TCR_Public/980811.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, August 11, 1998, Vol. 2, No. 156
                    
                  Headlines

AL TECH: Seeks OK on Settlement with Allegheny
AHERF: D & O Liability Insurance From $50M to $200M
ALL AMERICAN FOOD: Denies Rumors About Bankruptcy Filing
ANCHOR RESOLUTION: Trustee Seeks Approval of Sale
BUILDERS TRANSPORT: Extension to Assume or Reject Leases

BIG RIVERS: PacifiCorp Files Opening Brief
CROWN BOOKS: Committee Taps Law Firms
CROWN BOOKS: Creditor Panel Named
D&L VENTURE CORP: Bar Date Set for September 30, 1998
DECORATIVE HOME: Seeks $4M Bedding Plant Sale Okay

ERNST HOME CENTERS: Exclusivity Extended To Sept. 30
FASTCOMM COMMUNICATIONS: Committee Taps Professionals
FOXMEYER DRUG: Trustee Sues Bristol-Myers To Recover $50.5M
GENERAL WIRELESS: Court Approves $1M DIP Pact
GRAND UNION: Reports Confirmation of Plan to SEC

KOENIG SPORTING: New Hearing Date on Disclosure Statement
LONG JOHN SILVER'S: Needs Time to Assume or Reject Leases
MANHATTAN BAGEL: New World Seeks Break-Up Fee of $500,000
MERCURY FINANCE: Shareholders Seek To Oust Panel Members
MITA INDUSTRIAL: Japanese Copier Manufacturer Bankrupt

NAMCO CYBERTAINMENT: Notice of Assumption of Leases
ONEITA INDUSTRIES: Needs Time to Assume or Reject Leases
PARAGON TRADE: Clariant Corporation Files Complaint
PEGASUS GOLD: Releases Details of Reorganization Plan
UNISON HEALTHCARE: Announces Second Quarter Results

UNISON HEALTHCARE: Lenders Seek Examiner
VENTURE STORES: Taps Greensfelder, Hemker & Gale PC
VOXEL: Converts to Chapter 7
WELCOME HOME: Disclosure Statement
WELCOME HOME: Hearing on Disclosure Statement

Meetings, Conferences and Seminars

               *********

AL TECH: Seeks OK on Settlement with Allegheny
----------------------------------------------
The debtor, AL Tech Specialty Steel Corporation seeks court
approval of a compromise and settlement of any and all
claims, disputes and liabilities that either the debtor or
Allegheny International, Inc. may have against the other
pursuant to a certain stipulation of settlement.

This settlement has been negotiated after lengthy
discussions and after considering the probability of
success in further litigation the merits of the Claim and
the relative benefits to be gained by settling the Claim
and Litigation.  

The parties have agreed that Allegheny will pay $2.8
million to the AL Tech Environmental Remediation Trust
Fund.  All disbursements from such Trust Fund will be
approved the N.Y. Department of Environmental Conservation
and used exclusively for the payment of environment al
remediation costs at or related to the Steel Plants.

The Allegheny Bankruptcy Court approval was obtained. AL
Tech now seeks approval by the court of the compromise and
settlement of the Claim and Litigation pursuant to the
terms of the Stipulation.


AHERF: D & O Liability Insurance From $50M to $200M
---------------------------------------------------       
This spring, the Allegheny Health Education and Research
Foundation took steps to protect the people at the top,  
by quadrupling directors' and officers' liability insurance
coverage, from $50 million to $200 million.

AHERF spokesman Tom Chakurda called the decision to
increase coverage "prudent business strategy."  So-called
"D&O insurance" is common in the corporate world and is
designed to shield board members and top officers from  
personal liability stemming from lawsuits filed when
businesses go awry.

The Pittsburgh-based health care concern initially
increased its D&O coverage from $50 million to $100 million
in March, when it reorganized its board and cut the number
of voting and non-voting directors from 45 to 25 amid  
signs that its Philadelphia experiment was failing.

The second increase, to $200 million in June, came "quite
frankly, because we realized at the juncture that Chapter
11 was a strategy that might be one we would have to
implement," Chakurda said.


