TCR_Public/100123.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, January 23, 2010, Vol. 14, No. 22

                            Headlines



AVENTINE RENEWABLE: Earns $2.5 Million in December
BH S&B: Posts $173,530 Net Loss in November 2009
CHAMPION ENTERPRISES: Posts $3.7MM Net Loss From Nov. 15 - Dec.5
BROADSTRIPE LLC: Reports $6.8 Million Net Loss in November
CATHOLIC CHURCH: Wilmington Has $130.6MM in Assets at Nov. 30

CHEMTURA CORP: Posts $7 Million Net Loss in December
CHRYSLER LLC: Has $2.35 Billion in Assets at November 30
DISTRIBUTED ENERGY: Ends October 31 With $586,112 Cash
EDDIE BAUER: Files Operating Report for Month Ended January 2
FAIRPOINT COMMS: Has $7.5 Mil. Net Loss for November

FAIRPOINT COMMS: Has $3.2 Billion in Assets at October 31
HAWKEYE RENEWABLES: Files Operating Report for Dec. 21 - 31 Period
HERBST GAMING: Posts $555,876 Net Loss in November
LANDAMERICA FIN'L: LES Records $5.75MM Loss for October
LEHMAN BROTHERS: Raises Cash to $17.15 Billion in November

LEHMAN BROTHERS: Cash & Investments at $14.66 Bil. at Dec. 31
MERISANT WORLDWIDE: Posts $39,380,701 Net Loss in November
METROMEDIA INT'L: Posts $3.2 Million Net Loss in December
NEXTMEDIA GROUP: Files Initial Monthly Operating Report
NOVA HOLDING: Posts $6.7 Million Net Loss in September

PACIFIC ENERGY: Posts $507,646 Net Loss in November
PENN TRAFFIC: Posts $2,195,000 in 2-Week Period Ended November 28
PROVIDENT ROYALTIES: Posts $48.5 Million Net Loss in November
RH DONNELLEY: Reports $4,395,000 Net Income in November
SIMMONS BEDDING: Posts $2MM Net Loss in Nov. 16 - Nov. 28 Period

SOLECO INC: Files Initial Monthly Operating Report
SMURFIT-STONE: Records $15,669,000 Net Income for November
TARRAGON CORP: Posts $3,191,752 Net Loss in November
TAYLOR-WHARTON: Posts $2,654,073 Net Loss in December
TRICOM SA: Ends November With $15,265,207 Cash

TRONOX INC: Has $59MM December Net Loss, Sales $48MM
WHITEHALL JEWELERS: Posts $591,000 Net Loss in November
WORLDSPACE INC: Posts Net Loss of $10.7 Million in December



                            *********



AVENTINE RENEWABLE: Earns $2.5 Million in December
--------------------------------------------------
Aventine Renewable Energy Holdings, Inc., and subsidiaries
reported net income of $2.5 million on total sales of
$42.3 million for the month of December 2009.

Operating income was $5.3 million.  The Company incurred interest
expense of $675,774 for the month of December.  Total
reorganization expense was $5.7 million.  Income tax benefit was
$3.4 million.

At December 31, 2009, the Debtors had total assets of
$711.9 million, $449.1 million in total liabilities, and
$262.8 million in total shareholders' equity.

The Debtors ended the period with $60.0 million in cash and cash
equivalents, which includes roughly $7.45 million in restricted
cash.

A full-text copy of the December operating report is available for
free at http://bankrupt.com/misc/aventine.decembermor.pdf

The Debtors reported net income of $877,103 for the month of
November on total sales of $36.9 million.  Operating income was
$6.1 million.  Interest expense was $600,269.  Total
reorganization expense was $650,269.  Income taxes were
$4.0 million.

A full-text copy of the November operating report is available for
free at http://bankrupt.com/misc/aventine.novembermor.pdf

Pekin, Illinois-based Aventine Renewable Energy Holdings, Inc.
(Pink Sheets: AVRN) -- http://www.aventinerei.com/-- is a
producer and marketer of ethanol to many leading energy companies
in the United States.  In addition to ethanol, Aventine also
produces distillers grains, corn gluten meal, corn gluten feed,
corn germ and brewers' yeast.

Morgan Stanley Capital Partners IV bought Aventine in May 2003
from Williams Cos.  Aventine had a public offering in May 2006.
The Morgan Stanley group retained 28% of the stock at year's end.

The Company and its affiliates filed for Chapter 11 on April 7,
2009 (Bankr. D. Del. Lead Case No. 09-11214).  Joel A. Waite,
Esq., and Ryan M. Bartley, Esq., at Young, Conaway, Stargatt &
Taylor, serves as bankruptcy counsel to the Debtors.  Davis Polk
& Wardwell is special tax counsel and Houlihan, Lokey, Howard &
Zukin, Inc., is the financial advisor.  Garden City Group, Inc.,
has been engaged as claims agent.  Donald J. Detweiler, Esq., at
Greenberg Traurig, LLP, serves as counsel to the official
committee of unsecured creditors.  When it filed for bankruptcy
protection from its creditors, Aventine Renewable listed between
$100 million and $500 million each in assets and debts.


BH S&B: Posts $173,530 Net Loss in November 2009
------------------------------------------------
BH S&B Holdings LLC filed with U.S. Bankruptcy Court for the
Southern District of New York on January 4, 2010, a monthly
operating report for the month of November 2009.

The Company reported a net loss of $173,530 in November.  The
Company incurred $165,418 in professional fees for the period.

At November 30, 2009, the Debtor had $10,710,795 in total assets
and $145,484,633 in total liabilities.

A copy of the Debtor' monthly operating report for the month of
November 2009 is available at:

          http://bankrupt.com/misc/bhsb.novembermor.pdf

                           About BH S&B

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

BH S&B was formed by investment firms Bay Harbour Management and
York Capital Management in August 2008 to acquire the business
operations and assets of bankrupt retailer Steve & Barry's for
$163 million in August 2008.  Steve & Barry's had 240 locations
when it was bought and the new owners had planned to cut that down
to 173 stores.  Due to disappointing sales, Steve & Barry's
returned to bankruptcy in November 2008.

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


CHAMPION ENTERPRISES: Posts $3.7MM Net Loss From Nov. 15 - Dec.5
----------------------------------------------------------------
Champion Enterprises, Inc., et al., reported a consolidated net
loss of $3.7 million on total sales and revenues of $18.3 million
for the filing period November 15, 2009, through December 5, 2009.

At December 5, 2009, the Debtors had $1.084 billion in total
assets, $736.0 million in total liabilities, and $347.7 million in
net stockholders' equity.

A full-text copy of the Company's operating report for the period
ended December 5, 2009, is available at no charge at:

  http://bankrupt.com/misc/championenterprises.nov15-dec5mor.pdf

                    About Champion Enterprises

Troy, Michigan-based Champion Enterprises, Inc., and its
subsidiaries are international manufacturers of factory-built
homes and steel-framed modular buildings, with operations in the
United States, Canada and the United Kingdom. Buildings
constructed by Champion and its subsidiaries consist of both
single and multi-module units designed for either commercial or
residential purposes.  Champion products range from single-module
HUD-Code homes to sophisticated commercial structures such as
hotels.

The Company filed for Chapter 11 on November 15, 2009 (Bankr. D.
Del. Case No. 09-14019).  The Company's affiliates also filed
separate bankruptcy petitions.  James E. O'Neill, Esq., Laura
Davis Jones, Esq., Mark M. Billion, Esq., Timothy P. Cairns, Esq.,
at Pachulski Stang Ziehl & Jones LLP, assist Champion in its
restructuring effort.  The Company listed $576,527,000 in assets
and $521,337,000 in liabilities as of October 3, 2009.


BROADSTRIPE LLC: Reports $6.8 Million Net Loss in November
----------------------------------------------------------
Bill Rochelle at Bloomberg News reports that Broadstripe LLC
reported a $6.8 million net loss in November on revenue of
$7.7 million.  Depreciation, amortization, senior debt expense and
reorganization costs totaled $8.8 million for the month.

Broadstripe already filed a reorganization plan to carry out an
agreement reached before the Chapter 11 filing with holders of the
first- and second-lien debt.  But like in the previous extension
requests, Broadstripe noted that the official committee of
unsecured creditors has filed a lawsuit seeking to invalidate the
lenders' liens.  Until the suit is resolved, the Committee won't
support a plan that recognizes the validity of the lenders'
claims.

                      About Broadstripe LLC

Headquartered in Chesterfield, Missouri, Broadstripe LLC --
http://www.broadstripe.com/-- provides videos and telephone
services to consumers and business in Maryland, Michigan,
Washington and Oregon.  The Company and five of its affiliates
filed for Chapter 11 protection on January 2, 2009 (Bankr. D. Del.
Lead Case No. 09-10006).  Attorneys at Ashby & Geddes, and Gardere
Wynne Sewell LLP represent the Debtors in their restructuring
efforts.  The Debtors tapped FTI Consulting Inc. as their
restructuring consultant, and Epiq Bankruptcy Consultants LLC as
their claims agent.  In its petition, Broadstripe listed assets
and debts between $100 million and $500 million.


