/raid1/www/Hosts/bankrupt/TCR_Public/080301.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

             Saturday, March 1, 2008, Vol. 12, No. 52

                             Headlines



ACCEPTANCE INSURANCE: Incurs $27,965 Net Loss in December 2007
ACCEPTANCE INSURANCE: Earns $624,338 in Month Ended January 2008
AMERICAN LAFRANCE: Files Initial Monthly Operating Report
ASARCO LLC: Files January 2008 Monthly Operating Report
CATHOLIC CHURCH: Davenport Files January 2008 Operating Report

FORTUNOFF: Submits Schedules of Assets and Liabilities
FORTUNOFF: Source Financing Files Schedules of Assets and Debts
FORTUNOFF: Westbury Unit Files Schedules of Assets & Debts
INTERSTATE BAKERIES: Posts $20MM Net Loss for Month Ended Jan. 12
JOHNSON RUBBER: Posts January 2008 Monthly Net Loss of $449,139

LEVITT AND SONS: Delivers Operating Report for January 2008
LEVITZ FURNITURE: Reports $3.9MM Net Loss For Month Ended Feb. 3
LTV CORP: Files January 2008 Monthly Operating Report
NETBANK INC: Files January 2008 Monthly Operating Report
NEUMANN HOMES: Files January 2008 Monthly Operating Report

POPE & TALBOT: Amends Global Notes on Schedules and Statements
POPE & TALBOT: Amends Personal Property & Unsecured Debt Schedules
POPE & TALBOT: P&T Ltd. Amends Schedules of Assets and Debts
POPE & TALBOT: Spearfish Amends Schedules of Assets and Debts
POPE & TALBOT: Lumber Sales Amends Schedules of Assets and Debts

SCO GROUP: Incurs $2,817,756 Loss for Month Ended Jan. 31, 2008
TOUSA INC: TOUSA Homes Files Schedules of Assets and Liabilities
TOUSA INC: West Holdings Files Schedules of Assets and Liabilities
TOUSA INC: Four Affiliates File Schedules of Assets and Debts
TOUSA INC: 31 Affiliates File Schedules of Assets and Debts



                             *********

ACCEPTANCE INSURANCE: Incurs $27,965 Net Loss in December 2007
--------------------------------------------------------------
Acceptance Insurance Companies Inc. filed its monthly operating
report for December 2008 with the United States Bankruptcy Court
for the District of Nebraska on Dec. 31, 2007.

The Debtor reported a net loss of $27,965 and revenue of
$4,447 for the month ended Dec. 31, 2007.

At Dec. 31, 2007, Acceptance Insurance Companies Inc.'s balance
sheet showed:

        Total Current Assets                    $1,296,871
        Total Assets                           $36,236,172
        Total Liabilities                     $138,187,943
        Total Shareholders' Deficit           $101,951,771

A full-text copy of Acceptance Insurance Companies Inc.'s October
2007 Monthly Operating Report is available at no charge at:

               http://researcharchives.com/t/s?285e

Headquartered in Council Bluffs, Iowa, Acceptance Insurance
Companies, Inc.-- http://www.aicins.com/--owns, either directly
or indirectly, several companies, one of which is an insurance
company that accounts for substantially all of the business
operations and assets of the corporate groups.

The company filed for chapter 11 protection on Jan. 7, 2005
(Bankr. D. Nebr. Case No. 05-80059).  The Debtor's affiliates--
Acceptance Insurance Services, Inc. and American Agrisurance, Inc.
-- each filed chapter 7 petitions (Bankr. D. Nebr. Case Nos.
05-80056 and 05-80058) on Jan. 7, 2005.  John J. Jolley, Esq.,
at Kutak Rock LLP, represents the Debtor in its restructuring
efforts.  Lawyers at McGrath North Mullin & Kratz PC LLO.
represent the the Official Committee of Unsecured Creditors in
Acceptance Insurance's case.  As of December 2007, the Debtor
listed $36,326,172 in total assets and $138,187,943 in total
debts.


ACCEPTANCE INSURANCE: Earns $624,338 in Month Ended January 2008
----------------------------------------------------------------
Acceptance Insurance Companies Inc. filed its monthly operating
report for January 2008 with the United States Bankruptcy Court
for the District of Nebraska on Jan. 31, 2008.

The Debtor reported a net income of $624,338 and revenue of
$3,941 for the month ended Jan. 31, 2008.  The company generated
$476,849 equity in operating earnings of A.I.C. during the month
of January 2008, which boosted its income.

At Jan. 31, 2008, Acceptance Insurance Companies Inc.'s balance
sheet showed:

        Total Current Assets                    $1,257,981
        Total Assets                           $36,854,531
        Total Liabilities                     $138,181,963
        Total Shareholders' Deficit           $101,327,432

A full-text copy of Acceptance Insurance Companies Inc.'s October
2007 Monthly Operating Report is available at no charge at:

                http://researcharchives.com/t/s?285e

Headquartered in Council Bluffs, Iowa, Acceptance Insurance
Companies, Inc.-- http://www.aicins.com/--owns, either directly
or indirectly, several companies, one of which is an insurance
company that accounts for substantially all of the business
operations and assets of the corporate groups.

The company filed for chapter 11 protection on Jan. 7, 2005
(Bankr. D. Nebr. Case No. 05-80059).  The Debtor's affiliates--
Acceptance Insurance Services, Inc. and American Agrisurance, Inc.
-- each filed chapter 7 petitions (Bankr. D. Nebr. Case Nos.
05-80056 and 05-80058) on Jan. 7, 2005.  John J. Jolley, Esq.,
at Kutak Rock LLP, represents the Debtor in its restructuring
efforts.  Lawyers at McGrath North Mullin & Kratz PC LLO.
represent the the Official Committee of Unsecured Creditors in
Acceptance Insurance's case.  As of December 2007, Debtor listed
$36,326,172 in total assets and $138,187,943 in total debts.


AMERICAN LAFRANCE: Files Initial Monthly Operating Report
---------------------------------------------------------
American LaFrance, LLC filed an initial monthly operating report
on Feb. 19, 2008, containing an operating forecast for the
13-week period ending April 25, 2008.

William Hinz, chief executive officer of American LaFrance,
reports that the company expects to have a negative total net
cash flow of $52,939,582 for the entire 13-week period.  The
company expects to borrow up to $49,939,582 for the same period.

The company also expects to incur reorganization costs totaling
$25,092,991 for the 13-week period commencing on February 1,
2008.

American LaFrance attached to its Initial Monthly Report copies
of its active insurance certificates and evidence of its debtor-
in-possession bank accounts.

A full-text copy of American LaFrance's initial Monthly Operating
Report is available for free at:

               http://ResearchArchives.com/t/s?28a1

                     About American LaFrance

Headquartered in Summerville, South Carolina, American LaFrance
LLC -- http://www.americanlafrance.com/-- is one of the oldest
fire apparatus manufacturers and one of the top six suppliers of
emergency vehicles in North America.  The company filed for
Chapter 11 protection on Jan. 28, 2008 (Bankr. D. Del. Case No.
08-10178).  Ian T. Peck, Esq., and Abigail W. Ottmers, Esq., at
Haynes and Boone LLP, are the Debtor's proposed Lead Counsel.
Christopher A. Ward, Esq., at Klehr, Harrison, Harvey, Branzburg &
Ellers LLP, are the Debtor's proposed local counsel.  In its
schedules of assets and debts filed Feb. 4, 2008, the Debtor
disclosed $188,990,680 in total assets and $89,065,038 in total
debts.

The Debtor's exclusive period to file a plan expires on May 27,
2008.

American LaFrance LLC will pursue a sale of its business
operations in the event that the company's plan of reorganization
is not confirmed.  The Debtor filed its plan of reorganization on
Feb. 3.

(American LaFrance Bankruptcy News, Issue No. 6; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or
215/945-7000).


ASARCO LLC: Files January 2008 Monthly Operating Report
-------------------------------------------------------

                        ASARCO LLC, et al.
                           Balance Sheet
                      As of January 31, 2008

ASSETS
   Current Assets:
   Cash                                           $907,971,000
   Restricted Cash                                  25,368,000
   Accounts receivable, net                        173,716,000
   Inventory                                       305,512,000
   Prepaid expenses                                  5,687,000
   Other current assets                             14,511,000
                                               ---------------
Total Current Assets                             1,432,764,000

Net property, plant and equipment                  469,642,000
Other Assets
   Investments in subs                             101,854,000
   Advances to affiliates                              733,000
   Prepaid pension & retirement plan                         0
   Non-current deferred tax asset                   40,951,000
   Other                                           116,753,000
                                               ---------------
Total assets                                    $2,162,698,000
                                               ===============

LIABILITIES
   Postpetition liabilities:
   Accounts payable                                $52,803,000
   Accrued liabilities                             584,788,000
   Debtor-in-possession financing                            0
                                               ---------------
Total postpetition liabilities                     637,591,000

Prepetition liabilities:
Not subject to compromise - credit                   3,824,000
Not subject to compromise - other                  131,781,000
Advances from affiliates                            24,535,000
Subject to compromise                            1,681,644,000
                                               ---------------
Total prepetition liabilities                    1,841,783,000
                                               ---------------
Total liabilities                               $2,479,374,000
                                               ===============

OWNERS' EQUITY (DEFICIT)

Common stock                                       508,324,000
Additional paid-in capital                         104,578,000
Other comprehensive income                        (262,800,000)
Retained earnings: filing date                  (1,557,131,000
                                               ---------------
Total prepetition owners' equity                (1,207,029,000)
Retained earnings: post-filing date                890,353,000
                                               ---------------
Total owners' equity (net worth)                  (316,676,000)

Total liabilities and owners' equity            $2,162,698,000
                                               ===============

                           ASARCO LLC, et al.
               Consolidated Statement of Operations
                    Month Ended January 31, 2008

Sales                                             $194,833,000
Cost of products and services                      145,616,000
                                               ---------------
Gross profit                                        49,217,000

Operating expenses:
Selling and general & admin expenses                 3,912,000
Depreciation & amortization                          3,127,000
Provision accretion expense of asset
   retirement obligation                               384,000
                                               ---------------
Operating income                                    41,794,000

Interest expense                                        33,000
Interest income                                     (3,326,000)
Reorganization expenses                              7,716,000
Other miscellaneous (income) expenses               (5,278,000)
                                               ---------------
Income (loss) before taxes                          42,650,000
Income taxes                                        16,740,000
                                               ---------------
Net income (loss)                                  $25,910,000
                                               ===============

                           ASARCO LLC, et al.
             Consolidated Cash Receipts & Disbursements
                   Month Ended January 31, 2008

Receipts                                          $160,362,000
Disbursements:
Inventory material                                  74,117,000
Operating disbursements                             75,503,000
Capital expenditures                                 4,533,000
                                               ---------------
Total disbursements                                154,153,000

Operating cash flow                                  6,209,000
Reorganization disbursements                         5,554,000
                                               ---------------
Net cash flow                                          656,000
Net payments to secured Lenders                              0
                                               ---------------
Net change in cash                                     656,000
Beginning cash balance                             932,683,000
                                               ---------------
Ending cash balances                              $933,338,000
                                               ===============

                        About ASARCO

Based in Tucson, Arizona, ASARCO LLC -- http://www.asarco.com/
-- is an integrated copper mining, smelting and refining company.
Grupo Mexico S.A. de C.V. is ASARCO's ultimate parent.  The
Company filed for chapter 11 protection on Aug. 9, 2005 (Bankr.
S.D. Tex. Case No. 05-21207).  James R. Prince, Esq., Jack L.
Kinzie, Esq., and Eric A. Soderlund, Esq., at Baker Botts L.L.P.,
and Nathaniel Peter Holzer, Esq., Shelby A. Jordan, Esq., and
Harlin C. Womble, Esq., at Jordan, Hyden, Womble & Culbreth, P.C.,
represent the Debtor in its restructuring efforts.  Lehman
Brothers Inc. provides the ASARCO with financial advisory services
And investment banking services.  Paul M. Singer, Esq., James C.
McCarroll, Esq., and Derek J. Baker, Esq., at Reed Smith LLP give
legal advice to the Official Committee of Unsecured Creditors and
David J. Beckman at FTI Consulting, Inc., gives financial advisory
services to the Committee.  When the Debtor filed for protection
from its creditors, it listed $600 million in total assets and $1
billion in total debts.

The Debtor has five affiliates that filed for chapter 11
protection on April 11, 2005 (Bankr. S.D. Tex. Case Nos. 05-20521
through 05-20525).  They are Lac d'Amiante Du Quebec Ltee, CAPCO
Pipe Company, Inc., Cement Asbestos Products Company, Lake
Asbestos of Quebec, Ltd., and LAQ Canada, Ltd.  Details about
their asbestos-driven chapter 11 filings have appeared in the
Troubled Company Reporter since Apr. 18, 2005.

Encycle/Texas, Inc. (Bankr. S.D. Tex. Case No. 05-21304), Encycle,
Inc., and ASARCO Consulting, Inc. (Bankr. S.D. Tex. Case No. 05-
21346) also filed for chapter 11 protection, and ASARCO has asked
that the three subsidiary cases be jointly administered with its
chapter 11 case.  On Oct. 24, 2005, Encycle/Texas' case was
converted to a Chapter 7 liquidation proceeding.  The Court
appointed Michael Boudloche as Encycle/Texas, Inc.'s Chapter 7
Trustee.  Michael B. Schmidt, Esq., and John Vardeman, Esq., at
Law Offices of Michael B. Schmidt represent the Chapter 7 Trustee.

ASARCO's affiliates, AR Sacaton LLC, Southern Peru Holdings LLC,
and ASARCO Exploration Company Inc., filed for Chapter 11
protection on Dec. 12, 2006 (Bankr. S.D. Tex. Case No. 06-20774 to
06-20776).

The Court gave the Debtors until April 11, 2008, to file a plan of
reorganization.  (ASARCO Bankruptcy News, Issue No. 67; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or
215/945-7000).


