TCR_Public/081004.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, October 4, 2008, Vol. 12, No. 237

                             Headlines

AMERICAN COLOR: Files Monthly Operating Report for August
ASCENDIA BRANDS: Files Schedules of Assets & Liabilities
ASCENDIA BRANDS: Ascendia Brands Co.'s Schedules of Assets & Debts
ASCENDIA BRANDS: Ascendia Real Files Schedules of Assets & Debts
ASCENDIA BRANDS: Hermes Acquisition's Schedules of Assets & Debts

ASCENDIA BRANDS: Lander Co. Files Schedules of Assets & Debts
ASCENDIA BRANDS: Lander Intangibles' Schedules of Assets & Debts
BHM TECHNOLOGIES: Files Monthly Operating Report - August 23, 2008
BHM TECHNOLOGIES: Files Monthly Operating Report - July 28, 2008
BOSCOV'S INC: Files Schedules of Assets and Liabilities

CATHOLIC CHURCH: Fairbanks' Monthly Operating Report for August
FRONTIER AIRLINES: Posts $5.6 Million Net Loss in August 2008
GREEKTOWN CASINO: Files Monthly Operating Report for August
HOOPS HOLDINGS: Files Monthly Operating Report for August
LANDSOURCE COMMUNITIES: Files Amended Schedules of Assets & Debts

LANDSOURCE COMMUNITIES: Friendswood Development's Schedules
LANDSOURCE COMMUNITIES: LandSource Holding's Schedules
LANDSOURCE COMMUNITIES: Lennar Land Partners II's Schedules
LANDSOURCE COMMUNITIES: Lennar Mare Island LLC's Schedules
LANDSOURCE COMMUNITIES: Lennar Washington Square's Schedules

LANDSOURCE COMMUNITIES: Newhall (California)'s Schedules
LANDSOURCE COMMUNITIES: Southwest Communities' Schedules
LANDSOURCE COMMUNITIES: Stevenson Ranch's Schedules
LANDSOURCE COMMUNITIES: TPC At Valencia's Schedules
LANDSOURCE COMMUNITIES: 11 Debtors' Schedules of Assets & Debts

LEXINGTON PRECISION: Posts $1,249,000 Net Loss in August 2008
LEXINGTON PRECISION: Posts $1,130,000 Net Loss in July 2008
LEXINGTON PRECISION: Posts $1,154,000 Net Loss in June 2008
LEVITT & SONS: Files Monthly Operating Report for August 2008
MERVYN'S LLC: Files Monthly Operating Report for August

NEUMANN HOMES: Files Monthly Operating Report for August
NEUMANN HOMES: Files Monthly Operating Report for July
NEWPOWER HOLDINGS: Files Monthly Operating Report for August 2008
S & A RESTAURANT: 39 Debtors' Schedules of Assets and Liabilities
SHARPER IMAGE: Files Monthly Operating Report for August 2008

STEVE & BARRY: 5 SB Manhattan Affiliates' Schedules
STEVE & BARRY: 34 SB Manhattan Affiliates' Schedules
STEVE & BARRY: 18 SB Manhattan Affiliates' Schedules
VERTIS HOLDINGS: Files Monthly Operating Report for August 2008

                             *********

AMERICAN COLOR: Files Monthly Operating Report for August
---------------------------------------------------------

                        ACG Holdings, Inc.
                    Consolidated Balance Sheet
                      As of August 31, 2008

ASSETS

Current Assets:                                                       
  Cash and cash equivalents                           $2,092,000
  Accounts receivable, net                            37,853,000
  Unbilled accounts receivable                         4,492,000
  Other receivables                                    2,371,000
  Inventories                                          8,834,000
  Income tax receivable                                        -
  Deferred income taxes                                  535,000
  Prepaid expenses and other current assets            4,702,000
                                                   -------------
   Total Current Assets                               60,879,000

PROPERTY, PLANT AND EQUIPMENT

Land and land improvements                             3,273,000
Building and improvements                             31,463,000
Machinery and equipment                              244,768,000
Furniture and fixtures                                13,497,000
Assets under capital leases                            8,176,000
Construction in progress                               3,318,000
                                                   -------------
   Total property, plant and equipment               304,495,000
   Less accumulated depreciation                    (234,616,000)
                                                   -------------
   Net Property, Plant and Equipment                  69,879,000

Goodwill                                              66,548,000
Deferred debt issuance costs                           4,089,000
Other assets                                           7,265,000
                                                   -------------
   Total Assets                                     $208,660,000
                                                   =============
LIABILITIES AND EQUITY                               

Current portion of long-term debt                   $414,394,000
Current obligations under capital leases               1,572,000
Accounts payable                                      29,787,000
Accrued expenses                                      16,266,000
Accrued interest payable                              21,081,000
Income taxes payable                                     139,000
                                                   -------------
   Total current liabilities                         483,239,000

LONG TERM DEBT

Revolving line of credit:
  2005 Credit Facility                                         -
  FINCO Credit Facility                                        -
                                                   -------------
   Total revolving line of credit                              -

Term loan                                                      -
DIP facility revolver                                100,150,000
Bridge loan facility                                  19,265,000
10% senior secured notes                             294,979,000
                                                   -------------
   Total debt                                        414,394,000
   Less current portion of long term debt           (414,394,000)
                                                   -------------
   Total long term debt                                        -

Long term obligations under capital leases                     -
Other long-term liabilities                           44,376,000
Deferred income taxes                                  6,105,000
                                                   -------------
   Total liabilities                                 533,720,000
                                                    
Stockholder's deficit:                              
  Common stock                                             2,000
  Additional paid-in capital                           2,038,000
  Retained earnings (deficit)                       (315,145,000)
  Unfunded pension liability                         (12,363,000)
  Cumulative translation adjustment                      408,000
                                                   -------------
   Total equity                                     (325,060,000)
                                                   -------------
   Total Liabilities and Equity                     $208,660,000
                                                   =============

                       ACG Holdings, Inc.
                Consolidated Statement of Income
                  Month Ended August 31, 2008

Sales                                                $33,614,000
Cost of Sales                                         31,048,000
                                                   -------------
   Gross profit                                        2,566,000
   Gross profit %                                           7.6%

Selling, general and admin. expenses                   2,054,000

Restructuring Costs (Benefit):
  Print                                                   (6,000)
  Premedia                                               (15,000)
                                                   -------------
   Operating Income                                      533,000

Other Expense (Income):
  Loss on early extinguishment of debt                   913,000
  Miscellaneous                                        1,520,000
                                                   -------------
   Total Other Expense                                 2,433,000
   EBIT                                               (1,900,000)
                                                   -------------
  Interest expense                                     3,837,000
  Interest income                                              -
                                                   -------------
   Net Interest Expense                                3,837,000
                                                   -------------
  Loss before income taxes                            (5,737,000)

  Income tax Expense (Benefit):
   Current                                                61,000
   Deferred                                                5,000
                                                   -------------
   Total Income Tax Expense                               66,000
                                                   -------------
   Net Income (Loss)                                 ($5,803,000)
                                                   =============

Patrick W. Kellick, American Color Graphics, Inc.'s executive
vice president and chief financial officer, disclosed that as of
August 29, 2008, the Debtor made disbursements totaling $30,661.

Additionally, Mr. Kellick reported that as of August 2008,
American Color made seven payments to various professionals,
totaling $386,801.  A complete list of the fees and expenses
paid to the professionals is available for free at:

               http://researcharchives.com/t/s?3358

                  About American Color Graphics

American Color Graphics Inc. -- http://www.americancolor.com/
--         
is one of North America's largest and most experienced full
service premedia and print companies, with eight print locations
across the continent, six regional premedia centers, photography
studios nationwide and a growing roster of customer managed
service sites.  The company provides solutions and services such
as asset management, photography, and digital workflow solutions
that improve the effectiveness of advertising and drive revenues
for their customers.

The company filed and its four affiliates filed for Chapter 11
protection on July 15, 2008 (Bank.D.Del. Case No. 08-11467).
Pauline K. Morgan, Esq. and Sean T. Greecher ,Esq., at Young,
Conaway, Stargatt & Taylor represent the Debtors in their
restructuring efforts.  Lehman Brothers, Inc. serves as the
company's financial advisors.  When the Debtors filed for
protection from their creditors they listed estimated assets
$100 million to $500 million and estimated debts of $500 million
to $1 billion.

ACG Holdings, Inc. and American Color Graphics also filed
bankruptcy petition under the Companies' Creditors Arrangement Act  
before the Ontario Superior Court of Justice (Commercial List) on
July 16, 2008.  Jay A. Carfagnini, Esq., David B. Bish, Esq., and
Jason Wadden, Esq. at Goodmans LLP are their solicitors.
PricewaterhouseCoopers Inc. serves as their CCAA Information
Officer.


ASCENDIA BRANDS: Files Schedules of Assets & Liabilities
--------------------------------------------------------
Ascendia Brands, Inc. filed with the U.S. Bankruptcy Court for the  
District of Delaware, its schedules of assets and liabilities,
disclosing:

     Name of Schedule                 Assets      Liabilities
     ----------------              ------------  ------------
  A. Real Property                   $5,278,000
  B. Personal Property                6,031,000
  C. Property Claimed as
     Exempt
  D. Creditors Holding                           $250,860,544
     Secured Claims                              
  E. Creditors Holding                                 22,923
     Unsecured Priority
     Claims                                     
  F. Creditors Holding                             29,310,515
     Unsecured Non-priority
     Claims                                              
                                   ------------  ------------
     TOTAL                          $11,309,000  $280,193,982

                      About Ascendia Brands

Headquartered in Hamilton, New Jersey, Ascendia Brands, Inc. --
http://www.ascendiabrands.com/-- makes and sells branded consumer
products primarily in North America and over 80 countries as well.
The company's customers include Walmart, Walgreens, Kmart, Meijer
Stores, Target, and CVS.  The company and six of its affiliates
filed for Chapter 11 protection on Aug. 5, 2008 (Bankr. D. Del.
Lead Case No.08-11787).  Kenneth H. Eckstein, Esq., and Robert T.
Schmidt, Esq., at Kramer Levin Naftalis & Frankel LLP, represent
the Debtors in their restructuring efforts.  M. Blake Cleary,
Esq., Edward J. Kosmoswki, Esq., and Patrick A. Jackson, Esq., at
Young, Conaway, Stargatt & Taylor, LLP, serve as the Debtors'
Delaware counsel.  The Debtors selected Epiq Bankruptcy Solutions
LLC as their claims agent.  When the Debtors filed for protection
from their creditors, they listed total assets of $194,800,000 and
total debts of $279,000,000.


ASCENDIA BRANDS: Ascendia Brands Co.'s Schedules of Assets & Debts
------------------------------------------------------------------
Ascendia Brands Co. Inc. filed with the U.S. Bankruptcy Court for
the District of Delaware, its schedules of assets and liabilities,
disclosing:

     Name of Schedule                 Assets      Liabilities
     ----------------              ------------  ------------
  A. Real Property                  $39,358,842  
  B. Personal Property               10,440,573
  C. Property Claimed as
     Exempt
  D. Creditors Holding                             $1,149,346
     Secured Claims                              
  E. Creditors Holding                                184,509
     Unsecured Priority
     Claims                                     
  F. Creditors Holding                             13,807,239
     Unsecured Non-priority
     Claims                                              
                                   ------------  ------------
     TOTAL                          $49,799,415   $15,141,096

                      About Ascendia Brands

Headquartered in Hamilton, New Jersey, Ascendia Brands, Inc. --
http://www.ascendiabrands.com/-- makes and sells branded consumer
products primarily in North America and over 80 countries as well.
The company's customers include Walmart, Walgreens, Kmart, Meijer
Stores, Target, and CVS.  The company and six of its affiliates
filed for Chapter 11 protection on Aug. 5, 2008 (Bankr. D. Del.
Lead Case No.08-11787).  Kenneth H. Eckstein, Esq., and Robert T.
Schmidt, Esq., at Kramer Levin Naftalis & Frankel LLP, represent
the Debtors in their restructuring efforts.  M. Blake Cleary,
Esq., Edward J. Kosmoswki, Esq., and Patrick A. Jackson, Esq., at
Young, Conaway, Stargatt & Taylor, LLP, serve as the Debtors'
Delaware counsel.  The Debtors selected Epiq Bankruptcy Solutions
LLC as their claims agent.  When the Debtors filed for protection
from their creditors, they listed total assets of $194,800,000 and
total debts of $279,000,000.


ASCENDIA BRANDS: Ascendia Real Files Schedules of Assets & Debts
----------------------------------------------------------------
Ascendia Real Estate LLC filed with the U.S. Bankruptcy Court for
the District of Delaware its schedules of assets and liabilities,
disclosing:

     Name of Schedule                 Assets      Liabilities
     ----------------              ------------  ------------
  A. Real Property                   $2,930,175            $0
  B. Personal Property                    1,000
  C. Property Claimed as
     Exempt                       
  D. Creditors Holding
     Secured Claims                            
  E. Creditors Holding
     Unsecured Priority
     Claims                                    
  F. Creditors Holding
     Unsecured Non-priority
     Claims                                      
                                   ------------  -------------
     TOTAL                           $2,931,175             $0

                      About Ascendia Brands

Headquartered in Hamilton, New Jersey, Ascendia Brands, Inc. --
http://www.ascendiabrands.com/-- makes and sells branded consumer
products primarily in North America and over 80 countries as well.
The company's customers include Walmart, Walgreens, Kmart, Meijer
Stores, Target, and CVS.  The company and six of its affiliates
filed for Chapter 11 protection on Aug. 5, 2008 (Bankr. D. Del.
Lead Case No.08-11787).  Kenneth H. Eckstein, Esq., and Robert T.
Schmidt, Esq., at Kramer Levin Naftalis & Frankel LLP, represent
the Debtors in their restructuring efforts.  M. Blake Cleary,
Esq., Edward J. Kosmoswki, Esq., and Patrick A. Jackson, Esq., at
Young, Conaway, Stargatt & Taylor, LLP, serve as the Debtors'
Delaware counsel.  The Debtors selected Epiq Bankruptcy Solutions
LLC as their claims agent.  When the Debtors filed for protection
from their creditors, they listed total assets of $194,800,000 and
total debts of $279,000,000.


ASCENDIA BRANDS: Hermes Acquisition's Schedules of Assets & Debts
-----------------------------------------------------------------
Hermes Acquisition Company I, LLC, filed with the U.S. Bankruptcy
Court for the District of Delaware, its schedules of assets and
liabilities, disclosing:

     Name of Schedule                 Assets      Liabilities
     ----------------              ------------  ------------
  A. Real Property                 
  B. Personal Property                   $1,000            $0
  C. Property Claimed as
     Exempt
  D. Creditors Holding                           
     Secured Claims                              
  E. Creditors Holding                               
     Unsecured Priority
     Claims                                     
  F. Creditors Holding                             
     Unsecured Non-priority
     Claims                                              
                                   ------------  ------------
     TOTAL                               $1,000            $0

                      About Ascendia Brands

Headquartered in Hamilton, New Jersey, Ascendia Brands, Inc. --
http://www.ascendiabrands.com/-- makes and sells branded consumer
products primarily in North America and over 80 countries as well.
The company's customers include Walmart, Walgreens, Kmart, Meijer
Stores, Target, and CVS.  The company and six of its affiliates
filed for Chapter 11 protection on Aug. 5, 2008 (Bankr. D. Del.
Lead Case No.08-11787).  Kenneth H. Eckstein, Esq., and Robert T.
Schmidt, Esq., at Kramer Levin Naftalis & Frankel LLP, represent
the Debtors in their restructuring efforts.  M. Blake Cleary,
Esq., Edward J. Kosmoswki, Esq., and Patrick A. Jackson, Esq., at
Young, Conaway, Stargatt & Taylor, LLP, serve as the Debtors'
Delaware counsel.  The Debtors selected Epiq Bankruptcy Solutions
LLC as their claims agent.  When the Debtors filed for protection
from their creditors, they listed total assets of $194,800,000 and
total debts of $279,000,000.


ASCENDIA BRANDS: Lander Co. Files Schedules of Assets & Debts
-------------------------------------------------------------
Lander Co. filed with the U.S. Bankruptcy Court for the District
of Delaware, its schedules of assets and liabilities, disclosing:

     Name of Schedule                 Assets      Liabilities
     ----------------              ------------  ------------
  A. Real Property                 
  B. Personal Property                   $2,744            $0
  C. Property Claimed as
     Exempt
  D. Creditors Holding                    
     Secured Claims                              
  E. Creditors Holding                                 
     Unsecured Priority
     Claims                                     
  F. Creditors Holding                             
     Unsecured Non-priority
     Claims                                              
                                   ------------  ------------
     TOTAL                               $2,744            $0

                      About Ascendia Brands

Headquartered in Hamilton, New Jersey, Ascendia Brands, Inc. --
http://www.ascendiabrands.com/-- makes and sells branded consumer
products primarily in North America and over 80 countries as well.
The company's customers include Walmart, Walgreens, Kmart, Meijer
Stores, Target, and CVS.  The company and six of its affiliates
filed for Chapter 11 protection on Aug. 5, 2008 (Bankr. D. Del.
Lead Case No.08-11787).  Kenneth H. Eckstein, Esq., and Robert T.
Schmidt, Esq., at Kramer Levin Naftalis & Frankel LLP, represent
the Debtors in their restructuring efforts.  M. Blake Cleary,
Esq., Edward J. Kosmoswki, Esq., and Patrick A. Jackson, Esq., at
Young, Conaway, Stargatt & Taylor, LLP, serve as the Debtors'
Delaware counsel.  The Debtors selected Epiq Bankruptcy Solutions
LLC as their claims agent.  When the Debtors filed for protection
from their creditors, they listed total assets of $194,800,000 and
total debts of $279,000,000.


ASCENDIA BRANDS: Lander Intangibles' Schedules of Assets & Debts
----------------------------------------------------------------
Lander Intangibles Corp. filed with the U.S. Bankruptcy Court for
the District of Delaware, its schedules of assets and liabilities,
disclosing:

     Name of Schedule                 Assets      Liabilities
     ----------------              ------------  ------------
  A. Real Property                   
  B. Personal Property             $125,809,281            $0
  C. Property Claimed as
     Exempt
  D. Creditors Holding                           
     Secured Claims                              
  E. Creditors Holding                           
     Unsecured Priority
     Claims                                     
  F. Creditors Holding                             
     Unsecured Non-priority
     Claims                                              
                                   ------------  ------------
     TOTAL                         $125,809,281            $0

                      About Ascendia Brands

Headquartered in Hamilton, New Jersey, Ascendia Brands, Inc. --
http://www.ascendiabrands.com/-- makes and sells branded consumer
products primarily in North America and over 80 countries as well.
The company's customers include Walmart, Walgreens, Kmart, Meijer
Stores, Target, and CVS.  The company and six of its affiliates
filed for Chapter 11 protection on Aug. 5, 2008 (Bankr. D. Del.
Lead Case No.08-11787).  Kenneth H. Eckstein, Esq., and Robert T.
Schmidt, Esq., at Kramer Levin Naftalis & Frankel LLP, represent
the Debtors in their restructuring efforts.  M. Blake Cleary,
Esq., Edward J. Kosmoswki, Esq., and Patrick A. Jackson, Esq., at
Young, Conaway, Stargatt & Taylor, LLP, serve as the Debtors'
Delaware counsel.  The Debtors selected Epiq Bankruptcy Solutions
LLC as their claims agent.  When the Debtors filed for protection
from their creditors, they listed total assets of $194,800,000 and
total debts of $279,000,000.



BHM TECHNOLOGIES: Files Monthly Operating Report for July 2008
--------------------------------------------------------------

                         BHM TECHNOLOGIES
                      Unaudited BALANCE SHEET
                          July 26, 2008

                              ASSETS

Cash & Equivalents                                  $14,073,000
Accounts Receivable                                  55,431,000
Tooling Accounts Receivable & Inventory              24,149,000
Inventory                                            25,080,000
Other Current Assets                                 13,680,000
                                                   ------------
Total Current Assets                                132,413,000

Plant, Property & Equipment                         129,500,000
Less Accumulated Depreciation                       (35,004,000)
                                                   ------------
Net Plant, Property & Equipment                      94,496,000

Other Assets                                        178,664,000
Less Accumulated Amortization                       (17,308,000)
                                                   ------------
Other Assets, Net                                   161,356,000
                                                  
Total Assets                                       $388,265,000
                                                   ============

                LIABILITIES & SHAREHOLDERS' EQUITY

Trade Accounts Payable excluding Tooling            $50,525,000
Tooling Accounts Payable                             20,253,000
Accrued Liabilities                                   9,202,000
Bank Revolver                                        24,700,000
Current Portion Long Term Debt                       17,093,000
                                                   ------------
Total Current Liabilities                           121,773,000

Long Term Debt                                      299,835,000
Other Long Term Liabilities                          51,038,000
                                                   ------------
Total Long Term Liabilities                         350,873,000
Shareholders' Equity                                (84,381,000)
                                                   ------------
Total Liabilities & Shareholders' Equity           $388,265,000
                                                   ============

                         BHM TECHNOLOGIES
                   Unaudited Statement of Income
                    Period Ending July 26, 2008
     
Sales                                               $20,095,000
  Material                                           10,290,000
                                                   ------------
  Material margin                                     9,805,000

Hourly Labor                                          5,331,000
Overhead and Other                                    4,726,000
Depreciation                                          1,432,000
                                                   ------------
Total COS                                            21,779,000
                                                   ------------
Gross Profit                                         (1,683,000)
                                                   ------------

S, G & A Expenses                                     1,660,000
Amortization/Other                                    3,287,000
Other (Inc) Exp                                         129,000
EBIT                                                      0,000
Interest                                                129,000
Taxes                                                (2,008,000)
                                                   ------------
Net Income                                          ($4,880,000)
                                                   ============

                       BHM TECHNOLOGIES
                    Monthly Cash Statement
                    Cash Activity Analysis
                 Period Ending July 26, 2008

A. Beginning Balance                                $14,190,187
B. Receipts                                          28,404,015  
C. Balance Available (A+B)                           42,594,202
                                                    -----------
D. Less Disbursements                                28,314,443
E. Ending Balance                                    14,279,759
                                                    ===========

Disbursements by Debtor during the period:
   BHM Technologies Holdings, LLC                             0
   BHM Technologies, LLC                                      0
   The Brown Company International, LLC                       0
   The Brown Corporation of America                  $3,040,740
   The Brown Company of Waverly, LLC                  3,128,514
   The Brown Company of Ionia, LLC                    2,251,035
   The Brown Corporation of Greenville, Inc.            570,177
   The Brown Company of Moberly, LLC                  4,461,583
   The Brown Realty Company, LLC                              0
   Heckethorn Holdings, Inc.                                  0
   Heckethorn Manufacturing Co., Inc.                 3,419,471
   Midwest Stamping & Manufacturing Co.                       0
   Midwest Stamping, Inc.                             4,453,879
   Morton Welding Holdings, Inc.                              0
   Morton Welding Co., Inc.                           6,989,044
                                                    -----------
      TOTAL                                         $28,314,443
                                                    ===========

                           BHM TECHNOLOGIES
                          Cash Flow Statement
                      For The Month Ended July 2008
                              (unaudited)

Cash Flow Statement

Net Income                                          ($4,882,000)
Plus Non-Cash Taxes                                  (2,008,000)
Plus Depreciation                                     1,230,000
Plus Amortization                                       754,000
                                                    -----------
Net Income plus D&A                                  (4,906,000)

Changes in Working Capital
Source (Use) from Trade A/R                          11,912,000
Source (Use) from Inventory                            (851,000)
Source (Use) from Tooling A/R and lr                   (868,000)
Source (Use) from Other Assets                         (877,000)
Source (Use) from Trade A/P                          (2,164,000)
Source (Use) from Tooling A/P                          (753,000)
Source (Use) from Accrued Payroll                        75,000
Source (Use) from Accrued Interest                       66,000
Source (Use) from Other Liabilities                    (569,000)
Changes in Working Capital                            5,971,000
                                                      ---------
Cash Flow from Operations                             1,065,000
                                                      ---------
Capital Expenditures                                   (878,000)
Change in Revolver                                            0   
Change in Debt/PIK                                            0
                                                        -------
Change in Cash                                          187,000
                                                        
Beginning Cash                                       13,886,000
                                                    -----------
Ending Cash                                         $14,073,000
                                                    ===========

BHM Technologies Holdings, Inc. and 14 affiliates filed separate
voluntary petitions under Chapter 11 on May 19, 2008 (Bankr.
W.D. Mich. Lead Case No. 08-04413).  Hannah Mufson McCollum,
Esq., Kay Standridge Kress, Esq., Robert S. Hertzberg, Esq., and
Leon R. Barson, Esq. of Pepper Hamilton LLP, represent the
Debtors in their restructuring efforts.

