TCREUR_Public/070828.mbx         T R O U B L E D   C O M P A N Y   R E P O R T E R

                           E U R O P E

             Monday, August 27, 2007, Vol. 8, No. 169

                            Headlines


A U S T R I A

AUTOITALIA SALZBURG: Salzburg Court Orders Business Shutdown
BERYLL EYEWEAR: Claims Registration Period Ends Sept. 7
DATENFARBE ROT: Claims Registration Period Ends Sept. 3
ELEKTRO ABLASSER: Claims Registration Period Ends Sept. 3
HOUSSINE TAIEB: Claims Registration Period Ends Sept. 4

SCALA SOFTWARE: Administrator Declares Insufficient Assets
TINNITRONICS LLC: Vienna Court Orders Business Shutdown


B E L G I U M

ADVANCED MICRO: Henri Richard to Resign by September 2007


C Z E C H   R E P U B L I C

TIMKEN CO: Closes Repair Service Deal with Weir Canada


F R A N C E

ACXIOM CORP: Inks with Goodmail to Provide CertifiedEmail Access
ALCATEL-LUCENT: Messrs. D'Amelio and Quigley Resigns
DELPHI CORP: Lead Plaintiffs Accede to Class Action Settlement
PRIDE INT'L: Buys 9% Remainder of Angolan Joint Venture Stake


G E R M A N Y

ANJA KRUMBHOLZ: Creditors Must File Claims by August 31
ARTIMENTO GMBH: Claims Registration Period Ends Sept. 24
BAUUNTERNEHMEN KUVEN: Claims Registration Ends September 21
BRAUER GMBH: Claims Registration Ends September 21
C & M COMPUTER: Claims Registration Ends September 21

CIY TAXI: Creditors Must File Claims by September 28
EVACTION GMBH: Claims Registration Period Ends Sept. 17
FUCHS EINRICHTUNGEN: Creditors Must File Claims by September 3
GENERAL MOTORS: Trimming Production in SUV & Pickup Truck Plants
GLF GARTEN: Claims Registration Ends September 21

GOODYEAR TIRE: Plans Growth Investments & Debt Repayment
H. SCHUETZ: Claims Registration Period Ends Sept. 17
HARTL BAU: Claims Registration Period Ends Sept. 11
KAI MINDERMANN: Claims Registration Period Ends Sept. 14
LISSY GMBH: Claims Registration Period Ends Sept. 25

MAG-TRANSPORT: Claims Registration Period Ends Sept. 18
METROMEDIA INT'L: CaucusCom Completes Common Stock Tender Offer
MORE MEDIA: Claims Registration Period Ends Sept. 14
OBJEKTVERWALTUNG BETEILIGUNGS: Creditors' Claims Due September 4
PROSIEBENSAT.1 MEDIA: Forms New Unit and Shuffles Personnel

PS FASHION: Claims Registration Ends September 20
ROCABLANCA HANDELSGESELLSCHAFT: Claims Filing Ends Sept. 25
RS VERTRIEBS: Claims Registration Period Ends Sept. 18
SCHULDNERIN GRAFF: Creditors Must File Claims by September 3

* Fitch Sees No Systemic Crisis for German Banks


H U N G A R Y

AES CORP: Dominican Subsidiary Restarts Operations
AES CORP: El Salvador Regulator Completes Probe on Firm's Unit


I R E L A N D

ARAMARK CORP: Moody's Assigns SGL-2 Liquidity Rating


K A Z A K H S T A N

AKTAU-KURYLYS SERVICE: Claim Deadline Slated for Sept. 26
AKTOBE TRANSSTROY: Creditors Must File Claims Sept. 25
ARNA LLP: Claims Filing Period Ends Sept. 25
AVIA-TOUR AGENCY: Creditors' Claims Due on Sept. 25
ERP-UJNAYA LLP: Claims Registration Ends Sept. 19

FORNIK LLP: Proof of Claim Deadline Slated for Sept. 25
JARYK SAUDA: Creditors Must File Claims Sept. 19
SERVER LLP: Claims Filing Period Ends Sept. 19
STROYTECHNOELEMENT LLP: Creditors' Claims Due on Sept. 19
TAIYNSHA NAN: Claims Registration Ends Sept. 19


K Y R G Y Z S T A N

GELD LLC: Proof of Claim Deadline Slated for September 21


N E T H E R L A N D S

EURO GALAXY: Moody's Rates EUR13.5 Mln Class E Notes at Ba3
FOOT LOCKER: Incurs US$18 Million Net Loss in Qtr. Ended Aug. 4
KONINKLIJKE AHOLD: Completes Reverse Stock Split
STREET CLO VI: Fitch Rates EUR13.2 Million Class E Notes at BB


R U S S I A

AREAL CJSC: Creditors Must File Claims by Sept. 4
ARSLAMBAEVSKIY CJSC: Creditors Must File Claims by Sept. 4
BASHKIR-AGRO-PROM-DOR-STROY: Claims Filing Period Ends Sept. 4
DINA LLC: Creditors Must File Claims by Sept. 4
FASHION OJSC: Kirov Bankruptcy Hearing Slated for Oct. 24

GAZPROM NEFT: Wants to Buy Yugraneft Out of Sibneft-Yugra
NOVOSELKOVSKIY DIARY: Creditors Must File Claims by Oct. 4
PESTRITSY-REM-SERVICE: Names A. Volkov as Insolvency Manager
PROM-SNAB M: Court Names P. Kulikov as Insolvency Manager
ROSNEFT OIL: Earns RUR38.3 Billion for First Half 2007

SAN-LES LLC: Perm Bankruptcy Hearing Slated for Oct. 24
SERVICE-KHOLOD OJSC: Bankruptcy Hearing Slated for Dec. 11
SIRIUS: Creditors Must File Claims by Sept. 4
STELS CJSC: Creditors Must File Claims by Sept. 4

TAIS CJSC: Court Names S. Dzhembulatov as Insolvency Manager
URAL-BREAD-AGRO: Names S. Dzhembulatov as Insolvency Manager
VLADIVOSTOKSKIY FISH: Asset Filing Deadline Slated for Aug. 31

* Fitch Gives BB- Rating with Stable Outlook to Murmansk Region


S W I T Z E R L A N D

ANALYSER SYSTEMS: Creditors' Liquidation Claims Due September 3
ELEKTRO NAGELE: Thurgau Court Starts Bankruptcy Proceedings
JORDIN JSC: Creditors' Liquidation Claims Due September 5
PARTNERS-IMMO-FINANCES: Zug Court Starts Bankruptcy Proceedings
TRAILER JSC: Creditors' Liquidation Claims Due September 3


U K R A I N E

BERDICHEV-KHOLOD CJSC: Proofs of Claim Deadline Set August 28
DOBRA LLC: Proofs of Claim Deadline Set August 28
IMPEX-TK LTD: Creditors Must File Claims by August 28
KARA-GOL LLC: Proofs of Claim Deadline Set August 28
MINE BORING: Creditors Must File Claims by August 28

MOTO-DOR LLC: Creditors Must File Claims by August 28
ORMIS LLC: Creditors Must File Claims by August 28
UDICH-SUGAR LLC: Proofs of Claim Deadline Set August 28
VIDRODZHENNIA LLC: Creditors Must File Claims by August 28
ZLAGODA OJSCAL: Creditors Must File Claims by August 28


U N I T E D   K I N G D O M

ACCORD INTERNATIONAL: Claims Filing Period Ends September 27
AEFOS LTD: C. B. Barrett Leads Liquidation Procedure
AEOLUS CDO: S&P Rates GBP8 Million Class E Notes at BB-
BAA LTD: Two Media Relations Chiefs Quit Over Media Clampdown
BRITISH AIRWAYS: U.S. Court Upholds US$300 Mln Price Fixing Fine

CABLE & WIRELESS: Unit Says Networks Unaffected by Hurricane
CAIRN EURO: Fitch Assigns BB- Ratings to Class C Notes
CODEX INTEGRATION: Claims Filing Period Ends October 10
COUNTRY ARTISTS: Lloyds TSB Appoints KPMG as Receivers
DOMAIN CHOICES: Names Nigel Hamilton-Smith Liquidator

DURA AUTOMOTIVE: Files Reorganization Plan in Delaware
HUMBERSIDE PRESSURE: Claims Filing Period Ends September 13
INTER-ALLIANCE LTD: Taps Liquidators from PricewaterhouseCoopers
SALTBURN PUB: Appoints Michael C. Kienlen as Liquidator
SPORTS ON THE INTERNET: Brings In Liquidator from Vantis

W FISHER & SONS: Appoints Begbies Traynor as Administrators
WORLDANSWER LTD: Taps Nigel Hamilton-Smith to Liquidate Assets

* BOND PRICING: For the Week Aug. 20 to Aug. 24, 2007

                            *********

=============
A U S T R I A
=============


AUTOITALIA SALZBURG: Salzburg Court Orders Business Shutdown
------------------------------------------------------------
The Land Court of Salzburg entered July 23 an order shutting
down the business of LLC AutoItalia Salzburg (FN 51155d).

Court-appointed estate administrator Ernst Kohlbacher
recommended the business shutdown after determining that the
continuing operations would reduce the value of the estate.

The estate administrator can be reached at:

         Dr. Ernst Kohlbacher
         Schwarzstrasse 27
         5020 Salzburg
         Austria
         Tel: 0662/883171
         Fax: 0662/883161
         E-mail: ra.kohlbacher@aon.at  

Headquartered in Salzburg, Austria, the Debtor declared
bankruptcy on July 10 (Bankr. Case No 23 S 50/07h).


BERYLL EYEWEAR: Claims Registration Period Ends Sept. 7
-------------------------------------------------------
Creditors owed money by LLC BERYLL eyewear (FN 170183w) have
until Sept. 7 to file written proofs of claim to court-appointed
estate administrator Bernhard Eder at:

         Dr. Bernhard Eder
         Brucknerstrasse 4
         1040 Vienna
         Austria
         Tel: 505 78 61
         Fax: 505 78 61 9
         E-mail: eder@rechtsanwaelte.co.at

Creditors and other interested parties are encouraged to attend
the creditors' meeting at 9:45 a.m. on Sept. 21 for the
examination of claims.

The meeting of creditors will be held at:

         The Trade Court of Vienna
         Room 1607
         Vienna
         Austria

Headquartered in Vienna, Austria, the Debtor declared bankruptcy
on July 26 (Bankr. Case No. 28 S 86/07m).  


DATENFARBE ROT: Claims Registration Period Ends Sept. 3
-------------------------------------------------------
Creditors owed money by LLC datenfarbe rot
Informationstechnologie & Marketing (FN 200196g) have until
Sept. 3 to file written proofs of claim to court-appointed
estate administrator Hans Peter Puchleitner at:

         Mag. Hans Peter Puchleitner
         Kalchberggasse 10/I
         8010 Graz
         Austria
         Tel: 03155/5170
         Fax: 03155/5170-20
         E-mail: kanzlei-puchleitner@inode.at  

Creditors and other interested parties are encouraged to attend
the creditors' meeting at 9:00 a.m. on Sept. 18 for the
examination of claims.

The meeting of creditors will be held at:

         The Land Court of Graz
         Hall K
         Room 205
         Second Floor
         Graz
         Austria

Headquartered in Fehring, Austria, the Debtor declared
bankruptcy on July 19 (Bankr. Case No. 40 S 17/07h).  


ELEKTRO ABLASSER: Claims Registration Period Ends Sept. 3
---------------------------------------------------------
Creditors owed money by LLC Elektro Ablasser (FN 57857i) have
until Sept. 3 to file written proofs of claim to court-appointed
estate administrator Georg Muhri at:

         Georg Muhri
         LLC CGO Masseverwaltung
         Neutorgasse 47/I
         8010 Graz
         Austria
         Tel: 0316/820620-0
         Fax: 0316/820620-4
         E-mail: office@cgo-masseverwaltung.at   

Creditors and other interested parties are encouraged to attend
the creditors' meeting at 9:15 a.m. on Sept. 18 for the
examination of claims.

The meeting of creditors will be held at:

         The Land Court of Graz
         Hall K
         Room 205
         Second Floor
         Graz
         Austria

Headquartered in Hausmannstatten, Austria, the Debtor declared
bankruptcy on July 24 (Bankr. Case No. 40 S 18/07f).  


HOUSSINE TAIEB: Claims Registration Period Ends Sept. 4
-------------------------------------------------------
Creditors owed money by KEG Houssine Taieb (FN 172862i) have
until Sept. 4 to file written proofs of claim to court-appointed
estate administrator Georg Kahlig at:

         Dr. Georg Kahlig
         c/o Mag. Gerhard Stauder
         Siebensterngasse 42/3
         1070 Vienna
         Austria
         Tel: 523 47 91-0
         Fax: 523 47 91 33
         E-mail: kahlig.partner@aon.at  

Creditors and other interested parties are encouraged to attend
the creditors' meeting at 10:10 a.m. on Sept. 18 for the
examination of claims.

The meeting of creditors will be held at:

         The Trade Court of Vienna
         Room 1607
         Vienna
         Austria

Headquartered in Vienna, Austria, the Debtor declared bankruptcy
on July 20 (Bankr. Case No. 28 S 85/07i).  Gerhard Stauder
represents Dr. Kahlig in the bankruptcy proceedings.


SCALA SOFTWARE: Administrator Declares Insufficient Assets
----------------------------------------------------------
Dr. Andrea Simma, the court-appointed estate administrator for
LLC Scala Software (FN 75264h), declared July 26 that the
Debtor's property is insufficient to cover creditors' claim.

The Trade Court of Vienna is yet to rule on the estate
administrator's claim.

Headquartered in Vienna, Austria, the Debtor declared bankruptcy
on July 10 (Bankr. Case No. 6 S 85/07b).  Guenther Hoedl
represents Dr. Simma in the bankruptcy proceedings.

The estate administrator can be reached at:

         Dr. Andrea Simma
         c/o Dr. Guenther Hoedl
         Schulerstrasse 18
         1010 Vienna
         Austria
         Tel: 513 67 03
         Fax: 513 67 03 33
         E-mail: RA_Simma@aon.at  
                 Hoedl@anwaltsteam.at


TINNITRONICS LLC: Vienna Court Orders Business Shutdown
-------------------------------------------------------
The Trade Court of Vienna entered July 26 an order shutting down
the business of LLC Tinnitronics (FN 172827h).

Court-appointed estate administrator Stephan Riel recommended
the business shutdown after determining that the continuing
operations would reduce the value of the estate.

The estate administrator can be reached at:

         Dr. Stephan Riel
         Landstrasser Hauptstrasse 1/2
         1030 Vienna
         Austria
         Tel: 713 44 33
         Fax: 713 10 33
         E-mail: kanzlei@jsr.at  

Headquartered in Vienna, Austria, the Debtor declared bankruptcy
on July 17 (Bankr. Case No 28 S 84/07t).


=============
B E L G I U M
=============


ADVANCED MICRO: Henri Richard to Resign by September 2007
---------------------------------------------------------
Advanced Micro Devices Inc. disclosed Wednesday that Chief Sales
and Marketing Officer Henri Richard is leaving the company in
September 2007.  Mr. Richard departs AMD of his own accord and
on completely amicable terms.

"Henri's primary goal at AMD has been to construct a world-class
global sales and marketing organization focused on enduring
relationships with major PC and server OEMs around the world. He
delivered on that goal," said AMD Chairman and CEO Hector Ruiz.  
"AMD is fully focused on leveraging the momentum we established
during the last five years to achieve even greater levels of
success ahead."

The AMD global sales and marketing organization will now report
into the office of the CEO.

"After 20 years in the PC industry - and five of the most
professionally rewarding years here at AMD - I have decided to
make a move to a different business segment," Mr. Richard said.  
"I am leaving AMD at a time when the company is in position to
break the monopoly that plagues this industry.  I am immensely
proud of my contribution to AMD, and in particular, of the
strong team I leave behind."

                           About AMD

Advanced Micro Devices Inc. -- http://www.amd.com/-- (NYSE:  
AMD) designs and manufactures microprocessors and other
semiconductor products.  The company has a facility in
Singapore.  It has sales offices in Belgium, France, Germany,
the United Kingdom, Mexico and Brazil.


                         *     *     *

As reported in the Troubled Company Reporter on Aug. 14, 2007,
Standard & Poor's Ratings Services affirmed its B/Negative/--
corporate credit rating on Sunnyvale, California-based Advanced
Micro Devices Inc.  At the same time, S&P assigned its 'B'
rating to the company's US$1.5 billion 5.75% senior convertible
notes due 2012, and raised the rating on the company's existing
senior unsecured debt to 'B' from 'B-', because the company no
longer has secured debt in its capital structure.

As reported in the Troubled Company Reporter on Aug. 13, 2007,
Fitch Ratings has assigned a 'CCC+/RR6' rating to Advanced Micro
Devices Inc.'s private placement of US$1.5 billion 5.75%
convertible senior notes due 2012.  The 'CCC+/RR6' rating also
applies to up to US$225 million of additional notes issued
within the next 30 days to cover over-allotments.  The 'BB-/RR2'
rating on AMD's US$1.69 billion Term Loan B due 2010 is affirmed
and withdrawn, as the company will use net proceeds from debt
issuance, as well as available cash, to fully repay the term
loan.

Fitch also affirmed the company's Issuer Default Rating at 'B';
and Senior unsecured debt at 'CCC+/RR6'.

As reported in the Troubled Company Reporter on July 26, 2007,
Standard & Poor's Ratings Services affirmed its 'B/Negative/--'
corporate credit rating on Sunnyvale, California-based Advanced
Micro Devices Inc.  At the same time, Standard & Poor's lowered
the rating on the company's 7.75% senior notes due 2012 to 'B-'
from 'BB-', which is now rated the same as the company's other
senior unsecured notes, reflecting release of the collateral
securing the issue.


===========================
C Z E C H   R E P U B L I C
===========================


TIMKEN CO: Closes Repair Service Deal with Weir Canada
------------------------------------------------------
The Timken Company has completed an agreement with Weir Canada,
Inc. to be the authorized provider of Timken repair services for
chock bearing maintenance and chock repair for metal
manufacturing customers in Canada.  The addition of Weir's
service capabilities improves Timken's delivery of repair
services for chocks, which are bearing housings, to Canadian
metal manufacturers.

Timken will provide training in specialized mill repair
services, technical assistance and other necessary support to
Weir.  Based in Ontario, Weir is a leading provider of equipment
maintenance, process support and asset management in
conventional power generation and renewable energy, oil and gas,
water, marine and general industry.

"The metal manufacturers that Timken serves in Canada will
benefit from Weir's close proximity and high-quality service,"
said Roger L. Oberweiser, business development manager for
Timken industrial services.  "This relationship strengthens the
service level and expands Timken's ability to create value for
customers in this important industry."

Long known for its expertise in engineering and manufacturing
bearings, Timken also offers a full range of maintenance and
repair services for heavy industrial manufacturers around the
world.  The agreement with Weir covers only metal manufacturers
and does not extend to other Timken customers in Canada.

"Weir and Timken are similarly dedicated to supplying solutions
to industrial customers, and we both share a reputation for
helping our customers improve performance," said Charles
Laarhuis, regional service director for Weir Canada.  "Timken is
the kind of company that meets our criteria for the service
relationships that we value."

                       About Weir Canada

Established in 1897, Weir Canada, Inc. supplies Canadian
industry with a wide range of industrial products and services.
A Weir Group PLC company, Weir Canada markets leading industrial
products from Weir and a range of select U.S. and United Kingdom
manufacturers. The Weir Group PLC employs around 8,000 people
worldwide across five divisions.

                       About Timken Co.

