TCR_Public/090425.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, April 25, 2009, Vol. 13, No. 113

                            Headlines



ABITIBIBOWATER INC: Balance Sheet as of September 30, 2008
AUTOBACS STRAUSS: Posts $652,040 Net Loss From Feb. 5 - March 7
ACCENTIA BIOPHARMA: Files Monthly Operating Report for March 2009
ACCENTIA BIOPHARMA: Biovest Int'l Files March Operating Report
ALERIS INT'L: Files Monthly Operating Report for February 2009

BALLY TOTAL: Bally II'S Monthly Operating Report for March 2009
BRUNO'S SUPERMARKETS: Files Monthly Operating Report -- March 28
FREMONT GENERAL: Posts $5.4 Million Net Loss in March 2009
HAWAIIAN TELCOM: Files Monthly Operating Report for February 2009
KUSHNER LOCKE: Posts $117,167 Net Loss in January 2009

LANDAMERICA FINANCIAL: Files Monthly Operating Report for February
LANDAMERICA FINANCIAL: LES' Monthly Operating Report for February
LEXINGTON PRECISION: Posts $1.2 Million Net Loss in February 2009
MASONITE CORP: Files Monthly Operating Report -- March 29, 2009
PLIANT CORP: Posts $17.2 Million Net Loss in February 2009

PROPEX INC: Files Monthly Operating Report -- March 1, 2009
QUEBECOR WORLD: Monthly Operating Report for December 2008
QUEBECOR WORLD: Monthly Operating Report for January 2009
QUEBECOR WORLD: Monthly Operating Report for February 2009
SHARPER IMAGE: Monthly Operating Report for February 2009

TRIBUNE COMPANY: Files Monthly Operating Report -- March 1, 2009
TRUMP ENTERTAINMENT: Posts $17.6 Million Net Loss in March 2009
VERASUN ENERGY: Monthly Operating Report -- Ended Feb. 28, 2009



                            *********

ABITIBIBOWATER INC: Balance Sheet as of September 30, 2008
----------------------------------------------------------

                       ABITIBIBOWATER INC.
                   Consolidated Balance Sheets
                    As of September 30, 2008

ASSETS
Current assets:
  Cash and cash equivalents                       $295,000,000
  Accounts receivable, net                         868,000,000
  Inventories, net                                 863,000,000
  Assets held for sale                             242,000,000
  Other current assets                             103,000,000
                                               ---------------
     Total current assets                        2,371,000,000

  Timber and timberlands                            51,000,000
  Fixed assets, net                              4,955,000,000
  Goodwill                                         809,000,000
  Other intangible assets, net                   1,158,000,000
  Other assets                                     593,000,000
                                               ---------------
     Total assets                               $9,937,000,000
                                               ===============

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
  Accounts payable and accrued liabilities      $1,177,000,000
  Short-term bank debt                             729,000,000
  Current installments of long-term debt           273,000,000
  Liabilities associated with assets
     held for sale                                  34,000,000
                                               ---------------
     Total current liabilities                   2,213,000,000

Long term debt, net of current liabilities       5,190,000,000
Pension and other post-retirement benefits
  obligations                                      823,000,000
Other long-term liabilities                        223,000,000
Deferred income taxes                              188,000,000
Minority interests in subsidiaries                 146,000,000

Commitments and contingencies
Shareholders' equity
  Common stock                                      53,000,000
  Exchangeable shares                              242,000,000
  Additional paid-in capital                     2,448,000,000
  Deficit                                       (1,405,000,000)
  Accumulated other comprehensive loss            (184,000,000)
                                               ---------------
     Total shareholders' equity                  1,154,000,000
                                               ---------------
     Total liabilities & shareholders' equity   $9,937,000,000
                                               ===============

                   About AbitibiBowater Inc.

Headquartered in Montreal, Canada, AbitibiBowater Inc. --
http://www.abitibibowater.com/-- produces a wide range of
newsprint, commercial printing papers, market pulp and wood
products.  It is the eighth largest publicly traded pulp and paper
manufacturer in the world.  AbitibiBowater owns or operates 27
pulp and paper facilities and 34 wood products facilities located
in the United States, Canada, the United Kingdom and South Korea.
Marketing its products in more than 90 countries, the Company is
also among the world's largest recyclers of old newspapers and
magazines, and has more third-party certified sustainable forest
land than any other company in the world.

                Out-of-Court Restructuring Effort

AbitibiBowater tried to renegotiate about $2.9 billion in the
debts of its Canadian unit, Abitibi-Consolidated, and $1.8 billion
of its U.S. unit, Bowater Inc.  On March 13, AbitibiBowater and
Abitibi-Consolidated commenced a recapitalization proposal which
was intended to reduce the Company's net debt by roughly
$2.4 billion, lower its annual interest expense by roughly
$162 million and raise roughly $350 million through the issuance
of new notes of ACI and common stock and warrants of the Company.

On February 9, Bowater Finance II LLC, an indirect wholly owned
subsidiary of AbitibiBowater, commenced private offers with
respect to six series of outstanding debt securities issued by
either Bowater Incorporated or Bowater Canada Finance Corporation,
a wholly owned subsidiary of Bowater, to exchange the old notes
for new notes.  BowFin also intended for a concurrent private
offering of new 15.5% First Lien Notes due November 15, 2011, to
holders of Bowater Notes who tender notes in the exchange offers.

The Company moved the exchange offer deadlines several times after
failing to garner enough support from bondholders.  It ultimately
abandoned the exchange offer on March 31.

                        Bankruptcy Filing

The Company and several affiliates filed for Chapter 11 bankruptcy
protection before the U.S. Bankruptcy Court for the District of
Delaware on April 16, 2009.  Judge Kevin J. Carey presides over
the case.  The Company and its Canadian affiliates commenced
parallel restructuring proceedings under the Companies' Creditors
Arrangement Act before the Quebec Superior Court Commercial
Division the next day.  Alex F. Morrison at Ernst & Young, Inc.,
was appointed CCAA monitor.

Paul, Weiss, Rifkind, Wharton & Garrison LLP, serves as the
Debtors' U.S. bankruptcy counsel.  Stikeman Elliot LLP, acts as
the Debtors' CCAA counsel.  Young, Conaway, Stargatt & Taylor, in
Wilmington, Delaware, serves as the Debtors' co-counsel, while:
Troutman Sanders LLP in New York, serves as the Debtors' conflicts
counsel.  The Debtors' financial advisor is Advisory Services LP,
and their noticing and claims agent is Epiq Bankruptcy Solutions
LLC.  The CCAA Monitor's counsel is Thornton, Grout & Finnigan
LLP, in Toronto, Ontario.

As of September 30, 2008, the Company had $9,937,000,000 in total
assets and $8,783,000,000 in total debts.

Bankruptcy Creditors' Service, Inc., publishes Abitibibowater
Bankruptcy News.  The newsletter provides gavel-to-gavel coverage
of the Chapter 11 proceedings and parallel proceedings under the
Companies' Creditors Arrangement Act in Canada undertaken by
Abitibibowater Inc. and its various affiliates.
(http://bankrupt.com/newsstand/or 215/945-7000).


AUTOBACS STRAUSS: Posts $652,040 Net Loss From Feb. 5 - March 7
---------------------------------------------------------------
On March 30, 2009, Autobacs Strauss Inc. filed with the U.S.
Bankruptcy Court for the District of Delaware a monthly operating
report for the period from February 5, 2009, to March 7, 2009.

For the period, Aubobacs Strauss reported an operating loss of
$614,561 and a net loss of $652,040 on total sales of $12,402,559.
Earnings before interest, taxes and depreciation (EBITDA) was
$256,479.

As of March 7, 2009, the Debtor had total assets of $77,068,600
and total debts of $77,539,900.

Headquartered in South River, New Jersey, Autobacs Strauss Inc. --
http://www.straussauto.com/-- sells after-market automotive parts
and accessories, and operate automotive service centers located in
New York, New Jersey, Philadelphia, Bethlehem and Pennsylvania.
The Company operates 86 retail store locations and has about 1,450
employees.  The company filed for Chapter 11 protection on
February 4, 2009 (Bankr. D. Del. Case No. 09-10358).  Edward J.
Kosmowski, Esq., at Young Conaway Stargatt & Taylor, LLP,
represents the Debtor in its restructuring efforts.  As of
January 3, 2009, the Debtor had total assets of $75,000,000 and
total debts of $72,000,000.


ACCENTIA BIOPHARMA: Files Monthly Operating Report for March 2009
-----------------------------------------------------------------
On April 20, 2009, Accentia Biopharmaceuticals, Inc., and certain
of its affiliates filed their unaudited combined monthly operating
report for the period March 1, 2009, through March 31, 2009, with
the United States Bankruptcy Court for the Middle District of
Florida, Tampa Division.

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

     Funds at March 1, 2009                 $147,275
     Total Receipts                          $50,802
     Total Funds Available for Operations   $198,078
     Total Disbursements                    $193,212
     Funds at March 31, 2009                  $4,866

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

               http://researcharchives.com/t/s?3bd5

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; Jonathan B. Sbar, Esq., at Rocke, McLean & Sbar, P.A.,
represent the Debtors as counsel.  Adam H. Friedman, Esq., at
Olshan Grundman Frome Rosenzweig, and Paul J. Battista, Esq., at
Genovese Joblove & Battista PA, represent the Official Committee
of Unsecured Creditors as 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 March 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 April 20, 2009, their unaudited combined monthly
operating report for the period March 1, 2009, through March 31,
2009.

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

     Funds at March 1, 2009                 $496,757
     Total Receipts                         $470,725
     Total Funds Available for Operations   $967,482
     Total Disbursements                    $437,985
     Funds at March 31, 2009                $529,497

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

               http://researcharchives.com/t/s?3bd6

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; Jonathan B. Sbar, Esq., at Rocke, McLean & Sbar, P.A.,
represent the Debtors as counsel.  Adam H. Friedman, Esq., at
Olshan Grundman Frome Rosenzweig, and Paul J. Battista, Esq., at
Genovese Joblove & Battista PA, represent the Official Committee
of Unsecured Creditors as 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.


