/raid1/www/Hosts/bankrupt/TCR_Public/980818.MBX T R O U B L E D   C O M P A N Y   R E P O R T E R
      
     Tuesday, August 18, 1998, Vol. 2, No. 161

                  Headlines

AHERF: Judge Relaxes Bidding Procedures
AHERF: Lays Off 72 Case Managers
AMERICAN STANDARD: Reports Second Quarter Results
CAI WIRELESS: Subscriber Base Decreases
CALDOR CORP: Wins Exclusivity Extension To March 1

COUNTRY STAR RESTAURANTS: Notification of Late Filing
DEBBIE REYNOLDS: Attorney Appeals For Late But Higher Bid
FPA MEDICAL: Nasdaq Delists Shares of FPA
FRUEHAUF TRAILER: To Give Securities To Bondholders
GULF CANADA: Files Quarterly Report With SEC

HOSPITAL STAFFING: Taps Deloitte & Touche
KENETECH CORP: Puerto Rican Project Stake Draws 2 Offers
LEVITZ FURNITURE: Seeks 90-Day Exclusivity Extension
LONG JOHN SILVER'S: Bar Date Set - October 5, 1998
MANHATTAN BAGEL: Reports Increase In 2nd Quarter Earnings

MIDCOM COMMUNICATIONS: Committee To Receive $15 Million
NET TELECOMMUNICATIONS: Files Chapter 11 Petition
ONEITA INDUSTRIES: Hearing Set on Exclusivity Extension
PARAGON TRADE: Files Quarterly Report With SEC
PINNACLE MICRO: Creditors Reach Payment Plan

PRESLEY COMPANIES: Reports Second Quarter Results
WESTMORELAND COAL: Reports Second Quarter Results

Meetings, Conferences and Seminars

              *********

AHERF: Judge Relaxes Bidding Procedures
---------------------------------------
Bankruptcy Court Judge M. Bruce McCullough assured a robust
bidding battle for the Eastern Pennsylvania hospitals of
Allegheny Health Education and Research Foundation by
relaxing proposed bidding procedures and opening the
door to multiple buyers.

In establishing the rules for auctioning the eight AHERF
Philadelphia-area hospitals included in its July 21 Chapter
11 bankruptcy filing, McCullough pushed back the date of
the auction two weeks, to Sept. 29; ordered that the sale
be held in his courtroom, not in the private offices of
attorneys; and  freed suitors to bid on only one hospital
if they so choose.

The changes were adopted as at least two more bidders
emerged-Children's Hospital of Philadelphia and Jefferson
Health System, of Philadelphia. Children's is eyeing
AHERF's St. Christopher's Hospital for Children, as is
Radnor, Pa.-based Catholic Health East, which had been
pushing for the more relaxed bidding procedures that would
allow buyers to target one or two instead of a group of
hospitals.

Nashville-based Vanguard Health Systems Inc. and Santa
Barbara, Calif.-based Tenet Healthcare Corp., already have
made competing offers valued at $460 million and $465
million, respectively, for the eight hospitals.

McCullough denied the state attorney general's efforts to
intervene in the case, but left the door open for the state
to become involved later. The attorney general is
responsible for monitoring the disposition and use of the  
hospital company's charitable assets, but, attorneys for
both AHERF and its creditors said, those are assets
representing restricted accounts and are not in dispute.

Deputy Attorney General Mark Pacella argued that it was
possible that some charitable assets were misused in the
past, but McCullough said that was not an issue for the
bankruptcy court to decide. If charitable funds were
squandered  or misappropriated at some earlier date, it
should have been caught by the  attorney general's office
at the time, he said. "You are a day late and a dollar
short," McCullough told Pacella.

Pacella said afterward that Attorney General Michael Fisher
views the AHERF bankruptcy and events leading up to it
"very seriously" and was seeking to use the bankruptcy
court as one avenue to investigate the activities at the  
Pittsburgh-based foundation, its affiliates and its board.
"This bankruptcy is a significant event that's not lost on
the Attorney General," he said.

AHERF attorneys also said they plan to file a complaint
today against Universal Physicians Management Inc. and its
founder, Harvey Levy.

