TCRLA_Public/140228.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

           Friday, February 28, 2014, Vol. 15, No. 42


                            Headlines



B R A Z I L

MEGA ENERGIA: Moody's Assigns B2 Corporate Family Rating
MMX MINERACAO: Completes Porto Sudeste Sale to Trafigura-Mubadala


C A Y M A N  I S L A N D S

DISTACOM COMMUNICATIONS: Commences Liquidation Proceedings
FORETREND INVESTMENTS: Members Receive Wind-Up Report
FRIDAY INTERNATIONAL: Creditors' Proofs of Debt Due March 4
GLOBAL TECH: Creditors' Proofs of Debt Due March 4
MYRIAGON SPECIAL: Creditors' Proofs of Debt Due March 13

OMV ANAGUID: Commences Liquidation Proceedings
OMV SOUTH: Commences Liquidation Proceedings
PALO ALTO: Creditors' Proofs of Debt Due March 12
PALO ALTO MASTER: Creditors' Proofs of Debt Due March 12
PLAINFIELD 2008: Creditors' Proofs of Debt Due March 13

PLAINFIELD 2009: Commences Liquidation Proceedings
PLAINFIELD SPECIAL: Creditors' Proofs of Debt Due March 13
PRATA INVESTMENT: Creditors' Proofs of Debt Due March 4
SLJ MACRO: Creditors' Proofs of Debt Due March 3
SLJ MACRO MASTER: Creditors' Proofs of Debt Due March 3

VOTO-VOTORANTIM: Commences Liquidation Proceedings
VOTO-VOTORANTIM III: Commences Liquidation Proceedings
VOTO-VOTORANTIM V: Commences Liquidation Proceedings
XRAY FUND: Creditors' Proofs of Debt Due March 12


D O M I N I C A N   R E P U B L I C

XSTRATA PLC: Official Says 'Yes, but' to Planned Mine


T R I N I D A D  &  T O B A G O

PETROTRIN: La Brea Beaches to be Cleaned


                            - - - - -


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B R A Z I L
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MEGA ENERGIA: Moody's Assigns B2 Corporate Family Rating
--------------------------------------------------------
Moody's America Latina has assigned a first time B2 corporate
family rating in the global scale and Baa3.br in the national
scale to Mega Energia Locacao e Administracao de Bens S.A.  At the
same time, Moody's assigned a B3 global scale local currency
rating and a Ba2.br National Scale Rating (NSR) to the company's
BRL 70 million senior unsecured 5-years debentures issued in
September 2013.  The outlook for all ratings is stable.

Ratings assigned as follows:

Issuer: Mega Energia Locacao e Administracao de Bens S.A.

Corporate Family Rating: B2 (global scale) / Baa3.br (national
scale)

BRL 70 million senior unsecured debentures due 2018: B3 (global
scale)/Ba2.br (national scale)

The outlook for the ratings is stable

Ratings Rationale

Mega Energia's B2/Baa3.br ratings reflect primarily the company's
relatively small size, despite its position among the leaders in
the fragmented equipment rental business, and its exposure to the
highly cyclical nature of this industry. The favorable growth
prospects of the heavy construction industry in Brazil, supported
mostly by infrastructure investments, which will ultimately
benefit the equipment rental sector, are also incorporated in the
ratings. The company's adequate capital structure, well-balanced
revenue composition, overall fair credit metrics for its ratings
category and evolving corporate governance practices are viewed as
positive considerations. On the other hand, Moody's see current
liquidity levels as narrow, with a significant amount of debt
maturing over the next three years. This concern is partially
mitigated by the nature of the maturing credit lines, largely
equipment financing, and by Mega Energia's manageable and flexible
capex given the short term profile of its investment cycle.

In 2013, Mega Energia acquired Transreta, a leading provider of
crane rental in Rio de Janeiro. The acquisition increased the
company's size and reduced the risk of margin volatility inherent
to operating with low diversity in a small scale, but also
introduced integration and execution risks. Accordingly, a key
credit challenge for Mega Energia is to implement its growth
strategy through acquisitions without jeopardizing current credit
metrics.

In September 2013, Mega Energia issued BRL 70 million in
debentures in the Brazilian local market, and its proceeds were
largely used to reduce the debt outstanding at Transreta. The
debentures will be amortized in monthly installments starting May
2015 and have final maturity in September 2018. The issuance
improved Mega Energia's liquidity profile and significantly
reduced the company's funding cost and exposure to FX-linked debt.
However, the company still has a narrow liquidity position
relative to its short term obligations, although Moody's
acknowledge that a significant amount of these debt obligations
should be rolled over under the BNDES/Finame loan program
(Brazilian Development Bank's dedicated equipment financing line).

