/raid1/www/Hosts/bankrupt/TCR_Public/980623.MBX
T R O U B L E D C O M P A N Y R E P O R T E R
Tuesday, June 23, 1998, Vol. 2, No. 122
Headlines
ALLIANCE ENTERTAINMENT: Committee's Disclosure Displeasure
BUSTER BROWN: NationsBank Takes a Swipe at the Joint Plan
CALIFORNIA ADVANTAGE: Files for Bankruptcy Protection
CONSOLIDATED STAINLESS: Taps Phoenix Management Services
CONTEMPORARY INDUSTRIES: 1st Amended Disclosure Statement
CONTEMPORARY INDUSTRIES: Administrative Claims Bar Date
ERGOBILT, INC.: Delays Filing Annual Report with SEC
FIRST UNION: REIT Announces Bank Facilities in Default
FIRST UNION: REIT Announces New Legal Counsel Retained
HOME HOLDINGS: Third Amendment to Schedules & Statements
J.G. FURNITURE: Assets Go to the Auction Block
KOENIG SPORTING GOODS: Files Chapter 11 Plan of Liquidation
L.LURIA: Luria's Response to Committee's Objection
MIDCON OFFSHORE: Disclosure Statement
NEXTWAVE PERSONAL: Interim DIP Financing Approved
QUADRAX CORPORATION: Power Stick Files Claim
RDM SPORTS: Metromedia Blasts $5.5M Cash Collateral Fund
STACEY'S BUFFET: Filing for Chapter 11 Bankruptcy
SUNBELT NURSERY: Court Approves Employment of Professionals
TEXFI INDUSTRIES: Unable to Timely File Quarterly Report
TIE/COMMUNICATIONS, INC.: Sale Procedures Proposed
VOC ANALYTICAL: Agreed Order Setting Deadline to File Plan
VITALE ENTERPRISES: Sale Hearing Set
Meetings, Conferences and Seminars
*********
ALLIANCE ENTERTAINMENT: Committee's Disclosure Displeasure
----------------------------------------------------------
The Disclosure Statement filed in support of the Plan
proposed by Alliance Entertainment Corp. and its debtor-
affiliates fails, among other things, to provide an
adequate description of the pre-petition events leading to
Alliance's chapter 11 filing. If the disclosure were
adequate, the Official Committee of Unsecured Creditors
says, the Disclosure Statement would explain that
Alliance's chapter 11 case was an "accident waiting to
happen" for at least a year prior to the Petition Date.
"The Disclosure Statement necessarily is inadequate because
it is being prepared before the completion of the
committee's investigation of the pre-petition conduct of
Alliance's apparently dysfunctional Board and senior
management," the Committee says.
BUSTER BROWN: NationsBank Takes a Swipe at the Joint Plan
---------------------------------------------------------
The reorganization plan jointly proposed by Buster Brown
Apparel, Inc., and three members of its bank group faces
opposition from the fourth member, NationsBank N.A.,
according to a report circulated by Federal Filings, Inc.
The plan conflicts with the provisions of a subordination
agreement under which Apollo BBA Partners L.P. and CB
Capital "contracted to absolutely subordinate their Junior
Bank Group Participation Claims to the Bank Group Secured
Claims until the Bank Group has received full payment on
account of its claims," NationsBank contended. Buster
Brown and Chase Manhattan Bank, Cerberus Partners L.P., and
Merrill Lynch Pierce Fenner & Smith Inc. proposed a plan
based on a settlement of potential causes of action against
the bank group, Apollo, and Chase Venture Capital
Associates L.P., FedFiles added.
CALIFORNIA ADVANTAGE: Files for Bankruptcy Protection
-----------------------------------------------------
A lack of money and the complexities of the medical
business have claimed another one of the nation's doctor-
owned managed-care companies, this time in California,
reports the Arizona Republic. California Advantage,
started by the California Medical Association and 7,500 of
its member physicians, filed for bankruptcy last Wednesday.
The privately held company, according to the Arizona
Republic, will liquidate gradually, allowing it to cover
existing policies.
CONSOLIDATED STAINLESS: Taps Phoenix Management Services
--------------------------------------------------------
To lead a turnaround of its business operations,
Consolidated Stainless, Inc., asks the U.S. Bankruptcy
Court in Wilmington for permission to employ Phoenix
Management Services, Inc. at a rate of up to $6,250 per
week. Phoenix will assist the Debtor in all operational
issues, including stabilizing profitability and cash flow,
enhancing sales and marketing efforts, and reviewing the
Debtors' strategy for emerging from chapter 11.
