TCR_Public/141114.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

           Friday, November 14, 2014, Vol. 18, No. 317

                            Headlines

AC I INV: Hearing on Exclusivity Extensions Adjourned to Nov. 25
ACTINIUM PHARMACEUTICALS: Posts $6.08-Mil. Net Loss for Q3
ADK INVESTMENTS: Case Summary & Unsecured Creditor
AEROVISION HOLDINGS: Has Until Jan. 26 to File Plan
AGFEED USA: Global Settlement with Ningbo, et al. Approved

ALLIED IRISH: Releases Q3 Interim Management Statement
ALON USA: Moody's Hikes CFR to B1 & Rates New $400MM Sr. Notes B2
ALON USA: S&P Raises CCR to 'B+' on Improved Credit Measures
AMEREJUVE INC.: Voluntary Chapter 11 Case Summary
AMERICAN POWER: Iowa State Bank Extends Credit Facility to 2021

AMPLIPHI BIOSCIENCES: Amends Baxter Phillips Employment Agreement
ANACOR PHARMACEUTICALS: Incurs $31 Million Q3 Net Loss
AOXING PHARMACEUTICAL: Sold 4.5 Common Shares to Employees
APPLIED MINERALS: Samlyn Capital Holds 19.7% Equity Stake
APSCO APPLIANCE: Files for Chapter 11 Bankruptcy Protection

APSCO APPLIANCE: Case Summary & 16 Unsecured Creditors
ARKANOVA ENERGY: Extends Aton Note Maturity Date to Dec. 2016
ARMORWORKS ENTERPRISES: Three New Committee Members Appointed
AUDATEX HOLDINGS: Moody's Lowers Corporate Family Rating to Ba3
BIOLIFE SOLUTIONS: Incurs $900,000 Net Loss in Third Quarter

BOOMERANG SYSTEMS: Tender Offer Expired October 31
BUILDERS FIRSTSOURCE: Registers 49.2MM Common Shares Prospectus
BUILDERS FIRSTSOURCE: Appoints Chad Crow as President and COO
CAESARS ENTERTAINMENT: May Put Unit in Bankruptcy in January 2015
CDW LLC: S&P Raises Corp. Credit Rating to 'BB'; Outlook Positive

CENTRAL OKLAHOMA: Wants Until Feb. 16 to Propose Chapter 11 Plan
CHASE HOLDINGS: Voluntary Chapter 11 Case Summary
CHATAND INC: Has $662K Net Loss in Sept. 30 Quarter
CJ HOLDING: Moody's Assigns (P)Ba1 Rating on New $675MM Term Loan
CRUMBS BAKESHOP: Court Denies LFAC's Motion on Trademarks

CRUNCHIES FOOD: Wants Date Set for Prepetition Claims Deadline
CWGS ENTERPRISES: S&P Revises Outlook to Pos. & Affirms 'B+' CCR
DENDREON CORP: Court Approves First-Day Motions
DENDREON CORP: Seeks to Assume Plan Support Agreements
DENDREON CORP: Shares to Be Delisted From Nasdaq Next Week

DOTHAN SOUTH PLAZA: Voluntary Chapter 11 Case Summary
E*TRADE FINANCIAL: S&P Raises Issuer Credit Rating to 'B+'
ENDEAVOUR INT'L: US Trustee Yet to Appoint Creditors' Committee
ENGLOBAL CORP: Reports $1.8 Million Net Income for Third Quarter
EQUITY LENDING 2: Voluntary Chapter 11 Case Summary

FALCON STEEL: Gets Exclusivity to File Plan Until Nov. 26
FIRST KEYSTONE: Insurer Declared Insolvent
FIRST PLACE: Sues Squire Patton Boggs for Fee Non-Disclosure
FRED FULLER: No Plans to Lay Off Employees
FREDERICK GREENE: Compulsory Counterclaims Probed on Student Loans

FUEL PERFORMANCE: Amends 26.2 Million Shares Resale Prospectus
GALEWOOD PLAZA: Case Summary & 16 Largest Unsecured Creditors
GARLOCK SEALING: Plan Outline Hearing Adjourned to Nov. 17
GBG RANCH: Sale Hearing on Hill Tracts Slated for Dec. 19
GBG RANCH: Court OKs Appointment Ronald Hornberger as Examiner

GBG RANCH: Seeks to Tap Valbridge Property as Appraiser
GENTIVA INC: Delayed 10Q Filing No Impact on Moody's B3 CFR
GLOBALSTAR INC: Posts $129.4 Million Third Quarter Net Income
GREEN BRICK: CEO Reports 5.3% Equity Stake
GREEN MOUNTAIN: Seeks More Time to Assume or Reject Leases

GROVE ESTATES: Court Establishes Deadlines for Filing Claims
GROVE ESTATES: Disclosure Statement Hearing Set on Dec. 18
HDGM ADVISORY: John Humphrey Approved as Chapter 11 Examiner
HERRING CREEK: Case Summary & 12 Largest Unsecured Creditors
HOLDER HOSPITALITY: Sharkey's Casino to be Auctioned on Dec. 4

INTERNATIONAL TEXTILE: Posts $11.7 Million Net Income in Q3
JAMES RIVER: Panel Modifies Compensation Terms of Blackstone
JODIE MARIE CUOMO: Sanction Easier to Show than Legal Malpractice
JOHN HASSALL: To Sell Auction Assets on Dec. 4
KENNEDY-WILSON INC: S&P Keeps BB- Notes Rating After $350MM Add-On

KINDRED HEALTHCARE: Centerre Deal No Impact on Moody's B1 CFR
KLX INC: Moody's Assigns Ba2 Corp. Family Rating; Outlook Stable
LIBERTY TOWERS: Seeks to Tap David Carlebach as Counsel
LINCOLN GARDENS: Voluntary Chapter 11 Case Summary
LOFINO PROPERTIES: Plan Confirmed; Final Report Due

LONGVIEW POWER: Court Approves Dunkard Creek Settlement
LOVE CULTURE: Has Until Dec. 13 to Remove Lawsuits
MCCLATCHY CO: Files Form 10-Q, Incurs $2.8 Million Q3 Net Loss
MERCATOR MINERALS: Recoveries Under Settlement Agreement Uncertain
MERCER INT'L: S&P Raises CCR to 'B+' on Proposed Refinancing

MICRO CONTRACT: Case Summary & 20 Largest Unsecured Creditors
MICROVISION INC: Reports $3.3 Million Net Loss for Third Quarter
MILLER AUTO: Withdraws Bid to Hire Huron as Investment Banker
MILLER AUTO: Committee Taps McKenna Long as Local Counsel
MIMI TALBOTT: Panel's Motion to Consolidate Case With Greg Pending

MINI MASTER: Has Until February 2015 to File Chapter 11 Plan
MINI MASTER: Amends Schedules of Assets and Liabilities
MULTI-COLOR CORP: S&P Assigns 'BB-' CCR & Rates $250MM Notes 'B+'
NEONODE INC: Incurs $3.2 Million Net Loss in Third Quarter
NEW LOUISIANA: Wants Until Jan. 16 to Propose Reorganization Plan

NEW YORK CITY OPERA: Files Fifth Exclusivity Motion
NNN 3500: Court Takes Chapter 11 Plan Approval Under Advisement
OPTIM ENERGY: Amendment No. 7 to Credit Agreement Authorized
OTELCO INC: Reports Operating Income of $4.6MM for 3rd Qtr. 2014
PARQ HOLDINGS: S&P Assigns B- CCR & Rates $175MM 1st Lien Debt B+

PHOTOMEDEX INC: Incurs $14.9 Million Net Loss in Third Quarter
PLAYA HERMOSA: Section 341(a) Meeting Scheduled for Dec. 15
PROSPECT HOLDING: S&P Revises Outlook to Neg. & Affirms 'B' ICR
QUALITY DISTRIBUTION: Posts $3.6-Mil. Third Quarter Net Income
QUANTUM FUEL: Incurs $5.2 Million Net Loss in Third Quarter

REVIVE ENTERPRISES: Voluntary Chapter 11 Case Summary
RESPONSE BIOMEDICAL: Forbearance With Lender Extended to Dec. 15
ROSEVILLE SENIOR: Can Use Cash Collateral Until January 2015
ROSEVILLE SENIOR: Taps M-Capital Assets as Consultant
ROSEVILLE SENIOR: Wants Until March 2015 to File Chapter 11 Plan

RUBY WESTERN: S&P Withdraws 'BB+' ICR on Debt Redemption
SAN BERNARDINO, CA: Balks at POB's Plea to Plan Filing Deadline
SCRUB ISLAND: Criticizes Lender for Loquaciousness
SHELDON GOOD: Dec. 10 Auction Set for Water Development Site
SHILO INN: Withdraws Third Amended Disclosure Statement

SIMPLEXITY LLC: Seeks Jan. 12 Extension of Plan Filing Date
SM ENERGY: Moody's Assigns Ba2 Rating on Proposed $400MM Notes
SM ENERGY: S&P Rates Proposed $400MM Sr. Unsecured Notes 'BB'
STEREOTAXIS INC: Posts $22,670 Net Income in Third Quarter
STOCKTON, CA: S&P Raises Rating on Series 2003 A&B COPs to 'B-'

SUNSHINE HEART: Has $6.13-Mil. Net Loss for Sept. 30 Quarter
TAMM OIL: Reports $23K Net Loss in Third Quarter
TERRA-GEN FINANCE: Moody's Rates $325MM Secured Loans 'Ba3'
TERRA-GEN FINANCE: S&P Assigns 'B+' CCR & Rates $325MM Loans 'BB-'
TEXOMA PEANUT: Section 341(a) Meeting Set for Dec. 17

TEXOMA PEANUT: Has Interim Authority to Tap $12.7MM in DIP Loans
TEXOMA PEANUT: Taps Gerard Miller as Conflicts Counsel
TEXOMA PEANUT: Hires Focus Management as Financial Advisor
THERAPEUTICSMD INC: Incurs $17.8 Million Net Loss in 3rd Quarter
TRAVELPORT WORLDWIDE: Reports $154 Million Net Income for Q3

TRIKO LLC: Failure to File Schedules Cues Case Dismissal
UNI-PIXEL INC: Posts $5.6 Million Third Quarter Net Loss
VIGGLE INC: To Introduce Add-to-DVR Technology
UNITEK GLOBAL: Seeks to Assume Zurich Insurance Agreements
UNITEK GLOBAL: Has Interim Approval of Equity Transfer Protocol

UNITEK GLOBAL: Obtains Authority to Pay $15.4MM for Trade Claims
UNITEK GLOBAL: Schedules Filing Date Extended to Jan. 5
UNITEK GLOBAL: Can Employ Epiq as Claims & Noticing Agent
UNITEK GLOBAL: Court Issues Joint Administration Order
U.S. COAL: Licking River Unit Has $105MM Assets, $53MM Debts

U.S. COAL: Stay Lifted for AIG to Pay Law Firm's Fees
VARIANT HOLDING: Needs Until April 2015 to File Plan
WEST CORP: Reports $16.1 Million Net Income for Third Quarter
WHITE WAY SIGN: Voluntary Chapter 11 Case Summary
ZOGENIX INC: Incurs $12.8 Million Net Loss in Third Quarter

ZUERCHER TRUST: Trustee Can Sell 2400-2424 Bayshore Property

* Increase in Foreign Bond Debt to Up Foreign Co. Bankr. Filings

* BOOK REVIEW: Landmarks in Medicine - Laity Lectures
               of the New York Academy of Medicine

* 21st Annual Distressed Investing Conference Program & Faculty


                             *********


AC I INV: Hearing on Exclusivity Extensions Adjourned to Nov. 25
----------------------------------------------------------------
The Bankruptcy Court adjourned until Nov. 25, 2014, the hearing to
consider AC I Inv Manahawkin LLC, et al.'s motion for exclusivity
extensions.

As reported in the Troubled Company Reporter on Oct. 15, 2014, the
Debtors are requesting for an extension of their exclusive periods
to file a plan of reorganization until Jan. 30, 2015, and solicit
acceptances for that Plan until March 31.

This is the Debtors' first request for an extension of their
exclusive periods.

Parties-in-interest filed limited objections to the Debtors'
motion.

Deutsche Bank Trust Company Americas submitted that LLC must abide
by the milestones ordered by the Court irrespective of any
extension of its exclusive periods.  Deutsche Bank serves as
Trustee for the Registered Holders of the Wells Fargo Commercial
Mortgage Securities, Inc., Commercial Mortgage Pass-Through
Certificates, Series 2011-C3, by Rialto Capital Advisors, LLC,
solely in its capacity as Special Servicer.

Rialto stated that among the milestones is LLC's commitment to
file a motion or plan that provides for the sale of the property
by Dec. 15, 2014.  Additionally, under the cash collateral order,
if a plan is filed, the Debtor must obtain a final order approving
the plan by Feb. 15, according to Rialto.

Acadia Realty Limited Partnership, in its limited objection,
stated that there is no justification for extending the Debtors'
exclusive period to file a plan and solicit acceptances thereto to
dates that would cause LLC to be in breach of deadlines pertaining
to the sale of its sole asset, a shopping center known as
Manahawkin Commons in Manahawkin, New Jersey that have been
established by a prior order of the Court.

Deutsche Bank is represented by:

         John Doherty, Esq.
         ALSTON & BIRD LLP
         90 Park Ave.
         New York, NY 10016
         Tel: (212) 210-9400

         David A. Wender, Esq. (admitted pro hac vice)
         One Atlantic Center
         1201 West Peachtree Street
         Atlanta, GA 30309-3424
         Tel: (404) 881-7000

Acadia Realty is represented by:

         Steven B. Soil, Esq.
         Adam C. Silverstein, Esq.
         OTTERBOURG P.C.
         230 Park Avenue
         New York, NY 10169
         Tel: (212) 661-9100
         Fax: (212) 682-6104

                  About AC I Inv  Manahawkin LLC

AC I Inv Manahawkin LLC, AC I Manahawkin Mezz LLC and AC I
Manahawkin LLC filed separate Chapter 11 bankruptcy petitions
(Bankr. S.D.N.Y. Case Nos. 14-22791, 14-22792 and 14-22793) on
June 4, 2014.  The petitions were signed by David Goldwasser, of
GC Realty Advisors LLC, managing member.  The Debtors estimated
assets of $50 million to $100 million and debts of $0 to $50
million.  Robinson Brog Leinwand Greene Genovese & Gluck, P.C.,
serves as the Debtors' counsel.  Judge Robert D. Drain presides
over the cases.

Affiliates of AC I Inv., et al., have pending bankruptcy cases
before Judge Drain.  NY Affordable Housing Albany Assocs. LLC
sought Chapter 11 protection (Bankr. S.D.N.Y. Case No. 13-20007)
on July 26, 2013.  First Bronx LLC sought bankruptcy protection
(Bankr. S.D.N.Y. Case NO. 14-22047) on Jan. 13, 2014.  Ollie Allen
Holding Company LLC sought bankruptcy (Case NO. 14-22204) on Feb.
18, 2014.

U.S. Trustee was unable to form an official unsecured creditors'
committee.


ACTINIUM PHARMACEUTICALS: Posts $6.08-Mil. Net Loss for Q3
----------------------------------------------------------
Actinium Pharmaceuticals, Inc., filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q, disclosing
a net loss of $6.08 million on $nil of revenue for the three
months ended Sept. 30, 2014, compared to a net loss of $1.42
million on $nil of revenue for the same period in 2013.

The Company's balance sheet at Sept. 30, 2014, showed $12.6
million in total assets, $10.23 million in total liabilities and
total stockholders' equity of $2.37 million.

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

                       http://is.gd/3EFnYc

Actinium Pharmaceuticals, Inc., a biotechnology company, develops
drugs for the treatment of cancer.  The company develops therapies
for life threatening diseases using its alpha particle
immunotherapy (APIT) platform.  Its products include Bismab-A for
acute myeloid leukemia; Actimab-A, an antibody-drug construct that
is in Phase I/II clinical trial for the treatment of acute myeloid
leukemia; and Iomab-B, an antibody-drug construct used in
myeloconditioning for hematopoietic stem cells transplantation in
various indications.  The company was formerly known as Cactus
Ventures, Inc. and changed its name to Actinium Pharmaceuticals,
Inc. in April 2013.  Actinium Pharmaceuticals, Inc. was founded in
2000 and is based in New York, New York.


ADK INVESTMENTS: Case Summary & Unsecured Creditor
--------------------------------------------------
Debtor: ADK Investments, LLC
        2900 Magazine Street
        New Orleans, LA 70115

Case No.: 14-13076

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: November 12, 2014

Court: United States Bankruptcy Court
       Eastern District of Louisiana (New Orleans)

Judge: Hon. Jerry A. Brown

Debtor's Counsel: Pierre V. Miller, II, Esq.
                  PATRICK MILLER LLC
                  400 Poydras Street, Suite 1680
                  New Orleans, LA 70130
                  Tel: (504) 527-5400
                  Fax: (504) 527-5456
                  Email: pmiller@patrickmillerlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Andrea Kim Dudek, authorized
individual.

The Debtor listed Biz Capital, at 909 Poydras St. Suite 2230, New
Orleans, LA, as its largest unsecured creditor holding a claim of
$335,000.

A full-text copy of the petition is available at:

              http://bankrupt.com/misc/laeb14-13076.pdf


AEROVISION HOLDINGS: Has Until Jan. 26 to File Plan
---------------------------------------------------
U.S. Bankruptcy Judge Paul G. Hyman, Jr., extended Aerovision
Holdings 1 Corp.'s exclusive periods to file a plan of
reorganization until Jan. 26, 2015; and solicit acceptances for
that plan until
March 27.

As reported in the Troubled Company Reporter on Oct. 9, 2014, the
Debtor in seeking the extension stated that it has settled and
consummated a substantial controversy with creditor i3 Aircraft
Holdings.  The settlement took many months to conclude where the
required approval of Federal Aviation Administration is necessary.
The motion to approve the settlement was submitted on Sept. 22,
2014.

However, the Debtor is still in negotiations with another group of
contested Creditors, namely the Tiger Parties.  The result of the
negotiations is of paramount importance to the direction of the
disclosure statement and plan in this case.  Pending the result of
the negotiation, the Debtor is unable to adequately prepare a
plan.

Thus, the Debtor is still currently addressing the issues and
needs additional time further to negotiate.

                    About Aerovision Holdings I

Aerovision Holdings 1 Corp. filed a Chapter 11 petition (Bankr.
S.D. Fla. Case No. 13-24624) on June 21, 2013, in its home-town in
West Palm Beach, Florida.  Mark Daniels signed the petition as
president.  The Debtor estimated assets in excess of $10 million
and liabilities of $1 million to $10 million.  Craig I. Kelley,
Esq., at Kelley & Fulton, PL, serves as the Debtor's counsel.


AGFEED USA: Global Settlement with Ningbo, et al. Approved
----------------------------------------------------------
The Bankruptcy Court for the District of Delaware approved the
global settlement among AgFeed USA, LLC, et al., Good Charm
International Development. Ltd. (purchaser) and Ningbo Tech-Bank
Co., Ltd. resolving related litigation.

According to the Debtors, On Dec. 6, 2013, the sale of shares of
AgFeed Industries, Inc. (British Virgin Islands) was completed.
The parties amended the APA before closing to allow for the
escrowing of an additional closing payment of $558,431 by
purchaser based on the seller's calculation of the estimated
adjustment, as set forth in the cut-off date statement.

The purchaser and parent later asserted that the post-closing
adjustment due from seller was in excess of $2 million, which he
seller disputed.

In this relation, the parties agreed to reduce the terms of their
settlement to writing and to otherwise settle and resolve their
disputes.  The agreement was entered on Oct. 23, 2014.  A copy of
the terms of the settlement is available for free at:

    http://bankrupt.com/misc/AGFEEDUSA_1lobalsettlementord.PDF

                     About AgFeed Industries

AgFeed Industries, Inc., has 21 farms and five feed mills in China
producing more than 250,000 hogs annually. In the U.S., the
business included 10 sow farms in three states and two feed mills
producing more than one million hogs a year. AgFeed's revenue in
2012 was $244 million.

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

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

The U.S. Trustee has appointed a five-member official committee of
unsecured creditors to the Chapter 11 cases.  The Creditors'
Committee tapped Lowenstein Sandler as lead bankruptcy counsel and
Greenberg Traurig, LLP, as co-counsel.  CohnReznick LLP serves as
the Creditors' Committee's financial advisor.

An official committee of equity security holders was also
appointed to the Chapter 11 cases.  The Equity Committee tapped
Sugar Felsenthal Grais & Hammer LLP and Elliott Greenleaf as
co-counsel.

Jefferies Leveraged Credit Products and Claims Recovery Group are
represented by Lawrence J. Kotler, Esq., and Catherine B.
Heitzenrater, Esq., at Duane Morris, LLP.


ALLIED IRISH: Releases Q3 Interim Management Statement
------------------------------------------------------
Allied Irish Banks, p.l.c., said it will announce its third
quarter 2014 interim management statement Nov. 10, 2014.

For further information, please contact:

Enda Johnson                           Kathleen Barrington
Head of Corporate Affairs & Strategy   Media Relations Manager
AIB Bankcentre
Dublin                                 AIB Bankcentre
Tel: +353-1-7726010                    Dublin
email: enda.m.johnson@aib.ie           Tel: +353-1-7721382
                                        email:
                                     kathleen.m.barrington@aib.ie

                     About Allied Irish Banks

Allied Irish Banks, p.l.c. -- http://www.aibgroup.com/-- is a
major commercial bank based in Ireland.  It has an extensive
branch network across the country, a head office in Dublin and a
capital markets operation based in the International Financial
Services Centre in Dublin.  AIB also has retail and corporate
businesses in the UK, offices in Europe and a subsidiary company
in the Isle of Man and Jersey (Channel Islands).

Since the onset of the global and Irish financial crisis, AIB's
relationship with the Irish Government has changed significantly.

As at Dec. 31, 2010, the Government, through the National Pension
Reserve Fund Commission ("NPRFC"), held 49.9% of the ordinary
shares of the Company (the share of the voting rights at
shareholders' general meetings), 10,489,899,564 convertible non-
voting ("CNV") shares and 3.5 billion 2009 Preference Shares.  On
April 8, 2011, the NPRFC converted the total outstanding amount of
CNV shares into 10,489,899,564 ordinary shares of AIB, thereby
increasing its holding to 92.8% of the ordinary share capital.

In addition to its shareholders' interests, the Government's
relationship with AIB is reflected through formal and informal
oversight by the Minister and the Department of Finance and the
Central Bank of Ireland, representation on the Board of Directors
(three non-executive directors are Government nominees),
participation in NAMA, and otherwise.

Allied Irish reported a loss of EUR1.59 billion in 2013, a loss of
EUR3.55 billion in 2012 and a net loss of $2.32 billion in 2011.
At Dec. 31, 2013, the Company had EUR117.73 billion in total
assets, EUR107.24 billion in total liabilities and EUR10.49
billion in total shareholders' equity.


ALON USA: Moody's Hikes CFR to B1 & Rates New $400MM Sr. Notes B2
-----------------------------------------------------------------
Moody's Investors Service upgraded Alon USA Partners, LP's (ALDW)
Corporate Family Rating (CFR) to B1 and assigned a B2 rating to
its proposed $450 million in senior notes due 2022. These notes
are being co-issued by Alon USA Partners Finance Co. Proceeds from
the notes will be used in conjunction with $337.5 million in
equity to fund the $437.5 million purchase of the Krotz Springs
refinery from Alon USA Energy, Inc. (ALJ), which owns ALDW's
general partner, and repay the existing $243 million term loan.
Moody's also affirmed ALDW's SGL-3 Speculative Grade Rating and
upgraded ALDW's probability of default rating to B1-PD. The
existing B2 term loan rating will be withdrawn following its
repayment at the close of the transaction. The rating outlook is
stable.

"Alon USA Partners' MLP corporate structure requires the quarterly
payout of substantially all excess cash and is inherently risky
from a credit perspective, however, the B1 CFR considers the
company's commitment to a distribution that varies with cash flow,
improved financial leverage profile and asset diversification, as
well as the reasonably strong cash flow generating capacity of the
Big Spring's refinery through the cycle," commented Amol Joshi,
Moody's Vice President.

Alon USA Partners, LP

Upgrades:

Corporate Family Rating to B1 from B2

Probability of Default Rating to B1-PD from B2-PD

Assigned:

$450 million Senior Notes due 2022 at B2, LGD4

Affirmed:

Speculative Grade Liquidity Rating at SGL-3

Outlook Actions:

Outlook, Remains Stable

Ratings Rationale

ALDW's upgrade to a B1 CFR reflects the company's strategically
located Big Spring refinery and improved asset diversification
following the purchase of the Krotz Springs refinery. Of
additional support to the rating is ALDW's $337.5 million equity
issuance to a subsidiary of ALJ to partially fund the acquisition,
and ALJ's agreement to reimburse the anticipated capital
expenditures relating to the scheduled major maintenance
turnaround of the Krotz Springs refinery in 2015. The B1 rating
reflects the company's small scale, the inherent volatility and
capital intensity of the refining sector, and the high payouts
associated with its MLP corporate structure.

The rating is supported by the Big Spring refinery's proven
operational track record and favorable geographic location in the
Permian Basin. ALDW's Big Spring refinery has access to local
discounted West Texas Sour (WTS) crude and West Texas Intermediate
(WTI) crude, resulting in strong margins in 2014. The Krotz
Springs refinery, which ALDW is acquiring from ALJ, also has
access to favorably priced crude, but to a lesser extent than Big
Spring, and the refinery is of lower complexity and has not been
as profitable as Big Spring, with the inability to produce low
sulfur diesel. Moody's believe that ALDW's crude sourcing
differentials will continue to remain supportive, but will be
volatile and begin to narrow over the next few years as increased
take away capacity comes on stream. However, local differentials
associated with direct access to supply sources for Big Spring
shall remain in the longer term.

Of concern for the rating is ALDW's high payout MLP corporate
structure which takes out all excess cash on a regular basis,
preventing the buildup of large cash balances that have
traditionally been used as reserve cushions in the inherently
volatile refining business for both growth and regulatory spending
during sector downturns. However, unlike traditional MLPs, Moody's
believes Alon USA Partners, as an independent refiner, is likely
to pursue a modest growth profile and maintain moderate financial
leverage.

ALDW's SGL-3 Speculative Grade Liquidity Rating reflects an
adequate liquidity profile. Although ALDW's liquidity profile is
constrained by the volatility and cyclicality of the refining
business and its MLP business model, Moody's expects that ALDW
will have adequate cash flow to cover its capital expenditures in
2015. Pro forma for the transaction, ALDW will have approximately
$150 million of cash on its balance sheet. Additionally, the
company has a $240 million committed borrowing base secured
revolving credit facility which matures in March 2016, and is
expected to be undrawn at close with $140 million of availability.
Moody's expect ALDW will remain in compliance with its financial
covenants, thus ensuring accessibility to its revolving credit
facility.

ALDW's liquidity is enhanced by a supply and offtake agreement
with J. Aron and Company. This arrangement accounts for a
significant portion of the combined crude supply and product
offtake at Krotz Springs, and to a lesser extent at the Big Spring
refinery. Moody's believe there is little concern this agreement
will be canceled by either party in the near term but if it was,
substantial inventory would need to be financed by ALDW in a
reasonably short time. If this were to occur, traditional sources
of capital such as bank revolving credit facilities and trade
credit would need to be available to finance the working capital
assets as they move back on balance sheet.

Alon USA Partners' stable outlook assumes that it will continue to
demonstrate consistent operating performance and remain moderately
leveraged. The stable outlook also assumes that all future
acquisitions and major growth capital expenditures are adequately
funded with equity.

ALDW's ratings could be downgraded if leverage materially rises to
above 3x debt to EBITDA or liquidity weakens due to a prolonged
period of unplanned downtime, debt funding of an acquisition,
working capital needs, capital spending requirement or excessive
distributions, or a prolonged period of margin softness.

ALDW's MLP business model and small scale limits ratings upside
given that any unforeseen prolonged downtime and the company's
high payout model could have a significant impact on sufficient
cash flow to service debt and capital needs.

The principal methodology used in these ratings was Global
Refining and Marketing Rating Methodology published in December
2009. Other methodologies used include Loss Given Default for
Speculative-Grade Non-Financial Companies in the U.S., Canada and
EMEA published in June 2009.

Alon USA Partners, LP is controlled and majority owned by Alon USA
Energy, Inc., and is headquartered in Dallas, Texas.


ALON USA: S&P Raises CCR to 'B+' on Improved Credit Measures
------------------------------------------------------------
Standard & Poor's Ratings Services said it raised its corporate
credit on variable master limited partnership (MLP) Alon USA
Partners L.P. to 'B+' from 'B'.  The upgrade reflects the
partnership's improved scale and credit measures.  The outlook is
stable.

At the same time, S&P assigned its 'B+' issue-level rating to the
partnership's proposed senior unsecured notes due 2022.  The
recovery rating on the partnership's proposed senior unsecured
debt is '3', indicating S&P's expectations of meaningful (50% to
70%) recovery if a payment default occurs.  S&P's recovery
expectations are in the upper half of the 50% to 70% range.

"The rating on Alon USA Partners reflects its "vulnerable"
business risk profile and its "significant" financial risk
profile," said Standard & Poor's credit analyst Mike Llanos.

The partnership will use net proceeds from the proposed note
issuance in addition to an issuance of common units to parent,
Alon USA Energy Inc., to fund the Krotz Springs Refinery
acquisition, repay the term loan due 2018, and for general
partnership purposes.


AMEREJUVE INC.: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Amerejuve, Inc.
        2500 West Loop South, Suite 360
        Houston, TX 77027

Case No.: 14-36301

Nature of Business: Health Care

Chapter 11 Petition Date: November 12, 2014

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Judge: Hon. Karen K. Brown

Debtor's Counsel: Margaret Maxwell McClure, Esq.
                  LAW OFFICE OF MARGARET M. MCCLURE
                  909 Fannin, Suite 3810
                  Houston, TX 77010
                  Tel: 713-659-1333
                  Fax: 713-658-0334
                  Email: margaret@mmmcclurelaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Morteza Naghavi, M.D., president.

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


AMERICAN POWER: Iowa State Bank Extends Credit Facility to 2021
---------------------------------------------------------------
American Power Group Corporation reported that American Power
Group, Inc.'s primary lender, Iowa State Bank, has extended the
term of the Company's primary credit facility through 2021.  Iowa
State Bank has agreed to convert the Company's outstanding balance
of $2.7 million into a seven-year term loan with monthly payments
starting in January 2015 and provide a new $500,000 secured
working capital line with an initial maturity of January 2016.

All borrowings under the Term Loan and the Line of Credit bear
interest at a rate equal to the base rate on corporate loans
posted by at least 70% of the 10 largest U.S. banks (known as The
Wall Street Journal U.S. Prime Rate) plus 4.0%, with a minimum
interest rate of 8.0% per annum.

Chuck Coppa, American Power Group's chief financial officer,
stated, "The expansion and extension of our primary credit
facility through 2021 clearly demonstrates Iowa State Bank's
continued support of our business plan and strategic direction.
The implementation of a new working capital line provides us
access to $500,000 of additional working capital not previously
available."

Lyle Jensen, American Power Group's CEO commented, "Being able to
move a significant amount of our debt from short-term to long-term
coupled with a new working capital line of credit are critical
pieces of our business model in supporting the planned CY
2015/2016 growth previously discussed in our investor conference
calls and at the last two Annual Meetings.  We are seeing an
increase in the number of new customers being booked in the United
States and aound the world, which combined with the increasing
number of follow-one orders from early-adopter customers,
positions us well as we enter fiscal 2015.  We greatly appreciate
Iowa State Bank's continued support and cooperation in helping us
become a leader in an alternative fuel market that is grounded by
our proven economics and product performance realiability."

Specific details of this transaction can be found in the Company's
8-K filed with the U.S. Securities and Exchange Commission, which
is available for free at http://is.gd/sMhQJO

                    About American Power Group

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

As of June 30, 2014, the Company had $9.58 million in total
assets, $5.67 million in total liabilities and $3.90 million in
total stockholder's equity.

American Power incurred a net loss available to common
stockholders of $2.92 million for the year ended Sept. 30, 2013,
following a net loss available to common stockholders of $14.66
million for the year ended Sept. 30, 2012.  The Company reported a
net loss available to common shareholders of $6.81 million for the
year ended Sept. 30, 2011.


AMPLIPHI BIOSCIENCES: Amends Baxter Phillips Employment Agreement
-----------------------------------------------------------------
AmpliPhi Biosciences Corporation amended its employment offer
letter, dated Oct. 7, 2013, with Baxter Phillips, III, the
Company's vice president, corporate strategy and business
development.  Pursuant to this amendment, as of Oct. 22, 2014, Mr.
Phillips will serve as chief business officer of the Company.

His base salary will be $250,000 per year.  If Mr. Phillips
continues to be an employee of the Company on June 1, 2015, he
will be eligible to receive a $50,000 bonus to be paid within 30
days of that date.

                          About AmpliPhi

AmpliPhi Biosciences Corp. is a biopharmaceutical company that
develops bacteriophage-based therapeutics.  It also develops an
internally generated pipeline of naturally occurring viruses
called bacteriophage (Phage) for the treatment of bacterial
infection, such as drug-resistant strains of bacteria that are
commonly found in the hospital setting.  The company's Phage
discovery also focuses on acute & chronic lung, sinus and
gastrointestinal infections.  AmpliPhi Biosciences was founded in
March 1989 and is headquartered in Glen Allen, Virginia.

The Company reported a net loss of $57.65 million on $325,000 of
total revenue for the year ended Dec. 31, 2013, compared with a
net loss of $1.11 million on $664,000 of total revenue in 2012.

The Company's balance sheet at Dec. 31, 2013, showed
$37.85 million in total assets, $53.25 million in total
liabilities, and a stockholders' deficit of $15.4 million.

PBMares, LLP, in Richmond, Virginia, issued a "going concern"
qualification on the consolidated financial statements for the
year ended Dec. 31, 2013.  The independent auditors noted that
the Company has had recurring losses from operations and has an
accumulated deficit that raise substantial doubt about its ability
to continue as a going concern.


ANACOR PHARMACEUTICALS: Incurs $31 Million Q3 Net Loss
------------------------------------------------------
Anacor Pharmaceuticals, Inc., reported a net loss of $31.34
million on $3.95 million of total revenues for the three months
ended Sept. 30, 2014, compared to a net loss of $16.81 million on
$3.61 million of total revenues for the same period in 2013.

For the nine months ended Sept. 30, 2014, the Company reported a
net loss of $77.02 million on $11.04 million of total revenues
compared to a net loss of $45.98 million on $8.74 million of total
revenues for the nine months ended Sept. 30, 2013.

"2014 continues to be a productive year for Anacor.  In the third
quarter we achieved three important milestones -- our first drug,
KERYDINTM, was approved by the FDA for the topical treatment of
onychomycosis of the toenails; we entered into an exclusive
agreement with Sandoz to commercialize KERYDIN in the United
States; and finally, KERYDIN was launched in the United States by
Sandoz through PharmaDerm, Sandoz's branded dermatology division,
and we are pleased with the uptake in the market," said Paul
Berns, chairman and chief executive officer of Anacor.  "In
addition, we continue to focus on the pivotal Phase 3 studies of
AN2728 for mild-to-moderate atopic dermatitis and expect to
announce top-line data in the second half of 2015."

Cash, cash equivalents and investments totaled $148.9 million at
Sept. 30, 2014, compared to $166.8 million at Dec. 31, 2013.

A full-text copy of the press release is available at:

                        http://is.gd/3hLcIt

                     About Anacor Pharmaceuticals

Palo Alto, Calif.-based Anacor Pharmaceuticals (NASDAQ: ANAC) is a
biopharmaceutical company focused on discovering, developing and
commercializing novel small-molecule therapeutics derived from its
boron chemistry platform.  Anacor has discovered eight compounds
that are currently in development.  Its two lead product
candidates are topically administered dermatologic compounds -
tavaborole, an antifungal for the treatment of onychomycosis, and
AN2728, an anti-inflammatory PDE-4 inhibitor for the treatment of
atopic dermatitis and psoriasis.

For the six months ended June 30, 2014, Anacor reported a net
loss of $45.68 million.

Anacor reported net income of $84.76 million in 2013, a net loss
of $56.08 million in 2012 and a net loss of $47.94 million in
2011.


AOXING PHARMACEUTICAL: Sold 4.5 Common Shares to Employees
----------------------------------------------------------
Aoxing Pharmaceutical Company, Inc., on Nov. 5, 2014, sold to 22
of its employees a total of 4,527,830 shares of common stock for a
total of $1,177,235 or $0.26 per share, the Company disclosed in a
regulatory filing with the U.S. Securities and Exchange
Commission.

Included among the 22 employee-purchasers were the following
related parties:

Purchaser         Relationship                       Shares
---------         ------------                      -------
Guoan Zhang        Acting Chief Financial Officer   356,473
Yujia Yue          Niece of CEO                      18,762
Yifa Yue           Son of CEO                       406,504

The remainder of the purchasers are also employees of the Company,
including several non-executive members of management.

The related party transactions were approved by the Audit
Committee of the Company's Board of Directors.

                            About Aoxing

Aoxing Pharmaceutical Company, Inc., is a Jersey City, New Jersey-
based specialty pharmaceutical company.  The Company is engaged in
the development, production and distribution of pain-management
products, narcotics and other drug-relief medicine.

In its report on the consolidated financial statements for the
year ended June 30, 2014, BDO China Shu Lun Pan Certified Public
Accountants LLP expressed substantial doubt about the Company's
ability to continue as a going concern, citing that the Company
continues to incur losses from operations, has negative cash flow
from operations and a working capital deficit.

The Company reported a net loss of $8.63 million for the fiscal
year ended June 30, 2014, compared to a net loss of $17.29 million
last year.  The Company's balance sheet at June 30, 2014, showed
$38.07 million in total assets, $42.08 million in total
liabilities and a stockholders' deficit of $4.01 million.


APPLIED MINERALS: Samlyn Capital Holds 19.7% Equity Stake
---------------------------------------------------------
In an amended Schedule 13D filed with the U.S. Securities and
Exchange Commission, Samlyn Capital, LLC, and its affiliates
disclosed that as of Nov. 3, 2014, they beneficially owned
20,869,565 shares of common stock of Applied Minerals, Inc.,
representing 19.7 percent of the shares outstanding.  A copy of
the regulatory filing is available at http://is.gd/VUjgrR

                        About Applied Minerals

New York City-based Applied Minerals, Inc. (OTC BB: AMNL) is a
leading global producer of halloysite clay used in the development
of advanced polymer, catalytic, environmental remediation, and
controlled release applications.  The Company operates the Dragon
Mine located in Juab County, Utah, the only commercial source of
halloysite clay in the western hemisphere.  Halloysite is an
aluminosilicate clay that forms naturally occurring nanotubes.

Applied Minerals incurred a net loss of $9.73 million in 2012 as
compared with a net loss of $7.43 million in 2011.

As of March 31, 2014, the Company had $13.49 million in total
assets, $12.04 million in total liabilities and $1.45 million in
total stockholders' equity.


APSCO APPLIANCE: Files for Chapter 11 Bankruptcy Protection
-----------------------------------------------------------
APSCO Appliance & TV Centers Inc. filed for Chapter 11 bankruptcy
protection on Wednesday in the U.S. District Court for the Middle
District of Florida, Pam Huff at Tampa Bay Business Journal
reports.

Jeff Harrington at Tampa Bay Times relates that APSCO Appliance
estimated its assets and debts at between $1 million and $10
million each.  The report says that APSCO Appliance's unsecured
creditors include, among others: (a) GE Commercial Distribution
Finance Corp. -- its biggest unsecured creditor, owed $714,000;
(b) TCF Inventory Finance; and (c) the Tampa Bay Times.  The
report adds that Wells Fargo has a $791,000 total claim, $709,000
of it secured.

Business Journal states that APSCO Appliance's bankruptcy petition
was filed a week after GE Commercial filed a complaint in the U.S.
District Court for the Middle District of Florida on Nov. 4, 2014,
seeking close to $715,000 it claims it's owed by the local
company.  GE Commercial, says Business Journal, claimed that it
provided financing in 2012 for APSCO Appliance's purchase of
inventory.  According to court documents, GE Commercial extended
credit to APSCO Appliance but claims the retailer defaulted on
certain conditions of the agreement.  Business Journal relates
that forebearances have been agreed upon over time, and that GE
Commercial started sending default notices to APSCO Appliance in
summer 2014.

GE Commercial, court documents show, was seeking repossession of
the inventory, which it claims is at the Clearwater location of
APSCO Appliance.

APSCO Appliance & TV Centers Inc. is an appliance retailer based
in Clearwater.  It has five Tampa Bay locations.  APSCO is co-
owned by Alfred Greco and the estate of Darrell C. Hoag.


APSCO APPLIANCE: Case Summary & 16 Unsecured Creditors
------------------------------------------------------
Debtor: APSCO Appliance & TV Centers, Inc.
           dba APSCO Appliance Centers
        4520 East Bay Drive
        Clearwater, FL 33764

Case No.: 14-13283

Chapter 11 Petition Date: November 12, 2014

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

Judge: Hon. Peek McEwen

Debtor's Counsel: David S Jennis, Esq.
                  JENNIS & BOWEN, P.L.
                  400 North Ashley Drive, Suite 2540
                  Tampa, FL 33602
                  Tel: (813) 229-1700
                  Fax: (813) 229-1707
                  Email: ecf@jennisbowen.com

                     - and -

                  Kathleen L DiSanto, Esq.
                  JENNIS & BOWEN, P.L.
                  400 North Ashley Drive, Suite 2540
                  Tampa, FL 33602
                  Tel: (813) 229-1700
                  Fax: 813-229-1707
                  Email: ecf@jennisbowen.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Laura Greco, vice president.

A list of the Debtor's 16 largest unsecured creditors is available
for free at http://bankrupt.com/misc/flmb14-13283.pdf


ARKANOVA ENERGY: Extends Aton Note Maturity Date to Dec. 2016
-------------------------------------------------------------
Arkanova Energy Corporation and its wholly owned subsidiary,
Arkanova Acquisition Corporation, entered into a note amendment
agreement with Aton Select Funds Limited to be effective Nov. 1,
2014, whereby the parties agreed:

   (a) the maturity date under the amended and restated secured
       promissory note issued by Arkanova Corp. to Aton as of
       Feb. 6, 2013, as amended Nov. 15, 2013, will be extended
       from Dec. 31, 2015, to Dec. 31, 2016;

   (b) the current outstanding accrued interest under the Note
       equal to US$677,836 will be added to the principal amount
       of the Note;

   (c) Aton will loan to Acquisition Corp. an additional
       US$2,475,000 such that the outstanding balance under the
       Note equals US$14,963,861; and

   (d) the sections of the Note with respect to payment of
       interest in shares of the Company's common be deleted such
       that interest payments in shares of the Company's common
       stock is no longer allowed.

A copy of the Note Amendment Agreement is available at:

                        http://is.gd/UpPL0S

                          About Arkanova

Austin, Tex.-based Arkanova Energy Corporation is a junior
producing oil and gas company and is also engaged in the
acquisition, exploration and development of prospective oil and
gas properties.  It holds mineral leases in Delores County, Lone
Mesa State Park, Colorado and leasehold interests located in
Pondera and Glacier Counties, Montana.

