(EMAILWIRE.COM, July 17, 2008 ) FAIRLESS HILLS, Pa. -- July 17, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 51 of PERFORMANCE BANKRUPTCY NEWS today. The 7-page newsletter contains stories with these headlines:


[00423] COURT CONVERTS PTS II'S CASE TO CHAPTER 7 LIQUIDATION
[00424] CH. 7 TRUSTEE'S APPLICATION TO EMPLOY M. WALLACH AS ATTY.
[00425] DEBTORS' MOTION FOR AUTHORITY TO USE CASH COLLATERAL
[00426] PTS HALTS OPERATIONS, STARTS WIND-DOWN OF ASSETS
[00427] K. CANFIELD'S MOTION TO LIFT STAY TO PURSUE P.I. SUIT
[00428] ADVERSARY PROCEEDINGS -- Clear Thinking vs. 38 Entities


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