/raid1/www/Hosts/bankrupt/TCRLA

/raid1/www/Hosts/bankrupt/TCRLA_Public/110203.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, February 3, 2011, Vol. 12, No. 24 Headlines B R A Z I L BANCO PANAMERICANO: Magnate Agrees to Sell Bank to Banco BTG C A Y M A N I S L A N D S ANTHRACITE BALANCED: Creditors' Proofs of Debt Due February 5 ANTHRACITE BALANCED: Creditors' Proofs of Debt Due February 5 ANTHRACITE BALANCED: Creditors' Proofs of Debt Due February 5 ARJAVA ABSOLUTE: Placed Under Voluntary Wind-Up ARJAVA ABSOLUTE: Placed Under Voluntary Wind-Up ARJAVA ABSOLUTE: Placed Under Voluntary Wind-Up BRIDGE CAPITAL: Placed Under Voluntary Wind-Up CORINTHIANS SPORTS: Placed Under Voluntary Wind-Up FREMANTLE LTD: Placed Under Voluntary Wind-Up GCOF SPV I: Placed Under Voluntary Wind-Up GCOF SPV II: Placed Under Voluntary Wind-Up GCPII SPV I: Placed Under Voluntary Wind-Up GCPII SPV II: Placed Under Voluntary Wind-Up HELIUM CAPITAL: S&P Withdraws 'CCC-' Rating on Series 79 Notes IMPALA ALTERNATIVE: Commences Liquidation Proceedings JASPER FINANCE: Creditors' Proofs of Debt Due February 5 JPMORGAN ALPHA: Commences Liquidation Proceedings LEHMAN BROTHERS: Placed Under Voluntary Wind-Up LONGVIEW OPPORTUNITIES: Commences Liquidation Proceedings MC GP: Commences Liquidation Proceedings MICROCHIP HOLDINGS: Placed Under Voluntary Wind-Up NADYMOND INVESTMENTS: Placed Under Voluntary Wind-Up NORTH ENTERPRISES: Placed Under Voluntary Wind-Up ORYX ASIA: Creditors' Proofs of Debt Due February 3 PIMCO LIQUIDITY: Commences Liquidation Proceedings PIMCO LIQUIDITY: Commences Liquidation Proceedings SAIL ADVISORS: Placed Under Voluntary Wind-Up SHELTER COVE: Placed Under Voluntary Wind-Up THAMES RIVER: Creditors' Proofs of Debt Due February 5 VITA CAPITAL: Placed Under Voluntary Wind-Up M E X I C O VITRO SAB: Appeal to Overturn Ruling to Dismiss Petition Rejected X X X X X X X X * Upcoming Meetings, Conferences and Seminars - - - - - =========== B R A Z I L =========== BANCO PANAMERICANO: Magnate Agrees to Sell Bank to Banco BTG ------------------------------------------------------------ Laura Price at Bloomberg News, citing O Estado de S. Paulo, reports that Silvio Santos, a Brazilian media magnate, agreed to sell Banco Panamericano SA to Banco BTG Pactual SA after receiving a call on Jan. 31, 2011, from central bank President Alexandre Tombini. As reported in the Troubled Company Reporter-Latin America on November 12, 2010, Bloomberg News said that Banco Panamericano SA could have been liquidated or subjected to a central bank intervention to sell its assets if its controller had not tapped BRL2.5 billion from Brazil's deposit insurance fund to rescue the bank. According to the report, Mr. Ferreira said that talks to rescue Panamericano started Oct. 11 and were conducted by Brazilian media mogul Silvio Santos, who controls the bank. About Banco Panamericano Bank offers loans, personal credit, investments, credit cards, and lease financing. Banco Panamericano operates throughout Brazil. * * * As of July 27, 2010, the company continues to carry Moody's "Ba2" long-term rating, foreign currency long-term debt rating, and long-term bank deposits ratings. =========================== C A Y M A N I S L A N D S =========================== ANTHRACITE BALANCED: Creditors' Proofs of Debt Due February 5 ------------------------------------------------------------- The creditors of Anthracite Balanced Company (IR-16) Limited are required to file their proofs of debt by February 5, 2011, to be included in the company's dividend distribution. The company commenced liquidation proceedings on December 20, 2010. The company's liquidator is: Ian D. Stokoe c/o Priscilla Connor Telephone: (345) 914 8745 Facsimile: (345) 945 4237 P.O. Box 258, Grand Cayman KY1-1104 Cayman Islands ANTHRACITE BALANCED: Creditors' Proofs of Debt Due February 5 ------------------------------------------------------------- The creditors of Anthracite Balanced Company (JR-35) Limited are required to file their proofs of debt by February 5, 2011, to be included in the company's dividend distribution. The company commenced liquidation proceedings on December 20, 2010. The company's liquidator is: Ian D. Stokoe c/o Priscilla Connor Telephone: (345) 914 8745 Facsimile: (345) 945 4237 P.O. Box 258, Grand Cayman KY1-1104 Cayman Islands ANTHRACITE BALANCED: Creditors' Proofs of Debt Due February 5 ------------------------------------------------------------- The creditors of Anthracite Balanced Company (JR-28) Limited are required to file