TCR_Public/111013.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

           Thursday, October 13, 2011, Vol. 15, No. 284

                            Headlines

315 UNION: Trustee Employs Rodefer, Moss as Accountants
ABITIBIBOWATER INC: Now 'Resolute Forest' After Bankruptcy
ALLEN FAMILY: Wants Until Feb. 6 to File Liquidating Plan
AMES DEPARTMENT: Wants Solicitation Period Extended to April 30
BEAR VALLEY: Inks Revised Stipulation Providing Turn Over of Cash

BELTWAY ONE: Can Access Cash Collateral on Final Basis
BERNARD L. MADOFF: Judge Rakoff May Rule on Lawsuit vs. AMB Amro
BERNARD L MADOFF: Trustee Blasts Order to Limit Recovering Profits
CAPMARK FINANCIAL: Closes $102.4MM Sale of Portfolio to Hunt Cos
CAVIATA ATTACHED: Disclosure Statement Hearing Set for Nov. 4

COSTA DORADA: Wants Until Oct. 30 to Propose Reorganization Plan
DOLLAR THRIFTY: Has No Acceptable Bids After Avis Backs Out
EVERGREEN SOLAR: Court Selects Hilco to Liquidate Solar Facilities
EVERGREEN SOLAR: Sale Challenged by U.S. Government
FAIRWAY COMMONS: Has Plan Where Receiver to Maintain Control

GARLOCK SEALING: Allowed to Terminate Loan With $100MM in Bank
GELT PROPERTIES: Creditors' Panel Hires Schoff McCabe as Counsel
GELT PROPERTIES: Files Amended Schedules of Assets & Liabilities
HARRISBURG PA: Chapter 9 Case Summary & Creditors List
HARTFORD FINANCIAL: Fitch Affirms 'BB' Rating on Preferred Stock

HORIZON VILLAGE: Can Access Cash Collateral on Final Basis
HOTEL AIRPORT: Employs RS & Associates as External Auditor
HOWREY LLP: Diamond Named as Ch.11 Trustee; Creditors' Atty. Quits
HOWREY LLP: Allan Diamond Named as Chapter 11 Trustee
INNKEEPERS USA: Trial Over Dead $1B Deal Delayed as Talks Continue

INNKEEPERS USA: Solar Finance DIP Facility Matured on Oct. 11
INNKEEPERS USA: Five Mile DIP Facility Matured on Oct. 11
LOS ANGELES DODGERS: Disagrees With Committee at Length on TV Sale
LOS ANGELES DODGERS: Trades Blows With MLB in Fight Over Control
LOS ANGELES DODGERS: Says MLB Should Drop Opposition to Dewey

MADISON 92ND: Asks Court's Permission to Use GE's Cash Collateral
MANHATTAN WEST: Piranha Nightclub Files for Chapter 11
MARCO POLO: Court Authorizes Bracewell & Giuliani as Counsel
MSR RESORT: Reaches Bankruptcy Settlement With MetLife
NEWPAGE CORP: U.S. Trustee Appoints 9-Member Creditors' Panel

NASSAU BROADCASTING: Hearing Set for Oct. 12 on Chapter 11 Move
NATIONAL ENVELOPE: Nov. 8 Hearing on Final Exclusivity Extension
N.L.C. UNITRUST: Files Chapter 11 Plan & Disclosure Statement
OPEN RANGE: Wins Judge OK to Borrow $4M to Fund Ch. 11 Sale
OUTSOURCE HOLDINGS: Plan Subordinates 2009 Noteholders' Claims

PAUL BRENNEKE: Has Until Dec. 6 to Propose Plan of Reorganization
PEARLAND SUNRISE: C-III Assets Wants Plan Confirmation Denied
PENINSULA HOSPITAL: Creditors' Panel Retains Arent Fox as Counsel
PERKINS & MARIE: Seeks Plan Exclusivity Until Jan. 9
PHILADELPHIA ORCHESTRA: Wants to Hire Grant Thornton as Advisor

QUALTEQ INC: Real Property Debtors Can Access Cash Collateral
R.E. LOANS: Court Determines Bankruptcy Cases as Complex Cases
REAL MEX: Court OKs Epiq as Claims, Noticing & Balloting Agent
SBARRO INC: Court Approves Disclosure Statement
SEAHAWK DRILLING: Plan of Reorganization Declared Effective

SHAMROCK-SHAMROCK INC: Friends Bank Has Deal on Adeq. Protection
SHENGDATECH INC: Seeks to Subpoena Chinese Banks Amid Probe
SOLYNDRA LLC: VDL Tries to Halt Asset Sale Over $13MM Deal
SOLYNDRA LLC: Has CRO Replacing CEO B. Harrison
SSI GROUP: Section 341(a) Meeting Scheduled for Oct. 26

SSI GROUP: U.S. Trustee Wants Sale Break-Up Fee Denied
SUMMO INC: U.S. Trustee Unable to Form Committee
SW BOSTON: Has Until Oct. 31 to Use Prudential's Cash Collateral
TAYLOR BEAN: Workers Settle WARN Suit for $15 Million
TEN SAINTS: Can Access Cash Collateral on Final Basis

TETON AIR: Wants U.S. Trustee's Plea for Case Dismissal Denied
TOWER OAKS: CWCAM Granted Relief From Stay to Appoint Receiver
TOWER OAKS: Bregman Berbert to Assess Claims vs. VCB
TRANS NATIONAL: Files for Chapter 11 Bankruptcy Protection
TX BLACKHORSE: Disclosures Approved, Plan Hearing Set for Nov. 1

UNIVERSAL CITY: Fitch Upgrades Issuer Default Rating From 'BB+'
WASHINGTON MUTUAL: Trenton Judge Named to Mediate Plan Compromise

* Survey Shows Some Small-Business Owners Say Recession Lingers
* California Signs Municipal Bankruptcy Bill Into Law

* Geoffrey T. Raicht Joins Proskauer as Partner in New York
* Teresa Kohl Joins SSG as Director of Business Development

* Recent Small-Dollar & Individual Chapter 11 Filings



                            *********



315 UNION: Trustee Employs Rodefer, Moss as Accountants
-------------------------------------------------------
Robert H. Waldschmidt, the Chapter 11 trustee appointed in the
bankruptcy case of 315 Union Street Holdings, LLC, asks permission
from the U.S. Bankruptcy Court for the Middle District of
Tennessee to employ Rodefer, Moss & Co. PLLC as accountant.

The accountant can be reached at:

          Rodefer, Moss & Co. PLLC
          5110 Maryland Way # 350
          Brentwood, TN 37027-7546
          Tel: (615) 370-3663
          E-mail: tvancleve@rodefermoss.com

Upon retention, the firm will, among other things:

   a. inspect, review and analysis of financial documents of the
      debtor (including any related information filed with the
      Court);

   b. prepare spreadsheets, journals, ledgers, etc. pertaining to
      the financial affairs of the debtor; and

   c. provide tax analysis and business consultation services
      related to past and future transactions.

The firm's rates are:

   Personnel                    Rates
   ---------                    -----
   Partners                   $220-$325
   Managers and Supervisors   $125-$150
   Senior Staff                $90-$135
   Junior Staff                $75- $85
   Support staff                $40-$65

According to the Chapter 11 Trustee, Rodefer Moss is a
"disinterested person" within the meaning of 11 U.S.C. Section
101(14).

                   About 315 Union Street Holdings

315 Union Street Holdings, LLC, filed for Chapter 11 bankruptcy
protection (Bankr. M.D. Tenn. Case No. 10-13106) on Dec. 3, 2010.
According to its schedules, the Debtor had $13,162,646 in total
assets and $25,484,852 in total debts as of the Petition Date.
Steven L. Lefkovitz, Esq., of Lefkovitz & Lefkovitz, serves as
bankruptcy counsel to the Debtor.

Affiliate Union Street Plaza Operations, LLC, dba Hotel Indigo
Nashville-Downtown, also based in Mount Juliet, Tenn., filed for
Chapter 11 bankruptcy (Bankr. M.D. Tenn. Case No. 10-13107) on the
same day.  Mr. Lefkovitz serves as counsel to the Debtor.  In its
petition, the Debtor scheduled assets of $1,021,971 and debts of
$17,696,245.

Bankruptcy Judge Keith M. Lundin approved the appointment of
Robert H. Waldschmidt, Esq., at Howell & Fisher, PLLC, as Chapter
11 trustee to oversee the bankruptcy estate of Union Street Plaza,
effective Dec. 16, 2010.  Branch Banking and Trust Company, a
secured creditor, requested for a Chapter 11 trustee, citing that
the appointment will prevent further loss to the estate.


ABITIBIBOWATER INC: Now 'Resolute Forest' After Bankruptcy
----------------------------------------------------------
AbitibiBowater will change the Company name to Resolute Forest
Products as of November 7, 2011.

"We are changing our name to Resolute Forest Products to better
reflect the fundamental characteristics of the Company we are
today, including our determination, strength and resolve to be a
profitable, sustainable organization," stated Richard Garneau,
President and Chief Executive Officer.  "With our competitive cost
structure, diversified revenue base and strong balance sheet, we
are well-positioned for the long term."

The Company identity change follows an initiative, launched in
April 2011, in which employees were invited to suggest a new name
for the Company.  An internal selection committee and the
Executive Team chose Resolute Forest Products from among
approximately 1,400 employee submissions.

"This identity change serves as an opportunity to reposition the
Company and to redefine ourselves with customers, shareholders and
the communities in which we live and work," continued Garneau.

On Nov. 7, 2011, the Company will begin using Resolute Forest
Products and related visual identity on its marketing materials,
website, signage and other communications.  When communicating in
French, the Company will use the name Produits forestiers Resolu.
Prior to the November launch, the Company will continue to be
referred to as AbitibiBowater.

While the Company will be doing business as Resolute Forest
Products as of Nov. 7, AbitibiBowater Inc. and its subsidiaries
will not change their legal entity names until the Company obtains
shareholder approval as required by law.  The Company will seek
formal shareholder approval at its 2012 Annual General Meeting.

For customers, suppliers and other stakeholders with whom the
Company interacts, little will change beyond how the Company will
refer to itself and its products.  The Company will operate
"business as usual" with respect to invoicing, payments,
contracts, Company stocks and stock market listings.
AbitibiBowater will work to ensure the transition to the new
identity is as smooth and seamless as possible for all its
stakeholders.

The Resolute Forest Products logo calls to mind the forest in
which the Company works, the paper and lumber products it
manufactures, and the modern and dynamic nature of the
organization.  Paper products are reflected in the half-circle of
the "R", symbolizing a paper roll, as well as in the folds within
the logo.  The rectangular and triangular shapes, in the legs of
the "R", represent wood products and forestry.  Through the use of
green as a primary color, the design also depicts the Company's
determination to be a profitable business, committed to
sustainability.

AbitibiBowater and other member companies of the Forest Products
Association of Canada, as well as a number of environmental
organizations, are partners in the Canadian Boreal Forest
Agreement.  The group works to identify solutions to conservation
issues that meet the goal of balancing the three pillars of
sustainability linked to human activities: economic, social and
environmental.

                     About AbitibiBowater Inc.

AbitibiBowater Inc. -- http://www.abitibibowater.com/-- owns or
operates 18 pulp and paper mills and 24 wood products facilities
located in the United States, Canada and South Korea.  Marketing
its products in more than 70 countries, AbitibiBowater is also
among the largest recyclers of old newspapers and magazines in
North America, and has third-party certified 100% of its managed
woodlands to sustainable forest management standards.
AbitibiBowater's shares trade under the stock symbol ABH on both
the New York Stock Exchange and the Toronto Stock Exchange.

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).  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, served as the
Debtors' U.S. bankruptcy counsel.  Stikeman Elliot LLP, acted as
the Debtors' CCAA counsel.  Young, Conaway, Stargatt & Taylor, in
Wilmington, Delaware, served as the Debtors' co-counsel, while
Troutman Sanders LLP in New York, served as the Debtors' conflicts
counsel in the Chapter 11 proceedings.  The Debtors' financial
advisors were Advisory Services LP, and their noticing and claims
agent was Epiq Bankruptcy Solutions LLC.  The CCAA Monitor's
counsel was Thornton, Grout & Finnigan LLP, in Toronto, Ontario.

Luc A. Despins, Esq., at Paul, Hastings, Janofsky & Walker LLP, in
New York, served as counsel to the Official Committee of Unsecured
Creditors.  Jamie L. Edmonson, Esq., GianClaudio Finizio, Esq.,
and Daniel A. O'Brien, Esq., at Bayard, P.A., in Wilmington,
Delaware, served as local counsel to the Creditors Committee.

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).  Pauline K. Morgan,
Esq., and Sean T. Greecher, Esq., at Young, Conaway, Stargatt &
Taylor, in Wilmington, represented the Chapter 15 Debtors.

U.S. Bankruptcy Judge Kevin Carey handled the Chapter 11 cases of
AbitibiBowater Inc. and its U.S. affiliates and the Chapter 15
case of ACI, et al.

The U.S. Bankruptcy Court issued an opinion confirming
AbitibiBowater's chapter 11 plan of reorganization on Nov. 22,
2010.  The Debtors also obtained approval of their reorganization
plan under the Canadian Companies' Creditors Arrangement Act.
AbitibiBowater emerged from bankruptcy on Dec. 9, 2010.


ALLEN FAMILY: Wants Until Feb. 6 to File Liquidating Plan
---------------------------------------------------------
Allen Family Foods Inc. and its affiliates ask the U.S. Bankruptcy
Court for the District of Delaware to extend the period during
which they have the exclusive right to file a chapter 11 plan by
120 days, through and including Feb. 6, 2012; and extending the
period during which the Debtors have the exclusive right to
solicit acceptances through and including April 4, 2012.

Sean T. Greecher, Esq., at Young, Conaway, Stargatt & Taylor, in
Wilmington, Delaware, says an extension is warranted, noting that
the sale of the Debtors' assets has just recently closed.  He
states that now that the closing has occurred, the Debtors have
turned their attention to analyzing the claims that are being
filed against the estates and will, in consultation with the
Committee, determine the most efficient means for bringing these
cases to a conclusion.

                    About Allen Family Foods

Allen Family Foods Inc. is a 92-year-old Seaford, Del., poultry
company.  Allen Family Foods and two affiliates, Allen's Hatchery
Inc. and JCR Enterprises Inc., filed for Chapter 11 bankruptcy
protection (Bankr. D. Del. Case No. 11-11764) on June 9, 2011.
Allen estimated assets and liabilities between $50 million and
$100 million in its petition.

Robert S. Brady, Esq., and Sean T. Greecher, Esq., at Young,
Conaway, Stargatt & Taylor, in Wilmington, Delaware, serve as
counsel to the Debtors.  FTI Consulting is the financial advisor.
BMO Capital Markets is the Debtors' investment banker.  Epiq
Bankruptcy Solutions LLC is the claims and notice agent.

Roberta DeAngelis, U.S. Trustee for Region 3, appointed seven
creditors to serve on an Official Committee of Unsecured Creditors
in the Debtors' cases.  Lowenstein Sandler PC and Womble Carlyle
Sandridge & Rice, PLLC, serve as counsel for the committee.  J.H.
Cohn LLP serves as the Committee's financial advisor.

The TCR reported on July 29, 2011, the Debtor won the bankruptcy
judge's approval to sell its assets to a U.S. affiliate of Korean
poultry producer Harim Co. Ltd.  The sale was approved despite
creditors' questions about the administrative solvency of the
case.  The purchase price was $48 million.


AMES DEPARTMENT: Wants Solicitation Period Extended to April 30
---------------------------------------------------------------
BankruptcyData.com reports that Ames Department Stores and its
affiliates filed with the U.S. Bankruptcy Court a motion to extend
the exclusive period during which the Debtors can solicit
acceptances for their Chapter 11 plan through and including
April 30, 2012.

BData relates that the Company explained, "While the Debtors
believe the Plan (as the same may be amended) ultimately will be
confirmed by this Court, they have refrained from soliciting votes
pending a determination as to the solvency of the Debtors' estates
and recoveries under the Plan."

The Court scheduled an Oct. 24, 2011 hearing to consider the
motion.

                      About Ames Department Stores

Rocky Hill, Connecticut-based Ames Department Stores was founded
in 1958.  At its peak, Ames operated 700 stores in 20 states,
including the Northeast, Upper South, Midwest and the District of
Columbia.  In April 1990, Ames filed for bankruptcy protection
under Chapter 11 of the U.S. Bankruptcy Code.  In Ames I, the
retailer closed 370 stores and emerged from chapter 11 on Dec. 30,
1992.

Ames filed a second bankruptcy petition under Chapter 11 (Bankr.
S.D.N.Y. Case No. 01-42217) on Aug. 20, 2001.  Togut, Segal
& Segal LLP; Weil, Gotshal & Manges; Storch Amini Munves PC;
Cadwalader, Wickersham & Taft LLP; and Dewey & LeBoeuf LLP
represent the Debtors.  When the Company filed for protection
from their creditors, they reported $1,901,573,000 in assets
and $1,558,410,000 in liabilities.  The Company closed all of
its 327 department stores in 2002.

Ames and its affiliates filed a consolidated Chapter 11 Plan, and
a related Disclosure Statement explaining the Plan with the Court
on Dec. 6, 2004.  A full-text copy of Ames' Chapter 11 Plan
is available at no charge at:

       http://bankrupt.com/misc/ames_chapter_11_plan.pdf

and a full-text copy of Ames' Disclosure Statement is available
at no charge at:

    http://bankrupt.com/misc/ames'_disclosure_statement.pdf

As reported by the Troubled Company Reporter on March 16, a
hearing to determine the adequacy of the Disclosure Statement
explaining Ames' Plan has not yet been scheduled.


BEAR VALLEY: Inks Revised Stipulation Providing Turn Over of Cash
-----------------------------------------------------------------
Secured creditor Armed Forces Bank, N.A., successor by merger to
Bank Midwest, N.A., and Bear Valley Limited Partnership have
entered into a revised stipulation providing Lender with limited
relief from stay in order for Lender to collect its cash
collateral.

The Lender is the holder of a construction promissory note dated
May 19, 2008, in the original principal amount of $17,927,206,
made by the Debtor and secured by real property in the City of
Victorville, County of San Bernardino, California, and the rents,
profits, and proceeds from the property which constitutes cash
collateral.

Ronen Armony, who claims that he is general partner and majority
owner of the Debtor, has refused to enter into stipulation for the
turn over of the cash collateral, according to the Debtor.

Lender is informed and believes that since May 2011, at least two
tenants, VS Direct, Inc., and Chipotle Mexican Grill, have been
paying their rent into escrow accounts.  There is at least one
other tenant at the property, Acrobats, LLC.

As per stipulation, to the extent that the Court believes that it
has jurisdiction over the cash collateral and the automatic stay
does apply, Lender and the Debtor agree:

  -- Until further of the Court, Lender will have limited relief
     from the automatic stay of 11 U.S.C. Section 362(a) in order
     to collect all past current and future rents from the
     property and all other cash collateral directly from the
     tenants or their escrow holders, pursuant to the procedures
     set forth in California Civil Code Section 2938, and to apply
     all amounts to the underlying indebtedness under the loan
     documents pursuant to the terms thereof.  The Lender will
     provide to the Debtor and to Ronen Armony an accounting ]
     of all cash collateral received and applied on a monthly
     basis.

  -- The Lender will agree to put into an escrow account funds
     necessary to cover common area maintenance charges ("CAM")
     for the property.  The CAM funds will only be disbursed
     pursuant to Court order.

  -- Relief from stay will be effective immediately upon the entry
     of the Court's order approving this stipulation, and the
     parties agree to waive the 14 day stay of Rule 4001(a)(3) of
     the Federal Rules of Bankruptcy Procedure ("FRBP").

  -- The Court will retain jurisdiction over the enforcement,
     interpretation and applicability of the stipulation and any
     order approving the stipulation, until the case is dismissed
     or closed.

As reported in the TCR on Aug. 31, 2011, the Debtor related that
the rents are being escrowed by tenants Vitamin Shoppe and
Chipotle because of a dispute over the management of the two
commercial buildings in Victorville, California, by the Debtor and
one of the alleged members of the Debtor.  The Debtor says that
Acrobats is paying Ronen Armony, the alleged member, and he is not
using the funds to maintain the property.

Mr. Armony filed an objection to the stipulation previously
submitted to the Court on Sept. 28, 2011, asserting that the rents
are not property of the bankruptcy estate.  Mr. Armony claims that
he owns the property that is producing the rents that the Bank
seeks as cash collateral.  Mr. Armony further alleges that the
Bank's interest in the property is adequately protected, because
the equity in the property to which the Bank's lien attaches far
exceeds the $2.6 million outstanding on the loan.  Mr. Armony, in
his opposition to the stipulation, argued that the Court must
order the stay in effect pending conclusion of the final hearing
on the issues of property and entity ownership and control, which
is currently set for Oct. 21, 2011.

                     About Bear Valley Family

Based in Costa Mesa, California, Bear Valley Family Limited
Partnership filed for Chapter 11 bankruptcy (Bankr. C.D. Calif.
Case No. 11-17893) on June 2, 2011.  Christopher P. Walker, Esq.,
at the Law Office of Christopher P. Walker, P.C., in Anaheim
Hills, Calif., serves as the Debtor's general bankruptcy counsel.
Judge Robert N. Kwan presides over the case.  The Debtor scheduled
assets of $14,006,000 and liabilities of $7,353,409.

H. Mark Mersel, Esq., and Sheri Kanesaka, Esq., at Bryan Cave LLP,
in Irvine, Calif., represent secured creditor Armed Forces Bank,
N.A., successor by merger to Bank Midwest, N.A.

Brent H. Blakely, Esq., and Courtney Stuart Alban, Esq., at
Blakely Law Group, in Hollywood, Calif., represent Ronen Armony as
counsel.  Ronen Armony claims to be the real party-in-interest in
the Debtor's case.


BELTWAY ONE: Can Access Cash Collateral on Final Basis
------------------------------------------------------
The U.S. Bankruptcy Court for the District of Nevada has entered a
final cash collateral order authorizing Beltway One Development
Group, LLC, to use cash collateral and disputed cash collateral on
a final basis, as provided for in the stipulation with Wells Fargo
Bank, N.A., and the budget attached thereto.

The motion is granted on final basis solely with regard to BB&T
Corp. and the Debtor is authorized and approved to utilize all
funds constituting BB&T Corp.'s cash collateral, on a final basis
as necessary to satisfy on-going post-petition obligations as
provided for in the budget.

Wells Fargo is granted a Replacement Lien in all of Debtor's now-
owned or after-acquired real and personal property of all types,
including, debtor-in-possession bank accounts, and all
replacements, supporting obligations, offspring, products, and
proceeds of the existing collateral and the replacement collateral
to the same extent and priority as Lender's pre-petition security
interest and liens.

As reported in the TCR on Sept. 21, 2011, Beltway One asked the
Bankruptcy Court to approve a stipulation entered with Wells
Fargo, authorizing the use of cash collateral.

Wells Fargo is successor by merger to Wachovia Bank, N.A.

As of the Petition Date, the Debtor's obligation outstanding under
the note was $9,807,506 on account of principal and contract
interest.

The lender consented to the Debtor's use of cash collateral and
disputed cash collateral on these terms and conditions:

   -- the cash collateral use will terminate to a date that is the
   first to occur of: (i) five calendar days after notice to the
   Debtor that an Event of Default has occurred and is otherwise
   continuing or otherwise unresolved for which notice is required
   to be given; (ii) an Event of Default has occurred for which no
   notice is required to be given; or (iii) the effective date of
   a confirmed plan of reorganization;

   -- the stipulation will be effective upon entry of an order of
   the Bankruptcy Court approving the stipulation;

   -- as adequate protection of lender's interests in the cash
   collateral, and Debtor's use of the cash collateral, the Debtor
   will pay $30,000 per month to the lender; and

   -- the Debtor will grant the lender replacement lien in all of
   Debtor's now-owned or after-acquired real and personal property
   of all types, subject to carve out on certain expenses.

A copy of the stipulation is available for free at:

      http://bankrupt.com/misc/beltway.stipulation.doc63.pdf

               About Horizon Village Square et al.

Four related Las Vegas, Nevada-based entities sought Chapter 11
bankruptcy protection on July 13, 2011.  The businesses are owned
or managed by local business people and firms, including Todd
Nigro, Nigro Development LLC, a Nigro family trust and other
investors.

Horizon Village Square LLC (Bankr. D. Nev. Case No. 11-21034) owns
the Vons-anchored Horizon Village Square Shopping Center near
I-515 and Horizon Drive in Henderson.  The property includes five
retail buildings with nearly 43,000 square feet of space.

Ten Saints LLC (Bankr. D. Nev. Case No. 11-21028) owns the 134-
room Hampton Inn & Suites at St. Rose Parkway and Seven Hills
Drive in Henderson.

Beltway One Development Group LLC (Bankr. D. Nev. Case No. 11-
21026) owns the Desert Canyon Business Park at Russell Road and
the Las Vegas Beltway. It has two buildings and 15 acres.

Nigro HQ LLC (Bankr. D. Nev. Case No. 11-21014) owns an office
building at 9115 W. Russell Road occupied by Bank of George,
Infinity Plus LLC and Nigro Construction Inc.

Todd Nigro said the four bankruptcies were caused by threatened
foreclosures -- typically related to Wells Fargo Bank demanding
payments to keep loan-to-value ratios at specified levels.

Judge Mike K. Nakagawa presides over the cases.  Lawyers at Gordon
Silver serve as the Debtors' bankruptcy counsel.  The bankruptcy
petitions estimated assets and debts from $1 million to $10
million each for Nigro HQ; and from $10 million to $50 million in
both assets and debts for Horizon Village, Ten Saints and Beltway
One.

A fifth related business, Russell Boulder LLC, filed for
bankruptcy (Bankr. D. Nev. Case No. 10-29724) on Oct. 19, 2010.
It owns the 600-suite Siena Suites extended stay property at
Boulder Highway and Russell Road.

Edward M. Zachary, Esq., at Bryan Cave LLP, in Bryan Cave LLP, in
Phoenix, Ariz., and Robert M. Charles, Jr., Esq., at Lewis and
Roca LLP, in Los Vegas, Nev., represent Wells Fargo Bank, N.A., as
counsel.


BERNARD L. MADOFF: Judge Rakoff May Rule on Lawsuit vs. AMB Amro
----------------------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that U.S. District Judge Red Rakoff will decide whether
the lawsuit by the trustee for Bernard L. Madoff Investment
Securities Inc. against ABN Amro Bank (Ireland) Ltd. belongs in
federal district court rather than bankruptcy court.  On Sept. 29,
ABN Amro filed papers to remove the case from bankruptcy court.
Deciding the lawsuit was related to those he has already taken
under his wing, Judge Rakoff accepted the case and will determine
if it's proper to remove it from the grasp of the bankruptcy
judge.

ABN Amro asked to move the suit from bankruptcy court two days
after Judge Rakoff ruled, in a case involving the owner of the New
York Mets, that the so-called safe harbor in bankruptcy law bars
all lawsuits except claims for money received through actual fraud
within two years of bankruptcy.

The Dutch bank said the suit must be removed because it requires
consideration of non-bankruptcy federal law relating to
limitations on a bankruptcy court's powers. The bank also said
the Securities Investor Protection Act is a non-bankruptcy law
the court must consider in passing on the merits of the lawsuit.

The lawsuit in district court is Picard v. ABN Amro Bank
(Ireland) Ltd. (In re Bernard L. Madoff Investment Securities
LLC), 11-06877, U.S. District Court, Southern District New York
(Manhattan). The lawsuit in bankruptcy court is Picard v. ABN
Amro Bank (Ireland) Ltd. (In re Bernard L. Madoff Investment
Securities LLC), 10-05355, U.S. Bankruptcy Court, Southern
District of New York (Manhattan).

                      About Bernard L. Madoff

Bernard L. Madoff Investment Securities LLC and Bernard L. Madoff
orchestrated the largest Ponzi scheme in history, with losses
topping US$50 billion.  On Dec. 15, 2008, the Honorable Louis A.
Stanton of the U.S. District Court for the Southern District of
New York granted the application of the Securities Investor
Protection Corporation for a decree adjudicating that the
customers of BLMIS are in need of the protection afforded by the
Securities Investor Protection Act of 1970.  The District Court's
Protective Order (i) appointed Irving H. Picard, Esq., as trustee
for the liquidation of BLMIS, (ii) appointed Baker & Hostetler LLP
as his counsel, and (iii) removed the SIPA Liquidation proceeding
to the Bankruptcy Court (Bankr. S.D.N.Y. Adv. Pro. No. 08-01789)
(Lifland, J.).  Mr. Picard has retained AlixPartners LLP as claims
agent.

On April 13, 2009, former BLMIS clients filed an involuntary
Chapter 7 bankruptcy petition against Bernard Madoff (Bankr.
S.D.N.Y. 09-11893).  The case is before Hon. Burton Lifland.  The
petitioning creditors -- Blumenthal & Associates Florida General
Partnership, Martin Rappaport Charitable Remainder Unitrust,
Martin Rappaport, Marc Cherno, and Steven Morganstern -- assert
US$64 million in claims against Mr. Madoff based on the balances
contained in the last statements they got from BLMIS.

On April 14, 2009, Grant Thornton UK LLP as receiver placed Madoff
Securities International Limited in London under bankruptcy
protection pursuant to Chapter 15 of the U.S. Bankruptcy Code
(Bankr. S.D. Fla. 09-16751).

The Chapter 15 case was later transferred to Manhattan.  In June
2009, Judge Lifland approved the consolidation of the Madoff SIPA
proceedings and the bankruptcy case.

Judge Denny Chin of the U.S. District Court for the Southern
District of New York on June 29, 2009, sentenced Mr. Madoff to
150 years of life imprisonment for defrauding investors in United
States v. Madoff, No. 09-CR-213 (S.D.N.Y.)

As of July 15, 2011, a total of US$6.88 billion in claims by
investors has been allowed, with US$794.9 million to be paid by
the Securities Investor Protection Corp.  Investors are expected
to receive additional distributions from money recovered by Mr.
Picard from lawsuits or settlements.


BERNARD L MADOFF: Trustee Blasts Order to Limit Recovering Profits
------------------------------------------------------------------
Liz Hoffman at Bankruptcy Law360 reports that the Bernard L.
Madoff Investment Securities LLC bankruptcy trustee on Friday
blasted a judge's order limiting efforts to reclaim phony profits
from the Ponzi scheme, saying victims would be deprived of
billions of dollars and seeking permission to appeal to the Second
Circuit.

                      About Bernard L. Madoff

Bernard L. Madoff Investment Securities LLC and Bernard L. Madoff
orchestrated the largest Ponzi scheme in history, with losses
topping US$50 billion.  On Dec. 15, 2008, the Honorable Louis A.
Stanton of the U.S. District Court for the Southern District of
New York granted the application of the Securities Investor
Protection Corporation for a decree adjudicating that the
customers of BLMIS are in need of the protection afforded by the
Securities Investor Protection Act of 1970.  The District Court's
Protective Order (i) appointed Irving H. Picard, Esq., as trustee
for the liquidation of BLMIS, (ii) appointed Baker & Hostetler LLP
as his counsel, and (iii) removed the SIPA Liquidation proceeding
to the Bankruptcy Court (Bankr. S.D.N.Y. Adv. Pro. No. 08-01789)
(Lifland, J.).  Mr. Picard has retained AlixPartners LLP as claims
agent.

On April 13, 2009, former BLMIS clients filed an involuntary
Chapter 7 bankruptcy petition against Bernard Madoff (Bankr.
S.D.N.Y. 09-11893).  The case is before Hon. Burton Lifland.  The
petitioning creditors -- Blumenthal & Associates Florida General
Partnership, Martin Rappaport Charitable Remainder Unitrust,
Martin Rappaport, Marc Cherno, and Steven Morganstern -- assert
US$64 million in claims against Mr. Madoff based on the balances
contained in the last statements they got from BLMIS.

On April 14, 2009, Grant Thornton UK LLP as receiver placed Madoff
Securities International Limited in London under bankruptcy
protection pursuant to Chapter 15 of the U.S. Bankruptcy Code
(Bankr. S.D. Fla. 09-16751).

