK LLC: Claims Registration Period Ends Nov. 6 ------------------------------------------------- Creditors owed money by LLC VOSEK (FN 254021k) have until Nov. 6 to file written proofs of claim to court-appointed estate administrator Michael Ludwig Lang at: Mag. Michael Ludwig Lang Maria-Theresien-Strasse 9/4 1090 Vienna Austria Tel: 319 32 60 Fax: 319 32 60 9 E-mail: office@blb.at Creditors and other interested parties are encouraged to attend the creditors' meeting at 10:00 a.m. on Nov. 20 for the examination of claims. The meeting of creditors will be held at: The Trade Court of Vienna Room 1607 Vienna Austria Headquartered in Vienna, Austria, the Debtor declared bankruptcy on Sept. 20 (Bankr. Case No. 28 S 105/07f). WOLFGANG LACKNER: Claims Registration Period Ends Oct. 31 --------------------------------------------------------- Creditors owed money by KG Wolfgang Lackner & Partner (FN 223820y) (fka KEG Lackner & Partner) have until Oct. 31 to file written proofs of claim to court-appointed estate administrator Candidus Cortolezis at: Dr. Candidus Cortolezis Hauptplatz 14 8010 Graz Austria Tel: 0316/813973 Fax: 0316/8477970 E-mail: office@cortolezis.com Creditors and other interested parties are encouraged to attend the creditors' meeting at 10:30 a.m. on Nov. 8 for the examination of claims. The meeting of creditors will be held at: The Land Court of Graz Room 222 Second Floor Graz Austria Headquartered in Graz - Strassgang, Austria, the Debtor declared bankruptcy on Sept. 14 (Bankr. Case No. 26 S 70/07z). ============= B E L G I U M ============= SOLUTIA INC: Treatment of Claims Under Revised Plan --------------------------------------------------- Under the Consensual Plan filed by Solutia Inc. and its debtor- affiliates with the U.S. Bankruptcy Court for the Southern District of New York on Oct. 15, 2007, all Claims and Equity Interests, except Administrative Expense Claims and Priority Tax Claims, are classified in 20 classes for purposes of voting and future distributions. According to Jeffry N. Quinn, chairman, president and chief executive officer of Solutia, Inc., the proposed recoveries are "projected" recoveries and may change based on certain adjustments in Allowed Claims and available proceeds. The recovery calculations, he explained, are based on these assumptions: (i) a midpoint implied equity value for Reorganized Solutia of approximately US$1,200,000,000; (ii) a General Unsecured Claims pool of US$342,000,000 -- the midpoint of Solutia's estimated range for the ultimate aggregate amount of Allowed General Unsecured Claims; (iii) an exercise price in the Rights Offering at a 33.33% discount to Solutia's Valuation; (iv) full subscription to the Rights Offering by participating parties; (v) full subscription by the Backstop Group to the Backstop Pool; and (vi) that all recoveries are calculated net of the cost to acquire rights. The Classes of Claims are: Estimated Estimated Aggregated Percentage Class Designation Treatment Amount Recovery ----- ----------- --------- --------- --------- 1 Priority Non-Tax Claims Unimpaired; US$2,200,000 100% deemed to accept 2 Secured Claims Unimpaired; 40,000,000 100% to 50,000,000 3 Senior Secured Impaired; 209,900,000 100% Note Claims entitled to vote 4 Convenience Unimpaired; 1,000,000 100% Claims deemed to accept to 2,500,000 5 CPFilms Claims Impaired; 8,400,000 100% entitled to vote 6 NRD Claims Unimpaired; N/A - deemed to accept 7 Insured Claims Unimpaired; N/A - deemed to accept 8 Tort Claims Unimpaired; N/A - deemed to accept 9 Legacy Site Unimpaired; N/A - Claims deemed to accept 10 Equity Unimpaired; N/A N/A Interests in deemed to accept all Debtors other than Solutia 11 Monsanto Claim Impaired; - - entitled to vote 12 Noteholder Impaired; 455,400,000 88.4% Claims entitled to vote 13 General Impaired; 317,000,000 83.1% Unsecured entitled to to Claims vote 367,000,000 14 Retiree Claim Impaired; 35,000,000 69.8% entitled to vote 15 Pharmacia Impaired; N/A N/A Claims entitled to vote 16 Non-Debtor Impaired; 108,000,000 40% Intercompany entitled to vote Claims 17 Debtor Impaired; 2,440,000,000 0% Intercompany entitled to vote Claims 18 Axio Claims Impaired; N/A 0% deemed to reject 19 Security Claims Impaired; Pro Rata Share - entitled to vote 20 Equity Impaired; Interests in entitled to vote 0.01/share - Solutia Pursuant to Section III.B.7 of the Consensual Plan, the NRD Claims will be reinstated and paid in accordance with the terms of the Consensual Plan and the Monsanto Settlement Agreement. Section III.B.8, on the other hand, provides that the Tort Claims will be unaffected by Solutia's Chapter 11 cases and will be resolved in the ordinary course of business. Monsanto is taking financial responsibility for the Legacy Site Claims under the Consensual Plan. Pursuant to the Consensual Plan and the Monsanto Settlement Agreement, Pharmacia will receive a limited indemnity from reorganized Solutia and a limited release from the Debtors, Reorganized Solutia and their estates for claims arising before the Petition Date; Holders of Claims or Equity Interests; and the Retirees Committee. Holders of Security Claims will receive their Pro Rata share of the Distribution provided to Holders of Equity Interests in Class 20. Solely for purposes of tabulating votes to accept or reject the Plan in accordance with Section 1126(d) of the bankruptcy Code, each share of Solutia's common stock will be deemed to be worth US$0.01. Mr. Quinn states that the Plan Distributions will be made only to Holders of Allowed Claims and certain Holders of common stock in Solutia. Holders of disputed claims will receive no distributions unless and until their claims become Allowed. He adds that a condition to the Effective Date is that Solutia establish a "Disputed General Unsecured Claims Reserve." According to Mr. Quinn, the reserve cannot be established and initial distributions to Holders of Allowed General Unsecured Claims and 2027/2037 Notes Claims cannot be made until all relevant unliquidated and disputed claims are estimated or fixed for distribution purposes. There are currently 15 unliquidated claims classified as General Unsecured Claims, excluding claims that Solutia believes are Tort Claims, Legacy Site Claims, Retiree Claims or Claims in other Classes that are not subject to the Disputed General Unsecured Claims Reserve. In addition, Mr. Quinn notes, there are 62 General Unsecured Claims in the asserted amount of US$634,170,000, which Solutia opposes for various reasons. The number excludes claims that Solutia believes are Tort Claims, Legacy Site Claims, Retiree Claims or Claims in other Classes that are not subject to the Disputed General Unsecured Claims Reserve. While it is in the process of attempting to resolve each of these Claims, Solutia projects that if the Effective Date occurs on December 31, 2007, the amount it would need to reserve for the Claims is US$40,460,000, comprised of approximately US$20,000,000 on account of Unliquidated Claims and approximately US$20,000,000 for other disputed General Unsecured Claims. Mr. Quinn says the estimate does not include the additional General Unsecured Claims related to the "Dickerson Plaintiffs" or the Senior Secured Notes, if any. The Dickerson Claim, which was asserted for US$290,000,000, was estimated by Solutia at US$0. The Unimpaired Classes 1, 2, 4, 6, 7, 8, 9, and 10 will be paid in cash, in full, on the Effective Date, will be reinstated or will otherwise not be impaired by the terms of the Amended Plan. Holders of Claims in those Classes are deemed to accept the Amended Plan. Claims in Class 16 will receive a distribution under the Amended Plan, and its holders are deemed to accept the Amended Plan. Claims in Class 17 will not receive a distribution and its holders are deemed to accept the Amended Plan. The Impaired Classes 3, 5, 11, 12, 13, 14, 15, 19, and 20 are entitled to vote on the Amended Plan. Claims in Class 3 will be satisfied, as