TCR_Public/100710.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

             Saturday, July 10, 2010, Vol. 14, No. 189

                            Headlines



ABITIBIBOWATER INC: Reports $8,662,363 Net Loss for May
BEAR ISLAND: Posts $629,869 Net Loss in May
BLACK GAMING: Posts $451,077 Net Loss in May
CAPMARK FINANCIAL: Reports $13,175,000 Net Income for May
ECO2 PLASTICS: Posts $167,441 Net Loss in April

ECO2 PLASTICS: Posts $127,518 Net Loss in May
FAIRFIELD RESIDENTIAL: Posts $2.9 Million Net Loss in May
GENERAL GROWTH: Reports $853,933,000 Net Loss for May
IMPERIAL CAPITAL: Posts $592,701 Net Loss in May
MOVIE GALLERY: Reports $100,220 Net Loss for May

NEWPOWER HOLDINGS: Files Monthly Operating Report for May
NEXTMEDIA GROUP: Ends May With $15.5 Million Cash
OPUS SOUTH: Reports $48,269 Net Loss for April
OPUS SOUTH: Reports $12,697 Net Loss for May
ORLEANS HOMEBUILDERS: Posts $4,000 Net Loss in May

PACIFIC ENERGY: Posts $124,678 Net Loss in May
TRIBUNE CO: Reports Net Income of $20,557,000 for May
TROPICANA ENT: Adamar of NJ Reports $142,000 Net Loss for May
UNO RESTAURANT: Posts $2,337,200 Net Loss From March 29 to May 2
UNO RESTAURANT: Posts $1,073,258 Net Loss From May 3 - May 30

U.S. CONCRETE: Has $2.95 million Net Loss in May
VISTEON CORP: Reports $87,336,000 Net Loss for May
WASHINGTON MUTUAL: Reports $288,663,327 Net Loss for May
WORLDSPACE INC: Posts $3.4 Million Net Loss in May



                            *********



ABITIBIBOWATER INC: Reports $8,662,363 Net Loss for May
-------------------------------------------------------

                  AbitibiBowater Inc., et al.
                  Consolidated Balance Sheet
                      As of May 31, 2010

ASSETS
Cash and cash equivalents                           $476,621,073
Receivables - Net                                    335,182,877
Inventories                                          273,205,449
Prepaid Expense and Other                             34,037,465
Notes Receivable from Affiliates                   3,622,897,256
Income Tax Receivable                                          0
Deferred Income Taxes                                          0
                                               -----------------
Total Current Assets                              4,741,944,120

Plant and Equipment                                5,245,708,795
Less Accumulated Depreciation                     (3,642,687,395)
                                               -----------------
Plant and Equipment, Net                          1,603,021,400

Goodwill/Intangible Assets                            56,360,331
Investment in Subsidiaries                        14,885,924,995
Other Assets                                         267,089,363
                                               -----------------
Total Assets                                    $21,554,340,209
                                               =================

LIABILITIES AND SHAREHOLDERS' EQUITY
Trade Accounts Payable                               $36,473,075
Accrued Liabilities                                  224,516,190
Current Portion of Long Term Debt                    206,000,000
Due to Affiliates                                    267,476,852
Income Tax Payable                                    (1,844,375)
                                               -----------------
Total Current Liabilities                          732,621,742

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

Loans from Affiliates                                          0
Other Liabilities                                    176,417,693
Deferred Income Taxes                               (164,977,898)

Liabilities Subject to Compromise
Debt                                              3,018,884,669
Debt - Affiliate                                  3,696,878,397
Accounts Payable                                    100,139,786
Other                                               782,742,033
                                               -----------------
Total Liabilities                                 8,342,706,422

Shareholder Equity - Net                          13,211,633,787
                                               -----------------
Total Liabilities & Shareholders' Equity        $21,554,340,209
                                               =================

                  AbitibiBowater Inc., et al.
              Consolidated Statement of Operations
        For the period from May 1, 2010 to May 31, 2010

Sales - Net                                         $358,461,906
Cost of Sales                                        343,303,838
                                               -----------------
Gross Profit (Loss)                                  15,158,068

Operating Expenses
Selling, General and Administrative                   5,953,387
Research and Development                                      0
Restructuring and Other Costs                         7,391,240
                                               -----------------
    Total Operating Expenses                          13,344,627
                                               -----------------
Operating Income (Loss)                                1,813,441

Interest Income (Expense)                           (12,386,448)
Other Income (Expense) Net                            2,147,396
Equity in Earnings of Subsidiaries                     (268,419)
                                               -----------------
    Income Before Taxes                               (8,694,030)

Income Tax Expense                                        31,667
                                               -----------------
Net income before Discontinued Operations             (8,662,363)
Discontinued Operations                                       0
                                               -----------------
Net Income (Loss)                                    ($8,662,363)
                                               =================

                  AbitibiBowater Inc., et al.
      Consolidated Schedule of Receipts and Disbursements
        For the period from May 1, 2010 to May 31, 2010

Total Cash Receipts                                $318,322,000

Disbursements:
Payroll & Payroll Taxes                              36,950,000
Non-Payroll Labor                                     4,864,000
Raw Materials                                        72,192,000
Utilities                                            12,017,000
Freight                                              12,206,000
SG&A                                                 12,066,000
Supplies                                             13,224,000
Rent                                                          0
Customer Rebates                                        894,000
Interest                                              8,504,000
Security Deposits                                             0
Taxes                                                         0
Other                                                 7,025,000
                                               -----------------
Total Cash Disbursements                           $179,941,000
                                               =================

                     About AbitibiBowater

AbitibiBowater produces a wide range of newsprint, commercial
printing papers, market pulp and wood products.  It is the eighth
largest publicly traded pulp and paper manufacturer in the world.
AbitibiBowater owns or operates 22 pulp and paper facilities and
26 wood products facilities located in the United States, Canada
and South Korea.  Marketing its products in more than 90
countries, the Company is also among the world's largest recyclers
of old newspapers and magazines, and has third-party certified
100% of its managed woodlands to sustainable forest management
standards.  AbitibiBowater's shares trade over-the-counter on the
Pink Sheets and on the OTC Bulletin Board under the stock symbol
ABWTQ.

The Company and several of its affiliates filed for protection
under Chapter 11 of the U.S. Bankruptcy Code on April 16, 2009
(Bankr. D. Del. Lead Case No. 09-11296).  Judge Kevin J. Carey
presides over the case.  The Company and its Canadian affiliates
commenced parallel restructuring proceedings under the Companies'
Creditors Arrangement Act before the Quebec Superior Court
Commercial Division the next day.  Alex F. Morrison at Ernst &
Young, Inc., was appointed CCAA monitor.

Paul, Weiss, Rifkind, Wharton & Garrison LLP, serves as the
Debtors' U.S. bankruptcy counsel.  Stikeman Elliot LLP, acts as
the Debtors' CCAA counsel.  Young, Conaway, Stargatt & Taylor, in
Wilmington, Delaware, serves as the Debtors' co-counsel, while
Troutman Sanders LLP in New York, serves as the Debtors' conflicts
counsel in the Chapter 11 proceedings.  The Debtors' financial
advisors are Advisory Services LP, and their noticing and claims
agent is Epiq Bankruptcy Solutions LLC.  The CCAA Monitor's
counsel is Thornton, Grout & Finnigan LLP, in Toronto, Ontario.
Abitibi-Consolidated Inc. and various Canadian subsidiaries filed
for protection under Chapter 15 of the U.S. Bankruptcy Code on
April 17, 2009 (Bankr. D. Del. 09-11348).  Judge Carey also
handles the Chapter 15 case.  Pauline K. Morgan, Esq., and Sean T.
Greecher, Esq., at Young, Conaway, Stargatt & Taylor, in
Wilmington, represent the Chapter 15 Debtors.

As of Sept. 30, 2008, the Company had $9,937,000,000 in total
assets and $8,783,000,000 in total debts.

Bankruptcy Creditors' Service, Inc., publishes AbitibiBowater
Bankruptcy News.  The newsletter provides gavel-to-gavel coverage
of the Chapter 11 proceedings and parallel proceedings under the
Companies' Creditors Arrangement Act in Canada undertaken by
Abitibibowater Inc. and its various affiliates.
(http://bankrupt.com/newsstand/or 215/945-7000).




BEAR ISLAND: Posts $629,869 Net Loss in May
-------------------------------------------
Bear Island Paper Company, L.L.C., reported a net loss of $629,869
on net sales of $10.5 million for the month ended May 31, 2010.

At May 31, 2010, the Company had $143.4 million in total assets,
$155.5 million of total liabilities, and ($12.1) million of
stockholders' equity.

The Debtors ended the period with $5.5 million cash, from
$6.8 million at the beginning of the period.  The Debtors paid a
total of $274,167 in reorganization-related professional fees
during the month.

A copy of the Debtors' monthly operating report for the month
ended May 31, 2010, is available for free at:

        http://bankrupt.com/misc/bearisland.may2010mor.pdf

                        About Bear Island

White Birch is the second-largest newsprint producer in North
America.  As of December 31, 2009, the WB Group held a 12% share
of the North American newsprint market and employed roughly 1,300
individuals (the majority of which reside in Canada).
Additionally, for the 12 months ended December 31, 2009, the WB
Group maintained an annual production capacity of roughly
1.3 million metric tons of newsprint and directory paper, up to
50% of which consists of recycled content, and achieved net sales
of roughly $667 million.

