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                     L A T I N   A M E R I C A

            Friday, October 30, 2015, Vol. 16, No. 215


                            Headlines



B O L I V I A

BOLIVIA: Moody's Says 'Ba3' Rating Reflects Strong Growth


C A Y M A N  I S L A N D S

EPSOM FUNDING: Commences Liquidation Proceedings
GREYWALL HEALTHCARE: Placed Under Voluntary Wind-Up
HQFS GP: Placed Under Voluntary Wind-Up
LORELEI LIMITED: Creditors' Proofs of Debt Due Nov. 12
MASTIC INVESTMENTS: Commences Liquidation Proceedings

SADRIAN BOWMAN: Creditors' Proofs of Debt Due Nov. 10
SADRIAN BOWMAN (GP): Creditors' Proofs of Debt Due Nov. 10
SADRIAN BOWMAN COMMODITIES: Creditors' Proofs of Debt Due Nov. 10
SADRIAN BOWMAN INTERMEDIATE: Creditors' Proofs of Debt Due Nov. 10
SADRIAN BOWMAN FUND: Creditors' Proofs of Debt Due Nov. 10

SANTA SOFIA: Creditors' Proofs of Debt Due Dec. 10
SHORE LARK: Creditors' Proofs of Debt Due Nov. 12
SR CAYMAN: Commences Liquidation Proceedings


D O M I N I C A N   R E P U B L I C

DOMINICAN REP: Free Zones Praise Efforts to Consolidate Sector


G U Y A N A

GUYSUCO: Sugar Workers Stage Strike


P E R U

MINSUR S.A.: Moody's Cuts US$450MM Sr. Notes Rating to Ba1


P U E R T O    R I C O

PUERTO RICO ELECTRIC: Inches Closer to Deal With Insurers
PUERTO RICO: Bank Sees Drop in Liquidity Amid Economic Crisis


V I R G I N   I S L A N D S

HOVENSA LLC: Court Sets Dec. 1 as General Claims Bar Date
HOVENSA LLC: Richard H. Dollison Approved as Local Counsel
HOVENSA LLC: Section 341(a) Meeting Slated for November 5
HOVENSA LLC: Files Schedules of Assets and Liabilities


                            - - - - -



=============
B O L I V I A
=============


BOLIVIA: Moody's Says 'Ba3' Rating Reflects Strong Growth
---------------------------------------------------------
Bolivia's Ba3 rating reflects strong economic growth that is
driven by high public sector investment, prudent economic
policies, and a significant external reserves buffer, says Moody's
Investors Service. Fiscal and external buffers should allow
Bolivia to handle a slump in energy prices from a position of
relative strength. The level of public debt is low in relation to
its peers and debt affordability is high.

"The impact of the oil price shock has, so far, been muted in
Bolivia, largely because public investment has continued to
support growth and domestic demand," says Moody's Vice President
and Senior Analyst Samar Maziad. Moody's expects that the
authorities will maintain prudent macroeconomic policy, keeping
fiscal deficits and government debt on a sustainable trajectory,
despite the adverse terms of a trade shock.

The nation's main credit challenges come from its moderate
dependence on natural gas exports and weak institutional framework
relative to Ba-rated peers according to the Worldwide Governance
Indicators (WGI). However, prudent macroeconomic policies and
efforts to improve the business environment signaled improved
economic and institutional strength. The new report, a credit
analysis, is an annual update to the markets and does not
constitute a rating action.

Moody's determines a country's sovereign rating by assessing it on
the basis of four key factors -- economic strength, institutional
strength, government financial strength and susceptibility to
event risk -- as well as the interplay among them.


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


EPSOM FUNDING: Commences Liquidation Proceedings
------------------------------------------------
On Sept. 28, 2015, the sole shareholder of Epsom Funding 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:

          Michael Kass
          Swiss Re America Holding Corporation
          55 East 52nd Street
          New York 10055
          United States of America
          Telephone: +1 (917) 368 4179


GREYWALL HEALTHCARE: Placed Under Voluntary Wind-Up
---------------------------------------------------
On Oct. 1, 2015, the sole shareholder of Greywall Healthcare
Offshore Fund, Ltd. resolved to voluntarily wind up the company's
operations.

