February 13, 2008  
SCHLOSS DER KUENSTE: Claims Registration Period Ends February 29
Creditors of Schloss der Kuenste GmbH have until Feb. 29, 2008,
to register their claims with court-appointed insolvency manager
Jan van Bruggen...
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GENERAL MOTORS: Paying US$0.25 First Qtr. Dividend on March 10
General Motors Corp. disclosed a first-quarter dividend of
US$0.25 per share on GM common stock.  The dividend is payable
March 10, 2008, to holders of record as of Feb. 15, 2008.  The
dividend is unchanged from the previous quarter...
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HKM OIL: Claims Registration Ends March 7
The Specialized Inter-Regional Economic Court of Almaty has
declared LLP HKM Oil Contract insolvent on Dec. 7, 2007...
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INT'L PAPER: Earnings Drop to US$327 Mln in Qtr. Ended Dec. 31
International Paper Co. reported net earnings of US$327 million
in fourth-quarter ended Dec. 31, 2007, compared with net
earnings of US$217 million in the prior quarter and net earnings
of US$2 billion in the fourth quarter of 2006...
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ARROW ELECTRONICS: Earns US$114 Million in 2007 Fourth Quarter
Arrow Electronics Inc. reported fourth quarter 2007 net income
of US$114.0 million on sales of US$4.42 billion, compared with
net income of US$128.1 million on sales of US$3.49 billion in
the fourth quarter of 2006.  Sales increased 26% year over year...
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NOVELIS INC: Incurs US$49 Mil. Net Loss in Quarter Ended Dec. 31
Novelis Inc., a subsidiary of Hindalco Industries Limited,
reported a net loss of US$49 million for the third quarter of
fiscal year 2008, which ended on Dec. 31, 2007.  This compares
with a net loss of US$105 million for the corresponding period
of 2006...
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MORADA FABRICS: Names Joint Administrators from Begbies
Paul Michael Davis and Timothy John Edward Dolder of Begbies
Traynor (South) LLP were appointed joint administrators of
Morada Fabrics Ltd. (Company Number 05545458) on Jan. 31, 2008...
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MAXJET AIRWAYS: Can Hire P. Stang as Bankruptcy Co-Counsel
The U.S. Bankruptcy Court for the District of Delaware grants
MAXjet Airways Inc. the authority to employ Pachulski Stang
Ziehl & Jones LLP as bankruptcy co-counsel nunc pro tunc Dec.
24, 2007...
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