The Debtors have until Dec. 15, 2008, to exclusively file their
bankruptcy plan.  (BHM Technologies Bankruptcy News; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or
215/945-7000)


BHM TECHNOLOGIES: Files Monthly Operating Report for August 2008
----------------------------------------------------------------

                         BHM TECHNOLOGIES
                     Unaudited BALANCE SHEET
                         August 23, 2008

                              ASSETS

Cash & Equivalents                                  $17,103,000
Accounts Receivable                                  56,109,000
Tooling Accounts Receivable & Inventory              22,145,000
Inventory                                            26,578,000
Other Current Assets                                 13,630,000
                                                    -----------
   Total Current Assets                             135,565,000

Plant, Property & Equipment                         130,645,000  
Less Accumulated Depreciation                       (36,416,000)
                                                    -----------
Net Plant, Property & Equipment                      94,229,000

Other Assets                                        178,661,000
Less Accumulated Amortization                       (18,062,000)
                                                   ------------
   Other Assets, Net                                160,599,000
                                                   ------------
   Total Assets                                    $390,393,000
                                                   ============

                LIABILITIES & SHAREHOLDERS' EQUITY

Trade Accounts Payable excluding Tooling            $55,593,000
Tooling Accounts Payable                             18,935,000
Accrued Liabilities                                   8,895,000
Bank Revolver                                        24,700,000
Current Portion Long Term Debt                       17,093,000
                                                    -----------
   Total Current Liabilities                        125,216,000

Long Term Debt                                      299,835,000
Other Long Term Liabilities                          50,940,000
                                                    -----------
Total Long Term Liabilities                         350,775,000
Shareholders' Equity                                (85,598,000)
                                                    -----------
   Total Liabilities & Shareholders' Equity        $390,393,000
                                                   ===========

                         BHM TECHNOLOGIES
                   Unaudited Statement of Income
                   Period Ending August 23, 2008

Sales                                               $29,722,000
   Material                                          14,809,000
                                                    -----------
   Material margin                                   14,913,000

Hourly Labor                                          6,377,000
Overhead and Other                                    5,180,000
Depreciation                                          1,412,000   
                                                    -----------
Total COS                                            27,778,000
                                                    -----------
Gross Profit                                          1,943,000
                                                    -----------

S, G & A Expenses                                     1,546,000
Amortization/Other                                    2,048,000
Other (Inc) Exp                                         217,000
EBIT                                                 (1,868,000)
Interest                                               (152,000)
Taxes                                                  (804,000)   
                                                     ----------
Net Income                                           $3,159,000  
                                                     ==========

                         BHM TECHNOLOGIES
                      Monthly Cash Statement
                  Period Ending August 23, 2008
                      Cash Activity Analysis

A. Beginning Balance                                $14,279,759   
B. Receipts                                          32,866,239
C. Balance Available (A+B)                           47,145,998
                                                     ----------
D. Less Disbursements                                30,886,016
E. Ending Balance                                    16,259,982
                                                     ----------

Disbursements by Debtor during the period:
   BHM Technologies Holdings, LLC                             -
   BHM Technologies, LLC                                      -
   The Brown Company International, LLC                       -
   The Brown Corporation of America                   5,790,427
   The Brown Company of Waverly, LLC                  3,512,005
   The Brown Company of Ionia, LLC                    3,312,344
   The Brown Corporation of Greenville, Inc.            492,833
   The Brown Company of Moberly, LLC                  2,608,196
   The Brown Realty Company, LLC                              -
   Heckethorn Holdings, Inc.                                  -
   Heckethorn Manufacturing Co., Inc.                 3,402,892
   Midwest Stamping & Manufacturing Co.                       -
   Midwest Stamping, Inc.                             4,112,749
   Morton Welding Holdings, Inc.                              -
   Morton Welding Co., Inc.                           7,654,570
                                                    -----------
      TOTAL                                         $30,886,016
                                                    ===========
                         BHM TECHNOLOGIES
                       Cash Flow Statement
                  For The Month Ended August 2008
                           (unaudited)

Cash Flow Statement

Net Income                                           $1,217,000
Plus Non-Cash Taxes                                    (804,000)
Plus Depreciation                                     1,412,000
Plus Amortization                                       754,000
                                                     ----------
Net Income plus D&A                                     146,000

Changes in Working Capital
Source (Use) from Trade A/R                            (687,000)
Source (Use) from Inventory                          (1,498,000)
Source (Use) from Tooling A/R and lr                  2,004,000
Source (Use) from Other Assets                           62,000
Source (Use) from Trade A/P                           4,921,000
Source (Use) from Tooling A/P                        (1,319,000)
Source (Use) from Accrued Payroll                       315,000
Source (Use) from Accrued Interest                        5,000
Source (Use) from Other Liabilities                      78,000
Changes in Working Capital                            3,881,000
                                                     ----------
Cash Flow from Operations                             4,028,000
                                                     ----------
Capital Expenditures                                   (998,000)
Change in Revolver                                            0
Change in Debt/PIK                                            0
                                                    -----------
   Change in Cash                                     3,030,000

   Beginning Cash                                    14,073,000
                                                    -----------
   Ending Cash                                      $17,103,000
                                                    ===========

BHM Technologies Holdings, Inc. and 14 affiliates filed separate
voluntary petitions under Chapter 11 on May 19, 2008 (Bankr.
W.D. Mich. Lead Case No. 08-04413).  Hannah Mufson McCollum,
Esq., Kay Standridge Kress, Esq., Robert S. Hertzberg, Esq., and
Leon R. Barson, Esq. of Pepper Hamilton LLP, represent the
Debtors in their restructuring efforts.

The Debtors have until Dec. 15, 2008, to exclusively file their
bankruptcy plan.  (BHM Technologies Bankruptcy News; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or
215/945-7000)


BOSCOV'S INC: Files Schedules of Assets and Liabilities
-------------------------------------------------------
Boscov's Inc. filed with the U.S. Bankruptcy Court for the
District of Delaware its schedules of assets and debts,
disclosing:

A.    Real Property                                       $0

B.    Personal Property                                 
B.1   Cash on hand                                         0
B.2   Bank Accounts                                        0

B.13  Business Interests and stocks
       100% ownership of Boscov's Finance Company    Unknown
       100% ownership of Boscov's Investment Company Unknown
       100% ownership of Boscov's PSI Inc.           Unknown
       100% ownership of Boscov's Transportation
          Company, LLC                               Unknown
       100% ownership of Retail Construction &
          Development Company                        Unknown
       100% ownership of SDS. Inc.                   Unknown
       99% ownership of Boscov's Department Store    Unknown

B.18  Other Liquidated Debts                
       Comptroller of Maryland                        65,841
       Internal Revenue Services                   4,496,435
       NYS Corporation Tax                            20,168
       Pennsylvania Department of Revenue            200,000
       State of  New Jersey, Division of Taxation    809,910
       Virginia Department of Taxation                10,000

      TOTAL SCHEDULED ASSETS                      $5,602,354


======================================================                       
                                                                                      
C.    Property Claimed as Exempt                          $0

D.    Secured Claim             
       Alison Gem Corporation                        Unknown
       B L Income Investments I LP                   Unknown
       Bank of America N.A.,                     158,162,394
       Bear Stearns Corporation Lending           38,068,359
       Fabrikant Leer International Ltd.             Unknown
       HSBC Bank Nevada N. A.                        Unknown
                
E.    Unsecured Priority Claims
       Aggregate Wages, Salaries & Commission        188,630
       Berkheimer Associates                             220
       Berks EIT Bureau                                  339
       Dept. of the Treasury Internal Revenue Service  3,975
       PA UC Fund Bureau of Employer Tax Operations    1,731

F.    Unsecured Non-priority Claims                        0        

      TOTAL SCHEDULED LIABILITIES               $196,425,647

      ======================================================

Headquartered in Reading, Pennsylvania, Boscov's Inc. --
http://www.boscovs.com-- is America's largest family-owned       
independent department store, with 49 stores in Pennsylvania, New
York, New Jersey, Maryland, Delaware and Virginia.

Boscov's Inc. and its debtor-affiliates filed for Chapter 11
protection on Aug. 4, 2008 (Bankr. D. Del. Case No.: 08-11637).
Judge Kevin Gross presides over the cases.

David G. Heiman, Esq., and Thomas A. Wilson, Esq., at Jones Day,
serve as the Debtors' lead counsel.  The Debtors' financial
advisor is Capstone Advisory Group and their investment banker is
Lehman Brothers, Inc.  The Debtors' claims agent is Kurtzman
Carson Consultants L.L.C.

Boscov's listed assets of $538 million and liabilities of
$479 million in its bankruptcy filing.  

(Boscov's Bankruptcy News; Issue No. 9; Bankruptcy Creditors'
Service Inc., http://bankrupt.com/newsstand/or 215/945-7000)


CATHOLIC CHURCH: Fairbanks' Monthly Operating Report for August
---------------------------------------------------------------
The Diocese of Fairbanks filed with the U.S. Bankruptcy for the
District of Alaska its monthly operating report for August, 2008.

               Catholic Bishop of Northern Alaska
                 Statement of Financial Position
                       As of July 31, 2008

                                               CBNA     Held for
ASSETS                                        Total      Others
                                              -----     --------
Cash and cash equivalents                  $220,642      $80,791
Investments:
   Valuables in safe                            168            -
   Trust account @ market                 1,198,625            -
   457 Plan assets @ market                       -      178,184
   Endowment Fund @ market                        -   14,790,448
   Endowment Fund-earnings @ market        (223,448)           -
   Stocks                                     5,157            -
   Limited partnerships                     261,324            -
Accounts receivable, net of allowance:
   Tuition, fees and others               1,839,565            -
   For parishes and school                  205,974            -
   Other                                     10,531            -
Notes and other receivables                 347,695            -
Grants pledged                              125,000            -
Fixed assets, net at cost:
   Land and building                      7,780,155            -
   Aircraft                                 340,726            -
   Equipment                                (40,960)           -
Other assets                                153,547            -
                                         ----------   ----------
   Total Assets                         $12,224,706  $15,049,423

LIABILITIES AND NET ASSETS

Liabilities:
Accounts payable/accrued liabilities       $359,807            -
Notes payable                               216,966            -
Benefits payable                             86,270            -
Deferred revenue                          1,864,202            -
Annuities payable                           215,684            -
Other liabilities                            23,602            -
Payroll-related liabilities:
   Payroll taxes                             50,907            -
   General vacation accrual account          16,339            -
   Accrued leave                            227,800            -
Insurance:
   Long term disability                         328            -
   Insurance deposits A/R                   229,694            -
   Insurance reserves expense                40,562            -
   Indemnity insurance reserves                  99            -
   Medical/Dental payroll deduction         226,397            -
Teacher scholarships                              -            -
CBNA building loan                                -            -
                                         ----------   ----------
   Total Liabilities                      3,558,663            -
                                         ----------   ----------
Total net assets                          8,666,042   15,049,423
                                         ----------   ----------
   Total Liabilities and Net Assets     $12,224,706  $15,049,423
                                         ==========   ==========

               Catholic Bishop of Northern Alaska
                     Statement of Activities
               For the month ending July 31, 2008

                                               CBNA     Held for
                                              Total      Others
Support and revenue:                          -----     --------
   Parish assessments                             -            -
   Tuition, net of tuition assistance       $90,872            -
   Curricular income                            115            -
   Donations                                320,541      ($8,438)
   Investment income [loss]                 (43,278)       3,165
   Other income                               7,915            -
   Temporarily restricted gifts             179,329            -
                                         ----------   ----------
   Total support and revenue                555,495       (5,273)

Expenses:
   Operating expenses                       107,255            -
   Supplies                                  38,670            -
   Repair & Maintenance                      10,814            -
   Utilities                                 17,530            -
   Insurance                                 11,028            -
   Staff Expenses:
      Salaries & Wages                      212,683            -
      Payroll Taxes                          12,314            -
      Employee Benefits                      81,769            -
      Staff Development/Misc.                     -            -
   Curricular Expenses                       28,335            -
   Recruiting, advertising and PRs            5,914            -
   Travel Expenses                            7,454            -
   Student related expenses                     485            -
   Contributions                                500            -
   Professional and technical fees           37,694            -
   Investment services                        3,908          541
   Subsidies                                      -            -
   Rental/Lease Expense                      32,599            -
   Assessments                               15,716            -
   Fund Raising Expense                      25,565            -
   Radio Programming Expense                  6,266            -
   Radio Technical Dept. Expenses            16,334            -
   Miscellaneous Expense                      9,275            -
                                         ----------   ----------
   Total General                            682,119          541

   Funds released from restricted funds           -            -
   Net change in designated funds                 -            -
                                         ----------   ----------
   Total Expenses                           682,119          541

                                         ----------   ----------
Increase (decrease) in net assets          (126,623)      (5,815)
                                         ----------   ----------

Re-organizational costs                      62,753            -

Increase (decrease) in net assets        ----------   ----------
after Re-org costs                         (189,377)       5,815
         
Net assets:
   Beginning of month                     8,855,420   15,043,608
                                         ----------   ----------
   End of month                          $8,666,042  $15,049,423
                                         ==========   ==========

               Catholic Bishop of Northern Alaska
                 Cash Receipts and Disbursements
               For the month ending July 31, 2008

                                               CBNA     Held for
                                              Total      Others
                                              -----     --------
Beginning balance - February 2008          $409,155      $77,681

Total receipts - prior gen. account
   reports                                3,716,342      478,310
Less total disbursements                  3,871,367      552,285
                                         ----------   ----------
Beginning balance - July 31, 2008           254,131        3,706

Receipts during current period:
   Funds received by CSF from
      CBNA - donations                            -            -
   Funds collected from others                    -      116,909
   Transfers between internal accounts        35,409           -
   Accounts receivable - post filing        100,582            -
   Transfers from investment accounts       460,000            -
   Custodial funds                                -        4,262
   Funds received by CBNA from KNOM          41,986            -
   Funds received from Catholic Schools      25,945            -
   Annual Catholic schools appeal               248            -
   Interest & dividends                         618            -
   Donations                                289,598            -
   Donations - Internet                           -            -
   Gains (Losses) security sales              1,643            -
   Grants                                     1,000            -
   Payment refund/return                      4,887            -
   Weather service income                       150            -
   Health Insurance                             583            -
   Restricted funds                         179,944            -
   Other income/fees                          6,006            -
   Co-curricular income                         115            -
   Curricular income                            200            -
   Mis. sale of books & autos                 5,916            -
   NSF'S                                         10            -
                                         ----------   ----------
   Total receipts this period             1,154,835      121,172
                                         ----------   ----------
Balance                                   1,408,966      124,878

Less total disbursements:
   Transfers to Catholic Schools              8,333            -
   Transfers from KNOM to CBNA               41,986            -
   Transfers between internal accounts       35,409            -
   Transfers to CBNA from CSF                25,945            -
   Custodial funds                                -       20,251
   Administrative                             4,617            -
   Co-curricular expense                          -            -
   Curricular expense                         2,178            -
   Funds disbursed for others                     -      113,236
   Bank fees and charges                      1,197            -
   Interest expense                           6,266            -
   Programming - News service                     -            -
   Wages & salaries                         261,483            -
   Employee benefits                        135,655            -
   Fundraising                               10,147            -
   Mission & program support                  2,752            -
   Equipment & supplies                      19,749            -
   Telephone/Internet                         1,098            -
   Staff development                          1,501            -
   Utilities                                 25,918            -
   Refunds                                      875            -
   List rental and copy leases               31,376            -
   Services & insurance                      89,571            -
   US Trustees fees                           5,850            -
   Education expenses                           500            -
   Maintenance/repairs                       13,073            -
   Building supplies and expenses               923            -
   Annuities                                  4,159            -
   School supplies                              574            -
   Travel                                     1,494            -
   NSF's                                        849            -
   Payroll, excluding pastoral services         125            -
   Postage                                      561            -
   Professional Fees                            400            -
   Professional Fees - Ch. 11               362,178            -
   Stipend/Services                             190            -
   Dues/Fees                                    949            -
   Miscellaneous                              1,188            -
                                         ----------   ----------
   Total disbursements this period        1,099,083      133,488
                                         ----------   ----------
Ending balance - July 31, 2008             $309,882      ($8,609)
                                         ==========   ==========

                    About Diocese of Fairbanks

The Roman Catholic Diocese of Fairbanks in Alaska, aka Catholic
Bishop of Northern Alaska, aka Catholic Diocese of Fairbanks, aka
The Diocese of Fairbanks, aka CBNA -- http://www.cbna.info/--     
filed for chapter 11 bankruptcy on March 1, 2008 (Bankr. D. Alaska
Case No. 08-00110).  Susan G. Boswell, Esq., at Quarles & Brady
LLP represents the Debtor in its restructuring efforts.  Michael
R. Mills, Esq., of Dorsey & Whitney LLP serves as the Debtor's
local counsel and Cook, Schuhmann & Groseclose Inc. as its special
counsel.  Judge Donald MacDonald, IV, of the United States
Bankruptcy Court for the District of Alaska presides over
Fairbanks' Chapter 11 case.  The Debtor's schedules show total
assets of $13,316,864 and total liabilities of $1,838,719.

The church's plans to file its bankruptcy plan and disclosure
statement on July 15, 2008.  Its exclusive plan filing period
expires on Jan. 15, 2009.  (Catholic Church Bankruptcy News, Issue
No. 131; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


FRONTIER AIRLINES: Posts $5.6 Million Net Loss in August 2008
-------------------------------------------------------------
Frontier Airlines Holdings Inc. filed its Monthly Operating Report
for August 2008.  Frontier reported an operating profit of
$3,300,000 and a consolidated net loss of $5,600,000.  Frontier's
results included these items:
   
   -- $6,500,000 in reorganization items, which included a
      $4,700,000 loss on a sale-leaseback transaction and
      $1,800,000 in professional fees

   -- A mark-to-market non-cash loss of $500,000 on fuel hedging
      contracts

   -- A loss on early extinguishment of debt of $300,000

   -- These charges were offset by a reversal of severance
     accrual of $500,000

Excluding these items, Frontier showed a net income of
$1,200,000 in the month of August 2008.

"This clearly shows progress in our Company's bankruptcy
proceedings," said Frontier President and CEO Sean Menke.  "Even
in the face of extremely high fuel prices and strong competition
in Denver, we were able to show an operating profit for the
second month in a row.  We have implemented plans to generate
more revenue and have been able to meet and exceed our cost
targets for the summer months as we plan our emergence from
bankruptcy."

Frontier showed a profit from operations despite a 61% increase
in fuel costs per gallon, excluding fuel hedging activities, as
compared to the same period last year.  For the month, Frontier's
mainline cost per available seat mile excluding fuel decreased
12.9% to 5.4 cents on a capacity decrease of 2% year-over-year.

Frontier's cash and short-term investments increased to
$77,800,000 at the end of August, including net proceeds of
$28,000,000 from the first traunch of debtor in possession
financing provided by three members of Frontier's Unsecured
Creditor's Committee and net proceeds of $4,200,000 from a
sale-leaseback transaction involving one of Frontier's aircraft.  
As already announced, Frontier has entered into an agreement with
VTB Leasing to sell six of its Airbus A319 aircraft.  In early
September the Company closed on the sale of two of the six
aircraft and is scheduled to close on the remaining aircraft
later this calendar year.

            FRONTIER AIRLINES HOLDINGS, INC., ET AL.
         Unaudited Condensed Consolidated Balance Sheet
                     As of August 31, 2008

                             ASSETS

CURRENT
ASSETS:                                                                      
   Cash and cash equivalents                         $74,186,000
   Short-term investments                              3,740,000
   Restricted investments                            187,609,000
   Receivables, net of an allowance for
    doubtful accounts                                 59,546,000
   Security and other deposits                                 -
   Prepaid expenses and other assets                  27,280,000
   Inventories, net of allowance                      15,838,000
   Assets held for sale                                  858,000
                                                  --------------
Total current assets                                 369,057,000

Property and other equipment, net                    771,206,000
Security and other deposits                           29,605,000
Aircraft pre-delivery payments                         3,497,000
Restricted investments                                 2,987,000
Deferred loan expenses and other assets               17,135,000
                                                  --------------
Total Assets                                      $1,193,487,000
                                                  ==============

              LIABILITIES AND SHAREHOLDERS' EQUITY

Liabilities not subject to compromise:

CURRENT LIABILITIES:                                                  
   Accounts payable                                  $47,615,000
   Air traffic liability                             194,523,000
   Other accrued expenses                            139,792,000
   Deferred revenue and other current liabilities     19,305,000
   PDP financing                                               -
   DIP financing                                      30,000,000
                                                  --------------
Total current liabilities
not subject to compromise                           431,235,000

Deferred revenue and other liabilities                22,786,000
                                                  --------------
Total liabilities not subject to compromise          454,021,000

Liabilities subject to compromise                    652,712,000
                                                  --------------
Total Liabilities                                  1,106,733,000

STOCKHOLDERS' DEFICIT:
   Preferred stock                                             -
   Common stock                                           37,000
   Additional paid-in capital                        196,468,000
   Unearned ESOP shares                                 (274,000)
   Other comprehensive loss                                    -
   Accumulated deficit                              (109,477,000)
                                                  --------------
Total Stockholders' Equity                            86,754,000
                                                  --------------
Total Liabilities and Stockholders' Equity        $1,193,487,000
                                                  ==============

              FRONTIER AIRLINES HOLDINGS, INC., ET AL
    Unaudited Condensed Consolidated Statement of Operations
                   Month Ended August 31, 2008

Revenues:
   Passenger                                        $122,420,000
   Cargo                                                 693,000
   Other                                               3,715,000
                                                  --------------
Total revenues                                       126,828,000

Operating expenses:
   Flight operations                                  14,370,000
   Aircraft fuel                                      60,333,000
   Aircraft lease                                      9,892,000
   Aircraft and traffic servicing                     15,523,000
   Maintenance                                         8,751,000
   Promotion and sales                                 8,083,000
   General and administrative                          3,443,000
   Operating expenses -- regional partner                      -
   Loss (gain) on sales of assets, net                         -
   Employee separation and other charges                (464,000)
   Depreciation                                        3,600,000
                                                  --------------
Total operating expenses                             123,531,000
                                                  --------------
Operating income                                       3,297,000

Non-operating income (expense):
   Interest income                                       504,000
   Interest expense                                   (2,621,000)
   Loss from early extinguishment of debt               (217,000)
   Other, net                                            (65,000)
                                                  --------------
Total non-operating expense, net                      (2,399,000)

Loss before reorganization items & income taxes          898,000
   Reorganization items                                6,512,000
   Income taxes                                                -
                                                  --------------
Net Loss                                             ($5,614,000)
                                                  ==============

              FRONTIER AIRLINES HOLDINGS, INC., ET AL.
     Unaudited Condensed Consolidated Statement of Cash Flow
                    Month Ended August 31, 2008

Cash flows from operating activities:
   Net Loss                                          ($5,614,000)

   Adjustments to reconcile net loss to net cash
   used in operating activities:
     ESOP and stock option compensation expense          186,000
     Depreciation and amortization                     3,737,000
     Assets beyond economic repair                        90,000
     Mark to market losses on derivative contracts       543,000
     Proceeds received for settled
      derivative contracts                                     -
     Loss (Gain) on disposal of equipment
      and other assets, net                                    -
     Loss on early extinguishment of debt                218,000
     Unrealized loss on short-term investments                 -
   Changes in operating assets and liabilities:
     Restricted investments                              457,000
     Receivables                                      (1,224,000)
     Security and other deposits                      (3,225,000)
     Prepaid expenses and other assets                 6,627,000
     Inventories                                       3,584,000
     Other assets                                         (2,000)
     Accounts payable                                 (4,987,000)
     Air traffic liability                           (25,810,000)
     Other accrued expenses                           79,657,000
     Deferred revenue and other liabilities              701,000
     Reorganization items                              6,512,000
                                                  --------------
Net cash provided by operating activities             61,450,000

Cash flows from reorganization activities
   Net cash provided by reorganization activities        555,000

Cash flows from investing activities:
   Aircraft purchase deposits made                    (1,841,000)
   Aircraft purchase deposits returned                         -
   Sale of short-term investment                               -
   Proceeds from the sale of property and
    equipment and assets held for sale                    78,000
   Capital expenditures                                 (375,000)
   Deposits held in restricted funds for the
    sale of aircraft                                 (80,550,000)
   Proceeds from the sale of aircraft --
    reorganization activity                           29,300,000
                                                  --------------
Net cash used in investing activities                (53,388,000)

Cash flows from financing activities:
   Proceeds from DIP financing (postpetition)         30,000,000
   Extinguishment of long-term borrowings                      -
   Principal payments on long-term borrowings         (3,005,000)
   Extinguishment of long-term borrowings --
    reorganization activity                          (23,877,000)
   Principal payments on short-term borrowing                  -
   Payment of financing fees                          (2,053,000)
                                                  --------------
Net cash provided by financing activities              1,065,000

Increase in cash and cash equivalents                  9,682,000
Cash and cash equivalents at beginning of period      64,504,000
                                                  --------------
Cash and cash equivalents at end of period           $74,186,000
                                                  ==============

                    About Frontier Airlines Inc.

Headquartered in Denver, Colorado, Frontier Airlines Inc. --
http://www.frontierairlines.com/-- provide air transportation
for passengers and freight.  They operate jet service carriers
linking their Denver, Colorado hub to 46 cities coast-to-coast,
8 cities in Mexico, and 1 city in Canada, well as provide
service from other non-hub cities, including service from 10
non-hub cities to Mexico.

The Debtor and its debtor-affiliates filed for Chapter 11
protection on April 10, 2008, (Bankr. S.D. N.Y. Case No.: 08-
11297 thru 08-11299.)  Benjamin S. Kaminetzky, Esq., and Hugh R.
McCullough, Esq., at Davis Polk & Wardwell, represent the
Debtors in their restructuring efforts.  Togul, Segal & Segal
LLP is the Debtors' Conflicts Counsel, Faegre & Benson LLP is
the Debtors' Special Counsel, and Kekst and Company is the
Debtors' Communications Advisors.

