TCR_Public/150423.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, April 23, 2015, Vol. 19, No. 113

                            Headlines

4028082 CANADA: Files for Bankruptcy; Creditor's Meeting April 30
ACCURIDE CORP: Moody's Affirms B3 CFR & Alters Outlook to Stable
ACOSTA INC: Loan Re-Pricing Has No Impact on Moody's B2 CFR
ALLIED NEVADA: Creditors' Panel Hires Arent Fox as Co-counsel
ALLIED NEVADA: Hires FTI Consulting as Operational Advisors

ALLIED NEVADA: Panel Taps Polsinelli as Conflicts Counsel
ALLIED NEVADA: Wants to Hire EKS&H LLLP as Auditor
ALPHA NATURAL: Wyoming Worried About Mine Clean Up
ANGLO IRISH: Liquidators Selling Boston's Mandarin Hotel
ARCHDIOCESE OF ST. PAUL: Judge Sets Deadline for Abuse Victims

ASSOCIATED WHOLESALERS: Wants Deadline to Remove Suits Extended
ATLANTIC CITY: Managers in Talks With Restructuring Lawyers
AVIV HEALTHCARE: Moody's Withdraws 'Ba3' Ratings
B&B ALEXANDRIA: Case Converted to Chapter 7
BPZ RESOURCES: Provides Update on Albacora A-22D Well Project

BRUSH CREEK: Judge Approves Buckhorn Ranch Settlement
BURLINGTON RECREATION: Voluntary Chapter 11 Case Summary
CACTUS WELLHEAD: Moody's Alters Outlook to Negative, Affirms B3 CFR
CAESARS ENTERTAINMENT: Court Sets May 26 as Claims Bar Date
CAESARS ENTERTAINMENT: Stops Discussions with Ad Hoc Bank Lenders

CAL DIVE: Gets Court Approval to Maintain Insurance Policies
CHASSIX HOLDINGS: Court Sets May 21 as Claims Bar Date
CLIFFORD WOERNER: Pro-Snax Attorney's-Fee Standard Overruled
CTLI LLC: Former Owner Must Surrender Social Media Accounts
DENDREON CORP: SEC Drops Formal Probe

DIOCESE OF SPOKANE: Reinstates Priest; Abuse Claims Rejected
DJO FINANCE: Moody's Affirms B3 Corp Family Rating
DOMARK INTERNATIONAL: Incurs $446,000 Net Loss in Third Quarter
EARL GAUDIO: Hires John Lane as Expert Witness
ENERGY FUTURE: Plan Includes Intercompany Settlement

ENERGY FUTURE: Targeting November Confirmation of Plan
EXIDE TECHNOLOGIES: Gets Court Approval to Close Vernon Facility
EXIDE TECHNOLOGIES: Koch Unit to Buy Emission Credits
EXIDE TECHNOLOGIES: Texas Regulators Fine Firm Nearly $2.5 Million
FREDERICK'S OF HOLLYWOOD: Proposes KCC as Claims Agent

FREDERICK'S OF HOLLYWOOD: Rejecting Leases for 47 Closed Stores
GLYECO INC: Chief Business Development Officer Resigns
GRAND CENTREVILLE: Hearing on Plan Outlines Continued to April 28
GT ADVANCED: DIP Solicitation Period Extended to May 1
HEALTHY BACK STORE: Files for Ch. 11; Auction on May 26

HORIZON PHARMA: Moody's Assigns 'B2' Corporate Family Rating
ICTS INTERNATIONAL: Delays 2014 Financial Statements
INTERNATIONAL WIRE: Moody's Says Note Offering is Credit Negative
INTRAWEST RESORTS: Moody's B2 CFR Unaffected by Loan Re-pricing
IRISH BANK: Liquidators to Sell Boston's Mandarin Hotel

LEHMAN BROTHERS: Delinquent Forms Hold Up Distributions
LEVI STRAUSS: Moody's Assigns Ba2 Rating on $475MM Sr. Global Notes
LOMAX HACKING: Case Summary & Largest Unsecured Creditors
LONG ISLAND BANANA: Owner Charged with Pension Looting
MAA-SHARDA INC: Bankruptcy Court Abstains From Hearing Suit

MF GLOBAL: Trustee's $480M General Creditor Payout Approved
MJS LAS CROABAS: Castellanos' Bid for Stay Pending Appeal Denied
MODERN METAL: Court Rules in Favor of Virtual Engineering
MOMENTIVE PERFORMANCE: Has $60-Mil. Net Loss in 2014
MOTORS LIQUIDATION: Court Decides on "Threshold Issues"

MUSCLEPHARM CORP: To Separate Role of Chairman and CEO
MUSKEGON REDEVELOPMENT: Case Summary & 6 Top Unsecured Creditors
NATIONAL AIR CARGO: Files Plan to Exit Bankruptcy
NEWSAT LIMITED: Chapter 15 Hearing Slated for May 18
NII HOLDINGS: Cout Denies Noteholders' Request for Mediation

NII HOLDINGS: Judge Sends Restructuring Plan to Creditors for Vote
NORTHERN BEEF: Hearing on Class Action Settlement Set for June 3
NW VALLEY: Gets Court's Nod to Hire Larson & Zirzow as Counsel
OPTIM ENERGY: Bankruptcy Judge Delays Ruling on Plan Disclosure
ORLANDO GATEWAY: Files for Ch. 11 to Stop Auction

PARADIGM EAST: Hires Kates Nussman as Tax Appeals Counsel
PEAVEY ELECTRONICS: May 19 to 20 Auction Set for Equipment
PETERSBURG REGENCY: Files for Chapter 11 with $34MM in Debt
PRECISION OPTICS: To Issue 1.5 Million Common Shares Under Plan
PREMIER GOLF: Court Approves Fitzmaurice & Demergian as Counsel

PRONERVE HOLDINGS: Files Schedules of Assets and Liabilities
PROSPECT PARK: Asks Court to Extend Deadline to Remove Suits
PUERTO RICO ELECTRIC: AlixPartners Casts Doubt on Bondholder Fix
PUTNAM ENERGY: Files Schedules of Assets and Liabilities
RACQUETBALL INVESTMENT: Voluntary Chapter 11 Case Summary

RADIOSHACK CORP: Quinn Emanuel Approved as Co-Counsel for Panel
RESIDENTIAL PROPERTY: Case Summary & 6 Top Unsecured Creditors
RIVERHOUNDS EVENT: District Court Won't Hear Lender Suit
SABINE OIL: Skips $15.3 Million Interest Payment
SAN JUAN RESORT: Proposes to Sell Assets to Paulson PRV Affiliate

SCOTTSDALE VENETIAN: Court Closes Chapter 11 Bankruptcy Case
SEA SHELL: Judge Shulman Dismisses Chapter 11 Petition
SILVERADO STREET: U.S. Trustee Balks at James J. Lee as Counsel
SRC COMPUTERS: Public Foreclosure Sale Held April 17
ST. PAUL CROATIAN: No Quick Ruling in Suit Against Insurer

SUNNYLAND FARMS: Court Confirms 4th Amended Chapter 11 Plan
TALBOTS INC: Moody's Affirms 'B3' CFR, Outlook Stable
THOMAS HOEY: Banana King Charged With Pension Looting
TIRECO INC: Case Summary & 12 Largest Unsecured Creditors
TLC HEALTH: Court OKs Sale of Real Estate in Conewango for $50,000

TRIGEANT HOLDINGS: Sargeant Family Reaches Settlement Over Refinery
TRUMP ENTERTAINMENT: Proposes Deal With Key Supplier
TURNKEY PRODUCTS: Files for Ch. 11 to Protect Assets From Lawsuit
USA SYNTHETIC: Court OKs Sale Protocol; Auction Slated for May 14
VAIL LAKE: Chapter 11 Liquidation Plan Declared Effective April 1

VICTORY ENERGY: Presented at IPAA OGIS Conference
WEST COAST: Can Use Cash Collateral Until May 2
YELLOWSTONE MOUNTAIN: Founder Ordered Back to Jail for Contempt
[*] Morgan Drexen Obtains Favorable Ruling in Fraud Suit
[^] Recent Small-Dollar & Individual Chapter 11 Filings


                            *********

4028082 CANADA: Files for Bankruptcy; Creditor's Meeting April 30
-----------------------------------------------------------------
4028082 Canada Inc. fka Karbro Transport Inc. and 1500140 Ontario
fka Karrys Software Ltd filed for bankruptcy on April 10, 2015, in
Ontario, Canada.  A first meeting of creditors will be held on
April 30, 2015, at the offices of PricewaterhouseCoopers Inc.,
trustee of the companies, at 18 York Street, Suite 2600, Room 26008
in Toronto, Ontario, at these times:

  a) 4028082 Canada at 10:00 a.m.
  b) 1500140 Ontario at 10:45 a.m.

PricewaterhouseCoopers can be reached at 1-416-869-2487


ACCURIDE CORP: Moody's Affirms B3 CFR & Alters Outlook to Stable
----------------------------------------------------------------
Moody's Investor Service affirmed Accuride Corporation's Corporate
Family Rating at B3. Moody's also affirmed the company's senior
secured notes rating at B3 and Speculative Grade Liquidity Rating
at SGL-3. The rating outlook was changed to stable from negative.

The following ratings were affirmed:

Accuride Corporation

  -- Corporate Family Rating at B3

  -- Probability of Default Rating at B3-PD

  -- 9.50% Senior Secured Notes at B3 (LGD4)

  -- Speculative Grade Liquidity Rating at SGL-3

Moody's does not rate the company's $100 million ABL revolving
credit facility.

The change in outlook for Accuride to stable reflects the
improvement in the company's business and financial profile, albeit
from a comparatively weak position, that better enables it to
capitalize on the increase in North American commercial vehicle
demand while at the same time enhancing its capacity to contend
with the highly cyclical nature of its end markets. This
improvement is captured in the company's meaningful increase in
EBITA margins from 1.5% at the end of 2013 to 5.3% at the end of
2014 and Moody's expectation that Accuride will continue to realize
benefits arising from both restructuring and growth initiatives
that better support credit metrics consistent with the B3 rating.
Moody's believes that Accuride has meaningfully increased
operational and financial flexibility building upon its leading
position in the North American wheel market for commercial
vehicles. The outlook change also considers Moody's view that
Accuride's cash flow profile has been bolstered as a result of the
company's operational turnaround, including more efficient working
capital management, resulting in the company beginning to generate
positive free cash flow. At the end of 2014, other liquidity
sources included approximately $30 million of cash and $41 million
of availability under a $100 million ABL revolving credit facility.
Accuride's B3 Corporate Family Rating reflects the company's
competitive position in the North American commercial vehicle wheel
market balanced by high debt / EBITDA (5.2x as of December 31,
2014), low EBITA margins (5.3%) and weak EBITA / interest coverage
(1.0x).

Factors that could support a higher rating include continued
improvement in the company's ability to contend with a downturn,
and improvement in operating performance with EBITA margins
approaching 6%, EBITA / interest above 1.5x, debt / EBITDA
reduction, and consistent positive free cash flow generation.

Factors that could result in a lower rating include the company not
staying on track with its operational improvements resulting in a
significant drop in EBITA margins, deterioration in EBITA /
interest, a weakened liquidity profile, or a meaningful loss in
market position.

The principal methodology used in these ratings was Global
Automotive Supplier Industry published in May 2013. Other
methodologies used include Loss Given Default for Speculative-Grade
Non-Financial Companies in the U.S., Canada and EMEA published in
June 2009.

Accuride Corporation, headquartered in Evansville, Indiana, is a
North American manufacturer and supplier of commercial vehicle
components including wheels, wheel-end components, transmission and
engine related components, in addition to components for use in
industrial equipment. Revenues for 2014 were $705 million.


ACOSTA INC: Loan Re-Pricing Has No Impact on Moody's B2 CFR
-----------------------------------------------------------
Moody's Investor's Service said Acosta Inc.'s proposed re-pricing
of its revolver and term loan B is a modest credit positive. The 75
basis point reduction in interest expense would improve the
company's interest coverage metrics, free cash flow generation and
liquidity profile, but has no impact on Acosta's ratings or current
negative outlook.

Acosta Sales and Marketing, Inc., founded in 1927 and headquartered
in Jacksonville, FL, is a leading sales and marketing agency in the
US, providing outsourced marketing and merchandising services to
manufacturers, suppliers, and producers of, primarily, food-related
consumer packaged goods. For the 12 months ended January 31, 2015,
the company generated close to $2.0 billion in revenues. In August
2014, the company underwent a $4.8 billion leveraged buyout by The
Carlyle Group, whose $1.8 billion investment in Acosta is its
largest ever.


ALLIED NEVADA: Creditors' Panel Hires Arent Fox as Co-counsel
-------------------------------------------------------------
The Official Committee of Unsecured Creditors of Allied Nevada Gold
Corp., et al. seeks authorization from the U.S. Bankruptcy Court
for the District of Delaware to retain Arent Fox LLP as co-counsel
for the Committee, nunc pro tunc to March 19, 2015.

The professional services Arent Fox will be required to render
include, but are not limited to, the following:

   (a) advise the Committee of its rights, duties, and powers in
       these Chapter 11 Cases;

   (b) assist, advise, and represent the Committee in its
       consultation with the Debtors relative to the
       administration of these Chapter 11 Cases;

   (c) assist, advise, and represent the Committee in
       investigating and analyzing the Debtors' assets and
       liabilities, investigating the extent and validity of liens

       and participating in and reviewing any proposed asset sales

       or dispositions;

   (d) attend meetings and negotiate with the representatives of
       the Debtors and secured creditors and other parties in
       interest;

   (e) assist and advise the Committee in its examination,
       investigation, and analysis of the conduct of the Debtors'
       affairs;

   (f) assist the Committee in the review, analysis, and
       negotiation of any plan of reorganization or liquidation
       that may be filed and to assist the Committee in the
       review, analysis, and negotiation of the disclosure
       statement accompanying any plan of reorganization or
       liquidation;

   (g) assist the Committee in the review, analysis, and
       negotiation of any financing or funding agreements;

   (h) take all necessary actions to protect and preserve the
       interests of unsecured creditors, including, without
       limitation, the prosecution of actions on behalf of the
       Committee, negotiations concerning all litigation in which
       the Debtors are involved, and review and analysis of all
       claims filed against the Debtors' estates;

   (i) generally prepare on behalf of the Committee all necessary
       motions, applications, answers, orders, reports, and papers

       in support of positions taken by the Committee;

   (j) appear, as appropriate, before this Court, the Appellate
       Courts, and other courts in which matters may be heard and
       to protect the interests of the Committee before said
       Courts and the United States Trustee;

   (k) perform such other legal services as may be required or
       deemed to be in the interests of the Committee; and

   (l) perform all other necessary legal services in these
       Chapter 11 Cases.

Arent Fox will be paid at these hourly rates:

       Partners               $570-$940
       Of Counsel             $555-$910
       Associates             $320-$620
      Paraprofessionals       $180-$320

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

Robert M. Hirsh, partner in the Bankruptcy and Financial
Restructuring Group at Arent Fox, assured the Court that the firm
is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and does not represent any interest
adverse to the Debtors and their estates.

As required by the Guidelines for Reviewing Applications for
Compensation and Reimbursement of Expenses Filed under 11 U.S.C.
section 330 by Attorneys in Large Chapter 11 Cases, effective
November 1, 2013 (the "UST Guidelines"), Arent Fox has responded to
the questions set forth in Section D(1) of the UST Guidelines as
follows:

   -- Arent Fox did not agree to a variation of its standard or
      Customary billing arrangement for this engagement.  The
      hourly rates set forth in the Application are consistent
      with the rates that Arent Fox charges other comparable
      chapter 11 clients.  Arent Fox's hourly rates are "Guideline
      Rates" that represent a discount of approximately 10% from
      the Firm's regular "National Rates."

  -- None of the professionals included in this engagement have   
     varied their rates based on the geographic location of these
     Chapter 11 Cases.

  -- The Committee was formed post-petition on March 19, 2015, and

     thus, Arent Fox did not represent the Committee prepetition.

  -- Arent Fox and the Committee have developed a budget and
     staffing plan to comply with the U.S. Trustee's requests for
     information and additional disclosures, and any orders of
     this Court for the period from March 19, 2015 to May 31,
     2015.

The Court for the District of Delaware will hold a hearing on the
application on May 19, 2015, at 2:00 p.m.  Objections, if any, are
due April 28, 2015, 2015, at 4:00 p.m.

Arent Fox can be reached at:

       Robert M. Hirsh, Esq.
       ARENT FOX LLP
       1675 Broadway
       New York, NY 10019
       Tel: (212) 484-3900
       Fax: (212) 484-3990
       E-mail: robert.hirsh@arentfox.com

                        About Allied Nevada

Allied Nevada Gold Corp. ("ANV"), a Delaware corporation, is a
publicly traded U.S.-based gold and silver producer engaged in
mining, developing and exploring properties in the State of
Nevada.

ANV's common stock trades on the NYSE and the TSX.

ANV was spun off from Vista Gold Corp. in 2006 and began operations
in May 2007.  Nevada-based mining properties acquired from Vista
include the Hycroft Mine, an open-pit heap leach operation located
54 miles west of Winnemucca, Nevada.  ANV controls 75 exploration
properties throughout Nevada as of
Dec. 31, 2014.

On March 10, 2015, ANV and 13 affiliated debtors each filed a
voluntary petition for relief under Chapter 11 of the United States
Bankruptcy Code in the United States Bankruptcy Court for the
District of Delaware.  The Debtors have requested that their cases
be jointly administered under Case No. 15-10503.  The cases are
assigned to Judge Mary F. Walrath.

The Debtors have tapped Blank Rome LLP and Akin Gump Strauss Hauer
& Feld LLP as attorneys; FTI Consulting Inc. as financial advisor;
Moelis & Company as financial advisor; and Prime Clerk LLC as
claims and noticing agent.

ANV disclosed $941 million in total assets and $664 million in
total debt as of Dec. 31, 2014.


ALLIED NEVADA: Hires FTI Consulting as Operational Advisors
-----------------------------------------------------------
Allied Nevada Gold Corp. and its debtor-affiliates ask for
permission from the U.S. Bankruptcy Court for the District of
Delaware to employ FTI Consulting, Inc. as operational advisors,
nunc pro tunc to the March 10, 2015 petition date.

The Debtors require FTI Consulting to:

   (a) develop an understanding of the Debtors' business, their
       current financial situation and short and long term
       objectives;

   (b) work with the Debtors to develop and execute a plan to
       effectively communicate with the Debtors' vendor community,

       focusing on:
     
       - continued supply to the operations of critical parts,
         materials and supplies required by the Debtors'
         operations;

       - minimizing the tightening of terms by vendors to the
         extent possible;

       - minimizing vendor requirements for deposits, letters of
         credit, surety bonds or other payment guarantees and
         assurances; and

       - return to normal credit terms with vendors;

   (c) assist in the preparation of information for distribution
       to the lenders and other stakeholders regarding vendor
       terms and negotiations;

   (d) assist in the preparation of the Debtors' statements of
       financial affairs and schedules of assets and liabilities;
       and

   (e) provide additional financial consulting services as agreed
       upon by the Debtors and FTI.

FTI Consulting will be paid at these hourly rates:

       Senior Managing Director      $865—$975
       Managing Director             $745—$795
       Senior Director               $720—$740
       Directors                     $645—$715
       Senior                        $495—$575
       Consultant                    $355—$455
       Administrative and
       Paraprofessional              $125—$250

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

Prior to the Petition Date, the Debtors advanced $50,000 (the
"Retainer") to FTI on account of services performed and to be
performed and expenses incurred and to be incurred in connection
with these chapter 11 cases, a portion of which was applied towards
FTI's prepetition fees and expenses.  As of the Petition Date, the
balance of the Retainer was $16,835. FTI will apply the remaining
balance of the Retainer as a credit towards postpetition fees and
expenses until the Retainer is fully exhausted before seeking
further payment from the Debtors on account of any postpetition
fees and expenses.

Steven D. Simms, senior managing director of FTI Consulting,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

FTI Consulting can be reached at:

       Steven D. Simms
       FTI CONSULTING, INC.
       3 Times Square
       New York, NY 10036
       Tel: (212)841-9369
       E-mail: steven.simms@fticonsulting.com

                        About Allied Nevada

Allied Nevada Gold Corp. ("ANV"), a Delaware corporation, is a
publicly traded U.S.-based gold and silver producer engaged in
mining, developing and exploring properties in the State of
Nevada.

ANV's common stock trades on the NYSE and the TSX.

ANV was spun off from Vista Gold Corp. in 2006 and began operations
in May 2007.  Nevada-based mining properties acquired from Vista
include the Hycroft Mine, an open-pit heap leach operation located
54 miles west of Winnemucca, Nevada.  ANV controls 75 exploration
properties throughout Nevada as of Dec. 31, 2014.

On March 10, 2015, ANV and 13 affiliated debtors each filed a
voluntary petition for relief under Chapter 11 of the United States
Bankruptcy Code in the United States Bankruptcy Court for the
District of Delaware.  The Debtors have requested that their cases
be jointly administered under Case No. 15-10503.  The cases are
assigned to Judge Mary F. Walrath.

The Debtors have tapped Blank Rome LLP and Akin Gump Strauss Hauer
& Feld LLP as attorneys; FTI Consulting Inc. as financial advisor;
Moelis & Company as financial advisor; and Prime Clerk LLC as
claims and noticing agent.

ANV disclosed $941 million in total assets and $664 million in
total debt as of Dec. 31, 2014.


ALLIED NEVADA: Panel Taps Polsinelli as Conflicts Counsel
---------------------------------------------------------
The Official Committee of Unsecured Creditors of Allied Nevada Gold
Corp., et al. seeks authorization from the U.S. Bankruptcy Court
for the District of Delaware to retain Polsinelli PC as counsel and
conflicts counsel to the Committee, nunc pro tunc to March 19,
2015.

The Committee requies Polsinelli to:

   (a) in conjunction with Arent Fox, provide legal advice with
       respect to the powers and duties available to the
       Creditors' Committee, an official committee appointed under

       section 1102 of the Bankruptcy Code;

   (b) assist Arent Fox in the investigation of the acts, conduct,

       assets, liabilities and financial condition of the Debtors,

       the operation of the Debtors' businesses, and any other
       matter relevant to these cases or to the formulation of a
       plan or plans of reorganization or liquidation;

   (c) assist Arent Fox in preparing on behalf of the Creditors'
       Committee necessary applications, motions, complaints,
       answers, orders, agreements, and other legal papers;

   (d) review, analyze and assist Arent Fox in responding to all
       pleadings filed by the Debtors or other parties-in-interest

       in these Cases and appearing in Court to present necessary
       motions, applications and pleadings and to otherwise
       protect the interest of the Creditors' Committee;

   (e) consult with the Debtors and their professionals, other
       parties-in-interest and their professionals, and the U.S.
       Trustee concerning the administration of the Debtors'
       respective estates;

   (f) represent the Creditors' Committee in hearings and other
       judicial proceedings;

   (g) advise the Creditors' Committee on practice and procedure
       in the U.S. Bankruptcy Court for the District of Delaware
       and with respect to the Local Rules and local practice; and

   (h) perform all other legal services for the Creditors'
       Committee in connection with these chapter 11 cases.

Polsinelli will be paid at these hourly rates:

       Christopher A. Ward, Delaware shareholder       $585
       Shanti M. Katona, Delaware shareholder          $378
       Jarrett K. Vine, Delaware associate             $324
       Lindsey M. Suprum, Delaware paralegal           $238.50

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

Christopher A. Ward, managing shareholder of Polsinelli, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

The Court for the District of Delaware will hold a hearing on the
application on May 19, 2015, at 2:00 p.m.  Objections, if any, are
due April 28, 2015, 2015, at 4:00 p.m.

Polsinelli can be reached at:

       Christopher A. Ward, Esq.
       POLSINELLI PC
       222 Delaware Avenue, Suite 1101
       Wilmington, DE 19801
       Tel: (302) 252-0920
       Fax: (302) 252-0921
       E-mail: cward@polsinelli.com

                        About Allied Nevada

Allied Nevada Gold Corp. ("ANV"), a Delaware corporation, is a
publicly traded U.S.-based gold and silver producer engaged in
mining, developing and exploring properties in the State of
Nevada.

ANV's common stock trades on the NYSE and the TSX.

ANV was spun off from Vista Gold Corp. in 2006 and began operations
in May 2007.  Nevada-based mining properties acquired from Vista
include the Hycroft Mine, an open-pit heap leach operation located
54 miles west of Winnemucca, Nevada.  ANV controls 75 exploration
properties throughout Nevada as of
Dec. 31, 2014.

On March 10, 2015, ANV and 13 affiliated debtors each filed a
voluntary petition for relief under Chapter 11 of the United States
Bankruptcy Code in the United States Bankruptcy Court for the
District of Delaware.  The Debtors have requested that their cases
be jointly administered under Case No. 15-10503.  The cases are
assigned to Judge Mary F. Walrath.

The Debtors have tapped Blank Rome LLP and Akin Gump Strauss Hauer
& Feld LLP as attorneys; FTI Consulting Inc. as financial advisor;
Moelis & Company as financial advisor; and Prime Clerk LLC as
claims and noticing agent.

ANV disclosed $941 million in total assets and $664 million in
total debt as of Dec. 31, 2014.


ALLIED NEVADA: Wants to Hire EKS&H LLLP as Auditor
--------------------------------------------------
Allied Nevada Gold Corp., et al., ask authorization from the U.S.
Bankruptcy Court for the District of Delaware to employ EKS&H LLLP
as auditor to the Debtors, nunc pro tunc to the March 10, 2015
petition date.

Consistent with the terms of the Engagement Letter and as more
fully described therein, EKS&H has already provided since the
commencement of these chapter 11 cases and will continue providing,
among other things, the following services to the Debtors:

   (a) audit the Debtors' consolidated balance sheet as of
       Dec. 31, 2014 and the related consolidated statements of
       income (loss), stockholders' equity and comprehensive
       income, and cash flows for the year then ending (the
       "Financial Statements Audit");

   (b) audit the Debtors' internal controls over financial
       reporting (the "Financial Reporting Audit");

   (c) perform reviews of the Debtors' unaudited quarterly
       financial information for each of the first three quarters
       in the year ending Dec. 31, 2015 (the "Quarterly Financial
       Information Reviews"); and

   (d) audit the statement of net assets and the related statement

       of changes in net assets available for benefits of the
       Allied Nevada Gold Corp. 401(k) Plan, together with other
       auditing procedures required under applicable labor law
       (the "ERISA Audit").

Subject to increases for certain unanticipated or additional items,
and excluding the reimbursement of actual, necessary expenses
incurred by EKS&H in the course of the representation, EKS&H has
agreed that its basic fees will not exceed $290,000 for the
Financial Statements Audit, $130,000 for the Financial Reporting
Audit, and $35,000 for each of the three Quarterly Financial
Reviews. EKS&H estimates that its basic fees for the ERISA Audit
will be approximately $16,500.

EKS&H will also be reimbursed for reasonable out-of-pocket expenses
incurred.

Kreg A. Brown, partner of EKS&H, assured the Court that the firm is
a "disinterested person" as the term is defined in Section 101(14)
of the Bankruptcy Code and does not represent any interest adverse
to the Debtors and their estates.

The Court for the District of Delaware will hold a hearing on the
employment application on May 19, 2015, at 2:00 p.m.  Objections,
if any, are due May 12, 2015, at 4:00 p.m.

EKS&H can be reached at:

       Kreg A. Brown
       EKS&H LLLP
       7979 East Tufts Ave., Suite 400
       Denver, CO 80237
       Tel: (303) 740-9400
       Fax: (303) 740-9009

                        About Allied Nevada

Allied Nevada Gold Corp. ("ANV"), a Delaware corporation, is a
publicly traded U.S.-based gold and silver producer engaged in
mining, developing and exploring properties in the State of
Nevada.

ANV's common stock trades on the NYSE and the TSX.

ANV was spun off from Vista Gold Corp. in 2006 and began operations
in May 2007.  Nevada-based mining properties acquired from Vista
include the Hycroft Mine, an open-pit heap leach operation located
54 miles west of Winnemucca, Nevada.  ANV controls 75 exploration
properties throughout Nevada as of Dec. 31, 2014.

On March 10, 2015, ANV and 13 affiliated debtors each filed a
voluntary petition for relief under Chapter 11 of the United States
Bankruptcy Code in the United States Bankruptcy Court for the
District of Delaware.  The Debtors have requested that their cases
be jointly administered under Case No. 15-10503.  The cases are
assigned to Judge Mary F. Walrath.

The Debtors have tapped Blank Rome LLP and Akin Gump Strauss Hauer
& Feld LLP as attorneys; FTI Consulting Inc. as financial advisor;
Moelis & Company as financial advisor; and Prime Clerk LLC as
claims and noticing agent.

ANV disclosed $941 million in total assets and $664 million in
total debt as of Dec. 31, 2014.


ALPHA NATURAL: Wyoming Worried About Mine Clean Up
--------------------------------------------------
The Daily Bankruptcy Review reports that Wyoming has long offered
its coal companies a deal: prove financial health and avoid posting
a bond intended to cover the cost of cleaning up old mines, the
Associated Press reported.  But some are worried a gloomy market
could scupper the bargain, according to Daily Bankruptcy Review
reports that.  The report notes that Alpha Natural Resources has
been buffeted by weak coal prices in recent months, prompting
speculation over the company's ability to stay in business.




ANGLO IRISH: Liquidators Selling Boston's Mandarin Hotel
--------------------------------------------------------
Joseph Checkler at the Daily Bankruptcy Review reports that the
successor to Anglo Irish Bank Corp. is asking for a bankruptcy
court-supervised auction of the hotel, along with retail property
that connects the Mandarin to the Prudential Center on Boston's
Back Bay, close by the Boston Marathon finish line.

                       About Anglo Irish

Anglo Irish Bank was an Irish bank headquartered in Dublin from
1964 to 2011.  It went into wind-down mode after nationalization
in 2009.  In July 2011, Anglo Irish merged with the Irish
Nationwide Building Society, with the new company being named the
Irish Bank Resolution Corporation (IBRC).

Standard & Poor's Ratings Services lowered its long- and short-
term counterparty credit ratings on Irish Bank Resolution Corp.
Ltd. (IBRC) to 'D/D' from 'B-/C'.   S&P also lowered the senior
unsecured ratings to 'D' from 'B-'.  S&P then withdrew the
counterparty credit ratings, the senior unsecured ratings, and
the preferred stock ratings on IBRC.  At the same time, S&P
affirmed its 'BBB+' issue rating on three government-guaranteed
debt issues.

The rating actions follow the Feb. 6, 2013, announcement that the
Irish government has liquidated IBRC.

The former Irish bank sought protection from creditors under
Chapter 15 of the U.S. Bankruptcy Code on Aug. 26, 2013 (Bankr.
D. Del., Case No. 13-12159).  The former bank's Foreign
Representatives are Kieran Wallace and Eamonn Richardson.  Its
U.S. bankruptcy counsel are Mark D. Collins, Esq., and Jason M.
Madron, Esq., at Richards, Layton & Finger, P.A., in Wilmington,
Delaware.



ARCHDIOCESE OF ST. PAUL: Judge Sets Deadline for Abuse Victims
--------------------------------------------------------------
Tom Corrigan at the Daily Bankruptcy Review reports that the Roman
Catholic Archdiocese of St. Paul and Minneapolis won a federal
judge's approval April 16 to impose an Aug. 3, 2015 deadline for
alleged sexual-abuse victims to come forward with claims despite
objections from victims' lawyers.

U.S. Bankruptcy Court Judge Robert Kressel said the August
deadline, by which victims must file formal claims for compensation
or potentially face challenges from the archdiocese, was not
absolute and that claims could still be filed at any time,
according to Daily Bankruptcy Review.

                    About Archdiocese of St. Paul

The Archdiocese of Saint Paul and Minneapolis was originally
established by the Vatican in 1850 and serves a geographical area
consisting of 12 greater Twin Cities metro-area counties in
Minnesota, including Ramsey, Hennepin, Anoka, Carver, Chisago,
Dakota, Goodhue, Le Sueur, Rice, Scott, Washington, and Wright
counties.  There are 187 parishes and approximately 825,000
Catholic individuals in the region.  These individuals and
parishes
are served by 3999 priests and 173 deacons.

The Archdiocese of St. Paul and Minneapolis filed for Chapter 11
protection (Bankr. D. Minn. Case No. 15-30125) in Minnesota on
Jan.
16, 2015, saying it has large and growing liabilities related to
child sexual abuse and that its pension obligations are
underfunded.

The Debtor disclosed $45,203,010 in assets and $15,890,460 in
liabilities as of the Chapter 11 filing.

The Debtor has tapped Briggs and Morgan, P.A., as Chapter 11
counsel; BGA Management LLC d/b/a Alliance Management as financial
advisor; Lindquist & Vennum LLP as attorney.

Eleven other dioceses have commenced Chapter 11 bankruptcy cases
in
the United States to settle claims from current and former
parishioners who say they were sexually molested by priests.

                     *   *   *

The Debtor's exclusive period for filing a Chapter 11 plan and
disclosure statement ends on Nov. 30, 2015.


ASSOCIATED WHOLESALERS: Wants Deadline to Remove Suits Extended
---------------------------------------------------------------
Associated Wholesalers Inc. has filed a motion seeking additional
time to remove lawsuits involving the company and its affiliates.

In its motion, the company asked the U.S. Bankruptcy Court in
Delaware to move the deadline for filing notices of removal of the
lawsuits to August 5, 2015.

The extension, if granted, would allow the management to focus on
the administration of the company's bankruptcy case and would give
the company "sufficient opportunity" to evaluate the lawsuits,
according to its lawyer, Mark Minuti, Esq., at Saul Ewing LLP, in
Wilmington, Delaware.

The motion is on Judge Kevin Carey's calendar for April 30.

                   About Associated Wholesalers

Founded in 1962 and headquartered in Robesonia, Pennsylvania,
Associated Wholesalers Inc. serviced 800 supermarkets, specialty
stores, convenience stores and superettes with grocery, meat,
produce, dairy, frozen foods and general merchandise/health and
beauty care products.  AWI, with distribution facilities in
Robesonia, Pennsylvania, and York, Pennsylvania, served the
mid-Atlantic United States.  AWI is owned by its 500 retail
members, who in turn operate supermarkets.  AWI had 1,459
employees.

White Rose Inc. is a food wholesaler and distributor serving the
greater New York etropolitan area.  The company traces its origins
to 1886, when brothers Joseph and Sigel Seeman founded Seeman
Brothers & Doremus to provide grocery deliveries throughout New
York City.  White Rose carries out its operations through three
leased warehouse and distribution centers, two of which are located
in Carteret, New Jersey, and one in Woodbridge, New Jersey.  White
Rose has 777 employees.

Associated Wholesalers and its affiliates sought Chapter 11
bankruptcy protection on Sept. 9, 2014, to sell their assets under
11 U.S.C. Sec. 363 to C&S Wholesale Grocers, absent higher and
better offers.

The Debtors have sought joint administration of their Chapter 11
cases for procedural purposes, seeking to maintain all pleadings on
the case docket for AWI Delaware, Inc., Bankr. D. Del. Case No.
14-12092.

