(EMAILWIRE.COM, May 16, 2008 ) FAIRLESS HILLS, Pa. -- May 16, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 45 of PERFORMANCE BANKRUPTCY NEWS today. The 15-page newsletter contains stories with these headlines:


[00365] BLACK DIAMOND'S MOTION FOR INDEPENDENT PLAN COMMITTEE
[00366] D.E. SHAW WANTS PTS II, SAYS BDCF HAS NO BUSINESS PLAN
[00367] CIT AND HVB'S MOTION FOR ADEQUATE PROTECTION
[00368] D.E. SHAW, ET AL.'S MOTION FOR DEBTORS TO PRODUCE DOCS
[00369] PTS II PROFESSIONALS' APPLICATIONS FOR FEES AND EXPENSES
[00370] ADVERSARY PROCEEDINGS -- Clear Thinking vs. 38 Entities
[00371] PTS TRUSTEE'S MOTION TO LIMIT NOTICES ON ADVERSARY SUITS


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PERFORMANCE BANKRUPTCY NEWS tracks the restructuring of Hadley Auto Transport, Leaseway Motorcar Transport Co and Performance Transportation Services Inc.

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PERFORMANCE BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

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Contact Information:
Bankruptcy Creditors' Services, Inc.
Peter A. Chapman
Tel: (215) 945-7000
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