TCR_Public/130413.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 13, 2013, Vol. 17, No. 101

                            Headlines

A123 SYSTEMS: Had $189.66 Million Cash at Feb. 28
ALLIED SYSTEMS: Ends February With $5.96 Million Cash
AMPAL AMERICAN: Cash Dips to $809,017 at the End of January
BLITZ USA: Has $37.04 Million Stockholders' Deficit on Feb. 28
BLOCKBUSTER INC: Had $1.12 Million Cash Balance at Jan. 31

BLOCKBUSTER INC: Had $1.10 Million Cash Balance at Feb. 28
CHRIST HOSPITAL: Has $9.27 Million Cash as of Feb. 28
DAYTOP VILLAGE: Reports $727,796 Net Loss in January
DEX ONE: Prepares Three-Month Cash Flow Projection Thru June 7
DYNEGY INC: Cash Disbursements for February Increase to $262-Mil.

METEX MFG: Ends February With $1.16 Million in Cash
METRO FUEL: Cash Dips to $1.15 Million at Feb. 28
MONITOR COMPANY: Reports $59.01 Million Net Loss in January
OTELCO INC: Forecasts $33.06 Million in Cash on June 22
REVSTONE INDUSTRIES: Posts $1.87-Mil. Net Income in December

SUPERMEDIA: Prepares Three-Month Cash Flow Projection Thru June 14

                            *********

A123 SYSTEMS: Had $189.66 Million Cash at Feb. 28
-------------------------------------------------
A123 Systems, Inc., et al., on Apr. 5, 2013, filed its monthly
operating report for the month ended Feb. 28, 2013.

The Company posted a net income of $251,000 for the month ended
Feb. 28, 2013.

As of Feb. 28, 2013, the Company had total assets of $221.87
million, total liabilities of $213.65 million, and total
stockholders' equity of $8.23 million.

At the beginning of the month, A123 Systems had $205.7 million in
cash.  The Company had total cash receipts of $3.65 million and
total operating disbursements of $8.37 million.  A123 Systems also
had $2.88 million in professional fees.  As a result, at the end
of February, A123 Systems had total cash of $189.66 million.

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

                      http://is.gd/5mKhCx

                       About A123 Systems

Based in Waltham, Massachusetts, A123 Systems Inc. designed,
developed, manufactured and sold advanced rechargeable lithium-ion
batteries and battery systems and provided research and
development services to government agencies and commercial
customers.  A123 was the recipient of a $249 million federal grant
from the Obama administration.

A123 and U.S. affiliates, A123 Securities Corporation and Grid
Storage Holdings LLC, sought Chapter 11 bankruptcy protection
(Bankr. D. Del. Case Nos. 12-12859 to 12-12861) on Oct. 16, 2012.
A123 disclosed assets of $459.8 million and liabilities totaling
$376 million.  Lawyers at Richards, Layton & Finger, P.A., and
Latham & Watkins LLP serve as the Debtors' counsel.  Lazard Freres
& Co. LLC acts as the Debtors' financial advisors, while Alvarez &
Marsal serves as restructuring advisors.  Logan & Company Inc.
serves as the Debtors' claims and noticing agent.  Brown Rudnick
LLP and Saul Ewing LLP serve as counsel to the Official Committee
of Unsecured Creditors.

Prior to the bankruptcy filing, A123 had an agreement to sell an
80% stake in the business to Chinese auto-parts maker Wanxiang
Group Corp.  U.S. lawmakers opposed the deal over concerns on the
transfer of American taxpayer dollars and technology to China.
When it filed for bankruptcy, the Debtors presented a deal to sell
all assets to Johnson Controls Inc., subject to higher and better
offers.  At the auction in December 2012, most of the assets ended
up being sold for $256.6 million to Wanxiang.

Wanxiang America Corporation and Wanxiang Clean Energy USA Corp.
are represented in the case by lawyers at Young Conaway Stargatt &
Taylor, LLP, and Sidley Austin LLP.  JCI is represented in the
case by Josh Feltman, Esq., at Wachtell Lipton Rosen & Katz LLP.

A123 has filed a liquidating Chapter 11 plan designed to give
holders of $143.75 million in subordinated notes a recovery of
about 65%.  General unsecured creditors with $124 million in
claims are to have the same recovery.  The plan provides for
holders of $35.7 million in senior note claims to be paid in full.


ALLIED SYSTEMS: Ends February With $5.96 Million Cash
-----------------------------------------------------
Allied Systems Holdings, Inc., et al., on Apr. 1, 2013, filed its
monthly operating report for the month ended Feb. 28, 2013.

The Debtor reported a net loss of $6.58 million on revenues of
$20.98 million for the month ended Feb. 28, 2013.  Operating loss
was at $3.35 million.

As of Feb. 28, 2013, the Debtor had total assets of $229.42
million, total liabilities of $570.81 million and total
stockholders' deficit of $341.36 million.

For the current month, the Debtor had total disbursements of
$25.12 million.  At the end of February, Allied Systems had $5.96
million in cash and cash equivalents.

