TCR_Public/140723.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

             Wednesday, July 23, 2014, Vol. 18, No. 203

                            Headlines

11850 DEL PUEBLO: Chap. 11 Case Dismissed
250 AZ: Court Dismisses Chapter 11 Case
ALLONHILL LLC: Exclusive Plan Filing Date Extended to Next Year
ALMA ENERGY: 6th Cir. Rules in THC & Pikeville Energy Dispute
AM PYROTECHNICS: Case Summary & 20 Largest Unsecured Creditors

AMERICAN MEDIA: Lenders Extend Default Waivers Until August 11
AMERICAN OPTICAL: Tiger Group to Conduct Online Auction for Assets
ANTONIO GUZMAN: Liquidation Proceedings With Ex-Wife May Proceed
BIG LAKE SPINE: Case Summary & 20 Largest Unsecured Creditors
BIOFUEL ENERGY: To Distribute Subscription Rights

BIOFUEL ENERGY: David Einhorn Reports 35.4% Equity Stake
BUDD COMPANY: TKNA Accord Revised; Status Hearing on July 25
BUDD COMPANY: July 25 Hearing on Bid for Exclusivity Extensions
BUDD COMPANY: Milliman Inc. Aproved as Actuary for UAW
BUDD COMPANY: Solic Okayed as Retirees Panel's Financial Advisor

CCM MERGER: S&P Affirms 'B' CCR & Rates $510MM Credit 'B+'
CLOUDEEVA INC: Files for Chapter 11 Protection in Trenton
CLOUDEEVA INC: Case Summary & 20 Largest Unsecured Creditors
COMPRESSCO PARTNERS: S&P Assigns 'B' CCR; Outlook Stable
CP HALL: No Approval Yet on Chapter 7 Trustee Settlement

CRUMBS BAKE SHOP: Section 341(a) Meeting Set on August 13
CYTODYN INC: Warren Averett LLC Raises Going Concern Doubt
DEWEY & LEBOEUF: Ex-Executives Settle With Bankruptcy Trustee
DIOCESE OF WILMINGTON: Objection to Ex-Priest's Claim Sustained
DOMUM LOCIS: Section 341(a) Meeting Scheduled for August 22

ERNESTO A. MELENDEZ PEREZ: Survives Case Dismissal Bid
EVOLUCIA INC: Has $1.7-Mil. Net Loss in Q1 Ended March 31
EXIDE TECHNOLOGIES: Shareholders Still Press for Official Panel
FIAT CHRYSLER: Expands Switch Recall to Include Jeep Commander
FREEDOM INDUSTRIES: Proofs of Claims Due Aug. 1, 2014

FUSION TELECOMMUNICATIONS: Amends 8.4MM Shares Resale Prospectus
GENERAL MOTORS: Long List of Cars Suffered From Ignition Woes
GRAVITY-RATTERNMAN: Case Summary & 20 Largest Unsecured Creditors
GROWLIFE INC: Net Loss at $71-Mil. in March 31 Quarter
HIPCRICKET INC: Incurs $5.42-Mil. Net Loss in May 31 Quarter

HOUSTON REGIONAL: Comcast, Astros, Rockets Told To Tune Sale Terms
JAMES RIVER: Postpones Auction Until July 28
KIDS BRANDS: Wants to Hire PwC as Financial Advisor
KOSMOS ENERGY: S&P Assigns 'B' CCR & Rates $300MM Sr. Notes 'CCC+'
LAUREN ENTERPRISES: Voluntary Chapter 11 Case Summary

LDK SOLAR: NYSE Reschedules Hearing on ADS Suspension Review
LOEHMANN'S HOLDINGS: Plan Confirmed, To Complete Wind-Down
LOVE CULTURE: Section 341(a) Meeting Scheduled for August 20
LV HARMON: Asks Court to Extend Filing of Schedules to July 31
MIDTOWN SCOUTS: To Present Plan for Confirmation on Aug. 28

MINERALRITE CORP: Reports $581K Net Loss for March 31 Quarter
MMODAL INC: Says Exit Plan Has Support From Key Parties
MMODAL INC: Can Enter Into $50MM Wells Fargo Exit Facility
MUD KING: Equity Holders to Retain Interests Under Plan
MUD KING: NOV's Trade Secret Claim Estimated at $74K

NATIONAL AUTOMATION: Has $1.66-Mil. Net Income in March 31 Quarter
NEIL ST. JOHN RAYMOND: Court Rules in Ch.7 Trustee's Lawsuit
NEWPAGE HOLDINGS: Verso Starts New Tender Offer for Merger
PARADIGM ELIZABETH: Case Summary & 2 Unsecured Creditors
PHILADELPHIA ENTERTAINMENT: Hearing Today on DLA Piper Employment

PHILADELPHIA ENTERTAINMENT: Hearing Today to Approve Plan Outline
POLLO EL PROVOCON: Case Summary & 2 Largest Unsecured Creditors
PRIME TIME: 1st Amended Plan Declared Effective
PSL-NORTH AMERICA: Gets OK To Proceed with Auction of Assets
QUANTUM FOODS: Panel Hires Freeborn & Peters as Litigation Atty.

REDONDO CONSTRUCTION: Court Rules on Home-Office Overhead Damages
RIVER-BLUFF: Hires James Perkins as Special Counsel
RIVER-BLUFF: Gets Final Ok to Use Cash Collateral
RIVER-BLUFF: Receivership Termination Hearing Set for Aug. 11
ROTHSTEIN ROSENFELDT: Trustee, Feds Reach Deal To Repay Victims

RYNARD PROPERTIES: July 30 Hearing on Bid to Extend Exclusivity
SAN BERNARDINO, CA: Says Talks with Firefighters Came to Naught
SEARS METHODIST: Battles with HUD Over Cash Collateral Use
SHOTWELL LANDFILL: Double J to Have $108,800 Unsecured Claim
SJC INC: Files Chapter 11 to Liquidate in GOB Sales

SJC INC: Case Summary & 20 Largest Unsecured Creditors
SOURCE HOME: U.S. Trustee Names Time, Walgreen, Teamsters to Panel
SQUARE GROUP: Case Summary & 20 Largest Unsecured Creditors
T-L CONYERS: July 30 Hearing on Bank's Stay Relief Motion
TAMM OIL: RBSM LLP Raises Going Concern Doubt

TARGA RESOURCES: S&P Raises CCR to 'BB+' on Increased Cash Flow
TAYLOR BEAN: BofA Strikes $10.3M Deal In Adversary Case
TIMOTHY P. SMITH: Court Dismisses Chapter 11 Case
TOWER GROUP: Net Loss at $51.9-Mil. in March 31 Quarter
TRAVELPORT HOLDINGS: Announced Early Results of Exchange Offers

TX OK AIR: Wins Confirmation of Chapter 11 Plan
U.S. COAL: Files Schedules of Assets and Liabilities
U.S. COAL: Okayed to Employ Glassratner as Financial Advisor
UNIVERSAL COOPERATIVES: Files Schedules of Assets and Liabilities
WESTMORELAND COAL: Offering 1.4MM Common Shares at $35.5 Apiece

WESTMORELAND COAL: Lonestar Partners Holds 5.4% Equity Stake
VIGGLE INC: Revenue Up Approximately 60% in 4Q 2014
WPCS INTERNATIONAL: Stockholders OK Sale of Pride Group
YMCA OF METROPOLITAN: Files Schedules of Assets and Liabilities
YMCA OF METROPOLITAN: Ernst & Young Okayed as Financial Advisors

ZUERCHER TRUST: To Sell Bayshore Property; Hearing on Aug. 5

* Collection Agent Hammered for Claiming Debt Barred by State Law

* Deutsche Bank Suffers From Reporting Problems, Regulators Said

* Robust Liquidity Supports Continued Low Default Rate
* Companies Helping With Student Loans Are Often Predatory

* Judge Orders Argentina and Funds to Negotiate

* A&M Named Global Turnaround Consulting Firm of the Year


                             *********


11850 DEL PUEBLO: Chap. 11 Case Dismissed
-----------------------------------------
Judge Robert Kwan of the U.S. Bankruptcy Court for the Central
District of California, Los Angeles Division, issued an order
approving 11850 Del Pueblo, LLC's motion for dismissal of its
Chapter 11 case.

As previously reported by The Troubled Company Reporter, the
Debtor sought for the dismissal of its case following the
resolution of the two-party dispute that brought it to bankruptcy.
The Debtor commenced the case in September 2012, in response to
precipitous action taken by its secured lender in the midst of
what the Debtor believed to be good faith negotiations concerning
the restructuring of the secured debt on the shopping mall, owned
and operated by the Debtor, located at 11820-11850 Valley
Boulevard, in El Monte, California.

After the case was filed, negotiations between the Debtor and the
secured lender resumed and in October 2013, they reached agreement
on terms and conditions for a consensual sale of the Property and
an allocation of the sale proceeds.  The Property has now been
sold and the lender has since been paid its share of the proceeds,
and the disputes between the Debtor and the secured lender have
otherwise been resolved.

                     About 11850 Del Pueblo

11850 Del Pueblo, LLC, first filed a Chapter 11 petition (Bankr.
C.D. Cal. Case No. 12-42819) in Los Angeles on Sept. 27, 2012.
The Debtor, a Single Asset Real Estate under 11 Sec. 101(51B),
owns property on 11850 Valley Boulevard, in El Monte, California.
The property, according to the schedules filed together with the
petition, is worth $9 million and secures a $17.5 million claim.
The Court eventually dismissed the bankruptcy case on Oct. 12,
2012, due to the Debtor's failure to timely file certain necessary
documents.

The Debtor filed a second petition (Bankr. C.D. Cal. 12-44726)
on Oct. 15, 2012.  Bankruptcy Judge Robert N. Kwan presides over
the case.

Patrick Galentine is the duly appointed state court receiver and
custodian for the Debtor.  Craig A. Welin, Esq., and Reed S.
Wadell, Esq., serve as bankruptcy counsel for the receiver.

U.S. Bank National Association, as trustee, successor-in-interest
to Bank of America, N.A., as Trustee, as successor by merger to
LaSalle Bank National Association, as Trustee, for the Registered
Holders of Deutsche Mortgage & Asset Receiving Corporation
Mortgage Pass-Through Certificates, Series CD2006-CD3, is
represented by Alan M. Feld, Esq., M. Reed Mercado, Esq., and Adam
McNeile, Esq., at Sheppard, Mullin, Richter & Hampton LLP.

                           *     *     *

This concludes the Troubled Company Reporter's coverage of 11850
Del Pueblo, LLC, until facts and circumstances, if any, emerge
that demonstrate financial or operational strain or difficulty at
a level sufficient to warrant renewed coverage.


250 AZ: Court Dismisses Chapter 11 Case
---------------------------------------
The Honorable Eileen W. Hollowell of the Bankruptcy Court for the
District of Arizona dismissed the chapter 11 case of 250 AZ, LLC.

The Debtor submitted a plan of reorganization in December 2013.
The confirmation hearing was continued to July 8, 2014, to allow
secured creditor RREF II DFC Acquisitions, LLC, to challenge the
feasibility of the Debtor's plan.  The Debtor does not have the
ability to fund its plan now and argues that a dismissal rather
than conversion to Chapter 7 liquidation is in the best interest
of the estate and creditors, as creditors would be able to pursue
remedies in state court.

The Court ordered an expedited hearing on the Debtor's Motion for
July 8, 2014 in Tucson.

RREF filed a limited objection to the Motion to Dismiss, saying it
does not oppose eventual dismissal of the case.  RREF, however,
wants the Court to grant its motion for relief from the automatic
stay to enable RREF to proceed with foreclosure of its collateral
property before another case could be commenced; grant that stay
relief, and convert the case to one under Chapter 7; or enter an
order of dismissal that precludes re-filing of a Chapter 11 case
and transfer of title to the collateral property for 180 days.

Susan S. Courtney, a secured creditor and party-in-interest, also
filed a limited objection.  Her counsel said the facts and
arguments made in the Limited Objection filed by RREF apply as
well to the Debtor's property that secures the debt owed to Ms.
Courtney and the Levkowitz Trust.  Ms. Courtney joins in, and
incorporates by reference, the same facts, arguments and requests
for relief made in RREF's Limited Objection.

Attorneys for RREF II DFC Acquisitions:

     Christopher C. Simpson, Esq.
     STINSON LEONARD STREET LLP
     1850 N. Central Avenue, Suite 2100
     Phoenix, AZ 85004-4584
     Tel: (602) 279-1600
     Fax: (602) 240-6925
     E-mail: christopher.simpson@stinsonleonard.com

          - and -

     Mark S. Carder, Esq.
     STINSON LEONARD STREET LLP
     1201 Walnut, Suite 2900
     Kansas City, MO 64105
     Tel: (816) 842-8600
     Fax: (816) 691-3495
     E-mail: mark.carder@stinsonleonard.com

Attorneys for Susan S. Courtney are:

     Christopher S. McDonagh, Esq.
     Dennis J. Clancy, Esq.
     RAVEN, CLANCY & MCDONAGH, P.C.
     145 South Sixth Avenue, Suite 3
     Tucson, AZ 85701
     Tel: (520) 798-5233
     Fax: (520) 798-5200
     E-mail: cmcdonagh@ravlaw.com
             dclancy@ravlaw.com

                        About 250 AZ, LLC

250 AZ, LLC, filed a Chapter 11 petition (Bankr. D. Ariz. Case No.
13-00851) in Tucson, Arizona, on Jan. 22, 2013.  In its schedules,
the Debtor disclosed $25 million in assets and $70.8 million in
liabilities.  250 AZ owns an 84.70818% tenant in common interest
in a 29-story office building located at 250 East Fifth Street, in
Cincinnati, Ohio.

The Debtor is represented by Dennis M. Breen, III, Esq., and John
E. Olson, Esq., at Breen Olson & Trenton, LLP as counsel.

The U.S. Trustee said an official committee of unsecured creditors
has not been appointed because an insufficient number of persons
holding unsecured claims against the company have expressed
interest in serving on a committee.


ALLONHILL LLC: Exclusive Plan Filing Date Extended to Next Year
---------------------------------------------------------------
Judge Kevin Gross of the U.S. Bankruptcy Court for the District of
Delaware extended the period by which Allonhill, LLC, has
exclusive right to file a plan until July 24, 2015, and the period
by which the Debtor has exclusive right to solicit acceptances of
that plan until Sept. 22, 2015.

The Debtor said it needs the additional time to further its
efforts to wind down its estate in an orderly, efficient, and
cost-effective way, analyze potential recoveries through the
establishment of a bar date for the filing of claims, resolve the
appeal in the case against Aurora Commercial Corporation, and,
most importantly, afford the Debtor a full and fair opportunity to
potentially negotiate, propose, and seek acceptances of a Chapter
11 plan.  According to the Debtor, a one-year extension of
exclusivity is atypical but is necessary in its case because the
requested extension is based on the estimated timing of the Aurora
Appeal to reach resolution.

                       About Allonhill LLC

Allonhill LLC, a professional services firm based in Denver,
Colorado, that previously provided loan due diligence and credit
risk management services for institutions that invest in, sell,
securitize or service mortgage loans, sought protection under
Chapter 11 of the Bankruptcy Code on March 26, 2014.  The case is
In re Allonhill, LLC, Case No. 14-bk-10663 (Bankr. D. Del.).

The Debtor's General Counsel is HOGAN LOVELLS US LLP.  The
Debtor's Local Counsel is Neil B. Glassman, Esq., Justin R.
Alberto, Esq., and Evan T. Miller, Esq., at BAYARD, P.A., in
Wilmington, Delaware.  Upshot Services LLC serves as the Debtor's
Claims and Noticing Agent.

The Debtor disclosed $19,205,062 in assets and $32,918,294 in
liabilities as of the Chapter 11 filing.

Roberta A. DeAngelis, U.S. Trustee for Region 3, notified the
Bankruptcy Court that she was unable to appoint an official
committee of unsecured creditors in the case of Allonhill, LLC.
The U.S. Trustee explained that there were insufficient response
to the communication/contact for service on the committee.


ALMA ENERGY: 6th Cir. Rules in THC & Pikeville Energy Dispute
-------------------------------------------------------------
In a lawsuit that began in bankruptcy court in the 2007 Chapter 11
case of Alma Energy LLC, THC Kentucky Coal Venture I, LLC and
others brought claims against Pikeville Energy Group, LLC and
others, and PEG and others brought cross-claims against THC and
others.  The bankruptcy court dismissed THC's complaint for want
of subject-matter jurisdiction and dismissed PEG's cross-claims
for failure to state a claim.  THC appealed and PEG cross-
appealed.  PEG missed a deadline in the cross-appeal to submit a
designation of items to be included in the record and a statement
of issues to be considered on appeal. When the bankruptcy court
denied PEG's motion to extend time, PEG also appealed that ruling
to the district court. In the district court, THC moved to dismiss
PEG's cross-appeal for want of prosecution. The district court
reversed the bankruptcy court's denial of PEG's motion to extend
time, denied THC's motion to dismiss, and concluded that the
bankruptcy court lacked subject-matter jurisdiction over PEG's
cross-claims and so erred by ruling on the merits of the cross-
claims. Although all parties agree that the jurisdictional ruling
was correct, THC appealed the district court's decision on PEG's
motion to extend time and THC's own motion to dismiss.

The U.S. Court of Appeals for the Sixth Circuit, in a July 15
ruling, concluded that because the bankruptcy court lacks
jurisdiction over the cross-claims, the disputes over the rulings
made in the course of PEG appealing the dismissal of the cross-
claims for failure to state a claim are moot.  Additionally, the
bankruptcy court awarded sanctions to THC against PEG, Banner
Industries of N.E., Inc., and Gary Richard for bad faith and
unpreparedness during a mediation ordered by the bankruptcy court.
The district court affirmed the award, and the Sixth Circuit
affirmed the district court.

The cases are PHAEDRA SPRADLIN, solely in her capacity as the
Chapter 7 Trustee of Alma Energy, LLC; THC KENTUCKY COAL VENTURE
I, LLC, Plaintiffs-Appellants/Cross-Appellees, v. GARY J. RICHARD;
BANNER INDUSTRIES OF N.E., INC.; PIKEVILLE ENERGY GROUP, LLC,
Defendants-Appellees/Cross-Appellants, Nos. 13-5629, 13-5630,
13-5728 (6th Cir.).  A copy of the Sixth Circuit's July 15, 2014
Opinion, penned by Circuit Judge Karen Nelson Moore, is available
at http://is.gd/4JiwRlfrom Leagle.com.

                        About Alma Energy

Alma Energy, LLC, owned rights to mine coal on two tracts of land
located in Pike County, Ky.  Out of cash, the Debtor suspended its
mining operation and sought chapter 11 protection (Bankr. E.D. Ky.
Case No. 07-70370) on August 13, 2007.  The mining operation was
restarted in 2008 with funding by Pikeville Energy Group, LLC, but
halted again during the chapter 11 proceeding.  On April 17, 2009,
the United States Trustee moved to dismiss the case or convert it
to a Chapter 7 liquidation proceeding.  On May 20, 2009, the
bankruptcy court entered an order converting the Debtor's case to
one under Chapter 7, and the U.S. Trustee appointed Phaedra
Spradlin as the Chapter 7 trustee.


AM PYROTECHNICS: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: AM Pyrotechnics, LLC
           aka National Fireworks Importing, LLC
           fdba AM Pyrotechnics Displays, LLC
           fdba AM Fireworks, LLC
        2429 E. 535th Road
`       Buffalo, MO 65622

Case No.: 14-60959

Nature of Business: Fireworks Company

Chapter 11 Petition Date: July 21, 2014

Court: United States Bankruptcy Court
       Western District of Missouri (Springfield)

Judge: Hon. Arthur B. Federman

Debtor's Counsel: Raymond I. Plaster, Esq.
                  RAYMOND I. PLASTER, PC
                  300 John Q. Hammons Parkway #105
                  Springfield, MO 65806
                  Tel: 417-831-6900
                  Fax: 417-831-6901
                  Email: riplaster@rip-pc.com

Total Assets: $0

Total Liabilities: $1.29 million

The petition was signed by Aaron Mayfield, managing member/owner.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/mowb14-60959.pdf


AMERICAN MEDIA: Lenders Extend Default Waivers Until August 11
--------------------------------------------------------------
American Media, Inc., JPMorgan Chase Bank, N.A., as administrative
agent, and the lenders party to the Revolving Credit Agreement
dated as of Dec. 22, 2010, entered into Amendment No. 2 to the
Credit Agreement.

On July 8, 2014, AMI entered into a non-binding Letter of Intent
with certain investors.  The LOI contains a term sheet for a
series of transactions between AMI and the Investors.  The
Investors will acquire 100% of the issued and outstanding common
stock of AMI through a merger whereby a subsidiary of an entity
owned by funds managed or controlled by the Investors would be
merged with and into AMI, with AMI surviving the Merger.

Pursuant to the Amendment, the Consenting Lenders have agreed to
waive until the earlier of (i) Aug. 11, 2014, and (ii) immediately
prior to the consummation of the proposed merger transaction
disclosed in the Current Report on Form 8-K filed on July 9, 2014,
any potential Default or Event of Default arising from the failure
to furnish to the Administrative Agent (i) the financial
statements, reports and other documents as required under Section
5.01(a) of the Credit Agreement with respect to the fiscal year of
the Company ended March 31, 2014, and (ii) the related
deliverables required under Sections 5.01(c) and 5.03(b) of the
Credit Agreement.

The Consenting Lenders also amended the definition of Permitted
Holder to include the new purchaser and permanently waived any
Change in Control or non-compliance with Section 6.09 of the
Credit Agreement as a result of the consummation of the
transactions contemplated by the letter of intent.

The filing of the Company's Annual Report on Form 10-K for the
fiscal year ended March 31, 2014, will be delayed due to the
additional time required to review and assess the impact on the
financial statements and disclosures to be included in the 10-K
associated with (i) the potential transactions contemplated by the
letter of intent and (ii) the previously announced disruption in
the Company's wholesaler distribution channel.

                       About American Media

Based in New York, American Media, Inc., publishes celebrity
journalism and health and fitness magazines in the U.S.  These
include Star, Shape, Men's Fitness, Fit Pregnancy, Natural Health,
and The National Enquirer.  In addition to print properties, AMI
manages 14 different Web sites.  The company also owns
Distribution Services, Inc., the country's #1 in-store magazine
merchandising company.

American Media, Inc., and 15 units, including American Media
Operations, Inc., filed for Chapter 11 protection in Manhattan
(Bankr. S.D.N.Y. Case No. 10-16140) on Nov. 17, 2010, with a
prepackaged plan.  The Debtors emerged from Chapter 11
reorganization in December 2010, handing ownership to former
bondholders.  The new owners include hedge funds Avenue Capital
Group and Angelo Gordon & Co.

American Media incurred a net loss of $55.54 million on $348.52
million of total operating revenues for the fiscal year ended
March 31, 2013, as compared with net income of $22.29 million on
$386.61 million of total operating revenues for the fiscal year
ended March 31, 2012.

As of Dec. 31, 2013, the Company had $565.84 million in total
assets, $692.81 million in total liabilities, $3 million in
redeemable noncontrolling interest, and a $129.97 million total
stockholders' deficit.

                           *     *     *

As reported by the TCR on Nov. 20, 2013, Standard & Poor's Ratings
Services raised its corporate credit rating on Boca Raton, Fla.-
based American Media Inc. to 'CCC+' from 'SD'.  "The upgrade
follows the company's exchange of $94.3 million of its $104.9
million 13.5% second-lien cash-pay notes due 2018 for privately
held $94.3 million 10% second-lien notes due 2018," said
Standard & Poor's credit analyst Hal Diamond.

In the July 10, 2014, edition of the TCR, Moody's Investors
Service has lowered American Media, Inc.'s Corporate Family Rating
(CFR) to Caa1 from B3.  The downgrade of American Media's CFR to
Caa1 reflects Moody's expectation for lower revenue and EBITDA
resulting in higher financial leverage.


AMERICAN OPTICAL: Tiger Group to Conduct Online Auction for Assets
------------------------------------------------------------------
By order of the U.S. Bankruptcy Court, Tiger Group's Remarketing
Services Division will conduct an online sale of ophthalmic and
optical equipment, designer eyeglass frames, and other assets of
Las Vegas-based eyewear specialists American Optical Services LLC.

Online bidding was scheduled to open on July 21 at
http://www.tigergroup.com/and will close in rapid succession,
live auction style, on July 28 beginning at 10:30 a.m. (ET).
Previews of the various assets being offered will be held July 25
and 26 at 12 locations operating under various names in Texas,
Colorado, Florida, Pennsylvania, and California.

"There's no better way for opticians, optometric and ophthalmic
offices to obtain equipment and frames at a discount," said
Jeff Tanenbaum, president of Tiger Remarketing Services.
"Equipment buyers can feel confident in purchasing these pre-owned
assets, as the AOS offices were thriving practices just weeks ago.
Whether interested in major equipment, small instruments, eyeglass
frames or fixtures, there's something for every optical practice
in this sale."

Key assets featured in the online auction include more than 20,000
designer frames, and significant optical and ophthalmic equipment
such as visual field perimeters, refractor keratometers, auto
lensometers, patternless edgers, stereofundus/mydratic cameras,
and lasers manufactured by such well-known companies as Gerber,
Humphrey Zeiss, Topcon, Santinelli, and Lumenis.  The sale also
includes medical office equipment, furniture and showroom
fixtures.  For a full catalog of the items offered, locations for
previews of individual items, and details on how to schedule a
site visit and bid, go to: http://www.tigergroup.com/

The previews will be held at seven Eyear 1-Hour Optical locations
in Texas: McAllen (two), Weslaco (two), Brownsville (two), and
Harlingen. Previews will also be held at the Orange Eye Center in
Orlando, Fla.; the Pennsylvania Retina Center in Norristown; at
The Eye Gallery in Aspen  and Carbondale, Colo.; and Optical World
Optometry in Santa Rosa, Calif.

American Optical Services LLC filed for Chapter 11 bankruptcy on
June 20, 2014 in the Delaware Bankruptcy Court (case number 1:14-
bk-11545).

                        About Tiger Group

Tiger Group -- http://www.tigergroup.com/-- provides asset
valuation, advisory and disposition services to a broad range of
retail, wholesale, and industrial clients.  Tiger operates main
offices in Boston, Los Angeles and New York.


ANTONIO GUZMAN: Liquidation Proceedings With Ex-Wife May Proceed
----------------------------------------------------------------
Bankruptcy Judge Enrique S. Lamoutte granted, in part, and denied,
in part, the joint request filed by debtor Antonio Luis Rivera
Guzman and creditor Sandra Viscal Rodriguez, the debtor's ex-wife,
requesting modification of the automatic stay so that a pending
liquidation proceeding of their post-marital community property
may continue before the Puerto Rico Court of First Instance,
Superior Court of San Juan.

Creditor Rina Biaggi Esq. filed an Opposition to the Motion,
arguing that the bankruptcy court had exclusive jurisdiction to
liquidate the post-marital community property.  She also sustains
that her interest in the post-marital community liquidation may be
impaired if the PR Court of First Instance allows a transfer of
such property for little or no consideration.  Creditor Gotay &
Perez, P.S.C. filed a Joinder in Opposition.

According to Judge Lamoutte, the automatic stay is modified for
the PR Court of First Instance (Case No. KAC 2012-1222) to proceed
adjudicating the property interests of the Debtor and his ex-wife
in their post-marital community property.  The bankruptcy court,
however, retains exclusive jurisdiction over the distribution of
the property.

A copy of the Court's July 14, 2014 Opinion and Order is available
at http://is.gd/WrtDHFfrom Leagle.com.

Antonio Luis Rivera Guzman filed a voluntary Chapter 11 bankruptcy
petition (Bankr. D.P.R. Case No. 13-06960) on August 27, 2013.


BIG LAKE SPINE: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

      Debtor                                   Case No.
      ------                                   --------
      Big Lake Spine & Sport, P.A.             14-42995
         dba Great River Spine & Sport
      1260 State Highway 25
      Monticello, MN 55362

      Integrated Care Clinics, P.A.            14-42996
         dba Great River Spine & Sport
      1260 State Highwy 25
      Monticello, MN 55362

Chapter 11 Petition Date: July 21, 2014

Court: United States Bankruptcy Court
       District of Minnesota (Minneapolis)

Judge: Hon. Katherine A. Constantine (14-42995)
       Hon. Michael E Ridgway (14-42996)

Debtors' Counsel: Steven B Nosek, Esq.
                  STEVEN B NOSEK, P.A.
                  2855 Anthony Ln S, Ste 201
                  St Anthony, MN 55418
                  Tel: 612-335-9171
                  Email: snosek@noseklawfirm.com

                                        Estimated     Estimated
                                         Assets      Liabilities
                                        ----------   -----------
Big Lake Spine & Sport, P.A.            $500K-$1MM    $500K-$1MM
Integrated Care Clinics, P.A.           $1MM-$10MM    $500K-$1MM

The petitions were signed by Bill E. Mickle, chief executive
officer.

A list of Big Lake Spine's 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/mnb14-42995.pdf

A list of Integrated Care's eight largest unsecured creditors is
available for free at http://bankrupt.com/misc/mnb14-42996.pdf


BIOFUEL ENERGY: To Distribute Subscription Rights
-------------------------------------------------
Biofuel Energy Corp. filed with the U.S. Securities and Exchange
Commission a Form S-1 registration statement relating to the
distribution, at no charge, to the holders of the Company's common
stock as of 5:00 p.m., New York City time, on [    ], 2014,
transferable subscription rights to purchase up to an aggregate of
[     ] shares of the Company's common stock, par value $0.01 per
share.  Each holder of the Company's common stock as of the record
date will receive one subscription right for each share of common
stock owned as of the record date.  As of the close of business on
July 11, 2014, there were 5,456,625 shares of the Company's common
stock issued and outstanding, net of 40,481 shares held in
treasury.

