TCRLA_Public/101209.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, December 9, 2010, Vol. 11, No. 243

                            Headlines

A R G E N T I N A

ABG CRISTALES: Creditors' Proofs of Debt Due February 8
ALDO RUBINO: Requests for Preventive Contest
BAUGRUPPE SRL: Asks for Preventive Contest
CHOCLIN HNOS: Creditors' Proofs of Debt Due February 9
CHOGUY SRL: Creditors' Proofs of Debt Due February 28

INTERCHANGE & TRANSPORT: Creditors' Proofs of Debt Due December 27
RECIMAD SA: Asks for Preventive Contest
REPSTAY SRL: Creditors' Proofs of Debt Due March 9
SUNG IL: Creditors' Proofs of Debt Due February 11
WEILING SA: Creditors' Proofs of Debt Due February 21


B E R M U D A

BARRINGTON LIMITED: Creditors' Proofs of Debt Due December 17
BARRINGTON LIMITED: Members' Final Meeting Set for January 12
CATALYST CAPITAL: Creditors' Proofs of Debt Due December 23
CATALYST CAPITAL: Members' Final Meeting Set for January 14
CEM FUND: Creditors' Proofs of Debt Due December 17

CEM FUND: Members' Final Meeting Set for January 10
DIGICEL LIMITED: Closes US$300 Million Bond Issue
ENDEAVOUR ENERGY: Creditors' Proofs of Debt Due December 23
ENDEAVOUR ENERGY: Members' Final Meeting Set for January 14
LEELANAU FUND: Creditors' Proofs of Debt Due December 17

LEELANAU FUND: Members' Final Meeting Set for January 10
MAN MGS: Creditors' Proofs of Debt Due December 17
MAN MGS: Members' Final Meeting Set for January 7
OCTAVIA FUND: Creditors' Proofs of Debt Due December 17
OCTAVIA FUND: Members' Final Meeting Set for January 10

PUTNAM GREEN: Supreme Court Enters Wind-Up Order
SCAF I: Supreme Court Enters Wind-Up Order


B O L I V I A

BANCO DO BRASIL: Moody's Upgrades Deposit Ratings to 'Ba1'


C A Y M A N  I S L A N D S

AQR GLOBAL: Creditors' Proofs of Debt Due December 14
AQR RC: Creditors' Proofs of Debt Due December 14
BOLISA 1999: Creditors' Proofs of Debt Due December 22
CPI CAPITAL: Commences Liquidation Proceedings
DB HEDGEWORK: Creditors' Proofs of Debt Due December 22

LEGION STRATEGIES: Commences Liquidation Proceedings
MOE OIL: Creditors' Proofs of Debt Due December 21
RAB EUROPEAN: Creditors' Proofs of Debt Due December 22
RAHAB HOLDINGS: Creditors' Proofs of Debt Due December 21
REGAL INVESTMENTS: Creditors' Proofs of Debt Due December 21

RULER HOLDINGS: Creditors' Proofs of Debt Due December 21
SAX LEASING: Creditors' Proofs of Debt Due December 22
SIOUX INVESTMENTS: Creditors' Proofs of Debt Due December 21
SPECIAL OPPORTUNITIES: Creditors' Proofs of Debt Due December 14
SYW OFFSHORE: Creditors' Proofs of Debt Due December 22

TINTAGEL LIMITED: Creditors' Proofs of Debt Due December 29
UBS PRESTIGE: Creditors' Proofs of Debt Due December 21
VETRA FINANCE: Creditors' Proofs of Debt Due December 22
WAB COMPANY: Placed Under Voluntary Wind-Up
ZANDER OFFSHORE: Creditors' Proofs of Debt Due December 23


J A M A I C A

CARIBBEAN CEMENT: Incurs JM$1.1BB Net Loss for 9Months Ended Sept.


M E X I C O

VITRO SAB: Noteholders Ask Court to Block Non-Consensual Exchange


P U E R T O  R I C O

MAYAGUEZ ADVANCED: Court Won't Reconsider Suit Dismissal


X X X X X X X X

Upcoming Meetings, Conferences and Seminars




                            - - - - -


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A R G E N T I N A
=================


ABG CRISTALES: Creditors' Proofs of Debt Due February 8
-------------------------------------------------------
The court-appointed trustee for ABG Cristales SA's bankruptcy
proceedings will be verifying creditors' proofs of claim until
February 8, 2011.

The trustee will present the validated claims in court as
individual reports.  The National Commercial Court of First
Instance No. 20 in Buenos Aires, with the assistance of Clerk
No. 39, 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.

The Trustee can be reached at:

         Juan Carlos Sosa
         Viamonte 783
         Argentina


ALDO RUBINO: Requests for Preventive Contest
--------------------------------------------
Aldo Rubino y Cia. SA requested for preventive contest.

The company stopped making payments last August 10.


BAUGRUPPE SRL: Asks for Preventive Contest
------------------------------------------
Baugruppe SRL asked for preventive contest.

The company stopped making payment last August 25, 2009.


