/raid1/www/Hosts/bankrupt/TCR_Public/091017.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

            Saturday, October 17, 2009, Vol. 13, No. 287

                            Headlines



ABITIBIBOWATER INC: Records $18 Mil. Loss for August
ACCENTIA BIOPHARMA: Files Monthly Operating Report for August 2009
ACCENTIA BIOPHARMA: Biovest Int'l Files August Operating Report
ACCEPTANCE INSURANCE: Posts $21.5 Million Net Loss in September
ALERIS INT'L: Records $13 Million Loss for August

CHEMTURA CORP: Records $1 Million Net Profit for August
LYONDELL CHEMICAL: Records $82 Million Operating Income for August
PROTOSTAR LTD: ProtoStar I Posts $5.9 Million Net Loss in August
PROTOSTAR LTD: ProtoStar II Posts $952,694 Net Loss in August 2009
PROVIDENT ROYALTIES: Posts $39.1 Million Net Loss in August 2009

RATHGIBSON INC: Records $1.8 Million Net Loss in August
R.H. DONNELLEY: Records $10.17 Million Net Income for August
SPANSION INC: Cerium Lab $189,300 Profit for June
SPANSION INC: Records $1 Mil. Profit for June
SPANSION INC: Spansion Int'l Records $30,500 Profit for June

SPANSION INC: Spansion LLC Records $21.7 Mil. Profit for June
SPANSION INC: Spansion Technology Has No Business for June
STEPHEN BALDWIN: Records $7,000 Income in August
TARRAGON CORP: Posts $116.7MM Net Loss for 8-Mos. Ended August 31
VISTEON CORP: Reports $56 Million Loss for August

WCI COMMUNITIES: Posts $25.4MM Net Loss in Month Ended September 3



                            *********

ABITIBIBOWATER INC: Records $18 Mil. Loss for August
----------------------------------------------------
                  AbitibiBowater Inc., et al.
                  Consolidated Balance Sheet
                     As of August 31, 2009

ASSETS
Cash and cash equivalents                           $385,839,863
Receivables - Net                                    302,894,659
Inventories                                          310,361,238
Prepaid Expense and Other                             56,570,927
Notes Receivable from Affiliates                   3,381,330,342
Income Tax Receivable                                          0
Deferred Income Taxes                                          0
                                               -----------------
Total Current Assets                              4,436,997,029

Plant and Equipment                                5,383,771,859
Less Accumulated Depreciation                     (3,490,274,289)
                                               -----------------
Plant and Equipment, Net                          1,893,497,570

Good will/Intangible Assets                           57,447,460
Investment in Subsidiaries                        14,742,249,345
Other Assets                                         188,438,371
                                               -----------------
Total Assets                                    $21,318,629,775
                                               =================

LIABILITIES AND SHAREHOLDERS' EQUITY
Trade Accounts Payable                               $66,569,174
Accrued Liabilities                                  137,192,863
Current Portion of Long Term Debt                    206,000,000
Due to Affiliates                                    262,120,674
Income Tax Payable                                    (8,952,546)
                                               -----------------
Total Current Liabilities                           662,930,165

Long Term Debt                                                 0
Reclassification to Current Portion                            0
Long Term Debt Net of Current Installments                    0
Loans from Affiliates                                          0
Other Liabilities                                    189,531,650
Deferred Income Taxes                                (54,640,551)
Liabilities Subject to Compromise                              0
Debt                                              2,938,339,830
Debt - Affiliate                                  3,711,797,251
Accounts Payable                                     81,034,561
Other                                               614,150,912
                                               -----------------
Total Liabilities                                 8,143,143,818

Shareholder Equity - Net                          13,175,485,957
                                              -----------------
Total Liabilities & Shareholders' Equity       $21,318,629,775
                                              =================

                  AbitibiBowater Inc., et al.
              Consolidated Statement of Operations
      For the period from August 1 2009 to August 31, 2009

Sales - Net                                         $318,131,927
Cost of Sales                                        304,976,155
                                               -----------------
Gross Profit (Loss)                                  13,155,772

Operating Expenses
Selling, General and Administrative                   6,042,798
Research and Development                                      0
Restructuring and Other Costs                        11,752,675
                                               -----------------
    Total Operating Expenses                          17,795,473
                                               -----------------
Operating Income (Loss)                               (4,639,701)

Interest Income (Expense)                           (23,252,920)
Other Income (Expense) Net                           10,060,748
Equity in Earnings of Subsidiaries                     (565,635)
                                               -----------------
    Income Before Taxes                              (18,397,508)

Income Tax Expense                                        31,667
                                               -----------------
Net income before Discontinued Operations            (18,365,841)
Discontinued Operations                                       0
                                               -----------------
Net Income (Loss)                                   ($18,365,841)
                                               =================

                  AbitibiBowater Inc., et al.
      Consolidated Schedule of Receipts and Disbursements
     For the period from August 1, 2009 to August 31, 2009

Total Cash Receipts                                  285,469,000

Disbursements:
Payroll & Payroll Taxes                             (29,295,000)
Non-Payroll Labor                                    (5,578,000)
Raw Materials                                       (61,039,000)
Utilities                                           (18,322,000)
Freight                                             (22,684,000)
SG&A                                                (20,119,000)
Supplies                                            (14,735,000)
Rent                                                   (207,000)
Customer Rebates                                     (4,312,000)
Interest                                            (16,225,000)
Security Deposits                                             0
Taxes                                                  (128,000)
Other                                                (1,600,000)
                                               -----------------
Total Cash Disbursements                           ($194,245,000)
                                               =================

                     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 23
pulp and paper facilities and 29 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 third-party certified 100% of its managed
woodlands to sustainable forest management standards.
AbitibiBowater's shares trade over-the-counter on the Pink Sheets
and on the OTC Bulletin Board under the stock symbol ABWTQ.

The Company and several of its affiliates filed for protection
under Chapter 11 of the U.S. Bankruptcy Code on April 16, 2009
(Bankr. D. Del. Lead Case No. 09-11296).  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 in the Chapter 11 proceedings.  The Debtors' financial
advisors are 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.
Abitibi-Consolidated Inc. and various Canadian subsidiaries filed
for protection under Chapter 15 of the U.S. Bankruptcy Code on
April 17, 2009 (Bankr. D. Del. 09-11348).  Judge Carey also
handles the Chapter 15 case.  Pauline K. Morgan, Esq., and Sean T.
Greecher, Esq., at Young, Conaway, Stargatt & Taylor, in
Wilmington, represent the Chapter 15 Debtors.

As of Sept. 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).


ACCENTIA BIOPHARMA: Files Monthly Operating Report for August 2009
------------------------------------------------------------------
On September 21, 2009, Accentia Biopharmaceuticals, Inc., and
certain of its affiliates filed their unaudited combined monthly
operating report for the period August 1, 2009, through August 31,
2009, with the United States Bankruptcy Court for the Middle
District of Florida, Tampa Division.

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

    Funds at beginning of period           ($23,914)
    Total Receipts                         $197,132
    Total Funds Available for Operations   $173,218
    Total Disbursements                    $165,140
    Funds at August 31, 2009                 $8,078

A full-text copy of the Debtors' monthly operating report for
August 2009 is available at http://researcharchives.com/t/s?458f

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 August Operating Report
---------------------------------------------------------------
Biovest International Inc. and certain of its debtor-affiliates
filed with the U.S. Bankruptcy Court for the Middle District of
Florida, Tampa Division on September 21, 2009, their unaudited
combined monthly operating report for the period August 1, 2009,
through August 31, 2009.

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

    Funds at beginning of period            $46,211
    Total Receipts                         $416,513
    Total Funds Available for Operations   $462,725
    Total Disbursements                    $309,475
    Funds at August 31, 2009               $153,250

A full-text copy of Biovest International Inc. and its debtor-
affiliates' monthly operating report for August 2009 is
available for free at http://researcharchives.com/t/s?4591

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.


ACCEPTANCE INSURANCE: Posts $21.5 Million Net Loss in September
---------------------------------------------------------------
Acceptance Insurance Companies Inc. filed with the U.S.
Bankruptcy Court for the District of Nebraska on October 13, 2009,
its monthly operating report for September 2009.

For the month ended June 30, 2009, Acceptance Insurance Companies
Inc. posted a net loss of $21,517,832 on net investment income of
$550.  Results included a write-off of contingent claim in the
amount of $21,500,000.

The Debtor reported total assets of $2,814,976, total liabilities
of $138,184,425, and stockholders' deficit of $135,369,449 as of
September 30, 2009.

A full-text copy of the Debtor's September monthly report is
available at http://researcharchives.com/t/s?46f4

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

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


ALERIS INT'L: Records $13 Million Loss for August
-------------------------------------------------

              Aleris International, Inc., Et Al.
                  Consolidated Balance Sheet
                    As of August 31, 2009

ASSETS
Current Assets:
  Cash and cash equivalents                         $15,240,422
  Accounts receivable, net                          129,301,837
  Intercompany Receivable                           103,289,961
  Net Inventories                                   145,100,938
  Other current assets                               64,704,887
                                                ---------------
Total current assets                                457,638,045

Property, plant and equipment, net                  315,952,990
Goodwill & Org. Costs, Net                           79,776,473
Other Intangibles, Net                               59,097,100
Total Long Term Intercompany Receivable               9,248,132
Other Long-Term Assets                            1,532,603,969
                                                 --------------
Total L/T Assets                                  1,996,678,664
                                                 --------------
Total Assets                                     $2,454,316,709
                                                 ==============
LIABILITIES & SHAREHOLDERS' EQUITY

Current Liabilities:
  Accounts payable                                  $54,445,166
  Accrued & Other Current Liabilities                65,858,496
  Toll Liability                                      8,542,575
  Accrued Interest                                    8,969,961
  Total current Interco Payable                      39,810,029
  Current Maturities of L/T Debt                    789,746,353
  Other current liabilities                           6,723,132
                                                 --------------
Total current liabilities                           974,095,712
Total Long-term debt                                     20,066
Intercompany payable                                (71,347,982)
Other long-term liabilities                          57,217,336
                                                 --------------
Total Long-term liabilities                         (14,110,580)
Liabilities subject to compromise-external        1,709,825,754
Liabilities subject to compromise-internal          490,987,048
                                                 --------------
Total Liabilities Subject to Compromise           2,200,812,802
                                                 --------------
Total Liabilities                                 3,160,797,934

Additional paid-in Capital                          857,372,816
Retained earnings                                (1,520,952,474)
Total other comprehensive income(loss)              (42,901,567)
Other stockholders' equity                                    0
                                                 --------------
Total stockholders' equity                         (706,481,225)
Total Liabilities and Stockholders' Equity       $2,454,316,709
                                                 ==============

              Aleris International, Inc., Et Al.
             Consolidated Statement of Operations
      For the Period From August 1 through August 31, 2009

