/raid1/www/Hosts/bankrupt/TCRLA

/raid1/www/Hosts/bankrupt/TCRLA_Public/090903.mbx T R O U B L E D C O M P A N Y R E P O R T E R L A T I N A M E R I C A Thursday, September 3, 2009, Vol. 10, No. 174 Headlines A R G E N T I N A DEZAIN SRL: Trustee Verifying Proofs of Claim Until October 5 IMAGINAR VIAJES: Trustee Verifying Proofs of Claim Until Oct. 20 KART SHOW: Creditors' Proofs of Debt Due on October 27 KILOMETRO NOVENTA: Trustee Verifying Proofs of Claim Until Oct. 12 KINLEINER CONSTRUCTORA: Creditors' Proofs of Debt Due on Nov. 11 MADERO TANGO: Trustee Verifying Proofs of Claim Until Oct. 26 MG IDENTIDAD: Creditors' Proofs of Debt Due on September 28 RUBBER ARGENTINA: Creditors' Proofs of Debt Due on November 26 B E R M U D A AQUARIUS FUND: Creditors' Proofs of Debt Due on September 16 AQUARIUS FUND: Member to Hear Wind-Up Report on September 30 TAM TELIUM: Creditors' Proofs of Debt Due on September 16 TAM TELIUM: Members to Hear Wind-Up Report on September 30 C A Y M A N I S L A N D S AGATE IAM: Shareholders to Receive Wind-Up Report on Oct. 13 AMBER IAM: Shareholders to Receive Wind-Up Report on Oct. 13 BREEZE IAM: Shareholders to Receive Wind-Up Report on Oct. 13 DAISY IAM: Shareholders to Receive Wind-Up Report on Oct. 13 DIAMOND IAM: Shareholders to Receive Wind-Up Report on Oct. 13 DIMENSION (IMA): Shareholders to Receive Wind-Up Report on Oct. 13 EMBRYO (IFI): Shareholders to Receive Wind-Up Report on October 13 FOUNTAIN IAM: Shareholders to Receive Wind-Up Report on Oct. 13 INTER SPHERE: Shareholders to Receive Wind-Up Report on Sept. 4 LILAC IAM: Shareholders to Receive Wind-Up Report on Oct. 13 OSPREY IAM: Shareholders to Receive Wind-Up Report on Oct. 13 SEAHAWK IAM: Shareholders to Receive Wind-Up Report on Oct. 13 TITAN IAM: Shareholders to Receive Wind-Up Report on Oct. 13 TULIP IAM: Shareholders to Receive Wind-Up Report on Oct. 13 UNITY IAM: Shareholders to Receive Wind-Up Report on Oct. 13 X X X X X X X X * Upcoming Meetings, Conferences and Seminars - - - - - ================= A R G E N T I N A ================= DEZAIN SRL: Trustee Verifying Proofs of Claim Until October 5 ------------------------------------------------------------- The court-appointed trustee for Dezain S.R.L.'s reorganization proceedings will be verifying creditors' proofs of claim until October 5, 2009. The trustee will present the validated claims in court as individual reports on November 17, 2009. The National Commercial Court of First Instance in Buenos Aires will determine if the verified claims are admissible, taking into account the trustee's opinion, and the objections and challenges that will be raised by the company and its creditors. Inadmissible claims may be subject to appeal in a separate proceeding known as an appeal for reversal. A general report that contains an audit of the company's accounting and banking records will be submitted in court on February 3, 2010. Creditors will vote to ratify the completed settlement plan during the assembly on May 20, 2010. IMAGINAR VIAJES: Trustee Verifying Proofs of Claim Until Oct. 20 ---------------------------------------------------------------- The court-appointed trustee for Imaginar Viajes y Turismo S.A.'s reorganization proceedings will be verifying creditors' proofs of claim until October 20, 2009. The trustee will present the validated claims in court as individual reports on December 1, 2009. The National Commercial Court of First Instance in Buenos Aires will determine if the verified claims are admissible, taking into account the trustee's opinion, and the objections and challenges that will be raised by the company and its creditors. Inadmissible claims may be subject to appeal in a separate proceeding known as an appeal for reversal. A general report that contains an audit of the company's accounting and banking records will be submitted in court on February 12, 2010. Creditors will vote to ratify the completed settlement plan during the assembly on August 18, 2010. KART SHOW: Creditors' Proofs of Debt Due on October 27 ------------------------------------------------------ The court-appointed trustee for Kart Show S.A.'s bankruptcy proceedings will be verifying creditors' proofs of claim until October 27, 2009. The trustee will present the validated claims in court as individual reports on December 9, 2009. The National Commercial Court of First Instance in Buenos Aires will determine if the