TCR_Public/120414.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

             Saturday, April 14, 2012, Vol. 16, No. 103

                            Headlines

AES EASTERN: Ends February 2012 With $27.39-Mil. Cash
AHERN RENTALS: Ends February 2012 With $6.33-Mil. Cash
ALLEN FAMILY: Reports $5,905 Net Loss in Jan. 29 - Feb. 25 Period
AMERICAN AIRLINES: Has $619 Million February Net Loss
BEAR ISLAND: Ends February 2012 With $21.85-Mil. Cash

BUFFETS INC: Has $27.2-Mil. Net Loss in February 2012
BEACON POWER: Has $470-K in Total Cash at the End of Dec. 2011
CHEF SOLUTIONS: Posts $254,356 Net Loss in February 2012
CHRIST HOSPITAL: Posts $939,000 Net Loss in Feb. 7 - 29 Period
DELTA PETROLEUM: Ends February 2012 With $11.99-Mil. Cash

EASTMAN KODAK: Has $100.3 Mil. Net Loss for January
EASTMAN KODAK: Has $97.3 Mil. Net Loss for February
ENERGY CONVERSION:  Ends February With $3.09 Million in Cash
EVERGREEN SOLAR: Reports $1.6-Mil. Net Loss in Month Ended Feb. 25
GENERAL MARITIME: Ends February 2012 With $16.6-Mil. Cash

GLOBAL AVIATION: Has $9.86 Million February Operating Loss
HARTFORD COMPUTER: Reports $0 Cash Profit in January 2012
HOSTESS BRANDS: Posts $17.4-Mil. Net Loss in 4 Weeks Ended March 3
IMPERIAL CAPITAL:  Ends February 2012 With $37.25 Million in Cash
MANISTIQUE PAPERS: Reports $5.1 Million Losses Since August

NEBRASKA BOOK: Posts $132.7MM Net Loss in 11 Months Ended Feb. 29
NEWPAGE CORP: Reports $44.7 Million Loss in February
ROOMSTORE INC: Ends January 2012 with $142,000 Cash
SOLYNDRA LLC: Has $1.77-Mil. Cash at March 3
SP NEWSPRINT: Posts $9.4-Mil. Net Loss in February 2012

TBS SHIPPING: Posts $7.1-Mil. Net Loss in Feb. 6 - 29 Period
TRIDENT MICROSYSTEMS: Posts $1.3-Mil. Net Loss in February 2012
WASHINGTON MUTUAL: Has 3.97 Billion in Cash as of Feb. 29, 2012





                          *********


AES EASTERN: Ends February 2012 With $27.39-Mil. Cash
-----------------------------------------------------
AES Eastern Energy, L.P., reported a net loss of $5.9 million on
$6.6 million of net revenue for the month ended Feb. 29, 2012.
Interest expense was $223,814 in the month.  Rent and lease
expense was $5.0 million; a footnote however said that pursuant to
the Settlement Agreement, the company will not be making any rent
payments.  The company incurred $6.5 million in professional fees
during the month.

At Feb. 29, 2012, the Debtor's balance sheet showed $2.992 billion
in total assets, $70.4 million in total liabilities, and net owner
equity of $2.922 billion.  The Debtor ended Feb. 29, 2012, with
unrestricted cash of $27,396,834.

A copy of the February operating report is available for free
at http://bankrupt.com/misc/aeseastern.feb2012mor.pdf

                        About AES Eastern

Ithaca, New York-based AES Eastern Energy, L.P., either directly
or indirectly, control six coal-fired electric generating plants
located in New York State.  Currently, the Debtors actively
operate two of the six power plants and sell the electricity
generated by those plants into the New York wholesale power market
to utilities and other intermediaries under short-term agreements
or directly in the spot market.

AES Eastern Energy and 13 affiliates filed for Chapter 11
bankruptcy (Bankr. D. Del. Case Nos. 11-14138 through 11-14151) on
Dec. 30, 2011.  Lawyers at Weil, Gotshal & Manges LLP and
Richards, Layton & Finger, P.A., are legal counsel to AES Eastern
Energy and affiliates.  Barclays Capital is serving as investment
banker and financial advisor.  Kurtzman Carson Consultants is the
claims and noticing agent.  AES Eastern Energy estimated
$100 million to $500 million in assets and $500 million to
$1 billion in debts.  The petition was signed by Peter Norgeot,
general manager.

Gregory A. Horowith, Esq., and Robert T. Schmidt, Esq., at Kramer,
Levin, Naftalis & Frankel LLP; and William T. Bowden, Esq.,
Benjamin W. Keenan, Esq., and Karen B. Skomorucha, Esq., at Ashby
& Geddes, P.A., serve as counsel to the Creditors Committee.  FTI
Consulting Inc. is the financial advisor.

AES Eastern Energy prevailed over opposition and obtained
authorization to hold a March 26 auction for the two operating
power plants.  Under a deal reached prepetition, the Debtor would
turn the two operating facilities over to debt holders in exchange
for debt, absent higher and better offers.


AHERN RENTALS: Ends February 2012 With $6.33-Mil. Cash
------------------------------------------------------
Ahern Rentals, Inc., reported a net loss of $6.0 million on total
revenues of $28.1 million for the month ended Feb. 29, 2012.
Professional fees totaled $945,673 in the month.

At Feb. 29, 2012, Ahern Rentals had $460.3 million in total
assets, $659.2 million in total liabilities, and a stockholders'
deficit of $198.9 million.  Ahern ended February 2012 with
$6,338,962 in unrestricted cash, compared to beginning cash of
$3,436,251.  The Debtor paid a total of $2,070,678 in
restructuring expenses during the month.

A copy of the February 2012 operating report is available for free
at http://bankrupt.com/misc/ahernrentals.feb2012mor.pdf

                       About Ahern Rentals

Founded in 1953 with one location in Las Vegas, Nevada, Ahern
Rentals Inc. -- http://www.ahern.com/-- now offers rental
equipment to customers through its 74 locations in Arizona,
Arkansas, California, Colorado, Georgia, Kansas, Maryland,
Nebraska, Nevada, New Jersey, New Mexico, North Carolina, North
Dakota, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee,
Texas, Utah, Virginia and Washington.

Ahern Rentals filed a voluntary Chapter 11 petition (Bankr. D.
Nev. Case No. 11-53860) on Dec. 22, 2011, after failing to obtain
an extension of the Aug. 21, 2011 maturity of its revolving credit
facility.  Judge Bruce T. Beesley presides over the case.  Lawyers
at Gordon Silver serve as the Debtor's counsel.  The Debtor's
financial advisors are Oppenheimer & Co. and The Seaport Group.
Kurtzman Carson Consultants LLC serves as claims and notice agent.

Counsel to Bank of America, as the DIP Agent and First Lien Agent,
are Albert M. Fenster, Esq., and Marc D. Rosenberg, Esq., at Kaye
Scholer LLP, and Robert R. Kinas, Esq., at Snell & Wilmer.
Attorneys for the Majority Term Lenders are Paul Aronzon, Esq.,
and Robert Jay Moore, Esq., at Milbank, Tweed, Hadley & McCloy
LLP.  Counsel for the Majority Second Lienholder are Paul V.
Shalhoub, Esq., Joseph G. Minias, Esq., and Ana M. Alfonso, Esq.,
at Willkie Farr & Gallagher LLP.  Attorney for GE Capital is James
E. Van Horn, Esq., at McGuirewoods LLP.  Wells Fargo Bank is
represented by Andrew M. Kramer, Esq., at Otterbourg, Steindler,
Houston & Rosen, P.C.  Allan S. Brilliant, Esq., and Glenn E.
Siegel, Esq., at Dechert LLP argue for certain revolving lenders.

Attorneys for U.S. Bank National Association, as successor to
Wells Fargo Bank, as collateral agent and trustee for the benefit
of holders of the 9-1/4% Senior Secured Notes Due 2013 under the
Indenture dated Aug. 18, 2005, is Kyle Mathews, Esq., at Sheppard,
Mullin, Richter & Hampton LLP and Timothy Lukas, Esq., at Holland
& Hart.

In its schedules, the Debtor disclosed $485,807,117 in assets and
$649,919,474 in liabilities.

The Official Committee of Unsecured Creditors has tapped Covington
& Burling LLP as counsel, Downey Brand LLP as local counsel, and
FTI Consulting as financial advisor.


ALLEN FAMILY: Reports $5,905 Net Loss in Jan. 29 - Feb. 25 Period
-----------------------------------------------------------------
Allen's Family Foods, Inc., et al., reported a net loss of $5,905
on $0 sales for the reporting period Jan. 29, 2012, to Feb. 25,
2012.

The Debtor's balance sheet at Feb. 25, 2012, showed $30.5 million
in total assets, $29.6 million in total liabilities, and
stockholders' equity of $890,222.

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

       http://bankrupt.com/misc/allenfamily.feb.2012mor.pdf

Allen's Hatchery, Inc., et al., reported a net loss of $27,294 on
$0 sales for the reporting period Jan. 29, 2012, to Feb. 25, 2012.

The Debtor's balance sheet at Feb. 25, 2012, showed $32.0 million
in total assets, $63.7 million in total liabilities, and a
stockholders' deficit of $31.7 million.

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

http://bankrupt.com/misc/allen'shatchery.feb2012mor.pdf

JCR Enterprises, Inc., et al., reported $0 loss on $0 sales for
the reporting period Jan. 29, 2012, to Feb. 25, 2012.

The Debtor's balance sheet at Feb. 25, 2012, showed $656,724 in
total assets, $516,911 in total liabilities, and stockholders'
equity of $139,813.

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

http://bankrupt.com/misc/jcrenterprises.feb.2012mor.pdf

                    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.


