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

            Tuesday, November 6, 2007, Vol. 8, No. 220

                            Headlines


A U S T R I A

COPER GEBAUDEMANAGEMENT: Claims Registration Period Ends Nov. 20
EDV-ZUBEHOER: Vienna Court Orders Business Shutdown
GRAD BAU: Claims Registration Period Ends Nov. 28
PRUCHA LLC: Claims Registration Period Ends Dec. 4
SOBEX HANDEL: Claims Registration Period Ends Dec. 4

WERRIS HANDEL: Claims Registration Period Ends Nov. 29


B E L G I U M

CHEMTURA CORP: Earns US$2 Million in 2007 Third Quarter
CHIQUITA BRANDS: Shutting Down Fresh Express Greencastle Plant
METHANEX CORP: CEO Bruce Aitken to Buy 35,000 Additional Shares
POPE & TALBOT: PricewaterhouseCoopers Appointed as Monitor
POPE & TALBOT: Seeks Access to US$15 Million Postpetition Loan

TENNECO INC: Commences US$230 Mln Tender Offer for 10-1/4% Notes
TENNECO INC: Fitch Rates New Senior Unsecured Notes at BB-
TENNECO INC: S&P Rates Proposed US$250 Mln Senior Notes at B+


D E N M A R K

BLOCKBUSTER INC: Posts US$35 Mln Net Loss in Qtr. Ended Sept. 30


F I N L A N D

COMVERSE TECH: Hires Lance Miyamoto as Exec. VP for Global HR


F R A N C E

FRESH DEL MONTE: Discloses 12,000,000 Ordinary Shares Offering
FRESH DEL MONTE: S&P Puts 'BB-' Rating Under Positive Watch
PRIDE INT'L: Earns US$401.5 Million for Quarter Ended Sept. 30


G E R M A N Y

BELINAS GMBH: Claims Registration Ends December 10
CHRYSLER LLC: Eyes Product & Plant Changes in North America
CHRYSLER LLC: Overall October 2007 U.S. Sales Down 9%
DACHDECKERFACHBETRIEB JENS: Claims Registration Ends December 11
DIE MOEBEL-TENNE: Claims Registration Ends December 10

ECOVATEC GMBH: Claims Registration Period Ends Dec. 5
FOOD & ROOM: Claims Registration Period Ends Nov. 30
IDEENKUECHE HANDELS: Claims Registration Period Ends Nov. 19
IMLINE GESELLSCHAFT: Claims Registration Period Ends Nov. 21
JOHS BAU: Claims Registration Ends December 10

KLEINERT BAU: Claims Registration Period Ends Nov. 29
MBOXX GMBH: Claims Registration Ends December 13
MICHAEL SAUPE: Claims Registration Ends December 12
NETVITAL MANAGEMENT: Claims Registration Period Ends Nov. 20
ORTHOPADIE-TECHNIK KNOP: Claims Registration Ends December 3

SPECTRUM BRANDS: Completes Sale of Canadian Home & Garden Unit
TECHNISCHER ABBRUCH: Creditors' Meeting Slated for November 30
TELECENTA GMBH: Claims Registration Period Ends Nov. 20
TERRA DOM: Claims Registration Period Ends Dec. 3


H U N G A R Y

ARVINMERITOR INC: Appoints Art Waldowski as VP of Purchasing


I T A L Y

ALITALIA SPA: Sept. 30 Group Net Climb to EUR1.17 Billion


K A Z A K H S T A N

AKTOBE WIDE: Creditors Must File Claims by December 11
ALLIANCE STROY: Proof of Claim Deadline Slated for December 7
BAIKAL ENERGOMARKET: Claims Filing Period Ends December 11
ENGINEERING PROJECT:  Atkube Court Opens Bankruptcy Proceedings
TRANSIT CONTRACT-EXPO: Claims Registration Ends December 7


K Y R G Y Z S T A N

STAR DEVELOPERS: Proof of Claim Deadline Slated for December 12


L U X E M B O U R G

CA INC: Earns US$137 Million in Quarter Ended Sept. 30


N E T H E R L A N D S

FIRST DATA: Completes Check Forte Acquisition
HEXION SPECIALTY: Closes German Resins Business Acquisition
IMPRESS HOLDINGS: Moody's May Lift Low-B Ratings After Review
TRONOX INC: Posts US$19.1 Mln Net Loss in Quarter Ended Sept. 30


N O R W A Y

NORSKE SKOGINDUSTRIER: Moody's Cuts Corp. Family Rating to Ba2


P O L A N D

AFFILIATED COMPUTER: Earns US$66.1 Mln in Quarter Ended Sept. 30
DAEWOO MOTOR: To Resume Production of Honker Cars at Lublin


R U S S I A

AUTOTECHSUPPLY LLC: Creditors Must File Claims by Dec. 27
BALTAUTOMATIKA-EM CJSC: Bankruptcy Hearing Slated for Jan. 23
BUCYRUS INT'L: Paying US$0.05 Per Share Quarterly Dividend
DISTILLERY ZAVODOUKOVSKIJ: Creditors Must File Claims by Dec. 27
HYNIX SEMICONDUCTOR: Signs Consulting Deal with Ecoeye

INDUSTRIAL INVESTMENT: Creditors Must File Claims by Dec. 27
KEDR LLC: Creditors Must File Claims by Dec. 27
KOLKHOZ ZHIGULI: Creditors Must File Claims by Dec. 27
MEDEO LLC: Creditors Must File Claims by Dec. 27
MOLOT CJSC: Creditors Must File Claims by Dec. 27

NEVSKAYA LLC: Creditors Must File Claims by Nov. 27
PERVOMAYSKIJ OJSC: Asset Sale Slated for Nov. 27
SEMENOVSKAYA PAINTING: Asset Sale Slated for Nov. 27
SKOROHOD OJSC: Creditors Must File Claims by Dec. 27
SPECSERVICE CJSC: Creditors Must File Claims by Dec. 27

TATNEFT OAO: Earns RUR16.49 Billion in First Half 2007
TRIANGLE OJSC: Creditors Must File Claims by Dec. 27
URAL EXPLORER: Creditors Must File Claims by Dec. 27


S P A I N

BANKINTER 3 FTPYME: Moody's Junks EUR17.4 Million Series E Notes


S W E D E N

AVNET INC: To Combine Acquired ChannelWorx Pty with Avnet Tech
BOMBARDIER INC: Fitch Affirms Low-B Ratings and Revises Outlook


U K R A I N E

BER LLC: Creditors Must File Claims by November 8
CAPITAL PLUS: Creditors Must File Claims by November 9
ILMETSERVICE LLC: Creditors Must File Claims by November 9
UKRAINE SHPOLA: Creditors Must File Claims by November 9
UKRMEDPROM: Proofs of Claim Filing Ends November 8


U N I T E D   K I N G D O M

ACHTERBAHN LTD: Names Richard Dixon Fleming Liquidator
ACXIOM CORP: Declares Quarterly Dividend of 6 Cents Per Share
BRITISH AIRWAYS: Earns GBP487 Mln for 6-Months Ended Sept. 2007
COMM-STRUCT LTD: Claims Filing Period Ends November 30
EBDY ELECTRICAL: Taps Joint Administrators from Tenon

EMI GROUP: Terra Firma Eyes Artists' Compensation Overhaul
EMI GROUP: Appoints Mike Clasper & Billy Mann to Investor Board
FLOWSERVE CORP: Earns US$63 Million in Third Quarter 2007
FORD MOTOR: UAW Ford National Council Urges Pact Ratification
GENERAL MOTORS: Total Sales Up by 3% in October 2007

HPC CONSULTANCY: Brings In Liquidators from Vantis Business
INCO LTD: Raising Nickel Output by 11% to 290,000 Tonnes in 2008
INFINITY MOTORCYCLES: Allan Geoffrey Appoints Receivers from BDO
INTO TECHNOLOGY: Brings In Administrators from BDO Stoy
J.S. CHINN: Barclays Bank Taps PwC as Administrative Receivers

JACKSON MAINE: Appoints Tenon Recovery to Administer Assets
L J LININGS: Claims Filing Period Ends December 3
REMY WORLDWIDE: Taps Greenberg Traurig as Special Counsel
REMY WORLDWIDE: Taps Huron Consulting as Financial Consultant
RUBY FINANCE: Moody's Cuts Rating to Ba2 on Two Note Classes

SCO GROUP: Seeks Court OK to Hire Mesirow as Financial Advisor
SCO GROUP: U.S. Trustee Balks at Retention of Mesirow as Advisor
TOWN LTD: J. M. Titley Leads Liquidation Procedure

* Large Companies with Insolvent Balance Sheet


                            *********



=============
A U S T R I A
=============


COPER GEBAUDEMANAGEMENT: Claims Registration Period Ends Nov. 20
----------------------------------------------------------------
Creditors owed money by LLC Coper Gebaudemanagement (FN 166614x)
have until Nov. 20 to file written proofs of claim to court-
appointed estate administrator Valentin Piskernik at:

         Mag. Valentin Piskernik
         Hochstrasse 31
         2380 Perchtoldsdorf
         Austria
         Tel: 01/86 93 888
         Fax: 01/86 91 660-33
         E-mail: anwalt@aon.at

Creditors and other interested parties are encouraged to attend
the creditors' meeting at 10:00 a.m. on Dec. 4 for the
examination of claims.

The meeting of creditors will be held at:

         The and Court of Wiener Neustadt
         Room 15
         Wiener Neustadt
         Austria

Headquartered in Wiener Neudorf, Austria, the Debtor declared
bankruptcy on Oct. 3 (Bankr. Case No. 11 S 106/07k).


EDV-ZUBEHOER: Vienna Court Orders Business Shutdown
---------------------------------------------------
The Trade Court of Vienna entered Oct. 1 an order shutting down
the business of LLC EGKF EDV-Zubehoer Handels (FN 94577i).

Court-appointed estate administrator Karl Schirl 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. Karl Schirl
         c/o  Mag. Markus Siebinger
         Krugerstrasse 17/3
         1010 Vienna
         Austria
         Tel: 513 22 31
         Fax: 513 22 31-1
         E-mail: dr.karl.schirl@der-rechtswanwalt.at  

Headquartered in Vienna, Austria, the Debtor declared bankruptcy
on Sept. 6 (Bankr. Case No 2 S 126/07b).  Markus Siebinger
represents Dr. Schirl in the bankruptcy proceedings.