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

The company's liquidator is:

          Greywall Asset Management LP
          c/o Joanne Huckle
          Telephone: +1 (345) 949 9876
          Facsimile: +1 (345) 949-9877
          Ogier
          89 Nexus Way, Camana Bay
          Grand Cayman KY1-9009
          Cayman Islands


HQFS GP: Placed Under Voluntary Wind-Up
---------------------------------------
On Oct. 2, 2015, the sole shareholder of HQFS GP resolved to
voluntarily wind up the company's operations.

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

The company's liquidator is:

          HQ Capital Gmbh & Co. KG
          c/o Joanne Huckle
          Telephone: +1 (345) 949 9876
          Facsimile: +1 (345) 949-9877
          Ogier
          89 Nexus Way, Camana Bay
          Grand Cayman KY1-9009
          Cayman Islands


LORELEI LIMITED: Creditors' Proofs of Debt Due Nov. 12
------------------------------------------------------
The creditors of Lorelei Limited are required to file their proofs
of debt by Nov. 12, 2015, to be included in the company's dividend
distribution.

The company commenced liquidation proceedings on Sept. 30, 2014.

The company's liquidator is:

          Maricorp Services Ltd.
          c/o Steven J. Barrie
          Telephone: 345-949-9710
          P.O. Box 2075 Grand Cayman KY1-1105
          Cayman Islands


MASTIC INVESTMENTS: Commences Liquidation Proceedings
-----------------------------------------------------
On Oct. 1, 2015, the sole shareholder of Mastic Investments
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:

          Midway Road Funding Ltd.
          c/o Jasmine Amaria
          Walkers
          190 Elgin Avenue, George Town
          Grand Cayman KY1-9001
          Cayman Islands
          Telephone: +44 207 220 4999


SADRIAN BOWMAN: Creditors' Proofs of Debt Due Nov. 10
-----------------------------------------------------
The creditors of Sadrian Bowman Commodities Offshore Fund Limited
are required to file their proofs of debt by Nov. 10, 2015, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on Sept. 16, 2015.

The company's liquidator is:

          Andrew Childe
          c/o Trudy-Ann Scott
          Fund Solution Services Limited,
          Harbour Centre, 2nd Floor
          42 North Church Street, George Town
          10 Market Street, #769 Camana Bay
          Grand Cayman KY1-9006
          Cayman Islands
          Telephone: +1 (345) 640-5861
          e-mail: trudyann.scott@fundsolutionservices.com


SADRIAN BOWMAN (GP): Creditors' Proofs of Debt Due Nov. 10
----------------------------------------------------------
The creditors of Sadrian Bowman Capital (GP) Ltd are required to
file their proofs of debt by Nov. 10, 2015, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on Sept. 16, 2015.

The company's liquidator is:

          Andrew Childe
          c/o Trudy-Ann Scott
          Fund Solution Services Limited,
          Harbour Centre, 2nd Floor
          42 North Church Street, George Town
          10 Market Street, #769 Camana Bay
          Grand Cayman KY1-9006
          Cayman Islands
          Telephone: +1 (345) 640-5861


SADRIAN BOWMAN COMMODITIES: Creditors' Proofs of Debt Due Nov. 10
-----------------------------------------------------------------
The creditors of Sadrian Bowman Commodities Master Fund Limited
are required to file their proofs of debt by Nov. 10, 2015, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on Sept. 16, 2015.

The company's liquidator is:

          Andrew Childe
          c/o Trudy-Ann Scott
          Fund Solution Services Limited,
          Harbour Centre, 2nd Floor
          42 North Church Street, George Town
          10 Market Street, #769 Camana Bay
          Grand Cayman KY1-9006
          Cayman Islands
          Telephone: +1 (345) 640-5861


SADRIAN BOWMAN INTERMEDIATE: Creditors' Proofs of Debt Due Nov. 10
------------------------------------------------------------------
The creditors of Sadrian Bowman Intermediate Ltd are required to
file their proofs of debt by Nov. 10, 2015, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on Sept. 16, 2015.

