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

            Thursday, September 8, 2016, Vol. 17, No. 178


                            Headlines



B R A Z I L

JSL SA: S&P Assigns 'BB' Corp. Credit Rating; Outlook Negative
* BRAZIL: Rousseff Vacates Presidential Palace After Ouster


C A Y M A N  I S L A N D S

CHINA SENIOR (NANQING): Commences Liquidation Proceedings
CHINA SENIOR (SHUANGQIAO): Commences Liquidation Proceedings
CHINA SENIOR (SONGJIANG): Commences Liquidation Proceedings
CHINA SENIOR (YIZHUANG): Commences Liquidation Proceedings
COLUMBIA HOSPITAL: Commences Liquidation Proceedings

ILF G.P.: Commences Liquidation Proceedings
MAGNATE COMPANY: Creditors' Proofs of Debt Due Sept. 20
MY KFUND: Commences Liquidation Proceedings
TEN PARK: Placed Under Voluntary Wind-Up
TOP GLORY: Creditors' Proofs of Debt Due Sept. 28

TPIF GP: Commences Liquidation Proceedings


D O M I N I C A N   R E P U B L I C

GROOVE FEST: Goes Into Liquidation; 2016 Event Cancelled


P U E R T O    R I C O

AMERICAN PARKING: Miramar Seeks Approval to Serve as Consultant
EDGAR COLON: Court Dismisses Involuntary Bankruptcy Petition
FARMACIA BRISAS: Unsecureds to Recover 20% Under Plan
GENTE JOVEN: Hires Luis D. Flores Gonzalez as Bankruptcy Counsel
GLOBAL FITNESS SOLUTION: Plan Confirmation Hearing on Oct. 4

JAYUYA MEMORIAL: Taps Batista Law as Counsel
JOSUE CARRERO: U.S. Trustee Wins in Bid to Convert Case to Chap. 7
JOYUDA SEA FOOD: Taps Carlos Miranda as Real Estate Appraiser
LA ESTRELLA: Needs Additional 90 Days to Confirm Plan
LAS AMERICAS 74-75: Hires Blasini Gonzalez as Special Counsel

LUVIS AMBULANCE: Taps Batista Law as Counsel
MANUEL BABILONIA SANTIAGO: Disclosure Statement Hearing on Oct. 26
ME BARS: Disclosure Statement, Plan Approval Hearing on Sept. 15
VERNUS GROUP: Disclosure Statement Hearing Set for Oct. 26


T R I N I D A D  &  T O B A G O

TRINIDAD  &  TOBAGO: Faces Huge Budget Challenges


                            - - - - -


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


JSL SA: S&P Assigns 'BB' Corp. Credit Rating; Outlook Negative
--------------------------------------------------------------
S&P Global Ratings said that it had assigned its 'BB' global scale
corporate credit rating to JSL S.A.  The outlook is negative.

"The rating reflects the company's position as one of the largest
logistics service providers in Brazil, with diversification into
light vehicle rental and fleet management," said S&P Global
Ratings credit analyst Marcus Fernandes.  "The company's operating
efficiency also highlights JSL's ability to adequately price its
contracts, and sell used vehicles through its integrated vehicle
sale structure, including new and used vehicle dealerships."

S&P expects such efficiencies and competitive advantages to
continue supporting S&P's view that JSL will keep expanding its
business over the next few quarters, although at a more
conservative pace than historical average due to Brazil's economic
slump.

Nevertheless, S&P expects JSL would face difficulty to improve its
financial metrics, given S&P's expectations of still high interest
rates that can reduce the profitability of the company's contracts
in the short term.  As a result, S&P expects JSL's interest
coverage and FFO-to-debt metrics to remain pressured for the 'BB'
rating category over the next few quarters, close to 1.5x and 12%,
respectively.

S&P's analysis of JSL's business risk profile is based on the
company's scale of operation in the Brazilian market, the long-
term profile of its contracted position, and operating efficiency
given its diversification into synergic businesses, such as
logistics, car and fleet rental, and vehicle dealerships.  S&P
expects JSL to continue benefiting from such a diverse portfolio
of services in the short term, because S&P believes the company
would continue capturing new service contracts despite the weak
market conditions in Brazil.