                       About Allied Systems

BDCM Opportunity Fund II, LP, Spectrum Investment Partners LP, and
Black Diamond CLO 2005-1 Adviser L.L.C., filed involuntary
petitions for Allied Systems Holdings Inc. and Allied Systems Ltd.
(Bankr. D. Del. Case Nos. 12-11564 and 12-11565) on May 17, 2012.
The signatories of the involuntary petitions assert claims of at
least $52.8 million for loan defaults by the two companies.

Allied Systems, through its subsidiaries, provides logistics,
distribution, and transportation services for the automotive
industry in North America.

Allied Holdings Inc. previously filed for chapter 11 protection
(Bankr. N.D. Ga. Case Nos. 05-12515 through 05-12537) on July 31,
2005.  Jeffrey W. Kelley, Esq., at Troutman Sanders, LLP,
represented the Debtors in the 2005 case.  Allied won confirmation
of a reorganization plan and emerged from bankruptcy in May 2007
with $265 million in first-lien debt and $50 million in second-
lien debt.

The petitioning creditors said Allied has defaulted on payments of
$57.4 million on the first lien debt and $9.6 million on the
second.  They hold $47.9 million, or about 20% of the first-lien
debt, and about $5 million, or 17%, of the second-lien obligation.
They are represented by Adam G. Landis, Esq., and Kerri K.
Mumford, Esq., at Landis Rath & Cobb LLP; and Adam C. Harris,
Esq., and Robert J. Ward, Esq., at Schulte Roth & Zabel LLP.

Allied Systems Holdings Inc. formally put itself and 18
subsidiaries into bankruptcy reorganization June 10, 2012,
following the filing of the involuntary Chapter 11 petition.

The Company is being advised by the law firms of Troutman Sanders,
Gowling Lafleur Henderson, and Richards Layton & Finger.

The bankruptcy court process does not include captive insurance
company Haul Insurance Limited or any of the Company's Mexican or
Bermudan subsidiaries.  The Company also announced that it intends
to seek foreign recognition of its Chapter 11 cases in Canada.

An official committee of unsecured creditors has been appointed in
the case.  The Committee consists of Pension Benefit Guaranty
Corporation, Central States Pension Fund, Teamsters National
Automobile Transporters Industry Negotiating Committee, and
General Motors LLC.  The Committee is represented by Sidley Austin
LLP.


AMPAL AMERICAN: Cash Dips to $809,017 at the End of January
-----------------------------------------------------------
Ampal American Israel Corporation, on March 18, 2013, filed its
monthly operating report for the month ended Jan. 31, 2013.

The Company reported a net loss of $161,370 for the month ended
Jan. 31, 2013.

As of Jan. 31, 2013, the Company had total assets of $345.96
million, total liabilities of $274.7 million, and total
stockholders' equity of $71.26 million.

At the beginning of January, Ampal American had $968,261 in cash.
The Company had total cash receipts of $150,000 and total cash
disbursements of $310,415.  At the end of the month, Ampal
American had total cash of $809,017.

                        About Ampal-American

Ampal-American Israel Corporation -- http://www.ampal.com/--
acquired interests primarily in businesses located in Israel or
that are Israel-related.  Ampal-American filed a Chapter 11
petition (Bankr. S.D.N.Y. Case No. 12-13689) on Aug. 29, 2012, to
restructure the Company's Series A, Series B and Series C
debentures.  Bankruptcy Judge Stuart M. Bernstein presides over
the case.  Ampal-American sought bankruptcy protection in the U.S.
because bankruptcy laws in Israel would lead to the Company's
liquidation.

Michelle McMahon, Esq., at Bryan Cave LLP, serves as the Debtor's
counsel.  Houlihan Lokey serves as investment banker.

The petition was signed by Irit Eluz, chief financial officer,
senior vice president.  The Company scheduled $290,664,095 in
total assets and $349,413,858 in total liabilities.

A three-member official committee of unsecured creditors is
represented by Brown Rudnick as counsel.


BLITZ USA: Has $37.04 Million Stockholders' Deficit on Feb. 28
--------------------------------------------------------------
Blitz U.S.A., Inc., et al., on March 21, 2013, filed its monthly
operating report for the month ended Feb. 28, 2013.

The Company posted a net loss of $390,232 on net revenue of
$3,856 for the month ended Feb. 28, 2013.

As of Feb. 28, 2013, the Company had total assets of $1.27
million, total liabilities of $38.31 million, and total
stockholders' deficit of $37.04 million.

For the month of February, Blitz USA had total cash receipts of
$3,856 and total disbursements of $396,233.  At the end of
the month, the Company had total cash of $1.07 million.

                        About Blitz U.S.A.

Blitz U.S.A. Inc., is a Miami, Oklahoma-based manufacturer of
plastic gasoline cans.  The company, controlled by Kinderhook
Capital Fund II LP, filed for bankruptcy protection to stanch a
hemorrhage resulting from 36 product-liability lawsuits.

Parent Blitz Acquisition Holdings, Inc., and its affiliates filed
for Chapter 11 protection (Bankr. D. Del. Case Nos. 11-13602 thru
11-13607) on Nov. 9, 2011.  The Hon. Peter J. Walsh presides over
the case.

Blitz USA disclosed $36,194,434 in assets and $41,428,577 in
liabilities in its schedules.