Headquartered in Canton, Ohio, The Timken Company (NYSE: TKR) --
http://www.timken.com/-- is a manufacturer of highly engineered
bearings and alloy steels.  It also provides related components
and services such as bearing refurbishment for the aerospace,
medical, industrial and railroad industries.  The company has
operations in Argentina, Australia, Belgium, Brazil, Canada,
China, Czech Republic, England, France, Germany, Hungary, India,
Italy, Japan, Korea, Mexico, Netherlands, Poland, Romania,
Russia, Singapore, South America, Spain, Taiwan, Turkey, United
States, and Venezuela and employs 27,000 employees.

                       *     *     *

As reported in the Troubled Company Reporter-Latin America on
Aug. 15, 2007, Moody's Investors Service affirmed Timken's Ba1
corporate family rating and the Ba1 rating on Timken's US$300
million Medium Term Notes, Series A.


===========
F R A N C E
===========


ACXIOM CORP: Inks with Goodmail to Provide CertifiedEmail Access
----------------------------------------------------------------
Acxiom(R) Corporation entered into a partnership between Acxiom
Digital, a leading provider of integrated digital marketing
solutions for Global 2000 enterprises, and Goodmail Systems,
Inc., the creator of CertifiedEmail, which will provide
qualifying Acxiom Digital clients with immediate access to
CertifiedEmail.

Under terms of the partnership, Acxiom Digital will become a
CertifiedEmail Premier Provider.  Those Acxiom Digital clients
that meet Goodmail's rigorous accreditation standards will be
able to leverage CertifiedEmail's authentication technologies to
enhance the reach and effectiveness of their email marketing
campaigns.

CertifiedEmail is a class of trusted email available to senders
with the best email practices and the lowest complaint rates.
Currently supported by seven of the nation's top ten mailbox
providers, CertifiedEmail improves email effectiveness by
delivering messages specially marked with a unique blue ribbon
envelope icon and assures that all email messages are delivered
directly to consumers' inboxes rather than being inadvertently
routed to junk folders.  Additionally, CertifiedEmail ensures
that images and links are displayed properly and in full within
email messages, allowing consumers to view graphic-rich email
content -- rather than it being blocked and restricted.  The
blue ribbon icon that appears on CertifiedEmail messages
provides consumers validation that a message is coming from a
trusted and legitimate source.

"Our joint offering with Goodmail is further validation of
Acxiom Digital's ongoing commitment to providing best-in-class
integrated digital marketing technology and services to our
clients," said Kevin Johnson, leader of Acxiom Digital.  "In an
effort to protect their customers from spam, many mailbox
providers have disabled email images and links by default. As a
result, the functionality and value of legitimate email messages
has been reduced. By offering Goodmail Certified Email, we will
help clients restore full email functionality and increase its
value to recipients and marketers."

"Acxiom Digital provides industry-leading solutions to some of
the world's largest and best known companies," said Daniel
Dreymann, co-CEO of Goodmail.  "CertifiedEmail assures customer
communications are received as designed, marked as authentic and
desired."

                    About Goodmail Systems

Goodmail Systems -- http://www.goodmailsystems.com/-- makes
CertifiedEmail(TM), the industry standard class of trusted
email.  CertifiedEmail provides a safe and reliable means for
consumers to easily identify authentic messages from legitimate
commercial and nonprofit senders.  Each CertifiedEmail is sent
with a cryptographically secure token that assures authenticity,
and is marked in the inbox with a unique blue ribbon envelope
icon, enabling consumers to visually distinguish messages which
are real and sent from senders with whom they have a pre-
existing relationship.  Available to senders meeting strict
standards for best email practices and low complaint rates, it
is the only class of email available that assures delivery of
all opt-in email messages to the inbox, with links and images
automatically rendered intact, yielding measurable improvements
in email program effectiveness.  CertifiedEmail has been adopted
by seven of the nation's top ten mailbox providers and 150
government agencies.  It is supported in North America and the
United Kingdom by a wide network of email platforms and service
providers.

                       About Acxiom

Founded in 1969, Acxiom has locations throughout the United
States, in Europe particularly in France and Germany, and in
Australia and China in the Asia-Pacific region.  Acxiom has a
team of specialists with sales and business development
associates based in the largest Latin American markets: Brazil,
Argentina and Mexico.

                       *     *     *

Standard & Poor's Ratings Services assigned its loan and
recovery ratings to Little Rock, Arkansas-based Acxiom Corp.'s
proposed US$800 million secured first-lien financing.  The
first-lien facilities consist of a US$200 million revolving
credit facility and a US$600 million term loan.  They are rated
'BB' with a recovery rating of '2'.

Moody's Investors Service assigned a Ba2 rating to Acxiom
Corporation's US$800 million senior secured credit facilities,
while affirming its corporate family rating of Ba2.  Moody's
said the outlook is stable.


ALCATEL-LUCENT: Messrs. D'Amelio and Quigley Resigns
----------------------------------------------------
Alcatel-Lucent has announced changes to its senior leadership
team.

Frank D'Amelio, Chief Administrative Officer of Alcatel-Lucent
is leaving the company to accept the position of Chief Financial
Officer at Pfizer and Mike Quigley, President, Science,
Technology and Strategy of Alcatel-Lucent, has decided to leave
the company and return to Australia.

"During the past year, both Mike and Frank have contributed
significantly to the planning for and the launch of Alcatel-
Lucent.  With their help, we achieved a number of important
milestones in a very short time.  We wish them much success as
they embark on new chapters in their lives," said Pat Russo,
Alcatel-Lucent Chief Executive Officer.

"When we announced the merger of Alcatel-Lucent we acknowledged
the breadth and depth of the senior management team and we
anticipated that there would be an evolution in leadership
responsibilities, which is natural.  We are well served with a
strong bench of top executive talent that we can draw upon as
well as an extensive set of resources that we believe are
unrivalled in the industry," said Mr. Russo.

With Mr. Quigley's departure, Etienne Fouques, currently head of
the Carrier Business Segment will assume the leadership for the
Science, Technology and Strategy functions that previously
reported to Mr. Quigley.  In addition he will also oversee the
Services Business Group, which will continue to be led by John
Meyer.

Michel Rahier, head of the Wireline Business Group will assume
the overall leadership of the Carrier Business Segment, which
includes Wireline, Wireless, and Convergence businesses.  The
individuals who previously reported to Etienne as head of the
Carrier Business Segment will now report to Mr. Rahier.
Further, the company will strengthen the interface between the
product businesses and the supply chain by reporting the Global
Supply Chain to Mr. Rahier as well.

With Mr. D'Amelio's departure the organizations that previously
reported to him will now report to other members of the senior
leadership team.  In addition to his role as Chief
Administrative Officer, Mr. D'Amelio also oversaw the
Integration Program Office, along with Christian Reinaudo.
Mr. Reinaudo will continue in his role, and together with Janet
Davidson will co-lead these efforts. The discipline for
monitoring and managing our integration activities are in place
and operational and our integration plans, as the company have
said, are progressing.

Headquartered in Paris, France, Alcatel-Lucent --
http://www.alcatel-lucent.com/-- provides solutions that enable
service providers, enterprises and governments worldwide to
deliver voice, data and video communication services to end
users.  Alcatel-Lucent maintains operations in 130 countries,
including, Austria, Germany, Hungary, Italy, Netherlands,
Ireland, Canada, United States, Costa Rica, Dominican Republic,
El Salvador, Guatemala, Peru, Venezuela, Indonesia, Australia,
Brunei and Cambodia.  On Nov. 30, 2006, Alcatel and Lucent
Technologies Inc. completed their merger transaction, and began
operations as a communication solutions provider under the name
Alcatel-Lucent on Dec. 1, 2006.

                       *     *     *

As reported on April 13, 2007, Fitch Ratings affirmed Alcatel-
Lucent's ratings at Issuer Default 'BB' with a Stable Outlook,
senior unsecured 'BB' and Short-term 'F2' and simultaneously
withdrawn them.

As of Feb. 7, 2007, Moody's Investor Services put a Ba2 rating
on Alcatel's Corporate Family and Senior Debt rating.  Lucent
carries Moody's B1 Senior Debt rating and B2 Subordinated debt &
trust preferred rating.

Alcatel-Lucent's Long-Term Corporate Credit rating and Senior
Unsecured Debt carry Standard & Poor's Ratings Services' BB
rating.  Its Short-Term Corporate Credit rating stands at B.


DELPHI CORP: Lead Plaintiffs Accede to Class Action Settlement
--------------------------------------------------------------
Lead Plaintiffs Teachers' Retirement System of Oklahoma, Public
Employees' Retirement System of Mississippi, Raiffeisen
Kapitalanlage-Gesellschaft m.b.H. and Stichting Pensioenfonds
ABP, have agreed to a settlement of a securities class action
litigation brought against Delphi Corporation, certain of its
current or former officers and directors and certain investment
banking firms, as referenced in the District Court's Aug. 17,
2007, Order.

The settlement includes a comprehensive settlement with Delphi's
insurers.
    
The Action has been litigated on behalf of a proposed Class of
investors who purchased or acquired publicly traded shares,
bonds, or notes of Delphi and securities issued by Delphi Trust
I and Delphi Trust II between March 7, 2000, and March 3, 2005,
inclusive.  

The Settlement, upon approval by both the District Court and the
Bankruptcy Court, would end the securities litigation with
respect to the company and all Individual Defendants named in
the action.

The settlement shall also resolve claims against the investment
banking firms named as defendants in the action, which pursuant
to Delphi's reorganization plan, will be released having also
contributed to the settlement consideration to be paid to the
Class.

The Action would continue with respect to Deloitte & Touche,
LLP, Delphi's outside auditor during the Class Period, as well
as Defendants JPMorgan Chase & Co, SETECH Inc. and BBK, Ltd,
three independent companies alleged to have participated with
Delphi in transactions designed to mask Delphi's financial
problems during the Class Period.  None of these parties will be
released from liability for these claims in connection with the
Settlement.
    
The case caption is: In re: Delphi Corporation Securities,
Derivative and "Erisa" Litigation, E.D. Mich., Master Case No.
05-MD-1725.
    
The terms of the settlement are confidential.  

Investors wishing to discuss other aspects of this class action
settlement or having any questions concerning their rights or
interests with respect to this matter, please contact any of the
four co-lead counsel in the Action:

     a) Bernstein Litowitz Berger & Grossmann LLP
        John P. Coffey at 212-554-1400;

     b) Grant & Eisenhofer P.A.
        Stuart Grant at 302-622-7000;

     c) Nix, Patterson & Roach L.L.P.
        Brad Beckworth at 903-645-7333; and

     d) Schiffrin Barroway Topaz & Kessler LLP
        Sean Handler at 1-888-299-7706.

Headquartered in Troy, Michigan, Delphi Corporation (OTC: DPHIQ)
-- http://www.delphi.com/-- is the single supplier of vehicle     
electronics, transportation components, integrated systems and
modules, and other electronic technology.  The company's
technology and products are present in more than 75 million
vehicles on the road worldwide.  Delphi has regional
headquarters in Japan, Brazil and France.

The company filed for chapter 11 protection on Oct. 8, 2005
(Bankr. S.D.N.Y. Lead Case No. 05-44481).  John Wm. Butler Jr.,
Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden,
Arps, Slate, Meagher & Flom LLP, represent the Debtors in their
restructuring efforts.  Robert J. Rosenberg, Esq., Mitchell A.
Seider, Esq., and Mark A. Broude, Esq., at Latham & Watkins LLP,
represents the Official Committee of Unsecured Creditors.  As of
Mar. 31, 2007, the Debtors' balance sheet showed
US$11,446,000,000 in total assets and US$23,851,000,000 in total
debts.  The Debtors' exclusive plan-filing period expires on
Dec. 31, 2007.  


PRIDE INT'L: Buys 9% Remainder of Angolan Joint Venture Stake
-------------------------------------------------------------
Pride International Inc. said Wednesday that it acquired the
remaining 9% interest in its Angolan joint venture company from
a subsidiary of Sonangol, the national oil company of Angola.

The joint venture owns the two deepwater drill ships Pride
Africa and Pride Angola and the 300 ft. independent-leg jackup
rig Pride Cabinda, and holds management agreements for the
deepwater platform rigs Kizomba A and Kizomba B.

The acquisition increases Pride's ownership in the three mobile
offshore drilling units and the two management agreements, along
with related working capital, to 100 percent.  Cash
consideration in the transaction of US$45 million was paid with
cash on hand and borrowings under the company's revolving credit
facility.

The transaction brings Pride's total investment in high
specification, deepwater drilling rigs, including commitments to
construct two ultra-deepwater drill ships, to just over US$2
billion since late 2005.

                    About Pride International

Headquartered in Houston, Texas, Pride International Inc.
(NYSE: PDE) -- http://www.prideinternational.com/-- provides  
onshore and offshore drilling and related services in more than
25 countries, operating a diverse fleet of 277 rigs, including
two ultra-deepwater drill ships, 12 semisubmersible rigs, 28
jackups, 16 tender-assist, barge and platform rigs, five managed
deepwater rigs and 214 land rigs.  The company has two
additional ultra-deepwater drill ships under construction with
expected deliveries in 2010.  The company has reached a
definitive agreement to sell its Latin America-based land
drilling and work over rigs, two lake drilling barges and E&P
Services business with an expected closing by the end of the
third quarter of 2007.  In addition, the company has announced
an agreement to sell its three tender-assist rigs, with an
expected closing in early 2008.

The company maintains worldwide operations in France, Mexico,
Kazakhstan, India, and Brazil, among others.

                         *     *     *

As reported in the Troubled Company Reporter on July 30, 2007,
Moody's affirmed Pride International, Inc.'s credit ratings
following the company's announcement of the acquisition of a
newbuild drillship to be delivered in 2010.  

The affirmed ratings include the Ba1 corporate family rating,
the Ba2 rating on Pride's US$500 million senior notes due 2014,
the Baa2 rating on its US$500 million senior secured credit
facility and speculative grade liquidity rating of SGL-2.  The
outlook is stable.


=============
G E R M A N Y
=============


ANJA KRUMBHOLZ: Creditors Must File Claims by August 31
-------------------------------------------------------
Creditors of Anja Krumbholz have until Aug. 31 to register their
claims with court-appointed insolvency manager Carl Christian
Binneberg.

Creditors and other interested parties are encouraged to attend
the meeting at 11:00 a.m. on Sept. 25, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Koblenz
         Hall 111
         Main Court
         Karmeliterstrasse 14
         56068 Koblenz
         Germany
         
The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Carl Christian Binneberg
         Am Schuetzenplatz 24
         56182 Urbar
         Germany

The District Court of Koblenz opened bankruptcy proceedings
against Anja Krumbholz on Aug. 13.  Consequently, all pending
proceedings against the company have been automatically stayed.

The Debtor can be reached at:

         Anja Krumbholz
         Koblenzer Str. 35
         56073 Koblenz
         Germany


ARTIMENTO GMBH: Claims Registration Period Ends Sept. 24
--------------------------------------------------------
Creditors of artimento GmbH & Co. KG have until Sept. 24 to
register their claims with court-appointed insolvency manager
Lucas F. Floether.

Creditors and other interested parties are encouraged to attend
the meeting at 10:30 a.m. on Oct. 23, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Magdeburg
         Hall D
         Insolvency Department
         Liebknechtstrasse 65-91
         39110 Magdeburg
         Germany
         
The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Dr. Lucas F. Floether
         Halberstadter Str. 55
         39112 Magdeburg
         Germany
         Tel: 0391/5556840
         Fax: 0391/5556849
         E-mail: magdeburg@feigl.biz   

The District Court of Magdeburg opened bankruptcy proceedings
against artimento GmbH & Co. KG on Aug. 8.  Consequently, all
pending proceedings against the company have been automatically
stayed.

The Debtor can be reached at:

         artimento GmbH & Co. KG
         Warschauer Str. 20
         39104 Magdeburg
         Germany


BAUUNTERNEHMEN KUVEN: Claims Registration Ends September 21
-----------------------------------------------------------
Creditors of Bauunternehmen Kuven GmbH have until Sept. 21 to
register their claims with court-appointed insolvency manager         
Nils Eggers.

Creditors and other interested parties are encouraged to attend
the meeting at 10:30 a.m. on Nov. 7, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Stralsund
         Hall A 421
         Fourth Floor
         House A
         Frankendamm 17
         Stralsund         
         Germany   

The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Nils Eggers
         Lange Strasse 50
         18311 Ribnitz-Damgarten
         Germany

The District Court of Stralsund opened bankruptcy proceedings
against Bauunternehmen Kuven GmbH on Aug. 14.  Consequently, all
pending proceedings against the company have been automatically
stayed.

The Debtor can be reached at:

         Bauunternehmen Kuven GmbH
         Attn: Siegfried Kuven, Manager
         Mittelweg 12
         18445 Prohn
         Germany


BRAUER GMBH: Claims Registration Ends September 21
--------------------------------------------------
Creditors of Brauer GmbH have until Sept. 21 to register their
claims with court-appointed insolvency manager Dr. Tibor Braun.

Creditors and other interested parties are encouraged to attend
the meeting at 9:00 a.m. on Oct. 19, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Esslingen
         Hall 1
         First Floor
         Ritterstr.5
         Eingang Strohstrasse
         Esslingen
         Germany

The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Dr. Tibor Braun
         Kriegerstr. 3
         70191 Stuttgart
         Germany
         Tel: 0711/225583-0
         Fax: 0711/225583-20

The District Court of Esslingen opened bankruptcy proceedings
against Brauer GmbH on Aug. 13.  Consequently, all pending
proceedings against the company have been automatically stayed.

The Debtor can be reached at:

         Brauer GmbH
         Attn: Henriette and Gerhard Brauer, Manager
         Otto-Hahn-Str. 19
         73235 Weilheim
         Germany


C & M COMPUTER: Claims Registration Ends September 21
-----------------------------------------------------
Creditors of C & M Computer & Mehr GmbH have until Sept. 21 to
register their claims with court-appointed insolvency manager
Dr. Frank Kebekus.

Creditors and other interested parties are encouraged to attend
the meeting at 9:00 a.m. on Oct. 12, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Duesseldorf
         Meeting Hall A 341
         Third Floor
         Muehlenstrasse 34
         40213 Duesseldorf
         Germany     

The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Dr. Frank Kebekus
         Carl-Theodor-Str. 1
         40213 Duesseldorf
         Germany

The District Court of Duesseldorf opened bankruptcy proceedings
against C & M Computer & Mehr GmbH on Aug. 13.  Consequently,
all pending proceedings against the company have been
automatically stayed.

The Debtor can be reached at:

         C & M Computer & Mehr GmbH
         Krischerstrasse 12
         40789 Monheim
         Germany

         Attn: Uwe-Helge Berwanger, Manager
         Wiener-Neustadter-Strasse 178
         40789 Monheim
         Germany


CIY TAXI: Creditors Must File Claims by September 28
----------------------------------------------------
Creditors of Ciy Taxi IZ GmbH have until Sept. 28 to register
their claims with court-appointed insolvency manager
Dietmar Penzlin.

Creditors and other interested parties are encouraged to attend
the meeting at 2:00 p.m. on Oct. 30, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Itzehoe
         Hall 2
         Theodor-Heuss-Platz 3
         25524 Itzehoe
         Germany
         
The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Dietmar Penzlin
         Rathausstrasse 2
         20095 Hamburg
         Germany

The District Court of Itzehoe opened bankruptcy proceedings
against Ciy Taxi IZ GmbH on Aug. 13.  Consequently, all pending
proceedings against the company have been automatically stayed.

The Debtor can be reached at:

         Ciy Taxi IZ GmbH
         Lindenstr. 44
         25524 Itzehoe
         Germany


EVACTION GMBH: Claims Registration Period Ends Sept. 17
-------------------------------------------------------
Creditors of evaction GmbH have until Sept. 17 to register their
claims with court-appointed insolvency manager Thomas Luger.