Each subscription right will permit the holder of that right to
acquire, at a rights price equal to $ [    ] per share of common
stock, [     ] shares of common stock.  The rights price
represents an approximately [    ] % discount to the closing price
of the Company's common stock on [     ], 2014.  Each holder of a
subscription right that fully exercises its basic subscription
privilege may also subscribe for additional shares.  The over-
subscription privilege, however, will only be offered for an
aggregate number of shares that, when combined with the number of
shares purchased pursuant to the stockholders' basic subscription
privilege, does not exceed [    ] shares.

The subscription rights will expire and have no value if they are
not exercised by 5:00 p.m., New York City time, on [    ] 2014.
All exercises of subscription rights are irrevocable.

A full-text copy of the Form S-1 prospectus is available at:

                        http://is.gd/iPqcWr

                       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.

Biofuel Energy incurred a net loss of $45.65 million in 2013, a
net loss of $46.32 million in 2012 and a net loss of $10.36
million in 2011.  As of Dec. 31, 2013, the Company had $15.65
million in total assets, $4.60 million in total liabilities
and $11.05 million in total equity.


BIOFUEL ENERGY: David Einhorn Reports 35.4% Equity Stake
--------------------------------------------------------
In an amended Schedule 13D filed with the U.S. Securities and
Exchange Commission, David Einhorn and his affiliates disclosed
that as of July 15, 2014, they beneficially owned 2,211,787 shares
of common stock of Biofuel Energy Corp. representing 35.4 percent
of the shares outstanding.  The reporting persons previously
disclosed beneficial ownership of 2,212,030 shares at June 10,
2014.  A full-text copy of the regulatory filing is available for
free at http://is.gd/BQ65Sd

                      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.

Biofuel Energy incurred a net loss of $45.65 million in 2013, a
net loss of $46.32 million in 2012 and a net loss of $10.36
million in 2011.  As of Dec. 31, 2013, the Company had $15.65
million in total assets, $4.60 million in total liabilities
and $11.05 million in total equity.


BUDD COMPANY: TKNA Accord Revised; Status Hearing on July 25
------------------------------------------------------------
The Budd Company, Inc., notified the Bankruptcy Court of the
amendment to settlement agreement dated March 26, 2014, between
the Debtor and its corporate affiliates; and ThyssenKrupp North
America, Inc., to extend the outside approval date to Sept. 15,
2014.  Copies of the modified and original stipulations are
available for free at:

  http://bankrupt.com/misc/BUDDCO_279_settlementmodification.pdf
  http://bankrupt.com/misc/BUDDCOMPANY_257_settlementagreement.pdf

An agreed order has been reached with the objectors to the
settlement agreement -- the Committee of Executive and
Administrative Retirees, and International Union, United
Automobile, Aerospace and Agricultural Workers of America.  The
Agreed Order provides that:

   1. the hearing on settlement motion is scheduled for Aug. 28,
at 1:30 p.m., and continued until Aug. 29, at 1:00 p.m.;

   2. objections, if any, are due 12:00 p.m. on Aug. 18;

   3. responses to objections will be filed no later that 11:59 on
Aug. 22;

   4. the Court will hold a status hearing on the settlement
motion on July 25, at 1:30 p.m.

The Retiree Committee had filed a motion for an order finding that
the outside approval date to be unenforceable.  The UAW filed a
joinder to that motion.

In its response, the Debtor said the settlement agreement is
valuable, but not critical to this case.

The UAW and the Retiree Committee stated that, among other things:

   1. they have not received sufficient information from Budd or
TKNA to evaluate the affiliate settlement agreement; and

   2. neither the Debtor nor TKNA has explained why the self-
imposed deadline in the affiliate settlement agreement cannot be
extended.

On June 12, the Debtor filed a supplement to its motion to approve
the affiliate settlement agreement, stating that:

   1. Unless approved by the Court, the settlement agreement will
terminate automatically on July 14.  Termination of the settlement
Agreement would be a terrible result for the Debtor's estate
because:

      (a) the settlement agreement eliminates the prospect of
lengthy, costly and risky litigation;

      (b) the economic terms of the Settlement Agreement are
heavily favorable to the Debtor's estate, providing an estimated
value to the Debtor and its creditors of approximately $284
million and increasing estimated distributions to the Debtor's
general unsecured creditors by approximately 36%, from
approximately 26% to approximately 35%5; and

      (c) the Debtor likely would not be able to obtain a
similarly favorable result if the settlement agreement terminates
and would, instead, almost certainly become mired in protracted
litigation.

Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reported that the Debtor has until July 25 to reach an agreement
with retirees and the UAW.

In the settlement, Thyssen would give Budd $10.3 million more in
cash and assume liability for Budd's pension plans, which have
unfunded liabilities of $197 million, according to the Bloomberg
report.

                     About The Budd Company

The Budd Company, Inc., a former supplier to the automotive
industry, filed for chapter 11 bankruptcy protection (Bankr. N.D.
Ill. Case No. 14-11873) on March 31, 2014, with a deal to settle
potential claims against its parent, ThyssenKrupp AG.

The company -- which ceased manufacturing operations in 2006 and
does not have any current employees, facilities or customers --
has obligations consisting largely of medical and other benefits
to approximately 10,000 former employees.

Liabilities amount to approximately $1 billion with assets of
approximately $400 million.  Most of the debt consists largely of
medical and other benefits to approximately 10,000 former
employees.

The Debtor disclosed $387,555,681 in assets and $1,107,350,034 in
liabilities as of the Chapter 11 filing.

The Hon. Jack B. Schmetterer oversees the case.  The Debtor has
tapped Proskauer Rose LLP as Chapter 11 counsel, Dickinson Wright
PLLC as special counsel, Epiq Bankruptcy Solutions, LLC as
noticing, claims and balloting agent, and Conway MacKenzie
Management Services, LLC's Charles M. Moore as CRO.

The U.S. Trustee appointed five individuals to serve on the
Committee of Executive & Administrative Retirees.  The Segal
Company (Eastern States), Inc. serves as the Committee's actuarial
consultant.


BUDD COMPANY: July 25 Hearing on Bid for Exclusivity Extensions
---------------------------------------------------------------
The Bankruptcy Court will convene a hearing on July 25, 2014, at
1:30 p.m., to consider The Budd Company, Inc.'s motion to extend
its exclusive periods to file a Chapter 11 Plan and solicit
acceptances for that Plan.

The Debtor requested that Court extend its exclusive right to file
a plan until Jan. 26, 2015; and (b) solicit acceptances of that
plan until March 30, 2015.

The Debtor's exclusive period to (a) file a plan expires on July
29, and (b) solicit acceptances thereto expires on Sept. 29.

The Debtor explained that the extensions will provide sufficient
time and opportunity for the Debtor, the parties-in-interest to
discuss and negotiate appropriate plan treatment for all classes
of creditors.

The Debtor is represented by:

         Brandon W. Levitan, Esq.
         PROSKAUER ROSE LLP
         70 W. Madison St.
         Chicago, IL 60602-4342
         Tel: (312) 962-3550
         Fax: (312) 962-3551

                     About The Budd Company

The Budd Company, Inc., a former supplier to the automotive
industry, filed for chapter 11 bankruptcy protection (Bankr. N.D.
Ill. Case No. 14-11873) on March 31, 2014, with a deal to settle
potential claims against its parent, ThyssenKrupp AG.

The company -- which ceased manufacturing operations in 2006 and
does not have any current employees, facilities or customers --
has obligations consisting largely of medical and other benefits
to approximately 10,000 former employees.

Liabilities amount to approximately $1 billion with assets of
approximately $400 million.  Most of the debt consists largely of
medical and other benefits to approximately 10,000 former
employees.

The Debtor disclosed $387,555,681 in assets and $1,107,350,034 in
liabilities as of the Chapter 11 filing.

The Hon. Jack B. Schmetterer oversees the case.  The Debtor has
tapped Proskauer Rose LLP as Chapter 11 counsel, Dickinson Wright
PLLC as special counsel, Epiq Bankruptcy Solutions, LLC as
noticing, claims and balloting agent, and Conway MacKenzie
Management Services, LLC's Charles M. Moore as CRO.

The U.S. Trustee appointed five individuals to serve on the
Committee of Executive & Administrative Retirees.  The Segal
Company (Eastern States), Inc. serves as the Committee's actuarial
consultant.


BUDD COMPANY: Milliman Inc. Aproved as Actuary for UAW
------------------------------------------------------
The Bankruptcy Court authorized International Union, United
Automobile, Aerospace and Agricultural Workers of America to
retain Milliman, Inc. as actuary nunc pro tunc to May 7, 2014.

The Court at a June 16 hearing, said that objections that have not
been resolved were overruled.

Milliman, Inc., is expected to, among other things:

   a. advise and assist the UAW in its actuarial analysis of
plans;

   b. assist financial advisors in projecting the cash flow of the
Debtor's cost related to benefit plans; and

   c. provide education regarding benefits to the UAW retirees.

UAW, in its application, stated that the primary professional
anticipated to work on the engagement are Suzanne Taranto and
Marcella Giorgou.   Ms. Taranto, principal and consulting actuary
of Milliman told the Court ongoing communications and review of
work product facilitate the sharing of information and assure the
continued alignment with established priorities and objectives,
thereby reducing the time expended and avoiding duplicative
efforts.

Milliman's hourly rates are:

         Lead Consulting Actuary   $500 - $615
         Reviewing FSA             $350 - $465
         Associate Actuary         $300 - $325
         Actuarial Analyst         $160 - $200

Milliman will apply a 50% discount rate to non-working travel time
billed.

UAW, in its application, said that it relies on that certain order
directing The Budd Company, Inc., to pay the reasonable and
necessary expenses of the legal, financial and other advisors of
the UAW as the Section 1114 authorized representative for the UAW
retirees.

To the best of UAW's knowledge, Milliman is a "disinterested
person" as that term is defined in Section 101(14) of the
Bankruptcy Code.

                     About The Budd Company

The Budd Company, Inc., a former supplier to the automotive
industry, filed for chapter 11 bankruptcy protection (Bankr. N.D.
Ill. Case No. 14-11873) on March 31, 2014, with a deal to settle
potential claims against its parent, ThyssenKrupp AG.

The company -- which ceased manufacturing operations in 2006 and
does not have any current employees, facilities or customers --
has obligations consisting largely of medical and other benefits
to approximately 10,000 former employees.

Liabilities amount to approximately $1 billion with assets of
approximately $400 million.  Most of the debt consists largely of
medical and other benefits to approximately 10,000 former
employees.

The Debtor disclosed $387,555,681 in assets and $1,107,350,034 in
liabilities as of the Chapter 11 filing.

The Hon. Jack B. Schmetterer oversees the case.  The Debtor has
tapped Proskauer Rose LLP as Chapter 11 counsel, Dickinson Wright
PLLC as special counsel, Epiq Bankruptcy Solutions, LLC as
noticing, claims and balloting agent, and Conway MacKenzie
Management Services, LLC's Charles M. Moore as CRO.

The U.S. Trustee appointed five individuals to serve on the
Committee of Executive & Administrative Retirees.  The Segal
Company (Eastern States), Inc. serves as the Committee's actuarial
consultant.


BUDD COMPANY: Solic Okayed as Retirees Panel's Financial Advisor
----------------------------------------------------------------
The Bankruptcy Court authorized the Committee of Executive and
Administrative Retirees in the Chapter 11 case of The Budd
Company, Inc., to retain Solic Capital Advisors, LLC as its
financial advisor.

Solic is expected to, among other things:

   a. review and analyze financial statements and other reports,
financial analyses, documents and information provided by the
Debtor and the Debtors' professionals, and other information and
date pursuant to the Retiree Committee's request;

   b. advise and assist the Retiree Committee in its examination
and analysis of the proposed settlement of claims between the
Debtor and its corporate parent and affiliates and any proposed
modifications to the benefits to certain existing and former
executive and administrative employees of the Debtor by the Debtor
that impact the Retiree Committee or its constituents; and

   c. review and analyze the Debtor's claim pool.

Neil Luria, senior managing director of Solic, told the Court that
the Retirees Committee agreed to pay the firm's flat fee of
$150,000.  He may be reached at:

     Neil Luria
     SOLIC Capital
     1603 Orrington Avenue Suite 1600
     Evanston, IL 60201
     Tel: 847-583-1618
     E-mail: info@soliccapital.com
             nluria@soliccapital.com

                     About The Budd Company

The Budd Company, Inc., a former supplier to the automotive
industry, filed for chapter 11 bankruptcy protection (Bankr. N.D.
Ill. Case No. 14-11873) on March 31, 2014, with a deal to settle
potential claims against its parent, ThyssenKrupp AG.

The company -- which ceased manufacturing operations in 2006 and
does not have any current employees, facilities or customers --
has obligations consisting largely of medical and other benefits
to approximately 10,000 former employees.

Liabilities amount to approximately $1 billion with assets of
approximately $400 million.  Most of the debt consists largely of
medical and other benefits to approximately 10,000 former
employees.

The Debtor disclosed $387,555,681 in assets and $1,107,350,034 in
liabilities as of the Chapter 11 filing.

The Hon. Jack B. Schmetterer oversees the case.  The Debtor has
tapped Proskauer Rose LLP as Chapter 11 counsel, Dickinson Wright
PLLC as special counsel, Epiq Bankruptcy Solutions, LLC as
noticing, claims and balloting agent, and Conway MacKenzie
Management Services, LLC's Charles M. Moore as CRO.

The U.S. Trustee appointed five individuals to serve on the
Committee of Executive & Administrative Retirees.  The Segal
Company (Eastern States), Inc. serves as the Committee's actuarial
consultant.


CCM MERGER: S&P Affirms 'B' CCR & Rates $510MM Credit 'B+'
----------------------------------------------------------
Standard & Poor's Ratings Services affirmed all ratings, including
its 'B' corporate credit rating, on U.S. gaming operator CCM
Merger Inc.  The outlook is stable.

At the same time, S&P assigned the company's proposed $510 million
credit agreement (consisting of a $20 million revolver due 2019
and a $490 million term loan due 2021) a 'B+' issue-level rating,
with a recovery rating of '2', reflecting S&P's expectation for
substantial (70% to 90%) recovery for lenders in the event of a
payment default.

CCM plans to use proceeds from the new term loan, along with cash
on hand, to repay the current balance outstanding (about $503
million) under its existing term loan, and to pay fees and
expenses.

The proposed financing transaction does not affect S&P's
assessment of CCM's financial risk profile as "highly leveraged"
because the transaction only modestly reduces debt.  Based on
S&P's performance expectations, it expects debt to EBITDA to
remain high, at about 7x or above through 2015.

S&P's 'B' corporate credit rating reflects its assessment of CCM's
business risk profile as "weak," and its financial risk profile as
"highly leveraged."

S&P's assessment of CCM's business risk profile reflects the
company's minimal geographic diversity as the operator of a single
casino in Detroit.  Reliance on a single property results in
increased vulnerability to adverse changes in the competitive
environment and regional economic conditions.  S&P's assessment
also reflects CCM's operations in the highly competitive Detroit
market, with three other casinos in close proximity.  CCM's track
record of fairly stable operating performance, its good EBITDA
margin (in the low-20% area), its track record of retaining a
market share greater than its fair share, and S&P's expectation
for minimal changes to the competitive environment over the next
several quarters partially mitigate the risks.

S&P's assessment of CCM's financial risk profile reflects its
expectation for adjusted leverage to remain high, in the mid-7x
area in 2014, improving to about 7x in 2015, and for adjusted
funds from operations (FFO) to debt to remain in the high-single-
digit percent area, through 2015.  S&P's expectation for adjusted
EBITDA coverage of interest expense to remain in the low-2x area
through 2015 partially offsets CCM's high debt leverage.


CLOUDEEVA INC: Files for Chapter 11 Protection in Trenton
---------------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that Cloudeeva Inc., a global provider of cloud computing
services, filed a petition for Chapter 11 protection in Trenton,
New Jersey, citing borrowing restrictions and a drain on financial
resources due to ongoing litigation.

According to the report, the litigation follows a 2012 merger in
which Cloudeeva was the surviving entity.  The company alleged
that the prior management team, which stayed on post-merger,
engaged in accounting fraud and financial mismanagement, the
report said, citing court papers.  The litigation has been an
"enormous drain" on Cloudeeva's financial resources, the report
further related, citing the company.

The case is In re Cloudeeva Inc., 14-bk-24874, U.S. Bankruptcy
Court, District of New Jersey (Trenton).


CLOUDEEVA INC: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

     Debtor                                         Case No.
     ------                                         --------
     Cloudeeva, Inc. (a Delaware corporation)       14-24874
        fdba Systems America, Inc.
     104 Windsor Center Drive, Suite 300
     East Windsor, NJ 08520

     Cloudeeva, Inc. (a Florida corporation)        14-24875
        fdba Systems America, Inc.
     2633 Camino Ramon, Suite 455
     San Ramon, CA 94583

Type of Business: A global cloud services and technology solutions
                  company specializing in Cloud, Big Data and
                  Mobility solutions services.

Chapter 11 Petition Date: July 21, 2014

Court: United States Bankruptcy Court
       District of New Jersey (Trenton)

Judge: Hon. Kathryn C. Ferguson

Debtors' Counsel: Jeffrey D. Prol, Esq.
                  LOWENSTEIN SANDLER LLP
                  65 Livingston Avenue
                  Roseland, NJ 07068
                  Tel: 973-597-2500
                  Fax: 973-597-2400
                  Email: jprol@lowenstein.com

                    - and -

                  Kenneth A. Rosen, Esq.
                  LOWENSTEIN SANDLER LLP
                  65 Livingston Avenue
                  Roseland, NJ 07068
                  Tel: 973-597-2500
                  Fax: 973-597-2400
                  Email: krosen@lowenstein.com

Debtors'          KURTZMAN CARSON CONSULTANTS
Claims and
Noticiting
Agent:

                                     Estimated    Estimated
                                       Assets     Liabilities
                                    -----------   -----------
Cloudeeva, Inc. (a Delaware Corp)   $10MM-$50MM   $1MM-$10MM
Cloudeeva, Inc. (a Florida Corp)    $10MM-$50MM   $1MM-$10MM

The petitions were signed by Adesh Tyagi, chief executive officer.

A. List of Cloudeeva, Inc. (a Delaware Corporation)'s 20 Largest
   Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
S&T AG                               Break Up Fee     $1,621,792
Richard Neuwrith
Industriezeile 25, A-4021
Linz - Vorstand

Loeb & Loeb LLP                      Legal Services     $666,862
345 Park Avenue #18
New York, NY 10154

American Express                     Trade Debt         $284,014
PO Box 1270
Newark, NJ 07101-1270

United Healthcare Insurance Co       Health Care        $204,014
                                     Services

Aramino McKenna                      Audit & Tax        $200,000
12667 Alcosta Boulevard              Services
Suite 500
San Ramon, CA 94583

Ernst & Young                        Trade Debt         $148,000
303 Almaden Boulevard, 1000
San Jose, CA 95110-2723

Taylor Wessing                       Legal Services     $112,286
Schwarzenbergplatz 7
1030 Vienna
Austria

CMS Reich-Rohrwig Hainz              Trade Debt          $99,731
Rechtsanwaite GmbH
Guaermanngasse 2
1010 Vienna
Austria

Norris, McLaughlin & Marcus          Legal Services      $73,823
721 Route 202-206
PO Box 5933
Bridgewater, NJ 08807-5933

Centraprise Corp.                    Trade Debt          $58,734
55 Carter Drive, Suite 216
Edison, NJ 08817

DataLink Software                    Trade Debt          $50,400
Consultants
4745 North 77th Street
Suite 200
Phoenix, AZ 85014

McManis Faulkner                     Litigation          $48,480
Fairmont Plaza                       Services
10th Floor
50 West San Fernando Street
San Jose, CA 95113

Abacus Software Tech                 Trade Debt          $45,560
1900 Century Boulevard, Suite 8
Atlanta, GA 30345

Atria Solutions                      Trade Debt          $38,340
2665 Villa Creek Drive
Suite 208
Dallas, TX 75234

Sathram Corporation                  Trade Debt          $37,152
5 Independence Way
Suite 300
Princeton, NJ 08540

ZSL, Inc.                            Trade Debt          $35,840
85 Lincoln Highway
Edison, NJ 08820

Human Resources &                    Trade Debt          $34,740
Knowledge Inc.
200 Middlesex Essex
Turnpike
Suite 306B
Iselin, NJ 08830

Serenity Infotech Inc.               Trade Debt          $34,104
950 Scales Road
Suite 104
Suwanee, GA 30024

Idea Solutions Inc.                  Trade Debt          $32,648
2099 Gateway Place
Suite 340
San Jose, CA 95110

Data Aixsys, Inc.                    Trade Debt          $32,209
258 Oak Tree Road
Tappan, NY 10983

B. List of Cloudeeva, Inc. (a Florida Corporation)'s six Largest
   Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
S&T AG                              Break Up Fee       $1,621,792
Industriezeile 25, A-4021
Linz - Vorstand

Loeb & Loeb LLP                     Legal Services       $666,862
345 Park Avenue #18
New York, NY 10154

Armino McKenna                      Audit & Tax          $200,000
12667 Alcosta Boulevard, Suite 500  Services
San Ramon, CA 94583

Ernst & Young                       Professional         $148,000
Wagramer Stabe 19                   Services
1220 Wien
Austria

Taylor Wessing                      Legal Services       $122,286
Schwarzenbergplatz 7
1030 Vienna
Austria

CMS Reich-Rohrwig Hainz             Trade Debt            $99,731
Rechtsanwaite GmbH
Guaermanngasse 2
1010 Vienna
Austria


COMPRESSCO PARTNERS: S&P Assigns 'B' CCR; Outlook Stable
--------------------------------------------------------
Standard & Poor's Ratings Services assigned its 'B' corporate
credit rating to Oklahoma City-based Compressco Partners L.P.  The
outlook is stable.

S&P also assigned its 'B' issue rating to Compressco's proposed
$350 million senior unsecured notes due 2022.  S&P assigned the
notes a '4' recovery rating, indicating its expectation of average
(30% to 50%) recovery in the event of a payment default.  S&P
expects the company will use the proceeds, along with a proposed
$400 million equity offering and approximately $150 million in
drawings under a new credit facility, to fund the acquisition of
Compression Services Inc. (CSI).

"The stable outlook on Compressco Partners L.P. reflects our
expectation that demand for compression services and equipment
will remain stable over the next 12 months," said Standard &
Poor's credit analyst Michael Tsai.  "We expect the company will
steadily integrate CSI over the next 15-20 months and realize
modest synergies to control costs and operating expenses."

S&P could lower the ratings if it anticipates credit measures will
weaken materially.  This could occur if FFO to debt fell below 10%
or if the leverage ratio exceeded 5x for a prolonged period, which
could be caused by hydrocarbon prices falling, resulting in
decreased production and lower demand for compression services.

S&P could raise the ratings if the company continues to improve
its competitive position, further expanding its scale, scope, and
geographic diversification.


CP HALL: No Approval Yet on Chapter 7 Trustee Settlement
--------------------------------------------------------
Bankruptcy Judge A. Benjamin Goldgar said the settlement agreement
that Joseph A. Baldi, the chapter 7 trustee for The C.P. Hall
Company, reached with two creditors cannot be approved without
giving another creditor an opportunity to pursue his objection.

Judge Goldgar said the objecting creditor has statutory rights to
object to the claims and obtain a ruling on his objection.  The
settlement cannot be approved if approval would deprive the
creditor of those rights.  The judge said the evidentiary hearing
on the settlement agreement is stricken.  The Trustee's motion
will be continued to another date for a status hearing.

The C.P. Hall Company is a defunct distributor of raw asbestos
products.  In 2011, C.P. Hall filed a chapter 11 bankruptcy case
that was later converted to a case under chapter 7, and Baldi was
appointed interim trustee.  Like other asbestos companies, C.P.
Hall has been the subject of many personal injury actions from
people claiming harm from its products.  Most if not all of these
people hold judgments against C.P. Hall and are creditors in the
bankruptcy case.  Like other asbestos companies, C.P. Hall also
had insurance policies that may provide coverage for the claims.
Except for a bank account with a trivial balance, the policies and
their proceeds are C.P. Hall's only assets.

Since before the bankruptcy case was filed, various personal
injury creditors have been fighting over the relative priority of
their rights to C.P. Hall's assets.  On one side is James Shipley,
as representative of his late wife's estate.  Shipley filed a
proof of claim in the bankruptcy case for $3,362,465.  On the
other side are two groups of creditors.  One group, represented by
the Chicago law firm Cooney & Conway, filed a proof of claim
asserting claims totaling $121,610,107.  The other group,
represented by the O'Brien Law Firm in St. Louis, filed a proof of
claim asserting claims totaling $30,900,000.

Although personal injury creditors typically hold unsecured
claims, both Shipley and the Cooney & Conway and O'Brien creditors
insist their claims are secured at least in part, and objections
have been asserted to the secured status of all of the claims.
Shipley has filed adversary complaints against the Cooney & Conway
and O'Brien creditors seeking a determination that he has a lien
on certain insurance proceeds, that any lien the Cooney & Conway
and O'Brien creditors have is invalid, and that to the extent both
he and these creditors have liens, his is superior to theirs.  In
the complaints, Shipley also objects to the claims.  Baldi has
objected to Shipley's claim, contending the claim is not secured.
Shipley's adversary proceedings and Baldi's claim objection are
pending.

In February 2014, Baldi reached a settlement with the Cooney &
Conway and O'Brien creditors.  Under the settlement, the creditors
would relinquish their position that their claims were secured.
The claims would be paid instead as "general unsecured claims"
without any sort of administrative or priority status.  In return,
the claims would be "allowed in full."

In March 2014, Baldi sought approval of the settlement.  Shipley
opposed the motion, arguing not only that the settlement was not
in the best interests of the estate but also that the court had no
authority to allow the Cooney & Conway and O'Brien claims without
first ruling on his objection to them.

Baldi responded that Shipley's claim objection posed no barrier to
approval of the settlement because he had no standing to pursue
it.  Even if he had standing, Baldi added, the court had the power
to approve the settlement regardless of its effect on Shipley's
objection.

At a recent status hearing, the court disagreed with Shipley and
set Baldi's motion for an evidentiary hearing.  On
reconsideration, however, the court agrees with Shipley, holding
that the creditor has statutory rights to object to the claims and
obtain a ruling on his objection. The settlement cannot be
approved if approval would deprive the creditor of those rights.
The hearing will therefore be stricken, and Baldi's motion will be
continued until the objection is resolved.

A copy of the Court's July 15, 2014 Memorandum Opinion is
available at http://is.gd/8eaJ4Ufrom Leagle.com.

C.P. Hall Co. filed a Chapter 11 petition (Bankr. N.D. Ill. Case
No. 11-26443) on June 24, 2011, listing under $1 million in both
assets and debts.  A copy of the petition is available at
http://bankrupt.com/misc/ilnb11-26443.pdf


CRUMBS BAKE SHOP: Section 341(a) Meeting Set on August 13
---------------------------------------------------------
A meeting of creditors in the bankruptcy case of Crumbs Bake Shop,
Inc., will be held on Aug. 13, 2014, at 9:00 a.m. at Suite 1401,
One Newark Center.  Creditors have until Nov. 12, 2014, 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.

Crumbs Bake Shop, Inc., and 22 of its affiliates filed separate
Chapter 11 bankruptcy petitions (Bankr. D. N.J. Lead Case No. 14-
24287) on July 11, 2014.  John D. Ireland signed the petitions as
chief financial officer.  Crumbs Bake Shop estimated assets of $10
million to $50 million and the same range of liabilities.

Cole, Schotz, Meisel, Forman & Leonard, P.A., acts as the Debtors'
counsel.  Prime Clerk LLC is the Debtors' claims and noticing
agent.  Judge Michael B. Kaplan oversees the jointly administered
cases.


CYTODYN INC: Warren Averett LLC Raises Going Concern Doubt
----------------------------------------------------------
CytoDyn Inc. filed with the U.S. Securities and Exchange
Commission on July 10, 2014, its annual report on Form 10-K for
the fiscal year ended May 31, 2014.

Warren Averett, LLC, expressed substantial doubt about the
Company's ability to continue as a going concern, citing that the
Company has an accumulated deficit of $46.43 million through May
31, 2014.

The Company reported a net loss of $12.43 million for the fiscal
year ended May 31, 2014, compared with a net loss of $9.57 million
last year.

The Company's balance sheet at May 31, 2014, showed $8.43 million
in total assets, $4.5 million in total liabilities, and
stockholders' equity of $3.92 million.

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

                       http://is.gd/t4WRLC

CytoDyn Inc., a biotechnology company, focuses on the development
and marketing of therapeutic monoclonal antibodies to treat human
immunodeficiency virus (HIV) infections in the United States. Its
lead product candidate includes PRO 140, an antibody that blocks
HIV from entering a cell by binding to a molecule called CCR5,
which is a normal cell surface receptor protein. The company also
holds certain rights in two proprietary platform technologies
comprising Cytolin, a monoclonal antibody for the treatment of HIV
infection that targets a normal cell molecule called CD11a, which
is a part of the heterodimer; and CytoFeline, a monoclonal
antibody targeting feline immunodeficiency virus. CytoDyn Inc. is
based in Vancouver, Washington.