S&P do, however, expects JSL will face challenges to maintain its
historical profitability level.  That's because high interest
rates would reduce the profitability of the company's legacy
contract portfolio, while new contracts would incorporate higher
rates and stronger competition.  Also, maintaining high
utilization rates and improving profitability at Movida, JSL's car
rental subsidiary, will prove difficult, given S&P's expectations
of still limited corporate travel volume and declining traffic for
leisure travel.

JSL's financial metrics are likely to continue reflecting the
company's historically aggressive growth strategy over the next
few quarters, given that it funded its growth mainly with debt.
The more conservative growth plan for the next few quarters should
allow JSL to slowly improve its free operating cash flow (FOCF)
generation and start reducing its leverage, with debt to EBITDA of
about 4.0x by the end of 2016.  However, the still high interest
rates in Brazil are likely to continue weighing on JSL's funds
from operations (FFO) generation and interest coverage ratios,
because S&P expects FFO to debt of about 12%, and EBITDA interest
coverage of about 1.5x.

Mr. Fernandes added: "The negative outlook reflects our
expectations that the company's credit metrics will remain
pressured for the 'BB' rating category, given that we believe
interest rates will remain high through the end of 2016.  However,
we expect the company to improve its cash generation slightly
through the year, due to its more conservative growth strategy.
Under such a scenario, debt to EBITDA would remain around 4.0x and
FFO to debt at about 12% over the next 12 months."

S&P could downgrade JSL if market conditions further weaken,
resulting in either increasing delinquency rates or persistently
high financial costs, leading to debt to EBITDA consistently above
4.0x, FFO to debt close to 12%, and an FOCF shortfall.  A negative
rating action on the sovereign rating could also trigger a rating
downgrade on JSL, given its high risk exposure to the Brazilian
domestic economy.

An upgrade is currently unlikely, given S&P's low expectation of
significant improvements in Brazil's macroeconomic environment.
However, S&P could revise the company's outlook to stable if JSL
posts stronger-than-expected financial metrics through higher
operating efficiency, such as debt to EBITDA consistently below
4.0x, FFO to debt above 20%, and positive FOCF generation.


* BRAZIL: Rousseff Vacates Presidential Palace After Ouster
-----------------------------------------------------------
Fox News reports that Dilma Rousseff has moved out of Brazil's
presidential palace, six days after senators voted to impeach and
remove her from office.

News portal G1 showed images of Brazil's first female president
leaving the Alvorada Palace in the capital of Brasilia, according
to Fox News.  The station later showed her being greeted by
supporters at the airport and boarding a plane, notes the report.

President Rousseff has said she planned to return to her hometown
of Porto Alegre in southern Brazil, the report relays.

President Rousseff was removed from office for breaking fiscal
responsibility laws in her management of the federal budget,
recounts EFE News.  She denies the accusations. She says her
removal was a modern-day coup d'etat by political enemies who
wanted her out office.

Former Vice President Michel Temer is now president and will serve
out Rousseff's term, which runs through 2018, the report adds.

As reported in the Troubled Company Reporter-Latin America on
March 29, 2016, severe contraction that was preceded by several
years of below-trend growth has impaired Brazil's (Ba2 negative)
underlying economic strength, despite the country's large and
diversified economy, says Moody's Investors Service.  The
country's credit rating is also coming under pressure from the
government's high level of mandatory spending.




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


CHINA SENIOR (NANQING): Commences Liquidation Proceedings
---------------------------------------------------------
On Aug. 17, 2016, the sole shareholder of China Senior Housing SPV
(Nanqing), 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:

          Walkers Liquidations Limited
          27 Hospital Road, George Town
          Grand Cayman KY1-9008
          Cayman Islands


CHINA SENIOR (SHUANGQIAO): Commences Liquidation Proceedings
------------------------------------------------------------
On Aug. 17, 2016, the sole shareholder of China Senior Housing
(Shuangqiao) 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:

          Walkers Liquidations Limited
          27 Hospital Road, George Town
          Grand Cayman KY1-9008
          Cayman Islands


CHINA SENIOR (SONGJIANG): Commences Liquidation Proceedings
-----------------------------------------------------------
On Aug. 17, 2016, the sole shareholder of China Senior Housing SPV
(Songjiang), 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:

          Walkers Liquidations Limited
          27 Hospital Road, George Town
          Grand Cayman KY1-9008
          Cayman Islands


CHINA SENIOR (YIZHUANG): Commences Liquidation Proceedings
----------------------------------------------------------
On Aug. 17, 2016, the sole shareholder of China Senior Housing
(Yizhuang) 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:

          Walkers Liquidations Limited
          27 Hospital Road, George Town
          Grand Cayman KY1-9008
          Cayman Islands


COLUMBIA HOSPITAL: Commences Liquidation Proceedings
----------------------------------------------------
On Aug. 17, 2016, the sole shareholder of Columbia Hospital
Investment 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:

          Walkers Liquidations Limited
          27 Hospital Road, George Town
          Grand Cayman KY1-9008
          Cayman Islands


ILF G.P.: Commences Liquidation Proceedings
-------------------------------------------
On Aug. 16, 2016, the sole shareholder of ILF G.P. 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:

          Walkers Liquidations Limited
          Cayman Corporate Centre
          27 Hospital Road, George Town
          Grand Cayman KY1-9008
          Cayman Islands
          Telephone: +1 (345) 949 0100


MAGNATE COMPANY: Creditors' Proofs of Debt Due Sept. 20
-------------------------------------------------------
The creditors of Magnate Company Limited are required to file
their proofs of debt by Sept. 20, 2016, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on Aug. 16, 2016.

The company's liquidator is:

          Paul Travers
          c/o Cayman Management Ltd.
          Governors Square, 2nd Floor
          P.O. Box 1569, Grand Cayman KY1-1110
          Cayman Islands
          Telephone: +345 949 4018
          Facsimile: +345 949 7891


MY KFUND: Commences Liquidation Proceedings
-------------------------------------------
On Aug. 11, 2016, the sole shareholder of MY Kfund 127 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:

          Walkers Liquidations Limited
          Cayman Corporate Centre
          27 Hospital Road, George Town
          Grand Cayman KY1-9008
          Cayman Islands
          Telephone: +1 (345) 949 0100


TEN PARK: Placed Under Voluntary Wind-Up
----------------------------------------
On Aug. 12, 2016, the shareholders of Ten Park SPC 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:

          Metropolitan Life Insurance Company
          c/o Madeleine Welham
          Ogier
          89 Nexus Way, Camana Bay
          Grand Cayman KY1-9009
          Cayman Islands
          Telephone: +1 (345) 949 9876
          Facsimile: +1 (345) 949-9877


TOP GLORY: Creditors' Proofs of Debt Due Sept. 28
-------------------------------------------------
The creditors of Top Glory Investment Limited are required to file
their proofs of debt by Sept. 28, 2016, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on Aug. 18, 2016.

The company's liquidators are:

          Stephen Liu Yiu Keung
          Koo Chi Sum
          c/o Ernst & Young Transactions Ltd.
          One Island East, 62nd Floor
          18 Westlands Road, Island East
          Hong Kong


TPIF GP: Commences Liquidation Proceedings
------------------------------------------
On Aug. 16, 2016, the sole shareholder of TPIF GP 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:

          Walkers Liquidations Limited
          Cayman Corporate Centre
          27 Hospital Road, George Town
          Grand Cayman KY1-9008
          Cayman Islands
          Telephone: +1 (345) 949 0100



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


GROOVE FEST: Goes Into Liquidation; 2016 Event Cancelled
--------------------------------------------------------
Krystal Rodriguez at THUMP reports that just three days before it
was scheduled to kick off its annual weeklong festival in the
Dominican Republic, Groovefest has canceled its 2016 event.

THUMP, citing a Facebook post, said the promoters cite being
unable to hit ticket sale targets as the reason for cancellation,
thus being unable to fulfill some of their contractual agreements.
"The company has now effectively ceased trading and we have
formally instructed insolvency practitioners . . . to assist us
with the formalities of placing the company into liquidation," the
company wrote, THUMP relays.

Groovefest was founded in 2012 by London promoters Jason Nelhams
and Courtney Tuck as an all-inclusive Caribbean getaway
soundtracked by house and techno, the report discloses. This year,
artists including Claude VonStroke, Gorgon City, Derrick Carter,
DJ Pierre, Kenny Dope, and Justin Martin were scheduled to play in
the festival, which takes place on the easternmost tip of the
Dominican Republic in Punta Cana.