AHERF contends that Levy, who had headed up the hospital
foundation's efforts to acquire physician practices before
quitting in April, is interfering with the potential sale
of the bankrupt hospitals by attempting to woo away  
doctors under contract with those hospitals. Potential
buyers could be scared off if the value of the hospitals
being sold is harmed by the loss of physicians
contractually obligated to work there, attorneys for AHERF
said. (Pittsburgh Post Gazette - 08/14/98)


AHERF: Lays Off 72 Case Managers
--------------------------------                         
Allegheny General Hospital's parent foundation expects to
lay off 72 employees in its Foster Plaza offices today as
it shuts down an operation that handles medical case
management under fixed price contracts with HealthAmerica.

HealthAmerica said it has already made job offers and
received acceptances from about 45 or 50 of the workers.
Most of those offers are for permanent jobs in Pittsburgh,
said HealthAmerica President Fran Soitsman.

In total, 96 people will be affected by the shutdown, said
AHERF spokesman Tom Chakurda. Once AHERF's Philadelphia
hospitals, which are also in bankruptcy, are auctioned off,
AHERF's staff of 2,292 employees, 2,000 of whom are in
Western Pennsylvania, are expected to take a heavy hit.

HealthAmerica's parent company, Bethesda, Md.-based
Coventry Corp., earlier this week filed a $108 million
lawsuit against Allegheny General and AHERF's other
hospitals here. It was the first blow struck against the
AHERF's Western hospitals, which are not part of the
massive bankruptcy case. (Pittsburgh Post Gazette -
08/14/98)


AMERICAN STANDARD: Reports Second Quarter Results
-------------------------------------------------
American Standard Inc. filed its quarterly report with the
SEC, reporting results of operations for both the second
quarter of 1998 and the first half of 1998.  Sales for the
second quarter of 1998 were $1.8 billion, an increase of
13% (16% excluding  the  unfavorable  effects  of foreign  
exchange)  from $1.6 billion in the second  quarter of
1997.  Operating income was $202 million, an
increase of 13% (17% excluding the unfavorable effects of
foreign exchange) from $178 million in the second quarter
of 1997.  Operating income for the first half of 1998 was
$327 million, an increase of 10% over the $297 million of
operating income in the first half of 1997.

Sales for the first half of 1998 were  $3,288 million, an
increase of $338  million,  or 11% (15%  excluding  the  
unfavorable  effects  of  foreign exchange),  from $2,950
million in the first half of 1997.  Sales increased 10%
for Air Conditioning  Products,  5% for Plumbing Products
and 15% for Automotive Products, and included $50 million
of sales for the new Medical Systems segment.
Operating income was $327 million for the first half of
1998, an increase of 10% (15% excluding the unfavorable
effects of foreign exchange), compared with $297 million  
in the  first  half of  1997.  Operating income increased  
7% for AirConditioning  Products  and 33% for  Automotive  
Products  but  declined  5% for Plumbing Products. The
operating loss for Medical Systems was $9 million for the
first half of 1998 compared with a loss of $8 million for
the first half of 1997.


BUSSE BROADCASTING: Files Quarterly Report with SEC
---------------------------------------------------
Net revenue increased $203,861, or 3.9%, to $5,488,694 from
$5,284,833 for the three months ended June 28, 1998
compared to the three months ended June 29, 1997,
reflecting increased net political advertising offset in
part by a decrease in demand for commercial time from
national advertising clients.

Income from operations increased $306,865, or 25.4%, to
$1,515,946 for the three months ended June 28, 1998 from
$1,209,081 for the comparable period of 1997 primarily
reflecting the increased net revenues and the decreased
expenses.


CAI WIRELESS: Subscriber Base Decreases
---------------------------------------
CAI Wireless Inc. reported to the SEC a net loss of
(27,751,859) for the quarter ended June 30, 1998 compared
to a net loss of (34,108,379) for the quarter ended March
30, 1998.  The company's strategy is not to pursue analog-
based television subscriber growth  while it evaluates  its
business  opportunities  in addition to subscription
television including  high-speed  Internet and Intranet
access,  as  well  as digital video and telephony services.  
The policy has had a negative impact on the Company's
subscription revenues. As of June 30, 1998, the Company's
subscriber base had decreased by approximately 16,600  to
49,100 subscribers from approximately 65,700 at June 30,
1997.  Consequently, subscriber revenues decreased
$2,042,000 for the quarter ended June 30, 1998 compared to
the corresponding period last year.