CHOCLIN HNOS: Creditors' Proofs of Debt Due February 9
------------------------------------------------------
The court-appointed trustee for Choclin Hnos. S.A.'s bankruptcy
proceedings will be verifying creditors' proofs of claim until
February 9, 2011.

The trustee will present the validated claims in court as
individual reports on March 23, 2011.  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
May 9, 2011.


CHOGUY SRL: Creditors' Proofs of Debt Due February 28
-----------------------------------------------------
The court-appointed trustee for Choguy S.R.L.'s bankruptcy
proceedings will be verifying creditors' proofs of claim until
February 28, 2011.


INTERCHANGE & TRANSPORT: Creditors' Proofs of Debt Due December 27
------------------------------------------------------------------
The court-appointed trustee for Interchange & Transport
International SRL's bankruptcy proceedings will be verifying
creditors' proofs of claim until December 27, 2010.

The trustee will present the validated claims in court as
individual reports.  The National Commercial Court of First
Instance No. 17 in Buenos Aires, with the assistance of Clerk
No. 33, 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.

The Trustee can be reached at:

         Jose Eduardo Obes
         Lavalle 1619
         Argentina


RECIMAD SA: Asks for Preventive Contest
---------------------------------------
Recimad SA asked for preventive contest by cessation of payments.


REPSTAY SRL: Creditors' Proofs of Debt Due March 9
--------------------------------------------------
The court-appointed trustee for Repstay SRL's reorganization
proceedings will be verifying creditors' proofs of claim until
March 9, 2011.

The trustee will present the validated claims in court as
individual reports.  The National Commercial Court of First
Instance No. 10 in Buenos Aires, with the assistance of Clerk
No. 19, 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.

Creditors will vote to ratify the completed settlement plan
during the assembly on November 3, 2011.


SUNG IL: Creditors' Proofs of Debt Due February 11
--------------------------------------------------
The court-appointed trustee for Sung Il Wi's bankruptcy
proceedings will be verifying creditors' proofs of claim until
February 11, 2011.

The trustee will present the validated claims in court as
individual reports on March 30, 2011.  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
May 17, 2011.


WEILING SA: Creditors' Proofs of Debt Due February 21
-----------------------------------------------------
The court-appointed trustee for Weiling SA's bankruptcy
proceedings will be verifying creditors' proofs of claim until
February 21, 2011.

The trustee will present the validated claims in court as
individual reports.  The National Commercial Court of First
Instance No. 26 in Buenos Aires, with the assistance of Clerk
No. 52, 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.

The Trustee can be reached at:

         Norberto Ruben Di Napoli
         Marcelo Torcuato de Alvear 295
         Argentina


=============
B E R M U D A
=============


BARRINGTON LIMITED: Creditors' Proofs of Debt Due December 17
-------------------------------------------------------------
The creditors of Barrington Limited are required to file their
proofs of debt by December 17, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on November 30, 2010.

The company's liquidator is:

         Robin J. Mayor
         Clarendon House
         2 Church Street, Hamilton HM 11
         Bermuda


BARRINGTON LIMITED: Members' Final Meeting Set for January 12
-------------------------------------------------------------
The members of Barrington Limited will hold their general meeting
on January 12, 2011, at 9:30 a.m., to receive the liquidator's
report on the company's wind-up proceedings and property disposal.

The company commenced wind-up proceedings on November 30, 2010.

The company's liquidator is:

         Robin J. Mayor
         Clarendon House
         2 Church Street, Hamilton HM 11
         Bermuda


CATALYST CAPITAL: Creditors' Proofs of Debt Due December 23
-----------------------------------------------------------
The creditors of Catalyst Capital, Ltd. are required to file their
proofs of debt by December 23, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on December 3, 2010.

The company's liquidator is:

         Jennifer Y. Fraser
         Canonae's Court
         22 Victoria Street
         Hamilton
         Bermuda


CATALYST CAPITAL: Members' Final Meeting Set for January 14
-----------------------------------------------------------
The members of Catalyst Capital, Ltd. will hold their general
meeting on January 14, 2011, at 9:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company commenced wind-up proceedings on December 3, 2010.

The company's liquidator is:

         Jennifer Y. Fraser
         Canonae's Court
         22 Victoria Street
         Hamilton
         Bermuda


CEM FUND: Creditors' Proofs of Debt Due December 17
---------------------------------------------------
The creditors of CEM Fund Limited are required to file their
proofs of debt by December 17, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on December 2, 2010.

The company's liquidator is:

         Beverly Mathias
         c/o Argonaut Limited
         Argonaut House, 5 Park Road
         Hamilton HM O9
         Bermuda


CEM FUND: Members' Final Meeting Set for January 10
---------------------------------------------------
The members of CEM Fund Limited will hold their general meeting on
January 10, 2011, at 9:30 a.m., to receive the liquidator's report
on the company's wind-up proceedings and property disposal.

The company commenced wind-up proceedings on December 2, 2010.

The company's liquidator is:

         Beverly Mathias
         c/o Argonaut Limited
         Argonaut House, 5 Park Road
         Hamilton HM O9
         Bermuda


DIGICEL LIMITED: Closes US$300 Million Bond Issue
-------------------------------------------------
Digicel Limited has completed a US$300 million corporate bond
offering.  The transaction was a reopening of the 8.25% senior
notes due 2017 first issued in December 2009.  The bonds were
priced at 102.75 to yield 7.54%.