CATHOLIC CHURCH: Wilmington Has $130.6MM in Assets at Nov. 30
-------------------------------------------------------------
             Catholic Diocese of Wilmington, Inc.
                         Balance Sheet
                    As of November 30, 2009

ASSETS
  Cash & Equivalents                                 $1,318,246
  Accounts Receivable (Net)                           4,051,148
  Payroll Receivable                                          -
  Notes Receivable                                    1,478,562
  Professional Retainers                              1,195,000
  Unrestricted Pooled Investments                    14,089,675
  Restricted Pooled Investments                      29,608,420
  Unallocated Audit Fees                                234,695
  Other Assets                                           52,342
  Real Estate                                         1,106,640
  Assets Held for Others                             77,472,046
                                                    -----------
     TOTAL ASSETS                                  $130,606,774
                                                    ===========

LIABILITIES
  Pre-Filing Accounts Payable                          $121,730
  Payroll & Payroll Taxes Payable                             -
  Payroll Garnishments Payable                              851
  Accrued Vacation Time Payable                         125,107
  Blue Cross/Blue Shield Accrual                         70,998
  Accounts Payable Capital Campaign                      51,891
  Bonds Payable                                      11,000,000
  Priest Pension                                     13,107,216
  Lay Pensions                                       64,366,743
  National Collections                                  205,929
  Other Liabilities                                      29,273
  Assets Held for Others                             77,472,046
                                                    -----------
     TOTAL LIABILITIES                              166,551,784

NET ASSETS
  Beginning Year Net Assets                         (41,816,364)
  Net Assets - Pre-Petition                           4,138,712
  Net Assets - Post-Petition                          1,732,642
                                                    -----------
TOTAL NET ASSETS                                    (35,945,010)
                                                    -----------
TOTAL LIABILITIES & NET ASSETS                     $130,606,774
                                                    ===========

             Catholic Diocese of Wilmington, Inc.
                    Statement of Operations
            For the month ending November 30, 2009

CDOW Operations
  CDOW Revenue
     Assessments                                       $251,125
     Investment Income                                   15,000
     Operational Income                                 480,171
     Designated Income (Education)                      120,559
                                                    -----------
  Total CDOW Revenue                                    866,855

  CDOW Expenses
     Payroll & Taxes                                   (447,321)
     Medical Payments                                         -
     Other Compensation                                 (48,183)
     Other Operational                                  (77,128)
     Capital Expenditures                                     -
     Catholic Schools, Inc.                             (19,196)
     Casa San Francisco                                       -
     Ministry to the Elderly                                  -
     Neumann Center                                           -
     Vision for the Future (Tuition Assistance)               -
     Owed to Parishes (Cap Campaign)                          -
                                                    -----------
  Total CDOW Expenses                                  (591,828)
                                                    -----------
CDOW NET OPERATING CASH                                 275,027

  Program Services
     Annual Appeal Revenue                              280,146
     Program Services Expenditures                            -
        Catholic Youth Organization                      (9,000)
        Catholic Charities                              (94,268)
        The Dialog                                      (92,840)
                                                    -----------
     Total Program Services Expenses                   (196,108)
                                                    -----------
  PROGRAM SERVICES NET CASH                              84,038

Benefits & Insurance Program Administration
  Medical Program
     Premiums Received                                  968,213
     Expenses                                        (1,283,912)
                                                    -----------
     Net Medical                                       (315,699)

  Workers Compensation
     Premiums Received                                        -
     Expenses                                                 -
                                                    -----------
     Net Workers Comp                                         -

  Property & Liability Insurance
     Premiums Received                                  497,485
     Expenses                                                 -
                                                    -----------
     Net P&L Insurance                                  497,485

  Pensions
     Priests                                            (68,075)
     Lay Employees                                            -
                                                    -----------
     Total Pensions                                     (68,075)
                                                    -----------
NET CHANGE IN LIQUIDITY                                $472,776
                                                    ===========

             Catholic Diocese of Wilmington, Inc.
          Schedule of Cash Receipts and Disbursements
            For the month ending November 30, 2009

Cash Beginning of Period                               $938,619

Receipts
  Assessments                                           251,125
  Annual appeal                                         280,127
  Insurance premiums                                  1,465,698
  Other operating                                       600,730
  PIA - deposits                                              -
  PIA - net investments                                       -
  Transfers in                                                -
                                                    -----------
  Total Receipts                                      2,597,680

Disbursements
  Net payroll and taxes                                 447,321
  PIA - withdrawals
     Debtor                                                   -
     Parish Corporations                                      -
     Foundation                                               -
     Dow Schools                                              -
     Cemeteries                                               -
     charities                                                -
     Siena Hall                                               -
     Children's Home                                          -
     Seton Villa                                              -
     Catholic Press                                           -
     Catholic Youth                                           -
  Insurance Payments                                  1,285,130
  Operating Expenses                                    124,093
  Other                                                 215,304
  Transfers Out                                         150,000
  Professional Fees                                           -
  U.S. Trustee Quarterly Fees                                 -
  Court Ccosts                                                -
                                                    -----------
Total Disbursements                                   2,221,848
                                                    -----------
Net cash flow                                           375,832
                                                    -----------
Cash - end of period                                 $1,314,451
                                                    ===========

                  About the Diocese of Wilmington

The Diocese of Wilmington covers Delaware and the Eastern Shore of
Maryland and serves about 230,000 Catholics.  The Delaware diocese
is the seventh Roman Catholic diocese to file for Chapter 11
protection to deal with lawsuits for sexual abuse.  Previous
filings were by the dioceses in Spokane, Washington; Portland,
Oregon; Tucson, Arizona; Davenport, Iowa, Fairbanks, Alaska; and
San Diego, California.

The bankruptcy filing automatically stayed eight consecutive abuse
trials scheduled in Delaware scheduled to begin October 19.  There
are 131 cases filed against the Diocese, with 30 scheduled for
trial.

The Diocese filed for Chapter 11 on Oct. 18, 2009 (Bankr. D. Del.
Case No. 09-13560).  Attorneys at Young Conaway Stargatt & Taylor,
LLP, serve as counsel to the Diocese.  The Ramaekers Group, LLC is
the financial advisor.  The petition says assets range $50,000,001
to $100,000,000 while debts are between $100,000,001 to
$500,000,000. (Catholic Church Bankruptcy News; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or
215/945-7000).


CHEMTURA CORP: Posts $7 Million Net Loss in December
----------------------------------------------------
On January 15, 2010, Chemtura Corporation filed with the U.S.
Bankruptcy Court for the Southern District of New York its monthly
operating Report for the period December 1, 2009, through
December 31, 2009.

Chemtura Corporation and related Debtors reported a net loss of
$7 million on net sales of $225 million for the period.

Expenses incurred and settlement impacts due to the Chapter 11
proceedings are reported separately as reorganization items, net
on the condensed combined statement of operations for the month
ended December 31, 2009.  Interest expense related to pre-petition
indebtedness has been reported only to the extent that it will be
paid during the pendency of the Chapter 11 proceedings or is
permitted by Court approval or is expected to be an allowed claim.

Reorganization items, net amounted to $24 million.  Interest
expense was $6 million.  Equity in net loss of subsidiaries
totaled $15 million.

At December 31, 2009, the Debtors had $4.142 billion in total
assets, $3.897 billion in total liabilities, and $245 million in
total stockholders' equity.

The Debtor had cash and cash equivalents of $81 million at the end
of the period, compared with cash and cash equivalents of
$89 million at the beginning of the period.

A full-text copy of the December 2009 operating report is
available at no charge at http://researcharchives.com/t/s?4dbb

                      About Chemtura Corp.

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

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

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

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


CHRYSLER LLC: Has $2.35 Billion in Assets at November 30
--------------------------------------------------------
            Old Carco LLC (fka Chrysler LLC) et al.
               Condensed Combined Balance Sheet
                    As of November 30, 2009

CURRENT ASSETS:
  Cash and cash equivalents                        $265,000,000
  Restricted cash                                   102,000,000
  Inventories                                        26,000,000
  Prepaid expenses and other current assets         469,000,000
  Deferred taxes                                     17,000,000
                                                 --------------
     TOTAL CURRENT ASSETS                           879,000,000

OTHER ASSETS:
  Property, plant and equipment, net                524,000,000
  Investments, notes and advances                   909,000,000
  Restricted cash                                     2,000,000
  Deferred taxes                                     20,000,000
  Other assets                                       12,000,000
                                                 --------------
     TOTAL OTHER ASSETS                           1,467,000,000
                                                 --------------
TOTAL ASSETS                                     $2,346,000,000
                                                 ==============

CURRENT LIABILITIES NOT SUBJECT TO COMPROMISE:
  Accrued expenses & other current liabilities     $616,000,000
  Debtor-in-possession financing                  3,344,000,000
  Deferred taxes                                      4,000,000
                                                 --------------
     TOTAL CURRENT LIABILITIES                    3,964,000,000

LONG-TERM LIABILITIES NOT SUBJECT TO COMPROMISE:
  Accrued expenses and other liabilities            208,000,000
  Deferred taxes                                    245,000,000
                                                 --------------
     TOTAL LONG-TERM LIABILITIES                    453,000,000
  Liabilities subject to compromise              17,885,000,000
                                                 --------------
     TOTAL LIABILITIES                           22,302,000,000

MEMBER'S DEFICIT:
  Capital stock                                     316,000,000
  Contributed capital                             7,735,000,000
  Accumulated losses                            (32,700,000,000)
  Accumulated other comprehensive loss            4,693,000,000
                                                 --------------
     TOTAL MEMBER'S DEFICIT                     (19,956,000,000)
                                                 --------------
TOTAL LIABILITIES & MEMBER'S DEFICIT             $2,346,000,000
                                                 ==============