The company's liquidator is:

          Andrew Childe
          c/o Trudy-Ann Scott
          Fund Solution Services Limited,
          Harbour Centre, 2nd Floor
          42 North Church Street, George Town
          10 Market Street, #769 Camana Bay
          Grand Cayman KY1-9006
          Cayman Islands
          Telephone: +1 (345) 640-5861


SADRIAN BOWMAN FUND: Creditors' Proofs of Debt Due Nov. 10
----------------------------------------------------------
The creditors of Sadrian Bowman Capital Fund (GP) Limited are
required to file their proofs of debt by Nov. 10, 2015, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on Sept. 16, 2015.

The company's liquidator is:

          Andrew Childe
          c/o Trudy-Ann Scott
          Fund Solution Services Limited,
          Harbour Centre, 2nd Floor
          42 North Church Street, George Town
          10 Market Street, #769 Camana Bay
          Grand Cayman KY1-9006
          Cayman Islands
          Telephone: +1 (345) 640-5861


SANTA SOFIA: Creditors' Proofs of Debt Due Dec. 10
--------------------------------------------------
The creditors of Santa Sofia Enterprises Ltd. are required to file
their proofs of debt by Dec. 10, 2015, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on Oct. 1, 2015.

The company's liquidator is:

          Lion International Management Limited
          Road Town, Tortola
          British Virgin Islands
          c/o Mr. Philip C Pedro
          HSBC International Trustee Limited
          Compass Point Bermudiana Road
          Craigmuir Chambers
          Hamilton HM 11
          P.O. Box 71
          Bermuda
          Telephone: (441) 299-6482
          Facsimile: (441) 299-652


SHORE LARK: Creditors' Proofs of Debt Due Nov. 12
-------------------------------------------------
The creditors of Shore Lark Ltd. are required to file their proofs
of debt by Nov. 12, 2015, to be included in the company's dividend
distribution.

The company commenced liquidation proceedings on Sept. 30, 2014.

The company's liquidator is:

          Andrea Nogueira
          Rua dos Pinheiros 498, 8a Andar
          CJ 81 Sao Paulo- SP- Brasil- Cep 05 422-010


SR CAYMAN: Commences Liquidation Proceedings
--------------------------------------------
On Sept. 28, 2015, the sole shareholder of SR Cayman Holdings
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:

          Michael Kass
          Swiss Re America Holding Corporation
          55 East 52nd Street
          New York 10055
          United States of America
          Telephone: +1 (917) 368 4179


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


DOMINICAN REP: Free Zones Praise Efforts to Consolidate Sector
--------------------------------------------------------------
Dominican Today reports that Dominican Republic's Free Zones
Association (Adozona) lauded president Danilo Medina's efforts to
consolidate the sector, which is a major source of jobs.

President Medina's contributions to the free zones sector were
recognized during Adozona's annual luncheon held in a hotel in
Santo Domingo, the president's website reports, according to
Dominican Today.

Adozona President Jose Tomas Contreras said they'll continue to
work with Medina's administration through a public-private
partnership, the report notes.

The business leader noted that among the major issues the free
zones sector face figure the opportunities to improve their
competiveness through education, efficient transport and improved
infrastructure and energy, the report relates.

                          *     *     *

As reported in Troubled Company Reporter-Latin America on May 22,
2015, Standard & Poor's Ratings Services raised its long-term
sovereign credit ratings on the Dominican Republic (DR) to 'BB-'
from 'B+'.

The outlook is stable.  At the same time, S&P affirmed the 'B'
short-term rating.  S&P also raised its transfer and
convertibility (T&C) assessment to 'BB+' from 'BB'.



