TCR_Public/090829.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, August 29, 2009, Vol. 13, No. 239

                            Headlines

ACCENTIA BIOPHARMA: Files Monthly Operating Report for July 2009
ACCENTIA BIOPHARMA: Biovest Int'l Files July Operating Report
BEARINGPOINT INC: Posts $68.1 Million Net Loss in June 2009
CMR MORTGAGE II: Posts $159,952 Net Loss in July 2009
HERBST GAMING: Posts $1,256,313 Net Loss in July 2009

LANDAMERICA FINANCIAL: Posts $7.9 Million Net Loss in June 2009
LEHMAN BROTHERS: Files Operating Report for July 2009
MERUELO MADDUX: Posts Net Loss of $2,638,905 in July 2009
PROVIDENT ROYALTIES: Posts $491,161 From June 22 to June 30
RITZ CAMERA: Posts $2.4 Million Net Loss in June 2009

VERMILLION INC: Posts $636,560 Net Loss in July 2009
VINEYARD NATIONAL: Files Initial Monthly Operating Report
WASHINGTON MUTUAL: Posts $912,097 Net Loss in July 2009

                            *********

ACCENTIA BIOPHARMA: Files Monthly Operating Report for July 2009
----------------------------------------------------------------
On August 20, 2009, Accentia Biopharmaceuticals, Inc., and certain
of its affiliates filed their unaudited combined monthly operating
report for the period July 1, 2009, through July 30, 2009, with
the United States Bankruptcy Court for the Middle District of
Florida, Tampa Division.

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

     Funds at beginning of period            $32,821
     Total Receipts                         $110,784
     Total Funds Available for Operations   $143,605
     Total Disbursements                    $167,519
     Funds at July 30, 2009                 ($23,914)

A full-text copy of the Debtors' monthly operating report for July
2009 is available at http://researcharchives.com/t/s?4348

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; and 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.  In their bankruptcy
petition, the Debtors listed assets of $134,919,728 and debts of
$77,627,355 as of June 30, 2008.


ACCENTIA BIOPHARMA: Biovest Int'l Files July 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 August 20, 2009, their unaudited combined monthly
operating report for the period July 1, 2009, through July 30,
2009.

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

     Funds at beginning of period            $26,884
     Total Receipts                         $315,950
     Total Funds Available for Operations   $342,834
     Total Disbursements                    $296,622
     Funds at July 30, 2009                  $46,211

A full-text copy of Biovest International Inc. and its debtor-
affiliates' monthly operating report for July 2009 is
available for free at http://researcharchives.com/t/s?434b

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; and 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.  In their bankruptcy
petition, the Debtors listed assets of $134,919,728 and debts of
$77,627,355 as of June 30, 2008.


BEARINGPOINT INC: Posts $68.1 Million Net Loss in June 2009
-----------------------------------------------------------
On July 30, 2009, BearingPoint, Inc., and certain of its domestic
U.S. subsidiaries filed their unaudited monthly operating report
for the month ended June 30, 2009, with the United States
Bankruptcy Court for the Southern District of New York.

For the month ended June 30, 2009, BearingPoint reported a net
loss of $68.1 million on revenue of $14.1 million.  For the
period, the Company reported an operating loss of $16.0 million.
Reorganization expense, net was $18.5 million.  Other expense, net
was $9.3 million.  Loss from discontinued operations was
$25.8 million.

As of June 30, 2009, the Company had $113.2 million in cash and
cash equivalents.

At June 30, 2009, BearingPoint had $913.9 million in total assets
and $1.95 billion in total liabilities.

A full-text copy of the Debtors' monthly operating report for
June 2009 is available at http://researcharchives.com/t/s?4355

                         About BearingPoint

BearingPoint, Inc. -- http://www.BearingPoint.com/-- was one of
the world's largest providers of management and technology
consulting services to Global 2000 companies and government
organizations in more than 60 countries worldwide.  Based in
McLean, Va., BearingPoint -- a former consulting arm of KPMG LLP -
- has approximately 15,000 employees focusing on the Public
Services, Commercial Services and Financial Services industries.
The Company's service offerings are designed to help clients
generate revenue, increase cost-effectiveness, manage regulatory
compliance, integrate information and transition to "next-
generation" technology.

