TCRLA_Public/110602.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, June 2, 2011, Vol. 12, No. 108

                            Headlines



B E R M U D A

DOUBLECLICK INTERNATIONAL: Members' Meeting Set for June 29
LSF4 GLOBAL: Creditors' Proofs of Debt Due June 10
LSF4 GLOBAL: Members' Final Meeting Set for July 1
LSF ATAGO: Creditors' Proofs of Debt Due June 10
LSF ATAGO: Members' Final Meeting Set for July 1


C A Y M A N   I S L A N D S

ARCALIS INVESTMENTS: Creditors' Proofs of Debt Due June 22
ASHPLANT INVESTMENTS: Creditors' Proofs of Debt Due June 30
ASHSTEAD INVESTMENTS: Creditors' Proofs of Debt Due June 30
BLACK RIVER: Creditors' Proofs of Debt Due June 23
BLACK RIVER: Creditors' Proofs of Debt Due June 23

COEUS CAPITAL: Creditors' Proofs of Debt Due June 15
COEUS CAPITAL: Creditors' Proofs of Debt Due June 15
EILEEN MARY: Creditors' Proofs of Debt Due June 30
ERIN INTERESTS: Creditors' Proofs of Debt Due June 30
PHZ LONG/SHORT: Creditors' Proofs of Debt Due June 8

RETNUH LIMITED: Creditors' Proofs of Debt Due June 22
ROGER WESTLAKE: Creditors' Proofs of Debt Due June 30
SANDRINGHAM LONG/SHORT: Creditors' Proofs of Debt Due June 22


D O M I N I C A N   R E P U B L I C

* DOMINICAN REPUBLIC: Government Issues US$663.1MM Bond on Debt


M E X I C O

SATELITES MEXICANOS: Emerges From U.S. Bankruptcy


P U E R T O  R I C O

HORIZON LINES: Aims to Salvage New York Stock Exchange Listing


X X X X X X X X

* Upcoming Meetings, Conferences and Seminars




                            - - - - -


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


DOUBLECLICK INTERNATIONAL: Members' Meeting Set for June 29
-----------------------------------------------------------
The members of Doubleclick International Tech Solutions Limited
will hold their final general meeting on June 29, 2011, at
11:00 a.m., to receive the liquidator's report on the company's
wind-up proceedings and property disposal.

Charles Thresh is the company's liquidator.


LSF4 GLOBAL: Creditors' Proofs of Debt Due June 10
--------------------------------------------------
The creditors of LSF4 Global Capital, Ltd. are required to file
their proofs of debt by June 10, 2011, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on May 26, 2011.

The company's liquidator is:

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


LSF4 GLOBAL: Members' Final Meeting Set for July 1
--------------------------------------------------
The members of LSF4 Global Capital, Ltd. will hold their final
meeting on July 1, 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 May 26, 2011.

The company's liquidator is:

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


LSF ATAGO: Creditors' Proofs of Debt Due June 10
------------------------------------------------
The creditors of LSF Atago Holdings, Ltd. are required to file
their proofs of debt by June 10, 2011, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on May 26, 2011.

The company's liquidator is:

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


LSF ATAGO: Members' Final Meeting Set for July 1
------------------------------------------------
The members of LSF Atago Holdings, Ltd. will hold their final
meeting on July 1, 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 May 26, 2011.

The company's liquidator is:

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


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


ARCALIS INVESTMENTS: Creditors' Proofs of Debt Due June 22
----------------------------------------------------------
The creditors of Arcalis Investments Limited are required to file
their proofs of debt by June 22, 2011, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on May 6, 2011.

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


ASHPLANT INVESTMENTS: Creditors' Proofs of Debt Due June 30
-----------------------------------------------------------
The creditors of Ashplant Investments are required to file their
proofs of debt by June 30, 2011, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on May 12, 2011.