AMERICAN AIRLINES: Has $619 Million February Net Loss
-----------------------------------------------------

                   AMR Corporation, et al.
              Condensed Consolidated Balance Sheet
                   As of February 29, 2012

ASSETS
Current Assets
Cash                                              $405,000,000
Short-term investments                           4,241,000,000
Restricted cash and short-term investments         768,000,000
Receivables, net                                 1,042,000,000
Inventories, net                                   595,000,000
Fuel derivative contracts                          160,000,000
Other current assets                               375,000,000
                                                ---------------
                                                  7,586,000,000
Equipment and property
Flight equipment, net                           10,858,000,000
Other equipment and property, net                2,116,000,000
Purchase deposits for flight equipment             703,000,000
                                                ---------------
                                                 13,677,000,000
Equipment and property under capital leases
Flight equipment, net                              314,000,000
Other equipment and property, net                   70,000,000
                                                ---------------
                                                    384,000,000

International slots and route authorities           708,000,000
Domestic slots and airport operating and
gate lease rights, less accumulated
amortization, net                                  181,000,000
Other assets                                      1,904,000,000
                                                ---------------
TOTAL ASSETS                                    $24,440,000,000
                                                ===============

Liabilities and stockholders' equity (deficit)
Current liabilities
Accounts payable                                $1,240,000,000
Accrued liabilities                              1,895,000,000
Air traffic liability                            4,698,000,000
Current maturities of long-term debt             1,507,000,000
Current obligations under capital leases            37,000,000
                                                ---------------
Total current liabilities                        9,377,000,000

Long-term debt, less current maturities          6,752,000,000
Obligations under capital leases, less
current obligations                                286,000,000
Pension and postretirement benefits              9,297,000,000
Other liabilities, deferred gains and
deferred credits                                 1,571,000,000

Liabilities subject to compromise                 5,016,000,000

Stockholders' Equity
Preferred stock                                              -
Common stock                                       341,000,000
Additional paid-in capital                       4,469,000,000
Treasury stock                                    (367,000,000)
Accumulated other comprehensive income (loss)   (3,863,000,000)
Accumulated deficit                             (8,439,000,000)
                                                ---------------
                                                 (7,859,000,000)
                                                ---------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY      $24,440,000,000
                                                ===============

                     AMR Corporation, et al.
                Consolidated Statement of Operations
                 Month Ended February 29, 2012

Revenues
Passenger - American Airlines                   $1,355,000,000
          - Regional Affiliates                     201,000,000
Cargo                                               52,000,000
Other revenues                                     199,000,000
                                                ---------------
Total operating revenues                         1,807,000,000

Expenses
Aircraft fuel                                      682,000,000
Wages, salaries and benefits                       584,000,000
Other rentals and landing fees                     113,000,000
Maintenance, materials and repairs                 109,000,000
Depreciation and amortization                       87,000,000
Commissions, booking fees and credit card expense   81,000,000
Aircraft rentals                                    56,000,000
Food service                                        40,000,000
Special charges                                     11,000,000
Other operating expenses                           230,000,000
                                                ---------------
                                                  1,993,000,000
                                                ---------------
Operating income (loss)                            (186,000,000)

Other income (expense)
Interest income                                      2,000,000
Interest expense                                   (60,000,000)
Interest capitalized                                 4,000,000
Miscellaneous - net                                 (4,000,000)
                                                ---------------
                                                    (58,000,000)
                                                ---------------
Income (loss) before reorganization items          (244,000,000)

Reorganization items, net                          (375,000,000)
                                                ---------------
Income (loss) before income taxes                  (619,000,000)
Income tax                                                    -
                                                ---------------
Net income (loss)                                 ($619,000,000)
                                                ===============

                     AMR Corporation, et al.
          Condensed Consolidated Statement of Cash Flows
                  Month Ended February 29, 2012

Net cash provided by (used for) Operating
Activities                                        $353,000,000

Cash flow from investing activities:
Capital expenditures, including aircraft
lease deposits                                    (107,000,000)
Net (increase) decrease in short-term investments (448,000,000)
Net (increase) decrease in restricted cash and
short-term investments                                       -
Proceeds from sale of equipment and property                 -
                                                   ------------
Net cash used for investing activities            (555,000,000)

Cash flow from financing activities:
Payments on long-term debt and capital
lease obligations                                  (24,000,000)
Proceeds from:
Issuance of debt                                             -
Sale leaseback transactions                        284,000,000
Other                                                        -
                                                   ------------
                                                    260,000,000
                                                   ------------
Net increase (decrease) in cash                      58,000,000
Cash at beginning of period                         347,000,000
                                                   ------------
Cash at end of period                              $405,000,000
                                                   ============


                      About American Airlines

AMR Corp. and its subsidiaries including American Airlines, the
third largest airline in the United States, filed for bankruptcy
protection (Bankr. S.D.N.Y. Lead Case No. 11-15463) in Manhattan
on Nov. 29, 2011, after failing to secure cost-cutting labor
agreements.

AMR, previously the world's largest airline prior to mergers by
other airlines, is the last of the so-called U.S. legacy airlines
to seek court protection from creditors.

American Airlines, American Eagle and the AmericanConnection
carrier serve 260 airports in more than 50 countries and
territories with, on average, more than 3,300 daily flights.  The
combined network fleet numbers more than 900 aircraft.

The Company reported a net loss of $884 million on
$18.02 billion of total operating revenues for the nine months
ended Sept. 30, 2011.  AMR recorded a net loss of $471 million in
the year 2010, a net loss of $1.5 billion in 2009, and a net loss
of $2.1 billion in 2008.

The Company's balance sheet at Sept. 30, 2011, showed
$24.72 billion in total assets, $29.55 billion in total
liabilities, and a $4.83 billion stockholders' deficit.

Weil, Gotshal & Manges LLP serves as bankruptcy counsel to the
Debtors.  Paul Hastings LLP and Debevoise & Plimpton LLP Groom Law
Group, Chartered, are on board as special counsel.  Rothschild
Inc., is the financial advisor.   Garden City Group Inc. is the
claims and notice agent.

Jack Butler, Esq., John Lyons, Esq., Felecia Perlman, Esq., and
Jay Goffman, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP
serve as counsel to the Official Committee of Unsecured Creditors
in AMR's chapter 11 proceedings.  Togut, Segal & Segal LLP is the
co-counsel for conflicts and other matters; Moelis & Company LLC
is the investment banker, and Mesirow Financial Consulting, LLC,
is the financial advisor.

Bankruptcy Creditors' Service, Inc., publishes AMERICAN AIRLINES
BANKRUPTCY NEWS.  The newsletter tracks the Chapter 11 proceeding
undertaken by AMR Corp. and its affiliates.
(http://bankrupt.com/newsstand/or 215/945-7000 ).


BEAR ISLAND: Ends February 2012 With $21.85-Mil. Cash
-----------------------------------------------------
Bear Island Paper Company, L.L.C., reported net income of $977,284
on net sales of $12.0 million for Feb. 2012.  Gross profit was
$1.45 million.

At Feb. 29, 2012, the Company had $146.9 million in total
assets, $152.4 million in total liabilities, and a stockholders'
deficit of $5.5 million.  The Company ended the period with
$21,853,272 cash.  Beginning cash was $20,595,829.  Payment for
professional fees totaled $79,904 in the month.

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

       http://bankrupt.com/misc/bearisland.feb.2012mor.pdf

Canada-based White Birch Paper Company is the second largest
newsprint producer in North America.  As of Dec. 31, 2009, the
White Birch Group held a 12% share of the North American newsprint
market and employed roughly 1,300 individuals (the majority of
which reside in Canada).  Bear Island Paper Company, L.L.C., is a
U.S.-based unit of White Birch.

Bear Island filed a voluntary petition for relief under Chapter 11
of the Bankruptcy Code (Bankr. E.D. Va. Case No. 10-31202) on
Feb. 24, 2010.  At June 30, 2011, the Company had $141.9 million
in total assets, $153.2 million in total liabilities, and a
stockholders' deficit of $11.3 million.

White Birch filed for bankruptcy protection under Canada's
Companies' Creditors Arrangement Act, before the Superior Court
for the Province of Quebec, Commercial Division, Judicial District
of Montreal, Canada.  White Birch and five other affiliates --
F.F. Soucy Limited Partnership; F.F. Soucy, Inc. & Partners,
Limited Partnership; Papier Masson Ltee; Stadacona Limited
Partnership; and Stadacona General Partner, Inc. -- also sought
bankruptcy protection under Chapter 15 of the U.S. Bankruptcy Code
(Bankr. E.D. Va. Case No. 10-31234).  Jonathan L. Hauser, Esq., at
Troutman Sanders LLP, in Virginia Beach, Virginia Beach, serves as
counsel to White Birch in the Chapter 11 case.

Richard M. Cieri, Esq., Christopher J. Marcus, Esq., and Michael
A. Cohen, Esq., at Kirkland & Ellis LLP, in New York, serve as
counsel to Bear Island.  Jonathan L. Hauser, Esq., at Troutman
Sanders LLP, in Virginia Beach, Virginia, serve as co-counsel to
Bear Island.

AlixPartners LLP serves as financial and restructuring advisors to
Bear Island, and Lazard Freres & Co., serves as investment banker.
Garden City Group is the claims and notice agent.  Jason William
Harbour, Esq., at Hunton & Williams LLP, in Richmond, Virginia,
represents the Official Committee of Unsecured Creditors.

Chief Judge Douglas O. Tice, Jr., handles the Chapter 11 and
Chapter 15 cases.

Bear Island was authorized by the bankruptcy judge in
November 2010 to sell the business to a group consisting of Black
Diamond Capital Management LLC, Credit Suisse Group AG and Caspian
Capital Advisors LLC.


BUFFETS INC: Has $27.2-Mil. Net Loss in February 2012
-----------------------------------------------------
Buffets Restaurants Holdings, Inc., et al., reported a net loss of
$27.2 million on $81.9 million of sales for February 2012.

At Feb. 29, 2012, the Debtors had $558.3 million in total assets,
$567.6 million in total liabilities, and a stockholders' deficit
of $9.3 million.

A copy of the February 2012 operating report is available for free
at http://bankrupt.com/misc/buffetsrestaurants.feb.2012mor.pdf

Buffets Restaurants Holdings, Inc., et al., reported a net loss of
$11.7 million on $53.2 million of sales for January 2012.

At Jan. 31, 2012, the Debtors had $546.3 million in total assets,
$528.5 million in total liabilities, and stockholders' equity of
$17.8 million.

A copy of the January 2012 operating report is available for free
at http://bankrupt.com/misc/buffetsrestaurants.jan.2012mor.pdf

                       About Buffets Inc.