The Chapter 15 case was later transferred to Manhattan.  In June
2009, Judge Lifland approved the consolidation of the Madoff SIPA
proceedings and the bankruptcy case.

Judge Denny Chin of the U.S. District Court for the Southern
District of New York on June 29, 2009, sentenced Mr. Madoff to
150 years of life imprisonment for defrauding investors in United
States v. Madoff, No. 09-CR-213 (S.D.N.Y.)

As of July 15, 2011, a total of US$6.88 billion in claims by
investors has been allowed, with US$794.9 million to be paid by
the Securities Investor Protection Corp.  Investors are expected
to receive additional distributions from money recovered by Mr.
Picard from lawsuits or settlements.


CAPMARK FINANCIAL: Closes $102.4MM Sale of Portfolio to Hunt Cos
----------------------------------------------------------------
Jeff Blumenthal at Philadelphia Business Journal reports that
Capmark Financial Group has closed the sale of its low-income
housing tax credit asset portfolio to Hunt Cos. Inc., a national
real estate services company.

According to the report, El Paso, Texas-based Hunt was the
successful bidder in Capmark?s bankruptcy auction of the assets,
paying $102.4 million.  Under the terms of the purchase agreement
the transaction will be closed in stages, with $63 million of the
total included in the initial closing completed on Oct. 7, 2011.
A break-up fee of about $2.8 million was paid to the stalking
horse bidder in the auction.

Mr. Blumenthal notes Capmark had emerged from Chapter 11 and made
initial payments to creditors.  Unsecured creditors will receive
$900 million in cash, $1.25 billion in secured notes and 100
million shares in Capmark, a former commercial lender that is now
a bank holding company.

                        About Capmark Financial

Based in Horsham, Pennsylvania, Capmark Financial Group Inc. --
http://www.capmark.com/-- provided 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 Oct. 25, 2009, Capmark Financial and certain of its
subsidiaries filed voluntary petitions for relief under Chapter 11
(Bankr. D. Del. Lead Case No. 09-13684).  Capmark disclosed assets
of US$20 billion against total debts of US$21 billion as of
June 30, 2009.

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.

The Official Committee of Unsecured Creditors in Capmark Financial
Group Inc.'s cases tapped Kramer Levin Naftalis & Frankel LLP as
its counsel and JR Myriad LLC as its commercial real estate
business advisors.  The Committee also retained Cutler Pickering
Hale and Dorr LLP as its attorneys for the special purpose of
providing legal services in connection with Federal Deposit
Insurance Corporation matters.

Protech Holdings C LLC, an affiliate of Capmark, filed for
Chapter 11 protection on July 29, 2010 (Bankr. D. Del. Case No.
10-12387).  Protech estimated assets and debts in excess of
$1 billion as of the filing date.

Since filing for Chapter 11, Capmark completed three sales to
generate more than $1 billion in cash.  Berkshire Hathaway Inc.
and Leucadia National Corp. bought most of the business for
$468 million.  In April 2011, Greenline Ventures LLC completed the
acquisition of the New Markets Tax Credit division of Capmark
Financial Group Inc.  Since inception of the NMTC program,
Capmark's NMTC division has closed over $1.1 billion of NMTC
investment funds and financed over $2.5 billion of projects and
businesses in low income communities nationwide.


CAVIATA ATTACHED: Disclosure Statement Hearing Set for Nov. 4
-------------------------------------------------------------
Caviata Attached Homes, LLC, filed with the U.S. Bankruptcy Court
for District of Nevada a Chapter 11 plan of reorganization and a
disclosure statement explaining the Plan.

Hearing on the approval of the Disclosure Statement is scheduled
for Nov. 4, 2011, at 2:00 p.m.

The Plan designates three classes of claims.  Class 1 U.S. Bank
Secured Claim will be equal to the sum of $23 million, less all
principal reduction payments made after confirmation.  The U.S.
Bank Secured Claim will bear interest at the rate of 4.00% per
annum from and after the Effective Date.  Allowed Class 2
Unsecured Claims will receive quarterly distributions of the
Surplus Net Income until the sum of $300,000 has been paid to
Class 2 claimants.  In addition, Allowed Unsecured Claims will
receive a prorate distribution of the Net Sales Proceeds up to the
sum of $300,000 less all quarterly payments made.  The holder of
the Class 3 Member Interest will retain its membership interest in
the Reorganized Debtor but will receive no distribution until
Classes 1 and 2 are paid in full.

The Debtor will continue to operate its 184-unit apartment complex
located at 950 Henry Orr Parkway, in Sparks, Nevada, post-
confirmation, and Pinnacle AMS will continue to manage the
Property.  The Net Income will be used to fund the Plan.

A full-text copy of the Disclosure Statement, dated Sept. 27, is
available for free at http://ResearchArchives.com/t/s?7726

                   About Caviata Attached Homes

Reno, Nevada-based Caviata Attached Homes LLC filed for Chapter 11
bankruptcy (Bankr. D. Nev. Case No. 11-52458) on Aug. 1, 2011.
Judge Bruce T. Beesley presides over the case.  The Law Offices of
Alan R. Smith, Esq., serves as bankruptcy counsel.  According to
its schedules, the Debtor disclosed $22,775,701 in total assets
and $42,322,448 in total debts.  The petition was signed by
William D. Pennington, II, member of Caviata 184, LLC.

There was a prior bankruptcy filing by Caviata Attached Homes
(Bankr. D. Nev. Case No. 09-52786) on Aug. 18, 2009, also
estimating $10 million to $50 million in both assets and debts.
Alan R. Smith, Esq., also represented the 2009 Debtor.


COSTA DORADA: Wants Until Oct. 30 to Propose Reorganization Plan
----------------------------------------------------------------
Costa Dorada Apartments Corp., asks the U.S. Bankruptcy Court for
the District of Puerto Rico to extend until Oct. 30, 2011, its
exclusive period to file a proposed chapter 11 plan of
reorganization.

In its second request for extension, the Debtor explains that it
needs additional time to compile relevant financial information,
specifically, new projections of the operations of the business
and the terms of a debt restructuring of the principal secured
debt; and negotiate with secured creditors to present a consented
plan and file a stipulation between parties.

                About Costa Dorada Apartments Corp.

Costa Dorada Apartments Corp., dba Villas De Costa Dorada, in
Isabela, Puerto Rico, filed for Chapter 11 bankruptcy (Bankr. D.
P.R. Case No. 11-03960) on May 10, 2011.  The Debtor disclosed
$10.7 million in assets and $8.6 million in liabilities as of the
Chapter 11 filing.  The petition was signed by Carlos R. Fernandez
Rodriguez, its president.

Wigberto Lugo Mender, Esq., at Lugo Mender & Co., in Guaynabo,
Puerto Rico, represents the Debtor as counsel.


DOLLAR THRIFTY: Has No Acceptable Bids After Avis Backs Out
-----------------------------------------------------------
Dollar Thrifty Automotive Group, Inc. has formally concluded its
process to solicit definitive proposals regarding a potential
business combination.  On Aug. 21, 2011, Dollar Thrifty issued a
letter advising parties of the Company's intention to solicit for
submission in early October 2011 best and final definitive
proposals regarding a potential business combination.  In its
letter, Dollar Thrifty stated that any proposal that did not
eliminate the antitrust regulatory risk of the transaction for its
shareholders would not likely be acceptable.  As of Oct. 10, 2011,
the Company had not received any proposals meeting this criterion.
Consequently, Dollar Thrifty has terminated its solicitation
process and will continue to execute its current stand-alone plan.

Scott L. Thompson, President and Chief Executive Officer, said,
"The purpose of setting a deadline for submission of bids was to
bring clarity to the next steps for the Company.  As we said all
along, continuing uncertainty is in no one's interest.  While
Hertz's May 2011 exchange offer remains outstanding and on
Oct. 7, 2011 Hertz's CEO called me personally to reaffirm their
commitment to pursuing the acquisition of Dollar Thrifty, the fact
remains that they have not made a proposal that addresses our
Board's requirements.  Having received no acceptable offer after
conducting an unprecedentedly open process with clearly
articulated requirements, it is time for us to move forward on a
stand-alone basis."

                  Share Repurchase Plan Affirmed

Dollar Thrifty also confirmed that it plans to commence its
previously announced share repurchase program after its third
quarter earnings call on Nov. 1, 2011.  Under the terms of the
share repurchase program, the Company's Board of Directors has
authorized the repurchase of up to $400 million of DTG stock.  The
Company stated that it expects to complete share repurchases of up
to $100 million per quarter over the course of the next four
quarters, and anticipates that purchases will be executed through
accelerated stock buyback programs each quarter.  The Company may
also repurchase shares in privately negotiated transactions,
pursuant to derivative instruments or other types of transactions
and arrangements. The share repurchase program may be increased,
suspended or discontinued at any time.

                    Earnings Outlook Reiterated

The Company also reiterated its preliminary expectations for
earnings results for the third quarter of 2011.  The Company
expects rental revenue to increase by approximately 2 percent as
compared to the third quarter of 2010.  Corporate Adjusted EBITDA,
excluding merger-related expenses, is expected to range from $110
to $120 million for the quarter, as compared to $93.7 million for
the third quarter of 2010.  The Company noted that it expects
gains from sales of risk vehicles to be approximately $18 million
in the third quarter of 2011, compared to approximately $10
million of gains in the third quarter of 2010.

The Company noted that its previously announced guidance for the
full year of 2011 for rental revenues and fleet costs, as well as
its targeted range for Corporate Adjusted EBITDA, excluding merger
related expenses, of $270 to $290 million, remain unchanged.

Mr. Thompson continued, "It is also important to emphasize that
Dollar Thrifty is well positioned for these uncertain times, as
rental car customers become even more value-focused.  Our long
established value brands combined with our low operating cost and
solid balance sheet are serving us well.  We are on track for
another record year."

Dollar Thrifty to Announce Third Quarter 2011 Financial Results

The Company will announce third quarter 2011 financial results
prior to market open on Tuesday, Nov. 1, 2011.

A conference call to review the Company's third quarter 2011
results will be held at 8:00 a.m. CT on Tuesday, Nov. 1, 2011.
Scott Thompson, President and Chief Executive Officer, will lead
the call.  Also participating will be Cliff Buster, Chief
Financial Officer.  A live audio webcast of the call will be
available on the Company's Web site http://www.dtag.com/

J.P. Morgan Securities LLC and Goldman Sachs & Co. are acting as
financial advisors to Dollar Thrifty and Cleary Gottlieb Steen &
Hamilton LLP is acting as Dollar Thrifty's legal counsel.  The
Board will review and consider any changes to the Hertz offer or
any other proposals that may be made by Hertz or others, in
accordance with its fiduciary duties.

                     About Dollar Thrifty

Dollar Thrifty Automotive Group, Inc., is headquartered in Tulsa,
Oklahoma.  The Company's brands, Dollar Rent A Car and Thrifty Car
Rental, serve travelers in over 70 countries.  Dollar and Thrifty
have over 600 corporate and franchised locations in the United
States and Canada, operating in virtually all of the top U.S. and
Canadian airport markets.  The Company's approximately 6,400
employees are located mainly in North America, but global service
capabilities exist through an expanding international franchise
network.

In April 2010 Hertz Global Holdings Inc. made its initial bid to
acquire DTAG. On Sept. 30, 2010, DTAG's shareholders rejected this
bid in favor of a higher bid made by competitor AvisBudget Group
Inc. (Avis Budget).  On May 9, 2011, Hertz returned with a new
bid.  Following Hertz's new bid, on June 14, 2011, Avis Budget
announced it had reached agreement to acquire U.K.-based car
renter Avis Europe PLC.  On Sept. 14, 2011, Avis Budget withdrew
its bid for DTAG.


                          *     *     *

Dollar Thrifty carries a 'B' corporate credit rating, with
positive outlook from Standard & Poor's.


EVERGREEN SOLAR: Court Selects Hilco to Liquidate Solar Facilities
------------------------------------------------------------------
The Associated Press reports that Hilco Industrial had been
appointed by the U.S. Bankruptcy Court to take bids on the
Evergreen Solar facilities in Devens, Massachusetts, and Midland,
Michigan, including all related assets housed in the plants.

According to the report, the solar energy company closed the
Devens plant in January and moved manufacturing operations to
China.  It had previously received more than $20 million in grants
and $11 million in tax and lease initiatives from Massachusetts.

The report notes Hilco said bids on the plants were due by
Oct. 26, 2011, with the final auction scheduled for Nov. 1, 2011.

                       About Evergreen Solar

Evergreen Solar, Inc. -- http://www.evergreensolar.com/--
develops, manufactures and markets String Ribbon solar power
products using its proprietary, low-cost silicon wafer technology.
The Company's patented wafer manufacturing technology uses
significantly less polysilicon than conventional processes.
Evergreen Solar's products provide reliable and environmentally
clean electric power for residential and commercial applications
globally.

The Marlboro, Mass.-based Company filed for Chapter 11 bankruptcy
(Bankr. D. Del. Case No. 11-12590) on Aug. 15, 2011, before Judge
Mary F. Walrath.  The Company's balance sheet at April 2, 2011,
showed $373,972,000 in assets, $455,506,000 in total liabilities,
and a stockholders' deficit of $81,534,000.

Ronald J. Silverman, Esq., and Scott K. Seamon, Esq., at Bingham
McCutchen LLP, serve as general bankruptcy counsel to the Debtor.
Laura Davis Jones, Esq., and Timothy P. Cairns, Esq., at Pachulski
Stang Ziehl & Jones LLP, serve as co-counsel.  Hilco Industrial
LLC serves as exclusive marketing and sales agent.  Klehr Harrison
Harvey Branzburg serves as special conflicts counsel.  Zolfo
Cooper LLC is the financial advisor.  UBS Securities, LLC, serves
as investment banker.  Epiq Bankruptcy Solutions has been tapped
as claims agent.

In conjunction with the Chapter 11 filing, the Company entered
into a restructuring support agreement with certain holders of
more than 70% of the outstanding principal amount of the Company's
13% convertible senior secured notes.  As part of the bankruptcy
process the Company will undertake a marketing process and will
permit all parties to bid on its assets, as a whole or in groups
pursuant to 11 U.S.C. Sec. 363.  An entity formed by the
supporting noteholders, ES Purchaser, LLC, entered into an asset
purchase agreement with the Company to serve as a "stalking-horse"
and provide a "credit-bid" pursuant to the Bankruptcy Code for
assets being sold.

The supporting noteholders are represented by Michael S. Stainer,
Esq., and Natalie E. Levine, Esq., at Akin Gump Strauss Hauer &
Feld LLP, in New York.

An official committee of unsecured creditors has retained Pepper
Hamilton and Kramer Levin Naftalis & Frankel as counsel.  The
Committee tapped Garden City Group as communications services
agent.

Evergreen Solar is at least the fourth solar company to seek court
protection from creditors since August 2011.  Other solar firms
are start-up Spectrawatt Inc., which also filed in August,
Solyndra Inc., which filed early in September, and Stirling Energy
Systems Inc., which filed for Chapter 7 bankruptcy late in
September.


EVERGREEN SOLAR: Sale Challenged by U.S. Government
---------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that Evergreen Solar Inc.'s reorganization could become a
test for whether companies in Chapter 11 can freely sell
technology developed with U.S. government subsidies.  This week
the U.S. Energy Department filed papers with the bankruptcy court
in Delaware claiming Evergreen didn't abide by the Bayh-Dole Act,
thus giving the government an ownership interest in some of the
company's technology.

According to the report, the filing, to be the subject of a Nov. 4
hearing, said the act requires recipients of federal funding to
disclose inventions to the Energy Department within two years.
The department said it provided Evergreen with $3 million.
Because the company never notified the department, the act allows
the government to demand title to the technology, according to the
filing.

The report relates that, anticipating arguments Evergreen can
make, the department said giving the required notice now that the
government claims an ownership interest isn't a violation of the
automatic bankruptcy stay because the U.S. interest in the
technology already exists.  The government also said the
government would be acting in furtherance of its police and
regulatory powers, which aren't halted by the automatic stay.  The
Energy Department's request will be up for hearing at the same
time Evergreen will be seeking bankruptcy court approval for a
sale of the assets.  Bids are due Oct. 26, followed by an auction
on Nov. 1.

                       About Evergreen Solar

Evergreen Solar, Inc. -- http://www.evergreensolar.com/--
develops, manufactures and markets String Ribbon solar power
products using its proprietary, low-cost silicon wafer technology.
The Company's patented wafer manufacturing technology uses
significantly less polysilicon than conventional processes.
Evergreen Solar's products provide reliable and environmentally
clean electric power for residential and commercial applications
globally.

The Marlboro, Mass.-based Company filed for Chapter 11 bankruptcy
(Bankr. D. Del. Case No. 11-12590) on Aug. 15, 2011, before Judge
Mary F. Walrath.  The Company's balance sheet at April 2, 2011,
showed $373,972,000 in assets, $455,506,000 in total liabilities,
and a stockholders' deficit of $81,534,000.

Ronald J. Silverman, Esq., and Scott K. Seamon, Esq., at Bingham
McCutchen LLP, serve as general bankruptcy counsel to the Debtor.
Laura Davis Jones, Esq., and Timothy P. Cairns, Esq., at Pachulski
Stang Ziehl & Jones LLP, serve as co-counsel.  Hilco Industrial
LLC serves as exclusive marketing and sales agent.  Klehr Harrison
Harvey Branzburg serves as special conflicts counsel.  Zolfo
Cooper LLC is the financial advisor.  UBS Securities, LLC, serves
as investment banker.  Epiq Bankruptcy Solutions has been tapped
as claims agent.

In conjunction with the Chapter 11 filing, the Company entered
into a restructuring support agreement with certain holders of
more than 70% of the outstanding principal amount of the Company's
13% convertible senior secured notes.  As part of the bankruptcy
process the Company will undertake a marketing process and will
permit all parties to bid on its assets, as a whole or in groups
pursuant to 11 U.S.C. Sec. 363.  An entity formed by the
supporting noteholders, ES Purchaser, LLC, entered into an asset
purchase agreement with the Company to serve as a "stalking-horse"
and provide a "credit-bid" pursuant to the Bankruptcy Code for
assets being sold.

The supporting noteholders are represented by Michael S. Stainer,
Esq., and Natalie E. Levine, Esq., at Akin Gump Strauss Hauer &
Feld LLP, in New York.

An official committee of unsecured creditors has retained Pepper
Hamilton and Kramer Levin Naftalis & Frankel as counsel.  The
Committee tapped Garden City Group as communications services
agent.

Evergreen Solar is at least the fourth solar company to seek court
protection from creditors since August 2011.  Other solar firms
are start-up Spectrawatt Inc., which also filed in August,
Solyndra Inc., which filed early in September, and Stirling Energy
Systems Inc., which filed for Chapter 7 bankruptcy late in
September.


FAIRWAY COMMONS: Has Plan Where Receiver to Maintain Control
------------------------------------------------------------
Fairway Commons II, LLC, Eureka Ridge, LLC, and Stoneview, LLC,
filed with the U.S. Bankruptcy Court for the Eastern District of
California a Chapter 11 plan of reorganization and an accompanying
disclosure statement.

The Plan proposes that the Receiver continues to operate its
commercial buildings and pay the creditors.  The Plan provides for
two classes of secured claims, two classes of unsecured claims,
and one class of equity security holders.  The Plan also provides
for the payment of administrative claims in full on the effective
date.

Class 1 consists of the secured claim of J.E. Robert Company,
Inc., in its capacity as special services for Wells Fargo, as
lender.  The Class 1 Secured Claim is impaired.  J.E. Robert
Company will be paid the adequate protection payments of $106,163
per month.  The adequate protection payments are to increase as
the value of the property increase with stabilization.  The
majority equity partner has the option to pay off the note for
$24,570,000, while the asset is not stabilized.  The undersecured
portion of the loan will be extinguished.

Class 2 consists of the secured claim of Rubicon Mezzanine Loan
Fund 1, LLC, and Mechanic's Bank.  The Class 2 Secured Claim is
impaired.  Within 90 days of the confirmation of the Plan, Rubicon
will receive $200,000 and write off the balance of the money owed.
Upon confirmation of the Plan, Mechanic's Bank's claim will be
dismissed.

Class 3 consists of non-insider general unsecured claims allowed
under Section 502 of the Bankruptcy Code.  The Debtors estimate
the total amount of unsecured claims to be $26,700.  All Class 3
claims are impaired.  Holders of Class 3 claims will be paid 50
cents on the dollar of their allowed claim paid 10 days following
the effective date.

Class 4 consists of insider general unsecured claims allowed under
Section 502.  The Debtors estimate the total amount of unsecured
claims is approximately $2,786,927 for unreimbursed tenant
improvement.  Class 4 claims are impaired.  Holders of Class 4
claims will hold their claim due in 10 years and no payment will
be received until J.E. Robert is satisfied and consents to payment
being made.

Class 5 consists of equity interests are impaired under the Plan.
The combined equity interests of all the prepetition equity
holders will be reduced from 100% to 10%.  Upon the payment of $2
million no later than Dec. 2011, the investor will become a new
equity holder and hold the remaining 90% equity.

A full-text copy of the Disclosure Statement, dated Sept. 19, is
available for free at http://ResearchArchives.com/t/s?7727

Kobra EFS, in Roseville, California, filed for Chapter 11
bankruptcy (Bankr. E.D. Calif. Case No. 11-35250) on June 20,
2011.  Affiliates that also sought Chapter 11 protection are
Fairway Commons II, LLC (Case No. 11-35255) and Eureka Ridge, LLC
(Case No. 11-35256).  Judge Christopher M. Klein presides over the
case.  Paul A. Warner, Esq., serves as the Debtors' bankruptcy
counsel.  Kobra EFS and Fairway Commons II separately estimated
$10 million to $50 million in both assets and debts.


GARLOCK SEALING: Allowed to Terminate Loan With $100MM in Bank
--------------------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that Garlock Sealing Technologies LLC, with $100 million
cash in the bank, was authorized by the bankruptcy judge at a
hearing to terminate a $10 million loan from Bank of America NA,
according to court records.  In seeking to terminate the loan,
Garlock explained how it took the loan immediately after the
Chapter 11 filing in June 2010 to assure customers and suppliers
of the company's liquidity.  The company never made any draws on
the loan.

                     About Garlock Sealing

Headquartered in Palmyra, New York, Garlock Sealing Technologies
LLC is a unit of EnPro Industries, Inc. (NYSE: NPO).  For more
than a century, Garlock has been helping customers efficiently
seal the toughest process fluids in the most demanding
applications.

On June 5, 2010, Garlock filed a voluntary Chapter 11 petition
(Bankr. W.D.N.C. Case No. 10-31607) in Charlotte, North Carolina,
to establish a trust to resolve all current and future asbestos
claims against Garlock under Section 524(g) of the U.S. Bankruptcy
Code.  The Debtor estimated $500 million to $1 billion in assets
and up to $500 million in debts as of the Petition Date.
Affiliates The Anchor Packing Company and Garrison Litigation
Management Group Ltd., also filed for bankruptcy.

The filing covers only Garlock operations in Palmyra, New York and
Houston, Texas.  Garlock Rubber Technologies, Garlock Helicoflex,
Pikotek, Technetics, Garlock Europe and Garlock operations in
Canada, Mexico or Australia are not affected by the filing, nor is
EnPro Industries or any other EnPro operating subsidiary.

Albert F. Durham, Esq., at Rayburn Cooper & Durham, P.A.,
represents the Debtor in its Chapter 11 effort.  Garland S.
Cassada, Esq., at Robinson Bradshaw & Hinson, serves as counsel
for asbestos matters.

The Official Committee of Asbestos Personal Injury Claimants in
the Chapter 11 cases is represented by Travis W. Moon, Esq., at
Hamilton Moon Stephens Steele & Martin, PLLC, in Charlotte, NC,
Elihu Inselbuch, Esq., at Caplin & Drysdale, Chartered, in New
York, and Trevor W. Swett III, Esq., Leslie M. Kelleher, Esq., and
Jeanna Rickards Koski, Esq., in Washington, D.C. 20005.

Joseph W. Grier, III, the Court-appointed legal representative for
future asbestos claimants, has retained A. Cotten Wright, Esq., at
Grier Furr & Crisp, PA, and Richard H. Wyron, Esq., and Jonathan
P. Guy, Esq., at Orrick, Herrington & Sutcliffe LLP, as his co-
counsel.

About 124,000 asbestos claims are pending against Garlock in
state and federal courts across the country.  The Company says
majority of pending asbestos actions against it is stale and
dormant -- almost 110,000 or 88% were filed more than four years
ago and more than 44,000 or 35% were filed more than 10 years ago.


GELT PROPERTIES: Creditors' Panel Hires Schoff McCabe as Counsel
----------------------------------------------------------------
The Official Unsecured Creditors' Committee of Gelt Properties LLC
asks permission from the U.S. Bankruptcy Court for the Eastern
District of Pennsylvania to retain Schoff McCabe, P.C. as its
counsel.

Upon retention, the firm will, among other things:

   a) give the Committee legal advice with respect to its duties
      and powers in this case;

   b) assist in its investigation of the acts, conduct, assets,
      liabilities, and financial condition of the Debtors, the
      operation of the Debtors' businesses and the desirability of
      the continuance of such businesses, and any other matter
      relevant to the case or to the formation of a plan or plans
      of reorganization; and

   c) participate with the Debtors and other parties in the
      interest in the formulation of a plan or plans of
      reorganization.

According to the Committee's filing, the he firm received both a
$20,000 retainer for services to be rendered in these cases, as
well as guaranties of any fees, costs, and expenses incurred.

The firm's rates are:

    Personnel                   Rates
    ---------                   -----
    Partners/Shareholders     $350-375/hour
    Associates                $175-225/hour
    Paralegals                 $80-110/hour
    Legal Assistants/ Clerks   $60-80/hour

Paul J. Schoff, Esq. -- pschoff@schoffmccabe.com -- attests that
Schoff McCabe represents no entity with an adverse interest in
connection with the Debtors' cases, and holds no interest adverse
to the estate with respect to the matter on which the firm is
employed.

Meanwhile, the U.S. Trustee for Region 3 continued a meeting of
creditors pursuant to Sec. 341(a) of the Bankruptcy Code.  The
341(a) meeting was to be held Oct. 5, 2011.

                        About Gelt Properties

Based in Huntington Valley, Pennsylvania, Gelt Properties LLC and
affiliate Gelt Financial Corporation borrow money from traditional
lenders and make loans to commercial borrowers.  They also acquire
and manage real estate.  Gelt Properties and Gelt Financial filed
for (Bankr. E.D. Pa. Case Nos. 11-15826 and 11-15826) on July 25,
2011.  Judge Magdeline D. Coleman presides over the cases.  Albert
A. Ciardi, III, Esq., and Thomas Daniel Bielli, Esq., at Ciardi
Ciardi & Astin, P.C., serve as the Debtors' bankruptcy counsel.
The petitions were signed by Uri Shoham, the Debtors' chief
financial officer.

Gelt Properties scheduled $4,727,090 in assets and $4,842,792 in
liabilities.  Gelt Financial scheduled $20,340,725 in assets and
$17,050,558 in liabilities.


GELT PROPERTIES: Files Amended Schedules of Assets & Liabilities
----------------------------------------------------------------
Gelt Properties LLC filed with the Bankruptcy Court for the
Eastern District of Pennsylvania its amended schedules of assets
and liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                $4,352,521
  B. Personal Property              $374,569
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $3,076,732
  E. Creditors Holding
     Unsecured Priority
     Claims                                             $410
  F. Creditors Holding
     Unsecured Non-priority
     Claims                                        $1,765,650
                                 -----------      -----------
        TOTAL                     $4,727,090       $4,842,792

Its affiliate, Gelt Financial Corporation, has filed its schedules
disclosing $20,340,725 in assets and $17,050,558 in liabilities as
of the Chapter 11 filing.

                        About Gelt Properties

Based in Huntington Valley, Pennsylvania, Gelt Properties LLC and
affiliate Gelt Financial Corporation borrow money from traditional
lenders and make loans to commercial borrowers.  They also acquire
and manage real estate.  Gelt Properties and Gelt Financial filed
for (Bankr. E.D. Pa. Case Nos. 11-15826 and 11-15826) on July 25,
2011.  Judge Magdeline D. Coleman presides over the cases.  Albert
A. Ciardi, III, Esq., and Thomas Daniel Bielli, Esq., at Ciardi
Ciardi & Astin, P.C., serve as the Debtors' bankruptcy counsel.
The petitions were signed by Uri Shoham, the Debtors' chief
financial officer.

The Official Unsecured Creditors' Committee appointed in the case
has tapped Schoff McCabe, P.C. as its counsel.


HARRISBURG PA: Chapter 9 Case Summary & Creditors List
------------------------------------------------------
Debtor: City of Harrisburg, PA
        City Council for City of Harrisburg
        101 North Second St.
        Suite 1, Lower Level
        Harrisburg, PA

Bankruptcy Case No.: 11-06938

Chapter 9 Petition Date: October 11, 2011

Court: U.S. Bankruptcy Court
       Middle District of Pennsylvania (Harrisburg)

Debtor's Counsel: Mark D. Schwartz, Esq.
                  David A. Gradwohl, Esq.
                  P.O. Box 330
                  Bryn Mawr, PA 19010-0330
                  Tel: (610) 525-5534
                  E-mail: MarkSchwartz6814@gmail.com

Estimated Assets: $100 million to $500 million

Estimated Debts:  $100 million to $500 million

The petition was signed by Susan Wilson, city council member -
Budget & Finance chair.

Debtor's List of Largest Unsecured Creditors:

        Entity                 Nature of Claim        Claim Amount
        ------                 ---------------        ------------
Ambac (Insurer)                General Obligation     $31,642,634
One State Street Plaza         Bonds Ser D of 1997
New York, NY 10004

Ambac (Insurer)                General Obligation     $39,175,372
One State Street Plaza         Notes Ser F of 1997
New York, NY 10004

Commonwealth of PA             General Obligation         $28,870
PennDOT - Pennsylvania         Notes Ser A of 2003
Infrastructure Bank

Commonwealth of PA             General Obligation         $78,257
PennDOT - Pennsylvania         Notes Ser B of 2003
Infrastructure Bank

Commonwealth of PA             General Obligation         $28,756
PennDOT - Pennsylvania         Notes Ser C of 2003
Infrastructure Bank

Commerce Bank                  Proceeds and debt       $3,216,146
3801 Paxton St                 service
Harrisburg, PA

Commonwealth of PA             General Obligation      $1,778,840
PennDOT - Pennsylvania         Note
Infrastructure Bank
Harrisburg, PA 17105

Suntrust Bank                  Capital Lease           $3,380,871
PO Box 79194
Baltimore, MD 21279

Bank of New York               The Harrisburg         $11,205,000
Corporate Trust & Billing      Authority
Dept.                          Guaranteed RRF
New Wark, NJ 07195             Refunding Bonds

M&T Bank                       Guaranteed Federally   $14,870,000
                               Taxable RRF
                               Subordinated Variable
                               Rate Revenue Notes

TD Bank                        Guaranteed RRF         $22,555,000
                               Subordinated Revenue
                               and Refunding Revenue
                               Bonds Series A of 2003

TD Bank                        Guaranteed Federally   $29,085,000
                               Taxable RRF
                               Subordinated Variable
                               Rate Revenue Notes
                               Series B of 2003

TD Bank                        Guaranteed Federally   $24,285,000
                               Taxable RRF
                               Subordinated Variable
                               Rate Revenue Notes
                               Series C of 2003

TD Bank                        Guaranteed RRF         $96,480,000
                               Revenue Bond Series
                               D-1 and D-2 of 2003

TD Bank                        Guaranteed Federally   $13,110,000
                               Taxable RRF
                               Subordinated Variable
                               Rate Revenue Notes
                               Series E of 2003

TD Bank                        Guaranteed Federally   $12,680,000
                               Taxable RRF
                               Subordinated Variable
                               Rate Revenue Notes
                               Series F of 2003

TD Bank                        Guaranteed RRF         $20,951,574
                               Limited Obligation
                               Notes Series C of 2007

TD Bank                        Guaranteed RRF          $9,033,234
                               Limited Obligation
                               Notes Series D of
                               2007

Covanta Holding Corp.          Advance from Covanta   $23,587,500
445 S St.                       to THA
Morristown, NJ 07960

Covanta Holding Corp.          Guaranteed Parking     $11,800,000
445 S St.                      Revenue bonds Series
Morristown, NJ 07960           K of 2000

Covanta Holding Corp.          Guaranteed Parking     $26,940,000
445 S St.                      Revenue bonds Series
Morristown, NJ 07960           J of 2001

Covanta Holding Corp.          Guaranteed Parking      $3,470,000
445 S St.                      Revenue bonds Series
Morristown, NJ 07960           N of 2003

Covanta Holding Corp.          Guaranteed Parking      $7,865,000
445 S St.                      Revenue bonds Series
Morristown, NJ 07960           O of 2003

Covanta Holding Corp.          Guaranteed Parking     $16,510,000
445 S St.                      Revenue bonds Series
Morristown, NJ 07960           P of 2005

Covanta Holding Corp.          Guaranteed Parking     $16,270,000
445 S St.                      Revenue bonds Series
Morristown, NJ 07960           R of 2007

Covanta Holding Corp.          Guaranteed Parking     $17,980,000
445 S St.                      Revenue bonds Series
Morristown, NJ 07960           T of 2007


HARTFORD FINANCIAL: Fitch Affirms 'BB' Rating on Preferred Stock
----------------------------------------------------------------
Fitch Ratings has affirmed all Issuer Default Ratings (IDRs), debt
and Insurer Financial Strength (IFS) ratings for the Hartford
Financial Services Group, Inc. (HFSG) and its primary life and
property/casualty insurance subsidiaries. The Rating Outlook is
Stable.