As of the Petition Date, the Debtors owe the Bank Group (consisting
of lenders, Bank of America, N.A., Bank of American Securities LLC
as sole lead arranger and joint book runner, Wells Fargo Capital
Finance, LLC as joint book runner and syndication agent, and RBS
Capita, as documentation agent) an aggregate principal amount of
not less than $131,857,966 (inclusive of outstanding letters of
credit), plus accrued interest.  The Debtors estimate trade debt of
$72 million.  AWI Delaware disclosed $11,440 in assets and
$125,112,386 in liabilities as of the Chapter 11 filing.

Saul Ewing LLP and Rhoads & Sinon LLP are serving as legal advisors
to the Debtors, Lazard Middle Market is serving as financial
advisor, and Carl Marks Advisors is serving as restructuring
advisor to AWI.  Carl Marks' Douglas A. Booth has been tapped as
chief restructuring officer.  Epiq Systems serves as the claims
agent.

The Official Committee of Unsecured Creditors tapped to retain Hahn
& Hessen LLP as its lead counsel; Pepper Hamilton LLP as its
co-counsel; and Capstone Advisory Group, LLC, together with its
wholly-owned subsidiary Capstone Valuation Services, LLC, as its
financial advisors.

The Troubled Company Reporter, on Nov. 5, 2014, reported that the
Bankruptcy Court authorized Associated Wholesalers, which changed
its name to AWI Delaware, Inc., prior to the approval of the sale,
to sell substantially all of its assets, including their White Rose
grocery distribution business, to C&S Wholesale Grocers, Inc.

The C&S purchase price consists of the lesser of the amount of the
bank debt, which totals about $18.1 million and $152 million, plus
other liabilities, which amount is valued at $194 million.  C&S,
according to Bill Rochelle and Sherri Toub, bankruptcy columnists
for Bloomberg News, ended up paying $86.5 million more cash to be
anointed as the winner at the auction.

AWI Delaware notified the Bankruptcy Court on Nov. 12, 2014, that
closing occurred in connection with the sale of their assets to
C&S.  AWI Delaware subsequently changed its name to ADI
Liquidation, Inc., following the closing of the sale.


ATLANTIC CITY: Managers in Talks With Restructuring Lawyers
-----------------------------------------------------------
Josh Dawsey and Matt Jarzemsky at the Daily Bankruptcy Review
report that emergency managers tapped by New Jersey Gov. Chris
Christie to study Atlantic City's deteriorating finances is
preparing to interview restructuring lawyers, marking the latest
step by authorities to tackle the city's woes.

Hiring lawyers is likely to be seen as one of the more definitive
steps the emergency managers have taken since they were tapped by
Mr. Christie in January, according to Daily Bankruptcy Review.

Restructuring lawyers often seek to strike deals with the city's
creditors to avoid bankruptcy or guide cities through bankruptcy
proceedings, the report relates.

                          *     *     *

The Troubled Company Reporter, on Jan. 23, 2015, citing the
Associated Press reported that New Jersey Gov. Chris Christie
named
an emergency manager for Atlantic City, leaving the door open for
the seaside gambling resort to file for bankruptcy if it can't get
its finances under control.  The Republican governor and likely
presidential candidate appointed a corporate turnaround specialist
as the city's emergency manager, and tabbed the man who led
Detroit
through its municipal bankruptcy as his assistant, the AP said.

On Jan. 29, the TCR reported that Standard & Poor's Ratings
Services has lowered its general obligation rating on Atlantic
City, N.J., four notches to 'BB' from 'BBB+' and placed it on
CreditWatch with negative implications.

The day before, the TCR reported that Moody's Investors Service
has
downgraded Atlantic City's GO debt to Caa1 with a negative outlook
from Ba1, and on Jan. 27, the TCR said Moody's has downgraded
Atlantic City Municipal Utilities Authority's (NJ) water revenue
debt to B2 from Ba1, and assigned a negative outlook.



AVIV HEALTHCARE: Moody's Withdraws 'Ba3' Ratings
------------------------------------------------
Moody's Investors Service has withdrawn all outstanding ratings for
Aviv Healthcare Properties Ltd. Partnership and Aviv Healthcare
Capital Corporation as Omega Healthcare Investors, Inc.'s
acquisition of Aviv has been completed.

The following ratings were withdrawn

  -- Aviv Healthcare Properties Ltd. Partnership-- senior
     unsecured; senior unsecured to shelf; corporate family
     rating

  -- Aviv Healthcare Capital Corporation—senior unsecured shelf

This action concludes Moody's review of Aviv Healthcare commenced
on October 31, 2014.

Omega Healthcare acquired Aviv REIT, Inc. in an all-stock
transaction with Aviv shareholders received 0.9 shares for every
Aviv share owned. Aviv's outstanding senior unsecured debt, $650
million at year-end 2014, was repaid or otherwise satisfied and
discharged as part of the closing.


B&B ALEXANDRIA: Case Converted to Chapter 7
-------------------------------------------
The Bankruptcy Court converted the Chapter 11 case of B&B
Alexandria Corporate Park TIC 17, LLC, to one under Chapter 7 of
the Bankruptcy Code.

B&B Alexandria Corporate Park TIC 17, LLC, filed a Chapter 11
bankruptcy petition (Bankr. E.D. Va. Case No. 14-12434) on June 27,
2014.  The petition was signed by David H. Bralove, the special
member.  The Hon. Brian F. Kenney presides over the case.  Tyler,
Bartl, Ramsdell & Counts, P.L.C., served as the Debtor's counsel.
In its schedules, as amended, the Debtor disclosed total assets of
$29,025,116, and total liabilities of $36,241,146.


BPZ RESOURCES: Provides Update on Albacora A-22D Well Project
-------------------------------------------------------------
BPZ Energy, an independent oil and gas exploration and production
company, on April 22 disclosed that it continues to operate under
provisions of Chapter 11 of the United States Bankruptcy Court Code
while it seeks additional financing.

At offshore Block Z-1, the Albacora A-22D well was drilled to a
measured depth of 13,730 feet.  The well tested water with no oil
shows from the three targeted zones which are productive in the
main part of the field.  These results establish the southeastern
extent of the field.  A reinterpretation of all Albacora well and
seismic data is underway to further update the field's geologic
model.  

A workover has begun on the Albacora A-27D well to perforate
additional untested zones.  This is expected to optimize production
in the well, and also provide additional data for further
evaluation of the deeper Zorritos reservoirs.

Block Z-1 production from the Corvina and Albacora fields for April
has averaged 4,325 barrels of oil per day (bopd) gross, or 2,206
bopd net to BPZ Energy.

Cautionary Statements Regarding Bankruptcy Proceedings

The Company's security holders are cautioned that trading in the
Company's securities during the pending Bankruptcy Case will be
highly speculative and will pose substantial risks.  Trading prices
for the Company's securities may bear little or no relationship to
the actual recovery, if any, by holders thereof in the Company's
Bankruptcy Case.  Accordingly, the Company urges extreme caution
with respect to existing and future investments in its securities.

A plan of reorganization or liquidation may result in holders of
the Company's capital stock receiving little or no distribution on
account of their interests and cancellation of their existing
stock.  If certain requirements of the Bankruptcy Code are met, a
Chapter 11 plan of reorganization can be confirmed notwithstanding
its rejection by the Company's equity security holders and
notwithstanding the fact that such equity security holders do not
receive or retain any property on account of their equity interests
under the plan. .

                        About BPZ Resources

BPZ Energy -- http://www.bpzenergy.com/-- which trades as BPZ    
Resources, Inc., under ticker symbol BPZ on the New York Stock
Exchange and the Bolsa de Valores in Lima, is an independent oil
and gas exploration and production company which has license
contracts covering 1.9 million net acres in offshore and onshore
Peru.  BPZ Resources maintains an office in Victoria, Texas, and
through its subsidiaries maintains offices in Lima and Tumbes,
Peru, and Quito, Ecuador.

BPZ Resources sought Chapter 11 protection (Bankr. S.D. Tex. Case
No. 15-60016) in Victoria, Texas, on March 9, 2015.  The case is
pending before the Honorable David R. Jones.

The Debtor has tapped Stroock & Stroock & Lavan LLP as bankruptcy
counsel, Hawash Meade Gaston Neese & Cicack LLP, as local Texas
counsel, Houlihan Lokey Capital, Inc., as investment banker, Baker
Hostetler, as the audit committee's special counsel; and Kurtzman
Carson Consultants as claims and noticing agent.

The Debtor disclosed total assets of $364 million and debt of
$275 million.



BRUSH CREEK: Judge Approves Buckhorn Ranch Settlement
-----------------------------------------------------
Brush Creek Airport LLC received court approval of its newly
revised settlement agreement with Buckhorn Ranch Association Inc.

The settlement agreement calls for a mutual release of claims
between the homeowners' association and Richard Landy, managing
member of Brush Creek, connected to the election of directors at
the association's annual meeting held in July last year.

The agreement also contains a new provision stating that the terms
of the settlement are contingent upon the sale of Brush Creek's
assets to Timberlane Partners II, LLC on or before July 1, 2015,
and court approval of its restructuring plan on or before that
date.

The agreement was approved by Judge Michael Romero of U.S.
Bankruptcy for the District of Colorado.

                    About Brush Creek Airport

Brush Creek Airport, LLC, is the real estate developer of the
Buckhorn Ranch Subdivision in unincorporated Gunnison County, near
Crested Butte, Colorado. The Buckhorn Ranch Subdivision consists of
249 lots and features a private airstrip and fishing and
recreational licenses for a portion of the Upper East River.  It
owns 97 improved lots in the Buckhorn Ranch Subdivision that are
available for construction, but upon which no homes have been
built.  It also owns the Upper East River Water Company, LLC, which
provides water taps for lots and water services for homes in the
subdivision.

Brush Creek Airport, LLC filed a Chapter 11 bankruptcy petition
(Bankr. D. Col. Case No. 14-14630) in Denver on April 10, 2014.
The Debtor estimated assets of $10 million to $50 million and debt
of $1 million to $10 million.

The Debtor has employed Sender Wasserman Wadsworth, P.C. as counsel
and 5280 Accounting Services, LLC as accountants and bookkeepers.


BURLINGTON RECREATION: Voluntary Chapter 11 Case Summary
--------------------------------------------------------
Debtor: Burlington Recreation Group, LLC
        12 A Street
        Burlington, MA 01803

Case No.: 15-11523

Chapter 11 Petition Date: April 21, 2015

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

Judge: Hon. Joan N. Feeney

Debtor's Counsel: Gary W. Cruickshank, Esq.
                  LAW OFFICE OF GARY W. CRUICKSHANK
                  21 Custom House Street, Suite 920
                  Boston, MA 02110
                  Tel: (617) 330-1960
                  Fax: (617) 330-1970
                  Email: gwc@cruickshank-law.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by James H. McConchie, manager.

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


CACTUS WELLHEAD: Moody's Alters Outlook to Negative, Affirms B3 CFR
-------------------------------------------------------------------
Moody's Investors Service affirmed Cactus Wellhead LLC's B3
Corporate Family Rating and B3-PD Probability of Default Rating and
revised the outlook to negative from stable. Moody's lowered the
Speculative Grade Liquidity Rating to SGL-3 from SGL-2. The B3
ratings on the senior secured credit facility were affirmed.

"The rating outlook change to negative reflects our expectation of
a substantial deterioration in Cactus' credit metrics this year as
a result of lower demand for its products caused by the significant
decline in drilling and completion activity," said Moody's Analyst
Morris Borenstein. "Based on the macro environment in which Cactus
operates, we estimate that EBITDA could decline more than 50% in
2015."

Ratings lowered:

  -- Speculative Grade Liquidity Rating to SGL-3 from SGL-2

Affirmations:

  -- Corporate Family Rating, Affirmed B3

  -- Probability of Default Rating, Affirmed B3-PD

  -- Senior Secured Bank Credit Facility, Affirmed B3(LGD3)

  -- Outlook Actions:

  -- Outlook, Changed To Negative From Stable

The B3 Corporate Family Rating (CFR) reflects Cactus' company's
small size in the multi-billion dollar surface equipment segment of
the oil field service and equipment market, its relatively short
operating history, and the inherent cyclicality of oil and gas
drilling activity to which Cactus is exposed. The steep decline in
US land drilling activity in 2015 will impact Cactus' business
resulting in a deterioration in credit metrics. Offsetting these
concerns are Cactus's strong presence and broad customer
penetration in a product line, which while low in its relative
cost, is a critical component of wellsite operations, its
geographic scope with sales and service locations in most major US
hydrocarbon producing basins, the financial flexibility imparted by
its largely variable cost business model and a seasoned management
team. Moody's believes that EBITDA to interest coverage will still
exceed 2 times by the end of the year.

The SGL-3 Speculative Grade Liquidity Rating reflects Cactus'
adequate liquidity profile. Moody's expects that cash flow will be
positive over the next twelve months through a combination of cost
reduction initiatives by the company and inflows from reduced
working capital requirements. The company's $50 million revolver
has a financial maintenance debt/EBITDA covenant that is tested
only if revolver borrowings exceed $15 million. Given the weak
outlook for future earnings, Moody's believes this covenant will
effectively limit the revolver's borrowing availability to $15
million. Debt amortization requirements are modest and there are no
near-term maturities. Moody's believes internally generated cash
flow and the effective revolver availability will be sufficient for
meeting Cactus' interest and other capital obligations into 2016.

The rating outlook is negative reflecting Moody's expectation that
credit metrics will weaken over the next 12 to 18 months as a
result of an industry decline in US land drilling activity and
completions. While the company's liquidity appears adequate to
weather this downturn, the negative outlook highlights the inherent
uncertainty regarding the depth and ultimate duration of the
decline in drilling and completion activity.

The ratings could be downgraded if EBITDA to interest coverage
declines below 2 times. The ratings could also be downgraded if
liquidity materially deteriorates such that free cash flow is
negative or the company needs to service interest through revolver
borrowings. The ratings are not likely to be upgraded through 2016.
However, debt/EBITDA sustained below 3 times, along with increased
size and demonstrated durability of the market position could
result in an upgrade.

Headquartered in Houston, Texas, Cactus Wellhead, LLC is a
privately owned oilfield service and equipment provider of wellhead
pressure control equipment.

The principal methodology used in these ratings was Global Oilfield
Services Industry Rating Methodology published in December 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.


CAESARS ENTERTAINMENT: Court Sets May 26 as Claims Bar Date
-----------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Illinois set
May 26, 2015, at 5:00 p.m., prevailing Central Time, as deadline
for creditors of Caesars Entertainment Corp. and its
debtor-affiliates to file proofs of claim.

The Court also set July 14, 2015, at 5:00 p.m., central Prevailing
Time, as last day for governmental units to file their claims.

All proof of claim must be filed by either:

a) electronically using the interface available on Prim Clerk's
website at https://cases.primeclerk.com/CEOC/EPOC-Index or

b) by U.S. mail or other hand-delivery system at:

   Caesars Entertainment Operating Company Inc.
    Claims Processing Center
   c/o Prime Clerk LLC
   830 Third Avenue, 9th Floor
   New York, New York 10021

                     About Caesars Entertainment

Caesars Entertainment Corp., formerly Harrah's Entertainment Inc.,
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.

In January 2015, Caesars Entertainment and subsidiary Caesars
Entertainment Operating Company, Inc., announced that holders of
more than 60% of claims in respect of CEOC's 11.25% senior secured
notes due 2017, CEOC's 8.5% senior secured notes due 2020 and
CEOC's 9% senior secured notes due 2020 have signed the Amended
and Restated Restructuring Support and Forbearance Agreement,
dated
as of Dec. 31, 2014, among Caesars Entertainment, CEOC and the
Consenting Creditors.  As a result, The RSA became effective
pursuant to its terms as of Jan. 9, 2015.

Appaloosa Investment Limited, et al., owed $41 million on account
of 10% second lien notes in the company, filed an involuntary
Chapter 11 bankruptcy petition against CEOC (Bankr. D. Del. Case
No. 15-10047) on Jan. 12, 2015.  The bondholders are represented
by
Robert S. Brady, Esq., at Young, Conaway, Stargatt & Taylor, LLP.

CEOC and 172 other affiliates -- operators of 38 gaming and resort
properties in 14 U.S. states and 5 countries -- filed Chapter 11
bankruptcy petitions (Bank. N.D. Ill.  Lead Case No. 15-01145) on
Jan. 15, 2015.  CEOC disclosed total assets of $12.3 billion and
total debt of $19.8 billion as of Sept. 30, 2014.

Delaware Bankruptcy Judge Kevin Gross entered a ruling that the
bankruptcy proceedings will proceed in the U.S. Bankruptcy Court
for the Northern District of Illinois.

Kirkland & Ellis serves as the Debtors' counsel.  AlixPartners is
the Debtors' restructuring advisors.  Prime Clerk LLC acts as the
Debtors' notice and claims agent.  Judge Benjamin Goldgar presides
over the cases.

The U.S. Trustee has appointed seven noteholders to serve in the
Official Committee of Second Priority Noteholders and nine members
to serve in the Official Unsecured Creditors' Committee.

The U.S. Trustee appointed Richard S. Davis as Chapter 11 examiner.


CAESARS ENTERTAINMENT: Stops Discussions with Ad Hoc Bank Lenders
-----------------------------------------------------------------
Caesars Entertainment Corporation, and Caesars Entertainment
Operating Company, Inc., a majority owned subsidiary of CEC,
disclosed that while have been engaged in confidential discussions
with certain beneficial holders of first lien debt incurred by CEOC
pursuant to the Third Amended and Restated Credit Agreement, dated
as of July 25, 2014, by and among CEC, CEOC, the lenders and Credit
Suisse AG, Cayman Islands Branch, as administrative agent, they
have not been able to reach an agreement regarding the
Restructuring.

In connection with the discussions, CEC and CEOC provided certain
confidential information to the Ad Hoc Committee Bank Lenders
pursuant to non-disclosure agreements between CEC, CEOC and the Ad
Hoc Committee Bank Lenders.  The NDAs have now expired pursuant to
their terms.

On March 23, 2015, a meeting occurred among CEC, CEOC and the Ad
Hoc Committee Bank Lenders, together with their respective legal
and financial advisors.

On March 28, 2015, after multiple rounds of negotiations at and
after the Meeting, CEC, CEOC and the Ad Hoc Committee Bank Lenders
believed they reached an agreement in principle regarding certain
terms of a restructuring as follows:

  1. The Rent for the Lease and the CPLV Lease will be fixed for
     the first seven years of the Term.

  2. The Percentage Rent for the Lease and the CPLV Lease will in
     no event be less than zero.  The Base Rent for the Lease and
     the CPLV Lease during any of the Renewal Terms will not be
     less than Base Rent then payable during the year immediately
     preceding the commencement of such Renewal Term.

  3. CEC will provide to holders of the First Lien Debt a
     guarantee of collection for (1) the New First Lien OpCo Debt
     and New Second Lien OpCo Debt to be received by the Bank
     Lenders in a restructuring, and (2) the CPLV Mezzanine Debt,

     if any, to be received by the Bank Lenders in a restructuring

     so long as such Future CEC Guarantee for the CPLV Mezzanine
     Debt is permitted by the structure of the REIT, and, if CEC
     shall be unable to provide the Future CEC Guarantee for the
     CPLV Mezzanine Debt to the Bank Lenders, CEC and the Ad Hoc
     Committee Bank Lenders shall mutually agree upon an economic
     solution in lieu thereof.

  4. The existing collection guarantee provided by CEC with
     respect to the amounts outstanding under the Credit Agreement

     will be amended to (1) prevent CEC's sponsors and CEC's
     sponsors' affiliates from voting on amendments to the CEC
     Credit Agreement Guarantee, (2) clarify that the prior
     guarantee provided by CEC, dated as of Jan. 28, 2008, with
     respect to the amounts outstanding under the Credit Agreement

     that was replaced by the CEC Credit Agreement Guarantee will
     be restored if any (x) guarantee that CEC provided to
     creditors of CEOC (other than the Bank Lenders) is restored,
     comes into existence or is otherwise reinstated or (y) new
     guarantee is issued by CEC, and (3) eliminate in its entirety

     the references to "or immediately available funds" in the
     relevant paragraphs of the CEC Credit Agreement Guarantee so
     as to clarify that payments due must be made in full in cash.

  5. CEC will pay $125 million to the Bank Lenders, on a pro rata
     basis, in connection with (a) the CEC Credit Agreement
     Guarantee Amendment, (b) termination of the CEC Credit
     Agreement Guarantee on the effective date of a restructuring
     and (c) forbearance by the Bank Lenders from the exercise of
     certain rights and remedies against CEC arising from certain
     specified transactions.

  6. On the effective date of a restructuring, CEC will pay the
     Bank Lenders a total amount of interest on the First Lien
     Debt equal to the sum of (x) 80% of the non-default contract
     rate of interest on the First Lien Debt for 2015, plus (y) an

     increase in a percentage of total contract rate of interest
     on the First Lien Debt equivalent to 25 bps per quarter for
     the period of Oct. 1, 2015, through and including the
     effective date of a restructuring, to a maximum of the non-
     default contract rate of interest on the First Lien Debt
     otherwise due under the Credit Agreement, less (1) any
     monthly adequate protection payments made by CEOC to the Bank

     Lenders pursuant to the final cash collateral order entered
     in CEOC's chapter 11 cases that are not recharacterized or
     otherwise disallowed and (2) the Upfront Payment.

  7. CEC's termination rights in a restructuring support agreement
     to be entered into by and among CEC, CEOC, LeverageSource III

     (H Holdings), LeverageSource V, L.P. and the Ad Hoc Committee

     Bank Lenders will (1) in certain circumstances be subject to
     waiver by a requisite percentage of the Bank Lenders that
     execute the Bank RSA, and (2) not be applicable where
     directors of CEC constituted a majority of the board of
     directors of CEOC for the purposes of voting to approve any
     such action.

  8. The CEC Guaranty (as defined in the MLSA) will not terminate
     if the Manager is terminated for cause, subject to binding
     arbitration.

  9. The definitive documentation for the CPLV Mezzanine Debt will

     contain only terms and conditions that are reasonable and
     customary for issuances of this type.

10. Each Ad Hoc Committee Bank Lender who signs the Bank RSA and
     holds First Lien Bonds will receive its pro rata share of the

     RSA Forbearance Fees.

Since March 28, 2015, CEC, CEOC and the Ad Hoc Committee Bank
Lenders have engaged in negotiations to reach agreement on a Bank
RSA and other definitive documentation that reflect the Specified
Terms and other material terms of a restructuring.  Notwithstanding
those negotiations, CEC, CEOC and the Ad Hoc Committee Bank Lenders
have been unable to reach an agreement on certain significant
issues relating to the Bank RSA and such other definitive
documentation.  These significant issues include, among others, (i)
the circumstances under which the exercise of remedies would be
deemed to have been exhausted under the Future CEC Guarantee, (ii)
the collateral to secure the obligations under the Future CEC
Guarantee, (iii) the terms of the covenant package (including the
types of covenants and terms thereof) under the Future CEC
Guarantee, the New First Lien OpCo Debt and New Second Lien OpCo
Debt, and (iv) when CEC would start paying 80% of the non-default
contract rate of interest to the Bank Lenders on the First Lien
Debt.

Accordingly, as of April 20, 2015, CEC has ceased discussions with
the Ad Hoc Committee Bank Lenders.

A copy of the Discussion Materials provided in connection with
discussions with the Ad Hoc Committee Bank Lenders at the Meeting
is available for free at http://is.gd/38UDUJ

                    About Caesars Entertainment

Caesars Entertainment Corp., formerly Harrah's Entertainment Inc.,
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.

In January 2015, Caesars Entertainment and subsidiary Caesars
Entertainment Operating Company, Inc., announced that holders of
more than 60% of claims in respect of CEOC's 11.25% senior secured
notes due 2017, CEOC's 8.5% senior secured notes due 2020 and
CEOC's 9% senior secured notes due 2020 have signed the Amended
and Restated Restructuring Support and Forbearance Agreement, dated
as of Dec. 31, 2014, among Caesars Entertainment, CEOC and the
Consenting Creditors.  As a result, The RSA became effective
pursuant to its terms as of Jan. 9, 2015.

Appaloosa Investment Limited, et al., owed $41 million on account
of 10% second lien notes in the company, filed an involuntary
Chapter 11 bankruptcy petition against CEOC (Bankr. D. Del. Case
No. 15-10047) on Jan. 12, 2015.  The bondholders are represented by
Robert S. Brady, Esq., at Young, Conaway, Stargatt & Taylor, LLP.

CEOC and 172 other affiliates -- operators of 38 gaming and resort
properties in 14 U.S. states and 5 countries -- filed Chapter 11
bankruptcy petitions (Bank. N.D. Ill.  Lead Case No. 15-01145) on
Jan. 15, 2015.  CEOC disclosed total assets of $12.3 billion and
total debt of $19.8 billion as of Sept. 30, 2014.

Delaware Bankruptcy Judge Kevin Gross entered a ruling that the
bankruptcy proceedings will proceed in the U.S. Bankruptcy Court
for the Northern District of Illinois.

Kirkland & Ellis serves as the Debtors' counsel.  AlixPartners is
the Debtors' restructuring advisors.  Prime Clerk LLC acts as the
Debtors' notice and claims agent.  Judge Benjamin Goldgar presides
over the cases.

The U.S. Trustee has appointed seven noteholders to serve in the
Official Committee of Second Priority Noteholders and nine members
to serve in the Official Unsecured Creditors' Committee.

The U.S. Trustee appointed Richard S. Davis as Chapter 11 examiner.


CAL DIVE: Gets Court Approval to Maintain Insurance Policies
------------------------------------------------------------
Cal Dive International Inc. received a final order from U.S.
Bankruptcy Judge Christopher Sontchi to continue its insurance
policies.

The court order authorizes the company to pay its obligations,
including deductibles and self-insured retention amounts, under its
insurance policies and pay premiums under its premium financing
program.

An interim order received by Cal Dive on March 6 allowed the
company to pay at least $480,000 of its insurance obligations and
at least $525,310 of its obligations under the premium financing
program.

Last month, Cal Dive also received informal comments from the
official committee of unsecured creditors and Prime Rate, which the
company resolved by inserting language that allows Prime Rate to
cancel insurance policies covered by the premium financing program
if the company defaults on its obligations.    

                    About Cal Dive International

Cal Dive International, Inc., headquartered in Houston, Texas, is a
marine contractor that provides manned diving, pipelay and pipe
burial, platform installation and salvage, and light well
intervention services to the offshore oil and natural gas industry
on the Gulf of Mexico OCS, Northeastern U.S., Latin America,
Southeast Asia, China, Australia, West Africa, the Middle East, and
Europe, with a diversified fleet of dive support vessels and
construction barges.

Cal Dive had decided not to pay $2.2 million in interest due Jan.
15, 2015, on its 5.00% convertible senior notes due 2017.

Cal Dive and its U.S. subsidiaries filed simultaneous voluntary
petitions (Bankr. D. Del. Lead Case No. 15-10458) on March 3,
2015.  Through the Chapter 11 process, the Company intends to sell
non-core assets and intends to reorganize or sell as a going
concern its core subsea contracting business.

Cal Dive disclosed total assets of $571 million and total debt of
$411 million as of Sept. 30, 2015.

The Debtors tapped Richards, Layton & Finger, P.A., as counsel,
O'Melveny & Myers LLP, as co-counsel; and Kurtzman Carson
Consultants, LLC, as claims and noticing agent.  The Debtors also
tapped Carl Marks Advisory Group LLC as crisis managers and appoint
F. Duffield Meyercord as chief restructuring officer.

Through the Chapter 11 process, the Company will sell non-core
assets and intends to reorganize or sell as a going concern its
core subsea contracting business.

The U.S. Trustee for Region 3 formed a five-member committee of
unsecured creditors.


CHASSIX HOLDINGS: Court Sets May 21 as Claims Bar Date
------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York set
May 21, 2015, at 5:00 p.m. (ET) as deadline for creditors of
Chassix Holdings Inc. and its debtor-affiliates to file proofs of
claim.  The Court also set Sept. 9, 2015, at 8:00 p.m. (ET) as last
day for governmental units to file their claims.

All proof of claims must be filed either:

a) electronically through Prime Clerk's website using the interface
available at https://cases.primeclerk.com/chassix under the link
entitled "Submit a Claim", or

b) by delivering the original proof of claim form by hand, or
mailing the proof of claim form to:

   Chassix Holdings Inc. Claims Processing Center
   c/o Prime Clerk LLC
   830 3rd Avenue, 9th Floor
   New York, New York

                    About Chassix Holdings

Chassix is a global manufacturer and supplier of aluminum and iron
chassis sub-frame components and powertrain products with both
casting and machining capabilities.  Based in Southfield, Michigan,
Chassix and its subsidiaries operate 23 manufacturing facilities
across six countries, providing safety critical automotive
components, having content on approximately 64% of the largest
platforms in North America.  Their product mix maintains an even
balance among trucks, minivans and SUVs, as well as small and
medium size cars and cross-over vehicles.

For the twelve months ended Dec. 31, 2014, the Debtors generated
$1.37 billion in revenue on a consolidated basis.  As of Dec. 31,
2014, the Debtors had $833 million in assets and $784 million in
liabilities on a consolidated basis.

Chassix Holdings, Inc., et al., sought Chapter 11 protection
(Bankr. S.D.N.Y. Lead Case No. 15-10578) in Manhattan on March 12,
2015, with a Chapter 11 plan that was negotiated with lenders and
customers.

Chassix Holdings estimated $500 million to $1 billion in assets and
debt.

The Debtors have tapped Weil, Gotshal & Manges LLP, as attorneys;
Lazard Freres & Co, LLC, as investment banker; FTI Consulting, Inc.
to provide an interim CFO and additional restructuring services;
and Prime Clerk LLC, as claims and noticing agent.


CLIFFORD WOERNER: Pro-Snax Attorney's-Fee Standard Overruled
------------------------------------------------------------
Pro-Snax's attorney's-fee standard was overruled by the U.S. Court
of Appeals for the Fifth Circuit in the case captioned In the
Matter of: CLIFFORD J. WOERNER; GAIL S. WOERNER, Debtors. BARRON &
NEWBURGER, P.C., Appellant, v. TEXAS SKYLINE, LIMITED; PECOS &
15TH, LIMITED; UNITED STATES TRUSTEE; SKYLINE INTERESTS, L.L.C.,
Appellees, NO. 13-50075 (5th Cir.).

The court recognized that the retrospective, "material benefit"
standard enunciated in Pro-Snax conflicts with the language and
legislative history of Section 330 and diverges from the decisions
of other circuits.  It then prescribed a prospective, "reasonable
at the time" standard for the award of attorney's fees in a Chapter
11 bankruptcy proceeding.

In an opinion penned by Circuit Judge Edward C. Prado dated April
9, 2015 which is available at http://is.gd/v9kuXKfrom Leagle.com,
the court:
   
     -- overruled Pro-Snax's attorney's-fee standard;
     
     -- vacated the award of attorney's fees and remanded the
        case to the district court; and
     
     -- directed the district court to remand to the bankruptcy
        court to apply the newly announced standard to the facts
        of this case.

                    About Clifford J. Woerner

Austin, Texas-based Clifford Joseph Woerner, aka C.J. Woerner and
Woerner Interests, and Gail Suzanne Woerner, filed for Chapter 11
bankruptcy (Bankr. W.D. Tex. Case No. 10-11365) on May 13, 2010.
Barbara M. Barron, Esq. -- bbarron@bnpclaw.com -- at Barron &
Newburger, P.C., served as the Debtors' counsel.  In the joint
petition, the Woerners estimated $1 million to $10 million in
assets and debts.  A list of the Woerners' 20 largest unsecured
creditors filed together with the petition is available for free
at http://bankrupt.com/misc/txwb10-11365.pdf

Woerner filed a voluntary Chapter 11 petition on the eve of a major
state-court judgment against him. On April 20, 2011, the bankruptcy
court converted the case to Chapter 7.


CTLI LLC: Former Owner Must Surrender Social Media Accounts
-----------------------------------------------------------
Chief Bankruptcy Jeff Bohm ruled on Jeremy Alcede's emergency
motion objecting to a proposed order regarding social media
accounts in the case captioned In re: CTLI, LLC, Chapter 11,
Debtor, CASE NO. 14-33564 (S.D. Tex., Houston Div.).

A Chapter 11 petition was filed by CTLI, LLC (Bankr. S.D. Tex. Case
No. 14-33564) on June 27, 2014.  A plan of reorganization was
confirmed on December 8, 2014.  The court's order confirming the
plan required Mr. Jeremy Alcede, the company's former majority
owner, to "deliver possession and control" of "passwords for the
Debtor's social media accounts, including but not limited to
Facebook and Twitter" to Mr. Steven Coe Wilson on behalf of the
reorganized debtor.  Mr. Alcede claimed that all social media
accounts at issue belonged to him personally and not to the Debtor,
and that it would be impossible to share control of these accounts
with the reorganized Debtor without violating his privacy.

The court concluded that business social media accounts are
property of a company's bankrupt estate.  It found that the
accounts at issue are business and not personal accounts, and
ordered the former owner to transfer administrative privileges to
these accounts immediately to the reorganized debtor.  The court
also concluded that requiring the former owner to transfer
administrative privileges to the reorganized debtor does not
violate any privacy rights that he claims to have.

A copy of the Court's memorandum opinion dated April 3, 2015 is
available at  http://is.gd/sLs3da from Leagle.com.


DENDREON CORP: SEC Drops Formal Probe
-------------------------------------
Law360 reported that the U.S. Securities and Exchange Commission
has closed a formal investigation of Dendreon Corp., the bankrupt
maker of prostate cancer drug Provenge, and will not recommend
bringing an enforcement action, the company said in a recent
filing.

According to the report, Dendreon, which in February got a court
approval for a $495 million takeover by a unit of Valeant
Pharmaceuticals International Inc., said in an SEC filing on April
8 that it received notice on March 23 that the agency had dropped
its probe and wouldn't be taking further action.

                        About Dendreon Corp

With corporate headquarters in Seattle, Washington, Dendreon
Corporation, a biotechnology company focused on the development 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.) on Nov. 10, 2014.  The Debtors
requested that their cases be jointly administered under Case No.
14-12515.  The petitions were signed by Gregory R. Cox, interim
chief financial officer and treasurer.

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
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.

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

The Debtors disclosed $365 million in total assets and $664 million
in total liabilities as of June 30, 2014.

The U.S. Trustee for Region 3 appointed three members to the
Official Committee of Unsecured Creditors.


DIOCESE OF SPOKANE: Reinstates Priest; Abuse Claims Rejected
------------------------------------------------------------
The Daily Bankruptcy Review reports that the former director of
Morning Star Boys' Ranch was reinstated as a Catholic priest after
an internal review found sex abuse claims could not be
substantiated, the Associated Press reported.  The Rev. Joseph
Weitensteiner, now 82, was removed from the ministry in 2006 amid a
growing number of reports from people who said they were abused
sexually or physically by Rev. Weitensteiner or his staff at the
ranch, according to Daily Bankruptcy Review.

                About The Diocese of Spokane

The Roman Catholic Church of the Diocese of Spokane filed for
chapter 11 protection (Bankr. E.D. Wash. Case No. 04-08822) on
Dec. 6, 2004.  Michael J. Paukert, Esq., at Paine, Hamblen,
Coffin, Brooke & Miller, LLP, represents the Spokane Diocese in
its restructuring efforts.  When the Debtor filed for protection
from its creditors, it listed $11.2 million in total assets and
$81.4 million in total debts.

