TCR_Public/090328.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, March 28, 2009, Vol. 13, No. 86

                            Headlines



ACCENTIA BIOPHARMA: Files Monthly Operating Report for February
ACCENTIA BIOPHARMA: Biovest Int'l Files February Operating Report
ACCEPTANCE INSURANCE: Earns $1,628,835 in February 2009
BH S&B: Posts $14,328,341 Net Loss from from Nov. 19 to Dec. 31
CHEMTURA CORP: Balance Sheet as of December 31

CONSTAR INTERNATIONAL: Posts $1,728,000 Net Loss in February
FREMONT GENERAL: Posts $9,908,504 Net Loss in February 2009
FRONTIER AIRLINES: Files Monthly Operating Report for February
GREEKTOWN HOLDINGS: Monthly Operating Report for January 2009
GREEKTOWN HOLDINGS: Amends Monthly Operating Report for December

MERISANT WORLDWIDE: Posts $4,497,549 Net Loss in January 2009
NEUMANN HOMES: Files Monthly Operating Report for January 2009
NEUMAN HOMES: Files Monthly Operating Report for February 2009
PFF BANCORP: Files Operating Report for January 2009
PFF BANCORP: Files Operating Report for Dec. 5 to Dec. 31 Period

PILGRIM'S PRIDE: Monthly Operating Report -- February 21, 2009
PROPEX INC: Files Monthly Operating Report -- February 1, 2009
REUNION INDUSTRIES: Posts $194,000 Net Loss in January 2009
SEMGROUP LP: Debtor's Monthly Operating Report for January 2009
SHARPER IMAGE: Posts $408,883 Net Loss in February 2009

SPECTRUM BRANDS: Monthly Operating Report -- February 3, 2009
TVIA INC: Posts $263,683 Net Loss in Month Ended February 28



                            *********

ACCENTIA BIOPHARMA: Files Monthly Operating Report for February
---------------------------------------------------------------
On March 20, 2009, Accentia Biopharmaceuticals, Inc. and certain
of its affiliates filed their unaudited combined monthly operating
report for the period February 1, 2009, through February 28, 2009,
with the United States Bankruptcy Court for the Middle District of
Florida, Tampa Division.

Their schedule of receipts and disbursements for February 2009,
showed:

     Funds at Jan. 1, 2009                  $322,421
     Total Receipts                          $46,481
     Total Funds Available for Operations   $368,903
     Total Disbursements                    $221,627
     Funds at Jan. 31, 2009                 $147,275

A full-text copy of the Debtors' monthly operating report for the
month ended February 28, 2008, is available at:

               http://researcharchives.com/t/s?3ab2

Headquartered in Tampa, Florida, Accentia BioPharmaceuticals Inc.
(Nasdaq: ABPI) -- http://www.accentia.net/-- is a vertically
integrated biopharmaceutical company focused on the development
and commercialization of drug candidates that are in late-stage
clinical development and typically are based on active
pharmaceutical ingredients that have been previously approved by
the FDA for other indications.  The company's lead product
candidate is SinuNase(TM), a novel application and formulation of
a known therapeutic to treat chronic rhinosinusitis.

Additionally, the company has acquired the majority ownership
interest in Biovest International Inc. and a royalty interest in
Biovest's lead drug candidate, BiovaxID(TM) and any other biologic
products developed by Biovest.  The company also has a specialty
pharmaceutical business, which markets products focused on
respiratory disease and an analytical consulting business that
serves customers in the biopharmaceutical industry.

Accentia Biopharmaceuticals and nine affiliates filed for
Chapter 11 protection on November 10, 2008 (Bankr. M. D. Florida,
Lead Case No. 08-17795).  Charles A. Postler, Esq., and Elena P.
Ketchum, Esq., at Stichter, Riedel, Blain & Prosser, in Tampa,
Florida, represent the Debtors as counsel.  The Official Committee
of Unsecured Creditors selected Paul J. Battista, Esq., at
Genovese Joblove & Battista, P.A. as its counsel.

Based in Tampa, Florida, Biovest International Inc. (OTC BB: BVTI)
-- http://www.biovest.com/-- is a pioneer in the development of
advanced individualized immunotherapies for life-threatening
cancers of the blood system.  Biovest is a majority-owned
subsidiary of Accentia Biopharmaceuticals Inc., with its remaining
shares publicly traded.

Biovest International Inc.'s consolidated balance sheet at
June 30, 2008, showed $5.9 million in total assets, $36.8 million
in total liabilities, and $4.6 million in non-controlling
interests in variable interest entities, resulting in a
$35.5 million total stockholders' deficit.


ACCENTIA BIOPHARMA: Biovest Int'l Files February Operating Report
-----------------------------------------------------------------
Biovest International Inc. and certain of its debtor-affiliates
filed with the U.S. Bankruptcy Court for the Middle District of
Florida on March 20, 2009, their unaudited combined monthly
operating report for the period February 1, 2009, through
February 28, 2009.

Their schedule of receipts and disbursements for February 2009,
showed:

     Funds at February 1, 2009              $421,313
     Total Receipts                         $578,100
     Total Funds Available for Operations   $999,413
     Total Disbursements                    $502,656
     Funds at February 28, 2009             $496,757

A full-text copy of Biovest International Inc. and its debtor-
affiliates' monthly operating report for February 2009 is
available for free at:

               http://researcharchives.com/t/s?3aa8

Headquartered in Tampa, Florida, Accentia BioPharmaceuticals Inc.
(Nasdaq: ABPI) -- http://www.accentia.net/-- is a vertically
integrated biopharmaceutical company focused on the development
and commercialization of drug candidates that are in late-stage
clinical development and typically are based on active
pharmaceutical ingredients that have been previously approved by
the FDA for other indications.  The company's lead product
candidate is SinuNase(TM), a novel application and formulation of
a known therapeutic to treat chronic rhinosinusitis.

Additionally, the company has acquired the majority ownership
interest in Biovest International Inc. and a royalty interest in
Biovest's lead drug candidate, BiovaxID(TM) and any other biologic
products developed by Biovest.  The company also has a specialty
pharmaceutical business, which markets products focused on
respiratory disease and an analytical consulting business that
serves customers in the biopharmaceutical industry.

Accentia Biopharmaceuticals and nine affiliates filed for
Chapter 11 protection on November 10, 2008 (Bankr. M. D. Florida,
Lead Case No. 08-17795).  Charles A. Postler, Esq., and Elena P.
Ketchum, Esq., at Stichter, Riedel, Blain & Prosser, in Tampa,
Florida, represent the Debtors as counsel.  The Official Committee
of Unsecured Creditors selected Paul J. Battista, Esq., at
Genovese Joblove & Battista, P.A. as its counsel.

Based in Tampa, Florida, Biovest International Inc. (OTC BB: BVTI)
-- http://www.biovest.com/-- is a pioneer in the development of
advanced individualized immunotherapies for life-threatening
cancers of the blood system.  Biovest is a majority-owned
subsidiary of Accentia Biopharmaceuticals Inc., with its remaining
shares publicly traded.

Biovest International Inc.'s consolidated balance sheet at
June 30, 2008, showed $5.9 million in total assets, $36.8 million
in total liabilities, and $4.6 million in non-controlling
interests in variable interest entities, resulting in a
$35.5 million total stockholders' deficit.


ACCEPTANCE INSURANCE: Earns $1,628,835 in February 2009
-------------------------------------------------------
Acceptance Insurance Companies Inc. filed with the U.S. Bankruptcy
Court for the District of Nebraska on March 10, 2009, its monthly
operating report for February 2009.

For the month ended February 28, 2009, Acceptance Insurance
Companies Inc. posted net income of $1,628,835 on net investment
income of $576.  Net income for the month included Equity in
operating expenses of AIC of $1,287,616, and Equity in unrealized
losses of securities of AIC of $371,080.

The Debtor reported total assets of $24,375,372, total liabilities
of $138,182,989, and stockholders' deficit of $113,807,617 as of
February 28, 2009.

A full-text copy of the Debtor's February 2009 monthly report is
available at:

               http://researcharchives.com/t/s?3acc

                  About Acceptance Insurance

Headquartered in Council Bluffs, Iowa, Acceptance Insurance
Companies, Inc. -- http://www.aicins.com/-- owns, either directly
or indirectly, several companies, one of which is an insurance
company that accounts for substantially all of the business
operations and assets of the corporate groups.