Fitch's rationale for the affirmation of HFSG's ratings reflects
the company's reasonable financial leverage, continued favorable
underwriting performance of the property/casualty group, and
sizable levels of holding company cash and financial resources.
The ratings also reflect HFSG's lower level of 2011 investment
related impairments and exposure to credit and investment risks,
particularly in its life asset portfolio where its above-average
exposure to commercial real estate-related investments is
declining.

Hartford Life has execution risk associated with its strategy to
expand certain businesses such as retirement plan assets and to
leverage its distribution and brand name in protection-related
businesses such as life and group benefits business lines.  The
life insurance operation also faces ongoing challenges related to
its large book of in-force variable annuities (VA) with benefit
guarantees in the U.S. and Japan.  Fitch views favorably
Hartford's enhanced level of hedging of its closed block of Japan
VA business with income and death benefit guarantees.

HFSG improved its gross unrealized investment loss position in the
first eight months of 2011 to $2.6 billion at Aug. 31, 2011,
compared with $3.5 billion at Dec. 31, 2010.  This is down
considerably from a gross unrealized loss position of $7.1 billion
at year-end 2009.  The net unrealized investment position was a
gain of $2.1 billion at Aug. 31, 2011, which is improved from net
unrealized losses of $0.6 billion at year-end 2010.

Favorably, HFSG has reduced its investment risk, repositioning its
investment portfolio to securities with more favorable risk
profiles, including high-quality corporate holdings, and reducing
its exposure to real estate related securities, financial
companies and high yields.  Longer term, the company expects to
further reduce its exposure to structured assets in CMBS/CDOs and
asset-backed securities (ABS), increase portfolio credit quality,
and reduce overall portfolio leverage.  Fitch views the risk for
future investment losses to be fully reflected within the current
ratings.

Fitch views favorably the improvement in life insurance
profitability and stability demonstrated in 2010, but believes
that intermediate-term growth in earnings will be challenged by
lower margins and increased hedging costs in its competitive
annuity and life insurance businesses and continued elevated loss
ratios in the group benefits operation.  The ratings for Hartford
Life's operations reflect an adequate U.S. consolidated statutory
capital position.  While capital generation is expected to remain
flat through 2012, Fitch expects consolidated U.S. life insurance
to remain above the company's 325% RBC targets for its life
operations and 125% for its captive operations.

HFSG's capital position improved in the first six months of 2011,
with GAAP shareholders' equity of $21.7 billion at June 30, 2011,
up from $20.3 billion at Dec. 31, 2010.  HFSG's debt plus
preferred equity-to-total capital ratio (including accumulated
other comprehensive income [AOCI]) remains reasonable, at 25.3% at
June 30, 2011 and 26.6% at Dec. 31, 2010.  HFSG's GAAP operating
earnings interest and preferred dividend coverage improved to 5.7
times (x) in 2010 from 1.3x in 2009, and Fitch expects the company
to maintain coverage of at least 5.0x.

HFSG maintains financial flexibility with approximately $2.1
billion in holding company cash, fixed maturities, and short-term
investments at Aug. 31, 2011, which provides flexibility for
funding potential capital requirements in adverse markets.  In
addition, the company has a $1.9 billion revolving credit facility
and a $500 million contingent capital facility.  HFSG also has a
$2 billion commercial paper program, but the company does not
expect to access this market in the near term.

The key rating triggers that could result in an upgrade include
strong and stable operating earnings in line with higher rated
peers and industry averages; Fitch's determination that investment
and VA risk will not cause a material level of volatility relative
to current capital; overall flat-to-favorable loss reserve
development; continued improvement in the quality and liquidity of
the investment portfolio; equity credit-adjusted debt-to-total
capital maintained below 25%; and reduced volatility of insurance
subsidiary capitalization.  Furthermore, to the extent that
favorable trends continue, Fitch would most likely consider a
positive rating action on HFSG's IDR and debt ratings before the
company's IFS ratings to reflect a narrowing of notching between
holding company ratings and insurance company ratings.

The key rating triggers that could result in a downgrade
include significant investment or operating losses, including
those from the VA business line, that affect GAAP shareholders'
equity by 20% or more, or materially affect capital within the
insurance subsidiaries; failure to maintain its disciplined
property/casualty underwriting approach in the competitive market
and soft rate environment; and equity credit-adjusted debt-to-
total capital maintained above 30%.  The ratings of the
property/casualty subsidiaries could also be negatively affected
to the extent they are needed to fund potential capital needs of
the life operations.  The life insurance subsidiary could be
negatively affected by a failure to demonstrate reasonable
stability in its GAAP and statutory financial results and
effective risk mitigation in its hedging program.

Fitch affirms the following ratings with a Stable Outlook:

Hartford Financial Services Group, Inc.

  -- Long-term IDR at 'BBB';
  -- $400 million 5.25% notes due 2011 at 'BBB-';
  -- $320 million 4.625% notes due 2013 at 'BBB-';
  -- $199 million 4.75% notes due 2014 at 'BBB-';
  -- $300 million 4.0% senior notes due 2015 at 'BBB-';
  -- $200 million 7.3% notes due 2015 at 'BBB-';
  -- $300 million 5.5% notes due 2016 at 'BBB-';
  -- $499 million 5.375% notes due 2017 at 'BBB-';
  -- $500 million 6.3% notes due 2018 at 'BBB-';
  -- $499 million 6% notes due 2019 at 'BBB-';
  -- $500 million 5.5% senior notes due 2020 at 'BBB-';
  -- $298 million 5.95% notes due 2036 at 'BBB-';
  -- $300 million 6.625% senior notes due 2040 at 'BBB-';
  -- $323 million 6.1% notes due 2041 at 'BBB-';
  -- $500 million 8.125% junior subordinated debentures due 2068
     at 'BB';
  -- $1.75 billion 10% junior subordinated debentures due 2068 at
     'BB';
  -- $556 million 7.25% mandatory convertible preferred stock,
     series F at 'BB'.
  -- Short-term IDR at 'F2';
  -- Commercial paper at 'F2'.

Hartford Life, Inc.

  -- Long-term IDR at 'BBB';
  -- $149 million 7.65% notes due 2027 at 'BBB-';
  -- $92 million 7.375% notes due 2031 at 'BBB-';
  -- Short-term IDR at 'F2'.

Hartford Life Global Funding

  -- Secured notes program at 'A-'.

Hartford Life Institutional Funding

  -- Secured notes program at 'A-'.

Hartford Life and Accident Insurance Company

  -- IFS at 'A-'.

Hartford Life Insurance Company

  -- IFS at 'A-';
  -- Medium-term note program at 'BBB+'.

Hartford Life and Annuity Insurance Company

  -- IFS at 'A-'.

Members of the Hartford Fire Insurance Intercompany Pool:
Hartford Fire Insurance Company
Nutmeg Insurance Company
Hartford Accident & Indemnity Company
Hartford Casualty Insurance Company
Twin City Fire Insurance Company
Pacific Insurance Company, Limited
Property and Casualty Insurance Company of Hartford
Sentinel Insurance Company, Ltd.
Hartford Insurance Company of Illinois
Hartford Insurance Company of the Midwest
Hartford Underwriters Insurance Company
Hartford Insurance Company of the Southeast
Hartford Lloyd's Insurance Company
Trumbull Insurance Company

  -- IFS at 'A+'.


HORIZON VILLAGE: Can Access Cash Collateral on Final Basis
----------------------------------------------------------
The U.S. Bankruptcy Court for the District of Nevada has entered a
final cash collateral order authorizing Horizon Village Square
LLC, to use cash collateral and disputed collateral on a final
basis, as provided for in the stipulation with Wells Fargo Bank,
N.A., and the budget attached thereto.

Wells Fargo is granted a Replacement Lien in all of Debtor's now-
owned or after-acquired real and personal property of all types,
including, debtor-in-possession bank accounts, and all
replacements, supporting obligations, offspring, products, and
proceeds of the existing collateral and the replacement collateral
to the same extent and priority as Lender's pre-petition security
interest and liens.

As reported in the TCR on Sept. 22, 2011, Horizon Village asked
the Bankruptcy Court to approve a stipulation entered with Wells
Fargo, as successor by merger to Wachovia Bank, N.A., authorizing
it to access the cash collateral and disputed cash collateral.

As of the Petition Date, the Debtor's obligation outstanding under
the note was $11.06 million on account of principal and contract
interest.

The Debtor will use the disputed cash collateral and cash
collateral to finance its operations.

The lender consented to Debtor's use of cash collateral and
disputed cash collateral on the terms and conditions set forth in
the stipulation which provides for, among other things:

   -- the stipulation will be effective upon entry of an order of
   the Bankruptcy Court approving the stipulation;

   -- the Debtor's use of the fund will terminate at a date that
   is the first to occur of: (i) five calendar days following
   notice to Debtor that an Event of Default has occurred and is
   otherwise continuing or otherwise unresolved for which notice
   is required to be given; (ii) an event of default has occurred
   for which no notice is required to be given; or (iii) the
   effective date of a confirmed plan of reorganization;

   -- the Debtor will timely file all monthly operating reports
   and provide copies to the lender and its counsel at the time
   the reports are filed;

   -- as adequate protection of the lender's interests, the Debtor
   will pay the sum of $18,500 per month to the lender;

   -- the Debtor will grant the lender replacement lien in all of
   Debtor's now-owned or after-acquired real and personal
   property; and

   -- all types all cash collateral and disputed cash collateral
   will be subject to a carve out for the payment of all allowed
   and unpaid professional fees and disbursements of the Debtor
   incurred from the Petition Date until the termination date.

A copy of the stipulation is available for free at:

      http://bankrupt.com/misc/horizon.stipulation.doc51.pdf

               About Horizon Village Square et al.

Four related Las Vegas, Nevada-based entities sought Chapter 11
bankruptcy protection on July 13, 2011.  The businesses are owned
or managed by local business people and firms, including Todd
Nigro, Nigro Development LLC, a Nigro family trust and other
investors.

Horizon Village Square LLC (Bankr. D. Nev. Case No. 11-21034) owns
the Vons-anchored Horizon Village Square Shopping Center near
I-515 and Horizon Drive in Henderson.  The property includes five
retail buildings with nearly 43,000 square feet of space.

Ten Saints LLC (Bankr. D. Nev. Case No. 11-21028) owns the 134-
room Hampton Inn & Suites at St. Rose Parkway and Seven Hills
Drive in Henderson.

Beltway One Development Group LLC (Bankr. D. Nev. Case No. 11-
21026) owns the Desert Canyon Business Park at Russell Road and
the Las Vegas Beltway. It has two buildings and 15 acres.

Nigro HQ LLC (Bankr. D. Nev. Case No. 11-21014) owns an office
building at 9115 W. Russell Road occupied by Bank of George,
Infinity Plus LLC and Nigro Construction Inc.

Todd Nigro said the four bankruptcies were caused by threatened
foreclosures -- typically related to Wells Fargo Bank demanding
payments to keep loan-to-value ratios at specified levels.

Judge Mike K. Nakagawa presides over the cases.  Lawyers at Gordon
Silver serve as the Debtors' bankruptcy counsel.  The bankruptcy
petitions estimated assets and debts from $1 million to $10
million each for Nigro HQ; and from $10 million to $50 million in
both assets and debts for Horizon Village, Ten Saints and Beltway
One.

A fifth related business, Russell Boulder LLC, filed for
bankruptcy (Bankr. D. Nev. Case No. 10-29724) on Oct. 19, 2010.
It owns the 600-suite Siena Suites extended stay property at
Boulder Highway and Russell Road.

Edward M. Zachary, Esq., at Bryan Cave LLP, in Bryan Cave LLP, in
Phoenix, Ariz., and Robert M. Charles, Jr., Esq., at Lewis and
Roca LLP, in Los Vegas, Nev., represent Wells Fargo Bank, N.A., as
counsel.


HOTEL AIRPORT: Employs RS & Associates as External Auditor
----------------------------------------------------------
Hotel Airport, Inc., sought and obtained authority to employ:

         RS & ASSOC.-PSC
         30 I Condominio EI Centro II
         500 Munoz Rivera A venue
         San Juan PR 00917
         Tel: (787) 296-0389
         Fax: (787) 296-0390
         E-mail: msantiago@rsa-cpa.com

as external auditors to perform auditing services.

The Debtor will pay based on the Firm's $125 hourly rate for
partners; $110 for director, $90 for managers, and $75 for other
staff members.  The Debtor will also reimburse the Firm's
necessary out-of-pocket expenses.

Francisco A. Fernandez, a partner at the Firm assures the Court
that his firm is a "disinterested person" as the term is defined
in Section 101(14) of the Bankruptcy Code.

                        About Hotel Airport

Hotel Airport Inc., in San Juan, Puerto Rico, filed for Chapter 11
bankruptcy (Bankr. D. P.R. Case No. 11-06620) on Aug. 5, 2011.
Judge Enrique S. Lamoutte Inclan oversees the case.  Edgardo
Munoz, PSC, serves as bankruptcy counsel.  The Debtor disclosed
US$8,547,993 in assets and US$171,169,392 in liabilities as of the
Chapter 11 filing.  The petition was signed by David Tirri, its
president.


HOWREY LLP: Diamond Named as Ch.11 Trustee; Creditors' Atty. Quits
------------------------------------------------------------------
Law.com, citing report from Petra Paternak of the Record, says the
Department of Justice has selected Allan Diamond, the Houston-
based managing partner of litigation boutique Diamond McCarthy, as
trustee of Howrey LLP's Chapter 11 bankruptcy.  The report says
Mr. Diamond will be in charge of the administration of the
bankruptcy.

According to the report, acting U.S. Trustee August Landis said
that Mr. Diamond was selected with the help of 16 attorneys,
including Thomas Willoughby, the Sacramento attorney for the
unsecured creditors committee; East Coast counsel for Citibank,
Kelley Cornish; and S.F. attorneys Christopher Sullivan,
representing creditors Advanced Discovery and other companies, and
William McGrane, representing Matura Farrington Staffing Services
Inc.

The report says Mr. Diamond's appointment as Howrey's bankruptcy
trustee awaits Judge Dennis Montali's approval.

The report, citing papers filed with the Court, relates Mr.
Diamond said his hourly rate is $675, and that his firm's rates
range from $350 to $675 per hour for partners and senior counsel,
and $210 to $250 hourly for associates.  Mr. Diamond disclosed
that his firm was handling litigation and contested bankruptcy
matters in which several law firms are opposing counsel, including
Arnold & Porter, Dewey & LeBoeuf, Jones Day and Winston & Strawn.

The report adds Citibank, Howrey's largest creditor, asked Judge
Montali last month to appoint a trustee to oversee the bankruptcy,
the same day attorneys for the Howrey estate had asked to extend
the deadline for submitting a final wind-down plan from Oct. 4 to
Feb. 1.

The proposed case trustee may be reached at:

          Allan B. Diamond, Esq.
          DIAMOND McCARTHY LLP
          Tel: (713) 333-5104
          E-mail: adiamond@diamondmccarthy.com

Law.com also relates that Thomas Willoughby, Esq. --
twilloughby@ffwplaw.com -- a partner at Felderstein Fitzgerald
Willoughby & Pascuzzi, has asked to pull out of the case.
According to the report, Mr. Willoughby asked U.S. Bankruptcy
Judge Montali to approve the firm's withdrawal as soon as the
committee has selected a firm to replace it.  Mr. Willoughby said
in the filing the committee has "knowingly and freely assented to
termination" of the firm's employment.  He offered no reason and
didn't return repeated messages requesting comment.

                         About Howrey LLP

Three creditors filed an involuntary Chapter 7 petition (Bankr.
N.D. Calif. Case No. 11-31376) on April 11, 2011, against the
remnants of the Washington-based law firm Howrey LLP.  The filing
was in San Francisco, where the firm had an office.  The firm
previously was known as Howrey & Simon and Howrey Simon Arnold &
White LLP.  The firm at one time had more than 700 lawyers in 17
offices.  The partners voted to dissolve in March.

The firm specialized in antitrust and intellectual-property
matters.  The three creditors filing the involuntary petition
together have $36,600 in claims, according to their petition.

The involuntary chapter 7 petition was converted to a chapter 11
case in June 2011 at the request of the firm.  In its schedules
filed in July, the Debtor disclosed assets of $138.7 million and
liabilities of $107.0 million.

Representing Citibank, the firm's largest creditor, is Kelley
Cornish, Esq. -- kcornish@paulweiss.com -- a partner at Paul,
Weiss, Rifkind, Wharton & Garrison.  Representing Howrey is H.
Jason Gold, Esq. -- jgold@wileyrein.com -- a partner at Wiley
Rein.


HOWREY LLP: Allan Diamond Named as Chapter 11 Trustee
-----------------------------------------------------
Roxanne Palmer at Bankruptcy Law360 reports that the acting U.S.
trustee in Howrey LLP's bankruptcy case on Friday selected Houston
attorney Allan Diamond to serve as the fallen law firm's Chapter
11 trustee.

According to Law360, trustee August B. Landis asked the California
bankruptcy court to approve Mr. Diamond, a managing partner at
Diamond McCarthy LLP.  The trustee said he had conferred with
attorneys for Howrey and numerous creditors ? including Citibank
NA, Oracle America Inc. and the committee of unsecured creditors ?
in selecting Mr. Diamond to helm the bankruptcy proceedings.

                         About Howrey LLP

Three creditors filed an involuntary Chapter 7 petition (Bankr.
N.D. Calif. Case No. 11-31376) on April 11, 2011, against the
remnants of the Washington-based law firm Howrey LLP.  The filing
was in San Francisco, where the firm had an office.  The firm
previously was known as Howrey & Simon and Howrey Simon Arnold &
White LLP.  The firm at one time had more than 700 lawyers in 17
offices.  The partners voted to dissolve in March.

The firm specialized in antitrust and intellectual-property
matters.  The three creditors filing the involuntary petition
together have $36,600 in claims, according to their petition.

The involuntary chapter 7 petition was converted to a chapter 11
case in June at the request of the firm.  In its schedules filed
in July, the Debtor disclosed assets of $138.7 million and
liabilities of $107.0 million.

Representing Citibank, the firm's largest creditor, is Kelley
Cornish, Esq. -- kcornish@paulweiss.com -- a partner at Paul,
Weiss, Rifkind, Wharton & Garrison.  Representing Howrey is H.
Jason Gold, Esq. -- jgold@wileyrein.com -- a partner at Wiley
Rein.


INNKEEPERS USA: Trial Over Dead $1B Deal Delayed as Talks Continue
------------------------------------------------------------------
Hilary Russ at Bankruptcy Law360 reports that the trial over
Innkeepers USA Trust's scuttled $1.12 billion property deal was
postponed for a second day Tuesday in New York bankruptcy court
after the company and the private equity fund it sued apparently
continued negotiating a settlement agreement.

Innkeepers had confirmed Monday ? which was to have been the first
day of trial with defendants Chatham Lodging Trust and a unit of
Cerberus Capital Management LP ? that the company was in
settlement talks, according to a statement from Innkeepers Chief
Restructuring Officer Marc Beilinson.

                    Cerberus Sale Collapses

In June 2011, the Bankruptcy Court confirmed Innkeepers' chapter
11 plan of reorganization.  The Plan is premised on the sale of
the Company's hotel portfolio.

A joint venture between the private-equity firm Cerberus Capital
Management, L.P. and the real estate investment trust Chatham
Lodging agreed to purchase for roughly $1.12 billion the equity in
entities that own and operate 65 of the Company's hotels.
Cerberus and Chatham agreed to pay $400.5 million cash and assume
about $723.8 million mortgage debt for the hotels.  Chatham
Lodging also agreed to purchase for $195 million, five of the
Company's hotels that serve as collateral for loan trusts serviced
by LNR Partners LLC.  The deal for the five hotels closed in July
2011.

Cerberus and Chatham on Aug. 19 terminated a deal to acquire a
portfolio of Innkeepers USA Trust's hotels.  In a statement,
Cerberus and Chatham said they had abandoned the deal "as a result
of the occurrence of a condition, change or development that could
reasonably be expected to have a material adverse effect" on
Innkeepers' business, operations or financial condition, among
other things.

The deal had a Sept. 15, 2011 deadline to close.  Cerberus and
Chatham are required to pay a $20 million termination fee under
the bankruptcy court-approved asset purchase agreement.

Innkeepers insists that no changes have occurred to the hotel
owner's business that would trigger the "material adverse effect"
clause in the buyout's contract.

The Debtors filed a complaint against Cerberus, Chatham Lodging
Trust and other related defendants for breach of contract and
other claims for reneging on their commitment to acquire 64 hotels
from Innkeepers.  The lawsuit is Innkeepers USA Trust v. Cerberus
Four Holdings LLC (In re Innkeepers USA Trust), 11-02557, U.S.
Bankruptcy Court, Southern District New York (Manhattan).

Innkeepers USA has won an extension until Nov. 10 of its
exclusivity periods to file a plan free from the threat of a rival
proposal.  Originally, Innkeepers was going to ask for an
extension until Jan. 12 to file a plan and March 19 to solicit
credit or votes on the proposal, but a lawyer said the company had
scaled the request back to Nov. 10 and would come to court just
before that if it needs more time.

The lawsuit is INNKEEPERS USA TRUST, et al., v. CERBERUS SERIES
FOUR HOLDINGS, LLC, CHATHAM LODGING TRUST, INK ACQUISITION LLC,
AND INK ACQUISITION II LLC, Adv. Proc. No. Case No. 11-02557
(Bankr. S.D.N.Y.).

Attorneys for Cerberus are Alan R. Glickman, Esq., Howard O.
Godnick, Esq., Adam C. Harris, Esq., and Michael E. Swartz, Esq.,
at Schulte Roth & Zabel LLP, in New York, serve as counsel.
Attorneys at Wachtell, Lipton, Rosen & Katz, serve as counsel to
Chatham.

The Wall Street Journal's Mike Spector and Eliot Brown reported in
September that people familiar with the matter said creditors Five
Mile Capital Partners LLC and a unit of Lehman Brothers Holdings
Inc. are in discussions to acquire the 64 remaining hotels in a
possible deal valued at more than $1 billion.

                    About Innkeepers USA Trust

Innkeepers USA Trust is a self-administered Maryland real estate
investment trust with a primary business focus on acquiring
premium-branded upscale extended-stay, mid-priced limited service,
and select-service hotels.

Innkeepers, through its indirect subsidiaries, owns and operates
an expansive portfolio of 72 upscale and mid-priced extended-stay
and select-service hotels, consisting of approximately 10,000
rooms, located in 20 states across the United States.

Apollo Investment Corporation acquired Innkeepers in June 2007.

Innkeepers USA Trust and 91 affiliates filed for Chapter 11
protection (Bankr. S.D.N.Y. Case No. 10-13800) on July 19, 2010.
The Company's consolidated assets for 2009 totaled approximately
$1.5 billion.  As of July 19, 2010, the Company and its affiliates
have incurred $1.29 billion of secured debt.

Paul M. Basta, Esq., at Kirkland & Ellis LLP, in New York; Anup
Sathy, P.C., Esq., Marc J. Carmel, Esq., at Kirkland & Ellis in
Chicago; and Daniel T. Donovan, Esq., at Kirkland & Ellis in
Washington, D.C., serve as counsel to the Debtors.  AlixPartners
is the restructuring advisor and Marc A. Beilinson is the chief
restructuring officer.  Moelis & Company is the financial advisor.
Omni Management Group, LLC, is the claims and notice agent.
Attorneys at Morrison & Foerster, LLP, represent the Official
Committee of Unsecured Creditors.


INNKEEPERS USA: Solar Finance DIP Facility Matured on Oct. 11
-------------------------------------------------------------
Innkeepers USA Trust, et al., have filed a Fourth Amendment to
Senior Secured Super Priority Debtor-in-Possession Loan Agreement
and Other Loan Documents, dated and made effective as of Oct. 3,
2011, between affiliates of Innkeepers USA Trust, known as the
Floating Rate Debtors, as Borrower, and Solar Finance Inc., as
Lender, which amends that certain debtor-in-possession credit
agreement between Solar and the Floating Rate Debtors, to extend
the "Maturity Date" of the Solar DIP Facility by eight days from
Oct. 3, 2011, to Oct. 11, 2011.

As reported in the TCR on Sept. 8, 2010, Judge Shelley Chapman
authorized, on a final basis, Innkeepers USA Trust's affiliates,
known as the Floating Rate Debtors, to obtain $17,498,095 in
secured postpetition financing on a superpriority basis on the
terms and subject to the conditions set forth in the Senior
Secured Super Priority Debtor-in-Possession Loan Agreement
among the Floating Rate Debtors and Solar Finance Inc.

The Borrowers in this DIP Financing Agreement are these Floating
Rate Debtors:

  * KPA/GP Valencia LLC;
  * Grand Prix West Palm Beach LLC;
  * KPA/GP Ft. Walton Beach LLC;
  * Grand Prix Ft. Wayne LLC;
  * Grand Prix Indianapolis LLC;
  * KPA/GP Louisville (HI) LLC;
  * Grand Prix Bulfinch LLC;
  * Grand Prix Woburn LLC;
  * Grand Prix Rockville LLC;
  * Grand Prix East Lansing LLC;
  * Grand Prix Grand Rapids LLC;
  * Grand Prix Troy (Central) LLC;
  * Grand Prix Troy (SE) LLC;
  * Grand Prix Atlantic City LLC;
  * Grand Prix Montvale LLC;
  * Grand Prix Morristown LLC;
  * Grand Prix Albany LLC;
  * Grand Prix Addison (SS) LLC;
  * Grand Prix Harrisburg LLC; and
  * Grand Prix Ontario LLC.

The Court ruled that the Floating Rate Collateral and the Floating
Rate DIP Lender will not be subject to any carve-out for
professional fees and expenses or otherwise, nor will they be
subject to surcharge, pursuant to Sections 105 or 506(c) of the
Bankruptcy Code, by the Floating Rate Debtors or any other party-
in-interest without the prior written consent of the Floating Rate
DIP Lender.

Neither the Floating Rate DIP Lender nor the Floating Rate
Collateral will be subject to the equitable doctrine of
"marshaling" or any similar doctrine with respect to the Floating
Rate Collateral.  The Floating Rate DIP Lender will not be subject
to any "equities of the case" claims under Section 552(b) of the
Bankruptcy Code with respect to the Floating Rate DIP Facility.

A full-text copy of the Final DIP Order is available for free
at http://bankrupt.com/misc/IKU_FOrder_SolarDIP_09012010.pdf

The DIP Financing matures in 360 days from the Closing Date.

The DIP Facility will automatically become due and payable upon:

  -- the acceleration of the DIP Facility due to the occurrence
     and continuation of an Event of Default;

  -- the effective date of any plan in the bankruptcy proceeding
     that provides for payment in full of all obligations owing
     under the DIP Facility;

  -- the closing date of any sale of all or substantially all of
     any Borrower's assets that constitute collateral;

  -- the entry of an order by the Court granting relief from the
     automatic stay permitting foreclosure of any assets of any
     Borrower constituting collateral in excess of $1,000,000 in
     the aggregate;

  -- the entry of an order of dismissal or conversion of the
     Chapter 11 cases with respect to the Borrowers; or

  -- the acceleration of the obligations under any other
     debtor-in-possession financing of the Debtors.

Proceeds of the DIP Facility will be used solely for (i) payment
of the financing fees owed to the DIP Lenders, (ii) to fund
postpetition PIP Work, and (iii) to fund certain fire safety
improvements to hotel properties.

The Non-Default Interest Rate is a monthly interest payments
accruing at a per annum floating rate equal to the sum of 30-day
LIBOR, subject to a floor of 2%, plus 5%.  The Default Interest
Rate is a rate of 3% per annum in excess of the Non-Default rate.

The liens under the DIP Facility will be first priority, senior
secured and priming liens on and security interests in (i) all of
the Borrowers' real property and its proceeds that secure the
prepetition obligations, (ii) the Controlled Disbursement Account,
and (iii) all Chapter 5 causes of action that relate to the hotel
properties owned by the Borrowers.

                      Cerberus Sale Collapses

In June 2011, the Bankruptcy Court confirmed Innkeepers' chapter
11 plan of reorganization.  The Plan is premised on the sale of
the Company's hotel portfolio.

A joint venture between the private-equity firm Cerberus Capital
Management, L.P., and the real estate investment trust Chatham
Lodging agreed to purchase for roughly $1.12 billion the equity in
entities that own and operate 65 of the Company's hotels.
Cerberus and Chatham agreed to pay $400.5 million cash and assume
about $723.8 million mortgage debt for the hotels.  Chatham
Lodging also agreed to purchase for $195 million, five of the
Company's hotels that serve as collateral for loan trusts serviced
by LNR Partners LLC.  The deal for the five hotels closed in
July 2011.

Cerberus and Chatham on Aug. 19 terminated a deal to acquire a
portfolio of Innkeepers USA Trust's hotels.  In a statement,
Cerberus and Chatham said they had abandoned the deal "as a result
of the occurrence of a condition, change or development that could
reasonably be expected to have a material adverse effect" on
Innkeepers' business, operations or financial condition, among
other things.

The deal had a Sept. 15, 2011 deadline to close.  Cerberus and
Chatham are required to pay a $20 million termination fee under
the bankruptcy court-approved asset purchase agreement.

Innkeepers insists that no changes have occurred to the hotel
owner's business that would trigger the "material adverse effect"
clause in the buyout's contract.

The Debtors filed a complaint against Cerberus, Chatham Lodging
Trust and other related defendants for breach of contract and
other claims for reneging on their commitment to acquire 64 hotels
from Innkeepers.  The lawsuit is Innkeepers USA Trust v. Cerberus
Four Holdings LLC (In re Innkeepers USA Trust), 11-02557, U.S.
Bankruptcy Court, Southern District New York (Manhattan).

Innkeepers USA has won an extension until Nov. 10 of its
exclusivity periods to file a plan free from the threat of a rival
proposal.  Originally, Innkeepers was going to ask for an
extension until Jan. 12 to file a plan and March 19 to solicit
credit or votes on the proposal, but a lawyer said the company had
scaled the request back to Nov. 10 and would come to court just
before that if it needs more time.

Attorneys for Cerberus are Alan R. Glickman, Esq., Howard O.
Godnick, Esq., Adam C. Harris, Esq., and Michael E. Swartz, Esq.,
at Schulte Roth & Zabel LLP, in New York, serve as counsel.
Attorneys at Wachtell, Lipton, Rosen & Katz, serve as counsel to
Chatham.

                    About Innkeepers USA Trust

Innkeepers USA Trust is a self-administered Maryland real estate
investment trust with a primary business focus on acquiring
premium-branded upscale extended-stay, mid-priced limited service,
and select-service hotels.