The use of proceeds of this offering will be for general corporate
purposes, including capital expenditure and debt service.

Colm Delves, Digicel Group Chief Executive, said: "The funds
raised will in part support the planned expansion of our business
in Haiti which delivered strong year on year revenue growth for
the six months ended September 30, 2010."

Mr. Delves added: "I am very pleased with the positive response to
this transaction, which was more than two times over-subscribed
with participation from over 75 well-established high yield and
emerging market accounts."

Credit Suisse, Citi, J.P. Morgan, Deutsche Bank, Barclays Capital
and Davy acted as initial purchasers on the bond offering.

Digicel Limited is a subsidiary of Digitel Group Limited.

                      About Digicel Group

Digicel Group Limited -- http://www.digicelgroup.com/-- is
renowned for competitive rates, unbeatable coverage, superior
customer care, a wide variety of products and services and state-
of-the-art handsets.  By offering innovative wireless services and
community support, Digicel has become a leading brand across its
31 markets worldwide.

Digicel is incorporated in Bermuda and now has operations in 31
markets worldwide. Its Caribbean and Central American markets
comprise Anguilla, Antigua & Barbuda, Aruba, Barbados, Bermuda,
Bonaire, the British Virgin Islands, the Cayman Islands, Curacao,
Dominica, El Salvador, French Guiana, Grenada, Guadeloupe, Guyana,
Haiti, Honduras, Jamaica, Martinique, Panama, St Kitts & Nevis,
St. Lucia, St. Vincent & the Grenadines, Suriname, Trinidad &
Tobago and Turks & Caicos. The Caribbean company also has coverage
in St. Martin and St. Barths. Digicel Pacific comprises Fiji,
Papua New Guinea, Samoa, Tonga and Vanuatu.

                          *     *     *

As of January 14, 2010, the company continues to carry Moody's
"Caa1" senior unsecured debt rating.


ENDEAVOUR ENERGY: Creditors' Proofs of Debt Due December 23
-----------------------------------------------------------
The creditors of Endeavour Energy New Ventures I Ltd. are required
to file their proofs of debt by December 23, 2010, to be included
in the company's dividend distribution.

The company commenced wind-up proceedings on December 3, 2010.

The company's liquidator is:

         Jennifer Y. Fraser
         Canonae's Court
         22 Victoria Street
         Hamilton
         Bermuda


ENDEAVOUR ENERGY: Members' Final Meeting Set for January 14
-----------------------------------------------------------
The members of Endeavour Energy New Ventures I Ltd. will hold
their general meeting on January 14, 2011, at 9:30 a.m., to
receive the liquidator's report on the company's wind-up
proceedings and property disposal.

The company commenced wind-up proceedings on December 3, 2010.

The company's liquidator is:

         Jennifer Y. Fraser
         Canonae's Court
         22 Victoria Street
         Hamilton
         Bermuda


LEELANAU FUND: Creditors' Proofs of Debt Due December 17
--------------------------------------------------------
The creditors of Leelanau Fund Limited are required to file their
proofs of debt by December 17, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on December 2, 2010.

The company's liquidator is:

         Beverly Mathias
         c/o Argonaut Limited
         Argonaut House, 5 Park Road
         Hamilton HM O9
         Bermuda


LEELANAU FUND: Members' Final Meeting Set for January 10
--------------------------------------------------------
The members of Leelanau Fund Limited will hold their general
meeting on January 10, 2011, at 9:30 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company commenced wind-up proceedings on December 2, 2010.

The company's liquidator is:

         Beverly Mathias
         c/o Argonaut Limited
         Argonaut House, 5 Park Road
         Hamilton HM O9
         Bermuda


MAN MGS: Creditors' Proofs of Debt Due December 17
--------------------------------------------------
The creditors of Man MGS Access Class W EUR Trading Ltd are
required to file their proofs of debt by December 17, 2010, to be
included in the company's dividend distribution.

The company commenced wind-up proceedings on December 1, 2010.

The company's liquidator is:

         Beverly Mathias
         c/o Argonaut Limited
         Argonaut House, 5 Park Road
         Hamilton HM O9
         Bermuda


MAN MGS: Members' Final Meeting Set for January 7
-------------------------------------------------
The members of Man MGS Access Class W EUR Trading Ltd will hold
their general meeting on January 7, 2011, at 9:30 a.m., to receive
the liquidator's report on the company's wind-up proceedings and
property disposal.

The company commenced wind-up proceedings on December 1, 2010.

The company's liquidator is:

         Beverly Mathias
         c/o Argonaut Limited
         Argonaut House, 5 Park Road
         Hamilton HM O9
         Bermuda


OCTAVIA FUND: Creditors' Proofs of Debt Due December 17
-------------------------------------------------------
The creditors of Octavia Fund Limited are required to file their
proofs of debt by December 17, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on December 2, 2010.

