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/raid1/www/Hosts/bankrupt/TCR_Public/150403.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, April 3, 2015, Vol. 19, No. 93 Headlines COLONY LIQUORS: Case Summary & 16 Largest Unsecured Creditors HALO RESORTS: Case Summary & 20 Largest Unsecured Creditors HEALTHY BACK STORE: Case Summary & 20 Top Unsecured Creditors LEBCO GRAPHICS: Case Summary & 5 Largest Unsecured Creditors NAVARRO ORTHODONTIX: Case Summary & Largest Unsecured Creditors RESPONSE 1 MEDICAL: Case Summary & 16 Largest Unsecured Creditors SALUBRIOUS PHARMACEUTICAL: Case Summary & 6 Top Unsec. Creditors TBONES MANAGEMENT: Case Summary & 20 Largest Unsecured Creditors VIPER VENTURES: Case Summary & 15 Largest Unsecured Creditors YUBA CROSSINGS: Voluntary Chapter 11 Case Summary [^] BOOK REVIEW: Oil Business in Latin America: The Early Years ********* COLONY LIQUORS: Case Summary & 16 Largest Unsecured Creditors ------------------------------------------------------------- Debtor: Colony Liquors Incorporated 3259 Solomons Island Road, Suite A Edgewater, MD 21037 Case No.: 15-14671 Chapter 11 Petition Date: April 1, 2015 Court: United States Bankruptcy Court District of Maryland (Baltimore) Judge: Hon. James F. Schneider Debtor's Counsel: Richard H. Gins, Esq. THE LAW OFFICE OF RICHARD H. GINS, LLC 4710 Bethesda Avenue, Suite 204 Bethesda, MD 20814 Tel: 301-718-1078 Email: richard@ginslaw.com Estimated Assets: $0 to $50,000 Estimated Liabilities: $1 million to $10 million The petition was signed by Patricia Holland, authorized individual. A list of the Debtor's 16 largest unsecured creditors is available for free at http://bankrupt.com/misc/mdb15-14671.pdf HALO RESORTS: Case Summary & 20 Largest Unsecured Creditors ----------------------------------------------------------- Debtor: Halo Resorts, Inc. 17150 Euclid Street, Suite 200 Fountain Valley, CA 92708 Case No.: 15-11669 Chapter 11 Petition Date: April 1, 2015 Court: United States Bankruptcy Court Central District of California (Santa Ana) Judge: Hon. Erithe A. Smith Debtor's Counsel: Melissa Davis Lowe, Esq. SHULMAN HODGES & BASTIAN LLP 100 Spectrum Ctr Dr Ste 600 Irvine, CA 92618 Tel: 949-340-3400 Fax: 949-340-3000 Email: mdavis@shbllp.com Estimated Assets: $0 to $50,000 Estimated Liabilities: $1 million to $10 million The petition was signed by Surinder S. Dang, president. A list of the Debtor's 20 largest unsecured creditors is available for free at http://bankrupt.com/misc/cacb15-11669.pdf HEALTHY BACK STORE: Case Summary & 20 Top Unsecured Creditors ------------------------------------------------------------- Debtor: The Healthy Back Store, LLC 10300 Southard Drive Beltsville, MD 20705 Case No.: 15-14653 Chapter 11 Petition Date: April 1, 2015 Court: United States Bankruptcy Court District of Maryland (Greenbelt) Judge: Hon. Wendelin I. Lipp Debtor's Counsel: Michael J. Lichtenstein, Esq. SHULMAN ROGERS GANDAL PORDY & ECKER, PA 12505 Park Potomac Avenue, 6th Floor Potomac, MD 20854 Tel: 301-230-5231 Fax: 301-230-2891 Email: mjl@shulmanrogers.com Total Assets: $5.1 million Total Liabilities: $6.4 million The petition was signed by Anthony Mazlish, CEO. A list of the Debtor's 20 largest unsecured creditors is available for free at http://bankrupt.com/misc/mdb15-14653.pdf LEBCO GRAPHICS: Case Summary & 5 Largest Unsecured Creditors ------------------------------------------------------------ Debtor: LEBCO Graphics, Inc. 31400 IH 10 West Boerne, TX 78006 Case No.: 15-50775 Chapter 11 Petition Date: April 1, 2015 Court: United States Bankruptcy Court Western District of Texas (San Antonio) Judge: Hon. Craig A. Gargotta Debtor's Counsel: William R. Davis Jr., Esq. LANGLEY & BANACK, INC. 745 E Mulberry Ave, Suite 900 San Antonio, TX 78212 Tel: (210) 736-6600 Fax: (210) 735-6889 Email: wrdavis@langleybanack.com Total Assets: $1.7 million Total Liabilities: $2.7 million The petition was signed