Gross Revenue                                      $114,561,000
Total costs of sales                                 96,843,000
                                                 --------------
Gross profits                                        17,718,000
Selling, general and administrative:
Labor                                                 4,339,000
Professional fees                                       641,000
Consulting expense                                       63,000
Depreciation & Amortization                             634,000
Other                                                 1,414,000
                                                 --------------
Total SG&A Expense                                    7,091,000
Restructuring & Merger-related items                    627,000
Losses (gains) on Derivatives                         1,669,000
                                                 --------------
Operating (loss) Income)                              8,331,000
Net Interest Expense                                 19,014,000
Other (Income) and Expense                              786,000
Reorganization Items                                  1,933,000
                                                 --------------
Income before taxes                                 (13,402,000)
Income Tax Expenses                                    (310,000)
                                                 --------------
Net (Loss) Income                                  ($13,092,000)
                                                 ==============

                Aleris International, Inc., Et Al.
                    Consolidated Schedule of
                Cash Receipts and Disbursements
       For the Period From August 1 through August 31, 2009

Receipts
Cash Sales                                                   $0
Accounts Receivable                                  98,658,239
Affiliates                                                    0
Sale of Assets                                                0
Other                                                   612,544
Transfer (From DIP Accts)                           125,109,257
                                                 --------------
Total Receipts                                      224,380,040

Disbursements
Benefits                                              3,449,279
Payroll                                              14,387,089
Primary                                              30,984,578
Recycling/Scrap                                      37,245,184
Hardners                                              4,226,563
Flux                                                    887,465
Insurance                                             1,140,008
MRO                                                   8,510,710
Freight                                               2,907,778
Energy                                                3,704,483
Taxes                                                   448,777
By Product                                              743,542
Capex                                                   537,050
Other accounts payable                                3,209,350
U.S. Trustee Fees                                       261,375
Chapter 11 professional fees                          3,906,124
Chapter 11 adjustments                                        0
Collateral Returns                                            0
Collateral Disbursements                                      0
Hedge Premiums                                                0
Affiliates                                            1,000,000
Interest & Fees                                       5,172,000
Extraordinaries                                               0
Other                                                         0
Transfers (To DIP Accts)                            101,592,257
                                                 --------------
Total Disbursements                                 224,313,611
                                                 --------------
Net Cash Flow                                           $66,429
                                                 ==============

                    About Aleris International

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 as
restructuring advisors, and Kurtzman Carson Consultants LLC as
claims and noticing agent for the Debtors.  As of December 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)


CHEMTURA CORP: Records $1 Million Net Profit for August
-------------------------------------------------------
                Chemtura Corporation, Et Al.
         Condensed Combined Balance Sheets (Unaudited)
                    As of August 31, 2009

                           Assets

Current Assets                                    $654,000,000
Intercompany receivables                           466,000,000
Investment in subsidiaries                       1,989,000,000
Property, plan and equipment                       440,000,000
Goodwill                                           149,000,000
Other assets                                       418,000,000
                                                 --------------
Total assets                                     4,116,000,000

              Liabilities and Stockholders' Equity

Current liabilities                                423,000,000
Intercompany payables                               42,000,000
Other long-term liabilities                         67,000,000
                                                 --------------
Total liabilities
not subject to compromise                         532,000,000

Liabilities subject to compromise                3,250,000,000

Total stockholders' equity                         334,000,000
                                                 --------------
Total liabilities
and stockholders' equity                        $4,116,000,000
                                                 ==============

                Chemtura Corporation, et al.
     Condensed Combined Statement of Operations (Unaudited)
          For the Period from August 1 to 31, 2009

Net sales                                         $178,000,000

Cost of goods sold                                 144,000,000
Selling, general and
administrative expenses                             17,000,000
Depreciation and amortization                       10,000,000
Research and development                             2,000,000
                                                 --------------
Operating profit                                     5,000,000

Interest expense                                    (6,000,000)
Other expense                                       (2,000,000)
Reorganization items, net                           (6,000,000)
Equity in net earnings (loss)
of subsidiaries                                     10,000,000
                                                 --------------
Income before income taxes                           1,000,000
Income tax benefit                                           0
                                                 --------------
Net income                                          $1,000,000
                                                 ==============

                 Chemtura Corporation, et al.
      Condensed Combined Statement of Cash Flows (Unaudited)
            For the Period from August 1 to 31, 2009

Cash Flows from Operating Activities:
Net income                                          $1,000,000
Adjustments to reconcile
net loss to net cash used
in operating activities:
Depreciation and amortization                       10,000,000
Reorganization items, net                            6,000,000
Changes in assets and debts, net                     9,000,000
                                                 --------------
Net cash provided in
operating activities                                26,000,000
                                                 --------------

Cash flows from Investing Activities:
Capital expenditures                                (2,000,000)
                                                 --------------

Cash Flows from Financing Activities:
Proceeds from credit facility, net                   1,000,000
                                                 --------------

Cash and Cash Equivalents:
Change in cash and cash equivalents                 25,000,000
Cash and cash equivalents, beg.                     45,000,000
                                                 --------------
Cash and cash equivalents, end                      $70,000,000
                                                 ==============

                       About Chemtura Corp.

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

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

As of December 31, 2008, the Debtors had total assets of
$3.06 billion and total debts of $1.02 billion.

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


LYONDELL CHEMICAL: Records $82 Million Operating Income for August
------------------------------------------------------------------

            Lyondell Chemical Company and affiliates
                 Unaudited Combined Balance Sheets
                           (in millions)
                       As of August 31, 2009

Assets
Current assets:
Cash and cash equivalents                              $223
Short-term investments                                   12
Accounts receivable:
Trade, net                                            1,408
Related parties                                           1
Non-debtor affiliates                                   312
Inventories                                           1,629
Current deferred income tax assets                        6
Prepaid expenses and other current assets               716
                                                ------------
  Total current assets                                 4,307

Property, plant and equipment, net                     9,831
Investments and long-term receivables:
Investment in PO joint ventures                         569
Investments in non-debtor affiliates                  5,154
Other investments and long-term receivables              28
Intangible assets, net                                 1,563
Other assets                                             188
                                                ------------
  Total Assets                                       $21,640
                                                ============

Liabilities and Stockholder's Equity
Current liabilities:
Current maturities of long-term debt                 $8,717
Short-term debt                                       5,529
Accounts payable:
Trade                                                   952
Related parties                                          12
Non-debtor affiliates                                   594
Accrued liabilities                                     769
Short-term loans payable - non-Debtor affiliates        107
Deferred income taxes                                   144
                                                ------------
  Total current liabilities                           16,824
Long-term debt                                             -
Other liabilities                                        259
Deferred income taxes                                  2,239
Liabilities subject to compromise                     12,614
Commitments and contingencies                              -
Stockholders equity:
Common stock                                             60
Additional paid-in capital                              563
Retained deficit                                     (7,813)
Receivables - non-debtor affiliates                  (2,858)
Accumulated other comprehensive loss                   (372)
                                                ------------
  Total stockholder's equity                         (10,420)
Noncontrolling interests                                124
                                                ------------
  Total equity                                       (10,296)
                                                ------------
Total liabilities and stockholder's equity           $21,640
                                                ============

             Lyondell Chemical Company and affiliates
                   Unaudited Statement of Income
                          (in millions)
                 For month ended August 31, 2009

Sales and other operating revenues:
Trade                                                $1,676
Non-Debtor affiliates                                    79
                                                ------------
                                                       1,755
Operating costs and expenses:
Cost of sales                                         1,647
Selling, general and admin. Expenses                     22
Research and development expenses                         4
                                                ------------
                                                       1,673
                                                ------------
Operating income                                          82
Interest expense                                        (143)
Interest income - non-Debtor affiliates                   13
Other income, net                                         16
                                                ------------
  Loss before reorganization items,
  equity investments and income
  taxes                                                  (32)
                                                ------------
Reorganization items                                     (33)
Income from non-Debtor affiliates                         52

  Income before income taxes                             (13)
Benefit from income taxes                                (14)
                                                ------------
Net income from continuing operations                      1
Discontinued operations                                    -
                                                ------------
Net income                                                $1
                                                ============

           Lyondell Chemical Company and its affiliates
               Unaudited Statements of Cash Flows
                       (in millions)
              For the month ended August 31, 2009

Cash flows from operating activities:
Net income                                               $1
Net income - discontinued operations                      -
Adjustments to reconcile net loss to
net cash used in operating activities:
  Depreciation and amortization                          100
  Reorganization charges                                  33
  Reorganization-related payments                        (17)
  Equity investments - income                            (52)
  Deferred income taxes                                  (10)
  Amortization of debt-related costs                      45
  Foreign currency exchange loss                          (8)
Changes in assets and liabilities
that provided (used) cash:
  Accounts receivable                                   (213)
  Inventories                                             36
  Accounts payable                                      (125)
Other, net                                               (19)
                                                ------------
  Net cash used in operating
   activities - continuing operations                   (229)

  Net cash used in operating activities
   discontinued operations                                 -
                                                ------------
  Net cash used in operating activities                 (229)
                                                ------------

Cash flows from investing activities:
Expenditures for property, plant and
equipment                                               (17)
Advances under loans by non-Debtor affiliates           (30)
                                                ------------
  Net cash used in investing activities                  (47)
                                                ------------

Cash flows from financing activities:
Net borrowings under DIP Revolving Facility             250
                                                ------------
Net cash provided by financing activities               250
                                                ------------
Effect of exchange rate changes on cash                    -
                                                ------------
Decrease in cash and cash equivalents                    (26)
Cash and cash equivalents at beginning of period         249
                                                ------------
Cash and cash equivalents at end of period              $223
                                                ============

                         Investor Update

LyondellBasell Vice President for Investor Relations Douglas Pike
shared with the investors the company's results for the month of
August 2009.

Mr. Pike noted that August 2009 results are well ahead of plan.
He said the depressed refining conditions are adversely affecting
results.  He related that oxyfuels margins remained strong and
on-track with prior years.  With respect to the chemicals
segment, he disclosed that there are improved olefin margins as
naphtha economics improved and that PO and intermediates results
are unchanged from July 2009 results.  As to the polymers
section, he said that good results are led by US polyethylene and
other products remain in line with July 2009 results.

As for the third quarter of 2009, Mr. Pike stated that
LyondellBasell expects that weak refining conditions will
continue.  LyondellBasell also foresees seasonally consistent but
declining oxyfuels margins.  LyondellBasell further anticipates
that chemicals will generally be consistent with year-to-end
results.  However, he related that LyondellBasell expects that
polymers will be weakened due to declining U.S. Polyethylene
export opportunities.

