TCRLA_Public/130123.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

             Wednesday, January 23, 2013, Vol. 14, No. 16


                            Headlines



A R G E N T I N A

BANCO ITAU: Moody's Assigns 'Ba3' Rating to AR$150MM Issuance


B E L I Z E

* BELIZE: To Save $33 Million in 2013 With Bond Agreement


B E R M U D A

ASIA NAVIGATION: Placed Under Voluntary Wind-Up
FME COMPANY: Placed Under Voluntary Wind-Up
FME COMPANY: Member to Receive Wind-Up Report on Feb. 4
FMO COMPANY: Placed Under Voluntary Wind-Up
FMO COMPANY: Member to Receive Wind-Up Report on Feb. 4

FMR COMPANY: Placed Under Voluntary Wind-Up
FMR COMPANY: Member to Receive Wind-Up Report on Feb. 4
PENTELIA DIAMOND: Placed Under Voluntary Wind-Up
PENTELIA DIAMOND: Member to Receive Wind-Up Report on Feb. 6
ZEUS ASSETS: Placed Under Voluntary Wind-Up

ZEUS ASSETS: Members' Final Meeting Set for Feb. 7


B R A Z I L

ANGLO AMERICAN: Plan Closure Highlights Common Woes for SA Miners


C A Y M A N  I S L A N D S

APOLLO MANHATTAN: Shareholders Receive Wind-Up Report
ASHDALE LIMITED: Members Receive Wind-Up Report
BAREN LIMITED: Members Receive Wind-Up Report
CRYSTAL OPPORTUNITIES: Shareholder Receives Wind-Up Report
CRYSTAL OPPORTUNITIES FUND: Shareholder Receives Wind-Up Report

EMERGING MARKETS: Shareholders Receive Wind-Up Report
ETERNAL SUMMIT: Members Receive Wind-Up Report
EURISSIMO LTD: Shareholders Receive Wind-Up Report
F.L.A.C.E.S. MANAGEMENT: Shareholders Receive Wind-Up Report
FONDELEC C.E.E.: Shareholders Receive Wind-Up Report

GCC/HOYTS BRAZIL: Shareholders Receive Wind-Up Report
HUME ASIA: Shareholder Receives Wind-Up Report
HUME ASIA FUND: Shareholder Receives Wind-Up Report
MARATHON SPECIAL: Shareholder Receives Wind-Up Report
MARATHON SPECIAL (OFFSHORE): Shareholder Receives Wind-Up Report

SEVEN ARROWS: Shareholder Receives Wind-Up Report
SINTEMARIE LIMITED: Members Receive Wind-Up Report
TAU COMPASS: Shareholders Receive Wind-Up Report
TMS HOLDINGS: Shareholders Receive Wind-Up Report


J A M A I C A

DIGICEL GROUP: Eyeing Entry in Myanmar


S U R I N A M E

* SURINAME: Partnership With IDB Grew Stronger in 2012


                            - - - - -


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


BANCO ITAU: Moody's Assigns 'Ba3' Rating to AR$150MM Issuance
-------------------------------------------------------------
Moody's Investors Service assigned a Ba3 global local-currency
debt rating to the AR$150 million expected issuance of Banco Itau
Argentina S.A. (Itau), which will be due in 18 months, under the
US$ 250 million multicurrency MTN Program. At the same time,
Moody's Latin America assigned Aa1.ar national scale local
currency debt rating to the expected issuance. The outlook for all
ratings is stable.

The following ratings were assigned to Itau's expected issuance:

  Ar$150 million senior unsecured debt issuance:

  Ba3 Global Local Currency Debt Rating, with stable outlook

  Aa1.ar Argentina National Scale Local Currency Debt Rating, with
  stable outlook

Ratings Rationale

Moody's explained that the local currency senior unsecured debt
rating derives from Itau's Ba3 global local currency deposit
rating. Moody's also noted that seniority was taken into
consideration in the assignment of the debt ratings.

Banco Itau Argentina is headquartered in Buenos Aires, with assets
of Ar$10 billion and deposits of Ar$6.8 billion as of September,
2012.

