(EMAILWIRE.COM, December 18, 2007 ) FAIRLESS HILLS, Pa. -- Dec. 18, 2007 -- Bankruptcy Creditors' Service, Inc., published Issue No. 14 of FIRST MAGNUS BANKRUPTCY NEWS today. The 20-page newsletter contains stories with these headlines:


[00127] COURT DIRECTS DEBTOR TO AMEND DISCLOSURE STATEMENT
[00128] DEBTOR'S MOTION TO SELL CONSTRUCTION LOANS TO SUMMIT
[00129] DEBTOR'S MOTION TO SELL TUCSON PROPERTY FOR $1,600,000
[00130] WAMU'S MOTION TO CONFIRM GRANT OF ADEQUATE PROTECTION
[00131] FLAGSTAFF RANCH CREDITORS' MOTION TO EXAMINE DEBTOR
[00132] FLAGSTAFF RANCH CREDITORS' MOTION TO DEPOSE MERRILL LYNCH
[00133] WNS' MOTION TO DISQUALIFY SNELL & WILMER
[00134] COUNTRYWIDE'S MOTIONS TO COMMENCE FORECLOSURE ACTIONS
[00135] AURORA LOAN'S MOTIONS TO COMMENCE FORECLOSURE ACTION
[00136] WELLS FARGO'S MOTION TO LIFT STAY TO PURSUE ACTION
[00137] ASC'S MOTION TO LIFT STAY TO PURSUE ACTION
[00138] RETAINED PROFESSIONALS' INTERIM FEE APPLICATIONS
[00139] RULE 2019 STATEMENT -- Altfeld Battaile & Lackey Hershman
[00140] STIPULATION EXTENDING CHERRY HILL'S FILING OF CLAIM
[00141] WITHDRAWAL OF CLAIMS -- December 2007
[00142] CLAIM TRANSFERS -- November to December 2007


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FIRST MAGNUS BANKRUPTCY NEWS tracks the restructuring of First Magnus Financial Corporation.

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