TCRLA_Public/130828.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, August 28, 2013, Vol. 14, No. 170


                            Headlines




A N T I G U A  &   B A R B U D A

LIAT: Lands Safely in Barbados Following Main Wheel Failure


A R G E N T I N A

* ARGENTINA: Reopens Debt Swap for Second Time


B R A Z I L

OGX: Petronas Says Oil Field Deal Hinges on Debt Restructuring


C A Y M A N  I S L A N D S

A D GULAB: Creditors' Proofs of Debt Due Sept. 24
ABELLIO INVESTMENTS: Creditors' Proofs of Debt Due Sept. 25
ARLINGTON ENERGY: Member to Hear Wind-Up Report on Sept. 16
CAMOMILE LIFFEY: Creditors' Proofs of Debt Due Sept. 25
CLICQUOQQLEFLAIVE LTD: Member to Hear Wind-Up Report on Sept. 17

CREATIVE DRAGONS: Creditors' Proofs of Debt Due Sept. 17
DEDALO CAPITAL: Members' Final Meeting Set for Sept. 3
GLADIATOR FUND: Creditors' Proofs of Debt Due Sept. 24
INTERNATIONAL FUND: Members' Final Meeting Set for Sept. 13
OLNEY HOLDINGS: Creditors' Proofs of Debt Due Sept. 25

PINEBANK CATALYST: Creditors' Proofs of Debt Due Sept. 16
PINEBANK CATALYST MASTER: Creditors' Proofs of Debt Due Sept. 16
PLAYA CARIBE: Creditors' Proofs of Debt Due Sept. 24
SUNRISE CAPITAL: Creditors' Proofs of Debt Due Oct. 8
ZHENZHONG AUTO: Placed Under Voluntary Wind-Up


J A M A I C A

* JAMAICA: IMF Gives Review of Supported Program Under EFF


T R I N I D A D  &  T O B A G O

CARIBBEAN AIRLINES: Pilots Take Airline to Court


V E N E Z U E L A

CARIBBEAN CEMENT: Trinidad Cement Eyes Venezuelan Market


                            - - - - -


================================
A N T I G U A  &   B A R B U D A
================================


LIAT: Lands Safely in Barbados Following Main Wheel Failure
-----------------------------------------------------------
Caribbean360.com reports that Leeward Islands Air Transport (LIAT)
confirmed that one of its aircraft on a flight from Guyana to
Barbados landed safely at the Grantley Adams International Airport
after experiencing a "main wheel failure during takeoff".

It said the landing of flight LI 774 with 43 passengers on board
was "uneventful" and the "aircraft is being examined by the
company's maintenance department and will undergo the various
checks stipulated by the manufacturer before it is returned to
service," according to Caribbean360.com.

The report notes that over the past few weeks, LIAT has been
experiencing a number of problems with passengers complaining of
being left stranded at airports across the region.

The report discloses that LIAT announced that its service is
"expected to improve significantly with the return of a new plane
to its network".

Earlier this month, a prominent Dominican businessman accused LIAT
of contributing to the damage of fragile economies in the
Caribbean through its poor service, the report relays.

As reported in the Troubled Company Reporter-Latin America on
Jan. 3, 2012, Antigua Caribarena related that former Antigua
Aviation Minister Robin Yearwood wants to see a merger between
Leeward Islands Air Transport (LIAT) and the Trinidad and Tobago-
owned Caribbean Airlines Limited, as he believes this is the only
way the Antigua-based regional carrier can survive.  Mr.
Yearwood's call came against the background of media reports out
of Port of Spain that suggested CAL's management may be eyeing
expansion into the OECS territories, according to Antigua
Caribarena.

                            About LIAT

Headquartered in V. C. Bird International Airport in Saint George
Parish, Antigua, Leeward Islands Air Transport, known as LIAT,
operates high-frequency interisland scheduled services serving 22
destinations in the Caribbean.  The airline's main base is VC
Bird International Airport, Antigua and Barbuda, with bases at
Grantley Adams International Airport, Barbados and Piarco
International Airport, Trinidad and Tobago.


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


* ARGENTINA: Reopens Debt Swap for Second Time
----------------------------------------------
Taos Turner at The Wall Street Journal reports that Argentina's
government will reopen a 2005 debt swap for a second time after an
adverse ruling in a New York court.

The move, unveiled by President Cristina Kirchner, comes as the
government deals with the fallout from a U.S. court decision that
ordered Argentina to pay a group of so-called holdout bondholders
100% of the roughly US$1.33 billion they are owed in principal and
accrued interest, according to The Wall Street Journal.