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

  Revenues                                        ($110,000,000)
  Cost of sales                                      88,000,000
                                                 --------------
     GROSS MARGIN                                  (198,000,000)

  Selling, administrative & other expenses           91,000,000
  Research and development                           (3,000,000)
  Other (income) loss, net                            4,000,000
  Gain on Daimler pension settlement                          -
  Restructuring (income) expense                    (32,000,000)
                                                 --------------
  INCOME (LOSS) BEFORE FINANCIAL EXPENSE,          (258,000,000)
  REORGANIZATION ITEMS AND INCOME TAXES

  Financial expense, net                            (21,000,000)
                                                 --------------
  INCOME (LOSS) BEFORE REORG. ITEMS
     & INCOME TAXES                                (279,000,000)

  Reorganization items                             (686,000,000)
  Provision (credit) for income taxes               (72,000,000)
                                                 --------------
  NET INCOME (LOSS)                                $479,000,000
                                                 ==============

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

CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)                                  $479,000,000
Adjustments to reconcile net loss to net cash
provided by (used in) operating activities:
  Depreciation and amortization                      11,000,000
  Changes in deferred taxes                           5,000,000
  Amortization of original issue
     discount on DIP Financing                                -
  Net (gain) loss on Fiat transaction              (678,000,000)
  Net (gain) loss on disposal of fixed assets       (16,000,000)
  Other non-cash income and expense                 (19,000,000)
  Changes in accrued expenses & other liabilities   (72,000,000)
  Changes in other operating assets & liabilities:
  * inventories                                       3,000,000
  * trade receivables                                         -
  * trade liabilities                                         -
  * payments for reorganization items                (7,000,000)
  * other assets and liabilities                    295,000,000
                                                 --------------
NET CASH PROVIDED BY (USED IN)
  OPERATING ACTIVITIES                                1,000,000

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             23,000,000
  Proceeds from disposals of equipment on
     operating leases                                         -
Net change in restricted cash                                 -
Other                                                         -
                                                 --------------
NET CASH PROVIDED BY INVESTING ACTIVITIES            23,000,000

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 (decrease) in cash & cash equiv.      24,000,000
                                                 --------------
  Cash & cash equiv. at beginning of period
                                                 --------------
  Cash and cash equivalents at end of period        $24,000,000
                                                 ==============

                     About Chrysler Group LLC

Chrysler Group LLC, formed in 2009 from a global strategic
alliance with Fiat Group, produces Chrysler, Jeep(R), Dodge, Ram
Truck, Mopar(R) and Global Electric Motorcars (GEM) brand vehicles
and products.  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 Ram Truck.  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.

                        About Chrysler LLC

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)


DISTRIBUTED ENERGY: Ends October 31 With $586,112 Cash
------------------------------------------------------
Distributed Energy Systems Corp. filed with the U.S. Bankruptcy
Court for the District of Delaware on December 16, 2009, a monthly
operating report for filing period June 4, 2008, through
October 31, 2009.

The Company's schedule of cash receipts and disbursements for the
reporting period October 1, 2009, through October 31, 2009,
showed:

     Cash Beginning of Month      $586,251
     Total Receipts                     $0
     Total Disbursements              $139
     Cash End of Month            $586,112

Distributed Energy's operating report for the period June 4, 2008,
through October 31, 2009, did not include balance sheet and
earnings/loss information for the period covered by the report.

A copy of Distributed Energy's monthly operating report is
available for free at:

  http://bankrupt.com/misc/distributedenergy.60408-103109mor.pdf

On December 16, 2009, NPS Liquidating Inc. filed with the U.S.
Bankruptcy Court for the District of Delaware a monthly operating
reprot for filing period June 4, 2008, through October 31, 2009.

The Company's schedule of cash receipts and disbursements for the
reporting period October 1, 2009, through October 31, 2009,
showed:

     Cash Beginning of Month      $1,077,865
     Total Receipts                       $0
     Total Disbursements                 $44
     Cash End of Month            $1,077,821

NPS Liquidating's operating report for the period June 4, 2008,
through October 31, 2009, did not include balance sheet and
earnings/loss information for the period covered by the report.

A copy of NPS Liquidating Inc.'s monthly operating report is
available for free at:

         http://bankrupt.com/misc/nps.60408-103109mor.pdf

                     About Distributed Energy

Distributed Energy Systems Corp. and its wholly owned subsidiary,
Northern Power Systems Inc., now known as NPS Liquidating Inc.
filed for Chapter 11 bankruptcy protection on May 4, 2008 (Bankr.
D. Del. Lead Case No. 08-11101).  Robert S. Brady, Esq., Edward J.
Kosmowski, Esq., and Robert F. Poppiti, Jr., at Young, Conaway,
Stargatt & Taylor LLP represent the Debtors in their restructuring
efforts.  The Debtors selected Epiq Systems as their claims agent.
The U.S. Trustee for Region 3 appointed three creditors to serve
on an Official Committee of Unsecured Creditors.  Schuyler G.
Carroll, Esq., Robert M. Hirsh, Esq., and Karen McKinley, Esq., at
Arent Fox LLP, in New York, and John V. Fiorella, Esq., Charles C.
Brown, III, Esq., and "J" Jackson Shrum, Esq., at Archer &
Greiner, P.C., in Wilmington, Delaware, represent the Committee.
The Debtors disclosed in their schedules, assets of $19,593,387
and debts of $43,558,713.


EDDIE BAUER: Files Operating Report for Month Ended January 2
-------------------------------------------------------------
On January 20, 2009, EBHI Holdings, Inc., formerly known as
Eddie Bauer Holdings, Inc., filed its monthly operating report for
the period beginning on November 29, 2009, and ending on
January 2, 2010, with the U.S. Bankruptcy Court for the District
of Delaware.

EBHI Holdings, Inc., had no income and expense transactions for
the period.

At January 2, 2010, EBHI Holdings, Inc. had $220,498,964 in
total assets, $76,260,778 in total liabilities, and $144,238,186
in net owner equity.  Intercompany receivables from affiliates
accounted for $210,470,347 of EBHI's assets.

A copy of the Debtor's monthly operating report is available for
free at http://bankrupt.com/misc/ebhi.nov29-jan2mor.pdf

                        About Eddie Bauer

Eddie Bauer -- http://www.eddiebauer.com/-- is a specialty
retailer that sells outerwear, apparel and accessories for the
active outdoor lifestyle.  Eddie Bauer participates in a joint
venture in Japan and has licensing agreements across a variety of
product categories.

Eddie Bauer, founded in Bellevue, Wash., in 1920, was acquired by
General Mills Inc. in 1971 and then sold to catalog retailer
Spiegel Inc. in 1988.  Eddie Bauer Inc. emerged from Spiegel's
2003 Chapter 11 case as a separate, reorganized entity under the
control and ownership of Eddie Bauer Holdings, Inc.

Eddie Bauer Holdings, Inc., and eight affiliates filed for
bankruptcy on June 17, 2009 (Bankr. D. Del. Lead Case No.
09-12099).  Judge Mary F. Walrath presides over the case.  David
S. Heller, Esq., Josef S. Athanas, Esq., and Heather L. Fowler,
Esq., at Latham & Watkins LLP, serve as the Debtors' general
counsel.  Kara Hammond Coyle, Esq., and Michael R. Nestor, Esq.,
at Young Conaway Stargatt & Taylor LLP, serve as local counsel.
The Debtors' restructuring advisors are Alvarez and Marsal North
America LLC.  Their financial advisors are Peter J. Solomon
Company.  Kurtzman Carson Consultants LLC acts as claims and
notice agent.  As of April 4, 2009, Eddie Bauer had $525,224,000
in total assets and $448,907,000 in total liabilities.

Eddie Bauer Canada, Inc., and Eddie Bauer Customer Services filed
for protection from their creditors in Canada on June 17, 2009,
the same day the U.S. Debtors filed for protection from their
creditors.  The Canadian Debtors have obtained an initial order of
the Canadian Court staying the proceedings against the Canadian
Debtors and their property in Canada.  RSM Richter Inc. was
appointed as monitor in the Canadian proceedings.

On August 4, 2009, Golden Gate Capital closed a deal to acquire
Eddie Bauer Holdings for $286 million.  Golden Gate will maintain
the substantial majority of Eddie Bauer's stores and employees in
a newly formed going concern company.  Golden Gate beat an
affiliate of CCMP Capital Advisors, LLC, at the auction.  The CCMP
unit's $202 million cash offer served as stalking horse bid.

Golden Gate Capital -- http://www.goldengatecap.com/-- is a San
Francisco-based private equity investment firm with roughly
$9 billion of assets under management.