The Diocese of Spokane, the Tort Claimants Committee, the Future
Claims Representative, and the Executive Committee of the
Association of Parishes delivered an Amended Plan of
Reorganization, and a Disclosure Statement describing that Plan to
the Court on Feb. 1, 2007.  The Honorable Patricia C. Williams
approved the disclosure statement on March 8, 2007.  On April 24,
2007, the Court confirmed Spokane's second amended joint plan.
That plan became effective May 31, 2007.



DJO FINANCE: Moody's Affirms B3 Corp Family Rating
--------------------------------------------------
Moody's Investors Service affirmed DJO Finance LLC's, Corporate
Family Rating of B3 and Probability of Default Rating of B3-PD. At
the same time, Moody's assigned a Ba3 (LGD 2) rating to the
company's $1,025 million first lien term loan, a Caa1 (LGD 5)
rating to the company's $1,045 million second lien senior secured
notes, and a Caa2 (LGD 6) rating to the company's $300 million
third lien notes. The proceeds of the term loan and second and
third lien notes, along with borrowings under a new ABL revolving
credit facility (not rated), will be used to refinance all of the
company's outstanding debt, pay related redemption costs and
associated transaction fees and expenses. The rating outlook is
stable. Concurrently, the company's Speculative Grade Liquidity
Rating was affirmed at SGL-3.

The affirmation of DJO's B3 Corporate Family Rating reflects our
view that while financial leverage increases modestly as a result
of the transaction, Moody's expect the company's credit profile to
benefit from an extension of debt maturities and the full
replenishment of availability under a new upsized ABL revolving
credit facility. On a pro forma basis for the proposed refinancing
of the company's capital structure, adjusted debt to EBITDA was
very high at over 8 times for the year ended Dec. 31, 2014.

DJO Finance LLC:

Ratings assigned:

  -- First lien term loan, at Ba3 (LGD 2)

  -- Second priority senior secured notes, at Caa1 (LGD 5)

  -- Third lien notes, at Caa2 (LGD 6)

Ratings affirmed:

  -- Corporate Family Rating, B3

  -- Probability of Default Rating, B3-PD

  -- Speculative Grade Liquidity Rating at SGL-3

  -- Ratings unchanged and expected to be withdrawn following the
     completion of the refinancing:

  -- Senior secured revolving credit facility due 2017, Ba3
     (LGD 2)

  -- Senior secured first lien term loan B due 2017, Ba3 (LGD 2)

  -- Senior secured second lien notes due 2018, B3 (LGD 3)

  -- Senior unsecured notes due 2018, Caa1 (LGD 5)

  -- Senior subordinated notes due 2017, Caa2 (LGD 6)

DJO's B3 Corporate Family Rating reflects the company's very high
financial leverage, limited coverage of interest expense and modest
free cash flow. Moody's expect the company's near-term financial
metrics to remain weak, despite gradual improvement due to higher
EBITDA contributions from recently launched products and cost
reduction initiatives. In addition, the company's lack of a
successful track record of steady EBITDA growth and positive free
cash flow generation constrains the rating. The ratings are
supported by DJO's solid scale and market position across many of
the company's product lines, good customer and geographic
diversification and favorable industry and demographic trends.

The stable outlook reflects Moody's view that the company's credit
metrics will modestly improve over the next 12 to 18 months due to
new product launches and cost reduction initiatives, and Moody's
expectation that the company will maintain at least an adequate
liquidity profile.

The ratings could be downgraded if the company faces top-line and
earnings pressure such that financial leverage increases, or if
operating margins, cash flow, or liquidity deteriorates. In
addition, the ratings could be lowered if the company engages in
material debt-financed shareholder initiatives.

The ratings could be upgraded if the company exhibits a combination
of EBITDA growth and debt repayment, combined with positive free
cash flow, such that adjusted debt to EBITDA is sustained below 6.0
times and free cash flow to debt is sustained above 4%.

Based in Vista, California, DJO Finance LLC ("DJO") is a developer,
manufacturer and distributor of medical devices that provide
solutions for musculoskeletal health, vascular health and pain
management. The company also develops, manufactures and distributes
a broad range of reconstructive joint implant products. The
company's products are used to treat patients with musculoskeletal
conditions resulting from degenerative diseases, deformities,
traumatic events and sports related injuries. Many of the company's
non-surgical devices are also used by athletes and individuals for
injury prevention and at-home physical therapy treatment. DJO is
owned by private equity sponsors Blackstone Capital Partners V L.P.
For the year ended December 31, 2014, DJO generated net sales of
approximately $1.2 billion.

The principal methodology used in these ratings was Global Medical
Product and Device Industry published in October 2012. Other
methodologies used include Loss Given Default for Speculative-Grade
Non-Financial Companies in the U.S., Canada and EMEA published in
June 2009.


DOMARK INTERNATIONAL: Incurs $446,000 Net Loss in Third Quarter
---------------------------------------------------------------
Domark International, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $446,000 on $0 of sales for the three months ended Feb. 28,
2015, compared to a net loss of $1.06 million on $0 of sales for
the same period in 2014.

For the nine months ended Feb. 28, 2015, the Company reported a net
loss of $1.86 million on $0 of sales compared to a net loss of
$2.34 million on $0 of sales for the same period a year ago.

As of Feb. 28, 2015, the Company had $1.33 million in total assets,
$3.53 million in total liabilties and a $2.19 million total
stockholders' deficit.

The Company said it has inadequate working capital to maintain or
develop its operations, and is dependent upon funds from private
investors, promissory notes from lenders, and the support of
certain stockholders.  These factors raise substantial doubt about
the ability of the Company to continue as a going concern,
according to the regulatory filing.

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

                        http://is.gd/Xb3v4J

                     About Domark International

Based in Lake Mary, Florida, DoMark International, Inc., was
incorporated under the laws of the State of Nevada on March 30,
2006.  The Company was formed to engage in the acquisition and
refinishing of aged furniture using exotic materials and then
reselling it through interior decorators, high-end consignment
shops and online sales.  The Company abandoned its original
business of exotic furniture sales in May of 2008 and pursued the
acquisition of entities to best bring value to the company and its
shareholders.


EARL GAUDIO: Hires John Lane as Expert Witness
----------------------------------------------
Earl Gaudio and Son, Inc. seeks authorization from the U.S.
Bankruptcy Court for the Central District of Illinois to employ
John Lane and his firm, Inglewood Associates, LLC as expert
witness.

The Debtor has determined that it will be aided in its prosecution
of the claims in the Adversary Proceeding by retention of an expert
witness, and has identified John Lane and his firm, Inglewood
Associates LLC, as the expert it would like to retain for the
Adversary Proceeding, and potentially for services that may be
needed in the main Chapter 11 case or other adversary proceedings
that may be brought.  The Debtor further requests that the
appointment be effective nunc pro tunc as of the date of this
Application.

On March 19, 2014, the Debtor commenced Adversary Proceeding
14-09010 (the "Adversary Proceeding") by filing its Complaint
seeking recovery based on fraudulent transfer and conversion claims
against Dennis Gaudio, Eric Gaudio, 1803, LLC and Gaudio
Diversified Ventures, LLC. Pursuant to a request of the defendants,
reference of the Adversary Proceeding to the Bankruptcy Court was
withdrawn, and the matter is now pending in the District Court for
the Central District of Illinois.

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

Inglewood Associates can be reached at:

       John Lane
       INGLEWOOD ASSOCIATES, LLC
       9242 Headlands Rd
       Mentor, OH 44060-1026
       Tel:  (216) 533-5860
       E-mail:  jlane@ingw.com

                     About Earl Gaudio & Son, Inc.

Earl Gaudio & Son, Inc., filed a Chapter 11 petition (Bankr. C.D.
Ill. Case No. 13-90942) on July 19, 2013.  The petition was signed
by Angela E. Major Hart, as authorized signer of First Midwest
Bank, custodian.  Judge Gerald D. Fines presides over the case.
The Debtor disclosed $11,849,187 in assets and $8,489,291 in
liabilities as of the Chapter 11 filing.  John David Burke, Esq.,
and Ben T. Caughey, Esq., at Ice Miller, LLP, serve as the Debtor's
counsel.

The U.S. Trustee appointed five creditors to serve in the Official
Committee of Unsecured Creditors.  The Committee retained Evans,
Forehlich, Beth & Chamley as its local counsel, and Rubin & Levin,
P.C., as its counsel.


ENERGY FUTURE: Plan Includes Intercompany Settlement
----------------------------------------------------
Energy Future Holding Corp., et al.'s proposed reorganization plan
proposes the full settlement of intercompany claims, causes of
action and disputes among the Debtors, including avoidance actions
under Sections 544, 547, and 548 of the Bankruptcy Code, and
resolves other matters involving a conflict between one or more of
those Debtors, such as the tax treatment of the Plan transactions.

The Settlement and Plan propose to resolve prepetition intercompany
claims, causes of action, and disputes among Energy Future Holdings
Corporation ("EFH Corp."), Energy Future Intermediate Holdings
Company LLC ("EFIH"), and the TCEH Debtors, namely Energy Future
Competitive Holdings Company LLC ("EFCH") and Texas Competitive
Electric Holdings Company LLC.

The Settlement and Plan also provide for the spin-off of TCEH in a
tax-free transaction (with a partial step-up in tax basis) and the
tax-free reorganization of EFH and EFIH under one of the three
alternative reorganization structures set forth in the Plan.

              EFH Corp.'s Disinterested Directors

Donald L. Evans and Billie I. Williamson, the disinterested
directors of the board of directors of debtor EFH Corp., submitted
a statement regarding the proposed settlement.

Pursuant to resolutions of the Board dated Nov. 7, 2014 and Dec. 9,
2014, the Board delegated to the Disinterested Directors the
authority to investigate and determine whether any matter
pertaining to the Chapter 11 bankruptcy proceedings is one in which
an actual conflict exists between EFH Corp., on the one hand, and
any other debtor, including Energy Future Intermediate Holding
Company LLC ("EFIH") and Texas Competitive Electric Holdings
Company LLC ("TCEH"), on the other hand (each, a "Conflict
Matter").

In November 2014, EFH Corp. engaged Proskauer Rose LLP as counsel
and in December 2014 EFH Corp. engaged Solic Capital as financial
advisor to render professional services, under the supervision of
the Disinterested Directors, in connection with Conflict Matters.

Subsequent to their engagements, Proskauer and Solic conducted a
thorough due diligence review and independent investigation of
intercompany claims and other matters identified as Conflict
Matters.

The Disinterested Directors and their legal and financial advisors
engaged in extensive discussions and negotiations with the
disinterested managers of EFIH and TCEH and their legal and
financial advisors, culminating in a proposed agreement to resolve
certain of the Conflict Matters.

The settlement of the intercompany claims that are Conflict Matters
results in TCEH receiving an allowed, unsecured, non-priority claim
against EFH Corp. (the "TCEH Claim").  The proposed settlement
resulting in the TCEH Claim, however, is subject to the
confirmation of the Plan.  Additionally, the Disinterested
Directors may terminate the proposed settlement if they determine,
after consultation with their independent advisors, that
termination of the settlement would be consistent with the exercise
of their fiduciary duties.  

The Disinterested Directors believe that the proposed settlement
embodied in the Plan is fair, reasonable and in the best interests
of EFH Corp.'s estate.

The Disinterested Directors' statement regarding the Settlement is
available for free at:

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

EFH and EFIH's statements in support of the settlements are
available for free at:

   http://bankrupt.com/misc/Energy_F_CM_Settlement_EFH.pdf
   http://bankrupt.com/misc/Energy_F_CM_Settlement_EFIH.pdf

The Debtors' attorneys can be reached at:

         O'KELLY ERNST & BIELLI, LLC
         David M. Klauder, Esq.
         Shannon J. Dougherty, Esq.
         901 N. Market Street, Suite 1000
         Wilmington, DE 19801
         Tel: (302) 778-4000
         Fax: (302) 295-2873
         E-mail: dklauder@oeblegal.com
                 sdougherty@oeblegal.com

                 - and -

         PROSKAUER ROSE LLP
         Jeff J. Marwil, Esq.
         Mark K. Thomas, Esq.
         Peter J. Young, Esq.
         Three First National Plaza
         70 West Madison, Suite 3800
         Chicago, IL 60602-4342
         Telephone: (312) 962-3550
         Facsimile: (312) 962-3551

                       About Energy Future

Energy Future Holdings Corp., formerly known as TXU Corp., is a
privately held diversified energy holding company with a portfolio
of competitive and regulated energy businesses in Texas.  Oncor,
an 80 percent-owned entity within the EFH group, is the largest
regulated transmission and distribution utility in Texas.

The Company delivers electricity to roughly three million delivery
points in and around Dallas-Fort Worth.  EFH Corp. was created in
October 2007 in a $45 billion leverage buyout of Texas power
company TXU in a deal led by private-equity companies Kohlberg
Kravis Roberts & Co. and TPG Inc.

On April 29, 2014, Energy Future Holdings and 70 affiliated
companies sought Chapter 11 bankruptcy protection (Bankr. D. Del.
Lead Case No. 14-10979) after reaching a deal with some key
financial stakeholders to keep its businesses operating while
reducing its roughly $40 billion in debt.

The Debtors' cases have been assigned to Judge Christopher S.
Sontchi (CSS).  The Debtors are seeking to have their cases
jointly
administered for procedural purposes.

As of Dec. 31, 2013, EFH Corp. reported assets of $36.4 billion in
book value and liabilities of $49.7 billion.  The Debtors have $42
billion of funded indebtedness.

EFH's legal advisor for the Chapter 11 proceedings is Kirkland &
Ellis LLP, its financial advisor is Evercore Partners and its
restructuring advisor is Alvarez & Marsal.  The TCEH first lien
lenders supporting the restructuring agreement are represented by
Paul, Weiss, Rifkind, Wharton & Garrison, LLP as legal advisor,
and Millstein & Co., LLC, as financial advisor.

The EFIH unsecured creditors supporting the restructuring
agreement
are represented by Akin Gump Strauss Hauer & Feld LLP, as legal
advisor, and Centerview Partners, as financial advisor. The EFH
equity holders supporting the restructuring agreement are
represented by Wachtell, Lipton, Rosen & Katz, as legal advisor,
and Blackstone Advisory Partners LP, as financial advisor.  Epiq
Systems is the claims agent.

Wilmington Savings Fund Society, FSB, the successor trustee for
the
second-lien noteholders owed about $1.6 billion, is represented by
Ashby & Geddes, P.A.'s William P. Bowden, Esq., and Gregory A.
Taylor, Esq., and Brown Rudnick LLP's Edward S. Weisfelner, Esq.,
Jeffrey L. Jonas, Esq., Andrew P. Strehle, Esq., Jeremy B. Coffey,
Esq., and Howard L. Siegel, Esq.

An Official Committee of Unsecured Creditors has been appointed in
the case.  The Committee represents the interests of the unsecured
creditors of ONLY of Energy Future Competitive Holdings Company
LLC; EFCH's direct subsidiary, Texas Competitive Electric Holdings
Company LLC; and EFH Corporate Services Company, and of no other
debtors.  The Committee has selected Morrison & Foerster LLP and
Polsinelli PC for representation in this high-profile energy
restructuring.  The lawyers working on the case are James M. Peck,
Esq., Brett H. Miller, Esq., and Lorenzo Marinuzzi, Esq., at
Morrison & Foerster LLP; and Christopher A. Ward, Esq., Justin K.
Edelson, Esq., Shanti M. Katona, Esq., and Edward Fox, Esq., at
Polsinelli PC.


ENERGY FUTURE: Targeting November Confirmation of Plan
------------------------------------------------------
Energy Future Holdings Corp., et al., are asking the U.S.
Bankruptcy Court for the District of Delaware at a hearing on May
5, 2015, at 9:30 a.m. to approve this schedule in connection with
the confirmation of their reorganization plan and approval of the
explanatory disclosure statement:

   a. With respect to the Disclosure Statement, Monday, May 11,
2015, will be the date on which parties may begin serving written
discovery requests and all written discovery requests must be
served no later than Monday, May 18, 2015, at 4:00 p.m. (prevailing
Eastern Time).

   b. Wednesday, June 17, 2015, at 4:00 p.m. (prevailing Eastern
Time) will be the deadline by which any party must file any
objections to the Disclosure Statement.

   c. Thursday, July 2, 2015, at 4:00 p.m. (prevailing Eastern
Time) shall be the deadline by which all discovery will be
complete.

   d. In connection with the Plan, Monday, May 18, 2015, at 4:00
p.m. (prevailing Eastern Time) will be the deadline by which
parties must serve written discovery requests.

   e. Friday, Oct. 9, 2015, will be the date on which all fact and
expert discovery will be complete.

   f. Wednesday, Oct. 21, 2015, at 4:00 p.m. (prevailing Eastern
Time) will be the deadline by which any party must file any
objections to the Plan.

   g. Wednesday, Nov. 18, 2015, will be the date of the start of
the hearing to approve the Plan.

Jason M. Madron, Esq., at Richards, Layton & Finger, P.A., explains
that with the filing of the Plan and the Disclosure Statement, the
Debtors have taken a significant step toward emergence.  The Plan
is the result of months-long discussions and negotiations among the
Debtors and their various stakeholders. But the filing of the Plan
and Disclosure Statement does not end negotiations; instead,
negotiations regarding the Plan will continue up to, and through,
confirmation.

According to Mr. Madron, for the Debtors' substantial efforts to
bear fruit, they must continue under the umbrella of exclusivity.
Negotiations in the shadow of multiple competing plans would likely
fracture and devolve.  The Debtors' creditor constituencies
recognized as much when they agreed to extend the Debtors'
exclusive right to file and to solicit votes for a plan to June and
August 2015, respectively.  The Debtors have made good use of that
extension and have now filed the Plan.  Next, the Debtors will seek
a further extension of exclusivity to maintain progress.

But Mr. Madron notes that exclusivity will reach its statutory
limit on Dec. 29, 2015.  For debtor exclusivity to have its full
meaning in this case, the Debtors must have at least one
opportunity to be heard on their Plan before that date.  The best
way to accomplish that critical objective is to establish a
reasonable schedule and protocols to govern discovery and the
proceedings.  In particular, the schedule must be structured to
reach Plan confirmation no later than December 2015.  The Debtors'
proposed schedule achieves that goal while also providing
sufficient time for discovery and allowing all stakeholders ample
opportunity to be heard.

Key features of the Debtors' proposal are:

    * First, the proposed schedule includes an expeditious but
reasonable period in which to complete Plan discovery -- 151 days
-- in keeping with the schedules imposed in many similarly large
and complex bankruptcy cases.  This period is premised on the
prompt commencement of discovery; for this case to reach
confirmation by December 2015, Plan discovery cannot be delayed.
Consistent with the Debtors' proactive approach to Legacy
Discovery, there is no reason to wait until the Debtors' Disclosure
Statement is approved to engage in Plan discovery. Doing so would
set the schedule back by months and take away the Debtors' right to
a reasonable opportunity to have their Plan confirmed without the
threat of a competing plan.  Establishing dates and deadlines at
the outset of the Plan confirmation process
will best allow the Court to control its docket and keep the case
moving.

    * Second, the proposed protocols bolster the proposed schedule
by imposing sensible limits on the scope and conduct of Plan
discovery.  The parties have already completed wide-ranging Legacy
Discovery with a view to easing the burden on the confirmation
proceedings.  The remaining Plan discovery can and should be
narrowly tailored to cover additional Plan-related issues that are
truly relevant to confirmation.

    * Third, the proposed schedule places a reasonable limit of 20
trial days on the length of the confirmation hearing.  Just as the
proposed protocol reins in unnecessary or duplicative discovery,
the time limit will help prevent unnecessary, duplicative, or
cumulative evidence.

    * Fourth, the Confirmation Scheduling Order is intended to
dovetail with the Oncor auction process approved by the Court on
Jan. 14, 2015.  That auction process is well underway, with the
Debtors having now received initial bids and mark-ups of definitive
documents, and obviously is an important component of the Plan.
The Plan accounts for the auction process.  Moving forward with the
confirmation process contemporaneously with -- and not subsequent
to -- the process set forth in the Bidding Procedures Order is
critical to maximizing value for all estates and the Confirmation
Scheduling Order has been designed with that goal in mind.

Mr. Madron avers that now is the time to capitalize on the Debtors'
momentum.  Entering a rational, well-thought-out schedule and
discovery protocol now will allow the Court to control its limited
time and resources, will help facilitate the Debtors' expeditious
exit from chapter 11, and at the same time will afford all of the
Debtors' stakeholders sufficient due process and the opportunity to
be heard on truly substantive issues.

                            The Plan

As reported in the April 15, 2015 edition of the TCR, Energy Future
and its affiliates filed a joint plan of reorganization and
disclosure statement, which provides for a comprehensive
restructuring and recapitalization of the Debtors' pre-bankruptcy
obligations and corporate form, preserves the going concern value
of the Debtors' businesses, maximizes recoveries available to all
constituents, provides for an equitable distribution to the
Debtors' stakeholders, protects the jobs of employees, and ensures
continued provision of electricity in Texas to the Texas
Competitive Electric Holdings Company LLC's approximately 1.7
million retail customers and the smooth delivery of electricity to
the entire state through the TCEH Debtors' generation activities.

A full-text copy of the Plan dated April 14, 2015, is available at
http://bankrupt.com/misc/EFHplan0414.pdf

A full-text copy of the Disclosure Statement is available at
http://bankrupt.com/misc/EFHds0414.pdf

                       About Energy Future

Energy Future Holdings Corp., formerly known as TXU Corp., is a
privately held diversified energy holding company with a portfolio
of competitive and regulated energy businesses in Texas.  Oncor,
an 80 percent-owned entity within the EFH group, is the largest
regulated transmission and distribution utility in Texas.

The Company delivers electricity to roughly three million delivery
points in and around Dallas-Fort Worth.  EFH Corp. was created in
October 2007 in a $45 billion leverage buyout of Texas power
company TXU in a deal led by private-equity companies Kohlberg
Kravis Roberts & Co. and TPG Inc.

On April 29, 2014, Energy Future Holdings and 70 affiliated
companies sought Chapter 11 bankruptcy protection (Bankr. D. Del.
Lead Case No. 14-10979) after reaching a deal with some key
financial stakeholders to keep its businesses operating while
reducing its roughly $40 billion in debt.

The Debtors' cases have been assigned to Judge Christopher S.
Sontchi (CSS).  The Debtors are seeking to have their cases jointly
administered for procedural purposes.

As of Dec. 31, 2013, EFH Corp. reported assets of $36.4 billion in
book value and liabilities of $49.7 billion.  The Debtors have $42
billion of funded indebtedness.

EFH's legal advisor for the Chapter 11 proceedings is Kirkland &
Ellis LLP, its financial advisor is Evercore Partners and its
restructuring advisor is Alvarez & Marsal.  The TCEH first lien
lenders supporting the restructuring agreement are represented by
Paul, Weiss, Rifkind, Wharton & Garrison, LLP as legal advisor,
and Millstein & Co., LLC, as financial advisor.

The EFIH unsecured creditors supporting the restructuring
agreement
are represented by Akin Gump Strauss Hauer & Feld LLP, as legal
advisor, and Centerview Partners, as financial advisor. The EFH
equity holders supporting the restructuring agreement are
represented by Wachtell, Lipton, Rosen & Katz, as legal advisor,
and Blackstone Advisory Partners LP, as financial advisor.  Epiq
Systems is the claims agent.

Wilmington Savings Fund Society, FSB, the successor trustee for
the
second-lien noteholders owed about $1.6 billion, is represented by
Ashby & Geddes, P.A.'s William P. Bowden, Esq., and Gregory A.
Taylor, Esq., and Brown Rudnick LLP's Edward S. Weisfelner, Esq.,
Jeffrey L. Jonas, Esq., Andrew P. Strehle, Esq., Jeremy B. Coffey,
Esq., and Howard L. Siegel, Esq.

An Official Committee of Unsecured Creditors has been appointed in
the case.  The Committee represents the interests of the unsecured
creditors of ONLY of Energy Future Competitive Holdings Company
LLC; EFCH's direct subsidiary, Texas Competitive Electric Holdings
Company LLC; and EFH Corporate Services Company, and of no other
debtors.  The Committee has selected Morrison & Foerster LLP and
Polsinelli PC for representation in this high-profile energy
restructuring.  The lawyers working on the case are James M. Peck,
Esq., Brett H. Miller, Esq., and Lorenzo Marinuzzi, Esq., at
Morrison & Foerster LLP; and Christopher A. Ward, Esq., Justin K.
Edelson, Esq., Shanti M. Katona, Esq., and Edward Fox, Esq., at
Polsinelli PC.


EXIDE TECHNOLOGIES: Gets Court Approval to Close Vernon Facility
----------------------------------------------------------------
U.S. Bankruptcy Judge Kevin Carey has given Exide Technologies the
green light to close its lead-acid battery recycling facility in
Vernon, California.

In connection with the closure of the facility, Judge Carey also
approved an amendment to Exide's 2014 stipulation with the
California Department of Toxic Substances Control, which provides a
framework for the orderly closure and cleanup of the facility.

Exide reached this amendment after, among other developments,
hearing from the agency that it would likely deny the company's
Part B hazardous waste facility permit application.

Under the amended stipulation, Exide is required to submit to the
agency an updated plan regarding the closure of the Vernon facility
by May 15, 2015.  

Within 30 days of notification by the agency of its approval of the
plan, the company will immediately move to close the facility.

The stipulation also requires Exide to pay $3.25 million to a trust
fund on Nov. 1, 2017, and another $3.25 million on March 31, 2018,
to fund activities related to the closure of the facility.

A copy of the stipulation is available without charge at
http://is.gd/wGKSR1

                      About Exide Technologies

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

Exide first sought Chapter 11 protection (Bankr. Del. Case No.
02-11125) on April 14, 2002, and exited bankruptcy two years
after.

Matthew N. Kleiman, Esq., and Kirk A. Kennedy, Esq., at Kirkland &
Ellis, and James E. O'Neill, Esq., at Pachulski Stang Ziehl & Jones
LLP represented the Debtors in their successful restructuring.

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

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

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

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

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

                            *     *     *

In November 2014, the Bankruptcy Court terminated Exide's exclusive
period to propose a Chapter 11 plan.  The Court ordered that any
party-in-interest, including the Official Committee of Unsecured
creditors may file and solicit acceptance of a Chapter 11 Plan.

Exide already has a plan of reorganization in place.  Reorganized
Exide's debt at emergence will comprise: (i) an estimated $225
million Exit ABL Revolver Facility; (ii) $264 million of New First
Lien High Yield Notes; (iii) $284 million of New Second Lien
Convertible Notes.  The Debtor's non-debtor European subsidiaries
are also expected to have approximately $23 million; (b) The New
Second Lien Convertible Notes will be convertible into 80% of the
New Exide Common Stock on a fully diluted basis; and (c) New Exide
Common Stock would be allocated as follows: 15.0% to Holders of
Senior Secured Note Claims after conversion of the New Second Lien
Convertible Notes into New Exide Common Stock; 3.0% on account of
the DIP/Second Lien Conversion Funding Fee; and 2.0% on account of
the DIP/Second Lien Backstop Commitment Fee.  

In December 2014, Judge Kevin Carey denied the request of Exide
shareholders for appointment of an official equity holders'
committee.  The shareholders objected to the Plan.

U.S. Bankruptcy Judge Kevin Carey in Delaware on March 27, 2015,
issued a findings of fact, conclusions of law and order confirming
Exide Technologies' Fourth Amended Plan of Reorganization after
determining that the plan satisfies the confirmation requirement of
Section 1129 of the Bankruptcy Code.


EXIDE TECHNOLOGIES: Koch Unit to Buy Emission Credits
-----------------------------------------------------
Katy Stech at Daily Bankruptcy Review reports that the trading arm
of Koch Industries Inc. wants to buy the emission credits from a
car battery-recycling plant that for decades was accused of
polluting the air of a Los Angeles county neighborhood and raising
the risk of cancer for nearby residents.

Kansas-based Koch Supply & Trading LP -- indirectly controlled by
politically influential brothers Charles and David Koch -- is
offering to pay about $7.5 million to Exide Technologies Inc. for
the credits, according to Daily Bankruptcy Review.

                      About Exide Technologies

Headquartered in Milton, Ga., Exide Technologies (NASDAQ: XIDE) --
http://www.exide.com/-- manufactures and   distributes lead acid  


batteries and other related electrical energy storage products.

Exide first sought Chapter 11 protection (Bankr. Del. Case No.
02-11125) on April 14, 2002, and exited bankruptcy two years
after.

Matthew N. Kleiman, Esq., and Kirk A. Kennedy, Esq., at Kirkland &
Ellis, and James E. O'Neill, Esq., at Pachulski Stang Ziehl &
Jones LLP represented the Debtors in their successful
restructuring.

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

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

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

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

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

                            *     *     *

In November 2014, the Bankruptcy Court terminated Exide's
exclusive period to propose a Chapter 11 plan.  The Court ordered
that any party-in-interest, including the Official Committee of
Unsecured creditors may file and solicit acceptance of a Chapter
11 Plan.

Exide already has a plan of reorganization in place.  Reorganized
Exide's debt at emergence will comprise: (i) an estimated $225
million Exit ABL Revolver Facility; (ii) $264 million of New First
Lien High Yield Notes; (iii) $284 million of New Second Lien
Convertible Notes.  The Debtor's non-debtor European subsidiaries
are also expected to have approximately $23 million; (b) The New
Second Lien Convertible Notes will be convertible into 80% of the
New Exide Common Stock on a fully diluted basis; and (c) New Exide
Common Stock would be allocated as follows: 15.0% to Holders of
Senior Secured Note Claims after conversion of the New Second Lien
Convertible Notes into New Exide Common Stock; 3.0% on account of
the DIP/Second Lien Conversion Funding Fee; and 2.0% on account of
the DIP/Second Lien Backstop Commitment Fee.  

In December 2014, Judge Kevin Carey denied the request of Exide
shareholders for appointment of an official equity holders'
committee.  The shareholders objected to the Plan.

U.S. Bankruptcy Judge Kevin Carey in Delaware on March 27, 2015,
issued a findings of fact, conclusions of law and order confirming
Exide Technologies' Fourth Amended Plan of Reorganization after
determining that the plan satisfies the confirmation requirement
of Section 1129 of the Bankruptcy Code.



EXIDE TECHNOLOGIES: Texas Regulators Fine Firm Nearly $2.5 Million
------------------------------------------------------------------
The Daily Bankruptcy Review reports that The Texas Commission on
Environmental Quality have fined Exide Technologies Inc., the
operators of a closed Dallas-area battery recycling plant, nearly
$2.5 million for environmental violations, the Associated Press
reported.

                       About Exide Technologies

Headquartered in Milton, Ga., Exide Technologies (NASDAQ: XIDE) --
http://www.exide.com/-- manufactures and   distributes lead acid  

batteries and other related electrical energy storage products.

Exide first sought Chapter 11 protection (Bankr. Del. Case No.
02-11125) on April 14, 2002, and exited bankruptcy two years
after.

Matthew N. Kleiman, Esq., and Kirk A. Kennedy, Esq., at Kirkland &
Ellis, and James E. O'Neill, Esq., at Pachulski Stang Ziehl &
Jones LLP represented the Debtors in their successful
restructuring.

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

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

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

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

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

                            *     *     *

In November 2014, the Bankruptcy Court terminated Exide's
exclusive period to propose a Chapter 11 plan.  The Court ordered
that any party-in-interest, including the Official Committee of
Unsecured creditors may file and solicit acceptance of a Chapter
11
Plan.

Exide already has a plan of reorganization in place.  Reorganized
Exide's debt at emergence will comprise: (i) an estimated $225
million Exit ABL Revolver Facility; (ii) $264 million of New First
Lien High Yield Notes; (iii) $284 million of New Second Lien
Convertible Notes.  The Debtor's non-debtor European subsidiaries
are also expected to have approximately $23 million; (b) The New
Second Lien Convertible Notes will be convertible into 80% of the
New Exide Common Stock on a fully diluted basis; and (c) New Exide
Common Stock would be allocated as follows: 15.0% to Holders of
Senior Secured Note Claims after conversion of the New Second Lien
Convertible Notes into New Exide Common Stock; 3.0% on account of
the DIP/Second Lien Conversion Funding Fee; and 2.0% on account of
the DIP/Second Lien Backstop Commitment Fee.  

In December 2014, Judge Kevin Carey denied the request of Exide
shareholders for appointment of an official equity holders'
committee.  The shareholders objected to the Plan.

U.S. Bankruptcy Judge Kevin Carey in Delaware on March 27, 2015,
issued a findings of fact, conclusions of law and order confirming
Exide Technologies' Fourth Amended Plan of Reorganization after
determining that the plan satisfies the confirmation requirement
of Section 1129 of the Bankruptcy Code.



FREDERICK'S OF HOLLYWOOD: Proposes KCC as Claims Agent
------------------------------------------------------
Frederick's of Hollywood Group Inc., and its affiliated debtors
seek approval from the Bankruptcy Court to hire Kurtzman Carson
Consultants LLC as claims and noticing agent, nunc pro tunc to the
Petition Date.

The Debtors need the services of KCC to help manage claims and
noticing tasks with respect to the approximately 6,000 notice
parties that are expected to be involved in the Chapter 11 cases.

Prior to the Petition Date, the Debtors provided KCC with a
retainer in the amount of $30,000.

The KCC Fee Structure, which sets forth the pricing schedule agreed
upon by the parties, was not included in publicly available court
filings.

Evan Gershbein, Senior Vice Preside of Corporate Restructuring
Service at KCC, attests that KCC is a "disinterested person" within
the meaning of Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

         KURTZMAN CARSON CONSULTANTS LLC
         2335 Alaska Ave.
         El Segundo, CA 90245
         Attn: Drake D. Foster
         Tel: (310) 823-9000
         Fax: (310) 823-9133
         E-mail: dfoster@kccllc.com

                         About Frederick's

Frederick's of Hollywood Group Inc., sells women's apparel and
related products under its proprietary Frederick's of Hollywood
brand.  Frederick's had more than 200 brick-and-mortar stores at
its peak. At present it sells its products at its online shop at
http://www.fredericks.com/

On April 19, 2015, Frederick's of Hollywood and five affiliates
each filed voluntary petitions for relief under Chapter 11 of the
United States Bankruptcy Code.  The cases are pending approval to
be jointly administered under Case No. 15-10836 before the
Honorable Kevin Gross (Bankr. D. Del.).

The Company disclosed $36.5 million in assets and $106 million in
debt as of the bankruptcy filing.  The material debt obligations
principally consist of $33 million in loans under a secured credit
agreement, $16.2 million in unsecured promissory notes, and $56.7
million in trade debt and liabilities to landlords.

The Debtors tapped Milbank, Tweed, Hadley & McCloy LLP, as
bankruptcy counsel; Richards, Layton & Finger, P.A., as local
counsel; Consensus Advisory Services LLC as investment banker and
financial advisor; and Kurtzman Carson Consultants LLC, as claims
and noticing agent.


FREDERICK'S OF HOLLYWOOD: Rejecting Leases for 47 Closed Stores
---------------------------------------------------------------
Frederick's of Hollywood Group Inc. and its affiliated debtors ask
the U.S. Bankruptcy Court for the District of Delaware, to
authorize the rejection of certain unexpired leases of
non-residential real property, nunc pro tunc to the Petition Date.