The WSJ notes that the President Kirchner administration has
refused to pay the holdouts, saying they don't deserve 100% of
what they are owed under U.S. law.  Argentina defaulted on its
debt at the end of 2001, and in 2005 and 2010 it offered to pay
bondholders only a third of what they were owed on the defaulted
debt, The WSJ recalls.

The WSJ discloses that though 93% of bondholders eventually
accepted Argentina's terms, others, such as the group of holdouts
who were favored in the decision, held out hope for a better
offer.

The offer never came, and President Kirchner indicated that her
government wouldn't comply with the court order, even if it is
upheld by the U.S. Supreme Court, The WSJ relays.

The WSJ says that the move to reopen the debt-restructuring
process for a second time appears aimed at ensuring that Argentine
payments to overseas bondholders don't get embargoed by the U.S.
court.

Argentina will invite investors holding foreign-law bonds to swap
them for new debt that would be paid under local legislation in
Argentina, The WSJ relates.

The WSJ notes that offering bondholders the option of collecting
on their debt in Argentina could avoid that risk.

Mrs. Kirchner said her government is deeply committed to paying
its debt and that the U.S. appeals-court decision "is a bit unfair
to Argentina," The WSJ discloses.

The WSJ notes that by reopening the debt swap, Argentina is also
giving the 7% of bondholders who didn't participate in the
previous debt restructurings an opportunity to do so now.

While the appeals court ruled against Argentina, it delayed
implementation of its decision until the U.S. Supreme Court can
decide whether to review the case, The WSJ says.

"The decision of the U.S. Supreme Court will affect not only
Argentina but the entire financial world," Mrs. Kirchner said,
indicating that such a ruling could make it harder for other
countries to restructure their debts in the future, The WSJ adds.


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


OGX: Petronas Says Oil Field Deal Hinges on Debt Restructuring
--------------------------------------------------------------
Chong Pooi Koon at Bloomberg News reports that Petroliam Nasional
Bhd., Malaysia's state oil company, said its purchase of share in
a field owned by OGX Petroleo e Gas Participacoes SA will hinge on
the Brazilian oil producer's debt restructuring plan.

The company, known as Petronas, has yet to complete the
transaction after agreeing in May to pay US$850 million for a 40
percent stake in two blocks of the Tubarao Martelo field off
Brazil to Eike Batista's OGX, Chief Executive Officer Shamsul
Azhar Abbas said, according to Bloomberg News.  Petronas isn't
involved in OGX's debt restructuring, Mr. Abbas said, Bloomberg
News relates.

"The deal is still pending full clarity with regard to the
restructuring exercise. . . . OGX hasn't met the condition
precedent. The debt restructuring has to happen first," Bloomberg
News quoted Mr. Abbas as saying.

Bloomberg News says that bondholders of OGX, which may run out of
cash this month, hired Rothschild to advise on a debt
restructuring, a person with direct knowledge of the matter said
this month, asking not to be identified because the selection
process is private.  Mr. Batista is raising cash and selling
pieces of his companies after his estimated fortune plummeted to
less than US$1 billion from US$34.5 billion in March last year on
missed production and profit targets, according to the Bloomberg
Billionaires Index.

Based in Rio de Janeiro, Brazil, OGX is an independent exploration
and production company with operations in Latin America.

                         *     *     *

As reported in the Troubled Company Reporter-Latin America on
July 17, 2013, Moody's Investors Service downgraded OGX Petroleo e
Gas Participaaoes S.A.'s Corporate Family Rating to Ca from Caa2
and OGX Austria GmbH's senior unsecured notes ratings to Ca from
Caa2.  The rating outlook remains negative.


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


A D GULAB: Creditors' Proofs of Debt Due Sept. 24
-------------------------------------------------
The creditors of A D Gulab (Grand Cayman) are required to file
their proofs of debt by Sept. 24, 2013, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on Aug. 26, 2013.

The company's liquidator is:

          Richard John Luce
          Telephone: +44 (1534) 702800
          Facsimile: +44 (1534) 702870
          43/45 La Motte Street
          St Helier, Jersey JE4 8SD
          Channel Islands


ABELLIO INVESTMENTS: Creditors' Proofs of Debt Due Sept. 25
-----------------------------------------------------------
The creditors of Abellio Investments Limited are required to file
their proofs of debt by Sept. 25, 2013, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on Aug. 5, 2013.