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G U Y A N A
===========


GUYSUCO: Sugar Workers Stage Strike
-----------------------------------
The Daily Observer reports that sugar workers went on strike
accusing management of refusing to hold negotiations for increased
wages until the findings of a Commission of Inquiry (COI) into the
ailing Guyana Sugar Corporation (GUYSUCO) are released.

President of the Guyana Agricultural and General Workers Union
(GAWU), Komal Chand told the Guyana-based on line publication,
Demerara Waves Online News, that it was not even an interest in a
specific percentage wage increase that sparked off the three-day
strike, according to The Daily Observer.

"That doesn't arise now because what we ask for is an engagement
for collective bargaining.  We haven't reached that point yet,"
the report quoted Mr. Chand as saying.

But GUYSUCO Director Paul Bhim said that the corporation would not
start wage negotiations until the COI Report is made public, the
report relays.

"We are not refusing.  We have asked them to hang on until the COI
report is made public and then we will start negotiations," Mr.
Bhim said, adding that this was the best way because of the
problems confronting the sugar industry, the report notes.

Meanwhile, GUYSUCO said it had produced 10,254 tonnes of sugar for
the week ending October 16, surpassing the 10,000-tonne mark for
the third time this crop, the report discloses.

It said Skeldon, Albion, Blairmont, East Demerara and Uitvlugt
estates have all surpassed their weekly targets while Rose Hall
Estate achieved 97 per cent, the report relays.

GUYSUCO said that to date it has paid approximately GUY$531.4
million (One Guyana dollar = US$0.008 cents) to employees on the
seven estates for their achievement of 47 weekly production
incentives, the report adds.


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P E R U
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MINSUR S.A.: Moody's Cuts US$450MM Sr. Notes Rating to Ba1
----------------------------------------------------------
Moody's Investors Service downgraded to Ba1 from Baa3 the rating
of Minsur S.A. ('Minsur")'s USD 450 million senior unsecured notes
due in 2024. At the same time, Moody's has withdrawn Minsur's
issuer rating and assigned a Ba1 corporate family ratings (CFR) to
Minsur on the global scale. The outlook changed to negative from
stable.

Ratings changed:

Issuer: Minsur S.A.

USD 450 million senior unsecured notes due 2024: to Ba1 from Baa3

Ratings withdrawn:

Issuer: Minsur S.A.

Issuer Rating: Baa3

Ratings Assigned:

Issuer: Minsur S.A.

Corporate Family Rating: Ba1

Outlook Actions:

Issuer: Minsur S.A.

Outlook, Changed To Negative From Stable

RATINGS RATIONALE

The downgrade of Minsur to Ba1 and change in outlook to negative
reflect the deterioration in market fundamentals for tin and gold
(75% and 20% of total revenues in the LTM ended June 2015,
respectively) without prospects of a rapid recovery, and the
consequent pressure in the company's credit metrics. Besides,
Minsur faces declining ore grades in its main mine (San Rafael ),
and temporary operational constraints in its tin mine in Brazil
(Pitinga), which limits the company's growth in the short-term.
Expansion projects underway (in San Rafael and Mina Justa) will
start operations and start to contribute to cash flows only from
2018 onwards. Therefore, we will continue to see low
diversification and high exposure to 1-2 metals and mines in the
foreseeable future.

Minsur's Ba1 rating is supported by its high margins along with
its position as the third largest tin producer worldwide. The
company's low-cost and high-grade position are largely due to its
ownership of the world-class San Rafael mine, the world's largest
tin-producing mine. However, Minsur's concentration in tin, that
accounts for 75% of revenues, makes the company highly susceptible
to such metal price volatility and supply-demand dynamics. Even
considering the run rate production at its gold mine Pucamarca
(which came on line in January 2013), Minsur has a high percentage
of its sales generated at the San Rafael mine (about 61% of total
sales revenues in the last twelve months ended June 2015).
Production costs are rising for the tin industry, and despite
significant cost reductions achieved by Minsur, lower prices will
pressure margins and credit metrics.

