TCR_Public/091114.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, November 14, 2009, Vol. 13, No. 315

                            Headlines



ABITIBIBOWATER INC: Records $51.56 Million Net Loss for September
AUTOBACS STRAUSS: Losses Continue in September
CHRYSLER LLC: Records $83 Million Net Loss for September
ESCADA AG: U.S. Unit Has $5.18 Mil. Cash at End of September
GENERAL GROWTH: Reports $61.7 Mil. Net Loss for September

GREEKTOWN HOLDINGS: Records $1.66 Mil. Net Loss for September
HAWAIIAN TELCOM: Discloses $2.96 Mil. Loss for September
HERBST GAMING: Posts $1.7 Million Net Loss in September
MERUELO MADDUX: 845 S Flower Earns $10,833 from September 4 - 30
PLIANT CORP: Has $64.2 Million Loss from January to September 2009

REUNION INDUSTRIES: Incurs $96,000 Net Loss in September
R.H. DONNELLEY: Reports $1.61 Mil. Loss for September
SAMSONITE COMPANY: Posts $1 Million Net Loss in September
SILICON GRAPHICS: Ends September 2009 With $3,146,564 Cash
SILICON GRAPHICS: Ends May 2009 With $7,957,111 Cash

SIX FLAGS: Reports $25,254,522 Net Loss for Aug 24-Sept 27
TARRAGON CORP: Posts $5.9 Million Net Loss in September
TXCO RESOURCES: Posts $36.4 Million Net Loss in September
VALUE CITY: Posts $263,000 Net Loss in Month Ended October 3
WORLDSPACE INC: Posts $519,712 Net Loss in September



                            *********

ABITIBIBOWATER INC: Records $51.56 Million Net Loss for September
-----------------------------------------------------------------
                  AbitibiBowater Inc., et al.
                  Consolidated Balance Sheet
                   As of September 30, 2009

ASSETS
Cash and cash equivalents                           $383,818,871
Receivables - Net                                    332,123,315
Inventories                                          287,040,280
Prepaid Expense and Other                             57,551,050
Notes Receivable from Affiliates                   3,347,006,313
Income Tax Receivable                                          0
Deferred Income Taxes                                          0
                                                ----------------
Total Current Assets                              4,407,539,829

Plant and Equipment                                5,390,807,474
Less Accumulated Depreciation                     (3,511,137,043)
                                                ----------------
Plant and Equipment, Net                          1,879,670,431

Good will/Intangible Assets                           56,087,689
Investment in Subsidiaries                        14,730,822,272
Other Assets                                         192,564,523
                                                ----------------
Total Assets                                    $21,266,684,744
                                                ================

LIABILITIES AND SHAREHOLDERS' EQUITY
Trade Accounts Payable                               $55,085,908
Accrued Liabilities                                  148,815,126
Current Portion of Long Term Debt                    206,000,000
Due to Affiliates                                    235,007,055
Income Tax Payable                                    (8,553,047)
                                                 ---------------
Total Current Liabilities                           636,355,042

Long Term Debt                                                 0
Reclassification to Current Portion                            0
                                                 ---------------
Long Term Debt Net of Current Installments                    0

Loans from Affiliates                                          0
Other Liabilities                                    195,729,826
Deferred Income Taxes                                (41,768,618)
Liabilities Subject to Compromise                              0
Debt                                              2,948,626,088
Debt - Affiliate                                  3,646,960,853
Accounts Payable                                     90,755,975
Other                                               658,939,752
                                                 ---------------
Total Liabilities                                 8,135,598,918

Shareholder Equity - Net                          13,131,085,826
                                                 ---------------
Total Liabilities & Shareholders' Equity        $21,266,684,744
                                                 ===============

                  AbitibiBowater Inc., et al.
              Consolidated Statement of Operations
      For the period from Sept. 1, 2009 to Sept. 30, 2009

Sales - Net                                         $316,405,138
Cost of Sales                                        311,687,693
                                                 ---------------
Gross Profit (Loss)                                   4,717,445

Operating Expenses
Selling, General and Administrative                   7,431,822
Research and Development                                      0
Restructuring and Other Costs                        67,513,020
                                                 ---------------
    Total Operating Expenses                          74,944,842
                                                 ---------------
Operating Income (Loss)                              (70,227,397)

Interest Income (Expense)                            10,217,164
Other Income (Expense) Net                           21,374,217
Equity in Earnings of Subsidiaries                     (719,871)
                                                 ---------------
    Income Before Taxes                              (39,355,887)

Income Tax Expense                                   (12,206,045)
                                                 ---------------
Net income before Discontinued Operations            (51,561,932)
Discontinued Operations                                       0
                                                 ---------------
Net Income (Loss)                                   ($51,561,932)
                                                 ===============

                  AbitibiBowater Inc., et al.
      Consolidated Schedule of Receipts and Disbursements
      For the period from Sept. 1, 2009 to Sept. 30, 2009

Total Cash Receipts                                $327,573,000

Disbursements:
Payroll & Payroll Taxes                             (30,676,000)
Non-Payroll Labor                                    (5,380,000)
Raw Materials                                       (60,151,000)
Utilities                                           (21,320,000)
Freight                                             (31,557,000)
SG&A                                                (17,042,000)
Supplies                                            (13,101,000)
Rent                                                   (109,000)
Customer Rebates                                     (6,414,000)
Interest                                             (9,364,000)
Security Deposits                                       (50,000)
Taxes                                                    (1,000)
Other                                                (2,784,000)
                                                 ---------------
Total Cash Disbursements                          ($197,949,000)
                                                 ===============

                     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).


AUTOBACS STRAUSS: Losses Continue in September
----------------------------------------------
According to Bill Rochelle at Bloomberg, Strauss Discount Auto,
formally named Autobacs Strauss Inc., reported a $978,000 net loss
in September on sales of $9.2 million.  The operating loss for the
month was $900,000. Earnings before interest, taxes, depreciation
and amortization were $7,300.

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

The Chapter 11 case is Strauss's third.  The preceding Chapter 11
case ended with confirmation of a Chapter 11 plan in April 2007.
The Company was then named R&S Parts & Service Inc.


CHRYSLER LLC: Records $83 Million Net Loss for September
--------------------------------------------------------
            Old Carco LLC (fka Chrysler LLC) et al.
               Condensed Combined Balance Sheet
                   As of September 30, 2009

CURRENT ASSETS:
  Cash and cash equivalents                        $213,000,000
  Restricted cash                                   103,000,000
  Inventories                                        37,000,000
  Prepaid expenses and other current assets         470,000,000
  Deferred taxes                                     18,000,000
                                                 --------------
     TOTAL CURRENT ASSETS                           841,000,000

OTHER ASSETS:
  Property, plant and equipment, net                537,000,000
  Investments, notes and advances                   846,000,000
  Restricted cash                                    12,000,000
  Deferred taxes                                     18,000,000
  Other assets                                       12,000,000
                                                 --------------
     TOTAL OTHER ASSETS                           1,425,000,000
                                                 --------------
TOTAL ASSETS                                     $2,266,000,000
                                                 ==============

CURRENT LIABILITIES NOT SUBJECT TO COMPROMISE:
  Accrued expenses & other current liabilities     $567,000,000
  Debtor-in-possession financing                  3,344,000,000
  Deferred taxes                                      4,000,000
                                                 --------------
     TOTAL CURRENT LIABILITIES                    3,915,000,000

LONG-TERM LIABILITIES NOT SUBJECT TO COMPROMISE:
  Accrued expenses and other liabilities            191,000,000
  Deferred taxes                                    249,000,000
                                                 --------------
     TOTAL LONG-TERM LIABILITIES                    440,000,000
  Liabilities subject to compromise              17,926,000,000
                                                 --------------
     TOTAL LIABILITIES                           22,281,000,000