What isn't clear is how much the additional coverage cost
the health care concern.  Chakurda would not reveal the
amount of AHERF's premiums, or how much they increased. The
foundation purchased the insurance from a consortium of
insurers specializing in D&O coverage. (Pittsburgh Post
Gazette - 08/07/98)


ALL AMERICAN FOOD: Denies Rumors About Bankruptcy Filing
--------------------------------------------------------
All American Food Group Founder and CEO Andrew Thorburn
said Friday that the company has shown continued "fiscal
vitality" through the quarter ending July 31, and that the
rumors of an impending bankruptcy filing are unfounded,
according to a newswire report. The South Plainfield,
N.J., company has cut losses by about 60 percent, Thorburn
said, and the current quarter looks even better. He also
said the company is not contemplating a reverse stock
split. (ABI 10-Aug-98)


ANCHOR RESOLUTION: Trustee Seeks Approval of Sale
-------------------------------------------------
Mark Stickel, as Administrative Trustee for The Anchor
Liquidating Trust, is seeking a court order approving a
purchase and sale agreement and escrow instructions between
Anchor Liquidating Trust and Metro Commercial Realty
Corporation subject to higher and better offers,
establishing bidding procedures and approving an expense
reimbursement fee.

The purchase price for the property is $6,472,000.  The
first overbid, if any, shall b in an amount not less than
$75,000 higher on an "all-cash" basis than the purchase
price offered by Metro.  Subsequent bids shall be in
increments of at least $25,000 over the immediately
preceding bid.  The Trustee will pay Metro $37,500 if
another bidder supersedes Metro's offering price.


BUILDERS TRANSPORT: Extension to Assume or Reject Leases
--------------------------------------------------------
Judge James E. Massey entered an order on July 29, 1998 in
the case of debtors, Builders Transport Incorporate,
Builders Transport, Inc., CCG Corp., Inc., Builders
Transport of Texas, Inc., Alstaff, Inc., Applied Logistic
Systems, Inc. and Grand Prairie Land Company, extending the
time to assume or reject their unexpired leases of
nonresidential real property.

The court finds that the leases at issue are among the
primary assets important to the reorganization of the
debtors, and the debtors require additional time to act
intelligently in making the judgment to assume or reject.  
The court finds that it is in the he best interest of the
estates for the debtors to have until September 1, 1998 to
seek to assume or reject said leases.


BIG RIVERS: Pacificorp Files Opening Brief
------------------------------------------
In its opening brief on appeal, Pacificorp Power Marketing,
Inc. and Pacificorp Kentucky Energy Company, appellants,
present three issues.
  1. Did the filing of the PacifiCorp Entities' Notice of
Appeal from the bankruptcy court's order confirming Big
River's plan of reorganization divest the bankruptcy court
of jurisdiction to consider modifications to the plan?

  2. Did the bankruptcy court err in finding that the plan
modifications do not affect or impact in any way, nor will
they require the court to determine any issue raised by the
PacifiCorp Entities in their appeal of the confirmation
order?

  3.Did the Bankruptcy Court err in finding that the
PaciciCorp Entities lacked standing to object to the plan
modifications?
   

CROWN BOOKS: Committee Taps Law Firms
-------------------------------------
The Official Committee of Unsecured Creditors of Crown
Books Corporation, et al, debtors, seeks court approval to
employ and retain Duane, Morris & Heckscher LLP as co-
counsel to the Committee.

In addition, the Committee applies to employ and retain
Hughes Hubbard & Reed LLP as attorneys to the Committee.


CROWN BOOKS: Creditor Panel Named
---------------------------------
The U.S. Trustee appointed an official committee of Crown
Books Corp.'s unsecured creditors: Penguin Putnam Inc.;
Bantam/Doubleday/Dell Publishing; St. Martin's
Press; MacMillan Publishing USA; William Morrow & Co.;
Warminster Towne Center Associates L.P.; and Book Sales
Inc. (The Daily Bankruptcy Review and ABI Copyright (c)
August 7, 1998)


D&L VENTURE CORP: Bar Date Set for September 30, 1998
-----------------------------------------------------
In the case of D& L Venture Corp., et al., debtors, the
court set September 30, 1998 as the bar date for filing a
proof of claim.