Plans were also in the works for a Malta edition in 2017, says
THUMP.

Before Groovefest made the last-minute announcement, a Facebook
post made on Sept. 1 by Carter indicated that trouble was brewing.
In the post, he said he would no longer be performing due to his
agency not having received their deposit from the organizers,
THUMP relates. "I can't head off to another country for a show
where the organizers haven't handled the most fundamental elements
of booking an artist for an event," he wrote, adding, "Not sure
about any of the other advertised performers situations," the
report relays.



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


AMERICAN PARKING: Miramar Seeks Approval to Serve as Consultant
---------------------------------------------------------------
Miramar Asset Management LLC has filed with the U.S. Bankruptcy
Court for the District of Puerto Rico a motion seeking approval to
serve as American Parking Systems Inc.'s consultant.

Miramar had earlier entered into a consulting agreement with the
Debtor, which allowed the Puerto Rico-based company to help the
Debtor obtain financing for its Isla Verde and Interamericana
buildings.

Under the agreement, Miramar will receive a consulting fee of 3%
of the proceeds committed by the lender for the financing.
Federico Calaf Reichard, a principal of Miramar, disclosed in a
court filing that the firm is a "disinterested person" as defined
in section 101(14) of the Bankruptcy Code.
The firm can be reached through:

        Federico A. Calaf Reichard,
        Miramar Asset Management LLC
        P.O. Box 2946
        San Juan, PR 00902
        Phone: 787-231-8564

                  About American Parking

Headquartered in San Juan, Puerto Rico, American Parking System
Inc. filed for Chapter 11 bankruptcy protection (Bankr. D. P.R.
Case No. 16-02761) on April 8, 2016, estimating its assets at up
to $50,000 and its liabilities at between $10 million and $50
million.  The petition was signed by Miguel Cabral Veras,
president.

Judge Edward A Godoy presides over the case.

Alexis Fuentes Hernandez, Esq., at Fuentes Law Offices, LLC,
serves as the Debtor's bankruptcy counsel.


EDGAR COLON: Court Dismisses Involuntary Bankruptcy Petition
------------------------------------------------------------
Judge Enrique S. Lamoutte of the United States Bankruptcy Court
for the District of Puerto Rico dismissed the involuntary
bankruptcy petition filed against Dr. Edgar Abner Reyes Colon.

The petition was filed by Banco Popular de Puerto Rico and its
affiliate, Popular Auto, Inc., on November 22, 2006. Colon moved
to dismiss, contending that the petition, brought by only two
creditors, fails to comply with the statutory provisions in
Section 303(b)(1) and (2) of the Bankruptcy Code, requiring that
whenever there are more than 12 creditors, at least three
undisputed creditors must join the petition.

Judge Lamoutte concluded that while there are special
circumstances due to the involuntary debtor's scheme to
misrepresent his financial condition, that misconduct may not
override the statutory requirement that three or more creditors
join in the filing of an involuntary petition when there are 12 or
more creditors.

The case is IN RE: EDGAR ABNER REYES COLON, Debtor, CASE NO. 06-
04675 (ESL)(Bankr. D.P.R.).

A full-text copy of Judge Lamoutte's September 2, 2016 order is
available at http://bankrupt.com/misc/prb06-04675-722.pdf

FARMACIA BRISAS: Unsecureds to Recover 20% Under Plan
-----------------------------------------------------
Farmacia Brisas Del Mar, Inc., filed with the U.S. Bankruptcy
Court for the District of Puerto Rico a disclosure statement
describing the Debtor's Chapter 11 plan.

Class 2 General Unsecured Claims are estimated to total
$1,674,621.52.  The Debtor will award a total sum of $334,924.30,
which represents a 20% distribution for this class.  This class'
allowed unsecured claims will be paid in 60 equal monthly
installments of $5,582.07, each payment will be distributed in a
pro rate amount to all creditors and claimants included in this
class.  Since the liquidation value in this case is for 15%, this
class would receive less distribution if Debtor's debts were
liquidated under a Chapter 7.  If a default in the monthly
payments to these creditors were to occur, they would be entitled
to collect the past due payments.  This class is impaired.