DEWEY & LEBOEUF: Ex-Executives Settle With Bankruptcy Trustee
-------------------------------------------------------------
Sara Randazzo, writing for The Wall Street Journal, reported that
two former Dewey & LeBoeuf LLP executives have settled a civil
suit brought by the defunct firm's bankruptcy trustee to recover
nearly $22 million, according to a court filing.

According to the report, no details of the settlement -- reached
with Dewey's ex-chief financial officer, Joel Sanders, and former
executive director, Stephen DiCarmine -- were immediately
available.  A one-paragraph order from U.S. Bankruptcy Judge
Martin Glenn simply says, "The court has been informed that the
parties have settled this matter," the report related.

The clawback lawsuit sought more than $21.8 million that Dewey's
trustee says the pair improperly received as the firm "fell deeper
and deeper into insolvency" ahead of Dewey's 2012 collapse, the
Journal related.

                      About Dewey & LeBoeuf

Dewey & LeBoeuf LLP sought Chapter 11 bankruptcy (Bankr. S.D.N.Y.
Case No. 12-12321) to complete the wind-down of its operations.
The firm had struggled with high debt and partner defections.
Dewey disclosed debt of $245 million and assets of $193 million in
its chapter 11 filing late evening on May 29, 2012.

Dewey & LeBoeuf LLP operated as a prestigious, New York City-
based, law firm that traced its roots to the 2007 merger of Dewey
Ballantine LLP -- originally founded in 1909 as Root, Clark & Bird
-- and LeBoeuf, Lamb, Green & MacCrae LLP -- originally founded in
1929.  In recent years, more than 1,400 lawyers worked at the firm
in numerous domestic and foreign offices.

At its peak, Dewey employed about 2,000 people with 1,300 lawyers
in 25 offices across the globe.  When it filed for bankruptcy,
only 150 employees were left to complete the wind-down of the
business.

Dewey's offices in Hong Kong and Beijing are being wound down.
The partners of the separate partnership in England are in process
of winding down the business in London and Paris, and
administration proceedings in England were commenced May 28.  All
lawyers in the Madrid and Brussels offices have departed.  Nearly
all of the lawyers and staff of the Frankfurt office have
departed, and the remaining personnel are preparing for the
closure.  The firm's office in Sao Paulo, Brazil, is being
prepared for closure and the liquidation of the firm's local
affiliate.  The partners of the firm in the Johannesburg office,
South Africa, are planning to wind down the practice.

The firm's ownership interest in its practice in Warsaw, Poland,
was sold to the firm of Greenberg Traurig PA on May 11 for
$6 million.  The Pension Benefit Guaranty Corp. took $2 million of
the proceeds as part of a settlement.

Judge Martin Glenn oversees the case.  Albert Togut, Esq., at
Togut, Segal & Segal LLP, represents the Debtor.  Epiq Bankruptcy
Solutions LLC serves as claims and notice agent.  The petition was
signed by Jonathan A. Mitchell, chief restructuring officer.

JPMorgan Chase Bank, N.A., as Revolver Agent on behalf of the
lenders under the Revolver Agreement, hired Kramer Levin Naftalis
& Frankel LLP.  JPMorgan, as Collateral Agent for the Revolver
Lenders and the Noteholders, hired FTI Consulting and Gulf
Atlantic Capital, as financial advisors.  The Noteholders hired
Bingham McCutchen LLP as counsel.

The U.S. Trustee formed two committees -- one to represent
unsecured creditors and the second to represent former Dewey
partners.  The creditors committee hired Brown Rudnick LLP led by
Edward S. Weisfelner, Esq., as counsel.  The Former Partners hired
Tracy L. Klestadt, Esq., and Sean C. Southard, Esq., at Klestadt &
Winters, LLP, as counsel.

FTI Consulting, Inc. was appointed secured lender trustee for the
Secured Lender Trust.  Alan Jacobs of AMJ Advisors LLC, was named
Dewey's liquidation trustee.  Scott E. Ratner, Esq., Frank A.
Oswald, Esq., David A. Paul, Esq., Steven S. Flores, Esq., at
Togut, Segal & Segal LLP, serve as counsel to the Liquidation
Trustee.

Dewey's liquidating Chapter 11 plan was approved by the bankruptcy
court in February 2013 and implemented in March.  The plan created
a trust to collect and distribute remaining assets.  The firm
estimated that midpoint recoveries for secured and unsecured
creditors under the plan would be 58.4 percent and 9.1 percent,
respectively.


DIOCESE OF WILMINGTON: Objection to Ex-Priest's Claim Sustained
---------------------------------------------------------------
The Plan Administrator in the Chapter 11 case of the Catholic
Diocese of Wilmington, Inc., filed a First Omnibus (Substantive)
Objection to, inter alia, the Proof of Claim filed by Kenneth
Martin.  The objection was made pursuant to Section 502(b) of the
Bankruptcy Code, Federal Rules of Bankruptcy Procedure 3003 and
3007, and Local Rule 3007-1.

In a July 16, 2014 Opinion available at http://is.gd/u1Ooxefrom
Leagle.com, Judge Christopher S. Sontchi ruled that the Claims
Objection is nonjusticiable on the merits.  However, since, under
the Bankruptcy Rules, Mr. Martin's claim is deemed allowed unless
and until the Claim Objection is granted, the Court said it will
sustain the Claims Objection solely for the procedural purpose of
removing any issues relating to Martin's claim from the purview of
the Bankruptcy Court.

Mr. Martin's claim stems from his removal from ministerial duties
after the late Bishop Michael A. Saltarelli released the names of
numerous Diocesan priests who had admitted, corroborated, or
otherwise substantiated allegations of abuse against minors.  The
claim asserts that he is entitled to pension and sustenance, based
on a Canonical action between Mr. Martin and the Diocese before
the Vatican.  The Canonical action is to determine "the status of
[Martin] as an active priest in the Diocese," which will also
resolve Mr. Martin's "remuneration, recognition of rights, and
. . . overall standing" within the Diocese.  When the claim was
filed, Mr. Martin's claim remained pending before the Vatican, but
has since concluded.

The Plan Administrator filed the Claims Objection against all
proofs of claim filed by the Removed Priests, including Mr.
Martin's claim.  Asserting that the Debtor was not liable with
respect to any of the claims, the Plan Administrator requested
that the claims be disallowed in their entirety.

Mr. Martin filed a response to the Claims Objection, which was
further replied to by the Plan Administrator.  An oral hearing and
status conference regarding the Claims Objection occurred on March
11, 2013.  At the conclusion of the hearing, the Court took the
Claims Objection under advisement, but asked for Mr. Martin to
file an amended claim, and for the parties to file sur-replies, if
any.  All further filings related to the Claims Objection were
consequently made under seal.

The order confirming the Diocese's Plan contained the following
provisions, among others: (i) the Removed Priests, including Mr.
Martin, shall be ineligible for benefits of any kind arising on or
after the Petition Date; and (ii) that the Debtor shall object to
any and all claims asserted by the Removed Priests against the
Debtor, regardless of whether such claims are asserted as pre-
petition, post-petition or post-confirmation Claims.

Robert S. Brady, Esq., Anthony G. Flynn, Esq., Mary F. Dugan,
Esq., and Patrick A. Jackson, Esq., at Young Conaway Stargatt &
Taylor, LLP, represent the Reorganized Debtor.

Counsel for Kenneth Martin is:

     Ronald J. Drescher, Esq.
     DRESCHER & ASSOCIATES, P.A.
     Suite 107, 4 Reservoir Circle
     Baltimore, MD 21208

                  About the Diocese of Wilmington

The Diocese of Wilmington covers Delaware and the Eastern Shore
of Maryland and serves about 230,000 Catholics.  In 2009, the
Delaware diocese became the seventh Roman Catholic diocese to file
for Chapter 11 protection to deal with lawsuits for sexual abuse.
Previous filings were by the dioceses in Spokane, Washington;
Portland, Oregon; Tucson, Arizona; Davenport, Iowa, Fairbanks,
Alaska; and San Diego, California.

The Diocese filed for Chapter 11 protection (Bankr. D. Del. Case
No. 09-13560) on Oct. 18, 2009.  Attorneys at Young Conaway
Stargatt & Taylor, LLP, serve as counsel to the Diocese.  The
Ramaekers Group, LLC, is the financial advisor.  The petition says
assets range $50 million to $100 million while debts are between
$100 million to $500 million.

The bankruptcy filing automatically stayed eight consecutive abuse
trials scheduled in Delaware scheduled to begin Oct. 19, 2009.
There were 131 cases filed against the Diocese, with 30 scheduled
for trial, as of the bankruptcy filing.

Within the bankruptcy case, the Debtor entered into a settlement
with the abuse survivors.  This settlement included both monetary
and non-monetary provisions; some of the non-monetary provisions
were included in various Court orders, including the Order
confirming the Debtor's "Settlement Plan."  The Plan became
effective on September 26, 2011.


DOMUM LOCIS: Section 341(a) Meeting Scheduled for August 22
-----------------------------------------------------------
Note, as indicated in my previous draft submission, there is
inconsistency in the spelling of the Company name. Domun Locis in
the docket and Domum Locis in all court documents submitted with
the Court.  Again, I continue using Domum Locis.

A meeting of creditors in the bankruptcy case of Domum Locis LLC
will be held on Aug. 22, 2014, at 1:15 p.m. at RM 7, 915 Wilshire
Blvd., 10th Floor, in Los Angeles, California.

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.

Domum Locis LLC filed a Chapter 11 bankruptcy petition (Bankr.
C.D. Calif. Case No. 14-23301) on July 11, 2014.  Michael J.
Kilroy signed the petition as managing member.  The Debtor
estimated assets and liabilities of at least $10 million.  Cypress
LLP serves as the Debtor's counsel.  Judge Robert N. Kwan presides
over the case.


ERNESTO A. MELENDEZ PEREZ: Survives Case Dismissal Bid
------------------------------------------------------
Margarita Diaz Rivera seeks dismissal of the chapter 11 case of
Ernesto A. Melendez Perez (Bankr. D.P.R. Case No. 12-03808), for
"failure of the debtor to pay any domestic support obligation that
first becomes payable after the date of the filing of the
petition."  The Debtor opposed.

On March 11, 2013, the court entered an Opinion and Order denying
the motion to dismiss as to the obligations to pay the $2,000 per
month and the mortgage payments.  The court determined that the
same did not constitute domestic support obligations pursuant to
11 U.S.C. Sec. 101(14A), but rather formed part of the liquidation
and division of conjugal assets property settlement.  The court
scheduled an evidentiary hearing regarding the life insurance
policy obligation to determine the intent of the parties at the
time of the divorce proceedings and thus, determine whether the
same constitutes a domestic support obligation or forms part of
the property settlement.  The hearing was held on January 24,
2014.  After considering the evidence, the court denies the Motion
to Dismiss as it finds that the life insurance policy obligation
is not a domestic support obligation.

A copy of Bankruptcy Judge Enrique S. Lamoutte's July 16, 2014
Opinion and Order is available at http://is.gd/99bH2yfrom
Leagle.com.


EVOLUCIA INC: Has $1.7-Mil. Net Loss in Q1 Ended March 31
---------------------------------------------------------
Evolucia, Inc., had a net loss of $1.7 million on $962,903 of
sales for the three months ended March 31, 2014, as compared with
a net loss of $2.13 million on $456,821 of sales for the same
period in 2013.

The Company's balance sheet at March 31, 2014, showed $1.42
million in total assets, $11.45 million in total liabilities, and
a stockholders' deficit of $10.06 million.

The Company has working capital deficit of $4.33 million at March
31, 2014.  Management intends to continue to finance operations
through debt and equity as well as to seek potential acquisitions
that have positive cash flows; however, there can be no assurance
of successful financing or acquisition activity in the future.
The Company may incur operating losses for the foreseeable future
and there can be no guarantee that it will be successful securing
funding, according to the regulatory filing.

A copy of the Form 10-Q filed with the U.S. Securities and
Exchange Commission is available at http://is.gd/vUosxM

Evolucia, Inc., engages in the business of designing,
manufacturing, marketing and distributing light emitting diode
lighting fixtures. It also produces and sells several products
that provide LED lighting solutions for roadways and walkways,
parking lots and garages and other area lighting solutions. The
company was founded in 2007 and is headquartered in Sarasota,
Florida.


EXIDE TECHNOLOGIES: Shareholders Still Press for Official Panel
---------------------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that three shareholders of battery maker Exide
Technologies are pressing for appointment of an official
stockholders' committee.  Mr. Rochelle recalled that early in the
case, an ad hoc equity committee was formed and sought formation
of an official committee where Exide would pay the group's legal
and investment banking expenses.  The U.S. Trustee, who is charged
with appointing official committees, decided that none was
required, Mr. Rochelle further recalled.

The $674 million of 8.625 percent first-lien notes due 2018 last
traded on July 11 for 52 cents on the dollar, Bloomberg said,
citing Trace, the bond-price reporting system of the Financial
Industry Regulatory Authority.  The last trade before bankruptcy
was 56.672 cents, while the notes traded as high as 82.875 cents
on March 7, the report related.

                      About Exide Technologies

Headquartered in Princeton, New Jersey, Exide Technologies
(NASDAQ: XIDE) -- http://www.exide.com/-- manufactures and
distributes lead acid batteries and other related electrical
energy storage products.

Exide first sought Chapter 11 protection (Bankr. Del. Case No.
02-11125) on April 14, 2002 and exited bankruptcy two years after.
Matthew N. Kleiman, Esq., and Kirk A. Kennedy, Esq., at Kirkland &
Ellis, and James E. O'Neill, Esq., at Pachulski Stang Ziehl &
Jones LLP represented the Debtors in their successful
restructuring.

Exide returned to Chapter 11 bankruptcy (Bankr. D. Del. Case No.
13-11482) on June 10, 2013.  Exide disclosed $1.89 billion in
assets and $1.14 billion in liabilities as of March 31, 2013.

Exide's international operations were not included in the filing
and will continue their business operations without supervision
from the U.S. courts.

For the new case, Exide has tapped Anthony W. Clark, Esq., at
Skadden, Arps, Slate, Meagher & Flom LLP, and Pachulski Stang
Ziehl & Jones LLP as counsel; Alvarez & Marsal as financial
advisor; Sitrick and Company Inc. as public relations consultant
and GCG as claims agent.  Schnader Harrison Segal & Lewis LLP was
tapped as special counsel.

The Official Committee of Unsecured Creditors is represented by
Lowenstein Sandler LLP and Morris, Nichols, Arsht & Tunnell LLP as
co-counsel.  Zolfo Cooper, LLC serves as its bankruptcy
consultants and financial advisors.  Geosyntec Consultants was
tapped as environmental consultants to the Committee.

Robert J. Keach of the law firm Bernstein Shur as fee examiner has
been appointed as fee examiner.  He has hired his own firm as
counsel.


FIAT CHRYSLER: Expands Switch Recall to Include Jeep Commander
--------------------------------------------------------------
Joseph B. White, writing for The Wall Street Journal, reported
that Fiat Chrysler Automobiles NV said it would recall as many as
792,300 older Jeep sport-utility vehicles after receiving
complaints that drivers could accidently shut off the vehicle by
jarring the keys.  According to the Journal, Fiat Chrysler said
its engineers are still working on a fix for the problem, and
asked Jeep owners to wait until they receive a notice that their
vehicle is among those that could have a problem. In the meantime,
it urged owners to remove all items from key rings, leaving only
the ignition keys, the report related.

                       About Chrysler Group

Chrysler Group LLC, formed in 2009 from a global strategic
alliance with Fiat Group, produces Chrysler, Jeep(R), Dodge, Ram
Truck, Mopar(R) and Global Electric Motorcars (GEM) brand vehicles
and products.  Headquartered in Auburn Hills, Michigan, Chrysler
Group LLC's product lineup features some of the world's most
recognizable vehicles, including the Chrysler 300, Jeep Wrangler
and Ram Truck.  Fiat will contribute world-class technology,
platforms and powertrains for small- and medium-sized cars,
allowing Chrysler Group to offer an expanded product line
including environmentally friendly vehicles.

Chrysler LLC and 24 affiliates on April 30, 2009, sought Chapter
11 protection from creditors (Bankr. S.D.N.Y (Mega-case), Lead
Case No. 09-50002).  The U.S. and Canadian governments provided
Chrysler LLC with $4.5 billion to finance its bankruptcy case.

In connection with the bankruptcy filing, Chrysler reached an
agreement to sell all assets to an alliance between Chrysler and
Italian automobile manufacturer Fiat.  Under the terms approved by
the Bankruptcy Court, the company formerly known as Chrysler LLC
in June 2009, formally sold substantially all of its assets to the
new company, named Chrysler Group LLC.

In January 2014, the American car manufacturer officially became
100% Italian when Fiat Spa completed its deal to purchase the 40%
it did not already own of Chrysler.  Fiat has shared ownership of
Chrysler with the health care fund of the United Automobile
Workers unions since Chrysler emerged from bankruptcy in 209.

                           *     *     *

Standard & Poor's Ratings Services raised its ratings on U.S.-
based auto manufacturer Chrysler Group LLC, including the
corporate credit rating to 'BB-' from 'B+' in mid-January 2014.
The outlook is stable.


FREEDOM INDUSTRIES: Proofs of Claims Due Aug. 1, 2014
-----------------------------------------------------
The bankruptcy court has consulted with professionals for debtor
Freedom Industries Inc. and has determined that with appropriate
caution and skillful work to dismantle and remediate the Debtor's
Etowah facility site, it should be possible for the Debtor in
liquidation, while facing substantial environmental clean-up
tasks, to propose some distribution to unsecured creditors
including some action to benefit persons and entities who have had
losses resulting from the Elk River Spill.

Accordingly, Judge Ronald G. Pearson established Aug. 1, 2014, as
the bar date of for all creditors, including governmental units
and Elk River Spill claimants, to file a proof of claim in the
Freedom Industries case.

Since Freedom Industries is liquidating, it is clear that there
will only be pro rata distributions or other provisions that might
be contained in a Chapter 11 Plan to address the damages suffered
by Elk River Spill Claimants.  Because it appears there are
numerous individuals with lost wage claims, out-of-pocket expenses
for medical treatment, business claimants who have sustained
losses, and other claims against Freedom that have not yet been
asserted, it is important that the claim filing process commence
so that there can be a determination of the losses Elk River Spill
Claimants have sustained and their rights to participate in the
case are protected.

                      About Freedom Industries

Freedom Industries Inc., is engaged principally in the business of
producing specialty chemicals for the mining, steel and cement
industries.  The Debtor operates two production facilities located
in (a) Nitro, West Virginia; and (b) Charleston, West Virginia.

The company, connected to a chemical spill that tainted the water
supply in West Virginia, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. W.Va. Case No. 14-bk-20017) on Jan.
17, 2014.  The case is assigned to Judge Ronald G. Pearson.  The
petition was signed by Gary Southern, president.

The Debtor is represented by Mark E Freedlander, Esq., at McGuire
Woods LLP, in Pittsburgh, Pennsylvania; and Stephen L. Thompson,
Esq., at Barth & Thompson, in Charleston, West Virginia.

On Dec. 31, 2013, four companies merged under the umbrella of
Freedom Industries: Freedom Industries Inc., Etowah River Terminal
LLC, Poca Blending LLC and Crete Technologies LLC.

As reported in the Troubled Company Reporter on Feb. 20, 2014,
Kate White, writing for The Charleston Gazette, reported that the
Debtor disclosed $16 million in assets and $6 million in
liabilities when it filed for bankruptcy.

On Feb. 5, 2014, the U.S. Trustee appointed an official committee
of unsecured creditors.  The Committee retained Frost Brown Todd
LLC as counsel.

On March 18, the Bankruptcy Court approved the hiring of Mark
Welch at MorrisAnderson in Chicago as Freedom's chief
restructuring officer.


FUSION TELECOMMUNICATIONS: Amends 8.4MM Shares Resale Prospectus
----------------------------------------------------------------
Fusion Telecommunications International, Inc., amended its
registration statement covering the resale of an aggregate of
8,414,904 shares of common stock of the Company which may be
offered from time to time by certain selling security holders.

The shares being resold consist of:

   * 1,213,040 shares of issued and outstanding common stock;

   * 4,049,100 shares of common stock issuable upon conversion of
     outstanding Series B-2 Preferred Stock; and

   * 3,152,764 shares of common stock issuable upon exercise of
     outstanding common stock purchase warrants.

The Company will not receive any proceeds from the sale of these
shares by the selling security holders, but the Company may
receive proceeds from the exercise of the warrants, if exercised.
These shares are being registered to permit the selling security
holders to sell shares of common stock from time to time, in
amounts, at prices and on terms determined at the time of sale.

The Company's common stock is currently quoted on The Nasdaq
Capital Market and trades under the symbol "FSNN."  On July 15,
2014, the closing price for the Company's common stock was $4.65
per share.

A full-text copy of the Form S-1/A is available for free at:

                        http://is.gd/MpY5tR

                  About Fusion Telecommunications

New York City-based Fusion Telecommunications International, Inc.
(OTC BB: FSNN) is a provider of Internet Protocol ("IP") based
digital voice and data communications services to corporations and
carriers worldwide.

Fusion Telecommunications incurred a net loss applicable to common
stockholders of $5.48 million in 2013, a net loss applicable to
common stockholders of $5.61 million in 2012 and a net loss of
$4.45 million in 2011.  The Company's balance sheet at March 31,
2014, showed $69.69 million in total assets, $58.51 million in
total liabilities and $11.18 million in total stockholders'
equity.


GENERAL MOTORS: Long List of Cars Suffered From Ignition Woes
-------------------------------------------------------------
Joseph B. White and Jeff Bennett, writing for The Wall Street
Journal, reported that General Motors Co. knew more than a decade
ago that loose ignition switches caused stalling on far more than
its Chevrolet Cobalt and related small cars, redesigning switches
in at least three high-volume car families between 2003 and 2006,
according to recently disclosed company documents.

The Journal related that the auto maker didn't recall the vehicles
until last month, when it disclosed there were three deaths and 14
injuries in accidents involving 11 million vehicles under five
different GM brands.  Prompted by controversy about delayed
recalls of the Cobalt, engineers tested a broader range of
vehicles in the spring, and decided to order more recalls, the
report further related.

                     About Motors Liquidation

General Motors Corporation and three of its affiliates filed for
Chapter 11 protection (Bankr. S.D.N.Y. Lead Case No. 09-50026) on
June 1, 2009.  The Honorable Robert E. Gerber presides over the
Chapter 11 cases.  Harvey R. Miller, Esq., Stephen Karotkin,
Esq., and Joseph H. Smolinsky, Esq., at Weil, Gotshal & Manges
LLP, assist the Debtors in their restructuring efforts.  Al Koch
at AP Services, LLC, an affiliate of AlixPartners, LLP, serves as
the Chief Executive Officer for Motors Liquidation Company.  GM
is also represented by Jenner & Block LLP and Honigman Miller
Schwartz and Cohn LLP as counsel.  Cravath, Swaine, & Moore LLP
is providing legal advice to the GM Board of Directors.  GM's
financial advisors are Morgan Stanley, Evercore Partners and the
Blackstone Group LLP.  Garden City Group is the claims and notice
agent of the Debtors.

The U.S. Trustee appointed an Official Committee of Unsecured
Creditors and a separate Official Committee of Unsecured
Creditors Holding Asbestos-Related Claims.  Lawyers at Kramer
Levin Naftalis & Frankel LLP served as bankruptcy counsel to the
Creditors Committee.  Attorneys at Butzel Long served as counsel
on supplier contract matters.  FTI Consulting Inc. served as
financial advisors to the Creditors Committee.  Elihu Inselbuch,
Esq., at Caplin & Drysdale, Chartered, represented the Asbestos
Committee.  Legal Analysis Systems, Inc., served as asbestos
valuation analyst.

The Bankruptcy Court entered an order confirming the Debtors'
Second Amended Joint Chapter 11 Plan on March 29, 2011.  The Plan
was declared effect on March 31.

On Dec. 15, 2011, Motors Liquidation Company was dissolved.  On
the Dissolution Date, pursuant to the Plan and the Motors
Liquidation Company GUC Trust Agreement, dated March 30, 2011,
between the parties thereto, the trust administrator and trustee
-- GUC Trust Administrator -- of the Motors Liquidation Company
GUC Trust, assumed responsibility for the affairs of and certain
claims against MLC and its debtor subsidiaries that were not
concluded prior to the Dissolution Date.


GRAVITY-RATTERNMAN: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: Gravity-Ratterman, LLC
        6309 Fern Valley Pass, Ste. 108
        Louisville, KY 40228

Case No.: 14-32757

Chapter 11 Petition Date: July 21, 2014

Court: United States Bankruptcy Court
       Western District of Kentucky (Louisville)

Debtor's Counsel: Neil Charles Bordy, Esq.
                  SEILLER WATERMAN LLC
                  2200 Meidinger Tower
                  462 S 4th Street
                  Louisville, KY 40202
                  Tel: (502) 584-7400
                  Email: bordy@derbycitylaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Douglas E. Ratterman, president/CFO.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/kywb14-32757.pdf


GROWLIFE INC: Net Loss at $71-Mil. in March 31 Quarter
------------------------------------------------------
GrowLife, Inc., had a net loss of $71.47 million on $2.38 million
of net revenue for the three months ended March 31, 2014, compared
to a net loss of $1.18 million on $760,709 of net revenue for the
same period in 2013, according its latest Form 10-Q, as amended.

The Company's balance sheet at March 31, 2014, showed $7.58
million in total assets, $30.27 million in total liabilities and a
stockholders' deficit of $22.7 million.

For the three-month period ended March 31, 2014, the Company's
cash used in operations was $1.13 million.  The Company has
experienced recurring operating losses and negative operating cash
flows since inception, and has financed its working capital
requirements during this period primarily through the recurring
issuance of convertible notes payable and advances from a related
party.  These facts indicate that there is substantial doubt of
the Company's continuation as a going concern, according to the
regulatory filing.

A copy of the Form 10-Q/A filed with the U.S. Securities and
Exchange Commission is available at:

                       http://is.gd/7HeKbZ

GrowLife, Inc., operates businesses that manufacture and supply
branded equipment and expendables in the United States for urban
gardening, including equipment and expendables for growing of
medical marijuana.  This holding company, formerly known as
Phototron Holdings, Inc., maintains its principal executive
offices in Woodland Hills, California.


HIPCRICKET INC: Incurs $5.42-Mil. Net Loss in May 31 Quarter
------------------------------------------------------------
Hipcricket, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q, disclosing a net
loss of $5.42 million on $7.33 million of revenue for the three
months ended May 31, 2014, compared with a net loss of $6.01
million on $5.87 million of revenue for the same period in last
year.

The Company's balance sheet at May 31, 2014, showed $64.64 million
in total assets, $15.73 million in total liabilities and
$48.91 million in total stockholders' equity.

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

                       http://is.gd/JCQSZE

Hipcricket, Inc., is a Kirkland, Washington-based provider of
mobile advertising and marketing technology and support to ad
agencies and media companies.  The Company was formerly known
Augme Technologies, Inc.


HOUSTON REGIONAL: Comcast, Astros, Rockets Told To Tune Sale Terms
------------------------------------------------------------------
Law360 reported that a Texas bankruptcy judge urged the Houston
Astros, Houston Rockets and Comcast Corp. to hammer out the
details of a set of confidentiality agreements needed to move
forward with a possible sale of troubled sports network CSN
Houston to an unnamed purchaser.

According to the report, U.S. Bankruptcy Judge Marvin Isgur told
attorneys for the sports franchises and Comcast that they were in
a better position than he to try and work out the agreements,
which aim to protect Comcast's trade secrets from the buyer and
temporarily prevent Comcast from learning the identity of the
prospective buyer.  Judge Isgur declined to immediately rule on a
motion the Astros and Rockets filed requesting that he enter
confidentiality orders, saying he preferred for the teams and
Comcast to attempt to reach an agreement, the report related.

             About Houston Regional Sports Network

An involuntary Chapter 11 bankruptcy petition was filed against
Houston Regional Sports Network, L.P. d/b/a Comcast SportsNet
Houston (Bankr. S.D. Tex. Case No. 13-35998) on Sept. 27, 2013.

The involuntary filing was launched by three units of Comcast/NBC
Universal and a television-related company.  The petitioners are:
Houston SportsNet Finance LLC, Comcast Sports Management Services
LLC, National Digital Television Center LLC, and Comcast SportsNet
California, LLC.

The petitioning creditors have filed papers asking the Bankruptcy
Judge to appoint an independent Chapter 11 trustee "to conduct a
fair and open auction process for the Network's business assets on
a going concern basis."

Houston Regional Sports Network is a joint enterprise among
affiliates of the Houston Astros baseball team, the Houston
Rockets basketball team, and Houston SportsNet Holdings, LLC --
"Comcast Owner" -- an affiliate of Comcast Corporation.  The
Network has three limited partners -- Comcast Owner, Rockets
Partner, L.P., and Astros HRSN LP Holdings LLC.  The primary
purpose of Houston Regional Sports Network is to create and
operate a regional sports programming service that produces,
exhibits, and distributes sports programming on a full-time basis,
including live Astros and Rockets games within the league-
permitted local territories.

Counsel for the petitioning creditors are Howard M. Shapiro, Esq.,
at Wilmer Cutler Pickering Hale and Dorr LLP; George W. Shuster,
Jr., Esq., at Wilmer Cutler Pickering Hale and Dorr LLP; Vincent
P. Slusher, Esq., at DLA Piper; and Arthur J. Burke, Esq., at
Davis Polk & Wardwell LLP.

Judge Marvin Isgur presides over the case.

