TCR_Public/100708.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, July 8, 2010, Vol. 14, No. 187

                            Headlines


11477 WOODLAND: Case Summary & 8 Largest Unsecured Creditors
2006 PROSPER: Case Summary & Largest Unsecured Creditor
AAA NORTH: Case Summary & Largest Unsecured Creditor
ABBOTTS BRIDGE: Case Summary & 16 Largest Unsecured Creditors
ALL AMERICAN GROUP: Files 2009 Annual Report on Retirement Plan

AMARONE LP: Voluntary Chapter 11 Case Summary
AMELIA ISLAND: Bidders Have Until July 29 to Submit Offers
AMERICAN EQUITIES: Case Summary and 12 Largest Unsecured Creditors
ANDERSON HOMES: Says Plan Not Feasible; Case Converted to Ch. 7
ASARCO LLC: Plan Admin. Gets Extension for Claims Objections

ASARCO LLC: Seeks Approval of Harding Plaintiffs' Settlement
ASARCO LLC: To Begin CBA Negotiations With USW in January 2011
ASHLEY OAKS: Case Summary & 4 Largest Unsecured Creditors
ASPEN LEGACY: Downtown Aspen Wants Dismissal of Ch. 11 Case
AUNT MADGE: Case Summary & 20 Largest Unsecured Creditors

BEXAR COUNTY: Moody's Downgrades Ratings on Revenue Bonds to 'Ba3'
BLOCKBUSTER INC: New Directors Get Class A Shares as Retainer
BOUMANS & ASSOCIATES: Case Summary & 5 Largest Unsecured Creditors
BP PLC: Reviews US Gov't Request for Advance Notice of Asset Sales
CANAL CAPITAL: Timothy Daniel O'Donnell Holds 8.64% of Shares

CANYON FALLS: Case Summary & Largest Unsecured Creditor
CASINO REA: Taps Polis & Associates as General Insolvency Counsel
CHARLES COWIN: Chapter 11 Plan Due by September 16
CHEMTURA CORP: Proposes to Sell Two Businesses to Sonneborn
CHRYSLER LLC: To Set Up 200 Fiat Subcompact Outlets by Yearend

CITIGROUP INC: To Sell $1-Bil. in P/E Investments to Lexington
CKE RESTAURANTS: Expects Closing Date of Merger into Apollo
CORNELL COS: S&P Retains CreditWatch Positive on 'B+' Rating
CRISIS HILL: Voluntary Chapter 11 Case Summary
CRYSTAL SPRINGS: Can Use Lenox Cash Collateral Until August 31

CRYSTAL SPRINGS: Files Schedules of Assets and Liabilities
CRYSTAL SPRINGS: U.S. Trustee Unable to Form Creditors Panel
CSC DEVELOPMENT: Case Summary & 10 Largest Unsecured Creditors
DAIRY DOZEN: Voluntary Chapter 11 Case Summary
DENNIS GIBBS: Replaces Counsel With Lawrence L. Szabo

DENNIS GIBBS: U.S. Trustee Appointed in Reorganization Case
DIAZ DISTRIBUTORS: Voluntary Chapter 11 Case Summary
DISH NETWORK: Corp. Controller Paul Orban Sells 300 Shares
DOMTAR CORPORATION: Moody's Upgrades Corp. Family Rating to 'Ba1'
DUNHILL ENTITIES: Files Schedules of Assets and Liabilities

E2 REAL ESTATE: Voluntary Chapter 11 Case Summary
EASTON-BELL SPORTS: Exchange Offer for 9.75% Notes Ends July 26
ECO2 PLASTICS: Implements Reorganization Plan
EMMIS COMMUNICATIONS: Commences Preferred Stock Exchange Offer
EMMIS COMMUNICATIONS: CEO Smulyan Extends Tender Offer to Aug. 3

EMMIS COMMUNICATIONS: Alden Taps Smith Mgmt for Investment Advice
ESTATES AT LUNDAY LANE: Voluntary Chapter 11 Case Summary
FAIRFIELD RESIDENTIAL: Wins Approval of Reorganization Plan
FIDELITY NATIONAL: Fitch Assigns 'BB' Rating on $1.2 Bil. Notes
FIDELITY NATIONAL: Moody's Assigns 'Ba2' Rating on $1.2 Bil. Notes

FIRST MERCURY: Moody's Affirms 'Ba2' Long-Term Issuer Rating
FLYING J INC: Delaware Court Confirmed Plan of Reorganization
FOUNTAIN HOTEL: Case Summary & 14 Largest Unsecured Creditors
FOUNTAIN SQUARE: Files Schedules of Assets and Liabilities
GENERAL MOTORS: Has Deal to Sell Nexteer to Pacific Century Motors

GENERAL MOTORS: Spyker Completes $74 Million Saab Purchase
GENTIVA HEALTH: SEC Investigation Won't Affect Moody's Ratings
GEO GROUP: S&P Affirms Corporate Credit Rating at 'BB-'
GLEBE INC: Court Extends Filing of Schedules Until July 28
GLEBE INC: Gets Interim Okay to Use Cash Collateral

GLEBE INC: Section 341(a) Meeting Scheduled for August 3
GLEBE INC: Wants to Hire American Legal as Claims Agent
GLEBE INC: Wants to Hire LeClairRyan as Bankruptcy Counsel
GLEBE INC: Wants Protiviti as Financial Advisor
GLENN MANIGAULT: Section 341(a) Meeting Scheduled for August 4

GRANT LEARNED: Case Summary & 20 Largest Unsecured Creditors
HUTTON BROWN: Voluntary Chapter 11 Case Summary
HYON BAHK: Case Summary & 12 Largest Unsecured Creditors
IESI-BFC LTD: Waste Services Merger Cues Moody's to Affirm Ratings
JAMESTOWN LLC: U.S. Trustee Unable to Form Creditors Committee

JERRY SAXTON: Voluntary Chapter 11 Case Summary
JOHN KUHNI: Case Summary & 20 Largest Unsecured Creditors
K-V PHARMACEUTICAL: Elects New Member to Board of Directors
KALIKA BOWMAN: Case Summary & 20 Largest Unsecured Creditors
KMAC CONSTRUCTION: Voluntary Chapter 11 Case Summary

KSK PARK: Case Summary & 20 Largest Unsecured Creditors
LAVISTA PARTNERS: Case Summary & 20 Largest Unsecured Creditors
LEHMAN BROTHERS: Facing Objections to Reorganization Plan
LEHMAN BROTHERS: Hearing on More Exclusivity for Somerset Aug. 18
LEHMAN BROTHERS: July 14 Hearing on Rejection of Derivative Pacts

LEHMAN BROTHERS: Wins Approval for Gibson Dunn as Special Counsel
LINCOLNSHIRE CAMPUS: Proposes to Employ DLA Piper as Counsel
LINCOLNSHIRE CAMPUS: Wells Fargo Denies Precipitating Bankruptcy
LORNE KAUFMAN: Case Summary & 18 Largest Unsecured Creditors
LOVELAND INVESTMENTS: Case Summary & 3 Largest Unsecured Creditors

L.W. RANCH: Voluntary Chapter 11 Case Summary
MARCELINO RAMIREZ: Voluntary Chapter 11 Case Summary
MAYSVILLE INC: Section 341(a) Meeting Scheduled for August 9
MAYSVILLE INC: Taps Advantage Law as Bankruptcy Counsel
MCGINNIS LAND: Case Summary & Largest Unsecured Creditor

MEDICAL STAFFING: Low Demand on Nurses Prompted Ch. 11 Filing
MEDLOCK BRIDGE: Case Summary & 16 Largest Unsecured Creditors
MERUELO MADDUX: Moves Closer to Wining Cash-Sharing Bid
MIRA VISTA OAK: Voluntary Chapter 11 Case Summary
MIRA VISTA VILLAS: Voluntary Chapter 11 Case Summary

MOVIE GALLERY: Makes Technical Amendments to GA Agreement
MOVIE GALLERY: Wins Nod to Sell Inventory to VPD IV
MOVIE GALLERY: Wins Nod to Sell Video Games to COKeM
NAVISTAR INT'L: Director Clariond Gets 317.399 Phantom Stock Units
NAVISTAR INT'L: Files 2009 Annual Report on 401(k) Plan

NAVISTAR INT'L: Files 2009 Annual Report on Retirement Plan
NEENAH ENTERPRISES: Sees Chapter 11 Exit in Two Weeks
NORTHLAND INVESTMENT: Taps Mitchell & Associates as Counsel
NORTHLAND INVESTMENTS: U.S. Trustee Unable to Form Creditors Panel
OPUS WEST: Amends Suit Against Parent to Include More Claims

OPUS WEST: Ex-Workers Seek $32 Million in Unpaid Pensions
PENDLETON APARTMENTS: Case Summary & 18 Largest Unsec Creditors
PACIFIC ENERGY: Committee Reviewing Liquidating Plan
PAUL WALLACE: Wins Nod for DiConza Firm as Bankruptcy Counsel
PRECISION DRILLING: S&P Gives Positive Outlook, Keeps 'BB' Rating

REFRESQUERIA CUPEY: Voluntary Chapter 11 Case Summary
RIDGEWOOD CORP: Blames Economic Decline for Bankruptcy Filing
SAINT VINCENTS: Formally Authorized to Sell Staff House
SEDGEBROOK INC: Proposes to Hire McGuire as Counsel
SEDGEBROOK INC: Proposes to Hire Whiteford as Counsel

SEDGEBROOK INC: Wants to Keep Management Agreements
SEONG KIM: Case Summary & 20 Largest Unsecured Creditors
SEQUENOM INC: Registers 3.8-Mil. Shares Under 3 Employee Plans
SHILOH WORSHIP: Case Summary & 2 Largest Unsecured Creditors
SHP LLC: Case Summary & 11 Largest Unsecured Creditors

SIRIUS XM: Files 2009 Annual Report on 401(k) Savings Plan
SKILLED HEALTHCARE: Hit With $671 Million Jury Award
SMART CONSTRUCTION: Voluntary Chapter 11 Case Summary
SOCO SUITES: Case Summary & 6 Largest Unsecured Creditors
SOUTHEAST TELEPHONE: Lightyear Reaches Agreement to Acquire Assets

SOUTHWESTERN ENERGY: S&P Raises Corporate Credit Rating From 'BB+'
SPANISH VILLAGE: Voluntary Chapter 11 Case Summary
SPARKLEBERRY EB: Case Summary & Largest Unsecured Creditor
SYNTAX-BRILLIAN: Trust Seeks to Avoid $33.4MM in Digimedia Claims
TENET HEALTHCARE: 3 Directors Acquire Stock Units

TEXAS HILL: Apolinio Rocha Morales Added to Creditors Panel
TEXAS RANGERS: To Hold Auction on July 16
TIB FINANCIAL: Appeals to NASDAQ to Maintain Listing
TRADE SECRET: Files for Ch. 11, Plans $45MM Sale to Regis
TRIBUNE CO: Manchester Asks FCC to Disapprove Tribune Licenses

TRIBUNE CO: Proposes to Assume Agreements With Carsey-Werner
TRIBUNE CO: Wilmington Trust Seeks Temporary Allowance of Claims
TROPICANA ENT: Judge Carey Awards Feb-June 2009 Professional Fees
TROPICANA ENT: NJ Debtors Seek to Expand Services of JH Cohn
TROPICANA ENT: OpCo Submits Post-Confirmation Report for Q1 2010

UCHE KANU: Case Summary & 20 Largest Unsecured Creditors
UNISYS CORP: Files 2009 Annual Report on Savings Plan
UNO RESTAURANT: Court Approves Plan of Reorganization
US ENERGY: Files Amended Plan, Eyes End of Bankruptcy
US FIDELIS: Appointment of Ch. 11 Trustee Extended Until August 25

VISTEON CORP: Citadel Entities Stake Down to 0%
VISTEON CORP: Claim Transfers for June Aggregate $127,000
VISTEON CORP: Proposes to Expand PwC Work as Independent Auditors
WALLA WALLA: Case Summary & 13 Largest Unsecured Creditors
WASHINGTON MUTUAL: Brown Rudnick Is Atty. to Trust Preferreds

WASHINGTON MUTUAL: Gibson Dunn Represents Underwriters
WASHINGTON MUTUAL: Shareholders Renews Demand for Probe
WESTERN REFINING: S&P Downgrades Senior Debt Rating to 'B'
WOODBRIDGE INVESTMENT: Case Summary & 20 Largest Unsec. Creditors
WORLD COLOR: S&P Raises Corporate Credit Rating to 'BB'

YRC WORLDWIDE: Faces $20-Mil. Bond Payment in August
ZALE CORP: Files 2009 Annual Report for Savings & Investment Plan
ZALE CORP: Shareholders to Review Golden Gate Deal on July 23

* CMS Camerons' Robert Hickmott to Join Quinn Emanuel
* Chadbourne & Parke to Launch Brazil Office; Hires Finance Team
* McKool Smith Adds Three Bankruptcy Attorneys in Houston

* Chapter 11 Cases with Assets & Liabilities Below $1,000,000


                            ********


11477 WOODLAND: Case Summary & 8 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: 11477 Woodland Springs Drive LLC
        P.O. Box 54850
        Hurst, TX 76054

Bankruptcy Case No.: 10-44489

Chapter 11 Petition Date: July 5, 2010

Court: U.S. Bankruptcy Court
       Northern District of Texas (Ft. Worth)

Judge: D. Michael Lynn

Debtor's Counsel: Eric A. Liepins, Esq.
                  Eric A. Liepins, P.C.
                  12770 Coit Road, Suite 1100
                  Dallas, TX 75251
                  Tel: (972) 991-5591
                  E-mail: eric@ealpc.com

Estimated Assets: 1,000,001 to $10,000,000

Estimated Debts: 1,000,001 to $10,000,000

According to the schedules, the Company says that assets total
$1,501,000 while debts total $1,902,480.

A copy of the Company's list of 8 largest unsecured
creditors filed together with the petition is available for
free at http://bankrupt.com/misc/txnb10-44489.pdf

The petition was signed by Michael Zanchi, managing member.


2006 PROSPER: Case Summary & Largest Unsecured Creditor
-------------------------------------------------------
Debtor: 2006 Prosper Partners, L.P.
        13455 Noel Road, Suite 800
        Dallas, TX 75240

Bankruptcy Case No.: 10-34652

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Northern District of Texas (Dallas)

Judge: Barbara J. Houser

Debtor's Counsel: Michael D. Warner, Esq.
                  Cole Schotz Meisel Forman & Leonard PA
                  1700 City Center Tower II
                  301 Commerce St.
                  Fort Worth, TX 76102
                  Tel: (817) 810-5250
                  Fax: (817) 810-5255
                  E-mail: klabrada@coleschotz.com

Estimated Assets: $10,000,001 to $50,000,000

Estimated Debts: $10,000,001 to $50,000,000

The petition was signed by Scott Ellington, manager of 2006
Prosper Partners GP, as general partner of Debtor.

In its list of 20 largest unsecured creditors, the Company placed
only one entry:

Entity                   Nature of Claim        Claim Amount
------                   ---------------        ------------
Land Advisors, Ltd.       Professional           $35,000
4205 Kellway Circle
Addison, TX 75001


AAA NORTH: Case Summary & Largest Unsecured Creditor
----------------------------------------------------
Debtor: AAA North Houston Associates I, LLC
        31805 Temecula Pkwy, #114
        Temecula, CA 92592

Bankruptcy Case No.: 10-35650

Chapter 11 Petition Date: July 5, 2010

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Judge: Karen K. Brown

Debtor's Counsel: Barbara Mincey Rogers, Esq.
                  Rogers & Anderson, PLLC
                  1415 North Loop West
                  Ste 1020
                  Houston, TX 77008
                  Tel: (713) 868-4411
                  Fax: (713) 868-4413
                  E-mail: barbaramrogers@swbell.net

Scheduled Assets: $1,044,287

Scheduled Debts: $860,350

In its list of 20 largest unsecured creditors, the Company placed
only one entry:

Entity                   Nature of Claim        Claim Amount
------                   ---------------        ------------
Guardian Solutions        Goods and services     $9,350
601 Cleveland St. #500
Clearwater, FL 33755

The petition was signed by Richard Johns, manager.


ABBOTTS BRIDGE: Case Summary & 16 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Abbotts Bridge Land Partners LLC
          aka The Residences at Johns Creek Walk
        3378 Peachtree Road
        Atlanta, GA 30326

Bankruptcy Case No.: 10-79529

Chapter 11 Petition Date: July 3, 2010

Court: U.S. Bankruptcy Court
       Northern District of Georgia (Atlanta)

Debtor's Counsel: Michael D. Robl, Esq.
                  Thomerson, Spears & Robl, LLC
                  104 Cambridge Avenue
                  Decatur, GA 30030
                  Tel: (404) 373-5153
                  E-mail: mdrobl@tsrlaw.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

According to the schedules, the Company says that assets total
$6,183,750 while debts total $8,076,124.

A copy of the Company's list of 16 largest unsecured
creditors filed together with the petition is available for
free at http://bankrupt.com/misc/ganb10-79529.pdf

The petition was signed by Richard Aaronson, manager.


ALL AMERICAN GROUP: Files 2009 Annual Report on Retirement Plan
---------------------------------------------------------------
All American Group Inc., formerly Coachmen Industries, Inc., filed
with the Securities and Exchange Commission an annual report on
Form 11-K for its All American Group, Inc. Retirement Plan and
Trust (formerly Coachmen Industries, Inc. Retirement Plan and
Trust) for the year ended December 31, 2009.

At December 31, 2009, net assets available for benefits under the
plan total $15,460,167.

A full-text copy of the Form 11-K report is available at no charge
at http://ResearchArchives.com/t/s?6604

                     About All American Group

Elkhart, Indiana-based All American Group, Inc., formerly Coachmen
Industries, Inc., (OTC:COHM.PK) is one of America's premier
systems-built construction companies under the ALL AMERICAN
BUILDING SYSTEMS(R), ALL AMERICAN HOMES(R), and MOD-U-KRAF(R)
brands, as well as a manufacturer of specialty vehicles.

At March 31, 2010, the Company had total assets of $86.574 million
against total liabilities of $45.832 million, resulting in
shareholders' equity of $40.742 million.

                        *     *     *

McGladrey & Pullen LLP in Elkhart, Indiana, said in its March 29,
2010 report that Coachmen Industries has suffered recurring losses
from operations and continues to operate in an industry where
economic recovery has been very slow.   This raises substantial
doubt about the Company's ability to continue as a going concern.


AMARONE LP: Voluntary Chapter 11 Case Summary
---------------------------------------------
Debtor: Amarone LP
        1913 Justin Road
        Suite 113
        Flower Mound, TX 75028

Bankruptcy Case No.: 10-34764

Chapter 11 Petition Date: July 5, 2010

Court: United States Bankruptcy Court
       Northern District of Texas (Dallas)

Judge: Stacey G. Jernigan

Debtor's Counsel: Howard Marc Spector, Esq.
                  Spector & Johnson, PLLC
                  12770 Coit Road
                  Banner Place, Suite 1100
                  Dallas, TX 75251
                  Tel: (214) 365-5377
                  Fax: (214) 237-3380
                  E-mail: hspector@spectorjohnson.com

Estimated Assets: $10,000,001 to $50,000,000

Estimated Debts: $1,000,001 to $10,000,000

The petition was signed by Mitch Vexler, president of the general
partner.

The Debtor did not file its list of largest unsecured creditors
when it filed its petition.

Debtor-affiliates that filed separate Chapter 11 petitions:

                                                 Petition
   Debtor                              Case No.     Date
   ------                              --------     ----
Chase Oaks Village LP                  09-41047    04/06/09
Twenty One High, LP                    10-30667    01/29/10


AMELIA ISLAND: Bidders Have Until July 29 to Submit Offers
----------------------------------------------------------
Mark Basch at The Florida Times-Union reports that interested
buyers have until July 29, 2010, to submit their offers for the
assets of Amelia Island Plantation.  Parties must top the offer by
Noble Investment Group, which has already made a $45.9 million bid
for the Company's assets.

Amelia Island Plantation owns a 1,350-acre resort on Amelia
Island in Florida.  The resort has 249 rooms and three
golf courses.  The property owes $28.4 million on a first mortgage
held by an affiliate of Prudential Retirement Insurance & Annuity
Co.  The collateral is said by the resort to be worth $46 million.

The Company filed for Chapter 11 on Nov. 13, 2009 (Bankr. M.D.
Fla. Case No. 09-09601). The petition says assets and debt both
exceed $50 million.


AMERICAN EQUITIES: Case Summary and 12 Largest Unsecured Creditors
------------------------------------------------------------------
Debtor: American Equities Management LLC
        P.O. Box 94210
        Southlake, TX 76092
        Tel: (214) 793-1629

Bankruptcy Case No.: 10-44417

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Northern District of Texas (Ft. Worth)

Judge: D. Michael Lynn

Debtor's Counsel: Sidney Ravkind, Esq.
                  Loya & Associates, P.C.
                  12500 Melville Dr.
                  Montgomery, TX 77356
                  Tel: (936) 448-4585

Estimated Assets: $0 to $50,000

Estimated Debts: $1,000,001 to $10,000,000

The petition was signed by Jerry Dean Saxton, managing agent.

Debtor's List of 12 Largest Unsecured Creditors:

Entity                   Nature of Claim        Claim Amount
------                   ---------------        ------------
James Magleby             Shyster litigation     $2,000,000
170 South Main St.
#850
Salt Lake, Utah 84101

Mike Macris               Plaintiff in shyster   $1,500,000
c/o James Magleby         litigation
170 South Main St. #850
Salt Lake, UT 84101

Rainier Southlake Leasco  landlord to AEM        $288,000
13760 Noel Road #800      4 yrs left on lease
Dallas, TX 75240

Vincent, Lopez, Serafina  defense legal fees     $185,000
& Jenevein P.C.
Thanksgiving Tower
1601 Elm Street #4100
Dallas, TX 75201

Jared Bramwell            defense counsel        $150,000
                          continuing fees

Cottonwood                landscape              $50,000
Landscapes, LLC           construction

Robert Wood               defense legal fees     $50,000

CitiBank                  credit card            $49,000

Sean Egan                 defense legal fees     $40,000

Hunt & Jeppson            final legal fee from   $15,000
                          disputed settlement

Lender Support            AEM loan management    $3,300
Systems, Inc.             annual support

Teresa Lathem             Accounting consulting  $960

Debtor-affiliate that filed separate Chapter 11 petition:

                                                 Petition
   Debtor                              Case No.     Date
   ------                              --------     ----
Jerry Dean Saxton & Katie E.Saxton     10-44412    7/2/10
  Assets: $500,001 to $1,000,000
  Debts: $1,000,001 to $10,000,000


ANDERSON HOMES: Says Plan Not Feasible; Case Converted to Ch. 7
---------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of North
Carolina converted Anderson Homes, Inc. and its units' Chapter 11
cases to those under the Chapter 7 of the Bankruptcy Code.

As reported in the Troubled Company Reporter on June 29, 2010,
David Bracken, staff writer at New Observer, reported that
Anderson Homes' bankruptcy case was converted after failing to
successfully emerge from bankruptcy.  The Company will be sold to
pay off creditors.

The Debtors related that their Chapter 11 Plan provided for
certain properties to be retained, and for their excess lot
inventory and other properties to be liquidated in a expeditious
fashion.  Sales have been below the level needed for continued
operations, and they concluded that the Plan is not feasible.

                    About Anderson Homes, Inc.

Headquartered in Raleigh, North Carolina, Anderson Homes, Inc.,
engaged in the development, construction and sale of residential
properties in the form of single-family homes, townhomes and
condominiums.  It owns, constructs improvements on, and sells (i)
single-family houses and townhomes in subdivisions known and
referred to as Edgewater, Bridgewater, Bridgewater West,
Cobblestone, Haw Village, Ridgefield, Amberlynn Valley, Cane
Creek, Muirfield Village, Pine Valley, Quail Meadows, Thornton
Commons Place, Willow Ridge, Creekside at Landon Farms, Keystone
Crossing, Sterling Ridge, Jeffries Creek, Briar Chapel, and Villas
at Forest Hills, and (ii) condominiums known as Blount Street
Commons.

Anderson Homes and its units filed for Chapter 11 on March 16,
2009 (Bankr. E.D. N.C. Lead Case No. 09-02062).  Gerald A.
Jeutter, Jr., Esq., and John A. Northen, Esq., at Northen Blue,
LLP, represent the Debtors in their restructuring effort.  At the
time of the filing, Anderson Homes said it had total assets of
$17,190,001 and total debts of $13,742,840.


ASARCO LLC: Plan Admin. Gets Extension for Claims Objections
------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Texas
extended through August 10, 2010, the deadline for ASARCO LLC and
the Plan Administrator to object to claims pursuant to Section
14.2 of the Confirmed Plan of Reorganization and Rule
9006(b)(1)(1) of the Federal Rules of Bankruptcy Procedure,
except for two proofs of claim asserted by the United States of
America.

Judge Schmidt extended through July 9, 2010, the deadline to
object to the Government's environmental claims.

The Government previously objected to the sought extension of the
claim objection deadline, asserting that it has two remaining
environmental claims against the Debtors: (1) Claim No. 18284 for
response costs and natural resource damages at the Blue Ledge
Mine in Siskiyou County, California, and (2) a claim for response
costs at the Kelly Camp Mine in Ferry County, Washington.  Both
are late-filed claims, falling under Class 6 of Reorganized
ASARCO's Confirmed Plan, and are entitled to payment in full with
postpetition interest once allowed.

Judge Schmidt noted that the Government's objection is resolved
as set forth in his ruling on the Claims Objection Deadline.

Judge Schmidt maintained that nothing in the Court order
prejudices (i) the Plan Administrator's and ASARCO's right to
contest the Kelly Camp Claim and the Blue Ledge Claim on any
applicable grounds, including timeliness; and (ii) the
Government's right to contend that the Plan Administrator's and
ASARCO's right to contest the Claims on certain applicable
grounds, including timeliness, has been waived.

The Court's most recent order is without prejudice to the right
of either the Plan Administrator or ASARCO to seek further
extensions of the Claims Objection Deadline.

                          About Asarco LLC

Based in Tucson, Arizona, ASARCO LLC -- http://www.asarco.com/--
is an integrated copper mining, smelting and refining company.
Grupo Mexico S.A. de C.V. is ASARCO's ultimate parent.

ASARCO LLC filed for Chapter 11 protection on August 9, 2005
(Bankr. S.D. Tex. Case No. 05-21207).  Attorneys at Baker Botts
L.L.P., and Jordan, Hyden, Womble & Culbreth, P.C., represented
the Debtor in its restructuring efforts.

On December 9, 2009, Grupo Mexico, S.A.B. consummated the Chapter
11 plan that it sponsored for Asarco LLC.  The Plan, which was
confirmed both by the bankruptcy and district courts, reintegrated
Asarco LLC back to parent Grupo Mexico concluding the four-year
Chapter 11 proceeding.

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


ASARCO LLC: Seeks Approval of Harding Plaintiffs' Settlement
------------------------------------------------------------
Reorganized ASARCO LLC asked the U.S. Bankruptcy Court for the
Southern District of Texas to approve its settlement agreement
with a group of plaintiffs in the action known as Gary David
Harding, et al. vs. Browning-Ferris Industries, Inc. et al.,
pending in the District Court of Duval County, Texas, 229th
Judicial District, in which ASARCO, Encycle Inc. and
Encycle/Texas Inc. were named as defendants.

The ASARCO Defendants and the Harding Plaintiffs entered into a
Compromise, Settlement and Release Agreement on September 23,
1995, for the settlement of all claims under the Browning-Ferris
Action.  The Duval Court approved the 1995 Settlement by issuing
an Agreed Final Order on October 12, 1995.  The 1995 Settlement
provided, in part, for the payment by the ASARCO Defendants to
the Harding Plaintiffs of a portion of any funds recovered in the
future by ASARCO in environmental insurance coverage actions
against certain insurance companies.

The Harding Plaintiffs filed a second action on May 9, 2005,
captioned Gary David Harding, et al. vs. ASARCO, Asarco Inc.,
Encycle/Texas Inc. and Encycle Inc. and ASARCO LLC in the Duval
Court relating to the contingent provision in the 1995
Settlement.

The Harding Plaintiffs have filed three proofs of claim in the
Debtors' bankruptcy cases, based on allegations contained in the
Lawsuits: Claim Nos. 3202, 4552 and 18670.  Counsel to the
Plaintiffs, Hilliard Munoz Guerra L.L.P, filed two other claims,
Claim Nos. 3203 and 18671, asserting payment for attorneys' fees
as provided for in the 1995 Settlement.

By this motion, ASARCO asks Judge Schmidt to approve its
Settlement Agreement with the Harding Plaintiffs to resolve the
five proofs of claim.  The key terms of the Settlement Agreement
are:

  -- The Parties will obtain approval of the Settlement
     Agreement and an agreed final judgment for the dismissal of
     the Second Lawsuit in the Duval Court; and

  -- ASARCO agrees to pay $1,750,000 to the Harding Plaintiffs
     in full and final settlement of all of its obligations
     with respect to the Lawsuits and the 1995 Settlement.

Charles A. Beckham, Jr., Esq., at Haynes and Boone, LLP, in
Houston, Texas, tells the Court that the cost of defending any
litigation relating to the Second Lawsuit in addition to the
amount that ASARCO is found to owe the Harding Plaintiffs under
the 1995 Settlement could exceed the settlement amount.  Hence,
he points out, avoiding litigation could result in savings to the
bankruptcy estates.

The Court subsequently approved the parties' Settlement Agreement
following an expedited hearing.

                          About Asarco LLC

Based in Tucson, Arizona, ASARCO LLC -- http://www.asarco.com/--
is an integrated copper mining, smelting and refining company.
Grupo Mexico S.A. de C.V. is ASARCO's ultimate parent.

ASARCO LLC filed for Chapter 11 protection on August 9, 2005
(Bankr. S.D. Tex. Case No. 05-21207).  Attorneys at Baker Botts
L.L.P., and Jordan, Hyden, Womble & Culbreth, P.C., represented
the Debtor in its restructuring efforts.

On December 9, 2009, Grupo Mexico, S.A.B. consummated the Chapter
11 plan that it sponsored for Asarco LLC.  The Plan, which was
confirmed both by the bankruptcy and district courts, reintegrated
Asarco LLC back to parent Grupo Mexico concluding the four-year
Chapter 11 proceeding.

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


ASARCO LLC: To Begin CBA Negotiations With USW in January 2011
--------------------------------------------------------------
Asarco Incorporated and Americas Mining Corporation advised the
U.S. District Court for the Southern District of Texas and
parties-in-interest that Reorganized ASARCO LLC and the United
Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied
Industrial and Service Workers International Union AFL-CIO have
conferred and mutually agreed that they will meet, beginning
January 19 or 20, 2011, to preview the bargaining process of a
new collective bargaining agreement, discuss the state of the
business, and review other matters of mutual interest

The Parties aim to work out a full schedule for bargaining after
the anticipated January 19 or 20 initial meeting.

Manuel Ramos, president of Reorganized ASARCO, and Robert
LaVenture, director of District 12 USW, represent the CBA Parties
in the meeting to issue the advisory and to set the commencement
of the bargaining negotiations.  The Parties have concluded that
the scheduled January 2011 meeting is the best initial step to
work towards achieving a constructive bargaining relationship and
reaching a successor collective bargaining agreement.

"The Parties are prepared and expect to maintain ongoing dialogue
concerning matters of mutual interest and concern, which will
help focus what will be addressed in negotiations," Charles A.
Beckham, Jr., Esq., at Haynes and Boone, LLP, in Houston, Texas,
tells the District Court, on behalf of the Parent.

District Court Judge Andrew S. Hanen earlier directed ASARCO and
the USW to set before June 30, 2010, a time and date for the
initiation of negotiations of a post-June 30, 2011 labor
agreement and to apprise the Court of its status.  Judge Hanen
also acknowledged the notice of extension of the collective
bargaining agreement between ASARCO and various unions through
June 30, 2011.

                          About Asarco LLC

Based in Tucson, Arizona, ASARCO LLC -- http://www.asarco.com/--
is an integrated copper mining, smelting and refining company.
Grupo Mexico S.A. de C.V. is ASARCO's ultimate parent.

ASARCO LLC filed for Chapter 11 protection on August 9, 2005
(Bankr. S.D. Tex. Case No. 05-21207).  Attorneys at Baker Botts
L.L.P., and Jordan, Hyden, Womble & Culbreth, P.C., represented
the Debtor in its restructuring efforts.

On December 9, 2009, Grupo Mexico, S.A.B. consummated the Chapter
11 plan that it sponsored for Asarco LLC.  The Plan, which was
confirmed both by the bankruptcy and district courts, reintegrated
Asarco LLC back to parent Grupo Mexico concluding the four-year
Chapter 11 proceeding.

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


ASHLEY OAKS: Case Summary & 4 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: Ashley Oaks Development Corporation
        dba Ashley Oaks Development, Inc.
        P.O. Box 533
        Blythewood, SC 29016

Bankruptcy Case No.: 10-04801

Chapter 11 Petition Date: July 5, 2010

Court: United States Bankruptcy Court
       District of South Carolina (Columbia)

Judge: John E. Waites

Debtor's Counsel: Reid B. Smith, Esq.
                  Price Bird Smith & Boulware PA
                  1712 St Julian Place, Suite 102
                  Columbia, SC 29204
                  Tel: (803) 779-2255
                  E-mail: reid@pricebirdlaw.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

A list of the Company's 4 largest unsecured creditors filed
together with the petition is available for free at
http://bankrupt.com/misc/scb10-04801.pdf

The petition was signed by Michael D. Shelley, president.


ASPEN LEGACY: Downtown Aspen Wants Dismissal of Ch. 11 Case
-----------------------------------------------------------
Rick Carroll at Post Independent of Glenwood Springs reports that
Downtown Aspen Investments LLC asked a federal bankruptcy court to
dismiss the Chapter 11 bankruptcy case of Aspen Legacy Holdings
LLC on grounds that the case was filed in bad faith.

The report relates that Downtown Aspen also claims the bankruptcy
is not legitimate because it dismissed Edward Dingilian from his
role as manager of Aspen Legacy before the bankruptcy filing was
made.  Mr. Dingilian had no authority to file the Chapter 11
petition, according to Downton Aspen.

Aspen Legacy's Chapter 11 petition was signed by Mr. Dingilian, as
manager.

Basalt, Colorado-based Aspen Legacy Holdings, LLC, filed for
Chapter 11 bankruptcy protection on June 23, 2010 (Bankr. D. Colo.
Case No. 10-25617).  Shaun A. Christensen, Esq., who has an office
in Denver, Colorado, represents the Company in its restructuring
effort.  The Company estimated its assets and debts at $10,000,001
to $50,000,000.


AUNT MADGE: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: Aunt Madge, Inc.
        206 N. Nicolet
        Mackinaw City, MI 49701

Bankruptcy Case No.: 10-22651

Chapter 11 Petition Date: July 5, 2010

Court: U.S. Bankruptcy Court
       Eastern District of Michigan (Bay City)

Judge: Daniel S. Opperman

Debtor's Counsel: Susan M. Cook, Esq.
                  309 Davidson Building
                  P.O. Box 835
                  Bay City, MI 48707-0835
                  Tel: (989) 893-3518
                  E-mail: smcook@lambertleser.com

Estimated Assets: $100,001 to $500,000

Estimated Debts: $1,000,001 to $10,000,000

A copy of the Company's list of 20 largest unsecured
creditors filed together with the petition is available for
free at http://bankrupt.com/misc/mieb10-22651.pdf

The petition was signed by Gerald L. Loveland, Jr., president.


BEXAR COUNTY: Moody's Downgrades Ratings on Revenue Bonds to 'Ba3'
------------------------------------------------------------------
Moody's Investors Service has downgraded to Ba3 from Ba2 rating on
Bexar County Housing Finance Corporation Multifamily Revenue
Refunding Bonds (American Opportunity for Housing - Cinnamon Creek
Apartments) 2002 A and downgraded the rating on 2002 B to B2 from
B1.  The rating downgrades reflect a very thin coverage for both
series.  The outlook remains negative due to continued weak
occupancy in 2009 and steadily decreasing debt service coverage.

The 278 unit garden style complex was built in 1974 and is
composed of 58, one and two-story buildings located approximately
twelve miles northwest of downtown San Antonio.  The property is
located near major employer such as South Texas Medical Center,
University of Texas at San Antonio and USAA World Headquarters.

                       Recent Developments

Occupancy at the project in 2009 increased to was weak at 90.74%
(monthly average), which is below the 92.8% average in the
Northwest San Antonio submarket as reported by Torto Wheaton
Research.  TWR forecasts submarket occupancy will remain at or
near 91.4% in 2010 and that rents will decline by an average of
1.5%.

Debt service coverage ratios for 2009 were very weak at 1.0018x
for 2002A and 0.89x for 2002B.  The Ba3 and B2 rating on the 2002A
and 2002B bonds, respectively, reflect an extremely thin debt
service coverage cushion.

                             Outlook

The outlook on the bonds remains negative.  This reflects
project's minimal financial cushion and Torto Wheaton market
research that indicates weak growth in the submarket.


BLOCKBUSTER INC: New Directors Get Class A Shares as Retainer
-------------------------------------------------------------
Seven directors at Blockbuster Inc. disclosed to the Securities
and Exchange Commission on Tuesday their acquisition on July 1,
2010, of Blockbuster's Class A common stock.

Strauss Zelnick acquired 135,869 Class A shares, upping his stake
to 296,381 shares.  He directly holds those shares.

Gregory S. Meyer acquired 141,081 Class A shares, increasing his
stake to 761,081 shares. He directly holds those shares.

Jules Haimovitz got 270,622 Class A shares, increasing his stake
to 586,102 shares. He directly holds those shares.

Joseph Jay Fitzsimmons acquired 141,081 Class A shares.  He
directly holds those shares.

Gary J. Fernandes got 630,270 Class A shares, increasing his stake
to 1,010,831 shares. He directly holds those shares.

Kathleen Dore acquired 141,081 Class A shares.  She directly holds
those shares.

Edward Bleier acquired 135,869 Class A shares, increasing his
stake to 296,381 shares. He directly holds those shares.

Shares were issued by Blockbuster to the directors in payment of
non-employee director retainer fees in an exempt transaction.
These are restricted share units that are immediately vested upon
grant, but are not settleable until the date of a director's
termination of service.  As to Mr. Fernandes, the restricted share
units are not settleable until the later of January 1, 2012, or
the date of Mr. Fernandes' termination of service.

As reported by the Troubled Company Reporter on July 2, 2010,
Blockbuster entered into a Forbearance Agreement with certain of
its senior secured noteholders that provides the Company with
additional time and flexibility as it continues to engage in
productive discussions with certain of these noteholders and
strategic parties regarding various recapitalization
opportunities.

Blockbuster's Forbearance Agreement is with noteholders who have,
collectively, represented that they hold approximately 70% of the
Company's 11.75% senior secured notes due 2014.  The noteholders
executing it have agreed, through August 13, 2010, from exercising
certain rights and remedies they may have under the indenture and
related collateral documents arising from the failure by
Blockbuster to make the payments owing by it under the senior
secured notes on July 1, 2010.  Blockbuster has determined that
it will not make the payments due on the senior secured notes on
July 1, 2010, constituting a $23.9 million amortization payment
(inclusive of a 6.0% redemption premium) and an $18.5 million
interest payment.  By taking this action, Blockbuster will
preserve $42.4 million in incremental liquidity.

                     About Blockbuster Inc.

Blockbuster Inc. is a global provider of rental and retail movie
and game entertainment.  It has a library of more than 125,000
movie and game titles.  The company may be accessed worldwide at
http://www.blockbuster.com/

Blockbuster's quarterly report on Form 10-Q showed a net loss of
$65.4 million on $939.4 million of revenue for the 13 weeks ended
April 4, 2010, compared with net income of $27.7 million on $1.086
billion of revenue for the 13 weeks ended April 5, 2009.

The Company's balance sheet as of April 4, 2010, showed
$1.319 billion in assets and $1.693 billion of liabilities, for a
stockholders' deficit of $374.2 million.

PricewaterhouseCoopers LLP, in Dallas, expressed substantial doubt
about the Company's ability to continue as a going concern
following Blockbuster's 2009 results.


BOUMANS & ASSOCIATES: Case Summary & 5 Largest Unsecured Creditors
------------------------------------------------------------------
Debtor: Boumans & Associates, Inc.
        3911 N. Twin Hwy.
        Nederland, TX 77627

Bankruptcy Case No.: 10-10402

Chapter 11 Petition Date: July 1, 2010

Court: United States Bankruptcy Court
       Eastern District of Texas (Beaumont)

Debtor's Counsel: J. Craig Cowgill, Esq.
                  J. Craig Cowgill & Associates, P.C.
                  8100 Washington Avenue, Suite 120
                  Houston, TX 77007
                  Tel: (713) 956-0254
                  Fax: (713) 956-6284
                  E-mail: jccowgill@cowgillholmes.com

Estimated Assets: $0 to $50,000

Estimated Debts: $1,000,001 to $10,000,000

A list of the Company's 5 largest unsecured creditors
filed together with the petition is available for free
at http://bankrupt.com/misc/txeb10-10402.pdf

The petition was signed by Arthur T. Boumans, president.


BP PLC: Reviews US Gov't Request for Advance Notice of Asset Sales
------------------------------------------------------------------
The Wall Street Journal's Guy Chazan reports that U.S. Assistant
Attorney General Tony West wrote to BP plc General Counsel Rupert
Bondy on June 23 requesting that BP provide:

     -- at least 30 days' notice of any actions that might involve
        "substantial transfers of cash or other corporate assets
        outside of the ordinary course of business," including any
        significant acquisitions, mergers or joint ventures, or
        corporate restructurings; asset sales or divestments;
        distributions to shareholders; and severance packages for
        officers and directors; and

     -- monthly financial statements, copies of credit and loan
        agreements with banks and investors, and analyst reports
        on BP's financial position issued by investment banks.

According to the Journal, a person familiar with BP's thinking
said the Company plans to push back against that request.

The Journal also relates a BP spokesman denied reports in the
British press that the company had agreed to Mr. West's request.
"We have received the letter and will reply in due course," said
Andrew Gowers.

The Journal says the person with knowledge of BP's thinking said
BP would examine how to address the Department of Justice's
concerns "without having to give advance notice of market-
sensitive information and transactions."  That source, according
to the Journal, described the request as "peculiar" and "probably
not legally enforceable," and said BP had agreed to set aside $20
billion in U.S. assets as a guarantee that it would make good on
the promised $20 billion in cash for the escrow account.

The Journal says Richard Nagareda, a professor of law at
Vanderbilt University, in Nashville, Tenn., agreed that the DOJ
letter was "highly unusual."  He said it reflected the unusual
nature of the escrow account, which BP agreed to set up under
pressure from the federal government.

The Journal also relates other experts said it was not
unprecedented for federal authorities to request such information
about a company's activities.  Such requests normally have been
made in the case of companies that were debtors to the government
and at risk of a bankruptcy filing or liquidity crunch.

