TCR_Public/080920.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, September 20, 2008, Vol. 12, No. 225

                             Headlines

ACCEPTANCE INSURANCE: Posts $90,551 Net Loss in August 2008
AEGIS MORTGAGE: Posts $8,856,963 Net Loss in Month Ended July 31
BOMBAY COMPANY: Posts $275,824 Net Loss in July 2008
REUNION INDUSTRIES: Posts $80,000 Net Loss in Month Ended July 31
STEVE & BARRY'S: 4004 Inc.'s Schedules of Assets and Liabilities

TWEETER HOME: Posts $255,944 Net Loss in Month Ended June 30
QUEBECOR WORLD: Posts $11,600,000 Net Loss in Month Ended Aug. 2
S & A RESTAURANT: S&A Ill. Files Schedules of Assets and Debts
S & A RESTAURANT: S&A Mass. Files Schedules of Assets and Debts
S & A RESTAURANT: S&A Properties Files Schedules of Assets & Debts

WHITEHALL JEWELERS: Files Operating Report for June 23 to July 5

                             *********

ACCEPTANCE INSURANCE: Posts $90,551 Net Loss in August 2008
-----------------------------------------------------------
Acceptance Insurance Companies Inc. reported total assets of
$23,795,947, total liabilities of $138,192,823, and stockholders'
deficit of $114,396,876 as of Aug. 31, 2008.

For the month ended Aug. 31, 2008, the Debtor generated total
revenue of $1,415 and incurred a net loss of $90,551.

A full-text copy of the Debtor's August 2008 monthly report is
available for free at http://researcharchives.com/t/s?3258

                     About Acceptance Insurance

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.
-- each filed 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.  Lawyers at McGrath North Mullin & Kratz PC LLO represent
the Official Committee of Unsecured Creditors in Acceptance
Insurance's case.


AEGIS MORTGAGE: Posts $8,856,963 Net Loss in Month Ended July 31
----------------------------------------------------------------

                Aegis Mortgage Corporation, et al.
                    Consolidated Balance Sheet
                       As of July 31, 2008


Unrestricted Cash & Equivalents                     $38,373,582
Restricted Cash and Equivalents                      20,801,580    
                                                 --------------
  Total Cash and Cash Equivalents                    59,175,162
                                                               
Prime loans                                              (5,659)
Nonconforming Loans                                           -
Loan Premium (Discount), net                          2,204,485
Repurchased Loans                                             -      
Loan Loss Reserve                                             -
                                                 --------------
  Mortgage Loans Held for Sale                        2,198,826        

ABS Nonconforming                                 2,945,487,760
ABS Loan Premium (Discount), net                    (17,200,217)   
ABS Loan Loss Reserve                              (194,358,608)
                                                 --------------
  Mortgage Loans Held for Investment              2,733,928,935
                                                               
Accrued Interest - Loans Held for Sale                        -
Accrued Int. - Loans Held for Investment             18,711,445
                                                 --------------
Accrued Interest Receivable                          18,711,445    
                                                               
Mortgage Servicing Rights                                     -
Property and Equipment, net                             164,675  
Deferred Income Taxes                                70,315,434    
Goodwill                                                      -
Prepaid Rent and Deposits                               743,428      
Derivative Assets                                   (10,683,531)   
Receivable for Advances                              22,547,020  
Servicer Related                                        298,752
Other Assets                                        638,300,379  
Intercompany Receivable                                       0
                                                 --------------
TOTAL ASSETS                                     $3,535,700,526
                                                 ==============

                Liabilities & Shareholder's Equity

N/P Warehouse - Prime                              (540,186,233)
N/P Warehouse - Nonconforming                       (25,222,476)
N/P Warehouse - Other                               (11,886,801)     
N/P Warehouse - Repurchased                         (11,933,754)      
                                                 --------------
Warehouse and Repurchase Facilities                (589,229,263)      

Bonds Payable                                    (2,918,642,779)
NAS IO Bonds Payable                                 (1,109,490)
NIM Bonds Payable                                   (52,989,614)    
Bond Premium (Discount), net                         20,779,306    
                                                 --------------
  Bond Financing on Mortgage                     (2,951,962,577)  
  Loans Held for Investment                          
                                                               
  Subordinated Debt                                (177,156,872)
  Accrued Interest Payable                           (9,630,598)
  Accounts Payable and
   Accrued Expenses                                 (74,381,047)
  Notes Payable-Other                                         -
                                                 --------------
Total Liabilities                                (3,802,360,357)       
                                                               
Common Stock                                            (97,386)
Preferred Stock                                        (104,000)    
Other Comprehensive Income                                    -         
Paid in Capital                                     (56,850,415)   
NR Related to Common Stock                            5,890,925     
Distributions                                            (6,500)
Treasury Stock                                                -       
Dividends                                                52,000
Retained Earnings                                    61,414,176  
Current Net Income Prepetition                      154,178,153
Current Net Income                                  102,182,878  
                                                 --------------
Total Equity                                        266,659,831
                                                 --------------
TOTAL LIABILITIES & EQUITY                       $3,535,700,526  
                                                 ==============

                 Aegis Mortgage Corporation, et al.
                   Consolidated Income Statement
                        July 1 to 31, 2008

Loans Held for Sale
  Interest Income                                       $52,045
  Interest Expense                                            -
  Servicing Expense                                     (33,939)
                                                 --------------
  Net Interest Income                                    18,106    

Loans Held for Investment
  Interest Income                                    21,214,833  
  Interest Expense                                  (10,380,186)  
  Servicing Expense                                  (1,302,192)
                                                 --------------
  Net Interest Income                                 9,532,455       
                                                               
Gains on Sale                                                 -
Premiums Paid                                                 -
Loan Points                                                   -
Loan Origination Fees                                         -
Broker Fees Received                                          -
                                                 --------------
  Production Income                                           -
                                                               
Servicing and Prepayment Income                          86,126
Late Charges                                                  -      
                                                 --------------
  Total Servicing Fees                                   86,126      
                                                               
Other Income (Loss)                                    (572,648)      
                                                 --------------
Total Revenue                                         9,064,039       

Salaries
190,361                                                
Bonuses                                                       -      
Commissions                                                   -    
Employee Benefits                                             -
Payroll Taxes                                            11,582
Meetings & Travel                                             -  
Meals & Entertainment                                       431  
                                                 --------------
  Total Personnel Expenses                              202,374   
                                                               
Rent                                                     44,722
Telephone                                                 6,202
Office Supplies                                          (1,293)   
Shipping & Postage                                          691
Equipment                                                48,584
                                                 --------------
  Total Office Expenses                                  98,906