The Plan will be funded with cash available proceeds from the
revenue that the pharmacy generates, after paying operating
expenses and taxes.

The Disclosure Statement is available at:

            http://bankrupt.com/misc/prb16-00054-58.pdf

Headquartered in Luquillo, Puerto Rico, Farmacia Brisas Del Mar,
Inc., is a corporation dedicated to pharmaceutical services.  The
pharmacy, which operates under the name Farmacia Brisas del Mar,
is located at Doctora Irma Ruiz Pagan Street, Luquillo, Puerto
Rico.

The Debtor operates on a rented property and it was incorporated
in 1987.  In the Debtor's business most sales are pharmaceuticals
goods, and a limited amount of sales come from miscellaneous
goods, like toys, beverages, school supplies, and beauty supplies,
among others.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
P.R. Case No. 16-00054) on Jan. 8, 2016, estimating its assets at
between $100,000 and $500,000 and liabilities at between $1
million and $10 million.  The petition was signed by Ana I. De La
Cruz Padilla, secretary.

Judge Lamoutte Inclan presides over the case.

Victor Gratacos Diaz, Esq., at Gratacos Law Firm, P.S.C., serves
as the Debtor's bankruptcy counsel.


GENTE JOVEN: Hires Luis D. Flores Gonzalez as Bankruptcy Counsel
----------------------------------------------------------------
Gente Joven Guayama, Inc., asks for authorization from the U.S.
Bankruptcy Court for the District of Puerto Rico to employ the Law
Offices of Luis D. Flores Gonzalez, attorney at law, as bankruptcy
counsel.

The Debtor said it needs the firm in connection with the filing of
the Schedules, the Statement of Financial Affairs filed under
Chapter 11, the payment plan that will be proposed, the
examination of the claims filed, the Disclosure Statement and
other related matters.

Mr. Gonzalez will be paid at these hourly rates:

      Luis D. Flores Gonzalez, Esq.    $200
      Certified Legal Assistants        $60
      Paraprofessionals                 $40

Mr. Gonzalez tells the Court that he has received a retainer in
the case in the amount of $3,000, which sum upon information and
belief, was generated by the Debtor.

Mr. Gonzalez assures the Court that neither he nor any member or
associate of the firm holds any relationship or connection with
the Debtor, creditor or any other party in interest nor their
attorneys and accountants, the U.S. Trustee or any person employed
in the office of the U.S. Trustee in the present nor any related
matter.  Mr. Gonzalez tells the Court that he is a disinterested
party as required by 11 U.S.C. Sec. 327(a).

Mr. Gonzalez can be reached at:

      Luis D. Flores Gonzalez, Esq.
      Luis D. Flores Gonzalez 121505
      Georgetti No. 80 Suite 202
      Rio Piedras, Puerto Rico 00925
      Tel: (787) 758-3606
      E-mail: ldfglaw@coqui.net
              ldfglaw@yahoo.com

Gente Joven Guayama, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. D.P.R. Case No. 16-02942) on April 14, 2016.
Luis D. Flores Gonzalez, Esq., at Luis D. Flores Gonzalez Law
Office serves as the Debtor's bankruptcy counsel.


GLOBAL FITNESS SOLUTION: Plan Confirmation Hearing on Oct. 4
------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Puerto Rico is set
to hold a hearing on October 4, at 10:00 a.m., to consider
approval of the Chapter 11 plan of Global Fitness Solution, Inc.

The court will also consider at the hearing the final approval of
the company's disclosure statement, which it conditionally
approved on August 23.

The deadline for creditors to cast their votes and file their
objections is three days prior to the hearing.

                    About Global Fitness Solution

Global Fitness Solution, Inc. sought protection under Chapter 11
of the Bankruptcy Code (Bankr. D.P.R. Case No. 16-01721) on March
3, 2016. The Debtor is represented by Emily Darice Davila Rivera,
Esq., at the Law Office of Emily D. Davila Rivera. The case is
assigned to Judge Enrique S. Lamoutte Inclan.


JAYUYA MEMORIAL: Taps Batista Law as Counsel
-------------------------------------------
Jayuya Memorial, Inc. seeks authorization from the U.S. Bankruptcy
Court for the District of Puerto Rico to employ The Batista Law
Group, P.S.C. as counsel, effective August 5, 2016.