According to the Troubled Company Reporter on July 7, 2010, James
Herron at Dow Jones Newswires said BP dismissed speculation that
it was looking for a white-knight investor to take a large stake
in the company, saying it won't issue new equity to raise money to
cover the costs of the Gulf of Mexico oil-well disaster.  Dow
Jones reported that a BP spokeswoman said Tuesday that the company
would welcome any existing shareholders or new investors who want
to buy already-listed shares, but no new shares will be offered.

Terry Macalister, writing for Guardian News in the U.K., reported
on Sunday that BP is holding talks with the Kuwait Investment
Office about taking a much larger stake of the oil company in an
effort to ward off a takeover by a foreign rival, as well as
raising additional funds.  Guardian said the Middle East sovereign
wealth fund is a significant shareholder, with a 1.75% stake, but
BP would like it to increase its share, perhaps to as much as 10%.

Guardian sasid a big strategic investor would make it harder for a
rival such as ExxonMobil or China National Offshore Oil Company to
win control of BP through a hostile bid.  A number of potential
bidders are rumored to be circling BP to take advantage of its
weakened state.

Last week, Mark Kleinman, writing for Sky News, said BP has kicked
off talks with China National Offshore Oil Corporation, about
selling part or all of its $9 billion stake in Argentine oil
producer Pan American Energy.  Mr. Kleinman said the talks are at
an early stage.  He added that the 60% stake in Pan American was
among the assets which BP was looking to sell as part of efforts
to shore up its finances following the Gulf of Mexico oil spill.
He also said other BP assets in Latin America, particularly in
Colombia and Venezuela, may be sold too.

Mr. Kleinman said BP declined to comment on the CNOOC talks.

As reported by the TCR on July 6, 2010, Dow Jones Newswires' Carol
Dean reported that a person familiar with the situation said
Monday BP has increased its standby loan to up to around $9
billion as more banks join the group of lenders supporting the
company against possible claims related to the oil spill in the
Gulf of Mexico.  The source said the standby loans provide BP with
immediate access to liquidity to deal with the cost of the oil
spill and meet its liabilities while BP considers longer-term
funding options.

The source told Dow Jones around eight or nine banks have agreed
to lend around $1 billion each to BP on a bilateral basis.  The
source said the bank lenders likely include Barclays PLC, BNP
Paribas SA, Citigroup Inc., Banco Santander SA, HSBC Holdings PLC,
Royal Bank of Canada, Royal Bank of Scotland Group PLC and Societe
Generale SA.  The loans have a one-year maturity with a one-year
extension option.

As reported by the TCR on June 17, 2010, BP reached an agreement
with the Obama administration to allocate $20 billion to cover
Gulf of Mexico oil spill claims.  Liabilities aren't capped at $20
billion.

The TCR on July 2 said experts looking at a hypothetical
bankruptcy filing by BP on an ABI media teleconference on June 29
said that BP has several options to explore in dealing with the
worst environment disaster in U.S. history, but the oil giant may
consider bankruptcy if it faces a never-ending flow of claims.

The Houston Chronicle's Tom Fowler said early last month that BP
had dismissed talk that it might seek Chapter 11 bankruptcy
protection in the face of falling stock prices and threats from
government officials to force the oil giant to pay more in costs
related to the massive Gulf of Mexico oil spill.  "We
categorically deny that we have taken advice on Chapter 11
proceedings," a company spokesman told the Chronicle, according to
Mr. Fowler.

                           About BP Plc

BP Plc -- http://www.bp.com/-- is one of the world's largest
energy companies, providing its customers with fuel for
transportation, energy for heat and light, retail services and
petrochemicals products for everyday items.

Bloomberg's Businessweek notes BP represents 5.6% of the FTSE 100
Index, the second biggest weighting of the top U.K.-listed
companies behind London-based bank HSBC Holdings Plc.  BP also
represents the biggest portion of the FTSE 350 Oil & Gas Producers
Index at 31%, and the MSCI EAFE/Energy Index at 16%.


CANAL CAPITAL: Timothy Daniel O'Donnell Holds 8.64% of Shares
-------------------------------------------------------------
Timothy Daniel O'Donnell disclosed that he may be deemed to
beneficially own 347,126 shares or roughly 8.64% of Canal Capital
Corporation.

                        About Canal Capital

Canal Capital Corporation is engaged in two distinct businesses --
real estate and stockyard operations.  Canal's real estate
properties are located in Sioux City, Iowa, South St. Paul,
Minnesota, St. Joseph, Missouri, Omaha, Nebraska and Sioux Falls,
South Dakota.  The properties consist, for the most part, of an
Exchange Building (commercial office space), land and structures
leased to third parties as well as vacant land available for
development or resale.  Canal also operates two central public
stockyards located in St. Joseph, Missouri and Sioux Falls, South
Dakota.

The Company's balance sheet at April 30, 2010, showed $3,388,038
in total assets, total liabilities of $3,015,286, for a total
stockholders' equity of $372,752.

                           *     *     *

According to the Troubled Company Reporter on Feb. 4, 2010,
Canal Capital said there is substantial doubt about its ability to
continue as a going concern.  The Company noted of its recurring
losses from operations and its obligation to continue making
substantial annual contributions to its defined benefit pension
plan.  Canal also noted that its cash flow position has been under
significant strain for the past several years.


CANYON FALLS: Case Summary & Largest Unsecured Creditor
-------------------------------------------------------
Debtor: Canyon Falls Land Partners, LP
        13455 Noel Road, Suite 800
        Dallas, TX 75240

Bankruptcy Case No.: 10-34655

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Northern District of Texas (Dallas)

Judge: Harlin DeWayne Hale

Debtor's Counsel: Michael D. Warner, Esq.
                  Cole Schotz Meisel Forman & Leonard PA
                  1700 City Center Tower II
                  301 Commerce St.
                  Fort Worth, TX 76102
                  Tel: (817) 810-5250
                  Fax: (817) 810-5255
                  E-mail: klabrada@coleschotz.com

Estimated Assets: $10,000,001 to $50,000,000

Estimated Debts: $10,000,001 to $50,000,000

The petition was signed by Scott Ellington, manager of Canyon
Falls GP, LLC as general partner of Debtor.

Debtor-affiliate that filed separate Chapter 11 petition:

                                                 Petition
   Debtor                              Case No.     Date
   ------                              --------     ----
McGinnis Land Partners I, LP           10-34654    07/02/10
  Assets: $10,000,001 to $50,000,000
  Debts: $10,000,001 to $50,000,000

In their respective lists of 20 largest unsecured creditors, the
Debtors placed only one entry:

Entity                   Nature of Claim        Claim Amount
------                   ---------------        ------------
Middleton & Assocs. LLC   Professional           $29,430
1111 South Main Street,
Suite 123
Grapevine, TX 76051


CASINO REA: Taps Polis & Associates as General Insolvency Counsel
-----------------------------------------------------------------
Casino REA Corporation, doing business as Casino Self Storage,
asks the U.S. Bankruptcy Court for the Central District of
California for permission to employ Polis & Associates, APLC, as
general insolvency counsel.

Polis & Associates will, among other things:

   -- advise the Debtor with respect to its rights, powers, duties
      and obligations as debtor-in-possession in the
      administration of the bankruptcy case, the management of its
      business affairs and the management of its properties;

   -- prepare pleadings, applications and conduct examinations
      incidental to administration; and

   -- advise and represent the Debtor in connection with all
      applications, motions or complaints for reclamation,
      adequate protection, sequestration, relief from stays,
      appointment of a trustee or examiner and all other similar
      matters.

Mr. Polis, a principal of Polis & Associates, tells the Court that
the firm received a gross prepetition retainer of $66,039, after
application of fees and expenses, the remaining balance is
$60,667.  Mr. Polis' hourly rate is $425.

Mr. Polis assures the Court that Polis & Associates is a
"disinterested person" as that term is defined in Section 101(14)
of the Bankruptcy Code.

Mr. Polis can be reached at:

     Thomas J. Polis, Esq.
     Polis & Associates
     A Professional Law Corporation
     19800 MacArthur Boulevard, Suite 1000
     Irvine, CA 92612-2433
     Tel: (949) 862-0040
     Fax: (949) 862-0041
     E-mail: tom@polis-law.com

                         About Casino REA

Moorpark, California-based Casino REA Corporation, dba Casino Self
Storage, filed for Chapter 11 bankruptcy protection on May 20,
2010 (Bankr. C.D. Calif. Case No. 10-12502).  Thomas J. Polis,
Esq., at Polis & Associates, APLC, assists the Company in its
restructuring effort.  According to its schedules, the Company
listed $10,089,984 in assets and $11,516,395 in liabilities.


CHARLES COWIN: Chapter 11 Plan Due by September 16
--------------------------------------------------
The U.S. Bankruptcy Court for the U.S. Bankruptcy Court for the
Northern District of Illinois directed Charles Philip Cowin to
file the proposed Chapter 11 Plan by September 16, 2010.

Houston, Texas-based Charles P. Cowin filed for Chapter 11
protection on February 24, 2010 (Bankr. S.D. Tex. Case No. 10-
31478).  Richard L. Fuqua, II, Esq., at Fuqua & Keim, represents
the Company in its restructuring effort.  The Company estimated
assets and debts at $10,000,001 to $50,000,000.


CHEMTURA CORP: Proposes to Sell Two Businesses to Sonneborn
-----------------------------------------------------------
Chemtura Corporation and its debtor affiliate ask the United
States Bankruptcy Court for the Southern District of New York for
authority to enter into a private sale transaction pursuant to
which they propose to sell certain assets used in their natural
sodium sulfonates and oxidized petrolatums businesses to
Sonneborn Refined Products B.V. and Sonneborn, Inc.

The Debtors also ask Judge Gerber to authorize them to assume and
assign certain contracts to Sonneborn, and to assume a Barium
Sulfonate Supply Agreement.

Gerard S. Catalanello, Esq., at Duane Morris LLP, in New York --
gcatalanello@duanemorris.com -- relates that the contracts and
transactions implicated by the proposed sale are many and
complex, and they arise out of a business arrangement initially
reached in 2005.

The Debtor Sellers relate that they entered into contracts in
2005, whereby it was agreed that their interests in the Sodium
and Oxpet Businesses would be sold to Sonneborn in 2013.  The
parties, however, have now agreed to expedite that sale.

The Debtors operate in eight business divisions, one of which is
the Petroleum Additives division.  The Businesses sells natural
sodium sulfonates and oxidized petrolatums as additive components
used in transport and industrial lubricant applications.  The
Sodium and Oxpet product lines provide detergency and corrosion
protection and emulsification in metalworking fluids and
antioxidants, which are widely used by customers in engine oils,
gear oils and greases.

The Businesses, according to Mr. Catalanello, is conducted
primarily through facilities located in the Netherlands, in
Amsterdam, Koog aan de Zaan, and Haarlem, with another facility
located in Petrolia, Pennsylvania.

In 2009, the Businesses comprised less than 1% of the Debtors'
earnings before income taxes, depreciation, and amortization.

After the Petition Date, the Debtors analyzed their relationship
with Sonneborn and the costs and benefits associated with the
Sodium Business.  Subsequently, the Debtors engaged in a dialogue
with Sonneborn about accelerating a sale of the remaining portion
of the Sodium Business originally contemplated for 2013.

In addition, in light of the Debtors' concerns on a proof of
claim earlier filed by Sonneborn, the Debtors filed a motion
objecting to the Sonneborn Claim on numerous grounds.  Sonneborn
Inc. and Sonneborn B.V. filed a response and thereafter filed an
amended proof of claim.

Sonneborn asserted an unsecured claim against the Debtors for
$14,249,067, on account of remediation costs, pension benefits
costs, and certain trade receivables.

After months of discussions and negotiations regarding the Sodium
and Oxpet Businesses, the Amended Proof of Claim and other
related matters, the Debtors and Sonneborn entered into a letter
of intent that established the framework for the sale of both the
Sodium Business and the Oxpet Business to Sonneborn Holding or
one or more of its affiliates.

Thereafter, the parties discussed and negotiated terms for the
sale of the Businesses, which efforts ultimately resulted in the
execution of a purchase agreement among the parties, Mr.
Catalanello relates.

The principal terms of the Purchase Agreement are:

  * Purchase Price.  Consideration for the Purchased Assets
    includes:

      (a) $5,000,000 in cash, subject to an adjustment as
          provided under Section 2.6 of the Purchase Agreement;

      (b) a "Prepayment Reimbursement," which is an amount equal
          to the sum of (i) all amounts paid by the Debtors up
          to the Closing Date for raw materials that were not
          consumed in the manufacture of Sodium or Oxpet prior
          to the closing, and (ii) all amounts paid by the
          Debtors up to the Closing Date for the manufacture of
          Sodium or Oxpet which occurs subsequent to the
          closing; and

      (c) the assumption of the Assumed Liabilities.

  * Assumed Liabilities

    At closing, Sonneborn will assume the liabilities of the
    Debtors to the extent relating to the Business or the
    Purchased Assets.  The Assumed Liabilities include, among
    other items: (a) certain Trade Payables; (b) post-closing
    taxes; (c) liabilities with respect to the Contracts to be
    assumed and assigned, other than cure costs, and
    Governmental Authorizations included in the Purchased
    Assets; (d) pension liabilities, which are the subject of
    Sonneborn's Proof of Claim; (e) costs related to termination
    and or closing of the Business after the Closing Date; (f)
    Environmental Liabilities; (g) liabilities related to
    transportation, treatment, storage, handling or disposal of
    any Hazardous Materials or the arrangement of the same by
    Purchaser after June 2005; and (h) warranty or similar
    liabilities relating to products of the Business.

  * Excluded Liabilities

    The Debtors will retain certain excluded liabilities, which
    include, among others: (a) pre-closing taxes; (b) trade
    accounts payable to Purchaser for the procurement of goods
    and services by Seller arising from the conduct of the
    Business; (c) liabilities related to transportation,
    treatment, storage, handling or disposal of any Hazardous
    Materials or the arrangement of the same by or on behalf of
    Seller; (d) certain fines or penalties assessed against
    Seller related to Environmental Laws, the Petrolia Consent
    Orders or any Environmental Response Action; (e) liabilities
    related to Excluded Assets; (f) Cure Costs; and (g) certain
    employee-related liabilities.

  * Closing Conditions

    Sonneborn's obligation to consummate the transactions
    contemplated under the Purchase Agreement is subject to the
    satisfaction of certain pre-closing conditions, including:
    (a) certain validity of the Seller's certain representations
    and warranties under Article 3 of the Purchase Agreement;
    (b) compliance with the Seller's covenants and obligations
    under the Purchase Agreement; (c) the acquisitions of the
    Governmental Authorizations and consents listed on Schedule
    6.1(c) of the Purchase Agreement; (d) entry of the Approval
    Order on a final basis; (e) no Material Adverse Effect has
    occurred since the date of the Purchase Agreement through
    the entry of the Approval Order; and (f) assumption of the
    Barium Sulfonate Supply Agreement by Chemtura under Section
    365(a) of the Bankruptcy Code.

  * Indemnification and Assumption of Environmental Liabilities

    Sonneborn will indemnify the Debtors from and against any
    and all losses incurred by the Debtors relating to or
    arising from any environmental liability.  Sonneborn's
    indemnity with respect to any Environmental Liability will
    survive the closing of the sale.

The Debtors seek to sell the Assets pursuant to a private sale
and as part of the Purchase Agreement, the Debtors agreed to a
limited non-solicitation provision which is subject to the
Debtors' obligation under applicable law with regard to
negotiations relating to certain unsolicited proposals for the
Businesses.

The Debtors also ask the Court to make findings that may have the
effect of limiting any potential successor liability claims
against Sonneborn, its affiliates, present or contemplated
members, officers, directors, shareholders or any of their
respective successors and assigns.

A full-text copy of the Chemtura-Sonneborn Asset Purchase
Agreement is available for free at:

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

                      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: To Set Up 200 Fiat Subcompact Outlets by Yearend
--------------------------------------------------------------
The New York Times' Nick Bunkley reports that Chrysler said
Tuesday it planned to set up about 200 outlets by the end of the
year to sell the Fiat 500, an Italian designed subcompact.  The
dealerships will be run by existing Chrysler dealers and in many
cases located on the same property, but they will have separate
showrooms and employees.

The report says executives sent letters this week to all 2,320
Chrysler, Dodge, Jeep and Ram dealers inviting them to apply for a
Fiat franchise.  Fewer than 10% will be selected, and the
locations will be announced in September, Chrysler said.

According to the report, Chrysler spokesman Ralph Kisiel said the
company intended to have Fiat dealerships in 125 markets in about
41 states.  He said most would be concentrated in metropolitan
areas where small cars were already popular and where demand was
expected to increase.

The NY Times notes the strategy runs counter to a general trend of
consolidating multiple brands into one showroom.  It also requires
dealers to commit significant resources to a lineup that initially
has a single model.  A convertible, the 500 Cabrio, is scheduled
to arrive in 2011, followed by a battery-powered 500 in 2012, but
Chrysler has not revealed plans to expand Fiat beyond that.

"If I were a dealer, I would be somewhat reluctant to make that
investment," said Erich Merkle, an automotive analyst and
president of Autoconomy.com in Grand Rapids, Mich., according to
NY Times.  "You have to go and build a new facility to sell a
brand that really is going to take a considerable amount of time
to get any kind of volume."

According to the NY Times, the Fiat 500 is a major piece of
Chrysler's efforts to diversify a lineup that has relied heavily
on trucks and sport utility vehicles, hurting sales as American
consumers began seeking more fuel-efficient alternatives.
Chrysler plans to build more than 100,000 of the vehicles a year
at a plant in Mexico, sending half to the United States and half
to South America.

                        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.

Judge Arthur J. Gonzalez signed a written order on April 23, 2010,
confirming the modified Second Amended Joint Plan of Liquidation
filed by Old Carco LLC, formerly known as Chrysler LLC, and its 24
debtor subsidiaries.


CITIGROUP INC: To Sell $1-Bil. in P/E Investments to Lexington
--------------------------------------------------------------
According to The Wall Street Journal's Peter Lattman and Randall
Smith, people familiar with the situation said Citigroup Inc. is
near a deal to sell a portfolio of roughly $1 billion of private-
equity investments to Lexington Partners Inc.  Those sources said
the transaction would be one of the biggest ever in the market for
secondary private-equity interests.

Sources told the Journal Citi would sell an array of private-
equity investments to Lexington, including an interest in
Citigroup Capital Partners II, a $3.3 billion fund that invested
alongside private-equity firms in the large deals struck during
the buyout boom.  The Journal says New York-based Lexington is
among the more prominent players in the niche secondary private-
equity market, in which investors buy second-hand interests in
private-equity holdings, typically at a discount to their face
value.

The Journal relates Lexington is expected to pay a slight discount
to Citi's holding values in deals such as discount retailer Dollar
General, lender GMAC LLC and hospital giant HCA.  The report says
La Jolla, Calif.-based private-equity advisor StepStone is
expected to manage the Citi funds, which also include a mezzanine
fund and a fund-of-funds vehicle.  A StepStone representative
declined to comment.

The Journal says the Citi funds require ongoing management
services because in addition to investing its own money, Citi sold
interests in the funds to clients of its private bank and its
Smith Barney brokerage arm, as well as to Citi's own employees.
People familiar with the funds told the Journal those interests
total more than $8 billion, including $2 billion to $3 billion
from Citi employees.

According to the report, Citigroup's efforts are part of the
banking giant's initiative to unload more than $500 billion in
noncore assets to reduce its size by about one-third.  It also
comes at a time when Congress is weighing new rules that could
curb banks' private-equity investments.

                         About Citigroup

Based in New York, Citigroup Inc. (NYSE: C) -- is a global
diversified financial services holding company whose businesses
provide a broad range of financial services to consumer and
corporate customers.  Citigroup has roughly 200 million customer
accounts and does business in more than 140 countries.
Citigroup's businesses are aligned in three reporting segments:
(i) Citicorp, which consists of Regional Consumer Banking (in
North America, EMEA, Asia, and Latin America) and the
Institutional Clients Group (Securities and Banking, including the
Private Bank, and Transaction Services); (ii) Citi Holdings, which
consists of Brokerage and Asset Management, Local Consumer
Lending, and a Special Asset Pool; and (iii) Corporate/Other.

As reported in the Troubled Company Reporter on November 25, 2008,
the U.S. government entered into an agreement with Citigroup to
provide a package of guarantees, liquidity access, and capital.
The U.S. Treasury and the Federal Deposit Insurance Corporation
agreed to provide protection against the possibility of unusually
large losses on an asset pool of roughly $306 billion of loans and
securities backed by residential and commercial real estate and
other such assets, which will remain on Citigroup's balance sheet.
As a fee for this arrangement, Citigroup issued preferred shares
to the Treasury and FDIC.  The Federal Reserve agreed to backstop
residual risk in the asset pool through a non-recourse loan.

Citigroup, the third-biggest U.S. bank, received $45 billion in
bailout aid.  Other bailed-out banks, including Bank of America
Corp., Wells Fargo & Co., have pledged to repay TARP money.
JPMorgan Chase & Co., Goldman Sachs Group Inc. and Morgan Stanley,
repaid TARP funds in June.  Citigroup is selling assets to repay
the bailout funds.

Citigroup is one of the banks that, according to results of the
government's stress test, need more capital.


CKE RESTAURANTS: Expects Closing Date of Merger into Apollo
-----------------------------------------------------------
CKE Restaurants, Inc., expects to close the merger providing for
its acquisition by Columbia Lake Acquisition Holdings, Inc., an
affiliate of Apollo Management VII, L.P., on or about July 12,
2010.

The consummation of the merger remains subject to the satisfaction
or waiver of certain closing conditions set forth in the merger
agreement and discussed in detail in the Definitive Proxy
Statement on Schedule 14A filed with the Securities and Exchange
Commission by CKE on June 3, 2010.

                    About CKE Restaurants

Carpinteria, Calif.-based CKE Restaurants, Inc., through its
wholly-owned subsidiaries, owns, operates, franchises and licenses
the Carl's Jr., Hardee's, Green Burrito and Red Burrito concepts.

                         *     *     *

As reported by the Troubled Company Reporter on June 22, 2010,
Standard & Poor's Ratings Services said that its 'BB-' corporate
credit rating on the Carpinteria, Calif.-based CKE Restaurants
Inc. remains on CreditWatch, where it was placed with negative
implications on Feb. 26, 2010.  If the proposed acquisition by
Apollo is approved by shareholders and completed, S&P expects to
lower its corporate credit rating on CKE to 'B' from 'BB-', and
assign a stable rating outlook.  The stable outlook would reflect
S&P's expectation that CKE could maintain credit ratios
appropriate for the rating category, despite likely weaker
profitability as a result of sales declines.


CORNELL COS: S&P Retains CreditWatch Positive on 'B+' Rating
------------------------------------------------------------
Standard & Poor's Ratings Services ratings on U.S. private
corrections operator Cornell Cos. Inc., including its 'B+'
corporate credit rating, remain on CreditWatch with positive
implications.

Upon closing of its proposed acquisition by The GEO Group, S&P
expects to raise Cornell's ratings to 'BB-', and then withdraw the
ratings.


CRISIS HILL: Voluntary Chapter 11 Case Summary
----------------------------------------------
Debtor: Crisis Hill, Inc.
        P.O. Box 1029
        Fort Mill, SC 29716

Bankruptcy Case No.: 10-04760

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       District of South Carolina (Columbia)

Judge: Helen E. Burris

Debtor's Counsel: Jane H. Downey, Esq.
                  Moore Taylor & Thomas PA
                  1700 Sunset Blvd
                  P.O. Box 5709
                  West Columbia, SC 29171
                  Tel: (803) 796-9160
                  E-mail: jane@mttlaw.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

The Debtor did not file a list of its largest unsecured creditors
together with its petition.

The petition was signed by Ronald Olsen, president.

Debtor-affiliate that filed separate Chapter 11 petition:

                                                 Petition
   Debtor                              Case No.     Date
   ------                              --------     ----
Carolina Site Development, Inc.        09-08718   11/19/09


CRYSTAL SPRINGS: Can Use Lenox Cash Collateral Until August 31
--------------------------------------------------------------
The Hon. Randolph J. Haines of the U.S. Bankruptcy Court for the
District of Arizona authorized Crystal Springs Phase I, LLC, and
Crystal Springs Investors, LLC, to use the cash collateral until
August 31, 2010, with a 10% variation permissible on a category
basis.

The Debtors would use the cash collateral to fund the postpetition
operation of its business.

As adequate protection for any diminution in value of the lenders'
collateral, the Debtors will grant Lenox Mortgage XII, LLC, a
replacement lien in the cash collateral that is held in the
Debtors' debtor-in-possession operating accounts, to the same
extent, and with the same validity and priority, as existed prior
to the filing of the Debtors' bankruptcy cases.

A hearing on the Debtors' continued use of cash collateral after
August 31 will be held at the Bankruptcy Court, 230 North First
Avenue, 6th Floor, Phoenix, Arizona 85003, Courtroom 603, at
1:30 p.m. on August 23.

                       About Crystal Springs

Phoenix, Arizona-based Crystal Springs Phase I, along with
affiliate Crystal Springs Investors, LLC, filed for Chapter
11 bankruptcy protection on May 12, 2010 (Bankr. D. Ariz. Case No.
10-14516).  Mark W. Roth, Esq., at Polsinelli Shughart P.C.,
represents the Debtors in their Chapter 11 effort.  Crystal
Springs Phase I estimated its assets and debts at $10,000,001 to
$50,000,000.


CRYSTAL SPRINGS: Files Schedules of Assets and Liabilities
----------------------------------------------------------
Crystal Springs Phase I LLC filed with the U.S. Bankruptcy Court
for the District of Arizona its schedules of assets and
liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                        $0
  B. Personal Property              $401,729
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $13,219,536
  E. Creditors Holding
     Unsecured Priority
     Claims                                            $3,789
  F. Creditors Holding
     Unsecured Non-priority
     Claims                                        $1,458,254
                                 -----------      -----------
        TOTAL                       $401,729      $14,681,579

                       About Crystal Springs

Phoenix, Arizona-based Crystal Springs Phase I, along with
affiliate Crystal Springs Investors, LLC, filed for Chapter
11 bankruptcy protection on May 12, 2010 (Bankr. D. Ariz. Case No.
10-14516).  Mark W. Roth, Esq., at Polsinelli Shughart P.C.,
represents the Debtors in their Chapter 11 effort.  Crystal
Springs Phase I estimated its assets and debts at $10,000,001 to
$50,000,000.


CRYSTAL SPRINGS: U.S. Trustee Unable to Form Creditors Panel
------------------------------------------------------------
The Office of the U.S. Trustee for Region 14 notified the U.S.
Bankruptcy Court for the District of Arizona that it was unable to
appoint an official committee of unsecured creditors in the
Chapter 11 cases of Crystal Springs Phase I, LLC, and Crystal
Springs Investors, LLC.

The U.S. Trustee explained that there were insufficient
indications of willingness from unsecured creditors to serve in
the committee.

The U.S. Trustee reserves the right to appoint a committee if
interest develop among the creditors.

                       About Crystal Springs

Phoenix, Arizona-based Crystal Springs Phase I, along with
affiliate Crystal Springs Investors, LLC, filed for Chapter
11 bankruptcy protection on May 12, 2010 (Bankr. D. Ariz. Case No.
10-14516).  Mark W. Roth, Esq., at Polsinelli Shughart P.C.,
represents the Debtors in their Chapter 11 effort.  Crystal
Springs Phase I estimated its assets and debts at $10,000,001 to
$50,000,000.


CSC DEVELOPMENT: Case Summary & 10 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: CSC Development, Inc.
        705 Rivard St., Suite 4
        Somerset, WI 54025

Bankruptcy Case No.: 10-15074

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Western District of Wisconsin (Eau Claire)

Judge: Thomas S. Utschig

Debtor's Counsel: Daniel R. Freund, Esq.
                  920 S. Farwell Street, Suite 1800
                  P.O. Box 222
                  Eau Claire, WI 54702-0222
                  Tel: (715) 832-5151
                  Fax: (715) 832-5491
                  E-mail: freundlaw@fastmail.fm

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

A list of the Company's 10 largest unsecured creditors filed
together with the petition is available for free at
http://bankrupt.com/misc/wiwb10-15074.pdf

The petition was signed by Scott Zahnow, president.


DAIRY DOZEN: Voluntary Chapter 11 Case Summary
----------------------------------------------
Debtor: The Dairy Dozen - Veblen, LLP
        104 South Greenman Street
        Veblen, SD 57270

Bankruptcy Case No.: 10-10147

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       District of South Dakota (Northern (Aberdeen))

Debtor's Counsel: Thomas M. Tobin, Esq.
                  Tonner Tobin and King
                  P.O. Box 1456
                  Aberdeen, SD 57402-1456
                  Tel: (605) 225-1000
                  E-mail: ttk@nvc.net

Scheduled Assets: $10,000

Scheduled Debts: $2,645,000

The Debtor did not file a list of its largest unsecured creditors
together with its petition.

The petition was signed by Richard Millner, managing partner.

Debtor-affiliate that filed separate Chapter 11 petition:

                                                 Petition
   Debtor                              Case No.     Date
   ------                              --------     ----
Veblen East Dairy Limited Partnership  10-10146    07/02/10


DENNIS GIBBS: Replaces Counsel With Lawrence L. Szabo
-----------------------------------------------------
Dennis A. Gibbs and Laurie M. Gibbs notified the U.S. Bankruptcy
Court for the Northern District of California that Lawrence L.
Szabo, Esq., will substitute Vincent Renda as counsel.

Mr. Szabo can be reached at:

     3608 Grand Avenue
     Oakland, CA 94610
     Tel: (510) 834-4893

Castro Valley, California-based Dennis A. Gibbs and Laurie M.
Gibbs filed for Chapter 11 protection on May 18, 2010 (Bankr. N.D.
Calif. Case No. 10-45706).  Vincent Renda, Esq., at Renda Law
Offices, P.C., assists the Debtors in their Chapter 11 effort.
The petition said assets and debts are at $10,000,001 to
$50,000,000.


DENNIS GIBBS: U.S. Trustee Appointed in Reorganization Case
-----------------------------------------------------------
The Hon. Randall J. Newsome of the U.S. Bankruptcy Court for the
Northern District of California approved the appointment of a
Chapter 11 Trustee in the bankruptcy case of Dennis A. Gibbs and
Laurie M. Gibbs

The trustee, within 60 days after appointment, will file, and
serve upon the Debtors and the U.S. Trustee, a report concerning
the Debtors' financial condition.

Castro Valley, California-based Dennis A. Gibbs and Laurie M.
Gibbs filed for Chapter 11 bankruptcy protection on May 18, 2010
(Bankr. N.D. Calif. Case No. 10-45706).  Vincent Renda, Esq., at
Renda Law Offices, P.C., assists the Debtors in their Chapter 11
effort.  The petition said assets and debts are at $10,000,001 to
$50,000,000.


DIAZ DISTRIBUTORS: Voluntary Chapter 11 Case Summary
----------------------------------------------------
Debtor: Diaz Distributors LLC
        718 W. 6th Street
        Weslaco, TX 78596

Bankruptcy Case No.: 10-70483

Chapter 11 Petition Date: July 5, 2010

Court: United States Bankruptcy Court
       Southern District of Texas (McAllen)

Judge: Richard S. Schmidt

Debtor's Counsel: Ellen C. Stone, Esq.
                  The Stone Law Firm PC
                  4900 N. 10th St., Suite A2
                  McAllen, TX 78504
                  Tel: (956) 630-2822
                  Fax: (956) 631-0742
                  E-mail: ignmca@ellenstonelaw.com

Scheduled Assets: $2,200,000

Scheduled Debts: $2,150,122

The Debtor did not file a list of its largest unsecured creditors
together with its petition.

The petition was signed by Leopoldo Diaz, manager


DISH NETWORK: Corp. Controller Paul Orban Sells 300 Shares
----------------------------------------------------------
Paul W. Orban, DISH Network Corp.'s SVP and Corporate Controller,
sold 300 shares of the Company's common stock at $18.12 apiece on
July 1, 2010, reducing his stake to 684 shares that he directly
owns, according to a regulatory filing.  The sale was effected
pursuant to a Rule 10B5-1 trading plan.

Mr. Orban also indirectly holds 1,120 Company shares.

                       About DISH Network

DISH Network Corporation is the third largest pay television
provider in the United States with 14.1 million subscribers as of
Dec. 31, 2009.  Annual revenues approximate $11.6 billion.

                          *     *     *

According reported by the TCR in March 2010, Moody's Investors
Service said that Dish Network's Ba3 Corporate Family rating and
stable outlook are not affected by the announcement that a U.S.
appeals court upheld a lower court's ruling that despite changes
made by Dish to its DVR software, the company was still infringing
on TiVo Inc.'s patents.  Dish and TiVo have been in litigation
since 2004 over TiVo's patent infringement claim.  As a result of
the ruling, the Company owes approximately $300 million in damages
through July 2009 and potentially additional charges should the
company be required to pay for patent infringements since July
2009.  Dish announced that it will be seeking a further review of
the court's latest decision by the full Federal Circuit.


DOMTAR CORPORATION: Moody's Upgrades Corp. Family Rating to 'Ba1'
-----------------------------------------------------------------
Moody's Investors Service upgraded Domtar Corporation's corporate
family rating to Ba1 from Ba2, senior secured debt rating to Baa2
from Baa3, senior unsecured note rating to Ba2 from Ba3 and
affirmed its liquidity rating at SGL-1.  The outlook is stable.
The upgrade recognizes the company's strong financial performance
and significant de-leveraging following the successful completion
of its recent tender offer resulting in the early repayment of
$425 million of outstanding debt.  Proforma for the completion of
the tender offer, Moody's estimates Domtar's last twelve months of
Adjusted Debt/EBITDA leverage improved to approximately 1.9x from
2.4x.

Domtar's Ba1 CFR reflects the company's significant position as
the largest uncoated freesheet producer in North America, its
favorable cost position within the industry and management's
demonstrated commitment to prudent debt management.  Although the
black liquor tax credit (which provided the source for some of the
recent debt repayments) will not be available going forward,
strong cash flow generation in line with improving economic
conditions and a lower interest expense burden should allow the
company to maintain strong credit protection measures for the Ba1
rating category.  The ratings are however constrained by Domtar's
focus on the North American uncoated freesheet market which faces
secular decline in demand and the uncertainty over strategic
initiatives now that the company's debt reduction goals have been
largely achieved.  Credit challenges also include the company's
lack of diversification and the inherent volatility of the
company's market pulp business.

Domtar's stable outlook reflects Moody's mid-term expectation that
the uncoated freshet sector will continue to rationalize its
supply base to offset declining demand, allowing Domtar to
maintain credit protection measures at levels appropriate for the
rating category.

Domtar's SGL-1 rating reflects the company's strong liquidity
arrangements.  The company's liquidity is primarily comprised of
full access to its committed $750 million revolving credit
facility (less approximately $50 million of letter of credit use)
that matures in 2012.  In addition, Domtar has a $150 million
accounts receivable securitization program that matures October
2010 (not considered a source due to its maturity within 1 year),
about $300 million of cash on hand (proforma for the debt tender
offer and recent sale of wood products business), Moody's
estimates continued strong free cash flow generation with modest
debt maturities over the next 12 months.  Covenant issues are not
expected.

Upgrades:

Issuer: Domtar Corporation

  -- Probability of Default Rating, Upgraded to Ba1 from Ba2

  -- Corporate Family Rating, Upgraded to Ba1 from Ba2

  -- Senior Secured Bank Credit Facility, Upgraded to Baa2, LGD2,
     18% from Baa3, LGD2, 19%

  -- Senior Unsecured Regular Bond/Debenture, Upgraded to Ba2,
     LGD5, 70% from Ba3, LGD5, 72%

The last rating action relating to Domtar was on June 3, 2009,
when Moody's assigned a Ba3 rating to the company's new senior
unsecured notes while affirming Domtar's Ba2 corporate family
rating and stable outlook.

Headquartered in Montreal, Quebec, Domtar Corporation is the
largest producer of uncoated freesheet paper in North America and
the second largest in the world.  The company also operates a
paper distribution business and sells market pulp.


DUNHILL ENTITIES: Files Schedules of Assets and Liabilities
-----------------------------------------------------------
Dunhill Entities, LP, filed with the U.S. Bankruptcy Court for the
Southern District of Alabama its schedules of assets and
liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                $4,500,000
  B. Personal Property           $23,133,889
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $23,006,287
  E. Creditors Holding
     Unsecured Priority
     Claims                                          $110,826
  F. Creditors Holding
     Unsecured Non-priority
     Claims                                          $705,332
                                 -----------      -----------
        TOTAL                    $27,633,889      $23,822,445

Dunhill Entities, LP, owns two petroleum storage facilities in
Alabama.

Dunhill Entities, along with affiliates, filed for Chapter 11
bankruptcy protection on March 26 in Mobile, Alabama (Bankr. S.D.
Ala. Case No. 10-01342).  The petition says assets are less than
$50 million while debt exceeds $50 million.


E2 REAL ESTATE: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: E2 Real Estate Partners III, LLC
        dba Logan's Pointe Apartments
        fdba 3700 Garth Apartments
        28507 Hayden Park Drive
        Katy, TX 77494

Bankruptcy Case No.: 10-35718

Chapter 11 Petition Date: July 5, 2010

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Judge: Karen K. Brown

Debtor's Counsel: Margaret Maxwell McClure, Esq.
                  909 Fannin
                  Suite 3810
                  Houston, TX 77010
                  Tel: (713) 659-1333
                  Fax: (713) 658-0334
                  E-mail: mccluremar@aol.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

The Debtor did not file a list of its largest unsecured creditors
together with its petition.

The petition was signed by Robert Christopher Driver, managing
member.


EASTON-BELL SPORTS: Exchange Offer for 9.75% Notes Ends July 26
---------------------------------------------------------------
Easton-Bell Sports, Inc., is offering to exchange $350,000,000
principal amount of 9.750% Senior Secured Notes Due 2016 for new
9.750% Senior Secured Notes Due 2016.  The exchange notes are
substantially identical to the applicable original notes, except
that the exchange notes have been registered under the federal
securities laws, are not subject to transfer restrictions and are
not entitled to certain registration rights relating to such
original notes.  The exchange notes will represent the same debt
as the original notes and the Company will issue the exchange
notes under the same indenture as the original notes.

The principal features of the exchange offer are:

     -- The exchange offer expires at 5:00 p.m., New York City
        time, on, July 26, 2010, unless extended.  The Company
        does not currently intend to extend the expiration date of
        the exchange offer.

     -- The exchange offer is not subject to any condition other
        than that the exchange offer not violate applicable law or
        any applicable interpretation of the Staff of the
        Securities and Exchange Commission.

     -- The Company will exchange all original notes that are
        validly tendered and not validly withdrawn prior to the
        expiration of the exchange offer.

     -- The Company does not intend to apply for listing of the
        exchange notes on any securities exchange or automated
        quotation system.

     -- The Company will not receive any proceeds from the
        exchange offer.  The Company will pay all expenses
        incurred by the Company in connection with the exchange
        offer and the issuance of the exchange notes.

A full-text copy of the prospectus is available at no charge
at http://ResearchArchives.com/t/s?6603

                     About Easton-Bell Sports

Easton-Bell Sports, Inc. -- http://www.eastonbellsports.com/--
designs, develops and markets innovative sports equipment,
protective products and related accessories under authentic
brands.  The Company markets and licenses products under such
well-known brands as Easton, Bell, Riddell, Giro and Blackburn.
Headquartered in Van Nuys, California, the Company has 29
facilities worldwide.

The Company's balance sheet at April 3, 2010, revealed
$969.0 million in total assets and $602.6 million in total
liabilities, for a stockholder's equity of $366.3 million.

                           *     *     *

As reported by the Troubled Company Reporter on November 24, 2009,
Standard & Poor's Ratings Services lowered its rating on Easton-
Bell Sports' proposed seven-year senior secured notes.  S&P
lowered the rating to 'CCC+' (one notch less than the counterparty
credit rating on Easton-Bell) from 'B-' and revised the recovery
rating to '5', which indicates S&P's expectation for modest (10%
to 30%) recovery in the event of a payment default or bankruptcy,
from '4'.  The Company carries S&P's B-/Positive/-- Corporate
credit rating.

The TCR said November 18, 2009, Moody's Investors Service rated
Easton-Bell's $325 million secured notes B3 and affirmed its B3
corporate family rating and B3 probability of default rating.  At
the same time, Easton-Bell's speculative grade liquidity rating
was upgraded to SGL 3 from SGL 4.  The rating outlook was revised
to positive.


ECO2 PLASTICS: Implements Reorganization Plan
---------------------------------------------
Bill Rochelle at Bloomberg News reports that Eco2 Plastics Inc.
implemented a reorganization plan last week that the bankruptcy
judge in San Francisco approved in a May 8 confirmation order.
Secured lenders owed more than $11 million will take the
reorganized company's stock.  Unsecured creditors with $2.7
million in claims recoup 5%, in cash.

Based in Menlo, California, ECO2 Plastics, Inc. --
http://www.eco2plastics.com/-- has developed a process, referred
to as the ECO2 Environmental System.  The ECO2 Environmental
System cleans post-consumer plastics, without the use of water,
within a closed-loop system.  At September 30, 2009, the Company
had $1.7 million in assets and $6.4 million in debts.

ECO2 Plastics filed for Chapter 11 on November 24, 2009 (N.D.
Calif. Case No. 09-33702).  Penn Ayers Butler, Esq., and Tracy
Green, Esq., at Wendel, Rosen, Black and Dean LLP, represent the
Debtor as counsel.


EMMIS COMMUNICATIONS: Commences Preferred Stock Exchange Offer
--------------------------------------------------------------
Emmis Communications Corporation has commenced an offer to
exchange any and all shares of Emmis' outstanding 6.25% Series A
Cumulative Convertible Preferred Stock for 12% PIK Senior
Subordinated Notes due 2017 at a rate of $30.00 principal amount
of New Notes for each $50.00 of liquidation preference (excluding
accrued and unpaid dividends) of Existing Preferred Stock.

A special shareholders' meeting will be held on August 3, 2010, at
6:30 p.m., local time, at One Emmis Plaza, 40 Monument Circle,
Indianapolis, Indiana 46204, for the purpose of voting on
amendments to the terms of the Existing Preferred Stock.

The Exchange Offer is scheduled to expire at 5:00 p.m., New York
City time on August 3, 2010, unless extended in accordance with
its terms, and is subject to the conditions set forth in a Proxy
Statement/Offer to Exchange dated July 6, 2010.

In addition, Emmis has been informed that JS Acquisition, Inc., an
Indiana corporation owned by Jeffrey H. Smulyan, the Chairman,
Chief Executive Officer and President of Emmis, is extending until
5:00 p.m., New York City time, on August 3, 2010, its offer to
purchase all of Emmis' outstanding shares of Class A common stock
for $2.40 per share in cash in order to coordinate the timing of
the deadlines of the JS Acquisition Tender Offer and the Exchange
Offer.

The completion of the Exchange Offer will be subject to certain
conditions including, the approval of the Proposed Amendments and
the minimum number of shares of Class A common stock, which as of
June 16, 2010 would equal 32.8% of the outstanding shares of Class
A common stock, having been validly tendered and not withdrawn in
the JS Acquisition Tender Offer.  Exchanging holders of Existing
Preferred Stock will not be entitled to receive any dividends with
respect to their exchanged shares, including unpaid dividends
accumulated to date.