The company filed for Chapter 11 protection on January 7, 2005
(Bankr. D. Nebr. Case No. 05-80059).  The Debtor's affiliates --
Acceptance Insurance Services, Inc. and American Agrisurance, Inc.
-- each filed Chapter 7 petitions (Bankr. D. Nebr. Case Nos.
05-80056 and 05-80058) on January 7, 2005.  John J. Jolley, Esq.,
at Kutak Rock LLP, represents the Debtor in its restructuring
efforts.  Lawyers at McGrath North Mullin & Kratz PC, LLO
represent the Official Committee of Unsecured Creditors in
Acceptance Insurance's case.


BH S&B: Posts $14,328,341 Net Loss from from Nov. 19 to Dec. 31
---------------------------------------------------------------
BH S&B Holdings LLC, et al., filed with U.S. Bankruptcy Court for
the Southern District of New York on March 18, 2009, a
consolidated corporate monthly Ooerating report for the period
from November 19, 2008, through December 31, 2008.

For the period, the Debtors reported a net loss of $14,328,341 on
net revenue of $67,937,574.

At December 31, 2008, the Debtors had $175,487,453 in total
assets, $183,910,706 in total liabilities, and $8,423,253 in
stockholders' deficit.

A copy of the Debtors' monthly operating report for the period
from November 19, 2008, through December 31, 2008, is available
at: http://bankrupt.com/misc/BHS&B.NovDecMOR.pdf

                           About BH S&B

BH S&B Holdings LLC filed for bankruptcy protection together with
seven other affiliates on Nov. 19, 2008 (Bankr. S.D. N.Y. Lead
Case No. 08-14604).  The seven debtor-affiliates are BH S&B
Distribution LLC, BH S&B Lico LLC, BH S&B Retail LLC, BHY S&B
Intermediate Holdco LLC, Cubicle Licensing LLC, Fashion Plate
Licensing LLC, and Heritage Licensing LLC.

BH S&B was formed by investment firms Bay Harbour Management and
York Capital Management in August 2008 to acquire the business
operations and assets of bankrupt retailer Steve & Barry's for
$163 million in August 2008.  Steve and Barry's, based in Port
Washington, New York, was a specialty retailer of apparel and
accessories, selling, among other things, university apparel and
lifestyle brands, private-label casual clothing, and exclusive
celebrity endorsed apparel.

Steve & Barry's had 240 locations when it was bought and the new
owners had planned to cut that down to 173 stores.  BH S&B had
intended to operate certain Steve & Barry's stores as going
concerns and to liquidate inventory at other locations.  Since the
sale closing, however, for various reasons, including the general
health of the American economy and the state of the retail market
in particular, sales at all stores have been disappointing, and BH
S&B's revenue has suffered.  As a result, BH S&B was not in
compliance with certain covenants under their senior secured
credit facility and had no prospects for continued financing of
their business as a going concern.  In consultation with its
lenders, BH S&B decided the appropriate course of action to
maximize value for the benefit of all of its stakeholders was an
orderly liquidation in Chapter 11.

Bay Harbour Management is an SEC registered investment advisor
with significant experience in purchasing distressed companies
and effectuating their turnaround.  The firm's holdings have
included the retailer Barneys New York, the facilities based CLEC
Telcove, and the former Aladdin Casino, now operating on the Las
Vegas strip as the Planet Hollywood Resort and Casino following
its rebranding and turnaround.

York Capital Management is an SEC registered investment advisor
with offices in New York, London, and Hong Kong with more than
$15 billion in assets under management.  York Capital was founded
in 1991 and specializes in value oriented and event driven equity
and credit investments.

BH S&B is 100% owned by BHY S&B Intermediate Holdco LLC.

BH S&B and its affiliates' chapter 11 cases are presided over by
the Honorable Martin Glenn.  Joel H. Levitin, Esq., and Richard A.
Stieglitz, Jr., Esq., at Cahill Gordon & Reindel LLP, in New York,
serve as bankruptcy counsel to BH S&B and its affiliates.  RAS
Management Advisors LLC acts as restructuring advisors, and
Kurtzman Carson Consultants LLC as claims and notice agent.


CHEMTURA CORP: Balance Sheet as of December 31
----------------------------------------------

                      Chemtura Corporation
                 Audited Consolidated Balance Sheets
                    As of December 31, 2008

                          ASSETS

Cash and cash equivalents                           $68,000,000
Accounts receivable                                 392,000,000
Inventories                                         611,000,000
Other current assets                                184,000,000
                                                  -------------

Property, plant and equipment                       862,000,000
Goodwill                                            265,000,000
Intangible assets, net                              517,000,000
Other assets                                        165,000,000
                                                  -------------
                                                  1,809,000,000
                                                  -------------
Total Assets                                     $3,064,000,000
                                                  =============

             LIABILITIES AND STOCKHOLDERS' EQUITY

Short-term borrowings                                 3,000,000
Current portion of long-term debt                 1,178,000,000
Accounts payable                                    243,000,000
Accrued expenses                                    361,000,000
Income taxes payable                                 28,000,000
                                                --------------
                                                  1,813,000,000

Long-term Debt                                       23,000,000
Pension and post-retirement
health care liabilities                            508,000,000
Other liabilities                                   245,000,000
                                                  -------------
                                                    776,000,000

Common stock                                          3,000,000
Additional paid-in capital                        3,036,000,000
Accumulated deficit                              (2,189,000,000)
Accumulated other
comprehensive income (loss)                       (208,000,000)
Treasury stock at cost                             (167,000,000)
                                                  -------------
                                                    475,000,000
                                                 --------------
Total Liabilities and Stockholders' Equity       $3,064,000,000
                                                 ==============

                       About Chemtura Corp.

Based in Middlebury, Connecticut, Chemtura Corporation (CEM) --
http://www.chemtura.com/-- with 2008 sales of $3.5 billion, is a
global manufacturer and marketer of specialty chemicals, crop
protection products, and pool, spa and home care products.

Chemtura Corporation and 26 of its U.S. affiliates filed voluntary
petitions for relief under Chapter 11 on March 18, 2009 (Bankr.
S.D. N.Y. Case No. 09-11233).  M. Natasha Labovitz, Esq., at
Kirkland & Ellis LLP, in New York, serves as bankruptcy counsel.
Wolfblock LLP serves as the Debtors' special counsel.  The
Debtors' auditors and accountant are KPMG LLP; their investment
bankers are Lazard Freres & Co.; their strategic communications
advisors are Joele Frank, Wilkinson Brimmer Katcher; their
business advisors are Alvarez & Marsal LLC and Ray Dombrowski
serves as their chief restructuring officer; and their claims and
noticing agent is Kurtzman Carson Consultants LLC.

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


CONSTAR INTERNATIONAL: Posts $1,728,000 Net Loss in February
------------------------------------------------------------
Constar International Inc. and certain of its affiliates filed
their unaudited combined monthly operating report for the period
February 1, 2009, through February 28, 2009, with the U.S.
Bankruptcy Court for the District of Delaware.

Constar International Inc. reported a consolidated net loss of
$1,728,000 on net sales of $49,643,000 for the month of February
2009.

At February 28, 2009, Constar International Inc.'s consolidated
balance sheet showed $422,017,000 in total assets, $586,812,000 in
total liabilities, and $164,795,000 in stockholders' deficit.

A full-text copy of Constar International Inc.'s monthly operating
report for February, 2009 is available at:

               http://researcharchives.com/t/s?3ac2

Headquartered in Philadelphia, Pennsylvania, Constar International
Inc. (NASDAQ: CNST) -- http://www.constar.net/-- produces
polyethylene terephthalate plastic containers for food, soft
drinks and water.  The company provides full-service packaging
services.  The company and five of its affiliates filed for
Chapter 11 protection on Dec. 30, 2008 (Bankr. D. Del. Lead Case
No. 08-13432).  Bayard, P.A. represents the Debtors as counsel.
Wilmer Cutler Pickering Hale and Dorr LLP represents the Debtors
as co-counsel.  Goodwin Procter LLP, and Young, Conaway, Stargatt
& Taylor, LLP, are the Official Committee of Unsecured Creditors'
proposed counsel.


FREMONT GENERAL: Posts $9,908,504 Net Loss in February 2009
-----------------------------------------------------------
On March 16, 2009, Fremont General Corporation filed its monthly
operating report for the month ended February 28, 2009, with the
U.S. Trustee for the Central District of California.

Fremont General reported total assets of $493,284,615, total
liabilities of $348,420,491, and total equity of $144,864,124 at
February 28, 2009.

For the month, the Debtors reported a net loss of $9,908,504 and
generated zero revenues.