The debentures were rated one notch below Mega Energia's CFR given
the high amount of secured debt in the company's capital structure
(about 55% of total reported debt as of December 2013). For this
reason, the debentures are seen as structurally subordinated to
the secured debt and, therefore, as having a lower principal
recovery prospect in the event of distress.

The stable outlook reflects our expectations that Mega Energia
will prudently manage acquisitions, capex and dividend
distribution going forward to preserve its liquidity profile,
while benefiting from the favorable fundamentals of the equipment
rental industry in Brazil.

The ratings could be upgraded if Mega Energia is able to grow in
terms of revenues to a size that reduces risks related to
downturns in each of its operational segments. Also, an upgrade
would require the maintenance of adequate liquidity as the company
pursue acquisitions in the fragmented rental market in Brazil, and
that these acquisitions do not bring material change in the
company's credit metrics. Additionally, the ratings could be
upgraded if the company is able to maintain its interest coverage
as measured by Adjusted EBITDA to interest expense (considering
Moody's standard accounting adjustments, which do not exclude non-
recurring items in 2012 that will no longer impact Ebitda metrics
in 2013) at levels above 3.5x (3.0 times at the end of 2012) and
if Adjusted Retained Cash Flow to debt remains above 20% (19.8% at
the end of 2012) on a sustained basis.

Downward pressure on the ratings would arise from a deterioration
in the company's liquidity position coming from sizeable
acquisitions or large shareholder distributions. A slowdown in the
heavy and civil construction industries, or in any other key
markets for Mega Energia, which results in margin deterioration,
could also prompt a negative rating action. Quantitatively, the
ratings would be downgraded if the company's leverage, measured by
Adjusted Debt to Ebitda increases above 4.0x (2.4 times at the end
of 2012) or if interest coverage (as measured by Adjusted Ebitda
to Interest Expense) declines to levels below 2.0x (3.0 times at
the end of 2012) without prospects of recovery.

The principal methodology used in rating Mega Energia was the
Global Equipment and Automobile Rental Industry published in
December 2010.

Headquartered in Rio de Janeiro, Brazil, Mega Energia is a local
provider of equipment rental, including crane, heavy vehicles,
natural gas compressors and energy generators. The company
operates mainly in the city of Rio de Janeiro (Baa2, stable),
where it generates approximately 64% of revenues, and in the North
and Northeast regions of Brazil (31% and 5% of revenues,
respectively). In 2012, Mega Energia reported net revenues of BRL
112 million and adjusted Ebitda margin of 32%.


MMX MINERACAO: Completes Porto Sudeste Sale to Trafigura-Mubadala
-----------------------------------------------------------------
Juan Pablo Spinetto at Bloomberg News reports that Eike Batista's
MMX Mineracao & Metalicos SA mining unit completed the sale of a
controlling stake in its Sudeste iron-ore port to Trafigura Beheer
BV and Mubadala Development Co. for $400 million.

The two buyers also assumed about BRL1.3 billion (US$553 million)
in debt to gain 65 percent of the Sudeste terminal, according to a
statement, notes the report.  MMX will retain a 35 percent share
in the terminal.

Bloomberg News notes that the companies have been negotiating the
sale for more than five months since MMX announced a preliminary
agreement on Sept. 10.  The deal will provide Amsterdam-based
Trafigura and Abu Dhabi's sovereign wealth fund Mubadala with an
export platform in Rio state's Itaguai port for iron ore mined in
landlocked Minas Gerais state and bound for Asia and Europe,
Bloomberg News says.

Bloomberg News discloses that Mr. Batista has been selling stakes
in his oil, logistics, utility and shipping ventures since May as
missed targets, mounting debt and accumulating losses forced him
to cancel projects and divest assets.

With the expected deal, the report relays, Trafigura and Mubadala
are the latest international investors to grab assets from the
former Rio-based billionaire after Germany's EON SE, EIG Global
Energy Partners LLC and Acron AG also acquired pieces of Mr.
Batista's conglomerate.

MMX Mineracao e Metalicos S.A., together with its subsidiaries,
engages in the extraction, processing, research, and development
of minerals; and sale of iron ore in Brazil.