The Proposed Amendments will not become effective unless two
thirds of the shares of Existing Preferred Stock are voted in
favor of the Proposed Amendments and more shares of Emmis common
stock are voted in favor of the Proposed Amendments than against.
In addition, the Proposed Amendments will not become effective
unless all conditions precedent to the completion of the Exchange
Offer (other than the adoption and effectiveness of the Proposed
Amendments) have been satisfied or waived.

The Exchange Offer is not being made to holders of shares in any
jurisdiction in which the making or acceptance thereof would not
be in compliance with the securities, blue sky or other laws of
such jurisdiction.

JS Acquisition was formed for the purpose of engaging in a going
private transaction with Emmis and has carried on no other
activities other than in connection with the tender offer, the
merger and prior potential going private transactions.  JS
Acquisition, LLC is an Indiana limited liability company that is
wholly owned by Mr. Smulyan.

A full-text copy of Emmis' Proxy Statement/Offer to
Exchange dated July 6, 2010, is available at no charge
at http://ResearchArchives.com/t/s?65fb

                            About Emmis

Headquartered in Indianapolis, Indiana, Emmis Communications
Corporation -- http://www.emmis.com/-- owns and operates radio
stations and magazine publications in the U.S. and in Europe.

At February 28, 2010, the Company had $498,168,000 in total
assets; $487,246,000 in total liabilities and $140,459,000 in
Series A Cumulative Convertible Preferred Stock; and shareholders'
deficit of $178,959,000.  At February 28, 2010, the Company had
non-controlling interests of $49,422,000 and total deficit of
$129,537,000.

As of April 15, 2010, the Company had not paid the Preferred Stock
dividend for six consecutive quarterly periods.

                           *     *     *

In April 2009, Moody's cut its corporate family rating on the
Company to 'Caa2'.

In May 2009, S&P raised its corporate credit rating on the Company
to 'CCC+'.  In June, S&P withdrew the 'CCC+' Corp. Credit Rating
at the Company's request.


EMMIS COMMUNICATIONS: CEO Smulyan Extends Tender Offer to Aug. 3
----------------------------------------------------------------
JS Acquisition, Inc., an Indiana corporation owned by Jeffrey H.
Smulyan, the Chairman, Chief Executive Officer and President of
Emmis Communications Corporation, is extending until 5:00 p.m.,
New York City time, on August 3, 2010, its offer to purchase all
of Emmis' outstanding shares of Class A Common Stock for $2.40 per
share in cash.

The tender offer was extended to coordinate the timing of the
deadlines of the Offer with those of an exchange offer commenced
by Emmis of 12% PIK Senior Subordinated Notes due 2017 for Emmis'
6.25% Series A Cumulative Convertible Preferred Stock.  The
exchange offer will also expire at 5:00 p.m., New York City time,
on August 3, 2010.

As of 5:00 p.m., New York City time, on Friday, July 2, 2010,
approximately 1,335,282 shares of Class A Common Stock have been
tendered in and not withdrawn from the Offer.

JS Acquisition was formed for the purpose of engaging in a going
private transaction with Emmis and has carried on no other
activities other than in connection with the tender offer, the
merger and prior potential going private transactions.  JS
Acquisition, LLC is an Indiana limited liability company that is
wholly owned by Mr. Smulyan.

Emmis is offering to issue up to $84,275,100 aggregate principal
amount of new 12% PIK Senior Subordinated Notes due 2017 in
exchange for any and all shares of its 6.25% Series A Cumulative
Convertible Preferred Stock, Par Value $0.01, at a rate of $30.00
principal amount of New Notes for each $50.00 liquidation
preference of Existing Preferred Stock.  Mr. Smulyan, JS
Acquisition, LLC and JS Acquisition, Inc. are deemed to be
co-bidders and offerors in the Emmis Exchange Offer.

A full-text copy of Emmis' Proxy Statement/Offer to
Exchange dated July 6, 2010, is available at no charge
at http://ResearchArchives.com/t/s?65fb

                            About Emmis

Headquartered in Indianapolis, Indiana, Emmis Communications
Corporation -- http://www.emmis.com/-- owns and operates radio
stations and magazine publications in the U.S. and in Europe.

At February 28, 2010, the Company had $498,168,000 in total
assets; $487,246,000 in total liabilities and $140,459,000 in
Series A Cumulative Convertible Preferred Stock; and shareholders'
deficit of $178,959,000.  At February 28, 2010, the Company had
non-controlling interests of $49,422,000 and total deficit of
$129,537,000.

As of April 15, 2010, the Company had not paid the Preferred Stock
dividend for six consecutive quarterly periods.

                           *     *     *

In April 2009, Moody's cut its corporate family rating on the
Company to 'Caa2'.

In May 2009, S&P raised its corporate credit rating on the Company
to 'CCC+'.  In June, S&P withdrew the 'CCC+' Corp. Credit Rating
at the Company's request.


EMMIS COMMUNICATIONS: Alden Taps Smith Mgmt for Investment Advice
-----------------------------------------------------------------
Alden Global Capital Limited, which hold 12,224,007 shares or
roughly 29.1% of the common stock of Emmis Communications
Corporation, has engaged Smith Management LLC to provide advice
regarding Alden's investment in Emmis' Class A Common Stock.

Alden Global has also established an investment committee
consisting of three individuals, which has the sole power to vote
and dispose of the Class A Common Stock, acting by majority vote.
The Investment Committee consists of Randall D. Smith, Riccardo
Gastaudo and David Dorsey, none of whom may act individually to
vote or sell the Class A Common Stock.  The Investment Committee
can only be appointed or removed by majority vote of Alden
Global's board of directors, and subject to majority approval of
the board of directors of each fund managed by Alden Global
Capital Limited.  The board of each such fund consists entirely of
individuals who are not affiliated with Alden Global.

On May 24, 2010, Jeffrey H. Smulyan, the Chairman, Chief Executive
Officer and President of Emmis, and two companies formed by him,
JS Acquisition Inc. and JS Acquisition, LLC, signed a Securities
Purchase Agreement with various entities affiliated with Alden
Global, under which Alden will provide financing for JS's bid to
take Emmis private.  The next day, Emmis signed a Merger
Agreement, which provides for a series of transactions, all of
which are conditioned upon one another:

     -- A cash tender offer by JS Acquisition for all of the
shares of Emmis Class A Common Stock for $2.40 per share in cash.
JS Acquisition has distributed to holders of Class A Common Stock
a separate Offer to Purchase with respect to the JS Acquisition
Tender Offer.

     -- An "Exchange Offer" by Emmis to issue up to
        $84.275 million of new 12% PIK Senior Subordinated Notes
        due 2017 in exchange for its existing 6.25% Series A
        Cumulative Convertible Preferred Stock, par value $0.01
        per share at a rate of $30.00 principal amount of New
        Notes for each $50.00 liquidation preference of Existing
        Preferred Stock.

     -- The solicitation of proxies with respect to a special
        meeting of the holders of Emmis Common Stock and Existing
        Preferred Stock, which will be held on August 3, 2010, at
        6:30 p.m. local time, at One Emmis Plaza, 40 Monument
        Circle, Indianapolis, Indiana 46204, to vote on proposals
        to adopt certain amendments to the terms of the Existing
        Preferred Stock, which are necessary for the completion of
        the Transactions.  The Proposed Amendments will not become
        effective unless all conditions precedent to the
        completion of the Exchange Offer have been satisfied or
        waived.

     -- If the other Transactions are completed, a merger of JS
        Acquisition with and into Emmis, in which, among other
        things, each outstanding share of Class A Common Stock
        that is not owned by JS Acquisition will be converted into
        the right to receive from Emmis $2.40 in cash, and each
        share of Existing Preferred Stock owned by anyone other
        than Alden will be converted into the right to receive
        from Emmis $5.856 in cash, which is equal to the
        conversion rate of the Existing Preferred Stock of 2.44
        shares of Class A Common Stock per share times the $2.40
        in cash per share of Class A Common Stock that is being
        offered in the JS Acquisition Tender Offer.

                            About Emmis

Headquartered in Indianapolis, Indiana, Emmis Communications
Corporation -- http://www.emmis.com/-- owns and operates radio
stations and magazine publications in the U.S. and in Europe.

At February 28, 2010, the Company had $498,168,000 in total
assets; $487,246,000 in total liabilities and $140,459,000 in
Series A Cumulative Convertible Preferred Stock; and shareholders'
deficit of $178,959,000.  At February 28, 2010, the Company had
non-controlling interests of $49,422,000 and total deficit of
$129,537,000.

As of April 15, 2010, the Company had not paid the Preferred Stock
dividend for six consecutive quarterly periods.

                           *     *     *

In April 2009, Moody's cut its corporate family rating on the
Company to 'Caa2'.

In May 2009, S&P raised its corporate credit rating on the Company
to 'CCC+'.  In June, S&P withdrew the 'CCC+' Corp. Credit Rating
at the Company's request.


ESTATES AT LUNDAY LANE: Voluntary Chapter 11 Case Summary
---------------------------------------------------------
Debtor: The Estates at Lunday Lane, LP
        P.O. Box 121
        Friendswood, TX 77549

Bankruptcy Case No.: 10-80392

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Southern District of Texas (Galveston)

Judge: Letitia Z. Paul

Debtor's Counsel: Jeffrey P. Norman, Esq.
                  Gipson & Norman
                  450 N. Texas Avenue, Suite A
                  Webster, TX 77598-4963
                  Tel: (281) 332-4800
                  Fax: (281) 332-4808
                  E-mail: jpnorman@gipsonandnorman.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

The Debtor did not file a list of its largest unsecured creditors
together with its petition.

The petition was signed by Robert E. Smith, Jr., president of
general partner.


FAIRFIELD RESIDENTIAL: Wins Approval of Reorganization Plan
-----------------------------------------------------------
Fairfield Residential LLC won confirmation of its reorganization
plan.  A hearing was held July 6.

Bill Rochelle at Bloomberg News reports that Brookfield Asset
Management Inc. is providing $180 million in new-money financing
for the plan, which includes a $19.5 million distribution for
Fairfield's unsecured creditors.  Brookfield's investment includes
working capital, a follow-on investment, a revolving credit and
$100 million as a limited partner co-investor.

The approval of the plan puts Fairfield on the path to emerging
from bankruptcy by August, according to Bankruptcy Law360.

                   About Fairfield Residential

San Diego, California-based Fairfield Residential LLC is a fully
integrated multifamily housing company that through its various
subsidiaries provides a diverse mix of services to a wide range of
investors, joint venture partners and clients.  FFR either
directly or indirectly acts as a general partner or managing
member of, and owns varying stakes in, a number of project level
operating companies.

The Company and its affiliates -- FF Development, Inc., et al. --
filed for Chapter 11 bankruptcy protection on December 13, 2009
(Bankr. D. Del. Case No. 09-14378).  Daniel J. DeFranceschi, Esq.;
Lee E. Kaufman, Esq.; Paul Noble Heath, Esq.; and Travis A.
McRoberts, Esq., at Richards, Layton & Finger, P.A., assist the
Debtors in their restructuring efforts.  The Official Committee of
Unsecured Creditors is represented by Brett H. Miller, Esq.,
Stefan W. Engelhardt, Esq., and Melissa A. Hager, Esq., at
Morrison & Foerster LLP; and William E. Chipman Jr., Esq., Kerri
K. Mumford, Esq., and Kimberly A. Brown, Esq., at Landis Rath &
Cobb LLP.  Fairfield Residential listed $100,000,001 to
$500,000,000 in assets and more than $1,000,000,000 in
liabilities.  Dow Jones says Fairfield listed assets worth
$958 million and liabilities of nearly $835 million.


FIDELITY NATIONAL: Fitch Assigns 'BB' Rating on $1.2 Bil. Notes
---------------------------------------------------------------
Fitch Ratings has assigned a 'BB' rating to Fidelity National
Information Services, Inc.'s proposed offering of $1.2 billion in
senior unsecured notes with expected maturities of seven to 10
years.

Fitch continues to rate FIS:

  -- Issuer Default Rating 'BB+';
  -- $1 billion secured revolving credit facility 'BB+';
  -- Senior secured term loan A 'BB+';
  -- Senior secured term loan B 'BB+'.

The Rating Outlook for all ratings is Stable.


FIDELITY NATIONAL: Moody's Assigns 'Ba2' Rating on $1.2 Bil. Notes
------------------------------------------------------------------
Moody's Investors Service has assigned a Ba2 rating on FIS'
(Fidelity National Information Services, Inc.) proposed
$1.2 billion unsecured Senior Notes due 2017 and 2020.
Concurrently, Moody's affirmed FIS' Ba1 corporate family and
probability-of-default ratings.  In addition, Moody's affirmed all
existing FIS instrument ratings at Ba1: the senior secured credit
facility (term loan A and revolving credit facility), the
$145 million receivable-backed revolver, and the proposed
$1.4 billion senior secured term loan B due 2016.  The rating
outlook is stable.

The company will use the proceeds from the proposed new financing
to repurchase up to $2.5 billion of its common stock.  In May
2010, FIS' Board of Directors authorized a leveraged
recapitalization plan in which FIS will repurchase up to
$2.5 billion of its common stock at a price range of between
$29.00 - $31.00 per share through a modified "Dutch auction"
tender offer.

The Ba1 CFR is supported by FIS' leading market position (along
with Fiserv, Inc. -- rated Baa2) in payment and bank processing
services, the company's recurring transaction-fee-based model
secured by long-term contracts, the high switching costs of its
core banking software and services, and the favorable outlook for
electronic payments industry growth.  At the same time, the rating
reflects FIS' high initial financial leverage from the new debt
(about 4x, not including the full benefit of anticipated cost
savings from the company's acquisition of Metavante), the
company's aggressive financial policies with regards to
acquisitions and share repurchases, and limited growth
opportunities in domestic core bank processing.

The stable outlook reflects Moody's expectation the company will
continue to generate low single digit organic revenue growth and
consistent free cash flow.  Despite the slow economic recovery and
challenging environment facing U.S. financial institutions,
Moody's expect the company's performance to remain steady over the
intermediate term given its recurring revenue stream and ongoing
customer demand for its core processing services and electronic
payment capabilities.  The outlook assumes that acquisition cost
synergies will support the company's solid free cash flow, which
will be used to meaningfully reduce debt to under 3x (Moody's
adjusted debt to EBITDA) by the end of 2011.

Rating/assessments assigned:

  -- $1.2 billion unsecured Senior Notes due 2017 and 2020 -- Ba2,
     LGD 6, 90%

Ratings affirmed/assessments revised:

* Corporate Family Rating -- Ba1

* Probability of Default Rating -- Ba1

* Speculative Grade Liquidity rating of SGL-1

* $2.4 billion Senior Secured Term Loan A due 2012 and 2014 --
  Ba1, LGD 3, 38%

* $1 billion Senior Revolving Credit Facility due 2012 and 2014 --
  Ba1, LGD 3, 38%

* $145 million receivables-backed revolver due 2013 -- Ba1, LGD 3,
  38%

* $1.4 billion Senior Secured Term Loan B due 2016 at Ba1, LGD 3,
  38%

Moody's subscribers can find additional information in the FIS'
Credit Opinion published on Moodys.com.

The latest rating action for FIS was taken on June 30, 2010, when
Moody's confirmed FIS' corporate family rating and probability of
default rating at Ba1 concluding a review for possible downgrade
initiated on May 26, 2010.  Concurrently, Moody's confirmed the
Ba1 rating on the company's existing senior secured credit
facility and the $145 million receivable-backed revolver and
assigned a Ba1 rating to the company's proposed $1.4 billion
senior secured term loan B due 2016.

FIS, headquartered in Jacksonville, Florida, provides card
issuing, core bank processing, and online bill payment services to
financial institutions.


FIRST MERCURY: Moody's Affirms 'Ba2' Long-Term Issuer Rating
------------------------------------------------------------
Moody's Investors Service has affirmed the Ba2 long-term issuer
rating of First Mercury Financial Corporation and the Baa2
insurance financial strength rating of First Mercury Insurance
Company following the group's announcement that it has entered
into a definitive agreement to purchase Valiant Insurance Group,
Inc. for approximately $55 million from Ariel Holdings, Ltd. The
outlook for the ratings has been changed to negative from stable
because of the increased underwriting leverage and execution risks
resulting from the acquisition.

Moody's noted that the acquisition of Valiant is consistent with
First Mercury's growth and diversification strategy by providing
First Mercury with access to the admitted market.  The acquisition
also expands First Mercury's resources for certain specialty
business (e.g. primary and excess casualty, professional and
management liability, and marine classes of business), which
would, in part, complement its existing business.  "The change to
a negative outlook, however, reflects the incremental pressure on
the company's capital adequacy and financial flexibility as a
result of the expansion into larger size and higher risk business
lines in a weak pricing and very competitive environment,"
commented Moody's analyst Enrico Leo.  Moody's added that -- as
with all transactions -- a level of execution and integration risk
also exists.

According to the rating agency, First Mercury's ratings reflect
the company's established position in providing general liability
insurance for the security industry, its modest catastrophe
exposure, strong profit margins in its core business, and
commission and fee income from certain subsidiaries.  These
strengths are partly offset by its modest scale, risks associated
with recent growth (both organic and via acquisitions), and the
company's focus on medium-tail casualty business -- which results
in uncertainty with respect to the adequacy of loss reserves.

Moody's noted that over the near-to-medium term, factors that
could lead to a downgrade include: 1) outsized growth in business
generated by Valiant (exceeding 20% of First Mercury's total
premium base over the coming 2 years); 2) significantly increased
underwriting leverage (gross underwriting leverage meaningfully
greater than 4x) or adjusted financial leverage (greater than
30%), or 3) failure to successfully manage the Valiant acquisition
or the current industry down-cycle.

Conversely, stable or improving financial leverage (less than 25%)
and gross underwriting leverage (under 4x), a successful
acquisition and integration of Valiant, and strong earnings
performance with interest coverage in excess of 5x, could return
the outlook to stable.

These ratings have been affirmed with a negative outlook:

* First Mercury Insurance Company -- insurance financial strength
  at Baa2;

* First Mercury Financial Corporation -- long-term issuer rating
  at Ba2;

First Mercury Financial Corporation, headquartered in Southfield,
Michigan, is the holding company for two insurance operating
companies, a wholesale insurance broker (CoverX Corporation), and
a managing general agency (American Management Corporation).  Its
insurance subsidiaries provide specialty insurance products and
services to the excess and surplus lines market in the United
States, with particular expertise in the security industry (e.g.,
security guards, etc.).  During 2009, First Mercury reported GAAP
net income of $44 million and a combined ratio of 94.9%.
Shareholders' equity was $290 million as of March 31, 2010.

The last rating action on First Mercury was on July 15, 2008, when
Moody's upgraded its long-term issuer rating to Ba2 from Ba3, as
well as the IFS rating of its insurance subsidiary to Baa2 from
Baa3.


FLYING J INC: Delaware Court Confirmed Plan of Reorganization
-------------------------------------------------------------
Paul Beebe at The Salt Lake Tribune reports that the U.S.
Bankruptcy Court for the District of Delaware confirmed the plan
of reorganization filed by Flying J Inc., setting the Company on
track to exit bankruptcy this month.  The reorganization plan
allows Flying J to repay all creditors in full in cash.

                        About Flying J Inc.

Based in Ogden, Utah, Flying J Inc. -- http://www.flyingj.com/--
is among the 20 largest private companies in America, with 2007
sales exceeding $16 billion.  The fully integrated oil company
employs approximately 14,700 people in the U.S. and Canada through
its interstate operations, transportation, refining and supply,
exploration and production, as well as its financial services and
communications, divisions.

Flying J and six of its affiliates filed for bankruptcy on
December 22, 2008 (Bankr. D. Del. Lead Case No. 08-13384).  Flying
J sought Chapter 11 protections after a precipitous drop in oil
prices and disruption in the credit markets brought to bear
significant short-term pressure on the company's liquidity
position.

Attorneys at Young Conaway Stargatt & Taylor LLP, and Kirkland &
Ellis LLP, represent the Debtors in their Chapter 11 effort.
Blackstone Advisory Services L.P. is the Debtors' investment
banker and financial advisor.  Epiq Bankruptcy Solutions LLC is
the Debtors' notice, claims and balloting agent.  In its formal
schedules submitted to the Bankruptcy Court, Flying J listed
assets of $1,433,724,226 and debts of $640,958,656.

An official committee of unsecured creditors has been appointed in
the case.  Pachulski Stang Ziehl & Jones LLP has been tapped as
counsel for the creditors' panel.


FOUNTAIN HOTEL: Case Summary & 14 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Fountain Hotel & Suites, Inc.
        dba Fountain Hotel
        3807 Houston Hwy.
        Victoria, TX 77901

Bankruptcy Case No.: 10-35588

Chapter 11 Petition Date: July 3, 2010

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Judge: Jeff Bohm

Debtor's Counsel: Jeffrey Wells Oppel, Esq.
                  Oppel Goldberg et al
                  1010 Lamar
                  Ste 1420
                  Houston, TX 77002
                  Tel: (713) 659-9200
                  E-mail: fedfilings-jwo@ogs-law.com

Scheduled Assets: $1,450,780

Scheduled Debts: $1,425,745

A list of the Company's 14 largest unsecured creditors
filed together with the petition is available for free
at http://bankrupt.com/misc/txsb10-35588.pdf

The petition was signed by Javier Mark Guerra, president.


FOUNTAIN SQUARE: Files Schedules of Assets and Liabilities
----------------------------------------------------------
Fountain Square II, Ltd., filed with the U.S. Bankruptcy Court for
the Middle District of Florida its schedules of assets and
liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property               $13,262,100
  B. Personal Property              $988,870
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $23,949,068
  E. Creditors Holding
     Unsecured Priority
     Claims                                                $0
  F. Creditors Holding
     Unsecured Non-priority
     Claims                                           $13,108
                                 -----------      -----------
        TOTAL                    $14,250,970      $23,962,176

Tampa, Florida-based Fountain Square II, Ltd., filed for Chapter
11 bankruptcy protection on May 13, 2010 (Bankr. M.D. Fla. Case
No. 10-11419).  The Company estimated its assets and debts at
$10,000,001 to $50,000,000.


GENERAL MOTORS: Has Deal to Sell Nexteer to Pacific Century Motors
------------------------------------------------------------------
General Motors and Pacific Century Motors, an entity formed by The
Tempo Group and an affiliate of the Beijing Municipal Government,
have reached an agreement for GM to sell GM Global Steering
Holdings, LLC, commonly known as Nexteer, to PCM.  Terms of the
sale were not disclosed.

The sale of the Nexteer business covers global steering and
halfshaft operations including 22 manufacturing facilities, six
engineering facilities and 14 customer support centers located in
North and South America, Europe and Asia.

"The sale of Nexteer to PCM supports our objective to focus on our
core auto business and is the final step in our efforts to
position Nexteer as an independent supplier.  The sale better
enables Nexteer to take advantage of anticipated growth in the
global auto industry with a variety of automakers," said Stephen
J. Girsky, GM vice chairman, Corporate Strategy and Business
Development. "Ultimately, it's a move we believe will make it a
more vibrant and healthier business."

The sale of Nexteer to PCM positions the company for greater
growth potential through expansion of its customer base and growth
in key emerging markets, especially in the Asia-Pacific region,
where PCM has an established presence and continues to expand in
the dynamic Chinese automotive market.

"The new ownership is a tremendously exciting opportunity for
Nexteer," said Robert J. Remenar, president of Nexteer. "Nexteer
has grown to become a global leader in steering and driveline
products, and our team will be working with the new owners to
build on this great foundation."

The transaction is expected to close by the end of the year,
pending regulatory approvals.

General Motors acquired Nexteer from supplier Delphi Corp. last
summer as part of an agreement to help Delphi, its former parts
unit, exit bankruptcy to ensure the continuous flow of parts.

Sharon Terlep at The Wall Street Journal reports that Craig
Fitzgerald, a partner with Plante & Moran, an accounting and
consulting firm in Southfield, Michigan, said that based on the
size of the company, Nexteer could become one of the largest
Chinese-owned auto suppliers with major operations in the U.S.

                     About Nexteer Automotive

Nexteer Automotive -- http://www.Nexteer.com/-- is a global
provider of advanced steering and related technology.  The company
designs, engineers, manufactures and sells electric power
steering, hydraulic power steering, steering columns and driveline
halfshafts for more than 60 automobile manufacturers and tier one
suppliers. Headquartered in Saginaw, Mich., Nexteer Automotive
employs approximately 6,200 people.

                        About E-Town/Tempo

E-Town -- http://www.bda.gov.cn/-- is a state-owned enterprise
serving as the financing and investing arm of the Beijing
Municipal Government with a focus on investing in global
technology companies. E-Town has over US$15 billion in various
credit facilities for the purpose of financing acquisitions and
providing growth capital.

Tempo is a manufacturer of complex automotive components, serving
automotive OEMs worldwide.  Tempo has emerged as a multinational
company with thousands of employees and a broad product portfolio.
The company is headquartered in Beijing, with multiple
manufacturing facilities throughout China, which produce
components and modules for chassis, powertrain and driveline
systems. Tempo has a global sales network covering North America,
Europe, Asia, and Middle East, as well as an engineering center
located in Detroit.

                       About General Motors

General Motors -- http://www.gm.com/-- one of the world's largest
automakers, traces its roots back to 1908.  With its global
headquarters in Detroit, GM employs 205,000 people in every major
region of the world and does business in some 157 countries.  GM
and its strategic partners produce cars and trucks in 31
countries, and sell and service these vehicles through the
following brands:  Buick, Cadillac, Chevrolet, GMC, Daewoo,
Holden, Jiefang, Opel, Vauxhall and Wuling.  GM's largest national
market is the United States, followed by China, Brazil, Germany,
the United Kingdom, Canada, and Italy.  GM's OnStar subsidiary is
the industry leader in vehicle safety, security and information
services. General Motors acquired operations from General Motors
Corporation on July 10, 2009, and references to prior periods in
this and other press materials refer to operations of the old
General Motors Corporation.


GENERAL MOTORS: Spyker Completes $74 Million Saab Purchase
----------------------------------------------------------
American Bankruptcy Institute reports that the Netherlands' Spyker
Cars NV said Monday that it got its $74 million acquisition of
iconic Swedish rival Saab Automobile AB to the finish line two
weeks early.

                         About General Motors

With its global headquarters in Detroit, Michigan, General Motors
Company -- http://www.gm.com/-- is one of the world's largest
automakers.  GM employs 207,000 people in every major region of
the world and does business in some 140 countries.  GM and its
strategic partners produce cars and trucks in 34 countries, and
sell and service these vehicles through the following brands:
Buick, Cadillac, Chevrolet, FAW, GMC, Daewoo, Holden, Opel,
Vauxhall and Wuling. GM's largest national market is the United
States, followed by China, Brazil, Germany, the United Kingdom,
Canada, and Italy.  GM's OnStar subsidiary is the industry leader
in vehicle safety, security and information services.

GM acquired its operations from General Motors Company, n/k/a
Motors Liquidation Company, on July 10, 2009, pursuant to a sale
under Section 363 of the Bankruptcy Code.  Motors Liquidation or
Old GM is the subject of a pending Chapter 11 reorganization case
before the U.S. Bankruptcy Court for the Southern District of New
York.

At March 31, 2010, GM had US$136.021 billion in total assets,
total liabilities of US$105.970 billion and preferred stock of
US$6.998 billion, and non-controlling interests of US$814 million,
resulting in total equity of US$23.053 billion.

                   About Motors Liquidation

General Motors Corporation and three of its affiliates filed for
Chapter 11 protection on June 1, 2009 (Bankr. S.D.N.Y. Lead Case
No. 09-50026).  General Motors changed its name to Motors
Liquidation Co. following the sale of its key assets to a company
60.8% owned by the U.S. Government.

The Honorable Robert E. Gerber presides over the Chapter 11 cases.
Harvey R. Miller, Esq., Stephen Karotkin, Esq., and Joseph H.
Smolinsky, Esq., at Weil, Gotshal & Manges LLP, assist the Debtors
in their restructuring efforts.  Al Koch at AP Services, LLC, an
affiliate of AlixPartners, LLP, serves as the Chief Executive
Officer for Motors Liquidation Company.  GM is also represented by
Jenner & Block LLP and Honigman Miller Schwartz and Cohn LLP as
counsel.  Cravath, Swaine, & Moore LLP is providing legal advice
to the GM Board of Directors.  GM's financial advisors are Morgan
Stanley, Evercore Partners and the Blackstone Group LLP.

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


GENTIVA HEALTH: SEC Investigation Won't Affect Moody's Ratings
--------------------------------------------------------------
Moody's commented that there is no impact to Gentiva Health
Services Inc's ratings following the announced SEC investigation
into two of the four large publicly traded home health companies,
Amedisys and Almost Family.

The last rating action was on June 28, 2010, when Moody's
confirmed the Ba3 Corporate Family Rating and rated the new
capital structure that will be used to finance the acquisition of
Odyssey HealthCare.

Gentiva's ratings were assigned by evaluating factors Moody's
believe are relevant to the credit profile of the issuer, such as
i) the business risk and competitive position of the company
versus others within its industry, ii) the capital structure and
financial risk of the company, iii) the projected performance of
the company over the near to intermediate term, and iv)
management's track record of tolerance for risk.  These attributes
were compared against other issuers both within and outside of
Gentiva's core industry and Gentiva's ratings are believed to be
comparable to those other issuers of similar credit risk.

Gentiva is a leading provider of home health and hospice services
in the US.  The company offers direct home nursing and therapies,
including specialty programs, as well as hospice care.  Gentiva
reported revenues of over $1 billion for the twelve months ended
April 4, 2010.


GEO GROUP: S&P Affirms Corporate Credit Rating at 'BB-'
-------------------------------------------------------
Standard & Poor's Ratings Services said it affirmed all of its
ratings on private correctional facility operator The GEO Group
Inc., including the 'BB-' corporate credit rating, and assigned
its 'BB+' issue rating to the company's proposed $750 million bank
credit facility.  The recovery rating on the proposed bank
facility is '1', indicating that lenders could expect very high
(90% to 100%) recovery in the event of a payment default or
bankruptcy.

S&P affirmed the 'BB-' issue rating on the $250 million senior
unsecured notes and the recovery rating on the notes remains '4',
indicating that lenders could expect average (30% to 50%) recovery
in the event of a payment default or bankruptcy.  The outlook is
stable.

The ratings are based on preliminary terms and assume the proposed
acquisition and financing structure close on substantially the
same terms as presented to us.  After the proposed transactions
close, S&P expects to withdraw the 'BB+' rating on GEO's existing
$695 million bank credit facility.  In addition, S&P expects
substantially all of Cornell Cos.  Inc.'s (B+/Watch Pos/--) debt,
with the exception of the Municipal Correctional Finance L.P.
special-purpose bonds, to be refinanced at closing.  Once the
acquisition is completed, S&P expects to raise Cornell's ratings
to 'BB-', and then subsequently withdraw the ratings.  Pro forma
for the proposed transactions, total debt outstanding at GEO is
about $1 billion.

"The rating action reflects S&P's belief that GEO's competitive
position will improve following the Cornell acquisition and that
some cost synergies are likely," said Standard & Poor's credit
analyst Jerry Phelan, "despite a weakening of pro forma credit
measures, acquisition integration risk, and the addition of
Cornell's small but less attractive juvenile business."


GLEBE INC: Court Extends Filing of Schedules Until July 28
----------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Virginia has
extended, at the behest of The Glebe, Inc., the filing of the
schedules of assets and liabilities and statement of financial
affairs until July 28, 2010.

The Debtor had asked for a 30-day extension, through and including
August 11, 2010.

The Debtor said that due to the complexity of its business
operations and given the competing demands upon the Debtor's
management by the commencement of this Chapter 11 case, it will be
unable to complete its schedules and Statement of financial
affairs by the statutory 14-day deadline.

Daleville, Virginia-based The Glebe, Inc., filed for Chapter 11
bankruptcy protection on June 28, 2010 (Bankr. W.D. Va. Case No.
10-71553).  Michael E. Hastings, Esq., at Leclair Ryan, A
Professional Corporation, assists the Company in its restructuring
effort.  The Company listed $10,000,001 to $50,000,000 in assets
and $50,000,001 to $100,000,000 in liabilities.


GLEBE INC: Gets Interim Okay to Use Cash Collateral
---------------------------------------------------
The Glebe, Inc., sought and obtained authority from the U.S.
Bankruptcy Court for the Western District of Virginia to use the
cash collateral securing its obligation to its prepetition
lenders.

Prior to the Petition Date, the Debtor borrowed the principal sum
of $55,540,000 from the Industrial Development Authority of
Roanoke County, Virginia, pursuant to a Loan Agreement, a
Promissory Note and a Deed of Trust and Security Agreement, each
dated as of December 15, 2003, such funds being the proceeds of
the sale of those certain Industrial Development Authority of
Roanoke County, Virginia Residential Care Facility Revenue Bonds
(The Glebe, Inc.) which are governed by a Master Trust Indenture
and an Indenture of Trust, each dated as of December 15, 2003.
The Bonds are secured by a security interest in substantially all
of the Debtor's assets, including the Debtor's real estate,
accounts receivable, deposit accounts, inventory and other liquid
or semi-liquid funds.  U.S. Bank National Association serves as
the Trustee under the Bond Documents, and the Bonds are widely
held by retail and commercial investors.

In the operation of its business in the ordinary course, the
Debtor collects receivables.  Much of the proceeds of the
Collateral are cash or cash equivalent.

Michael E. Hastings, Esq., at LeClairRyan, A Professional
Corporation, an attorney for the Debtor, explained that the Debtor
needs the money to fund its Chapter 11 case, pay suppliers and
other parties.  The Debtor will use the collateral pursuant to a
budget, a copy of which is available for free at:

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

In exchange for using the cash collateral, the Debtors grant the
Bond Trustee a first priority security interest and lien on any
and all accounts receivable and cash generated by and/or received
by the Debtor post-petition that it doesn't already have a first
priority security interest and lien on pursuant to the Bond
Documents, solely to the extent of any diminution in the value of
the cash collateral as of the Petition Date.

The Court has set a final hearing for July 21, 2010, at 2:00 p.m.
on the Debtor's request to use cash collateral.

Daleville, Virginia-based The Glebe, Inc., filed for Chapter 11
bankruptcy protection on June 28, 2010 (Bankr. W.D. Va. Case No.
10-71553).  Michael E. Hastings, Esq., at Leclair Ryan, A
Professional Corporation, assists the Company in its restructuring
effort.  The Company listed $10,000,001 to $50,000,000 in assets
and $50,000,001 to $100,000,000 in liabilities.


GLEBE INC: Section 341(a) Meeting Scheduled for August 3
--------------------------------------------------------
The U.S. Trustee for Region 4 will convene a meeting of The Glebe,
Inc.'s creditors on August 3, 2010, at 3:00 p..m.  The meeting
will be held at cr mtg, ROA, First Campbell Square, Room 120, 210
First Street, S.W., Roanoke, VA 24011.

This is the first meeting of creditors required under Section
341(a) of the U.S. Bankruptcy Code in all bankruptcy cases.
All creditors are invited, but not required, to attend. This
Meeting of Creditors offers the one opportunity in a bankruptcy
proceeding for creditors to question a responsible office of the
Debtor under oath about the company's financial affairs and
operations that would be of interest to the general body of
creditors.

Daleville, Virginia-based The Glebe, Inc., filed for Chapter 11
bankruptcy protection on June 28, 2010 (Bankr. W.D. Va. Case No.
10-71553).  Michael E. Hastings, Esq., at Leclair Ryan, A
Professional Corporation, represents the Company in its
restructuring effort.  The Company listed $10,000,001 to
$50,000,000 in assets and $50,000,001 to $100,000,000 in
liabilities.


GLEBE INC: Wants to Hire American Legal as Claims Agent
-------------------------------------------------------
The Glebe, Inc., has sought permission from the U.S. Bankruptcy
Court for the Western District of Virginia to employ American
Legal Claim Services, LLC, as noticing, claims and balloting
agent.

ALCS will, among other things:

     a. prepare and serve notices in the Debtor's Chapter 11 case;

     b. file with the Clerk's office a certificate or affidavit of
        service that includes a copy of the notice involved, a
        list of persons to whim the notice was mailed and the date
        and manner of mailing;

     c. maintain an official claims register;

     d. provide access to the public for examination of copies of
        the proofs of claim without charge during regular business
        hours.

American Legal will be compensated for its services based on its
service agreement with the Debtor.  A copy of the agreement is
available for free at:

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

Jeffrey L. Pirrung, executive director of American Legal, assures
the Court that the firm is a "disinterested person," as that term
is defined in section 101(14) of the Bankruptcy Code, as modified
by section 1107(b) of the Bankruptcy Code.

Daleville, Virginia-based The Glebe, Inc., filed for Chapter 11
bankruptcy protection on June 28, 2010 (Bankr. W.D. Va. Case No.
10-71553).  Michael E. Hastings, Esq., at Leclair Ryan, A
Professional Corporation, assists the Company in its restructuring
effort.  The Company listed $10,000,001 to $50,000,000 in assets
and $50,000,001 to $100,000,000 in liabilities.


GLEBE INC: Wants to Hire LeClairRyan as Bankruptcy Counsel
----------------------------------------------------------
The Glebe, Inc., has asked for authorization from the U.S.
Bankruptcy Court for the Western District of Virginia to employ
LeClairRyan, A Professional Corporation, as bankruptcy counsel,
nunc pro tunc to the Petition Date.

LeClairRyan will, among other things:

     a. prepare applications, motion, answers, orders, reports,
        and other legal papers;

     b. appear in Court on behalf of the Debtor and in order to
        protect the interests of the Debtor before the Court;

     c. prepare and pursue approval of a disclosures statement and
        confirmation of a plan; and

     d. perform other legal services for the Debtor that may be
        necessary and proper in this proceedings.

LeClairRyan will be paid based on the hourly rates of its
personnel:

        Michael E. Hastings                $425
        William E. Callahan, Jr.           $375
        Christopher L. Perkins             $345
        Brandy M. Rapp                     $225
        Kim Doss-Knicely                   $110

Michael E. Hasings, Esq., at LeClairRyan, assures the Court that
the firm is a "disinterested person," as that term is defined in
section 101(14) of the Bankruptcy Code, as modified by section
1107(b) of the Bankruptcy Code.

Daleville, Virginia-based The Glebe, Inc., filed for Chapter 11
bankruptcy protection on June 28, 2010 (Bankr. W.D. Va. Case No.
10-71553).  The Company listed $10,000,001 to $50,000,000 in
assets and $50,000,001 to $100,000,000 in liabilities.


GLEBE INC: Wants Protiviti as Financial Advisor
-----------------------------------------------
The Glebe, Inc., has sought permission from the U.S. Bankruptcy
Court for the Western District of Virginia to employ Protiviti
Inc. as financial advisor nunc pro tunc to the Petition Date.

Protiviti will, among other things:

     a. prepare cash flow projections, liquidation analyses and
        other financial reports that will support and facilitate
        the restructuring;

     b. prepare the schedules of assets and liabilities and the
        statement of financial affairs;

     c. prepare monthly operating repots and other data requests
        or reporting requirements of the U.S. Trustee for the
        Western District of Virginia; and

     d. develop a database of executor contracts and unexpired
        leases and calculating cure and rejection claim amounts.

Guy A. Davis, managing director of Protiviti, says that the firm
will be paid based on the hourly rates of its personnel:

        Guy A. Davis, Managing Director              $505
        Suzanne B. Roski, Managing Director          $475
        Jason Crockett, Associate Director           $340
        Kayla Campbell, Consultant                   $190
        Meghan Grant, Consultant                     $190
        Managing Directors                        $475 to $505
        Directors & Associate Directors              $340
        Senior Consultants & Managers                $240
        Consultants                                  $190
        Administrative                                $90

Mr. Davis assures the Court that Protiviti is a "disinterested
person," as that term is defined in section 101(14) of the
Bankruptcy Code, as modified by section 1107(b) of the Bankruptcy
Code.

Daleville, Virginia-based The Glebe, Inc., filed for Chapter 11
bankruptcy protection on June 28, 2010 (Bankr. W.D. Va. Case No.
10-71553).  Michael E. Hastings, Esq., at Leclair Ryan, A
Professional Corporation, assists the Company in its restructuring
effort.  The Company listed $10,000,001 to $50,000,000 in assets
and $50,000,001 to $100,000,000 in liabilities.


GLENN MANIGAULT: Section 341(a) Meeting Scheduled for August 4
--------------------------------------------------------------
The U.S. Trustee for Region 2 will convene a meeting of the
creditors of Glenn L. Manigault Jr. and Angela D. Manigault on
August 4, 2010, at 2:00 p..m.  The meeting will be held at the
Office of the United States Trustee, 355 Main Street,
Poughkeepsie, NY 12601.

This is the first meeting of creditors required under Section
341(a) of the U.S. Bankruptcy Code in all bankruptcy cases.
All creditors are invited, but not required, to attend. This
Meeting of Creditors offers the one opportunity in a bankruptcy
proceeding for creditors to question a responsible office of the
Debtor under oath about the company's financial affairs and
operations that would be of interest to the general body of
creditors.

Highland Mills, New York-based Glenn L. Manigault, Jr., and Angela
D. Manigault -- aka Angela D. Simpson-Manigault and Angela D.
Simpson -- filed for Chapter 11 bankruptcy protection on June 26,
2010 (Bankr. S.D.N.Y. Case No. 10-36936).  Anne J. Penachio, Esq.,
at Penachio Malara LLP, represents the Debtors in their
restructuring effort.  The Debtors estimated their assets and
debts at $10,000,001 to $50,000,000.


GRANT LEARNED: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Joint Debtors: Grant L. Learned, Jr.
               Keri Learned
               1512 3rd Ave W
               Seattle, WA 98119

Bankruptcy Case No.: 10-17695

Chapter 11 Petition Date: July 1, 2010

Court: United States Bankruptcy Court
       Western District of Washington (Seattle)

Judge: Samuel J. Steiner

Debtor's Counsel: Christopher F. Dale, Esq.
                  Crocker Kuno PLLC
                  720 Olive Way, Suite 1000
                  Seattle, WA 98101
                  Tel: (206) 624-9894
                  E-mail: cdale@crockerkuno.com

Estimated Assets: $500,001 to $1,000,000

Estimated Debts: $1,000,001 to $10,000,000

A list of the Company's 20 largest unsecured creditors
filed together with the petition is available for free
at http://bankrupt.com/misc/wawb10-17695.pdf

The petition was signed by Grant L. Learned, Jr. and Keri Learned.

