(EMAILWIRE.COM, September 17, 2008 ) FAIRLESS HILLS, Pa. -- Sep. 17, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 39 of VESTA BANKRUPTCY NEWS today. The 15-page newsletter contains stories with these headlines:


[00349] PLAN TRUSTEES' MOTION TO SETTLE GAINES' $140-MIL. CLAIM
[00350] VESTA TRUSTEE'S OBJECTION TO WILMINGTON'S $15-MIL. CLAIMS
[00351] VESTA TRUSTEE'S OBJECTION TO AFFIRMATIVE'S $7.2-M CLAIMS
[00352] GAINES TRUSTEE'S MOTION TO DETERMINE TAX LIABILITIES
[00353] GAINES' MOTION TO SETTLE WITH TEXAS RECEIVERSHIP ENTITIES
[00354] XL SPECIALTY'S MOTION TO LIFT STAY TO PAY DEFENSE COSTS
[00355] U.S. BANK'S MOTION TO COMPEL PAYMENT OF INDENTURE FEES
[00356] VESTA PLAN TRUSTEE'S 1ST OMNIBUS CLAIMS OBJECTION
[00357] VESTA PLAN TRUSTEE'S 2ND OMNIBUS CLAIMS OBJECTION
[00358] GAINES TRUSTEE'S OBJECTION TO CLAIM NO. 180 FOR $5,119
[00359] VESTA PLAN TRUSTEE'S OBJECTION TO SEVEN CLAIMS
[00360] VARIOUS PARTIES' REQUESTS FOR PAYMENT OF ADMIN. EXPENSES
[00361] GAINES PLAN TRUSTEE SETTLES CLAIMS FOR $202,000
[00362] GAINES TRUSTEE SETTLES MERRILL'S CLAIM FOR $10,475
[00363] ADVERSARY PROCEEDING -- Vesta Trustee vs. Haskell, et al.
[00364] ADVERSARY PROCEEDING -- Plan Trustees vs. AIH and AIC
[00365] ADVERSARY PROCEEDING -- Plan Trustee vs. Vesta Timber
[00366] VESTA POST-CONFIRMATION REPORT -- 1st Quarter 2008
[00367] GAINES FILES POST-CONFIRMATION STATUS REPORT
[00368] FLORIDA SELECT FILES POST-CONFIRMATION STATUS REPORT




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VESTA BANKRUPTCY NEWS tracks the restructuring of J Gordon Gaines Inc and Vesta Insurance Group.

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Contact Information:
Bankruptcy Creditors' Service, Inc.
peter a. chapman
Tel: (215) 945-7000
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