BearingPoint, Inc., fka KPMG Consulting, Inc., together with its
units, filed for Chapter 11 protection on February 18, 2009
(Bankr. S.D.N.Y., Case No. 09-10691).  Alfredo R. Perez, Esq., at
Weil Gotshal & Manges LLP, in Houston; Marcia J. Goldstein, Esq.,
Ronit J. Berkovich, Esq., and Jose R. Alcantar, Esq., at Weil
Gotshal & Manges LLP, in New York, represent the Debtors as
restructuring counsel.  AlixPartners, LLP, is the Debtors'
restructuring advisors.  Greenhill & Co., LLC, is the Debtor's
financial advisor & investment banker.  Jeffrey S. Sabin, Esq., at
Bingham McCutchen LLP represents the Creditors' Committee as
counsel.

BearingPoint disclosed total assets of $1,762,689,000, and debts
of $2,231,839,000 as of September 30, 2008.


CMR MORTGAGE II: Posts $159,952 Net Loss in July 2009
-----------------------------------------------------
On August 20, 2009, CMR Mortgage Fund II, LLC, filed with the U.S.
Bankruptcy Court for the Northern District of California a monthly
operating report for the month ended July 31, 2009.

The Company reported a net loss of $159,952 on total revenues of
$76,896 for the month of July 2009.

At market value, the Debtor had total assets of $73,904,535, total
liabilities of $35,958,149, and total equity of $37,946,386 as of
July 31, 2009.

A full-text copy of the Debtor's monthly operating report for
July 2009 is available at http://researcharchives.com/t/s?434a

San Francisco, California-based CMR Mortgage Fund II, LLC, is a
limited liability company organized for the purpose of making or
investing in business loans secured by deeds of trust or mortgages
on real properties located primarily in California.   The Company
previously funded lending activities through loan pay downs or pay
offs, as well as by selling its membership interests, and by
selling all or a portion of interests in the loans to individual
investors.  The Company commenced operations in February 2004.
The Company ceased accepting new members in the third quarter of
2006.

The Company filed for Chapter 11 protection on March 31, 2009
(Bankr. N. D. Calif. Case No. 09-30788).  Robert G. Harris, Esq.,
at the Law Offices of Binder and Malter, represents the Debtor as
counsel.  The Debtor listed between $10 million and $50 million
each in assets and debts.


HERBST GAMING: Posts $1,256,313 Net Loss in July 2009
-----------------------------------------------------
Herbst Gaming, Inc., has filed a monthly operating report for the
month ended July 31, 2009.

The Company reported a net loss of $1,256,313 on zero revenue
for the month of July.  Restructuring costs accounted for
$555,217 of total costs and expenses of $1,258,870 for the period.

At July 31, 2009, Herbst Gaming, Inc. had $588,963,727 in total
assets, $3,746,461 in total liabilities not subject to
compromise, $1,222,064,750 in total liabilities subject to
compromise, and $636,847,484 in stockholders' deficit.

A full-text copy of Herbst Gaming's July 2009 monthly operating
report is available for free at:

            http://bankrupt.com/misc/herbst.julymor.pdf

Headquartered in Reno, Nevada, Herbst Gaming Inc. --
http://www.herbstgaming.com/-- is a diversified gaming company.
The Company and its subsidaries focuses on two business lines,
slot route operations and casino operations.

The slot route business involves the exclusive installation and
operation of slot machines in non-casino locations, such as
grocery stores, drug stores, convenience stores, bars and
restaurants throughout Nevada.  As of March 31, 2009, the slot
route Debtors operated approximately 6,900 slot machines machines
through Nevada.