Debtor-affiliates that filed separate Chapter 11 petitions:

                                                 Petition
   Debtor                              Case No.     Date
   ------                              --------     ----
312 E Olive Pl. LLC                    10-14888    04/29/10
Learned Family LLC                     10-14883    04/29/10


HUTTON BROWN: Voluntary Chapter 11 Case Summary
-----------------------------------------------
Debtor: Hutton Brown Hebron, LLC
        1612 Thomas Lane
        Carrollton, TX 75010

Bankruptcy Case No.: 10-42246

Chapter 11 Petition Date: July 5, 2010

Court: United States Bankruptcy Court
       Eastern District of Texas (Sherman)

Debtor's Counsel: D. Kristine Skocpol-Saleh, Esq.
                  1509 Shepherd Lane
                  Carrollton, TX 75007
                  Tel: (469) 285-4926
                  Fax: (877) 354-2117
                  E-mail: kristine.skocpol@gmail.com

Estimated Assets: 1,000,001 to $10,000,000

Estimated Debts: 1,000,001 to $10,000,000

The Company did not file a list of creditors together with its
petition.

The petition was signed by George Brown, manager and
secretary/treasurer.


HYON BAHK: Case Summary & 12 Largest Unsecured Creditors
--------------------------------------------------------
Joint Debtors: Hyon Sang Bahk
               aka Patrick H. Bahk
               Hyonja Sim Bahk
               6319 167th Avenue SE
               Bellevue, WA 98006

Bankruptcy Case No.: 10-17700

Chapter 11 Petition Date: July 1, 2010

Court: United States Bankruptcy Court
       Western District of Washington (Seattle)

Judge: Karen A. Overstreet

Debtor's Counsel: Dallas W. Jolley, Esq.
                  4707 S Junett St Ste B
                  Tacoma, WA 98409
                  Tel: (253) 761-8970
                  E-mail: jolleypatricia@yahoo.com

Scheduled Assets: $747,400

Scheduled Debts: $1,425,382

A list of the Company's 12 largest unsecured creditors
filed together with the petition is available for free
at http://bankrupt.com/misc/wawb10-17700.pdf

The petition was signed by Hyon Sang Bahk and Hyonja Sim Bahk.


IESI-BFC LTD: Waste Services Merger Cues Moody's to Affirm Ratings
------------------------------------------------------------------
Moody's Investors Service affirmed all of its debt ratings of
IESI-BFC Ltd. following the company's announcement on July 2,
2010, that it completed the previously announced merger with Waste
Services, Inc.  The Corporate Family, Probability of Default and
first lien senior secured ratings are each Ba2.  The Speculative
Grade Liquidity Rating is SGL-2.  Contemporaneous with the
merger's closing, IESI-BFC executed the amended and restated
$950 million first lien senior secured bank credit facility.
Moody's withdrew its Ba2 ratings on the predecessor first lien
senior secured bank credit facility of IESI Corporation, the
direct U.S. subsidiary of IESI-BFC, as this facility has been
replaced by the New Credit Facility.

Moody's also withdrew all of its ratings of Waste Services, Inc.
The withdrawal concludes the review for upgrade of Waste Services
ratings initiated on November 12, 2009, upon the announcement by
the companies of their intent to merge.  Drawings under the New
Credit Facility funded the payoff of Waste Services outstanding
U.S. denominated debt, including the 9.5% Senior Subordinated
Notes, rated Caa1 just prior to the withdrawal, as well as the
amounts outstanding under IESI's former credit facility.  IESI-BFC
also entered into an amended and restated Canadian first lien bank
credit facility (not rated); drawings on this facility were used
to repay outstanding drawings under its existing, and Waste
Services', Canadian dollar bank credit facilities.

The last rating action on IESI-BFC was on May 5, 2010, when
Moody's transferred the family ratings of IESI Corporation to
IESI-BFC, upgraded all of its ratings on the family to Ba2 from
B1, and assigned a (P) Ba2 rating to the New Credit Facility.  The
last rating action on Waste Services was on November 12, 2009 when
all of its ratings were placed on review for possible upgrade.

Issuer: IESI Corporation

Assignments:

  -- Senior Secured Bank Credit Facility, Assigned Ba2

Withdrawals:

  -- Senior Secured Bank Credit Facility, Withdrawn, previously
     rated Ba2, LGD3, 42%

Issuer: Waste Services (CA) Inc.

Outlook Actions:

  -- Outlook, Changed To Rating Withdrawn From Rating Under Review

Withdrawals:

  -- Senior Secured Bank Credit Facility, Withdrawn, previously
     rated Ba3, LGD2, 27%

Issuer: Waste Services, Inc.

Outlook Actions:

  -- Outlook, Changed To Rating Withdrawn From Rating Under Review

Withdrawals:

  -- Probability of Default Rating, Withdrawn, previously rated B2

  -- Speculative Grade Liquidity Rating, Withdrawn, previously
     rated SGL-3

  -- Corporate Family Rating, Withdrawn, previously rated B2

  -- Senior Subordinated Regular Bond/Debenture, Withdrawn,
     previously rated Caa1, LGD5, 78%

  -- Senior Secured Bank Credit Facility, Withdrawn, previously
     rated Ba3, LGD2, 23%

IESI Corporation, based in Fort Worth, TX, is a vertically
integrated provider of non-hazardous solid waste management
services, serving eleven southern and northeastern U.S. states.
IESI is a wholly-owned subsidiary of IESI-BFC Ltd.

IESI-BFC Ltd., headquartered in Toronto, Ontario, Canada, through
its operating subsidiaries, provides vertically integrated non-
hazardous solid waste services to commercial, industrial,
municipal and residential customers in Canada and the south and
northeast U.S.

Waste Services, Inc., headquartered in Burlington, Ontario,
Canada, is a vertically integrated provider of solid waste
management services.  The company operates in the U.S. in central
and southern Florida and in Canada in Ontario, Alberta,
Saskatchewan and British Columbia.


JAMESTOWN LLC: U.S. Trustee Unable to Form Creditors Committee
--------------------------------------------------------------
The Office of the U.S. Trustee for Region 13 notified the U.S.
Bankruptcy Court for the Western District of Missouri that it was
unable to appoint an official committee of unsecured creditors in
the Chapter 11 case of Jamestown, LLC.

The U.S. Trustee explained that there were insufficient
indications of willingness from the unsecured creditors to serve
in the committee.

The U.S. Trustee reserves the right to appoint a committee if
interest develop among the creditors.

Springfield, Missouri-based Jamestown, LLC, filed for Chapter 11
bankruptcy protection on May 17, 2010 (Bankr. W.D. Mo. Case No.
10-61187).  M. Brent Hendrix, Esq., who has an office in
Springfield, Missouri, assists the Company in its restructuring
effort.  According to the schedules, the Company says that assets
total $15,700,000 while debts total $8,471,000.


JERRY SAXTON: Voluntary Chapter 11 Case Summary
-----------------------------------------------
Joint Debtors: Jerry Dean Saxton
               Katie Elizabeth Saxton
                 aka Katie E. Heinen
               P.O. Box 94210
               Southlake, TX 76092
               Tel: (214) 793-1629

Bankruptcy Case No.: 10-44412

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Northern District of Texas (Ft. Worth)

Judge: Russell F. Nelms

Debtor's Counsel: Sidney Ravkind, Esq.
                  Loya & Associates, P.C.
                  12500 Melville Dr. Bill
                  Montgomery, TX 77356
                  Tel: (936) 448-4585

Estimated Assets: $500,001 to $1,000,000

Estimated Debts: $1,000,001 to $10,000,000

The Debtor did not file a list of its largest unsecured creditors
together with its petition.

The petition was signed by the Joint Debtors.


JOHN KUHNI: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: John Kuhni Sons, Inc.
        P.O. Box 15
        Nephi, UT 84648

Bankruptcy Case No.: 10-29038

Chapter 11 Petition Date: July 3, 2010

Court: United States Bankruptcy Court
       District of Utah (Salt Lake City)

Judge: R. Kimball Mosier

Debtor's Counsel: T. Edward Cundick, Esq.
                  Prince, Yeates & Geldzahler
                  175 East 400 South
                  9th Floor
                  Salt Lake City, UT 84111
                  Tel: (801) 524-1000
                  Fax: (801) 524-1098
                  E-mail: tec@princeyeates.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

A list of the Company's 20 largest unsecured creditors filed
together with the petition is available for free at
http://bankrupt.com/misc/utb10-29038.pdf

The petition was signed by Jeff Kuhni, chief financial officer.


K-V PHARMACEUTICAL: Elects New Member to Board of Directors
-----------------------------------------------------------
K-V Pharmaceutical Company disclosed that Dr. David Sidransky was
appointed as a new independent member of the Board of Directors by
the K-V Pharmaceutical Company Board of Directors.

Dr. Sidransky replaces Mr. John Sampson, whose resignation from
the Board was effective upon Dr. Sidransky's appointment.

Mr. Joseph Lehrer, Chairman of the Board's Nominating and
Corporate Governance Committee, stated, "The Board is extremely
honored and pleased to announce the appointment of Dr. David
Sidransky to K-V's Board.  Dr. Sidransky's wealth of experience as
a respected doctor and research scientist, together with his
extensive pharmaceutical experience as an entrepreneur, executive,
and Board member, will enhance our Board's collective knowledge,
wisdom and stature.  Dr. Sidransky's membership on our Board, in
conjunction with other recent changes to K-V's Board and the
incumbent continuing directors, positions the Board and senior
management of the Company to successfully pursue its strategic
initiatives of complete and thorough regulatory compliance,
impeccable quality assurance systems and long term financial
success."

Dr. Sidransky stated, "I am excited about my appointment to the
Board of Directors and to be joining a Board that is fully
committed to the future success of the Company and exemplary
corporate governance.  I look forward to working with the Board
and alongside management to move the Company forward while further
creating a positive atmosphere and a great turnaround story."

                       Dr. David Sidransky

Dr. Sidransky is a renowned oncologist and research scientist
named and profiled by TIME Magazine in 2001 as one of the top
physicians and scientists in America, recognized for his work with
early detection of cancer.  He is Professor of Oncology,
Otolaryngology, Cellular & Molecular Medicine, Urology, Genetics
and Pathology at John Hopkins University and Hospital.  Dr.
Sidransky has written over 400 peer-reviewed publications, and has
contributed to more than 40 cancer reviews and chapters.  Dr.
Sidransky is a founder of a number of biotechnology companies and
holds numerous biotechnology patents.  He has been the recipient
of many awards and honors, including the 1997 Sarstedt
International prize from the German Society of Clinical Chemistry,
1998 Alton Ochsner Award Relating Smoking and Health by the
American College of Chest Physicians, and the 2004 Hinda Rosenthal
Award presented by the American Association of Cancer Research.

Dr. Sidransky is serving and has served on the scientific advisory
boards of MedImmune, Roche, Amgen and Veridex, LLC (a Johnson &
Johnson diagnostic company), among others. Dr. Sidransky served as
Director (2005-2008) of the American Association for Cancer
Research (AACR).  He was the chairperson of two AACR International
Conferences on "Molecular Diagnostics in Cancer Therapeutic
Development: Maximizing Opportunities for Individualized
Treatment".

Dr. Sidransky also has extensive experience as a member of the
boards of directors of a number of corporations, many of which
were publicly traded corporations.  Dr. Sidransky served as a
member of ImClone Systems, Inc., from 2004 until its acquisition
by Eli Lilly in a $6.5 billion merger transaction.  While at
ImClone, Dr. Sidransky was elected as Vice Chairman of the Board
of Directors and served as the Chairman of the Research and
Development Oversight Committee of the Board, as well as serving
on its Compensation and Executive Committees.  Dr. Sidransky also
serves as the Chairman of the Board of Alfacell (recently renamed
Tamir Biotechnology), and serves on the Board of Directors of
Rosetta Genomics. Dr. Sidransky founded, and is the Chairman of
the Board of Champions Biotechnology, Inc. In addition, Dr.
Sidransky served on the Boards of Directors of Xenomics and was a
founder of Response Genetics and Oncomethylome Sciences.

Dr. Sidransky is certified in Internal Medicine and Medical
Oncology by the American Board of Medicine. D r. Sidransky
received his B.A. from Brandeis University and his M.D. from the
Baylor College of Medicine.

                      About K-V Pharmaceutical

Bridgeton, Missouri-based K-V Pharmaceutical Company (NYSE:
Kva/KVb) -- http://www.kvpharmaceutical.com/-- is a fully
integrated specialty pharmaceutical company that develops,
manufactures, markets, and acquires technology-distinguished
branded prescription pharmaceutical products.  The Company markets
its technology-distinguished products through Ther-Rx Corporation,
its branded drug subsidiary.

The Company's balance sheet at December 31, 2009, showed
$584.5 million in assets, $440.9 million of liabilities, and
$143.6 million of shareholders' equity.


KALIKA BOWMAN: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Joint Debtors: Kalika C Bowman
               Monica Bowman
               P.O. Box 1288
               Santa Cruz, CA 95061

Bankruptcy Case No.: 10-56931

Chapter 11 Petition Date: July 3, 2010

Court: U.S. Bankruptcy Court
       Northern District of California (San Jose)

Judge: Arthur S. Weissbrodt

Debtor's Counsel: Shawn R. Parr, Esq.
                  Parr Law Group, PC
                  1625 The Alameda #101
                  San Jose, CA 95125
                  Tel: (408) 267-4500
                  E-mail: shawn@parrlawgroup.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

A copy of the Joint Debtors' list of 20 largest unsecured
creditors filed together with the petition is available for free
at http://bankrupt.com/misc/canb10-56931.pdf

The petition was signed by the Joint Debtors.


KMAC CONSTRUCTION: Voluntary Chapter 11 Case Summary
----------------------------------------------------
Debtor: KMAC Construction Services, Inc.
        14940 Judson Road
        San Antonio, TX 78233

Bankruptcy Case No.: 10-52511

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Western District of Texas (San Antonio)

Judge: Leif M. Clark

Debtor's Counsel: Oscar L. Cantu, Jr., Esq.
                  1804 W. Martin
                  San Antonio, TX 78207
                  Tel: (210) 846-0356

Estimated Assets: $100,001 to $500,000

Estimated Debts: $1,000,001 to $10,000,000

The Debtor did not file a list of its largest unsecured creditors
together with its petition.

The petition was signed by Kevin McIntyre, president KMAC CS Inc.


KSK PARK: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------
Debtor: KSK Park Central, LLC
        8102 Lyndon B. Johnson Fwy
        Dallas, TX 75251
        Tel: (214) 669-5567

Bankruptcy Case No.: 10-34616

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Northern District of Texas (Dallas)

Judge: Barbara J. Houser

Debtor's Counsel: Patrick Wright, Esq.
                  Law Office of Patrick Wright
                  10888 Shady Trail
                  Dallas, TX 75220
                  Tel: (214) 745-1080
                  Fax: (214) 745-1140
                  E-mail: patrick@wrightfirm.com

Scheduled Assets: $4,219,800

Scheduled Debts: $4,625,599

A list of the Company's 20 largest unsecured creditors
filed together with the petition is available for free
at http://bankrupt.com/misc/txnb10-34616.pdf

The petition was signed by Joe Yoon, general manager.


LAVISTA PARTNERS: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: LaVista Partners, L.P.
        2703 Swisher, Office Suite
        Austin, TX 78705

Bankruptcy Case No.: 10-11842

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Western District of Texas (Austin)

Judge: Craig A. Gargotta

Debtor's Counsel: Eric J. Taube, Esq.
                   E-mail: erict@hts-law.com
                  Mark Curtis Taylor, Esq.
                   E-mail: markt@hts-law.com
                  Hohmann Taube & Summers, LLP
                  100 Congress Ave, Suite 1800
                  Austin, TX 78701
                  Tel: (512) 472-5997
                  Fax: (512) 472-5248

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $10,000,001 to $50,000,000

A list of the Company's 20 largest unsecured creditors
filed together with the petition is available for free
at http://bankrupt.com/misc/txwb10-11842.pdf

The petition was signed by H.M. Pike Jr., manager of general
partner.


LEHMAN BROTHERS: Facing Objections to Reorganization Plan
---------------------------------------------------------
A group of creditors, led by the California Public Employees'
Retirement System, holding $15.5 billion in claims against Lehman
Brothers Holdings Inc. has opposed the Company's Chapter 11 plan
of reorganization complaining it could cause conflict among
creditors.

Other members of the ad hoc group are Canyon Capital Advisors
LLC, Fiduciary Counselors Inc., Fir Tree, Inc., Fortress Credit
Opportunities Advisors LLC, Gruss Asset Management L.P., King
Street Capital Management L.P., Owl Creek Asset Management LP,
Paulson & Co. Inc., San Mateo County, Taconic Capital Advisors
L.P. and Western Asset Management Company.

The group, represented by Gerard Uzzi, Esq., at White & Case LLP,
in New York, argues that the Plan establishes a pot of assets for
distribution and pits creditors of the various estates against
each other in the distribution of the assets.  The "plan's
proposed allocation of value within the individual debtor estates
is seriously flawed," he adds.

LBHI filed in April a restructuring plan, together with a
disclosure statement, which includes intercompany settlements and
constitutes 23 distinct Chapter 11 plans applying to each of the
Lehman units that are in bankruptcy.  The Plan provides that
allowed claims against a particular debtor will be paid from the
assets of that debtor.  Under the proposed plan, general
unsecured creditors of LBHI would likely recover 10.4 cents to
14.7 cents on the dollar for their claims while unsecured
creditors of the company's commercial paper unit would likely
recover between 29 cents and 44 cents on the dollar.  Unsecured
creditors of LBHI's special finance unit, meanwhile, would likely
recover between 22 cents and 24 cents on the dollar, according to
a June 29, 2010 report by The Wall Street Journal.

The proposed restructuring plan would also allow creditors to
enforce guarantees where one Lehman unit, guaranteed debt owed by
a subsidiary.  Hence, a creditor could collect twice on the debt
but not more than the amount owed, according to a report by
Bloomberg News.

The group argues that LBHI's creditors stand to fare better if
its units in bankruptcy are substantively consolidated for
purposes of the distribution.

In substantive consolidation, guarantee claims are not
recognized, all assets of the companies are thrown into one pot
and their unsecured creditors receive same treatment, Mr. Uzzi
points out.

The ad hoc group proposes changes to the disclosure statement to
explain how much LBHI's creditors would recover if the Lehman
units were treated as a single company or substantively
consolidated.  Among others, the group wants the Court to
establish a comprehensive plan for conducting discovery with
respect to inter-debtor issues in the event that the settlements
proposed in the Plan are rejected and the creditors themselves
are forced to pursue litigation.

The group also criticizes the proposed settlement in the
restructuring plan complaining that the settlement, which puts a
cap of $21.2 billion on intercompany claims, is illusory since
the allowed amount of those claims won't exceed $21.2 billion.
The intercompany claims purportedly "arise under previously
undisclosed board resolutions and intercompany agreements," Mr.
Uzzi points out.

The ad hoc group asks Judge James Peck of the U.S. Bankruptcy
Court for the Southern District of New York to hold a status
conference on July 14, 2010, to address how disputes over the
disclosure statement should be handled.  It also asked the
bankruptcy judge to set up a schedule for pre-trial discovery in
advance of hearing on the restructuring plan and the disclosure
statement.

The Minnesota State Board of Investment said it supports the ad
hoc group's objection "to the extent that it asks for the
creation of a process for discovery and a method to which
controversies may be adjudicated by the Court in an orderly and
economical fashion."

Bryan Marsal, chief executive of the restructuring firm handling
LBHI's bankruptcy case, maintains, however, that the current plan
provides a "fair and administratively efficient resolution" to
the case and "balanced the various conflicting positions and
competing interests," Reuters reported.

"While under one scenario some creditors would be significantly
advantaged and others significantly disadvantaged, under a
different option the roles would be reversed," Reuters quoted Mr.
Marsal as saying.

The chief executive said that in substantive consolidation, some
creditors might have an advantage but others would be
significantly disadvantaged, WSJ reported.

                        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: Hearing on More Exclusivity for Somerset Aug. 18
-----------------------------------------------------------------
Judge James Peck adjourned to August 18, 2010, the hearing on the
proposed extension of deadline for the filing of and solicitation
of acceptances for the Chapter 11 plans of LB Somerset LLC and LB
Preferred Somerset LLC.

The bankruptcy judge earlier authorized Merit LLC, another unit
of Lehman Brothers Holdings Inc., to file its Chapter 11 plan and
solicit votes from creditors later this year.  Merit, LB Somerset
and LB Preferred filed for bankruptcy protection only in December
2009 or more than a year after LBHI and its other affiliates
filed their bankruptcy cases.

Court approval of LB Somerset and LB Preferred's request was
delayed after their creditors filed objections on grounds that
the Lehman units lack equity in their property and that their
plans of reorganization cannot be confirmed.

                        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: July 14 Hearing on Rejection of Derivative Pacts
-----------------------------------------------------------------
Lehman Brothers Holdings Inc. and its affiliated debtors seek
approval of the U.S. Bankruptcy Court for the Southern District
of New York to reject five derivative contracts:

Counterparty                 Derivative Contracts
------------                 --------------------
Bisgaier Family LLC          Confirmation dated July 14, 2008
                              between Bisgaier and LBCS
                              (incorporated 1992 ISDA Master
                              Agreement)

Roger Newton and Coco        Confirmation dated July 14, 2008,
Newton JTWRS                 between Roger Newton and LBCS
                              (incorporates 1992 ISDA Master
                              Agreement)

Spectrum Investment Partners 1992 ISDA Master Agreement dated
International Ltd.           August 1, 2007, between Spectrum
                              and LBSF

Spectrum Investment          1992 ISDA Master Agreement dated
Partners LP                  February 10, 2006, between Spectrum
                              and LBSF

The Esperance Family         Confirmation dated July 14, 2008,
Foundation                   between The Esperance and LBCS
                             (incorporates 1992 ISDA Master
                             Agreement)

Robert Lemons, Esq., at Weil Gotshal & Manges LLP, in New York,
says the contracts to be rejected are "out-of-the-money" to the
Debtors.  He adds that the contracts have to be rejected so that
the Debtors could fix their liability and limit any increase in
damages that could be claimed by counterparties to those
contracts.

In connection with the proposed rejection of the contracts, the
Debtors also seek court approval to implement a process for any
claims that may be asserted against them as a result of the
rejection.

Under the proposed process, the Debtors have the option to
calculate the damages under each derivative contract as of its
rejection and will deliver a statement to the counterparty
describing the calculations.

The counterparty will be required to file a proof of claim for
damages in compliance with the July 2, 2009 court order on the
filing of claims if the Debtors do not deliver a statement or if
a counterparty disputes the amount of damages calculated.  The
counterparty does not need to file an additional proof of claim
to dispute the amount of the damages if it has already timely
filed a proof of claim.

If a counterparty timely filed a proof of claim in accordance
with the July 2, 2009 order or timely files a proof of claim no
later than 30 days from the approval of the proposed rejection,
the Debtors and the counterparty can assert all rights with
respect to claims arising under the contract.  Any concerned
party has the right to object to such proof of claim arising
under the contract.

If the Debtors timely deliver a statement and a counterparty
does not timely file or has not timely filed a proof of claim in
compliance with the July 2 order, the counterparty will be deemed
to have an allowed general unsecured claim against the Debtor
party to the contract, and against LBHI if the company acted as a
creditor support provider for the payment of that Debtor.

Meanwhile, if the Debtors do not timely deliver a statement and a
counterparty did not timely file a proof of claim in accordance
with the July 2 order or does not file a proof of claim by the
deadline, then that counterparty will not be allowed to assert
its claim against the Debtors.

The Court will consider the Debtors' requests at the July 14,
2010 hearing.  Deadline for filing objections is July 7, 2010.

                        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: Wins Approval for Gibson Dunn as Special Counsel
-----------------------------------------------------------------
Lehman Brothers Holdings Inc. and its affiliated debtors received
approval of the U.S. Bankruptcy Court for the Southern District of
New York to employ Gibson Dunn & Crutcher LLP effective
September 1, 2009.

The Debtors tapped the firm to continue assisting them in their
efforts to obtain control over the primary asset of LB RE
Financing No. 3 Limited, a private limited company which is in
administration in the United Kingdom.

LBHI holds 98.1% of the claims against LB RE, which is the holder
of EURO722,181,000 Class B Note due 2054 issued by Excalibur
Funding No. 1 PLC, an orphan special purpose vehicle that LBHI
created to issue real estate backed commercial debts.

Gibson Dunn is also tasked to assist the Debtors in obtaining
control over the assets of LB UK RE Holdings Ltd., a private
limited company.  LBHI is a primary creditor of LB UK, which is
also in administration in U.K.

Aside from those tasks, the firm will also advise the Debtors on
other real estate financings and transactions.

Gibson Dunn has previously performed legal services on behalf of
the Debtors as an ordinary course professional pursuant to the
Court's November 5, 2008 order.  Its fees for services and
expenses, however, already exceeded $1 million by September 2009,
which prompted the Debtors to retain the firm as professional
pursuant to section 327(e) of the Bankruptcy Code.

Under the November 5 order, an ordinary course professional is
required to file an employment application pursuant to sections
327 and 328 of the Bankruptcy Code in case payment to that
professional exceeds $1 million for the period prior to the
conversion, dismissal or entry of a confirmation in the Debtors'
Chapter 11 cases.

Gibson Dunn will be paid for its services at an hourly rate and
will be reimbursed of any expenses incurred in connection with
its employment.  The firm's professionals who are expected to
provide the services and their hourly rates are:

  Professional                 Hourly Rate
  ------------                 -----------
  Joulia Arnaoutova                $470
  Kelly Bohne                      $345
  Carol Fabrizio                   $345
  Amy Forbes                       $840
  Joel Feuer                       $840
  Jeremy Graves                    $400
  Farshad E. More                  $570
  Erika Randall                    $470
  Jesse Shapiro                    $610
  Jesse Sharf                      $890
  Jeffrey Tyrell                   $495
  Michael Weir                   GBP430
  Victor Campbell                GBP335
  Niloufar Goharian              GBP400
  Wayne McArdle                  GBP625
  Milena Radoycheva              GBP355
  Stephen Thompson               GBP295

Jesse Sharf, Esq., a partner at Gibson Dunn, assures the Court
that the firm does not represent or hold adverse interests with
respect to matters on which it is to be employed.

                        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)


LINCOLNSHIRE CAMPUS: Proposes to Employ DLA Piper as Counsel
------------------------------------------------------------
Lincolnshire Campus, LLC, and Naperville Campus, LLC, seek the
U.S. Bankruptcy Court's permission to employ DLA Piper LLP as
their counsel, nunc pro tunc to the Petition Date.

As the Lincolnshire Debtors' counsel, DLA Piper is contemplated
to:

  (a) advise the Lincolnshire Debtors with respect to their
      rights, powers and duties as debtors and debtors-in-
      possession in the continued management and operation of
      their businesses and assets;

  (b) attend meetings and negotiating with representatives of
      creditors and other parties-in-interest and advising and
      consulting on the conduct of cases, including all of the
      legal and administrative requirements of operating in
      Chapter 11;

  (c) take all necessary action to protect and preserve the
      Lincolnshire Debtors' estates, including prosecution of
      actions on the Lincolnshire Debtors' behalf, the defense
      of any actions commenced against the estates, negotiations
      concerning litigation in which the Lincolnshire Debtors
      may be involved and objections to claims filed against
      their estates;

  (d) prepare, on behalf of the Lincolnshire Debtors, motions,
      applications, answers, orders, reports, and papers
      necessary to the administration of their estates;

  (e) prepare and negotiate on the Lincolnshire Debtors'
      behalf plans of reorganization, disclosure statements, and
      all related agreements or documents and take any necessary
      action on behalf of the Lincolnshire Debtors to obtain
      confirmation of those plans;

  (f) advise the Lincolnshire Debtors in connection with the
      sale of their assets and take all steps necessary to
      maximize the value of their assets for the benefit of
      creditors;

  (g) perform other necessary legal services and provide other
      necessary legal advice to the Lincolnshire Debtors in
      connection with these Chapter 11 cases; and

  (h) appear before the Court, any appellate courts, and the
      U.S. Trustee for Region 6, and protect the interests of
      the Lincolnshire Debtors' estates before those courts and
      the U.S. Trustee.

The Lincolnshire Debtors will pay DLA Piper's professionals
according to the firm's customary hourly rates:

        Title                   Rate per Hour
        -----                   -------------
        Attorneys                $370 to $835
        Paralegals               $290

The DLA Piper professionals who are contemplated to render
services to the Lincolnshire Debtors are:

        Name                    Rate per Hour
        ----                    -------------
        Thomas Califano             $835
        Jeremy Johnson              $695
        Vincent Slusher             $625
        J. Seth Moore               $610
        Jason Karaffa               $475
        William Currie              $370
        Andrew Zollinger            $370
        William Coleman             $290

Mr. Califano, a partner at DLA Piper, discloses that his firm has
represented or may represent certain parties in matters unrelated
the bankruptcy cases of the Lincolnshire Debtors.  The
represented parties include:

   * Comcast Corporation
   * EMC Corporation
   * Gannett Co. Inc.
   * Gannett Offset
   * HMA Investments
   * MarketSource Inc.
   * Maxim Health Care
   * Media Workers Ltd.
   * Price Modern
   * Redwood Capital Investments LLC
   * Riggs Counselman Michaels & Downes Inc.
   * Wexford Equities, LLC

Despite that disclosure, Mr. Califano assures the Court that DLA
Piper is a "disinterested person" as the term is defined under
Section 101(14) of the Bankruptcy Code.

Mr. Califano also filed a statement under Rule 2016 of the
Federal Rules of Bankruptcy Procedure, disclosing, among others,
that no promises have been received by DLA Piper or by any member
of associate as to compensation in connection with the
Lincolnshire Debtors' Chapter 11 cases.

                         About the Debtors

Lincolnshire Campus filed for Chapter 11 bankruptcy protection on
June 15, 2010 (Bankr. N.D. Tex. Case No. 10-34176).  Vincent P.
Slusher, Esq., at DLA Piper LLP US, assists the Company in its
restructuring effort.  The Company estimated its assets and debts
at $100,000,001 to $500,000,000.

Not-for-Profit Entities Sedgebrook, Inc. and Monarch Landing Inc.
also filed for Chapter 11 on June 15, 2010.

The Lincolnshire Debtors and the NFP Debtors are affiliates of
Erickson Retirement Communities LLC.

Baltimore, Maryland-based Erickson Retirement Communities LLC,
along with affiliates, filed for Chapter 11 on Oct. 19, 2009
(Bankr. N.D. Tex. Case No. 09-37010).  DLA Piper LLP (US) serves
as counsel to the Debtors.  BMC Group Inc. serves as claims and
notice agent.  Houlihan, Lokey, Howard & Zoukin, Inc., is also
serving as investment and financial consultant.  Alvarez & Marsal
is serving as restructuring adviser.   Judge Stacey G.C. Jernigan
confirmed Erickson's Plan of Reorganization on April 16, 2010.
The confirmed Chapter 11 Plan is premised on the $365 million sale
of substantially all of the Erickson Retirement assets to Redwood
Capital Investments LLC and its affiliates.  The Plan became
effective on April 30, 2010.

Erickson own 20 continuing care retirement communities in 11
states. Among Erickson's 20 communities, eight are completed, 11
are open although in construction, and one is in development.
They have 23,000 residents in total.

Bankruptcy Creditors' Service, Inc., publishes Erickson Retirement
Bankruptcy News.  The newsletter tracks the Chapter 11 proceedings
of Erickson Retirement Communities LLC and Lincolnshire Campus.
(http://bankrupt.com/newsstand/or 215/945-7000)


LINCOLNSHIRE CAMPUS: Wells Fargo Denies Precipitating Bankruptcy
----------------------------------------------------------------
"Wells Fargo Bank National Association did not cause the
Lincolnshire Debtors' Chapter 11 cases to be filed," counsel to
Wells Fargo, William W. Kannel, Esq., at Mintz Levin Cohn Ferris
Glovsky and Popeo, P.C., in Boston, Massachusetts --
BKannel@mintz.com -- tells the Bankruptcy Court.

Wells Fargo is indenture trustee for bonds issued for the
retirement communities of Ann's Choice, Inc., Linden Ponds, Inc.,
and Monarch Landing, Inc.

Mr. Kannel contends that no implied forbearance existed between
the Lincolnshire Debtors and Wells Fargo.

Mr. Kannel contends that no implied forbearance existed between
the Lincolnshire Debtors and Wells Fargo.  The Lincolnshire
Debtors, he points out, seem to rely on an implied forebearance
agreement on the ERC Plan, but the provision states that no
obligation is imposed on Wells Fargo.  He further reminds the
Court that the Erickson Retirement Communities LLC Plan expressly
and unequivocally reserves all of Wells Fargo's rights against
Debtor Monarch Landing Inc.  Wells Fargo had the right to
foreclose on Trustee-held funds as provided in the bond documents
since the Lincolnshire Debtors were in default, Mr. Kannel
stresses.  "More importantly, Wells Fargo has not choked the
Lincolnshire Debtors of cash and in fact has permitted more than
$4.5 million to remain in the debtors' supplemental account," he
asserts.

Meanwhile, U.S. Bank National Association maintains that it had
no "participation or knowledge regarding the actions alleged
against Wells Fargo by the Lincolnshire Debtors."  U.S. Bank adds
that it is separate and distinct from Wells Fargo.

U.S. Bank is bond trustee for Sedgebrook, Inc.'s $137,145,000
bonds issued by the Illinois Finance Authority.

Counsel to U.S. Bank, Cynthia J. Rerko, Esq., in Dallas, Texas,
contends that no connection exists among the bond documents
relating to Sedgebrook/Lincolnshire Campus and those bonds
relating to Monarch Landing/Naperville Campus, Inc.
"Notwithstanding the lack of any connection, the Lincolnshire
Debtors assert the cause of their bankruptcy filings was the
result of the alleged actions of U.S. Bank," U.S. Bank complains.

As to the Lincolnshire Debtors' allegation that U.S. Bank may
have inappropriately applied funds for the payment of their
professionals by failing to provide notice, Ms. Rerko points to
an August 1, 2007 Indenture of Trust between Illinois Finance and
U.S. Bank that expressly permits U.S. Bank to make those payments
and does not require any invoices, other documentation, or even
notice to be provided to Sedgebrook.  Indeed, following a
default, payment owing to U.S. Bank are the first amounts to be
paid.  "U.S. Bank did not provide the Debtor with notice of the
payment of those fees by including all charges in the monthly
account statements that were sent to Sedgebrook," Ms. Rerko
clarifies.

                         About the Debtors

Lincolnshire Campus filed for Chapter 11 bankruptcy protection on
June 15, 2010 (Bankr. N.D. Tex. Case No. 10-34176).  Vincent P.
Slusher, Esq., at DLA Piper LLP US, assists the Company in its
restructuring effort.  The Company estimated its assets and debts
at $100,000,001 to $500,000,000.

Not-for-Profit Entities Sedgebrook, Inc. and Monarch Landing Inc.
also filed for Chapter 11 on June 15, 2010.

The Lincolnshire Debtors and the NFP Debtors are affiliates of
Erickson Retirement Communities LLC.

Baltimore, Maryland-based Erickson Retirement Communities LLC,
along with affiliates, filed for Chapter 11 on Oct. 19, 2009
(Bankr. N.D. Tex. Case No. 09-37010).  DLA Piper LLP (US) serves
as counsel to the Debtors.  BMC Group Inc. serves as claims and
notice agent.  Houlihan, Lokey, Howard & Zoukin, Inc., is also
serving as investment and financial consultant.  Alvarez & Marsal
is serving as restructuring adviser.   Judge Stacey G.C. Jernigan
confirmed Erickson's Plan of Reorganization on April 16, 2010.
The confirmed Chapter 11 Plan is premised on the $365 million sale
of substantially all of the Erickson Retirement assets to Redwood
Capital Investments LLC and its affiliates.  The Plan became
effective on April 30, 2010.

Erickson own 20 continuing care retirement communities in 11
states.  Among Erickson's 20 communities, eight are completed, 11
are open although in construction, and one is in development.
They have 23,000 residents in total.

Bankruptcy Creditors' Service, Inc., publishes Erickson Retirement
Bankruptcy News.  The newsletter tracks the Chapter 11 proceedings
of Erickson Retirement Communities LLC and Lincolnshire Campus.
(http://bankrupt.com/newsstand/or 215/945-7000)


LORNE KAUFMAN: Case Summary & 18 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: Lorne I. Kaufman
        288 Sleepy Hollow Drive
        Wirtz, VA 24184

Bankruptcy Case No.: 10-71602

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Western District of Virginia (Roanoke)

Judge: Ross W. Krumm

Debtor's Counsel: Mark A. Black, Esq.
                  Brumberg Mackey & Wall PLC
                  P.O. Box 2470
                  30 W Franklin Road, Suite 800
                  Roanoke, VA 24010
                  Tel: (540) 343-2956
                  E-mail: mblack@bmwlaw.com

Scheduled Assets: $493,371

Scheduled Debts: $1,262,228

A list of the Company's 18 largest unsecured creditors
filed together with the petition is available for free
at http://bankrupt.com/misc/vawb10-71602.pdf

The petition was signed by Lorne I. Kaufman.


LOVELAND INVESTMENTS: Case Summary & 3 Largest Unsecured Creditors
------------------------------------------------------------------
Debtor: Loveland Investments
        364 Louvigny Street
        Mackinaw City, MI 49701

Bankruptcy Case No.: 10-22652

Chapter 11 Petition Date: July 5, 2010

Court: U.S. Bankruptcy Court
       Eastern District of Michigan (Bay City)

Judge: Daniel S. Opperman

Debtor's Counsel: Susan M. Cook, Esq.
                  309 Davidson Building
                  P.O. Box 835
                  Bay City, MI 48707-0835
                  Tel: (989) 893-3518
                  E-mail: smcook@lambertleser.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $10,000,001 to $50,000,000

A copy of the Company's list of 3 largest unsecured
creditors filed together with the petition is available for
free at http://bankrupt.com/misc/mieb10-22652.pdf

The petition was signed by Gerald L. Loveland, Jr., general
partner.

Debtor-affiliate filing separate Chapter 11 petition:

        Entity                        Case No.       Petition Date
        ------                        --------       -------------
Aunt Madge, Inc.                      10-22651            07/05/10


L.W. RANCH: Voluntary Chapter 11 Case Summary
---------------------------------------------
Debtor: L.W. Ranch, L.P.
        aka Lone Willow Ranch
        1301 W. 25th Street, Suite 510
        Austin, TX 78705

Bankruptcy Case No.: 10-11849

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Western District of Texas (Austin)

Judge: Craig A. Gargotta

Debtor's Counsel: Kevin G. Herd, Esq.
                  Goodrich Postnikoff & Albertson
                  777 Main Street, Suite 1360
                  Fort Worth, TX 76102
                  Tel: (817) 347-5265
                  Fax: (817) 335-9411
                  E-mail: kherd@gpaplaw.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

The Debtor did not file a list of its largest unsecured creditors
together with its petition.

The petition was signed by Steffen E. Waltz, member/manager of
L.W. Ranch GP, LLC.


MARCELINO RAMIREZ: Voluntary Chapter 11 Case Summary
----------------------------------------------------
Joint Debtors: Marcelino Corral Ramirez
               Aide Morones Ramirez
               13210 Colony Avenue
               San Martin, CA 95046

Bankruptcy Case No.: 10-56945

Chapter 11 Petition Date: July 5, 2010

Court: U.S. Bankruptcy Court
       Northern District of California (San Jose)

Judge: Charles Novack

Debtor's Counsel: Lewis Phon, Esq.
                  Law Offices of Lewis Phon
                  4040 Heaton Court
                  Antioch, CA 94509
                  Tel: (415) 574-5029
                  E-mail: phonlaw@sbcglobal.net

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

According to the schedules, the Debtors say that assets total
$1,618,997 while debts total $2,964,464.

The Joint Debtors did not file a list of creditors together with
its petition.

The petition was signed by the Joint Debtors.


MAYSVILLE INC: Section 341(a) Meeting Scheduled for August 9
------------------------------------------------------------
The U.S. Trustee for Region 21 will convene a meeting of
Maysville, Inc.'s creditors on August 9, 2010, at 2:00 p..m.  The
meeting will be held at Claude Pepper Federal Building, 51 SW
First Ave Room 1021, Miami, FL 33130.

This is the first meeting of creditors required under Section
341(a) of the U.S. Bankruptcy Code in all bankruptcy cases.
All creditors are invited, but not required, to attend. This
Meeting of Creditors offers the one opportunity in a bankruptcy
proceeding for creditors to question a responsible office of the
Debtor under oath about the company's financial affairs and
operations that would be of interest to the general body of
creditors.

Miami, Florida-based Maysville, Inc., filed for Chapter 11
bankruptcy protection on June 28, 2010 (Bankr. S.D. Fla. Case No.
10-28244).  Stan Riskin, Esq., who has an office in Plantation,
Florida, assists the Company in its restructuring effort.  The
Company listed $24,690,000 in assets and $20,225,364 in
liabilities.


MAYSVILLE INC: Taps Advantage Law as Bankruptcy Counsel
-------------------------------------------------------
Maysville, Inc., has asked for authorization from the U.S.
Bankruptcy Court for the Southern District of Florida to employ
Advantage Law Group, P.A., as bankruptcy counsel.

Advantage Law will, among other things:

     a. advise the Debtor with respect to its powers and duties as
        a debtor-in-possession and the continued management of its
        business operations;

     b. prepare motions, pleadings, orders, applications,
        adversary proceedings, and other legal documents necessary
        in the administration of the case;

     c. protect the interest of the Debtor in all matters pending
        before the court; and

     d. represent the Debtor in negotiation with its creditors in
        the preparation of a plan.

The Debtor and Advantage Law didn't disclose how Advantage Law
will be compensated for its services.

Stan L. Riskin, Esq., an attorney at Advantage Law, assures the
Court that the firm is a "disinterested person," as that term is
defined in section 101(14) of the Bankruptcy Code, as modified by
section 1107(b) of the Bankruptcy Code.

Miami, Florida-based Maysville, Inc., filed for Chapter 11
bankruptcy protection on June 28, 2010 (Bankr. S.D. Fla. Case No.
10-28244).  The Company listed $24,690,000 in assets and
$20,225,364 in liabilities.


MCGINNIS LAND: Case Summary & Largest Unsecured Creditor
--------------------------------------------------------
Debtor: McGinnis Land Partners I, LP
        13455 Noel Road, Suite 800
        Dallas, TX 75240

Bankruptcy Case No.: 10-34654

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Northern District of Texas (Dallas)

Judge: Stacey G. Jernigan

Debtor's Counsel: Michael D. Warner, Esq.
                  Cole Schotz Meisel Forman & Leonard PA
                  1700 City Center Tower II
                  301 Commerce St.
                  Fort Worth, TX 76102
                  Tel: (817) 810-5250
                  Fax: (817) 810-5255
                  E-mail: klabrada@coleschotz.com

Estimated Assets: $10,000,001 to $50,000,000

Estimated Debts: $10,000,001 to $50,000,000

The petition was signed by Scott Ellington, manager of Canyon
Falls Land GP, LLC, as general partner of Debtor.

In its list of 20 largest unsecured creditors, the Company placed
only one entry:

Entity                   Nature of Claim        Claim Amount
------                   ---------------        ------------
Middleton & Associates,   Professional           $29,430
LLC
1111 South Main Street, Suite 123
Grapevine, TX 76051

Debtor-affiliate that filed separate Chapter 11 petition:

                                                 Petition
   Debtor                              Case No.     Date
   ------                              --------     ----
Canyon Falls Land Partners, LP         10-34655   07/02/10


MEDICAL STAFFING: Low Demand on Nurses Prompted Ch. 11 Filing
-------------------------------------------------------------
Brian Bandell at Business Journal of South Florida reports that
Medical Staffing Network Holdings filed for Chapter 11 after a
sharp drop in demand for temporary nurses.