Creditors and other interested parties are encouraged to attend
the meeting at 10:30 a.m. on Oct. 22, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Ludwigsburg
         Hall 2008
         Schorndorfer Str. 28
         71638 Ludwigsburg
         Germany

The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Thomas Luger
         Olgastr. 54
         70182 Stuttgart
         Germany
         Tel: 0711/165530

The District Court of Ludwigsburg opened bankruptcy proceedings
against evaction GmbH on Aug. 15.  Consequently, all pending
proceedings against the company have been automatically stayed.

The Debtor can be reached at:

         evaction GmbH
         Attn: Michael Heck, Manager
         Neuenbuehl 1
         71287 Weissach
         Stuttgart
         Germany


FUCHS EINRICHTUNGEN: Creditors Must File Claims by September 3
--------------------------------------------------------------
Creditors of Fuchs Einrichtungen GmbH have until Sept. 3 to
register their claims with court-appointed insolvency manager
Thomas Wulsten.

Creditors and other interested parties are encouraged to attend
the meeting at 10:30 a.m. on Oct. 10, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Frankfurt (Oder)
         Hall 401
         Muellroser Chaussee 55
         15236 Frankfurt (Oder)
         Germany
         
The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Thomas Wulsten
         Rudolf-Breitscheid-Strasse 33
         14482 Potsdam
         Germany

The District Court of Frankfurt (Oder) opened bankruptcy
proceedings against Fuchs Einrichtungen GmbH on Aug. 7.  
Consequently, all pending proceedings against the company have
been automatically stayed.

The Debtor can be reached at:

         Fuchs Einrichtungen GmbH
         Wildbahn 27
         15236 Frankfurt
         Germany


GENERAL MOTORS: Trimming Production in SUV & Pickup Truck Plants
----------------------------------------------------------------
General Motors Corp. is cutting production at six North American
plants that make large pickup trucks and sport-utility vehicles
as the company moves to clear dealer lots of excess inventory,
Jeff Green of Bloomberg News reports.

Company spokesman Tom Wickham told Bloomberg's Mr. Green in an
interview that the factories will eliminate previously scheduled
overtime for the rest of the year for models such as the
Chevrolet Suburban SUV and GMC Sierra pickup.

John D. Stoll and Neal E. Boudette of The Wall Street Journal
relate that GM's move is underscoring fears that the auto
industry is headed for a longer and more painful downturn in
the U.S. than many had expected.

Citing industry observers, WSJ says a longer downturn could
threaten the turnaround plans of GM due to sharp declines
in U.S. auto sales in the last two months as falling home
values and credit worries damped consumer interest.

Headquartered in Detroit, Michigan, General Motors Corp. (NYSE:
GM) -- http://www.gm.com/-- was founded in 1908.  GM employs     
about 280,000 people around the world and manufactures cars and
trucks in 33 countries, including the United Kingdom, Germany,
France, Russia, Brazil and India.  In 2006, nearly 9.1 million
GM cars and trucks were sold globally under the following
brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden,
HUMMER, Opel, Pontiac, Saab, Saturn and Vauxhall.  GM's OnStar
subsidiary is the industry leader in vehicle safety, security
and information services.

                          *     *     *

As reported in the Troubled Company Reporter on May 28, 2007,
Standard & Poor's Ratings Services placed General Motors Corp.'s
corporate credit rating at B/Negative/B-3.

At the same time, Moody's Investors Service affirmed GM's B3
Corporate Family Rating and B3 Probability of Default Rating,
and maintained its SGL-3 Speculative Grade Liquidity Rating.  
The rating outlook remains negative, according to Moody's.


GLF GARTEN: Claims Registration Ends September 21
-------------------------------------------------
Creditors of GLF Garten- und Landschaftsbau Frey Berlin-
Brandenburg GmbH have until Sept. 21 to register their claims
with court-appointed insolvency manager Dr. Juergen Spliedt.

Creditors and other interested parties are encouraged to attend
the meeting at 9:15 a.m. on Oct. 24, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Potsdam
         Hall 301
         Third Floor
         Nebenstelle Lindenstrasse 6
         14467 Potsdam
         Germany

The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Dr. Juergen Spliedt
         Uhlandstrasse 165/166
         10719 Berlin
         Germany

The District Court of Potsdam opened bankruptcy proceedings
against GLF Garten- und Landschaftsbau Frey Berlin-Brandenburg
GmbH on Aug. 10.  Consequently, all pending proceedings against
the company have been automatically stayed.

The Debtor can be reached at:

         GLF Garten- und Landschaftsbau Frey
         Berlin-Brandenburg GmbH
         Oderstrasse 74-76
         14513 Teltow
         Germany


GOODYEAR TIRE: Plans Growth Investments & Debt Repayment
--------------------------------------------------------
The Goodyear Tire & Rubber Company is planning major global
investments to fuel growth and plans to repay additional debt,
both made possible by the recent sale of its Engineered Products
business and the company's successful equity offering.

Goodyear is considering potential new tire factories in Eastern
Europe and Asia in addition to the company's intent to invest in
existing tire factories to increase high-value-added capacity by
40% globally and increase capacity in existing low-cost plants
by 33%.  Together, these investments would drive the company
toward its strategy of having 50% of its global capacity in low-
cost countries by 2012.

The investment program includes modernization in North America
to Goodyear's tire plants in Fayetteville, North Carolina, and
Gadsden, Alabama, for increased high-value-added capacity, both
supported with investment incentives by local and state
governments.

"Consistent with what we have been telling investors, the
successful completion of the sale of Engineered Products
combined with our equity offering in May allows us to expand our
future growth investments," Goodyear Chairman and Chief
Executive Officer Robert J. Keegan said.  "We will continue to
use a disciplined approach in allocating capital to high-return
investments."

In addition, Mr. Keegan said Goodyear has given notice to its
lenders that it will repay its US$300 million third lien term
loan.  The repayment will result in annualized interest expense
savings of approximately US$26 million, of which about US$10
million will be realized in 2007.  The secured loan matures in
2011.  The company's debt repayment plans also include the early
repayment, in the first quarter of 2008, of US$650 million in
secured notes that are due in 2011.

Mr. Keegan said these early repayments coupled with the
company's US$315 million redemption of senior notes in June will
save Goodyear more than US$125 million in annual interest
expense.

Goodyear confirmed progress against its Four Point Cost Savings
Plan.  The company disclosed in April it now targets gross cost
savings of US$1.8 billion to US$2 billion by the end of 2009.

Through June 30, 18 months into the plan, Goodyear indicated it
had achieved nearly US$750 million in cost savings against this
target.

More than US$500 million of these savings are a result of
continuous improvement initiatives.  While announced savings
from eliminating high-cost manufacturing total US$135 million,
only US$35 million of this was reflected in results through
June 30.  Sourcing raw materials, equipment and products from
Asia and other low-cost countries has resulted in savings of
US$60 million and selling, administrative and general expense
savings-to-date total more than US$150 million.

"We remain on track to achieve our targeted savings," Mr. Keegan
said.  "While some of these savings are offset by currently
elevated inflation levels in areas such as energy and some
manufacturing inefficiencies in advance of footprint reductions,
we are confident structural savings will be achieved on a net
basis, particularly in North America."

                         About Goodyear

Headquartered in Akron, Ohio, The Goodyear Tire & Rubber Company
(NYSE: GT) -- http://www.goodyear.com/-- is the world's largest
tire company.  The company manufactures tires, engineered rubber
products and chemicals in more than 90 facilities in 28
countries.  Goodyear maintains Asia-Pacific facilities in
Australia, China and Korea.  Its European bases are located in
Austria, France, Germany, Italy, Russia, Spain, and the United
Kingdom.  Goodyear's Latin-American operations are located in
Argentina, Brazil, Chile, Colombia, Jamaica, Mexico, and Peru.
Goodyear employs more than 80,000 people worldwide.

Goodyear maintains Asia-Pacific facilities in Australia, China
and Korea.  Its European bases are located in Austria, France,
Germany, Italy, Russia, Spain, and the United Kingdom.
Goodyear's Latin-American operations are located in Argentina,
Brazil, Chile, Colombia, Jamaica, Mexico, and Peru.

                          *     *     *

As reported in the Troubled Company Reporter on June 4, 2007,
Standard & Poor's Ratings Services raised its ratings on
Goodyear Tire & Rubber Co., including its corporate credit
rating to 'BB-' from 'B+'.  In addition, the ratings were
removed from CreditWatch where they were placed with positive
implications on May 10, 2007.  Recovery ratings were not on
CreditWatch.


H. SCHUETZ: Claims Registration Period Ends Sept. 17
----------------------------------------------------
Creditors of H. Schuetz GmbH have until Sept. 17 to register
their claims with court-appointed insolvency manager Dr. Holger
Lessing.

Creditors and other interested parties are encouraged to attend
the meeting at 9:30 a.m. on Oct. 8, at which time the insolvency
manager will present his first report on the insolvency
proceedings.

The meeting of creditors will be held at:

         The District Court of Bad Homburg v.d. Hoehe
         Room 302
         Third Floor
         Auf der Steinkaut 10-12
         61352 Bad Homburg v.d. Hoehe
         Germany

The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Dr. Holger Lessing
         Hanauer Landstrasse 287-289
         60314 Frankfurt A.M.
         Germany
         Tel: 069/15051-300
         Fax: 069/15051-400

The District Court of Bad Homburg v.d. Hoehe opened bankruptcy
proceedings against H. Schuetz GmbH on Aug. 9.  Consequently,
all pending proceedings against the company have been
automatically stayed.

The Debtor can be reached at:

         H. Schuetz GmbH
         Attn: Holger Schuetz, Manger
         Drei Hasen 28
         61440 Oberursel
         Germany


HARTL BAU: Claims Registration Period Ends Sept. 11
---------------------------------------------------
Creditors of Hartl Bau GmbH have until Sept. 11 to register
their claims with court-appointed insolvency manager Dr. Michael
Jaffe.

Creditors and other interested parties are encouraged to attend
the meeting at 9:20 a.m. on Oct. 12, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Munich
         Meeting Room 102
         Infanteriestr. 5
         80097 Munich
         Germany

The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Dr. Michael Jaffe
         Franz-Joseph-Str. 8
         80801 Muenchen
         Tel: 089/255487-00
         Fax: 089/255487-10

The District Court of Muenchen opened bankruptcy proceedings
against Hartl Bau GmbH on Aug. 10.  Consequently, all pending
proceedings against the company have been automatically stayed.

The Debtor can be reached at:

         Hartl Bau GmbH
         Attn: Hans Hartl, Manager
         Klosterstr. 6a
         82294 Oberschweinbach
         Germany


KAI MINDERMANN: Claims Registration Period Ends Sept. 14
--------------------------------------------------------
Creditors of Kai Mindermann Software Engineering & Consulting
GmbH have until Sept. 14 to register their claims with court-
appointed insolvency manager Detlef Stuermann.

Creditors and other interested parties are encouraged to attend
the meeting at 9:20 a.m. on Oct. 18, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Cuxhaven
         Hall 112
         Old Building
         Deichstr. 12 A
         27472 Cuxhaven
         Germany

The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Detlef Stuermann
         Domshof 18 - 20
         28195 Bremen
         Germany
         Tel: 0421 3686-0
         Fax: 0421 3686-100

The District Court of Cuxhaven opened bankruptcy proceedings
against Kai Mindermann Software Engineering & Consulting GmbH on
Aug. 13.  Consequently, all pending proceedings against the
company have been automatically stayed.

The Debtor can be reached at:

         Kai Mindermann Software Engineering &
         Consulting GmbH
         Attn: Kai Mindermann, Manager
         Duenenfaehrstr. 1
         27612 Loxstedt
         Germany


LISSY GMBH: Claims Registration Period Ends Sept. 25
----------------------------------------------------
Creditors of Lissy GmbH have until Sept. 25 to register their
claims with court-appointed insolvency manager Stephan Neubauer.

Creditors and other interested parties are encouraged to attend
the meeting at 9:30 a.m. on Nov. 6, at which time the insolvency
manager will present his first report on the insolvency
proceedings.

The meeting of creditors will be held at:

         The District Court of Reinbek
         Parkallee 6
         21465 Reinbek
         Germany
         
The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Stephan Neubauer
         Spitaler Strasse 4
         20095 Hamburg
         Germany

The District Court of Reinbek opened bankruptcy proceedings
against Lissy GmbH on Aug. 9.  Consequently, all pending
proceedings against the company have been automatically stayed.

The Debtor can be reached at:

         Lissy GmbH
         Attn: Michaela Spalteholz, Manager
         Kamp 13 a
         23619 Hamberge
         Germany


MAG-TRANSPORT: Claims Registration Period Ends Sept. 18
-------------------------------------------------------
Creditors of MAG-Transport GmbH Hueseyin Buru have until
Sept. 18 to register their claims with court-appointed
insolvency manager Peter C. Darr.

Creditors and other interested parties are encouraged to attend
the meeting at 9:10 a.m. on Oct. 9, at which time the insolvency
manager will present his first report on the insolvency
proceedings.

The meeting of creditors will be held at:

         The District Court of Kempten
         Meeting Hall 157/I
         Residenzplatz 4-6
         87435 Kempten
         Germany

The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Peter C. Darr
         Candidplatz 13
         81543 Munich
         Germany
         Tel: (089) 614 6960
         Fax: (089) 614 6966 6

The District Court of Kempten opened bankruptcy proceedings
against MAG-Transport GmbH Hueseyin Buru on Aug. 7.  
Consequently, all pending proceedings against the company have
been automatically stayed.

The Debtor can be reached at:

         MAG-Transport GmbH Hueseyin Buru
         Doesinger Weg 24
         87665 Mauerstetten
         Germany


METROMEDIA INT'L: CaucusCom Completes Common Stock Tender Offer
---------------------------------------------------------------
CaucusCom Ventures L.P.'s wholly owned subsidiary, CaucusCom
Mergerco Corp., completed its tender offer for all of the issued
and outstanding shares of common stock of Metromedia
International Group Inc. at a price of US$1.80 per share in
cash.

The Offeror commenced the tender offer on July 18, 2007,
pursuant to a merger agreement with Metromedia.  The tender
offer expired at 12:00 midnight, New York City time, on Tuesday,
Aug. 21, 2007.

As of the expiration of the tender offer, a total of
approximately 80,161,574 shares of Metromedia common stock,
including 2,001,191 common shares that were tendered pursuant to
guaranteed delivery procedures, were validly tendered into the
tender offer and not withdrawn.

These shares represent approximately 77.6% of Metromedia's
outstanding common shares, including approximately 1.9% of
outstanding common shares that were tendered pursuant to
guaranteed delivery procedures.  All validly tendered common
shares have been accepted for payment in accordance with the
terms of the tender offer.

CaucusCom intends to complete the acquisition of Metromedia
through a merger of the Offeror with and into Metromedia in
accordance with the merger agreement.

                  About Caucuscom Ventures L.P.

CaucusCom Ventures L.P. is a holding company affiliated with
Salford Georgia, the local Georgian office of Salford Capital
Partners Inc., an international private equity and investment
management firm based in the British Virgin Islands, and
Compound Capital Limited, an international private investment
firm based in Bermuda.  Compound is a subsidiary of Sun Capital
Partners Ltd., a U.K.-based private investment firm that is not
affiliated with, and has no relationship to, the U.S.-based
private investment firm Sun Capital Partners Inc.

             About Metromedia International Group Inc.

Based in Charlotte, North Carolina, Metromedia International
Group Inc. (PINK SHEETS: MTRM, MTRMP) -- http://www.metromedia-
group.com/ -- through its wholly owned subsidiaries, owns
interests in several communications businesses in the country of
Georgia.  The company's core businesses include Magticom Ltd., a
mobile telephony operator located in Tbilisi, Georgia, Telecom
Georgia, a long distance telephony operator, and Telenet, which
provides Internet access, data communications, voice telephony
and international access services.

                         *      *     *

Moody's Investor Services assigned B3 on Metromedia
International Group Inc.' subordinated debt and B2 on its junior
subordinated debt on March 1994.  The ratings hold to date.


MORE MEDIA: Claims Registration Period Ends Sept. 14
----------------------------------------------------
Creditors of More Media GmbH have until Sept. 14 to register
their claims with court-appointed insolvency manager Dr.
Christoph Schulte-Kaubruegger.

Creditors and other interested parties are encouraged to attend
the meeting at 10:20 a.m. on Oct. 23, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Dortmund
         Hall 3.201
         Second Floor
         Gerichtsplatz 1
         44135 Dortmund
         Germany

The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Dr. Christoph Schulte-Kaubruegger
         Rheinlanddamm 199
         44139 Dortmund
         Germany

The District Court of Dortmund opened bankruptcy proceedings
against More Media GmbH on Aug. 1.  Consequently, all pending
proceedings against the company have been automatically stayed.

The Debtor can be reached at:

         More Media GmbH
         Attn: Georg Nies, Manager
         Gutjahrstr. 10
         44287 Dortmund
         Germany


OBJEKTVERWALTUNG BETEILIGUNGS: Creditors' Claims Due September 4
----------------------------------------------------------------
Creditors of Objektverwaltung Beteiligungs GmbH have until
Sept. 4 to register their claims with court-appointed insolvency
manager Matthias Hofmann.

Creditors and other interested parties are encouraged to attend
the meeting at 8:30 a.m. on Oct. 5, at which time the insolvency
manager will present his first report on the insolvency
proceedings.

The meeting of creditors will be held at:

         The District Court of Bayreuth
         Meeting Hall 520 - EG
         Friedrichstr. 18
         Bayreuth
         Germany

The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Matthias Hofmann
         Richard-Wagner-Strasse 64
         95444 Bayreuth
         Germany

The District Court of Bayreuth opened bankruptcy proceedings
against Objektverwaltung Beteiligungs GmbH on Aug. 14.  
Consequently, all pending proceedings against the company have
been automatically stayed.

The Debtor can be reached at:

         Objektverwaltung Beteiligungs GmbH
         Dr.-Hans-Frisch-Strasse 4
         95448 Bayreuth
         Germany


PROSIEBENSAT.1 MEDIA: Forms New Unit and Shuffles Personnel
-----------------------------------------------------------
After taking over the SBS Broadcasting Group, ProSiebenSat.1
Media AG will rapidly implement its structure as a pan-European
TV group.

                             New Unit

As one of the most important organizational and strategic
innovations, the company has created a new Group Content unit.  
With this measure, the Group which reaches 200 million TV
viewers in 13 countries, underlines its commitment to
programming.

The new Group Content unit has two divisions:

   -- Group Content Acquisitions will be responsible for the
      acquisition of licensed programs and formats at group
      level.  It will be headed by Jan Frouman, 36, in addition
      to his responsibilities as Executive Vice President German
      TV at the ProSiebenSat.1 Group.  He will be supported in
      group acquisitions by Rdiger Boess.

   -- Group Content Production will lead the group-wide
      coordination of in-house and commissioned productions.  It
      is to be headed by G bor Kereszty, 40, former Managing
      Director of TV 2 as well as the owner and manager of
      Interaktiv, one of Hungary's most successful production
      companies.  He took over the management of TV 2 in Hungary
      and achieved the station's turn around.  He will be
      supported by Stefan Thul who also keeps his current
      function as Head of commissioned productions for Germany
      and by Daniela Matei.  

Messrs. Kereszty and Frouman will report to ProSiebenSat.1 Group
CEO Guillaume de Posch.

Mr. Kereszty's successor as Managing Director at TV 2 in Hungary
will be Zoltan V rdy, 36, the former commercial director at TV 2
and Vice President of Sales at SBS.  Mr. Vardy will report to
Patrick Tillieux, the ProSiebenSat.1 Group's Chief Operating
Officer, who is in charge of Group operations, international TV,
radio and print.

