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 Wednesday, January 23, 2008, Vol. 9, No. 16 Headlines A U S T R I A ACE HAUSSANIERUNG: Vienna Court Orders Business Shutdown ASEE INDUSTRIEMONTAGE: Claims Registration Period Ends March 4 BAUSCH & LOMB: Acquiring eyeonics for Surgical Business BAUSCH & LOMB: Expects Up to US$414 Mln EBITDA for 2007 BIO-ABFALLVERWERTUNG: Creditors' Meeting Slated for February 5 G.K. HAUSTECHNIK: Creditors' Meeting Slated for February 5 GUTMAYER LLC: Korneuburg Court Orders Business Shutdown HSIA LLC: Claims Registration Period Ends February 20 MICHAEL BACHMEIER: Vienna Court Orders Business Shutdown MM HANDEL: Claims Registration Period Ends January 28 NAD KEG: Creditors' Meeting Slated for February 5 OMEGA-BAU: Creditors' Meeting Slated for February 6 PERIODICA TRANSPORT: Linz Court Orders Business Shutdown RM BAU PLANUNGS: Claims Registration Period Ends January 25 S.V. ROHR-MONTAGE: Claims Registration Period Ends March 4 STACHER GASTRONOMIE: Claims Registration Period Ends January 25 B E L G I U M SENSIENT TECH: Declares US$0.18 Per Share Quarterly Dividend F I N L A N D QUEBECOR WORLD: Files for Chapter 11 Protection in Manhattan QUEBECOR WORLD: Case Summary & 57 Largest Unsecured Creditors F R A N C E ALCATEL-LUCENT SA: Inks BRL2 Bln Deal with Brasil Telecom ARROW ELECTRONICS: Acquiring Indian Distribution Business Assets G E R M A N Y AUTOVERTRIEB-INSTANDSETZUNG: Claims Registration Ends February 6 BAD LAUCHSTADTER: Claims Registration Ends February 11 BAUGESCHAFT WOHLERS: Claims Registration Period Ends February 7 BAYRAKTAR DIENSTLEISTUNGEN: Claims Registration Ends February 7 ENERGIESPARHAUS NORD: Claims Period Ends January 29 ERICH BERNHARD: Claims Registration Period Ends January 28 EURO-OFFICE: Claims Registration Period Ends February 7 KEICO MOEBEL: Claims Registration Ends February 10 KOCH KLEEBERG: Claims Registration Period Ends February 3 KORN GMBH: Claims Registration Period Ends February 8 MANFRED KAMRATH: Claims Registration Period Ends February 8 MITTELDEUTSCHE DRAHTINDUSTRIE: Claims Registration Ends Feb. 11 NESTLER ENTSORGUNGS: Claims Registration Ends February 11 PIN GROUP: Hamburg Unit Files for Insolvency; Bags Mail Contract PRINCIPALHAIR GMBH: Claims Registration Period Ends February 7 R & R AUTOHANDEL: Claims Registration Ends February 11 ROEHLL NUTZFAHRZEUG: Creditors' Meeting Slated for February 14 RUEDIGER HALLE: Claims Registration Period Ends January 31 SACHWERT VERMOEGENSAUFBAU: Claims Period Ends January 8 TEXTILHANDELSGESELLSCHAFT MBH: Claims Period Ends January 31 UNTERNEHMEN GRUEN: Claims Registration Period Ends January 31 H U N G A R Y FLEXTRONICS INT'L: Dr. Willy Shih Joins Board of Directors I R E L A N D BENCHMARK ELECTRONICS: Earns US$22 Million in 2007 Third Quarter I T A L Y PARMALAT SPA: Creditors Convert Warrants for 46,169 Shares K A Z A K H S T A N ASTYK-98 LLP: Proof of Claim Deadline Slated for February 14 IRTYSH LTD-PV: Creditors Must File Claims by February 20 JELDORRESURSY LTD: Claims Filing Period Ends February 20 MEGAPOLIS AKTOBE: Creditors' Claims Due on February 14 REMGORSERVICE-2003 LLP: Claims Registration Ends February 14 RETRO STROY: Proof of Claim Deadline Slated for February 14 RT-GAS LLP: Creditors Must File Claims by February 20 TECHNO STROY: Claims Filing Period Ends February 20 UBAGAN B: Creditors' Claims Due on February 14 K Y R G Y Z S T A N GALAXY AIR: Creditors Must File Claims by February 8 KYRGYZPROMSTROYBANK JSC: Krygyz National Bank Freezes Assets UNITED TRANS: Claims Filing Period Ends February 12 L U X E M B O U R G EVRAZ GROUP: EC Extends Highveld Asset Sale Deadline to April 20 N E T H E R L A N D S BIOMET INC: Earn US$89 Mil. in Second Quarter Ended November 30 ELM B.V.: Moody's May Further Downgrade Junk Rating After Review KONINKLIJKE AHOLD: May Sell Schuitema Stake to CVC Capital R U S S I A CHEREMKHOVSKY MECHANICAL: Asset Sale Slated for February 5 EVRAZ GROUP: EC Extends Highveld Asset Sale Deadline to April 20 INMASH OJSC: Asset Sale Slated for February 8 KARMASKALYKOMBIKORM: Creditors Must File Claims by February 29 LEKSIKA OJSC: Competitive Proceedings Slated for November 25 MEDITA LLC: Creditors Must File Claims by February 29 NORTH-WEST TELECOM: S&P Affirms Credit Ratings at BB- NOVOLIPETSK STEEL: Annual Steel Production Down 0.8% in 2007 ROSNEFT OIL: Commences Buy Out Offers on Former Yukos Units UNIVERSAL-PLUS OJSC: Bidding Deadline Slated for February 27 VOLGATELECOM OJSC: S&P Affirms BB- Ratings with Stable Outlook YAMALLES OJSC: Creditors Must File Claims by February 29 ZEMLEDELETS CJSC: Bankruptcy Hearing Slated for March 25 S W E D E N AVNET INC: Signs Definitive Pact Acquiring Azzurri Tech SOLID FORSAKRINGSAKTIEBOLAG: A.M. Best Puts FSR at B (Fair) S W I T Z E R L A N D ARTMART SCHWEIZ: Creditors' Liquidation Claims Due by January 28 ATELIER PRB: Creditors' Liquidation Claims Due by January 28 AURAM JSC: Creditors' Liquidation Claims Due by January 28 AVENTICON JSC: Creditors' Liquidation Claims Due by January 25 DUSS TECHNICS: Lucerne Court Starts Bankruptcy Proceedings SIPAG SCHWEIZERISCHE: St. Gallen Court Starts Bankruptcy Process U K R A I N E BUILDING LINE: Creditors Must File Claims by January 24 GALICHSUGAR OJSC: Creditors Must File Claims by January 24 GONG LLC: Creditors Must File Claims by January 24 GOVERLA LLC: Creditors Must File Claims by January 24 INTER-STYLE LLC: Creditors Must File Claims by January 24 KOLOS LLC: Creditors Must File Claims by January 24 KOLOS OJSC: Proofs of Claim Filing Deadline Set January 24 KRASNY FRONT: Proofs of Claim Filing Deadline Set January 24 KURIAZHSKY HOUSEBUILDING: Claims Filing Deadline Set January 24 SEVERNOYE LLC: Creditors Must File Claims by January 24 SNAMO LLC: Creditors Must File Claims by January 24 ZODCHIY LLC: Creditors Must File Claims by January 24 U N I T E D K I N G D O M BINLEY LTD: Brings In Liquidators from Smith & Williamson BOMBARDIER INC: To Supply 24 Units to Angel Trains for US$65 Mln BOMBARDIER INC: Fitch Lifts Ratings on US$1BB Debt Redemption CHRYSLER LLC: Appoints New Execs; Senior VP Cortez to Retire DURA AUTOMOTIVE: Wants to Assume GM Component Supply Agreement EMI GROUP: Terra Firma Outlines Restructuring Plan FANBANTA LTD: Appoints PwC as Joint Administrators FEDERAL-MOGUL: 75 Chapter 11 Cases Dismissed Effective Dec. 27 LEE-MICKLETHWAIT LTD: Calls In Liquidators from Tenon Recovery MCMULLAN PLANT: Names Joint Administrators from KPMG MINERVA WORKSMAART: Taps Liquidators from BDO Stoy Hayward NORTHERN ROCK: UK Outlines Financing Package for Private Buyers NORTHERN ROCK: S&P Lowers EUR400 Million Preference Shares to B ORBIS PLC: Brings In Joint Administrators from Ernst & Young SANYO ELECTRIC: To Sell Mobile Phone Unit to Kyocera for JPY50BB SANYO ELECTRIC: To Introduce Age Limit for Executives in April SEA CONTAINERS: Wants SC Iberia and YMCL Guarantees Approved SITEX GROUP: Taps Joint Administrators from Ernst & Young TATA MOTORS: In Talks with Dunlop India for Tire Supply UBS LTD: Moody's Rates EUR100 Mil. Financial Default Swap at Ba2 WYKE JOINERY: Appoints Liquidators from Mazars ********* ============= A U S T R I A ============= ACE HAUSSANIERUNG: Vienna Court Orders Business Shutdown -------------------------------------------------------- The Trade Court of Vienna entered Dec. 10, 2007, an order shutting down the business of LLC ACE Haussanierung (FN 164141i). Court-appointed estate administrator Carl Knittl 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. Carl Knittl c/o Mag. Horst Winkelmayr Porzellangasse 22A/7 1090 Vienna Austria Tel: 532 47 77 Fax: 532 47 77 50 E-Mail: rae@kniwi.at Headquartered in Vienna, Austria, the Debtor declared bankruptcy on Dec. 4, 2007 (Bankr. Case No FN 164141i). Horst Winkelmayr represents Dr. Knittl in the bankruptcy proceedings. ASEE INDUSTRIEMONTAGE: Claims Registration Period Ends March 4 -------------------------------------------------------------- Creditors owed money by LLC ASEE Industriemontage und Schweisstechni (FN 240664v) have until March 4, 2008, to file written proofs of claim to court-appointed estate administrator Birgit Linder at: Mag. Birgit Linder c/o Dr. Edmund Roehlich Am Heumarkt 9/I/11 1030 Vienna Austria Tel: 713 46 51 Fax: 713 84 35 E-mail: proksch@eurojuris.at Creditors and other interested parties are encouraged to attend the creditors' meeting at noon on March 18, 2008, 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 Dec. 7, 2007 (Bankr. Case