The Debtors expect to reorganize under Chapter 11 and have
proposed a joint reorganization plan, which was filed with
the Bankruptcy Court on the Petition Date.  The Plan has
already been voted on and accepted by the requisite number
of  creditors prior to the  Petition  Date.  Under the
Plan, holders of CAI's 12 1/4 % Senior Notes due  2002  
will  receive  approximately $16,400,000 in cash,
$100,000,000 in new senior notes due 2004 and 91% of
the equity of reorganized CAI.  Holders of subordinated  
indebtedness  of CAI will receive their pro rata share of
the remaining 9% of the equity in reorganized CAI. The  
equity  interests  granted  to  the Company's debtholders
will be subject to dilution for the issuance of stock
options to members of CAI's senior management and for
equity issued in connection with the Exit Facility (defined
below).  The Plan does not provide for any distribution to
existing shareholders of CAI.


CALDOR CORP: Wins Exclusivity Extension To March 1
--------------------------------------------------
Caldor Corp. won an extension of its exclusive periods to
file a reorganization plan and solicit plan
acceptances to March 1 and April 30, respectively.  In
seeking the extension, the 145-store chain said it is
"poised operationally" to emerge from bankruptcy, but is
still evaluating various strategies for exiting Chapter 11.
(Federal Filings Inc. 17-Aug-98)


COUNTRY STAR RESTAURANTS: Notification of Late Filing
-----------------------------------------------------
Country Star Restaurants Inc. informed the SEC that its
management was unable to close the company's books in time
to complete the preparation of the financial information  
required by the due date of the report.


DEBBIE REYNOLDS: Attorney Appeals For Late But Higher Bid
---------------------------------------------------------
Lenard Schwartzer, the attorney for the bankrupt Debbie
Reynolds Hotel, said Thursday he will appeal a bankruptcy
court decision to refuse consideration of a late but higher
bid for the hotel.

Bankruptcy Court Judge Clive Jones denied the debtor
corporation's motion to  consider a bid from time-share
developer David Siegel to pay $11.5 million for  the hotel
located near the Las Vegas Convention Center.

That was $850,000 more than a joint venture involving the
World Wrestling Federation made in the previous high bid.
The additional money would go to creditors, including the
Internal Revenue Service which is owed $1.2 million.

Schwartzer said he will argue that the judge had the
discretion to consider Siegel's bid. Marc Risman, an
attorney with the joint venture, said Jones'  
decision was correct.


FPA MEDICAL: Nasdaq Delists Shares of FPA
-----------------------------------------
The Nasdaq National Market yesterday delisted FPA Medical
Management, the San Diego company whose shares have fallen
to just 12 1/2 cents as it seeks bankruptcy protection.

Nasdaq had previously given the company until the end of
September to meet the listing requirements but accelerated
the delisting process after FPA filed for bankruptcy on
July 19.

Meanwhile, the company, which is moving to Miami, said the
bankruptcy court had increased its interim borrowing limit
to $38 million to enable the company to continue paying
employees and other operating costs. The court had approved
$34  million in interim borrowing on July 22, and FPA
said it had agreements with a  group of lenders including
BankBoston to borrow up to $50 million while it  
restructures.

That plan will be considered at a hearing next week, the
company said. Known as a physician practice management
company, FPA typically receives fixed payments
from large HMOs in exchange for providing all medical
services to plan members. (San Diego Union And Tribune;
08/13/98)


FRUEHAUF TRAILER: To Give Securities To Bondholders
---------------------------------------------------
Newport Beach financial manager Chriss Street, chairman of
Indianapolis-based Fruehauf Trailer Corp., said Wednesday
that the bankrupt trailer maker will distribute more than
$21 million in securities to secured bondholders as  part
of its reorganization plan.

Fruehauf's remaining assets, including a 300-employee
trailer plant near Mexico City, will be transferred to a
liquidating trust, which Street will oversee. Fruehauf
filed for bankruptcy protection in Oct. 7, 1996, with
debts of $251 million.