Bloomberg relates that revenue of $341 million in 2009 resulted in
an operating loss of $34.3 million.  Revenue of $72 million in the
first quarter of 2010 threw off a $1.3 million operating loss.
Projected revenue for 2010 is $302 million.

The Company has agreed to sell under 11 U.S.C. Sec. 363 its assets
to MSN Acquisition Co. comprised of the Company's first lien
lenders for $84.1 million, which will be paid by the lenders
credit bidding the amount of the first lien debt due to them.  The
deal will virtually wipe out its existing shareholders.

According to Bloomberg, the agreement for sale to the senior
lenders has consent from holders of 90 percent of the $26.8
million in second-lien debt.

The transaction is still subject to higher and better offers.
Interested purchasers other than MSN Acquisition can submit their
bids by Aug. 31, 2010, to Leon Szlezinger at Jeffries & Co.

General Electric Capital Corp., as agent to the first lien
lenders, is providing $15 million in financing to support cash
flow needs during the transition.

                      About Medical Staffing

Boca Raton, Fla.-based Medical Staffing Network Holdings, Inc.
(OTC QX: MSNW) is one of the largest diversified healthcare
staffing companies in the United States.  The Company provides per
diem nurse staffing services and travel, allied health and vendor
managed services.

The Company's balance sheet as of March 28, 2010, showed
$87.7 million in assets and $140.8 million of debts, for a
stockholders' deficit of $53.1 million.

Medical Staffing Network Holdings, Inc., together with affiliates,
filed for Chapter 11 on July 2, 2010 (Bankr. S.D. Fla. Case No.
10-29101).

Paul Steven Singerman, Esq., at Berger Singerman, serves as
bankruptcy counsel.  Akerman Senterfitt is corporate and
transactional counse.  Loughlin Meghji + Company is corporate
restructuring advisor.  Ernst & Young LLP is accounting and tax
advisor.  Jefferies & Company, Inc. is investment banker.  The
Garden City Group Inc. is claims and notice agent.


MEDLOCK BRIDGE: Case Summary & 16 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Medlock Bridge Realty Partners LLC
          aka Johns Creek Walk Phase II
        3378 Peachtree Road
        Atlanta, GA 30326

Bankruptcy Case No.: 10-79530

Chapter 11 Petition Date: July 3, 2010

Court: U.S. Bankruptcy Court
       Northern District of Georgia (Atlanta)

Debtor's Counsel: Michael D. Robl, Esq.
                  Thomerson, Spears & Robl, LLC
                  104 Cambridge Avenue
                  Decatur, GA 30030
                  Tel: (404) 373-5153
                  E-mail: mdrobl@tsrlaw.com

Estimated Assets: $10,000,001 to $50,000,000

Estimated Debts: $10,000,001 to $50,000,000

According to the schedules, the Debtor says that assets total
$13,430,000 while debts total $12,511,733.

The petition was signed by Richard Aaronson, manager.

Debtor-affiliate filing separate Chapter 11 petition:

        Entity                        Case No.       Petition Date
        ------                        --------       -------------
Abbotts Bridge Land Partners, LLC     10-79529            07/03/10

Medlock Bridge's List of 16 Largest Unsecured Creditors:

        Entity                     Nature of Claim    Claim Amount
        ------                     ---------------    ------------
Atlantic Realty Partners Inc.      construction and       $852,404
3378 Peachtree Road                working capital
Atlanta, GA 30326                  loans

Richard Aaronson                   loan for               $280,000
555 Chestnut Rose Lane             construction
Atlanta, GA 30327                  of improvements

Niles Bolton & Associates          architectural          $239,912
3060 Peachtree Road, Suite 600     design services
Atlanta, GA 30305

Fulton County Tax Commissioner     2009 real              $117,653
                                   property taxes

Fine & Block                       legal services          $32,411

Weener & Nathan                    legal services           $8,489

Hardy Surveying Group LLC          surveying services       $2,500

Atlantic Realty Partners Inc.      --                       $2,400

Bach James Mansour                 accounting               $1,500
                                   Services

Summit Engineering                 engineering service s    $1,500

The Erosion Company                erosion control          $1,500

Rafael Garcia Architect            architectural              $800
                                   services

United Consulting                  erosion control            $668
                                   Inspection

Gold Leaf                          lawn maintenance           $600

Easley McCaleb & Associates        real estate tax            $281
                                   consulting

Atlantic Realty Partners Inc.      general liability          $100
                                   insurance (share)


MERUELO MADDUX: Moves Closer to Wining Cash-Sharing Bid
-------------------------------------------------------
Bankruptcy Law360 reports that Meruelo Maddux Properties Inc. has
inched closer to winning its bid for continued use of cash
collateral despite vociferous objections from Bank of America N.A.
and other creditors, with a bankruptcy judge temporarily granting
the company's request until a final hearing on the contentious
issue is held later this month.

Law360 says Judge Kathleen Thompson of the U.S. Bankruptcy Court
for the Central District of California in an order Thursday
granted Meruelo's request to continue to use cash collateral.

                       About Meruelo Maddux

Based in Los Angeles, Meruelo Maddux Properties, Inc. --
http://www.meruelomaddux.com/-- is a self-managed, full-service
real estate company that develops, redevelops and owns commercial
and residential properties located in downtown Los Angeles and
other densely populated urban areas in California.   The Company's
operations are predominantly carried on through, and its assets
are owned through, Meruelo Maddux Properties, L.P., which the
Company refers to as its operating partnership.  As of
December 31, 2009, the Company held a 99.6% interest in its
operating partnership.  The Company is also the sole general
partner of its operating partnership.  The Company is structured
as a taxable corporation under Subchapter C of the Internal
Revenue Code of 1986, as amended.

As of December 31, 2009, the Company owns 27 rental projects and
16 projects held for real estate development.  Most of the
Company's projects are located in or around the downtown area of
Los Angeles.

On March 26 and March 27, 2009, Meruelo Maddux and 53 of its
direct and indirect subsidiaries and affiliates filed voluntary
petitions for relief under Chapter 11 of the Bankruptcy Code
(Bankr. C. D. Calif. Lead Case No. 09-13356).  Aaron De Leest,
Esq., John J. Bingham, Jr., Esq., and John N. Tedford, Esq., at
Danning Gill Diamond & Kollitz, represent the Debtors in their
restructuring efforts.  Asa S. Hami, Esq., Tamar Kouyoumjian,
Esq., and Victor A. Sahn, Esq., at SulmeyerKupetz, A Prof Corp,
represent the official committee of unsecured creditors as
counsel.

On September 3, 2009, two additional MMPI subsidiaries, Meruelo
Maddux-845 S. Flower Street, LLC and Meruelo Chinatown, LLC (the
"Flower Debtors"), filed voluntary petitions for relief under
Chapter 11 of the Bankruptcy Code in the Bankruptcy Court, Case
Nos. 09-21621 and 09-21622, respectively.  These cases relate to
the Company's high-rise residential project at 705 W. Ninth
Street, and are not jointly administered under the Lead Chapter 11
Case.

The Debtors' financial condition as of December 31, 2008, showed
$681,769,000 in assets and $342,022,000 of debts.


MIRA VISTA OAK: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Mira Vista Oak Gate, L.L.C.
        3213 Brookshire Drive
        Plano, TX 75075
        Tel: (972) 424-2400

Bankruptcy Case No.: 10-42224

Chapter 11 Petition Date: July 5, 2010

Court: United States Bankruptcy Court
       Eastern District of Texas (Sherman)

Debtor's Counsel: Vickie L. Driver, Esq.
                  Coffin & Driver, PLLC
                  2200 Ross Avenue, Suite 5350
                  Dallas, TX 75201
                  Tel: (214) 377-4848
                  Fax: (214) 658-6509
                  E-mail: vdriver@coffindriverlaw.com

Estimated Assets: $10,000,001 to $50,000,000

Estimated Debts: $10,000,001 to $50,000,000

The Debtor did not file a list of creditors together with its
petition.

The petition was signed by Katherine C. Goodwin, VP of general
partner of debtor's sole member.


MIRA VISTA VILLAS: Voluntary Chapter 11 Case Summary
----------------------------------------------------
Debtor: Mira Vista Villas, L.L.C.
        3213 Brookshire Drive
        Plano, TX 75075
        Tel: (972) 424-2400

Bankruptcy Case No.: 10-42223

Chapter 11 Petition Date: July 5, 2010

Court: United States Bankruptcy Court
       Eastern District of Texas (Sherman)

Debtor's Counsel: Vickie L. Driver, Esq.
                  Coffin & Driver, PLLC
                  2200 Ross Avenue, Suite 5350
                  Dallas, TX 75201
                  Tel: (214) 377-4848
                  Fax: (214) 658-6509
                  E-mail: vdriver@coffindriverlaw.com

Estimated Assets: $10,000,001 to $50,000,000

Estimated Debts: $10,000,001 to $50,000,000

The Debtor did not file a list of creditors together with its
petition.

The petition was signed by Katherine C. Goodwin, VP of general
partner of debtor's sole member.


MOVIE GALLERY: Makes Technical Amendments to GA Agreement
---------------------------------------------------------
Movie Gallery Inc. and its units sought and obtained the Court's
approval or their request to make technical amendments to the
Order approving their agreement with Great American WF with
respect to the sale of the Debtors' assets.

As earlier reported, the Sale Order approved the terms of the
Agency Agreement between the Debtors and Great American.  The
Agreement grants Great American, among other things, the
exclusive right to market and attempt to sell, transfer, or
convey certain Fee Owned Properties owned by the Debtors.

Jeremy S. Williams, Esq., at Kutak Rock, LLP, in Richmond,
Virginia, tells the Court that pursuant to the Agreement, to the
extent that the aggregate sale price for the Fee Owned Properties
exceeds certain thresholds, a portion of that excess amount is to
be paid to the Debtors.  Thus, the Debtors have an ongoing
economic interest in maximizing the aggregate sale price for the
Fee Owned Properties.

Since the entry of the Sale Order, Great American and the Debtors
have determined that it may be in the best interests of the
Debtors and the Debtors' estates to retain an agent to assist
Great American in exercising its right to market and attempt to
sell the Fee Owned Properties.  The agent would provide Great
American with additional resources and expertise that the Fee
Owned Properties would be marketed and potentially sold in a
more efficient manner, and which could result in higher aggregate
sale proceeds, to the potential benefit of the Debtors.

With the consent of Great American and the Prepetition Secured
Parties, the Debtors obtained an amendment to the Sale Order by
adding this provision to the Sale Order:

"Great American, without need for further Court order, will be,
and hereby is, authorized to retain any agent it deems
necessary to assist Great American in marketing and attempting
to sell, transfer, or convey all of the Fee Owned Properties.
Great American and any of its agents will be, and hereby are,
authorized to market and conduct sales of the Fee Owned
Properties in any states or other jurisdiction in which the Fee
Owned Properties are located, notwithstanding any federal,
state or local laws, regulations or requirements, including,
without limitation, any approval, licensing or permit
requirements."

                        About Movie Gallery

Based in Wilsonville, Ore., Movie Gallery, Inc., is the second
largest North American video and game rental company, operating
stores in the U.S. and Canada under the Movie Gallery, Hollywood
Video and Game Crazy brands.

Movie Gallery first filed for Chapter 11 on Oct. 16, 2007 (Bankr.
E.D. Va. Case Nos. 07-33849 to 07-33853).  Kirkland & Ellis LLP
and Kutak Rock LLP represented the Debtors.  The Company emerged
from bankruptcy on May 20, 2008, with private-investment firms
Sopris Capital Advisors LLC and Aspen Advisors LLC as its
principal owners.  William Kaye was appointed plan administrator
and litigation trustee.

Movie Gallery returned to Chapter 11 protection on February 3,
2009 (Bankr. E.D. Va. Case No. 10-30696).  Attorneys at
Sonnenschein Nath & Rosenthal LLP and Kutak Rock LLP represent the
Debtors in their second restructuring effort.  Kurtzman Carson
Consultants serves as claims and notice agent.

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


MOVIE GALLERY: Wins Nod to Sell Inventory to VPD IV
---------------------------------------------------
Movie Gallery Inc. and its units sought and obtained approval from
Judge Douglas O. Tice of the United States Bankruptcy Court for
the Eastern District of Virginia, Richmond Division, to enter into
an asset purchase agreement with VPD IV.  This is with respect to
the Debtors' intent to sell to VPD IV for $5,057,227, certain of
their movie inventory consisting of approximately 1.2 million
Blu-Ray and DVD movies currently located at their distribution
center in Nashville, Tennessee, free and clear of liens, claims
and encumbrances.

Jeremy S. Williams, Esq., at Kutak Rock LLP, in Richmond,
Virginia, related that the Debtors solicited bids from a number
of parties for the purchase of the inventory remaining in the
Distribution Center, which include bids from Great American,
Gordon Brothers, and others.

The Debtors believe that VPD's offer is the highest and best
offer they have received for the Assets, Mr. Williams said.
However, VPD has acknowledged in the agreement that the Debtors
are obligated as fiduciaries to consider any higher and better
offers that they may receive for the Assets, and has agreed that
the Debtors may enter into an agreement with a bidder submitting
a competing bid, provided, VPD receives prompt notice of any
Competing Bids from the Debtors and an opportunity, in its sole
discretion, to submit its own Competing Bid.

The salient terms of the parties' purchase agreement are:

* VPD will pay the Debtors in cash for $5,057,227, subject to
   adjustment pursuant to the Agreement;

* Concurrently with the execution of the Agreement, VPD
   deposited into escrow $400,000, consisting of the sum of
   (i) $50,000 as "Good Faith" deposit and (ii) $350,000 as the
   "Inventory Escrow."  The Escrow Amount is to be released in
   accordance with the Agreement depending on, among other
   things, an inventory reconciliation to be performed after the
   closing.  The Good Faith Deposit is nonrefundable under
   certain circumstances as set forth in the Agreement;

* The closing will take place within three business days after
   all the conditions precedent to the Debtors' and VPD's
   obligations have been satisfied or waived.

* VPD will conduct a physical count and inspection of the
   Purchased Assets not later than five business days after all
   the Purchased Assets are received by VPD at its Toledo, Ohio
   warehouse.  Thereafter, the Agreement provides for an
   adjustment to the Base Purchase Price and for the release of
   the Escrow Amounts, all as set forth in the Agreement.

In his Order, Judge Tice held that:

-- the Purchase Agreement is approved and the Debtors are
    authorized to sell the Purchased Assets to VPD free and
    clear of liens, encumbrances, interests and claims of any
    kind;

-- all objections to the motion that have not been withdrawn,
    waived or settled are overruled;

-- the proceeds from the sale of the Purchased Assets will be
    Cash Collateral and will be subject to the Cash Collateral
    Order;

-- All transactions contemplated by the Agreement will be
    protected by Section 363(m) of the Bankruptcy Code in the
    event the Order is reversed or modified on appeal.  The
    transactions contemplated by the Agreement are not subject
    to avoidance pursuant to Section pursuant to Section 363(n)
    of the Bankruptcy Code;

-- the proceeds from the sale of the Purchased Assets will be
    subject to the perfected security interests of the
    Prepetition Secured Parties and the Prepetition Second Lien
    Term Parties and will be subject to liens and administrative
    expense claims of the Prepetition Secured Parties and the
    Prepetition Second Lien Term Parties as provided in, and
    subject to the priorities set forth in the Cash Collateral
    Order without further action by the Prepetition Secured
    Parties or the Prepetition Second Lien Term Parties.

                        About Movie Gallery

Based in Wilsonville, Ore., Movie Gallery, Inc., is the second
largest North American video and game rental company, operating
stores in the U.S. and Canada under the Movie Gallery, Hollywood
Video and Game Crazy brands.

Movie Gallery first filed for Chapter 11 on Oct. 16, 2007 (Bankr.
E.D. Va. Case Nos. 07-33849 to 07-33853).  Kirkland & Ellis LLP
and Kutak Rock LLP represented the Debtors.  The Company emerged
from bankruptcy on May 20, 2008, with private-investment firms
Sopris Capital Advisors LLC and Aspen Advisors LLC as its
principal owners.  William Kaye was appointed plan administrator
and litigation trustee.

Movie Gallery returned to Chapter 11 protection on February 3,
2009 (Bankr. E.D. Va. Case No. 10-30696).  Attorneys at
Sonnenschein Nath & Rosenthal LLP and Kutak Rock LLP represent the
Debtors in their second restructuring effort.  Kurtzman Carson
Consultants serves as claims and notice agent.

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


MOVIE GALLERY: Wins Nod to Sell Video Games to COKeM
----------------------------------------------------
Movie Gallery Inc. and its units sought and obtained the Court's
approval of an asset purchase agreement they entered into with
COKeM International Ltd.  The Debtors also sought and obtained the
Court's authority to sell to COKeM certain video game inventory
located in their distribution center in Nashville, Tennessee, free
and clear of liens, claims and encumbrances.

In light of the Debtors' decision to cease operations and to
close all of their store locations, they began to consider
options for the liquidation of the inventory in their
Distribution Center.

According to Jeremy S. Williams, Esq., at Kutak Rock LLP, in
Richmond, Virginia, the Debtors solicited bids from a number of
parties for the purchase of the inventory remaining in the
Distribution Center, which include bids from Great American,
Gordon Brother, and others.

Part of the inventory located at the Debtors' Distribution
Centers includes approximately 600,000 new and used games and
certain related gaming accessories, Mr. Williams related.  In
addition to soliciting bids from liquidators who might have been
interested in purchasing all of the Debtors' inventory in the
Distribution Center, the Debtors also solicited bids from
potential buyers in the video games market, including GameStop
Corporation and Gamers Factory, Inc., two of the largest new and
used video game retailers in the home entertainment industry.

The Debtors believe that COKeM's bid for the Assets was the
highest and best offer.  Furthermore, the Debtors believe that
the terms of the proposed sale of the Assets to COKeM are fair,
reasonable and equitable and that the purchase price to be paid
represents fair value for the Assets, Mr. Williams said.

Accordingly, the Debtors executed the letter agreement dated
June 10, 2010.  However, COKeM acknowledged that the Debtors are
obligated to consider higher and better offers for the Assets and
agreed that the Debtors may enter into an agreement with a bidder
submitting that Competing Bid.

The principal terms of the Debtors' agreement with COKeM are:

* COKeM will pay the Debtors $3,025,000 for the Assets;

* COKeM has delivered to the Debtors a certified check for 10%
   of the Purchase Price, which will be retained by the Debtors
   pending closing of the transaction contemplated by the
   Agreement.  Upon closing, the Good Faith Deposit will be
   applied to the Purchase Price.  COKeM expressly acknowledges
   and agrees that the Good Faith Deposit will be forfeited and
   will be kept by the Debtors in the event the Sale Order is
   entered and COKeM fails for any reason to close the
   transaction contemplated in the Agreement;

* The closing will take place within two business days after
   the entry of the Sale Order.  Fifty percent of the Purchase
   Price will be paid to the Debtors by wire transfer on the
   Closing Date with the balance within 15 days after the
   Closing Date.  The Assets will be delivered to COKeM FOB at
   the Debtors' distribution center located in Nashville,
   Tennessee on the Closing Date and COKeM will pay all shipping
   costs; and

* COKeM will be entitled to inspect the Assets at its own
   expense between the Closing Date and the Final Reconciliation
   Date and the Purchase Price will be increased or decreased,
   as applicable, by the AUR per unit: (i) in the event that the
   quantity of Assets to be delivered to COKeM is higher or
   lower than the quantity indicated in the Agreement; or (ii)
   the Assets are damaged beyond repair.

In his order, Judge Tice denied all objections to the motion that
have not been withdrawn, settled or specifically addressed.
Furthermore, Judge Tice ruled that the proceeds from the sale of
the assets will be:

-- the perfected collateral or the Prepetition Secured Parties
    and the Prepetition Second Lien Term Parties as defined in
    the Cash Collateral Order;

-- subject to liens and administrative expense claims of the
    Prepetition Secured Parties and the Prepetition Second Term
    Parties as provided in and subject to the priorities set
    forth in the Cash Collateral Order without further action by
    the Prepetition Secured Parties or the Prepetition Second
    Lien Term Parties.


Prior to the Court's entry of its order, Gametronics, Inc., d/b/a
LA Closout, and Gamers Factory, Incorporated filed separate
objections and asked the Court to deny the Debtors' motion to
sell their assets to COKeM contending that their individual
offers are higher than the Debtors' proposed sale price of
$3,025,000.  Gametronics objected to the sale because its offer
for the assets was $3,050,000.

Similarly, Gamers protested to the proposed sale, saying that its
offer for the Debtors' assets was $3,075,000.  However,
Gametronics, eventually withdrew its objection to the Debtors'
request.

                        About Movie Gallery

Based in Wilsonville, Ore., Movie Gallery, Inc., is the second
largest North American video and game rental company, operating
stores in the U.S. and Canada under the Movie Gallery, Hollywood
Video and Game Crazy brands.

Movie Gallery first filed for Chapter 11 on Oct. 16, 2007 (Bankr.
E.D. Va. Case Nos. 07-33849 to 07-33853).  Kirkland & Ellis LLP
and Kutak Rock LLP represented the Debtors.  The Company emerged
from bankruptcy on May 20, 2008, with private-investment firms
Sopris Capital Advisors LLC and Aspen Advisors LLC as its
principal owners.  William Kaye was appointed plan administrator
and litigation trustee.

Movie Gallery returned to Chapter 11 protection on February 3,
2009 (Bankr. E.D. Va. Case No. 10-30696).  Attorneys at
Sonnenschein Nath & Rosenthal LLP and Kutak Rock LLP represent the
Debtors in their second restructuring effort.  Kurtzman Carson
Consultants serves as claims and notice agent.

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


NAVISTAR INT'L: Director Clariond Gets 317.399 Phantom Stock Units
------------------------------------------------------------------
Eugenio Clariond, a director at Navistar International Corp., said
in a regulatory filing that he acquired 317.399 shares of Navistar
Phantom Stock Units on June 30, 2010.  The Phantom Stock Units
were accrued under the Navistar International Corporation
directors deferred compensation plan and are to be settled in
Navistar Common Stock per the holder's election made at the time
of the election to defer compensation.  The Phantom Stock Units
may be converted to common stock on a 1 for 1 basis.

Mr. Clariond also said he directly holds 2,258 shares of Navistar
Common Stock.  He also indirectly holds 54,500 Navistar shares.

                   About Navistar International

Navistar International Corporation (NYSE: NAV) --
http://www.Navistar.com/-- is a holding company whose
subsidiaries and affiliates subsidiaries produce International(R)
brand commercial and military trucks, MaxxForce(R) brand diesel
engines, IC Bus(TM) brand school and commercial buses, Monaco RV
brands of recreational vehicles, and Workhorse(R) brand chassis
for motor homes and step vans.  It also is a private-label
designer and manufacturer of diesel engines for the pickup truck,
van and SUV markets.  The company also provides truck and diesel
engine parts and service.  Another affiliate offers financing
services.

At April 30, 2010, Navistar listed $8.9 billion in total asset and
$10.1 billion in total liabilities, for a $1.2 billion total
stockholders' deficit.

                           *     *     *

As reported by the Troubled Company Reporter on March 22, 2010,
Fitch Ratings revised Navistar's and Navistar Financial Corp.'s
Rating Outlooks to Positive from Negative and affirmed the
companies' long-term Issuer Default Ratings at 'BB-'.  The Outlook
revisions are driven by improvement in the financial profile of
NFC following the signing of an operating agreement with GE
Capital and by NAV's financial performance in the past year.
Historically, Fitch had concerns with NFC's funding,
capitalization, and asset quality performance, but they have been
eliminated or reduced with the new agreement with GECC.

According to the TCR on March 11, 2010, Moody's Investors Service
maintained its B1 long-term rating, SGL-2 Speculative Grade
Liquidity rating and stable outlook for Navistar following the
announcement that GE Capital will become the preferred provider of
retail financing in support of Navistar's truck and bus sales in
the US.  Moody's said Navistar's captive finance operation,
Navistar Financial Corporation, should be relieved of the capital
and liquidity burden necessary to support new retail and lease
originations.  In addition, GE Capital's stronger balance sheet
and superior capital market access relative to that of NFC, should
improve the availability of the financing that can be offered to
retail purchasers of Navistar equipment.

According to the TCR on January 28, 2010, Standard & Poor's
Ratings Services said it revised its outlook on Navistar and
related entities to stable from negative and affirmed its 'BB-'.


NAVISTAR INT'L: Files 2009 Annual Report on 401(k) Plan
-------------------------------------------------------
Navistar International Corporation filed with the Securities and
Exchange Commission an annual report on Form 11-K for its
Navistar, Inc. 401(k) Plan for Represented Employees for the year
ended December 31, 2009.

At December 31, 2009, net assets available for benefits under the
plan total $161,049,987.

A full-text copy of the Form 11-K report is available at no charge
at http://ResearchArchives.com/t/s?65fd

                   About Navistar International

Navistar International Corporation (NYSE: NAV) --
http://www.Navistar.com/-- is a holding company whose
subsidiaries and affiliates subsidiaries produce International(R)
brand commercial and military trucks, MaxxForce(R) brand diesel
engines, IC Bus(TM) brand school and commercial buses, Monaco RV
brands of recreational vehicles, and Workhorse(R) brand chassis
for motor homes and step vans.  It also is a private-label
designer and manufacturer of diesel engines for the pickup truck,
van and SUV markets.  The company also provides truck and diesel
engine parts and service.  Another affiliate offers financing
services.

At April 30, 2010, Navistar listed $8.9 billion in total asset and
$10.1 billion in total liabilities, for a $1.2 billion total
stockholders' deficit.

                           *     *     *

As reported by the Troubled Company Reporter on March 22, 2010,
Fitch Ratings revised Navistar's and Navistar Financial Corp.'s
Rating Outlooks to Positive from Negative and affirmed the
companies' long-term Issuer Default Ratings at 'BB-'.  The Outlook
revisions are driven by improvement in the financial profile of
NFC following the signing of an operating agreement with GE
Capital and by NAV's financial performance in the past year.
Historically, Fitch had concerns with NFC's funding,
capitalization, and asset quality performance, but they have been
eliminated or reduced with the new agreement with GECC.

According to the TCR on March 11, 2010, Moody's Investors Service
maintained its B1 long-term rating, SGL-2 Speculative Grade
Liquidity rating and stable outlook for Navistar following the
announcement that GE Capital will become the preferred provider of
retail financing in support of Navistar's truck and bus sales in
the US.  Moody's said Navistar's captive finance operation,
Navistar Financial Corporation, should be relieved of the capital
and liquidity burden necessary to support new retail and lease
originations.  In addition, GE Capital's stronger balance sheet
and superior capital market access relative to that of NFC, should
improve the availability of the financing that can be offered to
retail purchasers of Navistar equipment.

According to the TCR on January 28, 2010, Standard & Poor's
Ratings Services said it revised its outlook on Navistar and
related entities to stable from negative and affirmed its 'BB-'.


NAVISTAR INT'L: Files 2009 Annual Report on Retirement Plan
-----------------------------------------------------------
Navistar International Corporation filed with the Securities and
Exchange Commission an annual report on Form 11-K for its
Navistar, Inc. Retirement Accumulation Plan for the year ended
December 31, 2009.

At December 31, 2009, net assets available for benefits under the
plan total $502,388,792.

A full-text copy of the Form 11-K report is available at no charge
at http://ResearchArchives.com/t/s?65fe

                   About Navistar International

Navistar International Corporation (NYSE: NAV) --
http://www.Navistar.com/-- is a holding company whose
subsidiaries and affiliates subsidiaries produce International(R)
brand commercial and military trucks, MaxxForce(R) brand diesel
engines, IC Bus(TM) brand school and commercial buses, Monaco RV
brands of recreational vehicles, and Workhorse(R) brand chassis
for motor homes and step vans.  It also is a private-label
designer and manufacturer of diesel engines for the pickup truck,
van and SUV markets.  The company also provides truck and diesel
engine parts and service.  Another affiliate offers financing
services.

At April 30, 2010, Navistar listed $8.9 billion in total asset and
$10.1 billion in total liabilities, for a $1.2 billion total
stockholders' deficit.

                           *     *     *

As reported by the Troubled Company Reporter on March 22, 2010,
Fitch Ratings revised Navistar's and Navistar Financial Corp.'s
Rating Outlooks to Positive from Negative and affirmed the
companies' long-term Issuer Default Ratings at 'BB-'.  The Outlook
revisions are driven by improvement in the financial profile of
NFC following the signing of an operating agreement with GE
Capital and by NAV's financial performance in the past year.
Historically, Fitch had concerns with NFC's funding,
capitalization, and asset quality performance, but they have been
eliminated or reduced with the new agreement with GECC.

According to the TCR on March 11, 2010, Moody's Investors Service
maintained its B1 long-term rating, SGL-2 Speculative Grade
Liquidity rating and stable outlook for Navistar following the
announcement that GE Capital will become the preferred provider of
retail financing in support of Navistar's truck and bus sales in
the US.  Moody's said Navistar's captive finance operation,
Navistar Financial Corporation, should be relieved of the capital
and liquidity burden necessary to support new retail and lease
originations.  In addition, GE Capital's stronger balance sheet
and superior capital market access relative to that of NFC, should
improve the availability of the financing that can be offered to
retail purchasers of Navistar equipment.

According to the TCR on January 28, 2010, Standard & Poor's
Ratings Services said it revised its outlook on Navistar and
related entities to stable from negative and affirmed its 'BB-'.


NEENAH ENTERPRISES: Sees Chapter 11 Exit in Two Weeks
-----------------------------------------------------
American Metal Market says Neenah Enterprises Inc. expects to exit
from bankruptcy protection within two weeks after a federal
bankruptcy court confirmation hearing Tuesday on its
reorganization plan.

As reported by the TCR on July 5, Neenah Enterprises said it has
secured financing commitments for its exit from bankruptcy.

Upon emergence, 150 the Company will have successfully reduced its
debt by more than $270 million.

                     About Neenah Enterprises

Headquartered in Neenah, Wisconsin, Neenah Enterprises, Inc. --
http://www.nfco.com/-- is the indirect parent holding company of
Neenah Foundry Company. Neenah Foundry Company and its
subsidiaries manufacture and market a wide range of iron castings
and steel forgings for the heavy municipal market and selected
segments of the industrial markets.  Neenah is one of the largest
independent foundry companies in the United States, with
substantial market share in the municipal and various industrial
markets for gray and ductile iron castings and forged steel
products.

The Company filed for Chapter 11 bankruptcy protection on
February 3, 2010 (Bankr. D. Del. Case No. 10-10360).  Edmon L.
Morton, Esq., and Kenneth J. Enos, Esq., assist the Company in its
restructuring effort.  The Company had $286,611,000 in total
assets against total liabilities of $449,435,000, resulting in
stockholder's deficit of $162,824,000.

The Company's affiliates -- NFC Castings, Inc.; Neenah Foundry
Company; Cast Alloys, Inc.; Neenah Transport, Inc.; Advanced Cast
Products, Inc.; Gregg Industries, Inc.; Mercer Forge Corporation;
Deeter Foundry, Inc.; and Dalton Corporation -- filed separate
Chapter 11 petitions.


NORTHLAND INVESTMENT: Taps Mitchell & Associates as Counsel
-----------------------------------------------------------
Northland Investment Co., Inc., asks the U.S. Bankruptcy Court for
the Western District of Missouri for permission to employ Mitchell
& Associates, L.C., as counsel.

Mitchell will represent the Debtor in the Chapter 11 proceedings.

David L. Zeiler, Esq., an attorney at Mitchell, tells the Court
that the firm did not receive any monies as of the filing date or
has irrevocably released or forgiven any amounts owing.

Mr. Zeiler assures the Court that Mitchell is a "disinterested
person" as that term is defined in Section 101(14) of the
Bankruptcy Code.

Mr. Zeiler can be reached at:

     Mitchell & Associates, L.C
     3100 SW 7 Highway, Suite A
     Palo Center
     Blue Springs, MO 64014

Blue Springs, Missouri-based Northland Investments Co., Inc.,
filed for Chapter 11 bankruptcy protection on May 19, 2010 (Bankr.
W.D. Mo. Case No. 10-42517).  Lisa A. Epps, Esq., at Spencer Fane
Britt & Browne LLP, assists the Company in its restructuring
effort.  The Company listed $10,000,001 to $50,000,000 in assets
and $1,000,001 to $10,000,000 in liabilities.


NORTHLAND INVESTMENTS: U.S. Trustee Unable to Form Creditors Panel
------------------------------------------------------------------
The Office of the U.S. Trustee for Region 13 notified the U.S.
Bankruptcy Court for the Western District of Missouri that it was
unable to appoint an official committee of unsecured creditors in
the Chapter 11 case of Northland Investments Co., Inc.

The U.S. Trustee explained that there were insufficient
indications of willingness from the unsecured creditors to serve
in the committee.

The U.S. Trustee reserves the right to appoint a committee if
interest develop among the creditors.

Blue Springs, Missouri-based Northland Investments Co., Inc.,
filed for Chapter 11 bankruptcy protection on May 19, 2010 (Bankr.
W.D. Mo. Case No. 10-42517).  Lisa A. Epps, Esq., at Spencer Fane
Britt & Browne LLP, assists the Company in its restructuring
effort.  The Company listed $10,000,001 to $50,000,000 in assets
and $1,000,001 to $10,000,000 in liabilities.


OPUS WEST: Amends Suit Against Parent to Include More Claims
------------------------------------------------------------
Opus West Corporation amended its complaint against Opus Corp.
and certain other defendants to add additional claims and
parties, after obtaining Judge Hale's consent on the matter.

Opus West earlier sought and obtained leave from the U.S.
Bankruptcy Court for the Northern District of Texas for the
filing of an amended complaint against its parent, Opus Corp.
Judge Hale held that Opus West's leave request is meritorious.

Accordingly, Opus West filed its First Amended Complaint against
Opus Corp. on June 30, 2010.

The lawsuit is styled as Opus West Corporation v. Opus
Corporation, et al., Adversary No. 10-03013-HDH, pending in the
Bankruptcy Court for the Northern District of Texas.

Counsel to Opus West, John T. Cox III, Esq., at Lynn Tillotson
Pinker & Cox LLP, in Dallas, Texas -- tcox@lynnllp.com --
specifies that under the Amended Complaint, Opus West has added
three additional defendants, sued two existing defendants in
their individual capacities, and alleged several additional
claims.

The First Amended Complaint names Keith P. Bednarowski,
individually; Luz Campa, individually; Mark Rauenhorst; Opus Real
Estate VII, L.P.; and Adler Management, LLC, as additional
defendants.

Messrs. Bednarowski and Campa were named in the Original
Complaint but only in their capacity as trustees, which is the
appropriate way to bring an action against a trust.  The Original
Complaint, however, does not create personal liability or
jurisdiction over Messrs. Bednarowski and Campa as individuals.

The First Amended Complaint also modifies the Original Complaint
by adding 22 new counts, eliminating five counts, and switching
the basis of certain claims from Texas to Arizona law.

The First Amended Complaint asserts 22 new counts that were not
noted in the Original Complaint.  The remaining additional claims
either create two claims where there was one in the Original
Complaint, or are new claims for the avoidance and recovery of
preferential or fraudulent transfers.

Mr. Cox specifies that:

  * Most of the new claims are breach of fiduciary duty claims
    against two of the new defendants -- Mark Rauenhorst and
    Keith Bednarowski, previously sued in his capacity as
    trustee, but now also sued in his individual capacity.  Both
    Defendants served as members of Opus West's board of
    directors.  Mark Rauenhorst is the son of Opus Corp founder
    Gerald Rauenhorst and is a beneficiary of Defendant Gerald
    Rauenhorst 1982 Irrevocable Trust f/b/o Children.

    Under the Amended Complaint, Opus West asserts that Messrs.
    Rauenhorst and Bednarowski violated their fiduciary duty of
    loyalty to Opus West by engaging in rampant self-dealing,
    including authorizing the sale of Opus West's assets on
    preferential terms to entities in which they and other
    participating defendants had personal financial interests,
    including transactions with Opus Real Estate VII L.P.

  * Opus West also asserted additional conspiracy or aiding and
    abetting claims against certain existing defendants and new
    defendants Opus Real Estate VII, L.P.; Luz Campa; and Adler
    Management LLC.

  * Opus West's factual investigation and legal research has
    also identified additional factual allegations and claims
    that are included in the Amended Complaint.

"In this lawsuit, we will seek to show that the Rauenhorst family
trusts, their trustees, and Mark Rauenhorst profited at the
expense of hundreds of loyal and hard-working employees,
creditors, and lenders," says attorney for Opus West, Chris Akin
of Lynn Tillotson Pinker & Cox, in a public statement.

Jeremy Fielding of Lynn Tillotson Pinker also commented in a
press release, "Opus founder Gerald Rauenhorst called his
autobiography 'Integrity,' but the allegations in our lawsuit
paint a very different picture."

The Original Complaint alleged that Opus Corp. siphoned almost
$150,000,000 of Opus West's earnings, which left Opus West
undercapitalized, inadequately financed, and unable to meet its
ordinary obligations as a separate business unit.

A full-text copy of the First Amended Complaint is available for
free at http://bankrupt.com/misc/OpWAmendedComp1st.pdf

Before the Court allowed the Amended Complaint filing, the Opus
Corp. Defendants urged Judge Hale to deny Opus West's leave
request.  Opus Corp. expressed its concern that Opus West is
trying to inject substantial changes in an amended complaint when
both parties to the Complaint have exchanged a significant amount
of information.

"Making such substantial changes after the parties have begun
discovery in earnest and against a trial date that is only five
months away is prejudicial to the Defendants in a case of this
size and complexity," Donald R. Rector, Esq., at Glast Phillips &
Murray P.C., in Dallas, Texas -- donrector@gpm-law.com -- argued,
on behalf of the Opus Corp. Defendants.

Mr. Rector also maintained that the addition of substantial new
claims will require the parties to conduct significant additional
and different discovery, which is already subject to an
October 29, 2010, deadline.

With the entry of the Court's consent of the amended complaint
filing, Opus Corp.'s objection was overruled.

In related news, Opus Corp.'s attorney, Dennis Ryan of Faegre &
Benson, told the Star Tribune that the new complaint is
"salacious" and "designed to put pressure on people personally to
try to force a quick settlement."

                   Opus West Changes Counsel

In a separate filing, Opus West notified the Bankruptcy Court
that it is changing its counsel.  Effective May 24, 2010, Pronske
& Patel P.C. is replaced as OWC's counsel by Vickie L. Driver,
Esq., at Coffin & Driver PLLC, in Dallas, Texas.

                Parties Agree on Protective Order

Before the filing of the Amended Complaint, Opus West and the
Opus Corp. Defendants entered into a stipulated protective order
in order to establish procedures and provisions to apply to
discovery in Opus West's Adversary Complaint to enable the
Parties to protect sensitive business information, proprietary
information, trade secrets, and other confidential information.

Pursuant to the Parties' agreement, a party may mark the word
"CONFIDENTIAL" on any document that it believes in good faith to
contain sensitive information.

In the case of depositions, designations of the portion of the
transcript which contains confidential material will be made by a
statement to an effect on the record at any time before the end
of each day of deposition or by a statement in writing sent to
counsel of record within 10 business days after receipt of the
transcript.

If the designation is made during a deposition, only persons to
whom disclosure of the Confidential Material is permitted will
remain present while the Confidential Material is being used or
discussed.

The Stipulated Protective Order was entered by the Court on
May 26, 2010.

A full-text copy of the Stipulated Protective Order is available
for free at http://bankrupt.com/misc/OpSAPProtOrd.pdf

                    About Opus West Corporation

Based in Phoenix, Arizona, Opus West Corporation is a full-service
real estate development firm that focuses on acquiring,
constructing, operating, managing, leasing and/or disposing of
real estate development projects primarily located in the western
United States.

Opus West and its affiliates filed for Chapter 11 on July 6, 2009
(Bankr. N.D. Tex. Case No. 09-34356).  Clifton R. Jessup, Jr., at
Greenberg Traurig, LLP, represents the Debtors in their
restructuring efforts.  Franklin Skierski Lovall Hayward, LLP, is
co-counsel to the Debtors. Pronske & Patel, P.C., is conflicts
counsel.  Chatham Financial Corp. is financial advisor.  BMC Group
is the Company's claims and notice agent.  As of May 31, Opus West
-- together with its non-debtor affiliates -- had $1,275,334,000
in assets against $1,462,328,000 in debts.  In its bankruptcy
petition, Opus West said it had assets and debts both ranging from
$100 million to $500 million.

Opus West joins affiliates that previously filed for bankruptcy.
Opus East LLC, a real estate operator from Rockville, Maryland,
commenced a Chapter 7 liquidation on July 1 in Delaware.  Opus
South Corp., a Florida condominium developer based in Atlanta,
filed a Chapter 11 petition April 22 in Delaware.

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


OPUS WEST: Ex-Workers Seek $32 Million in Unpaid Pensions
---------------------------------------------------------
Opus West Corporation has been named, among others, in a lawsuit
filed by the Herbert Hafif firm, a Claremont, California law
office, on behalf of 16 former employees of the Company, seeking
more than $32.4 million in unpaid pension fund obligations, The
Inland Valley Daily Bulletin reports.

The lawsuit was filed in a certain United States district court
in late June 2010, according to the report.

According to the news source, Attorney Greg Hafif said, "[The
Defendants] were insolvent, or becoming insolvent, with
legitimate creditors -- such as employees.  Instead of paying
their employees, they just shuffled money up the corporate
ladder.  It went right out of Opus West into Opus Corp. and from
Opus Corp. to the Rauenhorst family trusts.  It left Opus West
insolvent."

Opus Corp. is the parent company of Opus West.  It was founded by
Gerald Rauenhorst.

The Inland Valley Daily Bulletin points to a news release from
The Hafif Firm issued a release, according to the Inland Valley
Daily Bulletin, stating that the actions of Opus West included
"fraudulent transfer, conspiracy, intentional interference with
contract, negligent interference with contract, violation of
Business and Professions Code section 17200, intentional
interference with prospective economic advantage."

Opus West has not been served with the Complaint as of July 4,
2010, the news source quoted the Company spokesperson Winston
Hewett as saying.

Ms. Hewett added that the former executives allegedly named as
defendants in the lawsuit worked for Opus West, and not for Opus
Corp.

Moreover, Ms. Hewett stated that since Opus West is currently
under bankruptcy protection, the Bankruptcy Court presiding over
the Company's cases is the proper venue to deal with the matter,
according to the report.

                    About Opus West Corporation

Based in Phoenix, Arizona, Opus West Corporation is a full-service
real estate development firm that focuses on acquiring,
constructing, operating, managing, leasing and/or disposing of
real estate development projects primarily located in the western
United States.