determined by the Court, on the Effective Date, but are deemed impaired for voting purposes. Class 5 Claims will be paid in cash in full on the Effective Date, but are deemed impaired for voting purposes. Claims in Classes 11, 12, 13, 14, 15, and 19 will receive distribution of shares of New Common Stock or other distributions under the terms of the Amended Plan. Eligible holders of Solutia common stock will receive distributions of shares of New Common Stock, warrants, Equity Purchase Rights or Claim Transfer Rights. About Solutia Inc. Headquartered in St. Louis, Missouri, Solutia Inc. (OTCBB:SOLUQ) -- http://www.solutia.com/-- and its subsidiaries, engage in the manufacture and sale of chemical-based materials, which are used in consumer and industrial applications worldwide. Solutia has operations in Malaysia, China, Singapore, Belgium, and Colombia. Saflex is a registered trademark of Solutia Inc. The company and 15 debtor-affiliates filed for chapter 11 protection on Dec. 17, 2003 (Bankr. S.D.N.Y. Case No. 03-17949). When the Debtors filed for protection from their creditors, they listed US$2,854,000,000 in assets and US$3,223,000,000 in debts. Solutia is represented by Allen E. Grimes, III, Esq., at Dinsmore & Shohl, LLP and Conor D. Reilly, Esq., at Gibson, Dunn & Crutcher, LLP. Trumbull Group LLC is the Debtor's claims and noticing agent. Daniel H. Golden, Esq., Ira S. Dizengoff, Esq., and Russel J. Reid, Esq., at Akin Gump Strauss Hauer & Feld LLP represent the Official Committee of Unsecured Creditors, and Derron S. Slonecker at Houlihan Lokey Howard & Zukin Capital provides the Creditors' Committee with financial advice. On Feb. 14, 2006, the Debtors filed their Reorganization Plan & Disclosure Statement. On May 15, 2007, they filed an Amended Reorganization Plan and on July 9, 2007, filed a 2nd Amended Reorganization Plan. The Disclosure Statement hearing began on July 10, 2007, and is continued to Oct. 19, 2007. (Solutia Bankruptcy News, Issue No. 101; Bankruptcy Creditors' Service, Inc., http://bankrupt.com/newsstand/or 215/945-7000). ============= D E N M A R K ============= EASTMAN KODAK: Paying 25 Cents Per Share Dividend on Dec. 14 ------------------------------------------------------------ Eastman Kodak Company's board of directors has declared a semi-annual cash dividend of 25 cents per share on the outstanding common stock of the company, payable Dec. 14, 2007, to shareholders of record at the close of business on Nov. 1, 2007. Headquartered in Rochester, New York, Eastman Kodak Co. (NYSE: EK)-- http://www.kodak.com/-- develops, manufactures, and markets digital and traditional imaging products, services, and solutions to consumers, businesses, the graphic communications market, the entertainment industry, professionals, healthcare providers, and other customers. The company has operations in Argentina, Chile, Denmark, Greece, Jordan, Yemen, Australia, China, India, among others. As reported in the Troubled Company Reporter-Latin America on Sept. 14, 2007, Standard & Poor's Ratings Services has affirmed its 'B+' corporate credit rating on Eastman Kodak Co. and removed the ratings from CreditWatch, where they had been placed with negative implications on Aug. 2, 2006. The outlook is negative. =========== F R A N C E =========== BOSTON SCIENTIFIC: To Reduce Workforce by 2,300 Worldwide --------------------------------------------------------- Boston Scientific Corporation disclosed Wednesday several new initiatives designed to enhance short- and long-term shareholder value, including the restructuring or sale of several business units, as well as substantial expense and head count reductions intended to bring expenses in line with revenues. The company also said it is making good progress toward the execution of its previously announced plans to sell non- strategic assets and monetize the majority of its public and private investment portfolio. The company said these initiatives will help provide better focus on core businesses and priorities, which will strengthen Boston Scientific for the future and lead to increased, sustainable and profitable sales growth. The company plans to reduce its operating expenses, exclusive of amortization and royalty expenses, against a 2007 baseline of around US$4.1 billion by an estimated US$475 million to US$525 million in 2008, representing a reduction of 12 to 13 percent, with a further reduction of an estimated US$25 million to US$50 million in 2009. The company plans to eliminate around 2,300 positions worldwide, or around 13% of an 18,000-person, non-direct labor workforce baseline as of June 30, 2007. Eligible employees affected by the head count reductions will be offered severance packages, outplacement services and other appropriate assistance and support. The reduction activities will be initiated this month and are expected to be substantially completed worldwide by the end of 2008. Reductions outside the United States will be initiated following completion of information sharing and consultations with required bodies. In addition, another around 2,000 employees are expected to leave the company in connection with the previously announced business divestitures. The reductions will result in total pre-tax charges of around US$450 million to US$475 million. These mostly cash charges will be recorded primarily as restructuring expenses, with a portion recorded through other lines of the income statement. Around US$275 million to US$300 million will be recorded in the fourth quarter of 2007 with the remainder expected to be recorded throughout 2008 and 2009. The company plans to restructure several businesses and product franchises in order to leverage resources, strengthen competitive positions, and create a more simplified and efficient business model. Key components of the business restructuring plan include: -- the Peripheral Interventions and Interventional Cardiology businesses will be combined under a single management structure to help create a more integrated business focused on interventional specialists, while enhancing technology and management efficiencies. -- the Electrophysiology business will be integrated with the Cardiac Rhythm Management business to better serve the needs of electrophysiologists by creating a more efficient organization. -- the Oncology business and its four franchises will be restructured. Three will be integrated into other businesses within Boston Scientific, and the Oncology Venous Access franchise will be combined with the Fluid Management business. -- the company is actively seeking buyers for the combined Fluid Management/Oncology Venous Access business, as well as its Cardiac Surgery and Vascular Surgery businesses. The company has announced it has entered into a definitive agreement to sell its Auditory business. Collectively, these businesses represent around US$550 million in 2007 sales for Boston Scientific. -- the International group will be consolidated from three regions to two. The existing three regions are: Europe, Asia Pacific/Japan, and Inter-Continental; the two new regions will be: Europe/Middle East/Africa, and Canada/Latin America/Asia Pacific/Japan. "The expense and head count reductions we are announcing today are intended to bring our expenses back in line with our revenues, while preserving our ability to make investments in quality, R&D, capital and our people that are essential to our long-term success," said Jim Tobin, Boston Scientific president and chief executive officer. "While difficult, these reductions are in the best interest of the company and will create greater value for our customers and their patients, as well as for our employees and shareholders. These actions will enable us to institute meaningful change that will create lasting benefits." "We understand the impact these reductions will have on our employees, and we are committed to helping ease the transition," said Tobin. "We will treat everyone