Professional Expense                                    379,868
Marketing                                                   (47)    
Loan Related Expenses                                    58,059  
Banking                                                     966      
Other Taxes/Licenses/Fees                                39,826  
Other Expenses                                           18,520  
                                                 --------------
  Total Other Expenses                                  497,193         
                                                               
  Direct Operating Expense                              798,473
  Direct Operating Income (Loss)                      8,265,566
                                                               
Loan Loss Provision                                  17,048,060         
Deferred SFAS 91 Expenses                                     -         
Sub Debt Expense                                              -
Depreciation Expense                                     73,634        
Amortization                                                  -     
Direct Allocation to Subs                                     -
Allocation Between Subs                                       -
                                                 --------------
  Indirect Operating Expense                         17,121,694      
                                                 --------------

Total Expenses                                       17,920,167   
                                                    
Income (Loss) Before Taxes                           (8,856,128)     
                                                               
Federal and State Income Taxes                              835     
                                                 --------------
Net Income (Loss)                                   ($8,856,963)   
                                                 ==============

                Aegis Mortgage Corporation, et al.
                    Receipts and Disbursements
                        July 1 to 31, 2008

Cash Beginning of Month                              32,017,306

RECEIPTS:
Cash Sales                                                    0
Accounts Receivable                                      99,151    
Loans and Advances                                            0
Sale of Assets                                                0   
Other--Interest on Cash Account                          51,968        
Transfers (from DIP Accounts)                                 0
Reclass cash to restricted                                    0
                                                 --------------
   Total Receipts                                       151,119

DISBURSEMENTS:
Net Payroll                                            (136,605)
Payroll Taxes                                           (82,490)      
Sales, Use & Other Taxes                              6,936,809
Inventory Purchases                                           0
Secured/Rental/Leases                                         0   
Insurance--Health Benefits                                    0  
Administrative                                         (131,087)
Selling                                                       0
Other NSF's                                                   0
Owner Draw                                                    0
Transfers to DIP Accounts                                     0
Professional Fees                                      (382,003)
U.S. Trustee Quarterly Fees                                   0
Court Costs                                                   0
                                                 --------------
Total Disbursements                                   6,204,622    
                                                 --------------
Net Cash Flow                                         6,355,742      
                                                 --------------
Cash-End of Month                                   $38,373,048   
                                                 ==============

Headquartered in Houston, Texas, Aegis Mortgage Corporation --
http://www.aegismtg.com/-- offers a variety of mortgage
loan            
products to brokers through its subsidiaries.  The company
together with 10 affiliates filed for chapter 11 protection on
Aug. 13, 2007 (Bankr. D. Del. Case No. 07-11119).  Curtis A. Hehn,
Esq., James E. O'Neill, Esq., Laura Davis Jones, Esq., and Timothy
P. Cairns, Esq., at Pachulski, Stang, Ziehl, & Jones, L.L.P.,
serve as counsel to the Debtors.  The Official Committee of
Unsecured Creditors is represented by Landis Rath & Cobb LLP. In
schedules filed with the Court, Aegis disclosed total assets of
$138,265,342 and total debts of $4,125,470.  

The Debtors exclusive period to file a plan expired on Aug. 7,
2008.  (Aegis Bankruptcy News, Issue No. 25; Bankruptcy Creditors'
Service, Inc., http://bankrupt.com/newsstand/or 215/945-7000).    


BOMBAY COMPANY: Posts $275,824 Net Loss in July 2008
----------------------------------------------------
The Bombay Company Inc. and its debtor-affiliates filed their
monthly operating report for July 2008.

The Debtors had total assets of $30,851,464, total liabilities
of $29,580,313, and total stockholders' equity of $1,271,151 as
of July 2008.

For the month, the Debtors generated zero revenues and incurred
a net loss of $275,824.

Cash at the beginning of the month was $18,941,087, and cash at
the end of the month was $20,898,982.

A full-text copy of the Debtors' July 2008 monthly operating
report is available for free at:

               http://researcharchives.com/t/s?325a

                       About Bombay Company

Based in Fort Worth, Texas, The Bombay Company Inc., (OTC
Bulletin Board: BBAO) -- http://www.bombaycompany.com/-- designs,
sources and markets a unique line of home accessories, wall decor
and furniture through 384 retail outlets and the Internet in the
U.S. and internationally, including Cayman Islands.

The company and five of its debtor-affiliates filed for Chapter 11
protection on Sept. 20, 2007 (Bankr. N.D. Tex. Lead Case No.
07-44084).  Robert D. Albergotti, Esq., John D. Penn, Esq., Ian T.
Peck, Esq., and Jason B. Binford, Esq., at Haynes and Boone, LLP,
represent the Debtors.

The Bombay Furniture Company of Canada Inc. -- La Compagnie de
Mobilier Bombay Du Canada Inc. -- sought protection from its
creditors from the Ontario Superior Court of Justice on Sept. 20,
2007.

The U.S. Trustee for Region 6 appointed seven creditors to serve
on an Official Committee of Unsecured Creditors.  Attorneys at
Cooley, Godward, Kronish LLP act as counsel to the Unsecured
Creditors Committee.  


REUNION INDUSTRIES: Posts $80,000 Net Loss in Month Ended July 31
-----------------------------------------------------------------
Reunion Industries, Inc. reported a net loss of $80,000 on net
sales of $1,496,000 for the month of July 2008.

As of July 31, 2008, the Debtor had $24,582,000 in total assets,
$9,468,000 in total liabilities, and $15,114,000 in total
stockholders' equity.

A full-text copy of the Debtor's July 2008 monthly operating
report is available for free at:

               http://researcharchives.com/t/s?3252

                     About Reunion Industries

Headquartered in Pittsburgh, Pennsylvania, Reunion Industries,
Inc. owns and operates industrial manufacturing operations that
design and manufacture engineered, high quality products for
specific customer requirements.  These products include large
diameter seamless pressure vessels, manufactured by its CP
Industries division, and hydraulic and pneumatic cylinders,
manufactured by its Hanna Cylinders division.  In addition,
the Debtor has a 65% interest in Shanghai Klemp Metal Products
Co., Ltd., a Chinese company located in Shanghai, China.
Shanghai Klemp manufactures metal bar grating.

Reunion Industries filed for chapter 11 protection on Nov. 26,
2007 (Bankr. D. Conn. Case No. 07-50727).  Two Reunion Industries
stockholders, Charles E. Bradley, Sr. Family, L.P., and John Grier
Poole Family, L.P., filed separate chapter 11 petitions on the
same day (Bankr. D. Conn. Case Nos. 07-50725 and 07-50726).  Carol
A. Felicetta, Esq. at Reid and Riege, P.C.S. represents the
Debtors in their restructuring efforts.