Batista Law will be paid at these hourly rates:

         Jesus E. Batista         $225
         Associates               $150
         Paralegals                $75

Batista Law will also be reimbursed for reasonable out-of-pocket
expenses incurred.

The Debtor paid Batista Law an initial retainer of $1,000.
Jesus E. Batista Sanches, principal of Batista Law, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estate.
Batista Law can be reached at:

         Jesus E. Batista Sanchez, Esq.
         THE BATISTA LAW GROUP, PSC.
         Cond. Mid-Town Center
         420 Ave. Juan Ponce De Leon, Suite 901
         San Juan, PR 00918
         Tel: (787) 620-2856
         Fax: (787) 777-1589
         E-mail: jesus.batista@batistalawgroup.com

Jayuya Memorial, Inc filed a Chapter 11 bankruptcy petition
(Bankr. D.P.R. Case No. 16-06235) on August 5, 2016, listing under
$1 million in assets and debts.


JOSUE CARRERO: U.S. Trustee Wins in Bid to Convert Case to Chap. 7
------------------------------------------------------------------
Judge Brian K. Tester of the United States Bankruptcy Court for
the District of Puerto Rico granted the United States Trustee's
motion to convert Josue Carrion Carrero's Chapter 11 case to a
case under Chapter 7 of the Bankruptcy Code.

In its motion, which is joined by Firstbank, the U.S. Trustee
cited several grounds for the conversion of the case to chapter 7,
specifically, lack of good faith due to undisclosed assets;
substantial or continuing loss to or diminution of the estate
coupled with the absence of the likelihood of rehabilitation; and
gross mismanagement of the estate.

Judge Tester found that "cause" exists for relief under 11 U.S.C.
section 1112(b)(1). This was predicated on the court's finding
that the debtor acted either intentionally or recklessly in
violation of his financial disclosure obligations as a chapter 11
debtor.

"The court finds that the Debtor's violation of his duties, at a
minimum, reckless or, worse still, purposeful. Either way, his
conduct is inexcusable. Without a reasonable justification for the
Debtor's inadequate performance as DIP, the case must be converted
or dismissed," said the judge.

The bankruptcy case is captioned IN RE: JOSUE CARRION CARRERO,
Debtor(s), Case No. 16-0194 (Bankr. D.P.R.).

A full-text copy of Judge Silverstein's August 8, 2016 order is
available at http://bankrupt.com/misc/prb16-01964-135.pdf

                About Josue Carrion Carrero

Josue Carrion Carrero filed a Chapter 11 bankruptcy petition
(Bankr. D.P.R. Case No. 16-0194) on March 11, 2016.


JOYUDA SEA FOOD: Taps Carlos Miranda as Real Estate Appraiser
-------------------------------------------------------------
Joyuda Sea Food, Inc. seeks approval from the U.S. Bankruptcy
Court for the District of Puerto Rico to hire a real estate
appraiser.

The Debtor proposes to hire Carlos Miranda, a licensed engineer,
to appraise its real property located in Cabo Rojo, Puerto Rico.
Mr. Miranda will receive a fee of $5,000 for his services.

In a court filing, Mr. Miranda disclosed that he is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

Mr. Miranda's contact information is:

         Carlos Miranda
         127 Kalberer, Base Ramey
         Aguadilla, PR 00603-1505
         Phone: (787) 399-1598
         Email: ccimpr@gmail.com

                    About Joyuda Sea Food

Joyuda Sea Food Inc., filed a Chapter 11 bankruptcy petition
(Bankr. D.P.R. Case No. 16-03770) on May 10, 2016. The Debtor is
represented by Gloria Justiniano Irizarry, Esq.


LA ESTRELLA: Needs Additional 90 Days to Confirm Plan
-----------------------------------------------------
La Estrella Fast Food, Inc. requests the U.S. Bankruptcy Court for
the District of Puerto Rico to extend its time to obtain
confirmation of its amended plan of reorganization for 90 days.

The Debtor's exclusivity period was slated to end August 29, 2016
but the Debtor has not been able to confirm a plan because of the
contested issues pending between biggest creditor in this case,
Caribbean Restaurants, LLC, and the debtor.