The Network was officially placed into Chapter 11 bankruptcy
pursuant to a Feb. 7 Order for Relief.  It has won approval to
hire Haynes and Boone, Charles A. Beckham, Jr., Esq., Henry
Flores, Esq., Abigail Ottmers, Esq., and Christopher L. Castillo,
Esq., as counsel.  It also hired Conway MacKenzie, Inc., as
financial advisor.

Harry Perrin, Esq., represents Astros owner Jim Crane.  Alan
Gover, Esq., represents the Rockets.

The Astros are represented by Richard B. Drubel, Esq., Colleen A.
Harrison, Esq., and Jonathan R. Voegele, Esq., at Boies, Schiller
& Flexner LLP, in Hanover, NH; and Scott E. Gant, Esq., at Boies,
Schiller & Flexner in Washington, DC.  Comcast Corporation and
NBCUniversal Media, LLC, are represented by Vincent P. Slusher,
Esq., Eli Burriss, Esq., Andrew Mayo, Esq., and Andrew Zollinger,
Esq., at DLA Piper; Arthur J. Burke, Esq., Timothy Graulich, Esq.,
and Dana M. Seshens, Esq., at Davis Polk & Wardwell LLP; and
Howard M. Shapiro, Esq., and Craig Goldblatt, Esq., at Wilmer
Cutler Pickering Hale and Dorr LLP.  Attorney for McLane
Champions, LLC and R. Drayton McLane, Jr., are Wayne Fisher, Esq.,
at Fisher Boyd & Huguenard, LLP.


JAMES RIVER: Postpones Auction Until July 28
--------------------------------------------
Mining company James River Coal Company, et al., notified the U.S.
Bankruptcy Court for the Eastern District of Virginia, Richmond
Division, that the auction of its assets is moved to July 28,
2014, at the offices of Davis Polk & Wardwell LLP, in New York.
James River has no buyer under contract but said it got multiple
preliminary indications of interest from bidders.

The $47.3 million in 4.5 percent senior unsecured convertible
notes due 2015 traded on July 7 for 3 cents on the dollar, Bill
Rochelle, the bankruptcy columnist for Bloomberg News, reported,
citing Trace, the bond-price reporting system of the Financial
Industry Regulatory Authority.  The $270 million in 7.875 percent
senior unsecured notes due 2019 traded at 3:55 p.m. on July 10 for
12.589 cents on the dollar, up from a low of 8.625 cents on May
15, the report said, further citing Trace.

                        About James River

James River Coal Company is a producer and marketer of coal in the
Central Appalachia ("CAPP") and the Midwest coal regions of the
United States.  James River's principal business is the mining,
preparation and sale of metallurgical coal, thermal coal (which is
also known as steam coal) and specialty coal.

James River and 33 of its affiliates filed Chapter 11 bankruptcy
petitions (Bankr. E.D. Va. Case Nos. 14-31848 to 14-31886) in
Richmond, Virginia, on April 7, 2014.  The petitions were signed
by Peter T. Socha as president and chief executive officer.
Judge Kevin R. Huennekens oversees the Chapter 11 cases.

On the petition date, James River Coal disclosed total assets of
$1.06 billion and total liabilities of $818.6 million.

Davis Polk & Wardwell LLP serves as the Debtors' counsel.  Hunton
& Williams, LLP, acts as the Debtors' local counsel.  Kilpatrick
Townsend & Stockton LLP serves as the Debtors' special counsel.
Perella Weinberg Partners L.P. is the Debtors' financial advisor.
Deutsche Bank Securities Inc. serves as the Debtors' investment
banker and M&G advisor.  Epiq Bankruptcy Solutions, LLC, acts as
the debtors' notice, claims and administrative agent.

The U.S. Trustee for Region 4 has appointed five creditors to the
Official Committee of Unsecured Creditors.  Michael S. Stamer,
Esq., Alexis Freeman, Esq., and Jack M. Tracy II, Esq., at Akin
Gump Strauss Hauer & Feld LLP; and Jonathan L. Gold, Esq.,
Christopher L. Perkins, Esq., and Christian K. Vogel, Esq., at
LeClairRyan.


KIDS BRANDS: Wants to Hire PwC as Financial Advisor
---------------------------------------------------
Kids Brands, Inc. and its debtor-affiliates seek authorization
from the U.S. Bankruptcy Court for the District of New Jersey to
employ PricewaterhouseCoopers LLP as financial advisor, effective
June 18, 2014 petition date.

The Debtors seek approval to retain PwC as financial advisor to
the Debtors.  PwC's services to be rendered include but are not
limited to:

   (a) review and analyze cash flow forecasts, financial
       projections and business restructuring alternatives,
       including related analyses and schedules;

   (b) identify and implement liquidity management initiatives
       including the wind down of certain business lines;

   (c) advise the Debtors' in connection with their negotiations
       with:

       - lenders regarding any potential amendment and
         modification of the terms and conditions of the existing
         agreement, and any potential refinancing of the existing
         facility;

       - key vendors, including landlords, regarding outstanding
         balances, payment plans and shipments; and

       - other key stakeholders in connection with any
         contemplated transactions or restructuring of existing
         indebtedness.

   (d) advise and assist in the development of a teaser and a
       management presentation describing the Debtors and the
       opportunities that the Debtors may provide to prospective
       acquirers;

   (e) assist with the development of materials to market the
       Debtors' assets, including documents for the data room;

   (f) participate in meetings with Debtors' stakeholders,
       official constituencies and other interested parties, as
       necessary;

   (g) assist in preparation for and coordination of due diligence
       visits by potential buyers or other investors;

   (h) assist the Debtors' in their evaluation of indications of
       interest and the negotiation of appropriate documentation;

   (i) assist the Debtors in their evaluation of indications of
       interest and the negotiation of asset purchase agreements
       /stalking horse bids/ bidding procedures;

   (j) advise in connection with any proposed asset sales or
       restructuring of existing indebtedness, including but not
       limited to any transaction in which the Debtors would seek
       Bankruptcy Court approval;

   (k) assist the Debtors in their evaluation of indications of
       interest and the negotiation of asset purchase agreements
       /stalking horse bids/ bidding procedures;

   (l) assist with financial reporting required by the Office of
       the United State Trustee and Bankruptcy Code;

   (m) assist with the development of a Key Employee Incentive
       Plan;

   (n) assist counsel with the preparation of any motions to be
       filed with the Bankruptcy Court;

   (o) participate and testify in any Bankruptcy Court proceeding
       on Debtors' behalf based on PwC's direct knowledge of the
       estate arising from or relating to the Services and matters
       described and arising in connection with any
       transactions or restructuring of existing indebtedness;
       and assist with the sale of the Debtors' assets under
       section 363 of the Bankruptcy Code, and as appropriate,
       coordination with the Debtors' other financial and legal
       advisors;

   (p) render any other restructuring advisory services, as
       requested by the Debtors or their counsel;

   (q) provide advice and assistance to the Debtors in connection
       with the Debtors' accumulation of data and preparation of
       various schedules, account analyses, and reconciliations,
       including reconciliations of claims, bankruptcy petitions,
       the plan of reorganization and other reports required by
       the Bankruptcy Court, bankruptcy schedules and statements
       of financial affairs and such other documentation that is
       customarily issued by a debtor;

   (r) if requested by the Debtors, PwC will accumulate data and
       prepare certain schedules based upon Debtors' instructions;
       and

   (s) prepare various written outlines, executive summaries,
       presentations, memoranda, analysis of issues, and
       schedules, including a 13-week cash flow, prepared in
       connection with the engagement as requested (collectively,
       the "Deliverables").

PwC will be paid at these hourly rates:

       Partner/Principal            $700-$860
       Director/Senior Manager      $525-$625
       Manager                      $385-$450
       Senior Associate             $340-$400
       Associate                    $285-$335
       Secretarial                  $95-$110

PwC will also be reimbursed for reasonable out-of-pocket expenses
incurred.

The Debtors paid PwC two retainers of $100,000 and $200,000,
respectively, for services rendered in connection with the
preparation and filing of these Chapter 11 cases.  These retainers
were exhausted through services and out-of-pocket expenses
incurred prior to the petition date.

Steven J. Fleming, principal of PwC, assured the Court that the
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.

The Court for the District of New Jersey will hold a hearing on
the application on July 24, 2014, at 10:00 a.m.  Objections were
due July 17, 2014.

PwC can be reached at:

       Steven J. Fleming
       PRICEWATERHOUSECOOPERS LLP
       300 Madison Avenue, 24th Floor
       New York, NY 10017
       Tel: (646) 471-3041

                         About Kid Brands

Based in Rutherford, New Jersey, Kid Brands, Inc., is a designer,
importer, marketer, and distributor of infant and juvenile
consumer products.  Its operating subsidiaries consist of Kids
Line, LLC, CoCaLo, Inc., Sassy, Inc., and LaJobi, Inc.  Providing
"everything but the baby" for a child's nursery, the company sells
infant bedding and accessories under the Kids Line and CoCaLo
brands; nursery furniture under the LaJobi brand; and baby care
items under the Kokopax and Sassy brands.

Citing their inability to raise capital due to contingent
liabilities and operational issues, Kid Brands and six of its U.S.
subsidiaries each filed a voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. D. N.J. Lead Case No.
14-22582) on June 18, 2014.  To preserve the value of their
assets, the Debtors are pursuing a sale of the assets pursuant to
section 363 of the Bankruptcy Code.

As of April 30, 2014, the Debtors had $32.40 million in total
assets and $109.1 million in total liabilities.  As of the
Petition Date, unsecured debts totaled $54 million.

Judge Donald H. Steckroth oversees the cases.  The Debtors have
sought and obtained an order directing joint administration of
their Chapter 11 cases.

Lowenstein Sandler LLP serves as the Debtors' counsel.
PricewaterhouseCoopers LLP is the Debtors' financial advisor.  GRL
Capital Advisors acts as the Debtors' restructuring advisors.
Rust Consulting/Omni Bankruptcy is the Debtors' claims and
noticing agent.


KOSMOS ENERGY: S&P Assigns 'B' CCR & Rates $300MM Sr. Notes 'CCC+'
------------------------------------------------------------------
Standard & Poor's Ratings Services assigned its 'B' corporate
credit rating to Bermuda-based offshore exploration and production
(E&P) company Kosmos Energy Ltd.  The outlook is stable.

At the same time, S&P assigned its 'CCC+' issue rating (two
notches below the corporate credit rating) to Kosmos' proposed
$300 million senior secured notes due 2021.  S&P assigned its 'B'
issue rating (the same as the corporate credit rating) to Kosmos'
$1.5 billion reserve based loan (RBL) credit facility.

The company plans to use proceeds from the proposed offering to
repay existing debt on its reserve based loan.

"The ratings on Kosmos reflect our assessment of the company's
'vulnerable' business risk and 'aggressive' financial risk
profiles," said Standard & Poor's credit analyst Marc Bromberg.

The ratings incorporate the company's deepwater exploration
strategy, which S&P views as very risky, its concentration in
Ghana where the country risk is substantial, its short proved
developed reserve life, below-average profitability compared with
rated offshore peers due to high exploration and depreciation,
depletion, and amortization (DD&A), and taxes, and its reliance on
peers to fund its capital-intensive development programs.  The
company's "strong" liquidity only partially buffers these
weaknesses.

The 'B' issue rating on the RBL facility reflects the seniority of
the RBL facility in the waterfall at Kosmos compared with the
other debt and non-debt claims at the company.  S&P estimates that
recovery on the RBL facility could be robust, particularly if the
RBL is not fully drawn at the time of a theoretical default
because of its borrowing base structure.  However, S&P do not rate
the RBL above the corporate credit rating because of uncertainties
associated with the enforcement of claims and the timeliness of
recovery of claims in Ghana.

The 'CCC+' rating on the proposed notes, two notches below the
corporate credit rating, reflects S&P's belief that priority
liabilities -- including effectively senior debt and trade
payables -- could be significant.  The ratio of priority
liabilities to Standard & Poor's-adjusted assets is close to the
30% threshold and would likely exceed this level during the coming
years.

S&P's rating outlook on Kosmos is stable, reflecting its
assumption that production and costs will be in line with its
expectations and that the company will not experience any takeaway
disruptions.  S&P expects the company will maintain strong
liquidity and that FFO to debt will remain at least 20%.

S&P could lower the rating if the company experiences unexpected
takeaway or production difficulties.  S&P could envision such a
scenario if the operating environment in Ghana becomes less
favorable for Kosmos, putting its cash flows at risk.  Given the
company's short reserve life, S&P considers successful exploration
and timely and cost-effective development of its wells as a key
factor.  As a result, S&P could also lower the rating if
exploration success is weak, the company is unable to fund
development of wells, or if production expectations fail to
materialize.  If this occurs, S&P expects that the company's cash
flows could weaken, resulting in FFO to debt below 20% and it
could put liquidity at risk.

An upgrade is unlikely until the company substantially improves
its size and scale, in addition to improved geographic diversity.
Such an event will likely come through the longer-term E&P of its
positions outside Ghana.


LAUREN ENTERPRISES: Voluntary Chapter 11 Case Summary
-----------------------------------------------------
Debtor: Lauren Enterprises, LLC
        7351 Wiles Road #103
        Pompano Beach, FL 33067

Case No.: 14-26385

Chapter 11 Petition Date: July 21, 2014

Court: United States Bankruptcy Court
       Southern District of Florida (Fort Lauderdale)

Judge: Hon. John K Olson

Debtor's Counsel: Joel M. Aresty, Esq.
                  JOEL M. ARESTY P.A.
                  309 1st Ave S
                  Tierra Verde, FL 33715
                  Tel: 305-899-9876
                  Fax: 305-723-7893
                  Email: aresty@mac.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Ricardo Pedrosa, authorized individual.

The Debtor did not file a list of its largest unsecured creditors
when it filed the petition.


LDK SOLAR: NYSE Reschedules Hearing on ADS Suspension Review
------------------------------------------------------------
LDK Solar Co., Ltd., in provisional liquidation and its Joint
Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of
Zolfo Cooper (Cayman) Limited, announced that the New York Stock
Exchange Committee for Review has rescheduled LDK Solar's review
hearing to Monday, Sept. 8, 2014.  The hearing was originally
scheduled for June 26, 2014.

The Company had requested a review of the decision made on
March 31, 2014, by the Staff of NYSE Regulation, Inc., to suspend
trading in the Company's American depositary shares on the NYSE
and to commence delisting proceedings.

Trading of the Company's ADSs has been suspended on the NYSE since
March 31, 2014.  Quotations of the Company's ADSs have been
available on OTC Pink Limited Information under the symbol
"LDKSY".

                           About LDK Solar

LDK Solar Co., Ltd. -- http://www.ldksolar.com-- based in Hi-
Tech Industrial Park, Xinyu City, Jiangxi Province, People's
Republic of China, is a vertically integrated manufacturer of
photovoltaic products, including high-quality and low-cost
polysilicon, solar wafers, cells, modules, systems, power
projects and solutions.

LDK Solar was incorporated in the Cayman Islands on May 1, 2006,
by LDK New Energy, a British Virgin Islands company wholly owned
by Xiaofeng Peng, LDK's founder, chairman and chief executive
officer, to acquire all of the equity interests in Jiangxi LDK
Solar from Suzhou Liouxin Industry Co., Ltd., and Liouxin
Industrial Limited.

LDK Solar Co disclosed a net loss of $1.05 billion on $862.88
million of net sales for the year ended Dec. 31, 2012, as compared
with a net loss of $608.95 million on $2.15 billion of net sales
for the year ended Dec. 31, 2011.

KPMG, in Hong Kong, China, issued a "going concern" qualification
on the consolidated financial statements for the year ended
Dec. 31, 2012.  The independent auditors noted that the Group has
a net working capital deficit and a deficit in total equity as of
Dec. 31, 2012, and is restricted from incurring additional
indebtedness as it has not met a financial covenant ratio as
defined in the indenture governing the RMB-denominated US$-settled
senior notes.  These conditions raise substantial doubt about the
Group's ability to continue as a going concern.


LOEHMANN'S HOLDINGS: Plan Confirmed, To Complete Wind-Down
----------------------------------------------------------
Bevin Fletcher, writing for The Deal, reported that the estate of
discount retailer Loehmann's Holdings Inc. is close to wrapping up
its Chapter 11 case.  According to the report, Judge Martin Glenn
of the U.S. Bankruptcy Court for the Southern District of New York
in Manhattan on July 22 confirmed the liquidation plan for the
debtor, now known as LHI Liquidation Co.

                          About Loehmann's

Discount retailer Loehmann's Holdings Inc., and two affiliates
sought Chapter 11 protection (Bankr. S.D.N.Y. Lead Case No.
13-14050) on Dec. 15, 2013.

This is Loehmann's third bankruptcy filing, but this time it will
be a liquidation with going-out-of-business sales.

The first bankruptcy was a 14-month Chapter 11 reorganization
completed in September 2000.  At the time the chain had 44 stores
in 17 states.  The second bankruptcy culminated in a
reorganization plan implemented in March 2011.  It was acquired by
Istithmar in July 2006 in a $300 million transaction.

Loehmann's, based in the Bronx borough of New York City, operated
39 stores in 11 states as of the 2013 bankruptcy filing.

In the new Chapter 11 case, Loehmann's disclosed assets and debt
both totaling $96.7 million.  The debt includes $4.3 million on a
first-lien credit agreement with Wells Fargo Bank NA as agent, not
including about $9 million in letters of credit.

Kristopher M. Hansen, Esq., at Stroock & Stroock & Lavan LLP,
serves as counsel to the Debtors; Canaccord Genuity Inc. is the
investment banker; Clear Thinking Group LLC is the restructuring
advisor; and Epiq Bankruptcy Solutions LLC is the claims and
notice agent.

On Dec. 23, 2013, the Office of the United States Trustee for
Region 2 appointed the Committee, consisting of C2 Imaging LLC,
DDR Corp., Fownes Brothers & Co., Juicy Couture, National Retail
Consolidators, Regency Centers L.P., and Rutherford JV.  On Dec.
30, 2013, Fownes Brothers & Co. resigned from the Committee.  On
Jan. 2, 2014, the U.S. Trustee filed a notice adding CHL Design
Forum Ltd. to the Committee.  The Committee selected James S.
Carr, Esq., Robert L. LeHane, Esq., and Benjamin D. Feder, Esq.,
at Kelley Drye & Warren LLP as its proposed legal advisors and FTI
Consulting, Inc. as its financial advisors.

Loehmann's held auctions on Jan. 3 and 4, 2014.  A joint venture
among SB Capital Group LLC, Tiger Capital Group LLC and A&G Realty
Partners LLC acquired the rights to conduct going-out-of-business
sales by buying inventory, furniture, fixtures, accounts
receivable and cash.  They bid $19 million.

Madison Capital Holdings LLC won the auction for the lease-
designation rights, and can look for other retailers to take over
Loehmann's leases.  Esopus Creek Advisors LLC won the auction for
intellectual property.

Loehmann's hasn't disclosed the size of the winning bids,
according to Bloomberg News.

On Jan. 7, 2014, the U.S. Bankruptcy Court authorized the joint
venture of SB Capital, Tiger Capital and A & G Realty to conduct
"Going Out of Business" sales in each of Loehmann's 39 locations
in 11 states and the District of Columbia.  The GOB sales began
Jan. 9.


LOVE CULTURE: Section 341(a) Meeting Scheduled for August 20
------------------------------------------------------------
A meeting of creditors in the bankruptcy case of Love Culture Inc.
will be held on Aug. 20, 2014, at 12:00 p.m. at Suite 1401, One
Newark Center.  Creditors have until Nov. 18, 2014, 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.

Love Culture Inc. filed a Chapter 11 bankruptcy petition (Bankr.
D. N.J. Case No. 14-24508) on July 16, 2014.  J.E. Rick Bunka
signed the petition as chief restructuring officer.  The Debtor
estimated assets of $10 million to $50 million and liabilities of
at least $10 million.  Judge  Novalyn L. Winfield presides over
the case.

Lowenstein Sander LLP acts as the Debtor's counsel.
PricewaterhouseCoopers LLP serves as the Debtor's financial
advisor.  Epiq Systems is the Debtor's claims and noticing agent.
Consensus Advisory Service LLC and Consensus Securities LLC is the
Debtor's investment banker.


LV HARMON: Asks Court to Extend Filing of Schedules to July 31
--------------------------------------------------------------
LV Harmon LLC and four of its affiliates asks the Hon. August B.
Landis of the U.S. Bankruptcy Court for the District of Nevada to
extend the time to file certain schedules, statements, and other
documents up to July 31, 2014.

The Debtors say in their court filing dated July 9, 2014, that the
analysis and compilation of the information for the Schedules and
Statements will take some time given the complexity of their
interests in the assets as tenants in common with two other
entities that are not currently in bankruptcy.  Additionally,
notwithstanding various attempts by the Debtors to obtain the
information, the Debtors currently do not have in their possession
the name and contact information of the successor administrative
agent and collateral agent under that certain Credit Agreement
(Second Lien) dated as of Aug. 1, 2007, following the resignation
of Credit Suisse AG, Cayman Islands Branch from the role in
October 2011.  The Debtors state that it won't be possible to
complete the Schedules and Statement within the 14 days allowed
under Bankruptcy Rule 1007(c).

The Court entered an order on July 9, 2014, granting the Debtors'
motion for order directing joint administration of the Debtors'
Chapter 11 cases.  The Court ruled that the cases will be jointly
administered by the Court under Case No. 14-14360-ABL, the case
number assigned to LV Harmon.

LV Harmon LLC and four of its affiliates filed separate Chapter 11
bankruptcy petitions (Bankr. D. Nev. Case Nos. 14-14360 to
14-14364) on June 25, 2014.  The petitions were signed by
Massimiliano Ferruzzi as authorized signatory.  The Debtors
estimated assets of at least $100 million and liabilities of
between $500 million to $1 billion.  Gordon Silver serves as the
Debtors' counsel.  Judge August B. Landis presides over the case.


MIDTOWN SCOUTS: To Present Plan for Confirmation on Aug. 28
-----------------------------------------------------------
The Bankruptcy Court for the Southern District of Texas has
approved the disclosure statement filed by Midtown Scouts Square
Property, LP, and Midtown Scouts Square, LLC, and set a hearing on
Aug. 28, 2014, at 10:00 a.m. to consider confirmation of the
Chapter 11 Plan.

The Debtors' exclusive period to solicit acceptances of the Plan
is also extended to Aug. 28, 2014, at 5:00 p.m.

As reported in the Troubled Company Reporter on July 1, 2014,
Midtown Scouts Square Property, LP, and Midtown Scouts Square, LLC
filed with the Bankruptcy Court a Disclosure Statement explaining
their Joint Plan of Reorganization.

According to the Disclosure Statement:

     (1) Allowed Administrative Claims and Priority Non-Tax Claims
will be paid in cash in full;

     (2) Allowed Ad Valorem Claims of Taxing Authorities will be
paid in cash full within 30 days of the Effective Date;

     (3) Allowed Non-Tax Priority Claims, if any, will be paid in
cash in full within 30 days of the Effective Date;

     (4) Allowed Priority Tax Claims, if any, will be paid in full
within 30 days of the Effective Date including interest at the
statutory rate;

     (5) Allowed Secured Claim of Bank of Houston secured by liens
on the Office Building will be paid by pursuant to the terms of
the prepetition promissory note, with the unpaid prepetition
amount due added on to the end of the respective note;

     (6) Allowed Secured Claim of Bank of Houston secured by liens
on the Parking Garage will be paid by pursuant to the terms of the
prepetition promissory note, with the exception that the term of
the note will be extended by 60 months with the unpaid prepetition
amount due added on to the end of the respective note;

     (7) Allowed Secured Claim of the Debtors' second lien lender
(Mercantile Capital Corporation) will be converted to the
permanent SBA Debenture (504 loan) and will be paid pursuant to
terms of the pre-approved SBA note;

     (8) Allowed Non-Insider Unsecured Claims will be paid in full
with interest at 5% over 60 months beginning on the Effective Date
with quarterly distributions thereafter;

     (9) The Allowed Claims of Insiders, including any Allowed
Claim of Richey Family Limited Partnership, Todd Richey and L.E.
Richey, will be paid in full with interest at 5% over 60 months,
or in the event the Court determines that the Richey's hold an
equity interest in the Debtors, such claim will be converted to
equity;

    (10) In exchange for converting the postpetition financing
claim entitled to priority under Section 503(b)(l), his
prepetition claim of $260,624, and the Equity Infusion, Atul Lucky
Chopra will retain his 100% equity interest in the Reorganized
Debtors, or a reduced equity percentage if the Court determines
that the Richeys hold an equity interest in the Debtors.

A copy of the Disclosure Statement is available for free at:

     http://bankrupt.com/misc/MIDTOWNSCOUTS_148_ds.pdf

                    About Midtown Scouts Square

Midtown Scouts Square Property, LP, and affiliate Midtown Scouts
Square, LLC, own two commercial properties located in Midtown
Houston, Texas.  The first property is a mixed use 36,000-square-
foot two-storey office/restaurant building originally constructed
in 1975, while the second property is a 104,000-square foot eight-
storey parking garage with ground floor retail space, both in
Bagby Street, in Houston.

The two entities sought Chapter 11 protection (Bankr. S.D. Tex.
Lead Case No. 13-32920) on May 9, 2013.  The petitions were signed
by Erich Mundinger as president of general partner.  Judge Karen
K. Brown presides over the case.  In its schedules, MSS Property
disclosed $17,408,328 in assets and $16,666,325 in liabilities.
Edward L. Rothberg, Esq. at Hoover Slovacek, LLP, serves as the
Debtor's counsel.  Hawash Meade Gaston Neese & Cicack, LLP, serves
as special litigation counsel.

The U.S. Trustee has not appointed an official committee of
unsecured creditors in the Debtors' bankruptcy cases.


MINERALRITE CORP: Reports $581K Net Loss for March 31 Quarter
-------------------------------------------------------------
MineralRite Corporation filed its quarterly report on Form 10-Q,
disclosing a net loss of $580,793 on $54,700 of net revenue for
the three months ended March 31, 2014, as compared with a net loss
of $224,000 on $27,300 of net revenue for the same period in 2013.

The Company's balance sheet at March 31, 2014, showed $2.04
million in total assets, $1.4 million in total liabilities, and
stockholders' equity of $640,542.

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

                       http://is.gd/fXEFr9

Lindon, Utah-based MineralRite Corporation's new business focus is
to enter the business of mineral processing, certification,
equipment manufacturing and sales.

On March 1, 2013, the Company acquired 100% of the total shares
outstanding of Goldfield International, Inc., in exchange for
issuing 2,000,000 shares of its common stock.  The acquisition was
based the fair value of the shares issued amounting to $900,000.
Goldfield is in the business of manufacturing gold mining
equipment.


MMODAL INC: Says Exit Plan Has Support From Key Parties
-------------------------------------------------------
M*Modal, in its a memorandum of law in support of its Second
Amended Joint Plan Of Reorganization, tells the Court that the
Plan is the culmination of extensive, good-faith negotiations
among the Debtors and their principal stakeholders, including the
agent for the first lien, lenders, certain lenders, noteholders
and the official committee of unsecured creditors, all of whom, to
the Debtors' knowledge, support confirmation of the Plan.

Shmuel Vasser, Esq., of Dechert LLP, representing the Debtors,
says the Plan effectuates a reorganization of the Debtors through,
among other things:

    (i) the issuance of the Holdings Reorganized Equity Interests
        to the holders of First Lien Claims and General Unsecured
        Claims (including Noteholder Claims);

   (ii) the issuance of the New Term Loan to the holders of First
        Lien Claims;

  (iii) the issuance of the New Warrants to the holders of General
        Unsecured Claims (including Noteholder Claims) and

   (iv) the payment of the Exit Distribution of $9,099,954.50 in
        the aggregate to the holders of First Lien Claims and
        General Unsecured Claims (including Noteholder Claims).

The basic economic terms of the Plan are as follows:

    (a) Holders of Priority Claims and Other Secured Claims are
        Unimpaired and are deemed to accept the Plan;

    (b) Each holder of a First Lien Claim shall receive such
        holder's pro rata share of (i) the New Term Loan and (ii)
        93% of the Holdings Reorganized Equity Interests subject
        to dilution solely on account of the New Warrants and
        Management Stock Option Plan and (iii) $8,239,757.68 in
        Cash;

    (c) The holders of Other Secured Claims are Unimpaired and are
        deemed to accept the Plan;

    (d) The holders of Allowed General Unsecured Claims shall
        receive the Pro Rata share of: (i) seven (7) percent of
        Reorganized Holdings Equity Interests subject to dilution
        solely on account of the New Warrants and Management Stock
        Option Plan; (ii) the New A Warrants and New B Warrants;
        and (iii) $860,196.81 in Cash;

    (d) The holders of Convenience Class Claims are Unimpaired and
        are deemed to accept the Plan;

    (e) The holders of Intercompany Interests are Unimpaired and
        are deemed to accept the Plan;

    (f) Holders of Subordinated Claims, Intercompany Claims, and
        Holdings Equity Interests shall not receive or retain any
        property under the Plan on account of such Claims or
        Equity Interests.

                          About M*Modal

Headquartered in Franklin, Tennessee, M*Modal provides clinical
documentation solutions for the U.S. healthcare industry.  It has
operations in six countries and employs more than 9,900 employees,
most of whom are medical transcriptionists or medical editors.

M*Modal, a medical-services company owned by J.P. Morgan Chase
Co.'s private-equity arm, filed for Chapter 11 bankruptcy
protection, following a decline in sales and mounting debt.

MModal disclosed $627 million in total assets and $876 million in
total liabilities as of Feb. 28, 2014.  MModal Inc., disclosed, in
its schedules, assets of $36,128,041 plus undetermined amount, and
liabilities of $808,089,536 plus undetermined amount.