with respect and dignity, and we will provide support to affected employees." About Boston Scientific Headquartered in Natick, Massachusetts, Boston Scientific Corporation (NYSE: BSX) -- http://www.bostonscientific.com/-- develops, manufactures and markets medical devices used in a broad range of interventional medical specialties. The company has offices in Argentina, Chile, France, Germany, and Japan, among others. * * * As reported in the Troubled Company Reporter on Aug. 28, 2007, Standard & Poor's Ratings Services said that its ratings on Boston Scientific Corp., including the 'BB+' corporate credit rating, remain on CreditWatch with negative implications, where they were placed Aug. 3, 2007. GOODYEAR TIRE: Conversion Period for Sr. Notes Ends Dec. 31 ----------------------------------------------------------- The Goodyear Tire & Rubber Company's 4% Convertible Senior Notes due June 15, 2034, are now convertible at the option of the holders and will remain convertible through Dec. 31, 2007, the last business day of the current fiscal quarter. The notes became convertible because the last reported sale price of the company's common stock for at least 20 trading days during the 30 consecutive trading-day period ending on Oct. 15, 2007 (the 11th trading day of the current fiscal quarter), was greater than 120% of the conversion price in effect on such day. The notes have been convertible in previous fiscal quarters. The company will deliver shares of its common stock or pay cash upon conversion of any notes surrendered on or prior to Dec. 31, 2007. If shares are delivered, cash will be paid in lieu of fractional shares only. Issued in June 2004, the notes are currently convertible at a rate of 83.0703 shares of common stock per US$1,000 principal amount of notes, which is equal to a conversion price of US$12.04 per share. There is around US$350 million in aggregate principal amount of notes outstanding. If all outstanding notes are surrendered for conversion, the aggregate number of shares of common stock issued would be around 29 million. The notes could be convertible after Dec. 31, 2007, if the sale price condition is met in any future fiscal quarter or if any of the other conditions to conversion set forth in the indenture governing the notes are met. About Goodyear Headquartered in Akron, Ohio, The Goodyear Tire & Rubber Company (NYSE: GT) -- http://www.goodyear.com/-- is the world's largest tire company. The company manufactures tires, engineered rubber products and chemicals in more than 90 facilities in 28 countries. Goodyear Tire has marketing operations in almost every country around the world including Kingdom. Goodyear's operations are located in Argentina, Austria, Chile, Colombia, France, Italy, Guatemala, Jamaica, Peru, Russia, among others. Goodyear employs more than 80,000 people worldwide. * * * As reported in the Troubled Company Reporter on June 4, 2007, Standard & Poor's Ratings Services raised its ratings on Goodyear Tire & Rubber Co., including its corporate credit rating to 'BB-' from 'B+'. In addition, the ratings were removed from CreditWatch where they were placed with positive implications on May 10, 2007. Recovery ratings were not on CreditWatch. XEROX CORP: Bags US$82-Million Contract with EUROPART ----------------------------------------------------- Xerox Corporation won a seven-year, US$82 million document management contract with EUROPART, Europe's leading commercial vehicle parts distributor. Xerox Global Services will manage the German company's office and production print services, invoice processing and customer service centers. Xerox began the relationship by conducting a thorough assessment of the company's document-intensive work processes. The study found that, in Germany alone, EUROPART employees print and process more than 8 million pages a year from more than 600 printers, scanners and fax machines made and serviced by several manufacturers. Xerox will reduce the total number of devices by nearly two-thirds to 232 networked multifunction systems, boosting productivity and efficiency. Ongoing service and maintenance contracts will be consolidated to reduce costs. In addition, Xerox Global Services will manage EUROPART's customer service center, which receives more than 72,000 incoming calls from 20 different countries each year. By outsourcing this service, previously managed entirely at its German location, EUROPART will offer more personalized and regionalized customer communication in 17 languages. "Our work with EUROPART is a sterling example of how Xerox can tackle enterprise-wide challenges and transform business processes," said Stephen Cronin, president, Xerox Global Services. "We look at how our customers do business, and then find ways to help them work smarter, not harder. Our work with EUROPART supports this strategy." About EUROPART EUROPART is Europe's leading commercial vehicle parts distributor with sales of EUR281 million. The company employs more than 1,300 at its headquarters in Hagen, Germany, and further locations in Germany and abroad. With nearly 90 sales outlets in more than 20 countries, EUROPART customers consist of more than 80,000 workshops, haulage contractors, and local authorities. About Xerox Corp. Headquartered in Stamford, Connecticut, Xerox Corp. -- http://www.xerox.com/-- develops, manufactures, markets, services and finances a range of document equipment, software, solutions and services. Xerox operates in over 160 countries worldwide and distributes products in the Western Hemisphere through divisions, wholly owned subsidiaries and third-party distributors. The company maintains operations in France, Japan, Italy, Nicaragua, among others. * * * As reported in the Troubled Company Reporter on May 23, 2007, Standard & Poor's Ratings Services revised its rating outlook on Stamford, Connecticut-based Xerox Corp. to positive from stable. Ratings on the company, including the 'BB+' long-term and 'B-1' short-term corporate credit ratings, were affirmed. ============= G E R M A N Y ============= ACM TOURISMUS: Claims Registration Ends November 6 -------------------------------------------------- Creditors of ACM Tourismus GmbH have until Nov. 6 to register their claims with court-appointed insolvency manager Thomas Heilmann. Creditors and other interested parties are encouraged to attend the meeting at 9:15 a.m. on Dec. 11, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Chemnitz Hall 27 Fuerstenstrasse 21-23 09130 Chemnitz Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Thomas Heilmann Barbarossastrasse 2 09112 Chemnitz Germany Tel:(0371) 4330044 Fax:(0371) 4330049 Web site: http://www.Heilmann.LI/ The District Court of Chemnitz opened bankruptcy proceedings against ACM Tourismus GmbH on Oct. 2. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: ACM Tourismus GmbH Attn: J.F. Alfonsus Cedee, Francisca A. Cedee, Managers Ludwig-Wuerkert-Strasse 1 09405 Zschopau Germany BERO WARMEVERSORGUNG: Claims Registration Ends November 6 --------------------------------------------------------- Creditors of Bero Warmeversorgung GmbH have until Nov. 6 to register their claims with court-appointed insolvency manager Herbert Feigl. Creditors and other interested parties are encouraged to attend the meeting at 9:45 a.m. on Dec. 4, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Halle-Saalkreis Hall 1.043 Judicial Center Thueringer Str. 16 06112 Halle Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Herbert Feigl Hansering 1, D 06108 Halle Germany Tel: 0345/212220 Fax: 0345/2122222 The District Court of Halle-Saalkreis opened bankruptcy proceedings against Bero Warmeversorgung GmbH on Oct. 2. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Bero Warmeversorgung GmbH Attn: Benno Wrycz, Manager Langen Feld 39 06130 Halle Germany CHRYSLER LLC: Negotiator Urges UAW Leaders to Reject New Pact ------------------------------------------------------------- Bill Parker, Chair of the 2007 UAW Chrysler National Negotiating Committee, who voted against the new tentative labor agreement between Chrysler LLC and the United Auto Workers union, released a minority report to the members of the UAW Chrysler Council, urging the Council to reject Chrysler�s offer and let the Committee return to the bargaining table. As reported in the Troubled Company Reporter on Oct. 16, 2007, the UAW Chrysler Council, which includes local union leaders from Chrysler LLC facilities throughout the U.S., voted overwhelmingly to recommend ratification of the tentative agreement reached on Oct. 10, 2007. Mr. Parker, however, disclosed that the National Negotiating Committee had a split vote on the contract. GM-UAW Agreement He enumerates his concerns with the General Motors Corp. Agreement: a) The establishment of a two-tier wage and benefit package for the �entry level� employees. Two tiers of workers create divisions within the union, pressure to reduce the top tier in the direction of the second tier and efforts to drive the second tier even lower. b) The division of our facilities into core and non-core jobs. Many of the best jobs in the plants � currently held by high seniority employees -- will be filled in the future with entry level employees. c) The elimination of all janitors throughout the company. d) The eliminationof any general wage increase throughout the life of the agreement, along with cost of living allowance diversions to a degree never seen before. In the worst years of the 1980s, workers always had at least one 3% raise. The COLA diversions projected in the contract will far exceed the sum of all previous COLA diversions combined. e) A two-year limitation on receiving job bank funds if an open job exists anywhere in the company. After that, a worker could be forced to move anywhere in the country to the open job, wherever it is. f) The failure to provide any sort of equality of sacrifice or to provide for a catch-up if the company turns around in the future. Chrysler-UAW Agreement Aside from the above concerns, Mr. Parker outlines additional areas of concern: a) No Commitment Beyond Current Production Virtually no Chrysler plant received commitment beyond the scope of their new product, unlike the GM contract which committed to product past the current lifecycle being built today. When GM locals seek to negotiate local agreements, they won't be confronted with the threat of no new product, because it is locked into their national agreement. Unbelievably, the Chrysler agreement does not give workers the same protection. The GM agreement brought back to the U.S. several products slated for outsourcing. Yet, the Chrysler contract failed at that. Several of the next products will be built in Mexico, Canada or China. b) Four Facilities To Be 100% Entry Level The establishment of permanent two-tier relations will be a threat to the unity and solidarity within the union. But unlike GM, Chrysler has facilities that are 100% entry level once traditional employees leave. Those entry level employees won't have any place to move up for they will have signed for entry level wages for life. Under the tentative agreement, Toledo Machining, Marysville Axle, Chrysler Transport, and all Mopar facilities are those facilities. c) Reduced Seniority Opprotunities Classifications are being totally eliminated from production jobs on Smart teams. In exchange for a few pennies per hour, members are giving up any classification variation for team members. d) No Roll-Over of Temporaries The GM agreement rolled over 3,000 temporary employees to permanent, full-time, traditional status. At Chrysler, none were rolled-over. e) Added Costs for Retirees Pattern for Chrysler in 2007 also means accepting the 2005 concessions made at GM and Ford Motor Co., meaning the dollar an hour active workers held on to will be eaten away by future COLA diversions (after the first ten cents is snatched each quarter). In 2005 and 2006, this Council insisted that it wanted no health care costs passed on to retirees. f) Skilled Trades Issues The trades avoided many of the issues facing production; however, retiree pensions and benefits for new hires will be different than for traditional employees. The effort to reduce the number of trades will continue through annual packages -- something not offered to production workers. New, under this contract, is that skilled trades employees on layoff or in the job bank can be called to take open jobs in production, though they will kept their skilled wages. Although, separate trades are protected under the �trades consolidation� language, the door is now open for management to expect one trade to do the work of other trades. About Chrysler LLC Headquartered in Auburn Hills, Michigan, Chrysler LLC -- http://www.chrysler.com/-- offers cars and minivans, pick-up trucks, sport utility vehicles, and vans under the Chrysler, Jeep, and Dodge brand names. It also sells parts and accessories under the MOPAR brand. The company has dealers worldwide, including Canada, Mexico, U.S., Germany, France, U.K., Argentina, Brazil, Venezuela, China, Japan and Australia. * * * On Oct. 1, 2007, Standard & Poor's Ratings Services placed its corporate credit ratings on Chrysler LLC and DaimlerChrysler Financial Services Americas LLC on CreditWatch with positive implications. As reported in the Troubled Company Reporter on Aug. 8, 2007, Standard & Poor's Ratings Services revised its loan and recovery ratings on Chrysler LLC (B/Negative/--), including a 'BB-' rating to the $5 billion "first-out" first-lien term loan tranche. This rating, two notches above the corporate credit rating of 'B' on Chrysler LLC, and the '1' recovery rating indicate S&P's expectation for very high recovery in the event of payment default. S&P also assigned a 'B' rating to the $5 billion "second-out" first-lien term loan tranche. This rating, the same as the corporate credit rating, and the '3' recovery rating indicate S&P's expectation for a meaningful recovery in the event of payment default. Moody's Investors Service has affirmed Chrysler Automotive LLC's B3 Corporate Family Rating, and the Caa1 rating of the company's $2 billion senior secured, second lien term loan in connection with Monday's closing of DaimlerChrysler AG's sale of a majority interest of Chrysler Group to Cerberus Capital Management LLC. CLEAN IN THE CITY: Claims Registration Ends Nov. 5 -------------------------------------------------- Creditors of Clean in the City GmbH have until Nov. 5 to register their claims with court-appointed insolvency manager Ulrich Bastian. Creditors and other interested parties are encouraged to attend the meeting at 9:10 a.m. on Nov. 26, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Munich Meeting Hall 102 Infanteriestr. 5 80097 Munich Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Ulrich Bastian Sendlinger Str. 46 80331 Munich Germany Tel: 089/2603966 Fax: 089/2609204 The District Court of Munich opened bankruptcy proceedings against Clean in the City GmbH on Sept. 26. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Clean in the City GmbH Leopoldstr. 244 80807 Munich Germany EURO-TRANS TRANSPORTE: Creditors Must File Claims by November 9 --------------------------------------------------------------- Creditors of Euro-Trans Transporte und Speditions GmbH have until Nov. 9 to register their claims with court-appointed insolvency manager Fabio Algari. Creditors and other interested parties are encouraged to attend the meeting at 10:30 a.m. on Nov. 27, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Hanau Area E03 Engelhardstrasse 21 63450 Hanau Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Fabio Algari Oppenheimer Landstrasse 3 60594 Frankfurt Germany Tel: 069 6109160 Fax: 069 61091616 The District Court of Hanau opened bankruptcy proceedings against Euro-Trans Transporte und Speditions GmbH on Oct. 1. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Euro-Trans Transporte und Speditions GmbH Alter Auheimer Weg 14 63450 Hanau Germany FLOWMEDICAL GMBH: Claims Registration Ends Nov. 2 ------------------------------------------------- Creditors of Flowmedical GmbH & Co. KG have until Nov. 2 to register their claims with court-appointed insolvency manager Ulrich Rosenkranz. Creditors and other interested parties are encouraged to attend the meeting at 9:45 a.m. on Nov. 26, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Schwerin Hall 7 Demmlerplatz 14 19053 Schwerin Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Ulrich Rosenkranz Osdorfer Landstr. 230 22549 Hamburg Germany The District Court of Schwerin opened bankruptcy proceedings against Flowmedical GmbH & Co. KG on Oct. 4. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Flowmedical GmbH & Co. KG Holmer Berg 4 23942 Dassow Germany FUN TRADE: Claims Registration Ends Nov. 5 ------------------------------------------ Creditors of Fun Trade Produktions GmbH have until Nov. 5 to register their claims with court-appointed insolvency manager Dr. Hubert Ampferl. Creditors and other interested parties are encouraged to attend the meeting at 9:00 a.m. on Dec. 19, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Nuremberg Meeting Hall 152/I Flaschenhofstr. 35 Nuremberg Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Dr. Hubert Ampferl Stahlstrasse 17 90411 Nuremberg Germany Tel.: 0911/951285-0 Fax: 0911/951285-10 The District Court of Nuremberg opened bankruptcy proceedings against Fun Trade Produktions GmbH on Oct. 4. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Fun Trade Produktions GmbH Attn: Claus-Juergen Maier, Manager Roethensteig 5 90408 Nuremberg Germany INGENIEUR CONSULT: Claims Registration Period Ends Jan. 2 --------------------------------------------------------- Creditors of IC Ingenieur Consult Technische Gesamtplanung GmbH have until Jan. 2, 2008, to register their claims with court- appointed insolvency manager Holger Lessing. Creditors and other interested parties are encouraged to attend the meeting at 9:10 a.m. on Feb. 13, 2008, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Frankfurt (Main) Hall 2 Building F Klingerstrasse 20 60313 Frankfurt (Main) Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Dr. Holger Lessing Hanauer Landstrasse 287-289 60314 Frankfurt (Main) Germany Tel: 069/15051300 Fax: 069/15051400 The District Court of Frankfurt (Main) opened bankruptcy proceedings against IC Ingenieur Consult Technische Gesamtplanung GmbH on Oct. 1. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: IC Ingenieur Consult Technische Gesamtplanung GmbH Homburger Landstr. 412 60433 Frankfurt (Main) Germany MEDIATRADE SYSTEMS: Creditors Must File Claims by November 9 ------------------------------------------------------------ Creditors of Mediatrade Systems GmbH have until Nov. 9 to register their claims with court-appointed insolvency manager Manfred Gottschalk. Creditors and other interested parties are encouraged to attend the meeting at 9:00 a.m. on Dec. 14, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Arnsberg Meeting Hall 328 Eichholzstr. 4 59821 Arnsberg Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Manfred Gottschalk Kirchender Dorfweg 14 58313 Herdecke Germany The District Court of Arnsberg opened bankruptcy proceedings against Mediatrade Systems GmbH on Sept. 28. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Mediatrade Systems GmbH Langenwiedenweg 92 59457 Werl Germany MTR HAUSKONZEPTE: Creditors Must File Claims by November 9 ---------------------------------------------------------- Creditors of MTR Hauskonzepte GmbH have until Nov. 9 to register their claims with court-appointed insolvency manager Klaus Pannen. Creditors and other interested parties are encouraged to attend the meeting at 2:00 p.m. on Dec. 13, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Itzehoe Hall 2 Theodor-Heuss-Platz 3 25524 Itzehoe Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Klaus Pannen Jungfernstieg 51 20354 Hamburg Germany The District Court of Itzehoe opened bankruptcy proceedings against MTR Hauskonzepte GmbH on Oct. 4. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: MTR Hauskonzepte GmbH Attn: Peter Kurtzke, Manager Doernbek 12 24616 Brokstedt Germany OV TREUHAND: Claims Registration Ends Nov. 1 -------------------------------------------- Creditors of OV Treuhand GmbH have until Nov. 1 to register their claims with court-appointed insolvency manager Helmut Gattermann. Creditors and other interested parties are encouraged to attend the meeting at 2:25 p.m. on Nov. 20, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Husum Saal 4 Theodor-Storm-Strasse 55 Husum Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Helmut Gattermann Lehmweg 17 20251 Hamburg Germany The District Court of Husum opened bankruptcy proceedings against OV Treuhand GmbH on Oct. 2. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: OV Treuhand GmbH Diekstraat 13 25870 Norderfriedrichskoog Germany PANO WASCH: Claims Registration Period Ends Oct. 31 --------------------------------------------------- Creditors of PANO Wasch- und Reinigungsbetriebe Bendzko & Eggers GmbH have until Oct. 31 to register their claims with court- appointed insolvency manager Gideon Boehm. Creditors and other interested parties are encouraged to attend the meeting at 10:25 a.m. on Dec. 12, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Pinneberg Hall 3 First Floor Bahnhofstrasse 17 25421 Pinneberg Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Dr. Gideon Boehm Bachstrasse 85 a 22083 Hamburg Germany The District Court of Pinneberg opened bankruptcy proceedings against PANO Wasch- und Reinigungsbetriebe Bendzko & Eggers GmbH on Oct. 1. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: PANO Wasch- und Reinigungsbetriebe Bendzko & Eggers GmbH Attn: Philipp Eggers, Manager ABC-Str. 5 a 22880 Wedel Germany PBMG MBH: Claims Registration Ends November 6 --------------------------------------------- Creditors of pbmg mbH have until Nov. 6 to register their claims with court-appointed insolvency manager Dr. Rudolf Dobmeier. Creditors and other interested parties are encouraged to attend the meeting at 9:30 a.m. on Dec. 18, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Weiden i.d.OPf. Hall 219/II Justice Building Ledererstrasse 9 92637 Weiden Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Dr. Rudolf Dobmeier Dr. Gessler Str. 20 93051 Regensburg Germany Tel: 0941/230391-0 Fax: 0941/230391-20 The District Court of Weiden i.d.OPf. opened bankruptcy proceedings against pbmg mbH on Oct. 4. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: pbmg mbH Brunnenstrasse 12 92709 Moosbach Germany Attn: Rappl Johann, Manager Raiffeisenstrasse 21 92709 Moosbach Germany R & R BAU: Claims Registration Ends November 5 ---------------------------------------------- Creditors of R & R Bau GmbH have until Nov. 5 to register their claims with court-appointed insolvency manager Helgi Heumann. Creditors and other interested parties are encouraged to attend the meeting at 9:00 a.m. on Dec. 18, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Dresden Hall D132 Olbrichtplatz 1 01099 Dresden Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Helgi Heumann Koenigsbruecker Str. 31/33 01099 Dresden Germany Web site: http://www.raheumann.de/ The District Court of Dresden opened bankruptcy proceedings against R & R Bau GmbH on Oct. 1. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: R & R Bau GmbH Attn: Hartmut Ringel and Uwe Rauschenbach, Managers Dreilindenstr. 1 01662 Meissen Germany SEAFOOD-HOUSE GMBH: Claims Registration Period Ends Nov. 1 ---------------------------------------------------------- Creditors of Seafood-House GmbH have until Nov. 1 to register their claims with court-appointed insolvency manager Walter Broehan. Creditors and other interested parties are encouraged to attend the meeting at 10:40 a.m. on Nov. 22, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Luebeck Hall E3 Am Burgfeld 7 23568 Luebeck Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Walter Broehan Muehlenstrasse 56 23552 Luebeck Germany The District Court of Luebeck opened bankruptcy proceedings against Seafood-House GmbH on Sept. 27. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Seafood-House GmbH Attn: Frau Carola Lichtenstein, Manager Aegidienstrasse 1 - 5 23552 Luebeck Germany VAN DE SANDT: Claims Registration Period Ends Nov. 23 ----------------------------------------------------- Creditors of van de Sandt Technologie- und Entwicklungs- GmbH have until Nov. 23 to register their claims with court-appointed insolvency manager Wolfgang Lorisch. Creditors and other interested parties are encouraged to attend the meeting at 9:00 a.m. on Dec. 14, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court Muenster Meeting Hall 119 B Gerichtsstr. 2-6 48149 Muenster Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Wolfgang Lorisch Kurt-Schumacher-Str. 48 45699 Herten Germany Tel: 02366/10820 Fax: +492366108282 The District Court of Muenster opened bankruptcy proceedings against van de Sandt Technologie- und Entwicklungs- GmbH on Oct. 1. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: van de Sandt Technologie- und Entwicklungs- GmbH Arno van de Sandt, Manager Liebauweg 32 46395 Bocholt Germany WEIN- WIESSNER GMBH: Claims Registration Period Ends Oct. 30 ------------------------------------------------------------ Creditors of Wein- Wiessner GmbH have until Oct. 30 to register their claims with court-appointed insolvency manager Mathias Cohrs. Creditors and other interested parties are encouraged to attend the meeting at 9:45 a.m. on Dec. 11, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Reinbek Parkallee 6 21465 Reinbek Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Mathias Cohrs Kreuzweg 2 20099 Hamburg Germany The District Court of Reinbek opened bankruptcy proceedings against Wein- Wiessner GmbH on Oct. 2. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Wein- Wiessner GmbH Attn: Thorsten Wiessner, Manager Humboldstr. 21 21509 Glinde Germany WINKELMEYER VERWALTUNGS: Claims Registration Period Ends Oct. 30 ---------------------------------------------------------------- Creditors of Winkelmeyer Verwaltungs-GmbH have until Oct. 30 to register their claims with court-appointed insolvency manager Andreas Pantlen. Creditors and other interested parties are encouraged to attend the meeting at 1:45 p.m. on Nov. 15, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Siegen Hall 009 Ground Floor Main Building Berliner Str. 21-22 57072 Siegen Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Andreas Pantlen Koenigsallee 90 40212 Duesseldorf Germany Tel: 0211/8606800 Fax: 0211/8606810 The District Court of Siegen opened bankruptcy proceedings against Winkelmeyer Verwaltungs-GmbH on Oct. 1. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Winkelmeyer Verwaltungs-GmbH Attn: Olaf Pott, Manager Gerhart-Hauptmann-Str. 50 57413 Finnentrop Germany WITTE REISE: Claims Registration Period Ends Nov. 2 --------------------------------------------------- Creditors of Witte Reise, Tiefbau und Recycling GmbH have until Nov. 2 to register their claims with court-appointed insolvency manager Heiko Jaap. Creditors and other interested parties are encouraged to attend the meeting at 10:55 a.m. on Nov. 28, at which time the insolvency manager will present his first report on the insolvency proceedings. The meeting of creditors will be held at: The District Court of Stralsund Hall A 421 Fourth Floor House A Frankendamm 17 Stralsund Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Heiko Jaap Steinbeckerstr. 10 17489 Greifswald Germany The District Court of Stralsund opened bankruptcy proceedings against Witte Reise, Tiefbau und Recycling GmbH on Oct. 2. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Witte Reise, Tiefbau und Recycling GmbH Attn: Klaus Witte, Manager Zinnowitzer Str. 17a 17449 Bannemin Germany ============= H U N G A R Y ============= AES CORP: Commences Cash Tender Offer for US$1.24 Bln Sr. Notes --------------------------------------------------------------- The AES Corporation has commenced a cash tender offer for up to US$1.24 billion of its outstanding senior notes in accordance with the terms and conditions described in its Offer to Purchase dated Oct. 16, 2007. The tender offer will expire at 12:00 p.m., on midnight, New York City time, on Nov. 13, 2007, unless extended or earlier terminated. The total consideration payable for each series of Notes will be based on the yield to maturity of a specified U.S. Treasury reference security, plus a fixed spread. The three series of Notes subject to the tender offer, the acceptance priority levels, the applicable U.S. Treasury reference security for the Notes and the applicable fixed spread are enumerated: 1) Title of Security: 8.75% Senior Notes due 2008 CUSIP/ISIN Numbers: 00130HAV7 Aggregate Principal Amount Outstanding: US$201,809,000 Acceptance Priority Level: 1 Maturity Date/Earliest Redemption Date: June 15, 2008(1) Par Amount/Earliest Redemption Price(2)(3): US$1,000.00 Early Tender Premium(3): US$30.00 Reference Security: US$5.125% U.S.T. Note due June 30, 2008(2) Bloomberg Reference Page: PX3 Fixed Spread (basis points): +50 2) Title of Security: 9% 2nd Priority Sr. Sec. Notes due 2015 CUSIP/ISIN Numbers: 00130HBB0, U0080RAG5 Aggregate Principal Amount Outstanding: US$600,000,000 Acceptance Priority Level: 2 Maturity Date/Earliest Redemption Date: May 15, 2008(2) Par Amount/Earliest Redemption Price(2)(3): US$1,045.00 Early Tender Premium(3): US$30.00 Reference Security: US$5.625% U.S.T. Note due May 15, 2008 Bloomberg Reference Page: PX3 Fixed Spread (basis points): +50 3) Title of Security: 8.75% 2nd Priority Sr. Sec. Notes due 2013 CUSIP/ISIN Numbers: 00130HBA2, U0080RAF7 Aggregate Principal Amount Outstanding: US$1,200,000,000 Acceptance Priority Level: 3 Maturity Date/Earliest Redemption Date: May 15, 2008 Par Amount/Earliest Redemption Price(2)(3): US$1,043.75 Early Tender Premium(3): US$30.00 Reference Security: US$5.625% U.S.T. Note due May 15, 2008 Bloomberg Reference Page: PX3 Fixed Spread (basis points): +50 1. The 2008 Notes mature on June 15, 2008 and may be redeemed at any time at a redemption price equal to par plus a "make-whole" premium, if any. 2. May 15, 2008 is the earliest date at which the 2013 Notes and the 2015 Notes may be redeemed at a redemption price equal to a specified percentage of the principal amount. Prior to May 15, 2008, the 2013 Notes and 2015 Notes may be redeemed at any time at a redemption price equal to par plus a "make-whole" premium, if any. 3. Per US$1,000 principal amount of Notes that are accepted for purchase. Holders tendering their Notes on or prior to 5:00 p.m., New York City time, on Oct. 29, 2007, unless extended or earlier terminated, will receive the total consideration, which includes an early tender premium of US$30.00 per US$1,000 principal amount of Notes purchased. Holders that tender their Notes after the Early Tender Time but prior to the Expiration Time will receive the total consideration less the early tender premium. The company will pay the total consideration in respect of the 8.75% Senior Notes due 2008 and the 9.00% Second Priority Senior Secured Notes due 2015 that have been validly tendered and not withdrawn prior to the Early Tender Time and accepted for purchase by the company on Oct. 30, 2007. The company will pay (i) the total consideration for any 8.75% Second Priority Senior Secured Notes due 2013 that were validly tendered and not withdrawn prior to the Early Tender Time and accepted for purchase by AES; and (ii) the Tender Offer Consideration for any Notes that were validly tendered and not withdrawn after the Early Tender Time and prior to the Expiration Time and accepted for purchase by the company