MEMBER'S DEFICIT:
  Capital stock                                     316,000,000
  Contributed capital                             8,092,000,000
  Accumulated losses                            (33,135,000,000)
  Accumulated other comprehensive loss            4,712,000,000
                                                 --------------
     TOTAL MEMBER'S DEFICIT                     (20,015,000,000)
                                                 --------------
TOTAL LIABILITIES & MEMBER'S DEFICIT             $2,266,000,000
                                                 ==============

            Old Carco LLC (fka Chrysler LLC) et al.
          Condensed Combined Statement of Operations
                Month Ended September 30, 2009

  Revenues                                           $1,000,000
  Cost of sales                                      64,000,000
                                                 --------------
     GROSS MARGIN                                   (63,000,000)

  Selling, administrative & other expenses                    -
  Research and development                                    -
  Other (income) loss, net                                    -
  Gain on Daimler pension settlement                          -
  Restructuring (income) expense                              -
                                                 --------------
  LOSS BEFORE FINANCIAL EXPENSE,                    (63,000,000)
  REORGANIZATION ITEMS AND INCOME TAXES

  Financial expense, net                            (27,000,000)
                                                 --------------
  LOSS BEFORE REORG. ITEMS & INCOME TAXES           (90,000,000)

  Reorganization items                             (112,000,000)
  Provision (credit) for income taxes               105,000,000
                                                 --------------
  NET LOSS                                         ($83,000,000)
                                                 ==============

            Old Carco LLC (fka Chrysler LLC) et al.
          Condensed Combined Statement of Cash Flows
            For the month ending September 30, 2009

CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss                                           ($83,000,000)
Adjustments to reconcile net loss to net cash
provided by (used in) operating activities:
  Depreciation and amortization                      12,000,000
  Changes in deferred taxes                         114,000,000
  Amortization of original issue
     discount on DIP Financing                                -
  Net (gain) loss on Fiat transaction              (124,000,000)
  Net loss on disposal of fixed assets                2,000,000
  Other non-cash income and expense                           -
  Changes in accrued expenses & other liabilities    30,000,000
  Changes in other operating assets & liabilities:
  * inventories                                      86,000,000
  * trade receivables                                         -
  * trade liabilities                               (21,000,000)
  * payments for reorganization items                (7,000,000)
  * other assets and liabilities                     21,000,000
                                                 --------------
NET CASH PROVIDED BY (USED IN)
OPERATING ACTIVITIES                                 30,000,000

CASH FLOWS FROM INVESTING (FINANCING) ACTIVITIES:
  Proceeds from Fiat transaction                              -
  Purchases of property, plant &
     equipment, equipment on operating
     leases & intangible assets                               -
  Proceeds from disposals of property, plant
     and equipment and intangible assets                      -
  Proceeds from disposals of equipment on
     operating leases                                         -
Net change in restricted cash                                 -
Other                                                         -
                                                 --------------
NET CASH PROVIDED BY INVESTING ACTIVITIES                     -

CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from DIP Financing                                 -
  Repayment of first lien credit facility                     -
  Change in financial liabilities - 3rd party                 -
  Original issue discount on DIP Financing                    -
                                                 --------------
NET CASH PROVIDED BY FINANCING ACTIVITIES                     -
                                                 --------------
  Net increase (dec.) in cash and cash equiv.        30,000,000
                                                 --------------
  Cash & cash equiv. at beginning of period         183,000,000
                                                 --------------
  Cash and cash equivalents at end of period       $213,000,000
                                                 ==============

                        About Chrysler LLC

Chrysler Group LLC, formed in 2009 from a global strategic
alliance with Fiat Group, produces Chrysler, Jeep(R), Dodge,
Mopar(R) and Global Electric Motors (GEM) brand vehicles and
products.  With the resources, technology and worldwide
distribution network required to compete on a global scale, the
alliance builds on Chrysler's culture of innovation -- first
established by Walter P. Chrysler in 1925 -- and Fiat's
complementary technology -- from a company whose heritage dates
back to 1899.

Headquartered in Auburn Hills, Michigan, Chrysler Group LLC's
product lineup features some of the world's most recognizable
vehicles, including the Chrysler 300, Jeep Wrangler and Dodge Ram.
Fiat will contribute world-class technology, platforms and
powertrains for small- and medium-sized cars, allowing Chrysler
Group to offer an expanded product line including environmentally
friendly vehicles.

Chrysler LLC and 24 affiliates on April 30 sought Chapter 11
protection from creditors (Bankr. S.D.N.Y (Mega-case), Lead Case
No. 09-50002).  Chrysler hired Jones Day, as lead counsel; Togut
Segal & Segal LLP, as conflicts counsel; Capstone Advisory Group
LLC, and Greenhill & Co. LLC, for financial advisory services; and
Epiq Bankruptcy Solutions LLC, as its claims agent.  Chrysler has
changed its corporate name to Old CarCo following its sale to a
Fiat-owned company.  As of December 31, 2008, Chrysler had
$39,336,000,000 in assets and $55,233,000,000 in debts.  Chrysler
had $1.9 billion in cash at that time.

In connection with the bankruptcy filing, Chrysler reached an
agreement with Fiat SpA, the U.S. and Canadian governments and
other key constituents regarding a transaction under Section 363
of the Bankruptcy Code that would effect an alliance between
Chrysler and Italian automobile manufacturer Fiat.  Under the
terms approved by the Bankruptcy Court, the company formerly known
as Chrysler LLC on June 10, 2009, formally sold substantially all
of its assets, without certain debts and liabilities, to a new
company that will operate as Chrysler Group LLC.  Fiat has a 20
percent equity interest in Chrysler Group.

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


ESCADA AG: U.S. Unit Has $5.18 Mil. Cash at End of September
------------------------------------------------------------
Escada (USA), Inc., filed with the U.S. Bankruptcy Court for the
Southern District of New York a monthly statement of cash
receipts and disbursements for the period from September 1 to
September 30, 2009.

Christian D. Marques, a member of the Board of Directors at
Escada, reported that the Company's beginning balance in its
working fund and disbursement account at JPMorgan Chase Bank,
N.A., PNC Lockbox and local store accounts totaled $3,693,711 at
the beginning of the Reporting Period.

Escada held $5,180,926 at the end of the Period.

                        Escada (USA) Inc.
                          Balance Sheet
                    As of September 30, 2009

ASSETS
CURRENT ASSETS:
Unrestricted cash & cash equivalents                 $5,180,926
Restricted cash & cash equivalents                      350,000
Petty cash & register funds                              28,013
Accounts receivable (net)                               726,752
Notes receivable                                              -
Inventories                                          21,561,684
Prepaid expenses                                        438,552
Professional retainers                                        -
Other current assets                                  6,548,873
                                                   -------------
Total Current Assets                                 34,834,800

PROPERTY & EQUIPMENT:
Real Property & improvements                                  -
Machinery & equipment                                         -
EDP hardware                                          1,583,301
EDP software                                          1,449,069
Furniture, fixtures & office equipment               18,867,628
Leasehold improvements                               19,581,347
Wholesale shop in shops                               1,362,824
Vehicles                                                      -
Construction in progress                              2,889,458
Less: Accumulated Depreciation                      (32,357,411)
                                                   -------------
Total Property & Equipment                           13,376,216

OTHER ASSETS:
Amounts due from insiders                                     -
Other assets                                          9,576,556
                                                   -------------
Total Other Assets                                    9,576,556
                                                   -------------
TOTAL ASSETS                                         $57,787,572
                                                   =============

LIABILITIES AND OWNER EQUITY
LIABILITIES NOT SUBJECT TO COMPROMISE:
Accounts payable                                        426,300
Accounts payable - intercompany                               -
Taxes payable                                           222,429
Accrued payroll                                         470,554
Accrued bonuses                                         405,213
Notes payable                                                 -
Rent/Leases - building equipment                        348,527
Secured debt/Adequate protection payments                     -
Professional fees                                             -
Amounts due to insiders                               2,820,216
Other postpetition liabilities                       41,234,868
                                                   -------------
Total Postpetition Liabilities                       45,928,107