A full-text copy of the Debtor's February 2009 monthly operating
report is available for free at:

               http://researcharchives.com/t/s?3acd

                      About Fremont General

Based in Santa Monica, Calif., Fremont General Corp. (OTC: FMNTQ)
-- http://www.fremontgeneral.com/-- was a financial services
holding company with $8.8 billion in total assets at Sept. 30,
2007.  Fremont General ceased being a financial services holding
company on July 25, 2008, when its wholly owned bank subsidiary,
Fremont Reorganizing Corporation (f/k/a Fremont Investment & Loan)
completed the sale of its assets, including all of its 22
branches, and 100% of its $5.2 billion of deposits to
CapitalSource Bank.

Fremont General filed for Chapter 11 protection on June 18, 2008,
(Bankr. C.D. Calif. Case No. 08-13421).  Robert W. Jones, Esq.,
and J. Maxwell Tucker, Esq., at Patton Boggs LLP, Theodore
Stolman, Esq., Scott H. Yun, Esq., and Whitman L. Holt, Esq., at
Stutman Treister & Glatt, represent the Debtor as counsel.
Kurtzman Carson Consultants LLC is the Debtor's Noticing
Agent/Claims Processor.  Lee R. Bogdanoff, Esq., Jonathan S.
Shenson, Esq., and Brian M. Metcalf, at Klee, Tuchin, Bogdanoff &
Stern LLP, represent the Official Committee of Unsecured Creditors
as counsel.  The Debtor filed with the Court an amended schedule
of its assets and liabilities on Oct. 30, 2008, disclosing
$330,036,435 in total assets and $326,560,878 in total debts.


FRONTIER AIRLINES: Files Monthly Operating Report for February
--------------------------------------------------------------
On March 24, 2009, Frontier Airlines Holdings filed with the U.S.
Bankruptcy Court of New York its monthly operating report for the
month ending February 28, 2009.  Frontier Airlines issued this
press release:

   Frontier Airlines Holdings, Inc., reported an operating profit
   of $1.5 million for the month of February, Frontier's fourth
   consecutive monthly operating profit.  Frontier also reported a
   consolidated net loss of $3.2 million for the month.  The
   results were filed in the company's Monthly Operating Report
   for February 2009.

   Excluding non-cash mark-to-market fuel hedge transactions,
   Frontier would have reported an operating loss of $2.6 million.
   Further, excluding reorganization costs, the company would have
   reported a consolidated net loss of $4.8 million.

   Frontier's February financial results included:

   -- Reorganization costs of $2.6 million

   -- A realized loss on fuel hedge contracts of $4.5 million,
      which was almost completely offset by a mark-to-market gain
      of $4.1 million on fuel hedging activity

   Operational results for the month of February included:

   -- A 15.4 percent year-over-year mainline capacity reduction

   -- Mainline unit cost excluding fuel (CASM ex-fuel) of 6.45
      cents, a 5.5 percent reduction from the previous year

   -- Mainline total unit cost of 8.67 cents, a reduction of 13.0
      percent compared to February 2008

   -- Mainline passenger revenue (PRASM) of 8.26 cents, down 3.7
      percent from the prior year

   -- Mainline total unit revenue (RASM) 9.09 cents, 1.1 percent
      lower than February 2008

   "February is a tough month for all airlines," said Frontier
   president and chief executive officer Sean Menke, "but despite
   the anticipated seasonal reduction in traffic, the short 28-day
   month and the severely weakened economy, our ability to
   restructure our business allows us to produce very positive
   results in an extremely difficult economic environment.  The
   continuing trend of significant year-over-year improvement in
   our operating results is a clear indicator that the aggressive
   cost reductions we've implemented and our additional revenue
   initiatives have positioned us very well to meet the challenges
   of these difficult times."

   Menke pointed to the 5-plus percent decrease in the company's
   costs excluding fuel on a year-over-year basis despite a more
   than 15 percent reduction in capacity as proof that "the
   fundamentals of this company are solid."  He said that the
   February results and those of the previous three months ]
   "provide a positive backdrop for our discussions with potential
   investors as we seek to secure financing to emerge from
   bankruptcy later this year."

A full-text copy of Frontier Airlines' monthly operating report
for February 2009 is available at:

               http://researcharchives.com/t/s?3abd

                      About Frontier Airlines

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

Frontier Airlines 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.

Bankruptcy Creditors' Service, Inc., publishes Frontier Airlines
Bankruptcy News.  The newsletter tracks the Chapter 11 proceedings
of Frontier Airlines Inc. and its debtor-affiliates.
(http://bankrupt.com/newsstand/or 215/945-7000)


GREEKTOWN HOLDINGS: Monthly Operating Report for January 2009
-------------------------------------------------------------

                    Greektown Holdings, LLC
                         Balance Sheet
                    As of January 31, 2009

Assets
Cash                                                       $0
Inventory
Accounts receivable
Insider Receivables                                 3,442,586

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

Other Assets
Financing Fees                                              0
Notes receivables from affiliates                 444,100,008
Investments in affiliate                           (9,851,239)
                                                --------------
Total Assets                                      $437,691,355
                                                ==============

Liabilities and Stockholder's Equity
Postpetition liabilities:
Accounts payable                                           $0
Rent and lease payable                                      0
Wages and salaries                                          0
Taxes payable                                               0
Other                                               1,350,000
                                                --------------
Total postpetition liabilities                      1,350,000

Secured liabilities subject to postpetition
collateral or financing order                     130,134,244
All other secured liabilities                      313,965,764
                                                --------------
Total secured liabilities                         444,100,008

Prepetition liabilities:
Taxes and other priority liabilities                        0
Unsecured liabilities                             220,222,140
Discount on bonds                                           0
                                                --------------
Total prepetition liabilities                     220,222,140

Kewadin equity                                     (99,399,607)
Monroe equity                                      (87,697,011)
Owner's capital                                        488,947
Retained earnings prepetition                      116,601,907
Retained earnings postpetition                    (157,975,028)
                                                --------------
Total stockholders' equity                       (227,980,792)
Total liabilities                                 665,672,148
                                                --------------
Total Liabilities & Shareholders' Deficit         $437,691,355
                                                ==============

                    Greektown Holdings, LLC
                        Income Statement
             For the month ended January 31, 2009

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 January 31, 2009

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 January 31, 2009

Assets
Cash                                              $18,281,383
Inventory                                             556,578
Accounts receivable                                 4,827,842
Insider Receivables                                         0

Property and Equipment
Land and buildings                                504,329,621
Furniture, fixtures and equipment                  88,020,061
Accumulated depreciation                         (136,308,881)
Other current                                      24,351,855
Other long term                                    14,810,794
                                                --------------
Total Assets                                      $518,869,253
                                                ==============

Liabilities and Stockholder's Equity
Postpetition liabilities:
Accounts payable                                  $28,840,597
Rent and lease payable                                      0
Wages and salaries                                  2,311,729
Taxes payable                                         946,115
Other                                                 213,320
                                                --------------
Total postpetition liabilities                     32,311,761

Secured liabilities subject to postpetition
collateral or financing order                     130,134,244
All other secured liabilities                      313,965,764
                                                --------------
Total secured liabilities                         444,100,008

Prepetition liabilities:
Taxes and other priority liabilities                2,286,059
Unsecured liabilities                              46,111,851
Other                                               3,910,814
                                                --------------
Total prepetition liabilities                      52,308,724

Equity                                             47,646,499
Owner's capital                                             0
Retained earnings prepetition                      82,744,007
Retained earnings postpetition                   (140,241,746)
                                                --------------
Total stockholders' equity                         (9,851,240)
Total liabilities                                 528,720,493
                                                --------------
Total Liabilities & Shareholders' Deficit         $518,869,253
                                                ==============

                      Greektown Casino LLC
                        Income Statement
              For the month ended January 31, 2009

Total revenue/sales                                $25,951,425
Cost of sales                                        2,156,593
                                                --------------
Gross profit                                        23,794,832
Operating Expenses
Officer compensation                                   32,789
Salary expenses, other employees                    4,511,550
Employees benefits & pensions                       2,064,758
Payroll taxes                                         638,724
Other taxes                                           536,162
Rent and lease expense                                  5,072
Interest expense                                    2,216,668
Insurance                                             208,104
Automobile & truck expense                                  0
Utilities                                             260,513
Depreciation                                          774,845
Travel and entertainment                                9,032
Repairs and maintenance                                48,487
Advertising                                           406,622
Supplies, office expense, etc.                         20,169
Gaming taxes                                        6,416,206
G&A expenses                                        2,484,350
F&B expenses                                        1,086,524
MGCB Fee                                              833,605
Parking/other                                           5,130
Pre-opening expenses                                  358,219
                                                --------------
Total expenses                                     22,917,529

Net operating profit/(loss)                           877,303
Add: Non-operating income:
     Interest income                                     2,799
     Other income                                            0

Less: Non-operating expenses                                0
      Professional fees                              1,926,817
      Other                                            300,000
                                                --------------
Net Income/Loss                                    ($1,346,715)
                                                ==============

                      Greektown Casino LLC
                       Cash Flow Statement
              For the month ended January 31, 2009

Cash - beginning of month                           $9,930,929

Receipts                                           27,427,279
Balance available                                  37,358,208
                                                --------------
Less disbursements                                 31,531,291
                                                --------------
Cash - end of month                                 $5,826,917
                                                ==============

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


GREEKTOWN HOLDINGS: Amends Monthly Operating Report for December
----------------------------------------------------------------
Greektown Holdings, LLC, and its affiliates amended the monthly
operating report of Greektown Casino LLC for the period ended
December 31, 2008, to reflect certain audit adjustments, which
were recorded subsequent to the preparation of the MOR.