(Frontier Airlines Bankruptcy News, Issue No. 24; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or
215/945-7000)


GREEKTOWN CASINO: Files Monthly Operating Report for August
-----------------------------------------------------------

                    Greektown Holdings, LLC
                        Balance Sheet
                     As of August 31, 2008

Assets
  Cash                                                       $0
  Inventory                                              
  Accounts receivable                                
  Insider Receivables                                 2,892,586

Property and Equipment
  Land and buildings                                          0
    Furniture, fixtures and equipment                         0

Other Assets
  Financing Fees                                              0
  Notes receivables from affiliates                 372,561,608       
  Investments in affiliate                          128,125,441
                                                 --------------
Total Assets                                       $503,579,635
                                                 ==============  

Liabilities and Stockholder's Equity
  Postpetition liabilities:
  Accounts payable                                           $0
  Rent and lease payable                                      0
  Wages and salaries                                          0
  Taxes payable                                               0
  Other                                                 800,000
                                                 --------------
  Total postpetition liabilities                        800,000

Secured liabilities subject to postpetition
collateral or financing order                       58,595,844
All other secured liabilities                       313,965,764
                                                 --------------
  Total secured liabilities                         372,561,608

  Prepetition liabilities:
  Taxes and other priority liabilities                        0
  Unsecured liabilities                             211,935,682     
  Discount on bonds                                           0
                                                 --------------
  Total prepetition liabilities                     211,935,682

Kewadin equity                                      (99,399,607)
Monroe equity                                       (87,697,011)
Owner's capital                                         488,947
Retained earnings prepetition                       116,601,907
Retained earnings postpetition                      (11,711,890)
                                                 --------------
  Total stockholders' equity                        (81,717,655)
  Total liabilities                                 585,297,290
                                                 --------------
Total Liabilities & Shareholders' Deficit          $503,570,635
                                                 ==============  

                   Greektown Holdings, LLC
                       Income Statement
                     As of August 31, 2008

Total revenue/sales                                          $0
Cost of sales                                                 0
                                                 --------------
Gross profit                                                  0

Operating Expenses
  Interest expense                                    1,657,292
  Accounting fees - credit                                    0
                                                 --------------
  Total expenses                                      1,657,292

Net operating profit/(loss)                         
Add: Non-operating income                                     0
     Interest income                                          0
     Other income                                             0

Less: Non-operating expenses                                  0
                                                 --------------
Net Income(Loss)                                    ($1,657,292)
                                                 ==============

                   Greektown Holdings, LLC
                      Cash Flow Statement
             For the month ended August 31, 2008

Cash - beginning of month                                    $0

  Receipts                                                    0
  Balance available                                           0
                                                 --------------
  Less disbursements                                          0
                                                 --------------
Cash - end of month                                          $0
                                                 ==============

                    Greektown Casino LLC
                        Balance Sheet
                     As of August 31, 2008

Assets
  Cash                                              $18,408,611
  Inventory                                             404,442
  Accounts receivable                                 5,417,530
  Insider Receivables                                         0

Property and Equipment
  Land and buildings                                443,017,369
  Furniture, fixtures and equipment                  80,623,754
  Accumulated depreciation                         (132,551,369)
  Other                                              14,568,376
  Other                                             145,852,125
                                                 --------------
Total Assets                                       $575,740,837
                                                 ==============  

Liabilities and Stockholder's Equity
  Postpetition liabilities:
  Accounts payable                                  $30,859,836
  Rent and lease payable                                      0
  Wages and salaries                                  2,403,612
  Taxes payable                                         356,473
  Other                                                 309,473
                                                 --------------
  Total postpetition liabilities                     33,929,835

Secured liabilities subject to postpetition
collateral or financing order                       58,595,844
All other secured liabilities                       313,965,764
                                                 --------------
  Total secured liabilities                         372,561,608

  Prepetition liabilities:
  Taxes and other priority liabilities                3,494,231
  Unsecured liabilities                              35,590,715       
  Other                                               2,039,008
                                                 --------------
  Total prepetition liabilities                      41,123,954

  Equity                                             47,646,499
  Owner's capital                                             0
  Retained earnings prepetition                      82,744,007
  Retained earnings postpetition                     (2,265,066)
                                                 --------------
  Total stockholders' equity                        128,125,440
  Total liabilities                                 447,615,397
                                                 --------------
Total Liabilities & Shareholders' Deficit          $575,740,837
                                                 ==============  

                     Greektown Casino LLC
                       Income Statement
                     As of August 31, 2008

Total revenue/sales                                 $26,638,220
Cost of sales                                         2,775,912
                                                 --------------
Gross profit                                         23,862,308
Operating Expenses
  Officer compensation                                   82,374
  Salary expenses, other employees                    4,330,603
  Employees benefits & pensions                       1,903,780
  Payroll taxes                                         496,162
  Other taxes                                           513,396
  Rent and lease expense                                  5,072
  Interest expense                                    1,965,075
  Insurance                                             146,054
  Automobile & truck expense                                  0
  Utilities                                             241,064
  Depreciation                                          432,662
  Travel and entertainment                                1,655
  Repairs and maintenance                                19,455
  Advertising                                           501,815
  Supplies, office expense, etc.                         16,672
  Gaming taxes                                        7,014,477
  G&A expenses                                        2,798,795
  F&B expenses                                          572,280
  MGCB Fee                                              818,866
  Parking/other                                         (82,408)
                                                 --------------
  Total expenses                                     21,777,849

  Net operating profit/(loss)                         2,084,459
  Add: Non-operating income                                   0
       Interest income                                   13,565
       Other income                                           0

  Less: Non-operating expenses                                0
        Professional fees                             1,043,757
        Other                                           131,236
                                                 --------------
Net Income/Loss                                        $923,031
                                                 ==============
  
                     Greektown Casino LLC
                     Cash Flow Statement
               For the month ended August 31, 2008

Cash - beginning of month                            $5,638,704

  Receipts                                           42,551,589
  Balance available                                  48,190,293
                                                 --------------
  Less disbursements                                 43,803,470
                                                 --------------
Cash - end of month                                  $4,386,823
                                                 ==============

                      About Greektown Casino

Based in Detroit, Michigan, Greektown Holdings, LLC and its
affiliates -- http://www.greektowncasino.com/-- operates world-
class casino gaming facilities located in Detroit's historic
Greektown district featuring more than 75,000 square feet of
casino gaming space with more than 2,400 slot machines, over 70
tables games, a 12,500-square foot salon dedicated to high limit
gaming and the largest live poker room in the metropolitan Detroit
gaming market.

Greektown Casino employs approximately 1,971 employees, and
estimates that it attracts over 15,800 patrons each day, many of
whom make regular visits to its casino complex and related
properties.  In 2007, Greektown Casino achieved a 25.6% market
share of the metropolitan Detroit gaming market.  Greektown Casino
has also been rated as the "Best Casino in Michigan" and "Best
Casino in Detroit" numerous times in annual readers' polls in
Detroit's two largest newspapers.

The company and seven of its affiliates filed for Chapter 11
protection on May 29, 2008 (Bankr. E.D. Mich. Lead Case No.
08-53104).  Daniel J. Weiner, Esq., Michael E. Baum, Esq., and
Ryan D. Heilman, Esq., at Schafer and Weiner PLLC, represent the
Debtors in their restructuring efforts.  Judy B. Calton, Esq., at
Honigman Miller Schwartz and Cohn LLP, represents the Debtors as
their special counsel.  The Debtors chose Conway MacKenzie &
Dunleavy as their financial advisor, and Kurtzman Carson
Consultants LLC as claims, noticing, and balloting agent.

When the Debtor filed for protection from its creditors, it listed
consolidated estimated assets and debts of $100 million to
$500 million.  (Greektown Casino Bankruptcy News, Issue No. 13;
Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).    
                       

HOOPS HOLDINGS: Files Monthly Operating Report for August
---------------------------------------------------------
Hoops Holdings LLC, et al., filed with the U.S. Bankruptcy Court
for the District of Delaware their monthly operating operating for   
August, 2008.

The Debtors reported total assets of $77,888,084 and total
liabilities of $106,228,905, resulting in a $28,340,820
stockholders' deficit.

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

               http://researcharchives.com/t/s?3356

                       About Hoop Holdings

Headquartered in Secausus, New Jersey, Hoop Holdings LLC owns and
operates gift, novelty, and souvenir shops.  The company and two
of its affiliates (Hoop Retail Stores, LLC and Hoop Canada
Holdings, Inc.) filed for Chapter 11 protection on March 27, 2008
(Bankr. D. Del. Lead Case No. 08-10544).  Daniel J. DeFranceschi,
Esq., at Richards, Layton & Finger, represents the Debtors in
their restructuring efforts.  Gibson Dunn & Crutcher LLP serves as
the Debtors' as special counsel.  Traxi LLC provides crisis
management services to the Debtors.

The U.S. Trustee for Region 3 has appointed seven members to the
official committee of unsecured creditors.  Pepper Hamilton LLP
serves as the Committee's Delaware counsel.

When the Debtors' filed for protection against their creditors,
they listed assets and debts between $100 million to $500 million.


LANDSOURCE COMMUNITIES: Files Amended Schedules of Assets & Debts
-----------------------------------------------------------------
LandSource Communities Development LLC and its debtor-affiliates
delivered to the U.S. Bankruptcy Court for the District of
Delaware an amended copy of LandSource Communities Development,
LLC's schedules of assets and liabilities, disclosing:

A.     Real Property                                      None

B.     Personal Property
B.1    Cash on hand                                       None
B.2    Checking, savings, other financial accounts
          Bank of America                           $6,374,491
          JP Morgan Chase                              104,956
          JP Morgan Chase                                    0
B.3    Security deposits                                  None
B.4    Household goods and furnishings                    None
B.5    Books, pictures, other art objects                 None
B.6    Wearing apparel                                    None
B.7    Furs and jewelry                                   None
B.8    Hobby equipments                                   None
B.9    Interest in insurance policies                     None
B.10   Annuities                                          None
B.11   Interest in an Education IRA                       None
B.12   Interest in pension or profit sharing plans        None
B.13   Stock and interest in businesses                   None
B.14   Interest in partnerships
          100% ownership of LandSource
            Holding Company, LLC                  Undetermined
B.15   Government and corporate bonds                     None
B.16   Accounts Receivable                                None
B.17   Alimony                                            None
B.18   Other Liquidated Debts                             None
B.20   Other Contingent & Unliquidated Claims             None
B.21   Intellectual Property
          Lennar Homes of California, Inc.             Unknown
          LNR NWHL Holdings, Inc.                      Unknown
          LNR Land Partners Sub, LLC                   Unknown
B.22   Patents                                            None
B.23   General intangibles                                None
B.24   Customer lists                                     None
B.25   Vehicles                                           None
B.26   Accessories                                        None
B.27   Aircraft and accessories                           None
B.28   Office equipment, furnishings and supplies         None
B.29   Machinery                                          None
B.30   Inventory                                          None
B.31   Animals                                            None
B.32   Crops                                              None
B.33   Farming equipments                                 None
B.34   Farm supplies                                      None
B.35   Other Personal Property                            None

     TOTAL SCHEDULED ASSETS                         $6,479,448
     =========================================================

C.   Property Claimed as Exempt                           None

D.   Secured Claims
        Barclays Bank - The First Lien Revolver     $9,776,117
        (Facility A) due 2/27/12 was originated on
        2/27/07: $9,552,329 principal and fees
        due on (1) Letters of Credit Outstanding;
        and (2) the underutilized Revolver. This
        debt instrument has a first lien on the
        assets of the Co-Guarantors.
  
        Barclays Bank - Outstanding Letters of     $21,177,446
        Credit under First Lien Revolver           (Contingent)
        (Facility A) due 2/27/12 was originated
        on 2/27/07.  This debt instrument has
        a first lien on the assets of the
        Co-Guarantors.

        Barclays Bank - First Lien Term Loan      $975,551,881
        (Facility B) due 2/27/13 was originated
        on 2/27/07: $959,533,440 principal and
        $16,018,441 of unpaid interest.  This debt
        instrument has a first lien on the assets
        of the Co-Guarantors.

        Barclays Bank - The First Lien Interest    $28,307,303
        Rate SWAP default termination payment
        due 05/08/08: $28,307,303 default
        termination payment and unpaid interest
        of $77,303.  This debt instrument has a
        first lien on the assets of the
        Co-Guarantors.

        Bank of New York - The Second Lien        $249,877,767
        Term Loan due 02/27/14 was originated
        on 2/27/07: $244,000,000 principal
        plus $5,877,767 unpaid interest.  This
        debt instrument has a second lien on
        the assets of the Co-Guarantors .

E.   Unsecured Priority Claims                            None

F.   Unsecured Non-priority Claims
        Lennar Corporation                           1,002,453
        Lennar Homes of California, Inc.               531,395
        Gary H. Hunt Group                               6,666
        Bellinger & Dewolf, LLP                          5,518
        Clifford Change                                    469
        AT&T Mobility                                       93
        Bank of America                           Undetermined
        LNR Land Housing Partners Sub, LLC        Undetermined
        MW Housing Partners III, LP               Undetermined

     TOTAL SCHEDULED LIABILITIES                $1,286,237,109
     =========================================================

                    About LandSource Communities

LandSource Communities Development LLC, which operates in Arizona,
California, Florida, New Jersey, Nevada and Texas, is involved in
the planning and development of master planned communities and
transforming undeveloped land into ready-to-build home sites and
commercial properties.  With the exception of one development
project in Marina del Rey, California, LandSource does not build
homes or commercial properties.

LandSource and 20 of its affiliates filed for chapter 11
bankruptcy protection before the U.S. Bankruptcy Court for the
District of Delaware on June 8, 2008 (Lead Case No. 08-11111).
The Debtors are represented by Marcia Goldstein, Esq., at Weil
Gotshal & Manges in New York, and Mark D. Collins, Esq., at
Richards Layton & Finger in Wilmington, Delaware.  Lazard Freres &
Co. acts as the Debtors' financial advisors, and Kurtzmann Carson
Consultants serves as the Debtors' notice and claims agent.

According to the Troubled Company Reporter on May 22, 2008,
LandSource sought help from its lender consortium to restructure
$1.24 billion of its debt.  LandSource engaged a 100-bank lender
group led by Barclays Capital Inc., which syndicates LandSource's
debt.  LandSource had received a default notice on that debt from
the lender group after it was not able to timely meet its payments
during mid-April.  However, LandSource failed to reach an
agreement with its lenders on a plan to modify and restructure its
debt, forcing it to seek protection from creditors.

The Debtors' exclusive plan filing period expires on Oct. 6, 2008.
(LandSource Bankruptcy News, Issue No. 13;
http://bankrupt.com/newsstand/or 215/945-7000).  


LANDSOURCE COMMUNITIES: Friendswood Development's Schedules
-----------------------------------------------------------                                                                                                                              
LandSource Communities Development LLC and its debtor-affiliates
delivered to the U.S. Bankruptcy Court for the District of
Delaware Friendswood Development Co.'s amended schedules of assets
and liabilities, disclosing:

A.     Real Property
          Friendswood - Houston, Texas              $1,384,149   
                                                                                                     
B.     Personal Property
B.1    Cash on hand                                       None
B.2    Checking, savings, other financial accounts        None
B.3    Security deposits                                  None
B.4    Household goods and furnishings                    None
B.5    Books, pictures, other art objects                 None
B.6    Wearing apparel                                    None
B.9    Interest in insurance policies                     None
B.13   Stock and interest in businesses                   None
B.14   Interest in partnerships                           None
B.15   Government and corporate bonds                     None
B.16   Accounts Receivable                                None
B.18   Other Liquidated Debts                             None
B.20   Other Contingent & Unliquidated Claims             None
B.21   Intellectual Property                              None
B.22   Patents                                            None
B.23   General intangibles                                None
B.24   Customer lists                                     None
B.25   Vehicles                                           None
B.26   Accessories                                        None
B.27   Aircraft and accessories                           None
B.28   Office equipment, furnishings and supplies         None
B.29   Machinery                                          None
B.30   Inventory                                          None
B.35   Other Personal Property
                                                                                                     
     TOTAL SCHEDULED ASSETS                         $1,384,149   
     =========================================================
                                                                                                     
C.   Property Claimed as Exempt                           None

D.   Secured Claims
        Barclays Bank - The First Lien Revolver     $9,776,117
        (Facility A) due 2/27/12 was originated on
        2/27/07: $9,552,329 principal and fees
        due on (1) Letters of Credit Outstanding;
        and (2) the underutilized Revolver. This
        debt instrument has a first lien on the
        assets of the Co-Guarantors.
  
        Barclays Bank - Outstanding Letters of     $21,177,446
        Credit under First Lien Revolver          (Contingent)
        (Facility A) due 2/27/12 was originated
        on 2/27/07.  This debt instrument has
        a first lien on the assets of the
        Co-Guarantors.

        Barclays Bank - First Lien Term Loan      $975,551,881
        (Facility B) due 2/27/13 was originated
        on 2/27/07: $959,533,440 principal and
        $16,018,441 of unpaid interest.  This debt
        instrument has a first lien on the assets
        of the Co-Guarantors.

        Barclays Bank - The First Lien Interest    $28,307,303
        Rate SWAP default termination payment
        due 05/08/08: $28,307,303 default
        termination payment and unpaid interest
        of $77,303.  This debt instrument has a
        first lien on the assets of the
        Co-Guarantors.

        Bank of New York - The Second Lien        $249,877,767
        Term Loan due 02/27/14 was originated
        on 2/27/07: $244,000,000 principal
        plus $5,877,767 unpaid interest.  This
        debt instrument has a second lien on
        the assets of the Co-Guarantors .
                                                                                                     
E.   Unsecured Priority Claims                            None
                                                                                                    
F.   Unsecured Non-priority Claims
        Evenflow Services, LLC                          58,334   
        Scohil Construction Services, LLC.              10,648   
        TCB                                             10,500   
        Humble ISD                                       8,234   
        Lennar (Friendswood)                             1,816   
        Post Oak Publishing, Inc.                        1,428   
        Horizon Environmental Svcs                       1,428   
        Lake Houston Lawn Care, Inc                      1,404   
        KPRC-TV2                                         1,214   
        KKB Creative Consulting                          1,098   
        Houston Chronicle                                  904   
        Scohil Construction Svcs. LLC                      608   
        Minuteman Press                                    547   
        Nowstun LLC                                        531   
        Image Display Systems                              346   
        Zephyr Salvo Communications, Inc                   276
        North American Title Co                             35   
        Gerling America Insurance Co              Undetermined
                                                                                                     
     TOTAL SCHEDULED LIABILITIES                $1,284,787,445   
     =========================================================

The SAL amended the original SAL filed by the Debtor on Sept. 6.

                    About LandSource Communities

LandSource Communities Development LLC, which operates in Arizona,
California, Florida, New Jersey, Nevada and Texas, is involved in
the planning and development of master planned communities and
transforming undeveloped land into ready-to-build home sites and
commercial properties.  With the exception of one development
project in Marina del Rey, California, LandSource does not build
homes or commercial properties.

LandSource and 20 of its affiliates filed for chapter 11
bankruptcy protection before the U.S. Bankruptcy Court for the
District of Delaware on June 8, 2008 (Lead Case No. 08-11111).
The Debtors are represented by Marcia Goldstein, Esq., at Weil
Gotshal & Manges in New York, and Mark D. Collins, Esq., at
Richards Layton & Finger in Wilmington, Delaware.  Lazard Freres &
Co. acts as the Debtors' financial advisors, and Kurtzmann Carson
Consultants serves as the Debtors' notice and claims agent.

According to the Troubled Company Reporter on May 22, 2008,
LandSource sought help from its lender consortium to restructure
$1.24 billion of its debt.  LandSource engaged a 100-bank lender
group led by Barclays Capital Inc., which syndicates LandSource's
debt.  LandSource had received a default notice on that debt from
the lender group after it was not able to timely meet its payments
during mid-April.  However, LandSource failed to reach an
agreement with its lenders on a plan to modify and restructure its
debt, forcing it to seek protection from creditors.

The Debtors' exclusive plan filing period expires on Oct. 6, 2008.
(LandSource Bankruptcy News, Issue No. 13;
http://bankrupt.com/newsstand/or 215/945-7000).  


LANDSOURCE COMMUNITIES: LandSource Holding's Schedules
------------------------------------------------------
LandSource Communities Development LLC and its debtor-affiliates
delivered to the U.S. Bankruptcy Court for the District of
Delaware an amended copy of LandSource Holding Company, LLC's
schedules of assets and liabilities, disclosing:

A.     Real Property
          Blackstone Vill. #4 & 6, El Dorado Hills $42,239,898
          Blackstone Village #1, El Dorado Hills    27,177,810
          Blackstone Village #18, El Dorado Hills   15,343,853
          Harveston - Emery - Danbury, Riverside    15,118,219
          Greenbriar Falls, Monmouth, NJ            14,968,448
          Blackstone Village #7, El Dorado, CA      14,863,598
          Copper Canyon - Group 1, Layton, NV       14,463,451
          Greenbriar @ Cape May, Cape May, NJ       13,229,278
          Palm Ranch - Group 1, Tulare, CA          12,546,922
          Sun City / Sunshine Village, Tampa, FL    12,162,740
          Coachella, Riverside, CA                  12,000,000
          Westlake Village Greens, Sacramento, CA   11,928,694
          Palm Springs Classic, Riverside, CA       11,849,644
          Blackstone Village #5a, El Dorado Hills   11,422,983
          Harveston 1 - Barrington, Riverside, CA    8,260,000
          Mariposa, Contra Cosa, CA                  8,000,000
          Briggs @ Jefferson, Riverside, CA          7,801,549
          Damonte 5 - Village 5, Washoe, NV          5,010,928
          Damonte 5 - Village 4, Washoe, NV          5,991,202
          Lakes by the Bay, Miam-Dade County, FL     5,813,520
          The Gables & Meriwether, Orange, CA        5,416,425
          Damonte 5 - Village 1, Washoe, NV          3,958,998
          Damonte 5 - Village 2, Washoe, NV          3,911,894
          Kings Ridge Golf Course, Clermont, FL      3,849,056
          Rio Del Oro, Yuba, CA                      3,060,869
          Mc Sweeny, Riverside, CA                   2,755,000
          Damonte 5 - Village 3, Washoe, NV          3,553,420
          Pioneer Meadows Village #2, Washoe, NV     2,852,195
          Lincoln Crossings 6C, Placer, CA           2,329,411
          Terravista 112, Maricopa, AZ               1,913,931
          Indian Palms 45's, Riverside, CA           1,193,081
          Indian Palms 50's, Riverside, CA             775,268
          Terravista 1, Maricopa, AZ                   739,999
          Tamaron, Pinal, AZ                           701,548
          Blackstone Village #3,
          El Dorado Hills written in doc as        [16,111.392]

B.     Personal Property
B.1    Cash on hand                                       None
          Petty Cash                                       100
B.2    Checking, savings, other financial accounts
          Bank Atlantic                                331,744
          Executive National Bank                      167,616
          Bank of America                               13,247
          Bank of America                                8,105
B.3    Security deposits                                  None
B.4    Household goods and furnishings                    None
B.6    Wearing apparel                                    None
B.5    Books, pictures, other art objects                 None
B.9    Interest in insurance policies                     None
B.12   Interest in pension or profit sharing plans        None
B.14   Interest in partnerships
          LandSource Communities Development Sub, LLC  Unknown
          Lennar Bressi Ranch Venture, LLC             Unknown
          Lennar Land Partners II                      Unknown
          Lennar Mare Island, LLC                      Unknown
          LNR-Lennar Washington Square, LLC            Unknown
          NWHL GP LLC                                  Unknown
          Southwest Communities Development, LLC       Unknown
          The Newhall Land and Farming Company
          (a California Limited Partnership)           Unknown
B.15   Government and corporate bonds                     None
B.16   Accounts Receivable                                None
          Kings Ridge Community Association             24,900
          Florida Sales Tax Overpayment                  3,738
          Golf Pac                                       2,073
          Golf Zoo                                         405
          Tee Times                                         50
B.18   Other Liquidated Debts
          Purchase Money Promissory Note            20,102,500
          Interest Receivable on Promissory Note       378,982
B.20   Other Contingent & Unliquidated Claims             None
B.21   Intellectual Property
          North American Title Company                 Unknown
          Kings Ridge Community Association            Unknown
B.22   Patents                                            None
B.25   Vehicles                                           None
B.26   Accessories                                        None
B.27   Aircraft and accessories                           None
B.28   Office equipment, furnishings and supplies         None
B.29   Machinery                                          None
          Equipment and Furniture                       50,196
B.30   Inventory                                          None
B.35   Other Personal Property                            None

     TOTAL SCHEDULED ASSETS                       $328,287,508
     =========================================================

C.   Property Claimed as Exempt                           None

D.   Secured Claims
        Barclays Bank - The First Lien Revolver     $9,776,117
        (Facility A) due 2/27/12 was originated on
        2/27/07: $9,552,329 principal and fees
        due on (1) Letters of Credit Outstanding;
        and (2) the underutilized Revolver. This
        debt instrument has a first lien on the
        assets of the Co-Guarantors.

        Barclays Bank - Outstanding Letters of     $21,177,446
        Credit under First Lien Revolver          (Contingent)
        (Facility A) due 2/27/12 was originated
        on 2/27/07.  This debt instrument has
        a first lien on the assets of the
        Co-Guarantors.

        Barclays Bank - First Lien Term Loan      $975,551,881
        (Facility B) due 2/27/13 was originated
        on 2/27/07: $959,533,440 principal and
        $16,018,441 of unpaid interest.  This debt
        instrument has a first lien on the assets
        of the Co-Guarantors.

        Barclays Bank - The First Lien Interest    $28,307,303
        Rate SWAP default termination payment
        due 05/08/08: $28,307,303 default
        termination payment and unpaid interest
        of $77,303.  This debt instrument has a
        first lien on the assets of the
        Co-Guarantors.

        Bank of New York - The Second Lien        $249,877,767
        Term Loan due 02/27/14 was originated
        on 2/27/07: $244,000,000 principal
        plus $5,877,767 unpaid interest.  This
        debt instrument has a second lien on
        the assets of the Co-Guarantors .