DECORATIVE HOME: Seeks $4M Bedding Plant Sale Okay
--------------------------------------------------
Decorative Home Accents Inc. is seeking court
approval to sell subsidiary Home Innovations Inc.'s Glenn
manufacturing plant in Morven, N.C., to Dan River Inc. for
$3.8 million, subject to overbids. Citing a "significant
decline" in the profitability of the decorative bedding
products line of business, Decorative Home said it
determined to exit this line of business and sell the
facility, which was designed solely for the
purpose of producing bedding products. The continued
operation of the facility would result in an operating loss
of about $500,000 for 1998. (Federal Filings Inc. 7-Aug-98)


ERNST HOME CENTERS: Exclusivity Extended To Sept. 30
----------------------------------------------------The
court has extended Ernst Home Centers Inc.'s exclusive
periods for filing a liquidating reorganization plan and
soliciting plan acceptances to Sept. 30 and Nov. 30,
respectively.  At a July 31 hearing, the U.S. Bankruptcy
Court in Seattle also extended through Aug. 31 the deadline
for assuming or rejecting the five remaining leases covered
under an agreement with FADCO LLC. (Federal Filings Inc. 6-
Aug-98)


FASTCOMM COMMUNICATIONS: Committee Taps Professionals
-----------------------------------------------------
On August 11, 1998, a hearing will be held to consider the
application of the Official Committee of Unsecured
Creditors of Fastcomm Communications Corporation to employ
Executive Sounding Board Associates Inc. as the financial
consultant for the Committee.  The retainer agreement calls
for the firm to be paid at its standard hourly rates, plus
all out-of-pocket expenses.

On the same date, the Committee is seeking to employ Miles
& Stockbridge P.C. as Counsel for the Committee.  The
retainer agreement calls for the firm to be paid at its
standard hourly rates, not to exceed $215 per hour, plus
all out-of-pocket expenses. The retainer agreement further
calls for a $50,000 retainer to be paid to the firm from
the debtor.


FOXMEYER DRUG: Trustee Sues Bristol-Myers To Recover $50.5M
-----------------------------------------------------------
FoxMeyer Drug Co.'s Chapter 7 Trustee has filed suit
against Bristol-Myers Squibb Co. to recover about $50.5
million in alleged preferential transfers. Trustee Bart
Brown said the drug maker received payments totaling about
$85 million from FoxMeyer during the 90-day period
preceding its Aug. 27, 1996, Chapter 11 filing. The
defenses set forth in section 547(c) of the Bankruptcy Code
are not applicable to $50.5 million of the transfers,
according to Brown. (Federal Filings Inc. 7-Aug-98)


GENERAL WIRELESS: Court Approves $1M DIP Pact
---------------------------------------------
The court has authorized General Wireless Inc. and its
subsidiaries (collectively, GWI) to obtain up to $1 million
of debtor-in-possession financing from some of GWI's equity
holders. The U.S. Bankruptcy Court in Dallas concluded that
a "need exists for the Debtors to obtain funds with which
to continue their operations, and administer and preserve
the value of the estates. The Debtors' cash is insufficient
to meet these needs." The financing will mature on the
earlier of May 31, 1999, or 60 days after the
reorganization plan's effective date. A confirmation
hearing is set for Aug. 31. The financing may include the
issuance of notes to certain lenders who own about 68
percent of GWI's stock, including Accel Partners, General
Motors Pension Fund, Battery Ventures, and the Los
Angeles County Employee Benefit Retirement Association.
(The Daily Bankruptcy Review and ABI Copyright (c) August
10, 1998)


GRAND UNION: Reports Confirmation of Plan to SEC
------------------------------------------------
In a form 8-K filed with the SEC, The Grand Union
Company announced that the U.S. Bankruptcy Court in Newark,
New Jersey,  has confirmed its voluntary, prepackaged plan
of reorganization.  As a result, the Company anticipates
that it will complete its restructuring and emerge from  
Chapter 11 on or about August 17." Grand Union's
restructuring plan received  overwhelming approval from the
Company's senior noteholders and preferred  stockholders in
a solicitation completed on June 22, 1998.  In connection
with the restructuring, Grand Union has entered into an
agreement with UBS AG, Stamford Branch and Lehman
Commercial Paper Inc., for a $300 million credit  
facility."

