TCR_Public/130822.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

            Thursday, August 22, 2013, Vol. 17, No. 232


                            Headlines

2408 W KENNEDY: Case Summary & 20 Largest Unsecured Creditors
3PEA INTERNATIONAL: Posts $79,800 Net Income in Second Quarter
ACCO BRANDS: Debt Cuts Prompt Moody's to Change Outlook to Stable
ABERDEEN LAND: Wins Final Approval to Hire Advisors
AGFEED INDUSTRIES: Enters into Consulting Agreement with G. Leeper

AGFEED INDUSTRIES: Taps Keith Maib as Restructuring Officer
AGFEED INDUSTRIES: Employs BDA as Investment Banker
AGFEED INDUSTRIES: Hires BMC Group as Administrative Advisor
ALLY FINANCIAL: To Buy Back Preferred Stock from U.S.
AMERICAN AIRLINES: No Breakup Fee Coming If DOJ Blocks $11B Merger

AMERICAN POWER: Had $384,000 Net Loss in June 30 Quarter
AMTROL HOLDINGS: 3rd Cir. Defers on State Hazmat Suit Preemption
APPLIED DNA: Incurs $2.1 Million Net Loss in June 30 Quarter
ARI-RC 3: Cash Collateral Hearing Continued to Sept. 11
ARI-RC 3: U.S. Bank Wants Relief of Stay in Thousand Oaks Property

ASHTON GROVE: Seeks to Employ Streusand Landon as Counsel
ASHTON GROVE: Section 341(a) Meeting Set on September 10
ATLANTIC POWER: DBRS Lowers Issuer Rating to 'B(high)'
ATP OIL: Files Schedules of Assets and Liabilities
AVIS BUDGET: Supplemental Indenture No Impact on Moody's Ratings

AXESSTEL INC: Incurs $2.5 Million Net Loss in Second Quarter
BANKERS 4 REAL: Case Summary & 5 Unsecured Creditors
BEAR STEARNS: U.S. Steps Up JPMorgan Probe Over Mortgage Bonds
BELLE FOODS: Committee Retains CohnReznick as Financial Advisors
BELLE FOODS: Committee Retains Haskell Slaughter as Co-Counsel

BELLE FOODS: Creditors Committee Retains OSHR as Co-Counsel
BIOFUEL ENERGY: Incurs $4.7 Million Net Loss in Second Quarter
BIOANALYTICAL SYSTEMS: Gets Nasdaq Listing Non-Compliance Notice
BIRDSALL SERVICES: Trustee Says Execs Must Pay for Firm's Damages
BMB MUNAI: Incurs $543,000 Net Loss in June 30 Quarter

BROADWAY FINANCIAL: Reports $228,000 Net Loss in 2nd Quarter
BROWNIE'S MARINE: Had $425,700 Net Income in Second Quarter
CANCER GENETICS: Incurs $9.1-Mil. Net Loss in Second Quarter
CASA CASUARINA: Staff Says Rothstein Claim Is Improper
CDW CORP: Moody's Raises CFR to B1 After Completion of June IPO

CENTAUR LLC: Clawback Suit v. Sweeneys Survives Dismissal Bid
CHICAGO TRADING: CFTC Revokes Registration
CIRCLE STAR: Incurs $10.8 Million Net Loss in Fiscal 2013
CODA HOLDINGS: Plan Outline Hearing Set for Sept. 9
COMMUNITY SHORES: Posts $75,000 Net Income in Second Quarter

COMPETITIVE TECHNOLOGIES: Reports $677,000 Net Loss in 2nd Qtr.
CONSTRUCTORA DE HATO: Court Amends Order on Public Sale of Assets
CONSTRUCTORA DE HATO: Granted Until Nov. 5 to File Plan
COUDERT BROTHERS: Judge Drain Won't Reinstate Statek Claim
CROC LLC: Case Summary & 4 Unsecured Creditors

CITY OF SAN BRUNO: Disputes PG&E Statement on Potential Bankruptcy
D & L ENERGY: Wants Until Nov. 12 to File Chapter 11 Plan
DAIS ANALYTIC: Incurs $1.1 Million Net Loss in Second Quarter
DEE ALLEN: Union Central Opposes Approval of Trustee Disclosures
DESIGNLINE CORP: Meeting to Form Creditors' Panel on Aug. 27

DETROIT, MI: Can Appoint Committee of Retired Employees
DETROIT, MI: Mich. School Districts to Test Municipal Bond Market
DETROIT, MI: Area Tries to Protect World-Class Art From Bankruptcy
DETROIT, MI: Bond Creditors Skip Initial Bankruptcy Fight
DIAGNOSTIC VENTURES: Former Exec Ducks Fraud Claims

DR TATTOFF: Incurs $1 Million Net Loss in Second Quarter
DTS8 COFFEE: Incurs $1.1 Million Net Loss in Fiscal 2013
EARL GAUDIO: Files Amended List of 20 Largest Unsecured Creditors
EARL GAUDIO: Files Schedules of Assets and Liabilities
EASTMAN KODAK: Signs Deal Rejecting Century Insurance Policies

EASTMAN KODAK: Wins Approval to Reject Contracts With Acro, et al.
EASTMAN KODAK: Seeks Court Approval to Assume 174 Contracts
EASTMAN KODAK: Seeks Extension to Object to Sec. 503(b)(9) Claims
EAT AT JOE'S: Posts $3.3 Million Net Income in Second Quarter
EAU TECHNOLOGIES: Incurs $765,000 Net Loss in Second Quarter

ECOTALITY INC: Pomerantz Law Firm Files Class Action Suit
EL FARMER: Can Access PR Asset Cash Collateral Until Aug. 30
EL FARMER: To Seek Approval of Plan Disclosures on Aug. 30
EMPIRE RESORTS: Incurs $1.1 Million Net Loss in Second Quarter
EMPIRE TODAY: Moody's Reviews 'Caa1' CFR After Filing Delay

ENDICOTT INTERCONNECT: Bankruptcy Hearing Opens to All Bidders
ENERGY SERVICES: Posts $2.9 Million Net income in June 30 Qtr.
FINJAN HOLDINGS: Plans to Present at 16th Oppenheimer Conference
FIRST NATIONAL: Reports $720,000 Net Income in Second Quarter
FLORIDA GAMING: Wins Authority to Use Cash

FOREVERGREEN WORLDWIDE: Incurs $5,000 Net Loss in Second Quarter
FREESEAS INC: Issues Additional 1 Million Shares to Hanover
G&S METAL: Wants $33MM for Insurance Payout Delays
GENE CHARLES: Court Confirms Modified Second Chapter 11 Plan
GLOBAL CLEAN: Incurs $1.1-Mil. Net Loss in Second Quarter

GLOBALSTAR INC: Incurs $126.3 Million Net Loss in Second Quarter
GRAND CENTREVILLE: Wants to Use Cash Collateral
GRAND CENTREVILLE: Wants to Employ Tavenner & Beran as Counsel
GUITAR CENTER: Incurs $30.9 Million Net Loss in 2nd Quarter
HIGHWAY TECHNOLOGIES: Sept. 27 Set as General Claims Bar Date

HOLT DEVELOPMENT: Wants Until Aug. 29 to Use Cash Collateral
HOLT DEVELOPMENT: Files Schedules of Assets and Liabilities
IES GLOBAL: S&P Corrects Ratings Release
IGPS COMPANY: Wants Case Caption Amended to Reflect Name Change
IGPS COMPANY: Committee Can Retain Emerald as Financial Advisors

INFUSYSTEM HOLDINGS: Posts $105,000 Net Income in Q2
INTERLEUKIN GENETICS: Stockholders Elect Two Directors
INTERNATIONAL COMMERCIAL: Posts $648,900 Net Income in Q2
INVERSIONES ALSACIA: Commences Consent Solicitation, Seeks Waiver
IOWORLDMEDIA INC: Incurs $305,000 Net Loss in Second Quarter

IPC INTERNATIONAL: Section 341(a) Meeting Scheduled for Sept. 11
IPC INTERNATIONAL: Gets Interim OK for $12MM DIP Loan
IRONSTONE GROUP: Incurs $52,000 Net Loss in Second Quarter
ISC8 INC: Obtains $3.4 Million Notes Subscription Commitments
J.C. PENNEY: Ackman Quits Board Over CEO Search Controversy

J.C. PENNEY: Moody's Keeps Ratings over Poor 2nd Qtr. Performance
JACKSON HEWITT: Franchisee Stiffed Workers on OT, Suit Says
JACKSON HEWITT: Says Bankruptcy Precludes $7MM Suit
JAMES RIVER: Commences Exchange Offer for Conv. Senior Notes
JEFFERSON COUNTY, AL: Sees Higher Yields, Size on Ch. 9 Exit Bond

K-V PHARMACEUTICAL: Key Hearing in Bankruptcy Set
KEYUANA LLC: Voluntary Chapter 11 Case Summary
KINBASHA GAMING: Posts $779,000 Net Income in June 30 Quarter
KINGSBURY CORP: Sept. 25 Hearing on US Trustee's Dismissal Motion
KSTW ACQUISITION: Moody's Withdraws Ratings over Kohlberg Pullout

LA CUADRA: Case Summary & 8 Unsecured Creditors
LANDAUER HEALTHCARE: Can Use Cash On Hand to Fund Ch. 11 Sale
LANDAUER HEALTHCARE: Meeting to Form Creditors' Panel on Aug. 26
LEHMAN BROTHERS: UBS Agrees to Pay $120 Million to Settle Claims
LIFE CARE: To Hire Continuum Development as Review Consultant

LIFE CARE: Creditors Committee Gets OK to Tap Akerman as Counsel
LIFE CARE: Files Schedules of Assets and Liabilities
LIFE CARE: Amends List of Top Unsecured Creditors
LIME ENERGY: Incurs $6.7-Mil. Net Loss in First Quarter
MARIA SEEDORFF: Obtains Student Loan Bankruptcy Discharge

METROPLAZA HOTEL: Hearing to Approve Plan Outline on Sept. 3
MILAGRO OIL: Incurs $9.3 Million Net Loss in Second Quarter
MOSS FAMILY: Can Use Fifth Third's Cash Collateral Thru Oct. 31
MOXIE LIBERTY: S&P Raises Prelim. Rating on $435MM Loan to 'B+'
MOUNTAIN PROVINCE: Incurs C$6.3 Million Net Loss in 2nd Quarter

NATIONAL ENVELOPE: To Sell Operating Assets to Cenveo for $25MM
NATIONAL ENVELOPE: Cenveo Enters Into Agreement to Acquire Assets
NEPHROS INC: Reports $671,000 Net Loss in Second Quarter
NEW YORK SKYLINE: Breached Part of Empire State Building Lease
NYTEX ENERGY: Incurs $576,700 Net Loss in Second Quarter

ONCURE HOLDINGS: Chapter 11 Plan of Reorganization Filed
ORCHARD SUPPLY: Unit Files Schedules of Assets and Liabilities
ORCHARD SUPPLY: Allowed to Implement Incentive Plans
ORCHARD SUPPLY: Committee Can Retain Pachulski as Counsel
ORCHARD SUPPLY: Committee Can Tap Alvarez as Financial Advisors

ORECK CORP: Wants to Employ AAC Consulting to Provide Tax Services
ORECK CORP: Can Employ Deloitte Tax as Tax Advisory Consultant
OVERSEAS SHIPHOLDING: US Bank Balks at Exclusivity Extension Bid
PACIFIC GOLD: Incurs $515,000 Net Loss in Second Quarter
PACIFIC THOMAS: Plan Outline Hearing Moved to Sept. 19

PACIFIC THOMAS: Bank of The West Opposes Plan Outline Approval
PATRIOT COAL: Bankruptcy Judge Approves Deal with Miners' Union
PATRIOT COAL: Welcomes Bankruptcy Appellate Panel Ruling
PATRIOT COAL: Peabody Praises Bankruptcy Appellate Panel Ruling
PENINSULA HOSPITAL: Trustee Can Use Cash Collateral Until Sept. 30

PENINSULA HOSPITAL: Trustee Can Employ G. Messer as Plan Fiduciary
PENINSULA HOSPITAL: SAM Employment to Include Insurance Issues
PENINSULA HOSPITAL: Court Denies Motion for Judgment Vs. Trustee
PG&E CORP: Says Gas Penalty Would Push Co. to Brink of Bankruptcy
POINT CENTER: H. Grobstein Succeeds T. Seaman as Ch. 11 Trustee

POLYMER GROUP: Moody's Retains B1 Rating over FiberWeb Deal
PREMIER PAVING: Can Continue Using Cash Collateral Until Sept. 1
PURADYN FILTER: Had $474,000 Net Loss in Second Quarter
PWK TIMBERLAND: Hearing on Exclusivity Extension Resumes Today
QBEX ELECTRONICS: Has Until Aug. 28 to File Chapter 11 Plan

QUALITY DISTRIBUTION: Apollo Had 17.4% Equity Stake at March 13
R&K FABRICATING: Trustee May Amend Suit v. Tokio Marine et al
RAI STIFF: Case Summary & 2 Unsecured Creditors
RAINBOW LAND: Case Now Assigned to Judge Laurel Davis
RESIDENTIAL CAPITAL: FHFA Can Sue Ally Despite ResCap Bankruptcy

RESPONSE BIOMEDICAL: Posts C$3.3 Million Net Income in 2nd Qtr.
REVOLUTION DAIRY: Has Interim OK to Use Cash Collateral to Aug. 22
ROCKWELL MEDICAL: D. Hagelstein Had 4.9% Equity Stake at July 31
SAEXPLORATION HOLDINGS: To Restate Q1 2013 Financial Statements
SAND SPRING CAPITAL III: Plan Confirmation Hearing on September 18

SAVE MOST: Wants to Use Cash Collateral Until Sept. 30
SB PARTNERS: Delays Q2 Form 10-Q to Complete Audit
SCIENTIFIC LEARNING: Incurs $54,000 Net Loss in Second Quarter
SCOOTER STORE: Texas Counties Assert $35,000 in Unpaid Tax Liens
SEANERGY MARITIME: Has Until Oct. 28 to Regain NASDAQ Compliance

SEVEN COUNTIES: Has Authority to Employ CCRE as Realtor
SEVEN COUNTIES: Seeks to Employ Deming Malone as Auditor
SHILO INN: Aug. 27 Hearing on Extension of Lease Decision Period
SHOTWELL LANDFILL: Ragsdale Liggett to Handle Wake County Matters
SHOTWELL LANDFILL: Files Amended Schedules of Assets & Liabilities

SHOTWELL LANDFILL: Offers to Fully Pay Creditors in Installments
SIERRA NEGRA: Global Water Objects to Approval of 3rd Amended DS
SILVERSUN TECHNOLOGIES: Posts $62,000 Net Income in 2nd Quarter
SL GREEN: Moody's Affirms 'Ba1' Sr. Debt Rating; Outlook Stable
SOUND SHORE: Patient Care Ombudsman Can Hire Neubert as Counsel

SPECIALTY PRODUCTS: Loses Bid to Stay $1.1-Bil. Asbestos Ruling
SPEEDEMISSIONS INC: Had $111,400 Net Loss in Second Quarter
SPIRE CORP: Incurs $1.7 Million Net Loss in Second Quarter
STELERA WIRELESS: Wants MOHL as Additional Bankruptcy Counsel
STELERA WIRELESS: Wants to Hire CLG as Primary Bankruptcy Counsel

STELERA WIRELESS: Files Schedules of Assets and Liabilities
STEVE & BARRY'S: Paul Hastings Freed From $50MM Malpractice Case
STONE ROSE: Files Disclosure Statement; Metcalf Bank Paid in Full
STRATUM HOLDINGS: Incurs $247K Net Loss in Second Quarter
SYNAGRO TECHNOLOGIES: Ch 11. Plan, $480MM Buyout Gets Judge's Nod

T SORRENTO: Court Confirms Fourth Amended Chapter 11 Plan
TEE INVESTMENT: Sept. 24 Hearing on Motion to Convert Case
TM REAL: TD Bank Wants to Continue Collecting Payment of Rents
TOUSA INC: Court Okays Disputed Claims Reserve
TRINITY COAL: Files Essar-Sponsored Reorganization Plan

TRINITY COAL: Committee Files Protective Objection to Any Sale
TRINITY COAL: Can Borrow Additional $7MM in Revolving Loans
TRINSEO SA: Moody's Lowers Corp. Family Rating to 'B2'
TRITON AVIATION: S&P Puts 'B-' Rating on CreditWatch Negative
TRIUS THERAPEUTICS: Cubist to Buy Trius at $13.50 Apiece

VAIL LAKE: Sec. 341 Creditors' Meeting Set for Aug. 27
VELATEL GLOBAL: Delays Form 10-Q for Second Quarter
VERSO PAPER: Addresses Additional NYSE Continued Listing Standard
VIDEOTRON LTEE: DBRS Confirms 'BB(high)' Issuer Rating
VIRTUALSCOPICS INC: Expects to Receive NASDAQ Delisting Notice

WOUND MANAGEMENT: Amends Second Quarter Form 10-Q

* Keehn Attys Must Face Malpractice Suit, Calif. Court Says
* McBride & Collier Ducks Class Cert. Over Fees in Ch. 7
* Morgan Drexen Responds to CFPB Lawsuit Over Data Mining
* New York Attorney General Files Lawsuit Against Payday Lenders
* Regulator Subpoenas Banks Over Long Warehouse Queues

* SAC Allowed by Federal Judge to Keep Operating
* U.S. Agrees Not to Prosecute "London Whale"
* U.S. Arrests Seven in $140 Million Penny Stock Fraud Case
* SEC Charges Former Oppenheimer Manager with Misleading Investors
* Accounting Regulator Proposes In-Depth Reports From Auditors

* Moody's to Revise US State Outlook to Stable on Better Economy
* Moody's Notes Slight Rise in Liquidity-Stress Index as of July
* Rise in U.S. Retail Sales Points to Pickup in Spending
* National Credit Default Rates Marginally Increased in July
* U.S. Mortgage Group Forced to Correct Initiative Stats

* U.S. Said to Plan Charges Against Ex-JPMorgan Employees
* Bankruptcy Watchdogs Seek Greater Scrutiny of Legal Fees

* John Samberg Joins Wolf Rifkin as Partner in Reno Office
* McGlinchey's Bankruptcy Lawyers Included in Best Lawyers List
* Waller's Bankruptcy Attorneys Included in Best Lawyers List

* Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

2408 W KENNEDY: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: 2408 W Kennedy LLC
          dba The Kennedy
        303 S. Melville Avenue
        Tampa, FL 33606

Bankruptcy Case No.: 13-10798

Chapter 11 Petition Date: August 15, 2013

Court: United States Bankruptcy Court
       Middle District of Florida (Tampa)

Debtor's Counsel: Alberto F Gomez, Jr., Esq.
                  MORSE & GOMEZ, PA
                  119 S. Dakota Avenue
                  Tampa, FL 33606
                  Tel: (813) 301-1000
                  E-mail: algomez@morsegomez.com

Estimated Assets: $500,001 to $1,000,000

Estimated Debts: $1,000,001 to $10,000,000

A copy of the Company's list of its 20 largest unsecured creditors
is available for free at http://bankrupt.com/misc/flmb13-10798.pdf

The petition was signed by Christopher B. Scott, managing member.


3PEA INTERNATIONAL: Posts $79,800 Net Income in Second Quarter
--------------------------------------------------------------
3Pea International, Inc., filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
net income attributable to the Company of $79,839 on $1.20 million
of revenues for the three months ended June 30, 2013, as compared
with net income attributable to the Company of $1.48 million on
$2.54 million of revenues for the same period during the prior
year.

For the six months ended June 30, 2013, the Company reported net
income attributable to the Company of $306,243 on $3.31 million of
revenues, as compared with net income attributable to the Company
of $1.55 million on $4.03 million of revenues for the same period
last year.

As of June 30, 2013, the Company had $6.60 million in total
assets, $6.80 million in total liabilities and a $197,629 total
stockholders' deficit.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/fYLBmq

                      About 3Pea International

Henderson, Nev.-based 3Pea International, Inc., is a transaction-
based solutions provider.  3PEA through its wholly owned
subsidiary 3PEA Technologies, Inc., focuses on delivering reliable
and secure payment solutions to help healthcare companies,
pharmaceutical companies and payers businesses succeed in an
increasingly complex marketplace.

After auditing the financial statements for year ended Dec. 31,
2011, Sarna & Company, in Thousand Oaks, California, noted that
the Company has suffered recurring losses from operations, which
raise substantial doubt about its ability to continue as a going
concern.

3Pea International reported net income attributable to the
Company of $1.81 million on $6.70 million of revenue for the year
ended Dec. 31, 2012, as compared with net income attributable to
the Company of $215,291 on $3.30 million of revenue for the year
ended Dec. 31, 2011.


ACCO BRANDS: Debt Cuts Prompt Moody's to Change Outlook to Stable
-----------------------------------------------------------------
Moody's Investors Service changes ACCO Brands Corporation's rating
outlook to stable from negative because of the expectation of
continued debt reduction, despite ACCO's modest operating
performance. All ratings were affirmed, including the Ba3
Corporate Family Rating.

"The concerns we expressed last year about ACCO's operating
performance weakness have continued, although the pace of
contraction is moderating," said Kevin Cassidy, Senior Credit
Officer at Moody's Investors Service. "We are stabilizing the
outlook despite the risk of further softness in the near term
because the company is still generating enough free cash flow to
aggressively pay down debt and reduce leverage, measured as
debt/EBITDA, to around 4 times by the end of 2013," he said.

Ratings affirmed:

Corporate Family Rating at Ba3;

Probability of Default Rating at Ba3-PD;

$500 million Senior Unsecured Notes at B1 (LGD 5, 77% from 80%);

Speculative grade liquidity rating at SGL-2

Rating Rationale:

ACCO's Ba3 Corporate Family Rating reflects the likeliness of
continued debt reduction, good size at around $2 billion, product
diversification within office products and solid geographic
diversification. The rating also incorporates Moody's expectation
of longer term improvements in operating performance, despite
weakness in both the Australia/Asia-Pacific region and in the
United States as well as in Europe until recently. The rating
incorporates the cyclicality and the mature nature of the office
and school supplies industry. ACCO serves a consumable segment,
about 60% of which is tied to discretionary consumer spending and
a durable exposure, which is driven more by business spending but
is more vulnerable to cyclicality. Mitigating these factors is
ACCO's solid market position within the office supply product
categories, double digit operating margins, solid free cash flow
generation and good liquidity profile. Moody's also considers the
relevance of ACCO to its largest customers as one of only a few
global suppliers of office products.

The stable outlook reflects Moody's expectation of modest
operating performance improvements in the near to mid-term and a
continued commitment by the company to pay down debt with free
cash flow.

The rating could be downgraded if revenue, earnings and cash flow
don't stabilize as expected or if the company changes its policy
of using its free cash flow to reduce debt. Key credit metrics
driving a potential downgrade would be if EBITA margins fell to
the high single digits for a prolonged period (presently at 12.7%)
or if Debt/EBITDA is sustained above 5 times (currently at 4.6
times, but expected to fall to around 4 times by the end of 2013).

The rating is unlikely to be upgraded in the near term given
ACCO's modest operating performance trends. Over the longer term,
the rating could be upgraded if the company improves its operating
performance and continues to reduce debt. Key credit metrics
driving a potential upgrade are EBITA margins maintained above 15%
and Debt/EBITDA sustained below 3 times.

The principal methodology used in rating ACCO was Moody's Global
Consumer Durables methodology published in October 2010. Other
methodologies used include Loss Given Default for Speculative-
Grade Non-Financial Companies in the U.S., Canada and EMEA
published in June 2009.

ACCO Brands Corporation is a leading supplier of branded office
products, which are marketed in over 100 countries to retailers,
wholesalers, and commercial end-users. The office, school and
calendar product lines use name brands such as: AT-A-GLANCE, Day-
Timer, Five Star, GBC, Hilroy, Marbig Mead, NOBO, Quartet, Rexel,
Swingline, Tilibra and Wilson Jones. The Computer Products Group
sells mostly under the Kensington, Microsaver and ClickSafe brand
names. Revenue approximated $1.9 billion for the twelve months
ending June 30, 2013.


ABERDEEN LAND: Wins Final Approval to Hire Advisors
---------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Florida
authorized, on a final basis, Aberdeen Land II, LLC, to employ

   (i) Henry H. Fiskind, Ph.D. and Fishkind & Associates as the
Debtor's expert consultants, nunc pro tunc to the Petition Date.

  (ii) Paul J. Battista, Esq., and the law firm of Genovese
Joblove & Battista, P.A., as its general bankruptcy counsel, nunc
pro tunc to the Petition Date.

(iii) Kapila & Company as the Debtor's financial consultants and
accountants, nunc pro tunc to the Petition Date.

  (iv) Leigh Kellett Fletcher, Esq., and the law firm of
Kellerhals Ferguson Fletcher Kroblin, PLLC, as the Debtor's
special counsel, nunc pro tunc to the Petition Date.

                      About Aberdeen Land II

Aberdeen Land II, LLC, doing business as Aberdeen, owns
a 1,316-acre master- planned community near Jacksonville, Florida.
The project is designed for 1,623 single-family homes and 395
multi-family units.  More than 1,000 units have been sold, leaving
Aberdeen with 856 undeveloped lots and 28.1 acres zoned for
commercial or residential use.

Aberdeen filed a Chapter 11 petition (Bankr. M.D. Fla. Case No.
13-04103) on July 1, 2013, in Jacksonville, Florida.  The Debtor
has tapped Genovese Joblove & Battista, P.A., as counsel, Kapila &
Company as accountant, Kellerhals Ferguson Fletcher Kroblin, PLLC,
as special counsel, and Fishkind & Associates as expert
consultants.

The Debtor disclosed $41,165,861 in assets and $30,605,713 in
liabilities in its schedules.  Aberdeen owes $24 million in bonds
that financed the project and more than $20 million to secured
lenders with mortgages on the property.


AGFEED INDUSTRIES: Enters into Consulting Agreement with G. Leeper
------------------------------------------------------------------
AgFeed USA, LLC, et al., seek authority from the U.S. Bankruptcy
Court for the District of Delaware to enter into a consulting
agreement with Gerald Leeper, dated July 15, 2013.

Under the consulting agreement, Mr. Leeper will provide the
Debtors with the following services:

   (a) review documents and consult with the bankruptcy counsel
       and other professionals concerning the marketing and sale
       of the Debtors' assets;

   (b) coordinate with the professionals the development of due
       diligence materials for the assets;

   (c) identify and contact potential purchasers of the assets;

   (d) maintain records of any communications and provide these
       records to the Debtors;

   (e) work with the professionals in reviewing and negotiating
       the terms of any sale of the assets; and

   (f) provide assistance in seeking Court approval of any sale of
       the assets.

Upon the closing of a sale of the Debtors' assets, Mr. Leeper will
be paid a fee of one-tenth of one percent of the gross selling
price of the particular asset sold and any pre-approved out-of-
pocket expenses.

Although the Debtors propose to employ Mr. Leeper pursuant to
Section 363(b) of the Bankruptcy Code, Mr. Leeper nonetheless
assures the Court that he neither holds nor represents an interest
adverse to the Debtors' estates and is a "disinterested person" as
defined in Section 101(14) of the Bankruptcy Code.

                      About Agfeed Industries

AgFeed Industries, formerly known as M2 P2, LLC, is an
international agribusiness with operations in the U.S. and China.
AgFeed has two business lines: animal nutrition in premix,
concentrates and complete feeds and hog production.  In the U.S.,
AgFeed's hog production unit, M2P2, is a market leader in setting
new standards for production efficiency and productivity.  AgFeed
believes the transfer of these processes, procedures and
techniques will allow its new Western-style Chinese hog production
units to set new standards for production in China.  China is the
world's largest pork market consuming 50 percent of global
production and over 62 percent of total protein consumed in China
is pork.  Hog production in China currently enjoys income tax free
status.

AgFeed Industries, Inc., and its affiliates filed voluntary
petitions under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Case No. 13-11761) on July 15, 2013, with a deal to sell most of
its subsidiaries to The Maschhoffs, LLC, for cash proceeds of $79
million, absent higher and better offers.  The Debtors estimated
assets of at least $100 million and debts of at least $50 million.

Keith A. Maib signed the petition as chief restructuring officer.
Hon. Brendan Linehan Shannon presides over the case.  Donald J.
Bowman, Jr., and Robert S. Brady, Esq., at Young, Conaway,
Stargatt & Taylor, serve as the Debtors' counsel.   BDA Advisors
Inc. acts as the Debtors' financial advisor.  The Debtors' claims
and noticing agent is BMC Group, Inc.


AGFEED INDUSTRIES: Taps Keith Maib as Restructuring Officer
-----------------------------------------------------------
AgFeed USA, LLC, et al., seek authority from the U.S. Bankruptcy
Court for the District of Delaware to employ Mackinac Partners,
LLC, as their restructuring advisor, and designate Keith A. Maib
as their chief restructuring officer.

The hourly billing rates for professionals assigned to the
engagement by Mackinac are as follows:

   James A. Weissenborn, Partner              $575
   Keith A. Maib, Senior Managing Director    $575
   Dennis M. Alt, Managing Director           $550
   Matthew A. Beresh, Managing Director       $425
   Josh Holley, Director                      $305
   Robert Relief, Analyst                     $195

In addition, the firm will be reimbursed for any necessary out-of-
pocket expenses.

Mr. Maib assures the Court that his firm is a "disinterested
person" as the term is defined in Section 101(14) of the
Bankruptcy Code and does not represent any interest adverse to the
Debtors and their estates.

As of July 31, 2013, AgFeed USA has paid Mackinac a $350,000 cash
retainer, as well as fees in the aggregate amount of $1,043,286,
and expenses in the aggregate amount of $72,734.

                      About Agfeed Industries

AgFeed Industries, formerly known as M2 P2, LLC, is an
international agribusiness with operations in the U.S. and China.
AgFeed has two business lines: animal nutrition in premix,
concentrates and complete feeds and hog production.  In the U.S.,
AgFeed's hog production unit, M2P2, is a market leader in setting
new standards for production efficiency and productivity.  AgFeed
believes the transfer of these processes, procedures and
techniques will allow its new Western-style Chinese hog production
units to set new standards for production in China.  China is the
world's largest pork market consuming 50 percent of global
production and over 62 percent of total protein consumed in China
is pork.  Hog production in China currently enjoys income tax free
status.

AgFeed Industries, Inc., and its affiliates filed voluntary
petitions under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Case No. 13-11761) on July 15, 2013, with a deal to sell most of
its subsidiaries to The Maschhoffs, LLC, for cash proceeds of $79
million, absent higher and better offers.  The Debtors estimated
assets of at least $100 million and debts of at least $50 million.

Keith A. Maib signed the petition as chief restructuring officer.
Hon. Brendan Linehan Shannon presides over the case.  Donald J.
Bowman, Jr., and Robert S. Brady, Esq., at Young, Conaway,
Stargatt & Taylor, serve as the Debtors' counsel.   BDA Advisors
Inc. acts as the Debtors' financial advisor.  The Debtors' claims
and noticing agent is BMC Group, Inc.


AGFEED INDUSTRIES: Employs BDA as Investment Banker
---------------------------------------------------
AgFeed USA, LLC, et al., seek authority from the U.S. Bankruptcy
Court for the District of Delaware to employ BDA Advisors, Inc.,
and its parent company Business Development Asia (HK) Ltd., as
investment banker.

AgFeed USA retained BDA Advisors to act as the exclusive lead
investment banker and financial advisor in connection with a
divestiture of AgFeed USA of a large proportion of its assets or a
joint venture or other strategic partnership between AgFeed USA
and a third party.  Under its engagement agreement with AgFeed
USA, BDA will be paid $50,000 per month for the first six months
of the engagement.  BDA will also charge a success fee equivalent
to 2.0% of the transaction value, with a minimum success fee of
$600,000 per transaction.  The firm will also be reimbursed for
any reasonable out-of-pocket expenses.

AgFeed USA's parent company, AgFeed Industries, previously
retained and continues to retain the parent of BDA Advisors, BDA
Ltd. to act as its exclusive lead investment banker and financial
advisor in connection with the strategic review of the businesses
and assets of AgFeed Industries, the possible divestiture, joint
venture, or other strategic partnership with a third party, and
the refinancing of certain debt facilities.

Under the engagement agreement with AgFeed Industries, BDA will be
paid a retainer of $20,000 per month for 12 months.  A threshold
payment of $100,000 was payable in two installments on February
and April 2012.  AgFeed Industies also issued BDA 200,000 non-
cancellable common stock warrants of AgFeed Industries with an
exercise price equal to the closing price on the date of grant.

Euan Rellie, president of BDA Advisors, Inc., and a senior
managing director of Business Development Asia (HK) Ltd., assures
the Court that his firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

                      About Agfeed Industries

AgFeed Industries, formerly known as M2 P2, LLC, is an
international agribusiness with operations in the U.S. and China.
AgFeed has two business lines: animal nutrition in premix,
concentrates and complete feeds and hog production.  In the U.S.,
AgFeed's hog production unit, M2P2, is a market leader in setting
new standards for production efficiency and productivity.  AgFeed
believes the transfer of these processes, procedures and
techniques will allow its new Western-style Chinese hog production
units to set new standards for production in China.  China is the
world's largest pork market consuming 50 percent of global
production and over 62 percent of total protein consumed in China
is pork.  Hog production in China currently enjoys income tax free
status.

AgFeed Industries, Inc., and its affiliates filed voluntary
petitions under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Case No. 13-11761) on July 15, 2013, with a deal to sell most of
its subsidiaries to The Maschhoffs, LLC, for cash proceeds of $79
million, absent higher and better offers.  The Debtors estimated
assets of at least $100 million and debts of at least $50 million.

Keith A. Maib signed the petition as chief restructuring officer.
Hon. Brendan Linehan Shannon presides over the case.  Donald J.
Bowman, Jr., and Robert S. Brady, Esq., at Young, Conaway,
Stargatt & Taylor, serve as the Debtors' counsel.   BDA Advisors
Inc. acts as the Debtors' financial advisor.  The Debtors' claims
and noticing agent is BMC Group, Inc.


AGFEED INDUSTRIES: Hires BMC Group as Administrative Advisor
------------------------------------------------------------
AgFeed USA, LLC, et al., seek authority from the U.S. Bankruptcy
Court for the District of Delaware to employ BMC Group, Inc., as
administrative advisor.

Tinamarie Feil, president of client services for BMC Group, Inc.,
assures the Court that her firm is a "disinterested person" as
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors.

                      About Agfeed Industries

AgFeed Industries, formerly known as M2 P2, LLC, is an
international agribusiness with operations in the U.S. and China.
AgFeed has two business lines: animal nutrition in premix,
concentrates and complete feeds and hog production.  In the U.S.,
AgFeed's hog production unit, M2P2, is a market leader in setting
new standards for production efficiency and productivity.  AgFeed
believes the transfer of these processes, procedures and
techniques will allow its new Western-style Chinese hog production
units to set new standards for production in China.  China is the
world's largest pork market consuming 50 percent of global
production and over 62 percent of total protein consumed in China
is pork.  Hog production in China currently enjoys income tax free
status.

AgFeed Industries, Inc., and its affiliates filed voluntary
petitions under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Case No. 13-11761) on July 15, 2013, with a deal to sell most of
its subsidiaries to The Maschhoffs, LLC, for cash proceeds of $79
million, absent higher and better offers.  The Debtors estimated
assets of at least $100 million and debts of at least $50 million.

Keith A. Maib signed the petition as chief restructuring officer.
Hon. Brendan Linehan Shannon presides over the case.  Donald J.
Bowman, Jr., and Robert S. Brady, Esq., at Young, Conaway,
Stargatt & Taylor, serve as the Debtors' counsel.   BDA Advisors
Inc. acts as the Debtors' financial advisor.  The Debtors' claims
and noticing agent is BMC Group, Inc.


ALLY FINANCIAL: To Buy Back Preferred Stock from U.S.
-----------------------------------------------------
Andrew R. Johnson, writing for The Wall Street Journal, reported
that Ally Financial Inc. is taking new steps to repay the U.S.
government for its financial crisis-era bailout and free itself
from federal control.

According to the report, the Detroit-based auto-loan maker said it
has reached agreements to sell about $1 billion of common stock to
investors. The sales would boost Ally's capital levels enough to
allow it to buy back $5.9 billion in preferred shares owned by the
U.S. Treasury, if regulators approve the transaction.

All told, the U.S. government pumped $17.2 billion into Ally
during the financial crisis through the Troubled Asset Relief
Program, the report related. To date, Ally has repaid about $6.2
billion.

"These transactions are key steps in Ally's journey toward
repaying the remaining investment by the U.S. taxpayer," Chief
Executive Michael Carpenter said in a statement, the report
further related.

Ally, which began as General Motors Co.'s financing arm, will
remain under federal control even after the sales. Assuming the
transactions go according to plan, the government's stake in Ally
would be reduced to about 65% from 74%, according to the company.

                       About Ally Financial

Ally Financial Inc., formerly GMAC Inc. -- http://www.ally.com/--
is one of the world's largest automotive financial services
companies.  The Company offers a full suite of automotive
financing products and services in key markets around the world.
Ally's other business units include mortgage operations and
commercial finance, and the company's subsidiary, Ally Bank,
offers online retail banking products.  Ally operates as a bank
holding company.

GMAC obtained a $17 billion bailout from the U.S. government in
exchange for a 56.3 percent stake.  Private equity firm Cerberus
Capital Management LP keeps 14.9 percent, while General Motors Co.
owns 6.7 percent.

Ally Financial Inc. reported net income of $1.19 billion for the
year ended Dec. 31, 2012, as compared with a net loss of $157
million during the prior year.


AMERICAN AIRLINES: No Breakup Fee Coming If DOJ Blocks $11B Merger
------------------------------------------------------------------
Law360 reported that if American Airlines Inc. and US Airways
Group Inc.'s $11 billion merger falls apart on antitrust grounds,
don't look for a billion-dollar breakup fee.  There isn't one.

According to the report, the merger, which was challenged last
week by federal and state regulators, though includes termination
fees for all the other standard scenarios -- what happens if one
airline gets a better offer, if creditors in American's bankruptcy
change their mind, if either party breaks its promises under the
agreement.

The antitrust suit is UNITED STATES OF AMERICA et al v.
COMMONWEALTH OF VIRGINIA et al., Case No. 1:13-cv-01236 (D.D.C.).

                       About American Airlines

AMR Corp. and its subsidiaries including American Airlines, the
third largest airline in the United States, filed for bankruptcy
protection (Bankr. S.D.N.Y. Lead Case No. 11-15463) in Manhattan
on Nov. 29, 2011, after failing to secure cost-cutting labor
agreements.  AMR, previously the world's largest airline prior to
mergers by other airlines, is the last of the so-called U.S.
legacy airlines to seek court protection from creditors.

Weil, Gotshal & Manges LLP serves as bankruptcy counsel to the
Debtors.  Paul Hastings LLP and Debevoise & Plimpton LLP Groom Law
Group, Chartered, are on board as special counsel.  Rothschild
Inc., is the financial advisor.  Garden City Group Inc. is the
claims and notice agent.

Jack Butler, Esq., John Lyons, Esq., Felecia Perlman, Esq., and
Jay Goffman, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP
serve as counsel to the Official Committee of Unsecured Creditors
in AMR's chapter 11 proceedings.  Togut, Segal & Segal LLP is the
co-counsel for conflicts and other matters; Moelis & Company LLC
is the investment banker, and Mesirow Financial Consulting, LLC,
is the financial advisor.

The Retiree Committee is represented by Jenner & Block LLP's
Catherine L. Steege, Esq., Charles B. Sklarsky, Esq., and Marc B.
Hankin, Esq.

AMR and US Airways Group, Inc., on Feb. 14, 2013, announced a
definitive merger agreement under which the companies will combine
to create a premier global carrier, which will have an implied
combined equity value of approximately $11 billion.  The deal is
subject to clearance by U.S. and foreign regulators and by the
bankruptcy judge overseeing AMR's bankruptcy case.

In April 2013, AMR filed a Chapter 11 plan of reorganization that
will carry out the merger.  By distributing stock in the merged
airlines, the plan is designed to pay all creditors in full, with
interest. The hearing before the Court to consider confirmation of
the Plan is scheduled for Aug. 15, 2013.

Bankruptcy Creditors' Service, Inc., publishes AMERICAN AIRLINES
BANKRUPTCY NEWS.  The newsletter tracks the Chapter 11 proceeding
undertaken by AMR Corp. and its affiliates.
(http://bankrupt.com/newsstand/or 215/945-7000)


AMERICAN POWER: Had $384,000 Net Loss in June 30 Quarter
--------------------------------------------------------
American Power Group Corporation filed with the U.S. Securities
and Exchange Commission its quarterly report on Form 10-Q
disclosing a net loss available to common shareholders of $384,197
on $2.15 million of net sales for the three months ended June 30,
2013, as compared with a net loss available to common shareholders
of $11.69 million on $889,577 of net sales for the same period
last year.

For the nine months ended June 30, 2013, the Company reported a
net loss available to common shareholders of $2.03 million on
$4.87 million of net sales, as compared with a net loss available
to common shareholders of $13.94 million on $1.85 million of net
sales for the same period during the prior year.

The Company's balance sheet at June 30, 2013, showed $10.50
million in total assets, $4.01 million in total liabilities and
$6.49 million in total stockholders' equity.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/HfaoEm

                    About American Power Group

American Power Group's alternative energy subsidiary, American
Power Group, Inc., provides a cost-effective patented Turbocharged
Natural GasTM conversion technology for vehicular, stationary and
off-road mobile diesel engines.  American Power Group's dual fuel
technology is a unique non-invasive energy enhancement system that
converts existing diesel engines into more efficient and
environmentally friendly engines that have the flexibility to run
on: (1) diesel fuel and liquefied natural gas; (2) diesel fuel and
compressed natural gas; (3) diesel fuel and pipeline or well-head
gas; and (4) diesel fuel and bio-methane, with the flexibility to
return to 100% diesel fuel operation at any time.  The proprietary
technology seamlessly displaces up to 80% of the normal diesel
fuel consumption with the average displacement ranging from 40% to
65%.  The energized fuel balance is maintained with a proprietary
read-only electronic controller system ensuring the engines
operate at original equipment manufacturers' specified
temperatures and pressures.  Installation on a wide variety of
engine models and end-market applications require no engine
modifications unlike the more expensive invasive fuel-injected
systems in the market. See additional information at:
www.americanpowergroupinc.com.

American Power incurred a net loss available to common
shareholders of $14.66 million for the year ended Sept. 30, 2012,
compared with a net loss available to common shareholders of $6.81
million during the prior year.


AMTROL HOLDINGS: 3rd Cir. Defers on State Hazmat Suit Preemption
----------------------------------------------------------------
Law360 reported that the Third Circuit deferred to the U.S.
Department of Transportation's finding that federal law preempts
private lawsuits that seek to establish state common law
requirements for hazardous material packaging, dealing a blow to a
wrongful death action brought against Amtrol Holdings Inc. in
Delaware bankruptcy court.

According to the report, a three-judge panel for the appeals court
found that the DOT's finding is entitled to deference under the
U.S. Supreme Court's guidance on when to accede to an agency's
interpretation of a statute that it administers.

                         About Amtrol Inc.

Based in West Warwick, Rhode Island, Amtrol Inc. --
http://www.amtrol.com/-- manufactures and markets water storage
and pressure control products, water heaters and cylinders.  The
company's major products include pressure tanks used in well
water, hydronic heating and potable hot water applications,
indirect-fired water heaters, and both LPG and disposable
refrigerant gas cylinders.

The company and three of its affiliates filed for chapter 11
protection on Dec. 18, 2006 (Bankr. D. Del. Lead Case No.
06-11446).  The Court confirmed the Debtors' First Amended Joint
Plan of Reorganization on May 24, 2007.


APPLIED DNA: Incurs $2.1 Million Net Loss in June 30 Quarter
------------------------------------------------------------
Applied DNA Sciences, Inc., filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $2.13 million on $644,842 of revenues for the three
months ended June 30, 2013, as compared with a net loss of $1.42
million on $528,574 of revenues for the same period last year.

For the nine months ended June 30, 2013, the Company reported a
net loss of $13.96 million on $1.30 million of revenues, as
compared with a net loss of $5.38 million on $1.56 million of
revenues for the same period during the prior year.

The Company's balance sheet at June 30, 2013, showed $3.84 million
in total assets, $1.53 million in total liabilities and $2.30
million in total stockholders' equity.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/qnrmaV

                         About Applied DNA

Stony Brook, N.Y.-based Applied DNA Sciences, Inc., is principally
devoted to developing DNA embedded biotechnology security
solutions in the United States.  The Company's shares of common
stock are quoted on the OTC Bulletin Board under the symbol
"APDN."

Applied DNA incurred a net loss of $7.15 million for the
year ended Sept. 30, 2012, compared with a net loss of $10.51
million for the year ended Sept. 30, 2011.


ARI-RC 3: Cash Collateral Hearing Continued to Sept. 11
-------------------------------------------------------
ARI-RC 3, LLC, et al., entered into a stipulation continuing the
hearing dates and briefing deadline on the Debtors' (i) emergency
motion authorizing use of cash collateral; and (ii) emergency
motion to implement and maintain the proposed cash management
system.

The stipulation, entered among the Debtors, U.S. Bank, National
Association, as lender, and the Office of the U.S. Trustee,
provides that, among other things, the final hearing will be
continued from Sept. 5, 2013, to Sept. 11, at 10 a.m. or such
further date and later date as is convenient with the Court's
schedule.

The Court will consider approval of the stipulation at a hearing
on Sept. 5.

On Aug. 7, the Court entered an interim order authorizing the
Debtors' interim use of cash collateral to pay all of the
operational expenses and set a Sept. 5 final hearing.  The Debtors
are authorized to deviate from the line items contained in the
budget by not more than 10%, on both a line-item and aggregate
basis, unless the Lender consents otherwise.

As adequate protection from any diminution in value of the
lender's collateral, the Debtors will grant the lender replacement
liens on the postpetition rents, revenues, issues and profits of
each of the Debtors, with such replacement liens to have the same
extent, validity, scope, and priority as its prepetition liens.

                        About ARI-RC 3, LLC

Steamboat Springs, Colorado-based ARI-RC 3, LLC, et al., filed for
Chapter 11 protection on Aug. 1, 2013, (Bankr. C. D. Calif. Lead
Case No. 13-15108).  John-Patrick M. Fritz, Esq., at Levene Neale
Bender Rankin et al., represents the Debtor in its restructuring
effort.  The Debtors estimated assets at $10 million to
$50 million as of the Chapter 11 filing.

The petitions were signed by R. Frederick Hodder, Jr. and Monroe
Sawhill Hodder, trustees.

Some of their affiliates sought Chapter 11 protection on Aug. 2,
2013, while other sought Chapter 11 protection on July 15, 2013.


ARI-RC 3: U.S. Bank Wants Relief of Stay in Thousand Oaks Property
------------------------------------------------------------------
U.S. Bank National Association asks the U.S. Bankruptcy Court for
the Central District of California for relief from the automatic
stay to exercise its rights with respect to ARI-RC 3, LLC, et
al.'s property located at 1525 and 1535 Rancho Conejo Boulevard,
Thousand Oaks, California.  U.S. Bank explains that the Debtor has
no equity in the property and is not necessary to an effective
reorganization.

U.S. Bank, as Trustee for the Registered Holders of ML-CFC
Commercial Mortgage Trust 2007-5, Commercial Mortgage Pass-Through
Certificates, Series 2007-5, by and through CWCapital Asset
Management LLC, solely in its capacity as Special Servicer, is the
only creditor in the Debtors' cases.

Keith C. Owens, Esq. -- kowens@venable.com -- at Venable LLP
represents U.S. Bank.

The Court will consider the motion at a Sept. 25, 2013, hearing at
10 a.m.

                        About ARI-RC 3, LLC

Steamboat Springs, Colorado-based ARI-RC 3, LLC, et al., filed for
Chapter 11 protection on Aug. 1, 2013, (Bankr. C. D. Calif. Lead
Case No. 13-15108).  John-Patrick M. Fritz, Esq., at Levene Neale
Bender Rankin et al., represents the Debtor in its restructuring
effort.  The Debtors estimated assets at $10 million to
$50 million as of the Chapter 11 filing.

The petitions were signed by R. Frederick Hodder, Jr. and Monroe
Sawhill Hodder, trustees.

Some of their affiliates sought Chapter 11 protection on Aug. 2,
2013, while other sought Chapter 11 protection on July 15, 2013.


ASHTON GROVE: Seeks to Employ Streusand Landon as Counsel
---------------------------------------------------------
Ashton Grove, L.C., seeks authority from the U.S. Bankruptcy Court
for the Western District of Texas, Midland Division, to employ
Streusand, Landon & Ozburn, LLP, as primary bankruptcy counsel.

Sabrina L. Streusand, Esq., partner at SLO, will act as lead
attorney for the Debtor in the Chapter 11 case.

SLO received a total retainer of $20,000 from the Debtor prior to
the Petition Date.  Of that retainer, $10,000 was used to pay fees
and expenses incurred prepetition.  As of the Petition Date, the
firm has a remaining credit balance held in its trust account in
favor of the Debtor for future professional services to be
performed, and expenses incurred, in the approximate amount of
$10,000.

Each month following the Petition Date, on behalf of the Debtor,
W. Dow Hamm, Jr., the Debtor's founder, will transfer an
additional $10,000 to SLO for deposit in the firm's client trust
account to augment the initial retainer.  WDH Jr. will continue to
makes these monthly deposits as long as the Chapter 11 case is
pending.

The primary attorneys and parelegals who will represent the Debtor
and their current standard hourly rates are the following:

   Sabrina L. Streusand, Esq.                          $400
   G. James Landon, Esq. -- landon@slollp.com          $390
   Seth E. Meisel, Esq. -- meisel@streusandlandon.com  $325
   Richard D. Villa, Esq. -- villa@slollp.com          $325
   Arlana L. Prentice, Paralegal                       $175

The firm will also be reimbursed for any necessary out-of-pocket
expenses.

Ms. Streusand assures the Court that her firm is a "disinterested
person" as the term is defined in Section 101(14) of the
Bankruptcy Code and does not represent any interest adverse to the
Debtor and its estate.

Midland, Texas-based Ashton Grove, L.C., sought protection under
Chapter 11 of the Bankruptcy Code on Aug. 12, 2013 (Bankruptcy
Case No.: 13-70104, Bankr. W.D. Tex.).  Judge Ronald B. King
oversees the case.


ASHTON GROVE: Section 341(a) Meeting Set on September 10
--------------------------------------------------------
A meeting of creditors in the bankruptcy case of Ashton Grove,
L.C., will be held on Sept. 10, 2013, at 11:00 a.m. at Midland
Room 124.  Creditors have until Dec. 9, 2013, to submit their
proofs of claim.

This is the first meeting of creditors required under Section
341(a) of the Bankruptcy Code in all bankruptcy cases.

All creditors are invited, but not required, to attend.  This
meeting of creditors offers the one opportunity in a bankruptcy
proceeding for creditors to question a responsible office of the
Debtor under oath about the company's financial affairs and
operations that would be of interest to the general body of
creditors.

Ashton Grove, L.C., filed a bare-bones Chapter 11 petition (Bankr.
W.D. Tex. Case No. 13-70104) in Midland, Texas, on Aug. 12.
Sabrina L. Streusand, Esq., at Streusand Landon & Ozburn, LLP, in
Austin, serves as counsel.  The Debtor estimated at least $10
million in assets and less than $10 million in liabilities.
Judge Ronald B. King presides over the case.  The petition was
signed by William Dow Hamm, III, board chairman/president of W.
Dow Hamm III Corp.


ATLANTIC POWER: DBRS Lowers Issuer Rating to 'B(high)'
------------------------------------------------------
DBRS has downgraded the Issuer Rating and the Senior Unsecured
Debt & Medium-Term Notes of Atlantic Power Limited Partnership
(APLP) to B (high) from BB, and the rating of Atlantic Power
Preferred Equity Ltd.'s Cumulative Preferred Shares to Pfd-5
(high) from Pfd-4. The trends on all ratings are now Negative.
The ratings of APLP are based on the credit quality of Atlantic
Power Corporation (ATP or the Company; not rated by DBRS) given
that APLP guarantees the majority of ATP's debt at the holding
company level (22% of consolidated debt as at June 30, 2013).

On May 28, 2013, DBRS placed the ratings Under Review with
Negative Implications.  The rating action reflected DBRS's
concerns about (1) the continued challenging market environment
and its impact on ATP's credit risk profile and (2) weaker
liquidity as the Company faces difficulty accessing the equity
market.  The Company recently released its Q2 2013 financial
results, which were relatively weak due to the ongoing weak
electricity pricing fundamentals, negatively affecting the
profitability of ATP's merchant portfolio and its ability to renew
power contracts when they are due in certain markets.  As a
result, the Company's credit metrics have weakened and are no
longer consistent with the "BB" range rating.

The Negative trend reflects DBRS's view that the Company's key
ratios could weaken further as a meaningful recovery of the
wholesale power market will be challenging.  The wholesale
electricity market outlook remains weak and creates uncertainties
associated with the renewal of certain long-term contracts, such
as Selkirk (expires in August 2014), Tunis (December 2014) and
Greeley (August 2013).  In the absence of business environment
improvement, ATP will likely have to execute a combination of the
following to improve its financial profile: (1) capital and
operating expense spending curtailment, (2) dividend reduction and
(3) further asset sales.  If ATP is successful in implementing a
sustainable recovery, which would be largely influenced by the
timing of the electricity price recovery, DBRS could consider
changing the trend to Stable.  However, should ongoing weak
business fundamentals remain and key financial metrics deteriorate
further, DBRS will likely take a further negative rating action.

DBRS acknowledges that ATP successfully executed an amendment to
its senior credit facility on August 2, 2013.  However, liquidity
decreased significantly.  Under the amended credit facility, the
borrowing capacity was reduced to $150 million from $300 million
and ATP is required to maintain at all times unrestricted cash and
cash equivalents of at least $75 million as security for the
credit facility.  Furthermore, the Company anticipates that it may
not meet the provision under its 9% senior unsecured notes
requiring its fixed-charge coverage ratio to be no less than 1.75x
to 1.00x during the third quarter of 2014.  ATP is currently
considering various initiatives to maintain compliance with this
covenant, including debt reduction, expense reduction and asset
optimization.

The rating benefits from long-term power contracts (over 90% of
ATP's generation assets), providing cash flow stability.  In
addition, during 2013, ATP completed the sale of certain projects
(see the rating report dated May 31, 2013, for more detail).  DBRS
views the divestitures as a moderately positive factor as the
majority of the projects sold had power purchase agreements
expiring in 2013 and a portion of the proceeds were used to repay
the outstanding borrowings under the senior credit facility.


ATP OIL: Files Schedules of Assets and Liabilities
--------------------------------------------------
ATP Oil & Gas Corporation delivered to the U.S. Bankruptcy Court
for the Southern District of Texas, Houston Division, its
schedules of assets and liabilities disclosing:

A. Real Property                                           N/A
B. Personal Property
B.1 Cash on hand                                          $200
B.2 Bank Accounts                                    9,189,575
B.3 Security Deposits with public utilities          9,235,273
B.9 Interests in insurance policies                  5,450,000
B.13 Stock and interests                           892,154,554
B.16 Accounts receivable                           757,253,246
B.28 Office equipment, furnishings, and supplies       268,513
B.29 Machinery, fixtures, equipment & supplies   1,291,424,568

   TOTAL SCHEDULED ASSETS                       $2,964,975,931
   ===========================================================

C. Property Claimed as Exempt
D. Creditors Holding Secured Claims             $2,032,708,051
E. Creditors Holding Unsecured Priority Claims           9,921
F. Creditors Holding Unsecured Nonpriority Claims  754,946,327

   TOTAL SCHEDULED LIABILITIES                  $2,787,664,299
   ===========================================================

Full-text copies of the Schedules are available for free at:

        http://bankrupt.com/misc/ATPOILsal0801.pdf

                          About ATP Oil

Houston, Tex.-based ATP Oil & Gas Corporation is an international
offshore oil and gas development and production company focused
in the Gulf of Mexico, Mediterranean Sea and North Sea.

ATP Oil & Gas filed a Chapter 11 petition (Bankr. S.D. Tex. Case
No. 12-36187) on Aug. 17, 2012.  Attorneys at Mayer Brown LLP,
serve as bankruptcy counsel.  Munsch Hardt Kopf & Harr, P.C., is
the conflicts counsel.  Motley Rice LLC and Fayard & Honeycutt,
APC serve as special counsel.  Opportune LLP is the financial
advisor and Jefferies & Company is the investment banker.
Kurtzman Carson Consultants LLC is the claims and notice agent.

ATP disclosed assets of $3.6 billion and $3.5 billion of
liabilities as of March 31, 2012.  Debt includes $365 million on a
first-lien loan where Credit Suisse AG serves as agent.  There is
$1.5 billion on second-lien notes with Bank of New York Mellon
Trust Co. as agent.  ATP's other debt includes $35 million on
convertible notes and $23.4 million owing to third parties for
their shares of production revenue.  Trade suppliers have claims
for $147 million, ATP said in a court filing.

An official committee of unsecured creditors has been appointed in
the case.  Evan R. Fleck, Esq., at Milbank, Tweed, Hadley &
McCloy, in New York, represents the Creditors Committee as
counsel.

A 7-member panel of equity security holders has also been
appointed in the case.  Kyung S. Lee, Esq., and Charles M. Rubio,
Esq. of Diamond McCarthy LLP, in Houston, Texas, serve as counsel
to the Equity Committee.

ATP is seeking court approval to sell substantially all of its
Deepwater Assets and Shelf Property Assets.


AVIS BUDGET: Supplemental Indenture No Impact on Moody's Ratings
----------------------------------------------------------------
Moody's Investors Service reports that the execution of the
Supplemental Indenture No. 3 to the Second Amended and Restated
Base Indenture, the Fourth Amendment to the Amended and Restated
Master Motor Vehicle Finance Lease Agreement, the Third Amendment
to the Amended and Restated Loan Agreement, the Fourth Amendment
to the Second Amended and Restated Master Motor Vehicle Operating
Lease Agreement, the Third Amendment to the Second Amended and
Restated Loan Agreement, and the First Amendment to the Second
Amended and Restated Administration Agreement (together, the
Amendments), each dated as of 16 August, 2013, in and of
themselves and at this time, will not result in a reduction,
withdrawal, or placement under review for possible downgrade of
any of the ratings currently assigned to the outstanding series of
notes (the Outstanding Notes) issued by Avis Budget Rental Car
Funding (AESOP) LLC, an affiliate of Avis Budget Car Rental, LLC
(B2) (Avis).

Rationale:

Among other changes, the Amendments permit AESOP to acquire
previously used cars and lease such cars to Avis. The maximum
amount of used cars permitted to be leased is currently limited to
5% of the net book value of the vehicles. In addition, the
Amendments modify the depreciation rate for non-program vehicles
from a fixed rate of 1.67% to a rate of at least 1.67%, which
reflects the current operating process.

Used vehicles will be depreciated at higher rates than comparable
vehicles acquired new directly from their manufacturers. A higher
depreciation rate lowers the net book value of the fleet's
vehicles, thereby effectively increasing credit enhancement
available to investors. These changes modify the rental program in
a manner consistent with Avis' Canadian rental car program, WTH
Car Rental ULC.

As a result, Moody's believed that the execution of the Amendments
did not have an adverse effect on the credit quality of the
Outstanding Notes such that their Moody's ratings were impacted.
Moody's ratings address only the credit risks associated with the
transaction. Other non-credit risks have not been addressed, but
may have significant effect on yield and/or other payments to
investors. This press release should not be taken to imply that
there will be no adverse consequence for investors since in some
cases such consequences will not impact the rating.

The principal methodology used in this rating was "Moody's Global
Approach to Rating Rental Car ABS and Rental Truck ABS," published
in July 2011.


AXESSTEL INC: Incurs $2.5 Million Net Loss in Second Quarter
------------------------------------------------------------
Axesstel, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $2.52 million on $1.21 million of revenues for the three months
ended June 30, 2013, as compared with net income of $895,511 on
$15.53 million of revenues for the same period last year.

For the six months ended June 30, 2013, the Company reported a net
loss of $2.44 million on $11.34 million of revenues, as compared
with net income of $1.36 million on $27.56 million of revenues for
the same period during the prior year.

Axesstel disclosed net income of $4.31 million for the year ended
Dec. 31, 2012, as compared with net income of $1.09 million during
the prior year.

As of June 30, 2013, the Company had $16.36 million in total
assets, $25.39 million in total liabilities and a $9.02 million
total stockholders' deficit.

Clark Hickock, CEO of Axesstel, stated, "The second quarter of
2013 was a 'perfect storm' for Axesstel, with several issues
hitting us all at the same time. We experienced a drop in sales of
our traditional products, a delay in the launch of our new product
lines, and slow collection of receivables that impacted our cash
and working capital position. While we did not anticipate the
timing or concurrence of these events, they are each known risks
inherent to our business, and we are aggressively managing our way
through them. At the same time, and despite the launch delays, our
new Home Alert products have generated opportunities that will be
very significant if we can convert them to firm orders."

"If we are unable generate sufficient revenues to pay our expenses
and our other existing sources of cash are insufficient to fund
our activities, we will need to raise additional funds to continue
our operations.  We do not currently have any arrangements in
place to provide additional funds.  If needed, those funds may not
be available on favorable terms, or at all.  Furthermore, if we
issue equity or debt securities to raise additional funds, our
existing stockholders may experience dilution, and the new equity
or debt securities may have rights, preferences and privileges
senior to those of our existing stockholders.  If we are
unsuccessful in achieving and sustaining profitability, and cannot
obtain additional funds on commercially reasonable terms or at
all, we may be required to curtail significantly or cease our
operations.  These factors raise substantial doubt about our
ability to continue as a going concern," the Company said in the
quarterly report.

A copy of the Form 10-Q is available for free at:

                         http://is.gd/WiPMZN

                           About Axesstel

Axesstel Inc., based in San Diego, Calif., develops fixed wireless
voice and broadband access solutions for the worldwide
telecommunications market.  The Company's product portfolio
includes fixed wireless phones, wire-line replacement terminals,
and 3G and 4G broadband gateway devices used to access voice
calling and high-speed data services.


BANKERS 4 REAL: Case Summary & 5 Unsecured Creditors
----------------------------------------------------
Debtor: Bankers 4 Real Estate, LLC
          aka Bankers For Real Estate, LLC
        c/o Nyberg Financial
        2163 Newcastle Ave., Ste. 150
        Cardiff, CA 92007

Bankruptcy Case No.: 13-08193

Chapter 11 Petition Date: August 15, 2013

Court: United States Bankruptcy Court
       Southern District of California (San Diego)

Judge: Margaret M. Mann

Debtor's Counsel: Theron S. Covey, III, Esq.
                  COVEY LAW, PC
                  3667 Voltaire Street
                  San Diego, CA 92106
                  Tel: (619) 241-2860
                  Fax: (619) 222-3667
                  E-mail: tcovey@coveylawpc.com

Scheduled Assets: $7,812,511

Scheduled Liabilities: $6,178,509

A copy of the Company's list of its largest unsecured creditors,
filed together with the petition, is available for free at
http://bankrupt.com/misc/casb13-8193.pdf

The petition was signed by Tamer Salameh, managing member.


BEAR STEARNS: U.S. Steps Up JPMorgan Probe Over Mortgage Bonds
--------------------------------------------------------------
Emily Flitter, Karen Freifeld and David Henry, writing for
Reuters, reported that the U.S. Department of Justice has stepped
up a probe in recent weeks into Bear Stearns mortgage dealings in
the run-up to the financial crisis, adding to JPMorgan Chase &
Co's legal problems, according to three sources familiar with the
situation.

JPMorgan bought failing Bear Stearns with government encouragement
during the financial crisis in 2008, but then became embroiled in
private lawsuits by mortgage bond insurers alleging that home
loans underlying securities were rotten from the start.

According to the report, the probe, news of which was first
reported by Reuters in February, has picked up steam in recent
weeks, the report related.  Justice Department officials have
taken sworn testimony from at least three people, including former
Bear Stearns employees, about mortgage-backed securities,
according to one of the sources.

A spokeswoman for the Justice Department declined to comment and a
JPMorgan spokesman declined to comment, the report said.

The developments follow new mortgage-related investigations by the
Eastern District of California, the report further related.  All
are fresh obstacles for CEO Jamie Dimon who is striving to restore
the bank's reputation for controlling risks after losing more than
$6.2 billion in 2012 on its so-called "London Whale" derivatives
trades.

                         About Bear Stearns

New York City-based The Bear Stearns Companies Inc. (NYSE: BSC)
-- http://www.bearstearns.com/-- was a leading financial services
firm serving governments, corporations, institutions and
individuals worldwide.  The investment bank collapsed in 2008 and
was sold in a distressed sale to JPMorgan Chase in a transaction
backed by the U.S. government.

Grand Cayman, Cayman Islands-based Bear Stearns High-Grade
Structured Credit Strategies Enhanced Leverage Master Fund Ltd.
and Bear Stearns High-Grade Structured Credit Strategies Master
Fund Ltd. were open-ended investment companies, which sought high
income and capital appreciation relative to the London Interbank
Offered Rate, and designed for long-term investors.  On July 30,
2007, the Funds filed winding up petitions under the Companies Law
of the Cayman Islands.  Simon Lovell Clayton Whicker and Kristen
Beighton at KPMG were appointed joint liquidators.  The joint
liquidators filed for Chapter 15 petitions before the U.S.
Bankruptcy Court for the Southern District of New York the next
day.  On August 30, 2007, the Honorable Burton R. Lifland denied
the Funds protection under Chapter 15 of the Bankruptcy Code.


BELLE FOODS: Committee Retains CohnReznick as Financial Advisors
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Alabama
authorized the Official Committee of Unsecured Creditors of Belle
Foods, LLC, to retain CohnReznick LLP as financial advisors to the
Committee, nunc pro tunc to July 23, 2013.

The Committee believes that CohnReznick is a "disinterested
person" as that term is defined in Sec. 101(14) of the Bankruptcy
Code.

CohnReznick will provide accounting and financial advisory
services to the Committee including reviewing and understanding
the Debtor's prepetition financing structure, the Debtor's
corporate structure, the Debtor's corporate structure and the
acquisition of substantially all of its assets from Southern
Family Markets, monitor the Debtor's postpetition operations, and
understand the Debtor's accounting and cash management system.

CohnReznick's current standard hourly rates are:

     Partner/Senior Partner                 $585 - $800
     Manager/Senior Manager/Director        $435 - $620
     Other Professional Staff               $275 - $410
     Paraprofessional                          $185

                      About Belle Foods

Belle Foods, LLC, bought 57 stores from Southern Family Markets
LLC in 2012, and put the business into Chapter 11 reorganization
(Bankr. N.D. Ala. Case No. 13-81963) on July 1, 2013, in Decatur,
Alabama.

The chain is owned by a father and son who purchased the operation
with a $4 million secured term loan and $24 million revolving
credit from the seller.  The stores are in Florida, Georgia,
Alabama and Mississippi.

The petition shows assets and debt both for more than $10 million.
C&S Wholesale Grocers Inc. is owed about $6 million on secured and
unsecured debt.  Belle Foods owes another $8 million to trade
suppliers, according to a court filing.

D, Christopher Carson, Esq., Brent W. Dorner, Esq., and Marc P.
Solomon, Esq., at Burr & Forman, LLP, represent the Debtor as
counsel.

Attorneys at Haskell Slaughter Young & Rediker, LLC, in
Birmingham, Alabama, and Otterbourg Steindler Houston & Rosen,
P.C., in New York, serve as co-counsel to the Official Committee
of Unsecured Creditors.


BELLE FOODS: Committee Retains Haskell Slaughter as Co-Counsel
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Alabama
authorized the Official Committee of Unsecured Creditors of Belle
Foods, LLC, to retain R. Scott Williams, Esq., and Jennifer B.
Kimble, Esq., and the law firm of Haskell Slaughter Young &
Rediker, LLC, as co-counsel to the Committee, nunc pro tunc to
July 23, 2013.

HSYR will represent the Committee in all respects in this
bankruptcy case and to undertake all actions as the Committee may
direct as it relates to the investigation of the Debtor's affairs,
acquisition of assets, financing and proposed sales as well as in
any pending federal and state court actions or potential claims
against the estate, and to bring actions and asset such claims as
the Committee deems appropriate in order to properly protect the
interests of creditors.

HSYR will share the engagement of the Committee with Otterbourg,
Steindler, Houston & Rosen, P.C.

Hourly rates for HSYR's professional expected to perform work in
this engagement are:

     R. Scott Williams, Esq.         $375
     Jennifer B. Kimble, Esq.        $250
     Associates                   $150 - $225
     Paralegal Services               $95

                      About Belle Foods

Belle Foods, LLC, bought 57 stores from Southern Family Markets
LLC in 2012, and put the business into Chapter 11 reorganization
(Bankr. N.D. Ala. Case No. 13-81963) on July 1, 2013, in Decatur,
Alabama.

The chain is owned by a father and son who purchased the operation
with a $4 million secured term loan and $24 million revolving
credit from the seller.  The stores are in Florida, Georgia,
Alabama and Mississippi.

The petition shows assets and debt both for more than $10 million.
C&S Wholesale Grocers Inc. is owed about $6 million on secured and
unsecured debt.  Belle Foods owes another $8 million to trade
suppliers, according to a court filing.

D, Christopher Carson, Esq., Brent W. Dorner, Esq., and Marc P.
Solomon, Esq., at Burr & Forman, LLP, represent the Debtor as
counsel.

Attorneys at Haskell Slaughter Young & Rediker, LLC, in
Birmingham, Alabama, and Otterbourg Steindler Houston & Rosen,
P.C., in New York, serve as co-counsel to the Official Committee
of Unsecured Creditors.


BELLE FOODS: Creditors Committee Retains OSHR as Co-Counsel
-----------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Alabama
authorized the Official Committee of Unsecured Creditors of Belle
Foods, LLC, to retain Otterbourg, Steindler, Houston & Rosen,
P.C., as co-counsel to the Committee, nunc pro tunc to July 23,
2013.

OSH&R will provide, among others, these professional services:

  -- to assist and advise the Committee in its consultation with
the Debtor relative to the administration of these cases;

  -- to attend meetings and negotiate with the representatives of
the Debtor and other parties in interest;

  -- to assist and advise the Committee in its examination and
analysis of the conduct of the Debtor's affairs;

  -- to assist the Committee in the review, analysis and
negotiation of any plan of reorganization, asset disposition
proposals that have been and may be filed; and

  -- to assist eh Committee in the review, analysis; and
negotiation of any disclosure statement accompanying any plan of
reorganization.

OHS&R will share the engagement of the Committee with Haskell
Slaughter Young & Rediker, LLC.

The Committee believes that OHS&R are "disinterested persons" as
that term is defined in Sec. 101(14) of the Bankruptcy Code.