FAIRPOINT COMMS: Has $7.5 Mil. Net Loss for November
----------------------------------------------------
         FairPoint Communications, Inc., and Subsidiaries
              Condensed Consolidated Balance Sheet
                     As of November 30, 2009

ASSETS
Current Assets:
  Cash                                             $85,767,000
  Restricted Cash                                    2,616,000
  Accounts receivable, net                         208,610,000
  Materials and supplies                            21,879,000
  Other                                             22,481,000
  Deferred income tax, net                          72,740,000
                                               ---------------
Total current assets                               414,093,000

Property, plant and equipment, net               1,953,851,000
Intangible assets, net                             213,700,000
Prepaid pension, asset                              10,253,000
Debt issue costs, net                               24,272,000
Restricted cash                                      1,472,000
Other assets                                        18,424,000
Goodwill                                           595,120,000
                                                --------------
Total assets                                    $3,231,455,000
                                                ==============

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
  Accounts payable                                  44,770,000
  Accrued interest payable in cash                           -
  Deferred revenue and other accrued liabilities    24,093,000
  Other accrued liabilities                          5,932,000
                                                 -------------
Total current liabilities not subject               74,795,000
to compromise

Long term liabilities:
  Accrued pension obligation                           452,000
  Employee benefit obligations                      10,486,000
  Deferred income taxes                            114,017,000
  Unamortized investment tax credits                 4,925,000
  Deferred revenue and other accrued liabilities     9,791,000
  Other long term liabilities                        1,712,000
                                                 -------------
Total long-term liabilities not subject            141,383,000
to compromise
                                                 -------------

Liabilities subject to compromise                3,132,225,000

Stockholders' equity(deficit):
  Common stock                                         900,000
  Additional paid-in capital                       726,710,000
  Retained earnings(deficit)                      (717,507,000)
  Accumulated other comprehensive loss            (127,051,000)
                                                --------------
Total stockholders' equity(deficit)               (116,948,000)
                                                --------------
Total liabilities and stockholders' equity      $3,231,455,000
                                                ==============

          FairPoint Communications, Inc. and Subsidiaries
          Condensed Consolidated Statements of Operations
                For Month Ended November 30, 2009

REVENUES:
Operating expenses                                 $93,584,000
  Cost of services and sales, excluding
   depreciation and amortization                    33,938,000
  Selling, general and administrative expense,
   excluding depreciation and amortization          33,584,000
  Depreciation and amortization                     25,364,000
                                                --------------
Total operating expenses                            92,886,000

Income (loss) from operations                          698,000

Other income(expense):
  Interest expense                                    (499,000)
  Gain(loss) on derivative instruments                       -
  Gain on early retirement of debt                           -
  Other                                                164,000
                                                --------------
Total other expenses                                  (335,000)
                                                --------------
Income(loss) before reorg items & income taxes         363,000
Reorganization items                                (2,559,000)
                                                --------------
Income(loss) before income taxes                    (2,196,000)

Income tax(expense)benefit                          (5,333,000)
                                                --------------
Net income(loss)                                   ($7,529,000)
                                                ==============

          FairPoint Communications, Inc., and Subsidiaries
            Schedule of Cash Receipts and Disbursements
                For the Period November 1 - 30, 2009

Cash Beginning of the Month                        $61,810,361

Receipts:
Cash                                                74,507,844
Intra-debtor transfers                             148,485,410
                                                --------------
Total Receipts                                     222,993,255

Disbursements:
Employee Expenses                                  (28,512,614)
Restructuring                                                -
Operating Taxes                                     (1,431,034)
Marketing Expenses                                  (1,014,539)
Insurance                                             (124,990)
Other Expenses                                     (12,909,599)
Capital Expenditures                                (2,469,984)
Intra-debtor transfers                            (148,485,410)
                                                 -------------
Total Disbursements                               (194,948,173)
                                                 -------------
Net Cash Flow                                       28,045,081
                                                 -------------
Cash - End of the month                            $89,885,442
                                                 =============

                  About FairPoint Communications

FairPoint Communications, Inc. (NYSE: FRP) --
http://www.fairpoint.com/-- is an industry leading provider of
communications services to communities across the country.
FairPoint owns and operates local exchange companies in 18 states
offering advanced communications with a personal touch, including
local and long distance voice, data, Internet, television and
broadband services.  FairPoint is traded on the New York Stock
Exchange under the symbols FRP and FRP.BC.

Fairpoint and its affiliates filed for Chapter 11 on Oct. 26, 2009
(Bankr. D. Del. Case No. 09-16335).  Rothschild Inc. is acting as
financial advisor for the Company; AlixPartners, LLP as the
restructuring advisor; and Paul, Hastings, Janofsky & Walker LLP
is the Company's counsel.  BMC Group is claims and notice agent.

As of June 30, 2009, Fairpoint reported $3.24 billion in total
assets, $321.41 million in total current liabilities,
$2.91 billion in total long-term liabilities, and $1.23 million in
total stockholders' equity.

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


FAIRPOINT COMMS: Has $3.2 Billion in Assets at October 31
---------------------------------------------------------
         FairPoint Communications, Inc., and Subsidiaries
               Condensed Consolidated Balance Sheet
                      As of Oct. 31, 2009

ASSETS
Current Assets:
  Cash                                             $58,361,000
  Restricted Cash                                    1,977,000
  Accounts receivable, net                         186,364,000
  Materials and supplies                            22,166,000
  Other                                             24,985,000
  Deferred income tax, net                          83,831,000
                                               ---------------
Total current assets                               377,684,000

Property, plant and equipment, net               1,966,966,000
Intangible assets, net                             215,581,000
Prepaid pension, asset                              10,351,000
Debt issue costs, net                               24,644,000
Restricted cash                                      1,472,000
Other assets                                        18,174,000
Goodwill                                           595,120,000
                                                --------------
Total assets                                    $3,209,992,000
                                                ==============

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
  Accounts payable                                 $15,788,000
  Accrued interest payable in cash                           -
  Deferred revenue and other accrued liabilities    24,120,000
  Other accrued liabilities                          1,278,000
                                                 -------------
Total current liabilities not subject               41,186,000
to compromise

Long term liabilities:
  Accrued pension obligation                            88,000
  Employee benefit obligations                       6,006,000
  Deferred income taxes                            119,469,000
  Unamortized investment tax credits                 4,927,000
  Deferred revenue and other accrued liabilities    10,053,000
  Other long term liabilities                        1,650,000
                                                 -------------
Total long-term liabilities not subject            142,193,000
to compromise

Liabilities subject to compromise                3,136,815,000

Stockholders' equity(deficit):
  Common stock                                         900,000
  Additional paid-in capital                       726,377,000
  Retained earnings(deficit)                      (709,978,000)
  Accumulated other comprehensive loss            (127,501,000)
                                                --------------
Total stockholders' equity(deficit)               (110,202,000)
                                                --------------
Total liabilities and stockholders' equity      $3,209,992,000
                                                ==============

                  About FairPoint Communications

FairPoint Communications, Inc. (NYSE: FRP) --
http://www.fairpoint.com/-- is an industry leading provider of
communications services to communities across the country.
FairPoint owns and operates local exchange companies in 18 states
offering advanced communications with a personal touch, including
local and long distance voice, data, Internet, television and
broadband services.  FairPoint is traded on the New York Stock
Exchange under the symbols FRP and FRP.BC.

Fairpoint and its affiliates filed for Chapter 11 on Oct. 26, 2009
(Bankr. D. Del. Case No. 09-16335).  Rothschild Inc. is acting as
financial advisor for the Company; AlixPartners, LLP as the
restructuring advisor; and Paul, Hastings, Janofsky & Walker LLP
is the Company's counsel.  BMC Group is claims and notice agent.

As of June 30, 2009, Fairpoint reported $3.24 billion in total
assets, $321.41 million in total current liabilities,
$2.91 billion in total long-term liabilities, and $1.23 million in
total stockholders' equity.

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


HAWKEYE RENEWABLES: Files Operating Report for Dec. 21 - 31 Period
------------------------------------------------------------------
On January 15, 2010, Hawkeye Renewables, LLC, et al., filed with
the U.S. Bankruptcy Court for the District of Delaware their
monthly operating report for the filing period December 21, 2009,
through December 31, 2009.

The Debtors delivered a cash collateral budget for the period from
December 21, 2009, through December 31, 2009, disclosing:

     Total Operating Disbursements     $11,614,861
     Non-Operating Disbursements            26,000
     Net Cash Flow                     $11,640,861

A copy of the Company's Cash Collateral Budget is available at no
charge at http://bankrupt.com/misc/hawkeye.122109-123109mor.pdf

On January 5, 2010, the Debtors filed their initial monthly
operating report with the Bankruptcy Court.  The Debtors submitted
a 13 week cash collateral budget commencing December 27, 2009, and
ending March 21, 2010.

A copy of the Debtors' 13-week cash collateral budget is available
at no charge at http://bankrupt.com/misc/hawkeye.initialmor.pdf

Ames, Iowa-based Hawkeye Renewables, LLC -- dba Iowa Falls Ethanol
Plant, LLC -- filed for Chapter 11 bankruptcy protection on
December 21, 2009 (Bankr. D. Del. Case No. 09-14461).  L.
Katherine Good, Esq., and Mark D. Collins, Esq., at Richards,
Layton & Finger, P.A., assist the Company in its restructuring
effort.  Blackstone Advisory Partners, LP, is the Company's
financial advisor.  Epiq Bankruptcy Solutions, LLC, is the
Company's claims agent.  The Company listed $100,000,001 to
$500,000,000 in assets and $500,000,001 to $1,000,000,000 in
liabilities.


HERBST GAMING: Posts $555,876 Net Loss in November
--------------------------------------------------
Herbst Gaming, Inc., has filed a monthly operating report for the
month ended November 30, 2009.