Daniel J. DeFranceschi, Esq., at Richards, Layton & Finger,
represents the Debtors in their restructuring efforts.  The
Debtors tapped Zolfo Cooper, LLC, as restructuring advisor; and
Kurtzman Carson Consultants LLC serves as notice and claims agent.
SSG Capital Advisors LLC serves as investment banker.

Lowenstein Sandler PC from Roseland, New Jersey, represents the
Official Committee of Unsecured Creditors.

The Chapter 11 case is financed with a $5 million secured loan
from Bank of Oklahoma.  Bank of Oklahoma, as DIP agent, is
represented by Samuel S. Ory, Esq., at Frederic Dorwart Lawyers in
Tulsa.

In April 2012, Hopkins Manufacturing Corp. acquired the assets of
Blitz USA's unit, F3 Brands LLC, a major manufacturer of oil
drains, drain pans, lifting aids and automotive ramps.  Blitz USA
said in court documents the sale netted the Debtors $14.6 million,
which was applied against secured debt.

Blitz announced in June it would abandon its efforts to reorganize
and instead to shut down operations by the end of July.  In
September, the Troubled Company Reporter, citing Sheila Stogsdill
at Tulsa World, reported that the Bankruptcy Court approved a $9.5
million offer from Toronto, Canada-based Scepter Corporation to
purchase Blitz USA, according to Philip Monckton, Scepter's vice
president of sales and marketing.  Scepter bought land, equipment
and other assets.  Scepter supplies about 20% of the USA market
with gas cans.  The report said the sale was to become final on
Sept. 28, 2012.


BLOCKBUSTER INC: Had $1.12 Million Cash Balance at Jan. 31
----------------------------------------------------------
BB Liquidating, Inc., formerly known as Blockbuster Inc., on April
3, 2013, filed its monthly operating report for the month ended
January 31, 2013.

As of December 31, 2012, the Company had a cash balance of
$1,204,189.  Its cash disbursements for January reached $81,101,
leaving a cash balance of $1,123,088 at Jan. 31, 2012.

For the month of January, the Company paid $11,112 in professional
Fees and $56,554 in tax payments, among other things.

                      About Blockbuster Inc.

Blockbuster Inc., the movie rental chain with a library of
more than 125,000 titles, along with 12 U.S. affiliates,
initiated Chapter 11 bankruptcy proceedings with a pre-arranged
reorganization plan in Manhattan (Bankr. S.D.N.Y. Case No.
10-14997) on Sept. 23, 2010.  It disclosed assets of $1 billion
and debts of $1.4 billion at the time of the filing.

Martin A. Sosland, Esq., and Stephen Karotkin, Esq., at Weil,
Gotshal & Manges, serve as counsel to the U.S. Debtors.
Rothschild Inc. is the financial advisor.  Alvarez & Marsal is the
restructuring advisor with A&M managing director Jeffery J.
Stegenga as chief restructuring officer.  Kurtzman Carson
Consultants LLC is the claims and notice agent.  The Official
Committee of Unsecured Creditors retained Cooley LLP as its
counsel.

In April 2011, Blockbuster conducted a bankruptcy court-sanctioned
auction for all the assets.  Dish Network Corp. won with an offer
having a gross value of $320 million.  The Debtor changed its name
from Blockbuster Inc. to BB Liquidating Inc. after Dish purchased
all assets, including the trade name.


BLOCKBUSTER INC: Had $1.10 Million Cash Balance at Feb. 28
----------------------------------------------------------
BB Liquidating, Inc., formerly known as Blockbuster Inc., on
April 3, 2013, filed its monthly operating report for the month
ended February 28, 2013.

As of January 31, 2013, the Company had a cash balance of
$1,123,088 million.  Its cash disbursements for February reached
$55,274 and got $41,313 in refunds for the month, leaving a cash
balance of $1,109,127 at Feb. 28, 2013.

For the month of February, the Company paid $40,629 in
professional fees and made $12,888 in tax payments, among other
things.

                      About Blockbuster Inc.

Blockbuster Inc., the movie rental chain with a library of
more than 125,000 titles, along with 12 U.S. affiliates,
initiated Chapter 11 bankruptcy proceedings with a pre-arranged
reorganization plan in Manhattan (Bankr. S.D.N.Y. Case No.
10-14997) on Sept. 23, 2010.  It disclosed assets of $1 billion
and debts of $1.4 billion at the time of the filing.

Martin A. Sosland, Esq., and Stephen Karotkin, Esq., at Weil,
Gotshal & Manges, serve as counsel to the U.S. Debtors.
Rothschild Inc. is the financial advisor.  Alvarez & Marsal is the
restructuring advisor with A&M managing director Jeffery J.
Stegenga as chief restructuring officer.  Kurtzman Carson
Consultants LLC is the claims and notice agent.  The Official
Committee of Unsecured Creditors retained Cooley LLP as its
counsel.

In April 2011, Blockbuster conducted a bankruptcy court-sanctioned
auction for all the assets.  Dish Network Corp. won with an offer
having a gross value of $320 million.  The Debtor changed its name
from Blockbuster Inc. to BB Liquidating Inc. after Dish purchased
all assets, including the trade name.