Hourly rates for OHS&R professionals expected to perform work
under this engagement are:

     Scott L. Hazan, Esq.             $940
     David M. Posner, Esq.            $795
     Gianfranco Finizio, Esq.         $375
     Partners/Counsel              $550 - $940
     Associates                    $265 - $645
     Paraprofessional Services     $235 - $250

                      About Belle Foods

Belle Foods, LLC, bought 57 stores from Southern Family Markets
LLC in 2012, and put the business into Chapter 11 reorganization
(Bankr. N.D. Ala. Case No. 13-81963) on July 1, 2013, in Decatur,
Alabama.

The chain is owned by a father and son who purchased the operation
with a $4 million secured term loan and $24 million revolving
credit from the seller.  The stores are in Florida, Georgia,
Alabama and Mississippi.

The petition shows assets and debt both for more than $10 million.
C&S Wholesale Grocers Inc. is owed about $6 million on secured and
unsecured debt.  Belle Foods owes another $8 million to trade
suppliers, according to a court filing.

D, Christopher Carson, Esq., Brent W. Dorner, Esq., and Marc P.
Solomon, Esq., at Burr & Forman, LLP, represent the Debtor as
counsel.

Attorneys at Haskell Slaughter Young & Rediker, LLC, in
Birmingham, Alabama, and Otterbourg Steindler Houston & Rosen,
P.C., in New York, serve as co-counsel to the Official Committee
of Unsecured Creditors.


BIOFUEL ENERGY: Incurs $4.7 Million Net Loss in Second Quarter
--------------------------------------------------------------
BioFuel Energy Corp. filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $4.73 million on $91.03 million of net sales for the three
months ended June 30, 2013, as compared with a net loss of $12.41
million on $122.82 million of net sales for the same period last
year.

For the six months ended June 30, 2013, the Company incurred a net
loss of $10.06 million on $180.07 million of net sales, as
compared with a net loss of $23.50 million on $262.23 million of
net sales for the same period a year ago.

Biofuel Energy disclosed a net loss of $46.32 million on $463.28
million of net sales for the year ended Dec. 31, 2012, as compared
with a net loss of $10.36 million on $653.07 million of net sales
during the prior year.

As of June 30, 2013, the Company had $239.65 million in total
assets, $194.20 million in total liabilities and $45.44 million in
total equity.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/2BwSZZ

                        About Biofuel Energy

Denver, Colo.-based BioFuel Energy Corp. (Nasdaq: BIOF) --
http://www.bfenergy.com/-- aims to become a leading ethanol
producer in the United States by acquiring, developing, owning and
operating ethanol production facilities.  It currently has two
115 million gallons per year ethanol plants in the Midwestern corn
belt.

Grant Thornton LLP, in Denver, Colorado, issued a "going concern"
qualification on the consolidated financial statements for the
year ended Dec. 31, 2012.  The independent auditors noted that
the Company incurred a net loss of $46.3 million during the year
ended Dec. 31, 2012, is in default under the terms of the Senior
Debt Facility, and has ceased operations at its Fairmont ethanol
facility.  These conditions, among other matters, raise
substantial doubt about the Company's ability to continue as a
going concern.

                        Bankruptcy Warning

"Although the Company intends to diligently explore and pursue any
number of strategic alternatives, we cannot assure you that it
will be able to do so on terms acceptable to the Company or to the
lenders under the Senior Debt Facility, if at all.  In addition,
in either the case of a transfer of the assets of the Operating
Subsidiaries to the lenders under the Senior Debt Facility or a
sale of one or both of our plants ...  we cannot assure you as to
what value, if any, may be derived for shareholders of the Company
from such transfer or sale.  The lenders under the Senior Debt
Facility could also elect to exercise their remedies under the
Senior Debt Facility and take possession of their collateral,
which could require us to seek relief through a filing under the
U.S. Bankruptcy Code," according to the Company's annual report
for the year ended Dec. 31, 2012.


BIOANALYTICAL SYSTEMS: Gets Nasdaq Listing Non-Compliance Notice
----------------------------------------------------------------
Bioanalytical Systems, Inc. on Aug. 21 disclosed that on
August 15, 2013, the Company received a letter from the Nasdaq
Listing Qualifications Department stating that the Company no
longer complies with the Listing Rules for continued listing of
the Company's common shares on the Nasdaq Capital Market since the
Company has not yet filed its Form 10-Q for the period ended
June 30, 2013 with the Securities and Exchange Commission.

The Letter further stated that, under the listing rules, the
Company has until October 14, 2013 to submit a plan to regain
compliance.  If the Company's plan is accepted, the Company may be
granted an exception of up to 180 calendar days from the initial
filing's due date, or until February 10, 2014, to regain
compliance.  The Company intends to comply with the dates given
above in order to regain compliance with the listing rules.

On August 14, 2013, the Company filed a 12b-25 indicating that the
Company could not, without unreasonable effort or expense, file
its Form 10-Q for the three and nine months ended June 30, 2013 by
the original due date of August 14, 2013 until management could
resolve a complex accounting issue related to the accounting
treatment for the outstanding warrants.

Non-Reliance on Previously Issued Financial Statements

On August 19, 2013, the Audit Committee of Bioanalytical Systems,
in consultation with management, concluded that, because of an
error identified in the Company's previously issued financial
statements for the fiscal years ended September 30, 2011,
September 30, 2012 and the first two fiscal quarters of 2013, the
Company should restate its previously issued financial statements
for the relevant periods.  Accordingly, investors should no longer
rely upon the Company's previously released financial statements
and related auditors' reports for these periods or any earnings
releases or other communications relating to these periods.

The error, identified by management, is related to the accounting
for the Class A and B Warrants as part of the May 2011 public
offering.  At the time of the transaction, the Company incorrectly
recorded the fair value of the warrants as equity.  The proper
treatment under ASC 815-40 would have been to record the fair
value of the warrants as a liability due to the provision in
Section 3e of the Common Stock Purchase Warrant that could require
net cash settlement of the warrants.  The Audit Committee and
management have discussed the matters reported herein with the
Company's prior and current independent registered accounting
firms, as applicable.  The Audit Committee, with the assistance of
independent counsel, is conducting an investigation into the
circumstances surrounding the error.

The Company is evaluating the debt covenants at each reporting
period and expects to be in breach of the tangible net worth
ratios in fiscal 2013.  The Company is communicating with its
lenders to obtain waivers for the applicable periods, if
necessary.

The Company expects all amendments and restatements to the
financial statements affected to be non-cash in nature.

The Company has determined that the restatements of its financial
statements resulted from a material weakness in its internal
control over financial reporting, specifically related to its
process and procedures related to the accounting for stock
purchase warrants.  The Company has been actively engaged in
developing a remediation plan to address the material weakness.
Implementation of the remediation plan is in process and consists
of, among other things, redesigning the procedures to enhance its
identification, capture, review, approval and recording of
contractual terms included in equity arrangements.  The Company
also intends to seek the counsel of other experts in accounting
before discussions with its auditors on future unusual and non-
recurring transactions.

Until the Company has restated and reissued its results for the
applicable periods, investors and other users of the Company's SEC
filings are cautioned not to rely on the Company's financial
statements for (i) the quarterly periods ended June 30, and
September 30, 2011, (ii) the annual period ended September 30,
2012, and (iii) the quarterly periods ended December 31, 2012 and
March 31, 2013.

A copy of the detailed restatements of its financial statements is
available for free at http://is.gd/LWYuvN

                About Bioanalytical Systems, Inc.

BASi -- http://www.BASinc.com-- is a pharmaceutical development
company providing contract research services and monitoring
instruments to the world's leading drug development companies and
medical research organizations.  The company focuses on developing
innovative services and products that increase efficiency and
reduce the cost of taking a new drug to market.


BIRDSALL SERVICES: Trustee Says Execs Must Pay for Firm's Damages
-----------------------------------------------------------------
Law360 reported that Birdsall Services Group Inc.'s bankruptcy
trustee wants the company's former executives to pay for
"substantial damage" the firm incurred after sliding into
bankruptcy thanks to a pay-to-play scheme, telling a New Jersey
court that top brass purposefully ignored the illegal activity.

According to the report, Trustee Erwin H. Stier slammed the former
executives in an adversary complaint, saying they neglectfully
lacked a compliance program to ensure they complied with New
Jersey's pay-to-play law.

                    About Birdsall Services

Birdsall Services Group Inc., an engineering firm from Eatontown,
New Jersey, filed for Chapter 11 protection (Bankr. D.N.J. Case
No. 13-16743) on March 29, 2013, when the state attorney general
indicted the business and obtained a court order seizing the
assets.

Birdsall was accused by the state of violating laws prohibiting
so-called pay-to-play, where businesses make political
contributions in return for government contracts.  The state
charged that the company arranged for individuals to make
contributions and then reimbursed the employees.  A company
officer pleaded guilty last year to making political contributions
disguised to appear as though made by individuals.

The Chapter 11 petition filed in Trenton, New Jersey, disclosed
assets of $41.6 million and liabilities totaling $27 million.
Debt includes $3.6 million owing to a bank on a secured claim and
$2.4 million in payables to trade suppliers.

In April 2013, Birdsall reached a $3.6 million settlement that
ended New Jersey's opposition to the company's bankruptcy and
resolves the state's lawsuit aiming to seize Birdsall's assets.
As part of the settlement, Edwin Stier, a member of Stier
Anderson, was appointed as Chapter 11 trustee for Birdsall.


BMB MUNAI: Incurs $543,000 Net Loss in June 30 Quarter
------------------------------------------------------
BMB Munai, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $543,337 on $0 of revenues for the three months ended June 30,
2013, as compared with a net loss of $750,314 on $0 of revenues
for the same period last year.

BMB Munai incurred a net loss of $3.08 million for the year ended
March 31, 2013, as compared with a net loss of $139.21 million for
the year ended March 31, 2012.

The Company's balance sheet at June 30, 2013, showed $10.08
million in total assets, $9.08 million in total liabilities, all
current, and $1 million in total shareholders' equity.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/KkQuew

                          About BMB Munai

Based in Almaty, Kazakhstan, BMB Munai, Inc., is a Nevada
corporation that originally incorporated in the State of Utah in
1981.  Since 2003, its business activities have focused on oil and
natural gas exploration and production in the Republic of
Kazakhstan through its wholly-owned operating subsidiary Emir Oil
LLP.  Emir Oil holds an exploration contract that allows the
Company to conduct exploration drilling and oil production in the
Mangistau Province in the southwestern region of Kazakhstan until
January 2013.  The exploration territory of its contract area is
approximately 850 square kilometers and is comprised of three
areas, referred to herein as the ADE Block, the Southeast Block
and the Northwest Block.

Hansen, Barnett & MAaxwell, P.C., in Salt Lake City, Utah, issued
a "going concern" qualification on the consolidated financial
statements for the year ended March 31, 2013.  The independent
auditors noted that BMB Munai has no continuing operations that
result in positive cash flow.  This situation raises substantial
doubt about its ability to continue as a going concern.


BROADWAY FINANCIAL: Reports $228,000 Net Loss in 2nd Quarter
------------------------------------------------------------
Broadway Financial Corporation filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
a net loss of $228,000 on $4.06 million of total interest income
for the three months ended June 30, 2013, as compared with net
income of $1.69 million on $5.18 million of total interest income
for the same period last year.

For the six months ended June 30, 2013, the Company reported a net
loss of $844,000 on $8.08 million of total interest income, as
compared with net income of $1.85 million on $10.67 million of
total interest income for the same period during the prior year.

The Company's balance sheet at June 30, 2013, showed $345.19
million in total assets, $328.61 million in total liabilities and
a $16.58 million in total shareholders' equity.

Chief Executive Officer, Wayne Bradshaw stated, "During the first
half of 2013, we continued to make significant improvements in our
asset quality that are allowing us to begin refocusing on
rebuilding our loan portfolio, as our capital permits, and
generating growth in net interest income.  These latest
improvements reflected three bulk loan sales that we completed in
the first six months of 2013: two of which closed during the first
quarter, and the third closed early in the second quarter.  In
addition, we completed other sales of problem loans and REO during
the second quarter to further reduce problem assets and position
the Bank for growth."

A copy of the Form 10-Q is available for free at:

                        http://is.gd/izRGJk

                      About Broadway Financial

Los Angeles, Calif.-based Broadway Financial Corporation was
incorporated under Delaware law in 1995 for the purpose of
acquiring and holding all of the outstanding capital stock of
Broadway Federal Savings and Loan Association as part of the
Bank's conversion from a federally chartered mutual savings
association to a federally chartered stock savings bank.  In
connection with the conversion, the Bank's name was changed to
Broadway Federal Bank, f.s.b.  The conversion was completed, and
the Bank became a wholly owned subsidiary of the Company, in
January 1996.

The Company is currently regulated by the Board of Governors of
the Federal Reserve System.  The Bank is currently regulated by
the Office of the Comptroller of the Currency and the Federal
Deposit Insurance Corporation.

Broadway Financial disclosed net income of $588,000 on
$19.89 million of total interest income for the year ended
Dec. 31, 2012, as compared with a net loss of $14.25 million on
$25.11 million of total interest income during the prior year.

Crowe Horwath LLP, in Sacramento, California, issued a "going
concern" qualification on the consolidated financial statements
for the year ended Dec. 31, 2012.  The independent auditors noted
that the Company has a tax sharing liability to its consolidated
subsidiary that exceeds its available cash, the Company is in
default under the terms of a $5 million line of credit with
another financial institution lender in which the stock of its
subsidiary bank, Broadway Federal Bank is held as collateral for
the line of credit and the Company and the Bank are both under
formal regulatory agreements.  Furthermore, the Company and the
Bank are not in compliance with these agreements and the Company's
and the Bank's capital plan that was submitted under the
agreements has been preliminarily approved subject to completion
of its recapitalization.  Failure to comply with these agreements
exposes the Company and the Bank to further regulatory sanctions
that may include placing the Bank into receivership.  These
matters raise substantial doubt about the ability of Broadway
Financial Corporation to continue as a going concern.


BROWNIE'S MARINE: Had $425,700 Net Income in Second Quarter
-----------------------------------------------------------
Brownie's Marine Group, Inc., filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
net income of $425,783 on $592,635 of total net revenues for the
three months ended June 30, 2013, as compared with a net loss of
$301,277 on $750,489 of total net revenues for the same period
last year.

For the six months ended June 30, 2013, the Company incurred a net
loss of $766,123 on $1.18 million of total net revenues, as
compared with a net loss of $742,478 on $1.35 million of total net
revenues for the same period a year ago.

As of June 30, 2013, the Company had $1.15 million in total
assets, $1.84 million in total liabilities and a $692,402 total
stockholders' deficit.

                 Going Concern/Bankruptcy Warning

During the fourth quarter of 2011, the Company formed a joint
venture with one dive entity, and in the first quarter of 2012,
purchased the assets of another, with assumption of their retail
location lease.  The Company accomplished both transactions
predominantly through issuance of restricted common stock in BWMG.
The Company believed these transactions would help generate
sufficient working capital in the future.  However, to-date
neither generated profit or cash-flow.  Effective May 31, 2013,
the Company closed and ceased operations at its retail facility.
The Company is still involved in the joint venture.  As a result,
the Company does not expect that existing cash flow will be
sufficient to fund presently anticipated operations beyond the
third quarter of 2013.  This raises substantial doubt about BWMG's
ability to continue as a going concern.  The Company will need to
raise additional funds and is currently exploring alternative
sources of financing.

"We have issued a number of convertible debentures as an interim
measure to finance our working capital needs... and may continue
to raise additional capital through sale of restricted common
stock or other securities," the Company said in the quarterly
report.  "We are paying for many legal and consulting services
with restricted stock to maximize working capital, and intend to
continue this practice.  We have implemented some cost saving
measures and will continue to explore more to reduce operating
expenses."

"If we fail to raise additional funds when needed, or do not have
sufficient cash flows from sales, we may be required to scale back
or cease operations, liquidate our assets and possibly seek
bankruptcy protection," the Company added.

As reported in the TCR on April 2, 2012, L.L. Bradford & Company,
LLC, in Las Vegas, Nevada, expressed substantial doubt about
Brownie's Marine Group's ability to continue as a going concern,
following the Company's results for the fiscal year ended Dec. 31,
2011.  The independent auditors noted that the Company has a
working capital deficiency and recurring losses and will need to
secure new financing or additional capital in order to pay its
obligations.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/pvEA0e

                       About Brownie's Marine

Brownie's Marine Group, Inc., does business through its wholly
owned subsidiary, Trebor Industries, Inc., d/b/a Brownie's Third
Lung, a Florida corporation.  The Company designs, tests,
manufactures and distributes recreational hookah diving, yacht
based scuba air compressor and nitrox generation systems, and
scuba and water safety products.  BWMG sells its products both on
a wholesale and retail basis, and does so from its headquarters
and manufacturing facility in Fort Lauderdale, Florida.  The
Company's common stock is quoted on the OTC BB under the symbol
"BWMG".  The Company's Web site is
http://www.browniesmarinegroup.com/


CANCER GENETICS: Incurs $9.1-Mil. Net Loss in Second Quarter
------------------------------------------------------------
Cancer Genetics, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q, reporting a net loss
of $9.1 million on $1.8 million of revenue for the three months
ended June 30, 2013, compared a net loss of $1.9 million on
$1.1 million of revenue for the same period last year.

Revenue increased 60%, or $684,000, to $1.8 million for the three
months ended June 30, 2013, from $1.1 million for the three months
ended June 30, 2012, primarily due to an increase in test volume.

On April 10, 2013, the Company completed its IPO.  In connection
with the IPO, $9.6 million of debt was converted into common stock
at the IPO price of $10.00 per share.  In connection with the
conversion of debt into common stock, the Company expensed the
applicable remaining debt discounts of $3.5 million, financing
fees of $419,000 and a contingently recognizable beneficial
conversion feature in the converted debt of $3.0 million, the
total of which resulted in a $6.9 million write-off.

The change in the fair value of the Company's warrant liability
resulted in $170,000 in non-cash expense for the three months
ended June 30, 2013, as compared to non-cash income of
$1.5 million for the three months ended June 30, 2012.

The Company reported a net loss of $6.8 million on $3.1 million of
revenue for the six months ended June 30, 2013, compared with a
net loss of $2.9 million on $2.0 million of revenue for the
corresponding period of 2012.

The Company's balance sheet at June 30, 2013, showed $6.4 million
in total assets, $13.3 million in total liabilities, and a
stockholders' deficit of $6.9 million.

According to the regulatory filing, the Company has suffered
recurring losses from operations, has negative working capital and
a net capital deficiency that raise substantial doubt about its
ability to continue as a going concern.

A copy of the Form 10-Q is available at http://is.gd/21P9M3

Rutherford, N.J.-based Cancer Genetics, Inc., is an early-stage
diagnostics company focused on developing and commercializing
proprietary genomic tests and services to improve and personalize
the diagnosis, prognosis and response to treatment (theranosis) of
cancer.


CASA CASUARINA: Staff Says Rothstein Claim Is Improper
------------------------------------------------------
Law360 reported that former employees of the opulent Miami Beach
mansion where fashion designer Gianni Versace was murdered in 1997
pushed back against a bid by the bankruptcy trustee of Ponzi
schemer Scott Rothstein's law firm to subordinate their claims to
his, arguing the trustee's claim doesn't assert a proper equitable
lien.

According to the report, the trustee for Rothstein Rosenfeldt
Adler PA is alleging a $4.92 million secured claim based on the
existence of an equitable lien on the property as Rothstein bought
an interest in the mansion.

                        About Casa Casuarina

Casa Casuarina, LLC, filed a Chapter 11 petition (Bankr. S.D. Fla.
Case No. 13-25645) in Miami on July 1, 2013.  Peter Loftin signed
the petition as manager.  Judge Laurel M. Isicoff presides over
the case.  The Debtor estimated assets of at least $50 million and
debts of at lease $10 million.  Joe M. Grant, Esq., at Marshall
Socarras Grant, P.L., serves as the Debtor's counsel.


CDW CORP: Moody's Raises CFR to B1 After Completion of June IPO
---------------------------------------------------------------
Moody's Investors Service upgraded CDW Corporation's corporate
family rating to B1 from B2 and its probability of default rating
to B1-PD from B2-PD. The rating action concludes the review for
upgrade commenced on June 17, 2013 following the company's
announcement that it launched an initial public offering of its
stock.

As part of the rating action, Moody's upgraded the ratings on the
senior subordinated notes issued at CDW's wholly owned subsidiary
CDW LLC to B3 from Caa1, and confirmed the B3 ratings on CDW LLC's
senior unsecured notes and the Ba3 ratings on CDW LLC's senior
secured debt. The outlook is stable.

Ratings Rationale:

The CFR upgrade reflects the successful completion of the primary
IPO with net proceeds of about $400 million and the resulting
reduction of the company's debt, in addition to further expected
debt pay-downs and ongoing interest expense savings in helping the
company grow its free cash flow. CDW has deleveraged steadily
since its 2007 leveraged buyout, and Moody's expects the company's
adjusted debt to EBITDA to be in the 4.0x to 4.5 x range over the
next year. Nonetheless, private equity owners (Madison Dearborn
and Providence Equity) still hold around 73% of the company shares
post-IPO, and Moody's believes that CDW may provide some support
to aid the equity return to these holders, which could postpone
CDW reaching its stated target debt to EBITDA level of around 3x.

CDW's credit profile is supported by relative earnings stability
and healthy free cash flow generation because of CDW's prominent
position as a value added reseller of technology products and
solutions with a focus on the small and medium sized business
(SMB) segment. CDW has reduced its working capital utilization and
Moody's anticipates the company's cash conversion cycle will
remain at 20 to 25 days, limiting the use of cash. Moody's also
believes CDW has favorable prospects for continued market share
gains due to its scale, extensive product offering and broad
market access relative to peers with less scale and market
coverage.

Moody's maintained the company's SGL-2 rating indicating good
liquidity, supported by availability under its secured revolving
credit facility, lack of near-term debt maturities, expectation of
about $350 million of free cash flow generation and ample room
under its financial covenants over the next 12 months.

The ratings for the debt instruments reflect both the overall
probability of default rating (PDR) of CDW at B1-PD, and the loss
given default assessments of the individual debt instruments. The
ratings on the subordinated debt were upgraded one notch in line
with the CFR upgrade. The ratings on the senior unsecured and
senior secured debt were not upgraded due to the ongoing pay-downs
of subordinated debt with proceeds from senior secured borrowings,
which removes the loss absorption that the subordinated debt
provided in the capital structure.

The following summarizes CDW's ratings and these rating actions:

Issuer: CDW Corporation

  Corporate Family Rating Upgraded to B1

  Probability of Default Rating Upgraded to B1-PD

Issuer: CDW LLC

  Senior Subordinated Regular Bond/Debenture Oct 12, 2017,
  Upgraded to B3 (LGD6, 95 %)

  Senior Secured Regular Bond/Debenture Dec 15, 2018, Confirmed
  at Ba3 (LGD3, 34 %) from Rating on Review

  Senior Unsecured Regular Bond/Debenture Apr 1, 2019, Confirmed
  at B3 (LGD5, 78%) from Rating on Review

  Senior Secured Bank Credit Facility Apr 29, 2020, Confirmed at
  Ba3 (LGD3, 34 %) from Rating on Review

Outlook Actions:

Outlook, Stable

Rating Outlook

The stable rating outlook reflects CDW's relatively consistent
revenue stream from the public sector, which counteracts greater
fluctuations in corporate sector revenue, as well as Moody's
expectation for continued execution of its business strategy,
stable vendor/customer relationships and market share gains.

What Could Change the Rating - Up?

Ratings could be upgraded if CDW's revenue and operating margins
improve to a higher sustainable range (operating margins in upper
single digits), through gains in market share, higher profit
product and services mix and/or a lower cost structure. Further
steady debt reduction, such that total adjusted debt to EBITDA
leverage is expected to be sustained below 3.5x, would be an
important additional consideration for any rating upgrade.

What Could Change the Rating - Down?

Ratings could be downgraded if CDW experienced loss of
customers/market share or pricing pressures due to increasing
competition or a weak economic environment led to margin erosion
and impaired interest coverage, reduced free cash flow generation
and financial leverage sustained above 4.5x total adjusted debt to
EBITDA. A sustained rise in working capital could also pressure
the ratings down.

The principal methodology used in this rating was the Global
Distribution & Supply Chain Services Industry Methodology
published in November 2011. Other methodologies used include Loss
Given Default for Speculative-Grade Non-Financial Companies in the
U.S., Canada and EMEA published in June 2009.


CENTAUR LLC: Clawback Suit v. Sweeneys Survives Dismissal Bid
-------------------------------------------------------------
Bankruptcy Judge Kevin J. Carey denied the request of Joseph
Sweeney and Linda Porr Sweeney to dismiss the Centaur LLC
Litigation Trust's lawsuit to avoid alleged constructively
fraudulent transfers made by Valley View Downs, LP, to the
Defendants.

The Complaint alleges four counts of constructive fraud under the
Bankruptcy Code and the Pennsylvania Uniform Fraudulent Transfer
Act.  Counts 1 and 2 seek to avoid a 2007 cash transfer of
$8,532,333.00 from VVD to the Defendants in partial payment for
their minority rights and interests in VVD pursuant to Bankruptcy
Code Sec. 548(a)(1)(B), and Bankruptcy Code Sec. 544(b) and the
Pennsylvania Uniform Fraudulent Transfer Act Sec. 5105,
respectively.  Counts 3 and 4 of the Complaint seek to avoid a
note and a 2008 transfer of $2,769,397.62 from VVD to the
Defendants pursuant to Bankruptcy Code Sec. 548(a)(1)(B), and
Bankruptcy Code Sec. 544(b) and PUFTA Sec. 5105, respectively.

The Defendants argue that the Litigation Trust has not met the
pleading requirements to state claims for fraudulent transfers
and, in the alternative, that the transfers cannot be avoided
because they fall within the safe harbor of Bankruptcy Code Sec.
546(e) because they are settlement payments made to complete a
securities transaction.

The case is, FTI CONSULTING, INC., as Trustee to the Centaur, LLC
Litigation Trust, Plaintiff, v. JOSEPH SWEENEY and LINDA PORR
SWEENEY, Defendants, Adv. Proc. No. 12-50423 (Bankr. D. Del).  A
copy of the Court's Aug. 19, 2013 Memorandum and Order is
available at http://is.gd/xnAVWOfrom Leagle.com.

                       About Centaur LLC

Indianapolis, Indiana-based, Centaur, LLC, aka Centaur Indiana,
LLC -- http://www.centaurgaming.net/-- was involved in the
development and operation of entertainment venues focused on horse
racing and gaming.  The Company and its affiliates filed for
Chapter 11 bankruptcy protection on March 6, 2010 (Bankr. D. Del.
Case No. 10-10799).  Jeffrey M. Schlerf, Esq., at Fox Rothschild
LLP, assists the Company in its restructuring effort.  The Company
disclosed assets of $584 million and debt of $681 million as of
the Petition Date.

Affiliates Centaur PA Land LP and Valley View Downs LP filed for
bankruptcy reorganization in October 2009 to keep alive a project
to develop a racetrack in Pennsylvania.  The filings were made
following the failure to make payments due in October on a
$382.5 million first-lien debt and a $192 million second-lien
credit.

All the companies are subsidiaries of closely held Centaur Inc.,
which isn't in bankruptcy.

Centaur LLC was authorized in August 2010 to sell the Fortune
Valley Hotel & Casino 40 miles west of Denver to Luna Gaming
Central City LLC for $7.5 million cash, plus a $2.5 million note.

The Debtor obtained approval of its reorganization plan at a
Feb. 18, 2011 confirmation hearing.  The Plan would slash the
casino operator's debt by two-thirds to $260 million.  The Plan,
as revised, is based on a settlement reached by the Debtors with
the Official Committee of Unsecured Creditors, the settlement was
entered among the Debtors, the Official Committee of Unsecured
Creditors, and Credit Suisse AG, Cayman Islands Branch, as
administrative agent and collateral agent for lenders that
provided first lien revolving credit and term loans prepetition.
Under the Plan, second-lien lenders are to split $3.4 million in
notes that pay in kind.  Unsecured creditors of Valley View Downs
now will receive the lesser of 50% paid in cash or a share of $1.5
million cash.  Other general unsecured creditors also will have
the lesser of half payment or sharing $650,000 in cash.

FTI Consulting, Inc., serves as Trustee to the Centaur LLC
Litigation Trust.


CHICAGO TRADING: CFTC Revokes Registration
------------------------------------------
U.S. Commodity Futures Trading Commission (CFTC) on Wednesday
filed a Notice of Intent (Notice) to revoke the registration of
Chicago Trading Managers LLC (CT Managers). CT Managers is
currently registered with the CFTC as a Commodity Pool Operator
and Commodity Trading Advisor.

The Notice alleges that CT Managers is subject to statutory
disqualification from CFTC registration based on a default
judgment and permanent injunction Order entered by the U.S.
District Court for the Southern District of New York on May 15,
2013.  That injunction prohibits CT Managers from committing
further fraud. Additionally, the default judgment includes
findings that CT Managers defrauded pool participants who had
invested more than $9 million by knowingly issuing or causing to
be issued false account statements for the commodity pools.

In the default judgment Order, CT Managers was held liable for
fraud and ordered to pay a civil monetary penalty of $1.4 million,
jointly and severally with another defendant.

CFTC staff members responsible for this case are Laura Martin,
Manal Sultan, Stephen Obie, and Vincent McGonagle.


CIRCLE STAR: Incurs $10.8 Million Net Loss in Fiscal 2013
---------------------------------------------------------
Circle Star Energy Corp. filed with the U.S. Securities and
Exchange Commission its annual report on Form 10-K disclosing
a net loss of $10.81 million on $812,762 of total revenues for the
year ended April 30, 2013, as compared with a net loss of $11.07
million on $942,150 of total revenues during the prior year.

The Company's balance sheet at April 30, 2013, showed $3.47
million in total assets, $5.79 million in total liabilities and a
$2.31 million total stockholders' deficit.

D'Arelli Pruzansky, P.A, in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements
for the year ended April 30, 2013.  The independent auditors noted
that the Company has incurred net losses and used cash in
operating activities of $10,812,694 and $1,359,795, respectively,
for the year ended April 30, 2013, and the Company had an
accumulated deficit and stockholders' deficit of $22,061,177 and
$2,317,347, respectively, and a working capital deficit of
$4,167,097 at April 30, 2013.  These conditions raise substantial
doubt about the Company's ability to continue as a going concern.

A copy of the Form 10-K is available for free at:

                        http://is.gd/7idEQT

                         About Circle Star

Fort Worth, Tex.-based Circle Star Energy Corp. (OTC BB: CRCL)
owns royalty, leasehold, operating, net revenue, net profit,
reversionary and other mineral rights and interests in certain oil
and gas properties in Texas.  The Company's properties are in
Crane, Scurry, Victoria, Dimmit, Zavala, Grimes, Madison,
Robertson, Fayette, and Lee Counties.


CODA HOLDINGS: Plan Outline Hearing Set for Sept. 9
---------------------------------------------------
Adoc Holdings, Inc., et al., fka Coda Holdings, Inc., filed a Plan
of Liquidation and Disclosure Statement, which contemplate the
establishment of a liquidation trust to liquidate the Debtors'
assets, including certain Causes of Action.  It also provides for
the treatment of claims against and equity interests in the
Debtors.

Counsel to the Debtors, Jeffrey M. Schlerf, Esq., of Fox
Rothshild, LLP, reveals that the Plan is the product of
negotiations between the Debtors, the Official Committee of
Unsecured Creditors and secured parties to maximize recoveries to
the Debtors' creditors and provide for a fair allocation of the
Debtors' remaining Assets as a consequence of the asset sale
transaction with the DIP Lenders, as stalking horse bidder.

A Plan Settlement provides that the Stalking Horse Bidder acquired
certain of the Debtors' assets for $25 million, $1.7 million of
which was paid in cash with the remainder received in the form of
a credit bid of the entire DIP Facility and a portion of the
Priority Enhanced Notes.  In addition, the full $5 million of
availability under the DIP Facility was made available to fund the
administrative expenses of the Estates as the Debtors pursued
confirmation of a liquidation plan that conformed to the terms of
the Plan Settlement.

Under the Plan, Class 1 Priority Claims and Class 2 Other Secured
Claims will be paid in full.  Class 3 Deficiency Claims will
receive their pro rata share of the Lender Beneficial Interests
and will receive Liquidating Trust distributions.  Class 4 General
Unsecured Claims will also receive their pro rata share of the GUC
Beneficial Interests.  Class 5 Electing WARN Claims, to the extent
not yet satisfied, will receive an appropriate distribution.
Class 6 Equity Interests will be cancelled on the Effective Date.
Class 7 Subordinated Claims will not receive any Liquidating Trust
distribution.

A hearing will be held on Sept. 9 at 2:00 p.m. Eastern Time before
Judge Christopher Sontchi to consider the adequacy of the
Disclosure Statement.

Full-text copies of the Plan and Disclosure Statement dated
Aug. 2, 2013 are available for free at:

    http://bankrupt.com/misc/CODAHOLDINGS_PlanDSAug2.pdf

Co-counsel for the Creditors' Committee are Brown Rudnick LLP,
Seven Times Square, New Yok, New York 10036, Attn: William R.
Baldiga, Esq.; and Morris Nichols Arhst & Tunnell, LLP, 1201 North
Market Street, Suite 1600, P.O. Box 1347, Wilmington, Delaware
19899, Attn: Gregory W. Werkheiser, Esq.

Counsel to certain lenders are Sidley Austin LLP, 555 West 5th
Street, Suite 4000, Los Angeles, California 90013, Attn: Jeremy E.
Rosenthal, Esq.; and DLA Piper LLP (US), 2000 University
Boulevard, East Palo Alto, California 94303, Attn: Bradley J.
Gersich.

Counsel to the Office of the U.S. Trustee, District of Delaware,
J. Caleb Boggs Federal Building, 844 King Street, Suite 2207,
Wilmington, Delaware 19801, Attn: David Buchbinder, Esq.

                       About CODA Holdings

Los Angeles, California-based CODA Energy --
http://www.codaenergy.com-- made an electric auto that was a
commercial failure.  The company marketed the Coda Sedan, which
sold only 100 copies.  It was an electrically powered version of
the Hafei Saibao, made in China.  After bankruptcy, Los Angeles-
based Coda intends to concentrate on making stationery electric-
storage systems.

CODA Holdings, Inc., Coda Energy LLC and three other affiliates
filed for Chapter 11 bankruptcy (Bankr. D. Del. Lead Case No.
13-11153) on May 1, 2013, to enable the Company to complete a
sale, confirm a plan, and emerge from bankruptcy in a stronger
position to execute its new business plan.  The Company expects
the sale process to take 45 days to complete.

FCO MA CODA Holdings LLC, an affiliate of Fortress Investment
Group, is leading a consortium of lenders intending to provide DIP
financing to enable the Company's energy storage business to
remain fully operational during the restructuring process.  The
consortium, or its designee, will also as stalking horse bidder to
acquire the Company post-bankruptcy.  In addition, the Company
will seek to monetize value of its existing automotive business
assets.

CODA disclosed assets of $10 million to $50 million and
liabilities of less than $100 million.  Coda Automotive Inc.,
disclosed $24,950,641 in assets and $95,859,413 in liabilities as
of the Chapter 11 filing.  The Debtors have incurred prepetition a
significant amount of secured indebtedness: secured notes of with
principal in the amount of $59.1 million; term loans in the
principal amount of $12.6 million; and a bridge loan with $665,000
outstanding.  FCO and other bridge loan lenders have "enhanced
priority" over other secured noteholders that did not participate
in the bridge loans, pursuant to the intercreditor agreement.
Jeffrey M. Schlerf, Esq., John H. Strock, Esq., and L. John Bird,
Esq., at Fox Rothschild LLP are the proposed counsel for the
Debtors.

CODA's legal advisor in connection with the restructuring is White
& Case LLP.  Emerald Capital Advisors serves as its chief
restructuring officer and restructuring advisor, and Houlihan
Lokey serves as its investment banker for the restructuring.
Sidley Austin LLP is serving as FCO MA CODA Holdings LLC's legal
advisor.  Brent T. Robinson, Esq., at Robinson, Anthon & Tribe
represents the Debtors in their restructuring efforts.

The Committee tapped Brown Rudnick as its counsel and Deloitte
Financial Advisory Services LLP as its financial advisor.


COMMUNITY SHORES: Posts $75,000 Net Income in Second Quarter
------------------------------------------------------------
Community Shores Bank Corporation filed with the U.S. Securities
and Exchange Commission its quarterly report on Form 10-Q
disclosing net income of $75,265 on $1.86 million of total
interest income for the three months ended June 30, 2013, as
compared with net income of $321,636 on $2.28 million of total
interest income for the same period last year.

For the six months ended June 30, 2013, the Company reported net
income of $5.37 million on $3.90 million of total interest income,
as compared with net income of $257,535 on $4.62 million of total
interest income for the same period during the prior year.

As of June 30, 2013, the Company had $189.64 million in total
assets, $186.04 million in total liabilities and $3.59 million in
total shareholders' equity.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/SATjui

                       About Community Shores

Muskegon, Mich.-based Community Shores Bank Corporation, organized
in 1998, is a Michigan corporation and a bank holding company.
The Company owns all of the common stock of Community Shores Bank.
The Bank was organized and commenced operations in January 1999 as
a Michigan chartered bank with depository accounts insured by the
FDIC to the extent permitted by law.  The Bank provides a full
range of commercial and consumer banking services primarily in the
communities of Muskegon County and Northern Ottawa County.

The Company reported a net loss of $2.46 million in 2011, compared
with a net loss of $8.88 million in 2010.

After auditing the 2011 results, Crowe Horwath LLP, in Grand
Rapids, Michigan, expressed substantial doubt about the Company's
ability to continue as a going concern.  The independent auditors
noted that the Company has incurred significant recurring
operating losses, is in default of its notes payable
collateralized by the stock of its wholly-owned bank subsidiary,
and the subsidiary bank is undercapitalized and is not in
compliance with revised minimum regulatory capital requirements
under a formal regulatory agreement which has imposed limitations
on certain operations.


COMPETITIVE TECHNOLOGIES: Reports $677,000 Net Loss in 2nd Qtr.
---------------------------------------------------------------
Competitive Technologies, Inc., filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
a net loss of $677,035 on $136,100 of product sales for the three
months ended June 30, 2013, as compared with a net loss of
$941,871 on $62,500 of product sales for the same period last
year.

For the six months ended June 30, 2013, the Company incurred a net
loss of $1.45 million on $136,100 of product sales, as compared
with a net loss of $1.73 million on $392,246 of product sales for
the same period a year ago.

Competitive Technologies incurred a net loss of $3 million on
$546,139 of gross profit from product sales in 2012, as compared
with a net loss of $3.59 million on $1.86 million of gross profit
from product sales in 2011.

As of June 30, 2013, the Company had $4.47 million in total
assets, $9.78 million in total liabilities and a $5.31 million
total shareholders' deficit.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/zARFOa

                  About Competitive Technologies

Fairfield, Conn.-based Competitive Technologies, Inc. (OTC QX:
CTTC) -- http://www.competitivetech.net/-- was established in
1968.  The Company provides distribution, patent and technology
transfer, sales and licensing services focused on the needs of its
customers and matching those requirements with commercially viable
product or technology solutions.  Sales of the Company's
Calmare(R) pain therapy medical device continue to be the major
source of revenue for the Company.

Mayer Hoffman McCann CPAs (The New York Practice of Mayer Hoffman
McCann P.C.), in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended
Dec. 31, 2012.  The independent auditors noted that at Dec. 31,
2012, the Company has incurred operating losses since fiscal year
2006.  These conditions raise substantial doubt about the
Company's ability to continue as a going concern.


CONSTRUCTORA DE HATO: Court Amends Order on Public Sale of Assets
-----------------------------------------------------------------
On August 13, the U.S. Bankruptcy Court for the District of Puerto
Rico entered an amended order approving the urgent motion of
Constructora De Hato Rey Incorporada requesting leave to conduct
public sale and for the appointment of Caribbean Asset Recovery,
Inc., to conduct the sale.  In the amended order, the Court
directed the Debtor to consign with the Clerk, U.S. Bankruptcy
Court, the proceeds from the sale, after the payment to Caribbean
Asset Recovery, Inc.'s for fees and other related costs.

                    About Constructora De Hato

San Juan, Puerto Rico-based Constructora De Hato owns parcels of
land in Puerto Rico with an aggregate value of $1.82 million.  It
filed a Chapter 11 petition (Bankr. D.P.R. Case No. 12-02876-11)
in Old San Juan, Puerto Rico, on April 13, 2012.  The petition was
signed by Waldemar Carmona Gonzalez, president.  The Debtor is
represented by Charles Alfred Cuprill, Esq., at Charles A.
Curpill, PSC Law Office, in San Juan.  Luis R. Carrasquillo & Co.,
PSC, serves as financial consultant.  In its schedules, as
amended, the Debtor disclosed $10,701,724 in assets and $6,847,693
in liabilities.


CONSTRUCTORA DE HATO: Granted Until Nov. 5 to File Plan
-------------------------------------------------------
The U.S. Bankruptcy Court for the District of Puerto Rico granted
Constructora De Hato Rey Incorporada until Nov. 5, 2013, to file
its disclosure statement and plan of reorganization.

As stated in the motion requesting for a further extension to
file the Plan and Disclosure Statement, it was the Debtor's intent
to conduct the sale of some of the Debtor's construction
equipment, but in order to collect all of the information needed
for the auction of the Equipment and some of the Debtor's realty,
to maximize the amount of funds to be collected from the same and
considering that the Debtor's Iseki Tunnel System needs to be sold
outside of the local market, Caribbean Asset Recovery, Inc., who
will conduct the sale, had to reschedule the auctions.

                    About Constructora De Hato

San Juan, Puerto Rico-based Constructora De Hato owns parcels of
land in Puerto Rico with an aggregate value of $1.82 million.  It
filed a Chapter 11 petition (Bankr. D.P.R. Case No. 12-02876-11)
in Old San Juan, Puerto Rico, on April 13, 2012.  The petition was
signed by Waldemar Carmona Gonzalez, president.  The Debtor is
represented by Charles Alfred Cuprill, Esq., at Charles A.
Curpill, PSC Law Office, in San Juan.  Luis R. Carrasquillo & Co.,
PSC, serves as financial consultant.  In its schedules, as
amended, the Debtor disclosed $10,701,724 in assets and $6,847,693
in liabilities.


COUDERT BROTHERS: Judge Drain Won't Reinstate Statek Claim
----------------------------------------------------------
Bankruptcy Judge Robert D. Drain denied Statek Corporation's
motion for reconsideration, on remand, of a prior order
disallowing Statek's $85,000,000 claim for breach of professional
and fiduciary duties.  A copy of Judge Drain's August 19, 2013
Memorandum of Decision is available at http://is.gd/D8PHmrfrom
Leagle.com.

Stern Tannenbaum & Bell LLP's David S. Tannenbaum, Esq., and Karen
S. Frieman, Esq. -- dtannenbaum@sterntannenbaum.com and
kfrieman@sterntannenbaum.com -- represent Development Specialists,
Inc.

Hughes Hubbard & Reed LLP's Edward J.M. Little, Esq., and Lisa A.
Cahill, Esq. -- little@hugheshubbard.com and
cahill@hugheshubbard.com -- argue for Statek Corporation.

                      About Coudert Brothers

Coudert Brothers LLP was an international law firm specializing in
complex cross-border transactions and dispute resolution.  The
firm had operations in Australia and China.  Coudert filed for
Chapter 11 protection (Bankr. S.D.N.Y. Case No. 06-12226) on
Sept. 22, 2006.  John E. Jureller, Jr., Esq., and Tracy L.
Klestadt, Esq., at Klestadt & Winters, LLP, represented the Debtor
in its restructuring efforts.  Brian F. Moore, Esq., and David J.
Adler, Esq., at McCarter & English, LLP, represented the Official
Committee of Unsecured Creditors.  Coudert scheduled total assets
of $30.0 million and total debts of $18.3 million as of the
Petition Date.  The Bankruptcy Court in August 2008 signed an
order confirming Coudert's chapter 11 plan.  The Plan contemplated
on paying 39% to unsecured creditors with $26 million in claims.

Coudert has been succeeded by Development Specialists, Inc. in its
capacity as Plan Administrator under the confirmed chapter 11
plan.


CROC LLC: Case Summary & 4 Unsecured Creditors
----------------------------------------------
Debtor: CROC, LLC
        P.O. Box 331
        Nags Head, NC 27959

Bankruptcy Case No.: 13-05146

Chapter 11 Petition Date: August 15, 2013

Court: United States Bankruptcy Court
       Eastern District of North Carolina (Wilson)

Judge: Stephani W. Humrickhouse

Debtor's Counsel: Trawick H Stubbs, Jr., Esq.
                  STUBBS & PERDUE, P.A.
                  P.O. Drawer 1654
                  New Bern, NC 28563
                  Tel: (252) 633-2700
                  Fax: (252) 633-9600
                  E-mail: efile@stubbsperdue.com

Scheduled Assets: $2,253,011

Scheduled Liabilities: $2,226,930

A copy of the Company's list of its largest unsecured creditors,
filed together with the petition, is available for free at
http://bankrupt.com/misc/nceb13-5146.pdf

The petition was signed by Glenn E. Magill, Jr., member-manager.


CITY OF SAN BRUNO: Disputes PG&E Statement on Potential Bankruptcy
------------------------------------------------------------------
The City of San Bruno on Aug. 21 criticized statements by the top
executive of Pacific Gas & Electric Company who told Bloomberg
News on Tuesday that a proposed penalty and fine by the California
Public Utility Commission (CPUC) for the deadly 2010 PG&E gas
pipeline explosion in San Bruno could force the utility into
bankruptcy -- statements that contradict the sworn legal testimony
of PG&E's own finance expert.

PG&E Chairman and Chief Executive Officer Tony Earley told
Bloomberg in a news interview the proposed $2.25 billion penalty
and fine for the Sept. 9, 2010 explosion in San Bruno that killed
eight, destroyed 38 homes and damaged the community could not be
funded with equity alone.  He told the news service the penalty
would require PG&E shareholders to sell billions in additional
stock and, if shares failed to sell, could land PG&E in
bankruptcy.

San Bruno city officials said these comments contradict the
findings of multiple experts, including PG&E's own paid finance
consultant.

"Mr. Earley's comments are inconsistent with the company's own
sworn testimony made before the CPUC on March 5 this year," said
San Bruno Mayor Jim Ruane.  "PG&E's own expert said the company
has the financial capability to withstand a penalty of this
magnitude.  We are deeply concerned that these comments could
mislead the market, shareholders, and the public, and we hope
these were not made in a deliberate attempt to influence the
outcome of the ongoing penalty process."

Earlier this year, PG&E's paid expert, Eric O. Fornell of Wells
Fargo Securities, said during a penalty proceeding under oath that
it was "doable" for PG&E to issue equity or raise enough capital
to cover a $2 billion penalty.  His statements followed a
separate, impartial report by Overland Consulting, independently
commissioned by the CPUC in 2012, which similarly found that PG&E
would be able to afford a $2.25 billion penalty without hurting
its creditworthiness.

Meanwhile, PG&E stock prices remain strong.  PG&E Corp.'s second-
quarter earnings rose 39 percent as the utility reported stronger
revenue and lower charges related to its natural-gas pipeline
efforts, among other items.

The company's solid financial footing and multiple expert findings
are partly what guided the $2.25 billion recommendation of the
CPUC's safety division, which issued its revised penalty proposal
in July.  The proposed $2.25 billion penalty would fund ongoing
safety improvements and include a $300 million fine to PG&E
shareholders, which is not tax deductible and would be paid
directly to the State of California's general fund.  In addition,
the proposal also curtails PG&E's ability to deduct "credits" for
safety repairs made since the 2010 explosion and fire -- a
provision San Bruno has advocated strongly for.

San Bruno officials said they support elements of the CPUC's
proposed penalty, but given the scope and magnitude of PG&E's
misconduct, they are pushing for a penalty of $3.8 billion, which
would amount to $2.45 billion in after-tax dollars.  This penalty
would also fund ongoing safety improvements and give no credits
for past expenses.  San Bruno based its recommendation on the
Overland report, which determined that PG&E could bear a maximum
financial consequence of $2.45 billion and remain solvent.

San Bruno said it will also continue pushing the CPUC to direct
PG&E to adopt and fund a series of remedial measures that will
ensure systemic regulatory change in the future.  These include $5
million per year for a "California Pipeline Safety Trust," an
Independent Monitor to make sure PG&E follows its own safety plan
in the face of possible lax enforcement and the installation of
lifesaving Automated Shutoff Valves.

The CPUC's five-member commission is expected to issue its final
recommendation in coming months.

"As we approach the three-year anniversary of this devastating
tragedy, we remain firm in our belief that the only way to prevent
future accidents is by penalizing PG&E to the maximum,"
Mayor Ruane said.  "The independent experts -- even PG&E's -- have
agreed that PG&E is financially able to weather a penalty of this
magnitude--and then some.  We are now looking to the CPUC to do
the right thing and penalize PG&E in order to send a strong
message that public safety cannot be compromised by the bottom
line."


D & L ENERGY: Wants Until Nov. 12 to File Chapter 11 Plan
---------------------------------------------------------
D & L Energy, Inc., et al., ask the U.S. Bankruptcy Court for the
Northern District of Ohio to extend the exclusive periods to file
a Chapter 11 Plan until Nov. 12, 2013, and solicit acceptances for
that Plan until Jan. 11, 2014.

This is the Debtors' first request to extend the exclusive period.

The Debtors explain that it needed additional time to resolve
various contingencies before it can finalize any viable plan.  In
order to propose a feasible plan, the Debtor believes it must
evaluate the proofs of claim that have been timely filed.

                        About D & L Energy

D & L Energy, based in Youngstown, Ohio, and affiliate Petroflow,
Inc., filed for Chapter 11 bankruptcy (Bankr. N.D. Ohio Lead Case
No. 13-40813) on April 16, 2013.  Judge Kay Woods oversees the
case.  Brian T. Angeloni, Esq., Kathryn A. Belfance, Esq., Steven
Heimberger, Esq., and Todd A. Mazzola, Esq., at Roderick Linton
Belfance, LLP, serve as the Debtors' counsel, and Walter
Haverfield, LLP, is the environmental counsel.  SS&G Parkland
Consulting, LLC, serves as financial advisor and investment
banker.  The Debtor disclosed $41,015,677 in assets and $6,185,158
in liabilities as of the Chapter 11 filing.

Daniel M. McDermott, U.S. Trustee for Region 9, appointed seven
creditors to serve in the Official Committee of Unsecured
Creditors.  Sherri Lynn Dahl, Esq., and Peter R. Morrison, Esq.,
at Squire Sanders (US) LLP, represent the Creditors Committee as
counsel.  BBP Partners LLC serves as its financial advisors.


DAIS ANALYTIC: Incurs $1.1 Million Net Loss in Second Quarter
-------------------------------------------------------------
Dais Analytic Corporation filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $1.08 million on $528,369 of revenue for the three
months ended June 30, 2013, as compared with net income of
$299,497 on $649,015 of revenue for the same period last year.

For the six months ended June 30, 2013, the Company incurred a net
loss of $1.38 million on $1.14 million of revenue, as compared
with net income of $281,114 on $1.68 million of revenue for the
same period a year ago.

As of June 30, 2013, the Company had $854,111 in total assets,
$4.24 million in total liabilities and a $3.38 million total
stockholders' deficit.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/KY6BFU

                        About Dais Analytic

Odessa, Fla.-based Dais Analytic Corporation has developed and
patented a nano-structure polymer technology, which is being
commercialized in products based on the functionality of these
materials.  The initial product focus of the Company is ConsERV,
an energy recovery ventilator.  The Company also has new product
applications in various developmental stages.

In the auditors' report accompanying the financial statements for
year ended Dec. 31, 2011, Cross, Fernandez & Riley LLP, in
Orlando, Florida, expressed substantial doubt about the Company's
ability to continue as a going concern.  The independent auditors
noted that the Company has incurred significant losses since
inception and has a working capital deficit and stockholders'
deficit of $3.22 million and $4.90 million at Dec. 31, 2011.

The Company reported a net loss of $2.33 million in 2011,
compared with a net loss of $1.43 million in 2010.


DEE ALLEN: Union Central Opposes Approval of Trustee Disclosures
----------------------------------------------------------------
Union Central Life Insurance Company objects to the approval of
the Disclosure Statement for the Chapter 11 trustee's Liquidating
Plan for Dee Allen Randall, et al.

Union Central cited that the Trustee's Disclosure Statement does
not contain adequate information that would enable Victims to make
informed judgments about whether to vote for the Plan and assign
to the Personal Actions Trust their claims against Facilitators of
the Randall Enterprise Ponzi Scheme.

Union Central said: "Specifically, it does not disclose that the
Estate has no claims of its own against Facilitators, nor does it
disclose that the Estate's Trustee and lawyers will be unable to
prosecute any such claims that Victims may have.  Furthermore, it
does not explain anything about these alleged claims, nor does it
disclose that participation in the Trust will greatly reduce the
recoveries of Victims who assign relatively good claims to the
Trust, if such claims exist.  Finally, although the Victims do
need more information, the Estate's professionals may not be the
proper source for that information because they now have potential
employment interests, and thus a financial stake, in the outcome."

A copy of the Objection is available at:

          http://bankrupt.com/misc/deeallen.doc1247.pdf

According to the Disclosure Statement, along with his real estate
investments that he controlled and operated, Dee Allen Randall was
also a life insurance agent.  According to the Chapter 11 Trustee,
Randall and his subagents convinced his Victims that if they would
invest in his real estate projects, the high returns from these
real estate investments would be sufficient to pay the large life
insurance premiums of the Union Central life insurance products he
sold to his Victims.

Union Central is identified in the Disclosure Statement as one of
the Facilitators of the Randall Enterprise Ponzi Scheme.

A copy of the Disclosure Statement is available at:

           http://bankrupt.com/misc/deeallen.doc1174.pdf

As reported in the TCR on May 1, 2013, Gil A. Miller, the duly-
appointed Chapter 11 Trustee for the Debtors filed with the U.S.
Bankruptcy Court for the District of Utah a proposed Chapter 11
Trustee's Liquidating Plan of Reorganization under Section 1121 of
the Bankruptcy Code.

Pursuant to the proposed Trustee Plan, all holders of Allowed
Claims are to be paid from the assets of the Consolidated Estate
as provided for in the Plan.

A copy of the proposed Chapter 11 Trustee Liquidating Plan is
available at http://bankrupt.com/misc/deeallen.doc1070.pdf

                      About Dee Allen Randall

Dee Allen Randall in Kaysville, Utah, filed for Chapter 11
bankruptcy (Bankr. D. Utah Case No. 10-37546) on Dec. 20, 2010, to
forestall creditors while he reorganized his finances.  His
companies include Horizon Mortgage & Investment, Horizon Financial
& Insurance Group and Horizon Auto Funding.  Judge Joel T. Marker
presides over the bankruptcy case.  In his petition, Mr. Randall
estimated $10 million to $50 million in assets and $1 million to
$10 million in debts.

Mr. Randall claims he was conducting a "legal Ponzi scheme," but
authorities are investigating him for possible violations of the
law in an operation that took in $65 million from 700 or so
investors.

Gil A. Miller was appointed as Chapter 11 trustee for Mr.
Randall's bankruptcy estate.

On Oct. 12, 2011, Mr. Miller placed Mr. Randall's corporate
entities -- Horizon Auto Funding, LLC, Independent Commercial
Lending LLC, Horizon Financial Center I LLC, Horizon Mortgage and
Investment Inc. and Horizon Financial & Insurance Group Inc. -- in
bankruptcy by filing separate Chapter 11 petitions (Bankr. D. Utah
Case Nos. 11-34826, 11-34830, 11-34831, 11-34833 and 11-34834).

Judge Joel T. Marker presides over the 2010 and 2011 cases.
Michael R. Johnson, Esq., Brent D. Wride, Esq., and David H.
Leigh, Esq., at Ray Quinney & Nebeker P.C., serve as counsel to
the Chapter 11 Trustee.  The cases are substantively consolidated
under Case No. 10-37546.  Reid Collins & Tsai LLP represents the
Chapter 11 Trustee as special litigation counsel.  Fabian &
Clendenin represents the Chapter 11 Trustee as special counsel.


DESIGNLINE CORP: Meeting to Form Creditors' Panel on Aug. 27
------------------------------------------------------------
Roberta A. DeAngelis, United States Trustee for Region 3, will
hold an organizational meeting on August 27, 2013 at 10:00 a.m. in
the bankruptcy case of DesignLine Corporation, et al.  The meeting
will be held at:

         J. Caleb Boggs Federal Building
         844 King St., Room 5209
         Wilmington, DE 19801

The sole purpose of the meeting will be to form a committee or
committees of unsecured creditors in the Debtors' case.

The organizational meeting is not the meeting of creditors
pursuant to Section 341 of the Bankruptcy Code.  A representative
of the Debtor, however, may attend the Organizational Meeting, and
provide background information regarding the bankruptcy cases.

To increase participation in the Chapter 11 proceeding, Section
1102 of the Bankruptcy Code requires that the United States
Trustee appoint a committee of unsecured creditors as soon as
practicable.  The Committee ordinarily consists of the persons,
willing to serve, that hold the seven largest unsecured claims
against the debtor of the kinds represented on the committee.
Section 1103 of the Bankruptcy Code provides that the Committee
may consult with the debtor, investigate the debtor and its
business operations and participate in the formulation of a plan
of reorganization.  The Committee may also perform other services
as are in the interests of the unsecured creditors whom it
represents.


DETROIT, MI: Can Appoint Committee of Retired Employees
-------------------------------------------------------
The city of Detroit, Michigan, sought and obtained approval from
the U.S. Bankruptcy Court to appoint a committee to represent the
retired employees of the City of Detroit.

The Retiree Committee shall have the powers and duties prescribed
in section 1103 of the Bankruptcy Code, except the power
prescribed in section 1103(c)(4) of the Bankruptcy Code, in all
cases subject to the limitations applicable in chapter 9 cases.
Nothing contained in the Motion or the Court's Order will be
deemed an admission or a finding that the City has any obligation
to provide any Retirement Benefits to any Retiree or other party.

                   About Detroit, Michigan

The city of Detroit, Michigan, weighed down by more than
$18 billion in accrued obligations, sought municipal bankruptcy
protection on July 18, 2013, by filing a voluntary Chapter 9
petition (Bankr. E.D. Mich. Case No. 13-53846).  Detroit listed
more than $1 billion in both assets and debts.

Kevyn Orr, who was appointed in March 2013 as Detroit's emergency
manager, signed the petition.  Detroit is represented by
lawyers at Jones Day and Miller Canfield Paddock and Stone PLC.

Michigan Governor Rick Snyder authorized the bankruptcy filing.

The filing makes Detroit the largest American city to seek
bankruptcy, in terms of population and the size of the debts and
liabilities involved.

The city's $18 billion in debt includes $5.85 billion in special
revenue obligations, $6.4 billion in post-employment benefits,
$3.5 billion for underfunded pensions, $1.13 billion on secured
and unsecured general obligations, and $1.43 billion on pension-
related debt, according to a court filing.  Debt service consumes
42.5 percent of revenue.  The city has 100,000 creditors and
20,000 retirees.

Detroit is represented by David G. Heiman, Esq., and Heather
Lennox, Esq., at Jones Day, in Cleveland, Ohio; Bruce Bennett,
Esq., at Jones Day, in Los Angeles, California; and Jonathan S.
Green, Esq., and Stephen S. LaPlante, Esq., at Miller Canfield
Paddock and Stone PLC, in Detroit, Michigan.

Sharon Levine, Esq., at Lowenstein Sandler LLP, is representing
the American Federation of State, County and Municipal Employees
and the International Union.

Babette Ceccotti, Esq., at Cohen, Weiss & Simon LLP, is
representing the United Automobile, Aerospace and Agricultural
Implement Workers of America.


DETROIT, MI: Mich. School Districts to Test Municipal Bond Market
-----------------------------------------------------------------
Reuters reported that after three municipal bond sales in Michigan
were postponed in the wake of Detroit's bankruptcy filing, three
of the state's school districts are testing the market with sales
expected in the next two weeks.

According to the report, the Michigan Finance Authority is
planning to sell $92 million of state aid revenue notes for the
Detroit School District during the week of Aug. 19, a market
source familiar with the deal said.

The authority is also issuing $18 million of revenue bonds for
Ypsilanti Community Schools in Washtenaw County, another market
source familiar with that deal said.

The sources were not authorized to speak publicly for the
districts, the report said.  The Ypsilanti district did not
immediately respond to requests for comment.

J.P. Morgan Securities is the lead manager for both debt sales,
according to the report.

The school district in Sandusky, Michigan, a town about 90 miles
north of Detroit in Michigan's "thumb," is also planning to
refinance about $4.9 million of unlimited tax general obligation
bonds in a competitive sale on Aug. 21, according to Stauder,
Barch & Associates, the district's financial adviser, the report
further related.

                     About Detroit, Michigan

The city of Detroit, Michigan, weighed down by more than
$18 billion in accrued obligations, sought municipal bankruptcy
protection on July 18, 2013, by filing a voluntary Chapter 9
petition (Bankr. E.D. Mich. Case No. 13-53846).  Detroit listed
more than $1 billion in both assets and debts.

Kevyn Orr, who was appointed in March 2013 as Detroit's emergency
manager, signed the petition.  Detroit is represented by
lawyers at Jones Day and Miller Canfield Paddock and Stone PLC.

Michigan Governor Rick Snyder authorized the bankruptcy filing.

The filing makes Detroit the largest American city to seek
bankruptcy, in terms of population and the size of the debts and
liabilities involved.

The city's $18 billion in debt includes $5.85 billion in special
revenue obligations, $6.4 billion in post-employment benefits,
$3.5 billion for underfunded pensions, $1.13 billion on secured
and unsecured general obligations, and $1.43 billion on pension-
related debt, according to a court filing.  Debt service consumes
42.5 percent of revenue.  The city has 100,000 creditors and
20,000 retirees.

Detroit is represented by David G. Heiman, Esq., and Heather
Lennox, Esq., at Jones Day, in Cleveland, Ohio; Bruce Bennett,
Esq., at Jones Day, in Los Angeles, California; and Jonathan S.
Green, Esq., and Stephen S. LaPlante, Esq., at Miller Canfield
Paddock and Stone PLC, in Detroit, Michigan.

Sharon Levine, Esq., at Lowenstein Sandler LLP, is representing
the American Federation of State, County and Municipal Employees
and the International Union.

Babette Ceccotti, Esq., at Cohen, Weiss & Simon LLP, is
representing the United Automobile, Aerospace and Agricultural
Implement Workers of America.


DETROIT, MI: Area Tries to Protect World-Class Art From Bankruptcy
------------------------------------------------------------------
Joseph Lichterman, writing for Reuters, reported that a Detroit
metropolitan county is threatening to cut funding to the city's
art museum if Detroit's bankruptcy filing leads to the sale of any
of its collection which includes works by Vincent van Gogh,
Rembrandt and Diego Rivera.

According to the report, the Oakland County Art Institute
Authority will vote on whether to stop distributing property tax
revenue to the Detroit Institute of Art if Detroit's emergency
manager decides to sell any of its artwork or divert funds from
the museum to pay the city's creditors.

Last year, voters in suburban Oakland, Wayne and Macomb counties
approved a property tax levy to provide the DIA up to $23 million
annually for its operations, the report related.  Oakland County
taxpayers were expected to provide $9.8 million of the total.

The authority is taking the vote to put the city "on notice," said
chairman Thomas Guastello, the report further related.  He said
Detroit would be violating the counties' agreement with the DIA if
it moved to monetize any DIA assets to pay the city's debt after
it filed for the largest ever municipal bankruptcy in U.S.
history.

"This violates the core of the issue that was brought to the
voters," he said, the report cited.

                      About Detroit, Michigan

The city of Detroit, Michigan, weighed down by more than
$18 billion in accrued obligations, sought municipal bankruptcy
protection on July 18, 2013, by filing a voluntary Chapter 9
petition (Bankr. E.D. Mich. Case No. 13-53846).  Detroit listed
more than $1 billion in both assets and debts.

Kevyn Orr, who was appointed in March 2013 as Detroit's emergency
manager, signed the petition.  Detroit is represented by
lawyers at Jones Day and Miller Canfield Paddock and Stone PLC.

Michigan Governor Rick Snyder authorized the bankruptcy filing.

The filing makes Detroit the largest American city to seek
bankruptcy, in terms of population and the size of the debts and
liabilities involved.

The city's $18 billion in debt includes $5.85 billion in special
revenue obligations, $6.4 billion in post-employment benefits,
$3.5 billion for underfunded pensions, $1.13 billion on secured
and unsecured general obligations, and $1.43 billion on pension-
related debt, according to a court filing.  Debt service consumes
42.5 percent of revenue.  The city has 100,000 creditors and
20,000 retirees.

Detroit is represented by David G. Heiman, Esq., and Heather
Lennox, Esq., at Jones Day, in Cleveland, Ohio; Bruce Bennett,
Esq., at Jones Day, in Los Angeles, California; and Jonathan S.
Green, Esq., and Stephen S. LaPlante, Esq., at Miller Canfield
Paddock and Stone PLC, in Detroit, Michigan.

Sharon Levine, Esq., at Lowenstein Sandler LLP, is representing
the American Federation of State, County and Municipal Employees
and the International Union.

Babette Ceccotti, Esq., at Cohen, Weiss & Simon LLP, is
representing the United Automobile, Aerospace and Agricultural
Implement Workers of America.


DETROIT, MI: Bond Creditors Skip Initial Bankruptcy Fight
---------------------------------------------------------
Reuters reported that Detroit's municipal bond creditors did not
object to the city's historic bankruptcy petition by the Aug. 19
deadline but may be gearing up for a bigger battle down the road
that could pit payments on city bonds against pension payments.

According to the report, public labor unions, the city's two
pension funds, retirees, vendors, and individuals filed a slew of
objections with the U.S. Bankruptcy Court in Detroit. Bondholders,
including mutual funds, as well as bond insurers, which guarantee
payments on much of the city's debt, were absent from the list.

"I'm speechless," said Dick Larkin, director of credit analysis at
HJ Sims, the report related.  In typical Chapter 9 municipal
bankruptcies, bond creditors are on the front battle lines, he
noted. The no-show by bond holders means only two of Detroit's 20
largest unsecured creditors, the city's two pension funds,
disputed the city's right to proceed in bankruptcy court.

Patrick Darby, a bankruptcy attorney at Bradley Arant Boult
Cummings LLP, said that bond creditors may have concluded there
are no other alternatives for Detroit but bankruptcy, the report
added.  As the bankruptcy proceeds, bondholders will vie against
pension funds and other creditors for payment from the city.

"Maybe they have taken a realistic view and concluded that Detroit
is in fact insolvent and needs the protection of chapter 9," he
said, the report further related.

                     About Detroit, Michigan

The city of Detroit, Michigan, weighed down by more than
$18 billion in accrued obligations, sought municipal bankruptcy
protection on July 18, 2013, by filing a voluntary Chapter 9
petition (Bankr. E.D. Mich. Case No. 13-53846).  Detroit listed
more than $1 billion in both assets and debts.

Kevyn Orr, who was appointed in March 2013 as Detroit's emergency
manager, signed the petition.  Detroit is represented by
lawyers at Jones Day and Miller Canfield Paddock and Stone PLC.

Michigan Governor Rick Snyder authorized the bankruptcy filing.

The filing makes Detroit the largest American city to seek
bankruptcy, in terms of population and the size of the debts and
liabilities involved.

The city's $18 billion in debt includes $5.85 billion in special
revenue obligations, $6.4 billion in post-employment benefits,
$3.5 billion for underfunded pensions, $1.13 billion on secured
and unsecured general obligations, and $1.43 billion on pension-
related debt, according to a court filing.  Debt service consumes
42.5 percent of revenue.  The city has 100,000 creditors and
20,000 retirees.

Detroit is represented by David G. Heiman, Esq., and Heather
Lennox, Esq., at Jones Day, in Cleveland, Ohio; Bruce Bennett,
Esq., at Jones Day, in Los Angeles, California; and Jonathan S.
Green, Esq., and Stephen S. LaPlante, Esq., at Miller Canfield
Paddock and Stone PLC, in Detroit, Michigan.

Sharon Levine, Esq., at Lowenstein Sandler LLP, is representing
the American Federation of State, County and Municipal Employees
and the International Union.

Babette Ceccotti, Esq., at Cohen, Weiss & Simon LLP, is
representing the United Automobile, Aerospace and Agricultural
Implement Workers of America.


DIAGNOSTIC VENTURES: Former Exec Ducks Fraud Claims
---------------------------------------------------
Law360 reported that a Pennsylvania federal judge cleared a former
director at bankrupt medical-property developer Diagnostic
Ventures Inc. of fraud claims, freeing him from a lawsuit filed by
six institutional investors against the former firm's executives.

According to the report, the summary judgment is the latest in a
series of exonerations of DVI execs of responsibility for the
fraud.  Judge Legrome D. Davis said there is no evidence that
Gerald L. Cohn, a former director on DVI's credit committee, had
anything to do with misleading investors leading up to the 2003
bankruptcy, the report related.

The case is WM HIGH YIELD FUND et al v. O'HANLON et al, Case No.
2:04-cv-03423 (E.D. Pa.) before Judge Legrome D. Davis.

                     About Diagnostic Ventures

Diagnostic Ventures, Inc., was a healthcare finance company that
extended loans to medical providers to facilitate the purchase of
diagnostic medical equipment and leasehold improvements, and
offered lines of credit for working capital secured by healthcare
receivables.  Founded in 1986, DVI was a publicly traded company
with reported assets of $1.7 billion in 2003.  Its common stock
began trading on the New York Stock Exchange in 1992. It issued
two tranches of 9 7/8% senior notes: the first, issued in 1997,
totaled $100 million; the second, issued in 1998, totaled $55
million.

On August 13, 2003, DVI disclosed its intention to file for
bankruptcy protection.  On August 25, 2003, DVI and affiliates DVI
Business Credit, Inc., and DVI Financial Services, Inc., filed for
Chapter 11 bankruptcy protection in U.S. Bankruptcy Court for the
District of Delaware and began liquidating assets.  R. Todd
Neilson, CPA was appointed by the Bankruptcy Court to investigate
the Debtor DVI's financial transactions, accounting practices, and
alleged wrongdoing.


DR TATTOFF: Incurs $1 Million Net Loss in Second Quarter
--------------------------------------------------------
Dr. Tattoff, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $1.02 million on $1.06 million of revenues for the three months
ended June 30, 2013, as compared with a net loss of $522,959 on
$790,075 of revenues for the same period last year.

For the six months ended June 30, 2013, the Company incurred a net
loss of $2.27 million on $1.97 million of revenues, as compared
with a net loss of $1.14 million on $1.55 million of revenues for
the same period during the prior year.

The Company's balance sheet at June 30, 2013, showed $2.52 million
in total assets, $4.92 million in total liabilities and $2.40
million total shareholders' deficit.

A copy of the Form 10-Q is available for free at:

                         http://is.gd/w2BIne

                          About Dr. Tattoff

Beverly Hills, Calif.-based Dr. Tattoff, Inc., currently operates
or provides management services to five laser tattoo and hair
removal clinics located in Texas and California, all of which
operate under the Company's registered trademark "Dr. Tattoff."