LIABILITIES SUBJECT TO COMPROMISE:
Secured debt                                                  -
Priority debt - US Customs                           13,711,413
Unsecured debt - bonds/senior credit
facility estimate                                   367,800,000
Unsecured debt - letters of credit                    7,519,982
Unsecured debt - accounts payable                     1,008,802
Unsecured debt - intercompany                        37,319,905
                                                   -------------
Total Prepetition Liabilities                       427,360,102
                                                   -------------
TOTAL LIABILITIES                                   473,288,209

OWNERS' EQUITY
Capital stock                                         4,700,000
Additional paid-in capital                           21,316,288
Partners' capital account                                     -
Owner's equity account                                        -
Retained earnings - prepetition                    (438,420,596)
Retained earnings - postpetition                     (3,096,329)
Adjustments to owner equity                                   -
Postpetition contributions                                    -
                                                   -------------
NEW OWNERS' EQUITY                                  (415,500,637)
                                                   -------------
TOTAL LIABILITIES AND OWNERS' EQUITY                 $57,787,572
                                                   =============

                         Escada (USA) Inc.
          Schedule of Cash Receipts and Disbursements
             September 1 through September 30, 2009

CASH, BEGINNING OF MONTH                              $3,693,711

RECEIPTS
Cash Sales                                               325,740
Accounts Receivable - prepetition                              -
Accounts Receivable - postpetition                     5,666,670
Loans and Advances                                             -
Sales of Assets                                                -
Other                                                  1,543,133
Transfers (from DIP Accounts)                          3,637,749
                                                   -------------
   TOTAL RECEIPTS                                     11,173,292

DISBURSEMENTS
Net Payroll                                              993,189
Payroll Taxes                                            438,877
Sales, Use and Other taxes                               205,951
Inventory Purchases                                    2,276,599
Secured/Rental/Leases                                          -
Insurance                                                      -
Administrative                                         2,134,779
Selling                                                        -
Other                                                     (1,067)
Owner Draw                                                     -
Transfers (to DIP Accounts)                            3,637,749
Professional Fees                                              -
U.S. Trustee Quarterly Fees                                    -
Court Costs                                                    -
                                                   -------------
   TOTAL DISBURSEMENTS                                 9,686,077
                                                   -------------
Net Cash Flow (Receipts Less Disbursements)            1,487,215
                                                   -------------
Cash - End of Month                                   $5,180,926
                                                   =============

                         About ESCADA AG

The ESCADA Group -- http://www.escada.com/-- is an international
fashion group for women's apparel and accessories, which is active
on the international luxury goods market.  It has pursued a course
of steady expansion since its founding in 1976 by Margaretha and
Wolfgang Ley and today has 182 own shops and 225 franchise
shops/corners in more than 60 countries.

As of August 10, 2009, the Escada Group operated 176 owned stores
and so-called shop in shops, of which 26 owned stores are located
in the United States and operated by Escada (USA) Inc. and 2
stores are planned to be opened in the United States before year
end.  Escada Group products are also sold in 163 stores worldwide
which are operated by franchisees.  Escada Group had total assets
of EUR322.2 million against total liabilities of 338.9 million as
of April 30, 2009.

Wholly owned subsidiary Escada (USA) Inc. filed for Chapter 11 on
August 14, 2009 (Bankr. S.D.N.Y. Case No. 09-15008).  Judge Stuart
M. Bernstein handles the case.  O'Melveny & Myers LLP has been
tapped as bankruptcy counsel.  Kurtzman Carson Consultants serves
as claims and notice agent.  Escada US listed US$50 million to
US$100 million in assets and US$100 million to US$500 million in
debts in its petition.

Bankruptcy Creditors' Service, Inc., publishes Escada USA
Bankruptcy News.  The newsletter tracks the Chapter 11 proceedings
of Escada USA, and the insolvency proceedings of ESCADA AG and its
units.  (http://bankrupt.com/newsstand/or 215/945-7000)


GENERAL GROWTH: Reports $61.7 Mil. Net Loss for September
---------------------------------------------------------
                   General Growth Properties, Inc.
                Consolidated Condensed Balance Sheet
                      As of September 30, 2009

Assets
Investment in real estate:
Land                                            $2,946,948,000
Buildings and equipment                         19,480,134,000
Less accumulated depreciation                   (3,995,729,000)
Developments in progress                           758,198,000
                                               ----------------
    Net property and equipment                   19,189,551,000

Investment in and loans to/from
Unconsolidated Real Estate Affiliates              385,945,000
Investment property and property held for
development and sale                             1,182,797,000
Investment in controlled non-debtor entities     3,960,788,000
                                               ----------------
    Net investment in real estate                24,719,081,000

Cash and cash equivalents                           633,159,000
Accounts and notes receivable, net                  323,096,000
Goodwill                                            205,257,000
Deferred expenses, net                              247,311,000
Prepaid expenses and other assets                   559,724,000
                                               ----------------
  Total assets                                  $26,687,628,000
                                               ================

Liabilities and Equity:
Mortgages, notes and loans payable                  400,000,000
Investment in and loans to/from
Unconsolidated Real Estate Affairs                  31,694,000
Deferred tax liabilities                            906,021,000
Accounts payable and accrued expenses               699,300,000
                                               ----------------
Liabilities not subject to compromise             2,037,015,000
                                               ----------------
Liabilities subject to compromise               22,483,178,000
                                               ----------------
Total liabilities                              24,520,193,000
                                               ----------------

Redeemable noncontrolling interests:
Preferred                                          120,756,000
Common                                              36,038,000
                                               ----------------
Total redeemable noncontrolling interests          156,794,000
                                               ----------------

Equity:
Common stock                                         3,138,000
Additional paid-in capital                       3,793,240,000
Retained earnings (accumulated deficit)         (1,713,966,000)
Accumulated other comprehensive loss                (8,797,000)
Less common stock in treasury, at cost             (76,752,000)
                                               ----------------
Total stockholder's equity                       1,996,863,000
Noncontrolling interests in consolidated
real estate affiliates                              13,778,000
                                               ----------------
Total equity                                     2,010,641,000
                                               ----------------
  Total liabilities and equity                  $26,687,628,000
                                               ================

                     General Growth Properties, Inc.
                     Consolidated Statement of Income
                  For the Month ended September 30, 2009

Revenues:
Minimum rents                                     $135,913,000
Tenant recoveries                                   62,151,000
Overage rents                                        3,705,000
Land sales                                             654,000
Other                                                7,831,000
                                               ----------------
  Total revenues                                    210,254,000
                                               ----------------

Expenses:
Real estate taxes                                   20,862,000
Repairs and maintenance                             16,494,000
Marketing                                            2,714,000
Ground and other rents                                 931,000
Other property operating costs                      29,207,000
Land sales operations                                3,022,000
Provision for doubtful accounts                      5,317,000
Property management and other costs                  9,602,000
General and administrative                           2,063,000
Provisions for impairment                           53,398,000
Depreciation and amortization                       50,912,000
                                               ----------------
  Total expenses                                    194,522,000
                                               ----------------
Operating income                                     15,732,000

Interest (expense) income, net                      (98,158,000)
                                               ----------------

Loss before income taxes, noncontrolling
interests, equity in income of
Unconsolidated Real Estate Affiliates and
reorganization items                               (82,426,000)
Benefit from income taxes                             3,987,000
Equity in income of Unconsolidated Real
Estate Affiliates                                   19,562,000
Reorganization items                                 (3,382,000)
                                               ----------------
Net loss                                            (62,259,000)
Allocation to noncontrolling interests                  571,000
                                               ----------------
Net loss attributable to common stockholders       ($61,688,000)
                                               ================

                  About General Growth Properties

Based in Chicago, Illinois, General Growth Properties, Inc. --
http://www.ggp.com/-- is the second-largest U.S. mall owner,
having ownership interest in, or management responsibility for,
more than 200 regional shopping malls in 44 states, as well as
ownership in master planned community developments and commercial
office buildings.  The Company's portfolio totals roughly ]
200 million square feet of retail space and includes more than
24,000 retail stores nationwide.  General Growth is a self-
administered and self-managed real estate investment trust.  The
Company's common stock is trading in the pink sheets under the
symbol GGWPQ.