A full-text copy of the Investor Update is available for free at:

               http://ResearchArchives.com/t/s?467e

                      About Lyondell Chemical

LyondellBasell Industries is one of the world's largest polymers,
petrochemicals and fuels companies.  It is the global leader in
polyolefins technology, production and marketing; a pioneer in
propylene oxide and derivatives; and a significant producer of
fuels and refined products, including biofuels.  Through research
and development, LyondellBasell develops innovative materials and
technologies that deliver exceptional customer value and products
that improve quality of life for people around the world.
Headquartered in The Netherlands, LyondellBasell --
http://www.lyondellbasell.com/-- is privately owned by Access
Industries.

Basell AF and Lyondell Chemical Company merged operations in 2007
to form LyondellBasell Industries, the world's third largest
independent chemical company.  LyondellBasell became saddled with
debt as part of the US$12.7 billion merger.  On January 6, 2009,
LyondellBasell Industries' U.S. operations and one of its European
holding companies -- Basell Germany Holdings GmbH -- filed
voluntary petitions to reorganize under Chapter 11 of the U.S.
Bankruptcy Code to facilitate a restructuring of the company's
debts.  The case is In re Lyondell Chemical Company, et al.,
Bankr. S.D.N.Y. Lead Case No. 09-10023).  Seventy-nine Lyondell
entities, including Equistar Chemicals, LP, Lyondell Chemical
Company, Millennium Chemicals Inc., and Wyatt Industries, Inc.
filed for Chapter 11.  In May 2009, one of the cases was dismissed
-- Case No. 09-10068 -- because it is duplicative of Case No. 09-
10040 relating to Debtor Glidden Latin America Holdings.

The Hon. Robert E. Gerber presides over the case.  Deryck A.
Palmer, Esq., at Cadwalader, Wickersham & Taft LLP, in New York,
serves as the Debtors' bankruptcy counsel.  Evercore Partners
serves as financial advisors, and Alix Partners and its subsidiary
AP Services LLC, serves as restructuring advisors.  AlixPartners'
Kevin M. McShea acts as the Debtors' Chief Restructuring Officer.
Clifford Chance LLP serves as restructuring advisors to the
European entities.  Lyondell Chemical estimated that consolidated
assets total US$27.12 billion and debts total US$19.34 billion as
of the bankruptcy filing date.

Lyondell has obtained approximately US$8 billion in DIP financing
to fund continuing operations.  The DIP financing includes two
credit agreements: a US$6.5 billion term loan, which comprises a
US$3.25 billion in new loans and a US$3.25 billion roll-up of
existing loans; and a US$1.57 billion asset-backed lending
facility.

Luxembourg-based LyondellBasell Industries AF S.C.A. and another
affiliate were voluntarily added to Lyondell Chemical's
reorganization filing under Chapter 11 on April 24, 2009, in order
to seek protection against claims by certain financial and U.S.
trade creditors.  On May 8, 2009, LyondellBasell Industries added
13 non-operating entities to Lyondell Chemical Company's
reorganization filing under Chapter 11 of the U.S. Bankruptcy
Code.  All of the entities are U.S. companies and were added to
the original Chapter 11 filing for administrative purposes.  The
filings will have no impact on current business or operations as
none of the entities manufactures or sells products.

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


PROTOSTAR LTD: ProtoStar I Posts $5.9 Million Net Loss in August
----------------------------------------------------------------
ProtoStar I Ltd. filed with the U.S. Bankruptcy Court for the
District of Delaware on September 22, 2009, a monthly operating
report for the reporting period of August 2009.

ProtoStar I reported a net loss of $5.9 million on zero revenue
for the month of August 2009.  Interest expense for the month of
August 2009 totaled $3.8 million.

At August 31, 2009, ProtoStar I had total assets of
$233.0 million and total liabilities of $239.7 million.

A full-text copy of ProtoStar I's August 2009 monthly operating
report is available for free at:

       http://bankrupt.com/misc/protostarI.August2009mor.pdf

                       About ProtoStar Ltd.

Hamilton, HM EX, Bermuda-based ProtoStar Ltd. is a satellite
operator formed in 2005 to acquire, modify, launch and operate
high-power geostationary communication satellites for direct-to-
home satellite television and broadband internet access across the
Asia-Pacific region.

The Company and its affiliates filed for Chapter 11 on July 29,
2009 (Bankr. D. Del. Lead Case No. 09-12659.)  The Debtor selected
Pachulski Stang Ziehl & Jones LLP as Delaware counsel; Law Firm of
Appleby as their Bermuda counsel; UBS Securities LLC as financial
advisor & investment banker and Kurtzman Carson Consultants LLC as
claims and noticing agent.  In their petition, the Debtors listed
between US$100 million and US$500 million each in assets and
debts.  As of December 31, 2008, ProtoStar's consolidated
financial statements, which include non-debtor affiliates, showed
total assets of US$463,000,000 against debts of US$528,000,000.

The Bankruptcy Court has set October 14, 2010, as the general
claims bar date.  Proofs of claim by governmental units are due
January 25, 2010.

Meanwhile the Bankruptcy Court entered an order authorizing the
debtors to hire UBS Securities LLC as investment banker and
financial advisor.


PROTOSTAR LTD: ProtoStar II Posts $952,694 Net Loss in August 2009
------------------------------------------------------------------
ProtoStar II Ltd. filed with the U.S. Bankruptcy Court for the
District of Delaware on September 22, 2009, a monthly operating
report for the reporting period of August 2009.

ProtoStar II reported a net loss of $952,694 on net revenue of
$1.4 million for the month of August 2009.  Intercompany expenses
were $426,321.

At August 31, 2009, ProtoStar II had total assets of
$274.3 million, total liabilities of $193.3 million and net owner
equity of $81.0 million.

A full-text copy of ProtoStar II's August 2009 monthly operating
report is available for free at:

      http://bankrupt.com/misc/protostarII.August2009mor.pdf

                       About ProtoStar Ltd.

Hamilton, HM EX, Bermuda-based ProtoStar Ltd. is a satellite
operator formed in 2005 to acquire, modify, launch and operate
high-power geostationary communication satellites for direct-to-
home satellite television and broadband internet access across the
Asia-Pacific region.

The Company and its affiliates filed for Chapter 11 on July 29,
2009 (Bankr. D. Del. Lead Case No. 09-12659.)  The Debtor selected
Pachulski Stang Ziehl & Jones LLP as Delaware counsel; Law Firm of
Appleby as their Bermuda counsel; UBS Securities LLC as financial
advisor & investment banker and Kurtzman Carson Consultants LLC as
claims and noticing agent.  In their petition, the Debtors listed
between US$100 million and US$500 million each in assets and
debts.  As of December 31, 2008, ProtoStar's consolidated
financial statements, which include non-debtor affiliates, showed
total assets of US$463,000,000 against debts of US$528,000,000.

The Bankruptcy Court has set October 14, 2010, as the general
claims bar date.  Proofs of claim by governmental units are due
January 25, 2010.

Meanwhile the Bankruptcy Court entered an order authorizing the
debtors to hire UBS Securities LLC as investment banker and
financial advisor.


PROVIDENT ROYALTIES: Posts $39.1 Million Net Loss in August 2009
----------------------------------------------------------------
On September 30, 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 August 1, 2009, to
August 31, 2009, with the U.S. Bankruptcy Court for the Northern
District of Texas.

At August 31, 2009, Provident Royalties LLC, et al., had
$372,786,244 in total assets, $87,716,273 in total liabilities,
and $285,069,971 in total equity.

The Debtors reported a net loss of $39,159,373 on net revenue of
$192,997 for the month of August 2009, from a net loss of
$1,218,586 on net revenue of 889,144 in July 2009.  Results for
August 2009 include a $37,728,747 loss on sale of assets.

Professional fees totaled $957,092 in August 2009 and $1,591,250
in July 2009.

A full-copy of the Debtors' monthly operating report for August
2009 is available for free at:

  http://bankrupt.com/misc/providentroyalties.August2009mor.pdf

Based in Dallas, Texas, Provident Royalties LLC owned 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.

Mr. Roossien, Jr., has selected Patton Boggs, LLP, as his special
counsel.  Patton Boggs, LLP, was Debtors' counsel before the
appointment of Mr. Roossien, Jr., as Chapter 11 trustee.  Mr.
Roossien, Jr., has selected Munsch Hardt Koph & Harr, P.C., as
counsel.  Gardere, Wynne, Sewell, LLP, is the proposed counsel to
the official committee of unsecured creditors.

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


RATHGIBSON INC: Records $1.8 Million Net Loss in August
-------------------------------------------------------
Bill Rochelle at Bloomberg reports that RathGibson Inc. filed
an operating report for August showing a $1.8 million net loss
on sales of $15.3 million. Gross profit for the month was
$1.4 million while the operating loss was $1.9 million.

The Company has an October 16 confirmation hearing for approval of
the reorganization plan negotiated the terms of its reorganization
plan with lenders prepetition.  Prior to filing, RathGibson and
subsidiary Greenville Tube Company entered into a Plan Support
Agreement, dated as of July 13, 2009, with holders of in excess of
73% of its 11.25% Senior Notes due 2014.

Pursuant to the Plan, RathGibson's existing indebtedness in
respect of Senior Notes Claims in Class 4 -- estimated at
$209.2 million -- and Senior Note Guaranty Claims in Class 8 will
be cancelled and exchanged for New Common Stock in Reorganized
RathGibson, subject to dilution.  The Plan provides a 7% recovery
for Senior Notes Claims and Senior Note Guaranty Claims.

A full-text copy of the Joint Plan is available at no charge at:

               http://ResearchArchives.com/t/s?3f58

A full-text copy of the Disclosure Statement is available at no
charge at http://ResearchArchives.com/t/s?3f57

A full-text copy of the Plan Support Agreement is available at no
charge at http://ResearchArchives.com/t/s?3f59

                       About RathGibson Inc.

Based in Lincolnshire, Illinois, RathGibson Inc. --
http://www.RathGibson.com/, http://www.GreenvilleTube.com/and
http://www.ControlLine.com/-- is a worldwide manufacturer of
highly engineered stainless steel, nickel, and titanium tubing for
diverse industries such as chemical, petrochemical, energy --
power generation, energy -- oil and gas, food, beverage,
pharmaceutical, biopharmaceutical, medical, biotechnology, and
general commercial.

Manufacturing locations include: Janesville, Wisconsin, North
Branch, New Jersey, Clarksville, Arkansas (Greenville Tube), and
Marrero, Louisiana (Mid-South Control Line).  In addition to the
sales offices in Janesville, North Branch, and Marrero, RathGibson
has also strategically placed sales offices in Houston, Texas,
USA; Shanghai, China; Manama, Bahrain; Melbourne, Australia;
Seoul, Republic of Korea; Mumbai, India; Singapore; Vienna,
Austria; and Buenos Aires, Argentina.