CONTEMPORARY INDUSTRIES: 1st Amended Disclosure Statement
---------------------------------------------------------
Contemporary Industries Corporation filed a first Amended
Disclosure Statement for debtor's assented to Chapter 11
Plan. The plan has been assented to by substantially all
of the secured creditors, affiliates and equity holders of
the debtor and reflects agreement to the plan by the
holders of claims in six of the seven classes of claims and
equity interest that are impaired by the plan.
The plan is a liquidation plan and does not contemplate the
financial rehabilitation of the debtor or the continuation
of its business. The plan contemplates that substantially
all of the debtor's assets will be sold and the funds
generated from the liquidation of assets will be paid to
creditors as set forth in the plan.
The debtor entered into an asset purchase agreement dated
April 7, 1998 with Kum & Go LLC for most of the debtor's
operating assets for $16,483,000 plus 65% of the marked
retail price of inventory plus the laid-in-price per gallon
of petroleum products. It is estimated that the total
gross proceeds from the sale will total approximately $20.5
million.
The plan divides claims and interests into classes and sets
forth the treatment afforded to each class. Only Class Six
is not impaired under the plan.
Class One - The Class one claims is the claim of Allied II
with respect to the December Loan. The Claim shall be
allowed in the amount of $750,000 plus interest.
Class Two - Allowed to the extent that funds have been
advanced under the DIP Loan. Bank One is the sole holder
of the Class Two Claim. To be paid in full from the
Secured Creditor Distribution Fund.
Class Three- Allowed in the amount of $20,766,115, plus
interest. Bank One is the sole holder of the Class Three
claim.
Class Four - Allowed in the amount of $960,848 plus
interest. Allied II and the Investor Group are the sole
holders of the Class Four Claim. It shall be paid from the
Secured Creditor Distribution Fund.
Class Five - The Class Five Claim shall be allowed in the
amount of $9,031,451. The Subdebt Holders are the sole
holders of the Class Five Claim. It shall be paid from the
Secured Creditor Distribution Fund.
Class Six - all priority claims.
Class Seven - all unsecured claims - if less than $5,000 or
voluntarily reduced to $5,000 - 20% of the face amount of
the claim will be paid from the funds remaining in the
administrative, priority and unsecured creditor
distribution fund or the holder's pro rata share.
Class Eight - CIH, as the sole holder of a Class Eight
Equity Interest shall retain or and receive a residual
interest in all assets, subject only to consummation of the
plan and payment in full of all allowed claims.
CONTEMPORARY INDUSTRIES: Administrative Claims Bar Date
-------------------------------------------------------
The U.S. Bankruptcy Court for the District of Nebraska has
established August 17, 1998 as the deadline for creditors
holding claims entitled to administrative priority to file
proof of such administrative claim against Contemporary
Industries Corporation.
The Debtor and its Pre-Petition Bank Group estimate that
there will be sufficient cash from the liquidation of the
estate to satisfy secured and administrative claims. Pre-
petition unsecured priority claims will be impaired; all
junior creditors are out of the money.
ERGOBILT, INC.: Delays Filing Annual Report with SEC
----------------------------------------------------
Ergobilt, Inc., has advised the Securities and Exchange
Commission that it will be tardy in filing its Form 10-K
due to "the inability, without unreasonable effort or
expense, to timely complete the audit of its financial
statements and related US GAAP reconciliation.
"As the result of significant change within the Company
during the last year," Ergobilt says, "results of
pperations for the fiscal year ended February 28, 1998 will
not be comparable with those of previous years. Consistent
with previous announcements, however, the Company expects
to report a loss in excess of $2,000,000 for the fiscal
year ended February 28, 1998."
FIRST UNION: REIT Announces Bank Facilities in Default
------------------------------------------------------
First Union Real Estate Investments (NYSE:FUR) reported
that the REIT expects income from operations for the second
quarter to result in a loss of approximately $18.8 million,
or $.60 per share, due to, among other things,
extraordinary expenses recognized in the second quarter of
the year of approximately $17.5 million incurred in
connection with the recent proxy fight and in connection
with the change-in-control that occurred resulting from the
former Trustees' unwillingness to approve the nomination or
election of the nominees proposed by Gotham Partners, L.P.
These expenses include the following approximate amounts:
* $3.2 million for the Trust's proxy expenses and fees.