The company's liquidator is:

          Intertrust SPV (Cayman) Limited
          190 Elgin Avenue, George Town
          Grand Cayman KY1-9005
          Cayman Islands
          c/o Kim Charaman/Jennifer Chailler
          Telephone: (345) 943-3100


ARLINGTON ENERGY: Member to Hear Wind-Up Report on Sept. 16
-----------------------------------------------------------
The member of Arlington Energy and Environment Offshore Fund, Ltd
will receive on Sept. 16, 2013, at 2:00 p.m., 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


CAMOMILE LIFFEY: Creditors' Proofs of Debt Due Sept. 25
-------------------------------------------------------
The creditors of Camomile Liffey Investments (UK) Ltd are required
to file their proofs of debt by Sept. 25, 2013, to be included in
the company's dividend distribution.

The company commenced liquidation proceedings on Aug. 6, 2013.

The company's liquidator is:

          Intertrust SPV (Cayman) Limited
          190 Elgin Avenue, George Town
          Grand Cayman KY1-9005
          Cayman Islands
          c/o Kim Charaman/Jennifer Chailler
          Telephone: (345) 943-3100


CLICQUOQQLEFLAIVE LTD: Member to Hear Wind-Up Report on Sept. 17
----------------------------------------------------------------
The member of Clicquoqqleflaive Ltd will receive on Sept. 17,
2013, the liquidator's report on the company's wind-up proceedings
and property disposal.

The company's liquidator is:

           Commerce Corporate Services Limited
           Telephone: 949 8666
           Facsimile: 949 0626
           PO Box 694 Grand Cayman
           Cayman Islands


CREATIVE DRAGONS: Creditors' Proofs of Debt Due Sept. 17
--------------------------------------------------------
The creditors of Creative Dragons SPC are required to file their
proofs of debt by Sept. 17, 2013, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on Aug. 6, 2013.

The company's liquidator is:

          Gene Dacosta
          c/o Noel Webb
          Telephone: (345) 814 7394
          Facsimile: (345) 945 3902
          P.O. Box 2681 Grand Cayman KY1-1111
          Cayman Islands


DEDALO CAPITAL: Members' Final Meeting Set for Sept. 3
------------------------------------------------------
The members of Dedalo Capital Management Limited will hold their
final meeting on Sept. 3, 2013, at 10:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

          Jeffrey Skinner
          Telephone: +350 (200) 52545
          Facsimile: +350 (2000 52546
          e-mail: info@fidux.com
          Suite 207 Neptune House
          Marina Bay
          Gibraltar


GLADIATOR FUND: Creditors' Proofs of Debt Due Sept. 24
------------------------------------------------------
The creditors of The Gladiator Fund are required to file their
proofs of debt by Sept. 24, 2013, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on Aug. 2, 2013.

The company's liquidator is:

           Lai Yue Cheong Lawrence
           New Victory House
           Room 807, 8th Floor
           93-103 Wing Lok Street
           Hong Kong


INTERNATIONAL FUND: Members' Final Meeting Set for Sept. 13
-----------------------------------------------------------
The members of International Fund of Alternative Investments SPC
will hold their final meeting on Sept. 13, 2013, at 10:00 a.m., to
receive the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          Philip Mosely
          Cayman Management Ltd.
          Harbour Centre, Ground Floor
          PO Box 1569 42, North Church Street
          George Town
          Grand Cayman KY1-1110
          Cayman Islands
          Telephone: +1 (345) 949 4018
          Facsimile: +1 (345) 949 7891
          e-mail: general@caymanmanagement.ky


OLNEY HOLDINGS: Creditors' Proofs of Debt Due Sept. 25
------------------------------------------------------
The creditors of Olney Holdings Limited are required to file their
proofs of debt by Sept. 25, 2013, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on Aug. 5, 2013.

The company's liquidator is:

          Intertrust SPV (Cayman) Limited
          190 Elgin Avenue, George Town
          Grand Cayman KY1-9005
          Cayman Islands
          c/o Kim Charaman/Jennifer Chailler
          Telephone: (345) 943-3100


PINEBANK CATALYST: Creditors' Proofs of Debt Due Sept. 16
---------------------------------------------------------
The creditors of Pinebank Catalyst Fund, Ltd. are required to file
their proofs of debt by Sept. 16, 2013, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on Aug. 5, 2013.

The company's liquidator is:

          CDL Company Ltd.
          P.O. Box 31106 Grand Cayman KY1-1205
          Cayman Islands


PINEBANK CATALYST MASTER: Creditors' Proofs of Debt Due Sept. 16
----------------------------------------------------------------
The creditors of Pinebank Catalyst Master Fund, Ltd. are required
to file their proofs of debt by Sept. 16, 2013, to be included in
the company's dividend distribution.