The Company reported a net loss of $555,876 for the month of
November.  Restructuring costs totaled $312,885 for the period.

At November 30, 2009, Herbst Gaming, Inc., had $581.5 million in
total assets and $1.226 billion in total liabilities.  Cash and
cash equivalents were $6.5 million at November 30, 2009.

A copy of Herbst Gaming's November operating report is available
at http://bankrupt.com/misc/herbstgaming.novembermor.pdf

Herbst Gaming reported a net loss of $1,813,911 for the month of
October.  Restructuring costs were $946,930 for the month.

A copy of Herbst Gaming's October operating report is available
at http://bankrupt.com/misc/herbstgaming.octobermor.pdf

Headquartered in Reno, Nevada, Herbst Gaming, Inc. --
http://www.herbstgaming.com/-- is a diversified gaming company.
The Company and its subsidiaries focus on two business lines, slot
route operations and casino operations.  The Company's route
operations involves the exclusive installation and, as of
Sept. 30, 2009, operation of approximately 6,300 slot machines in
non-casino locations, such as grocery stores, drug stores,
convenience stores, bars and restaurants.  The casino operations
consist of 16 casinos located in Nevada, Iowa and Missouri.

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


LANDAMERICA FIN'L: LES Records $5.75MM Loss for October
-------------------------------------------------------
           LandAmerica 1031 Exchange Services, Inc.
                         Balance Sheet
                     As of October 31, 2009

Assets

Cash and Cash Equivalents                    $135,414,000
Notes receivable                               11,064,000
Auction Rate Securities                       146,193,000
Taxes receivable                                   81,000
Property and Equipment                                  0
Other Assets                                      921,000
                                           ---------------
    Total Assets                              $293,673,000
                                           ===============

Liabilities

  Accounts payable and accrued liabilities      $4,219,000
  Intercompany payable                             870,000
  Liabilities subject to compromise            356,270,000
                                           ---------------
    Total Liabilities                          361,359,000
    Total Shareholders' Deficit                (67,686,000)
                                           ---------------
    Total Liabilities and
      Shareholders' Equity                    $293,673,000
                                           ===============

            LandAmerica 1031 Exchange Services, Inc.
                    Statement of Operations
             For the month ended October 31, 2009

Revenue:
Investment Income                                $336,000
Settlement Income                                       0
                                           ---------------
    Total Revenue                                  336,000
                                           ---------------
Expenses
Professional Fees                               2,017,000
General, administrative and other
   expenses                                          2,000
                                           ---------------
   Total Operating Expenses                      2,019,000
                                           ---------------
Operating Income                               (1,684,000)
Loss on sale of investments                     4,010,000
Impairment and noncash adjustment                  60,000
Income Taxes                                            0
                                           ---------------
    Net Loss                                   ($5,754,000)
                                           ===============

           LandAmerica 1031 Exchange Services, Inc.
          Schedule of Cash Receipts and Disbursements
              For the month ended October 31, 2009

Opening Cash Balance                          $126,605,000

Receipts
Investment Income                                 336,000
Settlements                                             0
                                                 9,642,000
Other Receipts                                          0
                                           ---------------
   Total Receipts                                9,979,000
                                           ---------------
Disbursements
Professional Fees                               1,145,000
Litigation Settlement                                   0
LFG                                                25,000
Other                                                   0
                                           ---------------
   Total Disbursements                           1,170,000
                                           ---------------
Ending Cash                                   $135,414,000
                                           ===============

                   About LandAmerica Financial

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

LandAmerica Financial Group and its affiliate LandAmerica 1031
Exchange Services, Inc., filed for Chapter 11 protection Nov. 26,
2008 (Bankr. E.D. Va. Lead Case No. 08-35994).  Attorneys at
Willkie Farr & Gallagher LLP and McGuireWoods LLP serve as co-
counsel.  Zolfo Cooper is the restructuring advisor.  Epiq
Bankruptcy Solutions serves as claims and notice agent.

Attorneys at Akin Gump Strauss Hauer & Feld LLP and Tavenner &
Beran, PLC, serve as counsel to the Creditors Committee of 1031
Exchange.  Bingham McCutchen LLP and LeClair Ryan serve as counsel
to the Creditors Committee of LFG.

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

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

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


LEHMAN BROTHERS: Raises Cash to $17.15 Billion in November
----------------------------------------------------------
Bill Rochelle at Bloomberg News reports that Lehman Brothers
Holdings Inc. ended November with $17.15 billion in cash, an
increase of $822 million in the month.  Receipts in November were
almost $3 billion.  From the inception of the Chapter 11 cases in
September 2008, professional fees total more than $588 million,
with $218 million going to Alvarez & Marsal LLC, the financial
advisers.

                       About Lehman Brothers

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

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

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

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

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

               International Operations Collapse

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

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

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


LEHMAN BROTHERS: Cash & Investments at $14.66 Bil. at Dec. 31
-------------------------------------------------------------
Lehman Brothers Holdings Inc. and its affiliated debtors
disclosed these cash receipts and disbursements for the month
ended December 31, 2009:

Beginning Cash & Investments 12/01/09  $13,769,000,000
Receipts                                2,963,000,000
Transfers                                   5,000,000
Disbursements                          (2,051,000,000)
FX Fluctuation                            (24,000,000)
                                       ---------------
Ending cash & Investments 12/31/09     $14,661,000,000

LBHI reported $2.474 billion in cash as of December 1, 2009, and
$2.964 billion in cash as of December 31, 2009.

The Debtors also disclosed that from the Petition Date to
December 31, 2009, they paid $588,358,000 to professionals,
including the Debtors' Section 363, Section 327, and claims and
noticing agent; the Official Committee of Unsecured Creditors'
Section 327 professionals; the Chapter 11 Examiner's Section 327
professionals; the ordinary course professionals; and the Fee
Examiner and its professionals.  Of the amount, Alvarez & Marsal
LLC, the Debtors' turnaround manager, raked in $218,297,000,
while Weil, Gotshal & Manges LLP, the Debtors' lead bankruptcy
counsel, got $127,143,000.

A full-text copy of the December 2009 Operating Report is
available for free at:

  http://bankrupt.com/misc/LehmanMORDecember2009.pdf

                       About Lehman Brothers

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

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

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

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

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

               International Operations Collapse

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

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

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


MERISANT WORLDWIDE: Posts $39,380,701 Net Loss in November
----------------------------------------------------------
Merisant Worldwide Inc. and its affiliates reported a net loss of
$39,380,701 on net sales of $85,205,128 for November 2009.

As of November 30, 2009, the Debtors had $314,609,000 in total
assets, including $39,053,000 in cash and cash equivalents,
against $774,863,000 in total liabilities.

A full-text copy of the Debtors' November report is available
at no charge at http://bankrupt.com/misc/merisant.novembermor.pdf

As reported in the Troubled Company Reporter on January 12, 2010,
Merisant Company announced January 11 that it has successfully
completed its financial restructuring and emerged from Chapter 11
Bankruptcy.

The United States Bankruptcy Court for the District of Delaware
approved Merisant's plan of reorganization on December 16.  The
Plan reduces the aggregate principal amount of Merisant's
indebtedness from $567 million to approximately $147 million,
lowering the Company's annual cash interest expense from
approximately $36 million to $11 million.

Private investment funds managed by Wayzata Investment Partners
LLC are now the majority stockholder of Merisant Company, which is
now the parent company of the Merisant group of companies.
Wayzata has designated five of the seven members of the new board
of directors and named Eugene "Gene" Davis chairman of the board.
Paul Block served as chairman from 2005-2010 and will remain
president and chief executive officer, roles he has held since
2004.  Mr. Block will continue to serve as a director of the
Company.

                     About Merisant Worldwide

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

As of March 28, 2008, the Debtor has 20 active direct and indirect
subsidiaries, including five subsidiaries in the United States,
six subsidiaries in Europe, five subsidiaries in Mexico, Central
America and South America, and three subsidiaries in the Asia
Pacific region, including Australia and India.  Furthermore, the
Debtor's Swiss subsidiary holds a 50% interest in a joint
venture in the Philippines.  Merisant Worldwide holds 100%
interest in Merisant Company.

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


METROMEDIA INT'L: Posts $3.2 Million Net Loss in December
---------------------------------------------------------
MIG, Inc., reported a net loss of $3.2 million on net revenue of
$7,830 for the month ended December 31, 2009.  Professional fees
incurred in December included in reorganization items totaled
$2.9 million.

At December 31, 2009, MIG had $1.026 billion in total assets,
$205.1 million in total liabilities, and $820.9 million in total
equity.

The Company ended December with approximately $45.8 million in
cash, which includes $3.6 million of restricted cash.  For the
month, the Company paid a total of $3.2 million in professional
fees.

A copy of the Company's December operating report is available for
free at http://bankrupt.com/misc/mig.decembermor.pdf

                          About MIG Inc.

Based in Charlotte, North Carolina, MIG Inc. (PINK SHEETS: MTRM,
MTRMP) -- http://www.metromedia-group.com/-- through its wholly
owned subsidiaries, owns interests in several communications
businesses in the country of Georgia.  The Company's core
businesses include Magticom Ltd., a mobile telephony operator
located in Tbilisi, Georgia, Telecom Georgia, a long distance
telephony operator, and Telenet, which provides Internet access,
data communications, voice telephony and international access
services.