ALERIS INT'L: Files Monthly Operating Report for February 2009
--------------------------------------------------------------

              Aleris International, Inc., Et Al.
                 Consolidated Balance Sheet
                  As of February 28, 2008

                           ASSETS
Current Assets
Cash and cash equivalents                           $86,565,373
Accounts receivable, net                            127,880,451
Intercompany receivable                             162,644,703
Inventories, net                                    131,361,226
Other current assets                                130,517,671
                                                 ---------------
  Total current assets                               638,969,424

Property, plant and equipment, net                   348,916,900
Goodwill & organization costs, net                    79,778,098
Other intangibles, net                                76,387,415
Long-term intercompany receivable                     58,512,728
Other long-term assets                             1,474,879,202
                                                 ---------------
   Total long-term assets                          2,038,474,343
                                                 ---------------
Total Assets                                      $2,677,443,767
                                                 ===============

            LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities
Accounts payable                                     11,807,751
Accrued & other current liabilities                  42,465,671
Toll liability                                        6,065,329
Accrued interest                                      1,178,227
Interco payable                                      12,409,403
Current maturities of long-term debt                273,757,659
Other current liabilities                             4,700,868
                                                ---------------
  Total current liabilities                          352,384,908

Long-term debt                                           362,790
Intercompany payable                                 (23,303,787)
Other long-term liabilities                          131,249,534
                                                 ---------------
   Total long-term liabilities                       108,308,537

Liabilities subject to compromise - external       2,202,106,284
Liabilities subject to compromise - internal         495,184,675
                                                 ---------------
   Total liabilities subject to compromise         2,697,290,959
                                                 ---------------
Total Liabilities                                  3,157,984,404
                                                 ===============

Additional paid-in capital                           856,240,675
Retained earnings                                 (1,290,395,469)
Other comprehensive income (loss)                    (46,385,843)
Other stockholders' equity                                     0
                                                 ---------------
   Total stockholders' equity                       (480,540,637)
                                                ---------------
Total Liabilities and Stockholders' Equity        $2,677,443,767
                                                 ===============

             Aleris International, Inc., et al.
           Consolidated Statement of Operations
          For the period from Feb. 1 to 28, 2009


Gross revenue                                        $63,557,000
Cost of sales                                         58,329,000
                                                   -------------
Gross profits                                          5,228,000

Selling, general & administrative expenses
Labor                                                 2,910,000
Professional fees                                       192,000
Consulting expense                                      167,000
Depreciation & amortization                           1,533,000
Other                                                   223,000
                                                   -------------
  Total SG & A expense                                 5,025,000

Restructuring & merger related items                     440,000
Impairment of goodwill and other intangibles                   0
(Gains) Losses on derivatives                         (3,630,000)
                                                   -------------
Operating income                                       3,393,000
Net interest expense                                   5,541,000
Other income and expense                              (3,321,000)
Reorganization items                                  51,891,000
                                                   -------------
Income (Loss) before income taxes & minority         (50,718,000)
Minority interest expense                                      0
                                                   -------------
Income (Loss) before taxes                           (50,718,000)
Income tax expenses                                            0
                                                   -------------
Net income (loss)                                   ($50,718,000)
                                                   =============

               Aleris International, Inc., Et Al.
                 Consolidated Schedule of
              Cash Receipts and Disbursements
           For the period from Feb. 1 to 28, 2009

Receipts:
Cash sales
Accounts receivable                                 $43,359,855
Loans and advances                                            0
Sales of assets                                               0
Other:                                                        0
Tax refund                                            2,140,361
Interest income                                               0
Transfers from DIP accounts                          69,154,000
                                                  --------------
Total Receipts                                       114,654,216

Disbursements:
Benefits                                              2,764,026
Payroll                                              10,601,222
Primary                                              12,032,331
Recycling/Scrap                                       1,241,923
Hardners                                                219,626
Freight                                                 127,003
Energy                                                1,797,885
Taxes                                                    14,776
Other A/P                                             1,775,945
Professional fees                                             0
Chapter 11 adjustments                                        0
Collateral returns                                            0
Collateral disbursements                                      0
Hedge settlements                                             0
Affiliates                                            3,500,000
Interest and fees                                     2,615,642
Extraordinaries                                               0
Other:                                                        0
Transfers to DIP accounts                                     0
                                                    ------------
Total Disbursements                                   36,690,379
                                                    ------------
Net cash flow                                        $77,963,837
                                                    ============

Aleris International, Inc., produces and sells aluminum rolled and
extruded products.  Aleris operates primarily through two
reportable business segments: (i) global rolled and extruded
products and (ii) global recycling.  Headquartered in Beachwood,
Ohio, a suburb of Cleveland, the Company operates over 40
production facilities in North America, Europe, South America and
Asia, and employs approximately 8,400 employees.  Aleris operates
27 production facilities in the United States with eight
production facilities that provided rolled and extruded aluminum
products and 19 recycling production plants.

Aleris International, Inc., aka IMCO Recycling Inc., and various
affiliates filed for bankruptcy on February 12, 2009 (Bankr. D.
Del. Case No. 09-10478).  The Hon. Brendan Linehan Shannon
presides over the cases.  Stephen Karotkin, Esq., and Debra A.
Dandeneau, Esq., at Weil, Gotshal & Manges LLP in New York, serve
as lead counsel for the Debtors.  L. Katherine Good, Esq., and
Paul Noble Heath, Esq., at Richards, Layton & Finger, P.A. In
Wilmington, Delaware, serves as local counsel.  Moelis & Company
LLC, acts as financial advisors; Alvarez & Marsal LLC a as
restructuring advisors, and Kurtzman Carson Consultants LLC as
claims and noticing agent for the Debtors.  As of Dec. 31, 2008,
the Debtors had total assets of $4,168,700,000; and total debts of
$3,978,699,000.

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


BALLY TOTAL: Bally II'S Monthly Operating Report for March 2009
---------------------------------------------------------------

         Bally Total Fitness Holding Corporation, et al.
               Condensed Combined Balance Sheet
                      As of March 31, 2009

ASSETS

Current assets
  Cash and cash equivalents                         $62,262,000
  Deferred income taxes                              21,068,000
  Prepaid expenses                                   16,225,000
  Other current assets                               18,300,000
                                                ---------------
     Total current assets                           117,856,000

Long-term assets
  Property and equipment, net                       270,369,000
  Member relationship asset, net                    158,702,000
  Other intangible assets, net                      211,986,000
  Trademarks                                         86,376,000
  Goodwill                                          257,460,000
  Other assets                                       40,483,000
                                                ---------------
     Total long-term assets                       1,025,375,000
                                                ---------------
Total assets                                     $1,143,231,000
                                                ===============

LIABILITIES AND STOCKHOLDERS' DEFICIT

Current liabilities not subject to compromise
  Accounts payable                                  $15,757,000
  Income taxes payable                                1,901,000
  Accrued liabilities                                52,758,000
  Current maturities of long-term debt                1,711,000
  Deferred revenues                                 126,765,000
                                                ---------------
     Total current liabilities not subject
        to compromise                               198,893,000

Long-term liabilities not subject to compromise
  Deferred rent liability                            19,759,000
  Deferred income taxes                              52,712,000
  Other liabilities                                  23,368,000
  Deferred revenues                                 377,509,000
  Long-term debt, less current maturities                10,000

Liabilities subject to compromise                   921,569,000
                                                ---------------
        Total liabilities                         1,593,820,000
                                                ---------------
Stockholders' deficit                              (450,589,000)
                                                ---------------
Total liabilities and stockholders' deficit      $1,143,231,000
                                                ===============

         Bally Total Fitness Holding Corporation, et al.
          Condensed Combined Statement of Operations
                Month Ended March 31, 2009

Net revenues
  Membership services                               $48,958,000
  Retail products                                     2,472,000
  Miscellaneous                                       1,581,000
                                                ---------------
                                                     53,011,000
Operating costs and expenses:
  Membership services                                43,901,000
  Retail products                                     1,879,000
  Marketing and advertising                           4,523,000
  General and administrative                          5,212,000
  Depreciation and amortization                       5,700,000
                                                ---------------
                                                     61,215,000
                                                ---------------
Operating loss                                       (8,204,000)

Interest expense                                       (440,000)
Other, net                                               (4,000)
                                                ---------------
                                                       (444,000)
                                                ---------------
Loss reorganization items and income taxes           (8,648,000)
Reorganization items, net                            (1,881,000)
Income tax expense                                       24,000
                                                ---------------
Net loss                                           ($10,505,000)
                                                ===============

        Bally Total Fitness Holding Corporation, et al.
                Cash Receipts and Disbursements
                March 1 through March 31, 2009

Cash, beginning of month                            $56,928,974

Receipts
  Cash sales                                         61,867,428
  Accounts receivable - Prepetition                           0
  Accounts receivable - Postpetition                          0
  Loans and advances                                          0
  Sale of assets                                              0
  Others                                                954,704
  Transfers (from DIP accounts)                      26,755,701
                                                ---------------
Total receipts                                       89,577,833

Disbursements
  Net payroll                                        12,456,553
  Payroll taxes                                       4,504,711
  Sales, use, and other taxes                         2,625,145
  Inventory purchases                                 1,201,648
  Secured rental/leases                              13,308,200
  Insurance                                           3,339,794
  Administrative                                      8,961,415
  Selling & Marketing                                 5,766,456
  Others                                              4,443,955
  Owner draw                                                  0
  Transfers (to DIP accounts)                        25,302,098
  Professional fees                                   2,334,549
  U.S. Trustee quarterly fees                                 0
  Court costs                                                 0
                                                ---------------
Total disbursements                                  84,244,525
                                                ---------------
Net cash flow                                         5,333,308
                                                ---------------
Cash, end of month                                  $62,262,282
                                                ===============

                     About Bally Total Fitness

Based in Chicago, Illinois, Bally Total Fitness Holding Corp.
(Pink Sheets: BFTH.PK) -- http://www.ballyfitness.com/-- operates
fitness centers in the U.S., with over 375 facilities located in
26 states, Mexico, Canada, Korea, China and the Caribbean under
the Bally Total Fitness(R), Bally Sports Clubs(R) and Sports Clubs
of Canada (R) brands.

Bally Total and its affiliates filed for Chapter 11 protection
on July 31, 2007 (Bankr. S.D.N.Y. Case No. 07-12396) after
obtaining requisite number of votes in favor of their pre-
packaged Chapter 11 plan.  Joseph Furst, III, Esq., at Latham &
Watkins, L.L.P., represents the Debtors in their restructuring
efforts.  As of June 30, 2007, the Debtors had US$408,546,205 in
total assets and US$1,825,941,54627 in total liabilities.

The Debtors filed their Joint Prepackaged Plan & Disclosure
Statement on July 31, 2007.  The Court confirmed the Plan in
September 2007.  The Plan was declared effective October 1, 2007.

Bally Total Fitness Holding Corp. and its debtor-affiliates and
subsidiaries again filed voluntary petitions under Chapter 11 on
December 3, 2008 (Bankr. S. D. N. Y., Lead Case No. 08-14818).
Their counsel is Kenneth H. Eckstein, Esq., at Kramer Levin
Naftalis & Frankel LLP, in New York.  As of September 30, 2008,
the Company (including non-debtor affiliates) had consolidated
assets totaling approximately $1.376 billion and recorded
consolidated liabilities totaling approximately $1.538 billion.

Bankruptcy Creditors' Service, Inc., publishes Bally Bankruptcy
News.  The newsletter provides gavel-to-gavel coverage of the
Chapter 11 proceedings of Bally Total Fitness Holding Corp. and
its debtor-affiliates (http://bankrupt.com/newsstand/or
215/945-7000)


BRUNO'S SUPERMARKETS: Files Monthly Operating Report -- March 28
----------------------------------------------------------------
On April 21, 2009, Bruno's Supermarkets, LLC, filed with the U.S.
Bankruptcy Court for the Northern District of Alabama a monthly
operating report for the 4 weeks ended March 28, 2009.

Bruno's reported a $4.9 million net loss for the four weeks ended
March 28, 2009, on sales $40.0 million.  Earnings before interest,
taxes, depreciation and amortization (EBITDA) was a loss of
$2.4 million.