Buffets Inc., the nation's largest steak-buffet restaurant
company, operates 494 restaurants in 38 states, comprised of 483
steak-buffet restaurants and 11 Tahoe Joe's Famous Steakhouse(R)
restaurants, and franchises 3 steak-buffet restaurants in two
states. The restaurants are principally operated under the Old
Country Buffet(R), HomeTown(R) Buffet, Ryan's(R) and Fire
Mountain(R) brands.  Buffets employs 28,000 team members and
serves 140 million customers annually.

Buffets Inc. and all of its subsidiaries filed Chapter 11
petitions (Bankr. D. Del. Lead Case No. 12-10237) on Jan. 18,
2012, after it reached a restructuring support agreement with 83%
of its lenders to eliminate virtually all of the Company's roughly
$245 million of outstanding debt.  In its schedules Buffets Inc.
disclosed $384,810,974 in assets and $353,498,404 in liabilities.
The Debtors are seeking to reject leases for 83 underperforming
restaurants.

Buffets had 626 restaurants when it began its prior bankruptcy
case (Bankr. D. Del. Case Nos. 08-10141 to 08-10158).  It emerged
from bankruptcy in April 2009.

Higher gasoline and energy costs, along with a decline in guest
count, have hampered the Debtors' ability to service their long-
term debt and caused a liquidity strain, forcing the Company to
return to Chapter 11 bankruptcy.

In the new Chapter 11 case, Buffets Inc.'s legal advisors are
Paul, Weiss, Rifkind, Wharton & Garrison LLP and Young, Conaway,
Stargatt & Taylor, LLP.  The Company's financial advisor is
Moelis, Inc.  Epiq Bankruptcy Solutions LLC serves as claims,
noticing and balloting agent.

An ad hoc committee of secured lenders is represented by Willkie
Far & Gallagher LLP and Blank Rome LLP as counsel and Conway, Del
Genio, Gries & Co. as financial advisors.  Credit Suisse, as DIP
Agent and Prepetition First Lien Agent, is represented by Skadden
Arps Slate Meagher & Flom as counsel.

The U.S. Trustee has appointed a 5-member Official Committee of
Unsecured Creditors in the Debtors' cases.


BEACON POWER: Has $470-K in Total Cash at the End of Dec. 2011
--------------------------------------------------------------
Beacon Power Corporation, on March 29, 2012, filed its monthly
operating report with the Bankruptcy Court for the period from
Dec. 1 through Dec. 31, 2011.

The Company reported a net loss of $6.65 million for the month
ended Dec. 31, 2011 on net revenue of $195,480.

As of Dec. 31, 2011, the company had total assets of $30.11
million, total liabilities of $46.42 million and total
stockholders' deficit of $16.31 million.

At the beginning of the month, Beacon Power had $921,240 in cash.
The company had total receipts of $92,722 and total disbursements
of $543,463.  As a result, at the end of December 31, 2011, Beacon
Power had total cash of $470,499.

A full-text copy of the monthly operating report is available at:

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

                        About Beacon Power

Beacon Power Corporation, along with affiliates, filed for Chapter
11 protection (Bankr. D. Del. Case No. 11-13450) on Oct. 30, 2011,
in Delaware.  Brown Rudnick and Potter Anderson & Corroon serve as
the Debtors' counsel.  Beacon disclosed assets of $72 million and
debt totaling $47 million, including a $39.1 million loan
guaranteed by the U.S. Energy Department.  Beacon built a $69
million facility with 20 megawatts of balancing capacity in
Stephentown, New York, funded mostly by the DoE loan.

The Debtors tapped Miller Wachman, LLP as auditors, Pluritas, LLC
as intellectual property advisors, CRG Partners Group LLC as
financial advisors.

Beacon Power is the second cleantech company which has been backed
by the U.S. Department of Energy via loan guarantees to fail this
year.  The first was Solyndra, which declared Chapter 11
bankruptcy on Sept. 6, 2011.

Roberta A. DeAngelis, the United States Trustee for Region 3,
appointed four unsecured creditors to serve on the Official
Committee of Unsecured Creditors of Beacon Power.

Affiliates that simultaneously sought Chapter 11 protection are
Stephentown Holding LLC (Bankr. D. Del. Case No. 11-13451) and
Stephentown Regulation Services LLC (Bankr. D. Del. Case No.
11-13452).


CHEF SOLUTIONS: Posts $254,356 Net Loss in February 2012
--------------------------------------------------------
Chef Solutions Holdings, LLC, et al., reported a net loss of
$254,356 on $0 sales for the month ended Feb. 29, 2012.  Loss
before reorganization items and taxes was $30,740.

At Feb. 29, 20121, the Debtors' balance sheet showed $8.3 million
in total assets, $42.6 million in total liabilities, and a
member's deficit of $34.3 million.

A copy of the February 2012 operating report is available for free
at http://bankrupt.com/misc/chefsolutions.feb.2012mor.pdf

                      About Chef Solutions

Chef Solutions, through subsidiary Orval Kent Food, was the second
largest manufacturer in North America of fresh prepared foods for
retail, food service and commercial channels.

Chef Solutions and its affiliates filed for Chapter 11 protection
(Bankr. D. Del. Case No. 11-13139) on Oct. 4, 2011.  Debtor Orval
Kent Food Company disclosed $82,902,336 in assets and $126,085,311
in liabilities in its schedules.

The Debtor was renamed to Food Processing Liquidation Holdings
LLC, following the sale of most of the assets to RMJV, L.P., a
joint venture between Mistral Capital Management LLC and Reser's
Fine Foods Inc.  In addition to debt assumption, the price
included $35.9 million in cash to pay off secured debt plus a
$25.3 million credit bid.

The Debtors entered into an asset purchase agreement with RMJV on
the Petition Date.  On Nov. 15, 2011, the Court approved the APA
and the sale, and on Nov. 21, the sale closed.

Judge Kevin Gross presides over the case.  Lawyers at Richards,
Layton & Finger, P.A., serve as the Debtors' bankruptcy counsel.
Donlin Recano is the claims and notice agent.  Piper Jaffray & Co.
has been hired as investment banker.  PricewaterhouseCoopers
serves as financial advisor.

Lowenstein Sandler PC and Polsinelli Shughart serve as counsel to
the creditors' committee appointed in the case.  Mesirow Financial
Consulting, LLC, is the financial advisor.


CHRIST HOSPITAL: Posts $939,000 Net Loss in Feb. 7 - 29 Period
--------------------------------------------------------------
Christ Hospital reported a net loss of $939,000 on $8.0 million of
net revenues for the reporting period Feb. 7, 2012, to Feb. 29,
2012.  The Debtor incurred $200,000 in professional fees in the
period.

The Debtor's balance sheet at Feb. 29, 2012, showed $36.8 million
in total assets, $117.6 million in total liabilities, and a fund
deficit of $80.8 million.

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

    http://bankrupt.com/misc/christhospital.feb7-feb29mor.pdf

                     About Christ Hospital

Christ Hospital filed for Chapter 11 bankruptcy (Bankr. D. N.J.
Case No. 12-12906) on Feb. 6, 2012.  Christ Hospital, founded in
1872 by an Episcopalian priest, is a 367-bed acute care hospital
located in Jersey City, New Jersey at 176 Palisade Avenue, serving
the community of Hudson County.  The Debtor is well-known for its
broad range of services from primary angioplasty for cardiac
patients to intensity modulated radiation therapy for those
battling cancer.  Christ Hospital is the only facility in Hudson
County to offer IMRT therapy, which is the most significant
breakthrough in cancer treatment in recent years.

Christ Hospital filed for Chapter 11 after an attempt to sell the
assets fell through.  Judge Morris Stern presides over the case.
Lawyers at Porzio, Bromberg & Newman, P.C., serve as the Debtor's
counsel.  Alvarez & Marsal North America LLC serves as financial
advisor.  Logan & Company Inc. serves as the Debtor's claim and
noticing agent.

The Health Professional and Allied Employees AFT/AFI-CIO is
represented in the case by Mitchell Malzberg, Esq., at Mitnick &
Malzberg P.C.

DIP lender HFG is represented in the Debtor's case by Benjamin
Mintz, Esq., at Kaye Scholer LLP and Paul R. De Filippo, Esq., at
Wollmuth Maher & Deutsch LLP.

Andrew H. Sherman, Esq., at Sills, Cummis & Gross, serves as
counsel to the Official Committee of Unsecured Creditors.  J.H.
Cohn LLP serves as financial advisor to the committee.

Suzanne Koenig of SAK Management Services, LLC, has been appointed
as patient care ombudsman.  She is represented by Greenberg
Traurig as counsel.

Hudson Hospital Holdco is represented in the case by McElroy,
Deutsch, Mulvaney & Carpenter, LLP.  Community Healthcare
Associates is represented in the case by Lowenstein Sandler PC.
Liberty Healthcare System, Inc., d/b/a Jersey City Medical Center,
which joined in CHA's bid, is represented by Duane Morris LLP.


DELTA PETROLEUM: Ends February 2012 With $11.99-Mil. Cash
---------------------------------------------------------
Delta Petroleum Corp., et al., reported a net loss of
$4.66 million on $2.96 million of net revenues for February 2012.

At Feb. 29, 2012, the Debtors' consolidated balance sheet showed
$381.06 million in total assets, $338.17 million in total
liabilities, and stockholders' equity of $42.89 million.

The Debtors ended the period with $11,997,351 in cash and cash
equivalents.

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

     http://bankrupt.com/misc/deltapetroleum.feb.2012mor.pdf

                      About Delta Petroleum

Delta Petroleum Corporation (NASDAQ: DPTR) is an independent oil
and gas company engaged primarily in the exploration for, and the
acquisition, development, production, and sale of, natural gas and
crude oil.  Natural gas comprises over 90% of Delta's production
services.  The core area of its operations is the Rocky Mountain
Region of the United States, where the majority of the proved
reserves, production and long-term growth prospects are located.