their proofs of debt by February 5, 2011, to be included in the company's dividend distribution. The company commenced liquidation proceedings on December 21, 2010. The company's liquidator is: Ian D. Stokoe c/o Priscilla Connor Telephone: (345) 914 8745 Facsimile: (345) 945 4237 P.O. Box 258, Grand Cayman KY1-1104 Cayman Islands ARJAVA ABSOLUTE: Placed Under Voluntary Wind-Up ----------------------------------------------- On December 21, 2010, the sole shareholder of Arjava Absolute Return Asia Equity (US Feeder) Fund resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 28, 2011, will be included in the company's dividend distribution. The company's liquidator is: Arjava Capital Pte Ltd Blk 220B Bedok Central #10-38 Singapore 048580 Telephone: 6236 0643 Facsimile: 6236 0640 ARJAVA ABSOLUTE: Placed Under Voluntary Wind-Up ----------------------------------------------- On December 21, 2010, the sole shareholder of Arjava Absolute Return Asia Equity Fund resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 28, 2011, will be included in the company's dividend distribution. The company's liquidator is: Arjava Capital Pte Ltd Blk 220B Bedok Central #10-38 Singapore 048580 Telephone: 6236 0643 Facsimile: 6236 0640 ARJAVA ABSOLUTE: Placed Under Voluntary Wind-Up ----------------------------------------------- On December 21, 2010, the sole shareholder of Arjava Absolute Return Asia Equity (Feeder) Fund resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 28, 2011, will be included in the company's dividend distribution. The company's liquidator is: Arjava Capital Pte Ltd Blk 220B Bedok Central #10-38 Singapore 048580 Telephone: 6236 0643 Facsimile: 6236 0640 BRIDGE CAPITAL: Placed Under Voluntary Wind-Up ---------------------------------------------- On December 21, 2010, the sole shareholder of Bridge Capital Limited resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 24, 2011, will be included in the company's dividend distribution. The company's liquidator is: Eagle Holdings Ltd. c/o Barclays Private Bank & Trust (Cayman) Limited FirstCaribbean House, 4th Floor P.O. Box 487, Grand Cayman KY1-1106 Cayman Islands Telephone: 345 949-7128 CORINTHIANS SPORTS: Placed Under Voluntary Wind-Up -------------------------------------------------- On December 22, 2010, the sole shareholder of Corinthians Sports Licensing Company resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 27, 2011, will be included in the company's dividend distribution. The company's liquidators are: E. Andrew Hersant Christopher Humphries c/o Stuarts Walker Hersant Telephone: (345) 949 3344 Facsimile: (345) 949 2888 P.O. Box 2510, Grand Cayman KY1-1104 Cayman Islands FREMANTLE LTD: Placed Under Voluntary Wind-Up --------------------------------------------- On December 21, 2010, the shareholder of Fremantle Ltd. resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 22, 2011, will be included in the company's dividend distribution. The company's liquidators are: Connan Hill Bronwynne R. Arch Telephone: 949-7755 Facsimile: 949-7634 P.O. Box 1109, Grand Cayman KY-1102 Cayman Islands GCOF SPV I: Placed Under Voluntary Wind-Up ------------------------------------------ On December 31, 2010, the sole shareholder of GCOF SPV I resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 24, 2011, will be included in the company's dividend distribution. The company's liquidator is: Ogier c/o Daniella Skotnicki Telephone: (345) 815-1861 Facsimile: (345) 949-9877 89 Nexus Way, Camana Bay Grand Cayman KY1-9007 Cayman Islands GCOF SPV II: Placed Under Voluntary Wind-Up ------------------------------------------- On December 31, 2010, the sole shareholder of GCOF SPV II resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 24, 2011, will be included in the company's dividend distribution. The company's liquidator is: Ogier c/o Daniella Skotnicki Telephone: (345) 815-1861 Facsimile: (345) 949-9877 89 Nexus Way, Camana Bay Grand Cayman KY1-9007 Cayman Islands GCPII SPV I: Placed Under Voluntary Wind-Up ------------------------------------------- On December 31, 2010, the sole shareholder of GCPII SPV I resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 24, 2011, will be included in the company's dividend distribution. The company's liquidator is: Ogier c/o Daniella Skotnicki Telephone: (345) 815-1861 Facsimile: (345) 949-9877 89 Nexus Way, Camana Bay Grand Cayman KY1-9007 Cayman Islands GCPII SPV II: Placed Under Voluntary Wind-Up -------------------------------------------- On December 