Prior to the Petition Date, the Debtors were tenants under numerous
unexpired non-residential real property leases across several
states.  The Debtors used the bulk of these properties as locations
for their various retail stores. In conjunction with the sale of
their assets, the Debtors closed their retail stores and physically
vacated the corresponding 74 leased premises and surrendered the
keys to the applicable landlords prior to the commencement of the
Chapter 11 cases.  As such, the Debtors have determined that the
real property leases associated with these 74 leased premises (the
"Dark Store Leases") represent an unnecessary expense and
contribute little to no value to their estates.

The list of the Dark Store Leases attached to the motion is
available for free at:

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

                         About Frederick's

Frederick's of Hollywood Group Inc., sells women's apparel and
related products under its proprietary Frederick's of Hollywood
brand.  Frederick's had more than 200 brick-and-mortar stores at
its peak. At present it sells its products at its online shop at
http://www.fredericks.com/

On April 19, 2015, Frederick's of Hollywood and five affiliates
each filed voluntary petitions for relief under Chapter 11 of the
United States Bankruptcy Code.  The cases are pending approval to
be jointly administered under Case No. 15-10836 before the
Honorable Kevin Gross (Bankr. D. Del.).

The Company disclosed $36.5 million in assets and $106 million in
debt as of the bankruptcy filing.  The material debt obligations
principally consist of $33 million in loans under a secured credit
agreement, $16.2 million in unsecured promissory notes, and $56.7
million in trade debt and liabilities to landlords.

The Debtors tapped Milbank, Tweed, Hadley & McCloy LLP, as
bankruptcy counsel; Richards, Layton & Finger, P.A., as local
counsel; Consensus Advisory Services LLC as investment banker and
financial advisor; and Kurtzman Carson Consultants LLC, as claims
and noticing agent.


GLYECO INC: Chief Business Development Officer Resigns
------------------------------------------------------
Janet Carnell Lorenz tendered her resignation as the chief business
development officer of GlyEco, Inc., effective as of April 1, 2015.
The resignation was not the result of any disagreement with the
Company on any matter relating to its operations, policies, or
practices.

Ms. Carnell Lorenz remains committed to the Company and will be
assuming a consulting role with the Company going forward with a
particular focus on investor relations.

                         About GlyEco, Inc.

Phoenix, Ariz.-based GlyEco, Inc., is a green chemistry company
formed to roll-out its proprietary and patent pending glycol
recycling technology that transforms waste glycols, a hazardous
material, into profitable green products.

Glyeco reported a net loss attributable to common shareholders of
$8.73 million on $5.89 million of net sales for the year ended Dec.
31, 2014, compared with a net loss of $4 million on $5.53 million
of net sales for the year ended Dec. 31, 2013.

As of Dec. 31, 2014, Glyeco had $14.3 million in total assets,
$3.05 million in total liabilities, and $11.2 million in total
stockholders' equity.

Semple, Marchal & Cooper, LLP, in Phoenix, Arizona, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing that the Company has yet to
achieve profitable operations and is dependent on its ability to
raise capital from stockholders or other sources to sustain
operations and to ultimately achieve viable operations. These
factors raise substantial doubt about the Company's ability to
continue as a going concern.


GRAND CENTREVILLE: Hearing on Plan Outlines Continued to April 28
-----------------------------------------------------------------
Judge Robert G. Mayer has continued until April 28, 2015, the
hearing to consider approval of the disclosure statements with
respect to the Chapter 11 plans filed in the Chapter 11 case of
Grand Centreville, LLC.  The secured creditor and the Chapter 11
trustee named in the separate bankruptcy case of the Debtor's
owners have filed competing Chapter 11 plans.

Raymond A. Yancey, Chapter 11 trustee for the bankruptcy estates of
Min Sik Kang and Man Sun Kang, filed a plan that contemplates a
sale of the Debtor's shopping center in Fairfax County, Virginia,
to JBG Associates, L.L.C., for $55,500,000 in cash.  In the event
an entity with standing to object to the Plan files an objection to
the Plan on account of a binding irrevocable higher offer to
purchase the Shopping Center, the Debtor will hold an auction,
provided that a competing bid must provide for a purchase price
that's at least $250,000 higher than JBG's offer.  Under the Plan,
Wells Fargo's claim is unimpaired, and Wells Fargo on the Effective
Date will receive full payment for the portion of the secured claim
that is not in dispute.  Holders of general unsecured claims will
recover 100 cents on the dollar.  The Kang Trustee will hold and
retain 100% of the membership interest in the Debtor.

Secured creditor Wells Fargo Bank, N.A.'s Plan proposes to leave
Wells Fargo's existing loan documents in place and bars Wells Fargo
from exercising its remedies under the loan documents for a period
of one year.  If the Shopping Center is not been sold prior to the
one-year deadline, the Wells Fargo Plan provides that Wells Fargo
will take immediate transfer of title to and ownership of the
Shopping Center.  Under the Wells Fargo Plan, only Wells Fargo is
impaired.  Holders of general unsecured claims and equity interests
are unimpaired, and thus not entitled to the Plan.

Wells Fargo and the Kang Trustee have traded objections to the
disclosure statements explaining their proposed plans.

Wells Fargo in its response to the Kang Trustee's objection,
stated, "[T]he Trustee is actually opposing a plan which pays all
creditors (other than the Lender) in full immediately and leaves
the owners with control over the sale of the Property.  The
Trustee's position favors a plan which proposes to delay payment to
any creditor other than ongoing administrative creditors for three
or more years, despite the availability of abundant cash on hand to
pay unsecured creditors on the effective date.  The Trustee has
been telling this Court that he has been trying to sell the
Property for the past two years.  Why is it in the best interest of
creditors, who have already waited two years during the pendency of
this bankruptcy case, to wait an additional three or more years to
be paid, when the Trustee contends that the Property to be sold is
worth roughly twice the amount that is owing to all creditors?"

A copy of Wells Fargo's Disclosure Statement is available for free
at:

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

A copy of the Kang Trustee's Amended Disclosure Statement is
available for free at:

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

                             Timeline

On Feb. 12, 2015, Raymond A. Yancey, Chapter 11 trustee for the
bankruptcy estates of Min Sik Kang and Man Sun Kang, filed a
proposed Chapter 11 Plan of Reorganization and Disclosure Statement
for Grand Centreville.

On March 6, 2015, creditor Wells Fargo Bank, N.A., as trustee for
the registered holders of JP Morgan Chase Commercial Mortgage
Securities Corp., filed a proposed Chapter 11 plan of
reorganization and disclosure statement for the Debtor.

On April 7, 2015, the Kang Trustee filed his opposition to the
disclosure statement explaining the Secured Creditor's Plan.  On
the same day, Wells Fargo submitted a limited objection to the
approval of the disclosure statement explaining the Kang Trustee's
Plan.

On April 14, 2015, the Court held a hearing to consider the Wells
Fargo Disclosure Statement and Kang Trustee Disclosure Statement.
At the hearing, counsel to the Kang Trustee informed the Court that
it intended to file a first amended plan and disclosure statement.

On April 14, 2015, the Kang Trustee filed his First Amended Plan of
Reorganization and Disclosure Statement.

On April 15, 2015, Judge Mayer entered an order providing that:

  -- The hearing on the Wells Fargo Disclosure Statement is
continued until April 28, 2015, at 2 p.m.;

  -- Any objections to the Amended Kang Trustee Disclosure
Statement will be filed and served on or before April 24, 2015;
and

  -- The hearing on the Amended Kang Trustee Disclosure Statement
will be held on April 28, 2015, at 2:00 p.m.

The Kang Trustee's Special Counsel can be reached at:

         WHITEFORD TAYLOR PRESTON, LLP
         Bradford F. Englander, Esq.
         3190 Fairview Park Drive, Suite 300
         Falls Church, VA 22042
         Telephone: (703) 280-9081
         Facsimile: (703) 280-3370
         E-mail: benglander@wtplaw.com

Wells Fargo's attorneys can be reached at:

         Gregory A. Cross, Esq.
         Frederick W. H. Carter, Esq.
         Catherine G. Allen, Esq.
         VENABLE LLP
         750 E. Pratt Street, Suite 900
         Baltimore, Maryland 21202
         Telephone: (410) 244-7400
         Facsimile: (410) 244-7742
         E-mail: fwhcarter@venable.com

               - and -

         William C. Crenshaw, Esq.
         Mona M. Murphy, Esq.
         AKERMAN LLP
         750 9th Street, N.W., Suite 750
         Washington, DC 20001
         Telephone: (202) 393-6222
         Facsimile: (202) 824-1795
         E-mail: bill.crenshaw@akerman.com

                     About Grand Centreville

Grand Centreville, LLC, filed a Chapter 11 petition (Bankr. E.D.
Va. Case No. 13-13590) on Aug. 2, 2013.  The petition was signed
by Michael L. Schuett, principal of Black Creek Consulting Ltd.,
the receiver.  Judge Robert G. Mayer presides over the case.
Paula S. Beran, Esq., and Lynn L. Tavenner, Esq., at Tavenner &
Beran, PLC, in Richmond, Va., represent the Debtor as counsel.

The Debtor owns the real property located in Fairfax County,
Virginia, commonly known as the Old Centreville Crossing Shopping
Center, together with a 171,631 square foot building thereon. In
its schedules, the Debtor disclosed that its assets total
$40,550,046 and liabilities total $26,247,602 as of the Petition
Date.

Grand Centreville's chapter 11 proceeding is related to the
Chapter 11 proceedings of Min S. Kang and Man S. Kang (Bankr. E.D.
Va. Case No. 10-18839-RGM) filed on Oct. 19, 2010.  Prior to March
16, 2009, the Kangs indirectly owned 100% of the economic
interests in the Debtor and, through their 100% ownership of Grand
Formation, controlled all management rights with respect to Grand
Centreville.  On Jan. 7, 2013, the Court entered an Order
directing the United States Trustee to appoint a chapter 11
trustee for the Kangs' case.  On the same date, the U.S. Trustee
appointed Raymond A. Yancey as chapter 11 trustee for the Kangs'
case, which appointment the Court approved on Jan. 16, 2013.

Wells Fargo Bank N.A., the secured creditor, is represented by
William C. Crenshaw, Esq., and Mona M. Murphy, Esq., at Akerman
LLP.

Special Counsel to Raymond A. Yancey, Chapter 11 Trustee in the
Kangs' Bankruptcy Case is Bradford F. Englander, Esq., at
Whiteford Taylor & Preston, L.L.P.  Counsel for Yeon K. Han is
Timothy J. McGary, Esq.  Counsel for James Y. Sohn is James R.
Schroll, Esq., at Bean, Kinney & Korman, P.C.


GT ADVANCED: DIP Solicitation Period Extended to May 1
------------------------------------------------------
GT Advanced Technologies Inc. on April 21 announced the extension
of the solicitation period in connection with its previously
announced proposed debtor-in-possession term loan facility (the
"DIP Loan Facility").  Following the extension, the solicitation
period will expire at 5:00 p.m., New York City time, on May 1,
2015.

The solicitation process is being conducted in connection with a
commitment letter, dated March 17, between the Company and certain
holders of the Convertible Notes (the "Commitment Letter").  The
Company was authorized to undertake the solicitation process
pursuant to an order of the Bankruptcy Court entered on April 2,
2015.

The Company anticipates that the DIP Loan Facility will provide for
loans in an initial aggregate principal amount of $95.0 million,
and will provide for, or permit, a letter of credit facility
providing for the issuance of letters of credit with the aggregate
face amounts outstanding not to exceed $15.0 million.

The opportunity to participate in the DIP Loan Facility is limited
to those holders of the Company's Convertible Notes as of March 13,
2015 that are (i) qualified institutional buyers, as such term is
defined in Rule 144A under the Securities Act of 1933, as amended
(the "Securities Act"), (ii) institutional accredited investors
within the meaning of Rule 501(a)(1), (2), (3) or (7) under the
Securities Act or (iii) an entity in which all of the equity
investors are such institutional accredited investors.  Eligible
Holders can contact Kurtzman Carson Consultants by telephone at
(917) 281-4800, or by e-mail at GTATInfo@kccllc.com for more
information.

The Company anticipates using the proceeds of the DIP Facility to
fund working capital requirements, pay costs, fees and expenses
incurred in connection with the DIP Loan Facility and the
transactions contemplated thereby and pay other costs and expenses
with respect to the administration of the Company's and certain of
its subsidiaries' Chapter 11 cases.

Except as set forth above, all other terms of the solicitation and
the DIP Loan Facility remain the same.  All holders of the
Company's Convertible Notes who have previously submitted their
commitment to participate in the solicitation do not need to
re-submit such commitment or take any other action in response to
the extension of the solicitation period.

                 About GT Advanced Technologies

Headquartered in Merrimack, New Hampshire, GT Advanced Technologies
Inc. -- http://www.gtat.com/-- produces materials and equipment
for the electronics industry.  On Nov. 4, 2013, GTAT announced a
multiyear supply deal with Apple Inc. to produce sapphire glass
material for use in consumer electronics products.

Under the deal, Apple would provide GTAT with a prepayment of
approximately $578 million paid in four installments and, starting
in 2015, GTAT would reimburse Apple for the prepayment over a
five-year period.

GT is a publicly held corporation whose stock was traded on NASDAQ
under the ticker symbol "GTAT."  GTAT was de-listed from the NASDAQ
stock exchange in October 2014.

As of June 28, 2014, the GTAT Group's unaudited and consolidated
financial statements reflected assets totaling $1.5 billion and
liabilities totaling $1.3 billion.  As of Sept. 29, 2014, GTAT had
$85 million in cash, $84 million of which is unencumbered.

On Oct. 6, 2014, GT Advanced Technologies and eight affiliates
filed voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code (Bankr. D.N.H. Lead Case No. 14-11916).  GT
says that it has sought bankruptcy protection due to a severe
liquidity crisis brought about by its issues with Apple.

The Debtors have tapped Nixon Peabody LLP and Paul Hastings LLP as
attorneys and Kurtzman Carson Consultants LLC as claims and
noticing agent.

The U.S. Trustee has named seven members to the Official Committee
of Unsecured Creditors.  The Committee' professionals are Kelley
Drye as its bankruptcy counsel; Devine, Millimet & Branch,
Professional Association as local counsel; EisnerAmper LLP as
financial advisors; and Houlihan Lokey Capital, Inc. as investment
banker.

GTAT has reached a settlement with Apple.  The settlement gives
Apple an approved claim for $439 million secured by more than 2,000
sapphire furnaces that GT Advanced owns and has four years to sell,
with proceeds going to Apple.  In addition, Apple gets
royalty-free, non-exclusive licenses for GTAT's technology.


HEALTHY BACK STORE: Files for Ch. 11; Auction on May 26
-------------------------------------------------------
The Healthy Back Store, LLC, filed for Chapter 11 bankruptcy
protection (Bankr. D. Md. Case No. 15-14653) on April 1, 2015,
listing total assets of $5.1 million and total liabilities of $6.4
million.  The petition was signed by Anthony Mazlish, CEO.

Rebecca Cooper at the Washington Business Journal reports that the
Company also sought the Bankruptcy Court's permission to sell its
business to Healthy Back Brand Holdings, LLC, a company that is
owned in part by Mr. Mazlish, for more than $3.6 million, subject
to higher and better offers.  According to court filings, the
Company's assets has been scheduled for auction on May 26, with a
hearing for those who object to the sale scheduled for May 27.

The Company said in court documents that it had been trying to
"restructure or sell some or all of its stores" for more than 18
months, and that, "amongst others, the debtor engaged in
discussions with other competitors in the industry and others with
regards to purchasing assets and/or investing equity in the
debtor," but "no offers were received."

Mr. Mazlish is also listed as one of the Company's biggest
creditors, owed almost $219,000, Business Journal adds.

Judge Wendelin I. Lipp presides over the case.

Michael J. Lichtenstein, Esq., at Shulman Rogers Gandal Pordy &
Ecker, PA, serves as the Company's bankruptcy counsel.

                    About Healthy Back Store

Headquartered in Beltsville, Maryland, The Healthy Back Store, LLC,
is a retailer founded in 1994 by its CEO, Tony Mazlish.  It has 11
stores spread between the D.C. area -- including Tysons Corner and
Rockville -- and Kentucky and California.  It also hosts an online
platform for selling its office chairs, mattresses, massage chairs
and other items meant to support a healthy back.


HORIZON PHARMA: Moody's Assigns 'B2' Corporate Family Rating
------------------------------------------------------------
Moody's Investors Service assigned first-time ratings to Horizon
Pharma, Inc., an indirect wholly-owned subsidiary of Dublin,
Ireland-based Horizon Pharma plc, (collectively "Horizon")
including a Corporate Family Rating of B2, a Probability of Default
Rating of B2-PD, a senior secured term loan rating of Ba2, a senior
unsecured note rating of B2, and a Speculative Grade Liquidity
Rating of SGL-2.

The proceeds of the debt offering, together with cash on hand
including proceeds from a recent equity offering, will be used to
fund the acquisition of Hyperion Therapeutics, Inc. ("Hyperion")
for approximately $1.1 billion. This is the first time Moody's has
rated Horizon.

Ratings assigned to Horizon Pharma, Inc.

  -- Corporate Family Rating, B2

  -- Probability of Default Rating, B2-PD

  -- $500 million Senior Secured Term Loan B, Ba2 (LGD 2)

  -- $300 million Senior Unsecured Notes, B2 (LGD 4)

  -- Speculative Grade Liquidity Rating, SGL-2

  -- The outlook is stable.

The B2 Corporate Family Rating reflects Horizon's small size within
the pharmaceutical industry, its limited operating history, and
concentration risk with three drugs generating over 70% of revenue.
The rating also reflects high pro-forma financial leverage with
debt/EBITDA above 5 times including anticipated merger-related
synergies. Horizon has grown quickly over the past 5 quarters
through acquisitions, creating business risks as multiple
organizations are integrated. Horizon has had good near-term
success at increasing the revenue of pain products, Vimovo and
Duexis, but growth potential is limited by reimbursement pressure
and eventual generic competition. To sustain long-term growth,
Horizon will continue to pursue acquisitions with a focus in
specialty products including orphan drugs.

The rating is supported by Horizon's high profit margins, and its
efficient operating structure and low tax rate, which result in
good cash flow. Additional support is provided by solid growth
across key products this year, driving debt/EBITDA to below 5.0x
times over the next 12 months. As orphan disease drugs, Ravicti and
Actimmune will provide the greatest potential for long-term organic
growth with high barriers to entry.

The SGL-2 Speculative Grade Liquidity Rating reflects the company's
good cash flow and high cash balance, despite the lack of a
revolving credit facility.

The rating outlook is stable, reflecting our expectation that key
products will sustain solid growth trends and that debt-to-EBITDA
leverage will fall below 5.0 times over the next 12 months. The
ratings could be upgraded if Horizon, successfully integrates
Hyperion and achieves synergy targets, improves its revenue
diversity through disciplined acquisitions such that the top 3
products represent less than 50% of sales, and sustains debt/EBITDA
below 4.5 times. Conversely, the ratings could be downgraded if
Horizon suffers generic competition on Vimovo, faces unexpected
litigation risks, or performs aggressively financed acquisitions
such that debt/EBITDA is sustained above 5.5 times.

The principal methodology used in these ratings was Global
Pharmaceutical Industry published in December 2012. Other
methodologies used include Loss Given Default for Speculative-Grade
Non-Financial Companies in the U.S., Canada and EMEA published in
June 2009.

Headquartered in Deerfield, Illinois, Horizon Pharma, Inc., is an
indirect wholly-owned subsidiary of Dublin, Ireland-based Horizon
Pharma plc (collectively "Horizon"). Horizon is a publicly-traded
specialty pharmaceutical company marketing products in arthritis,
inflammation and orphan diseases.


ICTS INTERNATIONAL: Delays 2014 Financial Statements
----------------------------------------------------
ICTS International, N.V. filed with the U.S. Securities and
Exchange Commission a Notification of Late Filing on Form 12b-25
with respect to its annual report on Form 20-F for the year ended
Dec. 31, 2014.  The Company together with its auditors are in the
final stages of completing the financial statements.

                      About ICTS International

ICTS International N.V. is a public limited liability company
organized under the laws of The Netherlands in 1992.

ICTS specializes in the provision of aviation security and other
aviation services.  Following the taking of its aviation security
business in the United States by the TSA in 2002, ICTS, through
its subsidiary Huntleigh U.S.A. Corporation, engages primarily in
non-security related activities in the USA.

ICTS, through I-SEC International Security B.V., supplies aviation
security services at airports in Europe and the Far East.

In addition, I-SEC Technologies B.V. including its subsidiaries
develops technological systems and solutions for aviation and non?
aviation security.

ICTS International reported a net loss of $3.43 million on $125.7
million of revenue for the year ended Dec. 31, 2013, as compared
with a net loss of $9.01 million on $96.8 million of revenue
during the prior year.  As of June 30, 2014, the Company had $33.2
million in total assets, $76.09 million in total liabilities and a
$42.9 million total shareholders' deficit.

Mayer Hoffman McCann CPAs, in New York, 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 a history of recurring losses from continuing
operations, negative cash flows from operations and a working
capital and shareholders' deficit.  Collectively, these conditions
raise substantial doubt about the Company's ability to continue as
a going concern.


INTERNATIONAL WIRE: Moody's Says Note Offering is Credit Negative
-----------------------------------------------------------------
Moody's said that International Wire Group Holdings, Inc.'s
issuance of $26 million senior unsecured PIK toggle notes is credit
negative, but it does not impact the company's ratings, including
its B2 corporate family rating and B3 rating on the $250 million
8.5% senior secured notes due 2017 issued by its operating
subsidiary, International Wire Group, Inc., or stable outlook.

International Wire manufactures and markets copper wire products
including bare, silver-plated, nickel-plated and tin-plated copper
wire, engineered wire products and high performance conductors, for
other wire suppliers, distributors and original equipment
manufacturers. In 2014, the company generated approximately $767
million in revenues.


INTRAWEST RESORTS: Moody's B2 CFR Unaffected by Loan Re-pricing
---------------------------------------------------------------
Moody's Investors Service said that Intrawest Resorts Holdings,
Inc.'s proposed re-pricing of its approximately $593 million first
lien term loan is a moderate credit positive, but it does not
impact the company's B2 Corporate Family Rating or stable rating
outlook.

Intrawest Resorts Holdings, Inc. (Intrawest), headquartered in
Denver, Colorado, is one of North America's premier mountain resort
and adventure companies and is publicly traded under the symbol
"SNOW" on the NASDAQ stock exchange. Intrawest operates three
reportable segments through its subsidiaries including Mountain
(76% of FY14 segment revenues pro forma for 100% ownership of Blue
Mountain), Adventure (15%), and Real Estate (9%). The Mountain
segment includes six ski resorts in the US and Canada including;
Steamboat and Winter Park in Colorado, Stratton in Vermont,
Snowshoe in West Virginia, Tremblant in Quebec, and Blue Mountain
in Ontario. The company also owns a 15% interest in Mammoth
Mountain in California, as well as Canadian Mountain Holidays
(CMH), which is a heli-skiing operator and aviation business, and a
comprehensive set of real estate businesses. Real estate includes
the management, marketing and sales of vacation club properties
through Intrawest Resort Club Group (IRCG), management of
condo/hotel properties through Intrawest Hospitality Management
(IHM), and sales and marketing of residential real estate through
Playground. Following the IPO Intrawest remains beneficially owned
by Fortress Investment Group, which maintains 60.1% of the voting
and economic equity interests of the company. Based on the
mid-point of preliminary revenue guidance for the twelve month
period ended March 31, 2015, the company generated $572 million in
revenues.


IRISH BANK: Liquidators to Sell Boston's Mandarin Hotel
-------------------------------------------------------
Joseph Checkler, writing for Daily Bankruptcy Review, reported that
liquidators of Irish Bank Resolution Corp., or IBRC, filed papers
with the U.S. Bankruptcy Court in Wilmington, Del., asking a
bankruptcy judge to approve procedures for an auction of Boston's
Mandarin Hotel, along with retail property that connects the
Mandarin to the Prudential Center on Boston's Back Bay.

According to the report, bids would be due in early September, with
an auction set for Sept. 11.  A hearing on the auction procedures
is set for May 11, the report said.

                    About Irish Bank Resolution

Irish Bank Resolution Corp., the liquidation vehicle for what was
once one of Ireland's largest banks, filed a Chapter 15 petition
(Bankr. D. Del. Case No. 13-12159) on Aug. 26, 2013, to protect
U.S. assets of the former Anglo Irish Bank Corp. from being
seized by creditors.  Irish Bank Resolution sought assistance
from the U.S. court in liquidating Anglo Irish Bank Corp. and
Irish Nationwide Building Society.  The two banks failed and were
merged into IBRC in July 2011.  IBRC is tasked with winding them
down and liquidating their assets.  In February, when Irish
lawmakers adopted the Irish Bank Resolution Corp., IBRC was
placed into a special liquidation in the Irish High Court to
complete liquidation and distribution of the two banks' assets.

IBRC's principal asset as of June 2012 was a loan portfolio
valued at some EUR25 billion (US$33.5 billion). About 70 percent
of the loans were to Irish borrowers. Some 5 percent of the
portfolio was under U.S. law, according to a court filing.  Total
liabilities in June 2012 were about EUR50 billion, according
to a court filing.

Most assets in the U.S. have been sold already.  IBRC is involved
in lawsuits in the U.S.

IBRC was granted protection under Chapter 15 of the U.S.
Bankruptcy Code in December 2013.

Kieran Wallace and Eamonn Richardson of KPMG have been named the
special liquidators.

                       About Anglo Irish

Anglo Irish Bank was an Irish bank headquartered in Dublin from
1964 to 2011.  It went into wind-down mode after nationalization
in 2009.  In July 2011, Anglo Irish merged with the Irish
Nationwide Building Society, with the new company being named the
Irish Bank Resolution Corporation (IBRC).

Standard & Poor's Ratings Services said that it lowered its long-
and short-term counterparty credit ratings on Irish Bank
Resolution Corp. Ltd. (IBRC) to 'D/D' from 'B-/C'.   S&P also
lowered the senior unsecured ratings to 'D' from 'B-'.  S&P then
withdrew the counterparty credit ratings, the senior unsecured
ratings, and the preferred stock ratings on IBRC.  At the same
time, S&P affirmed its 'BBB+' issue rating on three government-
guaranteed debt issues.

The rating actions follow the Feb. 6, 2013, announcement that the
Irish government has liquidated IBRC.

The former Irish bank sought protection from creditors under
Chapter 15 of the U.S. Bankruptcy Code on Aug. 26, 2013 (Bankr.
D. Del., Case No. 13-12159).  The former bank's Foreign
Representatives are Kieran Wallace and Eamonn Richardson.  Its
U.S. bankruptcy counsel are Mark D. Collins, Esq., and Jason M.
Madron, Esq., at Richards, Layton & Finger, P.A., in Wilmington,
Delaware.


LEHMAN BROTHERS: Delinquent Forms Hold Up Distributions
-------------------------------------------------------
Sara Randazzo, writing for Daily Bankruptcy Review, reported that
Lehman Brothers Holdings Inc. says it has $12 million it wants to
pay out to creditors -- but can't -- because the people and
companies might be on the government's sanctions list.

According to the report, the money is being held for the final 460
creditors with claims in the Lehman Brothers Holdings liquidation.
Already, nearly $100 billion has been distributed to more than 96%
of creditors, the DBR report said, citing a court filing made in
U.S. Bankruptcy Court in Manhattan.

                     About Lehman Brothers

Lehman Brothers Holdings Inc. -- http://www.lehman.com/-- was   
the fourth largest investment bank in the United States.  For
more than 150 years, Lehman Brothers has been a leader in the
global financial markets by serving the financial needs of
corporations, governmental units, institutional clients and
individuals worldwide.

Lehman Brothers filed for Chapter 11 bankruptcy Sept. 15, 2008
(Bankr. S.D.N.Y. Case No. 08-13555).  Lehman's bankruptcy
petition disclosed US$639 billion in assets and US$613 billion in
debts, effectively making the firm's bankruptcy filing the
largest in U.S. history.  Several other affiliates followed
thereafter.

Affiliates Merit LLC, LB Somerset LLC and LB Preferred Somerset
LLC sought for bankruptcy protection in December 2009.

The Debtors' bankruptcy cases are handled by Judge James M. Peck.
Harvey R. Miller, Esq., Richard P. Krasnow, Esq., Lori R. Fife,
Esq., Shai Y. Waisman, Esq., and Jacqueline Marcus, Esq., at
Weil, Gotshal & Manges, LLP, in New York, represent Lehman.  Epiq
Bankruptcy Solutions serves as claims and noticing agent.

Dennis F. Dunne, Esq., Evan Fleck, Esq., and Dennis O'Donnell,
Esq., at Milbank, Tweed, Hadley & McCloy LLP, in New York, serve
as counsel to the Official Committee of Unsecured Creditors.  
Houlihan Lokey Howard & Zukin Capital, Inc., is the Committee's
investment banker.

On Sept. 19, 2008, the Honorable Gerard E. Lynch of the U.S.
District Court for the Southern District of New York, entered an
order commencing liquidation of Lehman Brothers, Inc., pursuant
to the provisions of the Securities Investor Protection Act (Case
No. 08-CIV-8119 (GEL)).  James W. Giddens has been appointed as
trustee for the SIPA liquidation of the business of LBI.

The Bankruptcy Court approved Barclays Bank Plc's purchase of
Lehman Brothers' North American investment banking and capital
markets operations and supporting infrastructure for US$1.75
billion.  Nomura Holdings Inc., the largest brokerage house in
Japan, purchased LBHI's operations in Europe for US$2 plus the
retention of most of employees.  Nomura also bought Lehman's
operations in the Asia Pacific for US$225 million.

Lehman emerged from bankruptcy protection on March 6, 2012, more
than three years after it filed the largest bankruptcy in U.S.
history.  The Chapter 11 plan for the Lehman companies other than
the broker was confirmed in December 2011.

As of Oct. 2, 2014, Lehman's total distributions to unsecured
creditors have amounted to $92.0 billion.  As of Sept. 30, 2014,
the brokerage trustee has substantially completed customer claims
distributions, distributing more than $106 billion to 111,000
customers.


LEVI STRAUSS: Moody's Assigns Ba2 Rating on $475MM Sr. Global Notes
-------------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to Levi Strauss &
Co's ("LS&Co") proposed offering of up to $475 million notes due
2025. The net proceeds from the offering are expected to be used,
together with cash on hand and borrowings under its revolving
credit facility to redeem LS&CO's 7.625% Notes due 2020 and other
general corporate purposes. There is no change to the Ba1 Corporate
Family Rating of LS&CO. The rating outlook is stable.

"The proposed transaction will lengthen LS&CO's debt maturity
profile and provide some interest savings" said Moody's Vice
President Scott Tuhy. He added "the maturity lengthening and
interest savings on LS&CO's debt although a positive, have a
negligible impact on the company's credit metrics".

Ratings Assigned:

  -- Senior Global Notes, at Ba2 (LGD4)

LS&Co's Ba1 rating reflects its moderate leverage - with
debt/EBITDA in the mid 3 times range for the company's latest
fiscal year end period ending November 30,2014 - as the company has
utilized operating cash flow to reduce debt, and our expectation
that debt levels will continue to modestly fall in the next 12-18
months. The rating also reflects the company's good profitability
with low double-digit EBITDA margins, and Moody's expect the
company's recent cost saving initiatives will enable it to drive
stronger margins in the near to intermediate term. The ratings
reflect the iconic nature of the Levi's brands, its global reach
with sales in over 110 countries and meaningful scale with net
revenues near $4.8 billion. The rating is constrained by the
company's limited product diversification with men's slacks
accounting for the significant majority of net revenues and its
inconsistent track record expanding into other product categories,
such as women's, in a meaningful way. Moody's expect the company to
maintain its strong commitment to strong financial metrics,
balanced financial policies and that it will maintain dividend
payouts consistent with recent levels and the rating reflects the
recent extension of its stockholders' agreement. The rating also
reflects the company's exposure to volatile input costs which can
have a meaningful impact on earnings and cash flows.

The stable rating outlook reflects our expectations that LS&Co will
continue to show improved metrics over the next 12 to 18 months as
it continues to deleverage and execute on key initiatives, and that
these initiatives will offset the negative impact of the
strengthening USD which may negative impact results, as was
evidence in the past quarter.

Ratings could be upgraded if the company can show sustained
constant-currency revenue growth, which would evidence that it is
maintaining its market share and has stabilized areas such as its
women's business, and profit margins remain stable, indicating that
cost savings measures are effective. Quantitatively, ratings could
be upgraded if debt/EBITDA was sustained below 2.75 times and
EBITA/interest expense was sustained above 4.25 times. While
maintaining a very good liquidity profile and balanced financial
policies.

In view of the rating upgrade, a downgrade is unlikely in the near
term. Ratings could be downgraded if the company were to see
negative trends in revenue, which would indicated that it is losing
market share, or margins were to erode, which would indicate that
its cost saving programs are not having the expected impact on
profitability. Ratings could be downgraded if the company's
financial policies were to become more aggressive such as utilizing
debt to fund shareholder distributions. Quantitatively the ratings
could be downgraded if Moody's expected debt/EBITDA to be sustained
above 3.25 times or interest coverage sustained below 3.25 times.

The principal methodology used in these ratings was Global Apparel
Companies published in May 2013. Other methodologies used include
Loss Given Default for Speculative-Grade Non-Financial Companies in
the U.S., Canada and EMEA published in June 2009.

Headquartered in San Francisco, California, Levi Strauss & Co.
(":LS & CO") designs and markets jeans, casual wear and related
accessories under the "Levi's", "Dockers", "Signature by Levi
Strauss & Co." and "Denizen" brands. The company sells product in
more than 110 countries through chain retailers, department stores,
online sites and franchised and company-owned stores. Levi Strauss
& Co.'s net revenues are near $4.8 billion.


LOMAX HACKING: Case Summary & Largest Unsecured Creditors
---------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

      Debtor                                  Case No.
      ------                                  --------
      Lomax Hacking Corp.                     15-41787
      1655 Flatbush Avenue, Suite C1604
      Brooklyn, NY 11210

      Loup Hacking Corp.                      15-41788
      1655 Flatbush Avenue, Suite C1604
      Brooklyn, NY 11210

      Phanero Hacking Corp.                   15-41789
      1655 Flatbush Avenue, Suite C1604
      Brooklyn, NY 11210

      Sice Mois Hacking Corp.                 15-41790
      1655 Flatbush Avenue, Suite C1604
      Brooklyn, NY 11210     
  
      Topush Hacking Corp.                    15-41791
      1655 Flatbush Avenue, Suite C1604
      Brooklyn, NY 11210

Chapter 11 Petition Date: April 21, 2015

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

Judge: Hon. Nancy Hershey Lord [15-41787, 15-41788, 15-41790,
                                15-41791]
       Hon. Elizabeth S. Stong [15-41789]

Debtors' Counsel: Jeremy S Sussman, Esq.
                  THE LAW OFFICES OF JEREMY S. SUSSMAN
                  225 Broadway, Suite 3800
                  New York, NY 10007
                  Tel: 646-322-8373
                  Email: sussman@sussman-legal.com

                                     Estimated   Estimated
                                      Assets    Liabilities
                                    ----------  -----------
Lomax Hacking Corp.                 $1MM-$10MM   $1MM-$10MM
Loup Hacking Corp.                  $1MM-$10MM   $1MM-$10MM
Phanero Hacking Corp.               $1MM-$10MM   $1MM-$10MM
Sice Mois Hacking                   $1MM-$10MM   $1MM-$10MM
Topush Hacking Corp.                $1MM-$10MM   $1MM-$10MM

The petitions were signed by Widmarck Paul, president.

