BLUE WATER AUTOMOTIVE Bankruptcy News, Issue No. 21

BCSI reports on latest events arising in the chapter 11 cases commenced by Blue Water Automotive Systems Inc.

(EMAILWIRE.COM, June 25, 2008 ) FAIRLESS HILLS, Pa. -- June 25, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 21 of BLUE WATER AUTOMOTIVE BANKRUPTCY NEWS today. The 11-page newsletter contains stories with these headlines:


[00180] COURT ADJOURNS CONFIRMATION HEARING TO JULY 8
[00181] CONFIRMATION OBJECTION -- United Steelworkers
[00182] CONFIRMATION OBJECTION -- H.S. Die & Engineering
[00183] BLUE WATER NAMES NYX'S $28.0-MIL. AS STALKING HORSE BID
[00184] DEBTORS' MOTION TO PROHIBIT CIT FROM CREDIT BIDDING
[00185] ADVERSARY PROCEEDING -- Debtors vs. CIT Entities
[00186] CIT CAPITAL'S MOTION TO ALLOW SETOFF & RECOUPMENT CLAIMS
[00187] CIT ENTITIES' MOTION FOR ADEQUATE PROTECTION
[00188] DEBTORS' MOTION TO ESTABLISH RECLAMATION PROCEDURES
[00189] TRI-WAY MANUFACTURING'S MOTION TO ALLOW $162,000 CLAIM
[00190] INNOVATIVE MOLD'S MOTION TO COMPEL CONTRACT DECISION
[00191] STIPULATION PROVIDING ADEQUATE PROTECTION TO GE CAPITAL
[00192] BANKRUPTCY PROFESSIONALS' INTERIM FEE APPLICATIONS


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BLUE WATER AUTOMOTIVE BANKRUPTCY NEWS tracks the restructuring of Blue Water Automotive Systems Inc.

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BLUE WATER AUTOMOTIVE 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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