TCRLA_Public/130918.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, September 18, 2013, Vol. 14, No. 185


                            Headlines



A N T I G U A   &   B A R B U D A

LIAT: Chief Executive Officer Resigns


B A R B A D O S

* BARBADOS: To Receive BDS$16 Million in Chinese Assistance


B E R M U D A

TUCKER'S POINT: BEST Comments On Firm Entering Receivership


B R A Z I L

OSX BRASIL: Caixa Economica Halts Loans to Shipbuilding Firm


C A Y M A N  I S L A N D S

BERMUDA INVESTORS: Shareholder to Hear Wind-Up Report on Oct. 4
CHURCHILL HAVANA: Shareholders' Final Meeting Set for Sept. 30
EUROMAX III: Fitch Affirms 'CC' Rating on Class B Notes
FALMOUTH FINANCE: Shareholders' Final Meeting Set for Oct. 7
FOREST WOBURN: Shareholders' Final Meeting Set for Oct. 10

ING GOLDMAN: Shareholders' Final Meeting Set for Sept. 30
MC GIP: Shareholder to Hear Wind-Up Report on Sept. 30
SEAOIL MARINE: Shareholders' Final Meeting Set for Sept. 30
THE A FUND: Shareholders' Final Meeting Set for Oct. 9
THE A1 FUND: Shareholders' Final Meeting Set for Oct. 9

TIGER GLOBAL SPV I: Member to Hear Wind-Up Report on Sept. 30
TIGER GLOBAL II SPV: Member to Hear Wind-Up Report on Sept. 30
TIGER GLOBAL SPV II: Member to Hear Wind-Up Report on Sept. 30
WESTERN ASSET GLOBAL: Shareholders' Final Meeting Set for Oct. 3
WESTERN ASSET REAL: Shareholders' Final Meeting Set for Oct. 3

WORLD 400: Shareholders' Final Meeting Set for Oct. 7


D O M I N I C A N   R E P U B L I C

* DOMINICAN REP: Leaders Slam 'Disturbing' Lack of Competitiveness


T R I N I D A D  &  T O B A G O

CARIBBEAN AIRLINES: Leader Describes Removal of Subsidy a "Hoax"


                            - - - - -


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


LIAT: Chief Executive Officer Resigns
-------------------------------------
Caribbean360.com reports that Prime Minister Dr. Ralph Gonsalves
said the resignation of Ian Brunton, the chief executive of the
regional airline, Leeward Islands Air Transport (LIAT), has come
at a most crucial time, but "nobody is indispensible".

Mr. Gonsalves, who is chair of the shareholder governments of the
airline, said the matter would be discussed by the board of
directors, according to Caribbean360.com.

"He has tendered his resignation.  Under his contract, I have been
advised, that he has to give three months' notice.  Naturally, the
board of directors will respond to say whether they are accepting
it.  But that is the factual situation," the report quoted Mr.
Gonsalves as saying.

The report notes that Mr. Gonsalves said he had not spoken to
Brunton since the announcement and is not in a position to comment
on the reasons behind the decision of the Trinidadian top quit.

Mr. Brunton's resignation comes as poor implementation of LIAT's
re-fleeting exercise over the past few weeks erased any profits
that the airline hoped to make over the summer period -- one of
its busiest, the report discloses.

Mr. Gonsalves agreed that the resignation comes as a crucial time
for LIAT, which late last year unveiled a plan that it said would
have taken the airline into the black.

The report notes that Mr. Brunton, a former chief executive of
Trinidad & Tobago state owned Caribbean Airlines Ltd, is
spearheading the airline multi-million dollar re-fleeting
exercise.

The report discloses that LIAT signed a US$65 million loan with
the Barbados-based Caribbean Development Bank (CDB) to finance the
purchase of new aircraft. The fleet modernisation project involves
the replacement of LIAT's ageing fleet through a combination of
lease and purchase of aircraft; the transition costs associated
with the changeover; the upgrade of maintenance facilities and
other institutional strengthening activities.

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.