GRAD BAU: Claims Registration Period Ends Nov. 28
-------------------------------------------------
Creditors owed money by LLC GRAD Bau (FN 258081g) have until
Nov. 28 to file written proofs of claim to court-appointed
estate administrator Ilse Korenjak at:

         Dr.  Ilse Korenjak
         Gusshausstrasse 6
         1040 Vienna
         Austria
         Tel: 512210
         Fax: 5122102-20
         E-mail: office@buresch-korenjak.at  

Creditors and other interested parties are encouraged to attend
the creditors' meeting at 9:00 a.m. on Dec. 12 for the
examination of claims.

The meeting of creditors will be held at:

         The Trade Court of Vienna
         Room 166
         Vienna
         Austria

Headquartered in Vienna, Austria, the Debtor declared bankruptcy
on Oct. 4 (Bankr. Case No. 4 S 114/07b).  


PRUCHA LLC: Claims Registration Period Ends Dec. 4
--------------------------------------------------
Creditors owed money by LLC Prucha (FN 98439p)have until Dec. 4
to file written proofs of claim to court-appointed estate
administrator Walter Kainz at:

         Dr. Walter Kainz
         c/o Dr. Eva Wexberg
         Gusshausstrasse 23
         1040 Vienna
         Austria
         Tel: 505 88 31
         Fax: 505 94 64
         E-mail:  kanzlei@kainz-wexberg.at  

Creditors and other interested parties are encouraged to attend
the creditors' meeting at 12:30 a.m. on Dec. 18 for the
examination of claims.

The meeting of creditors will be held at:

         The Trade Court of Vienna
         Room 1701
         Vienna
         Austria

Headquartered in Vienna, Austria, the Debtor declared bankruptcy
on Oct. 4  (Bankr. Case No. 6 S 128/07a).  


SOBEX HANDEL: Claims Registration Period Ends Dec. 4
----------------------------------------------------
Creditors owed money by LLC Sobex Handel (FN 238953b) have until
Dec. 4 to file written proofs of claim to court-appointed estate
administrator Erwin Senoner at:

         Dr. Erwin Senoner
         c/o Dr. Georg Freimueller
         Alser Strasse 21
         1080 Vienna
         Austria
         Tel: 406 05 51
         Fax: 406 96 01
         E-mail: kanzlei@jus.at   
  

Creditors and other interested parties are encouraged to attend
the creditors' meeting at noon on
Dec. 18  for the examination of claims.

The meeting of creditors will be held at:

         The Trade Court of Vienna
         Room 1701
         Vienna
         Austria

Headquartered in Vienna, Austria, the Debtor declared bankruptcy
on Oct. 2  (Bankr. Case No. 6 S 111/07a).  Georg Freimueller
represents Dr. Senoner in the bankruptcy proceedings.


WERRIS HANDEL: Claims Registration Period Ends Nov. 29
------------------------------------------------------
Creditors owed money by LLC WERRIS Handel (FN 188628w) have
until Nov. 29 to file written proofs of claim to court-appointed
estate administrator Stephan Riel at:

         Dr. Stephan Riel
         c/o Dr. Johannes Jaksch
         Landstrasser Hauptstrasse ½
         1030 Vienna
         Austria
         Tel: 713 44 33
         Fax: 713 10 33
         E-mail: kanzlei@jsr.at     

Creditors and other interested parties are encouraged to attend
the creditors' meeting at 9:30 a.m. on Dec. 13 for the
examination of claims.

The meeting of creditors will be held at:

         The  Trade Court of Vienna
         Room 1703
         Vienna
         Austria

Headquartered in Vienna, Austria, the Debtor declared bankruptcy
on Oct. 4 (Bankr. Case No. 5 S 117/07a).  Johannes Jaksch
represents Dr. Riel in the bankruptcy proceedings.


=============
B E L G I U M
=============


CHEMTURA CORP: Earns US$2 Million in 2007 Third Quarter
-------------------------------------------------------
Chemtura Corporation reported net earnings of US$2 million for
the third quarter of 2007 and net earnings on a non-GAAP basis
of US$19 million.

Net earnings for the quarter include earnings from continuing
operations of US$4 million; and loss on the sale of discontinued
operations of US$2 million.  On a non-GAAP basis, net earnings
include income from continuing operations of US$19 million.

"Our third quarter results demonstrated revenue growth of 9%, a
17% improvement in operating income and pre-tax earnings up 38%
on a non-GAAP basis compared with the third quarter of 2006,"
said Robert L. Wood, chairman and Chief Executive Officer.

"Three of our four business units showed improvement in both
revenue and operating income.  Crop Protection and Consumer
Products demonstrated particularly strong performance.  
Performance Specialties is also delivering on revenue and
earnings growth as well as the initial benefits of the Kaufman
acquisition."

"The shortfall in our earnings expectation was driven by a
decline in gross profit margins from 24% to 22%.  The decline
was principally focused in our Polymer Additives business where
we saw lower demand from electronics end markets (which impacts
our flame retardant products line in particular), continuing
weakness in building and construction, and higher raw material
costs, served to erode margins.  Despite the weakness in these
markets, Polymer Additives revenue grew by 4% in the quarter led
by a 19% increase in PVC Additives revenues.  Looking forward to
the fourth quarter, we are encouraged by increased orders in
September and October from the electronics industry, which is
usually seasonally strong in the fourth quarter."

"Finally, we continued to make progress with our cost reduction
initiatives.  SGA&R was down 7% compared to third quarter, 2006.
SGA&R for the quarter was 12% of net sales compared to 13% of
net sales in the same quarter of 2006.  Our focus remains on
performance improvement despite headwinds related to
electronics, construction demand and continuing raw material
cost pressure.  I remain confident that our underlying
performance will continue to improve and that the second half of
2007 will be better than the same period in 2006."

The company’s total debt as of Sept. 30, 2007 was US$1.0 billion
as compared with US$1,143 million at June 30, 2007.  This
decrease primarily reflects the repayment of certain of the
company’s committed working capital facilities.  Cash and cash
equivalents increased from US$76 million as of June 30, 2007 to
US$114 million as of Sept. 30, 2007.

                     About Chemtura Corp.

Headquartered in Middlebury, Connecticut, Chemtura Corp.
(NYSE:CEM) -- http://www.chemtura.com/-- is a global  
manufacturer and marketer of specialty chemicals, crop
protection, and pool, spa and home care products.  The company
has approximately 6,400 employees around the world and sells its
products in more than 100 countries.  The company has facilities
in Singapore, Australia, China, Hong Kong, India, Japan, South
Korea, Taiwan, Thailand, Brazil, Belgium, France, Germany,
Mexico, and The United Kingdom.

                        *     *     *

As reported in the Troubled Company Reporter-Latin America on
May 18, 2007, Moody's Investors Service lowered Chemtura
Corporation's ratings:

   -- Corporate Family Rating: Ba2 from Ba1

   -- Senior notes, USUSUS$500 million due 2016: Ba2 from Ba1;
      LGD4 (53%)

   -- Senior Unsecured Notes, USUSUS$150 million due 2026: Ba2
      from Ba1; LGD4 (53%)

   -- Senior Unsecured Notes, USUSUS$400 million due 2009: Ba2
      from Ba1; LGD4 (53%)


CHIQUITA BRANDS: Shutting Down Fresh Express Greencastle Plant
--------------------------------------------------------------
Chiquita Brands International will be closing subsidiary Fresh
Express' Greencastle plant by March 2008, Lauren McLane at The
Record Herald reports.

According to The Record, about 40 employees would be laid off at
the Greencastle distribution center.

The closure would be in the next couple of months, wrapping up
by the end of March 2008, The Record says, citing Fresh Express
media relations spokesperson Michael Mitchell.

Mr. Mitchell told The Record, "We acquired a farm in Harrisburg,
so we were able to look at the entire supply chain and decided
to close the distribution center in Greencastle."

The work currently done in Greencastle will chiefly be done in
Harrisburg.  Greencastle employees will be given chance to apply
for jobs in Harrisburg, or they will be offered a severance
package, The Record notes, citing Mr. Mitchell.

Chiquita Brands said in a press statement that shutting down the
facility in Greencastle, as well as one in Carrollton, will
lessen operating costs while further improving the freshness of
products it supplies to clients.

Greencastle-Antrim Chamber of Commerce director Bill Gour
commented to The Record, "Hopefully, the impact locally will be
short-lived.  Fortunately, there are a number of employers in
the area looking for employees, and Fresh Express's parent
company will be working with current employees to find places
for some within the organization.  Fresh Express has had a
visible presence in the community.  It is a long-time member in
good standing of the chamber.  It is going to be missed by the
community and by the chamber."

Franklin County Area Development Corp. head L. Michael Ross told
The Record, "It's always disappointing news when we hear a
company is looking to downsize in Franklin County.  Fresh
Express was a victim of corporate restructuring.  Like they say
in gangster movies, ‘It's nothing personal, it's just
business.'"

FCADC had failed to "establish the type of working relationship
with Fresh Express that it has with other businesses in the
county," The Record says, citing Mr. Ross.  However, he said
that the resources of FCADC will still be available for Fresh
Express and its employees.

"Our services will be available to Chiquita, including our rapid
response team," Mr. Ross commented to The Record.  The response
team helps coordinate with the state Department of Labor and
Industry to make arrangements for laid off workers.  The FCADC
will offer to help find another tenant for the facility.

"Obviously, it's designed to be a food processing plant, but
there is enough flexibility in the design that it could be
retro-fitted for other purposes.  Its location is perfect and
the utilities are there, which is huge," Mr. Ross told The
Record.

Chiquita Brands may not sell or lease the building right away,
The Record states, citing Mr. Ross.  The company has more
resources compared to most firms.

                    About Fresh Express

Fresh Express is the No. 1 brand of value-added salads, with a
total U.S. market share of approximately 47 percent.  Through
this acquisition of Verdelli Farms' modern manufacturing
capabilities and efficient distribution capacity, Fresh Express
will be able to expand its share in the Northeast from
approximately 30% today and gain an effective platform for
growth in this important region.  In addition, the acquisition
will allow Fresh Express to gain networkwide cost synergies in
distribution and logistics costs while achieving up to a two-day
improvement in the freshness of salads it delivers to customers
and consumers in the Northeast.