A list of Lomax Hacking Corp.'s two largest unsecured creditors is
available for free at http://bankrupt.com/misc/nyeb15-41787.pdf

A list of Loup Hacking Corp.'s four largest unsecured creditors is
available for free at http://bankrupt.com/misc/nyeb15-41788.pdf

A list of Phanero Hacking Corp.'s largest unsecured creditor is
available for free at http://bankrupt.com/misc/nyeb15-41789.pdf

A list of Sice Mois Hacking's three largest unsecured creditors is
available for free at http://bankrupt.com/misc/nyeb15-41790.pdf

A list of Topush Hacking Corp.'s largest unsecured creditor is
available for free at http://bankrupt.com/misc/nyeb15-41791.pdf


LONG ISLAND BANANA: Owner Charged with Pension Looting
------------------------------------------------------
Stephanie Gleason, writing for The Wall Street Journal, reported
that Thomas Hoey Jr., the owner of bankrupt Long Island Banana
Corp., is facing a federal criminal indictment on charges that he
looted his employees' pension plan.

According to the report, the U.S. Attorney for the Southern
District of New York alleged in court papers that Mr. Hoey drained
an employee profit-sharing plan set up in 2003 of $838,000 by the
end of 2012 by allegedly transferring the money to the company's
corporate bank account to pay wholesalers and his personal
credit-card bill.  The charges come on top of another criminal case
related to drugs and the death of a sexual partner, the report
related.

Lynbrook, New York-based Long Island Banana Corp. sought protection
under Chapter 11 of the Bankruptcy Code on April 3, 2014 (Case No.
14-71443, Bankr. E.D.N.Y.).  The case was assigned to Judge Robert
E. Grossman.  The Debtor's counsel is Gary M Kushner, Esq., at
Goetz Fitzpatrick LLP, in New York.


MAA-SHARDA INC: Bankruptcy Court Abstains From Hearing Suit
-----------------------------------------------------------
In the case captioned MAA-SHARDA, INC. and HINABEN P. PATEL,
Plaintiffs, v. FIRST CITIZENS BANK & TRUST CO., INDUS PVR, LLC, J.
BARRY DUMSER, and GOONJIT "JETT" MEHTA, Defendants, BANKRUPTCY CASE
NO. 14-21380-PRW, ADVERSARY PROCEEDING NO. 15-2003-PRW (W.D. N.Y.),
Bankruptcy Judge Paul R. Warren granted defendants' motions for
abstention and remanded the case to the New York State Supreme
Court, Ontario County, for adjudication.

On November 8, 2014, MAA-Sharda, dba Best Western Victor Inn &
Suites, filed a voluntary Chapter 11 bankruptcy petition (Bankr.
W.D.N.Y. Case No. 14-21380).   A copy of the petition is available
at http://bankrupt.com/misc/nywb14-21380.pdf David H. Ealy, Esq.,
at Trevett, Cristo, Salzer & Andolina P.C., serves as the Debtor's
counsel.

On February 4, 2015, a State Court action commenced in the New York
State Supreme Court was removed to the bankruptcy court.  The
defendants filed substantially similar motions seeking to have the
bankruptcy court abstain and remand.

The bankruptcy court found that permissive abstention is warranted
with respect to the removed action under 28 U.S.C. Section
1334(c)(1), in addition to and as an alternative to mandatory
abstention under 28 U.S.C. Section 1304(c)(2).

In a decision and order dated April 9, 2015 which is available at
http://is.gd/T3zeChfrom Leagle.com, Judge Warren granted
defendants' motions and remanded the case to the New York State
Supreme Court, Ontario County.


MF GLOBAL: Trustee's $480M General Creditor Payout Approved
-----------------------------------------------------------
A New York federal judge on April 15 allowed the trustee winding
down MF Global Inc. to return more than $480 million to unsecured
creditors of the failed broker-dealer, a spokesman for the trustee
confirmed to Law360.

Law360 said the newly approved distributions will yield general
unsecured creditors a nearly 75 percent recovery rate, said Kent
Jarrell, spokesman for liquidating trustee James Giddens. That
would bring the amount they have received from the defunct firm's
liquidation to almost $1 billion.

                          About MF Global

New York-based MF Global -- http://www.mfglobal.com/-- was one of
the world's leading brokers of commodities and listed derivatives.
MF Global provides access to more than 70 exchanges around the
world.  The firm also was one of 22 primary dealers authorized to
trade U.S. government securities with the Federal Reserve Bank of
New York.  MF Global's roots go back nearly 230 years to a sugar
brokerage on the banks of the Thames River in London.

On Oct. 31, 2011, MF Global Holdings Ltd. and MF Global Finance
USA Inc. filed voluntary Chapter 11 petitions (Bankr. S.D.N.Y.
Case Nos. 11-15059 and 11-5058), after a planned sale to
Interactive Brokers Group collapsed.  As of Sept. 30, 2011, MF
Global had $41,046,594,000 in total assets and $39,683,915,000 in
total liabilities.

On Nov. 7, 2011, the United States Trustee appointed the statutory
creditors' committee in the Debtors' cases.  At the behest of the
Statutory Creditor's Committee, the Court directed the U.S.
Trustee to appoint a chapter 11 trustee.  On Nov. 28, 2011, the
Bankruptcy Court entered an order approving the appointment of
Louis J. Freeh, Esq., of Freeh Group International Solutions, LLC,
as Chapter 11 trustee.

On Dec. 19, 2011, MF Global Capital LLC, MF Global Market Services
LLC and MF Global FX Clear LLC filed voluntary Chapter 11
petitions (Bankr. S.D.N.Y. Case Nos. 11-15808, 11-15809 and
11-15810).  On Dec. 27, the Court entered an order installing Mr.
Freeh as Chapter 11 Trustee of the New Debtors.

On March 2, 2012, MF Global Holdings USA Inc. filed a voluntary
Chapter 11 petition (Bankr. S.D.N.Y. Case No. 12-10863), and Mr.
Freeh also was installed as its Chapter 11 Trustee.

Judge Honorable Martin Glenn presides over the Chapter 11 case.
J. Gregory Milmoe, Esq., Kenneth S. Ziman, Esq., and J. Eric
Ivester, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, serve
as bankruptcy counsel.  The Garden City Group, Inc., serves as
claims and noticing agent.  The petition was signed by Bradley I.
Abelow, Executive Vice President and Chief Executive Officer of MF
Global Finance USA Inc.

The Chapter 11 Trustee has tapped (i) Freeh Sporkin & Sullivan
LLP, as investigative counsel; (ii) FTI Consulting Inc., as
restructuring advisors; (iii) Morrison & Foerster LLP, as
bankruptcy counsel; and (iv) Pepper Hamilton as special counsel.

The Official Committee of Unsecured Creditors has retained
Capstone Advisory Group LLC as financial advisor, while lawyers at
Proskauer Rose LLP serve as counsel.

The Securities Investor Protection Corporation commenced
liquidation proceedings against MF Global Inc. to protect
customers.  James W. Giddens was appointed as trustee pursuant to
the Securities Investor Protection Act.  He is a partner at Hughes
Hubbard & Reed LLP in New York.

Jon Corzine, the former New Jersey governor and co-CEO of
Goldman Sachs Group Inc., stepped down as chairman and chief
executive officer of MF Global just days after the bankruptcy
filing.

In April 2013, the Bankruptcy Court approved MF Global Holdings'
plan to liquidate its assets.  Bloomberg News reported that the
court-approved disclosure statement initially told
creditors with $1.134 billion in unsecured claims against the
parent holding company why they could expect a recovery of 13.4%
to 39.1% from the plan.  As a consequence of a settlement with
JPMorgan, supplemental materials informed unsecured creditors
their recovery was reduced to the range of 11.4% to 34.4%.  Bank
lenders will have the same recovery on their $1.174 billion claim
against the holding company.  As a consequence of the settlement,
the predicted recovery became 18% to 41.5% for holders of $1.19
billion in unsecured claims against the finance subsidiary,
one of the companies under the umbrella of the holding company
trustee.  Previously, the predicted recovery was 14.7% to 34% on
bank lenders' claims against the finance subsidiary.



MJS LAS CROABAS: Castellanos' Bid for Stay Pending Appeal Denied
----------------------------------------------------------------
In the bankruptcy case of MJS Las Croabas Properties, Inc.,
Bankruptcy Judge Enrique S. Lamoutte denied the Motion for Stay
Pending Appeal filed by the Castellanos Group Law Firm L.L.C.

On March 13, 2015, the court entered an Opinion and Order
sanctioning Ms. Anabelle Quinones-Rodriguez and the Castellanos Law
Firm jointly and severally to pay the excess costs, expenses and
fees in favor of the FDIC and the Chapter 7 Trustee.

On March 20, 2015, the Castellanos Law Firm filed a Notice of
Appeal of the Opinion and Order to the Bankruptcy Appellate Panel
for the First Circuit.  On April 6, 2015, the Castellanos Law Firm
filed a Motion for Leave to File Motion to Stay Proceedings Pending
Appeal in Excess of Ten Pages, and the Motion for Stay Pending
Appeal.

The court was not persuaded that the Castellanos Law Firm will
likely succeed on the merits of the appeal.  It also found that the
Castellanos Law Firm has not demonstrated a strong probability that
it will be injured if the court fails to act at this juncture as
the court has not yet imposed sanctions.  Accordingly, the Motion
for Stay Pending Appeal was denied.

A copy of the April 8, 2015 opinion and order is available at
http://is.gd/u2FcVpfrom Leagle.com.

                       About MJS Las Croabas

MJS Las Croabas Properties, Inc., is a real estate company formed
in 2004 for the purpose of purchasing real property and
constructing residential units for marketing and resale to third
parties in a development located in Fajardo, Puerto Rico.  The
company filed for Chapter 11 protection (Bankr. D.P.R. Case No.
12-05710) on July 19, 2012.  The case was converted to Chapter 7 on
September 13, 2012.


MODERN METAL: Court Rules in Favor of Virtual Engineering
---------------------------------------------------------
Bankruptcy Judge Thomas M. Lynch ruled in favor of the defendant in
the case captioned Modern Metal Products Co., Plaintiff, v. Virtual
Engineering, Inc., Defendant, BANKRUPTCY NO. 08-B-73908, ADVERSARY
NO. 09-A-96243 (N.D. Ill.)

Modern Metal Products Co., an Illinois-based auto-parts maker,
sought chapter 11 protection (Bankr. N.D. Ill. Case No. 08-73908)
on Dec. 1, 2008, disclosing $34.6 million in assets and debt of
$43.6 million as of its bankruptcy filing.  Patrick F. Ross, Esq.,
and R. Scott Alsterda, Esq., at Ungaretti & Harris LLP in Chicago,
represented the Debtor.  Modern Metal initially operated as a
debtor in possession, but between January 2009 and October 2009
sold substantially all of its assets.  On December 30, 2009, the
court granted Modern Metal's voluntary motion to convert to Chapter
7.  

The Chapter 7 Trustee sought to avoid and recover a transfer to
Virtual Engineering Inc. as a preferential transfer under 11 U.S.C.
Sections 547 and 550.  He further sought to disallow Virtual
Engineering's proof of claim pursuant to 11 U.S.C. Section 502(d)
unless and until the preference is repaid to the estate.

In a April 8, 2015 memorandum opinion available at
http://is.gd/aPyCVMfrom Leagle.com, Judge Lynch found that the
entire preferential transfer at issue is subject to valid
affirmative defenses, and entered judgment in Virtual Engineering's
favor.


MOMENTIVE PERFORMANCE: Has $60-Mil. Net Loss in 2014
----------------------------------------------------
Momentive Performance Materials Inc. reported a net loss of $60
million on $465 million of net sales for the year ended Dec. 31,
2014, compared with a net loss of $467 million on $2.4 billion of
net sales in the prior year.

The Company's balance sheet at Dec. 31, 2014, showed $2.88 billion
in total assets, $2.11 billion in total liabilities and total
stockholders' equity of $769 million.

In 2014, operating income decreased $157 million, from income of
$31 million to a loss of $126 million, compared to 2013.  Cost of
sales (excluding depreciation and amortization of $14 million in
the successor period from Oct. 25, 2014 through Dec. 31, 2014 due
to the change in presentation of depreciation and amortization, as
described in Note 1 to the Consolidated Financial Statements in
Item 8 of Part II of this Annual Report on Form 10-K) increased by
$95 million compared to 2013.  The increase was primarily due to an
increase in volumes and price and mix shift, which were primarily
driven by the increase in net sales.  Cost of sales was also
negatively impacted by price inflation in certain key raw materials
during 2014 which the Company was unable to absorb.  These
increases were partially offset by productivity improvements and
favorable exchange rate fluctuations driven by the strengthening of
the U.S. dollar against the euro and Japanese yen.  Selling,
general and administrative expense (excluding depreciation and
amortization of $8 million due to the presentation change)
increased by $133 million compared to 2013.  The increase was
driven by unrealized foreign currency losses of approximately $94
million related to certain intercompany arrangements for which the
Company was unable to assert permanent reinvestment during the
predecessor period from Jan. 1, 2014 through Oct. 24, 2014 due to
the substantial doubt about its ability to continue as a going
concern under its prior capital structure.

A copy of the Form 10-K filed with the U.S. Securities and Exchange
Commission is available at:
                              
                       http://is.gd/A2d9bK
                          
                   About Momentive Performance

Momentive Performance is one of the world's largest producers of
silicones and silicone derivatives, and is a global leader in the
development and manufacture of products derived from quartz and
specialty ceramics.  Momentive has a 70-year history, with its
origins as the Advanced Materials business of General Electric
Company.  In 2006, investment funds affiliated with Apollo Global
Management, LLC, acquired the company from GE.

As of Dec. 31, 2013, the Company had 4,500 employees worldwide, of
which 46% of the Company's employees are members of a labor union
or are represented by workers' councils that have collective
bargaining agreements.

Momentive Performance Materials Inc., Momentive Performance
Materials Holdings Inc., and their affiliates sought Chapter 11
protection (Bankr. S.D.N.Y. Lead Case No. 14-22503) on April 14,
2014, with a deal with noteholders on a balance-sheet
restructuring.

As of Dec. 31, 2013, the Debtors had $4.11 billion of outstanding
indebtedness, including payments due within the next 12 months and
short-term borrowings.  The Debtors said that the restructuring
will eliminate $3 billion in debt.

The Debtors have tapped Willkie Farr & Gallagher LLP as bankruptcy
counsel with regard to the filing and prosecution of these chapter
11 cases; Sidley Austin LLP as special litigation counsel; Moelis
& Company LLC as financial advisor and investment banker;
AlixPartners, LLP as restructuring advisor; PricewaterhouseCoopers
as auditor; and Crowe Horwath LLP as benefit plan auditor.
Kurtzman Carson Consultants LLC is the notice and claims agent.

The Court entered an order confirming the Plan on Sept. 11, 2014.

The Official Committee of Unsecured Creditors tapped Klee, Tuchin,
Bogdanoff & Stern LLP serves as its counsel; FTI Consulting, Inc.,
as its financial advisor; and Rust Consulting Omni Bankruptcy
serves as its information agent.

Wilmington Trust, National Association, the Trustee for the
Momentive Performance Materials Inc. 10% Senior Secured Notes due
2020 -- 1.5 Lien Notes -- under the Indenture, dated as of May 25,
2012, by and between Momentive Performance, and The Bank of New
York Mellon Trust Company, National Association, is represented by
Mark R. Somerstein, Esq., Mark I. Bane, Esq., and Stephen Moeller-
Sally, Esq., at Ropes & Gray LLP.

U.S. Bank National Association -- as successor Indenture Trustee
under the indenture dated as of Dec. 4, 2006, among Momentive
Performance, the Guarantors named in the Indenture, and Wells
Fargo Bank, N.A. as initial trustee, governing the 11.5% Senior
Subordinated Notes due 2016 -- is represented in the case by
Susheel Kirpalani, Esq., Benjamin I. Finestone, Esq., David L.
Elsberg, Esq., Robert Loigman, Esq., K. John Shaffer, Esq., and
Matthew R. Scheck, Esq., at Quinn Emanuel Urquhart & Sullivan,
LLP; and Clark Whitmore, Esq., and Ana Chilingarishvili, Esq., at
Maslon Edelman Borman & Brand, LLP.

BOKF, NA -- as successor First Lien Trustee to The Bank of New
York Mellon Trust Company, N.A., as trustee under an indenture
dated as of Oct. 25, 2012, for the 8.875% First-Priority Senior
Secured Notes due 2020 issued by Momentive Performance and
guaranteed by certain of the debtors -- is represented by Michael
J. Sage, Esq., Brian E. Greer, Esq., and Mauricio A. Espana, Esq.,
at Dechert LLP.

Counsel to Apollo Global Management, LLC and certain of its
affiliated funds are Ira S. Dizengoff, Esq., Philip C. Dublin,
Esq., Abid Qureshi, Esq., Deborah J. Newman, Esq., and Ashleigh L.
Blaylock, Esq., at Akin Gump Strauss Hauer & Feld LLP.

Attorneys for Ad Hoc Committee of Second Lien Noteholders are
Dennis F. Dunne, Esq., Michael Hirschfeld, Esq., and Samuel A.
Khalil, Esq., at Milbank, Tweed, Hadley & McCloy LLP.

The Debtors' Chapter 11 plan of reorganization became effective as
of Oct. 24, 2014.

                        *     *     *

The Troubled Company Reporter, on Dec. 29, 2014, reported that
Standard & Poor's Ratings Services assigned a 'B-' corporate
credit rating to Momentive Performance Materials Inc. (MPM).  The
outlook is stable.  At the same time, S&P assigned a 'B' issue
rating and '2' recovery rating to the company's $1.1 billion 3.88%
first-priority senior secured notes due 2021.  In addition, S&P
assigned a 'B-' issue rating and '4' recovery rating to the
company's $250 million 4.69% second-priority senior secured notes
due 2022.

The TCR, on Jan. 20, 2015, reported that Moody's Investors Service
has assigned a corporate family rating (CFR) of B3 and a
probability of default rating (PDR) of B3-PD to Momentive
Performance Materials Inc. Concurrently, Moody has assigned a B3
rating to Momentive's $1.1 billion, at 3.88%, first-lien senior
secured notes due 2021; and a Caa2 rating to Momentive's $250
million, at 4.69%, second-lien senior secured notes due 2022.
Moody's has also assigned an SGL-3 speculative grade liquidity
rating. The outlook on the ratings is stable.


MOTORS LIQUIDATION: Court Decides on "Threshold Issues"
-------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York
rendered a decision addressing a number of "threshold issues" that
stem from a series of motions filed by General Motors Company,
which motions collectively seek to enjoin numerous actions filed by
various plaintiffs against New GM.  These actions assert claims for
economic losses and personal injuries arising from various recalls
initiated by New GM, or from the underlying condition of the
vehicles subject to these recalls.  The Motors Liquidation Company
GUC Trust has appeared as a party in interest in the litigation
relating to the Motions to Enforce.

Since the beginning of 2014, New GM had recalled approximately 2.6
million vehicles to repair ignition switches or to fix ignition
lock cylinders and had recalled an additional 33.4 million vehicles
to address certain electrical and other safety concerns. New GM
also disclosed that, as of Jan. 30, 2015, (i) 108 putative class
actions had been filed against New GM in various federal and state
courts seeking compensatory and other damages for economic losses
allegedly resulting from one or more of the recalls announced in
2014 and/or the underlying condition of the Recalled Vehicles, and
(ii) 104 putative class actions had been filed against New GM in
various federal and state courts seeking compensatory and other
damages for personal injury and other claims allegedly arising from
accidents that occurred as a result of the underlying condition of
Recalled Vehicles.

Many of the Recalled Vehicles were manufactured or sold prior to
July 10, 2009, the date on which the sale of substantially all of
the assets of Motors Liquidation Company (f/k/a General Motors
Corporation) to New GM was completed pursuant to an order of the
Court.  Under the Sale Order, all product liability and property
damage claims arising from accidents or incidents prior to the
Closing Date were to remain with Old GM as general unsecured
claims.

Beginning on April 21, 2014, New GM filed its Motions to Enforce
with the Court, seeking to enjoin the Recall-Related Actions that
concern Recalled Vehicles designed, manufactured or sold prior to
the Sale Closing Date, except for certain personal injury and
property damage actions relating to accidents involving such
Recalled Vehicles which occurred after the Sale Closing Date,
through the Court's enforcement of the Sale Order.  Beginning on
May 16, 2014, the Court entered a series of scheduling orders which
identified a number of "threshold issues" to be resolved by the
Court, including (i) whether plaintiffs' procedural due process
rights were violated in connection with the Sale, (ii) if such due
process rights were violated, what is the appropriate remedy, (iii)
whether any or all of the claims asserted in the Subject
Recall-Related Actions are claims against Old GM and/or the GUC
Trust, and (iv) whether any claims against Old GM and/or the GUC
Trust should be dismissed as equitably moot.  The GUC Trust
appeared as a party in interest with respect to New GM's Motions to
Enforce and filed briefs in opposition thereto, asserting that none
of the claims of the plaintiffs in the Subject Recall-Related
Actions may be properly asserted against Old GM or the GUC Trust.

While none of the plaintiffs in the Subject Recall-Related Actions
had asserted claims against the GUC Trust, a potential result of an
unfavorable ruling by the Court in respect of the "threshold
issues" was that those plaintiffs could seek permission from the
Court to assert claims against the GUC Trust.

              April 15, 2015 Decision of the Court

In its April 15, 2015, decision, the Court held the following with
respect to the "threshold issues" as they relate to Subject
Recall-Related Actions:

  (i) The plaintiffs in the Economic Loss Actions suffered a due
      process violation with respect to the Sale Order, whereas
      the plaintiffs in the Personal Injury Actions did not suffer

      a due process violation with respect to the Sale Order;

(ii) As a result of the due process violation, the provisions of
      the Sale Order which purport to shield New GM from any
      liability associated with its independent post-Sale actions
      can be modified, and the plaintiffs in the Economic Loss
      Actions may proceed against New GM with respect its
      independent post-Sale actions;

(iii) Any claims of the plaintiffs that relate to actions of Old
      GM are enjoined from being pursued against New GM on
      successor liability grounds; and

(iv) While plaintiffs may file late claims in the bankruptcy
      cases of Old GM, any claims as against the GUC Trust
      are "equitably moot", and thus the assets of the GUC Trust
      cannot be used to satisfy those claims.

The Court's decision may be appealed by New GM or the plaintiffs,
and no assurance may be given as to the outcome of any such appeal.
If, however, the Court's decision is not overturned on appeal, the
claims of the plaintiffs in the Subject Recall-Related Claims have
been determined to be equitably moot, and those claims (even if
allowed by the Court) will not dilute the recoveries of holders of
Units in the GUC Trust.  The Court's decision has not yet been
incorporated into the terms of a judgment and order, and thus the
time period for appeal has not yet begun to run.  In its decision,
the Court has directed the parties to meet and confer regarding
entry of an agreed form of order incorporating the terms of the
Court's decision.

                      About Motors Liquidation

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

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

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

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


MUSCLEPHARM CORP: To Separate Role of Chairman and CEO
------------------------------------------------------
MusclePharm Corporation announced several corporate governance
initiatives that are designed to best position the company to
achieve its growth objectives.

"Our company has experienced tremendous growth since its inception

back in 2008," said Pyatt.  "As we look ahead and prepare for the
next level of growth and profitability, we are strengthening our
board and management team and instituting additional best
governance practices to position the company for long-term success
in the future."

The corporate governance changes announced includes increasing the
number of directors on the MusclePharm Board to seven, with five
independent directors.  In connection with the board expansion, the
Nominating and Governance Committee is putting forward its
recommendations for the new board positions.

MusclePharm also announced the Board's intention to separate the
role of Chairman and CEO, which is expected to be completed by the
end of 2015.

In addition, the company recently promoted John Price as chief
financial officer and added a full accounting team based at its
headquarters.  It has also established the position of internal
auditor, and completed its first Sarbanes-Oxley internal review.

                 Wynnefield Reporting Persons React

The Wynnefield Reporting Persons disclosed in a regulatory filing
with the Securities and Exchange Commission they are pleased that
the Company was addressing a number of issues - confirming its
intent to separate the roles of Chairman and CEO by Dec. 31, 2015.


The Wynnefield Reporting Persons have recently communicated their
dissatisfaction with certain corporate governance practices of the
Company to the Company's Board of Directors.

The Wynnefield Reporting Persons said they will continue to monitor
the Company's progress in achieving these objectives.

As of April 20, 2015, the Wynnefield Reporting Persons beneficially
owned in the aggregate 1,040,000 shares of Common Stock,
constituting approximately 7.7% of the outstanding shares of Common
Stock.

                         About MusclePharm

Headquartered in Denver, Colorado, MusclePharm Corporation
(OTC BB: MSLP) -- http://www.muslepharm.com/-- is a healthy life-
style company that develops and manufactures a full line of
National Science Foundation approved nutritional supplements that
are 100 percent free of banned substances.  MusclePharm is sold in
over 120 countries and available in over 5,000 U.S. retail
outlets, including GNC and Vitamin Shoppe.  MusclePharm products
are also sold in over 100 online stores, including
bodybuilding.com, Amazon.com and Vitacost.com.

MusclePharm Corporation reported a net loss of $13.8 million in
2014, a net loss of $17.7 million in 2013 and a net loss of $19
million in 2012.

As of Dec. 31, 2014, the Company had $66.4 million in total assets,
$43 million in total liabilities and $23.4 million in total
stockholders' equity.


MUSKEGON REDEVELOPMENT: Case Summary & 6 Top Unsecured Creditors
----------------------------------------------------------------
Debtor: Muskegon Redevelopment Limited Dividend Housing
        Association Limited Partnership
        550 W. Western
        Muskegon, MI 49440

Case No.: 15-02406

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: April 21, 2015

Court: United States Bankruptcy Court
       Western District of Michigan (Grand Rapids)

Judge: Hon. James W. Boyd

Debtor's Counsel: Robert D. Gordon, Esq.
                  John R. Stevenson, Esq.
                  Kristen M. Howard, Esq.
                  CLARK HILL PLC
                  151 S. Old Woodward Avenue, Suite 200
                  Birmingham, MI 48009
                  Tel: (248) 988-5882
                  Email: rgordon@clarkhill.com
                         jstevenson@clarkhill.com
                         khoward@clarkhill.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by William Rhoten, vice president, Alliant
Real Estate Investments, LLC.

A list of the Debtor's six largest unsecured creditors is available
for free at http://bankrupt.com/misc/miwb15-02406.pdf


NATIONAL AIR CARGO: Files Plan to Exit Bankruptcy
-------------------------------------------------
Katy Stech at Daily Bankruptcy Review reports that military cargo
mover National Air Cargo Inc., which struggled following
defense-spending cuts, plans to get out of bankruptcy by paying off
its debt while fighting a $10 million legal judgment in an
aircraft-leasing dispute.

                 About National Air Cargo

National Air Cargo, Inc. -- http://www.nationalaircargo.com/-- is
incorporated in the state of New York and operates out of Orchard
Park New York.  The parent company is incorporated in the state of
Florida.  National Air Cargo, Inc. provides transportation and
logistics solutions to get cargo quickly and safely to wherever it
needs to be.

The Company filed for Chapter 11 bankruptcy protection (Bankr.
W.D.N.Y. Case No. 14-12414) on Oct. 17, 2014.  The Hon. Michael J.
Kaplan presides over the case.  John A. Mueller, Esq., and Raymond
L. Fink, Esq., at Harter Secrest & Emery LLP, serve as the
Company's bankruptcy counsel.  The Company estimated its assets
and liabilities at $1 million to $10 million each.

The petition was signed by Brian T. Conaway, secretary and VIP of
Finance.


NEWSAT LIMITED: Chapter 15 Hearing Slated for May 18
----------------------------------------------------
The Hon. Laurie Selber Silverstein of the U.S. Bankruptcy Court for
the District of Delaware will hold a hearing:

     a) on April 28, 2015, at 10:00 a.m. (ET) to consider approval
of the provisional relief motion and the extension of the relief
provided in the temporary restraining order entered by the Court
until the disposition of the Chapter 15 petitions of NewSat
Limited; and

     b) for May 18, 2015, at 10:00 a.m. (ET) to consider the
Debtor's Chapter 15 petitions.

Objections, if any, to the provisional relief motion are due April
24, 2015, at 12:00 noon (ET), and the Debtor's Chapter 15 petitions
are due May 12, 2015 at 4:00 p.m. (ET).

                            About NewSat

NewSat Limited was founded in 1987 as a multimedia business and
gradually evolved into a satellite communications company.  NewSat
is now Australia's largest pure-play satellite communications
company, with teleports and satellites delivering internet, voice,
data and video communications coverage to 75% of the globe,
including Australia, Asia, the Middle East, Africa, Europe and the
United States.

NewSat's Jabiru-2, which was launched in September 2014, delivers
"Ku-Band" capacity across Australia, Timor Leste, Papua New Guinea
and the Solomon Islands, and provides connectivity to the
resources, commercial mobility, media, telecommunications and
government sectors.  NewSat's own commercial satellite named
Jabiru-1 is currently being built and is targeted for launch in
2015 to 2016.  Jabiru-1 will be Australia's first commercial "Ka-
band" satellite and is expected to deliver 7.6 GHz of new capacity
in the covered regions.17

As a result of certain defaults, cost overruns on the Jabiru-1
satellite project, and management issues, lenders halted funding
to NewSat.  Citicorp International, as trustee for lenders, on
April 16, 2015, placed NewSat into administration in Australia.
It appointed Stephen James Parbery and Marcus William Ayres, of
PPB Advisory in Sydney, Australia, as administrators.  Citi also
appointed Jason Preston and Matthew Wayne Caddy of McGrathNicol as
receivers.

On April 16, 2015, the Administrators filed Chapter 15 bankruptcy
petitions for NewSat and affiliates NSN Holdings Pty Ltd., NewSat
Services Pty Ltd., Jabiru Satellite Holdings Pty Ltd., NewSat
Space Resources Pty Ltd., NewSat Networks Pty Ltd., and Jabiru
Satellite Ltd. (Bankr. D. Del. Lead Case No. 15-10810) to stop
actions by creditors in the U.S.  The U.S. cases are assigned to
Judge Kevin J. Carey.  Young, Conaway, Stargatt & Taylor and Allen
& Overy LLP serve as counsel.

NewSat listed $500 million to $1 billion in assets and $100
million to $500 million in debt in its Chapter 15 petition.


NII HOLDINGS: Cout Denies Noteholders' Request for Mediation
------------------------------------------------------------
The Bankruptcy Court denied the motion of the Ad Hoc Group of NII
Capital 2021 Noteholders directing NII Holdings, Inc., et al., to
participate in mediation.

The Court ruled on the motion after taking into consideration the
objections to the motion were filed by the Debtors, Aurelius
Capital Management, LP, and the Official Committee of Unsecured
Creditors, and the joinders to certain of the objections filed by
Capital Group and the Luxco Group, and the reply of the Capco 2021
Noteholder Group to the objections.

The Ad Hoc Noteholders Group, in its response to the objections,
stated that the Court must exercise its discretion and direct
mediation because the Debtors have rebuffed the good faith efforts
of creditors holding approximately $300 million in claims to engage
in plan negotiations and because the potential benefits of
mediation far outweigh its costs.

The Ad Hoc Noteholders Group also noted that the cost of mediation
would be minimal when compared to the expense of a confirmation
battle.  According to the Noteholders, there is ample time
remaining before the proposed confirmation hearing date of June 3,
2015.

The Committee, in its objection, stated that granting the mediation
request will be counterproductive.  According to the Committee,
compelling mediation will inject additional cost, distraction, and
delay into the cases, jeopardizing the substantial consensus
negotiations have already achieved.

The Debtors, in their objection, said that it is not the time to
delay, dismantle and possibly destroy the hard-won progress.

The Ad Hoc Group is represented by:

         Mitchell A. Seider, Esq.
         Adam J. Goldberg, Esq.
         LATHAM & WATKINS LLP
         885 Third Avenue
         New York, NY 10022
         Tel: (212) 906-1200
         Fax: (212) 751-4864

The Committee is represented by:

         Kenneth H. Eckstein, Esq.
         P. Bradley O'Neill, Esq.
         Stephen D. Zide, Esq.
         Rachael L. Ringer, Esq.
         KRAMER LEVIN NAFTALIS & FRANKEL LLP
         1177 Avenue of the Americas
         New York, NY 10036
         Tel: (212) 715-9100
         Fax: (212) 715-8000

                         About NII Holdings

NII Holdings Inc. through its subsidiaries provides wireless
communication services for businesses and consumers in Brazil,
Mexico and Argentina.  NII Holdings has the exclusive right to use
the Nextel brand in its markets pursuant to a trademark license
agreement with Sprint Corporation and offers unique push-to-talk
("PTT") services associated with the Nextel brand in Latin America.
NII Holdings' shares of common stock, par value $0.001, are
publicly traded under the symbol NIHD on the NASDAQ Global Select
Market.

NII Holdings and its affiliated debtors sought bankruptcy
protection (Bankr. S.D.N.Y. Lead Case No. 14-12611) in Manhattan on
Sept. 15, 2014.  The Debtors' cases are jointly administered and
are assigned to Judge Shelley C. Chapman.

The Debtors have tapped Scott J. Greenberg, Esq., and Michael J.
Cohen, Esq., of Jones Day as counsel and Prime Clerk LLC as claims
and noticing agent.  NII Holdings disclosed $1.22 billion in assets
and $3.068 billion in liabilities as of the Chapter 11 filing.

The U.S. Trustee for Region 2 appointed five creditors of NII
Holdings to serve on the official committee of unsecured creditors.
The Committee is represented by Kenneth H. Eckstein, Esq., and
Adam C. Rogoff, Esq., at KRAMER LEVIN NAFTALIS & FRANKEL LLP.

Capital Group, one of the Backstop Parties, is represented by
Andrew N. Rosenberg, Esq., Elizabeth R. McColm, Esq., and Lawrence
G. Wee, Esq., at PAUL, WEISS, RIFKIND, WHARTON & GARRISON LLP.

Aurelius, one of the Backstop Parties, is represented by Daniel H.
Golden, Esq., David H. Botter, Esq., and Brad M. Kahn, Esq., at
AKIN GUMP STRAUSS HAUER & FELD LLP.

                            *   *   *

The Plan and Disclosure Statement, filed on Dec. 22, 2014, allow
the Debtors to strengthen their balance sheet by converting $4.35
billion of prepetition notes into new stock and provide the Debtors
with $500 million of new capital.  The Plan also permits the
Debtors to avoid the incurrence of significant litigation costs and
delays in connection with potential litigation claims and exit
bankruptcy protection expeditiously and with sufficient liquidity
to execute their business plan.



NII HOLDINGS: Judge Sends Restructuring Plan to Creditors for Vote
------------------------------------------------------------------
Joseph Checkler at Daily Bankruptcy Review reports that Judge
Shelley C. Chapman of U.S. Bankruptcy Court in Manhattan approved
NII's so-called disclosure statement, a plain English version of a
company's restructuring plan that must be voted on by creditors.

