TCRLA_Public/120823.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, August 23, 2012, Vol. 13, No. 168


                            Headlines



B E L I Z E

* BELIZE: Bondholders Reject Debt Offer


B R A Z I L

CELPA: Brazil to Weigh Requests, Judge Seeks Bid Resolution


C A Y M A N   I S L A N D S

21 LIMITED: Commences Liquidation Proceedings
CAYMAN TELEVISION: Creditors' Proofs of Debt Due Sept. 24
EIDESIS SYNTHETIC: Creditors' Proofs of Debt Due Sept. 13
EXPO HEALTH: Creditors' Proofs of Debt Due Sept. 3
FCM CAT FUND: Creditors' Proofs of Debt Due Sept. 13

FCM CAT MASTER: Creditors' Proofs of Debt Due Sept. 13
GESHOA FUND: Creditors' Proofs of Debt Due Sept. 14
GLOBAL TRADING: Creditors' Proofs of Debt Due Sept. 13
PLAINFIELD SPECIAL: Creditors' Proofs of Debt Due Sept. 13
TRIDENT MICROSYSTEMS: Deal Lets Unsec. Creditors Get Full Payment

WALLACE AUSTRALIA: Creditors' Proofs of Debt Due Sept. 13


C O L O M B I A

CEMEX SAB: Wins 90% Acceptance of Offer to Extend Maturities


P U E R T O  R I C O

BERWIND REALTY: Has Access to BPPR Cash Collateral for 90 Days


X X X X X X X X

* Upcoming Meetings, Conferences and Seminars




                            - - - - -


===========
B E L I Z E
===========


* BELIZE: Bondholders Reject Debt Offer
---------------------------------------
Ye Xie and Adam Williams at Bloomberg News report that Bank of
Nova Scotia (BNS) and Citigroup Inc said Belize is offering
bondholders 20 cents on the dollar in a debt restructuring, worse
than what Argentina gave creditors following its 2001 default.

While the bonds are trading at 34.50 cents on the dollar,
Scotiabank said the government's three proposals to restructure
the debt give the securities a net present value of about 20
cents, the least among 16 sovereign debt restructurings since
1998, according to Bloomberg News.

Belize's offer "is not a haircut, it's a scalping, . . .  It puts
Belize in the same league as the most punishing restructurings in
sovereign history," Bloomberg News quoted Arturo Porzecanski, a
professor of international finance at American University in
Washington, as saying.

Bloomberg News notes that the bonds from the country traded at
almost 50 cents the first week of August, before Prime Minister
Dean Barrow said the government couldn't afford to make the coupon
payment.  While a restructuring may deprive the $1.4 billion
economy of foreign capital, it would let Barrow divert money to
cover a budget deficit he said will climb to 2.5% of gross
domestic product this year from 1.1% in 2011, Bloomberg News says.

In response to the missed payment, Bloomberg News discloses that
Standard & Poor's lowered Belize's rating to selective default and
said investors were likely to recover 30% to 50% of the bonds'
face value in a restructuring.

Bloomberg News says that Belize's debt servicing costs increased
after the coupon on the so-called superbond climbed to 8.5% in
February from 6% as part of an accord reached with investors in
2007.

Falling oil and tourism revenue added further strains, which may
worsen after an agreement is reached with shareholders of
nationalized companies Belize Telemedia Ltd. and Belize
Electricity Ltd., according to the central bank, Bloomberg News
adds.

As reported in the Troubled Company Reporter-Latin America on
Aug. 20, 2012, Dean Barrow at RJR News related that the government
of Belize said it is unable to make an Aug. 20, 2012, coupon
payment on the country's US dollar Step-Up Bonds due 2029.  The
amount due to be paid on August 20 is $23 million on its $546.8
million bonds due 2029, according to RJR News.  The report noted
that Prime Minister of Belize and Minister of Finance and Economic
Development Dean Barrow said the Step-Up Bond alone represents
approximately one-half of Belize's total recorded public
indebtedness.  This sets up a potential default if the country is
not able to restructure its debt, the report said.