Dr. Tattoff disclosed a net loss of $2.83 million on $3.20 million
of revenue for the year ended Dec. 31, 2012, as compared with a
net loss of $2.47 million on $2.66 million of revenue during the
prior year.

SingerLewak LLP, in Los Angeles, California, issued a "going
concern" qualification on the consolidated financial statements
for the year ended Dec. 31, 2012.  The independent auditors noted
that the Company's current liabilities exceeded its current assets
by approximately $1,547,000, has shareholders' deficit of
approximately $806,000, has suffered recurring losses and negative
cash flows from operations, and has an accumulated deficit of
approximately $7,407,000 at Dec. 31, 2012, which conditions raise
substantial doubt about the Company's ability to continue as a
going concern.


DTS8 COFFEE: Incurs $1.1 Million Net Loss in Fiscal 2013
--------------------------------------------------------
DTS8 Coffee Company, Ltd., filed with the U.S. Securities and
Exchange Commission its annual report on Form 10-K disclosing a
net loss of $1.11 million on $42,333 of revenue for the year ended
April 30, 2013, as compared with a net loss of $45,730 on $58,044
of revenue a year ago.

As of April 30, 2013, the Company had $4.60 million in total
assets, $755,882 in total liabilities and $3.84 million in total
shareholders' equity.

Malone & Bailey, PC, in Houston, Texas, issued a "going concern"
qualification on the consolidated financial statements for the
year ended April 30, 2013.  The independent auditors noted that
the Company has suffered recurring losses from operations, which
raises substantial doubt about its ability to continue as a going
concern.

A copy of the Form 10-K is available for free at:

                        http://is.gd/x4zGut

                          About DTS8 Coffee

DTS8 Coffee Company, Ltd. (previously Berkeley Coffee & Tea, Inc.)
was incorporated in the State of Nevada on March 27, 2009.
Effective Jan. 22, 2013, the Company changed its name from
Berkeley Coffee & Tea, Inc., to DTS8 Coffee Company, Ltd.  On
April 30, 2012, the Company acquired 100 percent of the issued and
outstanding capital stock of DTS8 Holdings Co., Ltd., a
corporation organized and existing since June 2008 under the laws
of Hong Kong and which owns DTS8 Coffee (Shanghai) Co., Ltd.

DTS8 Holdings, through its subsidiary DTS8 Coffee, is a gourmet
coffee roasting company established in June 2008.  DTS8 Coffee's
office and roasting factory is located in Shanghai, China.  DTS8
Coffee is in the business of roasting, marketing and selling
gourmet roasted coffee to its customers in Shanghai, and other
parts of China.  It sells gourmet roasted coffee under the "DTS8
Coffee" label through distribution channels that reach consumers
at restaurants, multi-location coffee shops, and offices.


EARL GAUDIO: Files Amended List of 20 Largest Unsecured Creditors
-----------------------------------------------------------------
Earl Gaudio & Son Inc. submitted to the Bankruptcy Court a list
that identifies its top 20 unsecured creditors.

Creditors with the three largest claims are:

  Entity                       Nature of Claim       Claim Amount
  ------                       ---------------       ------------
Regions Commercial Pam                                 $5,025,075
PO Box 11407                                           (3,000,000
Birmingham, AL, 35246                                 secured)

Illinois Department of Revenue                           $521,884
100 West Randolph St.
Chicago, IL 60601

World Business Lenders, LLC                              $335,768
120W, 45th St.                                         (3,000,000
29th Floor                                             secured)
New York, NY 10036                                     (5,075,000
                                                      Senior lien)

A copy of the creditors' list is available for free at:

   http://bankrupt.com/misc/EARLGAUDIO_creditorslist_amended.pdf

Earl Gaudio & Son Inc. filed a Chapter 11 petition (Bankr. C.D.
Ill. Case No. 13-90942) on July 19, 2013.  The petition was signed
by Angela E. Major Hart, as authorized signer of First Midwest
Bank, custodian.  Judge Gerald D. Fines presides over the case.
The Debtor estimated assets of at least $10 million and debts of
at least $1 million.  John David Burke, Esq., at Ice Miller, LLP,
serves as the Debtor's counsel.


EARL GAUDIO: Files Schedules of Assets and Liabilities
------------------------------------------------------
Earl Gaudio & Son Inc. filed with the Bankruptcy Court for the
Central District of Illinois its schedules of assets and
liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                $3,000,000
  B. Personal Property            $8,849,000
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                                $6,459,078
  E. Creditors Holding
     Unsecured Priority
     Claims                                          $705,718
  F. Creditors Holding
     Unsecured Non-priority
     Claims                                        $1,324,493
                                 -----------      -----------
        TOTAL                    $11,849,187       $8,489,291

Earl Gaudio & Son Inc. filed a Chapter 11 petition (Bankr. C.D.
ILL. Case No. 13-90942) on July 19, 2013.  The petition was signed
by Angela E. Major Hart, as authorized signer of First Midwest
Bank, custodian.  Judge Gerald D. Fines presides over the case.
The Debtor estimated assets of at least $10 million and debts of
at least $1 million.  John David Burke, Esq., at Ice Miller, LLP,
serves as the Debtor's counsel.


EASTMAN KODAK: Signs Deal Rejecting Century Insurance Policies
--------------------------------------------------------------
Eastman Kodak Co. and a group of insurance firms represented by
New York-based O'Melveny & Myers LLP signed a deal under which the
company agreed not to assume any general or excess liability
insurance policies issued by the firms.

The insurance policies will be rejected and the insurance firms,
which include Century Indemnity Co. and INA, will have no further
obligations under those policies as of the effective date of
Kodak's Chapter 11 reorganization plan.  The agreement can be
accessed for free at http://is.gd/08p2xm

O'Melveny & Myers LLP can be reached at:

     Tancred Schiavoni, Esq.
     7 Times Square
     New York, NY 10036
     Tel: (212) 326-2000
     Fax: (212) 326-2061
     Email: tschiavoni@omm.com

                        About Eastman Kodak

Rochester, New York-based Eastman Kodak Company and its U.S.
subsidiaries on Jan. 19, 2012, filed voluntarily Chapter 11
petitions (Bankr. S.D.N.Y. Lead Case No. 12-10202) in Manhattan.
Subsidiaries outside of the U.S. were not included in the filing
and are expected to continue to operate as usual.

Kodak, founded in 1880 by George Eastman, was once the world's
leading producer of film and cameras.  Kodak sought bankruptcy
protection amid near-term liquidity issues brought about by
steeper-than-expected declines in Kodak's historically profitable
traditional businesses, and cash flow from the licensing and sale
of intellectual property being delayed due to litigation tactics
employed by a small number of infringing technology companies
with strong balance sheets and an awareness of Kodak's liquidity
challenges.

In recent years, Kodak has been working to transform itself from
a business primarily based on film and consumer photography to a
smaller business with a digital growth strategy focused on the
commercialization of proprietary digital imaging and printing
technologies.  Kodak has 8,900 patent and trademark registrations
and applications in the United States, as well as 13,100 foreign
patents and trademark registrations or pending registration in
roughly 160 countries.

Attorneys at Sullivan & Cromwell LLP and Young Conaway Stargatt &
Taylor, LLP, serve as counsel to the Debtors.  FTI Consulting,
Inc., is the restructuring advisor.   Lazard Freres & Co. LLC, is
the investment banker.  Kurtzman Carson Consultants LLC is the
claims agent.

The Official Committee of Unsecured Creditors has tapped Milbank,
Tweed, Hadley & McCloy LLP, as its bankruptcy counsel.

Michael S. Stamer, Esq., David H. Botter, Esq., and Abid Qureshi,
Esq., at Akin Gump Strauss Hauer & Feld LLP, represent the
Unofficial Second Lien Noteholders Committee.

The Retirees Committee has hired Haskell Slaughter Young &
Rediker, LLC, and Arent Fox, LLC as Co-Counsel; Zolfo Cooper,
LLC, as Bankruptcy Consultants and Financial Advisors; and the
Segal Company, as Actuarial Advisors.

Robert J. Stark, Esq., Andrew Dash, Esq., and Neal A. D'Amato,
Esq., at Brown Rudnick LLP, represent Greywolf Capital Partners
II; Greywolf Capital Overseas Master Fund; Richard Katz, Kenneth
S. Grossman; and Paul Martin.

Kodak completed the $527 million sale of digital-imaging
technology on Feb. 1, 2013.  Kodak intends to reorganize by
focusing on the commercial printing business.

At the end of April 2013, Kodak filed a proposed reorganization
plan offering 85 percent of the stock to holders of the remaining
$375 million in second-lien notes. The other 15 percent is for
unsecured creditors with $2.7 billion in claims and retirees who
have a $635 million claim from the loss of retirement benefits.


EASTMAN KODAK: Wins Approval to Reject Contracts With Acro, et al.
------------------------------------------------------------------
Eastman Kodak Co. received the green light from U.S. Bankruptcy
Judge Allan Gropper to reject its contracts with Acro Industries
Inc., The University of Mississippi Medical Center and Winfield
Industries.  A list of the contracts is available for free at
http://is.gd/R11iO8

                        About Eastman Kodak

Rochester, New York-based Eastman Kodak Company and its U.S.
subsidiaries on Jan. 19, 2012, filed voluntarily Chapter 11
petitions (Bankr. S.D.N.Y. Lead Case No. 12-10202) in Manhattan.
Subsidiaries outside of the U.S. were not included in the filing
and are expected to continue to operate as usual.

Kodak, founded in 1880 by George Eastman, was once the world's
leading producer of film and cameras.  Kodak sought bankruptcy
protection amid near-term liquidity issues brought about by
steeper-than-expected declines in Kodak's historically profitable
traditional businesses, and cash flow from the licensing and sale
of intellectual property being delayed due to litigation tactics
employed by a small number of infringing technology companies
with strong balance sheets and an awareness of Kodak's liquidity
challenges.

In recent years, Kodak has been working to transform itself from
a business primarily based on film and consumer photography to a
smaller business with a digital growth strategy focused on the
commercialization of proprietary digital imaging and printing
technologies.  Kodak has 8,900 patent and trademark registrations
and applications in the United States, as well as 13,100 foreign
patents and trademark registrations or pending registration in
roughly 160 countries.

Attorneys at Sullivan & Cromwell LLP and Young Conaway Stargatt &
Taylor, LLP, serve as counsel to the Debtors.  FTI Consulting,
Inc., is the restructuring advisor.   Lazard Freres & Co. LLC, is
the investment banker.  Kurtzman Carson Consultants LLC is the
claims agent.

The Official Committee of Unsecured Creditors has tapped Milbank,
Tweed, Hadley & McCloy LLP, as its bankruptcy counsel.

Michael S. Stamer, Esq., David H. Botter, Esq., and Abid Qureshi,
Esq., at Akin Gump Strauss Hauer & Feld LLP, represent the
Unofficial Second Lien Noteholders Committee.

The Retirees Committee has hired Haskell Slaughter Young &
Rediker, LLC, and Arent Fox, LLC as Co-Counsel; Zolfo Cooper,
LLC, as Bankruptcy Consultants and Financial Advisors; and the
Segal Company, as Actuarial Advisors.

Robert J. Stark, Esq., Andrew Dash, Esq., and Neal A. D'Amato,
Esq., at Brown Rudnick LLP, represent Greywolf Capital Partners
II; Greywolf Capital Overseas Master Fund; Richard Katz, Kenneth
S. Grossman; and Paul Martin.

Kodak completed the $527 million sale of digital-imaging
technology on Feb. 1, 2013.  Kodak intends to reorganize by
focusing on the commercial printing business.

At the end of April 2013, Kodak filed a proposed reorganization
plan offering 85 percent of the stock to holders of the remaining
$375 million in second-lien notes. The other 15 percent is for
unsecured creditors with $2.7 billion in claims and retirees who
have a $635 million claim from the loss of retirement benefits.


EASTMAN KODAK: Seeks Court Approval to Assume 174 Contracts
-----------------------------------------------------------
Eastman Kodak Co. seeks approval from U.S. Bankruptcy Judge Allan
Gropper to assume 174 contracts.

"The debtors derive ongoing benefits from the assumed contracts,
which will continue to be beneficial to the reorganized debtors
after emergence from bankruptcy," said Kodak lawyer, Sean
Greecher, Esq., at Young Conaway Stargatt & Taylor LLP, in New
York.

As part of the assumption of the contracts, Kodak proposed to pay
$95,637 to cure any default under the contracts.  A list of the
contracts is available without charge at http://is.gd/FQJXib

A court hearing is scheduled for September 16.  Objections are due
by September 9.

                        About Eastman Kodak

Rochester, New York-based Eastman Kodak Company and its U.S.
subsidiaries on Jan. 19, 2012, filed voluntarily Chapter 11
petitions (Bankr. S.D.N.Y. Lead Case No. 12-10202) in Manhattan.
Subsidiaries outside of the U.S. were not included in the filing
and are expected to continue to operate as usual.

Kodak, founded in 1880 by George Eastman, was once the world's
leading producer of film and cameras.  Kodak sought bankruptcy
protection amid near-term liquidity issues brought about by
steeper-than-expected declines in Kodak's historically profitable
traditional businesses, and cash flow from the licensing and sale
of intellectual property being delayed due to litigation tactics
employed by a small number of infringing technology companies
with strong balance sheets and an awareness of Kodak's liquidity
challenges.

In recent years, Kodak has been working to transform itself from
a business primarily based on film and consumer photography to a
smaller business with a digital growth strategy focused on the
commercialization of proprietary digital imaging and printing
technologies.  Kodak has 8,900 patent and trademark registrations
and applications in the United States, as well as 13,100 foreign
patents and trademark registrations or pending registration in
roughly 160 countries.

Attorneys at Sullivan & Cromwell LLP and Young Conaway Stargatt &
Taylor, LLP, serve as counsel to the Debtors.  FTI Consulting,
Inc., is the restructuring advisor.   Lazard Freres & Co. LLC, is
the investment banker.  Kurtzman Carson Consultants LLC is the
claims agent.

The Official Committee of Unsecured Creditors has tapped Milbank,
Tweed, Hadley & McCloy LLP, as its bankruptcy counsel.

Michael S. Stamer, Esq., David H. Botter, Esq., and Abid Qureshi,
Esq., at Akin Gump Strauss Hauer & Feld LLP, represent the
Unofficial Second Lien Noteholders Committee.

The Retirees Committee has hired Haskell Slaughter Young &
Rediker, LLC, and Arent Fox, LLC as Co-Counsel; Zolfo Cooper,
LLC, as Bankruptcy Consultants and Financial Advisors; and the
Segal Company, as Actuarial Advisors.

Robert J. Stark, Esq., Andrew Dash, Esq., and Neal A. D'Amato,
Esq., at Brown Rudnick LLP, represent Greywolf Capital Partners
II; Greywolf Capital Overseas Master Fund; Richard Katz, Kenneth
S. Grossman; and Paul Martin.

Kodak completed the $527 million sale of digital-imaging
technology on Feb. 1, 2013.  Kodak intends to reorganize by
focusing on the commercial printing business.

At the end of April 2013, Kodak filed a proposed reorganization
plan offering 85 percent of the stock to holders of the remaining
$375 million in second-lien notes. The other 15 percent is for
unsecured creditors with $2.7 billion in claims and retirees who
have a $635 million claim from the loss of retirement benefits.


EASTMAN KODAK: Seeks Extension to Object to Sec. 503(b)(9) Claims
-----------------------------------------------------------------
Eastman Kodak Co. filed a motion seeking additional time to file
objections to claims asserted against the company pursuant to
Section 503(b)(9) of the Bankruptcy Code.

Kodak proposed to extend the deadline through and including the
90th day after the effective date of its Chapter 11 reorganization
plan.  The current deadline is September 11.

The company has received approximately 500 claims that they must
evaluate to determine whether they are valid or not.

U.S. Bankruptcy Judge Allan Gropper will hold a hearing on August
29 to consider approval of the motion.  Objections are due by
August 27.

                        About Eastman Kodak

Rochester, New York-based Eastman Kodak Company and its U.S.
subsidiaries on Jan. 19, 2012, filed voluntarily Chapter 11
petitions (Bankr. S.D.N.Y. Lead Case No. 12-10202) in Manhattan.
Subsidiaries outside of the U.S. were not included in the filing
and are expected to continue to operate as usual.

Kodak, founded in 1880 by George Eastman, was once the world's
leading producer of film and cameras.  Kodak sought bankruptcy
protection amid near-term liquidity issues brought about by
steeper-than-expected declines in Kodak's historically profitable
traditional businesses, and cash flow from the licensing and sale
of intellectual property being delayed due to litigation tactics
employed by a small number of infringing technology companies
with strong balance sheets and an awareness of Kodak's liquidity
challenges.

In recent years, Kodak has been working to transform itself from
a business primarily based on film and consumer photography to a
smaller business with a digital growth strategy focused on the
commercialization of proprietary digital imaging and printing
technologies.  Kodak has 8,900 patent and trademark registrations
and applications in the United States, as well as 13,100 foreign
patents and trademark registrations or pending registration in
roughly 160 countries.

Attorneys at Sullivan & Cromwell LLP and Young Conaway Stargatt &
Taylor, LLP, serve as counsel to the Debtors.  FTI Consulting,
Inc., is the restructuring advisor.   Lazard Freres & Co. LLC, is
the investment banker.  Kurtzman Carson Consultants LLC is the
claims agent.

The Official Committee of Unsecured Creditors has tapped Milbank,
Tweed, Hadley & McCloy LLP, as its bankruptcy counsel.

Michael S. Stamer, Esq., David H. Botter, Esq., and Abid Qureshi,
Esq., at Akin Gump Strauss Hauer & Feld LLP, represent the
Unofficial Second Lien Noteholders Committee.

The Retirees Committee has hired Haskell Slaughter Young &
Rediker, LLC, and Arent Fox, LLC as Co-Counsel; Zolfo Cooper,
LLC, as Bankruptcy Consultants and Financial Advisors; and the
Segal Company, as Actuarial Advisors.

Robert J. Stark, Esq., Andrew Dash, Esq., and Neal A. D'Amato,
Esq., at Brown Rudnick LLP, represent Greywolf Capital Partners
II; Greywolf Capital Overseas Master Fund; Richard Katz, Kenneth
S. Grossman; and Paul Martin.

Kodak completed the $527 million sale of digital-imaging
technology on Feb. 1, 2013.  Kodak intends to reorganize by
focusing on the commercial printing business.

At the end of April 2013, Kodak filed a proposed reorganization
plan offering 85 percent of the stock to holders of the remaining
$375 million in second-lien notes. The other 15 percent is for
unsecured creditors with $2.7 billion in claims and retirees who
have a $635 million claim from the loss of retirement benefits.


EAT AT JOE'S: Posts $3.3 Million Net Income in Second Quarter
-------------------------------------------------------------
Eat at Joe's Ltd. filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
of $3.27 million on $326,740 of revenues for the three months
ended June 30, 2013, as compared with a net loss of $44,143 on
$289,503 of revenues for the same period last year.

For the six months ended June 30, 2013, the Company posted net
income of $3.62 million on $604,068 of revenues, as compared with
a net loss of $21,782 on $602,472 of revenues for the same period
during the prior year.

As of June 30, 2013, the Company had $4.78 million in total
assets, $2.49 million in total liabilities and $2.28 million in
total stockholders' deficit.

A copy of the Form 10-Q is available for free at:

                      http://is.gd/6lvDRs

                       About Eat at Joe's

Scarsdale, N.Y.-based Eat at Joe's, Ltd., presently owns and
operates one theme restaurant located in Philadelphia,
Pennsylvania.

Eat at Joe's disclosed net income of $1.92 million on $1.12
million of revenue for the year ended Dec. 31, 2012, as compared
with a net loss of $152,909 on $1.07 million of revenue during the
preceding year.

Robison, Hill & Co., in Salt Lake City, Utah, issued a "going
concern" qualification on the consolidated financial statements
for the year ended Dec. 31, 2012.  The independent auditors noted
that the Company has suffered recurring losses from operations and
has a net capital deficiency that raise substantial doubt about
its ability to continue as a going concern.


EAU TECHNOLOGIES: Incurs $765,000 Net Loss in Second Quarter
------------------------------------------------------------
EAU Technologies, Inc., filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
a net loss of $765,435 on $714,787 of total revenues for the three
months ended June 30, 2013, as compared with a net loss of
$563,248 on $119,237 of total revenues for the same period during
the prior year.

For the six months ended June 30, 2013, the Company incurred a net
loss of $1.04 million on $1.34 million of total revenues, as
compared with a net loss of $1.12 million on $194,931 of total
revenues for the same period last year.

The Company's balance sheet at June 30, 2013, showed $1.55 million
in total assets, $8.51 million in total liabilities and a $6.95
million total stockholders' deficit.

A copy of the Form 10-Q is available for free at:

                       http://is.gd/72CIlF

                      About EAU Technologies

Kennesaw, Ga.-base EAU Technologies, Inc., is in the business of
developing, manufacturing and marketing equipment that uses water
electrolysis to create non-toxic cleaning and disinfecting fluids
for food safety applications as well as dairy drinking water.

EAU Technologies disclosed a net loss of $2.03 million on $471,209
of total revenues for the year ended Dec. 31, 2012, as compared
with a net loss of $3.04 million on $1.90 million of total
revenues during the prior year.

HJ & Associates, LLC, in Salt Lake City, Utah, issued a "going
concern" qualification on the consolidated financial statements
for the year ended Dec. 31, 2012.  The independent auditors noted
that Company has a working capital deficit, a deficit in
stockholders' equity and has sustained recurring losses from
operations which raise substantial doubt about the Company's
ability to continue as a going concern.


ECOTALITY INC: Pomerantz Law Firm Files Class Action Suit
---------------------------------------------------------
Pomerantz Grossman Hufford Dahlstrom & Gross LLP on Aug. 20
disclosed that it has filed a class action lawsuit against
Ecotality, Inc. and certain of its officers.  The class action,
filed in United States District Court, Northern District of
California, and docketed under 13-cv-03840, is on behalf of a
class consisting of all persons or entities who purchased or
otherwise acquired securities of Ecotality between April 16, 2012
and August 9, 2013 both dates inclusive.  This class action seeks
to recover damages against the Company and certain of its officers
and directors as a result of alleged violations of the federal
securities laws pursuant to Sections 10(b) and 20(a) of the
Securities Exchange Act of 1934 and Rule 10b-5 promulgated
thereunder.

If you are a shareholder who purchased Ecotality securities during
the Class Period, you have until October 14, 2013 to ask the Court
to appoint you as Lead Plaintiff for the class.  A copy of the
Complaint can be obtained at http://www.pomerantzlaw.com

To discuss this action, contact Robert S. Willoughby at
rswilloughby@pomlaw.com or 888-476-6529 (or 888.4-POMLAW), toll
free, x237.  Those who inquire by e-mail are encouraged to include
their mailing address, telephone number, and number of shares
purchased.

Ecotality, engages in designing, manufacturing, testing, and
commercializing electric vehicle (EV) charging and energy storage
systems in the United States and internationally.  It primary
products include the Blink line of charging stations for passenger
vehicle applications, such as Blink Level 2 residential and
commercial chargers, and the Blink DC Fast Chargers, as well as a
turnkey network operating system for EV drivers, commercial
businesses, and utilities; and the Minit-Charger line of fast-
charge systems for off-road industrial applications, including
material handling operations and airport ground service equipment.

The Complaint alleges that throughout the Class Period, Defendants
made false and/or misleading statements, as well as failed to
disclose material adverse facts about the Company's business,
operations, and prospects.  Specifically, Defendants made false
and/or misleading statements and/or failed to disclose that: (1)
the Company was facing an impeding shutdown of funds from the
United States Department of Energy ("DOE"); (2) the Company was
inappropriately recognizing revenue and drawing down expenses on
its contract with DOE; (3) the Company's products contained
significant design and manufacturing defects; (4) the Company
lacked adequate internal controls over financial reporting; and,
(5) as a result of the foregoing, the Company's statements were
materially false and misleading at all relevant times.

On August 12, 2013, the Company disclosed that the DOE had
suspended all payments to the Company, had ordered the Company to
cease incurring new costs under its prior arrangement with DOE,
and had ordered it to notify all of Ecotality's vendors of the
DOE's action.  The Company also disclosed that it was unable to
correct design and manufacturing defects in its charging systems,
likely requiring a recall of all connector plugs on the 12,000
charging stations it had installed to date; and that as a result,
it had hired a restructuring adviser to evaluate options including
filing a bankruptcy "in the very near future."  On this news,
Ecotality securities declined $1.16 per share or over 79%, to
close at $0.35 per share on August 12, 2013.

The Pomerantz Firm -- http://www.pomerantzlaw.com-- concentrates
its practice in the areas of corporate, securities, and antitrust
class litigation.  The firm has offices in New York, Chicago,
Florida, and San Diego.


EL FARMER: Can Access PR Asset Cash Collateral Until Aug. 30
------------------------------------------------------------
As stated in open court, El Farmer, Inc.'s motion for authority to
use cash collateral of PR Asset Portfolio 2013-1 International,
LLC., from the funds currently in Suiza Dairy, Inc.'s possession
and those that become in its possession thereafter, filed on June
28, 2013, is granted nunc pro tunc to July 1, 2013, and the use of
cash collateral is extended until Aug. 30, 2013.  The Debtor is to
provide more detailed information related to payroll expenses and
as to the president's salary.  Also, the Debtor must file the
weekly and monthly reports in a timely manner.

El Farmer, Inc., filed a Chapter 11 petition (Bankr. D.P.R. Case
No. 12-09687) in Old San Juan, Puerto Rico on Dec. 7, 2012.  The
Debtor scheduled $18.3 million in assets and $12.0 million in
liabilities, including $11.0 million owed to secured creditor
Banco Popular De Puerto Rico.  The Debtor owns farm lands in
Isabela, Puerto Rico.  Modesto Bigas Mendez, Esq., at Bigas &
Bigas represents the Debtor as counsel.


EL FARMER: To Seek Approval of Plan Disclosures on Aug. 30
----------------------------------------------------------
El Farmer, Inc., filed with the U.S. Bankruptcy Court for the
District of Puerto Rico a Proposed Plan of Reorganization and
explanatory Disclosure Statement on July 29, 2013.

Pursuant to the Plan, general unsecured creditors will receive a
distribution of 5% of their allowed claims to be distributed at
$4,396 per month for 96 months.  General unsecured claims filed in
the case total $54,926.79.  BPPR's unsecured portion is
$6,592,679.

With respect to BPPR's Secured Claim of $11,641,429, the Debtor
will pay the value of collateral determined as $5,048,750 at the
rate of $36,092 in 180 equal monthly installments.  The balance
will be treated as a general unsecured claim.

Payments and distributions under the Plan will be funded from the
Debtor's postpetition income from the operation of the business.

A copy of the Disclosure Statement is available at:

           http://bankrupt.com/misc/elfarmer.doc120.pdf

The hearing on Disclosure Statement is scheduled for Aug. 30,
2013, at 9:00 a.m.  Objections to the disclosure statement are due
no later than fourteen (14) days prior to the hearing.

                          About El Farmer

El Farmer, Inc., filed a Chapter 11 petition (Bankr. D.P.R. Case
No. 12-09687) in Old San Juan, Puerto Rico on Dec. 7, 2012.  The
Debtor scheduled $18.3 million in assets and $12.0 million in
liabilities, including $11.0 million owed to secured creditor
Banco Popular De Puerto Rico.  The Debtor owns farm lands in
Isabela, Puerto Rico.  Modesto Bigas Mendez, Esq., at Bigas &
Bigas represents the Debtor as counsel.


EMPIRE RESORTS: Incurs $1.1 Million Net Loss in Second Quarter
--------------------------------------------------------------
Empire Resorts, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $1.09 million on $18.92 million of net revenues for the three
months ended June 30, 2013, as compared with net income of
$240,000 on $18.85 million of net revenues for the same period
last year.

For the six months ended June 30, 2013, the Company incurred a net
loss of $1.55 million on $35.75 million of net revenues, as
compared with net income of $510,000 on $36.14 million of net
revenues for the same period a year ago.

Empire Resorts reported a net loss applicable to common shares of
$2.26 million in 2012, as compared with a net loss applicable to
common shares of $1.57 million in 2011.

As of June 30, 2013, the Company had $60.48 million in total
assets, $51.51 million in total liabilities and $8.96 million in
total stockholders' equity.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/frHkbn

                        About Empire Resorts

Based in Monticello, New York, Empire Resorts, Inc. (NASDAQ: NYNY)
-- http://www.empireresorts.com/-- owns and operates Monticello
Casino & Raceway, a video gaming machine and harness racing track
and casino located in Monticello, New York, 90 miles northwest of
New York City.


EMPIRE TODAY: Moody's Reviews 'Caa1' CFR After Filing Delay
-----------------------------------------------------------
Moody's Investors Service placed Empire Today LLC's Caa1 corporate
family rating, its Caa1-PD probability of default rating and the
Caa1 rating of its senior secured notes on review for downgrade
due the delay in the issuance of the company's financial
statements for the three months and six months ended June 30,
2013. The delay was prompted by a lawsuit filed against Empire,
two of its third party installers and a business entity
beneficially owned by Empire's CEO and former CFO or their
entities or trusts. Empire is reviewing the circumstances
surrounding the lawsuit, the role of the current CEO and former
CFO in the transaction cited in the lawsuit, as well as some of
its internal processes and expects to issue the second quarter
financial statements within 30 days.

Ratings Rationale:

"Moody's review will focus on the company's second quarter
financial results and operating performance, the impact of the
lawsuit, governance issues and the company's internal review of
its processes and any impact this might have on the company's
financial profile", Moody's Senior Analyst Mickey Chadha stated.

Empire's Caa1 corporate family rating continues to reflect its
very small scale, and weak credit metrics. It also reflects the
discretionary nature of the company's products, as well as its
very high susceptibility to consumer confidence and macroeconomic
factors. Ratings also reflect risks related to the very high
turnover rate of Empire's independent sales force and its
liquidity profile which does not leave much leeway for any
operational missteps. Ratings are supported by the good position
Empire has established in the highly-fragmented floor covering
market, and in the shop-at-home segment of that market, in
particular.

The following ratings were put on review for downgrade and LGD
point estimates updated:

- Corporate Family Rating of Caa1

- Probability of Default Rating of Caa1-PD

- $150 million senior secured notes rating of Caa1 (LGD4, 52%)
   from (LGD4, 51%)

The principal methodology used in this rating was the Global
Retail Industry Methodology published in June 2011. Other
methodologies used include Loss Given Default for Speculative-
Grade Non-Financial Companies in the U.S., Canada and EMEA
published in June 2009.

Empire Today, LLC, headquartered in Northlake, IL, is a specialty
retailer of carpet, hard floor, and window treatments. The company
offers shop-at-home sales in 73 metropolitan markets including
over 40 of the largest metropolitan markets in the U.S. Revenues
were about $646 million for the last twelve months ending March
31, 2013. Mercury Capital, L.P owns 95% of the company with the
rest owned by management.


ENDICOTT INTERCONNECT: Bankruptcy Hearing Opens to All Bidders
--------------------------------------------------------------
WBNG Binghamton reported that the bankruptcy sale of Endicott
Interconnect will now be an open bidding process after the company
that submitted the initial offer bowed out of sole contention to
make one of Broome County's largest employers solvent.

According to the report, attorneys for Integrian Holdings -- which
is owned by James T. Matthews, who is a minority shareholder of
EIT, according to court records -- told a federal judge it will
withdraw its position as a "stalking horse bidder." That position
entitled Integrian the lead in the bankruptcy sale and an
advantage over outside bidders.

Attorneys said Integrian generated a lot of "heat" for those
actions, although they did not explain further, the report
related.  They also told the court there are now many other
interested buyers.

As a result, the bidding process will now reopen, and a final
decision could be handed down by the end of September, the report
said.

The struggling company filed for bankruptcy protection in the
middle of last month. At that time, Integrian set itself up as a
prime bidder. They entered a purchase agreement with EI for
$250,000.

                    About Endicott Interconnect

Endicott Interconnect Technologies Inc., filed a Chapter 11
petition (Bankr. N.D.N.Y. Case No. 13-bk-61156) in Utica, New
York, on July 10, 2013, to sell the business before cash runs out
by the end of September.

Based in Endicott, New York, and formed in 2002, EIT is the
successor to the microelectronics division of IBM Corp.  The
products are used in aerospace, defense and medication
applications, among others.

The company sought Chapter 11 bankruptcy protection after
suffering $100 million in operating losses in the last four years.

In addition to $16 million in secured claims, trade suppliers are
owed $34 million.  There is another $32 million owing for loans
made by shareholders.  The company said the book value of property
is $36 million.


ENERGY SERVICES: Posts $2.9 Million Net income in June 30 Qtr.
--------------------------------------------------------------
Energy Services of America Corp. filed with the U.S. Securities
and Exchange Commission its quarterly report on Form 10-Q
disclosing net income of $2.93 million on $26.55 million of
revenue for the three months ended June 30, 2013, as compared with
a net loss of $2 million on $30.49 million of revenue for the same
period last year.

For the nine months ended June 30, 2013, the Company reported net
income of $972,848 on $78.42 million of revenue, as compared with
a net loss of $4.78 million on $82.22 million of revenue for the
same period during the prior year.

The Company reported a net loss of $48.5 million on $157.7 million
of revenue in fiscal 2012, compared with a net loss of $5.3
million on $143.4 million of revenue in fiscal 2011.

The Company's balance sheet at June 30, 2013, the Company had
$44.10 million in total assets, $36.66 million in total
liabilities and $7.44 million in total stockholders' equity.

A copy of the Form 10-Q is available for free at:

                         http://is.gd/yyvggH

                         About Energy Services

Huntington, West Virginia-based Energy Services of America
Corporation provides contracting services to America's energy
providers, primarily the gas and electricity providers.

Arnett Foster Toothman PLLC, in Charleston, West Virginia,
expressed substantial doubt about Energy Services' ability to
continue as a going concern following the annual report for the
year ended Sept. 30 ,2012.  The independent auditors noted that
the Company has suffered recurring losses from operations and has
entered into a forbearance arrangement with its lenders as a
result of continued noncompliance with certain debt covenants.


FINJAN HOLDINGS: Plans to Present at 16th Oppenheimer Conference
----------------------------------------------------------------
Finjan Holdings, Inc., intends to hold a presentation for certain
stockholders, potential investors and their representatives
regarding the business and historical and projected performance of
the Company at the Oppenheimer & Co. 16th Annual Technology,
Internet & Communications Conference.  A copy of the presentation
is available for free at http://is.gd/d4VI9j

                           About Finjan

Finjan is a leading online security and technology company which
owns a portfolio of patents, related to software that proactively
detects malicious code and thereby protects end-users from
identity and data theft, spyware, malware, phishing, trojans and
other online threats.  Founded in 1997, Finjan is one of the first
companies to develop and patent technology and software that is
capable of detecting previously unknown and emerging threats on a
real-time, behavior-based basis, in contrast to signature-based
methods of intercepting only known threats to computers, which
were previously standard in the online security industry.

Converted Organics disclosed a net loss of $8.42 million in 2012,
as compared with a net loss of $17.98 million in 2011.  The
Company's balance sheet at March 31, 2013, showed $2.66 million in
total assets, $5.19 million in total liabilities, and a $2.53
million total stockholders' deficit.

Moody, Famiglietti & Andronico, LLP, in Tewksbury, Massachusetts,
issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2012, citing
recurring losses and negative cash flows from operations and an
accumulated deficit that raises substantial doubt about the
Company's ability to continue as a going concern.


FIRST NATIONAL: Reports $720,000 Net Income in Second Quarter
-------------------------------------------------------------
First National Community Bancorp, Inc., filed with the U.S.
Securities and Exchange Commission its quarterly report on Form
10-Q disclosing net income of $720,000 on $8.16 million of total
interest income for the three months ended June 30, 2013, as
compared with a net loss of $967,000 on $9.42 million of total
interest income for the same period during the prior year.

For the six months ended June 30, 2013, the Company reported net
income of $2.45 million on $16.37 million of total interest
income, as compared with a net loss of $2.13 million on $19.16
million of total interest income for the same period last year.

The Company's balance sheet at June 30, 2013, showed $938.25
million in total assets, $906.71 million in total liabilities and
$31.53 million in total shareholders' equity.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/K6muO9

                        About First National

Headquartered in Dunmore, Pa., First National Community Bancorp,
Inc., is a Pennsylvania corporation, incorporated in 1997 and is
registered as a bank holding company under the Bank Holding
Company Act ("BHCA") of 1956, as amended.  The Company became an
active bank holding company on July 1, 1998, when it acquired
ownership of First National Community Bank (the "Bank").  The Bank
is a wholly-owned subsidiary of the Company.

The Company's primary activity consists of owning and operating
the Bank, which provides customary retail and commercial banking
services to individuals and businesses.  The Bank provides
practically all of the Company's earnings as a result of its
banking services.

First National disclosed a net loss of $13.71 million on $37.02
million of total interest income for the year ended Dec. 31, 2012,
as compared with a net loss of $335,000 on $42.93 million of total
interest income in 2011.

                        Regulatory Matters

The Bank is under a Consent Order from the Office of the
Comptroller of the Currency dated Sept. 1, 2010.  The Company is
also subject to a Written Agreement with the Federal Reserve Bank
of Philadelphia dated Nov. 24, 2010.

The Bank, pursuant to a Stipulation and Consent to the Issuance of
a Consent Order dated Sept. 1, 2010, without admitting or denying
any wrongdoing, consented and agreed to the issuance of the Order
by the OCC, the Bank's primary regulator.  The Order requires the
Bank to undertake certain actions within designated timeframes,
and to operate in compliance with the provisions thereof during
its term.  The Order is based on the results of an examination of
the Bank as of March 31, 2009.  Since the examination, management
has engaged in discussions with the OCC and has taken steps to
improve the condition, policies and procedures of the Bank.
Compliance with the Order is monitored by a committee of at least
three directors, none of whom is an employee or controlling
shareholder of the Bank or its affiliates or a family member of
any such person.  The Committee is required to submit written
progress reports on a monthly basis to the OCC and the Agreement
requires the Bank to make periodic reports and filings with the
Federal Reserve Bank.  The members of the Committee are John P.
Moses, Joseph Coccia, Joseph J. Gentile and Thomas J. Melone.

Banking regulations also limit the amount of dividends that may be
paid without prior approval of the Bank's regulatory agency.  At
Dec. 31, 2012, the Company and the Bank are restricted from paying
any dividends, without regulatory approval.


FLORIDA GAMING: Wins Authority to Use Cash
------------------------------------------
Douglas Hanks, writing for the Miami Herald, reports that Judge
Robert A. Mark at an afternoon hearing on Aug. 21 allowed Florida
Gaming to continue spending its cash on operations while owners,
bankers and a potential buyer of the business fight it out in
bankruptcy court.

Florida Gaming Centers Inc. filed for Chapter 11 bankruptcy
(Bankr. S.D. Fla. Case No. 13-29597) in Miami on Aug. 19, 2013.
Florida Gaming Centers operates a casino and jai-alai frontons in
Miami.  The Company listed debt of $138.3 million and assets of
$180 million in its petition.

Its parent, Florida Gaming Corp. (FGMG:US), and two other
affiliates also sought court protection.

Florida Gaming previously negotiated a sale of virtually all its
assets to casino operator Silvermark LLC for $115 million in cash
and $14 million in assumed liabilities.  A provision in the
financing agreement required Florida Gaming to make an additional
payment to the lender -- ABC Funding -- if the assets are sold to
third party.  Jefferies LLC was hired to determine that amount,
about $26.8 million, and valued the company at more than $180
million.

Luis Salazar, Esq., Esq., at Salazar Jackson in Miami, represents
Florida Gaming.

According to Miami Herald, ABC Funding accused the company of
trying to use the Chapter 11 filing as a way to undo the $130
million deal.  According to the report, Mr. Salazar told Judge
Mark that the June $180 million valuation of the parent company,
Florida Gaming Corp., came as a surprise after owners and a New
York-based investment fund, Silver Entertainment, agreed in late
2012 to a $130 million sales price, which included $15 million in
obligations.  Florida Gaming, which earns most of its revenue from
the Miami facility, was fending off a foreclosure fight by ABC
Funding, the lender of the original $87 million needed to add the
casino.  Florida Gaming accused ABC of trying to use technical
defaults to seize the profitable business.

The Herald notes the valuation brought new problems for Florida
Gaming because ABC had a right to an additional $27 million bonus
based on the company's appraised value. The bonus and penalties
tied to the ABC loan meant Florida Gaming owners and stock holders
would receive nothing after selling the company, which ABC claims
is the real motivation behind the trip to bankruptcy court.

According to the Herald, Drew Dillworth, Esq. --
ddillworth@stearnsweaver.com -- a Stearns Weaver lawyer
representing ABC, said the owners "didn't like the deal they cut
10 months ago.  He said, "They're using the lender as a cover" to
stop the sale.

Acording to the report, Florida Gaming claims ABC acted to prevent
the sale, which helped prompt the bankruptcy filing. Dillworth
said ABC had expected the sale to close this week, and was stunned
when Florida Gaming instead filed for Chapter 11 protection.

The Herald also reports Judge Mark approved a motion not to treat
as creditors any holders of outstanding poker chips (estimated
value: $10,000), and allow the casino to honor the chits without
court permission.  He also agreed not to segregate from a
trustee's portfolio the rolling jackpot account the casino
maintains.


FOREVERGREEN WORLDWIDE: Incurs $5,000 Net Loss in Second Quarter
----------------------------------------------------------------
Forevergreen Worldwide Corporation filed with the U.S. Securities
and Exchange Commission its quarterly report on Form 10-Q
disclosing a net loss of $5,383 on $4 million of net revenues for
the three months ended June 30, 2013, as compared with a net loss
of $38,772 on $3.12 million of net revenues for the same period a
year ago.

For the six months ended June 30, 2013, the Company incurred a net
loss of $216,839 on $6.70 million of net revenues, as compared
with a net loss of $165,663 on $6.72 million of net revenues for
the same period during the prior year.

The Company's balance sheet at June 30, 2013, showed $1.47 million
in total assets, $6.11 million in total liabilities and a $4.64
million total stockholders' deficit.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/C8wsSK

                    About ForeverGreen Worldwide

Orem, Utah-based ForeverGreen Worldwide Corporation is a holding
company that operates through its wholly owned subsidiary,
ForeverGreen International, LLC.  The Company's product philosophy
is to develop, manufacture and market the best of science and
nature through innovative formulations as it produces and
manufactures a wide array of whole foods, nutritional supplements,
personal care products and essential oils.

Sadler, Gibb & Associates, LLC, in Salt Lake City, UT, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2012.  The independent
auditors noted that the Company has suffered accumulated net
losses of $35,458,353 and has had negative cash flows from
operating activities during the year ended Dec. 31, 2012, of
$8,860.  These matters raise substantial doubt about the Company's
ability to continue as a going concern.


FREESEAS INC: Issues Additional 1 Million Shares to Hanover
-----------------------------------------------------------
FreeSeas Inc. issued and delivered to Hanover 1,000,000 additional
settlement Shares pursuant to the terms of the Settlement
Agreement approved by the Supreme Court of the State of New York,
County of New York, on June 25, 2013.

The Order approved, among other things, the settlement between
FreeSeas Inc., and Hanover Holdings I, LLC, in the matter entitled
Hanover Holdings I, LLC v. FreeSeas Inc., Case No. 651950/2013.
Hanover commenced the Action against the Company on May 31, 2013,
to recover an aggregate of $5,331,011 of past-due accounts payable
of the Company, plus fees and costs.  The Order provides for the
full and final settlement of the Claim and the Action.

Pursuant to the terms of the Settlement Agreement approved by the
Order, on June 26, 2013, the Company issued and delivered to
Hanover 890,000 shares of the Company's common stock, $0.001 par
value, and between July 2, 2013, and Aug. 8, 2013, the Company
issued and delivered to Hanover an aggregate of 11,333,000
Additional Settlement Shares.

A copy of the Form 6-K is available for free at:

                        http://is.gd/PfPjPS

                        About FreeSeas Inc.

Headquartered in Athens, Greece, FreeSeas Inc., formerly known as
Adventure Holdings S.A., was incorporated in the Marshall Islands
on April 23, 2004, for the purpose of being the ultimate holding
company of ship-owning companies.  The management of FreeSeas'
vessels is performed by Free Bulkers S.A., a Marshall Islands
company that is controlled by Ion G. Varouxakis, the Company's
Chairman, President and CEO, and one of the Company's principal
shareholders.

The Company's fleet consists of six Handysize vessels and one
Handymax vessel that carry a variety of drybulk commodities,
including iron ore, grain and coal, which are referred to as
"major bulks," as well as bauxite, phosphate, fertilizers, steel
products, cement, sugar and rice, or "minor bulks."  As of
Oct. 12, 2012, the aggregate dwt of the Company's operational
fleet is approximately 197,200 dwt and the average age of its
fleet is 15 years.

Freeseas disclosed a net loss of US$30.88 million in 2012, a net
loss of US$88.19 million in 2011, and a net loss of US$21.82
million in 2010.  The Company's balance sheet at Dec. 31, 2012,
showed US$114.35 million in total assets, $106.55 million in
total liabilities and US$7.80 million in total shareholders'
equity.

RBSM LLP, in New York, issued a "going concern" qualification on
the consolidated financial statements for the year ended Dec. 31,
2012.  The independent auditors noted that the Company has
incurred recurring operating losses and has a working capital
deficiency.  In addition, the Company has failed to meet
scheduled payment obligations under its loan facilities and has
not complied with certain covenants included in its loan
agreements.  It has also failed to make required payments to
Deutsche Bank Nederland as agreed to in its Sept. 7, 2012,
amended and restated facility agreement and received notices of
default from First Business Bank.  Furthermore, the vast majority
of the Company's assets are considered to be highly illiquid and
if the Company were forced to liquidate, the amount realized by
the Company could be substantially lower that the carrying value
of these assets.  These conditions, among others, raise
substantial doubt about the Company's ability to continue as a
going concern.


G&S METAL: Wants $33MM for Insurance Payout Delays
--------------------------------------------------
Law360 reported that G&S Metal Consultants Inc. demanded that
Continental Casualty Co. fork over more than $33 million in
Indiana federal court, claiming the insurer's foot-dragging in
paying out a business interruption policy following a plant
explosion led to the company's 2009 bankruptcy.

According to the report, G&S is seeking summary judgment for
$33 million in consequential damages, a figure it says is
consistent with the company's valuation prior to its collapse. The
company fell apart following a November 2007 plant explosion that
left one employee dead, the report related.


GENE CHARLES: Court Confirms Modified Second Chapter 11 Plan
------------------------------------------------------------
Early this month the U.S. Bankruptcy Court for the Northern
District of West Virginia confirmed Gene Charles Valentine
Trust's Modified Second Chapter 11 Plan dated Aug. 2, 2013.

Pursuant to the Debtor's Modified Second Chapter 11 Plan, the
Allowed Class 1 Claims of Gulf Coast Bank and Trust Company and
the United States Department of Agriculture (USDA) arising from
the Gulf Coast Loans will be paid by (i) the payment of the
$5.1 million balance in the Court Registry from the Auction
Proceeds to Gulf Coast for itself and as servicer for the USDA
within 10 days of the Effective Date of the Plan, and (ii) Loan
807/803 and 860 will be modified to show an aggregate balance due
of $1,200,000 bearing no interest until Aug. 1, 2013, and payable
in the amount of $10,000 per month commencing on Sept. 1, 2013,
and the entire balance, principal and interest, payable on Aug. 1,
2015.

Class 4 U.S. Bank, National Association, successor in interest to
Bank of America, National Association, for the purposes of the
Plan, is deemed to hold an Allowed Secured Claim of $1,811,383.14.
The Debtor will pay the U.S. Bank Allowed Secured Claim in the
ordinary course according to the terms of the Westlake Loan
Documents.  In addition, the Debtor will pay post-petition
additions to the Allowed Secured Claim in the amount of $135,000
to be paid from the Westlake Loan Impound Accounts (maintained by
the Debtor for the purposes of paying property tax, property
insurance, and repair expenses on the Westlake Office Building)
promptly following the Effective Date.

Class 15 Interest Holders of the Debtor will retain their interest
in the Debtor.

A copy of the Modified Second Chapter 11 Plan dated Aug. 2, 2013,
is available at:

          http://bankrupt.com/misc/genecharles.doc768.pdf

                           Objections

U.S. Bank filed on July 17 a limited objection to the Debtor's
Modified Second Chapter 11 Plan dated June 5, 2013, citing that
the Plan does not provide that the loan Documents will be
reaffirmed and for the Trust to retain its liens.

The United States Trustee, Judy A. Robbins, objected to the
Second Plan of Reorganization dated May 21, 2013, citing that the
Plan provides that:

     12.6. Quarterly Fees. The Reorganized Debtor shall pay
Quarterly Fees, based upon all post-confirmation disbursements
made pursuant to the Plan for post-Confirmation periods within the
time periods set forth in 28 U.S.C. Section 1930(a)(6).

The UST said that she is concerned that this provision
"disbursements made pursuant to the Plan" may be interpreted as
limiting the application of quarterly fees to plan payments,
instead of all post-petition disbursements by the Debtor, which
would be contrary to the statute and the definition of post-
petition disbursements established by the courts.

Gulf Coast objected to the Debtor's Second Chapter 11 Plan dated
June 19, 2013, citing that the Debtor's Second Plan cannot be
confirmed because:

   (i) it violates Bankruptcy Code Section 1129(a)(3) because it
was not filed in good faith;

  (ii) it violates Bankruptcy Code Section 1129(a)(5)(B) because
it does not disclose the nature of the compensation of insiders
retained by the reorganized Debtor;

(iii) it violates Bankruptcy Code Section 1I29(a)(7) because Gulf
Coast will receive under the Debtor's Second Plan less than it
would receive if the Debtor were liquidated under Chapter 7;

  (iv) it violates Bankruptcy Code Section 1129(a)(ll) because it
is not feasible and will likely be followed by further
reorganization or liquidation;

   (v) it violates Bankruptcy Code Section 1129(b)(1) because it
discriminates unfairly against the claims of Gulf Coast; and

  (vi) the Debtor's Second Plan violates Bankruptcy Code Section
1129(b)(1) and Section 1129(b)(2) because it is not fair and
equitable to Gulf Coast.

                   About Gene Charles Valentine

A business trust created by investment advisor and broker-dealer
agent Gene Charles Valentine sought Chapter 11 bankruptcy
protection (Bankr. N.D. W.Va. Case No. 12-01078) in Wheeling, West
Virginia on Aug. 9, 2012.  The Gene Charles Valentine Trust owns
commercial and real estate properties in West Virginia, the
Financial West Group, the Peace Point Equestrian Center and the
Aspen Manor.  The Debtor disclosed in its schedules $34,101,393 in
total assets and $22,623,554 in total liabilities.

Financial West Investment Group, Inc., doing business as Financial
West Group -- http://www.fwg.com/-- is a firm with more than 340
registered representatives supervised by 44 Offices of Supervisory
Jurisdiction throughout the United States.  Financial West Group
is a FINRA, and SIPC member and SEC Registered Investment Advisor
(over $1 billion under control) that offers a full range of
financial products and services.  Its corporate office 32 member
staff is dedicated to providing registered representatives quality
service and technology to allow them to focus on best servicing
their investors needs.

Aspen Manor -- http://www.aspenmanorresort-- is a resort that
claims to be the "The Jewel of the Ohio Valley."  Along with its
architectural artistry, including hand-carved ceilings, the Manor
is filled will original art, statues, historic furniture and
artifacts.

Bankruptcy Judge Patrick M. Flatley oversees the case.  The Trust
hired Mazur Kraemer Law Inc., in Weirton, W.V., as lead and local
bankruptcy counsel.  Weir & Parners LLP, in Philadelphia, serves
as co-counsel.

The U.S. Trustee said that an official committee has not been
appointed in the bankruptcy case of Gene Charles Valentine Trust.


GLOBAL CLEAN: Incurs $1.1-Mil. Net Loss in Second Quarter
---------------------------------------------------------
Global Clean Energy Holdings, Inc., filed with the U.S. Securities
and Exchange Commission its quarterly report on Form 10-Q,
reporting a net loss of $1.1 million on $48,828 of revenue for the
three months ended June 30, 2013, compared with a net loss of
$983,852 on $55,501 of revenue for the same period last year.

The Company reported a net loss of $2.3 million on $154,455 of
revenue for the six months ended June 30, 2013, compared with a
net loss of $824,938 on $675,022 of revenue for the corresponding
period of 2012.

The Company's balance sheet at June 30, 2013, showed $24.0 million
in total assets, $20.6 million in total liabilities, and
stockholders' equity of $3.4 million.

The Company incurred losses from continuing operations applicable
to its common shareholders of $2,341,305 and $823,240 for the six-
months ended June 30, 2013, and June 30, 2012, respectively, has
an accumulated deficit applicable to its common shareholders of
$27,574,888 at June 30, 2013.  The Company also used cash in
operating activities of $1,080,639 and $1,860,384 during the six-
month period ended June 30, 2013, and June 30, 2012, respectively.
At June 30, 2013, the Company has negative working capital of
$4,094,539 and a stockholders' deficit attributable to its
stockholders of $1,703,375.  "These factors raise substantial
doubt about the Company's ability to continue as a going concern."

A copy of the Form 10-Q is available at http://is.gd/Bfzlqg

Long Beach, Calif.-based Global Clean Energy Holdings, Inc., is a
multi-national, energy agri-business focused on the development of
non-food based bio-feedstocks.


GLOBALSTAR INC: Incurs $126.3 Million Net Loss in Second Quarter
----------------------------------------------------------------
Globalstar, Inc., reported a net loss of $126.27 million on $19.83
million of total revenue for the three months ended June 30, 2013,
as compared with a net loss of $27.53 million on $19.98 million of
total revenue for the same period last year.  The increased net
loss was also due to the impact of non-cash derivative gains and
losses in the respective quarters, higher interest expense as the
amount of interest being capitalized decreases and higher
depreciation expense as the Company placed additional satellites
into service.

Mr. Monroe concluded, "In just two weeks, the final satellite of
our second-generation constellation is scheduled to be placed into
service, fully restoring the service capability of our Duplex
growth engine.  To support the return of our Duplex service and
our slate of new products, we are putting more muscle behind our
marketing efforts, balancing these investments with continued
stringent operational discipline to maximize our revenue and
EBITDA generation for the remainder of the year while building
momentum heading into 2014.  With superior service quality,
feature-rich products and pricing that provides significant cost
savings over our competitors' offerings, Globalstar is tapping a
broader addressable market and offering a compelling value
proposition to our customers.  In addition, we believe we have
made substantial progress at the FCC with our petition to obtain
terrestrial authority to utilize our spectrum for terrestrial
mobile broadband services and expect the FCC to release our
requested notice of proposed rulemaking in the near future.
Globalstar's Terrestrial Low Power Service is the only near-term
solution to the increasing congestion being experienced in the
public Wi-Fi bands and we are hopeful for a decision from the FCC
before the end of the year."

A copy of the press release is available for free at:

                        http://is.gd/nonOYj

                         About Globalstar

Covington, Louisiana-based Globalstar Inc. provides mobile
satellite voice and data services.  Globalstar offers these
services to commercial and recreational users in more than 120
countries around the world.  The Company's products include mobile
and fixed satellite telephones, simplex and duplex satellite data
modems and flexible service packages.

Globalstar reported a net loss of $25.1 million on $19.3 million
of revenue for the three months ended March 31, 2013, compared
with a net loss of $24.5 million on $16.7 million of revenue for
the same period last year.

The Company's balance sheet at March 31, 2013, showed
$1.391 billion in total assets, $921 million in total
liabilities, and stockholders' equity of $469.6 million.

The Company said in its Form 10-Q for the quarter ended March 31,
2013, "We currently lack sufficient resources to meet our existing
contractual obligations over the next 12 months.  As a result,
there is substantial doubt that we can continue as a going
concern.  In order to continue as a going concern, we must obtain
additional external financing; amend the Facility Agreement and
certain other contractual obligations; and restructure the 5.75%
Notes.


GRAND CENTREVILLE: Wants to Use Cash Collateral
-----------------------------------------------
Grand Centreville, LLC, seeks an interim court order for access to
cash collateral to fund the continuous operation of its shopping
center business and effectively administer its Chapter 11 estate.

The Debtor specifically needs cash to pay vendors, pay its lender,
meet ongoing operational expenses, satisfy current payment
obligations to lessors and utilities, maintain current insurance
policies, and preserve and protect its assets.

The Debtor is the recipient of a $27 million prepetition note
loan, now held by Wells Fargo Bank, N.A., as trustee for the
registered holders of J.P. Morgan Chase Commercial Mortgage
Securities Corp., Commercial Mortgage Pass-Through Certificates,
Series 2005-CIBC13.

To adequately protect the interests of Lender in the Cash
Collateral, the Debtor proposes to grant to the Lender, to the
extent of the use of the Cash Collateral, a postpetition
replacement lien, which replacement lien will be of the same
validity, priority and enforceability as the prepetition lien of
Lender in those type of assets.  To the extent Lender has a valid
prepetition lien on any type of asset and the Debtor uses such
collateral postpetition, the Lender will also secure a replacement
lien in said type of postpetition asset.

                     About Grand Centreville

Grand Centreville, LLC, filed a Chapter 11 petition (Bankr. E.D.
Va. Case No. 13-13590) on Aug. 2, 2013.  The petition was signed
by Michael L. Schuett, principal of Black Creek Consulting Ltd.,
the receiver.  Judge Robert G. Mayer presides over the case.  The
Debtor estimated assets and debts of at least $10 million.


GRAND CENTREVILLE: Wants to Employ Tavenner & Beran as Counsel
--------------------------------------------------------------
Grand Centreville, LLC seeks court authority to hire Tavenner &
Beran, PLC, as counsel for representation in all aspects of its
Chapter 11 case.

As counsel, Tavern & Beran is anticipated to render these legal
services:

  -- advise the Debtor of its rights, power and duties as debtor-
     in-possession continuing to operate under Chapter 11;

  -- prepare on behalf of the Debtor all necessary applications,
     motions and other documents, and review all financial and
     other reports to be filed in the Chapter 11 case;

  -- advise the Debtor with respect to financing agreements, debt
     and cash collateral orders and related transactions;

  -- advise the Debtor on its ability to initiate actions to
     collect and recover property for the benefit of its estate;

  -- counsel the Debtor in connection with the formulation and
     negotiation of a plan of reorganization and related
     documents;

  -- assist in reviewing and resolving claims asserted against the
     Debtor's estate; and

  -- provide general corporate, litigation and other non-
     bankruptcy services for the Debtor.

Tavenner & Beran professionals expected to provide services to the
Debtor are:

           Lynn L. Tavenner, partner            $385/hour
           Paula S. Beran, partner              $375/hour
           David L. Leadbeater, paralegal       $105/hour

The Debtor believes Tavenner & Beran is a "disinterested person,"
as defined under Section 101(14) of the Bankruptcy Code.

                     About Grand Centreville

Grand Centreville, LLC, filed a Chapter 11 petition (Bankr. E.D.
Va. Case No. 13-13590) on Aug. 2, 2013.  The petition was signed
by Michael L. Schuett, principal of Black Creek Consulting Ltd.,
the receiver.  Judge Robert G. Mayer presides over the case.  The
Debtor estimated assets and debts of at least $10 million.


GUITAR CENTER: Incurs $30.9 Million Net Loss in 2nd Quarter
-----------------------------------------------------------
Guitar Center Holdings, Inc., filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
a net loss of $30.97 million on $504.83 million of net sales for
the three months ended June 30, 2013, as compared with a net loss
of $28.76 million on $486.59 million of net sales for the same
period last year.

For the six months ended June 30, 2013, the Company reported a net
loss of $54.36 million on $1.03 billion of net sales, as compared
with a net loss of $44.97 million on $1.01 billion of net sales
for the same period during the prior year.

The Company's balance sheet at June 30, 2013, showed $1.77 billion
in total assets, $1.97 billion in total liabilities and a $202.90
million in total stockholders' deficit.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/g5xoc2

                        About Guitar Center

Guitar Center, Inc., headquartered in Westlake Village, Cal., is
the largest musical instrument retailer with 312 stores and a
direct response segment, which operates its Web sites.  It
operates three distinct musical retail business - Guitar Center
(about 70% of revenue), Music & Arts (about 7% of revenue), and
Musician's Friend (its direct response subsidiary with 24% of
revenue).  Total revenue is about $2 billion.

Guitar Center disclosed a net loss of $72.16 million in 2012, a
net loss of $236.93 million in 2011 and a $56.37 million net loss
in 2010.

                        Bankruptcy Warning

"If our cash flows and capital resources are insufficient to fund
our and Holdings' debt service obligations, we may be forced to
reduce or delay capital expenditures, sell assets or operations,
seek additional capital or restructure or refinance our and
Holdings' indebtedness.  We cannot provide any assurance that we
would be able to take any of these actions, that these actions
would be successful and permit us to meet our and Holdings'
scheduled debt service obligations or that these actions would be
permitted under the terms of our and Holdings' existing or future
debt agreements.  In the absence of such operating results and
resources, we could face substantial liquidity problems and might
be required to dispose of material assets or operations to meet
our and Holdings' debt service and other obligations.  Our senior
secured credit facilities and the indentures that govern the notes
will restrict our ability to dispose of assets and use the
proceeds from the disposition.  We may not be able to consummate
those dispositions or to obtain the proceeds which we could
realize from them and these proceeds may not be adequate to meet
any debt service obligations then due.

If we cannot make scheduled payments on our and Holdings' debt, we
will be in default and, as a result:

   * our and Holdings' debt holders could declare all outstanding
     principal and interest to be due and payable;

   * the lenders under our senior secured credit facilities could
     terminate their commitments to lend us money and foreclose
     against the assets securing their borrowings; and

   * we could be forced into bankruptcy or liquidation," according
     to the Company's annual report for the period ended Dec. 31,
     2012.

                           *     *     *

As reported in the Troubled Company Reporter on Feb. 28, 2011,
Moody's Investors Service affirmed Guitar Center, Inc.'s Caa2
Corporate Family Rating and the $622 million existing term loan
rating of Caa1 due October 2014.  The Probability of Default
Rating was revised to Caa2/LD from Caa2 while the Speculative
Grade Liquidity assessment was changed to SGL-2 from SGL-3.  The
rating outlook remains stable.

The Caa2/LD Probability of Default rating reflects Moody's view
that the extended deferral of interest on the Holdco notes
constitutes a distressed exchange under Moody's definition and
also anticipates that additional exchanges of this nature are
possible over the near term.  The Limited Default designation was
prompted by the company's executed amendment of the HoldCo notes,
which allows for a deferral of 50% of the interest payments for 18
months.  Moody's views this as a distressed exchange that provides
default avoidance.  This LD designation applies to the proposed
follow-on amendment to defer the HoldCo note interest payments by
another six months.  Subsequent to the actions, Moody's will
remove the LD designation and the PDR will be Caa2 going forward.

As reported by the TCR on May 30, 2013, Standard & Poor's Ratings
Services said it lowered its corporate credit rating on Westlake
Village, Calif.-based Guitar Center Holdings Inc. to 'CCC+' from
'B-'.

"Our rating action reflects our view that the company's financial
commitments are not sustainable in the long term given weaker than
expected performance over the past two quarters," said credit
analyst Mariola Borysiak.


HIGHWAY TECHNOLOGIES: Sept. 27 Set as General Claims Bar Date
-------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware established
Sept. 27, 2013, at 7 p.m., as the deadline for any individual or
entity to file proofs of claim against Highway Technologies, Inc.,
et al.  The Court set Nov. 18, at 7 p.m. as the governmental
claims bar date.

Proofs of claim must be submitted to the Debtors' claims agent
Kurtzman Carson Consultants LLC, or with the:

         Clerk of the Bankruptcy Court
         District of Delaware
         824 Market street, 3rd Floor
         Wilmington, DE 19801

                    About Highway Technologies

Highway Technologies Inc. and affiliate HTS Acquisition Inc.
sought Chapter 11 protection (Bankr. D. Del. Case Nos. 13-11325 to
13-11326) on May 22, 2013, to conduct an orderly liquidation.

Richard M. Pachuiski, Esq., at Pachulski Stang Ziehl & Jones LLP,
serves as counsel to the Debtors.  Kurtzman Carson Consultants LLC
is the claims and notice agent.

The prepetition lenders are represented by David M. Hilllman,
Esq., at Schulte Roth & Zabel, in New York.

The company's balance sheet as of March 31, 2013, showed
$55 million in total assets and $102 million in liabilities.

Richards, Layton & Finger, P.A. represents the Official Unsecured
Creditors' Committee as counsel.  Gavin/Solmonese LLC serves as
its financial advisor.


HOLT DEVELOPMENT: Wants Until Aug. 29 to Use Cash Collateral
------------------------------------------------------------
Holt Development Co., LLC, and Secured Creditor Heritage Bank ask
the U.S. Bankruptcy Court for the Middle District of Tennessee to
enter an Agreed Interim Order authorizing the Debtor to use cash
collateral of Heritage Bank through Sept. 17, 2013, the date on
which a final hearing on the use of cash collateral may be
conducted by the Court.  According to papers filed with the Court
August 18, the Debtor and Heritage hope to have a more permanent
agreement in place by the time of the final hearing.

As of the Petition Date, Heritage asserts a valid and allowable
claim against the Debtor in the principal amount of not less than
$8,723,286.25, plus continuing and accruing interest, fees and
expenses, arising from loans made by Heritage to the Debtor.

The deadline for filing a timely response in Aug. 29, 2013.  Any
response must be filed electronically.  If a response is timely
filed, the hearing will be 9:00 a.m. on Sept. 17, 2013.

Holt Development Co., LLC, filed a Chapter 11 petition (Bankr.
M.D. Tenn. Case No. 13-06154) on July 16, 2013.  The petition was
signed by Dannie R. Holt as chief manager.  Judge Randal S.
Mashburn presides over the case.  Gullett, Sanford, Robinson &
Martin, PLLC, serves as the Debtor's counsel.  The Debtor
estimated assets of at least $10 million and debts of at least
$1 million.

The Debtor is in the business of developing improved and
unimproved properties in Pleasant View, Cheatham County,
Tennessee.


HOLT DEVELOPMENT: Files Schedules of Assets and Liabilities
-----------------------------------------------------------
Holt Development submitted to the U.S. Bankruptcy Court for the
Middle District of Tennessee its schedules of assets and
liabilities, disclosing:

                                         Assets        Liabilities
                                      -----------      -----------
A. Real Property                      $12,499,000

B. Personal Property                      $78,049

C. Property Claimed as Exempt
              -
D. Creditors Holding Secured Claims                     $9,445,425

E. Creditors Holding Unsecured
      Priority Claims                                     $106,819

F. Creditors Holding Unsecured
      Nonpriority Claims                                  $790,689
                                      -----------      -----------
Total                                 $12,577,049      $10,342,933

A copy of the Schedules is available at:

         http://bankrupt.com/misc/holtdevelopment.doc32.pdf

Holt Development Co., LLC, filed a Chapter 11 petition (Bankr.
M.D. Tenn. Case No. 13-06154) on July 16, 2013.  The petition was
signed by Dannie R. Holt as chief manager.  Judge Randal S.
Mashburn presides over the case.  Gullett, Sanford, Robinson &
Martin, PLLC, serves as the Debtor's counsel.  The Debtor
estimated assets of at least $10 million and debts of at least
$1 million.

The Debtor is in the business of developing improved and
unimproved properties in Pleasant View, Cheatham County,
Tennessee.


IES GLOBAL: S&P Corrects Ratings Release
----------------------------------------
In an article published earlier on Aug. 20, 2013, Standard &
Poor's Ratings Services said in error that it is revising IES
Global B.V.'s recovery rating. The recovery rating is on three
subsidiaries' debt. A corrected version follows.

Standard & Poor's Ratings Services revised its recovery rating on
Oak Brook, Ill.-based IES Global B.V.'s (doing business as
International Equipment Solutions LLC [IES]) subsidiaries' senior
secured first-lien term loan to '3' from '4'.  The 'B+' issue-
level rating on the term loan remains unchanged.  The '3' recovery
rating indicates expectations of meaningful (50%-70%) recovery in
the event of a payment default.  The revised recovery rating
reflects S&P's assessment that there would be less first-lien debt
outstanding at the time of its simulated bankruptcy due to the
company's revision of the amortization schedule to 5% from 1%
annually.

Paladin Brands Holding Inc., Crenlo Cab Products Inc., and Emcor
Enclosures Inc. are the borrowers under the first-lien term loan.
IES' capital structure also includes an unrated $85 million asset-
backed revolving credit facility and $69 million of unrated
second-lien notes.

S&P's 'B+' corporate credit rating and stable outlook on IES
remain unchanged.

RATINGS LIST

Recovery Rating Revised
IES Global B.V.
Corporate Credit Rating                  B+/Stable/--

Crenlo Cab Products Inc.
Emcor Enclosures Inc.
Paladin Brands Holding Inc.
Senior Secured                            To      From
  US$270 mil term bank loan due 2019      B+      B+
   Recovery Rating                        3       4


IGPS COMPANY: Wants Case Caption Amended to Reflect Name Change
---------------------------------------------------------------
iGPS Company LLC asks the U.S. Bankruptcy Court for the District
of Delaware to enter an order amending the case caption used in
its Chapter 11 case to change its name to "Pallet Company LLC."

According to the Debtor's counsel, Jeffrey M. Schlerf, Esq., at
Fox Rothschild LLP, in Wilmington, Delaware, the Court entered an
order approving the Debtor's sale of substantially all of its
assets to iGPS Logistics LLC pursuant to an amended asset purchase
agreement, dated July 29, 2013, by and between the Purchaser and
the Debtor.  On Aug. 1, 2013, the Debtor and the Purchaser closed
the sale.  Mr. Schlerf states that  pursuant to the APA, the
Seller must take all steps necessary to formally change its name
to a name that does not include "iGPS" or any similar word,
acronym or terminology and will cease any further use thereof.

A hearing on the Debtor's request will be held on Sept. 19, 2013,
at 2:00 p.m. (ET).  Objections are due Sept. 6.

John H. Strock, Esq., and L. John Bird, Esq., at Fox Rothschild
LLP, in Wilmington, Delaware; and John K. Cunningham, Esq.,
Richard S. Kebrdle, Esq., Kevin M. McGill, Esq., Fan B. He, Esq.,
at White & Case LLP, in Miami, Florida, also represent the Debtor.

                          About iGPS Co.

iGPS Company LLC filed a Chapter 11 bankruptcy petition (Bankr. D.
Del. Case No. 13-11459) on June 4, 2013, to sell its assets to a
group led by Balmoral Funds LLC, absent higher and better offers.

iGPS Company -- http://www.igps.net-- is the first and only
plastic pallet pooling rental and leasing company in the U.S. It
offers plastic pallets with embedded radio frequency
identification (RFID) tags.  Founded in 2006, the company is
headquartered in Orlando, Florida, and has a sales and innovation
center in Bentonville, Arkansas.

The Debtor estimated $100 million to $500 million in assets and
liabilities in its Chapter 11 petition.