The Disclosure Statement is dated May 22, 1998 (including
Plan  of Reorganization attached as Exhibit 1 thereto),
incorporated by reference to the Company's Current Report
on Form 8-K dated May 27, 1998.


KOENIG SPORTING: New Hearing Date on Disclosure Statement
---------------------------------------------------------
Koenig Sporting Goods, Inc. filed its Chapter 11 Plan of
Liquidation and Disclosure Statement with the court.

A hearing to consider approval of the Disclosure Statement
is scheduled for September 10, 1998.  This hearing has been
rescheduled from July 30, 1998.


LONG JOHN SILVER'S: Needs Time to Assume or Reject Leases
---------------------------------------------------------
The debtors, Long John Silver's Restaurants, Inc., et al.,
seek an extension of 120 days, through and including
October 29, 1998 to assume or reject unexpired leases of
nonresidential real property.  As of May 6, 1998, the
debtors operated 477 Shops on premises leased from
unaffiliated third parties. The debtors closed 19 shops
prior to the petition date and another 46 shops subsequent
to the petition date.  Currently the debtors are lessees
under approximately 412 nonresidential real property
leases, which the debtors have not moved to assume or
reject.

The debtors state that these cases are large and complex
and involve a large number of leases.  The debtors'
decisions whether to assume or reject the leases are at a
the very core of their attempt to stabilize and reorganize
their business and formulate a plan of reorganization.  

Aside from the 65 Closed Shops, the debtors must consider
whether there are additional Shops that should be closed
due to their marginal profitability.

The debtors claim that an additional 120 days is needed to
continue to amass and analyze the required information to
determine whether each remaining location should be assumed
or rejected.


MANHATTAN BAGEL: New World Seeks Break-Up Fee of $500,000
---------------------------------------------------------
Manhattan Bagel Company, Inc., and I & J Bagel, Inc.,
debtor seek approval of certain buyer protection provisions
for New World Coffee & Bagels, Inc. ("NWCB"), party to an
Acquisition Agreement with the debtor. NWCB has demanded,
and the debtor has agreed that under certain circumstances
NWCB would receive a $500,000 break up fee and up to
$250,00 in reimbursement of expenses.


MERCURY FINANCE: Shareholders Seek To Oust Panel Members
--------------------------------------------------------A
group of Mercury Finance Co. shareholders, including one
member of the official equity committee, is seeking the
removal of all but one of the other panel members, alleging
that the committee does not adequately represent equity
holders.  "The Equity Committee is not controlled by
existing holders of
Mercury's common stock, but by holders of disputed and
unliquidated securities fraud claims against Mercury, who
presently own no such shares," shareholders Robert Lentz,
Arthur Kaplan, Alan Aron, and George Pontikes charged.
(Federal Filings Inc. 8-Aug-98)


MITA INDUSTRIAL: Japanese Copier Manufacturer Bankrupt
------------------------------------------------------
Japanese copier manufacturer Mita Industrial Co. Ltd.
announced today that it has sought protection from
creditors; the announcement fueled active sales of the
already weak yen and hurt banking shares on the Tokyo
exchange. According to a Nikko Research Center analyst,
unlike the recent corporate bankruptcies involving general
contractors, financial firms and makers of raw
materials, now the bankruptcies involve manufacturers of
processed products. Mita listed liabilities
of more than 2 billion yen (US$1.36 million), citing its
overseas expansion. (ABI 10-Aug-98)


NAMCO CYBERTAINMENT: Notice of Assumption of Leases
---------------------------------------------------
By notice dated July 1, 1998, Namco Cybertainment Inc.
assumes the lease agreements for over 60 properties as
modified by agreement between NCI and the landlord.


ONEITA INDUSTRIES: Needs Time to Assume or Reject Leases
---------------------------------------------------------
The debtor is currently the lessor under four unexpired
leases of nonresidential real estate leases in Charleston,
South Carolina; Lawrenceville, Georgia; Birmingham,
Alabama; and  New York, N.Y.

The debtor states that in all likelihood the debtor will
assume each of the leases, but it would be imprudent to
compel the debtor to seek to assume the leases before it
has determined how to proceed with respect to a plan of
reorganization, because of the serious risks associated
with premature assumption or rejection of the leases.

The debtor requests that the court extend through and
including November 30, 1998 the time within which the
debtor may assume or reject the leases.