by Lanne E. Brehmer, president. A list of the Debtor's five largest unsecured creditors is available for free at http://bankrupt.com/misc/txwb15-50775.pdf NAVARRO ORTHODONTIX: Case Summary & Largest Unsecured Creditors --------------------------------------------------------------- Debtor affiliates filing separate Chapter 11 bankruptcy petitions: Debtor Case No. ------ -------- CAR & MAR Ortho PLLC 15-31367 dba Navarro Orthodontix 5901 Bellaire Blvd., Suite 105 Houston, TX 77081 MAN & CFN Ortho, PLLC 15-31368 dba Navarro Orthodontix 1024 E. Los Ebanos Brownsville, TX 78520 Navarro Orthodontix of Fort Worth, PLLC 15-31369 dba Navarro Orthodontix 911 N. MacArthur Blvd. Irving, TX 75061 Navarro Orthodontix of Irving, PC 15-31370 dba Navarro Orthodontix 911 N. MacArthur Blvd. Irving, TX 75061 Navarro Orthodontix of McAllen, PLLC 15-31371 2511 Cornerstone Blvd. Edinburg, TX 78539 Nature of Business: Health Care Chapter 11 Petition Date: April 1, 2015 Court: United States Bankruptcy Court Northern District of Texas (Dallas) Judge: Hon. Stacey G. Jernigan (15-31367, 15-31370 and 15-31371) Hon. Harlin DeWayne Hale (15-31368) Hon. Barbara J. Houser (15-31369) Debtors' Counsel: Joyce W. Lindauer, Esq. JOYCE W. LINDAUER ATTORNEY, PLLC 12720 Hillcrest Road Suite 625 Dallas, TX 75230 Tel: (972) 503-4033 Fax: (972) 503-4034 Email: joyce@joycelindauer.com Estimated Estimated Assets Liabilities ---------- ----------- CAR & MAR Ortho PLLC $0-$50K $10MM-$50MM MAN & CFN Ortho, PLLC $0-$50K $10MM-$50MM Navarro Orthodontix of Fort Worth $0-$50K $10MM-$50MM Navarro Orthodontix of Irving $0-$50K $10MM-$50MM Navarro Orthodontix of McAllen $0-$50K $10MM-$50MM The petitions were signed by Dr. Carlos F. Navarro, authorized representative. A list of CAR & MAR Ortho PLLC's 20 largest unsecured creditors is available for free at http://bankrupt.com/misc/txnb15-31367.pdf A list of MAN & CFN Ortho's 20 largest unsecured creditors is available for free at http://bankrupt.com/misc/txnb15-31368.pdf A list of Navarro Orthodontix of Fort Worth's 20 largest unsecured creditors is available for free at: http://bankrupt.com/misc/txnb15-31369.pdf A list of Navarro Orthodontix of Irving's 20 largest unsecured creditors is available for free at: http://bankrupt.com/misc/txnb15-31370.pdf A list of Navarro Orthodontix of McAllen's 20 largest unsecured creditors is available for free at: http://bankrupt.com/misc/txnb15-31371.pdf RESPONSE 1 MEDICAL: Case Summary & 16 Largest Unsecured Creditors ----------------------------------------------------------------- Debtor: Response 1 Medical Staffing, Inc. 1101 Investment Boulevard, Suite 140 El Dorado Hills, CA 95762 Case No.: 15-22618 Chapter 11 Petition Date: March 31, 2015 Court: United States Bankruptcy Court Eastern District of California (Sacramento) Judge: Hon. Christopher D. Jaime Debtor's Counsel: Stephen M. Reynolds, Esq. REYNOLDS LAW CORPORATION 424 2nd St #A Davis, CA 95616 Tel: (530) 297-5030 Total Assets: $97,190 Total Liabilities: $1.3 million The petition was signed by Tyler Covey, chief financial officer. A list of the Debtor's 16 largest unsecured creditors is available for free at http://bankrupt.com/misc/caeb15-22618.pdf SALUBRIOUS PHARMACEUTICAL: Case Summary & 6 Top Unsec. Creditors ---------------------------------------------------------------- Debtor: Salubrious Pharmaceutical LLC 5328 Lockhurst Dr Woodland Hills, CA 91367 Case No.: 15-11118 Chapter 11 Petition Date: April 1, 2015 Court: United States Bankruptcy Court Central District of California (San Fernando Valley) Judge: Hon. Victoria S. Kaufman Debtor's Counsel: Timothy Quick, Esq. LAW OFFICES OF TIMOTHY K QUICK 3502 Katella Ave Ste 207 Los Alamitos, CA 90720 Tel: 562-799-6020 Fax: 877-803-7252 Email: tkquick@gmail.com Total Assets: $1 million Total Debts: $1 million The petition was signed by George H. Nelson, manager/member. A list of the Debtor's six largest unsecured creditors