CATHOLIC CHURCH: Davenport Files January 2008 Operating Report
--------------------------------------------------------------

                  Diocese of Davenport in Iowa
                 Statement of Financial Position
                     As of January 31, 2008

ASSETS

Current Assets
   Cash and cash equivalents - unrestricted           $5,643,578
   Cash and cash equivalents - restricted              2,529,911
   Accounts receivable, net                               64,235
   Inventory                                                   -
   Prepaid expenses                                        2,649
   Professional retainers                                 55,652
                                                  --------------
Total Current Assets                                   8,296,024
                                                  --------------
Property and Equipment
   Real Property                                           3,000
   Machinery and equipment                                 6,000
   Furniture and fixtures                                  8,914
   Office equipment                                       59,500
   Leasehold improvements                                      -
   Vehicles                                               45,460
                                                  --------------
Total Property and Equipment                             122,874
                                                  --------------
Total Assets                                          $8,418,898
                                                  ==============

LIABILITIES AND NET ASSETS

Postpetition
   Current Liabilities:
      Salaries and wages                                       -
      Payroll taxes                                            -
      Real and personal property taxes                         -
      Income taxes                                             -
      Sales taxes                                              -
      Notes payable, short term                                -
      Accounts payable, trade                            $22,515
            Real property lease arrearage                      -
            Personal property lease arrearage                  -
      Accrued professional fees                                -
      Current portion of long-term debt                        -
      other:                                                   -
         Pass-through collections                        108,660
         Additional Accrued Vacations                      5,574
         Misc                                                300
                                                  --------------
   Total Current Liabilities                             137,050
                                                  --------------
   Long-Term Postpetition Debt, Net                            -
                                                  --------------
   Total Postpetition Liabilities                        137,050
                                                  --------------
   Prepetition
      Secured claims                                           -
      Priority unsecured claims                          160,888
      General unsecured claims                        13,605,000
                                                  --------------
   Total Prepetition Liabilities                      13,765,888
                                                  --------------
     Total Liabilities                                13,902,938
                                                  --------------
Equity (deficit):
   Retained earnings/(deficit) at filing               5,855,424
   Capital stock                                               -
   Additional paid-in capital                                  -
   Cumulative profit/loss since filing               (11,366,225)
   Post-petition contributions/distributions
      or draws                                                 -
   Market value adjustment                                26,762
                                                  --------------
   Total equity (deficit)                             (5,484,040)
                                                  --------------
Total liabilities & equity (deficit)                  $8,418,898
                                                  ==============


                  Diocese of Davenport in Iowa
                     Statement of Operations
              For the month ending January 31, 2008

Revenues
   Gross sales                                               $91
   Less: sales returns & allowances                            -
   Net sales                                                  91
   Less: cost of goods sold                                    -
   Gross profit                                               91
   Interest                                                3,721
   Other income:                                         359,418
      Charitable gifts                                   174,110
      Insurance receipts                                       -
      Investment income (loss)/fees                      (45,279)
                                                  --------------
   Total revenues                                        492,061
                                                  --------------
Expenses:
   Compensation to owner(s)/officer(s)                    12,209
   Salaries                                              106,442
   Commissions                                                 -
   Contract labor                                          5,356
   Rent/Lease:
      Personal property                                      100
      Real property                                            -
   Insurance                                              47,477
   Management fees                                             -
   Depreciation                                            2,105
   Taxes:
      Employer payroll taxes                               6,702
      Real property taxes                                      -
      Other taxes                                              -
   Other selling                                               -
   Other administrative                                   29,393
   Interest                                                    -
   Other expenses:
      Employee benefits                                   26,163
      Charity collection                                   2,791
      Medical assistance/Victim assistance                   389
      Utilities                                           12,398
      Transfer to unrestricted                                 -
      Professional fees                                        -
      Sabbatical                                               -
      Cemetery perpetual care                                  -
      Youth trip expenses                                      -
                                                  --------------
         Total expenses                                  251,525
                                                  --------------
   Reorganization items:
      Professional fees                                        -
      Estimate of claims payments                              -
      Interest earned on accumulated cash
         from resulting Chapter 11 case                   18,798
      Gain or (Loss) from sale of equipment                    -
      U.S. Trustee quarterly fees                         (5,000)
      Advertising/printing/mailing                             -
                                                  --------------
         Total reorganization items                       13,798
                                                  --------------
Net profit (loss) before federal &
   state taxes                                           254,333
Federal & state income taxes                                   -
                                                  --------------
Net profit (loss)                                       $254,333
                                                  ==============


                  Diocese of Davenport in Iowa
          Statement of Cash Receipts and Disbursements
              For the month ending January 31, 2008

Cash receipts
   Rent/Leases collected                                  $2,700
   Cash received from sales                                   91
   Interest received                                      22,519
   Borrowings increase in accounts payable                     -
   Funds from shareholders, partners,
      or other insiders (Sale of property)                     -
   Capital contributions                                       -
   Annual diocesan appeal/donations                      359,418
   Investment income/misc.                                     -
   Insurance receipts                                    174,110
   Tribunal/Immigration/Faith Formation fees/
      Investment gains/(losses)                          (47,979)
   Decrease in prepaids/accounts receivable               56,364
   Misc./Increase in accounts payable                     38,893
                                                  --------------
   Total Cash Receipts                                   606,116

Cash disbursements:
   Payments for inventory                                      -
   Selling                                                     -
   Administrative                                         42,170
   Capital expenditures                                        -
   Principal payments on debt                                  -
   Interest paid                                               -
   Rent/Lease:
      Personal Property                                      100
      Real Property                                            -
   Amount paid to owner(s)/officer(s)
      Salaries                                            12,209
      Draws                                                    -
      Commissions/Royalties                                    -
      Expense Reimbursements                                 370
      Other                                                    -
   Salaries/Commissions (less employee withholding        82,646
   Management fees                                             -
   Taxes
      Employee withholding                                23,796
      Employer payroll taxes                               6,702
      Real property taxes                                      -
      Other taxes                                              -
   Other cash outflows:
      Insurance                                           47,477
      Utilities                                           12,398
      Medical Assistance                                     389
      Employee benefits                                   26,163
      Misc                                                     -
                                                  --------------
   Total Cash Disbursements                              254,420
                                                  --------------
Net increase (decrease) in cash                          351,696

Cash balance, beginning of period                      1,766,712
                                                  --------------
Cash balance, end of period                           $2,118,408
                                                  ==============

                    About Diocese of Davenport

The Diocese of Davenport in Iowa filed for chapter 11 protection
(Bankr. S.D. Ia. Case No. 06-02229) on Oct. 10, 2006.  Richard A.
Davidson, Esq., at Lane & Waterman LLP, represents the Davenport
Diocese in its restructuring efforts.  Hamid R. Rafatjoo, Esq.,
and Gillian M. Brown, Esq., at Pachulski Stang Zhiel Young Jones &
Weintraub LLP represent the Official Committee of Unsecured
Creditors.  In its schedules of assets and liabilities, the
Davenport Diocese reported $4,492,809 in assets and $1,650,439 in
liabilities.  The Court will hear the adequacy of Davenport's
disclosure statement explaining its reorganization plan on
March 5, 2008.  (Catholic Church Bankruptcy News, Issue No. 115;
Bankruptcy Creditors' Service Inc.; http://bankrupt.com/newsstand/
or 215/945-7000).


FORTUNOFF: Submits Schedules of Assets and Liabilities
------------------------------------------------------
Fortunoff Fine Jewelry and Silverware LLC submitted to the U.S.
Bankruptcy Court for the Southern District of New York its
schedules of assets and liabilities, disclosing:

A.     Real Property                                         $0

B.     Personal Property
B.2    Financial Accounts
          Bank of America - operating acct.             380,688
          Bank of America - payroll acct.               400,703

B.16   Accounts Receivable
          American Express                            1,306,047
          Alliance Data                               1,241,762
          Master Visa                                 1,175,414
          Co-Brand Visa                                 142,550
          Master Visa Paytech                            90,529
          Discover                                       79,234

B.22   Intellectual Property                       Undetermined

B.35   Other Personal Property
          Credit Memo
             Nautica Watches                              9,131
             Sh Harris                                    7,950
             Siman-Tov Bros. Import C                     4,443
             Sunstone, Inc.                               3,642
             Tasaki U.S.A., Inc.                          2,659
             Tecnigold                                   15,497
             Timex Corp                                   4,064
             Tommy Hilfiger                               8,665
             Toy Watch U.S.A.                             5,280
             Tri-Gem Industries                           1,600
             Visconti                                     1,230
             Gem Sensations, Inc.                         6,125
             Geneva Watch Co., Inc.                       5,020
             Golan - Goldex                              21,289
             Gold Couture Designer Je                     5,031
             Hong Kong Jade                              15,302
             Byworth                                     44,000
             Dehago                                      14,585
             Elini Designs, Corp.                        10,839
             Others                                      49,036

       TOTAL SCHEDULED ASSETS                        $5,052,315
       ========================================================

C.     Property Claimed as Exempt                          None

D.     Secured Claims
          Bank of America                           $90,000,000
          Trimaran                                   12,750,000
          M. Fortunoff of Westbury, Corp.             1,760,000
          M&T Credit Corp.                            1,100,000
          KG Source Debt Investors                      250,000

E.     Unsecured Priority Claims                              0

F.     Unsecured Nonpriority Claims
F.1    Trade payables, Insurance, & Utilities
             William Levine, Inc.                       569,229
             Waldman Diamonds Complet                   581,552
             The Plaza Group                            201,304
             Suresh                                     210,570
             Sunny Creations                            236,145
             Star Asia, Inc.                            529,769
             Somerset                                   480,542
             Seville Watch Corp.                        246,530
             Royal Claim, Inc.                          424,318
             Rama Manuf. Co. Inc.                       540,471
             Rado Watch Co.                             255,445
             Quality Color Design, Inc.                 254,222
             Podicko Diamonds                           221,786
             O.J.M.                                     236,992
             Nelson                                     246,515
             Movado Watch Corp.                         413,830
             Monte Carlo Designs                        321,230
             Michele Watches                            215,177
             Michael Werdiger                           347,479
             Martin Flyer, Inc.                         669,630
             M.C.R. Trading Co.                         570,892
             Lorenzo                                    295,049
             Lazare Kaplan                              339,748
             Kama                                       810,866
             J.R. Gold Designs, Ltd.                    231,146
             I.B. Goodman Co., Inc.                     280,091
             Heuer-Time & Elect Corp.                   535,410
             Goldmart                                   369,580
             Ebel USA, Inc.                             328,676
             Disons Gems, Inc.                          593,137
             Christopher Designs, Inc.                  312,353
             Breitling USA, Inc.                        340,203
             Baume & Mercier                            456,662
             Armin Meizlik Diamonds                     368,141
             Others                                  17,729,258

F.2    Litigation                                  Undetermined

F.3    Surety Bonds                                       3,000

       TOTAL SCHEDULED LIABILITIES                 $136,626,948
       ========================================================

A complete list of Fine Jewelry's creditors holding unsecured
nonpriority claims is available at
http://bankrupt.com/misc/UnsecuredCreditorsFortunoff.pdf

                        About Fortunoff

New York-based Fortunoff Fine Jewelry and Silverware LLC --
http://www.fortunoff.com/-- is a family owned business since
1922 founded by by Max and Clara Fortunoff.  Fortunoff offers
customers fine jewelry and watches, antique jewelry and silver,
everything for the table, fine gifts, home furnishings including
bedroom and bath, fireplace furnishings, housewares, and seasonal
shops including outdoor furniture shop in summer and enchanting
Christmas Store in the winter.  It opened some 20 satellite
stores in the New Jersey, Long Island, Connecticut and
Pennsylvania markets featuring outdoor furniture and grills
during the Spring/Summer season and indoor furniture (and in some
locations Christmas trees and decor) in the Fall/Winter season.

Fortunoff and two affiliates, M. Fortunoff of Westbury LLC and
Source Financing Corp., filed for chapter 11 petition on Feb. 4,
2008 (Bankr. S.D.N.Y. Case Nos. 08-10353 through 08-10355) in
order to effectuate a sale to NRDC Equity Partners LLC, --
http://www.nrdcequity.com/-- a private equity firm that owns
of Lord & Taylor from Federated Department Stores.

Due to the U.S. Trustee's objection, Fortunoff is backing out of
its request to employ Skadden Arps Meagher & Flom LLC, as
bankruptcy counsel.  Fortunoff is hiring Togut Segal & Segal LLP,
as their general bankruptcy counsel, but Skadden Arps will
continue to serve the Debtors as special counsel in connection
with the sale the Debtors' assets.  Logan & Company, Inc., serves
as the Debtors' claims, noticing, and balloting agent.  FTI
Consulting Inc. are the Debtors' proposed crisis manager.

An Official Committee of Unsecured Creditors has been appointed in
this case.

When the Debtors filed for bankruptcy, they listed assets and
debts between $100 million to $500 million.  The Debtors'
exclusive period to file a plan of reorganization ends on June 3,
2008.  (Fortunoff Bankruptcy News, Issue No. 6; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or
215/945-7000)


FORTUNOFF: Source Financing Files Schedules of Assets and Debts
---------------------------------------------------------------
Source Financing Corp., a debtor-affiliate of Fortunoff Fine
Jewelry and Silverware LLC, submitted to the U.S. Bankruptcy Court
for the Southern District of New York its schedules of assets and
liabilities, disclosing:

A.     Real Property                                         $0

B.     Personal Property

B.1    Cash on hand
          70 Charles Linbergh Store                         100
          1300 Old Country Store                          2,000
          70 Charles Linbergh Store                       1,630
          3321 Brunswick Store                            1,000
          3 West Store                                   25,306
          150 Route Store                                 6,782
          Paramus Park Mall                              47,015
          250 Wayne Towne Center                        128,970
          1300 Old Country Store                        293,787
          1 Maple Store                                  87,849
          Woddridge Town Center                          45,979
          750 Zeckendorf Store                            2,800

B.3    Security Deposits
          ADT Security Service 8365                       1,147
          ADT Security Service Inc.                       2,663
          AIG                                             4,843
          Allen Systems Group, Inc.                       1,317
          Attunity                                          750
          Careerbuilder, LLC.                             5,625
          Careerbuilder, LLC.                             4,213
          Careerbuilder, LLC.                            12,640
          Dell Equipment Lease                           30,406
          El-Kam Equipment Realty Co.                   325,000
          Embaracedero Technologies Inc.                  5,464
          Federal Insurance Co.                         142,893
          FTI Consulting                                450,000
          Hudd Distribution Service                      95,331
          Imprest Dental Plan                            28,000
          Inland Mid Atlantic Management                 20,427
          Jordache                                       19,704
          Kronos                                          7,885
          Liebert Global Services                         2,103
          Liezell Associates                             12,000
          Locust Grove Plaza LLC                         15,000
          Logan & Company, Inc.                          25,000
          Marsh USA                                     134,750
          New Plan Excel Realty Trust                    25,000
          Now Solutions                                   6,667
          Numara Software, Inc.                           3,193
          Progressive Casualty Insurance                 10,000
          Rubenstein Public Relations                    25,000
          Skadden, Arps, Slate, Meagher & Flom LLP    1,203,117
          Surf Control, Inc.                              1,863
          T.M. Bier Associates, Inc.                        709
          T.M. Bier Associates, Inc.                        709
          Tanurb Marlton LP                              25,000
          The Ergonomic Group                            10,559
          US Postmaster                                   2,049
          US Postmaster                                   1,358
          US Postmaster                                 167,310
          US Postmaster                                   4,488
          US Postmaster                                   3,061
          US Postmaster                                   2,989
          WRD Melville LLC                               82,420

B.5    Collectibles                                Undetermined

B.9    Interests in Insurance Policies             Undetermined

B.16   Accounts Receivable                             $717,302

B.18   Other Liquidated Debts
          NYS Corporation Tax                             5,512
          State of New Jersey                           111,966

B.22   Intellectual Property
          All intellectual property
          information is listed on Schedules of
          Assets and Liabilities for Fortunoff
          Fine Jewelry and Silverware, LLC.

