TCR_Public/150827.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, August 27, 2015, Vol. 19, No. 239

                            Headlines

2159372 ONTARIO: Files for Bankruptcy; Creditor's Meeting Sept. 3
315 W 35TH: Court OKs Auction Sale Terms for 35th Street Property
315 W 35TH: Has Settlement with Motovich Holdings
315 W 35TH: Marcus & Millichap Approved as Real Estate Broker
315 W 35TH: Mazel Allowed to Advertise Property Foreclosure Sale

315 W 35TH: UMC Asserts Cause for Extension Was Not Estabished
ACTIVECARE INC: Delays Second Quarter Form 10-Q
ALLIED NEVADA: Balks at Cost Incurred in Retention of LeClairRyan
ALLIED NEVADA: Cole Schotz OK'd as Equity Panel's Delaware Counsel
ALLIED NEVADA: Equity Attorneys Have Issue With Withdrawal

ALLIED NEVADA: Equity Committee Balks at Addendum to FTI Hiring
ALLIED NEVADA: Upshot Services Approved as Information Agent
AMERICAN APPAREL: Said to Seek Advisers for Bankruptcy Deal
AMERICAN EAGLE: Court Sets Sept. 9 Auction of Assets
AMERICAN EAGLE: Has Until Dec. 7, 2015 to Decide on Leases

AMERICAN EAGLE: Mineral Contractors Sue Over Lien Priority
AMERICAN SPECTRUM: Proofs of Claim Due Oct. 7, 2015
AMSCO STEEL: U.S. Trustee Forms Five-Member Creditors' Committee
API TECHNOLOGIES: Files Financial Statements of Inmet & Weinschel
ARRAY BIOPHARMA: Board Approves 2016 Annual Bonus Program

ARRAY BIOPHARMA: FMR LLC Reports 12.6% Stake as of June 30
AUTOMATED MESSAGE: Case Summary & 5 Largest Unsecured Creditors
AXION INTERNATIONAL: Incurs $3.6 Million Net Loss in Q2
BIRMINGHAM COAL: Debenture Holders Want Official Committee
BOOMERANG TUBE: 'Challenge' Period Extended to Sept. 1

BOOMERANG TUBE: Creditors' Panel Taps Alvarez & Marsal as Advisors
BOOMERANG TUBE: Sec. 1111(b) Deadline Set at Sept. 14
BOOMERANG TUBE: UST Objects to Alvarez & Marsal Fee Provisions
BREF HR: Delays Second Quarter Form 10-Q
BRIARWOOD ACQUISITION: Bankr. Court Partially Lifts Stay for Bank

BRINKER INTERNATIONAL: Moody's Withdraws Ba1 Corp. Family Rating
CA CAPITAL FUNDS: Voluntary Chapter 11 Case Summary
CAESARS ENTERTAINMENT: Enters Into RSA with Bank Lenders
COLLAVINO CONSTRUCTION: Extends CCCI's Plan Filing Until Sept. 16
COMMUNICATION INTELLIGENCE: Investors Buy 329,000 Units

CORINTHIAN COLLEGES: OK'd to Sell IP Assets to Thomas Education
DAVE ANDREWS: 2nd Amended Plan Unconfirmable
DOMUM LOCIS: Has Until Nov. 30 to Propose Chapter 11 Plan
DRIVETIME AUTOMOTIVE: S&P Revises Outlook to Neg. & Affirms 'B' ICR
ECOSPHERE TECHNOLOGIES: Delays Second Quarter Form 10-Q

EDENOR SA: Informs Filing of 2014 Annual Report 20-F
ELBIT IMAGING: Incurs NIS 70.9 Million Loss in Second Quarter
FAMILY CHRISTIAN: Lease Decision Period Extended Until Sept. 9
FILMED ENTERTAINMENT: Has Interim Cash Collateral Use Approval
FILMED ENTERTAINMENT: U.S. Trustee Appoints Creditors' Committee

FOREVERGREEN WORLDWIDE: Reports $1.4 Million Net Loss for Q2
FRED FULLER: Proposes Pot Plan; Owner to Retain Control
FTE NETWORKS: Delays June 30 Form 10-Q Filing
FUENMAYOR & LINDA: Case Summary & 4 Top Unsecured Creditors
GREIF INC: Moody's Lowers CFR to Ba2 & Revises Outlook to Negative