RathGibson, Inc., together with three affiliates, filed for
Chapter 11 on June 13, 2009 (Bankr. D. Del. Case No. 09-12452).
Attorneys at Young, Conaway, Stargatt & Taylor and Willkie Farr &
Gallagher LLP serve as co-counsel.  Jefferies & Company Inc. and
Mesirow Financial Consulting LLC have been hired as financial
advisors.  Kelley Drye & Warren LLP serves as special corporate
counsel.  Garden City Group is claims and notice agent.  The
petition says that Rathgibson has assets and debts of $100 million
to $500 million.

Scott Welkis, Esq., Kristopher M. Hansen, Esq., and Jayme T.
Goldstein, Esq., at Stroock & Stroock & Lavan represent Wilmington
Trust FSB, as administrative agent, and an ad hoc committee of
certain holders of Senior Notes.  Attorneys at Richards, Layton &
Finger P.A., also represent the ad hoc noteholders committee.


R.H. DONNELLEY: Records $10.17 Million Net Income for August
------------------------------------------------------------
                  R.H. Donnelley Corporation
                         Balance Sheet
                     As of August 31, 2009

ASSETS

Cash and cash equivalents                             $3,761,000
Billed and accounts receivable                                 -
Unbilled accounts receivable                                   -
Allowance for doubtful accounts                                -
Net accounts receivable                                        -
Intercompany loan receivable                           5,000,000
Deferred directory costs                                       -
Short-term deferred income taxes, net                  9,370,000
Prepaid expenses and other current assets              3,510,000
                                                  --------------
Total current assets                                  21,641,000

Fixed assets and computer software                     5,622,000
Other non-current assets                           2,354,696,000
Intangible assets                                              -
                                                  --------------
Total assets                                      $2,381,959,000
                                                  ==============

LIABILITIES & SHAREHOLDERS' EQUITY

Accounts payable and accrued liabilities              $2,971,000
Accrued interest                                               -
Deferred directory revenues                                    -
Due to parent, net                                  (139,477,000)
Short-term deferred tax                                        -
Current portion of long-term debt, intercompany                -
Current portion of long-term debt                              -
                                                  --------------
                                                   (136,506,000)
Long-term debt                                                 -
Long-term debt, intercompany                                   -
Deferred income taxes, net                             9,968,000
Other non-current liabilities                          2,385,000
                                                  --------------
Total liabilities not subject to compromise         (124,153,000)
Liabilities subject to compromise                  3,388,621,000

Common stock                                          88,169,000
Intercompany capital                                           -
Additional paid-in capital                         2,635,212,000
Accumulated deficit                               (3,290,238,000)
Treasury stock                                      (256,140,000)
Accumulated other comprehensive loss                 (59,463,000)
                                                  --------------
Total shareholders' deficit                         (882,460,000)
                                                 --------------
Total liabilities and shareholders' deficit       $2,382,008,000
                                                  ==============

                   R.H. Donnelley Corporation
                        Income Statement
               For the Month Ended August 31, 2009

Net revenues                                         $14,874,000

Production and distribution expenses                      (9,000)
Selling and support expenses                               9,000
General and administrative expenses                    1,629,000
Depreciation and amortization                            296,000
Impairment charges                                             -
                                                  --------------
Total expenses                                         1,925,000
Interest expense                                          (1,000)
                                                  --------------
Loss before reorganization items, net                 12,950,000
Reorganization items, net
  Professional fees                                            -
  U.S. Trustee fees                                            -
  Court fees                                                   -
  Other                                                        -
                                                  --------------
  Total                                                        -

Provision for income taxes                             2,781,000
                                                  --------------
Net income                                           $10,171,000
                                                  ==============

                   R.H. Donnelley Corporation
                Cash Receipts and Disbursements
              For the Month Ended August 31, 2009

Cash receipts
  RHD Corp.                                                    -
                                                  --------------
Total cash receipts                                            -

Cash disbursements
  Trade payables                                       ($900,000)
  Payroll and employee costs                                   -
  Interest expense - notes                                     -
  Interest expense - term loan                                 -
  Interest expense - swaps                                     -
  Term loan repayment (mandatory)                              -
  Intercompany                                           200,000
                                                  --------------
Total cash disbursements                                (700,000)

Reorganization charges
  Adequate protection payment                                  -
  Professional fees                                            -
                                                  --------------
Total reorganization charges                                   -

Total cash charges                                      (700,000)
Net cash flow                                           (700,000)

Beginning bank balance                               179,100,000
Net cash flow                                           (700,000)
                                                  --------------
Ending bank balance                                 $178,400,000
                                                  ==============

                       About R.H. Donnelley

Based in Cary, North Carolina, R.H. Donnelley Corp., fka The Dun
& Bradstreet Corp. (NYSE: RHD) -- http://www.rhdonnelley.com/--
publishes and distributes print and online directories in the
U.S.  It offers print directory advertising products, such as
yellow pages and white pages directories.  R.H. Donnelley Inc.,
Dex Media, Inc., and Local Launch, Inc., are the company's only
direct wholly owned subsidiaries.

Dex Media East, LLC, is a publisher of the official yellow pages
and white pages directories for Qwest Communications International
Inc. (Qwest) in the states, where Qwest is the primary incumbent
local exchange carrier, such as Colorado, Iowa, Minnesota,
Nebraska, New Mexico, North Dakota and South Dakota.

R.H. Donnelley Corp. and 19 of its affiliates, including Dex
Media East LLC, Dex Media West LLC and Dex Media Inc., filed for
Chapter 11 protection on May 28, 2009 (Bank. D. Del. Case No. 09-
11833 through 09-11852), after missing a $55 million interest
payment on its senior unsecured notes due April 15.  James F.
Conlan, Esq., Larry J. Nyhan, Esq., Jeffrey C. Steen, Esq.,
Jeffrey E. Bjork, Esq., and Peter K. Booth, Esq., at Sidley Austin
LLP, in Chicago, Illinois represent the Debtors in their
restructuring efforts.  Edmon L. Morton, Esq., and Robert S.
Brady, Esq., at Young, Conaway, Stargatt & Taylor LLP, in
Wilmington, Delaware, serve as the Debtors' local counsel.  The
Debtors' financial advisor is Deloitte Financial Advisory Services
LLP while its investment banker is Lazard Freres & Co. LLC.  The
Garden City Group, Inc., is claims and noticing agent.

As of March 31, 2009, the Company had $929,829,000 in total
assets and $1,023,526,000 in total liabilities, resulting in
$93,697,000 in total shareholders' deficit.

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


SPANSION INC: Cerium Lab $189,300 Profit for June
-------------------------------------------------
Spansion Executive Vice President and Chief Financial Officer
Randy Furr relates that even though Cerium Laboratories LLC does
not have its own employees, it conducts business that provides
technical support to companies in the fields of semiconductors,
alternative fuels and the nanosciences.  It also does not file
any separate income or payroll tax returns, he adds.

A full-text copy of Cerium Laboratories' June Monthly Operating
Report is available for free at:

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

                    Cerium Laboratories LLC
                        Balance Sheet
                     As of June 28, 2009

ASSETS
Unrestricted Cash & Cash Equivalents                 $188,504
Restricted Cash & Cash Equivalents                          0
Accounts Receivable (net)                             859,183
Notes Receivable                                            0
Inventories                                                 0
Prepaid Expenses                                       73,117
Professional Retainers                                      0
Amount due from Intercompany                        1,889,597
Other Current Assets                                        0
                                                  ------------
Total current assets                                 3,010,400

Property and Equipment
Real Property & Improvements                                0
Machinery and Equipment                            18,887,980
Furniture, fixtures & Office Equipment                      0
Leasehold Improvements                                 83,120
Vehicles                                                    0
Less Accumulated Depreciation                     (18,232,645)
                                                  ------------
Total Property and Equipment                          738,455
Other Assets
Loans to Insiders                                           0
Other Assets                                                0
                                                  ------------
Total Other Assets                                           0
                                                  ------------
Total Assets                                        $3,748,855
                                                  ============

LIABILITIES AND OWNER EQUITY
Liabilities Not Subject to Compromise Postpetition
Accounts Payable                                     $137,794
Taxes Payable                                          21,362
Wages Payable                                               0
Accrued liabilities                                         0
Rent/Lease-Building/Equipment                               0
Secured Debt                                                0
Professional Fees                                           0
Amounts Due to Insiders                                     0
Other Postpetition Liabilities                              0
                                                  ------------
Total Postpetition Liabilities                         159,156
Liabilities Subject to Compromise Prepetition
Secured Debt                                                0
Priority Debt                                          22,608
Intercompany Payable                                   80,100
Unsecured Debt                                        388,066
                                                  ------------
Total Prepetition Liabilities                         490,775
                                                  ------------
Total Liabilities                                      649,930

OWNER EQUITY
Capital Stock                                         335,453
Additional Paid-in Capital                                  0
Partners' Capital Account                                   0
Owner's Equity Account                                      0
Retained Earnings-Prepetition                       2,136,090
Retained Earnings-Postpetition                        627,381
Adjustments to Owner Equity                                 0
Postpetition Contributions                                  0
                                                  ------------
Net Owner Equity                                    3,098,925
                                                  ------------
Total Liabilities and Owner Equity                  $3,748,855
                                                  ============

                   Cerium Laboratories LLC
                   Statement of Operations
         For the Period May 25, 2009 to June 28, 2009

REVENUES
Gross Revenues                                        $570,729
Less: Returns and Allowances                                 0
                                                  ------------
Net Revenue                                            570,729
Cost of Goods Sold
Beginning Inventory                                          0
Add: Purchases                                               0
Add: Cost of Labor                                           0
Add: Other Costs                                             0
Less: Ending Inventory                                       0
Cost of Goods Sold                                           0
                                                  ------------
Gross Profit                                           570,729
OPERATING EXPENSES
Advertising                                                  0
Auto and Truck Expense                                       0
Bad Debts                                                  800
Contributions                                                0
Employee Benefits Programs                                   0
Insider Compensation                                         0
Insurance                                                    0
Management Fees/Bonuses                                      0
Office Expense                                               0
Pension & Profit-Sharing Plans                               0
Repairs and Maintenance                                 28,962
Rent and Lease Expense                                  41,965
Salaries/Commissions/Fees                              234,611
Supplies                                                 7,617
Taxes-Payroll                                                0
Taxes-Real Estate                                        6,235
Taxes-Others                                                 0
Travel and Entertainment                                 1,190
Utilities                                                    0
Other                                                   37,733
                                                  ------------
Total Operating Expense Before Depreciation            359,112
Depreciation/Depletion/Amortization                     22,308
                                                  ------------
Net Profit(Loss) Before Other Income & Expenses        189,309
OTHER INCOME AND EXPENSES
Other Income                                                 0
Interest Expense                                             0
Other Expense                                                0
                                                  ------------

Net Profit (loss) Before Reorganization Items          189,309
Reorganization Items
Professional Fees                                            0
U.S. Trustee Quarterly Fees                                  0
Interest Earned on Accumulated Cash From Chapter             0
Gain(loss) From Sale of Equipment                            0
Other Reorganization Expenses                                0
Total Reorganization Expenses                                0
Income Taxes                                                 0
                                                  ------------
Net Profit(loss)                                      $189,309
                                                  ============

                    Cerium Laboratories LLC
          Schedule of Cash Receipts and Disbursements
          For the Period May 25, 2009 to June 28, 2009

Cash Beginning Month                                  $128,423
Receipts
Customer Receipts                                      70,651
Intercompany Receipts                                       0
Other Receipts                                              0
                                                  ------------
Total Receipts                                          70,651

Disbursements
Buildings                                                 953
Foundry & Subcon                                            0
Labor & Benefits                                            0
Material                                                    0
Other                                                   2,697
Outside Services                                        4,120
Repair & Maintenance                                    2,800
Capital Expenditure                                         0
Debt Obligations & Capital Leases                           0
Taxes                                                       0
Facility Closure Costs                                      0
Key Employee Incentive Plan                                 0
Reduction in Force                                          0
Restructuring Professional Fees                             0
Set-off Liabilities                                         0
Utilities Deposit                                           0
Intercompany Transfers                                      0
                                                  ------------
Total Disbursements                                     10,570
Net Cash Inflow(Outflow)                                60,081
                                                  ------------
Cash End of Month                                     $188,504
                                                  ============

                        About Spansion Inc.