General Growth Properties Inc. and its affiliates filed for
Chapter 11 on April 16, 2009 (Bankr. S.D.N.Y., Case No.
09-11977).  Marcia L. Goldstein, Esq., Gary T. Holtzer, Esq.,
Adam P. Strochak, Esq., and Stephen A. Youngman, Esq., at Weil,
Gotshal & Manges LLP, have been tapped as bankruptcy counsel.
Kirkland & Ellis LLP is co-counsel.  Kurtzman Carson Consultants
LLC has been engaged as claims agent.  The Company also hired
AlixPartners LLP as financial advisor and Miller Buckfire Co. LLC,
as investment bankers.  The Debtors disclosed
$29,557,330,000 in assets and $27,293,734,000 in debts as of
December 31, 2008.

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


GREEKTOWN HOLDINGS: Records $1.66 Mil. Net Loss for September
-------------------------------------------------------------
                    Greektown Holdings, LLC
                         Balance Sheet
                    As of September 30, 2009

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

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

Other Assets
Financing Fees                                              0
Notes receivables from affiliates                 485,180,867
Investments in affiliate                          (30,694,896)
                                                --------------
Total Assets                                      $457,928,557
                                                ==============

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

Secured liabilities subject to postpetition
collateral or financing order                      171,215,103
All other secured liabilities                      313,965,764
                                                --------------
Total secured liabilities                         485,180,867

Prepetition liabilities:
Taxes and other priority liabilities                        0
Unsecured liabilities                             233,480,473
Discount on bonds                                           0
                                                --------------
Total prepetition liabilities                     233,480,473

Kewadin equity                                     (99,399,607)
Monroe equity                                      (87,697,011)
Owner's capital                                        488,947
Retained earnings prepetition                      116,601,907
Retained earnings postpetition                    (192,077,019)
                                                --------------
Total stockholders' equity                       (262,082,783)
                                                --------------
Total liabilities                                 720,011,340
                                                --------------
Total Liabilities & Shareholders' Deficit         $457,928,557
                                               ==============

                    Greektown Holdings, LLC
                       Income Statement
             For the month ended September 30, 2009

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

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

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

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

                    Greektown Holdings, LLC
                      Cash Flow Statement
             For the month ended September 30, 2009

Cash - beginning of month                                   $0

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

                      Greektown Casino LLC
                         Balance Sheet
                    As of September 30, 2009

Assets
Cash                                              $24,992,974
Inventory                                             436,541
Accounts receivable                                 4,328,549
Insider Receivables                                         0

Property and Equipment
Land and buildings                                537,704,631
Furniture, fixtures and equipment                  86,610,707
Accumulated depreciation                         (145,628,000)
Other current                                      15,976,506
Other long term                                    12,329,562
                                                --------------
Total Assets                                      $536,751,471
                                                ==============

Liabilities and Stockholder's Equity
Postpetition liabilities:
Accounts payable                                  $14,605,617
Notes payable                                       2,332,217
Rent and lease payable                                      0
Wages and salaries                                  3,012,512
Taxes payable                                         924,003
Other                                                 115,663
                                                --------------
Total postpetition liabilities                     20,990,011

Secured liabilities subject to postpetition
collateral or financing order                      171,215,103
All other secured liabilities                      313,965,764
                                                --------------
Total secured liabilities                         485,180,867

Prepetition liabilities:
Taxes and other priority liabilities                        0
Unsecured liabilities                              57,635,154
Other                                               3,640,336
                                                --------------
Total prepetition liabilities                      61,275,490

Equity                                             47,575,616
Owner's capital                                             0
Retained earnings prepetition                      82,744,007
Retained earnings postpetition                   (161,014,520)
                                                --------------
Total stockholders' equity                        (30,694,897)
                                                --------------
Total liabilities                                 567,446,368
                                                --------------
Total Liabilities & Shareholders' Deficit         $536,751,471
                                                ==============

                      Greektown Casino LLC
                        Income Statement
             For the month ended September 30, 2009

Total revenue/sales                                $30,093,595
Cost of sales                                        3,226,498
                                                --------------
Gross profit                                        26,867,097
Operating Expenses
Officer compensation                                   26,849
Salary expenses, other employees                    4,620,401
Employees benefits & pensions                       2,073,715
Payroll taxes                                         554,776
Other taxes                                           618,483
Rent and lease expense                                  7,989
Interest expense                                    5,860,025
Insurance                                             161,999
Automobile & truck expense                                  0
Utilities                                             330,693
Depreciation                                        1,682,854
Travel and entertainment                               13,419
Repairs and maintenance                                76,103
Advertising                                           900,295
Supplies, office expense, etc.                         20,889
Gaming taxes                                        7,401,699
G&A expenses                                        2,453,038
F&B expenses                                          940,277
MGCB Fee                                              833,605
Parking/other                                           8,600
Pre-opening expenses                                        0
Impairment of intangible assets                             0
                                                --------------
Total expenses                                     27,585,709

Net operating profit (loss)                          (718,612)
Add: Non-operating income:
     Interest income                                    11,521
     Other income                                            -

Less: Non-operating expenses
      Professional fees                              5,049,023
      Other                                            382,379
                                                --------------
Net Income (Loss)                                  ($6,138,494)
                                                ==============

                      Greektown Casino LLC
                       Cash Flow Statement
             For the month ended September 30, 2009

Cash - beginning of month                          $11,571,816

Receipts                                           30,297,064
Balance available                                  41,868,880
                                                --------------
Less disbursements                                 31,174,021
                                                --------------
Cash - end of month                                $10,694,860
                                                ==============

                      About Greektown Casino

Based in Detroit, Michigan, Greektown Holdings, LLC, and its
affiliates -- http://www.greektowncasino.com/-- operates
world-class casino gaming facilities located in Detroit's
historic Greektown district featuring more than 75,000 square
feet of casino gaming space with more than 2,400 slot machines,
over 70 tables games, a 12,500-square foot salon dedicated to
high limit gaming and the largest live poker room in the
metropolitan Detroit gaming market.  Greektown Casino employs
approximately 1,971 employees, and estimates that it attracts
over 15,800 patrons each day, many of whom make regular visits to
its casino complex and related properties.  In 2007, Greektown
Casino achieved a 25.6% market share of the metropolitan Detroit
gaming market.  Greektown Casino has also been rated as the "Best
Casino in Michigan" and "Best Casino in Detroit" numerous times
in annual readers' polls in Detroit's two largest newspapers.

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

Greektown Holdings listed assets and debts of $100 million to
$500 million in its bankruptcy petition.