STEVE & BARRY'S: 4004 Inc.'s Schedules of Assets and Liabilities
----------------------------------------------------------------  
4004 Inc., debtor-affiliate of Steve & Barry's LLC, delivered to
the U.S. Bankruptcy Court for the Southern District of New York
its schedules of assets and liabilities, disclosing:

A.   Real Property                                            $0
  
B.   Personal Property                                         0
B.1  Cash on hand                                              0
B.2  Bank Accounts                                             0
B.3  Security Deposit                                          0
B.4  Household goods                                           0
B.5  Book, artwork and collectibles                            0
B.6  Wearing apparel                                           0
B.7  Furs and jewelry                                          0
B.8  Firearms and other equipment                              0
B.9  Insurance Policies                                        0
B.10 Annuities                                                 0
B.11 Interests in an education IRA                             0
B.12 Interests in pension plans                                0
B.13 Stock and Interests                                       0
B.14 Interests in partnerships & joint venture                 0
B.15 Government and corporate bonds                            0
B.16 Accounts Receivable                                       0
B.17 Alimony                                                   0
B.18 Other Liquidated Debts Owing Debtor                       0
B.19 Equitable or future interests                             0
B.20 Interests in estate death benefit plan                    0
B.21 Other Contingent and Unliquidated Claims                  0
B.22 Patents                                             unknown
B.23 Licenses, franchises & other intangibles                  0
B.24 Customer lists or other compilations                      0
B.25 Vehicles                                                  0
B.26 Boats, motors and accessories                             0
B.27 Aircraft and accessories                                  0
B.28 Office Equipment                                          0
B.29 Equipment and Supplies for Business                       0
B.30 Inventory                           
       Store 500                                       2,070,395
       Store 504                                       1,043,873
       Store 505                                         618,506
       Store 507                                         524,376
       Store 508                                          71,080
       Store 512                                       1,407,903
       Store 518                                          95,108
       Store 520                                         674,995
       Store 523                                         232,056
       Store 524                                          14,572
B.31 Animals                                                   0
B.32 Crops                                                     0
B.33 Farming equipment and implements                          0
B.34 Farm supplies, chemicals and feed                         0
B.35 Other Personal Property                                   0
  
       TOTAL SCHEDULED ASSETS                         $6,752,864
       =========================================================  
  
C.   Property Claimed as Exempt                               $0
  
D.   Creditors Holding Secured Claims
       General Electric Capital Corporation
         - senior credit facility                    135,910,218
       PrenSB, LLC - subordinated credit facility     30,454,866
  
E.   Creditors Holding Unsecured Priority Claims               0
  
F.   Creditors Holding Unsecured Non-priority Claims
       Texport Syndicate                               3,258,030
       Yixing City (J.J. Garments)                     1,562,023
       Sonal Garments                                  1,222,385
       Destination Apparel                             1,182,550
       Bombay Rayon Fashion                            1,061,421
       Zhuhai Wintop                                   1,023,740
       Kaytee Corporation                              1,010,989
       Excel Apparels                                    809,838
       Putian Ala Footwear & Clothing                    780,652
       Cuthberts Apparels                                742,206
       Xiamen Century                                    726,736
       Cherma's Exquisite Limited                        655,791
       Pinghu Huanqiu Garments Co. Ltd.                  615,763
       Putian Muncipal New Developing Co. Ltd.           566,203
       Fujian Great                                      516,704
       Texport Clothing Industries                       479,208
       Banalata Group (Pretty Dressers Ltd.)             435,939
       Pinghu Kaier Garments Co. Ltd.                    435,215
       Pilot Sport Co. Ltd.                              426,150
       Permeshwar Fashion                                410,858
       Ami Apparels                                      404,613
       Guoshi                                            367,189
       Viku-J Indiacraft Pvt. Ltd.                       353,802
       Samrat Gems                                       353,756
       Hindustan Apparels                                352,320
       Jiaxing Yourongda Garment Co. Ltd.                350,770
       Binita Fashions                                   339,493
       Amardeep Garments                                 333,058
       Hangzhou Vandy                                    329,129
       Wagon Wheel Knit Works                            308,498
       Bestyacht (HK) Co. Ltd.                           295,406
       Zhejiang Dongyang East                            294,966
       Hallmark Industries                               279,795
       Sky High Fashions                                 279,536
       Chippa International                              277,748
       Lotus Clothing                                    261,891
       Xiamen Fitex                                      260,279
       Atraco Inds - Ashton                              254,763
       Jain Fashions                                     254,223
       Nexus Sweater Ind. (Pvt.) Ltd.                    249,970
       Foshan Nanhai Grand Champion                      237,332
       ZS Sorathia & Sons                                222,750
       Shanghai New Union                                222,560
       Texport Industries                                222,706
       Jiangsu Light Industrial Products                 218,663
       M.R. Industries                                   215,717
       Opera Clothing                                    209,831
       Sunflag (Tanzania) Ltd.                           208,138
       Pt. Cipta Busana                                  192,292
       Al Munaf Corporation                              189,346
       CPS Textiles Pvt. Ltd.                            181,470
       Punit Creation                                    176,128
       Elite Sky International Industries Ltd.           175,637
       Esjay International Pvt. Ltd.                     172,080
       Nanjing Hengrun Hongsu Trading Co. Ltd.           166,912
       Cisons Exports                                    165,738
       Hiking Groups Handong Haicheng                    165,705
       Pioneer Exports                                   162,150
       Excellent Garment                                 161,397
       Well Dresses                                      156,976
       Crown Textile                                     150,842
       Eastend Exports India                             148,750
       Bedi Investment Ltd.                              148,602
       Sumec Textile                                     143,672
       Buksh Industries                                  142,136
       Guilin Eisho                                      115,445
       Creative Garments Pvt. Ltd.                       105,151
       Others                                          1,213,593
  
       TOTAL SCHEDULED LIABILITIES                  $196,480,409
       =========================================================

                      About Steve & Barry's

Based in Port Washington, New York, Steve and Barry's LLC --
http://www.steveandbarrys.com/-- is a national casual apparel       
retailer that offers high quality merchandise at low prices for
men, women and children.  Founded in 1985, the company operates
276 anchor and junior anchor shopping center and mall-based
locations throughout the U.S.  STEVE & BARRY'S (R) stores include
brands like the BITTEN(TM) collection, the first-ever apparel line
created by actress and global fashion icon Sarah Jessica Parker,
and the STARBURY(TM) collection of athletic and lifestyle apparel
and sneakers created with NBA (R) star Stephon Marbury.

Steve & Barry's, LLC, and 63 affiliates filed separate voluntary
petitions under Chapter 11 on July 9, 2008 (Bankr. S.D. N.Y. Lead
Case No. 08-12579). Lori R. Fife, Esq., and Shai Waisman, Esq., at
Weil, Gotshal & Manges, LLP, represent the Debtors in their
restructuring efforts.