Legend Parent Inc. and other M*Modal entities, including MModal
Inc., sought bankruptcy protection (Bankr. S.D.N.Y. Lead Case No.
14-10701) on March 20, 2014.

The Debtors have tapped Dechert LLP as attorneys, Alvarez & Marsal
North America, LLC, as restructuring advisor, Lazard Freres & Co
LLC as investment banker, Deloitte Tax LLP as tax advisor, and
Prime Clerk LLC as claims and noticing agent, and administrative
advisor.

The Joint Plan of Reorganization dated April 25, 2014, provides
that First Lien Claims will be allowed in the aggregate amount of
$507,680,532.  On the effective date, holders of First Lien Claim
will also receive their pro rata share of (i) the New Term Loan,
(ii) 93% of Reorganized Holdings Equity Interests, subject to
dilution solely on account of the New Warrants and Management
Stock Option Plan; and (iii) $8,197,801 in Cash.

Holders of Allowed General Unsecured Claims will receive their pro
rata share of (i) 7% of the Reorganized Holdings Equity Interests;
(ii) the New A Warrants and New B Warrants; and (iii) $617,039 in
Cash.

A Steering Committee for Secured Lenders under the Prepetition
Credit Agreement is represented by Richard Levy, Esq., at Latham &
Watkins LLP.  An Ad Hoc Committee of certain unaffiliated holders
of (i) the Term B loan under the Prepetition Credit Agreement and
(ii) Notes issued under the Indenture is represented by Michael
Stamer, Esq., and James Savin, Esq., at Akin Gump Strauss Hauer &
Feld LLP.

The U.S. Trustee for Region 2 has appointed three members to the
Official Committee of Unsecured Creditors.  Kristopher M. Hansen,
Esq., Frank A. Merola, Esq., and Matthew G. Garofalo, Esq., at
Stroock & Stroock & Lavan LLP, in New York, serve as counsel to
the Committee.  Michael Diaz of FTI Consulting leads the team of
financial advisors to the Creditors' Committee.


MMODAL INC: Can Enter Into $50MM Wells Fargo Exit Facility
----------------------------------------------------------
U.S. Bankruptcy Judge Robert E. Grossman has authorized Legend
Parent, Inc.'s entry into a Senior Secured Exit Revolving Loan
Facility Commitment Letter with Wells Fargo Bank, N.A., and a
related fee letter with Wells Fargo.

Upon review, the Debtors, with the consent of certain lenders and
noteholders, have selected Wells Fargo to structure, arrange and
syndicate a senior secured exit revolving loan facility in the
amount of $50 million.

The relevant parties have determined that the New Exit Facility as
proposed by Wells Fargo was the most favorable proposal based on
the terms, price and fees.

To induce execution of the Commitment Letter, MModal agreed to pay
a $150,000 commitment fee in full in cash on the execution date.
MModal also agreed to pay to Wells Fargo a $220,000 deposit to
fund the reimbursement of expenses incurred by, or on behalf of
Wells Fargo.  In addition, in the event the Debtors consummate an
alternate financing transaction pursuant to the terms set forth in
the Fee Letter, MModal is required to pay Wells Fargo a fee in
lieu of the Exit Facility Fees.

Wells Fargo will have administrative expense claims for the
Debtors' obligations under the Commitment Letter, subject to the
terms and conditions thereof, provided, however, that the Debtors'
obligations under the Commitment Letter shall only be due and
payable to Wells Fargo subject to the terms and conditions of the
Commitment Letter.  For the avoidance of doubt, to the extent that
any obligations are contingent upon the closing of the New Exit
Facility, such obligations will not be owed by the Debtors unless
and until closing of the New Exit Facility.

                          About M*Modal

Headquartered in Franklin, Tennessee, M*Modal provides clinical
documentation solutions for the U.S. healthcare industry.  It has
operations in six countries and employs more than 9,900 employees,
most of whom are medical transcriptionists or medical editors.

M*Modal, a medical-services company owned by J.P. Morgan Chase
Co.'s private-equity arm, filed for Chapter 11 bankruptcy
protection, following a decline in sales and mounting debt.

MModal disclosed $627 million in total assets and $876 million in
total liabilities as of Feb. 28, 2014.  MModal Inc., disclosed, in
its schedules, assets of $36,128,041 plus undetermined amount, and
liabilities of $808,089,536 plus undetermined amount.

Legend Parent Inc. and other M*Modal entities, including MModal
Inc., sought bankruptcy protection (Bankr. S.D.N.Y. Lead Case No.
14-10701) on March 20, 2014.

The Debtors have tapped Dechert LLP as attorneys, Alvarez & Marsal
North America, LLC, as restructuring advisor, Lazard Freres & Co
LLC as investment banker, Deloitte Tax LLP as tax advisor, and
Prime Clerk LLC as claims and noticing agent, and administrative
advisor.

The Joint Plan of Reorganization dated April 25, 2014, provides
that First Lien Claims will be allowed in the aggregate amount of
$507,680,532.  On the effective date, holders of First Lien Claim
will also receive their pro rata share of (i) the New Term Loan,
(ii) 93% of Reorganized Holdings Equity Interests, subject to
dilution solely on account of the New Warrants and Management
Stock Option Plan; and (iii) $8,197,801 in Cash.

Holders of Allowed General Unsecured Claims will receive their pro
rata share of (i) 7% of the Reorganized Holdings Equity Interests;
(ii) the New A Warrants and New B Warrants; and (iii) $617,039 in
Cash.

A Steering Committee for Secured Lenders under the Prepetition
Credit Agreement is represented by Richard Levy, Esq., at Latham &
Watkins LLP.  An Ad Hoc Committee of certain unaffiliated holders
of (i) the Term B loan under the Prepetition Credit Agreement and
(ii) Notes issued under the Indenture is represented by Michael
Stamer, Esq., and James Savin, Esq., at Akin Gump Strauss Hauer &
Feld LLP.

The U.S. Trustee for Region 2 has appointed three members to the
Official Committee of Unsecured Creditors.  Kristopher M. Hansen,
Esq., Frank A. Merola, Esq., and Matthew G. Garofalo, Esq., at
Stroock & Stroock & Lavan LLP, in New York, serve as counsel to
the Committee.  Michael Diaz of FTI Consulting leads the team of
financial advisors to the Creditors' Committee.


MUD KING: Equity Holders to Retain Interests Under Plan
-------------------------------------------------------
Mud King Products, Inc., early this month filed its proposed
Reorganization Plan.  According to the Disclosure Statement, the
key provisions of the Plan are:

    (1) Administrative Claims will be paid in cash in full;

    (2) Priority Claims will be paid in full in cash when due;

    (3) Allowed Claim of Ad Valorem taxing authorities shall be
        paid when due;

    (4) Allowed Secured Claim of Ford Motor Credit will be paid
        pursuant to its contractual terms;

    (5) Allowed Claims of $50,000 or less will be paid in cash in
        full;

    (6) Allowed General Unsecured Claims of Greater than $50,000
        shall receive a pro rata share of equal quarterly payments
        for a period of twenty quarters until such claims are paid
        in full, with simple interest at the rate of 5% per annum
        accruing from the Effective Date;

    (7) Allowed Employee Indemnification Claims shall be paid in
        full in cash;

    (8) Holders of Class 6 Equity Interest shall retain their
        Interests held on the date of the filing of the bankruptcy
        case with the prohibition of payment of dividends until
        Class 1, 2, 3, 4 and 5 are paid as provided in the Plan.

To the extent that the Court determines that NOV should hold an
Allowed Claim, the NOV Claim would be treated in either Class 3 or
Class 4 of this Plan, as appropriate.  On September 21, 2012,
National Oilwell Varco (?NOV?) initiated a lawsuit n Harris County
District Court against Mud King and various other defendants for
misappropriation of trade secret and related actions.

As of the Effective Date, the management of the Reorganized Debtor
shall continue to receive salaries as follows: Nigel Brassington -
$237,070 annually and Djoni Handoyo Layanto - $148,494 annually.
Lee Wilson will continue as operations manager at an annual salary
of $110,000.

A copy of the Disclosure Statement dated July 1, 2014, is
available for free at http://bankrupt.com/misc/MUDKING_302_ds.pdf

                      About Mud King Products

Mud King Products, Inc., filed a Chapter 11 petition (Bank. S.D.
Tex. Case No. 13-32101) on April 5, 2013.  The petition was signed
by Erich Mundinger as vice president.  The Debtor disclosed
$18,959,158 in assets and $3,351,216 in liabilities as of the
Chapter 11 filing.  Annie E Catmull, Esq., Melissa Anne Haselden,
Esq., Mazelle Sara Krasoff, Esq., and Edward L Rothberg, Esq., at
Hoover Slovacek, LLP, represent the Debtor in its restructuring
effort.  Judge Karen K. Brown presides over the case.

The U.S. Trustee was unable to appoint an official committee of
unsecured creditor.


MUD KING: NOV's Trade Secret Claim Estimated at $74K
----------------------------------------------------
U.S. Bankruptcy Judge Karen K. Brown has ordered that National
Oilwell Varco's misappropriation of trade secrets damage claim is
estimated at $74,435, plus possible prejudgment interest for the
misappropriation of NOV's trade secrets.  NOV has also proven it
is entitled to additional damages of $1,000 under the TTLA, plus
its attorneys' fees and costs.

Prior to the initiation of the NOV Litigation, Mud King was
profitable and had no significant financial issues.  On Sept. 21,
2012, National Oilwell Varco ("NOV") initiated a lawsuit n Harris
County District Court against Mud King and various other
defendants for misappropriation of trade secret and related
actions.  On October 19, 2012, this litigation was removed to the
Federal District court in Houston, where it remains pending, in
the case styled as National Oilwell Varco v. Mud King Products,
L.L.C. et al, Case No. 4:12-cv-03120, in the United States
District Court for the Southern District of Texas, Houston
Division.  Mud King has denied the allegations in the NOV
Litigation.  The NOV Litigation remains pending and has been
stayed due to the bankruptcy filing.

The Debtors asset that the replacement mud pump parts at issue in
this case correspond to various original equipment manufacturer
("OEM") pumps originally manufactured by NOV.  NOV does not allege
that any of these pumps or pump parts are protected by any
registered patent or trademark.  Nor do they constitute secret or
new technology.  In fact, most of the pumps were designed decades
ago.

NOV alleges that it learned in August 2012 that one of its
employees was providing NOV drawings of mud pump component parts
to a Mud King employee.  Because Mud King had already been selling
these same parts for over a decade and such parts had been widely
produced by manufacturers other than NOV, it is not clear whether
any benefit could be derived from such drawings.  NOV's employee
was allegedly paid $900 for the drawings.  NOV filed the NOV
Litigation seeking, among other things, a temporary restraining
order.  Mud King attended mediation with NOV which resulted in an
Unopposed Temporary Injunction Order requiring that Mud King not
use NOV's drawings and fully protecting NOV's interests ("TI").
The NOV Litigation was subsequently removed to Federal District
Court where Judge Nancy Atlas adopted the TI, which continues in
full force and effect as the Second Amended Unopposed Preliminary
Injunction Order.

As a result of the NOV Litigation and related negative publicity,
Mud King's sales have been negatively impacted.  Additionally, as
of the Petition Date, the Debtor had expended more than $400,000
in legal fees and expenses related to the NOV Litigation,
averaging $60,000 per month.

                      About Mud King Products

Mud King Products, Inc., filed a Chapter 11 petition (Bank. S.D.
Tex. Case No. 13-32101) on April 5, 2013.  The petition was signed
by Erich Mundinger as vice president.  The Debtor disclosed
$18,959,158 in assets and $3,351,216 in liabilities as of the
Chapter 11 filing.  Annie E Catmull, Esq., Melissa Anne Haselden,
Esq., Mazelle Sara Krasoff, Esq., and Edward L Rothberg, Esq., at
Hoover Slovacek, LLP, represent the Debtor in its restructuring
effort.  Judge Karen K. Brown presides over the case.

The U.S. Trustee was unable to appoint an official committee of
unsecured creditor.


NATIONAL AUTOMATION: Has $1.66-Mil. Net Income in March 31 Quarter
------------------------------------------------------------------
National Automation Services, Inc., filed its quarterly report on
Form 10-Q, disclosing net income of $1.66 million on $2 million of
revenue for the three months ended March 31, 2014, compared with a
net loss of $101,500 on $nil of revenue for the same period last
year.

The Company's balance sheet at March 31, 2014, showed $16.93
million in total assets, $17.91 million in total liabilities and a
stockholders' deficit of $984,000.

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

                       http://is.gd/PDCiWY

                    About National Automation

Henderson, Nev.-based National Automation Services, Inc.
(Pinksheets: NASV) -- http://www.nasautomation.com/-- is a
holding company formed to acquire and operate specialized
automation control companies located in the Southwestern United
States.  Currently, the Company owns 100% of the capital stock of
two operating subsidiaries: (1) Intuitive Solutions, Inc., a
Nevada corporation, based in Henderson, Nevada, and (2) Intecon,
Inc., an Arizona corporation, based in Tempe, Arizona.

The Company reported a net loss of $2.88 million on $1.95 million
of revenue for the year ended Dec. 31, 2010, compared with a net
loss of $4.88 million on $3.74 million of revenue during the prior
year.

As reported by the TCR on April 20, 2011, Lynda R. Keeton CPA,
LLC, in Henderson, NV, expressed substantial doubt about the
Company's ability to continue as a going concern, following the
2010 financial results.  The independent auditors noted that the
Company has working capital deficiencies and continued net losses.


NEIL ST. JOHN RAYMOND: Court Rules in Ch.7 Trustee's Lawsuit
------------------------------------------------------------
Bankruptcy Judge Joan N. Feeney denied the Motion for Temporary
Restraining Order and Preliminary Injunction filed by Joseph G.
Butler, the Chapter 7 Trustee for Neil St. John Raymond, in the
lawsuit captioned as, JOSEPH G. BUTLER, Chapter 7 Trustee,
Plaintiff, v. CANDLEWOOD ROAD PARTNERS, LLC, MAPLECROFT PARTNERS
LLC, 53-85 CANAL STREET LLC, BUTTONWOOD TRUST, BUTTONWOOD NOMINEE
TRUST, 2002 BUTTONWOOD NOMINEE TRUST, NEIL ST. JOHN RAYMOND, JR.,
MACY RAYMOND, BENJAMIN RAYMOND, SAMUEL RAYMOND, AND ELIZABETH
RAYMOND, Defendants, Adv. Proc. No. 14-1082 (Bankr. D. Mass.).

On April 25, 2014, the Chapter 7 Trustee filed a Verified
Complaint against the Defendants, Candlewood Road Partners, LLC;
Maplecroft Partners LLC; 53-85 Canal Street LLC; Buttonwood Trust,
Buttonwood Nominee Trust, 2002 Buttonwood Nominee Trust and
certain individual defendants, namely the Debtor's spouse,
Elizabeth, and children, Neil St. John Raymond, Macy Raymond,
Benjamin Raymond, and Samuel Raymond.

The Chapter 7 Trustee's Complaint contains eight counts:

     Count I    -- Declaratory Judgment (Trust Assets are Part
                   of the Debtor's Estate -- 11 U.S.C. Sec.
                   541(a));

     Count II   -- (Raymond Fraudulently Transferred Assets to His
                   Children -- M.G.L. c. 109A, Sec.Sec. 5 and 6
                   AND 11 U.S.C. Sec. 544);

     Count III  -- Declaratory Judgment (Company Assets are Part
                   of the Debtor's Estate -- 11 U.S.C. Sec.
                   541(a));

     Count IV   -- Veil Piercing (Limited Liability Company
                   Assets are Part of the Debtor's Estate);

     Count V    -- Turnover (Turnover of Antique Guns,
                   Collectibles, and Artwork -- 11 U.S.C. Sec.
                   Sec. 541 and 542);

     Count VI   -- Sale (Sale of Collectibles -- 11 U.S.C. Sec.
                   363);

     Count VII  -- Reach and Apply (Reach and Apply the Debtors'
                   [sic] Interests in Trusts Pursuant to M.G.L.
                   c. 214, Sec. 3(6)); and

     Count VIII -- Reach and Apply (Reach and Apply the Debtors'
                   [sic] Interests in Companies Pursuant to
                   M.G.L. c. 214, Sec. 3(6)).

The Chapter 7 Trustee contends that the dissolution of the Raymond
Children's Trust and the transfer of its assets, namely its 99%
interest in Raymond Property Company, its 62.89% interest in
Maplecroft, its 99% interest in Canal Street and 230,720 shares of
First Ipswich Bankcorp, to Candlewood was a fraudulent transfer of
the Debtor's property and asks for entry of an order avoiding the
transfer of assets formerly held by the Raymond Children's Trust.

In conjunction with the filing of his Verified Complaint, the
Chapter 7 Trustee filed a Motion for Temporary Restraining Order
and Preliminary Injunction in which he stated that Candlewood and
Raymond Property Company, "both entities owned by the Debtor's
children but actually controlled by the Debtor," made undocumented
loans to 41-45 Broad Street LLC.

A copy of the Court's July 16, 2014 Memorandum is available at
http://is.gd/xef3Myfrom Leagle.com.

The Debtor filed a voluntary Chapter 11 petition on October 24,
2013.  The Debtor filed a Motion for Entry of Order Converting
Debtor's Chapter 11 Case to Chapter 7, which the Court granted on
November 20, 2013.  Joseph G. Butler, Esq., was named Chapter 7
Trustee.


NEWPAGE HOLDINGS: Verso Starts New Tender Offer for Merger
----------------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that Verso Paper Corp. sweetened a tender offer for its
own debt to pull off a $1.4 billion merger with NewPage Holdings
Corp. initially announced early this year.  The new proposal by
Memphis, Tennessee-based Verso, announced on July 2, calls for
holders of $396 million in second-lien notes to receive as much as
15 percent of the stock in the combined business, while holders of
the $142.5 million in subordinated notes are slated to get as much
as 4.77 percent of the stock, the Bloomberg report said.

Jamie Mason, writing for The Deal, reported that sources with
knowledge on the tender offer are not as optimistic, pointing out
that Verso owes $396 million on the second-lien notes and $142.5
million on the senior subordinated notes, meaning that so far it
has 72.4% and 12.4% participation, respectively, falling short of
the 75% requirement for each group to complete the exchange.

The Deal said the Apollo Global Management LLC-backed paper
producer, based in Memphis, said that it has received support from
the holders of $286.9 million in 8.75% second-lien senior secured
notes due Feb. 1, 2019, and $17.7 million of its 11.375% senior
subordinated notes due Aug. 1, 2016, for the new exchange offer,
by the early tender deadline.  The exchange offer expires on
July 30, The Deal added.

The second-lien notes traded at 2:18 p.m. on July 10 for 50.3
cents on the dollar, to yield 29.158 percent, the Bloomberg report
said, citing Trace, the bond-price reporting system of the
Financial Industry Regulatory Authority.  At 1:36 p.m. on July 10,
subordinated notes went for 53.5 cents, to yield 50.279, Bloomberg
said, further citing Trace.

                   About NewPage Corp

Headquartered in Miamisburg, Ohio, NewPage Corporation was the
leading producer of printing and specialty papers in North
America, based on production capacity, with $3.6 billion in net
sales for the year ended Dec. 31, 2010.  NewPage owns paper mills
in Kentucky, Maine, Maryland, Michigan, Minnesota, Wisconsin and
Nova Scotia, Canada.

NewPage Group, NewPage Holding, NewPage, and certain of their U.S.
subsidiaries commenced Chapter 11 voluntary cases (Bankr. D. Del.
Case Nos. 11-12804 through 11-12817) on Sept. 7, 2011.  Its
subsidiary, Consolidated Water Power Company, is not a part of the
Chapter 11 proceedings.

Separately, on Sept. 6, 2011, its Canadian subsidiary, NewPage
Port Hawkesbury Corp., brought a motion before the Supreme Court
of Nova Scotia to commence proceedings to seek creditor protection
under the Companies' Creditors Arrangement Act of Canada.  NPPH is
under the jurisdiction of the Canadian court and the court-
appointed Monitor, Ernst & Young in the CCAA Proceedings.

Initial orders were issued by the Supreme Court of Nova Scotia on
Sept. 9, 2011 commencing the CCAA Proceedings and approving a
settlement and transition agreement transferring certain current
assets to NewPage against a settlement payment of $25 million and
in exchange for being relieved of all liability associated with
NPPH.  On Sept. 16, 2011, production ceased at NPPH.

NewPage originally engaged Dewey & LeBoeuf LLP as general
bankruptcy counsel.  In May 2012, Dewey dissolved and commenced
its own Chapter 11 case.  Dewey's restructuring group led by
Martin J. Bienenstock, Esq., Judy G.Z. Liu, Esq., and Philip M.
Abelson, Esq., moved to Proskauer Rose LLP.  In June, NewPage
sought to hire Proskauer as replacement counsel.

NewPage is also represented by Laura Davis Jones, Esq., at
Pachulski Stang Ziehl & Jones LLP, in Wilmington, Delaware, as
co-counsel.  Lazard Freres & Co. LLC is the investment banker, and
FTI Consulting Inc. is the financial advisor.  Kurtzman Carson
Consultants LLC is the claims and notice agent.

In its balance sheet, NewPage disclosed $3.4 billion in assets and
$4.2 billion in total liabilities as of June 30, 2011.

The Official Committee of Unsecured Creditors selected Paul
Hastings LLP as its bankruptcy counsel and Young Conaway Stargatt
& Taylor, LLP to act as its Delaware and conflicts counsel.

An affiliate, Newpage Wisconsin System Inc., disclosed
$509,180,203 in liabilities in its schedules.

NewPage successfully completed its financial restructuring and has
officially emerged from Chapter 11 bankruptcy protection pursuant
to its Modified Fourth Amended Chapter 11 Plan, confirmed on
Dec. 14, 2012, by the U.S. Bankruptcy Court for the District of
Delaware in Wilmington.

                         *     *     *

The Troubled Company Reporter, on July 10, 2014, reported that
Standard & Poor's Ratings Services lowered its corporate credit
rating on Memphis, Tenn.-based Verso Paper Holdings LLC to 'CC'
from 'CCC'.  The outlook is negative.

Moody's Investors Service, in June 2014, downgraded Verso Paper's
corporate family rating (CFR) to Caa3 from B3 and probability of
default rating (PDR) to Caa3-PD from Caa2-PD. Verso's liquidity
rating was also lowered to SGL-4 from SGL-3. At the same time,
Moody's lowered the ratings on Verso's $150 million asset based
revolving loan (ABL) to B2 (LGD1 4%) from Ba3 (LGD1 4%), the $50
million revolving credit facility and the $418 million senior
secured notes due 2019 rating to Caa1 (LGD2 25%) from Ba3 (LGD2
24%), the $272 million secured notes due 2019 to Caa3 (LGD4 55%)
from B3 (LGD4 54%), the $396 million fixed rate second-lien notes
to Ca (LGD5 78%) from Caa3 (LGD5 79%), the $13 million floating
rate second-lien notes due 2014 to Ca (LGD6 91%) from Caa2 (LGD5
79%) and the $143 million subordinated notes to Ca (LGD6 94%) from
Caa3 (LGD6 94%). All of the company's ratings remain under review
with direction uncertain. The rating action reflects Moody's view
that the announced agreement to acquire NewPage Corporation
(NewPage, B1, under review for downgrade) is becoming less likely
to occur as the Department of Justice continues its review, and as
Verso has been unsuccessful in its distressed exchange offer
that's a prerequisite of the acquisition. Therefore, the potential
for a higher CFR of the merged company is waning. "We believe it
very likely that Verso will default on its debt within the next
year, either via a distressed exchange as part of its attempt to
acquire NewPage, or via a filing if it fails to acquire NewPage",
said Ed Sustar, Moody's lead analyst for Verso.


PARADIGM ELIZABETH: Case Summary & 2 Unsecured Creditors
--------------------------------------------------------
Debtor: Paradigm Elizabeth, LLC
        581 & 631 Kapowski Road
        Elizabeth, NJ 07206

Case No.: 14-24901

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: July 21, 2014

Court: United States Bankruptcy Court
       District of New Jersey (Newark)

Judge: Hon. Donald H. Steckroth

Debtor's Counsel: Morris S. Bauer, Esq.
                  NORRIS MCLAUGHLIN & MARCUS, PA
                  PO Box 5933
                  Bridgewater, NJ 08807-5933
                  Tel: 908-722-0700
                  Fax: 908-722-0755
                  Email: msbauer@nmmlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by David Kushner, manager.

A list of the Debtor's two largest unsecured creditors is
available for free at http://bankrupt.com/misc/njb14-24901.pdf


PHILADELPHIA ENTERTAINMENT: Hearing Today on DLA Piper Employment
-----------------------------------------------------------------
The Bankruptcy Court will convene a hearing today, July 23, 2014,
at  1:00 p.m., to consider Philadelphia Entertainment and
Development Partners, L.P.'s bid to employ DLA Piper LLP (US) as
bankruptcy counsel.

At today's hearing, the Court will also consider the amended
objection filed by Roberta A. DeAngelis, the U.S. Trustee for
Region 3, to the Debtors' request.

A hearing on the matter was previously set for July 9, 2014.

As reported in the Troubled Company Reporter on July 2, the U.S.
Trustee said DLA Piper is not disinterested and holds a materially
adverse interest to the creditors and estate of the Debtor.

The U.S. Trustee also has said DLA Piper did not accurately
disclose all fees paid by the Debtor, and placed client funds
directly in its operating account in apparent breach of the
Attorney Rules of Professional Conduct.

The U.S. Trustee asks the Court to deny DLA Piper's engagement and
require the firm to disgorge all fees.

                 About Philadelphia Entertainment

Philadelphia Entertainment and Development Partners, L.P., filed a
Chapter 11 bankruptcy petition (Bankr. E.D. Pa. Case No. 14-12482)
on March 31, 2014.  Brian R. Ford signed the petition as
authorized signatory.  The Debtor estimated assets of at least $10
million and liabilities of at least $50 million.  DLA Piper LLP
(US) serves as the Debtor's counsel.  Judge Magdeline D. Coleman
oversees the case.


PHILADELPHIA ENTERTAINMENT: Hearing Today to Approve Plan Outline
-----------------------------------------------------------------
The Bankruptcy Court will convene a hearing today, July 23, 2014,
at 1:00 p.m., to consider the adequacy of the Disclosure Statement
and the pre-confirmation of the Amended Chapter 11 Plan filed by
Philadelphia Entertainment and Development Partners, L.P.

The Court previously continued until 11:00 a.m., a combined
hearing on the Disclosure Statement and Plan confirmation hearing.

As reported in the Troubled Company Reporter on July 2, 2014,
FDC Philadelphia, LLC, filed a limited objection to the approval
of the Debtor's Disclosure Statement and confirmation of the First
Modified Chapter 11 Plan of Liquidation.

Representing FDC Philadelphia, Jerrold S. Kulback, Esq. --
jkulback@archerlaw.com -- clarifies that the "FDC Funding Portion"
is contingent on FDC and its Related Persons obtaining a general
release under the Plan, including claims against Foxwoods
Development Company, LLC, in an action brought by Obermayer
Rebmann Maxwell & Hippell LLP.

The Plan defines the "FDC Funding Portion" to mean an amount equal
to $200,000 to be funded by or on behalf of FDC.

Foxwoods Development owns FDC and is thus a Related Person to FDC.

Mr. Kulback contends that the Disclosure Statement and Plan are
misleading, in suggesting that the FDC Funding Portion is somehow
due and owing, notwithstanding the fact that the condition
precedent to its funding has not occurred.

FDC is a limited partner of the Debtor, which owns 29.99% of the
Debtor.

                             The Plan

As reported in the TCR on April 11, 2014, the Debtor filed with
the Court a plan of liquidation, which revolves around the sale of
the Debtor's assets to repay claims.

The Plan is the result of negotiations by and among the Debtor,
RBS Citizens, National Association, the City of Philadelphia, and
various of the Debtor's other creditors.  RBS Citizens is a holder
of a secured claim.  RBS Citizens has agreed to allow holders of
general unsecured claims to receive a specified percentage
recovery on their claims before RBS Citizen will have any right to
receive a distribution on account of its unsecured deficiency
claim.

The General Partner and Limited Partners of the Debtor are making
a cash contribution to the Debtor in the aggregate amount of
$750,000 and RBS Citizens will contribute to the Debtor $150,000
from the proceeds of the sale of certain real property of the
Debtor, which amount is to be used by the Debtor or the
Liquidation Trustee, as applicable, to (i) fund the costs and
expenses of the Debtor for preparing for the Chapter 11 Case, (ii)
fund the costs and expenses of administering the Chapter 11 Case,
and (iii) pay in full all Allowed Administrative Expense Claims,
Allowed Compensation and Reimbursement Claims, and Allowed
Priority Claims.

A full-text copy of the Disclosure Statement explaining the Plan
is available at http://bankrupt.com/misc/PHILADELPHIAds0402.pdf

At the hearing, the Court will also consider the motion to assume
restructuring support agreement.

                 About Philadelphia Entertainment

Philadelphia Entertainment and Development Partners, L.P., filed a
Chapter 11 bankruptcy petition (Bankr. E.D. Pa. Case No. 14-12482)
on March 31, 2014.  Brian R. Ford signed the petition as
authorized signatory.  The Debtor estimated assets of at least $10
million and liabilities of at least $50 million.  DLA Piper LLP
(US) serves as the Debtor's counsel.  Judge Magdeline D. Coleman
oversees the case.