Delta and seven of its subsidiaries sought Chapter 11 bankruptcy
protection (Bankr. D. Del. Case Nos. 11-14006 to 11-14013,
inclusive) on Dec. 16, 2011, roughly six weeks before the Jan. 31,
2012 scheduled maturity of its $38.5 million secured credit
facility with Macquarie Bank Limited and after several months of
unsuccessful attempts to sell the business.  Delta disclosed
$375,498,248 in assets and $310,679,157 in liabilities, which also
include $152,187,500 in outstanding obligations on account of the
7% senior unsecured notes issued in March 2005 with US Bank
National Association indenture trustee; and $115,527,083 in
outstanding obligations on account of 3-3/4% Senior Convertible
Notes due 2037 issued in April 2007.  In its amended schedules,
the Delta Petroleum disclosed $373,836,358 in assets and
$312,864,788 in liabilities.

W. Peter Beardsley, Esq., Christopher Gartman, Esq., Kathryn A.
Coleman, Esq., and Ashley J. Laurie, Esq., at Hughes Hubbard &
Reed LLP, in New York, N.Y., represent the Debtors as counsel.
Derek C. Abbott, Esq., Ann C. Cordo, Esq., and Chad A. Fights,
Esq., at Morris, Nichols, Arsht & Tunnel LLP, in Wilmington, Del.,
represent the Debtors as co-counsel.  Conway Mackenzie is the
Debtors's restructuring advisor.  Evercore Group L.L.C. is the
financial advisor and investment banker.  The Debtors selected
Epiq Bankruptcy Solutions, LLC as claims and noticing agent.  The
petition was signed by Carl E. Lakey, chief executive officer and
president.

Delta will hold an auction for the business on March 26, 2012.  No
buyer is under contract.  There is $57.5 million in financing for
the Chapter 11 effort.

The U.S. Trustee told the bankruptcy judge that there was
insufficient interest from creditors to form an official committee
of unsecured creditors.


EASTMAN KODAK: Has $100.3 Mil. Net Loss for January
---------------------------------------------------
Eastman Kodak Co. and its affiliated debtors filed with the U.S.
bankruptcy Court in Manhattan their operating report disclosing
these cash receipts and disbursements for the month ended
January 31, 2012:

                          Receipts   Disbursements     Total
                         ----------- -------------  -----------
Kodak Realty Inc.                   -             -            -
Eastman Kodak Company     $76,812,319   (33,037,428)   43,774,891
Creo Manufacturing America          -             -            -
Eastman Kodak International
Capital Company Inc.               -             -            -
Far East Development Ltd.           -             -            -
FPC Inc.                      398,379      (157,056)     241,323
Kodak (Near East) Inc.      2,024,866      (775,216)   1,249,650
Kodak Americas Ltd                  -          (216)        (216)
Kodak Aviation Leasing LLC          -             -            -
Kodak Imaging Network Inc.          -      (485,813)    (485,813)
Kodak Philippines Ltd.        153,152      (311,435)    (158,283)
Kodak Portuguesa Limited            -       (35,839)     (35,839)
Laser-Pacific Media Corp.           -             -            -
NPEC Inc.                           -             -            -
Pakon, Inc.                         -             -            -
Qualex Inc.                   674,639      (223,032)     451,607

Eastman Kodak also reported a net loss of $100,309,000 for the
month ended January 31, 2012.

A copy of the January 2012 operating report is available for free
at http://bankrupt.com/misc/Kodak_MORJan2012.pdf

                       About Eastman Kodak

Rochester, New York-based Eastman Kodak Company and its U.S.
subsidiaries on Jan. 19, 2012, voluntarily filed for Chapter 11
reorganization (Bankr. S.D.N.Y. Lead Case No. 12-10202) in
Manhattan.  Subsidiaries outside of the U.S. were not included in
the filing and were expected to continue to operate as usual.

KODAK, founded in 1880 by George Eastman, was once the world's
leading producer of film and cameras.  In recent years, Kodak has
been working to transform itself from a business primarily based
on film and consumer photography to a smaller business with a
digital growth strategy focused on the commercialization of
proprietary digital imaging and printing technologies.

Having invested significantly in research and development for over
a century, Kodak has a vast portfolio of patents.  In 1975, Kodak
scientists invented the first digital camera.  Kodak then went on
to develop a vast collection of patented technologies to enhance
digital image capture and processing, technologies that are used
in virtually every modern digital camera, smartphone and tablet,
as well as numerous other devices.  Kodak has 8,900 patent and
trademark registrations and applications in the United States, as
well as 13,100 foreign patents and trademark registrations or
pending registration in roughly 160 countries.

Kodak disclosed $5.10 billion in assets and $6.75 billion in
liabilities as of Sept. 30, 2011.  The net book value of all
assets located outside the United States as of Dec. 31, 2011 is
$13.5 million.

Kodak says it has "significant" legacy liabilities, which include
$1.2 billion in non-U.S. pension liabilities, $1.3 billion of
Other Post-Employment Benefit ("OPEB") liabilities and roughly
$100 million in environmental liabilities.

Kodak has outstanding funded debt in an aggregate amount of
roughly $1.6 billion, consisting primarily of roughly: (a) $100
million outstanding under the first lien revolving credit facility
plus an additional $96 million in face amount of outstanding
letters of credit; (b) $750 million in principal amount of second
lien secured notes; (c) $400 million in principal amount of
convertible notes; and (d) $283 million in principal amount of
other senior unsecured debt.  Kodak also has roughly $425 million
in outstanding trade debt.

Kodak sought bankruptcy protection amid near-term liquidity issues
brought about by steeper-than-expected declines in Kodak's
historically profitable traditional businesses, and cash flow from
the licensing and sale of intellectual property being delayed due
to litigation tactics employed by a small number of infringing
technology companies with strong balance sheets and an awareness
of Kodak's liquidity challenges.

Attorneys at Sullivan & Cromwell LLP and Young Conaway Stargatt &
Taylor, LLP, serve as counsel to the Debtors.  FTI Consulting,
Inc., is the restructuring advisor.   Lazard Freres & Co. LLC, is
the investment banker.   Kurtzman Carson Consultants LLC is the
claims agent.  A group of second lien lenders are represented by
Akin Gump Strauss Hauer & Feld LLP.

The Official Committee of Unsecured Creditors has tapped
Milbank, Tweed, Hadley & McCloy LLP, as its bankruptcy counsel.

Bankruptcy Creditors' Service, Inc., publishes EASTMAN KODAK
BANKRUPTCY NEWS.  The newsletter tracks the Chapter 11 proceeding
undertaken by affiliates of Eastman Kodak and its affiliates
(http://bankrupt.com/newsstand/or 215/945-7000).


EASTMAN KODAK: Has $97.3 Mil. Net Loss for February
---------------------------------------------------
Eastman Kodak Co. and its affiliated debtors filed with the U.S.
bankruptcy Court in Manhattan their operating report disclosing
these cash receipts and disbursements for the month ended
February 29, 2012:

                          Receipts   Disbursements     Total
                         ----------- -------------   -----------
Kodak Realty Inc.                   -             -            -
Eastman Kodak Company    $107,421,056  (161,555,975) (54,134,919)
Creo Manufacturing America          -             -            -
Eastman Kodak International
Capital Company Inc.               -             -            -
Far East Development Ltd.           -             -            -
FPC Inc.                      354,749      (259,373)      95,376
Kodak (Near East) Inc.      2,826,513    (1,732,023)   1,094,490
Kodak Americas Ltd                  -          (955)        (955)
Kodak Aviation Leasing LLC          -             -            -
Kodak Imaging Network Inc.          -    (2,260,805)  (2,260,805)
Kodak Philippines Ltd.        348,524      (451,051)    (102,527)
Kodak Portuguesa Limited        5,000           (27)       4,973
Laser-Pacific Media Corp.           -             -            -
NPEC Inc.                           -          (168)        (168)
Pakon, Inc.                         -             -            -
Qualex Inc.                 1,778,240    (1,060,370)     717,870

Eastman Kodak also reported a net loss of $97,325,000 for the
month ended February 29, 2012.

A copy of the February 2012 operating report is available for
free at http://bankrupt.com/misc/Kodak_MORFeb2012.pdf

                       About Eastman Kodak

Rochester, New York-based Eastman Kodak Company and its U.S.
subsidiaries on Jan. 19, 2012, voluntarily filed for Chapter 11
reorganization (Bankr. S.D.N.Y. Lead Case No. 12-10202) in
Manhattan.  Subsidiaries outside of the U.S. were not included in
the filing and were expected to continue to operate as usual.

KODAK, founded in 1880 by George Eastman, was once the world's
leading producer of film and cameras.  In recent years, Kodak has
been working to transform itself from a business primarily based
on film and consumer photography to a smaller business with a
digital growth strategy focused on the commercialization of
proprietary digital imaging and printing technologies.

Having invested significantly in research and development for over
a century, Kodak has a vast portfolio of patents.  In 1975, Kodak
scientists invented the first digital camera.  Kodak then went on
to develop a vast collection of patented technologies to enhance
digital image capture and processing, technologies that are used
in virtually every modern digital camera, smartphone and tablet,
as well as numerous other devices.  Kodak has 8,900 patent and
trademark registrations and applications in the United States, as
well as 13,100 foreign patents and trademark registrations or
pending registration in roughly 160 countries.

Kodak disclosed $5.10 billion in assets and $6.75 billion in
liabilities as of Sept. 30, 2011.  The net book value of all
assets located outside the United States as of Dec. 31, 2011 is
$13.5 million.

Kodak says it has "significant" legacy liabilities, which include
$1.2 billion in non-U.S. pension liabilities, $1.3 billion of
Other Post-Employment Benefit ("OPEB") liabilities and roughly
$100 million in environmental liabilities.

Kodak has outstanding funded debt in an aggregate amount of
roughly $1.6 billion, consisting primarily of roughly: (a) $100
million outstanding under the first lien revolving credit facility
plus an additional $96 million in face amount of outstanding
letters of credit; (b) $750 million in principal amount of second
lien secured notes; (c) $400 million in principal amount of
convertible notes; and (d) $283 million in principal amount of
other senior unsecured debt.  Kodak also has roughly $425 million
in outstanding trade debt.

Kodak sought bankruptcy protection amid near-term liquidity issues
brought about by steeper-than-expected declines in Kodak's
historically profitable traditional businesses, and cash flow from
the licensing and sale of intellectual property being delayed due
to litigation tactics employed by a small number of infringing
technology companies with strong balance sheets and an awareness
of Kodak's liquidity challenges.