The principal methodology used in this rating was Moody's
Consolidated Global Bank Rating Methodology published in June
2012.



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


* BELIZE: To Save $33 Million in 2013 With Bond Agreement
---------------------------------------------------------
Adam Williams at Bloomberg News reports that Belize Prime Minister
Dean Barrow said the country's defaulted bondholders and the
government agreed to restructure $544 million of the Belize's
debt.

The final terms, that will save Belize as much as $33 million this
year, will be disclosed in the coming two weeks, Mr. Barrow said,
according to the report.



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


ASIA NAVIGATION: Placed Under Voluntary Wind-Up
-----------------------------------------------
On Dec. 24, 2012, the members of Asia Navigation International
Limited resolved to voluntarily wind up the company's operations.

The company's liquidator is:

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


FME COMPANY: Placed Under Voluntary Wind-Up
-------------------------------------------
On Jan. 1, 2013, the members of FME Company Limited resolved to
voluntarily wind up the company's operations.

Only creditors who were able to file their proofs of debt by
Jan. 18, 2013, will be included in the company's dividend
distribution.

The company's liquidator is:

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


FME COMPANY: Member to Receive Wind-Up Report on Feb. 4
-------------------------------------------------------
The member of FME Company Limited will receive on Feb. 4, 2013, at
9:30 a.m., the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

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


FMO COMPANY: Placed Under Voluntary Wind-Up
-------------------------------------------
On Dec. 26, 2012, the member of FMO Company Limited resolved to
voluntarily wind up the company's operations.

Only creditors who were able to file their proofs of debt by
Jan. 18, 2013, will be included in the company's dividend
distribution.

The company's liquidator is:

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


FMO COMPANY: Member to Receive Wind-Up Report on Feb. 4
-------------------------------------------------------
The member of FMO Company Limited will receive on Feb. 4, 2013, at
9:30 a.m., the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

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


FMR COMPANY: Placed Under Voluntary Wind-Up
-------------------------------------------
On Jan. 1, 2013, the member of FMR Company Ltd. resolved to
voluntarily wind up the company's operations.

Only creditors who were able to file their proofs of debt by
Jan. 18, 2013, will be included in the company's dividend
distribution.

The company's liquidator is:

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


FMR COMPANY: Member to Receive Wind-Up Report on Feb. 4
-------------------------------------------------------
The member of FMR Company Ltd. will receive on Feb. 4, 2013, at
9:30 a.m., the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

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


PENTELIA DIAMOND: Placed Under Voluntary Wind-Up
------------------------------------------------
On Dec. 21, 2012, the member of Pentelia Diamond Capital
Management Ltd. resolved to voluntarily wind up the company's
operations.

Only creditors who were able to file their proofs of debt by
Jan. 18, 2013, will be included in the company's dividend
distribution.

The company's liquidator is:

         Kehinde A. L. George
         Crawford House, 50 Cedar Avenue
         Hamilton HM 11
         Bermuda


PENTELIA DIAMOND: Member to Receive Wind-Up Report on Feb. 6
------------------------------------------------------------
The member of Pentelia Diamond Capital Management Ltd. will
receive on Feb. 6, 2013, at 11:00 a.m., the liquidator's report on
the company's wind-up proceedings and property disposal.

The company's liquidator is:

         Kehinde A. L. George
         Crawford House, 50 Cedar Avenue
         Hamilton HM 11
         Bermuda


ZEUS ASSETS: Placed Under Voluntary Wind-Up
-------------------------------------------
On Dec. 28, 2012, the members of Zeus Assets Limited resolved to
voluntarily wind up the company's operations.

Only creditors who were able to file their proofs of debt by
Jan. 18, 2013, will be included in the company's dividend
distribution.

The company's liquidator is:

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


ZEUS ASSETS: Members' Final Meeting Set for Feb. 7
--------------------------------------------------
The members of Zeus Assets Limited will hold their final general
meeting on Feb. 7, 2013, at 9:30 a.m., to receive the liquidator's
report on the company's wind-up proceedings and property disposal.