HD SUPPLY: Enters Into $850 Million New Term Loan Facility
HOUSE OF LIGHTS: Case Summary & 20 Largest Unsecured Creditors
IDINER ENTERPRISES: Case Summary & Top Unsecured Creditor
INDUSTRIAS VASSALLO: Bankr. Court Denies USIC's Reconsideration Bid
LIFE CARE: Forbearance and Restructuring Deals with UMB Bank OK'd

LOCAL CORP: Gets Final Approval to Use Fast Pay's Cash Collateral
LOCAL CORP: Wants Deadline Set for Filing Proofs of Claim
LOCAL CORP: Winthrop Couchot Okayed as General Insolvency Counsel
LUCA INTERNATIONAL: Meeting of Creditors Set for Sept. 22
MALIBU ASSOCIATES: Hires Dore Group to Appraise Golf Club

MISSISSIPPI PHOSPHATES: Court OKs Assessment Tech as Consultant
MOBIVITY HOLDINGS: Amends 26.6 Million Shares Resale Prospectus
NAKED BRAND: Haute Hippie CEO Joins Board of Directors
NEPHROS INC: Appoints Moshe Pinto as Director
NEPHROS INC: FDA to Verify Implementation of Corrective Actions

NET ELEMENT: Units Complete Acquisition of PayOnline
NIRVANA INC: Lowenstein Not Representing Investor Group
NRAD MEDICAL: U.S. Trustee Appoints Creditors' Committee
NYDJ APPAREL: Moody's Changes PDR to Caa1-PD/LD; Outlook Stable
OAKFABCO INC: Directors Consent to Voluntary Ch. 11 Filing

OFFSHORE DRILLING: Fitch Cuts Issuer Default Ratings to 'B+'
OZBURN-HESSEY HOLDING: Moody's Raises Corp. Family Rating to 'B1'
PATRIOT COAL: Plan Confirmation Hearing Slated for September 16
PHOTOMEDEX INC: Gets Approval of 2 Class Action Settlements
PROGRESSIVE CROP: Case Summary & 18 Largest Unsecured Creditors

PROTOM INTERNATIONAL: Lain Faulkner Approved as Accountants
QUALITY DISTRIBUTION: Closes Merger With Gruden
QUICKSILVER RESOURCES: Milbank Files Supplemental 2019 Statement
RAZORE ROCK: Delays Filing of Audited Financial Statements
RELATIVITY MEDIA: Bankruptcy Judge Authorizes Auction of Assets

RESEARCH SOLUTIONS: Peter Derycz Reports 20% Stake as of Aug. 4
RESPONSE BIOMEDICAL: Incurs $2,000 Net Loss in Second Quarter
RETROPHIN INC: Files $65 Million Suit Against Former CEO
RIVERWALK JACKSONVILLE: Court OKs Real Property Sale to Alliance
ROADRUNNER ENTERPRISES: 35 Properties Sold for $1.82M

ROYAL CAR WASH: Voluntary Chapter 11 Case Summary
RREAF O&G: Hires Holland & Knight as Bankruptcy Counsel
SABINE OIL: Creditors Call for Probe Into Merger with Forest
SAINT MICHAEL'S MEDICAL: Has Interim OK to Tap $5M in DIP Loan
SALADWORKS LLC: Liquidating Plan Set for Sept. 16 Confirmation

SAMSON RESOURCES: Reaches Restructuring Agreement with Lenders
SAMSON RESOURCES: Suspending Duty to File Reports with SEC
SANTA FE GOLD: Case Summary & 20 Largest Unsecured Creditors
SANTA FE GOLD: Files for Chapter 11 to Pursue Assets Sale
SB PARTNERS: Incurs $128K Net Loss in Second Quarter

SCIENCE APPLICATIONS: Moody's Confirms Ba3 CFR; Outlook Stable
SEANERGY MARITIME: Annual Meeting Set for September 23
SEARS HOLDINGS: Edward Lampert Reports 53% Stake as of Aug. 17
SIMON WORLDWIDE: Posts $192,000 Net Loss for Second Quarter
SKYSTAR BIO-PHARMA: Gets Nasdaq Listing Non-Compliance Notice