B.23   Licenses, franchises and
       other general intangibles                   Undetermined

B.28   Office equipment, furnishings and supplies
          Store Fixtures -- 57th St.                    242,744
          Demo/construction - Melville                  115,577
          Slat wall units & cubes                       282,939
           for Christmas mdse.
          Opening Balance                               417,822
          Opening Balance                               341,951
          Opening Balance                               356,308
          Locks for coat cables in 4W's               1,068,666
          Opening Balance                               669,188
          Opening Balance                               104,951
          Opening Balance                             2,433,071
          Slat wall units & cubes
            for Christmas mdse.                         187,617
          Opening Balance                               480,364
          Opening Balance                               284,674
          Opening Balance                            12,136,027
          Opening Balance                               276,019
          Others                                        751,783
B.29   Machinery
          Equipment                                   1,214,302
          Equipment- Opening Balance                  2,096,598
          Equipment - Opening Balance                   244,515
          Equipment - Opening Balance                   116,507
          Equipment - Opening Balance                   124,714
          Equipment -  Opening Balance                  221,899
          Equipment - Opening Balance                   436,401
          Equipment -  Opening Balance                  816,571
          Equipment - Opening Balance                   326,944
          Equipment -  Opening Balance                  247,826
          Leasehold Equipments                          894,045
          Leasehold Equipments                          505,405
          Leasehold Equipments                          467,849
          Leasehold Equipments                        6,817,848
          Leasehold Equipments                        1,385,234
          Leasehold Equipments                        1,933,176
          Leasehold Equipments                       11,285,984
          Leasehold Equipments                        2,741,671
          Leasehold Equipments                          283,181
          Leasehold Equipments                          228,903
          Leasehold Equipments                          514,600
          Leasehold Equipments                          106,170
          Leasehold Equipments                          112,131
          Others                                      2,082,471
B.30   Inventory -- Merchandise                      94,688,562

B.35   Other Personal Property -- Credit Memo           236,242

       TOTAL SCHEDULED ASSETS                      $154,680,100
       ========================================================

D.     Secured Claim                               $108,500,000
         Bank of America                             90,000,000
         Trimaran                                    12,750,000
         M. Fortunoff of Westbury, Corp.              2,640,000
         Fortunoff Fine Jewelry and Silverware        1,760,000
         M&T Credit Corporation                       1,100,000
         KG Source Debt Investors                       250,000

E.     Unsecured Priority Claims
         Customer Deposits                         Undetermined
         Vacation, severance, and sick leave pay   Undetermined
         Donald X, Clavin, Rec of Taxes            Undetermined
         Boro of Paramus                           Undetermined
         NYC Dept of Finance                       Undetermined
         IRS                                       Undetermined
         NYS Dept of Finance & Taxation            Undetermined
         State of New Jersy                        Undetermined
         Pennsylvania Department of Revenue        Undetermined
         Delaware Secretary of State               Undetermined

F.    Unsecured Nonpriority Claims
       Trade payables
         Michael Werdiger                             1,735,295
         Arandell Corporation                         1,396,098
         Assael Int'l                                   744,145
         Basette Mirror Co Inc                          300,896
         Christopher Designs                            333,589
         Croscill Curtain Co., Inc.                     493,484
         D'Annunzio                                     416,320
         De Coro Usa, Ltd.                              411,110
         Dejah Enterprises                              570,081
         Delonghi-American Inc.                         222,460
         Dimplex North America Ltd.                     407,010
         Dov Schwartz                                   570,965
         E&E Co., Ltd.                                  285,435
         E.Lee Martin                                   907,760
         Elite Home Products, Inc.                      297,856
         Everything Outdoor Media                       233,230
         Graphic Communications                         900,977
         Hanover Warehouse                              766,674
         Hooker Furniture Corp.                         264,507
         Howard Miller                                  267,736
         HTL Mfg Pte Ltd                                167,924
         Intelligencer Printing Company                 625,781
         Irwin Slater LLC                               349,366
         Keiht Lapinski, Inc.                           240,702
         Kellermeyer Building Services                  277,917
         Kitchen Aids, Inc.                             217,819
         Lamorinda/Pandigital                           530,100
         Lapine Associates                              156,439
         Leo Schachter/Rama                             176,366
         Lifetime Brands, Inc.                          256,501
         Lladro U.S.A., Inc.                            249,394
         Marke Communications, Inc.                     232,160
         Martin Flyer                                   358,673
         Mill Supply Division/Halsey                    280,234
         New York Interconnect                          248,816
         Newsday, Inc.                                  482,600
         Niwa Studio, Inc.                              279,820
         Nourison Rug Corporation                       515,561
         Paramount Fixtures Sales Corp                  260,940
         Phoenix Down Corp.                             448,690
         Pride Family Brands                            426,252
         Simmons Manufacturing Co LLC                   233,408
         Skadden, Arps, Slate Meagher                   392,818
         Star Ledger                                    290,650
         Swarovski North America Ltd.                   213,379
         Tara & Sons                                    362,266
         Trans-Globe Lighting                           254,532
         Vera Bradley Designs, Inc.                     298,132
         Verstanding                                    323,559
         Wabc-Tv, Inc.                                  357,340
         Weber Stephens Products                        850,999
         Wm. Levine                                     320,387
         Allstate Floral & Craft Inc.                   137,764
         Bardwill                                       108,036
         Benson Mills                                   124,844
         Bernard Hodes Group                            113,951
         Canadel Furniture                              179,889
         Carole Fabrics                                 103,964
         Checker Glass Corporation                      105,489
         Chef'N                                         129,274
         Christopher Radko                              107,856
         Cuisinart/Conair Corp                          181,710
         Ellison 1St Asia LLC                           113,576
         Estex/Dynamite Decorators                      148,175
         Fortunoff Fine Jewelry & Silverware, Inc.      113,839
         Fortunoff Fine Jewelry & Silverware, Inc.      191,129
         Fry, Inc                                       121,037
         Gannett Nj Newspapers                          153,527
         Gemelody                                       139,050
         Hellmuth                                       111,287
         HWI Metro                                      101,325
         Kurt S. Adler, Inc.                            170,691
         Leo Schachter/Rama                             176,366
         Lionell, LLC                                   123,327
         Lunt Silversmiths                              121,471
         M. Block And Sons, Inc.                        107,298
         Mark Roberts                                   110,564
         Mikam Graphics, LLC                            163,884
         Mud Pie                                        122,619
         NBC Universal CFS                              143,055
         Next Management Co.                            131,860
         Nikko Ceramics Inc                             167,809
         North Jersey Media Group Inc.                  136,798
         Oxo Int L Ltd                                  111,311
         Penny Saver                                    104,751
         Podicko Diamonds                               188,311
         Reed & Barton                                  197,538
         Robinsons & Robinsons Inc.                     150,937
         Solo Furniture                                 124,177
         Stein World Inc.                               181,175
         Time Warner Cable Media Sales                  100,194
         Toy.An Advertising Agency, LLC                 106,720
         Twin Star International                        116,170
         United Parcel Service 159145                   179,213
         Veratex, Inc.                                  152,855
         Wedgewood U.S.A. Inc                           183,074
         Wnyw-Fox Television Stations                   123,420
         Wustthof-Trident Of America                    127,631
         Addy Home Fashions                              88,535
         All Clad Metalcrafters LLC                      90,232
         Amer. Pacific Ent., Inc.                        93,981
         Blue Bell Mattress Co. Inc                      88,808
         Bulbtronics                                     65,884
         Calphalon Corp                                  98,014
         Chimes, Inc.                                    89,520
         Classic Cushions & Umbrellas                    89,270
         Continental                                     60,486
         House of Murat Inc.                             80,000
         David Byworth                                   86,350
         Debra Kaplan                                    88,657
         E.A.R. Framing Co, Inc.                         84,664
         Eagle Box Co. Inc                               84,511
         Epstein Becker & Green, P.C.                    94,383
         Gift Box Corporation                            83,876
         Home Fashions International                     89,139
         Jordan Manufacturing Co.                        70,662
         Lenox                                           94,956
         Lifestyle California                            65,984
         Modern Marketing Concepts                       99,273
         Nelson                                          78,557
         Old Towne Window Works                          63,719
         Polaris Software Lab.                           72,084
         Ricci Argentieri                                63,207
         Roman Inc                                       75,585
         Rowenta                                         71,001
         Safilo Group                                    70,726
         Scott Keating Design                            63,515
         Southern Ct. Newsaper, Inc.                     83,650
         Staples Business Advantage                      80,879
         Stylecraft Home Collection                      93,395
         Tempur-Pedic                                    69,525
         The Memory Company                              84,808
         The Royal China                                 62,616
         Travelpro/Eiffel Design, Inc.                   64,533
         Trayton Furniture                               78,290
         United parcel Service E14-001                   60,548
         Villeroy And Boch                               95,171
         Welspun Usa Inc                                 92,518
         Workflow One                                    80,864
         Zwilling Ja Henckels LLC                        65,344
         10 Strawberry Street                            44,749
         3 Boys, Inc.                                    50,000
         Ambience                                        43,009
         Amin Co. Inc                                    59,691
         Bargoose Home Textile                           49,467
         Bicor                                           38,497
         Borax paper Products, Inc.                      58,841
         Callydus Group LLC                              34,001
         Charles Krypell                                 31,659
         Clear Channel Broadcast. Z100                   34,680
         Colibri Group                                   50,178
         Concord Candle Corporation                      37,881
         Commonwealth Home Fashions                      48,948
         D&H Distributing Co                             52,213
         Defehr Furniture Ltd                            34,973
         Design Institute America                        37,534
         Duff & Phelps                                   35,000
         Ellery Homestyles LLC                           50,444
         Encore Home Entertainment                       42,780
         Euro Pearls                                     30,180
         Evergreen Enterprises, Inc.                     46,588
         Gaines Mfg Inc.                                 53,558
         Gki/Bethlehem Lighting                          31,230
         Guidecraft USA                                  33,006
         Hammary                                         58,616
         Haviland (USA) Inc.                             38,118
         Homedics, Inc.                                  45,792
         Hong Kong Jade Traders                          59,100
         Howard Elliot Collection                        38,016
         Hudd Distribution Services, Inc                 47,492
         Imax World-Wide Imports                         51,554
         International Development Corp                  46,412
         International Fine Fabrics Inc                  31,286
         J & S Housewares Corp.                          36,495
         Jarden Consumer Solutions                       43,028
         Julius Klein                                    59,687
         K & K Interiors Corp.                           33,635
         Kas Oriental Rugs, Inc.                         52,003
         Kassatex Inc                                    43,129
         Next Management Co.                             31,860
         Kichler Lighting                                35,790
         Krups North America, Inc.                       38,038
         L.I. Locksmith & Alarm Co. Inc.                 33,516
         Le Creuset Of America Inc                       33,965
         Linden Design Furniture                         41,555
         Lion Ribbon Company, Inc.                       34,543
         Lipa Id #0636-8001-00-1                         53,570
         M. Rothman & Co., Inc.                          35,152
         Management Recruiters Of                        39,000
         Marlin Art                                      35,978
         Marueen Bennett                                 59,677
         Max Home                                        48,731
         Mc Kay Custom Products                          40,780
         Mercer                                          48,333
         Michele Bontempo-Saray                          39,698
         Midwest Of Cannon Falls                         37,237
         Modus Furniture                                 39,173
         Mohawk Rugs & Textiles                          36,066
         Nassau County Public Utility A                  46,864
         NCR Corporatism                                 43,258
         Nespresso USA , Inc.                            39,625
         Nextell 151420110                               43,133
         Olivet International Inc.                       42,408
         Oriental Weavers USA Inc.                       43,802
         Orrefors Kosta Boda Inc                         50,847
         Pacific Coast Home Furn. Inc.                   55,688
         Pacific Fit Ind Inc                             43,532
         Philip Reinsch Company                          48,957
         Prudential                                      54,223
         Pyramid Floor Covering, Inc.                    37,768
         Reed & Barton                                   49,906
         Ritone Jewelry                                  42,864
         Sc Sports                                       40,654
         Serta Mattress Co                               39,109
         1010 Wins                                       28,590
         A.L. Ellis Inc.                                 29,744
         Account Tempts                                  25,248
         Ambiance Collections                            21,110
         American Drew                                   26,005
         American Express                                25,844
         Argento Sc By Sicura Inc.                       22,205
         Ashleigh Manor                                  28,983
         Autore                                          29,290
         Avante Linens Inc.                              27,495
         Aviv Judaica Imports, Ltd                       21,313
         Bocova Guild Ltd                                20,892
         Beatriz Ball Collection                         28,096
         Benchmark                                       26,861
         Cambridge Silversmiths Ltd                      27,360
         Carole Jeby Associates                          23,000
         Clark Designs, Inc.                             26,034
         Claritas Inc.                                   25,000
         County Energy Services                          20,000
         Coyne'S, Inc.                                   21,970
         Craftmaster                                     21,930
         Cross Fire & Security                           22,500
         Eli Sadeh                                       23,513
         Empire Silver Co                                26,768
         Eureka Manufacturing Co., Inc.                  29,936
         Excalibur Electronics, Inc.                     29,094
         Fortunoff Fine Jewelry & Silverware, Inc.       26,505
         Gem Shapes                                      26,327
         Hewlett-Packard Company                         29,192
         Holiday Image, Inc.                             24,404
         International Playthings, Inc.                  25,894
         Isi Fishzang                                    21,475
         Italian Marble Furn. Corp.                      26,490
         Jamaica Ash 6438                                22,160
         Mayo Studios, Inc.                              23,979
         Jomark Photographic & Digital                   24,325
         Jwin Electronics Corp.                          27,055
         Keenpac N.A. Ltd - Nj                           26,641
         Lipper Int'L                                    23,083
         Lloyd/Flanders                                  25,895
         Louisville Bedding Co                           24,106
         Malden Int'l Designs                            23,145
         Meco Corporation                                21,932
         Michael Aram, Inc.                              24,919
         Modell                                          27,555
         Momeni                                          20,873
         Najarian Furniture Co., Inc.                    24,025
         Namco America, Inc.                             21,800
         Ne'Qwa Art                                      21,564
         North Am Enclosures Inc                         24,206
         Pacific Coaster Feather Co.                     23,305
         Pbc International, Inc                          28,897
         Philadelphia Newspapers LLC                     29,092
         Pinestone Furniture                             27,566
         Portmeirion USA                                 29,058
         Prawda Gola                                     26,822
         Others                                      17,253,590
       Litigation
        Atas V. Fortunoff                          Undetermined
        Devine v. Fortunoff                        Undetermined
          Shopping Centre, et. al.
        Estate of McDew v. Fortunoff               Undetermined
        Robinson v. Fortunoff, Inc.                Undetermined
          Syratech Corp. and Syroco,
        Tawfik v. Fortunoff                        Undetermined
        Visco v. Fortunoff                         Undetermined