Innkeepers, through its indirect subsidiaries, owns and operates
an expansive portfolio of 72 upscale and mid-priced extended-stay
and select-service hotels, consisting of approximately 10,000
rooms, located in 20 states across the United States.

Apollo Investment Corporation acquired Innkeepers in June 2007.

Innkeepers USA Trust and 91 affiliates filed for Chapter 11
protection (Bankr. S.D.N.Y. Case No. 10-13800) on July 19, 2010.
The Company's consolidated assets for 2009 totaled approximately
$1.5 billion.  As of July 19, 2010, the Company and its affiliates
have incurred $1.29 billion of secured debt.

Paul M. Basta, Esq., at Kirkland & Ellis LLP, in New York; Anup
Sathy, P.C., Esq., Marc J. Carmel, Esq., at Kirkland & Ellis in
Chicago; and Daniel T. Donovan, Esq., at Kirkland & Ellis in
Washington, D.C., serve as counsel to the Debtors.  AlixPartners
is the restructuring advisor and Marc A. Beilinson is the chief
restructuring officer.  Moelis & Company is the financial advisor.
Omni Management Group, LLC, is the claims and notice agent.
Attorneys at Morrison & Foerster, LLP, represent the Official
Committee of Unsecured Creditors.


INNKEEPERS USA: Five Mile DIP Facility Matured on Oct. 11
---------------------------------------------------------
Innkeepers USA Trust, et al., have filed a Third Amendment to
Senior Secured Super Priority Debtor-in-Possession Credit
Agreement, dated and made effective as of Oct. 3, 2011, between
certain Borrower Debtors and Five Mile Capital II Pooling
International LLC, as Lead DIP Lender and Administrative Agent,
which amends that certain debtor-in-possession credit agreement
(the "Five Mile DIP Credit Agreement," and the related facility,
the "Five Mile DIP Facility") between Five Mile and the Borrower
Debtors, to extend the "Maturity Date" of the Five Mile DIP
Facility by eight days from Oct. 3, 2011, to Oct. 11, 2011.

As reported in the TCR on Sept. 8, 2010, the U.S. Bankruptcy Court
authorized Innkeepers USA Trust and its units, on a final basis,
to enter into the Senior Secured Super-Priority Debtor-in-
Possession Credit Agreement dated as of Sept. 1, 2010, among
certain Debtor-Borrowers and Five Mile Capital II Pooling
International LLC and other lenders.

The DIP Facility provides the Debtors with postpetition senior
secured super-priority credit in an aggregate amount of
$53,000,000, to be allocated among the Borrowers on the terms set
forth in the DIP Credit Agreement.

Judge Chapman ruled that no costs or expenses of administration,
including professional fees allowed and payable under Sections 330
and 331 of the Bankruptcy Code and no priority claims to the
Collateral are, or will be, prior to or on a parity with the
Secured Obligations or the Superpriority Claim.

The automatic stay imposed under Section 362(a)(4) of the
Bankruptcy Code is lifted, as necessary, to permit (i) the
Borrowers to grant the DIP Liens and to perform the Borrowers'
liabilities and obligations to the DIP Agent and the DIP Lenders
under the DIP Facility, and (ii) the delivery by the DIP Agent of
an Enforcement Notice and the exercise of remedies by the DIP
Agent and the DIP Lenders upon the Termination Date or the
occurrence of an Event of Default.

A full-text copy of the Final DIP Order can be obtained for free
at http://bankrupt.com/misc/IKU_FOrder_FiveMileDIP_09012010.pdf

                      Cerberus Sale Collapses

In June 2011, the Bankruptcy Court confirmed Innkeepers' chapter
11 plan of reorganization.  The Plan is premised on the sale of
the Company's hotel portfolio.

A joint venture between the private-equity firm Cerberus Capital
Management, L.P., and the real estate investment trust Chatham
Lodging agreed to purchase for roughly $1.12 billion the equity in
entities that own and operate 65 of the Company's hotels.
Cerberus and Chatham agreed to pay $400.5 million cash and assume
about $723.8 million mortgage debt for the hotels.  Chatham
Lodging also agreed to purchase for $195 million, five of the
Company's hotels that serve as collateral for loan trusts serviced
by LNR Partners LLC.  The deal for the five hotels closed in
July 2011.

Cerberus and Chatham on Aug. 19 terminated a deal to acquire a
portfolio of Innkeepers USA Trust's hotels.  In a statement,
Cerberus and Chatham said they had abandoned the deal "as a result
of the occurrence of a condition, change or development that could
reasonably be expected to have a material adverse effect" on
Innkeepers' business, operations or financial condition, among
other things.

The deal had a Sept. 15, 2011 deadline to close.  Cerberus and
Chatham are required to pay a $20 million termination fee under
the bankruptcy court-approved asset purchase agreement.

Innkeepers insists that no changes have occurred to the hotel
owner's business that would trigger the "material adverse effect"
clause in the buyout's contract.

The Debtors filed a complaint against Cerberus, Chatham Lodging
Trust and other related defendants for breach of contract and
other claims for reneging on their commitment to acquire 64 hotels
from Innkeepers.  The lawsuit is Innkeepers USA Trust v. Cerberus
Four Holdings LLC (In re Innkeepers USA Trust), 11-02557, U.S.
Bankruptcy Court, Southern District New York (Manhattan).

Innkeepers USA has won an extension until Nov. 10 of its
exclusivity periods to file a plan free from the threat of a rival
proposal.  Originally, Innkeepers was going to ask for an
extension until Jan. 12 to file a plan and March 19 to solicit
credit or votes on the proposal, but a lawyer said the company had
scaled the request back to Nov. 10 and would come to court just
before that if it needs more time.

Attorneys for Cerberus are Alan R. Glickman, Esq., Howard O.
Godnick, Esq., Adam C. Harris, Esq., and Michael E. Swartz, Esq.,
at Schulte Roth & Zabel LLP, in New York, serve as counsel.
Attorneys at Wachtell, Lipton, Rosen & Katz, serve as counsel to
Chatham.

                    About Innkeepers USA Trust

Innkeepers USA Trust is a self-administered Maryland real estate
investment trust with a primary business focus on acquiring
premium-branded upscale extended-stay, mid-priced limited service,
and select-service hotels.

Innkeepers, through its indirect subsidiaries, owns and operates
an expansive portfolio of 72 upscale and mid-priced extended-stay
and select-service hotels, consisting of approximately 10,000
rooms, located in 20 states across the United States.

Apollo Investment Corporation acquired Innkeepers in June 2007.

Innkeepers USA Trust and 91 affiliates filed for Chapter 11
protection (Bankr. S.D.N.Y. Case No. 10-13800) on July 19, 2010.
The Company's consolidated assets for 2009 totaled approximately
$1.5 billion.  As of July 19, 2010, the Company and its affiliates
have incurred $1.29 billion of secured debt.

Paul M. Basta, Esq., at Kirkland & Ellis LLP, in New York; Anup
Sathy, P.C., Esq., Marc J. Carmel, Esq., at Kirkland & Ellis in
Chicago; and Daniel T. Donovan, Esq., at Kirkland & Ellis in
Washington, D.C., serve as counsel to the Debtors.  AlixPartners
is the restructuring advisor and Marc A. Beilinson is the chief
restructuring officer.  Moelis & Company is the financial advisor.
Omni Management Group, LLC, is the claims and notice agent.
Attorneys at Morrison & Foerster, LLP, represent the Official
Committee of Unsecured Creditors.


LOS ANGELES DODGERS: Disagrees With Committee at Length on TV Sale
------------------------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that the Los Angeles Dodgers and the commissioner of Major
League Baseball between them filed more than 130 pages of papers
Oct. 11 further detailing arguments they previously made about
why the team can or can't auction television broadcasting rights
beginning with the 2014 season.  The team and Commissioner Bud
Selig did reach common ground on one issue.  At the urging of the
mediator, Mr. Selig withdrew his motion to disqualify the two law
firms representing the Dodgers.

The commissioner alleged that the firms were working in the
interests of Frank McCourt, the club's owner, and not the best
interests of the team.  Under the terms of the agreement dropping
the disqualification motion, Mr. Selig can't try to force the
firms out again.

The Dodgers on Oct. 11 attempted to rebut the commissioner's
argument that Mr. McCourt took $180 million out of the team to
fund a "lavish lifestyle."  While the papers say there was no
misappropriation, drawing conclusions is difficult because many of
the underlying facts are blacked out.  The team said it's solvent
and that a sale of telecasting rights will allow for confirmation
of a Chapter 11 plan paying creditors in full.

The commissioner said no reorganization plan can be confirmed and
no sale approved.  Mr. Selig contended that a "substantial
portion" of proceeds from the sale wouldn't go to the Dodgers.
Rather, he said, they would be used to satisfy Mr. McCourt's
"personal obligations."

In addition, Mr. Selig said the sale would entail an "excessive
upfront payment," having the effect of "mortgaging the Dodgers'
future" and decreasing the value of the team if it were sold.
Given his objections, the commissioner said he won't approve a
sale of media rights.  Should the team proceed with a TV-rights
sale, the franchise could be terminated, Mr. Selig said.  The
"only path to emergence from bankruptcy is a sale of the club,
which will benefit everyone," Mr. Selig said.  The bankruptcy
judge scheduled a trial to begin Oct. 31 over whether TV rights
can be sold.  The judge will also decide whether the commissioner
can file a reorganization plan to sell the team out from under Mr.
McCourt.

                     About Los Angeles Dodgers

Los Angeles Dodgers LLC operates the Los Angeles Dodgers, a
professional Major League Baseball club in the Los Angeles
metropolitan area.  Frank McCourt, a Boston real-estate developer
who unsuccessfully bid for the Boston Red Sox, bought the Dodgers
from Rupert Murdoch's Fox Entertainment Group, Inc. in 2004 for
$330 million.  Mr. McCourt also bought the Dodgers Stadium from
Fox for $100 million.

Los Angeles Dodgers LLC filed for bankruptcy protection (Bankr.
D. Del. Lead Case No. 11-12010) on June 27, 2011, after MLB
Commissioner Bud Selig rejected a television deal with News
Corp.'s Fox Sports, leaving Mr. McCourt unable to make payroll for
June 30 and July 1.  Fox Sports has exclusive cable television
rights for Dodgers games until the end of 2013 baseball season.

Chapter 11 filings were also made for LA Real Estate LLC, an
affiliated entity which owns Dodger Stadium, and three other
related holding companies.

The petition estimates assets of up to $500 million and debts of
up to $1 billion.  In its schedules, the LA Dodgers baseball club
listed $77,963,734 in assets and $4,695,702 in liabilities.  LA
Real Estate LLC listed $161,761,883 in assets and $0 in
liabilities.

According to Forbes, the team is worth about $800 million, making
it the third most valuable baseball team after the New York
Yankees and the Boston Red Sox.

Judge Kevin Gross presides over the case.  Lawyers at Young,
Conaway, Stargatt & Taylor and Dewey & LeBoeuf LLP serve as the
Debtors' bankruptcy counsel.  Epiq Bankruptcy Solutions LLC is the
claims and notice agent.  Public relations specialist Kekst and
Company has been hired for crisis support.  Covington & Burling
LLP serves as special counsel.

An official committee of unsecured creditors has been appointed in
the case.  The panel has tapped Lazard Freres & Co. as financial
adviser and investment banker, and Morrison & Foerster LLP and
Pinckney, Harris & Weidinger, LLC as counsel.

Ticket holders are seeking the appointment of their own committee.

The LA Dodgers is the 12th sports team in North America to have
sought bankruptcy protection, according to The Wall Street
Journal.

The reorganization is being financed with a $150 million unsecured
loan from the Commissioner of Major League Baseball.  The loan
gives the Commissioner few of the controls lenders often demanded
from bankrupt companies.


LOS ANGELES DODGERS: Trades Blows With MLB in Fight Over Control
----------------------------------------------------------------
Lance Duroni at Bankruptcy Law360 reports that the Los Angeles
Dodgers LLC and Major League Baseball drew battle lines Tuesday in
their feud over control of the franchise, with MLB blasting the
team's proposed auction of television rights and the Dodgers
opposing the league's bid to force a sale of the team.

Law360 says the objections come in advance of a critical hearing
in Delaware bankruptcy court, set to begin Oct. 31, that will
decide the team's course out of bankruptcy.

                     About Los Angeles Dodgers

Los Angeles Dodgers LLC operates the Los Angeles Dodgers, a
professional Major League Baseball club in the Los Angeles
metropolitan area.  Frank McCourt, a Boston real-estate developer
who unsuccessfully bid for the Boston Red Sox, bought the Dodgers
from Rupert Murdoch's Fox Entertainment Group, Inc. in 2004 for
$330 million.  Mr. McCourt also bought the Dodgers Stadium from
Fox for $100 million.

Los Angeles Dodgers LLC filed for bankruptcy protection (Bankr.
D. Del. Lead Case No. 11-12010) on June 27, 2011, after MLB
Commissioner Bud Selig rejected a television deal with News
Corp.'s Fox Sports, leaving Mr. McCourt unable to make payroll for
June 30 and July 1.  Fox Sports has exclusive cable television
rights for Dodgers games until the end of 2013 baseball season.

Chapter 11 filings were also made for LA Real Estate LLC, an
affiliated entity which owns Dodger Stadium, and three other
related holding companies.

The petition estimates assets of up to $500 million and debts of
up to $1 billion.  In its schedules, the LA Dodgers baseball club
listed $77,963,734 in assets and $4,695,702 in liabilities.  LA
Real Estate LLC listed $161,761,883 in assets and $0 in
liabilities.

According to Forbes, the team is worth about $800 million, making
it the third most valuable baseball team after the New York
Yankees and the Boston Red Sox.

Judge Kevin Gross presides over the case.  Lawyers at Young,
Conaway, Stargatt & Taylor and Dewey & LeBoeuf LLP serve as the
Debtors' bankruptcy counsel.  Epiq Bankruptcy Solutions LLC is the
claims and notice agent.  Public relations specialist Kekst and
Company has been hired for crisis support.  Covington & Burling
LLP serves as special counsel.

An official committee of unsecured creditors has been appointed in
the case.  The panel has tapped Lazard Freres & Co. as financial
adviser and investment banker, and Morrison & Foerster LLP and
Pinckney, Harris & Weidinger, LLC as counsel.

Ticket holders are seeking the appointment of their own committee.

The LA Dodgers is the 12th sports team in North America to have
sought bankruptcy protection, according to The Wall Street
Journal.

The reorganization is being financed with a $150 million unsecured
loan from the Commissioner of Major League Baseball.  The loan
gives the Commissioner few of the controls lenders often demanded
from bankrupt companies.


LOS ANGELES DODGERS: Says MLB Should Drop Opposition to Dewey
-------------------------------------------------------------
The Los Angeles Dodgers said in a statement that MLB's withdrawal
of its motion to disqualify Dewey & LeBoeuf LLP and Young Conaway
Stargatt & Taylor LLP as attorneys for the Dodgers as debtor in
these bankruptcy proceedings is appropriate.  "It ends an
unnecessary attempt by MLB to divert the focus in these bankruptcy
proceedings from maximizing the value of the debtor's estate," the
Dodgers said. "The Dodgers look forward to working with Dewey &
LeBoeuf and Young Conaway in its effort to reorganize successfully
under chapter 11 in a manner which serves the best interests of
all its stakeholders."

                     About Los Angeles Dodgers

Los Angeles Dodgers LLC operates the Los Angeles Dodgers, a
professional Major League Baseball club in the Los Angeles
metropolitan area.  Frank McCourt, a Boston real-estate developer
who unsuccessfully bid for the Boston Red Sox, bought the Dodgers
from Rupert Murdoch's Fox Entertainment Group, Inc. in 2004 for
$330 million.  Mr. McCourt also bought the Dodgers Stadium from
Fox for $100 million.

Los Angeles Dodgers LLC filed for bankruptcy protection (Bankr.
D. Del. Lead Case No. 11-12010) on June 27, 2011, after MLB
Commissioner Bud Selig rejected a television deal with News
Corp.'s Fox Sports, leaving Mr. McCourt unable to make payroll for
June 30 and July 1.  Fox Sports has exclusive cable television
rights for Dodgers games until the end of 2013 baseball season.

Chapter 11 filings were also made for LA Real Estate LLC, an
affiliated entity which owns Dodger Stadium, and three other
related holding companies.

The petition estimates assets of up to $500 million and debts of
up to $1 billion.  In its schedules, the LA Dodgers baseball club
listed $77,963,734 in assets and $4,695,702 in liabilities.  LA
Real Estate LLC listed $161,761,883 in assets and $0 in
liabilities.

According to Forbes, the team is worth about $800 million, making
it the third most valuable baseball team after the New York
Yankees and the Boston Red Sox.

Judge Kevin Gross presides over the case.  Lawyers at Young,
Conaway, Stargatt & Taylor and Dewey & LeBoeuf LLP serve as the
Debtors' bankruptcy counsel.  Epiq Bankruptcy Solutions LLC is the
claims and notice agent.  Public relations specialist Kekst and
Company has been hired for crisis support.  Covington & Burling
LLP serves as special counsel.

An official committee of unsecured creditors has been appointed in
the case.  The panel has tapped Lazard Freres & Co. as financial
adviser and investment banker, and Morrison & Foerster LLP and
Pinckney, Harris & Weidinger, LLC as counsel.

Ticket holders are seeking the appointment of their own committee.

The LA Dodgers is the 12th sports team in North America to have
sought bankruptcy protection, according to The Wall Street
Journal.

The reorganization is being financed with a $150 million unsecured
loan from the Commissioner of Major League Baseball.  The loan
gives the Commissioner few of the controls lenders often demanded
from bankrupt companies.


MADISON 92ND: Asks Court's Permission to Use GE's Cash Collateral
-----------------------------------------------------------------
Madison 92nd Street Associates, LLC, asks the U.S. Bankruptcy
Court for the Southern District of New York for authorization to
use cash collateral of General Electric Capital Corporation,
pursuant to the proposed stipulation among the Debtor, GE and
Courtyard Management Corporation.  Courtyard, a subsidiary of
Marriott International, Inc., operates the hotel, pursuant to a
written management agreement.

The Debtor's authorization to use cash collateral will terminate
on the date of the final hearing, unless earlier terminated
because of the occurrence of an event of default.  The date of the
final hearing has not been set.

As noted in the petition, GE holds a mortgage on the Debtor's real
property located at 410 East 92nd Street, New York, N.Y., improved
by a hotel containing 226 rooms, known as "Upper East Side
Courtyard by Marriott".

As noted in the petition, the mortgage fell into default.  GE
ultimately obtained a consensual judgment of foreclosure, in the
amount of $74,007,716 and noticed a foreclosure sale of the hotel
for Aug. 24, 2011, which was stayed as a result of the Chapter 11
filing.

The Debtor expressly reserves all of its rights against Courtyard
and it is anticipated that a motion to reject the management
agreement with Courtyard will be filed in the upcoming weeks.  In
the near term, the parties are in agreement that the status quo
should be maintained, so that there is a continuing flow of funds
to pay both operating expenses and debt service to GE while the
larger issues are addressed at a later date.

Thus, the parties have agreed for a combination of the management,
payment and sweep procedures historically utilized to operate the
hotel.  All receipts will continue to be collected by Courtyard,
which will continue to pay vendor bills and operating expenses in
the normal course of business pursuant to a budget and then remit
the net operating income to the Debtor, primarily for payment to
GE as adequate protection.

GE will be granted a post-petition replacement lien and security
interest in the Debtor's post-petition property with the exception
of all avoidance claims and any recovery in the state court
litigation involving Courtyard.

GE is to be granted a first priority replacement lien in all of
the Debtor's property pursuant to Section 364(c)(2), together with
a junior lien on all property other than Chapter 5 litigation
claims, and a superpriority administrative claim with priority
over all claims specified in Sections 503(b) and 507(b).  The GE
lines are subject to a carve out of up to $250,000 aggregate for
professional fees and U.S. Trustee quarterly fees, with $100,000
of the carve out reserve for the examiner previously appointed by
order of the Bankruptcy Court.

                        About Madison 92nd

Madison 92nd Street Associates, LLC, owns real property improved
by a hotel located at 410 East 92nd Street, New York, known as the
Upper East Side Courtyard by Marriott.  It filed for Chapter 11
bankruptcy protection as lender General Electric Capital Corp.,
owed $74 million, has scheduled a foreclosure sale for Aug. 24,
2011.  The petition (Bankr. S.D.N.Y. Case No. 11-13917) was filed
Aug. 16, 2011, before Judge Stuart M. Bernstein.  J. Ted Donovan,
Esq., at Goldberg Weprin Finkel Goldstein LLP, serves as the
Debtor's counsel.  It scheduled $84,471,069 in assets and
$75,398,580 in debts. The petition was signed by Louis Taic,
managing member of 92nd Hotel Associates, LLC and Jeffrey Kosow,
managing member of JKNY, LLC, members of the Debtor.

Courtyard Management Corporation, which manages and operates the
hotel pursuant to a management agreement, is represented by Thomas
R. Califano, Esq., and William M. Goldman, Esq., at DLA Piper LLP
(US).

The Bankruptcy Judge appointed an examiner to explore the best
route to reorganization for the Debtor amid a rift between two
investor groups.


MANHATTAN WEST: Piranha Nightclub Files for Chapter 11
------------------------------------------------------
Steve Green at Vegas Inc. reports that Manhattan West LLC, owner
of two Paradise Road nightclubs in Las Vegas, filed for Chapter 11
bankruptcy reorganization on Oct. 10, 2011

According to the report, the bankruptcy filing was signed by
company CEO Paul San Filipo and listed assets of $50,000 against
liabilities of $2.277 million.  The main creditor, owed $2.2
million, is Jerry Masini of Las Vegas, though the nature of his
claim wasn't disclosed in the initial bankruptcy filing.

Manhattan West does business as Piranha Nightclub and 8-1/2 Ultra
Lounge and as Gypsy Nightclub at 4633 and 4605 Paradise Road,
south of Harmon Avenue.


MARCO POLO: Court Authorizes Bracewell & Giuliani as Counsel
------------------------------------------------------------
Marco Polo Seatrade B.V., has been authorized by the U.S.
Bankruptcy Court for the Southern District of New York to employ

         Bracewell & Giuliani LLP
         1251 Avenue of the Americas
         49th Floor
         New York, New York
         10020-1104
         Tel: (212) 508-6100
         Fax: (212) 508-6101

as counsel nunc pro tunc to the Petition Date.

The fee ranges for the firm's attorneys and paralegals that may
be designated to represent the Debtors and their current standard
hourly rates are:

          Evan D. Flaschen, Esq.,      US$1,050
          Robert G. Burns, Esq.          US$800
          Andrew J. Schoulder, Esq.      US$685
          Partners                       US$685 to US$1,050
          Associates                     US$315 to US$600
          Paralegal                      US$215 to US$255

The Debtors previously assured the Court that the firm is a
"disinterested person" within the meaning of Section 101(14) of
the Bankruptcy Code.

                         About Marco Polo

Marco Polo Seatrade B.V. operates an international commercial
vessel management company that specializes in providing
commercial and technical vessel management services to third
parties.  Founded in 2005, the Company mainly operates under the
name of Seaarland Shipping Management and maintains corporate
headquarters in Amsterdam, the Netherlands.  The primary assets
consist of six tankers that are regularly employed in
international trade, and call upon ports worldwide.

Marco Polo and three affiliated entities filed for Chapter 11
protection (Bankr. S.D.N.Y. Lead Case No. 11-13634) on July 29,
2011.  The other affiliates are Seaarland Shipping Management
B.V.; Magellano Marine C.V.; and Cargoship Maritime B.V.

Marco Polo is the sole owner of Seaarland, which in turn is the
sole owner of Cargoship, and also holds a 5% stake in Magellano.
The remaining 95% stake in Magellano is owned by Amsterdam-based
Poule B.V., while another Amsterdam company, Falm International
Holding B.V. is the sole owner of Marco Polo.  Falm and Poule
didn't file bankruptcy petitions.

The filings were prompted after lender Credit Agricole Corporate
& Investment Bank seized one ship on July 21, 2011, and was on
the cusp of seizing two more on July 29.  The arrest of the
vessel was authorized by the U.K. Admiralty Court.  Credit
Agricole also attached a bank account with almost US$1.8 million
on July 29.  The Chapter 11 filing precluded the seizure of the
two other vessels.

Evan D. Flaschen, Esq., Robert G. Burns, Esq., and Andrew J.
Schoulder, Esq., at Bracewell & Giuliani LLP, serve as bankruptcy
counsel.  The cases are before Judge James M. Peck.

Kurtzman Carson Consultants LLC is the claims and noticing agent.

The petition noted that the Debtors' assets and debt are both
more than US$100 million and less than US$500 million.


MSR RESORT: Reaches Bankruptcy Settlement With MetLife
-------------------------------------------------------
Roxanne Palmer at Bankruptcy Law360 reports that Paulson & Co.-
owned MSR Resort Golf Course LLC asked a New York bankruptcy court
on Friday to approve a key settlement with MetLife Inc. that would
allow MSR to retain control of its Chapter 11 proceedings.

MSR said in a motion that the MetLife settlement "allows the
debtors to pursue their value-maximizing initiatives without
having to wage a costly battle for control of these Chapter 11
cases," according to Law360.

                           About MSR Resort

MSR Hotels & Resorts, formerly known as CNL Hotels & Resorts Inc.,
owns a portfolio of eight luxury hotels with over 5,500 guest
rooms, including the Arizona Biltmore Resort & Spa in Phoenix, the
Ritz-Carlton in Orlando, Fla., and Hawaii's Grand Wailea Resort
Hotel & Spa in Maui.

On Jan. 28, 2011, CNL-AB LLC acquired the equity interests in the
portfolio through a foreclosure proceeding.  CNL-AB LLC is a joint
venture consisting of affiliates of Paulson & Co. Inc., a joint
venture affiliated with Winthrop Realty Trust, and affiliates of
Capital Trust, Inc.

Morgan Stanley's CNL Hotels & Resorts Inc. owned the resorts
before the Jan. 28 foreclosure.

Following the acquisition, five of the resorts with mortgage debt
scheduled to mature on Feb. 1, 2011, were sent to Chapter 11
bankruptcy by the Paulson and Winthrop joint venture affiliates.
MSR Resort Golf Course LLC and its affiliates filed for Chapter 11
protection (Bankr. S.D.N.Y. Lead Case No. 11-10372) in Manhattan
on Feb. 1, 2011.  The resorts subject to the filings are Grand
Wailea Resort and Spa, Arizona Biltmore Resort and Spa, La Quinta
Resort and Club and PGA West, Doral Golf Resort and Spa, and
Claremont Resort and Spa.

James H.M. Sprayregen, P.C., Esq., Paul M. Basta, Esq., Edward O.
Sassower, Esq., and Chad J. Husnick, Esq., at Kirkland & Ellis,
LLP, serve as the Debtors' bankruptcy counsel.  Houlihan Lokey
Capital, Inc., is the Debtors' financial advisor.  Kurtzman Carson
Consultants LLC is the Debtors' claims agent.

The five resorts had $2.2 billion in assets and $1.9 billion in
debt as of Nov. 30, 2010, according to court filings.  In its
schedules, debtor MSR Resort disclosed $59,399,666 in total assets
and $1,013,213,968 in total liabilities.


NEWPAGE CORP: U.S. Trustee Appoints 9-Member Creditors' Panel
-------------------------------------------------------------
Roberta A. DeAngelis, the United States Trustee for Region 3,
pursuant to 11 U.S.C. Sec. 1102(a) and (b), appointed nine
unsecured creditors to serve on the Official Committee of
Unsecured Creditors of NewPage Corporation.

The Creditors Committee members are:

      1. HSBC Bank USA, National Association
         ATTN: Sandra Horwitz
         10 East 40th Street, 14th Floor
         New York, NY 10016
         Tel: (212) 525-1358
         Fax: (212) 252-1366

      2. Deutsche Bank Trust Company Americas
         ATTN: Rodney Gaughan
         60 Wall Street, MS NYC 60-2710
         New York, NY 10005
         Tel: (212) 250-2935
         Fax: (212) 797-8610

      3. US Bank National Association
         ATTN: Timothy Sandell
         60 Livingston Avenue
         Saint Paul, MN 55107
         Tel: (651) 495-3959
         Fax: (651) 495-8100

      4. Alden Global Distressed Opportunities Master Fund, L.P.
         c/o Alden Global Capital,
         ATTN: Alex Zyngier
         885 3rd Avenue, 34th Floor
         New York, NY 10022
         Tel: (212) 888-5500
         Fax: (212) 751-9503

      5. Pension Benefit Guaranty Corporation
         ATTN: Darren Huff
         1200 K. Street NW
         Washington, DC 20005
         Tel: (202) 326-4070
         Fax: (202) 842-2643

      6. United Steelworkers
         ATTN: David Jury
         Five Gateway Center, Room 807
         Pittsburgh, PA 15222
         Tel: (412) 562-2545
         Fax: (412) 562-2574

      7. Eugene Davis, as Litigation Trustee for the Quebecor
         World Litigation Trust
         ATTN: Joseph L. Steinfeld, Jr.
         2600 Eagan Woods Drive, Suite 400
         St. Paul, MN 55121
         Tel: (651) 289-3850
         Fax: (651) 406-9676

      8. OMNOVA Solutions Inc.
         ATTN: Chet Fox
         175 Ghent Road
         Fairlawn, OH 44333,
         Tel: (330) 869-4279
         Fax: (330) 869-4210

      9. National Starch LLC
         ATTN: Larry Karr
         10 Finderne Avenue
         Bridgewater, NJ 08807
         Tel: (908) 685-5069

                    About NewPage Corporation

Headquartered in Miamisburg, Ohio, NewPage Corporation is the
leading producer of printing and specialty papers in North
America, based on production capacity, with $3.6 billion in net
sales for the year ended December 31, 2010.  The company's product
portfolio is the broadest in North America and includes coated
freesheet, coated groundwood, supercalendered, newsprint and
specialty papers.  These papers are used for corporate collateral,
commercial printing, magazines, catalogs, books, coupons, inserts,
newspapers, packaging applications and direct mail advertising.

NewPage owns paper mills in Kentucky, Maine, Maryland, Michigan,
Minnesota, Wisconsin and Nova Scotia, Canada.  These mills have a
total annual production capacity of approximately 4.1 million tons
of paper, including approximately 2.9 million tons of coated
paper, approximately 1.0 million tons of uncoated paper and
approximately 200,000 tons of specialty paper.

NewPage Corporation, along with affiliates, filed Chapter 11
bankruptcy protection (Bankr. D. Del. Lead Case No. 11-12804) on
Sept. 7, 2011.  Martin J. Bienenstock, Esq., Judy G.Z. Liu, Esq.,
and Philip M. Abelson, Esq., Dewey & Leboeuf LLP, in New York,
serve as counsel.  Laura Davis Jones, Esq., at Pachulski Stang
Ziehl & Jones LLP, in Wilmington, Delaware, serves as co-counsel.
Lazard Freres & Co. LLC is the investment banker, and FTI
Consulting Inc. is the financial advisor.  Kurtzman Carson
Consultants LLC is the claims and notice agent.  In its balance
sheet, the Debtors disclosed $3.4 billion in assets and $4.2
billion in total liabilities as of June 30, 2011.

Attorneys at Young Conaway Stargatt & Taylor, LLP, and Paul,
Hastings, Janofsky & Walker LLP, represent the Official Committee
of Unsecured Creditors.

Bill Rochelle, the bankruptcy columnist for Bloomberg News,
Said that NewPage Corp. prevailed over most objections from the
official creditors' committee and won agreement from the
bankruptcy judge on final approval for $600 million in secured
financing.

Moody's Investors Service assigned a Ba2 rating to the
$350 million first-out revolving debtor-in-possession credit
facility and a B2 rating to the $250 million second-out debtor-in-
possession term loan, collectively, the "DIP facilities", of
NewPage Corporation.


NASSAU BROADCASTING: Hearing Set for Oct. 12 on Chapter 11 Move
---------------------------------------------------------------
All Access reports that a hearing was set for Oct. 12, 2011, on
Nassau Broadcasting's motion to take the company into Chapter 11
voluntary bankruptcy rather than the Chapter 7 involuntary
bankruptcy sought by creditors.