Street was named chairman of Fruehauf shortly after that.
Wabash National Corp., the largest U.S. maker of truck
trailers, bought almost all of its assets for $51 million
in April 1997, including the Fruehauf name. Creditors must
vote on the reorganization plan by Sept. 9. (Orange County
Register; 08/13/98)


GULF CANADA: Files Quarterly Report With SEC
--------------------------------------------
Gulf Canada Resources Limited reports net oil and gas
revenues for the six months ended June 30, 1998 were $538
million, down $10 million from revenues of $548 million for
the first half of 1997. Second quarter 1998 revenues of
$256 million were $34 million lower than the same period in
1997. The revenue decreases reflect the impact of
significantly lower 1998 liquids prices which more than
offset volume improvements.

Price declines were mitigated somewhat by Gulf's commodity
hedging program which increased revenues by $25 million in
the first half of 1998, compared with a net loss of $31
million on hedging activities for the same period in 1997.
There was a $15 million net improvement quarter over
quarter.

Gulf's cash generation decreased to $188 million for the
first six months of 1998, a $58 million decrease over the
same period last year. Cash generated by operating
activities in the second quarter of 1998 was $83 million
compared with $106 million in the same period of 1997.

The Company incurred a loss of $102 million during the
first six months of 1998 compared with earnings of $2
million during the first half of 1997.


HOSPITAL STAFFING: Taps Deloitte & Touche
-----------------------------------------
The debtor, Hospital Staffing Services, Inc. is seeking
authority to hire Deloitte & Touche LLP as special tax
consultants for the debtor.  


The firm has worked informally to analyze whether a certain
proprietary net operating loss utilizaiton pllanning
strategy which the firm developed could be used byu the
debtor to recover a susbtantial tax refund.  The total
amount refunded could exceed $700,000.

The firm will charge a fee equal to 35% of any recovery by
using its strategy.


KENETECH CORP: Puerto Rican Project Stake Draws 2 Offers
--------------------------------------------------------
Kenetech has received two definitive bids for its indirect
50% stake in a joint venture with Enron Corp. that owns a
power plant under construction in Puerto Rico.  The company
and financial advisor Fieldstone Private Capital Group are
evaluating the offers, received last month.  Kenetech plans
to sell its interest in the 540 megawatt EcoElectrica
Project this year, and the project is expected to make its
initial commercial power deliveries in the fourth quarter
of 1999.  The sale will in large part determine whether
subsidiary Kenetech Windpower Inc. receives the $6.5
million due under the court-approved settlement with the
unit's creditors' committee, Kenetech, and its bondholders.
(Federal Filings Inc. 17-Aug-98)


LEVITZ FURNITURE: Seeks 90-Day Exclusivity Extension
----------------------------------------------------
Levitz Furniture Inc. asked the court for another 90-day
exclusivity extension so the retailer can continue to work
on its long-term business plan and test it.  "Although the
Debtors have made significant progress towards
rehabilitation during the past few months including
streamlining operations and disposing of certain
significant assets, [Levitz] will need at least an
additional 90 days to complete and preliminarily test a
long-term business plan and to develop, negotiate and
propose a reorganization plan based on such a business
plan," Levitz asserted. (Federal Filings Inc. 17-Aug-98)


LONG JOHN SILVER'S: Bar Date Set - October 5, 1998
----------------------------------------------------
Long John Silver's Inc., and its debtor affiliates filed
notice of the last date for creditors to file proofs of
claim.  On July 30\, 1998, the Bankruptcy Court entered an
order establishing October 5, 1998 as the last date and
time for filing proofs of claim against the debtors.


MANHATTAN BAGEL: Reports Increase In 2nd Quarter Earnings
---------------------------------------------------------
Manhattan Bagel Company, Inc. (Nasdaq:BGLSQ) reported that
it earned $281,000 before reorganization items  
during the three months ended June 30, 1998,  a 227%
increase over the $86,000 earned in 1997's second quarter.  
No income taxes were recorded in either period.