POLLO EL PROVOCON: Case Summary & 2 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: Pollo El Provocon, Inc.
        71 Tower Place
        Yonkers, NY 10703

Case No.: 14-23039

Chapter 11 Petition Date: July 21, 2014

Court: United States Bankruptcy Court
       Southern District of New York (White Plains)

Judge: Hon. Robert D. Drain

Debtor's Counsel: Cesar A. Fernandez, Esq.
                  LAW OFFICE OF CESAR A. FERNANDEZ
                  2298 First Avenue, Second Floor
                  New York, NY 10033
                  Tel: (212) 348-3334
                  Fax: (212) 348-3449
                  Email: cfernandezlaw@yahoo.com

Total Assets: $2,000

Total Liabilities: $174,407

The petition was signed by Jorge Peralta, president.

A list of the Debtor's two largest unsecured creditors is
available for free at http://bankrupt.com/misc/nysb14-23039.pdf


PRIME TIME: 1st Amended Plan Declared Effective
-----------------------------------------------
All conditions precedent to the effective date of the First
Amended Joint Plan of Liquidation filed by Last Mile Inc. and the
Official Committee of Unsecured Creditors have been satisfied or
waived, and (b) for all purposes, the effective date is June 5,
2014.

As reported by the Troubled Company Reporter on May 8, 2014,
U.S. Bankruptcy Judge Sean H. Lane confirmed the First Amended
Joint Plan of Liquidation filed by debtor Last Mile Inc. and the
Official Committee of Unsecured Creditors at a hearing on
March 27, 2014.  In accordance with the Plan, Alan D. Halperin is
appointed as the Estate Representative and the Plan will be
administered by the Estate Representative.  Creditor funds and the
proceeds recovered from prosecution and settlement of the
preference actions after the payment of certain related fees and
expenses will be transferred to the Estate Representative as of
the Effective Date for distribution to creditors in accordance
with the Plan.  Following the Effective Date, the Creditor Funds
and the Net Preference Proceeds will be administered by the Estate
Representative, who is an independent third party with no
connections to the Debtor or its pre-petition officers or
directors.  The Estate Representative will continue to prosecute
the Preference Actions on behalf of the estate.

Pursuant to the Plan and the confirmation order, July 20, 2014,
has been established as the last date and time for the filing of
requests for the allowance of professional fee claims against the
Debtor, including the claim of any professional retained in the
Chapter 11 case pursuant to sections 327 and 1103 of the
Bankruptcy Code or otherwise, for compensation or reimbursement of
costs and expenses relating to services incurred after the
Petition Date and prior to and including the Effective Date.

                           About Last Mile

Based in Lebanon, Pennsylvania, Last Mile Inc., aka Sting
Communications, is a telecommunications services company
delivering advanced Ethernet transport services.  It specializes
in designing, implementing and managing Wide Area Networks that
leverage the power of Internet Protocol to link the customers'
locations securely, efficiently and cost effectively to support
delivery of advanced applications, voice, data and video at
scalable broadband speeds.

Last Mile filed for Chapter 11 bankruptcy (Bankr. S.D.N.Y. Case
No. 11-14769) on Oct. 12, 2011.  Judge Sean H. Lane presides over
the case.  Thomas A. Pitta, Esq. at Emmet, Marvin & Martin, LLP
represents the Debtor in its restructuring effort. In its
schedules, the Debtor disclosed $11,757,058 in assets and
$23,300,655 in liabilities.

Tracy Hope Davis, the U.S. Trustee for Region 2, appointed three
unsecured creditors to serve on the Official Committee of
Unsecured Creditors of Last Mile Inc., aka Sting Communications.
Halperin Battaglia Raicht, LLP, serves as counsel for the
Committee.

                           *     *     *

This concludes the Troubled Company Reporter's coverage of Last
Mile Inc. until facts and circumstances, if any, emerge that
demonstrate financial or operational strain or difficulty at a
level sufficient to warrant renewed coverage.


PSL-NORTH AMERICA: Gets OK To Proceed with Auction of Assets
------------------------------------------------------------
Law360 reported that a Delaware bankruptcy judge gave the thumbs-
up to pipe manufacturer PSL North America LLC's $100 million
stalking horse sale plan after the major secured creditor that
objected agreed to postpone its fight until the actual transaction
is up before the court for consideration.

Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reported that sale procedures approved by the Delaware bankruptcy
court, bids to top Jindal's $100 million contract, including
assumed debt, are due Aug. 11 to be followed by an auction on
Aug. 13 and a hearing to approve sale on Aug. 15.

According to Law360, Standard Chartered Bank, Dubai International
Financial Centre -- which is owed under a $30 million pre-petition
term loan facility and claims to be PSL NA's senior creditor --
had balked at the structure of the bid procedures for Jindal
Tubular USA's $100 million stalking horse bid, contending that it
would satisfy another creditor first that the bank argues is a
junior lender.  PSL NA had agreed to several changes in the bid
procedures and asked the court to push the fight, which it says is
essentially about how proceeds are divided, down the road to a
hearing on the sale, not wanting to jeopardize or derail the
process, Law360 said.

                    About PSL-North America

Founded in 2006, PSL-North America LLC is a manufacturer and
coater of large diameter steel pipes.  The company has a state-of-
the-art facility located in Bay St. Louis, Mississippi, with the
land leased for 99 years.  The company is an American-based
partially owned subsidiary of India's largest producer and
manufacturer of steel piping, PSL Limited.

On June 16, 2014, PSL-North America LLC and PSL USA Inc., filed
voluntary petitions in Delaware (Lead Case No. 14-11477) seeking
relief under chapter 11 of the United States Bankruptcy Code.  The
Debtors' cases have been assigned to Judge Peter J. Walsh.

The Debtors seek to have their cases jointly administered
for procedural purposes.

PSL-North America estimated $50 million to $100 million in assets
and $100 million to $500 million in debt in the bankruptcy
petition.  As of the Petition Date, the company had total
outstanding debt obligations of $130 million, according to a court
filing.

Proposed counsel for the Debtor are John H. Knight, Esq., Paul N.
Heath, Esq., Tyler D. Semmelman, Esq., Amanda R. Steele, Esq. and
William A. Romanowicz, Esq. at Richards, Layton & Finger, P.A.
of Wilmington, Delaware.   Epiq Bankruptcy Solutions serves as
claims agent.


QUANTUM FOODS: Panel Hires Freeborn & Peters as Litigation Atty.
----------------------------------------------------------------
The Official Committee of Unsecured Creditors of Quantum Foods,
LLC and its debtor-affiliates seeks authorization from the U.S.
Bankruptcy Court for the District of Delaware to retain Freeborn &
Peters LLP as special litigation counsel to the Committee, nunc
pro tunc to Jun. 9, 2014.

The Committee requires Freeborn & Peters to:

   (a) investigate, file and prosecute the Avoidance Actions and
       Commercial Tort Claims;

   (b) represent the Committee at hearings, meetings and
       conferences on matters pertaining to the Avoidance Actions
       and Commercial Tort Claims; and

   (c) perform all other necessary legal services related to the
       Avoidance Actions and Commercial Tort Claims.

For Avoidance Actions, Freeborn & Peters will be compensated on a
pure contingency basis, with its fee equal to: (i) 22% of all
recoveries resulting from settlements of avoidance demands
obtained prior to the filing of an adversary complaint; and (ii)
25% of all recoveries resulting from any settlement reached, or
judgment entered by the Bankruptcy Court in the Committee's favor,
after the filing of an adversary complaint.  Bankruptcy Court-
approved avoidance action procedures will provide that Freeborn &
Peters will receive contingency compensation as funds are
available without Court approval, except that Freeborn & Peters
shall file a final fee application with the Court upon the
conclusion of this engagement.

For Commercial Tort Claims, upon a determination by Freeborn &
Peters and counsel to the Committee, after reasonable
investigation, that Commercial Tort Claims are meritorious and
collectible, Freeborn & Peters shall pursue such claims on a pure
contingency basis, with its fee equal to 33% of all recoveries.

Freeborn & Peters will also be reimbursed for reasonable out-of-
pocket expenses incurred.

Richard S. Lauter, Esq., partner in the Bankruptcy and Financial
Restructuring Practice Group of Freeborn & Peters, assured the
Court that the 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.

Freeborn & Peters can be reached at:

       Richard S. Lauter, Esq.
       FREEBORN & PETERS LLP
       311 South Wacker Drive, Suite 3000
       Chicago, IL 60606
       Tel: (312) 360-6641
       Fax: (312) 360-6520
       E-mail: rlauter@freeborn.com

                      About Quantum Foods

Founded in 1990 and headquartered in Bolingbrook, Illinois,
Quantum Foods, LLC -- http://www.quantumfoods.com-- provides
protein products made from beef, poultry and pork.

Quantum Foods and its affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 14-10318) on Feb. 18, 2014, to
facilitate the sale of substantially all their business to
CTI Foods Holding Co., LLC.

The Debtors' primary secured indebtedness totals $50.2 million,
owing to lenders led by Crystal Financial, LLC, as administrative
and collateral agent.

Quantum Foods is being advised in its restructuring by Daniel J.
McGuire, Esq., Gregory M. Gartland, Esq., and Caitlin S. Barr,
Esq., at Winston & Strawn as counsel; M. Blake Cleary, Esq.,
Kenneth J. Enos, Esq., and Andrew Magaziner, Esq., at Young,
Conaway, Stargatt & Taylor, LLP, serve as local counsel.
City Capital Advisors is the investment banker.  FTI Consulting,
Inc.  also serves as advisor. BMC Group is the claims and notice
agent.

The U.S. Trustee for Region 3 appointed five members to the
official committee of unsecured creditors in the case. The
Committee is seeking to retain Triton Capital Partners, Ltd. as
financial advisor; and Mark D. Collins, Esq., Russell C.
Silberglied, Esq., Michael J. Merchant, Esq., Christopher M.
Samis, Esq., and Robert C. Maddox, Esq., at Richards, Layton &
Finger, P.A. as counsel.

Raging Bull is represented in the case by Van C. Durrer II, Esq.,
at Skadden Arps Slate Meagher & Flom LLP.  Crystal Finance LLC is
represented by David S. Berman, Esq., at Riemer & Braunstein LLP.


REDONDO CONSTRUCTION: Court Rules on Home-Office Overhead Damages
-----------------------------------------------------------------
Redondo Construction Corp.'s claims for home-office overhead
damages are only allowed under the percentage-of-direct-costs
approach, Bankruptcy Judge Enrique S. Lamoutte ruled in a July 14,
2014 Opinion and Order available at http://is.gd/EVsrYIfrom
Leagle.com.

Redondo, as contractor, is involved in various adversary
proceedings with respect to different projects:

     -- Adv. Proc. No. 03-00192 corresponds to project Desvio
        Sur de Patillas;

     -- Adv. Proc. No. 03-00194 corresponds to PR 2 Mayaguez; and

     -- Adv. Proc. No. 03-00195 corresponds to Dorado-Toa Alta

Puerto Rico Highway and Transportation Authority filed a brief on
the home-office overhead damages, but only in regards to the PR 2
Mayaguez Project.

The Court directs the parties to file joint or separate motions
within 30 days providing evidence of how Redondo has already been
compensated for overhead damages, if at all, through the
percentage-of-direct-costs approach.  If Redondo has not been
compensated through the percentage-of-direct-costs approach, the
parties are ordered to provide calculation of those damages using
that approach making specific references to the evidence submitted
during the trial to that effect and attaching copies of the same.
Failure to do so as instructed will result in the court deeming
these damages paid and/or forfeited.

The cases are, REDONDO CONSTRUCTION CORPORATION Plaintiff v.
PUERTO RICO HIGHWAY AND TRANSPORTATION AUTHORITY Defendant, Adv.
Proc. No. 03-00192 (ESL)., 03-00194 (ESL), 03-00195 (ESL) (Bankr.
D.P.R.).

Redondo Construction Corporation has been in the construction
business for 30 years, and worked on many public and government
projects.  Redondo filed for chapter 11 protection (Bankr. D. P.R.
Case No. 02-02887) on March 19, 2002, and the Bankruptcy Court
confirmed the Debtor's chapter 11 plan on Oct. 6, 2005.


RIVER-BLUFF: Hires James Perkins as Special Counsel
---------------------------------------------------
River-Bluff Enterprises, Inc. asks for authorization from the Hon.
Frank L. Kurtz of the U.S. Bankruptcy Court for the Eastern
District of Washington to employ James A. Perkins as special
counsel.

U.S. Bank N.A. filed an objection to the application indicating
that it did not disclose the Debtor's post-petition payment of
$2,532.75 to Mr. Perkins' law firm.  U.S. Bank N.A. said that,
before the application may be granted, the Court should determine
whether Mr. Perkins has no interest adverse to the estate or is
disinterested, and what disclosures should be made regarding the
$2,532.75 payment the Debtor made to his firm.

Mr. Perkins can be reached at:

       James A. Perkins, Esq.
       LARSON BERG AND PERKINS PLLC
       105 N 3rd Street
       Yakima, WA 98901
       Tel: (509) 457-1515
       Fax: (509) 457-1027

U.S. Bank is represented by:

       John R. Knapp, Jr., Esq.
       MILLER NASH LLP
       4400 Two Union Square
       601 Union Street
       Seattle, WA 98101
       Tel: (206) 622-8484
       Fax: (206) 622-7485

                    About River-Bluff Enterprises

Ellensburg, Washington-based River-Bluff Enterprises, Inc., filed
a Chapter 11 bankruptcy petition (Bankr. E.D. Wash. Case No. 14-
00843) on March 11, 2014.  In its schedules, the Debtor disclosed
$10,231,777 in total assets and $17,609,653 in total liabilities.

This is River-Bluff's second bankruptcy filing in less than two
years.  The company previously sought bankruptcy protection
(Bankr. E.D. Cal. Case No. 12-92017) in Modesto, California, in
July 2012.  The case was dismissed in 2013.

Gary W. Dryer, Assistant U.S. Trustee for Region 18, informed the
U.S. Bankruptcy Court for the Eastern District of Washington that
due to the lack of entities eligible to serve on the unsecured
creditors' committee, the U.S. Trustee is not appointing an
unsecured creditors' committee in the Chapter 11 case of River-
Bluff Enterprises, Inc.


RIVER-BLUFF: Gets Final Ok to Use Cash Collateral
-------------------------------------------------
The U.S. Bankruptcy Court entered a final order to River-Bluff
Enterprises, Inc.'s motion to use cash collateral.

The Debtor is authorized to use cash that was turned over to the
Debtor from the Sterling Bank operating account of Revitalization
Partners, L.L.C., the Debtor's superseded receiver, pursuant to
11 U.S.C. Sec. 543(b)(1), and rents and other proceeds of the
Collateral generated from and after March 11, 2014 in the amounts
and for the line items set forth in the "Operating Cash
Projection" budget attached.  The Final Order also provides that
the "Debtor's professionals" line item in the budget shall be
$3,000.00 a month and paid to the Debtor's counsel to be held in
trust pending further Court order.  However, the Debtor's
authorization to employ and pay attorneys, appraisers, and other
professionals shall be subject to application under 11 U.S.C. Sec.
327, 328, 330, and 331 and U.S. Bank's right to notice and
hearing.  The Debtor is not authorized to use cash in the U.S.
Bank account in the amount of $124,092.62, unless otherwise
ordered by the Court on notice and hearing.

The Final Order also provides that the "US Bank" payment in each
month shall be made payable to "U.S. Bank N.A." and delivered to
Alan R. Milster, U.S. Bank N.A. - Special Assets Group, SL-MO-
T7CP, One U.S. Bank Plaza, St. Louis, MO 63101, Tel: (314) 418-
2468, so as to be actually received on or before the last business
day of such month.  However, the payment for March 2014 shall be
delivered no later than April 23, 2014, and the payment for April
2014 shall be delivered no later than May 6, 2014.

U.S. Bank is granted a lien on and security interest in all of the
property in which U.S. Bank holds a valid and enforceable
prepetition lien and security interest and acquired by the Debtor
on and after the Petition Date that is of the same type,
character, and description described in the Deed of Trust and UCC
Financing Statement to the Declaration of Alan R. Milster and
related loan documents.

The Debtor's use of cash shall continue until the earlier of (a)
August 31, 2014, (b) June 30, 2014, if the Debtor has not provided
sufficient financial reporting acceptable to U.S. Bank (including
updated Budget to actual variance, rent roll, and balance sheet)
relating to March, April, and May 2014 and filed the United States
trustee monthly operating report for March 2014, (c) July 9, 2014,
if the Debtor has not on or before that date filed a disclosure
statement and plan with a reasonable possibility of confirmation
within a reasonable time, (d) entry of a Court order terminating
the Debtor's authorization under the Final Order, (e) entry of an
order confirming a plan of reorganization, converting this case to
a case under Chapter 7, dismissing this case, or appointing a
Chapter 11 trustee, or (f) five Court days after written notice of
default under the Final Order.

In its sole and absolute discretion, U.S. Bank may consent to an
extension of time for the Debtor's authorization under the Final
Order, only as expressly set forth in a writing signed by U.S.
Bank's counsel.

If and to the extent the replacement lien proves insufficient to
secure diminution, or in connection with any final order on the
Cash Collateral Motion, U.S. Bank's rights are reserved to request
a superpriority claim under 11 U.S.C. Sec. 503(b) and 507(b) in
the amount of any such insufficiency that shall at all times be
senior to the rights of the Debtor in this case and shall have
priority over any and all unsecured and priority claims in this
case, whether incurred or arising before, on, or after the
Petition Date, the entry of the Final Order, or conversion of this
case, and whether incurred pursuant to 11 U.S.C. Sec. 726(b).

                  About River-Bluff Enterprises

Ellensburg, Washington-based River-Bluff Enterprises, Inc., filed
a Chapter 11 bankruptcy petition (Bankr. E.D. Wash. Case No. 14-
00843) on March 11, 2014.  In its schedules, the Debtor disclosed
$10,231,777 in total assets and $17,609,653 in total liabilities.

This is River-Bluff's second bankruptcy filing in less than two
years.  The company previously sought bankruptcy protection
(Bankr. E.D. Cal. Case No. 12-92017) in Modesto, California, in
July 2012.  The case was dismissed in 2013.

Gary W. Dryer, Assistant U.S. Trustee for Region 18, informed the
U.S. Bankruptcy Court for the Eastern District of Washington that
due to the lack of entities eligible to serve on the unsecured
creditors' committee, the U.S. Trustee is not appointing an
unsecured creditors' committee in the Chapter 11 case of River-
Bluff Enterprises, Inc.


RIVER-BLUFF: Receivership Termination Hearing Set for Aug. 11
-------------------------------------------------------------
The hearing on the termination of the receivership case involving
River-Bluff Enterprises, Inc. filed by David W Criswell on behalf
of Revitalization Partners, L.L.C., General Receiver for certain
assets of the Debtor, is set for Aug. 8, 2014 at 10:00 a.m. at
(509) 353-3192.  A Telephonic Conference will be held before Judge
Kurtz.

                  About River-Bluff Enterprises

Ellensburg, Washington-based River-Bluff Enterprises, Inc., filed
a Chapter 11 bankruptcy petition (Bankr. E.D. Wash. Case No. 14-
00843) on March 11, 2014.  In its schedules, the Debtor disclosed
$10,231,777 in total assets and $17,609,653 in total liabilities.

This is River-Bluff's second bankruptcy filing in less than two
years.  The company previously sought bankruptcy protection
(Bankr. E.D. Cal. Case No. 12-92017) in Modesto, California, in
July 2012.  The case was dismissed in 2013.

Gary W. Dryer, Assistant U.S. Trustee for Region 18, informed the
U.S. Bankruptcy Court for the Eastern District of Washington that
due to the lack of entities eligible to serve on the unsecured
creditors' committee, the U.S. Trustee is not appointing an
unsecured creditors' committee in the Chapter 11 case of River-
Bluff Enterprises, Inc.


ROTHSTEIN ROSENFELDT: Trustee, Feds Reach Deal To Repay Victims
---------------------------------------------------------------
Law360 reported that the federal government has struck a deal with
the trustee charged with liquidating Ponzi schemer Scott
Rothstein's law firm, reaching a deal that will hand over more
than $28 million in restitution in an "unprecedented" payout to
the scheme's victims.  Per the deal, the government will hand over
funds it seized in the course of its investigation into the $1.2
billion scheme to be distributed to Rothstein's victims, a move
that may save the belly-up law firm's other creditors money, as
well, trustee Michael I. Goldberg of Akerman LLP told Law360.

Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reported that the settlement earmarks $28 million for full payment
to victims of the Ponzi scheme.  The settlement provides that no
victim can recover more than his or her loss, even if some of the
recovery came from another source such as insurance, the Bloomberg
report said.

                    About Rothstein Rosenfeldt

Scott Rothstein, co-founder of law firm Rothstein Rosenfeldt Adler
PA -- http://www.rra-law.com/-- was suspected of running a
$1.2 billion Ponzi scheme.  U.S. authorities claimed in a civil
forfeiture lawsuit filed Nov. 9, 2009, that Mr. Rothstein, the
firm's former chief executive officer, sold investments in non-
existent legal settlements.  Mr. Rothstein pleaded guilty to five
counts of conspiracy and wire fraud on Jan. 27, 2010.

Creditors of Rothstein Rosenfeldt Adler signed a petition sending
the Florida law firm to bankruptcy (Bankr. S.D. Fla. Case No.
09-34791).  The petitioners include Bonnie Barnett, who says she
lost $500,000 in legal settlement investments; Aran Development,
Inc., which said it lost $345,000 in investments; and trade
creditor Universal Legal, identified as a recruitment firm, which
said it is owed $7,800.  The creditors alleged being owed money
invested in lawsuit settlements.

Herbert M. Stettin, the state-court appointed receiver for
Rothstein Rosenfeldt, was officially carried over as the
Chapter 11 trustee in the involuntary bankruptcy case.

On June 10, 2010, Mr. Rothstein was sentenced to 50 years in
prison.

The official committee of unsecured creditors appointed in the
case is represented by Michael Goldberg, Esq., at Akerman
Senterfitt.

RRA won approval of an amended liquidating Chapter 11 plan
pursuant to the Court's July 17, 2013 confirmation order.  The
revised plan, filed in May, is centered around a $72.4 million
settlement payment from TD Bank NA.


RYNARD PROPERTIES: July 30 Hearing on Bid to Extend Exclusivity
---------------------------------------------------------------
Rynard Properties Ridgecrest LP filed a motion with the U.S.
Bankruptcy Court seeking an extension of the exclusive periods to
file a Chapter 11 Plan and Disclosure Statement and, to obtain
acceptance of the Chapter 11 Plan.  The Debtor wants its
exclusivity periods extended by 60 days from entry of the Court's
order.

The Debtor's exclusivity period to file a Chapter 11 Plan was set
to expire July 11, absent an extension.

The Debtor said it is in negotiations with two separate lenders to
obtain the funds to refinance the apartment complex and remove
Fannie Mae as its secured lender on its collateral. The Debtor
believes they can close within 60 days and may not have
need for further reorganization or, with the refinancing, will
have the ability to file a viable Chapter 11 Plan.

Hearing on the motion is set for July 30, 2014 at 10:00 a.m. at
Room 645, Memphis, TN.

Deadline for for Objections is July 23, 2014.

                 About Rynard Properties Ridgecrest LP

Rynard Properties Ridgecrest LP is a Tennessee limited
partnership.  Its principal place of business is 2881 Rangeline
Road, Memphis, TN 38127, and the Debtor operates a 256 unit
multifamily apartment complex of Section 8 housing named
Ridgecrest Apartments and currently has TESCO operating the
complex as leasing agent.

The Debtor filed a Chapter 11 bankruptcy petition (Bankr. W.D.
Tenn. Case No. 14-22674) on March 13, 2014.  John Bartle signed
the petition as secretary/treasurer of Ridgecrest LLC, general
partner of the Debtor.  In its schedules, the Debtor disclosed
$16,231,959 in total assets and $8,734,000 in total liabilities.
Toni Campbell Parker serves as the Debtor's counsel.  Judge
Jennie D. Latta oversees the case.

The U.S. Trustee for Region 8 has notified the Bankruptcy Court
that it was unable to appoint an official committee of unsecured
creditors.


SAN BERNARDINO, CA: Says Talks with Firefighters Came to Naught
---------------------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that although San Bernardino, California settled with its
principal adversary, the city can't hope to end the almost
three-year old municipal bankruptcy absent success at trial in
September, given continuing opposition from the firefighters'
union.

According to the report, while the city cobbled together a
settlement with the California Public Employees' Retirement
System, which had been appealing San Bernardino's eligibility for
Chapter 9 municipal bankruptcy, the city said mediation on a
modified contract "did not go well."  Given the lack of progress
with the firefighters, the city asked the judge to schedule a
trial on the city's request for termination of the existing labor
contract, the report said.  The judge accommodated by setting up a
briefing schedule where both sides will file papers in August and
early September, in advance of another hearing on Sept. 11, the
report added.

                 About San Bernardino, Calif.

San Bernardino, California, filed an emergency petition for
municipal bankruptcy under Chapter 9 of the U.S. Bankruptcy Code
(Bankr. C.D. Cal. Case No. 12-28006) on Aug. 1, 2012.  San
Bernardino, a city of about 210,000 residents roughly 65 miles
(104 km) east of Los Angeles, estimated assets and debts of more
than $1 billion in the bare-bones bankruptcy petition.

The city council voted on July 10, 2012, to file for bankruptcy.
The move lets San Bernardino bypass state-required mediation with
creditors and proceed directly to U.S. Bankruptcy Court.

The city is represented that Paul R. Glassman, Esq., at Stradling
Yocca Carlson & Rauth.

San Bernardino joined two other California cities in bankruptcy:
Stockton, an agricultural center of 292,000 east of San Francisco,
and Mammoth Lakes, a mountain resort town of 8,200 south of
Yosemite National Park.

The City was granted Chapter 9 protection on Aug. 28, 2013.


SEARS METHODIST: Battles with HUD Over Cash Collateral Use
----------------------------------------------------------
Certain debtor affiliates of Sears Methodist Retirement System,
Inc., are battling against the U.S. Department of Housing and
Urban Development who oppose their proposed use of cash collateral
securing their prepetition indebtedness.

Debtors Odessa Methodist Housing, Inc., and Canyon Senior Living,
L.P. (the "HUD" Debtors), were given interim authority to use cash
collateral securing their prepetition indebtedness from the U.S.
Department of Housing and Urban Development and Prudential Huntoon
Paige Assciates, Ltd., only until July 14.  The HUD Debtors have
had a number of discussions with counsel to the Secured Parties
regarding the requested use; however, no agreement has been
reached.  The HUD Debtors filed another motion to ensure that
their senior living facilities continue to operate and so they can
continue providing services to their residents without
interruption during the period covered by the budget.

The HUD objected to the cash collateral use request, complaining
that the HUD Debtors failed to adequately protect the government
agency's secured and regulatory interests in Desert Haven and
Canyons by their use of project funds to prosecute their
bankruptcy.  The HUD also objected that the expenses in the budget
are not itemized in order to determine whether the fees are
reasonable and necessary operating expenses of the projects.

The Texas Health and Human Services Commission, through the Texas
Attorney General's Office, said it does not object to the entry of
a final cash collateral order for all Debtors but insisted that
there is a need to address HHSC's Medicaid recoupment rights and
the need for a carveout from the liens sought on a final basis for
maintenance of residents' medical records.  The HHSC also insisted
on the inclusion of a language providing funds for the Debtors'
obligations.

The Official Committee of Unsecured Creditors complained that it
has not had an opportunity to conduct any meaningful review of the
Debtors' finances and operations.  The Committee, however, said it
does not object to the Debtors' use of cash collateral but
complained of the $75,000 monthly carve-out for its professionals,
calling it insufficient as compared to an average of $1,012,500 a
month for the Debtors' professionals.  In response to the
Committee, the Debtors maintained that $75,000 per month cap
allows the Committee's professionals to effectively discharge
their duties and responsibilities during the bankruptcy cases.
The Debtors add that unsecured debt in senior living cases is
normally very low as compared to the amount of secured debt.
Moreover, the Committee is also likely to have a limited role with
respect to protecting the rights of the Debtors' residents.

Meanwhile, Debtors Sears Methodist Retirement System, Inc., Sears
Permian Retirement Corporation, Sears Methodist Centers, Inc.,
Sears Panhandle Retirement Corporation, Sears Methodist
Foundation, Sears Brazos Retirement Corporation, and Senior
Dimensions, Inc., and Wells Fargo Bank, National Association,
entered into a court-approved stipulation agreeing on these
Debtors' continued interim use of the DIP Loans and Cash
Collateral through a final hearing.  Debtor Sears Plains
Retirement Corporation also entered into a court-approved
stipulation with Prosperity Bank, N.A., for the Debtor's continued
interim use of cash collateral until a final hearing.

The Debtors are represented by Vincent P. Slusher, Esq., and
Andrew Zollinger, Esq., at DLA Piper LLP (US), in Dallas, Texas;
and Thomas R. Califano, Esq., Gabriella L. Zhorovsky, Esq., and
Jacob S. Frumkin, Esq., at DLA Piper LLP (US), in New York.

The HUD is represented by Donna K. Webb, Esq. --
donna.webb@usdoj.gov -- Assistant U.S. Attorney, in Fort Worth,
Texas.

The Committee is represented by Clifton R. Jessup, Jr., Esq. --
Jessup@gtlaw.com -- and Bryan L. Elwood, Esq. -- Elwood@gtlaw.com
-- at Greenberg Traurig, LLP, in Dallas, Texas.

HHSC is represented by J. Casey Roy, Esq. --
casey.roy@texasattorneygeneral.gov -- Assistant Attorney General,
Bankruptcy and Collections Division, in Austin, Texas.