on Nov. 14, 2007. In addition, in all cases, holders will receive accrued interest from the last interest payment date for such series of Notes to, but not including, the Early Settlement Date or the Final Settlement Date, as applicable. AES may increase or modify the Tender Cap subject to applicable law, depending on the principal amount of Notes validly tendered and not withdrawn without extending withdrawal rights to Holders. If the aggregate principal amount of Notes validly tendered and not withdrawn at the Expiration Time exceeds the Tender Cap, the company will (subject to the terms and conditions of the offer) limit the Notes it accepts pursuant to the Tender Cap and in accordance with the acceptance priority levels as set forth in the Offer to Purchase. Since the 8.75% Senior Notes due 2008 and the 9.00% Second Priority Senior Secured Notes due 2015 have an acceptance priority level of 1 and 2, respectively, and the aggregate principal amount of the 8.75% Senior Notes due 2008 and the 9.00% Second Priority Senior Secured Notes due 2015 combined is less than the Tender Cap, neither the 8.75% Senior Notes due 2008 nor the 9.00% Second Priority Senior Secured Notes due 2015 will be subject to proration; only the 8.75% Second Priority Senior Secured Notes due 2013 will be subject to proration. Except as set forth in AES's Offer to Purchase or as required by applicable law, Notes tendered prior to 5:00 p.m., New York City time, on Oct. 29, 2007, unless extended by AES in its sole discretion may only be withdrawn in writing before the Withdrawal Deadline, and Notes tendered after the Withdrawal Deadline but prior to the Expiration Time may not be withdrawn. The tender offer is conditioned on the satisfaction of certain conditions. If any of the conditions are not satisfied, AES is not obligated to accept for payment, purchase or pay for, and may delay the acceptance for payment of, any tendered Notes, in each event, subject to applicable laws, and may even terminate the tender offer. Citi is the Dealer Manager for the tender offer. Global Bondholder Services Corporation is acting as the Information Agent and Wells Fargo Bank, National Association is acting as the Depository. The offer is made only by an Offer to Purchase dated Oct. 16, 2007, and the information in this news release is qualified by reference to the Offer to Purchase. Persons with questions regarding the offer should contact the Dealer Manager, toll-free at (800) 558-3745 or collect at (212) 723-6106. Requests for documentation may be directed to the Information Agent, toll-free at (866) 294-2200. About AES Corporation Headquartered in Arlington, Virginia, AES Corporation (NYSE: AES) -- http://www.aes.com/-- is a power company is a holding company that through its subsidiaries, operates a portfolio of electricity generation and distribution businesses in 28 countries on five continents. The company's employs 30,000 people. It operates two types of businesses. The distribution business, which it refers to as Utilities and the generation business, where it sells power to wholesale customers, such as utilities or other intermediaries. In addition to its traditional generation and distribution operations, it is also developing an alternative energy business. During the year ended Dec. 31, 2006, it operated in seven segments, which include Latin America Generation, Latin America Utilities, North America Generation, North America Utilities, Europe & Africa Generation, Europe & Africa Utilities and Asia Generation. AES has been in Eastern Europe for over ten years, since it acquired three power plants in Hungary in 1996. Currently, AES has two distribution companies in Ukraine, which serve 1.2 million customers and generation plants in the Czech Republic and Hungary. AES is also the leading company in biomass conversion in Hungary, generating 37% of the nation's total renewable generation in 2004. * * * As reported in the Troubled Company Reporter on Oct. 12, 2007, Moody's Investors Service affirmed The AES Corporation's Corporate Family Rating at B1 and the senior unsecured rating assigned to its new senior unsecured notes offering at B1 following its upsizing to US$2 billion from US$500 million. Fitch Ratings assigned a 'BB/RR1' rating to AES Corporation's US$2 billion issuance of senior unsecured notes maturing 2015 and 2017. AES' long-term Issuer Default Rating is rated 'B+' by Fitch. Fitch said the rating outlook is stable. AES CORP: May Use Bond Proceeds to Buy 49.99% Brasiliana Stake -------------------------------------------------------------- The AES Corp. said in a statement that it could use up to US$600 million from the placement of senior unsecured notes to fund the acquisition of a 49.99% stake in Brazilian power holding firm Brasiliana. As reported in the Troubled Company Reporter-Latin America on Sept. 12, 2007, Banco Nacional de Desenvolvimento Economico e Social SA, along with The AES Corp., will hire an independent auditor to appraise Brazilian power holding firm Brasiliana's value. Banco Nacional wants to sell its 49.99% stake in Brasiliana, where AES holds 50.01%. BNamericas relates that AES has the first right to purchase the stake. According to BNamericas, AES priced the private placement of senior unsecured notes consisting of US$500-million principal amount of 7.75% senior notes due 2015 and US$1.5-billion principal amount of 8% senior notes due 2017. AES commented to BNamericas, "The company intends to use the net proceeds from the sale of the senior notes primarily to refinance a portion of its recourse debt." BNamericas notes that the placement could help finance AES' investments in these countries: -- Philippines, -- South Africa, and -- Northern Ireland. According to BNamericas, these Brazilian power firms are considering purchasing the stake: -- EDB, -- Cemig, and -- CPFL Energia. About Banco Nacional Banco Nacional de Desenvolvimento Economico e Social is Brazil's national development bank. It provides financing for projects within Brazil and plays a major role in the privatization programs undertaken by the federal government. About AES Corporation Headquartered in Arlington, Virginia, AES Corporation (NYSE: AES) -- http://www.aes.com/-- is a power company is a holding company that through its subsidiaries, operates a portfolio of electricity generation and distribution businesses in 28 countries on five continents. The company's employs 30,000 people. It operates two types of businesses. The distribution business, which it refers to as Utilities and the generation business, where it sells power to wholesale customers, such as utilities or other intermediaries. In addition to its traditional generation and distribution operations, it is also developing an alternative energy business. During the year ended Dec. 31, 2006, it operated in seven segments, which include Latin America Generation, Latin America Utilities, North America Generation, North America Utilities, Europe & Africa Generation, Europe & Africa Utilities and Asia Generation. AES has been in Eastern Europe for over ten years, since it acquired three power plants in Hungary in 1996. Currently, AES has two distribution companies in Ukraine, which serve 1.2 million customers and generation plants in the Czech Republic and Hungary. AES is also the leading company in biomass conversion in Hungary, generating 37% of the nation's total renewable generation in 2004. * * * As reported in the Troubled Company Reporter on Oct. 12, 2007, Moody's Investors Service affirmed The AES Corporation's Corporate Family Rating at B1 and the senior unsecured rating assigned to its new senior unsecured notes offering at B1 following its upsizing to US$2 billion from US$500 million. Fitch Ratings assigned a 'BB/RR1' rating to AES Corporation's US$2 billion issuance of senior unsecured notes maturing 2015 and 2017. AES' long-term Issuer Default Rating is rated 'B+' by Fitch. Fitch said the rating outlook is