is available for free at http://bankrupt.com/misc/cacb15-11118.pdf TBONES MANAGEMENT: Case Summary & 20 Largest Unsecured Creditors ---------------------------------------------------------------- Debtor: TBones Management LLC dba Magnuson Grand Hotel dba Guest House Hotel dba Grand Hotel 1255 S. Shiloh Drive Fayetteville, AR 72703 Case No.: 15-70878 Nature of Business: Hotel Industry Chapter 11 Petition Date: April 1, 2015 Court: United States Bankruptcy Court Western District of Arkansas (Fayetteville) Judge: Hon. Ben T Barry Debtor's Counsel: Bianca Rucker, Esq. WRIGHT LINDSEY & JENNINGS, LLP 3333 Pinnacle Hills Parkway, Suite 510 Rogers, AR 72758 Tel: 479-631-3279 Fax: 479-986-8932 Email: brucker@wlj.com Total Assets: $6.42 million Total Liabilities: $2.49 million The petition was signed by Jill Jacoway, receiver. A list of the Debtor's 20 largest unsecured creditors is available for free at http://bankrupt.com/misc/arwb15-70878.pdf VIPER VENTURES: Case Summary & 15 Largest Unsecured Creditors ------------------------------------------------------------- Debtor: Viper Ventures, LLC 3333 West Kennedy Blvd., Suite 206 Tampa, FL 33609 Case No.: 15-03404 Chapter 11 Petition Date: April 1, 2015 Court: United States Bankruptcy Court Middle District of Florida (Tampa) Judge: Hon. Catherine Peek McEwen Debtor's Counsel: Edward J. Peterson, III, Esq. STICHTER, RIEDEL, BLAIN & PROSSER, PA 110 East Madison Street, Suite 200 Tampa, FL 33602 Tel: (813) 229- 0144 Fax: (813) 229- 1811 Email: epeterson@srbp.com Estimated Assets: $10 million to $50 million Estimated Liabilities: $10 million to $50 million The petition was signed by Robert T. Curtis, manager. List of Debtor's 15 Largest Unsecured Creditors: Entity Nature of Claim Claim Amount ------ --------------- ------------ Trenam, Kemker, Scharf, Barkin, $11,484 Frye, O'Neil & Mullis, P.A. Stearns Weaver Miller Weissler $1,322 Alhadeff & Sitterson, P.A. Michael L. Abdoney Indemnity Undetermined Claim Stephen H. Bronstein Indemnity Undetermined Claim Lawrence J. Dickson Indemnity Undetermined Claim Dan W. Fields III Indemnity Undetermined Claim Guide Capital, Ltd. Indemnity Undetermined Claim Malcolm C. Harris Indemnity Undetermined Claim James K. Murray III Indemnity Undetermined Claim James K. Murray, Jr. Indemnity Undetermined Claim Michael S. Murray Indemnity Undetermined Claim Mark J. Rubio Indemnity Undetermined Claim Arthur R. Savage Indemnity Undetermined Claim David G. Shell Indemnity Undetermined Claim WRB Enterprises, Inc. Indemnity Undetermined Claim YUBA CROSSINGS: Voluntary Chapter 11 Case Summary ------------------------------------------------- Debtor: Yuba Crossings, LLC 1825 Del Paso Blvd Sacramento, CA 95815 Case No.: 15-22671 Nature of Business: Single Asset Real Estate Chapter 11 Petition Date: April 1, 2015 Court: United States Bankruptcy Court Eastern District of California (Sacramento) Judge: Hon. Christopher D. Jaime Debtor's Counsel: Rick Morin, Esq. LAW OFFICE OF RICK MORIN 331 J St #200 Sacramento, CA 95814 Tel: 916-333-2222 Email: legal@rickmorin.net Estimated Assets: $1 million to $10 million Estimated Liabilities: $500,000 to $1 million The petition was signed by Nicholas Allen Pecha, controller. The Debtor did not include a list of its largest unsecured creditors when it filed the petition. [^] BOOK REVIEW: Oil Business in Latin America: The Early Years --------------------------------------------------------------- Author: John D. Wirth Ed. Publisher: Beard Books Softcover: 282 pages List price: $34.95 Review by Gail Owens Hoelscher Buy a copy for yourself and one for a colleague on-line at http://is.gd/DvFouR This book grew out of a 1981 meeting of the American Historical Society. It highlights the origin and evolution of the state- owned petroleum companies in Argentina, Mexico, Brazil, and Venezuela. Argentina was the first country ever to nationalize its petroleum industry, and soon it