Spansion Inc. (NASDAQ: SPSN) -- http://www.spansion.com/-- is a
Flash memory solutions provider, dedicated to enabling, storing
and protecting digital content in wireless, automotive,
networking and consumer electronics applications.  Spansion,
previously a joint venture of AMD and Fujitsu, is the largest
company in the world dedicated exclusively to designing,
developing, manufacturing, marketing, selling and licensing Flash
memory solutions.

Spansion Inc., Spansion LLC, Spansion Technology LLC, Spansion
International, Inc., and Cerium Laboratories LLC filed voluntary
petitions for Chapter 11 on March 1, 2009 (Bankr. D. Del. Lead
Case No. 09-10690).  On February 9, 2009, Spansion's Japanese
subsidiary, Spansion Japan Ltd., voluntarily entered into a
proceeding under the Corporate Reorganization Law (Kaisha Kosei
Ho) of Japan to obtain protection from its creditors as part of
the company's restructuring efforts. None of Spansion's
subsidiaries in countries other than the United States and Japan
are included in the U.S. or Japan filings.  Michael S. Lurey,
Esq., Gregory O. Lunt, Esq., and Kimberly A. Posin, Esq., at
Latham & Watkins LLP, have been tapped as bankruptcy counsel.
Michael R. Lastowski, Esq., at Duane Morris LLP, is the Delaware
counsel.  Epiq Bankruptcy Solutions LLC, is the claims agent.
The United States Trustee has appointed an official committee of
unsecured creditors in the case.  As of September 30, 2008,
Spansion disclosed total assets of US$3,840,000,000, and total
debts of US$2,398,000,000.

Spansion Japan Ltd. filed a Chapter 15 petition on April 30, 2009
(Bankr. D. Del. Case No. 09-11480).  The Chapter 15 Petitioner's
counsel is Gregory Alan Taylor, Esq., at Ashby & Geddes.  It said
that Spansion Japan had US$10 million to US$50 million in assets
and US$50 million to US$100 million in debts.

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


SPANSION INC: Records $1 Mil. Profit for June
---------------------------------------------
Spansion Executive Vice President and Chief Financial Officer
Randy Furr filed on October 8, 2009, Spansion Inc.'s monthly
operating report for June 2009.

Mr. Furr notes that Spansion Inc., is the holding company
that directly and indirectly owns Spansion LLC, the principal
operating company of Spansion.  It does not have any employees,
nor does it conduct any business that generates any revenue.  It
also does not file any separate income or payroll tax returns, he
says.  However, Spansion Inc., is the parent company for
Spansion's federal consolidated and California worldwide unitary
tax returns.

A full-text copy of Spansion Inc.'s June Operating Report is
available for free at:

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

                         Spansion Inc.
                         Balance Sheet
                      As of June 28, 2009

ASSETS
Unrestricted Cash & Cash Equivalents                       $0
Restricted Cash & Cash Equivalents                          0
Accounts Receivable (net)                                   0
Notes Receivable                                            0
Inventories                                                 0
Prepaid Expenses                                            0
Professional Retainers                                      0
Other Current Assets                               13,932,156
                                                  ------------
Total current assets                                13,932,156

Property and Equipment                                       0
Real Property & Improvements                                0
Machinery and Equipment                                     0
Furniture, fixtures & Office Equipment                      0
Leasehold Improvements                                      0
Vehicles                                                    0
Less Accumulated Depreciation                               0
                                                  ------------
Total Property and Equipment                                0
OTHER ASSETS
Loans to Insiders
OTHER ASSETS                                                0
                                                  ------------
Total Other Assets                                           0
                                                  ------------
Total Assets                                       $13,932,156
                                                  ============

LIABILITIES AND OWNER EQUITY
Liabilities Not Subject to Compromise (Postpetition)
Accounts Payable                                           $0
Taxes Payable                                               0
Wages Payable                                               0
Notes Payable                                               0
Rent/Lease                                                  0
Secured Debt                                                0
Professional Fees                                           0
Amounts Due to Insiders                                     0
Other Postpetition Liabilities                              0
                                                  ------------
Total Postpetition Liabilities                               0
Liabilities Subject to Compromise Prepetition
Secured Debt                                                0
Priority Debt                                               0
Intercompany Payable                                   64,907
Unsecured Debt                                              0
                                                  ------------
Total Prepetition Liabilities                          64,907
                                                  ------------
Total Liabilities                                       64,907
OWNER EQUITY
Capital Stock                                         161,830
Additional Paid-in Capital                      2,357,903,776
Partners' Capital Account                                   0
Owner's Equity Account                                      0
Retained Earnings-Prepetition                  (2,340,367,595)
Retained Earnings-Postpetition                     (3,830,761)
Adjustments to Owner Equity                                 0
Postpetition Contributions                                  0
                                                  ------------
Net Owner Equity                                   13,867,249
                                                  ------------
Total Liabilities and Owner Equity                 $13,932,156
                                                  ============

                         Spansion Inc.
                   Statement of Operations
          For the Period May 25, 2009 to June 28, 2009

REVENUES
Intercompany Revenue                                       $0
Less: Returns & Allowances                                  0
                                                  ------------
Net Revenue                                                 0
Cost of Goods Sold
Add: Other costs                                      (322,166)
Gross Profit                                                 0
Cost of Goods Sold                                    (322,166)
                                                  ------------
Gross Profit                                           322,166
Operating Expenses
Advertising                                                 0
Auto and Truck Expense                                      0
Bad Debts                                                   0
Contributions                                               0
Employee Benefits Programs                                  0
Insider Compensation                                        0
Insurance                                                   0
Management Fees/Bonuses                                     0
Office Expense                                              0
Pension & Profit-sharing Plans                              0
Repairs and Maintenance                                     0
Rent and Lease Expense                                      0
Salaries/Commissions/Fees                                   0
Supplies                                                    0
Taxes-Payroll                                               0
Taxes-Real Estate                                           0
Taxes-Others                                                0
Travel and Entertainment                                    0
Utilities                                                   0
Other                                                (762,594)
                                                  ------------
Total Operating Expense Before Depreciation          (762,594)
Depreciation/Depletion/Amortization                          0
                                                  ------------
Net Profit(loss) Before Other Income & Expenses      1,084,760

OTHER INCOME AND EXPENSES
Other Income                                                0
Interest Expense                                            0
Other Expense                                               0
                                                  ------------
Net Profit(loss)Before Reorganization Items         1,084,760
Reorganization Items
Professional Fees                                           0
U.S. Trustee Quarterly Fees                                 0
Income Taxes                                                0
                                                  ------------
Net Profit(loss)                                    $1,084,760
                                                  ============

                        About Spansion Inc.

Spansion Inc. (NASDAQ: SPSN) -- http://www.spansion.com/-- is a
Flash memory solutions provider, dedicated to enabling, storing
and protecting digital content in wireless, automotive,
networking and consumer electronics applications.  Spansion,
previously a joint venture of AMD and Fujitsu, is the largest
company in the world dedicated exclusively to designing,
developing, manufacturing, marketing, selling and licensing Flash
memory solutions.

Spansion Inc., Spansion LLC, Spansion Technology LLC, Spansion
International, Inc., and Cerium Laboratories LLC filed voluntary
petitions for Chapter 11 on March 1, 2009 (Bankr. D. Del. Lead
Case No. 09-10690).  On February 9, 2009, Spansion's Japanese
subsidiary, Spansion Japan Ltd., voluntarily entered into a
proceeding under the Corporate Reorganization Law (Kaisha Kosei
Ho) of Japan to obtain protection from its creditors as part of
the company's restructuring efforts. None of Spansion's
subsidiaries in countries other than the United States and Japan
are included in the U.S. or Japan filings.  Michael S. Lurey,
Esq., Gregory O. Lunt, Esq., and Kimberly A. Posin, Esq., at
Latham & Watkins LLP, have been tapped as bankruptcy counsel.
Michael R. Lastowski, Esq., at Duane Morris LLP, is the Delaware
counsel.  Epiq Bankruptcy Solutions LLC, is the claims agent.
The United States Trustee has appointed an official committee of
unsecured creditors in the case.  As of September 30, 2008,
Spansion disclosed total assets of US$3,840,000,000, and total
debts of US$2,398,000,000.

Spansion Japan Ltd. filed a Chapter 15 petition on April 30, 2009
(Bankr. D. Del. Case No. 09-11480).  The Chapter 15 Petitioner's
counsel is Gregory Alan Taylor, Esq., at Ashby & Geddes.  It said
that Spansion Japan had US$10 million to US$50 million in assets
and US$50 million to US$100 million in debts.