Bruno's schedule of cash receipts and disbursements for the period
showed:

   Beginning Cash                 $9,451,252
   Total Receipts               $107,505,405
   Total Cash Disbursements     $114,360,715
   Deficit                        $6,855,310
   Ending Cash                    $2,595,941

Total receipts of $107,505,405 includes loan proceeds of
$53,616,302.

A full-text copy of Bruno's monthly operating report for the four
weeks ended March 28, 2009, is available for free at:

       http://bankrupt.com/misc/Bruno'sMarch2009MOR.PDF

Bruno's Supermarkets, LLC, is a privately held company
headquartered in Birmingham, Alabama.  Bruno's is the parent
company of the Bruno's, Food World, and FoodMax grocery store
chains, which includes 23 Bruno's, 41 Food World, and 2 FoodMax
locations in Alabama and the Florida panhandle.  Founded in
1933, Bruno's has operated as an independent company since 2007
after undergoing several transitions and changes in ownership
starting in 1995.

Bruno's filed for Chapter 11 relief on Feb. 5, 2009 (Bankr. N.D.
Ala. Case No. 09-00634).  Burr & Forman LLP is the Debtor's lead
counsel.  Najjar Denaburg, P.C., is the Debtor's interim conflicts
counsel.  Greenberg Traurig, LLP, is the Official Committee of
Unsecured Creditors' counsel.  Alvarez & Marsal is the Debtor's
restructuring advisor.  When Bruno's filed for protection from its
creditors, it listed assets and debts of between $100 million and
$500 million each.


FREMONT GENERAL: Posts $5.4 Million Net Loss in March 2009
----------------------------------------------------------
On April 15, 2009, Fremont General Corporation filed its monthly
operating report for the month ended March 31, 2009, with the
U.S. Trustee for the Central District of California.

Fremont General reported total assets of $485,254,522, total
liabilities of $345,802,991, and total equity of $139,451,531 at
March 31, 2009.

For the month, the Debtors reported a net loss of $5,412,593 and
generated zero revenues.

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

               http://researcharchives.com/t/s?3ba9

                     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 October 30, 2008, disclosing
$330,036,435 in total assets and $326,560,878 in total debts.


HAWAIIAN TELCOM: Files Monthly Operating Report for February 2009
-----------------------------------------------------------------

                Hawaiian TelCom Communications, Inc.
                          Balance Sheet
                     As of February 28, 2009

Cash and cash equivalents                           $86,253,962
Accounts receivable                                           -
Materials and supplies                                        -
Prepaid expenses                                         33,333
Other current assets                                          -
Property and equipment                                        -
Investment in subsidiaries                          995,542,216
Deferred charges and other assets                    12,027,978
Intangible assets                                             -
                                                ---------------
Total assets                                     $1,093,857,489
                                                ===============

Current portion of long-term debt                 1,074,500,000
Accounts payable                                              -
Payroll and related benefits payable                          -
Accrued other taxes                                           1
Accrued interest                                     29,914,250
Advance billings                                              -
Other current liabilities                            15,334,812
Long-term debt                                                -
Employee benefit obligations                                  -
Other liabilities                                             -
                                                ---------------
                                                  1,119,749,063
                                                ---------------

Equity                                             (361,646,313)
Intercompany receivable                             102,072,089
Intercompany payable                                437,826,828
                                                ---------------
Net owner interest                                  (25,891,574)
                                                ---------------
Total liabilities and partners' capital          $1,093,857,489
                                                ===============

              Hawaiian TelCom Communications, Inc.
                        Income Statement
              For the Month Ended February 28, 2009

Operating revenues                                            -

Operating expenses:
Cost of goods sold                                           -
Salaries and wages                                      $6,626
Pension and other benefits                                   -
Employee related expenses                                    -
Contracted services                                      8,333
Restructuring expenses                                       -
Rents                                                        -
Materials                                                    -
Advertising                                                  -
Gross receipts and other taxes                              20
Uncollectibles                                               -
All other                                                  622
Depreciation and amortization                                -
                                                ---------------
Total operating expenses                                 15,601
                                                ---------------

Operating income (loss)                                 (15,601)
                                                ---------------

Other income (expense):
Interest expense                                     2,638,426
Loss on early extinguishment of debt                         -
Gain (loss) on interest rate swap                            -
Other income and expense, net                                -
                                                ---------------
Total other (income) expenses                         2,638,426
                                                ---------------

Income (loss) from continuing operations
before reorganization items and provision
for income taxes                                    (2,654,027)
Reorganization items                                     (8,185)
                                                ---------------

Income (loss) from continuing operations
before provision for income taxes                   (2,645,842)
Provision (benefit) for income taxes                          -
                                                ---------------
Net income (loss)                                   ($2,645,842)
                                                ===============

               Hawaiian TelCom Communications, Inc.
                 Cash Receipts and Disbursements
              For the Month Ended February 28, 2009

January 2009 ending book balance                    $86,214,919
Cash on hand beginning book balance                     17,552
Adjustments                                                  0
                                                ---------------

January 2009 beginning book balance                  86,232,471

Receipts
Receipts from operations                                 8,184
Net change in deposits in transit                            0
Other                                                        0
                                                ---------------
Total receipts                                            8,184
                                                ---------------

Disbursements
AP & Payroll disbursements
    Check                                                   (20)
    EFT                                                       0
    Wire                                             (4,616,114)
                                                ---------------
    Total AP & Payroll disbursements                 (4,616,134)
                                                ---------------
Bank debts
    Bank fees                                               (59)
    Other                                                     0
                                                ---------------
    Total bank debts                                        (59)
                                                ---------------
Total disbursements                                  (4,616,193)
                                                ---------------
Other transfers                                              0
                                                ---------------
ZBA credits                                          4,629,498
ZBA debits                                                   0
                                                ---------------
Total ZBAs                                           4,629,498
                                                ---------------
Adjustments                                                   0
                                                ---------------
February 2009 ending book balance                   $86,253,961
                                                ===============

                Other Hawaiian Telcom Affiliates

Seven affiliates of Hawaiian Telcom Communications also delivered
separate individual monthly operating reports to the Court.  The
Hawaiian Telcom affiliates reported these assets and liabilities
as of February 28, 2009:

Debtor Affiliate                 Total Assets     Total Debts
----------------                --------------  --------------
Hawaiian Telcom, Inc.           $1,161,738,850  $1,161,738,850

Hawaiian Telcom Services
Company, Inc.                      $68,684,918     $68,684,918

Hawaiian Telcom IP Service
Delivery Research, LLC                     $45             $45

Hawaiian Telcom IP Video
Research, LLC                              $45             $45

Hawaiian Telcom Holdco, Inc.      ($25,891,574)   ($25,891,574)

Hawaiian Telcom IP Service
Delivery Investment, LLC                    $0              $0

Hawaiian Telcom IP Video
Investment, LLC                             $0              $0

The Debtor affiliates listed their net income or loss for the
period from February 1 to 28, 2009:

Company                                       Net Income(Loss)
-------------                                 ---------------
Hawaiian Telcom, Inc.                             ($4,217,993)
Hawaiian Telcom Services Company, Inc.            ($1,355,248)
Hawaiian Telcom IP Service Delivery Research, LLC    ($40,348)
Hawaiian Telcom IP Video Research, LLC               ($17,198)
Hawaiian Telcom Holdco, Inc.                               $0
Hawaiian Telcom IP Service Delivery Investment, LLC        $0
Hawaiian Telcom IP Video Investment, LLC                   $0


The Debtor affiliates also reported their cash receipts and
disbursements for the period from February 1 to 28, 2009:

Company                   Receipts    Disbursements   Cash Flow
-------------           -----------   -------------   ---------
Hawaiian Telcom, Inc.   $35,547,612    ($29,154,586) $5,210,344

Hawaiian Telcom Services
Company, Inc.              $291,400     ($2,282,444)   $187,599

Hawaiian Telcom IP Service
Delivery Research, LLC           $0        ($12,515)        $45

Hawaiian Telcom IP Video
Research, LLC                    $0         ($5,264)        $45

Hawaiian Telcom Holdco,
Inc.                             $0              $0          $0

Hawaiian Telcom IP Service
Delivery Investment, LLC         $0              $0          $0

Hawaiian Telcom IP Video
Investment, LLC                  $0              $0          $0


Based in Honolulu, Hawaii, Hawaiian Telecom Communications, Inc.
-- http://www.hawaiiantel.com/-- operates a telecommunications
company, which offers an array of telecommunications products and
services including local and long distance service, high-speed
Internet, wireless services, and print directory and Internet
directory services.

The Company and seven of its affiliates filed for Chapter 11
protection on December 1, 2008 (Bankr. D. Del. Lead Case No. 08-
13086).  As reported by the TCR on December 30, 2008, Judge Peter
Walsh of the U.S. Bankruptcy Court for the District of Delaware
approved the transfer of the Chapter 11 cases to the U.S.
Bankruptcy Court for the District of Hawaii before Judge Lloyd
King (Bankr. D. Hawaii Lead Case No. 08-02005).

Richard M. Cieri, Esq., Paul M. Basta, Esq., and Christopher J.
Marcus, Esq., at Kirkland & Ellis LLP, represent the Debtors in
their restructuring efforts.  The Debtors proposed Lazard Freres &
Co. LLC as investment banker; Zolfo Cooper Management LLC as
business advisor; Deloitte & Touche LLP as independent auditors;
and Kurztman Carson Consultants LLC as notice and claims agent.
An official committee of unsecured creditors has been appointed
and is represented by Christopher J. Muzzi, Esq., at Moseley Biehl
Tsugawa Lau & Muzzi LLC, in Honolulu, Hawaii.

When the Debtors filed for protection from their creditors, they
listed total assets of $1,352,000,000 and total debts of
$1,269,000,000 as of September 30, 2008.

Bankruptcy Creditors' Service, Inc., publishes Hawaiian Telcom
Bankruptcy News.  The newsletter tracks the Chapter 11 proceeding
undertaken by Hawaiian Telcom Communications, Inc., and seven of
its affiliates.  (http://bankrupt.com/newsstand/or 215/945-7000)


KUSHNER LOCKE: Posts $117,167 Net Loss in January 2009
------------------------------------------------------
The Kushner-Locke Company delivered its monthly operating report
for the period January 1, 2009, through January 31, 2009.

For the period, the Debtor generated zero revenue and incurred a
net loss of $117,167.

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

               http://researcharchives.com/t/s?3bd9

Headquartered in Los Angeles, California, The Kushner-Locke
Company is a low-budget movie production studio.  The company,
along with its debtor-affiliates filed for chapter 11 protection
on November 21, 2001 (Bankr. C.D. Calif. Lead Case No. 01-44828).
Carol Chow, Esq., and Charles Axelrod, Esq., at Stutman, Treister
& Glatt; Mara Mornet-Ritt, Esq., at Brandon & Morner-Ritt; and
Martin Fineman, Esq., at Davis Wright Tremaine LLP, represent the
Debtors in their restructuring efforts.  Jeremy V. Richards, Esq.,
at Pachulski Stang Ziehl & Jones LLP, represent the Official
Committee of Unsecured Creditors as counsel.