        Lakes by the Bay South Community             2,414,305

E.   Unsecured Priority Claims                            None

F.   Unsecured Non-priority Claims
        Icon Constructors, Inc                         482,371
        W. Jackson & Sons Construction Co.             445,987
        Downrite Engineering Corporation               340,785
        LLP W. Jackson & Sons Construction             283,609
        Bennett Grassing & Hay Farms                    34,597
        Kings Ridge Community Assoc., Inc.              25,597
        Ford Engineers, Inc.                            22,876
        Breedlove, Dennis & Associates                  21,795
        LLP Kearney Construction                        17,682
        Blackstone Master Association                   15,700
        LLP Heidt & Associates                          12,500
        The CIT Group                                    9,136
        Breedlove, Dennis & Associates                   8,697
        Bennett Grassing & Hay Farms                     7,895
        Heidt & Associates, Inc.                         7,702
        Lincoln Crossing Community Association           7,130
        Dixie Landscape Co.                              5,263
        Duane Morris                                     5,043
        Baywinds Community Association                   5,224
        Customer Application Services, Inc.              4,500
        Bennett Grassing & Hay Farms                     3,844
        Tamaron Homeowners Association                   3,834
        Lesco Credit Services                            3,836
        Turf Management                                  3,741
        The Orlando Sentinel                             3,264
        RC Dunn Oil Company                              2,838
        Kearney Construction                             2,322
        RBS Asset Finance                                2,111
        WescoTurf Supply, Inc.                           2,068
        Proplus Golf Services, Inc.                      2,031
        LLP Hillsborough Co.                             1,975
        Sumter Electric Cooperative                      1,845
        NFL Greenbriar Landscaping                       1,804
        Environmend                                      1,510
        Developers Resource Group                        1,312
        Home Depot Credit Services                       1,257
        AT&T Advertising & Publishing                      911
        Harrells Fertilizer                                883
        Paradigm Engineering                               880
        Aim Window Cleaning & Janitorial SVC               830
        Lennar Corporation                                 820
        City of Clermont                                   558
        LLP Kearney Construction                           554
        Bercow radell & Fernandez, P.A.                    550
        Breedlove, Dennis & Associates                     495
        G&K Services                                       472
        SPRINT                                             464
        Miami - Dade D.E.R.M                               462
        Booth, Ern, Straughan & Hiott                      300
        Lake County Automotive, Inc.                       341
        Smith Aerial                                       227
        Office Depot                                       119
        Polk, Donald                              Undetermined
        Randall, Howard                           Undetermined
        Santee, Donald                            Undetermined
        State of Florida Dept. of Transportation  Undetermined
        Tampa Palms North Owners Association      Undetermined
        Lennar Reno, LLC                          Undetermined
        Lennar Renaissance, Inc                   Undetermined
        Lennar Homes of California, Inc           Undetermined
        U.S. Home Corporation                     Undetermined
        Lennar Communities Development, Inc.      Undetermined
        Lennar Fresno, Inc.                       Undetermined
        Lennar Communtities, Inc.                 Undetermined
        Lennar Communities of Nevada, LLC         Undetermined
        Briarwood Capital LLC                     Undetermined
        Campbell, William                         Undetermined
        Floyd, Marquette                          Undetermined
        Fowler, Robert                            Undetermined
        Gerling America Insurance Co              Undetermined
        Gordon, Roy                               Undetermined
        Holzman, Seymour                          Undetermined
        Joseph Padron                             Undetermined
        Tirell, Maynard                           Undetermined
        Turf Management                           Undetermined
        Turf Management                           Undetermined
        Others                                           2,298

     TOTAL SCHEDULED LIABILITIES                $1,288,919,685
     =========================================================

                    About LandSource Communities

LandSource Communities Development LLC, which operates in Arizona,
California, Florida, New Jersey, Nevada and Texas, is involved in
the planning and development of master planned communities and
transforming undeveloped land into ready-to-build home sites and
commercial properties.  With the exception of one development
project in Marina del Rey, California, LandSource does not build
homes or commercial properties.

LandSource and 20 of its affiliates filed for chapter 11
bankruptcy protection before the U.S. Bankruptcy Court for the
District of Delaware on June 8, 2008 (Lead Case No. 08-11111).
The Debtors are represented by Marcia Goldstein, Esq., at Weil
Gotshal & Manges in New York, and Mark D. Collins, Esq., at
Richards Layton & Finger in Wilmington, Delaware.  Lazard Freres &
Co. acts as the Debtors' financial advisors, and Kurtzmann Carson
Consultants serves as the Debtors' notice and claims agent.

According to the Troubled Company Reporter on May 22, 2008,
LandSource sought help from its lender consortium to restructure
$1.24 billion of its debt.  LandSource engaged a 100-bank lender
group led by Barclays Capital Inc., which syndicates LandSource's
debt.  LandSource had received a default notice on that debt from
the lender group after it was not able to timely meet its payments
during mid-April.  However, LandSource failed to reach an
agreement with its lenders on a plan to modify and restructure its
debt, forcing it to seek protection from creditors.

The Debtors' exclusive plan filing period expires on Oct. 6, 2008.
(LandSource Bankruptcy News, Issue No. 13;
http://bankrupt.com/newsstand/or 215/945-7000).  


LANDSOURCE COMMUNITIES: Lennar Land Partners II's Schedules
-----------------------------------------------------------
LandSource Communities Development LLC and its debtor-affiliates
delivered to the U.S. Bankruptcy Court for the District of
Delaware Lennar Land Partners II's amended schedules of assets and
liabilities, disclosing:

A.     Real Property                                      None

B.     Personal Property
B.1    Cash on hand                                       None
B.2    Checking, savings, other financial accounts
          Bank of America                           $2,190,186
B.3    Security deposits                                  None
B.4    Household goods and furnishings                    None
B.5    Books, pictures, other art objects                 None
B.6    Wearing apparel                                    None
B.9    Interest in insurance policies                     None
B.13   Stock and interest in businesses                   None
B.14   Interest in partnerships                           None
          Friendswood Development Company, LLC         Unknown
          Kings Wood Development, LC                   Unknown
          Lennar Moorpark, LLC                         Unknown
          Lennar Stevenson Holdings, LLC               Unknown
          LLPII HCC Holdings, LLC                      Unknown
          LLPII Holdings, LLC                          Unknown
          LSC Associates, LLC                          Unknown
          Stevenson Ranch Venture, LLC                 Unknown
          The Estates at Ocean Ridge, LLC              Unknown
B.15   Government and corporate bonds                     None
B.16   Accounts Receivable                                None
B.18   Other Liquidated Debts                             None
B.20   Other Contingent & Unliquidated Claims             None
B.21   Intellectual Property                              None
          Counterclaim against Briarwood Capital       Unknown
B.22   Patents                                            None
B.23   General intangibles                                None
B.24   Customer lists                                     None
B.25   Vehicles                                           None
B.26   Accessories                                        None
B.27   Aircraft and accessories                           None
B.28   Office equipment, furnishings and supplies         None
B.29   Machinery                                          None
B.30   Inventory                                          None
B.35   Other Personal Property

     TOTAL SCHEDULED ASSETS                         $2,190,186
     =========================================================

C.   Property Claimed as Exempt                           None

D.   Secured Claims
        Barclays Bank - The First Lien Revolver     $9,776,117
        (Facility A) due 2/27/12 was originated on
        2/27/07: $9,552,329 principal and fees
        due on (1) Letters of Credit Outstanding;
        and (2) the underutilized Revolver. This
        debt instrument has a first lien on the
        assets of the Co-Guarantors.

        Barclays Bank - Outstanding Letters of     $21,177,446
        Credit under First Lien Revolver          (Contingent)
        (Facility A) due 2/27/12 was originated
        on 2/27/07.  This debt instrument has
        a first lien on the assets of the
        Co-Guarantors.

        Barclays Bank - First Lien Term Loan      $975,551,881
        (Facility B) due 2/27/13 was originated
        on 2/27/07: $959,533,440 principal and
        $16,018,441 of unpaid interest.  This debt
        instrument has a first lien on the assets
        of the Co-Guarantors.

        Barclays Bank - The First Lien Interest    $28,307,303
        Rate SWAP default termination payment
        due 05/08/08: $28,307,303 default
        termination payment and unpaid interest
        of $77,303.  This debt instrument has a
        first lien on the assets of the
        Co-Guarantors.

        Bank of New York - The Second Lien        $249,877,767
        Term Loan due 02/27/14 was originated
        on 2/27/07: $244,000,000 principal
        plus $5,877,767 unpaid interest.  This
        debt instrument has a second lien on
        the assets of the Co-Guarantors .

E.   Unsecured Priority Claims                               0

F.   Unsecured Non-priority Claims
        Golden State Fence Company                         622
        City of Oceanside                                  278
        Palomar Grading & Paving Inc.                      248
        Allen Brothers Construction, Inc                   239
        Valley Pacific Concrete, Inc.                      120
        Harris Fence Company, Inc.                          29
        Briarwood Capital LLC                     Undetermined
        Poe Investment Company, LLC               Undetermined
        Ong, Edward                               Undetermined
        Severo, Sergio M.                         Undetermined

     TOTAL SCHEDULED LIABILITIES                $1,284,690,513
     =========================================================

The SAL amended the original SAL filed by the Debtor on Sept. 6.

                    About LandSource Communities

LandSource Communities Development LLC, which operates in Arizona,
California, Florida, New Jersey, Nevada and Texas, is involved in
the planning and development of master planned communities and
transforming undeveloped land into ready-to-build home sites and
commercial properties.  With the exception of one development
project in Marina del Rey, California, LandSource does not build
homes or commercial properties.

LandSource and 20 of its affiliates filed for chapter 11
bankruptcy protection before the U.S. Bankruptcy Court for the
District of Delaware on June 8, 2008 (Lead Case No. 08-11111).
The Debtors are represented by Marcia Goldstein, Esq., at Weil
Gotshal & Manges in New York, and Mark D. Collins, Esq., at
Richards Layton & Finger in Wilmington, Delaware.  Lazard Freres &
Co. acts as the Debtors' financial advisors, and Kurtzmann Carson
Consultants serves as the Debtors' notice and claims agent.

According to the Troubled Company Reporter on May 22, 2008,
LandSource sought help from its lender consortium to restructure
$1.24 billion of its debt.  LandSource engaged a 100-bank lender
group led by Barclays Capital Inc., which syndicates LandSource's
debt.  LandSource had received a default notice on that debt from
the lender group after it was not able to timely meet its payments
during mid-April.  However, LandSource failed to reach an
agreement with its lenders on a plan to modify and restructure its
debt, forcing it to seek protection from creditors.

The Debtors' exclusive plan filing period expires on Oct. 6, 2008.
(LandSource Bankruptcy News, Issue No. 13;
http://bankrupt.com/newsstand/or 215/945-7000).  


LANDSOURCE COMMUNITIES: Lennar Mare Island LLC's Schedules
-----------------------------------------------------------
LandSource Communities Development LLC and its debtor-affiliates
delivered to the Court to the U.S. Bankruptcy Court an amended
copy of Lennar Mare Island, LLC's schedules of assets and
liabilities, disclosing:

A.     Real Property
          Mare Island - Vallejo, Ca                $65,498,492
          Building Improvements - Vallejo, CA        2,209,607
          Improvements - Vallejo, CA                   282,949

B.     Personal Property
B.1    Cash on hand
          Petty cash                                       500
B.2    Checking, savings, other financial accounts
          California Bank & Trust                    1,042,139
B.3    Security deposits                                  None
B.4    Household goods and furnishings                    None
B.5    Books, pictures, other art objects                 None
B.9    Interest in insurance policies                     None
B.13   Stock and interest in businesses                   None
B.14   Interest in partnerships                           None
B.15   Government and corporate bonds                     None
B.16   Accounts Receivable                                None
B.19   Equitable or future interests                      None
B.20   Other Contingent & Unliquidated Claims             None
B.21   Intellectual Property                              None
B.22   Patents                                            None
B.23   General intangibles                                None
B.24   Customer lists                                     None
B.25   Vehicles                                           None
B.26   Accessories                                        None
B.27   Aircraft and accessories                           None
B.28   Office equipment, furnishings and supplies
          Furniture & equipment                         21,334
          Rental equipment                              19,632
B.29   Machinery
B.30   Inventory                                          None
B.35   Other Personal Property
          Prepaid Insurance - Mare Island, CA          806,385
          Prepaid Property Taxes - Solano County, CA    19,615

     TOTAL SCHEDULED ASSETS                        $69,900,653
     =========================================================

C.   Property Claimed as Exempt                           None

D.   Secured Claims

        Barclays Bank - The First Lien Revolver     $9,776,117
        (Facility A) due 2/27/12 was originated on
        2/27/07: $9,552,329 principal and fees
        due on (1) Letters of Credit Outstanding;
        and (2) the underutilized Revolver. This
        debt instrument has a first lien on the
        assets of the Co-Guarantors.
  
        Barclays Bank - Outstanding Letters of     $21,177,446
        Credit under First Lien Revolver           (Contingent)
        (Facility A) due 2/27/12 was originated
        on 2/27/07.  This debt instrument has
        a first lien on the assets of the
        Co-Guarantors.

        Barclays Bank - First Lien Term Loan      $975,551,881
        (Facility B) due 2/27/13 was originated
        on 2/27/07: $959,533,440 principal and
        $16,018,441 of unpaid interest.  This debt
        instrument has a first lien on the assets
        of the Co-Guarantors.

        Barclays Bank - The First Lien Interest    $28,307,303
        Rate SWAP default termination payment
        due 05/08/08: $28,307,303 default
        termination payment and unpaid interest
        of $77,303.  This debt instrument has a
        first lien on the assets of the
        Co-Guarantors.

        Bank of New York - The Second Lien        $249,877,767
        Term Loan due 02/27/14 was originated
        on 2/27/07: $244,000,000 principal
        plus $5,877,767 unpaid interest.  This
        debt instrument has a second lien on
        the assets of the Co-Guarantors .

        Bay Cities Paving and Gravel              Unliquidated
        Bigham Taylor Roofing                     Unliquidated
        CH2M Hill, Inc.                           Unliquidated
        Chaudary & Associates, Inc.               Unliquidated
        D.A. Pope Inc.                            Unliquidated
        Desilva Gates Construction                Unliquidated
        East Bay Construction                     Unliquidated
        Engeo, Inc.                               Unliquidated
        Ghilotti Construction                     Unliquidated
        North Bay Construction                    Unliquidated
        Pacific States Environmental              Unliquidated
        Park West Landscape, Inc.                 Unliquidated
        Rainbow Waterproffing                     Unliquidated
        Smith Dimension Construction              Unliquidated

E.   Unsecured Priority Claims                            None

F.   Unsecured Non-priority Claims
        City of Vallejo                                552,315
        Pacific States Environmental                   366,655
        North Bay Construction Inc                     190,327
        Lennar Communities NCU                         174,461
        East Bay Construction Company                  152,577
        Ghilotti Construction                          152,430
        Rainbow Waterproofing & Restoration            147,453
        Morrison & Foerster, LLP                       141,069
        Desilva Gates Construction                     124,540
        Smith Denison Construction Co                  120,164
        Chaudhary & Associates, Inc.                    97,025
        Ware Malcomb                                    72,996
        Bigham Taylor Roofing Corp                      65,976
        Esco Marine, Inc.                               50,000
        Island Energy                                   44,294
        CB Richard Ellis, Inc.                          42,548
        Wine Central LLC                                37,637
        Universal Protection Service                    37,562
        CH2M Hill Constructors Dept                     35,210
        Paul Hastings Janofsky, & Walke                 34,769
        Alamillo Rebar, Inc.                            33,766
        Park West Landscaping, Inc.                     29,608
        Western Dovetail                                25,000
        Bill Neads                                      25,000
        Carpenter Group                                 25,000
        Cagwin & Dorward Landscape                      23,403
        Treadwell & Rollo                               20,677
        C. S. Marine Constructors, Inc.                 19,200
        Storage Mobility of CA, LLC                     17,500
        Matrix HG Inc                                   16,953
        Cooper Crane & Rigging                          16,000
        Globalcrete LLC                                 15,600
        Roofing Supply Group, Inc.                      15,000
        Kennedy-Wilson SF Corp                          14,041
        Keadjian Associates                             13,500
        Klamath Boat, LLC                               11,618
        J V Lucas Paving Inc.                           10,750
        BDE Architecture (Berge, Detmer, Ennis)         10,416
        C. B. Richard Ellis, Inc.                       10,000
        Performance Contracting, Inc.                   10,000
        Mark R. Nelson                                  10,000
        Cable Moore, Inc.                               10,000
        Marjorie L. Brown                               10,000
        Syar Industry                                   10,000
        North Bay Janitorial Services, Inc.              9,433
        Steiny & Company                                 9,265
        Granberg International, Inc.                     8,200
        Novo Construction                                8,114
        A Plus Tree Service                              8,038
        Battlebots, Inc.                                 8,000
        Six Flags Marine World                           7,500
        Cox, Castle & Nicholson, LLP                     7,389
        EP Architectural Builders, Inc.                  7,044
        Arcmatic Automated Welding System                7,000
        Expertees                                        7,000
        Orantes Architectural Metals. Inc                7,000
        Triton Truck Repair                              6,800
        C.R. Fireline, Inc.                              6,725
        Sonrise Consolidated, Inc.                       6,275
        Eldon T. Peterson                                6,173
        Tony Pennisi                                     6,000
        Valley Floor Company                             5,838
        Nextel of California, Inc.                       5,500
        McCovey's                                        5,000
        Timothy Rose Artist                              5,000
        Hal Pierce Electric Company, Inc.                5,000
        Matteri Electric                                 4,959
        Industrial Field Labor                           4,681
        Lucas Demolition, Inc                            4,319
        Pacific Bell Wireless                            4,000
        Newmeyer & Dillion, LLP                          3,518
        Cooper Crane & Rigging                           3,100
        Home Depot                                       3,000
        Magnolia Hospitality Group, Inc.                 3,000
        Packaging Arts                                   4,500
        Red Barn Productions                             4,000
        Shining Star Children's House, Inc.              4,000
        Vigilante Insurance Company et al         Undetermined
        Others                                          73,142
                                                              
     TOTAL SCHEDULED LIABILITIES                $1,288,002,080
     =========================================================

                    About LandSource Communities

LandSource Communities Development LLC, which operates in Arizona,
California, Florida, New Jersey, Nevada and Texas, is involved in
the planning and development of master planned communities and
transforming undeveloped land into ready-to-build home sites and
commercial properties.  With the exception of one development
project in Marina del Rey, California, LandSource does not build
homes or commercial properties.

LandSource and 20 of its affiliates filed for chapter 11
bankruptcy protection before the U.S. Bankruptcy Court for the
District of Delaware on June 8, 2008 (Lead Case No. 08-11111).
The Debtors are represented by Marcia Goldstein, Esq., at Weil
Gotshal & Manges in New York, and Mark D. Collins, Esq., at
Richards Layton & Finger in Wilmington, Delaware.  Lazard Freres &
Co. acts as the Debtors' financial advisors, and Kurtzmann Carson
Consultants serves as the Debtors' notice and claims agent.

According to the Troubled Company Reporter on May 22, 2008,
LandSource sought help from its lender consortium to restructure
$1.24 billion of its debt.  LandSource engaged a 100-bank lender
group led by Barclays Capital Inc., which syndicates LandSource's
debt.  LandSource had received a default notice on that debt from
the lender group after it was not able to timely meet its payments
during mid-April.  However, LandSource failed to reach an
agreement with its lenders on a plan to modify and restructure its
debt, forcing it to seek protection from creditors.

The Debtors' exclusive plan filing period expires on Oct. 6, 2008.
(LandSource Bankruptcy News, Issue No. 13;
http://bankrupt.com/newsstand/or 215/945-7000).  


LANDSOURCE COMMUNITIES: Lennar Washington Square's Schedules
------------------------------------------------------------
LandSource Communities Development LLC and its debtor-affiliates  
delivered to the U.S. Bankruptcy Court for the District of
Delaware an amended copy of LNR-Lennar Washington Square, LLC's
schedules of assets and liabilities, disclosing:

A.     Real Property
          Washington Square Los Angeles, CA        $79,687,732

B.     Personal Property
B.1    Cash on hand                                       None
B.2    Checking, savings, other financial accounts
          Bank of America                               31,421
B.3    Security deposits
          The Gas Company                                2,319
          LA Dept. of Water Works & Power                1,380
B.4    Household goods and furnishings                    None
B.5    Books, pictures, other art objects                 None
B.6    Wearing apparel                                    None
B.9    Interest in insurance policies                     None
B.12   Interest in pension or profit sharing plans        None
B.13   Stock and interest in businesses                   None
B.14   Interest in partnerships                           None
B.15   Government and corporate bonds                     None
B.16   Accounts Receivable                                None
B.18   Other Liquidated Debts                             None
B.20   Other Contingent & Unliquidated Claims             None
B.21   Intellectual Property                              None
B.22   Patents                                            None
B.25   Vehicles                                           None
B.27   Aircraft and accessories                           None
B.28   Office equipment, furnishings and supplies         None
B.29   Machinery                                          None
B.30   Inventory                                          None
B.35   Other Personal Property
          Prepaid Property Taxes - Los Angeles, CA      27,952
          Prepaid Property Taxes - Solano County, CA    27,952
          Prepaid Insurance - Los Angeles, CA          810,806

     TOTAL SCHEDULED ASSETS                        $80,589,562
     =========================================================

C.   Property Claimed as Exempt                          None

D.   Secured Claims

        Barclays Bank - The First Lien Revolver    $9,776,117
        (Facility A) due 2/27/12 was originated on
        2/27/07: $9,552,329 principal and fees
        due on (1) Letters of Credit Outstanding;
        and (2) the underutilized Revolver. This
        debt instrument has a first lien on the
        assets of the Co-Guarantors.
  
        Barclays Bank - Outstanding Letters of    $21,177,446
        Credit under First Lien Revolver          (Contingent)
        (Facility A) due 2/27/12 was originated
        on 2/27/07.  This debt instrument has
        a first lien on the assets of the
        Co-Guarantors.

        Barclays Bank - First Lien Term Loan     $975,551,881
        (Facility B) due 2/27/13 was originated
        on 2/27/07: $959,533,440 principal and
        $16,018,441 of unpaid interest.  This debt
        instrument has a first lien on the assets
        of the Co-Guarantors.

        Barclays Bank - The First Lien Interest   $28,307,303
        Rate SWAP default termination payment
        due 05/08/08: $28,307,303 default
        termination payment and unpaid interest
        of $77,303.  This debt instrument has a
        first lien on the assets of the
        Co-Guarantors.

        Bank of New York - The Second Lien       $249,877,767
        Term Loan due 02/27/14 was originated
        on 2/27/07: $244,000,000 principal
        plus $5,877,767 unpaid interest.  This
        debt instrument has a second lien on
        the assets of the Co-Guarantors .


        Dynamic Plumbing Commercial, Inc.         Unliquidated
        Helix Electronic, Inc.                    Unliquidated
        Southern Sun Construction Co. Inc.        Unliquidated
        Williams Mechanical, Inc.                 Unliquidated

E.   Unsecured Priority Claims                            None

F.   Unsecured Non-priority Claims
        City of Vallejo                                552,364
        Pacific States Environmental                   366,655
        North Bay Construction Inc                     190,327
        Lennar Homes of California, Inc.               174,461
        East Bay Construction Company                  152,577
        Ghilotti Construction                          152,430
        Rainbow Waterproofing & Restoration            147,453
        Morrison & Foerster, LLP                       141,069
        Desilva Gates Construction                     124,540
        Smith Denison Construction Co                  120,164
        Chaudhary & Associates, Inc.                    97,025
        Ware Malcomb                                    72,996
        Bigham Taylor Roofing Corp                      65,976
        Esco Marine, Inc.                               50,000
        Island Energy                                   44,294
        CB Richard Ellis, Inc.                          42,548
        Universal Protection Service                    37,562
        Wine Central LLC                                37,637
        CH2M Hill Constructors                          35,210
        Paul Hastings Janofsky, & Walke                 34,769
        Alamillo Rebar, Inc.                            33,766
        Park West Landscaping, Inc.                     29,608
        Western Dovetail                                26,500
        Bill Neads                                      25,000
        Carpenter Group                                 25,000
        Cagwin & Dorward Landscape                      23,403
        Treadwell & Rollo                               20,677
        C. S. Marine Constructors, Inc.                 19,200
        Cooper Crane & Rigging                          19,100
        Storage Mobility of CA, LLC                     17,500
        Matrix HG Inc                                   16,953
        Globalcrete LLC                                 15,600
        Roofing Supply Group, Inc.                      15,000
        Kennedy-Wilson SF Corp                          14,041
        Keadjian Associates                             13,500
        Performance Contracting, Inc.                   12,386
        Klamath Boat, LLC                               11,618
        J V Lucas Paving Inc.                           10,750
        BDE Architecture (Berge, Detmer, Ennis)         10,416
        C. B. Richard Ellis, Inc.                       10,000
        Syar Industry                                   10,000
        Cable Moore, Inc.                               10,000
        Marjorie L. Brown                               10,000
        Mark R. Nelson                                  10,000
        North Bay Janitorial Services, Inc.              9,433
        Steiny & Company                                 9,265
        A Plus Tree Service                              8,952
        Granberg International, Inc.                     8,200
        Novo Construction                                8,114
        Battlebots, Inc.                                 8,000
        Expertees                                        7,000
        Six Flags Marine World                           7,500
        Cox, Castle & Nicholson, LLP                     7,389
        EP Architectural Builders, Inc.                  7,044
        Arcmatic Automated Welding System                7,000
        Orantes Architectural Metals. Inc                7,000
        Triton Truck Repair                              6,800
        C.R. Fireline, Inc.                              6,725
        Sonrise Consolidated, Inc.                       6,275
        Tony Pennisi                                     6,000
        Eldon T. Peterson, dba                           6,173
        Valley Floor Company                             5,838
        Nextel of California, Inc.                       5,500
        Timothy Rose Artist                              5,000
        Hal Pierce Electric Company, Inc.                5,000
        McCovey's                                        5,000
        Matteri Electric                                 4,959
        Industrial Field Labor                           4,681
        Packaging Arts                                   4,500
        Lucas Demolition, Inc                            4,319
        Red Barn Productions                             4,000
        Shining Star Children's House, Inc.              4,000
        Pacific Bell Wireless                            4,000
        Newmeyer & Dillion, LLP                          3,518
        ENGEO Incorporated                               3,304
        AFLAC                                            3,000
        Magnolia Hospitality Group, Inc.                 3,000
        Home Depot                                       3,000
        Miam LLC                                         2,700
        Tri-City Fence Company, Inc.                     2,630
        Chateau Electric                                 2,551
        Advance Construction                             2,550
        Pro Steel Erectors, Inc.                         2,500
        City of Pittsburg                                2,250
        Ferguson Group, LLC                              2,178
        Hanford ARC                                      2,175
        Vallejo Garbage Company                          2,039
        Pacific Blue Traders, Inc.                       2,000
        Bernard Bedeur                                   2,000
        Praxis Associates                                2,000
        Patrick & Dana Vande Weg                         2,000
        Lords Fellowship Center                          2,000
        Cerberus & Company                               1,900
        Vallejo Sanitation & Flood Control               1,716
        A J Supply, LLC                                  1,500
        National Association of USS LCS(L) 1-130         1,500
        Lucas, Austin and Alexander LLC                  1,500
        DL Equipment Company, Inc.                       1,500
        Matrix, Inc.                                     1,216
        Alco Iron & Metal Co.                            1,112
        Cole Supply Co., Inc.                            1,036
        Ramcon Co., Inc.                                 1,004
        Desal LLC                                        1,000
        Jerry Carter                                     1,000
        Jacqueline Barsotti                              1,000
        Stone Veneer by McIntyre Manufacturing           1,000
        Hastings, Walter Andrew                   Undetermined
        Vigilante Insurance Company et al         Undetermined
        Others                                          12,428
        
     TOTAL SCHEDULED LIABILITIES                $1,288,002,080
     =========================================================

                    About LandSource Communities

LandSource Communities Development LLC, which operates in Arizona,
California, Florida, New Jersey, Nevada and Texas, is involved in
the planning and development of master planned communities and
transforming undeveloped land into ready-to-build home sites and
commercial properties.  With the exception of one development
project in Marina del Rey, California, LandSource does not build
homes or commercial properties.