Harrisburg, Pa.-based Verdelli Farms is a third-generation,
family-owned business founded in 1924.  The company employs
approximately 400 people and has annual revenues of
approximately US$80 million.  In 2006, the company produced more
than 8 million cases of fresh salads, vegetables and fruit
snacks for more than 80 customers in 10 states from
Massachusetts to Virginia.

Fresh Express, a wholly owned subsidiary of Chiquita Brands
International, Inc., is the world's largest producer of fresh
salads.  With a rich history that traces its roots back to 1926
and the beginnings of the fresh produce industry in Salinas,
Calif., where the company is headquartered, Fresh Express is
recognized as a leader in food safety and as the creator of the
ready-to-eat fresh salad category.  Fresh Express is responsible
for a number of other important "firsts" in the fresh salad
category, including the first complete salad kit and the first
salad blend with multiple varieties of lettuces and greens.

                       About Chiquita

Cincinnati, Ohio-based Chiquita Brands International, Inc.
(NYSE: CQB) -- http://www.chiquita.com/-- markets and  
distributes fresh food products including bananas and nutritious
blends of green salads.  The company markets its products under
the Chiquita(R) and Fresh Express(R) premium brands and other
related trademarks.  Chiquita employs approximately 25,000
people operating in more than 70 countries worldwide including
Belgium, Columbia, Germany, Panama, Philippines, among others.

                        *     *     *

As reported in the Troubled Company Reporter on May 16, 2007,
Moody's Investors Service Ratings affirmed these ratings on
Chiquita Brands International Inc.: (i) corporate family rating
at B3; (ii) probability of default rating at B3; (iii) US$250
million 7.5% senior unsecured notes due 2014 at Caa2 (LGD5,
89%); and (iv)  US$225 million 8.875% senior unsecured notes due
2015 at Caa2 (LGD5, 89%).  Moody's changed the rating outlook
for Chiquita Brands to negative from stable.

Troubled Company Reporter reported on May 4, 2007, that Standard
& Poor's Ratings Services placed its 'B' corporate credit and
other ratings on Cincinnati, Ohio-based Chiquita Brands
International Inc. on CreditWatch with negative implications,
meaning that the ratings could be lowered or affirmed following
the completion of their review.  Total debt outstanding at the
company was about US$1.3 billion as of March 31, 2007.


METHANEX CORP: CEO Bruce Aitken to Buy 35,000 Additional Shares
---------------------------------------------------------------
Bruce Aitken, Methanex Corporation's president and chief
executive officer, plans to purchase about 35,000 additional
Methanex common shares.  The purchase will be funded by the
exercise of 164,000 Methanex stock options and is expected to
occur between Nov. 8, 2007, and the end of December 2007 through
the facilities of the Toronto Stock Exchange.

Methanex has in place Share Ownership Guidelines under which Mr.
Aitken is to hold Methanex common shares and share equivalents
having a value of at least five times his base salary.  
Subsequent to this intended purchase, Mr. Aitken will hold
approximately 365,000 Methanex common shares or share
equivalents and will continue to substantially exceed the Share
Ownership Guidelines.

Vancouver-based Methanex Corp. (Toronto: MX) (NASDAQGM: MEOH) --
http://www.methanex.com/-- is a publicly-traded company engaged  
in the production, distribution, and marketing of methanol.  The
company's stock also trate on foreign securities market of the
Santiago Stock Exchange in Chile under the trading symbol
"Methanex".  The company has locations in Belgium, Chile,
China, Japan, Trinidad, the United Kingdom, among others.

                          *     *     *

Moody's Investor Services' credit ratings for the company's
unsecured notes at Sept. 30, 2007, is Ba1.  Moody's said the
outlook is stable.


POPE & TALBOT: PricewaterhouseCoopers Appointed as Monitor
----------------------------------------------------------
The Honorable Justice Geoffrey B. Morawetz at the Superior Court
of Justice (Commercial List) for the Province of Ontario, in
Canada, appointed PricewaterhouseCoopers Inc. as the Pope &
Talbot Inc.'s monitor.

As an officer of the Court, PwC will monitor the Applicants'
property and the conduct of their business.  The Applicants and
their shareholders, officers, directors, and assistants are
required to advise the Monitor of all material steps taken by
the Applicants and to cooperate fully with the Monitor in the
exercise of its powers and discharge of its obligations.

The Monitor will not take possession of the Applicants' Property
and will take no part in the management or supervision of the
management of the Applicants' Business.

Specifically, the Monitor is directed and empowered to:

   (a) monitor the Applicants' and Partnerships' receipts and
       disbursements;

   (b) report to the CCAA Court at such times and intervals as
       the Monitor may deem appropriate with respect to matters
       relating to the Applicants, the Partnerships, the
       Property, the Business, and other matters as may be
       relevant to the CCAA proceedings;

   (c) assist the Applicants and the Partnerships, to the extent
       required by the Applicants and the Partnerships, in its
       dissemination to Wells Fargo Financial Corporation Canada
       and Ableco Finance LLC, the agents under their
       prepetition secured credit agreement, and their counsel
       of financial and other information as agreed to between
       the Applicants and the Partnerships and the Agents;

   (d) advise the Applicants in their preparation of the
       Applicants' cash flow statements, which information will
       be reviewed with the Monitor and delivered to the Agents
       and their counsel;

   (e) provide the Agents with information as may be reasonably
       requested;

   (f) advise the Applicants in their development of a Plan of
       Arrangement and any amendments to the Plan;

   (g) assist the Applicants with the conduct of any sale
       process to sell the Property and the Business or any part
       thereof to the extent requested by the Applicants;

   (h) assist the Applicants with the holding and administering
       of creditors' or shareholders' meetings for voting on the
       Plan;

   (i) have full and complete access to the books, records and
       management, employees and advisors of the Applicants and
       to the Business and the Property to the extent required
       to perform its duties arising under the Initial CCAA Stay
       Order;

   (j) engage independent legal counsel or other persons as
       the Monitor deems necessary or advisable respecting the
       exercise of its powers and performance of its
       obligations;

   (k) consider, and if deemed advisable by the Monitor, prepare
       a report and assessment on the Plan;

   (l) consider, and if deemed advisable by the Applicants and
       the Monitor, file necessary Chapter 15 proceedings as
       foreign representative of the Applicants and         
       Partnerships; and

   (m) perform other duties as are required by the Stay Order or
       by the CCAA Court from time to time.

Nothing in the Court's Order will prevent the Monitor from
acting as an interim receiver, a receiver, a receiver and
manager, or a trustee in bankruptcy of any of the Applicants,
their Business or Property.

The Monitor, its Canadian and U.S. counsel, as well as the
Applicants' Canadian and U.S. counsel, if any, are entitled to
the benefit of and are granted an administration charge on the
Applicants' Property, not exceeding US$3,000,000 in the
aggregate, as security for their professional fees and
disbursements incurred at the standard rates and charges of the
Monitor and the counsel.  The Administration Charge will have
the priority over certain other charges and claims on the
Applicants' estate.

                       About Pope & Talbot

Headquartered in Portland, Oregon, Pope & Talbot Inc. --
http://www.poptal.com/-- produces pulp and wood based building  
products from manufacturing facilities located primarily in
British Columbia, Canada and with smaller operations in the
north western United States.  Pacific Rim.

The Company's pulp is marketed globally through sales offices in
Portland, Oregon, and Brussels, Belgium, and through agency
sales offices around the world.  

The company and its U.S. and Canadian subsidiaries applied for
protection under the Companies' Creditors Arrangement Act of
Canada on Oct. 28, 2007.  (Pope & Talbot Bankruptcy News, Issue
No. 1; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


POPE & TALBOT: Seeks Access to US$15 Million Postpetition Loan
--------------------------------------------------------------
Pope & Talbot, Inc. and its subsidiaries are seeking
postpetition financing that will provide up to US$10,000,000 to
US$15,000,000 in operating funding, R. Neil Stuart, Pope &
Talbot's vice president and chief financial officer, said in an
affidavit filed with the Superior Court of Justice (Commercial
List) for the Province of Ontario, in Canada.

P&T Ltd. has been in negotiations with its lenders, Wells Fargo
Financial Corporation Canada and Ableco Financial LLC, regarding
the possibility of DIP financing during the CCAA proceedings,
according to Mr. Stuart.  As at the CCAA Petition Date, no DIP
financing has been agreed upon, he said.

Pope & Talbot has filed with the CCAA Court a cash flow forecast
for a 13-week period ending January 25, 2008.  The Company
expects spending $170,095,000 on account of operating expenses
and $9,170,000 on account of restructuring-related expenses.  
Pope & Talbot expects making $12,440,000 in total disbursements
for the week ending November 2.

The Company expects cash receipts to total $183,900,000 during
the period.

               Pope & Talbot, Inc. Cash Forecast
                     All Sites Consolidated
                13 Weeks Ending January 25, 2008

  Operating Cash Flow
    Cash Receipts                                $183,900,000

    Restructuring Charges                          (9,170,000)

    Operating Cash Disbursements
      Payroll, payroll taxes & benefits           (35,934,000)
      Raw Materials                               (74,048,000)
      Freight                                     (20,262,000)
      Pension Contribution                            (93,000)
      Capital Expenditures                         (1,733,000)
      Other                                       (38,024,000)
                                               --------------
    Total Operating Disbursements                (170,095,000)
                                               --------------
    Total Disbursements                          (179,264,000)
                                               --------------
  Net Cash Flow                                    $4,636,000
                                               ==============

The Company had $53,000,000 in unsecured trade debt arising from
its ordinary course trade supply obligations.

P&T Ltd. intends to utilize its postpetition receivables to fund
its operations until DIP financing is confirmed or Pope & Talbot
is otherwise required to take other steps to fund its
operations, Mr. Stuart said.  P&T Ltd. intends to work closely
with its lenders to try and finalize a DIP financing arrangement
to fund its operations during the CCAA proceedings, he added.

The Applicants will seek the approval from the CCAA Court of any
DIP financing arrangement once finalized.