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


SPANSION INC: Spansion Int'l Records $30,500 Profit for June
------------------------------------------------------------
                  Spansion International Inc.
                         Balance Sheet
                     As of June 28, 2009

ASSETS
Unrestricted Cash & Cash Equivalents                 $846,839
Restricted Cash & Cash Equivalents                      9,332
Accounts Receivable (net)                                   0
Notes Receivable                                            0
Inventories                                                 0
Prepaid Expenses                                       93,508
Professional Retainers                                      0
Other Current Assets                                7,830,135
                                                  ------------
Total current assets                                 8,779,814

Property and Equipment                                       0
Real Property & Improvements                        2,505,571
Machinery and Equipment                               973,834
Furniture, fixtures & Office Equipment                286,506
Leasehold Improvements                                      0
Vehicles                                                    0
Less Accumulated Depreciation                      (1,294,728)
                                                  ------------
Total Property and Equipment                        2,471,183
Other Assets
Loans to Insiders                                           0
Other Assets                                          630,429
                                                  ------------
Total Other Assets                                     630,429
                                                  ------------
Total Assets                                       $11,881,427
                                                  ============

LIABILITIES AND OWNER EQUITY
Liabilities Not Subject to Compromise Postpetition
Accounts Payable                                      $69,315
Taxes Payable                                          84,526
Wages Payable                                       2,027,151
Accrued liabilities                                   563,012
Rent/Lease-Building/Equipment                               0
Secured Debt                                                0
Professional Fees                                           0
Amounts Due to Insiders                                     0
Other Postpetition Liabilities                          9,293
                                                  ------------
Total Postpetition Liabilities                       2,753,296
Liabilities Subject to Compromise Prepetition
Secured Debt                                                0
Priority Debt                                       1,640,425
Intercompany Payable                                1,639,026
Unsecured Debt                                        220,926
                                                  ------------
Total Prepetition Liabilities                       3,500,376
                                                  ------------
Total Liabilities                                    6,253,672

OWNER EQUITY
Capital Stock                                      (4,415,651)
Additional Paid-in Capital                                  0
Dividend                                           (4,574,812)
Partners' Capital Account                                   0
Owner's Equity Account                                      0
Retained Earnings-Prepetition                      14,134,680
Retained Earnings-Postpetition                        483,537
Adjustments to Owner Equity                                 0
Postpetition Contributions                                  0
                                                  ------------
Net Owner Equity                                    5,627,755
                                                  ------------
Total Liabilities and Owner Equity                 $11,881,427
                                                  ============

                   Spansion International Inc.
                    Statement of Operations
          For The Period May 25, 2009 to June 28, 2009

REVENUES
Intercompany Revenue                               $1,861,896
Less: Returns & Allowances                                  0
                                                  ------------
Net Revenue                                         1,861,896
Cost of Goods Sold
Beginning Inventory                                          0
Add: Purchases                                               0
Add: Cost of Labor                                           0
Add: Other costs                                             0
Less: Ending Inventory                                       0
                                                  ------------
Gross Profit                                         1,861,896
Operating Expenses
Advertising                                            10,098
Auto and Truck Expense                                 45,486
Bad Debts                                                   0
Contributions                                               0
Employee Benefits Programs                            379,144
Insider Compensation                                        0
Insurance                                              15,435
Management Fees/Bonuses                               (28,564)
Office Expense                                         24,056
Pension & Profit-sharing Plans                         22,064
Repairs and Maintenance                                39,528
Rent and Lease Expense                                117,583
Salaries/Commissions/Fees                           1,085,049
Supplies                                                7,675
Taxes-Payroll                                             837
Taxes-Real Estate                                           0
Taxes-Others                                                0
Travel and Entertainment                               54,858
Utilities                                              41,543
Other                                                 398,939
                                                   -----------
Total Operating Expense Before Depreciation          2,213,732
Depreciation/Depletion/Amortization                     70,123
                                                   -----------
Net Profit(loss) Before Other Income & Expenses       (421,958)

OTHER INCOME AND EXPENSES
Other Income                                          552,776
Interest Expense                                            0
Other Expense                                               0
                                                  ------------
Net Profit(loss)Before Reorganization Items            130,818
Reorganization Items
Professional Fees                                           0
U.S. Trustee Quarterly Fees                                 0
Income Taxes                                          100,316
                                                  ------------
Net Profit(loss)                                       $30,502
                                                  ============

                  Spansion International Inc.
         Schedule of Cash Receipts and Disbursement
           For the Period May 25 to June 28, 2009

Cash Beginning of Month                              $1,528,771
Receipts
Customer Receipts                                            0
Intercompany Transfer                                1,866,883
Other Receipts                                          95,765
                                                   ------------
Total Receipts                                        1,962,648
Disbursements
Buildings                                              146,233
Foundry & Subcon                                             0
Labor & Benefits                                     1,829,864
Material                                                     0
Other                                                  462,868
Outside Services                                        37,283
Repair & Maintenance                                     1,225
Capital Expenditures                                         0
Debt Obligations & Capital Leases                            0
Taxes                                                  171,564
Facility Closure Costs                                       0
                                                   ------------
Total Disbursements                                   2,649,037
Net Cash Inflow/(Outflow)                              (686,389)
                                                   ------------
Cash End of Month                                      $842,383
                                                   ============

A full-text copy of Spansion International's June monthly
operating report is available for free at:

        http://bankrupt.com/misc/SpansionIn%27lJuneMOR.pdf

                        About Spansion Inc.

Spansion Inc. (NASDAQ: SPSN) -- http://www.spansion.com/-- is a
Flash memory solutions provider, dedicated to enabling, storing
and protecting digital content in wireless, automotive,
networking and consumer electronics applications.  Spansion,
previously a joint venture of AMD and Fujitsu, is the largest
company in the world dedicated exclusively to designing,
developing, manufacturing, marketing, selling and licensing Flash
memory solutions.

Spansion Inc., Spansion LLC, Spansion Technology LLC, Spansion
International, Inc., and Cerium Laboratories LLC filed voluntary
petitions for Chapter 11 on March 1, 2009 (Bankr. D. Del. Lead
Case No. 09-10690).  On February 9, 2009, Spansion's Japanese
subsidiary, Spansion Japan Ltd., voluntarily entered into a
proceeding under the Corporate Reorganization Law (Kaisha Kosei
Ho) of Japan to obtain protection from its creditors as part of
the company's restructuring efforts. None of Spansion's
subsidiaries in countries other than the United States and Japan
are included in the U.S. or Japan filings.  Michael S. Lurey,
Esq., Gregory O. Lunt, Esq., and Kimberly A. Posin, Esq., at
Latham & Watkins LLP, have been tapped as bankruptcy counsel.
Michael R. Lastowski, Esq., at Duane Morris LLP, is the Delaware
counsel.  Epiq Bankruptcy Solutions LLC, is the claims agent.
The United States Trustee has appointed an official committee of
unsecured creditors in the case.  As of September 30, 2008,
Spansion disclosed total assets of US$3,840,000,000, and total
debts of US$2,398,000,000.

Spansion Japan Ltd. filed a Chapter 15 petition on April 30, 2009
(Bankr. D. Del. Case No. 09-11480).  The Chapter 15 Petitioner's
counsel is Gregory Alan Taylor, Esq., at Ashby & Geddes.  It said
that Spansion Japan had US$10 million to US$50 million in assets
and US$50 million to US$100 million in debts.

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


SPANSION INC: Spansion LLC Records $21.7 Mil. Profit for June
-------------------------------------------------------------
Spansion LLC Executive Vice President and Chief Financial Officer
Randy Furr filed on October 12, 2009, Spansion LLC's monthly
operating report for June 2009.  Spansion LLC is the principal
operating company of the Debtors.  It is the parent company of
Spansion International, Inc. and all other foreign Spansion
entities.

According to Mr. Furr, Spansion LLC has employees, and
conducts businesses that generate revenue.  It files its own
payroll tax returns, and it is included in Spansion Inc.'s
federal consolidated and California worldwide unitary tax
returns.

Mr. Furr further notes that Spansion LLC recognizes the operating
results of its wholly owned subsidiaries worldwide based on the
equity method of accounting.  However, since one of its
subsidiaries, Spansion Japan Limited, filed a proceeding under
the Corporate Reorganization Law (Kaisha Kosei Ho) of Japan on
February 10, 2009, which was formally commenced on March 3,
Spansion LLC no longer "controls" SPJ.  SPJ's results are no
longer consolidated in Spansion Inc.'s consolidated financial
results effective March 2009, and have never been reflected in
Spansion LLC's monthly Operating Reports.

                         Spansion LLC.
                         Balance Sheet
                      As of June 28, 2009

ASSETS
Unrestricted Cash & Cash Equivalents             $214,292,371
Restricted Cash & Cash Equivalents                  7,362,857
Accounts Receivable (net)                          94,464,783
Notes Receivable                                            0
Inventories                                       139,147,712
Prepaid Expenses                                   14,920,070
Professional Retainers                                933,472
Intercompany Receivables                          399,903,869
Other Current Assets                               17,241,461
                                                --------------
Total current assets                               888,266,594

Property and Equipment
Real Property & Improvements                       13,078,518
Machinery and Equipment                         1,212,718,130
Furniture, fixtures & Office Equipment                      0
Leasehold Improvements                            734,448,781
Vehicles                                                    0
Less Accumulated Depreciation                  (1,649,254,044)
                                                --------------
Total Property and Equipment                      310,991,386
OTHER ASSETS
Loans to Insiders
Intercompany Investments                          199,538,010
Other Assets                                      172,853,911
                                                --------------
Total Other Assets                                 372,391,921
                                                --------------
Total Assets                                    $1,571,649,901
                                                ==============

LIABILITIES AND OWNER EQUITY
Liabilities Not Subject to Compromise (Postpetition)
Accounts Payable                                  $19,008,416
Taxes Payable                                       3,225,176
Wages Payable                                       7,066,017
Secured Debt                                       79,592,137
Accrued Expense                                    18,549,157
Deferred Income                                    52,497,144
Intercompany                                      167,579,988
Other Postpetition Liabilities                              0
                                                --------------
Total Postpetition Liabilities                     347,518,034

Liabilities Subject to Compromise Prepetition
Secured Debt                                      674,230,677
Priority Debt                                      25,432,247
Unsecured Debt                                    652,244,950
Intercompany                                      283,325,566
                                                --------------
Total Prepetition Liabilities                   1,635,233,441
                                                --------------
Total Liabilities                                1,982,751,475
OWNER EQUITY
Intercompany Common Stock                       2,289,379,270
Additional Paid-in Capital                        124,015,097
Partners' Capital Account                                   0
Owner's Equity Account                                      0
Retained Earnings-Prepetition                  (2,878,310,157)
Retained Earnings-Postpetition                     53,814,215
                                                --------------
Net Owner Equity                                 (411,101,574)
                                                --------------
Total Liabilities and Owner Equity              $1,571,649,901
                                                ==============

                         Spansion LLC
                    Statement of Operations
         For the Period May 25, 2009 to June 28, 2009