According to the board resolution authorizing the bankruptcy,
Pegasus IGPS LLC owns 12.55% of the company; iGPS Co-Investment
LLC owns 18.75%; Kia VIII (iGPS Sub), LLC owns 30.74%; and KIA
VIII iGPS Blocker, LLC, owns 12.27%.


IGPS COMPANY: Committee Can Retain Emerald as Financial Advisors
----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware authorized
the Official Committee of Unsecured Creditors appointed in the
Chapter 11 case of iGPS Company LLC to retain Emerald Capital
Advisors as financial advisors, nunc pro tunc to June 14, 2013.

The firm's hourly rates are:

     Professional                 Rates
     ------------                 -----
     John P. Madden               $600
     Joseph Scopo                 $400
     ECA Associates               $300
     ECA Analysts                 $200

                          About iGPS Co.

iGPS Company LLC filed a Chapter 11 bankruptcy petition (Bankr. D.
Del. Case No. 13-11459) on June 4, 2013, to sell its assets to a
group led by Balmoral Funds LLC, absent higher and better offers.

iGPS Company -- http://www.igps.net-- is the first and only
plastic pallet pooling rental and leasing company in the U.S. It
offers plastic pallets with embedded radio frequency
identification (RFID) tags.  Founded in 2006, the company is
headquartered in Orlando, Florida, and has a sales and innovation
center in Bentonville, Arkansas.

The Debtor estimated $100 million to $500 million in assets and
liabilities in its Chapter 11 petition.

According to the board resolution authorizing the bankruptcy,
Pegasus IGPS LLC owns 12.55% of the company; iGPS Co-Investment
LLC owns 18.75%; Kia VIII (iGPS Sub), LLC owns 30.74%; and KIA
VIII iGPS Blocker, LLC, owns 12.27%.


INFUSYSTEM HOLDINGS: Posts $105,000 Net Income in Q2
----------------------------------------------------
Infusystem Holdings, Inc., filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
net income of $105,000 on $14.66 million of net revenues for the
three months ended June 30, 2013, as compared with a net loss of
$828,000 on $14.07 million of net revenues for the same period
last year.

For the six months ended June 30, 2013, the Company posted net
income of $156,000 on $29.36 million of net revenues, as compared
with a net loss of $1.74 million on $28.42 million of net revenues
for the same period a year ago.

Infusystem Holdings disclosed a net loss of $1.48 million in 2012,
as compared with a net loss of $45.44 million in 2011.

As of June 30, 2013, the Company had $75.75 million in total
assets, $34.94 million in total liabilities and $40.80 million in
total stockholders' equity.

Jonathan P. Foster, chief financial officer, noted, "The
combination of effective, on-going cost management practices,
meaningful debt reduction of more than $2.5 million since
December 31, 2012, and increasing free cash flow allows us to
actively take advantage of growth opportunities.  In particular,
the increase of $1.3 million from medical equipment in rental
service since year-end builds a strong base from which to generate
even further rental revenue growth."

A copy of the Form 10-Q is available for free at:

                        http://is.gd/y1ufyy

                      About InfuSystem Holdings

InfuSystem Holdings, Inc., operates through operating
subsidiaries, including InfuSystem, Inc., and First Biomedical,
Inc.  InfuSystem provides infusion pumps and related services.
InfuSystem provides services to hospitals, oncology practices and
facilities and other alternate site healthcare providers.
Headquartered in Madison Heights, Michigan, InfuSystem delivers
local, field-based customer support, and also operates pump
service and repair Centers of Excellence in Michigan, Kansas,
California, and Ontario, Canada.


INTERLEUKIN GENETICS: Stockholders Elect Two Directors
------------------------------------------------------
At the 2013 annual meeting of stockholders of Interleukin
Genetics, Inc., the shareholders:

   (1) elected William C. Mills III and James M. Weaver as Class I
       directors to each serve for a three-year term expiring at
       the Company's 2016 annual meeting of stockholders;

   (2) approved an amendment to the Company's Certificate of
       Incorporation, as amended, to increase the number of
       authorized shares of the Company's common stock from
       150,000,000 to 300,000,000;

   (3) approved an amendment to the Company's Certificate of
       Incorporation, as amended, to effect a reverse stock split
       by combining outstanding shares of the Company's common
       stock into a lesser number of outstanding shares by a ratio
       of not less than 1-for-5 and not more than 1-for-20 at any
       time prior to the earlier of (i) Aug. 1, 2014, and (ii) the
       2014 annual meeting of stockholders, with the exact ratio
       to be set within this range by the Company's board of
       directors in its sole discretion;

   (4) approved the 2013 Employee, Director and Consultant Equity
       Incentive Plan;

   (5) ratified the appointment of Grant Thornton LLP as the
       Company's independent registered public accounting firm for
       the fiscal year ending Dec. 31, 2013;

   (6) approved, on an advisory basis, the compensation of the
       Company's named executive officers; and

   (7) approved, on an advisory basis, the yearly frequency of
       advisory vote on the compensation of the Company's named
       executive officers every year.

                          About Interleukin

Waltham, Mass.-based Interleukin Genetics, Inc., is a personalized
health company that develops unique genetic tests to provide
information to better manage health and specific health risks.

Interleukin Genetics disclosed a net loss of $5.12 million in
2012, as compared with a net loss of $5.02 million in 2011.  The
Company's balance sheet at March 31, 2013, showed $2.17 million in
total assets, $16.95 million in total liabilities and a $14.78
million total stockholders' deficit.

Grant Thornton LLP, in Boston, Massachusetts, issued a "going
concern" qualification on the consolidated financial statements
for the year ended Dec. 31, 2012.  The independent auditors noted
that the Company incurred a net loss of $5,120,084 during the year
ended December 31, 2012, and as of that date, the Company's total
liabilities exceeded its total assets by $13,623,800.  These
conditions, among other factors, raise substantial doubt about the
Company's ability to continue as a going concern.

                        Bankruptcy Warning

"We have retained a financial advisor and are actively seeking
additional funding, however, based on current economic conditions,
additional financing may not be available, or, if available, it
may not be available on favorable terms.  In addition, the terms
of any financing may adversely affect the holdings or the rights
of our existing shareholders.  For example, if we raise additional
funds by issuing equity securities, further dilution to our then-
existing shareholders will result.  Debt financing, if available,
may involve restrictive covenants that could limit our flexibility
in conducting future business activities.  We also could be
required to seek funds through arrangements with collaborators or
others that may require us to relinquish rights to some of our
technologies, tests or products in development.  Our common stock
was delisted from the NYSE Amex in 2010 and is currently trading
on the OTCQBTM.  As a result, our access to capital through the
public markets may be more limited.  If we cannot obtain
additional funding on acceptable terms, we may have to discontinue
operations and seek protection under U.S. bankruptcy laws."


INTERNATIONAL COMMERCIAL: Posts $648,900 Net Income in Q2
---------------------------------------------------------
International Commercial Television Inc. filed with the U.S.
Securities and Exchange Commission its quarterly report on Form
10-Q disclosing net income of $648,909 on $10.45 million of net
sales for the three months ended June 30, 2013, as compared with
net income of $112,474 on $3.83 million of net sales for the same
period last year.

For the six months ended June 30, 2013, the Company reported net
income of $1.81 million on $22.85 million of net sales, as
compared with net income of $90,866 on $6.49 million of net sales
for the same period a year ago.

International Commercial disclosed a net loss of $550,448 on
$22.92 million of net sales for the year ended Dec. 31, 2012, as
compared with a net loss of $485,892 on $3.10 million of net sales
in 2011.

The Company's balance sheet at June 30, 2013, showed $5.23 million
in total assets, $3.43 million in total liabilities and $1.80
million in total shareholders' equity.

                         Bankruptcy Warning

"There is no guarantee that the Company will be successful in
bringing our products into the traditional retail environment.  If
the Company is unsuccessful in achieving this goal, the Company
will be required to raise additional capital to meet its working
capital needs.  If the Company is unsuccessful in completing
additional financings, it will not be able to meet its working
capital needs or execute its business plan.  In such case the
Company will assess all available alternatives including a sale of
its assets or merger, the suspension of operations and possibly
liquidation, auction, bankruptcy, or other measures.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern," the Company said in the quarterly
report.

EisnerAmper, LLP, in Edison, New Jersey, issued a "going concern"
qualification on the consolidated financial statements for the
year ended Dec. 31, 2012.  The independent auditors noted that
the Company's recurring losses from operations raise substantial
doubt about its ability to continue as a going concern.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/9dghOJ

                   About International Commercial

Wayne, Pa.-based International Commercial Television Inc. sells
various consumer products.  The products are primarily marketed
and sold throughout the United States and internationally via
infomercials.


INVERSIONES ALSACIA: Commences Consent Solicitation, Seeks Waiver
-----------------------------------------------------------------
Inversiones Alsacia S.A. on Aug. 20 disclosed that it is
soliciting consents from the holders of its 8.00% Senior Secured
Notes due 2018 as well as its counterparties to two foreign
currency hedge agreements relating to such Notes.  Alsacia is
requesting a waiver of any default, event of default, early
amortization event, and certain covenants relating to the failure
to maintain a Debt Service Coverage Ratio of 1.10:1.00 and the
failure to fund the O&M Account in the amounts required under the
Indenture dated as of February 18, 2011, as supplemented.  The
Holders and Notes Hedge Counterparties should refer to Alsacia's
Consent Solicitation Statement dated August 19, 2013 and the
related consent form for the detailed terms and conditions of the
consent solicitation.

Alsacia is offering a consent payment of US$2.50 for each US$1,000
in principal amount of Notes or in the value of the Notes Hedge
Agreements for which a valid unrevoked consent is delivered,
subject to the conditions set forth in the Consent Solicitation
Statement.  The record date for determining the Holders and Notes
Hedge Counterparties who are entitled to consent is 5:00 p.m., New
York City time on August 19, 2013.  Approval of the proposed
waivers requires the unrevoked consent of Holders and Notes Hedge
Counterparties that, in the aggregate, hold more than 50% of the
outstanding Notes principal and Notes Hedge Agreement value.

In addition, the effectiveness of the proposed waiver is
conditioned on (i) the absence of any law, regulation, injunction,
action or other proceeding that would make unlawful or invalid or
enjoin the implementation of the proposed waiver or the payment of
the consent payment and (ii) other terms and conditions contained
in the Consent Solicitation Statement.

The consent solicitation will expire at 5:00 p.m., New York City
time, on Tuesday, September 3, 2013, unless extended.  Holders and
Notes Hedge Counterparties may tender their consents to the
Tabulation Agent as described below at any time before the
expiration date.  Consents received after the expiration time will
not be eligible to receive the consent payment.

Alsacia has retained BofA Merrill Lynch to serve as its
Solicitation Agent and Global Bondholder Services Corporation to
serve as the Information and Tabulation Agent for the consent
solicitation.  Questions concerning the terms of the consent
solicitation and requests for documents should be directed to
Global Bondholder Services Corporation, 65 Broadway - Suite 404,
New York, New York 10006, Attention: Corporate Actions, at (212)
430-3774 or (866)-470-4300 (toll free).

This announcement is not an offer to purchase or sell, a
solicitation of an offer to purchase or sell, or a solicitation of
consents with respect to, any securities.  The solicitation is
being made solely pursuant to Alsacia's Consent Solicitation
Statement dated August 19, 2013.  Notwithstanding Alsacia's
intention to seek waivers, no assurance can be given that an early
amortization event, default or event of default under the
Indenture will not occur or continue in the future.

                         About Alsacia

Alsacia, together with its affiliate, Express de Santiago Uno
S.A., are collectively the largest operator in the Transantiago
Transportation System, transporting approximately 1.2 million
passengers every day, throughout 35 communities in Santiago, which
accounts for more than 30% of the passengers in Transantiago.
Alsacia and Express belong to an international holding company
with interests in public passenger transportation, environmental
solutions, outsourcing services and real estate development in
Chile, Colombia, Panama, Peru and the United States.


IOWORLDMEDIA INC: Incurs $305,000 Net Loss in Second Quarter
------------------------------------------------------------
ioWorldMedia, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $305,285 on $380,195 of sales for the three months ended
June 30, 2013, as compared with a net loss of $143,463 on $403,492
of sales for the same period last year.

For the six months ended June 30, 2013, the Company reported a net
loss of $537,439 on $769,521 of sales, as compared with a net loss
of $335,691 on $805,272 of sales for the same period during the
prior year.

ioWorldMedia disclosed a net loss of $746,619 in 2012, as compared
with a net loss of $954,652 in 2011.

The Company's balance sheet at June 30, 2013, showed $1.73 million
in total assets, $1.88 million in total liabilities, $5.77 million
in preferred stock, and a $5.92 million total stockholders'
deficit.

A copy of the Form 10-Q is available for free at:

                         http://is.gd/7OlF7Z

                          About ioWorldMedia

Tampa, Fla.-based ioWorldMedia, Incorporated, operates three
primary internet media subsidiaries: Radioio, ioBusinessMusic, and
RadioioLive.

Patrick Rodgers, CPA, PA, in Altamonte Springs, FL, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2012.  The independent
auditors noted that the company has a minimum cash balance
available for payment of ongoing expenses, a negative working
capital balance, has incurred losses and negative cash flow from
operations for the past two years, and it does not have a source
of revenue sufficient to cover its operating costs.  These factors
raise substantial doubt about the Company's ability to continue as
a going concern.


IPC INTERNATIONAL: Section 341(a) Meeting Scheduled for Sept. 11
----------------------------------------------------------------
A meeting of creditors in the bankruptcy case of IPC International
Corporation will be held on Sept. 11, 2013, at 1:00 p.m. in Room
2112 of the J. Caleb Boggs Federal Building, 844 King Street,
Wilmington, DE.

This is the first meeting of creditors required under Section
341(a) of the Bankruptcy Code in all bankruptcy cases.

All creditors are invited, but not required, to attend.  This
meeting of creditors offers the one opportunity in a bankruptcy
proceeding for creditors to question a responsible office of the
Debtor under oath about the company's financial affairs and
operations that would be of interest to the general body of
creditors.

                      About IPC International

IPC International Corp., a provider of security services for
350 shopping malls, filed a petition for Chapter 11 protection
(Bankr. D. Del. Case No. 13-bk-12050) on Aug. 9 in Delaware after
signing a contract for Universal Protection Services LLC to buy
the business for $21.3 million plus assumption of specified
liabilities.

Scott M. Strong signed the petition as chief financial officer.
The Debtor estimated assets and debts of at least $10 million.
Jeremy William Ryan, Esq., and Etta Ren Wolfe, Esq., at POTTER
ANDERSON & CORROON, LLP, serves as the Debtor's counsel.
Proskauer Rose, LLP, serves as the Debtor's general bankruptcy
counsel.  Silverman Consulting, LLC, acts as the Debtor's
financial advisor and Livingstone Partners, LLP, serves as the
Debtor's investment banker.  KCC is the Debtor's noticing, claims
and balloting agent.  Judge Mary F. Walrath presides over the
case.


IPC INTERNATIONAL: Gets Interim OK for $12MM DIP Loan
-----------------------------------------------------
Law360 reported that bankrupt shopping mall security firm IPC
International Corp. won interim approval of a $12 million post-
petition revolving credit facility the company says will help fund
its case while it zeroes in on a $21 million stalking horse sale
to rival Universal Protection Service LLC.

According to the report, U.S. Bankruptcy Judge Mary F. Walrath
agreed to give the green light to debtor-in-possession financing
from prepetition lender the PrivateBank and Trust Co., giving IPC
interim access to up to $8 million in revolving credit.

IPC International Corp., a provider of security services for
350 shopping malls, filed a petition for Chapter 11 protection
(Bankr. D. Del. Case No. 13-bk-12050) on Aug. 9 in Delaware after
signing a contract for Universal Protection Services LLC to buy
the business for $21.3 million plus assumption of specified
liabilities.

IPC, based in Bannockburn, Illinois, is asking the bankruptcy
judge to approve auction procedures under which competing bids
would be due on Sept. 16, followed by an auction on Sept. 18 and a
hearing on Sept. 25 to approve sale.  Even without a higher bid at
auction, the price will be sufficient to pay secured creditors in
full along with expenses of the bankruptcy.  Unsecured creditors
should receive some recovery from the sale.

The petition shows assets and liabilities both exceeding
$10 million.  Liabilities include $6.9 million on a revolving
credit and $10.4 million on term loans owing to PrivateBank &
Trust Co., as agent.

Bankruptcy was the result of losses on a U.K. affiliate that was
sold, as well as competition and the cost of liability insurance.


IRONSTONE GROUP: Incurs $52,000 Net Loss in Second Quarter
----------------------------------------------------------
Ironstone Group, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $52,385 for the three months ended June 30, 2013, as compared
with a net loss of $42,108 for the same period last year.

For the six months ended June 30, 2013, the Company incurred a net
loss of $93,040 as compared with a net loss of $55,863 for the
same period during the prior year.

The Company's balance sheet at June 30, 2013, showed $1.10 million
in total assets, $1.54 million in total liabilities and a $442,802
total stockholders' deficit.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/0WfeCV

                       About Ironstone Group

San Francisco, Calif.-based Ironstone Group, Inc., and
subsidiaries have no operations but are seeking appropriate
business combination opportunities.

Madsen & Associates CPA's, Inc., in Murray, Utah, issued a "going
concern" qualification on the consolidated financial statements
for the year ended Dec. 31, 2012.  The independent auditors noted
that the Company does not have the necessary working capital for
its planned activity, which raises substantial doubt about its
ability to continue as a going concern.


ISC8 INC: Obtains $3.4 Million Notes Subscription Commitments
-------------------------------------------------------------
ISC8, Inc., on Aug. 8, 2013, received subscription agreements from
certain accredited investors to purchase senior subordinated
secured convertible promissory notes in the aggregate principal
amount of $3.4 million, which amount includes an original issue
discount of 7.7 percent, whereby the Notes contain an additional
7.7 percent of principal, such that the total principal amount
represented by the Notes is $3.2 million.

The Notes are a part of the senior subordinated secured promissory
notes authorized for issuance by the Company's Board of Directors
in the aggregate principal amount of up to $20 million on
March 7, 2013.

The Notes accrue simple interest at a rate of 12 percent per annum
and are due and payable on Jan. 31, 2014.  The Notes are secured
under the terms of the Security Agreement, and are subordinate to
the Existing Secured Debt of the Company.

The Company and Costa Brava Partnership III L.P. entered into the
Seventh Omnibus Amendment, which amends and modifies the terms of
certain promissory notes of the Company and the Security
Agreement, dated March 16, 2011, as amended, between the Company
and Costa Brava, to permit the issuance of the Notes.  Costa Brava
is the Company's largest stockholder and one of its largest
creditors.  A copy of the Seventh Omnibus Amendment is available
for free at http://is.gd/CcGcSH

                          About ISC8 Inc.

Costa Mesa, California-based ISC8 Inc. is engaged in the design,
development, manufacture and sale of a family of security
products, consisting of cyber security solutions for commercial
and U.S. government applications, secure memory products, some of
which utilize technologies that the Company has pioneered for
three-dimensional ("3-D") stacking of semiconductors, systems in a
package ("Systems in a Package" or "SIP"), and anti-tamper
systems.

Squar, Milner, Peterson, Miranda & Williamson, LLP, in Newport
Beach, California, expressed substantial doubt about ISC8 Inc.'s
ability to continue as a going concern.  The independent auditors
noted that as of Sept. 30, 2012. the Company has negative working
capital of $10.1 million and a stockholders? deficit of
$35.4 million.

The Company reported a net loss of $19.7 million on $4.2 million
of revenues in fiscal 2012, compared with a net loss of
$15.8 million on $5.2 million of revenues in fiscal 2011.  The
Company's balance sheet at March 31, 2013, showed $4.71 million in
total assets, $47.74 million in total liabilities and a
$43.02 million total stockholders' deficit.


J.C. PENNEY: Ackman Quits Board Over CEO Search Controversy
-----------------------------------------------------------
William A. Ackman has resigned from the Board of Directors of
J. C. Penney Company, Inc., effective Aug. 12, 2013.  Mr. Ackman
was the Chair of the Finance and Planning Committee and a member
of the Human Resources and Compensation Committee and the
Committee of the Whole.  Mr. Ackman's resignation was the result
of a disagreement with decisions made by the Board of Directors
related to the timing and process surrounding the CEO search.

Effective August 12, the Board of Directors elected Ronald W.
Tysoe, a highly respected retail industry executive who spent 16
years as Vice Chairman at Federated Department Stores Inc. (now
Macy's, Inc.), as member of the Board.  The Board said it intends
to name another highly qualified new director in the near future.

In connection with his election to the Board, and pursuant to the
terms of the Company's 2012 Long-Term Incentive Plan, Mr. Tysoe
will be granted an award of restricted stock units having a market
value of $120,405 on Aug. 15, 2013.  This award represents a pro-
rata amount of the current annual equity award to non-associate
directors based on the effective date of Mr. Tysoe's election.

Thomas Engibous, Chairman of the Board of Directors, said, "The
Company is extremely fortunate to have the benefit of Ron Tysoe's
judgment and experience at this important time.  His deep
knowledge of the retail industry and his financial expertise will
be invaluable to us as we continue the work underway to return J.
C. Penney to profitability and growth.  I would like to thank Bill
Ackman for his service on the Board over the past two years."

Mr. Ackman said, "During my time on the J. C. Penney Board of
Directors, I have always advocated for what I believe to be in the
best interests of the Company -- its stockholders, employees and
others.  At this time, I believe that the addition of two new
directors and my stepping down from the Board is the most
constructive way forward for J. C. Penney and all other parties
involved."

Mr. Tysoe said, "J. C. Penney is one of America's great companies,
and I am very happy to be joining the Board of Directors.  I look
forward to working collaboratively with the rest of the Board and
management to advance the turnaround currently underway."

The Board also reaffirmed its overwhelming support for Chief
Executive Officer Myron E. (Mike) Ullman, III, and for Chairman
Thomas Engibous, both of whom have been working tirelessly to
position the Company for future success.  This important work has
included stabilizing the Company's operations and financial
position, restoring confidence among vendors, and taking steps to
get customers back into stores.

The Board expresses its deep appreciation for the efforts of the
Company's 116,000 associates, who continue to provide outstanding
service to J. C. Penney's customers during the back-to-school
season.  It is also grateful to the many vendors and other
business partners, as well as stockholders, who have taken the
opportunity during the past week to express their confidence in
the Company's leadership and its current path.

Ronald W. Tysoe has over 20 years of retail, finance and real
estate investment industry experience.  He served as a member of
the Board of Directors of Federated Department Stores Inc. from
1988 to 2005, as Vice Chairman for Finance and Real Estate from
1990 to 2006, and as Chief Financial Officer from 1990 to 1997.

Mr. Tysoe currently serves on the boards of the Canadian Imperial
Bank of Commerce (NYSE: CM), Scripps Networks Interactive (NYSE:
SNI), Cintas Corporation (NASDAQ: CTAS), and Taubman Centers, Inc.
(NYSE: TCO).  He received his Bachelor of Commerce and Bachelor of
Law degrees from the University of British Columbia.

                          About J.C. Penney

Plano, Texas-based J.C. Penney Company, Inc. is one of the U.S.'s
largest department store operators with about 1,100 locations in
the United States and Puerto Rico.

J.C. Penney disclosed a net loss of $985 million in 2012, as
compared with a net loss of $152 million in 2011.  As of May 4,
2013, the Company had $10.37 billion in total assets,
$7.50 billion in total liabilities and $2.86 billion in total
stockholders' equity.

                            *     *     *

The Company carries Moody's Investors Service's B3 Corporate
Family Rating with negative outlook.

Early in March 2013, Standard & Poor's Ratings Services lowered
its corporate credit rating on Penney to 'CCC+' from 'B-'.  The
outlook is negative.  At the same time, S&P lowered the issue-
level rating on the company's unsecured debt to 'CCC+' from 'B-'
and maintained its '3' recovery rating on this debt, indicating
S&P's expectation of meaningful (50% to 70%) recovery for
debtholders in the event of a payment default.

"The downgrade reflects the performance erosion that has
accelerated throughout the previous year and seems likely to
persist over the next 12 months," explained Standard & Poor's
credit analyst David Kuntz.

At the same time, Fitch Ratings downgraded the Company's Issuer
Default Ratings to 'B-' from 'B'.  The Rating Outlook is Negative.
The rating downgrades reflect Fitch's concerns that there is a
lack of visibility in terms of the Company's ability to stabilize
its business in 2013 and beyond after a precipitous decline in
revenues leading to negative EBITDA of $270 million in 2012.
Penney, Fitch said, will need to tap into additional funding to
cover a projected FCF shortfall of $1.3 billion to $1.5 billion in
2013, which could begin to strain its existing sources of
liquidity.

In February 2013, Penney received a notice of default from a law
firm representing more than 50% of its 7.4% Debentures due 2037.
The Company has filed a lawsuit in Delaware Chancery Court seeking
to block efforts by the bondholder group to declare a default on
the 2037 bonds.  Penney also asked lawyers at Brown Rudnick LLP to
identify the investors they represent.

In March 2013, Penney received a letter from bondholders
withdrawing and rescinding the Notice of Default.

On April 12, 2013, Penney borrowed $850 million out of its $1.85
billion committed revolving credit facility with JPMorgan Chase
Bank, N.A., as Administrative Agent, and Wells Fargo Bank,
National Association, as LC Agent. Penney said the move was to
enhance the Company's financial flexibility and position.


J.C. PENNEY: Moody's Keeps Ratings over Poor 2nd Qtr. Performance
-----------------------------------------------------------------
Moody's Investors Service stated that J.C. Penney Company, Inc.'s
Caa1 Corporate Family Rating, SGL-3 Speculative Grade Liquidity
Rating and negative outlook are not currently impacted by JCP's
disappointing second quarter results.

The principal methodology used in this rating was the Global
Retail Industry Methodology published in June 2011. Other
methodologies used include Loss Given Default for Speculative-
Grade Non-Financial Companies in the U.S., Canada and EMEA
published in June 2009.

J.C. Penney Company, Inc. is one of the U.S.'s largest department
store operators with about 1,100 locations in the United States
and Puerto Rico. It also operates a website, www.jcp.com. Revenues
are over $12 billion.


JACKSON HEWITT: Franchisee Stiffed Workers on OT, Suit Says
-----------------------------------------------------------
Law360 reported that a Florida franchisee of bankrupt Jackson
Hewitt Inc. was hit with a proposed class action alleging it
failed to pay certain employees for overtime and required extra,
uncompensated work by tacking "manager" to employees' titles.

TaxPrep1 Inc. forced so-called office managers to work more than
40 hours a week without paying overtime, in violation of the Fair
Labors Standards Act, according to the complaint filed in Florida
federal court, the report related.

The Jackson Hewitt franchisee instead "lumped" the work into a
fixed weekly salary, the report said.

The case is Kelley et al v. Taxprep1, Inc., Case No. 6:13-cv-01265
(M.D.Fla.) before Senior Judge G. Kendall Sharp.

                       About Jackson Hewitt

Parsippany, New York-based Jackson Hewitt Tax Service Inc., aka
JHTS Inc., provides computerized preparation services for federal,
state and local individual income tax returns in the United States
through a nationwide network of franchised and company-owned
offices operating under the brand name Jackson Hewitt Tax Service.
The Company has 700 franchisees that collectively operated a total
of 4,846 offices.  The Company also operates 1,110 company-owned
offices.

Jackson Hewitt and its affiliates filed for Chapter 11 bankruptcy
(Bankr. D. Del. Lead Case No. 11-11587) on May 24, 2011.  Judge
Mary F. Walrath presided over the bankruptcy case.  Skadden, Arps,
Slate, Meagher & Flom LLP, served as the Debtors' bankruptcy
counsel. Alvarez & Marsal North America, LLC, served as their
financial advisor.  Moelis & Company LLC acted as investment
banker.  The Garden City Group, Inc., served as the Debtors'
Claims and Noticing Agent.  The Debtors also tapped Deloitte &
Touche to serve as tax advisors and Kekst & Company to serve as
communications advisors.

BDO Financial served as financial advisors to the Official
Committee of Unsecured Creditors.

As of June 30, 2011, Jackson Hewitt's balance sheet showed $390.3
million in total assets, $432.9 million in total liabilities, and
a stockholders' deficit of $42.6 million.

Jackson Hewitt on Aug. 8, 2011, received confirmation of its
"pre-packaged" Plan of Reorganization.  Under the Plan, Jackson
Hewitt emerged as a private company with Bayside Capital becoming
the majority owner.  Bayside is an affiliate of Miami, Florida-
based H.I.G. Capital, and the largest holder of Jackson Hewitt's
secured debt prior to its restructuring.


JACKSON HEWITT: Says Bankruptcy Precludes $7MM Suit
---------------------------------------------------
Law360 reported that Jackson Hewitt Inc. asked a New Jersey
federal judge to dismiss a $7 million suit filed by an Oregon
franchisee alleging tortious interference, saying the franchisee's
claims were discharged when it signed a release as part of Jackson
Hewitt's Chapter 11 restructuring.

According to the report, Jackson Hewitt argued in its motion to
dismiss that its franchisee, Boise, Idaho-based FasTax Inc., had
no standing to bring claims against it because eight of FasTax's
nine claims were discharged as part of the tax preparation
company's bankruptcy proceedings.

The case is FASTAX, INC. v. JACKSON HEWITT, INC. et al., Case No.
2:13-cv-03078 (D.N.J.) before Judge William J. Martini.

                       About Jackson Hewitt

Parsippany, New York-based Jackson Hewitt Tax Service Inc., aka
JHTS Inc., provides computerized preparation services for federal,
state and local individual income tax returns in the United States
through a nationwide network of franchised and company-owned
offices operating under the brand name Jackson Hewitt Tax Service.
The Company has 700 franchisees that collectively operated a total
of 4,846 offices.  The Company also operates 1,110 company-owned
offices.

Jackson Hewitt and its affiliates filed for Chapter 11 bankruptcy
(Bankr. D. Del. Lead Case No. 11-11587) on May 24, 2011.  Judge
Mary F. Walrath presided over the bankruptcy case.  Skadden, Arps,
Slate, Meagher & Flom LLP, served as the Debtors' bankruptcy
counsel. Alvarez & Marsal North America, LLC, served as their
financial advisor.  Moelis & Company LLC acted as investment
banker.  The Garden City Group, Inc., served as the Debtors'
Claims and Noticing Agent.  The Debtors also tapped Deloitte &
Touche to serve as tax advisors and Kekst & Company to serve as
communications advisors.

BDO Financial served as financial advisors to the Official
Committee of Unsecured Creditors.

As of June 30, 2011, Jackson Hewitt's balance sheet showed $390.3
million in total assets, $432.9 million in total liabilities, and
a stockholders' deficit of $42.6 million.

Jackson Hewitt on Aug. 8, 2011, received confirmation of its
"pre-packaged" Plan of Reorganization.  Under the Plan, Jackson
Hewitt emerged as a private company with Bayside Capital becoming
the majority owner.  Bayside is an affiliate of Miami, Florida-
based H.I.G. Capital, and the largest holder of Jackson Hewitt's
secured debt prior to its restructuring.


JAMES RIVER: Commences Exchange Offer for Conv. Senior Notes
------------------------------------------------------------
James River Coal Company has commenced exchange offers for its
outstanding 4.50 percent and 3.125 percent convertible senior
notes.  The Company is offering to exchange (i) up to $31.739
million aggregate principal amount of its 10.00 percent
Convertible Senior Notes due 2018 for any and all of its
outstanding 4.50 percent Convertible Senior Notes due 2015 and
(ii) up to $22.705 million aggregate principal amount of its New
Notes for any and all of its outstanding 3.125 percent Convertible
Senior Notes due 2018.  Holders may tender all, some or none of
their Existing 2015 Notes or Existing 2018 Notes.

In exchange for each $1,000 principal amount of Existing 2015
Notes that is validly tendered and accepted, holders of those
tendered notes will receive $620.00 principal amount of the
Company's New Notes.  In exchange for each $1,000 principal amount
of Existing 2018 Notes that is validly tendered and accepted,
holders of those tendered notes will receive $440.00 principal
amount of the Company's New Notes.  The Company will also pay in
cash accrued and unpaid interest on Existing 2015 Notes and
Existing 2018 Notes accepted for exchange from the last applicable
interest payment date to but excluding the settlement date.

The exchange offers will expire at 11:59 p.m., New York City time,
on Sept. 11, 2013.  The Company may extend the expiration date and
time of either or both the exchange offers, and such applicable
date and time will be referred to as the "Expiration Date".
Holders may withdraw existing notes tendered in the applicable
exchange offer at any time prior to the Expiration Date.  Any
notes withdrawn pursuant to the terms of these exchange offers
will not thereafter be considered tendered for any purpose unless
and until that note is again tendered pursuant to the exchange
offers.  Existing notes not exchanged in the exchange offers will
be returned to the tendering holder at the Company's expense
promptly after the expiration or termination of the exchange
offers.

The New Notes will comprise part of the same series as the
$123,261,000 aggregate principal amount of notes issued by the
Company on May 22, 2013, in separate, privately negotiated
exchange transactions completed in reliance on the exemption from
registration provided by Section 4(a)(2) of the Securities Act of
1933, as amended and Regulation D promulgated under the Securities
Act.  Payments of principal, premium, if any and interest on the
New Notes will be guaranteed by the Company and all of the
Company's current subsidiaries.

U.S. Bank National Association will serve as exchange agent and
information agent for the exchange of New Notes for the Existing
2015 Notes and Existing 2018 Notes.

Lazard Freres & Co. LLC is acting as financial advisor to the
Company in connection with structuring the terms and conditions of
the exchange offers.

A registration statement on Form S-4 relating to the New Notes has
been filed with and declared effective by the Securities and
Exchange Commission.

The Company also filed with the SEC a Schedule TO in connection
with the transaction, a copy of which is available for free at:

                        http://is.gd/CJ3VeF

                         About James River

Headquartered in Richmond, Virginia, James River Coal Company
(NasdaqGM: JRCC) -- http://www.jamesrivercoal.com/-- mines,
processes and sells bituminous steam and industrial-grade coal
primarily to electric utility companies and industrial customers.
The company's mining operations are managed through six operating
subsidiaries located throughout eastern Kentucky and in southern
Indiana.

James River reported a net loss of $138.90 million in 2012,
as compared with a net loss of $39.08 million in 2011.  The
Company's balance sheet at March 31, 2013, showed $1.16 billion in
total assets, $944.75 million in total liabilities and $215.26
million in total shareholders' equity.

                           *     *     *

In the May 24, 2013, edition of the TCR, Moody's Investors Service
downgraded James River Coal Company's Corporate Family Rating to
Caa2 from Caa1.

"While the company continues to take actions to reposition
operations and shore up its balance sheet, we expect external
factors will preclude James River from maintaining credit measures
and liquidity consistent with the Caa1 rating level," said Ben
Nelson, Moody's lead analyst for James River Coal Company.

As reported by the TCR on Nov. 19, 2012, Standard & Poor's Ratings
Services raised its corporate credit rating on Richmond, Va.-based
James River Coal Co. to 'CCC' from 'SD' (selective default).

"We raised our rating on James River Coal because we understand
that the company has stopped repurchasing its debt at deep
discounts, for the time being," said credit analyst Megan
Johnston.


JEFFERSON COUNTY, AL: Sees Higher Yields, Size on Ch. 9 Exit Bond
-----------------------------------------------------------------
Michael Connor, writing for Reuters, reported that Alabama's
Jefferson County has hiked forecasts for yields it expects to pay
and increased the planned size of a bond sale vital to its
reorganization plan to pay off Wall Street creditors and exit
America's second-largest municipal bankruptcy.

According to documents revised after recent sharp increases in
U.S. interest rates, which Jefferson County officials say could
threaten their $4.2 billion negotiated plan of adjustment, the
county now forecasts tax-free yields ranging from 4.5 percent to 7
percent on $1.98 billion of new debt, the report related.

The county, whose finances were crippled by soured sewer system
debt, corruption and a fall-off in revenue, had forecast in June
that the late 2013 bond deals would total $1.89 billion and,
depending on maturities as long as 40 years and type, yield
between 3.5 percent and 6.75 percent, the report related.

The bond monies would pay off sewer-system creditors owed $3.1
billion at about a 40 percent discount and fund capital spending
on the county's sewer system, the report further related.  Another
$1 billion of school and other county debt is also covered in the
plan of adjustment.

Contained in a disclosure document for creditors approved last
week by a U.S. bankruptcy judge, the revisions also included a big
increase, to $458.4 million from $174.5 million, in the amount of
convertible capital appreciation bonds Jefferson County hopes to
sell, the report said.

                     About Jefferson County

Jefferson County has its seat in Birmingham, Alabama.  It has a
population of 660,000.

Jefferson County filed a bankruptcy petition under Chapter 9
(Bankr. N.D. Ala. Case No. 11-05736) on Nov. 9, 2011, after an
agreement among elected officials and investors to refinance
$3.1 billion in sewer bonds fell apart.

John S. Young Jr. LLC was appointed as receiver by Alabama Circuit
Court Judge Albert Johnson in September 2010.

Jefferson County's bankruptcy represents the largest municipal
debt adjustment of all time.  The county said that long-term debt
is $4.23 billion, including about $3.1 billion in defaulted sewer
bonds where the debt holders can look only to the sewer system for
payment.

The county said it would use the bankruptcy court to put a value
on the sewer system, in the process fixing the amount bondholders
should be paid through Chapter 9.

Judge Thomas B. Bennett presides over the Chapter 9 case.  Lawyers
at Bradley ArantBoult Cummings LLP and Klee, Tuchin, Bogdanoff&
Stern LLP, led by Kenneth Klee, represent the Debtor as counsel.
Kurtzman Carson Consultants LLC serves as claims and noticing
agent.  Jefferson estimated more than $1 billion in assets.  The
petition was signed by David Carrington, president.

The bankruptcy judge in January 2012 ruled that the state court-
appointed receiver for the sewer system largely lost control as a
result of the bankruptcy. Before deciding whether Jefferson County
is eligible for Chapter 9, the bankruptcy judge will allow the
Alabama Supreme Court to decide whether sewer warrants are the
equivalent of "funding or refunding bonds" required under state
law before a municipality can be in bankruptcy.

U.S. District Judge Thomas B. Bennett ruled in March 2012 that
Jefferson County is eligible under state law to pursue a debt
restructuring under Chapter 9.  Holders of more than $3 billion in
defaulted sewer debt had challenged the county's right to be in
Chapter 9.

In June 2013, the county reached settlement with holders of 78
percent of the $3.1 billion in sewer debt at the core of the
county's financial problems.  The bondholders will be paid $1.84
billion through a refinancing, according to a term sheet.  The
settlement calls for JPMorgan Chase & Co., the owner of $1.22
billion in bonds, to make the largest concessions so other
bondholder will recover more.

On June 30, 2013, Jefferson County filed a Chapter 9 plan of debt
adjustment.  Pursuant to the Plan, sewer bondholders will receive
65 percent in cash. If they elect to waive claims against JPMorgan
and bond insurers, they receive 80 percent in cash.  Bondholders
supporting the plan already agreed to waive claims and receive the
larger recovery.  Existing sewer bonds will be canceled in
exchange for payments under the plan.  The county will fund plan
distributions by selling new sewer bonds calculated to generate
$1.96 billion to cover the $1.84 billion earmarked for existing
sewer bondholders.  JPMorgan has agreed to waive $842 million of
the sewer debt and a $657 million swap debt, resulting in an 88
percent overall write off by JPMorgan.  To finance the new sewer
bonds, there will be 7.4 percent in rate increases for sewer
customers in each of the first four years.  In later years, rate
increases will be 3.5 percent.


K-V PHARMACEUTICAL: Key Hearing in Bankruptcy Set
-------------------------------------------------
Bloomberg News reported that creditors of St. Louis-based K-V
Pharmaceutical Co. have a pivotal hearing on Thursday when a
bankruptcy judge in New York is expected to decide whether senior
noteholders are entitled to recover $32.8 million in post-
bankruptcy interest before holders of convertible notes begin
recovering on their subordinated claims.

The decision precedes a confirmation hearing, set for Aug. 28, on
K-V's reorganization plan, the report said.

That plan is based on a compromise in which holders of $200
million in convertible notes can buy the lion's share of the
reorganized business, the report related.  If they win the
interest rate dispute on Thursday, the company they own will be
more valuable.

In exchange for the $200 million in convertible debt, holders will
receive 7 percent of the reorganized company's stock, for a
predicted recovery of 10.9 percent, according to the revised
disclosure statement, the report said.

                    About K-V Pharmaceutical

K-V Pharmaceutical Company (NYSE: KVa/KVb) --
http://www.kvpharmaceutical.com/-- is a fully integrated
specialty pharmaceutical company that develops, manufactures,
markets, and acquires technology-distinguished branded and
generic/non-branded prescription pharmaceutical products.  The
Company markets its technology distinguished products through
ETHEX Corporation, a subsidiary that competes with branded
products, and Ther-Rx Corporation, the company's branded drug
subsidiary.

K-V Pharmaceutical Company and certain domestic subsidiaries on
Aug. 4, 2012, filed voluntary Chapter 11 petitions (Bankr.
S.D.N.Y. Lead Case No. 12-13346, under K-V Discovery Solutions
Inc.) to restructure their financial obligations.

K-V employed Willkie Farr & Gallagher LLP as bankruptcy counsel,
Williams & Connolly LLP as special litigation counsel, and SNR
Denton as special litigation counsel.  In addition, K-V tapped
Jefferies & Co., Inc., as financial advisor and investment banker.
Epiq Bankruptcy Solutions LLC is the claims and notice agent.

The U.S. Trustee appointed five members to serve in the Official
Committee of Unsecured Creditors.  Kristopher M. Hansen, Esq.,
Erez E. Gilad, Esq., and Matthew G. Garofalo, Esq., at Stroock &
Stroock & Lavan LLP, represent the Creditors Committee.

Weil, Gotshal & Manges LLP's Robert J. Lemons, Esq., and Lori R.
Fife, Esq., represent an Ad Hoc Senior Noteholders Group.


KEYUANA LLC: Voluntary Chapter 11 Case Summary
----------------------------------------------
Debtor: Keyuana, LLC
        670 W 20th St.
        Hialeah, FL 33010

Bankruptcy Case No.: 13-29398

Chapter 11 Petition Date: August 15, 2013

Court: United States Bankruptcy Court
       Southern District of Florida (Miami)

Judge: Laurel M. Isicoff

Debtor's Counsel: Giovanni Nicosia, Esq.
                  4175 Davie Rd # 110
                  Davie, FL 33314
                  Tel: (954) 726-5580
                  E-mail: nicosialaw@gmail.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $500,001 to $1,000,000

The Debtor did not file a list of its largest unsecured creditors
together with its petition.

The petition was signed by Mehrdad Fahimipour, manager/member.


KINBASHA GAMING: Posts $779,000 Net Income in June 30 Quarter
-------------------------------------------------------------
Kinbasha Gaming International, Inc., filed with the U.S.
Securities and Exchange Commission its quarterly report on Form
10-Q disclosing net income of $779,000 on $18.74 million of net
revenues for the three months ended June 30, 2013, as compared
with a net loss of $1.90 million on $23.93 million of net revenues
for the same period last year.

As of June 30, 2013, the Company had $117.05 million in total
assets, $145.13 million in total liabilities and a $28.08 million
total shareholders' deficit.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/RjhfOu

                       About Kinbasha Gaming

Westlake Village, California-based Kinbasha Gaming International,
Inc., owns and operates retail gaming centers, commonly called
"pachinko parlors," in Japan.  These parlors, which resemble
Western style casinos, offer customers the opportunity to play the
games of chance known as pachinko and pachislo.  Pachinko gaming
is one of the largest entertainment business segments in Japan.

These operations are conducted predominately through Kinbasha's
98 percent owned Japanese subsidiary, Kinbasha Co. Ltd. ("Kinbasha
Japan").  Kinbasha Japan has been in this business since 1954.  As
of September 30, 2012, the Company operated 21 pachinko parlors,
of which 18 were in the Japanese prefecture of Ibaraki, two were
in the Tokyo metropolis, and one was in the Chiba prefecture.

Marcum, LLP, in Los Angeles, CA, issued a "going concern"
qualification on the consolidated financial statements for the
year ended March 31, 2013.  The independent auditors noted that
the Company has incurred substantial losses, its current
liabilities exceeds its current assets and the Company is
delinquent on the repayment of its capital lease obligations and
notes payable that raise substantial doubt about its ability to
continue as a going concern.

                      Unit's Bankruptcy Warning

"Our operations are conducted through a 98% owned Japanese
subsidiary, Kinbasha Co. Ltd.  This subsidiary has been in this
business since 1954.  As of May 31, 2013, we had 21 pachinko
parlors with 7,463 pachinko machines.  Eighteen of our parlors are
in the Japanese prefecture of Ibaraki, two are in the Tokyo
metropolis, and one is in the prefecture of Chiba.

"We had net revenues of $91.2 million and $93.9 million in our
fiscal years ended March 31, 2012 and 2013, respectively, and net
loss of $6.0 million in fiscal year 2012 and net income of $11.6
million in fiscal year 2013.  As of March 31, 2013, we had total
debt of $132.3 million, of which $97.1 million of debt was in
default ($77.6 million of principal and $19.5 million of interest
and penalty interest).  Because we do not have the financial
resources to pay our defaulted debt, our creditors could force
Kinbasha Japan into a liquidation bankruptcy, in which event we
would lose our pachinko licenses and Kinbasha Japan would cease
operations.  However, most of this debt has been in default for up
to seven years and to date no creditor has attempted to force us
into a liquidation bankruptcy," the Company said in its annual
report for the year ended March 31, 2013.


KINGSBURY CORP: Sept. 25 Hearing on US Trustee's Dismissal Motion
-----------------------------------------------------------------
The hearing to consider the motion of the United States Trustee to
dismiss or convert each of Kingsbury Corporation, Donson Group,
Ltd., and Ventura Industries, LLC's bankruptcy cases is scheduled
for Sept. 25, 2013, at 9:00 a.m.

According to papers filed with the Court on Aug. 2, 2013, U.S.
Trustee for Region 1 William K. Harrington's motion is based on
the inability of the Debtors to propose a confirmable plan of
reorganization.

The U.S. Trustee said: "Kingsbury has ceased operations.
Substantially all of Kingsbury's tangible personal property has
been sold, and its real property has been foreclosed upon.  Upon
information and belief, Kingsbury's primary remaining assets
consist of its post-petition causes of action arising from alleged
collusive activity in connection with the sale of Kingsbury's
machinery, equipment and personal property.

"The Debtors do not have sufficient cash on hand to pay
administrative, priority and tax claims in full.  Instead, the
Debtors have filed a plan which depends on the successful
prosecution of Kingsbury's post-petition claims for its funding.
Because a plan based on the outcome of litigation is by its very
nature speculative, and because the Debtors have no other source
of income with which to satisfy the confirmation requirements of
11 U.S.C. Sec. 1129(a)(9)(A),(B) and (C), the Debtors cannot
demonstrate the ability to propose a feasible Chapter 11 plan
within a reasonable period of time."

                       About Kingsbury Corp.

Kingsbury Corp. -- http://www.kingsburycorp.com/-- makes and
assembles machine systems.  Kingsbury and affiliate Ventura
Industries, LLC, filed Chapter 11 petition (Bankr. D. N.H. Case
Nos. 11-13671 and 11-13687) on Sept. 30, 2011.  Maire B. Corcoran,
Esq., Robert J. Keach, Esq., Jessica A. Lewis, Esq., and Jennifer
Rood, Esq., at Berstein, Shur, Sawyer & Nelson, serve as counsel
to the Debtors.  Donnelly Penman & Partners serves as its
investment banker.  In its schedules, the Debtor disclosed
$10,134,679 in assets, and $24,534,973 in liabilities as of the
petition date.

William K. Harrington, the U.S. Trustee for Region 1, appointed
five members to serve on the Official Committee of Unsecured
Creditors.  Steven C. Reingold, Esq., and Bruce F. Smith, Esq., at
Jager Smith P.C., represent the Official Committee of Unsecured
Creditors as counsel.


KSTW ACQUISITION: Moody's Withdraws Ratings over Kohlberg Pullout
-----------------------------------------------------------------
Moody's Investors Service withdrew all of KSTW Acquisition, Inc.'s
ratings in response to Kohlberg & Co.'s August 13 announcement
that it has withdrawn its $438 million offer to buy Steinway
Musical Instruments. KSTW is an affiliate of Kohlberg, a private
equity firm, and was the acquisition vehicle to be used by
Kohlberg to facilitate its purchase of Steinway.

Ratings withdrawn:

  Corporate Family Rating, at B2;

  Probability of Default Rating, at B2-PD; First lien senior
  secured term loan due 2019, at B1 (LGD 3, 42%);

  Second lien secured term loan due 2020, at Caa1 (LGD 5, 80%)

In a separate announcement made on August 14, Steinway said that
it had entered into a definitive merger agreement with Paulson &
Co. valuing Steinway at about $512 million, approximately $75
million more than Kohlberg's bid.

The agreement with Paulson does not provide for a "go-shop"
period, but Steinway is permitted to respond to unsolicited offers
in certain circumstances, and ultimately, to accept a superior
proposal until the closing of the tender offer. Paulson is
required to commence a tender offer to acquire all outstanding
shares of Steinway's common stock for $40 per share in cash. The
offer is not subject to financing conditions. Closing of the
tender offer is subject to regulatory approvals. The proposed
transaction is expected to close in late September. Upon
completion of the proposed transaction, Steinway will become a
privately held company.

Steinway Musical Instruments, Inc., headquartered in Waltham,
Massachusetts, manufacturers of variety of musical instruments.
The company's products include Steinway & Sons, Boston and Essex
pianos, Selmer Paris saxophones, Bach Stradivarius trumpets, C.G.
Conn French horns, King trombones, and Ludwig snare drums.
Revenues for the twelve month period ended June 30, 2013 were
approximately $360 million.


LA CUADRA: Case Summary & 8 Unsecured Creditors
-----------------------------------------------
Debtor: La Cuadra Company, LLC
        11621 Drexel Street
        Omaha, NE 68137

Bankruptcy Case No.: 13-81746

Chapter 11 Petition Date: August 15, 2013

Court: United States Bankruptcy Court
       District of Nebraska (Omaha Office)

Judge: Thomas L. Saladino

Debtor's Counsel: Kathryn J. Derr, Esq.
                  KATHRYN J. DERR, PC, LLO
                  1301 South 75th Street, Suite 100
                  Omaha, NE 68124
                  Tel: (402) 827-7000
                  Fax: (402) 827-7001
                  E-mail: kderr@berkshire-law.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

A copy of the list of eight largest unsecured creditors is
available for free at http://bankrupt.com/misc/neb13-81746.pdf

The petition was signed by Claudia Josefina Newton Frausto.


LANDAUER HEALTHCARE: Can Use Cash On Hand to Fund Ch. 11 Sale
-------------------------------------------------------------
Law360 reported that a Delaware bankruptcy judge gave Landauer-
Metropolitan Inc. the green light to tap cash collateral, allowing
the medical equipment supplier to fund an anticipated short stay
in Chapter 11 on its way to a $22 million going-concern sale.

According to the report, at a hearing in Wilmington, U.S.
Bankruptcy Judge Christopher S. Sontchi signed off on the cash
collateral motion and slate of other first-day pleadings designed
to keep Landauer Metro operational as it pursues a Section 363
sale to $22 million stalking horse Quadrant Management Inc.

                About Landauer Healthcare Holdings

Home medical equipment provider Landauer Healthcare Holdings,
Inc., sought Chapter 11 protection (Bankr. D. Del. Lead Case No.
13-12098) on Aug. 16, 2013, with a deal to sell all assets to
Quadrant Management Inc. for $22 million, absent higher and better
offers.

The Company has 32 operating locations, with 50% of inventory
concentrated in Mount Vernon, New York; Great Neck, New York;
Warwick, Rhode Island; and Philadelphia, Pennsylvania. Landauer,
which derives revenues by reimbursement from insurers, Medicare
and Medicaid, reported net revenues of $128.5 million in fiscal
year ended March 31, 2013.

Landauer estimated assets and debt of at least $50 million.

The Debtors have tapped K&L Gates LLP as bankruptcy counsel, Young
Conaway Stargatt & Taylor LLP as Delaware counsel, Carl Marks
Advisory Group as financial advisors, and Epiq Systems as claims
and notice agent.


LANDAUER HEALTHCARE: Meeting to Form Creditors' Panel on Aug. 26
----------------------------------------------------------------
Roberta A. DeAngelis, United States Trustee for Region 3, will
hold an organizational meeting on August 26, 2013 at 1:00 p.m. in
the bankruptcy case of Landauer Healthcare Holdings, Inc., et al.
The meeting will be held at:

         J. Caleb Boggs Federal Building
         844 King St., Room 5209
         Wilmington, DE 19801

The sole purpose of the meeting will be to form a committee or
committees of unsecured creditors in the Debtors' case.

The organizational meeting is not the meeting of creditors
pursuant to Section 341 of the Bankruptcy Code.  A representative
of the Debtor, however, may attend the Organizational Meeting, and
provide background information regarding the bankruptcy cases.

To increase participation in the Chapter 11 proceeding, Section
1102 of the Bankruptcy Code requires that the United States
Trustee appoint a committee of unsecured creditors as soon as
practicable.  The Committee ordinarily consists of the persons,
willing to serve, that hold the seven largest unsecured claims
against the debtor of the kinds represented on the committee.
Section 1103 of the Bankruptcy Code provides that the Committee
may consult with the debtor, investigate the debtor and its
business operations and participate in the formulation of a plan
of reorganization.  The Committee may also perform other services
as are in the interests of the unsecured creditors whom it
represents.


LEHMAN BROTHERS: UBS Agrees to Pay $120 Million to Settle Claims
----------------------------------------------------------------
David McLaughlin, writing for Bloomberg News, reported that UBS
AG, Switzerland's largest bank, agreed to pay $120 million to
settle claims by investors in Lehman Brothers Holdings Inc.
securities in a lawsuit tied to the investment bank's 2008
collapse.

According to the report, UBS was accused of violating federal
securities laws in underwriting and selling the securities to
investors, who claimed that offering materials contained
misleading information about Lehman Brothers' financial condition.

"UBS is pleased to have resolved this legacy litigation matter
arising out of the 2008 financial crisis," the Zurich-based lender
said in a statement. "UBS agreed to the settlement to avoid the
cost and uncertainty of continued litigation."

The settlement, disclosed on Aug. 9 in a filing in federal court
in New York, compares "favorably" with other recoveries stemming
from the credit crisis, the plaintiffs said. Lehman Brothers filed
for bankruptcy in September 2008.

The settlement, which requires court approval, represents a
recovery of 13.4 percent of the total face value of securities at
issue, or about $896 million, without taking into account UBS's
defenses and rights of offset, according to the court filing.

The case is In re Lehman Brothers Securities and Erisa Litigation,
09-md-02017, U.S. District Court, Southern District of New York
(Manhattan).

                       About Lehman Brothers

Lehman Brothers Holdings Inc. -- http://www.lehman.com/-- was
the fourth largest investment bank in the United States.  For
more than 150 years, Lehman Brothers has been a leader in the
global financial markets by serving the financial needs of
corporations, governmental units, institutional clients and
individuals worldwide.

Lehman Brothers filed for Chapter 11 bankruptcy (Bankr. S.D.N.Y.
Case No. 08-13555) on Sept. 15, 2008.  Lehman's bankruptcy
petition disclosed US$639 billion in assets and US$613 billion in
debts, effectively making the firm's bankruptcy filing the
largest in U.S. history.  Several other affiliates followed
thereafter.

Affiliates Merit LLC, LB Somerset LLC and LB Preferred Somerset
LLC sought for bankruptcy protection in December 2009.

The Debtors' bankruptcy cases are handled by Judge James M. Peck.
Harvey R. Miller, Esq., Richard P. Krasnow, Esq., Lori R. Fife,
Esq., Shai Y. Waisman, Esq., and Jacqueline Marcus, Esq., at
Weil, Gotshal & Manges, LLP, in New York, represent Lehman.  Epiq
Bankruptcy Solutions serves as claims and noticing agent.

Dennis F. Dunne, Esq., Evan Fleck, Esq., and Dennis O'Donnell,
Esq., at Milbank, Tweed, Hadley & McCloy LLP, in New York, serve
as counsel to the Official Committee of Unsecured Creditors.
Houlihan Lokey Howard & Zukin Capital, Inc., is the Committee's
investment banker.

On Sept. 19, 2008, the Honorable Gerard E. Lynch of the U.S.
District Court for the Southern District of New York, entered an
order commencing liquidation of Lehman Brothers, Inc., pursuant
to the provisions of the Securities Investor Protection Act (Case
No. 08-CIV-8119 (GEL)).  James W. Giddens has been appointed as
trustee for the SIPA liquidation of the business of LBI.

The Bankruptcy Court approved Barclays Bank Plc's purchase of
Lehman Brothers' North American investment banking and capital
markets operations and supporting infrastructure for US$1.75
billion.  Nomura Holdings Inc., the largest brokerage house in
Japan, purchased LBHI's operations in Europe for US$2 plus the
retention of most of employees.  Nomura also bought Lehman's
operations in the Asia Pacific for US$225 million.

Lehman emerged from bankruptcy protection on March 6, 2012, more
than three years after it filed the largest bankruptcy in U.S.
history.  The Chapter 11 plan for the Lehman companies other than
the broker was confirmed in December 2011.

Lehman made its first payment of $22.5 billion to creditors in
April 2012, a second payment of $10.2 billion on Oct. 1, 2012, and
a third distribution of $14.2 billion on April 4, 2013.  The
brokerage is yet to make a first distribution to non-customers,
although customers are being paid in full.

Bankruptcy Creditors' Service, Inc., publishes Lehman Brothers
Bankruptcy News.  The newsletter tracks the Chapter 11 proceeding
undertaken by Lehman Brothers Holdings, Inc., and other
insolvency and bankruptcy proceedings undertaken by its
affiliates.


LIFE CARE: To Hire Continuum Development as Review Consultant
-------------------------------------------------------------
Life Care St. Johns, Inc., doing business as Glenmoor, seeks
authority from the U.S. Bankruptcy Court for the Middle District
of Florida to employ Continuum Development Services as its
operational review consultant.

Continuum will provide an independent assessment of Glenmoor's
operations and make recommendations for improving revenues based
on its findings.  Continuum will also prepare a report of its
findings, recommendation and conclusions within 45 days of its
engagement.

Continuum's consulting fees for the review of Glenmoor during the
Assessment Phase will be $60,000. Actual out-of-pocket expenses
are not expected to exceed 15% of project costs. Continuum
requires a retainer equal to 50% of project costs prior to the
site visit.  A second payment equal to 35% of project costs will
be due after the site visit is completed.  The final billing for
remaining project costs will occur upon submission of the written
draft report.

Daniel H. Gray -- Dan.gray@consulting-cds.com -- president of
Continuum, assures the Court that Continuum is a "disinterested
person" within the meaning of Sections 101(14) and 327(a) of the
Bankruptcy Code, and does not hold or represent any interest
adverse to the Debtor or its Chapter 11 estate, creditors, or any
other party with an actual or potential conflict in the Chapter 11
case.

The Court will convene a preliminary hearing on August 22, 2013,
at 1:30 p.m., to consider the Debtor's request.

The Debtor is represented by Richard R. Thames -- rrt@stmlaw.net
-- and Eric N. McKay -- enm@stmlaw.com -- at Stutsman Thames &
Markey, P.A.

Life Care St. Johns, Inc., filed a Chapter 11 petition (Bankr.
M.D. Fla. Case No. 13-04158) on July 3, 2013.  The Debtor is the
owner and operator of a continuing care retirement community known
as Glenmoor consisting of 144 independent living units located on
a 40-acre site in St. Johns County, Florida.

Bruce Jones signed the petition as CEO.  Judge Jerry A. Funk
presides over the case.  The Debtor estimated assets of at least
$10 million and debts of at least $50 million.  Stutsman Thames &
Markey, P.A., serves as the Debtor's counsel.  Navigant Capital
Advisors, LLC, acts as the Debtor's financial advisor.  American
Legal Claim Services, LLC, serves as claims and noticing agent.


LIFE CARE: Creditors Committee Gets OK to Tap Akerman as Counsel
----------------------------------------------------------------
The Official Committee of Creditors Holding Unsecured Claims of
Life Care St. Johns, Inc., sought and obtained permission from the
U.S. Bankruptcy Court for the Middle District of Florida
to retain Akerman Senterfitt as its counsel, effective as of
August 7, 2013.

Judge Jerry A. Funk held that compensation for professional
services rendered and reimbursement of costs advanced will be
fixed by the Court upon application and notice as may be directed
by the Court in accordance with the order approving interim
compensation procedures for professionals.  The Committee had
previously sought the Court's approval to pay Akerman based on its
standard hourly rates, which range from $440 to $470 for
shareholders, $230 to $285 for associates and of-counsel, and $185
to $190 for paralegals.

David E. Otero -- david.otero@akerman.com -- a partner in
Akerman's Bankruptcy and Reorganization Group had assured the
Court that his firm does not represent any other entity having an
adverse interest to the Committee or to the Debtor's estate in
connection with its Chapter 11 case.

Counsel for the Committee includes John B. Macdonald --
john.macdonald@akerman.com -- and Christian P. George --
christian.george@akerman.com

Life Care St. Johns, Inc., filed a Chapter 11 petition (Bankr.
M.D. Fla. Case No. 13-04158) on July 3, 2013.  The Debtor is the
owner and operator of a continuing care retirement community known
as Glenmoor consisting of 144 independent living units located on
a 40-acre site in St. Johns County, Florida.

Bruce Jones signed the petition as CEO.  Judge Jerry A. Funk
presides over the case.  The Debtor estimated assets of at least
$10 million and debts of at least $50 million.  Stutsman Thames &
Markey, P.A., serves as the Debtor's counsel.  Navigant Capital
Advisors, LLC, acts as the Debtor's financial advisor.  American
Legal Claim Services, LLC, serves as claims and noticing agent.


LIFE CARE: Files Schedules of Assets and Liabilities
----------------------------------------------------
Life Care St. Johns, Inc., filed with the U.S. Bankruptcy Court
for the Middle District of Florida its schedules of assets and
liabilities, disclosing:

     Name of Schedule             Assets         Liabilities
     ----------------           -----------      -----------
  A. Real Property              $20,005,229.00
  B. Personal Property          $16,303,177.59
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               57,145,893.75
  E. Creditors Holding
     Unsecured Priority
     Claims                                          332,176.68
  F. Creditors Holding
     Unsecured Non-priority
     Claims                                       59,827,554.75
                                --------------   --------------
        TOTAL                   $36,308,406.59  $117,305,625.18


Life Care St. Johns, Inc., filed a Chapter 11 petition (Bankr.
M.D. Fla. Case No. 13-04158) on July 3, 2013.  The Debtor is the
owner and operator of a continuing care retirement community known
as Glenmoor consisting of 144 independent living units located on
a 40-acre site in St. Johns County, Florida.

Bruce Jones signed the petition as CEO.  Judge Jerry A. Funk
presides over the case.  The Debtor estimated assets of at least
$10 million and debts of at least $50 million.  Stutsman Thames &
Markey, P.A., serves as the Debtor's counsel.  Navigant Capital
Advisors, LLC, acts as the Debtor's financial advisor.  American
Legal Claim Services, LLC, serves as claims and noticing agent.


LIFE CARE: Amends List of Top Unsecured Creditors
-------------------------------------------------
Life Care St. Johns, Inc. submitted an amended list of its top
largest unsecured creditors.

The list of the Debtor's 20 largest unsecured creditors:

        Entity                     Nature of Claim    Claim Amount
        ------                     ---------------    ------------
Series 2006(a) Bondholders, as     Blanket Lien on     $57,145,893
Described on the attached listing  Company Assets

Refund Queue Holder                75% Refund             $423,900
Contract No. 1019

Refund Queue Holder                90% Refund             $415,143
Contract No. 1023

Refund Queue Holder                90% Refund             $364,725
Contract No. 1008

Refund Queue Holder                75% Refund             $364,125
Contract No. 1011

Refund Queue Holder                90% Refund             $359,910
Contract No. 1003

Refund Queue Holder                75% Refund             $357,825
Contract No. 1010

Refund Queue Holder                90% Refund             $341,910
Contract No. 1002

Refund Queue Holder                75% Refund             $313,650
Contract No. 1027

Refund Queue Holder                90% Refund             $311,940
Contract No. 1015

Refund Queue Holder                75% Refund             $296,250
Contract No. 1029

Refund Queue Holder                75% Refund             $296,250
Contract No. 1009

Refund Queue Holder                90% Refund             $292,590
Contract No. 1022

Refund Queue Holder                90% Refund             $283,720
Contract No. 1020

Refund Queue Holder                90% Refund             $274,016
Contract No. 1017

Refund Queue Holder                90% Refund             $265,500
Contract No. 1001

Refund Queue Holder                90% Refund             $260,910
Contract No. 1012

Refund Queue Holder                90% Refund             $260,261
Contract No. 1024

Refund Queue Holder                90% Refund             $256,163
Contract No. 1005

Refund Queue Holder                90% Refund             $233,010
Contract No. 1004

Life Care St. Johns, Inc., filed a Chapter 11 petition (Bankr.
M.D. Fla. Case No. 13-04158) on July 3, 2013.  The Debtor is the
owner and operator of a continuing care retirement community known
as Glenmoor consisting of 144 independent living units located on
a 40-acre site in St. Johns County, Florida.

Bruce Jones signed the petition as CEO.  Judge Jerry A. Funk
presides over the case.  The Debtor estimated assets of at least
$10 million and debts of at least $50 million.  Stutsman Thames &
Markey, P.A., serves as the Debtor's counsel.  Navigant Capital
Advisors, LLC, acts as the Debtor's financial advisor.  American
Legal Claim Services, LLC, serves as claims and noticing agent.


LIME ENERGY: Incurs $6.7-Mil. Net Loss in First Quarter
-------------------------------------------------------
Lime Energy Co. filed with the U.S. Securities and Exchange
Commission on Aug. 9, 2013, its quarterly report on Form 10-Q,
reporting a net loss of $6.7 million on $12.0 million of revenue
for the three months ended March 31, 2013, compared with a net
loss of $4.2 million on $11.5 million of revenue for the same
period last year.

The Company's balance sheet at March 31, 2013, showed
$32.4 million in total assets, $29.6 million in total liabilities,
and stockholders' equity of $2.8 million.

BDO USA, LLP, in Chicago, in their audit report on Lime Energy's
financial statements for the year ended Dec. 31, 2012, said that
the Company's recurring losses and negative cash flow from
operations raise substantial doubt about its ability to continue
as a going concern.

A copy of the Form 10-Q is available at http://is.gd/gKAawZ

                         Explanatory Note

Lime Energy Co. previously disclosed by means of Current Reports
on Form 8-K filed on July 17, 2012, and Dec. 28, 2012, that its
consolidated financial statements for the years ended Dec. 31,
2008, 2009, 2010, and 2011, as well as its quarterly financial
statement for the three-month period ended March 31, 2012, could
no longer be relied on due to errors in recognition of revenue.

                   Background of the Restatement

Following a partial internal review of certain accounting records,
on Friday, July 13, 2012, Jeffrey Mistarz, the Company's Chief
Financial concluded that that there was preliminary evidence
suggesting that there had been misreporting of revenue from the
Company's utilities division.  At the request of Mr. Mistarz and
John O'Rourke, the Company's Chief Executive Officer, the
Company's regular outside corporate counsel immediately began a
preliminary investigation of the facts and circumstances related
to the misreporting of revenue.

On Saturday, July 14, 2012, the directors of the Company were
informed of the reasons for the internal investigation.  A meeting
of the Audit Committee was held on Sunday, July 15, 2012.  At that
meeting, the Audit Committee determined that the Company's
consolidated financial statements on Form 10-K for the periods
ended Dec. 31, 2010, and Dec. 31, 2011, and quarterly report on
Form 10-Q for the period ended March 31, 2012  could no longer be
relied upon.

On July 22, 2012, the Audit Committee met and established a
subcommittee to conduct an independent investigation of the
misreporting of revenue.  The subcommittee retained its own
independent counsel and forensic accountants.

As part of the independent investigation, limited reviews were
made of selected projects from the Company's divisions other than
the utilities division.  That review led to the discovery of
misreporting of revenues from the public sector division, and the
Company discovered evidence suggesting that there had been
misreporting of revenues in the years ended Dec. 31, 2008, and
2009.  On Dec. 21, 2012, the Audit Committee determined that the
Company's financial statements for those years could no longer be
relied on.

The independent investigation determined that the utilities and
public sector divisions did misreport revenue.  The misreporting
of revenue comprised the recognition of approximately
$17.4 million of cumulative revenue through the first quarter of
2012 in periods earlier than the period in which such revenue
should have been recognized and the recognition of approximately
$14.2 million of revenue for which there was no underlying
contract or for which the revenue recognized exceeded the amount
of the contract.  The increase in the cumulative retained deficit
through Dec. 31, 2010, resulting from these overstatements was
$2.6 million.  The requirements for recognizing all but
$500 thousand of the revenue recognized earlier than appropriate
was met as of the end of 2012.  As a result of that determination,
the Company has restated its financial statements for each of the
years 2008 through 2011 and for the first quarter of 2012.

As a result of the independent investigation, the Company has
discharged seven employees identified as having been involved in
the misreporting of revenue.

                Annual Report on Form 10-K for 2012

On July 31, 2013, Lime Energy Co. filed its annual report on Form
10-K for the year ended Dec. 31, 2012, which includes the
Company's restated financial statements for the years ended
Dec. 31, 2011.

For the year ended Dec. 31, 2012, the Company reported a net loss
of $31.8 million on $43.4 million of revenue, compared with a net
loss (As Restated) of $18.9 million on $41.9 million of revenue
for the year ended Dec. 31, 2011.

The Company's balance sheet at Dec. 31, 2012, showed $45.1 million
in total assets, $35.8 million in total liabilities, and
stockholders' equity of $9.3 million.

A copy of the Form 10-K is available at http://is.gd/sLj4En

    Restated Quarterly Report for Quarter Ended March 31, 2012

On July 31, 2013, the Company filed its quarterly report on Form
10-Q that contained the restated, unaudited financial statements
for the quarter ended March 31, 2012, along with the unaudited
financial statements for the three-month and six-month period
ended June 30, 2012, and the three month and nine month period
ended Sept. 30, 2012.

For the three month period ended March 31, 2012, the Company
reported a net loss (As Restated) of $4.2 million on $25.9 million
of revenue, compared with a net loss (As Restated) of $2.6 million
on $24.8 million of revenue of the three months ended March 31,
2011.

For the three months ended June 30, 2012, the Company reported a
net loss of $4.7 million on $21.6 million of revenue, compared
with a net loss (As Restated) of $5.0 million on $22.1 million of
revenue for the three months ended June 30, 2011.

For the three months ended Sept. 30, 2012, the Company reported a
net loss of $6.6 million on $18.2 million of revenue, compared
with a net loss (As Restated) of $1.8 million on $26.1 million of
revenue for the three months ended Sept. 30, 2011.