Offsetting some of the above mentioned risks are Minsur's deep tin
mining expertise and very low production costs that support its
higher margins compared to rated mining peers in Peru and other
countries. The company's strong liquidity position, with cash and
equivalents of USD 541 million ( at the end of 2Q15) covering the
entirety of its debt, is also a credit positive.

"We also acknowledge the company's improving diversity by mines
and metals due to its growth plans underway. Additional
diversification in the medium-term will be mainly supported by the
growth in its subsidiary Taboca, which owns one mine in Brazil
(tin & tantalum/niobium as byproducts)."

The negative outlook is based on our view that tin and gold prices
will continue to be pressured by weakening global macroeconomic
growth indicators and, despite Minsur's low cash costs, declining
production levels at its main mine will diminish the company's
ability to generate cash flow from its current operations,
therefore reducing its ability to continue to invest for growth
and diversification without increasing the reliance on debt.

Near-term upward rating movement is unlikely until Minsur shows
better evidence that it is on-track to execute its growth and
metals and mine diversification plans that should improve its
overall business profile and increase its mine reserve life
position. To the extent that the company is able to successfully
complete planned developments, further diversifying its metal
revenue base, mainly by producing copper as an additional metal
while enhancing its reserves, and maintaining credit metrics
commensurate to investment grade ratings, the outlook or rating
could be positively impacted.

Ratings could be negatively impacted if profitability and cash
generation capacity materially deteriorates, for example, due to a
combination of a drop in metals prices and increase in production
costs significantly exceeding our expectations, with negative
impact on liquidity and on interest coverage metrics.
Specifically, if EBIT margin falls towards a 5%-8% range with cash
generation being negative on a sustained basis, ratings could be
downgraded. Negative pressure could also result from increase in
debt levels leading to Total Debt to EBITDA above 3x on a
sustained basis.

Headquartered in Lima, Peru, Minsur S.A. ("Minsur") is a 99.99%
owned subsidiary of Peruvian conglomerate Inversiones Breca S.A.
(not rated). The company is primarily a producer and seller of
tin, mined from its San Rafael mine, located in the Puno region of
Peru. Through its subsidiaries, Minsur has other mining assets in
Peru and Brazil, producing tin and gold, as well as niobium and
tantalum, as byproducts. The company also has a 73.9% ownership
stake in Inversiones Cordillera del Sur, which owns Cementos
Melon, a cement producer located in Chile. Minsur's mining
operations reported consolidated revenues of USD 756 million in
the LTM ended in June 2015.


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


PUERTO RICO ELECTRIC: Inches Closer to Deal With Insurers
---------------------------------------------------------
Insurers of Puerto Rico Electric Power Authority bonds delivered
terms for a debt restructuring to the utility, moving it a step
closer to an accord with its last key creditor class, a person
with direct knowledge of the matter told Reuters.

Nick Brown at Reuters reports that the insurers have been
negotiating to provide a surety bond to serve as a reserve fund to
effect a broader debt restructuring with the utility's other
creditors.

Terms for the surety bond now need to be assessed by PREPA before
a final deal can be struck, according to Reuters.

                       Insurers With Leverage

Insurers have taken center stage in talks to fix PREPA's balance
sheet, the report relays.  Facing more than $8 billion in debt,
PREPA reached deals in September with bondholders and lenders, who
accepted 15 percent payment reductions in exchange for new bonds,
the report notes.

The Puerto Rican government has praised the deal as it undertakes
similar restructuring talks with other creditors to reduce its $72
billion in total debt, the report discloses.

But the PREPA deal cannot work unless bond insurers, including
Assured Guaranty and MBIA's National Public Finance Guarantee
(NPFG), sign on, the report says.

Reuters relays that when bondholders and lenders agreed to their
deals, they did so on the premise that their new debt would be
safer than the old, in part because PREPA would be required to
maintain reserve funds.

The insurers are the ones negotiating to provide those reserves,
in the form of a surety bond, a pot of liquidity they would
guarantee, said the people close to the matter, the report
discloses.  Without the deal, talks could devolve into long,
costly litigation, the report notes.