No. 6 S 158/07p). Edmund Roehlich represents Mag. Linder in the bankruptcy proceedings. BAUSCH & LOMB: Acquiring eyeonics for Surgical Business ------------------------------------------------------- Bausch & Lomb, Inc. has entered into a definitive agreement to acquire eyeonics, inc. Financial terms of the transaction, which is expected to close during the first quarter of 2008 subject to standard regulatory approval, were not disclosed. Upon completion of the acquisition, eyeonics' operations will become part of Bausch & Lomb's surgical business, which offers a complete line of standard intraocular lenses, phacoemulsification equipment, vitreoretinal and refractive products to ophthalmologists worldwide. The U.S. surgical business will be led by J. Andy Corley, eyeonics' co-founder, chairman, and chief executive officer. eyeonics, founded in 1998, developed and markets the crystalens intraocular lens (IOL), the first and only U.S. Food and Drug Administration-approved accommodating IOL for the treatment of cataracts. The crystalens IOL replaces the eye's natural lens and has been implanted in more than 95,000 eyes worldwide. Accommodation is the eye's method to achieve near-distance focusing by altering the curvature of the natural crystalline lens, allowing a person to easily read small type used in books, restaurant menus, and on computer monitors. As the natural lens ages, accommodation decreases. This results in a condition known as presbyopia for most people over age 40, for which reading glasses are commonly required. Other approved IOLs only permit focusing at a fixed distances, while the crystalens IOL mimics the accommodating characteristics of a natural lens. "This represents our first acquisition since Bausch & Lomb became a private company in a transaction led by Warburg Pincus," said Ronald L. Zarrella, chairman and CEO, Bausch & Lomb. "We are excited to enter a new phase of growth and innovation, and believe the eyeonics acquisition is another sign of our commitment to delivering innovative, high-quality products to ophthalmologists and patients worldwide." Mr. Zarrella continued, "This acquisition immediately places Bausch & Lomb into the rapidly expanding premium IOL market. The crystalens technology complements our existing cataract surgical business, including our Stellaris Vision Enhancement System and our portfolio of monofocal IOLs. The acquisition also adds leadership depth, as Andy and his team bring a strong track record of product innovation and growth to the company. We look forward to their contributions as part of the Bausch & Lomb family." The global premium IOL market is growing in excess of 20% annually. This growth rate is fueled by an increasing demand for technological advancements by cataract patients worldwide. In 2007, eyeonics generated revenues of around US$34 million, an increase of 100% over the prior year revenues of approximately US$17 million. Its crystalens IOL is estimated to represent approximately 30% of the presbyopic IOL market in the United States. "We expect that this transaction will lead to accelerated adoption of the crystalens IOL, given Bausch & Lomb's global sales and marketing reach and brand equity," said Andy Corley. "Through the extensive Bausch & Lomb sales and marketing organization, we expect to quickly and significantly expand the appreciation for the distinct patient benefits offered by the crystalens. In addition, the unsurpassed optics R&D expertise of Bausch & Lomb will help further advance our technology. Our entire management team is excited about becoming part of the Bausch & Lomb organization at the outset of its new partnership with Warburg Pincus. We believe Bausch & Lomb's deepened commitment to ophthalmology will further drive the crystalens IOL's market acceptance as well as growth of the entire surgical product portfolio." "I've been using the crystalens accommodating IOL for several years, and continue to be impressed with the positive impact it makes on my patients' lifestyles and quality of life," said Dr. Richard Lindstrom, the founder of Minnesota Eye Consultants and an internationally-recognized ophthalmologist. "Now, with the crystalens IOL carrying the globally-known Bausch & Lomb brand, surgeons can be even more confident in presenting this option to their patients. I fully expect to see even further evolution of the crystalens IOL and related technologies, considering the esteemed reputations and innovative cultures of both companies." The crystalens IOL was approved by the FDA in November 2003. About eyeonics eyeonics, founded in 1998, developed and markets the crystalens intraocular lens, the first and only U.S. Food and Drug Administration-approved accommodating IOL for the treatment of cataracts. The crystalens IOL replaces the eye's natural lens and has been implanted in more than 95,000 eyes worldwide. About Bausch & Lomb Headquartered in Rochester, New York, Bausch & Lomb Inc. (NYSE: BOL) -- http://www.bausch.com/-- develops, manufactures, and markets eye health products, including contact lenses, contact lens care solutions, and ophthalmic surgical and pharmaceutical products. The company is organized into three geographic segments: the Americas; Europe, Middle East, and Africa; and Asia (including operations in India, Australia, China, Hong Kong, Japan, Korea, Malaysia, the Philippines, Singapore, Taiwan and Thailand). In Latin America, the company has operations in Brazil and Mexico. In Europe, the company maintains operations in Austria, Germany, the Netherlands, Spain, and the United Kingdom. * * * As of Jan. 23, 2008, Bausch & Lomb carries B2 Corporate Family and Probability-of-Default ratings, B1 Bank Loan Debt rating and Caa1 Senior Unsecured Debt rating from Moody's Investor Service, which said the outlook is stable. The company also carries B+ Foreign and Local Issuer Credit ratings from Standard & Poor's. BAUSCH & LOMB: Expects Up to US$414 Mln EBITDA for 2007 ------------------------------------------------------- Bausch & Lomb Inc. disclosed certain preliminary and unaudited fourth-quarter and full-year 2007 financial metrics. While the company has not yet finalized its financial close process, including purchase accounting associated with the recently completed merger with affiliates of Warburg Pincus, it currently projects it will report fourth-quarter net sales of between US$654 million and US$660 million, compared to US$597.6 million in the same period in 2006. That would represent an increase of approximately 10%, or approximately 4% growth excluding the effects of changes in foreign currency exchange rates. The Company currently projects fourth-quarter Adjusted EBITDA of between US$120 million and US$126 million, compared to US$85.7 million in the year-ago period. For the full year, Bausch & Lomb currently projects it will report net sales between US$2.513 billion and US$2.519 billion, compared to US$2.292 billion in 2006. That would represent an increase of approximately 10%, or approximately 6% growth excluding the effects of changes in foreign currency exchange rates. The Company currently projects full-year Adjusted EBITDA of between US$408 million and US$414 million, compared to US$338.5 million in 2006. About Bausch & Lomb Headquartered in Rochester, New York, Bausch & Lomb Inc. (NYSE: BOL) -- http://www.bausch.com/-- develops, manufactures, and markets eye health products, including contact lenses, contact lens care solutions, and ophthalmic surgical and pharmaceutical products. The company is organized into three geographic segments: the Americas; Europe, Middle East, and Africa; and Asia (including operations in India, Australia, China, Hong Kong, Japan, Korea, Malaysia, the Philippines, Singapore, Taiwan and Thailand). In Latin America, the company has operations in Brazil and Mexico. In Europe, the company maintains operations in Austria, Germany, the Netherlands, Spain, and the United Kingdom. * * * As of Jan. 23, 2008, Bausch & Lomb carries B2 Corporate Family and Probability-of-Default ratings, B1 Bank Loan Debt rating and Caa1 Senior Unsecured Debt rating from Moody's Investor Service, which said the outlook is stable. The company also carries B+ Foreign and Local Issuer Credit ratings from Standard & Poor's. BIO-ABFALLVERWERTUNG: Creditors' Meeting Slated for February 5 -------------------------------------------------------------- Creditors owed money by KEG BIO-ABFALLVERWERTUNG Stelzhammer (FN 