Three secured lenders -- affiliates of Goldman Sachs Group Inc.,
Fortress Investment Group LLC and P.E. Capital LLC -- filed
involuntary Chapter 7 bankruptcy petitions (Bankr. D. Del. Case
No. 11-12934) on Sept. 15, 2011, against Nassau Broadcasting
Partners LP, the owner of 45 radio stations in the northeastern
U.S.  The lender group said in court papers that they are owed
$83.8 million secured by all of Nassau's property.  Involuntary
petitions were also filed against three affiliates of Nassau,
which is based in Princeton, New Jersey.  The lenders said the
stations aren't worth enough to pay them in full.


NATIONAL ENVELOPE: Nov. 8 Hearing on Final Exclusivity Extension
----------------------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that National Envelope Corp. for the last time is
requesting an extension of the exclusive right to file a
liquidating Chapter 11 plan.  A hearing is set for Nov. 8 to
consider the exclusivity motion.  If granted, no one else could
file a plan until Dec. 10.  By then, the company will have been in
bankruptcy for 18 months, the maximum Congress allows for
companies to retain exclusive plan-filing rights.

Mr. Rochelle reports that with most of the assets sold, the
company says it's looking for a buyer to take over a plant in
Union, New Jersey, along with attendant environmental liability.
NEC sold the business in September 2010 to Gores Group LLC under a
contract at an advertised price of $208 million, including cash of
$149.85 million.  NEC settled disputes with Gores over adjustments
in the price.

                          About NEC Holdings

Uniondale, New York-based National Envelope Corporation was the
largest manufacturer of envelopes in the world with 14
manufacturing facilities and 2 distribution centers and
approximately 3,500 employees in the U.S. and Canada.

NEC Holdings Corp., together with affiliates, including
National Envelope Inc., filed for Chapter 11 (Bankr. D. Del. Lead
Case No. 10-11890) on June 10, 2010.  Kara Hammond Coyle, Esq., at
Young Conaway Stargatt & Taylor LLP, serves as bankruptcy counsel
to the Debtors.  David S. Heller, Esq., at Josef S. Athanas, Esq.,
and Stephen R. Tetro II, Esq., at Latham & Watkins LLP, serve as
co-counsel.  The Garden City Group is the claims and notice agent.
Bradford J. Sandler, Esq., and Robert J. Feinstein, Esq., at
Pachuiski Stang Ziehl & Jones LLP, represent the Official
Committee of Unsecured Creditors.  Morgan Joseph & Co., Inc., is
the financial advisor to the Committee.  NEC Holdings estimated
assets and debts of $100 million to $500 million in its Chapter 11
petition.

In September 2010, National Envelope's key assets were bought in
a roughly $208 million deal by The Gores Group LLC, a West Coast
private equity firm that manages about $2.9 billion of capital.


N.L.C. UNITRUST: Files Chapter 11 Plan & Disclosure Statement
-------------------------------------------------------------
N.L.C. Unitrust Partners filed with the U.S. Bankruptcy Court for
the District of Delaware a Chapter 11 plan of reorganization and
an accompanying disclosure statement.

The Plan divides Claims and Interests into various separate
classes.  Under the Plan, there are four separate classes of
creditors and one class of Interest Holders, who hold the
membership interest of the Debtor.

Class 1 Priority Tax Claims and Class 2 Secured Claims are
impaired.  The Debtor does not believe that there are any Priority
Tax Claims and Secured Claims.

Class 3 Unsecured Claims are impaired.  Holders of Allowed Class 3
Claims will be paid, in full.  On the Effective Date, the Debtor
will pay to holders of Class 3 Allowed Claims $100,000, the source
of which will be funds recovered from Unicon Holding, Inc., an
entity that is indebted to the Debtor and which has agreed to pay
the amount to the Debtor on the Effective Date.  Thereafter,
Holders of Allowed Class 3 Claims will receive pro rata
distributions until paid in full.

Class 4 Liberty Ventures Partners II, LP Claim is impaired.
Pursuant to a prepetition limited partnership agreement, the
Debtor became obligated to, but was unable to, fund three separate
$1,500,000 capital contributions to the holder of the Class 4
claim.  The holder of the Class 4 claim will be paid, in full, in
this manner:

   a. On the Effective Date, the Debtor will pay to the holder of
      the Class 4 claims $750,000, the source of which will be
      funds recovered from Unicon Holding.

   b. The balance of the amount due to the holder of the Class 4
      claims, in the approximate amount of $3,750,000, will be
      paid from three separate sources as and when funds are
      available or made available to the Debtor, as the case may
      be.

The Debtor holds a limited partnership interest in a Philadelphia-
based private venture fund related to the holder of the Class 4
claims known as Liberty Ventures Partners I, L.P.  LVI is
obligated pursuant to the terms of its charter and existence to
immediately liquidate its holdings and make distribution to its
partners, including the Debtor.  As and when the Debtor becomes
entitled to any distribution, 70% of any distribution will be paid
to the holder of the Class 4 claims with the remainder being paid
to the Debtor.

To the extent that the holder of the Class 4 claims makes a
distribution to its partners, the Debtor will be entitled to a
distribution as if the Debtor were current with the holder of the
Class 4 claims.  Seventy percent of any distribution will be paid
to the holder of the Class 4 claims with the remainder being paid
to the Debtor.

The Debtor is a plaintiff in certain litigation pending in the
Court of Common Pleas of Philadelphia County against, among
others, its former fiduciaries.  The Debtor anticipates that it
will be successful in the litigation and will contribute 70% of
any recovery to the holder of the Class 4 claims with the
remainder being paid to the Debtor.

All payments received by or retained by the holder of the Class 4
claims will be applied, dollar for dollar, to reduce the balance
due to the holder of the Class 4 claims, in the approximate amount
of $3,750,000 until the Allowed amount of the claims of the holder
of the Class 4 claims is paid in full.  So long as the Allowed
amount of the claims of the holder of the Class 4 claims is paid
in full, no further payments will be due and owing by the Debtor
and any future distributions that are due to the Debtor will be
made to the Debtor.

Class 5 Interest Holders are not impaired.  After payment in full
of Class 3 and Class 4, Class 5 will be paid any and all remaining
assets and will retain all interests in the Debtor.

A full-text copy of the Disclosure Statement, dated Sept. 29, is
available for free at http://ResearchArchives.com/t/s?7728

Sedona, Arizona-based N.L.C. Unitrust Partners filed for Chapter
11 bankruptcy protection (Bankr. D. Del. Case No. 10-14074) on
Dec. 15, 2010.  The Debtor estimated its assets at $10 million to
$50 million and debts at $1 million to $10 million at the Petition
Date.  Ciardi Ciardi & Astin is retained as counsel to the Debtor.


OPEN RANGE: Wins Judge OK to Borrow $4M to Fund Ch. 11 Sale
-----------------------------------------------------------
Lance Duroni at Bankruptcy Law360 reports that U.S. Bankruptcy
Judge Kevin J. Carey on Tuesday approved a $4 million loan from
Open Range Communications Inc.'s private equity owner to keep the
rural broadband service provider's customers connected to the
Internet as it searches for a buyer to take on its assets.

Law360 relates that Judge Carey approved the interim portion of
the loan, which could be worth $6 million on final approval.

Greenwood Village, Colo.-based Open Range Communications Inc., a
provider of wireless broadband services to 26,000 rural customers
in 12 states, filed a Chapter 11 petition (Bankr. D. Del. Case No.
11-13188) on Oct. 6, 2011, to either sell the business or shut
down and liquidate.  Open Range listed about $114 million in
assets and $110 million in debts.  Open Range started its WiMax
broadband and voice service in late 2009, backed by a $267 million
loan from the U.S. Department of Agriculture?s Rural Utility
Service and $100 million invested by One Equity Partners, a
financing arm of JPMorgan Chase & Co.

Judge Kevin J. Carey presides over the case.  Marion M. Quirk,
Esq., at Cole, Schotz, Meisel, Forman & Leonard, serves as
bankruptcy counsel.  Logan & Co. serves as claims agent.  The
petition was signed by Chris Edwards, chief financial officer.


OUTSOURCE HOLDINGS: Plan Subordinates 2009 Noteholders' Claims
--------------------------------------------------------------
Outsource Holdings, Inc., filed with the U.S. Bankruptcy Court for
the Northern District of Texas, Fort Worth Division, a Chapter 11
plan of reorganization and an explanatory disclosure statement.

The Debtor has caused all outstanding stock of Jefferson Bank to
be merged with First Bank & Trust pursuant to an acquisition
agreement.  The Plan provides for the distribution of the net
proceeds from that transaction to holders of Allowed Claims.
Under the Plan, Allowed Administrative Claims will be paid in
full.  After payment of these Claims, the Debtor estimates there
will be between $1.3 million and $6.3 million in funds available
for distribution.

Creditors in Classes 1 (Allowed Claim of Keefe, Bruyette & Woods,
Inc.), 2 (Allowed Claims of 2010 Noteholders), 3 (Allowed Claims
of TRUPs Holders), and 4 (Allowed Claims of the 2009 Noteholders)
are impaired under the Plan and are eligible to vote to accept or
reject the Plan.  Class 5 Claims (Allowed Equity Interests) will
not receive any distributions under the Plan.  Accordingly,
holders of Allowed Equity Interests are conclusively presumed to
have rejected the Plan and are not entitled to vote to accept or
reject the Plan.

KBW will receive cash from the initial proceeds equal to $100,000.
Each holder of an Allowed Class 2 Claim will receive cash from the
initial proceeds equals to the principal portion of the claimant's
allowed Class 2 claim.  The aggregate payment to be made to Class
2 Claimants pursuant to the Plan is estimated to be $200,000.

Class 3 Claims will be deemed senior to Class 4 Claims to the
extent of the agreed TRUPs Distribution.  All existing Equity
Interests in the Debtor will be canceled and Class 3 Claimants
will be issued a Pro Rata Share of Equity Interests in the
Reorganized Debtor.  TRUPs Holders are the statutory trust holding
notes issued by the Debtor in the approximate amount of $5
million, which has, in turn, issued trust preferred securities to
various persons.

A full-text copy of the Disclosure Statement, dated Oct. 3, is
available for free at http://ResearchArchives.com/t/s?7725

                     About Outsource Holdings

Lubbock, Texas-based Outsource Holdings, Inc.'s only significant
asset was its ownership of all of the outstanding capital stock of
Jefferson Bank, which is a state bank with five branch locations
in the Dallas/Fort Worth metroplex.

Outsource Holdings filed for Chapter 11 bankruptcy protection
(Bankr. N.D. Tex. Case No. 11-41938) on April 3, 2011.  Jeff P.
Prostok, Esq., at Forshey & Prostok, L.L.P., in Fort Worth, Tex.,
serves as Outsource Holdings' bankruptcy counsel.  The Debtor also
tapped Commerce Street Capital, LLP, as investment banker and
financial advisor, Fenimore, Kay, Harrison & Ford, LLP as special
transaction and regulatory counsel.  The Debtor disclosed
$10,571,121 in assets and $13,887,431 in liabilities as of the
Chapter 11 filing.

Anthony J. Pacchia was appointed as Chapter 11 examiner in the
Debtor's case.  The examiner tapped Cole, Schotz, Meisel, Forman &
Leonard, P.A., as counsel and Traxi, LLC, as financial advisors.

No creditors' committee has been appointed in the case.


PAUL BRENNEKE: Has Until Dec. 6 to Propose Plan of Reorganization
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Oregon extended
until Dec. 6, 2011, Paul Brenneke Qualified Personal Residence
Trust UDT's deadline to file a plan of reorganization and an
explanatory disclosure statement.

     About Paul Brenneke Qualified Personal Residence Trust UDT

Z&A Irrevocable Trust UDT, Elene Dunavan, Jones Dave D&J
Remodeling, and Victor Le Nettoyeur LLC filed for Involuntary
Chapter 11 protection for Portland, Oregon-based Paul Brenneke
Qualified Personal Residence Trust UDT (Bankr. D. Ore. Case No.
11-31975) on March 14, 2011.  Judge Trish M. Brown presides over
the case.  The petitioners are represented by Robert S. Simon,
Esq. at Robert S. Simon P.C.

According to the Debtor's docket, on Aug. 8, 2011, the Court
entered an order for relief and designating person to perform
duties of Debtor.  The Debtor disclosed $6,268,271 in assets and
$5,600,263 in liabilities as of the Chapter 11 filing.  Ted A.
Troutman at The Law Firm of Muir & Troutman represents the Debtor
in its restructuring effort.

The U.S. Trustee for Region 18 notified the U.S. Bankruptcy Court
for the District of Oregon that he is unable to appoint an
official committee of unsecured creditors in the Chapter 11 case
of Paul Brenneke Qualified Personal Residence Trust UDT.

The U.S. Trustee explains that he has not received a sufficient
number of creditors willing to serve on a committee.


PEARLAND SUNRISE: C-III Assets Wants Plan Confirmation Denied
-------------------------------------------------------------
C-III Asset Management LLC, as special servicer for the Note
Holders, asks the U.S. Bankruptcy Court for the Western District
of Texas to deny the confirmation of Pearland Sunrise Lake Village
I, LP's Chapter 11 Plan.

C-III asserts that plan confirmation must be denied because, among
other things:

   -- it is not feasible;

   -- it is not fair and equitable under section 1129(b) of the
   Bankruptcy Code; and

   -- it violates the absolute-priority rule.

As reported in the Troubled Company Reporter on Sept. 15, 2011,
the Debtor filed a plan of reorganization as modified on Aug. 19,
2011.  Among other things, the modified plan designates 10 classes
of claims and interests as compared to 11 classes in the original
plan dated Nov. 30, 2010.  The class on administrative convenience
class has been eliminated.

As related by the TCR on Aug. 29, 2011, the Bankruptcy Court
approved on Aug. 10 the Debtor's First Amended Disclosure
Statement dated Aug. 8, 2011, describing the Plan.

The Plan will attempt to repay the Debtor's creditors in full
through the continued operation of the Debtor's real property, use
of the "Registry Funds" that was placed into the Debtor's DIP
account, and the possible recovery of other funds related to the
"Nationwide Lawsuit".

As reported by the TCR on Feb. 2, 2011, the salient terms of the
Plan are:

  (1) Holders of administrative claims and priority claims will
      be paid in full on the effective date of the Plan;

  (2) Holders of secured claims will be paid over time;

  (3) Holders of unsecured claims will be paid the allowed
      amounts of their claims pro-rata in 60 equal installments
      beginning on the Effective Date; and

  (4) Partnership interests held by the general and limited
      partners of the Debtor will be retained, but will not re-
      vest until all other Allowed Claims have been paid in full.

A full-text copy of the Plan, as modified on Aug. 19, is available
for free at:

        http://bankrupt.com/misc/PEARLAND_DSAug19.PDF

C-III is represented by:

         Eli O. Columbus, Esq.
         Erik Weiting Hsu, Esq.
         WINSTEAD PC
         5400 Renaissance Tower
         1201 Elm Street
         Dallas, TX 75270-2199
         Tel: (214) 745-5400
         Fax: (214) 745-5390

             About Pearland Sunrise Lake Village I, LP

Marble Falls, Texas-based Pearland Sunrise Lake Village I, LP, dba
SRLVI, filed for Chapter 11 bankruptcy protection on July 9, 2010
(Bankr. W.D. Tex. Case No. 10-11926).  Frank B. Lyon, Esq., who
has an office in Austin, Texas, represents the Debtor.  The
Company estimated assets and debts at $10 million to $50 million.

The Company's affiliate, Pearland Sunrise Lake Village II, LP, dba
SRLVII, filed a separate Chapter 11 petition on July 9, 2010 (Case
No. 10-11925), estimating assets and debts at $10 million to $50
million.


PENINSULA HOSPITAL: Creditors' Panel Retains Arent Fox as Counsel
-----------------------------------------------------------------
The Official Committee of Unsecured Creditors of Peninsula
Hospital Center asks permission from the U.S. Bankruptcy Court for
the Eastern District of New York to retain Arent Fox LLP as its
attorneys, nunc pro tunc to Sept. 26, 2011.

Upon retention, the firm will, among other things:

   a. assist, advise, and represent the Committee in its
      consultation with the Debtors relative to the administration
      of the Chapter 11 cases;

   b. assist, advise, and represent the Committee in analyzing
      the Debtors' assets and liabilities, investigating the
      extent and validity of liens and participating in and
      reviewing any proposed asset sales or dispositions; and

   c. attend meetings and negotiate with the representatives of
      the Debtors and secured creditors.

The firm's rates are:

    Personnel              Rates
    ---------              -----
    Partners             $500 - $835
    Of Counsel           $480 - $795
    Associates           $290 - $540
    Paraprofessionals    $155 - $285

Robert M. Hirsh, Esq. -- hirsh.robert@arentfox.com -- a partner in
Arent Fox's Bankruptcy and Financial Restructuring Group, attests
that Arent Fox is a "disinterested person" as defined in Section
101(14) of the Bankruptcy Code.

                      About Peninsula Hospital

Wayne S. Dodakian, Vinod Sinha, and Shannon Gerardi filed an
involuntary Chapter 11 bankruptcy protection against Peninsula
Hospital Center -- http://www.peninsulahospital.org/-- (Bankr.
E.D.N.Y. Case No. 11-47056) on Aug. 16, 2011.  Judge Elizabeth S.
Stong presides over the case.  Marilyn Cowhey Macron, Esq., Macron
& Cowhey, represents the petitioners.

Peninsula Hospital Center and Peninsula General Nursing Home
Corp., employed Alvarez & Marsal Healthcare Industry Group, LLC,
as financial advisors.  The Hospital employed Abrams Fensterman et
al. as their attorneys.  Judge Stong appointed Daniel T. McMurray
at Focus Management Group as patient care ombudsman.

Tracy Hope Davis, the United States Trustee for Region 2,
appointed five unsecured creditors to serve on the Official
Committee of Unsecured Creditors of Peninsula Hospital Center.


PERKINS & MARIE: Seeks Plan Exclusivity Until Jan. 9
----------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that Perkins & Marie Callender's Inc. moved this week for
an extension of its exclusive right to propose a reorganization,
just in case the restaurant owner isn't able to win approval of
the Chapter 11 plan at an Oct. 31 confirmation hearing.  If
approved by the bankruptcy court in Delaware, the new plan-filing
deadline would be pushed back 90 days to Jan. 9.

                 About Perkins & Marie Callender's

Based in Memphis, Tennessee, Perkins & Marie Callender's Inc., fka
The Restaurant Company, is the owner or franchiser of nearly 600
family-dining restaurants, the Perkins Restaurants and Marie
Callender's.  Perkins & Marie and several affiliates filed for
Chapter 11 bankruptcy (Bankr. D. Del. Lead Case No. 11-11795) on
June 13, 2011.  Perkins & Marie disclosed $290 million in assets
and $441 million in debt as of the Chapter 11 filing.

Judge Kevin Gross presides over the case.  Robert S. Brady, Esq.,
and Robert F. Poppiti, Jr., Esq., at Young, Conaway, Stargatt &
Taylor, LLP; and Mitchel H. Perkiel, Esq., Hollace T. Cohen, Esq.,
and Brett D. Goodman, Esq., at Troutman Sanders, LLP, serve as
bankruptcy counsel.  The Debtors' financial advisors are Whitby,
Santarlasci & Company.  Their claims agent is Omni Management
Group, LLC.  Deloitte Tax LLP serves as tax services provider.

DIP lender Wells Fargo is represented by lawyers at Paul,
Hastings, Janofsky & Walker LLP.

Roberta A. DeAngelis, U.S. Trustee for Region 3, appointed seven
unsecured creditors to serve on the Official Committee of
Unsecured Creditors in the Debtors' cases.  Ropes & Gray LLP
represents the Committee.


PHILADELPHIA ORCHESTRA: Wants to Hire Grant Thornton as Advisor
---------------------------------------------------------------
The Philadelphia Orchestra and its affiliates ask the U.S.
Bankruptcy Court for authorization to retain and employ Grant
Thornton LLP as tax advisor and auditor, nunc pro tunc to
May 26, 2011.

Prior to the Petition Date, Grant Thornton provided tax, financial
compilation, and audit services to the Debtors.  These services
have generally related to financial processes and controls related
to the Debtors? operations and preparation of quarterly and annual
financial statements.

As a consequence, Grant Thornton is intimately familiar with the
complex financial issues that have arisen and are likely to arise
in connection with the Debtors? continued operation.  In addition,
Grant Thornton is also intimately familiar with the financial
issues that have arisen and are likely to arise in connection with
performing attest work on the Debtors? books and records.  Grant
Thornton has extensive experience and expertise in tax preparation
and providing attest services, which are the services that the
Debtors continue to seek from Grant Thornton.  As such, the
Debtors submit that Grant Thornton is well-qualified and uniquely
able to provide the tax preparation and attest services sought by
the Debtors on a going-forward basis.

The Debtors seek to retain Grant Thornton to advise the Debtors
and their management with respect to these matters:

     a. Completion of the audit of the financial statements for
        the year ended August 31, 2010, for the Philadelphia
        Orchestra Association;

     b. Completion of the audit of the financial statements for
        the year ended August 31, 2010, for The Academy of Music;

     c. Preparation of the Form 990 for the Philadelphia Orchestra
        Association for the year ended August 31, 2010;

     d. Preparation of the Form 990 for The Academy of Music for
        the year ended August 31, 2010.

Grant Thornton will be compensated $10,814.61 for the completion
of the Philadelphia Orchestra services and $5,872 for the Academy
of Music services, which are discounted at a rate of 50%.  Prior
to the petition date, $23,935 was billed, but not paid, for work
performed in conjunction with these services, and $3,885 was
incurred pre-bankruptcy but not billed.  The last payments Grant
Thornton received from the debtors were on Jan. 19 and 26, 2011.

Additional compensation will be payable to Grant Thornton on an
hourly basis, plus reimbursement of actual, necessary expenses
incurred by Grant Thornton for special tax services, which include
representation before the IRS, special research and/or opinion
letter preparation.

Grant Thornton will charge these discounted hourly rates for other
tax compliance and audit-related services assessed to the Debtors:

         Partners                     $225-$395
         Senior Managers              $158-$330
         Managers $                   $310
         Senior Associates            $112.5-$210
         Associates                   $165
         Clerical Staff               $32-$68

Cosmo Saginario, a Partner with Grant Thornton LLP, states that
his firm does not represent or hold any interest adverse to the
Debtors or their estates with respect to the matters for which
Grant Thornton is to be employed.  Further, Grant Thornton does
not have any connection with any creditor or other party-in-
interest, or their respective attorneys or accountants, or the
U.S. Trustee or any of its employees.

The firm can be contacted at:

         Cosmo Saginario
         GRANT THORNTON LLP
         Two Commerce Square, 2001 Market Street
         Philadelphia, Pennsylvania 19103
         Tel: (215) 561-4200
         Fax: (215) 561-1066

                  About The Philadelphia Orchestra

The Philadelphia Orchestra -- http://www.philorch.org/-- claims
to be among the world's leading orchestras. Bloomberg News says
the orchestra became the first major U.S. symphony to file for
bankruptcy protection, surprising the music world.

Previous conductors include Fritz Scheel (1900-07), Carl Pohlig
(1907-12), Leopold Stokowski (1912-41), Eugene Ormandy (1936-80),
Riccardo Muti (1980-92), Wolfgang Sawallisch (1993-2003), and
Christoph Eschenbach (2003-08). Charles Dutoit is currently chief
conductor, and Yannick Nezet-Seguin has assumed the title of music
director designate until he takes up the baton as The Philadelphia
Orchestra's next music director in 2012.

The Philadelphia Orchestra Association, The Academy of Music of
Philadelphia, Inc., and Encore Series, Inc., filed separate
Chapter 11 petitions (Bankr. E.D. Pa. Case Nos. 11-13098 to
11-13100) on April 16, 2011. Judge Eric L. Frank presides over
the case. The Philadelphia Orchestra Association is being advised
by Dilworth Paxson LLP, its legal counsel, and Alvarez & Marsal,
its financial advisor. Curley, Hessinger & Johnsrud serves as its
special counsel. Philadelphia Orchestra disclosed $15,950,020 in
assets and $704,033 in liabilities as of the Chapter 11 filing.

Encore Series, Inc., tapped EisnerAmper LLP as accountants and
financial advisors.

Roberta A. DeAngelis, the U.S. Trustee for Region 3, appointed
seven members to the official committee of unsecured creditors in
the Debtors' case. Reed Smith LLP serves as the Committee's
counsel.


QUALTEQ INC: Real Property Debtors Can Access Cash Collateral
-------------------------------------------------------------
Upon the motion of Qualteq, Inc., et al., the U.S. Bankruptcy
Court for the District of Delaware has entered an amended interim
order authorizing the Real Property Debtors and Anar Real Estate,
LLC, to use cash collateral pursuant to their respective budgets,
pending a final hearing on the motion.

The Real Property Debtors are:

     * 1400 Centre Circle, LLC
     * 5200 Thatcher,LLC
     * 5300 Katrine, LLC
     * Avadamma LLLC
     * Creative Investments, a General Partnership
     * Veluchamy LLC

Each Debtor may use cash collateral in an amount equal to up to
15% more than a particular corresponding "category" in its
respective budget, measured on a cumulative, weekly basis,
provided that cash collateral is available.

In addition to the Lenders' security interests, as adequate
protection for and to secure the payment of an amount equal to any
diminution in the value of their collateral, each Real Property
Debtor grants to its respective Lenders, security interests in and
liens upon all personal property assets of the Real Property
Debtors, and the proceeds thereof, (but non including any causes
of action arising under the Bankruptcy Code), senior to any other
security interests, subject only to (a) valid prepetition liens
which are senior to Lenders' respective liens as of the Petition
Date, (b) the payment of U.S. Trustee's fees, (c) the amount of
professional fees and disbursements accrued but unpaid as of the
date of the termination of the Debtors' use of cash collateral.

                        About QualTeq Inc.

South Plainfield, New Jersey-based QualTeq, Inc., engages in the
design, manufacture, and personalization of plastic cards in the
United States.  The company manufactures magnetic, contact, and
dual interface smart cards.

Qualteq Inc. and 17 affiliated companies filed for Chapter 11
bankruptcy protection (Bankr. D. Del. Lead Case No. 11-12572) on
Aug. 14, 2011.  Eric Michael Sutty, Esq., and Jeffrey M. Schlerf,
Esq., at Fox Rothschild LLP, serve as local counsel to the
Debtors.  K&L Gates LLP is the general bankruptcy counsel.
Scouler & Company is the restructuring advisors.  QualTeq
estimated assets of up to $50 million and debts of up to
$100 million as of the Chapter 11 filing.

Roberta A. DeAngelis, U.S. Trustee for Region 3, appointed four
unsecured creditors to serve on the Official Committee of
Unsecured Creditors of QualTeq, Inc.


R.E. LOANS: Court Determines Bankruptcy Cases as Complex Cases
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas has
designated the Chapter 11 cases of R.E. Loans, LLC, R.E. Future,
LLC, and Capital Salvage, as complex cases.

After review of the initial pleadings filed, the Court ordered
that:

   1. The Debtors will maintain a service list identifying the
   parties that must be served whenever a motion or other pleading
   requires notice.  Unless otherwise required by the Bankruptcy
   Code or Bankruptcy Rules, notices of motions and other matters
   will be limited to the parties on the service list.

   2. The Court sets these schedule for pre-set hearing for all
   motions and other matters in these cases:

         Oct. 6, 2011, at 9:15 a.m.
         Oct. 20, 2011, at 9:15 a.m.
         Nov. 2, 2011, at 9:00 a.m.
         Dec. 6, 2011, at 9:15 a.m.
         Jan 3, 2012, at 9:15 a.m.
         Feb. 7, 2012, at 9:15 a.m.
         March 6, 2012, at 9:15 a.m.
         April 3, 2012, at 9:15 a.m.

   Settings for these months will be published by the Court no
   later than 30 days prior to the first hearing date in the said
   months.

                         About R.E. Loans

R.E. Loans LLC was, for many years, in the business of providing
financing to home builders and developers of real property.  R.E.
Future LLC and Capital Salvage own the real property obtained
following foreclosure proceedings initiated by R.E. Loans against
its borrowers.  R.E. Loans is the sole shareholder of Capital
Salvage and the sole member of R.E. Future.  B-4 Partners LLC is
the sole member of R.E. Loans.  As a result of the multiple
defaults by R.E. Loans' borrowers, R.E. Loans has transitioned
from being a lender to becoming a property management company.

Lafayette, California-based R.E. Loans, R.E. Future and Capital
Salvage filed for Chapter 11 bankruptcy (Bankr. N.D. Tex. Case
Nos. 11-35865, 11-35868 and 11-35869) on Sept. 13, 2011.  Judge
Barbara J. Houser presides over the case.  Stutman, Treister &
Glatt and Gardere, Wynne and Sewell, represent the Debtors as
counsel.  James A. Weissenborn at Mackinac serves as R.E. Loans'
Chief Restructuring Officer.  In its petition, R.E. Loans
estimated $100 million to $500 million in assets and debts.

William T. Neary, the U.S. Trustee for Region 6, appointed 12
members to the Official Committee of Noteholders of R.E. Loans
LLC.


REAL MEX: Court OKs Epiq as Claims, Noticing & Balloting Agent
--------------------------------------------------------------
Real Mex Restaurants, Inc., sought and obtained permission from
the U.S. Bankruptcy Court for the District of Delaware to employ
Epiq Bankruptcy Solutions LLC as the official claims, noticing and
balloting agent.

Upon retention, the firm will, among other things:

  1. notify all potential creditors of the filing of the
     chapter 11 petitions discussed herein and of the setting of
     the first meeting of creditors, pursuant to section 341(a) of
     the Bankruptcy Code;

  2. file affidavits of service for all mailings, including a
     copy of each notice, a list of persons to whom such notice
     was mailed, and the date mailed; and

  3. assist the Debtors with administrative tasks in the
     preparation of their bankruptcy Schedules and Statements and
     monthly operating reports.

Joseph N. Wharton -- jwharton@epiqsystems.com -- Vice President of
Epiq, is a "disinterested person" as that term is defined in
section 101(14) of the Bankruptcy Code.

The Debtors have provided to pay Epiq a $25,000 retainer to be
applied first to pre-petition fees and expenses incurred in
connection with their cases and then to subsequent bills that will
be sent to the Debtors by Epiq for post-petition fees and
expenses.

                          About Real Mex

Based in Cypress, California, Real Mex Restaurants, Inc., owns and
operates restaurants, primarily through its major subsidiaries El
Torito Restaurants, Inc., Chevys Restaurants, LLC, and Acapulco
Restaurants, Inc.  It has 178 restaurants, with 149 in California.
There are also 30 franchised locations. It acquired Chevys Inc.
for $90 million through confirmation of Chevy's Chapter 11 plan in
2004.

Real Mex Restaurants and 16 of its affiliates filed for Chapter 11
bankruptcy protection (Bankr. D. Del. Case Nos. 11-13122 to
11-13138) on Oct. 4, 2011.  Judge Brendan Linehan Shannon oversees
the case.  Judge Peter Walsh was initially assigned to the case.

The Debtors are represented by Mark Shinderman, Esq., Fred
Neufeld, Esq., and Haig M. Maghakian, Esq., at MILBANK, TWEED,
HADLEY & McCLOY LLP; and Laura Davis Jones, Esq., and Curtis A.
Helm, Esq., at PACHULSKI STANG ZIEHL & JONES LLP as counsel.  The
Debtors' financial advisors are Imperial Capital, LLC.  The
Debtors' claims, noticing, soliciting and balloting agent is Epiq
Bankruptcy Solutions, LLC.

Assets are $272.2 million while debt totals $250 million,
according to the Chapter 11 petition.  The petitions were signed
by Richard P. Dutkiewiez, chief financial officer and executive
vice president.

Counsel to GE Capital Corp., the DIP Agent and the Prepetition
First Lien Secured Agent, are Jeffrey G. Moran, Esq., and Peter P.
Knight, Esq., at LATHAM & WATKINS LLP; and Kurt F. Gwynne, Esq.,
at REED SMITH LLP as counsel.

Counsel to the Prepetition Secured Second Lien Trustee are Mark F.
Hebbeln, Esq., and Harold L. Kaplan, Esq., at FOLEY & LARDNER LLP.