Opus West and its affiliates filed for Chapter 11 on July 6, 2009
(Bankr. N.D. Tex. Case No. 09-34356).  Clifton R. Jessup, Jr., at
Greenberg Traurig, LLP, represents the Debtors in their
restructuring efforts.  Franklin Skierski Lovall Hayward, LLP, is
co-counsel to the Debtors. Pronske & Patel, P.C., is conflicts
counsel.  Chatham Financial Corp. is financial advisor.  BMC Group
is the Company's claims and notice agent.  As of May 31, Opus West
-- together with its non-debtor affiliates -- had $1,275,334,000
in assets against $1,462,328,000 in debts.  In its bankruptcy
petition, Opus West said it had assets and debts both ranging from
$100 million to $500 million.

Opus West joins affiliates that previously filed for bankruptcy.
Opus East LLC, a real estate operator from Rockville, Maryland,
commenced a Chapter 7 liquidation on July 1 in Delaware.  Opus
South Corp., a Florida condominium developer based in Atlanta,
filed a Chapter 11 petition April 22 in Delaware.

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


PENDLETON APARTMENTS: Case Summary & 18 Largest Unsec Creditors
---------------------------------------------------------------
Debtor: Pendleton Apartments Ltd.
        6303 Beverly Hill
        Houston, TX 77057

Bankruptcy Case No.: 10-35530

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Judge: Wesley W. Steen

Debtor's Counsel: Kimberly Anne Bartley, Esq.
                  Waldron & Schneider, LLP
                  15150 Middlebrook Drive
                  Houston, TX 77058
                  Tel: (281) 488-4438
                  Fax: (281) 488-4597
                  E-mail: kbartley@ws-law.com

Scheduled Assets: $21,538,928

Scheduled Debts: $20,445,946

The petition was signed by David B. Hendricks, managing member.

Debtor's List of 18 Largest Unsecured Creditors:

Entity                   Nature of Claim        Claim Amount
------                   ---------------        ------------
Brazos County Tax         Taxes                  $500,055
Assessor
300 E William J. Bryan
Pkwy
Bryan, TX 77803

FCI Multi-Family          Business               $69,908
Builders
9821 Katy Freeway,
Ste 900
Houston, TX 77024

Philadelphia Insurance    Business               $31,147
Companies
P.O. Box 70251
Philadelphia, PA 19176

Texas State Comptroller   Taxes                  $19,539

Aggieland Apartment       Business               $2,113
Locators LLC

JA Unlimited Inc.         Business               $660

Classified Ventures LLC   Business               $617

Network Communications,   Business               $598
Inc

David I. Bonilla          Business               $568

Barry Pool Company        Business               $371

Morris Gustavus           Business               $333

Lampo's Natural           Business               $265
Spring Water LLC

Otis Spunkmeyer, Inc.     Business               $236

Rencon, LLC               Business               $155

Bryan 800                 Business               $140
Communications, Inc.

Dominion Enterprises      Business               $108

Bruce M. Lindsay          Business               $86

Acetylene Oxygen Company  Business               $81


PACIFIC ENERGY: Committee Reviewing Liquidating Plan
----------------------------------------------------
Pacific Energy Resources Ltd., et al., ask the U.S. Bankruptcy
Court for the District of Delaware to extend their exclusive
periods to file and solicit acceptances for the proposed Chapter
11 Plan until September 9, 2010, and November 9, respectively.

The Debtors relate that the Official Committee of Unsecured
Creditors needed additional time to review the liquidating plan,
and to reach agreement on the terms thereof.

The Debtors filed their request for an extension before their
exclusive periods was set to expire on July 2.

The Debtors propose a hearing on their exclusivity extension on
July 28, at 3:00 p.m. (prevailing Eastern Time.)  Objections, if
any, are due on July 21, at 4:00 p.m. (ET)

                       About Pacific Energy

Headquartered in Long Beach, California, Pacific Energy Resources
Ltd. -- http://www.pacenergy.com/-- engaged 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).  The petition listed between $100 million and $500
million each in assets and debts.

Attorneys at Pachulski Stang Ziehl & Jones LLP, serve as
bankruptcy counsel to the Debtors.  The Debtors also tapped 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.


PAUL WALLACE: Wins Nod for DiConza Firm as Bankruptcy Counsel
-------------------------------------------------------------
The Hon. Robert D. Drain of the U.S. Bankruptcy Court for the
Southern District of New York authorized Paul F. Wallace to employ
DiConza Law, P.C. as counsel.

DiConza Firm will represent Mr. Wallace in the Chapter 11
proceedings.

To the best of the Debtors' knowledge, DiConza Firm is a
"disinterested person" as that term is defined in Section 101(14)
of the Bankruptcy Code.

The firm can be reached at:

      DiConza Law, P.C.
      630 Third Avenue, Seventh Floor
      New York, NY 10017
      Tel: (212) 682-4940
      Fax: (212) 682-4942
      E-mail: gdiconza@dlawpc.com

Bedford Hills, New York-based Paul F. Wallace filed for Chapter 11
on May 20, 2010 (Bankr. S.D.N.Y. Case No. 10-22998).  The Debtor
listed assets and debts both ranging from $10,000,001 to
$50,000,000.


PRECISION DRILLING: S&P Gives Positive Outlook, Keeps 'BB' Rating
-----------------------------------------------------------------
Standard & Poor's Ratings Services said that it revised its
outlook on Calgary, Alta.-based Precision Drilling Corp. to
positive from stable.  At the same time, Standard & Poor's
affirmed its 'BB' long-term corporate credit and senior unsecured
debt ratings and its 'BBB-' senior secured debt rating on the
company.  The '1' recovery rating on Precision's senior secured
debt and '3' recovery rating on its senior unsecured debt are
unchanged.

"Despite challenging industry conditions in 2009, Precision has
improved its capital structure with a combination of a secondary
equity offering and ongoing debt reduction," said Standard &
Poor's credit analyst Michelle Dathorne.  "The outlook revision
reflects S&P's belief that the company should be able to maintain
its financial metrics at their current improved levels.
Although S&P continue to believe Precision's financial risk
profile is weaker than its business risk profile, S&P believes the
ratings should improve as its financial risk profile strengthens,"
Ms. Dathorne added.

The ratings on Precision reflect Standard & Poor's opinion of the
company's participation in the cyclical and highly volatile
oilfield services sector, the diminished cash flow generation
profile associated with the current weak outlook for natural gas
exploration and production, and the company's levered (albeit
improving) capital structure.  S&P believes that offsetting these
factors, which hamper Precision's overall credit profile, are its
good cost management, the size and expanded geographic
diversification of its drilling and service rig fleet, and the
large number of rigs with deep drilling capabilities in the U.S.
and Western Canada's Sedimentary Basin markets.

Precision operates in North America's principal oil and gas
basins, notably the WCSB.  The company also has land rigs
positioned in several high-growth markets in the U.S. With 351
drilling and 200 service rigs, and 20 snubbing units, it now has
one of North America's largest land drilling rig fleets.

The positive outlook reflects S&P's view of improvements to
Precision's financial risk profile, which the company has achieved
through ongoing debt reduction and active cost management.
Moreover, the June 2010 repricing and reduction of its term loan B
will further bolster cash flow protection measures in 2010 and
2011.  Although S&P's near-term forecasts do not anticipate
a material improvement in North American industry conditions for
the oilfield services sector, without a material debt-financed
acquisition, S&P believes Precision's financial risk profile is
unlikely to deteriorate during its forecast period, based on the
company's ability to manage its spending.  If Precision maintains
its funds from operations-to-total debt at or above 40% and fully
adjusted debt-to-EBITDA at or below 2x as it proceeds with its
organic growth initiatives in 2010, S&P could raise the ratings in
the next 12 months.  S&P could revise the outlook to stable if the
company's operating strategy or spending profile deviates
materially from S&P's current expectations.


REFRESQUERIA CUPEY: Voluntary Chapter 11 Case Summary
-----------------------------------------------------
Debtor: Refresqueria Cupey, Inc.
        Carr. 1 Km. 28.1 Bo. Rio Canas
        Caguas, PR 00726
        Tel: (787) 747-5454

Bankruptcy Case No.: 10-06009

Chapter 11 Petition Date: July 5, 2010

Court: U.S. Bankruptcy Court
       District of Puerto Rico (Old San Juan)

Debtor's Counsel: Armando Lamourt Rodriguez, Esq.
                  P.O. BOX 236
                  Mayaguez, PR 00681-0236
                  E-mail: alamourt@yahoo.com

Estimated Assets: 1,000,001 to $10,000,000

Estimated Debts: 1,000,001 to $10,000,000

The Company did not file a list of creditors together with its
petition.

The petition was signed by Diana Rodriguez Escribano, secretary.


RIDGEWOOD CORP: Blames Economic Decline for Bankruptcy Filing
-------------------------------------------------------------
Mahwah, New Jersey based Ridgewood Corp. filed for Chapter 11 on
July 2, 2010 (Bankr. D. N.J. Case No. 10-30571).  The Debtor
listed assets and debts of $1,000,001 to $10,000,000.

Hugh R. Morley, staff writer at The Record, reports that Ridgewood
Corp. said it began experiencing substantial losses in late 2008
and 2009, a result of the general economic decline and related
issues.

The Company, according to The Record, explained that that revenue
has fallen so much the Company needs to be bought quickly to
continue operating.  A consultant hired by Ridgewood said the
company has operating losses of $100,000 to $150,000 a week.

Daniel Stolz, Esq., Leonard C. Walczyk, Esq., and Steven Z.
Jurista, Esq., at Wasserman, Jurista & Stolz, serve as bankruptcy
counsel.

The Record relates that the Company has also tapped Morris
Anderson & Associates as restructuring expert to evaluate its
business and look for buyers.

Ridgewood Corp. family-owned plumbing supplies distributor serving
three states.


SAINT VINCENTS: Formally Authorized to Sell Staff House
-------------------------------------------------------
Bill Rochelle at Bloomberg News reports that St. Vincent Catholic
Medical Centers received formal approval to sell a residential
building at 555 Avenue of the Americas (6th Avenue) and 15th
Street in Manhattan for $67.3 million.  The price rose 40% at
auction for the property that was known as Staff House.

The Debtors had asked for permission to sell the "Staff House,"
for $48 million to TIP Acquisitions LLC, absent higher and better
bids.

The sale hearing was held July 1.

The Debtors used the Staff House as apartments for medical
residents while they were employed at the hospital.  As part of
the Closure Plan for the hospital, the Debtors no longer require
the Staff House.  Its sale, the Debtors note, also allows for a
material pay-down of secured debt against them, as there are
various mortgages on the property.

         About Saint Vincents Catholic Medical Centers

St. Vincents Catholic Medical Centers returned to bankruptcy court
by filing another Chapter 11 petition April 14, 2010, in New York
(Bankr. S.D.N.Y. Case No. 10-11963).  The new petition listed
assets of $348 million against debt totaling $1.09 billion.

Adam C. Rogoff, Esq., and Kenneth H. Eckstein, Esq., at Kramer
Levin Naftalis & Frankel LLP, represent the Debtor in its Chapter
11 effort.

Although the hospitals emerged from the prior reorganization in
July 2007 with a Chapter 11 plan said to have a "a realistic
chance" of paying all creditors in full, the bankruptcy left the
medical center with more than $1 billion in debt.  The new filing
occurred after a $64 million operating loss in 2009 and the last
potential buyer terminated discussions for taking over the
flagship hospital.

Saint Vincents Catholic Medical Centers -- http://www.svcmc.org/
-- is anchored by St. Vincent's Hospital Manhattan, an academic
medical center located in Greenwich Village and the only emergency
room on the Westside of Manhattan from Midtown to Tribeca, St.
Vincent's Westchester, a behavioral health hospital in Westchester
County, and continuing care services that include two skilled
nursing facilities in Brooklyn, another on Staten Island, a
hospice, and a home health agency serving the Metropolitan New
York area.

Saint Vincent Catholic Medical Centers of New York and six of its
affiliates first filed for Chapter 11 protection on July 5, 2005
(Bankr. S.D.N.Y. Case No. 05-14945 through 05-14951).


SEDGEBROOK INC: Proposes to Hire McGuire as Counsel
---------------------------------------------------
Sedgebrook, Inc., and Monarch Landing, Inc., seek the Court's
permission to employ McGuire, Craddock & Strother, L.L.P., as
their counsel.

As counsel to Sedgebrook and Monarch Landing, McGuire Craddock is
expected to:

  (a) provide them legal advice with respect to their powers
      and duties as debtors-in-possession and in the operation
      of their business and management of their properties;

  (b) represent them in defense of any proceeding instituted
      to reclaim property or to obtain relief from the automatic
      stay under Section 362(a) of the Bankruptcy Code;

  (c) represent them in any proceedings instituted with
      respect to Sedgebrook's and Monarch Landing's use of cash
      collateral;

  (d) prepare any necessary applications, answers, orders,
      reports and other legal papers, and appear on Sedgebrook's
      and Monarch Landing's behalf in proceedings instituted by
      or against them;

  (e) assist them in the preparation of schedules of assets and
      liabilities, statements of financial affairs, and any
      amendments;

  (f) assist them in the preparation of a plan of reorganization
      and disclosure statement;

  (g) assist them with any disposition of assets;

  (h) assist them with all legal matters, including all
      securities, corporate, real estate, tax, employee
      relations, general litigation and bankruptcy legal work;
      and

  (i) perform all of the legal services for Sedgebrook and
      Monarch Landing, which may be necessary.

Sedgebrook and Monarch Landing will pay McGuire Craddock's
professionals according to the firm's customary hourly rates:

     Title                         Rate per Hour
     -----                         -------------
     Principal Attorneys            $235 to $410
     Paralegals                     $165

Sedgebrook and Monarch Landing will reimburse McGuire Craddock
for the actual and necessary expenses it incurs.

J. Mark Chevallier, Esq., a shareholder at McGuire Craddock,
relates that his firm has no connection with Sedgebrook and
Monarch Landing, their creditors or any other parties-in-
interest.  He maintains that McGuire Craddock is a "disinterested
person" as the term is defined in Section 101(4) of the
Bankruptcy Code.

McGuire Craddock disclosed that it has received and is holding
$25,000 as retainer for services rendered in the Chapter 11 cases
of Sedgebrook and Monarch Landing.

                         About the Debtors

Lincolnshire Campus filed for Chapter 11 bankruptcy protection on
June 15, 2010 (Bankr. N.D. Tex. Case No. 10-34176).  Vincent P.
Slusher, Esq., at DLA Piper LLP US, assists the Company in its
restructuring effort.  The Company estimated its assets and debts
at $100,000,001 to $500,000,000.

Not-for-Profit Entities Sedgebrook, Inc. and Monarch Landing Inc.
also filed for Chapter 11 on June 15, 2010.

The Lincolnshire Debtors and the NFP Debtors are affiliates of
Erickson Retirement Communities LLC.

Baltimore, Maryland-based Erickson Retirement Communities LLC,
along with affiliates, filed for Chapter 11 on Oct. 19, 2009
(Bankr. N.D. Tex. Case No. 09-37010).  DLA Piper LLP (US) serves
as counsel to the Debtors.  BMC Group Inc. serves as claims and
notice agent.  Houlihan, Lokey, Howard & Zoukin, Inc., is also
serving as investment and financial consultant.  Alvarez & Marsal
is serving as restructuring adviser.   Judge Stacey G.C. Jernigan
confirmed Erickson's Plan of Reorganization on April 16, 2010.
The confirmed Chapter 11 Plan is premised on the $365 million sale
of substantially all of the Erickson Retirement assets to Redwood
Capital Investments LLC and its affiliates.  The Plan became
effective on April 30, 2010.

Erickson own 20 continuing care retirement communities in 11
states.  Among Erickson's 20 communities, eight are completed, 11
are open although in construction, and one is in development.
They have 23,000 residents in total.

Bankruptcy Creditors' Service, Inc., publishes Erickson Retirement
Bankruptcy News.  The newsletter tracks the Chapter 11 proceedings
of Erickson Retirement Communities LLC and Lincolnshire Campus.
(http://bankrupt.com/newsstand/or 215/945-7000)


SEDGEBROOK INC: Proposes to Hire Whiteford as Counsel
-----------------------------------------------------
Sedgebrook, Inc., and Monarch Landing, Inc, seek the Court's
permission to employ Whiteford, Taylor & Preston L.L.P. as their
lead counsel.

As counsel to Sedgebrook and Monarch Landing, Whiteford Taylor
will be expected to render these services:

  (a) Provide the Debtors legal advice with respect to their
      powers and duties as debtors-in-possession and in the
      operation of their business and management of their
      properties;

  (b) Represent the Debtors in defense of any proceedings
      instituted to reclaim property or to obtain relief from
      the automatic stay under Section 362(a) of the Bankruptcy
      Code;

  (c) Represent the Debtors in any proceedings instituted with
      respect to Sedgebrook's and Monarch Landing's use of cash
      collateral;

  (d) Prepare any necessary applications, answers, orders,
      reports and other legal papers, and appearing on their
      behalf in proceedings instituted by or against Sedgebrook
      and Monarch Landing;

  (e) Assist the Debtors in the preparation of schedules of
      assets and liabilities, statements of financial affairs,
      and any amendments;

  (f) Assist the Debtors in the preparation of a plan of
      reorganization and disclosure statement;

  (g) Assist the Debtors with any disposition of assets;

  (h) Assist the Debtors with all legal matters, including all
      securities, corporate, real estate, tax, employee
      relations, general litigation and bankruptcy legal work;
      and

  (i) Perform all of the legal services for Sedgebrook and
      Monarch Landing which may be necessary.

Sedgebrook and Monarch Landing will pay Whiteford Taylor's
professionals according to the firm's customary hourly rates:

     Title                         Rate per Hour
     -----                         -------------
     Principal Attorneys            $290 to $580
     Paralegals                     $230

Sedgebrook and Monarch Landing will reimburse Whiteford Taylor
for the actual and necessary expenses the firm will incur.

Martin T. Fletcher, Esq., a partner at Whiteford Taylor, --
mfletcher@wtplaw.com -- discloses that his firm defends certain
insureds which may happen to be unsecured creditors of Sedgebrook
and Monarch Landing.  Whiteford Taylor has also been retained to
defend a personal injury claim brought by an employee of a
contractor who performed services at Oak Crest Village, Inc., a
non-debtor affiliate to Monarch Landing and Sedgebrook against
Oak Crest's management and Erickson Retirement Communities.
Whiteford Taylor also represented National Senior Campuses, Inc.
and its 17 of its supported non-profit organizations, including
Monarch Landing and Sedgebrook in the restructuring of the ERC
Debtors.  Mr. Fletcher clarifies that "those representations by
Whiteford Taylor are not related to Sedgebrook's and Monarch
Landing's Chapter 11 cases."

Mr. Fletcher assures the Court that Whiteford Taylor is a
"disinterested person" as that term is defined in Section 101(14)
of the Bankruptcy Code.

Whiteford Taylor further disclosed that it has received and is
holding as retainer certain amounts for services rendered in
Sedgebrook's and Monarch Landing's Chapter 11 cases:

    Debtor                          Retainer
    ------                          --------
    Sedgebrook                      $124,540
    Monarch Landing                   91,642

Whiteford Taylor noted that it was paid (i) $74,011 by Sedgebrook
and (ii) $107,089 by Monarch Landing for prepetition services.

                         About the Debtors

Lincolnshire Campus filed for Chapter 11 bankruptcy protection on
June 15, 2010 (Bankr. N.D. Tex. Case No. 10-34176).  Vincent P.
Slusher, Esq., at DLA Piper LLP US, assists the Company in its
restructuring effort.  The Company estimated its assets and debts
at $100,000,001 to $500,000,000.

Not-for-Profit Entities Sedgebrook, Inc. and Monarch Landing Inc.
also filed for Chapter 11 on June 15, 2010.

The Lincolnshire Debtors and the NFP Debtors are affiliates of
Erickson Retirement Communities LLC.

Baltimore, Maryland-based Erickson Retirement Communities LLC,
along with affiliates, filed for Chapter 11 on Oct. 19, 2009
(Bankr. N.D. Tex. Case No. 09-37010).  DLA Piper LLP (US) serves
as counsel to the Debtors.  BMC Group Inc. serves as claims and
notice agent.  Houlihan, Lokey, Howard & Zoukin, Inc., is also
serving as investment and financial consultant.  Alvarez & Marsal
is serving as restructuring adviser.   Judge Stacey G.C. Jernigan
confirmed Erickson's Plan of Reorganization on April 16, 2010.
The confirmed Chapter 11 Plan is premised on the $365 million sale
of substantially all of the Erickson Retirement assets to Redwood
Capital Investments LLC and its affiliates.  The Plan became
effective on April 30, 2010.

Erickson own 20 continuing care retirement communities in 11
states.  Among Erickson's 20 communities, eight are completed, 11
are open although in construction, and one is in development.
They have 23,000 residents in total.

Bankruptcy Creditors' Service, Inc., publishes Erickson Retirement
Bankruptcy News.  The newsletter tracks the Chapter 11 proceedings
of Erickson Retirement Communities LLC and Lincolnshire Campus.
(http://bankrupt.com/newsstand/or 215/945-7000)


SEDGEBROOK INC: Wants to Keep Management Agreements
---------------------------------------------------
Not-for-Profit Entities Monarch Landing, Inc., and Sedgebrook,
Inc. separately entered into management and marketing agreements
with Senior Living Retirement Communities, LLC, f/k/a Erickson
Retirement Communities, LLC, whereby Senior Living is charged
with the task of managing the NFP Debtors' facilities.

The Management Agreements are scheduled to expire on July 29,
2010.

Pursuant to the ERC Plan and transitional subcontract agreements,
Senior Living subcontracted its rights and obligations under the
Management Agreements to Erickson Living Management, LLC, which
is managing the Facilities.

The Management Agreements can be extended for up to 180 days with
the prior written consent of the applicable bond trustee and
letter of credit provider.

The NFP Debtors relate that they have agreed with the Bond
Trustees and letter of credit providers to a 90-day extension of
the Management Agreements or until October 27, 2010.  In line
with this, the Management Agreements provide that the NFP Debtors
will pay Erickson Living Management for reasonable marketing and
purchase services.

By this motion, the NFP Debtors seek the Court's authority to
extend the term of the Management Agreements through October 27,
2010.

If the NFP Debtors do not extend the Management Agreements past
the July 29 deadline, they will be forced to cease operations of
their businesses, J. Mark Chevallier, Esq., at McGuire, Craddock
& Strother, P.C., in Dallas, Texas, asserts.  "An abrupt
cessation of operations at the NFP Facilities would have
devastating effects on the NFP Debtors' senior residents,
including leaving many residents without food, medical supplies,
and the health and support services that they require," he
stresses.

The Court will consider the Management Pacts Extension Motion on
an expedited basis on July 16, 2010.  Objections are due no later
than July 15.

                         About the Debtors

Lincolnshire Campus filed for Chapter 11 bankruptcy protection on
June 15, 2010 (Bankr. N.D. Tex. Case No. 10-34176).  Vincent P.
Slusher, Esq., at DLA Piper LLP US, assists the Company in its
restructuring effort.  The Company estimated its assets and debts
at $100,000,001 to $500,000,000.

Not-for-Profit Entities Sedgebrook, Inc. and Monarch Landing Inc.
also filed for Chapter 11 on June 15, 2010.

The Lincolnshire Debtors and the NFP Debtors are affiliates of
Erickson Retirement Communities LLC.

Baltimore, Maryland-based Erickson Retirement Communities LLC,
along with affiliates, filed for Chapter 11 on Oct. 19, 2009
(Bankr. N.D. Tex. Case No. 09-37010).  DLA Piper LLP (US) serves
as counsel to the Debtors.  BMC Group Inc. serves as claims and
notice agent.  Houlihan, Lokey, Howard & Zoukin, Inc., is also
serving as investment and financial consultant.  Alvarez & Marsal
is serving as restructuring adviser.   Judge Stacey G.C. Jernigan
confirmed Erickson's Plan of Reorganization on April 16, 2010.
The confirmed Chapter 11 Plan is premised on the $365 million sale
of substantially all of the Erickson Retirement assets to Redwood
Capital Investments LLC and its affiliates.  The Plan became
effective on April 30, 2010.

Erickson own 20 continuing care retirement communities in 11
states. Among Erickson's 20 communities, eight are completed, 11
are open although in construction, and one is in development.
They have 23,000 residents in total.

Bankruptcy Creditors' Service, Inc., publishes Erickson Retirement
Bankruptcy News.  The newsletter tracks the Chapter 11 proceedings
of Erickson Retirement Communities LLC and Lincolnshire Campus.
(http://bankrupt.com/newsstand/or 215/945-7000)


SEONG KIM: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------
Joint Debtors: Seong Hwan Kim
               Yeon Sook Kim
               5314 NE 17th Place
               Renton, WA 98059-4377

Bankruptcy Case No.: 10-17710

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Western District of Washington (Seattle)

Judge: Samuel J. Steiner

Debtor's Counsel: Dallas W. Jolley, Esq.
                  4707 S Junett St Ste B
                  Tacoma, WA 98409
                  Tel: (253) 761-8970
                  E-mail: jolleypatricia@yahoo.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

A list of the Joint Debtors' 20 largest unsecured creditors
filed together with the petition is available for free
at http://bankrupt.com/misc/wawb10-17710.pdf

The petition was signed by the Debtors.


SEQUENOM INC: Registers 3.8-Mil. Shares Under 3 Employee Plans
--------------------------------------------------------------
Sequenom, Inc., filed with the Securities and Exchange Commission
a Form S-8 Registration Statement to register:

     (i) 150,000 shares of its Common Stock for issuance under its
         New-Hire Equity Incentive Plan,

    (ii) 3,000,000 additional shares of its Common Stock for
         issuance under its 2006 Equity Incentive Plan, and

   (iii) 666,664 additional shares of its Common Stock for
         issuance under its 1999 Employee Stock Purchase Plan.

A full-text copy of the Registration Statement is available at
http://ResearchArchives.com/t/s?6605

                         About Sequenom

Sequenom, Inc. (NASDAQ: SQNM) -- http://www.sequenom.com/-- is a
life sciences company committed to improving healthcare through
revolutionary genetic analysis solutions. Sequenom develops
innovative technology, products and diagnostic tests that target
and serve discovery and clinical research, and molecular
diagnostics markets. The company was founded in 1994 and is
headquartered in San Diego, California.

The Company's balance sheet for March 31, 2010, showed
$70.6 million total assets and $15.5 million total current
liabilities, for a $50.0 million stockholders' equity.

Ernst & Young LLP of San Diego, California, has expressed
substantial doubt against Sequenom's ability as a going concern.
The auditor noted that the Company has incurred recurring
operating losses and does not have sufficient working capital to
fund operations through 2010.


SHILOH WORSHIP: Case Summary & 2 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: Shiloh Worship Center of Garland, Inc.
        2204 S. Shiloh
        Garland, TX 75044

Bankruptcy Case No.: 10-34696

Chapter 11 Petition Date: July 5, 2010

Court: U.S. Bankruptcy Court
       Northern District of Texas (Dallas)

Judge: Stacey G. Jernigan

Debtor's Counsel: Eric A. Liepins, Esq.
                  Eric A. Liepins, P.C.
                  12770 Coit Road, Suite 1100
                  Dallas, TX 75251
                  Tel: (972) 991-5591
                  E-mail: eric@ealpc.com

Estimated Assets: 1,000,001 to $10,000,000

Estimated Debts: 1,000,001 to $10,000,000

According to the schedules, the Company says that assets total
$2,061,500 while debts total $1,292,138.

A copy of the Company's list of 2 largest unsecured
creditors filed together with the petition is available for
free at http://bankrupt.com/misc/txnb10-34696.pdf

The petition was signed by Rev. Harliss Turner, head of board of
trustee.


SHP LLC: Case Summary & 11 Largest Unsecured Creditors
------------------------------------------------------
Debtor: SHP, LLC
        2225 Richmond Road
        Williamsburg, VA 23185

Bankruptcy Case No.: 10-51239

Chapter 11 Petition Date: July 1, 2010

Court: United States Bankruptcy Court
       Eastern District of Virginia (Newport News)

Judge: Stephen C. St. John

Debtor's Counsel: Nicole A. Rosenblum, Esq.
                  Crowley, Liberatore & Ryan, P.C.
                  1435 Crossways Blvd., Suite 300
                  Chesapeake, VA 23320
                  Tel: (757) 333-4505
                  Fax: (757) 333-4519
                  E-mail: nrosenblum@clrfirm.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $500,001 to $1,000,000

A list of the Company's 11 largest unsecured creditors
filed together with the petition is available for free
at http://bankrupt.com/misc/vaeb10-51239.pdf

The petition was signed by Hemant Patel, manager.


SIRIUS XM: Files 2009 Annual Report on 401(k) Savings Plan
----------------------------------------------------------
Sirius XM Radio Inc. filed with the Securities and Exchange
Commission an annual report on Form 11-K for the Sirius XM Radio
401(k) Savings Plan for the year ended December 31, 2009.

At December 31, Net assets available for benefits under the Plan
total $76,791,000.

A full-text copy of the Form 11-K report is available at no charge
at http://ResearchArchives.com/t/s?660d

                       About Sirius XM Radio

Based in New York, Sirius XM Radio Inc. has two principal wholly
owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite
CD Radio Inc.  XM Satellite Radio Holdings Inc. owns XM Satellite
Radio Inc., the operating company for the XM satellite radio
service.  Satellite CD Radio Inc. owns the Federal Communications
Commission license associated with the SIRIUS satellite radio
service.  XM Satellite Radio Inc. owns XM Radio Inc., the holder
of the FCC license associated with the XM satellite radio service.

In July 2008, the Company's wholly owned subsidiary, Vernon Merger
Corporation, merged with and into XM Satellite Radio Holdings Inc.
and, as a result, XM Satellite Radio Holdings Inc. became Sirius'
wholly owned subsidiary.

The Company's balance sheet at March 31, 2010, shows $7.7 billion
in total assets and $7.5 in billion total liabilities, for a
$152.0 million of total stockholders' equity.

                           *     *     *

Sirius carries (i) a 'B' corporate credit rating from Standard &
Poor's and (ii) 'Caa1' corporate family rating and 'B3'
probability of default rating from Moody's.


SKILLED HEALTHCARE: Hit With $671 Million Jury Award
----------------------------------------------------
Skilled Healthcare Group, Inc. (NYSE: SKH) on July 7 reported that
a jury in Humboldt County, California, returned a verdict against
the Company related to a complaint filed more than four years ago.

In the first phase of deliberations, the jury awarded the
plaintiffs $613 million in statutory damages and $58 million in
restitutionary damages.  The jury has yet to hear the punitive
damages phase of the trial and will continue to further
deliberate.

"We are deeply disappointed in the verdict, and continue to firmly
believe that our facilities are appropriately staffed and that our
caregivers work hard every day to provide the care and services
our residents need and deserve," said Boyd Hendrickson, Chairman
and Chief Executive Officer of Skilled Healthcare Group, Inc.  "We
strongly disagree with the outcome of this legal matter, and we
intend to vigorously challenge it."

The jury verdict was announced on July 6, 2010, and a final
judgment is expected in the next few weeks.  The Company intends
to vigorously pursue various post-trial motions, as well as an
appeal, if necessary.

The jury assessed the maximum amount of damages allowed by Health
and Safety Code 1430 (b): California statute that mandates that
nursing homes maintain 3.2 nursing hours per-patient per-day.  The
total damages were assessed at a rate of $500 per-patient per-day
that the 22 nursing facilities involved in the suit were in
violation of the law.

To satisfy the typical bonding requirement to defer enforcement of
a judgment during the pendancy of an appeal, the Company would be
required to post a bond for 150% of the final judgment amount.
The Company currently has $94 million of borrowing capacity under
its $100 million revolving credit facility.  However, the
Company's ability to draw on its credit facility is limited by the
covenants of that facility.

The Company's primary professional liability insurance coverage
has been exhausted for the policy year applicable to this case.
The excess insurance carrier issuing the policy applicable to this
case has issued its reservation of rights to preserve an assertion
of non-coverage for this case due to the lack of any allegation of
injury or harm to the plaintiffs.  Even if the Company is
successful in obtaining insurance coverage for this matter, the
amount of the jury verdict far exceeds the policy limits of its
insurance.

The case is entitled VINNIE LAVENDER, by and through her
Conservator, WANDA BAKER, WALTER SIMON; JACQUELYN VILCHINSKY vs.
SKILLED HEALTHCARE GROUP, INC., et al, (and 22 individually-named
California nursing facilities receiving administrative services
from Skilled Healthcare, LLC).

                           *     *    *

According to Bloomberg, the Company's revenue of $759.8 million in
2009 resulted in a net loss of $133.2 million.  For the first
quarter of 2010, the Company's net income was $8.9 million on
revenue of $189.3 million.

The balance sheet at March 31 showed current assets of $131.4
million among total assets of $859 million.  Current liabilities
were $91.7 million.  Total liabilities were $574.7 million.

The Company's stock closed July 6 at $6.22 on the New York Stock
Exchange, down 31 cents a share.

                About Skilled Healthcare Group

Skilled Healthcare Group, Inc. based in Foothill Ranch,
California, is a holding company with subsidiary healthcare
services companies, which in the aggregate had consolidated annual
revenues of nearly $760 million and approximately 14,000 employees
as of March 31, 2010.  Skilled Healthcare Group and its wholly-
owned companies operate long-term care facilities and provide a
wide range of post-acute care services, with a strategic emphasis
on sub-acute specialty health care.  The Company operates long-
term care facilities in California, Iowa, Kansas, Missouri,
Nevada, New Mexico and Texas, including 78 skilled nursing
facilities that offer sub-acute care and rehabilitative and
specialty health skilled nursing care, and 22 assisted living
facilities that provide room and board and social services.


SMART CONSTRUCTION: Voluntary Chapter 11 Case Summary
-----------------------------------------------------
Debtor: Smart Construction, Inc.
        518 Martens Rd.
        Laredo, TX 78041

Bankruptcy Case No.: 10-50166

Chapter 11 Petition Date: July 5, 2010

Court: United States Bankruptcy Court
       Southern District of Texas (Laredo)

Judge: Wesley W. Steen

Debtor's Counsel: Marcel C. Notzon, Esq.
                  The Notzon Law Firm
                  415 Shiloh Drive
                  Suite B
                  Laredo, TX 78045
                  Tel: (956) 717-1961
                  Fax: (956) 717-2789
                  E-mail: mcn@notzonlawfirm.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

The Debtor did not file a list of its largest unsecured creditors
together with its petition.

The petition was signed by Yana Pyrogova, temporary administratix
of the estate of Salvador Gonzalez Flores.


SOCO SUITES: Case Summary & 6 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: SoCo Suites, LLC
        3006 S. Lamar
        Suite D109-346
        Austin, TX 78704

Bankruptcy Case No.: 10-11873

Chapter 11 Petition Date: July 5, 2010

Court: United States Bankruptcy Court
       Western District of Texas (Austin)

Judge: Craig A. Gargotta

Debtor's Counsel: Stephen W. Sather, Esq.
                  Barron & Newburger, P.C.
                  1212 Guadalupe
                  Suite 104
                  Austin, TX 78701
                  Tel: (512) 476-9103 Ext. 220
                  Fax: (512) 476-9253
                  E-mail: ssather@bnpclaw.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

A list of the Company's 6 largest unsecured creditors filed
together with the petition is available for free at
http://bankrupt.com/misc/txwb10-11873.pdf

The petition was signed by Angelique Naylor, authorized signer.


SOUTHEAST TELEPHONE: Lightyear Reaches Agreement to Acquire Assets
------------------------------------------------------------------
Brent Adams, staff writer of Business First of Louisville, reports
that Lightyear Network Solutions reached an agreement to purchase
the assets of SouthEast Telephone in a deal valued at about
$7.3 million.

According to the report, the agreement calls for SE Acquisitions
LLC, a subsidiary of Lightyear created for the acquisition, to
purchase SouthEast Telephone's real property, intellectual
property, tangible assets and selected vendor contracts, according
to a news release issued by Lightyear.  The deal is subject to
court approval.

Pikeville, Kentucky-based SouthEast Telephone, Inc., operates a
telecommunication business.  The Company filed for Chapter 11 on
Sept. 28, 2009 (Bankr. E.D. Ky. Case No. 09-70731).  Jamie L.
Harris, Esq., and Laura Day DelCotto, Esq., at Wise DelCotto PLLC,
represent the Debtor in its restructuring effort.  In the Debtor's
schedules, it said it has assets of at least $15,573,655, and
total debts of $31,423,707.


SOUTHWESTERN ENERGY: S&P Raises Corporate Credit Rating From 'BB+'
------------------------------------------------------------------
Standard & Poor's Ratings Services raised its long-term corporate
credit rating on Southwestern Energy Co. to 'BBB-' from 'BB+'.  At
the same time, S&P has also raised its ratings on the unsecured
debt to 'BBB-' from 'BB+'.  S&P is withdrawing the '3' recovery
rating on the unsecured debt.

"The upgrade is based on the company's ability and proven track
record of successfully increasing production, reserves, and cash
flow," said Standard & Poor's rating analyst Amy Eddy.  "The
rating action also reflects S&P's expectations that Southwestern's
leverage measures will remain moderate for the rating category
despite the company's intention to aggressively outspend cash flow
to develop its core property, the Fayetteville Shale," the analyst
continued.  Although S&P think the company lacks operating and
product diversity relative to some of its investment-grade peers
and expect gas prices to be weak in the near term, S&P believes
the company's low-risk and low-cost ample reserve base mitigates
these drawbacks.  Given the company's history of funding growth in
a balanced manner S&P expects financial leverage to remain
moderate with funds from operations to debt of more than 40%.

The stable outlook reflects S&P's view that although Southwestern
will likely continue to outspend cash flow over the next couple of
years the company will maintain a supportive financial policy,
such that debt to EBITDA remains below 1.5x and FFO to debt is
more than 40%.

S&P could consider a negative rating action if FFO to debt drops
below 40% as a result of a downward revision of its long-term
natural gas prices or if the company's capital spending exceeded
cash flow by significantly more than currently contemplated.

Given the size and concentration of the reserves and production,
S&P does not expect to raise the ratings in the short term.
Further expansion and diversification by the company could warrant
a higher rating over time.


SPANISH VILLAGE: Voluntary Chapter 11 Case Summary
--------------------------------------------------
Debtor: Spanish Village Community Development, Inc.
        4000 Griggs Rod.
        Houston, TX 77021

Bankruptcy Case No.: 10-35514

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Judge: Jeff Bohm

Debtor's Counsel: Warren M. Fitzgerald, Jr., Esq.
                  11500 Northwest Freeway #585
                  Houston, TX 77092
                  Tel: (713) 692-4688

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

The Debtor did not file a list of its largest unsecured creditors
together with its petition.

The petition was signed by Johnnie Gardner, president.


SPARKLEBERRY EB: Case Summary & Largest Unsecured Creditor
----------------------------------------------------------
Debtor: Sparkleberry EB, LLC
        5225 Katy Fwy., Suite 530
        Houston, TX 77007

Bankruptcy Case No.: 10-80395

Chapter 11 Petition Date: July 5, 2010

Court: United States Bankruptcy Court
       Southern District of Texas (Galveston)

Judge: Letitia Z. Paul

Debtor's Counsel: Barbara Mincey Rogers, Esq.
                  Rogers & Anderson, PLLC
                  1415 North Loop West, Suite 1020
                  Houston, TX 77008
                  Tel: (713) 868-4411
                  Fax: (713) 868-4413
                  E-mail: barbaramrogers@swbell.net

Scheduled Assets: $32,000,601

Scheduled Debts: $3,545,374

The petition was signed by Jack C. Moss, secretary/treasurer.

In its list of 20 largest unsecured creditors, the Company placed
only one entry:

Entity                   Nature of Claim        Claim Amount
------                   ---------------        ------------
Cheryl E. Johnson, RTA    Taxes                  $35,374
Galveston County Tax
Assessor Collector
722 Moody
Galveston, TX 77550


SYNTAX-BRILLIAN: Trust Seeks to Avoid $33.4MM in Digimedia Claims
-----------------------------------------------------------------
The liquidation trust in Syntax-Brillian Corp.'s bankruptcy case
is seeking to sidestep about $33.4 million in prepetition
transfers it made to Digimedia Technology Co. Ltd., saying its
creditor shouldn't be allowed to recover the claims, according to
Bankruptcy Law360.

In an adversary complaint launched Friday in the U.S. Bankruptcy
Court for the District of Delaware, SB Liquidation Trust took
issue with two sets of transfers made to Digimedia, Law360 says.

Based in Tempe, Arizona, Syntax-Brillian Corporation (Nasdaq:BRLC)
-- www.syntaxbrillian.com -- manufactures and markets LCD HDTVs,
digital cameras, and consumer electronics products include
Olevia(TM) brand high-definition widescreen LCD televisions and
Vivitar brand digital still and video cameras.  Syntax-Brillian is
the sole shareholder of California-based Vivitar Corporation.

The company and two of its affiliates -- Syntax-Brillian SPE,
Inc., and Syntax Groups Corp. -- filed for Chapter 11 protection
on July 8, 2008 (Bankr. D. Delaware Lead Case No.08-11409 through
08-11409.  Dennis A. Meloro, Esq., and Victoria Watson Counihan,
Esq., at Greenberg Traurig LLP, represent the Debtors in their
restructuring efforts.  The U.S. Trustee for Region 3 has yet to
appoint creditors to serve on an Official Committee of Unsecured
Creditors.

When the Debtors filed for protection against their creditors,
they listed total assets of $175,714,000 and total debts of
$259,389,000.


TENET HEALTHCARE: 3 Directors Acquire Stock Units
-------------------------------------------------
Three Tenet Healthcare Corp. directors disclosed acquiring stock
units in the Company on June 30, 2010.  The Stock Units were
accrued under the Company's Deferred Compensation Plans.  The
Stock Units are settled in shares of the Company's common stock in
accordance with the Company's Deferred Compensation Plans.  The
conversion rate is one share of common stock for each Stock Unit.

Richard Pettingill acquired 2,297 stock units.  He now has 29,721
stock units.  He also directly holds 50,869 shares of common
stock.

John Ellis Bush got 1,426 stock units, raising his stake to 14,749
stock units.  He also directly owns 69,677 shares of common stock.

Ronald A. Rittenmeyer received 14,069 in 2010 June Director Stock
Units.  These restricted stock units vested immediately on the
grant date and will be settled only upon termination of service.
The restricted stock units may be settled in cash, stock or a
combination of cash and stock.

Mr. Rittenmeyer also received 25,794 in 2010 June Director Stock
Units.  These restricted stock units vested immediately on the
grant date.  The restricted stock units will be settled on the
third anniversary of the date of grant or termination of service.
The restricted stock units may be settled in cash, stock or a
combination of cash and stock.

The units Mr. Rittenmeyer received constituted initial grants of
restricted stock units to new non-employee director upon
appointment to the Company's Board of Directors, pursuant to Stock
Incentive Plan.  Each restricted stock unit represents a
contingent right to receive one share of THC common stock.

                      About Tenet Healthcare

Dallas, Texas-based Tenet Healthcare Corporation (NYSE: THC) --
http://www.tenethealth.com/-- is a health care services company
whose subsidiaries and affiliates own and operate acute care
hospitals, ambulatory surgery centers and diagnostic imaging
centers.