31, 2010, the sole shareholder of GCPII SPV II resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 24, 2011, will be included in the company's dividend distribution. The company's liquidator is: Ogier c/o Daniella Skotnicki Telephone: (345) 815-1861 Facsimile: (345) 949-9877 89 Nexus Way, Camana Bay Grand Cayman KY1-9007 Cayman Islands HELIUM CAPITAL: S&P Withdraws 'CCC-' Rating on Series 79 Notes -------------------------------------------------------------- Standard & Poor's Ratings Services withdrew its 'CCC- (sf)' rating on Helium Capital Ltd.'s series 79 US$20 million limited recourse secured floating rate credit-linked notes due 2012. The rating withdrawal follows the arranger's notification to us that the notes have been repurchased by the issuer and cancelled on Jan. 31, 2011. Rating Withdrawn Helium Capital Ltd. Series 79 US$20 million limited recourse secured floating rate credit-linked notes due 2012 To From Issue amount -- ---- ------------ NR CCC- (sf) US$20 mil. The transaction's closing date was July 17, 2007. IMPALA ALTERNATIVE: Commences Liquidation Proceedings ----------------------------------------------------- Impala Alternative Energy Fund Ltd. commenced liquidation proceedings on December 20, 2010. Only creditors who were able to file their proofs of debt by January 25, 2011, will be included in the company's dividend distribution. The company's liquidator is: CDL Company Ltd. P.O. Box 31106, Grand Cayman KY1-1205 Cayman Islands JASPER FINANCE: Creditors' Proofs of Debt Due February 5 -------------------------------------------------------- The creditors of Jasper Finance Limited are required to file their proofs of debt by February 5, 2011, to be included in the company's dividend distribution. The company commenced liquidation proceedings on December 21, 2010. The company's liquidator is: Ian D. Stokoe c/o Priscilla Connor Telephone: (345) 914 8745 Facsimile: (345) 945 4237 P.O. Box 258, Grand Cayman KY1-1104 Cayman Islands JPMORGAN ALPHA: Commences Liquidation Proceedings ------------------------------------------------- JPMorgan Alpha Strategy, Ltd. commenced liquidation proceedings on December 22, 2010. Only creditors who were able to file their proofs of debt by January 25, 2011, will be included in the company's dividend distribution. The company's liquidator is: Walkers Corporate Services Limited c/o Anthony Johnson Telephone: (345) 914-6314 Walker House 87 Mary Street, George Town Grand Cayman KY1-9005 Cayman Islands LEHMAN BROTHERS: Placed Under Voluntary Wind-Up ----------------------------------------------- On December 16, 2010, the sole member of Lehman Brothers Asia Multistrategy Fund, Ltd. resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 27, 2011, will be included in the company's dividend distribution. The company's liquidator is: Richard Finlay c/o Tania Dons Telephone: (345) 814 7766 Facsimile: (345) 945 3902 P.O. Box 2681, Grand Cayman KY1-1111 Cayman Islands LONGVIEW OPPORTUNITIES: Commences Liquidation Proceedings --------------------------------------------------------- Longview Opportunities Master Fund commenced liquidation proceedings on December 22, 2010. Only creditors who were able to file their proofs of debt by January 25, 2011, will be included in the company's dividend distribution. The company's liquidator is: CDL Company Ltd. P.O. Box 31106, Grand Cayman KY1-1205 Cayman Islands MC GP: Commences Liquidation Proceedings ---------------------------------------- MC GP Ltd commenced liquidation proceedings on December 20, 2010. Only creditors who were able to file their proofs of debt by January 25, 2011, will be included in the company's dividend distribution. The company's liquidators are: Mourant Ozannes Cayman Liquidators Limited c/o Marco Archer Telephone: (+1) 345 949 4123 Facsimile: (+1) 345 949 4647; or Mourant Ozannes Cayman Liquidators Limited c/o Peter Goulden Telephone: (+1) 345 949 4123 Facsimile: (+1) 345 949 4647 Harbour Centre, 42 North Church Street P.O. Box 1348, George Town Grand Cayman KY1-1108 Cayman Islands MICROCHIP HOLDINGS: Placed Under Voluntary Wind-Up -------------------------------------------------- On December 17, 2010, the members of Microchip Holdings LDC resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 26, 2011, will be included in the company's dividend distribution. The company's liquidator is: Richard Finlay c/o Noel Webb Telephone: (345) 814 7394 Facsimile: (345) 945 3902 P.O. Box 2681, Grand Cayman KY1-1111 Cayman Islands NADYMOND INVESTMENTS: Placed Under