REVENUES
Gross Revenues                                   $142,956,508
Less: Returns and Allowances                         (444,912)
                                                --------------
Net Revenue                                       142,511,596
Cost of Goods Sold
Manufacturing expense                              41,761,049
Disty/OEM cost adjustment                          (5,923,358)
Intercompany purchase                              66,482,153
Foreign currency gain/loss                           (239,173)
Inventory change                                  (21,164,413)
                                                --------------
Cost of Goods Sold                                  80,916,257
                                                --------------
Gross Profit                                        61,595,339
Operating Expenses
Building Expense                                    2,129,444
Labor & Benefits                                    9,103,214
Freight                                                 9,598
Marketing and communications                          (77,582)
Material                                              206,772
Outside Services                                    4,238,654
Repair & Maintenance                                  476,913
Telecom and Software                                1,113,402
Travel                                                231,784
Other                                               1,852,503
                                                --------------
Total Operating Expenses Before Depreciation        19,284,701
Depreciation/Depletion/Amortization                   (503,913)
                                                --------------
Net Profit (loss) Before Income & Expenses          42,814,551

OTHER INCOME AND EXPENSES
Other loss (Income), net                            3,840,505
Interest Expense                                    5,311,211
Other Expense                                               0
                                                --------------
Net Profit(loss)Before Reorganization Items        33,662,835
Reorganization Items
Professional Fees                                   5,107,702
Interest Earned on Accumulated Cash From Chap 11      (74,137)
Other Reorganization Expenses                       6,978,494
                                                --------------
Total reorganization expenses                       12,012,059
Income Taxes                                          (40,972)
                                                --------------
Net Profit(loss)                                   $21,691,747
                                                ==============

                          Spansion LLC
            Schedule of Cash Receipts and Disbursement
           For the Period May 25, 2009 to June 28, 2009

Cash Beginning of Month                            $166,108,185
Receipts
Customer Receipts                                  111,125,477
Intercompany Transfer                               13,126,116
Other Receipts                                          57,888
                                                 --------------
Total Receipts                                     124,309,481
Disbursements
Buildings                                            3,518,704
Foundry & Subcon                                     3,432,859
Intercompany Disbursements                                   0
Labor & Benefits                                    14,050,534
Material                                            12,562,497
Other                                                1,882,086
Outside Services                                     3,917,528
Repair & Maintenance                                 3,904,397
Capital Expenditures                                   852,896
Debt Obligations & Capital Leases                    8,856,729
Taxes                                                   72,852
Facility Closure Costs                                       0
Reduction in Force                                     238,415
Restructuring Professional Fees                      2,367,681
Utilities Deposit                                       85,000
Intercompany Transfers(debtor entities)              1,866,883
Intercompany Transfers(non-debtor entities)         18,516,234
                                                 --------------
Total Disbursements                                 76,125,294
Net Cash Inflow/(Outflow)                            48,184,186
                                                 --------------
Cash End of Month                                  $214,292,371
                                                 ==============

                        About Spansion Inc.

Spansion Inc. (NASDAQ: SPSN) -- http://www.spansion.com/-- is a
Flash memory solutions provider, dedicated to enabling, storing
and protecting digital content in wireless, automotive,
networking and consumer electronics applications.  Spansion,
previously a joint venture of AMD and Fujitsu, is the largest
company in the world dedicated exclusively to designing,
developing, manufacturing, marketing, selling and licensing Flash
memory solutions.

Spansion Inc., Spansion LLC, Spansion Technology LLC, Spansion
International, Inc., and Cerium Laboratories LLC filed voluntary
petitions for Chapter 11 on March 1, 2009 (Bankr. D. Del. Lead
Case No. 09-10690).  On February 9, 2009, Spansion's Japanese
subsidiary, Spansion Japan Ltd., voluntarily entered into a
proceeding under the Corporate Reorganization Law (Kaisha Kosei
Ho) of Japan to obtain protection from its creditors as part of
the company's restructuring efforts. None of Spansion's
subsidiaries in countries other than the United States and Japan
are included in the U.S. or Japan filings.  Michael S. Lurey,
Esq., Gregory O. Lunt, Esq., and Kimberly A. Posin, Esq., at
Latham & Watkins LLP, have been tapped as bankruptcy counsel.
Michael R. Lastowski, Esq., at Duane Morris LLP, is the Delaware
counsel.  Epiq Bankruptcy Solutions LLC, is the claims agent.
The United States Trustee has appointed an official committee of
unsecured creditors in the case.  As of September 30, 2008,
Spansion disclosed total assets of US$3,840,000,000, and total
debts of US$2,398,000,000.

Spansion Japan Ltd. filed a Chapter 15 petition on April 30, 2009
(Bankr. D. Del. Case No. 09-11480).  The Chapter 15 Petitioner's
counsel is Gregory Alan Taylor, Esq., at Ashby & Geddes.  It said
that Spansion Japan had US$10 million to US$50 million in assets
and US$50 million to US$100 million in debts.

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


SPANSION INC: Spansion Technology Has No Business for June
----------------------------------------------------------
Spansion Executive Vice President and Chief Financial Officer
Randy Furr says Spansion Technology Inc., does not have any
employees, nor does it conduct any business that generates any
revenue.  Mr. Furr adds that the company does not file any
separate income or payroll tax returns.  However, he says, it is
included in Spansion Inc.'s federal consolidated and California
worldwide unitary tax returns.

A full-text copy of Spansion Technology's June Monthly Operating
Report is available for free at:

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

                    Spansion Technology LLC
                        Balance Sheet
                     As of June 28, 2009

ASSETS
Unrestricted Cash & Cash Equivalents                       $0
Restricted Cash & Cash Equivalents                          0
Accounts Receivable (net)                                   0
Notes Receivable                                            0
Inventories                                                 0
Prepaid Expenses                                            0
Professional Retainers                                      0
Other Current Assets                                        0
                                               ---------------
Total current assets                                         0

Property and Equipment                                       0
Real Property & Improvements                                0
Machinery and Equipment                                     0
Furniture, fixtures & Office Equipment                      0
Leasehold Improvements                                      0
Vehicles                                                    0
Less Accumulated Depreciation                               0
                                               ---------------
Total Property and Equipment                                0
Other Assets
Loans to Insiders                                           0
Other Assets                                                0
                                               ---------------
Total Other Assets                                           0
                                               ---------------
Total Assets                                                $0
                                               ---------------

LIABILITIES AND OWNER EQUITY
Liabilities Not Subject to Compromise Postpetition
Accounts Payable                                           $0
Taxes Payable                                               0
Wages Payable                                               0
Accrued liabilities                                         0
Rent/Lease-Building/Equipment                               0
Secured Debt                                                0
Professional Fees                                           0
Amounts Due to Insiders                                     0
Other Postpetition Liabilities                              0
                                               ---------------
Total Postpetition Liabilities                               0
Liabilities Subject to Compromise Prepetition
Secured Debt                                                0
Priority Debt                                               0
Intercompany Payable                                        0
Unsecured Debt                                              0
                                               ---------------
Total Prepetition Liabilities                               0
                                               ---------------
Total Liabilities                                            0
OWNER EQUITY
Intercompany Capital Stock                        633,929,652
Additional Paid-in Capital                                  0
Partners' Capital Account                                   0
Owner's Equity Account                                      0
Retained Earnings-Prepetition                    (633,929,652)
Retained Earnings-Postpetition                              0
Adjustments to Owner Equity                                 0
Postpetition Contributions                                  0
                                               ---------------
Net Owner Equity                                            0
                                               ---------------
Total Liabilities and Owner Equity                          $0
                                               ===============

                        About Spansion Inc.

Spansion Inc. (NASDAQ: SPSN) -- http://www.spansion.com/-- is a
Flash memory solutions provider, dedicated to enabling, storing
and protecting digital content in wireless, automotive,
networking and consumer electronics applications.  Spansion,
previously a joint venture of AMD and Fujitsu, is the largest
company in the world dedicated exclusively to designing,
developing, manufacturing, marketing, selling and licensing Flash
memory solutions.

Spansion Inc., Spansion LLC, Spansion Technology LLC, Spansion
International, Inc., and Cerium Laboratories LLC filed voluntary
petitions for Chapter 11 on March 1, 2009 (Bankr. D. Del. Lead
Case No. 09-10690).  On February 9, 2009, Spansion's Japanese
subsidiary, Spansion Japan Ltd., voluntarily entered into a
proceeding under the Corporate Reorganization Law (Kaisha Kosei
Ho) of Japan to obtain protection from its creditors as part of
the company's restructuring efforts. None of Spansion's
subsidiaries in countries other than the United States and Japan
are included in the U.S. or Japan filings.  Michael S. Lurey,
Esq., Gregory O. Lunt, Esq., and Kimberly A. Posin, Esq., at
Latham & Watkins LLP, have been tapped as bankruptcy counsel.
Michael R. Lastowski, Esq., at Duane Morris LLP, is the Delaware
counsel.  Epiq Bankruptcy Solutions LLC, is the claims agent.
The United States Trustee has appointed an official committee of
unsecured creditors in the case.  As of September 30, 2008,
Spansion disclosed total assets of US$3,840,000,000, and total
debts of US$2,398,000,000.

Spansion Japan Ltd. filed a Chapter 15 petition on April 30, 2009
(Bankr. D. Del. Case No. 09-11480).  The Chapter 15 Petitioner's
counsel is Gregory Alan Taylor, Esq., at Ashby & Geddes.  It said
that Spansion Japan had US$10 million to US$50 million in assets
and US$50 million to US$100 million in debts.

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


STEPHEN BALDWIN: Records $7,000 Income in August
------------------------------------------------
Bill Rochelle at Bloomberg, Stephen Baldwin filed an operating
report for August showing $7,525 in income as an actor during the
month.  He didn't make $11,400 in mortgage payments.  He and the
lender are participating in a court-authorized "loss mitigation"
program bringing the parties together in an effort at working out
settlement.

Mr. Baldwin's petition said the home is worth $1.1 million and has
a $1.2 million mortgage.  In total, Baldwin and his wife listed
assets of $1.1 million against debt totaling $2.3 million.

Mr. Baldwin and his wife filed for Chapter 11 bankruptcy
protection on July 21, 2009 (Bankr. S.D. N.Y. Case No. 09-23296).
Bruce Weiner, Esq., at Rosenberg, Musso & Weiner, LLP, assists the
Debtors in their restructuring efforts.  The Debtors listed
$1,000,001 to $10,000,000 in assets and $1,000,001 to $10,000,000
in debts.


TARRAGON CORP: Posts $116.7MM Net Loss for 8 Mos. Ended August 31
-----------------------------------------------------------------
On October 5, 2009, Tarragon Corporation and certain of its direct
and indirect subsidiaries and affiliates filed their unaudited
monthly operating reports for the period August 1, 2009, through
August 31, 2009, with the United States Bankruptcy Court for the
District of New Jersey.

At August 31, 2009, Tarragon Corporation's consolidating balance
sheet (including non-filing entities) showed $614,083,579 in total
assets, $959,493,897 in total liabilities, $13,342,090 in minority
interest, and $358,752,408 in stockholders' deficit.