SNOWFLAKE COMMUNITY: Apache Railway Faces Nov. 30 Payment Deadline
SPENDSMART NETWORKS: Incurs $1.3 Million Net Loss in Q2
SPRINGHILL PARTNERS: Court Recommends $889K Judgment vs. Livaditis
SULA INC: Case Summary & 20 Largest Unsecured Creditors
SUNVALLEY SOLAR: Delays Q2 Form 10-Q for Review

TALEN ENERGY: Moody's Affirms Ba2 CFR & Revises Outlook to Neg.
TARGETED MEDICAL: Incurs $546K Net Loss in Second Quarter
TECHPRECISION CORP: Reports $206,000 Net Income for 2nd Quarter
TECHPRECISION CORP: Reports First Quarter 2016 Financial Results
THORNTON & CO: Bank Balks at Proposed Gordian Employment

THORNTON & CO: Bank Objects to Proposed Critical Vendor Payment
TRACK GROUP: Incurs $2.9 Million Net Loss in Second Quarter
TRANS ENERGY: Delays Filing of Second Quarter Form 10-Q
TRANS ENERGY: Incurs $8.5 Million Net Loss in Second Quarter
TRANSGENOMIC INC: Amends 2014 Annual Report to Update Information

TRANSGENOMIC INC: Incurs $3.6 Million Net Loss in Second Quarter
TWIN RINKS: Court Okays Hiring of Joseph Broderick as Accountants
U.S. RENAL: Moody's Puts B2 CFR Under Review for Downgrade
VERTICAL COMPUTER: Receives US Patent #9,112,832
VICTORY ENERGY: Delays Q2 Form 10-Q for Review

VISCOUNT SYSTEMS: Needs More Time to File Form 10-Q
WAVE SYSTEMS: Incurs $7.1 Million Net Loss in Second Quarter
WILTON HOLDINGS: S&P Raises CCR to 'B-', Outlook Negative
Z TRIM HOLDINGS: Needs More Time to File 2nd Quarter Form 10-Q
Z'TEJAS SCOTTSDALE: Sept. 25 Auction Set for Some Restaurants

[^] Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

2159372 ONTARIO: Files for Bankruptcy; Creditor's Meeting Sept. 3
-----------------------------------------------------------------
The bankruptcy of 2159372 Ontario Limited occurred on Aug. 11,
2015, and the first meeting of creditors will be held on Sept. 3,
2015, at 10:00 a.m., at the trustee's office, 151 Bloor St. West,
12th Floor in Toronto, Ontario.

The Fuller Landau Group Inc.
Trustee in Bankruptcy
151 Bloor St. W., 12th Floor
Toronto, Ontario M5S 1S4
Tel: (416) 645-6500
Fax: (416) 645-6501


315 W 35TH: Court OKs Auction Sale Terms for 35th Street Property
-----------------------------------------------------------------
Judge Stuart M. Bernstein of the U.S. Bankruptcy Court for the
Southern District of New York approved Debtor 315 W 35th Associates
LLC's sale procedures for the auction sale of its real property
located at 315 West 35th Street, New York, New York.

The sale procedures contain, among others, these terms and
conditions:

     (a) 315 W 35TH Associates will offer for sale real property
located at 315 West 35th Street, New York, New York, at an auction
sale to be held at the U.S. Bankruptcy Court, before the Honorable
Stuart M. Bernstein, One Bowling Green, Room 723, New York, NY
10004 on July 13, 2015 at 2:00 p.m. at a minimum bid of $31,500,000
or to any person or entity making a higher and better offer on the
terms and conditions hereafter set forth and recited at the
Auction. All offers to purchase the Property must comply with these
bid terms.

     (b) The auction sale is subject to the following terms and
conditions:

          (1) The Property will be sold (i) “as is” and
“whereas” with no representations, legal or equitable, of any
kind and (ii) with all liens, claims, and encumbrances, and other
interests to attach to the proceeds of the sale.

         (2) The Auction will proceed with bidding increments of
$250,000.

         (3) Notwithstanding the minimum bid amount stated above,
Mazel 315 West 35th LLC has the sole right to credit bid up to the
full amount of its debt.

         (4) The successful Purchaser must execute the Contract of
Sale that has been made available through the Debtor’s real
estate broker, which is consistent with the procedures before the
U. S. Bankruptcy Court authorizing an auction sale, and the closing
shall take place within fourteen (14) days after entry of the order
approving the sale to the successful bidder, with time being of the
essence.