The company's liquidator is:

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



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


ANGLO AMERICAN: Plan Closure Highlights Common Woes for SA Miners
-----------------------------------------------------------------
Anglo American Platinum's decision to mothball and/or sell higher
cost operations in South Africa highlights the difficult mix of
labour-intensive production and sharply rising wage costs in the
country's platinum and gold mining industries, Fitch Ratings says.
"If the company succeeds with its restructuring plans in the face
of government and union opposition, we would expect other
operators to follow suit," Fitch says.

"Gold and platinum mining in South Africa is more labor intensive
than in many other countries and the four shafts being closed by
Anglo American fall into this category; in part because of the
depth at which mining takes place. We estimate that labor costs
for South African gold and platinum miners account for around 40%
of the total, compared to around 20% for coal and iron ore mines.
Big wage hikes, such as the 22% increase agreed between Lonmin and
striking workers last year, are therefore harder for companies to
absorb," Fitch states.

"This mix has been a growing problem for years, but we believe
cost inflation is likely to have a marked impact on mining
companies' results in 2013 due to stagnant commodity prices. In
previous periods of high cost inflation, the impact on results was
masked by rising prices.

"For Anglo American, the shutdown of four shafts at its
subsidiary's Rustenburg operations and the sale of the Union mines
would cut platinum production by around 20%. The plans are likely
to be neutral to positive for Anglo American's credit profile,
given the weaker profitability of the operations being closed.
However, we expect the group to face significant political
pressure to reverse or water down its plans as well as the
potential for ongoing strike action and disruption at other
facilities throughout the process, which could harm production in
the near term.

"While Anglo American has stopped short of announcing the
permanent closure of the four Rustenburg shafts, we believe it is
highly unlikely that they will be reopened in the foreseeable
future, because of the company's desire to focus on lower-cost,
long-term projects. Smaller miners that decide to shutter
unprofitable mines might be more willing to reopen them if gold or
platinum prices rose enough to make the operations profitable
again," Fitch adds.



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


APOLLO MANHATTAN: Shareholders Receive Wind-Up Report
-----------------------------------------------------
On Dec. 19, 2012, the shareholders of Apollo Manhattan Holdings
Limited received the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

         DMS Corporate Services Ltd.
         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


ASHDALE LIMITED: Members Receive Wind-Up Report
-----------------------------------------------
On Dec. 20, 2012, the members of Ashdale Limited received the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         Buchanan Limited
         P.O. Box 1170, George Town
         Grand Cayman KY1-1102
         Cayman Islands


BAREN LIMITED: Members Receive Wind-Up Report
---------------------------------------------
On Dec. 16, 2012, the members of Baren Limited received the
liquidator's report on the company's wind-up proceedings and
property disposal.

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


CRYSTAL OPPORTUNITIES: Shareholder Receives Wind-Up Report
----------------------------------------------------------
On Dec. 21, 2012, the shareholder of Crystal Opportunities Fund,
Ltd. received the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

         Intertrust Corporate Services (Cayman) Limited
         87 Mary Street, George Town
         Grand Cayman KY1-9002
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


CRYSTAL OPPORTUNITIES FUND: Shareholder Receives Wind-Up Report
---------------------------------------------------------------
On Dec. 21, 2012, the shareholder of Crystal Opportunities Fund
Offshore, Ltd. received the liquidator's report on the company's
wind-up proceedings and property disposal.