Bear Island's assets are almost exclusively located in the U.S.

Bear Island Paper Company, L.L.C., filed a voluntary petition for
relief under Chapter 11 of the United States Bankruptcy Code in
the United States Bankruptcy Court for the Eastern District of
Virginia on February 24, 2010.

The company's parent, White Birch Paper Company, filed for
bankruptcy protection under Canada's Companies' Creditors
Arrangement Act, before the Superior Court for the Province of
Quebec, Commercial Division, Judicial District of Montreal,
Canada.  White Birch and five other affiliates -- F.F. Soucy
Limited Partnership; F.F. Soucy, Inc. & Partners, Limited
Partnership; Papier Masson Ltee; Stadacona Limited Partnership;
and Stadacona General Partner, Inc. -- also sought bankruptcy
protection under Chapter 15 of the U.S. Bankruptcy Code.

Jonathan L. Hauser, Esq., at Troutman Sanders LLP, in Virginia
Beach, Virginia; and Richard M. Cieri, Esq., Christopher J.
Marcus, Esq., and Michael A. Cohen, Esq., at Kirkland & Ellis LLP,
in New York, serve as counsel to White Birch, as Foreign
Representative.  Kirkland & Ellis and Troutman Sanders also serve
as Chapter 11 counsel to Bear Island.  AlixPartnes LLP serves as
financial/restructuring advisor to Bear Island, and Lazard Freres
& Co., serves as investment banker.  Chief Judge Douglas O. Tice,
Jr., handles the Chapter 11 and Chapter 15 cases.


BLACK GAMING: Posts $451,077 Net Loss in May
--------------------------------------------
Black Gaming, LLC, filed with the U.S. Bankruptcy Court for the
District of Nevada on June 21, 2010, a monthly operating report
for May 2010.

The Debtor reported a net loss of $451,077 for the month ended
May 31, 2010.

At May 31, 2010, the Debtor's balance sheet showed $16,898,975
in assets, $27,405,116 of liabilities, and ($10,506,140) of owners
equity.  The Debtor ended May 2010 with $7,614,664 in cash,
compared to $7,975,383 at the beginning of the period.

A full-text copy of the May 2010 monthly operating report is
available for free at:

       http://bankrupt.com/misc/blackgaming.may2010mor.pdf

                        About Black Gaming

Headquartered in Las Vegas, Nev., Black Gaming, LLC, is a holding
company and is an owner and operator of three gaming entertainment
properties located in Mesquite, Nevada.

The Company filed for Chapter 11 bankruptcy protection on March 1,
2010 (Bankr. D. Nev. Case No. 10-13301).  Gregory E. Garman, Esq.,
and Talitha B. Gray, Esq., at Gordon & Silver, Ltd., assist the
Company in its restructuring effort.  Kurtzman Carson Consultants
is the Company's claims and notice agent.  In its petition, the
Company listed $10,000,001 to $50,000,000 in assets and
$100,000,001 to $500,000,000 in liabilities.

The Company's affiliates -- B&BB, Inc.; R. Black, Inc.; Casablanca
Resorts, LLC; Casablanca Resorts, LLC; Oasis Interval Ownership,
LLC; Oasis Interval Management, LLC; Oasis Recreational
Properties, Inc.; RBG, LLC; and Virgin River Casino Corporation --
filed separate Chapter 11 petitions.


CAPMARK FINANCIAL: Reports $13,175,000 Net Income for May
---------------------------------------------------------
                   Capmark Financial Group Inc.
                Consolidated Debtor Balance Sheet
                        As of May 31, 2010

ASSETS
Cash & Cash Equivalents                          $970,996,000
Restricted cash                                   331,396,000
Accounts and other receivables                    185,450,000
Receivables from Debtor subsidiaries                        0
Receivables from Capmark Bank                       1,582,000
Receivables from other non-debtor units         2,257,584,000
Investment securities:
   Trading                                           6,100,000
   Available for sale                              522,202,000
Loans held for sale                               734,744,000
Loans held for investment, net                    917,695,000
Real estate investments                           370,162,000
Equity Investments                                956,231,000
Current taxes receivable                            4,130,000
Deferred tax assets                                   292,000
Intangible assets                                   1,445,000
Other assets                                      189,220,000
Investment in Capmark Bank                      1,767,939,000
Investment in other non-debtor units             (288,592,000)
                                                --------------
Total assets                                   $8,928,576,000
                                                ==============

Liabilities and Equity
Liabilities:
Liabilities not subject to compromise
Short-term borrowings                             $24,884,000
Long-term borrowings                            1,754,223,000
Payables to debtor subsidiaries                             0
Payables to other nondebtor units                 357,280,000
Other liabilities                                 120,439,000
Current taxes payable                               7,421,000
                                                --------------
Total liabilities not subject to compromise      2,264,247,000

Liabilities subject to compromise
Debt                                            6,758,094,000
Payables to debtor subsidiaries                             0
Payables to Capmark Bank                            1,763,000
Payables to other non-debtor units                524,437,000
Real estate syndication proceeds                  960,237,000
Other liabilities                                 487,645,000
                                                --------------
Total liabilities subject to compromise          8,732,176,000
                                                --------------
Total liabilities                               10,996,423,000
Commitments and Contingent Liabilities
Mezzanine Equity                                    71,502,000
Equity:
Total stockholders'(deficit) equity            (2,166,148,000)
Noncontrolling interests                           26,799,000
                                                --------------
Total (deficit) equity                          (2,139,349,000)
                                                --------------
Total liabilities and equity                    $8,928,576,000
                                                ==============

                   Capmark Financial Group Inc
           Consolidated Debtor Statement of Operations
                 For the Period Ended May 31, 2010

Net Interest Income
Interest income                                    $15,124,000
Interest expense                                     9,231,000
                                                --------------
Net interest Income                                  5,893,000
Provision for loan losses                             (101,000)
                                                --------------
Net interest income after provision for loan losses  5,994,000

Noninterest income
Net gains (losses)
Net (losses) on loans                                (327,000)
Net (losses) gains on investment                      (49,000)
Other (losses) gains, net                          (3,329,000)
Mortgage servicing fees                                 517,000
Placement fees                                          709,000
Investment banking fees and syndication               2,061,000
Asset management fees                                 1,473,000
Equity in income of joint ventures                      172,000
Net real estate investment & other income             3,040,000
                                                 --------------
Total noninterest income                              4,267,000
                                                 --------------
Net revenue                                          10,261,000
                                                 --------------
Noninterest expense
Compensation and benefits                             3,095,000
Occupancy and equipment                               2,410,000
Professional fees                                     5,652,000
Other expenses                                        2,061,000
Reorganization Items                                  4,631,000
                                                 --------------
Total noninterest expense                            17,849,000
                                                 --------------
Income before income tax provision                   (7,588,000)
Income tax provision                                          0
                                                 --------------
Income before equity in net earnings of
subsidiaries                                         (7,588,000)
Equity in net earnings of subsidiaries                        0
Equity in net (loss) of Capmark Bank                 (3,027,000)
Equity in net earnings of other non-debtor
subsidiaries                                         21,676,000
                                                 --------------
Net income (loss)                                    11,061,000
Plus: Net loss attributable to
     noncontrolling interests                         2,114,000
                                                 --------------
Net income (loss) attributable to Capmark
Financial Group Inc.                                $13,175,000
                                                 ==============

                   Capmark Financial Group Inc.
               Scheduled of Cash and Disbursements
                 For the Month Ended May 31, 2010

Receipts
Intercompany-debtor entities                        $66,967,676
Intercompany-non-debtor entities                      4,973,460
Loans held for sale                                  29,672,701
Interest Income                                      12,598,130
Investment securities, available for sale             9,368,025
Loans held for investment                             8,010,988
Equity Investments                                    2,742,817
Asset management fees                                 1,423,108
Amounts due to Berkadia                               1,378,750
Other fee income                                      1,256,208
Accounts and other receivables                        1,061,554
Income tax refunds                                      336,395
Construction escrow                                     185,531
Mortgage servicing fees                                 181,452
Occupancy and equipment                                 138,626
Other assets                                             61,279
Capital stock tax refunds                                50,000
Placement fees                                            8,156
Investment securities, trading                            6,450
Other receipts                                            2,690
                                                 --------------
                                                    140,423,995
                                                 --------------

Disbursements

Intercompany-debtor entities                       ($67,479,678)
Intercompany-non-debtor entities                       (875,852)
Professional fees                                    (8,845,930)
Debt interest payable-not subject to compromise      (5,750,636)
Compensation and benefits                            (2,216,065)
Amounts due to Berkadia                              (1,566,596)
Activity for entities consolidated under FIN46       (1,168,277)
Loans held for sale                                    (505,527)
Occupancy and equipment                                (449,179)
Loans held for investment                              (403,310)
Equity Investments                                     (358,525)
Debt-not subject to compromise                         (162,438)
Data processing and telecommunications                 (153,056)
Amounts due from Berkadia                              (140,325)
Travel and entertainment                               (134,883)
Accounts payable and other liabilities                  (61,455)
Other assets                                            (60,879)
Construction advances                                   (15,361)
Other disbursements                                    (916,763)
                                                 --------------
Total disbursements                                 (91,264,736)
                                                 --------------
Net Cash Movement                                   $49,159,259
                                                 ==============

                       About Capmark Financial

Based in Horsham, Pennsylvania, Capmark Financial Group Inc. --
http://www.capmark.com/-- is a diversified company that provides
a broad range of financial services to investors in commercial
real estate-related assets.  Capmark has three core businesses:
lending and mortgage banking, investments and funds management,
and servicing.  Capmark operates in North America, Europe and
Asia.  Capmark has 1,000 employees located in 37 offices
worldwide.