verified claims are admissible, taking into account the trustee's opinion, and the objections and challenges that will be raised by the company and its creditors. Inadmissible claims may be subject to appeal in a separate proceeding known as an appeal for reversal. A general report that contains an audit of the company's accounting and banking records will be submitted in court on February 23, 2010. KILOMETRO NOVENTA: Trustee Verifying Proofs of Claim Until Oct. 12 ------------------------------------------------------------------ The court-appointed trustee for Kilometro Noventa y Dos S.A.'s bankruptcy proceedings will be verifying creditors' proofs of claim until October 12, 2009. The trustee will present the validated claims in court as individual reports on November 23, 2009. The National Commercial Court of First Instance in Buenos Aires will determine if the verified claims are admissible, taking into account the trustee's opinion, and the objections and challenges that will be raised by the company and its creditors. Inadmissible claims may be subject to appeal in a separate proceeding known as an appeal for reversal. A general report that contains an audit of the company's accounting and banking records will be submitted in court on February 4, 2010. KINLEINER CONSTRUCTORA: Creditors' Proofs of Debt Due on Nov. 11 ---------------------------------------------------------------- The court-appointed trustee for Kinleiner Constructora S.R.L.'s bankruptcy proceedings will be verifying creditors' proofs of claim until November 11, 2009. The trustee will present the validated claims in court as individual reports on December 29, 2009. The National Commercial Court of First Instance in Buenos Aires will determine if the verified claims are admissible, taking into account the trustee's opinion, and the objections and challenges that will be raised by the company and its creditors. Inadmissible claims may be subject to appeal in a separate proceeding known as an appeal for reversal. A general report that contains an audit of the company's accounting and banking records will be submitted in court on March 26, 2010. MADERO TANGO: Trustee Verifying Proofs of Claim Until Oct. 26 ------------------------------------------------------------- The court-appointed trustee for Madero Tango S.A.'s reorganization proceedings will be verifying creditors' proofs of claim until October 26, 2009. The trustee will present the validated claims in court as individual reports on December 9, 2009. The National Commercial Court of First Instance in Buenos Aires will determine if the verified claims are admissible, taking into account the trustee's opinion, and the objections and challenges that will be raised by the company and its creditors. Inadmissible claims may be subject to appeal in a separate proceeding known as an appeal for reversal. A general report that contains an audit of the company's accounting and banking records will be submitted in court on February 19, 2010. Creditors will vote to ratify the completed settlement plan during the assembly on May 4, 2010. MG IDENTIDAD: Creditors' Proofs of Debt Due on September 28 ----------------------------------------------------------- The court-appointed trustee for M.G. Identidad en Marketing S.R.L.'s bankruptcy proceedings will be verifying creditors' proofs of claim until September 28, 2009. The trustee will present the validated claims in court as individual reports on November 10, 2009. The National Commercial Court of First Instance in Buenos Aires will determine if the verified claims are admissible, taking into account the trustee's opinion, and the objections and challenges that will be raised by the company and its creditors. Inadmissible claims may be subject to appeal in a separate proceeding known as an appeal for reversal. A general report that contains an audit of the company's accounting and banking records will be submitted in court on December 23, 2009. RUBBER ARGENTINA: Creditors' Proofs of Debt Due on November 26 -------------------------------------------------------------- The court-appointed trustee for Rubber Argentina S.A.I.C. y F.'s bankruptcy proceedings will be verifying creditors' proofs of claim until November 26, 2009. The trustee will present the validated claims in court as individual reports on February 10, 2010. The National Commercial Court of First Instance in Buenos Aires will determine