===========
B R A Z I L
===========


CELPA: Brazil to Weigh Requests, Judge Seeks Bid Resolution
-----------------------------------------------------------
Mario Sergio Lima and Rodrigo Orihuela at Bloomberg News report
that Brazil's electricity regulator will consider requests by
Equatorial Energia SA regarding a bid to take over Centrais
Eletricas do Para SA (Celpa) following a judge's request to
accelerate the process.

Equatorial Energia has requested an easing of service targets and
fines during a transitional period as part of its offer to take
over Celpa, which is operating under bankruptcy protection, Nelson
Hubner, director of the regulator known as ANEEL, told reporters,
according to Bloomberg News.

Bloomberg News notes that Equatorial's bid needs to be accepted by
creditors and shareholders of Celpa.  A creditors meeting to
discuss the bid was rescheduled for the third time after Judge
Maria Filomena De Almeida Buarque said certain regulatory
procedures have not been completed, the report relays.

The judge doesn't want to postpone the meeting again and asked
ANEEL to make a decision by Aug. 31, Mr. Hubner said, Bloomberg
News notes.

Equatorial plans to merge Celpa with Sao Luis, Brazil-based Cia
Energetica do Maranhao, known as Cemar, two people familiar with
the deal told Bloomberg in June.

                       *     *     *

As reported in the Troubled Company Reporter on March 5, 2012,
Moody's downgraded the Issuer ratings of Centrais Eletricas do
Para (CELPA) to Ca from B3 on the global scale and to Ca.br from
B1.br on the Brazilian national scale. At the same time, Moody's
downgraded to Ca from B3 the rating of the senior unsecured 5-
year US$250 million bonds issued by CELPA. Following this rating
action, Moody's will withdraw both ratings given that CELPA filed
for court protection under the Brazilian bankruptcy and
reorganization law (Judicial Recovery).



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


21 LIMITED: Commences Liquidation Proceedings
---------------------------------------------
On July 9, 2012, the sole member of 21 Limited resolved to
voluntarily liquidate the company's business.

Only creditors who were able to file their proofs of debt by
Aug. 20, 2012, will be included in the company's dividend
distribution.

The company's liquidator is:

         Jacqueline Loh
         Level 13, 1 Queen's Road Central
         Hong Kong
         c/o Mr. Philip C Pedro
         HSBC International Trustee Limited
         Compass Point Bermudiana Road
         Hamilton HM 11
         Bermuda
         Telephone: (441) 299-6482
         Facsimile: (441) 279-5832


CAYMAN TELEVISION: Creditors' Proofs of Debt Due Sept. 24
---------------------------------------------------------
The creditors of Cayman Television Service Ltd. are required to
file their proofs of debt by Sept. 24, 2012, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on June 11, 2012.

The company's liquidator is:

         Jeffrey D. Johnstone
         c/o Broadhurst LLC
         P.O. Box 2503
         40 Linwood Street
         Grand Cayman KY1-1104
         Cayman Islands
         Telephone: (345) 949-7237
         Facsimile: (345) 949-7725


EIDESIS SYNTHETIC: Creditors' Proofs of Debt Due Sept. 13
---------------------------------------------------------
The creditors of Eidesis Synthetic Opportunities Fund, Ltd. are
required to file their proofs of debt by Sept. 13, 2012, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on July 25, 2012.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


EXPO HEALTH: Creditors' Proofs of Debt Due Sept. 3
--------------------------------------------------
The creditors of Expo Health Sciences Fund, Ltd. are required to
file their proofs of debt by Sept. 3, 2012, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on July 23, 2012.

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


FCM CAT FUND: Creditors' Proofs of Debt Due Sept. 13
----------------------------------------------------
The creditors of FCM Cat Fund, Ltd. are required to file their
proofs of debt by Sept. 13, 2012, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on July 25, 2012.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


FCM CAT MASTER: Creditors' Proofs of Debt Due Sept. 13
------------------------------------------------------
The creditors of FCM Cat Master Fund, Ltd. are required to file
their proofs of debt by Sept. 13, 2012, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on July 25, 2012.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


GESHOA FUND: Creditors' Proofs of Debt Due Sept. 14
---------------------------------------------------
The creditors of Geshoa Fund are required to file their proofs of
debt by Sept. 14, 2012, to be included in the company's dividend
distribution.