On October 25, 2009, Capmark Financial Group Inc. and certain of
its subsidiaries filed voluntary petitions for relief under
Chapter 11 (Bankr. D. Del. Case No. 09-13684)

Capmark's financial advisors are Lazard Freres & Co. LLC and
Loughlin Meghji + Company. Capmark's bankruptcy counsel is Dewey &
LeBoeuf LLP.  Richards, Layton & Finger, P.A., serves as local
counsel.  Beekman Advisors, Inc., is serving as strategic advisor.
KPMG LLP is tax and accounting advisor.  Epiq Bankruptcy
Solutions, LLC, is the claims and notice agent.

Capmark has total assets of US$20 billion against total debts of
US$21 billion as of June 30, 2009.

Since filing in Chapter 11, Capmark completed three sales to
generate more than $1 billion cash. Berkshire Hathaway Inc. and
Leucadia National Corp. bought most of the business for
$468 million.

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


ECO2 PLASTICS: Posts $167,441 Net Loss in April
-----------------------------------------------
ECO2 Plastics, Inc., reported a net loss of $167,441 for the month
ended April 30, 2010.

At April 30, 2010, the Company's balance sheet showed total
assets of $1,632,478, total liabilities of $16,026,151, and equity
of ($14,393,673).  The Company ended April 2010 with $157,314 in
unrestricted cash and cash equivalents, compared with $261,022 at
the beginning of the period.

A full-text copy of the Company's operating report for April 2010
is available at no charge at:

               http://researcharchives.com/t/s?65f2

                       About ECO2 Plastics

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.

On June 28, 2010, ECO2 Plastics, Inc. emerged from bankruptcy as a
privately held company;, having satisfied the conditions of the
Disclosure Statement and Plan dated April 21, 2010.


ECO2 PLASTICS: Posts $127,518 Net Loss in May
---------------------------------------------
ECO2 Plastics, Inc., reported a net loss of $127,518 for the month
ended May 31, 2010.

At May 31, 2010, the Company's balance sheet showed total
assets of $1,555,813, total liabilities of $16,077,003, and equity
of ($14,521,191).  The Company ended May 2010 with $80,649 in
unrestricted cash and cash equivalents, compared with $157,314 at
the beginning of the period.

A full-text copy of the May 2010 operating report is available for
free at http://researcharchives.com/t/s?65f1

                       About ECO2 Plastics

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.

On June 28, 2010, ECO2 Plastics, Inc. emerged from bankruptcy as a
privately held company; having satisfied the conditions of the
Disclosure Statement and Plan dated April 21, 2010.


FAIRFIELD RESIDENTIAL: Posts $2.9 Million Net Loss in May
---------------------------------------------------------
Fairfield Residential LLC, et al., filed on June 24,2010, a
monthly operating report for the month ended May 31, 2010,
with the U.S. Bankruptcy Court for the District of Delaware.

The Debtors reported a net loss of $2,892,766 on total revenue of
$2,281,264 for the month.

At May 31, 2010, the Debtors had $267,255,222 in total assets,
$560,513,024 in total liabilities, and $293,257,802 in
members' deficit.  The Debtors ended May with $83,139,957 in
cash and cash equivalents and $3,119,611 in restricted cash.

A copy of the Debtors' monthly operating report for the period is
available for free at:

   http://bankrupt.com/misc/fairfieldresidential.may2010mor.pdf

                   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. Delaware 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.


GENERAL GROWTH: Reports $853,933,000 Net Loss for May
-----------------------------------------------------
                 General Growth Properties, Inc.
               Consolidated Condensed Balance Sheet
                       As of May 31, 2010

Assets
Investment in real estate:
Land                                            $2,912,125,000
Buildings and equipment                         18,879,395,000
Less accumulated depreciation                   (3,941,425,000)
Developments in progress                           364,059,000
                                               ----------------
    Net property and equipment                   18,214,154,000

Investment in and loans to/from Unconsolidated
Real Estate Affiliates                             380,384,000
Investment property and property held for
development and sale                             1,208,349,000
Investment in controlled non-debtor entities     3,992,462,000
                                               ----------------
    Net investment in real estate                23,795,349,000

Cash and cash equivalents                           479,210,000
Accounts and notes receivable, net                  319,921,000
Goodwill                                            199,664,000
Deferred expenses, net                              215,711,000
Prepaid expenses and other assets                   587,357,000
                                               ----------------
  Total assets                                  $25,597,212,000
                                               ================

Liabilities and Equity:
Mortgages, notes and loans payable              $12,517,007,000
Investment in and loans to/from Unconsolidated
Real Estate Affairs                                 32,815,000
Deferred tax liabilities                            903,046,000
Accounts payable and accrued expenses             1,054,877,000
                                               ----------------
Liabilities not subject to compromise           14,507,745,000
                                               ----------------
Liabilities subject to compromise                9,425,787,000
                                               ----------------
Total liabilities                               23,933,532,000
                                               ----------------

Redeemable noncontrolling interests:
Preferred                                          120,756,000
Common                                             103,458,000
                                               ----------------
Total redeemable noncontrolling interests          224,214,000
                                               ----------------

Equity:
Common stock                                         3,188,000
Additional paid-in capital                       3,774,879,000
Retained earnings (accumulated deficit)         (2,275,430,000)
Accumulated other comprehensive loss                (1,893,000)
Less common stock in treasury, at cost             (76,752,000)
                                               ----------------
Total stockholder's equity                       1,423,992,000
Noncontrolling interests in consolidated real
estate affiliates                                   15,474,000
                                               ----------------
Total equity                                     1,439,466,000
                                               ----------------
  Total liabilities and equity                  $25,597,212,000
                                               ================

                   General Growth Properties, Inc.
                  Consolidated Statement of Income
                  For the Month ended May 31, 2010

Revenues:
Minimum rents                                   $1,866,598,000
Tenant recoveries                                  833,956,000
Overage rents                                       50,713,000
Land sales                                          10,724,000
Management fees and other corporate revenues        12,510,000
Other                                               82,741,000
                                               ----------------
  Total revenues                                  2,857,242,000
                                               ----------------
Expenses:
Real estate taxes                                  267,650,000
Property maintenance costs                         208,768,000
Marketing                                           32,978,000
Ground and other rents                              16,021,000
Other property operating costs                     389,207,000
Land sales operations                               24,806,000
Provision for doubtful accounts                     26,225,000
Property management and other costs                104,365,000
General and administrative                          62,678,000
Provisions for impairment                          866,508,000
Depreciation and amortization                      682,011,000
                                               ----------------
  Total expenses                                  2,681,217,000
                                               ----------------
Operating income (loss)                             176,025,000

Interest (expense) income, net                   (1,315,722,000)
                                               ----------------
Loss before income taxes, noncontrolling interests,
equity in income of Unconsolidated Real Estate
Affiliates and reorganization items             (1,139,697,000)
Benefit (provision) for income taxes                (10,709,000)
Equity in income of Unconsolidated Real Estate
Affiliates                                          96,332,000
Reorganization items                                193,928,000
                                               ----------------
Net loss                                           (860,146,000)
Allocation to noncontrolling interests                6,213,000
                                               ----------------
Net (loss) income attributable to common
stockholders                                     ($853,933,000)
                                               ================

A full-text copy of the May 2010 MOR is available for free
at http://bankrupt.com/misc/ggpmay2010mor.pdf

                     About General Growth

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

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

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


IMPERIAL CAPITAL: Posts $592,701 Net Loss in May
------------------------------------------------
On June 20, 2010, Imperial Capital Bancorp, Inc., filed its
unaudited monthly operating report with the Office of United
States Trustee for the month of May 2010.

The Company reported a net loss of $592,701 for the period.

At May 31, 2010, the Company had total assets of $43,059,285,
total liabilities of $101,695,956.37, and total equity of
($58,636,670).

A full-text copy of the Company's May 2010 monthly operating
report is available at no charge at:

               http://researcharchives.com/t/s?662d

La Jolla, California-based Imperial Capital Bancorp, Inc., was a
diversified bank holding company.  The Company owned 100% of the
common stock of Imperial Capital Bank, a California state
chartered commercial bank that had roughly $4.4 million in assets
and nine retail branches.  On December 18, 2009, the FDIC seized
the Bank and entered into a puRchase and assumption agreement with
City National Bank.