The Company's balance sheet at Sept. 30, 2012, showed
$52.0 million in total assets, $27.9 million in total liabilities,
and stockholders' equity of $24.1 million.

A copy of the Form 10-Q for the three months ended Sept. 30, 2012,
is available at http://is.gd/NyfQIV

                         About Lime Energy

Huntersville, N.C.-based Lime Energy Co. designing and
implementing energy efficiency programs that enable our utility
clients to reach their underserved markets and achieve their
energy reduction goals.


MARIA SEEDORFF: Obtains Student Loan Bankruptcy Discharge
---------------------------------------------------------
The United States Bankruptcy Court for the Western District of
Missouri entered an Order on May 29, 2013 approving a settlement
for a Missouri woman owing more than $400,000 in student loans.
Per the settlement the woman, Maria Seedorff, is entitled to
receive a bankruptcy discharge of up to $325,000 of student loans.

The holders of the student loan debt were Suntrust Bank and
Educational Management Corp.  Ms. Seedorff agreed to a repayment
schedule of approximately 25% of the balance over a ten (10) year
period of time.  Upon successful completion of the partial
repayment, the entire balance will be discharged.

Neil Sader and Megan Dennis of The Sader Law Firm represented Ms.
Seedorff.  Mr. Sader stated "while student loans generally are not
dischargeable in bankruptcy, there is a hardship provision which
can be used in certain deserving circumstances."  The client in
this case was 50 years old and incurred the majority of the debt
while she obtained her chiropractic degree in the1990s.  She later
incurred additional debt by trying to help her children with their
school expenses.  The pleadings also stated that she continued
with her schooling, thereby incurring more debt, in order to
increase her earnings so she could repay her loans.  Megan Dennis
stated "what set this case apart were two factors: Ms. Seedorff
could not even pay the increasing monthly interest on the balance
due and she had some physical limitations that imperiled her
future earning ability."

Ms. Seedorff was employed in a professional capacity at the time
of the filing.  Mr. Sader, who is certified as a Consumer
Bankruptcy Law specialist by the American Board of Certification,
commented "this was one of the largest student loan discharge
cases I have seen, and even heard of, in my career of almost 30
years.  It is vital to let those suffering from student loan
problems, and those that care about them, know that bankruptcy
discharges are possible in the right circumstance."

The Sader Law Firm is located in Kansas City, Missouri and
practices consumer and business bankruptcy law throughout the
states of Missouri and Kansas.  The Firm and its members are
available to answer questions about this case and other potential
cases where bankruptcy might be an answer for a student loan
problem.


METROPLAZA HOTEL: Hearing to Approve Plan Outline on Sept. 3
------------------------------------------------------------
The hearing to approve the adequacy of the Disclosure Statement
for Metroplaza Hotel, Inc., and Inn at Woodbridge, LLC's Joint
Plan of Reorganization will be held on Sept. 3, 2013, at 2:00 p.m.
Written objections to the adequacy of the Disclosure Statement
will be filed no later than 14 days prior to the hearing before
the U.S. Bankruptcy Court for the District of New Jersey, unless
otherwise directed by the Court.

The Debtors' Plan is a liquidating plan.  WBCMT 2006-C24 Wood
Avenue, LLC, the secured creditor holding the mortgaged
encumbering the Property owned by Metroplaza, will be permitted to
credit bid up to the full amount of its secured claim; or it may
set a reserve price beyond which it will not bid.  Following the
Sale and receipt of the funds the Debtors will distribute the
funds as are available to the holders of all allowed
administrative claims, priority claims and to the Township of
Woodbridge on account of its secured sewer rent lien and then turn
over to the Creditor Trustee all remaining cash, accounts
receivable, and Causes of Action.  The Creditor Trustee will
liquidate the Trust Assets and distribute them under the Plan to
holders of allowed claims.

WBCMT assets a secured claim in the Metroplaza case in the amount
of $54,562,726 and an unsecured claim in the Inn case of
$54,546,726.  The Inn disputes that WBCMT has a claim in the Inn
case and filed a motion to expunge the WBCMT claim.  Woodbridge
Township has asserted a secured claim for sewer rents in the
approximate amount of $161,979 in the Metroplaza case.   Total
scheduled or filed unsecured claims in the Metroplaza case
aggregate $400,000 inclusive of the security deposit claims.

Excluding the $54,000,000 claim asserted by WBCMT, total scheduled
or filed unsecured claims in the Inn case aggregate approximately
$470,000.  There are no secured claims against the Inn.

Below is the estimated percentage recovery of Allowed Claims and
Equity Interests under each of the Plans:

  Class   Classification                                 Recovery
  -----   --------------                                 --------
   1     Allowed Secured Claim of WBCMT in Metroplaza       100%
   2     Allowed Unsec. Claims in the Inn and Metroplaza     50%
   3     Secured Claim of the Township of Woodbridge        100%
   4     Deficiency Claim of WBMCT in Metroplaza              0%
   5     Disputed Claim of WBCMT in the Inn                   0%
   6     Debtors' Equity Holder Claims                        0%

The allowed secured claim of WBCMT is to be allowed in an agreed
upon amount.  The Debtors have proposed $40 million and are
awaiting a response from WBCMT.  If WBCMT exercises it right to
credit bid and is the successful bidder at the sale, it will upon
the closing date transfer to the Debtors by wire transfer an
agreed upon sum representing the WBCMT Carve Out (for claimants
other than WBCMT).  The parties are discussing between $750,000
and $1,000,000.

Should WBCMT elect to accept in lieu of the property, the purchase
price as tendered by a successful bidder, less the Estate Carve
Out, it will accept such cash payment in full satisfaction of its
secured claim.

WBCMT will not receive a distribution on account of its Deficiency
Claim in the Metroplaza case.

The equity holder will receive no distribution or thing of value
under the Plan if the successful bidder at the sale is WBCMT.  In
the event the successful bidder is other than WBCMT, the Debtors
will each receive a 2.5% interest in the Purchaser which interest
will be subordinate to all capital invested and loans obtained by
the Purchaser with no managerial or voting rights in the
Purchaser.  Neither of the Debtors will retain any interest in the
Excluded Assets.

                      About Metroplaza Hotel

Inn at Woodbridge, Inc., and Metroplaza Hotel, LLC, sought Chapter
11 protection (Bankr. D.N.J. Case Nos. 12-38603 and 12-38611) in
Trenton on Dec. 6, 2012.

Metroplaza Hotel disclosed assets of $36.2 million and liabilities
of $42.2 million, including $41.9 million owed to secured creditor
WBCMT 2006-C24 Wood Avenue, LLC.  Metroplaza owns an 11-story
hotel and office building on a 9.95-acre site in Iselin, New
Jersey, which is valued at $35.5 million.  The property serves as
collateral to the WBCMT debt.

David L. Bruck, Esq., at Greenbaum, Rowe, Smith & Davis LLP,
represents Inn at Woodbridge, Inc., as Chapter 11 counsel.  Joseph
DiPasquale, Esq., at Trenk, DiPasquale, Della Fera & Sodono, P.C.,
represents Metroplaza Hotel, LLC, as Chapter 11 counsel.


MILAGRO OIL: Incurs $9.3 Million Net Loss in Second Quarter
-----------------------------------------------------------
Milagro Oil & Gas, Inc., filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
a net loss available to common shareholders of $9.27 million on
$39.07 million of total revenues for the three months ended
June 30, 2013, as compared with net income available to common
shareholders of $1.01 million on $47.22 million of total revenues
for the same period last year.

For the six months ended June 30, 2013, the Company incurred a net
loss available to common shareholders of $25.94 million on $67.34
million of total revenues, as compared with a net loss available
to common shareholders of $22.21 million on $81.15 million of
total revenues for the same period a year ago.

Milagro Oil disclosed a net loss of $33.39 million in 2012, a net
loss of $23.57 million in 2011 and a net loss of $70.58 million in
2010.

As of June 30, 2013, the Company had $483.83 million in total
assets, $449.08 million in total liabilities, $236.26 million in
redeemable series A preferred stock, and a $201.51 million total
stockholders' deficit.

                         Bankruptcy Warning

"The Company is currently exploring a range of alternatives to
reduce indebtedness to the extent necessary to be in compliance
with the leverage ratio and interest coverage ratio.  Alternatives
that were considered include using cash flow from operations or
issuances of equity and debt securities, reimbursements of prior
leasing and seismic costs by third parties who participate in our
projects, and the sale of interests in projects and properties.
As another alternative, the Company has launched a private
exchange offering to exchange a portion of the Notes for equity,
cash and new notes.  If a minimum principal amount of at least
$237.5 million of the outstanding principal amount of the Notes
are not tendered (excluding any such Notes validly withdrawn) in
the Exchange Offer, the conditions to the Exchange Offer will not
have been achieved and the Company will be unable to consummate
the restructuring.  As a result, the lenders under the 2011 Credit
Facility may accelerate their debt, which would also cause a
default and acceleration of the debt under the Notes, all of which
will have a material adverse effect on our liquidity, business and
financial condition and may result in the Company's bankruptcy or
the bankruptcy of its subsidiaries," the Company said in the
Report.

A copy of the Form 10-Q is available for free at:

                         http://is.gd/PYAsiy

                          About Milagro Oil

Milagro Oil & Gas, Inc., is an independent energy company based in
Houston, Texas that is engaged in the acquisition, development,
exploitation, and production of oil and natural gas.  The
Company's historic geographic focus has been along the onshore
Gulf Coast area, primarily in Texas, Louisiana, and Mississippi.
The Company operates a significant portfolio of oil and natural
gas producing properties and mineral interests in this region and
has expanded its footprint through the acquisition and development
of additional producing or prospective properties in North Texas
and Western Oklahoma.

Deloitte & Touche LLP, in Houston, Texas, issued a "going concern"
qualification on the consolidated financial statements for the
year ended Dec. 31, 2012.  The independent auditors noted that the
Company is not in compliance with certain covenants of its 2011
Credit Facility, and all of the Company's debt is classified
within current liabilities as of Dec. 31, 2012.  The Company's
violation of its debt covenants, combined with its financing needs
and negative working capital position, raise substantial doubt
about its ability to continue as a going concern.

                         Bankruptcy Warning

"The Company is currently exploring a range of alternatives to
reduce indebtedness to the extent necessary to be in compliance
with the maximum leverage ratio.  Alternatives that were
considered include using cash flow from operations or issuances of
equity and debt securities, reimbursements of prior leasing and
seismic costs by third parties who participate in our projects,
and the sale of interests in projects and properties.  As another
alternative, the Company has recently launched a private exchange
offering to exchange a portion of the Notes for equity, cash and
new notes.  If the conditions to the Exchange Offer are not
achieved, the Company will be unable to consummate the
restructuring.  As a result, the lenders under the 2011 Credit
Facility may accelerate their debt, which would also cause a
default and acceleration of the debt under the Notes, all of which
will have a material adverse effect on our liquidity, business and
financial condition and may result in the Company's bankruptcy or
the bankruptcy of its subsidiaries."

                           *     *     *

As reported by the TCR on May 24, 2013, Standard & Poor's Ratings
Services said it lowered its corporate credit rating on Houston-
based Milagro Oil & Gas Inc. to 'CC' from 'CCC-'.

"We lowered the corporate credit and senior unsecured ratings to
'CC' to reflect the potential for a selective default on Milagro's
$250 million 10.5% senior secured notes due 2016, due to certain
aspects of the company's exchange offer that would constitute a
distressed exchange under our criteria," said Standard & Poor's
credit analyst Christine Besset.


MOSS FAMILY: Can Use Fifth Third's Cash Collateral Thru Oct. 31
---------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Indiana
signed on an agreed order extending Moss Family Limited
Partnership's use of Fifth Third Bank's cash collateral through
Oct. 31, 2013.

The Court entered the interim order with the understanding that
the Lender has not yet approved the proposed 2013 budget presented
by the Debtor, but has allowed the Debtors to operate under the
2013 Budget while the parties discuss their issues.

A further hearing on the cash collateral use will be held on Oct.
22, 2013, at 9:30 a.m.

Sheila A. Ramacci, Esq., of Freeland $ Associates, P.C., represent
the Debtors.  She can be reached at 9105 Indianapolis Blvd.,
Highland, Indiana 43622 with phone no. (219) 922-0800 and fax no.
(219) 922-1261.

Mark Adey, Esq. -- mark.adey@btlaw.com -- of Barnes & Thornburg
LLP, represents Fifth Third Bank.  He can be reached at 11 South
Merifian Street, Indianapolis, Indiana 46204-3535 with phone no.
(317) 236-1313 and fax no. (317) 231-7433.

                         About Moss Family

Moss Family Limited Partnership and Beachwalk, L.P., filed Chapter
11 petitions (Bankr. N.D. Ind. Case Nos. 12-32540 and 12-32541) on
July 17, 2012.  Judge Harry C. Dees, Jr., presides over the case.
Daniel Freeland, Esq., at Daniel L. Freeland & Associates, P.C.,
represents the Debtors.  Moss Family disclosed $6,609,576 in
assets and $6,299,851 in liabilities as of the Chapter 11 filing.


MOXIE LIBERTY: S&P Raises Prelim. Rating on $435MM Loan to 'B+'
---------------------------------------------------------------
Standard & Poor's Ratings Services said it raised its preliminary
ratings on Moxie Liberty LLC's $435 million secured term loan B-1,
$150 mil term loan B-2, and $42 million LOC facility to 'B+' from
'B'.  S&P also affirmed its preliminary '1' ratings on the debt.
The outlook is stable.

The term loan B will consist of a first-draw $435 million loan
(upsized from $358 million) and a $150 million delayed-draw loan.
The 12-month delayed-draw loan will be priced now but will carry a
2% commitment fee.  Almost $363 million in equity is cash-funded
at close.  The '1' recovery rating on the bonds indicates very
high (90% to 100%) recovery under a default scenario.  A
$119 million mezzanine debt at intermediate holding company Panda
Liberty Intermediate Holdings II LLC (Panda II) is no longer
contemplated, and it is instead replacing it with equity and
incremental proceeds from the term loan.  S&P's preliminary
ratings upgrade reflects this elimination as previously it had
analyzed the credit ratios after consolidating the debt because it
believed Panda II's debt could weigh on refinancing
considerations.

"Ratings are, however, constrained in the 'B' rating category
because of construction-related risks," said Standard & Poor's
credit analyst Aneesh Prabhu.

The project will sell capacity, energy, and ancillary services
into the PJM market.  The project cleared the 2016/2017 PJM
auction at the clearing price for the Mid-Atlantic Area Council
capacity market.

The outlook is stable and will likely remain at the current level
as the project proceeds through the construction phase.  Near-term
downside risks can emerge if the project has construction delays
that extend beyond six months.  Given S&P's current expectations
of project economics, it expects that ratings will likely improve
as the project goes into commercial operations.  S&P's base-case
estimates that trend an average of about 2.5x and minimum levels
of about 1.75x suggest that ratings can improve up to 'BB-'
(in stages) during the operations phase.  However, expected high
volatility in future cash flows and the project's single-asset
nature will likely preclude ratings higher than 'BB-'.


MOUNTAIN PROVINCE: Incurs C$6.3 Million Net Loss in 2nd Quarter
---------------------------------------------------------------
Mountain Province Diamonds Inc. filed with the U.S. Securities and
Exchange Commission its financial report for the second quarter
disclosing a net loss of C$6.32 million for the three months ended
June 30, 2013, as compared with a net loss of C$4.04 million for
the same period last year.

For the six months ended June 30, 2013, the Company incurred a net
loss of C$11.16 million as compared with a net loss of C$8.44
million for the same period a year ago.

Mountain Province disclosed a net loss of C$3.33 million for the
year ended Dec. 31, 2012, a net loss of C$11.53 million in 2011,
and a net loss of C$14.53 million in 2010.

The Company's balance sheet at June 30, 2013, showed C$86.19
million in total assets, C$9.77 million in total liabilities and
C$76.41 million in total shareholders' equity.

"The Company's primary mineral asset is in the exploration and
evaluation stage and, as a result, the Company has no source of
revenues.  In the six months ended June 30, 2013 and year ended
December 31, 2012, the Company incurred losses, and had negative
cash flows from operating activities, and will be required to
obtain additional sources of financing to complete its business
plans going into the future.  Although the Company had working
capital of $31,373,911 at June 30, 2013, including $33,845,412
cash and cash equivalents and short-term investments, the Company
has insufficient capital to finance its operations and the
Company's costs of the Gahcho Ku‚ Project (Note 7) over the next
12 months.  The Company is currently investigating various sources
of additional funding to increase the cash balances required for
ongoing operations over the foreseeable future.  These additional
sources include, but are not limited to, share offerings, private
placements, credit and debt facilities, as well as the exercise of
outstanding options.  However, there is no certainty that the
Company will be able to obtain financing from any of those
sources.  These conditions indicate the existence of a material
uncertainty that results in substantial doubt as to the Company's
ability to continue as a going concern," the Company said in the
Report.

A copy of the Report is available for free at:

                         http://is.gd/aCChTJ

                       About Mountain Province

Headquartered in Toronto, Canada, Mountain Province Diamonds Inc.
(TSX: MPV, NYSE AMEX: MDM) -- http://www.mountainprovince.com/--
is a Canadian resource company in the process of permitting and
developing a diamond deposit known as the "Gahcho Kue Project"
located in the Northwest Territories of Canada.  The Company's
primary asset is its 49 percent interest in the Gahcho Kue
Project.


NATIONAL ENVELOPE: To Sell Operating Assets to Cenveo for $25MM
---------------------------------------------------------------
John D. Oravecz, writing for Trib Total Media, reports that
National Envelope agreed on Wednesday to sell its operating
assets, including a plant in Fayette County, to competitor Cenveo
Inc., the world's largest envelope maker, for $25 million.  Both
companies have been affected by the rise of email and online bill
paying, reducing demand for paper envelopes.

According to the report, National Envelope said it reached a
definitive agreement with Stamford, Conn.-based Cenveo to sell
most of National's assets for $20 million in cash and $5 million
in stock.  A closing is subject to bankruptcy court approval,
closing conditions and is expected to occur by the end of
September.

                    About National Envelope

National Envelope is the largest privately-held manufacturer of
envelopes in North America.  Headquartered in Frisco, Texas,
National Envelope has eight plants and 15 percent of the envelope
market.  Revenue of $427 million in 2012 resulted in a $60.1
million net loss, continuing an unbroken string of losses since
2007.

NE OPCO, Inc., doing business as National Envelope, along with
affiliate NEV Credit Holdings, Inc., filed petitions seeking
relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Lead Case No. 13-11483) on June 10, 2013.

The company disclosed liabilities including $148.4 million in
secured debt, with $37.5 million owing on a revolving credit and
$15.6 million on a secured term loan.  There is a $55.7 million
second-lien debt 82 percent held by a Gores Group LLC affiliate.

National Envelope, then known as NEC Holdings Corp., first sought
Chapter 11 protection (Bankr. D. Del. Lead Case No. 10-11890) on
June 10, 2010.  The business was bought by Gores Group LLC for
$208 million in a bankruptcy sale.

National Envelope, through NE OPCO, has returned to bankruptcy to
pursue a plan of reorganization or sell the assets as a going
concern via 11 U.S.C. Sec. 363.  The Debtor plans to facilitate a
sale of the business with publicly traded competitor Cenveo Inc.

In the new Chapter 11 case, the company has tapped the law firm
Richards, Layton & Finger as counsel, PricewaterhouseCoopers LLP
as financial adviser, and Epiq Bankruptcy Solutions as claims and
notice agent.

The Gores Group is represented by Weil, Gotshal and Manges LLP and
Lowenstein Landler LLP.  Salus Capital Partners, the DIP agent, is
represented by Choate, Hall & Stewart LLP and Morris Nichols Arsht
& Tunnell LLP.   Wells Fargo Capital Finance, LLC, the prepetition
senior agent, is represented by Goldberg Kohn Ltd and DLA Piper.

The Official Committee of Unsecured Creditors is represented by
Pachulski Stang Ziehl & Jones LLP's Laura Davis Jones, Esq.,
Bradford J. Sandier, Esq., Robert J. Feinstein, Esq., and Peter J.
Keane, Esq.  Guggenheim Securities, LLC, serves as its investment
banker and financial advisor.


NATIONAL ENVELOPE: Cenveo Enters Into Agreement to Acquire Assets
-----------------------------------------------------------------
Cenveo, Inc. on Aug. 21 disclosed that it has entered into a
definitive agreement to acquire substantially all of the operating
assets of National Envelope.  In conjunction with Cenveo's
agreement, Hilco Receivables has agreed to acquire substantially
all the accounts receivable and Southern Paper has agreed to
purchase the inventory of the Company.  Cenveo's purchase price is
expected to consist of approximately $20 million of cash and $5
million of Cenveo common stock.  The closing is subject to
Bankruptcy Court approval and customary closing conditions.

Cenveo expects that the acquisition of National will deliver
approximately $300 million in incremental annual sales and $30
million of incremental EBITDA when the integration of the two
companies is complete.  Cenveo expects the acquisition will better
position it for continued revenue growth through an enhanced
portfolio of products and services, increased geographic presence,
and improved financial stability.  Cenveo also expects to benefit
from overhead cost actions and facility consolidations, as well as
implementing and investing in manufacturing efficiencies and best
practices.  The transaction is expected to enhance Cenveo's credit
profile and be accretive to earnings and cash flow per share.

"This transaction allows us to achieve our dual objectives of
expanding our leading position in the envelope market and
continuing to position us for continued growth," said Robert G.
Burton, Sr., Chairman and CEO of Cenveo.  "This transaction is
expected to benefit customers by providing a broad range of
products and services that are unparalleled in the market.  We
believe the combination is also in the mutual best interests of
both Cenveo and National, as it creates a financially stronger
company.  We look forward to a seamless integration of the
businesses and to continuing to provide the highest level of
service to customers."

National Envelope filed Chapter 11 on June 10, 2013 in order to
facilitate a sale.  Pursuant to the definitive agreements with
Cenveo and its partners, the Company will request the US
Bankruptcy Court for the District of Delaware to authorize the
Company to proceed with the sale on September 13, 2013.  Macquarie
Capital acted as Cenveo's exclusive financial advisor in
connection with the transaction.  Hughes Hubbard & Reed LLP acted
as Cenveo's legal advisor on the transaction.

National and Cenveo assure its customers that a smooth integration
is expected and that orders will continue to be produced and
shipped in the normal course of business.

                          About Cenveo

Headquartered in Stamford, Connecticut, Cenveo --
http://www.cenveo.com-- is a global provider of print and related
resources, offering world-class solutions in the areas of custom
labels, specialty packaging, envelopes, commercial print, content
management and publisher solutions.  The company provides a one-
stop offering through services ranging from design and content
management to fulfillment and distribution.

                    About National Envelope

National Envelope -- http://www.nationalenvelope.com-- is the
largest privately-help manufacturer of envelopes in North America.
Headquartered in Frisco, Texas, National Envelope has eight plants
and 15 percent of the envelope market.  Revenue of $427 million in
2012 resulted in a $60.1 million net loss, continuing an unbroken
string of losses since 2007.

NE OPCO, Inc., doing business as National Envelope, along with
affiliate NEV Credit Holdings, Inc., filed petitions seeking
relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Lead Case No. 13-11483) on June 10, 2013.

The company disclosed liabilities including $148.4 million in
secured debt, with $37.5 million owing on a revolving credit and
$15.6 million on a secured term loan.  There is a $55.7 million
second-lien debt 82 percent held by a Gores Group LLC affiliate.

National Envelope, then known as NEC Holdings Corp., first sought
Chapter 11 protection (Bankr. D. Del. Lead Case No. 10-11890) on
June 10, 2010.  The business was bought by Gores Group LLC for
$208 million in a bankruptcy sale.

National Envelope, through NE OPCO, has returned to bankruptcy to
pursue a plan of reorganization or sell the assets as a going
concern via 11 U.S.C. Sec. 363.  The Debtor plans to facilitate a
sale of the business with publicly traded competitor Cenveo Inc.

In the new Chapter 11 case, the company has tapped the law firm
Richards, Layton & Finger as counsel, PricewaterhouseCoopers LLP
as financial adviser, and Epiq Bankruptcy Solutions as claims and
notice agent.

The Gores Group is represented by Weil, Gotshal and Manges LLP and
Lowenstein Landler LLP.  Salus Capital Partners, the DIP agent, is
represented by Choate, Hall & Stewart LLP and Morris Nichols Arsht
& Tunnell LLP.   Wells Fargo Capital Finance, LLC, the prepetition
senior agent, is represented by Goldberg Kohn Ltd and DLA Piper.


NEPHROS INC: Reports $671,000 Net Loss in Second Quarter
--------------------------------------------------------
Nephros, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $671,000 on $575,000 of total net revenues for the three months
ended June 30, 2013, as compared with a net loss of $754,000 on
$302,000 of total net revenues for the same period during the
prior year.

For the six months ended June 30, 2013, the Company incurred a net
loss of $1.91 million on $1.09 million of total net revenues, as
compared with a net loss of $1.31 million on $835,000 of total net
revenues for the same period a year ago.

As of June 30, 2013, the Company had $2.88 million in total
assets, $2.04 million in total liabilities and $841,000 in total
stockholders' equity.

A copy of the Form 10-Q is available for free at:

                         http://is.gd/L8DQDe

                           About Nephros

River Edge, N.J.-based Nephros, Inc., is a commercial stage
medical device company that develops and sells high performance
liquid purification filters.  Its filters, which it calls
ultrafilters, are primarily used in dialysis centers and
healthcare facilities for the production of ultrapure water and
bicarbonate.

Rothstein Kass, in Roseland, New Jersey, expressed substantial
doubt about Nephros, Inc.'s ability to continue as a going
concern, following its audit of the Company's financial statements
for the year ended Dec. 31, 2012.  The independent auditors noted
that the Company has incurred negative cash flow from operations
and net losses since inception.


NEW YORK SKYLINE: Breached Part of Empire State Building Lease
--------------------------------------------------------------
Bankruptcy Judge Stuart M. Bernstein ruled Tuesday that:

     -- Empire State Building Company L.L.C., and Empire State
        Realty Observatory TRS, LLC, did not breach agreements
        with debtor New York Skyline, Inc., relating to the
        installation of television monitors and signage;

     -- Skyline breached the lease by (a) paying independent
        contractors on a commission basis to sell tickets to
        Skyline's attraction "of or near the Building" and (b)
        selling souvenirs that were not "readily identifiable with
        the Attraction," but did not breach the provision of the
        lease that prohibits Skyline from paying a "commission
        or other sales incentive" to its salaried employees.

This long-running dispute has already involved a separate trial on
one issue and generated three reported decisions, and went to
trial a second time on all but one of the unresolved issues.  The
remaining, discrete contract claims -- the subject of Judge
Bernstein's Aug. 20 ruling -- were tried over a two-day period and
concerned the rights of the Debtor to install television monitors
and signage and run a gift shop in the Empire State Building and
solicit business at or near the Building using salespeople who
were paid commissions or other sales incentives.

A copy of the Court's August 20, 2013 Post-Trial Findings Of Fact
And Conclusions Of Law is available at http://is.gd/nZ4wGYfrom
Leagle.com.

The case is NEW YORK SKYLINE, INC., Plaintiff, v. EMPIRE STATE
BUILDING COMPANY L.L.C., EMPIRE STATE BUILDING, INC. and EMPIRE
STATE BUILDING ASSOCIATES L.L.C. Defendants; EMPIRE STATE BUILDING
COMPANY L.L.C., and EMPIRE STATE BUILDING, INC., Plaintiffs, v.
NEW YORK SKYLINE, INC., Defendant, Adv. Proc. No. 09-01145 (SMB).,
09-01107 (SMB)(Bankr. S.D.N.Y.).

Charles A. Stewart, III, Esq., and Elin M. Frey, Esq., at Stewart
Occhipinti, LLP, in New York, represent New York Skyline, Inc.

Francine Nisim, Esq., Karen S. Frieman, Esq., and David S.
Tannenbaum, Esq., at Stern Tannenbaum & Bell LLP, in New York,
argue for Empire State Building Company L.L.C., Empire State
Realty Observatory TRS, LLC, and Empire State Building, Inc.

Manhattan-based New York Skyline, Inc. -- http://www.skyride.com/
-- operates the NYSKYRIDE attraction at the Empire State building.
The Company sought Chapter 11 protection (Bankr. S.D.N.Y. Case No.
09-10181) on Jan. 12, 2009.  Mark A. Frankel, Esq., at Backenroth
Frankel & Krinsky, LLP, assists the company in its restructuring
efforts.  The Company estimated its assets and debts between
$10 million and $50 million at the time of the filing.


NYTEX ENERGY: Incurs $576,700 Net Loss in Second Quarter
--------------------------------------------------------
NYTEX Energy Holdings Inc. filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $576,795 on $171,279 of total revenues for the three
months ended June 30, 2013, as compared with net income of
$274,697 on $1.21 million of total revenues for the same period
last year.

For the six months ended June 30, 2013, the Company reported a net
loss of $1.24 million on $620,852 of total revenues, as compared
with a net loss of $6.29 million on $2.17 million of total
revenues for the same period during the prior year.

NYTEX Energy disclosed a net loss of $5.15 million in 31, 2012, as
compared with net income of $16.75 million in 2011.

As of June 30, 2013, the Company had $8.17 million in total
assets, $2.42 million in total liabilities, $4.76 million in
mezzanine equity, and $988,479 in total stockholders' equity.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/njyZUt

                         About NYTEX Energy

Located in Dallas, Texas, Nytex Energy Holdings, Inc., is an
energy holding company with operations centralized in two
subsidiaries, Francis Drilling Fluids, Ltd. ("FDF") and NYTEX
Petroleum, Inc. ("NYTEX Petroleum").  FDF is a 35 year old full-
service provider of drilling, completion and specialized fluids
and specialty additives; technical and environmental support
services; industrial cleaning services; equipment rentals; and
transportation, handling and storage of fluids and dry products
for the oil and gas industry.  NYTEX Petroleum, Inc., is an
exploration and production company focusing on early stage
development of minor oil and gas resource plays within the United
States.


ONCURE HOLDINGS: Chapter 11 Plan of Reorganization Filed
--------------------------------------------------------
BankruptcyData reported that OnCure Holdings filed with the U.S.
Bankruptcy Court a Chapter 11 Plan of Reorganization and related
Disclosure Statement.

According to the Disclosure Statement, "The Plan contemplates
certain transactions, including, without limitation, the following
transactions: pursuant to an investment agreement dated June 22,
2013 (the 'Investment Agreement'), Radiation Therapy Services,
Inc. ("RTS") agreed to (1) buy 100% of the shares of Reorganized
HoldCo upon the Effective Date of the Plan and (2) pay $42,500,000
in cash, subject to certain adjustments, and to guarantee
$82,500,000 of the Amended Secured Notes. As of August 19, 2013,
the Investment Agreement remains subject to the approval of the
Bankruptcy Court. As of August 19, 2013, the Investment Agreement
remains subject to the approval of the Bankruptcy Court. The
Debtors are party to the Prepetition Term Loan Credit Agreement,
under which the Debtors borrowed $15,000,000 in principal amount
from the Prepetition Term Loan Lenders. The obligations arising
under the Prepetition Term Loan Credit Agreement were secured by
senior, first priority security interests in, and liens upon,
substantially all of the Debtors' assets. On June 19, 2013, the
Debtors and the DIP Facility Lenders entered into the DIP Facility
Credit Agreement and the Prepetition Term Loan Claims were
satisfied in full. HoldCo issued the Prepetition Secured Notes in
an aggregate principal amount of $210,000,000 pursuant to the
Prepetition Secured Notes Indenture. All other Debtors are
guarantors of the Prepetition Secured Notes, which are secured by
second priority security interests in, and liens upon,
substantially all of the Debtors' assets. None of the non-Debtor
Affiliates of HoldCo are obligors or guarantors under the
Prepetition Term Loan Credit Agreement or the Prepetition Secured
Notes Indenture."

The Court scheduled an October 3, 2013 hearing to consider the
Plan, and interested parties must file ballots by September 23,
2013.

                      About OnCure Holdings

Headquartered in Englewood, Colorado, OnCure Holdings, Inc. --
http://www.oncure.com/-- provides management services and
facilities to oncology physician groups throughout the country.

OnCure Holdings and its affiliates filed Chapter 11 bankruptcy
petitions (Bankr. D. Del. Case Nos. 13-11540 to 13-11562) in
Wilmington on June 14, 2013.  Bradford C. Burkett signed the
petition as CEO.

On the Petition Date, the Debtors disclosed total assets of
$179,327,000 and total debts of $250,379,000.  There's at least
$15 million owing on a first-lien term loan facility, as well as
$210 million on prepetition secured notes.

Paul E. Harner, Esq., and Keith A. Simon, Esq., at Latham &
Watkins LLP, in New York, serve as the Debtors' lead bankruptcy
counsel.  Daniel J. DeFranceschi, Esq., at Richards, Layton &
Finger P.A., in Wilmington, Delaware, serves as the Debtors' local
Delaware counsel.  Kurtzman Carson Consultants is the claims and
notice agent.  Match Point Partners LLC provides management
services to OnCure.

The Debtors have signed a deal to sell the business to Radiation
Therapy Services Holdings Inc. for $125 million, absent higher and
better offers. RTS's offer comprises $42.5 million in cash (plus
covering certain expenses and subject to certain working capital
adjustments) and up to $82.5 million in assumed debt.  Secured
noteholders are supporting the RTS deal.

Millstein & Co., Kirkland & Ellis LLP, Alvarez & Marsal and
Deloitte advise Radiation Therapy in connection with the
transaction.

Promptly before the bankruptcy filing, the Debtors entered into a
restructuring support agreement with the members of an ad hoc
committee of its secured notes, constituting 100% of the lenders
under the first lien term loan credit agreement and approximately
73% of the secured notes, pursuant to which they have agreed to
support a stand-alone restructuring of the Debtors, subject to an
auction process for a sale of substantially all of the Debtors'
assets or the equity of the reorganized Debtors pursuant to a
chapter 11 plan.

Roberta A. DeAngelis, U.S. Trustee for Region 3 notified the Court
that she was unable to appoint an official committee of unsecured
creditors due to insufficient response from creditors.


ORCHARD SUPPLY: Unit Files Schedules of Assets and Liabilities
--------------------------------------------------------------
OSH Properties LLC, a debtor affiliate of Orchard Supply Hardware
Stores Corporation, filed with the U.S. Bankruptcy Court for the
District of Delaware its schedules of assets and liabilities
disclosing the following:

                                         Assets   Liabilities
                                      ----------- -----------
A. Real Property                      $16,183,620
B. Personal Property                            0
C. Property Claimed as Exempt                 N/A
D. Creditors Holding Secured Claims                       N/A
E. Creditors Holding Unsecured                            N/A
      Priority Claims
F. Creditors Holding Unsecured                            N/A
      Non-priority Claims
                                      ----------- -----------
   TOTAL                              $16,183,620          $0

Full-text copies of the Schedules are available for free at:

     http://bankrupt.com/misc/ORCHARDSUPPLYsal0806.pdf

                      About Orchard Supply

San Jose, Cal.-based Orchard Supply Hardware Stores Corporation
operates neighborhood hardware and garden stores focused on paint,
repair and the backyard.  It was spun off from Sears Holdings
Corp. in 2012.

Orchard Supply and two affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 13-11565) on June 16 to facilitate a
restructuring of the company's balance sheet and a sale of its
assets for $205 million in cash to Lowe's Companies, Inc., absent
higher and better offers.  In addition to the $205 million cash,
Lowe's has agreed to assume payables owed to nearly all of
Orchard's supplier partners.

Bankruptcy Judge Christopher S. Sontchi oversees the case.
Michael W. Fox signed the petitions as senior vice president and
general counsel.  The Debtors disclosed total assets of
$441,028,000 and total debts of $480,144,000.

Stuart M. Brown, Esq., at DLA Piper LLP (US), in Wilmington,
Delaware; and Richard A. Chesley, Esq., Chun I. Jang, Esq., and
Daniel M. Simon, Esq., at DLA Piper LLP (US), in Chicago,
Illinois, are the Debtors' counsel.  Moelis & Company LLC serves
as the Debtors' investment banker.  FTI Consulting, Inc., serves
as the Debtors' financial advisors.  A&G Realty Partners, LLC,
serves as the Debtors' real estate advisors.  BMC Group Inc. is
the Debtors' claims and noticing agent.


ORCHARD SUPPLY: Allowed to Implement Incentive Plans
----------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware authorized
Orchard Supply Hardware Stores Corporation, et al., to implement
executive key employee incentive plan and their non-executive key
employee incentive plan.  The aggregate amount of payments due
under the executive incentive plan is $3.1 million.  All payments
under the KEIPs will be deemed administrative expense of the
Debtors' estates under Section 503(b) of the Bankruptcy Code.

                      About Orchard Supply

San Jose, Cal.-based Orchard Supply Hardware Stores Corporation
operates neighborhood hardware and garden stores focused on paint,
repair and the backyard.  It was spun off from Sears Holdings
Corp. in 2012.

Orchard Supply and two affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 13-11565) on June 16 to facilitate a
restructuring of the company's balance sheet and a sale of its
assets for $205 million in cash to Lowe's Companies, Inc., absent
higher and better offers.  In addition to the $205 million cash,
Lowe's has agreed to assume payables owed to nearly all of
Orchard's supplier partners.

Bankruptcy Judge Christopher S. Sontchi oversees the case.
Michael W. Fox signed the petitions as senior vice president and
general counsel.  The Debtors disclosed total assets of
$441,028,000 and total debts of $480,144,000.

Stuart M. Brown, Esq., at DLA Piper LLP (US), in Wilmington,
Delaware; and Richard A. Chesley, Esq., Chun I. Jang, Esq., and
Daniel M. Simon, Esq., at DLA Piper LLP (US), in Chicago,
Illinois, are the Debtors' counsel.  Moelis & Company LLC serves
as the Debtors' investment banker.  FTI Consulting, Inc., serves
as the Debtors' financial advisors.  A&G Realty Partners, LLC,
serves as the Debtors' real estate advisors.  BMC Group Inc. is
the Debtors' claims and noticing agent.


ORCHARD SUPPLY: Committee Can Retain Pachulski as Counsel
---------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware authorized
the Official Committee of Unsecured Creditors appointed in the
Chapter 11 cases of Orchard Supply Hardware Stores Corporation, et
al., to retain Pachulski Stang Ziehl & Jones LLP as counsel, nunc
pro tunc to June 26, 2013.

The professionals and paralegals presently designate to represent
the Committee and their current standard hourly rates are:

   Bradford J. Sandler, Esq.      $750
   John Fiero, Esq.               $745
   James E. O'Neill, Esq.         $695
   Karina Yee                     $295

                      About Orchard Supply

San Jose, Cal.-based Orchard Supply Hardware Stores Corporation
operates neighborhood hardware and garden stores focused on paint,
repair and the backyard.  It was spun off from Sears Holdings
Corp. in 2012.

Orchard Supply and two affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 13-11565) on June 16 to facilitate a
restructuring of the company's balance sheet and a sale of its
assets for $205 million in cash to Lowe's Companies, Inc., absent
higher and better offers.  In addition to the $205 million cash,
Lowe's has agreed to assume payables owed to nearly all of
Orchard's supplier partners.

Bankruptcy Judge Christopher S. Sontchi oversees the case.
Michael W. Fox signed the petitions as senior vice president and
general counsel.  The Debtors disclosed total assets of
$441,028,000 and total debts of $480,144,000.

Stuart M. Brown, Esq., at DLA Piper LLP (US), in Wilmington,
Delaware; and Richard A. Chesley, Esq., Chun I. Jang, Esq., and
Daniel M. Simon, Esq., at DLA Piper LLP (US), in Chicago,
Illinois, are the Debtors' counsel.  Moelis & Company LLC serves
as the Debtors' investment banker.  FTI Consulting, Inc., serves
as the Debtors' financial advisors.  A&G Realty Partners, LLC,
serves as the Debtors' real estate advisors.  BMC Group Inc. is
the Debtors' claims and noticing agent.


ORCHARD SUPPLY: Committee Can Tap Alvarez as Financial Advisors
---------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware authorized
the Official Committee of Unsecured Creditors appointed in the
Chapter 11 cases of Orchard Supply Hardware Stores Corporation, et
al., to retain Alvarez & Marsal as financial advisors, to be paid
the following hourly rates:

   Managing Directors           $625-$850
   Directors                    $475-$625
   Associates                   $350-$475
   Analysts                     $225-$350

The firm will also be reimbursed for any necessary out-of-pocket
expenses.

                      About Orchard Supply

San Jose, Cal.-based Orchard Supply Hardware Stores Corporation
operates neighborhood hardware and garden stores focused on paint,
repair and the backyard.  It was spun off from Sears Holdings
Corp. in 2012.

Orchard Supply and two affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 13-11565) on June 16 to facilitate a
restructuring of the company's balance sheet and a sale of its
assets for $205 million in cash to Lowe's Companies, Inc., absent
higher and better offers.  In addition to the $205 million cash,
Lowe's has agreed to assume payables owed to nearly all of
Orchard's supplier partners.

Bankruptcy Judge Christopher S. Sontchi oversees the case.
Michael W. Fox signed the petitions as senior vice president and
general counsel.  The Debtors disclosed total assets of
$441,028,000 and total debts of $480,144,000.

Stuart M. Brown, Esq., at DLA Piper LLP (US), in Wilmington,
Delaware; and Richard A. Chesley, Esq., Chun I. Jang, Esq., and
Daniel M. Simon, Esq., at DLA Piper LLP (US), in Chicago,
Illinois, are the Debtors' counsel.  Moelis & Company LLC serves
as the Debtors' investment banker.  FTI Consulting, Inc., serves
as the Debtors' financial advisors.  A&G Realty Partners, LLC,
serves as the Debtors' real estate advisors.  BMC Group Inc. is
the Debtors' claims and noticing agent.


ORECK CORP: Wants to Employ AAC Consulting to Provide Tax Services
------------------------------------------------------------------
Oreck Corporation, et al., ask the U.S. Bankruptcy Court for the
Middle District of Tennessee for authority to employ AAC
Consulting, LLC, to provide tax services, including compilation
and filing of federal and state tax returns, for the Debtors.

The hearing on the Motion is scheduled for Sept. 17, 2013, at 9:00
a.m.

To the best of the Debtors' knowledge, AAC and Allison Civello,
the sole member of AAC, are both "disinterested" persons under the
Bankruptcy Code.

The Debtors propose to compensate AAC $60,000 for each filing
period ($120,000 total), 50% to be paid in advance, 25% to be paid
at the completion of the fiscal 2013 tax returns, and 25% to be
paid at the completion of the fiscal 2014 tax returns.

The objection deadline is Sept. 3, 2013.

                        About Oreck Corp.

Oreck Corporation and eight affiliates sought Chapter 11
protection (Bankr. M.D. Tenn. Lead Case No. 13-04006) in
Nashville, Tennessee, on May 6, 2013, with plans to sell the
business as a going concern.

Oreck has been in the business of manufacturing, marketing and
selling vacuum cleaners and related products since the late 1960s.
The corporate offices are located in Nashville, and the
manufacturing and call center is located in Cookeville, Tennessee.

Oreck has 70 employees in Nashville, 250 employees at its plant in
Cookeville and 325 employees operating 96 company-owned and
managed retail stores.  The Debtor disclosed $18,013,249 in assets
and $14,932,841 plus an unknown amount in liabilities as of the
Chapter 11 filing.

William L. Norton III, Esq., and Alexandra E. Dugan, Esq., at
Bradley Arant Boult Cummings LLP, serve as counsel to the Debtor.
BMC Group Inc. is the claims and notice agent. Sawaya Segalas &
Co., LLC serves as financial advisor.

The U.S. Trustee appointed six creditors to the Official Committee
of Unsecured Creditors.  Daniel H. Puryear, Esq., at Puryear Law
Group, and Sharon L. Levine, Esq., and Kenneth A. Rosen, Esq., at
Lowenstein Sandler LLP represent the Committee.  The Committee
tapped to retain Gavin/Solmonese LLC as its financial advisor.

In July 2013, Royal Appliance Mfg. Co. (RAM), a subsidiary of the
TTI Group, finalized the purchase of Oreck Corp.'s assets.  The
Bankruptcy Court approved the sale on July 16, 2013.

Royal, the maker of Dirt Devil floor-care products, won the
auction for Oreck Corp.  The second-place bidder was the Oreck
family, which sold the business in a $272 million transaction in
2003.  The Oreck family made the first bid at auction at $21.9
million, including $14.5 million cash.

The terms of Royal's winning bid weren't disclosed publicly,
according to a Bloomberg News report.  Royal was acquired in 2003
by Hong Kong-based Techtronic Industries Co., the maker of Hoover
vacuum cleaners.


ORECK CORP: Can Employ Deloitte Tax as Tax Advisory Consultant
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Tennessee
authorized Oreck Corporation, et al., to employ Deloitte Tax LLP
as the Debtors' tax advisory consultant, effective as of the
filing of the bankruptcy petition.

As reported in the TCR on July 11, the current rate for the
services of Stephen C. Harrison, the Deloitte partner that will be
the Debtors' main contact, is $635 per hour.  The rate for other
members in the firm who may work on these matters ranges from $280
to $565 depending on the services required and the persons
necessary to perform them.

                        About Oreck Corp.

Oreck Corporation and eight affiliates sought Chapter 11
protection (Bankr. M.D. Tenn. Lead Case No. 13-04006) in
Nashville, Tennessee, on May 6, 2013, with plans to sell the
business as a going concern.

Oreck has been in the business of manufacturing, marketing and
selling vacuum cleaners and related products since the late 1960s.
The corporate offices are located in Nashville, and the
manufacturing and call center is located in Cookeville, Tennessee.

Oreck has 70 employees in Nashville, 250 employees at its plant in
Cookeville and 325 employees operating 96 company-owned and
managed retail stores.  The Debtor disclosed $18,013,249 in assets
and $14,932,841 plus an unknown amount in liabilities as of the
Chapter 11 filing.

William L. Norton III, Esq., and Alexandra E. Dugan, Esq., at
Bradley Arant Boult Cummings LLP, serve as counsel to the Debtor.
BMC Group Inc. is the claims and notice agent. Sawaya Segalas &
Co., LLC serves as financial advisor.

The U.S. Trustee appointed six creditors to the Official Committee
of Unsecured Creditors.  Daniel H. Puryear, Esq., at Puryear Law
Group, and Sharon L. Levine, Esq., and Kenneth A. Rosen, Esq., at
Lowenstein Sandler LLP represent the Committee.  The Committee
tapped to retain Gavin/Solmonese LLC as its financial advisor.

In July 2013, Royal Appliance Mfg. Co. (RAM), a subsidiary of the
TTI Group, finalized the purchase of Oreck Corp.'s assets.  The
Bankruptcy Court approved the sale on July 16, 2013.

Royal, the maker of Dirt Devil floor-care products, won the
auction for Oreck Corp.  The second-place bidder was the Oreck
family, which sold the business in a $272 million transaction in
2003.  The Oreck family made the first bid at auction at $21.9
million, including $14.5 million cash.

The terms of Royal's winning bid weren't disclosed publicly,
according to a Bloomberg News report.  Royal was acquired in 2003
by Hong Kong-based Techtronic Industries Co., the maker of Hoover
vacuum cleaners.


OVERSEAS SHIPHOLDING: US Bank Balks at Exclusivity Extension Bid
----------------------------------------------------------------
Law360 reported that the leader of a group that is the largest
creditor in the Overseas Shipholding Group Inc. bankruptcy case
took issue with the company's request to extend the time it can
exclusively file a Chapter 11 plan, arguing a four-month delay
will only heap on more costs.

According to the report, U.S. Bank NA, which leads a lending group
owed $1.5 billion, contends that all of the major roadblocks for
the New York-based oil tanker giant to negotiate with its
creditors have been removed since filing for bankruptcy
protection.

As previously reported by The Troubled Company Reporter, Overseas
Shipholding seeks a four-month extension until Nov. 30 of its
exclusive right to file a reorganization plan.  There will be a
hearing on Aug. 26 for the bankruptcy judge in Delaware to
consider the motion.

OSG is working on pro-forma financial statements that could be a
precursor to splitting off its U.S.-only fleet into a separate
company in connection with a Chapter 11 reorganization begun in
November.

                   About Overseas Shipholding

Overseas Shipholding Group, Inc., headquartered in New York, is
one of the largest publicly traded tanker companies in the world,
engaged primarily in the ocean transportation of crude oil and
petroleum products.  OSG owns or operates 111 vessels that
transport oil and petroleum products throughout the world.

Overseas Shipholding Group and 180 affiliates filed voluntary
Chapter 11 petitions (Bankr. D. Del. Lead Case No. 12-20000) on
Nov. 14, 2012, disclosing $4.15 billion in assets and $2.67
billion in liabilities.  Greylock Partners LLC Chief Executive
John Ray serves as chief reorganization officer.  James L.
Bromley, Esq., and Luke A. Barefoot, Esq., at Cleary Gottlieb
Steen & Hamilton LLP serve as OSG's Chapter 11 counsel.  Derek C.
Abbott, Esq., Daniel B. Butz, Esq., and William M. Alleman, Jr.,
at Morris, Nichols, Arsht & Tunnell LLP, serve as local counsel.
Chilmark Partners LLC serves as financial adviser.  Kurtzman
Carson Consultants LLC is the claims and notice agent.

The Export-Import Bank of China, owed $312 million used for the
construction of five tankers, is represented by Louis R. Strubeck,
Jr., Esq., and Kristian W. Gluck, Esq., at Fulbright & Jaworski
LLP in Dallas; David L. Barrack, Esq., and Beret Flom, Esq., at
Fulbright & Jaworski in New York; and John Knight, Esq., and
Christopher Samis, Esq., at Richards Layton & Finger PA.  Chilmark
Partners, LLC serves as financial and restructuring advisor.

Akin Gump Strauss Hauer & Feld LLP, and Pepper Hamilton LLP, serve
as co-counsel to the official committee of unsecured creditors.
FTI Consulting, Inc., is the financial advisor and Houlihan Lokey
Capital, Inc., is the investment banker.


PACIFIC GOLD: Incurs $515,000 Net Loss in Second Quarter
--------------------------------------------------------
Pacific Gold Corp. filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $515,379 on $0 of total revenue for the three months ended
June 30, 2013, as compared with a net loss of $1.76 million on
$31,375 of total revenue for the same period during the prior
year.

For the six months ended June 30, 2013, the Company incurred a net
loss of $736,264 on $0 of total revenue, as compared with a net
loss of $3.14 million on $78,658 of total revenue for the same
period a year ago.

As of June 30, 2013, the Company had $1.39 million in total
assets, $4.30 million in total liabilities and a $2.91 million
total stockholders' deficit.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/5oPakM

                         About Pacific Gold

Las Vegas, Nev.-based Pacific Gold Corp. is engaged in the
identification, acquisition, and development of prospects believed
to have gold mineralization.  Pacific Gold through its
subsidiaries currently owns claims, property and leases in Nevada
and Colorado.

Pacific Gold diclosed a net loss of $16.62 million in 2012, as
compared with a net loss of $1.38 million in 2011.

Silberstein Ungar, PLLC, in Bingham Farms, Michigan, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2012.  The independent
auditors noted that the Company has incurred losses from
operations, has negative working capital and is in need of
additional capital to grow its operations so that it can become
profitable.  These factors raise substantial doubt about the
Company's ability to continue as a going concern.


PACIFIC THOMAS: Plan Outline Hearing Moved to Sept. 19
------------------------------------------------------
The hearing for the approval of Pacific Thomas Corporation's First
Amended Disclosure Statement describing its First Amended Plan of
Reorganization has been continued to Sept. 19, 2013 at 10:30 a.m.

As reported by The Troubled Company Reporter on July 25, 2013,
Pacific Thomas amended the Disclosure Statement to address
objections raised by two secured creditors -- Private Mortgage
Fund LLC and Summit Bank.  The Disclosure Statement dated July 11,
2013, reveals that the Plan proposes a restructuring plan with a
refinance or sale within 60 months.  The Debtor seeks to
accomplish payments under the Plan by restructuring notes secured
by real property of the estate held by Summit Bank, Bank of the
West, Jacol, and Private Mortgage, by restructuring notes secured
by personal property and real property of the estate, by
restructuring liens levied by the real estate taxing authorities,
and by a full payoff off all secured and general unsecured
creditors within sixty months.  The secured creditors as well as
the general unsecured creditors of the estate will be paid the
present value of their claim at a market interest rate over a 60-
month period through net income generated from the Pacific Thomas
Properties and/or through a refinance or sale of the Pacific
Thomas Properties.  A full-text copy of the Amended Disclosure
Statement is available for free at:

         http://bankrupt.com/misc/PACIFICTHOMASds0711.pdf

                   About Pacific Thomas Corp.

Walnut Creek, California, Pacific Thomas Corporation filed a
Chapter 11 petition (Bankr. N.D. Cal. Case No. 12-46534) in
Oakland on Aug. 6, 2012, estimating in excess of $10 million in
assets and liabilities.

The Debtor is related to Pacific Thomas Capital, which specializes
in real estate services, focusing on the investment, ownership and
development of commercial real estate properties, according to
http://www.pacificthomas.com/ Real estate activities has spanned
throughout the Hawaiian Islands as well as U.S. West Coast
locations in California, Nevada, Arizona and Utah.  Hawaii based
activities are managed under the name Thomas Capital Investments.

Bankruptcy Judge M. Elaine Hammond presides over the case.  Anne-
Leith Matlock, Esq., at Matlock Law Group, P.C., serves as general
counsel.  The petition was signed by Jill V. Worsley, COO,
secretary.  Kyle Everett was named Chapter 11 Trustee of the
Debtor.

In its schedules, the Debtor disclosed $19,960,679 in assets and
$16,482,475 in liabilities as of the petition date.


PACIFIC THOMAS: Bank of The West Opposes Plan Outline Approval
--------------------------------------------------------------
Bank of The West filed court papers in the first week of August,
articulating its objection to the approval of the First Amended
Disclosure Statement in support of the First Amended Plan of
Reorganization of Pacific Thomas Corporation.

Bank of The West asserted a secured claim against the Debtor
pursuant to certain loan documents in the amount of $3,237,845,
plus additional interest, plus attorneys' fees and costs and other
amounts due under the Loan Documents.

Bank of The West complains that the Amended Disclosure Statement
lacks adequate information.  Among other things, the Bank argues
that:

   -- the events leading to the bankruptcy filing disclosed by the
      Debtor are lacking;

   -- no detailed explanation is disclosed of how the Debtor's
      asets are valued;

   -- the Disclosure Statement makes no mention of the Swap
      Documents and does not take into account the payment due
      from the Debtor;

   -- the liquidation analysis provided is insufficient;

The Bank adds that the Amended Plan is unconfirmable on its face
as it does not provide adequate means for implementation, is not
feasible and is not fair and equitable with respect to BOW's Class
2 claim.

Attorneys for the Bank of The West are:

          JEFFER, MANGELS, BUTLER & MITCHELL LLP
          Robert B. Kaplan, Esq.
          Walter W. Gouldsbury III, Esq.
          Two Embarcadero Cener, Fifth Floor
          San Francisco, California 94111-3813
          Tel No: (415) 398-8080
          Fax No: (415) 398-5584

                    About Pacific Thomas Corp.

Walnut Creek, California, Pacific Thomas Corporation filed a
Chapter 11 petition (Bankr. N.D. Cal. Case No. 12-46534) in
Oakland on Aug. 6, 2012, estimating in excess of $10 million in
assets and liabilities.

The Debtor is related to Pacific Thomas Capital, which specializes
in real estate services, focusing on the investment, ownership and
development of commercial real estate properties, according to
http://www.pacificthomas.com/ Real estate activities has spanned
throughout the Hawaiian Islands as well as U.S. West Coast
locations in California, Nevada, Arizona and Utah.  Hawaii based
activities are managed under the name Thomas Capital Investments.

Bankruptcy Judge M. Elaine Hammond presides over the case.  Anne-
Leith Matlock, Esq., at Matlock Law Group, P.C., serves as general
counsel.  The petition was signed by Jill V. Worsley, COO,
secretary.  Kyle Everett was named Chapter 11 Trustee of the
Debtor.

In its schedules, the Debtor disclosed $19,960,679 in assets and
$16,482,475 in liabilities as of the petition date.


PATRIOT COAL: Bankruptcy Judge Approves Deal with Miners' Union
---------------------------------------------------------------
The Associated Press reported that Patriot Coal Corp. got a
bankruptcy judge's go-ahead to enter into a new labor agreement
with the nation's biggest miners' union, ending a long,
acrimonious dispute the company had worried would push into
liquidation.

According to the report, U.S. Bankruptcy Judge Kathy Surratt-
States granted St. Louis-based Patriot's request to put in place
the collective bargaining deal ratified by some 85 percent of
United Mine Workers of America members who cast ballots on the
proposal last Friday. Some 1,800 current or laid-off Patriot
workers in West Virginia and Kentucky were eligible to vote.

The settlement restores most wage cuts Patriot had sought as part
of its efforts to emerge from bankruptcy protection, the report
related.  Pension benefits for thousands of retirees also will be
maintained, and active employees will continue earning pension
credit as part of the deal Patriot said will save $130 million a
year over the next several years.

Cecil Roberts, the union's national president, celebrated the
development involving the settlement he said "we worked long and
hard to reach with Patriot Coal." Those talks intensified after
July 1, when Patriot enacted cuts Surratt-States ruled in May the
company could impose in abandoning its collective-bargaining
agreements with the union.

"The terms and conditions of this settlement are a significant
improvement over the company's original proposals, while still
giving Patriot the stability and certainty it needs to move
forward," Roberts added in a statement, the report cited.  "There
is still a long way to go, however, before retired mine workers
receive all of the health care benefits they earned during their
years in the mines."

                       Creditors Committee

The Official Committee of Unsecured Creditors supported the
Debtors' entry into new Collective Bargaining Agreements and
Memorandum of Understanding with the United Mine Workers of
America, subject to the reservation of rights of the Committee and
all unsecured creditors with respect to any issues that may arise
in connection with confirmation of a plan of reorganization.

U.S. Bank National Association, as indenture trustee with respect
to the 3.25% Convertible Senior Notes due 2013 in the aggregate
principal amount of $200,000,000, issued pursuant to that certain
Indenture, dated as of May 28, 2008, between Patriot Coal
Corporation and the Trustee, supports a consensual resolution of
the 1113/1114 Motion as an effort that presumably will move these
bankruptcy cases forward.  "However, the Trustee takes no
position on the substance of the 1113/1114 Settlement Motion and
the issues raised therein," the Trustee tells the Bankruptcy
Court.

The Trustee related: "The Trustee files this response to renew its
consistent position that to the extent that any order on the
relief requested in the 1113/1114 Settlement Motion should avoid
directly or indirectly any ruling on the substantive consolidation
or non-consolidation of the Debtors' estates or the allowance or
disallowance of intercompany claims.  Any such determinations
should be made by this Court only after appropriate disclosure to
and an opportunity to be heard from all creditors of these
estates, including the holders of the Notes, under the safeguards
of a confirmation process pursuant to sections 1125, 1126, 1129
and other applicable provisions of the Bankruptcy Code.
Therefore, the Trustee respectfully requests that the Court
refrain from entering any order on the 1113/1114 Settlement Motion
that has a preclusive effect on the substantive consolidation or
non-consolidation of the Debtors estates, the allowance or
disallowance of intercompany claims, or other plan of
reorganization issues.  With respect to all other issues raised in
the 1113/1114 Settlement Motion, the Trustee takes no position."

As reported in the TCR on Aug. 16, the Debtors and the UMWA, as
the representative of the UMWA Employees under the Existing CBAs,
reached negotiated resolutions on modifications to the Existing
CBAs, as set forth in the New CBAs and the MOU (together, the
"1113 Settlement"), and the Debtors and the UMWA, in its capacity
as the authorized representative of the UMWA Retirees, reached
negotiated resolutions on modifications to the Retiree Benefits,
as set forth in Article XX of the New CBAs and the MOU
(collectively, the "1114 Settlement").

A brief summary of the key terms of the 1113 Settlement and a
brief summary of the 1114 Settlement are found in pages 6 through
17 of the Motion, a copy of which is available at:

         http://bankrupt.com/misc/patriotcoal.doc4460.pdf

United Mine Workers of America filed Wednesday a Joinder in the
motion of the Debtors seeking approval of new CBAs and the MOU.

                        About Patriot Coal

St. Louis-based Patriot Coal Corporation (NYSE: PCX) is a producer
and marketer of coal in the eastern United States, with 13 active
mining complexes in Appalachia and the Illinois Basin.  The
Company ships to domestic and international electricity
generators, industrial users and metallurgical coal customers, and
controls roughly 1.9 billion tons of proven and probable coal
reserves.

Patriot Coal and nearly 100 affiliates filed voluntary Chapter 11
petitions in U.S. bankruptcy court in Manhattan (Bankr. S.D.N.Y.
Lead Case No. 12-12900) on July 9, 2012.  Patriot said it had
$3.57 billion of assets and $3.07 billion of debts, and has
arranged $802 million of financing to continue operations during
the reorganization.

Davis Polk & Wardwell LLP serves as lead restructuring counsel.
Bryan Cave LLP serves as local counsel to the Debtors.  Blackstone
Advisory Partners LP is serving as financial advisor, and AP
Services, LLC is providing interim management services to Patriot
in connection with the reorganization.  Ted Stenger, a Managing
Director at AlixPartners LLP, the parent company of AP Services,
has been named Chief Restructuring Officer of Patriot, reporting
to the Chairman and CEO.  GCG, Inc. serves as claims and noticing
agent.

The U.S. Trustee appointed a seven-member creditors committee.
Kramer Levin Naftalis & Frankel LLP serves as its counsel.
HoulihanLokey Capital, Inc., serves as its financial advisor and
investment banker.  Epiq Bankruptcy Solutions, LLC, serves as its
information agent.

On Nov. 27, 2012, the New York bankruptcy judge moved Patriot's
bankruptcy case to St. Louis.  The order formally sending the
reorganization to Missouri was signed December 19 by the
bankruptcy judge.  The New York Judge in a Jan. 23, 2013 order
denied motions to transfer the venue to the U.S. Bankruptcy Court
for the Southern District of West Virginia.


PATRIOT COAL: Welcomes Bankruptcy Appellate Panel Ruling
--------------------------------------------------------
Patriot Coal Corporation on Aug. 21 issued the following statement
regarding the Bankruptcy Appellate Panel's decision.

"We are pleased that the Bankruptcy Appellate Panel has found
Peabody Energy Corporation responsible for healthcare benefits it
assumed at the time of the spin-off of Patriot.  The appellate
court adopted the position that Patriot has advocated all along --
Peabody should not be permitted to use Patriot's bankruptcy to
escape its healthcare obligations to thousands of retirees," said
Patriot President and Chief Executive Officer Bennett K. Hatfield.

"Patriot remains committed to a fair outcome for our stakeholders,
while securing the necessary savings to successfully emerge as a
long-term coal producer," concluded Mr. Hatfield.  "The decision
of the Bankruptcy Appellate Panel is a welcome development that
will help Patriot achieve these goals."

                        About Patriot Coal

St. Louis-based Patriot Coal Corporation (NYSE: PCX) is a producer
and marketer of coal in the eastern United States, with 13 active
mining complexes in Appalachia and the Illinois Basin.  The
Company ships to domestic and international electricity
generators, industrial users and metallurgical coal customers, and
controls roughly 1.9 billion tons of proven and probable coal
reserves.

Patriot Coal and nearly 100 affiliates filed voluntary Chapter 11
petitions in U.S. bankruptcy court in Manhattan (Bankr. S.D.N.Y.
Lead Case No. 12-12900) on July 9, 2012.  Patriot said it had
$3.57 billion of assets and $3.07 billion of debts, and has
arranged $802 million of financing to continue operations during
the reorganization.

Davis Polk & Wardwell LLP serves as lead restructuring counsel.
Bryan Cave LLP serves as local counsel to the Debtors.  Blackstone
Advisory Partners LP is serving as financial advisor, and AP
Services, LLC is providing interim management services to Patriot
in connection with the reorganization.  Ted Stenger, a Managing
Director at AlixPartners LLP, the parent company of AP Services,
has been named Chief Restructuring Officer of Patriot, reporting
to the Chairman and CEO.  GCG, Inc. serves as claims and noticing
agent.

The U.S. Trustee appointed a seven-member creditors committee.
Kramer Levin Naftalis & Frankel LLP serves as its counsel.
HoulihanLokey Capital, Inc., serves as its financial advisor and
investment banker.  Epiq Bankruptcy Solutions, LLC, serves as its
information agent.

On Nov. 27, 2012, the New York bankruptcy judge moved Patriot's
bankruptcy case to St. Louis.  The order formally sending the
reorganization to Missouri was signed December 19 by the
bankruptcy judge.  The New York Judge in a Jan. 23, 2013 order
denied motions to transfer the venue to the U.S. Bankruptcy Court
for the Southern District of West Virginia.


PATRIOT COAL: Peabody Praises Bankruptcy Appellate Panel Ruling
---------------------------------------------------------------
Peabody Energy is pleased with Wednesday's ruling by the Eighth
Circuit Bankruptcy Appellate Panel on Patriot Coal's bankruptcy.
The court said that Peabody was obligated to make payments (that
have been consistently paid) until such time as a new labor
agreement was approved between Patriot and the UMWA.

The Panel did not rule on how Peabody's level of funding would be
determined with this new agreement in place: "We are not concerned
with, and express no opinion on, what effect a new labor agreement
would have on Peabody Holding's obligation to the assumed
retirees."

Now that a new labor agreement has been approved, the provisions
of the contract with Patriot will apply and any future funding
levels are yet to be determined.

                        About Patriot Coal

St. Louis-based Patriot Coal Corporation (NYSE: PCX) is a producer
and marketer of coal in the eastern United States, with 13 active
mining complexes in Appalachia and the Illinois Basin.  The
Company ships to domestic and international electricity
generators, industrial users and metallurgical coal customers, and
controls roughly 1.9 billion tons of proven and probable coal
reserves.

Patriot Coal and nearly 100 affiliates filed voluntary Chapter 11
petitions in U.S. bankruptcy court in Manhattan (Bankr. S.D.N.Y.
Lead Case No. 12-12900) on July 9, 2012.  Patriot said it had
$3.57 billion of assets and $3.07 billion of debts, and has
arranged $802 million of financing to continue operations during
the reorganization.

Davis Polk & Wardwell LLP serves as lead restructuring counsel.
Bryan Cave LLP serves as local counsel to the Debtors.  Blackstone
Advisory Partners LP is serving as financial advisor, and AP
Services, LLC is providing interim management services to Patriot
in connection with the reorganization.  Ted Stenger, a Managing
Director at AlixPartners LLP, the parent company of AP Services,
has been named Chief Restructuring Officer of Patriot, reporting
to the Chairman and CEO.  GCG, Inc. serves as claims and noticing
agent.

The U.S. Trustee appointed a seven-member creditors committee.
Kramer Levin Naftalis & Frankel LLP serves as its counsel.
HoulihanLokey Capital, Inc., serves as its financial advisor and
investment banker.  Epiq Bankruptcy Solutions, LLC, serves as its
information agent.

On Nov. 27, 2012, the New York bankruptcy judge moved Patriot's
bankruptcy case to St. Louis.  The order formally sending the
reorganization to Missouri was signed December 19 by the
bankruptcy judge.  The New York Judge in a Jan. 23, 2013 order
denied motions to transfer the venue to the U.S. Bankruptcy Court
for the Southern District of West Virginia.


PENINSULA HOSPITAL: Trustee Can Use Cash Collateral Until Sept. 30
------------------------------------------------------------------
The Hon. Elizabeth S. Stong of the U.S. Bankruptcy Court for the
Eastern District of New York, in a Fifteenth Interim Order,
authorized Lori Lapin Jones, as Chapter 11 trustee for Peninsula
Hospital Center, et al., to use the cash collateral of the 1199
Funds in connection with the wind down of PHC, until Sept. 30,
2013.

The Trustee is authorized to use tge cash collateral of the 1199
Funds and Revival Funding Co., LLC, in connection with the
ordinary course operations through Sept. 30, 2013.

Pursuant to the Fifteenth Interim Order, the Trustee and the 1199
Funds agree that the Trustee Fee Additional Carveout will be
increased by $150,000 to an amount of up to $650,000.

A copy of the Fifteenth Interim Order is available at:

         http://bankrupt.com/misc/peninsulahospital.doc1064.pdf

                    About Peninsula Hospital

Wayne S. Dodakian, Vinod Sinha, and Shannon Gerardi filed an
involuntary Chapter 11 bankruptcy protection against Peninsula
Hospital Center -- http://www.peninsulahospital.org/-- (Bankr.
E.D.N.Y. Case No. 11-47056) on Aug. 16, 2011.  Judge Elizabeth S.
Stong presides over the case.  Marilyn Cowhey Macron, Esq., at
Macron & Cowhey, represents the petitioners.

Peninsula Hospital Center and Peninsula General Nursing Home
Corp., employed Alvarez & Marsal Healthcare Industry Group, LLC,
as financial advisors.  The Hospital employed Abrams Fensterman,
et al., as their attorneys.  Nixon Peabody served as their special
counsel; GCG, Inc., serves as claims and noticing agent.

Judge Stong appointed Daniel T. McMurray at Focus Management Group
as patient care ombudsman.  Neubert, Pepe & Monteith P.C. serves
as PCO's counsel.  In April 2013, the bankruptcy court discharged
Daniel T. McMurray from his duties and responsibilities as patient
care ombudsman.

Richard J. McCord, Esq., was appointed by the Court as examiner in
the Debtors' cases.  His task was to conduct an investigation of
the Debtors' relationship and transactions with Revival Home
Health Care, Revival Acquisitions Group LLC, Revival Funding Co.
LLC, and any affiliates.  Certilman Balin, & Hyman, LLP, which
counts Mr. McCord as one of the firm's members, served as counsel
for the Examiner.

CBIZ Accounting, Tax & Advisory of New York, LLC and CBIZ, Inc.,
serve as financial advisors for the Official Committee of
Unsecured Creditors.  Robert M. Hirsh, Esq., at Arent Fox LLP, in
New York, N.Y., represents the Committee as counsel.

At the behest of the U.S. Trustee, Lori Lapin Jones, Esq. --
ljones@jonespllc.com -- was named Chapter 11 Trustee in
March 2012, replacing Todd Miller, the Debtors' Chief Executive
Officer.  The Chapter 11 trustee is represented by LaMonica Herbst
& Maniscalco LLP as her counsel.

Storch Amini & Munves, PC, serves as the Chapter 11 Trustee's
special counsel in connection with her investigation of the
Debtors.  She obtained approval to employ Garfunkel Wild, P.C., as
her special health care, regulatory, corporate, finance and
litigation counsel; and Foy Advisors LLC as consultant.


PENINSULA HOSPITAL: Trustee Can Employ G. Messer as Plan Fiduciary
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of New York
authorized Lapin Jones, as Chapter 11 Trustee of the estates of
Peninsula Hospital Center, et al., to employ (I) Gregory Messer as
an independent fiduciary for the Debtors' 403(b) tax deferred
retirement plan; and (II) Northeast Retirement Services, Inc., as
the replacement plan administrator of the Debtors' 403(b) tax
deferred retirement plan.