CHRIST HOSPITAL: Has $9.27 Million Cash as of Feb. 28
-----------------------------------------------------
Christ Hospital, on March 14, 2013, filed its monthly operating
report for the month ended Feb. 28, 2013.

The Debtor reported a net loss of $159,000 for the month ended
Feb. 28, 2013.

As of Feb. 28, 2013, the Debtor had total assets of $9.26 million,
total liabilities of $100.71 million, and total stockholders'
equity of $91.45 million.

At the beginning of the month, the Debtor had a beginning estate
cash balance of $9.35 million.  For the current month, Christ
Hospital had total cash disbursements of $168,796.  As of Feb. 28,
2013, the Debtor had an ending estate cash balance of $9.27
million.

                       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.

Attorneys at Sills, Cummis & Gross, P.C., represent the Official
Committee of Unsecured Creditors.

On March 27, 202, Judge Stern approved the sale of the Hospital's
assets to Hudson Hospital Holdo, LLC.  Hudson bid $45,271,000 for
the Hospital's assets.  The sale of the Debtor's assets to Hudson
closed on July 13, 2012.


DAYTOP VILLAGE: Reports $727,796 Net Loss in January
----------------------------------------------------
Daytop Village, Inc., on March 13, 2013, filed its monthly
operating report for the month ended Jan. 31, 2012.

The Company posted a net loss of $727,796 on net revenue of $2.35
million for the month ended Jan. 31, 2012.

As of Jan. 31, 2012, Daytop Village had total assets of $5.59
million, total liabilities of $58.69 million, and total
stockholders' deficit of $53.1 million.

At the beginning of the month, Daytop Village had $1.28 million in
cash.  The Company had total cash receipts of $6.36 million and
total cash disbursements of $6.31 million.  As a result, at the
end of January, Daytop Village had total cash of $1.32 million.

                     About Daytop Village

Daytop Village Foundation Incorporated, along with affiliate
Daytop Village Inc., filed a Chapter 11 petition (Bankr. S.D.N.Y.
Case No. 12-11436) on April 5, 2012, in Manhattan.

In 1963, Father William O'Brien and Dr. Alexander Bassin founded
the Daytop Lodge, a substance abuse treatment facility, in Staten
Island.  Today, Daytop is the third largest substance abuse agency
operating in the State of New York and the only substance abuse
agency operating world-wide under a contract with the Unites
States State Department.  It provides family-oriented substance
abuse treatment for adults and adolescents. Through six
residential facilities and eight outreach clinics in New York,
Daytop offers individual treatment plans by providing professional
counseling, medical, social and spiritual attention.

Judge Shelley C. Chapman presides over the Chapter 11 cases.
Lowenstein Sandler PC is the Debtors' counsel.  Epiq Bankruptcy
Solutions, LLC, is the claims and notice agent.  The Debtors'
Restructuring and Management Officer is Marotta Gund Budd Dezera
LLC.  The petition was signed by Michael Dailey, chief executive
officer.

Daytop Village Inc., as of Jan. 31, 2012, has $8.68 million in
assets and $45.03 million of liabilities.  DVF has $42.20 million
in assets and $32.00 million in liabilities as of Jan. 31, 2012.

Island Funding II, the DIP lender, is represented by Paul R.
DeFilippo, Esq., at Wollmuth Maher & Deutsch LLP.  Counsel to the
prepetition lender Signature Bank is Stephen D. Brodie, Esq., at
Herrick Feinstein LLP; and Joshua I. Divack, Esq., at Hahn &
Hessen LLP.  Counsel to the prepetition lender Hudson Valley Bank
is James P. Blose, Esq., at Griffin Coogan Blose & Sulzer P.C.

The Official Committee of Unsecured Creditors was formed April 17,
2012.  Bendinger & Schlesinger, Inc., is the chair of the
Committee.  Alvarez & Marsal Healthcare Industry Group LLC is the
Committee's financial advisor.  Robinson Brog Leinwand Greene
Genovese & Gluck P.C. is the Committee's counsel.

Eric M. Huebscher was appointed Patient Care Ombudsman in the
case.


DEX ONE: Prepares Three-Month Cash Flow Projection Thru June 7
--------------------------------------------------------------
Dex One Corporation, et al. submitted to the bankruptcy court a
3-month cash flow projection due to the accelerated nature of
their prepackaged Chapter 11 case.

The Debtors forecast that by the end of April 2013, their cash
receipts will be $21.8 million and cash disbursements will total
$15 million for a net cash flow of $6.8 million.  By the end of
May 2013, they forecast total cash receipts of $21.7 million and
total cash disbursements of $20 million for a net cash flow of
$1.7 million.

The cash flow forecast was provided in an initial monthly
operating report document filed on April 2, 2013.

The report also disclosed that the Debtors have paid a $25,000
retainer to Epiq on Jan. 31, 2013; a $500,000 retainer to Kirkland
& Ellis LLP in January; and a $75,000 retainer to Pachulski Stang
Ziehl and Jones LLP on March 11, 2013.