Eric van Stade, 46, will be in charge of the Group's TV
activities in the Netherlands.  Thus he is responsible for the
channels SBS 6, Veronica and NET 5 and also for Veronica
magazine.  Mr. van Stade joined SBS Broadcasting Group as
Program Manager of SBS 6 in 1999. Before that he was an
executive producer at John de Mol Productions.  He takes over
from Patrick Tillieux, who will concentrate on his function as
Chief Operating Officer of the Group and to whom he will report.

At the Group's headquarter in Munich, Quinton Holland, 39, as
Director Group Controlling, is to take over responsibility for
centralized controlling of the Group.  Quinton Holland joined
SBS Broadcasting Group in 2000 as head of finance and
accounting. Prior to that he worked for ABN AMRO in London for
the Equities and Corporate Finance divisions. Quinton Holland
reports to Lothar Lanz, CFO of ProSiebenSat.1. Group.

            New Organization Line-up in Technology Unit

Next to strengthening the programming division, the
ProSiebenSat.1 Group also aims for technological leadership.  
The Group is currently evaluating further technology
investments.  This entails personnel changes.

   -- Christian Wegner, 33, has become Managing Director of
      ProSiebenSat.1 Produktion on August 1, 2007.

      In addition to his work at ProSiebenSat.1 Produktion,
      Mr. Wegner will also be Director of Operations for the
      ProSiebenSat.1 Group.  In his new function he will steer
      the Broadcast and IT facilities at Group level.  Coming
      from McKinsey, he joined ProSiebenSat.1 Produktion's
      management in May 2004.  Since 2006 he has been
      responsible for strategy, finance, creative solutions and
      broadcasting services.  Mr. Wegner will report to
      Patrick Tillieux.

   -- Frank Meissner, 44, formerly Managing Director at
      ProSiebenSat.1 Produktion and Director of Operations at
      ProSiebenSat.1 Media AG, has become Managing Director
      Technology & Production at German news station N24.  

      In his new function and together with Torsten Rossmann,
      Managing Director N24 and Spokesperson of the Management,
      he will be responsible for making N24 Europe's most modern
      news station.  With the establishment of an innovative
      technical platform for news production, N24 will be
      further developed as news supplier and as multimedia news
      brand.  In addition to his tasks at N24, he will be in
      charge of sports productions realised by the
      ProSiebenSat.1 Group.  

          Changed Responsibilities in Sales Division

Peter Christmann, 42, will concentrate on his duties as
ProSiebenSat.1 Group's Executive Board member Sales and
Marketing as well as being in charge of the new International
Sales division.

Michael Krautwald, 40, will head the management of SevenOne
Media, the ProSiebenSat.1 Group's advertising sales company. He
will report to Peter Christmann.  Mr. Krautwald joined SevenOne
Media in 2004 as Managing Director Sales.  

Within the sales and marketing division of the Executive Board,
Dr. Andrea Malgara, 42, will take over strategic marketing in
the context of international sales, in addition to his current
duties as Managing Director Marketing at SevenOne Media. Ms.
Malgara joined the ProSiebenSat.1 Group in 1995.

                   New Media & Diversification

In the New Media and Diversification division, international
expansion will be strengthened by Bart Becks.

Mr. Becks, 35, will head the Innovation and New Media
International unit. He will be responsible for the overall
coordination of international new media services as well as for
the development and international implementation of new services
of the Group, in particular online, mobile, idTV, music,
licencing and merchandising.  

Mr. Becks previously worked as Senior Vice President New Media
at SBS Broadcasting Group. Before that Bart Becks served as
Chief Executive Officer at Belgacom Skynet, and as Chairman and
CEO of Skynet iMotion Activities, heading the Internet and
digital media activities of Belgacom group.  He will keep his
roles as Vice President of IAB Belgium (Interactive Advertising
Bureau) and as member of the Strategy Council of IAB Europe.
Bart Becks reports to Marcus Englert, Member of the Executive
Board for New Media.

                      About ProsiebenSat.1

Headquartered in Munich, Germany, ProsiebenSat.1 Media AG --
http://en.ProsiebenSat1.com/-- broadcasts and produces
TV programs through 24 commercial TV stations, 24 premium Pay TV
channels and 22 radio network.  In June 2007, the ProSiebenSat.1
Group acquired SBS Broadcasting Group.  The company employs
around 6,000 Europe-wide.

                            *   *   *

As of Aug. 23, 2007, ProsiebenSat.1 Media AG carries Ba1 senior
unsecured and corporate family ratings from Moody's Investors
Service.


PS FASHION: Claims Registration Ends September 20
-------------------------------------------------
Creditors of PS Fashion Textil-GmbH have until Sept. 20 to
register their claims with court-appointed insolvency manager
Robert Fliegner.

Creditors and other interested parties are encouraged to attend
the meeting at 9:00 a.m. on Oct. 16, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Wuppertal
         Meeting Hall A234
         Second Floor
         Eiland 2
         42103 Wuppertal
         Germany

The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Robert Fliegner
         Gruenewalder Str. 29-31
         42657 Solingen
         Germany
         Tel: 0212/2494200
         Fax: 0212/2494201

The District Court of Wuppertal opened bankruptcy proceedings
against PS Fashion Textil-GmbH on Aug. 15.  Consequently, all
pending proceedings against the company have been automatically
stayed.

The Debtor can be reached at:

         PS Fashion Textil-GmbH
         Attn: Roger Polegato, Manager
         Pfeilstr. 26-30
         42289 Wuppertal
         Germany


ROCABLANCA HANDELSGESELLSCHAFT: Claims Filing Ends Sept. 25
-----------------------------------------------------------
Creditors of Rocablanca Handelsgesellschaft mbH & Co. KG have
until Sept. 25 to register their claims with court-appointed
insolvency manager Horst Piepenburg.

Creditors and other interested parties are encouraged to attend
the meeting at 9:00 a.m. on Oct. 23, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Duesseldorf
         Meeting Hall A 341
         Third Floor
         Muehlenstrasse 34
         40213 Duesseldorf
         Germany  
         
The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Horst Piepenburg
         Heinrich-Heine-Allee 20
         40213 Duesseldorf
         Germany

The District Court of Duesseldorf opened bankruptcy proceedings
against Rocablanca Handelsgesellschaft mbH & Co. KG on Aug. 9.  
Consequently, all pending proceedings against the company have
been automatically stayed.

The Debtor can be reached at:

         Rocablanca Handelsgesellschaft mbH & Co. KG
         Hans-Sachs-Strasse 16
         40721 Hilden
         Germany

         Attn: Sandra Weissenfels, Manager
         Dresdener Strasse 4
         40595 Duesseldorf
         Germany


RS VERTRIEBS: Claims Registration Period Ends Sept. 18
------------------------------------------------------
Creditors of RS Vertriebs GmbH have until Sept. 18 to register
their claims with court-appointed insolvency manager Michael
George.

Creditors and other interested parties are encouraged to attend
the meeting at 9:00 a.m. on Oct. 18, at which time the
insolvency manager will present his first report on the
insolvency proceedings.

The meeting of creditors will be held at:

         The District Court of Munich
         Meeting Hall 102
         Infanteriestr. 5
         80097 Munich
         Germany
         
The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Michael George
         Hans-Urmiller-Ring 11
         82515 Wolfratshausen
         Germany
         Tel: 08171/38730-140
         Fax: 08171/38730-222

The District Court of Munich opened bankruptcy proceedings
against RS Vertriebs GmbH on Aug. 8.  Consequently, all pending
proceedings against the company have been automatically stayed.

The Debtor can be reached at:

         RS Vertriebs GmbH
         Attn: Robert Sigl, Manager
         Blutenburgstr. 106
         80636 Munich
         Germany


SCHULDNERIN GRAFF: Creditors Must File Claims by September 3
------------------------------------------------------------
Creditors of Schuldnerin Graff Floristik GmbH have until Sept. 3
to register their claims with court-appointed insolvency manager
Robert Schiebe.

Creditors and other interested parties are encouraged to attend
the meeting at 9:00 a.m. on Oct. 1, at which time the insolvency
manager will present his first report on the insolvency
proceedings.

The meeting of creditors will be held at:

         The District Court of Bingen am Rhein
         Hall 9
         Mainzer Strasse 52
         55411 Bingen am Rhein
         Germany
         
The Court will also verify the claims set out in the insolvency
manager's report during this meeting, while creditors may
constitute a creditors' committee or opt to appoint a new
insolvency manager.

The insolvency manager can be reached at:

         Robert Schiebe
         Lauterenstrasse 37
         55116 Mainz
         Germany

The District Court of Bingen am Rhein opened bankruptcy
proceedings against Schuldnerin Graff Floristik GmbH on Aug. 13.  
Consequently, all pending proceedings against the company have
been automatically stayed.

The Debtor can be reached at:

         Schuldnerin Graff Floristik GmbH
         Bahnhofstr. 66
         55218 Ingelheim
         Germany


* Fitch Sees No Systemic Crisis for German Banks
----------------------------------------------
There appears to be no systemic crisis in the German banking
sector, according to Fitch Ratings, which recently affirmed its
Issuer Default Ratings on German banks.

With some US$250 billion (EUR185 billion), German banks hold
approximately one fifth of the outstanding liquidity lines to
asset-backed commercial paper conduits, according to Fitch
estimates.  Fitch expects all German ABCP liquidity providers to
meet their liabilities, although those with weaker individual
ratings are more likely to rely on external support in case of
need.

"Fitch regards most German banks as currently well positioned to
absorb any shock of limited size, since their individual
financial strength and their degree of diversification has
improved greatly over the last few years," said Ian Linnell,
Head of Financial Institutions at Fitch Ratings in London.  
"However, the system will have to absorb sizeable liquidity
shocks as back-stop lines are drawn down."

"German banks will also have to absorb increasing risk assets as
off-balance-sheet structures are wound up, and bear their share
of anticipated sub-prime losses," said Thomas von Luepke, Head
of German Banking at Fitch Ratings in Frankfurt. "In addition,
they will have to adapt to decreasing revenues from a number of
businesses."

There are no reliable figures quantifying the share of sub-prime
related exposure held in Germany.  If 20% of total worldwide
exposure were held in Germany and total losses were around 5% of
total sub-prime related loans, Fitch estimates that the burden
for Germany's banks would still be below 3% of the sector's
total equity.  Revenues for the second half of 2007 at banks
active in structured finance and high yield products are likely
to be lower than in the first half or year-earlier period, when
banks reported particularly strong results.


=============
H U N G A R Y
=============


AES CORP: Dominican Subsidiary Restarts Operations
--------------------------------------------------
DR1 Newsletter reports that AES-Andres, AES Corp.'s unit in the
Dominican Republic, has restarted operations after being shut
due to Hurricane Dean.

The AES Group admitted to DR1 Newsletter that the hurricane
caused some damage to a gas terminal.

The AES Group assured that it has sufficient Liquid Natural Gas
in reserve to keep operating until the damage is fixed in
September 2007, DR1 Newsletter notes.  The hurricane damaged
part of the liquefied natural gas receiving area.  However, the
equipment that sends the gas to the Los Mina generation stations
was unaffected.

The AES Group told DR1 Newsletter that it implemented its
contingency plans for natural disasters.  Repairs were
progressing at a "satisfactory rate."

                      About AES-Andres

AES-Andres is a 300-megawatt natural gas generating facility in
Santo Domingo, Dominican Republic.  It belongs to the AES Group.

                         About AES

AES Corp. -- http://www.aes.com/-- is a global power company.
The company operates in South America, Europe, Africa, Asia and
the Caribbean countries.  Specifically, it also has operations
in India.  Generating 44,000 megawatts of electricity through
124 power facilities, the company delivers electricity through
15 distribution companies.  The company's Latin America business
group is comprised of generation plants and electric utilities
in Argentina, Brazil, Chile, Colombia, Dominican Republic, El
Salvador, Panama and Venezuela.

AES has been in Eastern Europe for over ten years, since it
acquired three power plants in Hungary in 1996.  Currently, AES
has two distribution companies in Ukraine, which serve 1.2
million customers and generation plants in the Czech Republic
and Hungary.  AES is also the leading company in biomass
conversion in Hungary, generating 37% of the nation's total
renewable generation in 2004.

                       *     *     *

On Oct. 20, 2006, Moody's Investors Service's downgraded its B1
Corporate Family Rating for AES Corporation in connection with
the implementation of its new Probability-of-Default and Loss-
given-default rating methodology.  Additionally, Moody's revised
its probability-of-default ratings and assigned loss-given-
default ratings on the company's loans and bond debt obligations
including the B1 rating on its senior unsecured notes 7.75% due
2014, which was also given an LGD4 loss-given default rating,
suggesting noteholders will experience a 55% loss in the event
of a default.

As reported in the Troubled Company Reporter-Latin America on
Aug. 23, 2007, Fitch affirmed AES Corporation's Issuer Default
Rating at 'B+', and assigned a short-term IDR of 'B'.

Fitch also made these rating actions:

* AES
-- Senior unsecured to 'BB/RR1' from 'BB/RR2'

* AES Trust III
-- Trust preferred securities to 'B+/RR4' from 'B/RR5'.

* AES Trust VII
-- Trust preferred securities to 'B+/RR4' from 'B/RR5'.

In addition, Fitch affirms these ratings:

* AES
-- Senior secured credit facility at 'BB+/RR1';
-- Junior secured notes at 'BB+/RR1'.


AES CORP: El Salvador Regulator Completes Probe on Firm's Unit
--------------------------------------------------------------
El Salvador's antitrust regulator Superintendencia de
Competencia has concluded a probe on the alleged monopolistic
practices of AES Corp.'s unit AES-Clesa, Business News Americas
reports.

BNamericas relates that the investigation started in February
2007.  Power distributors Caess and Delsur were also probed.

Superintendencia de Competencia said in a statement that Caess
allegedly blocked the entry of distribution firm B&D, while
Delsur blocked that of Abruzzo.

According to Superintendencia de Competencia's statement, the
regulator's board council will review findings.  It will issue a
final resolution within three months.

Caess, AES-Clesa and Delsur allegedly prevented Edesal from
entering the Salvadorian market.  The companies could face
fines, BNamericas states.

                       About AES-Clesa

AES Clesa is an electricity distribution company based in Santa
Ana, El Salvador.  It serves approximately 257,000 customers in
the western region of El Salvador, including Santa Ana, the
country's second-largest city, as well as other surrounding
areas.  AES Clesa is 79.66% owned by AES El Salvador, an
indirect subsidiary of AES and Energia Global International.

                         About AES

AES Corp. -- http://www.aes.com/-- is a global power company.
The company operates in South America, Europe, Africa, Asia and
the Caribbean countries.  Specifically, it also has operations
in India.  Generating 44,000 megawatts of electricity through
124 power facilities, the company delivers electricity through
15 distribution companies.  The company's Latin America business
group is comprised of generation plants and electric utilities
in Argentina, Brazil, Chile, Colombia, Dominican Republic, El
Salvador, Panama and Venezuela.

AES has been in Eastern Europe for over ten years, since it
acquired three power plants in Hungary in 1996.  Currently, AES
has two distribution companies in Ukraine, which serve 1.2
million customers and generation plants in the Czech Republic
and Hungary.  AES is also the leading company in biomass
conversion in Hungary, generating 37% of the nation's total
renewable generation in 2004.

                       *     *     *

On Oct. 20, 2006, Moody's Investors Service's downgraded its B1
Corporate Family Rating for AES Corporation in connection with
the implementation of its new Probability-of-Default and Loss-
given-default rating methodology.  Additionally, Moody's revised
its probability-of-default ratings and assigned loss-given-
default ratings on the company's loans and bond debt obligations
including the B1 rating on its senior unsecured notes 7.75% due
2014, which was also given an LGD4 loss-given default rating,
suggesting noteholders will experience a 55% loss in the event
of a default.

As reported in the Troubled Company Reporter-Latin America on
Aug. 23, 2007, Fitch affirmed AES Corporation's Issuer Default
Rating at 'B+', and assigned a short-term IDR of 'B'.

Fitch also made these rating actions:

* AES
-- Senior unsecured to 'BB/RR1' from 'BB/RR2'

* AES Trust III
-- Trust preferred securities to 'B+/RR4' from 'B/RR5'.

* AES Trust VII
-- Trust preferred securities to 'B+/RR4' from 'B/RR5'.

In addition, Fitch affirms these ratings:

* AES
-- Senior secured credit facility at 'BB+/RR1';
-- Junior secured notes at 'BB+/RR1'.


=============
I R E L A N D
=============


ARAMARK CORP: Moody's Assigns SGL-2 Liquidity Rating
----------------------------------------------------
Moody's Investors Service has assigned an SGL-2 speculative
grade liquidity rating to Aramark Corporation.  Although free
cash flow is expected to be only modestly positive over the next
four quarters, the company has a US$600 million committed
revolver that matures in 2013 and ample headroom under the
financial covenant in its credit facility.

Aramark has repaid about US$500 million in secured credit
agreement borrowings since the closing of the buyout.  The
repayments reflect normal seasonal cash flow generation as well
as US$285 million in net proceeds from the sale of its interest
in SMG.

Moody's expects that revolver borrowings may peak at about
US$200 million during the first half of fiscal 2008 reflecting
the company's seasonal working capital cycle.  The credit
facility has one financial maintenance covenant, net senior
secured debt to EBITDA, with substantial headroom at June 29,
2007.

Headquartered in Philadelphia, Pennsylvania, Aramark Corp.
(NYSE: RMK) -- http://www.aramark.com/-- is a professional
services organization, providing food services, facilities
management, hospitality services, and uniforms and career
apparel to health care institutions, universities and school
districts, stadiums and arenas, businesses, prisons, senior
living facilities, parks and resorts, correctional institutions,
conference centers, convention centers, and public safety
professionals around the world.  Aramark has approximately
240,000 employees serving clients in 20 countries, including
Belgium, Czech Republic, Germany, Ireland, UK, Mexico, Brazil,
Chile, among others.


===================
K A Z A K H S T A N
===================


AKTAU-KURYLYS SERVICE: Claim Deadline Slated for Sept. 26
---------------------------------------------------------
The Specialized Inter-Regional Economic Court of Mangistau has
declared LLP Aktau-Kurylys Service insolvent.

Creditors have until Sept. 26 to submit written proofs of claims
to:

         The Specialized Inter-Regional
         Economic Court of Mangistau
         Micro District 28, 25-12
         Aktau
         Mangistau
         Kazakhstan
         Tel: 8 (3292) 40-31-47


AKTOBE TRANSSTROY: Creditors Must File Claims Sept. 25
------------------------------------------------------
The Specialized Inter-Regional Economic Court of Aktube has
declared LLP Aktobe Transstroy Service insolvent.

Creditors have until Sept. 25 to submit written proofs of claims
to:

         The Specialized Inter-Regional
         Economic Court of Aktube
         Altynsarin Str. 31
         Aktobe
         Aktube
         Kazakhstan
         Tel: 8 (3132) 21-30-32


ARNA LLP: Claims Filing Period Ends Sept. 25
--------------------------------------------
The Specialized Inter-Regional Economic Court of Almaty has
declared LLP Arna insolvent on June 29.

Creditors have until Sept. 25 to submit written proofs of claims
to:

         JSC Kazpochta
         P.O. Box 1
         Post Department 57
         050057, Almaty
         Kazakhstan
         Tel: 8 (3272) 37-03-31


AVIA-TOUR AGENCY: Creditors' Claims Due on Sept. 25
---------------------------------------------------
The Specialized Inter-Regional Economic Court of Almaty has
declared LLP Avia-Tour Agency - AVO insolvent on June 29.