In their report on the consolidated financial statements for the
fiscal year ended Sept. 30, 2013, MaloneBailey LLP expressed
substantial doubt about its ability to continue as a going
concern, citing that the Company has incurred cumulative losses
since inception and has negative working capital.

The Company's balance sheet at June 30, 2014, showed $3.29 million
in total assets, $14.35 million in total liabilities and a $11.06
million total stockholders' deficit.


ARMORWORKS ENTERPRISES: Three New Committee Members Appointed
-------------------------------------------------------------
The U.S. Trustee for Region 14 has appointed three new members to
Armorworks Enterprises, LLC's official committee of unsecured
creditors.

The three unsecured creditors appointed to the committee are:

     (1) Gehring Tricot Corporation
         William J. Rowan
         68 Ransom St.
         Dolgeville, NY 13329
         Telephone: (717) 578-5058
         Email: Browan@gehringtextiles.com

     (2) Morgan Advanced Materials
         John Robuck
         441 Hall Ave.
         St. Marys, PA 15857
         Telephone: (814) 781-9200
         Facsimile: (814) 781-9206
         Email: john.robuck@morganpic.com

     (3) Long Range Services
         Steve Reichert
         102 W. Loon Court
         Hampstead, NC 28443
         Telephone: 646-460-0156
         E-mail: S.Reichert@LongRangeServices.com

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense.  They may investigate the debtor's business and financial
affairs.  Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.


AUDATEX HOLDINGS: Moody's Lowers Corporate Family Rating to Ba3
---------------------------------------------------------------
Moody's Investors Service downgraded the Corporate Family Rating
("CFR") of Audatex Holdings, LLC and the senior unsecured notes
rating of Audatex North America, Inc ("Audatex" or "Solera") to
Ba3, from Ba2, upon the announcement that Audatex will be issuing
between $350 and $450 million of tack-on notes, the proceeds of
which, along with balance sheet cash, are expected to effect a
strategic acquisition. Solera's SGL-1 liquidity rating and Ba2-PD
probability of default rating were affirmed, and the outlook
remains stable.

Ratings Rationale

With the combined effect of ramped up share buybacks, dividends,
and debt-financed acquisitions, Audatex has demonstrated a more
aggressive financial policy marked by persistently high (above
5.0x) debt-to-EBITDA (including Moody's adjustments), and
declining free cash flow even as the company's scale grows. The
contemplated acquisition is consistent with the company's strategy
of moving beyond its core expertise in automotive P&C claims
processing while staying within an overarching data, software, and
connectivity business model. However, the proposed transaction
will also have the effect of keeping Solera's pro-forma leverage
meaningfully above 5.0x, including Moody's adjustments, a level
that is high compared to many other business services companies
with a Ba3 CFR.

In order to realize its stated Mission 2020 goal of $2 billion in
revenue and $840 million in adjusted EBITDA by Solera's 2020
fiscal year, the company has been actively pursuing acquisitions,
often at very high purchase multiples. While it has thus far
realized noteworthy success in integrating acquisitions and
retaining its strong, approximately 40% EBITDA margins, its
absolute level of FCF has fallen (albeit moderately) over the past
several years, even as its top line and profits have grown. An
escalating level of cash outflows for dividends and stock
repurchases underscores the company's comfort with shareholder-
favorable policies.

Financial policies notwithstanding, Solera enjoys an enviable,
market-leading competitive position marked by geographic and
customer diversity, and excellent revenue visibility and
recurrence, which are supported by favorable demographic and
technological trends. Moody's stable outlook anticipates
continued, steady organic revenue growth at the mid-single-digit
level with roll-out of added services to existing customers and
growing claims volumes in developing markets; consistent, high
adjusted EBITDA margins of roughly 40%; steady interest coverage
and free-cash-flow-to-debt measures of about 3.0 times and 6.0%,
respectively; and increased revenue and profits from acquisitions.
Ratings could be downgraded if the company undertakes acquisitions
that, after integration, fail to realize targeted margins, if
Moody's expects debt-to-EBITDA to be sustained at around the 5.5x
level, or if Moody's expects annual free cash flow to fall below
approximately $100 million.

Downgrades:

Issuer: Audatex Holdings, LLC

   Corporate Family Rating (Local Currency), Downgraded to Ba3
   from Ba2

Issuer: Audatex North America, Inc

   Senior unsecured notes due 2021, 2023, downgraded to Ba3, from
   Ba2

Outlook Actions:

Issuer: Audatex Holdings, LLC and Audatex North America, Inc

Outlook, Remains Stable

Affirmations:

Issuer: Audatex Holdings, LLC

Probability of Default Rating, Affirmed Ba2-PD

Speculative Grade Liquidity Rating, Affirmed SGL-1

Audatex Holdings. LLC ("Audatex") is a wholly-owned subsidiary of
Solera Holdings, Inc. ("Solera", ticker: SLH) and a leading,
global provider of software and services to the automobile
insurance-claims-processing and decision- support industries.
Customers for automobile insurance-claims-processing solutions
include automobile insurance companies, collision repair
facilities, appraisers, and dealers. Moody's expects revenues,
with the benefit of significant recent acquisitions, of almost
$1.2 billion for the 2015 fiscal year (ending in June 2015).

The principal methodology used in these ratings was Global
Business & Consumer Service Industry Rating Methodology published
in October 2010. Other methodologies used include Loss Given
Default for Speculative-Grade Non-Financial Companies in the U.S.,
Canada and EMEA published in June 2009.


BIOLIFE SOLUTIONS: Incurs $900,000 Net Loss in Third Quarter
------------------------------------------------------------
BioLife Solutions, Inc., filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q reporting a
net loss of $862,455 on $1.24 million of total revenue for the
three months ended Sept. 30, 2014, compared to a net loss of
$309,910 on $2.17 million of total revenue for the same period in
2013.

For the nine months ended Sept. 30, 2014, the Company reported a
net loss of $2.30 million on $4.52 million of total revenue
compared to a net loss of $599,592 on $6.66 million of total
revenue for the same period last year.

As of Sept. 30, 2014, the Company had $14.25 million in total
assets, $1.58 million in total liabilities and $12.66 million in
total shareholders' equity.

On Sept. 30, 2014, the Company had $11,019,342 in cash, cash
equivalents and short term investments, compared to cash and cash
equivalents of $156,273 at Dec. 31, 2013.  The Company believes
that its current level of cash and cash equivalents will be
sufficient to meet its liquidity needs for the foreseeable future.
The Company expects to have ongoing cash requirements which the
Company plans to fund through total available liquidity and cash
flows generated from operations.

Mike Rice, BioLife's President & CEO, said, "In the third quarter
we continued to execute on driving continued adoption of our
proprietary clinical grade biopreservation media products and
investing to build out the infrastructure for biologistex, the
cold chain management services joint venture we formed with SAVSU
Technologies.  This is a very exciting phase in BioLife's
corporate development.  We look forward to leveraging the strong
franchise we have built in the regenerative medicine market with
sales of our complementary biologistex offering.  Yield,
stability, and quality of biologics are critical determinants of
efficacy and commercialization success for our customers and it?s
rewarding to see our key markets realize this and recognize the
value our products and services provide."

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

                        http://is.gd/dwL6du

                      About BioLife Solutions

Bothell, Washington-based BioLife Solutions, Inc., develops and
markets patented hypothermic storage and cryo-preservation
solutions for cells, tissues, and organs, and provides contracted
research and development and consulting services related to
optimization of biopreservation processes and protocols.

BioLife Solutions incurred a net loss of $1.08 million in 2013,
a net loss of $1.65 million in 2012, and a net loss of $1.95
million in 2011.


BOOMERANG SYSTEMS: Tender Offer Expired October 31
--------------------------------------------------
Boomerang Systems, Inc., filed a Tender Offer Statement on
Schedule TO originally with the Securities and Exchange Commission
on July 11, 2014, as amended, relating to the right of holders of
certain of its unsecured convertible promissory notes and
outstanding warrants to purchase common stock to exchange those
notes and warrants for shares of common stock of the Company.

The Offer terminated at 11:59 p.m., Eastern time, on Oct. 31,
2014.  The Offer was open to all holders of Eligible Securities,
including any of the Company's directors, officers and affiliates
who are holders of those warrants.  The terms of the Offer were
equally applicable to the Company's directors, officers and
affiliates as to any other holder of Eligible Securities.

The Eligible Securities consisted of:

   * First Tranche Units consisting of $100,000 principal amount
     of First Tranche Eligible Note and First Tranche Eligible
     Warrants to purchase 25,317 shares of common stock of the
     Company, or a pro-rata portion thereof (after giving effect
     to anti-dilution adjustments to the initial exercise price of
     $4.25 per share).  The "First Tranche Eligible Notes" refers
     to the 6% Convertible Promissory Notes due Nov. 1, 2016,
     Nov. 18, 2016, and Dec. 9, 2016 respectively, convertible at
     a price of $3.95 per share.  The "First Tranche Eligible
     Warrants" refers to the warrants to purchase shares of common
     stock of the Company expiring on Nov. 1, 2016, Nov. 18, 2016,
     and Dec. 9, 2016 respectively, exercisable at a price of
     $3.95 per share;

   * Second Tranche Units consisting of $100,000 principal amount
     of Second Tranche Eligible Note and Second Tranche Eligible
     Warrants to purchase 21,740 shares of common stock of the
     Company, or a pro-rata portion thereof (after giving effect
     to anti-dilution adjustments to the initial exercise price of
     $5.00 per share).  The "Second Tranche Eligible Notes" refers
     to the 6% Convertible Promissory Notes due June 14, 2017,
     convertible at a price of $4.60 per share.  The "Second
     Tranche Eligible Warrants" refers to the warrants to purchase
     shares of common stock of the Company expiring on June 14,
     2017, exercisable at a price of $4.60 per share;

   * Third Tranche Units consisting of $100,000 principal amount
     of Third Tranche Eligible Note and Third Tranche Eligible
     Warrants to purchase 21,552 shares of common stock of the
     Company, or a pro-rata portion thereof (after giving effect
     to anti-dilution adjustments to the initial exercise price of
     $5.00 per share).  The "Third Tranche Eligible Notes" refers
     to the 6% Convertible Promissory Notes due Dec. 31, 2017,
     convertible at a price of $4.64 per share.  The "Third
     Tranche Eligible Warrants" refers to the warrants to purchase
     shares of common stock of the Company expiring on Dec. 31,
     2017, exercisable at a price of $4.64 per share;

A full-text copy of the Form 8-K Report is available at:

                        http://is.gd/IDan6f

                      About Boomerang Systems

Headquartered in Morristown, New Jersey, Boomerang Systems, Inc.
(Pink Sheets: BMER) through its wholly owned subsidiary, Boomerang
Utah, is engaged in the design, development, and marketing of
automated racking and retrieval systems for automobile parking and
automated racking and retrieval of containerized self-storage
units.

Boomerang Systems incurred a net loss of $11.22 million for the
year ended Sept. 30, 2013, following a net loss of $17.42 million
for the year ended Sept. 30, 2012.

As of June 30, 2014, the Company had $5.54 million in total
assets, $24.56 million in total liabilities and a $19.02 million
total stockholders' deficit.

                         Bankruptcy Warning

"Our operations may not generate sufficient cash to enable us to
service our debt.  If we were to fail to make any required payment
under the Loan Agreement, notes and agreements governing our
indebtedness or fail to comply with the covenants contained in the
Loan Agreement, notes and agreements, we would be in default.  A
debt default could significantly diminish the market value and
marketability of our common stock and could result in the
acceleration of the payment obligations under all or a portion of
our consolidated indebtedness, or a renegotiation of our Loan
Agreement with more onerous terms and/or additional equity
dilution.  If the debt holders were to require immediate payment,
we might not have sufficient assets to satisfy our obligations
under the Loan Agreement, notes or our other indebtedness.  It may
also enable their lenders under the Loan Agreement to foreclose on
the Company's assets and/or its ownership interests in its
subsidiaries.  In such event, we could be forced to seek
protection under bankruptcy laws, which could have a material
adverse effect on our existing contracts and our ability to
procure new contracts as well as our ability to recruit and/or
retain employees.  Accordingly, a default could have a significant
adverse effect on the market value and marketability of our common
stock," the Company said in the annual report for the year ended
Sept. 30, 2013.


BUILDERS FIRSTSOURCE: Registers 49.2MM Common Shares Prospectus
---------------------------------------------------------------
Builders FirstSource, Inc., filed with the U.S. Securities and
Exchange Commission a Form S-3 registration statement relating to
the offer of up to 49,207,850 shares of the common stock of
Builders FirstSource, Inc., by certain of its stockholders.

This registration statement is (i) a new registration statement
with respect to the offer and sale of an aggregate of 24,344,584
shares of common stock of the Company that may be offered by the
selling stockholders and (ii) a post-effective amendment to a
registration statement on Form S-3 filed on Nov. 27, 2013, and
declared effective on Dec. 9, 2013, or the Original Registration
Statement, that registered for offer and sale by the selling
stockholders an aggregate of 24,863,266 shares of common stock of
the Company, or the Original Shares, that have not yet been sold
by such selling stockholders.

The Company's common stock is traded on the NASDAQ Global Select
Market under the symbol "BLDR."  On Nov. 5, 2014, the last
reported sale price of the Company's common stock on NASDAQ was
$5.925.

A copy of the Form S-3 prospectus is available for free at:

                         http://is.gd/TaaPEy

                     About Builders FirstSource

Headquartered in Dallas, Texas, Builders FirstSource Inc. --
http://www.bldr.com/-- supplies and manufactures building
products for residential new construction.  The Company operates
in nine states, principally in the southern and eastern United
States, and has 55 distribution centers and 51 manufacturing
facilities, many of which are located on the same premises as its
distribution facilities.

Builders Firstsource reported a net loss of $42.69 million on
$1.48 billion of sales for the year ended Dec. 31, 2013, as
compared with a net loss of $56.85 million on $1.07 billion of
sales in 2012.  The Company incurred a $64.99 million net loss in
2011.

The Company's balance sheet at Sept. 30, 2014, showed $609.34
million in total assets, $574.10 million in total liabilities and
$35.23 million in total stockholders' equity.

                           *     *     *

As reported by the TCR on May 15, 2013, Standard & Poor's Ratings
Services Inc. said it raised its corporate credit rating on
Dallas-based Builders FirstSource to 'B' from 'CCC'.  "The upgrade
acknowledges U.S.-based building materials manufacturer and
distributor Builders FirstSource Inc.'s 'strong' liquidity based
on the company's proposed recapitalization," said Standard &
Poor's credit analyst James Fielding.

In the May 13, 2014, edition of the TCR, Moody's Investors Service
upgraded Builders FirstSource, Inc.'s ("BLDR") Corporate Family
Rating to B3 from Caa1.  The upgrade reflects Moody's expectation
that BLDR's operating performance will continue to benefit from
improved housing construction, repair and remodeling.


BUILDERS FIRSTSOURCE: Appoints Chad Crow as President and COO
-------------------------------------------------------------
Builders FirstSource, Inc.'s Board of Directors had appointed Chad
Crow, currently senior vice president and chief financial officer,
to the position of president and chief operating officer.

Commenting on the appointment, Floyd Sherman, chief executive
officer, said, "Over the past fifteen years, Chad has been an
integral part of our management team.  From our rapid growth in
the early 2000's, through our initial public offering in 2005,
throughout the housing recession and to present day, Chad has been
an invaluable member of our management team.  He is well-respected
across our organization and in the investment community.  His
financial background, operational knowledge and leadership style
will help our company continue to flourish as a leader in the
building products distribution space."

Mr. Crow joined Builders FirstSource in 1999 as assistant
controller and was promoted to vice president & controller in
2000.  In 2009, Mr. Crow was promoted to senior vice president &
chief financial officer.  Prior to joining Builders FirstSource,
he served in various positions at Pier One Imports.  Prior to Pier
One, Mr. Crow spent five years at Price Waterhouse.  Mr. Crow is a
CPA and received his B.B.A. degree in accounting from Texas Tech
University in 1990.

The Company will conduct a search for a new chief financial
officer.  Mr. Crow will also continue serving in that role until
his replacement is found.

In connection with his appointment to the new position, Mr. Crow's
base salary was increased to $600,000 per year.

                     About Builders FirstSource

Headquartered in Dallas, Texas, Builders FirstSource Inc. --
http://www.bldr.com/-- supplies and manufactures building
products for residential new construction.  The Company operates
in nine states, principally in the southern and eastern United
States, and has 55 distribution centers and 51 manufacturing
facilities, many of which are located on the same premises as its
distribution facilities.

Builders Firstsource reported a net loss of $42.69 million on
$1.48 billion of sales for the year ended Dec. 31, 2013, as
compared with a net loss of $56.85 million on $1.07 billion of
sales in 2012.  The Company incurred a $64.99 million net loss in
2011.

The Company's balance sheet at Sept. 30, 2014, showed $609.34
million in total assets, $574.10 million in total liabilities and
$35.23 million in total stockholders' equity.

                           *     *     *

As reported by the TCR on May 15, 2013, Standard & Poor's Ratings
Services Inc. said it raised its corporate credit rating on
Dallas-based Builders FirstSource to 'B' from 'CCC'.  "The upgrade
acknowledges U.S.-based building materials manufacturer and
distributor Builders FirstSource Inc.'s 'strong' liquidity based
on the company's proposed recapitalization," said Standard &
Poor's credit analyst James Fielding.

In the May 13, 2014, edition of the TCR, Moody's Investors Service
upgraded Builders FirstSource, Inc.'s ("BLDR") Corporate Family
Rating to B3 from Caa1.  The upgrade reflects Moody's expectation
that BLDR's operating performance will continue to benefit from
improved housing construction, repair and remodeling.


CAESARS ENTERTAINMENT: May Put Unit in Bankruptcy in January 2015
-----------------------------------------------------------------
Caesars Entertainment Corp. made an agreement with creditors for a
debt restructuring plan that involves filing for a prearranged
Chapter 11 bankruptcy for one of its largest units, Caesars
Entertainment Operating Co., on Jan. 14, 2015, George Zack at
Bidnessetc.com reports, citing sources familiar with talks between
the company and senior creditors.

Bidnessetc.com relates that the Company negotiated a plan with
first-lien bondholders, which include Pacific Investment
Management Co. and Paul Singer's Elliott Management Corp.
According to the report, a source said that first-lien bondholders
will have a recovery of 90 cents on the dollar from Caesars
Entertainment Operating Company.  The report adds that the
bondholders will also get a combination of new securities, cash
and equity from Caesars Entertainment Operating Co.

According to Kolotv.com, the Company seeks to lessen a debt burden
of $23 billion taken on in 2008 when the Company went private via
Apollo Global Management and TPG Capital.

"They have to make first-lien creditors believe it's going to be
really safe when they file.  The creditors have a lot of control
here.  If they can't get first-lien creditors to go along, they
have a real problem," Bidnessetc.com quoted Ronald Mann, a
Columbia University Law School Professor, as saying.

Bidnessetc.com reports that filing on Jan. 14 will allow the
Company to avoid a payment of $225 million on a one-day window,
but the Company might face involuntary bankruptcy if it fails to
pay $4.5 billion of second-lien notes which is due on Dec. 15,
with a grace period of 30 days.

                     About Caesars Entertainment

Caesars Entertainment Corp., formerly Harrah's Entertainment Inc.
-- http://www.caesars.com/-- is one of the world's largest casino
companies.  Caesars casino resorts operate under the Caesars,
Bally's, Flamingo, Grand Casinos, Hilton and Paris brand names.
The Company has its corporate headquarters in Las Vegas.

Harrah's announced its re-branding to Caesar's in mid-November
2010.

Caesars Entertainment reported a net loss of $2.93 billion in
2013, as compared with a net loss of $1.50 billion in 2012.

                           *     *     *

As reported by the TCR on April 9, 2013, Moody's Investors Service
downgraded Caesars Entertainment Corporation's Corporate Family
Rating to Caa2.

"The downgrade of Caesars' ratings considers that its same store
EBITDA growth in 2012-2013 has failed to materialize to any
significant degree, and so Caesars' credit metrics have
deteriorated and its free cash flow deficit will be higher than
Moody's previous expectations," stated Moody's analyst Peggy
Holloway.

In the April 10, 2014, edition of the TCR, Standard & Poor's
Ratings Services lowered its corporate credit ratings on Las
Vegas-based Caesars Entertainment Corp. (CEC) and wholly owned
subsidiaries, Caesars Entertainment Operating Co. (CEOC) and
Caesars Entertainment Resort Properties (CERP), as well
as the indirectly majority-owned Chester Downs and Marina, to
'CCC-' from 'CCC+'.  The downgrade reflects S&P's expectation that
Caesars' capital structure is unsustainable, and the amount of
cash the company will burn in 2014 and 2015 creates conditions
under which S&P believes a restructuring of some form is
increasingly likely over the near term absent an unanticipated
significantly favorable change in operating performance.

As reported by the TCR on May 1, 2014, Fitch Ratings had
downgraded the Issuer Default Ratings (IDRs) of Caesars
Entertainment Corp (CEC) and Caesars Entertainment
Operating Company (CEOC) to 'CC' from 'CCC'.


CDW LLC: S&P Raises Corp. Credit Rating to 'BB'; Outlook Positive
-----------------------------------------------------------------
Standard & Poor's Ratings Services raised its corporate credit
rating on Vernon Hills, Ill.-based CDW LLC to 'BB' from 'BB-'.
The outlook is positive.

At the same time, S&P raised the ratings on CDW's senior secured
debt to 'BB+' from 'BB' and on its senior unsecured debt to 'B+'
from 'B'.

"The upgrade reflects our revision of CDW's business risk profile
to 'satisfactory' from 'fair,' incorporating our assessment of the
company's consistent revenue growth and strategic execution and
above-average profitability," said Standard & Poor's credit
analyst Martha Toll-Reed.  In addition, S&P revised its view of
the company's financial risk profile to "significant" from
"aggressive," incorporating improved debt protection metrics and
S&P's view that a financial sponsor no longer controls the
company.

CDW is the leading value-added provider of IT products, solutions,
and services to business, government, education, and health care
customers in the U.S. and Canada.  The company reaches its
existing and prospective customers through online, broadcast,
print, social and other media, e-mail, events and sponsorships,
and a direct sales force. CDW's "satisfactory" business risk
profile reflects the company's good position in the highly
fragmented reseller market for technology products and services,
and narrow but improving geographic presence.  Relatively low-
margin characteristics in the technology hardware distribution
industry and vulnerability to potential IT spending weakness
partially offset these factors.

CDW reported revenues of $3.3 billion for the quarter ended
Sept. 30, 2014, up 14% from the prior year period.  Revenues grew
across all segments, with notable strength in CDW's education
segment.  S&P expects adjusted last-12-month EBITDA margins to
remain in the mid-7% range, supported by management's demonstrated
ability to control costs in highly competitive markets.  S&P views
CDW's EBITDA margins and return on capital levels to be "above
average" for the technology distribution sector, and the company's
volatility of profitability to be "low".

"Our revision of CDW's financial risk profile to "significant"
from "aggressive" reflects material debt reductions and capital
structure improvements since the company's mid-2013 IPO.  Leverage
has improved to 3.3x (including our surplus cash adjustment) as of
Sept. 30, 2014, down from 4.0x in fiscal 2013.  We expect moderate
additional leverage reductions over the next 12 months,
incorporating CDW's consistent revenue and EBITDA growth and
management's stated intention to continue to reduce leverage.  In
addition, we expect CDW to manage its expanded shareholder
returns, including newly authorized share repurchases, so as to
maintain adjusted leverage below 3.5x in the near term," S&P said.

The positive outlook reflects S&P's expectation that CDW will
maintain consistent revenue and EBITDA growth with positive free
operating cash flow, resulting in leverage below 3x in the near
term.  In addition, S&P expects CDW to maintain a balanced
approach to acquisitions and shareholder returns while maintaining
its 2.5x to 3x net leverage target.

S&P could raise the rating in the near term if consistent revenue
and EBITDA growth enable CDW to sustain an "intermediate"
financial risk profile, with leverage sustained below 3x.

Although not expected in the near term, S&P could revise the
outlook to stable if a decline in IT spending caused revenues,
EBITDA, and cash flow to decline, with leverage in excess of 3.5x.


CENTRAL OKLAHOMA: Wants Until Feb. 16 to Propose Chapter 11 Plan
----------------------------------------------------------------
Central Oklahoma United Methodist Retirement Facility, Inc., doing
business as Epworth Villa, asks the Bankruptcy Court to extend its
exclusive period to file a chapter 11 plan until Feb. 16, 2015,
and solicit acceptances for that plan until April 14.

The Debtor's exclusive plan filing period will expire on Nov. 17.

The Debtor is represented by:

         G. Blaine Schwabe, III, Esq.
         GABLEGOTWALS
         One Leadership Square, 15th Floor
         211 North Robinson
         Oklahoma City, OK 73102-7101
         Tel: (405) 235-5589
         Fax: (405) 235-2875
         E-mail: gschwabe@gablelaw.com

                   and

         Sidney K. Swinson, Esq.
         Mark D.G. Sanders, Esq.
         Brandon C. Bickle, Esq.
         GABLEGOTWALS
         1100 ONEOK Plaza
         100 West Fifth Street
         Tulsa, OK 74103
         Tel: (918) 595-4800
         Fax: 918.595.4990
         E-mails: sswinson@gablelaw.com
                  msanders@gablelaw.com
                  bbickle@gablelaw.com

             About Central Oklahoma United Methodist

Central Oklahoma United Methodist Retirement Facility, Inc., dba
Epworth Villa, sought protection under Chapter 11 of the
Bankruptcy Code on July 18, 2014 (Case No. 14-12995, Bankr. W.D.
Okla.).  The case is before Judge Sarah A. Hall.

The Debtor's counsel is Brandon Craig Bickle, Esq., Sidney K.
Swinson, Esq., and Mark D.G. Sanders, Esq., at Gable & Gotwals,
P.C., in Tulsa, Oklahoma; and G. Blaine Schwabe, III, Esq., at
Gable & Gotwals, P.C., in Oklahoma City, Oklahoma.


CHASE HOLDINGS: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Chase Holdings LLC
        PO Box 15596
        Lenexa, KS 66285

Case No.: 14-22704

Chapter 11 Petition Date: November 12, 2014

Court: United States Bankruptcy Court
       District of Kansas (Kansas City)

Debtor's Counsel: George J. Thomas, Esq.
                  PHILLIPS & THOMAS LLC
                  5200 West 94th Terrace, Suite 200
                  Prairie Village, KS 66207
                  Tel: (913) 385-9900
                  Email: geojthomas@gmail.com

Total Assets: $2.31 million

Total Liabilities: $1.62 million

The petition was signed by Jason Ellis, member and manager.

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


CHATAND INC: Has $662K Net Loss in Sept. 30 Quarter
---------------------------------------------------
chatAND, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q, disclosing a net
loss of $662,028 on $nil of total revenue for the three months
ended Sept. 30, 2014, compared with a net loss of $36,080 on $nil
of total revenue for the same period in the prior year.

The Company's balance sheet at Sept. 30, 2014, showed $1.6 million
in total assets, $1.21 million in total liabilities and total
stockholders' equity of $386,599.

The Company has not established sources of revenue sufficient to
fund the development of business, projected operating expenses and
commitments for the next twelve months.  The Company incurred a
loss of $1.63 million during the nine month period ending Sept.
30, 2014.  The loss includes $187,395 from settlement of
liabilities with common stock, common stock options granted of
$540,475 and $629,544 in warrant liability valuation expense.  The
Company completed funding of $850,000 in senior convertible
debentures in June 2011.  The debentures were initially due June
17, 2012.  The due date of the senior convertible debentures was
extended until Dec. 15, 2012 and in February 2014 the Company
issued common stock to the note holders in satisfaction of all
amounts due them.  The Company borrowed $75,000 from an unrelated
individual on June 11, 2012 with interest at 5% per annum.  The
note was due March 31, 2013, was extended until Nov. 14, 2013 and
was paid in full with 413,345 shares of the Company's common stock
in September 2014.  The Company attempted to raise a minimum of $3
million with a Form S-1 Registration; however, the offering
terminated in January 2013 without any sales of securities.  On
April 8, 2014, the Company completed a private placement for
$500,000.  The Company will continue seeking alternative financing
sources.  There can be no assurance that the Company will be
successful in raising any additional funds or in obtaining enough
customers to provide sufficient revenue to complete its business
plan and achieve profitable operations or that the funds received
will be sufficient to achieve the Company's goals.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern.

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

                       http://is.gd/4eSltr

chatAND, Inc., is a development-stage company.  The Company
focuses on providing online assistance, engagement and conversion
solutions to e-commerce businesses by allowing real-time
assistance to Website visitors utilizing video conferencing,
screen sharing and collaborative co-browsing to increase sales
conversion rates.


CJ HOLDING: Moody's Assigns (P)Ba1 Rating on New $675MM Term Loan
-----------------------------------------------------------------
Moody's Investors Service assigned a (P)Ba1 rating to CJ Holding
Co.'s (CJHC) proposed offering of $675 million secured term loans
($300 million due 2019 and $375 million due 2021). At the same
time, Moody's assigned CJHC a (P)Ba2 Corporate Family Rating (CFR)
and a SGL-2 Speculative Grade Liquidity Rating. The rating outlook
is stable.

These provisional ratings are conditioned on C&J Energy Services,
Inc. (C&J) successfully acquiring the completion and production
services businesses from Nabors Industries Inc. (Nabors, Baa2
stable). The term loan proceeds will be used to fund a portion of
the $2.86 billion acquisition price of Nabors' assets.

Moody's final ratings will be subject to review of the final
documentation and terms of the proposed term loan and revolver
agreements, including facility size and covenants.

CJHC is a wholly-owned subsidiary of C&J Energy Services Ltd. (New
C&J), which will be the surviving entity following the merger of
C&J Energy Services, Inc. with and into a newly created Bermuda
incorporated entity that will hold all the completion and
production services assets of Nabors Industries Inc. At closing,
operating subsidiaries under CJHC will own substantially all of
New C&J's assets, including the acquired US assets of Nabors.
CJHC's debts will also be guaranteed by New C&J and any other
intermediate holding company created between New C&J and CJHC.

Assignments:

Issuer: CJ Holding Co.

Corporate Family Rating, Assigned (P)Ba2

Speculative Grade Liquidity Rating, Assigned SGL-2

Senior Secured Term Loans, Assigned (P)Ba1, LGD3

Senior Secured Revolver, Assigned (P)Ba1, LGD3

Ratings Rationale

CJHC's (P)Ba2 CFR reflects its large scale in North America as one
of the top completion and production service providers;
diversified service offerings, geographic footprint and customer
base; healthy balance sheet; and significant growth and synergy
opportunities following the acquisition of Nabors' completion and
production services operations. The rating also incorporates the
highly cyclical nature of oilfield services industry, the
company's heavy reliance on volatile North American well
completion activities, history of acquisition-driven growth and
potential integration risks following this transformational
acquisition.

The term loans and revolver are rated (P)Ba1, one notch above the
(P)Ba2 CFR based on Moody's expectation that there will be a
substantial amount of additional debt in the capital structure at
closing that will be junior in priority to the secured debt. The
$600 million revolver and $675 million term loans will have a
first-lien secured claim to substantially all of New C&J's assets
and these credit facilities will rank pari passu.

The company will have good liquidity through 2015 which is
captured in the SGL-2 Speculative Grade Liquidity Rating. Moody's
expect the company to manage its working capital, capital
expenditures and bolt-on acquisitions with operating cash flow in
the coming quarters. CJHC will have a five-year $600 million
undrawn revolving credit facility in place prior to closing of the
Nabors acquisition. Financial covenants will be set at levels that
provide ample headroom to maintain full access to the revolver
through 2015.

The stable outlook assumes that CJHC will generate free cash flow
in 2015 and that the company will prudently manage its capital
spending and debt levels in light of a potentially weaker oilfield
services demand environment. Given the highly cyclical nature of
completion services demand, CJHC will need to maintain low
leverage to support a higher credit rating. Moody's would consider
an upgrade if the company can attain the contemplated synergies,
successfully operate with a larger scale, including a run rate
annual EBITDA of $800 million, and sustain leverage approaching
2x.

A significant decline in earnings without a corresponding
reduction in leverage could also trigger a negative action. If
leverage increases above 3x the ratings could be downgraded.

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

CJHC is a wholly-owned subsidiary of C&J Energy Services, Ltd.
(New C&J), which will be a Bermuda incorporated and Houston, Texas
based diversified oilfield service company providing completion
and production services to upstream oil and gas companies in North
America.


CRUMBS BAKESHOP: Court Denies LFAC's Motion on Trademarks
---------------------------------------------------------
The Bankruptcy Court denied Lemonis Fischer Acquisition Company,
LLC' motion in relation to the Court's Aug. 27, 2014 order
authorizing the sale of substantially all assets of Crumbs Bake
Shop, Inc., et al.

As reported in the TCR on Oct. 17, 2014, Lemonis, the buyer of the
Debtors' major assets, filed a motion, which if approved, would
prohibit licensees from using the company's trademarks.

In its motion, LFAC asked the Court to issue an order clarifying
that section 365(n) of the Bankruptcy Code doesn't allow third-
party licensees to use Crumbs Bake Shop's trademarks, saying such
right is not included in the Bankruptcy Code's definition of
intellectual property.  The provision was added to the Bankruptcy
Code in 1988 to protect a licensee from being stripped of its
rights to continue to use a licensed intellectual property.
Under Section 365(n), if a company going through bankruptcy or
trustee rejects a license, a licensee can elect to retain its
rights to the intellectual property.  In return, the licensee must
continue to make any required royalty payment.

Lemonis sought clarification from the court because of Brand
Squared Licensing's "confusion" regarding a previous ruling that
authorized the sale of Crumbs Bake Shop's assets, including
its intellectual property.

Brand Squared, a licensing agent, had argued that Crumbs Bake Shop
could not reject any license agreement if the licensee elected to
invoke section 365(n) to continue using the company's intellectual
property despite the sale of its assets to Lemonis.

The Court, however, ruled, among other things:

   1. Trademark licensees can be protected by Section 365(n),
notwithstanding the omission of "trademarks" from the Bankruptcy
Code definition of "intellectual property."  Furthermore, the sale
under Section 363(f) did not extinguish the rights afforded to
licensees by Section 365(n) because licensees did not consent to
the sale.

   2. A sale of Debtors' assets pursuant to Sections 363(b) and
(f) of the Bankruptcy Code does not trump nor extinguish the
rights of third party licensees under Section 365(n), in the
absence of consent.

   3. The Debtors are the only party entitled to the collection of
royalties generated as a result of licensees' use of licensed
intellectual property.

Brand2 Squared Licensing, in its response to the motion of LFAC,
argued that the Court should instead find that (i) the
intellectual property transferred to LFAC remains subject to the
continued interests of the respective licensees; (ii) the
respective license agreements remain property of the estate; and
(iii) the Debtor continues to be entitled to the receipt of the
attendant royalties emanating from the license agreements.

Brand2 Squared is represented by:

         Douglas T. Tabachnik, Esq.
         LAW OFFICES OF DOUGLAS T. TABACHNIK, P.C.
         Woodhull House
         63 West Main Street, Suite C
         Freehold, NJ 07728
         Tel: (732) 780-2760

                      About Crumbs Bake Shop

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.

The U.S. Trustee appointed three creditors to serve in the
Official Committee of Unsecured Creditors.   Sharon L. Levine,
Esq., at Lowenstein Sandler LLP serves as Committee's counsel.

                           *     *     *

On July 7, 2014, the Board of Directors of Crumbs Bake Shop
determined to cease operations effective immediately.  The Board's
determination was made after the Company lacked sufficient
liquidity to maintain current operations.

On the petition date, Crumbs entered into an Asset Purchase
Agreement through which Lemonis Fischer Acquisition Company, LLC,
a joint venture created by Marcus Lemonis LLC and Fischer
Enterprises, L.L.C., will acquire the Crumbs' business as part of
the Company's Chapter 11 filing.  Lemonis Fischer Acquisition is
represented by Louis Price, Esq., at McAfee & Taft PC.

On Aug. 29, 2014, Crumbs Bake Shops completed the sale of its
assets for a credit bid of $7,140,000 and the assumption of
various liabilities.  There are no cash proceeds and the credit
bid resulted in the repayment of all indebtedness to Lemonis
Fischer Acquisition, which held a first priority security interest
in the assets of the Company. The Company's remaining assets will
be liquidated and the proceeds thereof will be utilized to pay
unsecured liabilities in accordance with applicable law and
certain advisors' fees and expenses. The Company does not expect
that there will be any proceeds available for distribution to
shareholders.


CRUNCHIES FOOD: Wants Date Set for Prepetition Claims Deadline
--------------------------------------------------------------
Crunchies Food Company, LLC asks the Bankruptcy Court to establish
60 days after the date of entry of an order granting the motion as
the bar date for filing prepetition claims against the Debtor.

Crunchies filed a Chapter 11 bankruptcy petition (Bankr. C.D. Cal.
Case No. 14-bk-11776) in Santa Barbara, California, on August 15,
2014.  The case is assigned to Judge Peter Carroll.

The Debtor has tapped David L. Neale, Esq., at Levene Neale Bender
Rankin & Brill LLP, in Los Angeles, serves as counsel.  For its
legal services, the firm has agreed to accept $50,000.  The Debtor
disclosed unknown assets and $12,924,295 in liabilities as of the
Chapter 11 filing.

The U.S. Trustee for Region 16 appointed four creditors to serve
on the official committee of unsecured creditors.


CWGS ENTERPRISES: S&P Revises Outlook to Pos. & Affirms 'B+' CCR
----------------------------------------------------------------
Standard & Poor's Ratings Services said it revised its rating
outlook on Lincolnshire, Ill.-based RV dealer and membership
services company CWGS Enterprises LLC to positive from stable, and
affirmed its 'B+' corporate credit rating on the company.

At the same time, S&P affirmed its 'BB-' issue-level rating on the
company's senior secured credit facility, including the company's
proposed $117 million add-on to the term loan.  The recovery
rating remains '2', indicating S&P's expectation for substantial
recovery (70% to 90%) for lenders in the event of a payment
default.

S&P expects the company to use proceeds from the term loan add-on
to acquire RV dealerships over the next several months, and to
seed some of the dealerships with working capital contributions in
order to remain in line with working capital ratio requirements
inside the company's floor plan financing facility.

"The outlook revision to positive reflects our expectation for a
faster pace of deleveraging than we previously forecasted, and
that CWGS could sustain leverage under 4x by the end of 2015,"
said Standard & Poor's credit analyst Ariel Silverberg.

This is due to the Sept. 30, 2014 conversion of $70 million in
Series B notes into preferred units at CWGS, which S&P will treat
partly as equity.  In addition, CWGS plans to complete near-term
acquisitions at EBITDA multiples (net of working capital
contributions to dealerships that S&P believes will reside as cash
on the company's balance sheet) that are lower than the company's
adjusted debt to EBITDA at Sept. 30, 2014 (4.4x pro forma for the
conversion of the notes).  S&P currently expects adjusted leverage
to improve to the high-3x area by the end of 2015 incorporating a
full year of EBITDA contribution from all expected acquisitions.
This forecast also reflects S&P's expectation for continued demand
for RVs and related services that will support modest growth in
same-store sales next year at the company's dealerships and retail
stores.  Adjusted debt to EBITDA below 4x would correlate to an
improved financial risk profile assessment of "significant" from
S&P's current "aggressive" assessment, which would lead S&P to a
one-notch rating upgrade of CWGS.

The positive outlook reflects S&P's expectation that CWGS could
sustain leverage under 4x by the end of 2015, as S&P expects
deleveraging transactions and continued demand for RVs and related
services will support same-store sales growth at CWGS's
dealerships and retail stores.  S&P believes this will help drive
modest EBITDA growth and result in adjusted debt to EBITDA
improving to the high-3x area by the end of 2015), a level that
could result in an improved financial risk profile assessment and
a one-notch higher rating.

S&P could raise the rating one notch if it is confident the
company can sustain lease-adjusted debt to EBITDA comfortably
below 4x.  S&P will incorporate into any potential upgrade
decision that operating performance can decline during a weakened
economy or periods of tightened lending to consumers.  Higher
ratings would depend on S&P's gaining confidence that the
company's financial policy would include maintaining lease-
adjusted debt to EBITDA below 4x, and any future potential
acquisitions would not drive leverage above 4x on a sustained
basis.

S&P could lower the ratings if lease-adjusted debt to EBITDA
increases above 5x or if EBITDA coverage of interest expense falls
to about 2x or below.  Lower ratings are unlikely at this time
given S&P's forecast for EBITDA growth, but may result from an
unexpected leveraging transaction.


DENDREON CORP: Court Approves First-Day Motions
-----------------------------------------------
Judge Peter J. Walsh held a hearing on the first day motions filed
by Dendreon Corporation and its debtor-subsidiaries, and granted
approval to certain of the motions.  A final hearing is slated for
Dec. 9 at 3:30 p.m. (ET) with respect to motions that were granted
interim approval.

Dendreon sought bankruptcy protection after it reached agreements
on the terms of a financial restructuring with certain holders of
the Company's 2.875% Convertible Senior Notes due 2016
representing approximately 84% of the $620 million aggregate
principal amount of the 2016 Notes.  The financial restructuring
may take the form of a stand-alone recapitalization or a sale of
the Company or its assets.

On the day of the bankruptcy filing, the Debtors filed motions,
which they say, seek relief that (a) is vital to enable the
Debtors to make the transition to, and operate in, chapter 11 with
minimum interruption or disruption to their business or loss of
productivity or value and (b) constitutes a critical element in
maximizing value during the Chapter 11 cases.

At the Debtors' behest, following a hearing Nov. 12, Judge Walsh
entered an order extending the Debtors' Dec. 10, 2014 deadline to
file their schedules of assets and liabilities and statements of
financial affairs.  The Debtors asked for an extension until
Jan. 9, 2015, given that they have more than 200 creditors and
have limited employees.

The judge also entered an order enforcing protections and
bankruptcy termination provisions.  The Debtors and their non-
debtor foreign affiliates have developed valuable business
relationships with entities, including contract counterparties,
located outside of the United States, including in various
countries in the European Union, such as Germany, the Netherlands,
Switzerland and the United Kingdom, who are critical to the
manufacturing and commercialization of PROVENGE and the overall
success of the Debtors' business operations.  The Debtors believe
that many of these creditors and contract counterparties are
unfamiliar with the provisions of the Bankruptcy Code, and in
particular, the self-executing nature of the automatic stay
provisions under Section 362 of the Bankruptcy Code and the
protections afforded Chapter 11 debtors under Section 365.  To
that end, upon learning of the commencement of the Chapter 11
cases, such non U.S. contract counterparties may take precipitous
action against the Debtors and/or the property of the estates, and
those that are party to executory contracts and unexpired leases
with the Debtors may try to terminate such executory contracts or
unexpired leases pursuant to bankruptcy termination provisions
contained therein -- which would be in direct contravention of
Section 365.