* $3.4 million in cash severance to former Chairman and
Chief Executive Officer, James C. Mastandrea, on May
18th, and vesting of 128,000 shares of restricted
stock.
* $5.0 million due to lifting of restrictions on
restricted shares, which followed the Trust's change
in control.
* $2.25 million reserve for loss on a contract to
purchase a San Diego parking facility.
* $3.1 million reserve for reimbursement of Gotham
Partners, L.P.'s proxy expenses and legal fees.
Gotham has agreed to postpone without interest its
receipt of its reimbursement until the Trust's
financial condition has improved.
The Trust also announced that it received a notice of
default from National City Bank, the administrative agent
for the lenders under the Trust's $125 million credit
facility, under which the Trust has drawn approximately
$100 million. The lenders under the Trust's $125 million
credit facility have proposed a waiver of the change of
control in exchange for a fee. The Trust is currently in
discussion with these lenders to negotiate an acceptable
waiver.
The Trust further announced that the Imperial Parking
subsidiary of First Union Management, Inc. reported that it
was in technical default of financial covenants under an
approximately $25 million (U.S.) credit facility largely
due to losses at Imperial's VenTek manufacturing
subsidiary. The Imperial Parking lenders have proposed a
six-month waiver of these financial covenants in exchange
for a 0.25% fee. Imperial Parking is currently in
discussion with these lenders regarding an acceptable
waiver.
Bill Ackman, Chairman of First Union, indicated that he was
confident that the Trust would succeed in renegotiating
and/or replacing the Trust's outstanding credit facilities,
stating, "We are currently in discussions with the Trust's
lenders about obtaining a waiver and extension of the
Trust's debt obligations.
FIRST UNION: REIT Announces New Legal Counsel Retained
------------------------------------------------------
First Union Real Estate Investments (NYSE:FUR) announced
that it has discharged Squire, Sanders & Dempsey and
Thompson, Hine & Flory as counsel and retained Hahn, Loeser
& Parks LLP and Fried Frank Harris Shriver & Jacobson LLP.
The new counsel will work with the exiting counsel to
ensure a smooth transition.
HOME HOLDINGS: Third Amendment to Schedules & Statements
--------------------------------------------------------
Home Holdings, Inc., for the third time, has amended its
Schedules of Assets and Liabilities and Statement of
Financial Affairs in June 19 filings with the U.S.
Bankruptcy Court in Delaware. The Schedules reflect:
Total Assets: $2,782,997.35
Priority Claims: $143,564.83
General Unsecured Claims: $648,316,295.99
J.G. FURNITURE: Assets Go to the Auction Block
----------------------------------------------
The assets of J.G. Furniture, Alma Furniture Group and Alma
Real Estate, three sister companies forced into bankruptcy
in April will go on the auction block later this month,
according to a report appearing in the Greensboro News
Record. The proceeds, the Record says, will help pay off
Fleet Capital Corp., owed $6 million. Excess proceeds will
be paid to Burlington Industries of Greensboro, the only
other secured creditor, owed $1 million on a promissory
note.
J.G. Furniture and its affiliates listed assets of $5.95
million and liabilities of $13.1 million in their
bankruptcy papers. The companies produced office furniture
and stadium and auditorium seating.
Items to be auctioned June 24 and 25 include office
equipment, trucks, machinery, inventory, raw materials and
other items of personal property. The auction will be
conducted at the factory site in High Point.
KOENIG SPORTING GOODS: Files Chapter 11 Plan of Liquidation
-----------------------------------------------------------
Koenig Sporting Goods, Inc. filed a Chapter 11 plan of
liquidation and Disclosure Statement. A hearing to consider
approval of the Disclosure Statement is scheduled for July
30, 1998.
Claims and Equity Interests are classified as follows:
Class 1 - Allowed secured claim of KeyBank - $8,0001,134,
unimpaired.
Class 2 - Allowed priority non-tax claims - unimpaired
Class 3 - Allowed unsecured claims - estimated at
approximately $8,415,000.
Class 4 - Allowed personal injury claims
Class 5 - Allowed equity interest of holders of equity
interests - no recovery.
Classes 3 and 4 are impaired.
L.LURIA: Luria's Response to Committee's Objection
--------------------------------------------------
Peter Luria responds to the objection by the Official
Committee of Unsecured Creditors to the claim in the amount
of $9,483,000 that he filed.