The company commenced liquidation proceedings on July 23, 2012.

The company's liquidator is:

         K.D. Blake
         PO Box 493 Grand Cayman KY1-1106
         Cayman Islands
         c/o Nicola Wright
         Telephone: 345-815-2621 / 345-949-4800
         Facsimile: 345-949-7164


GLOBAL TRADING: Creditors' Proofs of Debt Due Sept. 13
------------------------------------------------------
The creditors of Global Trading Strategies (Cayman) Fund are
required to file their proofs of debt by Sept. 13, 2012, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on July 26, 2012.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


PLAINFIELD SPECIAL: Creditors' Proofs of Debt Due Sept. 13
----------------------------------------------------------
The creditors of Plainfield Special Situations Offshore Feeder
Fund II Limited are required to file their proofs of debt by
Sept. 13, 2012, to be included in the company's dividend
distribution.

The company commenced liquidation proceedings on July 26, 2012.

The company's liquidator is:

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


TRIDENT MICROSYSTEMS: Deal Lets Unsec. Creditors Get Full Payment
-----------------------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports Trident Microsystems Inc. reached a settlement with the
liquidators of Caymans Islands affiliate Trident Microsystems
(Far East) Ltd. where unsecured creditor will be paid in full with
money left over for shareholders.

According to the report, the company said in court papers last
week that after filing for Chapter 11 protection in January, it
sold the businesses and generated $90 million, leaving $70 million
for distribution after payment of expenses.  The impediment to
distribution was a disagreement over the $73.2 million claim that
Trident has against TMFE, which is now represented by liquidators
appointed by a court in the Cayman Islands.

The report relates that last week, Trident, its official
shareholders' committee, and the Cayman Islands liquidators
reached a settlement that will come up for approval at a hearing
on Sept. 21 in U.S. Bankruptcy Court in Delaware.  The settlement
provides for the liquidators to receive up to $14.9 million cash,
allowing unsecured creditors of TMFE to realize a recover not
exceeding 90%.

Mr. Rochelle also reports Trident filed a proposed liquidating
Chapter 11 plan and explanatory disclosure statement.  Unsecured
creditors with claims of up to $8 million against Trident will be
paid in full, with an unspecified excess going to shareholders.

                     About Trident Microsystems

Sunnyvale, California-based Trident Microsystems, Inc., currently
designs, develops, and markets integrated circuits and related
software for processing, displaying, and transmitting high quality
audio, graphics, and images in home consumer electronics
applications such as digital TVs, PC-TV, and analog TVs, and set-
top boxes.  The Company has research and development facilities in
Beijing and Shanghai, China; Freiburg, Germany; Eindhoven and
Nijmegen, The Netherlands; Belfast, United Kingdom; Bangalore and
Hyderabad, India; Austin, Texas; and Sunnyvale, California. The
Company has sales offices in Seoul, South Korea; Tokyo, Japan;
Hong Kong and Shenzhen, China; Taipei, Taiwan; San Diego,
California; Mumbai, India; and Suresnes, France. The Company also
has operations facilities in Taipei and Kaoshiung, Taiwan; and
Hong Kong, China.

Trident Microsystems and its Cayman subsidiary, Trident
Microsystems (Far East) Ltd. filed for Chapter 11 bankruptcy
protection (Bankr. D. Del. Lead Case No. 12-10069) on Jan. 4,
2011.  Trident said it expects to shortly file for protection in
the Cayman Islands.

Judge Christopher S. Sontchi presides over the case.  Lawyers at
DLA Piper LLP (US) serve as the Debtors' counsel.  FTI Consulting,
Inc., is the financial advisor.  Union Square Advisors LLC serves
as the Debtors' investment banker.  PricewaterhouseCoopers LLP
serves as the Debtors' tax advisor and independent auditor.
Kurtzman Carson Consultants is the claims and notice agent.

Trident had $310 million in assets and $39.6 million in
liabilities as of Oct. 31, 2011.  The petition was signed by David
L. Teichmann, executive VP, general counsel & corporate secretary.

Pachulski Stang Ziehl & Jones LLP represents the Official
Committee of Unsecured Creditors.  The Committee tapped to retain
Fenwick & West LLP as its special tax and claims counsel, Imperial
Capital, LLC, as its investment banker and financial advisor.