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


HAWAIIAN TELCOM: Discloses $2.96 Mil. Loss for September
--------------------------------------------------------
               Hawaiian TelCom Communications, Inc.
                          Balance Sheet
                     As of September 30, 2009

Cash and cash equivalents                          $104,254,038
Accounts receivable                                           -
Materials and supplies                                        -
Prepaid expenses                                              -
Other current assets                                          -
Property and equipment                                        -
Investment in subsidiaries                          928,281,007
Deferred charges and other assets                    10,518,616
Intangible assets                                             -
                                               ----------------
Total assets                                     $1,043,053,661
                                               ================

Current portion of long-term debt                $1,082,342,747
Accounts payable                                         25,000
Payroll and related benefits payable                          -
Accrued other taxes                                       3,826
Accrued interest                                     29,914,250
Advance billings                                              -
Other current liabilities                            15,533,862
Long-term debt                                                -
Employee benefit obligations                                  -
Deferred income taxes                                   732,235
Other liabilities                                             -
                                               ----------------
                                                  1,128,551,920
                                               ----------------

Equity                                             (447,418,163)
Intercompany receivable                            (105,072,089)
Intercompany payable                                466,991,993
                                               ----------------
Net owner interest                                  (85,498,259)
                                               ----------------
Total liabilities and partners' capital          $1,043,053,661
                                               ================

             Hawaiian TelCom Communications, Inc.
                       Income Statement
            For the Month Ended September 30, 2009

Operating revenues                                            -

Operating expenses:
Cost of goods sold                                           -
Salaries and wages                                      $6,626
Pension and other benefits                                   -
Employee related expenses                                    -
Contracted services                                    113,825
Restructuring expenses                                       -
Rents                                                        -
Materials                                                    -
Advertising                                                  -
Gross receipts and other taxes                               -
Uncollectibles                                               -
All other                                                  248
Depreciation and amortization                                -
                                               ----------------
Total operating expenses                                120,699
                                               ----------------

Operating income (loss)                                (120,699)
                                               ----------------
Other (income) expense:
Interest expense                                     2,662,590
Loss on early extinguishment of debt                         -
Gain (loss) on interest rate swap                            -
Other income and expense, net                                -
                                               ----------------
Total other (income) expenses                         2,662,590
                                               ----------------
Income (loss) from continuing operations
before reorganization items and provision
for income taxes                                    (2,783,289)
Reorganization items                                       (858)
                                               ----------------
Income (loss) from continuing operations
before provision for income taxes                   (2,782,431)
Provision (benefit) for income taxes                   (180,745)
                                               ----------------
Net income (loss)                                   ($2,963,176)
                                               ================

               Hawaiian TelCom Communications, Inc.
                 Cash Receipts and Disbursements
              For the Month Ended September 30, 2009

August 2009 ending book balance                    $107,253,362
Cash on hand beginning book balance                          0
Adjustments                                                  0
                                               ----------------
September 2009 beginning book balance               107,253,362

Receipts
Receipts from operations                                   858
Net change in deposits in transit                            0
Other                                                  142,598
                                               ----------------
Total receipts                                          143,456
                                               ----------------

Disbursements
AP & Payroll disbursements
    Check                                                     0
    EFT                                                       0
    Wire                                             (1,245,438)
                                               ----------------
    Total AP & Payroll disbursements                 (1,245,438)
                                               ----------------
Bank debts
    Bank fees                                               (66)
    Other                                                     0
                                               ----------------
    Total bank debts                                        (66)
                                               ----------------
Total disbursements                                  (1,245,504)
                                               ----------------
Other transfers                                      3,000,000
                                               ----------------
ZBA credits                                          1,245,322
ZBA debits                                            (142,598)
                                               ----------------
Total ZBAs                                           1,102,724
                                               ----------------
Adjustments                                                   0
                                               ----------------
September 2009 ending book balance                 $104,254,038
                                               ================

                 Other Hawaiian Telcom Affiliates

Seven affiliates of Hawaiian Telcom Communications also delivered
separate individual monthly operating reports to the Court.  The
Hawaiian Telcom affiliates reported these assets and liabilities
as of September 30, 2009:

Debtor Affiliate                 Total Assets     Total Debts
----------------                --------------  --------------
Hawaiian Telcom, Inc.           $1,086,724,024  $1,086,724,024

Hawaiian Telcom Services
Company, Inc.                      $85,525,352     $85,525,352

Hawaiian Telcom Holdco, Inc.      ($85,498,260)   ($85,498,260)

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

Hawaiian Telcom IP Video
Investment, LLC                             $0              $0

Hawaiian Telcom IP Video
Research, LLC                               $0              $0

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

The Debtor affiliates listed their net income or loss for the
period from September 1 to 30, 2009:

Company                                       Net Income(Loss)
-------------                                 ---------------
Hawaiian Telcom, Inc.                             ($4,402,628)

Hawaiian Telcom Services Company, Inc.            ($1,885,782)

Hawaiian Telcom IP Service Delivery Research, LLC    ($39,424)

Hawaiian Telcom IP Video Research, LLC               ($18,600)

Hawaiian Telcom Holdco, Inc.                               $0

Hawaiian Telcom IP Service Delivery Investment, LLC        $0

Hawaiian Telcom IP Video Investment, LLC                   $0

The Debtor affiliates also reported their cash receipts and
disbursements for the period from September 1 to 30, 2009:

Company                   Receipts    Disbursements   Cash Flow
-------------           -----------   -------------   ---------
Hawaiian Telcom, Inc.   $35,810,841    ($31,764,861) $6,330,229

Hawaiian Telcom Services
Company, Inc.              $294,471     ($4,965,131)   ($11,832)

Hawaiian Telcom IP Video
Research, LLC                    $0         ($5,600)         $0

Hawaiian Telcom IP Service
Delivery Research, LLC           $0        ($14,966)         $0

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

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

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

                       About Hawaiian Telcom

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

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

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

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

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


HERBST GAMING: Posts $1.7 Million Net Loss in September
-------------------------------------------------------
Herbst Gaming, Inc., has filed a monthly operating report for the
month ended September 30, 2009.

The Company reported a net loss of $1.7 million on zero revenue
for the month of September.  Restructuring costs totaled $985,461
for the period.

At September 30, 2009, Herbst Gaming, Inc., had $581.8 million in
total assets and $1.2 billion in total liabilities.  Cash and cash
equivalents were $2.7 million at September 30, 2009.

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

       http://bankrupt.com/misc/herbstgaming.septembermor.pdf

                       About Herbst Gaming

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

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

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

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


MERUELO MADDUX: 845 S Flower Earns $10,833 from September 4 - 30
----------------------------------------------------------------
On November 5, 2009, Meruelo Maddux - 845 S. Flower Street, LLC
and Meruelo Chinatown, LLC, which are both subsidiaries of Meruelo
Maddux Properties, Inc., filed their unaudited condensed debtors-
in-possession financial statements included in the monthly
operating report for the period from September 4, 2009, through
September 30, 2009, with the United States Bankruptcy Court for
the Central District of California, San Fernando Valley Division.
(the "Court") (In re Meruelo Maddux - 845 S. Flower Street, LLC
and Meruelo Chinatown, LLC; Case Numbers 1:09-bk-21621-KT and
1:09-bk-21622-KT respectively.)

Meruelo Maddux - 845 S. Flower Street reported net income of
$10,833 from September 4, 2209, through September 30, 2009.

At September 30, 2009, Meruelo Maddux - 845 S. Flower Street had
$58,842,191 in total assets and $91,784,384 in total liabilities.

Meruelo Chinatown reported net income of $17,603 on total revenue
of $24,800.

At September 30, 2009, Meruelo Chinatown had $1,308,264 in total
assets, $19,670 in total liabilities, and $1,288,593 in total
shareholders' equity.

Copies of said reports are available at:

               http://researcharchives.com/t/s?494c
               http://researcharchives.com/t/s?494d

                      About Meruelo Maddux

Based in Los Angeles, California, Meruelo Maddux Properties, Inc.
-- http://www.meruelomaddux.com/-- and its subsidiaries engage in
commercial and residential property development predominantly in
downtown Los Angeles and other densely populated urban areas in
California.

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


PLIANT CORP: Has $64.2 Million Loss from January to September 2009
------------------------------------------------------------------
Pliant Corporation and its affiliated debtors filed with the U.S.
Bankruptcy Court for the District of Delaware on November 4, 2009,
a monthly operating report for the month ended September 30, 2009.

Pliant Corp. and its debtor-affiliates reported a year to date net
loss of $64.2 million on net sales of $638.5 million.  Operating
loss was $24.1 million.  Interest expense totaled $55.4 million.

At September 30, 2009, the Debtors had $486.5 million in total
assets and $1.1 billion in total liabilities.  The Debtors ended
the period with $30.6 million in cash.  Cash at the beginning of
the year was $25.2 million.