According to the Debtor, it sought relief under chapter 11 because
of the possible cancellation of lease contract and imminent
eviction by Caribbean, which asserts that the Debtor was in
arrears with its lease contract.  The truth of the matter is that
the contested issue is the validity of an electrical substation in
the amount of $60,000 not contemplated in the original remodeling
contract in the amount of $308,000, the Debtor says.

                About La Estrella Fast Food

La Estrella Fast Food, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. D. P.R. Case No. 15-02687) on April 10, 2015.
The Debtor is represented by Mar Soledad Lozada Figueroa at Lozada
Law & Associates of San Juan, P.R.


LAS AMERICAS 74-75: Hires Blasini Gonzalez as Special Counsel
-------------------------------------------------------------
Las Americas 74-75, Inc., seeks authority from the U.S. Bankruptcy
Court for the District of Puerto Rico to employ Blasini Gonzalez
Law Office as special counsel to the Debtor.

66 Las Americas 74-75 requires Blasini Gonzalez to provide
specialized legal counsel in relation to three cases with the same
creditor, ALD Acquisitions, Inc. (KCD 2010-3910, KCD 2012-2724 and
KCD 2011-1236) and represent the Debtor in any negotiation to a
settlement of the claims pending in the bankruptcy court.

Blasini Gonzalez will be paid at these hourly rates:

         Juan C. Blasini Gonzales         $150
         Senior Attorney                  $150
         Associates                       $125
         Paralegal                        $120

Blasini Gonzalez will also be paid monthly payments of $3,500.
Blasini Gonzalez will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Juan C. Blasini Gonzales, member of Blasini Gonzales Law Office,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

Blasini Gonzalez can be reached at:

         Juan C. Blasini Gonzales, Esq.
         BLASINI GONZALES LAW OFFICE
         Popular Center Building, Suite 1413
         208 Ponce de Leon
         San Juan, PR 00966
         Tel: (787) 614-1301
         Fax: (786) 515-9274
         E-mail: jcblasini@jcbglaw.com


                     About Las Americas 74-75

Las Americas 74-75, Inc., was incorporated in 2004 by Porfirio
Guzman and Maria M. Benitez, and is the owner of certain real
estate property located at the Hato Rey Ward, in San Juan, Puerto
Rico, right next to the reorganized area of Plaza Las Americas.
Las Americas 74-75, Inc., sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D.P.R., Case No. 15-01527) on March 2,
2015.

The petition was signed by Omar Guzman Benitez, vice president.
The case is assigned to Judge Edward Godoy.

Las Americas 74-75 tapped Carmen Conde Torres, Esq., at C. Conde &
Associates, in San Juan, Puerto Rico, as counsel; and Albert
Tamarez Vasquez as accountant.

Las Americas disclosed total assets estimated at $21.2 million and
total debt estimated at $18.7 million.

No official committee of unsecured creditors has been appointed in
the case.


LUVIS AMBULANCE: Taps Batista Law as Counsel
--------------------------------------------
Luvis Ambulance Services, Inc. seeks authorization from the U.S.
Bankruptcy Court for the District of Puerto Rico to employ The
Batista Law Group, P.S.C. as counsel as of August 5, 2016.

Batista Law will be paid at these hourly rates:

         Jesus E. Batista         $225
         Associates               $150
         Paralegals                $75

Batista Law will also be reimbursed for reasonable out-of-pocket
expenses incurred.

The Debtor paid Batista Law an initial retainer of $4,000.
Jesus E. Batista Sanches, principal of Batista Law, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estate.
Batista Law can be reached at:

         Jesus E. Batista Sanchez, Esq.
         THE BATISTA LAW GROUP, PSC.
         Cond. Mid-Town Center
         420 Ave. Juan Ponce De Leon, Suite 901
         San Juan, PR 00918
         Tel: (787) 620-2856
         Fax: (787) 777-1589
         E-mail: jesus.batista@batistalawgroup.com
Luvis Ambulance Services Inc. filed a Chapter 11 bankruptcy
petition (Bankr. D.P.R. Case No. 16-06244) on Aug. 5, 2016. Judge
Enrique S. Lamoutte Inclan presides over the case.


MANUEL BABILONIA SANTIAGO: Disclosure Statement Hearing on Oct. 26
------------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Puerto Rico is set
to hold a hearing on October 26, at 9:00 a.m., to consider
approval of the disclosure statement explaining the Chapter 11
plan of Manuel Babilonia Santiago and Mirta Cortes.