Imperial Capital Bancorp, Inc. filed for Chapter 11 bankruptcy
protection on December 18, 2009 (Bankr. S.D. Calif. Case No.
09-19431).  Gregory K. Jones, Esq., at Stutman, Treister & Glatt,
P.C., 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.


MOVIE GALLERY: Reports $100,220 Net Loss for May
------------------------------------------------

                      Movie Gallery, Inc.
              Unaudited Consolidated Balance Sheet
                      As of June 6, 2010
                         (in thousands)

ASSETS
Current assets:
Cash and cash equivalents                              $117,165
Merchandise inventory                                    37,012
Prepaid expenses                                         22,705
Accounts receivable and other                             6,705
Intercompany receivable                                     680
Assets held for sale                                        430
                                                       --------
Total current assets                                    184,697

Rental inventory, net                                    74,961
Property, furnishings and equipment, net                 13,067
Other intangibles, net                                   17,365
Deposits and other assets                                20,627
Investment in subsidiaries                               38,259
                                                       --------
Total assets                                           $348,976
                                                       ========

LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities:
Current maturities of long-term obligations             $55,000
Accounts payable                                         26,989
Accrued liabilities                                      21,827
Accrued payroll                                           5,127
Accrued interest                                            487
                                                       --------
Total current liabilities                               109,430

Lease liability on closed stores                            130
Other accrued liabilities                                 1,798
                                                       --------
Total liabilities not subject to compromise             111,358

Liabilities subject to compromise                       874,094

Total liabilities                                       985,452

Stockholders' deficit:
Common stock                                                 37
Additional paid-in capital                              386,843
Accumulated deficit                                  (1,015,461)
Accumulated other comprehensive loss                     (7,895)
Total stockholders' deficit                            (636,476)

Total liabilities and stockholders' deficit            $348,976
                                                       ========

                   Movie Gallery, Inc.
       Unaudited Consolidated Statement of Operations
          For the period May 10, 2010 - June 6, 2010
                      (in thousands)

Revenue:
Rentals                                                 $46,573
Product sales                                            10,637
                                                        -------
                                                         57,210
Cost of Sales:
Cost of rental revenues                                  26,802
Cost of product sales                                     9,681
                                                       --------
                                                         36,483

Gross margin                                             20,727
Gross margin %                                             36.2%

Rental margin                                            19,771
Rental margin %                                            42.5%

Product margin                                              956
Product margin %                                            9.0%

Operating costs and expenses:
Store operating expenses                                 78,711
General and administrative                                4,275
Amortization of intangibles                                 310
Intercompany charges                                       (694)
                                                      ---------
                                                         82,602

Operating loss                                          (61,875)

Interest expense, net                                       858

Loss before reorganization items and income taxes       (62,733)

GAAP reversals                                           74,169
Reorganization items, net                               (37,735)
                                                      ---------
Loss before income taxes                                (99,167)

Income taxes                                              1,053

Net loss                                              ($100,220)
                                                       ========

                   Movie Gallery, Inc.
       Unaudited Consolidated Statement of Cash Flows
           For the period May 10, 2010 - June 6, 2010
                      (in thousands)

Net loss                                              ($100,220)
Adjustments to reconcile net income to net cash
provided by operating activities
Rental inventory amortization                           24,192
Purchases of rental inventory                           (2,204)
Reorganization items, net                              (40,467)
GAAP reversals                                          74,169
Depreciation and intangibles amortization                  570
Loss on closed store write-offs                          3,277
Gain on disposal of property, furnishings, equipment      (685)
Amortization of debt issuance cost                         649
Deferred income taxes                                    1,126
Stock based compensation                                     -
Changes in operating assets and liabilities
Merchandise inventory                                    9,253
Other current assets                                     6,720
Deposits and other assets                                   780
Accounts payable                                         (7,380)
Accrued interest                                            174
Lease liability on closed stores                         73,514
Other accrued liabilities and deferred revenue          (18,966)
                                                       --------
Net cash provided by operating activities                24,502

Investing Activities
Purchases of property, furnishings and equipment, net         -
Proceeds from disposal of property,
furnishings and equipment                                  710
                                                        -------
Net cash provided by investing activities                   710

Financing activities
Net borrowings(repayments) on revolving facilities            -
Change in intercompany payable                             (709)
                                                        -------
Net cash used in financing activities                      (709)

Decrease in cash and cash equivalents                    24,503
Cash and cash equivalents at beginning of period         92,662
                                                        -------
Cash and cash equivalents at end of period             $117,165
                                                       ========

                        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).


NEWPOWER HOLDINGS: Files Monthly Operating Report for May
---------------------------------------------------------
NewPower Holdings, Inc., filed its monthly operating report for
the period April 30, 2010, to May 31, 2010, with the
Bankruptcy Court for the Northern District of Georgia on June 29,
2010.

The Debtor had an opening cash balance of $496 and an ending cash
balance of $470.

A full-text copy of the Debtor's May 2010 operating report
is available for free at http://researcharchives.com/t/s?65ef

NewPower Holdings Inc. (Pink Sheets: NWPWQ) and its debtor-
affiliates filed for Chapter 11 protection on June 11, 2002
(Bankr. N.D. Ga. 02-10836).  Paul K. Ferdinands, Esq., at King &
Spalding, and William M. Goldman, Esq., at Sidley Austin Brown &
Wood LLP, represent the Debtors as counsel.  When the Debtors
filed for protection from their creditors, they reported
$231,837,000 in assets and $87,936,000 in debts.

On August 15, 2003, the U.S. Bankruptcy Court for the Northern
District of Georgia, Newnan Division, confirmed the Second Amended
Chapter 11 Plan with respect to NewPower Holdings, Inc., and TNPC
Holdings, Inc., a wholly owned subsidiary of the Company.  That
Plan became effective on October 9, 2003, with respect to the
company and TNPC.

On February 28, 2003, the Bankruptcy Court confirmed The New
Power Company's Plan, and that Plan has been effective as of
March 11, 2003, with respect to New Power.  The New Power Company
is a wholly owned subsidiary of the company.


NEXTMEDIA GROUP: Ends May With $15.5 Million Cash
-------------------------------------------------
NextMedia Group, Inc., et al., ended May 2010 with $15.5 million
in unrestricted cash and cash equivalents.

At May 31, 2010, the Debtors had $214.4 million in total
assets, $147.3 million in total liabilities, and $67.1 million in
in net owners' equity.

A copy of the Debtors' monthly operating report is available for
free at http://bankrupt.com/misc/nextmediagroup.may2010mor.pdf

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

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

On March 22, 2010, the Bankruptcy Court entered an order
confirming the Debtors' Amended Joint Chapter 11 Plan of
Reorganization, as modified on March 18, 2010.  The Debtors
emerged from Chapter 11 on May 27, 2010.


OPUS SOUTH: Reports $48,269 Net Loss for April
----------------------------------------------
                     Opus South Corporation
                         Balance Sheet
                      As of April 30, 2010

ASSETS:

Cash & cash equivalents                               $663,316
Receivables:
  Construction contracts                             8,589,340
  Related party                                              -
  Management fees                                            -
  Other                                             (2,050,935)
                                                  ------------
Total receivables                                    6,538,406

Costs & estimated earnings                                   -
Prepaid expenses & other assets                        516,081
Pursuit costs                                                -
Real estate:
  Completed                                                  -
  Under construction                                         -
  Land held for development                            412,969
  Real estate held for investment                            -
  Investment in real estate ventures                 1,949,659
  Accumulated depreciation                                   -
                                                  ------------
Total real estate                                    2,362,628

Notes receivable                                             -
Investment in subsidiaries                          56,592,196
Property & equipment, net                                  794
                                                  ------------
Total assets                                       $66,673,421
                                                  ============

LIABILITIES:

Accounts payable                                   $11,000,248
Accrued expenses                                     1,872,117
Accrued income taxes                                         -
Billings in excess of costs                                  -
Mortgages and notes payable                         61,000,000
Subordinated notes payable                                   -
Postpetition accounts payable                           96,208
Postpetition accrued expenses                          (82,475)
                                                  ------------
Total liabilities                                   73,886,099

Minority interest in subsidiary                              -

EQUITY:

Common stock                                             9,660
Additional paid-in capital                          71,674,223
Prepetition retained earnings                      (70,303,142)
Postpetition retained earnings                      (8,593,419)
                                                  ------------
Total equity                                        (7,212,678)
                                                  ------------
Total liabilities & equity                         $66,673,421
                                                  ============

                     Opus South Corporation
                        Income Statement
               For the month ended April 30, 2010

Gross Revenues:
  Construction - related party                              $0
  Construction - 3rd party                                   0
  Real estate                                                0
  Rental property                                            0
  Management fee                                             0
                                                  ------------
Total gross revenues                                         0

Gross Margin:
  Construction - related party                               0
  Construction - 3rd party                                   0
  Real estate                                                0
  Rental property                                            0
  Management fee                                             0
                                                  ------------
Total gross margin                                           0

Other Income:
  Interest                                                  16
  Real estate ventures                                       -
  Other                                                 (3,120)
                                                  ------------
Total income                                            (3,104)

Expenses:
  Salary and related                                    35,384
  General & administrative                               9,782
  Reorganization expenses                                    -
  Project costs capitalized                                  -
  Interest                                                   -
  Interest capitalized                                       -
  Corporate overhead & variable compensation                 -
  Charitable contributions                                   -
                                                  ------------
Total expenses                                          45,166

Income(Loss) before minority interest & taxes          (48,269)
  Minority Int. in income(loss) loss of cons sub             -
                                                  ------------
Income(Loss) before taxes                              (48,269)
                                                  ------------
Net income(loss)                                      ($48,269)
                                                  ============

Opus South Corporation's April 2010 operating report also
includes an illegible Cash Receipts & Disbursements statement, a
copy of which is available for free at:

            http://bankrupt.com/misc/OpS0410CD.pdf

                         About Opus South

Headquartered in Atlanta, Georgia, Opus South Corporation --
http://www.opuscorp.com/-- provides an array of real estate
related services across the United States including real estate
development, architecture & engineering, construction and project
management, property management and financial services.