===============
B A R B A D O S
===============


* BARBADOS: To Receive BDS$16 Million in Chinese Assistance
-----------------------------------------------------------
Caribbean360.com reports that Barbados has praised China for its
continued support for the socio-economic development of the island
as the two countries signed a multi-million dollar agreement on
September 11.

Foreign Affairs and Foreign Trade Minister Maxine McClean said
China had proven to be a reliable partner for Barbados and pointed
to the funding of numerous development projects, including the
construction and refurbishment of some of the country's most
visible landmarks, according to Caribbean360.com.

The report notes that the two countries signed an economic
technical agreement and three banking agreements on Accounting
Procedures with a total value of BDS$16 million (One BDS dollar =
US$0.50 cents).

The report relates that Ms. McClean cited the Elsie Payne Complex,
headquarters of the Ministry of Education and Human Resource
Development, the Garfield Sobers Sports Complex and the Lloyd
Erskine Sandiford Centre as examples of China's support for the
development of the island.

She said the government had made considerable progress in the
utilization of the grant funds provided by China and that 11
projects in areas such as agriculture, renewable energy and
infrastructural development, had been submitted to China for
consideration, the report relays.

The report notes that Chinese Ambassador, Xu Hong, said since the
establishment of diplomatic relations between the two countries in
1977, 21 government agreements on economic and technical
cooperation had been signed.

Caribbean360.com adds that Ambassador Xu pledged to continue
working with Barbados to promote new areas of cooperation to
"bring more benefits to the people of Barbados, which in return,
will further develop the bilateral relationship".


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


TUCKER'S POINT: BEST Comments On Firm Entering Receivership
-----------------------------------------------------------
Bernews reports that Bermuda Environmental Sustainability
Taskforce (BEST) said the Bermuda government must ensure that
under receivership, Tucker's Point Club is not allowed to sell off
its assets and "squander acres of Bermuda's largest remaining open
spaces."

It was confirmed that Bermuda Properties Ltd, which owns TPC, went
into receivership, with the receivers saying the property was
"experiencing financial difficulties" and the restructuring is
required to "secure the resort's long-term viability," according
to Bernews.

The report relates that BEST said back in 2010/2011 they were
aware that TPC was in financial difficulties and they urged then
Environment Minister Roban to examine their financial liabilities
and require them to show how the SDO they were being given would
change their situation.

"Despite receiving an SDO allowing them to carve up precious open
space into dozens of building lots, TPC has gone into receivership
anyway," the report quoted BEST as saying.


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


OSX BRASIL: Caixa Economica Halts Loans to Shipbuilding Firm
------------------------------------------------------------
Rogerio Jelmayer and Paulo Winterstein at The Wall Street Journal
report that an unnamed source said Brazilian government-run lender
Caixa Economica Federal suspended loans to Brazilian tycoon Eike
Batista's shipbuilding company OSX Brasil SA due to the financial
crisis affecting the businessman's companies.

The company had been approved for a credit line worth BRL1.2
billion (US$521 million) with Caixa Economica Federal, of which
the bank has disbursed BRL670 million, according to The Wall
Street Journal.

The Journal notes that the loan was part of the Brazilian
government's effort to rebuild the country's shipbuilding industry
through its Merchant Marine Fund.  The money was to be directed to
a shipyard at the Acu port, where OSX was building oil rigs for
Mr. Batista's oil-exploration company, OGX Petroleo & Gas
Paticipacoes.  After a crisis of confidence at OGX put Mr.
Batista's infrastructure conglomerate on the verge of collapse,
OSX canceled a planned expansion at the port, says WSJ.

"Given the economic situation of the company and also the fact
that there is no more expansion project under way, the bank will
not continue to disburse the credit line," The Journal quoted the
source as saying.  The source declined to say when the disbursed
loans will mature.

The WSJ relates that a bank spokeswoman said Caixa didn't halt the
disbursement of its loan to OSX, but that "there was a resizing of
OSX's shipyard project, which made it so that the financing need
was smaller."

The WSJ relays that the amount of outstanding loans that Mr.
Batista companies owe Caixa totals BRL1.07 billion, including the
already disbursed amount and a bridge loan worth BRL400 million.