if the verified claims are admissible, taking into account the trustee's opinion, and the objections and challenges that will be raised by the company and its creditors. Inadmissible claims may be subject to appeal in a separate proceeding known as an appeal for reversal. A general report that contains an audit of the company's accounting and banking records will be submitted in court on April 13, 2010. ============= B E R M U D A ============= AQUARIUS FUND: Creditors' Proofs of Debt Due on September 16 ------------------------------------------------------------ The creditors of Aquarius Fund Ltd. are required to file their proofs of debt by September 16, 2009, to be included in the company's dividend distribution. The company commenced wind-up proceedings on August 18, 2009. The company's liquidator is: Christopher C. Morris Century House, 16 Par-la-Ville Road Hamilton, in the Islands of Bermuda AQUARIUS FUND: Member to Hear Wind-Up Report on September 30 ------------------------------------------------------------ The member of Aquarius Fund Ltd. will receive on September 30, 2009, at 10:00 a.m., the liquidator's report on the company's wind-up proceedings and property disposal. The company commenced wind-up proceedings on August 18, 2009. The company's liquidator is: Christopher C. Morris Century House, 16 Par-la-Ville Road Hamilton, in the Islands of Bermuda TAM TELIUM: Creditors' Proofs of Debt Due on September 16 --------------------------------------------------------- The creditors of Tam Telium Diversified Fund Ltd. are required to file their proofs of debt by September 16, 2009, to be included in the company's dividend distribution. The company commenced wind-up proceedings on August 18, 2009. The company's liquidator is: Christopher C. Morris Century House, 16 Par-la-Ville Road Hamilton, in the Islands of Bermuda TAM TELIUM: Members to Hear Wind-Up Report on September 30 ---------------------------------------------------------- The members of Tam Telium Diversified Fund Ltd. will receive on September 30, 2009, at 10:30 a.m., the liquidator's report on the company's wind-up proceedings and property disposal. The company commenced wind-up proceedings on August 18, 2009. The company's liquidator is: Christopher C. Morris Century House, 16 Par-la-Ville Road Hamilton, in the Islands of Bermuda ========================== C A Y M A N I S L A N D S ========================== AGATE IAM: Shareholders to Receive Wind-Up Report on Oct. 13 ------------------------------------------------------------ The shareholders of Agate IAM Limited will receive on Oct. 13, 2009, at 10:15 a.m., the liquidator's report on the company's wind-up proceedings and property disposal. The company's liquidator is: Bonnie Willkom P.O. Box 1111, Grand Cayman KY1-1102 Cayman Islands Telephone: (345)-949-5122 Facsimile: (345)-949-7920 AMBER IAM: Shareholders to Receive Wind-Up Report on Oct. 13 ------------------------------------------------------------ The shareholders of Amber IAM Limited will receive on Oct. 13, 2009, at 9:15 a.m., the liquidator's report on the company's wind- up proceedings and property disposal. The company's liquidator is: Bonnie Willkom P.O. Box 1111, Grand Cayman KY1-1102 Cayman Islands Telephone: (345)-949-5122 Facsimile: (345)-949-7920 BREEZE IAM: Shareholders to Receive Wind-Up Report on Oct. 13 ------------------------------------------------------------- The shareholders of Breeze IAM Limited will receive on Oct. 13, 2009, at 11:00 a.m., the liquidator's report on the company's wind-up proceedings and property disposal. The company's liquidator is: Bonnie Willkom P.O. Box 1111, Grand Cayman KY1-1102 Cayman Islands Telephone: (345)-949-5122 Facsimile: (345)-949-7920 DAISY IAM: Shareholders to Receive Wind-Up Report on Oct. 13 ------------------------------------------------------------ The shareholders of Daisy IAM Limited will receive on Oct. 13, 2009, at 11:15 a.m., the liquidator's report on the company's wind-up proceedings and property disposal. The company's liquidator is: Bonnie Willkom P.O. Box 1111, Grand Cayman KY1-1102 Cayman Islands Telephone: (345)-949-5122 Facsimile: (345)-949-7920 DIAMOND IAM: Shareholders to Receive Wind-Up Report on Oct. 13 -------------------------------------------------------------- The shareholders of Diamond IAM Limited will receive on Oct. 13, 2009, at 10:30 a.m., the liquidator's report on the company's wind-up