The Company and its affiliates filed for Chapter 11 on April 22,
2009 (Bankr. D. Del. Lead Case No. 09-11390).  Victoria Watson
Counihan, Esq., at Greenberg Traurig, LLP, represents the Debtors
in their restructuring efforts.  The Debtors propose to employ
Landis, Rath & Cobb, LLP, as conflicts counsel, Chatham Financial
Corporation as real estate broker, Delaware Claims Agency LLC as
claims agent.  The Debtors have assets and debts both ranging from
$50 million to $100 million.

The U.S. Bankruptcy Court for the District of Delaware confirmed
the Chapter 11 Plan of Liquidation filed by Wachovia Bank,
National Association, as administrative agent, and certain lender
parties for Waters Edge One, L.L.C., one of the Opus South
Debtors, on February 18, 2010.

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 SOUTH: Reports $12,697 Net Loss for May
--------------------------------------------
                     Opus South Corporation
                         Balance Sheet
                       As of May 31, 2010

ASSETS:

Cash & cash equivalents                               $650,745
Receivables:
  Construction contracts                             8,589,340
  Related party                                              -
  Management fees                                            -
  Other                                             (2,050,935)
                                                  ------------
Total receivables                                    6,538,406

Costs & estimated earnings                                   -
Prepaid expenses & other assets                        516,081
Pursuit costs                                                -
Real estate:
  Completed                                                  -
  Under construction                                         -
  Land held for development                            412,969
  Real estate held for investment                            -
  Investment in real estate ventures                 1,949,659
  Accumulated depreciation                                   -
                                                  ------------
Total real estate                                    2,362,628

Notes receivable                                             -
Investment in subsidiaries                          56,592,196
Property & equipment, net                                  667
                                                  ------------
Total assets                                       $66,660,723
                                                  ============

LIABILITIES:

Accounts payable                                   $11,000,248
Accrued expenses                                     1,872,117
Accrued income taxes                                         -
Billings in excess of costs                                  -
Mortgages and notes payable                         61,000,000
Subordinated notes payable                                   -
Postpetition accounts payable                           96,208
Postpetition accrued expenses                          (82,476)
                                                  ------------
Total liabilities                                   73,886,098

Minority interest in subsidiary                              -

EQUITY:

Common stock                                             9,660
Additional paid-in capital                          71,674,223
Prepetition retained earnings                      (70,303,142)
Postpetition retained earnings                      (8,606,116)
                                                  ------------
Total equity                                        (7,225,375)
                                                  ------------
Total liabilities & equity                         $66,660,723
                                                  ============

                     Opus South Corporation
                        Income Statement
                 For the month ended May 31, 2010

Gross Revenues:
  Construction - related party                              $0
  Construction - 3rd party                                   0
  Real estate                                                0
  Rental property                                            0
  Management fee                                             0
                                                  ------------
Total gross revenues                                         0

Gross Margin:
  Construction - related party                               0
  Construction - 3rd party                                   0
  Real estate                                                0
  Rental property                                            0
  Management fee                                             0
                                                  ------------
Total gross margin                                           0

Other Income:
  Interest                                                  15
  Real estate ventures                                       -
  Other                                                      2
                                                  ------------
Total income                                                17

Expenses:
  Salary and related                                    24,211
  General & administrative                             (11,497)
  Reorganization expenses                                    -
  Project costs capitalized                                  -
  Interest                                                   -
  Interest capitalized                                       -
  Corporate overhead & variable compensation                 -
  Charitable contributions                                   -
                                                  ------------
Total expenses                                          12,714

Income(Loss) before minority interest & taxes          (12,697)
  Minority Int. in income(loss) loss of cons sub             -
                                                  ------------
Income(Loss) before taxes                              (12,697)
                                                  ------------
Net income(loss)                                       (12,697)
                                                  ============

Opus South Corporation's May 2010 operating report also
includes an illegible Cash Receipts & Disbursements statement, a
copy of which is available for free at:

            http://bankrupt.com/misc/OpS0510CD.pdf

                         About Opus South

Headquartered in Atlanta, Georgia, Opus South Corporation --
http://www.opuscorp.com/-- provides an array of real estate
related services across the United States including real estate
development, architecture & engineering, construction and project
management, property management and financial services.

The Company and its affiliates filed for Chapter 11 on April 22,
2009 (Bankr. D. Del. Lead Case No. 09-11390).  Victoria Watson
Counihan, Esq., at Greenberg Traurig, LLP, represents the Debtors
in their restructuring efforts.  The Debtors propose to employ
Landis, Rath & Cobb, LLP, as conflicts counsel, Chatham Financial
Corporation as real estate broker, Delaware Claims Agency LLC as
claims agent.  The Debtors have assets and debts both ranging from
$50 million to $100 million.

The U.S. Bankruptcy Court for the District of Delaware confirmed
the Chapter 11 Plan of Liquidation filed by Wachovia Bank,
National Association, as administrative agent, and certain lender
parties for Waters Edge One, L.L.C., one of the Opus South
Debtors, on February 18, 2010.

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).


ORLEANS HOMEBUILDERS: Posts $4,000 Net Loss in May
--------------------------------------------------
Orleans Homebuilders, Inc., et al., reported a net loss of $4,000
for the month ended May 31, 2010.

At May 31, 2010, the Debtors had $50.2 million in total assets,
($6.1) in total liabilities, and $56.2 million in total owner
equity.

A copy of the May 2010 operating report is available for free at:

   http://bankrupt.com/misc/orleanshomebuilders.may2010mor.pdf

                     About Orleans Homebuilders

Orleans Homebuilders, Inc. -- aka FPA Corporation, OHB, Parker &
Lancaster, Masterpiece Homes, Realen Homes and Orleans --
develops, builds and markets high-quality single-family homes,
townhouses and condominiums.  From its headquarters in suburban
Philadelphia, the Company serves a broad customer base including
first-time, move-up, luxury, empty-nester and active adult
homebuyers.  The Company currently operates in these 11 distinct
markets: Southeastern Pennsylvania; Central and Southern New
Jersey; Orange County, New York; Charlotte, Raleigh and
Greensboro, North Carolina; Richmond and Tidewater, Virginia;
Chicago, Illinois; and Orlando, Florida.  The Company's Charlotte,
North Carolina operations also include adjacent counties in South
Carolina.  Orleans Homebuilders employs approximately 300 people.

The Company filed for Chapter 11 bankruptcy protection on March 1,
2010 (Bankr. D. Del. Case No. 10-10684).  Cahill Gordon & Reindell
LLP is the Debtor's bankruptcy and restructuring counsel.  Curtis
S. Miller, Esq., and Robert J. Dehney, Esq., at Morris, Nichols,
Arsht & Tunnell, are the Debtor's Delaware and restructuring
counsel.  Blank Rome LLP is the Debtor's special corporate
counsel.  Garden City Group Inc. is the Debtor's claims and notice
agent.  The Company estimated assets and debts at $100,000,001 to
$500,000,000.


PACIFIC ENERGY: Posts $124,678 Net Loss in May
----------------------------------------------
Pacific Energy Resources Ltd. filed with the U.S. Bankruptcy Court
for the District of Delaware on June 29, 2010, a monthly
operating report for May 2010.

Pacific Energy Resources Ltd. reported a net loss of $124,678 for
the month of May 2010.

At May 31, 2010, the Company had total assets of $524,309,573,
total liabilities of $153,381,898, and net stockholders' equity of
$370,927,675 million.

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

     Cash, beginning         $10,076,436
     Total Receipts           $9,568,120
     Total Disbursements      $9,830,499
     Net Cash Flow             ($262,379)
     Cash, end                $9,814,057

During May, the Company paid $277,928 in professional fees
and reimbursed $17,275 in professional expenses.

A full-text copy of the Debtor's May 2010 operating report is
available for free at:

      http://bankrupt.com/misc/pacificenergy.may2010mor.pdf

                       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.