       Gift cards & gift certificates                14,726,387

       TOTAL LIABILITIES                           $176,961,631
       ========================================================

Source Financing said in its statement of assets and liabilities
that accounts receivable total $717,302, but computation of the
entries posted by the Debtors provide that the accounts
receivable total $827,474:

          Party                                         Amount
          -----                                         ------
          AHRC                                           7,303
          American Express                             706,038
          Andrea Fortunoff                               3,962
          David Fortunoff                                1,677
          Digiorgio Corp.                               11,998
          Elliot Mayrock                                 3,077
          GC.COM                                        17,325
          Helene Fortunoff                                 534
          Incentone                                      4,250
          James Paduano                                 34,900
          Joel Kier                                     18,659
          Louis Kier                                     5,425
          Natexis Bleischroeder                            144
          R. DioGuardi                                   2,080
          Robert Benvenuto                               2,039
          Ruht Fortunoff                                 1,809
          Trimaran                                       6,254

                        About Fortunoff

New York-based Fortunoff Fine Jewelry and Silverware LLC --
http://www.fortunoff.com/-- is a family owned business since
1922 founded by by Max and Clara Fortunoff.  Fortunoff offers
customers fine jewelry and watches, antique jewelry and silver,
everything for the table, fine gifts, home furnishings including
bedroom and bath, fireplace furnishings, housewares, and seasonal
shops including outdoor furniture shop in summer and enchanting
Christmas Store in the winter.  It opened some 20 satellite
stores in the New Jersey, Long Island, Connecticut and
Pennsylvania markets featuring outdoor furniture and grills
during the Spring/Summer season and indoor furniture (and in some
locations Christmas trees and decor) in the Fall/Winter season.

Fortunoff and two affiliates, M. Fortunoff of Westbury LLC and
Source Financing Corp., filed for chapter 11 petition on Feb. 4,
2008 (Bankr. S.D.N.Y. Case Nos. 08-10353 through 08-10355) in
order to effectuate a sale to NRDC Equity Partners LLC, --
http://www.nrdcequity.com/-- a private equity firm that owns
of Lord & Taylor from Federated Department Stores.

Due to the U.S. Trustee's objection, Fortunoff is backing out of
its request to employ Skadden Arps Meagher & Flom LLC, as
bankruptcy counsel.  Fortunoff is hiring Togut Segal & Segal LLP,
as their general bankruptcy counsel, but Skadden Arps will
continue to serve the Debtors as special counsel in connection
with the sale the Debtors' assets.  Logan & Company, Inc., serves
as the Debtors' claims, noticing, and balloting agent.  FTI
Consulting Inc. are the Debtors' proposed crisis manager.

An Official Committee of Unsecured Creditors has been appointed in
this case.

When the Debtors filed for bankruptcy, they listed assets and
debts between $100 million to $500 million.  The Debtors'
exclusive period to file a plan of reorganization ends on June 3,
2008.  (Fortunoff Bankruptcy News, Issue No. 6; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or
215/945-7000)


FORTUNOFF: Westbury Unit Files Schedules of Assets & Debts
----------------------------------------------------------
M. Fortunoff of Westbury LLC, a debtor-affiliate of  Fortunoff
Fine Jewelry and Silverware LLC, submitted to the U.S. Bankruptcy
Court for the Southern District of New York its schedules of
assets and liabilities, disclosing:

A.     Real Property                                         $0

B.     Personal Property
B.2    Financial Accounts
          Bank of America - operating acct.              38,929
          Bank of America - payroll acct.                 1,487

B.16   Accounts Receivable
          American Express                            1,334,287
          Alliance Data                               2,143,033
          Master Visa                                 2,009,490
          Co-Brand Visa                                 179,919
          Master Visa Paytech                           193,095
          Discover                                      137,863

B.22   Intellectual Property                                  0

B.35   Other Personal Property
          Credit Memo
             Decra Lite                                 251,085
             Di Berardino                                 2,167
             Fortunoff Fine Jewel                         4,398
             Incanto Divani                                  15
             International Fine F                            47
             Professional Sales A                           552
             Silk Creations                                 345
             U.S. Treasury                                4,242

       TOTAL SCHEDULED ASSETS                        $6,300,955
       ========================================================

C.     Property Claimed as Exempt                          None

D.     Secured Claims
          Bank of America                           $90,000,000
          Trimaran                                   12,750,000
          M. Fortunoff of Westbury, Corp.             1,760,000
          M&T Credit Corp.                            1,100,000
          KG Source Debt Investors                      250,000

E.     Unsecured Priority Claims                              0

F.     Unsecured Nonpriority Claims
F.1    Trade payables, Insurance, & Utilities
             Agio International                       5,029,774
             Agio Int'l/Shian                           425,863
             Cast Classics                              316,965
             Commonwealth                               769,412
             Erwin & Sons                               310,416
             Haramint Corporation                       378,013
             Legacy Furniture                           406,602
             Ningbo Orient Leisure                      235,314
             Precision Enterprise                       155,374
             Santa's Best                               359,490
             Scancom                                    280,782
             Stein World                                640,418
             Sun Garden                                 436,572
             Sunjoy                                     140,642
             Treasure Garden                            574,768
             UPS Supply Chain                           923,456
             Woodworth Wooden, Inc.                     225,378
             Yotrio International                       404,623
             Others                                   2,111,926

F.2    Litigation                                  Undetermined

     TOTAL SCHEDULED LIABILITIES                   $119,985,788
     ==========================================================

                        About Fortunoff

New York-based Fortunoff Fine Jewelry and Silverware LLC --
http://www.fortunoff.com/-- is a family owned business since
1922 founded by by Max and Clara Fortunoff.  Fortunoff offers
customers fine jewelry and watches, antique jewelry and silver,
everything for the table, fine gifts, home furnishings including
bedroom and bath, fireplace furnishings, housewares, and seasonal
shops including outdoor furniture shop in summer and enchanting
Christmas Store in the winter.  It opened some 20 satellite
stores in the New Jersey, Long Island, Connecticut and
Pennsylvania markets featuring outdoor furniture and grills
during the Spring/Summer season and indoor furniture (and in some
locations Christmas trees and decor) in the Fall/Winter season.

Fortunoff and two affiliates, M. Fortunoff of Westbury LLC and
Source Financing Corp., filed for chapter 11 petition on Feb. 4,
2008 (Bankr. S.D.N.Y. Case Nos. 08-10353 through 08-10355) in
order to effectuate a sale to NRDC Equity Partners LLC, --
http://www.nrdcequity.com/-- a private equity firm that owns
of Lord & Taylor from Federated Department Stores.

Due to the U.S. Trustee's objection, Fortunoff is backing out of
its request to employ Skadden Arps Meagher & Flom LLC, as
bankruptcy counsel.  Fortunoff is hiring Togut Segal & Segal LLP,
as their general bankruptcy counsel, but Skadden Arps will
continue to serve the Debtors as special counsel in connection
with the sale the Debtors' assets.  Logan & Company, Inc., serves
as the Debtors' claims, noticing, and balloting agent.  FTI
Consulting Inc. are the Debtors' proposed crisis manager.

An Official Committee of Unsecured Creditors has been appointed in
this case.

When the Debtors filed for bankruptcy, they listed assets and
debts between $100 million to $500 million.  The Debtors'
exclusive period to file a plan of reorganization ends on June 3,
2008.  (Fortunoff Bankruptcy News, Issue No. 6; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or
215/945-7000)


INTERSTATE BAKERIES: Posts $20MM Net Loss for Month Ended Jan. 12
-----------------------------------------------------------------

         Interstate Bakeries Corporation and Subsidiaries
          Unaudited Consolidated Monthly Operating Report
                Four Weeks Ended January 12, 2008

REVENUE

Gross Income                                        $187,443,095
Less Cost of Goods Sold
   Ingredients, Packaging & Outside Purchasing        51,133,855
   Direct & Indirect Labor                            33,321,291
   Overhead & Production Administration               10,507,503
                                                   -------------
      Total Cost of Goods Sold                        94,962,649
                                                   -------------
          Gross Profit                                92,480,446
                                                   -------------
OPERATING EXPENSES

Owner-Draws/Salaries                                           -
Selling & Delivery Employee Salaries                  44,953,052
Advertising and Marketing                              2,911,630
Insurance (Property, Casualty, & Medical)             11,144,414
Payroll Taxes                                          3,939,546
Lease and Rent                                         2,844,834
Telephone and Utilities                                1,465,118
Corporate Expense (Including Salaries)                 7,257,400
Other Expenses                                        28,331,016
                                                   -------------
     Total Operating Expenses                        102,847,010
                                                   -------------
EBITDA                                               (10,366,564)

Restructuring & Reorganization Charges                 1,158,106
Depreciation and Amortization                          5,270,506
Abandonment                                              166,809
Property & Equipment Impairment                                -
Other( Income)/Expense                                     7,817
Gain/Loss Sale of Property                                     -
Interest Expense                                       3,562,184
                                                   -------------
     Operating Income (Loss)                         (20,531,986)
Income Tax Expense (Benefit)                            (416,157)
                                                   -------------
NET Income (Loss)                                   ($20,115,829)
                                                   =============
CURRENT ASSETS
   Accounts Receivable at end of period             $124,617,028
   Increase (Dec.) in Accounts Receivable             (3,409,581)
   Inventory at end of period                         52,876,223
   Increase (Decrease) in Inventory for period           291,976
   Cash at end of period                              36,355,154
   Increase (Decrease) in Cash for period            (15,309,091)
   Restricted Cash                                    20,921,729
   Increase (Dec.) in Restricted Cash for period       1,725,995

LIABILITIES
   Increase (Decrease) in Liabilities
     Not Subject to Compromise                         2,458,867
   Increase (Decrease) in Liabilities
      Subject to Compromise                               51,480
   Taxes payable:
      Federal Payroll Taxes                            4,047,645
      State/Local Payroll Taxes                        4,926,395
      State Sales Taxes                                  617,975
      Real Estate and Personal Property Taxes          6,523,221
      Other                                            3,868,283
                                                   -------------
      Total Taxes Payable                            $19,983,519
                                                   =============

                           About IBC

Based in Kansas City, Missouri, Interstate Bakeries Corporation is
a wholesale baker and distributor of fresh-baked bread and sweet
goods, under various national brand names, including Wonder(R),
Baker's Inn(R), Merita(R), Hostess(R) and Drake's(R).  Currently,
IBC employs more than 25,000 people and operates 45 bakeries, as
well as approximately 800 distribution centers and approximately
800 bakery outlets throughout the country.

The company and eight of its subsidiaries and affiliates filed for
chapter 11 protection on Sept. 22, 2004 (Bankr. W.D. Mo. Case No.
04-45814).  J. Eric Ivester, Esq., and Samuel S. Ory, Esq., at
Skadden, Arps, Slate, Meagher & Flom LLP represent the Debtors in
their restructuring efforts.  When the Debtors filed for
protection from their creditors, they listed $1,626,425,000 in
total assets and $1,321,713,000 (excluding the $100,000,000 issue
of 6% senior subordinated convertible notes due Aug. 15, 2014) in
total debts.  The Debtors' filed their Chapter 11 Plan and
Disclosure Statement on Nov. 5, 2007.  Their exclusive period to
file a chapter 11 plan expired on November 8.  On Jan. 25, 2008,
the Debtors filed their First Amended Plan and Disclosure
Statement.  On Jan. 30, 2008, the Debtors received Court approval
of the First Amended Disclosure Statement.

IBC confirmed that it has not received any qualifying alternative
proposals for funding its plan of reorganization in accordance
with the Court-approved alternative proposal procedures.  As a
result, no auction was held on Jan. 22, 2008, as would have been
required under those procedures.  The deadline for submission of
alternative proposals was Jan. 15, 2008.  (Interstate Bakeries
Bankruptcy News, Issue No. 89; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


JOHNSON RUBBER: Posts January 2008 Monthly Net Loss of $449,139
---------------------------------------------------------------
Johnson Rubber Company Inc. filed with the U.S. Bankruptcy Court
for the Northern District of Ohio its monthly operating report for
the month ended Jan. 31, 2008.

For the month ended Jan. 31, 2008, total revenues/sales for the
month were $6,778,277 and net loss was $449,139.

As of Jan. 31, 2008, the Debtor had total assets of $16,804,775,
total postpetition liabilities of $953,558, total secured
liabilities of $16,508,814, total prepetition liabilities of
$7,993,939, and total shareholders' deficit of $8,651,536.

Based on the monthly cash statement of the Debtor, its beginning
balance was $19,316 and ending balance was a negative $15,499.

                      About Johnson Rubber

Headquartered in Middlefield, Ohio, Johnson Rubber Company Inc.--
http://www.johnsonrubber.com/-- designs, develops and
manufactures polymer components.  The company filed for Chapter 11
protection on December 11, 2007 (Bankr. N.D. Ohio Case No. 07-
19391).  The Debtor selected William I Kohn, Esq., at Benesch
Friedlander Coplan & Aronoff LLP, as its counsel.  The U.S.
Trustee for Region 9 has not appointed creditors to serve on an
Official Committee of Unsecured Creditors in the Debtor's case.
When the Debtor filed for protection against its creditors, it
listed total assets at $15,346,607 and total debts at $19,869,931.


