TCR_Public/070113.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

            Saturday, January 13, 2007, Vol. 10, No. 11

                             Headlines

ACCEPTANCE INSURANCE: Posts $27,564 Net Loss in December 2006
CATHOLIC CHURCH: Davenport Files November 2006 Operating Report
CATHOLIC CHURCH: Portland Files November 2006 Operating Report
CATHOLIC CHURCH: Spokane Files Nov. 2006 Monthly Operating Report
COMPLETE RETREATS: Files November 2006 Monthly Operating Report

COMPLETE RETREATS: Distinctive Files Nov. 2006 Operating Report
COMPLETE RETREATS: Legendary Files November 2006 Operating Report
COMPLETE RETREATS: Preferred Files November 2006 Operating Report
COMPLETE RETREATS: Private Files November 2006 Operating Report
DANA CORP: Posts $20 Million Net Loss in November 2006

DELPHI CORP: Posts $226 Million Net Loss in November 2006
ENTERGY NEW ORLEANS: Files Amended Schedule of Assets and Debts
ENTERGY NEW ORLEANS: Earns $212,000 in November 2006
NORTHWEST AIRLINES: Posts $274 Million Net Loss in November 2006
PERFORMANCE TRANSPORTATION: Files November 2006 Operating Report

WERNER HOLDING: Posts $8.6 Million Net Loss in November 2006

                             *********

ACCEPTANCE INSURANCE: Posts $27,564 Net Loss in December 2006
-------------------------------------------------------------
Acceptance Insurance Companies Inc. filed its December 2006
monthly operating report with the United States Bankruptcy Court
for the District of Nebraska on Jan. 8, 2007.

The Debtor reported a $27,564 net loss on $7,667 of revenue for
the month ended Dec. 31, 2006.  For November 2006, the company
reported a $50,526 net loss on $8,211 of revenue.

At Dec. 31, 2006, Acceptance Insurance Companies Inc.'s balance
sheet showed:

        Total Current Assets                   $1,868,065
        Total Assets                          $35,059,130
        Total Liabilities                    $138,174,917
        Total Shareholders' Deficit         ($103,115,787)

A full-text copy of Acceptance Insurance Companies Inc.'s December
2006 Monthly Operating Report is available at no charge at
http://ResearchArchives.com/t/s?186a

Headquartered in Council Bluffs, Iowa, Acceptance Insurance
Companies Inc. -- http://www.aicins.com/-- owns, either directly    
or indirectly, several companies, one of which is an insurance
company that accounts for substantially all of the business
operations and assets of the corporate groups.  The Company filed
for chapter 11 protection on Jan. 7, 2005 (Bankr. D. Nebr. Case
No. 05-80059).  The Debtor's affiliates -- Acceptance Insurance
Services, Inc., and American Agrisurance Inc. -- filed separate
chapter 7 petitions (Bankr. D. Nebr. Case Nos. 05-80056 and

05-80058) on Jan. 7, 2005.  John J. Jolley, Esq., at Kutak Rock
LLP, represents the Debtor in its restructuring efforts.  When the
Debtor filed for protection from its creditors, it listed
$33,069,446 in total assets and $137,120,541 in total debts.


CATHOLIC CHURCH: Davenport Files November 2006 Operating Report
---------------------------------------------------------------

                   Diocese of Davenport in Iowa
                 Statement of Financial Position
                     As of November 30, 2006

ASSETS

Cash and cash equivalents - unrestricted              $4,810,797
Cash and cash equivalents - restricted                 2,235,971
Accounts receivable, net                                  48,362
Inventory                                                      -
Prepaid expenses                                          10,583
Professional retainers                                    55,652
Real Property                                          4,549,430
Machinery and equipment                                    6,000
Furniture and fixtures                                    10,800
Office equipment                                          59,500
Leasehold improvements                                         -
Vehicles                                                  45,460
                                                  --------------
Total Assets                                         $11,832,555
                                                  ==============

LIABILITIES AND NET ASSETS

Liabilities:
    Prepetition
       Secured claims                                          -
       Priority unsecured claims                         160,888
       General unsecured claims                        1,660,915
                                                  --------------
    Total Prepetition Liabilities                      1,821,803
                                                  --------------
    Postpetition
       Salaries and wages                                      -
       Payroll taxes                                           -
       Real and personal property taxes                        -
       Income taxes                                            -
       Sales taxes                                             -
       Notes payable, short term                               -
       Accounts payable, trade                             9,503
       Real property lease arrearage                           -
       Personal property lease arrearage                       -
       Accrued professional fees                               -
       Current portion of long-term debt                       -
       Pass-through collections                           33,993
                                                  --------------
    Total Postpetition Liabilities                        43,496
                                                  --------------
      Total Liabilities                                1,865,299
                                                  --------------
Equity (deficit):
    Equity (deficit) at time of filing:                5,795,187
    Capital stock                                              -
    Additional paid-in capital                                 -
    Cumulative profit/loss since filing                  542,709
    Post-petition contributions/distributions
       or draws                                                 -
    Market value adjustment                            3,629,360
                                                  --------------
    Total equity (deficit)                             9,967,256
                                                  --------------
Total liabilities & equity (deficit)                 $11,832,555
                                                  ==============

                   Diocese of Davenport in Iowa
                     Statement of Operations
              For the month ending November 30, 2006

Revenues
    Gross sales                                           $1,825
    Less: sales returns & allowances                           -
    Net sales                                              1,825
    Less: cost of goods sold                                   -
    Gross profit                                           1,825
    Interest                                                 564
    Other income:
       Charitable gifts                                  381,043
       Insurance receipts                                122,752
       Investment income                                 307,238
                                                  --------------
    Total revenues                                       813,422
                                                  --------------
Expenses:
    Compensation to owner(s)/officer(s)                   12,090
    Salaries                                              97,534
    Commissions                                                -
    Contract labor                                         7,310
    Rent/Lease:
       Personal property                                   1,800
       Real property                                           -
    Insurance                                             75,851
    Management fees                                            -
    Depreciation                                           5,945
    Taxes:
       Employer payroll taxes                              6,005
       Real property taxes                                     -
       Other taxes                                             -
    Other selling                                              -
    Other administrative                                  93,906
    Interest                                                   -
    Other expenses:
       Employee benefits                                  29,789
       Charity collection                                  5,356
       Medical assistance/Victim assistance               11,298
       Utilities                                           5,769
      Transfer to unrestricted                            48,760
      Professional Investment Management Fees              9,715
      Sabbatical                                               -
                                                  --------------
          Total expenses                                 411,128

    Reorganization items:
       Professional fees                                       -
       Provisions for rejected
          executory contracts                                  -
       Interest earned on accumulated cash
          from resulting Chapter 11 case                       -
       Gain or (Loss) from sale of equipment                   -
       U.S. Trustee quarterly fees                             -
                                                  --------------
          Total reorganization items                           -
                                                  --------------
Net profit (loss) before federal &
    state taxes                                          402,294
    Federal & state income taxes                               -
                                                  --------------
Net Profit (Loss)                                       $402,294
                                                  ==============

                 Diocese of Davenport in Iowa
            Statement of Cash Receipts and Disbursements
              For the month ending November 30, 2006

Cash receipts
    Rent/Leases collected                                 $4,443
    Cash received from sales                               1,825
    Interest received                                          -
    Borrowings increase in accounts payable                    -
    Funds from shareholders, partners,
       or other insiders                                       -
    Capital contributions                                      -
    Annual diocesan appeal/donations                     332,283
    Investment income/misc.                                    -
    Insurance receipts                                   122,752
    Tribunal/Immigration/Faith Formation fees             66,999
    Decrease in prepaids/accounts receivable              14,754
                                                  --------------
    Total Cash Receipts                                 $543,056
                                                  ==============

Cash disbursements:
    Payments for inventory                                     -
    Selling                                                    -
    Administrative                                       106,572
    Capital expenditures                                       -
    Principal payments on debt                                 -
    Interest paid                                              -
    Rent/Lease:
       Personal Property                                   1,800
       Real Property                                           -
    Amount paid to owner(s)/officer(s)
       Salaries                                           12,090
       Draws                                                   -
       Commissions/Royalties                                   -
       Expense Reimbursements                                  -
       Other                                                   -
    Salaries/Commissions (less employee
       withholding                                        75,913
    Management fees                                            -
    Taxes
       Employee withholding                               21,621
       Employer payroll taxes                              6,005
       Real property taxes                                     -
       Other taxes                                             -
    Other cash outflows:
       Insurance                                          75,850
       Utilities                                           5,769
       Medical Assistance                                 11,298
       Employee Benefits                                  29,789
       Misc/Decrease in Accts Payable/Increase
         in receivables                                    9,492
                                                  --------------
    Total Cash Disbursements                            $356,199
                                                  --------------
Net increase (decrease) in cash                          186,857

Cash balance, beginning of period                        851,727

Cash balance, end of period                           $1,038,584
                                                  ==============

The Diocese of Davenport in Iowa filed for chapter 11 protection
(Bankr. S.D. Ia. Case No. 06-02229) on October 10, 2006.  Richard
A. Davidson, Esq., at Lane & Waterman LLP, represents the
Davenport Diocese in its restructuring efforts.  In its Schedules
of Assets and Liabilities filed with the Court, the Davenport
Diocese reports $4,492,809 in assets and $1,650,439 in
liabilities.  (Catholic Church Bankruptcy News, Issue No. 76;
Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


CATHOLIC CHURCH: Portland Files November 2006 Operating Report
--------------------------------------------------------------