LANDAMERICA FINANCIAL: Files Monthly Operating Report for February
------------------------------------------------------------------

              LandAmerica Financial Group, Inc.
                         Balance Sheet
                     As of February 28, 2009

Assets

Cash and Cash Equivalents                       $100,248,000
Notes:
    Fidelity National Title                        50,000,000
    Other                                          11,658,000

Investments:
    Fidelity National Title Stock                  52,637,000

Taxes receivable                                  21,856,000
Property and Equipment                            16,096,000
Title Plans                                          945,000
Other Assets                                      66,337,000
Investments in subsidiaries and
    joint ventures                                684,298,000
Intercompany receivables                         260,923,000
                                              ---------------
    Total Assets                               $1,264,998,000
                                              ===============

Liabilities

Accounts payable and accrued
    liabilities                                   $25,240,000
Liabilities subject to compromise                493,737,000
                                              ---------------
    Total Liabilities                             518,997,000
    Total Shareholders' Equity                    746,022,000
                                              ---------------
    Total Liabilities and
       Shareholders' Equity                    $1,264,998,000
                                              ===============

              LandAmerica Financial Group, Inc.
                    Statement of Operations
              For Month ended February 28, 2009

Revenue
Interest and other income                            $51,000
Valuation adjustment to Fidelity
    National Title stock                           (6,194,000)
                                              ---------------
    Total Revenue                                  (6,246,000)
                                              ---------------
Expenses
General, administrative and other
   expenses                                         3,870,000
Depreciation and amortization                        332,000
Interest Expense                                     122,000
Loss on disposal of subsidiaries                           0
                                              ---------------
    Total Expenses                                  4,324,000
                                              ---------------
    Net Loss before income taxes                    1,922,000
Income tax benefit                                         0
                                              ---------------
    Net Loss                                      ($1,922,000)
                                              ===============

              LandAmerica Financial Group, Inc.
         Schedule of Cash Receipts and Disbursements
              For Month Ended February 28, 2009

Opening Cash and Cash Equivalents

Held for the benefit;
    LandAmerica Financial Group, Inc.             $75,184,000
    Underwriters                                    9,809,000
    Retained subsidiaries                          12,109,000
                                              ---------------
       Opening Cash                                97,102,000
                                              ---------------
Cash Receipts
Collections received for the benefit of;
    Underwriters                                    4,594,000
    Retained subsidiaries                           5,683,000

Payment reimbursements by;
    Underwriters                                   36,860,000
    Retained subsidiaries                          16,975,000

Proceeds from sale of the Underwriting
businesses;
    LandAmerica Financial Group, Inc.                       0
    Retained subsidiaries                                   0

Other Receipts                                     5,803,000
                                              ---------------
    Total Receipts                                 69,914,000
                                              ---------------
Cash Disbursements
Related to LandAmerica Financial
Group, Inc.
    Payroll                                           342,000
    Rent and other occupancy costs                    438,000
    Insurance                                         190,000
    Leases                                            138,000
    Payables                                          150,000
    Bankruptcy Professional Fees                    3,332,000
    Other                                             381,000
                                              ---------------
       Total                                        4,970,000

Payments made for the benefit of;
    Underwriters                                   43,392,000
    Retained subsidiaries                          18,407,000
                                              ---------------
    Total Disbursements                            66,769,000

Net Cash Flow                                       3,145,000
                                              ---------------
Ending Cash and Cash Equivalents                 $100,248,000
                                              ===============

Ending Cash and Cash Equivalents

Held for the benefit;
    LandAmerica Financial Group, Inc.             $76,016,000
    Underwriters                                    7,872,000
    Retained Subsidiaries                          16,360,000
                                              ---------------
    Total                                        $100,248,000
                                              ===============

                    About LandAmerica Financial

LandAmerica Financial Group, Inc., is a leading provider of real
estate transaction services with offices nationwide and a vast
network of active agents.  LandAmerica and its affiliates operate
through approximately 700 offices and a network of more than
10,000 active agents throughout the world, including Mexico,
Canada, the Caribbean, Latin America, Europe and Asia.

LandAmerica Financial Group and its affiliate LandAmerica 1031
Exchange Services, Inc. filed for Chapter 11 protection
November 26, 2008 (Bankr. E.D. Va. Lead Case No. 08-35994).  Dion
W. Hayes, Esq., and John H. Maddock III, Esq., at McGuireWoods
LLP, are the Debtors' bankruptcy counsel.

In its bankruptcy petition, LFG listed total assets of
$3,325,100,000, and total debts of $2,839,800,000 as of
September 30, 2008.

On March 6, 2009, affiliate LandAmerica Assessment Corporation,
aka National Assessment Corporation, filed its own petition for
Chapter 11 relief.  Affiliate LandAmerica Title Company filed for
for Chapter 11 relief on March 27, 2009.

Bankruptcy Creditors' Service, Inc., publishes LandAmerica
Bankruptcy News.  The newsletter tracks the chapter 11 proceeding
undertaken by LandAmerica Financial and its affiliate LandAmerica
1031 Exchange Services, Inc. (http://bankrupt.com/newsstand/or
215/945-7000)


LANDAMERICA FINANCIAL: LES' Monthly Operating Report for February
-----------------------------------------------------------------

           LandAmerica 1031 Exchange Services, Inc.
                         Balance Sheet
                    As of February 28, 2009

Assets

Cash and Cash Equivalents                       $141,296,000
Auction Rate Securities                          159,843,000
Taxes receivable                                     133,000
Property and Equipment                               119,000
Goodwill and Intangible Assets                       452,000
Other Assets                                         310,000
                                              ---------------
    Total Assets                                 $302,152,000
                                              ===============

Liabilities

Accounts payable and accrued
    liabilities                                    $4,740,000
Intercompany payables -
    Postpetition                                    1,088,000
Liabilities subject to compromise                350,174,000
                                              ---------------
    Total Liabilities                             356,002,000
    Total Shareholders' Equity                    (53,849,000)
                                              ---------------
    Total Liabilities and
       Shareholders' Equity                      $302,152,000
                                              ===============

            LandAmerica 1031 Exchange Services, Inc.
                    Statement of Operations
             For the month ended February 28, 2009

Revenue:
Interest and other income                           $797,000
HCN Settlement                                         2,000

Expenses
Professional Fees                                  2,232,000
General, administrative and other
   expenses                                            24,000
                                              ---------------
    Net Income                                      ($542,000)
                                              ===============

           LandAmerica 1031 Exchange Services, Inc.
         Schedule of Cash Receipts and Disbursements
              For Month Ended February 28, 2009

Opening Cash Balance                             $276,319,000

Receipts
Investment Income                                     797,000
HCN Settlement                                          2,000
Other Receipts                                              0
                                              ---------------
Ending Cash                                      $141,296,000
                                              ===============

                    About LandAmerica Financial

LandAmerica Financial Group, Inc. is a leading provider of real
estate transaction services with offices nationwide and a vast
network of active agents.  LandAmerica and its affiliates operate
through approximately 700 offices and a network of more than
10,000 active agents throughout the world, including Mexico,
Canada, the Caribbean, Latin America, Europe and Asia.

LandAmerica Financial Group and its affiliate LandAmerica 1031
Exchange Services, Inc. filed for Chapter 11 protection
November 26, 2008 (Bankr. E.D. Va. Lead Case No. 08-35994).  Dion
W. Hayes, Esq., and John H. Maddock III, Esq., at McGuireWoods
LLP, are the Debtors' bankruptcy counsel.

In its bankruptcy petition, LFG listed total assets of
$3,325,100,000, and total debts of $2,839,800,000 as of
September 30, 2008.

On March 6, 2009, affiliate LandAmerica Assessment Corporation,
aka National Assessment Corporation, filed its own petition for
Chapter 11 relief.  Affiliate LandAmerica Title Company filed for
for Chapter 11 relief on March 27, 2009.

Bankruptcy Creditors' Service, Inc., publishes LandAmerica
Bankruptcy News.  The newsletter tracks the chapter 11 proceeding
undertaken by LandAmerica Financial and its affiliate LandAmerica
1031 Exchange Services, Inc. (http://bankrupt.com/newsstand/or
215/945-7000)


LEXINGTON PRECISION: Posts $1.2 Million Net Loss in February 2009
-----------------------------------------------------------------
On April 3, 2009, Lexington Precision Corp. and Lexington Rubber
Group, Inc., filed with the U.S. Bankruptcy Court for the Southern
District of New York their monthly operating report for the month
of February 2009.

The Debtors reported a net loss of $1.2 million on net sales of
$4.5 million for the month ended February 28, 2009.

At February 28, 2009, the Debtors had total assets of
$51.9 million, total liabilities of $100.6 million, and a
stockholders' deficit of $48.7 million.

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

      http://bankrupt.com/misc/Lexington.February2009MOR.pdf

                     About Lexington Precision

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

The Company and its affiliate, Lexington Rubber Group Inc., filed
for Chapter 11 protection on April 1, 2008 (Bankr. S.D.N.Y. Lead
Case No.08-11153).  Christopher J. Marcus, Esq., and Victoria
Vron, Esq., at Weil, Gotshal & Manges, represent the Debtors in
their restructuring efforts.  The Debtors selected Epiq Systems -
Bankruptcy Solutions LLC as claims agent.  The U.S. Trustee for
Region 2 appointed six creditors to serve on an Official Committee
of Unsecured Creditors.  Paul N. Silverstein, Esq., and Jonathan
Levine, Esq., at Andrews Kurth LLP, represent the Committee as
counsel.

At December 31, 2008, the Debtors had total assets of $53,354,000,
total liabilities of $100,061,000, and a stockholders' deficit of
$46,707,000.


MASONITE CORP: Files Monthly Operating Report -- March 29, 2009
---------------------------------------------------------------

                      Masonite Corporation
                         Balance Sheet
                      As of March 29, 2009

ASSETS:
  Unrestricted Cash and Equivalents              $47,856,000
  Trade receivables net                           78,691,000
  Other receivables                                2,177,000
  Intercompany Receivables - affiliates            1,006,000
  Intercompany Receivables - non-Debtor            5,007,000
  Inventories                                     90,014,000
  Prepaid                                          9,160,000
  Prepaid Retainers                                  357,000
  Current future tax asset                        17,892,000
                                              --------------
  Current Assets                                 252,160,000
                                              --------------
  Land                                             3,841,000
  Buildings & leaseholds                          83,541,000
  Mach & equipment                                         0
  ME - Computer equipment                         15,671,000
  ME - Office equipment                           46,277,000
  ME - Automobiles                                   200,000
  ME - Delivery equipment                            674,000
  ME - Distribution equipment                      5,156,000
  ME - Fixtures and fittings                               0
  ME - Tooling                                     3,394,000
  M&E - Other                                    415,964,000
  Capital Leases                                     119,000
  Less: Accumulated Depreciation                (302,968,000)
                                              --------------
  Total Property & Equipment                     271,869,000

  Intangibles - Definite life                     42,832,000
  Investment in affiliates                        37,812,000
  Investment in non-Debtor affiliates             10,093,000
  Long-term intercompany advances - affiliates    44,314,000
  Long-term intercompany advances - non-Debtor       738,000
  Long-term receivables                                    0
  Deferred costs                                     458,000
  Long term future tax asset                               0
                                              --------------
  Total Assets                                  $660,275,000
                                              ==============