Diana G. Adams, United States Trustee for Region 2, has appointed
seven members to the Official Committee of Unsecured Creditors in
the Debtors' Chapter 11 cases.

On Aug. 22, 2008, the Debtors obtained permission from the Court
to sell substantially all of their assets for $168 million to a
joint venture by Bay Harbour Management and York Capital, BHY S&B
Holdings, LLC.  Under the terms of the purchase agreement,
majority of the Debtors' 276 stores will remain open.

Pursuant to the Purchase Agreement, the Court authorized the 51
Debtors to change their corporate names.  Lead Debtor Steve &
Barry's Manhattan LLC (Case No. 08-12579) has been changed to
Stone Barn Manhattan LLC.  Parent company Steve & Barry's LLC
(Case No. 08-12615) is now known as Steel Bolt LLC.

When the Debtors filed for bankruptcy, they listed $693,492,000 in
total assets and $638,086,000 in total debts.  (Steve & Barry's
Bankruptcy News, Issue No. 12; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


TWEETER HOME: Posts $255,944 Net Loss in Month Ended June 30
------------------------------------------------------------
                                           
          Tweeter Home Entertainment Group, Inc., et al.
                   Consolidated Balance Sheet       
                       As of June 30, 2008          
                                                  
Assets                                              
Current Assets:                                     
   Cash and Cash Equivalents                          $3,642,237
   Accounts Receivable                                         0
   Inventory                                                   0
   Deferred Tax Assets                                         0
   Prepaid Expenses and Other Current Assets             381,425
                                                    ------------
      Total Current Assets                             4,023,662
                                               
   Property and Equipment                                      0
   Long-Term Investments                                       0
   Intangible Assets, Net                                      0
   Other Assets                                                0
   Goodwill                                                    0
                                                    ------------
Total Assets                                          $4,023,662
                                                    ============

Liabilities and Owners' Equity                      
Liabilities Not Subject to Compromise (Postpetition)
   Current Portion of Long-Term Debt                          $0
   Escrow                                                581,500
   Total Accounts Payable                              2,722,065
                                                    ------------
      Total Postpetition Liabilities                   3,303,565

Liabilities Subject to Compromise (Prepetition):    
   Deferred Consideration                                      0
   Accrued Expenses                                            0
   Customer Deposits                                           0
   Prepetition Accounts Payable                       32,536,234
                                                    ------------
      Total Prepetition Liabilities                   32,536,234

Secured Bank Debt                                              0

Other Long-Term Liabilities:                        
   Accrued Income Taxes                                  951,185
   Long-Term Restructuring and Discontinued         
      Store Reserve                                            0
   Rent-Related Accruals                                       0
                                                     -----------
      Total Other Long-Term Liabilities                  951,185
                                                     -----------
Total Liabilities                                     36,790,984
                                                     -----------
Total Stockholder's Equity                           (32,767,322)
                                                     -----------
Total Liabilities and Stockholder's Equity            $4,023,662
                                                     ===========

         Tweeter Home Entertainment Group, Inc., et al.
             Consolidated Statement of Operations   
               For the Month Ended June 30, 2008

Revenue                                                       $0
Cost of Goods Sold                                             0
                                                    ------------
Gross Profit                                                   0
                                                    ------------
Total Operating Expenses                                       0
Operating Income                                               0
Other Income (Expense)                                  (255,944)
Loss on Transaction                                            0
                                                    ------------
Earnings Before Tax                                     (255,944)
Taxes                                                          0
                                                    ------------
Net Income                                             ($255,944)
                                                    ============

        Tweeter Home Entertainment Group, Inc., et al.
          Schedule of Cash Receipts and Disbursement
               For the Month Ended June 30, 2008

Cash, Beginning of Month                                      $0
Total Receipts                                                 0
Total Disbursements                                            0
                                                    ------------
Net Cash Flow                                                  0
                                                    ------------
Cash, End of Month                                            $0
                                                    ============

                       About Tweeter Home

Based in Canton, Mass., Tweeter Home Entertainment Group Inc.
-- http://www.tweeter.com/-- retails mid-to high-end audio and   
video consumer electronics products.  Tweeter and seven of its
affiliates filed for chapter 11 Protection on June 11, 2007
(Bankr. D. Del. Case Nos. 07-10787 through 07-10796).  Gregg M.
Galardi, Esq., Mark L. Desgrosseilliers, Esq., and Sarah E.
Pierce, Esq., at Skadden, Arps, Slate, Meagher & Flom, LLP,
represent the Debtors.  Kurtzman Carson Consultants LLC acts as
the Debtors' claims and noticing agent.

Bruce Grohsgal, Esq., William P. Weintraub, Esq., and Rachel Lowy
Werkheiser, Esq., at Pachulski Stang Ziehl & Jones LLP; and Scott
L. Hazan, Esq., Lorenzo Marinuzzi, Esq., and Todd M. Goren, Esq.,
at Otterbourg, Steindler, Houston & Rosen, P.C., represent the
Official Committee of Unsecured Creditors.

As of Dec. 21, 2006, Tweeter had total assets of $258,573,353 and
total debts of $190,417,285.  The Debtors exclusive period to file
a plan of reorganization expired on June 5, 2008.  (Tweeter
Bankruptcy News, Issue No. 24, Bankruptcy Creditors' Service,
Inc., http://bankrupt.com/newsstand/or 215/945-7000).


QUEBECOR WORLD: Posts $11,600,000 Net Loss in Month Ended Aug. 2
----------------------------------------------------------------

                Quebecor World (USA), Inc., et al.
                      Combined Balance Sheet
                      As of August 2, 2008

                              ASSETS

Current Assets
   Cash and Cash equivalents                       $146,500,000
   Accounts receivables                             504,300,000
   Trade and receivables                             51,000,000
   Inventories                                      163,600,000
   Future income taxes and tax receivable            18,700,000
   Prepaid Expenses                                  46,600,000
                                                 --------------
      Total current expenses                        930,700,000
                                                 --------------
   Property, plant and equipment                  1,174,600,000
   Goodwill                                         336,400,000
   Restricted cash                                   32,300,000
   Future income taxes                                  900,000
   Other assets                                     280,100,000
                                                 --------------
TOTAL ASSETS                                     $2,755,000,000
                                                 ==============

               LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities not subject to compromise:
   Bank indebtedness                                $13,400,000
   Trade payables and accrued liabilities           232,300,000
   Payables to related parties                        3,100,000
   Income and other taxes payable                    15,500,000
   Current portion long-term debt                   491,800,000
   Liabilities subject to compromise              2,848,700,000
                                                 --------------
      Total current liabilities                   3,604,800,000
                                                 --------------
Other liabilities not subject to compromise:
   Long-term debt                                     7,400,000
   Other liabilities                                134,200,000
   Future income taxes                              114,700,000