Specifically, these adjustments were recorded:

  (1) Goodwill and indefinite-lived intangible assets must be
      reviewed for impairment at least annually or more
      frequently if impairment indicators are present.  In the
      fourth quarter of 2008, Casino determined that the general
      decline in consumer spending as a result of the
      deteriorating economic conditions in the United States and
      the resulting impact on the gaming markets negatively
      affected the Company's projected results of operations.
      Given the current uncertainties in the gaming markets,
      coupled with the Company's bankruptcy filing, management
      determined that the Casino Development Rights of the
      Company were impaired.  Accordingly, during December 2008,
      the Debtors impaired the asset in its entirety.  As a
      result, Casino recorded an impairment charge of
      $128,240,446 in its statement of operations.

  (2) Casino increased its reserve for bad debt and decreased
      other revenue by $146,906 related to rent due from one of
      it former tenants, Sweet Georgia Brown.  The tenant was
      recently evicted and it was determined that the
      outstanding rent was uncollectible.  As a result, Casino
      recorded the charge.

The Debtors note that the MORs of Greektown Holdings LLC, Monroe
Partners LLC and Kewadin Greektown Casino LLC for the period
ended December 31, 2008 have been amended to reflect the flow
through of the amendments made at the Casino level.

Copies of the Amended MORs are available for free at:

        http://bankrupt.com/misc/GrktnCasAmendMOR.pdf

        http://bankrupt.com/misc/GrktnHolAmendDECMOR.pdf

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


MERISANT WORLDWIDE: Posts $4,497,549 Net Loss in January 2009
-------------------------------------------------------------
Merisant Worldwide Inc., et al., filed with the U.S. Bankruptcy
Court for the District of Delaware on March 20, 2009, a monthly
operating report for the month ended January 31, 2009.

At January 31, 2009, the Debtors had total assets of $311,949,000,
total liabilities of $737,270,000, and stockholders' deficit of
$425,321,000.

The Debtors reported a consolidated net loss of $4,497,549 and
generated net sales of $6,710,348.

                     About Merisant Worldwide

Headquartered in Chicago, Illinois, Merisant Worldwide Inc. --
http://www.merisant.com/-- sell low-calorie tabletop sweetener.
The Debtor's brands are Equal(R) and Canderel(R).  The Debtor has
principal regional offices in Mexico City, Mexico; Neuchatel,
Switzerland; Paris, France; and Singapore.   In addition, the
Debtor owns and operates manufacturing facilities in Manteno,
Illinois, and Zarate, Argentina, and own processing lines that are
operated exclusively for the Debtor at plants located in Bergisch
and Stendal, Germany and Bangkrason, Thailand.

As of March 28, 2008, the Debtor has 20 active direct and indirect
subsidiaries, including five subsidiaries in the United States,
six subsidiaries in Europe, five subsidiaries in Mexico, Central
America and South America, and three subsidiaries in the Asia
Pacific region, including Australia and India.  Furthermore, the
Debtor's Swiss subsidiary holds a 50% interest in a joint
venture in the Philippines.

Merisant Worldwide holds 100% interest in Merisant Company.

The Company and five of its units filed for Chapter 11 protection
on January 9, 2009 (Bankr. D. Del. Lead Case No. 09-10059).
Sidley Austin LLP represents the Debtors' in their restructuring
efforts.  Young, Conaway, Stargatt & Taylor LLP represents the
Debtors' as co-counsel.  Blackstone Advisory Services LLP is the
Debtors' financial advisor.  Epiq Bankruptcy Solutions, LLC is the
Debtors' Claims and Noticing Agent.  Winston & Strawn LLP
represents the Official Committee of Unsecured Creditors as
counsel.  Ashby & Geddes, P.A. is the Committee's Delaware
counsel.  The Debtors have $331,077,041 in total assets and
$560,742,486 in total debts as of Nov. 30, 2008.


NEUMANN HOMES: Files Monthly Operating Report for January 2009
--------------------------------------------------------------

                 Neumann Homes Inc., et al.
                 Receipts and Disbursements
                Month Ended January 31, 2009

Beginning Balance in All Accounts
Neumann Citibank Operating Account                      297,118
Neumann Bank of America - old accounts (various)              -
Neumann Citibank - Customer Earnest Money Acct               15
Neumann Citibank - Funding/Dip Acct                      52,530
Neumann Petty Cash Account                                  778
Neumann Citibank - Dip Funding - Professional Acct            -
Restricted - Neumann Citibank - Glen at Lakemoor
EM Acct                                                  1,230
Neumann Citibank-Clublands Antioch Clubhouse            157,972
Restricted - IndyMac Escrow Acct - NeuVillage           125,609
Restricted - Chicago Title Escrow Acct -
Closed Homes                                           224,435
Restricted - Chicago Title Escrow Acct ?
Lender Funded                                        1,377,147
Restricted - Citibank - Worker Comp Escrow                8,234
Restricted - NHI KERP Account                            34,826
Restricted - Land Title Guarantee Escrow                      -
                                                 --------------
                                                     $2,279,897

Receipts:
Operating Acct                                           17,188
Customer Earnest Money Acct-Ckg                               -
Customer Earnest Money Acct-MM                                -
Funding/Dip Account                                           -
Neumann Petty Cash Account                                    -
Glen at Lakemoor EM acct                                      0
Clublands Antioch Clubhouse acct                            153
Dip Funding - Professional Acct                               -
Restricted Escrow held by CTT-Lender Funding                  -
IndyMac Escrow for L/C-Leona's Neu Village                    -
Restricted Escrow held by CTT-(closings)                      -
NHI Worker Comp Escrow                                        -
NHI KERP Account                                              -
Other Receipts - Employee Health Plan Contribution
                                                 --------------
                                                        $17,343

Disbursements:
Net Payroll:
Officers                                                     -
Others                                                 (19,819)
                                                 --------------
                                                        (19,819)

Taxes:
Federal Income Tax Withholding                          (3,134)
FICA/Medicare Withholdings EE                           (1,959)
Employer's FICA/Medicare ER                             (1,959)
Federal Unemployment Taxes ER                             (155)
State Income Tax Withholding                              (698)
State Unemployment Taxes ER                             (1,785)
                                                 --------------
                                                         (9,692)

Necessary expenses:
Rent or mortgage payment(s)                             (3,546)
Utilities & phones                                         (79)
Insurance
Merchandise/services bought for manufacture or sale          -
Other:
   Payroll Services                                        (411)
   Benefit Related including flex spending                    -
   Miscellaneous
   Mileage                                                  (94)
   Postage, shipping, copying                              (308)
   Worker Comp Claims                                         -
   House Trades                                               -
   Other - Transfer                                        (325)
   Supplies & Storage & Misc.                                 -
   Temporary Labor                                            -
   Release of homeowner escrows                               -
   Consulting services                                  (29,310)
   US Trustee Fees                                       (6,175)
   Legal - Professional Fees                               (574)
   Professional tax service fees                              -
   Filing Fees, Extension Fees                             (750)
   Payroll tax adjustment                                     -
                                                 --------------
                                                       ($41,574)

Total Disbursements:                                    (71,086)
Net Receipts (Disbursements) for the
Current Period                                         (53,743)
                                                 --------------
Ending Balance in All Accounts                       $2,226,154
                                                 ==============


                       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 has built more than 11,000 homes in some
150 residential communities.  The company offers 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 from its creditors, they listed
assets and debts of more than $100 million.