The company's liquidator is:

         Beverly Mathias
         c/o Argonaut Limited
         Argonaut House, 5 Park Road
         Hamilton HM O9
         Bermuda


OCTAVIA FUND: Members' Final Meeting Set for January 10
-------------------------------------------------------
The members of Octavia Fund Limited will hold their general
meeting on January 10, 2011, at 9:30 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company commenced wind-up proceedings on December 2, 2010.

The company's liquidator is:

         Beverly Mathias
         c/o Argonaut Limited
         Argonaut House, 5 Park Road
         Hamilton HM O9
         Bermuda


PUTNAM GREEN: Supreme Court Enters Wind-Up Order
------------------------------------------------
On November 26, 2010, the Supreme Court of Bermuda entered an
order to wind up the operations of Putnam Green Ltd.

The company's liquidator is:

         Nigel J. S. Chatterjee
         PricewaterhouseCoopers Advisory Limited
         Dorchester House, 7 Church Street
         Hamilton HM 11
         Bermuda


SCAF I: Supreme Court Enters Wind-Up Order
------------------------------------------
On November 26, 2010, the Supreme Court of Bermuda entered an
order to wind up the operations of Scaf I Ltd.

The company's liquidator is:

         Nigel J. S. Chatterjee
         PricewaterhouseCoopers Advisory Limited
         Dorchester House, 7 Church Street
         Hamilton HM 11
         Bermuda


=============
B O L I V I A
=============


BANCO DO BRASIL: Moody's Upgrades Deposit Ratings to 'Ba1'
----------------------------------------------------------
Moody's Investors Service upgraded to Ba1, from Ba3, the long-term
global local currency deposit rating of Banco do Brasil S.A.
(Bolivian Branch), with a stable outlook.

                        Ratings Rationale

This rating action follows a similar action on Bolivia's country
ceiling for local currency deposits.  As a branch of a higher
rated bank (Banco do Brasil S.A is rated A2 for local currency
deposits), Banco do Brasil Bolivia's ratings are constrained by
the ceilings for Bolivia.

Banco Do Brasil S.A. (Bolivian Branch) is a branch of Banco do
Brasil (Brazil) and is headquartered in La Paz, Bolivia, with
assets of Bs.  170.1 million and equity for Bs.123 million, as of
September 2010.

This rating action was taken on Banco do Brasil S.A. (Bolivian
Branch):

  -- Global Long Term Local Currency Deposit Rating: upgraded to
     Ba1 from Ba3, with stable outlook.


==========================
C A Y M A N  I S L A N D S
==========================


AQR GLOBAL: Creditors' Proofs of Debt Due December 14
-----------------------------------------------------
The creditors of AQR Global Asset Allocation Offshore Fund (Aud)
Ltd. are required to file their proofs of debt by December 14,
2010, to be included in the company's dividend distribution.

The company commenced wind-up proceedings on November 10, 2010.

The company's liquidator is:

         Ogier
         Martina de Lima
         Telephone: (345) 815-1790
         Facsimile: (345) 949-9877
         c/o Ogier 89 Nexus Way
         Camana Bay Grand Cayman KY1-9007
         Cayman Islands


AQR RC: Creditors' Proofs of Debt Due December 14
-------------------------------------------------
The creditors of AQR R.C. Equity International Offshore Fund Ltd.
are required to file their proofs of debt by December 14, 2010, to
be included in the company's dividend distribution.

The company commenced wind-up proceedings on November 10, 2010.

The company's liquidator is:

         Ogier
         Martina de Lima
         Telephone: (345) 815-1790
         Facsimile: (345) 949-9877
         c/o Ogier 89 Nexus Way
         Camana Bay Grand Cayman KY1-9007
         Cayman Islands


BOLISA 1999: Creditors' Proofs of Debt Due December 22
------------------------------------------------------
The creditors of Bolisa 1999 Limited are required to file their
proofs of debt by December 22, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on November 11,
2010.

The company's liquidator is:

         David Dyer
         Deutsche Bank (Cayman) Limited
         PO Box 1984, Boundary Hall
         Cricket Square, 171 Elgin Avenue
         Grand Cayman KY1-1104
         Cayman Islands


CPI CAPITAL: Commences Liquidation Proceedings
----------------------------------------------
CPI Capital Partners Asia Pacific GP II Ltd. commenced liquidation
proceedings on October 27, 2010.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

         Cititrust
         P.O. Box N1576, Citibank Bldg
         Thompson Blvd., Nassau
         Bahamas


DB HEDGEWORK: Creditors' Proofs of Debt Due December 22
-------------------------------------------------------
The creditors of DB Hedgework Fund Services Limited are required
to file their proofs of debt by December 22, 2010, to be included
in the company's dividend distribution.

The company commenced liquidation proceedings on November 12,
2010.