Shareholders equity:
   Capital stock                                  1,031,200,000
   Contributed surplus                              470,000,000
   Retained earnings                             (2,608,200,000)
   Accumulated other comprehensive loss                 900,000
                                                 --------------
      Total Equity                               (1,106,100,000)
                                                 --------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY       $2,755,000,000
                                                 ==============

               Quebecor World (USA), Inc., et al.
                Combined Statement of Operations
               For the month ended August 2, 2008

Operating Revenues                                 $274,500,000

Operating expenses:
   Cost of sales                                    229,800,000
   Selling, general and administrative               20,200,000
   Depreciation and amortization                     17,400,000
                                                   ------------
      Total operating expenses                      267,400,000
                                                   ------------
Operating income                                      7,100,000

Financial expenses                                   23,200,000
Reorganization items                                  5,300,000
Income taxes                                         (9,800,000)
                                                   ------------
                                                     18,700,000
                                                   ------------
Net loss and comprehensive loss                    ($11,600,000)
                                                   ============

                Quebecor World (USA), Inc.,  et al.
                 Combined Statement of Cash Flows
                  For Month Ended August 2, 2008

Cash flows from operating activities:
   Net loss                                        ($11,600,000)

   Adjustments for:
      Depreciation of property, plant & equipment    17,400,000
      Future income taxes                            (9,800,000)
      Amortization of other assets                      800,000
      Other                                           1,700,000
                                                   ------------
                                                     (1,500,000)
                                                   ------------

   Net changes in non-cash balances to operations:
      Accounts receivable                             9,800,000
      Inventories                                   (17,500,000)
      Trade payables and accrued liabilities          8,800,000
      Other current assets and liabilities            7,100,000
      Other non-current assets and liabilities       (4,100,000)
                                                   ------------
                                                      4,100,000
                                                   ------------
      Cash flows provided by (used in)
      operating activities                            2,600,000
                                                   ------------
Cash flows from financing activities:
   Net change in bank indebtedness                     (200,000)
   Repayment of long-term debt obligations under     (3,300,000)
                                                   ------------
     Cash flows provided by (used in)
     operating activities                            (3,500,000)
                                                   ------------
Cash flows from investing activities:
     Additions to property, plant and equipment      (5,200,000)
     Restricted cash related to insolvency proceed   (2,100,000)
                                                   ------------
     Cash flows provided by (used in) operating
     activities                                      (7,300,000)
                                                   ------------
Net changes in cash and cash equivalents             (8,200,000)
Cash and cash equivalents, beginning of period     (154,700,000)
                                                   ------------
Cash and cash equivalents, end of period           $146,500,000
                                                   ============

                       About Quebecor World

Based in Montreal, Quebec, Quebecor World Inc. (TSX: IQW) (NYSE:
IQW) -- http://www.quebecorworldinc.com/-- provides market      
solutions, including marketing and advertising activities, well
as print solutions to retailers, branded goods companies,
catalogers and to publishers of magazines, books and other
printed media.  It has 127 printing and related facilities
located in North America, Europe, Latin America and Asia.  In
the United States, it has 82 facilities in 30 states, and is
engaged in the printing of books, magazines, directories, retail
inserts, catalogs and direct mail.

The company has operations in Mexico, Brazil, Colombia, Chile,
Peru, Argentina and the British Virgin Islands.

Quebecor World and 53 of its subsidiaries, including those in
Canada, filed a petition under the Companies' Creditors
Arrangement Act before the Superior Court of Quebec, Commercial
Division, in Montreal, Canada, on Jan. 20, 2008.  The Honorable
Justice Robert Mongeon oversees the CCAA case.  Francois-David
Pare, Esq., at Ogilvy Renault, LLP, represents the Company in
the CCAA case.  Ernst & Young Inc. was appointed as Monitor.

On Jan. 21, 2008, Quebecor World (USA) Inc., its U.S.
subsidiary, along with other U.S. affiliates, filed for chapter
11 bankruptcy on Jan. 21, 2008 (Bankr. S.D.N.Y Lead Case No.
08-10152).  Anthony D. Boccanfuso, Esq., at Arnold & Porter LLP
represents the Debtors in their restructuring efforts.   The
Official Committee of Unsecured Creditors is represented by Akin
Gump Strauss Hauer & Feld LLP.

Based in Corby, Northamptonshire, Quebecor World PLC --
http://www.quebecorworldplc.com/-- is the U.K. subsidiary of      
Quebecor World Inc. that specializes in web offset magazines,
catalogues and specialty print products for marketing and
advertising campaigns.  The company employs around 290 people.
Quebecor PLC was placed into administration with Ian Best and
David Duggins of Ernst & Young LLP appointed as joint
administrators effective Jan. 28, 2008.

As of June 30, 2008, Quebecor World's unaudited consolidated
balance sheet showed total assets of $3,412,100,000 total
liabilities of $4,326,500,000 preferred shares of $62,000,000
and total shareholders' deficit of $976,400,000.

The Debtors' CCAA stay has been extended to Sept. 30, 2008.

(Quebecor World Inc. News, Issue No. 25; Bankruptcy Creditors'
Service Inc., http://bankrupt.com/newsstand/or 215/945-7000)   


S & A RESTAURANT: S&A Ill. Files Schedules of Assets and Debts
--------------------------------------------------------------
S & A of Illinois Inc., the debtor-affiliate of S & A Restaurant
Corp., filed with the U.S. Bankruptcy Court for the Eastern
District of Texas its schedules of assets and liabilities,
disclosing:

A.     Real Property
          5016 Northwest Hgwy. Lease land & own bldg.   $388,513
          3615 E. Main Street; St. Charles                     0