A full-text copy of Pliant's September 2009 monthly operating
report is available for free at:

          http://bankrupt.com/misc/pliant.septembermor.pdf

                         About Pliant Corp

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

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

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


REUNION INDUSTRIES: Incurs $96,000 Net Loss in September
--------------------------------------------------------
Reunion Industries, Inc., posted a net loss of $96,000 on net
sales $1,263,000 for the month of September 2009.

The Debtor ended September with $1,851,000 in cash and
equivalents.

As of September 30, 2009, the Debtor had $18,038,000 in total
assets, $9,868,000 in total liabilities, and $8,170,000 in total
equity.

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

               http://researcharchives.com/t/s?4947

Reunion Industries filed for Chapter 11 protection on November 26,
2007 (Bankr. D. Conn. Case No. 07-50727).  Two Reunion Industries
stockholders, Charles E. Bradley, Sr. Family Limited Partnership,
and John Grier Poole Family Limited Partnership filed separate
Chapter 11 petitions on the same day (Bankr. D. Conn. Case Nos.
07-50725 and 07-50726).  Carol A. Felicetta, Esq., David M. S.
Shaiken, Esq., Eric A. Henzy, Esq., at Reid and Riege, P.C.; and
Derek M. Johnson, Esq., at Ruben, Johnson and Morgan, represent
Reunion Industries as counsel.


R.H. DONNELLEY: Reports $1.61 Mil. Loss for September
-----------------------------------------------------
                  R.H. Donnelley Corporation
                         Balance Sheet
                   As of September 30, 2009

ASSETS

Cash and cash equivalents                             $3,048,000
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                 24,352,000
Prepaid expenses and other current assets              2,739,000
                                                  --------------
Total current assets                                  35,139,000

Fixed assets and computer software                     5,211,000
Other non-current assets                           2,335,531,000
Intangible assets                                              -
                                                  --------------
Total assets                                      $2,375,881,000
                                                  ==============

LIABILITIES & SHAREHOLDERS' EQUITY

Accounts payable and accrued liabilities              $5,263,000
Accrued interest                                               -
Deferred directory revenues                                    -
Due to parent, net                                  (141,501,000)
Short-term deferred tax                                        -
Current portion of long-term debt, intercompany                -
Current portion of long-term debt                              -
                                                  --------------
                                                    (136,238,000)
Long-term debt                                                 -
Long-term debt, intercompany                                   -
Deferred income taxes, net                             3,966,000
Other non-current liabilities                          6,098,000
                                                  --------------
Total liabilities not subject to compromise         (126,174,000)
Liabilities subject to compromise                  3,383,882,000

Common stock                                          88,169,000
Intercompany capital                                           -
Additional paid-in capital                         2,633,490,000
Accumulated deficit                               (3,291,846,000)
Treasury stock                                      (256,140,000)
Accumulated other comprehensive loss                 (55,501,000)
                                                  --------------
Total shareholders' deficit                         (881,828,000)
                                                  --------------
Total liabilities and shareholders' deficit       $2,375,880,000
                                                  ==============

                   R.H. Donnelley Corporation
                        Income Statement
             For the Month Ended September 30, 2009

Net revenues                                        ($20,465,000)

Production and distribution expenses                           -
Selling and support expenses                              12,000
General and administrative expenses                    2,405,000
Depreciation and amortization                            262,000
Impairment charges                                       206,000
                                                  --------------
Total expenses                                         2,885,000
Interest expense                                           1,000
                                                  --------------
Loss before reorganization items, net                (23,351,000)
Reorganization items, net
  Professional fees                                     (116,000)
  U.S. Trustee fees                                            -
  Court fees                                                   -
  Other                                                 (644,000)
                                                  --------------
  Total                                                 (760,000)

Provision for income taxes                           (20,984,000)
                                                  --------------
Net income (loss)                                    ($1,607,000)
                                                  ==============

                   R.H. Donnelley Corporation
                Cash Receipts and Disbursements
             For the Month Ended September 30, 2009

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

Cash disbursements
  Trade payables                                       ($600,000)
  Payroll and employee costs                                   -
  Interest expense - notes                                     -
  Interest expense - term loan                                 -
  Interest expense - swaps                                     -
  Term loan repayment (mandatory)                              -
  Intercompany                                           900,000
                                                  --------------
Total cash disbursements                                 300,000

Reorganization charges
  Adequate protection payment                                  -
  Professional fees                                   (1,000,000)
                                                  --------------
Total reorganization charges                          (1,000,000)

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

Beginning bank balance                               178,400,000
Net cash flow                                           (700,000)
                                                  --------------
Ending bank balance                                 $177,700,000
                                                  ==============

                    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)


SAMSONITE COMPANY: Posts $1 Million Net Loss in September
---------------------------------------------------------
Samsonite Company Stores, LLC, reported a net loss of $1,013,433
on net sales of $7,196,144 for the month of September 2009.

The Company ended September with $1,028,607 in cash:

     Cash, beginning          $1,181,552
     Total receipts          $14,831,611
     Total disbursements      $7,868,962
     Net cash flow            $6,962,649
     Cash, end                $8,144,201
     Excess cash swept by
       corporate              $7,115,594
     Adj cash, end            $1,028,607

A full-text copy of the Company's September operating report is
available for free at:

        http://bankrupt.com/misc/samsonite.septembermor.pdf

                       About Samsonite Corp.

Samsonite Corp. is the worldwide leader in superior travel bags,
luggage and accessories, combining notable style with the latest
design technology and the utmost attention to quality and
durability. In 2006 and 2007, the Company had sales of
$1.1 billion and $1.2 billion, respectively.

Offering superior travel bags, luggage and accessories, under the
Samsonite, Samsonite Black Label, and American Tourister brands,
Samsonite Company Stores LLC operates full-price and outlet stores
in 38 states across the U.S.  The Company is a wholly-owned
subsidiary of Samsonite Corporation.

As of July 31, 2009, Samsonite Company Stores leased 173 retail
stores in the United States located in 38 states. It employs
approximately 650 people and had sales of $112 million and $108.1
million in 2007 and 2008, respectively.  As of July 31,2009, it
had $233 million in total assets and $1.5 billion in total
liabilities.

Samsonite Company Stores filed for Chapter 11 on September 2, 2009
(Bankr. D. Del. Case No. 09-13102).  Attorneys at Young Conaway
Stargat & Taylor LLP and Paul, Wess, Rifkin, Wharton & Garrison
LLP serve as bankruptcy counsel to the Debtor.  Hilco Merchant
Resources LLC is liquidation agent.  Epiq Bankruptcy Solutions LLC
serves as claims and notice agent.

U.S. Bankruptcy Judge Peter Walsh has confirmed a reorganization
plan for Samsonite Company Stores.  All creditors and interest
holders are to recover 100% of their claims or interests.


SILICON GRAPHICS: Ends September 2009 With $3,146,564 Cash
----------------------------------------------------------
Graphics Properties Holdings, Inc., f/k/a Silicon Graphics, Inc.,
and certain other debtor-in-possession subsidiaries of the Company
filed unaudited unconsolidated monthly operating reports for the
period from September 1, 2009, to September 30, 2009, with the
United States Bankruptcy Court for the Southern District of New
York.

The Debtors ended the period with $3,146,564 in cash:

     Cash, beginning         $3,805,523
     Transfers                    ($155)
     Total disbursements       $659,114
     Net cash flow            ($658,959)
     Cash, end               $3,146,564

A full-text copy of the operating report is available at no charge
at http://researcharchives.com/t/s?4950

Prior to the sale of its assets Sunnyvale, California-based
Silicon Graphics Inc. -- http://www.sgi.com/-- delivered an array
of server, visualization, and storage software.