The company's liquidator is:

         Peter Charles Spencer Keeble
         P.O. Box 2
         Port St Mary
         Isle of Man, IM99 7PB
         Telephone: +44 870 460 0763
         Facsimile: +44 870 458 2568


ASHSTEAD INVESTMENTS: Creditors' Proofs of Debt Due June 30
-----------------------------------------------------------
The creditors of Ashstead Investments are required to file their
proofs of debt by June 30, 2011, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on May 12, 2011.

The company's liquidator is:

         Peter Charles Spencer Keeble
         P.O. Box 2
         Port St Mary
         Isle of Man, IM99 7PB
         Telephone: +44 870 460 0763
         Facsimile: +44 870 458 2568


BLACK RIVER: Creditors' Proofs of Debt Due June 23
--------------------------------------------------
The creditors of Black River Commodity Energy Opportunity Fund
(Onshore) Ltd. are required to file their proofs of debt by
June 23, 2011, to be included in the company's dividend
distribution.

The company commenced liquidation proceedings on May 9, 2011.

The company's liquidator is:

         Marc Randall
         c/o Maples Liquidation Services (Cayman) Limited
         P.O. Box 1093, Boundary Hall
         Grand Cayman KY1-1102
         Cayman Islands


BLACK RIVER: Creditors' Proofs of Debt Due June 23
--------------------------------------------------
The creditors of Black River Commodity Energy Opportunity Fund
(Offshore) Ltd. are required to file their proofs of debt by
June 23, 2011, to be included in the company's dividend
distribution.

The company commenced liquidation proceedings on May 9, 2011.

The company's liquidator is:

         Marc Randall
         c/o Maples Liquidation Services (Cayman) Limited
         P.O. Box 1093, Boundary Hall
         Grand Cayman KY1-1102
         Cayman Islands


COEUS CAPITAL: Creditors' Proofs of Debt Due June 15
----------------------------------------------------
The creditors of Coeus Capital Master Fund Ltd. are required to
file their proofs of debt by June 15, 2011, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on April 29, 2011.

The company's liquidator is:

         Ogier
         Jody Powery-Gilbert
         Telephone: (345) 949-9876
         Facsimile: (345) 949-9877
         c/o Ogier
         89 Nexus Way, Camana Bay
         Grand Cayman KY1-9007
         Cayman Islands


COEUS CAPITAL: Creditors' Proofs of Debt Due June 15
----------------------------------------------------
The creditors of Coeus Capital Offshore Ltd. are required to file
their proofs of debt by June 15, 2011, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on April 29, 2011.

The company's liquidator is:

         Ogier
         Jody Powery-Gilbert
         Telephone: (345) 949-9876
         Facsimile: (345) 949-9877
         c/o Ogier
         89 Nexus Way, Camana Bay
         Grand Cayman KY1-9007
         Cayman Islands


EILEEN MARY: Creditors' Proofs of Debt Due June 30
--------------------------------------------------
The creditors of Eileen Mary Taylor are required to file their
proofs of debt by June 30, 2011, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on May 12, 2011.

The company's liquidator is:

         Peter Charles Spencer Keeble
         P.O. Box 2
         Port St Mary
         Isle of Man, IM99 7PB
         Telephone: +44 870 460 0763
         Facsimile: +44 870 458 2568


ERIN INTERESTS: Creditors' Proofs of Debt Due June 30
-----------------------------------------------------
The creditors of Erin Interests are required to file their proofs
of debt by June 30, 2011, to be included in the company's dividend
distribution.

The company commenced wind-up proceedings on May 12, 2011.

The company's liquidator is:

         Peter Charles Spencer Keeble
         P.O. Box 2
         Port St Mary
         Isle of Man, IM99 7PB
         Telephone: +44 870 460 0763
         Facsimile: +44 870 458 2568


PHZ LONG/SHORT: Creditors' Proofs of Debt Due June 8
----------------------------------------------------
The creditors of PHZ Long/Short Trading Ltd. are required to file
their proofs of debt by June 8, 2011, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on May 12, 2011.