Attorneys at Sullivan & Cromwell LLP and Young Conaway Stargatt &
Taylor, LLP, serve as counsel to the Debtors.  FTI Consulting,
Inc., is the restructuring advisor.   Lazard Freres & Co. LLC, is
the investment banker.   Kurtzman Carson Consultants LLC is the
claims agent.  A group of second lien lenders are represented by
Akin Gump Strauss Hauer & Feld LLP.

The Official Committee of Unsecured Creditors has tapped
Milbank, Tweed, Hadley & McCloy LLP, as its bankruptcy counsel.

Bankruptcy Creditors' Service, Inc., publishes EASTMAN KODAK
BANKRUPTCY NEWS.  The newsletter tracks the Chapter 11 proceeding
undertaken by affiliates of Eastman Kodak and its affiliates
(http://bankrupt.com/newsstand/or 215/945-7000).


ENERGY CONVERSION:  Ends February With $3.09 Million in Cash
------------------------------------------------------------
Energy Conversion Devices, Inc., on March 30, 2012, filed its
monthly operating report with the Bankruptcy Court for the period
ended Feb. 29, 2012.

The company reported a net loss of $335,056 for the month ended
February 29, 2012.

As of Feb. 29, 2012, Energy Conversion had total assets of $1.04
billion, total liabilities of $248.74 million and total equity of
$787.45 million.

At the beginning of February, the company had $47.04 million in
cash.  Energy Conversion had total receipts of $71,440 and total
disbursements of $44.03 million.  As a result, at the end of the
month, the company had total cash of only $3.09 million.

A full-text copy of the monthly operating report is available at:
       http://bankrupt.com/misc/EnergyConversion_febmor.pdf

                  About Energy Conversion Devices

Energy Conversion Devices -- http://energyconversiondevices.com/
-- has a renowned 51 year history since its formation in Detroit,
Michigan and has been a pioneer in materials science and renewable
energy technology development.  The company has been awarded over
500 U.S. patents and international counterparts for its
achievements.  ECD's United Solar wholly owned subsidiary has been
a global leader in building-integrated and rooftop photovoltaics
for over 25 years.  The company manufactures, sells and installs
thin-film solar laminates that convert sunlight to clean,
renewable energy using proprietary technology.

Energy Conversion Devices filed for Chapter 11 relief (Bankr. E.D.
Mich. Case No. 12-43166) on Feb. 14, 2012.  Judge Thomas J. Tucker
presides over the case.  Aaron M. Silver, Esq., Judy B. Calton,
Esq., and Robert B. Weiss, Esq., at Honigman Miller Schwartz &
Cohn LLP, in Detroit, Michigan, represent the Debtor as counsel.
The Debtor estimated assets and debts of between $100 million and
$500 million as of the petition date.

The petition was signed by William Christopher Andrews, chief
financial officer and executive vice president.
Affiliate United Solar Ovonic LLC filed a separate Chapter 11
petition on the same day (Bankr. E.D. Mich. Case No. 12-43167).
Affiliate Solar Integrated  Technologies, Inc., filed a petition
for relief under Chapter 7 of the Bankruptcy Code (Bankr. E.D.
Mich. Case No. 12-43169.


EVERGREEN SOLAR: Reports $1.6-Mil. Net Loss in Month Ended Feb. 25
------------------------------------------------------------------
Evergreen Solar, Inc., reported a net loss of $1.6 million on
no revenue for the period from Jan. 29, 2012, to Feb. 25, 2012.

At Feb. 25, 2012, the Debtor's balance sheet showed $38.2 million
in total assets, $337.3 million in total liabilities, and a
stockholders' deficit of $299.1 million.

At copy of the operating report is available for free at:

     http://bankrupt.com/misc/evergreensolar.feb.2012mor.pdf

                       About Evergreen Solar

Evergreen Solar, Inc. -- http://www.evergreensolar.com/--
developed, manufactured and marketed String Ribbon solar power
products using its proprietary, low-cost silicon wafer technology.

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 sold the assets piecemeal in three auctions.  Max Era
Properties Ltd. from Hong Kong paid $6 million cash and
$3.2 million in stock of China Private Equity Investment Holdings
Ltd. for the company name, intellectual property, and wafermaking
assets.  Kimball Holdings LLC paid $3.8 million for solar panel
inventory while the secured lenders exchanged $21.5 million of
their $165 million claim for a $171 million claim against Lehman
Brothers Holdings Inc.  Max Era Properties Limited and Sovello AG
bought equipment and machinery located at the Debtor's Devens,
Massachusetts facility for $8.9 million.


GENERAL MARITIME: Ends February 2012 With $16.6-Mil. Cash
---------------------------------------------------------
General Maritime Corporation, et al., reported a net loss of
$14.0 million on $27.9 million of voyage revenues for the month
ended Feb. 29, 2012.  The Company reported an operating loss of
$5.5 million in the period.  Interest expense, net was
$4.7 million.  Professional fees incurred in the month totaled
$3.7 million.

The Debtors' balance sheet at Feb. 29, 2012, showed $1.673 billion
in total assets, $1.504 billion in total liabilities, and
shareholders' equity of $169.0 million.  The Debtors ended the
period with $16,600,243 cash.

A copy of the February 2012 operating report is available for
free at http://bankrupt.com/misc/generalmaritime.feb.2012mor.pdf

                       About General Maritime

New York-based General Maritime Corporation, through its
subsidiaries, provides international transportation services of
seaborne crude oil and petroleum products.  The Company's fleet is
comprised of VLCC, Suezmax, Aframax, Panamax and product carrier
vessels.  The fleet consisted of 30 owned vessels and three
chartered vessels.  The company generates substantially all of its
revenues by chartering its fleet to third-party customers.  The
largest customers include major international oil companies, oil
producers, and oil traders such as BP, Chevron Corporation, CITGO
Petroleum Corp., ConocoPhillips, Exxon Mobil Corporation, Hess
Corporation, Lukoil Oil Company, Stena AB, and Trafigura.

General Maritime and 56 subsidiaries filed for Chapter 11
protection (Bankr. S.D.N.Y. Lead Case No. 11-15285) on Nov. 17,
2011.  Douglas Mannal, Esq., and Adam C. Rogoff, Esq., at Kramer
Levin Naftalis & Frankel LLP, in New York, serve as counsel to the
Debtors.  Moelis & Company is the financial advisor.  Garden City
Group Inc. is the claims and notice agent.

Prepetition, General Maritime reached agreements with its key
senior lenders, including its bank group, led by Nordea Bank
Finland plc, New York Branch as administrative agent, as well as
affiliates of Oaktree Capital Management, L.P., on the terms of a
restructuring.  Under terms of the agreements, Oaktree will
provide a $175 million new equity investment in General Maritime
and convert its prepetition secured debt to equity.

In conjunction with the filing, General Maritime has received a
commitment for up to $100 million in new DIP financing from a
group of lenders led by Nordea as administrative agent.

Counsel for Nordea, as the DIP Agent and the Senior Agent, are
Thomas E. Lauria, Esq., and Scott Greissman, Esq., at White & Case
LLP.  Counsel for Oaktree Capital Management, the Junior Agent,
are Edward Sassower, Esq., and Brian Schartz, Esq., at Kirkland &
Ellis, LLP.

The Official Committee of Unsecured Creditors appointed in the
case has retained lawyers at Jones Day as Chapter 11 counsel.
Jones Day previously represented an ad hoc group of holders of the
12% Senior Notes due 2017 issued by General Maritime Corp.  This
representation began Sept. 20, 2011, and concluded Nov. 29, 2011,
with the agreement of all members of the Noteholders Committee.
The Creditors Committee also tapped Lowenstein Sandler PC as
special conflicts counsel.

The Noteholders Committee consisted of Capital Research and
Management Company, J.P. Morgan Investment Management, Inc., J.P.
Morgan Securities LLC, Stone Harbor Investment Partners LP and
Third Avenue Focused Credit Fund.

The Creditors Committee is comprised of Bank of New York Mellon
Corporate Trust, Stone Harbor Investment Partners, Delos
Investment Management, and Ultramar Agencia Maritima Ltda.


GLOBAL AVIATION: Has $9.86 Million February Operating Loss
----------------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that Global Aviation Holdings Inc. reported a
$9.86 million operating loss in February on revenue of
$66.4 million.  The fuel cost for the month was $22.2 million,
more than twice as much as any other single expense.

                  About Global Aviation Holdings

Global Aviation Holdings Inc., based in Peachtree City, Ga., is
the parent company of North American Airlines and World Airways.
Global is the largest commercial provider of charter air
transportation for the U.S. military, and a major provider of
worldwide commercial global passenger and cargo air transportation
services.  North American Airlines, founded in 1989 and based in
Jamaica, N.Y., operates passenger charter flights using B757-200ER
and B767-300ER aircraft.  World Airways, founded in 1948 and based
in Peachtree City, Ga., operates cargo and passenger charter
flights using B747-400 and MD-11 aircraft.

Global Aviation, along with affiliates, filed Chapter 11 petitions
(Bankr. E.D.N.Y. Case No. 12-40783) on Feb. 5, 2012.

Global's lead counsel in connection with the restructuring is
Kirkland & Ellis LLP and its financial advisor is Rothschild.
Kurtzman Carson Consultants LLC is the claims agent.  Pachulski
Stang Ziehl & Jones LLP is the conflicts counsel.

The Debtors disclosed $589.8 million in assets and $493.2 million
in liabilities as of Dec. 31, 2011.  Liabilities include $146.5
million on 14% first-lien secured notes and $98.1 million on a
second-lien term loan.  Wells Fargo Bank NA is agent for both.

Global said it will use Chapter 11 to shed 16 of 30 aircraft.
In addition, Global said it will use Chapter 11 to negotiate new
collective bargaining agreements with its unions and deal with
liabilities on multi-employer pension plans.

On Feb. 13, 2012, the U.S. Trustee for Region 2 appointed a seven-
member official committee of unsecured creditors in the case.  The
Committee tapped Lowenstein Sandler PC as its counsel, and
Imperial Capital, LLC as its financial advisor.