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


DISTACOM COMMUNICATIONS: Commences Liquidation Proceedings
----------------------------------------------------------
On Jan. 17, 2014, the members of Distacom Communications (Cayman)
Limited resolved to voluntarily liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidators are:

          Lau Wai Ming Raymond
          Lam Suk Kam
          c/o Maples and Calder, Attorneys-at-law
          P.O. Box 309, Ugland House
          Grand Cayman KY1-1104
          Cayman Islands


FORETREND INVESTMENTS: Members Receive Wind-Up Report
-----------------------------------------------------
The members of Foretrend Investments Ltd. received on Jan. 30,
2014, the liquidator's report on the company's wind-up proceedings
and property disposal.

The company's liquidator is:

          MBT Trustees Ltd.
          Telephone: 945-8859
          Facsimile: 949-9793/4
          P.O. Box 30622 Grand Cayman KY1-1203
          Cayman Islands


FRIDAY INTERNATIONAL: Creditors' Proofs of Debt Due March 4
-----------------------------------------------------------
The creditors of Friday International Corporation are required to
file their proofs of debt by March 4, 2014, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on Dec. 31, 2013.

The company's liquidator is:

          H&J Corporate Services (Cayman) Limited
          c/o Inga Thompson
          Telephone: (345) 914 4618
          Anderson Square Building, 5th Floor
          Shedden Road
          P.O. Box 866 Grand Cayman KY1-1103
          Cayman Islands


GLOBAL TECH: Creditors' Proofs of Debt Due March 4
--------------------------------------------------
The creditors of Global Tech Co., Ltd. are required to file their
proofs of debt by March 4, 2014, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on Jan. 10, 2014.

The company's liquidator is:

          Sun, Dai-Yun
          5th Floor, No. 48, Wuquan Rd.
          Wugu Dist., New Taipei City 248
          Taiwan, (R.O.C.)
          Telephone: +886 2 2299 1558
          Facsimile: +886 2 2299 3767
          Wugu Dist., New Taipei City 248
          Taiwan, (R.O.C.)


MYRIAGON SPECIAL: Creditors' Proofs of Debt Due March 13
--------------------------------------------------------
The creditors of Myriagon Special Situations are required to file
their proofs of debt by March 13, 2014, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on Jan. 13, 2014.

The company's liquidator is:

          Transcontinental Fund Administration
          c/o Claudia Woerheide
          Telephone: (345) 949-5013
          Facsimile: (345) 946-4654
          Governors Square, Office Suite 4-213-6
          23 Lime Tree Bay Ave., West Bay
          Grand Cayman
          Cayman Islands


OMV ANAGUID: Commences Liquidation Proceedings
----------------------------------------------
On Jan. 16, 2014, the shareholders of OMV Anaguid Ltd. resolved to
voluntarily liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Sebastian Schleicher
          c/o Maples and Calder, Attorneys-at-law
          P.O. Box 309, Ugland House
          Grand Cayman KY1-1104
          Cayman Islands


OMV SOUTH: Commences Liquidation Proceedings
--------------------------------------------
On Jan. 16, 2014, the shareholders of OMV South Tunisia Ltd.
resolved to voluntarily liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Sebastian Schleicher
          c/o Maples and Calder, Attorneys-at-law
          P.O. Box 309, Ugland House
          Grand Cayman KY1-1104
          Cayman Islands


PALO ALTO: Creditors' Proofs of Debt Due March 12
-------------------------------------------------
The creditors of Palo Alto Technology Offshore Ltd. are required
to file their proofs of debt by March 12, 2014, to be included in
the company's dividend distribution.

The company commenced liquidation proceedings on Jan. 22, 2014.

The company's liquidator is:

          DMS Corporate Services Ltd.
          c/o Nicola Cowan
          Telephone: (345) 946 7665
          Facsimile: (345) 949 2877
          dms House, 2nd Floor
          P.O. Box 1344 Grand Cayman KY1-1108
          Cayman Islands


PALO ALTO MASTER: Creditors' Proofs of Debt Due March 12
--------------------------------------------------------
The creditors of Palo Alto Technology Master Fund, L.P are
required to file their proofs of debt by March 12, 2014, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on Jan. 10, 2014.

The company's liquidator is:

          DMS Corporate Services Ltd.
          c/o Nicola Cowan
          Telephone: (345) 946 7665
          Facsimile: (345) 949 2877
          dms House, 2nd Floor
          P.O. Box 1344 Grand Cayman KY1-1108
          Cayman Islands


PLAINFIELD 2008: Creditors' Proofs of Debt Due March 13
-------------------------------------------------------
The creditors of Plainfield 2008 Liquidating Limited are required
to file their proofs of debt by March 13, 2014, to be included in
the company's dividend distribution.