The Trustee is authorized to segregate from the Plan Assets the
sum of $50,000 in a segregated Trustee account, which the Trustee
is authorized to pay to Plan Fiduciary and the Plan Administrator
without further Order of the Court as follows: (i) $10,000 to the
Plan Fiduciary upon the entry of this Order; (ii) $15,000 to the
Plan Administrator upon the entry of this Order; (iii) $10,000 to
the Plan Fiduciary upon the completion of his responsibilities;
(vi) $15,000.00 to the Plan Administrator upon the completion
of its responsibilities.

The $50,000 to be segregated is without prejudice to payment from
Plan Assets, as may be permitted under the Plan, of further funds
to administer the Plan and to pay the fees of the Plan
termination.

As reported in the TCR on June 18, the responsibilities of the
Plan Fiduciary will include, as necessary, amending or modifying
the Plan, terminating the Plan, signing and approving the forms
for filing with the Internal Revenue Service, and coordinating
with NRS.

Mr. Messer will also be among those communicating with employees,
if needed.  In addition, Mr. Messer will address Plan issues as
they arise including any issues with respect to the underfunding.

The Chapter 11 Trustee proposes that Mr. Messer be compensated
from the Plan Assets in the amount of $20,000, plus reimbursement
of any out-of-pocket expenses (e.g., copying and postage, premiums
on insurance coverage).

NRS will review all current Plan documents to ensure that the Plan
is in full compliance with current regulations.

The Chapter 11 Trustee proposes that NRS be compensated from the
Plan Assets in the amount of $30,000, plus reimbursement of any
out-of-pocket expenses.

                    About Peninsula Hospital

Wayne S. Dodakian, Vinod Sinha, and Shannon Gerardi filed an
involuntary Chapter 11 bankruptcy protection against Peninsula
Hospital Center -- http://www.peninsulahospital.org/-- (Bankr.
E.D.N.Y. Case No. 11-47056) on Aug. 16, 2011.  Judge Elizabeth S.
Stong presides over the case.  Marilyn Cowhey Macron, Esq., at
Macron & Cowhey, represents the petitioners.

Peninsula Hospital Center and Peninsula General Nursing Home
Corp., employed Alvarez & Marsal Healthcare Industry Group, LLC,
as financial advisors.  The Hospital employed Abrams Fensterman,
et al., as their attorneys.  Nixon Peabody served as their special
counsel; GCG, Inc., serves as claims and noticing agent.

Judge Stong appointed Daniel T. McMurray at Focus Management Group
as patient care ombudsman.  Neubert, Pepe & Monteith P.C. serves
as PCO's counsel.  In April 2013, the bankruptcy court discharged
Daniel T. McMurray from his duties and responsibilities as patient
care ombudsman.

Richard J. McCord, Esq., was appointed by the Court as examiner in
the Debtors' cases.  His task was to conduct an investigation of
the Debtors' relationship and transactions with Revival Home
Health Care, Revival Acquisitions Group LLC, Revival Funding Co.
LLC, and any affiliates.  Certilman Balin, & Hyman, LLP, which
counts Mr. McCord as one of the firm's members, served as counsel
for the Examiner.

CBIZ Accounting, Tax & Advisory of New York, LLC and CBIZ, Inc.,
serve as financial advisors for the Official Committee of
Unsecured Creditors.  Robert M. Hirsh, Esq., at Arent Fox LLP, in
New York, N.Y., represents the Committee as counsel.

At the behest of the U.S. Trustee, Lori Lapin Jones, Esq. --
ljones@jonespllc.com -- was named Chapter 11 Trustee in
March 2012, replacing Todd Miller, the Debtors' Chief Executive
Officer.  The Chapter 11 trustee is represented by LaMonica Herbst
& Maniscalco LLP as her counsel.

Storch Amini & Munves, PC, serves as the Chapter 11 Trustee's
special counsel in connection with her investigation of the
Debtors.  She obtained approval to employ Garfunkel Wild, P.C., as
her special health care, regulatory, corporate, finance and
litigation counsel; and Foy Advisors LLC as consultant.


PENINSULA HOSPITAL: SAM Employment to Include Insurance Issues
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of New York
approved the Supplemental Application of Lori Lapin Jones, as
Chapter 11 Trustee of the estates of Peninsula Hospital Center, et
al., to expand the employment of Storch Amini & Munves, PC, as
special counsel to the Trustee to include advising the Trustee on
insurance coverage and claims issues and issues arising out of
employee-related claims.

The Trustee is authorized to employ SAM on an hourly basis on the
amended terms and conditions set forth in the Supplemental
Application nunc pro tunc to June 23, 2013.

According to papers filed with the Court on July 4, the Trustee
requires the assistance of counsel to advise her and guide her
through insurance-related issues.  The Trustee may also require
the assistance of counsel to address the employee claims directly,
including issues related to Empire Blue Shield, the Debtor's
third-party health claims administrator.

As reported in the TCR on Jan. 11, 2013, the Bankruptcy Court
authorized the Trustee to employ SAM as her special counsel in
connection with her investigation of the Debtors including, but
not limited to, issues relating to: (a) the filing of the
bankruptcy cases; (b) the laboratory at PHC; (c) the conduct of
the Debtors' officers, directors and professionals; (d) certain
pre- and post-petition transactions; and (e) whether to pursue (by
settlement, suit or otherwise) any resulting claims and causes of
action.

                    About Peninsula Hospital

Wayne S. Dodakian, Vinod Sinha, and Shannon Gerardi filed an
involuntary Chapter 11 bankruptcy protection against Peninsula
Hospital Center -- http://www.peninsulahospital.org/-- (Bankr.
E.D.N.Y. Case No. 11-47056) on Aug. 16, 2011.  Judge Elizabeth S.
Stong presides over the case.  Marilyn Cowhey Macron, Esq., at
Macron & Cowhey, represents the petitioners.

Peninsula Hospital Center and Peninsula General Nursing Home
Corp., employed Alvarez & Marsal Healthcare Industry Group, LLC,
as financial advisors.  The Hospital employed Abrams Fensterman,
et al., as their attorneys.  Nixon Peabody served as their special
counsel; GCG, Inc., serves as claims and noticing agent.

Judge Stong appointed Daniel T. McMurray at Focus Management Group
as patient care ombudsman.  Neubert, Pepe & Monteith P.C. serves
as PCO's counsel.  In April 2013, the bankruptcy court discharged
Daniel T. McMurray from his duties and responsibilities as patient
care ombudsman.

Richard J. McCord, Esq., was appointed by the Court as examiner in
the Debtors' cases.  His task was to conduct an investigation of
the Debtors' relationship and transactions with Revival Home
Health Care, Revival Acquisitions Group LLC, Revival Funding Co.
LLC, and any affiliates.  Certilman Balin, & Hyman, LLP, which
counts Mr. McCord as one of the firm's members, served as counsel
for the Examiner.

CBIZ Accounting, Tax & Advisory of New York, LLC and CBIZ, Inc.,
serve as financial advisors for the Official Committee of
Unsecured Creditors.  Robert M. Hirsh, Esq., at Arent Fox LLP, in
New York, N.Y., represents the Committee as counsel.

At the behest of the U.S. Trustee, Lori Lapin Jones, Esq. --
ljones@jonespllc.com -- was named Chapter 11 Trustee in
March 2012, replacing Todd Miller, the Debtors' Chief Executive
Officer.  The Chapter 11 trustee is represented by LaMonica Herbst
& Maniscalco LLP as her counsel.

Storch Amini & Munves, PC, serves as the Chapter 11 Trustee's
special counsel in connection with her investigation of the
Debtors.  She obtained approval to employ Garfunkel Wild, P.C., as
her special health care, regulatory, corporate, finance and
litigation counsel; and Foy Advisors LLC as consultant.


PENINSULA HOSPITAL: Court Denies Motion for Judgment Vs. Trustee
----------------------------------------------------------------
On July 10, 2013, the U.S. Bankruptcy Court for the Eastern
District of New York denied, in part, CathyJo Hunt-Edmonston's
motion seeking a judgment against Burton S. Weston, Esq., Trustee
Lori Lapin Jones, Michael Melnicke, Yehuda Hoffner, the former
administrator of PGN, receiver Cardiff Bay Center, LLC, Leo
Friedman and Joseph Brunner, holding them responsible for certain
health care claims; and to modify the Chapter 11 cases to include
the Movant's and PGN employee's accrued medical debt.

For the reasons stated by the Court at the July 1 hearing, the
Motion is denied as to Lapin Jones, individually and as Trustee,
Weston, Hoffner, Melnicke, Friedman and Brunner.

The hearing on the Motion as it relates to the Debtors and Cardiff
Bay Center, LLC, is adjourned to Aug. 15, 2013, at 10:30 a.m.

                    About Peninsula Hospital

Wayne S. Dodakian, Vinod Sinha, and Shannon Gerardi filed an
involuntary Chapter 11 bankruptcy protection against Peninsula
Hospital Center -- http://www.peninsulahospital.org/-- (Bankr.
E.D.N.Y. Case No. 11-47056) on Aug. 16, 2011.  Judge Elizabeth S.
Stong presides over the case.  Marilyn Cowhey Macron, Esq., at
Macron & Cowhey, represents the petitioners.

Peninsula Hospital Center and Peninsula General Nursing Home
Corp., employed Alvarez & Marsal Healthcare Industry Group, LLC,
as financial advisors.  The Hospital employed Abrams Fensterman,
et al., as their attorneys.  Nixon Peabody served as their special
counsel; GCG, Inc., serves as claims and noticing agent.

Judge Stong appointed Daniel T. McMurray at Focus Management Group
as patient care ombudsman.  Neubert, Pepe & Monteith P.C. serves
as PCO's counsel.  In April 2013, the bankruptcy court discharged
Daniel T. McMurray from his duties and responsibilities as patient
care ombudsman.

Richard J. McCord, Esq., was appointed by the Court as examiner in
the Debtors' cases.  His task was to conduct an investigation of
the Debtors' relationship and transactions with Revival Home
Health Care, Revival Acquisitions Group LLC, Revival Funding Co.
LLC, and any affiliates.  Certilman Balin, & Hyman, LLP, which
counts Mr. McCord as one of the firm's members, served as counsel
for the Examiner.

CBIZ Accounting, Tax & Advisory of New York, LLC and CBIZ, Inc.,
serve as financial advisors for the Official Committee of
Unsecured Creditors.  Robert M. Hirsh, Esq., at Arent Fox LLP, in
New York, N.Y., represents the Committee as counsel.

At the behest of the U.S. Trustee, Lori Lapin Jones, Esq. --
ljones@jonespllc.com -- was named Chapter 11 Trustee in
March 2012, replacing Todd Miller, the Debtors' Chief Executive
Officer.  The Chapter 11 trustee is represented by LaMonica Herbst
& Maniscalco LLP as her counsel.

Storch Amini & Munves, PC, serves as the Chapter 11 Trustee's
special counsel in connection with her investigation of the
Debtors.  She obtained approval to employ Garfunkel Wild, P.C., as
her special health care, regulatory, corporate, finance and
litigation counsel; and Foy Advisors LLC as consultant.


PG&E CORP: Says Gas Penalty Would Push Co. to Brink of Bankruptcy
-----------------------------------------------------------------
Mark Chediak, writing for Bloomberg News, reported that PG&E
Corp., owner of California's largest electric utility, said it may
be pushed to the edge of bankruptcy if state regulators impose a
proposed $2.25 billion penalty for a deadly 2010 pipeline
explosion.

According to the report, if approved, the company would pay a
total of $4 billion, including money already spent on pipeline
upgrades and safety work, Chairman and Chief Executive Officer
Tony Earley said in an interview at Bloomberg headquarters in New
York today. The San Francisco-based company would need to sell
about $2 billion in additional stock, he said.

"The risk is you can't raise that capital and you end up in
bankruptcy," Earley said, the report added.  Investors would have
to buy stock that they "would never get a return on" because the
money couldn't be recovered from customers. "If I was a
shareholder, I wouldn't be buying PG&E stock under those
circumstances."

Last month, staff of the California Public Utilities Commission
changed a prior recommendation and called for PG&E to pay $2.25
billion in penalties for the explosion that killed eight people in
San Bruno, California, including a $300 million fine for violating
safety rules, the report recalled.  An earlier proposal would've
given the company credit for money already spent on upgrades and
safety work.

The penalty is more than four times the company's net income last
year and is 15 years worth of earnings for the gas business,
Earley said, the report added.  Moody's Investors Service and
Standard & Poor's have said they would review California's
regulatory system if the full penalty is assessed.

PG&E Corporation is a holding company that conducts its business
through Pacific Gas and Electric Company (Utility). The
Utility's revenues are generated mainly through the sale and
delivery of electricity and natural gas to customers.


POINT CENTER: H. Grobstein Succeeds T. Seaman as Ch. 11 Trustee
---------------------------------------------------------------
Judge Theodor C. Albert of the U.S. Bankruptcy Court for the
Central District of California, Santa Ana Division, approved the
U.S. Trustee's application to appoint Howard B. Grobstein as
Chapter 11 Trustee for Point Center Financial, Inc.

Mr. Grobstein succeeds Thomas Seaman, CFA, as Chapter 11 Trustee.

Peter C. Anderson, the U.S. Trustee, is represented by Frank
Cadigan, Esq. -- Frank.Cadigan@usdoj.gov -- Assistant U.S.
Trustee, in Santa Ana, California.

                        About Point Center

Point Center Financial, Inc., a hard money lender, filed a
Chapter 11 petition (Bankr. C.D. Cal. Case No. 13-11495) in Santa
Ana, California, on Feb. 19, 2013.  The Debtor disclosed
$109,257,545 in assets and $54,566,116 in liabilities as of the
Chapter 11 filing.

The Company claims to have a long track record of success in
originating and servicing loans from hundreds of investors.
Unfortunately, due to the historic collapse of the economy
beginning in about 2007, the Debtor, no different than many other
similar enterprises in real estate, has fallen on hard times.

From a high of about 130 performing loans with a total combined
face value of over $450 million in 2006, only 8 loans are now
performing.  There were a total of only four foreclosed properties
("REOs") as of 2006.  In comparison, between 2007 and 2012, there
were 60 foreclosure sales.

The result left the Debtor saddled with large secured liabilities
to PMB, which has a blanket lien on all of the Debtor's assets in
excess of $9 million, secured by the Debtor's primary asset of
loan servicing and management fees received from secured loans and
properties that have been taken back through foreclosure.

The MA Creditors are represented by Mary L. Fickel, Esq., at
Fickel & Davis.

The Official Committee of Unsecured Creditors is represented by
Marshack Hays LLP.


POLYMER GROUP: Moody's Retains B1 Rating over FiberWeb Deal
-----------------------------------------------------------
Moody's Investors Service said that Polymer Group Inc.'s ratings
and outlook are not immediately impacted by plans to acquire
Fiberweb plc. because the structure of the transaction, including
the terms and conditions of any related financing, has not been
announced, but it could be credit negative if the company funds
the acquisition using a significant portion of debt. Moody's view
is based on terms disclosed publicly by Fiberweb in its public
announcement. Polymer Group has not made a formal offer at this
point.

Headquartered in Charlotte, North Carolina, Polymer Group, Inc. is
one of the world's leading producers of nonwoven materials sold to
makers of consumer and industrial products. End uses include
disposable diapers, feminine hygiene products, cleaning wipes,
surgical gowns & drapes, and furniture & bedding, among others.
PGI was acquired by The Blackstone Group in January 2011.

On July 27, 2012, Moody's assigned an SGL-2 Speculative Grade
Liquidity Rating to Polymer Group. Moody's also affirmed the
company's existing long-term credit ratings, including the B1
Corporate Family Rating, B1 Probability of Default Rating, and B1
rating on the $560 million Senior Secured Notes due 2019.


PREMIER PAVING: Can Continue Using Cash Collateral Until Sept. 1
----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Colorado authorized
Premier Paving, Inc., to continue using cash collateral of Wells
Fargo Bank, N.A., for an additional month through Sept. 1, 2013,
pursuant to the terms of the Stipulation of Use of Cash Collateral
entered into by the Debtor and Wells Fargo dated July 26, 2013.

A copy of the Stipulation for Use of Cash Collateral is available
at http://bankrupt.com/misc/premierpaving.doc446.pdf

                       About Premier Paving

Headquartered in Denver, Colorado Premier Paving, Inc. --
http://www.premierpavinginc.com/-- operates a full-service
highway construction company, which services include paving,
grading and milling, geo-textiles, trucking, traffic control and
quality control.  Premier Paving also owns and operates an asphalt
plant.

Premier Paving filed for Chapter 11 bankruptcy (Bankr. D. Colo.
Case No. 12-16445) on April 2, 2012.  Judge Michael E. Romero
presides over the case.  In its petition, the Debtor estimated up
to $50 million in assets and debts.  The petition was signed by
David Goold, treasurer.

Lee M. Kutner, Esq., at Kutner Miller Brinen, P.C., serves as the
Debtor's counsel.  Pinnacle Real Estate Advisors LLC provides
professional broker services related to the sale of certain of the
Debtor's real estate assets.  The Official Unsecured Creditors
Committee is represented by J. Brian Fletcher, Esq., at Onsager,
Staelin & Guyerson, LLC.


PURADYN FILTER: Had $474,000 Net Loss in Second Quarter
-------------------------------------------------------
Puradyn Filter Technologies Incorporated filed with the U.S.
Securities and Exchange Commission its quarterly report on Form
10-Q disclosing a net loss of $474,215 on $600,390 of net sales
for the three months ended June 30, 2013, as compared with a net
loss of $273,119 on $804,099 of net sales for the same period last
year.

For the six months ended June 30, 2013, the Company incurred a net
loss of $890,899 on $1.17 million of net sales, as compared with a
net loss of $505,097 on $1.55 million of net sales for the same
period during the prior year.

As of June 30, 2013, the Company had $1.30 million in total
assets, $11.17 million in total liabilities and a $9.87 million
total stockholders' deficit.

A copy of the Form 10-Q is available for free at:

                         http://is.gd/wvjRVV

                        About Puradyn Filter

Boynton Beach, Fla.-based Puradyn Filter Technologies Incorporated
(OTC BB: PFTI) designs, manufactures and markets the puraDYN's Oil
Filtration System.

Puradyn Filter reported a net loss of $2.22 million on $2.57
million of net sales for the year ended Dec. 31, 2012, as compared
with a net loss of $1.61 million on $2.67 million of net sales
during the prior year.

Liggett, Vogt & Webb, P.A., in Boynton Beach, Florida, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2012.  The independent
auditors noted that the Company has suffered recurring losses from
operations, its total liabilities exceed its total assets, and it
has relied on cash inflows from an institutional investor and
current stockholder.  These conditions raise substantial doubt
about the Company's ability to continue as a going concern.


PWK TIMBERLAND: Hearing on Exclusivity Extension Resumes Today
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Louisiana
continued until today, Aug. 22, 2013, at 10:30 a.m., the hearing
to consider PWK Timberland LLC's request for extension of its
exclusivity period.

As reported in the Troubled Company Reporter on Aug. 14, 2013, the
Court vacated the July 23 order extending the Debtor's exclusivity
periods because, according to Gerald J. Casey, Esq., counsel for
the Debtor, the order was submitted to the Court in error.

As reported in the TCR on July 26, 2013, the Debtor asked for an
extension in its exclusive periods to file a proposed chapter 11
plan until Nov. 21, 2013, and solicit acceptances for that plan
until Jan. 21, 2014.

The Debtor explained that it needed more time to negotiate a
settlement and propose a plan of reorganization without
interference from creditors and other interests.

Under the present deadline, the Debtor's Chapter 11 plan is due
Sept. 18, 2013.

                        About PWK Timberland

Lake Charles, Louisiana-based PWK Timberland LLC sought Chapter 11
protection (Bankr. W.D. La. Case No. 13-20242) on March 22, 2013.
Gerald J. Casey, Esq., serves as counsel to the Debtor.  The
Debtor disclosed $15,038,448 in assets and $1,792,957 in
liabilities as of the Chapter 11 filing.


QBEX ELECTRONICS: Has Until Aug. 28 to File Chapter 11 Plan
-----------------------------------------------------------
The Hon. Robert A. Mark of the U.S. Bankruptcy Court for the
Southern District of Florida gave his stamp of approval to an
agreed order extending QBEX Electronics Corporation, Inc., et
al.'s exclusive periods to file a Chapter 11 plan until Aug. 28,
2013.

The agreed order, entered into with the Official Committee of
Unsecured Creditors, resolves the Committee's objection and
provides that:

   -- if a Plan is filed by the Aug. 28 deadline, the Debtors will
      have the exclusive right to obtain acceptances of that Plan
      until Sept. 27;

   -- the Debtors will, by Aug. 23, produce to the Committee all
      documents, which the Debtors have not already produced to
      the Committee, in the Debtor's possession, custody or
      control that are responsive to the document requests; and

   -- the Debtors will, by Aug. 23, provide the Committee with
      a plan for the liquidation of the Debtors' non-core assets
      (i.e., computers and parts).

The Committee asked the Court to deny approval of the Debtors'
third motion to extend exclusivity.  The Committee related that to
date, the Debtors have not fully complied with the agreed order
extending exclusivity.

As reported in the TCR on Aug. 9, 2013, the Debtors filed a third
motion seeking extension of exclusive plan filing deadline through
Sept. 27, and exclusive plan solicitation deadline through
Nov. 11.

The Debtors' current plan filing deadline is Aug. 30, 2013.

The Debtors informed the Court that since the entry of the Second
Exclusivity Order, they -- with the assistance of financial
advisors CBIZ MHM, LLC -- have worked diligently to liquidate
their non-core assets; identify and negotiate an exit financing
facility; develop financial projections and an associated business
plan for the Debtors; and formulate a consensual Chapter 11 plan
of reorganization.

However, as significant progress has been made, a fair amount of
work remains to be completed, the Debtors aver.

                    About QBEX Electronics

QBEX Electronics Corporation, Inc., based in Miami, Florida, and
its affiliates, Qbex Colombia, S.A., and Comercializadora De
Productos Tecnologicos CPT Colombia SAS, are manufacturers,
assemblers and distributors of personal computers, notebooks,
tablets and compatible accessories, marketed throughout Latin
America under the QBEX brand.

QBEX Electronics filed for Chapter 11 bankruptcy (Bankr. S.D. Fla.
Case No. 12-37551) on Nov. 15, 2012.  Judge Robert A. Mark
oversees the case.  Robert D. Peters, Esq., Robert A. Schatzman,
Esq., and Steven J. Solomon, Esq., at GrayRobinson, P.A., serve as
the Debtor's counsel.

QBEX scheduled assets of $11,027,058 and liabilities of
$8,246,385.  The petitions were signed by Jorge E. Alfonso,
president.

Qbex Colombia, S.A., also sought Chapter 11 protection (Bankr.
S.D. Fla. Case No. 12-37558) on Nov. 15, listing $433,627 in
assets and $5,792,217 in liabilities.

Glenn D. Moses, Esq., and Michael L. Schuster, Esq., at Genovese
Joblove & Battista, P.A., represent the Official Committee of
Unsecured Creditors.  The Committee tapped Marcum, LLP, as its
financial advisors.


QUALITY DISTRIBUTION: Apollo Had 17.4% Equity Stake at March 13
---------------------------------------------------------------
In an amended Schedule 13D filing with the U.S. Securities and
Exchange Commission on Aug. 13, 2013, Apollo Capital Management
II, Inc., and its affiliates disclosed that as of March 13, 2012,
they beneficially owned 4,696,715 shares of common stock of
Quality Distribution, Inc., representing 17.4 percent of the
shares outstanding.

On March 13, 2012, Fund III, Overseas III and UK Partners III sold
an aggregate of 3,185,815 shares of common stock pursuant to an
underwritten offering, in connection with the public offering of
shares of common stock by the Company, including an aggregate of
685,815 shares of common stock that were sold upon exercise of the
underwriters' over-allotment option, pursuant to an underwriting
agreement, dated as of March 7, 2012, among the Company, the
Apollo Funds, and Goldman, Sachs & Co., JP Morgan Securities LLC,
Merrill Lynch, Pierce, Fenner & Smith Incorporated and Credit
Suisse Securities (USA) LLC.

A copy of the regulatory filing is available for free at:

                         http://is.gd/5GTa1k

                     About Quality Distribution

Quality Distribution, LLC, and its parent holding company, Quality
Distribution, Inc., are headquartered in Tampa, Florida.  The
company is a transporter of bulk liquid and dry bulk chemicals.
The company's 2010 revenues are approximately $686 million.
Apollo Management, L.P., owns roughly 30 percent of the common
stock of Quality Distribution, Inc.

                        Bankruptcy Warning

According to the Company's annual report for the period ended
Dec. 31, 2012, the Company had consolidated indebtedness and
capital lease obligations, including current maturities, of $418.8
million as of Dec. 31, 2012.  The Company must make regular
payments under the ABL Facility and its capital leases and semi-
annual interest payments under its 2018 Notes.

The Company's 2018 Notes issued in the quarter ended Dec. 31,
2010, carry high fixed rates of interest.  In addition, interest
on amounts borrowed under the Company's ABL Facility is variable
and will increase as market rates of interest increase.  The
Company does not presently hedge against the risk of rising
interest rates.  The Company's higher interest expense may reduce
its future profitability.  The Company's future higher interest
expense and future redemption obligations could have other
important consequences with respect to the Company's ability to
manage its business successfully, including the following:

   * it may make it more difficult for the Company to satisfy its
     obligations for its indebtedness, and any failure to comply
     with these obligations could result in an event of default;

   * it will reduce the availability of the Company's cash flow to
     fund working capital, capital expenditures and other business
     activities;

   * it increases the Company's vulnerability to adverse economic
     and industry conditions;

   * it limits the Company's flexibility in planning for, or
     reacting to, changes in the Company's business and the
     industry in which the Company operates;

   * it may make the Company more vulnerable to further downturns
     in its business or the economy; and

   * it limits the Company's ability to exploit business
     opportunities.

The ABL Facility matures August 2016.  However, the maturity date
of the ABL Facility may be accelerated if the Company defaults on
its obligations.

"If the maturity of the ABL Facility and/or such other debt is
accelerated, we may not have sufficient cash on hand to repay the
ABL Facility and/or such other debt or be able to refinance the
ABL Facility and/or such other debt on acceptable terms, or at
all.  The failure to repay or refinance the ABL Facility and/or
such other debt at maturity would have a material adverse effect
on our business and financial condition, would cause substantial
liquidity problems and may result in the bankruptcy of us and/or
our subsidiaries.  Any actual or potential bankruptcy or liquidity
crisis may materially harm our relationships with our customers,
suppliers and independent affiliates."

                           *    *     *

As reported in the TCR on June 28, 2013, Moody's Investors Service
upgraded Quality Distribution, LLC's Corporate Family Rating to B2
from B3 and Probability of Default Rating to B2-PD from B3-PD.

The upgrade of Quality's CFR to B2 was largely driven by the
expectation that credit metrics will improve over the next twelve
to eighteen months, through a combination of EBITDA growth and
debt paydowns, to levels consistent with the B2 rating level.  The
company is in the process of integrating the bolt-on acquisitions
made in its Energy Logistics business sector since 2011.


R&K FABRICATING: Trustee May Amend Suit v. Tokio Marine et al
-------------------------------------------------------------
In the lawsuit, MICHAEL J. DURRSCHMIDT Plaintiff(s) v. FROST
NATIONAL BANK, et al Defendant(s), Adv. Proc. No. 12-03177(Bankr.
S.D. Tex.), Bankruptcy Judge Marvin Isgur issued a Memorandum
Opinion addressing:

     1. the Motion for Leave to Amend Complaint filed by Michael
        Durrschmidt, the Chapter 11 Trustee, and now the
        Disbursing Agent, in the case of R&K Fabricating, Inc.;

     2. Defendant Tokio Marine & Nichido Fire Insurance's Motion
        for Leave to File Third Amended Cross-Claim in Compliance
        with Court's Order; and

     3. Defendant Wyendell S. Evans' Motion for Leave to File
        Cross Counter-Claim Against Tokio Marine & Nichido Fire
        Insurance Company, Ltd. and Cross Complaint Against
        Crawford & Company.

The Trustee's Motion for Leave to Amend is granted, in part, and
denied, in part.  Tokio's Motion for Leave to Amend is granted, in
part, and denied, in part.  Evans' Motion for Leave to File Cross
Counter-Claim and Cross Complaint is denied.

A copy of the Court's Aug. 20 Memorandum Opinion is available at
http://is.gd/cghPfQfrom Leagle.com.

R&K Fabricating, Inc., manufactures frac tanks.  Ricardo Gonzalez
is the principal owner of R&K.  As a result of the 2008 financial
crisis, R&K began receiving cancellation notices on tank orders
and becoming delinquent on its accounts payable.  This led to R&K
filing a voluntary chapter 11 petition (Bankr. S.D. Tex. Case No.
10-33878) on May 5, 2010.  Mr. Gonzalez filed an individual case
(Case No. 10-33880) on the same day.

On March 25, 2011, an Agreed Motion to Appoint Trustee was filed
by the United States Trustee, and Michael Durrschmidt was named
the Chapter 11 Trustee on March 31, 2011.


RAI STIFF: Case Summary & 2 Unsecured Creditors
-----------------------------------------------
Debtor: Rai Stiff, Ltd.
        P.O. Box 7024
        Virginia Beach, VA 23457

Bankruptcy Case No.: 13-73035

Chapter 11 Petition Date: August 15, 2013

Court: United States Bankruptcy Court
       Eastern District of Virginia (Norfolk)

Judge: Stephen C. St. John

Debtor's Counsel: Ann B. Brogan, Esq.
                  CROWLEY, LIBERATORE, RYAN & BROGAN P. C.
                  Town Point Center, Ste 300, 150 Boush St.
                  Norfolk, VA 23510
                  Tel: (757) 333-4500
                  Fax: (757) 333-4501
                  E-mail: abrogan@clrbfirm.com

Estimated Assets: $1,000,001 to $10,000,000

Estimated Debts: $1,000,001 to $10,000,000

A copy of the Company's list of its largest unsecured creditors,
filed together with the petition, is available for free at
http://bankrupt.com/misc/vaeb13-73035.pdf

The petition was signed by Raietta M Johnson, director.


RAINBOW LAND: Case Now Assigned to Judge Laurel Davis
-----------------------------------------------------
The U.S. Bankruptcy Court for the District of Nevada reassigned
the Chapter 11 case and any related adversary proceedings of
Rainbow Land & Cattle Company, LLC, to the Hon. Laurel E. Davis.

Bankruptcy Judge Bruce A. Markell previously presided over the
case.

                        About Rainbow Land

Rainbow Land & Cattle Company, LLC, is the owner of approximately
466 acres of undeveloped real property located in Caliente,
Nevada, and approximately 133 acre feet of water appurtenant to
the property.  The Property was financed by Zions First National
Bank at the time of the purchase.

Rainbow Land filed a Chapter 11 petition (Bankr. D. Nev. Case No.
12-14009) on April 4, 2012.  It scheduled $15.43 million in assets
and $2.50 million in liabilities.  The Debtor owns approximately
579.48 undeveloped acres of real property located in Caliente,
Nevada, along with 466.79 acre feet of water rights.  The Debtor
is owned by John Huston, 45.2381%; Jan J. Cole, 45.2381%; and
Clarence Burr, 9.52381%.

Alan R. Smith, Esq., at the Law Offices of Alan R. Smith serves as
bankruptcy counsel.  The petition was signed by John H. Huston,
managing member.

Smith Larsen & Wixom represents Zions Bank as counsel.

The Debtor confirmed its first amended plan of reorganization
which intended to sell or refinance its property prior to the
expiration of a deferral period of three years.  Postpetition and
during the Deferral Period, interest, attorneys' fees and other
charges will continue to accrue on the Zions Bank and Heise Loans.


RESIDENTIAL CAPITAL: FHFA Can Sue Ally Despite ResCap Bankruptcy
----------------------------------------------------------------
Reuters reported that the Federal Housing Finance Agency may
pursue a fraud lawsuit against Ally Financial Inc even though
Ally's Residential Capital LLC mortgage unit is in bankruptcy, a
federal judge said.

According to the report, Judge Denise Cote, of U.S. District Court
in Manhattan, said the lawsuit is unlikely to have an "immediate
adverse economic consequence" for ResCap's estate, such that it
would be subject to an automatic stay under the U.S. Bankruptcy
Code.

Bankrupt debtors typically invoke the automatic stay to halt
litigation, which could interfere with their reorganizations, the
report noted.

Lawyers for ResCap did not immediately respond to requests for
comment, the report said.

Ally is among 18 defendants that the FHFA sued in 2011 for
allegedly making false or misleading statements in documents
relating to residential mortgage-backed securities bought by
Fannie Mae, Freddie Mac or both, the report related.

The case is Residential Capital LLC et al v. Federal Housing
Finance Agency, U.S. District Court, Southern District of New
York, No. 12-05116.

                   About Residential Capital

Residential Capital LLC, the unprofitable mortgage subsidiary of
Ally Financial Inc., filed for bankruptcy protection (Bankr.
S.D.N.Y. Lead Case No. 12-12020) on May 14, 2012.

Neither Ally Financial nor Ally Bank is included in the bankruptcy
filings.

ResCap, one of the country's largest mortgage originators and
servicers, was sent to Chapter 11 with 50 subsidiaries amid
"continuing industry challenges, rising litigation costs and
claims, and regulatory uncertainty," according to a company
statement.

ResCap disclosed $15.68 billion in assets and $15.28 billion in
liabilities at March 31, 2012.

Centerview Partners LLC and FTI Consulting are acting as financial
advisers to ResCap.  Morrison & Foerster LLP is acting as legal
adviser to ResCap.  Curtis, Mallet-Prevost, Colt & Mosle LLP is
the conflicts counsel.  Rubenstein Associates, Inc., is the public
relations consultants to the Company in the Chapter 11 case.
Morrison Cohen LLP is advising ResCap's independent directors.
Kurtzman Carson Consultants LLP is the claims and notice agent.

Ray C. Schrock, Esq., at Kirkland & Ellis LLP, in New York, serves
as counsel to Ally Financial.

ResCap sold most of the businesses for a combined $4.5 billion.
The Bankruptcy Court in November 2012 approved ResCap's sale of
its mortgage servicing and origination platform assets to Ocwen
Loan Servicing, LLC and Walter Investment Management Corporation
for $3 billion; and its portfolio of roughly 50,000 whole loans to
Berkshire Hathaway for $1.5 billion.

Bankruptcy Creditors' Service, Inc., publishes RESIDENTIAL CAPITAL
BANKRUPTCY NEWS.  The newsletter tracks the Chapter 11 proceeding
undertaken by affiliates of Residential Capital LLC and its
affiliates (http://bankrupt.com/newsstand/or 215/945-7000).


RESPONSE BIOMEDICAL: Posts C$3.3 Million Net Income in 2nd Qtr.
---------------------------------------------------------------
Response Biomedical Corp. filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
net income and comprehensive income of C$3.34 million on
C$1.14 million of gross profit on product sales for the three
months ended June 30, 2013, as compared with net income and
comprehensive income of C$2.39 million on C$1.15 million of gross
profit on product sales for the same period last year.

For the six months ended June 30, 2013, the Company reported a net
loss and comprehensive loss of C$6.62 million on C$2.73 million of
gross profit on product sales, as compared with a net loss and
comprehensive loss of C$3.31 million on C$2.41 million of gross
profit on product sales for the same period a year ago.

Response Biomedical disclosed a net loss and comprehensive loss of
C$5.28 million on C$11.75 million of product sales for the year
ended Dec. 31, 2012, as compared with a net loss and comprehensive
loss of C$5.37 million on C$9.02 million of product sales during
the prior year.

As of June 30, 2013, the Company had C$13.29 million in total
assets, C$18.57 million in total liabilities and a C$5.28 million
total shareholders' deficit.

Response's Chief Executive Officer, Jeff Purvin, commented on
second quarter, 2013, performance, saying, "We expected this
quarter's sales might decline given our high level of seasonal
Influenza test sales last quarter.  In addition, the quarter's
sales results reflect two of our distributors' decision to delay
some of their expected second quarter orders into the third
quarter.  Offsetting our modest sales declines, however, are
markedly increased gross margins and lower operating expenses, the
result of continued tight internal financial controls and improved
operational efficiencies.  We continue to focus on developing and
transitioning to an expanded U.S. sales base which, given the
sales cycle involved, we believe should result in improved sales
in 2014 and beyond.  In addition, we are making continued progress
towards achieving our own product registrations in China which we
expect will help us to stabilize and grow our China base of sales
by allowing us to increase the number of distributors of our
products in this important market for us."

"The ability of the Company to continue as a going concern is
uncertain and dependant on the Company's ability to obtain
additional financing to fund ongoing operations.  Management has,
thus far, financed the operations through a series of equity
financings.  Management will continue, as appropriate, to seek
other sources of financing, including equity and debt, on
favorable terms.  However, there are no assurances that any such
financing can be obtained on favorable terms, if at all.
Management believes that without additional financing, based on
the current level of operations, and excluding out of the ordinary
cash management measures, the Company's cash and cash equivalents
balances, including cash generated from operations, will not be
sufficient to meet the anticipated cash requirements beyond mid-
fourth quarter, 2013.  If additional financing is not obtained,
the Company may be required to significantly reduce, restructure
or cease operations.  In view of these conditions, there is
substantial doubt over the Company's ability to continue as a
going concern as it is dependent on financing and ultimately
achieving profitable operations, the outcome of which cannot be
predicted at this time," the Company said in the quarterly report.

A copy of the Form 10-Q is available for free at:

                         http://is.gd/JwdYGv

                      About Response Biomedical

Based in Vancouver, Canada, Response Biomedical Corporation
develops, manufactures and sells diagnostic tests for use with its
proprietary RAMP(R) System, a portable fluorescence immunoassay-
based diagnostic testing platform.  The RAMP(R) technology
utilizes a unique method to account for sources of error inherent
in conventional lateral flow immunoassay technologies, thereby
providing the ability to quickly and accurately detect and
quantify an analyte present in a liquid sample.  Consequently, an
end-user on-site or in a point-of-care setting can rapidly obtain
important diagnostic information.  Response Biomedical currently
has thirteen tests available for clinical and environmental
testing applications and the Company has plans to commercialize
additional tests.


REVOLUTION DAIRY: Has Interim OK to Use Cash Collateral to Aug. 22
------------------------------------------------------------------
The Hon. R. Kimball Mosier of the U.S. Bankruptcy Court for the
District of Utah authorized, on an interim basis, Revolution
Dairy, LLC, et al. to use cash collateral from Aug. 1, 2013, to
Aug. 22, 2013.

Secured creditors asserting an interest in the cash collateral
proposed to be used by the Debtors (including Rabo Agrifinance,
Inc.; Metropolitan Life Insurance; Delta Cache, LLC; Cargill,
Inc.; Intermountain Farmers Association ("IFA"), and WesternAg
Credit, PCA ("WAC") will be granted a replacement lien in all
post-petition property of like kind acquired by the Debtors to the
extent of the respective Debtors' use of cash collateral.

The Debtors will not expend more than $2,107,000 for the month of
August, inclusive of approved adequate protection payment to IFA
and MetLife, prior to Aug. 22, 2013, without the consent of Rabo
or further order from the Court.

All issues raised by Rabo in its objection are reserved pending
final resolution at a final hearing on Aug. 22, 2013.

On July 29, Rabo filed its Objection to the Debtors' Cash
Collateral Motion, telling the Court that it should refuse to
grant the Debtors cash collateral authority, final or otherwise,
for an extended three month period while the Debtors attempt to
get their proposed Plan confirmed.  Instead, according to Rabo,
the Court should only authorize cash collateral expenditures for
periods of one month at a time, and then only if the Debtors
provide Rabo adequate protection.

                       About Revolution Dairy

Revolution Dairy LLC is one of the largest dairy farms in Utah.
Revolution Dairy and affiliate Highline Dairy, LLC, filed bare-
bones Chapter 11 petitions (Bankr. D. Utah Case Nos. 13-20770 and
13-20771) in Salt Lake City on Jan. 27, 2013.  Each of the Debtors
estimated $10 million to $50 million in assets and liabilities.

Managers of Revolution and Highline -- Robert and Judith Bliss --
also sought Chapter 11 protection (Case No. 13-20772).

Revolution Dairy, LLC, is represented by Michael N. Zundel, Esq.,
Adam S. Affleck, Esq., and T. Edward Cundick, Esq., at Prince,
Yeates & Geldzahler.  Highline Dairy, LLC, is represented by
George B. Hoffman, Esq., at Parsons Kinghorn & Harris.  Robert and
Judith Bliss are represented by David T. Berry, Esq., at Berry &
Tripp P.C.

The Debtors' cases are jointly administered under Case No.
13-20770.

The U.S. Trustee appointed five members to the official committee
of unsecured creditors.  The Committee tapped Snell and Wilmer
L.L.P. as its counsel.


ROCKWELL MEDICAL: D. Hagelstein Had 4.9% Equity Stake at July 31
----------------------------------------------------------------
In an amended Schedule 13D filing with the U.S. Securities and
Exchange Commission, David Hagelstein Charitable Remainder
Unitrust dated November 20, 2003, as amended, and David A.
Hagelstein disclosed that as of July 31, 2013, they beneficially
owned 1,991,593 shares of common stock of Rockwell Medical
Technologies, Inc., representing 4.9 percent of the shares
outstanding.  A copy of the regulatory filing is available for
free at http://is.gd/o9yibN

                           About Rockwell

Rockwell Medical, Inc. (Nasdaq: RMTI), headquartered in Wixom,
Michigan, is a fully-integrated biopharmaceutical company
targeting end-stage renal disease ("ESRD") and chronic kidney
disease ("CKD") with innovative products and services for the
treatment of iron deficiency, secondary hyperparathyroidism and
hemodialysis (also referred to as "HD" or "dialysis").

Rockwell's lead investigational drug is in late stage clinical
development for iron therapy treatment in CKD-HD patients.  It is
called Soluble Ferric Pyrophosphate ("SFP").  SFP delivers iron to
the bone marrow in a non-invasive, physiologic manner to
hemodialysis patients via dialysate during their regular dialysis
treatment.

In its report on the consolidated financial statements for the
year ended Dec. 31, 2012, Plante & Moran, PLLC, in Clinton
Township, Michigan, expressed substantial doubt about Rockwell
Medical's ability to continue as a going concern, citing the
Company's recurring losses from operations, negative working
capital, and insufficient liquidity.

The Company reported a net loss of $54.0 million on $49.8 million
of sales in 2012, compared with a net loss of $21.4 million on
$49.0 million of sales in 2011.  As of June 30, 2013, the Company
had $54.02 million in total assets, $36.78 million in total
liabilities and $17.23 million in total shareholders' equity.


SAEXPLORATION HOLDINGS: To Restate Q1 2013 Financial Statements
---------------------------------------------------------------
SAExploration Holdings, Inc. on Aug. 20 provided an update on the
previously disclosed review of questions associated with certain
adjustments to direct operating expenses between the 2013 first
quarter ended March 31, 2013 and the second quarter ended June 30,
2013.  On August 19, 2013, SAE determined that it will restate,
and that investors should not rely upon, its previously-filed
interim financial statements for Q1 2013, following management's
discussion of the matter with the audit committee of SAE's board
of directors, and management's and the audit committee's
discussions with SAE's independent registered public accounting
firm.

The restatement results from information that came to SAE's
attention in connection with the preparation and review of its
Form 10-Q for Q2 2013, as reported in SAE's August 13, 2013 press
release announcing preliminary financial results for the six
months ended June 30, 2013.  Although the review is ongoing and
additional items may need to be included in the restatement,
certain adjustments have been identified relating to SAE's
operations in Papua New Guinea.  As reported on August 13, 2013,
these adjustments will change the allocation of direct operating
expenses between Q1 2013 and Q2 2013.  SAE believes that these
adjustments may decrease Q1 2013 direct operating expenses by up
to $1.3 million, resulting in restated net income for Q1 2013 of
$6.2 million, up from as reported net income of $4.9 million.

Because of the time involved in restating Q1 2013, SAE will not
timely file its Quarterly Report on Form 10-Q for Q2 2013.  SAE
expects Q2 2013 direct operating expenses to increase by
approximately $1.7 million to $2.0 million.  At this time, SAE
cannot estimate net income for Q2 2013, but does not expect that
possible further adjustments will change its expected range of net
income for the six-months ended June 30, 2013 by more than
$300,000 from the amounts reported in the August 13, 2013 press
release.

SAE's financial statements for Q1 2013 were included in SAE's
Current Report on Form 8-K filed with the Securities and Exchange
Commission on June 28, 2013, which incorporated such financial
statements by reference to its proxy statement/information
statement dated May 31, 2013.  SAE will amend that Form 8-K to
reflect the restatement of those financial statements. It expects
to file the Q1 2013 amendment on Form 8-K/A and its Form 10-Q for
Q2 2013 as soon as possible.

In connection with the restatement, SAE is in the process of
evaluating deficiencies in its internal control over financial
reporting.  As part of this evaluation, management may determine
that a deficiency associated with the accounting for its Papua New
Guinea operations constitutes a material weakness.  SAE has begun
taking immediate steps to remediate this potential deficiency and
intends to take further action to remediate any other deficiencies
that are identified as part of its evaluation of its internal
control over financial reporting, which may include centralizing
its accounting operations at one location.

               About SAExploration Holdings, Inc.

Based in Calgary, Canada, SAE -- http://www.saexploration.com--
is a holding company of various subsidiaries which cumulatively
form a geographically diversified seismic data acquisition
company.  SAE provides a full range of 2D, 3D and 4D seismic data
services to its clients, including surveying, program design,
logistical support, data acquisition, processing, camp services,
catering, environmental assessment and community relations.  SAE
services its multinational client base from offices in Canada,
Alaska, Peru, Columbia, Bolivia, Papua New Guinea, New Zealand and
Brazil.


SAND SPRING CAPITAL III: Plan Confirmation Hearing on September 18
------------------------------------------------------------------
On July 25, 2013, the U.S. Bankruptcy Court approved the adequacy
of the disclosure statement for Sand Spring Capital III, LLC, et
al's Third Amended Joint Plan of Reorganization filed July 24,
2013.

The hearing to consider confirmation of the Plan will commence on
Sept. 18, 2013, at 11:30 a.m.  The Plan Confirmation Deadline is
Sept. 11, 2013, at 4:00 p.m.

The Voting record date is July 25, 2013, at 4:00 p.m.  The voting
deadline is Sept. 11, 2013, at 4:00 p.m.

A copy of the disclosure statement for the Debtors' Third Amended
Joint Plan of Reorganization filed July 24, 2013, is available at:

The Plan implements a settlement with Cantor Fitzgerald & Co. and
related entities, referred to as the "Cantor Chapter 11
Settlement," which the Bankruptcy Court approved on May 28, 2013.

Under the Cantor Chapter 11 Settlement, in exchange for Cantor's
payment of $1 million to the Debtors (the "Cantor Derivative Claim
Settlement Amount"), the Debtors are releasing the claims against
the Cantor Group.  Subject to the resolution of certain disputed
claims, the Cantor Derivative Claim Settlement Amount will be
released to the Debtors for distribution to all Investors pro
rata.

In addition to the Cantor Derivative Settlement Amount, Cantor has
agreed to pay up to a total of $1 million to Investors who vote in
favor of the Plan and elect to release their direct claims and
causes of action against the members of the Cantor Group.

The Cantor Direct Claim Settlement Amount will only total $1.0
million in the event that all Investors affirmatively elect to
grant a Direct Claim Release.  In other words, in the event that
Investors holding 75% of the Interest elect to release their
direct claims and causes of action against the members of the
Cantor Group, the Cantor Direct Claim Settlement Amount will be
$750,000.

Alternatively, Investors may elect to retain any potential direct
claims and causes of action against members of the Cantor Group.

A copy of the disclosure statement for the Debtors' Third Amended
Joint Plan of Reorganization filed July 24, 2013, is available at:

          http://bankrupt.com/misc/sandspring.doc937.pdf

                        About Sand Spring

Nine funds advised by Commonwealth Advisors Inc. of Baton Rouge,
Louisiana, sought Chapter 11 protection on Oct. 25, 2011, after
failing to work out a reorganization plan acceptable to all
investors.  Lead Debtor is Sand Spring Capital III, LLC (Bankr. D.
Del. Case No. 11-13393).

Kenneth J. Enos, Esq., and Michael R. Nestor, Esq., at Young,
Conaway, Stargatt & Taylor, in Wilmington, Delaware, serve as
counsel to the Debtors.  Epiq Bankruptcy Solutions LLC serves as
claims and notice agent.

The funds were formed from 2005 to 2007 under Walter Morales,
president and chief investment manager, and attracted 456
investors, according to filings in U.S. Bankruptcy Court in
Wilmington, Delaware.  Last year, investors filed class-action
and derivative suits alleging mismanagement, misrepresentation,
and breach of fiduciary duty.

According to Bloomberg News, the U.S. Securities and Exchange
Commission initiated a formal investigation in July 2009.  The
funds were unable or unwilling to satisfy investors' redemption
demands, which would have required liquidation of "their
holdings in an illiquid market and at depressed prices."

The funds, Commonwealth and Morales negotiated a prepackaged
Chapter 11 plan, which was accepted by all classes of creditors
except one.  Because third-party contributions required unanimous
approval, the funds said they filed in Chapter 11 so they could
have "further discussions with their investors with the oversight
of this court."

Robert S. Brady, Esq., at Young Conaway Stargatt & Taylor, LLP,
represents the Debtor.


SAVE MOST: Wants to Use Cash Collateral Until Sept. 30
------------------------------------------------------
Save Most Desert Rancho, Ltd., asks the U.S. Bankruptcy Court for
the Central District of California to approve a stipulation with
JPMorgan Chase Bank, N.A., extending the use of cash collateral
until Sept. 30, 2013.

According to the Debtor, this is the third extension for the use
of cash collateral.

As reported in the Troubled Company Reporter on July 24, 2013, the
Court authorized the Debtor to use cash collateral of JPMorgan
until Aug. 31.

As reported in the TCR on Feb. 7, 2013, JPMorgan will be granted,
to the extent of the amount of cash collateral used by the Debtor
pursuant to the order, a first priority replacement lien in (a)
all prepetition and postpetition rents; (b) all leases and
occupancy agreements affecting the Debtor's Laguna Hills property;
and (c) all associated proceeds and products.

                   About Save Most Desert Rancho

Save Most Desert Rancho, Ltd., filed a Chapter 11 petition (Bankr.
C.D. Cal. Case No. 12-23173) in Santa Ana, California on Nov. 15,
2012.  The Laguna Hills-based company disclosed $10,134,997 in
assets and $14,874,770 in liabilities as of the Chapter 11 filing.
The petition was signed by Charles Kaminskas for Brighton Park,
LP, general partner.  Michael G. Spector, Esq., and Vicki L.
Schennum, Esq., at The Law Offices of Michael G. Spector, in Santa
Ana, Calif., represent the Debtor as Chapter 11 insolvency
counsel.

Michael D. Testan, Esq., represents JPMorgan.


SB PARTNERS: Delays Q2 Form 10-Q to Complete Audit
--------------------------------------------------
SB Partners has delayed the filing of its quarterly report on Form
10-Q for the period ended June 30, 2013.

SB Partners has a 30 percent non-controlling interest in Sentinel
Omaha, LLC, an affiliate of the Company's general partner.  The
investment in Omaha is accounted for at fair value.  Earlier this
year, the controller for Omaha informed the Company that, due to
open issues, Omaha's auditors would be unable to complete their
audit and issue an audit opinion for calendar year 2012 until late
August 2013.

"Because the investment in Omaha constitutes a significant portion
of the assets of the Company, Company's auditors are required to
review both the financial statements of Omaha and the related
workpapers prepared by Omaha's auditors after the audit work of
Omaha is completed," John H. Zoeller, vice president and chief
financial officer, said in a regulatory filing with the U.S.
Securities and Exchange Commission.  "Until the Company's auditors
perform their review of the Omaha audit, the Company's auditors
cannot issue an audited opinion on the Company's financial
statements for the period ending Dec. 31, 2012.  As a result, the
Company was not able to file its form 10-K for the period ending
Dec. 31, 2012, timely and filed form 10-K NT," he added.

The Company anticipates filing the form 10-K for the year ended
Dec. 31, 2012, and form 10-Q for the period ending June 30, 2013,
shortly after the Omaha audit for Dec. 31, 2012, is complete.

The Company expects to report a net loss of $296,015 on $626,103
of total revenues for the three months ended June 30, 2013, as
compared with a net loss of $261,154 on $642,766 of total revenues
for the same period last year.

                         About SB Partners

Milford, Conn.-based SB Partners is a New York limited partnership
engaged in acquiring, operating and holding for investment a
varying portfolio of real estate interests.  As of June 30,
2010, the partnership owns an industrial flex property in Maple
Grove, Minnesota and warehouse distribution centers in Lino Lakes,
Minnesota and Naperville, Illinois.

The Company has a 30 percent interest in Sentinel Omaha, LLC.
Sentinel Omaha is a real estate investment company which currently
owns 24 multifamily properties and 1 industrial property in 17
markets.  Sentinel Omaha is an affiliate of the partnership's
general partner.


SCIENTIFIC LEARNING: Incurs $54,000 Net Loss in Second Quarter
--------------------------------------------------------------
Scientific Learning Corporation filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
a net loss of $54,000 on $5.33 million of total revenues for the
three months ended June 30, 2013, as compared with a net loss of
$3.14 million on $7.14 million of total revenues for the same
period last year.

For the six months ended June 30, 2013, the Company incurred a net
loss of $1.05 million on $10.80 million of total revenues, as
compared with a net loss of $8.17 million on $14.23 million of
total revenues for the same period a year ago.

The Company's balance sheet at June 30, 2013, showed $11.90
million in total assets, $17.74 million in total liabilities and a
$5.83 million net capital deficiency.

A copy of the Form 10-Q is available for free at:

                         http://is.gd/BgQA0Z

                  About Scientific Learning Corp

Scientific Learning is an education company.  The Company
accelerates learning by applying proven research on how the brain
learns in online and on-premise software solutions.  The Company
provides its learning solutions primarily to United States K-12
schools in traditional brick-and-mortar, virtual or blended
learning settings and also to parents and learning centers, in
more than 40 countries around the world.  The Company's sales are
concentrated in K-12 schools in the U.S., which in during the year
ended December 31, 2011 were estimated to total over 116,000
schools serving approximately 55 million students in almost 14,000
school districts. During the year ended Dec. 31, 2011, the K-12
sector accounted for 87% of the sales of the Company.

The Company reported a net loss of $9.65 million in 2012, as
compared with a net loss of $6.47 million in 2011.

In its report on the Company's consolidated financial statements
for the year ended Dec. 31, 2012, Ernst & Young, LLP, in San Jose,
Cal., expressed substantial doubt Scienfic Learning's ability to
continue as a going concern, citing the Company's recurring losses
from operations, deficiency in working capital and its need to
raise additional capital.


SCOOTER STORE: Texas Counties Assert $35,000 in Unpaid Tax Liens
----------------------------------------------------------------
Law360 reported that three Texas counties earlier this month urged
a Delaware bankruptcy judge to reject Scooter Store Holdings
Inc.'s bid for final relief orders, saying that the Scooter Store
still owes them $35,000 in unpaid tax liens.

According to the report, the objection, jointly filed by Dallas,
Harris and Nueces counties, was raised against Scooter Store's bid
for final orders authorizing cash collateral.  The counties said
that the Texas-based scooter and wheelchair seller still owes
$35,000 in first priority tax liens and that they must take
priority in the proceedings, the report related.

On Monday, Scooter Store won court authority to use cash
collateral after a deal was reached with unsecured creditors.

                      About The Scooter Store

The Scooter Store is a supplier of power mobility solutions,
including power wheelchairs, scooters, lifts, ramps, and
accessories.  The Scooter Store's products and services provide
today's seniors and disabled persons potential alternatives to
living in nursing homes or other care facilities.  Headquartered
in New Braunfels, Texas, the Scooter Store has a nationwide
network of distribution centers that service products owned or
leased by the Company's customers.  It has 57 distribution
centers in 41 states.

Scooter Store Holdings Inc., and 71 affiliates filed for Chapter
11 bankruptcy (Bankr. D. Del. Lead Case No. 13-10904) in
Wilmington.  The closely held company listed assets of less than
$10 million and debt of more than $50 million.

Affiliates of private equity firm Sun Capital Partners, based in
Boca Raton, Florida, purchased a majority voting interest in the
debtors in 2011.  Scooter Store is 66.8 percent owned by Sun
Capital Partners Inc., owed $40 million on a third lien.  In
addition to Sun's debt and $25 million on a second lien owing to
Crystal Financial LLC, there is a $25 million first-lien revolving
credit owing to CIT Healthcare LLC as agent.  Crystal is providing
$10 million in financing for bankruptcy.


SEANERGY MARITIME: Has Until Oct. 28 to Regain NASDAQ Compliance
----------------------------------------------------------------
Seanergy Maritime Holdings Corp. has received a notice from the
Nasdaq Capital Market, dated Aug. 7, 2013, granting the Company an
extension of time until Oct. 28, 2013, to regain compliance with
the NASDAQ Listing Rule 5550(b)(1).

Under the terms of the extension, on or before Oct. 28, 2013, the
Company must furnish to the Securities and Exchange Commission and
NASDAQ a publicly available filing that, among other things,
evidences compliance with the minimum $2.5 million stockholders'
equity requirement.  In the event the Company does not satisfy the
terms of the extension, the Company expects to be notified that
its securities will be subject to delisting.  At that time, the
Company may appeal NASDAQ's determination to a Hearings Panel.

The Company is working on implementing a plan that it will enable
to regain compliance with the NASDAQ Listing Rule 5550(b)(1) by
Oct. 28, 2013.

This notification has no effect on the listing status of the
Company's common stock at this time.

                           About Seanergy

Athens, Greece-based Seanergy Maritime Holdings Corp. is an
international company providing worldwide seaborne transportation
of dry bulk commodities.  The Company owns and operates a fleet
of seven dry bulk vessels that consists of three Handysize, two
Supramax and two Panamax vessels.  Its fleet carries a variety of
dry bulk commodities, including coal, iron ore, and grains, as
well as bauxite, phosphate, fertilizer and steel products.

In its audit report on the consolidated financial statements for
the year ended Dec. 31, 2012, Ernst & Young (Hellas) Certified
Auditors Accountants S.A., in Athens, Greece, expressed
substantial doubt about Seanergy Maritime's ability to continue
as a going concern.  The independent auditors noted that the
Company has not complied with the principal and interest
repayment schedule and with certain covenants of its loan
agreements, which in turn gives the lenders the right to call the
debt.  "In addition, the Company has a working capital deficit,
recurring losses from operations, accumulated deficit and
inability to generate sufficient cash flow to meet its
obligations and sustain its operations."

The Company reported a net loss of US$193.8 million on US$55.6
million of net vessel revenue in 2012, compared with a net loss
of US$197.8 million on US$104.1 million of net vessel revenue in
2011.

As of March 31, 2013, the Company had US$93.01 million in total
assets, US$193.56 million in total liabilities and a US$100.54
million total deficit.


SEVEN COUNTIES: Has Authority to Employ CCRE as Realtor
-------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Kentucky,
Louisville Division, authorized Seven Counties Services, Inc., to
employ Commonwealth Commercial, Inc., as realtor.

As realtor, CCRE will list and market properties that the Debtor
identifies for sale or lease during the pendency of their Chapter
11 cases.  The Debtor says it needs the services of a realtor to
enable the estate to obtain maximum value for its real estate.

                        About Seven Counties

Seven Counties Services Inc., a not-for-profit behavioral
services provider from Louisville, Kentucky, filed for Chapter 11
protection (Bankr. W.D. Ky. Case No. 13-31442) in the hometown
on April 4, 2013.  The petition was signed by Anthony M. Zipple as
president/CEO.  The Debtor scheduled assets of $45,603,716 and
scheduled liabilities of $232,598,880.  Seiller Waterman LLC
serves as the Debtor's counsel.  Judge Joan A. Lloyd presides over
the case.

The agency generates more than $100 million a year in revenue and
employs a staff of 1,400 providing services at 21 locations and
120 schools and community centers.


SEVEN COUNTIES: Seeks to Employ Deming Malone as Auditor
--------------------------------------------------------
Seven Counties Services, Inc., seeks authority from the U.S.
Bankruptcy Court for the Western District of Kentucky, Louisville
Division, to employ Deming Malone Livesay & Ostroff CPAs as
auditor to conduct reviews of the Debtor's financial reporting and
employee benefits packages.

The Debtor discloses that prior to the Petition Date it issued a
check in the amount of $8,340 to DMLO.  The Debtors also paid DMLO
in the amount of $17,000 for services rendered since the Petition
Date.

David M. Cantor, Esq. -- cantor@derbycitylaw.com -- Neil C. Bordy,
Esq. -- bordy@derbycitylaw.com -- Charity B. Neukomm, Esq. --
neukomm@derbycitylaw.com -- Tyler R. Yeager, Esq. --
yeager@derbycitylaw.com -- and James E. McGhee III, Esq. --
mcghee@derbycitylaw.com -- at SEILLER WATERMAN LLC, in Louisville,
Kentucky, represent the Debtor.

                        About Seven Counties

Seven Counties Services Inc., a not-for-profit behavioral
services provider from Louisville, Kentucky, filed for Chapter 11
protection (Bankr. W.D. Ky. Case No. 13-31442) in the hometown
on April 4, 2013.  The petition was signed by Anthony M. Zipple as
president/CEO.  The Debtor scheduled assets of $45,603,716 and
scheduled liabilities of $232,598,880.  Seiller Waterman LLC
serves as the Debtor's counsel.  Judge Joan A. Lloyd presides over
the case.

The agency generates more than $100 million a year in revenue and
employs a staff of 1,400 providing services at 21 locations and
120 schools and community centers.


SHILO INN: Aug. 27 Hearing on Extension of Lease Decision Period
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California
will convene a hearing on Aug. 27, 2013, at 11 a.m., to consider
Shilo Inn, Twin Falls, LLC's motion for extension of time to
assume or reject non-residential real property leases.

The Debtor, in its motion, requested that the Court extend the
deadline to assume or reject nonresidential real property leases
from Aug. 29, until Nov. 27.

According to the Debtor, the leases are ground leases for the
hotels and hotel operations of Shilo Rose Garden and Shilo Moses
Lake, and are required to operate the hotels.

California Bank & Trust has objected to the Debtor's motion
stating that the Debtors do not really need more time to decide
whether to assume or reject the ground leases for the Rose Garden
and Moses Lake hotels.  CB&T related that the true purpose of the
motion is to promote the Debtors' delay campaign and bolster an
attempt to avoid filing their proposed reorganization plans within
the 120-day exclusivity period.

Additionally, as established in the appraisals of John Gordon
submitted by CB&T in connection with the latest cash collateral
motion, there is no equity in either Rose Garden or Moses Lake,
even with the ground lease assumptions.  Therefore, CB&T will be
able to establish that neither property is necessary for an
effective reorganization and that CB&T must be entitled to relief
from stay to foreclose.

                    About Shilo Inn, Twin Falls

Shilo Inn, Twin Falls, LLC, and six affiliates filed a Chapter 11
petition (Bankr. C.D. Cal. Case No. 13-21601) on May 1, 2013.
Judge Richard M. Neiter presides over the case.  Shilo Inn, Twin
Falls estimated assets of at least $10 million and debts of at
least $1 million.

Shilo Inn, Twin Falls; Shilo Inn, Nampa Blvd, LLC; Shilo Inn,
Newberg, LLC; Shilo Inn, Seaside East, LLC, Shilo Inn, Moses Lake,
Inc.; and Shilo Inn, Rose Garden, LLC each operates and owns a
hotel.  California Bank and Trust is the primary, senior secured
lender for each of the Debtors.

The Debtors sought Chapter 11 protection after CBT on May 1, 2013,
filed for receiverships in district court.

David B. Golubchick, Esq., at Levene, Neale, Bender, Yoo & Brill
LLP, represents the Debtor in its restructuring effort.


SHOTWELL LANDFILL: Ragsdale Liggett to Handle Wake County Matters
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of North
Carolina, according to Shotwell Landfill, Inc.'s case docket,
authorized the Debtor to employ William W. Pollock, Esq., and
Ragsdale Liggett PLLC as special counsel for a pending matter in
Wake County Superior Court captioned Double "J" Enterprises, Inc.
v. Shotwell Landfill, Inc., David W. King, Jr., and Shelly E.
King.

Mr. Pollock -- BPOLLOCK@RL-LAW.COM -- and the firm will continue
to represent the Debtor in the matter.  Mr. Pollock and the firm
have performed a variety of legal work for the Debtor for many
years.

Mr. Pollock and the firm are owed $140,585 for prepetition work
and expenses.  Mr. Pollock and the firm are owed $1,026 by the
Debtor for postpetition work and expenses.

As reported in the Troubled Company Reporter on Aug. 6, 2013, the
firm's rates are:

     Professional               Rates
     ------------               -----
     Partners               $325 per hour
     Associates             $165 per hour
     Paralegals             $125 per hour

Mr. Pollock attests that it is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code

                    About Shotwell Landfill, Inc.

Raleigh, North Carolina-based Shotwell Landfill, Inc., filed a
Chapter 11 petition (Bankr. E.D.N.C. Case No. 13-02590) in
Wilson on April 19, 2013.  The Debtor disclosed $23,027,736 in
assets and $10,039,308 in liabilities as of the Chapter 11 filing.
William P. Janvier, Esq., at the Janvier Law Firm, PLLC,
represents the Debtor as counsel.

The Bankruptcy Administrator was unable to appoint an official
committee of unsecured creditors in the Debtor's case.


SHOTWELL LANDFILL: Files Amended Schedules of Assets & Liabilities
------------------------------------------------------------------
Shotwell Landfill, Inc., Shotwell Landfill, Inc., filed with the
U.S. Bankruptcy Court for the Eastern District of North Carolina
on Aug. 5, 2013, amended schedules of its assets and liabilities,
disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                $2,900,000
  B. Personal Property           $20,127,736
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                                $9,675,268
  E. Creditors Holding
     Unsecured Priority
     Claims                                                $0
  F. Creditors Holding
     Unsecured Non-priority
     Claims                                          $363,389
                                  -----------     -----------
        TOTAL                     $23,027,736     $10,038,658

A copy of the schedules is available for free at:

           http://bankrupt.com/misc/shotwell.doc85-1.pdf

                    About Shotwell Landfill, Inc.

Raleigh, North Carolina-based Shotwell Landfill, Inc., filed a
Chapter 11 petition (Bankr. E.D.N.C. Case No. 13-02590) in
Wilson on April 19, 2013.  The Debtor estimated $10 million to
$50 million in assets and liabilities.  William P. Janvier, Esq.
at the Janvier Law Firm, PLLC, represents the Debtor as counsel.
William W. Pollock, Esq., at Ragsdale Liggett PLLC, represents the
Debtor as special counsel.


SHOTWELL LANDFILL: Offers to Fully Pay Creditors in Installments
----------------------------------------------------------------
Shotwell Landfill, Inc., filed with the U.S. Bankruptcy Court for
the Eastern District of North Carolina a disclosure statement for
the Debtor's proposed Chapter 11 Plan, filed Aug. 16, 2013.

Branch Bank & Trust has filed a proof of claim in the amount of
$13.7 million.  The claim amount is disputed.  Pursuant to the
Plan, the Allowed Secured Claim of BB&T in Class 3 will be placed
in current, non-default status and re-amortized over 25 years with
interest at the Secured Rate.  The Debtor will make monthly
payments according to such amortization.  The Debtor anticipates
that Branch Bank & Trust's Class 3 Claim will be $2,900,000.

BB&T's Allowed Unsecured Claim in Class 6 will be amortized over
25 years at the Unsecured Rate, or such amortization and rate as
the Court finds necessary for confirmation.  The Debtor will make
monthly payments according to such amortization.  The Debtor
anticipates that the Class 6 Claim will be less than $6,700,000.

Allowed Unsecured Claims of less than $5,000 in Class 7 will be
paid in full 90 days after the Effective Date.  The Debtor
anticipates that the Class 7 Claims will be less than $5,500.

Allowed General Unsecured Claims in Class 8 will receive quarterly
installments of $30,000 to be split pro rata among Allowed Claims
in Class 8 until paid in full.  The Debtor anticipates Class 8
Claims will be less than $360,000.  Class 8 claimants have filed
proofs of claim totaling $200,637.03.

The existing Allowed Equity Interests in the Debtor in Class 9
will remain the same as prepetition.

A copy of the Disclosure Statement is available at:

        http://bankrupt.com/misc/shotwelllandfill.doc99.pdf

                    About Shotwell Landfill, Inc.

Raleigh, North Carolina-based Shotwell Landfill, Inc., operates
landfill in located in Wendell, N.C.  The Company filed a
Chapter 11 petition (Bankr. E.D.N.C. Case No. 13-02590) in
Wilson on April 19, 2013.  The Debtor estimated $10 million to
$50 million in assets and liabilities.  William P. Janvier, Esq.
at the Janvier Law Firm, PLLC, represents the Debtor as counsel.
William W. Pollock, Esq., at Ragsdale Liggett PLLC, represents the
Debtor as special counsel.


SIERRA NEGRA: Global Water Objects to Approval of 3rd Amended DS
----------------------------------------------------------------
Sierra Negra Ranch, LLC, filed with the U.S. Bankruptcy Court for
the District of Nevada a Third Amended Disclosure Statement for
the Debtor's Third Amended Plan of Reorganization. Global Water
Resources, Inc.

According to the Third Amended Disclosure Statement, the Plan
contemplates the full payment of all Allowed Claims and the amount
to cure the Infrastructure Agreement with Global Water Resources,
Inc., from the revenue generated by the farming leases on the Real
Property combined with a potential sale of a portion of the Real
Property, along with capital raised through the Shareholders'
Rights Offering of $5,807,500 of Series A Preferred Shares of
Limited-Liability Company Interest.

The Debtor believes that its projected revenues are sufficient to
satisfy all of its obligations under the Plan.  According to the
Debtor, as of the date of the filing of this Disclosure Statement,
it has raised a sum in excess of $2,558,020, and is confident that
it will raise an additional sum of no less than $2,000,000 through
the Offering.  According to papers filed with the Court, the
Debtor anticipates that it will sell, prior to the Payoff Date,
approximately 100 acres of the Real Property, which will generate
Sale Proceeds in the approximate sum of $800,000 to $1,000,000.

According to the Debtor, it is on track to have sufficient funds
available to it to meet its obligations under the Plan and the
Omnibus Order, whether the Court determines that the amount to
cure the Infrastructure Agreement is the full amount claimed by
Global which is $4,621,728.38 as of the Petition Date (an amount
with which Debtor disagrees).

The Omnibus Order, entered on July 25, 2013, provides that the
Cure amount due under the Infrastructure Agreement must be paid
four (4) months following the Effective Date of the Plan, but not
later than March 21, 2014.