                          Pastoral Center
                 Archdiocese of Portland in Oregon
                  Statement of Financial Position
                       As of November 30, 2006

ASSETS

Cash and cash equivalents                            $18,907,338
Accounts receivable, net                               3,933,297
Notes, estates and other receivables                  11,672,662
Loans receivable from Archdiocesan entities, net       6,408,050
Loans receivable from Archdiocesan housing entities      545,326
Interest receivable and other assets                     219,010
Inventories                                            1,709,599
Real Property                                            226,688
Deposits and prepaid expenses                             33,247
Investments                                          103,011,630
Advances to Archdiocesan housing entities              1,531,500
Land, building, and equipment, net                     7,361,461
                                                  --------------
Total Assets                                        $155,559,808
                                                  ==============

LIABILITIES AND NET ASSETS

Liabilities:
    Prepetition
       Accounts payable                                 $822,302
       Accrued liabilities                             2,172,196
       Funds held for others
          Second Collections                                 (12)
          Short-term investments payable              12,553,727
          Long-term pool investments payable          17,941,445
       Reserve for insurance claims                    2,343,946
       Notes payable                                  10,637,831
       Pre-need liability and reserve                    456,268
       Accrued post-retirement liability               7,607,264
                                                  --------------
    Total Prepetition Liabilities                     54,534,967
                                                  --------------
    Postpetition
       Accounts payable                                  570,984
       Accrued liabilities                             6,084,539
       Funds held for others
          Second Collections                             112,996
          Short-term investments payable               4,115,517
          Long-term pool investments                   6,738,082
       Reserve for insurance claims                      460,648
       Notes payable                                           -
       Pre-need liability and reserve                     29,634
       Accrued post-retirement liability                 404,521
                                                  --------------
    Total Postpetition Liabilities                    18,516,921
                                                  --------------
      Total Liabilities                               73,051,888
                                                  --------------
Net Assets:
    Prepetition Net Assets:
       Charitable Trust Assets                        69,961,818
       Other Assets                                   (3,572,057)
                                                  --------------
    Total Prepetition Net Assets                      66,389,761
                                                  --------------
    Postpetition Net Assets:
       Charitable Trust Assets                        10,478,988
       Other Assets                                    5,639,171
                                                  --------------
    Total Postpetition Net Assets                     16,118,159
                                                  --------------
       Total Net Assets                               82,507,920
                                                  --------------
Total liabilities & net assets                     $155,559,808
                                                  ==============

                          Pastoral Center
                 Archdiocese of Portland in Oregon
                      Statement of Activities
               For the month ending November 30, 2006

Revenues, gains and other support
    Annual Catholic Appeal income                           $752
    Gross profit on cemetery sales                        78,574
    Contributions, gifts, annuities and bequests          12,508
    Operating support - Oregon Catholic Press                  -
    Investment income and realized gains (losses),
       net of expenses                                   475,567
    Change in unrealized gains (losses)                1,315,663
    Insurance premiums, net                                2,618
    Interest income from loans                            35,650
    Parish assessments                                   260,689
    Other income                                         143,599
    Departmental revenues                                 36,532
    Net assets released from restrictions                      -
                                                  --------------
    Total revenues, gains, and other support           2,362,152
                                                  --------------
Expenses and program support:
    Program Services:
       Annual Catholic Appeal program support,
          grants and parish subsidies                    104,342
       Clergy Services                                    26,912
       Catholic Schools                                   38,712
       Pastoral Services                                  36,047
       Evangelization Services                            44,314
       Public Services                                    10,028
       Tribunal Services                                  20,378
       Deposit and loan interest                         169,918
       Insurance program                                 402,748
       Cemetery operating expenses                        82,712
       High School grants/charitable annuities             6,696
       Other program expenses                             62,210
                                                  --------------
          Total program services                       1,005,017
                                                  --------------
    Supporting Services:
       Archbishop, Vicar General
          and Chancellor Services                         67,348
       Finance & Administration:
          Resource Development                            57,209
          Business Affairs                                 9,758
          Financial Services                              62,724
       Human Resources                                    26,086
       Shared Services                                    13,052
       Occupancy and physical plant expenses              12,286
       Designated funds expense                           16,557
       Bankruptcy expense                                142,749
       Depreciation expense                                    -
                                                  --------------
          Total supporting services                      407,769
                                                  --------------
          Total expenses and program support           1,412,786
                                                  --------------
Increase (decrease) in net assets before
    transfers and designations of net assets             949,366

Fund transfers - in (out)                                      -
Designation of net assets                                      -
                                                  --------------
Increase (decrease) in net assets                        949,366

Net assets at beginning of year                       81,558,554
                                                  --------------
Net assets at end of year                            $82,507,920
                                                 ===============

                 Archdiocese of Portland in Oregon
            Statement of Cash Receipts and Disbursements
              For the month ending November 30, 2006

Beginning Cash Balance:                              $18,472,938
Add:
    Transfers in                                         402,313
    Receipts Deposited                                 2,104,195
    Other (Return of Direct Deposits)                        200
    Other                                                      -
    Other (Interest Income)                               66,975
                                                  --------------
    Total Cash Receipts                                2,573,685

Subtract:
    Transfers out                                       (402,313)
    Disbursements by check or debit                   (1,735,084)
    Cash withdrawn                                             -
    Other (Service Charges)                               (1,645)
    Other (Misc Check Correction)                              -
    Other (NSF Checks)                                      (240)
    Other (Clear Interfund Rec/Pay)                            -
                                                  --------------
    Total Cash Disbursements                          (2,139,283)
                                                  --------------
Ending Cash Balance                                  $18,907,339
                                                  ==============

The Archdiocese of Portland in Oregon filed for chapter 11
protection (Bankr. Ore. Case No. 04-37154) on July 6, 2004.
Thomas W. Stilley, Esq., and William N. Stiles, Esq., at Sussman
Shank LLP, represent the Portland Archdiocese in its restructuring
efforts.  Albert N. Kennedy, Esq., at Tonkon Torp, LLP, represents
the Official Tort Claimants Committee in Portland, and scores of
abuse victims are represented by other lawyers.  David A. Foraker
serves as the Future Claimants Representative appointed in the
Archdiocese of Portland's Chapter 11 case.  In its Schedules of
Assets and Liabilities filed with the Court on July 30, 2004, the
Portland Archdiocese reports $19,251,558 in assets and
$373,015,566 in liabilities.  (Catholic Church Bankruptcy News,
Issue No. 76; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


CATHOLIC CHURCH: Spokane Files Nov. 2006 Monthly Operating Report
-----------------------------------------------------------------
The Diocese of Spokane delivered to the United States Bankruptcy
Court for the Eastern District of Washington its operating report
for the month of November.

As of Nov. 30, Spokane reported $12,715,147 in total assets,
including $2,479,309 in cash, $2,646,664 in loans receivables and
$2,502,815 in buildings and other fixed assets.

Spokane reported $9,269,297 in total long-term liabilities,
including $10,628,278 in deposits payable.

Spokane also reported ($26,985,025) in net assets, including
$10,528,658 in total replacement fund.

Spokane's total liabilities plus net assets exceed its total
assets by $130,000.  Spokane did not disclose the reason for the
difference.

Spokane also reported a $167,643 net deficit for the month ended
November.  The Diocese's income totaled $254,686, which was
offset by expenses aggregating $422,330.

A full-text copy of Spokane's November 2006 operating report is
available for free at: http://ResearchArchives.com/t/s?1866

The Roman Catholic Church of the Diocese of Spokane filed for
chapter 11 protection (Bankr. E.D. Wash. Case No. 04-08822) on
Dec. 6, 2004.  Michael J. Paukert, Esq., at Paine, Hamblen,
Coffin, Brooke & Miller, LLP, represents the Spokane Diocese in
its restructuring efforts.  When the Debtor filed for protection
from its creditors, it listed $11,162,938 in total assets and
$81,364,055 in total debts. (Catholic Church Bankruptcy News,
Issue No. 76; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


COMPLETE RETREATS: Files November 2006 Monthly Operating Report
---------------------------------------------------------------

                      Complete Retreats, LLC
                          Balance Sheet
                      As of November 30, 2006

                              ASSETS

Unrestricted Cash                                              -
Restricted Cash                                                -
                                                  --------------
Total Cash                                                     -

Accounts Receivable (Net)                                      -
Inventory                                                      -
Notes Receivable                                               -
Prepaid Expenses                                               -
Other                                                          -
                                                  --------------
Total Current Assets                                           -

Property, Plant & Equipment                             $597,674
Less: Accumulated Depreciation/Depletion                       -
                                                  --------------
Net Property, Plant & Equipment                          597,674

Due from Insiders                                              -
Other Assets - Net of Amortization                             -
Other                                                    481,329
                                                  --------------
Total Assets                                          $1,079,002
                                                  ==============

                   LIABILITIES & OWNERS' EQUITY

Postpetition Liabilities
   Accounts Payable                                            -
   Taxes Payable                                               -
   Notes Payable                                               -
   Professional Fees                                           -
   Secured Debt                                                -
   Other                                                       -
                                                  --------------
Total Postpetition Liabilities                                 -

Prepetition Liabilities
   Secured Debt                                                -
   Priority Debt                                               -
   Unsecured Debt                                              -
   Other                                                $623,689
                                                  --------------
Total Prepetition Liabilities                            623,689
                                                  --------------
Total Liabilities                                        623,689