HARTFORD COMPUTER: Reports $0 Cash Profit in January 2012
---------------------------------------------------------
Hartford Computer Hardware Inc., reported income of $306,814 and
expenses of $306,814 for the month of January 2012, for a cash
profit of $0.

Receipts from operations and other receipts totaled $259,899 and
$46,915 respectively, for the month.

A copy of the January 2012 operating report is available for free
at http://bankrupt.com/misc/hartfordcomputer.jan.2012mor.pdf

Hartford Computer Hardware Inc., reported income of $1,299,443 and
expenses of $1,556,678 for the period Dec. 12, 2011, to Dec. 31,
2011, for a cash loss of $257,235.

Receipts from operations and other receipts totaled $299,443 and
$1,257,235 respectively, for the period.

A copy of the December 2011 operating report is available for free
at http://bankrupt.com/misc/hartfordcomputer.dec.12-31mor.pdf

                      About Harford Computer

Schaumburg, Illinois-based Hartford Computer Hardware Inc. and its
affiliated entities are one of the leading providers of repair and
installation services in North America for consumer electronics
and computers.  Hartford Computer Hardware operates in three
complementary business lines: parts distribution and repair, depot
repair, and onsite repair and installation.  Products serviced
include laptop and desktop computers, commercial computer systems,
flat-screen television, consumer gaming units, printers,
interactive whiteboards, peripherals, servers, POS devices, and
other electronic devices.  Hartford Computer Hardware, though all
U.S. companies, operates a significant portion of their business
in Markham, Ontario, Canada.

Hartford Computer Hardware and three units filed for Chapter 11
bankruptcy (Bankr. N.D. Ill. Lead Case No. 11-49744) on Dec. 12,
2011.  The affiliates are Hartford Computer Group Inc. (Case No.
11-49750); Hartford Computer Government Inc. (Case No. 11-49752)
and Nexicore Services LLC (Case No. 11-49754).  Judge Pamela S.
Hollis oversees the case.  John P. Sieger, Esq., Paige E. Barr,
Esq., and Peter A. Siddiqui, Esq. -- john.sieger@kattenlaw.com ,
paige.barr@kattenlaw.com and peter.siddiqui@kattenlaw.com -- at
Katten Muchin Rosenman LLP, serve as the Debtors' counsel.  The
Debtors' investment banker is Paragon Capital Partners, LLC; the
special counsel is Thornton Grout Finnigan LLP; and the notice and
claims agent is Kurtzman Carson Consultants LLC.  In its petition,
Hartford Computer Hardware estimated $50 million to $100 million
in assets and debts.  The petitions were signed by Brian Mittman,
chief executive officer.

Hartford Computer Hardware Inc. obtained Court permission to act
as the foreign representative of the Debtors in Canada in order to
seek recognition of the Chapter 11 case on the Debtors' behalf,
and request the Ontario Superior Court of Justice (Commercial
List) to lend assistance to the Bankruptcy Court in protecting the
Debtors' property.

Avnet Inc., proposed buyer for Nexicore and HCG, is represented by
Frank M. Placenti, Esq., at Squire, Sanders & Dempsey L.L.P.
Delaware Street, the DIP lender, is represented in the case by
Landon S. Raiford, Esq., and Michael S. Terrien, Esq., at Jenner &
Block.   Matthew J. Botica, Esq., and Nancy G. Everett, Esq., at
Winston & Strawn LLP, argue for lenders ARG Investments, Enable
Systems, Inc., MRR Venture LLC, SKM Equity Fund II, L.P. and SKM
Investment Fund II.


HOSTESS BRANDS: Posts $17.4-Mil. Net Loss in 4 Weeks Ended March 3
------------------------------------------------------------------
Hostess Brands Inc. reported a net loss of $17.4 million on net
sales of $185.0 million for the period Feb. 5, 2012, to March 3,
2012.  Earnings before interests, taxes, depreciation and
amortization in the month was $2.4 million.

At March 3, 2012, the Debtors had $1.077 billion in total assets,
$2.507 billion in total liabilities, and a stockholders' deficit
of $1.430 billion.

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

    http://bankrupt.com/misc/hostessbrands.feb5-march3mor.pdf

                      About Hostess Brands

Founded in 1930, Irving, Texas-based Hostess Brands Inc., is known
for iconic brands such as Butternut, Ding Dongs, Dolly Madison,
Drake's, Home Pride, Ho Hos, Hostess, Merita, Nature's Pride,
Twinkies and Wonder.  Hostess has 36 bakeries, 565 distribution
centers and 570 outlets in 49 states.

Hostess filed for Chapter 11 bankruptcy protection early morning
on Jan. 11, 2011 (Bankr. S.D.N.Y. Case Nos. 12-22051 through
12-22056) in White Plains, New York.  Debtor-affiliates that filed
separate Chapter 11 petition are IBC Sales Corporation, IBC
Trucking LLC, IBC Services LLC, Interstate Brands Corporation, and
MCF Legacy Inc.  Hostess Brands disclosed assets of $982 million
and liabilities of $1.43 billion as of Dec. 10, 2011.  Debt
includes $860 million on four loan agreements.  Trade suppliers
are owed as much as $60 million.

The bankruptcy filing was made two years after predecessors
Interstate Bakeries Corp. and its affiliates emerged from
bankruptcy (Bankr. W.D. Mo. Case No. 04-45814).  Ripplewood
Holding LLC, after providing $130 million to finance the plan,
obtained control of IBC's business following the prior
reorganization.  Hostess Brands is privately held.  The new owners
pursued new Chapter 11 cases to escape from what they called
"uncompetitive and unsustainable" union contracts, pension plans,
and health benefit programs.

In 2011, Hostess retained Houlihan Lokey to explore sales of its
smaller assets and individual brands.  Houlihan Lokey oversaw the
sale of Mrs. Cubbison's to Sugar Foods Corporation for
$12 million, but was unable to sell any of Hostess' core assets.
Judge Robert D. Drain oversees the case.  Hostess has hired Jones
Day as bankruptcy counsel; Stinson Morrison Hecker LLP as general
corporate counsel and conflicts counsel; Perella Weinberg Partners
LP as investment bankers, FTI Consulting, Inc. to provide an
interim treasurer and additional personnel for the Debtors, and
Kurtzman Carson Consultants LLC as administrative agent.

Matthew Feldman, Esq., at Willkie Farr & Gallagher, and Harry
Wilson, the head of turnaround and restructuring firm MAEVA
Advisors, are representing the Teamsters union.

Attorneys for The Bakery, Confectionery, Tobacco Workers and Grain
Millers International Union and Bakery & Confectionery Union &
Industry International Pension Fund are Jeffrey R. Freund, Esq.,
at Bredhoff & Kaiser, P.L.L.C.; and Ancela R. Nastasi, Esq., David
A. Rosenzweig, Esq., and Camisha L. Simmons, Esq., at Fulbright &
Jaworski L.L.P.

An official committee of unsecured creditors has been appointed in
the case.  The committee selected New York law firm Kramer Levin
Naftalis & Frankel LLP as its counsel. Tom Mayer and Ken Eckstein
head the legal team for the committee.


IMPERIAL CAPITAL:  Ends February 2012 With $37.25 Million in Cash
-----------------------------------------------------------------
Imperial Capital Bancorp, Inc., on March 29, 2012, filed its
monthly operating report with the Bankruptcy Court for the month
ending February 29, 2012.

The company posted a net loss of $261,373 for the month ended 29,
February 2012.

As of February 2012, Imperial Capital had total assets of $38.08
million, total liabilities of $99.75 million and total
stockholders' deficit of $61.67 million.

At the end of the month, the company had total cash of $37.25
million.

A full-text copy of the monthly operating report is available at:
        http://bankrupt.com/misc/imperialcapital_febmor.pdf

                   About Imperial Capital Bancorp

La Jolla, California-based Imperial Capital Bancorp, Inc., filed
for Chapter 11 bankruptcy protection (Bankr. S.D. Calif. Case No.
09-19431) on Dec. 18, 2009.  Gary E. Klausner, Esq., Eve H.
Karasik, Esq., and Gregory K. Jones, Esq., at Stutman, Treister &
Glatt, P.C., in Los Angeles, serves as the Debtor's bankruptcy
counsel.  FTI Consulting Inc. serves as its financial advisor.
The Company disclosed $40.4 million in assets and $98.7 million in
liabilities.

Tiffany L. Carroll, the U.S. Trustee for Region 15, appointed
three members to the official committee of unsecured creditors in
the Debtor's case.  David P. Simonds, Esq., and Christina M.
Padien, Esq., at Akin Gump Strauss Hauer & Feld LLP, in Los
Angeles represents the Committee as counsel.


MANISTIQUE PAPERS: Reports $5.1 Million Losses Since August
-----------------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that Manistique Papers Inc. reported a net loss of
$521,000 in December followed by a $69,000 net loss in January,
according to operating reports filed with the bankruptcy court in
Delaware.  Net revenue in December and January was $6.03 million
and $5.82 million, respectively.  Before reorganization costs, the
loss was $194,000 in December and $113,000 in January. From the
outset of the case in August, the cumulative net loss is $5.14
million on net revenue of $26.9 million.

                      About Manistique Papers

Manistique Papers Inc. operates a landfill in Manistique,
Michigan, whereby residuals resulting from paper production are
deposited.  It owns a 125,000 ton-a-year plant making specialty
papers from recycled fiber.

Manistique Papers filed for Chapter 11 bankruptcy protection
(Bankr. D. Del. Case No. 11-12562) on Aug. 12, 2011.  Godfrey &
Kahn, S.C. represents the Debtor in its restructuring effort.
Morris, Nichols, Arsht & Tunnell LLP serves as its Delaware
bankruptcy co-counsel.  Vector Consulting, L.L.C., serves as its
financial advisor.  Baker Tilly Virchow Krause, LLC, serves as its
accountant.

The Official Committee of Unsecured Creditors appointed in the
case is represented by Lowenstein Sandler PC as lead counsel and
Ashby & Geddes, P.A., as Delaware counsel.  J.H. Cohn LLC serves
as the panel's financial advisor.

Manistique Papers disclosed $19,688,471 in assets and $24,633,664
in liabilities as of the Chapter 11 filing.