At the Nov. 12 hearing, Judge Walsh also entered:

   -- an order authorizing retention and appointment of Prime
Clerk LLC as claims and noticing agent;

   -- an interim order establishing notice and hearing procedures
for trading in equity securities;

   -- an order authorizing payment of prepetition claims of
certain critical vendors;

   -- an interim order prohibiting utilities from discontinuing
service;

   -- an order authorizing the Debtors to pay certain prepetition
taxes and related obligations;

   -- an order maintaining existing insurance policies;

   -- an interim order authorizing the Debtors pay prepetition
wages and employee benefits;

   -- an order authorizing the Debtors to pay prepetition
obligations to customers;

   -- an interim order authorizing the Debtors' continued use of
their existing cash management system; and

   -- an order directing joint administration of their Chapter 11
cases.

A copy of the affidavit in support of the first-day motions is
available for free at:

     http://bankrupt.com/misc/Dendreon_1st_Day_Affidavit.pdf

                          About Dendreon

With corporate headquarters in Seattle, Washington, Dendreon
Corporation -- http://www.dendreon.com/-- a biotechnology company
focused on the discovery, development and commercialization of
novel cellular immunotherapies to significantly improve treatment
options for cancer patients.  Dendreon's first product, PROVENGE
(sipuleucel-T), was approved by the U.S. Food and Drug
Administration (FDA) and became commercially available for the
treatment of men with asymptomatic or minimally symptomatic
castrate-resistant (hormone-refractory) prostate cancer in April
2010.  Dendreon is traded on the NASDAQ Global Market under the
symbol DNDN.

Dendreon and its U.S. subsidiaries filed for Chapter 11 bankruptcy
protection (Bankr. D. Del. Case No. 14-12515) on Nov. 10, 2014.
The Debtors have requested that their cases be jointly
administered under Case No. 14-12515.  Judge Peter J. Walsh
presides over the cases.  The petitions were signed by Gregory R.
Cox, interim chief financial officer and treasurer.

The Debtors have Skadden, Arps, Slate, Meagher & Flom LLP, as
counsel; Lazard FrŠres & Co. LLC, as investment banker;
AlixPartners, as restructuring advisors; and Prime Clerk LLC as
claims and noticing agent.

The Debtors disclosed $364.6 million in total assets and $664.4
million in total liabilities.

To date, no creditors' committee has been appointed in the Chapter
11 cases by the Office of the United States Trustee for the
District of Delaware.


DENDREON CORP: Seeks to Assume Plan Support Agreements
------------------------------------------------------
Dendreon Corporation seeks approval from the Bankruptcy Court to
assume their plan support agreements with certain noteholders.

The Debtors negotiated the Plan Support Agreements with certain
olders of the 2016 Notes issued under the First Supplemental
Indenture, dated January 20, 2011, to the Base Indenture, dated
March 16, 2007, with The Bank of New York Mellon Trust Company,
N.A., as trustee

Specifically, one PSA is by and between the Debtors and certain
funds managed by Deerfield Management Company, L.P., who hold 36
percent of the 2016 Notes. The other PSA, is by and between the
Debtors and certain unaffiliated holders whose combined holdings
equal approximately 48 percent of the 2016 Notes.

The PSAs contemplate that the Debtors will, with the support of
the Supporting Noteholders, pursue a dual path of third-party sale
or plan transaction with a "standalone plan" backstop (the
"Standalone Option).  Specifically, the PSAs provide the framework
for a competitive process whereby prospective buyers may bid to
purchase all or substantially all of the Debtors' non-cash assets
either (i) in a sale pursuant to Sec. 363 of the Bankruptcy Code
(the "363 Sale Option"), or (ii) in the form of a recapitalization
transaction effectuated through a plan of reorganization (the
"Plan Sale Option").

Simultaneously with the filing of the Chapter 11 Cases, the
Debtors have filed a motion seeking approval of the bidding
procedures.  A qualified bid for all or substantially all of the
non-cash assets of the Debtors in a 363 Sale or a Plan Sale must
have a value in excess of $275 million.  The PSAs specify that the
bidding process will be run in parallel with the process for
seeking confirmation of a stand-alone plan of reorganization.

The Debtors propose these dates for the sale process are:

        Dec. 29, 2014      Stalking Horse Deadline
        Jan. 27, 2015      Bid Deadline
        Feb.  3, 2015      Auction
        Jan. 27, 2015      Sale Objection Deadline
        Feb. 10, 2015      Sale Hearing

In a document attached to the PSAs, in the even the Debtors pursue
a stand-alone plan, administrative expense claims and secured
claims will be paid in full (unimpaired).  Holders of 2016 Notes
are impaired and will receive on a pro rata basis with general
unsecured creditors shares of new stock of the reorganized
company.  Holders of equity interests will receive no distribution
and will be deemed to reject the Plan.

The Debtors seek to assume the PSAs in accordance with their terms
to ensure that the agreements will continue to be valid and
enforceable against all signatories thereto throughout the
pendency of the Chapter 11 cases.

Subject to a three-day grace period, the PSAs may be terminated in
the event:

   -- The Bankruptcy Court has not entered an order approving the
Plan Support Agreement Assumption Motion within 35 days following
the Petition Date;

   -- The Bankruptcy Court has not entered an order approving the
Bidding Procedures within 35 days following the Petition Date;

   -- The Plan and the Disclosure Statement shall not have been
filed with the Bankruptcy Court within 15 days following the Bid
Deadline;

   -- The Debtors have not commenced Solicitation by March 15,
2015; and

   -- The Plan shall not have been confirmed by the Bankruptcy
Court by May 1, 2015.

Deerfield is represented by:

         WILLKIE FARR & GALLAGHER LLP
         787 Seventh Avenue
         New York, NY 10019
         Attention: Steven J. Gartner, Esq.
                    Gregory B Astrachan, Esq.
                    John C. Longmire, Esq.
         E-mail: sgartner@willkie.com
                 gastrachan@willkie.com
                 jlongmire@willkie.com

The Unaffiliated Noteholders are represented by:

         BROWN RUDNICK LLP
         One Financial Center
         Boston, Massachusetts 02111
         Attention: Steven D. Pohl
         E-mail: spohl@brownrudnick.com

                - and -

         BROWN RUDNICK LLP
         Seven Times Square
         New York, NY 10036
         Attention: John F. Storz
         E-mail: jstorz@brownrudnick.com

A copy of the Motion and the PSAs is available for free at:
http://bankrupt.com/misc/Dendreon_PSA_Motion.pdf

                          About Dendreon

With corporate headquarters in Seattle, Washington, Dendreon
Corporation -- http://www.dendreon.com/-- a biotechnology company
focused on the discovery, development and commercialization of
novel cellular immunotherapies to significantly improve treatment
options for cancer patients.  Dendreon's first product, PROVENGE
(sipuleucel-T), was approved by the U.S. Food and Drug
Administration (FDA) and became commercially available for the
treatment of men with asymptomatic or minimally symptomatic
castrate-resistant (hormone-refractory) prostate cancer in April
2010.  Dendreon is traded on the NASDAQ Global Market under the
symbol DNDN.

Dendreon and its U.S. subsidiaries filed for Chapter 11 bankruptcy
protection (Bankr. D. Del. Case No. 14-12515) on Nov. 10, 2014.
The Debtors have requested that their cases be jointly
administered under Case No. 14-12515.  Judge Peter J. Walsh
presides over the cases.  The petitions were signed by Gregory R.
Cox, interim chief financial officer and treasurer.

The Debtors have Skadden, Arps, Slate, Meagher & Flom LLP, as
counsel; Lazard FrŠres & Co. LLC, as investment banker;
AlixPartners, as restructuring advisors; and Prime Clerk LLC as
claims and noticing agent.

The Debtors disclosed $364.6 million in total assets and $664.4
million in total liabilities.

To date, no creditors' committee has been appointed in the Chapter
11 cases by the Office of the United States Trustee for the
District of Delaware.


DENDREON CORP: Shares to Be Delisted From Nasdaq Next Week
----------------------------------------------------------
Dendreon Corporation said in a regulatory filing Wednesday that
Nasdaq is expected to delist the stock effective Nov. 19, 2014, a
move that the Company won't challenge, The Seattle Times reports.

According to The Seattle Times, the Company warned that
stockholders should expect not to get anything from its
restructuring.

Kevin McCauley at Odwyerpr.com adds that Joele Frank, Wilkinson
Brimmer Katcher, works the Chapter 11 filing of the Company.

                            About Dendreon

Headquartered in Seattle, Washington, Dendreon Corporation --
http://www.dendreon.com/-- is a biotechnology company whose
mission is to target cancer and transform lives through the
discovery, development, commercialization and manufacturing of
novel therapeutics.  The Company applies its expertise in antigen
identification, engineering and cell processing to produce active
cellular immunotherapy (ACI) product candidates designed to
stimulate an immune response in a variety of tumor types.
Dendreon's first product, PROVENGE (sipuleucel-T), was approved by
the U.S. Food and Drug Administration (FDA) in April 2010.
Dendreon is exploring the application of additional ACI product
candidates and small molecules for the potential treatment of a
variety of cancers.  Dendreon is traded on the NASDAQ Global
Market under the symbol DNDN.

Dendreon (Bankr. D. Del. Case No. 14-12515) and its affiliates
Dendreon Holdings, LLC (Bankr. D. Del. Case No. 14-12516),
Dendreon Distribution, LLC (Bankr. D. Del. Case No. 14-12517) and
Dendreon Manufacturing, LLC (Bankr. D. Del. Case No. 14-12518)
filed for Chapter 11 bankruptcy protection on Nov. 10, 2014.  The
petitions were signed by Gregory R. Cox, interim chief
finanical officer and treasurer.

The Debtors disclosed $364.6 million in total assets and $664.4
million in total liabilities.

Judge Peter J. Walsh presides over the cases.


DOTHAN SOUTH PLAZA: Voluntary Chapter 11 Case Summary
-----------------------------------------------------
Debtor: Dothan South Plaza, LLC
        Post Box 8126
        Dothan, AL 36304

Case No.: 14-12305

Chapter 11 Petition Date: November 12, 2014

Court: United States Bankruptcy Court
       Middle District of Alabama (Dothan)

Judge: Hon. William R. Sawyer

Debtor's Counsel: Michael A. Fritz, Sr., Esq.
                  FRITZ & HILL, LLC
                  1784 Taliaferro Trail, Suite A
                  Montgomery, AL 36117
                  Tel: 334-215-4422
                  Fax: 334-215-4424
                  Email: bankruptcy@fritzandhill.com

Total Assets: $2.10 million

Total Liabilities: $1.13 million

The petition was signed by Mary Gamble, member.

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


E*TRADE FINANCIAL: S&P Raises Issuer Credit Rating to 'B+'
----------------------------------------------------------
Standard & Poor's Ratings Services said it raised its long-term
issuer credit and senior unsecured debt ratings on E*TRADE
Financial Corp. (E*TRADE) to 'B+' from 'B'.  S&P also raised its
long-term issuer credit rating and certificates of deposit ratings
on E*TRADE Bank to 'BB' from 'BB-' and affirmed S&P's 'B' short-
term rating on E*TRADE Bank.  The outlook is stable.  At the same
time, S&P assigned its 'B+' rating on E*TRADE Financial's $540
million senior unsecured notes issuance.

"The upgrades reflect the improvements in funding and liquidity at
E*TRADE's holding company, following the proposed debt refinancing
and the signing of a revolving credit facility," said Standard &
Poor's credit analyst Charles Rauch.

On Nov. 12, E*TRADE announced that it is calling its $435 million
6.75% notes due in 2016 and $505 million 6.00% notes due in 2017.
To fund this transaction, the company plans to issue $540 million
eight-year notes and utilize approximately $460 million of holding
company cash.  Corporate debt, which totaled $1.8 billion as of
Sept. 30, 2014, will decline by about $400 million to $1.4
billion.  The transaction pushes the next debt maturity to Nov.
2019, when the $800 million 6.375% notes come due.

E*TRADE also announced that the holding company has put in place a
$200 million three-year committed revolving credit facility.  It
has not had a revolver at the holding company since 2007.  In
S&P's opinion, the committed revolver improves the holding
company's liquidity.

E*TRADE has limited financial flexibility because E*TRADE Bank,
which owns the two retail brokers, still requires prior approval
from the Office of the Comptroller of the Currency (OCC) to
upstream dividends to the holding company, where the rated debt
resides.  To obtain such permission from the OCC, the corporation
had to execute on the strategy and capital plan that it had
previously submitted to the regulators and achieve a 9.5% Tier 1
leverage ratio at E*TRADE Bank.  The bank achieved this financial
target on June 30, 2013, and continues to meet this financial
threshold.

"The stable outlook reflects our expectation that E*TRADE's
operating performance will be at or near first nine months of 2014
levels over the next six to 12 months, our outlook period for
speculative-grade companies," said Mr. Rauch.  "Given our
expectation for financial performance, we assume the OCC will
continue to permit E*TRADE Bank to upstream $75 million of
dividends per quarter to the holding company."

If the banking regulators lift the memorandum of understanding and
allow E*TRADE Bank to upstream dividends without requiring prior
regulatory approval, S&P could raise the ratings.  On a more
fundamental basis, if E*TRADE's customer activity metrics and core
earnings improve, on a sustainable basis, beyond S&P's
expectations, it could upgrade the company.

Alternatively, if operating performance were to slide materially
below S&P's expectations or the regulators were to deny E*TRADE
Bank permission to upstream dividends to the holding company, S&P
could lower the ratings.


ENDEAVOUR INT'L: US Trustee Yet to Appoint Creditors' Committee
---------------------------------------------------------------
The U.S. Trustee for Region 3 has yet to appoint a committee to
represent unsecured creditors of Endeavour International Corp.,
according to an Oct. 27 filing made in the U.S. Bankruptcy Court
for the District of Delaware.

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense.  They may investigate the debtor's business and financial
affairs.  Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

           About Endeavour International Corporation

Houston-based Endeavour International Corporation (NYSE: END)
(LSE: ENDV) is an oil and gas exploration and production company
focused on the acquisition, exploration and development of energy
reserves in the North Sea and the United States.

On Oct. 10, 2014, Endeavour International and five affiliates
filed voluntary petitions for relief under Chapter 11 of the
United States Bankruptcy Code after reaching a restructuring deal
with noteholders.  The cases are pending joint administration
under Endeavour Operating Corp.'s Case No. 14-12308 before the
Honorable Kevin J. Carey (Bankr. D. Del.).

As of June 30, 2014, the Company had $1.55 billion in total
assets, $1.55 billion in total liabilities, $43.70 million in
series c convertible preferred stock, and a $41.48 million
stockholders' deficit.

The Debtors have tapped Weil, Gotshal & Manges LLP as counsel;
Richards, Layton & Finger, P.A., as co-counsel; The Blackstone
Group L.P., as financial advisor; AlixPartners, LLP, as
restructuring advisor; and Kurtzman Carson Consultants LLC, as
claims and noticing agent.


ENGLOBAL CORP: Reports $1.8 Million Net Income for Third Quarter
----------------------------------------------------------------
ENGlobal Corporation filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
of $1.81 million on $26.92 million of operating revenues for the
three months ended Sept. 27, 2014, compared to a net loss of
$50,000 on $43.29 million of operating revenues for the three
months ended Sept. 28, 2013.

For the nine months ended Sept. 27, 2014, the Company reported net
income of $5.21 million on $80.99 million of operating revenues
compared to net income of $300,000 on $143.71 million of operating
revenues for the nine months ended Sept. 28, 2013.

The Company's balance sheet at Sept. 27, 2014, showed $51.75
million in total assets, $23.70 million in total liabilities and
$28.05 million in total stockholders' equity.

Mark Hess, ENGlobal's chief financial Ooficer, said: "We are
continuing to see positive results from initiatives that have been
undertaken at ENGlobal over the last two years.  Our improved
performance is best demonstrated by a significant increase in
margins, consistent project execution, as well as substantial
internal growth in our continuing operations.  We maintained a
substantial cash balance and had no borrowings during the quarter.
We also successfully replaced our current credit facility on
September 16th with a similar three year facility that will help
provide the working capital to sustain our growth."

William Coskey, P.E., chairman and chief executive officer of
ENGlobal added: "ENGlobal is continuing to perform well, both
operationally and financially, as evidenced by this fourth
consecutive quarter of profitability.  All stakeholders in our
Company can and should take pride in the significant turnaround
that we together have accomplished over the last two years. Our
solid financial footing now gives us an excellent base from which
to extend our Company's growth."

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

                       http://is.gd/KQCiJA

                         About ENGlobal

Houston-based ENGlobal Corporation (Nasdaq: ENG) is a provider of
engineering and related project services primarily to the energy
sector throughout the United States and internationally.  ENGlobal
operates through two business segments: Automation and
Engineering.  ENGlobal's Automation segment provides services
related to the design, fabrication and implementation of advanced
automation, control, instrumentation and process analytical
systems.  The Engineering segment provides consulting services for
the development, management and execution of projects requiring
professional engineering, construction management, and related
support services.

ENGlobal incurred a net loss of $2.98 million for the year ended
Dec. 28, 2013, a net loss of $33.60 million for the year ended
Dec. 29, 2012 and a net loss of $7.07 million for the year ended
Dec. 31, 2011.


EQUITY LENDING 2: Voluntary Chapter 11 Case Summary
---------------------------------------------------
Debtor: Equity Lending 2, Inc.
        1509 49th Street South
        Gulfport, FL 33707

Case No.: 14-13310

Chapter 11 Petition Date: November 12, 2014

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

Debtor's Counsel: Joel S Treuhaft, Esq.
                  PALM HARBOR LAW GROUP, P.A.
                  2997 ALT 19 STE B
                  Palm Harbor, FL 34683-1907
                  Tel: 727-797-7799
                  Fax: 727-213-6933
                  Email: jstreuhaft@yahoo.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Joseph J. Medolla, president.

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


FALCON STEEL: Gets Exclusivity to File Plan Until Nov. 26
---------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas
extended Falcon Steel Company and New Falcon Steel, LLC's
exclusive plan filing period through and including Nov. 26, 2014.
The Debtors' exclusive solicitation period for that plan is also
extended through and including Jan. 26, 2015.

The Debtors originally sought an extension of the exclusive plan
filing period through Dec. 26, 2014 and the exclusive plan
solicitation period through Feb. 24, 2015.

As previously reported by The Troubled Company Reporter, Texas
Capital Bank told the Court that a shorter extension of the
exclusive periods -- for only 30 days -- is sufficient to give the
Debtors time to negotiate plan terms.  Texas Capital also relayed
that it delivered a detailed plan term sheet to the Debtors on
Oct. 3, 2014.

The TCR also relayed that the Official Committee of Unsecured
Creditors urged the Court to deny the Exclusivity Periods
extension request, asserting that the Debtors cannot establish
"cause" to extend exclusivity given the problematic nature of
their conduct and lack of progress towards a consensual plan.

In response, the Debtors assert that contrary of the Committee's
assertions, they have made substantial changes to all aspects of
their business, resulting in increased profitability, reduced
overhead, and the creation of new revenue opportunities.  The
Debtors add that despite the Committee's objection, they believe
that they have the overwhelming support of their trade creditors.

                        About Falcon Steel

Falcon Steel Company and New Falcon Steel, LLC, sought Chapter 11
protection in the U.S. Bankruptcy Court for the Northern District
of Texas, Fort Worth Division (Case Nos. 14-42585 and 14-42586) on
June 29, 2014.  Falcon Steel claims to be the only American-owned
company that builds steel lattice towers for high electrical
transmission lines.

Falcon Steel was formed in 1963 and has operated continuously
since that time as a manufacturer engaged in fabricating and
galvanizing structural steel for customers in the United States.
New Falcon, a subsidiary, suspended operations in June 2013 and is
being held for sale.

Falcon has three manufacturing plants in the DFW area in Texas,
with one facility in Haltom City, another in Euless, and the third
facility in Kaufman, Texas.  The company's corporate headquarters
is located at its Haltom City plant.  It currently employs
approximately 255 employees.

Bankruptcy Judge D. Michael Lynn, in an amended order, directed
the joint administration of the case of Falcon Steel Company and
New Falcon Steel, LLC (Lead Case No. 14-42585).

Falcon Steel estimated assets and debt of $10 million to $50
million.

The Debtors have tapped Forshey & Prostok, LLP, as general counsel
and Decker, Jones, McMackin, McClane, Hall & Bates, P.C. as
special corporate counsel.  Ryan LLC acts as property tax
consultant.  The Debtors also tapped Western Operations LLC as
financial consultant, and Rylander, Clay & Opitz, LLP, as
accountants.

The U.S. Trustee has appointed a five-member panel to serve as the
official unsecured creditors committee in the Debtors' cases.  The
Committee has tapped McCathern, PLLC, as counsel.


FIRST KEYSTONE: Insurer Declared Insolvent
------------------------------------------
Michael Adams at Claims Journal reports that the South Carolina
Department of Insurance has declared The First Keystone Risk
Retention Group Inc. to be insolvent and the insurer is now being
liquidated.

The liquidation order was signed on Oct. 21 by Judge L. Casey
Manning of the Fifth Judicial Circuit Court in Richland County,
Claims Journal says.

Claims Journal relates that Special Liquidator Michael FitzGibbons
of FitzGibbons and Co. in Scottsdale, Ariz., who was appointed by
South Carolina Insurance Commissioner Ray Farmer, said the
insurer's demise came from writing high policy limits.

"The whole book of business from 2010 and prior did them in," the
report quotes Mr. FitzGibbons as saying. "In 2011 the company
started writing minimum limits according to the insurance laws per
state."

According to the report, Mr. FitzGibbons said that First Keystone
had $7 million in annual premium in 2013, a figure it was on pace
to meet this year.

Mr. FitzGibbons said the insurer currently has about 800 open
claims, the report relays.

Claims Journal says the plan is to stop accepting further claims
in February next year.

All of Keystone's policies have been cancelled, the report notes.

First Keystone, which is based in Philadelphia, was granted a
license by South Carolina in September 2003 on the condition it
maintain $2.4 million in capital and surplus, Claims Journal
discloses.

First Keystone's total capital and surplus is now estimated to be
roughly negative $3 million, officials said, the report relates.

The First Keystone Risk Retention Group Inc. specialized in
providing commercial auto insurance.


FIRST PLACE: Sues Squire Patton Boggs for Fee Non-Disclosure
------------------------------------------------------------
Bill Rochelle and Sherri Toub, bankruptcy columnists for Bloomberg
News, reported that George L. Miller, the trustee for First Place
Financial Corp., sued Squire Patton Boggs (US) LLP for failing to
disclose all of the $573,000 in compensation the law firm received
in the year preceding the bank holding company's bankruptcy.

According to the report, the trustee asked the bankruptcy judge to
direct the firm to return the $573,000 as a so-called preference.
The trustee also said the judge should compel the firm to pay back
the $1 million in fees on account of faulty disclosure, the report
related.

                        About First Place

First Place Financial Corp. is a $3.1 billion financial services
holding company, based in Warren, Ohio.  The First Place bank
subsidiary isn't in bankruptcy.

First Place filed a Chapter 11 petition (Bankr. D. Del. Case No.
12-12961) in Delaware on Oct. 28, 2012, to sell its bank unit to
Talmer Bancorp, Inc., absent higher and better offers.

The Debtor declared $175 million in total assets and $65.6 million
in total liabilities as of Oct. 26, 2012.

The Debtor has tapped Patton Boggs LLP and The Bayard Firm, PA as
legal counsel, and FTI Consulting, Inc., as financial advisor.
Donlin, Recano & Company, Inc. -- http://www.donlinrecano.com/--
is the claims and notice agent.

The Official Committee of Trust Preferred Securities tapped to
retain Kirkland & Ellis as counsel; Klehr Harrison Harvey
Branzburg as co-counsel; Holdco Advisors as financial advisor; and
Rothschild as investment banker and financial advisor.

The Troubled Company Reporter, on March 27, 2013, reported that
the U.S. Bankruptcy Court approved First Place Financial's motion
to convert its Chapter 11 reorganization case to a liquidation
under Chapter 7.


FRED FULLER: No Plans to Lay Off Employees
------------------------------------------
Fred Fuller Oil & Propane Co., Inc., has no plans to lay off
workers at this time, Heather Hamel at Wmur.com reports, citing
William S. Gannon, Esq., at William S. Gannon PLLC, the attorney
for the Debtor.

Wmur.com quoted Mr. Gannon as saying, "We will be continually
evaluating operations."

According to Wmur.com, professionals hired to help the Debtor
through bankruptcy said that the goal is to help the company
become financially sound by the beginning of 2015.

                      About Fred Fuller Oil

Hudson, New Hampshire-based Fred Fuller Oil & Propane Co., Inc.,
the largest heating oil company in the state, serving about 30,000
New Hampshire customers.  It sought Chapter 11 protection
(Bankr. D. N.H. Case No. 14-12188) in Manchester, New Hampshire,
on Nov. 10, 2014, without stating a reason.  It estimated $10
million to $50 million in assets and debt.  The Nov. 10, 2014
court filing show that the Debtor has about $13.5 million in
debts.  Jeremy Blackman at Concord Monitor reports reports that
the Debtor owes more than $276,000 to Harvard Pilgrim Health Care
and nearly $94,000 to the city of Laconia and the towns of Hudson,
Milford and Northfield.

According to Concord Monitor, the bankruptcy case the bankruptcy
case was initially filed on Nov. 10 under Chapter 7, but that has
since been terminated and replaced with a Chapter 11 restructuring
proposal.

William S. Gannon, Esq., at William S. Gannon PLLC, in Manchester,
serves as counsel to the Debtor.  Fredrick J. Fuller, the
president, signed the bankruptcy petition.


FREDERICK GREENE: Compulsory Counterclaims Probed on Student Loans
------------------------------------------------------------------
Bill Rochelle and Sherri Toub, bankruptcy columnists for Bloomberg
News, reported that the U.S. Court of Appeals in Chicago ruled
that when an individual bankrupt sues to determine that a student
loan should be discharged on the ground of "undue hardship," the
rule requiring compulsory counterclaims does not compel the lender
to file a counterclaim seeking payment of the debt.

According to the report, the Seventh Circuit rejected the
bankrupt's argument that the counterclaim for the debt was barred
because it was a compulsory counterclaim the lender didn't raise
in the first lawsuit, even though the claims and counterclaims
seemed to arise from the same "transaction or occurrence" as
stated in Rule 13(a)(1)(A) of the Federal Rules of Civil Procedure
governing compulsory counterclaims.

The case is Greene v. U.S. Department of Education, 13-3257, 2014
BL 303587, U.S. Court of Appeals for the Seventh Circuit
(Chicago).

A full-text copy of the Decision dated Oct. 27, 2014, is available
at http://bankrupt.com/misc/GREENE1027.pdf


FUEL PERFORMANCE: Amends 26.2 Million Shares Resale Prospectus
--------------------------------------------------------------
Fuel Performance Solutions, Inc., closed a financing transaction
by entering into a Securities Purchase Agreement dated Aug. 22,
2014, with certain funds and investors for an aggregate
subscription amount of $1,000,000.  Pursuant to the Securities
Purchase Agreement, the Company issued the following to the
Purchasers: (i) 10% Convertible Promissory Notes with an aggregate
principal amount of $1,150,000, and (ii) warrants to purchase an
aggregate of 6,666,667 shares of the Company's Common Stock, par
value $0.01 per share, for an exercise price of $0.12 per share
for a period of five years from the effective date of the
registration statement.

The Company filed a Form S-1 prospectus to be used by certain
funds and accounts in connection with a potential resale by
certain Seller Security Holders of up to an aggregate of
26,224,917 shares of the Company's Common Stock, par value $0.01,
per share consisting of: (i) 11,500,000 shares underlying the
Convertible Notes; (ii) 6,666,667 shares of Common Stock
underlying the Warrants; (iii) 7,258,250 shares of Common Stock
issuable upon exercise of warrants pursuant to certain piggy-back
registration rights agreements; and (iv) 800,000 shares of Common
Stock issuable upon exercise of warrants pursuant to a placement
agent engagement agreement dated April 24, 2014 between the
registrant and Benchmark.

The Company's Common Stock is quoted on the Over-The-Counter Pink
Marketplace under the ticker symbol "IFUE."  The Selling Security
Holders have not engaged any underwriter in connection with the
sale of their shares of Common Stock.  Common Stock being
registered in this registration statement may be sold by Selling
Security Holders at prevailing market prices or privately
negotiated prices or in transactions that are not in the public
market.  On Nov. 3 , 2014, the closing price of the Company's
Common Stock was $0.10 per share.

A full-text copy of the Form S-1 prospectus, as amended, is
available at http://is.gd/VZ1kSV

                       About Fuel Performance

Fuel Performance Solutions, Inc., was incorporated in Nevada on
April 9, 1996, by a team of individuals who sought to address the
challenges of reducing harmful emissions while at the same time
improving the operating performance of internal combustion
engines, especially with respect to fuel economy and engine
cleanliness.  After the Company's incorporation, its initial focus
was product research and development, but over the past few years,
the Company's efforts have been directed to commercializing its
product slate, primarily DiesoLiFTTM and the PerfoLiFTTM BD-
Series, for use with diesel fuel and bio-diesel fuel blends, by
focusing on marketing, sales and distribution efforts in
conjunction with our distribution partners.  On Feb. 5, 2014, the
Company changed its name from International Fuel Technology, Inc.,
to Fuel Performance Solutions, Inc.

Fuel Performance reported a net loss of $1.39 million on $704,189
of net revenues for the year ended Dec. 31, 2013, as compared with
a net loss of $1.92 million on $335,096 of net revenues during the
prior year.

The Company's balance sheet at June 30, 2014, showed $3.02 million
in total assets, $2.60 million in total liabilities and $413,362
in total stockholders' equity.

MaloneBailey, LLP, in Houston, Texas, issued a "going concern"
qualification on the consolidated financial statements for the
year ended Dec. 31, 2013.  The independent auditors noted that
the Company has suffered recurring loss from operations and has a
working capital deficit.  This factor raises substantial doubt
about the Company's ability to continue as a going concern.


GALEWOOD PLAZA: Case Summary & 16 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Galewood Plaza LLC
        5406 West Devon Avenue, Suite 204
        Chicago, IL 60646

Case No.: 14-41008

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: November 12, 2014

Court: United States Bankruptcy Court
       Northern District of Illinois (Chicago)

Judge: Hon. Donald R Cassling

Debtor's Counsel: Christopher L Muniz, Esq.
                  SCALAMBRINO & ARNOFF, LLP
                  One North LaSalle Street, Suite 1600
                  Chicago, IL 60602
                  Tel: 312-629-0545
                  Email: clm@sacounsel.com

                     - and -

                  Bruce C Scalambrino, Esq.
                  SCALAMBRINO & ARNOFF, LLP
                  One North LaSalle Street, Suite 1600
                  Chicago, IL 60602
                  Tel: 312-629-0545
                  Email: bcs@sacounsel.com

Total Assets: $2.98 million

Total Liabilities: $2.57 million

The petition was signed by Steffan A. Aliferakis, manager and sole
member.

A list of the Debtor's 16 largest unsecured creditors is available
for free at http://bankrupt.com/misc/ilnb14-41008.pdf


GARLOCK SEALING: Plan Outline Hearing Adjourned to Nov. 17
----------------------------------------------------------
U.S. Bankruptcy Judge J. Craig Whitley adjourned to Nov. 17, 2014,
at 11:00 a.m., the hearing to consider adequacy of information in
the Disclosure Statement explaining Whitley Garlock Sealing
Technologies, LLC, et al.'s First Amended Plan of Reorganization.

Judge Whitley said that the Asbestos Claimants' Committee, Coltec
Industries Inc., and the Future Claimants Representatives do not
object to the adjournment of the hearing.

As reported in the TCR on Oct. 21, 2014, tens of thousands of
claims seeking damages for personal injury and wrongful death were
instituted against the Debtors.

The Official Committee of Asbestos Personal Injury Claimants
objected to the proposed disclosure statement and the voting
procedures designed to ease confirmation of a controversial plan.

The Committee argued before the Court that a consensual resolution
under Section 524(g) of the Bankruptcy Code would serve the best
interests of all concerned, since that section provides statutory
means of reorganizing the Debtors while shifting to a funded trust
the problem of processing and resolving claims over a long period
of time.

As reported in the TCR on Sept. 16, 2014, the Debtors filed with
the Court their first amended plan and disclosure statement
dated May 29, 2014.

The Plan provides the vesting of the assets and property of the
Debtors in the appropriate Reorganized Debtors, which assets and
property will be free and clear of all Claims, liens, and
interests except as otherwise specifically provided in the Plan
and the Confirmation Order.

There are 13 Classes of Claims and Interests under the Plan.  The
non-asbestos related Classes of Claims and Interests include
Priority Claims (Class 1), Secured Claims (Class 2), General
Unsecured Claims (Class 7), Convenience Class Claims (Class 8),
Anchor Claims (Class 9), Intercompany Claims (Class 10), GST
Equity Interests (Class 11), Garrison Equity Interests (Class 12)
and Anchor Equity Interests (Class 13).  Convenience Class Claims
may include GST Asbestos Claims and Anchor Claims may include both
asbestos-related and non-asbestos-related Claims against Anchor.

Claims in Classes 1, 2, 7, 8, and 10 are unimpaired because
Holders of those Claims, if Allowed, will be paid in full, in
Cash, plus any accrued interest at the applicable legal rate of
interest.  Anchor Claims in Class 9 will receive nothing because
Anchor, which has no material property, will be liquidated and
dissolved.

The asbestos-related Classes of Claims include Settled GST
Asbestos Claims (Class 3), Current GST Asbestos Claims (Class 4),
Future GST Asbestos Claims (Class 5), and Pre-Petition Judgment
GST Asbestos Claims (Class 6).  Claims in each of these Classes
are unimpaired because Holders of these Claims, if Allowed, will
be paid in full, in Cash, pursuant to the Plan, Claims Resolution
Procedures, and Case Management Order, as applicable.

Equity Interests in Classes 11 and 12 will be extinguished and
those are impaired.  The Equity Interest in Class 13 will be
retained and is unimpaired.

The estimated amount of Allowed Claims in each Class is:

                                         Estimated Amount
Classification                         of Allowed Claims
--------------                         -----------------
Class 1 Priority Claims                          $70,000

Class 2 Secured Claims                          $250,000

Class 3 Settled GST Asbestos Claims    $3.1-16.4 million

Class 4 Current GST Asbestos Claims                  TBD

Class 5 Future GST Asbestos Claims                   TBD

Class 6 Pre-Petition Judgment GST
         Asbestos Claims                     $0-3 million

Class 7 General Unsecured Claims           $3.75 million

Class 8 Convenience Class Claims                     TBD

Class 9 Anchor Claims                                TBD

Class 10 Intercompany Claims                         TBD

Class 11 GST Equity Interests                        N/A

Class 12 Garrison Equity                             N/A

Class 13 Anchor Equity Interests                     N/A

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

   http://bankrupt.com/misc/GarlockSealing_AmdDS_05292014.pdf

                      About Garlock Sealing

Headquartered in Palmyra, New York, Garlock Sealing Technologies
LLC is a unit of EnPro Industries, Inc. (NYSE: NPO).  For more
than a century, Garlock has been helping customers efficiently
seal the toughest process fluids in the most demanding
applications.

On June 5, 2010, Garlock filed a voluntary Chapter 11 petition
(Bankr. W.D.N.C. Case No. 10-31607) in Charlotte, North Carolina,
to establish a trust to resolve all current and future asbestos
claims against Garlock under Section 524(g) of the U.S. Bankruptcy
Code.  The Debtor estimated $500 million to $1 billion in assets
and up to $500 million in debts as of the Petition Date.

Affiliates The Anchor Packing Company and Garrison Litigation
Management Group, Ltd., also filed for bankruptcy.

Albert F. Durham, Esq., at Rayburn Cooper & Durham, P.A.,
represents the Debtor in their Chapter 11 effort.  Garland S.
Cassada, Esq., at Robinson Bradshaw & Hinson, serves as counsel
for asbestos matters.

The Official Committee of Asbestos Personal Injury Claimants in
the Chapter 11 cases is represented by Travis W. Moon, Esq., at
Hamilton Moon Stephens Steele & Martin, PLLC, in Charlotte, NC,
Elihu Inselbuch, Esq., at Caplin & Drysdale, Chartered, in New
York, and Trevor W. Swett III, Esq., Leslie M. Kelleher, Esq., and
Jeanna Rickards Koski, Esq., in Washington, D.C. 20005.

Joseph W. Grier, III, the Court-appointed legal representative for
future asbestos claimants, has retained A. Cotten Wright, Esq., at
Grier Furr & Crisp, PA, and Richard H. Wyron, Esq., and Jonathan
P. Guy, Esq., at Orrick, Herrington & Sutcliffe LLP, as his co-
counsel.

Judge George Hodges of the United States Bankruptcy Court for the
Western District of North Carolina on Jan. 10, 2014, entered an
order estimating the liability for present and future mesothelioma
claims against EnPro Industries' Garlock Sealing Technologies LLC
subsidiary at $125 million, consistent with the positions GST put
forth at trial.


GBG RANCH: Sale Hearing on Hill Tracts Slated for Dec. 19
---------------------------------------------------------
The Bankruptcy Court approved the biding procedures to govern the
sale of GBG Ranch, Ltd.'s Tracts 1, 2, 8 and 9 consisting of
1,344.44 acres, more or less, out of the Hill Ranch, Webb County,
Texas.

The Court also ordered that a final hearing on the approval of the
sale of Hill Tracts will commence at 10:00 a.m. on Dec. 19, 2014.

Qualified bids are due Dec. 5, at 3:00 p.m.  On Dec. 7, the Debtor
will file with the Court a notice identifying all qualified
bidders and attaching copies of the bid proposal submitted by each
qualified bidder.   In the event that there is a dispute as to the
qualification of a proposed bidder as a qualified bidder, the
Court will determine the status of the proposed bidder at a
hearing on Dec. 12, at 11:15 o'clock a.m.

If one or more qualified bids are timely received, an auction for
the Hill Tracts will be conducted at the final sale hearing at
1300 Victoria St., Laredo, Texas.  In the event that there are no
qualified bidders other than Rancho Loma Linda, then the Rancho
Loma Linda contract will be presented for immediate approval at
the time scheduled for the final sale hearing, subject only to
pending objections thereto.

                     About GBG Ranch, LTD

GBG Ranch, LTD, a Texas Limited Partnership, sought Chapter 11
protection (Bankr. S.D. Tex. Case No. 14-50155) in Laredo, Texas
on July 8, 2014, without stating a reason.  GBG Ranch disclosed
$59,952,589 in assets and $5,060,423 in liabilities as of the
Chapter 11 filing.

The company is represented by the Law Office of Carl M. Barto.
Leslie M. Luttrell and the Luttrell + Villareal Law Group serve as
special counsel.


GBG RANCH: Court OKs Appointment Ronald Hornberger as Examiner
--------------------------------------------------------------
The Bankruptcy Court approved the appointment of

         Ronald Hornberger, Esq.
         Plunkett & Griensenbeck, Inc.
         1635 NE Loop 410, Suite 900
         San Antonio, TX 78209
         Tel: (210) 734-7092
         Fax: (210) 734-0379

as Chapter 11 examiner in the case of GBG Ranch, Ltd.

On Oct. 22, the U.S. Trustee for the Southern District of Texas
moved for the approval of the appointment of Mr. Hornberger.  The
request was pursuant to an order dated Oct. 17, directing the U.S.
Trustee to appoint an examiner.

The U.S. Trustee in its application stated that Mr. Hornberger, an
attorney licensed to practice in the State of Texas, has the
knowledge and experience required to fulfill the duties of an
examiner in the case.

                     About GBG Ranch, LTD

GBG Ranch, LTD, a Texas Limited Partnership, sought Chapter 11
protection (Bankr. S.D. Tex. Case No. 14-50155) in Laredo, Texas
on July 8, 2014, without stating a reason.  GBG Ranch disclosed
$59,952,589 in assets and $5,060,423 in liabilities as of the
Chapter 11 filing.

The company is represented by the Law Office of Carl M. Barto.
Leslie M. Luttrell and the Luttrell + Villareal Law Group serve as
special counsel.


GBG RANCH: Seeks to Tap Valbridge Property as Appraiser
-------------------------------------------------------
GBG Ranch, Ltd. seeks to employ John "Tooter" Robertson of
Valbridge Property Advisers/Dugger, Canaday, Grafe, Inc. as its
real estate appraiser.

Mr. Robertson will provide an appraisal of the Debtor's Corazon
Ranch for fee of $3,800.  His fees for other appraisals are
estimated to be comparable to his charge for his appraisal of the
Corazon Ranch.

Mr. Robertson assures the Court that the Firm is a "disinterested
person" as the term is defined in Section 101(14) of the
Bankruptcy Code.

                        About GBG Ranch

GBG Ranch, LTD, a Texas Limited Partnership, sought Chapter 11
protection (Bankr. S.D. Tex. Case No. 14-50155) in Laredo, Texas
on July 8, 2014, without stating a reason.  GBG Ranch disclosed
$59,952,589 in assets and $5,060,423 in liabilities as of the
Chapter 11 filing.

The company is represented by the Law Office of Carl M. Barto.
Leslie M. Luttrell and the Luttrell + Villareal Law Group serve as
special counsel.  LHP Holdings, LLC, dba LP Properties Realty,
serve as the exclusive broker for the estate.

                            *   *   *

Guillermo Benavides filed a motion seeking dismissal of GBG
Ranch's Chapter 11 case.  The Bankruptcy Court has yet to enter an
order on that request.


GENTIVA INC: Delayed 10Q Filing No Impact on Moody's B3 CFR
-----------------------------------------------------------
Moody's Investors Service said that Gentiva Inc.'s delayed 10Q
filing with the SEC is credit negative. However, the company's
ratings, including its B3 Corporate Family Rating (under review
for upgrade), are not affected by the announcement. For more
information, please refer to an issuer comment on moodys.com.

Gentiva Health Services, Inc. ("Gentiva"; NASDAQ: GTIV) is a
leading provider of home health and hospice services in the US.
The company offers direct home nursing and therapies, including
specialty programs, as well as hospice care with over 400
locations in 40 states. Gentiva reported revenues of approximately
$1.9 billion for the last twelve months ended June 30, 2014.

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


GLOBALSTAR INC: Posts $129.4 Million Third Quarter Net Income
-------------------------------------------------------------
Globalstar, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
of $129.39 million on $23.44 million of total revenue for the
three months ended Sept. 30, 2014, compared to a net loss of
$204.96 million on $22.54 million of total revenue for the three
months ended Sept. 30, 2013.

For the nine months ended Sept. 30, 2014, the Company reported a
net loss of $554.88 million on $67.97 million of total revenue
compared to a net loss of $356.32 million on $61.71 million of
total revenue for the same period last year.

As of Sept. 30, 2014, the Company had $1.31 billion in total
assets, $1.33 billion in total liabilities and a $14.53 million
total stockholders' deficit.

Jay Monroe, Chairman and CEO of Globalstar, commented, "Third
quarter 2014 financial results represent yet another successful
period marking Globalstar's resurgence in the MSS industry.  We
nearly doubled Adjusted EBITDA and materially grew our subscriber
base, exemplifying the benefits of the world's most modern
satellite network.  Despite the recent unusual market activity in
the Company's stock, we remain focused on our core operations
including an expanded footprint, upgrading the existing ground
network and developing new products.  We also remain focused on
expeditiously completing the FCC TLPS approval process."