The company commenced liquidation proceedings on Aug. 5, 2013.

The company's liquidator is:

          CDL Company Ltd.
          P.O. Box 31106 Grand Cayman KY1-1205
          Cayman Islands


PLAYA CARIBE: Creditors' Proofs of Debt Due Sept. 24
----------------------------------------------------
The creditors of Playa Caribe are required to file their proofs of
debt by Sept. 24, 2013, to be included in the company's dividend
distribution.

The company commenced liquidation proceedings on Aug. 16, 2013.

The company's liquidator is:

          Gary Sparks
          805 University Ave.
          Sacramento
          CA 95825 USA
          Telephone: +1 (345) 914 6365


SUNRISE CAPITAL: Creditors' Proofs of Debt Due Oct. 8
------------------------------------------------------
The creditors of Sunrise Capital Limited are required to file
their proofs of debt by Oct. 8, 2013, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on July 25, 2013.

The company's liquidator is:

           Lion International Management Limited
           P.O. Box 71 Craigmuir Chambers
           Road Town, Tortola
           British Virgin Islands
           c/o Mr. Philip C Pedro
           HSBC International Trustee Limited
           Compass Point
           Bermudiana Road
           Hamilton HM 11
           Bermuda
           Tel: (441) 299 6482
           Fax: (441) 299 6526


ZHENZHONG AUTO: Placed Under Voluntary Wind-Up
----------------------------------------------
On Aug. 5, 2013, the Grand Court of Cayman Islands entered an
order to wind up the operations of Zhenzhong Auto Components
Limited.

The company's liquidator is:

          Kenneth M. Krys
          Krys Global, Governors Square
          Building 6, 2nd Floor, 23 Lime Tree Bay Avenue
          PO Box 31237 Grand Cayman KY1-1205
          c/o Noku Mhlanga
          Telephone (345) 947 4700
          e-mail: Noku.Mhlanga@KRyS-Global.com


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


* JAMAICA: IMF Gives Review of Supported Program Under EFF
----------------------------------------------------------
An International Monetary Fund (IMF) mission visited Jamaica
during August 14-23, 2013 to conduct discussions on the first
review of Jamaica's IMF-supported program under the Extended Fund
Facility (EFF).  The mission met with the Minister of Finance,
Hon. Peter Phillips, Bank of Jamaica Governor Brian Wynter,
Financial Secretary Devon Rowe, senior government officials, and
representatives of the private sector and civil society.  At the
conclusion of the mission, Jan Kees Martijn, the Fund's mission
chief for Jamaica, issued the following statement in Kingston:

"Discussions during the mission focused on economic performance
thus far under the program, near-term economic challenges, and the
policy program for 2013/14 and beyond.  The mission reached staff-
level understandings with the authorities on a set of economic
policies detailed in an updated Letter of Intent.

"Recent economic developments mostly confirm the challenges of the
Jamaican economy.  Economic activity is estimated to have
contracted by 0.7 percent in FY2012/13, with a further decline
from April to June.  The reported unemployment rate increased to
16.3 percent at end-April 2013, driven by a sharp increase in the
labor force.  Inflation reached 9.7 percent (year-over-year) in
July 2013.  Net international reserves increased to almost US$1
billion by end-June (and gross reserves estimated at about 3
months of imports), although reserves have declined since then in
line with the seasonal pattern.  Fiscal performance for FY2012/13
and during the first quarter of the current fiscal year
outperformed projections, with the central government primary
surplus improving to 5.4 percent of GDP in FY2012/13.  The
authorities' four-year economic program aims to improve Jamaica's
fiscal and debt position and competitiveness, and create the
conditions for sustained economic growth.

"Overall policy implementation thus far under the program has been
strong and structural reforms are progressing.  All quantitative
performance targets and indicative targets for end-June were met,
including the floor on social spending.  For FY 2013/14, a budget
that targets a central government primary surplus of 7.5 percent
of GDP has been adopted and is now being implemented.  The
Government continues to implement its decision to strictly limit
the granting of discretionary waivers.  Several legislative
amendments have been adopted to bolster tax administration, and
the resources of the large taxpayers office have been increased.
All other structural benchmarks to date have also been met in a
timely manner.  A conceptual framework for a fiscal rule that will
help lock in the gains from fiscal consolidation over the longer
term is expected to be ready by the end of this month.