                          *     *     *

Moody's Investors Service upgraded the Corporate Family and
Probability of Default Ratings of Tenet Healthcare Corporation to
B2 from B3.  Moody's also upgraded the rating on Tenet's senior
secured revolver to Ba2 (LGD1, 3%) from Ba3 (LGD1, 3%), senior
secured notes to B1 (LGD3, 37%) from B2 (LGD3, 35%) and senior
unsecured notes to Caa1 (LGD5, 85%) from Caa2 (LGD5, 84%).  The
ratings outlook is stable.


TEXAS HILL: Apolinio Rocha Morales Added to Creditors Panel
-----------------------------------------------------------
Ilene J. Lashinsky, the U.S. Trustee for Region 14, amended the
Official Committee of Unsecured Creditors in the Chapter 11 cases
of Texas Hill Enterprises, GP, et al. to reflect the addition of
Apolinio Rocha Morales.

The Creditors Committee now consists of:

1. Amigo Farms, Inc.
   Attn: Bruce Williams
   4245 E. 32nd Street
   Yuma, AZ 85365
   Tel: (928) 726-3738
   Fax: (928) 726-3744

2. The Dune Company of Yuma LLC
   Attn: David Maehling
   P.O. Box 5149
   Yuma, AZ 85366
   Tel: (928) 344-0040
   Fax: (928) 373-1804

3. Grower Mohawk Gin Inc.
   Attn: Gary Weaver
   39485 E. County 4th Street
   Roll, AZ 85347
   Tel: (928) 785-4913
   Fax: (928) 785-9234

4. Seeds West, Inc.
   Attn: Tom Bodderij
   3458 E. 33rd Place
   Yuma, AZ 85365
   Tel: (928) 783-2050
   Fax: (928) 725-4601

5. Snakebite Leasing Inc.
   dba Sellers Petroleum
   Attn: Dave Sellers
   821 Pacific Ave.
   Yuma, AZ 85365
   Tel: (928) 329-0777
   Fax: (928) 329-0780

6. Apolinio Rocha Morales
   P.O. Box 61
   Wellton, AZ 85356
   Tel: (928) 210-2585

                         About Texas Hill

Roll, Arizona-based Texas Hill Enterprises, GP, dba Texas Hill
Farms, filed for Chapter 11 bankruptcy on April 15, 2010 (Bankr.
D. Ariz. Case No. 10-11121).  Daniel P. Collins, Esq., and Allysse
M. Medina, Esq., at Collins, May, Potenza, Baran & Gillespie,
assists the Company in its restructuring effort.  The Company
listed $10,000,001 to $50,000,000 in assets and $1,000,001 to
$10,000,000 in debts.


TEXAS RANGERS: To Hold Auction on July 16
-----------------------------------------
Bill Rochelle at Bloomberg News reports that the Texas Rangers
baseball club acceded to the request of the chief restructuring
officer for the team's owners and decided to hold an auction on
July 16 so the bankruptcy judge could approve the sale and the
Chapter 11 plan at a July 22 confirmation hearing.

The report relates that according to a court filing, the team said
it "became clear" from talks with the owner's chief restructuring
officer that the CRO would be "more likely" to vote in favor of
the reorganization if an auction were held.  The auction would
determine whether the existing contract with a group including
team President Nolan Ryan is the best offer.

                       The Chapter 11 Plan

The Plan provides for the sale of substantially all of the assets
of TRBP -- including the Texas Rangers Major League Baseball Club
-- to Rangers Baseball Express LLC, an entity controlled by Chuck
Greenberg and Nolan Ryan, through the Prepackaged Plan.  Although
the lenders are owed $525 million in total, they receive only
$75 million directly from the team because that's the limit of the
secured debt the team itself guaranteed.

                       About Texas Rangers

Texas Rangers Baseball Partners owns and operates the Texas
Rangers Major League Baseball Club, a professional baseball club
in the Dallas/Fort Worth Metroplex.  TRBP is a Texas general
partnership, in which subsidiaries of HSG Sports Group LLC own a
100% stake.  Controlled by Thomas O. Hicks, HSG also indirectly
wholly-owns Dallas Stars, L.P., which owns and operates the Dallas
Stars National Hockey League franchise.  The Texas Rangers have
had five owners since the club moved to Arlington in 1972.  Mr.
Hicks became the fifth owner in the history of the Texas Rangers
on June 16, 1998.

In its petition, Texas Rangers Baseball Partners said it had both
assets and debt of less than $500 million.

Weil, Gotshal & Manges LLP serves as bankruptcy counsel to the
Debtor.  Forshey & Prostok LLP serves as conflicts counsel.
Parella Weinberg Partners LP serves as financial advisor.

Lenders to the Texas Rangers sought to force the baseball team's
equity owners -- Rangers Equity Holdings, L.P. and Rangers Equity
Holdings GP, LLC -- into bankruptcy court protection (Bankr. N.D.
Tex. Case No. 10-43624 and 10-43625).   The lenders, a group that
includes investment funds Monarch Alternative Capital and
Kingsland Capital Management, filed an involuntary bankruptcy
petition on May 28 against the two companies.  The two companies
were not included in the May 24 Chapter 11 filing of TRBP.


TIB FINANCIAL: Appeals to NASDAQ to Maintain Listing
----------------------------------------------------
TIB Financial Corp., parent company of TIB Bank and Naples Capital
Advisors, Inc, disclosed that as previously discussed in its Form
8-K and press release filed January 6, 2010, the Company received
a delisting notice from The NASDAQ Stock Market LLC due to the
Company's non-compliance with NASDAQ's $1.00 per share bid price
requirement through July 6, 2010.  The Company has appealed to the
NASDAQ Listing Qualifications Hearing Panel and intends to present
a plan for regaining compliance with the minimum bid price rule
for its common stock.  The notification letter from NASDAQ, which
was anticipated, indicated that its common stock would be delisted
on July 16, 2010, from the NASDAQ Global Select Market had such an
appeal not been made.  Pursuant to NASDAQ rules, the Company's
common stock will continue to trade on the Nasdaq Global Select
Market until a written decision is rendered by the Panel which may
not occur for up to 12 weeks subsequent to the Company's notice of
appeal. The Panel has the authority to grant an extension for up
to 180 calendar days from the date of the delisting notification
letter, if the Panel deems it appropriate.  If the Company's
appeal is not successful, the Company intends to request that a
market maker continue to make a market in the stock and apply to
have the Company's common stock eligible to trade on the OTC
Bulletin Board.

The Company also announced that TIB Bank has signed a Consent
Order with the FDIC and Florida Office of Financial Regulation
under which, among other things, TIB Bank has agreed to maintain a
Tier 1 Capital ratio of at least 8% of total assets and a Total
Risk Based Capital ratio of at least 12% within 90 days.  These
regulatory requirements necessitate that the Company raise about
$70 to $75 million in new capital.  The previously announced North
American Financial Holdings, Inc. proposed investment
significantly exceeds this requirement.  The Consent Order governs
certain aspects of TIB Bank's operations including a requirement
that it reduce the balance of assets classified substandard and
doubtful by at least 70% over a two-year period, and not undertake
asset growth of 5% or more per year without prior approval from
the regulatory agencies.

Thomas J. Longe, Vice Chairman, Chief Executive Officer and
President, stated, "As previously announced, on June 29, 2010, the
Company entered into a definitive agreement with North American
Financial Holdings, Inc. providing for the investment of
$175 million in the Company through the purchase of newly issued
common stock and newly created mandatorily convertible preferred
stock. We are excited about this development and the consummation
of this transaction will result in TIB Bank's compliance with the
Consent Order capital requirements.  We also believe the
transaction will assist the Company in its assessment of its
ability to meet the NASDAQ listing requirements through the NASDAQ
hearing process."

                            About NAFH

North American Financial Holdings, Inc., is a national bank
holding company headquartered in Charlotte, North Carolina and
Jacksonville, Florida.  NAFH was incorporated in the state of
Delaware in 2009 and has raised approximately $900 million of
equity capital, which it intends to invest in undercapitalized
banks with the goal of establishing a strongly capitalized, high
performance regional bank.

                        About TIB Financial

Headquartered in Naples, Florida, TIB Financial Corp. is a
financial services company with approximately $1.7 billion in
total assets and 28 full-service banking offices throughout the
Florida Keys, Homestead, Naples, Bonita Springs, Fort Myers, Cape
Coral and Venice. TIB Financial Corp. is also the parent company
of Naples Capital Advisors, Inc., a registered investment advisor
with approximately $164 million of assets under advisement.


TRADE SECRET: Files for Ch. 11, Plans $45MM Sale to Regis
---------------------------------------------------------
Premier Salons Beauty Inc., Trade Secret Inc., and six affiliates
filed for bankruptcy protection on July 6 (Bankr. D. Del. Lead
Case No. 10-12153).

The Chapter 11 petitions of Premier Salons and Trade Secret each
listed assets of up to $50,000 and debts of $10,000,000 to
$50,000,000.

The Debtors said their directors have authorized a sale of the
assets to larger rival Regis Corp.  In a corporate resolution, the
directors said the sale of all or substantially all Company assets
to Regis would be 'pursuant to a credit bid of Regis's secured
debt,' and subject to better offers.

The Debtors have a term sheet to sell the business to former owner
Regis and an entity controlled by the family that bought the
company from Regis in January 2009.  The $45 million total
purchase price is to be paid by a credit against the $32 million
in secured debt owing to Edina, Regis and the assumption of $13
million in debt.  The newly formed affiliate of Regis will
continue Trade Secret's operations, as a scaled down operation
that eliminates unprofitable stores, and will continue to employ a
substantial number of the Debtors' existing employees.

The Debtors, in consultation with their management and
professionals, have retained the services of an experienced
investment banker, SSG Capital Advisors, LLC, to assist the
Debtors in conducting a fairly rapid, but robust postpetition
marketing process to determine whether any higher and better bids
are available in the marketplace.

Bloomberg relates that Trade Secret, along with its affiliates, is
asking the bankruptcy court to set up sale procedures calling for
other offers by Aug. 20 and an auction on Aug. 25, followed the
next day by a hearing to approve the sale.

Brian Luborsky, the chief executive officer of the family-owned
unit, said in court papers that the bankruptcy was caused in part
by the recession and the decline in discretionary spending.  Some
stores were losing money before the acquisition, and some leases
are above market, he said.

Regis owns, franchises or has stakes in more than 12,700 salons,
hair restoration centers and cosmetology education services, under
such names as Supercuts, Cool Cuts 4 Kids and Hair Club for Men
and Women. The Minneapolis-based company did not immediately
return calls seeking comment.

                        About Trade Secret

Trade Secret and its affiliates currently own and operate
approximately 612 retail and salon locations in shopping malls and
strip centers throughout the United States and Puerto Rico, on a
collective basis.  The Trade Secret Group consists of stores
operating primarily under four trade names: Trade Secret, Beauty
Express, BeautyFirst, and PureBeauty(R).

Non-debtor affiliates Premier Salons, Inc. and Premier Salons Ltd.
and its U.S. and Canadian corporate affiliates own and operate 340
hair and cosmetic service salons throughout North America, with
locations in specialty stores such as Saks, Sears, and Macy's.

Joseph M. Barry, Esq., at Young, Conaway, Stargatt & Taylor,
represents the Debtors in their Chapter 11 effort.  Epiq
Bankruptcy Solutions, LLC, is claims agent to the Debtors.


TRIBUNE CO: Manchester Asks FCC to Disapprove Tribune Licenses
--------------------------------------------------------------
Neil Ellis, owner of the Manchester Journal Inquirer, asks the
Federal Communications Commission not to grant Tribune Company the
licenses it needs to operate two television stations in the
Hartford area, The Wall Street Journal reported.

The Journal quoting papers filed with the FCC said Mr. Ellis
asserts that Tribune violated rules that prevent cross ownership
of broadcasters and newspapers in the same market.

Tribune is seeking to transfer licenses held by Fox affiliate WTIC
and CW affiliate WTXX to the reorganized company that emerges from
Chapter 11, the Journal said in the report.  Tribune received an
FCC waiver to own the three Connecticut properties in 2007, and
it's seeking to continue that arrangement, the report added.

Mr. Ellis complains that the ownership of three outlets has
resulted in the "loss of diversity and viewpoints," the Journal
said, further quoting papers filed with the FCC.

Tribune "utilized the television stations to bolster advertising
revenues by offering advertisers discounted rates for purchasing
ads with both the television stations and the newspaper," Mr.
Ellis was quoted by WSJ as saying.

Mr. Ellis maintained that the model makes it difficult for Journal
Inquirer to compete for advertisers as a stand-alone entity.

                         About Tribune Co.

Headquartered in Chicago, Illinois, Tribune Co. --
http://www.tribune.com/-- is a media company, operating
businesses in publishing, interactive and broadcasting, including
ten daily newspapers and commuter tabloids, 23 television
stations, WGN America, WGN-AM and the Chicago Cubs baseball team.

The Company and 110 of its affiliates filed for Chapter 11
protection on Dec. 8, 2008 (Bankr. D. Del. Lead Case No. 08-
13141).  The Debtors proposed Sidley Austion LLP as their counsel;
Cole, Schotz, Meisel, Forman & Leonard, PA, as Delaware counsel;
Lazard Ltd. and Alvarez & Marsal North Americal LLC as financial
advisors; and Epiq Bankruptcy Solutions LLC as claims agent.  As
of Dec. 8, 2008, the Debtors have $7,604,195,000 in total assets
and $12,972,541,148 in total debts.

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


TRIBUNE CO: Proposes to Assume Agreements With Carsey-Werner
------------------------------------------------------------
Debtors Tribune Broadcasting Company; KPLR, Inc.; Tribune
Broadcast Holdings, Inc.; Tribune Television Company; Tribune
Television Holdings, Inc.; and WTXX Inc. seek the Court's
authority to assume certain amended syndicated program agreements
with Carsey-Werner Distribution.

The Debtors program their television stations with a variety of
local news, sports, and general entertainment programming, much of
which is obtained from third-party program suppliers.  General
entertainment programming comprises the bulk of a television
station's daily broadcast schedule, and that programming has two
primary sources:

  (i) network programming that is provided to the station by a
      broadcast network and generally airs on a uniform schedule
      on all network-affiliated stations nationwide; and

(ii) syndicated programming that is provided to the station
      from third-party program suppliers, or "syndicators," for
      broadcast solely within a local designated market area,
      usually during negotiated time periods, or "windows."

Prior to the Petition Date, the Debtors, or stations owned by the
Debtors, entered into four syndicated program agreements with
Carsey-Werner for the popular television series That '70s Show.
Carsey-Werner is an independent distribution company that
specializes in the creative development and distribution of
quality, comedy programming for domestic and international
markets, and currently distributes 27 "off-network" series.  That
'70s Show is a 30-minute situation comedy aired daily by the
Debtors' television stations.  In all, That '70s Show comprises
16.5 hours per week of programming for the Debtors.

The Debtors view the Program Agreements as economically favorable
and desire to maintain them.  Among other things, the Debtors
note, the Program Agreements allow them to broadcast That '70s
Show in time periods that optimize the station's ability to retain
their audience from program to program and to otherwise manage
their broadcast schedules to greatest advantage.  Additionally,
the Debtors have the right to sell and insert commercial
advertisements within the syndicated programming and to retain all
the proceeds derived therefrom, an important source of revenue to
the Debtors.

As a result of recent discussions, the parties have agreed to
certain amendments to the Program Agreements, on the basis of
which the Debtors are prepared to assume those Agreements, as
amended.  The amended Program Agreements will reduce, effective
July 5, 2010, the weekly fees paid to Carsey-Werner in the
Portland and Hartford DMAs by approximately 35% and 20%, over the
remaining term of the Agreements.  The Debtors relate that their
aggregate savings over time from these reductions will be
approximately $445,000.  In addition, the Debtors maintain, the
amendments will expand the time period windows for them to air
That '70s Show in the Hartford, Portland, and Grand Rapids DMAs.

The Debtors and Carsey-Werner agree that the total amount that the
Debtors would be required to pay to "cure" prepetition defaults as
a condition of the assumption of the Program Agreements is
$143,483.

Copies of the Program Agreements, as amended, are available for
free at http://bankrupt.com/misc/Tribune_CarseyAgmt.pdf

                         About Tribune Co.

Headquartered in Chicago, Illinois, Tribune Co. --
http://www.tribune.com/-- is a media company, operating
businesses in publishing, interactive and broadcasting, including
ten daily newspapers and commuter tabloids, 23 television
stations, WGN America, WGN-AM and the Chicago Cubs baseball team.

The Company and 110 of its affiliates filed for Chapter 11
protection on Dec. 8, 2008 (Bankr. D. Del. Lead Case No. 08-
13141).  The Debtors proposed Sidley Austion LLP as their counsel;
Cole, Schotz, Meisel, Forman & Leonard, PA, as Delaware counsel;
Lazard Ltd. and Alvarez & Marsal North Americal LLC as financial
advisors; and Epiq Bankruptcy Solutions LLC as claims agent.  As
of Dec. 8, 2008, the Debtors have $7,604,195,000 in total assets
and $12,972,541,148 in total debts.

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


TRIBUNE CO: Wilmington Trust Seeks Temporary Allowance of Claims
----------------------------------------------------------------
Wilmington Trust Company, successor indenture trustee for the
Exchangeable Subordinated Debentures due 2029 in the aggregate
principal amount of $1.2 billion issued in April 1999 by Tribune
Company, asks the Court to estimate and temporarily allow its
current accrued amount of indenture trustee fees for plan
confirmation voting purposes.

Wilmington Trust's counsel, Raymond H. Lemisch, Esq., at Benesch,
Friedlander, Coplan & Aronoff LLP, in Wilmington, Delaware --
rlemisch@beneschlaw.com  -- complains that the current proposed
plan of reorganization erred by improperly classifying Wilmington
Trust's claim and silencing its vote.  According to Mr. Lemisch,
Wilmington Trust's claim has two components:

  (i) The principal amount owed by Tribune to the bondholders
      under the PHONES indenture, which portion of the claims is
      currently classified as the Class 1J PHONES Note Claim
      under the Plan; and

(ii) The Indenture Trustee Fees of Wilmington Trust and it is
      incorrectly classified with the amount due to the holders
      of the PHONES.

Mr. Lemisch asserts that unlike the principal amount due to the
holders of the PHONES, the fees of Wilmington Trust are not
purportedly subordinated to any senior indebtedness; they are pari
passu with the other unsecured debt of Tribune.  Other claims at
the parent company level are receiving a distribution estimated to
equal 35.18% of the value of their claim, and these claims are
considered impaired and eligible to vote under the Plan, he adds.

Mr. Lemisch contends that the Indenture Trustee Fees must receive
identical treatment under the Bankruptcy Code, and accordingly
should be estimated and temporarily allowed for voting purposes.
Under the current class system, the Indenture Trustee Fees should
be part of Class 1F - the class for miscellaneous "other parent
claims," he asserts.

Consequently, Mr. Lemisch maintains, the Court should enter an
order allowing Wilmington Trust to vote the portion of its claim
that constitutes Indenture Trustee Fees as part of Class 1F.

                         About Tribune Co.

Headquartered in Chicago, Illinois, Tribune Co. --
http://www.tribune.com/-- is a media company, operating
businesses in publishing, interactive and broadcasting, including
ten daily newspapers and commuter tabloids, 23 television
stations, WGN America, WGN-AM and the Chicago Cubs baseball team.

The Company and 110 of its affiliates filed for Chapter 11
protection on Dec. 8, 2008 (Bankr. D. Del. Lead Case No. 08-
13141).  The Debtors proposed Sidley Austion LLP as their counsel;
Cole, Schotz, Meisel, Forman & Leonard, PA, as Delaware counsel;
Lazard Ltd. and Alvarez & Marsal North Americal LLC as financial
advisors; and Epiq Bankruptcy Solutions LLC as claims agent.  As
of Dec. 8, 2008, the Debtors have $7,604,195,000 in total assets
and $12,972,541,148 in total debts.

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


TROPICANA ENT: Judge Carey Awards Feb-June 2009 Professional Fees
-----------------------------------------------------------------
Judge Kevin J. Carey, chief United States bankruptcy judge for
the District of Delaware, having reviewed the Fee Auditor's final
reports with respect to the Fee Applications of certain
professionals, approved the interim allowance of fees, including
all holdbacks, and expenses for the periods:

  (i) February 2009 through April 2009, aggregating $8,541,912
      in fees, and $334,860 in expenses; and

(ii) May 2009 through June 2009, aggregating $2,677,416 in
      fees, and $84,181 in expenses.

Schedules of the approved Fourth and Fifth Interim Fee
Applications are available at no charge at:

       http://bankrupt.com/misc/Tropi_Ord4thFA062310.pdf
       http://bankrupt.com/misc/Tropi_Ord5thFA062310.pdf

                   About Tropicana Entertainment

Tropicana Entertainment LLC and its units owned eleven casino
properties in eight distinct gaming markets with premier
properties in Las Vegas, Nevada, and Atlantic City, New Jersey.

Tropicana Entertainment LLC and certain affiliates filed for
Chapter 11 protection on May 5, 2008 (Bankr. D. Del. Case No. 08-
10856).  Kirkland & Ellis LLP and Mark D. Collins, Esq., at
Richards Layton & Finger, represent the Debtors in their
restructuring efforts.  Their financial advisor is Lazard Ltd.
Their notice, claims, and balloting agent is Kurtzman Carson
Consultants LLC.  Epiq Bankruptcy Solutions LLC is the Debtors'
Web site administration agent.  AlixPartners LLP is the Debtors'
restructuring advisor.  Stroock & Stroock & Lavan LLP and Morris
Nichols Arsht & Tunnell LLP represent the Official Committee of
Unsecured Creditors in this case.  Capstone Advisory Group LLC is
financial advisor to the Creditors' Committee.

The OpCo Debtors, a group of Tropicana entities owning casinos and
resorts in Atlantic City, New Jersey and Evansville, Indiana
obtained confirmation from the Bankruptcy Court of a
reorganization plan.  On April 29, 2009, non-debtor units of the
OpCo Debtors, designated as the New Jersey Debtors -- Adamar of
New Jersey, Inc., and its affiliate, Manchester Mall, Inc. --
filed for Chapter 11 (Bankr. D. N.J. Lead Case No. 09- 20711) to
effectuate a sale of the Atlantic City Resort and Casino to a
group of Investors-led by Carl Icahn.   Judge Judith H. Wizmur
presides over the cases.  Manchester Mall is a wholly owned
subsidiary of Adamar that owns and operates certain real property
utilized in the New Jersey Debtors' business operations.
Effective March 8, Tropicana Entertainment successfully emerged
from the Chapter 11 reorganization process as an Carl Icahn-owned
entity.

A group of Tropicana entities, known as the LandCo Debtors, which
own Tropicana casino property in Las Vegas, have obtained approval
of a separate Chapter 11 plan.

Ilana Volkov, Esq., and Michael D. Sirota, Esq., at Cole, Schotz,
Meisel, Forman & Leonard, in Hackensack, New Jersey, represented
the New Jersey Debtors.  Kurtzman Carson Consultants LLC acts as
their claims and notice agent.  Adamar disclosed $500 million to
$1 billion both in total assets and debts in its petition.
Manchester Mall disclosed $1 million to $10 million in total
assets, and less than $50,000 in total debts in its petition.

Bankruptcy Creditors' Service, Inc., publishes Tropicana
Bankruptcy News.  The newsletter tracks the chapter 11
restructuring proceedings commenced by Tropicana Entertainment LLC
and its affiliates.  (http://bankrupt.com/newsstand/or
215/945-7000


TROPICANA ENT: NJ Debtors Seek to Expand Services of JH Cohn
------------------------------------------------------------
Pursuant to Section 327(a) of the Bankruptcy Code, New Jersey
Debtors Adamar of New Jersey, Inc. and Manchester Mall, Inc., ask
the Bankruptcy Court for the District of New Jersey to expand the
scope of services of their financial advisors, J.H. Cohn LLP, to
include the preparation of:

  (a) The NJ Debtors' federal and New Jersey tax returns for the
      year ending December 31, 2009, and the period commencing
      from January 1, 2010, through and including June 9, 2010;
      and

  (b) Adamar of NJ In Liquidation, LLC's federal and New Jersey
      income tax returns for the period commencing from June 9,
      2010, through and including the earlier of its dissolution
      or December 31, 2010.

In accordance with the Amended and Restated Purchase Agreement
for the sale of substantially all of the NJ Debtors' assets and
corresponding Sale order, the NJ Debtors have merged into Adamar
of NJ In Liquidation, LLC.

J.H. Cohn intends to bill for the tax return preparation work in
accordance with its hourly billing rates:

       Partners                         $550 - $720
       Manager, Sr. manager, Director   $420 - $550
       Other professional staff         $185 - $360
       Staff, paraprofessional          $155 - $175

In the normal course of business, J.H. Cohn notes that it revises
its hourly rates on February 1 of each year.  The Firm also
intends to seek reimbursement for actual and necessary expenses
it incurred or will incur in connection with the contemplated
services.

Bernard A. Katz, a partner of J.H. Cohn, relates that his Firm
has agreed to cap its professional fees.  Thus, $45,000 will be
billed for the preparation of the NJ Debtors' federal and New
Jersey income tax returns for the year ending December 31, 2009,
and the period commencing from January 1, 2010, through and
including June 9, 2010; and $4,500 will be billed for Adamar In
Liquidation's federal and New Jersey income tax returns for the
period commencing from June 9, 2010, through and including the
earlier of dissolution or December 31, 2010.

Mr. Katz maintains that J.H. Cohn does not hold or represent any
interest materially adverse to the NJ Debtors or their estates.
The Firm remains a disinterested person within the meaning of
Sections 327(a) and 101(14) of the Bankruptcy Code, Mr. Katz
attests.

                   About Tropicana Entertainment

Tropicana Entertainment LLC and its units owned eleven casino
properties in eight distinct gaming markets with premier
properties in Las Vegas, Nevada, and Atlantic City, New Jersey.

Tropicana Entertainment LLC and certain affiliates filed for
Chapter 11 protection on May 5, 2008 (Bankr. D. Del. Case No. 08-
10856).  Kirkland & Ellis LLP and Mark D. Collins, Esq., at
Richards Layton & Finger, represent the Debtors in their
restructuring efforts.  Their financial advisor is Lazard Ltd.
Their notice, claims, and balloting agent is Kurtzman Carson
Consultants LLC.  Epiq Bankruptcy Solutions LLC is the Debtors'
Web site administration agent.  AlixPartners LLP is the Debtors'
restructuring advisor.  Stroock & Stroock & Lavan LLP and Morris
Nichols Arsht & Tunnell LLP represent the Official Committee of
Unsecured Creditors in this case.  Capstone Advisory Group LLC is
financial advisor to the Creditors' Committee.

The OpCo Debtors, a group of Tropicana entities owning casinos and
resorts in Atlantic City, New Jersey and Evansville, Indiana
obtained confirmation from the Bankruptcy Court of a
reorganization plan.  On April 29, 2009, non-debtor units of the
OpCo Debtors, designated as the New Jersey Debtors -- Adamar of
New Jersey, Inc., and its affiliate, Manchester Mall, Inc. --
filed for Chapter 11 (Bankr. D. N.J. Lead Case No. 09- 20711) to
effectuate a sale of the Atlantic City Resort and Casino to a
group of Investors-led by Carl Icahn.   Judge Judith H. Wizmur
presides over the cases.  Manchester Mall is a wholly owned
subsidiary of Adamar that owns and operates certain real property
utilized in the New Jersey Debtors' business operations.
Effective March 8, Tropicana Entertainment successfully emerged
from the Chapter 11 reorganization process as an Carl Icahn-owned
entity.

A group of Tropicana entities, known as the LandCo Debtors, which
own Tropicana casino property in Las Vegas, have obtained approval
of a separate Chapter 11 plan.

Ilana Volkov, Esq., and Michael D. Sirota, Esq., at Cole, Schotz,
Meisel, Forman & Leonard, in Hackensack, New Jersey, represented
the New Jersey Debtors.  Kurtzman Carson Consultants LLC acts as
their claims and notice agent.  Adamar disclosed $500 million to
$1 billion both in total assets and debts in its petition.
Manchester Mall disclosed $1 million to $10 million in total
assets, and less than $50,000 in total debts in its petition.

Bankruptcy Creditors' Service, Inc., publishes Tropicana
Bankruptcy News.  The newsletter tracks the chapter 11
restructuring proceedings commenced by Tropicana Entertainment LLC
and its affiliates.  (http://bankrupt.com/newsstand/or
215/945-7000


TROPICANA ENT: OpCo Submits Post-Confirmation Report for Q1 2010
----------------------------------------------------------------
Lance Millage, senior vice president finance and treasurer of
Tropicana Entertainment, LLC, submitted a post-confirmation
quarterly summary report of the OpCo Debtors for the reporting
period from March 8 to 31, 2010.

The Post-Confirmation Quarterly Report reflects financial tables
on cash sources/use summary and a combined balance sheet:

                  Tropicana Entertainment, LLC
                    Cash Sources/Uses Summary
                     For March 8 to 31, 2010
                           Unaudited

  Beginning cash balance                          $32,196,081

  All receipts received by Debtor:
    Cash sales                                     27,362,800
    Collection of accounts receivable                       0
    Proceeds from litigation (settlement, etc)              0
    Sale of Reorganized OpCo Debtor's assets                0
    Capital infusion pursuant to OpCo Plan         83,459,451
                                               --------------
    Total cash received                           110,822,251
                                               --------------
    Total cash available                          143,018,332

  Less all disbursements or payments:
    Disbursements made under the OpCo Plan,        83,459,451
     excluding admin. claims of bankruptcy
     professionals
    Disbursements made pursuant to the admin.         744,075
     claims of bankruptcy professionals
    All other disbursements made in the            29,749,349
     ordinary course
                                               --------------
    Total disbursements                           113,952,875
                                               --------------
  Ending Cash Balance                             $29,065,457
                                               ==============

                    Reorganized OpCo Debtors
                     Combined Balance Sheet
                      As of March 31, 2010
                           Unaudited

  ASSETS
  Current Assets:
    Cash - unrestricted                           $38,170,310
    Cash - restricted                              18,875,577
    Accounts receivable - net                      15,058,441
    Inventory                                       1,693,503
    Notes receivable                                        0
    Prepaid expenses                                9,185,143
    Other                                                   0
                                               --------------
    Total Current Assets                           82,982,974

  Property, Plant and Equipment:
    Real prop., bldgs, boats & improvements       231,736,474
    Machinery and equipment                                 0
    Furniture, fixtures and office equipment       33,567,866
    Vehicles                                                0
    Leasehold improvements / CIP                    4,001,901
    Less: Accumulated depreciation/depletion       (1,331,522)
                                               --------------
    Total property, plant and equipment           267,974,719

  Due from affiliates and insiders                          0
  Other                                            84,152,217
                                               --------------
  TOTAL ASSETS                                   $435,109,911
                                               ==============

  LIABILITIES AND SHAREHOLDERS' DEFICIT
  Liabilities Not Subject to Compromise -- Postpetition:
    Accounts payable                              $16,251,530
    Taxes payable                                   8,474,895
    Notes payable                                     325,708
    Professional fees                                       0
    Secured debt                                            0
    Due to affiliates and insiders                 56,450,614
    Other                                          62,069,604
                                               --------------
    Total postpetition liabilities                143,572,351

  Liabilities Subject to Compromise -- Prepetition:
    Secured debt - per plan                                 0
    Priority debt - per plan                                0
    Unsecured debt - per plan                               0
    Other - per plan                                        0
                                               --------------
    Total prepetition liabilities                           0
                                               --------------
  Total Liabilities                               143,572,351

  Equity:
    Common stock                                        1,000
    Retained earnings (deficit)                   291,536,560
                                               --------------
    Total Equity (Deficit)                        291,537,560
                                               --------------
  TOTAL LIABILITIES AND OWNERS' EQUITY           $435,109,911
                                               ==============

The quarterly operating report is being filed on behalf of Adamar
Garage Corporation; Argosy of Louisiana, Inc.; Atlantlc~Deauville
Inc.; Aztar Corporation; Aztar Development Corporation; Aztar
Indiana Gaming Company, LLC; Aztar Indiana Gaming Corporation;
Aztar Missouri Gaming Corporation; Aztar Riverboat Holding
Company, LLC; Catfish Queen Partnership in Commendam; Centroplex
Centre Convention Hotel, L.L.C.; Columbia Properties Laughlin,
LLC; Columbia Properties Tahoe, LLC; Columbia Properties
Vicksburg, LLC; CP Baton Rouge Casino, L.L.C.; CP Laughlin
Realty, LLC; Jazz Enterprises, Inc.; JMBS Casino LLC; Ramada New
Jersey Holdings Corporation; Ramada New Jersey, Inc.; Sf. Louis
Riverboat Entertainment, Inc.; Tahoe Horizon, LLC; Tropicana
Entertainment Holdings, LLC; Tropicana Entertainment Intermediate
Holdings, LLC; Tropicana Entertainment, LLC; Tropicana Express,
Inc.; and Tropicana Finance Corp.  They are collectively referred
to as the Reorganized OpCo Debtors.

The OpCo Debtors' Plan became effective on March 8, 2010.
Accordingly, at the Effective Date, the OpCo Debtors emerged from
Chapter 11 and are no longer debtors-in-possession.

On and after the Effective Date, the Reorganized OpCo Debtors
began the process of making distributions under the Plan,
according to Mr. Millage.

Mr. Millage adds that pursuant to the OpCo Plan, on the Effective
Date, a series of restructuring transactions were consummated,
which include:

  (a) The termination of $1,300,000,000 of indebtedness under
      the OpCo Credit Facility.

  (b) The cancellation of senior subordinated notes of
      $960,000,000.

  (c) The cancellation of roughly $165,500,000 of other pre-
      petition indebtedness.

  (d) The payment in full of the DIP Credit Facility in the
      amount of $65,200,000 and related interest, funded by
      Tropicana Entertainment Inc.

  (e) The reinstatement, payment in full, or satisfaction in
      full of certain Allowed Claims of roughly $21,500,000.

  (f) Tropicana Entertainment Inc. entering into a credit
      facility consisting of (1) a $130,000,000 senior secured
      term loan credit facility issued at a discount of 7%, and
      (2) a $20,000,000 senior secured revolving credit
      facility.  Approximately $83,500,000 of the funds were
      used in payment of certain items on behalf of Tropicana
      Entertainment, LLC.

For the reporting period, the Reorganized OpCo Debtors listed
cash disbursements totaling $113,953,000.

They also listed the balances of their existing bank accounts,
which aggregate $15,010,333.70 as of March 31, 2010.

                   About Tropicana Entertainment

Tropicana Entertainment LLC and its units owned eleven casino
properties in eight distinct gaming markets with premier
properties in Las Vegas, Nevada, and Atlantic City, New Jersey.

Tropicana Entertainment LLC and certain affiliates filed for
Chapter 11 protection on May 5, 2008 (Bankr. D. Del. Case No. 08-
10856).  Kirkland & Ellis LLP and Mark D. Collins, Esq., at
Richards Layton & Finger, represent the Debtors in their
restructuring efforts.  Their financial advisor is Lazard Ltd.
Their notice, claims, and balloting agent is Kurtzman Carson
Consultants LLC.  Epiq Bankruptcy Solutions LLC is the Debtors'
Web site administration agent.  AlixPartners LLP is the Debtors'
restructuring advisor.  Stroock & Stroock & Lavan LLP and Morris
Nichols Arsht & Tunnell LLP represent the Official Committee of
Unsecured Creditors in this case.  Capstone Advisory Group LLC is
financial advisor to the Creditors' Committee.

The OpCo Debtors, a group of Tropicana entities owning casinos and
resorts in Atlantic City, New Jersey and Evansville, Indiana
obtained confirmation from the Bankruptcy Court of a
reorganization plan.  On April 29, 2009, non-debtor units of the
OpCo Debtors, designated as the New Jersey Debtors -- Adamar of
New Jersey, Inc., and its affiliate, Manchester Mall, Inc. --
filed for Chapter 11 (Bankr. D. N.J. Lead Case No. 09- 20711) to
effectuate a sale of the Atlantic City Resort and Casino to a
group of Investors-led by Carl Icahn.   Judge Judith H. Wizmur
presides over the cases.  Manchester Mall is a wholly owned
subsidiary of Adamar that owns and operates certain real property
utilized in the New Jersey Debtors' business operations.
Effective March 8, Tropicana Entertainment successfully emerged
from the Chapter 11 reorganization process as an Carl Icahn-owned
entity.

A group of Tropicana entities, known as the LandCo Debtors, which
own Tropicana casino property in Las Vegas, have obtained approval
of a separate Chapter 11 plan.

Ilana Volkov, Esq., and Michael D. Sirota, Esq., at Cole, Schotz,
Meisel, Forman & Leonard, in Hackensack, New Jersey, represented
the New Jersey Debtors.  Kurtzman Carson Consultants LLC acts as
their claims and notice agent.  Adamar disclosed $500 million to
$1 billion both in total assets and debts in its petition.
Manchester Mall disclosed $1 million to $10 million in total
assets, and less than $50,000 in total debts in its petition.

Bankruptcy Creditors' Service, Inc., publishes Tropicana
Bankruptcy News.  The newsletter tracks the chapter 11
restructuring proceedings commenced by Tropicana Entertainment LLC
and its affiliates.  (http://bankrupt.com/newsstand/or
215/945-7000


UCHE KANU: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------
Joint Debtors: Uche G. Kanu
                 aka Uche Godson Kanu
                 aka Uchenna Kanu
               Laura Kanu
                 dba CPS Staffing
                 dba CP&S Staffing
               930 Peachwood Bend Dr
               Houston, TX 77077

Bankruptcy Case No.: 10-35458

Chapter 11 Petition Date: July 2, 2010

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Judge: Marvin Isgur

Debtor's Counsel: Peter Johnson, Esq.
                  Law Offices of Peter Johnson, Suite 2820
                  Eleven Greenway Plaza
                  Houston, TX 77046
                  Tel: (713) 961-1200
                  Fax: (713) 961-0941
                  E-mail: pjlawecf@pjlaw.com

Estimated Assets: $500,001 to $1,000,000

Estimated Debts: $1,000,001 to $10,000,000

A list of the Company's 20 largest unsecured creditors
filed together with the petition is available for free
at http://bankrupt.com/misc/txsb10-35458.pdf

The petition was signed by Uche G. Kanu and Laura Kanu.


UNISYS CORP: Files 2009 Annual Report on Savings Plan
-----------------------------------------------------
Unisys Corporation filed with the Securities and Exchange
Commission an annual report on Form 11-K for its Unisys Savings
Plan for the year ended December 31, 2009.

At December 31, 2009, net assets available for benefits under the
plan total $1,846,542.

A full-text copy of the Form 11-K report is available at no charge
at http://ResearchArchives.com/t/s?6601

                           About Unisys

Based in Blue Bell, Pennsylvania, Unisys Corporation (NYSE: UIS)
-- http://www.unisys.com/-- provides a portfolio of IT services,
software, and technology that solves critical problems for
clients.  With more than 26,000 employees, Unisys serves
commercial organizations and government agencies throughout the
world.

The Company's balance sheet for March 31, 2010, showed
$2.7 billion total assets, $1.2 billion total liabilities,
$846.6 million long-term debt, $1.5 billion long-term
postretirement liabilities, $294.4 million commitments and
contingencies, for a $1.2 billion stockholders' deficit.


UNO RESTAURANT: Court Approves Plan of Reorganization
-----------------------------------------------------
As widely reported, a bankruptcy judge in Delaware approved the
Chapter 11 plan of reorganization of Uno Restaurant Holdings Corp.
The plan gives senior secured noteholders all the stock in the
reorganized company plus $1.75 million cash.

Unsecured creditors are to recover 13%.  They were originally set
to receive nothing.  Under a settlement inked later in the Chapter
11 case, the unsecured creditors split $1.75 million provided by
the noteholders.

The plan is intended to reduce debt to $41 million from $176.3
million.  Before and during the Chapter 11 case, 24 locations were
closed.

The Boston Herald reports that existing Uno lender Wells Fargo
Capital Finance and the Company's bondholders have agreed to
provide $55 million in financing.  According to Bloomberg, the
noteholders are providing a backstop for a $27 million rights
offering for new second-lien debt.

              About Uno Restaurant Holdings Corporation

Boston, Massachusetts-based Uno Restaurant Holdings Corporation --
http://www.unos.com/-- has 179 company-owned and franchised
full-service Uno Chicago Grill restaurants located in 28 states,
the District of Columbia, Puerto Rico, South Korea, the United
Arab Emirates, Honduras, Kuwait, and Saudi Arabia.  The company
also operates a fast casual concept called Uno Due Go(R), a quick
serve concept called Uno Express, and a consumer foods division
which supplies airlines, movie theaters, hotels, airports, travel
plazas, schools and supermarkets with both frozen and refrigerated
private-label foods and branded Uno products.

The Company and 152 affiliates filed for Chapter 11 bankruptcy
protection on January 20, 2010 (Bankr. S.D.N.Y. Lead Case No.
10-10209).  The Company listed $100,000,001 to $500,000,000 in
assets and $100,000,001 to $500,000,000 in liabilities.

Weil, Gotshal & Manges LLP assists the Debtors in their
restructuring effort.  CRG Partners Group LLC is the restructuring
advisor.  Kurtzman Carson Consultants LLC serves as noticing and
claims agent.


US ENERGY: Files Amended Plan, Eyes End of Bankruptcy
-----------------------------------------------------
U.S. Energy Systems Inc. is nearing the end of its bankruptcy,
filing an amended plan that calls for the completion of the
liquidation of its assets and a full recovery for secured
creditors, according to Bankruptcy Law360.

Based in Avon, Connecticut, U.S. Energy Systems, Inc., (Pink
Sheets: USEY) -- http://www.usenergysystems.com/-- owns green
power and clean energy and resources.  USEY owns and operates
energy projects in the United States and United Kingdom that
generate electricity, thermal energy and gas production.

The company filed for Chapter 11 protection on Jan. 9, 2008 (Bank.
S.D. N.Y. Case No. 08-10054).  Subsequently, 34 affiliates filed
separate Chapter 11 petitions.  Peter S. Partee, Esq., at
Hunton & Williams LLP, represents the Debtor in its restructuring
efforts.  Jefferies & Company, Inc., serves as the company's
financial advisor.  The Debtor selected Epiq Bankruptcy Solutions
LLC as noticing, claims and balloting agent.

The Official Committee of Unsecured Creditors has yet to be
appointed in these cases by the U.S. Trustee for Region 2.  When
the Debtors filed for protection from their creditors, they listed
total assets of US$258,200,000 and total debts of US$175,300,000.


US FIDELIS: Appointment of Ch. 11 Trustee Extended Until August 25
------------------------------------------------------------------
The Hon. Charles E. Rendlen, III, of the U.S. Bankruptcy Court for
the Eastern District of Missouri extended the appointment of a
Chapter 11 trustee in the reorganization case of US Fidelis, Inc.,
until 10:00 a.m. on August 25, 2010.

To ensure continued progress, the State of Missouri, along with
several other attorneys general, will form an ad hoc committee
whose membership will be determined by the states.  The Debtor
will recognize the AGO Committee, will keep it reasonably apprised
of the Debtor's activities and decisions, and will seek and accept
input and feedback from the AGO Committee.