Equity
   Prepetition Owners' Equity                            455,314
   Postpetition Cumulative Profit or Loss                      -
   Direct Charges to Equity                                    -
                                                  --------------
Total Equity                                             455,314
                                                  --------------
Total Liabilities & Owners' Equity                    $1,079,002
                                                  ==============

                      Complete Retreats, LLC
                     Statement of Operations
                      November 1 to 30, 2006

Revenues
   Gross Revenues                                             $0
   Less: Returns & Discounts                                   -
                                                  --------------
Net Revenue                                                    0

Cost of Goods Sold
   Material                                                    -
   Direct Labor
   Direct Overhead                                             -
                                                  --------------
Total Cost of Goods Sold                                       -
                                                  --------------
Gross Profit                                                   -

Operating Expenses
   Officer/Insider Compensation                                -
   Selling & Marketing                                         -
   General Administration                                      -
   Rent & Lease                                                -
   Other                                                       -
                                                  --------------
Total Operating Expenses                                       0
                                                  --------------
Income Before Non-Operating Income & Expenses                  0

Other Income & Expenses
   Non-operating Income                                        -
   Non-operating Expense                                       -
   Interest Expense                                            -
   Depreciation/Depletion                                      -
   Amortization                                                -
   Other                                                       -
                                                  --------------
Net Other Income & Expenses                                    -

Reorganization Expenses
   Professional Fees                                           -
   U.S. Trustee Fees                                           -
   Other                                                       -
                                                  --------------
Total Reorganization Expenses                                  0
                                                  --------------
Income Tax                                                     0
                                                  --------------
Net Profit (Loss)                                             $0
                                                  ==============

Headquartered in Westport, Connecticut, Complete Retreats LLC
operates five-star hospitality and real estate management
businesses.  In addition to its mainline destination club
business, the Debtor also operates an air travel program for
destination club members, a villa business, luxury car rental
services, wine sales services, fine art sales program, and other
amenity programs for members.  Complete Retreats and its debtor-
affiliates filed for chapter 11 protection on July 23, 2006
(Bankr. D. Conn. Case No. 06-50245).  Nicholas H. Mancuso, Esq.
and Jeffrey K. Daman, Esq. at Dechert LLP represent the Debtors in
their restructuring efforts.  Michael J. Reilly, Esq., at Bingham
McCutchen LP, in Hartford, Connecticut, serves as counsel to the
Official Committee of Unsecured Creditors.  No estimated assets
have been listed in the Debtors' schedules, however, the Debtors
disclosed $308,000,000 in total debts.  (Complete Retreats
Bankruptcy News, Issue No. 19; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


COMPLETE RETREATS: Distinctive Files Nov. 2006 Operating Report
---------------------------------------------------------------

                    Distinctive Retreats, LLC
                          Balance Sheet
                     As of November 30, 2006

                              ASSETS

Unrestricted Cash                                              -
Restricted Cash                                                -
                                                  --------------
Total Cash                                                     -

Accounts Receivable (Net)                                  ($190)
Inventory                                                 50,831
Notes Receivable                                         223,000
Prepaid Expenses                                         198,555
Other                                                          -
                                                  --------------
Total Current Assets                                     472,196

Property, Plant & Equipment                          104,833,914
Less: Accumulated Depreciation/Depletion              (3,134,908)
                                                  --------------
Net Property, Plant & Equipment                      101,699,006

Due from Insiders                                             -
Other Assets - Net of Amortization                       485,000
Other                                                117,549,518
                                                  --------------
Total Assets                                        $220,205,720
                                                  ==============

                   LIABILITIES & OWNERS' EQUITY

Postpetition Liabilities
   Accounts Payable                                        ($489)
   Taxes Payable                                               -
   Notes Payable                                               -
   Professional Fees                                           -
   Secured Debt                                                -
   Other                                              36,167,534
                                                  --------------
Total Postpetition Liabilities                        36,167,044

Prepetition Liabilities
   Secured Debt                                          452,027
   Priority Debt                                               -
   Unsecured Debt                                     30,714,233
   Other                                              18,870,525
                                                  --------------
Total Prepetition Liabilities                         50,036,785
                                                  --------------
Total Liabilities                                     86,203,829

Equity
   Prepetition Owners' Equity                        134,023,328
   Postpetition Cumulative Profit or Loss                (21,437)
   Direct Charges to Equity                                    -
                                                  --------------
Total Equity                                         134,001,891
                                                  --------------
Total Liabilities & Owners' Equity                  $220,205,720
                                                  ==============

                    Distinctive Retreats, LLC
                     Statement of Operations
                      November 1 to 30, 2006

Revenues
   Gross Revenues                                       $456,227
   Less: Returns & Discounts                                   -
                                                  --------------
Net Revenue                                              456,227

Cost of Goods Sold
   Material                                              111,858
   Direct Labor                                                -
   Direct Overhead                                             -
                                                  --------------
Total Cost of Goods Sold                                 111,858
                                                  --------------
Gross Profit                                             344,369

Operating Expenses
   Officer/Insider Compensation                                -
   Selling & Marketing                                         -
   General Administration                                      -
   Rent & Lease                                                -
   Other                                                       -
                                                  --------------
Total Operating Expenses                                       -
                                                  --------------
Income Before Non-Operating Income & Expenses            344,369

Other Income & Expenses
   Non-operating Income                                        -
   Non-operating Expense                                       -
   Interest Expense                                      226,181
   Depreciation/Depletion                                 76,595
   Amortization                                           72,298
   Other                                                       -
                                                  --------------
Net Other Income & Expenses                              375,074

Reorganization Expenses
   Professional Fees                                           -
   U.S. Trustee Fees                                           -
   Other                                                       -
                                                  --------------
Total Reorganization Expenses                                  -
                                                  --------------
Income Tax                                                     -
                                                  --------------
Net Profit (Loss)                                       ($30,704)
                                                  ==============

Headquartered in Westport, Connecticut, Complete Retreats LLC
operates five-star hospitality and real estate management
businesses.  In addition to its mainline destination club
business, the Debtor also operates an air travel program for
destination club members, a villa business, luxury car rental
services, wine sales services, fine art sales program, and other
amenity programs for members.  Complete Retreats and its debtor-
affiliates filed for chapter 11 protection on July 23, 2006
(Bankr. D. Conn. Case No. 06-50245).  Nicholas H. Mancuso, Esq.
and Jeffrey K. Daman, Esq. at Dechert LLP represent the Debtors in
their restructuring efforts.  Michael J. Reilly, Esq., at Bingham
McCutchen LP, in Hartford, Connecticut, serves as counsel to the
Official Committee of Unsecured Creditors.  No estimated assets
have been listed in the Debtors' schedules, however, the Debtors
disclosed $308,000,000 in total debts.  (Complete Retreats
Bankruptcy News, Issue No. 19; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


COMPLETE RETREATS: Legendary Files November 2006 Operating Report
-----------------------------------------------------------------

                     Legendary Retreats, LLC
                          Balance Sheet
                     As of November 30, 2006

                              ASSETS

Unrestricted Cash                                         $8,770
Restricted Cash                                                -
                                                  --------------
Total Cash                                                 8,770

Accounts Receivable (Net)                                 58,508
Inventory                                                      -
Notes Receivable                                       1,610,000
Prepaid Expenses                                          74,558
Other                                                    115,000
                                                  --------------
Total Current Assets                                   1,858,066

Property, Plant & Equipment                               26,936
Less: Accumulated Depreciation/Depletion                       -
                                                  --------------
Net Property, Plant & Equipment                           26,936

Due from Insiders                                              -
Other Assets - Net of Amortization                             -
Other                                                 17,830,869
                                                  --------------
Total Assets                                         $19,724,641
                                                  ==============

                   LIABILITIES & OWNERS' EQUITY

Postpetition Liabilities
   Accounts Payable                                     ($35,438)
   Taxes Payable                                               -
   Notes Payable                                          15,154
   Professional Fees                                           -
   Secured Debt                                                -
   Other                                                (140,272)
                                                  --------------
Total Postpetition Liabilities                          (160,556)

Prepetition Liabilities
   Secured Debt                                                -
   Priority Debt                                               -
   Unsecured Debt                                        394,622
   Other                                               4,067,355
                                                  --------------
Total Prepetition Liabilities                          4,461,976
                                                  --------------
Total Liabilities                                      4,301,421

Equity
   Prepetition Owners' Equity                         15,438,452
   Postpetition Cumulative Profit or Loss                (15,232)
   Direct Charges to Equity                                    -
                                                  --------------
Total Equity                                          15,423,220
                                                  --------------
Total Liabilities & Owners' Equity                   $19,724,641
                                                  ==============

                     Legendary Retreats, LLC
                     Statement of Operations
                     November 1 to 30, 2006

Revenues
   Gross Revenues                                       ($81,305)
   Less: Returns & Discounts                                   -
                                                  --------------
Net Revenue                                              (81,305)

Cost of Goods Sold
   Material                                                3,363
   Direct Labor                                                -
   Direct Overhead                                         2,285
                                                  --------------
Total Cost of Goods Sold                                   5,648
                                                  --------------
Gross Profit                                             (86,953)

Operating Expenses
   Officer/Insider Compensation                                -
   Selling & Marketing                                       585
   General Administration                                  1,845
   Rent & Lease                                           19,618
   Other                                                 (30,613)
                                                  --------------
Total Operating Expenses                                  (8,565)
                                                  --------------
Income Before Non-Operating Income & Expenses            (78,388)