The report adds that Mr. Batista is trying to avoid a financial
collapse of his companies amid a crisis triggered by OGX last year
after the company failed to meet production targets.  Since then,
OGX has discontinued production at most of its oil fields, the
report relays.

OSX Brasil SA is a shipbuilder controlled by billionaire Eike
Batista.

As reported in the Troubled Company Reporter-Latin America on
June 26, 2013, Reuters said that OSX Brasil denied a report it
failed to make payments on debt held by Spanish infrastructure
group Acciona.  The local Folha da S.Paulo newspaper reported that
Batista's OSX Brasil was struggling to avoid bankruptcy after it
defaulted on some BRL500 million ($222 million) in debt held by
Acciona, according to Reuters.


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


BERMUDA INVESTORS: Shareholder to Hear Wind-Up Report on Oct. 4
---------------------------------------------------------------
The shareholder of Bermuda Investors Limited will hear on
Oct. 4, 2013, at 10:00 a.m., the liquidator's report on the
company's wind-up proceedings and property disposal.

The company's liquidator is:

          Joseph Zuiker
          6 Front Street
          Hamilton HM11
          Bermuda


CHURCHILL HAVANA: Shareholders' Final Meeting Set for Sept. 30
--------------------------------------------------------------
The shareholders of Churchill Havana Limited will hold their final
meeting on Sept. 30, 2013, to receive the liquidator's report on
the company's wind-up proceedings and property disposal.

The company's liquidator is:

          Royhaven Secretaries Limited
          c/o Andrea Aegerter
          Telephone: +41 22 319 01 76
          Facsimile: +41 22 319 01 02
          Coutts & Co Trustees (Switzerland) Ltd
          13 Quai de I'lle
          PO Box 5511 1211 Geneva 11
          Switzerland


EUROMAX III: Fitch Affirms 'CC' Rating on Class B Notes
-------------------------------------------------------
Fitch Ratings has affirmed Euromax III MBS Ltd's notes, as
follows:

Class A-1 (XS0158773324): affirmed at 'B-sf'; Outlook Negative
Class A-2 (XS0158774991): affirmed at 'CCCsf'
Class B (XS0158775022): affirmed at 'CCsf'

Key Rating Drivers

The affirmation reflects the increase in the notes' available
credit enhancement (CE) due to the deleveraging of the underlying
portfolio. CE for the class A-1 notes has increased to 39.7% from
38.9% as of the previous annual review in October 2012, for the
class A-2 notes to 32.7% from 32.2% and for class B notes to 18.9%
from 18.7%.

Over the past year, the underlying portfolio has experienced a
negative migration towards 'CCCsf' and below assets. Assets rated
'CCCsf' or below have increased since September 2012 to 39% from
34.5% of the outstanding portfolio balance and the notional of
assets rated 'Csf' has increased to 16.8% from 12%. Most of the
lowest rated assets in the portfolio are German CMBS and RMBS
assets.

The portfolio is mainly concentrated in RMBS and CMBS assets,
which represent 67.6% and 26.4% of the balance, respectively, and
residually in SF CDO. The vast majority of the assets are
mezzanine with original tranche thickness below 10%.

The over-collateralisation test failed for the first time in
February 2013 and has not come back into compliance since.
Consequently any excess spread is being used to repay the notes
sequentially subject to the priority of payments.

Additionally, if the notes remain outstanding by their expected
maturity in December 2014, the transaction structure features a
coupon step-up for the class A-1, A-2 and B notes. Fitch believes
that this step up combined with low available weighted average
spread from the portfolio could lead to a higher probability of
event of default for the classes A-1 and A-2. Consequently, the
Outlook for the A-1 note remains Negative.

Deferral of interest is not an event of default for class B notes,
whereas it is for classes A-1 and A-2.

Euromax III MBS Ltd (the issuer) is a cash arbitrage
securitisation of structured finance assets.

Rating Sensitivities
Fitch tested the impact on the ratings of bringing the maturity of
the assets in the portfolio to their legal maturity, and this
stress would not affect the rating of the notes.


