(EMAILWIRE.COM, October 16, 2008 ) FAIRLESS HILLS, Pa. -- Oct. 16, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 31 of BLUE WATER AUTOMOTIVE BANKRUPTCY NEWS today. The 14-page newsletter contains stories with these headlines:


[00319] COURT ISSUES WRITTEN ORDER CONFIRMING BLUE WATER'S PLAN
[00320] DEBTORS' MOTION TO APPROVE SETTLEMENT WITH CHRSYLER
[00321] DEBTORS' MOTION TO ESTABLISH RECLAMATION PROCEDURES
[00322] DEBTORS' MOTION TO SELL CARO EQUIPMENT FOR $711,000
[00323] DEBTORS' MOTION TO SELL INVENTORY FOR $48,310 TO WINDSOR
[00324] STIPULATIONS LIFTING STAY TO REMOVE VENDORS' TOOLING
[00325] STIPULATION RESOLVING H.S. DIE'S TOOLING ISSUES
[00326] DEBTORS' 1ST OMNIBUS OBJECTION TO CLAIMS
[00327] DE LAGE LANDEN'S MOTION FOR ADEQUATE PROTECTION
[00328] VENDORS' MOTIONS TO ALLOW ADMINISTRATIVE EXPENSE CLAIMS


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