Other Income & Expenses
   Non-operating Income                                        -
   Non-operating Expense                                       -
   Interest Expense                                            -
   Depreciation/Depletion                                      -
   Amortization                                                -
   Other                                                       -
                                                  --------------
Net Other Income & Expenses                                    -

Reorganization Expenses
   Professional Fees                                         (10)
   U.S. Trustee Fees                                           -
   Other                                                       -
                                                  --------------
Total Reorganization Expenses                                (10)
                                                  --------------
Income Tax                                                     -
                                                  --------------
Net Profit (Loss)                                       ($78,378)
                                                  ==============

Headquartered in Westport, Connecticut, Complete Retreats LLC
operates five-star hospitality and real estate management
businesses.  In addition to its mainline destination club
business, the Debtor also operates an air travel program for
destination club members, a villa business, luxury car rental
services, wine sales services, fine art sales program, and other
amenity programs for members.  Complete Retreats and its debtor-
affiliates filed for chapter 11 protection on July 23, 2006
(Bankr. D. Conn. Case No. 06-50245).  Nicholas H. Mancuso, Esq.
and Jeffrey K. Daman, Esq. at Dechert LLP represent the Debtors in
their restructuring efforts.  Michael J. Reilly, Esq., at Bingham
McCutchen LP, in Hartford, Connecticut, serves as counsel to the
Official Committee of Unsecured Creditors.  No estimated assets
have been listed in the Debtors' schedules, however, the Debtors
disclosed $308,000,000 in total debts.  (Complete Retreats
Bankruptcy News, Issue No. 19; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


COMPLETE RETREATS: Preferred Files November 2006 Operating Report
-----------------------------------------------------------------

                     Preferred Retreats, LLC
                          Balance Sheet
                     As of November 30, 2006

                              ASSETS

Unrestricted Cash                                     $1,585,907
Restricted Cash                                          320,476
                                                  --------------
Total Cash                                             1,906,383

Accounts Receivable (Net)                              1,188,844
Inventory                                              2,081,256
Notes Receivable                                         142,704
Prepaid Expenses                                       4,277,841
Other                                                  1,097,919
                                                  --------------
Total Current Assets                                   8,788,563

Property, Plant & Equipment                            9,268,926
Less: Accumulated Depreciation/Depletion              (2,259,571)
                                                  --------------
Net Property, Plant & Equipment                        7,009,355

Due from Insiders                                      2,221,908
Other Assets - Net of Amortization                         1,555
Other                                                102,926,686
                                                  --------------
Total Assets                                        $122,854,449
                                                  ==============

                   LIABILITIES & OWNERS' EQUITY

Postpetition Liabilities
   Accounts Payable                                   $1,321,060
   Taxes Payable                                               -
   Notes Payable                                      76,985,191
   Professional Fees                                           -
   Secured Debt                                                -
   Other                                               9,975,323
                                                  --------------
Total Postpetition Liabilities                        88,281,574

Prepetition Liabilities
   Secured Debt                                           43,411
   Priority Debt                                               -
   Unsecured Debt                                     12,818,421
   Other                                             124,979,814
                                                  --------------
Total Prepetition Liabilities                        137,841,647
                                                  --------------
Total Liabilities                                    226,123,221

Equity
   Prepetition Owners' Equity                        (87,936,963)
   Postpetition Cumulative Profit or Loss            (18,681,810)
   Direct Charges to Equity                            3,350,000
                                                  --------------
Total Equity                                        (103,268,772)
                                                  --------------
Total Liabilities & Owners' Equity                  $122,854,449
                                                  ==============

                     Preferred Retreats, LLC
                     Statement of Operations
                      November 1 to 30, 2006

Revenues
   Gross Revenues                                       $767,149
   Less: Returns & Discounts                              (1,000)
                                                  --------------
Net Revenue                                              766,149

Cost of Goods Sold
   Material                                              746,337
   Direct Labor                                                -
   Direct Overhead                                       405,812
                                                  --------------
Total Cost of Goods Sold                               1,152,149
                                                  --------------
Gross Profit                                            (386,000)

Operating Expenses
   Officer/Insider Compensation                           81,945
   Selling & Marketing                                    25,426
   General Administration                              1,486,901
   Rent & Lease                                          259,371
   Other                                                 268,513
                                                  --------------
Total Operating Expenses                               2,122,156
                                                  --------------
Income Before Non-Operating Income & Expenses         (2,508,156)

Other Income & Expenses
   Non-operating Income                                        -
   Non-operating Expense                                 188,322
   Interest Expense                                    1,623,637
   Depreciation/Depletion                                 57,536
   Amortization                                                -
   Other                                                   5,519
                                                  --------------
Net Other Income & Expenses                            1,875,014

Reorganization Expenses
   Professional Fees                                   3,846,738
   U.S. Trustee Fees                                           -
   Other                                                   3,782
                                                  --------------
Total Reorganization Expenses                          3,850,520
                                                  --------------
Income Tax                                                     -
                                                  --------------
Net Profit (Loss)                                    ($8,233,691)
                                                  ==============

                     Preferred Retreats, LLC
           Consolidated Cash Receipts and Disbursements
                      November 1 to 30, 2006

Cash - Beginning of Month                               $745,602

Receipts from Operations
   Cash Sales                                            677,772

Collection of Accounts Receivable
   Prepetition                                                 -
   Postpetition                                                -
                                                  --------------
Total Operating Receipts                                 677,772

Non-operating Receipts
   Loans & Advances                                    5,407,338
   Sale of Assets                                              -
   Other                                                  62,141
                                                  --------------
Total Non-operating Receipts                           5,469,479
                                                  --------------
Total Receipts                                         6,147,251
                                                  --------------
Total Cash Available                                   6,892,853

Operating Disbursements
   Gross Payroll                                         741,842
   Payroll Taxes Paid                                          -
   Sales, Use & Other Taxes Paid                          19,473
   Secured/Rental/Leases                               1,345,540
   Utilities                                              69,211
   Insurance                                              77,937
   Mortgages                                                   -
   Interest                                            1,865,838
   Employee Expenses                                      27,661
   House Keeping & Contract Labor                         78,836
   Repairs & Maintenance                                  17,011
   Field Expenses                                        310,576
   International Destination Expenses                    159,957
   HOA                                                    56,579
   Other                                                 114,426
                                                  --------------
Total Operating Disbursements                          4,884,888

Reorganization Expenses
   Professional Fees                                     397,624
   U.S. Trustee Fees                                           -
   Other                                                       -
                                                  --------------
Total Reorganization Expenses                            397,624
                                                  --------------
Total Disbursements                                    5,282,512
                                                  --------------
Net Cash Flow                                            864,739
                                                  --------------
Cash - End of Month                                   $1,610,340
                                                  ==============

Headquartered in Westport, Connecticut, Complete Retreats LLC
operates five-star hospitality and real estate management
businesses.  In addition to its mainline destination club
business, the Debtor also operates an air travel program for
destination club members, a villa business, luxury car rental
services, wine sales services, fine art sales program, and other
amenity programs for members.  Complete Retreats and its debtor-
affiliates filed for chapter 11 protection on July 23, 2006
(Bankr. D. Conn. Case No. 06-50245).  Nicholas H. Mancuso, Esq.
and Jeffrey K. Daman, Esq. at Dechert LLP represent the Debtors in
their restructuring efforts.  Michael J. Reilly, Esq., at Bingham
McCutchen LP, in Hartford, Connecticut, serves as counsel to the
Official Committee of Unsecured Creditors.  No estimated assets
have been listed in the Debtors' schedules, however, the Debtors
disclosed $308,000,000 in total debts.  (Complete Retreats
Bankruptcy News, Issue No. 19; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


COMPLETE RETREATS: Private Files November 2006 Operating Report
---------------------------------------------------------------

                      Private Retreats, LLC
                          Balance Sheet
                     As of November 30, 2006

                              ASSETS

Unrestricted Cash                                              -
Restricted Cash                                           $1,679
                                                  --------------
Total Cash                                                 1,679

Accounts Receivable (Net)                                      -
Inventory                                                 71,916
Notes Receivable                                         570,356
Prepaid Expenses                                               -
Other                                                          -
                                                  --------------
Total Current Assets                                     642,273

Property, Plant & Equipment                           53,218,396
Less: Accumulated Depreciation/Depletion              (8,379,471)
                                                  --------------
Net Property, Plant & Equipment                       44,838,924

Due from Insiders                                              -
Other Assets - Net of Amortization                     1,152,200
Other                                                 18,482,464
                                                  --------------
Total Assets                                         $65,117,540
                                                  ==============

                   LIABILITIES & OWNERS' EQUITY

Postpetition Liabilities
   Accounts Payable                                            -
   Taxes Payable                                               -
   Notes Payable                                         $14,901
   Professional Fees                                           -
   Secured Debt                                                -
   Other                                              30,475,983
                                                  --------------
Total Postpetition Liabilities                        30,490,884

Prepetition Liabilities
   Secured Debt                                          186,738
   Priority Debt                                               -
   Unsecured Debt                                      5,282,515
   Other                                              13,990,417
                                                  --------------
Total Prepetition Liabilities                         19,459,670
                                                  --------------
Total Liabilities                                     49,950,554

Equity
   Prepetition Owners' Equity                         15,787,447
   Postpetition Cumulative Profit or Loss               (620,461)
   Direct Charges to Equity                                    -
                                                  --------------
Total Equity                                          15,166,986
                                                  --------------
Total Liabilities & Owners' Equity                   $65,117,540
                                                  ==============

                      Private Retreats, LLC
                     Statement of Operations
                     November 1 to 30, 2006