The company's liquidator is:

         Mourant Ozannes Cayman Liquidators Limited
         c/o Mourant Ozannes
         Reference: Christine Fletcher
         Telephone: (+1) 345 949 4123
         Facsimile:  (+1) 345 949 4647; or

         Mourant Ozannes Cayman Liquidators Limited
         Reference: 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


RETNUH LIMITED: Creditors' Proofs of Debt Due June 22
-----------------------------------------------------
The creditors of Retnuh Limited are required to file their proofs
of debt by June 22, 2011, to be included in the company's dividend
distribution.

The company commenced wind-up proceedings on May 13, 2011.

The company's liquidator is:

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


ROGER WESTLAKE: Creditors' Proofs of Debt Due June 30
-----------------------------------------------------
The creditors of Roger Westlake are required to file their proofs
of debt by June 30, 2011, to be included in the company's dividend
distribution.

The company commenced wind-up proceedings on May 12, 2011.

The company's liquidator is:

         Peter Charles Spencer Keeble
         P.O. Box 2
         Port St Mary
         Isle of Man, IM99 7PB
         Telephone: +44 870 460 0763
         Facsimile: +44 870 458 2568


SANDRINGHAM LONG/SHORT: Creditors' Proofs of Debt Due June 22
-------------------------------------------------------------
The creditors of Sandringham Long/Short Fund II are required to
file their proofs of debt by June 22, 2011, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on May 13, 2011.

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


===================================
D O M I N I C A N   R E P U B L I C
===================================


* DOMINICAN REPUBLIC: Government Issues US$663.1MM Bond on Debt
---------------------------------------------------------------
Dominican Today reports that President Leonel Fernandez signed a
25.2 billion peso (US$663.1M) bond on the national debt into law,
which designates the Treasury Ministry to place it in internal
markets.

Legislation 131-11 stipulates that the bond is to be placed in the
Budget within the authorized fiscal period, with the primary offer
via public auction at the local level and according to its
internal procedures, according to Dominican Today.

It adds that the titles will be issued in multiples of 100,000
pesos and be freely negotiable in the secondary market, bourse and
extra-stock exchange, as Dominican Republic's Titles Law
stipulates and in the Treasury Ministry's national debt titles
negotiation market, administered by the Public Credit Agency,
Dominican Today notes.

The report adds that the new bond law specifies that the
amortization of the Titles could be realized upon maturity or
fractioned.

                          *     *     *

As of May 14, 2011, the Dominican Republic continues to carry
Moody's "B2" Country Ceiling long-term bank and currency ratings.
The country also continues to carry Standard and Poor's "B"
currency long term and short term ratings.


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


SATELITES MEXICANOS: Emerges From U.S. Bankruptcy
-------------------------------------------------
Satelites Mexicanos, S.A. de C.V. disclosed that on May 26, 2011
it officially concluded its reorganization efforts and emerged
from its U.S. bankruptcy case.  As previously announced, Satmex,
together with its subsidiaries, Alterna' TV Corporation and
Alterna' TV International Corporation, filed a prepackaged plan of
reorganization under Chapter 11 of the U.S. Bankruptcy Code on
April 6, 2011.  The Plan was confirmed by the U.S. Bankruptcy
Court in the District of Delaware on May 11, 2011 and became
effective on May 26, 2011.

In accordance with the terms of the Plan, Satmex's former First
Priority Senior Secured Notes due 2011 were repaid in full from
the net proceeds of $325 million in principal amount of new 9.5%
senior secured notes due 2017, which were issued at par on May 5,
2011 by Satmex Escrow, S.A. de C.V., a bankruptcy-remote wholly
owned subsidiary of Satmex.  As set forth in the Plan, Satmex
Escrow merged with and into Satmex in connection with the
emergence of Satmex and its subsidiaries from Chapter 11.  The
Notes are Satmex's only secured indebtedness.

The remaining net proceeds from the offering of the Notes and the
proceeds of a completed $96.25 million rights offering of equity
securities to holders of Satmex's Second Priority Senior Secured
Notes due 2013 were used to purchase 100% of the former equity in
Satmex and will be used to fund the completion of the Satmex's
Satmex 8 satellite scheduled to be launched in 2012 to replace its
Satmex 5 satellite and to position Satmex to pursue future growth
opportunities.