stable. ============= I R E L A N D ============= RITCHIE IRELAND: Exclusive Plan Filing Period Moved to Jan. 16 -------------------------------------------------------------- The United States Bankruptcy Court for the Southern District of New York further extended Ritchie Risk-Linked Strategies Trading (Ireland) Ltd. and Ritchie Risk-Linked Strategies Trading (Ireland) II, Ltd.'s exclusive periods to: -- file a plan until Jan. 16, 2008; and -- solicit acceptances of that plan until March 17, 2008. As reported in the Troubled Company Reporter on Oct. 8, 2007, the Debtors' exclusive period to file a plan expired today, Oct. 18, 2007. The Debtors reminded the Court that their bankruptcy cases commenced only three months ago, and since that time, they have implemented first day relief, each secured post-petition financing, and have commenced a process for the sale of a pool of life settlement policies, which constitutes all or substantially all of their assets. According to the Debtors, an extension of their exclusive periods is both necessary and appropriate to permit them to consummate the next stage in the administration of their cases. "[T]he Debtors have done much in these cases in a relatively short period of time. . . . [n]evertheless, given the complexity of these cases, much work remains to be done, including completion of the sale of [the Debtors' insurance] [p]olicies, before [they] can propose a viable plan," Lewis S. Rosenbloom, Esq., at Dewey & LeBoeuf LLP says. Based in Dublin, Ireland, Ritchie Risk-Linked Strategies Trading (Ireland) Ltd. and Ritchie Risk-Linked Strategies Trading (Ireland) II Ltd. -- http://www.ritchiecapital.com/-- are Dublin-based funds of hedge fund group Ritchie Capital Management LLC. The Debtors were formed as special purpose vehicles to invest in life insurance policies in the life settlement market. The Debtors filed for Chapter 11 protection on June 20, 2007 (Bankr. S.D.N.Y. Case Nos. 07-11906 and 07- 11907). Allison H. Weiss, Esq., David D. Cleary, Esq., and Lewis S. Rosenbloom, Esq., at LeBoeuf, Lamb, Greene & MacRae, LLP represent the Debtors in their restructuring efforts. No Official Committee of Unsecured Creditors has been appointed to date. When the Debtors filed for bankruptcy, they listed estimated assets and debts of more than US$100 million. ========= I T A L Y ========= PARMALAT SPA: Settles Case Against Banca Ifis for EUR2 Million -------------------------------------------------------------- Parmalat S.p.A communicates that a settlement has been reached with Banca Ifis S.p.A. whereby all current and potential claims by the parties originating from dealings that took place in the period prior to Parmalat's being placed into Extraordinary Administration, have been amicably resolved. Parmalat communicates, accordingly, that its revocatory action against Banca Ifis has been settled with restitution by Banca Ifis of an amount of EUR2 million and its agreement not to file the unsecured claim arising from the returned payment in the list of Parmalat's creditors. About Parmalat Headquartered in Milan, Italy, Parmalat S.p.A. -- http://www.parmalat.net/-- sells nameplate milk products that can be stored at room temperature for months. It also has about 40 brand product lines, which include yogurt, cheese, butter, cakes and cookies, breads, pizza, snack foods and vegetable sauces, soups and juices. The Company's U.S. operations filed for chapter 11 protection on Feb. 24, 2004 (Bankr. S.D.N.Y. Case No. 04-11139). Gary Holtzer, Esq., and Marcia L. Goldstein, Esq., at Weil Gotshal & Manges LLP, represent the Debtors. When the U.S. Debtors filed for bankruptcy protection, they reported more than US$200 million in assets and debts. The U.S. Debtors emerged from bankruptcy on April 13, 2005. Parmalat S.p.A. and its Italian affiliates filed separate petitions for Extraordinary Administration before the Italian Ministry of Productive Activities and the Civil and Criminal District Court of the City of Parma, Italy on Dec. 24, 2003. Dr. Enrico Bondi was appointed Extraordinary Commissioner in each of the cases. The Parma Court has declared the units insolvent. On June 22, 2004, Dr. Bondi filed a Sec. 304 Petition, Case No. 04-14268, in the United States Bankruptcy Court for the Southern District of New York. Parmalat has three financing arms: Dairy Holdings Ltd., Parmalat Capital Finance Ltd., and Food Holdings Ltd. Dairy Holdings and Food Holdings are Cayman Island special-purpose vehicles established by Parmalat S.p.A. The Finance Companies are under separate winding up petitions before the Grand Court of the Cayman Islands. Gordon I. MacRae and James Cleaver of Kroll (Cayman) Ltd. serve as Joint Provisional Liquidators in the cases. On Jan. 20, 2004, the Liquidators filed Sec. 304 petition, Case No. 04-10362, in the United States Bankruptcy Court for the Southern District of New York. In May 2006, the Cayman Island Court appointed Messrs. MacRae and Cleaver as Joint Official Liquidators. Gregory M. Petrick, Esq., at Cadwalader, Wickersham & Taft LLP, and Richard I. Janvey, Esq., at Janvey, Gordon, Herlands Randolph, represent the Finance Companies in the Sec. 304 case. The Honorable Robert D. Drain presides over the Parmalat Debtors' U.S. cases. =================== K A Z A K H S T A N =================== AKSURAN-2002 LLP: Proof of Claim Deadline Slated for Nov. 21 ------------------------------------------------------------ The Specialized Inter-Regional Economic Court of North Kazakhstan has declared LLP Aksuran-2002 insolvent on Sept. 4. Creditors have until Nov. 21 to submit written proofs of claims to: Department of Agriculture Konstitutsiya Kazakhstana Str. 38 Petropavlovsk North Kazakhstan Kazakhstan DERIBSAL LLP: Creditors Must File Claims Nov. 21 ------------------------------------------------ The Specialized Inter-Regional Economic Court of North Kazakhstan has declared LLP Deribsal insolvent on Sept. 4. Creditors have until Nov. 21 to submit written proofs of claims to: Department of Agriculture Konstitutsiya Kazakhstana Str. 38 Petropavlovsk North Kazakhstan Kazakhstan ENERGOTRUST LLP: Claims Filing Period Ends Nov. 23 -------------------------------------------------- The Specialized Inter-Regional Economic Court of Pavlodar has declared LLP Firm Energotrust insolvent. Creditors have until Nov. 23 to submit written proofs of claims to: The Specialized Inter-Regional Economic Court of Pavlodar Pobeda ave. 5 Pavlodar Kazakhstan Tel: 8 (3182) 32-38-46 EQUIPMENT GROUP: Creditors' Claims Due on Nov. 23 ------------------------------------------------- LLP Equipment Group (RNN 600800508222} has declared insolvency. Creditors have until Nov. 23 to submit written proofs of claims to: LLP Equipment Group (RNN 600800508222} Kotelnikov Str. 50 Turksibsky District Almaty Kazakhstan GLOBAL-A LLP: Claims Registration Ends Nov. 20 ---------------------------------------------- The Specialized Inter-Regional Economic Court of South Kazakhstan has declared LLP Global-A insolvent on Sept. 4. Creditors have until Nov. 20 to submit written proofs of claims to: The Specialized Inter-Regional Economic Court of South Kazakhstan Ilyaev Str. 24 Shymkent South Kazakhstan Kazakhstan KAZAKHSKY GUMANITARNY: Creditors Must File Claims Nov. 23 --------------------------------------------------------- Branch of OJSC Kazakhsky Gumanitarny-Uridichesky Universitet in Pavlodar has declared insolvency. Creditors have until Nov. 23 to submit written proofs of claims to: Branch of OJSC Kazakhsky Gumanitarny-Uridichesky Universitet Toraigyrov Str. 58 Pavlodar Kazakhstan MEDITSINSKY CENTRE: Claims Filing Period Ends Nov. 20 ----------------------------------------------------- The Specialized Inter-Regional Economic Court of South Kazakhstan has declared LLP Meditsinsky Centre insolvent on Sept. 4. Creditors have until Nov. 20 to submit written proofs of claims to: The Specialized Inter-Regional Economic Court of South Kazakhstan Il