The Company reported a net loss of $499,000, ($0.07 per
share), for the 1998 period after including $780,000 in
reorganization expenses.  This compared with
the $86,000 profit, $0.01 per share, reported a year
earlier when no reorganization items were recorded.
The  reorganization items absorbed during the 1998 quarter
included $720,000 in professional fees and $60,000 in
administrative expenses.

Second quarter revenues declined 31.2% to $8 million from
$11.6 million in the corresponding 1997 period.  The
downturn reflected a $2.1 million decline in  
product sales resulting primarily from a decrease in the
number of Company-operated stores, and a $1.5 million
decrease in franchise and license related revenue.  In
particular, Company-store retail sales fell 53% from the
1997 quarter to $756,000.  The decrease in the franchise
revenue category reflected declines in area developer fees,
franchise fees and royalties.  Area developer  
and franchise fees have been adversely affected by the
temporary suspension of certain franchise development
activities in connection with the Company's  
Chapter 11 filing.  Franchise development activity has now
partially resumed.

For the first six months of 1998, Manhattan Bagel earned
$492,000 before reorganization expenses, up 233% from
$148,000 a year earlier.  Including $1.4 million in
reorganization expenses, the Company had an $897,000 net
loss for the 1998 half, ($0.12 per share), compared with
net income of $148,000, $0.02 per share, in the 1997
period.  Reorganization expenses were comprised of $1.2  
million in professional fees and $176,000 in administrative
expenses. No income tax provision was recorded in either
period.

Revenues for the six months fell 27% to $15.7 million from
$21.4 million in the 1997 period.

On July 29, Manhattan Bagel announced that it had signed an
agreement to be acquired by New World Coffee & Bagels Inc.
(Nasdaq: NWCI).  It is expected that both chains will
retain their individual identities while consolidating
their corporate infrastructure.  The transaction, which is
subject to necessary bankruptcy court approvals, would
provide no value to Manhattan Bagel shareholders.  The two
companies are currently preparing a plan of reorganization
that would enable Manhattan Bagel to emerge from Chapter 11  
bankruptcy protection.


MIDCOM COMMUNICATIONS: Committee To Receive $15 Million
-------------------------------------------------------
The Unsecured Creditors' Committee of Midcom Communications
Inc. reported that it will receive slightly in excess of
$15.3 million from an escrow account established to
facilitate a possible $23.5 million purchase price
adjustment from the sale of Midcom's assets.

Pursuant to its sale of certain assets to WinStar/Midcom
Acquisition Corp. for $92 million, WinStar could be
entitled to a purchase price adjustment of up to $23.4
million based upon a comparison of revenue derived from the
assets prior to and subsequent to the sale.  Subject to    
the Creditors' Committee's verification of the information,
the funds will be available for distribution pursuant to
the Creditors' Committee's plan which provides for  a
complete liquidation of Midcom's assets and a distribution
of available proceeds to creditors. The Chapter 11 cases of
PacNet, Inc., AdVal, Inc. and Cel Tech Int'l. Corp.,
subsidiaries of Midcom, were previously substantively
consolidated with the Midcom case.

The Creditors' Committee consists of Resurgence Asset
Management, LL, IBJ Schroder Bank & Trust Co.; Worldcom
Network Services; Sprint Communications Company LP;
Comdisco, Inc.; Highmark International, Inc.; Teleport
Communications Group, Inc.; and Discom Corporation.

Lawrence K. Snider and Richard Ziegler of Mayer, Brown &
Platt (Chicago) are counsel to the Midcom Creditors'
Committee. Jonathan Green of Miller, Canfield, Paddock &
Stone in Detroit is local counsel.  Arthur Andersen is the
Committee's financial advisor.


NET TELECOMMUNICATIONS: Files Chapter 11 Petition
------------------------------------------------        
On August 10, 1998, Net Telecommunications, Inc. filed a
petition in bankruptcy in the U.S. Bankruptcy Court for the
Southern District of Nevada. On the same date, NTI Telecom,
Inc., the Company's wholly-owned subsidiary, filed a
petition in bankruptcy in the same Court. (States SEC;
08/14/98)


ONEITA INDUSTRIES: Hearing Set on Exclusivity Extension
-------------------------------------------------------
A hearing will be held with respect to the motion of the
debtor, Oneita Industries, Inc. for an order extending the
debtor's exclusive period to seek confirmation of a plan of
reorganization. The hearing will be held on August 19,
1998, before Judge Joseph J. Farnan of the U.S. District
Court, 844 King Street, Wilmington, Delaware.  Objections
to the relief sought must be filed so as to be received no
later than 12:00 Noon on August 17, 1998.