"We are pleased to have so quickly completed this financial
restructuring and have our plan confirmed by the Court only 35
days after our filing, particularly in light of its significant
complexity.  We now have the funding to finish the construction
and launch of our Satmex 8 satellite as well as the financial
flexibility to move forward with Satmex 7 at the appropriate
time", said Patricio E. Northland, Satmex Chief Executive Officer.
"We are also fortunate to welcome new members to our Board of
Directors, one of whom is Jim Frownfelter, who has over 25 years
of experience in the technology and communications industry,
including senior positions at Intelsat (News - Alert) and
PanAmSat.  We particularly appreciate the support of the Mexican
government throughout this process both as a regulator and a
former shareholder," added Mr. Northland.

"Centerbridge Partners, L.P. and the new equity holders, including
both members of the De Alba family and the former holders of the
Company's 2006 Second Priority Senior Secured Notes, would like to
thank the management team and all of the advisors who helped in
this successful prepackaged plan of reorganization" said Jared
Hendricks, a Managing Director of Centerbridge Partners, L.P. "The
equity sponsors look forward to being part of Satmex's continued
investment and growth in providing fixed satellite, broadband
satellite and programming distribution services."

"Monarch is excited to continue its four year long investment in
Satmex, now as a shareholder, and I am pleased to be joining the
Board.  We view this transaction as transformational, positioning
Satmex for continued operational performance and the successful
completion and launches of Satmex 8 and Satmex 7", said Josiah
Rotenberg, Managing Principal of Monarch Alternative Capital LP.
Lazard and its Mexican alliance partner, Alfaro, Davila y Rios,
S.C. served as financial advisors to Satmex.  Greenberg Traurig
served as U.S. counsel and Rubio Villegas & Asociados served as
Satmex's Mexican counsel.

                       Confirmation Order

Judge Christopher S. Sontchi confirmed of the modified joint
prepackaged plan of reorganization of Satmex and its subsidiaries,
Alterna' TV Corporation and Alterna' TV International Corporation,
on May 11, 2011.

The modified Plan, dated May 6, 2011, was filed shortly before the
Court entered its ruling.  The modified Plan includes some non-
material and some details related to the notes offering under the
Plan.  A copy of the May 6 Plan is available at:

        http://bankrupt.com/misc/SATMEX_modPlanMay6.pdf

As reported by the Troubled Company Reporter on May 12, 2011, the
Plan is purely a balance sheet restructuring, and has no effect on
employees or trade creditors.  As part of the Plan, the issuance
of $325 million in principal amount of new 9.5% senior secured
notes due 2017 was approved.  The Notes were issued at par on May
5, 2011, by Satmex Escrow, S.A. de C.V., a bankruptcy-remote
wholly owned subsidiary of Satmex.

                         About Satmex SAB

Satelites Mexicanos, S.A. de C.V., (Satmex) is a Mexico-based
provider of fixed satellite services in the Americas, with
coverage to more than 90% of the population to the Americas,
including more than 45 nations and territories.  Satmex also
provides Latin American television programming in the United
States.

One of only two privately managed FSS providers based in Latin
America, Satmex has a fleet comprised of three satellites.  Satmex
5 and Satmex 6 generate the adjusted EBITDA for Satmex.  A third
satellite, Solidaridad 2, is inclined orbit but does not generate
any adjusted EBITDA.  Construction of Satmex 8 is expected to be
completed by July 2012.  Satmex also intends to pursue plans for a
new satellite, to be named Satmex 7.

Satmex first filed for bankruptcy in August 2006 in New York and
exited four months later with a plan to repay creditors owed about
US$743 million with new debt and equity.

Satmex, with affiliates Alterna' TV International Corporation and
Alterna' TV Corporation, again filed for Chapter 11 bankruptcy
protection (Bankr. D. Del. Case No. 11-11035) on April 6, 2011.
The Debtors disclosed US$441.6 million in total assets and
US$531.6 million in total debts as of March 23, 2011.  In its
schedules, Satmex disclosed US$393,427,253 in total assets
and US$457,699,978 in total debts on a stand-alone basis.