The company's liquidator is:

         David Dyer
         Deutsche Bank (Cayman) Limited
         PO Box 1984, Boundary Hall
         Cricket Square, 171 Elgin Avenue
         Grand Cayman KY1-1104
         Cayman Islands


LEGION STRATEGIES: Commences Liquidation Proceedings
----------------------------------------------------
Legion Strategies (Euro), Ltd. commenced liquidation proceedings
on October 18, 2010.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

         Cititrust
         P.O. Box N1576, Citibank Bldg
         Thompson Blvd., Nassau
         Bahamas


MOE OIL: Creditors' Proofs of Debt Due December 21
--------------------------------------------------
The creditors of Moe Oil & Gas, Ltd. are required to file their
proofs of debt by December 21, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on November 11, 2010.

The company's liquidator is:

         Jane Fleming
         Jane Fleming or Jean Ebanks
         Telephone: (345) 945-2187/(345) 945-2197
         PO Box 30464 Grand Cayman KY1-1202
         Cayman Islands


RAB EUROPEAN: Creditors' Proofs of Debt Due December 22
-------------------------------------------------------
The creditors of Rab European Loan Fund Limited are required to
file their proofs of debt by December 22, 2010, to be included in
the company's dividend distribution.

The company commenced wind-up proceedings on November 9, 2010.

The company's liquidator is:

         Avalon Management Limited
         GL
         Telephone: (+1) 345 769-4422
         Facsimile: (+1) 345 769-9351
         Landmark Square 1st Floor
         64 Earth Close West Bay Beach
         PO Box 715, George Town
         Grand Cayman KY1-1107
         Cayman Islands


RAHAB HOLDINGS: Creditors' Proofs of Debt Due December 21
---------------------------------------------------------
The creditors of Rahab Holdings Ltd. are required to file their
proofs of debt by December 21, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on November 11, 2010.

The company's liquidator is:

         Jane Fleming
         Jane Fleming or Jean Ebanks
         Telephone: (345) 945-2187/(345) 945-2197
         PO Box 30464 Grand Cayman KY1-1202
         Cayman Islands


REGAL INVESTMENTS: Creditors' Proofs of Debt Due December 21
------------------------------------------------------------
The creditors of Regal Investments LLC are required to file their
proofs of debt by December 21, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on November 11, 2010.

The company's liquidator is:

         Jane Fleming
         Jane Fleming or Jean Ebanks
         Telephone: (345) 945-2187/(345) 945-2197
         PO Box 30464 Grand Cayman KY1-1202
         Cayman Islands


RULER HOLDINGS: Creditors' Proofs of Debt Due December 21
---------------------------------------------------------
The creditors of Ruler Holdings Limited are required to file their
proofs of debt by December 21, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on November 11, 2010.

The company's liquidator is:

         Jane Fleming
         Jane Fleming or Jean Ebanks
         Telephone: (345) 945-2187/(345) 945-2197
         PO Box 30464 Grand Cayman KY1-1202
         Cayman Islands


SAX LEASING: Creditors' Proofs of Debt Due December 22
------------------------------------------------------
The creditors of Sax Leasing No.2 are required to file their
proofs of debt by December 22, 2010, to be included in the
company's dividend distribution.

The company's liquidator is:

         Bernard McGrath
         69 Dr. Roy's Drive
         PO Box 1043 Grand Cayman KY1-1102
         Cayman Islands


SIOUX INVESTMENTS: Creditors' Proofs of Debt Due December 21
------------------------------------------------------------
The creditors of Sioux Investments LLC are required to file their
proofs of debt by December 21, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on November 11, 2010.

The company's liquidator is:

         Jane Fleming
         Jane Fleming or Jean Ebanks
         Telephone: (345) 945-2187/(345) 945-2197
         PO Box 30464 Grand Cayman KY1-1202
         Cayman Islands


SPECIAL OPPORTUNITIES: Creditors' Proofs of Debt Due December 14
----------------------------------------------------------------
The creditors of Special Opportunities Offshore Fund Ltd. are
required to file their proofs of debt by December 14, 2010, to be
included in the company's dividend distribution.

The company commenced wind-up proceedings on November 10, 2010.

The company's liquidator is:

         Ogier
         Martina de Lima
         Telephone: (345) 815-1790
         Facsimile: (345) 949-9877
         c/o Ogier 89 Nexus Way
         Camana Bay Grand Cayman KY1-9007
         Cayman Islands


SYW OFFSHORE: Creditors' Proofs of Debt Due December 22
-------------------------------------------------------
The creditors of SYW Offshore Limited are required to file their
proofs of debt by December 22, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on November 11,
2010.

The company's liquidator is:

         Highwater Limited
         Nicole Ebanks
         Telephone: (345) 943-2295
         Facsimile: (345) 943-2294
         Highwater Limited Grand Pavilion
         Commercial Centre 1st Floor
         802 West Bay Road
         P.O. Box 31855, Grand Cayman, KY1-1207
         Cayman Islands


TINTAGEL LIMITED: Creditors' Proofs of Debt Due December 29
-----------------------------------------------------------
The creditors of Tintagel Limited are required to file their
proofs of debt by December 29, 2010, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on November 12, 2010.

The company's liquidator is:

         Jane Fleming
         Jane Fleming or Jean Ebanks
         Telephone: (345) 945-2187/(345) 945-2197
         PO Box 30464 Grand Cayman KY1-1202
         Cayman Islands


UBS PRESTIGE: Creditors' Proofs of Debt Due December 21
-------------------------------------------------------
The creditors of UBS Prestige Fund II SPC are required to file
their proofs of debt by December 21, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on November 8, 2010.