(Neumann Bankruptcy News, Issue No. 28; Bankruptcy Creditors'
Services Inc. http://bankrupt.com/newsstand/or 215/945-7000)


NEUMAN HOMES: Files Monthly Operating Report for February 2009
--------------------------------------------------------------

                  Neumann Homes Inc., et al.
                  Receipts and Disbursements
                 Month Ended February 28, 2009

Beginning Balance in All Accounts
Neumann Citibank Operating Account                      243,220
Neumann Bank of America - old accounts (various)              -
Neumann Citibank - Customer Earnest Money Acct               15
Neumann Citibank - Funding/Dip Acct                      52,530
Neumann Petty Cash Account                                  778
Neumann Citibank - Dip Funding - Professional Acct            -
Restricted - Neumann Citibank - Glen at Lakemoor
EM Acct                                                  1,230
Neumann Citibank - Clublands Antioch Clubhouse          158,126
Restricted - IndyMac Escrow Acct - NeuVillage           125,609
Restricted - Chicago Title Escrow Acct -
Closed Homes                                           224,435
Restricted - Chicago Title Escrow Acct -
Lender Funded                                        1,377,147
Restricted - Citibank - Worker Comp Escrow                8,234
Restricted - NHI KERP Account                            34,826
Restricted - Land Title Guarantee Escrow                      -
                                                 --------------
                                                     $2,226,154

Receipts:
Operating Acct                                          479,145
Customer Earnest Money Acct-Ckg                               -
Customer Earnest Money Acct-MM                                -
Funding/Dip Account                                           -
Neumann Petty Cash Account                                    -
Glen at Lakemoor EM acct                                      0
Clublands Antioch Clubhouse acct                            118
Dip Funding - Professional Acct                               -
Restricted Escrow held by CTT-Lender Funding                  -
IndyMac Escrow for L/C-Leona's Neu Village                    -
Restricted Escrow held by CTT-(closings)                      -
NHI Worker Comp Escrow                                        -
NHI KERP Account                                              -
Other Receipts - Employee Health Plan Contribution
                                                 --------------
                                                       $479,263

Disbursements:
Net Payroll:
Officers                                                     -
Others                                                 (22,375)
                                                 --------------
                                                        (22,375)
Taxes:
Federal Income Tax Withholding                          (3,322)
FICA/Medicare Withholdings EE                           (2,193)
Employer's FICA/Medicare ER                             (2,193)
Federal Unemployment Taxes ER                              (89)
State Income Tax Withholding                              (782)
State Unemployment Taxes ER                             (1,120)
                                                 --------------
                                                        ($9,702)

Necessary expenses:
Rent or mortgage payment(s)                             (7,093)
Utilities & phones                                      (1,755)
Insurance                                              (16,545)
Merchandise/services bought for
   manufacture or sale
Other:
   Payroll Services                                      (1,027)
   Benefit Related including flex spending
   Miscellaneous
   Mileage                                                 (540)
   Postage, shipping, copying
   Worker Comp Claims
   House Trades
   Other - Transfer
   Supplies & Storage & Misc.
   Temporary Labor
   Release of homeowner escrows
   Consulting services                                  (42,663)
   US Trustee Fees
   Legal - Professional Fees                           (243,941)
   Professional tax service fees
   Filing Fees, Extension Fees
   Payroll tax adjustment -
                                                 --------------
                                                       (313,568)

Total Disbursements:                                   (345,645)
Net Receipts (Disbursements) for the
Current Period                                         133,618
                                                 --------------
Ending Balance in All Accounts                       $2,359,772
                                                 ==============

                       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 has built more than 11,000 homes in some
150 residential communities.  The company offers 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 from its creditors, they listed
assets and debts of more than $100 million.

(Neumann Bankruptcy News, Issue No. 28; Bankruptcy Creditors'
Services Inc. http://bankrupt.com/newsstand/or 215/945-7000)


PFF BANCORP: Files Operating Report for January 2009
----------------------------------------------------
On February 26, 2009, PFF Bancorp, Inc., and its debtor-affiliates
filed their monthly operating reports for the period January 1,
2009, to January 31, 2009, with the U.S. Bankruprtcy Court for the
District of Delaware.

PFF Bancorp, Inc. reported a net loss of $305,032 on zero revenue
for the month ended January 31, 2009.

At January 31, 2009, PFF Bancorp, Inc. had total assets of
$159,929,311, total liabilities of $117,430,056, and total equity
of $42,499,255.

A full-text copy of the Debtors' monthly operating report for the
month ended January 31, 2009, is available at:

               http://researcharchives.com/t/s?3acb

PFF Bancorp Inc. -- https://www.pffbank.com -- operates a
community bank provides an array of financial services.

PFF Bancorp, Inc., and its debtor-affiliates files for Chapter 11
protection on Dec. 5, 2008, (Bankr. D. Del. Case No.: 08-13127 to
08-13131) Paul Noble Heath, Esq. at Richards, Layton & Finger PA
represents the Debtor in their restructuring efforts.  Kurtzman
Carson Consultants LLC serves as the Debtors' Claims Agent.  When
they filed for protection from their creditors, the Debtors listed
total assets of $7,779,964 and estimated liabilities of
$131,730,000.


PFF BANCORP: Files Operating Report for Dec. 5 to Dec. 31 Period
----------------------------------------------------------------
On February 19, 2009, PFF Bancorp, Inc., and its debtor-affiliates
filed their monthly operating reports for the period December 5,
2008, to December 31, 2008, with the U.S. Bankruptcy Court for the
District of Delaware.

PFF Bancorp reported net income of $157,942 on zero revenue for
the period December 5, 2008, to December 31, 2008.

At December 31, 2008, PFF Bancorp had total assets of
$160,265,176, total liabilities of $117,460,888, and total equity
of $42,804,288.

A full-text copy of the Debtors' monthly operating report for the
period December 5, 2008, to December 31, 2008, is available at:

               http://researcharchives.com/t/s?3aca

PFF Bancorp Inc. -- https://www.pffbank.com -- operates a
community bank provides an array of financial services.

PFF Bancorp, Inc. and its debtor-affiliates files for Chapter 11
protection on Dec. 5, 2008, (Bankr. D. Del. Case No.: 08-13127 to
08-13131) Paul Noble Heath, Esq. at Richards, Layton & Finger PA
represents the Debtor in their restructuring efforts.  Kurtzman
Carson Consultants LLC serves as the Debtors' Claims Agent.  When
they filed for protection from their creditors, the Debtors listed
total assets of $7,779,964 and estimated liabilities of
$131,730,000.


PILGRIM'S PRIDE: Monthly Operating Report -- February 21, 2009
--------------------------------------------------------------

                  Pilgrim's Pride Corporation
                         Balance Sheet
                     As of February 21, 2009

                            ASSETS

Current Assets:
Cash
Unrestricted                                       $13,969,884
Restricted                                           6,664,346
Accounts receivable - net                           303,084,833
Intercompany accounts receivable                    216,003,276
Inventory                                           750,210,907
Notes receivable                                              0
Prepaid expenses                                     15,347,452
                                                 --------------
Total current assets                              1,305,280,698

Property, plant and equipment                     1,320,088,491
Other assets                                                  -
Less: Accumulated depreciation                      725,890,871
                                                 --------------
Net Property, Plant & Equipment                     594,197,619

Other assets                                      1,339,640,821
                                                 --------------
Total assets                                     $3,239,119,138
                                                 ==============

                          LIABILITIES

Postpetition Liabilities:
Accrued expenses                                              -
Taxes payable                                       $13,270,147
Notes payable (DIP Financing)                       105,691,797
Professional fees (accrued est)                       8,730,000
Secured debt (accrued int)                           13,653,490
other                                               214,922,160
                                                 --------------
Total postpetition liabilities                     $356,267,594

Prepetition liabilities:
Secured debt                                      1,366,824,858
Priority debt                                           847,669
Unsecured debt                                      822,450,478
Other                                               644,262,391
                                                 --------------
Total prepetition liabilities                     2,834,385,396

                    About Pilgrim's Pride Corp.