The hearing will take place at the Jose V. Toledo Federal Building
and U.S. Courthouse, Courtroom No. 1, Second Floor, 300 Recinto,
Sur, Old San Juan, Puerto Rico. Objections must be filed not less
than 14 days prior to the hearing.

                          About the Debtors

Manuel Babilonia Santiago and Mirta Cortes sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. P.R. Case No.
16-01148). The case is assigned to Judge Brian K. Tester.


ME BARS: Disclosure Statement, Plan Approval Hearing on Sept. 15
----------------------------------------------------------------
The Hon. Edward A. Godoy of the U.S. Bankruptcy Court for the
District of Puerto Rico has conditionally approved Me Bars and
Restaurants LLC's disclosure statement dated Aug. 12, 2016,
describing the Debtor's Chapter 11 plan.

A hearing for the consideration of the final approval of the
Disclosure Statement and the confirmation of the Plan will be held
on Sept. 15, 2016, at 9:30 a.m.  Any objection to the final
approval of the Disclosure Statement and the confirmation of the
Plan must be filed 14 days prior to the date of the hearing on
confirmation of the Plan.

As reported by the Troubled Company Reporter on Sept. 2, 2016, the
Debtor filed with the Court the Disclosure Statement describing
the Plan, which proposes that holders of general unsecured claims
classified as Class 3 receive a distribution of 5% of its allowed
claims, to be distributed pro rata as follows: $200 per month for
60 months from the effective date.  General unsecured claims total
$178,832.72.  The Plan will distribute $10,492 pro rata among all
unsecured creditors from the effective date of the Plan in monthly
installments.  The payment includes a 5% present rate interest per
annum, for a total payout of $12,000.

Acceptances or rejections of the Plan may be filed in writing by
the holders of all claims 14 days prior to the date of the hearing
on confirmation of the Plan.

The debtor will file with the Court a statement setting forth
compliance with each requirement in Section 1129, the list of
acceptances and rejections and the computation of the same, within
seven working days before the hearing on confirmation.

Me Bars and Restaurants LLC filed for Chapter 11 bankruptcy
protection (Bankr. D.P.R. Case No. 16-01663) on March 1, 2016.
Modesto Bigas Mendez, Esq., at Bigas & Bigas serves as the
Debtor's bankruptcy counsel.


VERNUS GROUP: Disclosure Statement Hearing Set for Oct. 26
----------------------------------------------------------
The U.S. Bankruptcy Court for the District of Puerto Rico is set
to hold a hearing on Oct. 26, at 9:00 a.m., to consider approval
of the disclosure statement explaining the Chapter 11 plan of
Vernus Group Corp.

The hearing will take place at the Jose V. Toledo Federal Building
and U.S. Courthouse, Courtroom No. 1, Second Floor, 300 Recinto,
Sur, Old San Juan, Puerto Rico. Objections must be filed not less
than 14 days prior to the hearing.

Vernus Group is represented by:

         Charles Alfred Cuprill, Esq.
         Charles A. Cuprill, PSC Law Office
         356 Calle Fortaleza, Second Floor
         San Juan, PR 00901
         Tel: 787 977-0515
         Email: cacuprill@cuprill.com

                     About Vernus Group Corp.

Vernus Group Corp. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. P.R. Case No. 15-09339) on November 25,
2015. The petition was signed by Jose Rafael Hernandez, chairman
and president.

The case is assigned to Judge Brian K. Tester.

At the time of the filing, the Debtor disclosed $3.69 million in
assets and $225,686 in liabilities.


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


TRINIDAD  &  TOBAGO: Faces Huge Budget Challenges
-------------------------------------------------
Trinidad Express reports that Trinidad and Tobago Finance Minister
Colm Imbert has the unenviable task of preparing and presenting
Government's 2016-2017 Budget at a time when revenues remain
uncertain, expenditures are increasing and people are expecting
the Cabinet to start delivering on all fronts, but most of all on
outstanding infrastructure works.

Last year, within weeks of winning the general election, Minister
Imbert had to fast-track a budget that proved to be unworkable
because of changing dynamics, 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 2016.  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
202-362-8552.


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