142356y) are encouraged to attend the creditors' meeting at 9:10 a.m. on Feb. 5, 2008. The creditors' meeting will be held at: The Land Court of St. Poelten Room 216 Second Floor Old Building St. Poelten Austria Headquartered in Obritzberg, Austria, the Debtor declared bankruptcy on Dec. 12, 2007 (14 S 201/07k). Hans Pucher serves as the court-appointed estate administrator of the bankrupt's estate. The estate administrator can be reached at: Dr. Hans Pucher Wiener Strasse 3 3100 St. Poelten Austria Tel: 02742/35 43 55 Fax: 02742/35 14 35 E-mail: office@gpls.at G.K. HAUSTECHNIK: Creditors' Meeting Slated for February 5 ---------------------------------------------------------- Creditors owed money by LLC G.K. Haustechnik (FN 275973v) are encouraged to attend the creditors' meeting at 9:30 a.m. on Feb. 5, 2008. The creditors' meeting will be held at: The Land Court of Linz Hall 522 Fifth Floor Linz Austria Headquartered in Linz, Austria, the Debtor declared bankruptcy on Dec. 17, 2007 (38 S 65/07y). Rene Lindner serves as the court-appointed estate administrator of the bankrupt's estate. Markus Dutzler represents Mag. Lindner in the bankruptcy proceedings. The estate administrator can be reached at: Mag. Rene Lindner c/o Mag. Markus Dutzler Am Winterhafen 11 4020 Linz Austria Tel: 0732/784080-12 Fax: 0732/784080-4 E-mail: konkurs@ra-hlp.at GUTMAYER LLC: Korneuburg Court Orders Business Shutdown ------------------------------------------------------- The Land Court of Korneuburg entered Dec. 10, 2007 an order shutting down the business of LLC Gutmayer (FN 63203x). Court-appointed estate administrator Christof Stapf 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. Christof Stapf c/o Mag. Michael Neuhauser Esslinggasse 7 1010 Vienna Austria Tel: 01/90 333 Fax: 01/90 333 44 E-mail: wien@snwlaw.at Headquartered in Poysdorf, Austria, the Debtor declared bankruptcy on Dec. 10, 2007 (Bankr. Case No 32 S 23/07f). Michael Neuhauser represents Dr. Stapf in the bankruptcy proceedings. HSIA LLC: Claims Registration Period Ends February 20 ----------------------------------------------------- Creditors owed money by LLC Hsia (FN 70589h) have until Feb. 20, 2008, to file written proofs of claim to court-appointed estate administrator Reinhard Lachinger at: Dr. Reinhard Lachinger Am Hafen 6 2100 Korneuburg Austria Tel: 02262/619 38 Fax: 02262/619 38 33 E-mail: office@drlachinger.at Creditors and other interested parties are encouraged to attend the creditors' meeting at 1:30 p.m. on March 5, 2008, for the examination of claims. The meeting of creditors will be held at: The Land Court of Korneuburg Room 204 Second Floor Korneuburg Austria Headquartered in Langenzersdorf, Austria, the Debtor declared bankruptcy on Dec. 20, 2007 (Bankr. Case No. 36 S 149/07i). MICHAEL BACHMEIER: Vienna Court Orders Business Shutdown -------------------------------------------------------- The Trade Court of Vienna entered Jan. 23, 2008, an order shutting down the business of KEG Michael Bachmeier (FN 253276s). Court-appointed estate administrator Sieglinde Schubert 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. Sieglinde Schubert c/o Mag. Herbert Schaffler Alserstrasse 13/1/2/7 1080 Vienna Austria Tel: 368 49 50 Fax: 368 49 50 50 E-mail: sieglindeschubert@aon.at Headquartered in Vienna, Austria, the Debtor declared bankruptcy on Dec. 5, 2007 (Bankr. Case No 2 S 168/07d). Herbert Schaffler represents Dr. Schubert in the bankruptcy proceedings. MM HANDEL: Claims Registration Period Ends January 28 ----------------------------------------------------- Creditors owed money by LLC MM Handel (FN 291583z) have until Jan. 28, 2008, to file written proofs of claim to court- appointed estate administrator Georg Maxwald at: Dr. Georg Maxwald Dametzstrasse 51 4020 Linz Austria Tel: 77 11 41 Fax: 78 30 44 E-mail: maxwald-bauer@aon.at Creditors and other interested parties are encouraged to attend the creditors' meeting at 11:30 a.m. on Feb. 11, 2008, for the examination of claims. The meeting of creditors will be held at: The Land Court of Linz Room 522 Fifth Floor Linz Austria Headquartered in Linz, Austria, the Debtor declared bankruptcy on Dec. 12, 2007 (Bankr. Case No. 12 S 94/07x). NAD KEG: Creditors' Meeting Slated for February 5 ------------------------------------------------- Creditors owed money by KEG NAD (FN 229684x) are encouraged to attend the creditors' meeting at 9:20 a.m. on Feb. 5, 2008. The creditors' meeting will be held at: The Trade Court of Vienna Room 1609 Vienna Austria Headquartered in Vienna, Austria, the Debtor declared bankruptcy on Dec. 13, 2007 (38 S 66/07v). Dr. Guenther Hoedl serves as the court-appointed estate administrator of the bankrupt's estate. The estate administrator can be reached at: Dr. Guenther Hoedl Schulerstrasse 18 1010 Vienna Austria Tel: 513 16 55 Fax: 513 16 55 33 E-mail: Hoedl@anwaltsteam.at OMEGA-BAU: Creditors' Meeting Slated for February 6 --------------------------------------------------- Creditors owed money by LLC OMEGA-Bau (FN 103640m) are encouraged to attend the creditors' meeting at 9:00 a.m. on Feb. 6, 2008. The creditors' meeting will be held at: The Land Court of Korneuburg Room 204 Second Floor Korneuburg Austria Headquartered in Hainburg an der Donau, Austria, the Debtor declared bankruptcy on Jan. 23, 2007 (36 S 146/07y). Stephan Riel serves as the court-appointed estate administrator of the bankrupt's estate. Alexander Schoeller represents Dr. Riel in the bankruptcy proceedings. The estate administrator can be reached at: Dr. Stephan Riel c/o Dr. Alexander Schoeller Landstrasser Hauptstrasse 1/2 1030 Vienna Austria Tel: 01/713 44 33 Fax: 01/713 10 33 E-mail: kanzlei@jsr.at PERIODICA TRANSPORT: Linz Court Orders Business Shutdown -------------------------------------------------------- The Land Court of Linz entered Dec. 7, 2007, an order shutting down the business of LLC Periodica Transport (FN 296442w). Court-appointed estate administrator Rudolf Anton Mitterlehner 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. Rudolf Anton Mitterlehner Landstrasse 9 4020 Linz Austria Tel: 0732/771653-0 Fax: 0732/771653-18 E-mail: office@bom.at Headquartered in Hagenberg, Austria, the Debtor declared bankruptcy on Dec. 6, 2007 (Bankr. Case No 12 S 91/07f). RM BAU PLANUNGS: Claims Registration Period Ends January 25 ----------------------------------------------------------- Creditors owed money by LLC RM BAU Planungs u. Projektmanagement (FN 67228s) (fka LLC RM Bau Planungs- Bau- und Handel) have until Jan. 25, 2008, to file written proofs of claim to court- appointed estate administrator Helmut Schmid at: Mag. Helmut Schmid Kalchberggasse 6-8 8010 Graz Austria Tel: 0316/821114-0 Fax: 0316/821114-79 E-mail: office@schmid-horn.at Creditors and other interested parties are encouraged to attend the creditors' meeting at 2:00 p.m. on Feb. 7, 2008, for the examination of claims. The meeting of creditors will be held at: The Land Court of Graz Room 230 Hall L Graz Austria Headquartered in Graz, Austria, the Debtor declared bankruptcy on Dec. 14, 2007 (Bankr. Case No. 25 S 130/07s). S.V. ROHR-MONTAGE: Claims Registration Period Ends March 4 ---------------------------------------------------------- Creditors owed money by LLC S.V. Rohr-Montage (FN 247990t) have until March 4, 2008, to file written proofs of claim to court- appointed estate administrator Andrea Simma at: Dr. Andrea Simma c/o Dr. Guenther Hoedl Schulerstrasse 18 1010 Vienna Austria Tel: 513 67 03 Fax: 513 67 03 33 E-mail: RA_Simma@aon.at Creditors and other interested parties are encouraged to attend the creditors' meeting at 12:15 p.m. on March 18, 2008, 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 Dec. 10, 2007 (Bankr. Case No. 6 S 159/07k). Guenther Hoedl represents Dr. Simma in the bankruptcy proceedings. STACHER GASTRONOMIE: Claims Registration Period Ends January 25 --------------------------------------------------------------- Creditors owed money by LLC Stacher Gastronomie (FN 128599t) have until Jan. 25, 2008, to file written proofs of claim to court-appointed estate administrator Heimo Hofstatter at: Dr. Heimo Hofstatter Marburgerkai 47 8010 Graz Austria Tel: 0316/815454-0 Fax: 0316/815454-22 E-mail: advokat@hofstaetter.co.at Creditors and other interested parties are encouraged to attend the creditors' meeting at 2:15 p.m. on Feb. 7, 2008, for the examination of claims. The meeting of creditors will be held at: The Land Court of Graz