The casino business consists of 12 casinos in Nevada, and two in
Missouri and one in Iowa.  As of the petition date, the Nevada
casinos had an aggregate of roughly 5,082 hotel rooms, 329
recreational vehicle spaces/hookups, 6,800 slot machines and 138
table games.  As of the petition date, the non-Nevada casinos had
an aggregate of roughly 2,300 slot machines and 47 table games.
The Iowa casino also offers roughly 60 all-suite hotel rooms and
65 RV spaces with utility hookups.

The Company and 17 of its affiliates filed for Chapter
11 protection on March 22, 2009 (Bankr. D. Nev. Lead Case No.
09-50752).  Thomas H. Fell, Esq., and Gerald M. Gordon, Esq., at
Gordon Silver, represent the Debtors in their restructuring
efforts.  Herbst Gaming had $919.1 million in total assets; and
$33.5 million in total liabilities not subject to compromise and
$1.24 billion in liabilities subject to compromise, resulting in
$361.0 million in stockholders' deficiency as of March 31, 2009.


LANDAMERICA FINANCIAL: Posts $7.9 Million Net Loss in June 2009
---------------------------------------------------------------
On August 18, 2009, LandAmerica Financial Group, Inc., filed a
monthly operating report for the period from June 1, 2009, to
June 30, 2009, with the United States Bankruptcy Court for the
Eastern District of Virginia, Richmond Division.

LandAmerica reported a net loss of $7.9 million on total revenue
of ($991,000) for the month of June 2009.  Professional fees
totaled $4.3 million.

At June 30, 2009, LandAmerica had $1.23 billion in total assets,
$514.0 million in total liabilities, and $712.3 million in total
shareholders' equity.

A full-text copy of the LandAmerica's monthly operating report for
June 2009 is available at http://researcharchives.com/t/s?434d

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 Nov. 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 Sept. 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)


LEHMAN BROTHERS: Files Operating Report for July 2009
-----------------------------------------------------
On August 21, 2009, Lehman Brothers Holdings Inc. and certain of
its subsidiaries filed with the Bankruptcy Court a monthly
operating report.

Lehman Brothers Holdings Inc. and its affiliated debtors disclosed
these cash receipts and disbursements for the month ended
July 31, 2009:

Beginning cash, 07/01/09                   $11,125,000,000
Receipts                                     2,596,000,000
Transfers                                      200,000,000
Disbursements                               (1,621,000,000)
FX Fluctuation                                   4,000,000
                                           ---------------
Ending cash, 07/31/09                      $12,304,000,000

Lehman Brothers Holdings Inc. reported $2.939 billion in cash as
of July 1, 2009, and $2.849 billion in cash as of July 31, 2009.

The Debtors also disclosed that they paid a total of $44,468,000
in total professional fees and U.S. Trustee fees for the month of
July.  Cumulative filing through July 31, 2009 fees were
$308,055,000.

A full-text copy of the monthly operating report is available at
no charge at http://researcharchives.com/t/s?434e

                      About Lehman Brothers

Lehman Brothers Holdings Inc. -- http://www.lehman.com/-- was the
fourth largest investment bank in the United States.  For more
than 150 years, Lehman Brothers has been a leader in the global
financial markets by serving the financial needs of corporations,
governmental units, institutional clients and individuals
worldwide.

Lehman Brothers filed for Chapter 11 bankruptcy September 15, 2008
(Bankr. S.D.N.Y. Case No. 08-13555).  Lehman's bankruptcy petition
listed $639 billion in assets and $613 billion in debts,
effectively making the firm's bankruptcy filing the largest in
U.S. history.  Several other affiliates followed thereafter.

The Debtors' bankruptcy cases are handled by Judge James M. Peck.
Harvey R. Miller, Esq., Richard P. Krasnow, Esq., Lori R. Fife,
Esq., Shai Y. Waisman, Esq., and Jacqueline Marcus, Esq., at Weil,
Gotshal & Manges, LLP, in New York, represent Lehman.  Epiq
Bankruptcy Solutions serves as claims and noticing agent.