The Applicants expect to be able to manage their operations
based on expected cash flow in the near term but expects that
the DIP loan providing $10,000,000 to $15,000,000 in operating
funding will be required if operations are to be maintained at
the current level for the longer term, Mr. Stuart told the CCAA
Court.

On the CCAA Petition Date, the Honorable Justice Geoffrey B.
Morawetz directed the Applicants to:

  -- make no payments of principal, interest or otherwise on
     account of amounts owing by the Applicants to any of their
     creditors as of the Petition Date;

  -- grant no security interests, trust, liens, charges or
     encumbrances upon or in respect of any of the Applicants'
     Property; and

  -- not grant credit or incur liabilities except in the
     ordinary course of the business, or with the consent of the
     Applicants; PricewaterhouseCoopers Inc., the Court-
     appointed monitor; and Wells Fargo Canada and Ableco.

Prior to the CCAA Petition Date, Pope & Talbot obtained funding
under a Credit Agreement dated June 28, 2008, with Ableco
Finance LLC, as collateral agent, term loan B agent and lender;
and Wells Fargo Financial Corporation Canada.

As of Oct. 29, 2007, the aggregate principal amount outstanding
under the Credit Agreement was roughly $216,000,000.  The
prepetition loan consists of a term loan facility and a
revolving credit facility.  The credit facilities are secured by
substantially all of the Applicants' assets.

Headquartered in Portland, Oregon, Pope & Talbot Inc. --
http://www.poptal.com/-- produces pulp and wood based building  
products from manufacturing facilities located primarily in
British Columbia, Canada and with smaller operations in the
north western United States.  Pacific Rim.

The Company's pulp is marketed globally through sales offices in
Portland, Oregon, and Brussels, Belgium, and through agency
sales offices around the world.  

The company and its U.S. and Canadian subsidiaries have applied
for protection under the Companies' Creditors Arrangement Act of
Canada on Oct. 28, 2007.  PricewaterhouseCoopers Inc. serves as
the Debtors' court-appointed monitor.  Sean Dunphy, Esq., Ashley
John Taylor, Esq., and Kathy Mah, Esq., of Barristers &
Solicitors act as the Debtors' solicitors.  (Pope & Talbot
Bankruptcy News, Issue No. 1; Bankruptcy Creditors' Service
Inc., http://bankrupt.com/newsstand/or 215/945-7000)


TENNECO INC: Commences US$230 Mln Tender Offer for 10-1/4% Notes
----------------------------------------------------------------
Tenneco Inc. has commenced a cash tender offer for up to
US$230 million aggregate principal amount of 10-1/4% Senior
Secured Notes due 2013 (CUSIP No. 880349AD7).

Tenneco is launching this tender offer and consent solicitation
as part of a transaction designed to reduce the company's
interest expense, extend the maturity of some of its debt and to
amend the indenture for the Notes to more closely align debt
covenants among the company's various tranches of notes.

The total consideration per US$1,000 principal amount of Notes
validly tendered and not withdrawn prior to 5:00 p.m., New York
City time, on Nov. 15, 2007, unless extended, will be calculated
based on the present value on the payment date of the sum of
US$1,051.25, the earliest redemption price for the Notes on June
15, 2008, which is the earliest redemption date for the Notes,
plus interest payments through June 15, 2008, determined using a
discount factor equal to the yield on the price determination
date of the 5-1/8% U.S. Treasury Note due June 30, 2008, plus a
fixed spread of 50 basis points.

The price determination date will be 2:00 p.m., New York City
time, at least ten business days prior to the expiration date.
The payment date will be promptly after the expiration date.

The tender offer is scheduled to expire at midnight, New York
City time, on Nov. 30, 2007, unless extended.  Accrued and
unpaid interest to, the payment date will be paid on all Notes
tendered and accepted for payment.

The tender offer is for a maximum of US$230 million aggregate
principal amount of Notes.  In the event that the tender offer
is oversubscribed, tenders will be accepted on a pro rata basis.
Tenneco reserves the right, but is not obligated, to increase
the Maximum Tender Amount.

The total consideration includes a consent payment of US$30 per
US$1,000 principal amount of Notes.  Only Notes that are
tendered on or prior to the Consent Date and that are accepted
for payment will receive the Consent Payment.  The company is
soliciting consents to conform certain covenants in the
indenture governing the Notes to make them no more restrictive
than comparable provisions applicable to the company's 8.625%
Senior Subordinated Notes due 2014, including with respect to
the incurrence of indebtedness and the absence of limitation on
issuances and transfers of restricted subsidiary stock and to
make other minor or related modifications.

The tender offer is conditioned on the satisfaction or waiver
prior to the acceptance date of customary conditions, including:

   (i) Tenneco having received from the offer and sale of new
       indebtedness, on terms and conditions acceptable to it
       in its sole discretion, funds sufficient to consummate
       the offer; and

  (ii) the receipt of the requisite consents required to
       implement the proposed amendments to the indenture from
       holders of the senior secured notes.

Copies of the Offer to Purchase and Consent Solicitation
Statement of the company may be obtained by contacting Global
Bondholder Services Corporation, the information agent for the
offer, at (212) 430-3774 (collect) or (866) 873-5600 (U.S. toll-
free).

Banc of America Securities LLC and Citi are the dealer managers
and solicitation agents for the tender offer and consent
solicitation.  Additional information concerning the tender
offer and consent solicitation may be obtained by contacting
Banc of America Securities LLC, High Yield Special Products, at
(704) 388-4813 (collect) or (888) 292-0070 (U.S. toll-free) and
Citi at (212) 723-6106 (collect) or (800) 558-3745 (toll-free).

                        About Tenneco Inc.

Based in Lake Forest, Illinois, Tenneco Inc., (NYSE: TEN) --
http://www.tenneco.com/-- manufactures automotive ride and    
emissions control products and systems for both the original
equipment market and aftermarket.  Brands include Monroe(R),
Rancho(R), and Fric Rot ride control products and Walker(R) and
Gillet emission control products.  The company has operations in
Argentina, Japan, and Germany, with its European operations
headquartered in Brussels, Belgium.  The company has
approximately 19,000 employees worldwide.

                          *     *     *

As reported in the Troubled Company Reporter on Sept. 26, 2007,
Fitch Ratings has placed Tenneco Inc.'s Issuer Default Ratings
and securities ratings on Rating Watch Negative.  Fitch
confirmed these ratings: (i) IDR 'BB-'; (ii) Senior secured bank
facility 'BB+'; (iii) Senior secured notes 'BB'; and (iv)
Subordinated 'B'.


TENNECO INC: Fitch Rates New Senior Unsecured Notes at BB-
----------------------------------------------------------
Fitch Ratings assigned a rating of 'BB-' to Tenneco Inc.'s new
senior unsecured notes due 2015.  The new notes replace a
portion of TEN's existing US$475 million in 10.25% senior
secured second-lien notes for which TEN is tendering.  The
rating outlook is positive.

The ratings are as follows:

   -- Issuer Default Rating 'BB-';
   -- Senior secured bank facility 'BB+';
   -- Senior secured second lien notes 'BB';
   -- Senior subordinated notes 'B'.

TEN's new US$250 million senior unsecured notes will improve the
company's maturity profile, and contains covenants on a par with
the company's senior subordinated notes.  TEN is also adjusting
and removing certain covenants from the remaining senior secured
second-lien notes.  The refinancing also reduces the overall
amount of secured debt which, in conjunction with covenant
changes, provides TEN with additional operating flexibility.

In addition, the company projects interest savings of about
US$4 million.  The new notes are the obligation of TEN and
guaranteed by certain domestic subsidiaries.  Concurrent with
the offering of the new notes due 2015, TEN will initiate a
series of steps designed to better align the company's capital
structure with its assets and cash flow, while also providing
certain tax benefits.

TEN faces the same headwinds as other suppliers including
pricing pressures, high raw material costs, lower production
volumes from U.S.-based OEM's, exposure to slow-selling SUV
products and limited free cash flow.  However, TEN has offset
these challenges with increased revenue from new business wins,
manufacturing efficiencies, working capital management, and a
geographically diverse customer base compared with other North
American suppliers.  TEN's technology position and product
acceptance in the growing diesel emissions market augur well for
revenue performance over the near term.

The company's increasingly technology-driven product portfolio
and margin performance in a difficult industry environment
provide comfort that new business wins and revenue growth will
also produce longer-term earnings growth.  However, costs and
investments related to new product launches and growth
initiatives will limit free cash flow over the short term.  The
Positive Outlook is based on expectations of moderate, but
continuing de-leveraging over the intermediate term through
continued growth in operating earnings from a diversified global
customer base.  Concerns include total debt levels, industry
margin pressures, U.S. production volumes in an uncertain
economic environment, and stresses from second-tier and third-
tier suppliers.

TEN retains healthy liquidity, with US$203 million in cash and
marketable securities at Sept. 30, 2007.  In addition, TEN has
US$292 million of unused borrowing capacity available on its
US$680 million revolver.  The company also has a US$100 million
U.S. securitization facility (of which US$94 million was
outstanding), and US$55 million outstanding under its
uncommitted European receivable facilities.


TENNECO INC: S&P Rates Proposed US$250 Mln Senior Notes at B+
-------------------------------------------------------------
Standard & Poor's Ratings Services assigned its 'B+' rating to
Tenneco Inc.'s proposed US$250 million senior unsecured notes
due 2015.  

The rating is one notch below the corporate credit rating,
reflecting the unsecured nature of the proposed new
debt in Tenneco's capital structure, which consists mainly of
secured debt.  The company will use the proceeds to tender for
US$230 million of its 10.25% secured second-lien notes due 2013.
     
At the same time, because the tender will substantially reduce
the outstanding principal on the 10.25% senior secured notes,
S&P raised the ratings on that issue to 'BB' from 'BB-', and
revised the recovery rating to '2' from '4', reflecting the
expected improvement in recovery resulting from the pending
reduction in outstanding principal.  S&P also affirmed the 'BB-'
corporate credit rating and stable outlook and withdrew the
short-term rating of 'B-1'.
      
"The ratings on Tenneco reflect a weak business profile and
aggressive financial profile," said Standard & Poor's credit
analyst Lawrence Orlowski.  Although 2007 free cash flow
generation will likely be negative, S&P do not view this as a
trend.  Tenneco's credit measures have been stable.  The company
benefits from good diversity among its customers, business
platforms, and regions of operation.  However, Tenneco is still
exposed to the risks of declining vehicle production by its
largest customers, General Motors Corp. and Ford Motor Co.
     