                       About Sears Methodist

As a leading Texas senior living icon established on Christian
principles, Sears Methodist Retirement System Inc. provides
secure, rewarding, and luxurious residency to seniors.  The system
includes: (i) eight senior living communities located in Abilene,
Amarillo, Lubbock, Odessa and Tyler, Texas; (ii) three veterans
homes located in El Paso, McAllen and Big Spring, Texas, managed
by Senior Dimensions, Inc., pursuant to contracts between SDI and
the Veterans Land Board of Texas; and (iii) Texas Senior
Management, Inc. ("TSM"), Senior Living Assurance, Inc. ("SLA")
and Southwest Assurance Company, Ltd. ("SWAC"), which provide, as
applicable, management and insurance services to the System.
Sears Methodist Senior Housing, LLC, is the general partner of,
and controls .01% of the interests in, Canyons Senior Living, L.P.
("CSL").

Sears Methodist and its affiliates sought protection under Chapter
11 of the Bankruptcy Code (Bankr. N.D. Tex. Lead Case No. 14-
32821) on June 10, 2014.  The cases are assigned to Judge Stacey
G. Jernigan.

The Debtors' counsel is Vincent P. Slusher, Esq., and Andrew
Zollinger, Esq., at DLA Piper LLP (US), in Dallas, Texas; and
Thomas R. Califano, Esq., Gabriella L. Zborovsky, Esq., and Jacob
S. Frumkin, Esq., at DLA Piper LLP (US), in New York.  The
Debtors' financial advisor is Alvarez & Marsal Healthcare Industry
Group, LLC, while the Debtors' investment banker is Cain Brothers
& Company, LLC.  The Debtors' notice, claims and solicitation
agent is GCG Inc.

The Debtors have sought and obtained an order authorizing joint
administration of their Chapter 11 cases.

The U.S. Trustee has appointed five members to the Official
Committee of Unsecured Creditors.  The Committee is represented by
Clifton R. Jessup, Jr., Esq., and Bryan L. Elwood, Esq., at
Greenberg Traurig, LLP, in Dallas, Texas.


SHOTWELL LANDFILL: Double J to Have $108,800 Unsecured Claim
------------------------------------------------------------
Bankruptcy Judge Stephani W. Humrickhouse sustained, in part, and
overruled, in part, the objection of Shotwell Landfill, Inc., to
the claim of Double "J" Enterprises, Inc.  Double J filed its
second amended proof of claim on March 19, 2014, for $500,000 for
amounts it alleges it is owed by the debtor for conversion,
wrongful concealment, wrongful use, and wrongful sale of a truck
and dumpsters.  The debtor filed the objection on March 24, 2014,
generally denying the validity of the claim, asserting that it is
not in possession of the equipment and that it owes nothing to
Double J.  The claimant is a construction company from Lake Worth,
Florida.  It had a business relationship with the debtor for the
disposal of construction debris.

In a July 14, 2014 Order available at http://is.gd/NQJTQgfrom
Leagle.com, the court finds that the debtor's objection is denied
as to Double J's claim for conversion of its containers, but is
allowed in all other respects.  Therefore, Double J will have an
allowed unsecured claim in the amount of $108,800.

                 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.  Blake P. Barnard, Esq., William P. Janvier,
Esq., and Samantha Y. Moore, Esq., at the Janvier Law Firm, PLLC,
in Raleigh, N.C., represent the Debtor as counsel.  William W.
Pollock, Esq., at Ragsdale Liggett PLLC, in Raleigh, N.C.,
represents the Debtor as special counsel.

The Debtor, in its amended schedules, disclosed $23,235,236 in
assets and $10,049,020 in liabilities.

The Bankruptcy Administrator was unable to appoint an official
committee of unsecured creditors in the Debtor's case.


SJC INC: Files Chapter 11 to Liquidate in GOB Sales
---------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that Silver Jeans Company, a 5-store retailer of jeans
manufactured by Canadian-based Western Glove Works Ltd., filed a
petition for Chapter 11 protection in Delaware to liquidate in
going-out-of-business sales.

According to the report, citing the company, WGW, the company's
principal inventory supplier, won't continue to support the retail
operations given the high cost of operating the stores and low
sales volumes which aren't expected to improve materially.

The case is In re SJC Inc., 14-bk-11763, U.S. Bankruptcy Court,
District of Delaware (Wilmington).


SJC INC: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------
Debtor: SJC, Inc.
           fka Silver Jeans Company, Inc.
        150 E. Olive Avenue
        Suite 211, Burbank, CA 91502

Case No.: 14-11763

Chapter 11 Petition Date: July 21, 2014

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Judge: Hon. Mary F. Walrath

Debtor's Counsel: Joseph H. Huston, Jr., Esq.
                  STEVENS & LEE, P.C.
                  1105 North Market Street, 7th Floor
                  Wilmington, DE 19801
                  Tel: 302-425-3310
                  Fax: 610-371-7972
                  Email: jhh@stevenslee.com

                    - and -

                  BERNSTEIN, SHUR, SAWYER & NELSON, P.A.

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Scott Merrell, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/deb14-11763.pdf


SOURCE HOME: U.S. Trustee Names Time, Walgreen, Teamsters to Panel
------------------------------------------------------------------
Roberta A. DeAngelis, U.S. Trustee for Region 3, notified the U.S.
Bankruptcy Court for the District of Delaware that she has
appointed seven members in the Chapter 11 cases of Source Home
Entertainment, LLC, and debtor affiliates.

The Committee members are:

   (1) Time Inc. Retail
       f/k/a Time Warner Retail Sales & Marketing, Inc.
       Attn: Lon Jacobs, Esq.
       6 Upper Pond Rd.
       Parsippany, NY 07054
       Phone: 212-522-1180

   (2) BGI Creditors' Liquidating Trust
       Attn: Curtis R. Smith, Liquidating Trustee
       2723 South State St., Ste. 150
       Ann Arbor, MI 48104
       Phone: 734-794-4766
       Fax: 858-726-6070

   (3) Kable Distributors Services, Inc.
       Attn: Bruce Obendorf
       16 South Wesley Ave.
       Mount Morris, IL 61054
       Phone: 815-734-5232

   (4) Heinrich Bauer USA, LLC
       Attn: Rich Teehan
       270 Sylvan Ave.
       Englewood Cliffs, NJ 07004
       Phone: 201-569-6699
       Fax: 201-569-5303

   (5) Teamsters Health & Welfare & Pension Funds
          of Phila. & Vic.
       Attn: Adam Harrison Garner
       6981 N. Park Dr., Ste. 400
       Pennsauken, NJ 08109
       Phone: 856-382-2430
       Fax: 856-382-2401

   (6) United Wire, Metal & Machine Pension Fund
       Attn: Mark Torres
       24-09 38th Ave.
       Long Island City, NY 11101
       Phone: 212-691-7044
       Fax: 212-633-1905

   (7) Walgreen Co.
       Attn: Karen Fine
       104 Wilmot Rd., MS 1431
       Deerfield, IL 60015
       Phone: 847-315-3152
       Fax: 847-315-4826

Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reported that the Committee has selected Lowenstein Sandler LLP to
serve as legal counsel, along with Duane Morris LLP.

                 About Source Home Entertainment
                       and Source Interlink

Headquartered in Bonita Springs, Florida, Source Home
Entertainment, LLC, manufactures front-end retail checkout
displays and is a leading distributor of books, periodicals, and
other printed material.  Its distribution network spans over
32,500 retail locations in the U.S. and abroad.

In the twelve months ended April 30, 2014, Source Home generated
revenues totaling approximately $600 million on a consolidated
basis.  As of March 31, 2014, Source Home had assets (not
including goodwill or intangibles) of $205 million and liabilities
of approximately $290 million.

Source Home, Source Interlink Manufacturing, LLC, and other
affiliates sought Chapter 11 protection (Bankr. D. Del. Lead Case
No. 14-11553) on June 23, 2014, to sell their front-end retail
display fixtures business to lenders, absent higher and better
offers.  The Debtors are winding down their books distribution
business.

The Debtors have tapped Kirkland & Ellis LLP as general bankruptcy
and corporate counsel; Young Conaway Stargatt & Taylor, LLP, as
co-counsel, FTI Consulting, Inc., as crisis and turnaround
advisor; and Kurtzman Carson Consultants, LLC, as claims agent.


SQUARE GROUP: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: The Square Group, LLC
           aka The Square Supermarket
        8150 East Garvey Avenue
        Rosemead, CA 91770

Case No.: 14-23806

Chapter 11 Petition Date: July 21, 2014

Court: United States Bankruptcy Court
       Central District of California (Los Angeles)

Judge: Hon. Deborah J. Saltzman

Debtor's Counsel: Mark S Horoupian, Esq.
                  333 S Hope St 35th Fl
                  Los Angeles, CA 90071-1406
                  Tel: 213-626-2311
                  Email: mhoroupian@sulmeyerlaw.com

                     - and -

                  Alan G. Tippie, Esq.
                  SULMEYERKUPETZ
                  333 South Hope Street, 35th Floor
                  Los Angeles, CA 90071-1406
                  Tel: 213-626-2311
                  Fax: 213-629-4520

                    - and -

                  Steven Werth, Esq.
                  SULMEYERKUPETZ
                  333 S Hope St, 35th Flr
                  Los Angeles, CA 90071
                  Tel: 213-617-5210
                  Fax: 213-629-4520
                  Email: swerth@sulmeyerlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Mack Lee, managing member.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/cacb14-23806.pdf


T-L CONYERS: July 30 Hearing on Bank's Stay Relief Motion
---------------------------------------------------------
The Bankruptcy Court will convene a final hearing on July 30,
2014, at 1:00 p.m., to consider Cole Taylor Bank's motion for
relief from the automatic stay in relation to the Chapter 11 plan
proposed by T-L Cherokee South, LLC.

The hearing originally scheduled for July 2 was canceled.

The Court also ordered that by July 25, Cole Taylor will file a
legal memorandum in response to the memorandum filed by the Debtor
on July 15.

On March 4, 2014, the Court entered an order terminating the T-L
Cherokee's exclusive right to file a plan of reorganization,
thereby permitting Cole Taylor to file its plan and disclosure
statement.

As reported in the Troubled Company Reporter on June 20, 2014,
Cole Taylor Bank filed with the Bankruptcy Court a disclosure
statement in support of its proposed plan of liquidation dated
June 3, 2014, for T-L Cherokee South LLC.  In Cole Taylor's plan,
there are six classes of claims and interests.  Classes 2 and 3
are unimpaired and are presumed to have accepted the plan.
Classes 1, 4-6 are impaired and may vote on the plan.

Cole Taylor's plan provides for the liquidation of all of T-L
Cherokee's assets on a going concern basis.  As a result, the
payments proposed by Cole Taylor to creditors and interest holders
under the plan are not less than the amounts the creditors and
interest holders would receive or retain if T-L Cherokee were
liquidated under Chapter 7 of the Bankruptcy Code.

                        The Debtor's Plan

T-L Cherokee filed on May 13, 2014, a first amended joint
disclosure statement explaining its own Plan.  The plan documents
provide that its operational and profitability problems were
principally due to the general economic problems facing the nation
and the real estate industry over the last several years.

Cole Taylor financed T-L Cherokee's purchase of real property in
2004 through a loan for $5.7 million.  That loan is currently
evidenced by a third amended and restated promissory note dated
Dec. 31, 2010, payable to Cole Taylor in the principal amount of
15 million.

Richard M. Bendix, Jr., Esq., at Dykema Gossett PLLC, in Chicago,
Illinois, related that T-L Cherokee's obligations to Cole Taylor
under the note are secured by a mortgage on the real property, a
security interest in the real property's rents, a security
interest in and lien upon T-L Cherokee's personal property.

Under the terms of the last amendments of the loan, T-L Cherokee's
note matured on March 31, 2014.  As of filing for bankruptcy, Cole
Taylor asserts that T-L Cherokee owes it $14,484,781 under the
note. This amount continues to increase as additional interest and
fees accrue.

                        About T-L Cherokee

T-L Conyers LLC, T-L Cherokee South, LLC, and two affiliates
sought Chapter 11 protection in Hammond, Indiana, on Feb. 1, 2013.
The Debtors own various shopping centers in Georgia and Kansas.

The Debtors are represented by David K. Welch, Esq., at Crane,
Heyman, Simon, Welch & Clar, in Chicago.

T-L Cherokee South (Bankr. N.D. Ind. Case No. 13-20283) estimated
assets and debts of $10 million to $50 million.  T-L Cherokee owns
and operates a commercial shopping center in Overland Park, Kansas
known as "Cherokee South Shopping Center".

The Debtors are entities managed by Westchester, Illinois-based
Tri-Land Properties, Inc., which sought Chapter 11 protection
(Case No. 12-22623) on July 11, 2012.


TAMM OIL: RBSM LLP Raises Going Concern Doubt
---------------------------------------------
Tamm Oil and Gas Corp. filed with the U.S. Securities and Exchange
Commission on July 10, 2014, its annual report on Form 10-K for
the fiscal year ended March 31, 2014.

RBSM LLP expressed substantial doubt about the Company's ability
to continue as a going concern, citing that the Company has not
commenced its planned principal operations and has suffered
recurring losses since inception.

The Company reported a net loss of $57,800 for the fiscal year
ended March 31, 2014, compared with a net loss of $10.96 million
in 2013.

The Company's balance sheet at March 31, 2014, showed $2.53
million in total assets, $458,000 in total liabilities, and
stockholders' equity of $2.08 million.

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

                       http://is.gd/wi4Tpr

Tamm Oil and Gas Corp., a petroleum exploration company,
identifies, acquires, and develops oil sands prospects in Canada.
It leases 21 sections of oil sands leases in the Peace River
region of Northern Alberta. The company was formerly known as Hola
Communications, Inc. and changed its name to Tamm Oil and Gas
Corp. in November 2007. Tamm Oil and Gas Corp. was founded in 2005
and is based in Steinhausen, Switzerland.


TARGA RESOURCES: S&P Raises CCR to 'BB+' on Increased Cash Flow
---------------------------------------------------------------
Standard & Poor's Ratings Services raised its corporate credit
rating on Targa Resources Partners L.P. to 'BB+' from 'BB'. At the
same time, S&P raised its rating on the partnership's senior
unsecured notes to 'BB+' from 'BB' and maintained the '4' recovery
rating.  The outlook on the rating is stable.  As of March 31,
2014, Targa had total balance sheet debt of about $2.8 billion.

The rating action reflects S&P's view that Targa has been able to
successfully increase the scale of its operations, mainly through
organic growth projects, while meaningfully improving its fee-
based cash flow and managing financial leverage down to the 3.5x-
4x range.  In S&P's view, execution risk has declined as the
partnership has completed the majority of its larger construction
projects, including phase one of its liquid petroleum gas (LPG)
international export expansion project and the build-out of crude
oil gathering assets in the Bakken shale region.  Pro forma for
the completion of phase two of the LPG export project and the
North Texas Longhorn plant, S&P expects fee-based cash flows to
account for almost 65% of operating margin, up substantially from
30% in 2011.  S&P forecasts that financial leverage will be in the
3.5x to 4x area in 2014 as cash flow from the partnership's
organic growth projects ramps up.  Under S&P's base-case forecast,
it assumes 10% growth in field gathering and processing gas
volumes, slightly lower volumes in the coastal gathering and
processing segment, and about 20% EBITDA growth in the marketing
and distribution and logistics segments.  Based on these
assumptions, S&P believes Targa could achieve EBITDA of between
$825 million and $840 million, debt to EBITDA of 3.7x, EBITDA
interest of 5x, and distribution coverage of 1.1x by year-end
2014.

"We have revised Targa's business risk profile to "satisfactory"
from "fair", which reflects the partnership's growing scale and
geographic diversity, increasing fee-based cash flows, and growing
asset diversity.  Factors that partly offset these strengths
include some cash flows that are vulnerable to volatile commodity
prices and volume risk, a large capital spending program, and the
master limited partnership (MLP) structure, under which the
partnership distributes virtually all cash flow to unitholders,"
S&P said.

The stable outlook on the ratings reflects that the partnership
will successfully execute on its 2014 organic expansion projects
while maintaining adequate liquidity and debt to EBITDA in the
3.5x to 4x area.  S&P could lower the rating if lower commodity
prices or a decrease in volumes cause EBITDA to decline and
financial ratios to deteriorate, such that total debt to EBITDA is
more than 4.5x for an extended period of time.  Higher ratings are
possible if Targa increases its size and diversity, improves its
fee based cash flow, and keeps financial leverage in the 3.5x
area.


TAYLOR BEAN: BofA Strikes $10.3M Deal In Adversary Case
-------------------------------------------------------
Law360 reported that the liquidation plan trustee for defunct
Taylor Bean & Whitaker Mortgage Corp. asked a Florida bankruptcy
judge to sign off on a $10.3 million settlement resolving claims
that Bank of America breached a mortgage loan sale deal.

According to the report, Taylor Bean's liquidating trustee Neil F.
Luria asked for approval of a settlement resolving two adversary
proceedings against BofA and Merrill Lynch Pierce Fenner & Smith
Inc., as successor by merger to Banc of America Securities LLC, as
well as claims against the Taylor Bean estate by the bank.  Under
the terms of the deal, BofA would transfer to the liquidation plan
trust a pool of loans with an aggregate unpaid principal balance
of roughly $26.4 million, the report related.  The plan trust will
pay nearly $10.3 million to BofA, according to the settlement, the
report added.

The U.S. Bankruptcy Court in Jacksonville, Florida, will convene a
hearing on the settlement beginning Aug. 11, Bill Rochelle, the
bankruptcy columnist for Bloomberg News, reported.

                        About Taylor Bean

Taylor, Bean & Whitaker Mortgage Corp. grew from a small Ocala-
based mortgage broker to become one of the largest mortgage
bankers in the United States.  In 2009, Taylor Bean was the
country's third largest direct-endorsement lender of FHA-insured
loans of the largest wholesale mortgage lenders and issuer of
mortgage backed securities.  It also managed a combined mortgage
servicing portfolio of approximately $80 billion.  The company
employed more that 2,000 people in offices located throughout the
United States.

Taylor Bean sought Chapter 11 protection (Bankr. M.D. Fla. Case
No. 09-07047) on Aug. 24, 2009.  Taylor Bean filed the Chapter 11
petition three weeks after federal investigators searched its
offices.  The day following the search, the Federal Housing
Administration, Ginnie Mae and Freddie Mac prohibited the company
from issuing new mortgages and terminated servicing rights.
Taylor Bean estimated more than $1 billion in both assets and
liabilities in its bankruptcy petition.

Lee Farkas, the former chairman, was sentenced in June to 30 years
in federal prison after being convicted on 14 counts of conspiracy
and bank, wire and securities fraud in what prosecutors said was a
$3 billion scheme involving fake mortgage assets.

Jeffrey W. Kelly, Esq., and J. David Dantzler, Jr., Esq., at
Troutman Sanders LLP, in Atlanta, Ga., and Russel M. Blain, Esq.,
and Edward J. Peterson, III, Esq., at Stichter, Riedel, Blain &
Prosser, PA, in Tampa, Fla., represent the Debtors.  Paul Steven
Singerman, Esq., and Arthur J. Spector, Esq., at Berger Singerman
PA, in Miami, Fla., represent the Committee.  BMC Group, Inc.,
serves as the claims and noticing agent.

Unsecured creditors were expected to receive 3.3% to 4.4% under a
Chapter 11 plan approved in July 2011.


TIMOTHY P. SMITH: Court Dismisses Chapter 11 Case
-------------------------------------------------
Bankruptcy Judge Alan C. Stout in Louisville, Kentucky, dismissed
the joint Chapter 11 case of Timothy P. Smith and Connie Smith,
saying that there is "more than ample cause to convert or dismiss
this bankruptcy case.  It is readily apparent to this Court that
these debtors cannot reorganize or propose a confirmable plan of
reorganization."

Madison Capital company, LLC, the Debtors' lender, filed a "Motion
to Modify the Automatic Stay to Enforce Liens on Stock in Certain
Debtor-Owned Companies."  The Bankruptcy Court made a "Sua Sponte
Motion [] for the Debtors to Show Cause why th[e] Chapter 11
Bankruptcy Case Should not be Dismissed, Converted to Chapter 7,
or a Trustee Appointed."

A copy of the Court's July 16, 2014 Memorandum Opinion is
available at http://is.gd/gfTTg1from Leagle.com.

The Smiths filed a voluntary Chapter 11 petition (Bankr. W.D. Ky.
Case No. 09-31465) on March 25, 2009.  Mr. Smith formerly worked
in the coal business, and owned and operated numerous mining
entities including American Mining West, LLC; American Mining &
Manufacturing Corporation; American Engineering & construction
Corporation; and United States Coal Corporation.


TOWER GROUP: Net Loss at $51.9-Mil. in March 31 Quarter
-------------------------------------------------------
Tower Group International, Ltd., had a net loss of $51.9 million
on $163.21 million of total revenues for the three months ended
March 31, 2014, compared with net income of $1.64 million on
$467.77 million of total revenues for the same period in 2013,
according to its Form 10-Q, as amended.

The Company's balance sheet at March 31, 2014, showed $3.72
billion in total assets, $3.68 billion in total liabilities and
stockholders' equity of $34.04 million.

There can be no guarantee that the Company will be able to remedy
current statutory capital deficiencies in certain of its insurance
subsidiaries, maintain adequate levels of statutory capital in the
future, or generate sufficient liquidity to repay the Notes due in
2014.  Consequently, there is substantial doubt about the
Company's ability to continue as a going concern, according to the
regulatory filing.

A copy of the Form 10-Q/A filed with the U.S. Securities and
Exchange Commission is available at:

                       http://is.gd/2REgr6

Tower Group International, Ltd., operates as a holding company
with the interest in insurance services.  The company operates
through its insurance subsidiaries, which are focused on providing
commercial, personal and specialty insurance and reinsurance
products.  It provides personal insurance products to individuals
and commercial insurance products to small to medium-sized
businesses through a dedicated team of retail and wholesale
agents.  The company also offers specialty products on an admitted
and non-admitted basis, as well as through a network of program
underwriting agents. It involves in underwriting, claims and
reinsurance brokerage services to other insurance companies.  The
company was founded on Sept. 6, 2007, and is headquartered in
Hamilton, Bermuda.


TRAVELPORT HOLDINGS: Announced Early Results of Exchange Offers
---------------------------------------------------------------
Travelport Worldwide Limited announced the early results of the
offers of its common shares, with par value $0.0002 per share, in
exchange for the following debt securities issued by its
subsidiaries, Travelport LLC and Travelport Holdings, Inc.:

   (i) outstanding Senior Floating Rate Notes Due 2016;

  (ii) outstanding 13.875% Senior Fixed Rate Notes Due 2016;

(iii) outstanding 11.875% Senior Subordinated Fixed Rate Notes
       Due 2016;

  (iv) outstanding 11.875% Dollar Senior Subordinated Fixed Rate
       Notes Due 2016; and

   (v) outstanding 10.875% Senior Subordinated Euro Fixed Rate
       Notes Due 2016.

In addition, Travelport has amended the Exchange Offers to
increase the previously announced $50 million maximum aggregate
principal amount of the Notes that Travelport will accept for
exchange to $178 million maximum aggregate principal amount of the
Notes.  All other terms of the Exchange Offers as previously
announced, remain unchanged.

The Exchange Offers are being made upon and are subject to the
terms and conditions set forth in the offering memorandum, dated
June 27, 2014, as supplemented by the offering memorandum
supplement, dated July 1, 2014.  As of 5:00 p.m., New York City
time, on July 11, 2014:

   (i) approximately $64.5 million in aggregate principal amount
       of the Senior Floating Rate Notes;

  (ii) approximately $36.7 million in aggregate principal amount
       of the Senior Fixed Rate Notes;

(iii) approximately $41.2 million in aggregate principal amount
       of the Senior Subordinated Notes and Dollar Senior
       Subordinated Notes; and

  (iv) approximately EUR11.3 million or approximately $15.4
       million in aggregate principal amount of the Euro Senior
       Subordinated Notes, in aggregate approximately $157.8
       million Notes, were validly tendered and not validly
       withdrawn in exchange for approximately 98.2 million Common
       Shares.

Acceptance by Travelport of any Notes tendered will be subject to
the terms and conditions set forth in the Offering Memorandum.
Travelport intends to accept for exchange $178 million aggregate
principal amount of Notes tendered on a pro rata basis as provided
for in the Offering Memorandum.

In addition, Travelport announced it has entered into an agreement
to issue certain term loan lenders approximately 58.0 million
Common Shares, at a value of $1.64 per Common Share, in exchange
for the purchase of approximately $90.9 million of first and
second lien term loans under Travelport LLC's Sixth Amended and
Restated Credit Agreement and Second Lien Credit Agreement.  The
Exchanged Shares to be issued will not be registered under the
Securities Act or any state securities laws.  Therefore, the
Exchanged Shares may not be offered or sold in the United States
absent registration or an applicable exemption from the
registration requirements of the Securities Act and any applicable
state securities laws.

Based on the results of the Exchange Offers at the Early Tender
Time and the Term Loan Exchange, Travelport is exchanging
approximately $248.6 million of total debt for equity.  An
aggregate of approximately 156 million Common Shares will be
issued in the Exchange Offers and the Term Loan Exchange, which
brings our fully diluted shares outstanding to approximately 1.2
billion.  Following the Exchange Offer Expiration Time (as defined
below), Travelport currently does not expect to engage in any
further debt for equity exchanges in the foreseeable future.
As previously announced, holders who validly tender Notes after
the Early Tender Time, but before the Exchange Offer Expiration
Time will not be eligible to receive the Early Tender Premium, and
instead will be entitled to receive the Exchange Consideration.

The Exchange Offers will expire at 11:59 P.M., New York City time,
on July 25, 2014, unless extended or earlier terminated by
Travelport.

                    About Travelport Holdings

Headquartered in Atlanta, Georgia, Travelport provides transaction
processing services to the travel industry through its global
distribution system business, which includes the group's airline
information technology solutions business.  During FYE2011, the
group reported revenues and adjusted EBITDA of US$2 billion and
US$507 million, respectively.

Travelport Limited incurred a net loss attributable to the Company
of $192 million in 2013, as compared with a net loss attributable
to the Company of $236 million in 2012.  As of March 31, 2014, the
Company had $3.18 billion in total assets, $4.39 billion in total
liabilities and a $1.20 billion total deficit.

                           *     *     *

As reported by the TCR on March 7, 2014, Standard and Poor's
Rating Services said that it lowered to 'SD' (selective default)
from 'CCC+' its long-term corporate credit ratings on U.S.-based
travel services provider Travelport Holdings Ltd. and its indirect
primary operating subsidiary Travelport LLC (together,
Travelport).  The downgrades follow the completion of Travelport's
debt-to-equity swap of its senior subordinated notes due 2016.


TX OK AIR: Wins Confirmation of Chapter 11 Plan
-----------------------------------------------
TX OK Air, L.L.C., won confirmation of its First Amended Plan of
Reorganization Dated May 31, 2014, as Modified June 11, 2014.
Bankruptcy Judge Barbara J. Houser on July 18 issued her FINDINGS
OF FACT, CONCLUSIONS OF LAW, AND ORDER (I) APPROVING THE DEBTOR'S
(A) SECOND AMENDED DISCLOSURE STATEMENT DATED JUNE 3, 2014 (B)
SOLICITATION OF VOTES AND VOTING PROCEDURES, AND (C) FORMS OF
BALLOTS, AND (II) CONFIRMING THE FIRST AMENDED PLAN OF
REORGANIZATION DATED MAY 31, 2014, AS MODIFIED JUNE 11, 2014, a
copy of which is available at http://is.gd/F7lRPzfrom Leagle.com.

TX OK Air, L.L.C, based in Irving, Texas, filed for Chapter 11
bankruptcy (Bankr. N.D. Tex. Case No. 13-34893) on Sept. 25, 2013,
in Dallas.  Judge Barbara J. Houser presides over the case.
Frances Anne Smith, Esq., at Shackelford Melton & McKinley, serves
as the Debtor's counsel.  The Debtor estimated $1 million to
$10 million in both assets and liabilities.


U.S. COAL: Files Schedules of Assets and Liabilities
----------------------------------------------------
U.S. Coal Corporation filed on July 11, 2014, with the U.S.
Bankruptcy Court for the Eastern District of Kentucky its
schedules of assets and liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                        $0
  B. Personal Property           $56,702,402
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $43,226,601
  E. Creditors Holding
     Unsecured Priority
     Claims                                          $31,808
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                       $6,712,152
                                 -----------      -----------
        Total                    $56,702,402      $49,970,561

A copy of the schedules is available for free at:

            http://bankrupt.com/misc/USCOAL_73_SALs.pdf

                          About U.S. Coal

Kolmar Americas, Inc., filed an involuntary Chapter 11 bankruptcy
petition for U.S. Coal Corporation (Bankr. E.D. Ky. Case No.
14-51461) in Lexington, Kentucky on June 10, 2014.

Bridgeport, Connecticut-based Kolmar says it is owed by Lexington-
based U.S. Coal roughly $1.36 million on account of a business
debt.

Kolmar sought and obtained dismissal of a duplicate involuntary
petition (Case No. 14-51460) on grounds that it was a duplicate
case.

Kolmar is represented by Daniel I. Waxman, Esq., at Wyatt, Tarrant
& Combs, LLP, in Lexington, Kentucky.

Chief Judge Tracey N. Wise presides over the case.

On June 27, 2014, the Court entered an order directing the joint
administration of the Chapter 11 cases of Licking River Mining,
LLC (Case No. 14-10201), Licking River Resources, Inc. (Case No.
14-10203), S. M. & J., Inc. (Case No. 14-10220), Fox Knob Coal
Co., Inc. (Case No. 14-60619), J.A.D. Coal Company, Inc. (Case
No. 14-60676), and U.S. Coal Corporation (Case No. 14-51461).
Licking River Mining, LLC, Case No. 14-10201, is the lead case.