Revenues
   Gross Revenues                                       $234,258
   Less: Returns & Discounts                                   -
                                                  --------------
Net Revenue                                              234,258

Cost of Goods Sold
   Material                                              163,678
   Direct Labor                                                -
   Direct Overhead                                             -
                                                  --------------
Total Cost of Goods Sold                                 163,678
                                                  --------------
Gross Profit                                              70,580

Operating Expenses
   Officer/Insider Compensation                                -
   Selling & Marketing                                         -
   General Administration                                      -
   Rent & Lease                                                -
   Other                                                       -
                                                  --------------
Total Operating Expenses                                       -
                                                  --------------
Income Before Non-Operating Income & Expenses             70,580

Other Income & Expenses
   Non-operating Income                                        -
   Non-operating Expense                                       -
   Interest Expense                                       16,021
   Depreciation/Depletion                                136,693
   Amortization                                          102,406
   Other                                                       -
                                                  --------------
Net Other Income & Expenses                              255,120

Reorganization Expenses
   Professional Fees                                           -
   U.S. Trustee Fees                                           -
   Other                                                       -
                                                  --------------
Total Reorganization Expenses                                  -
                                                  --------------
Income Tax                                                     -
                                                  --------------
Net Profit (Loss)                                      ($184,540)
                                                  ==============

Headquartered in Westport, Connecticut, Complete Retreats LLC
operates five-star hospitality and real estate management
businesses.  In addition to its mainline destination club
business, the Debtor also operates an air travel program for
destination club members, a villa business, luxury car rental
services, wine sales services, fine art sales program, and other
amenity programs for members.  Complete Retreats and its debtor-
affiliates filed for chapter 11 protection on July 23, 2006
(Bankr. D. Conn. Case No. 06-50245).  Nicholas H. Mancuso, Esq.
and Jeffrey K. Daman, Esq. at Dechert LLP represent the Debtors in
their restructuring efforts.  Michael J. Reilly, Esq., at Bingham
McCutchen LP, in Hartford, Connecticut, serves as counsel to the
Official Committee of Unsecured Creditors.  No estimated assets
have been listed in the Debtors' schedules, however, the Debtors
disclosed $308,000,000 in total debts.  (Complete Retreats
Bankruptcy News, Issue No. 19; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


DANA CORP: Posts $20 Million Net Loss in November 2006
------------------------------------------------------

                         Dana Corporation
                      Condensed Balance Sheet
                       At November 30, 2006

ASSETS

CURRENT ASSETS
   Cash and cash equivalent assets                  $723,000,000
   Accounts receivable
      Trade                                        1,326,000,000
      Other                                          216,000,000
   Inventories                                       732,000,000
   Assets of discontinued operations                 499,000,000
   Other current assets                              129,000,000
                                                  --------------
      Total current assets                         3,625,000,000

Investments and other assets                       1,328,000,000
Investments in equity affiliates                     676,000,000
Net property, plant and equipment                  1,777,000,000
                                                  --------------
TOTAL ASSETS                                      $7,406,000,000
                                                  ==============

LIABILITY AND SHAREHOLDERS' EQUITY

CURRENT LIABILITIES
   Notes payable, including current portion
      of long-term debt                              $27,000,000
   Accounts payable                                  939,000,000
   Liabilities of discontinued operations            222,000,000
   Other accrued liabilities                         726,000,000
                                                  --------------
Total current liabilities                          1,914,000,000

Liabilities subject to compromise                  4,274,000,000
Deferred employee benefits and other
   non-current liabilities                           273,000,000
Long-term debt                                        15,000,000
DIP financing                                        700,000,000
Minority interest in consolidate subsidiaries         85,000,000
Shareholder' equity                                  145,000,000
                                                  --------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY        $7,406,000,000
                                                  ==============

                        Dana Corporation
           Unaudited Condensed Statement of Operations
                 Month Ending November 30, 2006

Net Sales                                           $719,000,000
Costs and expenses
   Costs of sales                                    695,000,000
   Selling, general & administrative expenses         29,000,000
   Impairment of goodwill                                      0
   Other income, net                                   8,000,000
                                                    ------------
Income (loss) from operations                          3,000,000
Interest expense                                       5,000,000
Reorganization charges                                 8,000,000
                                                    ------------
Income (loss) before income taxes                    (10,000,000)
Income tax (expense) benefit                          (6,000,000)
Minority interest                                     (1,000,000)
Equity in earnings of affiliates                    (110,000,000)
                                                    ------------
Income (loss) before continuing operations           (17,000,000)
Income (loss) from discontinued operations            (3,000,000)
                                                    ------------
Net income (loss)                                   ($20,000,000)
                                                    ============

                        Dana Corporation
           Unaudited Condensed Statement of Cash Flow
                 Month Ending November 30, 2006

OPERATING ACTIVITIES
Net income (loss)                                   ($20,000,000)
Depreciation and amortization                         24,000,000
Charges related to divestitures & asset sales          1,000,000
Reorganization charges                                 8,000,000
Payment of reorganization charges                    (11,000,000)
Working capital                                        8,000,000
Other                                                 20,000,000
                                                    ------------
Net cash flow provided by
(used for) operating activities                       30,000,000

INVESTING ACTIVITIES
Purchases of property, plant and equipment           (19,000,000)
Proceeds from sale of assets                          (5,000,000)
Other                                                          0
                                                    ------------
Net cash flow provided by
(used for) operating activities                      (24,000,000)

FINANCING ACTIVITIES
Net change in short-term debt                          4,000,000
Payments of long-term debt                            (3,000,000)
Proceeds from DIP facility                                     0
Increase (decrease) in long-term                               0
                                                    ------------
Net cash flow provided by
(used for) financing activities                        1,000,000

Net increase in cash equivalents                       7,000,000
                                                    ------------
Cash and cash equivalents, beginning of period       716,000,000
                                                    ------------
Cash and cash equivalents, end of period            $723,000,000
                                                    ============

Toledo, Ohio-based Dana Corp. -- http://www.dana.com/-- designs    
and manufactures products for every major vehicle producer in the
world, and supplies drivetrain, chassis, structural, and engine
technologies to those companies.  Dana employs 46,000 people in 28
countries.  Dana is focused on being an essential partner to
automotive, commercial, and off-highway vehicle customers, which
collectively produce more than 60 million vehicles annually.  The
company and its affiliates filed for chapter 11 protection on
Mar. 3, 2006 (Bankr. S.D.N.Y. Case No. 06-10354).  Corinne Ball,
Esq., and Richard H. Engman, Esq., at Jones Day, in Manhattan and
Heather Lennox, Esq., Jeffrey B. Ellman, Esq., Carl E. Black,
Esq., and Ryan T. Routh, Esq., at Jones Day in Cleveland, Ohio,
represent the Debtors.  Henry S. Miller at Miller Buckfire & Co.,
LLC, serves as the Debtors' financial advisor and investment
banker.  Ted Stenger from AlixPartners serves as Dana's Chief
Restructuring Officer.  Thomas Moers Mayer, Esq., at Kramer Levin
Naftalis & Frankel LLP, represents the Official Committee of
Unsecured Creditors.  Fried, Frank, Harris, Shriver & Jacobson,
LLP serves as counsel to the Official Committee of Equity Security
Holders.  Stahl Cowen Crowley, LLC serves as counsel to the
Official Committee of Non-Union Retirees.  When the Debtors filed
for protection from their creditors, they listed $7.9 billion in
assets and $6.8 billion in liabilities as of Sept. 30, 2005.
(Dana Corporation Bankruptcy News, Issue No. 30; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or    
215/945-7000).


DELPHI CORP: Posts $226 Million Net Loss in November 2006
---------------------------------------------------------

                    Delphi Corporation, et al.
               Unaudited Consolidated Balance Sheet
                     As of November 30, 2006
                          (In Millions)

                              ASSETS

Current assets:
   Cash and cash equivalents                                $339
   Restricted cash                                           106
   Accounts receivable, net
      General Motors and affiliates                        1,928
      Other third parties                                  1,203
      Non-Debtor subsidiaries                                312
   Notes receivable from non-Debtor subsidiaries             341
   Inventories, net
      Productive material, work-in-process and supplies      959
      Finished goods                                         277
   Prepaid expenses and other                                293
                                                        --------
      TOTAL CURRENT ASSETS                                 5,758

Long-term assets:
   Property, net                                           2,415
   Investment in affiliates                                  367
   Investments in non-Debtor subsidiaries                  3,670
   Goodwill                                                  152
   Other intangible assets                                    37
   Pension intangible assets                                 394
   Other                                                     318
                                                        --------
TOTAL ASSETS                                             $13,111
                                                        ========

              LIABILITIES AND STOCKHOLDERS' DEFICIT

Current liabilities not subject to compromise:
   Secured debt in default                                $2,492
   Debtor-in-possession financing                            250
   Accounts payable                                        1,287
   Accounts payable to non-Debtor subsidiaries               373
   Accrued liabilities                                     1,221
                                                        --------
   TOTAL CURRENT LIABILITIES                               5,623

Long-term liabilities not subject to compromise:
   Employee benefit plan obligations and other               765
                                                        --------
   TOTAL LONG-TERM LIABILITIES                               765

Liabilities subject to compromise                         16,805
                                                        --------
   TOTAL LIABILITIES                                      23,193