A copy of the Debtors' Cash Flow Projection is available for free
at http://bankrupt.com/misc/DEXONE_InitialMOR.pdf

                          About Dex One

Dex One Corp., headquartered in Cary, North Carolina, is a local
business marketing services company that includes print
directories and online voice and mobile search.  The company
employs 2,200 people across the United States.  Dex One provides
print yellow pages directors, which it co-brands with other
recognizable brands in the industry, including Century Link and
AT&T.  It also provides the yellow pages websites DexKnows.com and
DexPages.com, as well as mobile apps Dex Mobile, Dex CityCentral.

Dex One and 11 affiliates sought Chapter 11 protection (Bankr. D.
Del. Lead Case No. 13-10534) on March 17 and 18, 2013, with a
prepackaged plan of reorganization designed to effectuate a merger
with SuperMedia Inc.  Dex One disclosed total assets of $2.84
billion and total liabilities of $2.79 billion as of Dec. 31,
2012.

Houlihan Lokey is acting as financial advisor to Dex One, and
Kirkland & Ellis LLP is acting as its legal counsel.  Pachulski
Stang Ziehl & Jones LLP is co-counsel.  Epiq Systems serves as
claims agent.

This is Dex One's second stint in Chapter 11.  Its predecessor,
R.H. Donnelley Corp., sought Chapter 11 protection in May 2009
(Bankr. Bank. D. Del. Case No. 09-11833 through 09-11852) and
changed its name to Dex One Corp. after emerging from bankruptcy
in January 2010.

As of Dec. 31, 2012, persons or entities directly or indirectly
own, control, or hold 5% or more of the voting securities of Dex
One are Franklin Advisers, Inc., Hayman Capital Management LP,
Robert E. Mead, Restructuring Capital Associates LP, Paulson &
Co., Inc., and Mittleman Investment Management LLC.


DYNEGY INC: Cash Disbursements for February Increase to $262-Mil.
-----------------------------------------------------------------

Dynegy Inc., on April 4, 2013, filed its monthly operating report
for the month ended February 28, 2013.

At the beginning of the month, the Company had $331,125,000 in
cash.  Net cash flow for the month was $(5,540,000).  Thus,
cash at the end of the month totaled $325,585,000.

The February net cash flow is from total cash receipts of
$257,323,000 and total cash disbursements of $262,863,000.
Disbursements for the month include $3.80 million in professional
fees, a $5 million intercompany transfer, and $246.34 million in
an overnight investment account.

                         About Dynegy

Through its subsidiaries, Houston, Texas-based Dynegy Inc.
(NYSE: DYN) -- http://www.dynegy.com/-- produces and sells
electric energy, capacity and ancillary services in key U.S.
markets.  The power generation portfolio consists of approximately
12,200 megawatts of baseload, intermediate and peaking power
plants fueled by a mix of natural gas, coal and fuel oil.

Dynegy Holdings LLC and four other affiliates of Dynegy Inc.
sought Chapter 11 bankruptcy protection (Bankr. S.D.N.Y. Lead Case
No. 11-38111) on Nov. 7, 2011, to implement an agreement with a
group of investors holding more than $1.4 billion of senior notes
issued by Dynegy's direct wholly-owned subsidiary, Dynegy
Holdings, regarding a framework for the consensual restructuring
of more than $4.0 billion of obligations owed by DH.  If this
restructuring support agreement is successfully implemented, it
will significantly reduce the amount of debt on the Company's
consolidated balance sheet.  Dynegy Holdings disclosed assets of
$13.77 billion and debt of $6.18 billion.

Dynegy Inc. on July 6, 2012, filed a voluntary petition to
reorganize under Chapter 11 (Bankr. S.D.N.Y. Case No. 12-36728) to
effectuate a merger with Dynegy Holdings, pursuant to Holdings'
Chapter 11 plan.

Dynegy Holdings and its affiliated debtor-entities are represented
in the Chapter 11 proceedings by Sidley Austin LLP as their
reorganization counsel.  Dynegy and its other subsidiaries are
represented by White & Case LLP, who is also special counsel to
the Debtor Entities with respect to the Roseton and Danskammer
lease rejection issues.  The financial advisor is FTI Consulting.

The Official Committee of Unsecured Creditors in Holdings' cases
has tapped Akin Gump Strauss Hauer & Feld LLP as counsel.

Dynegy Holdings and its parent, Dynegy Inc., completed their
Chapter 11 reorganization and emerged from bankruptcy Oct. 1,
2012.  Under the terms of the DH/Dynegy Plan, DH merged with and
into Dynegy, with Dynegy, Inc., remaining as the surviving entity.

Dynegy Northeast Generation, Inc., Hudson Power, L.L.C., Dynegy
Danskammer, L.L.C. and Dynegy Roseton, L.L.C., won confirmation of
their plan of liquidation in March 2013, allowing the former
operating units of Dynegy to consummate a settlement agreement
resolving some lease trustee claims and sell their facilities.


METEX MFG: Ends February With $1.16 Million in Cash
---------------------------------------------------
Metex Mfg. Corporation, on March 19, 2013, filed its monthly
operating report for the month ended Feb. 28, 2013.

The Debtor reported a net income of $62,460 for the month ended
Feb. 28, 2013.

As of Feb. 28, 2013, the Debtor had total assets of $5.3
million, total liabilities of $9.25 million, and total
stockholders' deficit of $3.96 million.