Some remaining sticking points are economic, for example, the size
and duration of the surety bond, said one source, the report
notes.

Another issue is governance.  NPFG had criticized a proposed
fiscal control board to oversee Puerto Rico's finances because the
governor would appoint members without input from creditors, a
second source said, the report relays.

Changing the proposal is unlikely in practice, but the dispute
underscores the credibility gap the government faces with
creditors, notes the report.

NPFG has taken the lead in restructuring talks, in part because it
has more PREPA exposure than other insurers, with nearly $770
million in debt service due between 2016 and 2020, according to
public documents, the report says.  Assured, for example, has just
$262 million in PREPA debt service through 2020, documents show,
the report adds.

Insurers are generally more resistant to concessions than
bondholders because they guarantee debt at par, and are on the
hook for losses, the report notes.  Bondholders, conversely, can
acquire debt at discounts and still profit when principal values
are cut, the report discloses.

NPFG, which faces its own financial struggles stemming from the
global recession, has also been wary of making concessions at
PREPA in part because it may have to make concessions to other
Puerto Rican debt issuers, sources said, the report relays.

In a note, Height Securities analyst Ed Groshans said bond insures
are "at risk" of having to make payouts as soon as Jan. 1, when
Puerto Rico could default on a $535 million payment of its general
obligation debt, the report says.

PREPA, on the other hand, has been criticized by NPFG for refusing
to raise rates on consumers, a move NPFG felt would have allowed
it to pay its debt without a restructuring, the report adds.

                        *     *     *

The Troubled Company Reporter on Feb. 4, 2015 reported that
Standard & Poor's Ratings Services said it maintained its 'CCC'
rating on the Puerto Rico Electric Power Authority's (PREPA) power
revenue bonds on CreditWatch with negative implications.  S&P
originally placed the rating on CreditWatch on June 18, 2014.

On Dec. 15, 2014, TCRLA reported that Fitch is maintaining the
$8.6 billion of Puerto Rico Electric Power Authority (PREPA) power
revenue bonds on Negative Rating Watch.  The bonds are currently
rated 'CC'.

As reported in the Troubled Company Reporter on Sept. 19, 2014,
Moody's Investors Service has downgraded the rating for Puerto
Rico Electric Power Authority's (PREPA) $8.8 billion of Power
Revenue Bonds to Caa3 from Caa2.  This rating action concludes the
rating review that Moody's initiated on July 1, 2014.  PREPA's
rating outlook is negative.


PUERTO RICO: Bank Sees Drop in Liquidity Amid Economic Crisis
-------------------------------------------------------------
Danica Coto at Associated Press reports that the government bank
responsible for issuing Puerto Rico's bonds said that its
liquidity has dropped below $1 billion as concerns grow it won't
be able to make a large upcoming bond payment amid the U.S.
territory's economic crisis.

The Government Development Bank said its liquidity stood at $875
million at the end of September, according to Associated Press.
The announcement came a day after the bank's president and other
government officials met with advisers of Puerto Rico bondholder
groups as the territory's administration seeks to restructure a
$72 billion public debt that the governor has said is unpayable
and needs restructuring, notes the report.

Investors and economists are now questioning whether the bank will
be able to meet a $355 million bond payment due Dec. 1 given its
dwindling funds, the report relays.

"It's absolutely worrisome," economist Vicente Feliciano said of
the drop in liquidity, the report notes.  "The general fund is
also treading water . . . we're coming to a credit crunch."

The report notes that Mr. Feliciano noted that Puerto Rico's
government already has delayed payments to suppliers and that a
large number of taxpayers are still waiting for refunds.  The bank
said it ended discussions with one bondholder group because they
could not reach a debt-restructuring deal, the report relays.

Bank President Melba Acosta has said the Dec. 1 payment and
another one due Jan. 1 are a priority because they involve
government-backed general obligation bonds, the report notes.

However, Feliciano said a default is still a possibility. "In the
end, if there's no money, there's no money," Mr. Acosta said, the
report notes.