LIABILITIES:
  Liabilities not subject to compromise
  Capital leases                                     141,000
  Accounts payable                                45,503,000
  Postpetition accounts payable                    8,150,000
  Accrued Interest Revolver                        1,658,000
  Accrued Interest Term Loan                       8,841,000
  Wages Payable                                   16,117,000
  Professional Fees                                        0
  Leases not compromised                           2,157,000
  Intercompany Payables - affiliates               4,685,000
  Intercompany Payables - non-Debtor affiliates    4,943,000
  Taxes payable                                      281,000
  Current future tax liability                             0
  Long-term Intercompany Payables - affiliates    61,387,000
  Long-term Intercompany Payables - non-Debtor             0
  Long-term future tax liability                  26,660,000
  Long-term non-controlling interest                       0
  Long-term liability                              9,562,000
                                              --------------
  Total liabilities not subject to compromise    190,085,000
                                              --------------
LIABILITIES & EQUITY:
  Liabilities subject to compromise            1,125,354,000
                                              --------------
  Total liabilities                            1,315,439,000
                                              --------------
  Equity                                        (655,164,000)
                                              --------------
  Liabilities & Equity                          $660,275,000
                                              ==============

                      Masonite Corporation
                     Statement of Operations
               For The Month Ended March 29, 2009

Sales                                            $28,512,000

Cost of sales                                     24,513,000

Gross profit                                       3,999,000

Selling, General & Administrative                  3,759,000
Depreciation                                       2,702,000

Amortization                                           7,000
Other expense                                         32,000
Interest                                          (4,055,000)
Income taxes                                       2,615,000
Non-controlling interest                                   0
                                              --------------
Net Income                                       ($1,061,000)
                                              ==============

                      Masonite Corporation
          Statement of Cash Receipts and Disbursements
                 For Month Ended March 29, 2009

Receipts and Disbursements

Receipts
  3rd party Receipts                             $24,741,000
  Intercompany Receipts                              952,000
  Intercompany Funding                                     0
                                              --------------
                                                  25,693,000

Operating Disbursements
  Employee Related                                (1,036,000)
  Trade                                           (6,791,000)
  Capex                                           (1,286,000)
  Intercompany Trade                                (289,000)
  Intercompany Funding                                     0
  Other                                           (2,509,000)
                                              --------------
                                                 (11,911,000)

Restructuring Disbursements
  Professionals                                            0
  Other                                                    0
                                              --------------
                                                           0

Debt Service Disbursement                                  0

Other                                             (3,966,000)
                                              --------------
  Net Cash Generated (Used)                       $9,816,000
                                              ==============

A full-text copy of the Monthly Operating report is available for
free at http://bankrupt.com/misc/Masonite_MOR_March.pdf

                   About Masonite International

Based in Ontario, Canada, Masonite International Corporation --
http://www.masonite.com/-- (TSE:MHM) is a vertically integrated
producer, manufacturing key components of doors, including
composite molded and veneer door facings, glass door lites and cut
stock.  The company provides these products to its customers in
more than 70 countries around the world.  The Company is a wholly
owned subsidiary of Masonite International Inc.  It offers a range
of interior and exterior doors.  Masonite Canada operates Masonite
International's Canadian subsidiaries, well as certain other non-
United States subsidiaries.

Masonite International, Inc., and six affiliates filed petitions
on March 16, 2009, before the Ontario Superior Court of Justice
(Commercial List) under the Companies' Creditors Arrangement Act.
The Honorable Justice Campbell presides over the CCAA proceedings.
Derrick Tay and Orestes Pasparakis at Ernst & Young, Inc. serve as
monitor.  Jay A. Carfagnini, Esq., and Brian F. Emprey, Esq., at
Goodmans LLP in Toronto, serve as the Applicants' counsel.

Masonite Corporation, based in Tampa, Florida, and several U.S.
affiliates filed for Chapter 11 bankruptcy protection on the same
day (Bankr. D. Del. Case No. 09-10844).  Judge Peter J. Walsh
handles the cases.  Richard M. Cieri, Esq., Jonathan S. Henes,
Esq., and Christopher J. Marcus, Esq., at Kirkland & Ellis LLP;
and Daniel J. DeFranceschi, Esq., Jason M. Madron, Esq., and
Katisha D. Fortune, Esq., at Richards, Layton & Finger, P.A.,
serve as bankruptcy counsel.  The Debtors' Investment Banker and
Financial Advisor is Perella Wenberg Partners LLP; the Debtors'
Restructuring Advisors is Alvarez & Marsal North American LLC; and
the Debtors' Claims Agent is Kurtzman Carson Consultants LLC.

As of January 31, 2009, the Debtors had total assets of
$1,527,495,443 and total debts of $2,641,590,842.

The Debtors filed with the Bankruptcy Court a pre-negotiated
reorganization plan together with their petitions.  The Plan
provides that Masonite's existing senior secured obligations will
be converted on a pro rata basis subject to the election of each
existing holder of Senior Secured Obligations into: (i) a new
first-priority senior secured term loan; (ii) a new second-
priority senior secured PIK loan; and (iii) 97.5% of the common
equity of the reorganized Masonite.  Holders of Masonite's
existing senior subordinated notes will be allocated 2.5% of the
common equity in the reorganized Masonite plus warrants for 17.5%
of the common stock of the reorganized Company, subject to
dilution under certain conditions.  Holders of Class 5 General
Unsecured Claims under the Plan will be unimpaired and is expected
to recover 100% under the Plan.

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


PLIANT CORP: Posts $17.2 Million Net Loss in February 2009
----------------------------------------------------------
Pliant Corporation and its affiliated debtors filed with the U.S.
Bankruptcy Court for the District of Delaware on April 3, 2009, a
monthly operating report for the month ended February 28, 2009.

The Debtors reported a net loss of $17.2 million on net sales of
$141.2 million.  Operating loss was $1.3 million.

The Debtor reported total assets of $457.3 million and total
liabilities of $1.00 billion as of February 28, 2009.

A copy of the Debtors' monthly operating report for the month
ended February 28, 2009, is available at:

      http://bankrupt.com/misc/Pliant.February2009MOR.pdf

                        About Pliant Corp.

Headquartered in Schaumburg, Illinois, Pliant Corporation produces
polymer-based films and flexible packaging products for food,
beverage, personal care, medical, agricultural and industrial
applications.  The Company has operations in Australia, New
Zealand, Germany, and Mexico.

The Debtor and 10 of its affiliates filed for Chapter 11
protection on January 3, 2006 (Bankr. D. Del. Lead Case No.
06-10001).  James F. Conlan, Esq., at Sidley Austin LLP, and Edmon
L. Morton, Esq., and Robert S. Brady, Esq., at Young, Conaway,
Stargatt & Taylor, represented the Debtors in their restructuring
efforts.  The Debtors tapped McMillan Binch Mendelsohn LLP, as
Canadian counsel.  As of September 30, 2005, the Company had
$604.3 million in total assets and $1.19 billion in total debts.
The Debtors emerged from Chapter 11 on July 19, 2006.

Pliant Corp. and its affiliates again filed for Chapter 11 after
reaching terms of a pre-packaged restructuring plan.  The
voluntary petitions were filed Feb. 11, 2009 (Bank. D. Del. Case
Nos. 09-10443 through 09-10451).  The Hon. Mary F. Walrath
presides over the cases.  Jessica C.K. Boelter, Esq., at Sidley
Austin LLP, in Chicago, Illinois, and Edmon L. Morton, Esq., at
Robert S. Brady, Esq., at Young Conaway Stargatt & Taylor, LLP, in
Wilmington, Delaware, provide bankruptcy counsel to the Debtors.
Epiq Bankruptcy Solutions LLC acts as claims and noticing agent.
The U.S. Trustee for Region 3 appointed five creditors to serve on
an Official Committee of Unsecured Creditors.  The Committee
selected Lowenstein Sandler PC as its counsel.  As of
September 30, 2008, the Debtors had $688.6 million in total assets
and $1.03 billion in total debts.


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

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

ASSETS:
Current Assets:
   Cash and cash equivalents                       $36,500,000
   Restricted Cash                                     600,000
   Accounts Receivable, net                         54,400,000
   Accounts Receivable claims - prepetition                  0
   Inventories, net                                 73,800,000
   Deferred income taxes                             8,700,000
   Prepaid expenses and other current assets        23,800,000
   Assets held for sale                              6,200,000
                                                  ------------
Total current assets                               204,000,000

Other assets:
   Goodwill                                                  0
   Intangible assets, net                           15,500,000
   Deferred income taxes                                     0
   Investment in subsidiaries                                0
   Intercompany notes receivable                             0
   Other assets                                      8,700,000
                                                  ------------
Property, plant and equipment, net                 182,000,000
                                                  ------------
Total assets                                      $410,200,000
                                                  ============
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                         1,200,000
Postpetition
   Accounts payable                                 13,900,000
   Accrued liabilities                              17,800,000
   Current portion of debt and accrued interest     21,300,000
   Accrued pension obligations                               0
   Restructuring and other similar costs               800,000
   Other current liabilities                         1,500,000
                                                  ------------
Total current liabilities                          448,400,000

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                              24,500,000
   Other non-current liabilities                     2,100,000
                                                  ------------
  Total non-current liabilities                     53,700,000

  Total stockholder's equity
   Common stock                                              0
   Paid-in capital                                  96,400,000
   Accumulated other comprehensive income          (12,700,000)
   Retained earnings - prior year                 (167,100,000)
   Retained earnings - current year                 (8,500,000)
                                                  ------------
  Total stockholder's equity                       (91,900,000)
                                                  ------------
Total Liabilities and stockholder's equity       $410,200,000
                                                  ============

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

Net revenue                                        $28,400,000
Cost of sales                                       26,900,000
                                                  ------------
   Gross profit                                      1,500,000

Operating expenses:
   Selling, general and administrative               4,600,000
   Other(income) expense, net                                0
   Add Back depreciation and amortization            1,800,000

EBITDA                                             (1,300,000)
   Depreciation & Amortization                       1,800,000
   Interest expense                                  1,500,000
   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                  (5,700,000)
     Income tax provision (benefit)                          0
                                                  ------------
Net income (loss)                                 ($5,700,000)
                                                  ============

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

Cash flows from operating activities
  Net income(loss)                                 ($5,700,000)

  Adjustments to reconcile, net income to net cash
  provided by (used) in operating activities:
   Depreciation and amortization                     1,800,000
   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        (1,000,000)
   (Decrease) increase in liabilities-prepetition            0
   (Decrease)increase in liabilities-postpetition    2,500,000
                                                  ------------
Net cash provided (used) by operating activities   (2,200,000)

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                                 0
   Proceeds from revolving debt                      5,000,000
   Debt issuance costs                                       0
   Dividends                                                 0
   Net receipts from unconsolidated parent company           0
   Activity with Affiliates                            200,000
                                                 -------------
Net cash provided by (used in) financing activities 5,200,000
   Effect of changes in foreign exchange rates on
    cash and cash equivalents                         (400,000)
                                                 -------------
  Change in cash and cash equivalents                2,500,000
                                                 -------------
  Cash and cash equivalents-beginning period        34,000,000
                                                 -------------
  Cash and cash equivalents- end period            $36,500,000
                                                 =============