At the beginning of February, Metex Mfg. had $1.1 million in
cash.  The Debtor had total cash receipts of $62,460 and total
cash disbursements of $1,000.  As a result, at the end of the
month, Metex Mfg. had total cash of $1.16 million.

                            About Metex

Great Neck, New York-based Metex Mfg. Corporation, formerly known
as Kentile Floors, Inc., started business in the late 1800's as a
manufacturer of cork tile, and thereafter progressed to making
composite tile for commercial and residential use.  It filed for
Chapter 11 bankruptcy protection (Bankr. S.D.N.Y. Case No. 12-
14554) on Nov. 9, 2012.  The petition was signed by Anthony J.
Miceli, president.  The Debtor estimated its assets and debts at
$100 million to $500 million.  Judge Burton R. Lifland presides
over the case.

Affiliate Kentile Floors, Inc., filed a separate Chapter 11
petition (Bankr. S.D.N.Y. Case No. 92-46466) on Nov. 20, 1992.

Caplin & Drysdale, Chartered represents the Official Committee of
unsecured Creditors in the Debtor's case.


METRO FUEL: Cash Dips to $1.15 Million at Feb. 28
-------------------------------------------------
Metro Fuel Oil Corp., et al., on March 20, 2013, filed its monthly
operating report for the month ended Feb. 28, 2013.

The Debtor reported a net loss of $1.89 million on net sales of
$9.66 million for the month ended Feb. 28, 2013.

As of Feb. 28, 2013, the Debtor had total assets of $73.68
million, total liabilities of $102.04 million and total
stockholders' deficit of $28.36 million.

At the beginning of February, Metro Fuel had $1.35 million in
cash.  The Debtor had total cash receipts of $14.55 million and
total cash disbursements of $14.75 million.  As a result, at the
end of the end of the month, Metro Fuel had total cash of $1.15
million.

                          About Metro Fuel

Metro Fuel Oil Corp., is a family-owned energy company, founded in
1942, that supplies and delivers bioheat, biodiesel, heating oil,
central air conditioning units, ultra low sulfur diesel fuel,
natural gas and gasoline throughout the New York City metropolitan
area and Long Island.  Owned by the Pullo family, Metro has 55
delivery trucks and a 10 million-gallon fuel terminal in Brooklyn.

Financial problems resulted in part from cost overruns in building
an almost-complete biodiesel plant with capacity of producing 110
million gallons a year.

Based in Brooklyn, New York, Metro Fuel Oil Corp., fka Newtown
Realty Associates, Inc., and several of its affiliates filed for
Chapter 11 bankruptcy protection (Bankr. E.D.N.Y. Lead Case No.
12-46913) on Sept. 27, 2012.  Judge Elizabeth S. Stong presides
over the case.  Nicole Greenblatt, Esq., at Kirkland & Ellis LLP,
represents the Debtor.  The Debtor selected Epiq Bankruptcy
Solutions LLC as notice and claims agent.  Th Debtor tapped Carl
Marks Advisory Group LLC as financial advisor and investment
banker, Curtis, Mallet-Prevost, Colt & Mosle LLP as co-counsel, AP
Services, LLC as crisis managers for the Debtors, and appoint
David Johnston as their chief restructuring officer.

The petition showed assets of $65.1 million and debt totaling
$79.3 million.  Liabilities include $58.8 million in secured debt,
with $48.3 million owing to banks and $10.5 million on secured
industrial development bonds.  Metro Terminals Corp., affiliate of
Metro Fuel Oil Corp., disclosed $38,613,483 in assets and
$71,374,410 in liabilities as of the Chapter 11 filing.

The U.S. Trustee appointed seven-member creditors committee.
Kelley Drye & Warren LLP represents the Committee.  The Committee
tapped FTI Consulting, Inc. as its financial advisor.

On Feb. 15, 2015, the Bankruptcy Court entered an order approving
the sale of substantially all of the assets of the Debtors to
United Refining Energy Corp., and its assignees and designees for
the Base Purchase Price of $27,000,000, as adjusted prior to the
Closing, and as further adjusted by the payments contemplated by
Section 2.7(d) of the APA.


MONITOR COMPANY: Reports $59.01 Million Net Loss in January
-----------------------------------------------------------
Monitor Company Group LP, et al., on March 27, 2013, filed its
monthly operating report for the month ended Jan. 31, 2013.

The Company posted an undistributed loss of $59.01 million on
revenues of $2.82 million for the month ended Jan. 31, 2013.

As of Jan. 31, 2013, Monitor Company had total assets of $33.07
million and total stockholders' equity of $12.64 million.

For the month of January, Monitor Company had total cash inflows
of $28.61 million and total cash disbursements of $17.62 million.
At the end of the month, the Company had total cash of $29.59
million.

                      About Monitor Company

Monitor Company Group LP -- http://www.monitor.com/-- is a global
consulting firm with 1,200 personnel in offices across 17
countries worldwide.  Founded in 1983 by six entrepreneurs, and
headquartered in Cambridge, Massachusetts, Monitor advises for-
profit, sovereign, and non-profit clients on growing their
businesses and economies and furthering their charitable purposes.