The company's liquidator is:

         Intertrust Corporate Services (Cayman) Limited
         87 Mary Street, George Town
         Grand Cayman KY1-9002
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


EMERGING MARKETS: Shareholders Receive Wind-Up Report
-----------------------------------------------------
On Dec. 21, 2012, the shareholders of Emerging Markets Macro Fund
Ltd. received the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

         Intertrust Corporate Services (Cayman) Limited
         87 Mary Street, George Town
         Grand Cayman KY1-9002
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


ETERNAL SUMMIT: Members Receive Wind-Up Report
----------------------------------------------
On Dec. 11, 2012, the members of Eternal Summit Limited received
the liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         Buchanan Limited
         P.O. Box 1170, George Town
         Grand Cayman KY1-1102
         Cayman Islands


EURISSIMO LTD: Shareholders Receive Wind-Up Report
--------------------------------------------------
The shareholders of Eurissimo Ltd. received on Dec. 14, 2012, the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidators are:

         Stuart Brankin
         Desmond Campbell
         Telephone: (345) 949 5586
         c/o Aston Corporate Managers, Ltd.
         P.O. Box 1981 Grand Cayman KY1-1104
         Cayman Islands


F.L.A.C.E.S. MANAGEMENT: Shareholders Receive Wind-Up Report
------------------------------------------------------------
On Dec. 21, 2012, the shareholders of F.L.A.C.E.S. Management
Corp. received the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

         Intertrust Corporate Services (Cayman) Limited
         87 Mary Street, George Town
         Grand Cayman KY1-9002
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


FONDELEC C.E.E.: Shareholders Receive Wind-Up Report
----------------------------------------------------
On Dec. 21, 2012, the shareholders of Fondelec C.E.E. Management
Corp. received the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

         Intertrust Corporate Services (Cayman) Limited
         87 Mary Street, George Town
         Grand Cayman KY1-9002
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


GCC/HOYTS BRAZIL: Shareholders Receive Wind-Up Report
-----------------------------------------------------
On Dec. 11, 2012, the shareholders of GCC/Hoyts Brazil Holdings,
Inc. received the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

         Valmir Fernandes
         Valmir Fernandes of 3900 Dallas Parkway
         Suite 500 Plano
         Texas 75093
         Telephone: +1 972.665.1024
         Facsimile: +1 972.665.1003


HUME ASIA: Shareholder Receives Wind-Up Report
----------------------------------------------
On Dec. 19, 2012, the shareholder of Hume Asia Master Fund
received the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

         Ogier
         c/o Jo-Anne Maher
         Telephone: (345) 815-1762
         Facsimile: (345) 949-9877


HUME ASIA FUND: Shareholder Receives Wind-Up Report
---------------------------------------------------
On Dec. 19, 2012, the shareholder of Hume Asia Fund received the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         Ogier
         c/o Jo-Anne Maher
         Telephone: (345) 815-1762
         Facsimile: (345) 949-9877


MARATHON SPECIAL: Shareholder Receives Wind-Up Report
-----------------------------------------------------
On Dec. 13, 2012, the shareholder of Marathon Special Opportunity
Liquidating Fund, Ltd. received the liquidator's report on the
company's wind-up proceedings and property disposal.

The company's liquidator is:

         Ogier
         c/o Michael Lubin
         Telephone: (345) 815-1793
         Facsimile: (345) 949-9877


MARATHON SPECIAL (OFFSHORE): Shareholder Receives Wind-Up Report
----------------------------------------------------------------
On Dec. 13, 2012, the shareholder of Marathon Special Opportunity
Liquidating (Offshore) Fund, Ltd. received the liquidator's report
on the company's wind-up proceedings and property disposal.

The company's liquidator is:

         Ogier
         c/o Michael Lubin
         Telephone: (345) 815-1793
         Facsimile: (345) 949-9877


SEVEN ARROWS: Shareholder Receives Wind-Up Report
-------------------------------------------------
On Dec. 18, 2012, the shareholder of Seven Arrows Fund, Ltd.
received the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

         Ogier
         c/o Jacqueline Haynes
         Telephone: (345) 815-1803
         Facsimile: (345) 949-9877


SINTEMARIE LIMITED: Members Receive Wind-Up Report
--------------------------------------------------
On Dec. 11, 2012, the members of Sintemarie Limited received the
liquidator's report on the company's wind-up proceedings and
property disposal.

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


TAU COMPASS: Shareholders Receive Wind-Up Report
------------------------------------------------
On Dec. 19, 2012, the shareholders of Tau Compass Investment
Management Limited received the liquidator's report on the
company's wind-up proceedings and property disposal.