The company's liquidator is:

         Stuart Sybersma
         Jennifer Chailler
         Deloitte & Touche
         P.O. Box 1787, Grand Cayman KY1-1109
         Cayman Islands
         Telephone: (345) 949 7500
         Facsimile: (345) 949 8258
         e-mail: jchailler@deloitte.com


VETRA FINANCE: Creditors' Proofs of Debt Due December 22
--------------------------------------------------------
The creditors of Vetra Finance Corporation are required to file
their proofs of debt by December 22, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on November 11,
2010.

The company's liquidator is:

         David Dyer Alan Corkish
         Deutsche Bank (Cayman) Limited
         PO Box 1984, Boundary Hall
         Cricket Square, 171 Elgin Avenue
         Grand Cayman KY1-1104
         Cayman Islands


WAB COMPANY: Placed Under Voluntary Wind-Up
-------------------------------------------
At an extraordinary general meeting held on November 11, 2010, the
shareholder of Wab Company Limited resolved to voluntarily wind up
the company's operations.

The company's liquidator is:

         Commerce Corporate Services Limited
         P.O. Box 694, Grand Cayman
         Telephone: 949-8666
         Facsimile: 949-0626
         P.O. Box 694, Grand Cayman
         Cayman Islands


ZANDER OFFSHORE: Creditors' Proofs of Debt Due December 23
----------------------------------------------------------
The creditors of Zander Offshore Ltd are required to file their
proofs of debt by December 23, 2010, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on November 12,
2010.

The company's liquidator is:

         DMS Corporate Services Ltd.
         Bernadette Bailey-Lewis
         Telephone: (345) 946-7665
         Facsimile: (345) 946-7666
         dms Corporate Services Ltd.
         dms House, 2nd Floor
         P.O. Box 1344, Grand Cayman KY1-1108
         Cayman Islands


=============
J A M A I C A
=============


CARIBBEAN CEMENT: Incurs JM$1.1BB Net Loss for 9Months Ended Sept.
------------------------------------------------------------------
RadioJamaica reports that Caribbean Cement Company's balance sheet
for the nine month period January to September show it racked up a
net loss of JM$1.1 billion from JM$75 million loss suffered during
the corresponding period last year.

According to RadioJamaica, during the third quarter Caribbean
Cement suffered a JM$925 million deficit that was largely due to
the shutdown of the new Kiln for 40 days during August and
September, a JM$300 million reduction in domestic sales revenues
and costs associated with a staff rationalization program.

RadioJamaica notes that this was compounded by a further plunge in
the domestic market for cement, which has declined by
approximately 31% over the last three years.

Caribbean Cement Company manufactures and sells cement.


===========
M E X I C O
===========


VITRO SAB: Noteholders Ask Court to Block Non-Consensual Exchange
-----------------------------------------------------------------
The Ad Hoc Group of Vitro Noteholders, which is comprised of
holders of approximately US$700 million of the Senior Notes issued
by Vitro S.A.B. de C.V. disclosed that certain of its members have
filed requests for injunctions and petitions seeking the opening
of involuntary reorganization proceedings in Mexico against Vitro
and its Mexican subsidiaries that are guarantors of the Senior
Notes.  The petitions were filed last week, pending determination
by the presiding court of certain preliminary matters raised by
the petitioning creditors, who are being represented in the
actions by Jaime R. Guerra Gonzalez and Jesus Angel Guerra Mendez
of Guerra Gonzalez y Asociados, S.C.

Vitro has been in default on its Senior Notes and has not made
payment thereon for nearly two years.  Negotiations for a
consensual restructuring between Vitro and the Ad Hoc Noteholder
Group broke down in the fall.  Vitro then commenced solicitation
of votes on an exchange offer that had not been agreed to by the
Ad Hoc Noteholder Group and did not provide for the payment in
full of Vitro's unsecured debts, including the Senior Notes,
despite leaving in place Vitro's current shareholders. Shortly
thereafter, Vitro announced its intention to impose the deal on
its noteholders, even if they rejected it, by causing over US$1.9
billion of intercompany claims (substantially all of which were
reportedly created within the past year, according to Vitro) to
vote to accept the deal.  According to Vitro, such insider voting
would make the unsecured class an accepting class even if a
majority of noteholders rejected it.

The Ad Hoc Noteholder Group has consistently announced its
opposition to the deal and has confirmed that its members, who
hold or are advisors to holders of nearly 60% of Vitro's Senior
Notes, have agreed not to accept the proposed exchange.  A subset
of the group commenced involuntary U.S. bankruptcy cases in
November against Vitro's U.S. subsidiary guarantors.  The
presiding judge has ordered the U.S. subsidiaries to provide
discovery to the noteholders on an expedited basis.

The foregoing shall not be construed as tax, legal, business,
financial, accounting or other advice, and noteholders are
encouraged to consult their own advisors.