                       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 January 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 December 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)


QUEBECOR WORLD: Monthly Operating Report for December 2008
----------------------------------------------------------

              Quebecor World (USA), Inc., et al.
                    Combined Balance Sheet
                   As of December 31, 2008

ASSETS

Current Assets:
  Cash and Cash equivalents                      $151,800,000
  Accounts receivables                            617,400,000
  Inventories                                     152,600,000
  Future income taxes and tax receivable           36,400,000
  Prepaid Expenses                                 31,000,000
                                              ---------------
Total current expenses                            989,200,000
                                              ---------------
Property, plant and equipment                     958,600,000
Goodwill                                                    0
Restricted cash                                    32,300,000
Future income taxes                                   300,000
Other assets                                      349,900,000
                                              ---------------
TOTAL ASSETS                                   $2,330,300,000
                                              ===============

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:
  Bank indebtedness                                $6,300,000
  Trade payables and accrued liabilities          269,800,000
  Income and other taxes payable                   14,600,000
  Current portion long-term debt                  501,800,000
  Liabilities subject to compromise             2,942,000,000
                                              ---------------
Total current liabilities                       3,734,500,000
                                              ---------------
Other liabilities not subject to compromise:
  Long-term debt                                   53,500,000
  Other liabilities                               156,600,000
  Future income taxes                              38,800,000

Shareholders equity:
Capital stock                                   1,031,300,000
Contributed surplus                               470,000,000
Deficit                                        (3,154,500,000)
Accumulated other comprehensive loss                  100,000
                                              ---------------
Total Equity                                   (1,653,100,000)
                                              ---------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY     $2,330,300,000
                                              ===============

              Quebecor World (USA), Inc., et al.
               Combined Statement of Operations
             For the Month Ended December 31, 2008

OPERATING REVENUES                                $224,400,000

Operating expenses:
Cost of sales                                      175,100,000
Selling, general and administrative                 26,500,000
Depreciation and amortization                       23,500,000
Impairment of assets, restructuring and
other charges                                      178,300,000
Goodwill impairment                                336,400,000
                                               ---------------
Total operating expenses                           739,800,000
                                               ---------------
Operating income                                  (515,400,000)
                                               ---------------
Financial expenses                                  35,200,000
Reorganization items                                12,100,000
Income taxes                                       (55,200,000)
                                               ---------------
                                                    (7,900,000)
                                               ---------------
Net loss and comprehensive loss                  ($507,500,000)
                                               ===============

              Quebecor World (USA), Inc., et al.
               Combined Statement of Cash Flows
               For Month Ended December 31, 2008

Cash flows from operating activities:
Net loss                                         ($507,500,000)
Adjustments for:
Depreciation of property, plant and equipment       23,500,000
Future income taxes                                (43,200,000)
Amortization of other assets                           900,000
Impairment of assets and non cash portion
  of restructuring and other charges               165,800,000
Goodwill impairment charge                         336,400,000
Other                                                  700,000
                                               ---------------
                                                   (23,400,000)
                                               ---------------
Net changes in non-cash balances to operations:
Accounts receivable                                 12,700,000
Inventories                                         13,200,000
Trade payables and accrued liabilities              23,400,000
Other current assets and liabilities               (16,300,000)
Other non-current assets and liabilities           (20,700,000)
                                               ---------------
                                                    12,300,000
                                               ---------------
Cash flows provided by (used in)
  operating activities                             (11,100,000)
                                               ---------------
Cash flows from financing activities:
Net change in bank indebtedness                     (7,000,000)
Net change in long-term debt                        12,100,000
                                               ---------------
Cash flows provided by (used in)
  financing activities                               5,100,000

Cash flows from investing activities:
Additions to property, plant and equipment         (10,100,000)
Net proceeds from disposal of assets                   100,000
                                               ---------------
Cash flows provided by (used in)
  investing activities                             (10,000,000)

Net changes in cash and cash equivalents           (16,000,000)
Cash and cash equivalents, beginning of period     167,800,000
                                               ---------------
Cash and cash equivalents, end of period          $151,800,000
                                               ===============

                      About Quebecor World

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

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

Ernst & Young, Inc., the monitor of Quebecor World Inc., and its
affiliates' reorganization proceedings under the Canadian
Companies' Creditors Arrangement Act, filed a petition under
Chapter 15 of the Bankruptcy Code before the U.S. Bankruptcy Court
for the Southern District of New York on September 30, 2008, on
behalf of QWI (Bankr. S.D.N.Y. Case No. 08-13814).  The Chapter 15
case is before Judge James M. Peck.  Kenneth P. Coleman, Esq., at
Allen & Overy LLP, in New York, serves as counsel to the Chapter
15 petitioner.

QWI and certain of its subsidiaries commenced the CCAA proceedings
before the Quebec Superior Court (Commercial Division) on
January 20, 2008.  The following day, 53 of QWI's U.S.
subsidiaries, including Quebecor World (USA), Inc., filed
petitions under Chapter 11 of the U.S. Bankruptcy Code.

The Honorable Justice Robert Mongeon oversees the CCAA case.
Francois-David Pare, Esq., at Ogilvy Renault, LLP, represents the
Company in the CCAA case.  Ernst & Young Inc. was appointed as
Monitor.

Quebecor World (USA) Inc., its U.S. subsidiary, along with other
U.S. affiliates, filed for chapter 11 bankruptcy before the U.S.
Bankruptcy Court for the Southern District of New York (Lead Case
No. 08-10152).  Anthony D. Boccanfuso, Esq., at Arnold & Porter
LLP, represents the Debtors in their restructuring efforts.  The
Official Committee of Unsecured Creditors is represented by Akin
Gump Strauss Hauer & Feld LLP.

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

QWI is the only entity involved in the CCAA proceedings that is
not a Debtor in the Chapter 11 Cases.

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


QUEBECOR WORLD: Monthly Operating Report for January 2009
---------------------------------------------------------

              Quebecor World (USA), Inc., et al.
                    Combined Balance Sheet
                    As of January 31, 2009

ASSETS

Current Assets:
  Cash and Cash equivalents                      $200,700,000
  Accounts receivables                            534,200,000
  Inventories                                     136,600,000
  Future income taxes and tax receivable           36,400,000
  Prepaid Expenses                                 31,600,000
                                              ---------------
Total current expenses                            939,500,000
                                              ---------------
Property, plant and equipment                     948,400,000
Restricted cash                                    32,400,000
Future income taxes                                   200,000
Other assets                                      350,600,000
                                              ---------------
TOTAL ASSETS                                   $2,271,100,000
                                              ===============

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:

  Bank indebtedness                               $12,600,000
  Trade payables and accrued liabilities          216,700,000
  Payables to related parties                               0
  Income and other taxes payable                   18,800,000
  Current portion long-term debt                  492,700,000
  Liabilities subject to compromise             2,961,400,000
                                              ---------------
Total current liabilities                       3,702,200,000
                                              ---------------
Other liabilities not subject to compromise:
  Long-term debt                                   62,300,000
  Other liabilities                               155,400,000
  Future income taxes                              24,600,000

Shareholders equity:
Capital stock                                   1,031,300,000
Contributed surplus                               470,000,000
Retained earnings                              (3,174,800,000)
Accumulated other comprehensive loss                  100,000
                                              ---------------
Total Equity                                   (1,673,400,000)
                                              ---------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY     $2,271,100,000
                                              ===============

              Quebecor World (USA), Inc., et al.
               Combined Statement of Operations
             For the Month Ended January 31, 2009

OPERATING REVENUES                               $230,200,000
Operating expenses:
Cost of sales                                     201,800,000
Selling, general and administrative                18,100,000
Depreciation and amortization                      16,500,000
                                              ---------------
Total operating expenses                          236,400,000
                                              ---------------
Operating income                                   (6,200,000)
                                              ---------------
Financial expenses                                 24,000,000
Reorganization items                                2,900,000
Income taxes                                      (12,800,000)
                                              ---------------
                                                   14,100,000
                                              ---------------
Net loss and comprehensive loss                  ($20,300,000)
                                              ===============

              Quebecor World (USA), Inc., et al.
               Combined Statement of Cash Flows
               For Month Ended January 31, 2009

Cash flows from operating activities:
Net loss                                         ($20,300,000)
Adjustments for:
Depreciation of property, plant and equipment      16,500,000
Future income taxes                               (14,100,000)
Amortization of other assets                        1,100,000
Other                                                 200,000
                                              ---------------
                                                  (16,600,000)
                                              ---------------
Net changes in non-cash balances to operations:
Accounts receivable                                91,200,000
Inventories                                        16,000,000
Trade payables and accrued liabilities            (40,000,000)
Other current assets and liabilities                3,600,000
Other non-current assets and liabilities           (2,700,000)
                                              ---------------
                                                   68,100,000
                                              ---------------
Cash flows provided by (used in)
  operating activities                             51,500,000
                                              ---------------
Cash flows from financing activities:
Net change in bank indebtedness                     6,200,000
Net change in ling-term debt                         (900,000)
                                              ---------------
Cash flows provided by (used in)
  financing activities                              5,300,000

Cash flows from investing activities:
Additions to property, plant and equipment         (8,100,000)
Net proceeds from disposal of assets                  300,000
Restricted cash related to insolvency proceedings    (100,000)
                                              ---------------
Cash flows provided by (used in)
  investing activities                             (7,900,000)

Net changes in cash and cash equivalents           48,900,000
Cash and cash equivalents, beginning of period    151,800,000
                                              ---------------
Cash and cash equivalents, end of period         $200,700,000
                                              ===============

                      About Quebecor World

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

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

Ernst & Young, Inc., the monitor of Quebecor World Inc., and its
affiliates' reorganization proceedings under the Canadian
Companies' Creditors Arrangement Act, filed a petition under
Chapter 15 of the Bankruptcy Code before the U.S. Bankruptcy Court
for the Southern District of New York on September 30, 2008, on
behalf of QWI (Bankr. S.D.N.Y. Case No. 08-13814).  The Chapter 15
case is before Judge James M. Peck.  Kenneth P. Coleman, Esq., at
Allen & Overy LLP, in New York, serves as counsel to the Chapter
15 petitioner.

QWI and certain of its subsidiaries commenced the CCAA proceedings
before the Quebec Superior Court (Commercial Division) on
January 20, 2008.  The following day, 53 of QWI's U.S.
subsidiaries, including Quebecor World (USA), Inc., filed
petitions under Chapter 11 of the U.S. Bankruptcy Code.

The Honorable Justice Robert Mongeon oversees the CCAA case.
Francois-David Pare, Esq., at Ogilvy Renault, LLP, represents the
Company in the CCAA case.  Ernst & Young Inc. was appointed as
Monitor.

Quebecor World (USA) Inc., its U.S. subsidiary, along with other
U.S. affiliates, filed for chapter 11 bankruptcy before the U.S.
Bankruptcy Court for the Southern District of New York (Lead Case
No. 08-10152).  Anthony D. Boccanfuso, Esq., at Arnold & Porter
LLP, represents the Debtors in their restructuring efforts.  The
Official Committee of Unsecured Creditors is represented by Akin
Gump Strauss Hauer & Feld LLP.

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

QWI is the only entity involved in the CCAA proceedings that is
not a Debtor in the Chapter 11 Cases.