LEVITT AND SONS: Delivers Operating Report for January 2008
-----------------------------------------------------------

                        Levitt & Sons, LLC
              Monthly Financial Report for Business
               For the Period January 1 - 30, 2008


Cash, beginning of period                            $3,466,634

Receipts:
  Cash sales                                                  0
  Collection on postpetition A/R                              0
  Collection on prepetition A/R                               0
  Other receipts                                        481,138
                                                 --------------
Total receipts                                          481,138

Total cash available for operations                   3,947,772

Disbursements:
  U.S. Trustee quarterly fees                                 0
  Net payroll                                           139,316
  Payroll taxes paid                                     78,306
  Sales and use taxes                                         0
  Other taxes                                                 0
  Rent                                                        0
  Other leases                                                0
  Telephone                                                   0
  Utilities                                              45,585
  Travel & entertainment                                  5,282
  Vehicle expenses                                            0
  Office supplies                                             0
  Advertising                                                 0
  Insurance                                                   0
  Purchases of fixed assets                                   0
  Purchases of inventory                                      0
  Manufacturing supplies                                      0
  Repairs & maintenance                                       0
  Payments to secured creditors                               0
  Other operating expenses                               83,056
                                                 --------------
Total cash disbursements                                351,545
                                                 --------------
Ending Cash Balance                                  $3,596,227
                                                 ==============

                      About Levitt and Sons

Based in Fort Lauderdale, Florida, Levitt and Sons LLC --
http://www.levittandsons.com/-- is the homebuilding subsidiary of
Levitt Corporation (NYSE:LEV).  Levitt Corp. --
http://www.levittcorporation.com/-- together with its
subsidiaries, operates as a homebuilding and real estate
development company in the southeastern United States.  The
company operates in two divisions, homebuilding and land.  The
homebuilding division primarily develops single and multi-family
homes for adults and families in Florida, Georgia, Tennessee, and
South Carolina.  The land division engages in the development of
master-planned communities in Florida and South Carolina.

Levitt and Sons LLC and 38 of its homebuilding affiliates filed
for Chapter 11 protection on Nov. 9, 2007 (Bankr. S.D. Fla. Lead
Case No. 07-19845).  Paul Singerman, Esq. and Jordi Guso, Esq., at
Berger Singerman, P.A., represent the Debtors in their
restructuring efforts.  The Debtors chose AP Services, LLC as
their crisis managers, and Kurtzman Carson Consultants, LLC as
their claims and noticing agent.  Levitt Corp., the parent
company, is not included in the bankruptcy filing.

The Debtors' latest consolidated financial condition as of
Sept. 30, 2007 reflect total assets of $900,392,000, and total
liabilities of $780,969,000.

The Debtors' exclusive plan filing period expires on March 8,
2008.  (Levitt and Sons Bankruptcy News, Issue No. 15; Bankruptcy
Creditors' Service Inc.; http://bankrupt.com/newsstand/or
215/945-7000)


LEVITZ FURNITURE: Reports $3.9MM Net Loss For Month Ended Feb. 3
----------------------------------------------------------------
Levitz Furniture Inc., nka PVLTZ Inc. delivered to the U.S.
Bankruptcy Court for the Southern District of New York its monthly
operating report for the period ended Feb. 3, 2008.

                           PLVTZ, Inc.
                          Balance Sheet
                      As of February 3, 2008

ASSETS
  Current Assets
  Cash                                            $12,927,000
  Accounts receivable, net                          7,770,000
  Prepaid expenses                                    499,000
                                                 ------------
Total current assets                               21,196,000

Other assets                                        1,476,000
                                                 ------------
  TOTAL ASSETS                                    $22,672,000
                                                 ============

                Liabilities and Shareholders' Equity


Liabilities Not Subject to Compromise
  Current Liabilities:
     Accounts payable trade                        $3,534,000
     Accrued expenses                               9,602,000
     Customer Deposits                              1,500,000
                                                 ------------
     Total current liabilities                     14,636,000

Liabilities Subject to Compromise
   Term loan B                                     22,000,000
   Trade and other miscellaneous claims            47,288,000
   Customer Deposits                                4,939,000
                                                 ------------
   Total                                           74,227,000
                                                 ------------
     TOTAL LIABILITIES                             88,863,000

Shareholder's (deficit):
     Preferred stock                               47,000,000
     Class A Common stock                         139,030,000
     Class B Common stock                          10,000,000
     Retained (deficit)                          (262,221,000)
                                                 ------------
     Shareholder's deficit                        (66,191,000)
                                                 ------------
     TOTAL LIABILITIES & SHAREHOLDERS' DEFICIT    $22,672,000
                                                 ============

                             PLVTZ, Inc.
                        Statement of Operations
            For the period January 7 to February 3, 2008

Selling, operating and                             $1,479,000
   administrative Expenses
Amortization expense                                2,479,000
                                                 ------------
Net (Loss)                                        ($3,958,000)
                                                 ============


                             PLVTZ, Inc.
                        Statement of Cash Flows
            For the period January 7 to February 3, 2008

Cash flows used in operating activities:
  Cash received from customers                     $6,647,000
  Cash received from Sales Agent                   11,940,000
  Cash paid to suppliers and employees            (19,520,000)
                                                 ------------
  Net cash used in operating activities              (933,000)

Net decrease in cash and cash equivalents            (933,000)
Cash and cash equivalents at beginning of month    13,860,000
                                                 ------------
Cash and cash equivalents at end of month         $12,927,000
                                                 ============

Based in New York City, Levitz Furniture Inc., nka PVLTZ Inc. --
http://www.levitz.com/-- is a specialty retailer of furniture,
bedding and home furnishings in the United States.  It has 76
locations in major metropolitan areas, principally in the
Northeast and on the West Coast of the United States.

Levitz Furniture Inc. and 11 affiliates filed for chapter 11 on
Sept. 5, 1997.  In December 2000, the Court confirmed the Debtors'
Plan and Levitz emerged from chapter 11 on February 2001.  Levitz
Home Furnishings Inc. was created as the new holding company as a
result of the emergence.

Levitz Home Furnishings and 12 affiliates filed for chapter 11
protection on Oct. 11, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-
45189).  In their second filing, the Debtors disclosed about
$245 million in total assets and $456 million in total debts.
Nicholas M. Miller, Esq., and Richard H. Engman, Esq., at Jones
Day represented the Debtors.  Jeffrey L. Cohen, Esq., Jay R.
Indyke, Esq., and Cathy Hershcopf, Esq., at Cooley Godward Kronish
LLP served as counsel to the Official Committee of Unsecured
Creditors.  During this period, the Debtors closed around 35
stores in the Northeast, California, Minnesota and Arizona.

PLVTZ Inc., a company created by Prentice Capital Management LP,
and Great American Group purchased substantially all the assets of
Levitz Home Furnishings in December 2005.  Initially, Prentice
owned all of the equity interests in PLVTZ.  On July 6, 2007,
PLVTZ was converted into a Delaware corporation, and Harbinger
Capital Partners Special Situations Fund, LP, Harbinger Capital
Partners Master Fund I, Ltd., and their affiliates became minority
shareholders.  Great American's stake in the acquisition was in
running the going-out-of-business sales for some 27 Levitz units.

PLVTZ, dba Levitz Furniture, continued to face decline in
financial performance since December 2005.  Liquidity issues and
the inability to obtain additional capital prompted PLVTZ to seek
protection under chapter 11 on Nov. 8, 2007 (Bankr. S.D.N.Y. Lead
Case No. 07-13532).  Paul D. Leake, Esq., and Brad B. Erens, Esq.,
at Jones Day represents the Debtors in their restructuring
efforts.  Kurtzman Carson Consultants LLC serves as the Debtors'
claims and noticing agent.  The Debtor's schedules show total
assets of $123,842,190 and total liabilities of $76,421,661.   The
Debtors' exclusive period to file a chapter 11 plan expires on
March 7, 2008.  (Levitz Bankruptcy News, Issue No. 36; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or
215/945-7000).


LTV CORP: Files January 2008 Monthly Operating Report
-----------------------------------------------------
The L.T.V. Corp. and its debtor-affiliates filed with the
United States Bankruptcy Court for the Northern District of Ohio
their monthly unaudited operating report for the period ended
Jan. 31, 2008

As of Jan. 31, 2008, the Debtors' consolidated cash receipts and
disbursements statement reflected total cash receipts of $60,000
and total disbursements of $258,000.  For the month ended Jan. 31,
2008, it reported a beginning cash of $13,556,000 and an ending
cash of $13,358,000.

Headquartered in Cleveland, Ohio, The LTV Corp. is a manufacturer
with interests in steel and steel-related businesses, employing
some 17,650 workers and operating 53 plants in Europe and the
Americas.  The company filed for chapter 11 protection on December
29, 2000 (Bankr. N.D. Ohio, Case No. 00-43866).  Richard M. Cieri,
Esq., and David G. Heiman, Esq., at Jones, Day, Reavis & Pogue,
represent the Debtors in their restructuring efforts.  On August
31, 2001, the company listed $4,853,100,000 in assets and
$4,823,200,000 in liabilities. (LTV Bankruptcy News, Issue No. 63;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


NETBANK INC: Files January 2008 Monthly Operating Report
--------------------------------------------------------
NetBank Inc. filed with the United States Bankruptcy Court for the
Middle District of Florida its monthly unaudited operating report
for the period Jan. 1, 2008, through Jan. 31, 2008.

As of Jan. 31, 2008, the Debtor's schedule of receipts and
disbursements statement reflected total cash receipts of $174,194
and total disbursements of $168,105.  For the month ended Jan. 31,
2008, it reported a beginning cash of $6,354,765 and an ending
cash of $6,360,853.

Headquartered in Jacksonville, Florida, NetBank Inc. --
http://www.netbank.com/-- is a financial holding company of
Netbank, the United States' oldest Internet bank serving retail
and business customers in all 50 states.  The company does retail
banking, mortgage banking, business finance, and providing ATM and
merchant processing services.

The company filed for Chapter 11 protection on Sept. 28, 2007
(Bankr. M.D. Fla. Case No. 07-04295).  Alan M. Weiss, Esq., at
Holland & Knight LLP.  The U.S. Trustee for Region 21 appointed
six creditors to serve on an Official Committee of Unsecured
Creditors of the Debtor's case.  Rogers Towers and Kilpatrick
Stockton LLP represent the Committee in this case.  As of
Sept. 25, 2007, the Debtor listed total assets at $87,213,942 and
total debts at $42,245,857.


NEUMANN HOMES: Files January 2008 Monthly Operating Report
----------------------------------------------------------

                   Neumann Homes, Inc., et al.
                   Receipts and Disbursements
                  Month Ended January 31, 2008

Beginning Balance in All Accounts:
Neumann Citibank Operating Account &
   old BofA Operating Account                         $342,316
Neumann Bank of America - old accounts                     125
Neumann Citibank - Customer Earnest                    804,163
   Money Account
Neumann Citibank - Funding/Dip Account                 268,362
Neumann Citibank - Dip Funding                         575,000
   Professional Acct
Restricted - Neumann Homes Flex Spending                 8,964
Restricted - Neumann Citibank - Glen at                 25,325
   Lakemoor EM Account
Restricted - Neumann Citibank - Clublands              154,921
   Antioch Clubhouse
Restricted - IndyMac Escrow Account -                  111,925
   NeuVillage
Restricted - Chicago Title Escrow Account -            717,082
   Closed Homes
Restricted - Chicago Title Escrow Account -          2,366,479
   Lender Funded
Restricted - Citibank - Worker Comp Escrow               9,730
Restricted - Land Title Guarantee Escrow               393,278
                                                    ----------
                                                    $5,777,669
                                                    ----------

Receipts:
Operations- Operating Account                          246,897
Operations - Customer Earnest Money Account-Ckg        861,429
Operations - Customer Earnest Money Account-MM            (443)
Funding/Dip Account                                    594,770
Glen at Lakemoor EM account                                 49
Clublands Antioch Clubhouse account                        455
Dip Funding - Professional Account                           -
Flex Spending                                                -
Restricted Escrow held by CTT-Lender Funding          (894,529)
Old Operating Account                                    8,753
Flex Spending                                              104
Other Receipts                                               -
                                                    ----------
                                                      $817,484
                                                    ----------

Disbursements:
Net Payroll:
   Officers                                            (13,620)
   Others                                              (82,808)
                                                    ----------
                                                       (96,428)

Taxes:
   Federal Income Tax Withholding                      (19,952)
   FICA/Medicare Withholdings EE                        (9,966)
   Employer's FICA/Medicare ER                          (9,966)
   Federal Unemployment Taxes ER                          (703)
   State Income Tax Withholding                         (3,767)
   Garnishments                                              -
   State Unemployment Taxes ER                          (6,075)
                                                    ----------
                                                       (50,429)

Necessary expenses:
   Rent or mortgage payment(s)                         (73,412)
   Utilities & phones                                  (14,780)
   Insurance                                           (38,887)
   Merchandise/services bought for
     manufacture or sale                                     -
   Other:
     Payroll Services                                   (1,137)
     Benefit Related including flex spending           (21,745)
     Bank Fees                                             (19)
     Postage                                              (315)
     Earnest Money Refunds                            (878,153)
     House Trades                                     (550,769)
     Other - Transfer                               (1,456,199)
     Office Supplies                                      (106)
     Transportation                                     (8,480)
     Consulting services                                (9,375)
     US Trustee Fees                                    (8,500)
     Legal - Professional Fees                        (603,116)
     Miscellaneous                                        (913)
                                                    ----------
                                                    (3,665,904)

Total Disbursements:                                (3,812,761)
                                                    ----------
Net Receipts (Disbursements) for the                (2,995,277)
   Current period
                                                    ----------
Ending Balance in All Accounts                      $2,782,392
                                                    ==========

Headquartered in Warrenville, Illinois, Neumann Homes Inc. --
http://www.neumannhomes.com/-- develops and builds residential
real estate throughout the Midwest and West US.  The company is
active in the Chicago area, southeastern Wisconsin, Colorado, and
Michigan.  The company have built more than 11,000 homes in some
150 residential communities.  The company offer formal business
training to employees through classes, seminars, and computer-
based training.

The company filed for Chapter 11 protection on Nov. 1, 2007
(Bankr. N.D. Ill. Case No. 07-20412).  George Panagakis, Esq., at
Skadded, Arps, Slate, Meagher & Flom L.L.P., was selected by the
Debtors to represent them in these cases.  The Official Committee
of Unsecured Creditors has selected Paul, Hastings, Janofsky &
Walker LLP, as its counsel in these bankruptcy proceeding.  When
the Debtors filed for protection against its creditors, they
listed assets and debts of more than $100 million.

(Neumann Bankruptcy News, Issue No. 12; Bankruptcy Creditors'
Services Inc. http://bankrupt.com/newsstand/or 215/945-7000)


POPE & TALBOT: Amends Global Notes on Schedules and Statements
--------------------------------------------------------------
Pope & Talbot Inc., and its debtor-affiliates amended their global
notes and statement of limitations, methodology and disclaimer,
which accompany the Debtors Schedules of Assets and Liabilities
and Statements of Financial Affairs.  The Amendment incorporates
additional statements to the Global Notes, including the
conversion rate of the Canadian dollar versus the U.S. dollar on
Oct. 31, 2007.