Creditors have until Sept. 25 to submit written proofs of claims
to:

         JSC Kazpochta
         P.O. Box 1
         Post Department 57
         050057, Almaty
         Kazakhstan
         Tel: 8 (3272) 37-03-31


ERP-UJNAYA LLP: Claims Registration Ends Sept. 19
-------------------------------------------------
The Specialized Inter-Regional Economic Court of Almaty has
declared LLP Erp-Ujnaya (RNN 600510901829) insolvent on June 27.

Creditors have until Sept. 19 to submit written proofs of claims
to:

         The Specialized Inter-Regional
         Economic Court of Almaty
         Makatayev Str. 196-36
         Almaty
         Kazakhstan
         Tel: 8 (3272) 79-86-66
              8 (3272) 79-96-76
              8 701 125 56-55


FORNIK LLP: Proof of Claim Deadline Slated for Sept. 25
-------------------------------------------------------
The Specialized Inter-Regional Economic Court of Aktube has
declared LLP Fornik insolvent.

Creditors have until Sept. 25 to submit written proofs of claims
to:

         The Specialized Inter-Regional
         Economic Court of Aktube
         Altynsarin Str. 31
         Aktobe
         Aktube
         Kazakhstan
         Tel: 8 (3132) 21-30-32


JARYK SAUDA: Creditors Must File Claims Sept. 19
------------------------------------------------
The Specialized Inter-Regional Economic Court of Kyzylorda has
declared LLP Jaryk Sauda insolvent on June 25.

Creditors have until Sept. 19 to submit written proofs of claims
to:

         The Specialized Inter-Regional
         Economic Court of Kyzylorda
         Jahayev Str. 71
         Kyzylorda
         Kazakhstan


SERVER LLP: Claims Filing Period Ends Sept. 19
----------------------------------------------
The Specialized Inter-Regional Economic Court of Almaty has
declared LLP Foreign Enterprise - Server (NN 600900078841)
insolvent.

Creditors have until Sept. 19 to submit written proofs of claims
to:

         The Specialized Inter-Regional
         Economic Court of Almaty
         Makatayev Str. 196-36
         Almaty
         Kazakhstan
         Tel: 8 (3272) 79-86-66
              8 (3272) 79-96-76
              8 701 125 56-55


STROYTECHNOELEMENT LLP: Creditors' Claims Due on Sept. 19
---------------------------------------------------------
The Specialized Inter-Regional Economic Court of Kyzylorda has
declared LLP Stroytechnoelement insolvent.

Creditors have until Sept. 19 to submit written proofs of claims
to:

         The Specialized Inter-Regional
         Economic Court of Kyzylorda
         Jahayev Str. 71
         Kyzylorda
         Kazakhstan


TAIYNSHA NAN: Claims Registration Ends Sept. 19
-----------------------------------------------
The Specialized Inter-Regional Economic Court of North
Kazakhstan has declared LLP Taiynsha Nan insolvent on July 2.

Creditors have until Sept. 19 to submit written proofs of claims
to:

         Department of Agriculture
         Konstitutsiya Kazakhstana Str.38
         Petropavlovsk
         North Kazakhstan
         Kazakhstan


===================
K Y R G Y Z S T A N
===================


GELD LLC: Proof of Claim Deadline Slated for September 21
---------------------------------------------------------
LLC Geld has declared insolvency.  Creditors have until Sept. 21
to submit written proofs of claim to:

         LLC Geld
         Sonkulsky Side Street 46/2
         Bishkek
         Kyrgyzstan
         Tel: (+ 996 312) 51-15-38


=====================
N E T H E R L A N D S
=====================


EURO GALAXY: Moody's Rates EUR13.5 Mln Class E Notes at Ba3
-----------------------------------------------------------
Moody's Investors Service assigned definitive credit ratings to
six classes of notes issued by Euro Galaxy II CLO B.V., a Dutch
special purpose company.  The ratings are:

   -- Aaa to the EUR275,000,000 Class A Senior Floating Rate
      Delayed Draw Notes due 2022;

   -- Aa2 to the EUR36,000,000 Class B Senior Floating Rate
      Notes due 2022;

   -- A2 to the EUR27,500,000 Class C Deferrable Interest
      Floating Rate Notes due 2022;

   -- Baa3 to the EUR20,000,000 Class D Deferrable Interest
      Floating Rate Notes due 2022;

   -- Ba3 to the EUR13,500,000 Class E Deferrable Interest
      Floating Rate Notes due 2022; and

   -- A1 to the EUR5,000,000 Class P Combination Notes due 2022.

The ratings address the expected loss posed to investors by the
legal final maturity in October 2022.

The rating of the Class P Combination Notes addresses the
expected loss posed to investors by the legal final maturity in
2022 as a proportion of the Rated Balance, where the "Rated
Balance" is equal, at any time, to the principal amount of such
Combination Notes on the Issue Date minus the aggregate of all
payments made from the issue date to such date. It is not an
opinion about the ability of the issuer to pay interest.

These definitive ratings are based upon:

   1. An assessment of the eligibility criteria and portfolio
      guidelines applicable to the future additions to the
      portfolio;

   2. The protection against losses through the subordination of
      the more junior classes of notes to the more senior
      classes of notes;

   3. The overcollateralization of the Notes;

   4. The proposed currency swap transactions, which insulate
      the Issuer from the volatility of the foreign currency
      exchange rates in respect of non-Euro denominated
      obligations; and the proposed interest rate swap
      transactions, which substantially mitigate the risk to the
      Issuer from the potential fixed/floating interest mismatch
      between the collateral portfolio and the Notes;

   5. The expertise of AIG Global Investment Corp. (Europe) Ltd
      as a collateral manager; and

   6. The legal and structural integrity of the issue.

This transaction is a high yield collateralized loan obligation
related to a collateral portfolio of approximately EUR400
million, comprised primarily of European senior and mezzanine
corporate leveraged loans (with a predominance of senior secured
loans) and high yield bonds.  This portfolio will be dynamically
managed by AIG Global Investment Corp. (Europe) Ltd. Any
addition or removal of assets will be subject to a number of
portfolio criteria.


FOOT LOCKER: Incurs US$18 Million Net Loss in Qtr. Ended Aug. 4
---------------------------------------------------------------
Foot Locker Inc. posted a net loss of US$18 million for the
second quarter ended Aug. 4, 2007, compared to net income of
US$14 million, last year.  Second quarter sales decreased 1.5
percent, to US$1,283 million this year compared with sales of
US$1,303 million for the corresponding prior year period.
Second quarter comparable-store sales decreased 7.3 percent.

"Our second quarter results reflected lower than expected sales
and the impact of a strategic decision to significantly
accelerate the clearance of slow-selling merchandise inventory
in our U.S. stores," stated Matthew D. Serra, Foot Locker,
Inc.'s Chairman and Chief Executive Officer.  "This inventory
clearance strategy resulted in markdowns increasing in our U.S.
stores by US$50 million, at cost, or US$0.20 per share, versus
the second quarter of last year.  As a result, we are now better
positioned to offer more exciting and compelling products for
the fall season.  At the same time, the division profit of our
international stores increased approximately 20 percent from the
same period last year, (excluding the US$17 million pre-tax
charge recorded in 2006 to write down long-lived assets pursuant
to SFAS 144)."

                      Financial Position

At the end of the second quarter, the company's cash and short-
term investments totaled US$363 million.  The company's cash
position, net of debt, increased by US$86 million from the same
time last year.  During the second quarter, the company
repurchased 1.1 million shares of its common stock for US$24
million.  For the first six months of the year, the company
repurchased 2.3 million shares for US$50 million.

The company's merchandise inventory at the end of the second
quarter was 1.6 percent lower than at the end of the second
quarter last year.  Stated in constant currency dollars, the
company's merchandise inventory decreased 3.2 percent versus
last year.  Merchandise inventory in the company's U.S. stores
was approximately 4 percent lower than last year, with goods
older than 12 months reduced from last year by approximately 40
percent.  At the company's international stores, merchandise
inventory was essentially flat with last year.

                       Store Base Update

During the first six months of the year, the company opened 78
new stores, remodeled/relocated 129 stores and closed 115
stores.  At Aug. 4, 2007, the company operated 3,905 stores in
20 countries in North America, Europe and Australia.  In
addition, seven franchised stores were operating in the Middle
East.  During the first week of the third quarter, the company
converted its Footquarters stores to Foot Locker and Champs
Sports outlet stores.

During the next six months of 2007, the company currently
expects to open approximately 40 stores and, as previously
announced, close 135 to 150 unproductive stores.  Approximately
90 of the estimated store closings are expected to occur at or
near their normal lease expiration and have minimal or no
expense impact to the Company.  Depending on the outcome of
landlord negotiations, 50 to 60 of the stores are expected to
close prior to normal lease expiration.  The cash costs
associated with closing these 135 to 150 stores are expected to
be essentially offset by the cash benefits of the working
capital reduction.

Mr. Serra continued, "Given the uncertainty of several factors
that may affect our financial results, we are not providing a
financial forecast for the balance of the year at this time.
These uncertainties include the current challenging athletic
retail environment in the U.S. and incremental costs associated
with the closing of the additional stores.  In addition, we will
continue to assess the impact of the recent merchandise
initiatives on the financial results of our domestic businesses
during the fall 2007 season.  This assessment may include an
analysis of the recoverability of store long-lived assets
pursuant to SFAS 144 that may result in a non-cash impairment
charge."

                       About Foot Locker

Headquartered in New York City, Foot Locker, Inc. (NYSE: FL) --
http://www.footlocker-inc.com/-- retails athletic footwear and
apparel.  The company operates approximately 3,900 athletic
retail stores in 17 countries in North America, The Netherlands
and Australia under the brand names Foot Locker, Footaction,
Lady Foot Locker, Kids Foot Locker, and Champs Sports.  The
company also has about 350 Footaction stores in the US and
Puerto Rico, which sell footwear and apparel to young urbanites.

                       *     *     *

As reported in the Troubled Company Reporter-Latin America on
June 21, 2007, Standard & Poor's Ratings Services said its
ratings, including the 'BB+' corporate credit rating, on New
York City-based specialty footwear retailer Foot Locker Inc.
remain on CreditWatch with negative implications.  This rating
action follows the announcement that Genesco (BB-/Watch
Developing/--) accepted an offer from The Finish Line Inc. for
USUS$1.53 billion (USUS$54.50 per share) on June 18, 2007.  Foot
Locker made two bids for Genesco earlier this year, but they
were subsequently rejected after Genesco's board concluded the
proposals were not in the best interest of its shareholders.


KONINKLIJKE AHOLD: Completes Reverse Stock Split
------------------------------------------------
Koninklijke Ahold N.V. disclosed that its reverse stock split
became effective after close of trading hours of the New York
Stock Exchange on Aug. 22, 2007.

The reverse stock split consisted of a consolidation of every
five existing shares with a nominal value of EUR0.24 each, into
four new shares with a nominal value of EUR0.30 each.  Trading
in new Ahold shares with the new nominal value commenced on
Aug. 22.

Ahold received confirmation that no objection has been filed
against the capital repayment in connection with the reverse
stock split.  The date for the capital repayment of EUR1.89 per
existing share will be Aug. 28, 2007.  The capital repayment is
not subject to Dutch dividend withholding tax.  Shareholders
with questions about their tax status are advised to consult
their local tax advisor.

For shareholders holding shares through Euroclear Nederland the
record date was at the close of trading hours on the Amsterdam
Stock Exchange on Aug. 22, 2007.  Shareholders who held their
shares with a bank or broker should receive a notice from their
bank or broker.  Shareholders who were registered in the
register of Ahold were informed by Ahold about the
administrative process.  Holders of American Depositary Receipts
(ADR) listed on the New York Stock Exchange will be paid in U.S
dollars so long as they held their ADRs as of and after close of
trading on the New York Stock Exchange on August 22, 2007.

If the number of shares held by any one shareholder is not
exactly divisible by five, banks and brokers will round
positions up or down, depending on the particular contractual
arrangements between the bank or broker and the shareholder.

                          About Ahold

Headquartered in Amsterdam, Koninklijke Ahold N.V. (fka Royal
Ahold) -- http://www.ahold.com/-- retails food through    
supermarkets, hypermarkets and discount stores in North and
South America, Europe.  It has operations in Argentina.  The
company's chain stores include Stop & Shop, Giant, TOPS, Albert
Heijn and Bompreco.  Ahold also supplies food to restaurants,
hotels, healthcare institutions, government facilities,
universities, stadiums, and caterers.

                            *   *   *

In a TCR-Europe report on May 11, 2007, Moody's Investors
Service placed the Ba1 Corporate Family Rating and the Ba1
Senior Unsecured Long-Term Rating of Koninklijke Ahold N.V. on
review for possible upgrade.

The action follows the company's announcement that it has
agreed to the disposal of its U.S. Foodservice business to
private equity funds for US$7.1 billion.

As reported in the TCR-Europe on May 7, 2007, Fitch Ratings
upgraded the Issuer Default and senior unsecured ratings of
Royal Ahold N.V. (nka Koninklijke Ahold N.V.) to 'BB+' from
'BB'.  The Outlook on the Issuer Default rating remains
Positive.  Its Short-term rating is affirmed at 'B'.


STREET CLO VI: Fitch Rates EUR13.2 Million Class E Notes at BB
--------------------------------------------------------------
Fitch has assigned final ratings to EUR295.8 million of Wood
Street CLO VI B.V.'s issue of floating-rate notes:

   -- EUR210 million Class A-1 senior secured floating-rate
      notes: 'AAA'

   -- EUR15 million Class A-2 senior secured floating-rate
      notes: 'AAA'

   -- EUR23.7 million Class B senior secured floating-rate
      notes: 'AA'

   -- EUR18.4 million Class C senior secured deferrable
      floating-rate notes: 'A'

   -- EUR15.5 million Class D senior secured deferrable
      floating-rate notes: 'BBB'

   -- EUR13.2 million Class E senior secured deferrable
      floating-rate notes: 'BB'

The transaction is a securitization of leveraged loans including
primarily senior secured loans, second lien loans, mezzanine
obligations, high yield bonds and structured finance securities.

The ratings of the Class A-1, Class A-2 and Class B notes
address the ultimate repayment of principal at maturity and the
timely payment of interest when due, according to the terms of
the notes.  For the Class C, D and E notes, which can defer
interest, the ratings address the ultimate payment of principal
and interest, including deferred interest, at maturity.  The
ratings are based on the quality and diversity of the portfolio
of assets, which are selected by the collateral manager,
Alcentra Limited, subject to the guidelines outlined in the
collateral management agreement.

The ratings are also based on the credit enhancement provided to
the various Classes of notes in the form of subordination,
structural protection and excess spread.  Credit enhancement, in
the form of subordination, for the Class A-1 notes totals
33.76%, of which 4.73% is provided by the A-2 notes, 7.48% by
the B notes, 5.8% by the C notes, 4.89% by the D notes, 4.16% by
the E notes and 6.7% by the unrated subordinated Class of notes.

Alcentra will actively manage the collateral over the seven-year
reinvestment period. Fitch assigned Alcentra Limited a 'CAM1-'
rating for European leveraged loans on May 11, 2007, primarily
based on its high level of focus on leveraged loans, and
experienced and stable management team.

Wood Street CLO VI B.V. is a limited liability company
incorporated under the laws of the Netherlands.  At the closing
date, the issuer is expected to have purchased at least 75% of
the target portfolio; the remainder will be purchased over the
next 245 days.


===========
R U S S I A
===========


AREAL CJSC: Creditors Must File Claims by Sept. 4
-------------------------------------------------
Creditors of CJSC Areal have until Sept. 4 to submit proofs of
claim to:

         I. Merkulov
         Insolvency Manager
         Post User Box 1
         241035 Bryansk
         Russia

The Arbitration Court of Bryansk commenced bankruptcy
proceedings against the company after finding it insolvent.  The
case is docketed under Case No. A09-2468/07-28.

The Court is located at:

         The Arbitration Court of Bryansk
         Room 602
         Trudovoy Per. 5
         Bryansk
         Russia

The Debtor can be reached at:

         I. Merkulov
         Insolvency Manager
         Post User Box 1
         241035 Bryansk
         Russia


ARSLAMBAEVSKIY CJSC: Creditors Must File Claims by Sept. 4
----------------------------------------------------------
Creditors of CJSC Arslambaevskiy (TIN 7435008311) have until
Sept. 4 to submit proofs of claim to:

         I. Sushkova
         Temporary Insolvency Manager
         Post User Box 25700
         Magnitogorsk
         455000 Chelyabinsk
         Russia

The Arbitration Court of Chelyabinsk will convene at 2:30 p.m.
on Jan. 16, 2008 to hear the company's bankruptcy supervision
procedure.  The case is docketed under Case No. A76-8553/
2007-36-110.

The Court is located at:

         The Arbitration Court of Chelyabinsk
         Vorovskogo Str. 2
         454091 Chelyabinsk
         Russia

The Debtor can be reached at:

         CJSC Arslambaevskiy
         Aptechnyj Per. 10
         Atslambaevskiy
         Nagaybakskiy
         457662 Chelyabinsk
         Russia


BASHKIR-AGRO-PROM-DOR-STROY: Claims Filing Period Ends Sept. 4
--------------------------------------------------------------
Creditors of CJSC Bashkir-Agro-Prom-Dor-Story have until Sept. 4
to submit proofs of claim to:

         A. Abakarov
         Temporary Insolvency Manager
         Ufimskoe Shosse 43
         Engelsa Str. 1/1
         Ufa
         Bashkortostan
         Russia

The Arbitration Court of Bashkortostan will convene on Sept. 26
to hear the company's bankruptcy supervision procedure.  The
case is docketed under Case No. A07-3627/07-G-SVI.

The Court is located at:

         The Arbitration Court of Bashkortostan
         Oktyabrskoy Revolyutsii Str. 63a
         Ufa
         Bashkortostan
         Russia

The Debtor can be reached at:

         CJSC Bashkir-Agro-Prom-Dor-Story
         Bashkortostan
         Russia


DINA LLC: Creditors Must File Claims by Sept. 4
-----------------------------------------------
Creditors of LLC Company Dina have until Sept. 4 to submit
proofs of claim to:

         N. Proskuryakov
         Insolvency Manager
         Apt. 35
         Neledina Str. 37
         398059 Lipetsk
         Russia

The Arbitration Court of Lipetsk commenced bankruptcy
proceedings against the company after finding it insolvent.  The
case is docketed under Case No. A36-95-B-/1-99.

The Court is located at:

         The Arbitration Court of Lipetsk
         Skorokhodova Str. 2
         398019 Lipetsk
         Russia

The Debtor can be reached at:

         N. Proskuryakov
         Insolvency Manager
         Apt. 35
         Neledina Str. 37
         398059 Lipetsk
         Russia


FASHION OJSC: Kirov Bankruptcy Hearing Slated for Oct. 24
---------------------------------------------------------
The Arbitration Court of Kirov will convene at 9:00 a.m. on
Oct. 24 to hear the bankruptcy supervision procedure on OJSC
Fashion (OGRN 1024300749362).  The case is docketed under Case
No. A28-191/07-110/10.

The Temporary Insolvency Manager is:

         G. Storozhuk
         Office 10
         Stepana Khalturina Str. 3
         610000 Kirov
         Russia

The Court is located at:

         The Arbitration Court of Kirov
         K-Libknekhta Str. 102
         610017 Kirov
         Russia

The Debtor can be reached at:

         OJSC Fashion
         Lunacharskogo Str. 13
         Kirovo-Chepetsk
         Kirov
         Russia


GAZPROM NEFT: Wants to Buy Yugraneft Out of Sibneft-Yugra
---------------------------------------------------------
OAO Gazprom Neft submitted an offer to buy out OAO Yugraneft's
remaining 0.98% stake in Sibneft-Yugra, Interfax News reports
citing a source privy to the company.