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


QUEBECOR WORLD: Monthly Operating Report for February 2009
----------------------------------------------------------

              Quebecor World (USA), Inc., et al.
                    Combined Balance Sheet
                   As of February 28, 2009

ASSETS

Current Assets:
  Cash and Cash equivalents                       $232,700,000
  Accounts receivables                             504,200,000
  Inventories                                      129,800,000
  Future income taxes and tax receivable            36,400,000
  Prepaid Expenses                                  28,000,000
                                               ---------------
Total current expenses                             931,100,000
                                               ---------------
Property, plant and equipment                      939,000,000
Restricted cash                                     32,500,000
Future income taxes                                    300,000
Other assets                                       351,300,000
                                               ---------------
TOTAL ASSETS                                    $2,254,200,000
                                               ===============

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:

  Bank indebtedness                                 $9,400,000
  Trade payables and accrued liabilities           219,900,000
  Income and other taxes payable                    15,500,000
  Current portion long-term debt                   492,800,000
  Liabilities subject to compromise              2,981,300,000
                                               ---------------
Total current liabilities                        3,718,900,000
                                               ---------------
Other liabilities not subject to compromise:
  Long-term debt                                    61,400,000
  Other liabilities                                153,600,000
  Future income taxes                               38,700,000

Shareholders equity:
Capital stock                                    1,031,300,000
Contributed surplus                                470,000,000
Retained earnings                               (3,219,700,000)
Accumulated other comprehensive loss                         0
                                               ---------------
Total Equity                                    (1,718,400,000)
                                               ---------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY      $2,254,200,000
                                               ===============

              Quebecor World (USA), Inc., et al.
               Combined Statement of Operations
             For the Month ended February 28, 2009

OPERATING REVENUES                                $179,900,000
Operating expenses:
Cost of sales                                      155,600,000
Selling, general and administrative                 15,600,000
Depreciation and amortization                       13,400,000
                                               ---------------
Total operating expenses                           184,600,000
                                               ---------------
Operating income                                    (4,700,000)
                                               ---------------
Financial expenses                                  24,800,000
Reorganization items                                 3,000,000
Income taxes                                        12,500,000
                                               ---------------
                                                    40,300,000
                                               ---------------
Net loss and comprehensive loss                   ($45,000,000)
                                               ===============

              Quebecor World (USA), Inc., et al.
               Combined Statement of Cash Flows
               For Month Ended February 28, 2009

Cash flows from operating activities:
Net loss                                          ($45,000,000)
Adjustments for:
Depreciation of property, plant and equipment       13,400,000
Future income taxes                                 14,100,000
Amortization of other assets                         1,000,000
Other                                                  300,000
                                               ---------------
                                                   (16,200,000)
                                               ---------------
Net changes in non-cash balances to operations:
Accounts receivable                                 24,200,000
Inventories                                          6,700,000
Trade payables and accrued liabilities              29,000,000
Other current assets and liabilities                   200,000
Other non-current assets and liabilities            (3,800,000)
                                               ---------------
                                                    56,300,000
                                               ---------------
Cash flows provided by (used in)
  operating activities                              40,100,000
                                               ---------------
Cash flows from financing activities:
Net change in bank indebtedness                     (3,100,000)
Net change in long-term debt                          (700,000)
                                               ---------------
Cash flows provided by (used in)
  financing activities                              (3,800,000)

Cash flows from investing activities:
Additions to property, plant and equipment          (4,200,000)
Restricted cash related to insolvency proceedings     (100,000)
                                               ---------------
Cash flows provided by (used in)
  investing activities                              (4,300,000)

Net changes in cash and cash equivalents            32,000,000
Cash and cash equivalents, beginning of period     200,700,000
                                               ---------------
Cash and cash equivalents, end of period          $232,700,000
                                               ===============

                      About Quebecor World

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

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

Ernst & Young, Inc., the monitor of Quebecor World Inc., and its
affiliates' reorganization proceedings under the Canadian
Companies' Creditors Arrangement Act, filed a petition under
Chapter 15 of the Bankruptcy Code before the U.S. Bankruptcy Court
for the Southern District of New York on September 30, 2008, on
behalf of QWI (Bankr. S.D.N.Y. Case No. 08-13814).  The Chapter 15
case is before Judge James M. Peck.  Kenneth P. Coleman, Esq., at
Allen & Overy LLP, in New York, serves as counsel to the Chapter
15 petitioner.

QWI and certain of its subsidiaries commenced the CCAA proceedings
before the Quebec Superior Court (Commercial Division) on
January 20, 2008.  The following day, 53 of QWI's U.S.
subsidiaries, including Quebecor World (USA), Inc., filed
petitions under Chapter 11 of the U.S. Bankruptcy Code.

The Honorable Justice Robert Mongeon oversees the CCAA case.
Francois-David Pare, Esq., at Ogilvy Renault, LLP, represents the
Company in the CCAA case.  Ernst & Young Inc. was appointed as
Monitor.

Quebecor World (USA) Inc., its U.S. subsidiary, along with other
U.S. affiliates, filed for chapter 11 bankruptcy before the U.S.
Bankruptcy Court for the Southern District of New York (Lead Case
No. 08-10152).  Anthony D. Boccanfuso, Esq., at Arnold & Porter
LLP, represents the Debtors in their restructuring efforts.  The
Official Committee of Unsecured Creditors is represented by Akin
Gump Strauss Hauer & Feld LLP.

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

QWI is the only entity involved in the CCAA proceedings that is
not a Debtor in the Chapter 11 Cases.

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


SHARPER IMAGE: Monthly Operating Report for February 2009
---------------------------------------------------------

                      Sharper Image Corp.
                         Balance Sheet
                    As of February 28, 2009

ASSETS

Current assets:
  Unrestricted Cash and Equivalents                 $5,361,964
  Restricted Cash and Equivalents                            -
  Trade Accounts Receivable, net                       240,315
  Other Accounts Receivable(Credit cards etc.)         126,539
  Other Accounts Receivable(Subject to set-off
    against AP and accrued liabilities               2,847,267
  Notes Receivable                                           -
  Inventories                                                -
  Prepaid Expenses                                   1,072,622
  Professional Retainers                                     -
  Deferred Income Taxes/Prepaid Income Taxes        16,971,920
  Debit balances in AP                                 938,221
                                                  ------------
Total current assets                                27,558,848

Property and Equipment:
  Real Property and Improvements                             -
  Machinery and Equipment                                    -
  Furniture, Fixtures and Office Equipment                   -
  Leasehold Improvements                                     -
  Vehicles                                                   -
  Work In Progress                                           -
  Less: Accumulated Depreciation                             -
                                                  ------------
Total Property and Equipment                                 -

Other assets:
  Loans to Insiders                                          -
  Other Assets                                       5,716,367
                                                  ------------
Total Assets                                       $33,275,215
                                                  ============

LIABILITIES AND OWNER'S EQUITY

Liabilities not subject to Compromise (Post)
  Accounts Payable                                 ($7,875,978)
  Taxes Payable                                       (823,788)
  Wages Payable                                              -
  Notes Payable                                              -
  Rent/Leases - Building/Equipment                           -
  Secured Debt - Line of credit                              -
  Other Reserves                                             -
  Liquidation (GOB Sales) Clearing Account                   -
  Amounts Due to Insiders                                    -
  Accrual for Unpaid Professional Fees                (544,000)
  Licensing advances received postpetition             (25,000)
  Other Postpetition Liabilities                             -
                                                  ------------
Total Postpetition Liabilities                      (9,268,766)

Liabilities not subject to Compromise (Pre)
  Secured Debt - Line of credit                              -
  Secured Debt - Other                                       -
  Priority Debt                                              -
  Unsecured Debt (Accounts Payable)                (48,650,635)
  Expense Accruals and Other Liabilities            (2,529,122)
  Short Term Liabilities                            (3,554,215)
  Deferred (GAAP) rent/landlord allowances etc        (526,174)
  Deferred Tax (Liability)/Asset                    91,920,506
  Deferred Revenue (Gift cards and Royalties)      (33,789,666)
  Other Reserves and allowances                     (2,890,720)
                                                  -------------
Total Prepetition Liabilities                          (20,027)
                                                 -------------
Total Liabilities                                   (9,288,793)

Owner's Equity
  Capital Stock                                       (152,132)
  Additional Paid-In Capital                      (116,716,579)
  Deferred Stock Compensation
    and Stock Repurchase                               180,069
  Retained Earnings - Prepetition                   63,247,322
  Retained Earnings - Postpetition                  29,454,899
                                                  ------------
Net Owner's Equity                                 (23,986,421)
                                                  ------------
Total Liabilities and Owner's Equity              ($33,275,214)
                                                  ============

                      Sharper Image Corp.
                    Statement of Operations
              For Month Ended February 28, 2009

Revenues:

  Gross Revenues                                            $-
  Less: Returns and Allowances                               -
                                                  ------------
  Net Revenue                                                -

Cost of Goods Sold:
  Cost of Goods Sold                                      (184)
                                                  ------------
  Gross Profit                                             184

Operating Expenses:
  Advertising                                           11,763
  Auto and Truck Expense                                     -
  Bad Debts                                             (1,025)
  Contributions                                              -
  Employee Benefit Programs                                  -
  Insider Compensations                                      -
  Insurance                                              6,766
  Management Fees/Bonuses                                    -
  Office Expense                                             -
  Pension & Profit-Sharing Plans                             -
  Repairs and Maintenance                                2,246
  Rent and Lease Expense                                10,463
  Salaries/Commissions/Fees                             31,667
  Supplies                                                   -
  Taxes- Payroll                                         2,431
  Taxes- Real Estate                                         -
  Taxes- Other                                               -
  Travel and Entertainment                                   -
  Utilities                                             16,294
  Other                                                313,799
                                                   -----------
  Total Operating Expense Before Depr.                 394,402

  Depreciation/Depletion/Amortization                        -
                                                   -----------
  Net Profit (Loss)
    Before Other Income & Expenses                    (394,217)

Other Income and Expenses:
  Licensing Income                                     118,767
  Interest Income                                          920
                                                   -----------
  Net Profit (Loss)                                   (274,530)
  before reorganization items

Reorganization Items:
  Professional Fees                                    185,784
  US Trustee Quarterly Fees                                  -
  Interest Earned on Accm Case                               -
  Loss(Gain) from sale of assets                             -
  Other Reorganization Expense                         (51,432)
                                                  ------------
  Total Reorganization Expenses                        134,352
                                                  ------------
  Net Profit (Loss)
    Before Income Taxes (Benefit)                     (408,883)
  Income Taxes (Benefit)                                     -
                                                  ------------
  Net Profit (Loss)                                  ($408,883)
                                                  ============

                      Sharper Image Corp.
                    Statement of Cash Flows
               For Month Ended February 28, 2009

Opening Balance                                     $5,569,904

Receipts
  Cash Sales (from stores)                                   -
  Credit Card Settlements                                    -
  Other Settlements                                          -
  Accounts Receivable                                    1,025
  Sale of Assets                                             -
  Interest/Dividend Income                                 920
  Tax Refunds Received                                  41,353
  Collections from vendors                           1,053,137
  Mail Order/License Deposits, Other Deposits           20,125
                                                  ------------
  Total Receipts                                     1,116,560