Room 230 Hall L Graz Austria Headquartered in Graz, Austria, the Debtor declared bankruptcy on Dec. 20, 2007 (Bankr. Case No. 25 S 128/07x). ============= B E L G I U M ============= SENSIENT TECH: Declares US$0.18 Per Share Quarterly Dividend ------------------------------------------------------------ Sensient Technologies Corporation's Board of Directors has declared a regular quarterly cash dividend on its common stock of US$0.18 per share. The cash dividend will be paid on March 3, 2008, to shareholders of record on Feb. 8, 2008. Headquartered in Milwaukee, Wisconsin, Sensient Technologies Corp. -- http://www.sensient-tech.com/-- manufactures and markets colors, flavors and fragrances. Sensient also employs technologies to develop specialty chemicals for inkjet inks, display imaging systems and other applications. The company's principal products include flavors, flavor enhancers and bionutrients; fragrances and aroma chemicals; dehydrated vegetables and other food ingredients; natural and synthetic food colors; cosmetic and pharmaceutical additives; inkjet inks, technical colors, and specialty dyes and pigments, and chemicals for laser printing and flat screen displays. In Europe, Sensient maintains operations facilities and/or sales offices in Belgium, Bosnia, Croatia, Cyprus, Czech Republic, Germany, United Kingdom, France, Estonia, United Kingdom, Macedonia, Poland, Romania, Serbia and Montenegro, Turkey, Ukraine, and Wales. In Latin America, it has operations in Argentina, Bolivia, Brazil, Colombia, Costa Rica, Chile, Mexico, Peru, Uruguay and Venezuela. * * * On July 2007, Standard & Poor's Ratings Services has revised its outlook on Milwaukee, Wis.-based Sensient Technologies Corp. to stable from negative. At the same time, Standard & Poor's affirmed its 'BB+' corporate credit and senior unsecured debt ratings on the company. Approximately USUS$508 million of debt was outstanding as of June 30, 2007. ============= F I N L A N D ============= QUEBECOR WORLD: Files for Chapter 11 Protection in Manhattan ------------------------------------------------------------ Quebecor World Inc. has filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court for the Southern District of New York after a deal to raise new money failed, Chris Fournier of the Bloomberg News reports. Quebecor World also obtained an order for creditor protection under the Companies' Creditors Arrangement Act in Canada. Under the terms of the order, Ernst & Young Inc. will serve as the monitor under the CCAA process and will assist the company in formulating its restructuring plan. As reported in the Troubled Company Reporter on Jan. 17, 2008, the company had accepted a CDNUS$400 million rescue financing proposal submitted jointly by Quebecor Inc. and Tricap Partners Ltd., a private equity fund managed by Brookfield Asset Management Inc. The proposal contemplates an interim financing facility of CDNUS$200 million, which will be made available to the company in accordance with its cash flow needs, subject to receipt or waiver on Jan. 16, 2008. The financing further contemplates that on or prior to March 31, 2008, the CDNUS$200 million interim facility will be replaced by a recapitalization plan comprised of an aggregate CDNUS$400 million issuance of Senior Secured Notes due 2012 to Quebecor Inc. and Tricap Partners. As reported in the Troubled Company Reporter on Jan. 18, 2008, Quebecor World said that it was unable to pay the US$19.5 million interest due Jan. 15, 2008, on its outstanding US$400 million 9.75% Senior Notes due 2015. The publishing company had difficulties trying to raise money after banking institutions further restricted credit terms, which was prompted by U.S. subprime mortgage losses, Bloomberg relates. According to CEO Jacques Mallette, market conditions spurred the company to seek for bankruptcy protection, Bloomberg says. "Under the circumstances, it was probably the best thing for them to do," Bloomberg quotes Jarislowsky Fraser Ltd. partner Denis Durand. In addition, Quebecor World disclosed that in connection with the waivers obtained from its banking syndicate and the sponsors of its securitization program on Dec. 31, 2007, it had not obtained by Jan. 15, 2008, US$125 million of new financing, as had been required under the terms of the waivers, the TCR reports. Parent company Quebecor Inc. and subsidiary, Quebecor Media Inc., have not filed for bankruptcy protection. About Quebecor World Inc. Based in Montreal, Quebec, Quebecor World Inc. (TSX: IQW)(NYSE:IQW), -- http://www.quebecorworldinc.com/-- provides market solutions, including marketing and advertising activities, well as print solutions to retailers, branded goods companies, catalogers and to publishers of magazines, books and other printed media. It has 127 printing and related facilities located in North America, Europe, Latin America and Asia. In the United States, it has 82 facilities in 30 states, and is engaged in the printing of books, magazines, directories, retail inserts, catalogs and direct mail. In Canada it has 17 facilities in five provinces, through which it offers a mix of printed products and related value-added services to the Canadian market and internationally. The company is an independent commercial printer in Europe with 19 facilities, operating in Austria, Belgium, Finland, France, Spain, Sweden, Switzerland and the United Kingdom. In March 2007, it sold its facility in Lille, France. Quebecor World (USA) Inc. is its wholly owned subsidiary. * * * As reported in the Troubled Company Reporter on Nov. 29, 2007, Standard & Poor's Ratings Services lowered its preferred stock rating on Quebecor World Inc. two notches to 'C' from 'CCC-'. The company's other ratings, including the 'B-' long-term corporate credit rating, remain unchanged. All ratings are on CreditWatch with negative implications, where they were initially placed Aug. 9, 2007. QUEBECOR WORLD: Case Summary & 57 Largest Unsecured Creditors ------------------------------------------------------------- Lead Debtor: Quebecor World (U.S.A.), Inc. 150 42nd Street New York, NY 10034 Bankruptcy Case No.: 08-10152 Debtor-affiliates filing separate Chapter 11 petitions: Entity Case No. ------ -------- Quebecor World Capital II, L.L.C. 08-10153 Quebecor World Capital Corp. 08-10154 Quebecor World Capital II, G.P. 08-10155 Quebecor Printing Holding Co. 08-10156 Quebecor World Johnson & Hardin Co. 08-10157 Quebecor World Buffalo, Inc. 08-10158 Quebecor World San Jose, Inc. 08-10159 Quebecor World Northeast Graphics, Inc. 08-10160 Quebecor World U.P./Graphics, Inc. 08-10161 Quebecor World Great Western Publishing, 08-10162 Inc. Type of Business: The Debtors provide market solutions, including marketing and advertising activities, and print solutions to retailers, branded goods companies, catalogers and to publishers of magazines, books and other printed media. They have around 100 printing and related facilities in North America, Latin America and Asia. In the United States, they have 82 facilities in 30 states, and are engaged in the printing of books, magazines, directories, catalogs and direct mail. In Canada, they have 17 facilities in five provinces, through which they offer a mix of printed products and related value-added services to the Canadian market and internationally. Their primary print services categories are magazines, retail inserts, catalogs, books, directories, direct mail, pre-media, logistics and other related value-added services. See http://www.quebecorworldinc.com/ Chapter 11 Petition Date: January 21, 2008 Court: Southern District of New York (Manhattan) Debtors' Counsel: Anthony D. Boccanfuso, Esq. Arnold & Porter, L.L.P. 399 Park Avenue New York, NY 10022 Tel: (212) 715-1315 Fax: (212) 715-1399 Consolidated Quarterly Financial Condition as of September 2007 Total Assets: US$5,554,900,000 Total Debts: US$4,140,700,000 Debtors' Consolidated List of 57 Largest Unsecured Creditors: Entity Nature of Claim Claim Amount ------ --------------- ------------ Royal Bank of Canada as revolving credit US$735,000,000 Administrative Agent under a facility; value Revolving Credit Facility of security: Attention: Nigel Delph US$135,000,000 One Liberty Plaza, 4th Floor New York, NY 10006-1404 Wilmington Trust Co., as notes US$450,000,000 Indenture Trustee for 8.75% Senior Notes due in 2016 Attention: Geoffrey J. Lewis Rodney Square North 1100 North Market Street Wilmington, DE 19801 Tel: (302) 636-6438 