B.     Personal Property
B.1    Cash on hand           
          Chicago South Michigan                           4,200
          Chicago Michigan Ave.                            2,000
          Calumet City                                     2,000
          Chicago O'Hare                                   1,500
          Chicago Ridgeland                                1,500
          Niles                                            1,500
          Chicago Schaumberg                               1,500
          Chicago Oakbrook                                 1,500
          Bloomington Normal                               1,500
          Batavia                                          1,000
          St. Charles                                      1,000
          Bollingbrook                                     1,000
          Chicago Woodbridge                               1,000
          Lake Zurich                                        750
          Deerfield                                          750
B.2    Bank Accounts                               
          JP Morgan Chase Bank 663000404                   6,304
          JP Morgan Chase Bank 663000396                   1,269
          JP Morgan Chase Bank 663000461                       0
          JP Morgan Chase Bank 663000412                       0
          JP Morgan Chase Bank 663000388                       0
          JP Morgan Chase Bank 663000495                       0
          JP Morgan Chase Bank 663000438                       0
          JP Morgan Chase Bank 663000420                       0
          JP Morgan Chase Bank 663000453                       0
          JP Morgan Chase Bank 663000503                       0
          JP Morgan Chase Bank 663000479                       0
          JP Morgan Chase Bank 663000529                       0
          JP Morgan Chase Bank 663000537                       0
          JP Morgan Chase Bank 663000545                       0
          JP Morgan Chase Bank 663000487                       0
          JP Morgan Chase Bank 663000511                       0
          JP Morgan Chase Bank 663000446                       0
B.14   Interests in partnerships                    Undetermined
B.16   Accounts Receivable                         
          Trade Receivable
             House Accounts                                   21
             House Accounts                                  591
             House Accounts                               (5,088)
             House Accounts                                2,980
B.23   Licenses, franchises, and other
          general intangibles
             Liquor License                         Undetermined
             City Business License Beer & Wine,
             Mixed Beverage, Restaurant             Undetermined
             Retailer on Premise                    Undetermined
B.29   Machinery                                   
          Ice Machine                                     12,539
          Randell Chef base                                8,042
          Artifacts Pkgs.                                  7,197
          Ice Machine                                      5,857
          Chef Base                                        4,366
          Rankin Broiler                                   4,355
          Wk-In Freezer                                    4,352
          Replace Beer Unit                                4,122
          Chef Base 4 Drawer                               3,994
          Wk-In Cooler                                     3,990
          Wk-In Freezer                                    3,990
          Counter Top Fryer                                3,965
          Wk-In Beer Cooler                                3,823
          Randell Pizza Prep Top                           3,795
          48" Rankin Broiler                               3,569
          Pizza Prep Top 2 Doors/4 shelves                 3,467
          Freezer s/shelves                                3,044
          True Prep Top 2 Doors/4 Shelve                   3,067
          Flat Top Grill                                   3,021
          Hobart Dishmachine C-44                          2,952
          Others                                         187,161
          see http://bankrupt.com/misc/S&A_IllinoisMachinery.pdf
B.30   Inventory       
          Chicago South Liquor                            28,362
          Chicago South Beer                              10,734
          Chicago South Meat                               8,935
          Niles Grocery                                    7,623
          Calumet Liquor                                   7,451
          Lake Zurich Grocery                              6,865
          Chicago Grocery                                  6,656
          Chicago Beer                                     6,645
          Chicago Woodbridge Grocery                       6,526
          Chicago Woodbridge Liquor                        6,643
          Chicago Liquor                                   6,473
          Calumet Grocery                                  6,006
          Bolingbrook Grocery                              5,920
          Bloomington Grocery                              5,452
          Chicago Meat                                     5,386
          Chicago Meat                                     5,243
          Bolingbrook Meat                                 5,157
          Chicago Beer                                     5,091
          St. Charles Grocery                              5,089
          Calumet Meat                                     5,077
          Others                                         222,730

         See http://bankrupt.com/misc/S&A_IllinoisInventory.pdf

       TOTAL SCHEDULED ASSETS                         $1,072,022
       =========================================================

C.     Property Claimed as Exempt                           None

D.     Secured Claim
          GE Capital Finance Franchise Corp.          $1,025,855
          GE Capital Finance Franchise Corp.             879,796
          GE Capital Finance Franchise Corp.             846,011
          GE Capital Finance Franchise Corp.              52,293

E.     Unsecured Priority Claims                    Undetermined

F.     Unsecured Non-priority Claims
          Accounts payable
             George and Lorraine Shepard                 192,524
             JRC Investments LLC                         121,000
             CNL APF Partners LP                         108,966
             Michigan Plaza LLC                           92,252
             Inland Commercial Property                   60,031
             Excel Building Maintenance Inc.              40,880
             Covington Main Street Commons                25,380
             TDC Ocean Pointe LLC                         24,769
             Stanley Singer Real Estate Co.                9,315
             Deerfield Associates LLC                      7,853
             System Parking Inc.                           2,312
             Pera Willow Creek Inc.                        1,840
             Heller Investments                            1,150
             The Prospective Investment                    1,035
          Litigation Claims
             Heather Henry                          Undetermined
             Jeffrey Dyckman                        Undetermined
             Monet Jackson                          Undetermined
             Sally Wohlgemuth                       Undetermined
             Veronica Forero                        Undetermined
          Other secured debts                       Undetermined
             S&A Fee Properties SPE 1, L.L.C.
                Chicago Calumet River Oak              1,464,802
           S&A Fee Properties SPE 2, L.L.C.
                Chicago Ridgeland Benin                1,745,145
                Normal Bloomington                     1,254,542
           S&A Leased Properties SPE 1, Inc.
                Chicago O'Hare Towers                    474,584
           S&A Fee Properties SPE 2, L.L.C.
                Chicago S. Michigan Ave.               1,185,957

       TOTAL SCHEDULED LIABILITIES                    $9,618,292
       =========================================================

                     About S & A Restaurant

Headquartered in Plano, Texas, S & A Restaurant Corp. --
http://www.metrogroup.com,http://www.steakandale.com,    
http://www.steakandalerestaurants.com,http://www.bennigans.com/    
-- and other affiliated entities operate the Bennigan's Grill &
Tavern, and the Steak & Ale restaurant chains under the Metromedia
Restaurant Group.  Bennigan's Grill & Tavern is a chain of more
than 310 pub-themed restaurants offering sandwiches and burgers,
as well as ribs, steaks, and seafood.  The Steak & Ale chain
offers a broader menu set in the atmosphere of an 18th century
English country inn.  The Metromedia Restaurant Group, a unit of
closely held conglomerate Metromedia Company, is one of the
world's leading multi-concept table-service restaurant groups,
with more than 800 Bennigan's(R), Bennigan's SPORT(TM), Steak and
Ale(R), Ponderosa Steakhouse(R) and Bonanza(TM) Steakhouse
restaurants in the United States and abroad.  MRG's annual U.S.
sales are estimated at $1,000,000,000.

S & A Restaurant and 38 of its affiliates filed Chapter 7 petition
under the U.S. Bankruptcy Code on July 29, 2008 (Bankr. E.D. Tex.
Case No. 08-41898).  J. Michael Sutherland, Esq. at Carrington
Coleman Sloman & Blumenthal, is the Debtors' counsel.  The Debtors
disclosed total scheduled assets of $2,302,057 and total scheduled
liabilities of $159,432,691.