Transfers
  Line of Credit Draw/Pay Down                               -
  Transfers from stores to deposit a/c - sweep               -
  Transfers from concentration to refunds                    -
  Transfers from concentration to payroll                    -
  Other Inter-account transfers                              -
  Transfers from Concentration to Disbursement               -
                                                  ------------
  Total Transfers                                            -
                                                  ------------
  Total Receipts & Transfers                         1,116,560

Disbursements
  Liquidator Reimbursements                                  -
  Net Payroll                                           19,504
  Payroll Taxes                                         14,606
  401k                                                       -
  Employee Benefits                                          -
  Sales, Use & Other Taxes                              59,397
  Inventory Purchases                                        -
  Secured/Rental/Leases                                  4,178
  Insurance                                                  -
  Administrative                                         6,264
  Selling                                                    -
  Bank/Credit Card Fees/Sales audit adjs                     -
  Refund checks issued (net of stop payments)                -
  Other                                                      -
  Customs/Duties/Freight                                     -
  Interest and LC fees                                       -
  Professional Fees                                          -
  US Trustee Quarterly Fees                                  -
  Court Costs                                                -
                                                  ------------
  Total Disbursements                                  103,949
                                                  ------------
Net Cash Flow                                       $1,012,611
                                                  ============

                         The Sharper Image

Headquartered in San Francisco, California, Sharper Image Corp. --
http://www.sharperimage.com/-- was a multi-channel specialty
retailer.  It operated 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 was 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 February 19, 2008
(Bankr. D.D., Case No. 08-10322).  Judge Kevin Gross presides
over the case.  Harvey R. Miller, Esq., Lori R. Fife, Esq., and
Christopher J. Marcus, Esq., at Weil, Gotshal & Manges, LLP,
serve as the Debtor's lead counsel.  Steven K. Kortanek, Esq.,
and John H. Strock, Esq., at Womble, Carlyle, Sandridge & Rice,
P.L.L.C., serve as the Debtor's local Delaware counsel.

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

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

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

(Sharper Image Bankruptcy News, Issue No. 29; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or
215/945-7000)


TRIBUNE COMPANY: Files Monthly Operating Report -- March 1, 2009
----------------------------------------------------------------

                        Tribune Company, et al.
                   Condensed Combined Balance Sheet
                         As of March 1, 2009

ASSETS
Current Assets:
  Cash and cash equivalents                       $822,135,000
  Accounts receivable, net                          77,274,000
  Inventories                                       33,815,000
  Broadcast rights                                 235,079,000
  Prepaid expenses and other                        89,188,000
                                               ---------------
Total current assets                             1,257,491,000

Property, plant and equipment, net               1,356,468,000

Other Assets:
  Broadcast rights                                 164,080,000
  Goodwill & other tangible assets               3,163,374,000
  Prepaid pension costs                                      0
  Investments in non-debtor units                1,125,528,000
  Other investments                                 15,675,000
  Intercompany receivables from
     non-debtors                                 4,733,868,000
  Other                                            102,097,000
                                               ---------------
Total Assets                                   $11,918,581,000
                                               ===============

LIABILITIES & SHAREHOLDERS' EQUITY

Current Liabilities:
  Accounts payable, accrued expenses & other      $306,530,000
                                               ---------------
Total current liabilities                          306,530,000

Pension obligations                                206,285,000
Long-term debt                                      14,350,000
Other obligations                                  285,503,000
                                               ---------------
Total Liabilities                                  812,667,000

Liabilities Subject to Compromise:
  Intercompany payables to
     non-debtors                                 4,459,795,000
  Obligations to third parties                  13,858,373,000
                                               ---------------
Total Liabilities Subject to Compromise         18,318,168,000

Shareholders' Equity (Deficit)                  (7,212,255,000)
                                               ---------------
Total Liabilities & Shareholders' Equity       $11,918,581,000
                                               ===============

                    Tribune Company, et al.
          Condensed Combined Statement of Operations
       For the Period Feb. 2, 2009 through March 1, 2009

Total Revenue                                     $238,751,000

Operating Expenses:
  Cost of sales                                    139,704,000
  Selling, general and administrative               85,630,000
  Depreciation                                      13,122,000
  Amortization of intangible assets                  1,390,000
                                                --------------
Total operating assets                             239,846,000
                                                --------------
Operating Loss                                      (1,095,000)
                                                --------------
Net loss on equity investments                        (476,000)
Interest income, net                               (20,895,000)
Management fee                                      (1,973,000)
Non-operating loss, net                             (1,059,000)
                                                --------------
Loss before income taxes and
  reorganization costs                             (25,498,000)
Reorganization costs                                (4,366,000)
                                                --------------
Loss before income taxes                           (29,864,000)
Income taxes                                            47,000
                                                --------------
Net loss                                          ($29,817,000)
                                                ==============

                     Tribune Company, et al.
           Combined Schedule of Operating Cash Flow
       For the Period Feb. 2, 2009 through March 1, 2009

Beginning Cash Balance                            $753,421,000

Cash Receipts:
  Operating receipts                               279,716,000
  Other                                                      0
                                                --------------
Total Cash Receipts                                279,716,000

Cash Disbursements
  Compensation and benefits                         84,646,000
  General disbursements                            157,382,000
  Reorganization, interest & fees                            0
                                                --------------
Total Disbursements                                242,028,000

Debtors' Net Cash Flow                              37,688,000

From/(To) Non-Debtors                               14,485,000
                                                --------------
Net Cash Flow                                       52,173,000
Other                                                6,146,000
                                                --------------
Ending Available Cash Balance                     $811,740,000
                                                ==============

Headquartered in Chicago, Illinois, Tribune Company --
http://www.tribune.com/-- is a media company, operating
businesses in publishing, interactive and broadcasting, including
ten daily newspapers and commuter tabloids, 23 television
stations, WGN America, WGN-AM and the Chicago Cubs baseball
team.  The company and 110 of its affiliates filed for Chapter 11
protection on December 8, 2008 (Bankr. D. Del. Lead Case No.
08-13141).  The Debtors proposed Sidley Austion LLP as their
counsel; Cole, Schotz, Meisel, Forman & Leonard, PA, as Delaware
counsel; Lazard Ltd. and Alvarez & Marsal North Americal LLC as
financial advisors; and Epiq Bankruptcy Solutions LLC as claims
agent.  As of Dec. 8, 2008, the Debtors have $7,604,195,000 in
total assets and $12,972,541,148 in total debts.

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


TRUMP ENTERTAINMENT: Posts $17.6 Million Net Loss in March 2009
---------------------------------------------------------------
TCI 2 Holdings, LLC, et al., filed with the U.S. Bankruptcy Court
for the District of New Jersey on April 20, 2009, a monthly
operating report for March 2009.

The Debtors reported a consolidated net loss of $17.6 million on
net revenues of $67.5 million for the month ended March 31, 2009,

At March 31, 2009, the Debtors had total assets of $2.012 billion,
total liabilities of $2.065 billion, and a stocholders' deficit of
$52.7 million.  Consolidated cash balance was $70.4 million.

At February 16, 2009, the Debtors had $2.035 billion in total
assets, $2.054 billion in total liabilities, and a stocholders'
deficit of $18.8 million.  Consolidated cash balance was
$71.2 million.

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

        http://bankrupt.com/misc/TCI2.March2009MOR.pdf

                    About Trump Entertainment

Based in Atlantic City, New Jersey, Trump Entertainment Resorts
Inc. (NASDAQ: TRMP) -- http://www.trumpcasinos.com/-- owns and
operates three casino hotel properties in Atlantic City, New
Jersey, which include Trump Taj Mahal Casino Resort, Trump Plaza
Hotel and Casino, and Trump Marina Hotel Casino.  The company
conducts gaming activities and provides customers with casino
resort and entertainment.

Donald Trump is a shareholder of the company and, as its non-
executive chairman, is not involved in the daily operations of the
Company.  The company is separate and distinct from Mr. Trump's
privately held real estate and other holdings.

Trump Entertainment Resorts, TCI 2 Holdings, LLC and other
affiliates filed for Chapter 11 on February 17, 2009 (Bankr. D.
N.J., Lead Case No. 09-13654).  Charles A. Stanziale, Jr., Esq.,
Jeffrey Thomas Testa, Esq., Joseph Lubertazzi, Jr., Lisa S.
Bonsall, Esq., and Angela S. Abreu, Esq., at McCarter & English,
LLP, represents the Debtors as counsel.  Philip Rosen, Esq., Ted
S. Waksman, Esq., and Michael F. Walsh, Esq., at Weil Gotshal &
Manges LLP represent the Debtors as co-counsel.  Lazard Freres &
Co. LLC is Debtors' financial advisor and investment banker.  The
company disclosed assets of $2,055,555,000 and debts of
$1,737,726,000 as of December 31, 2008.


VERASUN ENERGY: Monthly Operating Report -- Ended Feb. 28, 2009
---------------------------------------------------------------
VeraSun Energy Corp. and its affiliates authority tell the U.S.
Bankruptcy Court for the District of Delaware that they had an
aggregate of $3,364,781,000 in assets, $1,375,130,000 in
shareholders' equity, and $1,989,741,000 in liabilities as of
February 28, 2009.

The Debtors also disclose that they had a net loss of
$1,593,619,000 for the month ending February 28, 2009.

Furthermore, the Debtors tell the Court that they received cash
totaling $85,359,000 and disbursed cash totaling $83,393,000 for
the month ending February 28, 2009.

A full-text copy of the February 2009 Operating Report is
available for free at http://bankrupt.com/misc/VerSFeb09MOR.pdf

Bryan D. Meier, the Debtors' vice president and finance and chief
accounting officer, says the monthly operating report was
prepared solely for the purpose of complying with monthly
reporting requirements and in a format prescribed under the
Bankruptcy Code and not in accordance with accounting principles
generally accepted in the United States.  He notes that the
monthly operating report is limited in scope and covers a limited
time period.

                    About VeraSun Energy

Headquartered in Sioux Falls, South Dakota, VeraSun Energy Corp.
-- http://www.verasun.comor http://www.VE85.com/-- produces and
markets ethanol and distillers grains.  Founded in 2001, the
company has a fleet of 16 production facilities in eight states,
with 14 in operation.

The Company and its debtor-affiliates filed for Chapter 11
protection on October 31, 2008, (Bankr. D. Del. Case No. 08-12606)
Mark S. Chehi, Esq., at Skadden Arps Slate Meagher & Flom LLP
represents the Debtors in their restructuring efforts.
AlixPartners LLP serves as their restructuring advisor.
Rothschild Inc. is their investment banker and Sitrick & Company
is their communication agent.  The Debtors' claims noticing and
balloting agent is Kurtzman Carson Consultants LLC.  The Debtors'
total assets as of June 30, 2008, was $3,452,985,000 and their
total debts as of June 30, 2008, was $1,913,214,000.  VeraSun
Bankruptcy News, Issue No. 18; Bankruptcy Creditors' Service Inc.;
http://bankrupt.com/newsstand/or 215/945-7000).



                            *********

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

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

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

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

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

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

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.  Ma. Theresa Amor J. Tan Singco, 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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