LandSource and 20 of its affiliates filed for chapter 11
bankruptcy protection before the U.S. Bankruptcy Court for the
District of Delaware on June 8, 2008 (Lead Case No. 08-11111).
The Debtors are represented by Marcia Goldstein, Esq., at Weil
Gotshal & Manges in New York, and Mark D. Collins, Esq., at
Richards Layton & Finger in Wilmington, Delaware.  Lazard Freres &
Co. acts as the Debtors' financial advisors, and Kurtzmann Carson
Consultants serves as the Debtors' notice and claims agent.

According to the Troubled Company Reporter on May 22, 2008,
LandSource sought help from its lender consortium to restructure
$1.24 billion of its debt.  LandSource engaged a 100-bank lender
group led by Barclays Capital Inc., which syndicates LandSource's
debt.  LandSource had received a default notice on that debt from
the lender group after it was not able to timely meet its payments
during mid-April.  However, LandSource failed to reach an
agreement with its lenders on a plan to modify and restructure its
debt, forcing it to seek protection from creditors.

The Debtors' exclusive plan filing period expires on Oct. 6, 2008.
(LandSource Bankruptcy News, Issue No. 13;
http://bankrupt.com/newsstand/or 215/945-7000).  


LANDSOURCE COMMUNITIES: Newhall (California)'s Schedules
--------------------------------------------------------
LandSource Communities Development LLC and its debtor-affiliates
delivered to the U.S. Bankruptcy Court for the District of
Delaware an amended copy of The Newhall Land and Farming Company
(A California Limited Partnership)'s schedules of assets and
liabilities, disclosing:

A.     Real Property
          Newhall Ranch, Homestead                $218,780,433
          Newhall Ranch, Potrero Valley            144,098,230
          Newhall Ranch, Mission Village           104,371,389
          Newhall Ranch, Landmark Village           83,588,762
          Valencia, Entrada                         70,458,539
          Valencia, RiverVillage                    47,355,886
          Valencia, West Hills A                    43,923,206
          Valencia, Villa Metro                     17,408,989
          Newhall Orchard                           16,662,867
          Valencia Commerce Center                  16,328,571
          PM 13331 (Old Road)                        6,544,806
          Infrastructure, net - unallocated          6,510,711
          Dry Land Grazing                           1,600,145
          Old Home Finding Center- Old Info Center   1,157,610
          Valencia, Castaic Mesa                     4,449,246
          Dry Land Grazing                           3,733,673
          Valencia, Castaic Acreage                  2,095,428
          Valencia, Camino Viejo                       471,301
          Castaic Teardrop                             238,117
          Valencia, Wiley                              142,870
          Irrigation Pipeline                          136,058
          Wells                                         98,544
          Transit Center                                93,552
          Surface Irrigation Pipe                       61,328
          Wells                                         37,312
          Irrigation Pipeline                           32,015
          Orange Trees                                  26,304
          Lemon Trees                                   24,672
          Well Pumps & Motors                            6,235
          Surface Irrigation Pipe                        4,740
          Well Pumps & Motors                            5,347
          Edison Easements                                   0

B.     Personal Property
B.1    Cash on hand
          Petty cash                                     1,529
B.2    Checking, savings, other financial accounts
          Bank of America                            1,642,575
          Wells Fargo Advantage Funds                  198,161
          Citibank                                       9,645
          Wells Fargo Bank                                   4
          JP Morgan Chase                                    0
B.3    Security deposits
          LA Dept. of Public Works                   3,500,000
          Southern California Edison                   116,500
          Federal Express                                  600
B.4    Household goods and furnishings                    None
B.5    Books, pictures, other art objects                 None
B.6    Wearing apparel                                    None
B.7    Furs and jewelry                                   None
B.8    Hobby equipments                                   None
B.9    Interest in insurance policies
          Allied World Assurance                             0
          Axis Surplus Insurance                             0
          Essex Insurance Co.                                0
          Federal Insurance Co.                              0
          Hartford Casualty Insurance                        0
          Insurance Co of State of PA                        0
          Landmark American Insurance                        0
          Lantana Insurance Ltd                              0
          Lloyds of London                                   0
          National Union Fire Insurance                      0
          Praetorian Insurance                               0
          San Felipe Indemnity Co Ltd                        0
          Travelers Indemnity Co.                            0
B.13   Stock and interest in businesses
          The Newhall Land and Farming Company         Unknown
          Valencia Realty Company                      Unknown
          Valencia Water Company                       Unknown
          Valencia Corporation                         Unknown
B.14   Interest in partnerships
          Tournament Players Club at Valencia, LLC   2,400,289
B.15   Government and corporate bonds                     None
B.16   Accounts Receivable
          Tournament Players Club at Valencia, LLC   1,955,281
          Lennar Homes of California (Urban Reg.)    1,093,368
          Valencia Commerce Center Assoc.              619,760
          California Dept of Transportation            163,472
          Lennar Homes of California (LA Ventura  
            Homebuild Division)                        309,506
          Stevenson Ranch Venture, LLC                  55,308
          LA County Department of Public Works          40,300
          Lennar Homes of California (Southern
          CA Urban Division)                            23,697
          Lennar Communities, Inc. (LA Land
            Division)                                   20,812
          SCV Automobile Dealer's Association           20,412
          Ashdon Development                            11,334
          Boskovich Farms                               15,068
          Saticoy                                        9,281
          BBB Industries                                 6,660
          Lennar Homes of California (Bay Area
            Division)                                    6,230
          Lennar Corporation                             2,037
          Chiquita Canyon Landfill                       5,032
          Taylor & Borruel I, LLC                        3,008
          Lennar Corporation (Los Angeles Benefits)      2,846
          USA Ag Supplies                                1,018
          Deardorff-Jackson                              1,711
          Valley Crest                                     998
          Lennar Homes of California (Bakersfield
            Homebuild Division)                            519
          Valley Sod Farms                                 421
          Lennar Homes of California  
            (Northern Urban Division)                      389
          Underwood Ranches                                172
          Francisco Moreno                                  11
B.18   Other Liquidated Debts
         Sterling Gateway, L.P.                        412,930
         County of Los Angeles                          54,701
         Cal Fran Engineering                            2,389
         OCB Reprographics                                 885
         United Imaging Inc                                106
B.20   Other Contingent & Unliquidated Claims             None
B.21   Intellectual Property
          County of Los Angeles - Property
            Tax Refund                                 Unknown
          Landmark Insurance - Settlement for
            2007 fire damage                           Unknown
          Landmark Insurance - Settlement for
            2005 fire damage                           Unknown
B.22   Patents
          See http://ResearchArchives.com/t/s?31cf    Unknown
B.23   General intangibles
          California Contractors License # 878388      Unknown
B.24   Customer lists                                     None
B.25   Vehicles
          Ford F150, 4WD                                18,563
          Ford Ranger, 4WD                              15,497
          Ford Ranger, 4WD                              14,761
          Ford Ranger, 4WD                              14,618
          Ford Ranger, 2WD                              12,344
          Ford Ranger, Ext                              11,048
          Ford F150, 2WD                                 9,065
          Ford Ranger, 4WD                               5,744
          Ford Explorer                                  3,683
          Ford F250                                      2,806
          Ford 150                                       2,523
          Big Tex Trailer                                    0
          Chevrolet Suburban                                 0
          Chevrolet Tahoe                                    0
          Ford Explorer                                      0
          Ford Explorer XL                                   0
          Ford 150 4x4                                       0
          Ford F450                                          0
          Ford Ranger                                        0
          Ford Ranger 4x4                                    0
          Ford Ranger XL 4                                   0
          Ford Water Truck                                   0
          GMC Dump Truck                                     0
          Hillsboro Gooseneck Flatbed Trailer                0
          International Flat Bed Truck                       0
          Miller FB Trailer                                  0
          Office Trailer                                     0
          Ramik Hose Trailer                                 0
          Ramik Hose Trailer                                 0
          Texas Bragg Utility Trailer                        0
          Trailer, Construction                              0
          Utility Trailer                                    0
          Western World 7x18 Rancher Trailer                 0
B.34   Farm supplies                                      None
B.35   Other Personal Property
          Newhall Ranch Water Rights                13,324,752
          Approved Credits in Valencia Bridge &
            Thoroughfare District                   10,067,149
          Unapproved Credits in Valencia Bridge &
          Thoroughfare District                      4,527,433
          Prepaid Insurance                          1,161,003
          Residential Fire Fees                      1,311,541
          Approved Credits in Bouquet Bridge &
            Thoroughfare District                    1,044,950
          Prepaid Expenses - Western Golf              300,000
          Prepaid Benefits                             127,639
          Approved Credits in Transit District         195,000
          Prepaid Permit/Plan Check Fees                81,964
          Prepaid Bond Premiums                         53,230
          Prepaid Maintenance Contracts &
            Subscriptions                               45,255
          Prepaid So. California Edison Prop
            License Fee                                 22,316
          Prepaid Postage                               14,489
          Prepaid Rent                                  18,483
          Prepaid Vehicle Maintenance Service            4,011
          Mineral Rights                               Unknown

     TOTAL SCHEDULED ASSETS                       $837,305,545
     =========================================================
                                      
C.   Property Claimed as Exempt                           None

D.   Secured Claims
        Barclays Bank - The First Lien Revolver     $9,776,117
        (Facility A) due 2/27/12 was originated on
        2/27/07: $9,552,329 principal and fees
        due on (1) Letters of Credit Outstanding;
        and (2) the underutilized Revolver. This
        debt instrument has a first lien on the
        assets of the Co-Guarantors.
  
        Barclays Bank - Outstanding Letters of     $21,177,446
        Credit under First Lien Revolver          (Contingent)
        (Facility A) due 2/27/12 was originated
        on 2/27/07.  This debt instrument has
        a first lien on the assets of the
        Co-Guarantors.

        Barclays Bank - First Lien Term Loan      $975,551,881
        (Facility B) due 2/27/13 was originated
        on 2/27/07: $959,533,440 principal and
        $16,018,441 of unpaid interest.  This debt
        instrument has a first lien on the assets
        of the Co-Guarantors.

        Barclays Bank - The First Lien Interest    $28,307,303
        Rate SWAP default termination payment
        due 05/08/08: $28,307,303 default
        termination payment and unpaid interest
        of $77,303.  This debt instrument has a
        first lien on the assets of the
        Co-Guarantors.

        Bank of New York - The Second Lien        $249,877,767
        Term Loan due 02/27/14 was originated
        on 2/27/07: $244,000,000 principal
        plus $5,877,767 unpaid interest.  This
        debt instrument has a second lien on
        the assets of the Co-Guarantors.

        Altfillisch Contractors Inc                  2,189,864
        Canawill, Inc                                1,466,137
        Ward Corporation                             1,374,495
        John Burgeson Contractors I                  1,317,668
        Park West Landscape, Inc                     1,245,032
        RC Becker and Son, Inc                       1,235,495
        Hunsaker and Associates                      1,039,050
        Psomas                                       1,007,373
        Sam Hill & Sons, Inc                           989,080
        Oakridge Landscape Inc                         871,903
        Others                                         716,414
        R&R Pipeline                                   629,475
        Pacific Advanced Civil Engineering             471,946
        Granite Construction Company                   405,013
        American Heritage Landscape LP                 393,908
        Independent Construction Co                    378,298
        CA Rasmussen Inc                               244,553
        The Jasper Companies, Inc                      242,046
        Golden Eagle Construction Corp.                202,922
        E Rosen Construction Inc                       193,849
        Golden State Fence Company                     138,381
        URS Corporation                                137,005
        Holliday Rock Co Inc                           120,008
        Nature-Gro Corporation                         152,844
        Valley Crest Tree Company                      102,946
        S&S Seeds                                       74,913
        Royal Capital Trading                           61,073
        Valley Crest Tree Company                        9,576

E.   Unsecured Priority Claims
        Employee # 1135                                154,758
        Employee # 1077                                114,483
        Employee # 1085                                106,735
        Redacted                                       100,000
        Employee # 1230                                 96,565
        Employee # 1066                                 90,448
        Employee # 1142                                 81,688
        Employee # 1102                                 79,408
        Employee # 1224                                 78,825
        Employee # 1164                                 76,736
        Employee # 1106                                 76,562
        Employee # 1115                                 75,412
        Employee # 1146                                 56,448
        Employee # 1073                                 54,068
        Employee # 1072                                 52,954
        Employee # 1067                                 49,555
        Employee # 1075                                 47,244
        Employee # 1165                                 46,585
        Employee # 1083                                 40,153
        Employee # 1384                                 40,084
        Employee # 1024                                 36,689
        Employee # 1091                                 34,580
        Employee # 1144                                 33,331
        Employee # 1120                                 31,317
        Employee # 1006                                 25,873
        Employee # 1055                                 25,789
        Employee # 1010                                 25,592
        Employee # 1392                                 25,470
        Employee # 1022                                 24,582
        Employee # 1030                                 22,710
        Employee # 1393                                 22,070
        Employee # 1435                                 21,516
        Employee # 1429                                 21,385
        Employee # 1149                                 18,846
        Employee # 1027                                 17,657
        Employee # 1033                                 16,282
        Employee # 1220                                 15,314
        Employee # 103678                               14,311
        Employee # 1047                                 13,979
        Employee # 1436                                 12,509
        Employee # 1453                                 11,869
        Employee # 1095                           Undetermined
        Employee # 162400                         Undetermined
        Others                                          40,869

F.   Unsecured Non-priority Claims
        Altfillisch Contractors Inc                  2,094,158
        Oakridge Landscape, Inc                      1,138,967
        Sam Hill & Sons Inc                            961,250
        Hunsaker & Associates                          913,926
        Psomas & Associates                            897,646
        RC Becker & Son, Inc                           772,731
        City Of Santa Clarita                          750,000
        CH2M Hill, Inc                                 710,062
        R&R Pipeline, Inc                              648,898
        RT Frankian & Associates                       588,078
        John Burgeson Contractors, Inc                 522,380
        Park West Landscape Inc                        498,024
        Dudek & Associates Inc                         481,150
        Pacific Advanced Civil Engineering             443,187
        Granite Construction                           405,186
        Allan E. Seward Engineering Geology, Inc       396,979
        Lennar Homes Of California (Urban Regional)    386,299
        Independent Construction Company               378,297
        American Heritage Landscape LP                 376,034
        Oberg Contracting Corp                         354,757
        CF Engineering                                 320,203
        HRP Studio                                     278,380
        CA Rasmussen Inc                               240,997
        New Turf Construction Inc                      249,781
        Golden Eagle Construction                      196,834
        The Jasper Companies Inc                       194,947
        Ward Corporation                               191,215
        The Collaborative West, Inc                    188,666
        LNR CPI Valencia Town Center Office LLC        183,466
        E. Rosen Construction Inc                      179,782
        Los Angeles County                             173,626
        Downey Brand LLP                               171,654
        County Sanitation Districts Of
          Los Angeles County Sanitation                170,656
        Bakersfield Well & Pump Company                163,834
        CSI Electrical Contractors Inc                 163,043
        Lennar Homes Of California (Southern
          CA Urban Division)                           158,998
        Nature-Gro                                     137,842
        URS Corp                                       137,005
        Valley Crest Tree Company                      131,517
        T&D Electric                                   118,862
        Philip Williams & Associates, Ltd              115,553
        The Masonry Group Calif Central Inc            110,464
        Impact Sciences Inc                            108,504
        DMJ&M & Harris Inc                             105,882
        Camarillo Engineering                          105,105
        William Hezmalhalch Architects, Inc             99,573
        Santa Clarita Concrete                          91,221
        Golden State Fence Co                           87,963
        Alliance Land Planning & Engineering, Inc       87,211
        Gatzke, Dillon & Balance                        86,535
        RM Construction                                 85,586
        Environ International Corporation               84,437
        HPS Mechanical                                  83,647
        Barbour                                         80,000
        Steiny & Company                                77,302
        Goodwin Procter LLP                             77,122
        Berco Oil Company                               75,151
        Dexter Wilson Engineering                       71,967
        RMC Inc                                         67,913
        Metropointe Engineers Inc                       65,198
        Leighton And Associates, Inc                    64,120
        Engeo Incorporated                              60,442
        Nossaman, Gunther, Knox & Elliott, LLP          56,850
        Sierra Cascade Construction Inc                 57,342
        Continental Grading Company                     54,824
        Colombo Construction Company                    54,616
        Classic Iron Craft                              54,351
        Edwards General Engineering Inc                 53,618
        Fence Factory                                   51,642
        Austin Foust Associates, Inc                    51,587
        Sikand Engineering Associates                   49,404
        Paul, Hastings, Janofsky & Walker LLP           51,918
        Hanes & Associates Inc                          50,900
        Western Farm Service, Inc                       49,886
        Geosyntec Consultants                           49,702
        Southern California Edison                      48,241
        Entrix, Inc                                     46,634
        Willdan                                         44,140
        Valencia Water Company                          41,526
        AT&T                                            41,478
        The Planning Center                             35,929
        Golden West K-9 Inc                             39,586
        Total Site Maintenance                          39,536
        Caterpillar Financial Services                  37,746
        Sheppard Mullin Richter & Hampton LLP           37,323
        Trademark Concrete Systems Inc                  35,990
        T.Y. Lin International                          34,131
        Evans & Sons Inc                                33,888
        Weston Mason Marketing                          33,872
        Blackwell Construction Inc                      33,752
        Valleycrest Landscape Development Inc           33,104
        Loeb & Loeb                                     32,666
        R&R Palacios Construction Inc                   31,231
        HRP Landesign                                   31,176
        The MWW Group                                   30,299
        Orrick, Herrington & Sutcliffe, LLP             30,145
        Flsmidth Rahco Inc                              29,500
        Pinnacle Land Surveying                         29,091
        Pacific Coast Civil Inc                         28,178
        Reh Contracting Company Inc                     26,663
        Architects Orange                               25,951
        PKF Consulting Inc                              24,726
        Laer Pearce And Associates                      24,336
        David George & Associates Inc                   23,929
        Poliquin Kellogg Design Group                   23,845
        Los Angeles Times                               22,868
        Nickel Family, Llc                              21,980
        Homebuyers Guide                                21,705
        B&W Pipeline, Inc                               20,800
        BJ Palmer & Associates                          21,351
        GSI Water Solutions Inc                         19,648
        Zimmerman Group Inc                             19,380
        Richard Johnson & Associates                    18,690
        Irell & Manella LLP                             18,424
        Newhall School District                         17,824
        Tom Hoch Interior Designs Inc                   17,816
        Henkels & McCoy, Inc                            16,500
        Heritage Landscape, Inc                         16,461
        Gibbs And Associates                            16,333
        Deloitte & Touche Llp                           15,500
        Sterndahl Enterprises, Inc                      15,227
        Cox, Castle & Nicholson                         14,361
        Britz Fertilizers, Inc                          12,839
        Compliance Biology                              12,686
        CBS Outdoor                                     12,587
        Penfield & Smith                                12,240
        Bloom Biological Inc                            10,223
        Flotek, Inc                                     11,652
        Gausman & Moore Association Inc                 11,960
        Hydro-Scape Products, Inc                       11,920
        Nadel Architects Llp                            11,442
        Government Relations Inc                        11,333
        Old Road Venture, Llc                           11,207
        Nordman, Cormany, Hair & Compton                11,038
        Steve Kennedy                                   10,850
        Schwartz Oil Company Inc                        10,720
        National Community Renaissance Of California    10,533
        National Plant Services Inc                     10,350
        Provost & Pritchard                             10,116
        Reliable Graphics                               10,038
        K & S Air Conditioning                           3,190
        Kennedy Enterprises                              2,500
        Others                                         440,187

     Total Scheduled Liabilities                $1,326,153,064
     =========================================================

                    About LandSource Communities

LandSource Communities Development LLC, which operates in Arizona,
California, Florida, New Jersey, Nevada and Texas, is involved in
the planning and development of master planned communities and
transforming undeveloped land into ready-to-build home sites and
commercial properties.  With the exception of one development
project in Marina del Rey, California, LandSource does not build
homes or commercial properties.

LandSource and 20 of its affiliates filed for chapter 11
bankruptcy protection before the U.S. Bankruptcy Court for the
District of Delaware on June 8, 2008 (Lead Case No. 08-11111).
The Debtors are represented by Marcia Goldstein, Esq., at Weil
Gotshal & Manges in New York, and Mark D. Collins, Esq., at
Richards Layton & Finger in Wilmington, Delaware.  Lazard Freres &
Co. acts as the Debtors' financial advisors, and Kurtzmann Carson
Consultants serves as the Debtors' notice and claims agent.

According to the Troubled Company Reporter on May 22, 2008,
LandSource sought help from its lender consortium to restructure
$1.24 billion of its debt.  LandSource engaged a 100-bank lender
group led by Barclays Capital Inc., which syndicates LandSource's
debt.  LandSource had received a default notice on that debt from
the lender group after it was not able to timely meet its payments
during mid-April.  However, LandSource failed to reach an
agreement with its lenders on a plan to modify and restructure its
debt, forcing it to seek protection from creditors.

The Debtors' exclusive plan filing period expires on Oct. 6, 2008.
(LandSource Bankruptcy News, Issue No. 13;
http://bankrupt.com/newsstand/or 215/945-7000).  


LANDSOURCE COMMUNITIES: Southwest Communities' Schedules
--------------------------------------------------------
LandSource Communities Development LLC and its debtor-affiliates
delivered to the U.S. Bankruptcy Court for the District of
Delaware an amended schedule of Southwest Communities' schedules
of assets and liabilities, disclosing:

A.     Real Property
          Southwest - Desert Canyon II             $16,075,710
          Southwest - Centennial Park III            7,903,580
          Southwest - Centennial Park I              3,630,825
          Southwest - Desert Canyon I                3,247,707
          Southwest - Anthem A                       1,760,184
          Southwest - White House                    1,532,734
          Southwest - Fiesta Park                      463,422
          Southwest - Centennial Park II               961,058
          Southwest - Anthem C                               0

B.     Personal Property
B.1    Cash on hand                                       None
B.2    Checking, savings, other financial accounts        None
B.3    Security deposits                                  None
B.4    Household goods and furnishings                    None
B.5    Books, pictures, other art objects                 None
B.6    Wearing apparel                                    None
B.9    Interest in insurance policies                     None
B.13   Stock and interest in businesses                   None
B.14   Interest in partnerships                           None
B.15   Government and corporate bonds                     None
B.16   Accounts Receivable                                None
          LOC Deposit on home site
          purchase option contracts                  5,866,054
B.20   Other Contingent & Unliquidated Claims             None
B.21   Intellectual Property                              None
B.22   Patents                                            None
B.23   General intangibles                                None
B.24   Customer lists                                     None
B.25   Vehicles                                           None
B.26   Accessories                                        None
B.27   Aircraft and accessories                           None
B.28   Office equipment, furnishings and supplies         None
B.29   Machinery                                          None
B.30   Inventory                                          None
B.35   Other Personal Property
          Prepaid Property Taxes - Clark County, NV     61,210

     TOTAL SCHEDULED ASSETS                        $41,502,489
     =========================================================

C.   Property Claimed as Exempt                           None

D.   Secured Claims
        Barclays Bank - The First Lien Revolver     $9,776,117
        (Facility A) due 2/27/12 was originated on
        2/27/07: $9,552,329 principal and fees
        due on (1) Letters of Credit Outstanding;
        and (2) the underutilized Revolver. This
        debt instrument has a first lien on the
        assets of the Co-Guarantors.
  
        Barclays Bank - Outstanding Letters of     $21,177,446
        Credit under First Lien Revolver           (Contingent)
        (Facility A) due 2/27/12 was originated
        on 2/27/07.  This debt instrument has
        a first lien on the assets of the
        Co-Guarantors.

        Barclays Bank - First Lien Term Loan      $975,551,881
        (Facility B) due 2/27/13 was originated
        on 2/27/07: $959,533,440 principal and
        $16,018,441 of unpaid interest.  This debt
        instrument has a first lien on the assets
        of the Co-Guarantors.

        Barclays Bank - The First Lien Interest    $28,307,303
        Rate SWAP default termination payment
        due 05/08/08: $28,307,303 default
        termination payment and unpaid interest
        of $77,303.  This debt instrument has a
        first lien on the assets of the
        Co-Guarantors.