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

                        http://is.gd/egcmsB

                       About Globalstar, Inc.

Globalstar is a leading provider of mobile satellite voice and
data services.  Globalstar offers these services to commercial and
recreational users in more than 120 countries around the world.
The company's products include mobile and fixed satellite
telephones, simplex and duplex satellite data modems and flexible
service packages.  Many land based and maritime industries benefit
from Globalstar with increased productivity from remote areas
beyond cellular and landline service.  Globalstar customer
segments include: oil and gas, government, mining, forestry,
commercial fishing, utilities, military, transportation, heavy
construction, emergency preparedness, and business continuity as
well as individual recreational users.  Globalstar data solutions
are ideal for various asset and personal tracking, data monitoring
and SCADA applications.

Globalstar reported a net loss of $591.11 million in 2013, a net
loss of $112.19 million in 2012 and a net loss of $54.92 million
in 2011.


GREEN BRICK: CEO Reports 5.3% Equity Stake
------------------------------------------
In a Schedule 13D filed with the U.S. Securities and Exchange
Commission, James R. Brickman disclosed that as of Oct. 27, 2014,
he beneficially owned 1,666,442 shares of common stock of
Green Brick Partners, Inc., representing 5.3 percent of the shares
outstanding.  Mr. Brickman serves as the Company's chief executive
officer and member of the Board of Directors.  A copy of the
regulatory filing is available at http://is.gd/7LitVW

                         About Green Brick

Denver, Colo.-based BioFuel Energy Corp., now known as Green Brick
Partners, Inc., is an ethanol producer in the United States.

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.

The Company's balance sheet at Sept. 30, 2014, the Company had
$8.83 million in total assets, $2.07 million in total liabilities,
all current, and $6.75 million in total equity.


GREEN MOUNTAIN: Seeks More Time to Assume or Reject Leases
----------------------------------------------------------
Green Mountain Management, LLC has filed a motion seeking
additional time to assume or reject unexpired leases under which
the company or its affiliate Georgia Flattop Partners, LLC is the
lessee.

In its motion, the company asked the U.S. Bankruptcy Court for the
Northern District of Georgia to extend the deadline to Feb. 20,
2015.

As of Oct. 29, Green Mountain's only unexpired lease is a contract
dated August 1, 2010, under which the company leases a landfill
from the Solid Waste Disposal Authority of the City of Adamsville.

The lease is a primary asset of Green Mountain and the company
needs more time to make a "careful and informed decision" on how
to treat the lease, according to its lawyer, Sage Sigler, Esq., at
Alston & Bird LLP, in Atlanta, Georgia.

A court hearing to consider the motion is scheduled for Nov. 17.
Objections are due by Nov. 14.

                       About Green Mountain

Green Mountain Management, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. N.D. Ga. Case No. 14-64287) on July 25, 2014.
The petition was signed by Daniel B. Cowart, sole member of
Georgia Flattop Partners, LLC, and chairman of Green Mountain
Management, LLC.

According to the docket, the Debtor's Chapter 11 plan and
disclosure statement are due Nov. 24, 2014.

The Debtor estimated $10 million to $50 million in assets and
debt.  Georgia Flattop Partners, LLC is the managing member and
holders of 93% of the stock.

The case is assigned to Judge Barbara Ellis-Monro.

The Debtor is represented by Sage M. Sigler, Esq., at Alston &
Bird, LLP, in Atlanta.


GROVE ESTATES: Court Establishes Deadlines for Filing Claims
------------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Pennsylvania
approved the deadline proposed by Grove Estates, LP for filing
claims against the company.

This deadline is called a "bar date" because it means that
creditors who come forward after that date may be "barred" from
ever filing a claim against the company.

Pursuant to the bankruptcy court's order, creditors holding pre-
bankruptcy claims must file their claims by Dec. 3.  Meanwhile,
governmental units are required to file proofs of their claims
before the Dec. 10 deadline.

                       About Grove Estates

Grove Estates, LP, an operator of land development business in
York, Pennsylvania, sought protection under Chapter 11 of the
Bankruptcy Code on Sept. 23, 2014 (Case No. 14-04368, Bankr. M.D.
Pa.).  The case is assigned to Judge Robert N Opel II.

The Debtor's counsel is Robert L Knupp, Esq., at Smigel, Anderson
& Sacks, LLP, in Harrisburg, Pennsylvania.  The Debtor's
accountant is Francis C. Musso, CPA, MPA, P.C.


GROVE ESTATES: Disclosure Statement Hearing Set on Dec. 18
----------------------------------------------------------
Grove Estates, LP, filed a disclosure statement in support of its
Disclosure Statement in support of its Reorganization Plan dated
Oct. 31, 2014.

The hearing on the Disclosure Statement is scheduled on Dec. 18,
2014, at 10:00 a.m. Objections to the Disclosure Statement is set
on Dec. 9, 2014.

This Plan of Reorganization proposes to pay creditors of Grove
Estates, LP, from exchange of property for debt, sale of assets,
and cash flow from future income.

This Plan provides for one class of secured claims; no classes of
unsecured claims; and one class of equity security holders.
Currently there are no unsecured creditors holding claims.  If any
unsecured creditors make a claim, the proponent of this Plan has
valued any future claims at approximately 100 cents on the dollar.
This Plan also provides for the payment of administrative and
priority claims in full on the effective date of this Plan with
respect to any such claim to the extent permitted by the Code in
cash at acceptance of the plan.

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

         http://bankrupt.com/misc/GroveEstates_52_DS.pdf

                       About Grove Estates

Grove Estates, LP, an operator of land development business in
York, Pennsylvania, sought protection under Chapter 11 of the
Bankruptcy Code on Sept. 23, 2014 (Case No. 14-04368, Bankr. M.D.
Pa.).  The case is assigned to Judge Robert N Opel II.

The Debtor's counsel is Robert L Knupp, Esq., at Smigel, Anderson
& Sacks, LLP, in Harrisburg, Pennsylvania.  The Debtor's
accountant is Francis C. Musso, CPA, MPA, P.C.


HDGM ADVISORY: John Humphrey Approved as Chapter 11 Examiner
------------------------------------------------------------
U.S. Bankruptcy Judge James M. Carr approved the appointment of

         John Humphrey
         Taft Stettinius & Hollister LLP
         One Indiana Square, Suite 3500
         Indianapolis, IN 46204-2023
         Tel: (317) 713-3500
         Fax: (317) 713-3699
         E-mails: www.taftlaw.com
                  jhumphrey@taftlaw.com

as Chapter 11 examiner for HDGM Advisory Services, LLC, and HDG
Mansur Investment Services, Inc.

On Oct. 23, 2014, U.S. Trustee Nancy J. Gargula said that the
examiner's connections with the Debtor, creditors, any other
parties-in-interest, their respective attorneys and accountants,
the U.S. Trustee, and persons employed in the Office of the U.S.
Trustee, are limited to the connections set forth in the verified
statement.

                  About HDGM Advisory Services

HDGM Advisory Services, LLC, and HDG Mansur Investment Services,
Inc. sought Chapter 11 bankruptcy protection (Bankr. S.D. Ind.
Case No. 14-04797 and 14-04798) in Indianapolis, Indiana, on May
21, 2014.  On May 28, 2014, the Hon. James M. Carr directed the
joint administration the cases of HDGM Advisory Services, LLC, and
HDG Mansur Investment Services, Inc., under the lead case -- HDGM
Advisory, Case No. 14-04797.

HDGH Advisory disclosed $20,257,001 in assets and $7,991, 590 in
liabilities as of the Chapter 11 filing.  HDG Mansur disclosed
$20,454,819 in assets and $12,377,542 in liabilities.  According
to a court filing, the Debtors don't have any secured creditors.

The cases are assigned to Judge James M. Carr.

The Debtors have tapped Michael W. Hile, Esq., Christine K.
Jacobson, Esq., and Henry Mestetsky, Esq., at Katz & Korin PC, as
counsel.

An affiliate of the Debtors, Hamilton Proper Partners Golf
Partnership, L.P., sought bankruptcy protection (Bankr. S.D. Ind.
Case No. 14-00461) on Jan. 24, 2014.


HERRING CREEK: Case Summary & 12 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: Herring Creek Acquisition Co., LLC
        19 Butlers Cove Road
        Edgartown, MA 02539

Case No.: 14-15309

Chapter 11 Petition Date: November 12, 2014

Court: United States Bankruptcy Court
       District of Massachusetts (Boston)

Judge: Hon. William C. Hillman

Debtor's Counsel: Donald Ethan Jeffery, Esq.
                  MURPHY & KING, PROFESSIONAL CORPORATION
                  One Beacon Street, 21st Floor
                  Boston, MA 02108
                  Tel: (617) 423-0400
                  Fax: 617-556-8985
                  Email: dej@murphyking.com

Estimated Assets: $10 million to $50 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Robert Hughes, manager.

List of Debtor's 12 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Porter Anderson                                       $24,500,000
PO Box 378492
Key Largo, FL 33037

William Beckers                                        $3,000,000
2220 Santiago Drive
Santa Barbara, CA 93103

Nutter McClennan & Fish                                   $31,804

R.M. Packer Co., Inc.                                        $597

Vineyard Propane                                             $425

NStar                                                        $403

NStar                                                        $209

NStar                                                         $74

Verizon Wireless                                              $62

NStar                                                         $31

NStar                                                          $6

James Gerblick                                                  0
                                                         (Unknown
                                                          Secured)


HOLDER HOSPITALITY: Sharkey's Casino to be Auctioned on Dec. 4
--------------------------------------------------------------
Nevada Appeal reports that The Holder Hospitality Group, LLC's
Gardnerville landmark, Sharkey's Casino is scheduled to be sold at
a trustee's sale on Dec. 4, 2014.

Nevada Appeal recalls that Casino owner Hal Holder filed for
bankruptcy protection in April 2013 to avoid a sale that spring.
According to the report, the casino had emerged from Chapter 11
after a federal bankruptcy court in December 2013 accepted the
company's plan.

The Holder Hospitality Group, LLC, owns and operates hotels and
casinos that offer hospitality, lodging, entertainment, and
recreations services.  The Company's properties include Silver
Club Hotel and Casino, Charlie Holder's Casino Restaurant and Bar,
El Capitan Resort Casino, Sharkey's Casino, Truck Inn, Sundance
Casino, and Model T Hotel Casino & RV Park.  The Holder
Hospitality was incorporated in 1992 and is based in Sparks,
Nevada.


INTERNATIONAL TEXTILE: Posts $11.7 Million Net Income in Q3
-----------------------------------------------------------
International Textile Group, Inc., filed with the U.S. Securities
and Exchange Commission its quarterly report on Form 10-Q
disclosing net income attributable to common stock of $11.77
million on $153.97 million of net sales for the three months ended
Sept. 30, 2014, compared to a net loss attributable to common
stock of $11.98 million on $156.91 million of net sales for the
same period during the prior year.

For the nine months ended Sept. 30, 2014, the Company reported a
net loss attributable to common stock of $11.27 million on $454.65
million of net sales compared to a net loss attributable to common
stock of $41.16 million on $454.10 million of net sales for the
same period in 2013.

The Company's balance sheet at Sept. 30, 2014, showed $338.71
million in total assets, $403.48 million in total liabilities and
a $64.76 million total stockholders' deficit.

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

                        http://is.gd/PwZKK6

                    About International Textile

International Textile Group, Inc., is a global, diversified
textile manufacturer headquartered in Greensboro, North Carolina,
with current operations principally in the United States, China,
Mexico, and Vietnam.  ITG's long-term focus includes the
realization of the benefits of its global expansion, including
reaching full production at ITG facilities in China and Vietnam,
and continuing to seek other strategic growth opportunities.

International Textile reported a net loss attributable to common
stock of the Company of $10.91 million in 2013, as compared with a
net loss attributable to common stock of the Company of $91.45
million in 2012.


JAMES RIVER: Panel Modifies Compensation Terms of Blackstone
------------------------------------------------------------
The Official Committee of Unsecured Creditors in the cases of
James River Coal Company, et al., seek to supplement its retention
of Blackstone Advisory Partners L.P. and modify the terms set
forth in the parties' engagement letter and the Blackstone
Retention Order related to the Firm's compensation.

The Committee relays that following the consummation of the sale
of a substantial portion of the Debtors' assets to Blackhawk
Mining LLC, the Debtors have been in the process of marketing
their few remaining mining operations, and otherwise winding down
the estates.  In an effort to preserve cash needed to fund short-
term operational expenses and the continuing asset sales process,
the Debtors have requested that the Committee restructure the
terms of Blackstone's compensation in a manner that enables the
Debtors to preserve liquidity.  Accordingly, the Committee and
Blackstone have agreed, as an accommodation to the Debtors, to
defer a substantial portion of Blackstone's monthly fees under the
terms and conditions.

As previously noted in the May 26, 2014 edition of The Troubled
Company Reporter, the Committee negotiated that Blackstone's
services as its investment banker will be entitled to (i) a
monthly advisory fee of $150,000 in cash; (ii) a restructuring fee
equal to $1.75 million upon the entry of an order confirming the
Debtors' Chapter 11 plan or a major sale of the Debtors' assets;
and (iii) reimbursement of necessary and actual out-of-pocket
expenses.

Following recent discussions with the Debtors, the Committee and
Blackstone have agreed that:

  (x) the Monthly Fee payable in cash for services rendered to the
      Committee in September 2014 in accordance with the terms of
      the Engagement Letter, will be in the amount of $100,000;

  (y) any Monthly Fee payable to Blackstone for services rendered
      to the Committee from October 2014 onward shall be in the
      amount of $50,000 (which amount may be reduced from time to
      time as may be agreed among Blackstone, the Debtors and the
      Committee, or by further order of the Court), and shall be
      payable by the Debtors as an administrative expense pursuant
      to section 503(b) of the Bankruptcy Code at such time and in
      such manner as administrative expenses and/or earned but
      unpaid financial advisor or investment banker transaction
      fees are paid; and

  (z) no Monthly Fee, including the September Monthly Fee and any
      Subsequent Monthly Fee, shall be credited against the
      Restructuring Fee.

In addition, the Committee and Blackstone have agreed that,
notwithstanding anything to the contrary in the Final DIP Loan
Order, no Subsequent Monthly Fee shall be deemed to be
Professional Fees included in the definition of the "Carve-Out" in
the Final DIP Loan Order.  The DIP Agent has provided its prior
consent to the relief requested.

                        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.

The Debtors are represented by Tyler P. Brown, Esq., Henry P.
(Toby) Long, III, Esq., and Justin F. Paget, Esq. at Hunton &
Williams LLP of Richmond, VA and Marwill S. Huebner, Esq, Brian
M. Resnick, Esq., and Michelle M. McGreal, Esq. at Davis Polk &
Wardwell LLP of New York, NY.  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.

                          *     *     *

The Debtors have won authority to sell the Hampden Mining Complex
(including the assets of Logan & Kanawha Coal Company, LLC), the
Hazard Mining Complex (other than the assets of Laurel Mountain
Resources LLC) and the Triad Mining Complex for $52 million plus
the assumption of certain environmental and other liabilities, to
a unit of Blackhawk Mining.  The Buyer is represented by Mitchell
A. Seider, Esq., and Charles E. Carpenter, Esq., at Latham &
Watkins LLP.


JODIE MARIE CUOMO: Sanction Easier to Show than Legal Malpractice
-----------------------------------------------------------------
Bill Rochelle and Sherri Toub, bankruptcy columnists for Bloomberg
News, reported that the U.S. Bankruptcy Appellate Panel in San
Francisco ruled that to sanction a lawyer for inadequately
representing a bankrupt individual entails fewer procedural
technicalities than a comparable legal malpractice suit.

According to the report, panel said the bankruptcy judge was not
compelled to inform the lawyer that he might be sanctioned under
the court's inherent powers and that it was sufficient to advise
the lawyer that the court might impose sanctions and that the
allegedly objectionable behavior was identified in advance of the
hearing.

The case is DeLuca v. Cuomo (In re Cuomo), 13-1294, 2014 BL
300422, U.S. Ninth Circuit Bankruptcy Appellate Panel (San
Francisco).

A full-text copy of the Decision dated Oct. 21, 2014, is available
at http://bankrupt.com/misc/CUOMO1021.pdf


JOHN HASSALL: To Sell Auction Assets on Dec. 4
----------------------------------------------
he U.S. Bankruptcy Court for the Eastern District of New York
approved the bidding procedures proposed by John Hassall Inc. to
sell substantially all of its assets free and clear of liens,
claims, encumbrances, and interests.

The Debtor named Novaria Group LLC or its affiliate assignee, JHI
Acquire Co. LLC, as the stalking-horse bidder.

Qualified bidders must submit their offers for the Debtor's assets
no later than 12:00 noon on Dec. 1, 2014.

An auction will take place on Dec. 4, 2014, at 11:00 a.m.
(prevailing Eastern time) at the offices of Bond, Schoeneck &
King, PLLC, 1010 Franklin Avenue, Suite 200 in Garden City, New
York, followed by a sale hearing before Judge Alan S. Trust,
United States Bankruptcy Judge, Alfonse M. D'Amato U.S. Courthouse
290 Federal Plaza, Central Islip, New York, Room 960, at 11:00
a.m. the next day.

Objections to the sale, if any, are due Dec. 2, 2014, at 4:00 p.m.
(Prevailing Eastern time).

Based in Westbury, New York, John Hassall Inc. filed for
Chapter 11 protection on April 30, 2014 (Bankr. E.D.N.Y. Case No.
14-71961).  Judge Hon. Alan S Trust presides over the Debtor's
Chapter 11 case.  Stephen A Donato, Esq., at Bond, Schoeneck &
King PLLC, represents the Debtor.  The Debtor both listed assets
and liabilities between $1 million and $10 million.


KENNEDY-WILSON INC: S&P Keeps BB- Notes Rating After $350MM Add-On
------------------------------------------------------------------
Standard & Poor's Ratings Services said its 'BB-' issue-level
rating on Kennedy-Wilson Inc.'s (KW) senior unsecured notes
remains unchanged following the company's announcement of a $350
million add-on to its existing notes due in 2024.  The notes will
be issued under the same indenture as the original 5.875% senior
unsecured $300 million notes issued in March 2014.  KW will use
cash and the net proceeds from the proposed notes to redeem the
outstanding $350 million senior unsecured notes that bear an
interest rate of 8.75%.

S&P's ratings on KW, a commercial real estate (CRE) investment and
services firm, reflect the company's concentration in CRE, rapid
growth, and improving but still moderate cash flow coverage of
interest expenses.  The company's solid investment performance,
strong niche position serving financial institutions, and
conservative financial management support the rating.

RATINGS LIST

Rating Unchanged

Kennedy-Wilson Inc.
Senior Unsecured Notes due 2024         BB-


KINDRED HEALTHCARE: Centerre Deal No Impact on Moody's B1 CFR
-------------------------------------------------------------
Moody's Investors Service commented that Kindred Healthcare,
Inc.'s announcement that the company has signed a definitive
agreement to acquire Centerre Healthcare Corporation for
approximately $195 million is a modest credit negative. Moody's
does not expect a meaningful increase in leverage from this
transaction but the rating agency is concerned about the pace and
magnitude of acquisition activity given the expected closing of
the acquisition of Gentiva Health Services, Inc. in the first
quarter of 2015. There is no immediate impact on Kindred's
ratings, including its B1 Corporate Family Rating and B1-PD
Probability of Default Rating, at this time. Kindred's ratings
were placed under review for downgrade on October 9, 2014
following the announcement that the company would acquire Gentiva
for $1.8 billion.

Centerre currently operates 11 inpatient rehabilitation facilities
in joint ventures with acute care hospital systems. The
acquisition is subject to regulatory approval, consents from
certain joint venture partners and a vote of Centerre's
stockholders and is expected to close in the first quarter of
2015.

Kindred Healthcare, Inc. provided healthcare services in 97 long-
term acute care hospitals (LTCH), five inpatient rehabilitation
hospitals, 99 nursing centers, six assisted living facilities, 152
hospice, home care and private duty services locations, and
operated a contract rehabilitation services business, RehabCare,
as of September 30, 2014.

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


KLX INC: Moody's Assigns Ba2 Corp. Family Rating; Outlook Stable
----------------------------------------------------------------
Moody's Investors Service assigned a Ba2 Corporate Family Rating
(CFR) and Ba2-PD Probability of Default Rating to KLX Inc.,
("KLX"). Concurrently, Moody's assigned the following instrument
ratings: Baa3 to the company's proposed $500 million senior
secured revolving credit facility and Ba3 to the proposed $1.2
billion of senior unsecured notes. Proceeds from the offering will
be used to capitalize KLX following its spin-off from B/E
Aerospace and to pay a one-time dividend of $750 million to B/E,
proceeds of which, will be used to retire existing indebtedness.
The rating outlook is stable.

Assignments:

Issuer: KLX Inc.

  Corporate Family Rating, assigned Ba2

  Probability of Default Rating, assigned Ba2-PD

  $500 million senior secured revolving credit facility due 2019,
  assigned Baa3, (LGD-1)

  $1,200 million senior unsecured notes due 2021, assigned Ba3,
  (LGD-4)

  Speculative Grade Liquidity Rating, SGL-2

Rating outlook: stable

Ratings Rationale

The Ba2 corporate family rating reflects KLX's position as a
leading distributor of aerospace fasteners and consumables, a
relatively robust set of credit metrics, and expectations of
continued favorable commercial aerospace fundamentals. Pro forma
for the KLX spin-off, Moody's anticipate Debt-to-EBITDA of
approximately 3.4x on a Moody's adjusted basis, which positions
the company relatively well in the Ba2 rating category. However,
KLX's modest scale (expected 2014 revenues of about $1. 7 billion)
and an anticipation of negative free cash flow over the next 12 to
15 months (in large part due to a build-up in working capital) act
as rating constraints. Expectations of the company pursuing a high
growth model with additional acquisitions, much of which could be
debt-financed, also temper the rating.

Favorable conditions in the commercial aerospace industry
including a continued expansion of the global airline fleet,
expectations of steady growth in passenger traffic volumes and a
ramp-up of OEM production rates should support earnings growth
over the interim period. KLX's growing presence in the oil & gas
services industry adds end-market diversification and provides
additional opportunities for top line and earnings growth given
the industry's larger size and higher growth rate. That said, the
highly cyclical nature of the oil & gas industry which is prone to
over-building and recent weakness in oil prices act as rating
constraints. The rating also recognizes that following the KLX
spin-off, a transition period will exist during which the company
will have to establish the appropriate infrastructure and systems
in order to operate as a separate, independent entity. KLX's
smaller scale as a stand-alone company coupled with execution risk
associated with this transition period along with considerable
repositioning costs add a measure of uncertainly to company
margins over the near-to-intermediate term.

The rating outlook is stable and anticipates that demand in the
company's aerospace segment remains robust, supported by favorable
industry fundamentals. The stable outlook also assumes revenue and
earnings growth over the next 4 to 6 quarters and an absence of
material debt-funded acquisitions such that Debt-to-EBITDA remains
comfortably below 4.0x.

Upward rating momentum would likely be driven by leverage
approaching or remaining below 3.0x, a continuation of strong
credit metrics and a robust liquidity profile. Sustained positive
free cash flow would be a prerequisite to any upgrade with free-
cash-flow-to-debt expected to range in the mid-to high single
digits.

Factors that could result in a negative outlook or lower ratings
include Debt-to-EBITDA sustained above 4.0x and free cash flow not
becoming positive over the next 4-6 quarters. Ratings could also
be pressured downward if revenues and earnings in the oil & gas
segment were to deteriorate. A weakening liquidity profile or
debt-funded acquisitions that meaningfully increase leverage could
also trigger negative rating actions.

The principal methodology used in these ratings was Global
Aerospace and Defense Industry published in April 2014. Other
methodologies used include Loss Given Default for Speculative-
Grade Non-Financial Companies in the U.S., Canada and EMEA
published in June 2009.

KLX Inc. ("KLX") is a leading distributor of aerospace fasteners
and other consumables and a leading provider of logistic services
to the airline and aerospace industries. KLX is also a growing
provider of technical, logistical and support services to the oil
& gas industry offering a broad range of technical solutions
including wireline services, fishing services, pressure control
equipment and onshore completion services. Revenues for the fiscal
year ended December 31, 2014, are expected to approximate $1.7
billion.


LIBERTY TOWERS: Seeks to Tap David Carlebach as Counsel
-------------------------------------------------------
Liberty Towers Realty LLC seeks permission from the Bankruptcy
Court to employ the Law Offices of David Carlebach as its
bankruptcy counsel.

As counsel to the Debtors, David Carlebach is expected to provide
these services:

   (a) Provide the Debtor with legal counsel with respect
       to its powers and duties as a debtor-in-possession in
       the continued management of its property during the
       Chapter 11 case;

   (b) Prepare on behalf of the Debtor all necessary applications,
       answers, orders, reports, and other legal documents which
       may be required in connection with the Chapter 11 case; and

   (c) Provide the Debtor with legal services with respect to
       formulating and negotiating a plan of reorganization with
       creditors.

David Carlebach Esq., owner of the firm, assures the Court that
his firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

         LAW OFFICES OF DAVID CARLEBACH, ESQ.
         David Carlebach, Esq.
         55 Broadway
         Suite 1902
         New York, NY 10006
         Tel: (212)-785-3041
         Fax: (347)-0472-0094
         E-mail: david@carlebachlaw.com

                       About Liberty Towers

Liberty Towers Realty LLC sought bankruptcy protection in
Brooklyn, New York (Bankr. E.D.N.Y. Case No. 14-45187) on Oct. 15,
2014, just three years after the dismissal of its previous Chapter
11 case.  The petition was signed by Toby Luria as member.  The
Debtor estimated assets and debts of $10 million to $50 million.
The Carlebach Law Group serves as the Debtor's counsel.

Liberty Towers' case was initially assigned to Judge Carla E.
Craig but has been reassigned to Judge Elizabeth S. Stong due to
Liberty's previous bankruptcy case (Case 11-42589).  The previous
case was dismissed July 27, 2011.

Related entity Liberty Towers Realty I, LLC, also sought
bankruptcy protection (Case No. 14-45189) on Oct. 15.

                              *   *   *

The Sec. 341(a) meeting of creditors in the Debtor's case is
currently set for Nov. 21, 2014, at 2:00 p.m.


LINCOLN GARDENS: Voluntary Chapter 11 Case Summary
--------------------------------------------------
Debtor: Lincoln Gardens, Limited Partnership
        c/o Boston Financial Investment Mgmt, LP
        101 Arch Street, 13th Floor
        Boston, MA 02110

Case No.: 14-73350

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: November 12, 2014

Court: United States Bankruptcy Court
       Western District of Arkansas (Fayetteville)

Judge: Hon. Ben T Barry

Debtor's Counsel: Geoffrey B. Treece, Esq.
                  QUATTLEBAUM, GROOMS, TULL & BURROW PLLC
                  111 Center St., Ste. 1900
                  Little Rock, AR 72201
                  Tel: 501-379-1700
                  Fax: 501-379-3835
                  Email: gtreece@qgtb.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Kenneth J. Cutillo, president of BFIM
Lincoln Gardens GP, Inc., the managing GP.

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


LOFINO PROPERTIES: Plan Confirmed; Final Report Due
---------------------------------------------------
U.S. Bankruptcy Judge Lawrence S. Walter directed Lofino
Properties, LLC, et al., to file a final report, providing a
detailed accounting of the payment, transfers, and other
transactions involved in implementing the Second Amended Plan of
Reorganization.

The final report must be filed within one year from the date of
entry of the order confirming the Plan.

On Oct. 16, 2014, the Court entered an order confirming the Plan
filed by Henry E. Menninger, Jr., Chapter 11 trustee for the
Debtors, and First Financial Bank, NA.

The Plan provides that on the Effective Date, the Liquidating
Trust will (a) be established on the terms set forth in the
Liquidating Trust Agreement; and (b) become effective without any
further documentation or need for approval by the Bankruptcy
Court in accordance with Section IV.E of the Plan and vested with
(a) the Causes of Action; (b) the Reorganized Lofino Membership
Interests; (c) any assets of the Debtors not used in the operation
of the First Financial Property; and (d) accounts receivable owed
to Lofino Properties by (i) Michael D. Lofino, (ii) the Estate of
Charles J. Lofino, (iii) 5011 Ocean Blvd, LLC, (iv) Lofino's Food
Stores, Inc., and (v) Dayton Foods Limited Partnership; and (e)
funds recovered by the Trustee prior to the Effective Date.

A copy of the Plan is available for free at:

    http://bankrupt.com/misc/LofinoProperties_355_orderplan.pdf

              About Lofino Properties & Southland 75

Dayton, Ohio-based Lofino Properties, LLC, which owns retail
stores, sought bankruptcy protection (Bankr. S.D. Ohio Case No.
13-34099) on Oct. 4, 2013.  Lofino Properties listed assets of
$19.91 million and liabilities of about $13.15 million.

A sister company, Southland 75 LLC, which owns a strip shopping
center, sought bankruptcy protection (Bankr. S.D. Ohio Case No.
13-34100) on the same day.  Southland 75 listed assets of $8.09
million and liabilities of $5.62 million.

The Hon. Judge Lawrence S. Walter presides over the cases.
According to the petitions, attorneys at Pickrel, Schaeffer, and
Ebeling, in Dayton, Ohio, represent the Debtors as counsel.  The
petitions were signed by Michael D. Lofino, managing member.

In re Southland 75, LLC, case no. 13-34100, has been substantively
consolidated on lead case no. 13-34099.

Henry E. Menninger, Jr., has been appointed the chapter 11
trustee, and is represented by Raymond J. Pikna, Jr., Esq., at
Wood & Lamping LLP.

Attorneys for lender, First Financial Bank, N.A., can be reached
at Robert G. Sanker, Esq., and Jason V. Stitt, Esq., at Keating
Muething & Klekamp PLL.

Maria Mariano Guthrie, Esq., and Leon Friedberg, Esq., at Carlile
Patchen & Murphy, represent Jamie Hadac at Foresite Realty, as
Receiver.

Larry J. McClatchey, Esq., at Kegler Brown Hill + Ritter,
represents LCM Investments Management LLC.

GLICNY Real Estate Holding, LLC, is represented by Isaac M.
Gabriel, Esq., at Quarles & Brady LLP; and Gilbert E. Blomgren,
Esq., at Blomgren & Bobka Co., L.P.A.


LONGVIEW POWER: Court Approves Dunkard Creek Settlement
-------------------------------------------------------
Bill Rochelle and Sherri Toub, bankruptcy columnists for Bloomberg
News, reported that the U.S. Bankruptcy Court in Wilmington, Del.,
approved the settlement between Longview Power LLC and
Pennsylvania regulators that fixes the capital expenditures
required for proper treatment of water pumped out of abandoned
mines near some of its operations in the Dunkard Creek watershed.

As previously reported by The Troubled Company Reporter, citing
The Associated Press, under the settlement, the capacity of the
Steele Shaft Treatment Facility in Pennsylvania operated by Dana
Mining and AMD Reclamation Inc. would be increased which,
according to the Debtor, would lessen or eliminate discharges into
Dunkard Creek.  The settlement, according to the Debtor, was
reached after it entered into talks with the Pennsylvania agency
to determine an alternative means of compliance with the state's
new requirements.  The Debtor had said that it would have to
invest in additional treatment facilities to meet requirements
implemented by the agency since the facility got a discharge
permit in 2003.

                   About Longview Power LLC

Longview Power LLC is a special purpose entity created to
construct, own, and operate a 695 MW supercritical pulverized
coal-fired power plant located in Maidsville, West Virginia, just
south of the Pennsylvania border and approximately 70 miles south
of Pittsburgh.  The project is owned 92% by First Reserve
Corporation (First Reserve or sponsor), a private equity firm
specializing in energy industry investments, through its affiliate
GenPower Holdings (Delaware), L.P., and 8% by minority interests.

Longview Power, LLC, filed a Chapter 11 (Bank. D. Del. Lead Case
13-12211) on Aug. 30, 2013.  The petitions were signed by Jeffery
L. Keffer, the Company's chief executive officer, president,
treasurer and secretary.  The Debtor estimated assets and debts of
more than $1 billion.  Judge Brendan Linehan Shannon presides over
the case.  Kirkland & Ellis LLP and Richards, Layton & Finger,
P.A., serve as the Debtors' counsel.  Lazard Freres & Company LLC
acts as the Debtors' investment bankers.  Alvarez & Marsal North
America, LLC, is the Debtors' restructuring advisors.  Ernst &
Young serves as the Debtors' accountants.  The Debtors' claims
agent is Donlin, Recano & Co. Inc.

The Debtor disclosed assets of $1,717,906,595 plus undisclosed
amounts and liabilities of $1,075,748,155 plus undisclosed
amounts.

Roberta A. DeAngelis, U.S. Trustee for Region 3, disclosed that as
of Sept. 11, 2013, a committee of unsecured creditors has not
been appointed in the case due to insufficient response to the
U.S. Trustee's communication/contact for service on the committee.


LOVE CULTURE: Has Until Dec. 13 to Remove Lawsuits
--------------------------------------------------
The Bankruptcy Court extended until Dec. 13, 2014, Love Culture
Inc.'s time to file notices of removal of lawsuits.

As reported in the Troubled Company Reporter on Oct. 6, 2014, the
Debtor, in a a bridge order, has been given a two-week extension
to file notices of removal of lawsuits.

The Debtor is represented by:

         Kenneth A. Rosen, Esq.
         Cassandra Porter, Esq.
         Keara Waldron, Esq.
         LOWENSTEIN SANDLER LLP
         65 Livingston Avenue
         Roseland, NJ 07068
         Tel: (973) 597-2500
         Fax: (973) 597-2400

                       About Love Culture

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.

On July 23, 2014, the U.S. Trustee for Region 3 appointed GGP
Limited Partnership, Simon Property Group Inc. and Washington
Prime Group Inc., The Macerich Co., Lux Design & Construction
Limited, and Touch Me Fashion Inc. to serve as members of the
official committee of unsecured creditors.  New York-based law
firm Cooley, LLP serves as the committee's counsel.  FTI
Consulting, Inc., serves as the Committee's financial advisors.


MCCLATCHY CO: Files Form 10-Q, Incurs $2.8 Million Q3 Net Loss
--------------------------------------------------------------
The McClatchy Company filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $2.76 million on $277.63 million of net revenues for the
quarter ended Sept. 28, 2014, compared to net income of $7.26
million on $287.04 million of net revenues for the three months
ended Sept. 29, 2013.

For the nine months ended Sept. 28, 2014, the Company reported net
income of $71.34 million on $850.26 million of net revenues
compared to net income of $6.27 million on $877.29 million of net
revenues for the nine months ended Sept. 29, 2013.

The Company's balance sheet at Sept. 28, 2014, the Company had
$2.63 billion in total assets, $2.31 billion in total liabilities
and $318.07 million in stockholders' equity.

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

                         http://is.gd/QzafGG

                      About The McClatchy Company

Sacramento, Cal.-based The McClatchy Company (NYSE: MNI)
-- http://www.mcclatchy.com/-- is the third largest newspaper
company in the United States, publishing 30 daily newspapers, 43
non-dailies, and direct marketing and direct mail operations.
McClatchy also operates leading local Web sites in each of its
markets which extend its audience reach.  The Web sites offer
users comprehensive news and information, advertising, e-commerce
and other services.  Together with its newspapers and direct
marketing products, these interactive operations make McClatchy
the leading local media company in each of its premium high growth
markets.  McClatchy-owned newspapers include The Miami Herald, The
Sacramento Bee, the Fort Worth Star-Telegram, The Kansas City
Star, The Charlotte Observer, and The News & Observer (Raleigh).

The Company reported net income of $18.80 million for the year
ended Dec. 29, 2013, as compared with a net loss of $144,000 for
the year ended Dec. 30, 2012.

                           *     *     *

McClatchy carries a 'Caa1' corporate family rating from Moody's
Investors Service.  In May 2011, Moody's changed the rating
outlook from stable to positive following the company's
announcement that it closed on the sale of land in Miami for
$236 million.  The outlook change reflects Moody's expectation
that McClatchy will utilize the net proceeds to reduce debt,
including its underfunded pension position, which will reduce
leverage by approximately half a turn and lower required
contributions to the pension plan over the next few years.

McClatchy Co. carries a 'B-' Corporate Credit Rating from
Standard & Poor's Ratings Services.

As reported by the TCR on April 2, 2014, Standard & Poor's Ratings
Services affirmed all ratings on U.S. newspaper company The
McClatchy Co., including the 'B-' corporate credit rating, and
revised the rating outlook to stable from positive.  The outlook
revision to stable reflects S&P's expectation that the
timeframe for a potential upgrade lies beyond the next 12 months,
and could also depend on the company realizing value from its
digital minority interests.


MERCATOR MINERALS: Recoveries Under Settlement Agreement Uncertain
------------------------------------------------------------------
Silver Wheaton on Nov. 12 disclosed that on August 26, 2014,
Mercator Minerals Ltd. disclosed that they had filed a Notice of
Intention under the Canadian Bankruptcy and Insolvency Act
("BIA"). Mercator was subsequently deemed to have filed an
assignment in bankruptcy under the BIA. In addition, four of
Mercator's subsidiaries (including Mineral Park Inc., the owner of
the Mineral Park mine) filed Chapter 11 bankruptcy petitions in
the United States. As a result, management has concluded that the
value of the Mineral Park silver interest is nominal, and as such
has reported an impairment charge of $37.1 million during the
current period, representing the carrying value of the Mineral
Park silver interest at September 30, 2014.

On November 4, 2014, the United States Bankruptcy Court for the
District of Delaware approved a settlement agreement among Silver
Wheaton, the four Mercator United States subsidiaries in
bankruptcy and their secured lenders. Under the settlement
agreement, a portion of the sale proceeds from the sale of the
Mineral Park mine and assets is to be paid to Silver Wheaton and
Silver Wheaton retains the right to proceed against Mercator, the
Canadian parent company, as guarantor under the stream. In return
for these agreements, the settlement provides for the termination
of any claim Silver Wheaton may have against the Mineral Park
mine. If Silver Wheaton recovers proceeds under the settlement
agreement, Silver Wheaton will recognize such proceeds in the
period in which they are received. The amount of any recoveries by
Silver Wheaton under the settlement agreement and the ultimate
outcome and recoveries from the Canadian bankruptcy proceedings
are uncertain.

As at September 30, 2014, the Company has received approximately
2.1 million ounces of silver related to the Mineral Park mine
under the agreement, generating cumulative operating cash flows of
approximately $51.1 million, as compared to an original upfront
cash payment of $42.0 million.

The disclosure was made in Silver Wheaton's earnings release for
the third quarter ended September 30, 2014, a copy of which is
available for free at http://is.gd/X1zNoD

                       About Silver Wheaton

Silver Wheaton is the largest pure precious metals streaming
company in the world.  Based upon its current agreements, forecast
2014 annual attributable production is approximately 36 million
silver equivalent ounces(1), including 155,000 ounces of gold.  By
2018, annual attributable production is anticipated to increase
significantly to approximately 48 million silver equivalent
ounces(1), including 250,000 ounces of gold.  This growth is
driven by the Company's portfolio of low-cost and long-life
assets, including precious metal and gold streams on Hudbay's
Constancia project and Vale's Salobo and Sudbury mines.

                   About Mercator Minerals Ltd.

Mercator Minerals Ltd., a TSX listed base metals mining company,
operates the wholly-owned copper/molybdenum/silver Mineral Park
Mine in Arizona, USA. Mercator also wholly-owns two development
projects in Sonora, Mexico: the copper heap leach El Pilar project
and the molybdenum/copper El Creston project.


MERCER INT'L: S&P Raises CCR to 'B+' on Proposed Refinancing
------------------------------------------------------------
Standard & Poor's Ratings Services said it raised its long-term
corporate credit rating on Vancouver-based Mercer International
Inc. to 'B+' from 'B'.  The outlook is stable.

Standard & Poor's also raised its issue-level rating on Mercer's
senior unsecured notes to 'B+' from 'B'.  The '3' recovery rating
on the notes is unchanged, indicating S&P's expectation that
lenders could expect meaningful (50%-70%) recovery in the event of
default or bankruptcy.  S&P's recovery expectations are in the
upper half of the 50%-70% range.

At the same time, Standard & Poor's assigned its 'B+' issue-level
rating and '3' recovery rating to Mercer's proposed US$250 million
and US$400 million senior unsecured notes due 2019 and 2022,
respectively.

"The upgrade reflects our expectation of improved leverage metrics
as the proposed refinancing transaction will result in significant
debt reduction," said Standard & Poor's credit analyst Jamie
Koutsoukis.

The ratings on Mercer reflect what Standard & Poor's views as the
company's "weak" business risk profile and "aggressive" financial
risk profile.  S&P bases its assessment of Mercer's business risk
profile on it participation in the fragmented and highly
competitive pulp industry within which the company has limited
pricing power due to the commodity nature of the pulp it sells.
S&P's business risk profile also reflects the company's limited
product and asset diversity as a pureplay northern bleached
softwood kraft pulp (NBSK) producer with only three mills, which
leaves the company exposed to volatile pulp prices and potential
mill disruptions that could negatively affect free cash flow.

Partially offsetting the above weaknesses is S&P's view that
Mercer's mills are modern and efficient with the capacity to
produce significant excess energy as a byproduct of the pulping
process.

The stable outlook reflects S&P's view that Mercer will maintain
an adjusted debt-to-EBITDA ratio of about 3x in the next 12 months
supported by NBSK pulp prices S&P believes will remain near
current levels.

S&P could upgrade Mercer if the company maintains adjusted debt-
to-EBITDA near or below 3x on a sustained basis, or if it invests
in assets that add product diversity and stability to earnings.

Conversely, S&P could downgrade Mercer if adjusted debt-to-EBITDA
approaches 5x, which could occur if realized pulp prices decline
significantly as a result of weak end user demand or overcapacity
in the industry.


MICRO CONTRACT: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Micro Contract Manufacturing, Inc.
        119 Comac Street
        Ronkonkoma, NY 11779

Case No.: 14-75107

Chapter 11 Petition Date: November 12, 2014

Court: United States Bankruptcy Court
       Eastern District of New York (Central Islip)

Judge: Hon. Robert E. Grossman

Debtor's Counsel: Harold M Somer, Esq.
                  HAROLD M. SOMER, PC
                  1025 Old Country Road, Suite 404
                  Westbury, NY 11590
                  Tel: 516 248-8962
                  Fax: 516 333-0654
                  Email: harold.somer@verizon.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Thomas DeGasperi, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/nyeb14-75107.pdf


MICROVISION INC: Reports $3.3 Million Net Loss for Third Quarter
----------------------------------------------------------------
MicroVision, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $3.35 million on $968,000 of total revenue for the three months
ended Sept. 30, 2014, compared to a net loss of $3.66 million on
$964,000 of total revenue for the same period in 2013.

For the nine months ended Sept. 30, 2014, the Company reported a
net loss of $14.77 million on $2.79 million of total revenue
compared to a net loss of $10.75 million on $4.63 million of total
revenue for the nine months ended Sept. 30, 2013.