Peter Luria, once an officer and director of L.Luria & Son,
Inc., states that the Committee embraces the debtor's
objection. Luria's claim combines a claim for breach of
contract orchestrated by the debtor's principals, with a
claim for indemnity arising from a suit brought by an
entity wholly owned by the debtor's principals. Peter
Luria states that his employment contract was breached and
that the objection is not subject to disallowance as a
contingent claim for reimbursement.
MIDCON OFFSHORE: Disclosure Statement
-------------------------------------
Midcon Offshore, Inc. filed an amended plan that
establishes the means by which the allowed claims of
creditors will be paid.
Estimated Recovery Analysis:
Class 1 - Allowed Administrative Expense estimated at
$1,761,971
Class 2 - Allowed Administrative Claims of
Professionals estimated at $3,932,678
Class 3 - Allowed Priority Non-Tax Claims estimated at
$185,456
Class 4 - Allowed Priority Tax Claims estimated at
$1,111,235
Class 5 - Secured Claim of Louis Dreyfus Natural Gas
Corporation - approximately $12.8 million
Class 6(a) - allowed secured claims of mineral lien
claimants (High Island 568)
Class 6(b) allowed secured claims of mineral lien claimants
(Vermillion 329/338)
Class 6(c) allowed secured claims of mineral lien claimants
(East Cameron 220)
Class 6(d) allowed secured claims of mineral lien claimants
(West Cameron 45)
Class 6(e) allowed secured claims of mineral lien claimants
(Mustang Island 791)
Class 6(f) allowed secured claims of mineral lien claimants
(South Marsh Island)
Class 6(g) Secured Claim of Forcenergy, Inc. - estimated
$1,911,000
Class 6(h) Allowed secured claim of Production Management
Corporation $747,930
Class 7 Allowed Claims of Working Interest Owners -
estimated $1,106,094
Class 8 Allowed general unsecured claims
Class 9 Allowed general unsecured claims estimated $20-$40
million
Class 10 Allowed subordinated claim of Dreyfus
Class 11 Equity Interests in the debtor
On June 16, 1997 Sheila Macdonald was appointed as Chapter
11 Trustee charged with operating and marketing the
debtor's property. On October 24, 1997, the court approved
the sale of the debtor's interest in South Marsh Island
141/144 to Noram Inc. On November 7, 1997 the court
approved the sale of substantially all of the debtor's
remaining oil and gas properties to Basin exploration, Inc.
The trustee is presently holding the proceeds of the sales
of the debtor's properties in interest bearing accounts
after payment of certain obligations approved by order of
the bankruptcy court.
NEXTWAVE PERSONAL: Interim DIP Financing Approved
-------------------------------------------------
NextWave Personal Communications, Inc., won interim
approval to borrow $2 million from Cellexis International
Inc., Federal Filings, Inc. reports, pending a final
hearing on their $25 million debtor-in-possession financing
agreement. Noting that it would otherwise "run out of
funds, on or about June 19," NextWave said the DIP facility
will provide the funds necessary to pursue litigation with
the Federal Communications Commission, FedFiles added.
QUADRAX CORPORATION: Power Stick Files Claim
--------------------------------------------
Power Stick Manufacturing Inc and Advanced Pultrusion
Technologies, Inc. filed a proof of claim in the total
amount of $2.8 million in the bankruptcy case of Quadrax
Corporation. The basis for the claim was a judgment for
punitive damages and defaulted claims for conversion,
patent, trade secret and related unliquidated claims.