The Global Claim is comprised of $2,802,156 in EDU fees, fees and
costs of $179,947.84 incurred in the arbitration, interest of
$1,596,736.01 through July 17, 2012, additional interest of
$42,893.21 through the Petition Date, plus claimed interest and
fees and costs incurred since the Petition Date.  The Debtor tells
the Court that while a dispute exists between it and Global as to
the Cure Amount, it will have more than sufficient funds by March
21, 2014, to satisfy the Cure Amount.

A copy of the Debtor's Third Amended Disclosure Statement is
available at http://bankrupt.com/misc/sierranegra.doc364.pdf

                     Global Water's Objection

Global Water Resources, Inc., by and through its counsel, Snell &
Wilmer, L.L.P., objects to the approval of the Debtor's Third
Amended Disclosure Statement, and asks the Bankruptcy Court to
authorize it to lodge an order converting the Debtor's case to a
case under Chapter 7 of the Bankruptcy Code unless Global receives
the cure amount of $5,408,268.22 on or before 5:00 p.m. on
Aug. 30, 2013.

According to papers filed with the Court, instead of paying the
Cure Amount in full, in cash, on or before March 21, 2014, as
ordered by the Bankruptcy Court on July 11, the Debtor proposes to
satisfy the claim with numerous deductions and offsets, and
proposes to make the payment subject to certain conditions and
third party approvals.  Global says this "Last Chance Plan" is not
designed to satisfy its claim but, instead, is designed to lead to
more delays and more litigation.

Further, according to Global, the Debtor's "Last Chance Disclosure
Statement" only adds two more paragraphs regarding the funding of
the Plan and offers no proof of this funding, other than
statements such as the Debtor is "confident it will raise an
additional sum of no less than $2,000,000."

A copy of Global's objection to the Debtor's Third Amended
Disclosure Statement is available at:

          http://bankrupt.com/misc/sierranegra.doc372.pdf

Counsel for Global Water can be reached at:

         Robert R. Kinas, Esq.
         Blakeley E. Griffith, Esq.
         Charles E. Gianelloni, Esq.
         SNELL & WILMER L.L.P.
         3883 Howard Hughes Parkway, Suite 1100
         Las Vegas, NV 89169
         Tel: (702) 784-5200
         Fax: (702) 784-5252
         E-mail: rkinas@swlaw.com
                 bgriffith@swlaw.com
                 cgianeloni@swlaw.com

                   About Sierra Negra Ranch

Las Vegas, Nevada-based Sierra Negra Ranch, LLC, is a limited
liability company organized in November 2004 to purchase an
aggregate of approximately 2,757.5 acres of undeveloped land in
the Tonopah area of incorporated Maricopa County, west of Phoenix,
Arizona.  It filed a bare-bones Chapter 11 petition (Bankr. D.
Nev. Case No. 12-19649) in Las Vegas on Aug. 21, 2012.  Candace C.
Clark, Esq., Gerald M. Gordon, Esq., Kirk D. Homeyer, Esq., and
Mark M. Weisenmiller, Esq., at Gordon Silver, in Las Vegas, Nev.,
represent the Debtor as counsel.

In its amended schedules, the Debtor disclosed $26,197,986 in
total assets and $4,801,931 in total liabilities.  The Debtor is
"Single Asset Real Estate" as defined in 11 U.S.C. Sec 101(51B)
and its asset is located in Maricopa County, Arizona.


SILVERSUN TECHNOLOGIES: Posts $62,000 Net Income in 2nd Quarter
---------------------------------------------------------------
Silversun Technologies, Inc., filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
net income of $62,185 on $3.87 million of net total revenues for
the three months ended June 30, 2013, as compared with a net loss
of $334,031 on $3.07 million of net total revenues for the same
period last year.

For the six months ended June 30, 2013, the Company posted net
income of $177,715 on $7.91 million of net total revenues, as
compared with a net loss of $1.04 million on $5.98 million of net
total revenues for the same period during the prior year.

The Company's balance sheet at June 30, 2013, showed $2.58 million
in total assets, $3.18 million in total liabilities, all current,
and a $599,480 of total stockholders' deficit.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/xMVcTN

                         About SilverSun

Livingston, N.J.-based SilverSun Technologies, Inc., formerly
known as Trey Resources, Inc., focuses on the business software
and information technology consulting market, and is looking to
acquire other companies in this industry.  SWK Technologies, Inc.,
the Company's subsidiary and the surviving company from the
acquisition and merger with SWK, Inc., is a New Jersey-based
information technology company, value added reseller, and master
developer of licensed accounting and financial software published
by Sage Software.  SWK  Technologies also publishes its own
proprietary supply-chain software, the Electronic Data Interchange
(EDI) solution "MAPADOC."  SWK Technologies sells services and
products to various end users, manufacturers, wholesalers and
distribution industry clients located throughout the United
States, along with network services provided by the Company.

As reported in the TCR on April 2, 2011, Friedman LLP, in East
Hanover, NJ, expressed substantial doubt about Trey Resources,
Inc.'s ability to continue as a going concern, following the
Company's 2010 results.  The independent auditors noted that the
Company has incurred substantial accumulated deficits and
operating losses, and at Dec. 31, 2010, has a working capital
deficiency of approximately $5.1 million.


SL GREEN: Moody's Affirms 'Ba1' Sr. Debt Rating; Outlook Stable
---------------------------------------------------------------
Moody's Investors Service affirmed SL Green's senior unsecured
rating at Ba1 with a stable outlook.

The following ratings were affirmed:

SL Green Realty Corporation

* senior secured shelf at (P)Baa3
* senior unsecured debt at Ba1
* senior unsecured shelf at (P)Ba1
* subordinate shelf at (P)Ba2
* junior subordinate shelf at (P)Ba2
* preferred stock at Ba2
* preferred shelf at (P)Ba2

SL Green Operating Partnership L.P.

* senior secured shelf at (P)Baa3
* senior unsecured shelf at (P)Ba1
* subordinate shelf at (P)Ba2
* junior subordinate shelf at (P)Ba2
* preferred shelf at (P)Ba2

Reckson Operating Partnership L.P.

* senior secured shelf at (P)Baa3
* senior unsecured debt at Ba1
* senior unsecured shelf at (P)Ba1
* subordinate shelf at (P)Ba2
* junior subordinate shelf at (P)Ba2

Ratings Rationale:

This rating action reflects SL Green's high quality portfolio of
primarily Manhattan real estate, good quality unencumbered asset
pool and stable credit metrics. Moody's expects the REIT to
maintain strong occupancy in its Manhattan portfolio (94.4% on a
same store basis for H1'13 inclusive of JVs) and to improve its
suburban occupancy (80.2% for the same period). Moody's also
acknowledges SL Green's strong liquidity and conservative FFO
payout. Positively, the REIT's fixed charge coverage (inclusive of
JVs) also improved in 2013.

Counterbalancing these strengths, the REIT's net debt/EBITDA is
material at 8.2x (including pro rata share of JVs), and its
secured debt is high at 38.4% (pro rata for joint ventures). In
addition, SL Green's unencumbered asset pool is limited at 33% of
gross assets (inclusive of cash), although the REIT has been
adding to it recently.

The stable rating outlook incorporates Moody's expectation that SL
Green will continue its strong operating performance and maintain
its defensive credit metrics.

Upward rating momentum would be predicated upon a material
increase in SLG's unencumbered assets (over 40% of gross assets)
while maintaining strong unencumbered EBITDA to unsecured interest
expense (over 3.0x), a material reduction in overall secured debt
(closer to 20% of gross assets), net debt to recurring EBITDA
below 7.0x and fixed charge coverage over 2.4x on a sustained
basis (all metrics inclusive of its proportionate share of joint
ventures).

Negative rating pressure would occur from effective leverage (debt
plus preferred as a percentage of gross assets) approaching 55%,
net debt to EBITDA increasing closer to 9.0x, secured debt rising
above 40% or fixed charge coverage falling below 1.7x (all metrics
inclusive of SLG's proportionate share of joint ventures). The
ratings would also be pressured should SLG's unencumbered assets
to gross assets decline materially from existing levels.

The principal methodology used in this rating was Global Rating
Methodology for REITs and Other Commercial Property Firms
published in July 2010.

SL Green Realty Corporation [NYSE: SLG] is a real estate
investment trust (REIT) focused primarily on acquiring, managing
and maximizing value of Manhattan commercial properties. As of
June 30, 2013, SL Green owned interests in 87 Manhattan properties
totaling 42.8 million square feet. This included ownership
interests in 28.1 million square feet of commercial properties and
debt and preferred equity investments secured by 14.7 million
square feet of properties. At June 30, 2013, SL Green's assets
totaled $14.4 billion and its equity was $6.7 billion.


SOUND SHORE: Patient Care Ombudsman Can Hire Neubert as Counsel
---------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York
authorized Sound Shore Medical Center of Westchester, et al., to
employ Neubert, Pepe & Monteith, P.C., as counsel, for Daniel T.
McMurray, the patient care ombudsman.

                        About Seven Counties

Seven Counties Services Inc., a not-for-profit behavioral
services provider from Louisville, Kentucky, filed for Chapter 11
protection (Bankr. W.D. Ky. Case No. 13-31442) in the hometown
on April 4, 2013.  The petition was signed by Anthony M. Zipple as
president/CEO.  The Debtor scheduled assets of $45,603,716 and
scheduled liabilities of $232,598,880.  Seiller Waterman LLC
serves as the Debtor's counsel.  Judge Joan A. Lloyd presides over
the case.

The agency generates more than $100 million a year in revenue and
employs a staff of 1,400 providing services at 21 locations and
120 schools and community centers.


SPECIALTY PRODUCTS: Loses Bid to Stay $1.1-Bil. Asbestos Ruling
---------------------------------------------------------------
Law360 reported that Specialty Products Holding Corp. lost its bid
to stay a Delaware bankruptcy court's decision pegging its
asbestos-related liability at $1.1 billion while it attempts to
appeal the ruling directly to the Third Circuit.

According to the report, U.S. Bankruptcy Judge Peter J. Walsh
denied Specialty Products' motion to hold off on that
determination or at least to suspend any proceedings based on it,
rebuffing arguments that Specialty Products would likely succeed
with its "substantial and strong" appeal.

                     About Specialty Products

Cleveland, Ohio-based Specialty Products Holdings Corp., aka RPM,
Inc., is a wholly owned subsidiary of RPM International Inc.  The
Company is the holding company parent of Bondex International,
Inc., and the direct or indirect parent of certain additional
domestic and foreign subsidiaries.  The Company claims to be a
leading manufacturer, distributor and seller of various specialty
chemical product lines, including exterior insulating finishing
systems, powder coatings, fluorescent colorants and pigments,
cleaning and protection products, fuel additives, wood treatments
and coatings and sealants, in both the industrial and consumer
markets.

The Company filed for Chapter 11 bankruptcy protection (Bankr. D.
Del. Case No. 10-11780) on May 31, 2010.  Gregory M. Gordon, Esq.,
Dan B. Prieto, Esq., and Robert J. Jud, Esq., at Jones Day, serve
as bankruptcy counsel.  Daniel J. DeFranceschi, Esq., and Zachary
I. Shapiro, Esq., at Richards Layton & Finger, serve as co-
counsel.  Logan and Company is the Company's claims and notice
agent.  The Company estimated its assets and debts at $100 million
to $500 million.

The Company's affiliate, Bondex International, Inc., filed a
separate Chapter 11 petition on May 31, 2010 (Case No. 10-11779),
estimating its assets and debts at $100 million to $500 million.

On May 20, 2013, the Bankruptcy Court entered an order estimating
the amount of the Debtors' asbestos liabilities, and a related
memorandum opinion in support of the estimation order.  The
Bankruptcy Court estimated the current and future asbestos claims
associated with Bondex International, Inc. and Specialty Products
Holding at approximately $1.17 billion.  The estimation hearing
represents one step in the legal process in helping to determine
the amount of potential funding for a 524(g) asbestos trust.


SPEEDEMISSIONS INC: Had $111,400 Net Loss in Second Quarter
-----------------------------------------------------------
Speedemissions, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $111,490 on $1.77 million of revenue for the three months ended
June 30, 2013, as compared with a net loss of $75,967 on $1.98
million of revenue for the same period during the prior year.

For the six months ended June 30, 2013, the Company incurred a net
loss of $382,263 on $3.65 million of revenue, as compared with a
net loss of $192,749 on $3.90 million of revenue for the same
period last year.

As of June 30, 2013, the Company had $2.50 million in total
assets, $2.08 million in total liabilities, $4.57 million in
series A convertible, redeemable preferred stock, and a $4.15
million total shareholders' deficit.

"Our revenues for the quarter and six-month period ended June 30,
2013 and the fiscal year ended December 31, 2012 were below our
expectations and internal forecasts primarily as a result of fewer
vehicle emissions tests and safety inspections being performed at
our stores.  Our revenues for these periods have been insufficient
to attain profitable operations and to provide adequate levels of
cash flow from operations.  Our near term liquidity and ability to
continue as a going concern is dependent on our ability to
generate sufficient revenues from our store operations to provide
sufficient cash flow from operations to pay our current level of
operating expenses, to provide for inventory purchases and to
reduce past due amounts owed to vendors and service providers.  No
assurances may be given that the Company will be able to achieve
sufficient levels of revenues in the near term to provide adequate
levels of cash flow from operations.  As a result of the Company's
history of losses and financial condition, there is substantial
doubt about the ability of the Company to continue as a going
concern," the Company said in the quarterly report.

After auditing the 2011 results, Habif, Arogeti & Wynne, LLP, in
Atlanta, Georgia, expressed substantial doubt about
Speedemissions' ability to continue as a going concern.  The
independent auditors noted that the Company has suffered recurring
losses from operations and has a capital deficiency.

A copy of the Form 10-Q is available for free at:

                        http://is.gd/tHXnIY

                        About Speedemissions

Tyrone, Georgia-based Speedemissions, Inc., is a test-only
emissions testing and safety inspection company.

The Company reported a net loss of $281,723 for the nine months
ended Sept. 30, 2012.  The Company reported a net loss of $1.6
million in 2011, compared with a net loss of $2.2 million in 2010.


SPIRE CORP: Incurs $1.7 Million Net Loss in Second Quarter
----------------------------------------------------------
Spire Corporation filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $1.78 million on $3.57 million of total net sales and revenues
for the three months ended June 30, 2013, as compared with a net
loss of $1.82 million on $6.62 million of total net sales and
revenues for the same period last year.

For the six months ended June 30, 2013, the Company reported a net
loss of $4.41 million on $6.81 million of total net sales and
revenues, as compared with net income of $1.54 million on $14.09
million of total net sales and revenues for the same period during
the prior year.

The Company reported a net loss of $1.9 million on total net sales
and revenues of $22.1 million in 2012, compared with a net loss of
$1.5 million on total net sales of $58.7 million in 2011.

As of June 30, 2013, the Company had $13.46 million in total
assets, $10.15 million in total liabilities and $3.31 million in
total stockholders' equity.

A copy of the Form 10-Q is available for free at:

                         http://is.gd/T13CVI

                          About Spire Corp

Bedford, Massachusetts-based Spire Corporation currently develops,
manufactures and markets customized turn-key solutions for the
solar industry, including individual pieces of manufacturing
equipment and full turn-key lines for cell and module production
and testing.

McGladrey LLP, in Boston, Massachusetts, expressed substantial
doubt about Spire Corporation's ability to continue as a going
concern.  The independent auditors noted that during the year
ended Dec. 31, 2012, the Company incurred a loss from continuing
operations of $4.8 million and continuing operating cash flows
used $6.9 million in cash.  In addition, the independent auditors
noted that the Company's credit agreements are due to expire on
June 29, 2013.


STELERA WIRELESS: Wants MOHL as Additional Bankruptcy Counsel
-------------------------------------------------------------
Stelera Wireless, LLC, asks the U.S. Bankruptcy Court for the
Western District of Oklahoma for authorization to employ Jeffrey
A. Tate, Esq., and other attorneys at Mulinix Ogden Hall & Ludlam
("MOHL") as additional bankruptcy counsel, retroactive to July 18.

The professional services which MOHL is to render will include:

  (a) To give Debtor legal advice with respect to its powers,
duties and obligations as Debtor in Possession in the operation of
its business and management of its assets.

  (b) To advise Debtor regarding the conduct of this Chapter 11
case, including the legal and administrative requirements of a
Chapter 11 case.

  (c) To participate in meetings and negotiations with creditors
and other parties in interest.

  (d) To evaluate litigation matters and if necessary participate
in the prosecution or defense of such matters.

  (e) To prepare, on debtor's behalf, such pleadings,
applications, motions, answers, orders, reports and other legal
papers as may be necessary during the conduct of these
proceedings.

  (f) To participate in any asset sales as needed by the Debtor.

  (g) To aid in Debtor's reporting responsibilities.

  (h) To perform and provide all such other and further legal
services for Debtor as may be necessary during the conduct of
these proceedings.

MOHL's current hourly rates are:

     Members:              $330 to $350
     Associates:           $150 to $200
     Paraprofessionals         $75

Prior to the Petition Date, MOHL received $20,997 for fees and
expenses in advising the Debtor and preparing for the filing of
its Chapter 11 Petition and related documents.

MOHL believes it is a "disinterested person," as defined in 11
U.S.C. Section 101(14).

Stelera Wireless, LLC, filed a Chapter 11 petition (Bankr. W.D.
Okla. Case No. 13-13267) on July 18, 2013.  Tim Duffy signed the
petition as chief technology officer/manager.  Judge Niles L.
Jackson presides over the case.  The Debtor estimated assets and
debts of at least $10 million.  Christensen Law Group, PLLC,
serves as the Debtor's primary counsel.  Mulinix Ogden Hall &
Ludlam, PLLC, serves as additional bankruptcy counsel.


STELERA WIRELESS: Wants to Hire CLG as Primary Bankruptcy Counsel
-----------------------------------------------------------------
Stelera Wireless, LLC, asks the U.S. Bankruptcy Court for the
Western District of Oklahoma for authorization to employ
Christensen Law Group, P.L.L.C., to act as primary counsel to the
Debtor, retroactive to July 18.

J. Clay Christensen, Esq., D. Michael O'Neil, Esq., and Jonathan
M. Miles, Esq., will be primarily responsible for CLG's bankruptcy
representation of the Debtor in this matter.

The professional services CLG will be required to render include,
in special counsel role, local and conflicts counsel with an eye
toward not duplicating effort with Jeffrey Tate, Esq., of Mulinix,
Ogden, Hall, Andrews & Ludlam, but are not limited to:

  (a) advising the Debtor with respect to its powers and duties as
debtor-in-possession;

  (b) advising and consulting on the conduct of this Chapter 11
case, including all of the legal and administrative requirements
of operating in Chapter 11;

  (c) attending meetings and negotiating with representatives of
creditors and other parties in interest;

  (d) taking all necessary actions to protect and preserve the
Debtor's estate, including prosecuting actions on the Debtor's
behalf, if needed, defending any actions commenced against the
Debtor, if needed, and representing the Debtor in any negotiations
concerning the sale of its property;

  (e) preparing pleadings in connection with the Chapter 11 case,
including motions, applications, answers, draft orders, reports
and other documents necessary or otherwise beneficial to the
administration of the Debtor's estate;

  (f) representing the debtor in connection with obtaining
authority to sell certain property of the estate;

  (g) appearing before the Court and any appellate courts to
represent the interests of the Debtor's estate;

  (h) negotiating and documenting agreements for the Section 363
sale or dispositions of Debtor's primary assets; and

  (i) performing all other necessary legal services for the Debtor
in connection with the prosecution of the Chapter 11 case,
including: (a) analyzing the Debtor's agreement to sell property;
(b) analyzing the Debtor's leases and contracts and the assumption
and assignment or rejection thereof; and (c) analyzing the
validity of liens asserted against the Debtor and its assets; and

CLG's current hourly rates are:

              Partners              $360
              Directors             $350
              Associates            $275
              Paraprofessionals     $150

During the past 3 1/2 months prior to the Petition Date, CLG
received $69,529.50 in fees and expenses in assisting the Debtor
counsel relating to the sale of its assets and relating to this
case.  CLG has received and holds a prepetition unused retainer
for services to be performed and reimbursement of related expenses
in the prosecution of this Chapter 11 case of $158.50.

To the best of the Debtor's knowledge, information and belief, the
Debtor believes that CLG does not hold or represent any interest
adverse to Debtor or its estate, and that CLG is a "disinterested
person" as defined in 11 U.S.C. Sec. 101(14).

Stelera Wireless, LLC, filed a Chapter 11 petition (Bankr. W.D.
Okla. Case No. 13-13267) on July 18, 2013.  Tim Duffy signed the
petition as chief technology officer/manager.  Judge Niles L.
Jackson presides over the case.  The Debtor estimated assets and
debts of at least $10 million.

Christensen Law Group, PLLC, serves as the Debtor's primary
counsel.  Mulinix Ogden Hall & Ludlam, PLLC, serves as additional
bankruptcy counsel.


STELERA WIRELESS: Files Schedules of Assets and Liabilities
-----------------------------------------------------------
Stelera Wireless, LLC, filed with the U.S. Bankruptcy Court for
the Western District of Oklahoma its schedules of assets and
liabilities, disclosing:

                                         Assets        Liabilities
                                      -----------      -----------
A. Real Property                               $0
B. Personal Property                  $18,005,000
C. Property Claimed as Exempt
D. Creditors Holding Secured Claims                    $23,831,615
E. Creditors Holding Unsecured
      Priority Claims                                     $384,256
F. Creditors Holding Unsecured
      Nonpriority Claims                                $6,593,443
                                      -----------      -----------
       Total                          $18,005,000      $30,809,314

A copy of the Schedules is available at:

             http://bankrupt.com/misc/stelera.doc34.pdf

Stelera Wireless, LLC, filed a Chapter 11 petition (Bankr. W.D.
Okla. Case No. 13-13267) on July 18, 2013.  Tim Duffy signed the
petition as chief technology officer/manager.  Judge Niles L.
Jackson presides over the case.  The Debtor estimated assets and
debts of at least $10 million.  Christensen Law Group, PLLC,
serves as the Debtor's primary counsel.  Mulinix Ogden Hall &
Ludlam, PLLC, serves as additional bankruptcy counsel.


STEVE & BARRY'S: Paul Hastings Freed From $50MM Malpractice Case
----------------------------------------------------------------
Law360 reported that a Cerberus Capital Management LP affiliate
has only itself to blame for loaning money for another company to
acquire assets from a bankrupt retailer, a New York state appeals
court ruled, finding that Paul Hastings LLP hadn't dropped the
ball.

According to the report, the Cerberus affiliate, Ableco Finance
LLC, had alleged that its lawyers at Paul Hastings hadn't told it
that the loan wasn't secured by as much of bankrupt retailer Steve
& Barry's inventory as it thought, but the evidence in the case
suggested otherwise.

                        About Steve & Barry's

Headquartered in Port Washington, New York, Steve and Barry's LLC
-- http://www.steveandbarrys.com/-- is a national casual apparel
retailer that offers high quality merchandise at low prices for
men, women and children.  Founded in 1985, the company operates
276 anchor and junior anchor shopping center and mall-based
locations throughout the U.S.  The discount clothing chain's
brands include the BITTEN(TM) collection, the first-ever apparel
line created by actress and global fashion icon Sarah Jessica
Parker, and the STARBURY(TM) collection of athletic and lifestyle
apparel and sneakers created with NBA (R) star Stephon Marbury.

Steve & Barry's LLC, and 63 affiliates filed separate voluntary
petitions under Chapter 11 protection on July 9, 2008 (Bankr.
S.D.N.Y. Lead Case No. 08-12579).  Lori R. Fife, Esq., and Shai
Waisman, Esq., at Weil, Gotshal & Manges, LLP, represent the
Debtors in their restructuring efforts.

Diana G. Adams, United States Trustee for Region 2, has appointed
seven members to the Official Committee of Unsecured Creditors in
the Debtors' Chapter 11 cases.

On Aug. 22, 2008, the Debtors obtained permission from the Court
to sell substantially all of their assets for $168 million to a
joint venture by Bay Harbour Management and York Capital, BHY S&B
Holdings, LLC.  Under the terms of the purchase agreement,
majority of the Debtors' 276 stores will remain open.

Pursuant to the Purchase Agreement, the Court authorized 51
Debtors to change their corporate names.  Lead Debtor Steve &
Barry's Manhattan LLC (Case No. 08-12579) has been changed to
Stone Barn Manhattan LLC.  Parent company Steve & Barry's LLC
(Case No. 08-12615) is now known as Steel Bolt LLC.

When the Debtors filed for bankruptcy, they disclosed $693,492,000
in total assets and $638,086,000 in total debts.


STONE ROSE: Files Disclosure Statement; Metcalf Bank Paid in Full
-----------------------------------------------------------------
Stone rose, LP, filed with the U.S. Bankruptcy Court for the
Northern District of Illinois Friday a disclosure statement dated
Aug. 16, 2013, describing the Debtor's Plan of Liquidation dated
Aug. 16, 2013.

The Plan provides for the transfer of the assets of the Debtor to
a liquidation trust, the liquidation of those assets by the
trustees, and the payment of the claims of creditors and a return
of capital to the limited partners to the extent of the net
proceeds of the liquidation.

The secured claim of Metcalf Bank, the Debtor's only secured
creditor, will be allowed in the amount of $2,117,758.52 as of
April 19, 2013.  Metcalf Bank will be paid in full from the
proceeds of the sale of its collateral, an 82-acre parcel of
vacant land in Wyandotte County, Kansas.  Any proceeds in excess
of the amount required to pay Metcalf Bank will be added to the
proceeds of the liquidation of the Debtor's remaining assets and,
after payment of administrative expenses of the Chapter 11 case
and the costs of liquidating the Debtor's assets, used to pay the
other claims against the Debtor.

General unsecured creditors, totaling approximately $930,401.82,
will be paid on a pro rata basis until paid in full.

All equity interests in the Debtor will be canceled as of the
Effective Date.  After the payment of priority claims and the
claims of general unsecured creditors, holders of equity interests
in the Debtor will receive a pro rata distribution of any
remaining funds as a return of capital.

A copy of the Disclosure Statement is available at:

           http://bankrupt.com/misc/stonerose.doc39.pdf

                         About Stone Rose

Aurora, Illinois-based Stone Rose, LP, filed a Chapter 11 petition
(Bankr. N.D. Ill. Case No. 13-16410) in Chicago, Illinois, on
April 19, 2013.  Joseph G. Dinges signed the petition as president
of Stone Rose Mgmt., Inc., general partner.  Judge Eugene R.
Wedoff presides over the case.  G. Alexander McTavish, Esq., at
Foote, Mielke, Chavez & O'Neil, in Geneva, Ill., represents the
Debtor as counsel.  Stone Rose disclosed $16.5 million in
total assets and $6.93 million in total liabilities in its
schedule.

The Debtor owns 82 acres of vacant land at 123rd St and Parallel
Pky, in Kansas City, Missouri, which is valued at $4 million, and
serves as collateral for a $2 million debt to Metcalf Bank.

The Debtor also has a 75% interest as a member of Big House
Investments, LLC, which owns 17 acres of vacant land at 110th St.
and I-70 in Edwardsville, Kansas.  The land is subject to a
contract for sale for $6 million and is subject to a $4.0 million
mortgage in favor of Metcalf Bank.


STRATUM HOLDINGS: Incurs $247K Net Loss in Second Quarter
---------------------------------------------------------
Stratum Holdings, Inc., filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q, reporting a
net loss of $246,705 on $668,796 of revenues for the three months
ended June 30, 2013, compared with net income of $62,354 on
$754,657 of revenues for the same period last year.

Gain on oil and gas derivatives for the three months ended
June 30, 2013, was $9,056 versus $329,378 for the three months
ended June 30, 2012.  According to the Company, this fluctuation
was due to the change in fair value of CYMRI's outstanding oil and
gas derivative contracts.

The Company reported a net loss of $338,688 on $1.4 million of
revenues for the six months ended June 30, 2013, compared with a
net loss of $255,690 on $1.5 million of revenues for the
corresponding period of 2012.

Gain on oil and gas derivatives for the six months ended June 30,
2013 was $1,616 versus $225,500 for the six months ended June 30,
2012.

The Company's balance sheet at June 30, 2013, showed $7.0 million
in total assets, $5.5 million in total liabilities, and
stockholders' equity of $1.5 million.

According to the regulatory filing, the Company has reported net
losses from continuing operations in the last two years and has a
substantial working capital deficit as of June 30, 2013.  "These
factors, among others, indicate that the Company may be unable to
continue as a going concern for a reasonable period of time."

A copy of the Form 10-Q is available at http://is.gd/ZfXSeM

Houston-based Stratum Holdings, Inc., is a holding company whose
operations are presently focused on the domestic Exploration &
Production business.  In that business, the Company's wholly-owned
subsidiaries, CYMRI, L.L.C., and Triumph Energy, Inc., maintain
working interests in approximately 45 to 50 producing oil and gas
wells in Texas and Louisiana, with net production of approximately
700 MCF equivalent per day.

In late 2012, the Company formed a new wholly-owned subsidiary,
Deployed Energy, Inc., to enter the domestic Energy Services
business, however, the Company has yet to determine when or if it
will commence operations in that subsidiary.  As a result of the
unexpected passing of the Company's Chief Executive Officer in
April 2013, the Company is considering divestment of the oil and
gas properties in its Exploration & Production business, as well
as other possible corporate level transactions.


SYNAGRO TECHNOLOGIES: Ch 11. Plan, $480MM Buyout Gets Judge's Nod
-----------------------------------------------------------------
Law360 reported that Synagro Technologies Inc. won approval of its
Chapter 11 plan that aims to see Swedish private equity firm EQT
Holdings acquire stock in the reorganized company in a $480
million deal, including $465 million in cash to go toward
creditors.

According to the report, U.S. Bankruptcy Judge Brendan L. Shannon
gave the plan the green light at a hearing in Delaware, noting
Synagro's bankruptcy process was conducted on a "largely
consensual basis" and that the company had overwhelming creditor
support.

                         About Synagro

Synagro Technologies, Inc., based in Houston, Texas, is the
recycler of bio-solids and other organic residuals in the U.S. and
is one of the largest national companies focused exclusivity on
biosolids recycling, which has a market size of $2 billion.  The
Company was formed in 1986, under the name RPM Marketing, Inc.
Synagro's corporate headquarters is currently located in Houston,
Texas but is in the process of being transferred to White Marsh,
Maryland.  The Company also has offices in Lansdale, Pennsylvania,
Rayne, Louisiana, and Watertown, Connecticut.

Synagro Technologies and 29 affiliates sought Chapter 11
protection (Bankr. D. Del. Case no. 13-11041) on April 24, 2013.
The lead debtor estimated assets and debts at $10 million to
$50 million.  Synagro Technologies disclosed $8,714,426 in assets
and $430,489,161 in liabilities.

Synagro was owned by The Carlyle Group at the time of the
bankruptcy filing.  It was acquired in April 2007 by Carlyle in a
$741 million transaction.

Synagro is being advised by Mark S. Chehi, Esq., at the law firm
of Skadden Arps Slate Meagher & Flom, along with financial adviser
AlixPartners and investment bankers Evercore Partners.  Kurtzman
Carson & Consultants serves as notice and claims agent.

No creditors' committee has been appointed in the cases by the
United States Trustee.


T SORRENTO: Court Confirms Fourth Amended Chapter 11 Plan
---------------------------------------------------------
On Aug. 9, 2013, the U.S. Bankruptcy Court for the Northern
District of Texas, Dallas Division, confirmed the Fourth Amended
Chapter 11 Plan filed by T Sorrento, Inc., and Transcontinental
Realty Investors, Inc., dated Aug. 1, 2013.  The Fourth Amended
Plan does not adversely change the treatment of creditors voting
in favor of the Original Chapter 11 Plan filed on April 3, 2013,
other than RMR Investments, Inc., and West Orient Investments,
Inc.

Pursuant to the terms of the Fourth Amended Plan, the Debtor, TCI,
and RMR agree that the amount of the Allowed Class 2 Claim of RMR
- Casino is $4,244,495.  The Allowed Class 2 Claim will accrue
interest after the Effective Date at the annual rate of 7% in year
one, 7.5% in year two, and 8% in year three, in each case using
simple interest.  Beginning on the Effective Date, the Debtor will
pay interest on the first day of each month at the annual rate of
5% using simple interest plus an additional $12,500 to be applied
to the principal balance.  The unpaid balance of the Allowed Class
2 Claim together will all accrued and unpaid interest and any
other fees assessed to the Allowed Class 2 Claim, will be due and
owing on the 36th month following the Effective Date.

The Debtor, TCI, and RMR agree that the amount of the Allowed
Class 3 Claim of RMR - Stanley is $1,732,589.  The Allowed Class 3
Claim will accrue interest at the annual rate of 7% between
Sept. 1, 2013, and the Effective Date, using simple interest, and
no further interest, fees, or other expenses.  The Allowed Class 3
Claim will accrue interest after the Effective Date at the annual
rate of 7% in year one, 7.5% in year two, and 8% in year three, in
each case using simple interest.  Beginning on the Effective Date,
the Debtor will pay interest on the first day of each month at the
annual rate of 5% using simple interest plus an additional $5,000
to be applied to the principal balance.  The unpaid balance of the
Allowed Class 3 Claim together will all accrued and unpaid
interest and any other fees assessed to the Allowed Class 3 Claim,
will be due and owing on the 36th month following the Effective
Date.

The Debtor, TCI, and RMR agree that the Class 4 Claim of RMR -
Galleria will be allowed as two separate notes to be executed by
the Debtor, the first Note being in the principal amount of
$1,100,000 and the second Note being in the principal amount of
$900,000.  The Notes will be non-recourse and accrue interest
after the Effective Date at the annual rate of 7% in year one,
7.5% in year two, and 8% in year three, in each case using simple
interest.  The Debtor will make additional payments of $50,000
each per month on the Effective Date and the first day of the five
months following the Effective Date and each payment will be
applied to the principal balances as follows: $27,500 to Galleria
Note ? Casino and $22,500 to Galleria Note - Stanley.  The unpaid
balance of the Notes, together with all accrued and unpaid
interest and any other fees assessed to the Notes, will be due and
owing on the 36th month following the Effective Date.

The Debtor, TCI, and West Orient agree that the Class 5 Claim of
West Orient - Casino is $156,199.97.  On the Effective Date, West
Orient will apply the Reserve to the Allowed Class 5 Claim, and
the Debtor will satisfy any remaining amounts by six equal
payments on the first day of the 7th through 12th months following
the Effective Date.  The Allowed Class 5 Claim will not accrue
interest, fees, or any other amounts.

The Debtor, TCI, and West Orient agree that the Class 6 Claim of
West Orient - Stanley is $45,840.47.  On the Effective Date, West
Orient will apply any Reserve remaining after the application to
the Allowed Class 5 Claim to the Allowed Class 6 Claim, and the
Debtor and Debtor will satisfy any remaining amounts by 6 equal
payments on the first day of the 7th through 12th months following
the effective Date.  The Allowed Class 6 Claim will not accrue
interest, fees, or any other amounts.

Holders of Allowed Class 7 General Unsecured Claims will be
entitled accrue interest from the Petition Date until paid in full
at the Interest Rate.  Claimants will receive 50% of their Allowed
Claim with interest on or before the later of: (a) 30 days
following the Effective Date, or (b) 30 days following the entry
of a final order allowing such claim.  The Claimants will receive
the remaining 50% of their allowed claim with interest on the
first day of the 6th month following confirmation.

Holders of Allowed Class 8 Interests will retain their prepetition
interest in the Debtor and will not receive any distributions on
account of those Interests until the Debtor has performed its
obligations to Classes 1 - 7.

A black-lined version of the Fourth Amended Plan, dated Aug. 1,
2013, is available for free at:

           http://bankrupt.com/misc/tsorrento.doc150.pdf

Hudson M. Jobe, Esq., at QUILLING, SELANDER, LOWNDS, WINSLETT &
MOSER, P.C., in Dallas, Texas, represents the Debtor.

C. Gregory Shamoun, Esq., and Dennis M Holmgren, Esq., at Shamoun
& Norman LLP, in Dallas, Texas, represent Transcontinental Realty.

                         About T Sorrento

Clark, Nevada-based T Sorrento, Inc., is a wholly owned subsidiary
of Transcontinental Realty Investors, Inc., a Nevada corporation.
T Sorrento filed for a Chapter 11 petition (Bankr. D. Nev. Case
No. 12-13907) in Las Vegas on April 2, 2012.  At the behest of RMR
Investments, Inc., the Nevada Bankruptcy Court transferred the
venue of the case to the Northern District of Texas, Dallas
Division, as the Debtor's principal office and principal place of
business are located in Dallas and the mailing address for each of
the Debtor's officers is also located in Dallas, Texas.  The case
was transferred to the Northern District of Texas by a June 27,
2012 court order.  Dallas Bankruptcy Judge Barbara J. Houser
oversees the case.

T Sorrento disclosed assets of $17.4 million and debts of
$5.4 million in its schedules.  The Debtor's Schedule A states it
owns six lots (about 30 acres) at "Mira Lago" in Farmers Branch,
two lots (24 acres) at Valley Branch Circle in Farmers Branch, 5.7
acres in McKinney and less than an acre in Irving.  The total
value of the real property is stated as $17,442,754.  The Debtor
has no personal property.  The Debtor disclosed it has secured
debt held by two entities totaling $5,121,368.  Property taxes
owed total $90,000.  Six unsecured creditors are owed a total of
$235,203.

Lender RMR Investments is represented by Mark E. Andrews, Esq.,
and Stephen K. Lecholop II, Esq., at Cox Smith Matthews
Incorporated.


TEE INVESTMENT: Sept. 24 Hearing on Motion to Convert Case
----------------------------------------------------------
The U.S. Bankruptcy Court for the District of Nevada will convene
a hearing on Sept. 24, 2013, at 2 p.m., the hearing to consider
creditor WBCMT 2006-C27 Plumas Street LLC's motion to convert the
Chapter 11 case of Tee Investment Company to one under Chapter 7
of the Bankruptcy Code.

Phillip K. Wang, Esq. -- pwang@duanemorris.com -- at Duane Morris
LLP, on behalf of WBCMT 2006-C27, requested that the Court:

   i) convert the Debtor's case; and

  ii) renew its previous motion for relief of stay to allow the
      creditor to exercise any and all of its available right and
      remedies in and to its collateral which consist of certain
      real property and improvements commonly known as Lakeridge
      Apartments West, 6155 Plumas Street, Reno, Nevada and
      related personal property.

According to Mr. Wang, WBCMT 2006-C27 is undersecured because the
Debtor owed, as of the Petition Date, $14,242,985 and the fair
market value of the property is approximately $10,800,000.

                        About Tee Investment

Reno, Nevada-based Tee Investment Company, Limited Partnership,
dba Lakeridge Apartments, owns the property known as the Lakeridge
East Apartments, 6155 Plums Street, Reno, Nevada.  The Debtor
filed for Chapter 11 bankruptcy protection (Bankr. D. Nev. Case
No. 11-50615) on March 1, 2011.  The Debtor estimated its assets
and debts at $10 million to $50 million.

Alan R. Smith, Esq., at the Law Offices of Alan R. Smith, in Reno,
Nev., represents the Debtor as counsel.

Affiliates Lakeridge Centre Office Complex, LP (Bankr. D. Nev.
10-53612), West Shore Resort Properties III, LLC (Bankr. D. Nev.
10-51101), and West Shore Resort Properties, LLC, and (Bankr. D.
Nev. 10-50506) filed separate Chapter 11 petitions.

Attorneys at Armstrong Teasdale represents Terrence S. Daly, the
court-appointed receiver for Tee Investment Company, Limited
Partnership, as counsel.

The First Amendment to the Debtor's First Amended Plan of
Reorganization provides that the amount of the WBCMT Secured Claim
will be the lesser of the value of the Property determined as of
the Confirmation Date (the "Value as of Confirmation Date") or the
WBCMT Note Balance, less all post-petition pre-confirmation
payments made to WBCMT.  All existing membership interests are
canceled.  Upon plan confirmation 100% of the membership interest
in the Reorganized Debtor will be issued to Blackwood Canyon, LLC.


TM REAL: TD Bank Wants to Continue Collecting Payment of Rents
--------------------------------------------------------------
TD Bank, N.A., successor by merger to Commerce Bank/North, asks
the U.S. Bankruptcy Court for the Eastern District of New York to
enter an order granting relief from the automatic stay in the
Chapter 11 case of T.M. Real Estate Holding LLC et al., on a nunc
pro tunc basis, authorizing TD Bank to continue to collect payment
of rents in the shopping centers owned by each of Richmond Valley
Plaza LLC, et al.

TD Bank, N.A., in its reply to the Debtors' objection, stated the
Debtors cannot adequately protect TD Bank's interest in the rents.
Accordingly, TD Bank said it must be authorized to continue to
collect and retain the rent nunc pro tunc to the commencement of
the cases.

The Debtors cannot dispute that as of the Petition Date, the
outstanding amount due to TD Bank under the judgment was
$6,503,889, with interest accruing thereon at the per diem rate of
$2,549.

Michael J. Venditto, Esq. -- mvenditto@reedsmith.com -- at Reed
Smith LLP represents TD Bank.

On Aug. 7, Yann Geron, Esq., at Fox Rothschild LLP, on behalf of
T.M. Real Estate Holding LLC, objected to TD Bank's motion to
dismiss the case or, in the alternative, for relief from the
automatic stay.  Mr. Geron asserted that TD Bank's motion lacks
merit and is a premature reaction to the Debtor's legitimate
effort to reorganize in Chapter 11, and TD Bank's claim is not at
risk in the case.

                    About TM Real Estate Holding LLC

TM Real Estate Holding LLC filed a Chapter 11 petition (Bankr.
E.D.N.Y. Case No. 13-44046) on June 28, 2013.  Judge Carla E.
Craig presides over the case.  The Debtor scheduled assets of
$10,900,000 and liabilities of $10,497,264.  The petition was
signed by John Noce, manager.


TOUSA INC: Court Okays Disputed Claims Reserve
----------------------------------------------
BankruptcyData reported that the U.S. Bankruptcy Court approved
the modified motion filed by TOUSA and its official committee of
unsecured creditors for entry of an order establishing a disputed
claims reserve in connection with the Company's Amended Joint Plan
of Liquidation.

Under the order, the parties are authorized to establish the total
disputed claims reserve amount at $35 million in cash on account
of allowed administrative claims, allowed priority claims and
allowed general unsecured claims.

                         About TOUSA Inc.

Headquartered in Hollywood, Florida, TOUSA, Inc. (Pink Sheets:
TOUS) -- http://www.tousa.com/-- fka Technical Olympic U.S.A.
Inc., dba Technical U.S.A., Inc., Engle Homes, Newmark Homes L.P.,
TOUSA Homes Inc. and Newmark Homes Corp. is a leading homebuilder
in the United States, operating in various metropolitan markets in
10 states located in four major geographic regions: Florida, the
Mid-Atlantic, Texas, and the West.

The Debtor and its debtor-affiliates filed for separate
Chapter 11 protection on Jan. 29, 2008 (Bankr. S.D. Fla. Case
No. 08-10928).  Richard M. Cieri, Esq., M. Natasha Labovitz,
Esq., and Joshua A. Sussberg, Esq., at Kirkland & Ellis LLP, in
New York, N.Y.; and Paul S. Singerman, Esq., at Berger Singerman,
in Miami, Fla., represent the Debtors in their restructuring
efforts.  Lazard Freres & Co. LLC is the Debtors' investment
banker.  Ernst & Young LLP is the Debtors' independent auditor and
tax services provider.  Kurtzman Carson Consultants LLC acts as
the Debtors' Notice, Claims & Balloting Agent.

TOUSA's direct subsidiary, Beacon Hill at Mountain's Edge LLC dba
Eagle Homes, filed for Chapter 11 Protection on July 30, 2008
(Bankr. S.D. Fla. Case No. 08-20746).  It estimated assets and
debts of $1 million to $10 million in its Chapter 11 petition.

Daniel H. Golden, Esq., and Philip C. Dublin, Esq., at Akin Gump
Strauss Hauer & Feld LLP, in New York, N.Y., represent the
creditors committee.

The unsecured creditors committee initially proposed a chapter 11
liquidating plan for Tousa.  However, the committee decided not to
pursue approval of its liquidation plan because of a pending
appeal of its fraudulent transfer action in the U.S. Court of
Appeals for the Eleventh Circuit.  In May 2012, the Court of
Appeals in Atlanta held that Tousa's bank lenders received
fraudulent transfers exceeding $400 million.

After mediation before Peter L. Borowitz, Tousa and the unsecured
creditors committee, MatlinPatterson Global Advisers and Monarch
Alternative Capital, as investment adviser to Monarch Master
Funding, collectively reached an agreement in principle on a
settlement proposal.  The proposal would form the foundation for a
joint bankruptcy-exit plan for the Debtors.

In May 2013, Tousa and the unsecured creditors committee filed a
proposed liquidating Chapter 11 plan.

On July 12, 2013, Tousa won court approval of a $67 million
settlement with several insurance companies allowing the Debtors
to proceed with an Aug. 1 hearing to confirm the plan.  The
dispute with the insurance companies involved the pre-bankruptcy
fraudulent transfers.  The insurance companies included Federal
Insurance Co., XL Specialty Insurance Co. and Zurich American
Insurance Co.

According to Bloomberg News, in settlement, the insurance
companies will pay $67 million, with $47.9 million going to
creditors of the Tousa companies that were forced to take on debt
improperly.  The first-lien lenders receive $7.66 million, while
second-lien lenders take home $11.5 million.  Some of the
insurance companies also pay $8.27 million of the directors' and
officers' defense costs.

Bloomberg relates Tousa's Chapter 11 plan has recoveries ranging
from 58 percent for senior noteholders to 5 percent for creditors
with general unsecured claims.  The plan was the result of the
decision from the appeals court in May 2012 finding banks received
fraudulent transfers exceeding $400 million.  The opinion
reinstated a ruling by U.S. Bankruptcy Judge John K. Olson which
had been set aside on the first appeal in federal district court.

The Court confirmed the Plan on August 6, 2013.


TRINITY COAL: Files Essar-Sponsored Reorganization Plan
-------------------------------------------------------
Trinity Coal Corporation and its debtor affiliates filed with the
U.S. Bankruptcy Court for the Eastern District of Kentucky a joint
plan of reorganization sponsored by Essar Met Coal Inc.

Under the Plan, Essar's unsecured claims will be allowed in the
aggregate amount of $133,446,780.  In exchange for full and final
satisfaction, settlement, release, and compromise of each and
every Essar Unsecured Claim, together with the other payments and
consideration to be provided by the holders of the Allowed Essar
Unsecured Claims or their non-Debtor Affiliate designees, each
Holder of Essar Unsecured Claims will receive its Pro Rata share
of 100% of the New Common Stock of Reorganized TPC and 100% of the
New Common Stock of the Reorganized Deep Water Entities on the
Effective Date.

General Unsecured Claims, excluding the Essar Unsecured Claims,
are impaired.  Each Holder of an Allowed General Unsecured Claim
will receive a Pro Rata interest in the Trust Assets; provided
that each Holder of an Allowed Senior Secured Credit Facility
Deficiency Claim agrees to waive the entire amount of the Senior
Secured Credit Facility Deficiency Claim on the Effective Date.

The Debtors stated that if the Plan is not confirmed with respect
to any of the Debtors, the Debtors may revert back to the auction
for the sale of any or all of the Debtors' assets and/or risk
foreclosure on collateral of various secured parties, including
the DIP Lenders.

Denham Commodity Partners Fund III LP and Travis Coal Restructured
Holdings LLC, objected to the Debtors' motion for approval of
procedures governing the solicitation and confirmation of the
Joint Plan.  With the consent of the objectors, the hearing on the
solicitation procedures motion is scheduled for Sept. 19, 2013, at
1:30 p.m. (Eastern Time).  Objections must be filed no later than
Sept. 12.

A full-text copy of the Joint Plan, dated Aug. 15, 2013, is
available for free at:

           http://bankrupt.com/misc/TRINITYCOALds0815.pdf

John W. Ames, Esq., C.R. Bowles, Jr., Esq., and Bruce Cryder,
Esq., at BINGHAM GREENEBAUM DOLL LLP, in Lexington, Kentucky; and
Steven J. Reisman, Esq., L. P. Harrison 3rd, Esq., Jerrold L.
Bregman, Esq., and Dienna Ching, Esq., at CURTIS, MALLET-PREVOST,
COLT & MOSLE LLP, in New York, represent the Debtors.

                        About Trinity Coal

Trinity Coal Corp. is a coal mining company that owns coal
deposits located in the Appalachian region of the eastern United
States, specifically, in Breathitt, Floyd, Knott Magoffin, and
Perry Counties in eastern Kentucky and in Boone, Fayette, Mingo,
McDowell and Wyoming Counties in West Virginia.

Trinity's coal mining operations are organized into six distinct
coal mining complexes. Three complexes are located in Kentucky and
are referred to as Prater Branch Resources, Little Elk Mining and
Levisa Fork.  The Kentucky Operations produced compliance and low
sulfur steam coal.  Three complexes are located in West Virginia
and are referred to as Deep Water Resources, North Springs
Resources and Falcon Resources.

Trinity is a wholly owned subsidiary of privately held
multinational conglomerate Essar Global Limited.

Credit Agricole Corporate & Investment Bank, ING Capital LLC and
Natixis, New York Branch filed an involuntary petition for relief
under Chapter 11 against Trinity Coal Corporation and 15
affiliates (Bankr. E.D. Ky. Lead Case No. 13-50364).  The three
entities say they are owed a total of $104 million on account
loans provided to Trinity.

On Feb. 14, 2013, Austin Powder Company, Whayne Supply Company and
Cecil I. Walker Machinery Co. filed an involuntary petition for
relief under Chapter 11 (Bankr. E.D. Ky. Case No. 13-50335)
against Frasure Creek Mining, LLC.  On Feb. 19, 2013, Credit
Agricole, ING Capital and Natixis joined as petitioning creditors.

On March 4, 2013, the Debtors filed their consolidated answer to
involuntary petitions and consent to an order for relief and
reservation of rights, thereby consenting to the entry of an order
for relief in each of their respective Chapter 11 cases.  An order
for relief in each of the Debtors was entered by the Court on
March 4, 2013, which converted the involuntary cases to voluntary
Chapter 11 cases.

Sturgill, Turner, Barker & Moloney, PLLC serves as local counsel
to the Official Committee of Unsecured Creditors.


TRINITY COAL: Committee Files Protective Objection to Any Sale
--------------------------------------------------------------
The Official Committee of Unsecured Creditors appointed in the
Chapter 11 cases of Trinity Coal Corporation, et al., filed a
protective objection to any sale of assets under Section 363 of
the Bankruptcy Code.  The Committee also reserves all of its
rights to oppose the Debtors' motion for authority to sell their
assets.

The Committee is represented by Edward J. Green, Esq., and
Geoffrey S. Goodman, Esq., at Foley & Lardner LLP, in Chicago,
Illinois, and Matthew D. Lee, Esq., at Foley & Lardner LLP, in
Madison, Wisconsin.

                        About Trinity Coal

Trinity Coal Corp. is a coal mining company that owns coal
deposits located in the Appalachian region of the eastern United
States, specifically, in Breathitt, Floyd, Knott Magoffin, and
Perry Counties in eastern Kentucky and in Boone, Fayette, Mingo,
McDowell and Wyoming Counties in West Virginia.

Trinity's coal mining operations are organized into six distinct
coal mining complexes. Three complexes are located in Kentucky and
are referred to as Prater Branch Resources, Little Elk Mining and
Levisa Fork.  The Kentucky Operations produced compliance and low
sulfur steam coal.  Three complexes are located in West Virginia
and are referred to as Deep Water Resources, North Springs
Resources and Falcon Resources.

Trinity is a wholly owned subsidiary of privately held
multinational conglomerate Essar Global Limited.

Credit Agricole Corporate & Investment Bank, ING Capital LLC and
Natixis, New York Branch filed an involuntary petition for relief
under Chapter 11 against Trinity Coal Corporation and 15
affiliates (Bankr. E.D. Ky. Lead Case No. 13-50364).  The three
entities say they are owed a total of $104 million on account
loans provided to Trinity.

On Feb. 14, 2013, Austin Powder Company, Whayne Supply Company and
Cecil I. Walker Machinery Co. filed an involuntary petition for
relief under Chapter 11 (Bankr. E.D. Ky. Case No. 13-50335)
against Frasure Creek Mining, LLC.  On Feb. 19, 2013, Credit
Agricole, ING Capital and Natixis joined as petitioning creditors.

On March 4, 2013, the Debtors filed their consolidated answer to
involuntary petitions and consent to an order for relief and
reservation of rights, thereby consenting to the entry of an order
for relief in each of their respective Chapter 11 cases.  An order
for relief in each of the Debtors was entered by the Court on
March 4, 2013, which converted the involuntary cases to voluntary
Chapter 11 cases.

Sturgill, Turner, Barker & Moloney, PLLC serves as local counsel
to the Official Committee of Unsecured Creditors.


TRINITY COAL: Can Borrow Additional $7MM in Revolving Loans
-----------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Kentucky
modified the Final DIP Order entered April 8, 2013, to extend
through and including Nov. 29, 2013, the maturity date of Trinity
Coal Corporation, et al.'s DIP Credit Agreement and through and
including Nov. 22 the expiry dates of the Roll-Up Letters of
Credit.

The Debtors are also authorized to borrow an additional $7 million
from the Revolving DIP Lenders and the Revolving Commitment under
the DIP Credit Agreement is increased to $22 million.

According to the Debtors, the extension of the Maturity Date of
the DIP Credit Agreement and the $7 million increase in the amount
of the Revolving Commitment is the result of good faith and arms'-
length negotiations between the Debtors, Essar Global Fund
Limited, and the DIP Lenders, and provides the financial
flexibility needed to continue good-faith negotiations towards
confirmation of the proposed Joint Plan of Reorganization.

                        About Trinity Coal

Trinity Coal Corp. is a coal mining company that owns coal
deposits located in the Appalachian region of the eastern United
States, specifically, in Breathitt, Floyd, Knott Magoffin, and
Perry Counties in eastern Kentucky and in Boone, Fayette, Mingo,
McDowell and Wyoming Counties in West Virginia.

Trinity's coal mining operations are organized into six distinct
coal mining complexes. Three complexes are located in Kentucky and
are referred to as Prater Branch Resources, Little Elk Mining and
Levisa Fork.  The Kentucky Operations produced compliance and low
sulfur steam coal.  Three complexes are located in West Virginia
and are referred to as Deep Water Resources, North Springs
Resources and Falcon Resources.

Trinity is a wholly owned subsidiary of privately held
multinational conglomerate Essar Global Limited.

Credit Agricole Corporate & Investment Bank, ING Capital LLC and
Natixis, New York Branch filed an involuntary petition for relief
under Chapter 11 against Trinity Coal Corporation and 15
affiliates (Bankr. E.D. Ky. Lead Case No. 13-50364).  The three
entities say they are owed a total of $104 million on account
loans provided to Trinity.

On Feb. 14, 2013, Austin Powder Company, Whayne Supply Company and
Cecil I. Walker Machinery Co. filed an involuntary petition for
relief under Chapter 11 (Bankr. E.D. Ky. Case No. 13-50335)
against Frasure Creek Mining, LLC.  On Feb. 19, 2013, Credit
Agricole, ING Capital and Natixis joined as petitioning creditors.

On March 4, 2013, the Debtors filed their consolidated answer to
involuntary petitions and consent to an order for relief and
reservation of rights, thereby consenting to the entry of an order
for relief in each of their respective Chapter 11 cases.  An order
for relief in each of the Debtors was entered by the Court on
March 4, 2013, which converted the involuntary cases to voluntary
Chapter 11 cases.

Sturgill, Turner, Barker & Moloney, PLLC serves as local counsel
to the Official Committee of Unsecured Creditors.


TRINSEO SA: Moody's Lowers Corp. Family Rating to 'B2'
------------------------------------------------------
Moody's Investors Service downgraded the Corporate Family Rating
of Trinseo S.A and the rating on its subsidiary Trinseo Materials
Operating S.C.A.'s $1.325 billion senior secured notes due 2019 to
B2 from B1 due to volatility in its financial performance and weak
credit metrics over the past year. Moody's also assigned a
Speculative Grade Liquidity Rating of SGL-2 to Trinseo. The
outlook on both entities is stable.

"Weak end market demand and exposure to volatile commodity prices
has created more volatility in financial performance than was
originally incorporated into the B1 CFR," said John Rogers, Senior
Vice President at Moody's. "The company is much better positioned
at the B2 rating as performance in its two stronger businesses,
latex and rubber, is likely to remain below previously expected
levels."

Rating downgraded:

Trinseo S.A.

  Corporate Family Rating to B2 from B1

  Probability of Default Rating to B2-PD from B1-PD

Trinseo Materials Operating S.C.A.

  $1.325 billion guaranteed senior secured notes due 2019 to B2
  (LGD4, 53%) from B1 (LGD4, 55%)

Rating assigned:

  Speculative Grade Liquidity Rating assigned at SGL-2

Ratings Rationale:

Trinseo's B2 CFR is tempered by its narrow portfolio of commodity
and quasi-commodity products, weak credit metrics driven by weaker
end market demand, exposure to volatile feedstock prices and a
limited amount of cash equity. The company's credit profile is
supported by its size in terms of revenue, leading market
positions in three of its four product lines (polycarbonates is
the exception), relatively stable volume demand in its emulsion
polymers and rubber businesses, an experienced management team and
the success in lowering fixed costs since the acquisition by Bain
in 2010. June 2013 LTM credit metrics remain weak with adjusted
leverage (including Moody's Standard Adjustments) of 7x.

The outlook is stable and assumes that financial metrics improve
over the next four quarters reducing leverage to below 6.0x and
Retained Cash Flow/Debt to over 7%. The ratings have limited
upside given the volatile earnings profile of the company and
limited debt reduction to date, but could be raised if Debt/EBITDA
falls below 5.0x and is expected to remain at that level for a
sustained period. The ratings could be downgraded further if
Debt/EBITDA was to remain above 7.0x and the company was to begin
relying on its revolver as its primary source of liquidity.

The SGL-2 rating reflects good liquidity primarily supported by
cash balances of roughly $170 million (as of June 30, 2013) and
the expectation for positive free cash flow in the second half of
2013. The company also has access to a $200 million A/R
securitization that had nearly $150 million outstanding at the end
of the second quarter and an undrawn $300 million revolver.
However, if borrowings exceed $75 million at the end of the
quarter, the revolver has a leverage covenant, which is set at
5.0x for the remainder of 2013 and steps down to 4.5x in 2014. If
financial performance does not improve, this covenant would limit
access to the revolver at the end of each quarter.

The principal methodology used in this rating was the Global
Chemical Industry Methodology published in December 2009. Other
methodologies used include Loss Given Default for Speculative-
Grade Non-Financial Companies in the U.S., Canada and EMEA
published in June 2009.

Trinseo S.A. is the world's largest producer of styrene butadiene
(SB) latex, the largest European producer of SSBR rubber (solution
styrene butadiene rubber), the third largest global producer of
polystyrene and a leading producer of polycarbonate resins and
blends. Trinseo had revenues of roughly $5.4 billion for the last
four quarters ending June 30, 2013. Trinseo is owned by an
affiliate of Bain Capital and was acquired from The Dow Chemical
Company in 2010.


TRITON AVIATION: S&P Puts 'B-' Rating on CreditWatch Negative
-------------------------------------------------------------
Standard & Poor's Ratings Services placed its 'B- (sf)' rating on
Triton Aviation Finance's class A-1 notes on CreditWatch with
negative implications.  The notes are collateralized primarily by
the lease revenue and sales proceeds from a portfolio of
commercial aircraft.

The CreditWatch placements reflects S&P's view of the aircraft
portfolio's diminished lease-rental-generating ability, the
ongoing higher-than-expected value decline of the relatively older
aircraft in the portfolio, and the number of lessees in arrears.

As of Aug. 15, 2013, the aircraft portfolio consisted of 21
operating aircraft and two disassembled aircraft.  The appraised
base value of the 21 operating aircraft declined by approximately
15% in 2012.  The fleet, with a significant concentration of
aircraft manufactured in the 1980s and early 1990s, has a weighted
average age of approximately 23 years.  The older aircraft has
become less favorable and thus less able to generate future lease
revenue.  As of Aug. 15, 2013, there were eight operating aircraft
off lease,, eight lessees (on 10 aircraft leases) in arrears, and
no principal payment on the class A-1 notes.

S&P will resolve its CreditWatch placement after it completes a
comprehensive review of the transaction.

          STANDARD & POOR'S 17G-7 DISCLOSURE REPORT

SEC Rule 17g-7 requires an NRSRO, for any report accompanying a
credit rating relating to an asset-backed security as defined in
the Rule, to include a description of the representations,
warranties and enforcement mechanisms available to investors and a
description of how they differ from the representations,
warranties and enforcement mechanisms in issuances of similar
securities.  The Rule applies to in-scope securities initially
rated (including preliminary ratings) on or after Sept. 26, 2011.

If applicable, the Standard & Poor's 17g-7 Disclosure Report
included in this credit rating report is available at:

            http://standardandpoorsdisclosure-17g7.com


TRIUS THERAPEUTICS: Cubist to Buy Trius at $13.50 Apiece
--------------------------------------------------------
Cubist Pharmaceuticals, Inc., has commenced its tender offer for
all outstanding shares of the common stock of Trius Therapeutics
for $13.50 per share in cash, plus one Contingent Value Right,
entitling the holder to receive an additional cash payment of up
to $2.00 for each share they tender if certain sales milestones
are achieved.  The tender offer is being made by BRGO Corporation,
a wholly-owned subsidiary of Cubist, pursuant to the previously
announced Agreement and Plan of Merger, dated July 30, 2013, for
Cubist to acquire Trius.

The tender offer and merger are subject to the satisfaction or
waiver of customary conditions, including, among others, that the
number of shares validly tendered and not validly withdrawn equals
at least a majority of the outstanding shares on a fully-diluted
basis and that any applicable waiting periods under the Hart-
Scott-Rodino Antitrust Improvements Act of 1976, as amended, have
expired or otherwise been terminated.

Cubist filed with the U.S. Securities and Exchange Commission
(SEC) a Tender Offer Statement on Schedule TO, setting forth in
detail the terms of the tender offer.  Trius also filed with the
SEC a Solicitation/Recommendation Statement on Schedule 14D-9,
setting forth in detail, among other things, the unanimous
recommendation of Trius' Board of Directors that Trius'
stockholders accept the tender offer and tender their shares in
the offer.  Copies of the Offer to Purchase, Letter of Transmittal
and other  materials related to the tender offer are available
free of charge from MacKenzie Partners, Inc., the information
agent for the tender offer, at (212) 929-5500 for banks and
brokers or toll-free at (800) 322-2885 for stockholders and all
others.  Computershare Trust Company, N.A., is acting as
depositary for the tender offer.

The tender offer and any withdrawal rights to which Trius'
stockholders may be entitled expire at 9:00 a.m., Eastern Time, on
Sept. 11, 2013, unless extended or earlier terminated.

A full-text copy of the Schedule TO is available for free at:

                        http://is.gd/2WecBm

                      About Trius Therapeutics

San Diego, Calif.-based Trius Therapeutics, Inc. (Nasdaq: TSRX) --
http://www.triusrx.com/-- is a biopharmaceutical company focused
on the discovery, development and commercialization of innovative
antibiotics for serious, life-threatening infections.  The
Company's first product candidate, torezolid phosphate, is an IV
and orally administered second generation oxazolidinone being
developed for the treatment of serious gram-positive infections,
including those caused by MRSA.  In addition to the company's
torezolid phosphate clinical program, it is currently conducting
two preclinical programs using its proprietary discovery platform
to develop antibiotics to treat infections caused by gram-negative
bacteria.

Trius Therapeutics incurred a net loss of $53.92 million in 2012,
a net loss of $18.25 million in 2011 and a $23.86 million net loss
in 2010.

As of June 30, 2013, the Company had $74.05 million in total
assets, $19.37 million in total liabilities and $54.68 million in
total stockholders' equity.


VAIL LAKE: Sec. 341 Creditors' Meeting Set for Aug. 27
------------------------------------------------------
The U.S. Trustee will convene a meeting of creditors pursuant to
11 U.S.C. 341(a) in the Chapter 11 case of Vail Lake Rancho
California, LLC et al., on Aug. 27, 2012, at 1:00 p.m.  The
meeting will be held at 402 W. Broadway, Emerald Plaza Building,
Suite 660 (B), Hearing Room B, San Diego, CA 92101.

Vail Lake Rancho California, LLC and its affiliates own the
California campground Vail Lake Resort. Vail Lake is a large
reservoir in western Riverside County, California, located on
Temecula Creek in the Santa Margarita River watershed,
approximately 15 miles east of Temecula, California.  Properties
cover approximately 9,000 acres and have an estimated water
storage capacity of approximately 51,000 acre-feet.

On Dec. 26, 2012, creditors of Vail Lake filed an involuntary
Chapter 11 petition (Bankr. S.D. Cal. Case No. 12-16684) for Vail
Lake.  In a filing on June 6, 2013, the Debtor said it consents to
the entry of an order for relief and does not contest the
involuntary Chapter 11 petition.

On June 5, 2013, the company sent 5 related entities -- Vail Lake
USA, LLC ("VLU"), Vail Lake Village & Resort, LLC ("VLRC"), Vail
Lake Groves, LLC, Agua Tibia Ranch, LLC, and Outdoor Recreational
Management, LLC -- to Chapter 11 bankruptcy.

The new debtors have sought and obtained an order for joint
administration of their Chapter 11 cases with Vail Lake Rancho
(Case No. 12-16684).

The Debtors are represented by attorneys at Cooley LLP and
Phillips, Haskett & Ingwalson, A.P.C.  Thomas C. Hebrank at E3
Realty Advisors, Inc., serves as the Debtors' chief restructuring
officer.

The Debtors' consolidated assets, as of May 31, 2013, total
approximately $291,016,000 and liabilities total $52,796,846.


VELATEL GLOBAL: Delays Form 10-Q for Second Quarter
---------------------------------------------------
VelaTel Global Communications, Inc., was unable to file its Form
10-Q for the period ended June 30, 2013, in a timely manner
because the Company was unable to complete its financial
statements.

                       About VelaTel Global

VelaTel acquires spectrum assets through acquisition or joint
venture relationships, and provides capital, engineering,
architectural and construction services related to the build-out
of wireless broadband telecommunications networks, which it then
operates by offering services attractive to residential,
enterprise and government subscribers.  VelaTel currently focuses
on emerging markets where internet penetration rate is low
relative to the capacity of incumbent operators to provide
comparable cutting edge services, or where the entry cost to
acquire spectrum is low relative to projected subscribers.
VelaTel currently has project operations in People's Republic of
China, Croatia, Montenegro and Peru.  Additional target markets
include countries in Latin America, the Caribbean, Southeast Asia
and Eastern Europe.  VelaTel's administrative headquarters are in
Carlsbad, California.  See http://www.velatel.com/

Velatel Global incurred a net loss of $45.60 million on $1.87
million of revenue for the year ended Dec. 31, 2012, as compared
with a net loss of $21.79 million on $0 of revenue for the year
ended Dec. 31, 2011.  As of March 31, 2013, the Company had $15.77
million in total assets, $62.25 million in total liabilities and a
$46.48 million total deficiency.

Kabani & Company, Inc., in Los Angeles, California, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2012.  The independent
auditors noted that the Company's viability is dependent upon its
ability to obtain future financing and the success of its future
operations.  The Company has incurred a net loss of $45,601,292
for the year ended Dec. 31, 2012, cumulative losses of
$298,347,524 since inception, a negative working capital of
$34,972,850 and a stockholders' deficiency of $36,566,868.  These
factors raise substantial doubt as to the Company's ability to
continue as a going concern.


VERSO PAPER: Addresses Additional NYSE Continued Listing Standard
-----------------------------------------------------------------
Verso Paper Corp. on Aug. 20 disclosed that the New York Stock
Exchange has notified Verso that it has fallen below the NYSE's
continued listing standard requiring that the average closing
price of Verso's common stock be at least $1.00 over a consecutive
30 trading-day period.  As of August 14, 2013, the date of the
NYSE notice, the average closing price of Verso's common stock
over the past 30 trading days was $0.97 per share.

To maintain its NYSE listing, Verso has until February 14, 2014,
which is six months from the date of the NYSE notice, to bring the
closing share price and the average closing share price of its
common stock back above $1.00.  Verso has notified the NYSE that
it intends to cure the share price deficiency.  During the cure
period, Verso's common stock will continue to be traded on the
NYSE, subject to Verso's compliance with other NYSE continued
listing requirements.

Separately, and as previously disclosed, Verso has appealed the
NYSE staff's determination to delist Verso's common stock due to
Verso's failure to satisfy the NYSE's continued listing standard
requiring that Verso have an average market capitalization of at
least $75 million over a consecutive 30 trading-day period.  The
review committee of the NYSE's board of directors currently is
scheduled to hear Verso's appeal on September 10, 2013.

                           About Verso

Based in Memphis, Tennessee, Verso Paper Corp. --
http://www.versopaper.com-- is a North American producer of
coated papers, including coated groundwood and coated freesheet,
and specialty paper products.  Verso's paper products are used
primarily in media and marketing applications, including
magazines, catalogs and commercial printing applications such as
high-end advertising brochures, annual reports and direct-mail
advertising.


VIDEOTRON LTEE: DBRS Confirms 'BB(high)' Issuer Rating
------------------------------------------------------
On October 3, 2012, DBRS confirmed Videotron Ltee's Issuer Rating
at BB (high); its Secured Bank Debt rating at BBB (low), with an
RR1 recovery rating; and its Senior Unsecured Notes at BB (high),
with an RR2 recovery rating; all trends remain Stable.  The
confirmation reflected Videotron's steadily growing subscriber
base and strong incumbent position in Quebec.

Since DBRS's latest report on Videotron, Industry Canada has
restated its intention of establishing four wireless carriers in
each region of the country.  DBRS notes that a viable fourth
competitor with strong financial backing could cause the
competitive environment to intensify.  Although the Company's
wireless operations represent an important growth area, DBRS notes
that, currently, these services contribute only nominally to
operating income.  Furthermore, a strong brand and proven customer
loyalty may help prevent wireless subscriber losses from affecting
wireline market share.  As the Company's ratings are currently
well placed within their categories, a more competitive
environment would not likely result in a negative rating action
for Videotron.

The ratings continue to be supported by Videotron's strong market
position in Quebec and its ability to grow and bundle television,
Internet and wireless services.  DBRS's ratings also take into
account the intensifying competition in the telecommunications
industry and the constant innovation and capital intensity
required to maintain market positioning.  DBRS will continue to
carefully monitor the operating performance and financial
management of Videotron and parent Quebecor Media Inc.,
particularly in the context of an evolving competitive
environment.