Victoria Watson Counihan, Esq., at Greenberg Traurig, LLP, serves
as the Debtor's bankruptcy counsel in the present Chapter 11 case.
Lazard Freres & Co. LLC is the Debtors' investment banker.  Ernst
& Young LLP is the Debtors' financial advisor.

Jefferies & Company, Inc., is the financial advisor to supporting
second lien noteholders.  Ropes & Gray LLP is the U.S. counsel to
supporting second lien noteholders.  Cervantes Sainz serves as
Mexican counsel to supporting 2nd lien noteholders.

Dechert LLP is the U.S. counsel to supporting holders of first
priority notes.  Galicia Abogados, S.C., is the Mexican counsel to
supporting holders of first priority notes.

Bracewell & Giuliani LLP is the U.S. counsel to Series B.
Directors.  Kuri Brena Sanchez Ugarte Y Aznar is Mexican counsel
to Series B. Directors.

Morgan, Lewis & Bockius LLP is the U.S. counsel for SCT for Mexico
Government.  Casares, Castelazo, Frias, Tenorio Y Zarate, SC, is
the Mexican counsel for SCT for Mexico Government.  Detente Group
is the financial advisor for SCT for Mexico Government.

Latham & Watkins LLP is the U.S. counsel to Jefferies Finance.
Creel, Garcia-Cuellar, Aiza Y Enriquez is the Mexican counsel for
Jefferies.


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


HORIZON LINES: Aims to Salvage New York Stock Exchange Listing
--------------------------------------------------------------
Kevin Mead at Caribbean Business reports that Horizon Lines is
facing a potential delisting from the New York Stock Exchange
(NYSE) as it works to buoy its foundering finances.

Horizon Lines said it has been notified by the NYSE that it has
fallen below the NYSE's continued listing standards related to
minimum market capitalization in combination with stockholders'
equity, according to Caribbean Business.  The report relates that
Horizon Lines is considered below continued listing criteria
established by the NYSE because the company's market
capitalization averaged less than US$50 million over a consecutive
30 trading-day period at the same time that stockholders' equity
was below US$50 million.

According to NYSE continued listing criteria, a NYSE-listed
company must maintain average market capitalization of not less
than US$50 million over a 30 trading-day period and stockholders'
equity of not less than US$50 million, Caribbean Business notes.

Caribbean Business discloses that Horizon Lines' stockholders'
equity was below US$50 million in its most recent 10-Q filed with
the Securities and Exchange Commission on April 29, 2011, for the
quarter ended March 27, 2011.

Horizon Lines has notified the NYSE that it will submit a plan to
restore compliance.

The company is currently in discussions to refinance its debt and,
as part of the plan to restore compliance; it hopes that a
successful refinancing outcome, if achieved, will help cure the
deficiency, Caribbean Business relates.

Horizon Lines, Inc. -- http://www.horizonlines.com-- is an ocean
shipping and integrated logistics company.  It has operations in
Puerto Rico.


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


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

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/

April 3-5, 2012
  TURNAROUND MANAGEMENT ASSOCIATION
     TMA Spring Conference
        Grand Hyatt Atlanta, Atlanta, Ga.
           Contact: http://www.turnaround.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/

November 1-3, 2012
  TURNAROUND MANAGEMENT ASSOCIATION
     TMA Annual Convention
        Westin Copley Place, Boston, Mass.
           Contact: http://www.turnaround.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/

April 10-12, 2013
  TURNAROUND MANAGEMENT ASSOCIATION
     TMA Spring Conference
        JW Marriott Chicago, Chicago, Ill.
           Contact: http://www.turnaround.org/

October 3-5, 2013
  TURNAROUND MANAGEMENT ASSOCIATION
     TMA Annual Convention
        Marriott Wardman Park, Washington, D.C.
           Contact: http://www.turnaround.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.


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