Headquartered in Pittsburgh, Texas, Pilgrim's Pride Corporation
(Pink Sheets: PGPDQ) -- http://www.pilgrimspride.com/-- produces,
distributes and markets poultry processed products through
retailers, foodservice distributors and restaurants in the U.S.,
Mexico and in Puerto Rico.  In addition, the company owns 34
processing plants in the United States and 3 processing plants in
Mexico.  The processing plants are supported by 42 hatcheries, 31
feed mills and 12 rendering plants in the United States and 7
hatcheries, 4 feed mills and 2 rendering plants in Mexico.
Moreover, the company owns 12 prepared food production facilities
in the United States.  The company employs about 40,000 people and
has major operations in Texas, Alabama, Arkansas, Georgia,
Kentucky, Louisiana, North Carolina, Pennsylvania, Tennessee,
Virginia, West Virginia, Mexico, and Puerto Rico, with other
facilities in Arizona, Florida, Iowa, Mississippi and Utah.

Pilgrim's Pride Corp. and six other affiliates filed Chapter 11
petitions on December 1, 2008 (Bankr. N.D. Tex. Lead Case No.
08-45664).  The Debtors' operations in Mexico and certain
operations in the United States were not included in the filing
and continue to operate as usual outside of the Chapter 11
process.

Pilgrim's Pride has engaged Stephen A. Youngman, Esq., Martin A.
Sosland, Esq., and Gary T. Holzer, Esq., at Weil, Gotshal & Manges
LLP, as bankruptcy counsel.  The Debtors have also tapped Baker &
McKenzie LLP as special counsel.  Lazard Freres & Co., LLC is the
company's investment bankers and William K. Snyder of CRG Partners
Group LLC as chief restructuring officer.  The company's claims
and noticing agent is Kurtzman Carson Consulting LLC.

A nine-member committee of unsecured creditors has been appointed
in the case.

As of December 27, 2008, the Company had $3,215,103,000 in total
assets, $612,682,000 in total current liabilities, $225,991,000 in
total long-term debt and other liabilities, and $2,253,391,000 in
liabilities subject to compromise.

Bankruptcy Creditors' Service, Inc., publishes Pilgrim's Pride
Bankruptcy News.  The newsletter tracks the chapter 11 proceeding
of Pilgrim's Pride Corp. and its various affiliates.
(http://bankrupt.com/newsstand/or 215/945-7000)


PROPEX INC: Files Monthly Operating Report -- February 1, 2009
--------------------------------------------------------------

                        Propex Inc.
         Unaudited Condensed Consolidated Balance Sheet
                   As of February 1, 2009

ASSETS:
Current Assets:
   Cash and cash equivalents                        $34,000,000
   Restricted Cash                                      600,000
   Accounts Receivable, net                          53,100,000
   Accounts Receivable claims - prepetition                   0
   Inventories, net                                  78,200,000
   Deferred income taxes                              8,700,000
   Prepaid expenses and other current assets         22,400,000
   Assets held for sale                               6,200,000
                                                   ------------
Total current assets                                203,200,000

Other assets:
   Goodwill                                                   0
   Intangible assets, net                            15,700,000
   Deferred income taxes                                      0
   Investment in subsidiaries                                 0
   Intercompany notes receivable                              0
   Other assets                                       8,300,000
                                                   ------------
Property, plant and equipment, net                  185,400,000
                                                   ------------
Total assets                                       $412,600,000
                                                   ============

LIABILITIES AND STOCKHOLDER'S EQUITY
Current liabilities:
Prepetition
   Accounts payable                                  $8,000,000
   Accrued liabilities                                1,000,000
   Current portion of debt and accrued interest     382,200,000
   Accrued pension obligations                                0
   Restructuring and other similar costs                700,000
   Other current liabilities                            300,000
Postpetition
   Accounts payable                                  13,400,000
   Accrued liabilities                               17,500,000
   Current portion of debt and accrued interest      15,900,000
   Accrued pension obligations                                0
   Restructuring and other similar costs                800,000
   Other current liabilities                          1,300,000
                                                   ------------
Total current liabilities                           441,100,000

Non-current liabilities:
Prepetition
   Accrued pension and other postretirement
   benefit liabilities                               15,800,000
   Other  non-current liabilities                             0
Postpetition
   Intercompany notes payable                                 0
   Debt, less current portion                                 0
   Deferred income taxes                             11,300,000
   Accrued pension and other postretirement
   benefit liabilities                               25,000,000
   Other non-current liabilities                      2,100,000
                                                   ------------
  Total non-current liabilities                      54,200,000

  Total stockholder's equity
   Common stock                                               0
   Paid-in capital                                   96,400,000
   Accumulated other comprehensive income            (9,500,000)
   Retained earnings - prior year                  (166,800,000)
   Retained earnings - current year                  (2,800,000)
                                                   ------------
  Total stockholder's equity                        (82,700,000)
                                                   ------------
Total Liabilities and stockholder's equity        $412,600,000
                                                   ============

                         Propex Inc.
   Unaudited Condensed Consolidated Statements of Operations
               For Month Ended February 1, 2009

Net revenue                                          $30,000,000
Cost of sales                                         24,300,000
                                                   ------------
   Gross profit                                       5,700,000

Operating expenses:
   Selling, general and administrative                5,200,000
   Other(income) expense, net                           100,000
   Add Back depreciation and amortization             2,300,000

EBITDA                                               2,700,000
   Depreciation & Amortization                        2,300,000
   Interest expense                                   2,100,000
   Restructuring and similar costs                    1,100,000
   Non-cash pension and other expense                         0
   Other non-operating expense(income)
     Impairment of property, plant and equipment              0
     Pension curtailment(gain), net of settlement loss        0
     Debt forgiveness                                         0
     Other                                                    0
   Equity(income) loss from sub-earnings                      0
                                                   ------------
  Income(loss) before income taxes                   (2,800,000)
     Income tax provision (benefit)                           0
                                                   ------------
Net income (loss)                                  ($2,800,000)
                                                   ============

                         Propex Inc.
                  Statement of Cash Flows
               For Month Ended February 1, 2009

Cash flows from operating activities
  Net income(loss)                                  ($2,800,000)

  Adjustments to reconcile, net income to net cash
  provided by (used) in operating activities:
   Depreciation and amortization                      2,300,000
   Non-cash interest on debt                                  0
   Amortization of bank fees                                  0
   Net gain on dispositions of property and
   and equipment                                              0
   Stock-based compensation                                   0
   Impairment of property, plant and equipment                0
   Impairment of goodwill                                     0
   Impairment of intangibles                                  0
   Pension and post-retirement benefit cost             200,000
   Deferred income taxes                                      0
  Changes in operating assets and liabilities
   Decrease(increase) in assets-prepetition                   0
   Decrease(increase) in assets-postpetition         (5,200,000)
   (Decrease) increase in liabilities-prepetition             0
   (Decrease)increase in liabilities-postpetition     3,500,000
                                                   ------------
Net cash provided (used) by operating activities    (2,000,000)

Cash flows from investing activities
   Capital expenditures                                (100,000)
   Proceeds from sale of property and equipment               0
   Acquisition of business(net of cash acquired)              0
                                                   ------------
     Net cash used in investing activities             (100,000)
Cash flows from financing activities
   Payments of long-term debt principal                       0
   Proceeds from issuance of debt                             0
   Payment of revolving debt                        (32,000,000)
   Proceeds from revolving debt                      10,000,000
   Debt issuance costs                                        0
   Dividends                                                  0
   Net receipts from unconsolidated parent company            0
   Activity with Affiliates                                   0
                                                  -------------
Net cash provided by (used in) financing activ.    (22,000,000)
   Effect of changes in foreign exchange rates on
    cash and cash equivalents                          (200,000)
                                                   ------------
  Change in cash and cash equivalents               (24,300,000)
                                                   ------------
  Cash and cash equivalents-beginning period         58,300,000
                                                   ------------
  Cash and cash equivalents- end period             $34,000,000
                                                   ============

                       About Propex Inc.

Headquartered in Chattanooga, Tennessee, Propex Inc. --
http://www.propexinc.com/-- produces geosynthetic, concrete,
furnishing, and industrial fabrics and fiber.  It also produces
primary and secondary carpet backing.  Propex operates in North
America, Europe, and Brazil.

The company and its debtor-affiliates filed for Chapter 11
protection on Jan. 18, 2008 (Bankr. E.D. Tenn. Case No.
08-10249).  The Debtors have selected Edward L. Ripley, Esq.,
Henry J. Kaim, Esq., and Mark W. Wege, Esq. at King & Spalding, in
Houston, Texas, to represent them.  The Official Committee of
Unsecured Creditors have tapped Ira S. Dizengoff, Esq., at Akin
Gump Strauss Hauer & Feld, LLP, in New York, to be its counsel.