The outlook is stable.  Revenue growth was solid in the third
quarter of 2007 because of new business launches, but investment
to support this growth contributed to negative free cash flow.  
Still, S&P expect credit measures to remain consistent with the
rating despite industry conditions that include production cuts
by some customers and raw-material price pressures.  In the
longer term, S&P could revise the outlook to positive if
industry conditions stabilize and the company uses free cash
flow to reduce debt.  Alternatively, S&P could revise the
outlook to negative if severe industry challenges cause cash
flow to remain negative.


=============
D E N M A R K
=============


BLOCKBUSTER INC: Posts US$35 Mln Net Loss in Qtr. Ended Sept. 30
----------------------------------------------------------------
Blockbuster Inc. reported Thursday financial results for the
third quarter ended Sept. 30, 2007.

For the third quarter of 2007, net loss was US$35.0 million, as
compared with a net loss of US$24.7 million for the third
quarter of 2006.  Net loss for the third quarter of 2007
included US$9.6 million in severance and lease termination
costs.

Total revenues decreased 5.7% to US$1.24 billion for the third
quarter of 2007 from US$1.31 billion for the third quarter of
2006.

The revenue decrease is primarily due to the closure and sale of
526 company-operated stores worldwide.  This decrease was
partially offset by a US$79.2 million year-over-year increase in
revenues from Blockbuster's online rental service resulting from
growth in the subscriber base, which totaled approximately
3.1 million total subscribers at the end of the quarter.

"We believe the actions we have taken over the last quarter have
better positioned Blockbuster for the future," said Jim Keyes,
Blockbuster chairman and chief executive officer.  "Going
forward, we are focused on protecting our core rental business,
developing new retail opportunities, and becoming the preferred
provider of digital entertainment.  To this end, we have
launched a series of initiatives centered around product
availability and increased emphasis on our retail business.  I
am pleased with the progress we have made both strategically and
financially and believe we are on our way to transforming
Blockbuster into a company that is able to generate total
revenue growth, effectively redeploy resources and balance
investment in a manner that delivers favorable returns."

As part of its previously announced efforts to improve
profitability, management said it has completed a preliminary
review of the company's cost structure and has implemented a
plan to reduce annualized overhead costs by approximately US$45
million through the elimination of staffing and operational
redundancies in the company's in-store and online corporate
support structure and through improvements in other operating
efficiencies. Management continues to evaluate a number of other
methods to reduce costs, including outsourcing various corporate
functions.

Additionally, consistent with its efforts to strike an
appropriate balance between the growth of its online
subscription service and enhanced profitability, during the
quarter the company implemented pricing modifications to the
BLOCKBUSTER Total Access offering, reduced advertising spend and
minimized promotion of the program in its stores.  These actions
significantly reduced the number of unprofitable BLOCKBUSTER
Total Access subscribers, improved profitability across the
remaining subscriber base and contributed to a sequential
improvement in the company's operating results from the second
quarter of 2007.

Further, in light of the company's emphasis on growing its
overall customer base — through its stores, through the mail and
eventually through the digital delivery of content – going
forward, the company will no longer be narrowly focused on its
online subscriber count but instead will concentrate on the
growth of, and report on, its total membership.

"During each month this quarter, over 20 million customers
around the world used the BLOCKBUSTER(R) brand to satisfy their
needs for media entertainment, and that customer base presents
us with a tremendous opportunity," said Keyes.  "Our goal is to
continue to increase our membership base by providing even more
ways for customers to get the entertainment they want through
our stores, through the mail and through new technologies."

Worldwide same-store rental revenues for the third quarter
increased 1.1% from the same period last year, reflecting a 2.3%
increase in domestic same-store rental revenues and a 2.8%
decline in international same-store rental revenues.  Worldwide
same-store retail revenues for the third quarter of 2007
increased 14.2% from the same period last year largely due to a
79.5% increase in international same-store game retail revenues.

Operating loss for the third quarter of 2007 totaled US$5.6
million, compared to operating income of US$3.3 million for the
same period last year.  Gross profit decreased US$75.7 million,
which was primarily driven by the decline in total revenues and
an approximately US$29 million impact to rental gross profit
associated with the cost of free in-store exchanges under the
BLOCKBUSTER Total Access program.  Gross margin declined 270
basis points to 53.9% for the third quarter of 2007.  

Cash flow used for operating activities of US$17.1 million for
the third quarter of 2007 reflected a US$168.9 million decrease
from cash provided by operating activities of US$151.8 million
in the third quarter of 2006.  Free cash flow decreased US$174.5
million to a negative US$38.6 million for the third quarter of
2007 from a positive US$135.9 million for the third quarter of
2006.  Both changes were primarily the result of changes in
working capital and rental library.

                      About Blockbuster Inc.

Headquartered in Dallas, Texas, Blockbuster Inc. (NYSE: BBI,
BBI.B) -- http://www.blockbuster.com/-- is a leading global  
provider of in-home movie and game entertainment, with over
7,800 stores throughout the Americas, Europe, Asia and
Australia.  The company maintains operations in Brazil, Mexico,
Denmark, Italy, Taiwan, Thailand, Australia, among others.

                          *     *     *

As reported in the Troubled Company Reporter on Aug. 8, 2007,
Standard & Poor's Ratings Services lowered its ratings on
Dallas-based Blockbuster Inc. to 'B-' from 'B'.  The outlook is
negative.


=============
F I N L A N D
=============


COMVERSE TECH: Hires Lance Miyamoto as Exec. VP for Global HR
-------------------------------------------------------------
Comverse Technology Inc. has appointed Lance Miyamoto as its
Executive Vice President, Global Human Resources.  Mr. Miyamoto
will report to the company’s President and Chief Executive
Officer, Andre Dahan.  In his new role, Mr. Miyamoto also will
be responsible for the human resources function at Comverse,
Inc.

Mr. Dahan said, "Lance is an experienced, proven senior
executive, who has successfully led the human resources efforts
at large global enterprises.  He will be a valuable member of
our management team as we pursue our strategic objectives and
build a new Framework for Profitable Growth.  We welcome Lance
to the Comverse team."

Mr. Miyamoto has more than 25 years of experience in human
resources, having worked for high technology companies in North
America, Europe, Asia and Latin America.  He was recently
Executive Vice President, Human Resources at AOL, where he was
responsible for all aspects of HR for the company, including
talent acquisition and retention, compensation strategy,
organizational development, and leadership development.  Prior
to that, Mr. Miyamoto led the HR efforts for LexisNexis Group.  
He also served as Vice President, Corporate Human Resources at
Honeywell International, Senior Vice President, Human Resources
and Performance Development at Dun & Bradstreet, and in a number
of senior HR positions at AT&T Bell Laboratories, among other
firms.  Mr. Miyamoto has an MBA from the Wharton School of the
University of Pennsylvania.  He earned his undergraduate degree
from Harvard University, where he was a recipient of the Ames
Memorial Award for leadership.

                 About Comverse Technology

Comverse Technology, Inc., -- http://www.cmvt.com/-- (Pink  
Sheets: CMVT.PK) through its Comverse, Inc. subsidiary, provides
software and systems enabling network-based multimedia enhanced
communication and billing services.  The company's Total
Communication portfolio includes value-added messaging,
personalized data and content-based services, and real-time
converged billing solutions.  Over 500 communication and content
service providers in more than 130 countries use Comverse
products to generate revenues, strengthen customer loyalty and
improve operational efficiency.  Other Comverse Technology
subsidiaries include: Verint Systems (VRNT.PK), which provides
analytic software-based solutions for communications
interception, networked video security and business
intelligence; and Ulticom (ULCM.PK), which provides service
enabling signaling software for wireline, wireless and Internet
communications.

Comverse has offices all over the world, including Australia,
Finland, Greece, Indonesia, Malaysia, and the Philippines.

                        *     *     *

As reported in the Troubled Company Reporter on Feb. 5, 2007,
Standard & Poor's Ratings Services kept its 'BB-' corporate
credit and senior unsecured debt ratings on New York-based
Comverse Technology Inc. on CreditWatch with negative
implications, where they were placed on March 15, 2006.


===========
F R A N C E
===========


FRESH DEL MONTE: Discloses 12,000,000 Ordinary Shares Offering
--------------------------------------------------------------
Fresh Del Monte Produce Inc. has intended to offer 12,000,000
ordinary shares, of which 5,000,000 ordinary shares are expected
to be sold by Fresh Del Monte and 7,000,000 ordinary shares are
expected to be sold by IAT Group Inc., under Fresh Del Monte’s
existing shelf registration statement filed with the Securities
and Exchange Commission.  Fresh Del Monte and IAT Group also
intend to grant the underwriters an option to purchase up to a
combined 1,800,000 additional ordinary shares solely to cover
over-allotments, if any.

Fresh Del Monte currently intends to use the net proceeds from
the offering for the repayment of indebtedness outstanding under
its credit facility. Fresh Del Monte will not receive any
proceeds from the sale of ordinary shares by IAT Group.

Morgan Stanley & Co. Incorporated is the sole book-running
manager, with Merrill Lynch, Pierce, Fenner & Smith
Incorporated, Piper Jaffray & Co. and Wachovia Capital Markets,
LLC acting as co-managers of the offering.

The offering is being made only by means of a prospectus
supplement and accompanying prospectus, copies of which are
available for review at http://www.sec.gov/

Alternatively, those documents may be obtained by contacting:

        Morgan Stanley & Co. Incorporated
        Prospectus Department
        180 Varick Street, 2nd Floor
        New York, NY 10014
        Tel: 1-866-718-1649

Based in the Cayman Islands, Fresh Del Monte Produce Inc. --
http://www.freshdelmonte.com/-- is one of the world's leading  
vertically  integrated producers, marketers and distributors of
high-quality fresh and fresh-cut fruit and vegetables, as well
as a leading producer and distributor of prepared fruit and
vegetables, juices, beverages, snacks and desserts in Europe,
the Middle East and Africa.  Fresh Del Monte markets its
products worldwide under the Del Monte(R) brand, a symbol of
product quality, freshness and reliability since 1892.