PARAGON TRADE: Files Quarterly Report With SEC
----------------------------------------------
Net earnings were $3.4 million in the second quarter of
1998 compared with net earnings of $2.7 million in the
second quarter of 1997. The increase in profits
in the second  quarter of 1998 compared to the same period
in 1997 was primarily due to non-operating  factors related
to lower taxes and lower interest expense.

Basic earnings per share in the second quarter of 1998 were
$.28 compared to basic earnings per share of $.22 in the
second quarter of 1997.  

Net sales were $127.0 million in the second quarter of
1998, a 6.5 percent decrease from the $135.8 million
reported in the second quarter of 1997.  

Net sales were $265.3 million in the first half of 1998, a
2.3 percent decrease from the $271.5 million reported in
the first half of 1997.  

Bankruptcy  costs were $2.8 million during the first half
of 1998.  These costs were primarily related to  
professional fees and are  expected to continue at


PINNACLE MICRO: Creditors Reach Payment Plan
--------------------------------------------
Pinnacle Micro Inc., the troubled maker of data-storage
devices, said that the company and some of its unsecured
creditors have agreed on a debt-repayment plan.

In May, Irvine-based Pinnacle reported a record loss of $30
million for 1997 and said that if it couldn't get more time
to reorganize its finances, it might seek protection under
federal bankruptcy laws.

Since then, it has worked with its creditors to restructure
its debts.  Friday, Pinnacle will present the plan to the
rest of its creditors, who are expected to vote on the plan
in the next two weeks. (Orange County Register; 08/13/98)


PRESLEY COMPANIES: Reports Second Quarter Results
-------------------------------------------------
Sales (which represent recorded revenues from closings) for
the three months ended June 30, 1998 were $80.5 million, a
decrease of $17.1 million (18%) from sales of $97.6 million
for the three months ended June 30, 1997. Revenue from
sales of homes decreased $16.6 million to $71.9 million in
the 1998 period from $88.5 million in the 1997 period.

Total operating income (loss), excluding the impairment
loss on real estate assets, changed from a $0.7 million
loss in the 1997 period to $2.1 million income in the 1998
period.

Sales for the six months ended June 30, 1998 were $147.0
million, a decrease of $18.4 million (11%), from sales
of $165.4 million for the six months ended June 30, 1997.

Total operating income (loss), excluding the impairment
loss on real estate assets, changed from a loss of $3.6
million in the 1997 period to an income of $1.1 million in
the 1998 period.


WESTMORELAND COAL: Reports Second Quarter Results
-------------------------------------------------
Westmoreland Coal reported revenues for the quarter ending
June 30, 1998 were $61,845,000 compared to $15,117,000 for
the quarter ending June 30, 1997.  The increase is due to
increased earnings at WEI's Rensselaer project as a result
of the restructuring of its power purchase contract with
Niagara Mohawk, increased sales volumes at WRI and
increased earnings from other independent power projects.

Revenues for the six months ending June 30, 1998 were
$78,807,000 compared to $30,449,000 for the six months
ending June 30, 1997.  

Costs and expenses for the six months ending June 30, 1998
were $31,540,000 compared to $23,899,000 for the six months
ending June 30, 1997.

On July 28, 1998, the Company and four subsidiaries filed a
motion with the Bankruptcy Court to dismiss their Chapter
11 cases based on substantial changes in law that have
resulted from recent court decisions in other cases and the
significant improvement in the Company's financial
condition.

On July 28, 1998 the Official Equity Holders' Committee
filed a motion before the Bankruptcy Court to convert the
Debtor Corporation's Cases to Chapter 7, contending that
conversion would maximize the recovery for shareholders and
that the Funds' amended plan of reorganization is not
confirmable.  The Debtor Corporations believe that
dismissal of the Chapter 11 cases is preferable to
conversion and should be granted by the Bankruptcy Court
for the benefit of the creditors and to allow for the
preservation and creation of value for the shareholders.