Propex Inc., and its affiliates delivered to the Court a Joint
Plan of Reorganization and Disclosure Statement on October 29,
2008.  Propex's exclusive period to solicit acceptances of the
Plan expires Dec. 29, 2008.

As of June 29, 2008, the Debtors' balance sheet showed total
assets of US$562,700,000, and total debts of US$551,700,000.

The Debtors have filed their Disclosure Statement and Plan of
Reorganization on October 29, 2008.

Bankruptcy Creditors' Service, Inc., publishes Propex Bankruptcy
News.  The newsletter tracks the chapter 11 proceedings
undertaken by Propex Inc. and its various affiliates.
(http://bankrupt.com/newsstand/or 215/945-7000)


REUNION INDUSTRIES: Posts $194,000 Net Loss in January 2009
-----------------------------------------------------------
Reunion Industries, Inc., posted a net loss of $194,000 on net
sales $1,291,000 for the month of January 2009.

As of January 31, 2009, the Debtor had $22,589,000 in total
assets, $9,083,000 in total liabilities, and $13,506,000 in total
stockholders' equity.

A full-text copy of the Debtor's January 2009 monthly operating
report is available for free at:

               http://researcharchives.com/t/s?3abb

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


SEMGROUP LP: Debtor's Monthly Operating Report for January 2009
---------------------------------------------------------------

                     SemCrude, L.P., et al.
                  Consolidated Balance Sheet
                    As of January 31, 2009

Cash                                               $607,029,000
Accounts receivable                                 790,656,000
Receivable from affiliate                           131,503,000
Inventories                                         176,146,000
Derivative asset                                     14,962,000
Margin deposits                                       7,501,000
Income taxes receivable                                       -
Deferred tax asset                                            -
Other current assets                                 33,490,000
Intercompany                                                  -
                                                 --------------
Total current assets                              1,761,267,000
                                                 --------------

Property, plant and equipment                       600,640,000
Accumulated depreciation                           (130,048,000)
Pipeline linefill                                    19,670,000
                                                 --------------
Net property, plant and equipment                   490,262,000

Investment in subsidiaries                          339,343,000
Long-term derivative assets                                   -
Goodwill                                             54,277,000
Investment in affiliates                            121,394,000
Note receivable - CAMS                              213,872,000
Deferred tax asset                                            -
Other assets, net                                    91,170,000
                                                 --------------
Total assets                                     $3,071,605,000
                                                 ==============

Subject to Compromise
Accounts payable                                   $920,123,000
Accrued liabilities                               1,103,354,000
Current portion of long-term debt                   150,000,000
                                                 --------------
Total current liabilities                         2,173,477,000

Revolver facility                                   665,000,000
Working capital facility                          1,627,921,000
Term B notes                                        141,274,000
Senior notes                                        600,000,000
Pension obligations                                  13,888,000

Not Subject to Compromise
Accounts payable                                    $36,459,000
Accrued liabilities                                  51,025,000
Deferred revenue                                      1,126,000
Derivative liabilities                                7,344,000
Current portion of long-term debt                   129,021,000
                                                 --------------
Total current liabilities                           224,975,000

Capital lease obligations                             1,073,000
Deferred tax liability                               20,000,000
DIP credit facility                                           -
Investment in affiliates                            594,957,000
Other long-term liabilities                             613,000
Accum. other comprehensive income                   (43,364,000)
Partners' capital                                (2,928,229,000)
                                                 --------------
Total partners' capital                          (2,971,593,000)
                                                 --------------
Total liabilities and partners' capital          $3,071,605,000
                                                 ==============

                    SemCrude, L.P., et al.
            Consolidated Statement of Operations
                Month Ended January 31, 2009

Sales
Operating Outside Sales
Product Sales                                      $104,724,000
Services                                              2,806,000
Other Operating Revenue                                 246,000
                                                 --------------
Total Outside Operating Sales                       107,776,000

Trading Activity                                       (331,000)
                                                 --------------
Total Outside Operating Revenue                     107,445,000

Operating Revenue InterCompany                       11,725,000
Total Operating Revenue                             119,170,000
Unrealized G/L on Derivatives                        (3,716,000)
                                                 --------------
Total Revenue                                       115,454,000

Cost of Goods Sold
COGS - Products                                          87,779
COGS - Transportation & Fuel                              3,832
COGS - Other                                                 61
                                                 --------------
Total Outside Cost of Goods Sold                     91,672,000

COGS InterCompany                                    10,565,000
                                                 --------------
Total Cost of Sales                                 102,237,000

Gross Profit                                         13,217,000

Operating Expenses
Wages & Benefits                                      2,742,000
Field Expenses                                        1,258,000
Maintenance & Repairs                                   193,000
Outside Services                                        316,000
Property & Equipment Leases & Rents                   6,230,000
Insurance Permits Licenses Taxes                        587,000
Office                                                  170,000
Travel Lodging Meetings                                 117,000
Other                                                  (263,000)
                                                 --------------
Total Operating Expenses                             11,350,000

General & Administrative Expenses
Wages & Benefits                                      3,771,000
Miscellaneous                                             1,000
Maintenance & Repairs                                    69,000
Outside Services                                      1,003,000
Property & Equipment Leases & Rents                     435,000
Insurance Permits Licenses Taxes                        465,000
Office                                                  331,000
Travel Lodging Meetings                                 186,000
Other                                                  (773,000)
                                                 --------------
Total General & Administrative Expenses               5,488,000

Earnings before Interest Taxes Depr Amort            (3,621,000)

Other (Income) Expenses
Interest Income                                          (6,000)
Other Income                                            (94,000)
Foreign Currency Transaction (Inc) Loss                  38,000
Interest Expense                                        913,000
Depreciation                                          4,233,000
Amortization                                          1,331,000
Reorganization                                        9,296,000
                                                 --------------
Net Income                                         ($19,332,000)
                                                 ==============

For January 1 to 31, 2009, the Debtors disbursed a total of
$24,593,095.

                         About SemGroup LP

SemGroup L.P. -- http://www.semgrouplp.com/-- is a
midstream service company providing the energy industry means to
move products from the wellhead to the wholesale marketplace.
SemGroup provides diversified services for end users and consumers
of crude oil, natural gas, natural gas liquids, refined products
and asphalt.  Services include purchasing, selling, processing,
transporting, terminaling and storing energy.  SemGroup serves
customers in the United States, Canada, Mexico, Wales, Switzerland
and Vietnam.

SemGroup L.P. and its debtor-affiliates filed for Chapter 11
protection on July 22, 2008 (Bankr. D. Del. Lead Case No. 08-
11525).  These represent the Debtors' restructuring efforts: John
H. Knight, Esq., L. Katherine Good, Esq. and Mark D. Collins,
Esq., at Richards Layton & Finger; Harvey R. Miller, Esq., Michael
P. Kessler, Esq., and Sherri L. Toub, Esq., at Weil, Gotshal &
Manges LLP; and Martin A. Sosland, Esq., and Sylvia A. Mayer,
Esq., at Weil Gotshal & Manges LLP.  Kurtzman Carson Consultants
L.L.C. is the Debtors' claims agent.  The Debtors' financial
advisors are The Blackstone Group L.P. and A.P. Services LLC.

Margot B. Schonholtz, Esq., and Scott D. Talmadge, Esq., at Kaye
Scholer LLP; and Laurie Selber Silverstein, Esq., at Potter
Anderson & Corroon LLP, represent the Debtors' prepetition
lenders.

SemGroup L.P.'s affiliates, SemCAMS ULC and SemCanada Crude
Company, sought protection under the Companies' Creditors
Arrangement Act (Canada) on July 22, 2008.  Ernst & Young, Inc.,
is the appointed monitor of SemCanada Crude Company and its
affiliates' reorganization proceedings before the Canadian
Companies' Creditors Arrangement Act.  The CCAA stay expires on
Nov. 21, 2008.

SemGroup L.P.'s consolidated, unaudited financial conditions as of
June 30, 2007, showed $5,429,038,000 in total assets and
$5,033,214,000 in total debts.  In their petition, they showed
more than $1,000,000,000 in estimated total assets and more than
$1,000,000,000 in total debts.

Bankruptcy Creditors' Service, Inc., publishes SemGroup Bankruptcy
News.  The newsletter tracks the chapter 11 proceedings undertaken
by SemGroup L.P. and its various affiliates.
(http://bankrupt.com/newsstand/or 215/945-700)


SHARPER IMAGE: Posts $408,883 Net Loss in February 2009
-------------------------------------------------------
TSIC, INC., formerly known as The Sharper Image Corporation, filed
with the U.S. Bankruptcy Court for the District of Delaware on
March 20, 2009, its monthly operating report for February 2009.