A full-text copy of the Debtors' Global Notes Amendment is
available for free at:

    http://bankrupt.com/misc/Pope_AmendedGlobalNotes.pdf

                       About Pope & Talbot

Based in Portland, Oregon, Pope & Talbot Inc. (Other OTC:
PTBT.PK) -- http://www.poptal.com/-- is a pulp and wood products
business.  Pope & Talbot was founded in 1849 and produces market
pulp and softwood lumber at mills in the US and Canada.  Markets
for the company's products include the US, Europe, Canada, South
America and the Pacific Rim.

The company and its U.S. and Canadian subsidiaries applied for
protection under the Companies' Creditors Arrangement Act of
Canada on Oct. 28, 2007.  The Debtors' CCAA Stay expired
on Jan. 16, 2008.

The company and fourteen of its debtor-affiliates filed for
Chapter 11 protection on Nov. 19, 2007 (Bankr. D. Del. Lead Case
No. 07-11738).  Shearman & Sterling LLP is the Debtor's bankruptcy
counsel, while Laura Davis Jones, Esq. at Pachulski, Stang, Ziehl
& Jones L.L.P. represents the Debtors as bankruptcy co-counsel.
The Official Committee of Unsecured Creditors selected Fried,
Frank, Harris, Shriver & Jacobson LLP as its bankruptcy counsel.
When the Debtors filed for bankruptcy, they listed total assets of
$681,960,000 and total debts of $601,090,000.

The Debtors' exclusive period to file a plan expires on March 18,
2008.

Pope & Talbot Pulp Sales Europe, LLC, a subsidiary, on Nov. 21,
2007, filed an application for relief under Belgian bankruptcy
laws in the commercial court in Brussels.  If the Belgian court
grants Pope & Talbot Europe's application, it is expected it will
be liquidated through the bankruptcy proceeding.

(Pope & Talbot Bankruptcy News, Issue No. 15; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or
215/945-7000).


POPE & TALBOT: Amends Personal Property & Unsecured Debt Schedules
------------------------------------------------------------------
Pope & Talbot Inc. amended its Schedules of Assets and
Liabilities to reflect changes in Schedules B and F:

   Schedule                       Initial Amount  Amended Amount
   --------                       --------------  --------------
   B -- Personal Property           $373,519,950    $373,786,782
   F -- Creditors holding            239,687,470     189,909,192
        unsecured non-priority
        claims

P&T Inc. also amended its Schedule D - Creditors holding secured
claims, Schedule E - Creditors holding unsecured priority claims,
and Schedule H -- Co-Debtors, but the Amendments do not affect
any of the amounts it initially disclosed.

A full-text copy of P&T Inc.'s Amended Schedules of Assets and
Liabilities is available for free at:

     http://bankrupt.com/misc/Pope_IncAmendedSched.pdf

                       About Pope & Talbot

Based in Portland, Oregon, Pope & Talbot Inc. (Other OTC:
PTBT.PK) -- http://www.poptal.com/-- is a pulp and wood products
business.  Pope & Talbot was founded in 1849 and produces market
pulp and softwood lumber at mills in the US and Canada.  Markets
for the company's products include the US, Europe, Canada, South
America and the Pacific Rim.

The company and its U.S. and Canadian subsidiaries applied for
protection under the Companies' Creditors Arrangement Act of
Canada on Oct. 28, 2007.  The Debtors' CCAA Stay expired
on Jan. 16, 2008.

The company and fourteen of its debtor-affiliates filed for
Chapter 11 protection on Nov. 19, 2007 (Bankr. D. Del. Lead Case
No. 07-11738).  Shearman & Sterling LLP is the Debtor's bankruptcy
counsel, while Laura Davis Jones, Esq. at Pachulski, Stang, Ziehl
& Jones L.L.P. represents the Debtors as bankruptcy co-counsel.
The Official Committee of Unsecured Creditors selected Fried,
Frank, Harris, Shriver & Jacobson LLP as its bankruptcy counsel.
When the Debtors filed for bankruptcy, they listed total assets of
$681,960,000 and total debts of $601,090,000.

The Debtors' exclusive period to file a plan expires on March 18,
2008.

Pope & Talbot Pulp Sales Europe, LLC, a subsidiary, on Nov. 21,
2007, filed an application for relief under Belgian bankruptcy
laws in the commercial court in Brussels.  If the Belgian court
grants Pope & Talbot Europe's application, it is expected it will
be liquidated through the bankruptcy proceeding.

(Pope & Talbot Bankruptcy News, Issue No. 15; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or
215/945-7000).


POPE & TALBOT: P&T Ltd. Amends Schedules of Assets and Debts
------------------------------------------------------------
Pope & Talbot Ltd. amended its Schedules of Assets and
Liabilities to reflect changes in Schedules A, B and F:

   Schedule                       Initial Amount  Amended Amount
   --------                       --------------  --------------
   A -- Real Property                $62,412,088     $66,074,891
   B -- Personal Property            620,713,845     624,007,426
   F -- Creditors holding            310,594,805     206,820,115
        unsecured non-priority
        claims

P&T Ltd. also amended its Schedule D - Creditors holding secured
claims, Schedule E - Creditors holding unsecured priority claims,
and Schedule H - Co-Debtors, but the Amendments do not affect any
of the amounts it initially disclosed.

A full-text copy of P&T Ltd.'s Amended Schedules of Assets and
Liabilities is available for free at:

       http://bankrupt.com/misc/Pope_LtdAmendedSched.pdf

                       About Pope & Talbot

Based in Portland, Oregon, Pope & Talbot Inc. (Other OTC:
PTBT.PK) -- http://www.poptal.com/-- is a pulp and wood products
business.  Pope & Talbot was founded in 1849 and produces market
pulp and softwood lumber at mills in the US and Canada.  Markets
for the company's products include the US, Europe, Canada, South
America and the Pacific Rim.

The company and its U.S. and Canadian subsidiaries applied for
protection under the Companies' Creditors Arrangement Act of
Canada on Oct. 28, 2007.  The Debtors' CCAA Stay expired
on Jan. 16, 2008.

The company and fourteen of its debtor-affiliates filed for
Chapter 11 protection on Nov. 19, 2007 (Bankr. D. Del. Lead Case
No. 07-11738).  Shearman & Sterling LLP is the Debtor's bankruptcy
counsel, while Laura Davis Jones, Esq. at Pachulski, Stang, Ziehl
& Jones L.L.P. represents the Debtors as bankruptcy co-counsel.
The Official Committee of Unsecured Creditors selected Fried,
Frank, Harris, Shriver & Jacobson LLP as its bankruptcy counsel.
When the Debtors filed for bankruptcy, they listed total assets of
$681,960,000 and total debts of $601,090,000.

The Debtors' exclusive period to file a plan expires on March 18,
2008.

Pope & Talbot Pulp Sales Europe, LLC, a subsidiary, on Nov. 21,
2007, filed an application for relief under Belgian bankruptcy
laws in the commercial court in Brussels.  If the Belgian court
grants Pope & Talbot Europe's application, it is expected it will
be liquidated through the bankruptcy proceeding.

(Pope & Talbot Bankruptcy News, Issue No. 15; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or
215/945-7000).


POPE & TALBOT: Spearfish Amends Schedules of Assets and Debts
-------------------------------------------------------------
Pope & Talbot Spearfish Limited Partnership amended its Schedules
of Assets and Liabilities to remove five entries from its list of
creditors holding unsecured non-priority claims.  The removed
entries are:

   Entry                                      Amount
   -----                                      ------
   Accounts Payable                         $950,296
   Black Hills Power                         187,715
   Aulick Leasing Corporation                 35,439
   Caterpillar Financial Services Corp.       19,200
   Western Wood Products Association           3,178

Spearfish's Schedule F now totals $4,404,391, from an initial
amount of $5,600,219.

Spearfish also amended its Schedules D, E and H, but the changes
do not affect the values reported in Spearfish's initial
Schedules.

A full-text copy of Spearfish's Amended Schedules of Assets and
Liabilities are available for free at:

   http://bankrupt.com/misc/Pope_SpearfishAmendedSched.pdf

                       About Pope & Talbot

Based in Portland, Oregon, Pope & Talbot Inc. (Other OTC:
PTBT.PK) -- http://www.poptal.com/-- is a pulp and wood products
business.  Pope & Talbot was founded in 1849 and produces market
pulp and softwood lumber at mills in the US and Canada.  Markets
for the company's products include the US, Europe, Canada, South
America and the Pacific Rim.

The company and its U.S. and Canadian subsidiaries applied for
protection under the Companies' Creditors Arrangement Act of
Canada on Oct. 28, 2007.  The Debtors' CCAA Stay expired
on Jan. 16, 2008.

The company and fourteen of its debtor-affiliates filed for
Chapter 11 protection on Nov. 19, 2007 (Bankr. D. Del. Lead Case
No. 07-11738).  Shearman & Sterling LLP is the Debtor's bankruptcy
counsel, while Laura Davis Jones, Esq. at Pachulski, Stang, Ziehl
& Jones L.L.P. represents the Debtors as bankruptcy co-counsel.
The Official Committee of Unsecured Creditors selected Fried,
Frank, Harris, Shriver & Jacobson LLP as its bankruptcy counsel.
When the Debtors filed for bankruptcy, they listed total assets of
$681,960,000 and total debts of $601,090,000.

The Debtors' exclusive period to file a plan expires on March 18,
2008.

Pope & Talbot Pulp Sales Europe, LLC, a subsidiary, on Nov. 21,
2007, filed an application for relief under Belgian bankruptcy
laws in the commercial court in Brussels.  If the Belgian court
grants Pope & Talbot Europe's application, it is expected it will
be liquidated through the bankruptcy proceeding.

(Pope & Talbot Bankruptcy News, Issue No. 15; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or
215/945-7000).


POPE & TALBOT: Lumber Sales Amends Schedules of Assets and Debts
----------------------------------------------------------------
Pope & Talbot Lumber Sales, Inc., amended its Schedules of Assets
and Liabilities, to reflect changes in its:

  * Schedule D - Creditors holding secured claims
  * Schedule E - Creditors holding unsecured priority claims; and
  * Schedule H -- Co-Debtors.

The Amendments, however, do not change any of the amounts P&T
Lumber initially reported.

A full-text copy of P&T Lumber Sales' Schedules of Assets and
Liabilities is available for free at:

   http://bankrupt.com/misc/Pope_LumberAmendedSched.pdf

                       About Pope & Talbot

Based in Portland, Oregon, Pope & Talbot Inc. (Other OTC:
PTBT.PK) -- http://www.poptal.com/-- is a pulp and wood products
business.  Pope & Talbot was founded in 1849 and produces market
pulp and softwood lumber at mills in the US and Canada.  Markets
for the company's products include the US, Europe, Canada, South
America and the Pacific Rim.

The company and its U.S. and Canadian subsidiaries applied for
protection under the Companies' Creditors Arrangement Act of
Canada on Oct. 28, 2007.  The Debtors' CCAA Stay expired
on Jan. 16, 2008.

The company and fourteen of its debtor-affiliates filed for
Chapter 11 protection on Nov. 19, 2007 (Bankr. D. Del. Lead Case
No. 07-11738).  Shearman & Sterling LLP is the Debtor's bankruptcy
counsel, while Laura Davis Jones, Esq. at Pachulski, Stang, Ziehl
& Jones L.L.P. represents the Debtors as bankruptcy co-counsel.
The Official Committee of Unsecured Creditors selected Fried,
Frank, Harris, Shriver & Jacobson LLP as its bankruptcy counsel.
When the Debtors filed for bankruptcy, they listed total assets of
$681,960,000 and total debts of $601,090,000.

The Debtors' exclusive period to file a plan expires on March 18,
2008.

Pope & Talbot Pulp Sales Europe, LLC, a subsidiary, on Nov. 21,
2007, filed an application for relief under Belgian bankruptcy
laws in the commercial court in Brussels.  If the Belgian court
grants Pope & Talbot Europe's application, it is expected it will
be liquidated through the bankruptcy proceeding.

(Pope & Talbot Bankruptcy News, Issue No. 15; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or
215/945-7000).


SCO GROUP: Incurs $2,817,756 Loss for Month Ended Jan. 31, 2008
---------------------------------------------------------------
The S.C.O. Group Inc. and S.C.O. Operations Inc. submitted to the
United States Bankruptcy Court for the District of Delaware their
monthly operating report for the month ended Jan. 1, 2008,
disclosing:

   Cash Beginning of the Month                   $6,080,941
   Total Receipts                                $1,410,450
   Total Disbursements                           $2,106,376
   Cash End of the Month                         $5,385,016

The Debtors generated $940,391 in net revenues, but incurred a
loss of $2,817,756 for the period ended Jan. 31, 2008.

As of Jan. 31, 2008, the Debtors had $14,916,612 in total assets,
$10,763,860 in postpetition liabilities, $3,032,556 in prepetition
liabilities, and $4,189,752 in total net owners' equity.

                      About The S.C.O. Group

Headquartered in Lindon, Utah, The S.C.O. Group Inc. (Nasdaq:
SCOX) fka Caldera International Inc.-- http://www.sco.com/--
provides software technology for distributed, embedded and
network-based systems, offering SCO OpenServer for small to medium
business and UnixWare for enterprise applications and digital
network services.

The company and its affiliate, SCO Operations Inc., filed for
Chapter 11 protection on Sept. 14, 2007, (Bankr. D. Del. Lead Case
No. 07-11337).  Epiq Bankruptcy Solutions LLC, acts as the
Debtors' claims and noticing agent.  The United States Trustee
failed to form an Official Committee of Unsecured Creditors in
these cases due to insufficient response from creditors.  The
Debtors' exclusive period to file a chapter 11 plan expires on
March 12, 2008.  The Debtors' schedules of assets and liabilities
showed total assets of $9,549,519 and total liabilities of
$3,018,489.


