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/raid1/www/Hosts/bankrupt/TCRLA_Public/100419.mbx T R O U B L E D C O M P A N Y R E P O R T E R L A T I N A M E R I C A Monday, April 19, 2010, Vol. 11, No. 075 Headlines C A Y M A N I S L A N D S ARLOS EQUITY: Commences Liquidation Proceedings BLUESTEP CAPITAL: Commences Liquidation Proceedings CAYMAN CE: Commences Wind-Up Proceedings CHICAGO FRIENDS: Commences Wind-Up Proceedings FAIRFIELD ARECA: Commences Liquidation Proceedings FAIRFIELD BARON: Commences Liquidation Proceedings FAIRFIELD MT: Commences Liquidation Proceedings FAIRFIELD PARABOLIC: Commences Liquidation Proceedings FLEXIA FUND: Commences Liquidation Proceedings GAME FACTORY: Commences Wind-Up Proceedings GED LONG: Commences Liquidation Proceedings INTREPID MINERALS: Commences Liquidation Proceedings KBC INVESTMENTS: Commences Liquidation Proceedings KBC INVESTMENTS: Commences Liquidation Proceedings KOREA COSMETIC: Commences Wind-Up Proceedings LINCOLN FINANCIAL: Commences Wind-Up Proceedings MUNSTEAD HOLDINGS: Commences Wind-Up Proceedings OCEAN HARVEST: Commences Liquidation Proceedings OWENOKE OFFSHORE: Commences Liquidation Proceedings PEVANI LDC: Commences Wind-Up Proceedings PICO FUND: Commences Liquidation Proceedings PLATYPUS ASIAN: Commences Wind-Up Proceedings QNI CAPITAL: Commences Liquidation Proceedings QONWAY INVESTMENTS: Commences Wind-Up Proceedings STRATTON STREET: Commences Wind-Up Proceedings VONTOBEL ABSOLUTE: Commences Wind-Up Proceedings WATERBAY (CAYMAN): Commences Liquidation Proceedings WATERVILLE (CAYMAN): Commences Liquidation Proceedings WILLOW CREEK: Commences Wind-Up Proceedings - - - - - ========================== C A Y M A N I S L A N D S ========================== ARLOS EQUITY: Commences Liquidation Proceedings ----------------------------------------------- Arlos Equity Fund Ltd. commenced liquidation proceedings on February 1, 2010. Only creditors who were able to file their proofs of debt by March 17, 2010, will be included in the company's dividend distribution. The company's liquidator is: Stuart Sybersma c/o Jennifer Chailler Deloitte & Touche P.O. Box 1787, Grand Cayman KY1-1109 Cayman Islands Telephone: (345) 949 7500 Facsimile: (345) 949 8258 e-mail: jchailler@deloitte.com BLUESTEP CAPITAL: Commences Liquidation Proceedings --------------------------------------------------- Bluestep Capital Funding Limited commenced liquidation proceedings on February 3, 2010. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: Marc Randall c/o Maples Finance Limited PO Box 1093, Boundary Hall Grand Cayman KY1-1102, Cayman Islands CAYMAN CE: Commences Wind-Up Proceedings ---------------------------------------- Cayman CE Holdings Limited commenced wind-up proceedings on February 5. Only creditors who were able to file their proofs of debt by March 8, 2010, will be included in the company's dividend distribution. The company's liquidators are: Tee Choon Kiong Foo Bin Gee Telephone: +65 6238 2271 / +65 6238 2266 Facsimile: +65 6238 7765 P.O. Box 2681, Grand Cayman KY1-1111 Cayman Islands Conyers Dill & Pearman Cricket Square, Hutchins Drive PO Box 2681, Grand Cayman KY1-1111 Cayman Islands c/o Krysten Lumsden CHICAGO FRIENDS: Commences Wind-Up Proceedings ---------------------------------------------- Chicago Friends Corporation commenced wind-up proceedings on January 14, 2010. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: Walkers Corporate Services Limited c/o Anthony Johnson Telephone: (345) 914-6314 Walker House, 87 Mary Street, George Town Grand Cayman KY1-9005, Cayman Islands FAIRFIELD ARECA: Commences Liquidation Proceedings -------------------------------------------------- Fairfield Areca Asian Equity Fund Ltd commenced liquidation proceedings on January 29, 2010. Only creditors who were able to file their proofs of debt by March 18, 2010, will be included in the company's dividend distribution. The company's liquidator is: Ian Stokoe c/o Sarah Moxam Telephone: (345) 914 8634 Facsimile: (345) 945 4237 PO Box 258, Grand Cayman KY1-1104 Cayman Islands FAIRFIELD BARON: Commences Liquidation Proceedings -------------------------------------------------- Fairfield Baron Absolute Fund Ltd commenced liquidation proceedings on January 29, 2010. Only creditors who were able to file their