A hearing on the above described motions has been set for
August 25,1998.

                  *********

Meetings, Conferences and Seminars
----------------------------------
August 25-27, 1998
   NEW YORK UNIVERSITY SCHOOL OF LAW
      NYU Workshop on Bankruptcy and
      Business Reorganizations XXIV
         NYU School of Law, New York, New York
            Contact: 1-212-998-6415

September 9-13, 1998
   NATIONAL ASSOCIATION OF BANKRUPTCY TRUSTEES
      Annual Convention
         Sheraton El Conquistador, Tucson, Arizona
            Contact: 1-803-252-5646

September 17-20, 1998
   AMERICAN BANKRUPTCY INSTITUTE
      Southwest Bankruptcy Conference
         The Inn at Loretta, Santa Fe, New Mexico
            Contact: 1-703-739-0800
  
September 17-20, 1998
   COMMERCIAL LAW LEAGUE OF AMERICA
      Midwest Mid-Year Meeting
         Oak Brook Hills Resort & Hotel
         Oak Brook, Illinois
            Contact: 1-616-372-6500

September 21-23, 1998
   STATES' ASSOCIATION OF BANKRUPTCY ATTORNEYS
      7th Annual States' Taxation and Bankruptcy Conference
         Hotel Santa Fe, Santa Fe, New Mexico
            Contact: 1-505-827-0728

September 25-26, 1998
   VIRGINIA CONTINUING LEGAL EDUCATION
      13th Annual Mid-Atlantic Institute on
      Bankruptcy and Reorganization Practice
         Boar's Head Inn, Charlottesville, Virginia
            Contact: 1-800-979-8253

October 8-10, 1998
   AMERICAN LEGAL INSTITUTE-AMERICAN BAR ASSOCIATION
      Real Estate Defaults, Workouts, and Reorganization
         Charleston, South Carolina
            Contact: 1-800-CLE-NEWS

October 16-20, 1998
   TURNAROUND MANAGEMENT ASSOCIATION
      1998 Annual Conference
         The Westin Hotel, Chicago, Illinois
            Contact: 1-312-857-7734

October 22-25, 1998
   NATIONAL CONFERENCE OF BANKRUPTCY JUDGES
      72nd Annual Meeting
         Wyndham Anatole Hotel, Dallas, Texas
            Contact: 1-803-957-6225

November 9-10, 1998
   RENAISSANCE AMERICAN CONFERENCES & BEARD GROUP, INC.
      Conference on Corporate Restructurings: Asia
      Indonesia * Thailand * South Korea
         The Radisson Empire Hotel, New York, New York
            Contact: 1-903-592-5169 or ram@ballistic.com   

November 30-December 1, 1998
   RENAISSANCE AMERICAN CONFERENCES & BEARD GROUP, INC.
      Distressed Investing '98
         The Plaza Hotel, New York, New York
            Contact: 1-903-592-5169 or ram@ballistic.com   

December 3-5, 1998
   AMERICAN BANKRUPTCY INSTITUTE
      Winter Leadership Conference
         Westin La Paloma, Tuscon, Arizona
            Contact: 1-703-739-0800

February 18-21, 1999
   COMMERICAL LAW LEAGUE OF AMERICA
      Annual Western District Meeting
         Monte Carlo Hotel & Casino Resort,
         Las Vegas, Nevada
            Contact: 1-702-382-9558

April 26-27, 1999
   RENAISSANCE AMERICAN CONFERENCES & BEARD GROUP, INC.
      Bankruptcy Sales, Mergers & Acquisitions
         The Mark Hopkins, San Francisco, California
            Contact: 1-903-592-5169 or ram@ballistic.com   

The Meetings, Conferences and Seminars column appears
in the TCR each Tuesday.  Submissions via e-mail to
conferences@bankrupt.com are encouraged.  

Bond pricing, appearing each Friday, is supplied by DLS
Capital Partners, Dallas, Texas.

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.,
Princeton, NJ, and Beard Group, Inc., Washington, DC.  
Debra Brennan and Lexy Mueller, Editors.   

Copyright 1998.  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 $575 for six 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 301/951-6400.  

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