        Bank of New York - The Second Lien        $249,877,767
        Term Loan due 02/27/14 was originated
        on 2/27/07: $244,000,000 principal
        plus $5,877,767 unpaid interest.  This
        debt instrument has a second lien on
        the assets of the Co-Guarantors .

E.   Unsecured Priority Claims                               0

F.   Unsecured Non-priority Claims
        Lennar Homes of CA                        Undetermined

     TOTAL SCHEDULED LIABILITIES                $1,285,690,513
     =========================================================

The SAL amended the original SAL filed by the Debtor on Sept. 6.

                    About LandSource Communities

LandSource Communities Development LLC, which operates in Arizona,
California, Florida, New Jersey, Nevada and Texas, is involved in
the planning and development of master planned communities and
transforming undeveloped land into ready-to-build home sites and
commercial properties.  With the exception of one development
project in Marina del Rey, California, LandSource does not build
homes or commercial properties.

LandSource and 20 of its affiliates filed for chapter 11
bankruptcy protection before the U.S. Bankruptcy Court for the
District of Delaware on June 8, 2008 (Lead Case No. 08-11111).
The Debtors are represented by Marcia Goldstein, Esq., at Weil
Gotshal & Manges in New York, and Mark D. Collins, Esq., at
Richards Layton & Finger in Wilmington, Delaware.  Lazard Freres &
Co. acts as the Debtors' financial advisors, and Kurtzmann Carson
Consultants serves as the Debtors' notice and claims agent.

According to the Troubled Company Reporter on May 22, 2008,
LandSource sought help from its lender consortium to restructure
$1.24 billion of its debt.  LandSource engaged a 100-bank lender
group led by Barclays Capital Inc., which syndicates LandSource's
debt.  LandSource had received a default notice on that debt from
the lender group after it was not able to timely meet its payments
during mid-April.  However, LandSource failed to reach an
agreement with its lenders on a plan to modify and restructure its
debt, forcing it to seek protection from creditors.

The Debtors' exclusive plan filing period expires on Oct. 6, 2008.
(LandSource Bankruptcy News, Issue No. 13;
http://bankrupt.com/newsstand/or 215/945-7000).  


LANDSOURCE COMMUNITIES: Stevenson Ranch's Schedules
---------------------------------------------------
LandSource Communities Development LLC and its debtor-affiliates
delivered to the U.S. Bankruptcy Court for the District of
Delaware Stevenson Ranch's amended schedules of assets and
liabilities, disclosing:

A.     Real Property
          Stevenson Ranch - Valencia, CA           $26,689,240

B.     Personal Property
B.1    Cash on hand                                       None
B.2    Checking, savings, other financial accounts        None
          Bank of America                               38,427
B.3    Security deposits                                  None
B.4    Household goods and furnishings                    None
B.5    Books, pictures, other art objects                 None
B.6    Wearing apparel                                    None
B.9    Interest in insurance policies                     None
B.13   Stock and interest in businesses                   None
B.14   Interest in partnerships                           None
B.15   Government and corporate bonds                     None
B.16   Accounts Receivable                                None
          May 2008 oil & gas royalty                     6,655
B.18   Other Liquidated Debts                             None
B.20   Other Contingent & Unliquidated Claims             None
B.21   Intellectual Property                              None
B.22   Patents                                            None
B.23   General intangibles                                None
B.24   Customer lists                                     None
B.25   Vehicles                                           None
B.26   Accessories                                        None
B.27   Aircraft and accessories                           None
B.28   Office equipment, furnishings and supplies
          Equipment and furniture                            0
B.29   Machinery                                          None
B.30   Inventory                                          None
B.35   Other Personal Property

     TOTAL SCHEDULED ASSETS                        $26,734,322
     =========================================================

C.   Property Claimed as Exempt                           None

D.   Secured Claims
        Barclays Bank - The First Lien Revolver     $9,776,117
        (Facility A) due 2/27/12 was originated on
        2/27/07: $9,552,329 principal and fees
        due on (1) Letters of Credit Outstanding;
        and (2) the underutilized Revolver. This
        debt instrument has a first lien on the
        assets of the Co-Guarantors.
  
        Barclays Bank - Outstanding Letters of     $21,177,446
        Credit under First Lien Revolver           (Contingent)
        (Facility A) due 2/27/12 was originated
        on 2/27/07.  This debt instrument has
        a first lien on the assets of the
        Co-Guarantors.

        Barclays Bank - First Lien Term Loan      $975,551,881
        (Facility B) due 2/27/13 was originated
        on 2/27/07: $959,533,440 principal and
        $16,018,441 of unpaid interest.  This debt
        instrument has a first lien on the assets
        of the Co-Guarantors.

        Barclays Bank - The First Lien Interest    $28,307,303
        Rate SWAP default termination payment
        due 05/08/08: $28,307,303 default
        termination payment and unpaid interest
        of $77,303.  This debt instrument has a
        first lien on the assets of the
        Co-Guarantors.

        Bank of New York - The Second Lien        $249,877,767
        Term Loan due 02/27/14 was originated
        on 2/27/07: $244,000,000 principal
        plus $5,877,767 unpaid interest.  This
        debt instrument has a second lien on
        the assets of the Co-Guarantors.

E.   Unsecured Priority Claims
        California Franchise Tax Board                      91

F.   Unsecured Non-priority Claims
        Newhall Land & Farming                          38,358
        Leighton and Associates                         29,321
        Heritage Landscape Inc.                         24,202
        Jeffrey Scott Stevenson                         10,304
        Oakridge Landscape Inc.                          7,275
        R&R Pipeline Inc.                                6,890
        Hunsaker & Associates                            6,752
        Richard Johnson & Associates                     6,500
        E. Rosen Construction                            6,153
        Valley Crest Tree Co.                            4,194
        Landscape Development, Inc.                      3,883
        PCR Services Corporation                         3,723
        Land Design Consultants Inc                      3,510
        Reliable Graphics                                3,262
        HRP Studio                                       2,877
        Zimmerman Group, Inc                             2,738
        Gatzke Dillon & Balance, LLP                     2,020   
        C.F. Engineering                                 1,966   
        Rick Franklin Construction                       1,557   
        Austin Foust Associates Inc                      1,430   
        T&D Electric                                       503
        The Masonry Group                                  470
        Security Paving Company, Inc                       440
        Cal Fran Engineering, Inc.                         327
        Newhall County Water District                      270
        Southern California Edison                         236
        County of Los Angeles Public Works                 235
        AV Equipment Rental Inc.                           160
        Waste Management                                   152
        Andy Gump, Inc.                                    145
        Geosyntec Consultants, Inc.                        129
        Sam Hill & Sons Inc                                115
        Advanced Data Storage, Inc                          89
        Valencia Water                                      64
        Nature-Gro Corporation                              57
        American Landscape Maintenance                      46
        AV Equipment Rental Inc.                            46
        Iron Mountain                                       33
        Poe Investment Company LLC                Undetermined
        Sarmiento, Howard & Ann                   Undetermined

     TOTAL SCHEDULED LIABILITIES                $1,284,861,048
     =========================================================

The SAL amended the original SAL filed by the Debtor on Sept. 6.

                    About LandSource Communities

LandSource Communities Development LLC, which operates in Arizona,
California, Florida, New Jersey, Nevada and Texas, is involved in
the planning and development of master planned communities and
transforming undeveloped land into ready-to-build home sites and
commercial properties.  With the exception of one development
project in Marina del Rey, California, LandSource does not build
homes or commercial properties.

LandSource and 20 of its affiliates filed for chapter 11
bankruptcy protection before the U.S. Bankruptcy Court for the
District of Delaware on June 8, 2008 (Lead Case No. 08-11111).
The Debtors are represented by Marcia Goldstein, Esq., at Weil
Gotshal & Manges in New York, and Mark D. Collins, Esq., at
Richards Layton & Finger in Wilmington, Delaware.  Lazard Freres &
Co. acts as the Debtors' financial advisors, and Kurtzmann Carson
Consultants serves as the Debtors' notice and claims agent.

According to the Troubled Company Reporter on May 22, 2008,
LandSource sought help from its lender consortium to restructure
$1.24 billion of its debt.  LandSource engaged a 100-bank lender
group led by Barclays Capital Inc., which syndicates LandSource's
debt.  LandSource had received a default notice on that debt from
the lender group after it was not able to timely meet its payments
during mid-April.  However, LandSource failed to reach an
agreement with its lenders on a plan to modify and restructure its
debt, forcing it to seek protection from creditors.

The Debtors' exclusive plan filing period expires on Oct. 6, 2008.
(LandSource Bankruptcy News, Issue No. 13;
http://bankrupt.com/newsstand/or 215/945-7000).  


LANDSOURCE COMMUNITIES: TPC At Valencia's Schedules
---------------------------------------------------
LandSource Communities Development LLC and its debtor-affiliates
delivered to the U.S. Bankruptcy Court for the District of
Delaware TPC At Valencia's amended schedules of assets and
liabilities, disclosing:

A.     Real Property
          TPC Gold Course - Valencia, CA           $11,495,460

B.     Personal Property
B.1    Cash on hand
          Petty cash                                     5,600
B.2    Checking, savings, other financial accounts
          Bank of Santa Clarita                         40,119
          Wells Fargo Bank                                   0
          Bank of America                              205,921
B.3    Security deposits                                  None
B.4    Household goods and furnishings                    None
B.5    Books, pictures, other art objects                 None
B.6    Wearing apparel                                    None
B.9    Interest in insurance policies
          Federal Insurance Company                          0
          Arch Specialty Insurance                           0
          Beazeley Insurance Company                         0
          Federal Insurance Company                          0
B.13   Stock and interest in businesses                   None
B.14   Interest in partnerships                           None
B.15   Government and corporate bonds                     None
B.16   Accounts Receivable
          Micael Hoefflin Foundation                    18,347
          PPOA Goalf Tournament/Brian Moriguchi         32,640
          Redacted [Member #10]                          2,072
          Redacted [Member #110]                         1,790
          Redacted [Member #111]                         1,185
          Redacted [Member #116]                         2,009
          Redacted [Member #120]                         2,155
          Redacted [Member #125]                         1,055
          Redacted [Member #126]                         1,462
          Redacted [Member #127]                         1,025
          Redacted [Member #128]                         1,810
          Redacted [Member #132]                         1,748
          Redacted [Member #134]                         1,405
          Redacted [Member #138]                         1,046
          Redacted [Member #147]                         2,212
          Redacted [Member #151]                         1,816
          Redacted [Member #156]                         1,030
          Redacted [Member #16]                          1,492
          Redacted [Member #168]                         1,572
          Redacted [Member #169]                         1,739
          Redacted [Member #175]                         2,329
          Redacted [Member #184]                         2,468
          Redacted [Member #189]                         1,264
          Redacted [Member #194]                         2,055
          Redacted [Member #198]                         1,003
          Redacted [Member #2]                           1,083
          Redacted [Member #202]                         1,419
          Redacted [Member #205]                         1,397
          Redacted [Member #206]                         1,004
          Redacted [Member #21]                          1,611
          Redacted [Member #213]                         2,296
          Redacted [Member #214]                         1,092
          Redacted [Member #220]                         2,447
          Redacted [Member #222]                         1,335
          Redacted [Member #223]                         1,318
          Redacted [Member #224]                         3,493
          Redacted [Member #231]                         1,507
          Redacted [Member #232]                         4,450
          Redacted [Member #235]                         1,476
          Redacted [Member #236]                         1,986
          Redacted [Member #237]                         1,095
          Redacted [Member #238]                         1,263
          Redacted [Member #240]                         2,137
          Redacted [Member #242]                         1,784
          Redacted [Member #244]                         1,002
          Redacted [Member #244]                         1,710
          Redacted [Member #261]                         1,139
          Redacted [Member #263]                         1,644
          Redacted [Member #266]                         6,036
          Redacted [Member #28]                          2,737
          Redacted [Member #29]                          1,432
          Redacted [Member #3]                           1,732
          Redacted [Member #32]                          2,784
          Redacted [Member #33]                          2,832
          Redacted [Member #37]                          1,620
          Redacted [Member #41]                          1,419
          Redacted [Member #42]                          2,459
          Redacted [Member #47]                          1,899
          Redacted [Member #48]                          1,607
          Redacted [Member #51]                          1,200
          Redacted [Member #52]                          1,369
          Redacted [Member #6]                           1,335
          Redacted [Member #66]                          2,290
          Redacted [Member #68]                          1,085
          Redacted [Member #69]                          1,039
          Redacted [Member #70]                          1,018
          Redacted [Member #82]                          2,114
          Redacted [Member #83]                          1,481
          Redacted [Member #84]                          2,058
          Redacted [Member #87]                          1,832
          Redacted [Member #89]                          1,281
          Redacted [Member #93]                          2,493
          Others                                        76,787
B.17   Alimony                                            None
B.18   Other Liquidated Debts                             None
B.20   Other Contingent & Unliquidated Claims             None
B.21   Intellectual Property                              None
B.22   Patents
          TPC@valencia.com                             Unknown
B.23   General intangibles
B.24   Customer lists                                     None
B.25   Vehicles
         2002 Mazda B3000                                    0
B.26   Accessories
B.27   Aircraft and accessories
B.28   Office equipment, furnishings and supplies
         Furniture & equipment                         235,871
B.29   Machinery
         Golf carts                                    221,356
         Furniture and fixtures                         65,145
         Clubhouse furnitures & fixtures                44,839
         Signage                                        20,977
         Pro shop furniture & fixtures                  16,940
         Golf equipment                                 14,722
         Kitchen equipment                              13,159
         Lockers                                         9,173
         Golf bag storage                                6,253
         Security cameras                                4,827
         Mens lockers                                    2,226
         Software point of sale                          1,406
         50" Panasonic Plasma                              833
         Radio                                             214
B.30   Inventory
          Golf shop merchandise                        115,435
          Food and beverage                             61,309
B.35   Other Personal Property
          Redacted [Member #5900201378]                 33,500
          Redacted [Member #5900401544]                 31,125
          Redacted [Member #5900401632]                 31,125
          Redacted [Member #5900601295]                 29,625
          Redacted [Member #5900402456]                 28,800
          Redacted [Member #5900401552]                 28,500
          Redacted [Member #5900401554]                 27,805
          Redacted [Member #5900401558]                 27,500
          Redacted [Member #5900601301]                 26,465
          Redacted [Member #5900601229]                 26,625
          Redacted [Member #5900201230]                 18,750
          Redacted [Member #5900401492]                 18,750
          Redacted [Member #5900801230]                 18,750
          Redacted [Member #5900601189]                 17,143
          Redacted [Member #5900401478]                 17,100
          Redacted [Member #5900801232]                 16,000
          Redacted [Member #5900601156]                 16,000
          Redacted [Member #5900201094]                 16,000
          Redacted [Member #5900601099]                 16,000
          Redacted [Member #5900201288]                 15,975
          Redacted [Member #5900201254]                 15,975
          Redacted [Member #5900201228]                 13,725
          Redacted [Member #5900201260]                 13,725
          Redacted [Member #5900402446]                 13,725
          Redacted [Member #5900201368]                 13,500
          Redacted [Member #5900601069]                 15,500
          Redacted [Member #5900201184]                 15,500
          Redacted [Member #5900201205]                 15,250
          Redacted [Member #5900401490]                 14,750
          Redacted [Member #5900601281]                 13,750
          Redacted [Member #5900201190]                 13,725
          Redacted [Member #5900401496]                 13,000
          Redacted [Member #5900401482]                 12,825
          Redacted [Member #5900401452]                 12,825
          Redacted [Member #5900401468]                 12,825
          Redacted [Member #5900201264]                 13,725
          Redacted [Member #5900401470]                 12,825
          Redacted [Member #5900401464]                 12,825
          Redacted [Member #5900401472]                 12,825
          Redacted [Member #5900201366]                 12,000
          Redacted [Member #5900601263]                 11,924
          Redacted [Member #5900601265]                 11,924
          Redacted [Member #5900401413]                 11,100
          Redacted [Member #5900401476]                 10,575
          Redacted [Member #5900401158]                 10,000
          Prepaid Insurance                              8,665
          Redacted [Member #5900401442]                  8,550
          Redacted [Member #5900601180]                  8,500
          Redacted [Member #5900402436]                  8,437
          Redacted [Member #5900401488]                  7,375
          Redacted [Member #5900601289]                  6,500
          Redacted [Member #5900401419]                  5,343
          Redacted [Member #5900401425]                  5,343
          Redacted [Member #5900601252]                  4,593
          Redacted [Member #5900601261]                  4,125

     TOTAL SCHEDULED ASSETS                        $13,693,482
     =========================================================

C.   Property Claimed as Exempt                           None

D.   Secured Claims
        Barclays Bank - The First Lien Revolver     $9,776,117
        (Facility A) due 2/27/12 was originated on
        2/27/07: $9,552,329 principal and fees
        due on (1) Letters of Credit Outstanding;
        and (2) the underutilized Revolver. This
        debt instrument has a first lien on the
        assets of the Co-Guarantors.

        Barclays Bank - Outstanding Letters of     $21,177,446
        Credit under First Lien Revolver          (Contingent)
        (Facility A) due 2/27/12 was originated
        on 2/27/07.  This debt instrument has
        a first lien on the assets of the
        Co-Guarantors.

        Barclays Bank - First Lien Term Loan      $975,551,881
        (Facility B) due 2/27/13 was originated
        on 2/27/07: $959,533,440 principal and
        $16,018,441 of unpaid interest.  This debt
        instrument has a first lien on the assets
        of the Co-Guarantors.

        Barclays Bank - The First Lien Interest    $28,307,303
        Rate SWAP default termination payment
        due 05/08/08: $28,307,303 default
        termination payment and unpaid interest
        of $77,303.  This debt instrument has a
        first lien on the assets of the
        Co-Guarantors.

        Bank of New York - The Second Lien        $249,877,767
        Term Loan due 02/27/14 was originated
        on 2/27/07: $244,000,000 principal
        plus $5,877,767 unpaid interest.  This
        debt instrument has a second lien on
        the assets of the Co-Guarantors .

E.   Unsecured Priority Claims                            None

F.   Unsecured Non-priority Claims
        The Newhall Land And Farming Company         1,939,000
        National City Commercial Capital               377,478
        Valencia Water Company                          37,417
        PGA Tour, Inc.                                  25,767
        Western Golf Properties, Llc                    13,763
        Southern California Edison Co.                  12,884
        Titleist Drawer                                  9,874
        Citicapital (SM)                                 7,362
        Sysco Food Services Of Ventura Inc.              6,802
        Banc Of America Leasing                          6,295
        Taylor Made Golf Company, Inc.                   4,796
        General Petroleum Corporation                    4,638
        California Turf Support                          3,569
        Western Farm Service                             3,231
        Jensen Millar                                    2,948
        Claire's Flowers                                 2,918
        Eagle Pump Services, Inc.                        2,860
        Sephra, Llc                                      2,647
        Redacted [Member #5900801234]                    2,636
        Orange County Business Journal                   2,613
        Mission Linens                                   2,505
        Worldwide Produce                                2,384
        Anderson Seafoods, Inc.                          2,173
        AT&T                                             2,133
        The Gas Company                                  1,880
        The Signal                                       1,876
        Nike Usa, Inc.                                   1,747
        AV Party Rental, Inc.                            1,739
        Premier Restaurant Equipment Co.                 1,661
        Docusource                                       1,598
        Tommy Bahama                                     1,587
        R&R Products, Inc.                               1,525
        Elite Magazine, Inc                              1,450
        Le Chef Bakery                                   1,431
        Professional Building Maintenance                1,391
        Cutter & Buck                                    1,252
        The Magazine Of Santa Clarita                    1,250
        Simplot Patners                                  1,320
        UCLA Women'S Golf Only                           1,080
        Child & Family Center                            1,080
        Callaway Golf                                    1,073
        Pitney Bowes Purchase Power                      1,113
        Cintas Corporation # 684                         1,107
        Oglebay Norton Ind. Sand, Inc.                   1,104
        SCV Christian Schools                            1,000
        Imperial Headwear, Inc.                            994
        Aqua Flo Supply                                    930
        Pepsi-Cola                                         909
        Gourmet Foods Inc.                                 868
        Kimball Midwest                                    816
        SC Publishing Inc.                                 750
        Newport Meat Company                               722
        CMC Custom Gifts, Inc.                             669
        Swiss Chalet Fine Foods West                       566
        American Hotel Register Co.                        659
        Office Equipment Finance Services                  646
        Valencia Air, Inc                                  621
        Anheuser - Busch Sales Of Sylmar                   537
        Sign A Rama                                        519
        Waste Management-Sun Valley                        521
        Match Play                                         507
        Premier Capitol Cigar Co.                          502
        Hart High School Girls                             500
        Home Tour League Gala                              500
        Auto Trader 2008                                   500
        Old Orchard Elementary School                      500
        Club Forms                                         461
        Greg Norman Collection                             487
        Regal Wine Company                                 486
        Marlin Leasing Corp.                               428
        Ink America                                        400
        Grainger                                           394
        SCNS Sports Foods                                  374
        John Pramik Ent., Inc.                             300
        Others                                          12,456

     TOTAL SCHEDULED LIABILITIES                $1,287,228,018
     =========================================================

The SAL amended the original SAL filed by the Debtor on Sept. 6.

                    About LandSource Communities

LandSource Communities Development LLC, which operates in Arizona,
California, Florida, New Jersey, Nevada and Texas, is involved in
the planning and development of master planned communities and
transforming undeveloped land into ready-to-build home sites and
commercial properties.  With the exception of one development
project in Marina del Rey, California, LandSource does not build
homes or commercial properties.

LandSource and 20 of its affiliates filed for chapter 11
bankruptcy protection before the U.S. Bankruptcy Court for the
District of Delaware on June 8, 2008 (Lead Case No. 08-11111).
The Debtors are represented by Marcia Goldstein, Esq., at Weil
Gotshal & Manges in New York, and Mark D. Collins, Esq., at
Richards Layton & Finger in Wilmington, Delaware.  Lazard Freres &
Co. acts as the Debtors' financial advisors, and Kurtzmann Carson
Consultants serves as the Debtors' notice and claims agent.

According to the Troubled Company Reporter on May 22, 2008,
LandSource sought help from its lender consortium to restructure
$1.24 billion of its debt.  LandSource engaged a 100-bank lender
group led by Barclays Capital Inc., which syndicates LandSource's
debt.  LandSource had received a default notice on that debt from
the lender group after it was not able to timely meet its payments
during mid-April.  However, LandSource failed to reach an
agreement with its lenders on a plan to modify and restructure its
debt, forcing it to seek protection from creditors.

The Debtors' exclusive plan filing period expires on Oct. 6, 2008.
(LandSource Bankruptcy News, Issue No. 13;
http://bankrupt.com/newsstand/or 215/945-7000).  


LANDSOURCE COMMUNITIES: 11 Debtors' Schedules of Assets & Debts
---------------------------------------------------------------
LandSource Communities Development LLC and its debtor-affiliates
delivered to the U.S. Bankruptcy Court for the District of
Delaware 11 debtor-affiliates' schedules of assets and
liabilities.

Eleven debtor-affiliates of LandSource Communities Development
LLC reported zero assets and these liabilities:

     Debtor                                   Liabilities
     ------                                   -----------
     LSC Associates, LLC                    $1,284,885,825
     Lennar Moorpark, LLC                    1,284,700,782
     Kings Wood Development
       Company, L.C.                         1,284,691,566
     California Land Company                 1,284,690,513
     The NewHall Land and Farming
       Company                               1,284,690,513
     Valencia Corporation                    1,284,690,513
     Valencia Realty Company                 1,284,690,513
     NWHL GP LLC                             1,284,690,513
     LandSource Communities
       Development Sub LLC                   1,284,690,513
     Lennar Stevenson Holdings, LLC          1,284,690,513
     Lennar Bressi Ranch Venture, LLC                    0

The $1,284,690,513 in debts reported by each of the Debtor
Affiliates, other than Lennar Bressi, are on account of their
joint liability with LandSource for these secured claims:

        Claimant/Claim                           Amount of Claim
        --------------                           ---------------
        Barclays Bank - The First Lien Revolver    $9,776,117
        (Facility A) due 2/27/12 was originated on
        2/27/07: $9,552,329 principal and fees
        due on (1) Letters of Credit Outstanding;
        and (2) the underutilized Revolver. This
        debt instrument has a first lien on the
        assets of the Co-Guarantors.
  
        Barclays Bank - Outstanding Letters of    $21,177,446
        Credit under First Lien Revolver          (Contingent)
        (Facility A) due 2/27/12 was originated
        on 2/27/07.  This debt instrument has
        a first lien on the assets of the
        Co-Guarantors.

        Barclays Bank - First Lien Term Loan     $975,551,881
        (Facility B) due 2/27/13 was originated
        on 2/27/07: $959,533,440 principal and
        $16,018,441 of unpaid interest.  This debt
        instrument has a first lien on the assets
        of the Co-Guarantors.

        Barclays Bank - The First Lien Interest   $28,307,303
        Rate SWAP default termination payment
        due 05/08/08: $28,307,303 default
        termination payment and unpaid interest
        of $77,303.  This debt instrument has a
        first lien on the assets of the
        Co-Guarantors.

        Bank of New York - The Second Lien       $249,877,767
        Term Loan due 02/27/14 was originated
        on 2/27/07: $244,000,000 principal
        plus $5,877,767 unpaid interest.  This
        debt instrument has a second lien on
        the assets of the Co-Guarantors.

                    About LandSource Communities

LandSource Communities Development LLC, which operates in Arizona,
California, Florida, New Jersey, Nevada and Texas, is involved in
the planning and development of master planned communities and
transforming undeveloped land into ready-to-build home sites and
commercial properties.  With the exception of one development
project in Marina del Rey, California, LandSource does not build
homes or commercial properties.