This is the second bankruptcy filing for Silicon Graphics.  The
Debtors first filed for Chapter 11 on May 8, 2006 (Bankr. S.D.N.Y.
Case Nos. 06-10977 through 06-10990).  Gary Holtzer, Esq., and
Shai Y. Waisman, Esq., at Weil Gotshal & Manges LLP, represent the
Debtors in their restructuring efforts.  The Court confirmed
the Debtors' Plan of Reorganization on September 19, 2006.  When
the Debtors filed for protection from their creditors, they listed
total assets of $369,416,815 and total debts of $664,268,602.

The Company and 14 of its affiliates filed for protection for the
second time on April 1, 2009 (Bankr. S.D.N.Y. Lead Case No.
09-11701).  Mark R. Somerstein, Esq., at Ropes & Gray LLP,
represents the Debtors in their restructuring efforts.  The
Debtors proposed AlixPartners LLC as restructuring advisor;
Houlihan Lokey Howard & Zukin Capital, Inc., as financial advisor;
and Donlin, Recano & Company, Inc., as claims and noticing agent.
When the Debtors filed for protection from their creditors, they
listed $390,462,000 in total assets and $526,548,000 in total
debts as of 2008.

On June 4, 2009, the Company amended its Amended and Restated
Certificate of Incorporation pursuant to the Certificate of
Amendment of Amended and Restated Certificate of Incorporation of
Silicon Graphics, Inc., to change its name to Graphics Properties
Holdings, Inc.


SILICON GRAPHICS: Ends May 2009 With $7,957,111 Cash
----------------------------------------------------
Graphics Properties Holdings, Inc., f/k/a Silicon Graphics, Inc.,
and certain other debtor-in-possession subsidiaries of the Company
filed unaudited unconsolidated monthly operating reports for the
period from April 25, 2009, to May 31, 2009, with the United
States Bankruptcy Court for the Southern District of New York.

The Debtors ended the period with $7,957,111 in cash:

     Cash, beginning                            $26,154,897
     Total operating receipts                    $2,999,065
     Transfers                                    ($343,215)
     Total receipts                              $2,655,850
     Total disbursements                        $17,827,970
     Net cash flow                              $15,172,120
     Acquired asses on May 8, 2009             ($13,704,931)
     Transfer from Acquirer on May 8, 2009      $10,679,264
     Cash, end                                   $7,957,111

A full-text copy of the perating report is available at no charge
at http://researcharchives.com/t/s?494f

Prior to the sale of its assets Sunnyvale, California-based
Silicon Graphics Inc. -- http://www.sgi.com/-- delivered an array
of server, visualization, and storage software.

This is the second bankruptcy filing for Silicon Graphics.  The
Debtors first filed for Chapter 11 on May 8, 2006 (Bankr. S.D.N.Y.
Case Nos. 06-10977 through 06-10990).  Gary Holtzer, Esq., and
Shai Y. Waisman, Esq., at Weil Gotshal & Manges LLP, represent the
Debtors in their restructuring efforts.  The Court confirmed
the Debtors' Plan of Reorganization on September 19, 2006.  When
the Debtors filed for protection from their creditors, they listed
total assets of $369,416,815 and total debts of $664,268,602.

The Company and 14 of its affiliates filed for protection for the
second time on April 1, 2009 (Bankr. S.D.N.Y. Lead Case No.
09-11701).  Mark R. Somerstein, Esq., at Ropes & Gray LLP,
represents the Debtors in their restructuring efforts.  The
Debtors proposed AlixPartners LLC as restructuring advisor;
Houlihan Lokey Howard & Zukin Capital, Inc., as financial advisor;
and Donlin, Recano & Company, Inc., as claims and noticing agent.
When the Debtors filed for protection from their creditors, they
listed $390,462,000 in total assets and $526,548,000 in total
debts as of 2008.

On June 4, 2009, the Company amended its Amended and Restated
Certificate of Incorporation pursuant to the Certificate of
Amendment of Amended and Restated Certificate of Incorporation of
Silicon Graphics, Inc., to change its name to Graphics Properties
Holdings, Inc.


SIX FLAGS: Reports $25,254,522 Net Loss for Aug 24-Sept 27
----------------------------------------------------------
                      Six Flags, Inc.
                Consolidating Balance Sheet
                    As of Sept. 27, 2009

                               Assets

Current Assets:
Cash and Cash Equivalents                          $264,466,304
Accounts Receivable                                  48,204,545
Inventories                                          25,600,411
Prepaid Expenses                                     38,868,982
                                                   ------------
Total Current Assets                                377,140,242

Other Assets:
Notes Receivable                                      4,417,152
Intercompanies                                        (351,043)
Investment in Theme Parks                            44,301,712
Deposits                                             47,038,278
                                                    -----------
Total Other Assets                                   95,406,099

Fixed Assets:
Property Plant & Equipment                        2,718,929,827
Accumulated Depreciation                         (1,190,552,565)
                                                 --------------
Net Fixed Assets                                  1,528,377,262

Intangible Assets:
Goodwill and Organization Costs                   1,283,454,039
Less: Amortization                                 (223,231,645)
Deferred Charges                                     34,958,480
Less: Amortization                                  (21,749,587)
                                                  -------------
Net Intangible Assets                             1,073,431,287

Total Assets                                     $3,074,354,891
                                                ===============

                         Liabilities

Current Liabilities:
Short-Term Bank Borrowings                         $270,269,810
Accounts Payable Trade                               42,299,105
Accrued Expenses                                    113,936,158
Accrued Interest Payable                             59,060,713
Deferred Income                                      36,542,394
Current Portion - Long-Term Debt                    164,858,650
Current Portion - Capitalized Leases                  1,397,025
Asset Retirement Obligation - ST                      3,000,000
                                                    -----------
Total Current Liabilities                           691,363,855

Long-Term Liabilities:
Notes Payable - Subsidiaries                      1,979,776,307
Capitalized Leases                                    1,356,606
Other Liabilities                                    81,219,212
Minority Interest                                        10,770
Deferred Income Taxes                               122,817,721
Asset Retirement Obligation - LT                              0
                                                   ------------
Total Long Term Liabilities                       2,185,180,616

Total Liabilities                                $2,876,544,471
                                                ===============

Redeemable Minority Interest                        373,469,128
PIERS                                               306,649,669

Stockholders' Equity:
Retained Earnings                               ($1,830,318,551)
Year-to-Date Net Income                            (113,238,472)
Common Stock                                          2,458,151
Foreign Currency Translation                        (46,724,782)
Paid-in Capital in Excess of Par                  1,505,515,278
                                                ---------------
Total Shareholders' Equity                         (482,308,377)

Total Liabilities & Equity                       $3,074,354,891
                                                ===============

                      Six Flags, Inc.
               Consolidating Income Statement
           For the Period Aug. 24 to Sept, 27, 2009

Total Revenue                                       $77,699,963
Cost of Products Sold                                 6,891,716
                                                  -------------
Gross Profit                                         70,808,247

Total Operating Expenses                             39,716,003
Total S, G & A Expenses                               8,725,564

Operating Income                                     22,366,680

Other Income (Expenses)                                 394,118
Reorganization Items                                 (4,003,877)
Total Depreciation & Amortization                    19,645,595

Interest Expense                                      6,304,634
Interest Income                                         (64,926)
                                                  -------------
Total Interest Expense                                6,239,708

Equity in Operations of Affiliates                   (1,521,512)
Minority Interest in Earnings                        17,536,100
Discontinued Operations                              (3,844,343)
                                                  -------------
Earnings Before Taxes                               (19,298,627)
Income Taxes                                          5,955,895
                                                  -------------
Net Income (Loss)                                  ($25,254,522)
                                                   ============

For the period August 24 to September 27, 2009, Six Flags, Inc.,
and its Debtor-affiliates made total disbursements of
$77,302,171.

                          About Six Flags

Headquartered in New York City, Six Flags, Inc., is the world's
largest regional theme park company with 20 parks across the
United States, Mexico and Canada.