Dewey & LebBeuf represented the statutory committee of equity
security holders.  The equity committee then retained Proskauer
Rose LLP after Dewey filed its own bankruptcy.  The committee also
tapped to retain Campbells as Cayman Islands counsel, and Quinn
Emanuel Urquhart & Sullivan, LLP as its conflicts counsel.

Trident has sold its assets.  The television business went for
about $22.5 million cash to Sigma Designs Inc.  Entropic
Communications Inc. took the set-top box business for $65 million.


WALLACE AUSTRALIA: Creditors' Proofs of Debt Due Sept. 13
---------------------------------------------------------
The creditors of Wallace Australia Opportunities Fund are required
to file their proofs of debt by Sept. 13, 2012, to be included in
the company's dividend distribution.

The company commenced liquidation proceedings on July 27, 2012.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847



===============
C O L O M B I A
===============


CEMEX SAB: Wins 90% Acceptance of Offer to Extend Maturities
------------------------------------------------------------
Brendan Case at Bloomberg News reports that CEMEX Mexico, S.A. de
C.V. won more than 90% acceptance of an offer to extend maturities
on $7.25 billion of loans by three years.

"This means it's a successful deal. . . . This is good for the
bonds, it's good for the stock," the report quoted Jim Harper, an
analyst at BCP Securities, as saying in a telephone interview from
Greenwich, Connecticut.

Bloomberg News notes that support for the proposal, whose
acceptance deadline was extended to Sept. 7, bolsters Cemex SAB's
efforts to prevent a financing crunch in 2014 by pushing
maturities to 2017.

The company has posted 11 straight quarterly losses after the U.S.
housing slump and global economic slowdown hurt demand for
building materials, Bloomberg News says.

Bloomberg News discloses that Cemex SAB, which originally planned
to close the transaction if it won backing from holders of 95% of
the debt, said the terms will be modified to allow completion with
91% acceptance if the higher target isn't met by Sept. 7.

In addition to the 90% who agreed to the offer already, another
1.5% have already indicated they plan to do so, the Monterrey,
Cemex SAB said, Bloomberg News notes.

Based on current acceptance notices from creditors wanting new
high-yield notes that are part of the offer, Cemex SAB said it
anticipated issuing a principal amount of $470 million, the report
says.  The company said in June that it would issue as much as
$500 million of the notes, Bloomberg News adds.

                         About CEMEX SAB

CEMEX, S.A.B. de C.V. is a Mexican corporation, a holding company
of entities which main activities are oriented to the construction
industry, through the production, marketing, distribution and sale
of cement, ready-mix concrete, aggregates and other construction
materials.  CEMEX is a public stock corporation with variable
capital (S.A.B. de C.V.) organized under the laws of the United
Mexican States, or Mexico.

                            *     *     *

As reported in the Troubled Company Reporter-Latin America on
July 10, 2012, Fitch Ratings has assigned a 'B+/RR3' rating to
CEMEX, S.A.B. de C.V.'s proposed senior secured high yield note
issuance.  These notes will be issued in an amount up to $500
million.  These exchange notes are being offered to holders of the
company's Financing Agreement debt in a cashless transaction and
will have a maturity date of June 2018.



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


BERWIND REALTY: Has Access to BPPR Cash Collateral for 90 Days
--------------------------------------------------------------
U.S. Bankruptcy Judge Brian K. Tester this month approved a
settlement whereby Banco Popular de Puerto Rico consents to
Berwind Realty LLC's limited use of certain rents and postpetition
income to satisfy certain operating expenses.

The Debtor's income is derived essentially from collecting rents
from tenants in the Debtor's various commercial properties.

According to BPPR, prior to the bankruptcy filing, the bank
foreclosed all of the rents and as such the rents are property of
BPPR and not property of the Debtor's estate.

The Debtor, however, contests that BPPR effectively foreclosed the
Rents, and asserts that the postpetition rents are not subject to
BPPR's foreclosure attempt.  At the very most, the Debtor argues,
BPPR has a lien on the Rents and such cash collateral can be used
pursuant to Section 363 of the Bankruptcy Code.