Voluntary Wind-Up ---------------------------------------------------- On December 23, 2010, the sole shareholder of Nadymond Investments Limited resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 24, 2011, will be included in the company's dividend distribution. The company's liquidator is: Eagle Holdings Ltd. c/o Barclays Private Bank & Trust (Cayman) Limited FirstCaribbean House, 4th Floor P.O. Box 487, Grand Cayman KY1-1106 Cayman Islands Telephone: 345 949-7128 NORTH ENTERPRISES: Placed Under Voluntary Wind-Up ------------------------------------------------- On December 21, 2010, the sole shareholder of North Enterprises Ltd. resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 25, 2011, will be included in the company's dividend distribution. The company's liquidator is: Michael Ovitz 1234 Benedict Canyon Drive Beverly Hills 90210, California U.S.A. Telephone: 310-272-8888 Facsimile: 310-300-2424 ORYX ASIA: Creditors' Proofs of Debt Due February 3 --------------------------------------------------- The creditors of Oryx Asia Fund are required to file their proofs of debt by February 3, 2011, to be included in the company's dividend distribution. The company commenced liquidation proceedings on December 14, 2010. The company's liquidator is: Stuart Sybersma c/o 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 PIMCO LIQUIDITY: Commences Liquidation Proceedings -------------------------------------------------- Pimco Liquidity Premium Offshore Fund Ltd. commenced liquidation proceedings on December 21, 2010. Only creditors who were able to file their proofs of debt by January 25, 2011, will be included in the company's dividend distribution. The company's liquidator is: Walkers Corporate Services Limited c/o Anthony Johnson Telephone: (345) 914-6314 Walker House 87 Mary Street, George Town Grand Cayman KY1-9005 Cayman Islands PIMCO LIQUIDITY: Commences Liquidation Proceedings -------------------------------------------------- Pimco Liquidity Premium Master Fund Ltd. commenced liquidation proceedings on December 21, 2010. Only creditors who were able to file their proofs of debt by January 25, 2011, will be included in the company's dividend distribution. The company's liquidator is: Walkers Corporate Services Limited c/o Anthony Johnson Telephone: (345) 914-6314 Walker House 87 Mary Street, George Town Grand Cayman KY1-9005 Cayman Islands SAIL ADVISORS: Placed Under Voluntary Wind-Up --------------------------------------------- On December 10, 2010, the shareholders of Sail Advisors Trustee Limited resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 25, 2011, will be included in the company's dividend distribution. The company's liquidator is: Yan-Yan Li Cheung Kong Centre, 57th Floor 2 Queen's Road Central Hong Kong Telephone: 852 2826 9605 Facsimile: 852 2810 1572 SHELTER COVE: Placed Under Voluntary Wind-Up -------------------------------------------- On December 16, 2010, the sole shareholder of Shelter Cove Capital Holdings resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 25, 2011, will be included in the company's dividend distribution. The company's liquidator is: Chi Foon Tsang Room 921-925, 9th Floor Sun Hung Kai Centre 30 Harbour Road, Wan Chai Hong Kong Telephone: +852 2233 7466 Facsimile: +852 2233 7401 THAMES RIVER: Creditors' Proofs of Debt Due February 5 ------------------------------------------------------ The creditors of Thames River Equity Focus Fund are required to file their proofs of debt by February 5, 2011, to be included in the company's dividend distribution. The company commenced liquidation proceedings on December 21, 2010. The company's liquidator is: Ian D. Stokoe c/o Jodi Jones Telephone: (345) 914 8694 Facsimile: (345) 945 4237 P.O. Box 258, Grand Cayman KY1-1104 Cayman Islands VITA CAPITAL: Placed Under Voluntary Wind-Up -------------------------------------------- On December 21, 2010, the shareholder of Vita Capital II Limited resolved to voluntarily wind up the company's operations. Only creditors who were able to file their proofs of debt by January 22, 2011, will be included in the company's dividend distribution. The company's liquidators are: Connan Hill Bronwynne R. Arch Telephone: 949-7755 Facsimile: 949-7634 P.O. Box 1109, Grand Cayman KY-1102 Cayman Islands =========== M E X I C O =========== VITRO SAB: Appeal to Overturn Ruling to Dismiss Petition Rejected ----------------------------------------------------------------- Thomas Black at Bloomberg News reports that Vitro, S.A.B. de C.V. said