As of Sept. 30, 2014, the Company had $14.35 million in total
assets, $4.64 million in total liabilities and $9.70 million in
total stockholders' equity.

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

                         http://is.gd/DPzhG8

                        About Microvision Inc.

Headquartered in Redmond, Washington, MicroVision, Inc. (NASDAQ:
MVIS) is the creator of PicoP(R) display technology, an ultra-
miniature laser projection solution for mobile consumer
electronics, automotive head-up displays and other applications.

MicroVision reported a net loss of $13.17 million in 2013, as
compared with a net loss of $22.69 million in 2012.

Moss Adams LLP, in Seattle, Washington, issued a "going concern"
qualification on the consolidated financial statements for the
year ended Dec. 31, 2013.  The independent auditors noted that
the Company has suffered recurring losses from operations and has
a net capital deficiency that raise substantial doubt about its
ability to continue as a going concern.


MILLER AUTO: Withdraws Bid to Hire Huron as Investment Banker
-------------------------------------------------------------
Miller Auto Parts & Supply Company, Inc., Johnson Industries,
Inc., Miller Auto Parts & Paint Company, Inc., and AutoParts
Tomorrow.com, LLC withdrew their application to employ Huron
Transaction Advisory, LLC, as investment banker.

The Official Committee of Unsecured Creditors and prepetition
secured lender FCC LLC, dba First Capital, previously filed
objections to the retention of Huron Transaction.

                     About Miller Auto Parts

Miller Auto Parts & Supply Company, Inc., and its affiliates are
distributors of automotive parts and service equipment.  The
companies operate from the Johnson Industries Inc.'s headquarters
in Atlanta, Georgia and have distribution operations in the
southeast, northeast and on-line.  The Southeastern distribution
center is located in Norcross, Georgia and supports nine satellite
centers across the state and supplies parts to key fleet customers
across the country.

Miller Auto Parts and its three subsidiaries sought Chapter 11
bankruptcy protection (Bankr. N.D. Ga.) on Sept. 15, 2014.  The
Debtors have sought joint administration under Lead Case No. 14-
68113.  The cases are assigned to Judge Mary Grace Diehl.

The Debtors have tapped Scroggins & Williamson as counsel and
Logan & Co. as claims and noticing agent.

The U.S. Trustee for Region 21 appointed three creditors of Miller
Auto Parts & Supply Company Inc. to serve on the official
committee of unsecured creditors.  The Committee selected Kane
Russell Coleman & Logan as its counsel.


MILLER AUTO: Committee Taps McKenna Long as Local Counsel
---------------------------------------------------------
The Official Committee of Unsecured Creditors in the cases of
Miller Auto Parts & Supply Company, Inc. and its debtor affiliates
seeks to retain McKenna Long & Aldridge LLP as its counsel.

The Committee will require McKenna Long to:

-- provide it with legal advice with respect to its powers,
    rights, duties, and obligations in the Debtors' Chapter 11
    cases; and

-- assist and advise it in its consultations with the Debtors
    regarding the administration of these cases.

The hourly rate for Henry F. Sewell, Jr., the attorney who will
primarily be performing services for the Committee will be $565.

Mr. Sewell, a partner at McKenna Long & Aldridge, assures the
Court that the Firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code.

The Firm can be reached at:

     MCKENNA LONG & ALDRIDGE LLP
     Henry F. Sewell, Jr., Esq.
     303 Peachtree Street, Suit 5300
     Atlanta, George 30308
     Tel No: (404) 527-400
     Fax No: (404) 527-4198
     E-mail: hsewell@mckennalong.com

                      About Miller Auto Parts

Miller Auto Parts & Supply Company, Inc., and its affiliates are
distributors of automotive parts and service equipment.  The
companies operate from the Johnson Industries Inc.'s headquarters
in Atlanta, Georgia and have distribution operations in the
southeast, northeast and on-line.  The Southeastern distribution
center is located in Norcross, Georgia and supports nine satellite
centers across the state and supplies parts to key fleet customers
across the country.

Miller Auto Parts and its three subsidiaries sought Chapter 11
bankruptcy protection (Bankr. N.D. Ga.) on Sept. 15, 2014.  The
Debtors have sought joint administration under Lead Case No. 14-
68113.  The cases are assigned to Judge Mary Grace Diehl.

The Debtors have tapped Scroggins & Williamson as counsel and
Logan & Co. as claims and noticing agent.

The U.S. Trustee for Region 21 appointed three creditors of Miller
Auto Parts & Supply Company Inc. to serve on the official
committee of unsecured creditors.  The Committee selected Kane
Russell Coleman & Logan as its counsel.


MIMI TALBOTT: Panel's Motion to Consolidate Case With Greg Pending
------------------------------------------------------------------
Adolfo Pesquera at Daily Business Review reports that the motion
of the unsecured creditors committee to consolidate the bankruptcy
cases of Greg Talbott and his wife Mimi is still pending.

The Talbotts "were husband and wife at the time of the filing of
each of their respective cases and were eligible to have filed a
joint petition.  The schedules in each of the two cases reveal
that with the exception of less than $100,000 of individual debt
in the debtor's case, the liabilities are joint," Business Review
quoted Chad Pugatch, Esq., at Rice Pugatch Robinson & Schiller,
the attorney for the Committee, as saying.

Business Review recalls that Mr. Talbott, a real estate developer
in Boca Raton, was forced on Feb. 28, 2013, into an involuntary
Chapter 7 bankruptcy by his creditors with debts in excess of $22
million.  The report says that as Mr. Talbott's bankruptcy
progressed, his relationship with his wife became more strained
and they separated.

A limited partner of Mr. Talbott brought a claim in Palm Beach
Circuit Court against his wife to enforce a settlement agreement
relating to Mr. Talbott's business affairs, Business Review
states, citing James Fierberg, Esq., at Bast Amron LLP, Mrs.
Talbott's attorney.

Mrs. Talbott, says Business Review, filed for Chapter 11
bankruptcy to stay the enforcement action, and less than a week
later, Greg Talbott died of a self-inflicted gunshot wound.

According to Business Review, Mr. Fierberg said that there were
some overlapping assets that belonged to his client and her
husband, "but there was a lot of separateness as well."

Mimi Jill Talbott filed for Chapter 11 bankruptcy protection on
May 9, 2014.  Judge Erik P. Kimball presides over the case.
Jeffery Bast, Esq., James Fierberg, Esq., and Angela Fiorentino,
Esq., at Bast Amron LLLP serves as Mrs. Talbott's attorneys.


MINI MASTER: Has Until February 2015 to File Chapter 11 Plan
------------------------------------------------------------
The Hon. Mildred Caban Flores of the U.S. Bankruptcy Court for the
District of Puerto Rico extended the exclusive periods of Mini
Master Concrete Services Inc. to:

  a) file a Chapter 11 plan through and including Feb. 27, 2015;
     and

  b) solicit acceptances from creditors of that plan until April
     26, 2015.

The Debtor told the Court that, although substantial work has
been done to accomplish the filing of the plan and disclosure
statement, it needs an additional period of time to execute and
implement fundamental operational changes to provide feasibility
to its operations as well as to present the Court, with a
confirmable plan.

                     About Mini Master Concrete

Mini Master Concrete aka Mini Master aka Empresas Master filed a
Chapter 11 petition (Bankr. D.P.R. Case No. 13-10302) on Dec. 11,
2013, in Old San Juan, Puerto Rico.  Charles A. Cuprill, PSC Law
Office, also serves as counsel to Mini Master Concrete.  The
petition was signed by Carmen Betancourt, president.

Affiliate Master Aggregates Toa Baja Corporation also filed a
Chapter 11 petition (Bankr. D.P.R. Case No. 13-10305) in Old San
Juan, Puerto Rico on Dec. 11, 2013.  The Debtor disclosed
$11,125,939 in assets and $10,148,437 in liabilities.

The Debtor selected Charles Alfred Cuprill, Esq., at Charles A
Cuprill, PSC Law Office, as its counsel.


MINI MASTER: Amends Schedules of Assets and Liabilities
-------------------------------------------------------
Mini Master Concrete Services Inc. filed with the Bankruptcy Court
for the District of Puerto Rico an amended schedules of assets and
liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                $7,525,436
  B. Personal Property            $7,754,175
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                                $5,956,829
  E. Creditors Holding
     Unsecured Priority
     Claims                                           $51,394
  F. Creditors Holding
     Unsecured Non-priority
     Claims                                        $8,683,141
                                 -----------      -----------
        TOTAL                    $15,279,612      $14,700,365

The Debtor originally reported $8,349,538 of creditors holding
unsecured non-priority claims.

A full-text copy of the amended schedules is available for free
at http://is.gd/Tmf5xv

                     About Mini Master Concrete

Mini Master Concrete aka Mini Master aka Empresas Master filed a
Chapter 11 petition (Bankr. D.P.R. Case No. 13-10302) on Dec. 11,
2013, in Old San Juan, Puerto Rico.  Charles A. Cuprill, PSC Law
Office, also serves as counsel to Mini Master Concrete.  The
petition was signed by Carmen Betancourt, president.

Affiliate Master Aggregates Toa Baja Corporation also filed a
Chapter 11 petition (Bankr. D.P.R. Case No. 13-10305) in Old San
Juan, Puerto Rico on Dec. 11, 2013.  The Debtor disclosed
$11,125,939 in assets and $10,148,437 in liabilities.

The Debtor selected Charles Alfred Cuprill, Esq., at Charles A
Cuprill, PSC Law Office, as its counsel.


MULTI-COLOR CORP: S&P Assigns 'BB-' CCR & Rates $250MM Notes 'B+'
-----------------------------------------------------------------
Standard & Poor's Ratings Services assigned its 'BB-' corporate
credit rating to Multi-Color Corp.  The outlook is stable.

S&P assigned a 'B+' issue-level rating and a '5' recovery rating
to the company's proposed $250 million senior unsecured notes due
2022.  The '5' recovery rating indicates S&P's expectation of
modest (10% to 30%) recovery in the event of payment default.

At the same time, S&P assigned a 'BB+' issue-level rating and '1'
recovery rating to the company's proposed $500 million senior
secured revolving credit facilities.  The '1' recovery rating
indicates S&P's expectation of very high (90% to 100%) recovery in
the event of payment default.

The company will use the $250 million senior unsecured notes due
2022 and about $212 million drawn under the new revolving credit
facilities to pay about $462 million in senior secured facilities
and fees and expenses.

"Our ratings on Multi-Color reflect the company's "fair" business
risk profile and "aggressive" financial risk profile," said
Standard & Poor's credit analyst Henry Fukuchi.  The business risk
profile largely reflects S&P's view of the company's leading
market position in the labels industry and relatively stable
profitability.  Multi-Color is a publicly listed labels
manufacturer with revenues of about $740 million as of the 12-
months ended June 30, 2014, and is the second-largest North
American labels manufacturer and the largest label supplier in the
global wine and spirits market.  Multi-Color mostly serves stable
end markets like wine and spirits and food and beverage.

Multi-Color's "fair" business risk profile also reflects some
level of stability in profitability supported by 50% of sales
under contracts with raw material pass-through provisions.  The
company uses a wide range of substrates which partially mitigates
raw material cost fluctuations.  The company's narrow scope of
operations and high competition in the fragmented labels industry
somewhat offset these benefits.

The "fair" business risk profile is somewhat offset by S&P's
expectation that debt-funded acquisitions may weaken the financial
risk profile in the next few years.  After the completion of the
transaction, S&P expects the company's financial profile to be
aggressive, and believe it to remain so given the potential for
sizable acquisitions which we expect to be part of its growth
strategy.

S&P assess Multi-Color's financial profile as "aggressive".  The
credit measures (based on a weighted average of five years
including historical and forecast results) reflect aggressive
financial risk, with core ratios of adjusted debt to EBITDA in the
range of 4x to 5x and FFO to adjusted debt in the range of 12% to
20%.

The stable outlook reflects favorable operating trends supported
by largely steady end markets related to food and beverage and
consumer products and healthcare related products.  S&P expects
the company will continue to pursue moderate-sized acquisitions
while maintaining the aggressive financial risk profile.  Over the
next few quarters, S&P expects FFO to adjusted debt to be in the
12% to 20% range and adjusted debt to EBITDA to be in the 4x to 5x
range.

S&P could lower ratings if leverage increases above 5x or if FFO
to adjusted debt falls below 12% resulting from large debt
financed acquisitions, or if EBITDA unexpectedly declines or
liquidity becomes less than adequate.  In a downgrade scenario,
EBITDA margins could decrease over 400 basis points (bps) and
revenues decline over 10% from S&P's current expectations.
Additionally, S&P could lower ratings if an increased threat to
the labels industry emerges as manufacturers switch away from
traditional labels to new methods, such as direct object printing.

The company's limited product diversity, along with an absence of
a track record as a rated entity make an upgrade in the next year
unlikely.  S&P could, however, consider an upgrade over the longer
term if financial policies support debt leverage consistently
below 4x and FFO to adjusted debt above 20%.  This could occur if
EBITDA margins increase over 400 bps and revenues increase more
than 5% from S&P's current expectations.  In addition, S&P would
also need to understand that future financial policies would
support the improved financial risk profile.


NEONODE INC: Incurs $3.2 Million Net Loss in Third Quarter
----------------------------------------------------------
Neonode Inc. filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
of $3.24 million on $1.12 million of net revenues for the three
months ended Sept. 30, 2014, compared to a net loss of $3.34
million on $1.07 million of net revenues for the same period in
2013.

For the nine months ended Sept. 30, 2014, the Company reported a
net loss of $11.12 million on $3 million of net revenues compared
to a net loss of $10.03 million on $2.70 million of net revenues
for the same period last year.

As of Sept. 30, 2014, the Company had $11.31 million in total
assets, $5.22 million in total liabilities and $6.08 million in
total stockholders' equity.

At Sept. 30, 2014, the Company had cash of $8.8 million.

Working capital (current assets less current liabilities) was $5.7
million at Sept. 30, 2014, compared to working capital of $6
million at Dec. 31, 2013.

The Company believes it has sufficient cash to operate for the
next twelve months.

"The ramp of our printer business is progressing according to plan
and related revenues should continue to increase as new printers
are introduced and shipping is ramping.  We expect to solidify our
share of the more than 100 million unit printer market.  We
believe our technology is the most compelling touch solution for
the printer market," said Neonode's VP Consumer Sales Bengt
Edlund.

"We are in business discussions with a majority of the major OEM's
and ODM's in the PC segment.  We have also enhanced our value
proposition even further by developing an end-to-end supply chain
with our partners and they can now deliver fully tested touch
module which will simplify the integration and reduce the time-to-
market," said Neonode's CEO Thomas Eriksson.

"After several years of development with our automotive customers
we are beginning to enjoy the fruits of our labor.  Volvo, and
several other auto OEMs are going into production on specific
models of automobiles that incorporate our touch in the
infotainment systems.  We are extremely satisfied of our
accomplishments in successfully completing these demanding
projects and seeing the first cars hit the market," said Neonode's
VP Automotive Sales Gunnar Frojdh.

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

                        http://is.gd/CWwEmf

                          About Neonode Inc.

Lafayette, Calif.-based Neonode Inc. (OTC BB: NEON)
-- http://www.neonode.com/-- provides optical touch screen
solutions for hand-held and small to midsize devices.

Neonode reported a net loss of $13.08 million in 2013, a net loss
of $9.28 million in 2012 and a net loss of $17.14 million in 2011.


NEW LOUISIANA: Wants Until Jan. 16 to Propose Reorganization Plan
-----------------------------------------------------------------
New Louisiana Holdings, LLC, et al., ask the Bankruptcy Court to
extend their exclusive periods to file a Plan of Reorganization
until Jan. 16, 2015, and solicit acceptances for that Plan until
March 17, 2015.

New Louisiana Holdings LLC, sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. W.D. La. Case No. 14-50756), on
June 25, 2014.

Ten affiliates of New Louisiana -- Acadian 4005 Tenant, LLC (Case
No. 14-50850), Atrium 6555 Tenant, LLC, dba The Atrium at
Lafreniere Assisted Living (Case No. 14-50851), Citiscape 5010
Tenant, LLC, dba Citiscape Apartments (Case No. 14-50853),
Lakewood Quarters Assisted 8585 Tenant, LLC (Case No. 14-50854),
Lakewood Quarters Rehab 8225 Tenant, LLC (Case No. 14-50855),
Panola 501 Partners, LP (Case No. 14-50862), Regency 14333 Tenant,
LLC (Case No. 14-50861), Retirement Center 14686 Tenant, LLC (Case
No. 14-50856), Sherwood 2828 Tenant, LLC (Case No. 14-50857), St.
Charles 1539 Tenant, LLC (Case No. 14-50858) and Woodland Village
5301 Tenant, LLC (Case No. 14-50859) filed Chapter 11 bankruptcy
petitions on July 16, 2014.

Fifteen additional affiliates of New Louisiana -- SA-PG Ocala LLC
(Case No. 14-50909), SA-PG Operator Holdings LLC (Case No. 14-
50912), SA-PG Clearwater LLC (Case No. 14-50913), SA-PG
Gainesville LLC (Case No. 14-50914), SA-PG Jacksonville LLC (Case
No. 14-50915), SA-PG Largo LLC (Case No. 14-50916), SA-PG North
Miami LLC (Case No. 14-50917), SA-PG Orlando LLC (Case No. 14-
50918), SA-PG Pinellas LLC (Case No. 14-50919), SA-PG Port St.
Lucie LLC (Case No. 14-50920), SA-PG Sun City Center LLC (Case No.
14-50921), SA-PG Tampa LLC (Case No. 14-50922), SA-PG Vero Beach
LLC (Case No. 14-50923), SA-PG West Palm Beach LLC (Case No. 14-
50924) and SA-PG Winterhaven LLC (Case No. 14-50925) filed
separate Chapter 11 bankruptcy petitions on July 28, 2014.

Four more affiliates of New Louisiana -- CHC-CLP Operator Holding
LLC (Case No. 14-51104), SA-St. Petersburg LLC (Case No. 14-
51101), SA-Clewiston LLC (Case No. 14-51102) and SA-Lakeland LLC
(Case No. 14-51103) -- that operate skilled nursing facilities
located in Lakeland, Clewiston and St. Peterburg, Florida, sought
protection under Chapter 11 of the Bankruptcy Code on Sept. 3,
2014.

The Chapter 11 cases are jointly consolidated with New Louisiana's
Chapter 11 case at Case No. 14-50756 before Judge Robert
Summerhays of the United States Bankruptcy Court for the Western
District of Louisiana (Lafayette).

The Debtors are represented by Patrick J. Neligan, Jr., Esq., at
Neligan Foley LLP, in Dallas, Texas.

The U.S. Trustee for Region 5 on Oct. 3 appointed three creditors
of New Louisiana Holdings, LLC to serve on the official committee
of unsecured creditors.


NEW YORK CITY OPERA: Files Fifth Exclusivity Motion
---------------------------------------------------
Bill Rochelle and Sherri Toub, bankruptcy columnists for Bloomberg
News, reported that New York City Opera asked for a fifth
extension of the deadline on its exclusive right to file a
Chapter 11 plan.  According to the report, the opera said not
extending its exclusive plan filing deadline until Dec. 28 would
be a "serious detriment" to discussions "regarding the disposition
of assets."

                    About New York City Opera

New York City Opera, Inc., sought Chapter 11 bankruptcy protection
(Bankr. S.D.N.Y. Case No. 13-13240) on Oct. 3, 2013.  Created 70
years ago, the company was once dubbed "the people's opera"
by Mayor Fiorello LaGuardia, and was a breeding ground for young
talent that included Beverly Sills and Placido Domingo.

The Opera estimated between $1 million and $10 million in both
assets and debt.

The petition was signed by George Steel, general manager and
artistic director.  Kenneth A. Rosen, Esq., at Lowenstein Sandler
LLP, serves as the opera's counsel.  Ewenstein Young & Roth LLP
serves as special counsel.


NNN 3500: Court Takes Chapter 11 Plan Approval Under Advisement
---------------------------------------------------------------
The Bankruptcy Court, according to NNN 3500 Maple 26, LLC, et
al.'s case docket, has taken the approval of the Chapter 11 Plan
under advisement.

The Court has considered the matter at a hearing held on Oct. 21,
2014.

On Oct. 17, the Debtors replied to the limited objection filed by
U.S. Bank National Association, as trustee, stating that their
Plan was overwhelmingly approved by the only impaired voting
class.  The Debtors received no objections to the plan, except by
one creditor that has actually already been paid and has held the
undisputed excess proceeds necessary to consummate the Plan
hostage for five months -- CWCapital Assets Management LLC.

According to the Debtors, CWCAM's arguments contradict one
another.  There is simply no basis for additional interest on a
satisfied claim.

U.S. Bank is successor-in-interest to Bank of America, N.A., as
trustee for the Registered Holders of Wachovia Bank Commercial
Mortgage Trust, Commercial Mortgage Pass-Through Certificates,
Series 2006-C23, by and through CWCAM.

                  About NNN 3500 Maple Entities

NNN 3500 Maple 26, LLC, based in Costa Mesa, Calif., filed for
Chapter 11 bankruptcy (Bankr. C.D. Calif. Case No. 12-23718) on
Nov. 30, 2012.  Judge Scott C. Clarkson presided over the case.
In its schedules, the Debtor disclosed $45,563,241 in total assets
and $46,658,593 in total liabilities.

On Jan. 23, 2013, the California Bankruptcy Court entered an order
transferring venue of the bankruptcy case to the U.S. Bankruptcy
Court for the Northern District of Texas (Case No. 13-30402).
Judge Harlin DeWayne Hale in Dallas presides over the case.

On Aug. 29, 2013, 26 other affiliates filed separate Chapter 11
petitions.  These entities are: NNN 3500 Maple 1, LLC, NNN 3500
Maple 2, LLC, NNN 3500 Maple 3, LLC, NNN 3500 Maple 4, LLC, NNN
3500 Maple 5, LLC, NNN 3500 Maple 6, LLC, NNN 3500 Maple 7, LLC,
NNN 3500 Maple 10, LLC, NNN 3500 Maple 12, LLC, NNN 3500 Maple 13,
LLC, NNN 3500 Maple 14, LLC, NNN 3500 Maple 15, LLC, NNN 3500
Maple 16, LLC, NNN 3500 Maple 17, LLC, NNN 3500 Maple 18, LLC, NNN
3500 Maple 20, LLC, NNN 3500 Maple 22, LLC, NNN 3500 Maple 23,
LLC, NNN 3500 Maple 24, LLC, NNN 3500 Maple 27, LLC, NNN 3500
Maple 28, LLC, NNN 3500 Maple 29, LLC, NNN 3500 Maple 30, LLC, NNN
3500 Maple 31, LLC, NNN 3500 Maple 32, LLC, and NNN 3500 Maple 34.

Each Debtor holds an ownership interest as a tenant in common in
an 18-story commercial office building commonly known as 3500
Maple Avenue, Dallas, Texas 75219.

These TICs have not filed for bankruptcy: NNN 3500 Maple 0, LLC,
NNN 3500 Maple 8, LLC, NNN 3500 Maple 9, LLC, NNN 3500 Maple 11,
LLC, NNN 3500 Maple 25, LLC, and NNN 3500 Maple 35, LLC.

Bankruptcy Judge Harlin DeWane Hale denied confirmation of two
competing reorganization plans filed in the Chapter 11 cases of
NNN 3500 Maple 26 LLC and its affiliated debtors.

The Plan is to be funded by an $8.5 million "Cash Infusion" and
"Additional Equity Contributions" of around $10 million.  Under
the Debtors' Plan, the building will undergo substantial
rehabilitation.

The Plan propose by Strategic Acquisition Partners, LLC, a party
that acquired a claim in the case, similar to the Debtors', in an
attempted cure and restatement, will replace the Borrower with
NewCo under the Loan Documents.  NewCo will be divided into Class
A and Class B membership interests.

An official creditors' committee has not been appointed in this
case.  Neither a trustee nor an examiner has been appointed.

The Debtors are represented by Michelle V. Larson, Esq., at
ANDREWS KURTH LLP, and Jeremy B. Reckmeyer, Esq., at ANDREWS KURTH
LLP.

Strategic Acquisition Partners LLC is represented by Joseph J.
Wielebinski, Esq., Davor Rukavina, Esq., Zachery Z. Annable, Esq.,
and Thomas D. Berghman, Esq., at MUNSCH HARDT KOPF & HARR, P.C.

William B. Finkelstein, Esq., Esq., and Jeffrey R. Fine, Esq., at
DYKEMA GOSSETT PLLC serve as counsel to Maple Avenue Tower, LLC.


OPTIM ENERGY: Amendment No. 7 to Credit Agreement Authorized
------------------------------------------------------------
The Bankruptcy Court authorized Optim Energy, LLC, et al., to
enter into Amendment No. 7 to that certain senior secured debtor-
in-possession security and guaranty agreement dated as of Feb. 12,
2014, among the borrower, the guarantors, the DIP lenders, the
administrative agent and the L/C issuer which was approved by the
final DIP order on March 6, 2014.

Objections to the motion were denied and overruled.

The Debtors are also authorized to make adequate protection to the
prepetition secured parties to reduce the prepetition
indebtedness.

Wells Fargo, as the L/C issuer and the account bank will release
and transfer the released proceeds to a bank account selected by
Cascade Investment, L.L.C., for the benefit of the prepetition
secured parties.

As reported in the Troubled Company Reporter on March 18, 2014,
Judge Brendan L. Shannon gave the Debtors final authorization to
obtain an aggregate principal amount of $115,000,000, from Cascade
Investment, L.L.C., and a consortium of financial institutions, if
any, to be determined by Cascade.  Wells Fargo Bank, N.A., will
act as administrative agent and issuing bank for the letters of
credit issued under the DIP Facility.

The Debtors also obtained final authority to use cash collateral
securing their prepetition indebtedness to fund working capital,
general corporate purposes, certain hedging obligations relating
to energy trading contracts, replacement of existing letters of
credit, and restructuring expenses and professional fees.

The DIP Facility matures the earlier of (a) 12 months after the
Petition Date or 15 months if the extension option is exercised,
(b) the effective date of a chapter 11 plan of reorganization of
any of the Debtors, and (c) the date that the DIP Facility is
accelerated.

To the extent not withdrawn, waived or settled, all objections,
including the objections filed by Walnut Creek Mining Company,
Lyondell Chemical Company, and Robertson County, Texas, were
overruled.

Walnut Creek, the Debtors' sole supplier of coal, complained that
the proposed DIP Facility and DIP Orders constitute unfair insider
transactions designed to leverage the bankruptcy process for the
advantage of insider Cascade to the detriment of Walnut Creek and
the rest of the creditor body.  The insider lender?s overreaching
efforts to structure the postpetition financing to divert all
value of the Debtors? estates to the equity insider while also
hampering any attempts to challenge the insider?s pre- and post-
petition conduct and purported claims should not be permitted,
Walnut argued.

Lyondell said it does not object generally to the DIP financing as
sought in the DIP Financing Motion.  Lyondell said it only wants
to ensure that the DIP Facility does not interfere with the
Debtors? operations under the contracts entered into prepetition
between Lyondell as ground lessor and steam host, and Optim Energy
Altura Cogen LLC as ground lessee and supplier of steam and
electricity to Lyondell.

Robertson County objects to the relief requested by the Debtors
pursuant to the DIP Motion for the reason that it is unclear from
the Motion and the Interim and proposed Final Order whether the ad
valorem tax liens are to be primed pursuant to Section 364 (d).

The Debtors told the Court prior to the final DIP hearing that
they entered into negotiations with the Objecting Parties and the
DIP Lender, which led to the revision of the proposed final DIP
Order.  To accommodate the concerns of the Objecting Parties, the
DIP Order provides that the automatic stay is vacated and modified
to the extent necessary to permit the Administrative Agent, the
L/C Issuer and the DIP Lenders to exercise, upon the occurrence of
an event of default, all rights and remedies in accordance with
the DIP Credit Agreement, after giving prior written notice to the
U.S. Trustee, the Debtors, any official committee appointed,
Walnut Creek, and Lyondell.  The Final DIP Order further provides
that Lyondell may still raise objections and arguments, if any,
that may be properly raised under Section 365 or 363 of the
Bankruptcy Code relating to any proposed sale, full transfer or
full assignment of any real estate lease or contract to which it
and a Debtor are a party.

                        About Optim Energy

Optim Energy, LLC, and its affiliates are power plant owners
principally engaged in the production of energy in Texas's
deregulated energy market.  Optim owns and operates three power
plants in eastern Texas: the Twin Oaks plant in Robertson County,
Texas, the Altura Cogen plant in Harris County, Texas and the
Cedar Bayou plant in Chambers County, Texas.  The Altura and Cedar
Bayou plants are fueled by natural gas, and the third is coal-
fired.

Optim Energy and its affiliates sought Chapter 11 protection from
creditors (Bankr. D. Del. Lead Case No. 14-10262) on Feb. 12,
2014.

The Debtors have tapped Bracewell & Giuliani LLP and Morris,
Nichols, Arsht & Tunnell LLP as attorneys; Protiviti Inc. as
restructuring advisors; and Prime Clerk LLC as claims agent.

Optim Energy, LLC scheduled $6,948,418 in assets and $716,561,450
in liabilities.  Optim Energy Cedar Bayou 4, LLC, disclosed
$183,694,097 in assets and $717,646,180 in liabilities as of the
Chapter 11 filing.  The Debtors have $713 million of outstanding
principal indebtedness.

On Feb. 27, 2014, 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 Debtors' cases.
The U.S. Trustee explained that there were insufficient responses
to her communication/contact for service on the committee.


OTELCO INC: Reports Operating Income of $4.6MM for 3rd Qtr. 2014
----------------------------------------------------------------
Otelco Inc., a wireline telecommunications services provider in
Alabama, Maine, Massachusetts, Missouri, New Hampshire, Vermont
and West Virginia and a provider of cloud hosting and managed
services, on Nov. 12 reported results for its third quarter ended
September 30, 2014.

Key highlights for Otelco include:

   -- Total revenues of $18.4 million for third quarter 2014.
   -- Operating income of $4.6 million for third quarter 2014.
   -- Adjusted EBITDA (as defined below) of $7.2 million for third
quarter 2014.

"The consistency of our financial results this year is a tribute
to the continued focus on controlling costs and pricing," said
Mike Weaver, Chief Executive Officer of Otelco.  "The third
quarter of 2014 produced Adjusted EBITDA of $7.2 million,
consistent with the same quarter last year.  In addition, our
Adjusted EBITDA has varied by no more than three percent per
quarter in 2014.

"The network efficiencies in New England and cable programming
cost reductions in Alabama that were implemented earlier this year
continued to positively impact our third quarter Adjusted EBITDA,"
continued Mr. Weaver.  "Driven by the continuing growth in our
Hosted PBX product and demand for fiber transport, access line
equivalents increased 1.2% from second quarter 2014.  Business
access line equivalents increased by 3.8%, representing the fifth
consecutive quarter of growth in this segment of our business.
During third quarter 2014, we reduced our senior debt by $2.7
million to $114.4 million, and for the nine months ended September
30, 2014, senior debt has been reduced by $14.2 million.  Our cash
balance at September 30, 2014, was $5.8 million.

"In January of this year, we completed the acquisition of Reliable
Networks, which provides cloud hosting and managed services for
our customers," Weaver continued. "The integration of the two
companies was completed earlier this year, and we are pleased with
their performance through the third quarter. We anticipate growth
in these services for the balance of this year and throughout
2015."

FINANCIAL DISCUSSION FOR THIRD QUARTER 2014:

Revenues

Total revenues decreased 2.9% in the three months ended September
30, 2014, to $18.4 million from $19.0 million in the three months
ended September 30, 2013.  The decrease in residential RLEC access
line equivalents and revenue decreases due to the FCC's
InterCarrier Compensation reform order (the "FCC's order") account
for the majority of the decline, which was partially offset by
cloud hosting and managed services revenue of $0.2 million
relating to Reliable Networks, which we acquired on January 2,
2014.

Local services revenue decreased 5.5% in the quarter ended
September 30, 2014 to $6.7 million from $7.1 million in the
quarter ended September 30, 2013.  The decline in RLEC residential
voice access lines, the impact of the FCC's order which reduces or
eliminates intrastate and local cellular revenue, and CLEC market
pricing accounted for a decrease of $0.4 million.  A portion of
the RLEC decrease is recovered through the Connect America Fund
which is categorized as interstate access revenue.  The decline in
long distance revenue accounted for a decrease of $0.1 million.
Hosted PBX revenue increased by $0.1 million.  Network access
revenue decreased 4.8% in the third quarter 2014 to $5.8 million
from $6.1 million in the quarter ended September 30, 2013.  The
Connect America Fund increased by $0.4 million.  This increase was
more than offset by lower state and special access charges of $0.5
million and lower user based fees and switched access of $0.2
million.  Internet revenue for the third quarter 2014 increased
1.5% to $3.7 million from $3.6 million in the three months ended
September 30, 2013 from an increase in fiber rental revenue.
Transport services revenue decreased 6.5% in the quarter ended
September 30, 2014 to $1.3 million from $1.4 million in the
quarter ended September 30, 2013 from customer churn and pricing
actions.  Cable, IP and satellite television revenue in the three
months ended September 30, 2014 decreased 7.0% to slightly under
$0.7 million from just over $0.7 million in the three months ended
September 30, 2013.  Growth in security and satellite revenue was
more than offset by cable subscriber attrition.  Cloud hosting and
managed services revenue, associated with the acquisition of
Reliable Networks, increased revenue $0.2 million for third
quarter 2014 with no comparable revenue for the year earlier
period.

Operating Expenses

Operating expenses in the three months ended September 30, 2014
decreased 6.0% to $13.8 million from $14.7 million in the three
months ended September 30, 2013.  Cost of services decreased 3.3%
to $8.8 million in the quarter ended September 30, 2014 from $9.1
million in the quarter ended September 30, 2013.  Expenses related
to professional services and cloud computing increased $0.1
million. One-time network expense credits received in 2013 of $0.4
million had no comparable credits in 2014.  Network circuit costs,
customer service expense and sales expense reductions implemented
earlier in 2014 decreased third quarter 2014 expense by $0.7
million when compared to the same period in 2013.  In addition,
toll, cable and internet expense decreased by $0.1 million.
Selling, general and administrative expenses decreased 7.9% to
$2.6 million in the three months ended September 30, 2014, from
$2.8 million in the three months ended September 30, 2013.  Cloud
hosting expense associated with our acquisition of Reliable
Networks, including an accrual for non-cash stock compensation,
increased costs $0.2 million.  This increase was more than offset
by lower uncollectible and operating taxes of $0.2 million and
lower executive expenses of $0.2 million.  Executive expenses
include $0.2 million as non-cash stock incentive compensation
expense. Depreciation and amortization for third quarter 2014
decreased 12.7% to $2.5 million from $2.8 million in third quarter
2013. The amortization of other intangible assets in New England
and CLEC depreciation decreased $0.3 million from third quarter
2013.

Interest Expense

Interest expense in the three months ended September 30, 2014
decreased 12.3% to $2.2 million from $2.5 million in the three
months ended September 30, 2013.  The higher interest rate on the
senior notes payable in the amended and restated credit agreement
beginning May 24, 2013 was offset by lower outstanding loan
principal.

Reorganization Items

Separate classification of reorganization items began in first
quarter 2013 when we filed for Chapter 11 bankruptcy.  There were
no reorganization expenses during the third quarter of 2014
compared to $0.9 million during the third quarter of 2013.

Adjusted EBITDA

Adjusted EBITDA decreased $7,000 to $7.2 million for the three
months ended September 30, 2014 when compared to the same period
in 2013 and to $7.4 million in the second quarter of 2014.
Restructuring, non-cash and certain one-time expenses are added
back in the calculation of Adjusted EBITDA. See financial tables
for a reconciliation of Adjusted EBITDA to net income.

Balance Sheet

As of September 30, 2014, the Company had cash and cash
equivalents of $5.8 million compared to $9.9 million at the end of
2013.  During third quarter 2014, the Company reduced its credit
facility balance by $2.7 million through voluntary and required
quarterly payments to $114.4 million.  The Company's senior credit
facility extends through April 2016 and includes a $5.0 million
undrawn revolver.

Capital Expenditures

Capital expenditures were $1.6 million for both third quarter 2014
and 2013.

                          About Otelco

Otelco Inc. (NASDAQ: OTEL) -- http://www.OtelcoInc.com/--
provides wireline telecommunications services in Alabama, Maine,
Massachusetts, Missouri, New Hampshire, Vermont and West Virginia.
The Company's services include local and long distance telephone,
digital high-speed data lines, transport services, network access,
cable television and other related services. With approximately
96,000 voice and data access lines, which are collectively
referred to as access line equivalents, Otelco is among the top 25
largest local exchange carriers in the United States based on
number of access lines.  Otelco operates 11 incumbent telephone
companies serving rural markets, or rural local exchange carriers.
It also provides competitive retail and wholesale communications
services through several subsidiaries.

On March 24, 2013, the Company and each of its direct and indirect
subsidiaries filed voluntary petitions for reorganization under
Chapter 11 of the Bankruptcy Code (Bankr. D. Del. Case No. 13-
10593) to effectuate their prepackaged Chapter 11 plan of
reorganization -- a plan that already has been accepted by 100% of
the Company's senior lenders, as well as holders of over 96% in
dollar amount of Otelco's senior subordinated notes who cast
ballots.  Otelco's restructuring plan would deleveraged its
balance sheet and reduce overall indebtedness by approximately
$135 million.

The Company's restructuring counsel was Willkie Farr & Gallagher
LLP and its financial advisor was Evercore Partners.  The
restructuring counsel for the administrative agent for the senior
lenders was King & Spalding LLP and its financial advisor was FTI
Consulting.

On May 6, 2013, the Bankruptcy Court entered an order confirming
the Plan.  On May 24, the Plan was declared effective and Otelco
emerged from bankruptcy.  Otelco repaid $28.7 million on its
senior credit facility and extended its maturity through April
2016.  The remaining balance of $133.3 million will have quarterly
principal payments of 1.25% of the new loan amount plus interest
on the outstanding balance at 6.5%.  In addition, the Company will
utilize 75% of its quarterly free cash flow to further reduce the
outstanding balance on the loan each quarter.  The facility
includes a $5.0 million revolver which was undrawn at closing.


PARQ HOLDINGS: S&P Assigns B- CCR & Rates $175MM 1st Lien Debt B+
-----------------------------------------------------------------
Standard & Poor's Ratings Services said assigned its 'B-' long-
term corporate credit rating to Parq Holdings L.P.  The outlook is
stable.

At the same time, Standard & Poor's assigned its 'B+' issue-level
rating to the company's proposed US$175 million first-lien credit
facilities (two notches above the corporate credit rating) with a
recovery rating of '1', indicating S&P's expectations of very high
recovery (90%-100%) in the event of a default.  Standard & Poor's
also assigned its 'B-' rating to the proposed US$200 million
second-lien notes with a recovery rating of '4', indicating its
expectations of average recovery (30%-50%) in a default scenario.

"The corporate credit rating reflects our assessment of Parq's
vulnerable business risk profile and highly leveraged financial
risk profile," said Standard & Poor's credit analyst Donald
Marleau.

The first-lien credit facilities consist of a US$130 million term
loan and a senior secured delayed-draw term loan of US$45 million,
both due 2020.  Parq plans to use proceeds from the proposed
transactions, along with about C$90 million of new equity from the
company's owners, a US$70 million structurally subordinated pay-
in-kind note, and Edgewater Casino free cash flow and facility
development commissions, to fund the development of the Parq
Resort and Casino in downtown Vancouver.  S&P expects proceeds
from the transactions will also establish an interest reserve to
fund debt service through the construction period and the first
four months after opening.

The stable outlook reflects S&P's view that adequate funding is in
place to complete construction and that the property will ramp up
steadily to generate sufficient cash to service the proposed
capital structure by its second year of operation.

S&P could lower the ratings if construction delays, cost overruns,
or a weak first year of operations lead to a liquidity shortfall,
although S&P believes a minimum profit guarantee from Marriott
could mitigate this somewhat after opening.

An upgrade is unlikely during the next two years while the project
is under construction.  After opening, S&P could raise its ratings
if casino and hotel earnings ramp up faster than it currently
expects, such that EBITDA coverage of total interest improves to
2x and fully adjusted leverage drops to below 5x.


PHOTOMEDEX INC: Incurs $14.9 Million Net Loss in Third Quarter
--------------------------------------------------------------
PhotoMedex, Inc., reported a net loss of $14.94 million on $53.70
million of revenues for the three months ended Sept. 30, 2014,
compared to net income of $886,000 on $45.89 million of revenues
for the same period in 2013.

For the nine months ended Sept. 30, 2014, the Company reported a
net loss of $22.76 million on $155.89 million of revenues compared
to net income of $15.19 million on $161.17 million of revenues for
the same period last year.

As of Sept. 30, 2014, the Company had $277.47 million in total
assets, $137.56 million in total liabilities and $139.90 million
in total stockholders' equity.

"Our third quarter financial results were impacted by challenges
we identified last quarter, partially offset by several bright
spots. U.S. consumer direct revenues were lower as we reduced
short-form television advertising because the supply of available
ad space declined while the price increased.  Our no!no! Hair
advertising media spend was more than $5 million less than the
prior-year quarter, which accounts for the drop in direct response
revenues.  We are developing initiatives should ad space continue
to be prohibitively expensive," said Dolev Rafaeli, CEO of
PhotoMedex.

As of Sept. 30, 2014, the Company had cash, cash equivalents and
short-term investments of $15.9 million or $0.85 per diluted
share, compared with $59.5 million as of Dec. 31, 2013.

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

                        http://is.gd/J3RVta

PhotoMedex also announced that consumers purchased more than
24,000 no!no! Hair removal units on a U.S. live home shopping
television broadcast during a 24-hour event on November 3, which
was the most units the no!no! hair removal device has ever sold on
such a weekday live TV home shopping 24-hour event, generating
retail sales of approximately $4.8 million.  The no!no! Hair
removal device, which has been sold on home shopping television
since 2007, was featured in a beauty event led by international
beauty expert Jennifer Crawford and guest Caitlin Brunell, Miss
Alabama 2015.

After seven years on live home shopping television, no!no! Hair
continues to break records.  To date nearly half a million no!no!
Hair removal units have been sold through this channel in the U.S.
and more than five million units have been sold worldwide.

"Live TV home shopping has been an important part of the marketing
and sales platform for the no!no! brand since day one, and we
continue to break records and improve our messaging in this
channel," said Dr. Dolev Rafaeli, CEO of PhotoMedex and President
and CEO of Radiancy Inc.

As part of the one-day event, Radiancy brought back an all-time
favorite limited edition unit that had previously broken sales
records in February of 2013: three Perfectly Polished, limited-
edition no!no! Hair devices in Pink Paint, Teal Tint and Opulent
Orange.

no!no! products adapt professional technology for home use by
consumers.  Beginning with the no!no! Hair, using revolutionary
ThermiconTM technology no!no! delivers professional, pain-free
hair removal that's safe for all skin types and hair colors.  The
no!no! family has grown to include no!no! Skin for acne clearance,
a beauty treatment with no!no! Glow and no!no! Smooth, a unique
skincare line with ARP100 and Depiline that slow the rate of hair
growth. no!no! has been sold on Home Shopping Network since 2007.