TOUSA INC: TOUSA Homes Files Schedules of Assets and Liabilities
----------------------------------------------------------------
TOUSA Homes Inc., debtor-affiliate of TOUSA Inc., submitted its
schedules of assets and debts, disclosing:

A.   Real Property
      Subdivisions
       Red River                                     $86,215,552
       Estada 65's at Monterra                        54,945,209
       Doral Madeira 2 D95                            44,717,615
       Islands of Doral Santorini B25                 26,554,879
       Islands of Doral Menorca B27                   23,748,300
       Casabella                                      21,033,050
       Belmont                                        20,613,619
       Capistara                                      19,650,974
       Reflection Lakes Naples SF                     14,788,341
       Regal Oaks Phase 1B                            13,837,444
       West Region Admin                              13,373,673
       DC Ranch - Villas                              12,971,397
       Regal Oaks at Old Town                         12,107,434
       Reflection Lakes Naples 4-Plex                 11,580,576
       Chatfield Bluffs                               10,196,419
       Darlington Park                                 9,178,099
       Regal Palms Phase 5                             8,285,304
       Cibola Vista                                    8,473,097
       Texas Region Admin                              7,847,441
       Florida Region Admin                            7,324,566
       Blossom Hills 45's                              7,187,483
       Westyn Bay - 85                                 6,842,237
       Sonesta Pointe                                  6,429,615
       Twin Lakes TH                                   6,339,685
       Reflection Isles 4-Plex                         6,193,817
       Vegas Valley & Hollywood                        6,110,023
       Abigail Estates                                 6,053,978
       Sidehill Condos (220)                           6,050,507
       Crestwood (DI & Hollywood)                      6,010,225
       Piedmont Mews SFD                               6,008,765
       Valley View & Maule                             5,995,178
       Haven at York ST - A                            5,968,286
       Summer Point                                    5,849,627
       Blossom Hills Cluster                           5,849,146
       Hawthorne Reserve - 80                          5,815,456
       Estrella Parcel 99-55's                         5,518,654
       Reserve at Lake Washington                      5,514,687
       Fox Grove                                       5,492,872
       Oasis Key S/F 50                                5,453,778
       Watercrest @ Duck Creek Village                 5,254,527
       Layton Cluster - A Phase 1                      5,112,968
       Drexel Park                                     5,112,018
       Blossom Hills 35's                              5,057,887
       North Pointe 60's                               4,974,818
       Beacon Point N-SF                               4,851,270
       Layton Lakes 55's                               4,803,086
       High Pointe at Rojen Farms                      4,674,914
       Highland Meadows - 70' Lots                     4,584,092
       Riverdale-6 Plex TH                             4,481,460
       Whitfield at Oakleaf                            4,470,865
       Linton Crest SFD                                4,455,956
       Rancho Cabrillo 35's                            4,453,520
       Reflection Isles Villa                          4,436,195
       Caloosa Lakes TH                                4,439,430
       River Glen                                      4,424,277
       Tallyns Reach                                   4,417,308
       Verrado Phase 2-45's                            4,412,097
       Verrado Phase 2-55's                            4,402,163
       Parkside/Errol P3 85'                           4,387,919
       Sossaman                                        4,330,659
       Reflection Lakes Naples Villa                   4,309,077
       River Oaks                                      4,297,691
       Estates at River's Edge                         4,211,064
       Bracey Estates                                  4,086,777
       Entrada Del Oro Phase 2                         4,029,315
       Others                                        239,123,095

B.   Personal Property
B.1  Cash on hand                                              0
B.2  Bank Accounts
       Wachovia Corporation - A/N 2000032609121          592,595
       Wells Fargo                                       665,465
       M&T Bank                                          561,224
       Sun Trust                                       1,041,490
B.3  Security Deposit                                    362,492
B.4  Household goods
       Colorado Division                               1,486,853
       Phoenix Division                                1,902,153
       SW Florida Division                             1,091,216
       Others                                          2,229,009
B.5  Book, artwork and collectibles                            0
B.6  Wearing apparel                                           0
B.7  Furs and jewelry                                          0
B.8  Firearms and other equipment                              0
B.9  Insurance Policies                                        0
B.10 Annuities                                                 0
B.11 Interests in an education IRA                             0
B.12 Interests in pension plans                                0
B.13 Stock and Interests                              69,996,568
B.14 Interests in partnerships & joint venture         1,962,594
B.15 Government and corporate bonds                            0
B.16 Accounts Receivable
       Engle/Sunbelt Holdings, LLC                    47,554,864
       Land bank construction                         27,690,121
       Superior Homes Investments                      5,583,615
       CW Capital Fund One, LLC                        4,273,409
       Pacific One Land Holdings, LP                   3,659,631
       GMAC                                            2,426,238
       APEX Capital Fund 1, LLC                        2,307,585
       Acacia Credit Fund                              2,117,044
       GMAC West - Model Home Finance                  1,612,407
       Saybrook Community Capital LLC                  1,415,438
       EMF Fund I                                      1,344,834
       Lo Land                                         1,244,615
       NVR, Inc., dba Ryan Homes                       1,161,440
       Everest Lot Opportunity Fund - Baseline, LLC      976,388
       Strategic                                         560,312
       Premiere at Cooper Creek, LLC                     477,746
       GMAC West                                         435,375
       Beacon Hill at Mountain's Edge, LLC               240,896
       SC Development Enterprises, LLC                   150,356
       General Electric                                  127,530
       TOUSA-Hearthstone Lake Webster                    121,635
       Masco/Delta                                       104,960
       Others                                            820,221
B.17 Alimony                                                   0
B.18 Other Liquidated Debts Owing Debtor                       0
B.19 Equitable or future interests
       Certain homesite option contracts              39,785,539
B.20 Interests in estate death benefit plan                    0
B.21 Other Contingent and Unliquidated Claims                  0
B.22 Patents                                                   0
B.23 Licenses, franchises & other intangibles                  0
B.24 Customer lists or other compilations                      0
B.25 Vehicles                                             11,210
B.26 Boats, motors and accessories                             0
B.27 Aircraft and accessories                                  0
B.28 Office Equipment
       Furniture & Fixtures
          Phoenix Division                             1,150,425
          Orlando Division                               191,691
          Las Vegas Division                             191,513
          Jacksonville Division                          164,516
          Colorado Division                               75,771
          SW Florida Division                             67,197
          Mid Atlantic Land Company Region                39,196
          Virginia Division                               33,127
          Engle Mid Atlantic Division                     32,043
          West ROC                                        32,078
       Equipment
          Phoenix Division                               407,123
          Colorado Division                               56,948
          Jacksonville Division                           41,639
       Others                                             94,972
B.29 Equipment and Supplies for Business                       0
B.30 Inventory                                                 0
B.31 Animals                                                   0
B.32 Crops                                                     0
B.33 Farming equipment and implements                          0
B.34 Farm supplies, chemicals and feed                         0
B.35 Other Personal Property
       Leasehold improvements                          2,813,784
       Certain prepaid commissions                     2,206,683
       Prepaid expense                                   965,341
       Others                                          2,437,048

       TOTAL SCHEDULED ASSETS                     $1,180,998,601
       =========================================================

C.   Property Claimed as Exempt                               $0

D.   Creditors Holding Secured Claims
       Amick Construction, Inc.                        1,016,479
       Florida Sewer                                     356,121
       Mecca/Ryan II JV                                  117,243
       Mitchell & Stark Construction                   1,122,010
       Ryan Sales and Service                            197,327
       The Hodges Group                                   81,335
       Tucker Paving                                     134,263
       Highland Cassidy LLC                               50,549
       De Girolmo & Assoc.                                47,947
       Three Star Construction                            28,132
       Others                                            606,786

E.   Creditors Holding Unsecured Priority Claims               0

F.   Creditors Holding Unsecured Non-priority Claims
       Waterproofing Systems                           1,525,803
       Mitchell & Stark                                  966,093
       Florida Water & Sewer                             490,992
       Construction Services                             455,621
       Tri-star Drywall, Inc.                            350,621
       Belvedere Contracting, Inc.                       336,779
       Munitions Management Group LLC                    227,134
       Province Community Assoc., Inc.                   224,300
       SC Design, Inc.                                   218,299
       Us Home Corp                                      217,973
       Suntech Electrical Contractors                    175,932
       City of Aurora                                    169,217
       C.A. Steelman, Inc.                               163,963
       Arapahoe County Treasure                          157,719
       Finest Drywall, Inc.                              153,364
       Waterproofing Systems of                          152,803
       Ryan Sales and Service, Inc.                      143,785
       BBP Construction Company                          143,429
       L&M Masonry Co., Inc.                             137,143
       Ast Construction Inc.                             133,313
       Central Supply Company                            124,813
       Griffin & Wilson Stucco, Inc.                     123,678
       Florida Windows & Doors, Inc.                     123,225
       DeGirolmo & Assoc., Inc.                          121,272
       Aurora Plumbing Corp.                             116,390
       Three Star Constr jointly                         111,498
       Bison Brothers Const Inc.                         109,792
       Silver Fern MGMT, LLC                             108,464
       C & C Marble, Inc.                                106,481
       Integrity Plumbing Corp.                          105,144
       City of Oviedo - Permits                          103,123
       Bison Brothers Const Inc.                         102,307
       Classic Tile & Carpet, Inc.                        99,061
       Craven Consulting, Inc.                            97,887
       Sun-Sentinel                                       96,405
       T&G Painting, Inc.                                 96,130
       Thales Builders Corp.                              93,156
       General Electric Corp.                             88,059
       Flow Fire Protection, Inc.                         87,455
       Snow's Concrete FRMG Inc.                          85,509
       El Paso County Treasurer                           81,955
       Stryan Builders LLC                                81,537
       Mountain Air Comfort Systems                       81,382
       High Plains Grading                                80,070
       Jefferson County                                   79,797
       Waste Management of Florida                        77,021
       Town of Castle Rock                                75,107
       Del-Air Heating & Air                              74,360
       Platte River Plumb Inc.                            69,915
       Engle Homes/Orlando                                68,550
       Sunshine Drywall & Metal                           68,489
       Maricopa County Planning                           67,275
       CD & E Services, Inc.                              66,896
       Orlando Sentinel                                   66,532
       Deer Creek Electric                                66,386
       Maricopa County Planning                           65,275
       Del-Air Electrical Service Inc.                    65,055
       Comfort House, Inc.                                64,787
       Tim Graboski Roofing, Inc.                         64,590
       Perkins Coie Brown & Bain PA                       62,411
       Hudspeth and Assoc. Inc.                           61,071
       Comet Electric and Equipment                       60,768
       Delaware Siding Co., Inc.                          56,926
       US41 Developer Co-operation                        56,791
       City of Las Vegas                                  56,560
       CMX, LLC                                           54,715
       City of Thornton                                   53,407
       Superior Concrete, LLC                             53,288
       K & K Framers, Inc.                                52,950
       Exclusive Millwork, Inc.                           52,118
       Summit Steel Fabrications, Inc.                    51,994
       Tucker Paving, Inc.                                50,369
       Timberlake Cabinet Co.                             50,028
       Gustafson Heating & Air                            49,127
       Olivia Brick, Inc.                                 48,864
       MMW CORP and Mile High Trim                        47,591
       Research Irrigation, Inc.                          47,250
       Superior Truss Systems, Inc.                       47,055
       Allied Insulation                                  46,770
       Barton Supply                                      46,462
       SelectBuild Florida, LLC                           46,457
       Hartford County Government                         45,675
       Reflection Lakes Master                            45,339
       Stoney Creek Concrete Inc                          44,663
       Marbella at Spanish Wells                          43,988
       Rosenberg, Martin Funk                             43,859
       K & W Painting, Inc.                               43,718
       Interior Trim Design, Inc.                         43,560
       Reston Town Center Property                        43,412
       United Framers                                     43,346
       T&R Painting & Drywall                             43,037
       Cissell Electric, Inc.                             42,989
       Matthews Landscaping, Inc.                         42,895
       City of Fort Myers Utilities                       41,670
       Orange county Utilities                            40,106
       Torgerson Electric, Inc.                           39,695
       Platinum Realty Group                              38,875
       Symmetrical Stair, Inc.                            37,200
       El Paso Drywall                                    36,707
       Misc. Vendor                                       36,000
       Dual-Temp Mechanical, Inc.                         35,672
       City of Fort Myers                                 33,822
       Sears, Roebuck and Co.                             33,531
       Llanes and Sons, Inc.                              33,500
       Architectural Arts                                 33,448
       Precision Fitness Equipment                        33,017
       Country-Wide Heavy Equipment                       32,850
       Dei Professional Services                          32,803
       Manhard Consulting LTD                             32,773
       Water Resource Solutions                           32,485
       D&D Roofing, Inc.                                  32,103
       General Stair Corp.                                31,625
       Hambro Structural Systems                          31,429
       Brinks Home Security                               31,024
       Engineered Air LLC                                 30,956
       GBR Associates, Inc.                               30,725
       Outdoor Living Pool                                30,676
       Surface Crafters                                   29,527
       DRA CRT Orlando University                         29,363
       Specialties Supply Co. Inc.                        29,342
       Structural Preservation                            28,923
       SelectBuild Mechanical, LLC                        28,752
       Bill Scott Drywall, Inc.                           28,681
       Bury Painters Virginia, Inc.                       28,560
       Public Service Co. of Colorado                     28,141
       Gator Electrical                                   27,711
       Mario's Painting of S FL, Inc.                     27,702
       Residential Design Systems                         26,931
       Milgard Manufact. Inc.                             26,911
       Marbella at Spanish Wells HOA                      26,498
       Carpenter Contractors                              26,287
       Quest Design & Production                          25,854
       American Pools & Spas                              25,792
       CRP-2 Holdings CC, L.P.                            25,685
       Ok Painting Inc.                                   25,351
       Greenberg Traurig                                  25,229
       Triple R Paving                                    25,205
       Lafarge West, Inc.                                 25,199
       Heritage Carpet & Tile Co.                         25,104
       Teal Design Group                                  25,050
       Martin County Utilities                            25,047
       The Hodges Group, Inc.                             24,959
       M.R. Tanner Dev & Con, Inc.                        24,849
       Savannah Millwork, Co                              24,832
       Lewcon Contracting LLC                             24,520
       Royal Fence & Equipment                            24,506
       L.M. Equipment Services, Inc.                      24,480
       Green MTN Excavating Inc.                          24,341
       Blake Stucco Contracting, Inc.                     24,300
       Purified Air Conditioning Inc.                     23,950
       D&E Electrical SYS, Inc.                           23,900
       Aqua Doc Inc.                                      23,834
       Modern Comfort, Inc.                               23,538
       Cliff's Trucking, Inc.                             23,500
       WFLX-Fox 29                                        22,500
       Van Kirk & Sons, Inc.                              22,425
       C & S Drywall, Inc.                                22,175
       General Electric Co                                22,148
       The Washington Post                                22,017
       Slater Hanifan Group                               21,882
       Misc. Vendor                                       21,862
       Merten Mary Beth                                   21,294
       Marble Crafters                                    21,178
       Clanton Heating and Air Inc.                       21,029
       Wayne Dalton Corporation                           21,000
       Atrium Windows & Doors of FL                       20,304
       Marble-Lite Corp.                                  20,104
       Xpress Concrete, Inc.                              20,022
       Others                                          2,193,088

       TOTAL SCHEDULED LIABILITIES                   $19,658,444
       =========================================================

                         About TOUSA Inc.