Gazprom Neft, formerly known as OAO Sibneft, and Yugraneft had
held equal stakes in Sibneft-Yugra until a capital increase was
launched, Interfax relates.  The capital hike subsequently cut
Yugraneft's stake in the joint venture from 50% to 5%, and
subsequently to 0.98%.

The Arbitration Court of Khanty-Mansiisk Autonomous District has
confirmed the validity of the capital increase.

                      About Gazprom Neft

Headquartered in Moscow, Russia, OAO Gazprom Neft --
http://www.gazprom-neft.ru/-- explores, produces, refines,   
markets, produces and sells petroleum products.  The Company
holds oilfield exploration and development licenses in the
Yamal-Nenets and Khanti-Mansiisk autonomous regions, as well as
in theOmsk and Tomsk regions, and in Chukotka.  The Company's
main oil processing center is the Omsk Refinery.  Gazprom Neft
is one of Russia's largest oil companies handling downstream and
upstream operations.  It was known as Sibneft before April 2007.

                            *   *   *

As of Aug. 24, 2007, Gazprom Neft carries a Ba1 Corporate Family
and Ba2 Senior Unsecured Debt ratings from Moody's.  Moody's
said the outlook is positive.

Gazprom Neft also carries BB+ Long-Term Foreign Issuer Credit
and Local Issuer Credit ratings from Standard & Poor's.  S&P
said the outlook is positive.


NOVOSELKOVSKIY DIARY: Creditors Must File Claims by Oct. 4
----------------------------------------------------------
Creditors of OJSC Novoselkovskiy Diary have until Oct. 4 to
submit proofs of claim to:

         O. Uvarichev
         Insolvency Manager
         P. Zheleznyaka Str. 17
         660133 Krasnoyarsk
         Russia

The Arbitration Court of Krasnoyarsk commenced bankruptcy
proceedings against the company after finding it insolvent.  The
case is docketed under Case No. A33-14708/2006.

The Court is located at:

         The Arbitration Court of Krasnoyarsk
         Lenina Str. 143
         660021 Krasnoyarsk
         Russia

The Debtor can be reached at:

         OJSC Novoselkovskiy Diary
         Promyshlennaya Str. 10
         Novoselovo
         Novoselovskiy
         662430 Krasnoyarsk
         Russia


PESTRITSY-REM-SERVICE: Names A. Volkov as Insolvency Manager
------------------------------------------------------------
The Arbitration Court of Tatarstan appointed A. Volkov as
Insolvency Manager for CJSC Pestritsy-Rem-Service.  He can be
reached at:

         A. Volkov
         Post User Box 72
         Chistopol
         422986 Tatarstan
         Russia

The Court commenced bankruptcy proceedings against the company
after finding it insolvent.  The case is docketed under Case No.
A65-10795/2006.

The Court is located at:

         The Arbitration Court of Tatarstan
         Room 12
         Floor 2
         Entrance 2
         Building 1
         Kremlin
         Kazan
         Tatarstan
         Russia

The Debtor can be reached at:

         A. Volkov
         Post User Box 72
         Chistopol
         422986 Tatarstan
         Russia


PROM-SNAB M: Court Names P. Kulikov as Insolvency Manager
---------------------------------------------------------
The Arbitration Court of Orenburg appointed P. Kulikov as
Insolvency Manager for LLC Prom-Snab M.  He can be reached at:

         P. Kulikov
         Vasnetsova 7/16
         Orsk
         462433 Orenburg
         Russia

The Court commenced bankruptcy proceedings against the company
after finding it insolvent.  The case is docketed under Case No.
A 47-4625/2007-14 GK.

The Court is located at:

         The Arbitration Court of Orenburg
         9th January Str. 64
         460046 Orenburg
         Russia

The Debtor can be reached at:

         LLC Prom-Snab M
         Novotroitsk
         Orenburg
         Russia


ROSNEFT OIL: Earns RUR38.3 Billion for First Half 2007
------------------------------------------------------
OAO Rosneft Oil released its financial results for the first
half ended June 30, 2007, prepared according to Russian
Accounting Standards, RIA Novosti reports.

According to the report, the company posted a 36.2% drop in net
profit to RUR38.3 billion for the first half 2007.

Rosneft blamed the decline in net profit to:

   -- penalties imposed on the unpaid taxes of its
      Yuganskneftegaz unit;

   -- additional profit taxes imposed on the debt payments
      received from OAO Yukos Oil Co.;

   -- cancellation of financial provisions for Yukos' debts;

   -- exchange rate differences; and

   -- larger corporate property tax resulting from the
      consolidation of subsidiaries.

                          About Rosneft

Headquartered in Moscow, Russia, OAO Rosneft Oil Co. --
http://www.rosneft.com/-- produces and markets petroleum
products.  The Company explores for, extracts, refines and
markets oil and natural gas.  Rosneft produces oil in Western
Siberia, Sakhalin, the North Caucasus, and the Arctic regions of
Russia.

                            *   *   *

As of July 17, 2007, OAO Rosneft Oil Co. carries a BB+ long-term
corporate credit rating from Standard & Poor's Ratings Services.
S&P said the outlook is positive.


SAN-LES LLC: Perm Bankruptcy Hearing Slated for Oct. 24
-------------------------------------------------------
The Arbitration Court of Perm will convene on Oct. 24 to hear
the bankruptcy supervision procedure on LLC San-Les.  The case
is docketed under Case No. A50-6808/2007-B1.

The Temporary Insolvency Manager is:

         A. Chernov
         Apt.7
         Kommunarov Str. 223
         Izhevsk
         426076 Udmurtiya
         Russia

The Court is located at:

         The Arbitration Court of Perm
         Lunacharskogo Str. 3
         Perm
         Russia

The Debtor can be reached at:

         LLC San-Les
         Komsomolskiy Pr. 75-1
         614000 Perm
         Russia


SERVICE-KHOLOD OJSC: Bankruptcy Hearing Slated for Dec. 11
----------------------------------------------------------
The Arbitration Court of Moscow will convene at 10:30 a.m. on
Dec. 11 to hear the bankruptcy supervision procedure on OJSC
Service-Kholod (TIN 7722023962).  The case is docketed under
Case No. A40-27602/07-74-100 B.

The Temporary Insolvency Manager is:

         I. Lavrushenko
         Post User Box 48
         127560 Moscow
         Russia

The Court is located at:

         The Arbitration Court of Moscow
         Novaya Basmannaya Str. 10
         Moscow
         Russia

The Debtor can be reached at:

         OJSC Service-Kholod
         Mikhaylovskiy Pr. 1
         109029 Moscow
         Russia


SIRIUS: Creditors Must File Claims by Sept. 4
---------------------------------------------
Creditors of Municipal Unitary Enterprise Sirius have until
Sept. 4 to submit proofs of claim to:

         N. Volgina
         Temporary Insolvency Manager
         Post User Box 329
         672000 Chita
         Russia

The Arbitration Court of Chita commenced bankruptcy supervision
procedure on the company.  The case is docketed under Case No.
A78-1088/2007-B-70.

The Debtor can be reached at:

         Municipal Unitary Enterprise Sirius
         Krasnoarmeyskaya Str. 40
         Zabaykalsk
         Zabaykalskiy
         674650 Chita
         Russia


STELS CJSC: Creditors Must File Claims by Sept. 4
-------------------------------------------------
Creditors of CJSC Stels (TIN 7448001874) have until Sept. 4 to
submit proofs of claim to:

         M. Fazylov
         Insolvency Manager
         Office 21
         M. Karima Str. 45
         453733 Bashkortostan
         Russia

The Arbitration Court of Chelyabinsk commenced bankruptcy
proceedings against the company after finding it insolvent.  The
case is docketed under Case No. A76-7831/2007-32-75.

The Court is located at:

         The Arbitration Court of Chelyabinsk
         Vorovskogo Str. 2
         454091 Chelyabinsk
         Russia

The Debtor can be reached at:

         CJSC Stels
         Chelyabinsk
         Russia


TAIS CJSC: Court Names S. Dzhembulatov as Insolvency Manager
------------------------------------------------------------
The Arbitration Court of Orenburg appointed S. Dzhembulatov as
Insolvency Manager for CJSC Tais (TIN 5610027186).  He can be
reached at:

         S. Dzhembulatov
         Proletarskaya Str. 216
         460035 Orenburg
         Russia

The Court commenced bankruptcy proceedings against the company
after finding it insolvent.  The case is docketed under Case No.
A47-2730/07-14GK.

The Court is located at:

         The Arbitration Court of Orenburg
         9th January Str. 64
         460046 Orenburg
         Russia

The Debtor can be reached at:

         S. Dzhembulatov
         Proletarskaya Str. 216
         460035 Orenburg
         Russia


URAL-BREAD-AGRO: Names S. Dzhembulatov as Insolvency Manager
------------------------------------------------------------
The Arbitration Court of Orenburg appointed S. Dzhembulatov as
Insolvency Manager for OJSC Ural-Bread-Agro-Industrial Concern
(TIN 5610050844).  He can be reached at:

         S. Dzhembulatov
         Proletarskaya Str. 216
         460035 Orenburg
         Russia

The Court commenced bankruptcy proceedings against the company
after finding it insolvent.  The case is docketed under Case No.
A47-2751/07-14GK.

The Court is located at:

         The Arbitration Court of Orenburg
         9th January Str. 64
         460046 Orenburg
         Russia

The Debtor can be reached at:

         S. Dzhembulatov
         Proletarskaya Str. 216
         460035 Orenburg
         Russia


VLADIVOSTOKSKIY FISH: Asset Filing Deadline Slated for Aug. 31
--------------------------------------------------------------
LLC Vlad Nedvizhimost, the bidding organizer for OJSC
Vladivostokskiy Fish Combine, will open a public auction for the
company's properties at:

         LLC Vlad Nedvizhimost
         Office 1
         Svetlanskaya Str. 145
         Vladivostok
         Russia

Interested participants have until Aug. 31 to deposit an amount
equivalent to 10% of the starting price to:

         Settlement Account 40702810500100000132
         Correspondent Account 30101810900000000705
         OJSC Dalnevostochnyj Bank
         Vladivostok
         BIK 040507705

Bidding documents must be submitted to:

         LLC Vlad Nedvizhimost
         Office 1
         Svetlanskaya Str. 145
         Vladivostok
         Russia

The Debtor can be reached at:

         OJSC Vladivostokskiy Fish Combine
         Tatarskaya Str. 1
         Vladivostok
         690000 Primorye
         Russia


* Fitch Gives BB- Rating with Stable Outlook to Murmansk Region
---------------------------------------------------------------
Fitch Ratings has assigned the Russian Murmansk region Long-term
foreign and local currency 'BB-' ratings and a Short-term
foreign currency 'B' rating.  A National Long-term 'A+(rus)'
rating is also assigned.  The Outlooks for the Long-term foreign
currency, Long-term local currency and National Long-term
ratings are Stable.

The ratings reflect the region's low debt burden and strong
local economy, which facilitates stable growth in tax revenue
and a positive operating balance sufficient to cover debt
servicing requirements.  The ratings also reflect the Murmansk
region's growing budgetary rigidity and relatively low capital
expenditure.  The Stable Outlooks reflect Fitch's expectation
that economic growth will drive revenue growth, allowing the
region to strengthen budgetary performance and increase capital
investment in a deteriorating infrastructure.

The region possesses a sound local economy with a strong
industrial basis (39% of GRP in 2005), with the dominance of an
export-oriented primary industry.  Besides the industrial
sector, the important players in the region's economy are the
transport and fishing industries.  The region is among the top-
ten Russian regions in terms of per capita GRP (130% of Russian
average in 2005) and possesses a large natural resources
endowment.  Unique transportation facilities contribute to the
importance of the region as a transport hub.

The region's total debt burden (direct debt and guarantees)
gradually declined from a peak of 28.3% of current revenue in
2003 to a low of 5.5% of current revenue in 2006. Over the same
period, the debt structure was changing.  Bank loans have been
replacing restructured federal budget loans, whose share is
expected to fall to almost zero by end-2007 from a peak of 84%
of total debt in 2004.  Fitch expects the debt to current
revenue ratio to be at a single digit level in near future.

Budgetary rigidity has been high as current expenditure has
averaged 85% of total expenditure in the past five years.  Also,
there is little room for cutting back current expenditure as
staff expenses and transfers of all kinds averaged a high of 75%
of total expenditure in 2002-2006.  Transfers to municipalities
were a major expense, accounting for 62% of operating
expenditure in 2006 (up from 35% in 2002).  In addition, given
the high level of the region's infrastructure deterioration,
capital expenditure will probably need to be increased in the
future.

The Murmansk region is located in the northern European part of
the Russian Federation.  The region's capital, the City of
Murmansk, is the forth-largest sea port in the RF, with a
population of over 320,000.  The region contributed 0.8% of the
GDP in 2006 and accounted for 0.6% of its population.


=====================
S W I T Z E R L A N D
=====================


ANALYSER SYSTEMS: Creditors' Liquidation Claims Due September 3
---------------------------------------------------------------
Creditors of JSC Analyser Systems have until Sept. 3 to submit
their claims to:

         Urs J. Hausheer
         Liquidator
         Untermuli 6
         6300 Zug
         Switzerland

The Debtor can be reached at:

         JSC Analyser Systems
         Zug
         Switzerland


ELEKTRO NAGELE: Thurgau Court Starts Bankruptcy Proceedings
-----------------------------------------------------------
The Bankruptcy Court of Thurgau commenced bankruptcy proceedings
against LLC Elektro Nagele on March 13.

The Bankruptcy Service of Thurgau can be reached at:

         Bankruptcy Service of Thurgau
         8510 Frauenfeld TG
         Switzerland

The Debtor can be reached at:

         LLC Elektro Nagele
         Alpenrosenstrasse 2
         8280 Kreuzlingen TG
         Switzerland


JORDIN JSC: Creditors' Liquidation Claims Due September 5
---------------------------------------------------------
Creditors of JSC Jordin have until Sept. 5 to submit their
claims to:

         Heinz Bhend
         Liquidator
         Seefeldstrasse 96
         8034 Zurich
         Switzerland

The Debtor can be reached at:

         JSC Jordin
         Zurich
         Switzerland


PARTNERS-IMMO-FINANCES: Zug Court Starts Bankruptcy Proceedings
---------------------------------------------------------------
The Bankruptcy Court of Zug commenced bankruptcy proceedings
against LLC Partners-Immo-Finances on July 25.

The Bankruptcy Service of Zug can be reached at:

         Bankruptcy Service of Zug
         6300 Zug
         Switzerland

The Debtor can be reached at:

         LLC Partners-Immo-Finances
         Baarerstrasse 75
         6300 Zug
         Switzerland


TRAILER JSC: Creditors' Liquidation Claims Due September 3
----------------------------------------------------------
Creditors of JSC Trailer have until Sept. 3 to submit their
claims to:

         Urs Taufenecker
         Liquidator
         Schutzenstrasse 1
         Mail box: 6139
         8023 Zurich
         Switzerland

The Debtor can be reached at:

         JSC Trailer
         Spreitenbach
         Baden AG
         Switzerland


=============
U K R A I N E
=============


BERDICHEV-KHOLOD CJSC: Proofs of Claim Deadline Set August 28
-------------------------------------------------------------
Creditors of CJSC Berdichev-Kholod (code EDRPOU 30261710) have
until Aug. 28 to submit written proofs of claim to:

         The Economic Court of Zhytomir
         Putiatinskiy Square 3/65
         10014 Zhytomir
         Ukraine

The Economic Court of Zhytomir commenced bankruptcy supervision
procedure on the company.  The case is docketed under Case No.
7/68-b.

The Debtor can be reached at:

         CJSC Berdichev-Kholod
         Volodarsky Str. 65
         Berdichev
         Zhytomir
         Ukraine


DOBRA LLC: Proofs of Claim Deadline Set August 28
-------------------------------------------------
Creditors of LLC Dobra (code EDRPOU 03791315) have until Aug. 28
to submit written proofs of claim to:

         Valentine Shepotinnik
         Temporary Insolvency Manager
         Dzerzhynsky Str. 64-A
         25006 Kirovograd
         Ukraine

The Economic Court of Cherkassy commenced bankruptcy supervision
procedure on the company on June 26.  The case is docketed under
Case No. 14/3057.

The Court is located at:

         The Economic Court of Cherkassy
         Shevchenko Avenue 307
         18005 Cherkassy
         Ukraine

The Debtor can be reached at:

         LLC Dobra
         Dobra
         Mankovsky District
         20142 Cherkassy
         Ukraine


IMPEX-TK LTD: Creditors Must File Claims by August 28
-----------------------------------------------------
Creditors of have until Aug. 28 to submit written proofs of
claim to:

         The Economic Court of Odessa
         Shevchenko Avenue 4
         65032 Odessa
         Ukraine

The Economic Court of Odessa commenced bankruptcy proceedings
against the company after finding it insolvent.  The case is
docketed under Case No. 2/111-07-4343.

The Debtor can be reached at:

         LLC Impex-TK Ltd.
         Kalantaevskaya Str. 27/33
         Odessa
         Ukraine


KARA-GOL LLC: Proofs of Claim Deadline Set August 28
----------------------------------------------------
Creditors of LLC Kara-Gol (code EDRPOU 22291050 have until
Aug. 28 to submit written proofs of claim to:

         Vasily Shvaykin
         Temporary Insolvency Manager
         Apartment 4
         Sebastopol Str. 41/2
         Simferopol
         95000 AR Krym
         Ukraine

The Economic Court of AR Krym commenced bankruptcy supervision
procedure on the company on July 2.  The case is docketed under
Case No. 2-17/550-2007.

The Court is located at:

         The Economic Court of AR Krym
         Karl Marks Str. 18
         Simferopol
         95000 AR Krym
         Ukraine

The Debtor can be reached at:

         LLC Kara-Gol
         Yuzhnoberezhnoe Highway 1/4
         Gaspra
         Yalta
         98660 AR Krym
         Ukraine


MINE BORING: Creditors Must File Claims by August 28
----------------------------------------------------
Creditors of State OJSC Special Mine Boring (code EDRPOU
00174777) have until Aug. 28 to submit written proofs of claim
to:

         Anatoly Ivashchenko
         Liquidator
         October Str. 82/a
         83050 Donetsk
         Ukraine

The Economic Court of Donetsk commenced bankruptcy proceedings
against the company after finding it insolvent.  The case is
docketed under Case No. 45/8B.

The Court is located at:

         The Economic Court of Donetsk
         Artema Str. 157
         83048 Donetsk
         Ukraine

The Debtor can be reached at:

         State OJSC Special Mine Boring
         Magdeburg Str. 1
         87038 Donetsk
         Ukraine


MOTO-DOR LLC: Creditors Must File Claims by August 28
-----------------------------------------------------
Creditors of LLC Moto-Dor (code EDRPOU 25488936) have until
Aug. 28 to submit written proofs of claim to:

The Court is located at:

         The Economic Court of Zaporozhje
         Shaumiana Str. 4
         69001 Zaporozhje
         Ukraine

The Economic Court of Zaporozhje commenced bankruptcy
proceedings against the company after finding it insolvent.  The
case is docketed under Case No. 21/219-25/261.

The Debtor can be reached at:

         LLC Moto-Dor
         Kirov Str. 175
         Melitopol
         72319 Zaporozhje
         Ukraine


ORMIS LLC: Creditors Must File Claims by August 28
--------------------------------------------------
Creditors of LLC Ormis (code EDRPOU 32379695) have until Aug. 28
to submit written proofs of claim to:

         Denis Maliusika
         Liquidator
         Apartment 48
         Lukianovskaya Str. 63
         04071 Kiev
         Ukraine         

The Economic Court of Kiev commenced bankruptcy proceedings
against the company after finding it insolvent.  The case is
docketed under Case No. 15/160-b.