The company could still face objections to the details of the
proposal itself, which would come at a June 3 hearing at which
Judge Chapman will decide whether to approve the proposal,
according to Daily Bankruptcy Review.  

The plan values the company at $400 million higher than a prior
deal, thanks to the $1.88 billion sale of NII's Mexico unit to AT&T
Inc, the report notes.

                      About NII Holdings

NII Holdings Inc. through its subsidiaries provides wireless
communication services for businesses and consumers in Brazil,
Mexico and Argentina. NII Holdings has the exclusive right to use
the Nextel brand in its markets pursuant to a trademark license
agreement with Sprint Corporation and offers unique push-to-talk
("PTT") services associated with the Nextel brand in Latin
America. NII Holdings' shares of common stock, par value $0.001,
are publicly traded under the symbol NIHD on the NASDAQ Global
Select Market.

NII Holdings and its affiliated debtors sought bankruptcy
protection (Bankr. S.D.N.Y. Lead Case No. 14-12611) in Manhattan
on Sept. 15, 2014. The Debtors' cases are jointly administered
and are assigned to Judge Shelley C. Chapman.

The Debtors have tapped Jones Day's Scott J. Greenberg, Esq. and
Michael J. Cohen, Esq., as counsel and Prime Clerk LLC as claims
and noticing agent. NII Holdings disclosed $1.22 billion in assets

and $3.068 billion in liabilities as of the Chapter 11 filing.

The U.S. Trustee for Region 2 appointed five creditors of NII
Holdings to serve on the official committee of unsecured
creditors. The panel is represented by Kenneth H. Eckstein, Esq.
and Adam C. Rogoff, Esq. of Kramer Levin Naftalis & Frankel LLP.
Kurtzman Carson Consultants LLC is the panel's information agent.

                          *     *     *

On Nov. 24, 2014, the Debtors filed a first plan support agreement.
On Dec. 22, 2014, the Debtors filed a plan of reorganization.

On Jan. 26, 2015, the Debtors reached agreement for the sale of
their operations in Mexico, operated by non-debtor Comunicaciones
Nextel de México, S.A. de C.V., to an affiliate of AT&T for $1.875
billion, subject to (a) the approval of the Court and (b)
regulatory approvals in Mexico.

As a result of the sale transaction, the Debtors on March 13, 2015,
filed the First Amended Plan. The sale transaction was approved on
March 23, 2015.



NORTHERN BEEF: Hearing on Class Action Settlement Set for June 3
----------------------------------------------------------------
The U.S. Bankruptcy Court in North Dakota is set to hold a hearing
on June 3 to consider final approval of a deal that would resolve
claims of former employees of Northern Beef Packers Limited
Partnership.

Northern Beef entered into a settlement with the unsecured
creditors' committee and Jorge Alvarado to resolve claims of its
former employees under the WARN Act.  

The former employees, including Mr. Alvarado, were terminated from
their jobs after the company shut down its beef packing plant in
Aberdeen, South Dakota.

On March 20, Judge Charles Nail Jr. preliminarily approved the
settlement and certified a class, which consists of former Northern
Beef employees who lose their jobs between June 24 and July 24,
2013, by the shutdown and who did not opt out of the class.

Under the deal, the class will receive a cash payment of $180,000
from Northern Beef and will get a general unsecured claim of $1
million.  In exchange, Northern Beef will be released from all
claims asserted by members of the class for wages and benefits
under the WARN Act.

The agreement will also resolve the class action lawsuit brought by
Mr. Alvarado against the company following his termination.  

                   About Northern Beef Packers

Northern Beef Packers Limited Partnership, which operates a beef
processing facility that opened in October 2012, filed for Chapter
11 relief (Bankr. D.S.D. Case No. 13-10118) on July 19, 2013.  Karl
Wagner signed the petition as chief financial officer.

Judge Charles L. Nail, Jr., presides over the case.  The Debtor
estimated assets of at least $50 million and debts of at least $10
million.  James M. Cremer, Esq., at Bantz, Gosch, & Cremer, L.L.C.,
serves at the Debtor's counsel.  Steven H. Silton, Esq., at Cozen
O'Connor serves as co-counsel.  Lincoln Partners Advisors
LLC serves as financial advisors.

The U.S. Trustee has appointed five members to the Official
Committee of Unsecured Creditors in the case.  Robbins, Salomon &
Patt, Ltd. serves as it lead counsel.  Patrick T. Dougherty serves
as its local counsel.


NW VALLEY: Gets Court's Nod to Hire Larson & Zirzow as Counsel
--------------------------------------------------------------
NW Valley Holdings LLC sought and obtained authority from the U.S.
Bankruptcy Court for the District of Nevada to hire the law firm of
Larson & Zirzow as its bankruptcy counsel, nunc pro tunc to the
Petition Date.

The Debtor selected L&Z as its attorneys because of the firm's
experience in the field of bankruptcy and business reorganizations
under Chapter 11 of the Bankruptcy Code.  Both partners of L&Z are
"AV" rated by Martindale Hubbell for their bankruptcy work, and
Matthew C. Zirzow, Esq., is board certified in business bankruptcy
law by the American Board of Certification.

The firm will render these services:

123456789012345678901234567890123456789012345678901234567890123456

(a) Prepare on behalf of the Debtor all necessary or appropriate
     motions, applications, answers, orders, reports, and other
     papers in connection with the administration of the Debtor's
     estate;

(b) Take all necessary or appropriate actions in connection with
     a plan of reorganization and related disclosure statement and

     all related documents, and such further actions as may be
     requited in connection with the administration of the
     Debtor's estate; and

(c) Take all necessary actions to protect and preserve the    
      Debtor's estate, including the prosecution of actions
      on the Debtor's behalf, the defense of any actions
      commenced against the Debtor, the negotiation of disputes
      in which Debtor is involved, and the preparation of
      objections to claims filed against the Debtor's estate.

L&Z's attorneys and paraprofessionals bill $175 per hour for their
services, and shareholders bill $450 per hour.  L&Z will also seek
reimbursement of its necessary and actual expenses incurred in
relation to the contemplated services.

Prior to the Petition Date, L&Z received a $65,000 retainer for
legal services in connection with the Debtor's restructuring and
proposed bankruptcy case.  Of this sum, L&Z billed and was paid the
sum of $15,000.

Matthew C. Zirzow, a partner of Larson & Zirzow, assures the Court
that his Firm s a "disinterested person" pursuant to Sections
327(a) and 101(14) of the Bankruptcy Code.

                     About NW Valley Holdings

NW Valley Holdings LLC was organized on Feb. 12, 2014, to provide a
vehicle and a process for its managers and members, who were all
homebuilders and other property developers, to group together and
make a joint bid to acquire certain real property consisting of
1,710.86 gross acres located in the City of Las Vegas, Nevada at a
Bureau of Land Management auction, and on which they intended to
develop a master-planned community.  A syndicate of lenders led by
Wachovia Bank, N.A., as administrative agent, agreed to provide
$565,000,000 to finance the acquisition and develop the property.

The great recession and financial crisis of 2007 to 2008 hit.  In
September 2008, a trustee's deed upon sale was recorded, thereby
evidencing the transfer of the property for a credit bid of $5
million to an entity called KAG Property, LLC, as successor to
Wachovia's rights under the loan.  The trustee's deed excluded any
portion of the property "lying within the U.S. Highway 95/Rancho
Drive as it presently exists."  The remaining real property
consists of 6 very small parcels of property directly under or
immediately adjacent to the U.S. Highway 95.

In May 2013, Wells Fargo, successor by merger to Wachovia, sold all
of its rights and interests in the loan and KAG Property to
affiliates of Kyle Partners, LLC.  Kyle Agent, LLC, was named
successor administrative agent.  Kyle Partners owns 89% of the
beneficial interest of any remaining amounts owing under the credit
agreement.

KEH acquired an aggregate 90.41% of the membership interests in the
Company.  The Kimball Hill Trusts hold the remaining 9.59%.

NW Valley Holdings LLC filed a Chapter 11 bankruptcy petition
(Bank. D. Nev. Case No. 15-10116) on Jan. 10, 2015.  The petition
was signed by Charles C. Reardon, senior managing director of
Asgaard Capital, LLC, as manager.  The Debtor disclosed assets of
$815,000 and liabilities of $428 million.  Judge August B. Landis
is assigned to the case.  

On Feb. 27, 2015, the Court authorized the employment of Asgaard
Capital LLC as the Debtor's manager.

The Debtor has tapped Larson & Zirzow, LLC, as general bankruptcy
counsel.  The Debtor also hired Asset Insight of Nevada as real
property appraiser to provide an appraisal of the Remaining Real
Property.  The Debtor has tapped David R. Black, CPA, as its
accountant.


OPTIM ENERGY: Bankruptcy Judge Delays Ruling on Plan Disclosure
---------------------------------------------------------------
Patrick Fitzgerald, writing for Daily Bankruptcy Review, reported
that Judge Brendan Linehan Shannon in Wilmington, Del., put the
brakes on Optim Energy LLC's plan to exit bankruptcy through the
sale of its two Texas power plants after a unit of private equity
company Blackstone Group LP objected to the deal.

According to the report, Judge Shannon said he would hold off on
ruling on Optim's plan disclosure statement, which describes the
company's plan to exit bankruptcy protection by selling two Texas
power plants, until early next month.

As previously reported by The Troubled Company Reporter, the energy
arm of private equity giant Blackstone objected to Optim's plan to
exit bankruptcy through the sale of its two Texas power plants that
it says is designed to benefit only Bill Gates's private investment
firm.  Optim is controlled by the Microsoft co-founder's Cascade
Investment, which has been funding the company's operations and is
backing the Chapter 11 plan based on the power plant sales.

                       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 $6.95 million in assets and $717
million in liabilities.  Optim Energy Cedar Bayou 4, LLC,
disclosed $184 million in assets and $718 million 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.


ORLANDO GATEWAY: Files for Ch. 11 to Stop Auction
-------------------------------------------------
Nilhan Hospitality, LLC, and Orlando Gateway Partners, LLC
commenced Chapter 11 bankruptcy cases (Bankr. M.D. Fla. Case No.
15-03447 and 15-03448) in Orlando, Florida on April 20, 2015.  

The bankruptcy filings stopped an auction on part of the Orlando
Gateway Village development scheduled for April 21, 2015, Paul
Brinkmann at the Orlando Sentinel reports, citing Clay Townsend,
Esq., at Morgan & Morgan, the attorney for possible buyer, Carson
Good.

Orlando Gateway, Orlando Sentinel states, is a $500 million retail
and residential complex -- which includes two restaurants, a
Bonefish Grill and Carraba's, and plans for additional commercial
and residential build out -- near Orlando International Airport.

According to Orlando Sentinel, the bankruptcy is part of an ongoing
legal feud between the ownership company led by Mr. Thakkar, and
the developer, Mr. Good.  Orlando Sentinel recalls that Mr. Thakkar
and his companies lost a $14.5 million lawsuit last summer to Mr.
Good.  

Orlando Sentinel quoted Mr. Townsend as saying, "The bankruptcy
filing stopped the sale, but there are real advantages to the
federal bankruptcy court appointing a trustee and cutting through
all of the fraudulent transfers going back four years.   We are the
largest creditor and look forward to getting our clients paid in
the bankruptcy proceeding."

Nilhan estimated $1 million to $10 million in assets and less than
$10 million in debt while Orlando Gateway estimated at least $10
million in assets and debt.

The Debtors are represented by Kenneth D Herron, Jr., Esq., at
Wolff, Hill, McFarlin & Herron, P.A.  Chittranjan Thakkar, the
manager, signed the petitions.

Orlando Gateway and Nilhan Hospitality are headquartered in
Norcross, Georgia.

According to the docket, the Debtors' Chapter 11 plan and
disclosure statement are due Aug. 18, 2015.



PARADIGM EAST: Hires Kates Nussman as Tax Appeals Counsel
---------------------------------------------------------
Paradigm East Hanover, LLC seeks authorization from the Hon.
Vincent F. Papalia of the U.S. Bankruptcy Court for the District of
New Jersey to employ Kates Nussman Rapone Ellis & Farhi, LLP as
special counsel, nunc pro tunc to the July 23, 2014 petition date.

The Debtor has selected Kates Nussman for its experience in
handling real estate tax appeals. Kates Nussman further represented
the Debtor prior to the Petition Date in connection with certain
currently pending real estate tax appeals.

Kates Nussman will take the necessary steps to:

   (a) prosecute the filed pre-petition tax appeals;

   (b) file a real estate tax appeal for the Debtor's real
       property for the year 2015; and

   (c) file a real estate tax appeal for any subsequent years as
       deemed necessary during the pendency of the Debtor's
       bankruptcy case.

Subject to Bankruptcy Court approval, Kates Nusmann will be
compensated at a sum equal to 33 1/3 % of the total tax saving, if
any, for each year in which a tax saving is achieved by way of an
assessment reduction either by negotiation or litigation. This
shall apply whether the tax savings is paid by the municipality as
a refund or credit on account of tax payments.  Further subject to
Bankruptcy Court approval, the Debtor shall be responsible for
expert and filing fees.

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

Kates Nussman can be reached at:

       KATES NUSSMAN RAPONE ELLIS & FARHI, LLP
       190 Moore Street, Suite 306
       Hackensack, NJ 07601
       Tel: (201) 488-7211
       Fax: (201) 488-1210

                        About Paradigm East

Paradigm East Hanover, LLC, sought Chapter 11 bankruptcy petition
(Bankr. D.N.J. Case No. 14-25017) in Newark, New Jersey, on July
23, 2014.  The Debtor, a Single Asset Real Estate as defined in 11

U.S.C.  Sec. 101(51B), disclosed assets of between $10 million and

$50 million, and debt of less than $10 million.

The company is owned by entities held by Paradigm Capital Funding,

LLC.

The case is assigned to Judge Donald H. Steckroth.  Morris S.
Bauer, Esq., at Norris McLaughlin & Marcus, PA, in Bridgewater,  
New Jersey, serves as counsel.


PEAVEY ELECTRONICS: May 19 to 20 Auction Set for Equipment
----------------------------------------------------------
After more than 50 years operating as one of the largest audio
equipment manufacturers in the world, Peavey Electronics is closing
its speaker and amplifier manufacturing operations in Decatur and
Meridian, Mississippi and will be auctioning off the equipment on
May 19 and 20.  The company is relocating some manufacturing
operations that were traditionally done in Mississippi to
outsourced operations in response to lower cost manufacturing
overseas.

Founded in 1965, Peavey(R) is one of the world's largest
manufacturers and suppliers of musical instruments and professional
sound equipment.  Peavey has earned more than 180 patents and
distributes to more than 130 countries.

Changes in the marketplace and the demand for the product
categories previously made in the USA made the company reassess its
manufacturing facilities here in the US and it reallocated
resources in order to remain competitive.  Peavey continues to make
Meridian its headquarters and will continue to employ several
hundred employees.  "We are proud to be a part of the local
community and economy," said Hartley Peavey, founder and CEO of the
company.

"We sell products to over 136 countries.  Our product mix has
changed -- instead of building great big speaker boxes, people are
wanting little compact things," Mr. Peavey said.  "We just can't
ship big boxes around the world and be competitive.  Basically,
most of the lower end of the product line has gone offshore, and
the more technologically advanced products like our MediaMatrix
product line we're keeping in the United States."

PPL Group and Myron Bowling Auctioneers have formed a joint venture
to conduct a Live/Webcast Auction for the manufacturing assets of
Peavey Electronics, Inc., in Decatur and Meridian, Mississippi.
PPL Group and Myron Bowling have worked together on multiple
successful auctions for more than ten years, leveraging the unique
experience of each firm.

"We're looking forward to a successful auction for Peavey
Electronics.  With more than 100 years of combined experience, we
know what it will take to successfully bring together the right
buyers with this premier company," said PPL Group's Executive Vice
President and Partner Joel Bersh.  "The simultaneous live and
online auction format is increasingly effective in matching serious
buyers with valuable assets."

The auction will be conducted over two days, Tuesday, May 19th and
Wednesday, May 20th, starting at 10:00 a.m. CDT each day.  It will
include manufacturing equipment from three buildings totaling
485,000 square feet.  Included in the sale will be press brakes and
dies, shears, 30 and 50-ton turret punches, insertion presses,
several gap frame and OBI presses, lathes, mills, drills and
grinders.  Additionally, the sale will include items from a
complete paint system, stage wash line, screen-printing department,
wood working department, and complete assembly department.  Bidders
can register and find more information at www.pplauction.com

                About Peavey Electronics(R)

Founded in 1965, Peavey(R) -- http://www.peavey.com/-- is one of
the world's largest manufacturers and suppliers of musical
instruments and professional sound equipment.  Peavey has earned
more than 180 patents and distributes to more than 130 countries.
Peavey and its MediaMatrix(R), Architectural Acoustics(R), Crest
Audio(R), Composite Acoustics(R) and Trace Elliot(R) brands and
affiliates can be found on concert stages and in airports,
stadiums, theme parks and other venues around the world.



PETERSBURG REGENCY: Files for Chapter 11 with $34MM in Debt
-----------------------------------------------------------
Petersburg Regency LLC, owner of a 200-room hotel closed after
being damaged by Hurricane Ivan in 2003, sought Chapter 11
protection on April 20, 2015, disclosing $34 million in
liabilities, and its $10.2 million claim against the insurance
company as its sole asset.

The suit Petersburg Regency, LLC v Selective Way Insurance Company,
BER-L-12179-04, pertaining to the Debtor's action to recover
casualty insurance proceeds before the Superior Court of New
Jersey, Bergen County.  An arbitration award has reportedly been
issued.

The dispute concerns a first-party insurance claim by plaintiff,
Regency against defendant, Selective Way.  Regency owned and
operated a hotel in Petersburg, Virginia.  The hotel property is
insured by Selective Way through a multiple-coverage commercial
policy.

In September 2003, the hotel was damaged by Hurricane Ivan.  A year
later, in September 2004, Regency filed a complaint in the Law
Division, alleging that Selective Way had breached its obligations
to Regency as insurer and also had engaged in bad faith by failing
to adjust Regency's property loss in a proper manner.  At the time
of plaintiff's complaint, its proof of claim amounted to $8.8
million.  The claim was increased, principally due to Regency's
ongoing business losses while the hotel has been closed.

The parties agreed to have a retired judge serve as arbitrator and
spent four years in extensive discovery, but by the time the
hearing was scheduled for December 2011, the parties reached
disagreement on the arbitration terms: Selective Way asserted that
the claim should be capped at $8.8 million, while the Debtor
Petersburg Regency claimed it had accrued more than $20 million
worth of damage due to ongoing losses.

In May 2013, the New Jersey Superior Court's Appellate Division
reversed a trial court's February 2012 decision to terminate
arbitration, which Petersburg Regency and Selective Way agreed to
in 2007, but for which they then failed to reach terms that would
have allowed it to proceed.  In January 2014, the New Jersey
Supreme Court denied a petition filed by Selective Way to overturn
the decision reinstating arbitration.

The Company filed, together with its Chapter 11 petition, the
required schedules of assets and liabilities:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                        $0
  B. Personal Property           $10,230,626
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $18,894,200
  E. Creditors Holding
     Unsecured Priority
     Claims                                                $0
  F. Creditors Holding
     Unsecured Non-priority
     Claims                                       $15,082,062
                                 -----------      -----------
        TOTAL                    $10,230,626      $33,976,262

The Company's lone asset is a liquidated debt owed to it for
"Insurance Proceeds Arising from 2003 Casualty to Hotel" worth
$10.2 million.  The secured creditors are James Burt, owed $8.4
million, and Garrison Investment Group, owed $7,000,000, which
assert liens on the insurance proceeds.

The Company said that in May 2014, it turned over its closed
200-room hotel located at 380 East Washington, Petersburg, VA, to
the City of Richmond.  In April 2014, the city council adopted an
ordinance declaring the property as blighted property and a public
nuisance to the community, and authorizing the abatement of such
nuisance.

According to the statement of financial affairs, the company didn't
have any income from the operation of its business during the past
two years.

                     About Petersburg Regency

Petersburg Regency, LLC, commenced a Chapter 11 bankruptcy case
(Bankr. D.N.J. Case No. 15-17169) in Newark, New Jersey, on April
20, 2015.  The case is assigned to Judge Vincent F. Papalia.

An involuntary bankruptcy case was previously filed against the
company (Bankr. E.D. Va. Case No. 15-30526) but the case was
dismissed by consent order in March 2015.

The Debtor tapped David Edelberg, Esq., at Nowell Amoroso Klein
Bierman, P.A., in Hackensack, New Jersey, as counsel.

According to the docket, the Debtor's exclusive period to file a
plan expires on Aug. 18, 2015.


PRECISION OPTICS: To Issue 1.5 Million Common Shares Under Plan
---------------------------------------------------------------
Precision Optics Corporation, Inc. filed with the Securities and
Exchange Commission a Form S-8 registration statement to register
1,500,000 shares of common stock issuable under the Precision
Optics Corporation, Inc. Amended 2011 Equity Incentive Plan.  The
proposed maximum aggregate offering price is $825,000.  A full-text
copy of the prospectus is available at http://is.gd/e1KqhI

                      About Precision Optics

Headquartered in Gardner, Massachusetts, Precision Optics
Corporation, Inc., has been a developer and manufacturer of
advanced optical instruments since 1982.  The Company designs and
produces high-quality micro-optics, medical instruments and other
advanced optical systems.  The Company's medical instrumentation
line includes laparoscopes, arthroscopes and endocouplers and a
world-class product line of 3-D endoscopes for use in minimally
invasive surgical procedures.

Precision Optics reported a net loss of $1.16 million on $3.65
million of revenues for the year ended June 30, 2014, compared to
a net loss of $1.78 million on $2.51 million of revenues for the
year ended June 30, 2013.  Precision Optics reported a net loss of
$380,000 for the quarter ended March 31, 2014.

As of Dec. 31, 2014, Precision Optics had $2.48 million in total
assets, $1.40 million in total liabilities, all current, and $1.08
million in total stockholders' equity.


PREMIER GOLF: Court Approves Fitzmaurice & Demergian as Counsel
---------------------------------------------------------------
Premier Golf Properties LP sought and obtained permission from the
Hon. Christopher B. Latham of the U.S. Bankruptcy Court for the
Southern District of California to employ Jack F. Fitzmaurice, Esq.
of Fitzmaurice & Demergian as general bankruptcy counsel.

The Court approved Fitzmaurice & Demergian to perform the following
services for the Debtor:

   (a) preparation, inter alia, of bankruptcy schedules; statement
       of financial affairs, records and reports as required by
       the Federal Rules of Bankruptcy Procedure; Local Bankruptcy

       Rules and the United States Trustee's Guidelines &
       Operating and Reporting Requirements;

   (b) preparation of applications, amendments, motions and
       proposed orders to be submitted to the Court, as deemed
       necessary;

   (c) preparation of applications to employ professionals, and
       compensation of insiders as necessary;

   (d) represent Debtor's best interest against any relief from
       stay proceedings from secured creditor FENB or its
       successors in interest or any other objection or claim of
       unsecured creditor;

   (e) advise Debtor and preparing documents in connection with
       the continued operation of the Debtor's business;

   (f) advise Debtor and preparing documents in connection with
       any liquidation of any of the Debtor's assets;

   (g) assisting Debtor and preparing documents in connection with

       a plan of reorganization, disclosure statement and
       obtaining confirmation of the proposed plan of
       reorganization; and

   (h) all other actual and necessary general case administration
       and representations as may be required by Debtor, the Court

       and the U.S. Trustee's Guidelines to successfully represent

       the estate's best interest.

The Court also ordered that the compensation and/or draw down from
the retainer is not allowed and no compensation will be paid by
Debtor in Possession or any other person or entity for services
rendered to the estate, or by the Chapter 11 trustee, without first
obtaining the Court's approval pursuant to 11 U.S.C  section 330.

Prior to Debtor's filing of bankruptcy, Jack F. Fitzmaurice, of
Fitzmaurice & Demergian on or about February 20, 2015 received from
Debtor the sum of $15,000 as an initial retainer to retain
Applicant for debt relief consultation and/or relief under the
bankruptcy law. All monies where deposited in the firm's trust
account. On February 24, 2015, Jack F. Fitzmaurice, of Fitzmaurice
& Demergian was paid out of the $15,000 in trust, the total sum of
$10,880 for all work done pre-petition. Accordingly, the total sum
of $5,120 still remains in trust for post-petition services.
Compensation from the sum held in trust will be payable only upon
the U.S. Bankruptcy Court's approval pursuant to 11 U.S.C. section
330.

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

Fitzmaurice & Demergian can be reached at:

       Jack F. Fitzmaurice, Esq.
       FITZMAURICE & DEMERGIAN
       1061 Tierra Del Rey, Suite 204
       Chula Vista, California 91910
       Tel: (619) 591-1000
       Fax: (619) 591-1010
       E-mail: fitz01@earthlink.net

Premier Golf Properties, LP filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Cal. Case No. 15-01068) on Feb. 24, 2015.  Daryl Idler
signed the petition as secretary of Premier Golf Property
Management Inc, general partner.  The Debtor estimated assets and
liabilities of $10 million to $50 million.  Jack Fitzmaurice, Esq.,
at Fitzmaurice & Demergian, represents the Debtor as counsel.


PRONERVE HOLDINGS: Files Schedules of Assets and Liabilities
------------------------------------------------------------
Pronerve Holdings LLC and its debtor-affiliates filed their
schedules of assets and liabilities, and statements of financial
affairs with the U.S. Bankruptcy Court for the District of
Delaware, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                $1,915,970     
  B. Personal Property           
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $43,176,850      
        
  E. Creditors Holding
     Unsecured Priority
     Claims                                      
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                      
                                 -----------     ------------
        Total                     $1,915,970      $43,176,850

A copy of the schedules is available for free at
http://is.gd/szjoHR

                      About ProNerve Holdings

Founded in 2008, ProNerve is headquartered in a suburb of Denver,
Colorado.  ProNerve and certain affiliated practice entities
provide intraoperative neurophysiologic monitoring ("IOM") services
to health systems, acute care hospitals, specialty hospitals,
ambulatory surgical centers, surgeons, and physician groups in more
than 25 states.

ProNerve Holdings, LLC and its affiliates sought Chapter 11
protection (Bankr. D. Del. Case No. 15-10373) on Feb. 24, 2015,
with a deal to sell assets to SpecialtyCare IOM Services, LLC for a
credit bid of $35 million.

The cases are assigned to Judge Kevin J. Carey.

The Debtor tapped Pepper Hamilton LLP as counsel, and The Garden
City Group, Inc., as claims and noticing agent.

The U.S. Trustee for Region 3 appointed three creditors of ProNerve
Holdings LLC to serve on the official committee of unsecured
creditors.


PROSPECT PARK: Asks Court to Extend Deadline to Remove Suits
------------------------------------------------------------
Prospect Park Networks LLC has filed a motion seeking additional
time to remove civil lawsuits involving the company.

In its motion, the company proposed to extend the deadline for
filing notices of removal of lawsuits filed before and after its
bankruptcy filing to May 6, 2015.

The extension will give Prospect Park opportunity to make
"fully-informed decisions" concerning removal of any lawsuit
involving the company, according to its lawyer, William Chipman
Jr., Esq., at Chipman Brown Cicero & Cole LLP, in Wilmington,
Delaware.

The deadline for filing objections to the motion is April 27.

                   About Prospect Park Networks

Prospect Park Networks, LLC, a Los Angeles, Calif.-based talent and
management company, filed for Chapter 11 bankruptcy (Bankr. D. Del.
Case No. 14-10520) in Wilmington, on March 10, 2014, estimating $50
million to $100 million in assets, and $10 million to $50 million
in debts.  The petition was signed by Jeffrey Kwatinetz,
president.

William E. Chipman, Jr., Esq., and Mark D. Olivere, Esq., at
Cousins Chipman & Brown LLP, in Wilmington, Delaware; and John H.
Genovese, Esq., Michael Schuster, Esq., and Heather L. Harmon,
Esq., at Genovese Joblove & Battista, P.A., serve as the Debtor's
bankruptcy counsel.  The Debtor also hired Cohn Reznick LLP as an
ordinary course professional.

The U.S. Trustee for Region 3 selected three creditors to serve on
the Official Committee of Unsecured Creditors.  Cole, Schotz,
Meisel, Forman & Leonard, P.A., serves as the Committee's counsel.



PUERTO RICO ELECTRIC: AlixPartners Casts Doubt on Bondholder Fix
----------------------------------------------------------------
Law360 reported that the restructuring officer charged with digging
the Puerto Rico Electric Power Authority out of debt threw cold
water on April 13, 2015, on the chance that a $2 billion capital
investment proposal from forbearing creditors would prevent the
bond defaults expected by municipal watchers.

In testimony before a Puerto Rico Senate oversight panel,
AlixPartners LLP's Lisa Donahue took issue with "aggressive
assumptions" about future revenue generation contained in a
bondholder group's offer to finance PREPA's planned operational
reorganization, according to the report.

                        *     *     *

The Troubled Company Reporter on Feb. 4, 2015 reported that
Standard & Poor's Ratings Services said that it maintained its
'CCC' rating on the Puerto Rico Electric Power Authority's (PREPA)
power revenue bonds on CreditWatch with negative implications.
S&P originally placed the rating on CreditWatch on June 18, 2014.

On Dec. 15, 2014, TCRLA reported that Fitch is maintaining the
$8.6 billion of Puerto Rico Electric Power Authority (PREPA) power
revenue bonds on Negative Rating Watch.  The bonds are currently
rated 'CC'.

As reported in the Troubled Company Reporter on Sept. 19, 2014,
Moody's Investors Service has downgraded the rating for Puerto
Rico Electric Power Authority's (PREPA) $8.8 billion of Power
Revenue Bonds to Caa3 from Caa2.  This rating action concludes the
rating review that Moody's initiated on July 1, 2014.  PREPA's
rating outlook is negative.



PUTNAM ENERGY: Files Schedules of Assets and Liabilities
--------------------------------------------------------
Putnam Energy LLC filed a summary of schedules of assets and
liabilities with the U.S. Bankruptcy Court for the Northern
District of Illinois, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property               $6,000,000     
  B. Personal Property           $4,394,596
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                                $2,118,977      
        
  E. Creditors Holding
     Unsecured Priority
     Claims                                      
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                          $164,241
                                 -----------     ------------
        Total                    $10,394,596       $2,283,218

A copy of the schedules is available for free at
http://is.gd/hH6v4M

                        About Putnam Energy

Putnam Energy, L.L.C., a company with power plant and pipeline
assets, sought Chapter 11 protection (Bankr. N.D. Ill. Case No.
15-08733) on March 11, 2015, in Chicago, Illinois, after it failed
to reach a forbearance agreement with its lender.

The Debtor estimated $10 million to $50 million in assets and $1
million to $10 million in debt.

The case is assigned to Judge Carol A. Doyle.  Terrence O'Malley,
manager and CEO, signed the petition.  The Debtor is represented
by Douglas S Draper, Esq., at Heller, Draper, Patrick, Horn &
Dabney, LLC, in New Orleans, as counsel.


RACQUETBALL INVESTMENT: Voluntary Chapter 11 Case Summary
---------------------------------------------------------
Debtor: Racquetball Investment Assoc. II
        139 Endicott Street
        Endicott Plaza
        Danvers, MA 01923

Case No.: 15-11524

Chapter 11 Petition Date: April 21, 2015

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

Judge: Hon. Joan N. Feeney

Debtor's Counsel: Gary W. Cruickshank, Esq.
                  LAW OFFICE OF GARY W. CRUICKSHANK
                  21 Custom House Street, Suite 920
                  Boston, MA 02110
                  Tel: (617) 330-1960
                  Fax: (617) 330-1970
                  Email: gwc@cruickshank-law.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by James McConchie, general partner.

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


RADIOSHACK CORP: Quinn Emanuel Approved as Co-Counsel for Panel
---------------------------------------------------------------
The U.S. Bankruptcy Court authorized the Official Committee of
Unsecured Creditors in the Chapter 11 cases of Radioshack
Corporation, et al., to retain Quinn Emanuel Urquhart & Sullivan,
LLP as co-counsel, nunc pro tunc to Feb. 13, 2015.

                         About RadioShack

Headquartered in Fort Worth, Texas, RadioShack (NYSE: RSH) --
http://www.radioshackcorporation.com/-- is a retailer of mobile   

technology products and services, as well as products related to
personal and home technology and power supply needs. RadioShack's
retail network includes more than 4,300 company-operated stores in

the United States, 270 company-operated stores in Mexico, and
approximately 1,000 dealer and other outlets worldwide.

RadioShack Corporation and affiliates sought Chapter 11 protection

(Bankr. D. Del. Lead Case No. 15-10197) on Feb. 5, 2015. Judge
Kevin J. Carey presides over the case.

David G. Heiman, Esq., Greg M. Gordon, Esq., Amanda M. Suzuki,
Esq., Jonathan M. Fisher, Esq., Thomas A. Howley, Esq., and Paul M.
Green, Esq., at Jones Day serve as the Debtors' bankruptcy counsel.


David M. Fournier, Esq., Evelyn J. Meltzer, Esq., and John H.
Schanne, II, Esq., at Pepper Hamilton LLP serve as co-counsel.  
Carlin Adrianopoli at FTI Consulting, Inc., is the Debtors'
restructuring advisor. Maeva Group, LLC, is the Debtors' turnaround
advisor.  Lazard Freres & Co. LLC is the Debtors' investment
banker. A&G Realty Partners is the Debtors' real estate advisor.
Prime Clerk is the Debtors' claims and noticing agent.

In their Petitions, the Debtors disclosed total assets of $1.2
billion, versus total debts of $1.3 billion.

Radioshack reported a net loss of $400.2 million in 2013, a net
loss of $139 million in 2012, and net income of $72.2 million in
2011. The Company's balance sheet at Aug. 2, 2014, showed $1.14
billion in total assets, $1.21 billion in total liabilities and a
$63 million total shareholders' deficit.



RESIDENTIAL PROPERTY: Case Summary & 6 Top Unsecured Creditors
--------------------------------------------------------------
Debtor: Residential Property Inventory, LLC
        302 W. Commerce Street
        Dallas, TX 75208

Case No.: 15-31707

Chapter 11 Petition Date: April 21, 2015

Court: United States Bankruptcy Court
       Northern District of Texas (Dallas)

Judge: Hon. Stacey G. Jernigan

Debtor's Counsel: Eric A. Liepins, Esq.
                  ERIC A. LIEPINS, P.C.
                  12770 Coit Rd., Suite 1100
                  Dallas, TX 75251
                  Tel: (972) 991-5591
                  Email: eric@ealpc.com

Total Assets: $2.41 million

Total Liabilities: $2.13 million

The petition was signed by Eric Hill, managing member.

A list of the Debtor's six largest unsecured creditors is available
for free at http://bankrupt.com/misc/txnb15-31707.pdf


RIVERHOUNDS EVENT: District Court Won't Hear Lender Suit
--------------------------------------------------------
District Judge Cathy Bissoon ruled that the court will abstain from
adjudicating the case captioned RIVERHOUNDS LENDER, LLC, Plaintiff,
v. PITTSBURGH URBAN INITIATIVES SUB-CDE 3, LP, Defendant, CIVIL
ACTION NO. 14-1392 (W.D. Pa.).