Six Flags filed for Chapter 11 protection on June 13, 2009 (Bankr.
D. Del. Lead Case No. 09-12019).  Paul E. Harner, Esq., Steven T.
Catlett, Esq., and Christian M. Auty, Esq., at Paul, Hastings,
Janofsky & Walker LLP in Chicago, Illinois, act as the Debtors'
lead counsel.  Daniel J. DeFranceschi, Esq., and L. Katherine
Good, Esq., at Richards, Layton & Finger, P.A., in Wilmington,
Delaware, act as local counsel.  Cadwalader Wickersham & Taft LLP,
serves as special counsel.  Houlihan Lokey Howard & Zukin Capital
Inc., serves as financial advisors, while KPMG LLC acts as
accountants.  Kurtzman Carson Consultants LLC serves as claims and
notice agent.  As of March 31, 2009, Six Flags had $2,907,335,000
in total assets and $3,431,647,000 in total liabilities.

Bankruptcy Creditors' Service, Inc., publishes Six Flags
Bankruptcy News.  The newsletter provides gavel-to-gavel coverage
of the Chapter 11 proceedings undertaken by Six Flags Inc. and its
various affiliates.  (http://bankrupt.com/newsstand/or 215/945-
7000).


TARRAGON CORP: Posts $5.9 Million Net Loss in September
-------------------------------------------------------
On November 6, 2009, Tarragon Corporation filed its monthly
operating report for the period September 1, 2009, through
September 30, 2009, with the United States Bankruptcy Court for
the District of New Jersey.

Tarragon Corporation reported a net loss of $5.9 million for the
month ended September 30, 2009.  Net loss was $9.8 million in
August.

At September 30, 2009, Tarragon Corporation's balance sheet showed
$217.0 million in total assets, $567.2 million in total
liabilities, and $350.2 million in stockholders' deficit.

Cash and cash equivalents were $7.2 million at September 30, 2009,
compared with $8.9 milion at August 31, 2009.  Restricted cash was
$258,040 at September 30, 2009, and $257,479 at September 30,
2008.

A full-text copy of the Debtor's' monthly operating report for the
month ended September 30, 2009, is available for free at:

        http://bankrupt.com/misc/tarragon.septembermor.pdf

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.


TXCO RESOURCES: Posts $36.4 Million Net Loss in September
---------------------------------------------------------
On November 3, 2009, TXCO Resources Inc. and its subsidiaries
filed an unaudited consolidated monthly operating report for the
period ended September 30, 2009.

The Debtors reported a net loss of $36,395,02 on revenues of
$4,009,460 for the month of September.  Results for September
includes impairment expense of $31,764,574.  Reorganization items,
net totaled $1,765,921.

At September 30, 2009, the Debtors had $366,138,460 in total
assets, $358,756,859 in total liabilities, and $7,381,601 in total
owner's equity.  The Debtors had cash of $7,714,567 at
September 30, 2009.

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

                http://researcharchives.com/t/s?4949

                       About TXCO Resources

TXCO Resources Inc. is an independent oil and natural gas
enterprise with interests in the Maverick Basin of Southwest
Texas, the Fort Trinidad area of East Texas, the onshore Gulf
Coast region and the Marfa Basin of Texas, the Midcontinent region
of Western Oklahoma and shallow Gulf of Mexico waters.  The
Company's business strategy is to acquire undeveloped mineral
interests and internally develop a multi-year drilling inventory
through the use of advanced technologies, such as 3-D seismic and
horizontal drilling.  The Company accounts for its oil and natural
gas operations under the successful efforts method of accounting
and trade its common stock under the symbol "TXCOQ.pk."

The Company and its subsidiaries filed for Chapter 11 protection
on May 17, 2009 (Bankr. W.D. Tex. Case No. 09-51807).  The Debtors
hired Deborah D. Williamson, Esq., and Lindsey D. Graham, Esq., at
Cox Smith Matthews Incorporated, as general restructuring counsel;
Fulbright and Jaworski, L.L.P., as corporate counsel & conflicts
counsel; Albert S. Conly as chief restructuring officer and FTI
Consulting Inc. as financial advisor; Goldman, Sachs & Co. as
financial advisor for assets sale; Global Hunter Securities, LLC,
as financial advisors and investment bankers; and Administar
Services Group LLC as claims agent.  Gardere Wynne Sewell LLP
represents the Committee.


VALUE CITY: Posts $263,000 Net Loss in Month Ended October 3
------------------------------------------------------------
On October 30, 2009, Value City Holdings, Inc., et al., filed a
monthly operating report for the period from August 30, 2009,
through October 3, 2009, with the U.S. Bankruptcy Court for the
Southern District of New York.

Value City Holdings, Inc. et al., reported a net loss of $263,000
for the month ended October 3, 2009.  Professional fees for the
period totaled $251,000.

At October 3, 2009, the Debtors had $20.4 million in total assets
and $108.4 million in total liabilities.

A full-text copy of the Debtors' monthly operating report for the
month ended October 3, 2009, is available for free at:

      http://bankrupt.com/misc/valuecity.aug30-oct3mor.pdf

Headquartered in Columbus, Ohio, Value City Holdings Inc. --
http://www.valuecity.com/-- operates a chain of department stores
in the United States.  The company and eight of its affiliates
filed for Chapter 11 protection on Oct. 26, 2008 (Bankr. S.D.N.Y.
Lead Case No. 08-14197).  John Longmire, Esq., and Lauren C.
Cohen, Esq., at Willkie Farr & Gallagher LLP, represent the
Debtors' in their restructuring efforts.  Epiq Bankruptcy
Solutions LLC is the claims, noticing and balloting agent for the
Debtors.  Glenn R. Rice, Esq., at Otterbourg Steindler Houston &
Rosen, PC, represents the official committee of unsecured
creditors as counsel.  When the Debtors filed for protection from
their creditors, they listed assets and debts between $100 million
and $500 million each.

In November 2008, Judge James M. Peck of the U.S. Bankruptcy Court
for the Southern District of New York granted Value City Holdings
permission to conduct going-out-of-business sales to be managed by
liquidator and financial consultant Tiger Capital Group LLC.


WORLDSPACE INC: Posts $519,712 Net Loss in September
----------------------------------------------------
WorldSpace, Inc., et al., posted a consolidated net loss of
$519,712 on revenue of $158,558 for the month of September 2009.
The Debtors incurred $104,795 in professional fees during the
month.

At September 30, 2009, the Debtors had $678.8 million in total
assets and $2.1 billion in total liabilities.

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

     http://bankrupt.com/misc/worldspace.septembermor.pdf

WorldSpace, Inc. (WRSPQ.PK) -- http://www.1worldspace.com/--
provides satellite-based radio and data broadcasting services to
paying subscribers in 10 countries throughout Europe, India, the
Middle East, and Africa.  1worldspace(TM) satellites cover two-
thirds of the earth and enable the Company to offer a wide range
of services for enterprises and governments globally, including
distance learning, alert delivery, data delivery, and disaster
readiness and response systems.  1worldspace(TM) is a pioneer of
satellite-based digital radio services.

The Debtors and their affiliates operate two geostationary
satellites, AfriStar and Asia Star, which are in orbit over Africa
and Asia.  The Debtor and two of its affiliates filed for Chapter
11 bankruptcy protection on October 17, 2008 (Bankr. D. Del., Case
No. 08-12412 - 08-12414).  James E. O'Neill, Esq., Laura Davis
Jones, Esq., and Timothy P. Cairns, Esq., at Pachulski Stang Ziehl
& Jones, LLP, represent the Debtors as counsel.  Neil Raymond
Lapinski, Esq., and Rafael Xavier Zahralddin-Aravena, Esq., at
Elliot Greenleaf, represent the Official Committee of Unsecured
Creditors.  When the Debtors filed for bankruptcy, they listed
total assets of $307,382,000 and total debts of $2,122,904,000.



                           *********

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

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

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

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

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

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

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

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

                           *********

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

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

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

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

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

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