PARAGON TRADE: Clariant Corporation Files Complaint
---------------------------------------------------
Clariant Corporation, plaintiff, filed complaint against
the debtor, Paragon trade Brands Inc. Clairant Corporation
is a creditor of the debtor with a total pre-petition claim
of $4,155,598.

The plaintiff is a manufacturer of super absorbent
poylymers, an essential ingredient and material used by
Paragon in the manufacture of its products.

On January 13, 1998 the plaintiff delivered a written
demand for reclamation of all goods received by the debtor.  
As of July 13, 1998 the plaintiff claims that the debtor
remained in possession of the goods with a cost of
$1,306,414.

The plaintiff now seeks a judgment in plaintiff's in the
amount of $1,306,414.


PEGASUS GOLD: Releases Details of Reorganization Plan
-----------------------------------------------------
Pegasus Gold Corp. released details of its reorganization
plan, which will be discussed at a bankruptcy court hearing
in Reno, Nev., on August 25, according to The Spokesman-
Review. Under the plan, creditors would hold the majority
interest in a new venture consisting of the company's three
operating mines and interest in overseas mining properties.
Other assets would be sold to pay claims in the bankruptcy
case. Federal regulators and Indian tribes in Montana are
opposed to the plan however, arguing that the it would not
leave the company with enough money to finish its
environmental clean-up at one of its pit gold mines in
north-central Montana. Pegasus said it will not walk away
from its environmental responsibilities and that it will
complete reclamation work at each of its closed mines and
the court-ordered restoration of the Montana mine. (ABI 10-
Aug-98)


UNISON HEALTHCARE: Announces Second Quarter Results
---------------------------------------------------
Unison HealthCare Corporation today announced results of
operations for the three months and six months ended June
30, 1998, and its audited results of operations for the
year ended December 31, 1997.

Revenues for the three months ended June 30, 1998, were
$48.1 million compared with revenues for the prior year
period of $57.4 million. The decrease in revenues is due
primarily to the disposition of 11 facilities in fiscal
1998, one of which was managed for third parties. Loss
before income taxes for the three months ended June 30,
1998, was $5.0 million compared with a loss before  
income taxes of $4.3 million for the prior year period. Net
loss for the three months ended June 30, 1998, was $5.0
million, or $0.78 per share, compared with a net loss of
$2.9 million, or $0.46 per share, for the prior year
period.

Revenues for the six months ended June 30, 1998, were
$102.8 million compared with revenues for the prior year
period of $113.1 million. Loss before income taxes for the
six months ended June 30, 1998, was $9.8 million compared
with a loss before income taxes of $10.3 million for the
prior year period. Net loss for the six months ended June
30, 1998, was $9.8 million, or $1.53 per share,  
compared with a net loss of $7.0 million, or $1.11 per
share, for the same period in the previous year.

Mr. Michael A. Jeffries, president and chief executive
officer of Unison HealthCare Corporation, said, "We are
pleased with the progress we have made in  our ongoing
efforts to emerge from Chapter 11 bankruptcy and to return
the  Company to profitability. On June 15, 1998, we
announced that we had reached an agreement in principal
with our major creditors on a plan of reorganization.  That
process has proceeded to the point where we expect to
file a  reorganization plan for bankruptcy court approval
within the next week. What we have been most pleased about
throughout the Chapter 11 process is that we have been very
successful in continuing to provide uninterrupted quality
health care  services to our patient population."

During the second quarter, average occupancy at the
Company's owned and leased facilities was 79.9% compared
with 83.6% in the prior year quarter. Occupancy  
levels have been affected by the continuing negative
perception which the Company is experiencing as the result
of its Chapter 11 filing. The Company expects its occupancy
levels to rebound when a viable plan for its capital  
restructuring is in place. The Company's quality mix
percentage of revenues was 45.9% of total revenues compared
with 49.7% of total revenues for the same quarter in the
previous year.

In addition, the Company also announced that Tyrrell L.
Garth, Unison's Chairman of the Board, resigned effective
August 6, 1998, to pursue other interests.

Unison HealthCare Corporation is a provider of long-term
and specialty health care services. The Company provides
nursing care, rehabilitation therapy, pharmacy and other  
specialized services, primarily to subacute patients.