Counsel to the Majority Prepetition Second Lien Secured
Noteholders are Adam C. Harris, Esq., and David M. Hillman, Esq.,
at SCHULTE ROTH & ZABEL LLP; and Russell C. Silberglied, Esq., at
RICHARDS LAYTON & FINGER.

Z Capital Management LLC, which holds nearly 70% of the Opco term
loan, is represented by Derek C. Abbott, Esq., and Chad A. Fights,
Esq., at MORRIS NICHOLS ARSHT & TUNNELL LLP; and Lee R. Bogdanoff,
Esq., and Whitman L. Holt, Esq., at KLEE TUCHIN BOGDANOFF & STERN
LLP.


SBARRO INC: Court Approves Disclosure Statement
-----------------------------------------------
BankruptcyData.com reports that the U.S. Bankruptcy Court approved
Sbarro, Inc.'s Disclosure Statement related to the Company's First
Amended Joint Chapter 11 Plan of Reorganization.

As reported in the Troubled Company Reporter on Oct. 10, 2011,
Sbarro, Inc., along with its domestic subsidiaries and affiliates,
announced has filed an Amended Disclosure Statement and related
Amended Plan of Reorganization with the U.S. Bankruptcy Court for
the Southern District of New York.

The Company is pursuing an improved version of the plan of
reorganization sponsored by certain of its first lien lenders that
was originally filed in early August.  Under the Amended Plan,
Sbarro will significantly reduce its total debt and expects to
emerge with approximately $110 million in net debt, and the
Company's prepetition first lien lenders will become the new
owners of the business by converting the majority of their debt to
equity.  Notably, the first lien lender sponsors have agreed to
provide the Company with new money commitments of up to $35
million, which will provide significant additional liquidity for
the Company's post-emergence operations.  The amended plan has the
support of all of Sbarro's key stakeholders, including the
unsecured creditors committee.

Nicholas McGrane, Interim President and Chief Executive Officer of
Sbarro, said, "The amended plan is a positive development for
Sbarro that will allow the Company to emerge from bankruptcy in
the very near term with significantly reduced debt.  The plan also
provides the Company with approximately $35 million of new capital
to continue our turnaround effort, which has already increased
same store sales year-to-date, including continued improvement in
the third quarter.  In addition, through this process, the Company
has been able to improve lease terms at a number of locations and
close some underperforming restaurants.  We appreciate the support
of our first lien lenders and believe the ample liquidity they
have provided -- combined with our reduced debt and operating
expenses -- will position Sbarro for accelerated growth going
forward."

Key terms of the Amended Plan include:

-- Converting up to $35 million of loans outstanding under
   Sbarro's DIP Facility into new first-out rollover term loans,
   which together with the new money term loans of up to $35
   million will comprise the "First-Out Exit Term Loan Facilities"
   of the reorganized company.

-- Converting a portion of the Prepetition First Lien Credit
   Facility into a $75 million "last-out" exit term facility;

-- Converting the remaining approximately $100 million in secured
   indebtedness outstanding under the Prepetition First Lien
   Credit Facility into substantially all of the common equity of
   Reorganized Sbarro; and

-- Eliminating all other outstanding debt.

   Importantly, the exit financing package provided by the first
   lien lenders allows the Company to exit bankruptcy in the
   fourth quarter with significant cash interest coverage.  As the
   Company enters the fourth quarter -- historically its busiest
   period -- it expects to be able to generate positive cash flow
   before year-end, resulting in net leverage below $100 million
   and expected liquidity of approximately $40 million by the end
   of 2011.

The Court scheduled a Nov. 17, 2011, confirmation hearing.

                         About Sbarro Inc.

The Sbarro family started its business after moving to Brooklyn,
New York, from Naples, Italy, in 1956.  Today Sbarro is a leading,
global Italian quick service restaurant concept with approximately
5,170 employees, 1,045 restaurants throughout 42 countries, and
annual revenues in excess of $300 million.

Sbarro Inc. sought bankruptcy protection under Chapter 11 (Bankr.
S.D.N.Y. Lead Case No. 11-11527) to eliminate about $200 million
in debt.  The Debtor disclosed $51,537,899 in assets and
$460,975,646 in liabilities as of the Chapter 11 filing.

Sbarro said it has reached an agreement with all of its second-
lien secured lenders and approximately 70% of its senior
noteholders on the terms of a reorganization plan that will
eliminate more than half of the Company's total indebtedness.

Edward Sassower, Esq., and Nicole Greenblatt, Esq., at Kirkland &
Ellis, LLP, serve as the Debtors' general bankruptcy counsel.
Rothschild, Inc., is the Debtors' investment banker and financial
advisor.  PriceWaterhouseCoopers LLP is the Debtors' bankruptcy
consultants.  Marotta Gund Budd & Dzera, LLC, is the Debtors'
special financial advisor.  Curtis, Mallet-Prevost, Colt & Mosle
LLP serves as the Debtors' conflicts counsel.  Epiq Bankruptcy
Solutions, LLC, is the Debtors' claims agent.  Sard Verbinnen & Co
is the Debtors' communications advisor.


SEAHAWK DRILLING: Plan of Reorganization Declared Effective
-----------------------------------------------------------
Seahawk Drilling, Inc., et al., notified the U.S. Bankruptcy Court
for the Southern District of Texas that the effective date of
their First Amended Joint Plan of Reorganization (as modified and
supplemented through Sept. 27, 2010) occurred on Oct. 4, 2011.

The Plan have been satisfied or waived with the consent of both
the Official Committee of Unsecured Creditors and the Official
Committee of Equity Security Holders.

The Liquidating Trustee appointed under the Plan is:

         Eugene I. Davis
         PIRINATE Consulting Group, LLC
         5 Canoe Brook Drive
         Livingston, NJ 07039
         Tel: (973) 533-9027
         Fax: (973) 535-1843
         E-mail: GeneDavis@pirinateconsulting.com

As reported in the Troubled Company Reporter on Oct. 11, 2011,
Seahawk Drilling Inc. sold its 20 shallow-water jackup rigs for
$155 million and implemented a liquidating Chapter 11 plan that
the bankruptcy judge in Corpus Christi, Texas approved in a
Sept. 28 confirmation order.  The plan was designed to pay
creditors in full.  Hercules Offshore Inc. bought the business in
April for $25 million cash plus 22.3 million of its shares.  Based
on the closing price for the stock at the time, the total came to
$155 million.

Previously, the Hon. Richard S. Schmidt approved stipulation and
agreed order resolving objections to plan confirmation and proofs
of claim filed by Hercules Offshore, Inc., and SD Drilling LLC.

Under the stipulation entered among the Debtors, Hercules Offshore
and SD Drilling:

   -- the Debtors will revise the Plan to incorporate the release
   provision;

   -- the Debtors will assume the APA as an executory contract.
   In connection with such assumption, the Debtors will (i) pay
   $21,321 to Evans Enterprises Inc., as the cure of existing
   monetary defaults under the APA; and (ii) deliver their books
   and records to purchasers in accordance with the APA.

A copy of the stipulation is available for free at:

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

A copy of the final Chapter 11 plan, as confirmed, is available
for free at:

                       http://is.gd/ej4rHv

A copy of the order confirming the Plan is available for free at:

                       http://is.gd/4helXo

                      About Seahawk Drilling

Houston, Texas-based Seahawk Drilling, Inc., engages in a jackup
rig business in the United States, Gulf of Mexico, and offshore
Mexico.  It offers rigs and drilling crews on a day rate
contractual basis.

The Company and several affiliates filed for Chapter 11 bankruptcy
protection (Bankr. S.D. Tex. Lead Case No. 11-20089) on Feb. 11,
2011.  Berry D. Spears, Esq., and Jonathan C. Bolton, Esq., at
Fullbright & Jaworkski L.L.P., in Houston, serve as the Debtors'
bankruptcy counsel.  Shelby A. Jordan, Esq., and Nathaniel Peter
Holzer, Esq. at Jordan, Hyden, Womble, Culbreth & Holzer, P.C., in
Corpus Christi, Texas, serve as the Debtors' co-counsel.  Alvarez
and Marsal North America, LLC, is the Debtors' restructuring
advisor.  Simmons & Company International is the Debtors'
transaction advisor.  Kurtzman Carson Consultants LLC is the
Debtors' claims agent.  Judy A. Robbins, U.S. Trustee for
Region 7, appointed three creditors to serve on an Official
Committee of Unsecured Creditors of Seahawk Drilling Inc. and its
debtor-affiliates.  Heller, Draper, Hayden, Patrick & Horn,
L.L.C., represents the creditors committee.

In its amended schedules, Seahawk Drilling disclosed $208,190,199
in assets and $438,458,460 in liabilities as of the petition date.

Seahawk filed for Chapter 11 protection to complete the sale of
all assets to Hercules Offshore, Inc.  As reported by the Troubled
Company Reporter on April 11, 2011, the Bankruptcy Court approved
an Asset Purchase Agreement between Hercules Offshore and its
wholly owned subsidiary, SD Drilling LLC, and Seahawk Drilling,
pursuant to which Seahawk agreed to sell to Hercules, and Hercules
agreed to acquire from Seahawk, all 20 of Sellers' jackup rigs and
related assets, accounts receivable and cash and certain
liabilities of Sellers in a transaction pursuant to Section 363 of
the U.S. Bankruptcy Code.  The deal was valued at about $176
million when it received court approval.

The purchase price for the acquisition will be funded by the
issuance of roughly 22.3 million shares of Hercules Offshore
common stock and cash consideration of $25 million, which will be
used primarily to pay off Seahawk's Debtor-in-Possession
loan.  The number of shares of Hercules Offshore common stock to
be issued will be proportionally reduced at closing, based on a
fixed price of $3.36 per share, if the outstanding amount of the
DIP loan exceeds $25 million, with the total cash consideration
not to exceed $45 million.  The deal closed on April 27, 2011.


SHAMROCK-SHAMROCK INC: Friends Bank Has Deal on Adeq. Protection
----------------------------------------------------------------
Friends Bank asks the U.S. Bankruptcy Court for the Middle
District of Florida to approve a settlement agreement and
stipulation for adequate protection entered among Shamrock-
Shamrock, Inc., and Patrick Sullivan.

Friends Bank has filed a motion for relief from automatic stay
with respect to 12 parcels of real estate owned by the Debtor and
secured by first mortgages, all of the mortgages and the
promissory notes were personally guarantied by Mr. Sullivan.
Mr. Sullivan is the principal shareholder and officer of the
Debtor.

On Aug. 4, 2011, the Court granted Friends Bank relief from
automatic stay as to 9 of the Debtor's parcels, leaving 3 parcels
to be resolved either by evidentiary hearing or settlement.

The settlement dated Sept. 15, 2011, provides for, among other
things:

   -- adequate protection payments to Friends Bank with respect to
   the remaining 3 parcels and further provides for an agreement
   as to Friends Bank's secured claims amount with respect to the
   retained parcels;

   -- a deed-in-lieu to Friends Bank for each of the surrendered
   parcels and a release of Mr. Sullivan from his personal
   guaranty of the loans in consideration of a payment from
   Mr. Sullivan.

Friends Bank relates that the benefits of the stipulation
includes, among other things:

   1. the Debtor's ability to receive rents from 2 of the retained
   parcels in amounts in excess of adequate protection payments to
   the Debtor;

   2. allow the Debtor to retain the Halifax property, which is
   essential to its pending litigation against the City of Daytona
   Beach; and

   3. benefits the interests of all creditors.

A full-text copy of the motion and stipulation is available for
free at http://bankrupt.com/misc/SHAMROCK-SHAMROCK_settlement.pdf

Friends Bank is represented by:

         Walter J. Snell, Esq.
         SNELL & SNELL, P.A.
         436 N. Peninsula Drive
         Daytona Beach, FL 32118
         Tel: (386) 255-5334
         Fax: (386) 255-5335
         E-mail: snellandsnell@mindspring.com

                     About Shamrock-Shamrock

Daytona Beach, Florida-based Shamrock-Shamrock Inc. owns 70
parcels of Florida real property.  It filed for Chapter 11
protection (Bankr. M.D. Fla. Case No. 11-07061) on May 10, 2011.
Judge Arthur B. Briskman presides over the case.  The Law Offices
of Mickler & Mickler serves as bankruptcy counsel.  The Company
scheduled assets of $12,284,976 and liabilities of $17,021,201,
owing on mortgages to a variety of lenders.


SHENGDATECH INC: Seeks to Subpoena Chinese Banks Amid Probe
-----------------------------------------------------------
Dow Jones' DBR Small Cap reports that worried that its foreign
bank accounts have been improperly drained by former executives,
ShengdaTech Inc. attorneys are seeking legal power to probe some
of China's biggest banks that hold money for the Nevada-based
manufacturer and its subsidiaries.

Headquartered in Shanghai, China, ShengdaTech, Inc., makes nano
precipitated calcium carbonate for the tire industry.
ShengdaTech converts limestone into nano-precipitated calcium
carbonate (NPCC) using its proprietary and patent-protected
technology.  NPCC products are increasingly used in tires, paper,
paints, building materials, and other chemical products.  In
addition to its broad customer base in China, the Company
currently exports to Singapore, Thailand, South Korea, Malaysia,
India, Latvia and Italy.

ShengdaTech sought Chapter 11 bankruptcy protection from creditors
(Bankr. D. Nev. Case No. 11-52649) on Aug. 19, 2011, in Reno,
Nevada, in the United States.

The Shanghai-China based company said in its bankruptcy filing it
would fire all of its officers and restructure to try to recover
from an accounting scandal.

The Company disclosed US$295.4 million in assets and US$180.9
million in debt as of Sept. 30, 2011.

The Company's legal representative in its Chapter 11 case is
Greenberg Traurig, LLP.  On Aug. 23, 2011, the Court entered an
interim order confirming the Board of Directors Special
Committee's appointment of Michael Kang as the Debtor's chief
restructuring officer.

Alvarez & Marsal North America, LLC, is the Company's chief
restructuring officer.


SOLYNDRA LLC: VDL Tries to Halt Asset Sale Over $13MM Deal
----------------------------------------------------------
Mandi Woodruff at Bankruptcy Law360 reports that an industrial
equipment manufacturer asked a Delaware bankruptcy judge Monday to
put the brakes on Solyndra Inc.'s planned Oct. 27 asset sale until
the company makes good on a $12.7 million bill for manufacturing
equipment it allegedly agreed to return.

In a suit filed Oct. 10, VDL Enabling Technologies Group Eindhoven
BV claims Solyndra, which received court approval for the hotly
contested sale last month, signed a nontransferable software
license agreement when it hired VDL in 2009 to manufacture glass
tubing equipment, according to Law360.

                         About Solyndra LLC

Founded in 2005, Solyndra LLC is a U.S. manufacturer of solar
photovoltaic solar power systems specifically designed for large
commercial and industrial rooftops and for certain shaded
agriculture applications.  The Company had approximately 968 full
time employees and 211 temporary employees.  Solyndra has sold
more than 500,000 of its panels since 2008 and generated
cumulative sales of over $250 million.

Fremont, California-based Solyndra and affiliate 360 Degree Solar
Holdings Inc. sought Chapter 11 bankruptcy protection (Bankr. D.
Del. Lead Case No. 11-12799) on Sept. 6, 2011.  Solyndra is at
least the third solar company to seek court protection from
creditors since August 2011.

Solyndra owed secured lenders $783.8 million, including
$527.8 million to the U.S. government pursuant to a federal loan
guarantee, and held assets valued at $859 million as of the
Petition date.  The U.S. Federal Financing Bank, owned by the U.S.
Treasury Department, is the Company's biggest lender.

In the Chapter 11 cases, the Debtors are pursuing a two-pronged
strategy to effectuate either a sale of their business to a
"turnkey" buyer who may acquire substantially all of Solyndra's
assets or, if the Debtors are unable to identify any such
potential buyers, an orderly liquidation of the Debtors' assets
for the benefit of their creditors.

Judge Mary F. Walrath presides over the Debtors' cases.  The
Debtors are represented by Pachulski Stang Ziehl & Jones LLP as
legal adviser.  AlixPartners LLP serves as noticing claims and
balloting agent.  Imperial Capital LLC serves as the company's
investment banker and financial adviser.  The Debtors also tapped
former Massachusetts Governor William F. Weld, now with the law
firm McDermott Will & Emery, to represent the company in
government investigations and related litigation.

Roberta A. DeAngelis, U.S. Trustee for Region 3, appointed seven
unsecured creditors to serve on the Official Committee of
Unsecured Creditors of Solyndra LLC.


SOLYNDRA LLC: Has CRO Replacing CEO B. Harrison
-----------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that Solyndra LLC didn't file papers by the Oct. 11
deadline opposing a request by the U.S. Trustee to appoint a
Chapter 11 trustee.  Instead, the bankrupt solar-panel maker
sought authorization to hire R. Todd Neilson as chief
restructuring officer.  Mr. Neilson will "effectively replace the
debtor's CEO, Brian Harrison, who left the company as scheduled on
Oct. 7," Solyndra said.

Mr. Rochelle relates that the U.S. Trustee filed a motion for
appointment of a Chapter 11 trustee one week after Mr. Harrison
and Chief Financial Officer Wilbur G. Stover Jr. invoked their
Fifth Amendment rights against self-incrimination and refused to
answer questions posed by a congressional committee.

Mr. Neilson served in a similar capacity in the Chapter 11 case of
beverage maker Le-Nature's Inc., whose former chief executive
officer pleaded guilty to charges of masterminding an $800 million
fraud.

Mr. Rochelle also reports that Solyndra's creditors' committee did
file papers opposing appointment of a trustee, who would supplant
management.  The committee argued in papers to the bankruptcy
judge in Delaware that a trustee would "not benefit the sale
process" and would have a "likely negative impact."  The committee
contended that there have been "no substantiated claims of any
wrongdoing," although Solyndra has "been the subject of highly
publicized political discussion and negative press."

The hearing where the judge will decide on appointing a trustee is
set for Oct. 17.  Bankruptcy law calls for a trustee on a showing
of "cause," including gross mismanagement or fraud by current
management.  By replacing Mr. Harrison with a restructuring
officer, Solyndra may be laying the groundwork for an argument
that any arguably culpable officers are no longer with the
company, thus removing the basis for a trustee.

Mr. Rochelle discloses that in September, the bankruptcy judge
authorized Solyndra to auction the business on Oct. 27. Bids were
to be due Oct. 25, with a hearing to approve the sale on Nov. 2.
In an Oct. 11 court filing, the committee said it is negotiating
with the company for a "brief extension of the sale timelines."

                        About Solyndra LLC

Founded in 2005, Solyndra LLC is a U.S. manufacturer of solar
photovoltaic solar power systems specifically designed for large
commercial and industrial rooftops and for certain shaded
agriculture applications.  The Company had approximately 968 full
time employees and 211 temporary employees.  Solyndra has sold
more than 500,000 of its panels since 2008 and generated
cumulative sales of over $250 million.

Fremont, California-based Solyndra and affiliate 360 Degree Solar
Holdings Inc. sought Chapter 11 bankruptcy protection (Bankr. D.
Del. Lead Case No. 11-12799) on Sept. 6, 2011.  Solyndra is at
least the third solar company to seek court protection from
creditors since August 2011.

Solyndra owed secured lenders $783.8 million, including
$527.8 million to the U.S. government pursuant to a federal loan
guarantee, and held assets valued at $859 million as of the
Petition date.  The U.S. Federal Financing Bank, owned by the U.S.
Treasury Department, is the Company's biggest lender.

In the Chapter 11 cases, the Debtors are pursuing a two-pronged
strategy to effectuate either a sale of their business to a
"turnkey" buyer who may acquire substantially all of Solyndra's
assets or, if the Debtors are unable to identify any such
potential buyers, an orderly liquidation of the Debtors' assets
for the benefit of their creditors.

Judge Mary F. Walrath presides over the Debtors' cases.  The
Debtors are represented by Pachulski Stang Ziehl & Jones LLP as
legal adviser.  AlixPartners LLP serves as noticing claims and
balloting agent.  Imperial Capital LLC serves as the company's
investment banker and financial adviser.  The Debtors also tapped
former Massachusetts Governor William F. Weld, now with the law
firm McDermott Will & Emery, to represent the company in
government investigations and related litigation.

Roberta A. DeAngelis, U.S. Trustee for Region 3, appointed seven
unsecured creditors to serve on the Official Committee of
Unsecured Creditors of Solyndra LLC.

Solyndra is at least the fourth solar company to seek court
protection from creditors since August 2011.  Other solar firms
are Evergreen Solar and start-up Spectrawatt Inc., both of which
filed in August, and Stirling Energy Systems Inc., which filed for
Chapter 7 bankruptcy late in September.


SSI GROUP: Section 341(a) Meeting Scheduled for Oct. 26
-------------------------------------------------------
The U.S. Trustee for Region 3 will convene a meeting of creditors
of SSI Group Holding Corp. on Oct. 26, 2011, at 1:00 p.m.  The
meeting will be held at J. Caleb Boggs Federal Building, 2nd
Floor, Room 5209.

This is the first meeting of creditors required under Section
341(a) of the Bankruptcy Code in all bankruptcy cases.

All creditors are invited, but not required, to attend.  This
Meeting of Creditors offers the one opportunity in a bankruptcy
proceeding for creditors to question a responsible office of the
Debtor under oath about the company's financial affairs and
operations that would be of interest to the general body of
creditors.

                         About SSI Group

SSI Group Holding Corp. sought bankruptcy protection (Bankr. D.
Del. Case No. 11-12917) on Sept. 14, 2011, in Wilmington,
Delaware, after months of lackluster performance at its two
struggling restaurant chains, which combined operate about 120
locations, and its debts mounted to $47.5 million.  SSI is behind
two southern restaurant chains -- the healthy Souper Salad chain
and "comfort food"-serving Grandy's restaurants.

SSI reported $23.9 million in assets as of Aug. 28, 2011.  Judge
Mary F. Walrath presides over the case.  The Debtor is represented
by Proskauer Rose LLP and Cozen O'Connor as counsel and Morgan
Joseph TriArtisan LLC as financial advisors.

Affiliates Super Salad, Inc. (Case No. 11-12918), SSI-Grandy's LLC
(Case No. 11-12919), and Souper Brands, Inc. (Case No. 11-12920),
also sought Chapter 11 protection on Sept. 14, 2011.

The Debtors hope to use the bankruptcy cases to sell their
Grandy's chain to an affiliate of Sun Capital Partners (or a
higher bidder) and to sell their Souper Salad chain to a to-be
determined buyer (no stalking horse bidder has been identified).

The United States Trustee appointed 7 members to the Official
Committee of Unsecured Creditors.


SSI GROUP: U.S. Trustee Wants Sale Break-Up Fee Denied
------------------------------------------------------
Roberta A. DeAngelis, U.S. Trustee for Region 3, asks the U.S.
Bankruptcy Court for the District of Delaware to deny approval of
the break up fee in relation to the sale of substantially all of
SSI Group Holding Corp., et al.'s assets.

The Debtors proposed to sell their two business lines: (i) the
Grandy's, a group of restaurants that serve comfort food; and (ii)
the Souper Salad restaurants, which serve soups, salads and baked
goods.

In connection with the sale of the Grandy's and Souper Salad
business lines, the Debtors asked that the Court:

   a) designate Captain D's, LLC as the stalking horse bidder
   for the sale of the Grandy's business line for a purchase price
   of $6 million, subject to certain adjustments;

   b) grant Captain D's bid protections of a break-up fee of
   $100,000 and an expense reimbursement of up to of $200,000 in
   the event that the Debtors consummate a sale of the Grandy's
   Assets to a purchaser other than Captain D's;

   c) to authorize the Debtors to offer a Break-Up Fee of up to 5%
   of the negotiated purchase price to any bidder for the Souper
   Salad business line that the Debtors designate as a stalking
   horse bidder, in the event that the Debtors consummate a sale
   of the Souper Salad Assets to a purchaser other than the Souper
   Salad stalking horse bidder.

The U.S. Trustee relates that break up fees, while deemed
protections to the purchaser, frequently serve as discouragements
to potential bidders who would only be permitted to transact
business on an unlevel playing field where they must compete with
a rival bidder on terms that drive up their acquisition costs
significantly.  Breakup fees are even more troubling when the
proposed purchaser requesting such a payment is an insider of the
debtor.

According to the U.S. Trustee, the motion disclosed that Captain
D's, the proposed stalking horse for the Grandy's Assets, is an
affiliate of Sun and the Debtors and therefore an insider.

The Court must not approve a break-up fee in connection with a
sale of the Souper Salad Assets unless the Debtors demonstrate on
the record a good faith effort to market those assets to third
parties adequately and properly before seeking to designate any
potential purchaser as the stalking horse, and further demonstrate
the bona fides of the potential purchaser to whom they propose to
pay a Break-Up Fee.

The U.S. Trustee leaves the Debtors to their burden of proof and
reserves all discovery rights.

                         About SSI Group

On Sept. 14, 2011, SSI Group Holding Corp. sought bankruptcy
protection (Bankr. D. Del. Case No. 11-12917) in Wilmington,
Delaware, after months of lackluster performance at its two
struggling restaurant chains, which combined operate about 120
locations, and its debts mounted to $47.5 million.  Judge Mary F.
Walrath presides over the case.  SSI reported $23.9 million in
assets as of Aug. 28, 2011.  The Debtor is represented by
Proskauer Rose LLP and Cozen O'Connor as counsel and Morgan Joseph
TriArtisan LLC as financial advisors.

SSI is behind two southern restaurant chains -- the healthy Souper
Salad chain and "comfort food"-serving Grandy's restaurants.

Affiliates Super Salad, Inc. (Case No. 11-12918), SSI-Grandy's LLC
(Case No. 11-12919), and Souper Brands, Inc. (Case No. 11-12920),
also sought Chapter 11 protection on Sept. 14, 2011.

The Debtors hope to use the bankruptcy cases to sell their
Grandy's chain to an affiliate of Sun Capital Partners (or a
higher bidder) and to sell their Souper Salad chain to a to-be
determined buyer (no stalking horse bidder has been identified).

U.S. Trustee appointed an Official Committee of Unsecured
Creditors in the chapter 11 cases of SSI Group Holding Corp. and
its affiliates.


SUMMO INC: U.S. Trustee Unable to Form Committee
------------------------------------------------
The United States Trustee said that an official committee under 11
U.S.C. Sec. 1102 has not been appointed in the bankruptcy case of
Summo Inc., fka Pinion Ridge, LLC, because an insufficient number
of persons holding unsecured claims against the Debtor have
expressed interest in serving on a committee.  The U.S. Trustee
reserves the right to appoint such a committee should interest
developed among the creditors.

                         About Summo Inc.

Pueblo, Colorado-based Summo Inc., fka Pinion Ridge, LLC, filed
for Chapter 11 bankruptcy (Bankr. D. Colo. Case No. 11-28971) on
Aug. 9, 2011.  Judge Elizabeth E. Brown presides over the case.
Daniel K. Usiak, Jr., Esq., at Usiak Law Firm, serves as the
Debtor's bankruptcy counsel.  The Debtor scheduled $15,845,500 in
assets and $4,809,760 in debts.  The petition was signed by John
Musso, president.


SW BOSTON: Has Until Oct. 31 to Use Prudential's Cash Collateral
----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Massachusetts
authorized SW Boston Hotel Venture LLC, et al., to use the cash
collateral until Oct. 31, 2011.

The Prudential Insurance Company of America on behalf of and
solely for the benefit of, and with its liability limited to the
assets of, its insurance company separate account, PRISA have an
interest in the Debtors' cash collateral.

A continued hearing on the Debtors' use of cash collateral will be
held on Oct. 27, at 10:00 a.m.  By Oct. 25, the Debtors will file
and serve (a) detailed supplemental budgets for the continued use
of the cash collateral, and (b) written report showing the actual
income and expenses through Oct. 21, compared to budgeted income
and expenses for the same period.  Objections, if any, are due
Oct. 26, at 4:30 p.m.

The Debtors would use the cash collateral to fund their business
operations pending a decision on confirmation of the Plan.  The
Debtors' use of the cash collateral will be on the same terms and
conditions agreed to between the Debtors and Prudential.

As reported on the Troubled Company Reporter on Oct. 14, 2010, in
exchange for using the cash collateral, the Debtors will grant the
prepetition lenders replacement liens on the same types of
postpetition property of the estates against which the lienholders
hold liens as of the petition date.

                 Ruling on Prudential's Objection

In an order dated Sept. 29, 2011, the Court overruled the
objection of Prudential.  The Court ruled that Prudential does not
lack adequate protection given the amount of its debt and the
value of its collateral.  Moreover, the Court said that the Debtor
is making progress in selling condominium units.  Prudential is
not entitled to further adequate protection or restrictions on the
Debtors' use of cash collateral.

Prudential is represented by:

         Gina L. Martin, Esq.
         GOODWIN PROCTER LLP
         Exchange Place
         53 State Street
         Boston, MA 02109
         Tel: (617) 570-1000
         Fax: (617) 523-1231
         E-mail: gmartin@goodwinprocter.com

         Emanuel C. Grillo, Esq.
         GOODWIN PROCTER LLP
         The New York Times Building
         620 Eighth Avenue
         New York, NY 10018
         Tel: (212) 813-8800
         Fax: (212) 355-3333

                      About SW Boston Hotel

Boston, Massachusetts-based SW Boston Hotel Venture LLC is the
developer of the W Hotel in Boston.  The Company filed for Chapter
11 bankruptcy protection (Bankr. D. Mass. Case No. 10-14535) on
April 28, 2010.  Harold B. Murphy, Esq., and Natalie B. Sawyer,
Esq., at Hanify & King, P.C., is the Debtors' bankruptcy counsel.
Edwards Angell Palmer & Dodge LLP is the Company's special
counsel.  The Company estimated its assets and debts at
$100 million to $500 million.


TAYLOR BEAN: Workers Settle WARN Suit for $15 Million
-----------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that Taylor Bean & Whitaker Mortgage Corp. is an example
of how failure to give the required 60-day notice of mass firings
can result in an expensive loss for creditors.  When Taylor Bean
filed under Chapter 11, almost 3,000 workers lost their jobs.  A
class-action lawsuit followed, and a $21.4 million claim was filed
for members of the class.  Because sought-after wages would have
been earned during the Chapter 11 case, the lost compensation was
claimed to be an expense of the bankruptcy required to be paid in
full.  Meanwhile, Taylor Bean confirmed and implemented its
Chapter 11 plan in August.  Since then, a settlement was reached
regarding the WARN Act claims.

The report relates that assuming the bankruptcy judge approves,
the creditors' trust will set aside $15 million to be paid to the
former workers as a priority claim arising during the Chapter 11
case.  The plaintiffs' lawyers say the settlement represents a 70
percent recovery for the priority portion of the claim.  In
addition to creating the creditors' trust, the plan ultimately is
to administer $322 million to $521 million, according to the
disclosure statement.  Once claims with higher priority are paid,
between $264 million and $354 million would remain for unsecured
creditors with claims totaling more than $8 billion, according to
the disclosure statement.

According to the report, unsecured creditors were expected to have
a distribution between 3.3% and 4.4%, the disclosure statement
said.  The largest claim, $3.25 billion, belongs to the Federal
Deposit Insurance Corp.

                         About Taylor Bean

Taylor, Bean & Whitaker Mortgage Corp. grew from a small Ocala-
based mortgage broker to become one of the largest mortgage
bankers in the United States.  In 2009, Taylor Bean was the
country's third largest direct-endorsement lender of FHA-insured
loans of the largest wholesale mortgage lenders and issuer of
mortgage backed securities.  It also managed a combined mortgage
servicing portfolio of approximately $80 billion.  The company
employed more that 2,000 people in offices located throughout the
United States.

Taylor Bean sought Chapter 11 protection (Bankr. M.D. Fla. Case
No. 09-07047) on Aug. 24, 2009.  Taylor Bean filed the Chapter 11
petition three weeks after federal investigators searched its
offices.  The day following the search, the Federal Housing
Administration, Ginnie Mae and Freddie Mac prohibited the company
from issuing new mortgages and terminated servicing rights.
Taylor Bean estimated more than $1 billion in both assets and
liabilities in its bankruptcy petition

Lee Farkas, the former chairman, was sentenced in June to 30 years
in federal prison after being convicted on 14 counts of conspiracy
and bank, wire and securities fraud in what prosecutors said was a
$3 billion scheme involving fake mortgage assets.