Fax: (302) 636-4145 notes (as indenture US$400,000,000 trustee for 9.75% senior notes due in 2015) notes (as indenture US$398,200,000 trustee for 6.125% senior notes due in 2013) notes (as indenture US$199,900,000 trustee for 4.875% senior notes due in 2008) Societe Generale (Canada), equipment financing US$184,321,796 under an Equipment Financing loan; value of Agreement security: Attention: Benoit Desmarais, US$135,000,000 Managing Director Export Finance 1501 McGill College Avenue, Bureau 1800 Montreal (Quebec) H3A 3M8 Tel: (514) 841-6014 Fax: (514) 841-6259 Abitibi Consolidated Sales trade debt US$9,256,226 A.R. Department 1228 Paysphere Circle Chicago, IL 60674 Tel: (914) 640-8600 Fax: (914) 640-8900 Cellmark Paper, Inc. trade debt US$6,633,295 A.R. Department P.O. Box 7777 Philadelphia, PA 19175-0509 Tel: (203) 363-7820 Fax: (203) 363-7825 Midland Paper trade debt US$5,488,174 A.R. Department 6330 West Sunset Road Chicago, IL 60674 Tel: (847) 777-2552 Fax: (847) 777-2551 Bowater, Inc. trade debt US$4,082,616 A.R. Department P.O. Box 7 Catawba, SC 29704 Tel: (800) 952-1582 Fax: (803) 282-9562 A.I.G. Credit Corp. of Canada premium financing US$3,694,951 Attention: Isabelle Gervais, agreement Branch Manager, Assistant Vice-President 2000 McGill College Avenue, Suite 1200 Montreal, QC H3A 3H3 Canada Tel: (514) 987-2905 Fax: (514) 987-5326 Catalyst Paper, Inc. trade debt US$3,339,490 A.R. Department 3600 Lysander Lane, 2nd Floor Richmond, B.C. CA. V7B 1C3 Tel: (604) 247-4400 Fax: (604) 247-0512 The Bank of New York as notes US$3,200,000 Indenture Trustee for 6.50% Senior Notes Due in 2027 Attention: Arlene Thelwell Assistant Vice-President Global Trust Services, Americas 101 Barclay Street, 4E New York, NY 10286 Tel: (212) 815-4869 Fax: (212) 815-5008 Graphic Communications trade debt US$2,610,161 A.R. Department International Union Local 765 70 Fox Chapel Drive Hudson, OH 44239 Tel: (330) 668-1993 Fax: (330) 650-8999 Norske Skog U.S.A., Inc. trade debt US$2,448,176 A.R. Department P.O. Box 8500-52978 Philadelphia, PA 19178-2978 Tel: (203) 254-5292 Fax: (203) 254-5290 Stora Enso North America trade debt US$2,408,160 A.R. Department 2386 Collections, Center Drive Chicago, IL 60693-0023 Tel: (800) 888-70STORA Fax: (203) 356-2375 Packaging Corp. of America trade debt US$2,214,339 A.R. Department 36596 Treasury Center Chicago, IL 60694-6500 Tel: (334) 749-1788 Fax: (847) 482-4545 U.P.M. Kymmeme, Inc. trade debt US$2,016,229 A.R. Department 999 Oakmont Plaza, Suite 200 Westmont, IL 60559 Tel: (630) 850-3310 Fax: (630) 850-3322 Myllykoski North America trade debt US$1,904,950 A.R. Department P.O. Box 4235, Station A Toronto, ON, CA M5W 5P7 Tel: (514) 878-1977 Fax: (514) 878-2155 Aaron Direct trade debt US$1,795,527 A.R. Department 161 Washington Street, 11th Floor Conshohocken, PA 19428 Tel: (610) 940-0800 Fax: (610) 940-0132 Day International, Inc. trade debt US$1,461,126 A.R. Department P.O. Box 643526 Pittsburgh, PA 15264-3526 Tel: (800) 877-8187 Fax: (513) 226-1466 NewPage Corp. trade debt US$1,441,655 A.R. Department 23504 Network Place Chicago, IL 60673-1235 Tel: (847) 285-4800 Fax: (847) 285-4846 At Clayton Corp. trade debt US$1,376,237 A.R. Department P.O. Box 911405 Dallas, TX 75391-1405 Tel: (203) 861-1190 Fax: (203) 861-1170 Roosevelt Paper Co. trade debt US$1,063,058 A.R. Department P.O. Box 790208 St. Louis, MO 63179 Tel: (800) 323-1778 Fax: (708) 771-7979 Horizon Paper Co. trade debt US$1,030,897 A.R. Department P.O. Box 10374 Newark, NJ 07193-0374 Tel: (212) 682-5820 Fax: (212) 986-0689 Quebecor World Baird-Ward, pension plan US$900,000 Inc. Retirement Plan funding Attention: Helen Levine State Street Bank and Trust Co., N.A. Two World Financial Center 225 Liberty Street New York, NY 10281 Tel: (917) 790-4172 Fax: (917) 786-2096 Quebecor World Buffalo, Inc. pension plan US$990,000 Retirement Plan for Hourly funding Employees Attention: Helen Levine State Street Bank and Trust Co., N.A. Two World Financial Center 225 Liberty Street New York, NY 10281 Tel: (917) 790-4172 Fax: (917) 786-2096 Quebecor World Kingsport, Inc. pension plan US$990,000 Retirement Plan for Hourly funding Bargaining Unit Employees of Kingsport, Hawkins, Sherwood and Distribution Attention: Helen Levine State Street Bank and Trust Co., N.A. Two World Financial Center 225 Liberty Street New York, NY 10281 Tel: (917) 790-4172 Fax: (917) 786-2096 Quebecor World Mount Morris pension plan US$990,000 II, Inc. Employees' Pension funding Plan Attention: Helen Levine State Street Bank and Trust Co., N.A. Two World Financial Center 225 Liberty Street New York, NY 10281 Tel: (917) 790-4172 Fax: (917) 786-2096 The Pension Plan for Hourly pension plan US$990,000 Employees of the Salem Gravure funding Division of Quebecor World (U.S.A.), Inc. Attention: Helen Levine State Street Bank and Trust Co., N.A. Two World Financial Center 225 Liberty Street New York, NY 10281 Tel: (917) 790-4172 Fax: (917) 786-2096 Quebecor World Pension Plan pension plan US$990,000 Attention: Helen Levine State funding Street Bank and Trust Co., N.A. Two World Financial Center 225 Liberty Street New York, NY 10281 Tel: (917) 790-4172 Fax: (917) 786-2096 Milwood, Inc. trade debt US$931,984 A.R. Department P.O. Box 960 Vienna, OH 44473-0960 Tel: (330) 359-5220 Fax: (330) 359-5781 Nippon Paper Industries U.S.A. trade debt US$899,188 Co. A.R. Department P.O. Box 11626 Tacoma, WA 98411-6626 Tel: (206) 623-1772 Fax: (360) 457-8675 Atmos Energy Marketing, L.L.C. utility debt US$897,041 A.R. Department 13430 Northwest Freeway, Suite 700 Houston, TX 77040 Tel: (713) 688-7771 A.E.P. Industries trade debt US$872,832 A.R. Department P.O. Box 8500-50590 Philadelphia, PA 19178-8500 Tel: (800) 477-AEPI Fax: (708) 389-3515 Blue Heron Paper Co. trade debt US$848,968 A.R. Department 1200 West 7th Street, Suite T2-210 Department 2964 Oregon, OR 97045-1809 Tel: (503) 650-4211 Fax: (503) 650-4595 H.B. Fuller Co. trade debt US$834,873 A.R. Department P.O. Box 73515 Chicago, IL 60673-7515 Tel: (888) 351-3521 Fax: (214) 285-8739 Xpedx trade debt US$815,551 A.R. Department P.O. Box 32467 Hartford, CT 06150-2467 Tel: (201) 934-5115 Fax: (201) 934-5188 Tembec Enterprises, Inc. trade debt US$783,953 A.R. Department 4542 Paysphere Circle Chicago, IL 60674 Tel: (819) 627-8111 Fax: (819) 627-3177 Verso Paper trade debt US$757,133 A.R. Department 3630 Park 42 Drive, Suite 160D Cincinnati, OH 45069 Tel: (800) 258-8852 Fax: (888) 293-0958 Oji Paper Canada, Ltd. trade debt US$725,518 A.R. Department 1200 West 73rd Avenue, Suite 1100 Port Mellon, BC CA VON 2S0 Tel: (604) 884-5223 Fax: (604) 884-2170 Federal Express trade debt US$666,199 A.R. Department P.O. Box 1140, Department A Memphis, TN 38101-1140 Tel: (800) 622-1147 Fax: (901) 395-2000 Rock Tenn Co. trade debt US$617,010 A.R. Department P.O. Box 102064 Norcross, GA 30071 Tel: (770) 448-2193 Fax: (678) 291-7666 Stadacona, Inc. trade debt US$603,882 A.R. Department 1000 Stewart Avenue Glen Burnie, MD 79443 Tel: (410) 590-8298 Fax: (418) 525-2995 Preprint Logistics Management trade debt US$597,628 A.R. Department 105 Filley Street, Unit A Bloomfield, CT 06002 Tel: (800) 596-2335 Fax: (860) 286-9290 Caraustar trade debt US$582,410 A.R. Department 3082 Pacific Avenue Austell, GA 30106 Tel: (770) 948-6101 Fax: (770) 732-6209 Forbo Adhesives trade debt US$581,447 A.R. Department Station A Toronto, ON CA M5W 4K9 Tel: (919) 433-1300 Fax: (919) 433-1301 Gould Paper Corp. trade debt US$532,047 A.R. Department 2148 Paysphere Circle Chicago, IL 60674-2148 Tel: (847) 441-6820 Fax: (847) 490-5376 Goss International Americas trade debt US$504,402 A.R. Department Lockbox 835055 Atlanta, GA 30353-5055 Tel: (603) 740-5965 Fax: (603) 940-5970 M.E.G.T.E.C. Systems, Inc. trade debt US$495,562 A.R. Department Lockbox 14268 Chicago, IL 60693-4268 Tel: (920) 336-5715 Fax: (920) 337-1534 Georgia Power Co. utility belt US$489,781 A.R. Department 241 Ralph McGill Boulevard Northeast Atlanta, GA 30308 Tel: (404) 506-6526 Fax: (404) 506-3771 M.S.C. Industrial Supply Co., trade debt US$483,826 Inc. A.R. Department Department Ch 0075 Palatine, IL 60055-0075 Tel: (800) 645-7271 Randstad Staffing Services trade debt US$476,637 A.R. Department P.O. Box 2084 Carol Stream, IL 60132-2084 Tel: (877) 922-2468 Applied Industrial trade debt US$476,257 A.R. Department 22510 Network Place Chicago, IL 60673-1225 Tel: (216) 426-4000 Fax: (216) 426-4822 Merced Irrigation District utility debt US$467,385 A.R. Department