VIRTUALSCOPICS INC: Expects to Receive NASDAQ Delisting Notice
--------------------------------------------------------------
VirtualScopics, Inc. on Aug. 21 disclosed that it has filed a
Certificate of Amendment to its Certificate of Incorporation to
effect a 1-for-10 reverse stock split of its common stock,
effective as of August 21, 2013, at 5:00 p.m. Eastern Time.  A
Certificate of Amendment to effect a reverse stock split was
approved by the Company's stockholders at its Annual Meeting of
Stockholders held on August 13, 2013.  The Company's stockholders
granted the Board authority to effectuate a reverse stock split at
a ratio of between 1-for-2 and 1-for-10, and the 1-for-10 ratio
was subsequently approved by the Company's Board of Directors.
The shares of the Company's common stock will continue to trade
under the symbol "VSCP" on a split-adjusted basis on the NASDAQ
Capital Market on August 22, 2013.  A new CUSIP number has been
assigned to the Company's common stock as a result of the reverse
stock split.

As a result of the reverse stock split, each ten shares of the
Company's outstanding common stock will automatically be combined
into one share, without any change to the par value per share.  In
addition, the reverse stock split will effect a proportionate
adjustment to the per share exercise price and number of shares
issuable upon the exercise of outstanding warrants and stock
options and the vesting of restricted stock awards.

As a result of the reverse stock split, the Company expects its
stock price to increase proportionally.  The reverse stock split
is intended to help the Company regain compliance with the minimum
$1 bid price per share requirement for continued listing on the
NASDAQ Capital Market.  The Company does not believe that it will
regain compliance by the August 26, 2013, deadline set by NASDAQ,
and, as a result, the Company might receive a delisting notice
from NASDAQ.  The Company plans to appeal any such notice, which
would stay the delisting pending the outcome of the appeal. The
Company also plans to continue working with NASDAQ during that
time to regain compliance.

Continental Stock Transfer & Trust will act as the Company's
Exchange Agent in connection with the reverse stock split.
Stockholders will receive the notices, forms and instructions
regarding the exchange of their pre-split shares for post-split
shares from the Exchange Agent or their broker.  No fractional
shares will be issued in connection with the reverse stock split.
Stockholders who would otherwise be entitled to receive a
fractional share will receive cash in lieu of the fractional
share.

Additional information regarding the reverse stock split can be
found in the Company's definitive proxy statement filed with the
Securities and Exchange Commission on July 2, 2013.

                   About VirtualScopics, Inc.

VirtualScopics, Inc. -- http://www.virtualscopics.com-- is a
provider of imaging solutions to accelerate drug and medical
device development.  VirtualScopics has developed a robust
software platform for analysis and modeling of both structural and
functional medical images.  In combination with VirtualScopics'
industry-leading experience and expertise in advanced imaging
biomarker measurement, this platform provides a uniquely clear
window into the biological activity of drugs and devices in
clinical trial patients, allowing sponsors to make better
decisions faster.

press release

Aug. 21, 2013, 6:00 p.m. EDT
BASi Files Form 8K Notice of Non-Compliance with a Continued
Listing Rule Non-Reliance on Previously Issued Financial
Statements

WEST LAFAYETTE, Ind., Aug 21, 2013 (BUSINESS WIRE) --

The Company is evaluating the debt covenants at each reporting
period and expects to be in breach of the tangible net worth
ratios in fiscal 2013.  The Company is communicating with its
lenders to obtain waivers for the applicable periods, if
necessary.


WOUND MANAGEMENT: Amends Second Quarter Form 10-Q
-------------------------------------------------
Wound Management Technologies, Inc., filed an amendment to its
quarterly report on Form 10-Q for the period ended June 30, 2013,
as filed with the Securities and Exchange Commission on Aug. 12,
2013, for the sole purpose of furnishing Exhibit 101 to the Form
10-Q which contains the XBRL (eXtensible Business Reporting
Language) Interactive Data File for the financial statements and
notes included in Part 1, Item 1 of the Form 10-Q.  As permitted
by rule 405(a)(2)(ii) of Regulation S-T, Exhibit 101 was required
to be furnished by amendment within 30 days of the original filing
date of the Form 10-Q.  No changes have been made to the Form
10-Q.  A copy of the Amended Form 10-Q is available for free at:

                        http://is.gd/hSVSTr

                       About Wound Management

Fort Worth, Texas-based Wound Management Technologies, Inc.,
markets and sells the patented CellerateRX(R) product in the
expanding advanced wound care market; particularly with respect to
diabetic wound applications.

Wound Management disclosed a net loss of $1.84 million on $1.17
million of revenue for the year ended Dec. 31, 2012, as compared
with a net loss of $12.74 million on $2.21 million of revenue
during the prior year.  The Company's balance sheet at March 31,
2013, showed $1.61 million in total assets, $6.09 million in total
liabilities and a $4.47 million total stockholders' deficit.

Pritchett, Siler & Hardy, P.C., in Salt Lake City, Utah, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2012.  The independent
auditors noted that the Company has incurred substantial losses
and has a working capital deficit which factors raise substantial
doubt about the ability of the Company to continue as a going
concern.


* Keehn Attys Must Face Malpractice Suit, Calif. Court Says
-----------------------------------------------------------
Law360 reported that a California appeals court ruled that a lower
court improperly found in favor of Keehn & Associates bankruptcy
attorneys in a professional negligence suit over their
representation during securities arbitrations, finding that the
firm's evidence didn't meet its threshold summary judgment burden.

According to the report, Plaintiff Mark Augusta sued L. Scott
Keehn and Keehn & Associates for professional negligence, breach
of fiduciary duty and fraud, alleging their negligence caused him
to lose valuable claims against other attorneys who had
represented him in securities arbitrations.


* McBride & Collier Ducks Class Cert. Over Fees in Ch. 7
--------------------------------------------------------
Law360 reported that a Louisiana federal judge refused to certify
a proposed class action brought against the law firm McBride &
Collier by an ex-client who alleged the firm violated federal
bankruptcy laws addressing fee collection and client contracts in
Louisiana-based Chapter 7 proceedings.

According to the report, Dorothy Marie Wheeler of Shreveport, La.,
sought certification of two overlapping classes, alleging that the
firm illegally collected prepetition debts after the filing of
bankruptcy petitions and failed to provide clients with proper
contracts before doing so.

The case is Wheeler v. Collier et al, Case No. 5:11-cv-01670 (W.D.
La.) before Judge S. Maurice Hicks.


* Morgan Drexen Responds to CFPB Lawsuit Over Data Mining
---------------------------------------------------------
Morgan Drexen issued a response to a lawsuit filed in California
by the Consumer Financial Protection Bureau on Aug. 20, a week
before the agency is required to answer a Washington, DC court's
scheduling order to prove its constitutionality.  Morgan Drexen
joined Connecticut attorney Kimberly Pisinski in a lawsuit
challenging the constitutionality of the agency in its attempt to
data mine the communications of bankruptcy clients of Ms. Pisinksi
and other attorneys Morgan Drexen supports.

"There are two glaring misrepresentations in the CFPB press
release -- one, that Morgan Drexen is a support services company
NOT a debt-settlement company; and two, that CFPB's
constitutionality as an agency is in question now -- because of a
lawsuit Morgan Drexen filed last month," said Morgan Drexen CEO
Walter Ledda.

"Instead of proceeding in an orderly manner and in accordance with
the schedule ordered by the federal court in Washington, DC, the
CFPB has chosen to engage in procedural gamesmanship by opening a
new front to the lawsuit 3000 miles away in Los Angeles," said
Randall K. Miller, Venable partner and counsel for Morgan Drexen
in a lawsuit filed in federal district court in Washington, D.C.
That lawsuit against the CFPB was filed on July 22.

Mr. Miller points out that Morgan Drexen does not charge any fees
to consumers.  The attorneys who hire Morgan Drexen charge fees
for their work, and is not out of line for their industry.  The
attorneys who provide debt relief -- even though they're not
obligated to -- do so in compliance with the Telemarking Sales
Rule and those attorneys who provide bankruptcy services do so in
compliance with the US Bankruptcy Code, Mr. Miller said.

The propriety of Morgan Drexen support services model has been
evaluated and confirmed by at least 16 jurisdictions across the
country, including state bars and district courts.

"It is interesting to point out that the CFPB didn't mention
attorneys in their press release, even though that's who Morgan
Drexen works for," said Mr. Ledda.

"We work at the direction of the attorneys and pursuant to the
Rules of Professional Conduct in the attorneys' respective
states," he said.

The company sued the CFPB for its attempts to data mine personal,
protected consumer information provided solely to their attorneys
that is not of the public record -- including attorney
communications, the nature of the client's engagement with their
attorney, attorney notes and other, non-public information.

                       About Morgan Drexen

Morgan Drexen -- http://www.morgandrexen.com-- provides
integrated software systems and administrative support services to
businesses and industries nationwide.  Morgan Drexen's proprietary
MDIS software improves workflow through the use of automated
document management.  In addition to computer technology, Morgan
Drexen provides businesses with marketing, marketing support, call
centers, outsourced litigation support, databases, work-product
retrieval systems and cloud-computing platforms facilitated by the
company's outsourced support staff


* New York Attorney General Files Lawsuit Against Payday Lenders
----------------------------------------------------------------
Andrew R. Johnson, Reed Albergotti and Alan Zibel, writing for The
Wall Street Journal, reported that New York Attorney General Eric
Schneiderman sued an online lender with ties to an American Indian
tribe and its affiliates, alleging they charged interest rates to
low-income New Yorkers that were more than 10 times higher than
state law allows.

According to the report, Mr. Schneiderman accused Western Sky
Financial LLC and its affiliates, WS Funding LLC and CashCall
Inc., of acting "in concert" in an alleged scheme to make loans at
more than 355% annual interest.

The lawsuit poses a key test for regulators who have begun
cracking down on online lenders, including those affiliated with
Indian tribes, the report said.  Government officials say the
lenders are violating state interest-rate caps and consumer-
protection laws, but tribes say they are immune because they
operate as sovereign governments.

The report related that a group of 16 tribes that offer short-term
loans over the Internet sent a letter to Benjamin Lawsky, New
York's top banking regulator, saying they wouldn't comply with
cease-and-desist orders he issued last week.

Tribes also are challenging the authority of the Consumer
Financial Protection Bureau, which has broad powers to police
online lending, according to people familiar with the matter, the
report further related.  The CFPB sent civil subpoenas in mid-2012
to several tribal lenders seeking information about their
operations, but the tribes haven't complied, arguing the CFPB
doesn't have the authority to demand the information from another
government, these people said.


* Regulator Subpoenas Banks Over Long Warehouse Queues
------------------------------------------------------
Silla Brush and Dawn Kopecki, writing for Bloomberg News, reported
that the top U.S. derivatives regulator subpoenaed Goldman Sachs
Group Inc. and JPMorgan Chase & Co. for documents relating to
their warehouses for aluminum and other metals, according to two
people with knowledge of the probe.

The Commodity Futures Trading Commission has requested documents
dating to the start of 2010 about the banks' commodity warehouses,
according to the people, who asked not to be named because the
subpoenas are private, the report related.  Glencore Xstrata Plc,
which owns warehousing business Pacorini, also received a
subpoena, another person said.

MillerCoors LLC, Encore Wire Corp. and other metal users have
complained about long queues and artificially high prices at the
warehouses, particularly for copper and aluminum, the report
added.

"We're a market regulator overseeing the commodity futures, swaps
markets and have clear authority to police markets for fraud,
manipulation and other abuses," CFTC Chairman Gary Gensler said in
response to questions about warehousing at a Senate Banking
Committee hearing last month, the report further related.

Dennis Holden, a CFTC spokesman, declined to comment on the
subpoenas, the report said.


* SAC Allowed by Federal Judge to Keep Operating
------------------------------------------------
Patricia Hurtado, writing for Bloomberg News, reported that SAC
Capital Advisors LP, which is facing federal insider-trading
charges and a money-laundering lawsuit, was granted court approval
to continue operating until the cases are resolved.

According to the report, U.S. District Judge Richard Sullivan in
Manhattan, who's presiding over the money-laundering case, on
Aug. 9 signed an order to protect the Stamford, Connecticut-based
fund's legitimate operations from being impeded by the government
while the case is pending.

The indictment of SAC, the New York hedge fund owned by Steven A.
Cohen, and the related laundering case were announced July 25 by
Manhattan U.S. Attorney Preet Bharara, who called SAC "a veritable
magnet for market cheaters," the report related. Bharara said SAC
reaped hundreds of millions of dollars in illicit profits through
separate insider-trading schemes by at least eight former SAC fund
managers and analysts.

"By entering a restraining order, the court can preserve the
status quo pending the jury's verdict and the outcome of any
proportionality hearing," according to the order jointly submitted
by prosecutors and SAC, the report further related.  "Here the
government requests a protective order that imposes limited
measures designed to preserve the availability of the defendant
property for forfeiture."

The cases are U.S. v. SAC Capital Advisors LP, 13-cr-00541; U.S.
v. SAC Capital Advisors LP 13-cv-05182, U.S. District Court,
Southern District of New York (Manhattan).


* U.S. Agrees Not to Prosecute "London Whale"
---------------------------------------------
Dan Fitzpatrick, Devlin Barrett and Gregory Zuckerman, writing for
The Wall Street Journal, reported that the J.P. Morgan Chase & Co.
trader known as the "London whale" has reached an agreement with
federal authorities to avoid criminal prosecution over a $6
billion trading loss, but two former colleagues are expected to be
charged, according to people close to the case.

The report related that prosecutors are expected to charge Javier
Martin-Artajo, a Spaniard who led the team that made the
disastrous trades, and Julien Grout, a Frenchman responsible for
recording and distributing daily values on the group's positions.
They don't, however, plan to bring charges against Bruno Iksil,
who made the wagers that earned him the nickname, according to a
person close to the situation.

According to the report, the developments mark the first move by
prosecutors trying to uncover who was responsible for the trading
fiasco in a London outpost of the bank's chief investment office,
and whether any wrongdoing was involved. The decision not to
prosecute Mr. Iksil suggests the former trader has emerged as an
important witness.

J.P. Morgan has been arguing that a small group of traders was
largely responsible for the mess, which generated big trading
losses early in 2012, the report said.  It isn't clear whether
prosecutors expect to bring charges against others, or have
concluded that more-senior executives did nothing wrong.

A lawyer representing Mr. Martin-Artajo, who was Mr. Iksil's
direct boss, said in a statement that his client is confident that
he will be exonerated once a "complete and fair reconstruction of
these complex events is completed," the report further related.


* U.S. Arrests Seven in $140 Million Penny Stock Fraud Case
-----------------------------------------------------------
Christie Smythe and Patricia Hurtado, writing for Bloomberg News,
reported that seven people accused of taking part in a $140
million international penny stock fraud that U.S. prosecutors say
is one of the largest in history were arrested.

According to the report, federal agents arrested six individuals
in the U.S. accused of participating in a scheme to inflate the
values of at least a dozen worthless stocks and market them to
investors, Brooklyn U.S. Attorney Loretta E. Lynch said.  A
seventh defendant was arrested in Canada, she said.

The stocks were sold to victims in as many as 35 countries,
prosecutors said, the report related.  Some victims were swindled
a second time through a separate scheme in which investors were
told they would pay an "advance fee" to recoup their losses,
according to prosecutors.

"The defendants used our securities markets as a platform from
which to run elaborate fraudulent schemes to victimize
unsuspecting investors across the globe," Lynch said in a
statement, the report cited.  "Where others saw citizens of the
world, the defendants saw a pool of potential marks."

As many as nine individuals were involved in the conspiracy,
according to a 24-count indictment filed Aug. 7, the report said.
Two of the defendants, Canadian citizens Gregory Curry and Sandy
Winick, who prosecutors said orchestrated the scheme, are still at
large, said Zugiel Soto, a spokeswoman for Lynch.

The criminal case is U.S. v. Winick, 13-cr-00452, U.S. District
Court, Eastern District of New York (Brooklyn).


* SEC Charges Former Oppenheimer Manager with Misleading Investors
------------------------------------------------------------------
Kaitlyn Kiernan, writing for The Wall Street Journal, reported
that U.S. regulators filed civil administrative charges against
former Oppenheimer Holdings Inc. fund manager Brian Williamson,
accusing him of misleading investors by inflating the value of
certain holdings.

According to the report, the Securities and Exchange Commission
alleges Mr. Williamson, who used to run Oppenheimer Global
Resource Private Equity Fund LP, "made material false and
misleading statements and omissions to investors and prospective
investors concerning the valuation" of his fund beginning in
September 2009. The SEC valuation probe was first reported by The
Wall Street Journal last year.

Mr. Williamson denies wrongdoing, the report said.

"We are deeply disappointed with the SEC's decision to bring an
enforcement action in this matter," Mr. Williamson's lawyers,
Andrew J. Levander and Cheryl A. Krause from Dechert LLP, wrote in
a statement, the report related.  "Mr. Williamson will vigorously
defend against these charges and looks forward to vindicating his
good name and reputation in the industry."

The SEC is seeking a repayment of any ill-gotten gains and civil
penalties for violation of antifraud provisions of various
securities laws, the report further related.  The administrative
proceeding will be heard within 30 to 60 days by an SEC
administrative law judge.


* Accounting Regulator Proposes In-Depth Reports From Auditors
--------------------------------------------------------------
Tracy Alloway, writing for The Financial Times, reported that
auditors will have to provide much more detailed information when
signing off on companies' financial statements under a
controversial proposal put forward by a US accounting watchdog,
partly aimed at preventing future accounting scandals.

The new requirements would be the first overhaul of the so-called
standard "auditor's report" since the 1940s, according to the
Public Company Accounting Oversight Board, which voted unanimously
in favour of the proposal, the report said.

For more than 70 years the auditor's report has consisted of a
boilerplate "pass or fail" statement, with auditors either
choosing to sign off on a company's accounts or not, the report
related.  Under the PCAOB proposal, accounting firms will have to
disclose to investors the most difficult and subjective judgments
they make when performing their audits.

According to the report, the move follows similar efforts by UK
and international accounting regulators, aimed at breaking away
from the "pass or fail" model. However, the PCAOB's proposal could
have a far-reaching impact since any company listed on a US
exchange will be affected, accounting experts say.

"I think of it as telling investors what kept the auditor up at
night," Jay Hanson, PCAOB board member, told the newspaper. "They
are a window into the audit, intended to provide more information
about the difficulty faced by auditors in connection with
providing assurance on certain important and complex aspects of
the company's financial statements or internal controls."


* Moody's to Revise US State Outlook to Stable on Better Economy
----------------------------------------------------------------
Moody's Investors Service has revised its outlook for US states to
stable from negative, as the slowly improving US economy continues
supporting growth in state revenues and reserves. Moody's also
acknowledges the economic recovery has been uneven, one reason
that the local government outlook remains negative.

"US State Sector Outlook Revised to Stable" explains the outlook
change in detail, while "Why US Local Governments Still Have a
Negative Outlook Despite Stabilization at the State Level"
discusses the continuing negative outlook for the local
governments.

At the state level, the recovery has stabilized key indicators of
credit quality, says Moody's. Also, federal cuts have become less
likely to undermine continued growth.

Moody's outlook for the states was negative for five years. Credit
quality among states remains extremely high, however, with 30 of
the 50 states having either Aaa or Aa1 ratings, the two highest
possible ratings.

"Improving labor and housing markets have boosted consumer
confidence, and strong stock market performance has further
improved state revenues," says Moody's Baye Larsen, Vice President
and lead author of the state outlook report. "Additionally, now
that the scope of federal cuts is better understood, there is less
uncertainty regarding the pace of continued economic recovery."

Despite a slow start, states continued to experience revenue
growth in fiscal 2013, says Moody's, with many states recording
better-than expected results.

States have also been boosting reserves. Median reserve levels
grew both in fiscal 2012 and fiscal 2013 and are now comfortably
above the low level they reached in fiscal 2010, although still
well below their pre-recession peaks, says Moody's.

There are several risks to the stable outlook, says Moody's. One
is the potential for federal deficit reduction, especially
cutbacks in government employment and procurement, to create drag
on the economy. Another major risk is budgetary pressure from
pension contributions.

Moody's also notes employment levels are still below their pre-
recession peak and regional divides in economic growth across the
US are delaying full fiscal recovery in some states.

The unevenness of the economic recovery is a main reason that
Moody's outlook for the local governments remains negative. Some
local governments continue to suffer from depopulation,
deindustrialization, and a weak housing recovery, says Moody's.

Another reason is local governments fund most of their budgets
with property taxes. Even as many housing markets recover, there
is a delay before growth in market value translates into higher
assessed values and increases in property taxes.

Other important revenue streams for local governments, such as
state aid and sales taxes, have not recovered to the same extent
as income or capital gains taxes have. The latter two are major
sources of revenue for states.

The outlook captures Moody's expectations for the fundamental
credit conditions in the sector over the next 12 to 18 months.


* Moody's Notes Slight Rise in Liquidity-Stress Index as of July
----------------------------------------------------------------
Moody's Liquidity-Stress Index (LSI) ticked up to 3.6% as of mid-
August from 3.4% at the end of July, but remains near its record
low of 2.8%, Moody's Investors Service says in the latest edition
of SGL Monitor. The LSI remains comfortably below its 7.2% long-
term average, with continued benign readings indicating that few
US speculative-grade, non-financial companies are experiencing
liquidity problems.

The LSI falls when corporate liquidity appears to improve and
rises when it appears to weaken.

"Market appetite for high-yield debt has returned following the
sharp decline in issuance in June, which is a positive development
for corporate liquidity," says Senior Vice President, John
Puchalla. "Companies should find the markets willing to
accommodate debt issuance that can be used to push out maturities,
shore up balance sheets and extend headroom under financial
maintenance covenants."

And while SGL rating downgrades have outnumbered upgrades in most
months over the past two years, the opposite was true in the first
half of August, Puchalla says, when there were six upgrades and
two downgrades. The downgrade of Allied Nevada Gold was the only
rating action involving Moody's weakest liquidity rating, SGL-4,
and accounts for the slight increase in the LSI so far this month.

Moody's Covenant-Stress Index (MCSI) fell to 2.1% in July from
2.2% in June, also remaining near its record low of 1.7%. The
index measures the extent to which speculative-grade companies are
at risk of violating their debt covenants, with a higher reading
indicating a higher risk of violations.

"Most companies have a comfortable cushion under their financial
maintenance covenants, with the low MCSI reading signaling only a
small risk of covenant violations over the next 12-15 months,"
Puchalla says. Just 15 companies had Moody's lowest score on the
covenant component of their overall score in July, compared with
16 the prior month, which along with the removal of three
companies from the index accounted for the latest downtick.


* Rise in U.S. Retail Sales Points to Pickup in Spending
--------------------------------------------------------
Lorraine Woellert, writing for Bloomberg News, reported that
retail sales rose in July for a fourth consecutive month, showing
American households are regaining momentum as employment climbs.

According to the report, the 0.2 percent increase in purchases
followed a 0.6 percent June gain that was larger than previously
reported, Commerce Department figures showed in Washington. The
numbers in the report that feed into gross domestic product
climbed by the most this year, prompting some economists to boost
growth estimates.

More jobs and rising household wealth tied to higher home values
and stock prices are boosting confidence and triggering improving
sales at companies such as Michael Kors Holdings Ltd., the report
related.  A pickup in consumer spending, which accounts for about
70 percent of the economy, would help counter the fiscal headwinds
of government cutbacks that have held back growth.

"We're seeing sales pick up in multiple categories -- that's a
promising sign that consumer spending might be a little bit
stronger in the third quarter," Michael Brown, an economist with
Wells Fargo Securities LLC in Charlotte, North Carolina, told the
news agency. "We've seen wage and salary growth continue to expand
with the pace of employment. That's helped support some additional
consumer activity." Wells Fargo is the top forecaster of retail
sales, according to data collected by Bloomberg.


* National Credit Default Rates Marginally Increased in July
------------------------------------------------------------
Data through July 2013, released on Aug. 20 by S&P Dow Jones
Indices and Experian for the S&P/Experian Consumer Credit Default
Indices, a comprehensive measure of changes in consumer credit
defaults, showed increase in national default rates during the
month.  The national composite was 1.35% in July, up from 1.34% in
June.  The first mortgage was 1.25% in July, up from 1.23% posted
last month.  The second mortgage remained flat since last month at
its historic low of 0.54%.  The auto loan default rate posted
1.03% in July, up from a 1.00% June level.  The bank card rate hit
a new low of 3.22% in July; it was 3.41% in June.

"Consumer credit quality remains healthy", says David M. Blitzer,
Managing Director and Chairman of the Index Committee for S&P Dow
Jones Indices.  "The first mortgage was 1.25% in July, only two
basis points up from its recent low posted last month.  Across all
other categories default rates remain at or marginally above their
historic lows.  The second mortgage default rate remained flat at
a new low of 0.54% reached last month.  Bank card default rate hit
a new low of 3.22%, 19 basis points down from June and 41 basis
points down from May level.  Auto loan default rate was 1.03%,
three basis points up from its historic low posted last month.
All loan types remain below their respective levels a year ago.

"All five cities saw increased default rates in July. Miami
increased the most; it posted 2.06%, 31 basis points up from last
month.  Chicago recorded 1.75%, 16 basis points above the last
month's level.  New York increased by nine basis points, Dallas by
five and Los Angeles by three basis points.  All five cities
remain below default rates they posted a year ago, in July 2012."

The table below summarizes the July 2013 results for the
S&P/Experian Credit Default Indices.  These data are not
seasonally adjusted and are not subject to revision.

        S&P/Experian Consumer Credit Default Indices
        National Indices
        Index           July 2013     June 2013     July 2012
                        Index Level   Index Level   Index Level
        Composite       1.35          1.34          1.51
        First Mortgage  1.25          1.23          1.41
        Second Mortgage 0.54          0.54          0.75
        Bank Card       3.22          3.41          3.83
        Auto Loans      1.03          1.00          1.01
        Source: S&P/Experian Consumer Credit Default Indices
        Data through July 2013

The table below provides the S&P/Experian Consumer Default
Composite Indices for the five MSAs:

        Metropolitan     July 2013     June 2013     July 2012
        Statistical Area Index Level   Index Level   Index Level
        New York         1.52          1.43          1.49
        Chicago          1.75          1.59          1.84
        Dallas           0.97          0.92          0.98
        Los Angeles      1.56          1.53          1.67
        Miami            2.06          1.75          2.39
        Source: S&P/Experian Consumer Credit Default Indices
        Data through July 2013

                   About S&P Dow Jones Indices

S&P Dow Jones Indices LLC -- http://www.spdji.com-- is a part of
McGraw Hill Financial.  It is the world's largest, global resource
for index-based concepts, data and research.  Home to iconic
financial market indicators, such as the S&P 500(R) and the Dow
Jones Industrial Average(TM), S&P Dow Jones Indices LLC has over
115 years of experience constructing innovative and transparent
solutions that fulfill the needs of investors.  More assets are
invested in products based upon our indices than any other
provider in the world.  With over 830,000 indices covering a wide
range of asset classes across the globe, S&P Dow Jones Indices LLC
defines the way investors measure and trade the markets.

                           About Experian

Experian -- http://www.experianplc.com-- is a global information
services company, providing data and analytical tools to clients
around the world.  The Group helps businesses to manage credit
risk, prevent fraud, target marketing offers and automate decision
making.  Experian also helps individuals to check their credit
report and credit score, and protect against identity theft.

Experian plc is listed on the London Stock Exchange (EXPN) and is
a constituent of the FTSE 100 index.  Total revenue for the year
ended March 31, 2013 was US$4.7 billion.  Experian employs
approximately 17,000 people in 40 countries and has its corporate
headquarters in Dublin, Ireland, with operational headquarters in
Nottingham, UK; California, US; and Sao Paulo, Brazil.


* U.S. Mortgage Group Forced to Correct Initiative Stats
--------------------------------------------------------
Phil Mattingly and Tom Schoenberg, writing for Bloomberg News,
reported that President Barack Obama's administration
significantly overstated statistics from a year-long mortgage-
fraud initiative, including total number of victims, their losses
suffered and number of individuals criminally charged, according
to an FBI memo.

The Federal Bureau of Investigation, in the document sent Aug. 10,
asked members of the administration's Mortgage Fraud Working Group
to correct and update any public materials related to the results
released in October of a year-long law enforcement initiative
targeting fraud schemes aimed at vulnerable homeowners, the report
related.

According to the report, the FBI restated the number of people
criminally charged to 107 from 530. Agencies were asked to correct
victims' total losses to $95 million from an estimated $1 billion,
and the number of victims found to 17,185 from more than 73,000.

"This targeted approach resulted in the successful filing of many
criminal and civil cases around the country, but regrettably, the
statistics reported in October included cases that fell outside
the specific parameters of the initiative," the FBI, which co-
chairs the mortgage group, said in the memo.

The corrected statistics come in response to a Bloomberg News
story reporting that some cases cited occurred before the
initiative began in October 2011, including one filed by
prosecutors more than two years before Obama took office.


* U.S. Said to Plan Charges Against Ex-JPMorgan Employees
---------------------------------------------------------
Patricia Hurtado, Keri Geiger & Dawn Kopecki, writing for
Bloomberg News, reported that the U.S. may announce charges
against former London-based JPMorgan Chase & Co. employees related
to allegations they tried to conceal losses last year, a person
familiar with the matter said.

According to the report, the situation remains fluid and it isn't
clear who may be charged, said the person, who requested anonymity
because the information wasn't public. Those facing U.S. charges
include Javier Martin-Artajo, a former executive who oversaw the
trading strategy, and Julien Grout, a trader who worked for him,
the New York Times reported Aug. 9. Prosecutors also are weighing
penalties for the bank, including a fine and a reprimand, the
newspaper said in a subsequent report.

The investigation has centered on whether employees at JPMorgan's
chief investment office attempted to inflate the value of trades
on the bank's books by mismarking them, a person with knowledge of
the matter said previously, the report related.  Federal officials
are considering charges related to mismarking books and falsifying
documents, the person said.

Police showed up at Grout's home in London and his landlord gave
them his forwarding address in the south of France, according to a
person with direct knowledge of the matter, the report further
related.  A spokesman for London's Metropolitan Police declined to
comment. A French citizen, Grout may be difficult to arrest if
he's charged because France has tougher extradition laws than the
U.K., the person said.


* Bankruptcy Watchdogs Seek Greater Scrutiny of Legal Fees
----------------------------------------------------------
Jacqueline Palank, writing for The Wall Street Journal, reported
that the appointment of a fee examiner to monitor legal bills in
Detroit's Chapter 9 case comes in the midst of a push by the
Department of Justice to crack down on the perception of
bankruptcy as a billing bonanza for attorneys.

According to the report, starting Nov. 1, attorneys representing
large corporate debtors in Chapter 11 will be subject to
additional disclosures and rules. Debtors will also face a bigger
push to ensure that someone -- namely, a fee examiner -- is
keeping an eye on the meter, which in large bankruptcy cases often
runs into the tens of millions of dollars.

"It's something in these larger cases that we think ought to be
done with greater frequency," Clifford J. White III, who leads the
Justice Department unit responsible for monitoring bankruptcy
cases and enforcing bankruptcy laws, said, the report related.

On a call sponsored by the American Bankruptcy Institute, Mr.
White explained the hallmarks of the new fee guidelines that his
cadre of bankruptcy watchdogs, called U.S. trustees, will use to
evaluate attorney fee requests in bankruptcy courts across the
country. In Chapter 11, a debtor must secure court approval for
its choice of lawyers, and their fees are also subject to court
approval as well as public scrutiny.

While U.S. trustees can, and often do, object to legal fee
applications, some of the biggest bankruptcy cases regularly
involve dozens of law firms that submit extensive invoices
throughout the case, the report said.  In those cases, the court
may appoint an independent fee examiner to make sure the fees are
reasonable and to point out any red flags to the bankruptcy judge.
There's a fee examiner in the American Airlines Chapter 11 case,
for instance, and one was just appointed in Detroit's Chapter 9
bankruptcy case.


* John Samberg Joins Wolf Rifkin as Partner in Reno Office
----------------------------------------------------------
Los Angeles based law firm, Wolf Rifkin Shapiro Schulman & Rabkin,
LLP (WRSS&R), with offices in Las Vegas and Reno, welcomes the
highly experienced trial attorney John Samberg as a partner in
their Reno office.  Mr. Samberg's extensive experience in areas of
commercial, construction, and bankruptcy litigation, real estate
disputes, creditor's right, and major injury/wrongful death cases
are expected to be a major asset to the firm.

Mr. Samberg was a founding member of a Southern California
boutique civil trial practice handling commercial litigation and
major injury/wrongful death cases across the nation from 1985 to
2007.  Before entering the practice of law, he worked as a private
detective and still holds an active California Private Detective
license.

"Backed by nearly 30 years of civil practice in state, federal and
bankruptcy courts across the country, John Samberg will be the
lead partner in our Reno office," says Michael Wolf, managing
partner at WRSS&R.  "With John's past achievements and diverse
professional experiences, we know he will greatly add to our
firm's success."

"I'm very excited to be joining the WRSS&R team," said
Mr. Samberg.  "The breadth of the firm's practice and multiple
office locations, combined with the depth of colleague support,
presents a strong opportunity for client service and market
growth."

                           About WRSS&R

Comprised of a team of over 40 attorneys, WRSS&R --
http://www.wrslawyers.com-- specializes in all areas of law.
Offering top quality legal expertise at reasonable costs, WRSS&R
has garnered a national reputation as a leading law firm. Their
offices are located in Los Angeles, Las Vegas, Reno and
Birmingham, Alabama.


* McGlinchey's Bankruptcy Lawyers Included in Best Lawyers List
---------------------------------------------------------------
McGlinchey Stafford on Aug. 20 disclosed that 38 of the firm's
attorneys have been selected by their peers for inclusion in the
2014 edition of The Best Lawyers in America(R) and four of these
attorneys were selected for the publication's "Lawyers of the
Year."

The four attorneys who were singled out as 2014 "Lawyers of the
Year" were Samuel A. Bacot (Real Estate Law), Michael H. Rubin
(Litigation - Banking and Finance), John F. Sieberth (Patent Law)
and Stephen P. Strohschein (Litigation - Bankruptcy) and the
complete list of The Best Lawyers in America(R) from McGlinchey
Stafford is below.

The Best Lawyers in America(R) 2014 from McGlinchey Stafford:

Albany, NY

-- Marc J. Lifset Financial Services Regulation Law, Litigation -
Banking and Finance

Baton Rouge, LA

-- Rudy J. Aguilar, Jr. Commercial Litigation, Corporate Law,
Litigation - Mergers and Acquisitions

-- Brad J. Axelrod Bankruptcy and Creditor Debtor Rights /
Insolvency and Reorganization Law, Corporate Law

-- Samuel A. Bacot* Litigation - Real Estate, Real Estate Law

-- Richard A. Curry Commercial Litigation, Litigation -
Environmental

-- Michael D. Ferachi Commercial Litigation, Litigation - Banking
and Finance

-- R. Marshall Grodner Equipment Finance Law

-- Deborah Duplechin Harkins Gaming Law, Government Relations
Practice

-- Mary Terrell Joseph Banking and Finance Law

-- Christine Lipsey Commercial Litigation

-- Kai David Midboe Environmental Law

-- Jay M. O'Brien Appellate Practice

-- R. Andrew Patty II Copyright Law, Patent Law, Trademark Law

-- Anthony Rollo Litigation - Banking and Finance, Mass Tort
Litigation / Class Actions - Defendants

-- Michael H. Rubin* Appellate Practice, Bet-the-Company
Litigation, Commercial Litigation, Litigation - Banking and
Finance

-- John F. Sieberth* Patent Law, Trademark Law

-- Stephen P. Strohschein* Bankruptcy and Creditor Debtor Rights /
Insolvency and Reorganization Law, Litigation - Bankruptcy

-- Dan E. West Commercial Litigation, Litigation - Environmental

Cleveland, OH

-- Mark S. Edelman Financial Services Regulation Law

-- Barbara Friedman Yaksic Commercial Litigation, Litigation -
Banking and Finance, Litigation - Bankruptcy

Dallas, TX

-- Steven T. Holmes Bankruptcy and Creditor Debtor Rights /
Insolvency and Reorganization Law

-- Eldon L. Youngblood Real Estate Law

Jackson, MS

-- H. Hunter Twiford III Commercial Litigation, Litigation -
Banking and Finance, Litigation - Municipal

New Orleans, LA

-- Richard A. Aguilar Bankruptcy and Creditor Debtor Rights /
Insolvency and Reorganization Law, Commercial Litigation,
Litigation - Banking and Finance, Litigation - Bankruptcy,
Litigation - Mergers and Acquisitions, Litigation - Real Estate,
Litigation - Trusts and Estates

-- Stephen P. Beiser Employment Law - Management, Labor Law -
Management

-- Mark N. Bodin Personal Injury Litigation - Defendants

-- Jaye A. Calhoun Litigation and Controversy - Tax, Tax Law

-- Rudy J. Cerone Bankruptcy and Creditor Debtor Rights /
Insolvency and Reorganization Law

-- Katherine Conklin Employee Benefits (ERISA) Law

-- Larry Feldman, Jr. Bet-the-Company Litigation, Commercial
Litigation

-- Bennet S. Koren Banking and Finance Law, Litigation - Banking
and Finance

-- Kathleen A. Manning Personal Injury Litigation - Defendants,
Product Liability Litigation - Defendants

-- B. Franklin Martin III Commercial Litigation

-- Colvin Norwood, Jr. Personal Injury Litigation - Defendants,
Product Liability Litigation - Defendants

-- Erin Fury Parkinson Personal Injury Litigation - Defendants

-- Kenneth A. Weiss Elder Law, Litigation - Trusts and Estates,
Non-Profit / Charities Law, Tax Law, Trusts and Estates

-- Constance Charles Willems Communications Law, Litigation -
Regulatory Enforcement (SEC, Telecom, Energy)

-- Gerard E. Wimberly, Jr. Commercial Litigation

* = 2014 Lawyer of the Year

                  About Best Lawyers in America(R)

Best Lawyers in America(R) compiles its lists of outstanding
attorneys by conducting exhaustive peer-review surveys in which
thousands of leading lawyers confidentially evaluate their
professional peers.  The current edition of The Best Lawyers in
America is based on more than 3.9 million detailed evaluations of
lawyers by other lawyers.  Corporate Counsel magazine has called
Best Lawyers "the most respected referral list of attorneys in
practice."

                   About McGlinchey Stafford

McGlinchey Stafford is a full-service law firm providing
innovative legal counsel to business clients nationwide. Guiding
clients wherever business and law intersect, McGlinchey Stafford
attorneys are based in ten offices in California, Florida,
Louisiana, Mississippi, New York, Ohio and Texas.


* Waller's Bankruptcy Attorneys Included in Best Lawyers List
-------------------------------------------------------------
Best Lawyers(R), the oldest and most highly-respected peer-
reviewed guide to legal excellence in the legal profession, has
named 58 Waller attorneys to its 2014 edition of The Best Lawyers
in America, six of whom were named "Lawyers of the Year."  The
list is compiled based on exhaustive national surveys of more than
4 million evaluations of lawyers by their professional peers.

"We are thrilled that so many Waller attorneys have been
recognized by Best Lawyers," said John Tishler, chairman of
Waller, Nashville's oldest and largest law firm.  "This prodigious
achievement for all of our attorneys demonstrates the breadth of
knowledge and dedication each make to the many clients who rely on
them across all of our practices groups.  We are particularly
proud of the five new attorneys who are being recognized for their
remarkable professionalism and tremendous achievements in legal
services for the first time, as well as the six attorneys who
received the highest honor as Lawyers of the Year."

Waller attorneys were recognized by Best Lawyers in more than 45
distinct practice areas.  Many were listed in multiple
specialties. Attorneys representing each of Waller's offices in
Nashville, Birmingham, and Austin, which opened in 2012, were
among those honored.

The following attorneys were recognized in their respective
practice areas.  The six Nashville attorneys recognized as Lawyers
of the Year are also indicated below.

Austin

        --  Fletcher Brown, Partner - Health Care Law
        --  Anthony E. Pletcher, Counsel - Personal Injury
Litigation-Plaintiffs & Defendants

Birmingham

        --  Larry B. Childs, Partner - Banking & Finance Law,
Commercial Litigation, Litigation-Banking & Finance, Litigation-
Construction
        --  Rebecca W. Pritchett, Partner - Environmental Law,
            Litigation-Environmental

Nashville

        --  Stephen C. Baker, Partner - Real Estate Law
        --  George W. Bishop III, Partner - Corporate Law, Health
Care Law, Litigation-Mergers & Acquisitions, Mergers &
Acquisitions Law
        --  Robert E. Boston, Partner - Bet-the-Company
Litigation, Commercial Litigation, Employment Law-Management,
Labor Law-Management, Litigation-Labor & Employment
        --  James B. Bristol, Partner - Employee Benefits (ERISA)
Law, Employment Law-Management, Litigation-ERISA, Tax Law
        --  Brian R. Browder, Partner - Health Care Law
        --  Alexander B. Buchanan, Counsel-
Administrative/Regulatory Law,
            Corporate Law, Public Finance Law; *Lawyer of the
Year*
        --  Mathew R. Burnstein, Partner - Corporate Law, Mergers
& Acquisitions Law
        --  Jeffrey A. Calk, Partner - Real Estate Law
        --  Edward M. Callaway, Partner - Environmental Law;
*Lawyer of the Year*
        --  Robert R. Campbell, Jr., Partner - Banking & Finance
Law, Project Finance Law, Real Estate Law
        --  John D. Claybrook, Partner - Real Estate Law
        --  J. Chase Cole, Partner - Corporate Law, Mergers &
Acquisitions Law
        --  Lew Conner, Counsel - Arbitration, Bet-the-Company
Litigation, Commercial Litigation, Family Law, Family Law
Mediation, Litigation-Construction, Mediation; *Lawyer of the
Year*
        --  Waverly D. Crenshaw, Jr., Partner - Employment Law-
Management, Litigation-Labor & Employment
        --  Marcus M. Crider, Partner - Employment Law-Management,
            Litigation-Labor & Employment
        --  Walter H. Crouch, Partner - Commercial Litigation,
            Litigation-Intellectual Property
        --  Paul S. Davidson, Partner - Commercial Litigation,
            Litigation-Antitrust, Litigation-Intellectual
Property, Litigation-Mergers & Acquisitions, Litigation-
Securities; *Lawyer of the Year*
        --  Ames Davis, Partner - Commercial Litigation
        --  James M. Doran, Jr., Partner - Bet-the-Company
Litigation, Commercial Litigation, Mass Tort Litigation/Class
Actions-Defendants, Product Liability Litigation-Defendants
        --  Christopher S. Dunn, Partner -Construction Law,
            Litigation-Construction
        --  Derek W. Edwards, Partner - Commercial Litigation
        --  Robert P. Felber, Jr., Partner - Franchise Law,
Trademark Law
        --  Carla Fiddler Fenswick, Partner - Health Care Law
        --  Shannon Goff Kukulka, Partner - Employee Benefits
(ERISA) Law
        --  Stanley E. Graham, Partner - Employment Law-
Management, Litigation-Labor & Employment
        --  J. Leigh Griffith, Partner - Government Relations
Practice, Litigation
            & Controversy-Tax, Tax Law
        --  Matthew T. Harris, Partner, -- Litigation-Real Estate,
Real Estate Law
        --  Robert L. Harris, Partner - Banking & Finance Law
        --  Robb S. Harvey, Partner - Commercial Litigation,
Franchise Law, Litigation-First Amendment, Litigation-Intellectual
Property, Media Law
        --  E. Brent Hill, Partner - Corporate Law, Health Care
Law
        --  Heather J. Hubbard, Partner - Copyright Law,
Litigation-Intellectual Property, Litigation-Patent, Trademark Law
        --  Richard A. Johnson, Partner - Tax Law, Trusts &
Estates
        --  J. Steven Kirkham, Partner - Real Estate Law
        --  David E. Lemke, Partner - Bankruptcy & Creditor Debtor
            Rights/Insolvency & Reorganization Law
        --  Nora L. Liggett, Partner - Health Care Law
        --  Kim Harvey Looney, Partner - Health Care Law
        --  Gerald F. Mace, Partner - Banking & Finance Law
        --  E. Marlee Mitchell, Partner - Corporate Law, Mergers &
            Acquisitions Law, Securities/Capital Markets Law,
Mutual Funds Law; *Lawyer of the Year*
        --  Donald R. Moody, Partner - Corporate Law, Mergers &
Acquisitions Law
        --  Andrew S. Naylor, Partner - Labor Law-Management,
Litigation-Labor & Employment
        --  E. Andrew Norwood, Partner - Copyright Law,
Information Technology Law, Litigation-Intellectual Property,
Litigation-Patent, Patent Law, Technology Law, Trademark Law;
*Lawyer of the Year*
        --  W. Travis Parham, Partner - Commercial Litigation,
Litigation-Banking & Finance, Litigation-Real Estate, Litigation-
Securities
        --  Michael R. Paslay, Partner - Bankruptcy & Creditor
Debtor Rights/Insolvency & Reorganization Law, Litigation-
Bankruptcy
        --  Thomas H. Peebles IV, Counsel - Eminent Domain &
Condemnation Law
        --  MaryEllen S. Pickrell, Partner - Corporate Law
        --  Patricia Owen Powers, Counsel - Health Care Law
        --  G. Scott Rayson, Partner - Corporate Law, Health Care
Law, Mergers & Acquisitions Law
        --  Colbey B. Reagan, Partner - Health Care Law
        --  L. Hunter Rost, Jr., Partner - Mergers & Acquisitions
Law
        --  John C. Tishler, Partner - Bankruptcy & Creditor
Debtor
            Rights/Insolvency & Reorganization Law, Litigation-
Bankruptcy
        --  Charles A. Trost, Counsel - Tax Law, Trusts & Estates
        --  James M. Weaver, Partner - Environmental Law, Gaming
Law, Government Relations Practice
        --  Joseph A. Woodruff, Partner - Commercial Litigation,
            Litigation-Banking & Finance, Litigation-Securities
        --  G. Michael Yopp, Partner - Litigation & Controversy-
Tax, Tax Law

                          About Waller

Waller -- http://www.wallerlaw.com-- is headquartered in
Nashville, Tennessee with offices in Birmingham, Alabama and
Austin, Texas.  With approximately 200 attorneys, Waller helps
clients navigate a diverse range of complex transactional,
regulatory and litigation issues across myriad industries.  Waller
is Nashville's oldest and largest law firm.  Founded in 1905,
Waller has client relationships spanning decades because time and
again, clients come for the lawyer and stay for the firm.


* Recent Small-Dollar & Individual Chapter 11 Filings
-----------------------------------------------------

In re Elton Johann
   Bankr. D. Ariz. Case No. 13-13782
      Chapter 11 Petition filed August 9, 2013

In re Felipe Sanchez
   Bankr. D. Ariz. Case No. 13-13797
      Chapter 11 Petition filed August 9, 2013

In re Mohdsameer Aljanedi
   Bankr. C.D. Cal. Case No. 13-30127
      Chapter 11 Petition filed August 9, 2013

In re Mohdsameer Aljanedi, DDS, INC.
        dba Pacifica Dental Group
        fdba Sameer Aljanedi, Inc.
   Bankr. C.D. Cal. Case No. 13-30136
     Chapter 11 Petition filed August 9, 2013
         See http://bankrupt.com/misc/cacb13-30136.pdf
         represented by: M. Jonathan Hayes, Esq.
                         SIMON RESNIK HAYES, LLP
                         E-mail: jhayes@srhlawfirm.com

In re Mohdsameer Aljanedi Prof. Dental Corporation
        dba Marina Dentistry
        fdba Marina Dentistry, Inc.
   Bankr. C.D. Cal. Case No. 13-30146
     Chapter 11 Petition filed August 9, 2013
         See http://bankrupt.com/misc/cacb13-30146.pdf
         represented by: M. Jonathan Hayes, Esq.
                         SIMON RESNIK HAYES, LLP
                         E-mail: jhayes@srhlawfirm.com

In re Tiffany Quilting & Drapery Inc.
   Bankr. M.D. Fla. Case No. 13-09940
     Chapter 11 Petition filed August 9, 2013
         See http://bankrupt.com/misc/flmb13-09940.pdf
         represented by: Raymond J. Rotella, Esq.
                         KOSTO & ROTELLA, P.A.
                         E-mail: rrotella@kostoandrotella.com

In re Sterling Ferguson
   Bankr. S.D. Fla. Case No. 13-28991
      Chapter 11 Petition filed August 9, 2013

In re Winners Sports Bar and Grill, Inc.
   Bankr. N.D. Ill. Case No. 13-31873
     Chapter 11 Petition filed August 9, 2013
         See http://bankrupt.com/misc/ilnb13-31873.pdf
         represented by: Ernesto D, Borges, Esq.
                         LAW OFFICES OF ERNESTO BORGES
                         E-mail: notice@billbusters.com

In re Mary Giovacchini
   Bankr. D.N.J. Case No. 13-27581
      Chapter 11 Petition filed August 9, 2013

In re Hayashi, LLC
        dba Hayashi-ya Japanese Cuisine
   Bankr. E.D.N.C. Case No. 13-05024
     Chapter 11 Petition filed August 9, 2013
         See http://bankrupt.com/misc/nceb13-05024.pdf
         represented by: Travis Sasser, Esq.
                         SASSER LAW FIRM
                         E-mail: tsasser@carybankruptcy.com

In re Brenda Lugo Velez
   Bankr. D.P.R. Case No. 13-06518
      Chapter 11 Petition filed August 9, 2013

In re John Sandlin
   Bankr. W.D. Wash. Case No. 13-17297
      Chapter 11 Petition filed August 9, 2013

In re John Sandlin
   Bankr. W.D. Wash. Case No. 13-17299
      Chapter 11 Petition filed August 9, 2013

In re Soho's Enterprises, LLC
   Bankr. S.D. W.Va. Case No. 13-20405
     Chapter 11 Petition filed August 9, 2013
         See http://bankrupt.com/misc/wvsb13-20405.pdf
         represented by: William W. Pepper, Esq.
                         PEPPER AND NASON
                         E-mail: tinas@peppernason.com

In re Land Survey Technologies, Inc.
   Bankr. D. Nev. Case No. 13-16914
     Chapter 11 Petition filed August 10, 2013
         See http://bankrupt.com/misc/nvb13-16914.pdf
         Represented by: Matthew C. Zirzow, Esq.
                         Larson & Zirzow
                         E-mail: mzirzow@lzlawnv.com

In re Valencia Group, LLC
   Bankr. C.D. Cal. Case No. 13-30218
     Chapter 11 Petition filed August 10, 2013
         See http://bankrupt.com/misc/cacb13-30218.pdf
         represented by: Michael J. Jaurigue, Esq.
                         Jaurigue Law Group
                         E-mail: michael@jauriguelaw.com

In re Michael Ebenroth
   Bankr. W.D. Mo. Case No. 13-43026
      Chapter 11 Petition filed August 11, 2013

In re Ziz Restaurant, Inc.
   Bankr. E.D.N.Y. Case No. 13-74154
     Chapter 11 Petition filed August 11, 2013
         See http://bankrupt.com/misc/nyeb13-74154.pdf
         represented by: Alan Stein, Esq.
                         E-mail: alan@alanstein.net

In re Charles Williams
   Bankr. N.D. Cal. Case No. 13-44612
      Chapter 11 Petition filed August 12, 2013

In re Frances Newman
   Bankr. N.D. Fla. Case No. 13-31023
      Chapter 11 Petition filed August 12, 2013

In re Larry Patton
   Bankr. N.D. Ill. Case No. 13-82791
      Chapter 11 Petition filed August 12, 2013

In re Michael Jackson
   Bankr. W.D. La. Case No. 13-81000
      Chapter 11 Petition filed August 12, 2013

In re Amira Badaway
   Bankr. D. Md. Case No. 13-23682
      Chapter 11 Petition filed August 12, 2013

In re Musa Badaway
   Bankr. D. Md. Case No. 13-23682
      Chapter 11 Petition filed August 12, 2013

In re Sonia Mejia
   Bankr. D. Mass. Case No. 13-14804
      Chapter 11 Petition filed August 12, 2013

In re Carrie Quagliaroli
   Bankr. D. N.H. Case No. 13-12011
      Chapter 11 Petition filed August 12, 2013

In re YWCA of Essex and West Hudson,Inc.
   Bankr. D.N.J. Case No. 13-27694
     Chapter 11 Petition filed August 12, 2013
         See http://bankrupt.com/misc/njb13-27694.pdf
         represented by: Stuart M. Nachbar, Esq.
                         Law Office of Stuart M Nachbar
                         E-mail: stuart@snanj.com

In re Barbara Ahrens
   Bankr. W.D.N.Y. Case No. 13-12150
      Chapter 11 Petition filed August 12, 2013

In re Pinto's Collision LLC
   Bankr. W.D.N.Y. Case No. 13-12148
     Chapter 11 Petition filed August 12, 2013
         See http://bankrupt.com/misc/nywb13-12148.pdf
         represented by: Arthur G. Baumeister, Jr., Esq.
                         Amigone, Sanchez, et al
                         E-mail: abaumeister@amigonesanchez.com

   In re Pinto's Towing & Recovery, LLC
      Bankr. W.D.N.Y. Case No. 13-12149
        Chapter 11 Petition filed August 12, 2013
            See http://bankrupt.com/misc/nywb13-12149.pdf
            represented by: Arthur G. Baumeister, Jr., Esq.
                            Amigone, Sanchez, et al
                         E-mail: abaumeister@amigonesanchez.com

In re Magar Magar
   Bankr. D. Ore. Case No. 13-35143
      Chapter 11 Petition filed August 12, 2013

In re Instrumentation and Controls, Inc.
   Bankr. E.D. Pa. Case No. 13-17059
     Chapter 11 Petition filed August 12, 2013
         See http://bankrupt.com/misc/paeb13-17059p.pdf
         See http://bankrupt.com/misc/paeb13-17059c.pdf
         represented by: Nella Moses Bloom, Esq.
                         Steven D. Usdin, Esq.
                         Flaster/Greenberg PC
                      E-mail: nella.bloom@flastergreenberg.com
                             steven.usdin@flastergreenberg.com

   In re ICI Green, L.L.C.
      Bankr. E.D. Pa. Case No. 13-17060
        Chapter 11 Petition filed August 12, 2013
            See http://bankrupt.com/misc/paeb13-17060p.pdf
            See http://bankrupt.com/misc/paeb13-17060c.pdf
            represented by: Nella Moses Bloom, Esq.
                            Steven D. Usdin, Esq.
                     E-mail: nella.bloom@flastergreenberg.com
                             steven.usdin@flastergreenberg.com

In re 4JZink, LLC
        dba Cheeburger Cheeburger
   Bankr. W.D. Pa. Case No. 13-23387
     Chapter 11 Petition filed August 12, 2013
         See http://bankrupt.com/misc/pawb13-23387.pdf
         represented by: Robert O Lampl, Esq.
                         E-mail: rol@lampllaw.com

In re Victor Pizarro Rohena
   Bankr. D.P.R. Case No. 13-6538
      Chapter 11 Petition filed August 12, 2013

In re James Felton
   Bankr. E.D. Tenn. Case No. 13-32931
      Chapter 11 Petition filed August 12, 2013

In re Viva Environmental, Inc.
   Bankr. W.D. Tex. Case No. 13-31317
     Chapter 11 Petition filed August 12, 2013
         See http://bankrupt.com/misc/txwb13-31317.pdf
         represented by: Carlos A. Miranda, III, Esq.
                         Carlos A. Miranda, III & Associates P.C
                         E-mail: cmiranda@mirandafirm.com

In re Michael Slaght
   Bankr. W.D. Wis. Case No. 13-13991
      Chapter 11 Petition filed August 12, 2013
In re William Dailey
   Bankr. D. Ariz. Case No. 13-13928
      Chapter 11 Petition filed August 13, 2013

In re Earl Calliste
   Bankr. D. D.C. Case No. 13-00500
      Chapter 11 Petition filed August 13, 2013

In re Donald Horn
   Bankr. M.D. Fla. Case No. 13-10664
      Chapter 11 Petition filed August 13, 2013

In re Kenton Findlay
   Bankr. S.D. Fla. Case No. 13-29223
      Chapter 11 Petition filed August 13, 2013

In re Driggs Investment Group, LLC
   Bankr. D. Idaho Case No. 13-40995
     Chapter 11 Petition filed August 13, 2013
         See http://bankrupt.com/misc/idb13-40995p.pdf
         See http://bankrupt.com/misc/idb13-40995c.pdf
         represented by: Aaron J. Tolson, Esq.
                         AARON J. TOLSON LAW OFFICES
                         E-mail: ajt@aaronjtolsonlaw.com

In re Ronald O'Connor
   Bankr. C.D. Ill. Case No. 13-91044
      Chapter 11 Petition filed August 13, 2013

In re Mary Prieto
   Bankr. E.D. La. Case No. 13-12200
      Chapter 11 Petition filed August 13, 2013

In re Clay Prieto
   Bankr. E.D. La. Case No. 13-12200
      Chapter 11 Petition filed August 13, 2013

In re Cowdog Holdings, LLC
   Bankr. E.D. La. Case No. 13-12197
     Chapter 11 Petition filed August 13, 2013
         See http://bankrupt.com/misc/laeb13-12197.pdf
         represented by: William G. Cherbonnier, Jr., Esq.
                       WILLIAM G. CHERBONNIER ATTORNEY AT LAW, LLC
                         E-mail: usbcdocs@billcherbonnier.com

In re James Vincent
   Bankr. W.D. Mo. Case No. 13-61273
      Chapter 11 Petition filed August 13, 2013

In re Playa Del Sol 380 condo Association
   Bankr. D.N.J. Case No. 13-27800
     Chapter 11 Petition filed August 13, 2013
         See http://bankrupt.com/misc/njb13-27800.pdf
         represented by: Dino S. Mantzas, Esq.
                         LAW OFFICE OF DINO S. MANTZAS
                         E-mail: dmantzas@aol.com

In re Jopindar Harika
   Bankr. W.D. Pa. Case No. 13-23400
      Chapter 11 Petition filed August 13, 2013

In re Eduardo Ruiz Valentin
   Bankr. D.P.R. Case No. 13-06575
      Chapter 11 Petition filed August 13, 2013

In re Annette Braffett Mulinelli
   Bankr. D.P.R. Case No. 13-06605
      Chapter 11 Petition filed August 13, 2013

In re Attic Space Self Storage, LLC
   Bankr. D. S.C. Case No. 13-04684
     Chapter 11 Petition filed August 13, 2013
         See http://bankrupt.com/misc/scb13-04684.pdf
         represented by: Nancy E. Johnson, Esq.
                         LAW OFFICE OF NANCY E. JOHNSON, LLC
                         E-mail: nej@njohnsonbankruptcy.com

In re John Britt
   Bankr. E.D. Va. Case No. 13-34390
      Chapter 11 Petition filed August 13, 2013

In re Alonzo Cano
   Bankr. W.D. Va. Case No. 13-71308
      Chapter 11 Petition filed August 13, 2013

In re Alaa Babiker
   Bankr. D. Ariz. Case No. 13-14064
      Chapter 11 Petition filed August 14, 2013

In re John Mcloughlin
   Bankr. D. Ariz. Case No. 13-14029
      Chapter 11 Petition filed August 14, 2013

In re William Berry
   Bankr. E.D. Ark. Case No. 13-14555
      Chapter 11 Petition filed August 14, 2013

In re William Prior
   Bankr. E.D. Cal. Case No. 13-30690
      Chapter 11 Petition filed August 14, 2013

In re Rolando Caballero
   Bankr. N.D. Cal. Case No. 13-54369
      Chapter 11 Petition filed August 14, 2013

In re William McNew
   Bankr. N.D. Ill. Case No. 13-82820
      Chapter 11 Petition filed August 14, 2013

In re Bay Town Realty LLC
   Bankr. D. Mass. Case No. 13-14837
     Chapter 11 Petition filed August 14, 2013
         See http://bankrupt.com/misc/mab13-14837.pdf
         represented by: Roger Stanford, Esq.
                         Stanford & Schall
                         E-mail: rogerstanf@aol.com

In re Theodora Hart
   Bankr. D. Nev. Case No. 13-16968
      Chapter 11 Petition filed August 14, 2013

In re MRD Seventh Holding Company, LLC
   Bankr. D.N.J. Case No. 13-27877
     Chapter 11 Petition filed August 14, 2013
         See http://bankrupt.com/misc/njb13-27877.pdf
         represented by: Gabriel Fischbarg, Esq.
                         E-mail: fis123@yahoo.com

In re Why Bake Inc.
        aka Mr Tod's Pies
   Bankr. D.N.J. Case No. 13-27810
     Chapter 11 Petition filed August 14, 2013
         See http://bankrupt.com/misc/njb13-27810.pdf
         Filed pro se

In re Bonny Calloway
   Bankr. E.D. N.C. Case No. 13-5081
      Chapter 11 Petition filed August 14, 2013

In re IHP, Inc
   Bankr. E.D. Va. Case No. 13-13744
     Chapter 11 Petition filed August 14, 2013
         See http://bankrupt.com/misc/vaeb13-13744.pdf
         represented by: Gregory H. Counts, Esq.
                         Tyler, Bartl, Ramsdell & Counts, PLC
                         E-mail: gcounts@tbrclaw.com
In re Amirbhai Mahida
   Bankr. C.D. Cal. Case No. 13-30562
      Chapter 11 Petition filed August 15, 2013

In re Les Deux Garcons, LLC T/A Bistrot Le Zinc
   Bankr. D. D.C. Case No. 13-00505
     Chapter 11 Petition filed August 15, 2013
         See http://bankrupt.com/misc/dcb13-00505.pdf
         represented by: Darrell W. Clark, Esq.
                         STINSON MORRISON HECKER, LLP
                         E-mail: dclark@stinson.com

In re Melia El Bahri
   Bankr. M.D. Fla. Case No. 13-04992
      Chapter 11 Petition filed August 15, 2013

In re Elias Food Corp
   Bankr. N.D. Ill. Case No. 13-32665
     Chapter 11 Petition filed August 15, 2013
         See http://bankrupt.com/misc/ilnb13-32665.pdf
         represented by: Daniel L. Giudice, Esq.
                         GIUDICE LAW, LTD.
                         E-mail: giudicelaw@gmail.com

In re Hilltop Enterprises, Inc.
   Bankr. N.D. Miss. Case No. 13-13376
     Chapter 11 Petition filed August 15, 2013
         See http://bankrupt.com/misc/msnb13-13376.pdf
         represented by: Robert Gambrell, Esq.
                         GAMBRELL & ASSOCIATES, PLLC
                         E-mail: rg@ms-bankruptcy.com

In re Newton Company LLC
   Bankr. D. Nebr. Case No. 13-81745
     Chapter 11 Petition filed August 15, 2013
         See http://bankrupt.com/misc/neb13-81745.pdf
         represented by: Kathryn J. Derr, Esq.
                         KATHRYN J. DERR, PC, LLO
                         E-mail: kderr@berkshire-law.com

In re Salvador Macedo
   Bankr. D. Nev. Case No. 13-17015
      Chapter 11 Petition filed August 15, 2013

In re Bhavesh Patel
   Bankr. D.N.J. Case No. 13-27904
      Chapter 11 Petition filed August 15, 2013

In re Christopher DiCristo
   Bankr. D.N.J. Case No. 13-27912
      Chapter 11 Petition filed August 15, 2013

In re Abner Reed
   Bankr. D. N.M. Case No. 13-12692
      Chapter 11 Petition filed August 15, 2013

In re Rithimna Realty LLC
   Bankr. E.D.N.Y. Case No. 13-45017
     Chapter 11 Petition filed August 15, 2013
         See http://bankrupt.com/misc/nyeb13-45017.pdf
         Filed as Pro Se

In re B & Y Restaurant Group, LLC
   Bankr. S.D.N.Y. Case No. 13-12663
     Chapter 11 Petition filed August 15, 2013
         See http://bankrupt.com/misc/nysb13-12663.pdf
         represented by: Cynthia Maria Attard, Esq.
                         ATTARD & ASSOCIATES
                         E-mail: cattardesq@gmail.com

In re Protective Systems Technologies, Inc.
   Bankr. W.D.N.C. Case No. 13-31778
     Chapter 11 Petition filed August 15, 2013
         See http://bankrupt.com/misc/ncwb13-31778.pdf
         represented by: Dennis M. O'Dea, Esq.
                         SFS LAW GROUP
                         E-mail: dennis.odea@sfslawgroup.com

In re Cretia, Inc.
   Bankr. N.D. Tex. Case No. 13-34165
     Chapter 11 Petition filed August 15, 2013
         See http://bankrupt.com/misc/txnb13-34165.pdf
         represented by: Edie Walters, Esq.
                         Walters Law, P.C.
                         E-mail: ediewalt@gmail.com

In re J & J Insulation and Acoustics, Inc.
   Bankr. S.D. Tex. Case No. 13-20386
     Chapter 11 Petition filed August 15, 2013
         See http://bankrupt.com/misc/txsb13-20386.pdf
         represented by: Ralph Perez, Esq.
                         CAVADA LAW OFFICE
                         E-mail: ralph.perez@cavadalawoffice.com

In re Raietta Johnson
   Bankr. E.D. Va. Case No. 13-73036
      Chapter 11 Petition filed August 15, 2013

In re Frontier Room LLC
   Bankr. W.D. Wash. Case No. 13-17435
     Chapter 11 Petition filed August 15, 2013
         See http://bankrupt.com/misc/wawb13-17435.pdf
         represented by: Larry B. Feinstein, Esq.
                         VORTMAN & FEINSTEIN
                         E-mail: feinstein2010@gmail.com

In re Ella Harvey
   Bankr. W.D. Wash. Case No. 13-17443
      Chapter 11 Petition filed August 15, 2013

In re Christine Caseber
   Bankr. W.D. Wash. Case No. 13-45276
      Chapter 11 Petition filed August 15, 2013

In re Reid-Dallas, LLC
   Bankr. W.D. Wash. Case No. 13-45286
     Chapter 11 Petition filed August 15, 2013
         Filed as Pro Se

In re First Impressions Child Enrichment Center, Inc.
   Bankr. N.D. Ala. Case No. 13-03707
     Chapter 11 Petition filed August 16, 2013
         See http://bankrupt.com/misc/alnb13-3707.pdf
         represented by: Rodrick J. Barge, Esq.
                         Shayana Boyd Davis, Esq.
                         Fresh Start Law Group, LLC
                         E-mail: rodrick@freshstartal.com
                                 shayana@freshstartal.com

In re Victoria Randall
   Bankr. C.D. Cal. Case No. 13-30745
      Chapter 11 Petition filed August 16, 2013

In re Elwyn Dubey
   Bankr. E.D. Cal. Case No. 13-30804
      Chapter 11 Petition filed August 16, 2013

In re Donahue Mountain Farm, LLC
   Bankr. D. Conn. Case No. 13-31581
     Chapter 11 Petition filed August 16, 2013
         See http://bankrupt.com/misc/ctb13-31581.pdf
         represented by: Richard C. Marquette, Esq.
                         E-mail: rcmarquette@aol.com

In re The Lauretti Corporation
   Bankr. D. Conn. Case No. 13-21676
     Chapter 11 Petition filed August 16, 2013
         See http://bankrupt.com/misc/ctb13-21676.pdf
         represented by: Christopher H. Thogmartin, Esq.
                         J Dimauro Law LLC
                         E-mail: chris@jdimaurolaw.com

In re John Freund
   Bankr. M.D. Fla. Case No. 13-10848
      Chapter 11 Petition filed August 16, 2013

In re Darryl Adams
   Bankr. M.D. Ga. Case No. 13-52162
      Chapter 11 Petition filed August 16, 2013

In re Susan Adams
   Bankr. M.D. Ga. Case No. 13-52162
      Chapter 11 Petition filed August 16, 2013

In re Stephen Parke
   Bankr. D. Idaho Case No. 13-1685
      Chapter 11 Petition filed August 16, 2013

In re Padraic Buckley
   Bankr. N.D. Ill. Case No. 13-32762
      Chapter 11 Petition filed August 16, 2013

In re Barbara Graham
   Bankr. D. Md. Case No. 13-23995
      Chapter 11 Petition filed August 16, 2013

In re David Graham
   Bankr. D. Md. Case No. 13-23995
      Chapter 11 Petition filed August 16, 2013

In re Stephan Maisondieu-Laforge
   Bankr. D. Nev. Case No. 13-17065
      Chapter 11 Petition filed August 16, 2013

In re PJ Hanleys Corp.
   Bankr. S.D. N.Y. Case No. 13-12677
     Chapter 11 Petition filed August 16, 2013
         See http://bankrupt.com/misc/nysb13-12677.pdf
         represented by: Jonathan S. Pasternak, Esq.
                         DelBello Donnellan Weingarten
                         Wise & Wiederkehr, LLP
                         E-mail: jpasternak@ddw-law.com

In re 300 Church Street, Inc.
   Bankr. N.D. Ohio Case No. 13-15787
     Chapter 11 Petition filed August 16, 2013
         See http://bankrupt.com/misc/ohnb13-15787.pdf
         represented by: Julie E. Rabin, Esq.
                         Rabin & Rabin Co LPA
                         E-mail: jerofficialmail@rabinandrabin.com
In re Luis Diesel Services Inc.
   Bankr. D.P.R. Case No. 13-06718
     Chapter 11 Petition filed August 16, 2013
         See http://bankrupt.com/misc/prb13-6718.pdf
         represented by: Nilda M. Gonz lez-Cordero, Esq.
                         E-mail: ngonzalezc@ngclawpr.com

In re Both Entertainment, LLC
   Bankr. S.D. Tex. Case No. 13-35081
     Chapter 11 Petition filed August 16, 2013
         See http://bankrupt.com/misc/txsb13-35081.pdf
         Filed pro se

In re Stephen Donnelly
   Bankr. W.D. Tex. Case No. 13-52206
      Chapter 11 Petition filed August 16, 2013

In re Wasatch Legal and Collections LLC
   Bankr. D. Utah Case No. 13-29422
     Chapter 11 Petition filed August 16, 2013
         See http://bankrupt.com/misc/utb13-29422.pdf
         Filed pro se

In re Luz Tintaya
   Bankr. E.D. Va. Case No. 13-13771
      Chapter 11 Petition filed August 16, 2013

In re Western Sazerac, LLC
        dba Vessel
   Bankr. W.D. Wash. Case No. 13-17464
     Chapter 11 Petition filed August 16, 2013
         See http://bankrupt.com/misc/wawb13-17464.pdf
         represented by: Jeffrey B. Wells, Esq.
                         E-mail: paralegal@wellsandjarvis.com

In re Moore Security Services, Inc.
   Bankr. N.D. Ill Case No. 13-32840
     Chapter 11 Petition filed August 17, 2013
         See http://bankrupt.com/misc/ilnb13-32840.pdf
         represented by: Deadra F Woods Stokes, Esq.
                         Deadra Woods Stokes & Associates, PC
                         E-mail: dwslawpc@gmail.com



                            *********


Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers"
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Wednesday's edition of the TCR.  Submissions about insolvency-
related conferences are encouraged.  Send announcements to
conferences@bankrupt.com/

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

For copies of court documents filed in the District of Delaware,
please contact Vito at Parcels, Inc., at 302-658-9911.  For
bankruptcy documents filed in cases pending outside the District
of Delaware, contact Ken Troubh at Nationwide Research &
Consulting at 207/791-2852.

                           *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors" Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Ronald C. Sy, Joel Anthony G. Lopez, Cecil R.
Villacampa, Sheryl Joy P. Olano, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2013.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-241-8200.


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