proceedings and property disposal. The company's liquidator is: Bonnie Willkom P.O. Box 1111, Grand Cayman KY1-1102 Cayman Islands Telephone: (345)-949-5122 Facsimile: (345)-949-7920 DIMENSION (IMA): Shareholders to Receive Wind-Up Report on Oct. 13 ------------------------------------------------------------------ The shareholders of Dimension (IMA) Limited will receive on Oct. 13, 2009, at 8:45 a.m., the liquidator's report on the company's wind-up proceedings and property disposal. The company's liquidator is: Bonnie Willkom P.O. Box 1111, Grand Cayman KY1-1102 Cayman Islands Telephone: (345)-949-5122 Facsimile: (345)-949-7920 EMBRYO (IFI): Shareholders to Receive Wind-Up Report on October 13 ------------------------------------------------------------------ The shareholders of Embryo (IFI) Limited will receive on Oct. 13, 2009, at 8:30 a.m., the liquidator's report on the company's wind- up proceedings and property disposal. The company's liquidator is: Bonnie Willkom P.O. Box 1111, Grand Cayman KY1-1102 Cayman Islands Telephone: (345)-949-5122 Facsimile: (345)-949-7920 FOUNTAIN IAM: Shareholders to Receive Wind-Up Report on Oct. 13 --------------------------------------------------------------- The shareholders of Fountain IAM Limited will receive on Oct. 13, 2009, at 9:00 a.m., the liquidator's report on the company's wind- up proceedings and property disposal. The company's liquidator is: Bonnie Willkom P.O. Box 1111, Grand Cayman KY1-1102 Cayman Islands Telephone: (345)-949-5122 Facsimile: (345)-949-7920 INTER SPHERE: Shareholders to Receive Wind-Up Report on Sept. 4 --------------------------------------------------------------- The shareholders of Inter Sphere Funding TMK Holdings Inc. will receive on September 4, 2009, at 8:30 a.m., the liquidator's report on the company's wind-up proceedings and property disposal. The company's liquidator is: Walkers SPV Limited Walker House, 87 Mary Street, George Town Grand Cayman KY1-9002, Cayman Islands LILAC IAM: Shareholders to Receive Wind-Up Report on Oct. 13 ------------------------------------------------------------ The shareholders of Lilac IAM Limited will receive on Oct. 13, 2009, at 11:30 a.m., the liquidator's report on the company's wind-up proceedings and property disposal. The company's liquidator is: Bonnie Willkom P.O. Box 1111, Grand Cayman KY1-1102 Cayman Islands Telephone: (345)-949-5122 Facsimile: (345)-949-7920 OSPREY IAM: Shareholders to Receive Wind-Up Report on Oct. 13 ------------------------------------------------------------- The shareholders of Osprey IAM Limited will receive on Oct. 13, 2009, at 9:30 a.m., the liquidator's report on the company's wind- up proceedings and property disposal. The company's liquidator is: Bonnie Willkom P.O. Box 1111, Grand Cayman KY1-1102 Cayman Islands Telephone: (345)-949-5122 Facsimile: (345)-949-7920 SEAHAWK IAM: Shareholders to Receive Wind-Up Report on Oct. 13 -------------------------------------------------------------- The shareholders of Seahawk IAM Limited will receive on Oct. 13, 2009, at 9:45 a.m., the liquidator's report on the company's wind- up proceedings and property disposal. The company's liquidator is: Bonnie Willkom P.O. Box 1111, Grand Cayman KY1-1102 Cayman Islands Telephone: (345)-949-5122 Facsimile: (345)-949-7920 TITAN IAM: Shareholders to Receive Wind-Up Report on Oct. 13 ------------------------------------------------------------ The shareholders of Titan IAM Limited will receive on Oct. 13, 2009, at 10:45 a.m., the liquidator's report on the company's wind-up proceedings and property disposal. The company's liquidator is: Bonnie Willkom P.O. Box 1111, Grand Cayman KY1-1102 Cayman Islands Telephone: (345)-949-5122 Facsimile: (345)-949-7920 TULIP IAM: Shareholders to Receive Wind-Up Report on Oct. 13 ------------------------------------------------------------ The shareholders of Tulip IAM Limited will receive on Oct. 13, 2009, at 11:45 a.m., the liquidator's report on the company's wind-up proceedings and property disposal. The company's liquidator is: Bonnie Willkom P.O. Box 1111, Grand Cayman KY1-1102 Cayman Islands Telephone: (345)-949-5122 Facsimile: (345)-949-7920 UNITY IAM: Shareholders to Receive Wind-Up Report on Oct. 13 ------------------------------------------------------------ The shareholders of Unity IAM Limited will receive on Oct. 13, 2009, at 10:00 a.m., the liquidator's report on the company's