Tarragon Corporation (including non-filing entities) reported a
net loss of $116,711,731 on total revenue of $80,202,119 for the
eight months ended August 31, 2009.

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

              http://researcharchives.com/t/s?46f5

Based in New York City, Tarragon Corporation (NasdaqGS:TARR) --
http://www.tarragoncorp.com/-- is a leading developer of
multifamily housing for rent and for sale.  Tarragon's operations
are concentrated in the Northeast, Florida, Texas, and Tennessee.
Tarragon and its affiliates filed for Chapter 11 protection on
January 12, 2009 (Bankr. D. N.J. Case No. 09-10555).  The Hon.
Donald H. Steckroth presides over the case.

Michael D. Sirota, Esq., Warren A. Usatine, Esq., and Felice R.
Yudkin, Esq., at Cole Schotz Meisel Forman & Leonard, P.A.,
represent the Debtor as bankruptcy counsel.  Kurztman Carson
Consultants LLC serves as notice and claims agent.  Daniel A.
Lowenthal, Esq., at Patterson Belknap Webb & Tyler, LLP, in New
York, represents the official committee of unsecured creditors
appointed in the case.  Tarragon has said equity holders are out
of the money with regard to its bankruptcy case.  As of
September 30, 2008, the Debtors had $840,688,000 in total assets
and $1,035,582,000 in total debts.


VISTEON CORP: Reports $56 Million Loss for August
-------------------------------------------------
                       Visteon Corporation
                      Debtor's Balance Sheet
                      As of August 31, 2009

ASSETS
Current Assets:
  Cash and cash equivalents                        $285,502,000
  Accounts receivable, net                        4,124,059,000
  Inventories, net                                   20,634,000
  Other current assets                               41,445,000
                                                ---------------
Total current assets                              4,471,640,000

Property and equipment, net                         164,424,000
Other non-current assets                          1,366,016,000
                                                ---------------
Total Assets                                     $6,002,080,000
                                                ===============
LIABILITIES & SHAREHOLDERS' DEFICIT

Short-term debt, including current portion
of long-term debt                              $10,659,038,000
Accounts payable                                  1,029,689,000
Accrued employee liabilities                         25,187,000
Other current liabilities                            23,855,000
                                                ---------------
Total current liabilities                        11,737,768,000

Liabilities subject to compromise                 2,794,804,000
LSC-Intercompany with Non-Debtors                    54,729,000

Long-term debt                                        2,375,000
Employee benefits, including pensions               245,189,000
Deferred income taxes                                91,394,000
Other non-current liabilities                       253,446,000
                                                ---------------
Total liabilities                                15,179,705,000

Shareholders' equity (deficit)
Visteon Corporation Shareholders' equity (deficit)
Preferred stock                                              0
Common stock                                       131,053,000
Stock warrants                                     127,024,000
Additional paid-in capital                       2,225,715,000
Retained earnings (deficit)                    (11,337,741,000)
Accumulated other comprehensive income(loss)      (186,107,000)
Other                                               (4,649,000)
                                                ---------------
Total Debtor shareholders' equity (deficit)      (9,044,704,000)
Noncontrolling interests                           (132,921,000)
                                                ---------------
Total shareholders' equity (deficit)             (9,177,626,000)
                                                ---------------
Total Liabilities and shareholders' equity       $6,002,080,000
                                                ===============

                       Visteon Corporation
                    Statements of Operations
               For the Month Ended August 31, 2009

Net sales
Products                                           $30,545,000
Services                                            20,273,000
                                                ---------------
                                                     50,818,000

Cost of Sales
Products
  Materials                                          22,646,000
  Labor and overhead                                  5,100,000
  Product engineering                                20,603,000
  Freight and duty                                      726,000
  Manufacturing spending                             10,221,000
  Warranty and recall                                   137,000
  Other                                               2,597,000
Services                                            19,925,000
                                                ---------------
                                                    $81,955,000
                                                ---------------
Gross margin                                        (31,137,000)
Selling, general and administrative expenses
Personnel                                            6,671,000
Depreciation                                         2,671,000
Other                                                4,271,000
                                                ---------------
                                                     13,613,000

Restructuring expenses                                    7,000
Reimbursement from Escrow Account                             0
Reorganization costs                                  7,877,000
Deconsolidation (gain)/loss                                   0
                                                ---------------
Operating income (loss)                             (52,633,000)
Interest expense                                      3,848,000
Interest income                                         485,000
Equity in net income of non-consolidated affiliates           0
                                                ---------------
Income(loss) before income taxes                    (55,996,000)
Provision for income taxes                              107,000
                                                ---------------
Net Income (loss)                                  ($56,103,000)
                                                ===============

                   Visteon Corporation et al.
                      Operating Cash Flow
              For the Month Ended August 31, 2009

Customer receipts                                  $177,730,000
Other receipts                                       50,135,000
                                                ---------------
Total receipts                                      227,865,000

Disbursements
Payroll Related                                     (29,476,000)
Operating disbursements                             (86,412,000)
Other disbursements                                  (5,750,000)
                                                ---------------
Total Disbursements                                (121,638,000)

Net Intercompany Settlements and Funding
Debtors                                                       0
Non-Debtors                                         (95,096,000)
                                                ---------------
Net Cash Flow                                       $11,131,000
                                                ===============
Beginning Balance                                  $337,900,000
Net Cash Flow                                        11,131,000
Foreign Currency and Other Adjustments                  285,000
                                                ---------------
Ending Cash Balance                                $349,316,000
                                                ===============

                        About Visteon Corp.

Headquartered in Van Buren Township, Michigan, Visteon Corporation
(NYSE: VC) -- http://www.visteon.com/-- is a global automotive
supplier that designs, engineers and manufactures innovative
climate, interior, electronic and lighting products for vehicle
manufacturers, and also provides a range of products and services
to aftermarket customers.  The company has corporate offices in
Van Buren Township, Michigan (U.S.); Shanghai, China; and Kerpen,
Germany.  It has facilities in 27 countries and employs roughly
35,500 people.  The Company has assets of $4,561,000,000 and debts
of $5,311,000,000 as of March 31, 2009.

Visteon Corporation and 30 of its affiliates filed for Chapter 11
protection on May 28, 2009, (Bank. D. Del. Case No. 09-11786
through 09-11818).  Judge Christopher S. Sontchi oversees the
Chapter 11 cases.  James H.M. Sprayregen, Esq., Marc Kieselstein,
Esq., and James J. Mazza, Jr., Esq., at Kirkland & Ellis LLP, in
Chicago, Illinois, represent the Debtors in their restructuring
efforts.  Laura Davis Jones, Esq., James E. O'Neill, Esq., Timothy
P. Cairns, Esq., and Mark M. Billion, Esq., at Pachulski Stang
Ziehl & Jones LLP, in Wilmington, Delaware, serve as the Debtors'
local counsel.  The Debtors' investment banker and financial
advisor is Rothschild Inc.  The Debtors' notice, claims, and
solicitation agent is Kurtzman Carson Consultants LLC.  The
Debtors' restructuring advisor is Alvarez & Marsal North America,
LLC.

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


WCI COMMUNITIES: Posts $25.4MM Net Loss in Month Ended September 3
------------------------------------------------------------------
WCI Communities, Inc., and certain of its subsidiaries filed with
the U.S. Bankruptcy Court for the District of Delaware on
October 14, 2009, their monthly operating report for the filing
period August 1, 2009, to September 3, 2009.

The Debtor entities reported a consolidated net loss of
$25.4 million on revenue of $21.2 million for the filing period
August 1, 2009, through September 3, 2009.  Results include
$13.9 million of restructuring costs.

Including non-debtor entities, WCI reported a consolidated net
loss of $25.9 million on revenue of $28.7 million for the
reporting period.

At September 3, 2009, the Debtor entities had total assets of
$1.36 billion, total liabilities of $1.70 billion, and
stockholders' deficit of $346.8 million.  Including non-debtor
entities, WCI reported total assets of $1.21 billion, total
liabilities of $1.84 billion, and stockholders' deficit of
$632.1 million.

WCI's (including non-debtor cash flow) consolidated schedule of
receipts and disbursements for the period August 1, 2009, through
September 3, 2009, discloses:

     Total Cash Receipts        $28,329,980

     Total Cash Disbursement    $41,318,954

     Net Disbursements          $12,988,974

A full-text copy of the Debtors' monthly operating report for the
period August 1, 2009, through September 3, 2009, is available at:

    http://bankrupt.com/misc/wcicommunities.August2009mor.pdf

Headquartered in Bonita Springs, Florida, WCI Communities, Inc.
(Pink Sheets: WCIMQ) -- http://www.wcicommunities.com/-- is a
fully integrated homebuilding and real estate services company
with more than 50 years' experience in the design, construction
and operation of leisure-oriented, amenity rich master-planned
communities.  It has operations in Florida, New York, New Jersey,
Connecticut, Virginia and Maryland.  The Company directly employs
approximately 1,170 people, as well as approximately 1,800 sales
representatives as independent contractors.

The Company and 126 of its affiliates filed for Chapter 11
protection on August 4, 2008 (Bankr. D. Del. Lead Case No.
08-11643 through 08-11770).  On July 1, 2009, debtor-affiliates
WCI 2009 Corporation, WCI 2009 Management, LLC and WCI 2009 Asset
Holding, LLC filed separate Chapter 11 petitions (Case Nos. from
09-12269 to 09-12271).

Thomas E. Lauria, Esq., Frank L. Eaton, Esq., and Linda M. Leali,
Esq., at White & Case LLP, in Miami, Florida, represent the
Debtors as counsel.  Eric Michael Sutty, Esq., and Jeffrey M.
Schlerf, Esq., at Fox Rothschild LLP, represent the Debtors as
Delaware counsel.  Lazard Freres & Co. LLC is the Debtors'
financial advisor.  Epiq Bankruptcy Solutions LLC is the claims
and notice agent for the Debtors.  The U.S. Trustee for Region 3
appointed five creditors to serve on an official committee of
unsecured creditors.  Daniel H. Golden, Esq., Lisa Beckerman,
Esq., and Philip C. Dublin, Esq., at Akin Gump Strauss Hauer &
Feld LLP; and Laura Davis Jones, Esq., Michael R. Seidl, Esq., and
Timothy P. Cairns, Esq., at Pachulski Stang Ziehl & Jones LLP,
represent the committee in these cases.  When the Debtors filed
for protection from their creditors, they listed total assets of
$2,178,179,000 and total debts of $1,915,034,000.

WCI Communities, Inc. announced September 3 that it has emerged
from Chapter 11 as a newly reorganized, private company,
eliminating more than $2 billion in debt and liabilities.



                           *********

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
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related conferences are encouraged.  Send announcements to
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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
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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,
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