The government has increased taxes and imposed new ones to help
generate more revenue, leading to growing anger among Puerto
Ricans who say they are being unfairly burdened, the report
relays.  The administration of President Barack Obama warned that
the island's economic problems could lead to a humanitarian crisis
if Congress does not create, among other things, a territorial
bankruptcy regime that would allow Puerto Rico to restructure its
debt, the report notes.

Puerto Rico legislators are currently debating a measure that
would establish a fiscal control board that would oversee
implementation of a proposed five-year fiscal overhaul that calls
for changes including a reduction in the minimum wage, the report
says.  Leaders of various unions across the island say they are
organizing a general strike to protest the proposal and other
government actions aimed at helping boost the economy, the report
adds.


===========================
V I R G I N   I S L A N D S
===========================


HOVENSA LLC: Court Sets Dec. 1 as General Claims Bar Date
---------------------------------------------------------
The District Court of the Virgin Islands, Bankruptcy Division,
established Dec. 1, 2015, at 5:00 p.m., as the deadline for any
individual or entity to file proofs of claim against Hovensa
L.L.C.

The Court also sets March 14, 2015, at 5:00 p.m., as the
governmental unit bar date.

Proofs of claim must be submitted to (i) Clerk of the District
Court of the Virgin Islands, Bankruptcy Division; or (ii) the
Debtor's claims and noticing agent Prime Clerk, LLC:

         Hovensa L.L.C. Claims Processing Center
         c/o Prime Clerk LLC
         830 3rd Avenue, 3rd Floor
         New York, NY 10022

                            About Hovensa

Hovensa, L.L.C., produces and markets refined petroleum products.
The Company offers gasoline, diesel, home heating oil, jet fuel,
kerosene, and residual fuel oil.  Hovensa serves customers
throughout North America.

Hovensa L.L.C. filed a Chapter 11 bankruptcy petition in the U.S.
Bankruptcy Court for the District of the Virgin Islands (Bankr. D.
V.I. Case No. 15-10003) on Sept. 15, 2015.  The petition was
signed by Sloan Schoyer as authorized signatory.  The Debtor has
estimated assets of $100 million to $500 million, and liabilities
of more than $1 billion.

Judge Mary F. Walrath is assigned to the case.  The Law Offices of
Richard H. Dollison, P.C., serves as the Debtor's counsel.  Prime
Clerk LLC is the Debtor's claims and noticing agent.  Alvarez &
Marsal North America, LLC to provide Thomas E. Hill as chief
restructuring officer, effective Sept. 15, 2015 petition date.

The U.S. Trustee appointed five creditors to serve on the
committee of creditors holding unsecured claims.


HOVENSA LLC: Richard H. Dollison Approved as Local Counsel
----------------------------------------------------------
The District Court of the Virgin Islands, Bankruptcy Division,
authorized Hovensa L.L.C., to employ The Law Offices of Richard H.
Dollison, P.C., as local counsel.

The firm is expected to, among other things:

   1. advise the Debtor with respect to its powers and duties as
debtor-in-possession in the continued management and operation of
its business and property;

   2. attend meetings and negotiate with creditors and
parties-in-interest to the extent necessary as local counsel; and

   3. advise the Debtor in connection with any sale of assets in
the Chapter 11 case to the extent necessary.

The firm will use its reasonable efforts to avoid any duplication
of services provided by any of the Debtor's other retained
professionals in the case.

On Oct. 6, 2015, Mr. Dollison filed a certificate of no objection
regarding the Debtor's application.

                            About Hovensa

Hovensa, L.L.C., produces and markets refined petroleum products.
The Company offers gasoline, diesel, home heating oil, jet fuel,
kerosene, and residual fuel oil.  Hovensa serves customers
throughout North America.

Hovensa L.L.C. filed a Chapter 11 bankruptcy petition in the U.S.
Bankruptcy Court for the District of the Virgin Islands (Bankr. D.
V.I. Case No. 15-10003) on Sept. 15, 2015.  The petition was
signed by Sloan Schoyer as authorized signatory.  The Debtor has
estimated assets of $100 million to $500 million, and liabilities
of more than $1 billion.