Jeffrey W. Kelly, Esq., and J. David Dantzler, Jr., Esq., at
Troutman Sanders LLP, in Atlanta, Ga., and Russel M. Blain, Esq.,
and Edward J. Peterson, III, Esq., at Stichter, Riedel, Blain &
Prosser, PA, in Tampa, Fla., represent the Debtors.  Paul Steven
Singerman, Esq., and Arthur J. Spector, Esq., at Berger Singerman
PA, in Miami, Fla., represent the Committee.  BMC Group, Inc.,
serves as the claims and noticing agent.


TEN SAINTS: Can Access Cash Collateral on Final Basis
-----------------------------------------------------
The U.S. Bankruptcy Court for the District of Nevada has entered a
final cash collateral order authorizing Ten Saints LLC, to use
cash collateral and disputed collateral on a final basis, as
provided for in the stipulation with Wells Fargo Bank, N.A., and
the budget attached thereto.

Wells Fargo is granted a Replacement Lien in all of Debtor's now-
owned or after-acquired real and personal property of all types,
including, debtor-in-possession bank accounts, and all
replacements, supporting obligations, offspring, products, and
proceeds of the existing collateral and the replacement collateral
to the same extent and priority as Lender's pre-petition security
interest and liens.

As reported in the TCR on Sept. 22, 2011, Ten Saints asked the
Bankruptcy Court to approve a stipulation entered with Wells Fargo
Bank, N.A., authorizing its use of cash collateral and disputed
cash collateral.

Wells Fargo is successor by merger to Wachovia Bank, N.A.

As of the Petition Date, the Debtor's obligation outstanding under
the note and the ISDA Master Agreement was $14,320,465 on account
of principal and contract interest.

The Debtor will use the disputed cash collateral and cash
collateral to finance its business operations.

The lender has consented to Debtor's use of cash collateral and
disputed cash collateral on the terms and conditions of the
stipulation, which provides for, among other things:

   -- the Debtor's use of the fund will terminate on the date that
   is the first to occur of: (i) five calendar days after notice
   to Debtor that an Event of Default has occurred and is
   otherwise continuing or otherwise unresolved for which notice
   is required to be given; (ii) an Event of Default has occurred
   for which no notice is required to be given; or (iii) the
   effective date of a confirmed plan of reorganization;

   -- as adequate protection of lender's interests, the Debtor
   will (i) pay $29,500 per month to the lender, (ii) grant the
   lender a replacement lien in all of Debtor's now-owned or
   after-acquired real and personal property of all types; and

   -- all cash collateral and disputed cash collateral, will be
   subject to a carve out for the payment of all allowed and
   unpaid professional fees and disbursements of Debtor incurred
   from the Petition Date until the termination date.

A copy of the stipulation is available for free at:

     http://bankrupt.com/misc/tensaints.stipuation.doc54.pdf

               About Horizon Village Square et al.

Four related Las Vegas, Nevada-based entities sought Chapter 11
bankruptcy protection on July 13, 2011.  The businesses are owned
or managed by local business people and firms, including Todd
Nigro, Nigro Development LLC, a Nigro family trust and other
investors.

Horizon Village Square LLC (Bankr. D. Nev. Case No. 11-21034) owns
the Vons-anchored Horizon Village Square Shopping Center near
I-515 and Horizon Drive in Henderson.  The property includes five
retail buildings with nearly 43,000 square feet of space.

Ten Saints LLC (Bankr. D. Nev. Case No. 11-21028) owns the 134-
room Hampton Inn & Suites at St. Rose Parkway and Seven Hills
Drive in Henderson.

Beltway One Development Group LLC (Bankr. D. Nev. Case No. 11-
21026) owns the Desert Canyon Business Park at Russell Road and
the Las Vegas Beltway. It has two buildings and 15 acres.

Nigro HQ LLC (Bankr. D. Nev. Case No. 11-21014) owns an office
building at 9115 W. Russell Road occupied by Bank of George,
Infinity Plus LLC and Nigro Construction Inc.

Todd Nigro said the four bankruptcies were caused by threatened
foreclosures -- typically related to Wells Fargo Bank demanding
payments to keep loan-to-value ratios at specified levels.

Judge Mike K. Nakagawa presides over the cases.  Lawyers at Gordon
Silver serve as the Debtors' bankruptcy counsel.  The bankruptcy
petitions estimated assets and debts from $1 million to $10
million each for Nigro HQ; and from $10 million to $50 million in
both assets and debts for Horizon Village, Ten Saints and Beltway
One.

A fifth related business, Russell Boulder LLC, filed for
bankruptcy (Bankr. D. Nev. Case No. 10-29724) on Oct. 19, 2010.
It owns the 600-suite Siena Suites extended stay property at
Boulder Highway and Russell Road.

Edward M. Zachary, Esq., at Bryan Cave LLP, in Bryan Cave LLP, in
Phoenix, Ariz., and Robert M. Charles, Jr., Esq., at Lewis and
Roca LLP, in Los Vegas, Nev., represent Wells Fargo Bank, N.A., as
counsel.


TETON AIR: Wants U.S. Trustee's Plea for Case Dismissal Denied
--------------------------------------------------------------
Teton Air Ranch, LLC, asks the U.S. Bankruptcy Court for the
District of Idaho to deny the U.S. Trustee's motion to dismiss or
convert its Chapter 11 case to one under Chapter 7 of the
Bankruptcy Code.

As reported in the Troubled Company Reporter on Sept. 22, 2011,
Robert D. Miller, Jr., the U.S. Trustee for Region 19, asked the
Court to dismiss or convert the Debtor's case.

The U.S. Trustee told the Court that the Debtor has no employees
and no business operations.  It adds that the Debtor has not bank
account since March 2010.

The Debtor explains that the proceeding with the bankruptcy is in
the best interest of Debtor's unsecured creditors and the estate.
Further, the Debtor has complied with all of the specific
requirements of which the U.S. Trustee, or is in the process of
coming into full compliance with such and has provided explanation
regarding the current status of any incomplete requirements.

                          Automatic Stay

In relation to the motion for relief from automatic stay, the
Debtor says that its sole asset -- certain real property located
in Teton County, Idaho is fully encumbered by the present claim of
Cypress Capital XXI, LLC.  Cypress has asserted a claim against
the property in excess of $15 million.  While the precise value of
the property is unknown, the Debtor has estimated its value to be
approximately $5 million.

However, the Debtor adds that there are question marks surrounding
the validity and extent of Cypress' claim.  The Debtor relates
that it only received approximately $3.2 - $3.8 million in cash
from Cypress, which transfers occurred between November of 2007
and October of 2008.  However, Cypress now asserts that over the
short time since the loan was made that it is now owed over
$15 million.

Further, the loan was entered into on behalf of Debtor by Bryce
Karl, who was the owner and manager of Air Ranch Holdings, LLC,
which was allegedly the majority owner and manager of the Debtor
at the time the loan from Cypress was made to Debtor.

                           About Teton Air

Teton Air Ranch LLC, in Pocatello, Idaho, filed for Chapter 11
bankruptcy (Bankr. D. Idaho Case No. 11-41190) on July 18, 2011.
Judge Jim D. Pappas presides over the case.  Daniel C. Green,
Esq., at Racine Olson Nye Budge & Bailey, serves as bankruptcy
counsel.  In its petition, the Debtor estimated $10 million to
$50 million in assets and debts.  The petition was signed by Corey
Simon, authorized representative.

According to its schedules, the Debtor disclosed $13,799,537 in
total assets and $24,719,592 in total debts.


TOWER OAKS: CWCAM Granted Relief From Stay to Appoint Receiver
--------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Maryland has granted
CWCapital Asset Management LLC as Special Servicer for U.S. Bank
National Association, as Trustee, as successor-in-interest to Bank
of America, N.A., as Trustee for the Registered Holders of COBALT
CMBS Commercial Mortgage Trust 2007-C2, Commercial Mortgage
Pass-Through Certificates, Series 2007-C2, additional relief from
automatic stay, specifically to seek and obtain the immediate
appointment of a receiver from the Circuit Court for Montgomery
County with the powers to collect rent, enforce leases and manage
the mortgaged property with the usual power incident to a
receivership.

As reported in the Troubled Company Reporter on Sept. 15, 2011,
CWCapital Asset Management LLC as Special Servicer for U.S. Bank
National Association, as Trustee, as successor-in-interest to Bank
of America, N.A., as Trustee for the Registered Holders of
COBALT CMBS Commercial Mortgage Trust 2007-C2, Commercial Mortgage
Pass-Through Certificates, Series 2007-C2 sought and obtained an
order from the U.S. Bankruptcy Court for the District of Maryland
at Greenbelt lifting the automatic stay and allowing CWCAM to
proceed with a certain action against a property owned by Debtor
Tower Oaks Boulevard LLC.

The Property is an office building located at 2701 Tower Oaks
Boulevard, Rockville, Maryland 20852.  The building and its
related real and personal property are the Debtor's only assets
and operation of the Property generates substantially all of the
gross income of the Debtor.

TOB, Inc. is obligated pursuant to a certain Promissory Note
amounting $9,100,000, originally payable to CWCapital LLC.  The
Debtor is a guarantor of the Loan and is the trustor under the
terms of that certain Indemnity Deed of Trust, Assignment of
Leases and Rents, Security Agreement and Fixture Filing and is the
current assignor under the terms of that certain Indemnity
Assignment of Leases and Rents.

The Loan and Loan Documents were assigned to the Trust, which
continues to hold the Loan and Loan Documents.

As of April 1, 2011, CWCAM on behalf of the Trust was owed in
excess of $9,753,334 in outstanding principal, interest, and other
charges under the Loan Documents, including $9,610,391 accrued
prepetition and $142,943 accrued postpetition.

Section 362(d)(3) of the Bankruptcy Code provides that, upon
request of a party in interest and after notice and a hearing, the
court will grant relief from the stay "with respect to a stay of
an act against single asset real estate..., by a creditor whose
claim is secured by an interest in such real estate, unless not
later than the date that is 90 days after the entry of the order
for relief... (a) the debtor has filed a plan of reorganization
that has a reasonable possibility of being confirmed within a
reasonable time; or (b) the debtor has commenced monthly
payments..."

The Debtor's Chapter 11 case is a single asset case.

The Trust is the present owner, holder, and beneficiary of the
Loan Documents.  The Loan Documents constitute valid and properly
perfected first priority liens on, among other things, real
property on which the Property is located, all personal property
and fixtures associated with the Property and all rents, revenues,
income, escrows, receipts, accounts, issues and profits resulting
from the operation of the Property.

Brent W. Procida, Esq., at Venable LLP, in Baltimore, Maryland,
noted that as of May 10, 2011, the 91st day after the filing of
the Petition, the Debtor had not filed a plan of reorganization or
commenced monthly payments.  He contended that the Debtor does not
have the financial wherewithal to fund a plan of reorganization or
monthly payments.

In addition, Mr. Procida pointed out that:

   -- in its first monthly Operating Report filed March 23, 2011,
      the Debtor reported less than $8,000 in total income.
      Three out of four of the Debtor's tenants, its only
      potential source of income, do not pay rent at all, and are
      either in bankruptcy or are the holder of a recorded
      judgment against the Debtor. No prospect of an increase in
      cash flow is on the horizon;

   -- the Debtor is administratively insolvent because it has not
      only employed bankruptcy counsel but also special landlord-
      tenant counsel.  According to its Operating Report, during
      the month of February, the Debtor's payments to its counsel
      were almost double its income.

                 About Tower Oaks Boulevard, LLC

Raleigh, North Carolina-based Tower Oaks Boulevard, LLC, owns and
operates the commercial property identified as 2701 Tower Oaks
Boulevard.  It filed for Chapter 11 bankruptcy protection on
(Bankr. D. Md. Case No. 11-12413) Feb. 8, 2011.  Steven H.
Greenfeld, Esq., at Cohen, Baldinger & Greenfeld, LLC, serves as
the Debtor's bankruptcy counsel.  Bregman, Berbert, Schwartz &
Gilday, LLC, serves as its special counsel.  The Debtor estimated
assets at $10 million to $50 million and debts at $1 million to
$10 million.

Affiliate Sun Control Systems, Inc., filed a separate Chapter 11
petition on December 13, 2010 (Bankr. D. Md. Case No. 10-37991).

W. Clarkson McDow, Jr., the U.S. Trustee for Region 4, has not
appointed an official committee of unsecured creditors in the
Debtors' cases.


TOWER OAKS: Bregman Berbert to Assess Claims vs. VCB
----------------------------------------------------
The U.S. Bankruptcy Court for the District of Maryland has
authorized Tower Oaks Boulevard LLC to expand the terms of the
employment of Bregman, Berbert, Schwartz & Gilday, LLC, to include
an assessment of its claims against Virginia Commerce Bank, to
evaluate the damages it has incurred as a result of the actions of
Virginia Commerce Bank and to generally advise the Debtor with
regard to such matters under the terms and conditions enumerated
in the Debtor?s Application.

As reported in the Troubled Company Reporter, Tower Oaks Boulevard
LLC asks the U.S. Bankruptcy Court for the District of Maryland
for permission to employ Bregman, Berbert, Schwartz & Gilday, LLC,
as its special counsel.

The firm will represent the Debtor's in landlord-tenant actions
and advise it with regard to its landlord-tenant relationships in
view of its experience in matters of this character.

The firm charges between $175 and $475 for services rendered.

The Debtor assures the Court that the firm is a "disinterested
person" within the meaning of Section 101(14) of the Bankruptcy
Code.

                 About Tower Oaks Boulevard, LLC

Raleigh, North Carolina-based Tower Oaks Boulevard, LLC, owns and
operates the commercial property identified as 2701 Tower Oaks
Boulevard.  It filed for Chapter 11 bankruptcy protection on
(Bankr. D. Md. Case No. 11-12413) Feb. 8, 2011.  Steven H.
Greenfeld, Esq., at Cohen, Baldinger & Greenfeld, LLC, serves as
the Debtor's bankruptcy counsel.  Bregman, Berbert, Schwartz &
Gilday, LLC, serves as its special counsel.  The Debtor estimated
assets at $10 million to $50 million and debts at $1 million to
$10 million.

Affiliate Sun Control Systems, Inc., filed a separate Chapter 11
petition on December 13, 2010 (Bankr. D. Md. Case No. 10-37991).

W. Clarkson McDow, Jr., the U.S. Trustee for Region 4, has not
appointed an official committee of unsecured creditors in the
Debtors' cases.


TRANS NATIONAL: Files for Chapter 11 Bankruptcy Protection
----------------------------------------------------------
Boston Business Journal reports that Trans National Communications
International Inc. filed on Oct. 9, 2011, for protection under
Chapter 11 of the U.S. bankruptcy code.

According to the report, Trans National's creditors include:

     -- Sprint Communications, the biggest unsecured creditor,
        owed $5.04 million;

     -- A&T Corp., owed $1.66 million;

     -- Qwest Communications, which merged with CenturyLink Inc.,
        owed $1.9 million;

     -- Universal Service Administrative Co. of Atlanta, owed
        $1.4 million; and

     -- Verizon Services Corp., owed $1 million.

The report relates that Trans National listed assets in the range
of $1 million to $10 million and debts in the range of $10 million
to $50 million.

The report notes Trans National's officers are:

     -- President Brian Twomey;
     -- Chief financial officer William B. Wiedlein; and
     -- Directors Joan Belkin and Steven B. Belkin

Mr. Belkin, a Boston businessman who founded Trans National Group
in the 1970s, was also an owner of the NBA's Atlanta Hawks and the
NHL's Atlanta Thrashers, until an ownership split last year.

Business Journal says Trans National is represented in the
bankruptcy by:

          Harold B. Murphy, Esq.
          MURPHY & KING
          One Beacon Street, 21st Floor
          Boston, MA  02108
          Tel: 617-226-3414
          Fax: 617-423-0498
          E-mail: hbm@murphyking.com

Based in Boston, Trans National Communications provides
telecommunications services for businesses.


TX BLACKHORSE: Disclosures Approved, Plan Hearing Set for Nov. 1
----------------------------------------------------------------
Judge Letitia Z. Paul of the U.S. Bankruptcy Court for the
Southern District of Texas, Galveston Division, approved the
disclosure statement explaining TX Blackhorse, L.P.'s first
amended plan of reorganization.

The Court will conduct a hearing on confirmation of the Plan on
Nov. 1, 2011, at 10:00 a.m.  Objections to confirmation must be
filed on or before Oct. 18.  All ballots must be served on or
before Oct. 25.

As reported by the Troubled Company Reporter on Sept. 1, 2011,
Judy A. Robbins, United States Trustee, has asked the Court to
dismiss, or in the alternative, to convert the Debtor's Chapter 11
case to Chapter 7, for failure to file an amended disclosure
statement and to file operating reports.  The Debtor announced at
the hearing on the disclosure statement held on May 10, that it
did not wish to proceed and the disclosure statement was denied
without prejudice.

The Debtor, in the First Amended Plan filed Aug. 19, maintained
that its creditors would receive at least what they would receive
in a Chapter 7 liquidation.  Under a Chapter 7 liquidation, the
lien claimants would receive the property in which they have a
lien or its value or a trustee would sell the property, usually by
auction.  The Debtor estimates that the real property would lose
40-50% of its value in a Chapter 7 proceeding.  The remaining
creditors would receive nothing, the Debtor said.

                        About TX Blackhorse

Tempe, Arizona-based TX Blackhorse L.L.P., a limited partnership,
is the owner of an undeveloped tract of land consisting of
approximately 630 acres in Texas City, Galveston County, Texas.
The Debtor's general partner is CW LT Management, L.L.C., of
Tempe, Arizona, which owns 1% of the Debtor.  John Cork, also of
Tempe, Arizona, the manager of the general partner, owns 88% of
the Debtor as limited partner.  Emilie Cork and Nathan Cork own 5%
limited partner interests respectively.

The Debtor filed for Chapter 11 bankruptcy protection on Dec. 29,
2010 (Bankr. S.D. Tex. Case No. 10-80760).  Thomas Baker Greene,
III, Esq., at the Law Office of Thomas B. Greene III, in Houston,
serves as the Debtor's bankruptcy counsel.  In its schedules, the
Debtor disclosed $19,100,280 in assets and $13,262,621 in
liabilities as of the petition date.


UNIVERSAL CITY: Fitch Upgrades Issuer Default Rating From 'BB+'
---------------------------------------------------------------
Fitch Ratings has upgraded the Issuer Default Rating (IDR)
assigned to Universal City Development Partners, Ltd. (Universal
Orlando) to 'BBB' from 'BB+'. Universal Orlando is a wholly owned
indirect subsidiary of NBCUniversal Media, LLC (NBCUniversal).
Fitch currently maintains a 'BBB' IDR for NBCUniversal.

Approximately $406 million of principal amount of debt at maturity
as of Sept. 30, 2011 is affected by Fitch's action.

Fitch's rating actions follow NBCUniversal's announcement that it
successfully completed the previously announced consent
solicitation and offer to guaranty Universal Orlando's 8.875%
senior notes due 2015 (senior notes) and its 10.875% senior
subordinated notes due 2016 (subordinated notes).

As a result of the consent solicitation, NBCUniversal fully and
unconditionally guarantees Universal Orlando's senior notes and
senior subordinated notes.  Universal Orlando's outstanding senior
notes and senior subordinated notes will be pari passu with
NBCUniversal's outstanding senior unsecured notes.  In exchange
for NBCUniversal's guaranty, a majority of the holders of
Universal Orlando's senior notes and subordinated notes agreed to
certain amendments to the indentures governing the notes to
conform the notes' covenants and events of default to those
contained in NBCUniversal's $9.1 billion of outstanding senior
notes.

From Fitch's perspective, the conclusion of the consent
solicitation is a modest positive event for NBCUniversal's credit
profile.  The guaranty of Universal Orlando's debt simplifies
NBCUniversal's capital structure and creates a single-level plane
for the majority of NBCUniveral's debt.  Additionally, the
guaranty affirms Universal Orlando's strategic ties to
NBCUniversal.

Fitch has upgraded following ratings with a Stable Rating Outlook:

Universal City Development Partners, Ltd.

  -- IDR to 'BBB' from 'BB+';
  -- Senior unsecured debt to 'BBB' from 'BB+'
  -- Senior subordinated debt to 'BBB-' from 'BB'.


WASHINGTON MUTUAL: Trenton Judge Named to Mediate Plan Compromise
-----------------------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that Raymond T. Lyons, a U.S. Bankruptcy Judge in Trenton,
New Jersey, was named Oct. 11 to serve as mediator for Washington
Mutual Inc. Lyons is charged with helping the contending parties
hammer out a revised Chapter 11 plan that can be confirmed without
objection.

According to the report, U.S. Bankruptcy Judge Mary F. Walrath,
who appointed Judge Lyons officially Oct. 11, wrote a 139-page
opinion in September finding defects and refusing for a second
time this year to approve WaMu's proposed reorganization plan.
Judge Walrath asked Judge Lyons to file a status report by Nov. 4
recommending whether mediation should continue.  Judge Walrath
will hold a status conference Nov. 7.  Judge Walrath didn't want
to begin a new confirmation battle without at least attempting to
craft a consensual plan.

Mr. Rochelle notes that noteholder Aurelius Capital Management LP
is no long alone in attempting to appeal Judge Walrath's Sept. 13
ruling.  In addition to other noteholders, WaMu and the creditors'
committee filed cross-appeals Oct. 11 along with the official
equity committee.  No one has a right to appeal, since the Sept.
13 ruling was a so-called interlocutory order that didn't wrap up
the entire dispute.  Everyone is therefore asking for permission
to appeal.  While Aurelius doesn't like the portion of Judge
Walrath's opinion allowing the equity committee to sue for alleged
trading on non-public information, WaMu and the creditors want
reversal of the opinion insofar as it allows the equity holders to
sue noteholders.

                            About WaMu

Based in Seattle, Washington, Washington Mutual Inc. --
http://www.wamu.com/-- was the holding company for Washington
Mutual Bank as well as numerous non-bank subsidiaries.

Washington Mutual Bank was taken over on Sept. 25, 2008, 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. When WaMu filed for
protection from its creditors, it disclosed assets of
$32,896,605,516 and debts of $8,167,022,695. WMI Investment
estimated assets of $500 million to $1 billion with zero debts.

WaMu is represented by Brian Rosen, Esq., at Weil, Gotshal &
Manges LLP in New York City; Mark D. Collins, Esq., at Richards,
Layton & Finger P.A. in Wilmington, Del.; and Peter Calamari,
Esq., and David Elsberg, Esq., at Quinn Emanuel Urquhart Oliver &
Hedges, LLP. The Debtor tapped Valuation Research Corporation as
valuation service provider for certain assets.

Fred S. Hodara, Esq., at Akin Gump Strauss Hauer & Fled LLP in New
York, and David B. Stratton, Esq., at Pepper Hamilton LLP in
Wilmington, Del., represent the Official Committee of Unsecured
Creditors. Stephen D. Susman, Esq., at Susman Godfrey LLP and
William P. Bowden, Esq., at Ashby & Geddes, P.A., represent the
Equity Committee. The official committee of equity security
holders also tapped BDO USA as its tax advisor. Stacey R.
Friedman, Esq., at Sullivan & Cromwell LLP and Adam G. Landis,
Esq., at Landis Rath & Cobb LLP in Wilmington, Del., represent
JPMorgan Chase, which acquired the WaMu bank unit's assets prior
to the Petition Date.

On Jan. 7, 2011, the Bankruptcy Court entered a 107-page opinion
determining that the global settlement agreement, among certain
parties including WMI, the Federal Deposit Insurance Corporation
and JPMorgan, upon which the Plan is premised, and the
transactions contemplated therein, are fair, reasonable, and in
the best interests of WMI. However, the Opinion and related order
denied confirmation, but suggested certain modifications to the
Company's Sixth Amended Joint Plan of Affiliated Debtors that, if
made, would facilitate confirmation.

WaMu filed a Modified Sixth Amended Joint Plan and a related
Supplemental Disclosure Statement, which it believes would address
the Bankruptcy Court's concerns.

On Sept. 13, 2011, Judge Walrath denied confirmation of WaMu's
Modified Sixth Amended Plan and granted equity committee standing
to prosecute claims for equitable disallowance but stayed the
ruling pending mediation.

Judge Walrath scheduled a status hearing for Oct. 7, 2011, at
11:30 a.m. to consider the issues to be referred to a mediator.

WaMu said it would seek confirmation of a revised plan "as soon as
practicable."

The Plan proposes to pay more than $7 billion to creditors and
incorporates a global settlement agreement resolving issues among
the Debtors, JPMorgan Chase, the Federal Deposit Insurance Corp.
in its corporate capacity and as receiver for WaMu Bank, certain
large creditors, certain WMB senior noteholders, and the
creditors' committee. The Settlement Noteholders are Appaloosa
Management, L.P., Aurelius Capital Management LP, Centerbridge
Partners, LP, and Owl Creek Asset Management, L.P.


* Survey Shows Some Small-Business Owners Say Recession Lingers
---------------------------------------------------------------
Dow Jones' DBR Small Cap reports that more than a third of small-
business owners say the country is still in a recession, and their
plans for hiring and capital expenditures are mixed, a recent
survey showed.


* California Signs Municipal Bankruptcy Bill Into Law
-----------------------------------------------------
American Bankruptcy Institute reports that California Gov. Jerry
Brown (D) has signed state legislation spurred by Vallejo's fiscal
crisis that changes how California cities and counties may file
for chapter 9 bankruptcy.


* Geoffrey T. Raicht Joins Proskauer as Partner in New York
-----------------------------------------------------------
Proskauer Rose LLP announced Monday the expansion of its
Bankruptcy & Restructuring Group and global Corporate Department
with the addition of Geoffrey T. Raicht as a Partner in the
New York office.

The former co-head of McDermott Will & Emery's
Restructuring/Insolvency Affinity Group, Mr. Raicht focuses his
practice on representing debtors, creditors, lenders, board
members, receivers, and foreign administrators and liquidators, as
well as private equity and venture capital funds, in large,
complex Chapter 11 cases and restructuring matters.

"Geoff is an important addition to our global platform and our
ability to address the complex needs of our corporate clients in a
continuously challenging economic environment," said Jeff J.
Marwil, co-head of Proskauer's Bankruptcy & Restructuring Group.
"His years of experience in all types of insolvency matters will
serve us well as we continue our expansion and work with parties
in a wide range of sectors, particularly our ongoing
representation of private equity and hedge funds in the full
spectrum of insolvency matters."

Mr. Raicht received his J.D. from the City University of New York
School of Law, and his M.P.A. and B.A. from New York University.
He also served as a clerk to Judge Jeffry H. Gallet of the U.S.
Bankruptcy Court for the Southern District of New York.

He is the latest addition to Proskauer's Corporate Department,
which has experienced significant global expansion in recent
months with the addition in London of Kate Simpson (Private
Investment Funds), Peter McGowan (Private Investment Funds, Hedge
Funds),  and Russell T. Carmedy and Michael Nouril (Private
Equity, Mergers & Acquisitions), and the announced addition of
Nigel van Zyl and Oliver Rochman (Private Investment Funds); Seung
Chong and Jeremy Leifer (Private Equity, Mergers & Acquisitions),
Gene Buttrill (Capital Markets) and Jay C.S. Tai (Private Equity,
Mergers & Acquisitions) in Hong Kong; and Frank Zarb (Capital
Markets, Finance) in Washington, DC.

Part of Proskauer's global Corporate Department, which consists of
more than 250 lawyers counseling clients in sophisticated
financial transactions and daily business and regulatory matters,
the firm's Bankruptcy & Restructuring Group advises clients on the
full spectrum of insolvency-related matters. The group represents
a wide variety of debtors, creditors and entities interested in
acquiring or investing in troubled companies. The group is
augmented by a team of lawyers who have extensive experience in
bankruptcy litigation and transactional matters.


* Teresa Kohl Joins SSG as Director of Business Development
-----------------------------------------------------------
SSG Capital Advisors, LLC (SSG) announced the recent appointment
of Teresa Kohl as Director, Business Development.  In this role,
Ms. Kohl will be responsible for business development, cultivating
and maintaining referral source and client relationships and
advising clients on special situations transactions.  She will be
based in the firm's New York City office.

Ms. Kohl has over 14 years of restructuring experience, having
worked with middle-market companies on corporate restructuring and
financial advisory assignments.  She was previously with Bridge
Associates LLC where she led client engagements.  Ms. Kohl started
her restructuring career at NHB Advisors, Inc.

"We are pleased to welcome Teresa to the SSG family," said SSG
Managing Director J. Scott Victor.  "We have known Teresa for a
long time and she is well-respected in the industry.  Her diverse
background and range of professional experience fits well within
our team of creative and tenacious professionals who work to
pursue multiple alternatives for clients facing complex
situations.  We remain committed to being the go-to special
situations investment banking firm for middle market companies."

Ms. Kohl can be reached at:

          Teresa C. Kohl
          Director, Business Development
          Telephone: (610) 940-9521
          E-mail: tkohl@ssgca.com

                 About SSG Capital Advisors, LLC

SSG Capital Advisors, LLC -- http://www.ssgca.com-- is an
independent boutique investment bank that assists middle market
companies, as well as their stakeholders, complete special
situation transactions.  As a specialist in mergers and
acquisitions, financial advisory, capital raises, financial
restructurings and complex valuations.  Since 2001, SSG has
successfully completed over 180 special situation investment
banking assignments on behalf of clients in North America and
Europe.

SSG Capital Advisors, LLC (Member FINRA, SIPC) is a wholly owned
broker dealer of SSG Holdings, LLC.  SSG is a registered trademark
for SSG Capital Advisors, LLC.  SSG provides investment banking,
restructuring advisory, merger, acquisition and divestiture
services, private placement services and valuation opinions.