MIG, Inc., fka Metromedia International Group, Inc., filed for
Chapter 11 bankruptcy protection on June 18, 2009 (Bankr. D. Del.
Case No. 09-12118).  Scott D. Cousins, Esq., at Greenberg Traurig
LLP assists the Company in its restructuring efforts.  Debevoise &
Plimpton LLP is the Company's special corporate counsel, while
Potter Anderson & Corroon LLP is the Company's special litigation
counsel.  The official committee of unsecured creditors of MIG,
Inc., has retained Baker & McKenzie LLP as its bankruptcy
counsel, nunc pro tunc to June 30, 2009.

In its petition, the Company said it had US$100 million to
US$500 million in assets and US$100 million to US$500 million in
debts.  In its formal schedules, the Company said it had assets of
$54,820,681 against debts of $210,183,657.


NEXTMEDIA GROUP: Files Initial Monthly Operating Report
-------------------------------------------------------
NextMedia Group, Inc., et al., filed its initial monthly report
with the U.S. Bankruptcy Court for the District of Delaware on
January 5, 2010.

The Debtors submitted projected DIP budget for the 29-week period
from December 17, 2009, through July 1, 2010.

A copy of the Debtors' initial monthly operating report is
available at no charge at:

        http://bankrupt.com/misc/nextmedia.initialmor.pdf

                          NextMedia Group

Greenwood Village, Colorado-based NextMedia Group, Inc., provides
out-of-home media services through radio broadcasting and outdoor
advertising.  The Debtors operate an aggregate of 36 AM and FM
radio stations in a total of seven rated and unrated small, mid-
size and suburban markets, including the Greenville-New Bern-
Jacksonville, North Carolina area; the Saginaw-Bay City-Midland,
Michigan area; Canton, Ohio; Myrtle Beach, South Carolina; San
Jose, California; suburban Chicago; and suburban Dallas.

NextMedia Group filed for Chapter 11 bankruptcy protection on
December 21, 2009 (Bankr. D. Delaware Case No. 09-14463).  The
Debtor's affiliates, NextMedia Investors LLC, et al., also filed
Chapter 11 bankruptcy petitions.  Paul N. Heath, Esq.; Michael J.
Merchant, Esq.; and Chun I. Jang, Esq., at Richards Layton &
Finger, assist the Debtors in their restructuring efforts.
NextMedia Group listed $50,000,001 to $100,000,000 in assets and
$100,000,001 to $500,000,000 in liabilities.


NOVA HOLDING: Posts $6.7 Million Net Loss in September
------------------------------------------------------
Nova Holding Clinton County, LLC, et al., reported a net loss of
$6.7 million on total revenues of $14,730 for the month of
September.  Total reorganization expenses were $1.8 million.

At September 30, 2009, the Debtors had $293.4 million in total
assets and $306.0 million in total liabilities.

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

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

Based in Seneca, Illinois, Nova Holding Clinton County, LLC, makes
industrial organic chemicals and biological products.  Nova
Holding and certain affiliates filed for Chapter 11 protection on
March 30, 2009 (Bankr. D. Del. Lead Case No. 09-11081).  Michael
B. Schaedle, Esq., Melissa S. Vongtama, Esq., and Josef W. Mintz,
Esq., at Blank Rome LLP, in Philadelphia, represent the Debtors as
counsel.  David W. Carickhoff, Esq., at Blank Rome LLP, is
Delaware counsel to the Debtors.  The Debtors listed between
$10 million and $50 million each in assets and debts.


PACIFIC ENERGY: Posts $507,646 Net Loss in November
---------------------------------------------------
Pacific Energy Resources Ltd. filed with the U.S. Bankruptcy Court
for the District of Delaware on January 6, 2010, an amended
monthly report for November.

Pacific Energy Resources Ltd. reported a net loss of $507,646 on
net revenue of $5,138,637 for the month ended November 30, 2009.

At November 30, 2009, the Company had total assets of
$521,411,823, total liabilities of 383,067,460, and net
stockholders' equity of $138,344,362.

During the month of November, the Company's schedule of cash
receipts and disbursement showed:

     Cash, beginning          $8,648,076
     Total Receipts          $15,050.221
     Total Disbursements     $15,181,344
     Net Cash Flow              (131,123)
     Cash, end                $8,516,953

During the month, the Company paid $704,357 in professional fees
and reimbursed $21,307 in professional expenses.

A full-text copy of the Debtor's amended November operating
report is available for free at:

  http://bankrupt.com/misc/pacificenergy.amendednovembermor.pdf

Headquartered in Long Beach, California, Pacific Energy Resources
Ltd. -- http://www.pacenergy.com/-- engages in the acquisition
and development of oil and gas properties, primarily in the United
States.  The Company and seven of its affiliates filed for
Chapter 11 protection on March 8, 2009 (Bankr. D. Del. Lead Case
No. 09-10785).  Attorneys at Pachulski Stang Ziehl & Jones LLP,
represent the Debtors as counsel.  The Debtors proposed Rutan &
Tucker LLP as special corporation and litigation counsel;
Schully, Roberts, Slattery & Marino, PLC, as special oil and gas
and transactional counsel; Devlin Jensen as special Canadian
counsel; Scott W. Winn, at Zolfo Cooper Management, LLC, as chief
restructuring officer; Lazard Freres & Co. LLC as investment
banker; and Albrecht & Associates, Inc., as agent for the Debtors
in the sale of their oil and gas properties.  Omni Management
Group, LLC, is the claims, balloting, notice and administrative
agent for the Debtors.  When the Debtors filed for protection from
their creditors, they listed between $100 million and
$500 million each in assets and debts.


PENN TRAFFIC: Posts $2,195,000 in 2-Week Period Ended November 28
-----------------------------------------------------------------
The Penn Traffic Company, et al., filed their monthly operating
report for the month ended November 28, 2010, with the U.S.
Bankruptcy Court for the District of Delaware.

For the 2-weeks ended November 28, 2009, the Debtors reported a
net loss of $2,195,000 on revenues of $29,798,000.

At November 28, 2009, the Debtors had $151,489,000 in total
assets, current liabilities of $22,681,000, non-current
liabilities of $3,074,000, total liabilities subject to compromise
of $118,565,000, and shareholders' equity of $7,170,000.

A copy of the Debtors monthly operating report for the period
ended November 28, 2009, is available for free at:

               http://researcharchives.com/t/s?4dbd

                        About Penn Traffic

Syracuse, New York-based The Penn Traffic Company -- dba P&C
Foods, Bi-Lo Foods, and Quality Markets -- operates supermarkets
in Pennsylvania, upstate New York, Vermont, and New Hampshire
under the Bilo, P&C and Quality trade names.  The Company filed
for Chapter 11 bankruptcy protection on November 18, 2009 (Bankr.
D. Delaware Case No. 09-14078).  Ann C. Cordo, Esq., and Gregory
W. Werkheiser, Esq., at Morris, Nichols, Arsht & Tunnell assist
the Company in its restructuring effort.  Donlin Recano is the
Company's claims agent.  The Company listed $150,347,730 in assets
and $136,874,394 in liabilities as of May 4, 2009.

These affiliates also filed separate Chapter 11 petition: Sunrise
Properties, Inc.; Pennway Express, Inc.; Penny Curtiss Baking
Company, Inc.; Big M Supermarkets, Inc.; Commander Foods Inc.; P
and C Food Markets, Inc. of Vermont; and P.T. Development, LLC.


PROVIDENT ROYALTIES: Posts $48.5 Million Net Loss in November
-------------------------------------------------------------
Provident Royalties LLC posted a net loss of $48,457,585 on net
revenue of $198,861 for the month of November.  Results for the
month included a $47,520,958 loss on sale of assets.

The Debtors ended the month with $3,254,769 in cash.

At November 30, 2009, the Debtors had total assets of $323,312,510
against total liabilities of $87,583,249.

A copy of the Company's November operating report is available for
free at:

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

                     About Provident Royalties

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

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

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

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

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


RH DONNELLEY: Reports $4,395,000 Net Income in November
-------------------------------------------------------
R.H. Donnelley Corporation filed with the U.S. Bankruptcy Court
for the District of Delaware on December 30, 2009, a monthly
operating report for the period November 1, 2009, through
November 30, 2009.

The Company reported net income of $4,395,000 on net revenues of
$7,344,000 for the period.  Reorganization items, net totaled
$886,000.

At November 30, 2009, the Company had total assets of
$2.399 billion, ($117.6) million in liabilities not subject to
compromise, liabilities subject to compromise of $3.384 billion,
and $867.1 million in total shareholders' deficit.

A copy of the Company's November operating report is available for
free at http://researcharchives.com/t/s?4dbc

                       About R.H. Donnelley

Based in Cary, North Carolina, R.H. Donnelley Corp., fka The Dun
& Bradstreet Corp. (OTC: RHDCQ) -- 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)


SIMMONS BEDDING: Posts $2MM Net Loss in Nov. 16 - Nov. 28 Period
----------------------------------------------------------------
Simmons Bedding Company, et al., reported a consolidated net loss
of $2.0 million on net sales of $28.5 million for the period
November 16 through November 28, 2009.

At November 28, 2009, the Debtors had $896.5 million in total
assets, ($1.240) billion in total liabilities, and $344.0 million
in total equity.