Merced Irrigation District 744 West 20th Street Merced, CA 95340 Tel: (209) 722-5761 Fax: (209) 722-6421 Motion Industries, Inc. trade debt US$458,562 A.R. Department P.O. Box 404130 Atlanta, GA 30384-4130 Tel: (209) 529-0261 Fax: (209) 529-1812 Hess Corp. utility debt US$422,835 A.R. Department 1185 Avenue of the Americas New York, NY 10036 Tel: (212) 997-8500 Fax: (212) 536-8593 Sempra Energy Solutions utility debt US$386,623 A.R. Department 101 Ash Street, 9th Floor San Diego, CA 92101 Tel: (619) 696-3100 Fax: (619) 696-3103 Suez Energy Resources utility belt US$383,783 A.R. Department Corporate Communications Suez Energy North America, Inc. 1990 Post Oak Boulevard, Suite 1900 Tel: (713) 636-0000 Fax: (713)636-1364 =========== F R A N C E =========== ALCATEL-LUCENT SA: Inks BRL2 Bln Deal with Brasil Telecom --------------------------------------------------------- Alcatel-Lucent SA has signed an almost BRL2 billion contract with Brasil Telecom Participacoes for maintenance of network, Brasil Telecom said in a statement. Dow Jones Newswires relates that Alcatel-Lucent won the two-year contract against Ericsson and Nokia Siemens Networks. The contract can be extended. Alcatel-Lucent will be responsible for the administration and maintenance of Brasil Telecom's fixed-line and wireless telephony infrastructure and data transmission network. Brasil Telecom hopes it will lessen costs. The network's maintenance is one of Brasil Telecom's principle outlays, representing almost 10% of all expenses in the first nine months of 2007, Dow Jones states. About Brasil Telecom Headquartered in Brasilia, Brazil, Brasil Telecom Participacoes SA -- http://www.brasiltelecom.com.br/-- is a holding company that conducts substantially all of its operations through its wholly owned subsidiary, Brasil Telecom SA. The fixed-line telecommunications services offered to the company's customers include local services, including all calls that originate and terminate within a single local area in the region, as well as installation, monthly subscription, measured services, public telephones and supplemental local services; intra-regional long- distance services, which include intrastate and interstate calls; interregional and international long-distance services; network services, including interconnection and leasing; data transmission services; wireless services, and other services. About Alcatel-Lucent Headquartered in Paris, France, Alcatel-Lucent S.A. -- http://www.alcatel-lucent.com/-- provides solutions that enable service providers, enterprises and governments worldwide to deliver voice, data and video communication services to end users. Alcatel-Lucent maintains operations in 130 countries, including, Austria, Germany, Hungary, Italy, Netherlands, Ireland, Canada, United States, Costa Rica, Dominican Republic, El Salvador, Guatemala, Peru, Venezuela, Indonesia, Australia, Brunei and Cambodia. * * * As reported in the TCR-Europe Nov. 9, 2007, Moody's Investors Service downgraded to Ba3 from Ba2 the Corporate Family Rating of Alcatel-Lucent. The ratings for senior debt of the group were equally lowered to Ba3 from Ba2 and the trust preferred notes of Lucent Technologies Capital Trust I have been downgraded to B2 from B1. At the same time, Moody's affirmed its Not-Prime rating for short-term debt of Alcatel-Lucent. Moody's said the outlook for the ratings is stable. Alcatel-Lucent's Long-Term Corporate Credit rating and Senior Unsecured Debt carry Standard & Poor's Ratings Services' BB rating. Its Short-Term Corporate Credit rating stands at B. ARROW ELECTRONICS: Acquiring Indian Distribution Business Assets ---------------------------------------------------------------- Arrow Electronics Inc. agreed to acquire all of the assets related to the franchise components distribution business of Hynetic Electronics and Shreyanics Electronics in India, effective Jan. 1, 2008. Privately owned, Hynetic Electronics and Shreyanics Electronics are leading electronic component distributors in India. "I am delighted to add the components distribution business of Hynetic to our expanding franchise in the Asia Pac region, further strengthening our leadership position in the fast- growing Indian marketplace. The Hynetic business is similar to Arrow's, with its demand-creation business model and strong engineering capabilities, and we anticipate meaningful synergies between our two businesses. Hynetic's complementary linecard and experienced sales professionals will allow us to expand our product portfolio and offer improved services and support to our business partners," said Michael J. Long, president of Arrow Global Components. "This acquisition will be beneficial to Arrow, with an expanded customer base focusing on the rapidly growing small- and medium- sized market and additional strategic product lines, which are critical for Arrow to further expand market share in India. At the same time, Hynetic's customers and suppliers gain instant access to Arrow's specialized expertise, technical resources, supply chain solutions and extensive logistics capabilities," said Peter Kong, president of Arrow Asia Pacific. About Arrow Electronics Headquartered in Melville, New York, Arrow Electronics Inc. -- http://www.arrow.com/-- provides products, services and solutions to industrial and commercial users of electronic components and computer products. Arrow serves as a supply channel partner for nearly 600 suppliers and more than 130,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of over 270 locations in 53 countries and territories. The company operates in France, Spain, Portugal, Denmark, Estonia, Finland, Ireland, Latvia, Lithuania, Norway, Sweden, Italy, Germany, Austria, Switzerland, Belgium, the Netherlands, United Kingdom, Argentina, Brazil, Mexico, Australia, China, Hong Kong, Korea, Philippines and Singapore. * * * Arrow Electronics senior subordinated stock continues to carry Moody's Investors Service's Ba1 rating. The company's senior preferred stock is rated at Ba2. ============= G E R M A N Y ============= AUTOVERTRIEB-INSTANDSETZUNG: Claims Registration Ends February 6 ---------------------------------------------------------------- Creditors of Autovertrieb-Instandsetzung "Motor" GmbH have until Feb. 6, 2008, to register their claims with court-appointed insolvency manager Christian Schuetze. Creditors and other interested parties are encouraged to attend the meeting at 10:30 a.m. on Feb. 27, 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 Cottbus Hall 210 First Floor Gerichtsplatz 2 03046 Cottbus 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: Christian Schuetze Lieberoser Strasse 07 03046 Cottbus Germany The District Court of Cottbus opened bankruptcy proceedings against Autovertrieb-Instandsetzung "Motor" GmbH on Jan. 4, 2008. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Autovertrieb-Instandsetzung "Motor" GmbH Karl-Marx-Str. 91 03172 Guben Germany BAD LAUCHSTADTER: Claims Registration Ends February 11 ------------------------------------------------------ Creditors of Bad Lauchstadter Hausbau GmbH have until Feb. 11, 2008, to register their claims with court-appointed insolvency manager Dr. Stephan Thiemann. Creditors and other interested parties are encouraged to attend the meeting at 10:05 on March 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 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: Dr. Stephan Thiemann Schorlemmerstrasse 2 04155 Leipzig Germany Tel: 0341/4903650 Fax: 0341/4903699 The District Court of Halle-Saalkreis opened bankruptcy proceedings against Bad Lauchstadter Hausbau GmbH on Dec. 19, 2007. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Bad Lauchstadter Hausbau GmbH Tschaikowskistr. 2 06886 Wittenberg Germany BAUGESCHAFT WOHLERS: Claims Registration Period Ends February 7 --------------------------------------------------------------- Creditors of Baugeschaft Wohlers GmbH have until Feb. 7, 2008, to register their claims with court-appointed insolvency manager Christian Willmer. Creditors and other interested parties are encouraged to attend the meeting at 8:30 a.m. on Feb. 11, 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 Verden (Aller) Hall 212 Main Building Johanniswall 8 27283 Verden (Aller) Germany The Court will also verify the claims set out in the insolvency manager's report at 9:05 a.m. on April 4, 2008, at the same venue. The insolvency manager can be reached at: Dr. Christian Willmer Georgstr. 