Judge Mary F. Walrath is assigned to the case.  The Law Offices of
Richard H. Dollison, P.C., serves as the Debtor's counsel.  Prime
Clerk LLC is the Debtor's claims and noticing agent.  Alvarez &
Marsal North America, LLC to provide Thomas E. Hill as chief
restructuring officer, effective Sept. 15, 2015 petition date.

The U.S. Trustee appointed five creditors to serve on the
committee of creditors holding unsecured claims.


HOVENSA LLC: Section 341(a) Meeting Slated for November 5
---------------------------------------------------------
A meeting of creditors of Hovensa LLC pursuant to Section 341(a)
meeting will be held on Nov. 5, 2015, at 8:30 a.m. (AST) at the
District Court of the Virgin Islands, St. Croix Division, 3013
Estate Golden Rock, Suite 2019, St. Croix, U.S. Virgin Islands.

Hovensa, L.L.C., produces and markets refined petroleum products.
The Company offers gasoline, diesel, home heating oil, jet fuel,
kerosene, and residual fuel oil.  Hovensa serves customers
throughout North America.

Hovensa L.L.C. filed a Chapter 11 bankruptcy petition in the U.S.
Bankruptcy Court for the District of the Virgin Islands (Bankr. D.
V.I. Case No. 15-10003) on Sept. 15, 2015.  The petition was
signed by Sloan Schoyer as authorized signatory.  The Debtor has
estimated assets of $100 million to $500 million, and liabilities
of more than $1 billion.

Judge Mary F. Walrath is assigned to the case.  The Law Offices of
Richard H. Dollison, P.C., serves as the Debtor's counsel.  Prime
Clerk LLC is the Debtor's claims and noticing agent.  Alvarez &
Marsal North America, LLC to provide Thomas E. Hill as chief
restructuring officer, effective Sept. 15, 2015 petition date.

The U.S. Trustee appointed five creditors to serve on the
committee of creditors holding unsecured claims.


HOVENSA LLC: Files Schedules of Assets and Liabilities
------------------------------------------------------
Hovensa LLC filed with the District Court of the Virgin Islands
its schedules of summary of assets and liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property              $184,000,000
  B. Personal Property           $54,733,110
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $40,000,000
  E. Creditors Holding
     Unsecured Priority
     Claims                                       $14,399,163

  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                    $1,930,923,740
                              --------------   --------------
        Total                   $238,733,110   $1,985,322,903


A copy of the schedules is available for free at
http://is.gd/dTQBrZ

                            About Hovensa

Hovensa, L.L.C., produces and markets refined petroleum products.
The Company offers gasoline, diesel, home heating oil, jet fuel,
kerosene, and residual fuel oil.  Hovensa serves customers
throughout North America.

Hovensa L.L.C. filed a Chapter 11 bankruptcy petition in the U.S.
Bankruptcy Court for the District of the Virgin Islands (Bankr. D.
V.I. Case No. 15-10003) on Sept. 15, 2015.  The petition was
signed by Sloan Schoyer as authorized signatory.  The Debtor has
estimated assets of $100 million to $500 million, and liabilities
of more than $1 billion.

Judge Mary F. Walrath is assigned to the case.  The Law Offices of
Richard H. Dollison, P.C., serves as the Debtor's counsel.  Prime
Clerk LLC is the Debtor's claims and noticing agent.  Alvarez &
Marsal North America, LLC to provide Thomas E. Hill as chief
restructuring officer, effective Sept. 15, 2015 petition date.

The U.S. Trustee appointed five creditors to serve on the
committee of creditors holding unsecured claims.


                            ***********


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
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USA, Marites O. Claro, Joy A. Agravante, Rousel Elaine T.
Fernandez, Valerie U. Pascual, Julie Anne L. Toledo, and Peter A.
Chapman, Editors.

Copyright 2015.  All rights reserved.  ISSN 1529-2746.

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