FALMOUTH FINANCE: Shareholders' Final Meeting Set for Oct. 7
------------------------------------------------------------
The shareholders of Falmouth Finance Ltd. will hold their final
meeting on Oct. 7, 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:

          JS De Jager
          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


FOREST WOBURN: Shareholders' Final Meeting Set for Oct. 10
----------------------------------------------------------
The shareholders of Forest Woburn Holdco will hold their final
meeting on Oct. 10, 2013, at 12:15 p.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

          Gordon McKie
          40 Berkeley Square
          London W1J 5AL
          United Kingdom
          Telephone: +4 (420) 7451 4297


ING GOLDMAN: Shareholders' Final Meeting Set for Sept. 30
---------------------------------------------------------
The shareholders of ING Goldman Sachs Commodity Portfolio
(Cayman), Ltd will hold their final meeting on Sept. 30, 2013, to
receive the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          Todd R. Modic
          Walkers
          190 Elgin Avenue, George Town
          Grand Cayman KY1-9001
          Cayman Islands
          Telephone: (345) 914 6386


MC GIP: Shareholder to Hear Wind-Up Report on Sept. 30
------------------------------------------------------
The shareholder of MC GIP Holdings, Inc. will receive on
Sept. 30, 2013, at 9:00 a.m., the liquidator's report on the
company's wind-up proceedings and property disposal.

The company's liquidator is:

          Ogier
          c/o Mr. Jun Asaki
          Telephone: +813 (3210) 8690
          Facsimile: +813 (3210) 4792


SEAOIL MARINE: Shareholders' Final Meeting Set for Sept. 30
-----------------------------------------------------------
The shareholders of Seaoil Marine Services, Inc. will hold their
final meeting on Sept. 30, 2013, to receive the liquidator's
report on the company's wind-up proceedings and property disposal.

The company's liquidator is:

          Jane Fleming
          Telephone: (345) 945 2187
          Facsimile: (345) 945 2197
          PO Box 30464 Grand Cayman KY1-1202
          Cayman Islands


THE A FUND: Shareholders' Final Meeting Set for Oct. 9
------------------------------------------------------
The shareholders of The A Fund will hold their final meeting on
Oct. 9, 2013, at 10:00 a.m., to receive the liquidator's report on
the company's wind-up proceedings and property disposal.

Eric Norman Ward is the company's liquidator.


THE A1 FUND: Shareholders' Final Meeting Set for Oct. 9
--------------------------------------------------------
The shareholders of The A1 Fund will hold their final meeting on
Oct. 9, 2013, at 11:00 a.m., to receive the liquidator's report on
the company's wind-up proceedings and property disposal.

Eric Norman Ward is the company's liquidator.


TIGER GLOBAL SPV I: Member to Hear Wind-Up Report on Sept. 30
-------------------------------------------------------------
The member of Tiger Global SPV I, Ltd will receive on
Sept. 30, 2013, at 10:00 a.m., the liquidator's report on the
company's wind-up proceedings and property disposal.

The company's liquidator is:

          Steven Boyd
          c/o Campbells Corporate Services Limited
          P.O. Box 268 Willow House
          Cricket Square
          Grand Cayman KY1-1104
          Cayman Islands
          Telephone: +1 (345) 949 2648
          Facsimile: +1 (345) 949 8613


TIGER GLOBAL II SPV: Member to Hear Wind-Up Report on Sept. 30
--------------------------------------------------------------
The member of Tiger Global II SPV II, Ltd will receive on
Sept. 30, 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:

          Steven Boyd
          c/o Campbells Corporate Services Limited
          P.O. Box 268, Willow House
          Cricket Square Grand Cayman KY1-1104
          Cayman Islands
          Telephone: +1 (345) 949 2648
          Facsimile: +1 (345) 949 8613


TIGER GLOBAL SPV II: Member to Hear Wind-Up Report on Sept. 30
--------------------------------------------------------------
The member of Tiger Global SPV II, Ltd will receive on
Sept. 30, 2013, at 10:30 a.m., the liquidator's report on the
company's wind-up proceedings and property disposal.