Headquartered in  Hollywood, Florida, TOUSA Inc. (Pink Sheets:
TOUS) -- http://www.tousa.com/-- fka Technical Olympic U.S.A.
Inc., dba Technical U.S.A., Inc., Engle Homes, Newmark Homes L.P.,
TOUSA Homes Inc. and Newmark Homes Corp. is a leading homebuilder
in the United States, operating in various metropolitan markets in
10 states located in four major geographic regions: Florida, the
Mid-Atlantic, Texas, and the West.  TOUSA designs, builds, and
markets high-quality detached single-family residences, town
homes, and condominiums to a diverse group of homebuyers, such as
"first-time" homebuyers, "move-up" homebuyers, homebuyers who are
relocating to a new city or state, buyers of second or vacation
homes, active-adult homebuyers, and homebuyers with grown children
who want a smaller home.  It also provides financial services to
its homebuyers and to others through its subsidiaries, Preferred
Home Mortgage Company and Universal Land Title Inc.

The Debtor and its debtor-affiliates filed for separate Chapter 11
protection on Jan. 29, 2008. (Bankr. S.D. Fla. Case
No.: 08-10928).  The Debtors have selected M. Natasha Labovitz,
Esq., Brian S. Lennon, Esq., Richard M. Cieri, Esq. and Paul M.
Basta, Esq., at Kirkland & Ellis LLP and Paul Steven Singerman,
Esq., at Berger Singerman to represent them in their restructuring
efforts.  Lazard Freres & Co. LLC is the Debtors' investment
banker and financial advisor.  Ernst & Young LLP is selected as
the Debtors' independent auditor and tax services provider.
Kurtzman Carson Consultants LLC acts as the Debtors' Notice,
Claims and Balloting Agent.  TOUSA Inc.'s financial condition as
of Sept. 30, 2007, showed total assets of $2,276,567,000 and total
debts of $1,767,589,000. (TOUSA Bankruptcy News, Issue No. 6;
Bankruptcy Creditors' Service Inc. http://bankrupt.com/newsstand/
or 215/945-7000).


TOUSA INC: West Holdings Files Schedules of Assets and Liabilities
------------------------------------------------------------------
TOUSA/West Holdings Inc., debtor-affiliate of TOUSA Inc.,
delivered its schedules of assets and liabilities, disclosing:

A.   Real Property                                            $0

B.   Personal Property
B.1  Cash on hand                                              0
B.2  Financial Accounts                                        0
B.3  Security Deposits                                         0
B.4  Household Goods and Furnishings                           0
B.5  Books, pictures and other art objects                     0
B.6  Wearing apparel                                           0
B.7  Furs and jewelry                                          0
B.8  Firearms, sports and other hobby equipment                0
B.9  Interests in insurance policies                           0
B.10 Annuities                                                 0
B.11 Interests in education IRA                                0
B.12 Interest in pension, profit sharing plan                  0
B.13 Stock & Interests
       TOUSA Funding, LLC - 100% Ownership           730,491,162
B.14 Investments in subsidiaries & others                      0
B.15 Gov't. & corporate bonds, etc.                            0
B.16 Accounts Receivable                                       0
B.17 Alimony & property settlements                            0
B.18 Liquidated debts owed to debtor                           0
B.19 Other equitable interests                                 0
B.20 Investment in deferred compensation                       0
B.21 Derivative asset                                          0
B.22 Intellectual property                                     0
B.23 Licenses & franchises                                     0
B.24 Borrower & applicant list                                 0
B.25 Vehicles & accessories                                    0
B.26 Boats, motors & accessories                               0
B.27 Aircraft & accessories                                    0
B.28 Office equipment, furnishings, supplies                   0
B.29 Machinery, supplies, equipment, supplies                  0
B.30 Inventory
B.31 Animals                                                   0
B.32 Crops                                                     0
B.33 Farming equipment & implements                            0
B.34 Farm supplies, chemicals & feed                           0
B.35 Other personal property                                   0

       TOTAL SCHEDULED ASSETS                       $730,491,162
       =========================================================

C.   Property Claimed as Exempt                             None

D.   Creditors Holding Secured Claims                    Unknown

E.   Creditors Holding Unsecured
       Priority Claims                                   Unknown

F.   Creditors Holding Unsecured Non-priority Claims        None

       TOTAL SCHEDULED LIABILITIES                            $0
       =========================================================

                         About TOUSA Inc.

Headquartered in  Hollywood, Florida, TOUSA Inc. (Pink Sheets:
TOUS) -- http://www.tousa.com/-- fka Technical Olympic U.S.A.
Inc., dba Technical U.S.A., Inc., Engle Homes, Newmark Homes L.P.,
TOUSA Homes Inc. and Newmark Homes Corp. is a leading homebuilder
in the United States, operating in various metropolitan markets in
10 states located in four major geographic regions: Florida, the
Mid-Atlantic, Texas, and the West.  TOUSA designs, builds, and
markets high-quality detached single-family residences, town
homes, and condominiums to a diverse group of homebuyers, such as
"first-time" homebuyers, "move-up" homebuyers, homebuyers who are
relocating to a new city or state, buyers of second or vacation
homes, active-adult homebuyers, and homebuyers with grown children
who want a smaller home.  It also provides financial services to
its homebuyers and to others through its subsidiaries, Preferred
Home Mortgage Company and Universal Land Title Inc.

The Debtor and its debtor-affiliates filed for separate Chapter 11
protection on Jan. 29, 2008. (Bankr. S.D. Fla. Case
No.: 08-10928).  The Debtors have selected M. Natasha Labovitz,
Esq., Brian S. Lennon, Esq., Richard M. Cieri, Esq. and Paul M.
Basta, Esq., at Kirkland & Ellis LLP and Paul Steven Singerman,
Esq., at Berger Singerman to represent them in their restructuring
efforts.  Lazard Freres & Co. LLC is the Debtors' investment
banker and financial advisor.  Ernst & Young LLP is selected as
the Debtors' independent auditor and tax services provider.
Kurtzman Carson Consultants LLC acts as the Debtors' Notice,
Claims and Balloting Agent.  TOUSA Inc.'s financial condition as
of Sept. 30, 2007, showed total assets of $2,276,567,000 and total
debts of $1,767,589,000. (TOUSA Bankruptcy News, Issue No. 6;
Bankruptcy Creditors' Service Inc. http://bankrupt.com/newsstand/
or 215/945-7000).


TOUSA INC: Four Affiliates File Schedules of Assets and Debts
-------------------------------------------------------------
Four debtor affiliates of TOUSA Inc. reported assets ranging from
$100,000,000 to $300,000,000.

  Debtor                               Assets          Debts
  ------                            ------------     ----------
  Newmark Homes, LP                 $266,929,576     $1,576,637
  Newmark Homes, LLC                 195,818,120      2,815,715
  TOUSA Homes Florida, LP            149,312,907      3,125,205
  TOI, LLC                           122,703,898              0

Tommy McAden, the Debtors' executive vice president, states that
although the management and the Debtors' advisors have made
reasonable efforts to ensure that the unaudited Schedules are as
accurate and complete as possible, subsequent information or
discovery may result in material changes to the Schedules and
inadvertent errors or omissions may exist.

                         About TOUSA Inc.

Headquartered in  Hollywood, Florida, TOUSA Inc. (Pink Sheets:
TOUS) -- http://www.tousa.com/-- fka Technical Olympic U.S.A.
Inc., dba Technical U.S.A., Inc., Engle Homes, Newmark Homes L.P.,
TOUSA Homes Inc. and Newmark Homes Corp. is a leading homebuilder
in the United States, operating in various metropolitan markets in
10 states located in four major geographic regions: Florida, the
Mid-Atlantic, Texas, and the West.  TOUSA designs, builds, and
markets high-quality detached single-family residences, town
homes, and condominiums to a diverse group of homebuyers, such as
"first-time" homebuyers, "move-up" homebuyers, homebuyers who are
relocating to a new city or state, buyers of second or vacation
homes, active-adult homebuyers, and homebuyers with grown children
who want a smaller home.  It also provides financial services to
its homebuyers and to others through its subsidiaries, Preferred
Home Mortgage Company and Universal Land Title Inc.

The Debtor and its debtor-affiliates filed for separate Chapter 11
protection on Jan. 29, 2008. (Bankr. S.D. Fla. Case
No.: 08-10928).  The Debtors have selected M. Natasha Labovitz,
Esq., Brian S. Lennon, Esq., Richard M. Cieri, Esq. and Paul M.
Basta, Esq., at Kirkland & Ellis LLP and Paul Steven Singerman,
Esq., at Berger Singerman to represent them in their restructuring
efforts.  Lazard Freres & Co. LLC is the Debtors' investment
banker and financial advisor.  Ernst & Young LLP is selected as
the Debtors' independent auditor and tax services provider.
Kurtzman Carson Consultants LLC acts as the Debtors' Notice,
Claims and Balloting Agent.  TOUSA Inc.'s financial condition as
of Sept. 30, 2007, showed total assets of $2,276,567,000 and total
debts of $1,767,589,000. (TOUSA Bankruptcy News, Issue No. 6;
Bankruptcy Creditors' Service Inc. http://bankrupt.com/newsstand/
or 215/945-7000).


TOUSA INC: 31 Affiliates File Schedules of Assets and Debts
-----------------------------------------------------------
Thirty-one debtor affiliates of TOUSA Inc. reported assets
ranging from $0 to $45,000,000:

  Debtor                                Assets         Debts
  ------                             -----------    -----------
  TOUSA Delaware, Inc.               $45,293,318             $0
  Reflection Key, LLC                  8,064,850        402,140
  LB/TE #1, LLC                        5,063,168          2,673
  Engle Homes Residential              2,440,932     17,628,397
    Construction LLC
  Engle Sierra Verde P5, LLC           2,219,640        102,621
  TOUSA, LLC                           1,239,433              0
  Engle/Gilligan, LLC                    733,341         22,847
  TOUSA Mid-Atlantic Investment LLC      682,293          9,551
  TOUSA Funding, LLC                     586,108              0
  Engle Homes Delaware, Inc.             345,843              0
  Engle Sierra Verde P4, LLC             239,938        115,337
  TOUSA Associates Services Co.           54,134      4,863,845
  TOUSA Homes, LP                         33,867      3,977,591
  Newmark Homes Purchasing, LP            11,977        868,853
  Lorton South Condominium, LLC            4,999              0
  Engle Homes Commercial Construction          0              0
  Engle/James LLC                              0              0
  McKay Landing, LLC                           0              0
  Preferred Builders Realty, Inc.              0              0
  TOUSA Homes Investment #2, Inc.              0              0
  TOUSA Homes Investment #2, LLC               0              0
  Silverlake Interests, LLC                    0              0
  TOUSA Realty, Inc.                           0              0
  TOUSA Investment #2, Inc.                    0              0
  TOUSA Homes Arizona, LLC                     0              0
  TOUSA Homes Colorado, LLC                    0              0
  TOUSA Homes Nevada, LLC                      0              0
  TOUSA Homes Mid-Atlantic Holding LLC         0              0
  TOUSA Homes Investment #1, Inc.              0              0
  TOUSA Homes Mid-Atlantic, LLC                0              0
  Newmark Homes Business Trust          (848,183)             0

Tommy McAden, the Debtors' executive vice president, states that
although the management and the Debtors' advisors have made
reasonable efforts to ensure that the unaudited Schedules are as
accurate and complete as possible, subsequent information or
discovery may result in material changes to the Schedules and
inadvertent errors or omissions may exist.

                         About TOUSA Inc.

Headquartered in  Hollywood, Florida, TOUSA Inc. (Pink Sheets:
TOUS) -- http://www.tousa.com/-- fka Technical Olympic U.S.A.
Inc., dba Technical U.S.A., Inc., Engle Homes, Newmark Homes L.P.,
TOUSA Homes Inc. and Newmark Homes Corp. is a leading homebuilder
in the United States, operating in various metropolitan markets in
10 states located in four major geographic regions: Florida, the
Mid-Atlantic, Texas, and the West.  TOUSA designs, builds, and
markets high-quality detached single-family residences, town
homes, and condominiums to a diverse group of homebuyers, such as
"first-time" homebuyers, "move-up" homebuyers, homebuyers who are
relocating to a new city or state, buyers of second or vacation
homes, active-adult homebuyers, and homebuyers with grown children
who want a smaller home.  It also provides financial services to
its homebuyers and to others through its subsidiaries, Preferred
Home Mortgage Company and Universal Land Title Inc.

The Debtor and its debtor-affiliates filed for separate Chapter 11
protection on Jan. 29, 2008. (Bankr. S.D. Fla. Case
No.: 08-10928).  The Debtors have selected M. Natasha Labovitz,
Esq., Brian S. Lennon, Esq., Richard M. Cieri, Esq. and Paul M.
Basta, Esq., at Kirkland & Ellis LLP and Paul Steven Singerman,
Esq., at Berger Singerman to represent them in their restructuring
efforts.  Lazard Freres & Co. LLC is the Debtors' investment
banker and financial advisor.  Ernst & Young LLP is selected as
the Debtors' independent auditor and tax services provider.
Kurtzman Carson Consultants LLC acts as the Debtors' Notice,
Claims and Balloting Agent.  TOUSA Inc.'s financial condition as
of Sept. 30, 2007, showed total assets of $2,276,567,000 and total
debts of $1,767,589,000. (TOUSA Bankruptcy News, Issue No. 6;
Bankruptcy Creditors' Service Inc. http://bankrupt.com/newsstand/
or 215/945-7000).

                             *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR 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 constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers'
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Wednesday's edition of the TCR. Submissions about insolvency-
related conferences are encouraged.  Send announcements to
conferences@bankrupt.com/

On Thursdays, the TCR delivers a list of recently filed chapter 11
cases involving less than $1,000,000 in assets and liabilities
delivered to nation's bankruptcy courts.  The list includes links
to freely downloadable images of these small-dollar petitions in
Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

For copies of court documents filed in the District of Delaware,
please contact Vito at Parcels, Inc., at 302-658-9911.  For
bankruptcy documents filed in cases pending outside the District
of Delaware, contact Ken Troubh at Nationwide Research &
Consulting at 207/791-2852.

                             *********

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 is a daily newsletter co-published
by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland,
USA.  Shimero R. Jainga, Ronald C. Sy, Joel Anthony G. Lopez,
Cecil R. Villacampa, Melanie C. Pador, Ludivino Q. Climaco, Jr.,
Loyda I. Nartatez, Tara Marie A. Martin, Philline P. Reluya,
Joseph Medel C. Martirez, Ma. Cristina I. Canson, Christopher G.
Patalinghug, and Peter A. Chapman, Editors.

Copyright 2008.  All rights reserved.  ISSN: 1520-9474.

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 subscription rate is $775 for 6 months 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
$25 each.  For subscription information, contact Christopher Beard
at 240/629-3300.

                    *** End of Transmission ***