The company commenced liquidation proceedings on Dec. 31, 2013.

The company's liquidators are:

          David A.K. Walker
          c/o Adam Keenan
          Telephone: (345) 949 8743
          Facsimile: (345) 945 4237
          P.O. Box 258 Grand Cayman KY1-1104
          Cayman Islands


PLAINFIELD 2009: Commences Liquidation Proceedings
--------------------------------------------------
On Dec. 31, 2013, the sole shareholder of Plainfield 2009
Liquidating Limited resolved to voluntarily liquidate the
company's business.

Only creditors who were able to file their proofs of debt by
Feb. 10, 2014, will be included in the company's dividend
distribution.

The company's liquidator is:

          David A.K. Walker
          c/o Adam Keenan
          Telephone: (345) 949 8743
          Facsimile: (345) 945 4237
          P.O. Box 258 Grand Cayman KY1-1104
          Cayman Islands


PLAINFIELD SPECIAL: Creditors' Proofs of Debt Due March 13
----------------------------------------------------------
The creditors of Plainfield Special Situations Master Fund Limited
are required to file their proofs of debt by March 13, 2014, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on Dec. 31, 2013.

The company's liquidator is:

          David A.K. Walker
          c/o Adam Keenan
          Telephone: (345) 949 8743
          Facsimile: (345) 945 4237
          P.O. Box 258 Grand Cayman KY1-1104
          Cayman Islands


PRATA INVESTMENT: Creditors' Proofs of Debt Due March 4
-------------------------------------------------------
The creditors of Prata Investment Ltd. are required to file their
proofs of debt by March 4, 2014, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on Dec. 31, 2013.

The company's liquidator is:

          H&J Corporate Services (Cayman) Limited
          c/o Inga Thompson
          Telephone: (345) 914 4618
          Anderson Square Building, 5th Floor
          Shedden Road
          P.O. Box 866 Grand Cayman KY1-1103
          Cayman Islands


SLJ MACRO: Creditors' Proofs of Debt Due March 3
------------------------------------------------
The creditors of SLJ Macro Fund are required to file their proofs
of debt by March 3, 2014, to be included in the company's dividend
distribution.

The company commenced liquidation proceedings on Dec. 27, 2013.

The company's liquidator is:

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


SLJ MACRO MASTER: Creditors' Proofs of Debt Due March 3
-------------------------------------------------------
The creditors of SLJ Macro Master Fund are required to file their
proofs of debt by March 3, 2014, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on Dec. 27, 2013.

The company's liquidator is:

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


VOTO-VOTORANTIM: Commences Liquidation Proceedings
--------------------------------------------------
On Dec. 31, 2013, the shareholder of Voto-Votorantim Limited
resolved to voluntarily liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Joao Miranda
          c/o Votorantim Participacoes S.A.
          Rua Amauri
          255, 13 Andar, Sao Paolo SP - CEP 01448-000
          Brazil
          Telephone: +1 (345) 914 6365


VOTO-VOTORANTIM III: Commences Liquidation Proceedings
------------------------------------------------------
On Dec. 31, 2013, the shareholder of Voto-Votorantim Overseas
Trading Operations III Limited resolved to voluntarily liquidate
the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Joao Miranda
          c/o Votorantim Participacoes S.A.
          Rua Amauri
          255, 13 Andar, Sao Paolo SP - CEP 01448-000
          Brazil
          Telephone: +1 (345) 914 6365


VOTO-VOTORANTIM V: Commences Liquidation Proceedings
----------------------------------------------------
On Dec. 31, 2013, the shareholder of Voto-Votorantim Overseas
Trading Operations V Limited resolved to voluntarily liquidate the
company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Joao Miranda
          c/o Votorantim Participacoes S.A.
          Rua Amauri
          255, 13 Andar, Sao Paolo SP - CEP 01448-000
          Brazil
          Telephone: +1 (345) 914 6365


XRAY FUND: Creditors' Proofs of Debt Due March 12
-------------------------------------------------
The creditors of Xray Fund are required to file their proofs of
debt by March 12, 2014, to be included in the company's dividend
distribution.

The company commenced liquidation proceedings on Jan. 20, 2014.

The company's liquidator is:

          DMS Corporate Services Ltd.
          c/o Nicola Cowan
          Telephone: (345) 946 7665
          Facsimile: (345) 949 2877
          dms House, 2nd Floor
          P.O. Box 1344 Grand Cayman KY1-1108
          Cayman Islands


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


XSTRATA PLC: Official Says 'Yes, but' to Planned Mine
-----------------------------------------------------
Dominican Today reports that Presidency Administrative Minister
Jose Ramon Peralta said he supports "responsible mining" at Loma
Miranda (central), but only if it isn't done in that manner,
otherwise "it will do more damage than good."