                        About PhotoMedex

PhotoMedex, Inc. is a Global Health products and services company
providing integrated disease management and aesthetic solutions to
dermatologists, professional aestheticians, ophthalmologists,
optometrists, consumers and patients.  The Company provides
proprietary products and services that address skin conditions
including psoriasis, vitiligo, acne, actinic keratosis, photo
damage and unwanted hair, as well as fixed-site laser vision
correction services at our LasikPlus(R) vision centers.

As reported by the TCR on Nov. 5, 2014, PhotoMedex had entered
into an Amended and Restated Forbearance Agreement with respect to
its Credit Agreement dated May 12, 2014, and the Initial
Forbearance Agreement dated Aug. 25, 2014, by and among
PhotoMedex, Inc. as borrower and the Lenders as parties thereto,
and JPMorgan Chase Bank, N.A., acting on behalf of secured
creditors as the administrative agent.  Subject to the terms of
the Amended Forbearance Agreement, for a period until Feb. 28,
2015, the Administrative Agent will forbear from exercising any
remedies relating to specified defaults by the Company under the
Credit Agreement.


PLAYA HERMOSA: Section 341(a) Meeting Scheduled for Dec. 15
-----------------------------------------------------------
A meeting of creditors in the bankruptcy case of Playa Hermosa
Development Corp. will be held on Dec. 15, 2014, at 9:00 a.m. at
341 Meeting Room, Ochoa Building, 500 Tanca Street, First Floor,
San Juan.  Creditors have until March 15, 2015, 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.

Playa Hermosa Development Corp. sought Chapter 11 bankruptcy
protection (Bankr. D.P.R. Case No. 14-09236) in Old San Juan,
Puerto Rico, on Nov. 6, 2014, without stating a reason.

The Debtor estimated $50 million to $100 million in assets and
$10 million to $50 million in debt.

The case is assigned to Bankruptcy Judge Enrique S. Lamoutte
Inclan.  The Debtor is represented by Diomedes M Lajara Radinson,
Esq., at Lajara Radinson & Alicea PSC, in San Juan, Puerto Rico,
as counsel.


PROSPECT HOLDING: S&P Revises Outlook to Neg. & Affirms 'B' ICR
---------------------------------------------------------------
Standard & Poor's Ratings Services said it revised its outlook on
Prospect Holding Co. LLC and its subsidiaries, Prospect Holding
Finance Co. and Prospect Mortgage LLC, to negative from stable.
At the same time, S&P affirmed its 'B' long-term issuer credit
ratings on Prospect and its subsidiaries.

"The revision of our outlook reflects Prospect's worsening
earnings following a contraction in origination volume and gain on
sale margins," said Standard & Poor's credit analyst Stephen
Lynch.  "Prospect's business model is also exposed to a high
degree of operating leverage since the company primarily
originates mortgages through its high fixed-cost retail channel.
As a result, modest drops in top-line revenue can have an outsize
impact on bottom-line profitability."  So far this year, Prospect
has lost $70.2 million in earnings, compared with a $60.5 million
profit during the first three quarters of 2013, even though
origination volume only contracted 11% over the same time frame
(industry is down 31%).  As a result, Prospect has been forced to
monetize $46.2 million of its primary unencumbered asset --
mortgage servicing rights (MSRs) -- in order to generate cash for
operational liquidity.

S&P expects the company will look to cut costs over the coming
quarters.  However, the fourth quarter and first quarter are
seasonally weak and, therefore, S&P expects the company will
continue to experience losses until mortgage activity picks up in
the spring and summer.  Consequently, the company will likely
continue to rely on MSR sales, through new originations and
existing assets, to generate further liquidity.  The company ended
the third quarter of 2014 with an MSR asset valued at $163.7
million remaining on its balance sheet.

S&P's ratings on Prospect reflect the firm's deteriorating
tangible equity and stressed liquidity position stemming from
recent operating losses.  The company's low credit risk,
relatively low debt to tangible equity of just over 2x, and
recurring cash flows from an MSR portfolio -- albeit a shrinking
one -- are strengths to the rating.

S&P's negative outlook reflects its expectation that earnings will
remain strained into the first half of 2015, which will put
sustained pressure on the firm's liquidity.  As a result, S&P
believes Prospect will be forced to sell servicing assets to
generate cash or, at a minimum, be unable to retain servicing
assets on new originations, which will cause the company's
existing MSR portfolio to decay.

S&P could lower its rating on Prospect if the company's operating
losses prolong and cause S&P to reconsider the viability of the
firm's fundamental business model.

An upgrade is unlikely over the next one to two years.  Over time,
S&P could raise the rating if the company meaningfully reduces its
leverage and lowers earnings volatility without altering the long-
term prospects of its fundamental business model.


QUALITY DISTRIBUTION: Posts $3.6-Mil. Third Quarter Net Income
--------------------------------------------------------------
Quality Distribution, Inc., filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q reporting
net income of $3.57 million on $258.49 million of total operating
revenues for the three months ended Sept. 30, 2014, compared to
net income of $2.76 million on $235.67 million of total operating
revenues for the same period last year.

The Company also reported net income of $18.01 million on $748.57
million of total operating revenues for the nine months ended
Sept. 30, 2014, compared to a net loss of $19.24 million on
$704.38 million of total operating revenues for the same period in
2013.

The Company's balance sheet at Sept. 30, 2014, showed $439.63
million in total assets, $470.01 million in total liabilities and
a $30.38 million total shareholders' deficit.

"We are pleased with our third quarter results and in particular,
the revenue growth in our largest business, Chemical, at nearly
11%, and just over 15% revenue growth in our Intermodal business,"
stated Gary Enzor, chairman and chief executive officer.  "Our
Chemical business is growing nicely through the expansion of our
national footprint, and our Intermodal business continues to
deliver steady and profitable growth. Our Energy Logistics revenue
was relatively flat from last year, yet achieved modest year-over-
year margin improvement this quarter.  On an overall basis, our
driver count is up 7.1% since the end of last year as all of our
businesses have benefited from our successful driver recruiting
and retention efforts."

"During the third quarter we took further steps to improve our
balance sheet, as we redeemed another $22.5 million of our high
cost Senior Notes," stated Joe Troy, chief financial officer.  "We
generated significant operating cash flow in the third quarter,
which provided strong liquidity for the Senior Note redemption,
and we expect continued strong free cash generation during the
balance of the year.  In November, we also took the opportunity to
amend our ABL Facility and our Term Loan, which provides us with
greater flexibility moving forward."

Mr. Troy continued, "We remain focused on our stated strategy to
reduce debt and balance sheet leverage, and we achieved both this
quarter.  We will continue to monitor the bond market for a
potential refinancing of our Senior Notes, and will be prepared to
opportunistically access the market if conditions warrant."

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

                        http://is.gd/dpIGa6

                    About Quality Distribution

Quality Distribution, LLC, and its parent holding company, Quality
Distribution, Inc., are headquartered in Tampa, Florida.  The
company is a transporter of bulk liquid and dry bulk chemicals.
The company's 2010 revenues are approximately $686 million.
Apollo Management, L.P., owns roughly 30 percent of the common
stock of Quality Distribution, Inc.

Quality Distribution reported a net loss of $42.03 million on
$929.81 million of total operating revenues for the year ended
Dec. 31, 2013, as compared with net income of $50.07 million on
$842.11 million of total operating revenues in 2012.

                        Bankruptcy Warning

The Company had consolidated indebtedness and capital lease
obligations, including current maturities, of $383.3 million as of
Dec. 31, 2013.  The Company must make regular payments under the
ABL Facility, including the $17.5 million senior secured term loan
facility that was fully funded on July 15, 2013, and the Company's
capital leases and semi-annual interest payments under its 2018
Notes.

"The ABL Facility matures August 2016.  Obligations under the Term
Loan mature on June 14, 2016 or the earlier date on which the ABL
Facility terminates.  The maturity date of the ABL Facility,
including the Term Loan, may be accelerated if we default on our
obligations.  If the maturity of the ABL Facility and/or such
other debt is accelerated, we may not have sufficient cash on hand
to repay the ABL Facility and/or such other debt or be able to
refinance the ABL Facility and/or such other debt on acceptable
terms, or at all.  The failure to repay or refinance the ABL
Facility and/or such other debt at maturity would have a material
adverse effect on our business and financial condition, would
cause substantial liquidity problems and may result in the
bankruptcy of us and/or our subsidiaries.  Any actual or potential
bankruptcy or liquidity crisis may materially harm our
relationships with our customers, suppliers and independent
affiliates," the Company said in the Annual Report for the year
ended Dec. 31, 2013.

                           *    *     *

As reported in the TCR on June 28, 2013, Moody's Investors Service
upgraded Quality Distribution, LLC's Corporate Family Rating to B2
from B3 and Probability of Default Rating to B2-PD from B3-PD.

The upgrade of Quality's CFR to B2 was largely driven by the
expectation that credit metrics will improve over the next twelve
to eighteen months, through a combination of EBITDA growth and
debt paydowns, to levels consistent with the B2 rating level.  The
company is in the process of integrating the bolt-on acquisitions
made in its Energy Logistics business sector since 2011.


QUANTUM FUEL: Incurs $5.2 Million Net Loss in Third Quarter
-----------------------------------------------------------
Quantum Fuel Systems Technologies Worldwide, Inc., reported a net
loss of $5.20 million on $6.61 million of total revenues for the
three months ended Sept. 30, 2014, compared to a net loss of $5.53
million on $8.69 million of total revenues for the same period
last year.

For the nine months ended Sept. 30, 2014, the Company reported a
net loss of $10.63 million on $21.10 million of total revenues
compared to a net loss of $17 million on $19.18 million of total
revenues for the same period in 2013.

"This was the first full quarter of operations and results for our
CNG storage systems strategy and it represents significant
activities in completing product development and validation and
standing up our systems production lines.  We believe these
efforts now set the stage for a strong increase in the delivery of
system units for the remainder of 2014 and into next year.  During
the course of this year, we have made a significant investment in
expanding our production facilities as well as product development
and the advancement of innovative CNG storage and system
products," said Brian Olson, president and CEO of Quantum.  "We
are out of the gate with our storage system business plan and we
are pleased with the progress made during this first period.  In
addition to bringing our products to market and growing our
customer base, we have redefined storage technology by integrating
our industry leading light-weight tanks into an innovative storage
system offering weight, capacity and cost advantages to the
industry," continued Mr. Olson.

For its continuing operations, the Company had cash and cash
equivalents of $5.6 million, working capital of $11.8 million and
up to $2.5 million of availability under a line of credit as of
Sept. 30, 2014.

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

                        http://is.gd/nAnXqC

                        About Quantum Fuel

Lake Forest, Cal.-based Quantum Fuel Systems Technologies
Worldwide, Inc. (Nasdaq: QTWW) develops and produces advanced
vehicle propulsion systems, fuel storage technologies, and
alternative fuel vehicles.  Quantum's portfolio of technologies
includes electronic and software controls, hybrid electric drive
systems, natural gas and hydrogen storage and metering systems and
other alternative fuel technologies and solutions that enable fuel
efficient, low emission, natural gas, hybrid, plug-in hybrid
electric and fuel cell vehicles.

Quantum Fuel reported a net loss attributable to stockholders of
$23.04 million in 2013, a net loss attributable to stockholders of
$30.91 million in 2012 and a net loss attributable to common
stockholders of $38.49 million in 2011.


REVIVE ENTERPRISES: Voluntary Chapter 11 Case Summary
-----------------------------------------------------
Debtor: Revive Enterprises, Inc.
        1401 Lakewood Drive, Suites C & D
        Morris, IL 60450

Case No.: 14-41010

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: November 12, 2014

Court: United States Bankruptcy Court
       Northern District of Illinois (Chicago)

Judge: Hon. Janet S. Baer

Debtor's Counsel: Karen J Porter, Esq.
                  PORTER LAW NETWORK
                  230 West Monroe, Suite 240
                  Chicago, IL 60606
                  Tel: 312-372-4400
                  Fax: 312-372-4160
                  Email: porterlawnetwork@gmail.com

Estimated Assets: $100,000 to $500,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by David L. McFadden, president.

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


RESPONSE BIOMEDICAL: Forbearance With Lender Extended to Dec. 15
----------------------------------------------------------------
Response Biomedical Corp. has entered into a second Forbearance to
Loan Agreement with the lender under its outstanding term loan,
Silicon Valley Bank, as of Oct. 31, 2014.  Under the terms of the
Forbearance Agreement, Silicon Valley Bank will grant a
forbearance under which it will agree not to exercise its rights
in respect of a breach or an anticipated breach of a financial
covenant under the terms of the loan agreement until Dec. 15,
2014.

The Company continues to be current with all principal and
interest payments due on all outstanding indebtedness and
management expects to continue discussions with SVB to revise the
financial covenants under the Loan Agreement.  The Company said
there can be no assurance that it and SVB will be able to reach
mutually acceptable terms for revising the covenants.

In the event that the parties are unable to agree on revisions to
the covenants and the Forbearance Agreement is not extended, SVB
would be entitled to exercise any of its rights under the Loan
Agreement.

                      About Response Biomedical

Based in Vancouver, Canada, Response Biomedical Corporation
develops, manufactures and sells diagnostic tests for use with its
proprietary RAMP(R) System, a portable fluorescence immunoassay-
based diagnostic testing platform.  The RAMP(R) technology
utilizes a unique method to account for sources of error inherent
in conventional lateral flow immunoassay technologies, thereby
providing the ability to quickly and accurately detect and
quantify an analyte present in a liquid sample.  Consequently, an
end-user on-site or in a point-of-care setting can rapidly obtain
important diagnostic information.  Response Biomedical currently
has thirteen tests available for clinical and environmental
testing applications and the Company has plans to commercialize
additional tests.

Response Biomedical reported a net loss and comprehensive loss of
$5.99 million in 2013, a net loss and comprehensive loss of $5.28
million in 2012 and a net loss and comprehensive loss of $5.37
million in 2011.  The Company's balance sheet at June 30, 2014,
showed C$13.73 million in total assets, C$16.07 million in total
liabilities and a C$2.33 million total shareholders' deficit.

PricewaterhouseCoopers LLP, in Vancouver, British Columbia, issued
a "going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2013.  The independent
auditors noted that the Company has incurred recurring losses from
operations and has an accumulated deficit at Dec. 31, 2013, which
raises substantial doubt about its ability to continue as a going
concern.


ROSEVILLE SENIOR: Can Use Cash Collateral Until January 2015
------------------------------------------------------------
Roseville Senior Living Properties LLC sought and obtained a
consent order from the Hon. Donald H. Steckroth of the U.S.
Bankruptcy Court for the District of New Jersey modifying various
cash collateral orders previously entered by the Court.

The modification provides that the issuance or acceptance of one
or more offers of compromise made pursuant to Section 998 of the
California Code of Civil Procedure by CapitalSource and Meecorp
jointly to the plaintiffs in the case captioned, Roseville Capital
Resources LLC et al. v. CapitalSource Inc., et al, Case No.
BC403385, part of the AREI II Cases, Coordination Case No. JCCP
4730 in the Superior Court for the Court of Los Angeles, will not
impact or prejudice CapitalSource's rights, interests, claims,
liens and remedies, in the proceedings.

The terms of the previous cash collateral orders are amended to
provide an extended termination to Jan. 31, 2015, and all of the
remaining terms and provisions of the cash collateral orders
remain in full force and affect.

As reported in the Troubled Company Reporter on July 4, 2014, the
Debtor sought and obtained permission from Judge Steckroth to
continue using cash collateral until Dec. 2, 2014.

In its May 6, 2014 motion, the Debtor maintained that
CapitalSource Finance LLC doesn't have a lien on or other security
interest in revenues generated by the Debtor's operation of the
business at the facility.  However, if the Debtor's revenues are
considered to be cash collateral, the Debtor should be authorized
to continue using cash collateral because CapitalSource's interest
therein is adequately protected and the use of the cash is
integral to the Debtor's continued operation of the facility, the
Debtor said.

The Debtor stated that it will continue to provide CapitalSource a
monthly budget and monthly adequate protection payment.

As reported by the TCR on May 6, 2014, the Court allowed the
Debtor to use cash collateral until May 27, 2014.  CapitalSource,
which consented to the cash collateral use, would receive
replacement liens as adequate protection.  In addition,
CapitalSource would receive a cash payment in an amount equal to
$55,000, which would be applied by CapitalSource to reduce the
accrued and unpaid interest on the stipulated prepetition senior
indebtedness.

The Debtor has acknowledged in its May 6 court filing a
willingness to extend CapitalSource's lien on certain assets in
order to adequately protect certain disbursed funds.
CapitalSource, the Debtor claimed, is adequately protected.  The
total amount of cash on hand beginning May 1, 2014, is $511,000,
which is greater than the lien of $182,997.22.  The Debtor said
that it is fully able to continue to operate in accordance with
the May budget and there will be no diminishment to the services
provided to the residents at the facility.

On May 20, 2014, CapitalSource filed an objection to the Debtor's
motion to continue using cash collateral.  CapitalSource stated
that it holds a first mortgage on and security interest in the
facility and other real and personal property of Debtor.  As a
result, the Debtor's cash, rents and cash equivalents constitute
cash collateral.  CapitalSource stated that it is willing to
consent to Debtor's continued use of cash collateral through
July 25, 2014.

According to CapitalSource, the Debtor has repeatedly represented
that it has sufficient cash on hand.  As a result, Debtor should
be required to pay increased monthly adequate protection payments
to CapitalSource of $75,000.

The Debtor responded to the objection on May 23, 2014, saying that
its disagreement with CapitalSource over whether the creditor's
lien extends to the Debtor's receipts is the subject of an
adversary proceeding pending before the Court.  The parties,
according to the Debtor, aren't seeking to resolve that dispute in
the cash collateral motion.  The Debtor points out that it has not
yet established that the receipts are CapitalSource's collateral.

                      About Roseville Senior

Roseville Senior Living Properties, LLC, owns and operates a
senior assisted living housing facility in Roseville, California.
It filed for Chapter 11 bankruptcy (Bankr. D.N.J. Case No. 13-
31198) on Sept. 27, 2013, in Newark.  Judge Donald H. Steckroth
presides over the case.  Walter J. Greenhalgh, Esq., at Duane
Morris, LLP, represents Roseville Senior Living Properties as
counsel.  Friedman LLP serves as the Debtor's accountant.

Roseville Senior Living Properties estimated $10 million to $50
million in assets, and $1 million to $10 million in liabilities.
In its schedules filed with the Bankruptcy Court, the Debtor
indicated total assets and total debts as "Unknown", a copy of
which is available for free at:

       http://bankrupt.com/misc/rosevillesenior.doc54.pdf

The petition was signed by Michael Edrei, managing director,
Meecorp Capital Markets, Inc.

The United States Trustee for Region 3 appointed Joseph Rodrigues,
State Long Term Care Ombudsman, California Department of Aging, as
the Patient Care Ombudsman in the Debtor's case.


ROSEVILLE SENIOR: Taps M-Capital Assets as Consultant
-----------------------------------------------------
Roseville Senior Living Properties LLC asks the Hon. Donald H.
Steckroth of the U.S. Bankruptcy Court for the District of New
Jersey for permission to employ M-Capital Assets LLC as its
consultant.

The firm will:

  a) report to Meecorp Capital Markets LLC, the managing member
     of the Debtor, as desired and directed by the Roseville
     Manager;

  b) attend hearings in the Court and in California, testifying
     and filing affidavits or declarations as to matters covered
     by the engagement letter, and providing other such other
     support Debtor request, in connection with the Debtor's
     Chapter 11 an potentially its plan of reorganization or
     liquidations;

  c) provide advice to the Debtor, instructing and effecting a
     financing identifying potential financing companies,
     identifying sources of capital and, at the Debtor's request,
     contacting and soliciting lenders;

  d) assist and gather evidence, facilitating the due-diligence
     process, and negotiating any proposed sale or financing of
     the Debtor's facility;

  e) provide advice to the Debtor, instruction, evaluating and
     effecting financing or sale of the Debtor's assets as par of
     the plan of reorganization if appropriate;

  f) assist in the due-diligence process and negotiate the terms
     of any borrowing by the Debtor to fund a plan of
     reorganization;

  g) attend hearings in the Court and in the California
     litigation, testifying or filing affidavits or declaration
     and provide such other support as the Debtor requests in
     connection with the Chapter 11 proceeding and potentially a
     plan of reorganization including work in the California
     litigation;

  h) assist in finance issues, including assisted in preparation
     of the reports as required by the Debtor, the secured
     creditor, the Court, and the United States Trustee; and

  i) provide other activities approved by the Roseville Manger.

The firm's professionals' hourly rates:

     Professional           Position         Hourly Rate
     ------------           --------         -----------
     Michael Edrei          Principal        $550
     Other professionals                     $125-$550
      Assistants

Michael Edrei, managing director of Meecorp and M-Capital, assures
the Court that the firm is a "disinterested person" within the
meaning of Section 101(14) of the Bankruptcy Code.

M-Capital can be reached at:

  Michael Edrei
  MEECORP CAPITAL MARKETS
  2050 Center Avenue, Ste. 640
  Fort Lee, NJ 07024
  Tel: 201-944-9330
  Fax: 201-944-9332
  Email: michael_edrei@meecorp.com

                  About Roseville Senior Living

Roseville Senior Living Properties, LLC, owns and operates a
senior assisted living housing facility in Roseville, California.
It filed for Chapter 11 bankruptcy (Bankr. D.N.J. Case No.
13-31198) on Sept. 27, 2013, in Newark.  Judge Donald H. Steckroth
presides over the case.  Walter J. Greenhalgh, Esq., at Duane
Morris, LLP, represents Roseville Senior Living Properties as
counsel.  Friedman LLP serves as the Debtor's accountant.

Roseville Senior Living Properties estimated $10 million to $50
million in assets, and $1 million to $10 million in liabilities.
In its schedules filed with the Bankruptcy Court, the Debtor
indicated total assets and total debts as "Unknown", a copy of
which is available for free at:

       http://bankrupt.com/misc/rosevillesenior.doc54.pdf

The petition was signed by Michael Edrei, managing director,
Meecorp Capital Markets, Inc.

The United States Trustee for Region 3 appointed Joseph Rodrigues,
State Long Term Care Ombudsman, California Department of Aging, as
the Patient Care Ombudsman in the Debtor's case.


ROSEVILLE SENIOR: Wants Until March 2015 to File Chapter 11 Plan
----------------------------------------------------------------
Roseville Senior Living Properties LLC asks the Hon. Donald H.
Steckroth of the U.S. Bankruptcy Court for the District of New
Jersey to further extend their exclusive periods to:

  a) file a Chapter 11 plan of reorganization until March 25,
     2015; and

  b) solicit acceptances from creditors of that plan until May 27,
     2015.

The Debtor says it need more time to develop and formulate a
feasible, confirmable plan of reorganization.  As reflected in its
monthly operating report, it is continuing to pay its debts as
they come due.  The Debtor notes it has sufficient liquidity to
continue to meet its ongoing administrative expenses.

The Debtor says it also requires additional time to examine all of
its potential exit strategies.

                  About Roseville Senior Living

Roseville Senior Living Properties, LLC, owns and operates a
senior assisted living housing facility in Roseville, California.
It filed for Chapter 11 bankruptcy (Bankr. D.N.J. Case No.
13-31198) on Sept. 27, 2013, in Newark.  Judge Donald H. Steckroth
presides over the case.  Walter J. Greenhalgh, Esq., at Duane
Morris, LLP, represents Roseville Senior Living Properties as
counsel.  Friedman LLP serves as the Debtor's accountant.

Roseville Senior Living Properties estimated $10 million to $50
million in assets, and $1 million to $10 million in liabilities.
In its schedules filed with the Bankruptcy Court, the Debtor
indicated total assets and total debts as "Unknown", a copy of
which is available for free at:

       http://bankrupt.com/misc/rosevillesenior.doc54.pdf

The petition was signed by Michael Edrei, managing director,
Meecorp Capital Markets, Inc.

The United States Trustee for Region 3 appointed Joseph Rodrigues,
State Long Term Care Ombudsman, California Department of Aging, as
the Patient Care Ombudsman in the Debtor's case.


RUBY WESTERN: S&P Withdraws 'BB+' ICR on Debt Redemption
--------------------------------------------------------
Standard & Poor's Ratings Services said it withdrew its 'BB+'
issuer credit rating on Ruby Western Pipeline Holdings LLC.  S&P
also withdrew the 'BB+' senior secured debt rating and the '3'
recovery rating on that debt.

In October 2014, Global Infrastructure Partners announced that it
was selling its 50% interest in Ruby Pipeline LLC to Veresen for
$1.425 billion.  Ruby Pipeline is a 680-mile pipeline that
delivers natural gas to the West Coast from the Rockies.  The sale
closed in November 2014, at which point the debt on Ruby Western
was paid off by Global Infrastructure Partners with the proceeds
from the sale.


SAN BERNARDINO, CA: Balks at POB's Plea to Plan Filing Deadline
---------------------------------------------------------------
The City of San Bernardino, California, objected before the Hon.
Meredith A. Jury of the U.S. Bankruptcy Court for the Central
District of California to the motion of Erste Europaische
Pfandbrief-und Kommunalkreditbank AG, a Luxembourg based lender
and subsidiary of Commerzbank AG and Ambac Assurance Corp. -- POB
Creditors -- to set March 1, 2015, as deadline for the City to
propose a Chapter 9 Plan.

Paul R. Glassman, Esq., at Stradling Yocca Carlson & Rauth P.C.,
says there has been no inordinate delay in this case.  Chapter 9
cases, with their overlay of municipal governance fundamentally
different from corporate governance in the chapter 11 context,
take time, Mr. Glassman says.

Mr. Glassman relates fixing a plan filing deadline at this time
would have the effect of causing the City to switch gears away
from the confidential mediation process and to the structuring of
a plan that cannot at this time contain consensual provisions for
the treatment of creditor claims.

According to Mr. Glassman, the City is looking into revenue
raising and further cost-containment (including contracting out)
and expects to make proposals in connection therewith during the
preparation of the budget for fiscal year 2015-16. Given the state
of the current negotiations, the realistic timing of any revenue
measure (probably no sooner that November 2015), and the timing of
the next round of City budget discussions, the City is not likely
to be able to file a plan that includes realistic provisions
regarding the treatment of creditor claims before the summer of
2015, and requests that a deadline not be set at this time.

Erste Europaische Pfandbrief- und Kommunalkreditbank AG, a
Luxembourg based lender and subsidiary of Commerzbank AG, in its
capacity as holder of the City's pension obligation bonds, and
Ambac Assurance Corp. in its capacity as bond insurer, filed their
request on October 22, 2014.

The City last week filed its Status Report for the November 6,
2014 case status conference, in which the City describes the
status of its efforts to return to financial and service solvency
and its negotiations with the principal creditor constituencies.

The San Bernardino City Professional Firefighters Local 891
supports the POB Creditors' request to fix a time to file a plan.

The firefighters retained as counsel:

   David M. Goodrich, Esq.
   Sulmeyerkupetz
   333 S. Hope Street
   Thirty-Fifth Floor
   Los Angeles, CA 90071
   Tel: 213.617.5297
   Email: dgoodrich@sulmeyerlaw.com

                   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.


SCRUB ISLAND: Criticizes Lender for Loquaciousness
--------------------------------------------------
Bill Rochelle and Sherri Toub, bankruptcy columnists for Bloomberg
News, reported that Scrub Island Resort, Spa & Marina in the
British Virgin Islands, asked the U.S. Bankruptcy Court in Tampa,
Florida, to overrule FirstBank Puerto Rico's objections to the
Debtor's exit plan and disclosure statement.

As previously reported by The Troubled Company Reporter,
FirstBank, which holds more than $63.8 million secured claim, is
the only voting creditor that did not accept the restructuring
plan.  FirstBank said in its objection that the proposed plan
cannot be confirmed because it deprives the bank of its pre-
bankruptcy lien, the TCR related.  FirstBank questioned Scrub
Island's proposal to allocate 50% of the proceeds of sale of real
estate on which the bank has a first priority lien to RCB Equities
#1, LLC, the company funding the plan, the TCR added.

                       About Scrub Island

Scrub Island Development Group Ltd., the owner of a British Virgin
Islands luxury resort, and its affiliate, Scrub Island
Construction Limited, sought bankruptcy protection (Bankr. M.D.
Fla. Case Nos. 13-15285 and 13-15286) on Nov. 19, 2013, to end a
receivership Scrub Island claims was secretly put in place by its
lender.  The bankruptcy case is assigned to Judge Michael G.
Williamson.

The 230-acre resort operates as a Marriott Autograph Collection
property.  It has 52 rooms and suites, a spa and a 55-slip marina.

Scrub Island Development Group scheduled $125,569,235 in total
assets and $130,695,731 in total liabilities.

The Debtors are represented by Charles A. Postler, Esq., and
Harley E. Riedel, Esq., at Stichter, Riedel, Blain & Prosser, in
Tampa, Florida.

FirstBank Puerto Rico, the prepetition secured lender, is
represented by W. Keith Fendrick, Esq., at Holland & Knight LLP,
in Tampa, Florida.

The Debtors are represented by Charles A. Postler, Esq., and
Harley E. Riedel, Esq., at Stichter, Riedel, Blain & Prosser, in
Tampa, Florida.

FirstBank Puerto Rico, the Debtor's prepetition secured lender, is
represented by W. Keith Fendrick, Esq., at Holland & Knight LLP,
in Tampa, Florida.

The Official Committee of Unsecured Creditors appointed in Scrub
Island's cases has retained Robert B. Glenn, Esq., Edwin G. Rice,
Esq., and Victoria D. Critchlow, Esq., at Glenn Rasmussen, P.A.,
as general counsel.


SHELDON GOOD: Dec. 10 Auction Set for Water Development Site
------------------------------------------------------------
Sheldon Good & Company (America's Real Estate Auctioneer(TM)) on
Nov. 12 announced the upcoming real estate auction of a prime
waterfront development site in Elizabeth, New Jersey.  A U.S.
Bankruptcy Court sale of the 3.57-acre parcel will be held on
December 10.

The site is located less than 10 miles from Manhattan and under
two miles from Newark Liberty International Airport.  The parcel
was originally part of the Celadon development, a proposed
community that envisioned capitalizing on the prime waterfront
property in the New York metropolitan area.  The site features
expansive views, with the potential for direct access to lower
Manhattan in approximately 25 minutes.

The Celadon project was conceived by Tern Landing Development as a
30-acre sustainable mixed-use project, with one of the highest
degrees of accessibility in the northern New Jersey area.
Situated on Newark Bay, the development was intended as a high
rise "airport city" providing commercial, residential and hotel
accommodations for New Jersey residents who work within the region
or commute to New York City, as well as the international business
traveling community.  The project included a nearly mile-long
wooden boardwalk and marina offering ferry service into Manhattan.

"This auction will provide sophisticated investors the opportunity
to own a prime piece of what could still potentially be a
spectacular development along the New Jersey waterfront," stated
John Cuticelli, Chairman of Sheldon Good & Company.  "The site can
also be purchased and developed as a standalone building with
views of Manhattan."

Bids are to be submitted to the offices of Sheldon Good & Company
no later then 5:00pm on Wednesday, December 10th.

On-site inspections will be conducted on Tuesdays at 10am EST on
November 18th, 25th and December 2nd.  Please contact the project
manager to schedule an appointment to view the property during
these times.

For additional information on the auction, call 800-516-0015 or
visit www.sheldongood.com

                 About Sheldon Good & Company

New York-based Racebrook Capital, a private equity firm, was
originally founded by Mr. Cuticelli in 2004 as a portfolio company
of Warburg Pincus to capitalize on increasing prospects of
disintermediation in distressed debt and real estate capital
markets.  Through its affiliated companies, Racebrook invests
directly in troubled real estate ventures and also provides a
range of services to other investors active in distressed real
estate and capital markets . Together with the Racebrook
management team, Mr. Cuticelli has expanded the firm's core
disciplines into the asset backed securities arena, as an anchor
investor in TALF bonds, and has become a provider of Debtor in
Possession financing to real estate related entities in
bankruptcy.  Racebrook Capital and Sheldon Good & Company will
join forces and share regional offices in New York, Chicago and
San Francisco.

New York-based Sheldon Good & Company Auctions, Northeast, LLC,
founded in 1965, is a leading real estate auction marketing firm
with offices in Chicago, New York, Phoenix, and Denver.  The
Company has sold more than 45,000 U.S. and international
properties in more than 100 different asset classes and produced
more than $10 billion in sales.

The Company and its affiliates filed for Chapter 11 bankruptcy
protection on April 24, 2009 (Bankr. S.D.N.Y. Case No. 09-12535).
As reported in the Troubled Company Reporter on April 28, 2009,
The Company filed for bankruptcy to remedy the effects of improper
actions taken by its former chairperson, Steven Good.  These
improprieties, which left the Company with a shortage of reserves
in the face of the current economic downturn, came to light
following his death in January 2009.  Heidi J. Sorvino, Esq., at
Smith, Gambrell & Russell, LLP, assists the Debtors in their
restructuring efforts.  Sheldon Good listed up to $50,000 in
assets and $500,001 to $1,000,000 in liabilities.


SHILO INN: Withdraws Third Amended Disclosure Statement
-------------------------------------------------------
Shilo Inn, Twin Falls, LLC, and its affiliates filed a notice with
the Bankruptcy Court withdrawing their Third Amended Disclosure
Statement describing their Third Amended Plan of Reorganization
dated Oct. 15, 2014.

Shilo Inn and six of its affiliates earlier filed separate
restructuring plans, which contain revisions to address issues
raised by U.S. Bankruptcy Judge Vincent Zurzolo at the hearing on
Aug. 7.

Judge Zurzolo previously denied earlier versions of the disclosure
statements after determining that they didn't have enough
information that would help voting creditors make an informed
decision on the proposed plans.   The bankruptcy judge, however,
allowed the companies to revise the documents.

One problem cited by the judge was the lack of information on why
assets are valued less under Chapter 7 than under the proposed
restructuring plans.  Another was the lack of information about
the sources of payments to creditors.  These and other problems
cited by the judge have been addressed in the latest disclosure
statements, Shilo Inn said in court filings.

                    About Shilo Inn, Twin Falls

Shilo Inn, Twin Falls, LLC, and six affiliates filed a Chapter 11
petition (Bankr. C.D. Cal. Case No. 13-21601) on May 1, 2013.
Judge Richard M. Neiter presides over the case.  Shilo Inn, Twin
Falls, estimated assets of at least $10 million and debts of at
least $1 million.

Shilo Inn, Twin Falls; Shilo Inn, Nampa Blvd, LLC; Shilo Inn,
Newberg, LLC; Shilo Inn, Seaside East, LLC, Shilo Inn, Moses Lake,
Inc.; and Shilo Inn, Rose Garden, LLC each operates and owns a
hotel.  California Bank and Trust is the primary, senior secured
lender for each of the Debtors.

The Debtors sought Chapter 11 protection after CBT on May 1, 2013,
filed for receiverships in district court.

David B. Golubchick, Esq., Kurt Ramlo, Esq., and J.P. Fritz, Esq.,
at Levene, Neale, Bender, Yoo & Brill LLP, in Los Angeles,
represent the Debtors in their restructuring effort.

The Debtors' Joint Plan of Reorganization dated Aug. 29, 2013,
provides for payment of all claims in full, unless otherwise
agreed with the claimholder, with unsecured claims to be paid over
a three-month period from the Plan Effective Date.


SIMPLEXITY LLC: Seeks Jan. 12 Extension of Plan Filing Date
-----------------------------------------------------------
Simplexity, LLC, et al., ask the U.S. Bankruptcy Court for the
District of Delaware to further extend the period by which only
they have exclusive right to file a plan until Jan. 12, 2015, and
the period by which only they have exclusive right to solicit
acceptances of that plan until March 13, 2015.

Justin P. Duda, Esq., at Young Conaway Stargatt & Taylor, LLP, in
Wilmington, Delaware, tells the Court that in light of its recent
order threatening the conversion of the Debtors' cases to Chapter
7 unless a settlement is negotiated between the Official Committee
of Unsecured Creditors and Fifth Third Bank, the Debtors and other
parties-in-interest are discussing the potential settlement of
certain causes of action and the consensual resolution of the
Chapter 11 cases.  The outcome of those negotiations will help
determine the roadmap for the future of the Chapter 11 cases, one
possibility being a Chapter 11 plan.  If necessary, the extension
requested will allow the Debtors and the other parties-in-interest
to negotiate and file a plan incorporating a resolution reached
among the parties.

A hearing on the extension motion is scheduled for Dec. 10, 2014,
at 10:00 a.m. (ET).  Objections are due Nov. 25.

                         About Simplexity

Simplexity, LLC, a defunct cellphone activator, sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. Del. Case No.
14-10569) on March 16, 2014.  The case is before Judge Kevin
Gross.  The Debtors' counsel is Kenneth J. Enos, Esq., and Robert
S. Brady, Esq., at Young, Conaway, Stargatt & Taylor, LLP, in
Wilmington, Delaware.  Prime Clerk LLC serves as claims and
noticing agent.  Simplexity hired Rutberg & Co. as investment
banker.

Simplexity LLC and Simplexity Services LLC both estimated
$10 million to $50 million in assets, and $50 million to $100
million in liabilities.

The U.S. Trustee for Region 3 appointed five members to an
official committee of unsecured creditors.  Peter S. Partee, Sr.,
Esq., and Michael P. Richman, Esq., at Hunton & Williams LLP, in
New York; and Christopher A. Ward, Esq., and Shanti M. Katona,
Esq., at Polsinelli PC, in Wilmington, Delaware, represent the
Committee.


SM ENERGY: Moody's Assigns Ba2 Rating on Proposed $400MM Notes
--------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to SM Energy
Company's proposed offering of $400 million senior unsecured notes
due 2022. SM Energy's other ratings and stable outlook were
unchanged. The note proceeds will be used to repay existing
revolver debt and for general corporate purposes.

"This offering improves SM Energy's liquidity by increasing
revolver availability at a time when oil prices are trading at a
reduced level," said Sajjad Alam, Moody's Assistant Vice
President. "We expect operating cash flows and available borrowing
capacity under its revolving credit facility to cover the
company's planned outspending in 2015."

Assignments:

Issuer: SM Energy Company

  US$400M Senior Unsecured Regular Bond/Debenture, Assigned Ba2
  (LGD4)

Ratings Rationale

The new notes will rank pari passu with SM Energy's existing
senior unsecured notes, and therefore, will have the same Ba2
rating. Both the new and existing senior notes are unsecured and
have no subsidiary guarantees. Given the priority claim and the
significant size of its senior secured revolving credit facility
in the company's capital structure, the unsecured notes are rated
one notch below the Ba1 Corporate Family Rating (CFR) under
Moody's Loss Given Default Methodology.

SM Energy should have good liquidity through 2015 which is
captured in Moody's SGL-2 Speculative Grade Liquidity Rating. The
company has a committed $1.3 billion senior secured revolver (with
a $2.4 billion borrowing base) that matures in April 2018.
Proforma for this note offering, the revolver had $1.24 billion
available as of October 22, 2014.

SM Energy's Ba1 CFR is supported by its growing production and
proved developed reserve scale, rising liquids production with the
option to boost natural gas production if prices were to increase
to more attractive levels, and a relatively low cost structure
that yields cash margins that are competitive with similarly rated
peers. The rating also benefits from the company's low financial
leverage and competitive full-cycle returns. The company is
achieving strong sequential oil and natural gas liquids production
growth in the Eagle Ford shale, where it holds sizable operated
and non-operated acreage positions. This has enabled the company
to successfully shift from majority gas reserves to majority
liquids in recent years, but with resulting portfolio
concentration in the Eagle Ford that restrains the rating.

In order to be considered for an upgrade to Baa3, SM Energy will
have to further diversity its production base to additional plays
to reduce its concentration in the Eagle Ford. The company would
also have to sustain its full cycle returns above 2x while
maintaining its low leverage on production and PD reserves and
keeping RCF/debt above 50%. If production and proved reserve
growth from the company's large capital investment spending is
much weaker than expected, leverage could increase and this would
pressure the ratings. Debt/PD above $10/boe or RCF/debt below 40%
could result in a ratings downgrade.

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

SM Energy Company is an independent exploration and production
company based in Denver, Colorado.


SM ENERGY: S&P Rates Proposed $400MM Sr. Unsecured Notes 'BB'
-------------------------------------------------------------
Standard & Poor's Ratings Services said that it has assigned its
'BB' issue-level rating (same as the corporate credit rating) and
'4' recovery rating to Denver-based exploration and production
company SM Energy Co.'s proposed $400 million senior unsecured
notes due 2022.  The '4' recovery rating indicates S&P's
expectation of average (30% to 50%) recovery in the event of
payment default.  S&P's recovery expectations are in the upper
half of the 30% to 50% range.

The company plans to use the proceeds from the proposed notes to
repay borrowings on its credit facility and for general corporate
purposes.

The ratings on SM Energy Co. reflect Standard & Poor's assessment
of the company's "weak" business risk as a midsize player in the
volatile and capital-intensive oil and natural gas E&P industry,
as well as the company's "intermediate" financial risk and
"adequate" liquidity.

Ratings List

SM Energy Co.
Corporate Credit Rating                  BB/Positive/--

SM Energy Co.
$400 mil sr unsecd notes due 2022        BB
  Recovery Rating                         4


STEREOTAXIS INC: Posts $22,670 Net Income in Third Quarter
----------------------------------------------------------
Stereotaxis, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
of $22,670 on $8.85 million of total revenue for the three months
ended Sept. 30, 2014, compared to a net loss of $56.86 million on
$10.82 million of total revenue for the same period during the
prior year.

For the nine months ended Sept. 30, 2014, the Company reported
a net loss of $6.05 million on $25.25 million of total revenue
compared to a net loss of $64.79 million on $28.96 million of
total revenue for the nine months ended Sept. 30, 2013.

The Company's balance sheet at Sept. 30, 2014, the Company had
$26.15 million in total assets, $39.96 million in total
liabilities and a $13.80 million total stockholders' deficit.

William C. Mills, Stereotaxis chief executive officer, said,
"During the third quarter, we continued to aggressively execute on
our strategic priorities.  We secured our first commercial order
for the Niobe(R) ES system in Japan, which should translate to
revenue over the next two quarters, and we established a local
business office under the guidance of a new business director, who
brings a 20-year background in sales and organizational leadership
for medical technology companies in Japan.  In the U.S., we
received FDA clearance of our Vdrive(R) with V-LoopTM system, our
second Vdrive system product to be launched in the U.S."

Mr. Mills continued, "Our U.S. and European operating regions
contributed to sequential system revenue growth, completing five
new system installations in the quarter.  We also continued to
work toward improved utilization through synergetic, one-on-one
relationships with physician users and significant new product
enhancements, such as the Ablation History feature.  Our team is
intensely focused on achieving operational excellence, realizing
commercial success in our major global markets and developing
economically attractive product solutions that maximize clinical
outcomes and drive shareholder value."