Stockholders' deficit:
   Common stock                                                6
   Additional paid-in capital                              2,766
   Accumulated deficit                                   (11,087)
   Minimum pension liability                              (1,738)
   Accumulated other comprehensive loss                       23
   Treasury stock, at cost (3.2 million shares)              (52)
                                                        --------
   TOTAL STOCKHOLDERS' DEFICIT                           (10,082)
                                                        --------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT              $13,111
                                                        ========

                    Delphi Corporation, et al.
          Unaudited Consolidated Statement of Operations
                  Month Ended November 30, 2006
                          (In Millions)

Net sales:
   General Motors and affiliates                            $752
   Other customers                                           523
   Intercompany non-Debtor subsidiaries                       52
                                                        --------
Total net sales                                            1,327
                                                        --------
Operating expenses:
   Cost of sales                                           1,362
   U.S. employee special attrition program charges             -
   Selling, general and administrative                       101
   Depreciation and amortization                              54
   Goodwill and long-lived asset impairment charges            -
                                                        --------
Total operating expenses                                   1,517
                                                        --------
Operating loss                                              (190)

Interest expense                                             (31)
Other expense, net                                            (3)

Reorganization items                                          (5)
Income tax benefit (expense)                                   -
Equity income from non-consolidated subsidiaries               6
Equity income from non-Debtor subsidiaries, net of tax        (3)
Cumulative effect of accounting charge, net of tax             -
                                                        --------
NET LOSS                                                   ($226)
                                                        ========

                    Delphi Corporation, et al.
          Unaudited Consolidated Statement of Cash Flows
                  Month Ended November 30, 2006
                          (In Millions)

Cash flows from operating activities:
   Net loss                                                ($226)
   Adjustments to reconcile net loss
    to net cash provided by operating activities:
    Depreciation and amortization                             54
    Pension and other postretirement benefit expenses         97
    Equity income from unconsolidated subsidiaries, net       (6)
    Equity income from non-Debtor subsidiaries, net of tax     3
    Reorganization items                                       5
    U.S. employee attrition program charges                    -
   Changes in operating assets and liabilities:
    Accounts receivable, net                                 112
    Inventories, net                                          20
    Prepaid expenses and other                                17
    Accounts payable, accrued and other long-term debts     (119)
    Pension contributions                                     (1)
    Other postretirement benefit payments                    (28)
    Receipts (payments) for reorganization items, net         (2)
    Other                                                    (17)
                                                        --------
Net cash used in operating activities                        (91)

Cash flows from investing activities:
   Capital expenditures                                      (22)
   Increase in restricted cash                                 -
   Proceeds from sale of property                              -
   Other                                                       5
                                                        --------
Net cash used in investing activities                        (17)

Cash flows from financing activities:
   Repayments under cash overdraft                             -
   Repayments of borrowings under other debt                  (1)
                                                        --------
Net cash used in financing activities                         (1)
                                                        --------
Decrease in cash and cash equivalents                       (109)
Cash and cash equivalents at beginning of period             448
                                                        --------
Cash and cash equivalents at end of period                  $339
                                                        ========

Troy, Mich.-based Delphi Corporation -- http://www.delphi.com/--      
is the single largest global supplier of vehicle electronics,
transportation components, integrated systems and modules, and
other electronic technology.  The Company's technology and
products are present in more than 75 million vehicles on the road
worldwide.  The Company filed for chapter 11 protection on Oct. 8,
2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481).  John Wm. Butler
Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at
Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in
their restructuring efforts.  Robert J. Rosenberg, Esq., Mitchell
A. Seider, Esq., and Mark A. Broude, Esq., at Latham & Watkins
LLP, represents the Official Committee of Unsecured Creditors.
As of Aug. 31, 2005, the Debtors' balance sheet showed
$17,098,734,530 in total assets and $22,166,280,476 in total
debts.  (Delphi Bankruptcy News, Issue No. 53; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or     
215/945-7000)


ENTERGY NEW ORLEANS: Files Amended Schedule of Assets and Debts
---------------------------------------------------------------
Entergy New Orleans Inc. has amended its Schedule F to add
1,344 creditors to its list of unsecured non-priority claimants.

The claims listed in the Amended Schedule F, aggregating
$98,179,289, include:

          Creditor                                  Claim Amount
          --------                                  ------------
          American Electric Power Service               $268,290
          Baker Donelson                                 254,238
          Cincinnati Gas & Electric Co.                  528,806
          Citi Capital Bankers Leasing                   315,181
          Coral Energy Resources                       1,856,825
          Coral Power, LLC                               787,826
          Daniel F. Packer                               313,750
          Emergency Disaster Service                   1,019,658
          Entergy Arkansas, Inc.                       2,128,009
          Entergy Corp.                                4,707,661
          Entergy Gulf States, Inc.                    4,274,400
          Entergy Louisiana                            4,292,504
          Entergy Mississippi                          7,850,071
          Entergy Operations                           3,157,811
          Entergy Services, Inc.                      17,558,702
          Exelon Generation Co., LLC                     312,919
          Family RV Center                               262,414
          JF Electric, Inc.                              692,934
          NRG Power Marketing, Inc.                    3,128,017
          Par Electrical Constructors, Inc.              902,506
          Robinson Industries                            358,432
          Science Applications Int'l. Corp.              626,065
          SERI (Money Pool)                           22,557,523
          Suez Energy Marketing NA, Inc.                 430,627
          Sullivan & Worcester LLP                       205,293
          Union Power Partners, LP                       252,137
          Western Gas Resources, Inc.                  4,146,326

Headquartered in Baton Rouge, Louisiana, Entergy New Orleans Inc.
-- http://www.entergy-neworleans.com/-- is a wholly owned  
subsidiary of Entergy Corporation.  Entergy New Orleans provides
electric and natural gas service to approximately 190,000 electric
and 147,000 gas customers within the city of New Orleans.  Entergy
New Orleans is the smallest of Entergy Corporation's five utility
companies and represents about 7% of the consolidated revenues and
3% of its consolidated earnings in 2004.  Neither Entergy
Corporation nor any of Entergy's other utility and non-utility
subsidiaries were included in Entergy New Orleans' bankruptcy
filing.  Entergy New Orleans filed for chapter 11 protection on
Sept. 23, 2005 (Bankr. E.D. La. Case No. 05-17697).  Elizabeth J.
Futrell, Esq., and R. Partick Vance, Esq., at Jones, Walker,
Waechter, Poitevent, Carrere & Denegre, L.L.P., represent the
Debtor in its restructuring efforts.  Carey L. Menasco, Esq.,
Philip Kirkpatrick Jones, Jr., Esq., and Joseph P. Hebert, Esq.,
at Liskow & Lewis, APLC, represent the Official Committee of
Unsecured Creditors.  When the Debtor filed for protection from
its creditors, it listed total assets of $703,197,000 and total
debts of $610,421,000.  (Entergy New Orleans Bankruptcy News,
Issue No. 33; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


ENTERGY NEW ORLEANS: Earns $212,000 in November 2006
----------------------------------------------------

                  Entergy New Orleans, Inc.
                       Balance Sheet
                   As of November 30, 2006
                       (in thousands)

ASSETS
Current Assets:
Cash and cash equivalents
Cash                                                         $93
Temporary cash investments                                14,948
                                                      ----------
Total cash and cash equivalents                           15,041

Accounts receivable:
Customer                                                  52,750
Allowance for doubtful accounts                          (10,781)
Associated companies                                      11,816
Other                                                      6,950
Accrued unbilled revenues                                 23,309
                                                      ----------
Total accounts receivable                                 84,044

Deferred fuel costs                                       20,477
Fuel inventory                                             3,574
Materials and supplies                                     7,418
Prepayments and other                                      6,260
                                                      ----------
Total current assets                                     136,814

Other Property and Investments
Investment in affiliates                                   3,259
Non-utility property at cost                               1,107
                                                      ----------
Total other property and investments                       4,366

Utility Plant
Electric                                                 739,831
Natural gas                                              189,074
Construction work in progress                             38,429
                                                      ----------
Total Utility Plant                                      967,334

Less - accumulated depreciation and amortization         413,263
                                                      ----------
Utility plant - net                                      554,071

Deferred Debits and Other Assets
Regulatory assets:
Other regulatory assets                                  173,907
Long term receivables                                      1,022
Other                                                     21,146
                                                      ----------
Total deferred debits and other assets                   196,075
                                                      ----------
TOTAL ASSETS                                            $891,326
                                                      ==========

LIABILITIES:

Postpetition liabilities:
Taxes payable                                             $3,839
Accounts payable                                          36,509
DIP credit facility                                       21,841
                                                      ----------
Total postpetition liabilities                            62,189

Current liabilities:
Currently maturing long-term debt                              -
Notes payable                                                  -
Accounts payable:
Associated companies                                      63,847
Other                                                     71,559
Customer deposits                                         14,058
Taxes accrued                                             20,564
Accumulated deferred income taxes                          3,619
Interest accrued                                           5,874
Energy efficiency program provision                            -
Other                                                      4,165
                                                      ----------
Total current liabilities                                183,686

Non-current liabilities:
Accumulated deferred income taxes & taxes accrued        106,366
Accumulated deferred investment tax credits                3,190
SFAS 109 regulatory liability - net                       58,224
Other regulatory liabilities                                   -
Accumulated provisions                                    10,829
Pension liability                                         42,177
Long-term debt                                           229,873
Other                                                      4,127
                                                      ----------
Total non-current liabilities                            454,786
                                                      ----------
Total Liabilities                                        700,661

Commitments and Contingencies:

SHAREHOLDERS' EQUITY

Preferred stock without sinking fund                      19,780
Common stock, $4 par value, authorized
10,000,000 shares; issued and
outstanding 8,435,900 shares in
2005 and 2004                                             33,744
Paid-in capital                                           36,294
Retained earnings -- prepetition                          99,593
Retained earnings -- postpetition                          1,254
                                                      ----------
Total shareholders equity                                190,665
                                                      ----------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY              $891,326
                                                      ==========

                  Entergy New Orleans, Inc.
                  Statement of Operations
                Month Ended November 30, 2006
                       (in thousands)

Operating Revenues
Domestic electric                                        $33,299
Natural gas                                                8,084
                                                      ----------
Total operating revenues                                  41,383

Operating Expenses:
Operation and maintenance
  Fuel                                                    13,361
  Purchased power                                         14,824
  Other operation and maintenance                          6,930
Taxes other than income taxes                              3,280
Depreciation and amortization                              1,701
Other regulatory charges - net                               360
                                                      ----------
Total operating expenses                                  40,456
                                                      ----------
Operating income                                             927

Other income:
Allowance for equity funds used
during construction                                           40
Interest and dividend income                                 842
Miscellaneous - net                                          (67)
                                                      ----------
Total other income                                           815

Interest and other charges:
Interest on long-term debt                                 1,078
Other interest-net                                           395
Allowance for borrowed funds used
during construction                                          (29)
                                                      ----------
Total interest and other charges                           1,444

Income (loss) before income taxes                            298
Income taxes                                                  86
                                                      ----------
NET INCOME                                                  $212
                                                      ==========

                  Entergy New Orleans, Inc.
          Cash Receipts and Disbursement Statement
                Month Ended November 30, 2006

Beginning cash balance                                  $660,963

Cash receipts                                        100,934,226
Cash disbursements                                  (101,502,108)
                                                      ----------
Net cash flow                                           (567,883)
                                                      ----------
ENDING CASH BALANCE                                      $93,080
                                                      ==========

Headquartered in Baton Rouge, Louisiana, Entergy New Orleans Inc.
-- http://www.entergy-neworleans.com/-- is a wholly owned  
subsidiary of Entergy Corporation.  Entergy New Orleans provides
electric and natural gas service to approximately 190,000 electric
and 147,000 gas customers within the city of New Orleans.  Entergy
New Orleans is the smallest of Entergy Corporation's five utility
companies and represents about 7% of the consolidated revenues and
3% of its consolidated earnings in 2004.  Neither Entergy
Corporation nor any of Entergy's other utility and non-utility
subsidiaries were included in Entergy New Orleans' bankruptcy
filing.  Entergy New Orleans filed for chapter 11 protection on
Sept. 23, 2005 (Bankr. E.D. La. Case No. 05-17697).  Elizabeth J.
Futrell, Esq., and R. Partick Vance, Esq., at Jones, Walker,
Waechter, Poitevent, Carrere & Denegre, L.L.P., represent the
Debtor in its restructuring efforts.  Carey L. Menasco, Esq.,
Philip Kirkpatrick Jones, Jr., Esq., and Joseph P. Hebert, Esq.,
at Liskow & Lewis, APLC, represent the Official Committee of
Unsecured Creditors.  When the Debtor filed for protection from
its creditors, it listed total assets of $703,197,000 and total
debts of $610,421,000.  (Entergy New Orleans Bankruptcy News,
Issue No. 33; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


NORTHWEST AIRLINES: Posts $274 Million Net Loss in November 2006
----------------------------------------------------------------

                 Northwest Airlines Corporation
        Unaudited Condensed Consolidated Balance Sheet
                      As of November 30, 2006

ASSETS

Current assets:
   Cash and cash equivalents                      $1,693,000,000
   Unrestricted short-term investments               589,000,000
   Restricted cash, cash equivalents &
      short-term investments                         401,000,000
   Accounts receivable, net                          634,000,000
   Flight equipment spare parts, net                 109,000,000
   Prepaid expenses & other                          348,000,000
                                                 ---------------
Total current assets                               3,774,000,000

Property and equipment:
   Flight equipment, net                           7,432,000,000
   Other property & equipment, net                   577,000,000
                                                 ---------------
Total property & equipment                         8,009,000,000

Flight Equipment under capital leases, net            21,000,000

Other assets:
   International routes                              634,000,000
   Investments in affiliated companies                39,000,000
   Other                                             893,000,000
                                                 ---------------
Total other assets                                 1,566,000,000
                                                 ---------------
Total assets                                     $13,370,000,000
                                                 ===============

LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)

Current liabilities:
   Air traffic liability                          $1,722,000,000
   Accounts payable & other liabilities            1,398,000,000
   Current maturities of long-term debt
      & capital lease obligations                    172,000,000
                                                 ---------------
Total current liabilities                          3,292,000,000

Long-term debt                                     3,427,000,000

Deferred Credits & other liabilities:
   Long-term pension & postretirement
      Health care benefits                           142,000,000
   Other                                             188,000,000
                                                 ---------------
Total deferred credits & other liabilities           330,000,000

Liabilities Subject to Compromise                 14,273,000,000

Preferred redeemable stock subject to Compromise     278,000,000

Common Stockholders' Equity (Deficit)
   Common stock                                        1,000,000
   Additional paid-in capital                      1,504,000,000
   Accumulated deficit                            (7,353,000,000)
   Accumulated other comprehensive income (loss)  (1,369,000,000)
   Treasury stock                                 (1,013,000,000)
                                                 ---------------
Total common stockholders' equity (deficit)       (8,230,000,000)
                                                 ---------------
Total Liabilities &
   Stockholders' Equity (deficit)                $13,370,000,000
                                                 ===============

                 Northwest Airlines Corporation
   Unaudited Condensed Consolidated Statement of Operations
                  For Month Ended November 30, 2006

Operating Revenues
   Passenger                                        $712,000,000
   Regional carrier revenues                         101,000,000
   Cargo                                              86,000,000
   Other                                              82,000,000
                                                 ---------------
   Total Operating Revenues                          981,000,000

Operating Expenses
   Aircraft fuel and taxes                           246,000,000
   Salaries, wages, and benefits                     200,000,000
   Aircraft maintenance materials and repair          83,000,000
   Selling and marketing                              56,000,000
   Other rentals and landing fees                     45,000,000
   Depreciation and amortization                      42,000,000
   Aircraft rentals                                   18,000,000
   Regional carrier expenses                         104,000,000
   Other                                             113,000,000
   Other unusual items                                22,000,000
                                                 ---------------
   Total Operating Expenses                          929,000,000

Operating Income (Loss)                               52,000,000

Other Income (Expense)
   Interest expense, net                             (52,000,000)
   Investment income                                  13,000,000
   Reorganization items, net                        (290,000,000)
   Other, net                                          3,000,000
                                                 ---------------
   Total other income (expense)                     (326,000,000)
                                                 ---------------
Income (Loss) Before Income Taxes                   (274,000,000)

   Income tax expense (benefit)                               --
                                                 ---------------
Net Income (Loss)                                  ($274,000,000)
                                                 ===============

                 Northwest Airlines Corporation
   Unaudited Condensed Consolidated Statements of Cash Flows
                 For Month Ended November 30, 2006

Cash Flows from Operating Activities:
   Net income (loss)                               ($274,000,000)
   Adjustments to reconcile net loss to net
      cash provided by (used in)
      operating activities:
      Depreciation and amortization                   42,000,000
      Pension and other postretirement benefit
         contributions less than expense              13,000,000
      Changes in certain assets & liabilities       (118,000,000)
      Long-term vendor deposits/holdbacks              7,000,000
      Reorganization items                           290,000,000
      Other, net                                      (8,000,000)
                                                 ---------------
Net cash provided by operating activities            (48,000,000)

Cash Flows from Reorganization Activities:
   Net cash provided by (used in)
      reorganization activities                      (12,000,000)

Cash Flows from Investing Activities:
   Capital expenditures                              (88,000,000)
   Proceeds from sales of short term investment        5,000,000
   Decrease (increase) in restricted cash
      cash equivalents & short-term investments      262,000,000
   Other, net                                          1,000,000
                                                 ---------------
Net cash provided by (used in) investing
   activities                                        180,000,000

Cash Flows from Financing Activities:
   Proceeds from long-term debt                      203,000,000
   Payments of long-term debt and capital
      lease obligations                             (244,000,000)
   Other, net                                                  -
                                                 ---------------
Net cash provided by (used in)
   financing activities                              (41,000,000)
                                                 ---------------
Increase (Decrease) in Cash and
   Cash Equivalents                                   79,000,000

Cash & cash equivalents at beginning of period     1,614,000,000
                                                 ---------------
Cash & cash equivalents at end of period          $1,693,000,000
                                                 ===============

Northwest Airlines Corp. (OTC: NWACQ) -- http://www.nwa.com/  
-- is the world's fourth largest airline with hubs at Detroit,
Minneapolis/St. Paul, Memphis, Tokyo and Amsterdam, and
approximately 1,400 daily departures.  Northwest is a member of
SkyTeam, an airline alliance that offers customers one of the
world's most extensive global networks.  Northwest and its travel
partners serve more than 900 cities in excess of 160 countries on
six continents.  The Company and 12 affiliates filed for chapter
11 protection on Sept. 14, 2005 (Bankr. S.D.N.Y. Lead Case No.
05-17930).  Bruce R. Zirinsky, Esq., and Gregory M. Petrick, Esq.,
at Cadwalader, Wickersham & Taft LLP in New York, and Mark C.
Ellenberg, Esq., at Cadwalader, Wickersham & Taft LLP in
Washington represent the Debtors in their restructuring efforts.
The Official Committee of Unsecured Creditors has retained Akin
Gump Strauss Hauer & Feld LLP as its bankruptcy counsel in the
Debtors' chapter 11 cases.  When the Debtors filed for protection
from their creditors, they listed $14.4 billion in total assets
and $17.9 billion in total debts.  The Debtors' exclusive period
to file a chapter 11 plan expires on Jan. 16, 2007.