was the norm worldwide, with the notable exception of the United States. John Wirth calls this phenomenon "perhaps in our century the oldest and most celebrated of confrontations between powerful private entities and the state." The book consists of five case studies and a conclusion, as follows: * Jersey Standard and the Politics of Latin American Oil Production, 1911-30 (Jonathan C. Brown) * YPF: The Formative Years of Latin America's Pioneer State Oil Company, 1922-39 (Carl E. Solberg) * Setting the Brazilian Agenda, 1936-39 (John Wirth) * Pemex: The Trajectory of National Oil Policy (Esperanza Duran) * The Politics of Energy in Venezuela (Edwin Lieuwen) * The State Companies: A Public Policy Perspective (Alfred H. Saulniers) The authors assess the conditions at the time they were writing, and relate them back to the critical formative years for each of the companies under review. They also examine the four interconnecting roles of a state-run oil industry and distinguish them from those of a private company. First, is the entrepreneurial role of control, management, and exploitation of a nation's oil resources. Second, is production for the private industrial sector at attractive prices. Third, is the integration of plans for military, financial, and development programs into the overall industrial policy planning process. Finally, in some countries is the promotion of social development by subsidizing energy for consumers and by promoting the government's ideas of social and labor policy and labor relations. The author's approach is "conceptual and policy oriented rather than narrative," but they provide a fascinating look at the politics and development of the region. Mr. Brown provides a concise history of the early years of the Standard Oil group and the effects of its 1911 dissolution on its Latin American operations, as well as power struggles with competitors and governments that eventually nationalized most of its activities. Mr. Solberg covers the many years of internal conflict over oil policy in Argentina and YPF's lack of monopoly control over all sectors of the oil industry. Mr. Wirth describes the politics and individuals behind the privatization of Brazil's oil industry leading to the creation of Petrobras in 1953. Mr. Duran notes the wrangling between provinces and central government in the evolution of Pemex, and in other Latin American countries. Mr. Lieuwin discusses the mixed blessing that oil has proven for Venezuela., creating a lopsided economy dependent on the ups and downs of international markets. Mr. Saunders concludes that many of the then-current problems of the state oil companies were rooted in their early and checkered histories." Indeed, he says, "the problems of the past have endured not because the public petroleum companies behaved like the public enterprises they are; they have endured because governments, as public owners, have abdicated their responsibilities to the companies." Jonh D. Wirth is Gildred Professor of Latin American Studies at Standford University. ********* 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. On Thursdays, the TCR delivers a list of recently filed Chapter 11 cases involving less than $1,000,000 in assets and liabilities delivered to nation's bankruptcy courts. The list includes links to freely downloadable images of these small-dollar petitions in Acrobat PDF format. Each Friday's edition of the TCR includes a review about a book of interest to troubled company professionals. All titles are available at your local bookstore or through Amazon.com. Go to http://www.bankrupt.com/books/to order any title today. Monthly Operating Reports are summarized in every Saturday edition of the TCR. The Sunday TCR delivers securitization rating news from the week then-ending. ********* 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 2015. 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 ***