that an appeal to overturn a judge's ruling to dismiss its voluntary bankruptcy petition was rejected. The company will seek another appeal within three days, Vitro said in an e-mail statement obtained by the news agency. As reported in the Troubled Company Reporter-Latin America on Jan. 26, 2011, Bloomberg News said that Vitro SAB Chief Executive Officer Hugo Lara said the company filed an appeal in Mexican court to challenge a ruling dismissing the company's voluntary bankruptcy petition. According to Bloomberg, Mr. Lara said it was legal to use US$1.9 billion of intercompany debt to gain majority support for a debt plan that was rejected by third-party creditors. A TCR-LA report on Jan. 12, 2011, citing Bloomberg News, related that Vitro SAB said a Mexican judge rejected a bankruptcy plan the company filed in a Monterrey court. The company plans to appeal the judge's decision to dismiss the petition for bankruptcy, Vitro said in an e-mailed statement obtained by the news agency. 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. Vitro is the largest manufacturer of glass containers and flat glass in Mexico, with consolidated net sales in 2009 of MXN23,991 million (US$1.837 billion). Vitro defaulted on its debt in 2009, and is now seeking to restructure around US$1.5 billion in debt, including US$1.2 billion in notes. Vitro launched an offer to buy back or swap US$1.2 billion in debt from bondholders. The tender offer would be consummated with a bankruptcy filing in Mexico and Chapter 15 filing in the United States. Vitro said noteholders would recover as much as 73% by exchanging existing debt for cash, new debt or convertible bonds. The offer was to expire December 7. Noteholders who oppose the exchange, namely Knighthead Master Fund, L.P., Lord Abbett Bond-Debenture Fund, Inc., Davidson Kempner Distressed Opportunities Fund LP, and Brookville Horizons Fund, L.P. -- which hold US$75 million, or approximately 6% of the outstanding bond debt -- commenced involuntary bankruptcy cases under Chapter 11 of the U.S. Bankruptcy Code against Vitro Asset Corp. (Bankr. N.D. Tex. Case No. 10-47470) and nine other affiliates on November 17, 2010. Vitro engaged Susman Godfrey, L.L.P. as U.S. special litigation Counsel to analyze the potential rights that Vitro may exercise in the United States against the ad hoc group of dissident bondholders and its advisors. A larger group of noteholders, known as the Ad Hoc Group of Vitro Noteholders -- comprised of holders, or investment advisors to holders, which represent approximately US$650 million of the Senior Notes due 2012, 2013 and 2017 issued by Vitro -- was not among the Chapter 11 petitioners, although the group has expressed concerns over the exchange offer. The group says the exchange offer exposes Noteholders who consent to potential adverse consequences that have not been disclosed by Vitro. The group is represented by John Cunningham, Esq., and Richard Kebrdle, Esq. at White & Case LLP. The U.S. affiliates subject to the involuntary petitions are 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). Vitro SAB on December 13, 2010, filed its voluntary petition for a pre-packaged Concurso Plan in the Federal District Court for Civil and Labor Matters for the State of Nuevo Leon, thereby commencing its voluntary concurso mercantil proceedings. Vitro SAB believes that, as a result of the implementation of the Concurso Plan through the Mexican Proceeding, the holders of the Restructured Debt will recover 68% to 75% of the face value of their respective claims. Vitro SAB also commenced parallel proceedings under Chapter 15 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 10-16619) in Manhattan on December 13, 2010, to seek U.S. recognition and deference to its bankruptcy proceedings in Mexico. Alejandro Francisco Sanchez-Mujica, as foreign representative of Vitro, has asked the U.S. Bankruptcy Court to enter an order recognizing the Mexican Proceeding as "foreign main proceeding" pursuant to 11 U.S.C. Sections 1515 and 1517. Early in January 2011, the Mexican Court dismissed the Concurso Mercantil proceedings. =============== X X X X X X X X =============== * Upcoming Meetings, Conferences and Seminars --------------------------------------------- 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 T. Fernandez, Valerie U. Pascual, Psyche A. Castillon, Julie Anne G. Lopez, Ivy B. Magdadaro, Frauline S. Abangan, and Peter A. Chapman, Editors. Copyright 2011. 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 * * *