The company has operations in Chile, Brazil, France,
Philippines, and Korea.


FRESH DEL MONTE: S&P Puts 'BB-' Rating Under Positive Watch
-----------------------------------------------------------
Standard & Poor's Ratings Services placed its 'BB-' corporate
credit and other ratings on Cayman Islands-based Fresh Del Monte
Produce Inc. on CreditWatch with positive implications,
meaning that the ratings could be raised or affirmed following
the completion of S&P's review.  About $359 million of total
debt was outstanding at Sept. 28, 2007.
     
The CreditWatch placement follows the company's announcement of
its proposed equity offering, net proceeds of which will be used
to repay debt outstanding under its credit facility, in addition
to continued strong operating performance year to date.  The
equity offering consists of 5 million of primary shares expected
to be issued by the company, and an additional 7 million shares
expected to be sold by IAT Group, an existing shareholder.  The
company will only receive proceeds from the primary offering,
which will be used for debt reduction.
     
For the nine months ended Sept. 28, 2007, Fresh Del Monte's
sales grew 1.6% due to higher banana and prepared food sales,
partially offset by lower other fresh produce sales as a result
of product rationalization.  Adjusted EBITDA more than doubled
because of cost saving and restructuring initiatives.  As a
result, credit measures have improved: for the 12 months ended
Sept. 28, 2007, lease- and pension-adjusted funds from
operations to debt was 42%, compared with 10% in the prior-year
period, and 6.5% at year-end 2006.  Adjusted total debt to
EBITDA was about 2x for the 12 months ended Sept. 28, 2007, an
improvement from 4.8x in the prior-year period and 5x at year-
end 2006.  Debt repayment from the equity offering will likely
further improve credit measures.
     
"We will review Fresh Del Monte's operating, strategic, and
financial plans before resolving the CreditWatch listing," said
Standard & Poor's credit analyst Alison Sullivan.


PRIDE INT'L: Earns US$401.5 Million for Quarter Ended Sept. 30
--------------------------------------------------------------
Pride International Inc. reported financial results for the
three months ended Sept. 30, 2007.  Net income for the quarter
totaled US$401.5 million, reflecting the impact of certain asset
dispositions.

During the quarter, the company sold its Latin America Land and
E&P Services segments for US$1.0 billion in cash and entered
into an agreement to sell its three tender-assist rigs for total
proceeds of US$213 million in cash.  The disposition of the
Latin America Land and E&P Services segments, which was included
in the Company's third quarter results, resulted in an after-tax
gain of US$265.0 million, or US$1.48 per diluted share.  The
sale of the three tender-assist rigs is expected to close in
early 2008, subject to the novation of drilling contracts by the
customers for each unit and other closing conditions.

The company reported the results of operations and the
associated gain on sale of both the Latin America Land and E&P
Services segments and the results of operations for the quarter
from three tender-assist units as income from discontinued
operations for the third quarter of 2007 and all comparative
periods.  Income from discontinued operations totaled US$281.2
million for the quarter.

Louis A. Raspino, President and Chief Executive Officer of Pride
International, Inc., stated, "The third quarter of 2007 was one
of the most significant quarters in the history of Pride as we
advance the transformation of the company to an offshore-focused
contract driller with an emphasis on deepwater and other high
specification rigs.  Toward this goal, numerous accomplishments
were achieved during the period, including:

  -- The execution of an agreement to sell our Latin America
     Land and E&P Services business segments for US$1 billion in
     cash and the closing of that transaction only three weeks
     later on Aug. 31, 2007,

  -- A commitment to the construction of an ultra-deepwater
     drillship,

  -- The acquisition of an ultra-deepwater drillship in the
     early stages of construction,

  -- An agreement to sell three tender-assist rigs for US$213
     million in cash, and

  -- The acquisition of the remaining nine percent interest in
     our Angolan joint venture for US$45 million in cash, giving
     us 100 percent ownership in three rigs, including two
     deepwater drillships."

"Our earnings from operations from semisubmersibles and
drillships (floaters) approached 60 percent in the third quarter
of 2007 compared to 34 percent one year ago and is expected to
continue to grow as new contracts commence at higher dayrates
reflecting the tightness in the floating rig market.  In
addition, our strong cash position, coupled with improving cash
flow from operations and the prospects for further cash proceeds
following the disposal of additional non-strategic assets,
provides us with increased flexibility as we address numerous
growth opportunities and other means to enhance shareholder
value."

                     Continuing Operations

Income from continuing operations, consisting primarily of the
company's Offshore Drilling Services segment, was US$120.3
million on revenues of US$540.4 million for the third quarter of
2007.  The results compare to income from continuing operations
of US$66.0 million on revenues of US$406.0 million during the
corresponding quarter in 2006.

During the quarter, the company completed a technical evaluation
of its entire offshore fleet.  As a result of this evaluation,
there was a change in estimates regarding useful lives and
salvage values on certain rigs in the fleet.  These changes were
primarily a result of changing market conditions, the recent
significant capital investment in certain rigs and revisions to
and standardization of maintenance practices.  As a result of
these changes, the third quarter of 2007 includes a reduction in
depreciation expense of US$14.5 million, or an after-tax benefit
of US$0.07 per diluted share.  In addition to the changes
impacting depreciation expense, net income from continuing
operations for the quarter also included a tax benefit of
US$10.2 million due to the recognition of foreign tax credits
that had been previously treated as tax deductions in prior
quarters.  This helped reduce its effective tax rate to 27% for
the period.  Realization of this additional tax benefit is based
primarily on the company's forecasts of future profitability,
along with the application of certain tax planning strategies.  
In future quarters, the company expects to continue to recognize
the benefit of these foreign tax credits.  Finally, in August
2007, the company acquired from its partner Sonangol the
remaining nine percent interest in the joint venture related to
the company's Angolan operations for US$45 million in cash,
bringing the company's ownership interest to 100% and adding
approximately US$1.6 million to the company's income from
continuing operations.

Total debt at Sept. 30, 2007, was US$1,212.4 million, while net
debt (total debt less cash and cash equivalents of US$880.6
million) was US$331.8 million.

Headquartered in Houston, Texas, Pride International Inc.
(NYSE: PDE) -- http://www.prideinternational.com/-- provides  
onshore and offshore contract drilling and related services in
more than 25 countries, operating a diverse fleet of 277 rigs,
including two ultra-deepwater drillships, 12 semisubmersible
rigs, 28 jackups, 16 tender-assisted, barge and platform rigs,
and 214 land rigs.  The company maintains worldwide operations
in France, Mexico, Kazakhstan, India, and Brazil, among others.

                        *     *     *

As reported in the Troubled Company Reporter-Latin America on
Sept. 4, 2007, Fitch Ratings has affirmed Pride International
Inc.'s Issuer Default Rating at 'BB' in addition to affirming
the ratings on Pride International's senior secured revolving
credit facility, senior unsecured notes and their convertible
senior notes.  The Rating Outlook is Stable.  Fitch maintains
the following ratings for Pride International:

  -- Issuer Default Rating at 'BB';
  -- Senior unsecured at 'BB';
  -- Senior secured bank facility at 'BBB-';
  -- Senior convertible notes at 'BB'.

As reported in the Troubled Company Reporter-Latin America on
Aug. 3, 2007, Moody's affirmed Pride International, Inc.'s
credit ratings following the company's announcement of the
acquisition of a newbuild drillship to be delivered in 2010.

The ratings affirmed include the Ba1 corporate family rating,
the Ba2 rating on Pride's USUS$500 million senior notes due
2014, the Baa2 rating on its USUS$500 million senior secured
credit facility and speculative grade liquidity rating of SGL-2.
Moody's said the outlook is stable.

Pride Ratings Affirmed:

  -- Ba1 CFR and Probability of Default Rating;

  -- USUS$500 million Senior Notes due 2014 rated Ba2 (LGD5,
     71%);

  -- USUS$500 million Senior Secured Credit Facility rated Baa2
    (LGD2, 13%);

  -- Speculative Grade Liquidity Rating -- SGL-2;

  -- Senior Unsecured Shelf rated (P)Ba2 (LGD5, 71%);

  -- Subordinated Shelf rated (P)Ba2 (LGD6, 97%);

  -- Preferred Shelf rated Ba2 (LGD6, 97%).


=============
G E R M A N Y
=============


BELINAS GMBH: Claims Registration Ends December 10
--------------------------------------------------
Creditors of Belinas GmbH have until Dec. 10 to register their
claims with court-appointed insolvency manager Dr. Bruno Kübler.

Creditors and other interested parties are encouraged to attend
the meeting at 11:00 a.m. on Jan. 9, 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 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:

         Dr. Bruno Kübler
         Konrad-Zuse-Platz 1
         81829 Munich
         Germany
         Tel: 99299-0
         Fax: 99299-299

The District Court of Munich opened bankruptcy proceedings
against Belinas GmbH on Oct. 12.  Consequently, all pending
proceedings against the company have been automatically stayed.

The Debtor can be reached at:

         Belinas GmbH
         Attn: Silvana Lina Miketta and Bernhard Oelsner,
         Managers
         Bad-Soden-Str. 58
         80807 Munich
         Germany


CHRYSLER LLC: Eyes Product & Plant Changes in North America
-----------------------------------------------------------
Chrysler LLC disclosed that it would make volume-related
reductions at several of its North American assembly and
powertrain plants, and eliminate four products from its
line-up.

Shifts will be eliminated at five North American assembly plants
which, combined with other volume-related manufacturing actions,
will lead to a reduction of 8,500-10,000 additional hourly jobs
through 2008.

Additional actions include reductions of salaried employment by
1,000 and supplemental (contract) employment by 37%.  The
Company also plans to eliminate hourly and salaried overtime and
reduce purchased services due to reduction in volume.

The volume-related actions are in addition to 13,000 jobs
eliminated by the three-year Recovery and Transformation Plan
announced in February.  The objectives of the RTP remain the
same.

"The market situation has changed dramatically in the eight
months since Chrysler established the Recovery and
Transformation Plan as its blueprint," Bob Nardelli, Chairman
and Chief Executive Officer, said.  "Annual industry volume
(U.S. market) then was running at a 17.2 million clip.  Now, we
expect a seasonally adjusted annual volume for 2007 to be
significantly lower and carry over into 2008."