RDM SPORTS: Metromedia Blasts $5.5M Cash Collateral Fund
--------------------------------------------------------
Metromedia International Group Inc. blasted the joint
request by RDM Sports Group Inc.'s chapter 11 trustee to
establish a $5.5 million cash collateral fund, charging
that the proposal is "an end-run around the plan
confirmation process." RDM's largest secured creditor
asserted that, "though the motion is styled as a consent
motion, it is anything but. Put simply, it is an agreement
by other parties to use [Metromedia's] Cash Collateral
without its consent." Trustee William Hays, the committees
of unsecured creditors and bondholders, and the Foothill
Capital Corp.-led lenders agreed to create a fund with
about $5.5 million of cash collateral to pursue causes of
action against a host of parties and to pay administrative
costs and the trustee's fees and expenses. Metromedia,
which holds a $15 million secured claim in addition to its
equity interests, argued that the parties "are unable to
categorically reorder the distribution priorities set forth
in the Bankruptcy Code by establishing the funds to pay
certain administrative expenses." The U.S. Bankruptcy
Court in Newnan, Ga., is expected to rule on the matter
June 22. (ABI and Federal Filings, Inc. 22-Jun-1998)
STACEY'S BUFFET: Filing for Chapter 11 Bankruptcy
-------------------------------------------------
Stacey's Buffet Inc., Clearwater, Fla., announced that it
has canceled its annual shareholders meeting which was to
be held this week so that the company' s CEO can appear in
bankruptcy court; the company is filing for chapter 11
protection, The St. Petersburg Times reported. Stacey's,
which once was one of the largest all-you-can-eat buffet
chains in the country with 42 outlets, has closed eight of
its remaining 15 stores. Hurley, Harrison & Co., a
consulting/investment firm that took over daily management
in February, said that unprofitable locations were closed
but that its turnaround has been a "heroic effort." The
company had tried to merge with Star Buffets Inc. to help
alleviate financial problems, but the merger collapsed in
February. (ABI 22-Jun-1998)
SUNBELT NURSERY: Court Approves Employment of Professionals
-----------------------------------------------------------
The Honorable Robert Alberts for the U.S. Bankruptcy Court
for the Central District of California has granted Sunbelt
Nursery Group, Inc., and its four debtor-affiliates
authority to retain, employ and compensate:
(a) Pachulski, Stang, Ziehl & Young, P.C., as its
legal counsel and
(b) Ernst & Young LLP as its financial advisor
in connection with the prosecution of their chapter 11
cases.
TEXFI INDUSTRIES: Unable to Timely File Quarterly Report
--------------------------------------------------------
Texfi Industries, Inc., says that it will delay filing of
its quarterly report with the SEC because the review of the
financial statements to be contained in its Form 10-Q for
the quarterly period ended May 1, 1998 has not yet been
completed by the Registrant and its auditors.
Texfi disclosed that it expects to report net sales of
$34.1 million, a net loss of $2.8 million, compared to net
sales of $54.2 million, net income of $506,000 for the
period ended May 2, 1997.
TIE/COMMUNICATIONS, INC.: Sale Procedures Proposed
--------------------------------------------------
Since its bankruptcy filing in April, TIE/Communications,
Inc., has attempted to market and sell, with the assistance
of Houlihan, Lokey, Howard & Zulkin, substantially all of
its assets. These efforts have culminated in the execution
of a definitive purchase agreement with Convergent
Communication Services, Inc., with Convergent offering (a)
$40 million in cash, (b) assumption of $3 million in debt
and (c) assumption of all executory contracts, thereby
avoiding $20 million in potential rejection damage claims.
To assure that the estate is obtaining the highest and best
offer for its assets, the Debtors propose that Convergent's
bid be subjected to a competitive bidding process. To
protect Convergent's interests, the Debtors propose an
auction entertaining a minimum $4 million overbid,
financial capability acceptable to HLH&Z, bidding
increments of $1 million, and a $1.5 million break-up fee
for Convergent in the event its bid is topped.
VOC ANALYTICAL: Agreed Order Setting Deadline to File Plan
----------------------------------------------------------
By agreed order, the debtor, VOC Analytical Laboratories,
Inc. shall file a proposed plan of reorganization and
disclosure statement therefore on or before June 26, 1998.
VITALE ENTERPRISES: Sale Hearing Set
------------------------------------
The court entered an order approving the procedures motion
of the debtor in conjunction with the sale of certain of
the debtors' assets to North Jersey Properties Inc. I, II,
III, IV and V. The proposed purchase price is $12,250,000.
A hearing on the sale motion shall be held July 9, 1998.
No higher bid for the assets shall be accepted unless a
first bid is at least equal to $12.6 million with
successive bids thereafter to be in increments of $50,000.