The Court is located at:

         The Economic Court of Kiev
         B. Hmelnitskij Boulevard 44-B
         01030 Kiev
         Ukraine

The Debtor can be reached at:

         LLC Ormis
         V. Khvoyka Str. 21
         04080 Kiev
         Ukraine


UDICH-SUGAR LLC: Proofs of Claim Deadline Set August 28
-------------------------------------------------------
Creditors of LLC Udich-Sugar (code EDRPOU 33048903) have until
Aug. 28 to submit written proofs of claim to:

         The Economic Court of Vinnica
         Hmelnickiy Str. 7
         21036 Vinnica
         Ukraine

The Economic Court of Vinnica commenced bankruptcy supervision
procedure on the company.  The case is docketed under Case No.
10/153-07.

The Debtor can be reached at:

         LLC Udich-Sugar
         Zavodskaya Str. 1
         Udich
         Teplitsky District
         23853 Vinnica
         Ukraine


VIDRODZHENNIA LLC: Creditors Must File Claims by August 28
----------------------------------------------------------
Creditors of Agricultural LLC Vidrodzhennia (code EDRPOU
03732755) have until Aug. 28 to submit written proofs of claim
to:

         The Economic Court of Vinnica
         Hmelnickiy Str. 7
         21036 Vinnica
         Ukraine

The Economic Court of Vinnica commenced bankruptcy proceedings
against the company after finding it insolvent.  The case is
docketed under Case No. 5/283-07.

The Debtor can be reached at:

         Agricultural LLC Vidrodzhennia
         Lenin Str. 1
         Yarovoe
         Shargorod District
         23550 Vinnica
         Ukraine


ZLAGODA OJSCAL: Creditors Must File Claims by August 28
-------------------------------------------------------
Creditors of OJSCAL Zlagoda (code EDRPOU 308085061) have until
Aug. 28 to submit written proofs of claim to:

         The Economic Court of Vinnica
         Hmelnickiy Str. 7
         21036 Vinnica
         Ukraine

The Economic Court of Vinnica commenced bankruptcy proceedings
against the company after finding it insolvent.  The case is
docketed under Case No. 10/152-07.

The Debtor can be reached at:

         OJSCAL Zlagoda
         Vatutin Str. 9
         Shargorod
         23500 Vinnica
         Ukraine


===========================
U N I T E D   K I N G D O M
===========================


ACCORD INTERNATIONAL: Claims Filing Period Ends September 27
------------------------------------------------------------
Creditors of Accord International Trading Co. Ltd. (formerly
Shelfco (No 1285) Ltd.) have until Sept. 27 to send in their
full names, their addresses and descriptions, full particulars
of their debts or claims and the names and addresses of their
solicitors (if any) to:

         Vincent John Green
         Joint Liquidator
         Vantis Business Recovery Services
         Judd House
         16 East Street
         Tonbridge
         TN9 1HG
         England

Vincent John Green and Mark Newman of Vantis Business Recovery
Services were appointed joint liquidators of the company on
Aug. 16 for the creditors' voluntary winding-up proceeding.


AEFOS LTD: C. B. Barrett Leads Liquidation Procedure
----------------------------------------------------
C. B. Barrett of Tenon Recovery was appointed liquidator of
Aefos Ltd. on Aug. 16 for the creditors' voluntary winding-up
procedure.

Creditors of the company are required to send their names and
addresses and particulars of their claims to the liquidator
within three months following the date of liquidation.

The liquidator can be reached at:

         Tenon Recovery
         Clive House
         Clive Street
         Bolton
         BL1 1ET
         England


AEOLUS CDO: S&P Rates GBP8 Million Class E Notes at BB-
-------------------------------------------------------
Standard & Poor's Ratings Services assigned its preliminary
credit ratings to the GBP104 million secured credit-linked
floating-rate notes (Colonnade IV) to be issued by Aeolus CDO
Ltd.
  
The transaction will be a synthetic CDO with certain cash flow
CDO features.  Since the ABS reference obligations are
synthetically referenced, the excess spread modeled in the cash
flows and used to pay the notes will actually come from the
amounts paid quarterly by the CDS counterparty to the issuer
under the CDS.
  
The issuer itself will purchase protection against losses
through the issue of credit-linked notes referenced to that
portfolio.
  
The proceeds of the credit-linked notes will be invested in
'AAAm' rated collateral securities to support the notes.  The
notes will be secured over the collateral and agreements.
  
The reference portfolio is expected to be 80% ramped up at
closing and fully ramped up within six months from closing.  The
weighted-average life is expected to be approximately 7.55 years
at closing.  There will be a six-year replenishment period.

                          Ratings List
  
Aeolus CDO Ltd.
   GBP120.8 Million Secured Credit-Linked Floating-Rate Notes
   (Colonnade IV)
  
                          Prelim.        Prelim. Amount
           Class          Rating           (Mln. GBP)
           -----          ------            --------
            A              AAA                32.0
            B              AA                 21.3
            C              A                  21.4
            D              BBB-               21.3
            E              BB-                 8.0
            Subordinated   NR                 16.8
  
      NR -- Not rated.


BAA LTD: Two Media Relations Chiefs Quit Over Media Clampdown
-------------------------------------------------------------
BAA Ltd. (fka BAA plc) has confirmed the resignation of two of
its media relations chiefs, AFX News reports.

According to the report, Mark Mann, head of media relations, and
Duncan Bonfield, corporate affairs director, quit after BAA's
Spanish owner Grupo Ferrovial SA imposed a media clampdown
following heavy criticisms hurled at the British airports
operator for its management of Heathrow.

The Daily Telegraph says Messrs. Mann and Bonfield were
instructed not to speak to the press, although they were allowed
to answer routine factual questions.

BAA revealed Mr. Bonfield will accept a role with another
company.

BAA declined to elaborate further on the departure of the two
executives but stated, "there's an orderly transition in place
to renew the communications area."

Malcolm Robertson, the director of communications for BAA
Scotland and BAA's public affairs director, has been appointed
as interim group communications director with immediate effect,
AFX News relates.

However, the appointment is on a temporary basis while BAA seeks
for a group director of corporate and public affairs.

BAA already lost nine senior executives since the Ferrovial
takeover, Alistair Osborne writes for the Daily Telegraph.

                           About BAA

Headquartered in London, United Kingdom, BAA Ltd. (fka BAA plc)
-- http://www.baa.com/-- owns and operates seven airports in
the United Kingdom, including Heathrow, the world's busiest
international airport, and Budapest Airport, serving 700
destinations by around 300 airlines.

In June 2006, BAA was bought by a consortium led by Grupo
Ferrovial SA, the Spanish construction company.  Ferrovial is
one of the world's leading construction groups, specializing in
four strategic lines of business - airports, construction,
transport infrastructure and services - throughout Spain, the
U.K., Portugal and nine other countries in Europe and the rest
of the world. The company has around 89,000 employees and a net
revenue of EUR12.4 billion.

                           *   *   *

As of July 20, 2007, BAA Ltd. (fka BAA plc) carries an issuer
rating of Ba1 from Moody's Investor Service.


BRITISH AIRWAYS: U.S. Court Upholds US$300 Mln Price Fixing Fine
----------------------------------------------------------------
The U.S. District Court for the District of Columbia has
approved the plea agreement between British Airways plc and the
U.S. Department of Justice on fines of US$300 million for
infringements of competition law in the company's long-haul
passenger and cargo businesses.

The court agreed that the substantial cooperation provided by
British Airways to the U.S. government justified a significant
reduction in fines which under Sentencing Guidelines ranged from
US$450 million to US$900 million.

"As I have previously stated any anti-competitive behavior is to
be condemned at British Airways or at other companies.  It will
not be tolerated and we remain vigilant in this respect," Willie
Walsh, chief executive of British Airways, said.

The court decision concludes the DoJ's criminal investigation
into British Airways.  The DoJ's investigation into the conduct
of individuals continues.

"[Thurs]day's sentencing demonstrates that those who violate the
antitrust laws and seek to deny American consumers and
businesses the benefits of competition will be held accountable
for their actions," Scott D. Hammond, deputy assistant attorney
general for criminal enforcement of the DOJ's Antitrust
Division, said.  "The Antitrust Division is actively continuing
its investigation into the air transportation industry."

According to the Scotsman, investigation will now center on
whether senior BA staff should be penalized for their
involvement in the price fixing of passenger fuel charges.

As previously reported in the TCR-Europe on Aug. 8, 2007, it was
speculated that current BA executives, who are not protected by
the plea agreement, would be among those the DOJ will name
during the arraignment.

However, the DOJ did not mention any names in the court.

Former BA executives Martin George and Iain Burns were earlier
identified in connection with the case.  The two executives, who
resigned last year, may face criminal charges, The Sunday
Telegraph relates.

A report in the Class Action Reporter on Aug. 6, 2007, relates
that the decisions by competition regulators in the U.S. and
U.K. to fine BA for colluding to fix surcharges on tickets are
expected to spark class actions against the company.

As many as 20 million passengers could file claims of up to
GBP165 per return flight against the company, lawyers said,
according to The Scotsman.  The U.S. law firm Cohen, Milstein,
Hausfeld & Toll has told The Scotsman it planned to launch
proceedings against the airlines.  It has a London office, which
will co-ordinate U.K. clients.

                            DOJ Probe

On Aug. 1, 2007, the DOJ revealed that BA has agreed to plead
guilty and pay US$300 million criminal fines for its role in
conspiracies to fix the prices of passenger and cargo flights.

The charges against the airline were filed in the U.S. District
Court for the District of Columbia.

The DOJ said that passengers who flew on BA flights between the
U.K. and the U.S. during the charged period paid more for their
tickets as a result of the illegal cartel.  In 2004, BA's fuel
surcharge for round-trip passenger tickets was around US$10 per
ticket.  By the time the passenger conspiracy was cracked in
2006, the surcharge was nearly a 10-fold increase to US$110 per
ticke, the Department said.  The Department noted that during
the air cargo conspiracy, BA's fuel surcharge on shipments to
and from the U.S. changed more than 20 times and increased from
four cents per kilogram of cargo shipped to as high as 72 cents
per kilogram.

BA is charged with engaging in a conspiracy to suppress and
eliminate competition by fixing the rates charged to customers
for international air shipments of cargo, including shipments to
and from the U.S.  Billions of dollars of consumer and other
goods, including produce, clothing, electronics and medicines,
are shipped by BA and its competitors in the air cargo industry.  
BA participated in that conspiracy between March 2002 and
February 2006.

The Department also charged that between August 2004 and
February 2006, BA engaged in a conspiracy to suppress and
eliminate competition by fixing the fuel surcharge charged to
passengers on long-haul international flights, including flights
between the U.S. and the U.K.  BA's long-haul flights are
flights between the U.K. and certain foreign destinations,
including any flight to and from the U.S.  Passengers pay
hundreds of millions of dollars in ticket prices each year, and
the conspiracy raised the price on virtually every ticket
purchased between 2004 and 2006 for the conspirators' long-haul
international flights, the Department said.

BA is charged with carrying out the two price-fixing
conspiracies with co-conspirators by, among other methods:

    * participating in meetings, conversations, and
      communications to discuss the cargo rates on shipments to
      and from the U.S. and passenger fuel surcharges
      to be charged for flights between the U.S. and
      the U.K.;

    * agreeing, during those meetings, conversations, and
      communications, on certain components of the cargo rates
      on shipments to and from the U.S. and passenger
      fuel surcharges to levy for flights between the U.S. and
      the U.K.;

    * levying cargo rates and passenger fuel surcharges in
      accordance with the agreements reached; and

    * engaging in meetings, conversations, and communications to
      monitor and enforce the agreed-upon rates.

BA is charged with two counts of price fixing in violation of
the Sherman Act.  Each count of the Sherman Act carries a
maximum sentence of 10 years of imprisonment for individuals and
a fine of US$100 million for corporations.  The maximum fine may
be increased to twice the gain derived from the crime or twice
the loss suffered by the victims of the crime, if either of
those amounts is greater than the statutory maximum fine.

                           OFT Probe

As previously reported in the TCR-Europe on Aug. 2, 2007, BA has
admitted collusion over the price of "long-haul passenger fuel
surcharges" and will pay a penalty of GBP121.5 million to be
imposed by the U.K. Office of Fair Trading, thus enabling the
OFT to close its civil investigation and resolve this case.  The
penalty will be the highest ever imposed by the OFT for
infringements of competition law, and demonstrates the
determination of the OFT to deal vigorously with anti-
competitive behavior.

BA has admitted that between August 2004 and January 2006, it
colluded with Virgin Atlantic over the surcharges which were
added to ticket prices in response to rising oil prices.  Over
that period, the surcharges rose from GBP5 to GBP60 per ticket
for a typical BA or Virgin Atlantic long-haul return flight.

Virgin Atlantic is not expected to pay any penalty as it
qualifies in principle for full immunity under the OFT's
leniency policy.  Under this policy, a company which has been
involved in cartel conduct and which is the first to give full
details about it to the OFT will qualify for immunity from
penalties in relation to that conduct.  In addition, any company
staff involved in the price fixing disclosed will qualify for
immunity from criminal prosecution in relation to that conduct.
The OFT's investigation was prompted after Virgin Atlantic came
forward with information about price fixing with BA over the
surcharges.  BA has also provided full co-operation
with the OFT's investigation under the leniency program and this
is reflected in the penalty .

BA accepts the OFT's finding that on at least six occasions the
two companies discussed and/or informed each other about
proposed changes to the level of the surcharges, rather than
setting levels independently as required under clear and
well-established competition law principles.

The OFT's investigation was conducted in parallel with a similar
case brought by the United States Department of Justice.  The
investigations by the OFT and DoJ were separate but the two
agencies have consulted each other closely throughout.

In addition to the investigation into BA's corporate
conduct under civil competition law, the OFT is also conducting
a criminal investigation into whether any individuals
dishonestly fixed the levels of the surcharges - an offence
under the Enterprise Act.  The corporate admission by British
Airways that it infringed civil competition law does not imply
that any individuals dishonestly fixed prices contrary to the
Enterprise Act.  The criminal investigation is ongoing and no
conclusions have been reached as to whether criminal proceedings
against individuals can or should be brought.

BA previously disclosed that it made a provision of GBP350
million for the claims.

"The figure is our best estimate and that remains the case, " a
BA spokesman was quoted by The Sunday Telegraph as saying.

However, he stressed that the provision is not a ceiling for the
total of penalties and civil claims.

Headquartered in West Drayton, United Kingdom, British Airways
Plc -- http://www.ba.com/-- operates of international and     
domestic scheduled and charter air services for the carriage of
passengers, freight and mail, and provides of ancillary
services.  The British Airways group consists of British Airways
Plc and a number of subsidiary companies including in particular

British Airways Holidays Ltd. and British Airways Travel
Shops Ltd.  BA has offices in India and Guatemala.

                         *     *     *

As reported in the TCR-Europe on Aug. 16, 2007, Moody's
Investors Service upgraded the senior unsecured rating
of British Airways plc to Ba1, one notch lower than the
Corporate Family Rating (upgraded to Baa3, stable outlook),
reflecting the subordination of unsecured debt to a substantial
portion of secured debt.

The debt instruments affected by the rating action are:

   -- GBP100 million 10.875% senior unsecured notes due 2008 to
      Ba1 from Ba2;

   -- GBP250 million 7.25% senior unsecured notes due 2016 to
      Ba1 from Ba2;

   -- US$115 million 5.25% and US$85 million 7.625% senior
      unsecured industrial revenue notes due 2032 to Ba1 from
      Ba2;

   -- EUR300 million 6.75% perpetual guaranteed preferred
      securities to Ba2 from Ba3 (issued by British Airways
      Finance (Jersey) L.P.).


CABLE & WIRELESS: Unit Says Networks Unaffected by Hurricane
------------------------------------------------------------
Cable & Wireless' Jamaican unit told the Jamaica Gleaner that
its mobile and fixed networks are continuing operations,
unaffected by Hurricane Dean.

The Gleaner relates that Cable & Wireless conducted a
comprehensive assessment of its two networks in Jamaica.

Cable & Wireless said in a statement that there were some
service interruptions.  However, most of the major faults have
been corrected and the company's repair crews are working to
address all "outstanding issues."

The Gleaner notes that the major issues that have been addressed
were:

         -- the microwave line connecting St. Thomas into Cable
            & Wireless' mobile network; and

         -- the fiber optic cable that affected service in
            Manchester, St. Elizabeth and Clarendon.

Cable & Wireless' corporate communications and corporate affairs
vice president Errol K. Miller said in a statement that the
priority areas that remain to be corrected and that are actively
being addressed are:

         -- the Mandeville Exchange, where about 1,000 customer
            are without fixed line service because the exchange
            was flooded and equipment damaged;

         -- an antennae in Laughlands in, St. Ann, that was
            blown out to another antennae at Huntley in, St.
            Elizabeth, which was also blown out and is
            affecting service in Whitehouse, Junction, Malvern,
            Thornton and Siloah;

         -- the flooded equipment in Old Harbour Bay, St.
            Catherine, has left the area without service; and

         -- a problem with a generator is affecting service in
            the Tower Isle St. Ann area.

Interrupted service in some areas may be due to the lack of the
public power supply, The Gleaner relates.  Service will be
restored as soon as the power is back.

"Once again, Cable & Wireless is reminding the public not to cut
telephone cables that may have come loose from poles or were
shifted out of position.  If the cable is not broken, service
will remain uninterrupted.  Cable & Wireless is therefore
strongly appealing to members of the public not to cut or
otherwise damage these cables.  Instead, the company is asking
that all such occurrences be reported to its Emergency Control
Centre at 929-9834 or 926-9283 and a crew will be dispatched to
carry out repairs as soon as it is safe to do so.  In addition,
the company's call centre should be fully operational at noon
today and customers are being encouraged to report any and all
issues by calling, charge free to1-888-225-5295," Mr. Miller
said in a statement.

Headquartered in London, Cable & Wireless Plc --
http://www.cw.com/new/-- provides voice, data and IP (Internet
Protocol) services to business and residential customers, as
well as services to other telecoms carriers, mobile operators
and providers of content, applications and Internet services.
The company has operations are in the United Kingdom, India,
China, the Cayman Islands and the Middle East.

                         *     *     *

In April 2007, in connection with the implementation of its new
Probability-of-Default and Loss-Given-Default rating methodology
for the corporate families in the Telecommunications, Media and
technology sector, Moody's Investors Service confirmed its Ba3
Corporate Family Rating for Cable & Wireless Plc.

Moody's also assigned a Ba3 Probability-of-Default rating to the
company.

* Issuer: Cable & Wireless Plc

                                          Projected
                        Debt     LGD      Loss-Given
Debt Issue              Rating   Rating   Default
----------              -------  -------  --------
4% Senior Unsecured
Conv./Exch.
Bond/Debenture
Due 2010                B1       LGD4     60%

GBP200 million
8.75% Senior
Unsecured Regular
Bond/Debenture
Due 2012                B1       LGD4     60%


CAIRN EURO: Fitch Assigns BB- Ratings to Class C Notes
------------------------------------------------------
Fitch has assigned final ratings to Cairn Euro ABS CDO I PLC's
issue of EUR350 million floating-rate notes due 2087 and
EUR4.75 million Class X senior floating-rate notes note due
2015.  The transaction is a managed securitization of structured
finance assets, primarily consisting of European mezzanine
residential and commercial mortgage-backed securities and CDOs.