proofs of debt by March 18, 2010, will be included in the company's dividend distribution. The company's liquidator is: Ian Stokoe c/o Sarah Moxam Telephone: (345) 914 8634 Facsimile: (345) 945 4237 PO Box 258, Grand Cayman KY1-1104 Cayman Islands FAIRFIELD MT: Commences Liquidation Proceedings ----------------------------------------------- Fairfield MT Japan Long-Short Fund Ltd commenced liquidation proceedings on January 29, 2010. Only creditors who were able to file their proofs of debt by March 18, 2010, will be included in the company's dividend distribution. The company's liquidator is: Ian Stokoe c/o Sarah Moxam Telephone: (345) 914 8634 Facsimile: (345) 945 4237 PO Box 258, Grand Cayman KY1-1104 Cayman Islands FAIRFIELD PARABOLIC: Commences Liquidation Proceedings ------------------------------------------------------ Fairfield Parabolic Partners Fund Ltd commenced liquidation proceedings on January 29, 2010. Only creditors who were able to file their proofs of debt by March 18, 2010, will be included in the company's dividend distribution. The company's liquidator is: Ian Stokoe c/o Sarah Moxam Telephone: (345) 914 8634 Facsimile: (345) 945 4237 PO Box 258, Grand Cayman KY1-1104 Cayman Islands FLEXIA FUND: Commences Liquidation Proceedings ---------------------------------------------- Flexia Fund (SPC) Ltd. commenced liquidation proceedings on February 1, 2010. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: Mourant Cayman Liquidators, Ltd. Mourant du Feu & Jeune c/o JAPF Telephone: (+1) 345 949 4123 Facsimile: (+1) 345 949 4647; Or Mourant Cayman Liquidators, Ltd. c/o Peter Goulden Telephone: (+1) 345 949 4123 Facsimile: (+1) 345 949 4647 Harbour Centre 42 North Church Street P.O. Box 1348, George Town Grand Cayman KY1-1108, Cayman Islands GAME FACTORY: Commences Wind-Up Proceedings ------------------------------------------- Game Factory Limited commenced wind-up proceedings on February 4, 2009. Only creditors who were able to file their proofs of debt by March 17, 2010, will be included in the company's dividend distribution. The company's liquidator is: Eagle Holdings Ltd. c/o Barclays Private Bank & Trust (Cayman) Limited FirstCaribbean House, 4th Floor P.O. Box 487, Grand Cayman KY1-1106 Cayman Islands Telephone: 345 949-7128 GED LONG: Commences Liquidation Proceedings ------------------------------------------- GED Long Short Equity Fund Limited commenced liquidation proceedings on January 28, 2010. Only creditors who were able to file their proofs of debt by March 17, 2010, will be included in the company's dividend distribution. The company's liquidator is: Victor Murray c/o Maples Finance Limited PO Box 1093, Boundary Hall Grand Cayman KY1-1102, Cayman Islands INTREPID MINERALS: Commences Liquidation Proceedings ---------------------------------------------------- Intrepid Minerals International Ltd. commenced liquidation proceedings on January 27, 2010. Only creditors who were able to file their proofs of debt by March 17, 2010, will be included in the company's dividend distribution. The company's liquidator is: Stuart Sybersma c/o Jennifer Chailler Deloitte & Touche P.O. Box 1787, Grand Cayman KY1-1109 Cayman Islands Telephone: (345) 949 7500 Facsimile: (345) 949 8258 e-mail: jchailler@deloitte.com KBC INVESTMENTS: Commences Liquidation Proceedings -------------------------------------------------- KBC Investments Cayman Islands VII, Ltd. commenced liquidation proceedings on February 2, 2010. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: Victor Murray c/o Maples Finance Limited PO Box 1093, Boundary Hall Grand Cayman KY1-1102, Cayman Islands KBC INVESTMENTS: Commences Liquidation Proceedings -------------------------------------------------- KBC Investments Cayman Islands VIII, Ltd. commenced liquidation proceedings on February 2, 2010. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: Victor Murray c/o Maples Finance Limited PO Box 1093, Boundary Hall Grand Cayman KY1-1102, Cayman Islands KOREA COSMETIC: Commences Wind-Up Proceedings --------------------------------------------- Korea Cosmetic Holdings Ltd commenced wind-up proceedings on January 22, 2010. Only creditors who were able to file their proofs of debt by March 8, 2010, will be included in the company's dividend distribution. The company's liquidators are: Tee Choon Kiong Foo Bin Gee Telephone: 65-6238 2271/65-6238 2266 Facsimile: 65-6238 7765 Temasek Boulevard #27-03 Suntec Tower Two Singapore 038989 LINCOLN FINANCIAL: Commences Wind-Up Proceedings ------------------------------------------------ Lincoln Financial Co. commenced wind-up proceedings on February 2, 2010. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: Campbell Directors Limited Scotia Centre, 4th Floor PO Box 268, Grand Cayman KY1-1104 Cayman Islands Telephone: 345 949 6258 Facsimile: 345 945 2877 MUNSTEAD HOLDINGS: Commences Wind-Up Proceedings ------------------------------------------------ Munstead Holdings Inc. commenced wind-up proceedings on March 15, 2010. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: Michael D. Butterman Duane Morris LLP 1540 Broadway New York, NY 10036-4086 United States of America OCEAN HARVEST: Commences Liquidation Proceedings ------------------------------------------------ Ocean Harvest Group Holding Ltd. commenced liquidation proceedings on February 4, 2010. Only creditors who were able to file their proofs of debt by March 17, 2010, will be included in the company's dividend distribution. The company's liquidator is: Victor Murray c/o Maples Finance Limited PO Box 1093, Boundary Hall Grand Cayman KY1-1102, Cayman Islands OWENOKE OFFSHORE: Commences Liquidation Proceedings --------------------------------------------------- Owenoke Offshore Technology Fund, Ltd commenced liquidation proceedings on January 28, 2010. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: DMS Corporate Services Ltd. c/o Bernadette Bailey-Lewis Telephone: (345) 946 7665 Facsimile: (345) 946 7666 dms House, 2nd Floor P.O. Box 1344, Grand Cayman KY1-1108 PEVANI LDC: Commences Wind-Up Proceedings ----------------------------------------- Pevani LDC commenced wind-up proceedings. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: Simon W. Baker Citadel Administration S.A. 15-17, Avenue Gaston Diderich L-1420 Luxembourg Grand Duchy of Luxembourg PICO FUND: Commences Liquidation Proceedings -------------------------------------------- Pico Fund Limited commenced liquidation proceedings on February 20, 2009. Only creditors who were able to file their proofs of debt by March 9, 2010, will be included in the company's dividend distribution. The company's liquidator is: Wilton McDonald Telephone: (345) 914-4620 Facsimile: (345) 815-0570 c/o Higgs & Johnson Anderson Square Building, 5th Floor Shedden Rd, P.O. Box 866 Grand Cayman KY1-1103, Cayman Islands PLATYPUS ASIAN: Commences Wind-Up Proceedings --------------------------------------------- Platypus Asian Equities Fund SPC commenced wind-up proceedings on February 2, 2010. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: CDL Company Ltd. P.O. Box 31106, Grand Cayman KY1-1205 QNI CAPITAL: Commences Liquidation Proceedings ---------------------------------------------- QNI Capital Limited commenced liquidation proceedings on January 25, 2010. Only creditors who were able to file their proofs of debt by March 17, 2010, will be included in the company's dividend distribution. The company's liquidator is: Victor Murray c/o Maples Finance Limited PO Box 1093, Boundary Hall Grand Cayman KY1-1102, Cayman Islands QONWAY INVESTMENTS: Commences Wind-Up Proceedings ------------------------------------------------- Qonway Investments Ltd commenced wind-up proceedings on February 4, 2010. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: Walkers Corporate Services Limited c/o Anthony Johnson Telephone: (345) 914-6314 Walker House, 87 Mary Street, George Town Grand Cayman KY1-9005, Cayman Islands STRATTON STREET: Commences Wind-Up Proceedings ---------------------------------------------- Stratton Street Capital Liquidfunds Inc. commenced wind-up proceedings on February 3, 2010. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: Walkers Corporate Services Limited c/o Anthony Johnson Telephone: (345) 914-6314 Walker House, 87 Mary Street, George Town Grand Cayman KY1-9005, Cayman Islands VONTOBEL ABSOLUTE: Commences Wind-Up Proceedings ------------------------------------------------ Vontobel Absolute Return Fund Ltd. commenced wind-up proceedings on February 1, 2010. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: Walkers Corporate Services Limited c/o Anthony Johnson Telephone: (345) 914-6314 Walker House, 87 Mary Street, George Town Grand Cayman KY1-9005, Cayman Islands WATERBAY (CAYMAN): Commences Liquidation Proceedings ---------------------------------------------------- Waterbay (Cayman) Limited commenced liquidation proceedings on January 25, 2009. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: Ogier Employee Benefit Services Limited Whiteley Chambers Don Street, St Helier Jersey, JE4 9WG Ogier Fiduciary Services (Cayman) Limited 89 Nexus Way, Camana Bay Grand Cayman KY1-9007, Cayman Islands WATERVILLE (CAYMAN): Commences Liquidation Proceedings ------------------------------------------------------ Waterville (Cayman) Limited commenced liquidation proceedings on January 25, 2010. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: Ogier Employee Benefit Services Limited Whiteley Chambers Don Street, St Helier Jersey, JE4 9WG Ogier Fiduciary Services (Cayman) Limited 89 Nexus Way, Camana Bay Grand Cayman KY1-9007, Cayman Islands WILLOW CREEK: Commences Wind-Up Proceedings ------------------------------------------- Willow Creek Offshore Fund commenced wind-up proceedings on February 4, 2010. Only creditors who were able to file their proofs of debt by March 15, 2010, will be included in the company's dividend distribution. The company's liquidator is: Walkers Corporate Services Limited c/o Anthony Johnson Telephone: (345) 914-6314 Walker House, 87 Mary Street, George Town Grand Cayman KY1-9005, Cayman Islands *********** Monday's edition of the TCR-LA delivers a list of indicative prices for bond issues that reportedly trade well below par. Prices are obtained by TCR-LA editors from a variety of outside sources during the prior week we think are reliable. Those sources may not, however, be complete or accurate. The Monday Bond Pricing table is compiled on the Friday prior to publication. Prices reported are not intended to reflect actual trades. Prices for actual trades are probably different. Our objective is to share information, not make markets in publicly traded securities. Nothing in the TCR-LA constitutes an offer or solicitation to buy or sell any security of any kind. It is likely that some entity affiliated with a TCR-LA editor holds some position in the issuers' public debt and equity securities about which we report. Tuesday's edition of the TCR-LA features a list of companies with insolvent balance sheets obtained by our editors based on the latest balance sheets publicly available a day prior to publication. At first glance, this list may look like the definitive compilation of stocks that are ideal to sell short. Don't be fooled. Assets, for example, reported at historical cost net of depreciation may understate the true value of a firm's assets. A company may establish reserves on its balance sheet for liabilities that may never materialize. The prices at which equity securities trade in public market are determined by more than a balance sheet solvency test. A list of Meetings, Conferences and Seminars appears in each Thursday's edition of the TCR-LA. Submissions about insolvency- related conferences are encouraged. Send announcements to conferences@bankrupt.com *********** S U B S C R I P T I O N I N F O R M A T I O N Troubled Company Reporter - Latin America is a daily newsletter co-published by Bankruptcy Creditors' Service, Inc., Fairless Hills, Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland USA, Marites O. Claro, Joy A. Agravente, Rousel Elaine C. Tumanda, Valerie C. Udtuhan, Frauline S. Abangan, and Peter A. Chapman, Editors. Copyright 2010. All rights reserved. ISSN 1529-2746. This material is copyrighted and any commercial use, resale or publication in any form (including e-mail forwarding, electronic re-mailing and photocopying) is strictly prohibited without prior written permission of the publishers. Information contained herein is obtained from sources believed to be reliable, but is not guaranteed. The TCR Latin America subscription rate is US$625 per half-year, delivered via e-mail. Additional e-mail subscriptions for members of the same firm for the term of the initial subscription or balance thereof are US$25 each. For subscription information, contact Christopher Beard at 240/629-3300. * * * End of Transmission * * *