"We have to move now to adjust the way our company looks and
acts to reflect a smaller market," Tom LaSorda, Vice Chairman
and President, added.  "That means a cost base that is right-
sized and an appropriate level of plant utilization."

Mr. LaSorda added that third-shift operations at assembly plants
usually reflect a high demand after a product is launched.  
Three of the five plants affected by this action are the result
of elimination of third shifts –- in Belvidere, Illinois;
Toledo, Ohio, and Brampton, Ontario.

In contract negotiations just concluded with the United Auto
Workers union, Chrysler committed to spending more than
US$15 billion on products, plants and engineering during the
life of the contract through 2011.

The company reported that it will eliminate four models through
2008, including Dodge Magnum, the convertible version of
Chrysler PT Cruiser, Chrysler Pacifica and Chrysler Crossfire.  
In the same time frame, Chrysler will add two all-new products
to its portfolio: the Dodge Journey and Dodge Challenger, along
with two new hybrid models, the Chrysler Aspen and Dodge
Durango.

"These actions reflect our new customer-driven philosophy and
allow us to focus our resources on new, more profitable and
appealing products," Jim Press, Vice Chairman and President,
added.  "Further, these product actions are all in response to
dealer requests."

                     Manufacturing Actions

Chrysler will eliminate shifts at five assembly plants, and take
further volume-related actions at several other facilities.  It
will:

   * drop third-shift operations at Belvidere Assembly Plant in
     Illinois in the first quarter 2008.  Belvidere builds the
     Dodge Caliber, Jeep Patriot and Jeep Compass.

   * drop second-shift operations at its Jefferson North
     Assembly Plant in Detroit, Michigan, in the first quarter
     2008.  It's expected that the plant will return to two
     shifts in first quarter 2010 with the introduction of the
     next generation of sport-utility vehicles.  The addition
     of a third shift will remain an option, depending on
     market demand.  Jefferson North builds the Jeep Grand
     Cherokee and Jeep Commander.

   * drop third-shift operations at the Toledo North Assembly
     Plant in Ohio in the first quarter 2008.  Toledo North
     builds the Jeep Liberty and Dodge Nitro.

   * drop third-shift operations at Brampton Assembly Plant in
     Ontario in first quarter 2008.  Brampton will build the
     Chrysler 300, Dodge Charger and Dodge Challenger.  The
     Dodge Magnum will be discontinued.

   * drop second shift operations at Sterling Heights Assembly
     Plant in Michigan in first quarter 2008.  Sterling Heights
     builds the Dodge Avenger and Chrysler Sebring sedans and
     Chrysler Sebring Convertible.

   * in addition, Mack Avenue Engine Plant II in Detroit,
     Michigan, will return to a traditional two-shift/two-crew
     operation in the first quarter 2008 after operating on a
     three-crew, two-shift, 120-hour-per-week (3/2/120)
     schedule.  Mack II builds the 3.7-liter V-6 engine.

"I’m confident that we have the right team in place and a
business plan that doesn’t need to be re-written," concluded Mr.
Nardelli.  "Like all good plans, the RTP has built-in
flexibility that allows us to stay one step ahead of market
change. And that is the way to long-term sustained
profitability."

                       About Chrysler LLC

Headquartered in Auburn Hills, Michigan, Chrysler LLC --
http://www.chrysler.com/-- produces Chrysler, Jeep(R), Dodge  
and Mopar(R) brand vehicles and products.

The company has dealers worldwide, including Canada, Mexico,
U.S., Germany, France, U.K., Argentina, Brazil, Venezuela,
China, Japan and Australia.

Chrysler is a unit of Cerberus Capital Management.

                          *     *     *

As reported in the Troubled Company Reporter on Oct. 31, 2007,
Standard & Poor's Ratings Services said its corporate credit
ratings on Chrysler LLC and DaimlerChrysler Financial Services
Americas LLC remain on CreditWatch with positive implications,
following the United Auto Workers' narrow approval of the new
Chrysler-UAW labor contract.  The ratings were placed on
CreditWatch on Sept. 26, 2007, based on S&P's belief that
Chrysler would reach a deal similar to the one General Motors
Corp. reached with the UAW on that date.

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 US$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
US$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
US$2 billion senior secured, second lien term loan in connection
with the closing of DaimlerChrysler AG's sale of a majority
interest of Chrysler Group to Cerberus Capital Management LLC.


CHRYSLER LLC: Overall October 2007 U.S. Sales Down 9%
-----------------------------------------------------
Chrysler LLC reported U.S. sales for October 2007 of 145,316
units; down 9% compared to October 2006 with 159,586 units sold.

"Growing concerns about the housing slump are showing up in
consumers’ expectations about future economic conditions as auto
sales for the month of October continue below trend levels,"
Darryl Jackson, Vice President – U.S. Sales, said.  "Today’s
company announcement on product changes reflects our customer-
driven philosophy and current market conditions."

Chrysler brand car sales were led by Sebring Sedan which posted
sales of 5,015 units, up 86% versus 2006 and Sebring Convertible
which finished the month with sales of 1,856 units, up 837%
versus October 2006.  Chrysler Town & Country sales rose 26% to
12,177 units versus October 2006 with 9,668 units.

Jeep(R) brand sales were down 21% year-over-year, driven by
planned fleet reductions.  Jeep Wrangler and Wrangler Unlimited
posted sales of 9,354 units, up 8% versus October 2006.

Dodge brand car sales increased 18% over last year, aided by
steady sales of the Dodge Avenger with 6,268 units delivered.

"Given the competitive market, our approach is to provide
substantial value to our consumers by offering consumer cash and
lease cash on the majority of our 2008 models in November,"
Michael Keegan, Vice President – Volume Planning and Sales
Operations, said.  "We will also introduce 0% APR for 36 months
on 2008 models through the end of the month."

Chrysler finished the month with 469,426 units of inventory, or
an 84-day supply.  Inventory is down by 8% compared to October
2006 when it was at 508,724 units.

                       About Chrysler LLC

Headquartered in Auburn Hills, Michigan, Chrysler LLC --
http://www.chrysler.com/-- produces Chrysler, Jeep(R), Dodge  
and Mopar(R) brand vehicles and products.

The company has dealers worldwide, including Canada, Mexico,
U.S., Germany, France, U.K., Argentina, Brazil, Venezuela,
China, Japan, and Australia.

Chrysler is a unit of Cerberus Capital Management.

                          *     *     *

As reported in the Troubled Company Reporter on Oct. 31, 2007,
Standard & Poor's Ratings Services said its corporate credit
ratings on Chrysler LLC and DaimlerChrysler Financial Services
Americas LLC remain on CreditWatch with positive implications,
following the United Auto Workers' narrow approval of the new
Chrysler-UAW labor contract.  The ratings were placed on
CreditWatch on Sept. 26, 2007, based on S&P's belief that
Chrysler would reach a deal similar to the one General Motors
Corp. reached with the UAW on that date.

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 US$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 US$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
US$2 billion senior secured, second lien term loan in connection
with the closing of DaimlerChrysler AG's sale of a majority
interest of Chrysler Group to Cerberus Capital Management LLC.


DACHDECKERFACHBETRIEB JENS: Claims Registration Ends December 11
----------------------------------------------------------------
Creditors of Dachdeckerfachbetrieb Jens Schmidt GmbH have until
Dec. 11 to register their claims with court-appointed insolvency
manager Marlies Greschuchna.

Creditors and other interested parties are encouraged to attend
the meeting at 10:00 a.m. on Jan. 8, 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 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:

         Marlies Greschuchna
         Am Steintor 13
         D 06112 Halle
         Germany
         Tel: 0345/6828831
         Fax: 0345/6828897

The District Court of Halle-Saalkreis opened bankruptcy
proceedings against Dachdeckerfachbetrieb Jens Schmidt GmbH on
Oct. 10.  Consequently, all pending proceedings against the
company have been automatically stayed.

The Debtor can be reached at:

         Dachdeckerfachbetrieb Jens Schmidt GmbH
         Attn: Jens Schmidt, Manager
         Schulstr. 11
         06179 Koechstedt
         Germany


DIE MOEBEL-TENNE: Claims Registration Ends December 10
------------------------------------------------------
Creditors of Die Moebel-Tenne GmbH have until Dec. 10 to
register their claims with court-appointed insolvency manager
Friedrich von Kaltenborn-Stachau.

Creditors and other interested parties are encouraged to attend
the meeting at 10:30 a.m. on Jan. 10, 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 Tostedt
         Meeting Hall I
         Linden 23
         21255 Tostedt
         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:

         Friedrich von Kaltenborn-Stachau
         Jungfernstieg 30
         20354 Hamburg
         Germany
         Tel: 040/3 50 06-188
         Fax: 040/3 50 06 176

The District Court of Tostedt opened bankruptcy proceedings
against Die Möbel-Tenne GmbH on Oct. 15.  Consequently, all
pending proceedings against the company have been automatically
stayed.

The Debtor can be reached at:

         Die Möbel-Tenne GmbH
         Sottorfer Dorfstr. 14
         21224 Rosengarten
         Germany

         Attn: Thorsten Junius, Manager
         Hauptstr. 45
         21224 Rosengarten
         Germany


ECOVATEC GMBH: Claims Registration Period Ends Dec. 5
-----------------------------------------------------
Creditors of Ecovatec GmbH have until Dec. 5 to register their
claims with court-appointed insolvency manager Martin Schoebe.

Creditors and other interested parties are encouraged to attend
the meeting at 9:40 a.m. on Jan. 10, 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 Ingolstadt
         Meeting Hall 28 I
         Schrannenstr. 3
         85049 Ingolstadt
         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:

         Martin Schoebe
         Marie-Curie-Strasse 6
         85055 Ingolstadt
         Germany
         Tel: 0841/9014-200
         Fax: 0841/9014-205

The District Court of Ingolstadt opened bankruptcy proceedings
against Ecovatec GmbH on Oct. 16.  Consequently, all pending
proceedings against the company have been automatically stayed.

The Debtor can be reached at:

         Ecovatec GmbH
         Lichtenheim 6A
         86706 Weichering
         Germany


FOOD & ROOM: Claims Registration Period Ends Nov. 30
----------------------------------------------------
Creditors of Food & Room GmbH have until Nov. 30 to register
their claims with court-appointed insolvency manager Axel W.
Bierbach.