"Key elements of the authorities' updated program are:

   * The adoption of fundamental tax reform before the next fiscal
     year, designed to broaden the tax base, simplify the tax
     system, reduce tax rates, and reduce economic distortions and
     support growth.  Tax reform is programmed to commence with an
     Omnibus Incentive Tax Act and a Charities Bill, to be tabled
     in parliament before end-September.  The tax incentives
     legislation is expected to replace and streamline the many
     existing sectoral incentive schemes by a rules-based regime
     for limited tax incentives.

   * Steadfast implementation of the government's strategy to
     increase growth by improving the business environment and
     pursuing strategic investments.

   * Further actions to make the financial sector more resilient,
     through enhanced supervision and monitoring, and with phased
     reforms of the securities dealers sector.

   * Strengthening the social protection framework, with enhanced
     efforts to move recipients from welfare to work, and the
     recent increase in PATH benefits.

"These staff level understandings are subject to approval by the
IMF's Management and Executive Board. Provided that performance
remains strong, Board consideration of the first review of
Jamaica's IMF-supported program under the EFF could take place
late September.  Upon approval, SDR 19.97 million (about US$30
million) would be made available to Jamaica.

"The mission expresses its deep appreciation to the authorities
and technical staff for their excellent cooperation."


===============================
T R I N I D A D  &  T O B A G O
===============================


CARIBBEAN AIRLINES: Pilots Take Airline to Court
------------------------------------------------
RJR News reports that legal action has been taken against
Caribbean Airlines Limited for hiring foreign pilots including
Jamaicans without work permits.

Two former pilots of BWIA West Indies Airways have sought judicial
review, according to RJR News.  The report notes that the
application for leave has been filed by Captain Anthony Hamilton
and Roger Bridgeman in Trinidad's High Court.

RJR News relates that the pilots claim CAL hired six pilots and
six co-pilots in contravention of Trinidad and Tobago immigration
laws.

The report says that the pilots' position is that they have been
unfairly overlooked for employment while CAL hired foreign
workers.

In their affidavits, the pilots claim that having employed pilots
without valid Trinidad and Tobago work permits, CAL is at risk of
being downgraded as an airline in breach of Federal Aviation
Authority or European Aviation Safety Regulation, RJR News
discloses.

                         *     *     *

As reported in the Troubled Company Reporter-Latin America on May
20, 2013, Caribbean360.com said that Trinidad and Tobago Finance
Minister Larry Howai said Caribbean Airlines Limited recorded
losses estimated at US$70 million in 2012.  In 2011, CAL had
recorded losses of US43.7 million.

TCRLA reported on March 21, 2012, that RJR News said Caribbean
Airlines Limited owes nearly US$30 million to Trinidad and
Tobago's fuel provider National Petroleum.  Trinidad Express said
CAL enjoys a seven-day credit facility for aviation fuel from the
company, according to RJR News.  However, the report related that
the airline has not been able to pay the full amount when invoiced
and instead has been issuing partial payments to sustain the
account.  RJR News noted that Trinidad Express reported that the
arrears were built up as no payments have been made despite an
attractive fuel subsidy which the airline has enjoyed since it
began operations.



=================
V E N E Z U E L A
=================


CARIBBEAN CEMENT: Trinidad Cement Eyes Venezuelan Market
--------------------------------------------------------
RJR News reports that Trinidad Cement Limited, the parent company
of Caribbean Cement Company Limited is eyeing Venezuela as a new
market for its products based on a verbal agreement between
Jamaica and Venezuela, to supply of 200,000 metric tons of clinker
over the next 12 months.

Clinke, one of the raw materials used in cement production, will
be supplied under the Petrocaribe agreement, according to RJR
News.

TCL said that although the current quantity on order is small, it
is hopeful, that will help it to break into the Venezuelan market,
RJR News notes.

The report relates that Carib Cement has been pushing to increase
exports in recent years, to counter a soft domestic market; and
has seen strong growth in   export markets.

Caribbean Cement Company Limited manufactures and sells cement.

                           *     *     *

As reported in the Troubled Company Reporter-Latin America on
Aug. 18, 2011, Caribbean Cement Company Limited has incurred a
JM$608.08 million loss in the three months ended April to June
2011 from JM$217.95 million loss in the same period last year.
The company incurred JM$857.56 million loss in the six months
ended January to June 2011 from a JM$213.40 million in the same
period 2010.  Caribbean Cement posted a JM$1.58 billion loss in
the year ended 2010.


                            ***********


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, Julie Anne L. Toledo, 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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