* Recent Small-Dollar & Individual Chapter 11 Filings
-----------------------------------------------------

In Re Man Tran
   Bankr. D. Ariz. Case No. 11-27786
      Chapter 11 Petition filed September 30, 2011

In Re Carlos Gonzalez
   Bankr. C.D. Calif. Case No. 11-23743
      Chapter 11 Petition filed September 30, 2011

In Re Karina Veliz
   Bankr. C.D. Calif. Case No. 11-23748
      Chapter 11 Petition filed September 30, 2011

In Re Scott DeGraff
   Bankr. D. Colo. Case No. 11-33233
      Chapter 11 Petition filed September 30, 2011

In Re Cortabella, Inc.
   Bankr. M.D. Fla. Case No. 11-07230
      Chapter 11 Petition filed September 30, 2011
         filed pro se

In Re Mohamad Waliagha
   Bankr. M.D. Fla. Case No. 11-18544
      Chapter 11 Petition filed September 30, 2011

In Re Doundley Edwards
   Bankr. N.D. Ga. Case No. 11-78139
      Chapter 11 Petition filed September 30, 2011

In Re PT Insurance Group, LLC
   Bankr. N.D. Ill. Case No. 11-40116
      Chapter 11 Petition filed September 30, 2011
         See http://bankrupt.com/misc/ilnb11-40116p.pdf
         See http://bankrupt.com/misc/ilnb11-40116c.pdf
         represented by  Joseph D. Frank, Esq.
                         Frank/Gecker LLP
                         E-mail: jfrank@fgllp.com
In Re Melvin Lemons
   Bankr. S.D. Ind. Case No. 11-92605
      Chapter 11 Petition filed September 30, 2011

In Re HQ Fitness & Daycare, LLC
   Bankr. N.D. Miss. Case No. 11-14518
      Chapter 11 Petition filed September 30, 2011
         See http://bankrupt.com/misc/msnb11-14518.pdf
         represented by  James W. Amos,Esq.
                         E-mail: jwamosattorney@aol.com
In Re Kenneth Booth
   Bankr. N.D. Miss. Case No. 11-14500
      Chapter 11 Petition filed September 30, 2011

In Re KLB Construction, Inc.
        fdba k & B Construction Inc.
        fdba K & B Trucking Inc.
        dba Kenneth L. Booth dba KLB Construction Inc.
   Bankr. N.D. Miss. Case No. 11-14496
      Chapter 11 Petition filed September 30, 2011
         See http://bankrupt.com/misc/msnb11-14496.pdf
         represented by  James W. Amos,Esq.
                         E-mail: jwamosattorney@aol.com

In Re Alex Song
   Bankr. D. Nev. Case No. 11-25453
      Chapter 11 Petition filed September 30, 2011

In Re Jessica White
   Bankr. W.D. N.Y. Case No. 11-13421
      Chapter 11 Petition filed September 30, 2011

In Re John Hamilton
   Bankr. E.D. N.C. Case No. 11-07491
      Chapter 11 Petition filed September 30, 2011

In Re Harrison Financial Group LLC
   Bankr. W.D. Okla. Case No. 11-15347
      Chapter 11 Petition filed September 30, 2011
         filed pro se

In Re Robert Harrington
      Patricia Harrington
   Bankr. E.D. Pa. Case No. 11-17579
      Chapter 11 Petition filed September 30, 2011

In Re Care for Women Cleburne, PA
   Bankr. N.D. Texas Case No. 11-36151
      Chapter 11 Petition filed September 30, 2011
         See http://bankrupt.com/misc/txnb11-36151.pdf
         represented by  Joyce W. Lindauer,Esq.
                         Joyce W. Lindauer, Attorney at Law
                         E-mail: courts@joycelindauer.com

In Re Ponderosa Fine Foods, LLC
   Bankr. D. Utah Case No. 11-34290
      Chapter 11 Petition filed September 30, 2011
         See http://bankrupt.com/misc/utb11-34290.pdf
         represented by  Kimberly L. Stevens,Esq.
                         Coggins, Larreau & Lythgoe
                         E-mail: kstevens@clllawfirm.com

In Re Larry Holt
   Bankr. W.D. Wash. Case No. 11-21580
      Chapter 11 Petition filed September 30, 2011

In Re Mark Johnson
   Bankr. W.D. Wash. Case No. 11-47770
      Chapter 11 Petition filed September 30, 2011

In Re Biguns Southwest Services, LLC
   Bankr. D. Ariz. Case No. 11-27896
      Chapter 11 Petition filed October 1, 2011
         See http://bankrupt.com/misc/azb11-27896.pdf
         represented by  German Yusufov, Esq.
                         Yusufov Law Firm PLLC
                         E-mail: bankruptcy@yusufovlaw.com
In Re Milagros Munoz
   Bankr. S.D. Fla. Case No. 11-37557
      Chapter 11 Petition filed October 1, 2011

In Re John Choate
      Carol Bristen-Choate
   Bankr. E.D. Mich. Case No. 11-65843
      Chapter 11 Petition filed October 1, 2011

In Re Israel Dakar
   Bankr. C.D. Calif. Case No. 11-21646
      Chapter 11 Petition filed October 2, 2011

In Re Roland Deal
   Bankr. N.D. Calif. Case No. 11-13673
      Chapter 11 Petition filed October 2, 2011

In Re Catonsville Car Clinic, Inc.
        ta Columbia Autoworx
   Bankr. D. Md. Case No. 11-29703
      Chapter 11 Petition filed October 2, 2011
         See http://bankrupt.com/misc/mdb11-29703p.pdf
         See http://bankrupt.com/misc/mdb11-29703c.pdf
         represented by  Marc L. Jordan ,Esq.
                         E-mail: mjordan@jordantell.com

In Re Alfred Eckert
   Bankr. D. N.J. Case No. 11-38852
      Chapter 11 Petition filed October 2, 2011

In Re Crow Partners LLC
  Bankr. D. Ariz. Case No. 11-27946
      Chapter 11 Petition filed October 3, 2011
         See http://bankrupt.com/misc/azb11-27946.pdf
         represented by  Alisa C. Lacey,Esq.
                         Stinson Morrison Hecker LLP
                         E-mail: alacey@stinson.com

In Re Michael VanRiette
   Bankr. C.D. Calif. Case No. 11-51419
      Chapter 11 Petition filed October 3, 2011

In Re Rancho California Realty Corp.
        aka Rancho California Realty Corp
   Bankr. C.D. Calif. Case No. 11-41081
      Chapter 11 Petition filed October 3, 2011
         filed pro se

In Re Reynaldo Munive
   Bankr. C.D. Calif. Case No. 11-41122
      Chapter 11 Petition filed October 3, 2011

In Re Jerald Marquis
   Bankr. N.D. Calif. Case No. 11-13677
      Chapter 11 Petition filed October 3, 2011

In Re Reynaldo Guinto
   Bankr. N.D. Calif. Case No. 11-70559
      Chapter 11 Petition filed October 3, 2011

In Re William Hammett
   Bankr. N.D. Calif. Case No. 11-13676
      Chapter 11 Petition filed October 3, 2011

In Re Pint American Gastropub, Inc.
  Bankr. M.D. Fla. Case No. 11-15040
      Chapter 11 Petition filed October 3, 2011
         See http://bankrupt.com/misc/flmb11-15040.pdf
         represented by  David R. McFarlin,Esq.
                         Wolff, Hill, McFarlin & Herron, P.A
                         E-mail: dmcfarlin@whmh.com

In Re OCI Americas, Inc.
  Bankr. S.D. Fla. Case No. 11-37664
      Chapter 11 Petition filed October 3, 2011
         See http://bankrupt.com/misc/flsb11-37664.pdf
         represented by  Lynn Maynard Gollin, Esq.
                         E-mail: lgollin@gordonrees.com

In Re AL B, LLC
  Bankr. N.D. Ga. Case No. 11-78810
      Chapter 11 Petition filed October 3, 2011
         See http://bankrupt.com/misc/ganb11-78810.pdf
         represented by  Terriea L. Williams, Esq.
                         The Williams Law Group
                         E-mail: terrieawilliams@gmail.com

In Re Belinda's Down Home Cooking Inc.
   Bankr. N.D. Ga. Case No. 11-78776
      Chapter 11 Petition filed October 3, 2011
         filed pro se

In Re Gareth Genner
   Bankr. N.D. Ga. Case No. 11-78763
      Chapter 11 Petition filed October 3, 2011

In Re Johnny Blackshear
   Bankr. N.D. Ga. Case No. 11-78703
      Chapter 11 Petition filed October 3, 2011

In Re Kevin Dixon
   Bankr. N.D. Ga. Case No. 11-78734
      Chapter 11 Petition filed October 3, 2011

In Re NKN Enterprises, LLC
  Bankr. N.D. Ga. Case No. 11-78699
      Chapter 11 Petition filed October 3, 2011
         See http://bankrupt.com/misc/ganb11-78699.pdf
         represented by  Gregory D. Coleman, Esq.
                         Burroughs Johnson Hopewell Coleman, LLC
                         E-mail: gregorycoleman@bjhlawyers.com

In Re Temple Crossing, Inc.
  Bankr. N.D. Ga. Case No. 11-78474
      Chapter 11 Petition filed October 3, 2011
         See http://bankrupt.com/misc/ganb11-78474.pdf
         represented by  Ian M. Falcone, Esq.
                         The Falcone Law Firm PC
                         E-mail: attorneys@falconefirm.com

In Re The Episcopal Church of the Nativity, Inc.
  Bankr. N.D. Ga. Case No. 11-13278
      Chapter 11 Petition filed October 3, 2011
         See http://bankrupt.com/misc/ganb11-13278.pdf
         represented by  James R. Schulz, Esq.
                         Merritt Watson, LLP
                         E-mail: jschulz@merritt-tenney.com

In Re Jeffrie Long
      Sharon Long
   Bankr. D. Md. Case No. 11-29719
      Chapter 11 Petition filed October 3, 2011

In Re J.A. McFall, Inc.
  Bankr. E.D. Mich. Case No. 11-34633
      Chapter 11 Petition filed October 3, 2011
         See http://bankrupt.com/misc/mieb11-34633p.pdf
         See http://bankrupt.com/misc/mieb11-34633c.pdf
         represented by  Peter T. Mooney, Esq.
                         Simen, Figura & Parker
                         E-mail: pmooney@sfplaw.com

In Re All Real Estate, Inc.
  Bankr. D. Nev. Case No. 11-25688
      Chapter 11 Petition filed October 3, 2011
         See http://bankrupt.com/misc/nvb11-25688.pdf
         represented by  Jeffrey A. Cogan, Esq.
                         Jeffrey A. Cogan, Esq., Ltd.
                         E-mail: jeffrey@jeffreycogan.com

In Re William Wilson
   Bankr. D. Nev. Case No. 11-25700
      Chapter 11 Petition filed October 3, 2011

In Re Pickens Corporation
   Bankr. W.D.N.Y. Case No. 11-13434
      Chapter 11 Petition filed September 30, 2011
         filed pro se

In Re Cabinet Enterprises LLC
        dba Knapke Cabinets
  Bankr. S.D. Ohio Case No. 11-35376
      Chapter 11 Petition filed October 3, 2011
         See http://bankrupt.com/misc/ohsb11-35376.pdf
         represented by  Roger E. Luring, Esq.
                         E-mail: rluring@millerluring.com

In Re 1839-43 Poplar Street, LLC
  Bankr. E.D. Pa. Case No. 11-17719
      Chapter 11 Petition filed October 3, 2011
         See http://bankrupt.com/misc/paeb11-17719.pdf
         represented by  Yalonda Evette Houston, Esq.
                         Law Office of Yalonda Houston
                         E-mail: yalondahouston@live.com

In Re Cynthia Sanz
   Bankr. E.D. Tenn. Case No. 11-34547
      Chapter 11 Petition filed October 3, 2011

In Re Thurman Migliore
   Bankr. M.D. Tenn. Case No. 11-09945
      Chapter 11 Petition filed October 3, 2011

In Re Roy Riney
   Bankr. E.D. Texas Case No. 11-43033
      Chapter 11 Petition filed October 3, 2011

In Re JMJ Caddo Park, LLC
  Bankr. N.D. Texas Case No. 11-36345
      Chapter 11 Petition filed October 3, 2011
         See http://bankrupt.com/misc/txnb11-36345.pdf
         represented by  Howard Marc Spector, Esq.
                         Spector & Johnson, PLLC
                         E-mail: hspector@spectorjohnson.com

In Re Carrington Enterprises Incorporated
        dba Carrington Tours
  Bankr. S.D. Texas Case No. 11-38553
      Chapter 11 Petition filed October 3, 2011
         See http://bankrupt.com/misc/txsb11-38553.pdf
         represented by  Rolfe W. Goode, Esq.
                         E-mail: rwgoode5396@aol.com

In Re Leonardo Ponce
   Bankr. S.D. Texas Case No. 11-20571
      Chapter 11 Petition filed October 3, 2011

In Re Lilia Andrade
   Bankr. S.D. Texas Case No. 11-50234
      Chapter 11 Petition filed October 3, 2011

In Re William Sonne
   Bankr. S.D. Texas Case No. 11-38404
      Chapter 11 Petition filed October 3, 2011

In Re CDWAL, LLC
  Bankr. W.D. Texas Case No. 11-53457
      Chapter 11 Petition filed October 3, 2011
         See http://bankrupt.com/misc/txwb11-53457.pdf
         represented by  Allen M. DeBard, Esq.
                         Langley & Banack, Inc
                         E-mail: adebard@langleybanack.com

In Re Paresh Makan
   Bankr. W.D. Texas Case No. 11-53441
      Chapter 11 Petition filed October 3, 2011

In Re 3 Lions and a Bull
        aka Barbara Lynn Moody-Wood
   Bankr. S.D. W.Va. Case No. 11-30619
      Chapter 11 Petition filed October 3, 2011
         filed pro se

In Re John Mawyer
   Bankr. S.D. W.Va. Case No. 11-20697
      Chapter 11 Petition filed October 3, 2011


In Re Deborah Ferguson
   Bankr. D. Ariz. Case No. 11-28116
      Chapter 11 Petition filed October 4, 2011

In Re Alejandro Passarelli
   Bankr. C.D. Calif. Case No. 11-51741
      Chapter 11 Petition filed October 4, 2011

In Re Christopher Clemens
   Bankr. C.D. Calif. Case No. 11-14693
      Chapter 11 Petition filed October 4, 2011

In Re Gail White
   Bankr. C.D. Calif. Case No. 11-51760
      Chapter 11 Petition filed October 4, 2011

In Re James Cross
   Bankr. C.D. Calif. Case No. 11-41228
      Chapter 11 Petition filed October 4, 2011

In Re Monica Tunwar
   Bankr. C.D. Calif. Case No. 11-51779
      Chapter 11 Petition filed October 4, 2011

In Re Kermit Lewis
   Bankr. N.D. Calif. Case No. 11-70624
      Chapter 11 Petition filed October 4, 2011

In Re Jesus Holiness Church, Inc.
   Bankr. M.D. Fla. Case No. 11-15112
      Chapter 11 Petition filed October 4, 2011
         See http://bankrupt.com/misc/flmb11-15112.pdf
         represented by  Robert E. Bone, Jr., Esq.
                         Robert E. Bone Jr. P.A.

In Re Spice Modern Steakhouse, Inc.
   Bankr. M.D. Fla. Case No. 11-15109
      Chapter 11 Petition filed October 4, 2011
         See http://bankrupt.com/misc/flmb11-15109.pdf
         represented by  David . McFarlin, Esq.
                         Wolff, Hill, McFarlin & Herron, P.A
                         E-mail: dmcfarlin@whmh.com

In Re Leonard Shannon
   Bankr. S.D. Ga. Case No. 11-11967
      Chapter 11 Petition filed October 4, 2011

In Re Geotest Instrument Corp.
   Bankr. N.D. Ill. Case No. 11-40432
      Chapter 11 Petition filed October 4, 2011
         See http://bankrupt.com/misc/ilnb11-40432.pdf
         represented by  John H. Redfield, Esq.
                         Crane, Heyman, Simon, Welch & Clar
                         E-mail: jredfield@craneheyman.com

In Re Valley View Golf Course, Inc.
   Bankr. S.D. Ind. Case No. 11-12504
      Chapter 11 Petition filed October 4, 2011
         filed pro se

In Re Geoffrey Northridge
   Bankr. S.D. Iowa Case No. 11-03906
      Chapter 11 Petition filed October 4, 2011

In Re Cambodiana, Inc.
        dba D. J. Liquors
   Bankr. D. Md. Case No. 11-29842
      Chapter 11 Petition filed October 4, 2011
         See http://bankrupt.com/misc/mdb11-29842p.pdf
         See http://bankrupt.com/misc/mdb11-29842c.pdf
         represented by  Lawrence Heffner, Esq.
                         Russell & Heffner, LLC
                         E-mail: lheffner@prodigy.net

In Re GH Developers, LLC
   Bankr. D. Mass. Case No. 11-19483
      Chapter 11 Petition filed October 4, 2011
         See http://bankrupt.com/misc/mab11-19483.pdf
         represented by  Nina M. Parker, Esq.
                         Parker & Associates
                         E-mail: nparker@ninaparker.com

In Re Michael Reddington
   Bankr. D. Mass. Case No. 11-19487
      Chapter 11 Petition filed October 4, 2011

In Re Douglas Marshall
      Heidi Marshall
   Bankr. W.D. Mich. Case No. 11-10116
      Chapter 11 Petition filed October 4, 2011

In Re Terry Flowers
   Bankr. S.D. Miss. Case No. 11-52288
      Chapter 11 Petition filed October 4, 2011

In Re Jet's Wines & Liquors Co., Inc.
   Bankr. D. N.J. Case No. 11-39072
      Chapter 11 Petition filed October 4, 2011
         See http://bankrupt.com/misc/njb11-39072.pdf
         represented by  Rhinold Lamar Ponder, Esq.
                         Ponder Tuck Ponder, LLC.
                         E-mail: ponderlaw@verizon.net

In Re A.L.R. Realty, LLC
   Bankr. E.D. N.Y. Case No. 11-48475
      Chapter 11 Petition filed October 4, 2011
         See http://bankrupt.com/misc/nyeb11-48475.pdf
         represented by  Neil R. Flaum, Esq.
                         Flaum & Associates, P.C.
                         E-mail: flaumandassociatespc@gmail.com

In Re Rodney Wilson
   Bankr. N.D. Texas Case No. 11-50396
      Chapter 11 Petition filed October 4, 2011

In Re Sava Circuits, L.L.C.
   Bankr. N.D. Texas Case No. 11-36398
      Chapter 11 Petition filed October 4, 2011
         See http://bankrupt.com/misc/txnb11-36398.pdf
         represented by  Rakhee V. Patel, Esq.
                         Pronske & Patel, P.C.
                         E-mail: rpatel@pronskepatel.com

In Re Timothy Brown
   Bankr. N.D. Texas Case No. 11-36400
      Chapter 11 Petition filed October 4, 2011

In Re Claude Eldridge
   Bankr. S.D. Texas Case No. 11-38598
      Chapter 11 Petition filed October 4, 2011


In Re Russell Macfarlane
   Bankr. D. Ariz. Case No. 11-28160
      Chapter 11 Petition filed October 5, 2011

In Re David & Sandy Properties LLC
   Bankr. M.D. Fla. Case No. 11-18738
      Chapter 11 Petition filed October 5, 2011
         See http://bankrupt.com/misc/flmb11-18738.pdf
         represented by  David W. Steen, Esq.
                         David W Steen, P.A.
                         E-mail: dwsteen@dsteenpa.com

In Re Jerrywood,LLC
   Bankr. M.D. Fla. Case No. 11-18766
      Chapter 11 Petition filed October 5, 2011
         See http://bankrupt.com/misc/flmb11-18766.pdf
         represented by  Allan C. Watkins, Esq.
                         Watkins Law Firm, PA
                         E-mail: court@watkinslawfl.com

In Re The Diamond and Jewelry Source, Inc.
   Bankr. N.D. Ga. Case No. 11-13338
      Chapter 11 Petition filed October 5, 2011
         See http://bankrupt.com/misc/ganb11-13338.pdf
         represented by  H. Matthew Horne, Esq.
                         Rosenzweig, Jones, Horne & Griffis, P.C.
                         E-mail: matt@newnanlaw.com

In Re T & Z Meat, Inc.
   Bankr. N.D. Ill. Case No. 11-40580
      Chapter 11 Petition filed October 5, 2011
         See http://bankrupt.com/misc/ilnb11-40580.pdf
         represented by  Paul M. Bach, Esq.
                         Bach Law Offices
                         E-mail: paul@bachoffices.com

In Re Avonlea Ridge, Inc.
        dba J's Auto Body
   Bankr. D. Md. Case No. 11-29921
      Chapter 11 Petition filed October 5, 2011
         See http://bankrupt.com/misc/mdb11-29921.pdf
         represented by  John Shin, Esq.
                         E-mail: john@shinlegal.com

In Re Thomas Norris
      Elizabeth Norris
   Bankr. D. Md. Case No. 11-29865
      Chapter 11 Petition filed October 5, 2011

In Re Joseph Pearce Wilger
   Bankr. W.D. Mich. Case No. 11-10177
      Chapter 11 Petition filed October 5, 2011

In Re James Severa
   Bankr. W.D. Neb. Case No. 11-82511
      Chapter 11 Petition filed October 5, 2011

In Re Samuels & Samuels LLC
   Bankr. D. N.J. Case No. 11-39198
      Chapter 11 Petition filed October 5, 2011
         See http://bankrupt.com/misc/njb11-39198.pdf
         represented by  Mark K. Smith, Esq.
                         Law Offices of Mark K. Smith, LLC
                         E-mail: markksmithlaw@aol.com

In Re Marcos Devarie
   Bankr. D. Puerto Rico Case No. 11-08637
      Chapter 11 Petition filed October 5, 2011

In Re Millenium Pure Water Bottler's Corp.
        aka Natural Spring Water
        aka Agua Lemarie
        aka Millenium Pure Water
   Bankr. D. Puerto Rico Case No. 11-08639
      Chapter 11 Petition filed October 5, 2011
         See http://bankrupt.com/misc/prb11-08639.pdf
         represented by  Jesus Santiago Malavet, Esq.
                         Santiago Malavet And Santiago Law Office
                         E-mail: jsantiago.smslopsc@gmail.com

In Re Larry Marks
   Bankr. M.D. Tenn. Case No. 11-10028
      Chapter 11 Petition filed October 5, 2011

In Re Mary Shankles
   Bankr. E.D. Texas Case No. 11-43075
      Chapter 11 Petition filed October 5, 2011


In Re 300 Parking Street
   Bankr. N.D. Calif. Case No. 11-33623
      Chapter 11 Petition filed October 5, 2011
         represented by  Jonathan Fried, Esq.
                         Law Offices of Jonathan Fried
                         E-mail: jon.fried@yahoo.com

In Re Joseph Brasco
   Bankr. N.D. Ala. Case No. 11-83492
      Chapter 11 Petition filed October 6, 2011

In Re Daniel Boone
   Bankr. D. Ariz. Case No. 11-28286
      Chapter 11 Petition filed October 6, 2011

In Re Mark Radziszewski
   Bankr. D. Ariz. Case No. 11-28285
      Chapter 11 Petition filed October 6, 2011

In Re Martin Lipsic
   Bankr. C.D. Calif. Case No. 11-51924
      Chapter 11 Petition filed October 6, 2011

In Re Boomerangit, Inc.
   Bankr. N.D. Calif. Case No. 11-70705
      Chapter 11 Petition filed October 6, 2011
         filed pro se

In Re Gary Stancil
   Bankr. D. D.C. Case No. 11-00747
      Chapter 11 Petition filed October 6, 2011

In Re Leslie Arouh
   Bankr. S.D. Fla. Case No. 11-37865
      Chapter 11 Petition filed October 6, 2011

In Re New Horizons Internal Medicine LLC
   Bankr. N.D. Ga. Case No. 11-79245
      Chapter 11 Petition filed October 6, 2011
         See http://bankrupt.com/misc/ganb11-79245.pdf
         represented by  Paul Reece Marr, Esq.
                         Paul Reece Marr, P.C.
                         E-mail: pmarr@mindspring.com

In Re Victor Hildyard
   Bankr. D. Kan. Case No. 11-41646
      Chapter 11 Petition filed October 6, 2011

In Re Blue Mountain Steel, Inc.
   Bankr. D. Nev. Case No. 11-53148
      Chapter 11 Petition filed October 6, 2011
         See http://bankrupt.com/misc/nvb11-53148.pdf
         represented by  Alan R. Smith, Esq.
                         Danna McKitrick, PC
                         E-mail: mail@asmithlaw.com

In Re Edward Deets
   Bankr. M.D. Pa. Case No. 11-06868
      Chapter 11 Petition filed October 6, 2011

In Re Tri-State Reprographics, Inc.
   Bankr. W.D. Pa. Case No. 11-26215
      Chapter 11 Petition filed October 6, 2011
         See http://bankrupt.com/misc/pawb11-26215.pdf
         represented by  Christopher M. Frye, Esq.
                         Steidl & Steinberg
                         E-mail: chris.frye@steidl-steinberg.com

In Re Edwin Guzman-Morales
   Bankr. D. Puerto Rico Case No. 11-08682
      Chapter 11 Petition filed October 6, 2011

In Re Stallard Child Care Services, LLC
        dba Christiansburg Child Care Center
        dba Tiny Treasures
   Bankr. W.D. Va. Case No. 11-72054
      Chapter 11 Petition filed October 6, 2011
         See http://bankrupt.com/misc/vawb11-72054.pdf
         represented by  A. Carter Magee, Jr., Esq.
                         Magee Goldstein Lasky & Sayers, P.C.
                         E-mail: cmagee@mglspc.com

In Re Andrea Elkins
   Bankr. W.D. Wash. Case No. 11-21795
      Chapter 11 Petition filed October 6, 2011

In Re Nicholas Wampach
   Bankr. W.D. Wash. Case No. 11-47925
      Chapter 11 Petition filed October 6, 2011

In Re Terry Swanson
   Bankr. W.D. Wash. Case No. 11-21768
      Chapter 11 Petition filed October 6, 2011

In Re Fox Steel Products, LLC
   Bankr. D. Conn. Case No. 11-32569
      Chapter 11 Petition filed October 7, 2011
         See http://bankrupt.com/misc/ctb11-32569.pdf
         represented by  Ellery E. Plotkin, Esq.
                         E-mail: EPlotkinJD@aol.com

In Re Fox Steel Services, LLC
   Bankr. D. Conn. Case No. 11-32570
      Chapter 11 Petition filed October 7, 2011
         See http://bankrupt.com/misc/ctb11-32570.pdf
         represented by  Ellery E. Plotkin, Esq.
                         Law Offices of Jonathan Fried
                         E-mail: EPlotkinJD@aol.com

In Re Panama City Florist & Gifts Inc.
   Bankr. N.D. Fla. Case No. 11-50535
      Chapter 11 Petition filed October 7, 2011
         See http://bankrupt.com/misc/flnb11-50535.pdf
         represented by  Charles M. Wynn, Esq.
                         Charles M. Wynn Law Offices, P.A.
                         E-mail: wynnlawbnk@earthlink.net

In Re Seaside Engineering & Surveying, Inc.
   Bankr. N.D. Fla. Case No. 11-31637
      Chapter 11 Petition filed October 7, 2011
         See http://bankrupt.com/misc/flnb11-31637.pdf
         represented by  Teresa M. Dorr, Esq.
                         Zalkin Revell, PLLC
                         E-mail: tdorr@zalkinrevell.com

In Re Tarheel Investors, Inc.
   Bankr. S.D. Ga. Case No. 11-21251
      Chapter 11 Petition filed October 7, 2011
         See http://bankrupt.com/misc/gasb11-21251.pdf
         represented by  Jon A. Levis, Esq.
                         Merrill & Stone, LLC
                         E-mail: bkymail@merrillstonehamilton.com

In Re Rojas, 2459 Club, Inc.
        dba Aquarius Club and Restaurant
   Bankr. N.D. Ill. Case No. 11-40922
      Chapter 11 Petition filed October 7, 2011
         See http://bankrupt.com/misc/ilnb11-40922.pdf
         represented by  Neil P. Gantz, Esq.
                         Neil Gantz Law Offices
                         E-mail: neilgantz@yahoo.com

In Re Vitantonio Meccia
   Bankr. N.D. Ill. Case No. 11-40848
      Chapter 11 Petition filed October 7, 2011

In Re Larry Fitch
   Bankr. E.D. La. Case No. 11-13322
      Chapter 11 Petition filed October 7, 2011


In Re Roberts Broadcasting Company
        aka WRBU-TV
   Bankr. E.D. Mo. Case No. 11-50744
      Chapter 11 Petition filed October 7, 2011
         See http://bankrupt.com/misc/moeb11-50744.pdf
         represented by  A. Thomas DeWoskin, Esq.
                         Danna McKitrick, PC
                         E-mail: tdewoskin@dmfirm.com

   In Re Roberts Broadcasting Company of Jackson, MS, LLC
      Bankr. E.D. Mo. Case No. 11-50745
         Chapter 11 Petition filed October 7, 2011

      In Re Roberts Broadcasting Company of Evansville, IN, LLC
         Bankr. E.D. Mo. Case No. 11-50746
            Chapter 11 Petition filed October 7, 2011

         In Re Roberts Broadcasting Company of Columbia, SC, LLC
            Bankr. E.D. Mo. Case No. 11-50747
               Chapter 11 Petition filed October 7, 2011


In Re Kenneth Huff
   Bankr. D. Nev. Case No. 11-53159
      Chapter 11 Petition filed October 7, 2011

In Re Ngaw Ang
   Bankr. E.D.N.Y. Case No. 11-48543
      Chapter 11 Petition filed October 7, 2011

In Re Armand Assante
   Bankr. S.D.N.Y. Case No. 11-37823
      Chapter 11 Petition filed October 7, 2011

In Re Kalf II Enterprises, LLC
   Bankr. W.D. Pa. Case No. 11-26256
      Chapter 11 Petition filed October 7, 2011
         See http://bankrupt.com/misc/pawb11-26256p.pdf
         See http://bankrupt.com/misc/pawb11-26256c.pdf
         represented by  Donald R. Calaiaro , Esq.
                         Calaiaro & Corbett, P.C.
                         E-mail: dcalaiaro@calaiarocorbett.com

In Re The Wine Loft Pittsburgh, Inc.
   Bankr. W.D. Pa. Case No. 11-26268
      Chapter 11 Petition filed October 7, 2011
         See http://bankrupt.com/misc/pawb11-26268.pdf
         represented by  Joan Shinavski, Esq.
                         McKay & Associates, P.C.
                         E-mail: joan@mckaylaw.com

In Re Continental Academy Of America Inc.
        dba Colegio University Gar dens
   Bankr. D. Puerto Rico Case No. 11-08723
      Chapter 11 Petition filed October 7, 2011
         See http://bankrupt.com/misc/prb11-08723.pdf
         represented by  Maria Mercedes Figueroa Y Morgade, Esq.
                         Figueroa Y Morgade Legal Advisors
                         E-mail:  figueroaymorgadelaw@yahoo.com

In Re JMJ Quality Foods, LLC
   Bankr. E.D. Va. Case No. 11-74501
      Chapter 11 Petition filed October 7, 2011
         filed pro se

In Re Kevin Soares
   Bankr. W.D. Wash. Case No. 11-21862
      Chapter 11 Petition filed October 7, 2011


In Re Shlomo Eplboim
   Bankr. C.D. Calif. Case No. 11-21896
      Chapter 11 Petition filed October 10, 2011

In Re Doris Tran
   Bankr. N.D. Calif. Case No. 11-33686
      Chapter 11 Petition filed October 10, 2011

In Re Timothy F. Geraci P.C.
   Bankr. N.D. Calif. Case No. 11-70797
      Chapter 11 Petition filed October 10, 2011
         See http://bankrupt.com/misc/canb11-70797.pdf
         represented by  William F. McLaughlin, Esq.
                         Law Offices of William F. McLaughlin
                         E-mail:  mcl551@aol.com

In Re Michael Delaney
   Bankr. S.D. Calif. Case No. 11-16748
      Chapter 11 Petition filed October 10, 2011

In Re Gunder Zimmermann
   Bankr. M.D. Fla. Case No. 11-18913
      Chapter 11 Petition filed October 10, 2011

In Re Hightower Geotechnical Services, Inc.
   Bankr. M.D. Fla. Case No. 11-07405
      Chapter 11 Petition filed October 10, 2011
         See http://bankrupt.com/misc/flmb11-07405.pdf
         represented by  Brett A. Mearkle, Esq.
                         Law Office of Brett A. Mearkle
                         E-mail: bmearkle@mearklelaw.com

In Re Clarence McKemie III
   Bankr. N.D. Ga. Case No. 11-43404
      Chapter 11 Petition filed October 10, 2011

In Re Alan Lang
   Bankr. N.D. Ill. Case No. 11-41152
      Chapter 11 Petition filed October 10, 2011


In Re Women's Aid Clinic of Lincolnwood, Inc.
   Bankr. N.D. Ill. Case No. 11-41181
      Chapter 11 Petition filed October 10, 2011
         See http://bankrupt.com/misc/ilnb11-41181.pdf
         represented by  Ernesto D. Borges, Esq.
                         Law Offices of Ernesto Borges
                         E-mail: notice@billbusters.com

In Re Jeffrey Abreu Prosper
   Bankr. D. Puerto Rico Case No. 11-08744
      Chapter 11 Petition filed October 10, 2011

In Re Richmond Halls
   Bankr. D. S.C. Case No. 11-06320
      Chapter 11 Petition filed October 10, 2011


In Re Jimmy Mcgee
   Bankr. M.D. Tenn. Case No. 11-10185
      Chapter 11 Petition filed October 10, 2011

In Re Khushru Frenchman
   Bankr. M.D. Tenn. Case No. 11-10167
      Chapter 11 Petition filed October 10, 2011

In Re Glassport Hotspot LLC
   Bankr. W.D. Pa. Case No. 11-26292
      Chapter 11 Petition filed October 10, 2011
         See http://bankrupt.com/misc/pawb11-26292p.pdf
         See http://bankrupt.com/misc/pawb11-26292c.pdf
         represented by  Michael J. Hudock, III, Esq.
                         Michael J. Hudock and Associates PC
                         E-mail: michaelhudock@comcast.net



                           *********

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

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

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

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

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

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

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

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

                           *********

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

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

Copyright 2011.  All rights reserved.  ISSN: 1520-9474.

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

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


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