5 27283 Verden (Aller) Germany Tel: 04231/884-45 Fax: 04231/884-55 The District Court of Verden (Aller) opened bankruptcy proceedings against Baugeschaft Wohlers GmbH on Jan. 1, 2008. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Baugeschaft Wohlers GmbH Rundenweg 1 27321 Emtinghausen Germany BAYRAKTAR DIENSTLEISTUNGEN: Claims Registration Ends February 7 --------------------------------------------------------------- Creditors of Bayraktar Dienstleistungen GmbH have until Feb. 7, 2008, to register their claims with court-appointed insolvency manager Dr. Thorsten Fuest. Creditors and other interested parties are encouraged to attend the meeting at 10:00 a.m. on Feb. 28, 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 Bielefeld Hall 4065 Fourth Floor Gerichtstrasse 66 33602 Bielefeld 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. Thorsten Fuest Gerichtstr. 3 33602 Bielefeld Germany The District Court of Bielefeld opened bankruptcy proceedings against Bayraktar Dienstleistungen GmbH on Jan. 1, 2008. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Bayraktar Dienstleistungen GmbH Paderborner Str. 75 33689 Bielefeld Germany ENERGIESPARHAUS NORD: Claims Period Ends January 29 --------------------------------------------------- Creditors of Energiesparhaus Nord GmbH have until Jan. 29, 2008, to register their claims with court-appointed insolvency manager Wilhelm Salim Khan Durani. Creditors and other interested parties are encouraged to attend the meeting at 9:30 a.m. on Feb. 11, 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 Kiel Hall 3 Deliusstr. 22 Kiel 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: Wilhelm Salim Khan Durani Sell Speicher/Wall 55 24103 Kiel Germany Tel: 0431/600530 Fax: 0431/6005360 The District Court of Kiel opened bankruptcy proceedings against Energiesparhaus Nord GmbH on Jan. 2, 2008. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Energiesparhaus Nord GmbH Attn: Mathias Barzel, Mananager Schuelperbaum 33 24103 Kiel Germany ERICH BERNHARD: Claims Registration Period Ends January 28 ---------------------------------------------------------- Creditors of Erich Bernhard Hefe-Grosshandel und Backereibedarf GmbH & Co. KG have until Jan. 28, 2008, to register their claims with court-appointed insolvency manager Dr. Hans Joerg Laudenbach. Creditors and other interested parties are encouraged to attend the meeting at 9:00 a.m. on Feb. 28, 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 Giessen Hall 406 Fourth Floor Building B Gutfleischstrasse 1 35390 Giessen 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. Hans Joerg Laudenbach Carlo Mierendorff Strasse 15 35398 Giessen Germany Tel: 0641/98292-10 Fax: 0641/98292-16 The District Court of Giessen opened bankruptcy proceedings against Erich Bernhard Hefe-Grosshandel und Backereibedarf GmbH & Co. KG on Jan. 4, 2008. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Erich Bernhard Hefe-Grosshandel und Backereibedarf GmbH & Co. KG Attn: Bodo Joecks, Manager Schuetzenstr. 1 35398 Giessen Germany EURO-OFFICE: Claims Registration Period Ends February 7 ------------------------------------------------------- Creditors of Euro-Office am Albertplatz GmbH have until Feb. 7, 2008, to register their claims with court-appointed insolvency manager Olaf Seidel. Creditors and other interested parties are encouraged to attend the meeting at 9:00 a.m. on March 20, 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: Olaf Seidel Weisseritzstrasse 3 01067 Dresden Germany Web site: http://www.worako.de/ The District Court of Dresden opened bankruptcy proceedings against Euro-Office am Albertplatz GmbH on Dec. 21, 2007. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Euro-Office am Albertplatz GmbH Ammonstrasse 35 01309 Dresden Germany KEICO MOEBEL: Claims Registration Ends February 10 -------------------------------------------------- Creditors of KEICO Moebel GmbH have until Feb. 10, 2008, to register their claims with court-appointed insolvency manager Dr. Dirk Rueffert. Creditors and other interested parties are encouraged to attend the meeting at 10:00 a.m. on Feb. 29, 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 Aurich Hall 115 Schlossplatz 2 26603 Aurich 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 Rueffert Donnerschweer Str. 398, D 26123 Oldenburg Germany Tel: 0441/340770 Fax: 0441/34077340 The District Court of Aurich opened bankruptcy proceedings against KEICO Moebel GmbH on Jan. 1, 2008. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: KEICO Moebel GmbH Erwin Koehler Duenenkamp 11 26556 Westerholt Germany KOCH KLEEBERG: Claims Registration Period Ends February 3 --------------------------------------------------------- Creditors of Koch Kleeberg GmbH & Co. ELBE Twinny Load KG have until Feb. 3, 2008, to register their claims with court- appointed insolvency manager Andreas Ringstmeier. Creditors and other interested parties are encouraged to attend the meeting at 12:05 p.m. on Feb. 21, 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 Cologne Meeting Hall 14 Ground Floor Luxemburger Strasse 101 50939 Cologne 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. Andreas Ringstmeier Magnusstr. 13 50672 Cologne Germany The District Court of Cologne opened bankruptcy proceedings against Koch Kleeberg GmbH & Co. ELBE Twinny Load KG on Dec. 17, 2007. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Koch Kleeberg GmbH & Co. ELBE Twinny Load KG Bleriotstr. 12 50827 Cologne Germany KORN GMBH: Claims Registration Period Ends February 8 ----------------------------------------------------- Creditors of Korn GmbH Bad have until Feb.8, 2008, to register their claims with court-appointed insolvency manager Ralf-M. Doerr. Creditors and other interested parties are encouraged to attend the meeting at 9:45 a.m. on March 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 Ansbach Meeting Room 3 Promenade 8 91522 Ansbach 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: Ralf-M. Doerr Merckstr. 5 91522 Ansbach Germany Tel: 0981/9531960 Fax: 0981/9531969 The District Court of Ansbach opened bankruptcy proceedings against Korn GmbH Bad on Jan. 7, 2008. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Korn GmbH Bad Heizung & mehr Lichtenauerstr. 7 91639 Wolframs-Eschenbach Germany MANFRED KAMRATH: Claims Registration Period Ends February 8 ----------------------------------------------------------- Creditors of Manfred Kamrath GmbH have until Feb. 8, 2008, to register their claims with court-appointed insolvency manager Axel W. Bierbach. Creditors and other interested parties are encouraged to attend the meeting at 9:20 a.m. on March 3, 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 Manfred Kamrath GmbH on Jan. 1, 2008. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Manfred Kamrath GmbH Henschelring 6 85551 Kirchheim Germany MITTELDEUTSCHE DRAHTINDUSTRIE: Claims Registration Ends Feb. 11 --------------------------------------------------------------- Creditors of Mitteldeutsche Drahtindustrie Magdeburg GmbH have until Feb. 11, 2008, to register their claims with court- appointed insolvency manager Sabine von Stein-Lausnitz. Creditors and other interested parties are encouraged to attend the meeting at 10:10 a.m. on March 10, 2008, 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 Magdeburg Hall 114 Judicial Center Breiter Weg 203-206 39104 Magdeburg 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: Sabine von Stein-Lausnitz Hegelstr. 39 39104 Magdeburg Germany Tel: 0391/5982244 Fax: 0391/5982158 The District Court of Magdeburg opened bankruptcy proceedings against Mitteldeutsche Drahtindustrie Magdeburg GmbH on Dec. 20, 2007. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Mitteldeutsche Drahtindustrie Magdeburg GmbH Attn: Hans Dieter Curland, Manager Schoenebecker Str. 73 39104 Magdeburg Germany NESTLER ENTSORGUNGS: Claims Registration Ends February 11 --------------------------------------------------------- Creditors of Nestler Entsorgungs Dienstleistungen GmbH have until Feb. 11, 2008, to register their claims with court- appointed insolvency manager Dr. Dirk Herzig. Creditors and other interested parties are encouraged to attend the meeting at 10:15 a.m. on March 3, 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 D132 Olbrichtplatz 1 01099 Dresden Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Dr. Dirk Herzig Boltenhagener Platz 9 01109 Dresden Germany Web site: http://www.schubra.de/ The District Court of Dresden opened bankruptcy proceedings against Nestler Entsorgungs Dienstleistungen GmbH on Dec. 31, 2007. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Nestler Entsorgungs Dienstleistungen GmbH Attn: Robert Hessland, Manager Magazinstr. 15 a 01099 Dresden Germany PIN GROUP: Hamburg Unit Files for Insolvency; Bags Mail Contract ---------------------------------------------------------------- PIN Group AG's Hamburg unit has filed for insolvency, threatening the loss of 600 jobs, the Financial Times reports, citing Handelsblatt. FT says PIN's insolvencies, which has now totaled to 18 out of 91 subsidiaries, have affected 3,700 jobs all in all. As previously stated in a TCR-Europe report, the insolvencies came after publishing group Axel Springer AG, which owns a 63.7% stake in PIN, resolved to stop funding the company following the German government's decision to introduce minimum wages of EUR8- EUR9.80 for the postal industry. A TCR-Europe report on Jan. 18, 2008, disclosed that Horst Piepenburg, head of the management board at PIN, is looking to sell the company as a whole as he tries to avert further insolvencies. Meanwhile, PIN has won a one-year contract with Germany's Deutsche Bahn, FT relates, citing Suddeutsche Zeitung. The contract, FT adds, is worth a low seven-figure sum. PIN told Suddeutsche Zeitung the deal is encouraging. The company earlier launched a sales offensive against Deutsche Post, which Suddeutsche Zeitung reveals, bagged the remainder of Deutsche Bahn's mail contracts. About PIN Group AG PIN Group AG -- http://www.pin-group.net/-- is the second- largest provider in the German mail services market. The group has more than 60 regional subsidiaries, and in 2006 became a national integrated provider by setting up an efficient nationwide distribution network. PIN currently covers around 96 %of Germany primarily through its own distributional networks complemented by regional co-operations. PIN was founded in September 2005 by Axel Springer AG, WAZ Media Group, Georg von Holtzbrinck Publishing Group and Luxembourg- based Rosalia AG, when the stakeholders bundled their respective mail service activities. PIN reported consolidated revenues of EUR168.3 million for the 2006 financial year. The group generated 68% of its earnings through regional mail service activities with the remaining 32% coming from national mail services. In the first quarter of 2007 the company's revenues rose to EUR71.3 million versus EUR30 million in the first quarter of 2006. The company expects revenues to more than double in the current year. On the basis of market share growth PIN Group aims at achieving revenues of EUR1.5 to EUR2 billion by 2015. PRINCIPALHAIR GMBH: Claims Registration Period Ends February 7 -------------------------------------------------------------- Creditors of principalhair GmbH & Co. KG have until Feb. 7, 2008, to register their claims with court-appointed insolvency manager Dr. Stephan Thiemann. Creditors and other interested parties are encouraged to attend the meeting at 11:00 a.m. on Feb. 28, 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 Muenster Meeting Hall 13 B Gerichtsstr. 2-6 48149 Muenster Germany The Court will also verify the claims set out in the insolvency manager's report during this meeting, while creditors may constitute a creditors' committee or opt to appoint a new insolvency manager. The insolvency manager can be reached at: Dr. Stephan Thiemann Ludgeristr. 54 48143 Muenster Germany Tel: 0251/16283-0 Fax: +492511628311 The District Court of Muenster opened bankruptcy proceedings against principalhair GmbH & Co. KG on Dec. 31, 2007. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: principalhair GmbH & Co. KG Kanalstrasse 44 48147 Muenster Germany R & R AUTOHANDEL: Claims Registration Ends February 11 ------------------------------------------------------ Creditors of R & R Autohandel GmbH have until Feb. 11, 2008, to register their claims with court-appointed insolvency manager Peter Henz. Creditors and other interested parties are encouraged to attend the meeting at 9:30 a.m. on March 3, 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 Bielefeld Meeting Hall 4065 Fourth Floor Gerichtstrasse 66 33602 Bielefeld 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: Peter Henz Rietberger Str. 28 33378 Rheda-Wiedenbrueck Germany The District Court of Bielefeld opened bankruptcy proceedings against R & R Autohandel GmbH on Jan. 2, 2008. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: R & R Autohandel GmbH Attn: Stefanie Meyer Eichberg, Manager Hauptstr. 200 33378 Rheda-Wiedenbrueck Germany ROEHLL NUTZFAHRZEUG: Creditors' Meeting Slated for February 14 -------------------------------------------------------------- The court-appointed insolvency manager for Roehll Nutzfahrzeug- und Service GmbH, Christoph Schulte-Kaubruegger, will present his first report on the Company's insolvency proceedings at a creditors' meeting at 11:50 a.m. on Feb. 14, 2008. The meeting of creditors and other interested parties will be held at: The District Court of Charlottenburg Hall 218 Second Floor Amtsgerichtsplatz 1 14057 Berlin Germany The Court will also verify the claims set out in the insolvency manager's report at 11:30 a.m. on May 22, 2008, at the same venue. Creditors have until March 27, 2008, to register their claims with the court-appointed insolvency manager. The insolvency manager can be reached at: Dr. Christoph Schulte-Kaubruegger Genthiner Str. 48 10785 Berlin Germany The District Court of Charlottenburg opened bankruptcy proceedings against Roehll Nutzfahrzeug- und Service GmbH on Jan. 1, 2008. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Roehll Nutzfahrzeug- und Service GmbH Bundesplatz 8 10715 Berlin Germany RUEDIGER HALLE: Claims Registration Period Ends January 31 ---------------------------------------------------------- Creditors of Ruediger Halle Innenausbau GmbH have until Jan. 31, 2008 to register their claims with court-appointed insolvency manager Karl-Joachim Meyer. Creditors and other interested parties are encouraged to attend the meeting at 9:00 a.m. on Feb. 21, 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 Lueneburg Hall 302 Ochsenmarket 3 21335 Lueneburg 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: Karl-Joachim Meyer Schiessgrabenstr. 8/9 21335 Lueneburg Germany Tel: 20100 Fax: 20 10 14 The District Court of Lueneburg opened bankruptcy proceedings against Ruediger Halle Innenausbau GmbH on Dec. 21, 2007. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: Ruediger Halle Innenausbau GmbH Haidland 7b 21218 Seevetal Germany SACHWERT VERMOEGENSAUFBAU: Claims Period Ends January 8 ------------------------------------------------------ Creditors of SachWert Vermoegensaufbau Fonds Nr. 1 Verwaltungs GmbH have until Jan. 28, 2008, to register their claims with court-appointed insolvency manager Dr. Hans Joerg Laudenbach. Creditors and other interested parties are encouraged to attend the meeting at 9:00 a.m. on March 6, 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 Giessen Hall 408 Fourth Floor Building B Gutfleischstrasse 1 35390 Giessen 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. Hans Joerg Laudenbach Carlo Mierendorff Strasse 15 35398 Giessen Germany Tel: 0641/98292-10 Fax: 0641/98292-16 The District Court of Giessen opened bankruptcy proceedings against SachWert Vermoegensaufbau Fonds Nr. 1 Verwaltungs GmbH on Jan. 7, 2008. Consequently, all pending proceedings against the company have been automatically stayed. The Debtor can be reached at: SachWert Vermoegensaufbau Fonds Nr. 1 Verwaltungs GmbH Haesselsstr. 7 35423 Lich Germany TEXTILHANDELSGESELLSCHAFT MBH: Claims Period Ends January 31 ------------------------------------------------------------ Creditors of M.A.T.T. Textilhandelsgesellschaft mbH have until Jan. 31, 2008, to register their claims with court-appointed insolvency manager Ingrid Trompertz. Creditors and other interested parties are encouraged to attend the meeting at 9:30 a.m. on Feb. 29, 2008, 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 Bonn Hall W 1.26 William-Strasse 23 53111 Bonn 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: Ingrid Trompertz Willy-Brandt-Allee 18 53113 Bonn Germany Tel: 24 98 24-0 Fax: 24 98 24-10 The District Court of Bonn opened bankruptcy proceedings against M.A.T.T. Textilhandelsgesellschaft mbH on Dec. 21,