The company's liquidator is:

          Steven Boyd
          c/o Campbells Corporate Services Limited
          P.O. Box 268, Willow House
          Cricket Square Grand Cayman KY1-1104
          Cayman Islands
          Telephone: +1 (345) 949 2648
          Facsimile: +1 (345) 949 8613


WESTERN ASSET GLOBAL: Shareholders' Final Meeting Set for Oct. 3
----------------------------------------------------------------
The shareholders of Western Asset Global Alpha Opportunities
Master Fund 3, Ltd will hold their final meeting on Oct. 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:

          Gavin L. James
          385 East Colorado Boulevard
          Pasadena CA 91101
          United States


WESTERN ASSET REAL: Shareholders' Final Meeting Set for Oct. 3
--------------------------------------------------------------
The shareholders of Western Asset Real Alpha Portfolio Master
Fund, Ltd will hold their final meeting on Oct. 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:

          Gavin L. James
          385 East Colorado Boulevard
          Pasadena CA 91101
          United States


WORLD 400: Shareholders' Final Meeting Set for Oct. 7
-----------------------------------------------------
The shareholders of World 400 Ltd will hold their final meeting on
Oct. 7, 2013, at 10:30 a.m., to receive the liquidator's report on
the company's wind-up proceedings and property disposal.

The company's liquidator is:

          Gene Dacosta
          c/o Tania Dons
          Telephone: (345) 814 7766
          Facsimile: (345) 945 3902
          P.O. Box 2681 Grand Cayman KY1-1111
          Cayman Islands


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


* DOMINICAN REP: Leaders Slam 'Disturbing' Lack of Competitiveness
------------------------------------------------------------------
Dominican Today reports that the young business leaders grouped in
ANJE slammed as "disturbing" Dominican Republic's 105th rank in
competitiveness among 148 countries, by the World Economic Forum.

"It's disturbing that the country keeps the same position in
competitiveness as the previous period, because this shows that
the country has yet to surmount the common problems in priority
areas to improve our competitiveness, such as the quality of the
electric service, corruption, institutional framework, quality
education and the investment climate", the report quoted ANJE
President Frank Rainieri Kuret as saying.

The report notes that Mr. Kuret said the country urgently needs
structural reforms in areas which must function efficiently to
improve competitiveness, and reverse the report's "shameful"
results, including the prevention of embezzlement, favoritism in
governmental decisions and in electricity, in which Dominican
Republic figures among Latin America's worst countries.

Referring to the electricity sector, the business leader said the
report shows that the government's plans to build power plants,
"isn't seen favorably abroad," the report relates.

"The Government should immediately set policy to eliminate the
weaknesses in competitiveness which this report reflects, to avert
that major investments head to other countries in the region with
better conditions and position, such as Panama, Guatemala,
Nicaragua, among others," the report quoted Mr. Kuret as saying.

Mr. Kuret added that ANJE works to improve competitiveness by
addressing the energy sector's decades-old problems with a
definitive solution, the report said.


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


CARIBBEAN AIRLINES: Leader Describes Removal of Subsidy a "Hoax"
----------------------------------------------------------------
RJR News reports that Dr. Keith Rowley, Trinidad and Tobago's
Opposition Leader, has described as a 'hoax' the removal of the
multi-million dollar fuel subsidy provided to Caribbean Airlines
Limited.

The country's Minister of Finance, Larry Howai disclosed that the
subsidy, which was estimated at US$40 million last year, would
come to an end from October 1, according to RJR News.

But in his response, Dr. Rowley said the Finance Minister should
come clean and tell taxpayers that Trinidad will still be
providing huge sums of money to CAL, notes the report.

The report relates that according to Dr. Rowley, while it will not
be called a fuel subsidy it will still be a subsidy.

Dr. Rowley also questioned whether the 250 million dollars to be
saved from the fuel subsidy will be used to subsidize tickets for
travelers, RJR News discloses.

Caribbean Airlines Limited -- http://www.caribbean-airlines.com/
-- provides passenger airline services in the Caribbean, South
America, and North America.  The company also offers freighter
services for perishables, fish and seafood, live animals, human
remains, and dangerous goods.  In addition, it operates a duty
free store in Trinidad.  Caribbean Airlines Limited was founded in
2006 and is based in Piarco, Trinidad and Tobago.

                           *     *     *

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.


                            ***********


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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