Sincerely,

Ad Hoc Noteholder Group

                         About Vitro SAB

Headquartered in Monterrey, Mexico, Vitro, S.A.B. de C.V. (BMV:
VITROA; NYSE: VTO), through its two subsidiaries, Vitro Envases
Norteamerica, SA de C.V. and Vimexico, S.A. de C.V., is a global
glass producer, serving the construction and automotive glass
markets and glass containers needs of the food, beverage, wine,
liquor, cosmetics and pharmaceutical industries.

Knighthead Master Fund, L.P., Lord Abbett Bond-Debenture Fund,
Inc., Davidson Kempner Distressed Opportunities Fund LP, and
Brookville Horizons Fund, L.P., commenced involuntary bankruptcy
cases under Chapter 11 of the U.S. Bankruptcy Code against Vitro
Asset Corp. -- aka American Asset Holding Corp., Imperial Arts
Corp., VK Corp., and Oriental Glass, Inc. -- on November 17, 2010
(Bankr. N.D. Tex. Case No. 10-47470).

Affiliates Vitro Chemicals, Fibers & Mining, LLC (Bankr. N.D. Tex.
Case No. 10-47472); Vitro America, LLC (Bankr. N.D. Tex. Case No.
10-47473); Troper Services, Inc. (Bankr. N.D. Tex. Case No. 10-
47474); Super Sky Products, Inc. (Bankr. N.D. Tex. Case No. 10-
47475); Super Sky International, Inc. (Bankr. N.D. Tex. Case No.
10-47476); VVP Holdings, LLC (Bankr. N.D. Tex. Case No. 10-47477);
Amsilco Holdings, Inc. (Bankr. N.D. Tex. Case No. 10-47478);
B.B.O. Holdings, Inc. (Bankr. N.D. Tex. Case No. 10-47479);
Binswanger Glass Company (Bankr. N.D. Tex. Case No. 10-47480);
Crisa Corporation (Bankr. N.D. Tex. Case No. 10-47481); VVP
Finance Corporation (Bankr. N.D. Tex. Case No. 10-47482); VVP Auto
Glass, Inc. (Bankr. N.D. Tex. Case No. 10-47483); V-MX Holdings,
LLC (Bankr. N.D. Tex. Case No. 10-47484); and Vitro Packaging, LLC
(Bankr. N.D. Tex. Case No. 10-47485) are also subject to
involuntary petitions by the petitioning creditors.


====================
P U E R T O  R I C O
====================


MAYAGUEZ ADVANCED: Court Won't Reconsider Suit Dismissal
--------------------------------------------------------
Judge Brian K. Tester declined Mayaguez Advanced Radiotherapy
Center, Inc.'s request to reconsider its dismissal of the case,
Mayaguez Advanced Radiotherapy Center, Inc., v. Mayaguez Medical
Center-Dr. Ramon Emeterio Betances, Inc.; et als. (Bankr. D. P.R.
Adv. Pro. No. 10-0159).  The Defendant objected to the Motion to
Reconsider.  According to Judge Tester, absent a manifest error of
law or newly found evidence, the Court is not in a position to
reconsider its previous order.

A copy of the Court's Opinion and Order, dated December 3, 2010,
is available at http://is.gd/ik56Lfrom Leagle.com.

Based in Mayaguez, Puerto Rico, Mayaguez Advanced Radiotherapy
Center filed for Chapter 11 bankruptcy (Bankr. D. P.R. Case No.
09-04540) on June 2, 2009.  Fausto D. Godreau Zayas, Esq. --
dgodreau@LBRGlaw.com -- at Latimer, Biaggi, Rachid & Godreau, LLP,
serves as Debtor's counsel.  The Debtor disclosed US$3,810,510 in
total assets and US$1,357,473 in total debts in its schedules
attached to the petition.


===============
X X X X X X X X
===============


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

Dec. 9-11, 2010
AMERICAN BANKRUPTCY INSTITUTE
   Winter Leadership Conference
      Camelback Inn, a JW Marriott Resort & Spa,
      Scottsdale, Ariz.
         Contact: 1-703-739-0800; http://www.abiworld.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/

January 26-28, 2011
TURNAROUND MANAGEMENT ASSOCIATION
   TMA Distressed Investing Conference
      Aria Las Vegas
         Contact: http://www.turnaround.org/

Jan. 27-28, 2011
AMERICAN BANKRUPTCY INSTITUTE
   Rocky Mountain Bankruptcy Conference
      Westin Tabor Center, Denver, Colo.
         Contact: 1-703-739-0800; http://www.abiworld.org/

Feb. 3-5, 2011
AMERICAN BANKRUPTCY INSTITUTE
   Caribbean Insolvency Symposium
      Westin Casuarina Resort & Spa, Grand Cayman Island
         Contact: 1-703-739-0800; http://www.abiworld.org/

Feb. 24-25, 2011
AMERICAN BANKRUPTCY INSTITUTE
   Valcon
      Four Seasons Las Vegas, Las Vegas, Nev.
         Contact: 1-703-739-0800; http://www.abiworld.org/