LandSource and 20 of its affiliates filed for chapter 11
bankruptcy protection before the U.S. Bankruptcy Court for the
District of Delaware on June 8, 2008 (Lead Case No. 08-11111).
The Debtors are represented by Marcia Goldstein, Esq., at Weil
Gotshal & Manges in New York, and Mark D. Collins, Esq., at
Richards Layton & Finger in Wilmington, Delaware.  Lazard Freres &
Co. acts as the Debtors' financial advisors, and Kurtzmann Carson
Consultants serves as the Debtors' notice and claims agent.

According to the Troubled Company Reporter on May 22, 2008,
LandSource sought help from its lender consortium to restructure
$1.24 billion of its debt.  LandSource engaged a 100-bank lender
group led by Barclays Capital Inc., which syndicates LandSource's
debt.  LandSource had received a default notice on that debt from
the lender group after it was not able to timely meet its payments
during mid-April.  However, LandSource failed to reach an
agreement with its lenders on a plan to modify and restructure its
debt, forcing it to seek protection from creditors.

The Debtors' exclusive plan filing period expires on Oct. 6, 2008.
(LandSource Bankruptcy News, Issue No. 13;
http://bankrupt.com/newsstand/or 215/945-7000).  


LEXINGTON PRECISION: Posts $1,249,000 Net Loss in August 2008
-------------------------------------------------------------
Lexington Precision Corp. and Lexington Rubber Group, Inc. filed
with the U.S. Bankruptcy Court for the Southern District of New
York their monthly operating report for July 2008.

At the end of August 2008, the Debtors's preliminary consolidated
balance sheet showed $59,050,000 in total assets and and total
liabilities of $100,831,000, resulting in a $41,781,000  
stockholders' deficit.

For the month, the Debtors generated net sales of $6,483,000 and
incurred a net loss of $1,249,000.

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

               http://researcharchives.com/t/s?3355

                     About Lexington Precision

Headquartered in New York, Lexington Precision Corp.
-- http://www.lexingtonprecision.com/-- manufactures tight-
tolerance rubber and metal components for use in medical,
automotive, and industrial applications.  As of Feb. 29, 2008, the
companies employed about 651 regular and 22 temporary personnel.

The company and its affiliate, Lexington Rubber Group Inc., filed
for Chapter 11 protection on April 1, 2008 (Bankr. S.D.N.Y. Lead
Case No.08-11153).  Richard P. Krasnow, Esq., at Weil, Gotshal &
Manges, represents the Debtors in their restructuring efforts.  
The Debtors selected Epiq Bankruptcy Solutions LLC as claims
agent.  The U.S. Trustee for Region 2 appointed seven creditors to
serve on an Official Committee of Unsecured Creditors.

When the Debtors filed for protection from their creditors, they
listed total assets of $52,730,000 and total debts of $88,705,000.


LEXINGTON PRECISION: Posts $1,130,000 Net Loss in July 2008
-----------------------------------------------------------
Lexington Precision Corp. and Lexington Rubber Group, Inc. filed
with the U.S. Bankruptcy Court for the Southern District of New
York their monthly operating report for July 2008.

The Debtors reported total assets of $60,099,000 and total
liabilities of $100,632,000, resulting in a $40,533,000
stockholders' deficit.

For the month, the Debtors generated net sales of $5,910,000 and
incurred a net loss of $1,130,000.

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

               http://researcharchives.com/t/s?3354

                     About Lexington Precision

Headquartered in New York, Lexington Precision Corp.
-- http://www.lexingtonprecision.com/-- manufactures tight-
tolerance rubber and metal components for use in medical,
automotive, and industrial applications.  As of Feb. 29, 2008, the
companies employed about 651 regular and 22 temporary personnel.

The company and its affiliate, Lexington Rubber Group Inc., filed
for Chapter 11 protection on April 1, 2008 (Bankr. S.D.N.Y. Lead
Case No.08-11153).  Richard P. Krasnow, Esq., at Weil, Gotshal &
Manges, represents the Debtors in their restructuring efforts.  
The Debtors selected Epiq Bankruptcy Solutions LLC as claims
agent.  The U.S. Trustee for Region 2 appointed seven creditors to
serve on an Official Committee of Unsecured Creditors.

When the Debtors filed for protection from their creditors, they
listed total assets of $52,730,000 and total debts of $88,705,000.


LEXINGTON PRECISION: Posts $1,154,000 Net Loss in June 2008
-----------------------------------------------------------
Lexington Precision Corp. and Lexington Rubber Group, Inc. filed
with the U.S. Bankruptcy Court for the Southern District of New
York their monthly operating report for June 2008.

The Debtors reported total assets of $60,067,000 and total
liabilities of $99,471,000, resulting in a $39,404,000
stockholders' deficit.

For the month, the Debtors generated net sales of $6,448,000 and
incurred a net loss of $1,154,000.

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

               http://researcharchives.com/t/s?3353

                     About Lexington Precision

Headquartered in New York, Lexington Precision Corp.
-- http://www.lexingtonprecision.com/-- manufactures tight-
tolerance rubber and metal components for use in medical,
automotive, and industrial applications.  As of Feb. 29, 2008, the
companies employed about 651 regular and 22 temporary personnel.

The company and its affiliate, Lexington Rubber Group Inc., filed
for Chapter 11 protection on April 1, 2008 (Bankr. S.D.N.Y. Lead
Case No.08-11153).  Richard P. Krasnow, Esq., at Weil, Gotshal &
Manges, represents the Debtors in their restructuring efforts.  
The Debtors selected Epiq Bankruptcy Solutions LLC as claims
agent.  The U.S. Trustee for Region 2 appointed seven creditors to
serve on an Official Committee of Unsecured Creditors.

When the Debtors filed for protection from their creditors, they
listed total assets of $52,730,000 and total debts of $88,705,000.


LEVITT & SONS: Files Monthly Operating Report for August 2008
-------------------------------------------------------------

                      Levitt & Sons, LLC
            Monthly Financial Report for Business
              For the Period August 1 - 31, 2008

Cash, beginning of period                            $1,360,342

Receipts:
  Cash sales                                                  0
  Collection on postpetition A/R                              0
  Collection on prepetition A/R                               0
  Other receipts                                         78,476
                                                 --------------
Total receipts                                           78,476

Total cash available for operations                   1,438,818

Disbursements:
  U.S. Trustee quarterly fees                                 0
  Net payroll                                             4,378
  Payroll taxes paid                                      2,170
  Sales and use taxes                                         0
  Other taxes                                                 0
  Rent                                                        0
  Other leases                                                0
  Telephone                                                   0
  Utilities                                                 980
  Travel & entertainment                                    125
  Vehicle expenses                                            0
  Office supplies                                             0
  Advertising                                                 0
  Insurance                                                   0
  Purchases of fixed assets                                   0
  Purchases of inventory                                      0
  Manufacturing supplies                                      0
  Repairs & maintenance                                       0
  Payments to secured creditors                               0
  Other operating expenses                              516,685
                                                 --------------
Total cash disbursements                                524,340
                                                 --------------
Ending Cash Balance                                    $914,477
                                                 ==============

                      About Levitt and Sons

Based in Fort Lauderdale, Florida, Levitt and Sons LLC --
http://www.levittandsons.com/-- is the homebuilding subsidiary of
Levitt Corporation (NYSE:LEV).  Levitt Corp. --
http://www.levittcorporation.com/-- together with its
subsidiaries, operates as a homebuilding and real estate
development company in the southeastern United States.  The
company operates in two divisions, homebuilding and land.  The
homebuilding division primarily develops single and multi-family
homes for adults and families in Florida, Georgia, Tennessee, and
South Carolina.  The land division engages in the development of
master-planned communities in Florida and South Carolina.

Levitt and Sons LLC and 38 of its homebuilding affiliates filed
for Chapter 11 protection on Nov. 9, 2007 (Bankr. S.D. Fla. Lead
Case No. 07-19845).  Paul Singerman, Esq. and Jordi Guso, Esq., at
Berger Singerman, P.A., represent the Debtors in their
restructuring efforts.  The Debtors chose AP Services, LLC as
their crisis managers, and Kurtzman Carson Consultants, LLC as
their claims and noticing agent.  Levitt Corp., the parent
company, is not included in the bankruptcy filing.

The Debtors have filed a Chapter 11 joint plan of liquidation.  
(Levitt and Sons Bankruptcy News; Bankruptcy Creditors' Service
Inc.; http://bankrupt.com/newsstand/or 215/945-7000).  


MERVYN'S LLC: Files Monthly Operating Report for August
-------------------------------------------------------
Mervyn's LLC filed with the U.S. Bankruptcy Court for the District
of Delaware its monthly operating report for August, 2008.

                           Mervyn's LLC
                          Balance Sheet            
                      As of August 30, 2008                
                                                                      
ASSETS                                         
Current Assets                                                          
   Cash                                              $17,995,000
   Accounts receivable, net                           19,395,000
   Merchandise inventory                             304,000,000
   Prepaid and other current assets                   36,846,000
                                                     -----------  
     Total current assets                            378,235,000

Long term assets                                                       
Property & Equipment                                                   
   Property, plant and equipment                     358,703,000
   Less: accumulated depreciation                   (125,538,000)
                                                     -----------  
     Total Property & Equipment                      233,165,000
   Other assets                                       54,093,000
                                                     -----------  
     Total long-term assets                          287,258,000
                                                     -----------  
   Total assets                                     $665,493,000
                                                     ===========  
                                                                 
Liabilities and Member's Equity                                  

Liabilities not subject to compromise                                  
Current liabilities                                                
   Trade accounts payable                            $75,940,000
   Other accounts payable                              3,084,000
   Current portion of LT debt                         10,223,000
   Accrued expenses and other current liabilities    135,413,000
   Revolving line of credit                          126,457,000
                                                     -----------  
     Total current liabilities                       351,116,000

Long term liabilities                                                  
   Workers comp/general liability reserve             41,608,000
   Deferred rent                                       2,108,000
   Capital lease debt                                 19,015,000
   Long term note payable                             34,213,000
   Other long term liabilities                           452,000
                                                     -----------  
     Total long-term liabilities                      97,397,000     
   Total liabilities not subject to compromise       448,513,000
   Liabilities subject to compromise                 268,647,000
                                                     -----------  
   Total Liabilities                                 717,160,000
Member's Equity                                      (51,667,000)
                                                     -----------  
   Total liabilities and member's equity            $665,493,000
                                                     ===========   
                                                                                
                           Mervyn's LLC                           
                     Statement of Operations          
                 For Month Ended August 30, 2008                       

                                                                    
Sales                                               $180,943,000
Cost of goods sold                                   110,371,000
                                                     -----------  
Gross Margin                                          70,572,000
                                                                 
Expenses:                                                              
   Store Expenses                                     17,150,000
   Distribution expenses                               1,474,000
   Variable selling expenses                           1,282,000
                                                     -----------  
   Subtotal                                           19,906,000

   Marketing expenses                                 15,299,000
   IT expenses                                         2,126,000
   Store building services                             5,451,000
   Rents and leases                                   14,475,000
   CAM and property taxes                              3,992,000
   Workers Comp, GL and Insurance                      1,755,000
   Benefits costs                                      1,452,000
     General Management                                  480,000
     Merchandising                                     2,106,000
     Merchandise planning                                882,000
     Headquarters services                               257,000
     Finance G&A                                         904,000
     Employee expenses and other                       3,916,000
     Loss prevention                                     945,000
     Human Resources                                     928,000
     Bonuses/LTIP                                              -
     Legal                                               100,000
     Visual Merchandising                                416,000
                                                     -----------  
   Total all other G&A                                10,934,000
   Start up expenses                                     110,000
   Other(Income) & expense                            (1,901,000)
                                                     -----------  
Total expense(excl. Interest/D&A)                     73,599,000
   Credit(Income)                                     (3,893,000)
     Restructuring expenses                            1,255,000
   Depreciation and amortization                       9,457,000
   Interest(Income)/expense                            2,484,000
                                                     -----------  
Total Expenses                                        82,903,000
                                                     -----------  
Net Loss                                            ($12,331,000)
                                                     ===========

                           Mervyn's LLC
             Schedule of Cash Receipts & Disbursements
                   For Month Ended August 30, 2008


Beginning Balance – Wachovia                            $456,000
   Receipts                                                            
     Bank total                                       82,207,000
     Credit card total                               120,233,000
     Non-sales total                                  43,043,000
     Interest                                             17,000
                                                     -----------  
     Total receipts                                  245,500,000
   Disbursements                                                       
     Imports                                           8,067,000
     Trade A/P                                        26,369,000
     Expense Payable                                  22,512,000
     Total Payroll                                    26,388,000
     Marketing – Wire                                  7,617,000
     Sales tax                                        10,509,000
     Tax & member distribution/management fees                 -
     Insurance premiums                                  342,000
     Property related                                  1,981,000
     Store building services                                   -
     Interest expenses                                         -
     Other expense                                     2,459,000
                                                     -----------  
     Total Disbursements                             106,243,000
   Net cash flow                                     139,257,000
                                                     -----------   
Ending balance – Wachovia                              1,348,000

Reconciliation to Cash per GL:                                          
   Store cash vault                                    2,902,000
   Bank of America depository                          9,917,000
   JP Morgan depository                                  660,000
   US Bank Depository                                  1,806,000
   Evergreen                                                   -
   Bank of America coins & currency                       29,000
   Wachovia Utility deposit                            1,318,000
   Other                                                  14,000
                                                     -----------  
   Total cash per GL                                 $17,995,000
                                                     ===========

                          About Mervyn's LLC

Headquartered in the San Francisco Bay Area, Mervyn's LLC --
http://www.mervyns.com/-- provides a mix of top national brands
and exclusive private labels.  Mervyns has 176 locations in seven
states.  Mervyns stores have an average of 80,000 retail square
feet, smaller than most other mid-tier retailers and easier to
shop, and are located primarily in regional malls, community
shopping centers, and freestanding sites.

The company and its affiliates filed for Chapter 11 protection on
July 29, 2008, (Bankr. D. Del. Lead Case No.: 08-11586).  Howard
S. Beltzer, Esq., and Wendy S. Walker, Esq., at Morgan Lewis &
Bockius LLP, and Mark D. Collins, Esq., Daniel J. DeFranceschi,
Esq., Christopher M. Samis, Esq. and L. Katherine Good, Esq., at
Richards Layton & Finger P.A., represent the Debtors in their
restructuring efforts.  Kurtzman Carson Consultants LLC is the
Debtors' claims agent.  The Debtors' financial advisor is Miller
Buckfire & Co. LLC.  Mervyn's LLC has estimated assets of
$500,000,000 to $1,000,000,000 and estimated debts of $500,000,000
to $1,000,000,000 when it filed for bankruptcy.


NEUMANN HOMES: Files Monthly Operating Report for July
------------------------------------------------------

                   Neumann Homes, Inc., et al.
                   Receipts and Disbursements
                    Month Ended July 31, 2008

Beginning Balance in All Accounts:
                                                                             
Neumann Citibank Operating Account                     255,420
Neumann Bank of America - old accounts (various)             -
Neumann Citibank - Customer Earnest
   Money Account                                            15
Neumann Citibank - Funding/Dip Account                  66,542
Neumann Citibank - Dip Funding -
   Professional Account                                      -
Restricted - Neumann Citibank - Glen at
   Lakemoor EM Account                                   1,224
Restricted - Neumann Citibank-Clublands
   Antioch Clubhouse                                   156,617
Restricted - IndyMac Escrow Account - NeuVillage       125,609
Restricted - Chicago Title Escrow Account -
   Closed Homes                                        224,436
Restricted - Chicago Title Escrow Account -
   Lender Funded                                     1,377,147
Restricted - Citibank - Worker Comp Escrow               8,512
Restricted - NHI KERP Account                          108,921
Restricted· Land Title Guarantee Escrow                323,436
                                                    ----------
                                                    $2,647,879
                                                    ----------

Receipts:
Operating Account                                      107,362
Customer Earnest Money Account-Ckg                           -
Customer Earnest Money Account-MM                            -
Funding/Dip Account                                    225,000
Glen at Lakemoor EM Account                                  1
Clublands Antioch Clubhouse Account                        230
Dip Funding-Professional Account                             -
Restricted Escrow held by CTI - Lender Funding               -
IndyMac Escrow for L/C-Leona's NeuVillage                    -
Restricted Escrow held by CTT(closings)                      -
NHI Worker Comp Escrow                                       -
NHI KERP Account                                             -
Other Receipts                                               -
                                                    ----------
                                                      $332,593
Disbursements:
Net Payroll:
   Officers                                                  -
   Others                                              (42,730)
                                                    ----------
                                                       (42,730)

Taxes:
   Federal Income Tax Withholding                       (8,176)
   FICA/Medicare Withholdings EE                        (3,672)
   Employers FICA/Medicare ER                           (3,672)
   Federal Unemployment Taxes ER                             -
   State Income Tax Withholding                         (1,581)
   Adjustment for Prepaid taxes In June                    198
   State Unemployment Taxes ER                             (25)
                                                    ----------
                                                       (16,928)

Necessary expenses:  
   Rent or mortgage payment(s)                         (13,239)
   Utilities & phones                                     (564)
   Insurance                                           (14,560)
   Merchandise/services bought for manufacture/sale          -
   Other:
     Payroll Services                                     (749)
     Benefit Related including flex spending            (3,917)
     Miscellaneous                                           -
     Mileage                                               (47)
     Postage, shipping, copying                           (725)
     Worker Comp Claims
     House Trades
     Other Transfer                                       (325)
     Supplies & Storage & Misc.                           (125)     
     Temporary Labor                                         -
     Release of homeowner escrows                     (310,168)
     Consulting services                               (22,363)   
     US Trustee Fees                                    (7,800)
     Legal Professional Fees                          (259,130)
     Professional tax service fees                      (4,140)
     Filing Fees, Extension Fees                             -
     Payroll tax adjustment                                  -
                                                    ----------
                                                      (637,852)
                                                    ----------
Total Disbursements:                                  (697,510)
                                                    ----------
Net Receipts (Disbursements) for the                
   Current period                                     (364,917)
                                                    ----------
Ending Balance in All Accounts                      $2,282,962
                                                    ==========

                        About Neumann Homes

Headquartered in Warrenville, Illinois, Neumann Homes Inc. --
http://www.neumannhomes.com/-- develops and builds residential
real estate throughout the Midwest and West US.  The company is
active in the Chicago area, southeastern Wisconsin, Colorado, and
Michigan.  The company have built more than 11,000 homes in some
150 residential communities.  The company offer formal business
training to employees through classes, seminars, and computer-
based training.

The company filed for Chapter 11 protection on Nov. 1, 2007
(Bankr. N.D. Ill. Case No. 07-20412).  George Panagakis, Esq., at
Skadded, Arps, Slate, Meagher & Flom L.L.P., was selected by the
Debtors to represent them in these cases.  The Official Committee
of Unsecured Creditors has selected Paul, Hastings, Janofsky &
Walker LLP, as its counsel in these bankruptcy proceeding.  When
the Debtors filed for protection against its creditors, they
listed assets and debts of more than $100 million.

The Debtor's exclusive plan filing will expire on Dec. 31, 2008.  
(Neumann Bankruptcy News, Issue No. 23; Bankruptcy Creditors'
Services Inc. http://bankrupt.com/newsstand/or 215/945-7000)


NEUMANN HOMES: Files Monthly Operating Report for August
--------------------------------------------------------

                   Neumann Homes, Inc., et al.
                   Receipts and Disbursements
                   Month Ended August 31, 2008

Beginning Balance in All Accounts:
Neumann Citibank Operating Account                     214,454
Neumann Bank of America - old accounts (various)             -
Neumann Citibank - Customer Earnest Money Account           15
Neumann Citibank - Funding/Dip Account                  52,530
Neumann Citibank - Dip Funding -
   Professional Account                                      -
Restricted - Neumann Citibank - Glen at
   Lakemoor EM  Account                                  1,225
Restricted - Neumann Citibank - Clublands -
   Antioch Clubhouse                                   156,847
Restricted - IndyMac Escrow Acct - NeuVillage          125,609
Restricted - Chicago Title Escrow Account -
   Closed Homes                                        224,436
Restricted - Chicago Title Escrow Account -
   Lender Funded                                     1,377,147
Restricted - Citibank - Worker Comp Escrow               8,510
Restricted - NHI KERP Account                          108,921
Restricted - Land Title Guarantee Escrow                13,268
                                                    ----------
                                                    $2,282,962
                                                    ----------

Receipts:
Operating Account                                       20,351
Customer Earnest Money Account-Ckg                           -
Customer Earnest Money Account-MM                            -
Funding/Dip Account                                          -
Glen at Lakemoor EM Account                                  1
Clublands Antioch Clubhouse Account                        230
Dip Funding-Professional Account                             -
Restricted Escrow held by CTI - Lender Funding               -
IndyMac Escrow for L/C-Leona's NeuVillage                    -
Restricted Escrow held by CTT(closings)                      -
NHI Worker Comp Escrow                                       -
NHI KERP Account                                             -
Other Receipts                                               -
                                                    ----------
                                                       $20,582

Disbursements:
Net Payroll:
   Officers                                                  -
   Others                                              (41,703)
                                                    ----------
                                                       (41,703)

Taxes:
   Federal Income Tax Withholding                       (8,101)
   FICA/Medicare Withholdings EE                        (3,059)
   Employer's FICA/Medicare ER                          (3,059)
   Federal Unemployment Taxes ER                             -
   State Income Tax Withholding                         (1,532)
   State Unemployment Taxes ER                              (7)
                                                    ----------
                                                       (15,758)

Necessary expenses:
   Rent or mortgage payment(s)                         (13,239)
   Utilities & phones                                     (766)
   Insurance                                           (29,640)
   Merchandise/services bought for manufacture/sale          -
   Other:
     Payroll Services                                     (200)
     Benefit Related including flex spending            (3,990)
     Miscellaneous                                           -    
     Mileage                                              (233)
     Postage, shipping, copying                              -
     Worker Comp Claims                                      -
     House Trades                                            -
     Other - Transfer                                        -
     Supplies & Storage & Misc.                              -
     Temporary Labor                                         -
     Release of homeowner escrows                            -
     Consulting services                               (15,675)
     US Trustee Fees                                         -  
     Legal - Professional Fees                            (163)
     Professional tax service fees                           -

     Filing Fees, Extension Fees                             -
     Payroll tax adjustment                                  -
                                                    ----------
                                                       (63,906)
                                                    ----------
Total Disbursements:                                  (121,366)
                                                    ----------
Net Receipts (Disbursements) for the                   
   Current period                                     (100,784)
                                                    ----------
Ending Balance in All Accounts                      $2,182,178
                                                    ==========

                        About Neumann Homes

Headquartered in Warrenville, Illinois, Neumann Homes Inc. --
http://www.neumannhomes.com/-- develops and builds residential
real estate throughout the Midwest and West US.  The company is
active in the Chicago area, southeastern Wisconsin, Colorado, and
Michigan.  The company have built more than 11,000 homes in some
150 residential communities.  The company offer formal business
training to employees through classes, seminars, and computer-
based training.

The company filed for Chapter 11 protection on Nov. 1, 2007
(Bankr. N.D. Ill. Case No. 07-20412).  George Panagakis, Esq., at
Skadded, Arps, Slate, Meagher & Flom L.L.P., was selected by the
Debtors to represent them in these cases.  The Official Committee
of Unsecured Creditors has selected Paul, Hastings, Janofsky &
Walker LLP, as its counsel in these bankruptcy proceeding.  When
the Debtors filed for protection against its creditors, they
listed assets and debts of more than $100 million.

The Debtor's exclusive plan filing will expire on Dec. 31, 2008.  
(Neumann Bankruptcy News, Issue No. 23; Bankruptcy Creditors'
Services Inc. http://bankrupt.com/newsstand/or 215/945-7000)


NEWPOWER HOLDINGS: Files Monthly Operating Report for August 2008
-----------------------------------------------------------------
NewPower Holdings, Inc. filed with the U.S. Bankruptcy Court for
the Northern District of Georgia its monthly operating report for
August, 2008.  The Debtor had an opening cash balance of $1,094
and an ending cash balance of $1,076.

A full-text copy of the Debtor's August 2008 monthly operating
report is available for free at:
  
               http://researcharchives.com/t/s?3357

NewPower Holdings Inc. (Pink Sheets: NWPWQ) and its debtor-
affiliates filed for chapter 11 protection on June 11, 2002
(Bankr. N.D. Ga. 02-10836). Paul K. Ferdinands, Esq., at King &
Spalding and William M. Goldman, Esq., at Sidley Austin Brown &
Wood LLP, represent the Debtors.  When the Debtors filed for
chapter 11 protection, they reported $231,837,000 in assets and
$87,936,000 in debts.

On Aug. 15, 2003, the U.S. Bankruptcy Court for the Northern
District of Georgia, Newnan Division, confirmed the Second Amended
Chapter 11 Plan with respect to NewPower Holdings, Inc., and TNPC
Holdings, Inc., a wholly owned subsidiary.  That Plan became
effective on Oct. 9, 2003, with respect to the company and TNPC.

On Feb. 28, 2003, the Bankruptcy Court confirmed The New
Power Company's Plan, and that Plan has been effective as of
March 11, 2003, with respect to New Power.  The New Power Company
is a wholly owned subsidiary of the company.