Wentzville, Missouri-based US Fidelis, Inc., is a marketer of
vehicle service contracts developed by independent and unrelated
companies.  The Company filed for Chapter 11 bankruptcy protection
on March 1, 2010 (Bankr. E.D. Mo. Case No. 10-41902).  Robert E.
Eggmann, Esq., at Lathrop & Gage, assists the Company in its
restructuring effort.  According to the schedules, the Company has
assets of $74,386,836, and total debts of $25,770,655.


VISTEON CORP: Citadel Entities Stake Down to 0%
-----------------------------------------------
In an amended Schedule 13D filing with the U.S. Securities and
Exchange Commission, Citadel Securities LLC, Citadel Holdings I
LP, Citadel Investment Group II, LLC, and Kenneth Griffin
disclose that they do not beneficially own shares of Visteon
Corporation as of June 25, 2010.

The Citadel Entities sold their shares on these dates:

  Date of               Number of
Transaction              Shares         Price Per Share
-----------             ---------       ---------------
05/24/10                100,000            1.7605
05/24/10                268,400            1.214
05/26/10                150,000            1.2417
05/28/10                 50,000            1.489
05/28/10                350,000            1.5007
06/14/10                 99,600            1.0775
06/24/10                    400            0.661

                         About Visteon Corp.

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

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

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


VISTEON CORP: Claim Transfers for June Aggregate $127,000
---------------------------------------------------------
Twelve creditors notified the Court in June 2010 that they
intend to transfer their claims against the Debtors to various
parties.

The Creditors and their corresponding claims are:

                                                       Claim
Transferor                  Transferee                 Amount
----------                  ----------               ----------
TI Automotive Cisliano SRL  Fair Harbor Capital, LLC   $31,178

MAAC Machinery Co           United States Debt
                            Recovery V, LP              30,620

J&N Fabrications Inc        United States Debt
                            Recovery V, LP              30,427

PSC Fabricating Corp        ASM Capital, L.P.           18,603

Testing Services Group LLC  United States Debt
                            Recovery V LP                4,675

Buckeye Automation Inc      United States Debt
                            Recovery V, LP               3,355

R B & A                     United States Debt
                            Recovery V, LP               2,625

Human Management Services   United States Debt
Inc                         Recovery V, LP               2,064

J Com Edi Service           United States Debt
                            Recovery V, LP               1,323

Genesis Global Solutions    United States Debt
Sa De Cv                    Recovery V, LP                 778


Bye Bye Birdie Goose        United States Debt
Control LLC                 Recovery V LP                  675
Airfloat LLC                United States Debt
                            Recovery V, LP                 673

The amount of the claims that changed hands in June 2010
aggregate approximately $126,996.

                         About Visteon Corp.

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

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

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


VISTEON CORP: Proposes to Expand PwC Work as Independent Auditors
-----------------------------------------------------------------
Visteon Corp. and its units seek the authority from Judge Sontchi
to expand the scope of the original Court-approved application of
PricewaterhouseCoopers LLP to include auditing and accounting
services for fiscal year 2010 and for the period January 1, 2010,
through the date of their emergence from bankruptcy pursuant to a
supplemental engagement letter dated May 27, 2010.

The additional services to be undertaken by PwC include:

  (a) the performance of an integrated audit of the consolidated
      financial statements of the Debtors at December 31, 2010,
      and for the year then ending, and of the Debtors' internal
      control over financial reporting as of December 31, 2010;

  (b) the performance of reviews of the Debtors' unaudited
      consolidated quarterly financial information for each of
      the first three quarters of the year ending December 31,
      2010, before the Form 10-Q is filed, and communicating to
      the audit committee and management any matters that come
      to PwC's attention as a result of the review that PwC
      believes may require material modifications to the
      quarterly financial information to make it conform with
      accounting principles generally accepted in the United
      States;

  (c) the performance of an audit of the Debtors' consolidated
      financial statements for the period from January 1, 2010,
      to the date of their emergence from bankruptcy; and

  (d) consultation on other accounting and auditing matters as
      requested by the Debtors that may arise from non-routine
      matters, transactions, and activities, including, without
      limitation, restructuring events, liquidity and
      recapitalization events, and disposition of businesses.

The Debtors will pay PwC a fixed fee schedule for the 2010 Audit
Services:

             Invoice Date               Amount
             ------------              --------
               05/26/10                $700,000
               06/09/10                 400,000
               07/07/10                 500,000
               08/04/10                 400,000
               09/08/10                 400,000
               10/06/10                 500,000
               11/10/10                 300,000
               12/08/10                 200,000
               01/05/11                 400,000
               02/02/11                 300,000

The Debtors will also reimburse PwC's actual and necessary costs
and expenses.

PwC assures the Court that it is a "disinterested person" as that
term is defined under Section 101(14) of the Bankruptcy Code.

                         About Visteon Corp.

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

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

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


WALLA WALLA: Case Summary & 13 Largest Unsecured Creditors
----------------------------------------------------------
Debtor: Walla Walla Town Center LLC
        Montgomery Purdue Blankinship & Austin
        5500 Columbia Center
        701 5th Avenue
        Seattle, WA 98104
        Tel: (206) 682-7090

Bankruptcy Case No.: 10-17683

Chapter 11 Petition Date: July 1, 2010

Court: United States Bankruptcy Court
       Western District of Washington (Seattle)

Judge: Samuel J. Steiner

Debtor's Counsel: Michael E. Gossler, Esq.
                  Montgomery Purdue Blankinship & Austin
                  701 5th Ave Ste 5500
                  Seattle, WA 98104
                  Tel: (206) 682-7090
                  E-mail: mgossler@mpba.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

A list of the Company's 13 largest unsecured creditors
filed together with the petition is available for free
at http://bankrupt.com/misc/wawb10-17683.pdf

The petition was signed by Jason Bontrager, manager.


WASHINGTON MUTUAL: Brown Rudnick Is Atty. to Trust Preferreds
-------------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy
Procedure, Jeremy B. Coffey, Esq., at Brown Rudnick LLP, in
Boston, Massachusetts -- jcoffey@brownrudnick.com -- relates that
his firm represents 24 parties in the Debtors' Chapter 11 cases,
which:

  (1) have been classified for treatment under Class 18 of the
      Debtors' Chapter 11 Plan; and

  (2) hold interests in securities described by the Debtors
      as constituting the "REIT Series" under the Plan.

A list of the Trust Preferred Holders is available for free at:

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

The Trust Preferred Holders hold, in the aggregate, $854,635,000
in the face amount of securities known as the REIT Series.

Brown Rudnick does not presently own, or has it previously owned,
any claims against, or interests in, the Debtors, Mr. Coffey
tells the Court.

                    About Washington Mutual

Based in Seattle, Washington, Washington Mutual Inc. --
http://www.wamu.com/-- is a holding company for Washington Mutual
Bank as well as numerous non-bank subsidiaries.  The Company
operates in four segments: the Retail Banking Group, which
operates a retail bank network of 2,257 stores in California,
Florida, Texas, New York, Washington, Illinois, Oregon, New
Jersey, Georgia, Arizona, Colorado, Nevada, Utah, Idaho and
Connecticut; the Card Services Group, which operates a nationwide
credit card lending business; the Commercial Group, which conducts
a multi-family and commercial real estate lending business in
selected markets, and the Home Loans Group, which engages in
nationwide single-family residential real estate lending,
servicing and capital markets activities.

Washington Mutual Bank was taken over September 25 by U.S.
government regulators.  The next day, WaMu and its affiliate, WMI
Investment Corp., filed separate petitions for Chapter 11 relief
(Bankr. D. Del. 08-12229 and 08-12228, respectively).  Wamu owns
100% of the equity in WMI Investment.  Weil Gotshal & Manges
represents the Debtors as counsel.  When WaMu filed for protection
from its creditors, it listed assets of $32,896,605,516 and debts
of $8,167,022,695.  WMI Investment listed assets of $500,000,000
to $1,000,000,000 with zero debts.

Peter Calamari, Esq., and David Elsberg, Esq., at Quinn Emanuel
Urquhart Oliver & Hedges, LLP, served as legal counsel to WMI with
responsibility for the litigation.  Brian Rosen, Esq., at Weil,
Gotshal & Manges LLP served as legal counsel to WMI with
responsibility for the Chapter 11 case.

Bankruptcy Creditors' Service Inc. publishes Washington Mutual
Bankruptcy News.  The newsletter tracks the Chapter 11 proceedings
of Washington Mutual Inc. (http://bankrupt.com/newsstand/or
215/945-7000).


WASHINGTON MUTUAL: Gibson Dunn Represents Underwriters
------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy
Procedure, Michael A. Rosenthal, Esq., at Gibson, Dunn & Crutcher
LLP, in New York -- mrosenthal@gibsondunn.com -- relates that his
firm represents 14 underwriters in connection with a consolidated
multidistrict class action.

The class action is before the U.S. District Court for the
Western District of Washington captioned In re Washington Mutual,
Inc. Securities, Derivative & ERISA Litigation, Case No. 02:08-
md-1919.

A list of the Underwriters is available for free at:

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

The Underwriters have filed four proofs of claim in the Debtors'
Chapter 11 cases.

Mr. Rosenthal says Gibson Dunn represented Washington Mutual,
Inc. in connection with certain tax matters prepetition.  He
relates that Gibson Dunn has obtained the consent of the Debtors
and the Underwriters to the representation disclosed.

                    About Washington Mutual

Based in Seattle, Washington, Washington Mutual Inc. --
http://www.wamu.com/-- is a holding company for Washington Mutual
Bank as well as numerous non-bank subsidiaries.  The Company
operates in four segments: the Retail Banking Group, which
operates a retail bank network of 2,257 stores in California,
Florida, Texas, New York, Washington, Illinois, Oregon, New
Jersey, Georgia, Arizona, Colorado, Nevada, Utah, Idaho and
Connecticut; the Card Services Group, which operates a nationwide
credit card lending business; the Commercial Group, which conducts
a multi-family and commercial real estate lending business in
selected markets, and the Home Loans Group, which engages in
nationwide single-family residential real estate lending,
servicing and capital markets activities.

Washington Mutual Bank was taken over September 25 by U.S.
government regulators.  The next day, WaMu and its affiliate, WMI
Investment Corp., filed separate petitions for Chapter 11 relief
(Bankr. D. Del. 08-12229 and 08-12228, respectively).  Wamu owns
100% of the equity in WMI Investment.  Weil Gotshal & Manges
represents the Debtors as counsel.  When WaMu filed for protection
from its creditors, it listed assets of $32,896,605,516 and debts
of $8,167,022,695.  WMI Investment listed assets of $500,000,000
to $1,000,000,000 with zero debts.

Peter Calamari, Esq., and David Elsberg, Esq., at Quinn Emanuel
Urquhart Oliver & Hedges, LLP, served as legal counsel to WMI with
responsibility for the litigation.  Brian Rosen, Esq., at Weil,
Gotshal & Manges LLP served as legal counsel to WMI with
responsibility for the Chapter 11 case.

Bankruptcy Creditors' Service Inc. publishes Washington Mutual
Bankruptcy News.  The newsletter tracks the Chapter 11 proceedings
of Washington Mutual Inc. (http://bankrupt.com/newsstand/or
215/945-7000).


WASHINGTON MUTUAL: Shareholders Renews Demand for Probe
-------------------------------------------------------
American Bankruptcy Institute reports that shareholders renewed
demands for a special probe of the largest bank collapse in U.S.
history -- Washington Mutual Bank, or WaMu -- after talks aimed at
a settlement with WaMu's parent company broke down.

The Official Committee of Equity Holders previously applied for an
appointment of an examiner under Section 1104 of the Bankruptcy
Code.  William P. Bowden, Esq., at Ashby & Geddes, P.A., in
Wilmington, Delaware, elaborates, on behalf of the Equity
Committee, said appointment of an Examiner will allow a full and
transparent accounting of the assets of the Debtors' estates -- an
accounting that will be vital in shaping the positions of all
parties to the Chapter 11 cases -- as well as an independent
review of Debtors' claimed basis for the proposed Global
Settlement Agreement and the Chapter 11 Plan of Reorganization --
for which appointment of an Examiner will also substantially
reduce the need for extended, contentious and time-consuming
discovery.

                       About Washington Mutual

Based in Seattle, Washington, Washington Mutual Inc. --
http://www.wamu.com/-- is a holding company for Washington Mutual
Bank as well as numerous non-bank subsidiaries.  The Company
operates in four segments: the Retail Banking Group, which
operates a retail bank network of 2,257 stores in California,
Florida, Texas, New York, Washington, Illinois, Oregon, New
Jersey, Georgia, Arizona, Colorado, Nevada, Utah, Idaho and
Connecticut; the Card Services Group, which operates a nationwide
credit card lending business; the Commercial Group, which conducts
a multi-family and commercial real estate lending business in
selected markets, and the Home Loans Group, which engages in
nationwide single-family residential real estate lending,
servicing and capital markets activities.

Washington Mutual Bank was taken over September 25 by U.S.
government regulators.  The next day, WaMu and its affiliate, WMI
Investment Corp., filed separate petitions for Chapter 11 relief
(Bankr. D. Del. 08-12229 and 08-12228, respectively).  Wamu owns
100% of the equity in WMI Investment.  Weil Gotshal & Manges
represents the Debtors as counsel.  When WaMu filed for protection
from its creditors, it listed assets of $32,896,605,516 and debts
of $8,167,022,695.  WMI Investment listed assets of $500,000,000
to $1,000,000,000 with zero debts.

Peter Calamari, Esq., and David Elsberg, Esq., at Quinn Emanuel
Urquhart Oliver & Hedges, LLP, served as legal counsel to WMI with
responsibility for the litigation.  Brian Rosen, Esq., at Weil,
Gotshal & Manges LLP served as legal counsel to WMI with
responsibility for the Chapter 11 case.

Bankruptcy Creditors' Service Inc. publishes Washington Mutual
Bankruptcy News.  The newsletter tracks the Chapter 11 proceedings
of Washington Mutual Inc. (http://bankrupt.com/newsstand/or
215/945-7000).


WESTERN REFINING: S&P Downgrades Senior Debt Rating to 'B'
----------------------------------------------------------
Standard & Poor's Ratings Services lowered its issue-level rating
on Western Refining Inc.'s senior secured debt to 'B' (the same as
the corporate credit rating on the company) from 'B+'.  At the
same time, S&P revised the recovery rating on this debt to '4',
indicating the expectation for average (30% to 50%) recovery in
the event of a payment default, from '2'.

The issue-level rating on the unsecured convertible notes remains
'CCC+' (two notches below the corporate credit rating), with a
recovery rating of '6', indicating S&P's expectation for
negligible (0% to 10%) recovery in the event of a payment default.

"S&P is lowering its estimate of the value of the company in a
default scenario, to reflect S&P's concern about the economic
viability of the company's Yorktown refinery and the suspension of
refining operations at the Bloomfield, New Mexico refinery
facility," said Standard & Poor's credit analyst Marc Bromberg.

The corporate credit rating on Western, an El Paso, Texas-based
oil and gas refiner, is 'B' and the outlook is negative.

                           Ratings List

                       Western Refining Inc.

         Corporate Credit Rating            B/Negative/--

             Rating Lowered; Recovery Rating Revised

                       Western Refining Inc.

                                         To              From
                                         --              ----
      Senior secured                     B               B+
        Recovery Rating                  4               2


WOODBRIDGE INVESTMENT: Case Summary & 20 Largest Unsec. Creditors
-----------------------------------------------------------------
Debtor: Woodbridge Investment Company, LLC
        22565 I 45 North
        Spring, TX 77389

Bankruptcy Case No.: 10-35660

Chapter 11 Petition Date: July 5, 2010

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Judge: Letitia Z. Paul

Debtor's Counsel: Lawrence D. Tackett, Esq.
                  1400 Woodloch Forest Dr., Suite 540
                  The Woodlands, TX 77380-1179
                  Tel: (281) 419-2626
                  E-mail: lawtackett@aol.com

Scheduled Assets: $5,500,000

Scheduled Debts: $4,244,000

A list of the Company's 20 largest unsecured creditors filed
together with the petition is available for free at
http://bankrupt.com/misc/txsb10-35660.pdf

The petition was signed by Stephen Fischer, manager.


WORLD COLOR: S&P Raises Corporate Credit Rating to 'BB'
-------------------------------------------------------
Standard & Poor's Ratings Services raised its corporate credit and
issue-level ratings on Montreal, Canada-based World Color Press
Inc. following its acquisition by Sussex, Wisc.-based
Quad/Graphics Inc. for approximately $1.6 billion, including the
repayment and assumption of debt.

These ratings were removed from CreditWatch, where they were
placed with positive implications on Jan. 27, 2010.  The corporate
credit rating was raised to 'BB', the level of the rating on
Quad/Graphics, from 'B+'.  Subsequent to this action, S&P withdrew
all of S&P's ratings on World Color, as the company's existing
debt was refinanced as part of the completion of the acquisition.


YRC WORLDWIDE: Faces $20-Mil. Bond Payment in August
----------------------------------------------------
YRC Worldwide, Inc., on January 28, 2010, filed a petition for
declaratory judgment in the district court of Johnson County,
Kansas against Deutsche Bank Trust Company Americas, as trustee
under the indenture:

     -- dated as of December 31, 2004, relating to the Company's
        5% Net Share Settled Contingent Convertible Senior Notes
        due 2023; and

     -- dated as of December 31, 2004, relating to the Company's
        3.375% Net Share Settled Contingent Convertible Senior
        Notes due 2023,

seeking a declaratory judgment that each of the indentures should
be amended to eliminate the option of each holder to have its 5%
Notes and 3.375% Notes, as applicable, repurchased by the Company
as of the dates set forth in each of the indentures, including
August 9, 2010 in respect of the 5% Notes and November 26, 2012 in
respect of the 3.375% Notes, as a result of the consents the
Company received in connection with its debt-for-equity exchange
offers that were completed on December 31, 2009.

The Trustee subsequently removed the case to the United States
District Court for the District of Kansas.  Both parties submitted
motions for summary judgment.

On July 1, 2010, the Court ordered that each motion for summary
judgment be granted in part and denied in part.  With respect to
the Put Option, the Court ruled in favor of the Trustee with
respect to its motions for summary judgment and concluded that the
Company could not eliminate the Put Option without the consent of
each holder of 5% Notes and 3.375% Notes, as applicable, affected.

The Company is currently evaluating its options with respect to
this ruling and may elect to appeal this ruling.  If the Company
does decide to appeal the ruling, it will likely seek an order
from the court permitting the Company to delay the Purchase Date
pending the appeal by the Company.

As of July 6, YRC said $20,070,000 and $1,601,000 in principal
amount of the 5% Notes and the 3.375% Notes, respectively, are
currently outstanding.

At this time, the Company expects that its principal source of
funds to pay any amounts due with respect to the Put Option
payable on August 9, 2010, would come from the issuance of an
additional $20.2 million of its 6% convertible senior notes
pursuant to the terms of a note purchase agreement that it
executed on February 11, 2010, with certain investors pursuant to
which such investors agreed, subject to the terms and conditions
set forth in the note purchase agreement, to purchase from the
Company up to $70.0 million in aggregate principal amount of the
Convertible Notes in two separate closings.

The obligation of the investors to purchase the additional
Convertible Notes is subject to customary closing conditions as
set forth in the note purchase agreement, including that all the
representations and warranties made by the Company therein must
continue to be true and correct in all material respects as of the
second closing date.

In the event that the Company does not receive the proceeds from
the issuance of the additional $20.2 million of Convertible Notes
to the investors, it would have to use existing cash or obtain
other third party unsecured debt or equity financing to fund the
Put Option, which would likely require the consent of a majority
of its senior lenders.

The Company cannot assure that it will have sufficient cash or
that its senior lenders will grant their consent or whether the
terms of any other financing will be favorable to the Company or
its stakeholders or that such financing can be obtained prior to
August 9, 2010.

YRC filed with the Securities and Exchange Commission a notice to
holders of the 5% Notes.  A full-text copy of YRC's notice is
available at no charge at http://ResearchArchives.com/t/s?660f

                        About YRC Worldwide

Headquartered in Overland Park, Kan., YRC Worldwide Inc. (NASDAQ:
YRCW) -- http://www.yrcw.com/-- is a holding company that through
wholly owned operating subsidiaries offers its customers a wide
range of transportation services.  These services include global,
national and regional transportation as well as logistics.

The Company's balance sheet as of March 31, 2010, showed
$2.919 billion in assets and $3.024 billion of liabilities, for a
stockholders' deficit of $104.9 million.

                          *     *     *

As reported in the Troubled Company Reporter on March 18, 2010,
KPMG LLP, in Kansas City, Missouri, expressed substantial doubt
about YRC Worldwide's ability to continue as a going concern in
its report on the Company's consolidated financial statements as
of and for the year ended December 31, 2009.  The independent
auditors noted that the Company has experienced significant
declines in operations, cash flows, and liquidity.


ZALE CORP: Files 2009 Annual Report for Savings & Investment Plan
-----------------------------------------------------------------
Zale Corporation filed with the Securities and Exchange Commission
an annual report on Form 11-K for the Zale Corporation Savings and
Investment Plan for the year ended December 31, 2009.  Net assets
available for plan benefits at December 31 total $88,560,565.

A full-text copy of the Form 11-K is available at no charge
at http://ResearchArchives.com/t/s?65f8

                         About Zale Corp.

Dallas, Texas-based Zale Corporation (NYSE: ZLC) --
http://www.zalecorp.com/-- is a specialty retailer of diamonds
and other jewelry products in North America, operating roughly
1,900 retail locations throughout the United States, Canada and
Puerto Rico, as well as online.  Zale Corporation's brands include
Zales Jewelers, Zales Outlet, Gordon's Jewelers, Peoples
Jewellers, Mappins Jewellers and Piercing Pagoda.  Zale also
operates online at www.zales.com, www.zalesoutlet.com and
www.gordonsjewelers.com

As reported by the Troubled Company Reporter on February 10, 2010,
The Deal.com's Sara Behunek reported that analysts said bankruptcy
looms for Zale if it fails to restructure its debt and put in
place a solid merchandising strategy.


ZALE CORP: Shareholders to Review Golden Gate Deal on July 23
-------------------------------------------------------------
A special meeting of stockholders of Zale Corporation will be held
on July 23, 2010, at 10:00 a.m., local time, at the Company's
principal executive office at 901 West Walnut Hill Lane, Irving,
Texas 75038-1003.

On May 10, 2010, Zale closed a new $150 million, five-year senior
secured term loan provided by Z Investment Holdings, LLC, an
investment vehicle owned by investment funds managed by Golden
Gate Capital, a private equity firm with extensive experience in
the retail sector.  The Golden Gate Capital term loan, together
with the Company's extended and modified revolving credit
facility, significantly expands the Company's liquidity and
provides the Company with the long term capital structure
stability needed to execute on the Company's business plans.

In connection with the Golden Gate Capital term loan, the Company
issued Golden Gate Capital warrants to purchase, in the aggregate,
Common Stock representing an approximate 25% equity interest in
the Company on a fully diluted basis once all necessary
stockholder approvals are obtained.

At the special meeting, holders of Zale Common Stock will be asked
to consider and vote on a proposal to approve the issuance of
Common Stock upon the exercise of warrants issued by the Company
to Golden Gate Capital.  Zale's Board of Directors has unanimously
approved this proposal and recommends that stockholders vote for
this proposal.

A full-text copy of Zale's Proxy Statement is available at no
charge at http://ResearchArchives.com/t/s?65f9

                         About Zale Corp.

Dallas, Texas-based Zale Corporation (NYSE: ZLC) --
http://www.zalecorp.com/-- is a specialty retailer of diamonds
and other jewelry products in North America, operating roughly
1,900 retail locations throughout the United States, Canada and
Puerto Rico, as well as online.  Zale Corporation's brands include
Zales Jewelers, Zales Outlet, Gordon's Jewelers, Peoples
Jewellers, Mappins Jewellers and Piercing Pagoda.  Zale also
operates online at www.zales.com, www.zalesoutlet.com and
www.gordonsjewelers.com

As reported by the Troubled Company Reporter on February 10, 2010,
The Deal.com's Sara Behunek reported that analysts said bankruptcy
looms for Zale if it fails to restructure its debt and put in
place a solid merchandising strategy.


* CMS Camerons' Robert Hickmott to Join Quinn Emanuel
-----------------------------------------------------
Quinn Emanuel Urquhart & Sullivan LLP has lured a CMS Cameron
McKenna LLP banking and insolvency equity partner for the
litigation-only firm's London office, Bankruptcy Law360 reports.

Robert Hickmott, who has been with U.K.-based Camerons for 21
years, said he would be leaving in November to take over an equity
partner position at Quinn Emanuel.


* Chadbourne & Parke to Launch Brazil Office; Hires Finance Team
----------------------------------------------------------------
The international law firm of Chadbourne & Parke announced that it
will strengthen its long-standing Latin America practice with the
opening of a new office in Sao Paulo and the hiring of two finance
attorneys.

The new office will open as soon as all regulatory approvals are
obtained from the Brazilian Bar. Chadbourne has been in the
process of organizing a consultancy on foreign law, as required by
Brazilian Bar rules, and expects to have such consultancy
completed and authorized by the Brazilian Bar over the next few
weeks.

Charles Johnson will join Chadbourne as a partner in the firm's
new Sao Paulo office.  Mr. Johnson, who has worked in Brazil for
the past eight years, has extensive experience on a wide range of
structured finance transactions in Brazil and elsewhere in Latin
America.

Daniel Spencer will also join Chadbourne to participate in the
Brazil launch.  Mr. Spencer specializes in cross-border finance,
trade finance and securitization transactions.

Felipe Creazzo will move from Chadbourne's New York office to
Brazil to join the new office.  Mr. Creazzo's practice involves
M&A, corporate finance and international corporate transactions.

Chadbourne partners Talbert Navia and Allen Miller, who together
co-head the Latin America practice, and Carlos Albarracin, Oliver
Armas and Marc Rossell will actively support the new venture.

"The success and growth of our Latin America practice, and the
increasing significance of Brazil in the world economy, encouraged
us to move decisively to gain on-the-ground capabilities in
Brazil," said Charles K. O'Neill, Chadbourne's Managing Partner.

"We are delighted to have Charles and Daniel join Chadbourne to
help us launch our new venture in Brazil," said Mr. Miller.
"Their Brazil focus and strong international finance experience
will strengthen our capabilities in a market where we have been
active for more than 15 years," said Mr. Navia.  "We will continue
to take steps to reinforce the firm's position as a dominant legal
player in the Brazilian market."

"With the new office, we will be one of only two New York-based
firms with offices in both Brazil and Mexico, the two largest
economies in Latin America," said Mr. Miller, who with Mr. Navia
spearheaded the firm's 2008 expansion into Mexico City.

"Chadbourne's experience and reputation in international finance
and project finance coupled with its long-standing commitment to
Latin America offer me an ideal platform to serve clients and to
expand my practice," said Mr. Johnson.  He is joining Chadbourne
from the Sao Paulo office of Clifford Chance, where he had been
head of the Banking and Finance Practice for that firm in Brazil.
Mr. Spencer, who joins Chadbourne from Mayer Brown in Sao Paulo,
previously worked with Mr. Johnson at Clifford Chance.

Mr. Johnson attended College of Law York and received an LLB from
University of Bristol in 1995.  He is fluent in Portuguese and is
admitted as a consultant on foreign law in Sao Paulo and as a
solicitor of the Supreme Court of England and Wales.

Mr. Spencer graduated from BPP Law School in 2002 and received an
LLB from the University of Exeter in 2001.  He is fluent in
Portuguese and is admitted as a consultant on foreign law in Sao
Paulo and as a solicitor of the Supreme Court of England and
Wales.

Mr. Creazzo holds an LL.B. degree from the Pontifical Catholic
University of Sao Paulo and an LL.M. from the Georgetown
University Law Center.  In addition to his native Portuguese, he
is fluent in English and Spanish, and is admitted as a consultant
on foreign law in Sao Paulo and as an attorney in New York.

Chadbourne's new office in Brazil will be multi-disciplinary, with
a focus on cross-border M&A, international bank finance (including
trade finance), project finance, capital markets, securitization,
private equity and international arbitration.

              About Chadbourne's Latin America Practice

A leader and pioneer in Latin America since the 1980's, Chadbourne
is one of only a few U.S. law firms ranked by Chambers Latin
America for its work across multiple disciplines, including
corporate/M&A, capital markets, banking and finance, projects and
international arbitration.  Twelve Chadbourne partners are focused
almost exclusively on the region.  Lawyers and support staff are
fluent in Spanish and/or Portuguese.

                    About Chadbourne & Parke LLP

Chadbourne & Parke LLP, an international law firm headquartered in
New York City, provides a full range of legal services, including
mergers and acquisitions, securities, project finance, private
equity, corporate finance, venture capital and emerging companies,
energy/renewable energy, communications and technology, commercial
and products liability litigation, arbitration/IDR, securities
litigation and regulatory enforcement, special investigations and
litigation, intellectual property, antitrust, domestic and
international tax, insurance and reinsurance, environmental, real
estate, bankruptcy and financial restructuring, employment law and
ERISA, trusts and estates and government contract matters. Major
geographical areas of concentration include Russia, Central and
Eastern Europe, the Middle East, Latin America and Canada.  The
firm has offices in New York, Washington, DC, Los Angeles, Mexico
City, London, Moscow, St. Petersburg, Warsaw, Kyiv, Almaty, Dubai
and Beijing.


* McKool Smith Adds Three Bankruptcy Attorneys in Houston
---------------------------------------------------------
The law firm of McKool Smith is announcing the addition of two
veteran litigators and a former federal bankruptcy clerk in the
firm's rapidly growing Houston office.

Christopher D. Johnson, Ruth A. Van Meter and Nicholas Zugaro join
an accomplished group of attorneys in McKool Smith's Bankruptcy
and Restructuring practice, which is led by nationally acclaimed
bankruptcy specialist Hugh M. Ray.

"The addition of these three excellent lawyers is part of our
overall goal to become one of the top bankruptcy shops anywhere in
the country," says Mr. Ray, who also leads the firm's Houston
office.  "With bankruptcies and related litigation on the rise,
and more and more firms facing client conflicts in bankruptcy-
related work, we expect to grow our group significantly in the
coming months."

Mr. Johnson joins McKool Smith from Selman Munson & Lerner in
Houston.  His practice focuses on bankruptcy and financial
restructuring matters.  During his 11-year legal career, Mr.
Johnson has represented Chapter 11 debtors, official unsecured
creditors committees, creditors, and Chapter 7 trustees in
significant cases heard in federal bankruptcy courts in Texas, New
York and Delaware.

Ms. Van Meter joins McKool Smith from the Houston office of Munsch
Hardt Kopf & Harr.  For more than 20 years, Ms. Van Meter has
represented a variety of clients in cases involving bankruptcy
matters, corporate transactions, commercial litigation and
insurance defense.  In addition to her trial expertise, Ms. Van
Meter also is an accomplished appellate lawyer with experience in
both state and federal appeals.

Mr. Zugaro joins McKool Smith following a clerkship for the Hon.
Wesley Steen in the U.S. Bankruptcy Court for the Southern
District of Texas. Prior to his work with Judge Steen, Mr. Zugaro
earned his law degree from the University of Houston Law Center,
where he served as editor of the Houston Journal of International
Law.

McKool Smith is recognized as one of the premier trial law firms
in the United States based on significant courtroom victories and
substantial settlements for domestic and international clients.
With more than 125 attorneys in Austin, Dallas, Houston, Marshall,
New York, and Washington DC, the firm handles complex commercial
litigation, intellectual property claims, bankruptcy matters, and
white collar litigation for companies and individuals across the
globe. McKool Smith has won more of the Top 100 Verdicts than any
other law firm in the nation every year since 2008.  Firm clients
include major airlines, telecommunications companies, medical
device manufacturers, energy producers, and many others.


* Chapter 11 Cases with Assets & Liabilities Below $1,000,000
-------------------------------------------------------------
Recent Chapter 11 cases filed with assets and liabilities below
$1,000,000:

In Re Pacific Shores Development, Inc.
  Bankr. S.D. Calif. Case No. 10-11351
     Chapter 11 Petition Filed June 29, 2010
         See http://bankrupt.com/misc/casb10-11351.pdf

In Re Southern Land Development Holdings, LLC
  Bankr. M.D. Fla. Case No. 10-15565
     Chapter 11 Petition Filed June 29, 2010
         See http://bankrupt.com/misc/flmb10-15565p.pdf
         See http://bankrupt.com/misc/flmb10-15565c.pdf

In Re Floors to Doors, Inc.
  Bankr. S.D. Fla. Case No. 10-28453
     Chapter 11 Petition Filed June 29, 2010
         See http://bankrupt.com/misc/flsb10-28453.pdf

In Re G. Foster Contracting, Inc.
  Bankr. S.D. Fla. Case No. 10-28388
     Chapter 11 Petition Filed June 29, 2010
         See http://bankrupt.com/misc/flsb10-28388.pdf

In Re The B-Mac Organization, Ltd.
  Bankr. D. Md. Case No. 10-24620
     Chapter 11 Petition Filed June 29, 2010
         See http://bankrupt.com/misc/mdb10-24620.pdf

In Re Charlie Allen's Collision, LLC
  Bankr. D. N.J. Case No. 10-29896
     Chapter 11 Petition Filed June 29, 2010
         See http://bankrupt.com/misc/njb10-29896.pdf

In Re Springhouse Partners, Inc.
  Bankr. E.D. Pa. Case No. 10-15284
     Chapter 11 Petition Filed June 29, 2010
         See http://bankrupt.com/misc/paeb10-15284p.pdf
         See http://bankrupt.com/misc/paeb10-15284c.pdf

In Re Susan Leopold
  Bankr. E.D. Pa. Case No. 10-15264
     Chapter 11 Petition Filed June 29, 2010
         See http://bankrupt.com/misc/paeb10-15264.pdf

In Re Gibson and Epps, L.L.C.
        dba Gibson & Epps, L.L.C.
  Bankr. E.D. Tenn. Case No. 10-33074
     Chapter 11 Petition Filed June 29, 2010
         See http://bankrupt.com/misc/tneb10-33074p.pdf
         See http://bankrupt.com/misc/tneb10-33074c.pdf

In Re United Law Group, Inc.
  Bankr. C.D. Calif. Case No. 10-18945
     Chapter 11 Petition Filed June 30, 2010
         See http://bankrupt.com/misc/cacb10-18945.pdf

In Re Claude Porter, Jr.
      Marian Elizabeth Porter
  Bankr. S.D. Ind. Case No. 10-09907
     Chapter 11 Petition Filed June 30, 2010
         See http://bankrupt.com/misc/insb10-09907.pdf

In Re COPCO Inc.
  Bankr. S.D. Ind. Case No. 10-09899
     Chapter 11 Petition Filed June 30, 2010
         See http://bankrupt.com/misc/insb10-09899.pdf

In Re Runte Lake Cleaners, Inc.
  Bankr. W.D. La. Case No. 10-20666
     Chapter 11 Petition Filed June 30, 2010
         See http://bankrupt.com/misc/lawb10-20666.pdf

In Re Vetcision, LLC
  Bankr. D. Mass. Case No. 10-17122
     Chapter 11 Petition Filed June 30, 2010
         See http://bankrupt.com/misc/mab10-17122.pdf

In Re Schucks Asphalt Paving, LLC
  Bankr. W.D. Mich. Case No. 10-08202
     Chapter 11 Petition Filed June 30, 2010
         See http://bankrupt.com/misc/miwb10-08202p.pdf
         See http://bankrupt.com/misc/miwb10-08202c.pdf

In Re JMW Enterprises, LLC
  Bankr. D. Neb. Case No. 10-42058
     Chapter 11 Petition Filed June 30, 2010
         See http://bankrupt.com/misc/neb10-42058.pdf

In Re BKPR Empire Inc.
  Bankr. S.D. N.Y. Case No. 10-13473
     Chapter 11 Petition Filed June 30, 2010
         See http://bankrupt.com/misc/nysb10-13473.pdf

In Re Lisa A. Orbach, DDS, PC
  Bankr. N.D. Texas Case No. 10-34513
     Chapter 11 Petition Filed June 30, 2010
         See http://bankrupt.com/misc/txnb10-34513.pdf

In Re Certified Parking Attendants, LLC
        aka C.P.A. Valet
  Bankr. N.D. Calif. Case No. 10-12513
     Chapter 11 Petition Filed July 1, 2010
         See http://bankrupt.com/misc/canb10-12513p.pdf
         See http://bankrupt.com/misc/canb10-12513c.pdf

In Re Frederick Scott Koepsell
     Linda Ann Koepsell
   Bankr. D. Colo. Case No. 10-26623
      Chapter 11 Petition Filed July 1, 2010
         Filed As Pro Se

In Re Fusion Cuisine, Inc.
        aka Morso
   Bankr. D. D.C. Case No. 10-00657
     Chapter 11 Petition Filed July 1, 2010
         See http://bankrupt.com/misc/dcb10-00657.pdf

In Re Basil Cedric Wade
      Sophia Garvelee Wade
        aka Sophia Wade
        aka Sophia G. Wade
        aka Sophia G. Wilson
        aka Sophia Garvelee Wilson
  Bankr. D. Md. Case No. 10-24945
     Chapter 11 Petition Filed July 1, 2010
         See http://bankrupt.com/misc/mdb10-24945.pdf

In Re 8636 Joseph Campau, LLC
  Bankr. E.D. Mich. Case No. 10-61489
     Chapter 11 Petition Filed July 1, 2010
         See http://bankrupt.com/misc/mieb10-61489.pdf

In Re Kuykendall Enterprises, L.L.C.
  Bankr. W.D. Mo. Case No. 10-21426
     Chapter 11 Petition Filed July 1, 2010
         See http://bankrupt.com/misc/mowb10-21426p.pdf
         See http://bankrupt.com/misc/mowb10-21426c.pdf

In Re Booze Bros., LLC
  Bankr. D. Nev. Case No. 10-52627
     Chapter 11 Petition Filed July 1, 2010
         See http://bankrupt.com/misc/nvb10-52627.pdf

In Re 1552 Springfield Ave., LLC
  Bankr. D. N.J. Case No. 10-30496
     Chapter 11 Petition Filed July 1, 2010
         See http://bankrupt.com/misc/njb10-30496.pdf

In Re Excel Transmission, Inc.
  Bankr. N.D. N.Y. Case No. 10-12504
     Chapter 11 Petition Filed July 1, 2010
         See http://bankrupt.com/misc/nynb10-12504.pdf

In Re 61 Lex & Park Restaurant, Inc.
  Bankr. S.D. N.Y. Case No. 10-13527
     Chapter 11 Petition Filed July 1, 2010
         See http://bankrupt.com/misc/nysb10-13527.pdf

In Re Hillary + Michel Extension Studio, Inc.
   Bankr. S.D. N.Y. Case No. 10-13529
      Chapter 11 Petition Filed July 1, 2010
         Filed As Pro Se

In Re Niko Resources, LLC
        aka Wing Stop Restaurant
        fka C. Thomas Enterprise, LLC
   Bankr. S.D. Texas Case No. 10-35424
     Chapter 11 Petition Filed July 1, 2010
         See http://bankrupt.com/misc/txsb10-35424.pdf

In Re Temple Properties, LLC
  Bankr. C.D. Calif. Case No. 10-37354
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/cacb10-37354.pdf

In Re Maggs Auto Body, LLC
  Bankr. D. Conn. Case No. 10-51588
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/ctb10-51588.pdf

In Re Antonio Tyrone Hurt
      Stephanie Simmons Hurt
  Bankr. N.D. Ga. Case No. 10-79275
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/ganb10-79275.pdf

In Re Brookhollow Partners, Inc.
   Bankr. N.D. Ga. Case No. 10-79153
      Chapter 11 Petition Filed July 2, 2010
         Filed As Pro Se

In Re Capitol Guard Corporation
  Bankr. S.D. Fla. Case No. 10-29069
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/flsb10-29069p.pdf
         See http://bankrupt.com/misc/flsb10-29069c.pdf

In Re Elizabeth T. Green
  Bankr. D. Md. Case No. 10-25101
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/mdb10-25101.pdf

In Re Freddy E. Gomez-Perez
      Ana M. Fernandez
  Bankr. D. Mass. Case No. 10-17330
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/mab10-17330.pdf

In Re Meiou, Inc.
        aka Starr Mart
  Bankr. E.D. Mich. Case No. 10-33733
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/mieb10-33733p.pdf
         See http://bankrupt.com/misc/mieb10-33733c.pdf

In Re Illuminations, Inc.
  Bankr. D. Neb. Case No. 10-42093
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/neb10-42093.pdf

In Re North General Diagnostic and Treatment Center
   Bankr. S.D. N.Y. Case No. 10-13559
      Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/nysb10-13559.pdf

In Re North General Service Corporation
   Bankr. S.D. N.Y. Case No. 10-13558
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/nysb10-13558.pdf

In Re Dennis Clay Hull
   Bankr. E.D. Okla. Case No. 10-81161
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/okeb10-81161.pdf

In Re Hana Laundromat, Inc.
   Bankr. E.D. Pa. Case No. 10-15491
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/paeb10-15491.pdf

In Re Eldercare at Foxshire, LLC
   Bankr. W.D. Pa. Case No. 10-24810
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/pawb10-24810.pdf

In Re Yong Hui Hill
   Bankr. N.D. Texas Case No. 10-34644
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/txnb10-34644.pdf

In Re H & H Produce, Inc.
   Bankr. S.D. Texas Case No. 10-70475
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/txsb10-70475.pdf

In Re MPF Management LLC
   Bankr. S.D. Texas Case No. 10-35553
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/txsb10-35553.pdf

In Re Texas D & M Investment LLC
   Bankr. S.D. Texas Case No. 10-35493
     Chapter 11 Petition Filed July 2, 2010
         See http://bankrupt.com/misc/txsb10-35493.pdf

In Re Jabez Properties LLC
   Bankr. W.D. Wash. Case No. 10-45442
      Chapter 11 Petition Filed July 2, 2010
         Filed As Pro Se

In Re Mary Jo Miller Stainback
   Bankr. N.D. Ga. Case No. 10-79514
     Chapter 11 Petition Filed July 3, 2010
         See http://bankrupt.com/misc/ganb10-79514.pdf

In Re American Tree Company, LLC
   Bankr. S.D. Ind. Case No. 10-10088
     Chapter 11 Petition Filed July 3, 2010
         See http://bankrupt.com/misc/insb10-10088.pdf

In Re Carrollton Broadway, L.P.
   Bankr. E.D. Texas Case No. 10-42216
     Chapter 11 Petition Filed July 5, 2010
         See http://bankrupt.com/misc/txeb10-42216.pdf

In Re 6th Street Market, Inc.
   Bankr. S.D. Texas Case No. 10-70482
     Chapter 11 Petition Filed July 5, 2010
         See http://bankrupt.com/misc/txsb10-70482.pdf

In Re Premier Lending LLC
   Bankr. W.D. Wash. Case No. 10-17781
     Chapter 11 Petition Filed July 5, 2010
         See http://bankrupt.com/misc/wawb10-17781.pdf



                           *********

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.


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