TSIC, Inc. reported a net loss of $408,883 on zero revenues for
the month ended February 28, 2009.

At February 28, 2009, the Debtor had total assets of $33,275,215,
total debts of $9,288,793, and total stockholders' equity of
$23,986,421.

A full-text copy of TSIC, Inc.'s monthly operating report for
February 2009, is available at:

               http://researcharchives.com/t/s?3ac5

                   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.

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.


SPECTRUM BRANDS: Monthly Operating Report -- February 3, 2009
-------------------------------------------------------------

                     Spectrum Brands, Inc.
                   Consolidated Balance Sheet
              For the Period Ended February 3, 2009

Cash and cash equivalents                            $7,806,288
Net trade receivables                               135,347,898
Intercompany receivables                                     (1)
Other trade receivables - calc                       23,545,880
Net inventories                                     388,004,957
Assets held for sale                                    316,225
Prepaid expenses & other                             22,051,459
Total deferred tax assets - current                   9,561,249
                                                  -------------
Total current assets                                586,633,955

Net Property, Plant & Equipment                      95,119,193
Long-term receivable                                    147,500
Long-term receivable - intercompany                          (0)
Total deferred tax assets - L/T                               -
Deferred charges - other                              6,939,104
Debt issuance costs                                  37,431,399
Investments - partially owned co.                       778,110
Miscellaneous - other assets                          8,011,003
                                                 --------------
Deferred charges and other, net                      53,307,117
Goodwill                                             60,976,962
Intangible assets - other                           501,723,753
Investments - consolidated co.                               (0)
Investments in subsidiaries                                  (0)
                                                 --------------
Total assets                                     $1,297,760,980
                                                 ==============

Current Liabilities:
Total current debt                                  $27,666,544
Accounts payable - intercompany                              (0)
Total accounts payable                              147,274,728
Accrued wages & benefits                             25,910,059
Accrued taxes O/T Inc. Payroll                        2,223,793
Accrued interest payable                             65,234,074
Current deferred tax liabilities                              -
Income taxes payable                                  1,971,973
Other accrued expenses                               22,732,912
Wages benefits and other                            118,072,811
Accrued special charges                              30,710,351
                                                 --------------
Total current liabilities                           323,724,433

Long term debt intercompany                                  (0)
Total long term debt                              2,502,320,448
Total employee benefit obligations                    5,930,164
Total deferred tax liabilities                      132,768,873
Other long-term liabilities                          11,719,788
Minority interest                                             -
Corporate control                                             -
Other liabilities                                   217,225,131
                                                 --------------
Total liabilities                                $2,976,463,705
                                                 ==============
Total equity                                     (1,678,702,725)
                                                 --------------
Total liabilities and equity                     $1,297,760,980
                                                 ==============

                      Spectrum Brands, Inc.
              Statement of Income from Operations
             For the Period Ending February 3, 2009

Net Sales                                           $75,161,205
Cost of goods sold                                   56,216,632
Restructuring and related charges                     2,733,857
Gross profit                                         16,210,716

Operating expenses:
Selling                                              12,999,252
General and Administrative                            7,704,914
Research and development                              1,385,612
Restructuring and related charges                        79,250
Goodwill and intangibles impairment                           -
                                                   ------------
Total operating expenses                             22,169,028

Operating income                                     (5,958,313)

Interest expense                                     16,159,710
Other income, net                                       330,057
                                                   ------------
Income from continuing operations
before income taxes                                (22,448,080)

Income tax expense                                    1,080,767
                                                   ------------
Income from continuing operations                   (23,528,847)

Loss from discontinued operations, net                1,189,823

Reorganization items                                  7,591,121
                                                   ------------
Net (loss)/income                                  ($32,309,791)
                                                    ===========

                       Spectrum Brands, Inc.
                 Cash Receipts and Disbursements
                 For the Period Ended Feb 3, 2009

Cash, beginning of month                               $386,988
Receipts:
Cash sales                                                    0
Collections of Accounts receivable                   22,983,728
Loans & advances                                    117,126,180
Sale of assets                                                0
Other                                                38,169,169
                                                 --------------
Total receipts                                      178,279,078
                                                 ==============

Disbursements:
Net payroll                                           1,917,528
Payroll taxes paid                                    1,106,557
Sales, use & other taxes paid                           669,710
Secured/rental/leases                                 1,092,090
Utilities & telephone                                    77,037
Insurance                                                 5,500
Inventory purchases                                  17,428,676
Vehicle expenses                                              0
Travel & entertainment                                  184,255
Repairs, maintenance & supplies                         348,644
Administrative & selling                              1,170,939
Adequate protection payment(s)                                0
Other                                               139,176,866
                                                  -------------
Total disbursements from operations                $162,997,806

Professional fees                                     1,569,426
U.S. Trustee fees                                             0
Other reorganization expenses                         9,168,369

Total Disbursements                                $173,735,602
                                                  -------------
Net cash flow                                         4,543,475
Cash - end of month                                  $4,930,463
                                                  =============

                       About Spectrum Brands

Based in Cibolo, Texas, Spectrum Brands, Inc. --
http://www.spectrumbrands.com/-- supplies consumer batteries,
lawn and garden care products, specialty pet supplies, shaving and
grooming products, household insect control products, personal
care products, and portable lighting.  Spectrum Brands' business
is operated in three reportable segments: (a) Global Batteries and
Personal Car; (b) Global Pet Supplies; and (c) Home and Garden.
Spectrum Brands has roughly 5,960 employees worldwide, with about
2,700 of those employees working within the United States.  In
addition, Spectrum Brands holds a 50% interest in a domestic
entity; minority interests (less than 25% each) in a domestic
entity and a foreign entity; a limited partnership interest in a
foreign entity; and a 100% interest in a foreign trust.

Spectrum Brands, Inc., and 13 subsidiaries filed separate Chapter
11 petitions on February 3, 2009 (Bankr. W.D. Tex. Lead Case No.
09-50455).  The Hon. Ronald B. King presides over the cases.  D.
J. Baker, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, in
New York; Harry A. Perrin, Esq., and D. Bobbitt Noel, Jr., Esq.,
at Vinson & Elkins LLP, in Houston, Texas; and William B. Kingman,
Esq., in San Antonio, serve as the Debtors' counsel.  Sutherland
Asbill & Brennan LLP acts as special counsel; Perella Weinberg
Partners LP, as financial advisor; Deloitte Tax LLP as tax
consultant; and Logan & Company Inc. as claims and noticing agent.
As of September 30, 2008, Spectrum Brands had $2,247,479,000 in
total assets and $3,274,717,000 in total liabilities.

Bankruptcy Creditors' Service, Inc., publishes Spectrum Brands
Bankruptcy News.  The newsletter tracks the chapter 11 proceeding
undertaken by Spectrum Brands Inc. and its various subsidiaries.
(http://bankrupt.com/newsstand/or 215/945-7000)


TVIA INC: Posts $263,683 Net Loss in Month Ended February 28
------------------------------------------------------------
Tvia, Inc. filed with the U.S. Bankruptcy Court for the Northern
District of California on March 20, 2009, its monthly operating
report for the period from February 1, 2009, to February 28, 2009.

The company reported a net loss $263,683 on net sales of $492,604
for the period from February 1, 2009, to February 28, 2009.

A full-text copy of the monthly operating report is available for
free at: http://researcharchives.com/t/s?3ac6

Tvia, Inc. -- http://www.tvia.com/-- is fabless semiconductor
company based in Santa Clara, California.  The company designs and
produces display processors for the digital television market.
The company filed for Chapter 11 relief on Oct. 15, 2008 (Bankr.
N.D. Calif. Case No. 08-55860).  John Walshe Murray, Esq., at the
Law Offices of Murray and Murray, represents the Debtor as
counsel.  When the Debtor filed for protection from its creditors,
it listed total assets of $5,577,657 and total debtos of
$1,077,966.



                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
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public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
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A list of Meetings, Conferences and Seminars appears in each
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related conferences are encouraged.  Send announcements to
conferences@bankrupt.com/

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

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

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

The Sunday TCR delivers securitization rating news from the week
then-ending.

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

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland,
USA.  Ronald C. Sy, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Carlo Fernandez, Christopher G. Patalinghug,
and Peter A. Chapman, Editors.

Copyright 2009.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $775 for 6 months delivered via e-
mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Christopher
Beard at 240/629-3300.

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