A copy of the Debtors operating report for the period November 16
through November 28, 2008, is available for free at:

       http://bankrupt.com/misc/simmons.nov16-nov28mor.pdf

                        About Simmons Bedding

Atlanta, Georgia-based Simmons Bedding Company -- aka Simmons
Company a Corporation of Delaware; Simmons Company, N.A.; Simmons;
Simmons Company (U.S.A.); Simmons Co.; Simmons Company, a Delaware
Corporation; Simmons Bedding; Simmons USA Company; THL Bedding
Company; Simmons U.S.A. Company; Simmons U.S.A. Corporation;
Simmons Bedding Company -- is a holding company with no operating
assets. Through its wholly-owned subsidiary, Bedding Holdco
Incorporated, which is also a holding company, Simmons Company
owns the common stock of Simmons Bedding Company.  All of Simmons
Company's business operations are conducted by Simmons Bedding
Company and its direct and indirect subsidiaries.  Simmons
Company, together with its subsidiaries, is one of the largest
bedding manufacturers in North America.

The Company filed for Chapter 11 bankruptcy protection on
November 16, 2009 (Bankr. D. Del. Case No. 09-14037).  The
Company's affiliates also filed separate Chapter 11 petitions.
Simmons Bedding listed $895,970,000 in assets and $1,263,522,000
in liabilities as of June 27, 2009.

Weil, Gotshal & Manges LLP is acting as legal counsel and Miller
Buckfire & Co., LLC is acting as financial advisor to Simmons.
Sullivan & Cromwell LLP is acting as legal counsel and Goldman,
Sachs & Co., is acting as financial advisor to Ares and Teachers'.


SOLECO INC: Files Initial Monthly Operating Report
--------------------------------------------------
Soleco Incorporated filed with the Bankruptcy Court on January 15,
2010, a monthly operating report for the period ending
December 31, 2009.

At December 31, 2009, the Company had $39,387,202 in total assets,
$27,900,000 in total liabilities, and 11,487,202 in total owners'
equity.

A copy of the Company's monthly operating report for the period
ended December 31, 2009, is available for free at:

     http://bankrupt.com/misc/soleco.decembermor.pdf

Ogden, Utah-based Soleco Incorporated filed for Chapter 11
bankruptcy protection on December 11, 2009 (Bankr. D. Utah Case
No. 09-33830).  Rocky D. Crofts, Esq., at Law Office of Rocky D
Crofts, PC, assists the Company in its restructuring effort.  The
Company listed $10,000,001 to $50,000,000 in assets and
$10,000,001 to $50,000,000 in liabilities.


SMURFIT-STONE: Records $15,669,000 Net Income for November
----------------------------------------------------------
              Smurfit-Stone Container Corporation
                    Combined Balance Sheet
                    As of November 30, 2009

                             ASSETS

Current Assets:
Cash                                              $635,035,000
Restricted cash                                      8,697,000
Receivables                                        589,338,000
Receivables for alt. energy tax credits             57,633,000
Inventories                                        460,190,000
Prepaid expenses and others                         39,954,000
                                                ---------------
    Total current assets                          1,790,847,000

Net property                                      3,279,387,000
Timberlands, less depletion                           2,401,000
Deferred income taxes                                 8,602,000
Investments in and advances to non-Debtor            75,980,000
  affiliates
Other assets                                         66,902,000
                                                ---------------
Total assets                                     $5,224,119,000
                                                ===============

                 LIABILITIES & EQUITY (DEFICIT)

Liabilities Not Subject to Compromise:
Current liabilities:
  Current maturities of long-term debt           $1,357,333,000
  Accounts payable                                  351,953,000
  Accrued compensation and payroll taxes            144,283,000
  Interest payable                                   10,489,000
  Income taxes payable                                8,852,000
  Current deferred taxes                             21,052,000
  Other current liabilities                         129,231,000
                                                ---------------
     Total current liabilities                    2,023,193,000

Other long-term liabilities                         124,547,000
                                                ---------------
Total liabilities not subject to compromise       2,147,740,000

Liabilities subject to compromise                 4,350,279,000
                                                ---------------
Total liabilities                                 6,498,019,000

Total stockholders' equity (deficit)             (1,273,900,000)
                                                ---------------
Total liabilities & stockholders' equity         $5,224,119,000
                                                ===============

              Smurfit-Stone Container Corporation
                Combined Statement of Operations
             For the month ended November 30, 2009

Net sales                                          $433,498,000

Costs and expenses:
Cost of goods sold                                  401,353,000
Selling and administrative expenses                  48,471,000
Restructuring charges                                (1,127,000)
(Gain)loss on disposal of assets                         (9,000)
Other operating income                              (56,700,000)
                                                ---------------
Income from operations                               43,510,000

Other income (expense):
Interest expense, net                               (20,995,000)
DIP debt issuance costs                                       -
Loss on early extinguishment of debt                          -
Equity in gains (losses) of non-debtor affiliates      (221,000)
Foreign currency exchange losses                     (1,000,000)
Other, net                                            1,224,000
                                                ---------------
Income before reorganization items and taxes         22,517,000

Reorganization items:
  Professional fees                                  (4,000,000)
  Provision for executory contracts & leases         (4,100,000)
  Accounts payable settlement gains                   1,602,000
                                                ---------------
Reorganizational items, net                          (6,498,000)

Income before income taxes                           16,019,000
Provision for income taxes                             (350,000)
                                                ---------------
Net Income                                          $15,669,000
                                                ===============

              Smurfit-Stone Container Corporation
             Schedule of Receipts and Disbursements
             For the month ended November 30, 2009

Beginning cash balance                             $597,133,000

Cash receipts                                       525,685,000
Alternative energy tax credit                        59,878,000
                                                ---------------
Total receipts                                      585,563,000

Disbursements:
  Payroll & benefits                                (93,283,000)
  Professional fees                                  (6,183,000)
  Interest                                           (4,179,000)
  Capital expenditures                              (15,248,000)
  Repayment of debt                                 (43,595,000)
  Other disbursements                              (376,476,000)
                                                ---------------
Total disbursements                                (538,964,000)

Ending cash balance                                $643,732,000
                                                ===============

A full-text copy of the Debtors' November 2009 Operating Report
is available for free at:

           http://bankrupt.com/misc/SmurfNov09MOR.pdf

                        About Smurfit-Stone

Smurfit-Stone Container Corp. -- http://www.smurfit-stone.com/--
is one of the leading integrated manufacturers of paperboard and
paper-based packaging in North America and one of the world's
largest paper recyclers.  The Company operates 162 manufacturing
facilities that are primarily located in the United States and
Canada.  The Company also owns roughly one million acres of
timberland in Canada and operates wood harvesting facilities in
Canada and the United States.  The Company employs roughly 21,250
employees, 17,400 of which are based in the United States.  For
the quarterly period ended September 30, 2008, the Company
reported roughly $7.450 billion in total assets and $5.582 billion
in total liabilities on a consolidated basis.

Smurfit-Stone and its U.S. and Canadian subsidiaries filed for
Chapter 11 protection on January 26, 2009 (Bankr. D. Del. Lead
Case No. 09-10235).  Certain of the company's affiliates,
including Smurfit-Stone Container Canada Inc., a wholly owned
subsidiary of SSCE, and certain of its affiliates, filed to
reorganize under the Companies' Creditors Arrangement Act in the
Ontario Superior Court of Justice in Canada.

Smurfit-Stone joined pulp- and paper-related bankruptcies as
rising Internet use hurts magazines and newspapers.  Corporacion
Durango SAB, Mexico's largest papermaker, sought U.S. bankruptcy
in October.  Quebecor World Inc., a magazine printer and Pope &
Talbot Inc., a pulp-mill operator, also sought cross-border
bankruptcies for their operations in the U.S. and Canada.

James F. Conlan, Esq., Matthew A. Clemente, Esq., Dennis M.
Twomey, Esq., and Bojan Guzina, Esq., at Sidley Austin LLP, in
Chicago, Illinois; and Robert S. Brady, Esq., and Edmon L. Morton,
Esq., at Young Conaway Stargatt & Taylor in Wilmington, Delaware,
serve as the Debtors' bankruptcy counsel.  PricewaterhouseCooper
LLC, serves as the Debtors' financial and investment consultants.
Lazard Freres & Co. LLC acts as the Debtors' investment bankers.
Epiq Bankruptcy Solutions LLC acts as the Debtors' notice and
claims agent.

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


TARRAGON CORP: Posts $3,191,752 Net Loss in November
----------------------------------------------------
On January 11, 2010, Tarragon Corporation filed its monthly
operating report for the period November 1, 2009, through
November 30, 2009, with the United States Bankruptcy Court for
the District of New Jersey.

Tarragon Corporation reported a net loss of $3,191,752 for the
month ended November 30, 2009.

At November 30, 2009, Tarragon Corporation's balance sheet showed
$206,098,427 in total assets, $563,826,650 in total
liabilities, and $357,728,224 in stockholders' deficit.

Cash and cash equivalents were $1,815,977 at November 30, 2009.
Restricted cash was $259,000 at November 30, 2008.

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

      http://bankrupt.com/misc/tarragoncorp.novembermor.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.


TAYLOR-WHARTON: Posts $2,654,073 Net Loss in December
-----------------------------------------------------
Taylor-Wharton International LLC filed with the U.S. Bankruptcy
Court for the District of Delaware on January 19, 2010, a monthly
operating report for December 2009.