Creditors and other interested parties are encouraged to attend
the meeting at 9:10 a.m. on Jan. 8, 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 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:

         Axel W. Bierbach
         Schwanthalerstr. 32
         80336 Munich
         Germany
         Tel: 54511-0
         Fax: 54511-444

The District Court of Munich opened bankruptcy proceedings
against Food & Room GmbH on Oct. 12.  Consequently, all pending
proceedings against the company have been automatically stayed.

The Debtor can be reached at:

         Food & Room GmbH
         An den Schrederwiesen 3
         80995 Munich
         Germany


IDEENKUECHE HANDELS: Claims Registration Period Ends Nov. 19
------------------------------------------------------------
Creditors of Ideenkueche Handels GmbH have until Nov. 19 to
register their claims with court-appointed insolvency manager
Christina Siegert.

Creditors and other interested parties are encouraged to attend
the meeting at 8:50 a.m. on Dec. 19, at which time the
insolvency manager will present her 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:

         Christina Siegert
         Oskar-von-Miller Ring 34-36
         80333 Munich
         Germany
         Tel: 089-24440930
         Fax: 089-244409365

The District Court of Munich opened bankruptcy proceedings
against Ideenkueche Handels GmbH on Oct. 9.  Consequently, all
pending proceedings against the company have been automatically
stayed.

The Debtor can be reached at:

         Ideenkueche Handels GmbH
         Attn: Werner Haidinger, Manager
         Leopoldstr. 254
         80807 Munich
         Germany


IMLINE GESELLSCHAFT: Claims Registration Period Ends Nov. 21
------------------------------------------------------------
Creditors of IMLINE Gesellschaft fuer Wohnungsbau und Beratung
mbH have until Nov. 21 to register their claims with court-
appointed insolvency manager Dirk Andres.

Creditors and other interested parties are encouraged to attend
the meeting at 2:10 p.m. on Dec. 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 Essen
         Meeting Hall 293
         Second Floor
         Zweigertstr. 52
         45130 Essen
         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. Dirk Andres
         Neuer Zollhof 3
         40221 Duesseldorf
         Germany

The District Court of Essen opened bankruptcy proceedings
against IMLINE Gesellschaft fuer Wohnungsbau und Beratung mbH on
Oct. 11.  Consequently, all pending proceedings against the
company have been automatically stayed.

The Debtor can be reached at:

         IMLINE Gesellschaft fuer Wohnungsbau und Beratung mbH
         Wienbachstrasse 22a
         46286 Dorsten
         Germany

         Attn:  Mike Cornelis, Manager
         Kinskamp 20
         46514 Schermbeck
         Germany


JOHS BAU: Claims Registration Ends December 10
----------------------------------------------
Creditors of Johs Bau GmbH have until Dec. 10 to register their
claims with court-appointed insolvency manager Anja Geske.

Creditors and other interested parties are encouraged to attend
the meeting at 8:00 a.m. on Jan. 8, 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 Wolfsburg
         Hall D
         Rothenfelder Strasse 43
         38440 Wolfsburg
         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:

         Anja Geske
         Adolfstrasse 21
         38102 Braunschweig
         Germany
         Tel: 0531 / 70 73 36 90
         Fax: 0531 / 7073 36 923

The District Court of Wolfsburg opened bankruptcy proceedings
against Johs Bau GmbH on Oct. 10.  Consequently, all pending
proceedings against the company have been automatically stayed.

The Debtor can be reached at:

         Johs Bau GmbH
         Attn: Sven Johannesson, Manager
         Dr.-Heinrich-Jasper-Str. 11
         38381 Jerxheim
         Germany


KLEINERT BAU: Claims Registration Period Ends Nov. 29
-----------------------------------------------------
Creditors of Kleinert Bau- und Demontage-Service Gesellschaft
mbH have until Nov. 29 to register their claims with court-
appointed insolvency manager Irmgard Niemeyer-Uhlmann.

Creditors and other interested parties are encouraged to attend
the meeting at 9:30 a.m. on Jan. 10, 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 Dresden
         Hall D131
         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:

         Irmgard Niemeyer-Uhlmann
         Blasewitzer Strasse 41
         01307 Dresden
         Germany
         E-mail: http://www.kanzlei-nul.de  


The District Court of Dresden opened bankruptcy proceedings
against Kleinert Bau- und Demontage-Service Gesellschaft mbH on
Oct. 15.  Consequently, all pending proceedings against the
company have been automatically stayed.

The Debtor can be reached at:

         Kleinert Bau- und Demontage-Service Gesellschaft mbH
         Siemensstrasse 8
         01257 Dresden
         Germany


MBOXX GMBH: Claims Registration Ends December 13
------------------------------------------------
Creditors of mboxx GmbH have until Dec. 13 to register their
claims with court-appointed insolvency manager Wilfried Koller.

Creditors and other interested parties are encouraged to attend
the meeting on Jan. 10, 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 Hannover         
         Hamburger Allee 26
         30161 Hannover
         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:

         Wilfried Koller
         Schiffgraben 59
         30175 Hannover
         Germany
         Tel: 0511 342129
         Fax: 0511 3480645

The District Court of Hannover opened bankruptcy proceedings
against mboxx GmbH on Oct. 16.  Consequently, all pending
proceedings against the company have been automatically stayed.

The Debtor can be reached at:

         mboxx GmbH
         Attn: Benjamin Vierke, Manager
         Kronenstr. 8a
         30161 Hannover
         Germany


MICHAEL SAUPE: Claims Registration Ends December 12
---------------------------------------------------
Creditors of Michael Saupe, Sanitare Installation, Heizungsbau,
Reparatur und Wartung GmbH have until Dec. 12 to register their
claims with court-appointed insolvency manager Dr. Christian
Willmer.

Creditors and other interested parties are encouraged to attend
the meeting at 9:40 a.m. on Jan. 9, 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 Hannover
         Hall 226
         Second Upper Floor
         Service Bldg.
         Hamburger Allee 26
         30161 Hannover
         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. Christian Willmer
         Walle 5
         31535 Neustadt
         Germany
         Tel: 05032 9831030
         Fax: 05032 9831032

The District Court of Hannover opened bankruptcy proceedings
against Michael Saupe, Sanitare Installation, Heizungsbau,
Reparatur und Wartung GmbH on Oct. 11.  Consequently, all
pending proceedings against the company have been automatically
stayed.

The Debtor can be reached at:

         Michael Saupe, Sanitare Installation,
         Heizungsbau, Reparatur und Wartung GmbH
         Attn: Michael Saupe, Manager
         Dudenserstr. 11
         31535 Neustadt
         Germany


NETVITAL MANAGEMENT: Claims Registration Period Ends Nov. 20
------------------------------------------------------------
Creditors of netVital Management GmbH have until Nov. 20 to
register their claims with court-appointed insolvency manager
Thomas Kloeckner.

Creditors and other interested parties are encouraged to attend
the meeting at 8:45 a.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 Wolfratshausen
         Meeting Halll 3/I         
         Bahnhofstrasse 18
         Wolfratshausen
         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 Kloeckner
         Hans-Urmiller-Ring 11
         82515 Wolfratshausen
         Germany
         Tel: 08171/38730-100
         Fax: 08171/38730-222

The District Court of Wolfratshausen opened bankruptcy
proceedings against netVital Management GmbH on Oct. 17.  
Consequently, all pending proceedings against the company have
been automatically stayed.

The Debtor can be reached at:

         netVital Management GmbH
         Koenigsdorferstr. 2
         83646 Bad Toelz
         Germany


ORTHOPADIE-TECHNIK KNOP: Claims Registration Ends December 3
------------------------------------------------------------
Creditors of Orthopadie-Technik Knop & Kloer GmbH have until
Dec. 3 to register their claims with court-appointed insolvency
manager  Thomas Erdmann.

Creditors and other interested parties are encouraged to attend
the meeting at 11:00 a.m. on Jan. 14, 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 Celle
         Hall 014
         Muehlenstrasse 4
         29221 Celle
         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 Erdmann
         Einfrielinger Weg 4
         29614 Soltau
         Germany
         Tel: 05191-96730
         Fax: 05191-967320
         E-mail: Rae.Erdmann@t-online.de   

The District Court of Celle opened bankruptcy proceedings
against Orthopadie-Technik Knop & Kloer GmbH on Oct. 12.  
Consequently, all pending proceedings against the company have
been automatically stayed.

The Debtor can be reached at:

         Orthopadie-Technik Knop & Kloer GmbH
         Attn: Stephan-Christian Kloer, Manager
         Kirchhof 19
         29640 Schneverdingen
         Germany


SPECTRUM BRANDS: Completes Sale of Canadian Home & Garden Unit
--------------------------------------------------------------
Spectrum Brands has completed the sale of the Canadian division
of its Home & Garden business segment, which operates under the
name Nu-Gro.

As reported in the Troubled Company Reporter on Oct. 19, 2007,
Spectrum Brands disclosed its plans of postponing its strategic
asset sale process due to recent challenging conditions in the
credit markets.

On Sept. 28, 2007, the company signed a definitive agreement to
sell the Canadian division of its Home & Garden business segment
to a new company formed by RoyCap Merchant Banking Group and
Clarke Inc.  

Net proceeds from the sale will be utilized to reduce Spectrum
Brands' outstanding debt balance.  The company currently
estimates that its FY 2008 peak seasonal borrowing needs will be
reduced by approximately US$45 million as a result of cash
proceeds from the transaction and the elimination of the working
capital requirement for the Canadian Home & Garden business in
the 2008 lawn and garden selling season.

In addition, the company reiterated its commitment to further
reducing outstanding indebtedness and leverage through the
sale of assets.

Headquartered in Atlanta, Georgia, Spectrum Brands Inc. (NYSE:
SPC) -- http://www.spectrumbrands.com/-- is a consumer products  
company and a supplier of batteries and portable lighting, lawn
and garden care products, specialty pet supplies, shaving and
grooming and personal care products, and household insecticides.  
Spectrum Brands' products are sold by the world's top 25
retailers and are available in more than one million stores in
120 countries around the world.  The company has manufacturing
and distributi