NEBRASKA BOOK: Posts $132.7MM Net Loss in 11 Months Ended Feb. 29
-----------------------------------------------------------------
NBC Acquisition Corp. and its affiliates, on April 2, 2012, filed
their updated monthly operating report for the period from Feb. 1,
2012, to Feb. 29, 2012, with the Bankruptcy Court.  The original
monthly operating report was filed with the Court on March 30,
2012.

The Debtors disclosed a consolidated net loss of $132.7 million
on $528.2 million of revenue for the eleven months ended Feb. 29,
2012.

The Debtors' balance sheet as of Feb. 29, 2012, showed
$494.9 million in total assets, $666.9 million in total
liabilities, $14.1 million in Series A redeemable preferred stock,
and a stockholders' deficit of $186.0 million.

A copy of the updated February 2012 operating report is available
for free at http://is.gd/ZvEI4g

                       About Nebraska Book

Lincoln, Nebraska-based Nebraska Book Company, Inc., is one of the
leading providers of new and used textbooks for college students
in the United States.  Nebraska Book and seven affiliates filed
separate Chapter 11 petitions (Bankr. D. Del. Case Nos. 11-12002
to 11-12009) on June 27, 2011.  Hon. Peter J. Walsh presides over
the case.  Lawyers at Kirkland & Ellis LLP and Pachulski Stang
Ziehl & Jones LLP, serve as the Debtors' bankruptcy counsel.  The
Debtors; restructuring advisors are AlixPartners LLC; the
investment bankers are Rothschild, Inc.; the auditors are Deloitte
& Touche LLP; and the claims agent is Kurtzman Carson Consultants
LLC.  As of the Petition Date, the Debtors had consolidated assets
of $657,215,757 and debts of $563,973,688.

JPMorgan Chase Bank N.A., as administrative agent for the DIP
lenders, is represented by lawyers at Richards, Layton & Finger,
P.A., and Simpson Thacher & Bartlett LLP.  J.P. Morgan Investment
Management Inc., the DIP arranger, is represented by lawyers at
Bayard, P.A., and Willkie Farr & Gallagher LLP.

An ad hoc committee of holders of more than 50% of the Debtors'
Second Lien Notes is represented by lawyers at Brown Rudnick.  An
ad hoc committee of holders of the Debtors' 8.625% unsecured
notes are represented by Milbank, Tweed, Hadley & McCloy LLP.

The Official Committee of Unsecured Creditors selected Lowenstein
Sandler LLP and Stevens & Lee, P.C., as lawyers and Mesirow
Financial Inc. as financial advisers.

Nebraska Book has been unable to confirm a pre-packaged Chapter 11
plan that would have swapped some of the existing debt for new
debt, cash and the new stock, due to an inability to secure
$250 million in exit financing.


NEWPAGE CORP: Reports $44.7 Million Loss in February
----------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that NewPage Corp. reported a net loss of $44.7
million in February on net sales of $248.5 million. The loss was
increased by $7.1 million in reorganization costs, according to
the operating report filed with the bankruptcy court in
Delaware.

NewPage listed assets of $3.4 billion and debt totaling
$4.2 billion. Liabilities included $232 million on a revolving
credit plus $1.77 billion on 11.375 percent senior secured
first-lien notes. Second-lien obligations include $802 million
in 10 percent secured notes and $225 million in floating-rate
notes.  In addition to $200 million in 12 percent senior unsecured
notes, there is $498 million owing on two issues of floatingrate
pay-in-kind notes.  The company contends unsecured creditors
are "hopelessly out of the money."

                       About NewPage Corp.

Headquartered in Miamisburg, Ohio, NewPage Corporation was 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 Dec. 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 roughly 4.1 million tons of
paper, including roughly 2.9 million tons of coated paper, roughly
1.0 million tons of uncoated paper and roughly 200,000 tons of
specialty paper.

NewPage, 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.

At an organizational meeting of creditors held on Sept. 21, 2011,
the Committee selected Paul Hastings LLP as its bankruptcy
counsel and Young Conaway Stargatt & Taylor, LLP to act as its
Delaware and conflicts counsel.

NewPage prevailed over most objections from the official
creditors' committee and won agreement from the bankruptcy judge
on final approval of $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 for NewPage.


ROOMSTORE INC: Ends January 2012 with $142,000 Cash
---------------------------------------------------
Roomstore, Inc., reported a net loss of $5.0 million on
$7.0 million of revenues for the month ended Jan. 31, 2012.

The Debtor's balance sheet at Jan. 31, 2012, showed $46.2 million
in total assets, $55.5 million in total liabilities, and a
stockholders' deficit of $9.3 million.  The Debtor ended
January 2012 with $142,000 cash, compared to $60,000 at the
beginning of the period.

A copy of the January 2012 operating report is available for free
at http://bankrupt.com/misc/roomstore.jan.2012mor.pdf

Roomstore, Inc., reported a net loss of $2.3 million on
$6.1 million of revenues for the period Dec. 12, 2011, to Dec. 31,
2011.

The Debtor's balance sheet at Dec. 31, 2011, showed $48.8 million
in total assets, $53.1 million in total liabilities, and a
stockholders' deficit of $4.3 million.  The Debtor ended the
period with $60,000 cash, compared to $67,000 at the beginning of
the period.

A copy of the Dec. 12 ? 31, 2012 operating report is available for
free at http://bankrupt.com/misc/roomstore.dec12-31mor.pdf

                       About RoomStore Inc.

Richmond, Virginia-based RoomStore, Inc., operates retail
furniture stores and offers home furnishings through
Furniture.com, a provider of Internet-based sales opportunities
for regional furniture retailers.  RoomStore was founded in 1992
in Dallas, Texas, with four retail furniture stores.  With more
than $300 million in net sales for its fiscal year ending 2010,
RoomStore was one of the 30 largest furniture retailers in the
United States.

RoomStore filed for Chapter 11 bankruptcy (Bankr. E.D. Va. Case
No. 11-37790) on Dec. 12, 2011, following store-closing sales at
four of its retail stores, located in Hoover, Alabama;
Fayetteville, North Carolina; Tallahassee, Florida; and Baltimore,
Maryland.  When it filed for bankruptcy, the Company operated a
chain of 64 retail furniture stores, including both large-format
stores and clearance centers in eight states: Pennsylvania,
Maryland, Virginia, North Carolina, South Carolina, Florida,
Alabama, and Texas.  It also had five warehouses and distribution
centers located in Maryland, North Carolina, and Texas that
service the Retail Stores.

RoomStore also owns 65% of Mattress Discounters Group LLC, which
operates 83 mattress stores (as of Aug. 31, 2011) in the states of
Delaware, Maryland and Virginia and in the District of Columbia.
RoomStore acquired the Mattress Discounters stake after it filed
its second bankruptcy in 2008.  Mattress Discounters sought
Chapter 11 relief on Sept. 10, 2008 (Bankr. D. Md. Case Nos.
08-21642 and 08-21644).  It filed the first Chapter 11 bankruptcy
on Oct. 23, 2002 (Bankr. D. Md. Case No. 02-22330), and emerged on
March 14, 2003.

Judge Douglas O. Tice, Jr., presides over RoomStore's case.
Lawyers at Lowenstein Sandler PC and Kaplan & Frank, PLC serve as
the Debtor's bankruptcy counsel.  FTI Consulting, Inc., serves as
the Debtor's financial advisors and consultants.

RoomStore's balance sheet at Aug. 31, 2011, showed $70.4 million
in total assets, $60.3 million in total liabilities, and
stockholders' equity of $10.1 million.  The petition was signed by
Stephen Girodano, president and chief executive officer.

Liquidator Hilco Merchant Resources, Inc., is represented in the
case by Gregg M. Galardi, Esq., at DLA Piper LLP (US); and Robert
S. Westermann, Esq., and Sheila de la Cruz, Esq., at Hirschler
Fleischer, P.C.

The U.S. Trustee for Region 4 named seven members to the official
committee of unsecured creditors in the case.


SOLYNDRA LLC: Has $1.77-Mil. Cash at March 3
--------------------------------------------
Solyndra LLC reported a net loss of $6.4 million on $0 revenue for
the fiscal month ended March 3, 2012.

The Debtor's balance sheet at March 3, 2011, showed $682.5 million
in total assets, $917.8 million in total liabilities, and a
stockholders' deficit of $235.3 million.

The Debtor ended the period with $1,773,000 cash.

A copy of the operating report for the period ended March 3, 2011,
is available for free at:

         http://bankrupt.com/misc/solyndra.march3mor.pdf

                         About Solyndra LLC

Founded in 2005, Solyndra LLC was 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 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.

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.  BDO Consulting,
a division of BDO USA, LLP, as financial advisor and BDO Capital
Advisors, LLC, serves as investment banker for the creditors'
panel.

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.  The Committee has tapped
Blank Rome LLP as counsel.

In October 2011, the Debtors hired Berkeley Research Group, LLC,
and designated R. Todd Neilson as Chief Restructuring Officer.

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.

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.

When they filed for Chapter 11, the Debtors pursued 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 were unable to identify any potential
buyers, an orderly liquidation of the assets for the benefit of
their creditors.

Solyndra did not receive acceptable offers to buy the business as
a going concern.  Solyndra began piecemeal auctions of the assets
on Feb. 22, 2012.  It has auctioned non-core assets and obtained
$6.2 million.  Solyndra also took in $1.86 million from the sale
of miscellaneous equipment.


SP NEWSPRINT: Posts $9.4-Mil. Net Loss in February 2012
-------------------------------------------------------
SP Newsprint Holdings LLC, et al., reported a net loss of
$9.4 million on $33.1 million of net revenues for the period ended
Feb. 29, 2012.

At Feb. 29, 2012, the Debtors had $336.7 million in total assets,
$417.3 million in total liabilities, and a partners' deficit of
$80.6 million.  The Debtors ended the period with a book balance
of $13.89 million in cash and short term investments.

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

       http://bankrupt.com/misc/spnewsprint.feb.2012mor.pdf

                        About SP Newsprint

Greenwich, Conn.-based SP Newsprint Holdings LLC -- aka Bulldog
Acquisition I LLC, Bulldog Acquisition II LLC, Publishers Papers,
Southeastern Paper Recycling and SP Newsprint Merger LLC -- and
three affiliates, SP Newsprint Co. LLC, SP Recycling Corporation
and SEP Technologies L.L.C, filed for Chapter 11 bankruptcy
(Bankr. D. Del. Lead Case No. 11-13649) on Nov. 15, 2011.