Pittsburgh Urban Initiatives Sub-CDE 3, LP ("CDE") is the largest
creditor in two Chapter 11 bankruptcy proceedings commenced by
Riverhounds Event Center, LP ("REC") and Riverhounds Acquisition
Group, L.P. ("RAG") in the United States Bankruptcy Court for the
Western District of Pennsylvania.  

On September 26, 2014, the plaintiff, Riverhounds Lender, LLC,
commenced an action against CDE in the Court of Common Pleas of
Allegheny County.  On October 7, 2014, the plaintiff filed a
two-count complaint against CDE alleging breach of fiduciary duty
and requesting the appointment of a receiver to represent CDE in
REC's bankruptcy proceedings.  CDE filed a Notice of Removal,
removing the state court action to the district court.  Plaintiff
filed an Emergency Motion for Remand to State Court or, In the
Alternative, for Abstention.

In a memorandum dated April 8, 2015 available at
http://is.gd/MeeXtLfrom Leagle.com, Judge Bisson denied
plaintiff's motion in part insofar as it seeks to remand the case
based on absence of jurisdiction, but granted it in part insofar as
it seeks the exercise of mandatory abstention.  The district court
found that the case "relates to" a case under title 11, but does
not "arise under" or "arise in" a case under title 11.

RIVERHOUNDS LENDER, LLC, Plaintiff, represented by David L. Fuchs,
James R. Cooney, Robert O Lampl Law Office & Robert O. Lampl.

PITTSBURGH URBAN INITIATIVES SUB-CDE 3, LP, Defendant, represented
by Adam L. Hirsch -- Adam.Hirsch@KutakRock.com , Kutak Rock LLP,
John H. Bernstein -- John.Bernstein@KutakRock.com , Kutak Rock LLP
& Samuel R. Grego -- sgrego@dmclaw.com , Dickie, McCamey &
Chilcote.

The bankruptcy cases are In re Riverhounds Event Center LP,
14-bk-21180, and In re Riverhounds Acquisition Group LP,
14-bk-21181, U.S. Bankruptcy Court, Western District Pennsylvania
(Pittsburgh).  The Debtors' counsel is John M. Steiner, Esq., and
Crystal H. Thornton-Illar, Esq., at Leech Tishman Fuscaldo & Lampl
LLC, in Pittsburgh, Pennsylvania.  Events listed under $10 million
in assets and Acquisition listed under $1 million in assets.  The
stadium owner reported about $4.5 million and the team reported
about $10.2 million in unsecured debts.


SABINE OIL: Skips $15.3 Million Interest Payment
------------------------------------------------
Stephanie Gleason, writing for Daily Bankruptcy Review, reported
that oil and gas exploration company Sabine Oil and Gas Corp. has
skipped a $15.3 million interest payment on its debt, instead
entering a 30-day grace period during which it plans to negotiate
with lenders on a debt restructuring.

According to the report, although the company has the liquidity to
make the payment -- it has $280 million on hand -- Sabine said it
believes skipping the payment and continuing to negotiate with its
debt holders is in the best interest of the company and it's
stakeholders.

                           About Sabine

Sabine Oil & Gas LLC, (formerly Forest Oil Corporation) is an
independent energy company engaged in the acquisition, production,
exploration and development of onshore oil and natural gas
properties in the United States.  Sabine's current operations are
principally located in Cotton Valley Sand and Haynesville Shale in
East Texas, the Eagle Ford Shale in South Texas, and the Granite
Wash in the Texas Panhandle.  See http://www.sabineoil.com/       


                            *    *    *

The Troubled Company Reporter, on April 6, 2015, reported that
Moody's Investors Service downgraded Sabine Oil & Gas Corporation's
Corporate Family Rating to Caa3 from Caa1, its second lien term
loan rating to Caa3 from Caa2 and its unsecured notes rating to Ca
from Caa3. SOGC's Speculative Grade Liquidity Rating remains SGL-4
and its rating outlook remains negative.

"The technical default, potential acceleration of debt, existing
bondholder litigation over change of control provisions related to
its combination with the former Forest Oil Corporation and the
potential for SOGC's fully drawn borrowing base revolving credit
facility to be significantly reduced by its lenders in the April
redetermination combine to increasingly restrict SOGC's
maneuverability in the most difficult of circumstances," commented
Andrew Brooks, Moody's Vice President. "The company may have
little
choice but to pursue a distressed exchange of debt, which Moody's
would view as a default, or a court restructuring to address its
highly challenged and unsustainable capital structure."

As reported by the TCR on Feb. 16, 2015, Moody's Investors Service
affirmed Forest Oil's 'B3' Corporate Family Rating, as well as its
'B3-PD' PDR and SGL-3 Speculative Grade Liquidity Rating.

"The combination of Sabine and Forest joins two companies whose
principal assets in East Texas and the Eagle Ford Shale are highly
complementary, creating a company much larger in size and scale
than the two companies are individually, although one whose
production and reserves remain heavily weighted to natural gas,"
commented Andrew Brooks, Moody's Vice President.

The TCR report in March 2015 that Standard & Poor's Ratings
Services lowered its corporate credit rating on Sabine Oil & Gas
Corp. to 'CCC' from 'B-'.

"The downgrade reflects our view that Sabine may pursue capital
restructuring over the next 12 months that could result in lower
ratings on the company and its debt," said Standard & Poor's
credit
analyst Ben Tsocanos.


SAN JUAN RESORT: Proposes to Sell Assets to Paulson PRV Affiliate
-----------------------------------------------------------------
San Juan Resort Owner Inc. has filed a motion seeking court
approval to sell its assets to an affiliate of Paulson PRV
Acquisitions LLC or to another buyer making the highest offer.

The assets that will be put up for sale include the San Juan Beach
Hotel, a 96-room boutique-style beachfront hotel located in San
Juan, Puerto Rico.  SJ Beach PR LLC offered $9.04 million for the
assets.

SJRO will also sell the properties owned by its affiliate Premier
Hotel Management Inc. and used in operating the hotel.  The
properties, however, won't be subject to bidding and will be sold
to SJ Beach or to another buyer for $410,443 in a separate
transaction.

The proposed bidding process sets a May 1 deadline for potential
buyers to make an offer.  Bidders are also required to make a cash
deposit of $1 million.

SJRO will hold an auction for the property on May 21 at the offices
of O'Neill & Borges LLC, in San Juan, Puerto Rico.

SJ Beach will take part at the auction as the stalking horse
bidder.  It will receive a breakup fee, which is 3 percent of the
purchase price, if not selected as the winning bidder.

The winning bidder is required to complete the sale within five
business days after being selected, according to court filings.  

                    Banco Popular Settlement

In connection with the sale, SJRO entered into an agreement with
Banco Popular de Puerto Rico to settle its secured claims totaling
$17 million.

Prior to SJRO's bankruptcy filing, Banco Popular commenced
foreclosure proceedings after the company failed to pay off its
loans.

Under the settlement, the bank agreed to release its liens on the
assets included in the proposed sale in exchange for payment of
$7.86 million from the sale proceeds.

SJRO will use the remaining $1.18 million to pay claims, including
tax claims, and expenses incurred in connection with the sale.

The company's lawyer William Vidal Carvajal said the settlement is
"critical" given the total amount of Banco Popular's secured
claims.

"Without the settlement agreement that it negotiated, the full
amount of the sale price would have been paid to Banco Popular,"
Mr. Carvajal said in a court filing.

The proposed settlement is subject to bankruptcy court approval.  A
copy of the agreement detailing the settlement is available for
free at http://is.gd/rfMNVx

Meanwhile, the proposed sale drew flak from Condado San Juan Hotel
2, LLC, one of the companies that offered to purchase the hotel
prior to SJRO's bankruptcy filing.

Condado offered to buy the hotel for $8.25 million, with a net
payment to Banco Popular of $7.5 million.  The bank, however, did
not approve the discounted payoff transaction detailed in the
option agreement executed by the companies.

In its objection filed with the U.S. Bankruptcy Court in Puerto
Rico, Condado argued the real estate "has not been exposed to the
market" and that the sale is a "sub rosa" plan.

"The sale approval is a sub rosa plan of liquidation, nothing will
be left but to distribute the money, which will divert substantial
sums to others at the expense of the estate," the company said.

Boutique Hotels Inc., an unsecured creditor and SJRO shareholder,
also criticized the proposed sale.  The company expressed concern
over lack of transparency in SJRO's dealings with the bank and told
the court to hold in abeyance the proposed sale of its assets.    

In response, Banco Popular asked the court to deny Boutique Hotels'
request, saying the company "fails to provide proper notice"
pursuant to local rules.

Meanwhile, the U.S. trustee overseeing SJRO's bankruptcy case
requested additional time to file an objection, saying "there may
be grounds" to object to the proposed sale.

                     About San Juan Resort

San Juan Resort Owners Inc. sought Chapter 11 bankruptcy protection
(Bankr. D.P.R. Case No. 15-01627) in Old San Juan, Puerto Rico on
March 5, 2015.  The petition was signed by Luis A. Carreras Perez,
the president.  The Debtor is represented by William M. Vidal,
Esq., at William Vidal Carvajal Law Offices in San Juan, Puerto
Rico.

The Debtor disclosed total assets of $12.7 million and total
liabilities and $32.9 million as of the bankruptcy filing. The
Debtor owns a parcel of land of 1,637 square meters, with
commercial property known as the San Juan Beach Hotel, a 96-room
hotel.  The hotel is located at 1045, Ashford Avenue, Condado, San
Juan, Puerto Rico.  The company claims the property is worth $11
million based on appraised value.  Banco Popular de Puerto Rico is
owed $17.5 million, of which $6.56 million is unsecured.



SCOTTSDALE VENETIAN: Court Closes Chapter 11 Bankruptcy Case
------------------------------------------------------------
The Hon. Brenda K. Martin of the U.S. Bankruptcy Court for the
District of Arizona issued a final decree and order closing the
Chapter 11 case of Scottsdale Venetian Village LLC because the
Debtor's bankruptcy estate has been fully administered under
Section 350(a) of the Bankruptcy Code.

According to the Debtor, the plan confirmation order was entered on
Sept. 26, 2014, and was noticed to all interested parties in
accordance with Rule 2002(f) of the Federal Rules of Bankruptcy
Procedure.  No appeal of the confirmation order was ever initiated,
and, as such, the Confirmation
Order is plainly final.

The Debtor added all of the payments required to be made on the
effective date of the Plan were made, and the reorganized Debtor,
through its new ownership, has fully assumed the management of its
affairs and the Hotel. The reorganized Debtor is making payments to
creditors as they become due under the Plan, or as otherwise
agreed, and intends to continue to do so.

The Debtor said the Robert Half Application for Administrative
Expense has been resolved, and the Debtor will seek dismissal of
the dormant Adversary Proceedings in the near future.  As such, the
only currently unresolved issue remaining is the Claim Objection,
and any future adjudication of that matter can occur
notwithstanding the entry of a final decree.  The Debtor said it
submits that nothing in its reorganization or the continued
implementation of the Plan requires an open administrative
bankruptcy case or justifies the continued accrual of fees payable
to the United States Trustee's office.

As reported in the Troubled Company Reporter on Oct. 22, 2014,
Bankruptcy Judge Brenda K. Martin entered an order confirming
Scottsdale Venetian Village, LLC's Fourth Amended Plan of
Reorganization dated Feb.27, 2014, as amended.

The Debtor signed a deal that would resolve the objection of First
National Bank of Hutchinson to the Plan.  Under the deal,
Scottsdale and FNB agree that the bank's secured claims as of Sept.
1 total $7,810,766.  The bank also agrees to withdraw its objection
and vote in favor of confirmation of the plan.

FNB holds secured claims against Scottsdale on account of the two
loans it extended to the company.  The first loan, which was
extended to Scottsdale in 2006, is secured by a lien against the
company's leasehold interest in a hotel in Arizona.  In 2012, FNB
made a second loan in the amount of $235,000 to pay the delinquent
real estate taxes on the property.

                       The Chapter 11 Plan

The Plan proposes to treat claims and interests as follows:

   -- First National Bank of Hutchinson will receive full payment
      with interest in the form of a promissory note that will
      mature and become fully due and payable on the 12th
      anniversary of the effective date of the Plan.

   -- Maricopa County's secured claims will be paid in full in
      installments.  If Maricopa County votes in favor of the
      Plan, it will receive a cash payment of $5,000 on the
      Effective Date that will be applied to outstanding real
      property taxes, with the balance to be paid in installments.

   -- Holders of allowed unsecured claims will be paid in full,
      with interest, in equal quarterly installments commencing
      on the Effective Date and concluding on the eight
      anniversary of the Effective Date.

   -- With respect to equity, if the purchase agreement is not
      consummated, the current interest holder(s) will retain
      their equity interests.  If the purchase agreement is
      consummated, the buyer will own all of the equity interests
      in the Reorganized Debtor.

A copy of the Fourth Amended Disclosure Statement dated Feb. 27,
2014, is available for free at:

     http://bankrupt.com/misc/Scottsdale_Ven_4th_Am_DS.pdf

                   About Scottsdale Venetian

Scottsdale Venetian Village, LLC, operates the Days Hotel located
at 5101 N. Scottsdale Road, in Scottsdale, Arizona.  The Company
also operates Papi Chulo's Mexican Grill & Cantina, located
immediately adjacent to the hotel.  The hotel consists of 211 guest
rooms and, among other things, facilities for meetings and
banquets.

Scottsdale Venetian Village filed a Chapter 11 petition (Bankr. D.
Ariz. Case No. 13-02150) on Feb. 19, 2013, in Phoenix, estimating
at least $10 million in assets and less than $10 million in
liabilities.

The Debtor is represented by John J. Hebert, Esq., and Wesley D.
Ray at Polsinelli Shughart, P.C., in Phoenix.  Charles B. Foley,
CPA, PLLC serves as the Debtor's accountant.

As reported in the March 12, 2014 edition of the TCR, Scottsdale
Venetian Village LLC has won approval of the disclosure statement
explaining its proposed Chapter 11 plan.  The bankruptcy judge
approved the disclosure statement after the Debtor resolved the
objection made by First National Bank of Hutchinson.

Scottsdale Venetian Village amended the Plan documents on Feb. 27,
2014, to incorporate terms reached with the buyer for the Debtor's
interests in the Days Hotel in Scottsdale, Arizona.


SEA SHELL: Judge Shulman Dismisses Chapter 11 Petition
------------------------------------------------------
The Hon. William S. Shulman of the U.S. Bankruptcy Court for the
Northern District of Florida dismissed the voluntary petition for
relief under Chapter 11 of Sea Shell Collection, at the behest of
Stabilis Master Fund III LLC.

Stabilis Master told Judge Shulman the Debtor has violated by
transferring $360,000 of the cash collateral to Moulton Properties,
which is an insider of the Debtor and the Debtor's sole member.

According to Stabilis Master, the Debtor's filing lacks good faith
because the Debtor has manifested its intent to abuse the judicial
process and the purposes of the reorganization proceedings by
repeatedly ignoring orders entered by the Court and the state
court.  Further, it has become obvious that the Debtor cannot
propose a feasible plan of reorganization because the Debtor cannot
secure sufficient replacement financing to "take out" Stabilis'
secured position.

Stabilis Master noted that Guy G. Gebhardt, Acting U.S. Trustee for
Region 21, also asked the Court to dismiss the Debtor's case.   As
reported in the Troubled Company Reporter on March 10, 2015, the US
Trustee said the Debtor has not filed a monthly financial report
for the months of November and December of 2014 and January of
2015.  As of Feb. 24, the Debtor has not filed the monthly
financial reports for November and December of 2014 and for January
of 2015.  These reports were now past due.

On March 25, 2015, the US Trustee withdrew its request because the
filing of those reports has been addressed.

Stabilis Master retained as counsel:

   John H. Adams, Esq.
   EMMANUEL SHEPPARD & CONDON
   30 South Spring Street
   Pensacola, FL 32502
   Tel: (850) 433-6581
   Fax: (850) 434-7163
   Email: jha@esclaw.com

                   About Sea Shell Collections

Sea Shell Collections, LLC, owner of a Publix-Anchored shopping
Center development located in Gulf Breeze, Florida, at the
northeast corner of Highway 98 and Daniel Drive, filed a Chapter 11
bankruptcy petition (Bankr. N.D. Fla. Case No. 14-30813) on July
29, 2014.

Judge William S. Shulman presides over the case.  Helmsing, Leach,
Herlong, Newman & Rouse, P.C., serves as the Debtor's counsel.

The Debtor disclosed $23,354,955 in assets and $25,121,011 in
liabilities in its schedules.


SILVERADO STREET: U.S. Trustee Balks at James J. Lee as Counsel
---------------------------------------------------------------
The U.S. Trustee objected to Silverado Street, LLC's application to
employ James J. Lee as general bankruptcy counsel.

According to the U.S. Trustee, the application was never serve on
the Acting U.S. Trustee at the e-mail address that the applicant
should have served.  The U.S. Trustee also noted that Lee
previously represented Georgiou Trust in a proceeding in the State
Court regarding a foreclosure proceedings related in lieu
priorities on property located on Prospect Place.  Georgiou Trust
is a creditors in the Debtor's case.  

As reported in the Troubled Company Reporter on April 13, 2015,
the Debtor has tapped James Lee to:

   (a) advise the Debtor with respect to the requirements of the
       Bankruptcy Court, the Bankruptcy Code, the Federal Rules of
       Bankruptcy Procedure, and the Office of the United States
       Trustee;

   (b) advise the Debtor with respect to the rights and remedies
       of their bankruptcy estate and the rights, claims, and
       interests of creditors;

   (c) advise and consult in the representation of Debtor in any
       adversary proceeding where the Debtor is or may be
       represented by special counsel;

   (d) advise, consult, and represent Debtor in such legal actions
       as are necessary concerning the use and disposition of
       property of the estate including use of cash collateral,
       defense of motions to lift or modify the automatic stay,
       and the assumption or rejection of unexpired leases and
       executory contracts;

   (e) advise, consult, and prosecute the approval of a Chapter 11

       Plan or Reorganization, including the preparation of a
       Disclosure Statement; and

   (f) advise and consult with Debtor or post-confirmation
       bankruptcy basis until time of closing of this Chapter 11
       case.

Mr. Lee will bill his time for legal representation of the Debtor
on an hourly fee basis at his standard billing rate which is
presently $375 per hour.  

Mr. Lee will seek reimbursement of fees and expenses in accordance
with the guidelines promulgated by the Office of the U.S. Trustee
for the Southern District of California.

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

                      About Silverado Street

Silverado Street, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Cal. Case No. 14-09543) on Dec. 9, 2014, disclosing
$11.3 million in total liabilities and total assets of $21.8
million.  The petition was signed by Amr Aljassim, the managing
member.  James Lee, Esq., at Legal Offices of James J. Lee, serves
as the Debtor's counsel.  Judge Christopher B. Latham presides over
the case.

The U.S. trustee wasn't able to form a committee to represent the
company's unsecured creditors due to an insufficient number of
unsecured creditors.



SRC COMPUTERS: Public Foreclosure Sale Held April 17
----------------------------------------------------
Freeman Capital Partners LP, a secured party of SRC Computers LLC,
held a public non-judicial foreclosure sale of all of the Debtor's
rights, title and interests (collateral) on April 17, 2015, at 2:00
p.m. (Central Time) at the offices of Haynes and Boone LLP, 2323
Victory Avenue, Suite 700 in Dallas, Texas.

The collateral is located at 4240 N. Nevada in Colorado Springs,
Colorado, and available for inspection until the date of the sale.
Interested parties may contact:

a) Brandon Freeman of secured party
   Tel: 214.550.1222, or

b) Stephen Pezanosky
   Haynes and Boone LLP
   301 Commerce Street, Suite 2600
   Forth Worth, Texas
   Tel: 817.347.6601
   Email: stephen.pezanosky@haynesboone.com


ST. PAUL CROATIAN: No Quick Ruling in Suit Against Insurer
----------------------------------------------------------
Magistrate Judge Greg White denied both the plaintiff's and
defendant's Motions for Summary Judgment in the case captioned
NATIONAL CREDIT UNION ADMINISTRATION BOARD, as Liquidating Agent of
St. Paul Croatian Federal Credit Union, Plaintiff, v. CUMIS
INSURANCE SOCIETY, INC., Defendant, CASE NO. 1:11 CV 1739 (N.D.
Ohio, Eastern Div).

On April 30, 2010, the plaintiff, National Credit Union
Administration Board, placed the St. Paul Croatian Federal Credit
Union into voluntary liquidation due to insolvency and appointed
itself the Liquidating Agent.  On August 18, 2011, the plaintiff,
as Liquidating Agent, filed a Complaint against the defendant,
CUMIS Insurance Society, seeking a declaratory judgment that CUMIS
owes coverage under a fidelity bond issued to St. Paul for losses
arising from employee or director dishonesty.  The parties timely
filed cross motions for summary judgment on October 29, 2014.

In a memorandum opinion and order dated April 7, 2015 which is
available at http://is.gd/iB1QuXfrom Leagle.com, Judge White
denied both motions for summary judgment.  The court found that
CUMIS is not entitled to summary judgment in its favor on the basis
of rescission as a matter of law.  Neither is the plaintiff
entitled to summary judgment in its favor on the ultimate issue of
coverage under the bond.

National Credit Union Administration Board, Plaintiff, represented
by Randy L. Taylor -- Rtaylor@westonhurd.com , Weston Hurd, Matthew
C. Miller -- Mmiller@westonhurd.com , Weston Hurd & Samuel J.
Lauricia, III -- Slauricia@westonhurd.com , Weston Hurd.

Cumis Insurance Society Inc., Defendant, represented by F. Joseph
Nealon -- jnealon@eckertseamans.com , Eckert, Seamans, Cherin &
Mellott, Jeffrey M. Embleton -- jembleton@mggmlpa.com , Mansour
Gavin & Nicholas T. Moraites -- nmoraites@eckertseamans.com ,
Eckert, Seamans, Cherin & Mellott.

National Credit Union Administration, Movant, represented by Lisa
Hammond Johnson, Office of the U.S. Attorney & Randy L. Taylor,
Weston Hurd.


SUNNYLAND FARMS: Court Confirms 4th Amended Chapter 11 Plan
-----------------------------------------------------------
Bankruptcy Judge David T. Thuma confirmed the Fourth Amended
Chapter 11 Plan in the case captioned In re: SUNNYLAND FARMS, INC.,
Debtor, CASE NO. 14-10231-T11 (D.N.M.).

The court found that the Debtor proposed a feasible plan, in good
faith, and obtained the required votes.  The Plan satisfied the
requirements of 11 U.S.C. Section 1129.

A copy of Judge Thuma's April 2, 2015 order is available at
http://is.gd/rBgwnBfrom Leagle.com.

The Debtor is a New Mexico corporation that owns a greenhouse in
Grants, New Mexico.  The Grants Greenhouse has not been operated
for years and is in very poor repair. It is not insured.

The Plan allows unsecured creditors to choose a 1% cash dividend on
their allowed claim or one share of stock for each dollar of the
claim. Cash payments would be made 30 days after the Plan's
effective date.


TALBOTS INC: Moody's Affirms 'B3' CFR, Outlook Stable
-----------------------------------------------------
Moody's Investors Service affirmed Talbots, Inc.'s B3 Corporate
Family Rating, B3-PD Probability of Default Rating, B2 first lien
term loan rating and Caa1 second lien term loan rating after the
company announced a proposed $205 million add-on to its credit
facilities. Talbots is utilizing approximately $30 million of cash
and the proceeds from the add-ons, which will increase the first
lien term loan by $160 million and the second lien term loan by $45
million, to fund a $225 million dividend to equity sponsor Sycamore
Partners ("Sycamore") and pay transaction fees. The company's
outlook remains stable.

The proposed transaction is credit negative as it will increase
Talbots' leverage and cash interest expense. However, Moody's is
affirming Talbots' ratings because of our expectation for revenue
growth in the low-to-mid single digit range and EBITDA margin
improvement of 50 - 100 bps which should bring leverage just under
7 times over the next 12 -18 months. Moody's estimates leverage
pro-forma for the proposed transaction (LTM through January 31,
2015) in the mid-to-low 7x range, which is slightly higher than
leverage at the time of the initial rating one year ago. Moody's
views the transaction as highly aggressive as it reflects the
company's willingness to manage leverage at elevated levels, which
limits its flexibility to navigate potential fluctuations in
cyclical consumer spending. Operations have improved year over
year, with topline growth approaching 2% and Moody's adjusted
EBITDA up over 9%, however leverage above 7x pushes the boundaries
for the B3 CFR and there is little tolerance in the rating for
leverage sustained at or above current pro-forma levels. This will
be the second largely debt financed dividend in as many years,
resulting in distributions to Sycamore of almost $500 million over
the period, well in excess of the initial equity contribution.

Ratings Affirmed:

  -- Corporate Family Rating, at B3

  -- Probability of Default Rating, at B3-PD

  -- $415 million 1st lien term loan due 2020 (includes $160
     million add-on), at B2, LGD-3

  -- $170 million 2nd lien term loan due 2021 (includes $45
     million add-on), at Caa1, LGD-4

  -- Outlook, Remains Stable

Talbots' B3 CFR reflects the company's highly aggressive capital
structure, with lease adjusted pro-forma leverage in the mid-to-low
7 times range, and Moody's expectation that this metric will remain
in excess of 6.5 times over the next 12-18 months. The rating also
incorporates event risk associated with the company's financial
sponsor ownership and history of shareholder friendly transactions,
including the proposed debt-funded dividend distribution, that
result in weak credit metrics despite recent improvements in
operations. Talbots has markedly turned around its earnings since
being acquired by Sycamore in August 2012 through a return to its
core strategies that have refocused the business on its target
demographic and improved operating efficiencies. Since the
acquisition both gross and EBITDA margins have increased and, over
the last 12 months, the company has begun to see modest top line
growth. Nonetheless, the company is a specialty retailer competing
against many larger competitors for a narrow customer demographic
(women aged 45- 65) that enhances the potential for volatility,
particularly during weak economic periods.

The rating benefits from the company's brand awareness and
geographical diversification across the U.S. Talbots has also
successfully developed multi-channel capabilities, which include a
flexible direct to consumer e-commerce platform. Moody's believes
that the company's operating strategies amid an economic expansion
will drive continued modest revenue growth and margin stability
that should reduce leverage to a level just under 7x over the next
12-18 months.

Talbots has a good liquidity position, reflecting an expectation
that the company will generate moderate positive free cash flow
over the next 12-18 months. Talbots operating cash flow is somewhat
seasonal, with a typical buildup of inventory in the first and
third quarters. The company's $135 million ABL revolver that
expires in 2018 is used to bridge liquidity during peak working
capital periods, and is typically collateralized such that average
availability is in excess of $100 million. Moody's does not expect
ABL utilization to trigger the springing fixed charge covenant test
of 1.0 times which is tested when availability is less than 10% of
the borrowing base. The term loans do not contain any financial
maintenance covenants.

The B2/LGD-3 rating assigned to Talbots' 1st lien term is one notch
higher than the company's CFR and reflects its senior position in
the capital structure relative the 2nd lien term loan and other
junior claims including trade payables, leases and pension
liabilities. The 1st lien term loan ranks junior to the company's
unrated $135 million ABL revolver and has a first priority lien on
essentially all assets of the company except for the ABL priority
collateral (includes cash, inventory and receivables) to which it
has a second lien. The Caa1/LGD4 assigned to the second lien term
loan reflects its effective 3rd lien position on the ABL
collateral, as well as its 2nd priority lien on all non-ABL
collateral.

The stable outlook reflects Moody's expectation for continued
improvement in operating performance driven by top line revenue
growth in the low-to-mid single digit range and modest margin
improvement. Moody's expects leverage should decline to just under
7 times over the next 12-18 months with positive free cash flow.
However, given the company's aggressive financial policies, Moody's
does not expect any meaningful improvement in credit metrics over
the next 12-18 months.

The ratings could experience upward pressure if Talbots can
continue to drive revenue through positive same store sales growth,
while maintaining recent margin improvements resulting in leverage
sustained meaningfully below 6x and interest coverage
(EBITA/Interest Expense) above 1.5x.

Ratings could be downgraded if a decline in operating performance
or financial policies result in leverage sustained above 7x.
Interest coverage (EBITA/Interest) approaching 1.0 times, or a
deterioration of liquidity could also result in a downgrade.

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

Headquartered in Hingham, Massachusetts, Talbots is a multi-channel
retailer of women's apparel, focusing on the 45-65 year old
demographic. The company operates over 500 stores and reported LTM
revenue of just over $1.1 billion through January 31, 2015. Talbots
was acquired by Sycamore Partners in August 2012.


THOMAS HOEY: Banana King Charged With Pension Looting
-----------------------------------------------------
Stephanie Gleason at the Daily Bankruptcy Review reports that
Thomas Hoey Jr., the owner of a bankrupt Long Island, N.Y., produce
distributor, is facing a federal criminal indictment on charges
that he looted his employees' pension plan.  The charges come on
top of another criminal case related to drugs and the death of a
sexual partner, for which Mr. Hoey is scheduled to be sentenced
this week, according to Daily Bankruptcy Review.



TIRECO INC: Case Summary & 12 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: Tireco, Inc.
           dba Formula Tire & Auto Care
           fdba Formula 1 Tire & Auto Care
           fdba Formula 1 Firestone
        2600 West State Road 434
        Longwood, FL 32779

Case No.: 15-03459

Chapter 11 Petition Date: April 21, 2015

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

Debtor's Counsel: Justin M. Luna, Esq.
                  LATHAM, SHUKER, EDEN & BEAUDINE, LLP
                  P.O. Box 3353
                  Orlando, FL 32802-3353
                  Tel: (407) 481-5800
                  Fax: (407) 481-5801
                  Email: jluna@lseblaw.com

                    - and -

                  Christopher R Thompson, Esq.
                  LATHAM, SHUKER, EDEN & BEAUDINE, LLP
                  111 N. Magnolia Avenue, Suite 1400
                  Orlando, FL 32801
                  Tel: (407) 481-5800
                  Fax: (407) 481-5801
                  Email: bknotice@lseblaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Monica S. Jones, vice president.

A list of the Debtor's 12 largest unsecured creditors is available
for free at http://bankrupt.com/misc/flmb15-03459.pdf


TLC HEALTH: Court OKs Sale of Real Estate in Conewango for $50,000
------------------------------------------------------------------
The Hon. Carl L. Bucki of the U.S. Bankruptcy Court for the Western
District of New York has authorized TLC Health Network to sell real
estate and a building at 5719 U.S. Route 62, Conewango, New York,
to Raymond E. and Jane M. Ritter for $50,000, free and clear of
liens, claims, encumbrances and interests.

On March 19, 2015, the Debtor sought the Court's permission to sell
the Property, which formerly housed the Conewango Valley Medical
Center, through a private sale.  The Medical Center is closed and
the Debtor said it has no need for the Property as part of its
restructuring.  The Debtor said it does not believe that conducting
a public auction for the Property will produce a better offer.
According to the Debtor, the additional costs and delays attendant
to an auction would reduce the net proceeds of sale.  The Property
was listed for sale at a price of $68,000 for several months, but
the $50,000 offer is the best offer the Debtor has received.

Upon closing of the sale, the Debtor will pay broker Steiger Realty
a commission equal to 6% of the sale proceeds.  The net sale
proceeds will be paid to Brooks Memorial Hospital in reduction of
its secured claim, provided that the payment is subject to the
rights of the Official Committee of Unsecured Creditors to seek
disgorgement of the payment if the Committee's claims against the
Hospital are successfully litigated, and if the disgorgement is
compelled by final court order.

In connection with a prepetition and postpetition credit facility
provided by the Hospital, the Debtor conveyed a mortgage on
substantially all of its assets, including the Property.

On April 8, 2015, the Hospital filed a limited objection to the
sale.  The Hospital said it does not oppose the Debtor's efforts to
liquidate a parcel of real property, but the Hospital wanted the
net sale proceeds at closing in satisfaction of the mortgage on the
parcel.

The Hospital is represented by:

      Hodgson Russ LLP
      James C. Thoman, Esq.
      The Guaranty Building
      140 Pearl Street, Suite 100
      Buffalo, New York 14202
      Tel: (716) 856-4000
      Fax: (716) 849-0349
      E-mail: jthoman@HodgsonRuss.com

                   About TLC Health Network

TLC Health Network filed a Chapter 11 petition (Bankr. W.D.N.Y.
Case No. 13-13294) on Dec. 16, 2013.  The petition was signed by
Timothy Cooper as Chairman of the Board.  The Debtor estimated
assets of at least $10 million and debt of at least $1 million.
Jeffrey A. Dove, Esq., at Menter, Rudin & Trivelpiece, P.C.,
serves as the Debtor's counsel.  Damon & Morey LLP is the Debtor's
special health care law and corporate counsel.  The Bonadio Group
is the Debtor's accountants.  Howard P. Schultz & Associates, LLC
is the Debtor's appraiser.

The case is assigned to the Hon. Carl L. Bucki.

A three-member panel composed of Cannon Design, Chautauqua
Opportunities, Inc., and Jamestown Rehab Services has been
appointed as the official unsecured creditors committee.  Bond,
Schoeneck & King, PLLC is the counsel to the Committee.  The
Committee has tapped NextPoint LLC as financial advisor.

Gleichenhaus, Marchese & Weishaar, PC is the general counsel for
Linda Scharf, the Patient Care Ombudsman of TLC Health.


TRIGEANT HOLDINGS: Sargeant Family Reaches Settlement Over Refinery
-------------------------------------------------------------------
Tom Corrigan at the Daily Bankruptcy Review reports that the family
behind a Corpus Christi, Texas, asphalt refinery reached an
agreement Monday potentially resolving a bitter and nearly
decade-long feud for control of the property, according to a people
familiar with the deal.

The settlement will be incorporated into a revised chapter 11
reorganization plan that's expected to be filed soon, the people
said.  The revised plan will then go before a bankruptcy judge for
final approval at a hearing currently scheduled for May 4,
according to Daily Bankruptcy Review.

The clash over the refinery was rooted in a family feud involving
Harry Sargeant III, a Florida-based shipping mogul, and his father
and brothers.

                     About Trigeant Holdings

Trigeant, owner of a Corpus Christi, Texas oil refinery, provides
fuel and asphalt products to the housing and transportation
industries.  The company is owned by Palm Beach, Florida
billionaire Harry Sargeant III and members of his family.

On Nov. 26, 2014, Trigeant filed its first bankruptcy In re
Trigeant Ltd., 13-38580.  The case was dismissed on April 1, 2014.

Trigeant Holdings, Ltd., and Trigeant, LLC, filed Chapter 11
bankruptcy petitions (Bankr. S.D. Fla. Case Nos. 14-29027 and
14-29030, respectively) on Aug. 25, 2014, amid a dispute among
members of the Sargeant family.  Mr. Sargeant's two brothers,
Daniel and James, and his father, Harry Sargeant II, sent Trigeant
to bankruptcy to fend off Mr. Sargeant III's bid to seize control
of the company's primary asset.  The family says Mr. Sargeant III,
who has a $22 million lien against the plant through a company he
controls called BTB Refining LLC, is attempting to prevent the
refinery from operating in an effort to lower its value and obtain
ownership of it.

Trigeant Holdings estimated both assets and liabilities of
$50 million to $100 million.

Berger Singerman LLP serves as the Debtors' counsel.