(Northwest Airlines Bankruptcy News, Issue No. 51; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or   
215/945-7000).


PERFORMANCE TRANSPORTATION: Files November 2006 Operating Report
----------------------------------------------------------------

                Performance Logistics Group, Inc.
        In re. Leaseway Motorcar Transport Company, et al.
                    U.S. Operations Cash Flow
              For the Month Ended November 30, 2006

Book balance:
    Opening book balance, 10/01/06                    $6,622,033
                                                     -----------
Receipts
    Customers                                         24,775,717
    Miscellaneous receipts                                85,162
                                                     -----------
    Total receipts                                    24,860,879
                                                     -----------
Disbursements
    Payroll, payroll taxes & fringe benefits          13,313,155
    Insurance & cargo losses                           2,201,984
    Fuel and fuel taxes                                2,911,566
    Parts, tires, other operating supplies & expenses  1,662,280
    Licenses, permits & tolls                            443,024
    Tractor, trailer lease payments                      131,552
    Building, land, service vehicles and other rents     393,754
    Interest & bank fee payments                       1,819,812
    Income, franchise & property taxes                       100
    Misc/DIP Line (Draw) / Repayments                          -
    Capital expenditures                                 123,518
    Professional Fees                                    588,619
                                                     -----------
    Total Disbursements                               23,589,364
                                                     -----------
Closing Book Balance, End of Month                   $7,893,548
                                                     ===========

The Debtors filed with the Court their Monthly Operating
Statement for the period November 1 to 30, 2006.

The Operating Statements do not include a Balance Sheet or
Statement of Operations.  The Debtors, however, disclosed a
$2,081,700 operating net loss for the period.

A full-text copy of the Debtors' November 2006 Operating
Statements is available for free at:

              http://ResearchArchives.com/t/s?1853

Headquartered in Wayne, Michigan, Performance Transportation
Services, Inc. -- http://www.pts-inc.biz/-- is the second largest    
transporter of new automobiles, sport-utility vehicles and light
trucks in North America.  The Company provides transit stability,
cargo damage elimination and proactive customer relations that are
second to none in the finished vehicle market segment.  The
company's chapter 11 case is administered jointly under Leaseway
Motorcar Transport Company.

Headquartered in Niagara Falls, New York, Leaseway Motorcar
Transport Company Debtor and 13 affiliates filed for chapter 11
protection on Jan. 25, 2006 (Bankr. W.D.N.Y. Case No. 06-00107).
James A. Stempel, Esq., James W. Kapp, III, Esq., and Jocelyn A.
Hirsch, Esq., at Kirkland & Ellis, LLP, and Garry M. Graber, Esq.,
at Hodgson Russ LLP represent the Debtors in their restructuring
efforts.  David Neier, Esq., at Winston & Strawn LLP, represents
the Official Committee of Unsecured Creditors.  When the Debtors
filed for protection from their creditors, they estimated assets
between $10 million and $50 million and more than $100 million in
debts.  (Performance Bankruptcy News, Issue No. 21; Bankruptcy
Creditors' Service, Inc. http://bankrupt.com/newsstand/or    
215/945-7000).


WERNER HOLDING: Posts $8.6 Million Net Loss in November 2006
------------------------------------------------------------

         Werner Holding Co. (PA), Inc., and Subsidiaries
              Unaudited Consolidated Balance Sheet
                     As of November 30, 2006

ASSETS
Current Assets:
Cash and cash equivalents                            $21,602,000
Receivables, net                                      73,316,000
Income taxes receivable (payable)                      1,309,000
Inventories, net                                      61,686,000
Prepaid insurance and other                            7,845,000
                                                    ------------
Total current assets                                 165,758,000

Property, Plant & Equipment, Net                      73,769,000

Other assets:
Deferred financing fess, net                          10,234,000
Investment in subsidiaries                                     -
Other non-current assets                               6,793,000
                                                    ------------
Total other assets                                    17,027,000

TOTAL ASSETS                                        $256,554,000
                                                    ============

LIABILITIES AND SHAREHOLDERS' DEFICIT
Current liabilities:
Accounts payable                                     $16,018,000
Accrued liabilities                                   40,825,000
Intercompany payable (receivables)                             -
First lien revolving credit facility                  39,251,000
Current maturities of long-term debt                 183,918,000
                                                    ------------
Total current liabilities                            280,012,000

Long-Term Liabilities:
Long-term debt                                        89,249,000
Reserve for product liability and
   workers' compensation claims                        8,572,000
Other long-term obligations                            2,401,000
Liabilities subject to compromise                    209,944,000
                                                    ------------
Total Liabilities                                    590,178,000

Convertible preferred stock                          100,234,000

Shareholders' Deficit:
Common stock                                               1,000
Additional paid-in-capital                            17,375,000
Retained earnings (deficit)                         (439,261,000)
Accumulated other comprehensive income (loss)        (11,776,000)
N/R arising from stock loan plan                        (197,000)
                                                    ------------
Total Shareholders' Deficit                         (433,858,000)
                                                    ------------
TOTAL LIABILITIES & SHAREHOLDERS' DEFICIT           $256,554,000
                                                    ============

         Werner Holding Co. (PA), Inc., and Subsidiaries
         Unaudited Consolidated Statement of Operations
                     November 1 to 30, 2006

Net sales                                            $30,996,000
Total cost of sales                                   24,817,000
                                                    ------------
Gross profit                                           6,179,000

Total operating expenses                               9,257,000

Operating income (loss)                               (3,078,000)
Equity in net income (loss) of subsidiaries                    -
Other income (expense), net                              (33,000)
                                                    ------------
Income (loss) before interest,
reorganization items and taxes                        (3,111,000)

Reorganization Items:
   Gain on Termination of Benefit Plan                         -
  (Restructuring Process Fees)                        (1,566,000)
   Interest Income                                        56,000
                                                    ------------
Reorganization Items, Net                             (1,510,000)
                                                    ------------
Interest (loss) before interest and taxes             (4,621,000)
Inter-company interest expense                                 -
Interest expense                                       4,158,000
                                                    ------------
Income (loss) before income taxes                     (8,779,000)
Provision (benefit) for income taxes                    (164,000)
                                                    ------------
Net Income (Loss)                                    ($8,615,000)
                                                    ============

         Werner Holding Co. (PA), Inc., and Subsidiaries
         Unaudited Consolidated Statement of Cash Flows
                     November 1 to 30, 2006

Cash flows provided (used) by
   operating activities                               $1,876,000

Cash Flows From Investing Activities:
Capital expenditures, net                               (271,000)
Proceeds from sale of property                                 -
                                                    ------------
Net cash used in investing activities                   (271,000)

Cash Flows From Financing Activities:
Borrowings of long-term debt                                   -
Repayments of long-term debt                                   -
Capital lease payments                                  (178,000)
Net borrowings under first lien revolving
   credit facility                                             -
Debt issuance costs                                            -
                                                    ------------
Net cash provided (used) by financing activities        (178,000)

Net increase (decrease) in cash and equivalents        1,427,000
Cash and equivalents at November 1, 2006              20,175,000
                                                    ------------
Cash and equivalents at November 30, 2006            $21,602,000
                                                    ============

Headquartered in Greenville, Pennsylvania, Werner Co.
-- http://www.wernerladder.com/-- manufactures and distributes    
ladders, climbing equipment and ladder accessories.  The company
and three of its affiliates filed for chapter 11 protection on
June 12, 2006 (Bankr. D. Del. Case No. 06-10578).

The firm of Willkie Farr & Gallagher LLP serves as the Debtors'
counsel.  Kara Hammond Coyle, Esq., Matthew Barry Lunn, Esq., and
Robert S. Brady, Esq., Young, Conaway, Stargatt & Taylor, LLP,
represents the Debtors as its co-counsel.  The Debtors have
retained Rothschild Inc. as their financial advisor.  Greenberg
Traurig LLP is counsel to the Official Committee of Unsecured
Creditors.  Jefferies & Co serves as the Committee's financial
advisor.

At March 31, 2006, the Debtors reported total assets of
$201,042,000 and total debts of $473,447,000.  (Werner Ladder
Bankruptcy News, Issue No. 16; Bankruptcy Creditors' Service,
Inc., http://bankrupt.com/newsstand/or 215/945-7000).  

                             *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR 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
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Nothing in the TCR constitutes an offer or solicitation to buy or
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Each Tuesday edition of the TCR contains a list of companies with
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For copies of court documents filed in the District of Delaware,
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of Delaware, contact Ken Troubh at Nationwide Research &
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                             *********

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 is a daily newsletter co-published
by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland,
USA.  Marie Therese V. Profetana, Robert Max Victor M. Quiblat II,
Shimero R. Jainga, Joel Anthony G. Lopez, Melvin C. Tabao, Rizande
B. Delos Santos, Cherry A. Soriano-Baaclo, Ronald C. Sy, Jason A.
Nieva, Lucilo M. Pinili, Jr., Tara Marie A. Martin, and Peter A.
Chapman, Editors.

Copyright 2007.  All rights reserved.  ISSN: 1520-9474.

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