At Sept. 30, 2014, Stereotaxis had cash and cash equivalents of
$8.7 million, compared to $10.6 million at June 30, 2014.  Cash
burn for the third quarter of 2014 was $2.3 million, compared to
$1.6 million for the third quarter of 2013.  At quarter end, total
debt was $18.4 million related to HealthCare Royalty Partners
long-term debt.

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

                        http://is.gd/jydxOx

                          About Stereotaxis

Based in St. Louis, Missouri, Stereotaxis, Inc., is a manufacturer
and developer of a suite of navigation systems in interventional
surgical procedures.  The Company's Epoch Solution is used in the
treatment of arrhythmias and coronary artery disease.

Stereotaxis reported a net loss of $68.75 million in 2013,
following a net loss of $9.23 million in 2012.

Ernst & Young LLP, in St. Louis, Missouri, issued a "going
concern" qualification on the consolidated financial statements
for the year ended Dec. 31, 2013.  The independent auditors noted
that the Company has incurred recurring operating losses and has a
net capital deficiency.  These conditions raise substantial doubt
about the Company's ability to continue as a going concern.


STOCKTON, CA: S&P Raises Rating on Series 2003 A&B COPs to 'B-'
---------------------------------------------------------------
Standard & Poor's Ratings Services raised its long-term rating and
underlying rating (SPUR) to 'B-' from 'CCC' on the Stockton Public
Financing Authority, Calif.'s series 2003A and 2003B certificates
of participation (COPs) and its SPUR to 'B-' from 'CCC' on the
authority's series 2006A lease revenue refunding bonds.  Standard
& Poor's also affirmed its 'CC' SPUR on Stockton Redevelopment
Agency's series 2004 (arena project) revenue bonds.  All series
are appropriation obligations of Stockton.  The outlook on the
series 2003A and 2003B COP long-term rating and SPUR and on the
2006A lease revenue refunding bond SPUR is stable, and the outlook
on the series 2004 revenue bond rating (arena project) is
negative.

"The rating action reflects our view that the city has the
capacity to meet its financial commitment on appropriation
obligations that it has agreed to continue to support under a
bankruptcy exit plan that U.S. Bankruptcy Judge Christopher Klein
approved on Oct. 30," said Standard & Poor's credit analyst Chris
Morgan.  "The city's adherence to its pendency plan during
bankruptcy and its continued separation of general fund resources
from those of its utilities indicate to us that it will likely be
willing to meet its obligations under the plan.  At the same time,
we think that the coming year will be a critical period for the
city to lay the groundwork for sustainable operations and that
difficulty in managing cost growth as the city begins to increase
service levels or other challenges could affect its capacity to
meet obligations."

The terms of the plan, which S&P understands have not yet been
confirmed and executed and which could be appealed, provide for
the city to pay debt service on the series 2003A and 2003B COPs
using "housing set-aside" tax increment revenue from its
redevelopment successor agency to and, to the degree that tax
increment revenue are not available, unrestricted general fund
revenue.  The city plans to use unrestricted general fund revenue
to support series 2006A payments.


SUNSHINE HEART: Has $6.13-Mil. Net Loss for Sept. 30 Quarter
------------------------------------------------------------
Sunshine Heart, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q, disclosing a net
loss of $6.13 million on $59,000 of net sales for the three months
ended Sept. 30, 2014, compared with a net loss of $6.03 million on
$59,000 of net sales for the same period in 2013.

The Company's balance sheet at Sept. 30, 2014, showed $37.79
million in total assets, $2.73 million in total liabilities and
stockholders' equity of $35.06 million.

During the years ended Dec. 31, 2013 and 2012 and through Sept.
30, 2014, the Company incurred losses from operations and net cash
outflows from operating activities.  At Dec. 31, 2013, the Company
accumulated deficit of $101,012 and expects to incur losses for
the foreseeable future.  To date, the Company has been funded by
private and public equity financings.

The Company's ability to continue as a going concern is dependent
on its ability to raise additional capital based on the
achievement of existing milestones as and when required.  Should
future capital raising be unsuccessful, the Company may not be
able to continue as a going concern.  Furthermore, its ability to
continue as a going concern is subject to the ability of the
Company to develop and successfully commercialize the product
being developed.  If it is unable to obtain such funding of an
amount and timing necessary to meet its future operational plans,
or to successfully commercialize its intellectual property, the
Company may be unable to continue as a going concern, according to
the regulatory filing.

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

                       http://is.gd/sWJb12

Eden Prairie, Minnesota-based Sunshine Heart is an early-stage
medical device company focused on developing, manufacturing and
commercializing its C-Pulse System for treatment of Class III and
ambulatory Class IV heart failure.


TAMM OIL: Reports $23K Net Loss in Third Quarter
------------------------------------------------
Tamm Oil and Gas Corp. filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q, disclosing a net
loss of $23,761 for the three months ended Sept. 30, 2014,
compared with a net loss of $15,662 for the same period last year.

The Company's balance sheet at Sept. 30, 2014, showed $2.32
million in total assets, $521,126 in total liabilities and
total stockholders' equity of $1.8 million.

For the six months ended Sept. 30, 2014 and 2013, the Company has
incurred losses of $59,261 and $30,788, respectively.  In
addition, as of Sept. 30, 2014, the Company had a working capital
deficit of $520,402, and no revenue generating operations.  These
factors, among others, indicate that the Company may be unable to
continue as a going concern.

The Company's registered independent certified public accountants
have stated in their report dated July 10, 2014, that the Company
incurred operating losses in the last two years, and that the
Company is dependent upon its management's ability to develop
profitable operations and raise additional capital.  These factors
among others may raise substantial doubt about the Company's
ability to continue as a going concern.

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

                       http://is.gd/8UBrtP

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.


TERRA-GEN FINANCE: Moody's Rates $325MM Secured Loans 'Ba3'
-----------------------------------------------------------
Moody's Investors Service has assigned a Ba3 rating to Terra-Gen
Finance Company LLC's (Terra-Gen) senior secured credit facilities
consisting of a $300 million 7-year senior secured Term Loan B due
December 2021 and a $25 million 5-year Working Capital Facility
due December 2019. Terra-Gen's rating outlook is stable.

Ratings Rationale

The Ba3 rating reflects the portfolio diversification across 21
power projects and three renewable technologies (wind, solar and
geothermal), significant cashflow contribution from offtake
contracts and a strong regulatory support for renewable energy in
California, balanced against the age of the wind assets,
dependence of some of the contracted cash flows on generation and
energy pricing, and the lack of significant sponsor equity in the
project. Moody's view the revenue from the off-take agreements as
contractual revenue, but acknowledge that every off-take contract
of Terra-Gen is dependent on either generation, energy pricing, or
both, hence adding an element of unpredictability to this
contractual revenue. The presence of operating company debt at the
Dixie (leveraged lease) and the SEGS (144a bond) projects does not
create significant structural subordination risk. The Ba3 rating
also reflects credit positive features of the secured credit
facility, such as a 100% excess cash flow sweep to reach a
targeted debt balance and a six month Debt Service Reserve Account
(DSRA). In addition, the Ba3 rating reflects a capable operator
with a long operating history, and strong sponsors in ArcLight and
GIP, whose investments are strategically focused on the power,
energy and infrastructure sectors.

The Ba3 rating reflects Terra-Gen's competitive position in the
California market which has a strong renewable energy policy and
emissions reduction programs. However, Terra-Gen's contracts have
reliance on SRAC pricing and merchant exposure to Renewable Energy
Credit (RECs) pricing after 2016, which pose a risk to cash flow
predictability. Moody's base case assumptions include $4/MMBtu
natural gas price, and REC prices of $6.50/Mwh for only 50% volume
of qualifying generation, which moderately temper that risk.

Terra-Gen's credit rating also factors in the credit positive
project finance terms in its credit facility. Debt service
obligations are supported by a 6-month DSRA which can be funded by
cash and/or a Letter of Credit. Credit terms feature a 100% excess
cash flow sweep up to a target debt balance schedule. Moody's
understand that the loan agreement will have a financial covenant
requiring Terra-Gen to maintain a trailing 4 quarters Debt Service
Coverage Ratio (DSCR) of 1.1x. Collateral for the credit facility
will consist of first priority pledges of all ownership interests
in the borrower, including pledges of equity, rights to all
dividends and ownership interests in Dixie Valley, SEGS and Terra-
Gen Operating Company. Security will also include a first lien on
all material project assets other than those of Dixie Valley,
SEGS, and Alite, which are project financed.

From a financial metrics perspective, based on various sensitivity
cases examined, Moody's expect Terra-Gen to produce financial
metrics in line with mid-to-low B score on the financial metrics
factors, such as the ratio of Funds from Operations to Debt
(FFO/Debt) of at least 5.4% and the DSCR of approximately 1.5x.
Moody's views the Debt to Capital ratio in the Caa range, due to a
lack of Sponsor equity. While Moody's recognize that Terra-Gen may
have a significant intrinsic collateral value, the sponsor-equity
left in the project after the sale of Alta assets is unclear.

The stable outlook incorporates Moody's view that the generation
assets in Terra-Gen portfolio will continue to operate consistent
with their design capabilities, and that the project will perform
in line with Moody's financial expectations over the next several
years. This includes the generation of a ratio of FFO to debt in
the 5-6% range.

Terra-Gen is unlikely to be considered for a rating upgrade over
the next two to three years. The rating could be upgraded over the
next three to five years if the project repays the term loan
substantially faster than expected, or if Terra-Gen achieves
higher predictability in its cash flows or demonstrate its ability
to re-contract RECs as they come off their contracts. Terra-Gen
should produce sustainable financial metrics commensurate with a
stronger "Ba" rating category, such as a ratio of FFO to debt near
10% for a sustained period of time.

The rating could face downward pressure should there be a
significant deviation in its generation metrics as compared to
historicals, or if there is a significant decline in electricity
prices in the California market. The rating could also face
downward pressure should debt paydown occur at a slower than
expected pace or if financial metrics trend to the lower on a
sustained basis, where the ratio of FFO to debt falls below 5% for
a sustained period of time.

Moody's rating is based upon Moody's current understanding of the
proposed terms and conditions of the transaction and is subject to
Moody's receipt and review of final documentation being consistent
with the proposed terms

The principal methodology used in this rating was Power Generation
Projects published in December 2012.

Terra-Gen is a special purpose entity formed by Terra-Gen Power
LLC, a renewable energy company owned by affiliates of ArcLight
Capital Partners ("ArcLight") and Global Infrastructure Partners
("GIP"). Terra-Gen owns 653MW of generating capacity through 21
projects in operation across the western United States. The
portfolio consists of 497MW of wind, 89MW of solar and 67MW of
geothermal generation assets.


TERRA-GEN FINANCE: S&P Assigns 'B+' CCR & Rates $325MM Loans 'BB-'
------------------------------------------------------------------
Standard & Poor's Ratings Services said it assigned its 'B+'
corporate credit rating to Terra-Gen Finance Co. LLC (TGF).  At
the same time, S&P assigned a 'BB-' issue-level rating and '2'
recovery rating to the company's $300 million senior secured term
loan B due 2021 and $25 million revolving credit facility due
2019.  The company is using net proceeds to repay existing
project-level debt and tax equity minority interests, and make a
distribution to equity owners.  The '2' recovery rating indicates
a substantial recovery (70% to 90%) if a default occurs.  S&P's
recovery expectations are in the upper half of the 70% to 90%
range.  The outlook is stable.

TGF owns and mostly operates 18 wind power projects (497 megawatts
[MW]) that are unencumbered, and has equity interests in another
three solar and geothermal projects (157 MW) from which it
receives equity distributions.  California provides the most cash
flow, with the remainder coming from five other states.  S&P rates
the company based on the consolidated credit profile of its
indirect parent, Terra-Gen Power Holdings (Holdings).  ArcLight
Capital Partners owns 60% of Holdings and Global Infrastructure
Partners owns 40%.

"The stable outlook reflects our expectation of fairly predictable
revenues driven by the company's highly contracted revenue coming
from operating renewable assets and the company's position in
California," said Standard & Poor's credit analyst Trevor D'Olier-
Lees.

Under S&P's base case, it expects that FFO to total debt and total
debt to EBITDA will improve to 13.7% and 5.1x, respectively, in
2016 from 11.3% and 5.9x in 2015.  S&P expects financial measures
to continue to improve over time as the company pays down debt
with excess cash.

S&P may lower the rating if the company fails to meet its base
case forecast and deleverages more slowly than expected, resulting
in debt to EBITDA greater than about 6x in 2016 and beyond on a
sustained basis.  This could result from operating problems or
weaker-than-expected wind speeds.

S&P may raise the rating if the company outperforms S&P's base-
case and deleverages such that debt to EBITDA would be expected to
fall below 5x in the near term.  This could be due to additional
assets being added or favorable recontracting.


TEXOMA PEANUT: Section 341(a) Meeting Set for Dec. 17
-----------------------------------------------------
A meeting of creditors in the bankruptcy cases of Texoma Peanut
Company and two other affiliates is set for Dec. 17, 2014, at
1:30 p.m. at UST Meeting Room 306, Third Floor, US Post Office &
Courthouse, 4th & Grand Okmulgee OK.  Proofs of claim are due by
March 17, 2015.

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

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

                        About Texoma Peanut

Texoma Peanut Company was incorporated by Clint Williams in 1961
as a Southern Okalhoma bulk peanut drying, handling and storage
operation, buying and storing peanuts for shellers.  In 1968, The
Clint Williams Company was established as a sheller and processor
of peanuts for both seed and edible markets.  Although The Clint
Williams Company was later merged into TPC, the company continues
to do its processed peanut business under the "Clint Williams
Company" name which is the name known best in the domestic and
international peanut industry.  TPC and its subsidiaries own 15
buying points and storage facilities -- 4 in Oklahoma, 9 in Texas,
and 2 in Mississippi.  TPC owns 99% of Clint Williams Company-
Western Division LLC and 100%of Clint-Co Peanut Company.

TPC and two subsidiaries sought Chapter 11 bankruptcy protection
(Bankr. E.D. Okla. Lead Case No. 14-81334) in Okmulgee, Oklahoma,
on Nov. 6, 2014.  The cases are assigned to Judge Tom R. Cornish.
The judge has granted joint administration of the Chapter 11
cases.

According to the docket, the Debtors' Chapter 11 plan and
disclosure statement are due March 6, 2015.  Creditors who are
governmental entities have until May 9, 2015, to file claims.

The Debtors have tapped Crowe & Dunlevy as counsel and Dixon
Hughes Goodman as bankruptcy accountants.

The Debtors say they have $49 million in assets.  Secured debt
includes $3.45 million owed to Wells Fargo Bank, N.A., and $2.33
million owed to Wells Fargo Equipment Finance.   Wells Fargo Bank
is represented by William L. Wallander, Esq., at VINSON & ELKINS
LLP, in Dallas, Texas.

As of the Petition Date, an official committee of unsecured
creditors has not yet been appointed in the Cases.

The Debtors sought bankruptcy for protection with plans to sell
all of their core business assets and, thereafter, file a joint
plan of reorganization.  The Debtors expect that by Nov. 24, 2014,
they will have obtained a court order approving the bid procedures
and scheduling an auction date and final sale hearing.  The
Debtors intend to consummate the sale on or prior to Dec. 31,
2014.


TEXOMA PEANUT: Has Interim Authority to Tap $12.7MM in DIP Loans
----------------------------------------------------------------
Judge Tom R. Cornish of the U.S. Bankruptcy Court for the Eastern
District of Oklahoma gave Texoma Peanut Company, et al., interim
authority to obtain postpetition loans from Wells Fargo Bank,
N.A., in an amount not to exceed $12,700,000.

Wells Fargo committed up to $40,500,000, with an interest of the
lesser of (i) the greater of (x) the Prime Rate (as defined in the
DIP Agreement) plus 6.75% and (y) 10.0% or (ii) the Maximum Rate
(as defined in the DIP Agreement).

The Court also gave the Debtors interim authority to use cash
collateral securing their prepetition indebtedness.  Wells Fargo
holds a claim against the Debtors, as of the Petition Date, in an
aggregate amount equal to at least $34.5 million of unpaid
principal and the outstanding amount of issued but undrawn letters
of credit, $417,000 of accrued and unpaid interest, $669,000 of
unreimbursed fees and expenses, plus any and all other fees,
costs, expenses, charges, and other obligations that have accrued
as of the Petition Date.  In addition, Wells Fargo Equipment
Finance, Inc. holds a claim against TPC, as of the Petition Date,
in an aggregate amount equal to at least $2.33 million of unpaid
principal and $9,500 of unpaid interest, plus any and all other
fees, costs, expenses, charges.

A full-text copy of the Interim DIP Order with Budget is available
at http://bankrupt.com/misc/TEXOMAcashcolord1010.pdf

Wells Fargo is represented by:

         William L. Wallander, Esq.
         Bradley R. Foxman, Esq.
         VINSON & ELKINS L.L.P.
         3700 Trammell Crow Center
         2001 Ross Avenue
         Dallas, TX 75201
         Tel.: (214) 220-7700
         Fax: (214) 220-7716
         E-mail: bwallander@velaw.com
                 bfoxman@velaw.com

A final hearing on the financing motion will take place on
Nov. 24, 2014, at 10:00 a.m.  Objections are due Nov. 20.

                        About Texoma Peanut

Texoma Peanut Company was incorporated by Clint Williams in 1961
as a Southern Oklahoma bulk peanut drying, handling and storage
operation, buying and storing peanuts for shellers.  In 1968, The
Clint Williams Company was established as a sheller and processor
of peanuts for both seed and edible markets.  Although The Clint
Williams Company was later merged into TPC, the company continues
to do its processed peanut business under the "Clint Williams
Company" name which is the name known best in the domestic and
international peanut industry.  TPC and its subsidiaries own 15
buying points and storage facilities -- 4 in Oklahoma, 9 in Texas,
and 2 in Mississippi.  TPC owns 99% of Clint Williams Company-
Western Division LLC and 100% of Clint-Co Peanut Company.

TPC and two subsidiaries sought Chapter 11 bankruptcy protection
(Bankr. E.D. Okla. Lead Case No. 14-81334) in Okmulgee, Oklahoma,
on Nov. 6, 2014.  The cases are assigned to Judge Tom R. Cornish.
The judge has granted joint administration of the Chapter 11
cases.

According to the docket, the Debtors' Chapter 11 plan and
disclosure statement are due March 6, 2015.  Creditors who are
governmental entities have until May 9, 2015, to file claims.

The Debtors have tapped Crowe & Dunlevy, as counsel and Dixon
Hughes Goodman as bankruptcy accountants.

The Debtors say they have $49 million in assets.  Secured debt
includes $3.45 million owed to Wells Fargo Bank, N.A., and $2.33
million owed to Wells Fargo Equipment Finance.


TEXOMA PEANUT: Taps Gerard Miller as Conflicts Counsel
------------------------------------------------------
Texamo Peanut Company and its debtor affiliates seek authority
from the U.S. Bankruptcy Court for the Eastern District of
Oklahoma to employ Gerald Miller, Esq., as conflicts counsel.

Miller will be engaged, for the limited purpose, to perform
certain tasks, which include:

   (a) representation of the Debtors' interest in matters and
       proceedings arising in or relating to these bankruptcy
       cases to the extent Crowe & Dunlevy, PC, as the Debtors'
       lead bankruptcy counsel, has a conflict;

   (b) advice to the Debtors concerning the administration of the
       estates and the operation of the businesses during the
       pendency of reorganization, the Debtors' rights and duties,
       and the claims of creditors and other parties-in-interest
       to the extent Crowe & Dunlevy has a conflict;

   (c) investigation, and if advisable, prosecution of causes of
       action belonging to the estate under applicable
       non-bankruptcy law to the extent Crowe & Dunlevy has a
       conflict; and

   (d) assistance with other matters as Debtors' management may
       request from time to time to the extent necessary.

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

                        About Texoma Peanut

Texoma Peanut Company was incorporated by Clint Williams in 1961
as a Southern Okalhoma bulk peanut drying, handling and storage
operation, buying and storing peanuts for shellers.  In 1968, The
Clint Williams Company was established as a sheller and processor
of peanuts for both seed and edible markets.  Although The Clint
Williams Company was later merged into TPC, the company continues
to do its processed peanut business under the "Clint Williams
Company" name which is the name known best in the domestic and
international peanut industry.  TPC and its subsidiaries own 15
buying points and storage facilities -- 4 in Oklahoma, 9 in Texas,
and 2 in Mississippi.  TPC owns 99% of Clint Williams Company-
Western Division LLC and 100%of Clint-Co Peanut Company.

TPC and two subsidiaries sought Chapter 11 bankruptcy protection
(Bankr. E.D. Okla. Lead Case No. 14-81334) in Okmulgee, Oklahoma,
on Nov. 6, 2014.  The cases are assigned to Judge Tom R. Cornish.
The judge has granted joint administration of the Chapter 11
cases.

According to the docket, the Debtors' Chapter 11 plan and
disclosure statement are due March 6, 2015.  Creditors who are
governmental entities have until May 9, 2015, to file claims.

The Debtors have tapped Crowe & Dunlevy, as counsel and Dixon
Hughes Goodman as bankruptcy accountants.

The Debtors say they have $49 million in assets.  Secured debt
includes $3.45 million owed to Wells Fargo Bank, N.A., and $2.33
million owed to Wells Fargo Equipment Finance.


TEXOMA PEANUT: Hires Focus Management as Financial Advisor
----------------------------------------------------------
Texamo Peanut Company and its debtor affiliates seek authority
from the U.S. Bankruptcy Court for the Eastern District of
Oklahoma to employ Focus Management Group USA, Inc., as financial
advisor.

Focus will perform the following services for the Debtors:

   (a) Assistance in connection with the Debtors' Chapter 11
       filing including preparation of cash forecasts, budgets,
       projections and filing documents;

   (b) Review, prepare and assist and analyze the Debtors'
       business plans, cash flow projections, restructuring
       programs, and other reports or analyses prepared by the
       Debtors or their professionals in order to advise the
       Debtors on the viability of the continuing operations and
       the reasonableness of projections and assumptions;

   (c) Assist the Debtors in preparing Schedules of Assets and
       Liabilities, Statements of Financial Affairs, and Monthly
       Operating Reports to be filed in connection with the
       Debtors' Chapter 11 case.

   (d) Assist the Debtors in preparing an operational
       restructuring plan to be presented to the Debtors' provider
       of post-filing financing;

   (e) Review, evaluate assist and analyze the financial
       ramifications of proposed transactions for which the
       Debtors seek Bankruptcy Court approval, including, but not
       limited to, DIP Financing and cash management,
       assumption/rejection of real property leases and other
       contracts, asset sales, management compensation and/or
       retention and severance plans;

   (f) Review, evaluate and analyze the Debtors' internally
       prepared financial statements and related documentation,
       in order to evaluate the performance of the Debtors as
       compared to projected results on an ongoing basis;

   (g) Attend and advise at meetings with the Debtors, their
       counsel, other financial advisors and representatives of
       the Official Committee of Unsecured Creditors, if formed;

   (h) Assist and advise the Debtors and their counsel in the
       development, evaluation and documentation of any plan(s) of
       reorganization or strategic transaction(s), including
       developing, structuring and negotiating the terms and
       conditions of potential plan(s) or strategic transaction(s)
       and the consideration that is to be provided to unsecured
       creditors thereunder;

   (i) Render testimony in connection with the firm's services, as
       required, on behalf of the Debtors;

   (j) Coordinate operations of the Debtors with the Debtors'
       management and counsel, and assist management with
       monitoring and reporting thereon to the Bankruptcy Court
       and all interested parties; and

   (k) provide other services, as specifically requested by the
       Debtors and agreed by Consultant.

The Debtors will pay the firm its customary hourly rates:

       Managing Directors           $400 per hour
       Senior Consultants           $350 per hour

Focus will also seek reimbursement for reasonable out-of-pocket
expenses incurred in connection with its engagement.

Prior to the Petition Date, the Debtors paid Focus $732,478 for
fees and expenses for prepetition services rendered to the Debtors
by Focus, as well as to serve as a retainer.  After deducting fees
and expenses previously billed (and paid) for prepetition services
rendered, $116,466 remains as a retainer.  The $116,466 retainer
balance will be available to be applied to postpetition services,
as approved by the Court, including pursuant to any procedures for
interim compensation approved by the Court.

Michael Doland, chief operating officer of Focus Management Group
USA, Inc., assures the Court that his firm is a "disinterested
person" as the term is defined in Section 101(14) of the
Bankruptcy Code and does not represent any interest adverse to the
Debtors and their estates.

Mr. Doland may be reached at:

         Michael Doland
         Chief Operating Officer
         5001 W. Lemon St.
         Tampa, FL 33609
         Tel: (813) 281-0062
         E-mail: m.doland@focusmg.com

                        About Texoma Peanut

Texoma Peanut Company was incorporated by Clint Williams in 1961
as a Southern Okalhoma bulk peanut drying, handling and storage
operation, buying and storing peanuts for shellers.  In 1968, The
Clint Williams Company was established as a sheller and processor
of peanuts for both seed and edible markets.  Although The Clint
Williams Company was later merged into TPC, the company continues
to do its processed peanut business under the "Clint Williams
Company" name which is the name known best in the domestic and
international peanut industry.  TPC and its subsidiaries own 15
buying points and storage facilities -- 4 in Oklahoma, 9 in Texas,
and 2 in Mississippi.  TPC owns 99% of Clint Williams Company-
Western Division LLC and 100%of Clint-Co Peanut Company.

TPC and two subsidiaries sought Chapter 11 bankruptcy protection
(Bankr. E.D. Okla. Lead Case No. 14-81334) in Okmulgee, Oklahoma,
on Nov. 6, 2014.  The cases are assigned to Judge Tom R. Cornish.
The judge has granted joint administration of the Chapter 11
cases.

According to the docket, the Debtors' Chapter 11 plan and
disclosure statement are due March 6, 2015.  Creditors who are
governmental entities have until May 9, 2015, to file claims.

The Debtors have tapped Crowe & Dunlevy, as counsel and Dixon
Hughes Goodman as bankruptcy accountants.

The Debtors say they have $49 million in assets.  Secured debt
includes $3.45 million owed to Wells Fargo Bank, N.A., and $2.33
million owed to Wells Fargo Equipment Finance.


THERAPEUTICSMD INC: Incurs $17.8 Million Net Loss in 3rd Quarter
----------------------------------------------------------------
TherapeuticsMD Inc. reported a net loss of $17.83 million on $4.18
million of net revenues for the three months ended Sept. 30, 2014,
compared to a net loss of $7.67 million on $2.29 million of net
revenues for the same period in 2013.

For the nine months ended Sept. 30, 2014, the Company reported a
net loss of $37.91 million on $10.76 million of net revenues
compared to a net loss of $20.04 million on $5.91 million of net
revenues for the same period during the prior year.

The Company's balance sheet at Sept. 30, 2014, showed $74.60
million in total assets, $11 million in total liabilities, all
current, and $63.60 million in total stockholders' equity.  Cash
totaled approximately $67 million as of the end of the quarter
with no outstanding debt.

"The third quarter was an important time of progress at
TherapeuticsMD, with our late-stage clinical programs advancing
and our current women's health business continuing to perform
well," said TherapeuticsMD CEO Robert G. Finizio.  "Additionally,
market dynamics continue to evolve in favor of our novel hormone
therapy development programs, and we are progressing toward study
results for our phase 3 VVA program next year."

A full-text copy of the press release is available at:

                        http://is.gd/1JYOT6

                        About TherapeuticsMD

Boca Raton, Florida-based TherapeuticsMD, Inc. (OTC QB: TXMD) is a
women's healthcare product company focused on creating and
commercializing products targeted exclusively for women.  The
Company currently manufactures and distributes branded and generic
prescription prenatal vitamins as well as over-the-counter
vitamins and cosmetics.  The Company is currently focused on
conducting the clinical trials necessary for regulatory approval
and commercialization of advanced hormone therapy pharmaceutical
products designed to alleviate the symptoms of and reduce the
health risks resulting from menopause-related hormone
deficiencies.

TherapeuticsMD reported a net loss of $28.41 million in 2013, a
net loss of $35.12 million in 2012, and a net loss of $12.9
million in 2011.


TRAVELPORT WORLDWIDE: Reports $154 Million Net Income for Q3
------------------------------------------------------------
Travelport Worldwide Limited filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
net income attributable to the Company of $154 million on $529
million of net revenue for the three months ended Sept. 30, 2014,
compared to a net loss attributable to the Company of $27 million
on $511 million of net revenue for the same period last year.

For the nine months ended Sept. 30, 2014, the Company reported net
income attributable to the Company of $129 million on $1.65
billion of net revenue compared to a net loss attributable to the
Company of $156 million on $1.59 billion of net revenue for the
same period in 2013.

The Company's balance sheet at Sept. 30, 2014, showed $2.99
billion in total assets, $3.20 billion in total liabilities and a
$210 million total deficit.

Gordon Wilson, president and CEO of Travelport, commented:

"Travelport's third quarter performance demonstrated continued
solid growth in both Net revenue and Adjusted EBITDA.  We are
particularly excited that within our Travel Commerce Platform,
Beyond Air revenue is showing acceleration driven in particular by
hotel distribution and our eNett payments business, and that our
airline merchandising capabilities have been enhanced through the
launch of the latest iteration of our Smartpoint point of sale
product.  This ground breaking technology is a first for the
industry and has made real the ability for the 76 carriers who
have so far signed up for our Rich Content and Branding
capabilities to be able to display and sell their full range of
products and services to both corporate and leisure travellers who
book through travel agencies, in a manner similar to the way in
which these airlines sell through their direct channels.  This all
bodes well for the future, and we remain committed to investing in
our platform, continuing to develop leadership positions and
delivering sustainable, long-term growth in order to provide
attractive long-term returns to our shareholders."

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

                        http://is.gd/R6tS6v

Travelport Worldwide separately filed with the SEC a post-
effective amendment No. 1 to its Registration Statement on Form
S-1 which was declared effective by the SEC on Sept. 24, 2014, to
deregister all 4,500,000 unsold common shares par value $0.0025 of
Travelport Worldwide registered under the Registration Statement
as of Nov. 5, 2014.

                    About Travelport Worldwide

Travelport Worldwide Limited is a travel commerce platform
providing distribution, technology, payment and other solutions
for the global travel and tourism industry.

                           *     *     *

As reported by the TCR on Sept. 8, 2014, Standard & Poor's Ratings
Services raised to 'B-' from 'CCC+' its long-term corporate credit
ratings on U.K.-based travel services provider Travelport
Worldwide Limited and its new wholly owned financing entity,
Travelport Finance (Luxembourg) S.a.r.l. (Travelport Finance).
The outlook is stable.


TRIKO LLC: Failure to File Schedules Cues Case Dismissal
--------------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California
dismissed the Chapter 11 case of Triko LLC because the Debtor has
failed to file all the documents required under Rule 1007 or
3015(b) of the Federal Rules of Bankruptcy Procedure within 14
days after the filing of the petition and no motion for an order
extending the time to file the required documents has been timely
filed in accordance with FRBP 1007(a)(5) or 3015(b).

Bankruptcy Rule 1007 requires a debtor to file its schedules of
assets and liabilities and statement of financial affairs, among
other documents.  The bankruptcy rules also set deadlines for the
filing of those documents.

                         About Triko LLC

Triko, LLC, commenced Chapter 11 bankruptcy proceedings (Bankr.
C.D. Cal. Case No. 14-28008) in Los Angeles on Sept. 22, 2014, to
stop foreclosure of its property in Fullerton, California.  The
Debtor estimated both assets and liabilities between $10 million
and $50 million.


UNI-PIXEL INC: Posts $5.6 Million Third Quarter Net Loss
--------------------------------------------------------
Uni-Pixel, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $5.61 million on $0 of revenue for the three months ended
Sept. 30, 2014, compared to a net loss of $5.29 million on $0 of
revenue for the same period in 2013.

For the nine months ended Sept. 30, 2014, the Company reported a
net loss of $17.87 million on $0 of revenue compared to a net loss
of $9.04 million on $5.07 million of revenue for the nine months
ended Sept. 30, 2013.

The Company's balance sheet at Sept. 30, 2014, showed $39.44
million in total assets, $5.25 million in total liabilities and
$34.18 million in total shareholders' equity.

As of Sept. 30, 2014, the Company had a cash balance of
approximately $26.9 million and working capital of $21.7 million.

"Moving our additive, roll-to-roll pilot production line under one
roof at the Kodak facility marks a major milestone to help
consolidate expenses and streamline operations," noted Jeff
Hawthorne, UniPixel's president and CEO.  "We continue to make
progress increasing our average yield as we apply the knowledge
gained from and improvements made to the pilot production line.

"We have successfully worked through a number of challenges over
the past several months, including ink formulation, PET substrate
selection, roll-to-roll plating, plating chemistry full
characterization and bath life stability, and improved sensor
metal mesh visibility.  We have a limited number of challenges we
are working on overcoming to achieve a repeatable, commercial
production yield level.  These challenges primarily include
improving the web transport to increase electrical yield and
enhancing final testing to improve yield at module integration.
We believe none of these challenges are insurmountable and our
combined teams will resolve them in due course."

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

                        http://is.gd/TswXbH

                         About Uni-Pixel Inc.

The Woodlands, Tex.-based Uni-Pixel, Inc. (OTC BB: UNXL)
-- http://www.unipixel.com/-- is a production stage company
delivering its Clearly Superior(TM) Performance Engineered Films
to the Lighting & Display, Solar and Flexible Electronics market
segments.

Uni-Pixel reported a net loss of $15.18 million in 2013, a net
loss of $9.01 million in 2012 and a net loss of $8.56 million in
2011.


VIGGLE INC: To Introduce Add-to-DVR Technology
----------------------------------------------
Opera Mediaworks partners with Viggle to introduce Add-to-DVR
technology.

New mobile ad technology, developed by Opera Mediaworks in
partnership with Viggle, gives TV network advertisers the ability
to offer a brand-new call to action, Add-to-DVR, as part of their
mobile campaigns.

Adapted from Viggle's Reminder technology, the ad unit
communicates with a user's DVR in real time to set up a recording.
The technology brings to life the idea of the "connected home" for
entertainment advertisers.

"When DVRs were first introduced, they were seen as a threat to TV
advertisers, because they allowed users to skip ads," says Scott
Swanson, president of Global Advertising Sales at Opera
Mediaworks.  "As with so many new technologies, however, the story
isn't over on the role DVR's can play in advertising, and we see
this as a tremendous opportunity.  The Add-to-DVR ad unit enables
networks to promote and drive consumers to view their programming
easily, right from the ad itself.  With a simple click on a banner
advertisement, a user can engage Add-to-DVR to effectively
initiate a 'record' button right then and there."

"We're excited to have worked with Opera Mediaworks to develop
this powerful functionality that will help TV networks and brands
reach and engage with their core audiences," says Viggle President
and COO, Greg Consiglio.  "We expect to see the Add-to-DVR option
drive tune-in among consumers, as they are reminded about their
favorite shows through websites, banner and mobile ads.  As an
added benefit, viewers who check into any TV programs with the
Viggle app will earn points that can be redeemed for free music at
ViggleStore.com or other rewards on the app."

Add-to-DVR in action

A pilot campaign has already been developed for a live broadcast
event on a major TV network.  With this campaign, advertisers can
target potential viewers based on demographic, contextual content
or social-media activity.

Those who fit the campaign's criteria are served a mobile ad in
the form of a full-page, interstitial-video rich-media unit, which
ends with the Add-to-DVR call to action.

Users are prompted to fill out a few short fields (ZIP code, email
address, service provider); then, the ad unit feeds the users'
details directly into their cable provider's system to complete
the connection and recording setup.

The ad unit is compatible with most major cable service providers
in the United States.  The ad can also send SMS and email
notifications to users to watch a particular show before it airs
and when there is a new episode in the series.

The new mobile ad unit is being launched in the fall season, as
this is the ideal time for network advertisers to promote Add-to-
DVR.  Traditionally, this is the time when users spend more time
watching shows they've recorded, such as TV premieres and live
broadcast events, including professional basketball and football
games.

                            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 reported a net loss of $68.43 million on $17.98 million of
revenues for the year ended June 30, 2014, compared to a net loss
of $91.40 million on $13.90 million of revenues for the year ended
June 30, 2013.

The Company's balance sheet at June 30, 2014, showed $79.09
million in total assets, $39.29 million in total liabilities and
$39.80 million in total stockholders' equity.

BDO USA, LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended
June 30, 2014.  The independent auditors noted that the Company
has suffered recurring losses from operations and at June 30,
2014, has a deficiency in working capital that raises substantial
doubt about its ability to continue as a going concern.


UNITEK GLOBAL: Seeks to Assume Zurich Insurance Agreements
----------------------------------------------------------
Unitek Global Services, Inc., et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to assume certain
previously expired and current insurance agreements with Zurich
American Insurance Companies and its affiliates.

The Previous Insurance Program was comprised of workers'
compensation, automobile liability, general liability and excess
liability insurance policies issued by the Insurer.  The Previous
Insurance Program expired on September 30, 2014.

The Debtors recently entered into the Renewal Insurance Program,
renewing the workers' compensation, automobile liability, general
liability policies and excess liability policies.  The total
premium due under the Renewal Insurance Program was $3,296,345.
At the insistence of the Insurer, a condition of the Renewal
Insurance Program is that the Insurer can cancel the Renewal
Insurance Program if the Court does not enter an order approving
(a) the Debtors' assumption of the Insurance Program in its
entirety and (b) approving certain rights and protections to the
Insurer with respect to the Insurance Program that, according to
the Insurer, are intended to protect it from the risk associated
with doing business with a debtor and that similar accommodations
or arrangements have been approved by bankruptcy courts in past
cases.

A hearing on the request is scheduled for Dec. 3, 2014, at 11:00
a.m. (ET).  Objections are due Nov. 19.

                  About UniTek Global Services

UniTek Global Services, Inc., based in Blue Bell, Pennsylvania,
provides fulfillment and infrastructure services to media and
telecommunication companies in the United States and Canada.

On Nov. 3, 2014 UniTek Global and nine subsidiary companies filed
petitions in the United States Bankruptcy Court for the District
of Delaware seeking relief under chapter 11 of the United States
Bankruptcy Code.  The Debtors' cases have been assigned to Judge
Judge Peter J. Walsh. The Debtors are seeking to have their cases
jointly administered for procedural purposes, with pleadings to be
maintained on the case docket for UniTek Global Services, Inc.,
Case No. 14-12471.

The Debtors have tapped Morgan, Lewis & Bockius LLP as counsel;
Young, Conaway, Stargatt & Taylor, LLP, as co-counsel; Miller
Buckfire & Co. LLC, as financial advisor; Protiviti Inc., and Epiq
Bankruptcy Solutions, LLC, as claims and noticing agent.

As of Sept. 30, 2014, the Debtors have 2,500 employees,
substantially all of whom are full-time.

UniTek Global reported a net loss of $52.07 million on $471.93
million of revenues for the year ended Dec. 31, 2013, as compared
with a net loss of $77.73 million on $437.59 million of revenues
in 2012.

The Company's balance sheet at March 29, 2014, showed $250 million
in total assets against $257 million in total liabilities.

A Dec. 12 hearing is scheduled to consider confirmation of the
Debtors' prepackaged plan and the adequacy of the disclosure
statement explaining the Plan.  The Plan is premised upon a plan
support agreement entered into among Unitek Global and (i) its
U.S. subsidiaries, including DirectSAT USA, Inc.; (ii) Apollo
Investment Corporation, as agent for the lenders under the ABL
Credit Agreement; (iii) certain lenders under the ABL Credit
Agreement; (iv) certain lenders under the Term Loan Credit
Agreement; and (v) DIRECTV, LLC.  Under the PSA, Unitek agreed to
the terms of a restructuring of its more than $90 million debt
with its lenders, including affiliates of Littlejohn & Co. and New
Mountain Capital, and a voluntary pre-packaged Chapter 11 filing.

Wilmington Trust, National Association, as agent, and a group of
lenders agreed to provide Unitek with more than $50 million in
debtor-in-possession financing.  The DIP Agent is represented by
Jason J. Solomon, Esq., at Alston & Bird LLP, in Charlotte, North
Carolina.  Certain DIP Lenders are represented by Joshua A.
Sussberg, Esq., and Yongjin Im, Esq., at Kirkland & Ellis LLP, in
New York; and Steven N. Serajeddini, Esq., at Kirkland & Ellis
LLP, in Chicago, Illinois.  Certain of the DIP Lenders are also
represented by Richard A. Levy, Esq., and Matthew L. Warren, Esq.,
at Latham & Watkins LLP, in Chicago, Illinois.


UNITEK GLOBAL: Has Interim Approval of Equity Transfer Protocol
---------------------------------------------------------------
Judge Peter J. Walsh of the U.S. Bankruptcy Court for the District
of Delaware gave interim Unitek Global Services, Inc., et al.,
authority to establish procedures with respect to (i) the
ownership, acquisition and disposition of (x) beneficial interests
in equity securities in Unitek Global and (y) Term Loan Claims,
and (ii) any claim by a holder of 50-percent or more of the stock
of Unitek Global of a worthless securities deduction under section
165(g) of the Internal Revenue Code of 1986, as amended, with
respect to such stock.

The procedures propose that any person or entity which
beneficially owns, at any time on or after the Petition Date,
UniTek Global Stock in an amount sufficient to qualify that person
or entity as a substantial equityholder must file with the Court a
notice of such status immediately after becoming a substantial
equityholder.

A "Substantial Equityholder" is any person or entity that
Beneficially Owns at least 868,578 shares of UniTek Global Stock
representing approximately 4.5% of all issued and outstanding
shares of UniTek Global Stock.

The final hearing on the motion is scheduled for Dec. 3, 2014, at
11:00 a.m. (prevailing Eastern time).

                  About UniTek Global Services

UniTek Global Services, Inc., based in Blue Bell, Pennsylvania,
provides fulfillment and infrastructure services to media and
telecommunication companies in the United States and Canada.

On Nov. 3, 2014 UniTek Global and nine subsidiary companies filed
petitions in the United States Bankruptcy Court for the District
of Delaware seeking relief under chapter 11 of the United States
Bankruptcy Code.  The Debtors' cases have been assigned to Judge
Judge Peter J. Walsh. The Debtors are seeking to have their cases
jointly administered for procedural purposes, with pleadings to be
maintained on the case docket for UniTek Global Services, Inc.,
Case No. 14-12471.

The Debtors have tapped Morgan, Lewis & Bockius LLP as counsel;
Young, Conaway, Stargatt & Taylor, LLP, as co-counsel; Miller
Buckfire & Co. LLC, as financial advisor; Protiviti Inc., and Epiq
Bankruptcy Solutions, LLC, as claims and noticing agent.

As of Sept. 30, 2014, the Debtors have 2,500 employees,
substantially all of whom are full-time.

UniTek Global reported a net loss of $52.07 million on $471.93
million of revenues for the year ended Dec. 31, 2013, as compared
with a net loss of $77.73 million on $437.59 million of revenues
in 2012.

The Company's balance sheet at March 29, 2014, showed $250 million
in total assets against $257 million in total liabilities.