The Bankruptcy Court set the general claims bar date as Oct. 17,
2014, and March 31, 2015, as the deadline by which governmental
entities must file proofs of claims.

The Debtors filed on Sept. 16, 2014, their Joint Plan of
Reorganization under Chapter 11 of the Bankruptcy Code.  The Plan
is premised on the sale of substantially all of the Debtors'
assets to Gravity Midstream Corpus Christi, LLC.  The Plan
provides that holders of Allowed Claims will be paid in full, in
cash.

The U.S. Trustee for Region 21 has not appointed a committee of
unsecured creditors.



TRUMP ENTERTAINMENT: Proposes Deal With Key Supplier
----------------------------------------------------
The U.S. Bankruptcy Court in Delaware scheduled a hearing April 22
to consider approval of a deal proposed by Trump Entertainment
Resorts Inc. to settle the claims of a key supplier.

Under the deal, Thermal Energy Limited Partnership I, which
supplies steam and chilled water for Trump's casino hotels in
Atlantic City, can assert $44.17 million in general unsecured
claims against the gaming company's affiliates.

If approved, the supplier would get $27.5 million from Trump Taj
Mahal Associates LLC and $16.67 million from Trump Plaza Associates
LLC on account of its claims under its thermal energy agreements
with the gaming company.

Trump Entertainment initially agreed to a $32.5 million claim by
Thermal Energy against Taj Mahal, and a $21.67 million claim
against Plaza Associates.  After receiving an informal response
from the gaming company's official committee of unsecured
creditors, both sides agreed to revise the settlement to address
issues raised by the group, court filings show.

Trump Entertainment rejected the thermal energy agreements last
month after getting the court's approval.  On March 31, Plaza
Associates entered into a new contract with the supplier for the
Trump Plaza Hotel and Casino.

The new contract terminates on April 30 if the proposed settlement
is not approved by the court on or before that date.

               About Trump Entertainment Resorts

Trump Entertainment Resorts Inc., owner of the Atlantic City
Boardwalk casinos that bear the name of Donald Trump, returned to
Chapter 11 bankruptcy (Bankr. D. Del. Case No. 14-12103) on Sept.
9, 2014, with plans to shutter its casinos.

TER and its affiliated debtors own and operate two casino hotels
located in Atlantic City, New Jersey.  TER said it will close the
Trump Taj Mahal Casino Resort by Sept. 16, 2014, and, absent union
concessions, the Trump Plaza Hotel and Casino by Nov. 13, 2104.

The Debtors have sought an order authorizing the joint
administration of their Chapter 11 cases and the consolidation
thereof for procedural purposes only.  Judge Kevin Gross presides
over the Chapter 11 cases.

The Debtors have tapped Young, Conaway, Stargatt & Taylor, LLP, as
counsel; Stroock & Stroock & Lavan LLP, as co-counsel; Houlihan
Lokey Capital, Inc., as financial advisor; and Prime Clerk LLC, as
noticing and claims agent.

TER estimated $100 million to $500 million in assets as of the
bankruptcy filing.

The Debtors as of Sept. 9, 2014, owe $285.6 million in principal
plus accrued but unpaid interest of $6.6 million under a first lien
debt issued under their 2010 bankruptcy-exit plan.  The Debtors
also have trade debt in the amount of $13.5 million.


TURNKEY PRODUCTS: Files for Ch. 11 to Protect Assets From Lawsuit
-----------------------------------------------------------------
Turnkey Products, LLC, filed for Chapter 11 bankruptcy protection
(Bank. M.D. N.C. Case No. 15-10411) on April 17, 2015, estimating
its assets up to $50,000 and its liabilities between $1 million and
$10 million.  The petition was signed by Richard Olmeda,
member/manager.

Powell Slaughter at Furniture Today quoted Richard Olmeda, the
Company's CEO, as saying, "The filing was strictly a legal tactic
to protect assets from a frivolous lawsuit.  We're exercising our
right to protect the assets of our company, our vendors and our
retail partners.  There were no liquidity, payables or cash issues
involved."

According to Furniture Today, the Company's largest unsecured
creditors include: (i) Capital Business Credit, owed about
$555,594; (ii) Triple J Enterprise Co. Ltd., owed about $359,860;
(iii) Parkview Vietnam Co. Ltd., owed about $196,938; and (iv)
Zhongshan Anplus Furniture Co. Ltd., owed about $175,028.  

Furniture today relates that the Company added South Asia Furniture
Mfg. Co. as unsecured creditor with an amount of $724,767 for a
judgment against the Company.  The amended creditors' list show
that the Company is disputing the claim from South Asia Furniture.

Judge Lena M. James presides over the case.

Samantha K. Brumbaugh, Esq., and Charles M. Ivey, III, Esq., at
Ivey, McClellan, Gatton, & Siegmund, LLP, serve as the Company's
bankruptcy counsel.

Turnkey Products, LLC, is a home office vendor headquartered in
Collierville, Tennessee.


USA SYNTHETIC: Court OKs Sale Protocol; Auction Slated for May 14
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware approved the
bidding procedures for the sale of assets proposed by USA Synthetic
Fuel Corporation.  The Debtor named Eye Capital Corporation as
"stalking horse bidder" for its assets.

The Court will hold an auction on May 14, 2015, at 10:00 p.m.
(prevailing Eastern Time) at the offices of Morris, Nichols, Arsht
& Tunnell LLP, 1201 N. Market Street, 16th Floor in Wilmington,
Delaware.  Bids for the Debtor's assets must be filed no later than
5:00 p.m. on May 11, 2015 (prevailing Eastern Time).

                      About USA Synthetic Fuel

Based in Lima, Ohio, USA Synthetic Fuel Corporation is an
environmentally focused, development stage energy company pursuing
low-cost, clean energy solutions through the deployment of Ultra
Clean Btu Converter technology.  Ultra Clean Btu Converter
technology is a process that cost-effectively converts lower-value
solid hydrocarbons, such as coal, into higher-value energy
products, such as Ultra Clean Synthetic Crude, which can be
refined
into a variety of fuels, such as diesel, jet, and gasoline.

USA Synthetic and its affiliates sought Chapter 11 bankruptcy
protection (Bankr. D. Del. Lead Case No. 15-10599) on March 17,
2015.  The petitions were signed by Dr. Steven C. Vick as chief
executive officer.  The Debtors disclosed total assets of $7.9
million and total debts of $99.3 million.

Morris, Nichols, Arsht & Tunnell, represents the Debtors as
counsel.  Asgaard Capital LLC acts as the Debtors' investment
banker.  R2B Group, LLC serves as the Debtors' interim chief
financial officer provider.


VAIL LAKE: Chapter 11 Liquidation Plan Declared Effective April 1
-----------------------------------------------------------------
Vail Lake Rancho California LLC and its debtor-affiliates informed
the Hon. Louise DeCarl Adler of the U.S. Bankruptcy Court for the
Southern District of California that their Chapter 11 plan of
liquidation became effective as of April 1, 2015.

The Debtor obtained confirmation of its liquidating plan on March
25, 2014, following a hearing on March 12.  The original version of
the Plan was filed Oct. 31, 2014.

A copy of the Confirmation Order is available at:

  http://bankrupt.com/misc/VailLake_722_order_planconfirmation.pdf

                        About Vail Lake

Vail Lake Rancho California, LLC, and its affiliates own the
California campground Vail Lake Resort. Vail Lake is a large
reservoir in western Riverside County, California, located on
Temecula Creek in the Santa Margarita River watershed,
approximately 15 miles east of Temecula, California.  Properties
cover approximately 9,000 acres and have an estimated water storage
capacity of approximately 51,000 acre-feet.

On Dec. 26, 2012, creditors of Vail Lake filed an involuntary
Chapter 11 petition (Bankr. S.D. Cal. Case No. 12-16684) for Vail
Lake.  In a filing on June 6, 2013, the Debtor said it consents to
the entry of an order for relief and does not contest the
involuntary Chapter 11 petition.

On June 5, 2013, the company sent 5 related entities -- Vail Lake
USA, LLC ("VLU"), Vail Lake Village & Resort, LLC ("VLRC"), Vail
Lake Groves, LLC, Agua Tibia Ranch, LLC, and Outdoor Recreational
Management, LLC -- to Chapter 11 bankruptcy.

The new debtors have sought and obtained an order for joint
administration of their Chapter 11 cases with Vail Lake Rancho
(Case No. 12-16684).

The Debtors are represented by attorneys at Cooley LLP and
Phillips, Haskett & Ingwalson, A.P.C.  The Debtor also employed
Thomas C. Hebrank and E3 Realty Advisors, Inc., with Mr. Hebrank
serving as the Debtors' chief restructuring officer. Lee &
Associates Commercial Real Estate Services is the real estate
brokers of the Debtors.

The Debtors' consolidated assets, as of May 31, 2013, total
$291,016,000 and liabilities total $52,796,846.


VICTORY ENERGY: Presented at IPAA OGIS Conference
-------------------------------------------------
Representatives of Victory Energy Corporation made a presentation
at the IPAA OGIS Conference in New York, New York.

The Company said it expects to:

   -- utilize available capital sources to complete the Lucas
      Energy merger and add value to all shareholders;

   -- acquire non-operated PDP assets, with future PUD development

      drilling locations;

   -- up-list from OTC:QX to NYSE MKT by completing the merger   
      with Lucas; and

   -- partner with operators, then build-out internal operating
      capabilities in early 2016.

The presentation is posted on the Company's Web site at
http://www.vyey.com/under the "Investors" tab, a copy of which is
available for free at http://is.gd/5o2Mp5

                       About Victory Energy

Austin, Texas-based Victory Energy Corporation is engaged in the
exploration, acquisition, development and exploitation of domestic
oil and gas properties.  Current operations are primarily located
onshore in Texas, New Mexico and Oklahoma.

Victory Energy reported a net loss of $4.22 million in 2014
following a net loss of $2.11 million in 2013.  As of Dec. 31,
2014, the Company had $1.2 million in total assets, $2.67 million
in total liabilities and a $1.46 million total stockholders'
deficit.

Weaver and Tidwell, L.L.P., in Houston, Texas, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing that the Company has
experienced recurring losses since its inception and has an
accumulated deficit, which raise substantial doubt regarding the
Company's ability to continue as a going concern.


WEST COAST: Can Use Cash Collateral Until May 2
-----------------------------------------------
The Hon. W. Richard Lee of the U.S. Bankruptcy Court for the
Eastern District of California entered on April 17, 2015, a third
interim court order allowing West Coast Growers, Inc., to use cash
collateral until May 2, 2015, provided that the Debtor's costs of
operation don't exceed $0.235 per processed pound.  The Court
didn't allow the Debtor to pay George Salwasser -- an insider from
the Debtor's payroll -- any compensation, nor provide him with any
other employee-related benefits, unless subsequently approved by
the Court.  Proceeds received by the Debtor in excess of the
expenses authorized by the weekly budget will be segregated in a
separated debtor-in-possession "Grower Account," with no
disbursements allowed without further court order.

A copy of the Budget is available for free at http://is.gd/bFjxNE

A final hearing on the Motion was set for April 21, 2015, but the
Debtor on April 21 told the Court that it entered into a
stipulation with creditors West Coast Growers, Inc., Central Valley
Community Bank, and various secured growers removing from the
Court's calender the April 21 final hearing.  The Debtor and the
Creditors have determined that there is no need for an evidentiary
hearing on the Motion, but contemplate submitting a further
stipulation for cash collateral use.

Any further stipulation for further cash collateral use will be
contingent on the Debtor submitting a budget which must be approved
by the Parties, unless otherwise ordered by the Court.

On March 26, 2015, Terry Crawford, senior vice president and
agribusiness lending group team leader for Central Valley, said in
a court filing, "I have reviewed the Debtor's proposed cash
collateral budget and do not believe that it is accurate in several
very material respects."  Amy Burgess, the Debtor's controller, she
disagreed with Mr. Crawford in a court filing made on the same day,
and affirmed that the budget submitted with the Motion was
conservative and reasonable, and didn't overstate income and
understate expenses.

The Court entered on March 31, 2015, an order allowing the Debtor
to use cash collateral until April 4, 2015, and set the final
hearing for April 21.

On April 1, Ms. Burgess filed a supplemental declaration in support
of the Debtors' further cash collateral use, saying that the Debtor
wanted to continue using cash collateral until April 18, 2015.
According to her, the Debtor is requesting a much reduced use of
cash collateral in the amount of $81,939 for April 5-11, and
another $79,250 for April 12 to 18.  The reduced requested cash
collateral use is due to steps the Debtor took to cut costs and
because it doesn't have the ability to assure payment to growers
who would otherwise deliver crop on a postpetition basis.  The
steps include, among other things, the reduction of work force in
half from 49 to 25 on April 6, and the elimination of Mr. Salwasser
with no paycheck and no further employee benefits.

On April 3, 2015, the Court entered a second interim order
authorizing the Debtor's cash collateral use until April 18, 2015.

In a supplemental declaration filed on April 15, 2015, in support
of the Debtor's further cash collateral use, Ms. Burgess said that
according to the Budget, the Debtor seeks to use an additional
$114,644 for the period April 19 through 25, and another $117,603
for the period April 26, 2015, through May 2, 2015.

                      About West Coast Growers

West Coast Growers, Inc., a Kerman, California-based processor and
distributor of California raisins, sought Chapter 11 bankruptcy
protection (Bankr. E.D. Cal. Case No. 15-11079) on March 20, 2015,
in Fresno, California.  The case is assigned to Judge W. Richard
Lee.

Related entity Salwasser, Inc. (the 100% shareholder of WCG) also
sought bankruptcy protection on March 20, 2015 (Case No. 15-11080).
Charlotte Ellen Salwasser filed a Chapter 11 petition (Case No.
15-10705) on Feb. 26, 2015.  Ms. Salwasser an husband George
Salwasser are the principals and 50% shareholders of Salwasser,
Inc.  Mr. Salwasser is the president of WCG, and Ms. Salwasser is
the vice president and secretary of WCG.

West Coast Growers disclosed total assets of $10.1 million and
total liabilities of $59.6 million.

Hagop T. Bedoyan, Esq., Jacob L. Eaton, Esq., at Lisa A. Holder,
Esq., at Klein, Denatale, Goldner, Cooper, Rosenlieb & Kimball,
LLP, serve as West Coast Growers' attorneys.  Peter L. Fear, Esq.,
at Fear Law Group, P.C., represents Salwasser as counsel.


YELLOWSTONE MOUNTAIN: Founder Ordered Back to Jail for Contempt
---------------------------------------------------------------
Patrick Fitzgerald, writing for The Wall Street Journal, reported
that Judge Sam Haddon of the U.S. District Court in Butte, Montana,
ordered former billionaire real-estate developer Tim Blixseth
jailed for contempt until he accounts for millions of dollars he
owes creditors.

According to the report, Judge Haddon returned Mr. Blixseth, the
founder of the luxurious Yellowstone Club ski and golf resort, to
jail for the second time in less than four months for failing to
account for the proceeds from the $13.8 million sale of the
Tamarindo resort in Mexico.  The report said the judge took issue
with Mr. Blixseth's previous accounting of the sale, noting in a
27-page order that "consistency in the figures and numbers in the
various accountings is not to be found."

                     About Yellowstone Mountain

Located near Big Sky, Montana, Yellowstone Mountain Club LLC --
http://www.theyellowstoneclub.com/-- is a private golf and ski
community with more than 350 members, including Bill Gates and Dan
Quayle.  The Company was founded in 1999.

Yellowstone Club and its affiliates filed for Chapter 11
bankruptcy (Bankr. D. Montana, Case No. 08-61570) on Nov. 10,
2008.  The Company's owner affiliate, Edra D. Blixseth, filed
a separate Chapter 11 petition on March 27, 2009 (Case No.
09-60452).

Attorneys at Bullivant Houser Bailey PC and Bekkedahl & Green
PLLC represented Yellowstone.  The Debtors hired FTI Consulting
Inc. and Ronald Greenspan as CRO.  The official committee of
unsecured creditors were represented by Parsons, Behle and
Latimer; and James H. Cossitt, Esq., as counsel.  Credit Suisse,
the prepetition first lien lender, was represented by Skadden,
Arps, Slate, Meagher & Flom.

In June 2009, the Bankruptcy Court entered an order confirming
Yellowstone's Chapter 11 Plan.  Pursuant to the Plan, CrossHarbor
Capital Partners LLC acquired equity ownership in the reorganized
Club for $115 million.

Marc S. Kirschner, Esq., was appointed the Trustee of the
Yellowstone Club Liquidating Trust created under the Plan.


[*] Morgan Drexen Obtains Favorable Ruling in Fraud Suit
--------------------------------------------------------
Morgan Drexen on April 21 disclosed that the U.S. Bankruptcy Court
of Southern Mississippi, in an adversarial proceeding brought by
the bankruptcy trustee, has granted Morgan Drexen and Walter Ledda,
summary judgment on claims, associated with fraud and
misrepresentation under 11 U.S.C. Section 526.  The court concluded
that claims against Morgan Drexen and its CEO, Walter Ledda were
totally without factual basis.

Specifically, the court's decision confirms that it is legal for
attorney Tami Munsch, who is supported by administrative services
of Morgan Drexen, to provide her clients with services through
Morgan Drexen and associated counsel.  The agreement Ms. Munsch had
with her client clearly provided that her law firm utilized the
administrative support services of Morgan Drexen for
non-legal-practice services.

"We are pleased by the court's ruling in this matter," said Jeffrey
Katz, general counsel for Morgan Drexen.  "The decision shows two
things, first that there was no misrepresentation by Tami Munsch,
an attorney we support with our company's services, and second that
the claims against Morgan Drexen were without basis.  Furthermore,
a large majority of serious legal problems are not addressed with
the help of a lawyer.  Our legal system must effectively use
technology, outsourcing, and non-lawyers to handle the non-legal
work once done by lawyers, as it is now possible to streamline and
standardize some legal services.  Judges like Judge Samson of the
Mississippi bankruptcy court appreciate the challenge that
Americans confront and will not issue orders tied to anachronistic
concepts of lawyering."

"This is a good ruling because it shows that affordable legal
services can still be provided for people who are in debt and do
not have the ability to hire high-priced attorneys with large
support staffs and big overhead," said Morgan Drexen CEO Walter
Ledda, who was cleared of any wrongdoing in the case.  "Our company
has the best intentions of providing outsourced support to
attorneys who can then pass the savings on to their clients who are
often drowning in debt."

                      About Morgan Drexen

Morgan Drexen -- http://morgandrexensupport.com/-- provides
integrated software systems and administrative support services to
businesses and attorneys nationwide. Morgan Drexen's proprietary
MDIS software improves workflow through the use of automated
document management.  In addition to computer technology, Morgan
Drexen provides businesses with marketing, marketing support, call
centers, outsourced litigation support, databases, work-product
retrieval systems and cloud-computing platforms facilitated by the
company's outsourced support staff.


[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Lawrence James Souza and Judith Louise Souza
   Bankr. E.D. Cal. Case No. 15-90358
      Chapter 11 Petition filed April 10, 2015

In re Dean Russo
   Bankr. D. Mass. Case No. 15-11399
      Chapter 11 Petition filed April 10, 2015

In re Antonella Rivara
   Bankr. E.D.N.Y. Case No. 15-71506
      Chapter 11 Petition filed April 10, 2015

In re Robert S. Cordeiro
   Bankr. D.R.I. Case No. 15-10730
      Chapter 11 Petition filed April 10, 2015


In re Franklin Hills, Jr.
   Bankr. M.D. Fla. Case No. 15-03731
      Chapter 11 Petition filed April 11, 2015


In re Michael Gaydos
   Bankr. D. Mass. Case No. 5-11405
      Chapter 11 Petition filed April 12, 2015

In re Henry A. Suarez, D.D.S., Inc.
   Bankr. C.D. Cal. Case No. 15-11278
      Chapter 11 Petition filed April 13, 2015
         See http://bankrupt.com/misc/cacb15-11278.pdf
         represented by: M. Jonathan Hayes, Esq.
                         SIMON RESNIK HAYES LLP
                         E-mail: jhayes@srhlawfirm.com

In re Brigitte Laure Huynh
   Bankr. C.D. Cal. Case No. 15-11876
      Chapter 11 Petition filed April 13, 2015

In re Michael Joseph Kilroy
   Bankr. C.D. Cal. Case No. 15-15708
      Chapter 11 Petition filed April 13, 2015

In re Forward Opportunities, Inc.
   Bankr. C.D. Cal. Case No. 15-15766
      Chapter 11 Petition filed April 13, 2015
         See http://bankrupt.com/misc/cacb15-15766.pdf
         represented by: Julie J. Villalobos, Esq.
                         OAKTREE LAW
                         E-mail: julie@oaktreelaw.com

In re Ariel Enrique Ciribe
   Bankr. C.D. Cal. Case No. 15-15770
      Chapter 11 Petition filed April 13, 2015

In re Specialty-Products Engineering, Inc.
   Bankr. C.D. Cal. Case No. 15-15790
      Chapter 11 Petition filed April 13, 2015
         See http://bankrupt.com/misc/cacb15-15790.pdf
         represented by: William H. Brownstein, Esq.
                         WILLIAM H. BROWNSTEIN & ASSOCIATES, P.C.
                         E-mail: Brownsteinlaw.bill@gmail.com

In re Tiffiany International LLC
   Bankr. N.D. Cal. Case No. 15-41172
      Chapter 11 Petition filed April 13, 2015
         See http://bankrupt.com/misc/canb15-41172.pdf
         Filed Pro Se

In re Interface Aviation, Inc.
   Bankr. N.D. Cal. Case No. 15-51215
      Chapter 11 Petition filed April 13, 2015
         See http://bankrupt.com/misc/canb15-51215.pdf
         represented by: Jason Vogelpohl, Esq.
                         CENTRAL COAST BANKRUPTCY, INC.
                         E-mail: jason@centralcoastbankruptcy.com

In re Teresa Smith
   Bankr. M.D. Ga. Case No. 15-10441
      Chapter 11 Petition filed April 13, 2015

In re Yelena Tashlyk
   Bankr. E.D.N.Y. Case No. 15-41629
      Chapter 11 Petition filed April 13, 2015

In re JTB Investments, LLP
   Bankr. E.D. Wis. Case No. 15-23700
      Chapter 11 Petition filed April 13, 2015
         See http://bankrupt.com/misc/wieb15-23700.pdf
         represented by: Lawrence G. Vesely, Esq.
                         OLSON, KULKOSKI, GALLOWAY & VESELY, S.C.
                         E-mail: larry@veselylaw.com

In re Michael Richard Kranz, Sr. and Julie E. Kranz
   Bankr. W.D. Wis. Case No. 15-11315
      Chapter 11 Petition filed April 13, 2015

In re James Dennis Lawford
   Bankr. M.D. Ala. Case No. 15-30955
      Chapter 11 Petition filed April 14, 2015

In re Mark Handel
   Bankr. C.D. Cal. Case No. 15-11292
      Chapter 11 Petition filed April 14, 2015

In re Attilio E. Armeni
   Bankr. C.D. Cal. Case No. 15-11293
      Chapter 11 Petition filed April 14, 2015

In re SR Vista FD, Inc.
   Bankr. C.D. Cal. Case No. 15-15819
      Chapter 11 Petition filed April 14, 2015
         See http://bankrupt.com/misc/cacb15-15819.pdf
         represented by: Thomas J. Polis, Esq.
                         POLIS & ASSOCIATES, APLC
                         E-mail: tom@polis-law.com

In re Cycle Shack, Inc.
   Bankr. N.D. Cal. Case No. 15-30466
      Chapter 11 Petition filed April 14, 2015
         See http://bankrupt.com/misc/canb15-30466.pdf
         represented by: Iain A. Macdonald, Esq.
                         MACDONALD FERNANDEZ, LLP
                         E-mail: iain@macfern.com

In re Edward Francis Cullen and Phyllis Marlene Cullen
   Bankr. N.D. Cal. Case No. 15-51232
      Chapter 11 Petition filed April 14, 2015

In re Gina D. Balog
   Bankr. M.D. Fla. Case No. 15-03250
      Chapter 11 Petition filed April 14, 2015

In re Provectus, LLC
   Bankr. M.D. Fla. Case No. 15-03814
      Chapter 11 Petition filed April 14, 2015
         See http://bankrupt.com/misc/flmb15-03814.pdf
         Filed Pro Se

In re Travis Wade Ragsdale
   Bankr. N.D. Ga. Case No. 15-40844
      Chapter 11 Petition filed April 14, 2015

In re Jody David Fontenot
   Bankr. W.D. La. Case No. 15-50449
      Chapter 11 Petition filed April 14, 2015

In re Ted's 355 Diner, Inc.
   Bankr. D. Md. Case No. 15-15299
      Chapter 11 Petition filed April 14, 2015
         See http://bankrupt.com/misc/mdb15-15299.pdf
         represented by: Richard B. Rosenblatt, Esq.
                         THE LAW OFFICES OF RICHARD B. ROSENBLATT
                         E-mail: rbrbankruptcy@gmail.com

In re St. Louis Catering and Restaurants L.L.C.
   Bankr. E.D. Mo. Case No. 15-42795
      Chapter 11 Petition filed April 14, 2015
         See http://bankrupt.com/misc/moeb15-42795.pdf
         represented by: Robert A. Breidenbach, Esq.
                         GOLDSTEIN AND PRESSMAN
                         E-mail: rab@goldsteinpressman.com

In re 275 Prospect Street Associates, LLC
   Bankr. D.N.J. Case No. 15-16683
      Chapter 11 Petition filed April 14, 2015
         See http://bankrupt.com/misc/njb15-16683.pdf
         represented by: Scott D. Sherman, Esq.
                         MINION & SHERMAN
                         E-mail: ssbankruptcy@minionsherman.com

In re High Prospects, LLC
   Bankr. D.N.J. Case No. 15-16684
      Chapter 11 Petition filed April 14, 2015
         See http://bankrupt.com/misc/njb15-16684.pdf
         represented by: Scott D. Sherman, Esq.
                         MINION & SHERMAN
                         E-mail: ssbankruptcy@minionsherman.com

In re Union Lumber Company, Inc.
   Bankr. D. Or. Case No. 15-31810
      Chapter 11 Petition filed April 14, 2015
         See http://bankrupt.com/misc/orb15-31810.pdf
         represented by: Rene Erm, II
                         RENE ERM II, P.L.L.C.
                         E-mail: rerm@my180.net

In re Mace A. Cadwell and Sherry A. Cadwell
   Bankr. D. Or. Case No. 15-31811
      Chapter 11 Petition filed April 14, 2015

In re William Harry Fryar
   Bankr. E.D. Tenn. Case No. 15-11532
      Chapter 11 Petition filed April 14, 2015

In re Garlan L. Gochenour
   Bankr. W.D. Va. Case No. 15-50358
      Chapter 11 Petition filed April 14, 2015

In re Viega International Corporation
   Bankr. E.D. Ark. Case No. 15-11797
      Chapter 11 Petition filed April 15, 2015
         See http://bankrupt.com/misc/areb15-11797.pdf
         represented by: Jennifer Ann Wells, Esq.
                         WELLS LAW FIRM, PLLC
                         E-mail: jennifer@jwellslawfirm.com

In re Robin Nassif
   Bankr. C.D. Cal. Case No. 15-11296
      Chapter 11 Petition filed April 15, 2015

In re Shulamit Shoshy Himmelman
   Bankr. C.D. Cal. Case No. 15-11310
      Chapter 11 Petition filed April 15, 2015

In re Carolyn E. Lawson
   Bankr. M.D. Fla. Case No. 15-03857
      Chapter 11 Petition filed April 15, 2015

In re Nahim Hassan
   Bankr. D. Md. Case No. 15-15296
      Chapter 11 Petition filed April 15, 2015

In re Karen Ann Burkett
   Bankr. D. Md. Case No. 15-15359
      Chapter 11 Petition filed April 15, 2015

In re Curtis O. Longs
   Bankr. E.D. Mich. Case No. 15-45961
      Chapter 11 Petition filed April 15, 2015

In re 39 Franklin Realty, LLC
   Bankr. D.N.J. Case No. 15-16879
      Chapter 11 Petition filed April 15, 2015
         See http://bankrupt.com/misc/njb15-16879.pdf
         represented by: Melinda D. Middlebrooks, Esq.
                         MIDDLEBROOKS SHAPIRO, P.C.
                      E-mail: middlebrooks@middlebrooksshapiro.com

In re Beautiful View Realty, Inc.
   Bankr. E.D.N.Y. Case No. 15-41682
      Chapter 11 Petition filed April 15, 2015
         See http://bankrupt.com/misc/nyeb15-41682.pdf
         represented by: Nnenna Okike Onua, Esq.
                         MCKINLEY ONUA & ASSOCIATES, PLLC
                         E-mail: nonua@mckinleyonua.com

In re Zaler Pop Holdings of Youngstown, LLC
   Bankr. N.D. Ohio Case No. 15-40672
      Chapter 11 Petition filed April 15, 2015
         See http://bankrupt.com/misc/ohnb15-40672.pdf
         represented by: Melissa M. Macejko, Esq.
                         SUHAR & MACEJKO, LLC
                         E-mail: mmacejko@suharlaw.com

In re Impact Marketing Systems, Inc.
   Bankr. W.D. Pa. Case No. 15-10417
      Chapter 11 Petition filed April 15, 2015
         See http://bankrupt.com/misc/pawb15-10417.pdf
         represented by: Daniel P. Foster, Esq.
                         FOSTER LAW OFFICES
                         E-mail: dan@mrdebtbuster.com

In re William Ralph McCawley, Jr.
   Bankr. W.D. Tenn. Case No. 15-23410
      Chapter 11 Petition filed April 15, 2015

In re Saqib Iqbal
   Bankr. E.D. Va. Case No. 15-11256
      Chapter 11 Petition filed April 15, 2015

In re ABCCCDE, LLC
   Bankr. W.D. Wis. Case No. 15-11364
      Chapter 11 Petition filed April 15, 2015
         See http://bankrupt.com/misc/wiwb15-11364.pdf
         represented by: Wade M. Pittman, Esq.
                         PITTMAN & PITTMAN LAW OFFICES, LLC
                         E-mail: wade@pittmanandpittman.com

In re Grass Creek Coal Company
   Bankr. D. Wyo. Case No. 15-20246
      Chapter 11 Petition filed April 15, 2015
         See http://bankrupt.com/misc/wyb15-20246.pdf
         represented by: Eric K. Nelson, Esq.
                         LEWIS ROCA ROTHGERBER LLC
                         E-mail: enelson@lrrlaw.com

In re Fred Matthew Adelman
   Bankr. C.D. Cal. Case No. 15-15952
      Chapter 11 Petition filed April 16, 2015

In re David E. Wells and Wanda H. Wells
   Bankr. E.D.N.C. Case No. 15-02124
      Chapter 11 Petition filed April 16, 2015

In re Vasos, Inc.
   Bankr. E.D. Pa. Case No. 15-12639
      Chapter 11 Petition filed April 16, 2015
         See http://bankrupt.com/misc/paeb15-12639.pdf
         represented by: Robert H. Holber, Esq.
                         LAW OFFICE OF ROBERT H. HOLBER, P.C.
                         E-mail: rholber@holber.com

In re Jorge E. Rodriguez
   Bankr. D.P.R. Case No. 15-02794
      Chapter 11 Petition filed April 16, 2015

In re TD Burger, LLC
   Bankr. D. Md. Case No. 15-15445
      Chapter 11 Petition filed April 16, 2015
         See http://bankrupt.com/misc/mdb15-15445.pdf
         represented by: Akia Embry, Esq.
                         THE EMBRY LAW GROUP
                         E-mail: akiae.esq@gmail.com

In re Sycamore Marble Company, Inc.
   Bankr. N.D. Ala. Case No. 15-40632
      Chapter 11 Petition filed April 17, 2015
         See http://bankrupt.com/misc/alnb15-40632.pdf
         represented by: Harry P. Long, Esq.
                         THE LAW OFFICE OF HARRY P. LONG, LLC
                         E-mail: ecfpacer@gmail.com

In re Kamil Miarka
   Bankr. S.D. Ala. Case No. 15-01228
      Chapter 11 Petition filed April 17, 2015

In re Larry A. Boyd and Kathryn A. Boyd
   Bankr. D. Ariz. Case No. 15-04481
      Chapter 11 Petition filed April 17, 2015

In re Stephen P. Goetting and Barbara A. Goetting
   Bankr. D. Ariz. Case No. 15-04504
      Chapter 11 Petition filed April 17, 2015

In re Arnold Land Company, LLC
   Bankr. E.D. Ark. Case No. 15-11896
      Chapter 11 Petition filed April 17, 2015
         See http://bankrupt.com/misc/areb15-11896.pdf
         represented by: Jeannette A. Robertson, Esq.
                         ROBERTSON LAW FIRM
                         E-mail: rlf@robertsonlawfirm.biz

In re Richard Paul Hidalgo and Alyson Joy Hidalgo
   Bankr. C.D. Cal. Case No. 15-11966
      Chapter 11 Petition filed April 17, 2015

In re Robert John Guardino
   Bankr. C.D. Cal. Case No. 15-11972
      Chapter 11 Petition filed April 17, 2015

In re Cassandra McCord
   Bankr. S.D. Fla. Case No. 15-17010
      Chapter 11 Petition filed April 17, 2015

In re Baltzar Martinez and Angelica Martinez
   Bankr. D. Nev. Case No. 15-12161
      Chapter 11 Petition filed April 17, 2015

In re Maria Aurelia Mariscal
   Bankr. D. Nev. Case No. 15-12175
      Chapter 11 Petition filed April 17, 2015

In re David Klein and Lisa Klein
   Bankr. E.D.N.Y. Case No. 15-41732
      Chapter 11 Petition filed April 17, 2015

In re Wellesley K. Clayton
   Bankr. W.D.N.C. Case No. 15-30573
      Chapter 11 Petition filed April 17, 2015

In re Southmarc Builders LLC
   Bankr. W.D.N.C. Case No. 15-30575
      Chapter 11 Petition filed April 17, 2015
         Filed Pro Se

In re Michael A. Thurston and Elizabeth U. Thurston
   Bankr. W.D. Pa. Case No. 15-21338
      Chapter 11 Petition filed April 17, 2015

In re Dermatologic Institute, S.E.
   Bankr. D.P.R. Case No. 15-02853
      Chapter 11 Petition filed April 17, 2015
         See http://bankrupt.com/misc/prb15-02853.pdf
         represented by: Teresa M. Lube Capo, Esq.
                         LUBE & SOTO LAW OFFICES PSC
                         E-mail: lubeysoto@gmail.com

In re Cal Import Global Logistics, Inc.
   Bankr. C.D. Cal. Case No. 15-16133
      Chapter 11 Petition filed April 19, 2015
         See http://bankrupt.com/misc/cacb15-16133.pdf
         represented by: Stephen R. Wade, Esq.
                         THE LAW OFFICES OF STEPHEN R. WADE
                         E-mail: srw@srwadelaw.com

In re New Jerusalem Nail & Spa, Inc.
   Bankr. D.N.J. Case No. 15-17062
      Chapter 11 Petition filed April 19, 2015
         See http://bankrupt.com/misc/njb15-17062.pdf
         represented by: Warren D. Levy, Esq.
                         LAW OFFICES OF KASURI & LEVY, LLC
                         E-mail: lawfirm@kasurilevy.com



                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

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 ***