On September 19, 2008, the Honorable Gerard E. Lynch, Judge of the
U.S. District Court for the Southern District of New York, entered
an order commencing liquidation of Lehman Brothers, Inc., pursuant
to the provisions of the Securities Investor Protection Act (Case
No. 08-CIV-8119 (GEL)).  James W. Giddens has been appointed as
trustee for the SIPA liquidation of the business of LBI

The Bankruptcy Court has approved Barclays Bank Plc's purchase of
Lehman Brothers' North American investment banking and capital
markets operations and supporting infrastructure for
US$1.75 billion.  Nomura Holdings Inc., the largest brokerage
house in Japan, purchased LBHI's operations in Europe for $2
dollars plus the retention of most of employees.  Nomura also
bought Lehman's operations in the Asia Pacific for US$225 million.

               International Operations Collapse

Lehman Brothers International (Europe), the principal UK trading
company in the Lehman group, was placed into administration,
together with Lehman Brothers Ltd, LB Holdings PLC and LB UK RE
Holdings Ltd.  Tony Lomas, Steven Pearson, Dan Schwarzmann and
Mike Jervis, partners at PricewaterhouseCoopers LLP, have been
appointed as joint administrators to Lehman Brothers International
(Europe) on September 15, 2008.  The joint administrators have
been appointed to wind down the business.

Lehman Brothers Japan Inc. and Lehman Brothers Holdings Japan Inc.
filed for bankruptcy in the Tokyo District Court on September 16.
Lehman Brothers Japan Inc. reported about JPY3.4 trillion
(US$33 billion) in liabilities in its petition.

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


MERUELO MADDUX: Posts Net Loss of $2,638,905 in July 2009
---------------------------------------------------------
On August 17, 2009, Meruelo Maddux Properties, Inc., and certain
of its direct and indirect subsidiaries and affiliates filed their
monthly operating report for the month ended July 31, 2009, with
the United States Bankruptcy Court for the Central District of
California, San Fernando Valley Division.

The Debtor entities reported a consolidated net loss of $2,638,905
on total revenue of $1,934,104 for the month of July.  Interest
expense was $1,664,473.  Legal and professional expenses were
$450,642.

At July 31, 2009, the Debtor entities had $540,354,399 in total
assets, $311,449,355 in total liabilities, and $228,905,044 in
total stockholders' equity.

A full-text copy of the Debtors' monthly operating report for July
is available at http://researcharchives.com/t/s?4349

                       About Meruelo Maddux

Based in Los Angeles, California, Meruelo Maddux Properties,
Inc. -- http://www.meruelomaddux.com/-- together with its
affiliates, engage in residential, commercial and industrial
development.  Meruelo Maddux and its affiliates filed for Chapter
11 protection on March 26, 2009 (Bankr. C.D. Calif. Lead Case No.
09-13356).  Aaron De Leest, Esq., John J. Bingham, Jr., Esq.,
and John N. Tedford, Esq., at Danning Gill Diamond & Kollitz,
represent the Debtors in their restructuring efforts.  Peter C.
Anderson, the United States Trustee for Region 16, appointed
five creditors to serve on the Creditors Committee.  Asa S.
Hami, Esq., Tamar Kouyoumjian, Esq., and Victor A. Sahn, Esq.,
at SulmeyerKupetz, A Professional Corporation, represent the
Creditors Committee as counsel.  The Debtors' financial condition
as of December 31, 2008, showed estimated assets of $681,769,000
and estimated debts of $342,022,000.


PROVIDENT ROYALTIES: Posts $491,161 From June 22 to June 30
-----------------------------------------------------------
On August 19, 2009, Dennis L. Roossien, Jr., the duly appointed
chapter 11 trustee for Provident Royalties, LLC, et al., filed a
monthly operating report for the filing period June 22, 2009, to
June 30, 2009.

At June 30, 2009, Provident Royalties LLC, et al., had
$572,363,221 in total assets, $246,923,469 in total liabilities,
and $325,439,753 in total equity.

For the period from June 22 to June 30, 2009, the Debtors reported
a net loss of $491,161 on net revenue of $136,578.  Professional
fees amounted to $360,000.