When asked if President Danilo Medina will refer to Xstrata
Nickel's controversial mining project in his State of the Nation
speech that was set for Feb. 27, the official said he doesn't
know, according to Dominican Today.

"If the conditions are there to exploit it responsibly, it should
be because God put those minerals there to exploit . . . If you're
going to get wealth for our country and we're going to protect the
environment, it should be exploited," the report quoted Mr.
Peralta as saying.

As reported in the Troubled Company Reporter-Latin America on
Jan. 22, 2014, Dominican Today said that Chief Executive Officer
of Xstrata PLC's Falcondo reiterated that the company's presence
in the country depends on a long term mining, with cheap
electricity available, to produce and compete in world markets.
Mr. Soares said they pin their hopes of extracting nickel at the
controversial site of Loma Miranda, between La Vega and Bonao
(central), for which they expect to get the mining permit,
according to Dominican Today.  But environmental and civil society
groups could keep them from carrying out the project, after the
Chamber of Deputies agreed with the protesters and passed a bill
which declares Loma Miranda a protected area, arguing that much of
the Cibao region's (north) water depends on it, the report
related.

Xstrata PLC is the operator of Falconbridge Dominicana, C. por A.
("Falcondo") with an 85.26% ownership.  Falcondo is a ferronickel
surface mining operation located in the Dominican Republic with
operations dating since 1971.

Headquartered in Zug, Switzerland, Xstrata PLC is a major producer
of coal, copper, nickel, primary vanadium and zinc and the largest
producer of ferrochrome.


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


PETROTRIN: La Brea Beaches to be Cleaned
----------------------------------------
Trinidad Express reports that Petroleum Company of Trinidad and
Tobago has assured residents of La Brea, that the areas affected
by the recent oil spills are being monitored daily.  The report
relates that the company stated that any residual oil contaminated
debris, will be removed from the coastline.

Petrotrin was responding to claims by residents that oil had
resurfaced at the Carrat Shed beach facility, according to
Trinidad Express.

"Petrotrin's response to the recent oil spill can be divided into
three overlapping phases: containment and recovery; remediation
and rehabilitation; and surveillance and monitoring," the company
stated, the report notes.

Trinidad Express was told that most of the significant activities
in the first phase were completed in January and the company had
moved into the other phases.

Petrotrin's personnel have been stationed in the area to monitor
daily activities and the company's makeshift medical facility
remains at the La Brea Community Centre to provide treatment for
residents, Trinidad Express says.

Trinidad Express relates that Alvin La Borde, president of the La
Brea Fisherfolk Association, said residents were concerned that
the beaches were not safe for bathing.  Mr. La Borde, the report
notes, said the signs preventing people from bathing and fishing
in the waters off the Gulf of Paria were removed.

Mr. La Borde said fishermen have not yet been given the all-clear
to return to the sea, the report discloses.

Mr. La Borde said fishermen were waiting on the green light from
the Environmental Management Authority (EMA), the report adds.

                            About Petrotrin

Petroleum Company of Trinidad and Tobago is the major state-owned
oil company in Trinidad and Tobago.  The company was established
in 1993 by the merger of Trintopec and Trintoc, two state-owned
oil companies.  Petrotrin's main holdings are extensive, mature
onshore fields located across southern Trinidad.  Large areas
have been leased out to small private producers who are able to
make a profit on wells that are unprofitable for Petrotrin,
giving it higher labor costs.  The company operates a refinery at
Pointe-Pierre, just north of San Fernando in south Trinidad.
Most crude petroleum produced in Trinidad is exported without
being refined. The refinery depends on imported crude (mostly
from Venezuela), which is either used domestically or exported.

                         *     *     *

As reported in the Troubled Company Reporter-Latin America on
Aug. 8, 2013, Trinidad Express reports that production levels at
Petroleum Company of Trinidad and Tobago (Petrotrin)'s Trinmar
operations in Point Fortin have been affected by industrial action
involving employees of the company's marine transport contractors.
Petrotrin stated that it was informed of a what it described as a
stand-off between its marine contractors and their employees, who
cited issues, including their current rates of remuneration,
according to Trinidad Express.


                            ***********


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.

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, and Peter A.
Chapman, Editors.

Copyright 2014.  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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