Michelle H. Chow is the Debtors' Chapter 7 bankruptcy trustee.  
The lead counsel for the trustee is Kane Russell Coleman & Logan
PC.  Mark Ian Agee, Esq., of the law firm Mark Ian Agee, Attorney
at Law, is co-counsel.  (Bennigan's and Steak & Ale Bankruptcy
News, Issue No. 7; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


S & A RESTAURANT: S&A Mass. Files Schedules of Assets and Debts
---------------------------------------------------------------
S & A of Massachusetts Inc., the debtor-affiliate of S & A
Restaurant Corp., filed with the U.S. Bankruptcy Court for the
Eastern District of Texas its schedules of assets and liabilities,
disclosing:

A.     Real Property
          71 Newbury St. Peabody, MA 01960            $1,524,671

B.     Personal Property
B.1    Cash on hand     
          Boston City Place                                1,500
          Milford                                          1,500
          Peabody                                          1,000
B.2    Bank Accounts                               
          290 Old Gate Lane 488009788217                       0
B.3    Security Deposits                                    None
B.4    Household goods                                      None
B.5    Collectibles                                         None
B.6    Wearing apparel                                      None
B.7    Furs and jewelry                                     None
B.8    Firearms and sports equipment                        None
B.9    Interests in Insurance Policies                      None
B.10   Annuities                                            None
B.11   Interests in an education IRA as defined in
         26 U.S.C. Section 530(b)(1)                        None
B.12   Interests in IRA, ERISA, Keogh, or other
         Pension or profit-sharing plans                    None
B.13   Business Interests and stocks                        None
B.14   Interests in partnerships                    Undetermined
B.15   Government and Corporate Bonds                       None
B.16   Accounts Receivable                                  None
B.17   Alimony, maintenance, support, and
          property settlements debtor is entitled to        None
B.18   Other Liquidated Debts                               None
B.19   Equitable or future interests, life estates,   
          and rights or powers exercisable for the          None
          debtor's benefit                                  None
B.20   Contingent and noncontingent interests in
          estate  of a decedent, death benefits
          plan, life insurance policy, or trust             None
B.21   Other contingent and unliquidated claims            
          Primrose Food Services                    Undetermined
B.22   Patents, copyrights & intellectual property          None
B.23   Licenses, franchises, and other
          general intangibles
             Liquor License                         Undetermined
             City Business License Beer & Wine,
               Mixed Beverage, Restaurant           Undetermined
B.24   Customer lists or other compilations                 None
B.25   Vehicles                                             None
B.26   Boats, motors, and accessories                       None
B.27   Aircraft and accessories                             None
B.28   Office equipment, furnishings and supplies           None
B.29   Machinery                                   
          Smallwares                                      23,807
          Equip Purchased from Frontier                    6,183
          Misc. Equipment repairs                          5,474
          Accutemp 36" Flat Top Grill                      3,414
          Microwaves qty. 4                                3,007
          Slicer                                           2,797
          Mega prep top - sandwich unit                    2,702
          Back bar cooler                                  1,940
          Bottle cooler                                    1,653
          Data Cables Tested/Installed                     1,565
          Safe                                             1,546
          Misc. Kitchen Equipment                          1,480
          Dito Dean Food Processor                         1,324
          Freezer W/dipper well                              956
          Stainless Steel Cove Base                          883
          Victorian Bench                                    663
B.30   Inventory                                    
          Boston Beer                                      6,159
          Milford Grocery                                  5,030
          Boston Grocery                                   4,868
          Boston Liquor                                    4,503
          Boston Meat                                      3,620
          Milford Meat                                     3,401
          Boston Non-alcoholic                             3,101
          Milford Beer                                     2,886
          Milford Liquor                                   2,510
          Milford Non-alcoholic                            2,359
          Boston Wine                                      1,802
          Boston Dairy                                     1,235
          Milford Dairy                                    1,066
          Milford Wine                                       727
          Milford Produce                                    563
          Boston Produce                                     533
B.31   Animals                                              None
B.32   Crops - growing or harvested                         None
B.33   Farming equipment and implements                     None
B.34   Farm supplies, chemicals, and feed                   None
B.35a  Other Personal Property                              None
B.35b  Vendors and Debit Balances                           None

       TOTAL SCHEDULED ASSETS                         $1,632,429
       =========================================================

C.     Property Claimed as Exempt                           None

D.     Secured Claim                                          $0

E.     Unsecured Priority Claims                    Undetermined

F.     Unsecured Non-priority Claims
          Accounts payable
             Central Parking Inc.                          2,400
             Theater Dist. Limited Partners               96,369
          Litigation Claims
             James Arrigo                           Undetermined

       TOTAL SCHEDULED LIABILITIES                       $98,769
       =========================================================

                     About S & A Restaurant

Headquartered in Plano, Texas, S & A Restaurant Corp. --
http://www.metrogroup.com,http://www.steakandale.com,    
http://www.steakandalerestaurants.com,http://www.bennigans.com/    
-- and other affiliated entities operate the Bennigan's Grill &
Tavern, and the Steak & Ale restaurant chains under the Metromedia
Restaurant Group.  Bennigan's Grill & Tavern is a chain of more
than 310 pub-themed restaurants offering sandwiches and burgers,
as well as ribs, steaks, and seafood.  The Steak & Ale chain
offers a broader menu set in the atmosphere of an 18th century
English country inn.  The Metromedia Restaurant Group, a unit of
closely held conglomerate Metromedia Company, is one of the
world's leading multi-concept table-service restaurant groups,
with more than 800 Bennigan's(R), Bennigan's SPORT(TM), Steak and
Ale(R), Ponderosa Steakhouse(R) and Bonanza(TM) Steakhouse
restaurants in the United States and abroad.  MRG's annual U.S.
sales are estimated at $1,000,000,000.

S & A Restaurant and 38 of its affiliates filed Chapter 7 petition
under the U.S. Bankruptcy Code on July 29, 2008 (Bankr. E.D. Tex.
Case No. 08-41898).  J. Michael Sutherland, Esq. at Carrington
Coleman Sloman & Blumenthal, is the Debtors' counsel.  The Debtors
disclosed total scheduled assets of $2,302,057 and total scheduled
liabilities of $159,432,691.