A full-copy of the Debtors' monthly operating report for June 22,
2009, to June 30, 2009, is available for free at:

http://bankrupt.com/misc/providentroyalties.initialmor.part-1.pdf

http://bankrupt.com/misc/providentroyalties.initialmor-part2.pdf

                     About Provident Royalties

Based in Dallas, Texas, Provident Royalties LLC owns working
interests in oil and gas properties primarily in Oklahoma.
Provident and its affiliates filed for Chapter 11 on June 22, 2009
(Bankr. N.D. Tex. Case No. 09-33886).  Judge Harlin DeWayne Hale
presides over the case.  Epiq Bankruptcy Solutions, LLC is
the claims and noticing agent.  The United States Trustee for
the Northern District of Texas appointed nine members to the
Official Committee of Unsecured Creditors.

On July 2, 2009, the Securities and Exchange Commission filed,
under seal, a complaint in District Court for the Northern
District of Texas against the Debtors and certain of their
principals and managing partners on allegations that they sold
stock and limited partnership interest to over 7,700 investors as
part of a $485 million Ponzi scheme.

On July 2, 2009, the District Court for the Northern District of
Texas appointed Dennis L. Roossien, Jr., at Munsch Hardt Kopf &
Harr P.C. in Dallas, Texas, as receiver for the Debtors.  On
July 20, 2009, the Bankruptcy Court appointed the receiver as the
Debtors' Chapter 11 trustee.  Mr. Roossien, Jr., has taken
possession and control of the Debtors' property and business.

Musch Hardt Koph & Harr, P.C., is the Chapter 11 trustee's
proposed bankruptcy counsel.  Gardere, Wynne, Sewell, LLP, is the
proposed counsel to the official committee of unsecured creditors.

The Company listed between $100 million and $500 million each in
assets and debts.


RITZ CAMERA: Posts $2.4 Million Net Loss in June 2009
-----------------------------------------------------
Ritz Camera Centers Inc. filed with the U.S. Bankruptcy Court for
the District of Delaware on July 24, 2009, a monthly operating
report for the month ended June 30, 2009.

The Company reported a net loss of $2.4 million in June on
sales of $39.5 million.  Net loss before a $1.5 million tax
benefit was $3.9 million.  Operating expenses totaled
$19.3 million.  Gross profit was $13.0 million.

At June 30, 2009, the Company had $230.5 million in total assets,
$186.9 million in total liabilities, and $43.6 million in
stockholders' equity.

A copy of the Company's monthly operating report for June 2009 is
available at http://bankrupt.com/misc/ritzcamera.junemor.pdf

                     About Ritz Camera

Headquartered in Beltsville, Maryland, Ritz Camera Centers, Inc. -
- http://www.ritzcamera.com/-- sells digital cameras and
accessories, and electronic products.  The Company filed for
Chapter 11 protection on February 22, 2009 (Bankr. D. Del. Case
No. 09-10617).  Irving E. Walker, Esq., Gary H. Leibowitz, Esq.,
at Cole, Schotz, Meisel, Forman & Leonard, P.A., in Baltimore, are
bankruptcy counsel to the Debtor.  Norman L. Pernick, Esq., and
Karen M. Mckinley, Esq., at Cole, Schotz, Meisel, Forman &
Leonard, P.A., in Wilmington, Delaware, serve as local counsel.
Thomas & Libowitz, P.A., is Debtor's special corporate counsel and
conflicts counsel.  Marc S. Seinsweig, at FTI Consulting, Inc,
acts as the Debtor's chief restructuring officer.  Kurtzman Carson
Consultants LLC is the claims and noticing agent.  Attorneys at
Cooley Godward Kronish LLP represent the official committee of
unsecured creditors as lead counsel.  The Committee selected
Bifferato LLC as Delaware counsel.  In its schedules, the Debtor
listed total assets of $277 million and total debts of
$172.1 million.