Meetings, Conferences and Seminars
----------------------------------
July 2-5, 1998
NORTON INSTITUTES ON BANKRUPTCY LAW
Western Mountains Bankruptcy Law Institute
Jackson Lake Lodge, Jackson Hole, Wyoming
Contact 1-770-535-7722
July 16-19, 1998
AMERICAN BANKRUPTCY INSTITUTE
Northeast Bankruptcy Conference
Sea Crest Resort, Falmouth, Massachusetts
Contact: 1-703-739-0800
July 23-24, 1998
THE PRACTICING LAW INSTITUTE
How to Handle Consumer Bankruptcy Cases:
A Practical Step-by-Step Guide
PLI Conference Center, New York City
Contact: 1-800-260-4PLI
July 23-25, 1998
AMERICAN LAW INSTITUTE-AMERICAN BAR ASSOCIATION
Chapter 11 Business Reorganizations (Advanced Course)
Santa Fe, New Mexico
Contact: 1-800-CLE-NEWS
July 24-27, 1998
NATIONAL ASSOCIATION OF CHAPTER 13 TRUSTEES
33rd Annual Seminar
Portland Marriott, Portland, Oregon
Contact: 1-601-355-6661
July 24-29, 1998
COMMERICAL LAW LEAGUE OF AMERICA
104th Annual Convention
Ritz Carlton, Amelia Island, Florida
Contact: 1-312-781-2000
August 6-9, 1998
AMERICAN BANKRUPTCY INSTITUTE
Southeast Bankruptcy Workshop
Daufuskie Island Club & Resort,
Hilton Head, South Carolina
Contact: 1-703-739-0800
September 9-13, 1998
NATIONAL ASSOCIATION OF BANKRUPTCY TRUSTEES
Annual Convention
Sheraton El Conquistador, Tuscon, Arizona
Contact: 1-803-252-5646
September 17-20, 1998
AMERICAN BANKRUPTCY INSTITUTE
Southwest Bankruptcy Conference
The Inn at Loretta, Santa Fe, New Mexico
Contact: 1-703-739-0800
September 17-20, 1998
COMMERCIAL LAW LEAGUE OF AMERICA
Midwest Mid-Year Meeting
Oak Brook Hills Resort & Hotel
Oak Brook, Illinois
Contact: 1-616-372-6500
September 21-23, 1998
STATES' ASSOCIATION OF BANKRUPTCY ATTORNEYS
7th Annual States' Taxation and Bankruptcy Conference
Hotel Santa Fe, Santa Fe, New Mexico
Contact: 1-505-827-0728
September 25-26, 1998
VIRGINIA CONTINUING LEGAL EDUCATION
13th Annual Mid-Atlantic Institute on
Bankruptcy and Reorganization Practice
Boar's Head Inn, Charlottesville, Virginia
Contact: 1-800-979-8253
October 8-10, 1998
AMERICAN LEGAL INSTITUTE-AMERICAN BAR ASSOCIATION
Real Estate Defaults, Workouts, and Reorganization
Charleston, South Carolina
Contact: 1-800-CLE-NEWS
October 16-20, 1998
TURNAROUND MANAGEMENT ASSOCIATION
1998 Annual Conference
The Westin Hotel, Chicago, Illinois
Contact 1-312-857-7734
October 22-25, 1998
NATIONAL CONFERENCE OF BANKRUPTCY JUDGES
72nd Annual Meeting
Wyndham Anatole Hotel, Dallas, Texas
Contact 1-803-957-6225
November 30-December 1, 1998
RENAISSANCE AMERICAN CONFERENCES & BEARD GROUP, INC.
5th Annual Conference on Distressed Debt
Plaza Hotel, New York, New York
Contact 1-903-592-5169 or ram@ballistic.com
December 3-5, 1998
AMERICAN BANKRUPTCY INSTITUTE
Winter Leadership Conference
Westin La Paloma, Tuscon, Arizona
Contact: 1-703-739-0800
February 18-21, 1998
COMMERICAL LAW LEAGUE OF AMERICA
Annual Western District Meeting
Monte Carlo Hotel & Casino Resort,
Las Vegas, Nevada
Contact 1-702-382-9558
April 26-27, 1999
RENAISSANCE AMERICAN CONFERENCES & BEARD GROUP, INC.
Bankruptcy Sales, Mergers & Acquisitions
The Mark Hopkins, San Francisco, California
Contact 1-903-592-5169 or ram@ballistic.com
The Meetings, Conferences and Seminars column appears
in the TCR each Tuesday. Submissions via e-mail to
conferences@bankrupt.com are encouraged.
*********
The Meetings, Conferences and Seminars column appears
in the TCR each Tuesday. Submissions via e-mail to
conferences@bankrupt.com are encouraged.
Bond pricing, appearing each Friday, is supplied by DLS
Capital Partners, Dallas, Texas.
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.,
Princeton, NJ, and Beard Group, Inc., Washington, DC.
Debra Brennan and Lexy Mueller, Editors.
Copyright 1998. All rights reserved. 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 $575 for six months
delivered via e-mail. Additional e-mail subscriptions
for members of the same firm for the term of the initial
subscription or balance thereof are $25 each. For
subscription information, contact Christopher Beard
at 301/951-6400.
* * * End of Transmission * * *