On June 27, 2014, the Court appointed John Collins as the
individual designated to perform the duties of U.S. Coal
Corporation as a debtor in bankruptcy.


U.S. COAL: Okayed to Employ Glassratner as Financial Advisor
------------------------------------------------------------
The Hon. Tracey N. Wise of the U.S. Bankruptcy Court for the
Eastern District of Kentucky entered a final order authorizing the
employment of Glassratner Advisory & Capital Group as financial
advisor for U.S. Coal Corporation and its debtor-affiliates.

As reported by the Troubled Company Reporter on July 15, 2014, the
Debtors sought permission from the Court to employ GlassRatner
Advisory as financial advisor to, among other things, assist the
Debtors with the preparation and submission of financial
information to the U.S. Trustee and assist in the preparation of
business plans to be utilized as the basis for a plan of
reorganization.

On June 26, 2014, the Official Committee of Unsecured Creditors
entered a limited objection to the Debtors' motion for Glassratner
Advisory's employment.  On June 27, 2014, the Court entered an
interim order authorizing the employment.  A final hearing was set
for July 11, 2014, at 9:30 a.m. (ET).

                          About U.S. Coal

Kolmar Americas, Inc., filed an involuntary Chapter 11 bankruptcy
petition for U.S. Coal Corporation (Bankr. E.D. Ky. Case No.
14-51461) in Lexington, Kentucky on June 10, 2014.  In its
schedules, U.S. Coal disclosed $56,702,402 in total assets and
$49,970,561 in total liabilities.

Bridgeport, Connecticut-based Kolmar says it is owed by Lexington-
based U.S. Coal roughly $1.36 million on account of a business
debt.

Kolmar sought and obtained dismissal of a duplicate involuntary
petition (Case No. 14-51460) on grounds that it was a duplicate
case.

Kolmar is represented by Daniel I. Waxman, Esq., at Wyatt, Tarrant
& Combs, LLP, in Lexington, Kentucky.

Chief Judge Tracey N. Wise presides over the case.

On June 27, 2014, the Court entered an order directing the joint
administration of the Chapter 11 cases of Licking River Mining,
LLC (Case No. 14-10201), Licking River Resources, Inc. (Case No.
14-10203), S. M. & J., Inc. (Case No. 14-10220), Fox Knob Coal
Co., Inc. (Case No. 14-60619), J.A.D. Coal Company, Inc. (Case
No. 14-60676), and U.S. Coal Corporation (Case No. 14-51461).
Licking River Mining, LLC, Case No. 14-10201, is the lead case.

On June 27, 2014, the Court appointed John Collins as the
individual designated to perform the duties of U.S. Coal
Corporation as a debtor in bankruptcy.


UNIVERSAL COOPERATIVES: Files Schedules of Assets and Liabilities
-----------------------------------------------------------------
Delaware Bankruptcy Judge Mary F. Walrath granted Universal
Cooperatives Inc.'s request for an extension to file its Schedules
of Assets and Liabilities, and Statement of Financial Affairs.
The extension was through July 3, 2013.  Should the Official
Committee of Unsecured Creditors consent, the extension would be
through July 8.

On July 2, Universal Cooperatives delivered its Schedules and
Statement with the Bankruptcy Court, disclosing:

    NAME OF SCHEDULE             TOTAL ASSETS  TOTAL LIABILITIES
    ----------------             ------------  -----------------
A - Real Property                          $0
B - Personal Property             $12,090,939
C - Property Claimed as Exempt             $0
D - Creditors Holding
    Secured Claims                                   $11,752,783
E - Creditors Holding Unsecured
    Priority Claims                                     $379,416
F - Creditors Holding Unsecured
    Nonpriority Claims                               $17,188,022
                                 ------------  -----------------
    Total                         $12,090,939        $29,320,221

Dennis Gyolai signed each of the Schedules and Statements.  Mr.
Gyolai serves as Vice President of Finance of Universal and as
Treasurer of each Debtor. In reviewing and signing the Schedules
and Statements, Mr. Gyolai relied upon the efforts, statements and
representations of various personnel employed by the Debtors and
the Debtors' professionals.  He has not (and could not reasonably
have) personally verified the accuracy of each statement and
representation contained in the Schedules and Statements,
including statements and representations concerning amounts
owed to creditors.

The Debtors also disclosed that prior to filing for bankruptcy,
they considered various restructuring alternatives.  These
restructuring alternatives included discussions with third
parties, including potential lenders and investors, who, subject
to confidentiality agreements, may have been granted access to
certain information as requested from the Debtors' books and
records.  The Debtors also may have provided consolidated
financial information to banks, customers, suppliers, rating
agencies and other various interested parties, both in the
ordinary course of business and in consideration of the
restructuring alternatives.


WESTMORELAND COAL: Offering 1.4MM Common Shares at $35.5 Apiece
---------------------------------------------------------------
Westmoreland Coal Company priced its previously-announced
underwritten public offering of 1,464,789 shares of common stock
at $35.50 per share.  The offering was expected to close on
July 16, 2014, subject to customary closing conditions.  The
Company also granted the underwriters a 30-day option to purchase
up to 219,718 additional shares of common stock.

The Company intends to use the net proceeds from this offering,
including the net proceeds from any exercise of the underwriters'
option to purchase additional shares, for general corporate
purposes and to increase its overall financial flexibility in
order to pursue its organic and acquisition growth strategy.

BMO Capital Markets and Deutsche Bank Securities acted as joint
book-running managers and Brean Capital and Imperial Capital acted
as co-managers for the offering.  When available, a copy of the
prospectus supplement and accompanying base prospectus relating to
this offering may be obtained by contacting:

BMO Capital Markets, Attention: Prospectus Department., 3 Times
Square, New York, NY 10036, by calling (800)-414-3627 or by email
at bmoprospectus@bmo.com; or

Deutsche Bank Securities, Attention: Prospectus Group, 60 Wall
Street, New York, NY 10005, by calling (800)-503-4611 or by email
at prospectus.cpdg@db.com.

The shares of common stock are being offered and will be sold
pursuant to an effective shelf registration statement that was
previously filed with the Securities and Exchange Commission.

                       About Westmoreland Coal

Colorado Springs, Colo.-based Westmoreland Coal Company (NYSE
AMEX: WLB) -- http://www.westmoreland.com/-- is the oldest
independent coal company in the United States.  The Company's coal
operations include coal mining in the Powder River Basin in
Montana and lignite mining operations in Montana, North Dakota and
Texas.  Its power operations include ownership of the two-unit
ROVA coal-fired power plant in North Carolina.

Westmoreland Coal incurred a net loss applicable to common
shareholders of $6.05 million in 2013, a net loss
applicable to common shareholders of $8.58 million in 2012 and a
net loss applicable to common shareholders of $34.46 million in
2011.  As of Dec. 31, 2013, the Company had $946.68 million in
total assets, $1.13 billion in total liabilities and a $187.87
million total deficit.

                           *     *     *

As reported by the TCR on Nov. 6, 2012, Standard & Poor's
Ratings Services raised its corporate credit rating on Englewood,
Co.-based Westmoreland Coal Co. (WLB). to 'B-' from 'CCC+'.

"The upgrade reflects our view that WLB is less vulnerable to
default after successfully negotiating less restrictive covenant
requirements for an unrated $110 million term loan due 2018," said
credit analyst Gayle Bowerman.  "Our assessment of WLB's business
risk profile as 'vulnerable' and financial risk profile as 'highly
leveraged' are unchanged.  We also revised our liquidity score to
'adequate' based on the covenant relief and additional liquidity
provided under the company's new $20 million asset-based loan
(ABL) facility from 'less than adequate'."

Westmoreland Coal carries a Caa1 corporate family rating from
Moody's Investors Service.


WESTMORELAND COAL: Lonestar Partners Holds 5.4% Equity Stake
------------------------------------------------------------
In a Schedule 13G filed with the U.S. Securities and Exchange
Commission, Lonestar Partners, L.P., and its affiliates disclosed
that as of July 11, 2014, they beneficially owned 900,000 shares
of common stock of Westmoreland Coal Company representing 5.4
percent of the shares outstanding.  A full-text copy of the
regulatory filing is available at http://is.gd/AJV9yX

                       About Westmoreland Coal

Colorado Springs, Colo.-based Westmoreland Coal Company (NYSE
AMEX: WLB) -- http://www.westmoreland.com/-- is the oldest
independent coal company in the United States.  The Company's coal
operations include coal mining in the Powder River Basin in
Montana and lignite mining operations in Montana, North Dakota and
Texas.  Its power operations include ownership of the two-unit
ROVA coal-fired power plant in North Carolina.

Westmoreland Coal incurred a net loss applicable to common
shareholders of $6.05 million in 2013, a net loss
applicable to common shareholders of $8.58 million in 2012 and a
net loss applicable to common shareholders of $34.46 million in
2011.  As of Dec. 31, 2013, the Company had $946.68 million in
total assets, $1.13 billion in total liabilities and a $187.87
million total deficit.

                           *     *     *

As reported by the TCR on Nov. 6, 2012, Standard & Poor's
Ratings Services raised its corporate credit rating on Englewood,
Co.-based Westmoreland Coal Co. (WLB). to 'B-' from 'CCC+'.

"The upgrade reflects our view that WLB is less vulnerable to
default after successfully negotiating less restrictive covenant
requirements for an unrated $110 million term loan due 2018," said
credit analyst Gayle Bowerman.  "Our assessment of WLB's business
risk profile as 'vulnerable' and financial risk profile as 'highly
leveraged' are unchanged.  We also revised our liquidity score to
'adequate' based on the covenant relief and additional liquidity
provided under the company's new $20 million asset-based loan
(ABL) facility from 'less than adequate'."

Westmoreland Coal carries a Caa1 corporate family rating from
Moody's Investors Service.


VIGGLE INC: Revenue Up Approximately 60% in 4Q 2014
---------------------------------------------------
Viggle Inc. released preliminary revenue and user growth figures
for its F4Q 2014 and full Fiscal 2014, ended June 30, 2014.
The 10-K will be filed with the U.S. Securities and Exchange
Commission on or before the Sept. 28, 2014, deadline.

According to the preliminary figures, Viggle generated
approximately $5.2 million to $5.4 million in revenue in F4Q 2014,
an increase of approximately 60 percent over F3Q 2014 revenue of
$3.306 million.  Viggle generated approximately $17.9 million to
$18.1 million in revenue in Fiscal 2014, an increase of
approximately 29 percent from $13.907 million in 2013.

Net registered users as of the end of F4Q 2014 totaled 5.353
million, an increase of 75 percent over 3.0623 million at the end
of F4Q 2013, and a 29 percent increase over 4.141 million at the
end of F3Q 2014.

Average monthly active users were approximately 653,400 in F4Q
2014, an increase of 61 percent over F3Q 2014's average, which was
approximately 405,600.

"We've seen steady growth across the Viggle platform in the last 3
months and over the last 12 months," said Greg Consiglio,
president and COO of Viggle Inc.  "The growth is indicative of the
strategy we have laid out as we expand beyond a single app to a
platform of brands and services for entertainment fans and
marketers who need to reach them.  We are starting to achieve
synergies among the various properties we've acquired in the last
six months, which help drive the usage numbers."

Viggle Inc.'s properties include the Viggle app, which offers
rewards for watching TV, engaging with advertisements or listening
to music; NextGuide, a personalized TV programming guide and
distributed reminder platform; Wetpaint, an entertainment news and
social publishing platform; and Choose Digital, a digital
marketplace platform.  In June 2014, Viggle Inc. achieved a total
reach of 18.4 million.  Total reach is the total amount of
registered users for the Viggle app and monthly unique users of
the Wetpaint media properties.

                           About Viggle

New York City-based Viggle Inc. is a loyalty marketing company.
The Company has developed a loyalty program for television that
gives people real rewards for checking into the television shows
they are watching on most mobile operating system.  Viggle users
can redeem their points in the app's rewards catalog for items
such as movie tickets, music, or gift cards.

Viggle incurred a net loss of $91.40 million on $13.90 million of
revenues for the year ended June 30, 2013, as compared with a net
loss of $96.51 million on $1.73 million of revenues during the
prior year.  The Company's balance sheet at March 31, 2014, showed
$68.09 million in total assets, $62.79 million in total
liabilities, $37.54 million in series A convertible redeemable
preferred stock, and a $32.23 million total stockholders' deficit.

BDO USA, LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended
June 30, 2013.  The independent auditors noted that the Company
has suffered recurring losses from operations and at June 30,
2013, has deficiencies in working capital and equity that raise
substantial doubt about its ability to continue as a going
concern.


WPCS INTERNATIONAL: Stockholders OK Sale of Pride Group
-------------------------------------------------------
WPCS International Incorporated reconvened a special meeting of
stockholders at which the Company's stockholders approved three
proposals and rejected one proposal as it did not obtain the
affirmative votes of the holders of a majority of shares issued
and outstanding.

The Company's stockholders authorized the sale by the Company of
all the issued and outstanding capital stock of The Pride Group
(QLD) Pty Ltd, pursuant to the Securities Purchase Agreement by
and between WPCS Australia Pty Ltd and Turquino Equity LLC, dated
Sept. 19, 2013.  The Company's stockholders rejected an amendment
to the Certificate of Incorporation of the Company to increase the
Company's authorized shares of common stock from 14,285,714 to
75,000,000 and approved the potential issuance of more than 20% of
the Company's issued and outstanding common stock at a price that
is less than the greater of book or market value in accordance
with a securities purchase agreement between the Company and the
buyers named therein, dated Dec. 17, 2013.  The Company's
stockholders also approved the Company's 2014 Equity Incentive
Plan.

               About WPCS International Incorporated

WPCS -- http://www.wpcs.com-- operates in two business segments
including: (1) providing communications infrastructure contracting
services to the public services, healthcare, energy and corporate
enterprise markets worldwide; and (2) developing a Bitcoin trading
platform.

As reported by the TCR on Feb. 7, 2014, WPCS appointed Marcum LLP
as its new independent registered public accounting firm.
CohnReznick LLP resigned on Dec. 20, 2013.

The Company's former auditors, CohnReznick LLP, in Roseland, New
Jersey, expressed substantial doubt about WPCS International's
ability to continue as a going concern following the annual report
for the year ended April 30, 2013.  The independent auditors noted
that the Company has incurred net losses and negative cash flows
from operating activities, had a working capital deficiency as of
and for the years ended April 30, 2013, and 2012, and has an
accumulated deficit as of April 30, 2013.

The Company reported a net loss of $6.8 million on $42.3 million
of revenue in fiscal 2013, compared with a net loss of
$20.6 million on $65.5 million in fiscal 2012.  As of Jan. 31,
2014, the Company had $22.37 million in total assets,
$15.18 million in total liabilities and $7.19 million in total
equity.


YMCA OF METROPOLITAN: Files Schedules of Assets and Liabilities
---------------------------------------------------------------
The Young Men's Christian Association of Metropolitan Milwaukee,
Inc., filed with the U.S. Bankruptcy Court for the Eastern
District of Wisconsin its schedules of assets and liabilities,
disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property              $$22,800,000
  B. Personal Property           $14,148,716
                                 + Undetermined
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $27,920,085
                                                  + Undetermined
  E. Creditors Holding
     Unsecured Priority
     Claims                                        $4,617,043
                                                  + Undetermined
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                        $1,395,565
                                 -----------      -----------
        Total                    $36,948,716      $33,932,692
                                 + Undetermined  + Undetermined

A copy of the Schedules is available for free at:

      http://bankrupt.com/misc/YMCAOFMETROPOLITAN_60_sal.pdf

On June 17, 2014, the Court, at the behest of the Debtors,
extended until June 23, 2014, the deadline to file the Schedules
and Statement.

The Debtors withdrew on July 3, 2014, their motion for joint
administration.

                      About YMCA of Milwaukee

The Young Men's Christian Association of Metropolitan Milwaukee,
Inc., and affiliate, YMCA Youth Leadership Academy, Inc., filed
voluntary Chapter 11 bankruptcy petitions (Bankr. E.D. Wis. Case
Nos. 14-27174 and 14-27175) in Milwaukee, on June 4, 2014.

YMCA Milwaukee, which has more than 100,000 members using its
centers and camps, plans to sell a majority of its owned real
estate to help pay down $29 million in debt.

YMCA Milwaukee estimated $10 million to $50 million in both assets
and liabilities.  YMCA Academy estimated $100,000 to $500,000 in
both assets and liabilities.  The formal schedules of assets and
liabilities are due June 18, 2014.

The Debtors are seeking joint administration of their Chapter 11
cases for procedural purposes.  The cases are assigned to Judge
Susan V. Kelley.

The Debtors have tapped Olivier H. Reiher, Esq., and Mark L. Metz,
Esq., at Leverson & Metz, S.C., in Milwaukee, as counsel.


YMCA OF METROPOLITAN: Ernst & Young Okayed as Financial Advisors
----------------------------------------------------------------
The Hon. Susan V. Kelley of the U.S. Bankruptcy Court for the
Eastern District of Wisconsin entered an order on July 10, 2014,
authorizing The Young Men's Christian Association of Metropolitan
Milwaukee, Inc., and YMCA Youth Leadership Academy, Inc., to
employ Ernst & Young, LLP, as financial advisors.

As reported by the Troubled Company Reporter on June 20, 2014, the
Debtors sought the Court's permission to E&Y to generally provide
financial advisory services to the Debtors during their
reorganization process.

On June 20, 2014, the Debtors filed an amended application
requesting that E&Y's aggregate fee cap for both cases be set at
$395,000, subject to increase upon appropriate motion and notice.
The Debtors filed on July 9, 2014, a second amended application
requesting that E&Y's aggregate fee cap for both cases be set at
$300,000, subject to increase upon appropriate motion and notice.

The Debtors filed on June 19, 2014, an amended application to
employ Reputation Partners, L.L.C.

As reported by the Troubled Company Reporter on June 20, 2014, the
Debtors sought court authorization to employ RP as their public
relations advisors to, among other things, advise the Debtors
concerning their overall communication strategy across a wide
variety of audiences.  The Debtor anticipates that RP will incur
charges for its services in the amount ranging from $100,000 to
$150,000.

In their June 19 amended application for RP, RP has cautioned that
the estimates cannot be precise, and the actual amounts will
depend upon certain factors beyond its control, like the speed at
which other parties can provide it with the necessary information.
The Debtors request that RP's aggregate fee cap for both cases be
set at $150,000, subject to increase upon appropriate motion and
notice.

                      About YMCA of Milwaukee

The Young Men's Christian Association of Metropolitan Milwaukee,
Inc., and affiliate, YMCA Youth Leadership Academy, Inc., filed
voluntary Chapter 11 bankruptcy petitions (Bankr. E.D. Wis. Case
Nos. 14-27174 and 14-27175) in Milwaukee, on June 4, 2014.

YMCA Milwaukee, which has more than 100,000 members using its
centers and camps, plans to sell a majority of its owned real
estate to help pay down $29 million in debt.

YMCA Milwaukee estimated $10 million to $50 million in both assets
and liabilities.  YMCA Academy estimated $100,000 to $500,000 in
both assets and liabilities.  The formal schedules of assets and
liabilities are due June 18, 2014.

The Debtors are seeking joint administration of their Chapter 11
cases for procedural purposes.  The cases are assigned to Judge
Susan V. Kelley.

The Debtors have tapped Olivier H. Reiher, Esq., and Mark L. Metz,
Esq., at Leverson & Metz, S.C., in Milwaukee, as counsel.


ZUERCHER TRUST: To Sell Bayshore Property; Hearing on Aug. 5
------------------------------------------------------------
Peter S. Kravitz, Chapter 11 Trustee for The Zuercher Trust of
1999 filed on July 10, 2014, with the Northern District of
California, a motion for entry of an order approving the proposed
sale procedures and overbid protections in connection with the
proposed sale to Rasmi Zeidan that certain real property located
at 2400-2424 Bayshore Boulevard, San Francisco, CA 94134, free and
clear from all liens, claims, encumbrances and interests with any
disputed liens, claims, encumbrances and interests to attach to
the net sale proceeds.

A hearing on the motion is set for Aug. 5, 2014, at 10:00 a.m.

The Bayshore Property is currently the sole operating property of
the Estate and the only source of immediate funds from which
creditors can be paid.  The Chapter 11 Trustee has decided that
the sale of this asset is in the best interest of the Estate, its
creditors and Debtor.  The Court, after considering the input of
the Chapter 11 Trustee and interested parties, has directed that
any sale be subject to auction so as to allow for any interested
overbidders to make a higher or better offer for the purchase
of the Bayshore Property.

The Chapter 11 Trustee retained his court-approved brokers Madison
Partners and ARA Pacific to market and sell the property.  Based
on the opinions and advise of his brokers the Chapter 11 Trustee
believes the Bayshore Property has a current fair market "AS IS"
value of $3 million to $3.5 million.  The Chapter Trustee has now
entered into a contract with Mr. Zeidan for the sale of the
Bayshore Property for an all cash purchase price of
$3.05 million subject to overbid and court approval.  A copy of
the purchase and sale agreement is available for free at:

                        http://is.gd/LXDVbL

Pursuant to the proposed overbid procedures, any person or entity
interested in submitting a bid on the Bayshore Property will be
directed to deliver an offer no later than 5:00 p.m. (prevailing
Pacific Time) five business days before the scheduled Sale Hearing
and Auction date.  An Offer will be accompanied by a cashier's
check or otherwise confirmable method of transfer in the amount of
25% of the Offer which will be either credited against the
purchase price in the event the Court approves a sale of Bayshore
Property to overbidder(s), or returned to the overbidder in the
event that a different bidder(s) is the successful bidder(s).

An Offer on the Bayshore Property must be a minimum initial
overbid of $3.15 million, and each subsequent overbid must be
in an increment of at least $25,000.

The auction will be conducted at the same time as the sale hearing
on the sale motion, at a time and date to be disclosed by future
notice, a minimum of thirty days after the Court enters an order
approving the Bid Procedures.

              About The Zuercher Trust of 1999

San Mateo, California-based The Zuercher Trust of 1999 filed for
Chapter 11 bankruptcy (Bankr. N.D. Cal. Case No. 12-32747) on
Sept. 26, 2012.  Bankruptcy Judge Hannah L. Blumenstiel presides
over the case.  Derrick F. Coleman, Esq., at Coleman Frost LLP,
served as the Debtor's counsel.  The Debtor is now represented by:

     Bradley Kass, Esq.
     KASS & KASS LAW OFFICES
     520 S. El Camino Real, Suite 810
     San Mateo, CA 94402

The Debtor, a business trust, estimated assets and debts of
$10 million to $50 million.  The Debtor owns property in
621 S. Union Avenue, in Los Angeles.  The property is currently in
REAP for alleged city health code violations.

In its schedules, the Debtor disclosed $28,450,000 in total assets
and $12,084,015 in total liabilities.

The petition was signed by Monica H. Hujazi, trustee of the
Zuercher Trust.

As reported in the TCR on March 22, 2013, August B. Landis, Acting
U.S. Trustee for Region 17, obtained authorization from the U.S.
Bankruptcy Court to appoint Peter S. Kravitz as Chapter 11 Trustee
for The Zuercher Trust of 1999.  Steven T. Gubner, Esq., and
Richard D. Burstein, Esq., at Ezra Brutzkus Gubner LLP, represent
the Chapter 11 Trustee as bankruptcy counsel.


* Collection Agent Hammered for Claiming Debt Barred by State Law
-----------------------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that the U.S. Court of Appeals for the 11th Circuit in
Atlanta issued an opinion on July 10, reinstating a lawsuit to
stem what it called a "deluge" of claims in bankruptcy courts
attempting to collect "debts deemed unenforceable under state
statutes of limitations."

According to Mr. Rochelle, the 11th Circuit came down hard on
consumer debt collectors that file claims in bankruptcy based on
stale obligations that can't be collected under state law.  The
decision accentuates an existing split among federal appeals
courts over an issue that may find its way to the U.S. Supreme
Court, Mr. Rochelle added.

The case is Crawford v. LVNV Funding LLC, 13-12389, U.S. Court of
Appeals for the 11th Circuit (Atlanta).


* Deutsche Bank Suffers From Reporting Problems, Regulators Said
----------------------------------------------------------------
David Enrich, Jenny Strasburg and Eyk Henning, writing for The
Wall Street Journal, reported that an examination by the Federal
Reserve Bank of New York found that Deutsche Bank AG's giant U.S.
operations suffer from a litany of serious financial-reporting
problems that the lender has known about for years but not fixed,
according to documents reviewed by the Journal.

In a letter to Deutsche Bank executives in December, a senior
official with the New York Fed wrote that reports produced by some
of the bank's U.S. arms "are of low quality, inaccurate and
unreliable, the Journal said.  The size and breadth of errors
strongly suggest that the firm's entire U.S. regulatory reporting
structure requires wide-ranging remedial action," the Journal
related.


* Robust Liquidity Supports Continued Low Default Rate
------------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News, citing
Moody's Investors Service, reports that low default rates will
likely continue given ?robust? liquidity in the near term,
allowing low-rated companies to access the capital markets and
refinance maturing debt.

According to Mr. Rochelle, the junk-bond default rate among U.S.
companies finished the second quarter at 1.9 percent, up slightly
from 1.8 percent in the first quarter and down from 3 percent a
year ago.  Globally, the junk-bond default rate closed at 2.2
percent in the second quarter, the lowest since the last quarter
of 2011, the report added.


* Companies Helping With Student Loans Are Often Predatory
----------------------------------------------------------
Rachel Abrams and Jessica Silver-Greenberg, writing for The New
York Times' DealBook, reported that debt settlement companies,
which offer to help student loan borrowers, are found to be
abusive in their practice of, among others, lowering the
borrowers' monthly loan payments for a hefty upfront fee.

According to The DealBook, federal and state regulators are
spotting new instances of abuse as the companies shift away from
their traditional targets -- credit card and mortgage debt -- to
zero in on student loans.  The report said the state of Illinois
becomes the first state to being legal action against debt
settlement companies in connection with their student loan
practices, contending in two separate lawsuits that Broadsword
Student Advantage and First American Tax Defense duped vulnerable
borrowers into paying for help that never arrived.


* Judge Orders Argentina and Funds to Negotiate
-----------------------------------------------
Alexandra Stevenson, writing for The New York Times' DealBook,
reported that Judge Thomas P. Griesa of the Federal District Court
in Manhattan issued the order directing Argentina and a group of
New York hedge funds to meet with a court-appointed mediator
"continuously" until the two sides can come to an agreement.
According to the report, the order came just a week before
Argentina is required to make an interest payment on its
restructured bonds.


* A&M Named Global Turnaround Consulting Firm of the Year
---------------------------------------------------------
For the second consecutive year, global professional services firm
Alvarez & Marsal (A&M) received Global M&A Network's highest
honor, the Turnaround Atlas Award for Global Turnaround Consulting
Firm of the Year.  A&M also was awarded the following Turnaround
Atlas Awards: Healthcare Services Turnaround of the Year for its
work with Rural/Metro Corporation; Cross Border Restructuring of
the Year for its work with Central European Distribution
Corporation; and Pre-Packaged Restructuring of the Year ? Middle
Markets for its work with Education Holdings.

Turnaround Atlas Awards recognize exceptional restructuring,
distressed M&A and turnaround performance across three categories:
Outstanding Firm, Industry and Top Deals & Assignments.  Winning
firms and transactions -- spanning a variety of sizes and
restructuring styles -- are selected by independent panelists and
based on identifiable performance criteria such as pre/post
financial workout, sustainability, operational/client/HR metrics,
number of creditors, sector challenges, timeliness, jurisdictional
intricacies, leadership and resourcefulness.

A&M's selection as the Global Turnaround Consulting Firm of the
Year was based on a comprehensive review of the firm's annual
performance as well as its efforts in complex transactions in
2013, including the Chapter 11 reorganizations of Rural/Metro
Corporation, Central European Distribution Corporation and
Education Holdings, for which A&M was awarded separate Turnaround
Atlas Awards in the Industry and Top Deals & Assignments
categories.

A&M served as the financial advisor to Rural/Metro Corporation, a
national ambulance and fire protection services provider in 21
states and nearly 700 communities, when it filed for Chapter 11
bankruptcy in August 2013.  Through its financial restructuring,
Rural/Metro was able to reduce debt by nearly 50 percent and
receive a $135 million equity capital infusion from bondholders.

Central European Distribution Corporation's Board of Directors
unanimously approved A&M to serve as the restructuring adviser for
its Chapter 11 filing.  The work allowed the U.S.-listed company
to successfully close a going-private sale to a Russian investor
and restructure its balance sheet by reducing its public bonds
from more than $1.3 billion to $650 million.

A&M served as the financial adviser to Education Holdings during
the company's Chapter 11 reorganization in early 2013.  As a
result of the firm's efforts, the company exited Chapter 11 in
March 2013, less than two months after filing.

Additional information about the Turnaround Atlas Awards can be
found at http://is.gd/au3skh

                      About Alvarez & Marsal

Privately-held since 1983, Alvarez & Marsal (A&M) --
http://www.alvarezandmarsal.com-- is a global professional
services firm that delivers business performance improvement,
turnaround management and advisory services to organizations
seeking to transform operations, catapult growth and accelerate
results through decisive action.



                             *********

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 by e-mail.

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 the nation's bankruptcy courts.  The
list includes links to freely downloadable of these small-dollar
petitions in Acrobat PDF documents.

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.

                           *********

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, 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 2014.  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.


                  *** End of Transmission ***