The Company currently operates 39 skilled nursing
facilities and four independent living facilities,
representing 4,190 beds.


UNISON HEALTHCARE: Lenders Seek Examiner
----------------------------------------
Charging that Unison Healthcare Corp. will base its
reorganization plan on a "creeping substantive
consolidation of all (or almost all)" of the estates of
Unison and 32 subsidiaries, two of their lenders are
seeking the appointment of one or more examiner(s) in the
case to protect the interests of the subsidiaries'
creditors. Unison's proposed restructuring "commits to a
roll-up plan" under which creditors of the subsidiaries
are treated as if they only hold claims against the parent
company, according to creditors BritWill Investments Co.
and UNHC Real Estate Holdings Inc. (Federal Filings Inc. 7-
Aug-98)


VENTURE STORES: Taps Greensfelder, Hemker & Gale PC
---------------------------------------------------
The debtor Venture Stores, Inc., seeks authority to retain
and employ Greensfelder, Hemker & Gale, PC as special
counsel to the debtor.

During the pendency of this case, the debtor has used the
services of this law firm primarily with respect to real
estate and ERISA matters.    The debtor seeks authority for
the firm to assist it post-closing matters related to the
debtor's sale of leasehold interests.  Because the firm's
fees may exceed the $25,000 cap on ordinary course
professional fees, the debtor seeks to retain the firm as
special counsel.  The firm will advise the debtor regarding
real estate matters, including issues incident to the
debtor's sale of certain leasehold interests to KRC
Acquisition Corporation, and advice concerning ERISA
matters.


VOXEL: Converts to Chapter 7
----------------------------
Voxel, Laguna Hills, Calif., announced Friday that on
August 3 its chapter 11 case was converted to chapter 7,
according to a newswire report. Thomas H. Casey was
appointed interim chapter 7 trustee.


WELCOME HOME: Disclosure Statement
----------------------------------
Welcome Home has concluded that the recovery to creditors
will be maximized by Welcome Home's continued operation as
a going concern.  Welcome Home will use its own funds, the
proceeds of a certain New Credit Facility and monies to be
paid by Jordan Industries, Inc. to make the cash
distributions required under the plan and to maintain
working capital for postpetition operations.

Welcome Home's Treatment of creditors under the plan is
summarized as follows:

Class 1 - Priority Non-Tax Claims Estimated Allowed Amount:
0. Class 1 claims are Unimpaired.

Class 2 - Miscellaneous Secured Claims: Estimated Allowed
Account: $16,753. Unimpaired.

Class 3 - Jordan Claims. Estimated Allowed Amount:
$2,722,029. Unimpaired.

Class 4 - General Unsecured Claims. Estimated Allowed
Amount: $17,583,982 - 12% of the amount of the allowed
claim shall be paid to each holder.  Impaired.

Class 5 - Old Preferred Stock Interests - No distribution.
Impaired.

Class 6  - Old Common Stock Interests - No distribution.
Impaired.


WELCOME HOME: Hearing on Disclosure Statement
---------------------------------------------
The hearing to consider the approval of the Disclosure
Statement of Welcome Home Inc., a/k/a The Glorious Nest,
Home Again, f/k/a Cape Craftsmen, Inc. will be held on
August 27, 1998.  August 24, 1998 is fixed as the last day
for filing written objections to the disclosure statement.

                  *********

Meetings, Conferences and Seminars
----------------------------------

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

August 25-27, 1998
   NEW YORK UNIVERSITY SCHOOL OF LAW
      NYU Workshop opn Bankruptcy and
      Business Reorganizations XXIV
         NYU School of Law, New York, New York
            Contact: 1-212-998-6415

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 9-10, 1998
   RENAISSANCE AMERICAN CONFERENCES & BEARD GROUP, INC.
      Conference on Corporate Restructurings: Asia
      Indonesia * Thailand * South Korea
         The Radisson Empire Hotel, New York, New York
            Contact: 1-903-592-5169 or ram@ballistic.com   

November 30-December 1, 1998
   RENAISSANCE AMERICAN CONFERENCES & BEARD GROUP, INC.
      Distressed Investing '98
         The 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, 1999
   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.             

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.  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 $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  * * *