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


TMS HOLDINGS: Shareholders Receive Wind-Up Report
-------------------------------------------------
On Dec. 21, 2012, the shareholders of TMS Holdings, Inc. received
the liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         Intertrust Corporate Services (Cayman) Limited
         87 Mary Street, George Town
         Grand Cayman KY1-9002
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


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


DIGICEL GROUP: Eyeing Entry in Myanmar
--------------------------------------
RJR News reports that Digicel Group Limited is seeking entry in
Myanmar as that country open up to doing business with the rest of
the world.

Myanmar, a country of 60 million, has a cellphone penetration of
3%, according to RJR News.

The report relates that Digicel Group is seeking to get one of two
licenses that are to be auctioned, and is reported to be planning
on spending US$1 billion to build out telecoms infrastructure in
the country.

Reports said Digicel Group is aiming to enter Myanmar through a
joint venture with Myanmar Post and Telecom, the report relates.

Digicel Group, with regional headquarters in Jamaica, entered the
Panama market in 2008.

                       *     *     *

As reported in the Troubled Company Reporter on Sept. 7, 2012,
Moody's Investors Service assigned a Caa1 rating to Digicel
Group Limited's proposed US$700 million senior unsecured notes due
2020.  Net proceeds will be used to repurchase the entire tranche
of the DGL 9.125%/9.875% senior PIK toggle notes due 2015
(US$415 million outstanding) and a portion of the 8.875% senior
notes due 2015 (US$1 billion outstanding) via tender offers.



===============
S U R I N A M E
===============


* SURINAME: Partnership With IDB Grew Stronger in 2012
------------------------------------------------------
In 2011, the Inter-American Development Bank's (IDB) Board of
Directors endorsed the organization's re-engagement with the
Government of Suriname by approving the 2011-2015 Country Strategy
with Suriname.  During 2011, the IDB's Board approved the
unprecedented allocation of US$300 million to Suriname, and
specifically committed US$80 million of its medium-term lending
envelope to Suriname for projects that would modernize the
country's financial sector, strengthen its public finances, and
promote its social protection mechanisms.

The Government of Suriname continued to partner with the IDB in
2012 to deliver on the objectives of the Development Plan and the
2011-2015 Country Strategy.  For example, the IDB's sovereign
lending program with Suriname delivered two programmatic policy-
based loans, totaling US$35 million, which supported structural
reforms in the energy sector and public capital expenditure
management.  A complementary investment program of US$53.7 million
financed capital works in education and transport.  In addition,
the Bank provided US$1.7 million in grants and technical
assistance in agriculture, energy, and social protection.

With respect to the private sector windows of the IDB, the
Multilateral Investment Fund (MIF) recorded high approvals with
US$2.7 million in technical assistance for small-scale farming,
micro franchising, and rural electrification.  The Bank's Trade
Finance Facilitation Program formalized a line of credit of up to
US$5 million with to promote economic growth through trade
promotion.  Suriname also received US$500,000 through the Compete
Caribbean regional initiative to support its home-grown
competitiveness enhancing initiatives for fostering private sector
development.

Knowledge generation and dissemination were also a prominent
feature of the partnership in 2012.  The IDB facilitated the
training of more than 100 public officials, executing agencies
staff, and prospective project members in project management for
results, procurement and financial management.  The Bank's
analytical efforts concentrated around understanding the role of
productivity, private sector constraints, and the effects of
global price movements on the domestic economy.

Going into the third year of the strategy implementation, IDB
officials are optimistic about the partnership with Suriname.  "We
continue to see the fruits of our close collaboration with
Suriname and are excited to work with such a committed partner.
We are strengthening our dialogue and expanding our support to key
economic sectors.  Keeping up, while paying attention to
development objectives is important.  We have a challenging year
and look forward to working with the authorities and the people of
Suriname," said Marco Nicola, the IDB Representative in
Paramaribo.


                            ***********


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., Washington, D.C.,
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 2013.  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$775 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 A. Chapman at 215-945-7000 or Nina Novak at
202-241-8200.


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