wind-up proceedings and property disposal. The company's liquidator is: Bonnie Willkom P.O. Box 1111, Grand Cayman KY1-1102 Cayman Islands Telephone: (345)-949-5122 Facsimile: (345)-949-7920 =============== X X X X X X X X =============== * Upcoming Meetings, Conferences and Seminars --------------------------------------------- Sept. 10-11, 2009 AMERICAN BANKRUPTCY INSTITUTE Complex Financial Restructuring Program Hyatt Regency Lake Tahoe, Incline Village, Nevada Contact: http://www.abiworld.org/ Sept. 10-12, 2009 AMERICAN BANKRUPTCY INSTITUTE 17th Annual Southwest Bankruptcy Conference Hyatt Regency Lake Tahoe, Incline Village, Nevada Contact: http://www.abiworld.org/ Oct. 2, 2009 AMERICAN BANKRUPTCY INSTITUTE ABI/GULC "Views from the Bench" Georgetown University Law Center, Washington, D.C. Contact: http://www.abiworld.org/ Oct. 5-9, 2009 TURNAROUND MANAGEMENT ASSOCIATION TMA Annual Convention Marriott Desert Ridge, Phoenix, Arizona Contact: 312-578-6900; http://www.turnaround.org/ Oct. 20, 2009 AMERICAN BANKRUPTCY INSTITUTE NCBJ/ABI Educational Program Paris Las Vegas, Las Vegas, Nev. Contact: http://www.abiworld.org/ Dec. 3-5, 2009 AMERICAN BANKRUPTCY INSTITUTE 21st Annual Winter Leadership Conference La Quinta Resort & Spa, La Quinta, California Contact: 1-703-739-0800; http://www.abiworld.org/ Apr. 29-May 2, 2010 AMERICAN BANKRUPTCY INSTITUTE Annual Spring Meeting Gaylord National Resort & Convention Center, Maryland Contact: 1-703-739-0800; http://www.abiworld.org/ June 17-20, 2010 AMERICAN BANKRUPTCY INSTITUTE Central States Bankruptcy Workshop Grand Traverse Resort and Spa, Traverse City, Michigan Contact: 1-703-739-0800; http://www.abiworld.org/ July 7-10, 2010 AMERICAN BANKRUPTCY INSTITUTE Northeast Bankruptcy Conference Ocean Edge Resort, Brewster, Massachusetts Contact: 1-703-739-0800; http://www.abiworld.org/ July 14-17, 2010 AMERICAN BANKRUPTCY INSTITUTE Southeast Bankruptcy Conference The Ritz-Carlton Amelia Island, Amelia, Fla. Contact: http://www.abiworld.org/ Aug. 5-7, 2010 AMERICAN BANKRUPTCY INSTITUTE Mid-Atlantic Bankruptcy Workshop Hyatt Regency Chesapeake Bay, Cambridge, Maryland Contact: 1-703-739-0800; http://www.abiworld.org/ Oct. 4-8, 2010 TURNAROUND MANAGEMENT ASSOCIATION TMA Annual Convention JW Marriott Grande Lakes, Orlando, Florida Contact: http://www.turnaround.org/ Dec. 2-4, 2010 AMERICAN BANKRUPTCY INSTITUTE 22nd Annual Winter Leadership Conference Camelback Inn, Scottsdale, Arizona Contact: 1-703-739-0800; http://www.abiworld.org/ Mar. 31-Apr. 3, 2011 AMERICAN BANKRUPTCY INSTITUTE Annual Spring Meeting Gaylord National Resort & Convention Center, Maryland Contact: 1-703-739-0800; http://www.abiworld.org/ June 9-12, 2011 AMERICAN BANKRUPTCY INSTITUTE Central States Bankruptcy Workshop Grand Traverse Resort and Spa Traverse City, Michigan Contact: http://www.abiworld.org/ Dec. 1-3, 2011 AMERICAN BANKRUPTCY INSTITUTE 23rd Annual Winter Leadership Conference La Quinta Resort & Spa, La Quinta, California Contact: 1-703-739-0800; http://www.abiworld.org/ *********** Monday's edition of the TCR-LA delivers a list of indicative prices for bond issues that reportedly trade well below par. Prices are obtained by TCR-LA 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-LA constitutes an offer or solicitation to buy or sell any security of any kind. It is likely that some entity affiliated with a TCR-LA editor holds some position in the issuers' public debt and equity securities about which we report. Tuesday's edition of the TCR-LA features a list of companies with insolvent balance sheets obtained by our editors based on the latest balance sheets publicly available a day prior to publication. 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-LA. Submissions about insolvency- related conferences are encouraged. Send announcements to conferences@bankrupt.com *********** 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 - Latin America is a daily newsletter co-published by Bankruptcy Creditors' Service, Inc., Fairless Hills, Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland USA, Marites O. Claro, Joy A. Agravente, Rousel Elaine C. Tumanda, Valerie C. Udtuhan, Frauline S. Abangan, and Peter A. Chapman, Editors. Copyright 2009. All rights reserved. ISSN 1529-2746. 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 Latin America 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. * * * End of Transmission * * *