The Debtors reported a net loss of $2,654,073 on net revenue of
$14,012,938 for the month ended December 31, 2009.

At December 31, 2009, the Debtors had total assets of $224,089,608
and total liabilities of $249,456,075.

A copy of the Company's December operating report is available at
no charge at:

     http://bankrupt.com/misc/taylor-wharton.decembermor.pdf

Taylor-Wharton International, LLC, is the world's leading
technology, service and manufacturing network for gas applications
involving pressure vessels and precision valves.  Taylor-Wharton
International operates three complementary businesses from 16
manufacturing, sales, warehouse and service facilities in six
countries on four continents, and markets its products in over 80
countries worldwide.

The Company filed for Chapter 11 bankruptcy protection on
November 18, 2009 (Bankr. Delaware Case No. 09-14089).  The
Company listed $10,000,001 to $50,000,000 in assets and
$100,000,001 to $500,000,000 in liabilities.

These affiliates of the Company also filed separate Chapter 11
petitions: Alpha One, Inc.; American Welding & Tank, LLC; Beta
Two, Inc.; Delta Four, Inc.; Epsilon Five, Inc.; Gamma Three,
Inc.; Sherwood Valve, LLC; Taylor-Wharton Intermediate Holdings
LLC; Taylor-Wharton International LLC; TW Cryogenics LLC; TW
Cylinders LLC; TW Express LLC; and TWI-Holding LLC.


TRICOM SA: Ends November With $15,265,207 Cash
----------------------------------------------
Tricom S.A., et. al., filed with the U.S. Bankruptcy Court for the
Southern District of New York on January 8, 2010, a post-
confirmation monthly operating report for the month of November
2009.

Tricom, S.A., et al., ended the period with cash of $15,265,207:

     Cash Beginning          $14,173,730
     Income or Receipts      $15,790,313
     Total Disbursements     $14,698,836
     Cash End                $15,265,207

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

         http://bankrupt.com/misc/tricom.novembermor.pdf

                         About Tricom SA

Tricom, S.A., was incorporated in the Dominican Republic on
January 25, 1988, as a Sociedad Anonima.  Tricom is one of the
pre-eminent full service communications services providers in
the Dominican Republic.  Headquartered in Santo Domingo, Tricom
offers local, long distance, and mobile telephone services,
cable television and broadband data transmission and Internet
services, which are provided to more than 729,000 customers.

Tricom's wireless network covers about 90% of the Dominican
Republic's population.  Tricom's local service network is 100%
digital.  The Company also owns interests in undersea fiber-optic
cable networks that connect and transmit telecommunications
signals between Central America, the Caribbean, the United States
and Europe.

Tricom USA, Inc., a wholly owned subsidiary of Tricom, was
incorporated in Delaware in 1992, and at that time was known as
Domtel Communications.  A name change was effected in 1997 and
Domtel Communications formally became Tricom USA, Inc.  Tricom USA
originates, transports and terminates international long-distance
traffic using switching stations and other telecommunications
equipment located in New York and Florida.

Tricom S.A. and its U.S. affiliates filed for Chapter 11
protection on February 29, 2008 (Bankr. S.D.N.Y. Case No.
08-10720). The Debtors' legal advisors are Morrison & Foerster LLP
and their financial advisors are FTI Consulting, Inc. Kurtzman
Carson Consultants serves as claims and notice agent. An ad hoc
committee consisting of certain holders of Unsecured Financial
Claims is represented by Manatt, Phelps & Phillips LLP, as legal
advisors, and Chanin Capital Partners, as financial advisors. .
Affiliates of Tricom's largest shareholders are represented by
White & Case LLP, as legal advisors, and Broadspan Capital LLC, as
financial advisors.

When the Debtors' filed for protection from their creditors, they
listed total assets of US$327,600,000 and total debts of
US$764,600,000.


TRONOX INC: Has $59MM December Net Loss, Sales $48MM
-------------------------------------------------------
Bill Rochelle at Bloomberg News reports that Tronox Inc.
reported a $59.4 million net loss in December on net sales of
$48.3 million.  The gross margin for the month, $9.1 million,
was nearly all consumed by selling, general and administrative
expenses of $8.9 million.  November's interest expense and
reorganization items totaled more than $34 million.

                         About Tronox Inc.

Headquartered in Oklahoma City, Tronox Incorporated (Pink Sheets:
TRXAQ, TRXBQ) is the world's fourth-largest producer and marketer
of titanium dioxide pigment, with an annual production capacity of
535,000 tonnes.  Titanium dioxide pigment is an inorganic white
pigment used in paint, coatings, plastics, paper and many other
everyday products.  The Company's four pigment plants, which are
located in the United States, Australia and the Netherlands,
supply high-performance products to approximately 1,100 customers
in 100 countries.  In addition, Tronox produces electrolytic
products, including sodium chlorate, electrolytic manganese
dioxide, boron trichloride, elemental boron and lithium manganese
oxide.

Tronox has $1.6 billion in total assets, including $646.9 million
in current assets, as at September 30, 2008.  The Company has
$881.6 million in current debts and $355.9 million in total
noncurrent debts.

Tronox Inc., aka New-Co Chemical, Inc., and 14 other affiliates
filed for Chapter 11 protection on January 13, 2009 (Bankr.
S.D.N.Y. Case No. 09-10156).  The case is before Hon. Allan L.
Gropper. Richard M. Cieri, Esq., Jonathan S. Henes, Esq., and
Colin M. Adams, Esq., at Kirkland & Ellis LLP in New York,
represent the Debtors.  The Debtors also tapped Togut, Segal &
Segal LLP as conflicts counsel; Rothschild Inc. as investment
bankers; Alvarez & Marsal North America LLC, as restructuring
consultants; and Kurtzman Carson Consultants serves as notice and
claims agent.

An official committee of unsecured creditors and an official
committee of equity security holders have been appointed in the
cases.  The Creditors Committee has retained Paul, Weiss, Rifkind,
Wharton & Garrison LLP as counsel.

Until September 30, 2008, Tronox Inc. was publicly traded on the
New York Stock Exchange under the symbols TRX and TRX.B.  Since
then, Tronox Inc. has traded on the Over the Counter Bulletin
Board under the symbols TROX.A.PK and TROX.B.PK.  As of
December 31, 2008, Tronox Inc. had 19,107,367 outstanding shares
of class A common stock and 22,889,431 outstanding shares of class
B common stock.

Bankruptcy Creditors' Service, Inc., publishes Tronox Bankruptcy
News.  The newsletter tracks the Chapter 11 proceeding undertaken
by Tronox Inc. and its 14 affiliates.
(http://bankrupt.com/newsstand/or 215/945-7000)


WHITEHALL JEWELERS: Posts $591,000 Net Loss in November
-------------------------------------------------------
On January 4, 2010, Whitehall Jewelers Holdings, Inc., et al.,
filed their monthly operating report for the period November 1,
2009, to November 30, 2009.

The Debtor posted a net loss of $591,000 for the month of
November.

At November 30, 2009, the Debtor had total assets of $3,833,000
and total liabilities of $102,226,000, resulting in a
stockholders' deficit of $98,393,000.

A full-text copy of Whitehall Jewelers' November 2009 operating
report is available for free at:

    http://bankrupt.com/misc/whitehalljewelers.novembermor.pdf



Headquartered in Chicago, Illinois, Whitehall Jewelers Holdings,
Inc. -- http://www.whitehalljewellers.com/-- through its
subsidiary, Whitehall Jewelers, Inc., operates as a specialty
retailer of fine jewelry in the United States.  It offers a
selection of merchandise, including diamonds, gold, precious and
semi-precious jewelry, and watches.  As of June 23, 2008, it
operated 373 stores in regional and super-regional shopping malls
under the names Whitehall and Lundstrom.

The Company and Whitehall Jewelers, Inc., filed for Chapter 11
relief on June 23, 2008 (Bankr. D. Del. Lead Case No. 08-11261).
Scott Rutsky, Esq., Peter Antoszyk, Esq., Adam T. Berkowitz, Esq.,
and Jesse I. Redlener, Esq., at Proskauer Rose LLP, represent the
Debtors as bankruptcy counsel.  James E. O'Neill, Esq., and Laura
Davis Jones, Esq., at Pachulski, Stang Ziehl & Jones, LLP,
represent the Debtors as Delaware counsel.  Epiq Bankruptcy
Solutions LLC is the claims, noticing and balloting agent.

In its schedules, Whitehall Jewelers, Inc., listed total assets of
$246,571,775 and total debts of $173,694,918.


WORLDSPACE INC: Posts Net Loss of $10.7 Million in December
-----------------------------------------------------------
WorldSpace, Inc., et al., posted a consolidated net loss of
$10.7 million on revenue of $188,601 for the month of December.
The Debtors incurred $177,878 in professional fees during the
month.

At December 31, 2009, the Debtors had $671.1 million in total
assets, ($2.155) billion in total liabilities, and $1.484 billion
in net owner equity.

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

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

The Debtors posted a consolidated net loss of $3.6 million on
revenue of $537,351 for the month of November.  The Debtors
incurred $588,135 in professional fees during the month.

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

       http://bankrupt.com/misc/worldspace.novembermor.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
Nos. 08-12412 to 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.  Marites Claro, Joy Agravante, Rousel Elaine Tumanda, 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 2010.  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.

                  *** End of Transmission ***