Monitor and several affiliates filed for Chapter 11 bankruptcy
(Bankr. D. Del. Case Nos. 12-13042 to 12-13062) on Nov. 7, 2012.
Judge Hon. Christopher S. Sontchi presides over the case.  Pepper
Hamilton LLP and Ropes & Gray LLP serve as the Debtors' counsel.
The financial advisor is Carl Marks Advisory Group LLC.  Epiq
Bankruptcy Solutions, LLC is the claims and noticing agent.

The petitions were signed by Bansi Nagji, president.

Cole, Schotz, Meisel, Forman & Leonard, P.A., represents the
Committee of Unsecured Creditors as counsel.

Bank of America is represented in the case by Jinsoo Kim, Esq.,
and Timothy Graulich, Esq., at Davis Polk & Wardwell LLP; and Mark
D. Collins, Esq., at Richards Layton & Finger PA.

J. Gregory Milmoe, Esq., and Shana A. Elberg, Esq., at Skadden
Arps Slate Meagher & Flom LLP in New York; and Mark Chehi, Esq.,
and Christopher DiVirgilio, Esq., at Skadden Arps in Delaware,
represent Deloitte Consulting LLP.

Caltius Partners IV LP; Caltius Partners Executive IV, LP; and CP
IV Pass-Through (Monitor) LP are represented by John Sieger, Esq.,
at Katten Muchin Rosenman LLP.

Monitor's consolidated unaudited financial statements as of
June 30, 2012, which include the assets and liabilities of non-
Debtor foreign subsidiaries, reflected total assets of roughly
$202 million (including $93 million in current assets) and total
liabilities of roughly $200 million.

Monitor filed for bankruptcy to sell substantially all of their
businesses and assets to Deloitte Consulting LLP, a Delaware
registered limited liability partnership and DCSH Limited, a UK
company limited by shares, subject to higher or otherwise better
offers.  The base purchase price set forth in the Stalking Horse
Agreement is $116.2 million, plus (i) assumption of certain
liabilities and (ii) certain cure costs for assumed contracts.
The Stalking Horse Agreement provides for the Stalking Horse
Bidder to receive a combined breakup fee and expense reimbursement
of $4 million.

The Debtors held an auction on Nov. 28, 2012, at the offices of
the Sellers' counsel, Ropes & Gray LLP in New York.  In mid-
January 2013, Judge Sontchi allowed the Debtors to sell its assets
to Deloitte Consulting for $116.2 million.


OTELCO INC: Forecasts $33.06 Million in Cash on June 22
-------------------------------------------------------
Otelco Inc., et al., on Apr. 8, 2012, filed its initial monthly
operating report for the period from March 30 through June 22,
2013.

As of March 30, 2013, the Debtor had $32.81 million in cash.  The
Debtor is expecting total cash receipts of $20.83 million and
total disbursements of $15.75 million by the end of the period.
As a result, Otelco is forecasting total cash of $33.06 million as
of June 22, 2013.

                        About Otelco Inc.

Otelco Inc. and 16 affiliated Debtors filed for Chapter 11
protection (Bankr. D. Del. Case No. 13-10593) on March 24, 2013.

Otelco filed for chapter 11 in order to implement its "pre-
packaged" financial restructuring plan -- a plan that already has
been accepted by 100% of the Company's senior lenders, as well as
holders of over 96% in dollar amount of Otelco's senior
subordinated notes who cast ballots.  Otelco's restructuring plan
will strengthen the Company by deleveraging its balance sheet and
reducing its overall indebtedness by approximately $135 million.

Because of the overwhelming support Otelco's plan has received
from both its secured and unsecured creditors (including holders
of the Company's IDS units), Otelco anticipates that the Company
will be able to complete its financial restructuring at the end of
the second quarter of 2013.

The Company's restructuring counsel is Willkie Farr & Gallagher
LLP and its financial advisor is Evercore Partners.  The
restructuring counsel for the administrative agent for the senior
lenders is King & Spalding LLP and its financial advisor is FTI
Consulting.

Otelco Inc. is a wireline telecommunication services provider in
Alabama, Maine, Massachusetts, Missouri, New Hampshire, Vermont
and West Virginia.

The Plan provides for:

   -- Each holder of the senior secured term loan claims will
receive its pro rata share of (i) term loan obligations of the
Company under the new senior secured credit facility of not more
than $142 million, maturing on April 30, 2016; (ii) a cash payment
of no less than $20 million and (iii) the New Class B Common Stock
representing 7.5% of the total economic and voting interest in
reorganized Otelco,.

  -- Allowed senior secured revolving loan claims, as amended,
will be reinstated, with availability of up to $5 million,
pursuant to the new senior secured credit facility agreement and
each holder of the Company's outstanding subordinated notes to
receive a pro rata share of the New Class A Common Stock.

   -- Allowed general unsecured claims will be reinstated and paid
in full, provided, that, if holders of Class 5 subordinated notes
claims vote to reject the Plan, holders of allowed general
unsecured claims shall receive a cash payment equal to 40.5% of
the allowed amount of such general unsecured claim.

   -- All of the Company's existing equity interests will be
cancelled.


REVSTONE INDUSTRIES: Posts $1.87-Mil. Net Income in December
------------------------------------------------------------
Revstone Industries, LLC, on March 26, 2013, filed its monthly
operating report for the period from Dec. 3 to 31, 2012.