To avoid further legal costs to the estate, the Debtor and BPPR
have agreed to set the controversy in abeyance for 90 days, and
allow the Debtor to use the rents and postpetition income, so that
the parties can explore a potential consensual resolution of the
foreclosure controversy or, in the alternative, to present a
consensual plan of reorganization.

As adequate protection, the Debtor grants to BPPR a replacement
lien and a post-petition security interest on all of the assets.

                     About Berwind Realty

Berwind Realty, LLC, filed a Chapter 11 petition (Bankr. D. P.R.
Case No. 12-02701) in Old San Juan, Puerto Rico, on April 5, 2012.
Berwind Realty, a real estate firm, scheduled assets of
$53.8 million and liabilities of $58.1 million.  Berwind Realty's
president, Saleh Yassin signed the petition.  Charles A. Cuprill,
PSC Law Offices, serves as bankruptcy counsel.



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


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

Aug. 16-17, 2012
   MRBS, INC. & CINCINNATI BAR ASSOCIATION
      2012 Midwest Regional Bankruptcy Seminar
         Westin Hotel, Cincinnati, Ohio
            Contact:  1-513-699-1397; http://www.mrbseminar.com/

Sept. 13-14, 2012
   AMERICAN BANKRUPTCY INSTITUTE
      9th Annual Complex Financial Restructuring Program
         Four Seasons Hotel, Las Vegas, Nev.
            Contact:  1-703-739-0800; http://www.abiworld.org/

Sept. 13-15, 2012
   AMERICAN BANKRUPTCY INSTITUTE
      20th Annual Southwest Bankruptcy Conference
         Four Seasons Hotel, Las Vegas, Nev.
            Contact:  1-703-739-0800; http://www.abiworld.org/

Sept. 19-20, 2012
   AMERICAN BANKRUPTCY INSTITUTE
      38th Annual Lawrence P. King and Charles Seligson
      Workshop on Bankruptcy & Business Reorganizations
         New York University School of Law, New York, N.Y.
            Contact:  1-703-739-0800; http://www.abiworld.org/

Oct. 4, 2012
   AMERICAN BANKRUPTCY INSTITUTE
      Nuts & Bolts: Bankruptcy Fundamentals for
      Young and New Practitioners
         Charles Evans Whittaker Courthouse, Kansas City, Mo.
            Contact:  1-703-739-0800; http://www.abiworld.org/

Oct. 5, 2012
   AMERICAN BANKRUPTCY INSTITUTE
      32nd Annual Midwestern Bankruptcy Institute & Consumer Forum
         Kansas City Marriott Downtown, Kansas City, Mo.
            Contact:  1-703-739-0800; http://www.abiworld.org/

Oct. 5, 2012
   AMERICAN BANKRUPTCY INSTITUTE
      Bankruptcy 2012: Views from the Bench
         Georgetown University Law Center, Washington, D.C.
            Contact:  1-703-739-0800; http://www.abiworld.org/

Oct. 8, 2012
   AMERICAN BANKRUPTCY INSTITUTE
      5th Annual Chicago Consumer Bankruptcy Conference
         University of Chicago Gleacher Center, Chicago, Ill.
            Contact:  1-703-739-0800; http://www.abiworld.org/

Oct. 18, 2012
   AMERICAN BANKRUPTCY INSTITUTE
      International Insolvency & Restructuring Symposium
         Parco dei Principi Grand Hotel & Spa, Rome, Italy
            Contact:  1-703-739-0800; http://www.abiworld.org/

Oct. 26, 2012
   AMERICAN BANKRUPTCY INSTITUTE
      NCBJ/ABI Educational Program
         San Diego Marriott Marquis and Marina, San Diego, Calif.
            Contact:  1-703-739-0800; http://www.abiworld.org/

Nov. 1-2, 2012
   AMERICAN BANKRUPTCY INSTITUTE
      Corporate Restructuring Competition
         Wharton University of Pennsylvania, Philadelphia, Pa.
            Contact:  1-703-739-0800; http://www.abiworld.org/