TRIBUNE CO: Reports Net Income of $20,557,000 for May
-----------------------------------------------------
                     Tribune Company, et al.
                 Condensed Combined Balance Sheet
                       As of May 23, 2010

ASSETS
Current Assets:
  Cash and cash equivalents                         $824,871,000
  Accounts receivable, net                           433,474,000
  Inventories                                         22,268,000
  Broadcast rights                                   183,921,000
  Prepaid expenses and other                         190,885,000
                                                  --------------
Total current assets                               1,655,419,000

Property, plant and equipment, net                   985,496,000

Other Assets:
  Broadcast rights                                    99,566,000
  Goodwill & other intangible assets                 798,534,000
  Prepaid pension costs                                1,818,000
  Investments in non-debtor units                  1,515,179,000
  Other investments                                   42,793,000
  Intercompany receivables from non-debtors        3,165,387,000
  Restricted cash                                    719,217,000
  Other                                               77,635,000
                                                  --------------
Total Assets                                      $9,061,044,000
                                                  ==============

LIABILITIES & SHAREHOLDERS' EQUITY(DEFICIT)

Current Liabilities:
  Current portion of broadcast rights                $94,117,000
  Current portion of long-term debt                    6,205,000
  Accounts payable, accrued expenses, and other      378,503,000
                                                  --------------
Total current liabilities                            478,825,000

Pension obligations                                  175,386,000
Long-term broadcast rights                            44,725,000
Long-term debt                                         7,817,000
Other obligations                                    197,508,000
                                                  --------------
Total Liabilities                                    904,261,000

Liabilities Subject to Compromise
  Intercompany payables to non-debtors             3,459,117,000
  Obligations to third parties                    13,243,276,000
                                                  --------------
Total Liabilities Subject to Compromise           16,702,393,000

Shareholders' Equity (Deficit)                    (8,545,610,000)
                                                  --------------
Total Liabilities & Shareholders' Equity(Deficit) $9,061,044,000
                                                  ==============

                     Tribune Company, et al.
          Condensed Combined Statement of Operations
       For the Period From April 26, 2010 to May 23, 2010

Total Revenue                                       $240,744,000

Operating Expenses:
  Cost of sales                                      127,231,000
  Selling, general and administrative                 68,105,000
  Depreciation                                        12,204,000
  Amortization of intangible assets                    1,119,000
                                                  --------------
Total operating expenses                             208,659,000
                                                  --------------
Operating Profit (Loss)                               32,085,000
                                                  --------------
Net income on equity investments                       1,232,000
Interest expense, net                                 (2,908,000)
Management fee                                        (1,438,000)
Non-operating income (loss), net                          14,000
                                                  --------------
Income (loss) before income taxes & Reorg. Costs      28,985,000
Reorganization costs                                  (7,428,000)
                                                  --------------
Income (loss) before income taxes                     21,557,000
Income taxes                                          (1,000,000)
                                                  --------------
Income (loss) from continuing operations              20,557,000
Income from discontinued operations, net of tax                0
                                                  --------------
Net Income (Loss)                                    $20,557,000
                                                  ==============

                     Tribune Company, et al.
             Combined Schedule of Operating Cash Flow
           For the Period April 26, 2010 to May 23, 2010

Beginning Cash Balance                           $1,500,893,000

Cash Receipts:
  Operating receipts                                 230,783,000
  Other                                                2,487,000
                                                  --------------
Total Cash Receipts                                  233,270,000

Cash Disbursements
  Compensation and benefits                           75,865,000
  General disbursements                              132,754,000
  Reorganization related disbursements                 4,738,000
                                                  --------------
Total Disbursements                                  213,357,000
                                                  --------------
Debtors' Net Cash Flow                                19,914,000

From/(To) Non-Debtors                                  3,211,000
                                                  --------------
Net Cash Flow                                         23,124,000
Other                                                 (1,195,000)
                                                  --------------
Ending Available Cash Balance                     $1,522,823,000
                                                  ==============

                         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: Adamar of NJ Reports $142,000 Net Loss for May
-------------------------------------------------------------

                   Adamar of New Jersey, Inc.
                DBA Tropicana Casino and Resort
                  Consolidated Balance Sheet
                      As of May 31, 2010

                             ASSETS

Current Assets
Cash and cash equivalents                          $7,242,000
Receivables, gaming, hotel and other, net                   0
Inventories                                                 0
Prepaid expenses and other                                  0
Deferred income taxes                                       0
                                                --------------
Total current assets                                 7,242,000

Property and equipment, at cost, net                         0

Investments                                                  0
Tenant allowances and other assets                           0
                                                --------------
TOTAL ASSETS                                        $7,242,000
                                                ==============

              LIABILITIES AND SHAREHOLDERS' EQUITY

Current Liabilities
Accounts payable and accruals                      $4,251,000
Accrued payroll and employee benefits                       0
Current portion of long-term debt                           0
Casino reinvestment obligation                              0
Advances from TE and other affiliates, net                  0
Advances from NJ affiliates, net                            0
Other current liabilities                                   0
Liabilities subject to compromise                   9,560,000
                                                --------------
Total current liabilities                           13,812,000

Long-term debt, net of current portion                       0
Deferred income taxes                                        0
                                                --------------
Total Liabilities                                   13,812,000

Stockholders' Equity
Common stock, no par value (100 shares                      0
   authorized, issued and outstanding)
Paid-in capital                                             0
Accumulated deficit                                (6,569,000)
                                                --------------
Total shareholders' equity                          (6,569,000)
                                                --------------
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY            $7,242,000
                                                ==============

                   Adamar of New Jersey, Inc.
                DBA Tropicana Casino and Resort
              Consolidated Statement of Operations
                For the Month Ended May 31, 2010

Revenues
Casino                                                     $0
Rooms                                                       0
Food and beverage                                           0
Other                                                       0
                                                --------------
Total revenues                                               0
                                                --------------

Costs and Expenses
Casino                                                      0
Rooms                                                       0
Food and beverage                                           0
Other                                                       0
Marketing                                                   0
General and administrative                                  0
Utilities                                                   0
Repairs and maintenance                                     0
Provision for doubtful accounts                             0
Property taxes and insurance                                0
Rent                                                        0
Rent to New Jersey affiliate                                0
Depreciation and amortization                               0
Reorganization expense                                142,000
                                                --------------
Total                                                  142,000

Operating profit (loss)                               (142,000)

License denial expense                                       0
Interest income, net                                         0
Interest expense                                             0
                                                --------------
Income before income taxes                            (142,000)
Income taxes benefit/(provision)                             0
                                                --------------
NET (LOSS)                                           ($142,000)
                                                ==============

                   Adamar of New Jersey, Inc.
                DBA Tropicana Casino and Resort
                          Cash Flows
               For the Month Ended May 31, 2010


Beginning cash                                      $8,642,000

Disbursements:
Professional fees disbursements                     1,370,000
UST fees                                               30,000
                                                --------------
Total disbursements                                  1,400,000

Interest income                                              0
                                                --------------
Ending Cash                                         $7,242,000
                                                ==============

                   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


UNO RESTAURANT: Posts $2,337,200 Net Loss From March 29 to May 2
----------------------------------------------------------------
Uno Restaurant Holdings Corporation and its subsidiaries filed on
May 20, 2010, a monthly operating report for the period March 29,
2010, through May 2, 2010.

The Debtors reported a net loss of $2,337,200 on net revenue of
$24,304,500 for the period.  At May 2, 2010, the Debtors had
total assets of $134,774,923, total liabilities of $243,073,664,
for a stockholders' deficit of $108,298,741.

The Debtors had $179,227 in unrestricted cash and equivalents and
$1,498,874 in restricted cash and equivalents at May 2, 2010,
for a total book balance of cash of $1,678,101.

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

    http://bankrupt.com/misc/unorestaurant.march29-may2mor.pdf

              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 assist the Debtors in their
restructuring effort.  CRG Partners Group LLC is the restructuring
advisor.  Kurtzman Carson Consultants LLC serves as noticing and
claims agent.


UNO RESTAURANT: Posts $1,073,258 Net Loss From May 3 - May 30
-------------------------------------------------------------
Uno Restaurant Holdings Corporation and its subsidiaries filed on
June 18, 2010, a monthly operating report for the period May 3,
2010, through May 30, 2010.

The Debtors reported a net loss of $1,073,258 on net revenue of
$18,944,800 for the period.  At May 30, 2010, the Debtors had
total assets of $134,587,818, total liabilities of $243,959,817,
for a stockholders' deficit of $109,371,999.

The Debtors had $167,527 in unrestricted cash and equivalents and
$1,498,381 in restricted cash and equivalents at May 30, 2010,
for a total book balance of cash of $1,665,908.

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

         http://bankrupt.com/misc/unorestaurant.may2010mor.pdf

              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 assist the Debtors in their
restructuring effort.  CRG Partners Group LLC is the restructuring
advisor.  Kurtzman Carson Consultants LLC serves as noticing and
claims agent.


U.S. CONCRETE: Has $2.95 million Net Loss in May
------------------------------------------------
On June 30, 2010, U.S. Concrete, Inc., filed its monthly operating
report for the period April 29, through May 31, 2010, with the
U.S. Bankruptcy Court for the District of Delaware.

The Debtor reported a net loss of $2.9 million on $42.1 million of
revenue for the monthly period ended May 31, 2010.

At May 31, 2010, the Debtors's combined balance sheet showed
$377.0 million in assets, $424.9 million of liabilities, and
($47.9) million of stockholders' equity.

Bill Rochelle at Bloomberg News reports that interest expense in
the month was $3.35 million.  The month's depreciation and
amortization totaled $2.2 million.