VERMILLION INC: Posts $636,560 Net Loss in July 2009
----------------------------------------------------
On August 20, 2009, Vermillion, Inc., filed its financial
statements included in the monthly operating report for the period
from July 1, 2009, to July 30, 2009, with the United States
Bankruptcy Court for the District of Delaware.

Vermillion reported a net loss of $636,560 on zero revenue for
the month of July 2009.

At July 31, 2009, the Debtor had total assets of $9,598,964 and
total liabilities of $33,564,288, resulting in a $23,965,323
stockholders' deficit.

A full-text copy of the Debtor's monthly operating report for
July 2009 is available at http://researcharchives.com/t/s?434f

Headquartered in Fremont, California, Vermillion, Inc. --
http://www.vermillion.com/-- engages in the development and
commercialization of diagnostic tests to aid physicians diagnose
and treat results for patients.  The Company filed for Chapter 11
on March 30, 2009 (Bankr. D. Del. Case No. 09-11091).  Francis A.
Monaco Jr., Esq., and Mark L. Desgrosseilliers, Esq., at Womble
Carlyle Sandridge & Rie, PLLC, represent the Debtor as counsel.
At September 30, 2008, the Debtor had $7,150,000 in total assets
and $32,015,000 in total liabilities.


VINEYARD NATIONAL: Files Initial Monthly Operating Report
---------------------------------------------------------
On August 17, 2009, Vineyard National Bancorp filed its unaudited
monthly operating report for the period July 21, 2009, through
July 31, 2009, with the Office of the United States Trustee.

For the period, the Company reported total receipts of $1,967,931
and total disbursements of $23,769, for an ending cash balance of
$1,944,161.

A full-text copy of the Company's monthly operating report for the
period July 21, 2009, through July 31, 2009, is available at no
cost at http://researcharchives.com/t/s?434c

                  About Vineyard National Bancorp

Vineyard National Bancorp  (NASDAQ: VNBC) (AMEX: VXC.PR.D) --
http://www.vineyardbank.com-- was the financial holding company,
which provides a variety of lending and depository services to
businesses and individuals through its wholly owned subsidiary,
Vineyard Bank, National Association (the Bank). The company's
principal business is to serve as a holding company for the Bank,
which conducts banking operations through 16 banking centers and
five loan production offices located throughout California, and
for other banking or financial-related subsidiaries, which it may
establish or acquire.  On July 31, 2006, the company completed a
merger with Rancho Bank, pursuant to which Rancho Bank merged into
the Bank, with the Bank as the surviving entity. The company's
continues to operate the former Rancho Bank's four banking centers
as part of the Bank's 16 banking centers.

Vineyard National Bancorp filed for Chapter 11 on June 21 (Bankr.
C.D. Calif. Case No. 09-26401).  A full-text copy of the Debtor's
petition, including a list of its 20 largest unsecured creditors,
is available for free at:

             http://bankrupt.com/misc/cacb09-26401.pdf


WASHINGTON MUTUAL: Posts $912,097 Net Loss in July 2009
-------------------------------------------------------
On August 24, 2009, Washington Mutual, Inc., and WMI Investment
Corp. filed their monthly operating report for the period July 1,
2009, to July 31, 2009, with the United States Bankruptcy Court
for the District of Delaware.

Washington Mutual reported a net loss of $912,097 and total
revenues of $6,292,237 for the month of July.  Total
reorganization items were $5,680,054.

At July 31, 2009, Washington Mutual had $6.95 billion in total
assets, $8.30 billion in total liabilities, and shareholders'
deficit of $1.35 billion.

WMI Investment reported net income of $27,612 on total revenues of
$43,577 in July.

At July 31, 2009, WMI Investment had $903.26 million in total
assets, $15,125 in total liabilities, and $903.24 million in
stockholders' equity.

A full-text copy of Washington Mutual and WMI Investment's monthly
operating report for July 2009 is available at:

              http://researcharchives.com/t/s?4352


                           *********

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.

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

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland,
USA.  Danilo Munnoz, Joseph Medel C. Martirez, Denise Marie
Varquez, Philline Reluya, 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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