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

Nov. 12, 2012
   AMERICAN BANKRUPTCY INSTITUTE
      Detroit Consumer Bankruptcy Conference
         [Location Undetermined]
            Contact:  1-703-739-0800; http://www.abiworld.org/

Nov. 26, 2012
   BEARD GROUP, INC.
      19th Annual Distressed Investing Conference
          The Helmsley Park Lane Hotel, New York, N.Y.
          Contact:  240-629-3300 or http://bankrupt.com/

Nov. 29-30, 2012
   MID-SOUTH COMMERCIAL LAW INSTITUTE
      33rd Annual Bankruptcy & Commercial Law Seminar
         Nashville Marriott at Vanderbilt, Nashville, Tenn.
            Contact:  1-703-739-0800; http://www.abiworld.org/

Nov. 29 - Dec. 1, 2012
   AMERICAN BANKRUPTCY INSTITUTE
      Winter Leadership Conference
         JW Marriott Starr Pass Resort & Spa, Tucson, Ariz.
            Contact:  1-703-739-0800; http://www.abiworld.org/

Dec. 4-8, 2012
   AMERICAN BANKRUPTCY INSTITUTE
      ABI/SJUSL Mediation Training Symposium
         St. John's University, Queens, N.Y.
            Contact:  1-703-739-0800; http://www.abiworld.org/

Feb. 20-22, 2013
   AMERICAN BANKRUPTCY INSTITUTE
      VALCON
         Four Seasons Las Vegas, Las Vegas, Nev.
            Contact:  1-703-739-0800; http://www.abiworld.org/

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

Apr. 18-21, 2013
   AMERICAN BANKRUPTCY INSTITUTE
      Annual Spring Meeting
         Gaylord National Resort & Convention Center,
         National Harbor, Md.
            Contact:  1-703-739-0800; http://www.abiworld.org/

June 13-16, 2013
   AMERICAN BANKRUPTCY INSTITUTE
      Central States Bankruptcy Workshop
         Grand Traverse Resort, Traverse City, Mich.
            Contact:  1-703-739-0800; http://www.abiworld.org/

July 11-13, 2013
   AMERICAN BANKRUPTCY INSTITUTE
      Northeast Bankruptcy Conference
         Hyatt Regency Newport, Newport, R.I.
            Contact:  1-703-739-0800; http://www.abiworld.org/

July 18-21, 2013
   AMERICAN BANKRUPTCY INSTITUTE
      Southeast Bankruptcy Workshop
         The Ritz-Carlton Amelia Island, Amelia Island, Fla.
            Contact:  1-703-739-0800; http://www.abiworld.org/

Aug. 8-10, 2013
   AMERICAN BANKRUPTCY INSTITUTE
      Mid-Atlantic Bankruptcy Workshop
         Hotel Hershey, Hershey, Pa.
            Contact:  1-703-739-0800; http://www.abiworld.org/

Aug. 22-24, 2013
   AMERICAN BANKRUPTCY INSTITUTE
      Southwest Bankruptcy Conference
         Hyatt Regency Lake Tahoe, Incline Village, Nev.
            Contact:  1-703-739-0800; http://www.abiworld.org/

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

Nov. 1, 2013
   AMERICAN BANKRUPTCY INSTITUTE
      NCBJ/ABI Educational Program
         Atlanta Marriott Marquis, Atlanta, Ga.
            Contact:  1-703-739-0800; http://www.abiworld.org/

Dec. 2, 2013
   BEARD GROUP, INC.
      19th Annual Distressed Investing Conference
          The Helmsley Park Lane Hotel, New York, N.Y.
          Contact:  240-629-3300 or http://bankrupt.com/

Dec. 5-7, 2013
   AMERICAN BANKRUPTCY INSTITUTE
      Winter Leadership Conference
         Terranea Resort, Rancho Palos Verdes, Calif.
            Contact:  1-703-739-0800; http://www.abiworld.org/

The Meetings, Conferences and Seminars column appears in the
Troubled Company Reporter each Wednesday.  Submissions via
e-mail to conferences@bankrupt.com are encouraged.


                            ***********


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


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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, Ivy B. Magdadaro, Frauline S.
Abangan, and Peter A. Chapman, Editors.

Copyright 2012.  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 Peter Chapman at 240/629-3300.


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