The prepackaged reorganization plan is scheduled for a three-day
confirmation hearing to begin July 23 and continue on July 28 and
29.  The plan reduces debt by $285 million through conversion of
8.325% subordinated notes into the new equity.  Shareholders are
opposed, saying they are entitled to more than warrants for 15% of
the stock.

A copy of the monthly operating report is available for free at:

        http://bankrupt.com/misc/usconcrete.may2010mor.pdf

                       About U.S. Concrete

Houston, Tex.-based U.S. Concrete, Inc., aka RMX Industries, Inc.,
is a major producer of ready-mixed concrete, precast concrete
products and concrete-related products in select markets in the
United States.

The Company filed for Chapter 11 bankruptcy protection on
April 29, 2010 (Bankr. D. Del. Case No. 10-11407).  Patrick J.
Nash Jr., Esq., and Ross M. Kwasteniet, Esq., at Kirkland & Ellis
LLP, assist the Company in its restructuring effort as bankruptcy
counsel.  James E. O'Neill, Esq., Laura Davis Jones, Esq., and
Mark M. Billion, Esq., at Pachulski Stang Ziehl & Jones LLP, is
the Company's co-counsel.  Epiq Bankruptcy Solutions is the
Company's claims agent.

According to the schedules, the Company says that assets total
$389,160,000 while debts total $399,351,000.

The Debtor's affiliates, Alberta Investments, Inc., et al., filed
separate Chapter 11 petitions on April 29, 2010.


VISTEON CORP: Reports $87,336,000 Net Loss for May
--------------------------------------------------
                      Visteon Corporation
                     Debtor's Balance Sheet
                       As of May 31, 2010

ASSETS
Current Assets:
  Cash and cash equivalents                       $308,168,000
  Restricted cash                                   94,421,000
  Accounts receivable, net                       4,343,372,000
  Inventories, net                                  18,346,000
  Other current assets                              48,639,000
                                                --------------
Total current assets                             4,812,945,000

Property and equipment, net                         96,595,000
Equity in net asset of non-consolidated units                0
Other non-current assets                         1,336,991,000
                                                --------------
Total Assets                                    $6,246,531,000
                                                ==============

LIABILITIES & SHAREHOLDERS' EQUITY
Short-term debt, including current portion
of long-term debt                             $11,138,254,000
Accounts payable                                 1,207,028,000
Accrued employee liabilities                        31,577,000
Other current liabilities                           57,979,000
                                                --------------
Total current liabilities                       12,434,838,000
Liabilities subject to compromise                2,855,101,000

Long-term debt                                          23,000
Employee benefits                                  280,878,000
Deferred income taxes                               92,194,000
Other non-current liabilities                      188,152,000
                                                --------------
Total Liabilities                               15,851,185,000

Shareholders' equity (deficit)
Debtor's Shareholders' equity (deficit)
Common stock                                      131,053,000
Stock warrants                                    127,024,000
Additional paid-in capital                      2,219,956,000
Retained earnings                             (11,671,613,000)
Accumulated other comprehensive income           (274,050,000)
Other                                              (4,032,000)
                                                --------------
Total Debtor shareholders' equity               (9,471,663,000)
Noncontrolling interests                          (132,992,000)
                                                --------------
Total shareholders' equity(deficit)             (9,604,655,000)
                                                --------------
Total Liabilities and shareholders' equity      $6,246,531,000
                                                ==============

                      Visteon Corporation
                   Statements of Operations
              For the Period Ended May 31, 2010

Net sales
Products                                          $28,313,000
Services                                           18,082,000
                                                --------------
                                                    46,395,000

Cost of Sales
  Products
    Materials                                       19,031,000
    Labor and overhead                              10,191,000
    Product engineering                             17,446,000
    Freight and duty                                   (91,000)
    Manufacturing spending                             392,000
    Warranty and recall                                 76,000
    Other                                           16,139,000
  Services                                          17,952,000
                                                --------------
                                                    81,135,000
                                                --------------
Gross margin                                       (34,740,000)

Selling, general and administrative expenses
Personnel                                           7,998,000
Depreciation                                        2,202,000
Other                                                (650,000)
                                                --------------
                                                     9,550,000
Restructuring expenses                                (100,000)
Reimbursement from Escrow Account                            0
Reorganization items                                 8,010,000
Deconsolidation gain                                         0
Asset impairments and other (gains)/losses          31,163,000
                                                --------------
Operating income(loss)                             (83,363,000)

Interest expense                                     4,337,000
Interest income                                        434,000
Equity in net income of non-consolidated affiliates          0
                                                --------------
Income(loss) before income taxes                   (87,266,000)
Provision for income taxes                              69,000
                                                --------------
Net Income (loss)                                  (87,336,000)
Net income attributable to noncontrolling interest           0
                                                --------------
Net income (loss) attributable to Debtor          ($87,336,000)
                                                ==============

                   Visteon Corporation et al.
           Combined Schedules of Operating Cash Flow
                For the Month Ended May 31, 2010

Customer receipts                                 $155,866,000
Other receipts                                      22,808,000
Intercompany receipts                               44,717,000
                                                --------------
Total receipts                                     223,391,000

Disbursements
Payroll related                                    (25,183,000)
Operating disbursements                            (72,338,000)
Intercompany disbursements                        (118,353,000)
Other disbursements                                 (8,608,000)
                                                --------------
Total Disbursements                               (224,482,000)
                                                --------------
Net Cash Flow                                       (1,091,000)

Beginning Cash Balance                             557,108,000
Net Cash Flow                                       (1,091,000)
Foreign Currency and other Adjustments              (4,207,000)
                                                --------------
Ending Cash Balance                               $551,810,000
                                                ==============

                         About Visteon Corp.

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


WASHINGTON MUTUAL: Reports $288,663,327 Net Loss for May
--------------------------------------------------------
                  WASHINGTON MUTUAL, INC.
                  Unaudited Balance Sheet
                    As of May 31, 2010

ASSETS
Unrestricted cash and cash equivalents           $4,563,806,782
Restricted cash and cash equivalents                 96,300,942
Investment securities                                66,947,599
Accrued interest receivable                             836,582
Income tax receivable                               475,913,725
Prepaid expenses                                      2,634,018
Cash surrender value of BOLI/COLI                    44,448,443
Funded Pension                                       39,173,922
Other investments                                             -
Investment in subsidiaries                        1,486,609,273
Notes receivable, intercompany                       12,746,534
Fixed assets                                             75,884
Other assets                                         96,876,515
                                                ----------------
Total Assets                                      $6,886,370,219
                                                ================

LIABILITIES NOT SUBJECT TO COMPROMISE
Accounts payable                                     $5,724,703
Accrued wages and benefits                              673,940
Other accrued liabilities                            16,343,260
Minority interest                                     1,113,847
                                                ----------------
Total Postpetition Liabilities                       23,855,750

LIABILITIES SUBJECT TO COMPROMISE
Senior debt                                       4,132,421,622
Subordinated debt                                 1,666,464,970
Junior subordinated debt                            765,674,200
Intercompany payables                               684,095,259
Accounts payable                                      4,480,720
Taxes payable                                       550,769,514
Payroll and benefit accruals                        386,864,900
Other accrued liabilities                            76,325,795
Other prepetiion liabilities                                198
                                                ----------------
Total Prepetition Liabilities                     8,267,097,177
                                                ----------------
Total Liabilities                                 8,290,952,927

SHAREHOLDERS' EQUITY
Preferred stock                                   3,392,341,954
Common stock                                     12,988,753,556
Other comprehensive income                         (754,822,924)
Retained earnings - prepetition                 (16,742,191,966)
Retained earnings - postpetition                   (288,663,327)
                                                ----------------
Total Shareholders' Equity                       (1,404,582,708)
                                                ----------------
Total Liabilities and Shareholders' Equity        $6,886,370,219
                                                ================

                    WASHINGTON MUTUAL, INC.
               Unaudited Statement of Operations
              For the period May 1 to May 31, 2010

REVENUES
Interest income:
Cash equivalents                                    $15,117,289
Securities                                            5,215,240
Notes receivable - intercompany                       1,356,412
Other                                                 1,031,416
                                                ----------------
Total Interest Income                                22,720,357

Earnings (losses) from subsidiaries and
other equity investments                           (177,811,890)
Gains (losses) from securities/investments          (10,053,823)
Other income                                          3,790,513
                                                ----------------
Total Revenues                                     (161,354,843)

OPERATING EXPENSES
Compensation and benefits                             8,673,813
Occupancy and equipment                               1,811,835
Professional fees                                    11,923,137
Loss (Income) from BOLI/COLI policies                (7,768,897)
Management fees/transition services                   2,300,014
Insurance                                            16,291,704
Other                                                 2,860,370
                                                ----------------
Total Operating Expenses                             36,091,976

Net profit (loss) before other income
and expenses                                       (197,446,819)

OTHER INCOME AND EXPENSES
Interest expense:
Notes payable - intercompany                                  -
Borrowings                                                    -
                                                ----------------
Total Interest Expense                                        -

Other expense/(income)                              (55,028,000)
                                                ----------------
Net profit (loss) before
reorganization items                               (142,418,819)