S & A RESTAURANT: 39 Debtors' Schedules of Assets and Liabilities
-----------------------------------------------------------------
Nine debtor-affiliates of S & A Restaurant Corp., reported assets
and liabilities in excess of $100,000:

   Debtor                                Assets      Liabilities
   ------                                ------      -----------
   Steak and Ale of Ohio, Inc.          $511,545      $1,900,505
   Steak and Ale of Colorado, Inc.       364,655       2,082,964
   Steak and Ale of New Jersey, Inc.     316,657       2,561,289
   Steak and Ale of Pennsylvania, Inc.   221,752       2,793,794
   Steak and Ale of New Mexico, Inc.     169,564       2,443,142
   Steak and Ale of Minnesota, Inc.      140,965         696,404
   Steak and Ale of Virginia, Inc.       140,498         205,301
   Steak and Ale of Georgia, Inc.        126,145         782,005
   Steak and Ale of Delaware, Inc.       119,115       1,880,810

Furthermore, 19 debtor-affiliates disclosed assets ranging from
$10,000 to $90,000:
   
   Debtor                                Assets      Liabilities
   ------                                ------      -----------
   Steak and Ale of Missouri, Inc.      $87,129         $527,649
   Steak and Ale of Indiana, Inc.        81,741        1,019,754
   Steak and Ale of Oklahoma             71,925           30,974
      City No. 1, Inc.                   
   Steak and Ale of Michigan, Inc.       67,421          568,877
   Steak and Ale of California, Inc.     66,183           28,454
   Bennigan's Club of Fort Worth, Inc.   58,377                0
   S & A of Montgomery County, Inc.      55,721           96,292
   Bennigan's of Maryland, Inc.          49,464          700,862
   Steak and Ale of Columbia, Inc.       47,233           57,353
   Bennigan's Club of Mesquite, Inc.     46,714                0
   Steak and Ale of West Virginia, Inc.  45,331          589,649
   100 W. Timonium Road, Inc.            35,052            8,493
   Bennigan's Club of Tyler, Inc.        36,642                0
   Jolly Ox Club of Kansas, Inc.         36,353           39,181
   Steak and Ale of Tennessee, Inc.      33,178                0
   Bennigan's of Waldorf, Inc.           29,173                0
   Steak and Ale of Louisiana, Inc.      28,289           27,054
   Bennigan's Club of Dallas-Shiloh,     14,319                0
      Inc.                                  
   Steak and Ale Club of Mesquite, Inc.  10,974                0

Two debtor-affiliates with assets below $1,000 are:
   
   Debtor                                Assets      Liabilities
   ------                                ------      -----------
  Steak and Ale of Alabama, Inc.           $800           $2,400
  Steak and Ale of Little Rock, Inc.        750           88,000

Eight debtor-affiliates reported $0 in assets and liabilities:
  
   Jamie's, Inc.
   Steak and Ale No. 108 Club
   Bennigan's of Roosevelt Field, Inc.
   S & A Payroll Agent II, Inc.
   S and A Leasing Corp.
   Bennigan's of Laurel, Inc.
   Bennigan's of Las Vegas, Inc.
   Bennigan's Gift Card, Inc.

Bennigan's of Security, Inc. reported zero assets and $76,095 in
liabilities.

                     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. 8; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


SHARPER IMAGE: Files Monthly Operating Report for August 2008
-------------------------------------------------------------
Sharper Image Corp. delivered to the U.S. Bankruptcy Court for
the District of Delaware its monthly operating report for August
2008.  
                                                 
                       Sharper Image Corp.           
                          Balance Sheet              
                       As of August 31, 2008          
                                                   
ASSETS
                                                                                                  
Current assets:                                      
   Unrestricted Cash and Equivalents                  $5,062,170
   Restricted Cash and Equivalents                             -
   Trade Accounts Receivable, net                        347,476
   Other Accounts Receivable                           3,466,208
   Notes Receivable                                            -
   Inventories                                           271,891
   Prepaid Expenses                                    2,982,043
   Professional Retainers                                      -
   Deferred Income Taxes/Prepaid Income Taxes         17,304,554
                                                    ------------
Total current assets                                  29,434,341   

Property and Equipment:                              
   Real Property and Improvements                      2,926,573
   Machinery and Equipment                                     -
   Furniture, Fixtures and Office Equipment                    -     
   Leasehold Improvements                                      -  
   Vehicles                                                    -
   Work In Progress                                      451,799
   Less: Accumulated Depreciation                     (1,000,821)
                                                    ------------
Total Property and Equipment                           2,377,550
Other assets:                                        
   Loans to Insiders                                           -
   Other Assets                                       12,671,010
                                                    ------------
Total Assets                                         $44,482,902
                                                    ============
                      
LIABILITIES AND OWNER'S EQUITY                       

Liabilities not subject to Compromise (Post)         
   Accounts Payable                                  ($3,643,339)
   Taxes Payable                                        (471,698)
   Wages Payable                                        (547,084)
   Notes Payable                                               -
   Rent/Leases- Building/Equipment                             -
   Secured Debt - Line of credit                               -
   Other Reserves                                              -
   Liquidation (GOB Sales) Clearing Account          (11,165,808)
   Amounts Due to Insiders                                     -
   Other Postpetition Liabilities                              -
                                                    ------------
Total Postpetition Liabilities                       (15,827,929)
                                                   
Liabilities not subject to Compromise (Pre)          
   Secured Debt - Line of credit                               -
   Secured Debt - other                               (6,728,048)
   Priority Debt                                               -
   Unsecured Debt (Accounts Payable)                 (45,436,864)
   Expense Accruals and Other Liabilities             (7,449,398)
   Short Term Liabilities                             (3,554,215)
   Deferred (GAAP) rent/landlord allowances etc         (720,265)
   Deferred Tax (Liability)/Asset                     92,758,072
   Deferred Revenue (Gift cards and Royalties)       (34,802,166)
   Other Reserves and allowances                      (2,520,956)
                                                    ------------
Total Prepetition Liabilities                         (8,453,840)
                                                    ------------
Total Liabilities                                    (24,281,769)

Owner's Equity                                       
   Capital Stock                                        (152,132)
   Additional Paid-In Capital                       (116,716,579)
   Deferred Stock Compensation                                    
     and Stock Repurchase                                180,069
   Retained Earnings - Prepetition                    63,247,322
   Retained Earnings - Postpetition                   33,240,188
                                                    ------------
Net Owner's Equity                                   (20,201,132)
                                                    ------------
Total Liabilities and Owner's Equity                ($44,482,901)
                                                    ============

                       Sharper Image Corp.           
                     Statement of Operations         
                 For Month Ended August 31, 2008     
                                                     
Revenues:                                                                                                
   Gross Revenues                                              -
   Less: Returns and Allowances                                -
                                                    ------------
   Net Revenue                                                 -
Cost of Goods Sold:                                  
   Beginning Inventory                                         -
   Add: Purchases                                              -
   Add: Cost of Labor                                          -
   Add: Other Costs (attach schedule)                          -
   Less: Ending Inventory                                      -
   Cost of Goods Sold                                    ($1,039)
                                                    ------------
   Gross Profit                                            1,039

Operating Expenses:                                  
   Advertising                                                 -
   Auto and Truck Expense                                      -
   Bad Debts                                            (166,657)
   Contributions                                               -
   Employee Benefit Programs                             (57,629)
   Insider Compensations                                       -
   Insurance                                              97,498
   Management Fees/Bonuses                                63,250
   Office Expense                                              -
   Pension & Profit-Sharing Plans                              -
   Repairs and Maintenance                               218,106
   Rent and Lease Expense                                111,514
   Salaries/Commissions/Fees                             217,048
   Supplies                                                1,217
   Taxes- Payroll                                         24,712
   Taxes- Real Estate                                          -
   Taxes- Other                                           21,177
   Travel and Entertainment                                1,756
   Utilities                                              63,540
   Other                                                 165,975
                                                    ------------
   Total Operating Expense Before Depr.                  761,507        
   Depreciation/Depletion/Amortization                     6,144
                                                    ------------
   Net Profit (Loss)                                 
     Before Other Income & Expenses                     (766,612)

Other Income and Expenses:                           
   Licensing Income                                            -
   Interest Expense                                      (33,652)
   Other Expense                                         118,296
                                                    ------------
   Net Profit (Loss)                                 
     Before Reorganization Items                        (681,969)

Reorganization Items:                                
   Professional Fees                                     788,860
   US Trustee Quarterly Fees                                   -
   Interest Earned on Accm Case                                -
   Gain (Loss) from sale of assets                        (1,580)
   Other Reorganization Expense                       (1,607,939)
                                                    ------------
   Total Reorganization Expenses                        (820,660)
                                                    ------------
   Net Profit (Loss)                                 
     Before Income Taxes (Benefit)                       138,691
   Income Taxes (Benefit)                                      -
                                                    ------------
   Net Profit (Loss)                                    $138,691
                                                     ===========

                       Sharper Image Corp.           
                     Statement of Cash Flows         
                 For Month Ended August 31, 2008     
                                                     
Opening Balance
$3,669,460                                                     
Receipts                                             
   Cash Sales (from stores)                                    -    
   Credit Card Settlements                               247,143
   Other Settlements                                           -
   Accounts Receivable                                   186,563
   Sale of Assets                                      2,592,341
   Interest/Divided Income                                     -
   Mail Order/License Deposits, Other Deposits            87,319
                                                     -----------
   Total Receipts                                      3,113,366

Transfers                                                                                                 
   Line of Credit Draw/Pay Down                                -
   Transfers from stores to deposit a/c - sweep                -   
   Transfers from concentration to refunds                     -
   Transfers from concentration to payroll                     -
   Other Inter-account transfers                               -
   Transfers from Concentration to Disbursement                -
                                                     -----------
   Total Transfers                                             -
                                                     -----------
   Total Receipts & Transfers                          3,113,365

Disbursements                                        
   Liquidator Reimbursements                          (1,469,601)
   Net Payroll                                         1,240,662
   Payroll Taxes                                         541,535
   401k                                                   41,038
   Employee Benefits                                     203,757
   Sales, Use & Other Taxes                              863,492
   Inventory Purchases                                         -
   Secured/Rental/Leases                                  53,573
   Insurance                                              23,564
   Administrative                                        239,626
   Selling                                                     -
   Bank/Credit Card Fees/Sales audit adjs                 35,358      
   Refund checks issued (net of stop payments)                 -
   Other                                                       -
   Customs/Duties/Freight                                      -
   Interest and LC fees                                 (153,063)      
   Professional Fees                                     100,714
   US Trustee Quarterly Fees                                   -
   Court Costs                                                 -
                                                   -------------
   Total Disbursements                                 1,720,656
                                                   -------------
Net Cash Flow                                         $1,392,709
                                                   =============

                     About Sharper Image Corp.

Headquartered in San Francisco, California, Sharper Image Corp. --
http://www.sharperimage.com/-- is a multi-channel specialty
retailer.  It operates in three principal selling channels: the
Sharper Image specialty stores throughout the U.S., the Sharper
Image catalog and the Internet.  The company has operations in
Australia, Brazil and Mexico.  In addition, through its Brand
Licensing Division, it is also licensing the Sharper Image brand
to select third parties to allow them to sell Sharper Image
branded products in other channels of distribution.

The company filed for Chapter 11 protection on Feb. 19, 2008
(Bankr. D.D., Case No. 08-10322).  Judge Kevin Gross presides
over the case.  Harvey R. Miller, Esq., Lori R. Fife, Esq., and
Christopher J. Marcus, Esq., at Weil, Gotshal & Manges, LLP,
serve as the Debtor's lead counsel.  Steven K. Kortanek, Esq.,
and John H. Strock, Esq., at Womble, Carlyle, Sandridge & Rice,
P.L.L.C., serve as the Debtor's local Delaware counsel.

An Official Committee of Unsecured Creditors has been appointed in
the case.  Cooley Godward Kronish LLP is the Committee's lead
bankruptcy counsel.  Whiteford Taylor Preston LLC is the
Committee's Delaware counsel.

When the Debtor filed for bankruptcy, it listed total assets of
$251,500,000 and total debts of $199,000,000.  As of June 30,
2008, the Debtor listed $52,962,174 in total assets and
$39,302,455 in total debts.

The Court extended the exclusive period during which the Debtor
may file a Plan through and including Sept. 16, 2008.  Sharper
Image sought and obtained the Court's approval to change its name
to "TSIC, Inc." in relation to an an Asset Purchase Agreement by
the Debtor with Gordon Brothers Retail Partners, LLC, GB Brands,
LLC, Hilco Merchant Resources, LLC, and Hilco Consumer Capital,
LLC.

(Sharper Image Bankruptcy News, Issue No. 21; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or   
215/945-7000)  


STEVE & BARRY: 5 SB Manhattan Affiliates' Schedules
---------------------------------------------------
Five debtor-affiliates of Stone Barn Manhattan, LLC, formerly
Steve & Barry's Manhattan LLC, reported assets ranging from
$10,000,001 to $20,000,000;

Debtor                                Assets          Debts
------                             ------------    ------------
Stone Barn Illinois LLC             $17,393,185    $166,639,243
f/k/a Steve & Barry's Illinois
   LLC

Stone Barn California LLC            15,398,533     166,551,405
f/k/a Steve & Barry's California
   LLC

Stone Barn Florida LLC               12,722,829     166,446,247
f/k/a Steve & Barry's Florida
   LLC

Stone Barn Wisconsin LLC             12,510,815     166,474,849
f/k/a/ Steve & Barry's Wisconsin
   LLC

Stone Barn North Carolina LLC        10,219,372     166,501,329
f/k/a Steve & Barry's North
   Carolina LLC

                      About Steve & Barry's

Headquartered 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.  The discount clothing chain's
brands include 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 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. 14; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


STEVE & BARRY: 34 SB Manhattan Affiliates' Schedules
----------------------------------------------------
Thirty-four debtor-affiliates of Stone Barn Manhattan, LLC,
formerly Steve & Barry's Manhattan LLC, reported assets ranging
from $1,000,001 to $10,000,000:

Debtor                                Assets          Debts
------                             ------------    ------------
Swift Building Massachusetts         $9,081,674    $166,527,569
   LLC
f/k/a Steve & Barry's
   Massachusetts LLC

Stone Barn Georgia LLC                8,894,197     166,560,705
f/k/a Steve & Barry's Georgia
   LLC

Stone Barn South Carolina LLC         8,066,323     166,559,473
f/k/a Steve & Barry's South
   Carolina LLC

Stone Barn Indiana LLC                7,535,503     166,521,045
f/k/a Steve & Barry's Indiana
   LLC

Stone Barn Alabama LLC                7,426,722     166,703,786
f/k/a Steve & Barry's Alabama
   LLC

Stone Barn Colorado LLC               7,198,426     166,499,858
f/k/a Steve & Barry's Colorado
   LLC

Stone Barn Missouri LLC               6,614,199     166,557,058
f/k/a Steve & Barry's Missouri
   LLC

Steel Bolt LLC                        6,411,926     221,684,061
f/k/a Steve & Barry's LLC

Stone Barn Maryland LLC               5,290,877     166,365,276
f/k/a Steve & Barry's Maryland
   LLC

Stone Barn Minnesota LLC              4,967,982     166,482,694
f/k/a Steve & Barry's Minnesota
   LLC

Stone Barn Virginia LLC               4,862,240     166,487,894
f/k/a Steve & Barry's Virginia
   LLC

Stone Barn Tennessee LLC              4,821,345     166,366,035
f/k/a Steve & Barry's Tennessee
   LLC

Stone Barn Washington LLC             4,521,720     166,398,844
f/k/a Steve & Barry's Washington
   LLC

Stone Barn Kentucky LLC               4,298,569     166,439,075
f/k/a Steve & Barry's Kentucky
   LLC

Stone Barn New Jersey LLC             4,209,566     166,449,685
f/k/a Steve & Barry's New Jersey
   LLC

Stone Barn West Virginia LLC          4,129,516     166,580,925
f/k/a Steve & Barry's West
   Virginia LLC

Stone Barn CP LLC                     3,876,663     166,484,296
f/k/a Steve & Barry's CP LLC

Stone Barn Oakland LLC                3,660,867     166,417,036
f/k/a Steve & Barry's Oakland
   LLC

Stone Barn Nevada LLC                 3,583,899     166,365,798
f/k/a Steve & Barry's Nevada LLC

Stone Barn South Michigan LLC         3,320,959     166,435,959
f/k/a Steve & Barry's South
   Michigan LLC

Stone Barn Michigan LLC               3,237,613     166,398,374
f/k/a Steve & Barry's Michigan
   LLC

Stone Barn Iowa LLC                   3,195,540     166,432,041
f/k/a Steve & Barry's Iowa LLC

Stone Barn GLC LLC                    2,729,562     166,367,525
f/k/a Steve & Barry's GLC LLC

Stone Barn Nebraska LLC               2,615,017     166,456,479
f/k/a Steve & Barry's Nebraska
   LLC

Stone Barn Oklahoma LLC               2,411,653     166,379,158
f/k/a Steve & Barry's Oklahoma
   LLC

Stone Barn Maine LLC                  2,332,212     166,411,193
f/k/a Steve & Barry's Maine LLC

Stone Barn Connecticut LLC            2,154,171     166,471,340
f/k/a Steve & Barry's Connecticut
   LLC

Stone Barn Kansas LLC                 1,558,449     166,365,408
f/k/a Steve & Barry's Kansas LLC

Stone Barn Hawaii LLC                 1,396,626     166,365,123
f/k/a Steve & Barry's Hawaii LLC

Stone Barn Louisiana LLC              1,164,684     166,365,083
f/k/a Steve & Barry's Louisiana
   LLC

Stone Barn Utah LLC                   1,078,448     166,365,149
f/k/a Steve & Barry's Utah LLC

Stone Barn Idaho LLC                  1,063,247     166,365,083
f/k/a Steve & Barry's Idaho LLC

Stone Barn Arkansas LLC               1,055,243     166,395,878
f/k/a Steve & Barry's Arkansas
   LLC

Stone Barn Mississippi LLC            1,019,095     166,396,670
f/k/a Steve & Barry's Mississippi
   LLC

                      About Steve & Barry's

Headquartered 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.  The discount clothing chain's
brands include 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 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. 14; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


STEVE & BARRY: 18 SB Manhattan Affiliates' Schedules
----------------------------------------------------
Eighteen debtor-affiliates of Stone Barn Manhattan, LLC, formerly
Steve & Barry's Manhattan LLC, reported assets ranging from $0 to
$1,000,000:

Debtor                                Assets          Debts
------                             ------------    ------------
Stone Barn Arizona LLC                 $864,711    $166,365,083
f/k/a Steve & Barry's Arizona LLC

Stone Barn Industries Inc.              498,989     166,365,083
f/k/a S&B Industries Inc.

4004 LLC                                      0     166,365,083

Baller Brands LLC                             0     166,365,083

Favored Brands LLC                            0     166,365,083

Pro Air LLC                                   0     166,365,083

Star Band LLC                                 0     166,365,083

Steel Bolt Construction LLC                   0     166,365,083

Stellar Brands LLC                            0     166,365,083

Stone Barn International LLC                  0     166,365,083
f/k/a Steve & Barry's
   International LLC

Stone Barn Midwest LLC                        0     166,365,083
f/k/a Steve & Barry's Midwest LLC

Stone Barn New Mexico LLC                     0     166,365,083
f/k/a Steve & Barry's New Mexico
   LLC

Stone Barn Retail China LLC                   0     166,365,083
f/k/a S&B Retail China LLC

Stone Barn Retail India LLC                   0     166,365,083
f/k/a S&B Retail India LLC

Stone Barn Trading LLC                        0     166,365,083

Striking Brands LLC                           0     166,365,083

Swift Building LLC                            0     166,365,083

Symbolic Brands LLC                           0     166,365,083

                      About Steve & Barry's

Headquartered 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.  The discount clothing chain's
brands include 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 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. 14; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


VERTIS HOLDINGS: Files Monthly Operating Report for August 2008
---------------------------------------------------------------

             Vertis Holdings, Inc. and Subsidiaries
              Unaudited Consolidated Balance Sheet
                      As of August 31, 2008

ASSETS
Current Assets:
  Cash and cash equivalents                           $2,205,000
  Accounts receivable, net                           174,591,000
  Inventories                                         51,776,000
  Maintenance parts, net                              20,407,000
  Prepaid expenses and other current assets           34,341,000
                                                 ---------------
   Total Current Assets                              283,320,000

Property, plant and equipment, net                   306,592,000
Deferred financing costs, net                                  -
Other assets, net                                     20,732,000
                                                 ---------------
   Total assets                                     $610,644,000
                                                 ===============

LIABILITIES AND STOCKHOLDERS' DEFICIT          
Current Liabilities:                           
  Accounts payable                                   $99,538,000
  Compensation and benefits payable                   35,717,000
  Accrued interest                                    59,038,000
  Accrued income taxes                                   989,000
  Current portion of long-term debt                1,051,756,000
   Other current liabilities                          31,217,000
                                                 ---------------
   Total current liabilities                       1,278,254,000

Due to parent                                                  -
Long-term debt                                       544,717,000
Other long-term liabilities                           26,442,000
                                                 ---------------
   Total liabilities                               1,849,413,000

Stockholder's deficit:                               
  Preferred stock -- authorized 1,000 shares
   none issued                                                 -
  Common stock -- authorized 19,000 shares;          
   $0.01 par value; issued and outstanding           
   12,437 and 12,492 shares                              129,000
  Contributed capital                                384,730,000
  Accumulated deficit                             (1,615,114,000)
  Accumulated other comprehensive loss                (8,513,000)
                                                 ---------------
   Total stockholder's deficit                    (1,238,768,000)
                                                 ---------------
   Total Liabilities and Stockholder's Deficit      $610,645,000
                                                 ===============

               Vertis Holdings, Inc. and Subsidiaries
          Unaudited Consolidated Statement of Operations
                  Month Ended August 31, 2008

Revenue                                             $102,997,000

Operating expenses:
  Costs of production                                 83,299,000
  Selling, general and administrative                 12,752,000
  Restructuring charges                                  598,000
  Depreciation and amortization of intangibles         4,318,000
                                                 ---------------
   Total operating expenses                          100,968,000
                                                 ---------------
   Operating (loss) income                             2,029,000

Other expenses:
  Interest expense, net                               14,707,000
  Other, net                                           6,078,000
                                                 ---------------
   Total other expenses                               20,785,000
                                                 ---------------
  Loss before income tax expense                     (18,755,000)
  Income tax expense                                           -
                                                 ---------------
   Net loss                                         ($18,755,000)
                                                 ===============

                  Vertis, Inc. and Subsidiaries
               Unaudited Consolidated Balance Sheet
                      As of August 31, 2008

ASSETS
Current Assets:
  Cash and cash equivalents                           $2,205,000
  Accounts receivable, net                           174,591,000
  Inventories                                         51,776,000
  Maintenance parts, net                              20,407,000
  Prepaid expenses and other current assets           34,341,000
                                                 ---------------
   Total Current Assets                              283,321,000

Property, plant and equipment, net                   306,592,000
Deferred financing costs, net                                  -
Other assets, net                                     20,732,000
                                                 ---------------
   Total assets                                     $610,645,000
                                                 ===============

LIABILITIES AND STOCKHOLDERS' DEFICIT                
Current Liabilities:                                 
  Accounts payable                                   $99,538,000
  Compensation and benefits payable                   35,717,000
  Accrued interest                                    59,038,000
  Accrued income taxes                                   989,000
  Current portion of long-term debt                1,051,756,000
   Other current liabilities                          29,027,000
                                                 ---------------
   Total current liabilities                      $1,276,064,000

Due to parent                                          5,283,000
Long-term debt                                       291,143,000
Other long-term liabilities                           26,442,000
                                                 ---------------
   Total liabilities                               1,598,932,000

Stockholder's deficit:                               
  Preferred stock -- authorized 1,000 shares
   none issued                                                 -
  Common stock -- authorized 19,000 shares;          
   $0.01 par value; issued and outstanding           
   12,437 and 12,492 shares                                    -
  Contributed capital                                409,689,000
  Accumulated deficit                             (1,393,136,000)
  Accumulated other comprehensive loss                (4,840,000)
                                                 ---------------
   Total stockholder's deficit                      (988,287,000)
                                                 ---------------
   Total Liabilities and Stockholder's Deficit      $610,645,000
                                                 ===============

                   Vertis Inc. and Subsidiaries
          Unaudited Consolidated Statement of Operations
                   Month Ended August 31, 2008

Revenue                                             $102,997,000

Operating expenses:
  Costs of production                                 83,299,000
  Selling, general and administrative                 12,742,000
  Restructuring charges                                  598,000
  Depreciation and amortization of intangibles         4,318,000
                                                 ---------------
   Total operating expenses                          100,958,000
                                                 ---------------
   Operating (loss) income                             2,040,000

Other expenses:
  Interest expense, net                               11,924,000
  Other, net                                           5,574,000
                                                 ---------------
   Total other expenses                               17,498,000
                                                 ---------------
  Loss before income tax expense                     (15,458,000)
  Income tax expense                                           -
                                                 ---------------
   Net loss                                         ($15,458,000)
                                                 ===============

Barry C. Kohn, Vertis, Inc.'s chief financial officer, also
disclosed that for the period from July 15 to August 31, 2008,
these Debtor-entities made cash disbursements totaling
$128,696,806:

           Debtor Entity                  Amount
           -------------               ------------
           Vertis, Inc.                $123,371,583
           Webcraft Chemicals, LLC          793,134
           USA Direct LLC                 1,532,088

                     About Vertis Holdings Inc.

Headquartered in Baltimore, Maryland, Vertis Holdings, Inc. --
http://www.vertisinc.com/-- is a provider of targeted print     
advertising and direct marketing solutions to America's retail and
consumer services companies.  The company and its six affiliates
filed for Chapter 11 protection on July 15, 2008 (Bankr. D. Del.
Case No. 08-11460).  Gary T. Holtzer, Esq. and Stephen A.
Youngman, Esq. at Weil, Gotshal & Manges LLP represent as the
Debtors lead counsels and Mark D. Collins, Esq. and Michael Joseph
Merchant, Esq. at Richards Layton & Finger, P.A. represent as
their Delaware local counsels.  Lazard Freres & Co. LLC is the
company's financial advisors.  When the Debtors filed for
protection from their creditors they listed estimated assets
between $500 million and $1 billion and estimated debts of more
than 1 billion.

                            *********

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
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however, be complete or accurate.  The Monday Bond Pricing table
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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,
please contact Vito at Parcels, Inc., at 302-658-9911.  For
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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.  Julybien D. Atadero, Sheryl Joy P. Olano, Ronald C. Sy, Joel
Anthony G. Lopez, Cecil R. Villacampa, 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.

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