SP Newsprint Holdings LLC is a newsprint company controlled by
polo-playing mogul Peter Brant.  It is one of the largest
producers of newsprint in North America.  SP Recycling
Corporation, a Georgia corporation and the Debtors' other
operating company, was established in 1980 as a means for SP to
secure a ready supply of recycled fiber, a key raw material for
its newsprint.

SP Newsprint is the second Brant-owned newsprint company to tumble
into bankruptcy proceedings in recent years.  Current and former
affiliated entities are Bear Island Paper Company, L.L.C., Brant
Industries, Inc., F.F. Soucy, Inc., Soucy Partners Newsprint,
Inc., White Birch Paper Company.

Judge Christopher S. Sontchi presides over the case.  Joel H.
Levitin, Esq., Maya Peleg, Esq., and Richard A. Stieglitz Jr.,
Esq. -- jlevitin@cahill.com , mpeleg@cahill.com and
rstieglitz@cahill.com -- at Cahill Gordon & Reindel LLP serve as
the Debtors' lead counsel.  Lee E. Kaufman, Esq., and Mark D.
Collins, Esq. -- kaufman@rlf.com and collins@RLF.com -- at
Richards, Layton & Finger, P.A., serve as the Debtors' Delaware
counsel.  AlixPartners LLP serves as the Debtors' financial
advisors and The Garden City Group Inc. serves as the Debtors'
claims and noticing agent.  SP Newsprint Co., LLC, disclosed
$317,992,392 in assets and $322,674,963 in liabilities as of the
Chapter 11 filing.  The petitions were signed by Edward D.
Sherrick, executive vice president and chief financial officer.

The Official Committee of Unsecured Creditors is represented by
Lowenstein Sandler PC.  Ashby & Geddes, P.A., serves as its
Delaware counsel, and BDO Consulting serves as its financial
advisor.


TBS SHIPPING: Posts $7.1-Mil. Net Loss in Feb. 6 - 29 Period
------------------------------------------------------------
TBS Shipping Services Inc., et al., reported a net loss of
$7.1 million on $16.4 million of net revenue for the period from
Feb. 6, 2012, to Feb. 29, 2012.  Interest expense was $1.6 million
in the month.  Professional fees incurred in the month totaled
$1.5 million.

At Feb. 29, 2012, the Debtors had $249.6 million in total assets,
$246.9 million in total liabilities, and stockholders' equity of
$2.7 million.

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

       http://bankrupt.com/misc/tbsshipping.feb6-29mor.pdf

                      About TBS International

TBS International plc, TBS Shipping Services Inc. and its various
subsidiaries and affiliates -- http://www.tbsship.com/-- filed
for Chapter 11 bankruptcy (Bankr. S.D.N.Y. Lead Case No. 12-22224)
on Feb. 6, 2012.  TBS provides ocean transportation services that
offer worldwide shipping solutions to a diverse client base of
industrial shippers in more than 20 countries to over 300
customers.  Through a 41-vessel fleet of multipurpose tweendeckers
and handysize and handymax dry bulk carriers, TBS, in conjunction
with a network of affiliated service companies, offers (a) liner,
parcel and bulk transportation services and (b) time charter
services.

TBS's global headquarters, located in Yonkers, New York, oversees
all major corporate and operational decision-making, including in
connection with drydocking of vessels and other capital
expenditures, fleet positioning, and cargo arrangements with third
parties, including major vendors and customers.  As of the
Petition Date, TBS has roughly 140 employees worldwide, the vast
majority of whom work in the corporate headquarters.  For the year
ended Dec. 31, 2011, TBS's consolidated net revenue was roughly
$369.7 million.  Its consolidated debt is roughly $220 million.

TBS filed together with the petition its Joint Prepackaged Plan of
Reorganization dated Jan. 31, 2012.  As of the Petition Date, the
Debtors have received overwhelming acceptance of the Plan from all
voting classes.  If confirmed, the Plan will implement an agreed
restructuring of the Debtors' obligations to their prepetition
secured lenders, provide for the payment of all general unsecured
claims in full, and effect the cancellation of existing equity
interests at the parent holding company levels and the issuance of
new equity interests to certain of the Debtors' lenders and key
management.  To implement this restructuring, the Debtors have
obtained commitments to provide $42.8 million in debtor-in-
possession financing and an equivalent amount of exit financing.

The Debtors are requesting a hearing to confirm the Plan within 35
days of the Petition Date.

Judge Robert D. Drain presides over the case.  Michael A.
Rosenthal, Esq., and Matthew K. Kelsey, Esq., at Gibson, Dunn &
Crutcher LLP, serve as the Debtors' counsel.  The Debtors'
investment banker is Lazard Freres & Co. LLC, the financial
advisor is AlixPartners LLP.  Cardillo & Corbett serves as special
maritime and corporate counsel, Garden City Group serves as
administrative agent and Gibson, Dunn & Crutcher as counsel.

The petition was signed by Ferdinand V. Lepere, executive vice
president and chief financial officer.

TBS disclosed US$143 million in assets and US$220 million in
debt.

No official committee has yet been appointed by the Office of the
United States Trustee.


TRIDENT MICROSYSTEMS: Posts $1.3-Mil. Net Loss in February 2012
---------------------------------------------------------------
Trident Microsystems, Inc., and Trident Microsystems (Far East)
Ltd. filed on March 31, 2012, a monthly operating report for the
month ended Feb. 29, 2012.

TMI reported a net loss of $1.3 million on $5.3 million of net
revenues for the month.  TMI's balance sheet at Feb. 29, 2012,
showed $302.9 million in total assets, $42.2 million in total
liabilities, and net owner equity of $260.7 million.

TMFE reported a net loss of $10.0 million on $9.9 million of net
revenues for the month.  TMFE's balance sheet at Feb. 29, 2012,
showed $231.3 million in total assets, $219.4 million in total
liabilities, and net owner equity of $11.9 million.

A copy of the February 2012 monthly operating report is available
for free at http://bankrupt.com/misc/trident.feb.2012mor.pdf

                   About Trident Microsystems

Sunnyvale, California-based Trident Microsystems, Inc., currently
designs, develops, and markets integrated circuits and related
software for processing, displaying, and transmitting high quality
audio, graphics, and images in home consumer electronics
applications such as digital TVs, PC-TV, and analog TVs, and set-
top boxes.  The Company has research and development facilities in
Beijing and Shanghai, China; Freiburg, Germany; Eindhoven and
Nijmegen, The Netherlands; Belfast, United Kingdom; Bangalore and
Hyderabad, India; Austin, Texas; and Sunnyvale, California. The
Company has sales offices in Seoul, South Korea; Tokyo, Japan;
Hong Kong and Shenzhen, China; Taipei, Taiwan; San Diego,
California; Mumbai, India; and Suresnes, France. The Company also
has operations facilities in Taipei and Kaoshiung, Taiwan; and
Hong Kong, China.

Trident Microsystems and its Cayman subsidiary, Trident
Microsystems (Far East) Ltd. filed for Chapter 11 bankruptcy
protection (Bankr. D. Del. Lead Case No. 12-10069) on Jan. 4,
2011.  Trident said it expects to shortly file for protection in
the Cayman Islands.

Judge Christopher S. Sontchi presides over the case.  Lawyers at
DLA Piper LLP (US) serve as the Debtors' counsel.  FTI Consulting,
Inc., is the financial advisor.  Union Square Advisors LLC serves
as the Debtors' investment banker.  PricewaterhouseCoopers LLP
serves as the Debtors' tax advisor and independent auditor.
Kurtzman Carson Consultants is the claims and notice agent.

Trident had $309,992,980 in assets and $39,607,591 in liabilities
as of Oct. 31, 2011.  The petition was signed by David L.
Teichmann, executive VP, general counsel & corporate secretary.

The Official Committee of Unsecured Creditors of Trident
Microsystems, Inc., et al., tapped Pachulski Stang Ziehl & Jones
LLP as its counsel, and Imperial Capital, LLC, as its investment
banker and financial advisor.

Roberta A. DeAngelis, the U.S. Trustee for Region 3 appointed
three members to the Committee of Trident Microsystems, Inc.
Equity Security Holders.


WASHINGTON MUTUAL: Has 3.97 Billion in Cash as of Feb. 29, 2012
---------------------------------------------------------------
Washington Mutual, Inc., on Apr. 4, 2012, filed its monthly
operating report with the Bankruptcy Court for the period ended
Feb. 29, 2012.

The company reported a net loss of $429.85 million on revenues of
$7.34 million for the month ended February 29, 2012.

As of Feb. 29, 2012, the company had total assets of $6.69
billion, total liabilities of $8.84 billion, resulting in a
stockholder?s deficit of $2.15 billion.

At the beginning of the month, Washington Mutual had $3.97 billion
in cash.  The company had total receipts of $35,339 and total
disbursements of $4.10 million.  As a result, at the end of the
month, Washington Mutual had total cash of $3.97 billion as of
Feb. 29, 2012.

A full-text copy of the monthly operating report is available at:

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

                     About Washington Mutual

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.

Records filed Jan. 24, 2012, say that Washington Mutual Inc.,
former owner of the biggest U.S. bank to fail, has spent
$232.8 million on bankruptcy professionals since filing its
Chapter 11case in September 2008.

In March 2012, the Debtors' Seventh Amended Joint Plan of
Affiliated, as modified, and as confirmed by order, dated Feb. 23,
2012, became effective, marking the successful completion of the
chapter 11 restructuring process.

The Plan is based on a global settlement that removed opposition
to the reorganization and remedy defects the judge identified in
September.  The plan is designed to distribute $7 billion.  Under
the reorganization plan, WaMu established a liquidating trust to
make distributions to parties-in-interest on account of their
allowed claims.



                          *********

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
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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 2012 .  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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re-mailing and photocopying) is strictly prohibited without prior
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herein is obtained from sources believed to be reliable, but is
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The TCR subscription rate is $775 for 6 months delivered via e-
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firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter Chapman
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                  *** End of Transmission ***