REORGANIZATION ITEMS
Professional fees                                    112,392,705
Claims adjustments                                    24,336,509
U.S. Trustee quarterly fees                              143,000
Gains (losses) from sale of assets                             -
Other reorganization expenses                          9,368,244
                                                 ----------------
Total Reorganization Items                           146,240,458

Net profit (loss) before income taxes                (288,659,277)

Income taxes                                                4,050
                                                 ----------------
NET PROFIT (LOSS)                                   ($288,663,327)
                                                 ================

                   WASHINGTON MUTUAL, INC.
   Unaudited Schedule of Cash Receipts and Disbursements
            For the period May 1 to May 31, 2010

Opening Balance 04/30/09                           $3,956,601,529

RECEIPTS
Interest & investment returns                            489,611
Tax refunds                                                    -
Reimbursements/distributions from subs                         -
Sales of assets/securities                                     -
Net Proceeds from BOLI/COLI                               23,209
Other miscellaneous receipts                                 150
                                                 ----------------
Total Receipts                                            512,970

TRANSFERS
Sweep to/(from) Money Market account                           -
Sweep (to)from Wells Managed account                           -
                                                 ----------------
Total Transfers                                                 -

DISBURSEMENTS
Salaries and benefits                                    313,379
Travel and other expenses                                 25,025
Occupancy and supplies                                    77,647
Professional fees                                      5,543,285
Other outside services                                   564,171
Bank fees                                                 18,675
U.S. trustee quarterly fees                               20,000
Directors fees                                            60,000
Taxes paid                                                     -
                                                 ----------------
Total Disbursements                                     6,222,183
                                                 ----------------
Net Cash Flow                                          (6,109,213)
                                                 ----------------
Cash - End of Month                                 3,950,492,316

GL Balance                                          3,950,492,316

Net value -- Short Term Securities                    613,314,466
                                                 ----------------
Total Cash and Cash Equivalents                    $4,563,806,782
                                                 ================

                      WMI INVESTMENT CORP.
                    Unaudited Balance Sheet
                       As of May 31, 2010

ASSETS
Unrestricted cash and cash equivalents              $275,383,449
Restricted cash and cash equivalents                           -
Investment Securities                                          -
Accrued interest receivable                                4,496
Income tax receivable                                 22,187,560
Prepaid expenses                                               -
Cash surrender value of BOLI/COLI                              -
Funded Pension                                                 -
Other investments                                     58,044,407
Investment in subsidiaries                                     -
Notes receivable, intercompany                       565,844,197
Fixed Assets                                                   -
Other assets                                                   -
                                                 ----------------
Total Assets                                         $921,464,110
                                                 ================

LIABILITIES NOT SUBJECT TO COMPROMISE
Accounts payable                                              $0
Accrued wages and benefits                                     -
Other accrued liabilities                                 14,825
Minority interest                                              -
                                                 ----------------
Total Postpetition Liabilities                            14,825

LIABILITIES NOT SUBJECT TO COMPROMISE
Senior debt                                                    -
Subordinated debt                                              -
Junior subordinated debt                                       -
Intercompany payables                                          -
Accounts payable                                               -
Taxes payable                                                  -
Payroll and benefit accruals                                   -
Other accrued liabilities                                      -
Other prepetiion liabilities                                   -
                                                 ----------------
Total Prepetition Liabilities                                  -
                                                 ----------------
Total Liabilities                                         14,825

SHAREHOLDERS' EQUITY
Preferred stock                                                -
Common stock                                       1,000,000,000
Other comprehensive income                            22,187,560
Retained earnings - prepetition                       14,133,260
Retained earnings - postpetition                    (114,871,536)
                                                 ----------------
Total Shareholders' Equity                           921,449,285
                                                 ----------------
Total Liabilities and Shareholders' Equity           $921,464,110
                                                 ================

                      WMI INVESTMENT CORP.
                Unaudited Statement of Operations
              For the period May 1 to May 31, 2010

REVENUES
Interest income:
Cash equivalents                                         $39,013
Securities                                                     -
Notes receivable - intercompany                                -
Other                                                          -
                                                 ----------------
Total Interest Income                                     39,013

Earnings (losses) from subsidiaries and
other equity investments                                 (41,563)
Gains (losses) from securities/investments                     -
Other income                                                   -
                                                 ----------------
Total Revenues                                            (2,550)

OPERATING EXPENSES
Compensation and benefits                                      -
Occupancy and equipment                                        -
Professional fees                                              -
Loss (Income) from BOLI/COLI policies                          -
Management fees/transition services                            -
Insurance                                                      -
Other                                                     14,446
                                                 ----------------
Total Operating Expenses                                  14,446

Net profit (loss) before other income
and expenses                                             (16,996)

OTHER INCOME AND EXPENSES
Interest expense:
Notes payable - intercompany                                   -
Borrowings                                                     -
                                                 ----------------
Total Interest Expense                                         -

Other expense/(income)                                         -
                                                 ----------------
Net profit (loss) before
reorganization items                                     (16,996)

REORGANIZATION ITEMS
Professional fees                                              -
Claims adjustments                                             -
U.S. Trustee quarterly fees                                    -
Gains (losses) from sale of assets                             -
Other reorganization expenses                                  -
                                                 ----------------
Total Reorganization Items                                     -
                                                 ----------------
Net profit (loss) before income taxes                     (16,996)

Income taxes                                                    -
                                                 ----------------
NET PROFIT (LOSS)                                        ($16,996)
                                                 ================

                    WMI INVESTMENT CORP.
   Unaudited Schedule of Cash Receipts and Disbursements
            For the period May 1 to May 31, 2010

Opening Balance 04/30/10                             $583,876,570

RECEIPTS
Interest & investment returns                             92,220
Tax refunds                                                    -
Reimbursements/distributions from subs                         -
Sales of assets/securities                                     -
Net proceeds from BOLI/COLI                                    -
Other miscellaneous receipts                                   -
                                                 ----------------
Total Receipts                                             92,220

TRANSFERS
Sweep to/(from) Money Market account                           -
Sweep (to) from Wells Managed account                   (280,000)
                                                 ----------------
Total Transfers                                          (280,000)

DISBURSEMENTS
Salaries and benefits                                          -
Travel and other expenses                                      -
Occupancy and supplies                                         -
Professional fees                                              -
Other outside services                                         -
Bank fees                                                      -
U.S. trustee quarterly fees                                4,875
Directors fees                                                 -
Taxes paid                                                     -
                                                 ----------------
Total Disbursements                                         4,875
                                                 ----------------
Net Cash Flow                                            (192,655)
                                                 ----------------
Cash - End of Month                                    53,683,915

GL Balance                                             53,683,916

Net value -- Short Term Securities                    221,699,534
                                                 ----------------
Total Cash and Cash Equivalents                      $275,383,449
                                                 ================

John Maciel, WaMu's chief financial officer, disclosed that as of
May 31, 2010, the Debtors paid these firms an aggregate of
approximately $5,543,284 on account of services rendered in
their cases:

Professional                               Fees        Expenses
------------                             ---------     --------
Akin, Gump, Strauss, Hauer & Fled         $842,380      $17,408
Alvarez & Marsal                         1,630,221       85,450
Ashby & Geddes, P.A.                        28,859        3,821
Blackstone Advisory Partners LLP           500,000            -
Davis Wright Tremaine LLP                    5,808           10
FTI Consulting, Inc.                       384,912          969
Grant Thornton                              13,547        1,664
Joele Frank, Wilkinson Brimmer Katcher       8,362        1,946
John W. Wolfe, P.S.                        178,516          346
Kurtzman Carson Consultants LLC             87,127      269,278
McKee Nelson/Bingham McCutchen             203,689       35,429
Pepper Hamilton LLP                         97,234        4,467
Quinn Emanuel Uquhard Oliver & Hedges      581,294       24,003
Richards Layton & Finger P.A.               54,456        6,206
Shearman & Sterling LLP                     44,721           20
Simpson Thacher & Barlett LLP                4,127            -
Towers Watson Pennsylvania Inc.            227,000            -

As of May 31, 2010, WaMu paid a total of $5,724,043 to 30 vendors
for certain postpetition accounts.

According to Mr. Maciel, for the period from May 1 to 31, 2010,
WaMu did not file property tax returns; sales and use tax
returns; and corporate income or franchise taxes.  Payroll taxes
were filed during the Reporting Period.

A full-text copy of WaMu's May 2010 Operating Report is
available for free at:

         http://bankrupt.com/misc/WaMu_MORMay2010.pdf

                    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).


WORLDSPACE INC: Posts $3.4 Million Net Loss in May
--------------------------------------------------
WorldSpace, Inc., et al., posted a consolidated net loss of
$3.4 million on revenue of $105,364 for the month of May 2010.
The Debtors incurred $215,387 in professional fees during the
month.

At May 31, 2009, the Debtors had $119.2 million in total
assets, ($2.171) billion in total liabilities, and $2.052 billion
in net owners' equity.

A full-text copy of the Debtors' May 2010 operating report is
available for free at:

        http://bankrupt.com/misc/worldspace.may2010mor.pdf

                     About WorldSpace Inc.

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

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



                           *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
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Each Tuesday edition of the TCR contains a list of companies with
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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
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                  *** End of Transmission ***