Mar. 4, 2011
AMERICAN BANKRUPTCY INSTITUTE
   Bankruptcy Battleground West
      Hyatt Regency Century Plaza, Los Angeles, Calif.
         Contact: 1-703-739-0800; http://www.abiworld.org/

Mar. 7-9, 2011
AMERICAN BANKRUPTCY INSTITUTE
   Conrad Duberstein Moot Court Competition
      Duberstein U.S. Courthouse, New York, N.Y.
         Contact: 1-703-739-0800; http://www.abiworld.org/

Mar. 10, 2011
AMERICAN BANKRUPTCY INSTITUTE
   Nuts and Bolts - Florida
      Tampa, Fla.
         Contact: 1-703-739-0800; http://www.abiworld.org/

Mar. 10-12, 2011
AMERICAN BANKRUPTCY INSTITUTE
   SUCL/ Alexander L. Paskay Seminar on
   Bankruptcy Law and Practice
      Marriott Tampa Waterside, Tampa, Fla.
         Contact: 1-703-739-0800; http://www.abiworld.org/

Mar. 17-19, 2011
AMERICAN BANKRUPTCY INSTITUTE
   Byrne Judicial Clerkship Institute
      Pepperdine University School of Law, Malibu, Calif.
         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,
      National Harbor, Md.
         Contact: 1-703-739-0800; http://www.abiworld.org/

April 27-29, 2011
TURNAROUND MANAGEMENT ASSOCIATION
   TMA Spring Conference
      JW Marriott, Chicago, IL
         Contact: http://www.turnaround.org/

May 5, 2011
AMERICAN BANKRUPTCY INSTITUTE
   Nuts and Bolts - New York City
      Association of the Bar of the City of New York,
      New York, N.Y.
         Contact: 1-703-739-0800; http://www.abiworld.org/

May 6, 2011
AMERICAN BANKRUPTCY INSTITUTE
   New York City Bankruptcy Conference
      Hilton New York, New York, N.Y.
         Contact: 1-703-739-0800; http://www.abiworld.org/

June 6, 2011
AMERICAN BANKRUPTCY INSTITUTE
   Canadian-American Cross-Border Insolvency Symposium
      Fairmont Royal York, Toronto, Ont.
         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, Mich.
            Contact: http://www.abiworld.org/

July 21-24, 2011
AMERICAN BANKRUPTCY INSTITUTE
   Northeast Bankruptcy Conference
      Hyatt Regency Newport, Newport, R.I.
         Contact: 1-703-739-0800; http://www.abiworld.org/

July 27-30, 2011
AMERICAN BANKRUPTCY INSTITUTE
   Southeast Bankruptcy Workshop
      The Sanctuary at Kiawah Island, Kiawah Island, S.C.
         Contact: 1-703-739-0800; http://www.abiworld.org/

Aug. 4-6, 2011
AMERICAN BANKRUPTCY INSTITUTE
   Mid-Atlantic Bankruptcy Workshop
      Hotel Hershey, Hershey, Pa.
         Contact: 1-703-739-0800; http://www.abiworld.org/

Oct. 14, 2011
AMERICAN BANKRUPTCY INSTITUTE
   NCBJ/ABI Educational Program
      Tampa Convention Center, Tampa, Fla.
         Contact: 1-703-739-0800; http://www.abiworld.org/

Oct. __, 2011
AMERICAN BANKRUPTCY INSTITUTE
   International Insolvency Symposium
      Dublin, Ireland
         Contact: 1-703-739-0800; http://www.abiworld.org/

Oct. 25-27, 2011
TURNAROUND MANAGEMENT ASSOCIATION
   Hilton San Diego Bayfront, San Diego, CA
      Contact: http://www.turnaround.org/

Dec. 1-3, 2011
AMERICAN BANKRUPTCY INSTITUTE
   23rd Annual Winter Leadership Conference
      La Quinta Resort & Spa, La Quinta, Calif.
         Contact: 1-703-739-0800; http://www.abiworld.org/

Apr. 19-22, 2012
AMERICAN BANKRUPTCY INSTITUTE
   Annual Spring Meeting
      Gaylord National Resort & Convention Center,
      National Harbor, Md.
         Contact: 1-703-739-0800; http://www.abiworld.org/

July 14-17, 2012
AMERICAN BANKRUPTCY INSTITUTE
   Southeast Bankruptcy Workshop
      The Ritz-Carlton Amelia Island, Amelia Island, Fla.
         Contact: 1-703-739-0800; http://www.abiworld.org/

Aug. 2-4, 2012
AMERICAN BANKRUPTCY INSTITUTE
   Mid-Atlantic Bankruptcy Workshop
      Hyatt Regency Chesapeake Bay, Cambridge, Md.
         Contact: 1-703-739-0800; http://www.abiworld.org/

Nov. 29 - Dec. 2, 2012
AMERICAN BANKRUPTCY INSTITUTE
   Winter Leadership Conference
      JW Marriott Starr Pass Resort & Spa, Tucson, Ariz.
         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. Agravante, Rousel Elaine C.
Tumanda, Valerie C. Udtuhan, Psyche A. Castillon, Frauline S.
Abangan, and Peter A. Chapman, Editors.

Copyright 2010.  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.



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