A Dec. 12 hearing is scheduled to consider confirmation of the
Debtors' prepackaged plan and the adequacy of the disclosure
statement explaining the Plan.  The Plan is premised upon a plan
support agreement entered into among Unitek Global and (i) its
U.S. subsidiaries, including DirectSAT USA, Inc.; (ii) Apollo
Investment Corporation, as agent for the lenders under the ABL
Credit Agreement; (iii) certain lenders under the ABL Credit
Agreement; (iv) certain lenders under the Term Loan Credit
Agreement; and (v) DIRECTV, LLC.  Under the PSA, Unitek agreed to
the terms of a restructuring of its more than $90 million debt
with its lenders, including affiliates of Littlejohn & Co. and New
Mountain Capital, and a voluntary pre-packaged Chapter 11 filing.

Wilmington Trust, National Association, as agent, and a group of
lenders agreed to provide Unitek with more than $50 million in
debtor-in-possession financing.  The DIP Agent is represented by
Jason J. Solomon, Esq., at Alston & Bird LLP, in Charlotte, North
Carolina.  Certain DIP Lenders are represented by Joshua A.
Sussberg, Esq., and Yongjin Im, Esq., at Kirkland & Ellis LLP, in
New York; and Steven N. Serajeddini, Esq., at Kirkland & Ellis
LLP, in Chicago, Illinois.  Certain of the DIP Lenders are also
represented by Richard A. Levy, Esq., and Matthew L. Warren, Esq.,
at Latham & Watkins LLP, in Chicago, Illinois.


UNITEK GLOBAL: Obtains Authority to Pay $15.4MM for Trade Claims
----------------------------------------------------------------
Judge Peter J. Walsh of the U.S. Bankruptcy Court for the District
of Delaware authorized Unitek Global Services, Inc., et al., to
pay prepetition amounts owed to trade creditors, provided that the
total amount of cash payments made on account of trade claims
incurred prior to the Petition Date will not exceed $15.4 million
in the aggregate.  The payment of trade claims is conditioned upon
the trade creditor's continued performance under its contract with
the Debtors.

                  About UniTek Global Services

UniTek Global Services, Inc., based in Blue Bell, Pennsylvania,
provides fulfillment and infrastructure services to media and
telecommunication companies in the United States and Canada.

On Nov. 3, 2014 UniTek Global and nine subsidiary companies filed
petitions in the United States Bankruptcy Court for the District
of Delaware seeking relief under chapter 11 of the United States
Bankruptcy Code.  The Debtors' cases have been assigned to Judge
Judge Peter J. Walsh. The Debtors are seeking to have their cases
jointly administered for procedural purposes, with pleadings to be
maintained on the case docket for UniTek Global Services, Inc.,
Case No. 14-12471.

The Debtors have tapped Morgan, Lewis & Bockius LLP as counsel;
Young, Conaway, Stargatt & Taylor, LLP, as co-counsel; Miller
Buckfire & Co. LLC, as financial advisor; Protiviti Inc., and Epiq
Bankruptcy Solutions, LLC, as claims and noticing agent.

As of Sept. 30, 2014, the Debtors have 2,500 employees,
substantially all of whom are full-time.

UniTek Global reported a net loss of $52.07 million on $471.93
million of revenues for the year ended Dec. 31, 2013, as compared
with a net loss of $77.73 million on $437.59 million of revenues
in 2012.

The Company's balance sheet at March 29, 2014, showed $250 million
in total assets against $257 million in total liabilities.

A Dec. 12 hearing is scheduled to consider confirmation of the
Debtors' prepackaged plan and the adequacy of the disclosure
statement explaining the Plan.  The Plan is premised upon a plan
support agreement entered into among Unitek Global and (i) its
U.S. subsidiaries, including DirectSAT USA, Inc.; (ii) Apollo
Investment Corporation, as agent for the lenders under the ABL
Credit Agreement; (iii) certain lenders under the ABL Credit
Agreement; (iv) certain lenders under the Term Loan Credit
Agreement; and (v) DIRECTV, LLC.  Under the PSA, Unitek agreed to
the terms of a restructuring of its more than $90 million debt
with its lenders, including affiliates of Littlejohn & Co. and New
Mountain Capital, and a voluntary pre-packaged Chapter 11 filing.

Wilmington Trust, National Association, as agent, and a group of
lenders agreed to provide Unitek with more than $50 million in
debtor-in-possession financing.  The DIP Agent is represented by
Jason J. Solomon, Esq., at Alston & Bird LLP, in Charlotte, North
Carolina.  Certain DIP Lenders are represented by Joshua A.
Sussberg, Esq., and Yongjin Im, Esq., at Kirkland & Ellis LLP, in
New York; and Steven N. Serajeddini, Esq., at Kirkland & Ellis
LLP, in Chicago, Illinois.  Certain of the DIP Lenders are also
represented by Richard A. Levy, Esq., and Matthew L. Warren, Esq.,
at Latham & Watkins LLP, in Chicago, Illinois.


UNITEK GLOBAL: Schedules Filing Date Extended to Jan. 5
-------------------------------------------------------
Judge Peter J. Walsh of the U.S. Bankruptcy Court for the District
of Delaware gave Unitek Global Services, Inc., et al., until
Jan. 5, 2015, to file their schedules of assets and liabilities
and statements of financial affairs.  In the event that
confirmation of the Debtors' prepackaged plan of reorganization
occurs before the Jan. 5 filing date, then the requirement that
the Debtors file their Schedules and Statements is waived.

                  About UniTek Global Services

UniTek Global Services, Inc., based in Blue Bell, Pennsylvania,
provides fulfillment and infrastructure services to media and
telecommunication companies in the United States and Canada.

On Nov. 3, 2014 UniTek Global and nine subsidiary companies filed
petitions in the United States Bankruptcy Court for the District
of Delaware seeking relief under chapter 11 of the United States
Bankruptcy Code.  The Debtors' cases have been assigned to Judge
Judge Peter J. Walsh. The Debtors are seeking to have their cases
jointly administered for procedural purposes, with pleadings to be
maintained on the case docket for UniTek Global Services, Inc.,
Case No. 14-12471.

The Debtors have tapped Morgan, Lewis & Bockius LLP as counsel;
Young, Conaway, Stargatt & Taylor, LLP, as co-counsel; Miller
Buckfire & Co. LLC, as financial advisor; Protiviti Inc., and Epiq
Bankruptcy Solutions, LLC, as claims and noticing agent.

As of Sept. 30, 2014, the Debtors have 2,500 employees,
substantially all of whom are full-time.

UniTek Global reported a net loss of $52.07 million on $471.93
million of revenues for the year ended Dec. 31, 2013, as compared
with a net loss of $77.73 million on $437.59 million of revenues
in 2012.

The Company's balance sheet at March 29, 2014, showed $250 million
in total assets against $257 million in total liabilities.

A Dec. 12 hearing is scheduled to consider confirmation of the
Debtors' prepackaged plan and the adequacy of the disclosure
statement explaining the Plan.  The Plan is premised upon a plan
support agreement entered into among Unitek Global and (i) its
U.S. subsidiaries, including DirectSAT USA, Inc.; (ii) Apollo
Investment Corporation, as agent for the lenders under the ABL
Credit Agreement; (iii) certain lenders under the ABL Credit
Agreement; (iv) certain lenders under the Term Loan Credit
Agreement; and (v) DIRECTV, LLC.  Under the PSA, Unitek agreed to
the terms of a restructuring of its more than $90 million debt
with its lenders, including affiliates of Littlejohn & Co. and New
Mountain Capital, and a voluntary pre-packaged Chapter 11 filing.

Wilmington Trust, National Association, as agent, and a group of
lenders agreed to provide Unitek with more than $50 million in
debtor-in-possession financing.  The DIP Agent is represented by
Jason J. Solomon, Esq., at Alston & Bird LLP, in Charlotte, North
Carolina.  Certain DIP Lenders are represented by Joshua A.
Sussberg, Esq., and Yongjin Im, Esq., at Kirkland & Ellis LLP, in
New York; and Steven N. Serajeddini, Esq., at Kirkland & Ellis
LLP, in Chicago, Illinois.  Certain of the DIP Lenders are also
represented by Richard A. Levy, Esq., and Matthew L. Warren, Esq.,
at Latham & Watkins LLP, in Chicago, Illinois.


UNITEK GLOBAL: Can Employ Epiq as Claims & Noticing Agent
---------------------------------------------------------
Judge Peter J. Walsh of the U.S. Bankruptcy Court for the District
of Delaware authorized Unitek Global Services, Inc., et al., to
employ Epiq Bankruptcy Solutions, LLC, as claims and noticing
agent to, among other things:

   (i) distribute required notices to parties-in-interest;

  (ii) receive, maintain, docket and otherwise administer the
       proofs of claim filed in the Debtors' cases; and

(iii) provide other administrative services that would fall
       within the purview of services to be provided by the
       Clerk's Office.

                  About UniTek Global Services

UniTek Global Services, Inc., based in Blue Bell, Pennsylvania,
provides fulfillment and infrastructure services to media and
telecommunication companies in the United States and Canada.

On Nov. 3, 2014 UniTek Global and nine subsidiary companies filed
petitions in the United States Bankruptcy Court for the District
of Delaware seeking relief under chapter 11 of the United States
Bankruptcy Code.  The Debtors' cases have been assigned to Judge
Judge Peter J. Walsh. The Debtors are seeking to have their cases
jointly administered for procedural purposes, with pleadings to be
maintained on the case docket for UniTek Global Services, Inc.,
Case No. 14-12471.

The Debtors have tapped Morgan, Lewis & Bockius LLP as counsel;
Young, Conaway, Stargatt & Taylor, LLP, as co-counsel; Miller
Buckfire & Co. LLC, as financial advisor; Protiviti Inc., and Epiq
Bankruptcy Solutions, LLC, as claims and noticing agent.

As of Sept. 30, 2014, the Debtors have 2,500 employees,
substantially all of whom are full-time.

UniTek Global reported a net loss of $52.07 million on $471.93
million of revenues for the year ended Dec. 31, 2013, as compared
with a net loss of $77.73 million on $437.59 million of revenues
in 2012.

The Company's balance sheet at March 29, 2014, showed $250 million
in total assets against $257 million in total liabilities.

A Dec. 12 hearing is scheduled to consider confirmation of the
Debtors' prepackaged plan and the adequacy of the disclosure
statement explaining the Plan.  The Plan is premised upon a plan
support agreement entered into among Unitek Global and (i) its
U.S. subsidiaries, including DirectSAT USA, Inc.; (ii) Apollo
Investment Corporation, as agent for the lenders under the ABL
Credit Agreement; (iii) certain lenders under the ABL Credit
Agreement; (iv) certain lenders under the Term Loan Credit
Agreement; and (v) DIRECTV, LLC.  Under the PSA, Unitek agreed to
the terms of a restructuring of its more than $90 million debt
with its lenders, including affiliates of Littlejohn & Co. and New
Mountain Capital, and a voluntary pre-packaged Chapter 11 filing.

Wilmington Trust, National Association, as agent, and a group of
lenders agreed to provide Unitek with more than $50 million in
debtor-in-possession financing.  The DIP Agent is represented by
Jason J. Solomon, Esq., at Alston & Bird LLP, in Charlotte, North
Carolina.  Certain DIP Lenders are represented by Joshua A.
Sussberg, Esq., and Yongjin Im, Esq., at Kirkland & Ellis LLP, in
New York; and Steven N. Serajeddini, Esq., at Kirkland & Ellis
LLP, in Chicago, Illinois.  Certain of the DIP Lenders are also
represented by Richard A. Levy, Esq., and Matthew L. Warren, Esq.,
at Latham & Watkins LLP, in Chicago, Illinois.


UNITEK GLOBAL: Court Issues Joint Administration Order
------------------------------------------------------
Judge Peter J. Walsh of the U.S. Bankruptcy Court for the District
of Delaware issued an order directing joint administration of the
Chapter 11 cases of Unitek Global Services Inc. and its debtor
affiliates under Case No. 14-12471 (PJW).

                  About UniTek Global Services

UniTek Global Services, Inc., based in Blue Bell, Pennsylvania,
provides fulfillment and infrastructure services to media and
telecommunication companies in the United States and Canada.

On Nov. 3, 2014 UniTek Global and nine subsidiary companies filed
petitions in the United States Bankruptcy Court for the District
of Delaware seeking relief under chapter 11 of the United States
Bankruptcy Code.  The Debtors' cases have been assigned to Judge
Judge Peter J. Walsh. The Debtors are seeking to have their cases
jointly administered for procedural purposes, with pleadings to be
maintained on the case docket for UniTek Global Services, Inc.,
Case No. 14-12471.

The Debtors have tapped Morgan, Lewis & Bockius LLP as counsel;
Young, Conaway, Stargatt & Taylor, LLP, as co-counsel; Miller
Buckfire & Co. LLC, as financial advisor; Protiviti Inc., and Epiq
Bankruptcy Solutions, LLC, as claims and noticing agent.

As of Sept. 30, 2014, the Debtors have 2,500 employees,
substantially all of whom are full-time.

UniTek Global reported a net loss of $52.07 million on $471.93
million of revenues for the year ended Dec. 31, 2013, as compared
with a net loss of $77.73 million on $437.59 million of revenues
in 2012.

The Company's balance sheet at March 29, 2014, showed $250 million
in total assets against $257 million in total liabilities.

A Dec. 12 hearing is scheduled to consider confirmation of the
Debtors' prepackaged plan and the adequacy of the disclosure
statement explaining the Plan.  The Plan is premised upon a plan
support agreement entered into among Unitek Global and (i) its
U.S. subsidiaries, including DirectSAT USA, Inc.; (ii) Apollo
Investment Corporation, as agent for the lenders under the ABL
Credit Agreement; (iii) certain lenders under the ABL Credit
Agreement; (iv) certain lenders under the Term Loan Credit
Agreement; and (v) DIRECTV, LLC.  Under the PSA, Unitek agreed to
the terms of a restructuring of its more than $90 million debt
with its lenders, including affiliates of Littlejohn & Co. and New
Mountain Capital, and a voluntary pre-packaged Chapter 11 filing.

Wilmington Trust, National Association, as agent, and a group of
lenders agreed to provide Unitek with more than $50 million in
debtor-in-possession financing.  The DIP Agent is represented by
Jason J. Solomon, Esq., at Alston & Bird LLP, in Charlotte, North
Carolina.  Certain DIP Lenders are represented by Joshua A.
Sussberg, Esq., and Yongjin Im, Esq., at Kirkland & Ellis LLP, in
New York; and Steven N. Serajeddini, Esq., at Kirkland & Ellis
LLP, in Chicago, Illinois.  Certain of the DIP Lenders are also
represented by Richard A. Levy, Esq., and Matthew L. Warren, Esq.,
at Latham & Watkins LLP, in Chicago, Illinois.


U.S. COAL: Licking River Unit Has $105MM Assets, $53MM Debts
------------------------------------------------------------
Licking River Resources, Inc., S.M. & J., Inc., and Licking River
Mining, LLC, (collectively "the Licking River Division"), filed
with the U.S. Bankruptcy Court for the Eastern District of
Kentucky, Ashland Division, its monthly operating reports from
June to September 2014.  The court papers show that as of
Sept. 30, 2014, the Licking River Division's assets totaled
$105,595,048, while its liabilities totaled $53,718,236.

Full-text copies of the Licking River Division's Operating Reports
are available at http://bankrupt.com/misc/USCOALmor1105.pdf

                About U.S. Coal and Licking River

On May 22, 2014, an involuntary Chapter 11 petition was filed
against Licking River Mining, LLC, before the United States
Bankruptcy Court for the Eastern District of Kentucky.  On May 23,
2014, an involuntary Chapter 11 petition was filed against Licking
River Resources, Inc. and Fox Knob Coal., Inc.  On June 3, 2014,
an involuntary Chapter 11 petition was filed against S.M. & J.,
Inc. On June 4, 2014, an involuntary Chapter 11 petition was filed
against J.A.D. Coal Company, Inc.  On June 12, 2014, the Court
entered an order for relief in each of the bankruptcy cases.

On June 10, 2014, an involuntary Chapter 11 petition was filed
against U.S. Coal Corporation.  On June 27, 2014, the Court
entered an order for relief in U.S. Coal's bankruptcy case.

On Nov. 4, 2014, Harlan County Mining, LLC, Oak Hill Coal, Inc.,
Sandlick Coal Company, LLC, and U.S. Coal Marketing, LLC, filed
petitions in the United States Bankruptcy Court for the Eastern
District of Kentucky seeking relief under chapter 11 of the United
States Bankruptcy Code.  The Debtors' cases have been assigned to
Chief Judge Tracey N. Wise.  The Debtors are seeking to have their
cases jointly administered for procedural purposes, meaning that
upon entry of such an order all pleadings will be maintained on
the case docket for Licking River Mining, LLC, Case No. 14-10201.

U.S. Coal produces and sells thermal coal purchased primarily by
utilities and trading companies and specialty coal purchased by
various industrial customers and trading companies (known as
"stoker" coal).   U.S. Coal operates through two divisions: (1)
the Licking River Division that was formed through the acquisition
of LR Mining, LRR, and S.M. & J., and Oak Hill Coal, Inc. in
January 2007 for $33 million., and (2) the J.A.D. Division that
was formed through the acquisition of JAD and Fox Knob, and
Sandlick Coal Company, LLC and Harlan County Mining, LLC in April
2008 for $41 million.  Both the LRR Division and the JAD Division
are located in the Central Appalachia region of eastern Kentucky.
The LRR Division has approximately 26.3 million tons of surface
reserves under lease.  The JAD Division has 24.4 million tons of
surface reserves, both leased and owned real property.  At
present, U.S. Coal has three surface mines in operation between
the LRR Division and JAD Division.

The Official Committee of Unsecured Creditors has tapped Barber
Law PLLC and Foley & Lardner as attorneys.


U.S. COAL: Stay Lifted for AIG to Pay Law Firm's Fees
-----------------------------------------------------
Judge Tracey N. Wise of the U.S. Bankruptcy Court for the Eastern
District of Kentucky, Ashland Division, sustained the motion filed
by Stites & Harbison PLLC and lifted the automatic stay to allow
AIG Insurance Company to pay to Stites the amount of $19,885 in
fees and costs pursuant to an insurance policy claim.

AIG is an insurer of Debtor Fox Knob Coal Company, Inc., pursuant
to an Employee Practices Liability Policy, Claim No. 550-0986666,
for fees and costs related to services rendered by Stites in
defense of Fox Knob in Harlan Circuit Court Civil Action No. 12-
CI-500, Brandon Howard v. Fox Knob Coal Company, Inc., held in
abeyance as a result of the jointly administered bankruptcy.

                About U.S. Coal and Licking River

On May 22, 2014, an involuntary Chapter 11 petition was filed
against Licking River Mining, LLC, before the United States
Bankruptcy Court for the Eastern District of Kentucky.  On May 23,
2014, an involuntary Chapter 11 petition was filed against Licking
River Resources, Inc. and Fox Knob Coal., Inc.  On June 3, 2014,
an involuntary Chapter 11 petition was filed against S.M. & J.,
Inc. On June 4, 2014, an involuntary Chapter 11 petition was filed
against J.A.D. Coal Company, Inc.  On June 12, 2014, the Court
entered an order for relief in each of the bankruptcy cases.

On June 10, 2014, an involuntary Chapter 11 petition was filed
against U.S. Coal Corporation.  On June 27, 2014, the Court
entered an order for relief in U.S. Coal's bankruptcy case.

On Nov. 4, 2014, Harlan County Mining, LLC, Oak Hill Coal, Inc.,
Sandlick Coal Company, LLC, and U.S. Coal Marketing, LLC, filed
petitions in the United States Bankruptcy Court for the Eastern
District of Kentucky seeking relief under chapter 11 of the United
States Bankruptcy Code.  The Debtors' cases have been assigned to
Chief Judge Tracey N. Wise.  The Debtors are seeking to have their
cases jointly administered for procedural purposes, meaning that
upon entry of such an order all pleadings will be maintained on
the case docket for Licking River Mining, LLC, Case No. 14-10201.

U.S. Coal produces and sells thermal coal purchased primarily by
utilities and trading companies and specialty coal purchased by
various industrial customers and trading companies (known as
"stoker" coal).   U.S. Coal operates through two divisions: (1)
the Licking River Division that was formed through the acquisition
of LR Mining, LRR, and S.M. & J., and Oak Hill Coal, Inc. in
January 2007 for $33 million., and (2) the J.A.D. Division that
was formed through the acquisition of JAD and Fox Knob, and
Sandlick Coal Company, LLC and Harlan County Mining, LLC in April
2008 for $41 million.  Both the LRR Division and the JAD Division
are located in the Central Appalachia region of eastern Kentucky.
The LRR Division has approximately 26.3 million tons of surface
reserves under lease.  The JAD Division has 24.4 million tons of
surface reserves, both leased and owned real property.  At
present, U.S. Coal has three surface mines in operation between
the LRR Division and JAD Division.

The Official Committee of Unsecured Creditors has tapped Barber
Law PLLC and Foley & Lardner as attorneys.


VARIANT HOLDING: Needs Until April 2015 to File Plan
----------------------------------------------------
Variant Holding Company, LLC, asks the U.S. Bankruptcy Court for
the District of Delaware to further extend until April 27, 2015,
its exclusive period to file a plan and until June 26, 2015, its
exclusive period to solicit acceptances of that plan.

According to the Debtor, it requires additional time to propose a
plan because any plan in its Chapter 11 case will be based on
value to be derived from the Debtor's subsidiary assets.  The
Debtor says it is currently in the process of marketing its assets
for sale.  Once value is realized from the Debtor's subsidiaries,
the Debtor says it will be in a position to propose a plan.

A hearing on the extension request is scheduled for Dec. 11, 2014,
at 1:30 p.m. (ET).  Objections are due Nov. 26.

                      About Variant Holding

Variant Holding Company, LLC, commenced bankruptcy proceedings
under Chapter 11 of the U.S. Bankruptcy Code in Delaware (Case No.
14-12021) on Aug. 28, 2014, without stating a reason.

Tucson, Arizona-based Variant Holding estimated $100 million to
$500 million in assets and less than $100 million in debt.

The Debtor has tapped Peter J. Keane, Esq., at Pachulski Stang
Ziehl & Jones LLP, as counsel.

Members holding the majority of the interests in the company,
namely Conix WH Holdings, LLC, Conix Inc., Numeric Holding
Company, LLC, Walkers Dream Trust, and Variant Royalty Group, LP,
signed the resolution authorizing the bankruptcy filing.


WEST CORP: Reports $16.1 Million Net Income for Third Quarter
-------------------------------------------------------------
West Corporation filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
of $16.11 million on $713.20 million of revenue for the three
months ended Sept. 30, 2014, compared to net income of $46.14
million on $665.36 million of revenue for the three months ended
Sept. 30, 2013.

For the nine months ended Sept. 30, 2014, the Company reported net
income of $110.14 million on $2.08 billion of revenue compared to
net income of $92.87 million on $1.99 billion of revenue for the
same period a year ago.

As of Sept. 30, 2014, the Company had $3.92 billion in total
assets, $4.61 billion in total liabilities and a $684.91 million
in total stockholders' deficit.

"Our failure to comply with these debt covenants may result in an
event of default which, if not cured or waived, could accelerate
the maturity of our indebtedness.  If our indebtedness is
accelerated, we may not have sufficient cash resources to satisfy
our debt obligations and we may not be able to continue our
operations as planned.  If our cash flows and capital resources
are insufficient to fund our debt service obligations and keep us
in compliance with the covenants under our Amended Credit
Agreement or to fund our other liquidity needs, we may be forced
to reduce or delay capital expenditures, sell assets or
operations, seek additional capital or restructure or refinance
our indebtedness including the notes.  We cannot ensure that we
would be able to take any of these actions, that these actions
would be successful and would permit us to meet our scheduled debt
service obligations or that these actions would be permitted under
the terms of our existing or future debt agreements, including our
Senior Secured Credit Facilities and the indentures that govern
the notes.  The Amended Credit Agreement and the indentures that
govern the notes restrict our ability to dispose of assets and use
the proceeds from the disposition.  As a result, we may not be
able to consummate those dispositions or use the proceeds to meet
our debt service or other obligations, and any proceeds that are
available may not be adequate to meet any debt service or other
obligations then due.

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

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

   * the lenders under our Senior Secured Credit Facilities could
     terminate their commitments to lend us money and foreclose
     against the assets securing our borrowings; and

   * we could be forced into bankruptcy or liquidation," the
     Company stated in the Report.

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

                        http://is.gd/8siLGo

                       About West Corporation

West Corporation is a global provider of communication and network
infrastructure solutions.  West helps manage or support essential
enterprise communications with services that include conferencing
and collaboration, public safety services, IP communications,
interactive services such as automated notifications, large-scale
agent services and telecom services.

West Corp posted net income of $143.20 million in 2013 as
compared with net income of $125.54 million in 2012.

                          *     *     *

As reported by the TCR on June 21, 2013, Standard & Poor's Ratings
Services raised its corporate credit rating on Omaha, Neb.-based
business process outsourcer West Corp. to 'BB-' from 'B+'.  The
upgrade reflects Standard & Poor's view that lower debt leverage
and a less aggressive financial policy will strengthen the
company's financial profile.

In the April 4, 2013, edition of the TCR, Moody's Investor Service
upgraded West Corporation's Corporate Family Rating to B1 from B2.
"The CFR upgrade to B1 reflects West's shift to a more
conservative capital structure and financial policies as a
publicly owned company," stated Moody's analyst Suzanne Wingo.


WHITE WAY SIGN: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: White Way Sign & Maintenance Co.
        451 Kingston Court
        Mt. Prospect, IL 60056

Case No.: 14-40855

Chapter 11 Petition Date: November 12, 2014

Court: United States Bankruptcy Court
       Northern District of Illinois (Chicago)

Judge: Hon. Donald R Cassling

Debtor's Counsel: James E. Morgan, Esq.
                  HOWARD & HOWARD ATTORNEYS PLLC
                  200 S. Michigan Avenue, Suite 1100
                  Chicago, IL 60604
                  Tel: 3124563414
                  Fax: 3129395617
                  Email: jem@h2law.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Robert B. Flannery, Jr., president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/ilnb14-40855.pdf


ZOGENIX INC: Incurs $12.8 Million Net Loss in Third Quarter
-----------------------------------------------------------
Zogenix, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $12.82 million on $8.79 million of total revenue for the three
months ended Sept. 30, 2014, compared to a net loss of $10.85
million on $7.16 million of total revenue for the same period in
2013.

For the nine months ended Sept. 30, 2014, the Company reported net
income of $29.11 million on $25.63 million of total revenue
compared to a net loss of $45.24 million on $23.09 million of
total revenue for the same period last year.

As of Sept. 30, 2014, the Company had $107.02 million in total
assets, $49.49 million in total liabilities and $57.53 million in
total stockholders' equity.

Roger Hawley, chief executive officer of Zogenix, stated, "During
the third quarter we continued to execute on our strategy for
Zohydro ER, and remain on track for potential approval in the
first quarter of 2015 for a formulation of Zohydro ER with
potential abuse deterrent properties.  We further strengthened our
long-term position with the recent waiver exchange with Purdue,
which reduces risk and provides greater clarity on the regulatory
pathway for our abuse deterrent extended-release hydrocodone
product candidates."

Mr. Hawley added, "In late October, we completed the
transformative acquisition of Brabant Pharma.  BrabafenTM has
already received orphan drug status in both the U.S. and Europe.
Our research and development team has begun planning for the Phase
3 program, which will begin in the second quarter of 2015, to help
bring this important new treatment option to Dravet syndrome
patients.  In addition, the Relday multi-dose clinical and safety
study for schizophrenia is on track to begin in January,
progressing further our CNS pipeline."

Cash and cash equivalents as of Sept. 30, 2014 were $50.5 million.
Additionally, restricted cash was $8.5 million as of Sept. 30,
2014, consisting of the portion of proceeds from the sale of the
SUMAVEL DosePro business to Endo required to be held in escrow
until May 2015.

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

                       http://is.gd/98xH5Y

Zogenix separately filed with the SEC a For S-3 registration
statement relating to the sale of up to $100 million in the
aggregate of common stock, preferred stock, debt securities,
warrants and units.  The Company's common stock is listed on The
Nasdaq Global Market under the symbol "ZGNX."  On Nov. 4, 2014,
the last reported sale price of the Company's common stock on The
Nasdaq Global Market was $1.40 per share.   A copy of the
prospectus is available for free at http://is.gd/hjRZOD

                        About Zogenix Inc.

Zogenix, Inc. (NASDAQ: ZGNX), with offices in San Diego and
Emeryville, California, is a pharmaceutical company
commercializing and developing products for the treatment of
central nervous system disorders and pain.

Zogenix reported a net loss of $80.85 million in 2013, as compared
with a net loss of $47.38 million in 2012.

Ernst & Young LLP, in San Diego, California, issued a "going
concern" qualification on the consolidated financial statements
for the year ended Dec. 31, 2013.  The independent auditors noted
that the Company's recurring losses from operations and lack of
sufficient working capital raise substantial doubt about its
ability to continue as a going concern.


ZUERCHER TRUST: Trustee Can Sell 2400-2424 Bayshore Property
------------------------------------------------------------
U.S. Bankruptcy Judge Hannah L. Blumensteil has authorized Peter
S. Kravitz, Chapter 11 Trustee for the bankruptcy case of The
Zuercher Trust of 1999, to auction of certain real property asset
of the Debtor's estate located at 2400-2424 Bayshore Boulevard,
San Francisco, CA 94134.

The Chapter 11 Trustee entered into a sale agreement with Rasmi
Zeidan is subject to overbid at auction.  Under that agreement,
the Bayshore Property will be sold to Mr. Zeidan for $3.05
million.  Mr. Zeidan has tendered $105,000 to the Chapter 11
Trustee.  If a party other than Mr. Zeidan is determined to be the
successful bidder of the Bayshore Property, then the Chapter 11
Trustee will refund the $105,000 to Mr. Zeidan.

The Trustee is authorized to pay from escrow the claim of Sequoia
Mortgage Capital, subject to the Trustee's verification of the
amount due and owed, and pay any customary and reasonable closing
costs, broker's fees or other costs associated with the Sale of
the Bayshore Property.

              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., at Kass & Kass Law Offices.

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.


* Increase in Foreign Bond Debt to Up Foreign Co. Bankr. Filings
----------------------------------------------------------------
A study co-authored by Stephen J. Lubben, a Seton Hall Law School
professor and frequent contributor to The New York Times' DealBook
blog, suggests that the dramatic increase in bond debt issued by
foreign corporations, particularly in Europe, will lead to a
commensurate surge in U.S. bankruptcy filings by foreign issuers
looking to restructure debt held by investors around the world,
Cooley LLP reports posted on Jdsupra.com.

According to Cooley, Mr. Lubben's study reveals that the vast
majority of the 316 foreign-debtor cases reviewed were filed by
debtors that were either part of a multinational corporate group
or that owned movable assets (such as container ships).


* BOOK REVIEW: Landmarks in Medicine - Laity Lectures
               of the New York Academy of Medicine
-----------------------------------------------------
Introduction by James Alexander Miller, M.D.
Publisher:  Beard Books
Softcover: 355 pages
List Price: $34.95
Review by Henry Berry

Order your own personal copy today at http://bit.ly/1sTKOm6

As the subtitle points out, the seven lectures reproduced in this
collection are meant especially for general readers with an
interest in medicine, including its history and the cultural
context it works within. James Miller, president of the New York
Academy of Medicine which sponsored the lectures, states in his
brief "Introduction" that this leading medical organization "has
long recognized as an obligation the interpretation of the
progress of medical knowledge to the public." The lectures
collected here succeed admirably in fulfilling this obligation.

The authors are all doctors, most specialists in different areas
of medicine. Lewis Gregory Cole, whose lecture is "X-ray Within
the Memory of Man," is a consulting roentgenologist at New York's
Fifth Avenue Hospital. Harrison Stanford Martland is a professor
of forensic medicine at New York University College of Medicine.
Many readers will undoubtedly find his lecture titled "Dr. Watson
and Mr. Sherlock Holmes" the most engrossing one. Other doctor-
authors are more involved in academic areas of medicine and
teaching. Reginald Burbank is the chairman of the Section of
Historical and Cultural Medicine at the New York Academy of
Medicine. He lectured on "Medicine and the Progress of
Civilization." Raymond Pearl, whose selection is "The Search for
Longevity," is a professor of biology at Johns Hopkins University.

The authors' high professional standing and involvement in
specialized areas do not get in the way of their aim to speak to a
general audience. They are all skilled writers and effective
communicators. As the titles of some of the lectures noted in the
previous paragraph indicate, the seven selections of "Landmarks in
Medicine" focus on the human-interest side of medicine rather than
the scientific or technological. Even the two with titles which
seem to suggest concern with technical aspects of medicine show
when read to take up the human-interest nature of these topics.
"The Meaning of Medical Research", by Dr. Alfred E. Cohn of the
Rockefeller Institute for Medical Research, is not so much about
methods, techniques, and equipment of medical research, but is
mostly about the interinvolvement of medical research, the
perennial concern of individuals with keeping and recovering good
health, and social concerns and pressures of the day. "The meaning
of medical research must regard these various social and personal
aspects," Cohn writes. In this essay, the doctor does answer the
questions of what is studied in medical research and how it is
studied. And he answers the related question of who does the
research. But his discussion of these questions leads to the final
and most significant question "for what reason does the study take
place?" His answer is "to understand the mechanisms at play and to
be concerned with their alleviation and cure." By "mechanisms,"
Cohn means the natural--i. e., biological--causes of disease and
illness. The lay person may take it for granted that medical
research is always principally concerned with finding cures for
medical problems. But as Cohn goes into in part of his lecture,
competition for government grants or professional or public
notoriety, the lure of novel experimentation, or research mainly
to justify a university or government agency can, and often do,
distract medical researchers and their associates from what Cohn
specifies should be the constant purpose of medical research. Such
purpose gives medicine meaning to humankind.

The second lecture with a title sounding as if it might be about a
technical feature of medicine, "X-ray Within the Memory of Man,"
is a historical perspective on the beginnings of the use of x-ray
in medicine. Its author Lewis Cole was a pioneer in the
development of x-rays in the late 1800s and early1900s. He mostly
talks about the development of x-ray within his memory. In doing
so, he also covers the work of other pioneers, notably William
Konrad Roentgen and Thomas Edison. Roentgen was a "pure scientist"
who discovered x-rays almost by accident and at first resented the
application of his discovery to practical uses such as medical
diagnosis. Edison, the prodigious inventor who was interested only
in the practical application of scientific discoveries, and his
co-worker Clarence Dally enthusiastically investigated the
practical possibilities of the discoveries in the new field of
radiation. Dally became so committed to his work in this field
that he shortly developed an illness and died. At the time, no on
knew about the dangers of prolonged exposure to x-rays. But
sensing some connection between his co-worker's untimely death and
his work with x-rays, Edison stopped his own investigations.

Cole himself became involved in work with x-rays during his
internship at Roosevelt Hospital in New York City in 1898 and
1899. His contribution to this important field was in the area of
interpretation of what were at the time primitive x-rays and
diagnosis of ailments such as tuberculosis and kidney stones. Cole
writes in such a way that the reader feels she or he is right with
him in the steps he makes in improving the use of x-rays. He adds
drama and human interest to the origins of this important medical
technology. The lecture "Dr. Watson and Mr. Sherlock Holmes" uses
the popular mystery stories of Arthur Conan Doyle to explore the
role of medicine in solving crimes, particularly murder. In some
cases, medical tests are required to figure out if a crime was
even committed. This lecture in particular demonstrates the
fundamental role played by medicine in nearly all major areas of
society throughout history. The seven collected lectures have
broad appeal. All of them are informative and educational in an
engaging way. Each is on an always interesting topic taken up by a
professional in the field of medicine obviously skilled in
communicating to the general reader. The authors seem almost mind
readers in picking out the most fascinating aspects of their
subjects which will appeal to the lay readers who are their
intended audience. While meant mainly for lay persons, the
lectures will appeal as well to doctors, nurses, and other
professionals in the field of medicine for putting their work in a
broader social context and bringing more clearly to mind the
interests, as well as the stake, of the public in medicine.


* 21st Annual Distressed Investing Conference Program & Faculty
---------------------------------------------------------------
WASHINGTON, Nov. 13, 2014 /PRNewswire/ -- Beard Group, Inc., is
hosting the 21st Annual Distressed Investing Conference on Mon.,
Dec. 1, 2014, at The Helmsley Park Lane Hotel located at 36
Central Park South in Manhattan.

"We're honored to bring together an array of corporate
restructuring professionals, lenders, and debt and equity
investors in high-profile chapter 11 bankruptcy proceedings and
out-of-court restructurings who place their resources and
reputations at risk to produce stellar results by preserving jobs,
rebuilding broken businesses, and efficiently redeploying
underutilized assets in the marketplace," says Peter A. Chapman,
Beard Group's CEO.

This year's conference panels and faculty members are:

8:00 a.m. -- Co-Chairs' Opening Remarks -- Hugh M. Ray, Esq.,
Principal, McKOOL SMITH and Van E. Conway, Chief Executive
Officer, CONWAY MacKENZIE, INC.

8:10 a.m. -- Year in Review & New Business Opportunities -- Steven
L. Gidumal, Managing Partner, VIRTUS CAPITAL, LP

8:40 a.m. -- Municipal Debt Restructuring -- Glenn M. Kushiner,
Managing Director, CONWAY MacKENZIE, INC.; John W. Hill, Chief
Financial Officer, CITY OF DETROIT; James Doak, Managing Director,
MILLER BUCKFIRE; Jamie Baird, Managing Director, THE BLACKSTONE
GROUP, L.P.; and William A. Brandt, Jr., President & CEO,
DEVELOPMENT SPECIALISTS, INC., and Chair, Illinois Finance
Authority.

9:25 a.m. -- Funding into a Cash Burn -- Gregory A. Charleston,
Senior Managing Director, CONWAY MacKENZIE, INC.; John Rosin,
Managing Director - National Originations Manager, MIDCAP
FINANCIAL LLC; Jeffrey S. Kolke, Managing Director, MONROE CAPITAL
LLC; and Gerard Hanabergh, Senior Executive Vice President & Chief
Credit Officer, FIRST CAPITAL

10:25 a.m. -- When the 546(e) Safe Harbor Isn't Safe -- Stephanie
Wickouski, Esq., Partner, BRYAN CAVE LLP; Colin M. Adams,
Executive Director, Morgan Stanley & Co.; Sharon L. Levine, Esq.,
Partner, LOWENSTEIN SANDLER LLP; Todd R. Snyder, Executive Vice
Chairman of North American GFA and Co-Chair of the North American
Debt Advisory and Restructuring Group, ROTHSCHILD INC.; and
Christopher K. Kiplok, Partner, HUGHES HUBBARD & REED LLP

11:05 a.m. -- Investing in Highly Regulated Businesses -- Joseph
H. Smolinsky, Partner, WEIL, GOTSHAL & MANGES LLP; George Mack,
Managing Director, BARCLAYS CAPITAL; Alexander Tracy, Managing
Director, MILLER BUCKFIRE & CO., LLC; and Brian S. Rosen, Esq.,
Partner, WEIL, GOTSHAL & MANGES LLP

11:45 a.m. -- The Harvey R. Miller Awards Luncheon sponsored by
EPIQ SYSTEMS, INC., presenting the Harvey R. Miller Outstanding
Achievement Award for Service to the Restructuring Industry to
James E. Millstein at Millstein & Co.

1:30 p.m. -- Fannie Mae & Freddie Mac Conservatorship Proceedings
-- Matthew D. McGill, Esq., GIBSON DUNN; Bill Maloni, former
Fannie Mae lobbyist; James E. Millstein, Founder and Chief
Executive Officer, MILLSTEIN & CO.; and Kent Collier, REORG
RESEARCH INC.

2:10 p.m. -- Make-Whole Premiums -- Peter S. Goodman, Esq.,
Principal, McKOOL SMITH; Brent Williams, Managing Director, TENEO
CAPITAL; Philip C. Dublin, Esq., Partner, AKIN GUMP STRAUSS HAUER
& FELD LLP; and Robert T. Schmidt, Esq., Partner, KRAMER LEVIN
NAFTALIS & FRANKEL LLP

3:05 p.m. -- Trends & Novel Strategies -- Harold L. Kaplan, Esq.,
Partner, FOLEY & LARDNER LLP; Lorenzo Mendizabal, Esq., Managing
Director, EPIQ SYSTEMS; David S. Kurtz, Managing Director, LAZARD;
and Evan R. Fleck, Esq., Partner, MILBANK, TWEED, HADLEY & McCLOY
LLP

3:45 p.m. -- Ethics Hour -- Jack Butler, Executive Vice President,
HILCO GLOBAL and Edward ("Ted") Gavin, Managing Director,
GAVIN/SOLMONESE LLC

4:45 p.m. -- Investors' Roundtable -- Steven L. Gidumal, Managing
Partner, VIRTUS CAPITAL, LP; Leon Frenkel, General Partner, TRIAGE
CAPITAL MANAGEMENT; Ken Grossman, Managing Partner, JURIS ADVISORS
LLC; Gary E. Hindes, Managing Director, THE DELAWARE BAY COMPANY
LLC; and Dave Miller, Portfolio Manager, Elliott Management Corp.

5:30 p.m. -- Reception (for all delegates, speakers and honorees)
hosted by WEIL, GOTSHAL & MANGES LLP honoring the 2014 Turnarounds
& Workouts Outstanding Young Restructuring Lawyers:

-- Scott L. Alberino at Akin Gump Strauss Hauer & Feld
-- Luke A. Barefoot at Cleary Gottlieb Steen & Hamilton
-- Joshua Brody at Kramer Levin Naftalis & Frankel
-- Jason G. Cohen at Bracewell & Giuliani
-- Garrett Fail at Weil, Gotshal & Manges
-- Jill Frizzley at Shearman & Sterling
-- Jayme T. Goldstein at Stroock & Stroock & Lavan
-- Brian D. Glueckstein at Sullivan & Cromwell
-- James J. Mazza, Jr., at Skadden, Arps, Slate, Meagher & Flom
-- Dan B. Prieto at Jones Day
-- Dustin P. Smith at Hughes Hubbard & Reed
-- Joshua A. Sussberg at Kirkland & Ellis

This year's conference sponsors are:

-- Bryan Cave LLP
-- Conway MacKenzie, Inc.
-- Development Specialists, Inc.
-- Epiq Systems, Inc.
-- Foley & Lardner
-- Gavin/Solmonese LLC
-- Hughes Hubbard & Reed LLP
-- McKool Smith
-- Milbank Tweed Hadley & McCloy
-- Teneo Capital
-- Weil, Gotshal & Manges LLP

Visit http:/bankrupt.com/DI2014/ for registration details and
additional information about each panel discussion.  Beard Group's
annual Distressed Investing conference is the oldest and most
established New York restructuring conference.

Beard Group, Inc., publishes Turnarounds & Workouts, Troubled
Company Reporter, and Troubled Company Prospector.  Visit
http://bankrupt.com/freetrial/for a free trial subscription to
one or more of Beard Group's corporate restructuring publications.

SOURCE Beard Group, Inc.



                             *********

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, Psyche A. Castillon, 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 202-362-8552.


                  *** End of Transmission ***