The Debtor reported a net income of $1.87 million for the period
ended Dec. 31, 2012.

As of Dec. 31, 2012, the Debtor had total assets of $72.55
million, total liabilities of $93.27 million and total
stockholders' deficit of $20.72 million.

          About Revstone Industries, Greenwood Forgings,
                      & US Tool & Engineering

Lexington, Kentucky-based Revstone Industries LLC, a maker of
truck parts, filed for Chapter 11 bankruptcy (Bankr. D. Del. Case
No. 12-13262) on Dec. 3, 2012.  Judge Brendan Linehan Shannon
oversees the case.  In its petition, Revstone estimated under
$50 million in assets and debts.

Affiliate Spara LLC filed its Chapter 11 petition (Bankr. D. Del.
Case No. 12-13263) on Dec. 3, 2012.

Lexington-based Greenwood Forgings, LLC (Bankr. D. Del. Case No.
13-10027) and US Tool & Engineering LLC (Bankr. D. Del. Case No.
13-10028) filed separate Chapter 11 petitions on Jan. 7, 2013.
Judge Shannon also oversees the cases.

A motion for joint administration of the cases has been filed.

Duane David Werb, Esq., at Werb & Sullivan, serves as bankruptcy
counsel to Greenwood and US Tool.  Greenwood estimated $1 million
to $10 million in assets and $10 million to $50 million in debts.
US Tool & Engineering estimated under $1 million in assets and
$1 million to $10 million in debts.  The petitions were signed by
George S. Homeister, chairman.


SUPERMEDIA: Prepares Three-Month Cash Flow Projection Thru June 14
------------------------------------------------------------------
Supermedia Inc. and its affiliates submitted to the bankruptcy
court a 3-month cash flow projection on April 1, 2013.

The Debtors forecast that by the end of April 2013, their cash
receipts will be $102.3 million and cash disbursements will total
$87.2 million for a net cash flow of $15.1 million.  By mid-June
2013, they forecast total cash receipts of $45.8 million and total
cash disbursements of $55.1 million for a net cash flow of $(9.3
million).

The cash flow forecast was provided in an initial monthly
operating report document.

The report also disclosed that the Debtors have paid a $500,000
retainer to Cleary Gottlieb Steen & Hamilton LLP on Feb. 20, 2013;
a $500,000 retainer to Fulbright & Jaworski LLP on Mar. 12, 2013;
a $50,000 retainer to Young Conaway Stargatt & Taylor LLP on Feb.
27, 2013; and $25,000 retainer to Epiq Bankruptcy Solutions LLC on
Dec. 7, 2012.

A copy of the Debtors' Cash Flow Projection is available for free
at http://bankrupt.com/misc/SUPERMEDIA_InitialMOR.pdf

                         About SuperMedia

Headquartered in D/FW Airport, Texas, SuperMedia Inc., formerly
known as Idearc, Inc., is a yellow pages directory publisher in
the United States. Its portfolio includes the Superpages
directories, Superpages.com, digital local search resource on both
desktop and mobile devices, the Superpages.com network, which is a
digital syndication network, and its Superpages direct mailers.
SuperMedia is the official publisher of Verizon, FairPoint and
Frontier print directories in the markets in which these companies
are the incumbent local telephone exchange carriers.  Idearc was
spun off from Verizon Communications, Inc., in 2006.

At Dec. 31, 2012, SuperMedia had approximately 3,200 employees, of
which approximately 950 or 30% were represented by unions.

SuperMedia and three affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 13-10545) on March 18, 2013, to
effectuate a merger of equals with Dex One Corp.  SuperMedia
disclosed total assets of $1.4 billion and total debt of $1.9
billion.

Morgan Stanley & Co. LLC is acting as financial advisors to
SuperMedia, and Cleary Gottlieb Steen & Hamilton LLP and Young
Conaway Stargatt & Taylor, LLP are acting as its legal counsel.
Fulbright & Jaworski L.L.P is special counsel.  Chilmark Partners
Is acting as financial advisor to SuperMedia's board of directors.
Epiq Systems serves as claims agent.

This is also SuperMedia's second stint in Chapter 11.  Idearc and
its affiliates filed for Chapter 11 protection (Bankr. N.D. Tex.
Lead Case No. 09-31828) in March 2009 and emerged from bankruptcy
in December 2009, reducing debt from more than $9 billion to $2.75
billion.


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers"
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Wednesday's edition of the TCR.  Submissions about insolvency-
related conferences are encouraged.  Send announcements to
conferences@bankrupt.com/

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

For copies of court documents filed in the District of Delaware,
please contact Vito at Parcels, Inc., at 302-658-9911.  For
bankruptcy documents filed in cases pending outside the District
of Delaware, contact Ken Troubh at Nationwide Research &
Consulting at 207/791-2852.

                           *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors" Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Howard C. Tolentino, Joseph Medel C. Martirez, Carmel
Paderog, Meriam Fernandez, Ronald C. Sy, Joel Anthony G. Lopez,
Cecil R. Villacampa, Sheryl Joy P. Olano, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2013.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-241-8200.


                  *** End of Transmission ***