   -- EUR4.75 million Class X senior floating-rate notes: 'AAA'

   -- EUR262.5 million Class A1S floating-rate notes: 'AAA'

   -- EUR13.3 million Class A1J floating-rate notes: 'AAA'

   -- EUR24.5 million Class A2 floating-rate notes: 'AA'

   -- EUR19.25 million Class A3 deferrable floating-rate notes:
      'A-'

   -- EUR10.85 million Class B deferrable floating-rate notes:
      'BBB-'

   -- EUR6.475 million Class C deferrable floating-rate notes:
      'BB-'

   -- The EUR13.125 million subordinated notes are not rated.

The Class X, A1S, A1J and A2 notes ratings address the ultimate
repayment of principal at maturity and the timely payment of
interest when due, according to the terms of the notes.  The
Class A3, B and C notes ratings address the ultimate payment of
principal and interest, including deferred interest, at maturity
according to the terms of the notes.

Credit enhancement for the Class A1S notes, in the form of
subordination, totals 24.63%, and is provided by the Class A1J
notes (3.82%), Class A2 notes (7.03%), Class A3 notes (5.53%),
Class B notes (3.12%), Class C notes (1.86%) and subordinated
notes (3.28%).

The ratings also take into account the quality and diversity of
the portfolio of assets, which are selected by the collateral
manager, Cairn Financial Products Limited, subject to the
guidelines outlined in the collateral management agreement.  The
guidelines limit the collateral manager's portfolio allocations
with respect to obligor, sector and asset type.  Fitch assigned
a CDO Asset Manager Rating of 'CAM2-' for structured finance
CDOs to Cairn Financial Products Limited on July 13, 2007, based
primarily on Cairn's highly successful, albeit recently
established, business franchise, the deep experience of the
executive management team and the demonstrated commitment to the
core CDO platforms.

At closing 94.3% of the target par amount of EUR348.3 million is
currently ramped and the portfolio comprised 76 assets with a
weighted average rating factor of 5.02 (commensurate with a
weighted average rating of 'BBB'/'BBB-').  The structured
finance securities include mainly cash and synthetically-
referenced RMBS, CMBS, consumer ABS and CLO securities.  The
current weighted average life is 6.47 years.  Amortizing
proceeds will only be reinvested over the first five years
following the ramp-up period.


CODEX INTEGRATION: Claims Filing Period Ends October 10
-------------------------------------------------------
Creditors of Codex Integration Ltd. have until Oct. 10 to send
their names and addresses, and particulars of their claims to:

         David Antony Willis and Matthew Colin Bowker
         Joint Liquidators
         Tenon Recovery
         The Exchange
         Harrogate
         HG1 1TS
         England

David Antony Willis and Matthew Colin Bowker of Tenon Recovery
were appointed joint liquidators of the company on Aug. 10 for
the creditors' voluntary winding-up procedure.


COUNTRY ARTISTS: Lloyds TSB Appoints KPMG as Receivers
------------------------------------------------------
Lloyds TSB Bank Plc appointed Mark Jeremy Orton and Allan Watson
Graham of KPMG LLP joint administrative receivers of Country
Artists Ltd. (Company Number 01350860) on Aug. 10.

KPMG LLP -- http://www.kpmg.co.uk/-- offers accounting, audit,  
and tax-related services to customers in such target industries
as banking, media and entertainment, consumer products, health
care providers, insurance, and pharmaceuticals.  

The company can be reached at:

         Country Artists Ltd.
         Country Artists House
         Loxley Road
         Wellesbourne
         Warwick  
         CV35 9JY
         England


DOMAIN CHOICES: Names Nigel Hamilton-Smith Liquidator
-----------------------------------------------------
Nigel Hamilton-Smith of Vantis was appointed liquidator of
Domain Choices Ltd. on Aug. 15 for the creditors' voluntary
winding-up procedure.

The liquidator can be reached at:

         Vantis
         Torrington House
         47 Holywell Hill
         St. Albans
         Hertfordshire
         AL1 1HD
         England


DURA AUTOMOTIVE: Files Reorganization Plan in Delaware
------------------------------------------------------
DURA Automotive Systems Inc. and its debtor-affiliates filed
their Plan of Reorganization and related Disclosure Statement
with the U.S. Bankruptcy Court for the District of Delaware.  
The Plan and Disclosure Statement provide details on how DURA
intends to treat more than US$1.3 billion of claims and emerge
from Chapter 11 protection in the fourth quarter of 2007.

"[Tues]day represent[ed] another significant step towards
achieving our goal of quickly emerging from Chapter 11 as a
stronger, more competitive company," said Larry Denton, chairman
and chief executive officer of Dura Automotive Systems.  "This
plan lays the foundation for DURA to intensify its Global
Automotive focus and deliver unrivaled value to our customers.  
A solid financial structure, attractive to both top industry
talent and capital investments, will bolster our ability to
offer breakthrough innovation and cost-competitive products."

DURA's Plan provides for these creditor recoveries:

   -- Cash payment in full of all allowed debtor-in-possession
      claims, administrative expenses, priority claims and
      second lien secured claims;

   -- Conversion of allowed senior notes and allowed general
      unsecured claims of more than US$75,000 into between 57.4%
      to 60.7% of reorganized DURA's new common stock; and

   -- Cash payment in lieu of an equity distribution of all
      allowed trade claims and allowed general unsecured claims
      of US$75,000 or less.

The Plan further provides that there will be no recoveries for
subordinated notes' and convertible preferred securities'
claims, nor will the Debtors common stock holders receive any
recoveries.

The Plan will be partly funded through exit financing that the
Debtors intends to procure prior to emergence.  Additional Plan
funding will come from a fully backstopped new money equity
investment of between US$140 million to US$160 million in
exchange for between 39.3% and 42.6% of Reorganized Dura's
common stock.  Senior notes claims holders that are accredited
investors will be eligible to subscribe for their pro rata
shares of the new money investment.

On Aug. 15, 2007, the Bankruptcy Court authorized the Debtors to
enter into an Amended Backstop Agreement with Pacificor LLC to
provide the backstop commitment for the new money equity
investment.  Pursuant to its backstop commitment, Pacificor will
purchase any reorganized DURA common stock not subscribed for by
senior notes claims holders.

               Additional Information and Next Steps

The Disclosure Statement is intended to provide DURA's creditors
with sufficient information necessary to evaluate and vote on
the Plan.  Descriptions of creditor classes, a valuation
analysis of the Debtors, and details on the voting process and
voter eligibility requirements are included in the Disclosure
Statement.

A hearing is scheduled for Sept. 26, 2007, at which time the
Court will evaluate DURA's Disclosure Statement to determine
whether it contains "adequate information" to enable creditors
to vote to accept the Plan.  The Court will approve Plan
solicitation procedures and materials that will allow the
Debtors to solicit votes to accept the Plan.  The Court will
also set a hearing date for Plan confirmation.

Once the Disclosure Statement and solicitation procedures and
materials have been approved, the Debtors balloting agent will
distribute ballots and accompanying support materials to parties
eligible to vote to accept or reject the Plan.

DURA was advised by AlixPartners, Kirkland & Ellis and Miller
Buckfire in connection with its Chapter 11 reorganization.

                        No Solicitation

Neither the Disclosure Statement that was filed today nor this
press release are solicitations for votes to accept the Plan.  
Parties should refer to the Plan and the Disclosure Statement
for information regarding the Plan, creditor recoveries
contemplated thereby and other related matters.

                      About DURA Automotive

Rochester Hills, Mich.-based DURA Automotive Systems Inc.
(Nasdaq: DRRA) -- http://www.DURAauto.com/-- is an independent
designer and manufacturer of driver control systems, seating
control systems, glass systems, engineered assemblies,
structural door modules and exterior trim systems for the global
automotive industry.  The company is also a supplier of similar
products to the recreation vehicle and specialty vehicle
industries.  DURA sells its automotive products to North
American, Japanese and European original equipment manufacturers
and other automotive suppliers.

The company has three locations in Asia -- China, Japan
and Korea.  It has locations in Europe and Latin-America,
particularly in Mexico, Germany and the United Kingdom.

The Debtors filed for chapter 11 petition on Oct. 30, 2006
(Bankr. D. Del. Case No. 06-11202).  Richard M. Cieri, Esq.,
Marc Kieselstein, Esq., Roger James Higgins, Esq., and Ryan
Blaine Bennett, Esq., of Kirkland & Ellis LLP are lead counsel
for the Debtors' bankruptcy proceedings.  Mark D. Collins, Esq.,
Daniel J. DeFranseschi, Esq., and Jason M. Madron, Esq., of
Richards Layton & Finger, P.A. Attorneys are the Debtors' co-
counsel.  Baker & McKenzie acts as the Debtors' special counsel.  
Togut, Segal & Segal LLP is the Debtors' conflicts counsel.  
Miller Buckfire & Co., LLC is the Debtors' investment banker.  
Glass & Associates Inc., gives financial advice to the Debtor.  
Kurtzman Carson Consultants LLC handles the notice, claims and
balloting for the Debtors and Brunswick Group LLC acts as their
Corporate Communications Consultants for the Debtors.  As of
July 2, 2006, the Debtor had US$1,993,178,000 in total assets
and US$1,730,758,000 in total liabilities.


HUMBERSIDE PRESSURE: Claims Filing Period Ends September 13
-----------------------------------------------------------
Creditors of Humberside Pressure Cleaning Systems Ltd. have
until Sept. 13 to send their names and addresses and particulars
of their claims to:

         M. C. Bowker and D. A. Wills
         Joint Liquidators
         Tenon Recovery
         Lowgate House
         Lowgate
         Hull
         HU1 1EL
         England

M. C. Bowker and D. A. Wills of Tenon Recovery were appointed
joint liquidators of the company on Aug. 8 for the creditors'
voluntary winding-up proceeding.


INTER-ALLIANCE LTD: Taps Liquidators from PricewaterhouseCoopers
----------------------------------------------------------------
Ian Christopher Oakley-Smith and Michael John Andrew Jervis of
PricewaterhouseCoopers LLP were appointed joint liquidators of
Inter-Alliance (Group Practices) Ltd. (formerly Inter-Alliance
Plc) on Aug. 14 for the creditors' voluntary winding-up
procedure.


The joint liquidators can be reached at:

         PricewaterhouseCoopers LLP
         12 Plumtree Court
         London
         EC4A 4HT
         England

The company can be reached at:

         Inter-Alliance (Group Practices) Ltd.
         First Floor
         Knollys House
         17 Addiscombe Road
         Croydon
         Surrey
         CR0 6SR
         England


SALTBURN PUB: Appoints Michael C. Kienlen as Liquidator
-------------------------------------------------------
Michael C. Kienlen of Armstrong Watson was appointed liquidator
of Saltburn Pub Co. Ltd. (t/a The Victoria Pub) on Aug. 8 for
the creditors' voluntary winding-up procedure.

The liquidator can be reached at:

         Armstrong Watson
         Central House
         47 St. Paul's Street
         Leeds
         LS1 2TE
         England


SPORTS ON THE INTERNET: Brings In Liquidator from Vantis
--------------------------------------------------------
Nigel Hamilton-Smith of Vantis was appointed liquidator of
Sports on the Internet Ltd. on Aug. 15 for the creditors'
voluntary winding-up proceeding.

The liquidator can be reached at:

         Vantis
         Torrington House
         47 Holywell Hill
         St. Albans
         Hertfordshire
         AL1 1HD
         England


W FISHER & SONS: Appoints Begbies Traynor as Administrators
-----------------------------------------------------------
D.F. Wilson and J.N.R. Pitts of Begbies Traynor were appointed
joint administrators of W.Fisher & Sons (Tilers) Ltd. (Company
Number 00304738) on Aug. 15.

Begbies Traynor -- http://www.begbies.com/-- assists companies,  
creditors, financial institutions and individuals on all aspects
of financial restructuring and corporate recovery.  

Headquartered in Huddersfield, England, W.Fisher & Sons (Tilers)
Ltd. -- http://www.fishertile.co.uk/-- supplies and installs  
ceramic wall and floor tiles.


WORLDANSWER LTD: Taps Nigel Hamilton-Smith to Liquidate Assets
--------------------------------------------------------------
Nigel Hamilton-Smith of Vantis was appointed liquidator of
Worldanswer Ltd. on Aug. 15 for the creditors' voluntary
winding-up proceeding.

The liquidator can be reached at:

         Vantis
         Torrington House
         47 Holywell Hill
         St. Albans
         Hertfordshire
         AL1 1HD
         England


* BOND PRICING: For the Week Aug. 20 to Aug. 24, 2007
-----------------------------------------------------
Issuer                    Coupon   Maturity   Currency   Price
------                    ------   --------   --------   -----

AUSTRIA
-------
Kommunal Kredit
  Austria AG              0.500    03/15/19     CDN      60.91
                          0.250    10/14/26     CDN      38.23
Republic of Austria       4.000    06/22/22     EUR      72.08
                          0.396    08/04/25     EUR      65.98
                          5.000    10/10/25     EUR      62.19


FINLAND
-------
Muni Finance PLC          1.000    03/19/13     AUD      73.35
                          0.500    04/26/13     AUD      70.63
                          1.000    11/21/16     NZD      56.84
                          0.500    09/24/20     CDN      55.60
                          0.250    06/28/40     CDN      19.97

FRANCE
------
Accor S.A.                1.750    01/01/08     EUR      60.05
Alcatel S.A.              4.750    01/01/11     EUR      16.34
Altran Technologies S.A.  3.750    01/01/09     EUR      12.46
BNP Paribas               0.250    12/20/14     US$      69.25
CAP Gemini S.A.           2.500    01/01/10     EUR      56.20
                          1.000    01/01/12     EUR      52.64
Club Mediterranee S.A.    3.000    11/01/08     EUR      67.02
                          4.375    11/01/10     EUR      55.29
FCC Rome Alliance
    Funding               2.256    01/08/21     EUR      73.26
Havas S.A.                4.000    01/01/09     EUR      10.80
Infogrames
   Entertainment S.A.     1.500    07/01/11     EUR      23.49
Ingenico                  2.750    01/01/12     EUR      19.27
Maurel & Prom             3.500    01/01/10     EUR      21.59
Publicis Group            0.750    07/17/08     EUR      32.99
                          1.000    01/18/18     EUR      43.21
Rallye                    3.750    01/01/08     EUR      50.29
Rhodia S.A.               0.500    01/01/14     EUR      45.13
Scor S.A.                 4.125    01/01/10     EUR       2.22
Soc Air France            2.750    04/01/20     EUR      32.14
Soitec                    4.625    12/20/09     EUR      13.71
Thomson (EX-TMM)          1.000    01/01/08     EUR      39.40
Valeo                     2.375    01/01/11     EUR      48.02
Vivendi Universal S.A.    1.750    10/30/08     EUR      31.70
Wavecom S.A.              1.750    01/01/14     EUR      28.79
Wendel Invest S.A.        2.000    06/19/09     EUR      49.93

GERMANY
-------
KfW Bankengruppe          0.500    10/30/13     AUD      67.97
                          0.500    12/19/17     EUR      66.57
                          5.000    05/23/20     EUR      74.58
                          1.250    07/07/20     EUR      72.00
                          1.250    07/29/20     EUR      72.31
                          6.000    07/21/25     EUR      68.09
                          8.000    08/10/30     EUR      65.23
Landeskreditbank Baden-
   Wuerttemberg Foerderbk 0.500    05/10/27     CDN      41.23
Landwirtschaftliche
   Rentenbank AG          1.000    03/29/17     NZD      55.93

GREECE
------
Hellenic Republic         0.628    07/13/20     EUR      68.00
Hellenic Republic         0.990    07/07/24     EUR      67.48
Hellenic Republic         6.000    07/06/24     EUR      71.94

ICELAND
-------
Kaupthing Bank            6.500    02/03/45     EUR      68.94

IRELAND
-------
Depfa ACS Bank            0.500    03/03/25     CDN      47.96
                          0.250    07/08/33     CDN      27.17
Irish Perm Plc            6.125    02/15/35     EUR      66.20
Magnolia Finance IV Plc   1.050    12/20/45     US$      27.78

ITALY
-----
Dexia Crediop S.p.A.      0.000    03/15/16     EUR      72.17

LUXEMBOURG
----------
Teksid Aluminum S.A.     12.375    07/15/11     EUR      42.38

NETHERLANDS
-----------
ABN AMRO Bank N.V.        6.250    06/29/35     EUR      69.50
BK Ned Gemeenten          0.500    06/27/18     CDN      61.77
                          0.500    02/24/25     CDN      45.02
EM.TV Finance B.V.        5.250    05/08/13     EUR       5.82
Energy Group O/S          7.425    10/15/17     US$      35.00
KBC Ifima B.V.            3.500    02/07/25     US$      73.38
Lehman Bros TSY B.V.      2.000    02/16/15     EUR      78.03
                          1.000    06/06/17     EUR      74.28
                          6.000    02/15/35     EUR      70.83
                          6.000    02/16/35     EUR      78.03
                          8.250    03/16/35     EUR      61.17
                          7.000    05/17/35     EUR      64.19
                          7.250    10/05/35     EUR      59.08
                          6.000    11/02/35     EUR      62.33
Ned Waterschapbk          6.000    06/01/35     EUR      71.33
                          6.500    08/15/35     EUR      65.18
                          6.000    06/30/45     EUR      68.31
Rabobank Groep N.V.       6.000    04/08/20     EUR      72.15
                          3.100    11/15/24     US$      73.85
                          6.000    02/22/35     EUR      70.12
                          2.000    02/23/35     EUR      62.65
                          7.000    02/28/35     EUR      69.88
                          7.000    03/23/35     EUR      65.77
                          6.000    05/09/35     EUR      72.62

NORWAY
------
Kommunalbanken A.S.       0.500    02/07/13     AUD      70.78

SWEDEN
------
AB Svensk Export          0.500    03/27/13     AUD      70.96

SWITZERLAND
-----------
UBS AG                    1.000     09/28/11    NZD      75.53
                          1.000     10/27/11    NZD      75.15
                          1.000     11/29/11    NZD      74.73
                          1.000     12/21/11    NZD      74.83
                          1.000     01/25/12    NZD      74.41
                          1.000     02/27/12    NZD      74.01
                          1.000     03/28/12    NZD      73.23
                          1.000     06/28/12    NZD      72.13
                          1.000     07/30/12    NZD      72.17

TURKEY
------
Republic of Turkey       14.000     01/19/11    TRY      90.64

UNITED KINGDOM
--------------
Anglian Water
   Finance Plc            2.400     04/20/35    GBP      55.60
HBOS Treasury
   Services Plc           6.000     02/07/35    EUR      70.14
National Grid Gas Plc     1.754     10/17/36    GBP      46.03
                          1.771     03/30/37    GBP      46.97
Royal BK Scotland Plc     0.250     03/27/14    US$      72.29
                          7.000     06/09/25    EUR      64.03
TXU Eastern Finance Plc   6.750     05/15/09    US$       5.63
Wessex Water Finance Plc  1.369     07/31/57    GBP      30.61

  
                            *********

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
US$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
Thursday's edition of the TCR. Submissions about insolvency-
related conferences are encouraged.  Send announcements to
conferences@bankrupt.com

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/booksto order any title today.

                            *********


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 -- Europe is a daily newsletter co-
published by Bankruptcy Creditors' Service, Inc., Fairless
Hills, Pennsylvania, USA, and Beard Group, Inc., Frederick,
Maryland USA.  Jazel P. Laureno, Julybien Atadero, Carmel Zamesa
Paderog, Joy Agravante, Zora Jayda Zerrudo Sala, Kristina A.
Godinez, and Pius Xerxes Tovilla, Editors.

Copyright 2007.  All rights reserved.  ISSN 1529-2754.

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 Europe subscription rate is US$625 per half-year,
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 US$25 each. For subscription
information, contact Christopher Beard at 240/629-3300.


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