Michelle H. Chow is the Debtors' Chapter 7 bankruptcy trustee.  
The lead counsel for the trustee is Kane Russell Coleman & Logan
PC.  Mark Ian Agee, Esq., of the law firm Mark Ian Agee, Attorney
at Law, is co-counsel.  (Bennigan's and Steak & Ale Bankruptcy
News, Issue No. 7; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


S & A RESTAURANT: S&A Properties Files Schedules of Assets & Debts
------------------------------------------------------------------
S & A Properties Corp., the debtor-affiliate of S & A Restaurant
Corp., filed with the U.S. Bankruptcy Court for the Eastern
District of Texas its schedules of assets and liabilities,
disclosing:

A.     Real Property
          6399 W. Commercial Blvd. own land & bldg.     $453,332
          7630 S. Orange Blossom Trl. own land & bldg.   623,891

B.     Personal Property
B.2    Bank Accounts                               
         JP Morgan Chase Bank 649664281                        0
B.14   Interests in partnerships                    Undetermined

       TOTAL SCHEDULED ASSETS                         $1,077,223
       =========================================================

C.     Property Claimed as Exempt                           None

D.     Secured Claim
          Capmark Finance Inc.                        $1,033,587
          Capmark Finance Inc.                           938,387
          Amresco                                          4,693
          Amresco                                          4,693
          Amresco                                          4,693

E.     Unsecured Priority Claims                    Undetermined

F.     Unsecured Non-priority Claims
          Accounts payable
             Colorado Blue Fox LLC                        13,648
             CPE Houston Electric, LLC                    13,352
             Gateway Investments LC                          900
             GE Capital                                    1,853
             Jersey Wahoos Swim Club Inc.                  6,271
             Tri-land Properties Inc.                        450
          Litigation Claims
             Barbara Gunter                         Undetermined
             CT-Stamford Forum                      Undetermined
             Doris Ruggieri                         Undetermined
             Florida Retail Federation
               Self-Insurers Fund                   Undetermined
             LKTK, KKC                              Undetermined
             National Retail Properties, LP.        Undetermined

       TOTAL SCHEDULED LIABILITIES                    $2,022,526
       =========================================================

                     About S & A Restaurant

Headquartered in Plano, Texas, S & A Restaurant Corp. --
http://www.metrogroup.com,http://www.steakandale.com,    
http://www.steakandalerestaurants.com,http://www.bennigans.com/    
-- and other affiliated entities operate the Bennigan's Grill &
Tavern, and the Steak & Ale restaurant chains under the Metromedia
Restaurant Group.  Bennigan's Grill & Tavern is a chain of more
than 310 pub-themed restaurants offering sandwiches and burgers,
as well as ribs, steaks, and seafood.  The Steak & Ale chain
offers a broader menu set in the atmosphere of an 18th century
English country inn.  The Metromedia Restaurant Group, a unit of
closely held conglomerate Metromedia Company, is one of the
world's leading multi-concept table-service restaurant groups,
with more than 800 Bennigan's(R), Bennigan's SPORT(TM), Steak and
Ale(R), Ponderosa Steakhouse(R) and Bonanza(TM) Steakhouse
restaurants in the United States and abroad.  MRG's annual U.S.
sales are estimated at $1,000,000,000.

S & A Restaurant and 38 of its affiliates filed Chapter 7 petition
under the U.S. Bankruptcy Code on July 29, 2008 (Bankr. E.D. Tex.
Case No. 08-41898).  J. Michael Sutherland, Esq. at Carrington
Coleman Sloman & Blumenthal, is the Debtors' counsel.  The Debtors
disclosed total scheduled assets of $2,302,057 and total scheduled
liabilities of $159,432,691.

Michelle H. Chow is the Debtors' Chapter 7 bankruptcy trustee.  
The lead counsel for the trustee is Kane Russell Coleman & Logan
PC.  Mark Ian Agee, Esq., of the law firm Mark Ian Agee, Attorney
at Law, is co-counsel.  (Bennigan's and Steak & Ale Bankruptcy
News, Issue No. 7; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


WHITEHALL JEWELERS: Files Operating Report for June 23 to July 5
----------------------------------------------------------------
Whitehall Jewelers Holdings Inc., and its debtor-affiliates, filed
their monthly operating report for the period June 23, 2008 to
July 5, 2008.

The Debtors reported total assets of $162,906,000 and total
liabilities of $180,368,000, resulting in a $17,462,000
stockholders' deficit at the end of the reporting period.

The Debtor posted a net loss of $27,378,000 on net revenue of
$7,151,000 for the period.

Cash at the beginning of the period was $1,867,000 and cash at
the end of the period was $2,606,000.

A full-text copy of the Debtor's operating report for the period
June 23, 2008 to July 5, 2008, is available for free at:

               http://ResearchArchives.com/t/s?3273

                   About Whitehall Jewelers  

Headquartered in Chicago, Illinois, Whitehall Jewelers Holdings
Inc. -- http://www.whitehalljewellers.com/-- owns and operates    
375 stores jewelry stores in 39 states.  The company operates
stores in regional and regional shopping malls under the brand
names Whitehall Jewellers, Marks Bros.  Jewellers and Lundstrom
Jewellers.  The Debtors' retail stores operate under the names
Whitehall (271 locations), Lundstrom (24 locations), Friedman's
(56 locations, and Crescent (22 locations).  As of June 23, 2008,
the Debtors have about 2,852 workers.

The company and its affiliates, Whitehall Jewelers Inc., filed for
Chapter 11 protection on June 23, 2008 (Bankr. D. Del. Lead Case
No. 08-11261).  James E. O'Neill, Esq., Kathleen P. Makowski,
Esq., and Laura Davis Jones, Esq., at Pachulski Stang Ziehl &
Jones, LLP, represent the Debtors in their restructuring efforts.  
Epiq Bankruptcy Solutions LLC is their claims, noticing and
balloting agent.   The Debtors selected DJM Realty, a Gordon
Brothers Group Company, to exclusively manage the national
disposition of all remaining retail store leases in the United
States.  

When the Debtors' filed for protection against their creditors,
they listed total assets of $207,100,000 and total debts of
$185,400,000.
     
                             *********

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
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers'
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell
short.  Don't be fooled.  Assets, for example, reported at
historical cost net of depreciation may understate the true value
of a firm's assets.  A company may establish reserves on its
balance sheet for liabilities that may never materialize.  The
prices at which equity securities trade in public market are
determined by more than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Wednesday's edition of the TCR. Submissions about insolvency-
related conferences are encouraged.  Send announcements to
conferences@bankrupt.com/

On Thursdays, the TCR delivers a list of recently filed chapter 11
cases involving less than $1,000,000 in assets and liabilities
delivered to nation's bankruptcy courts.  The list includes links
to freely downloadable images of these small-dollar petitions in
Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

For copies of court documents filed in the District of Delaware,
please contact Vito at Parcels, Inc., at 302-658-9911.  For
bankruptcy documents filed in cases pending outside the District
of Delaware, contact Ken Troubh at Nationwide Research &
Consulting at 207/791-2852.

                             *********

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.  Julybien D. Atadero, Sheryl Joy P. Olano, Ronald C. Sy, Joel
Anthony G. Lopez, Cecil R. Villacampa, Melanie C. Pador, Ludivino
Q. Climaco, Jr., Loyda I. Nartatez, Tara Marie A. Martin, Joseph
Medel C. Martirez, Ma. Cristina I. Canson, Christopher G.
Patalinghug, and Peter A. Chapman, Editors.

Copyright 2008.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
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herein is obtained from sources believed to be reliable, but is
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