     (c)  Mazel 315 West 35th LLC (“Mazel”) is deemed a
Qualified Bidder.

     (d) Any objections to the Proposed Sale must be submitted on
or before 4:30 p.m. on July 2, 2015.

     (e) The Sale Hearing to consider approval of the Trustee's
entry into and consummation of a transaction with a successful
bidder shall immediately follow the sale on July 13, 2015 at 2:00
p.m.

Secured Creditor Mazel 315 West 35th objected to the motion,
alleging that the sale procedures were ineffective, inefficient and
were designed to cause further delay.

M. David Graubard, Esq., at Kera & Graubard, in New York, New York,
tells the Court that Mazel's objection simply rehashed a lot of the
case's history and incorporated much of Mazel's Dismissal Motion
arguments. He further tells the Court that Mazel has not raised any
substantive arguments with regard to the sale of the Property, nor
of the procedures that are sought to be approved in the Sale
Motion.

315 W 35th Associates is represented by:

          M. David Graubard, Esq.
          KERA & GRAUBARD
          240 Madison Avenue, 7th Floor
          New York, NY 10016
          Telephone: (212)681-1600
          E-mail:  dgraubard@keragraubard.com

Mazel 315 West 35th is represented by:

          Stephen B. Meister, Esq.
          Christopher J. Major, Esq.
          Kevin A. Fritz, Esq.
          MEISTER SEELIG & FEIN LLP
          125 Park Avenue, 7th Floor
          New York, NY 10017
          Telephone: (212)655-3500
          Facsimile: (212)655-3535
          E-mail: sbm@msf-law.com
                  cjm@msf-law.com
                  kaf@msf-law.com

                    About 315 W 35th Associates

315 W 35th Associates LLC, owner of a parcel of real estate located
at 315 West 35th Street, New York, sought Chapter 11 bankruptcy
protection (Bankr. S.D.N.Y. Case No. 15-10877) on
April 8, 2015.  The Debtor, a Single Asset Real Estate, says the
property is worth $40 million.  Its liabilities total
$30.7 million.  The Debtor tapped M. David Graubard, Esq., at Kera
& Graubard, in  New York, as bankruptcy counsel.



315 W 35TH: Has Settlement with Motovich Holdings
-------------------------------------------------
315 W 35th Associates LLC asks the United States Bankruptcy Court
of the Southern District of New York to approve a settlement they
negotiated with Motovich Holdings, LLC, to resolve their
differences.

The essential terms of the agreement are as follows: (a) The
Motovich claim is allowed in part as a secured claim in the sum of
$4,500,000, with the balance of $2,809,997 remaining subject to
dispute by the Debtor; (b) the Debtor will withdraw its motion in
the Supreme Court action, which sought to vacate the default
judgement entered by Motovich against the Debtor; (c) Motovich
agrees to vote in favor of the Plan and to the extent necessary
withdraws its prior objection to the Amended Disclosure Statement;
and (d) the Debtor reserves the right to object to the disputed
part of the Motovich claim.

The Debtor maintains that it is important for the Stipulation to be
considered and approved by the court as it is an essential part of
the Debtor's program for the confirmation of the plan.

The Court directed the U.S. Trustee and all creditors and
parties-in-interest to show cause why an order should not be made
approving the settlement between the Debtor and Motovich Holdings.

The Debtor is represented by:

          M. David Graubard, Esq.
          KERA & GRAUBARD
          240 Madison Ave, 7th fl
          New York, New York 10016
          Tel: (212) 681-1600
          Fax: (212) 681-1601
          Email:  dgraubard@keragraubard.com

Motovich Holdings, LLC is represented by:

          Michael J. Spithogiannis, Esq.
          Mathhew Dollinger, Esq.
          DOLLINGER GONSKI GROSSMAN
          One Old Country Road
          Carle Place, New York 11514
          Tel: (516) 747-1010
          Fax: (516) 747-2494
          Email: dgglaw@dggny.com

             -- and --

          Michael D. Brofman, Esq.
          WEISS, ZARETT, BROFMAN & SONNENKLAR P.C.
          333 New Hyde Park Rd., Suite 211
          New Hyde Park, New York 11042
          Tel: (516) 627-7000
          Fax: (516) 877-1172
          Email: mbrofman@weisszarett.com

                       About 315 W 35th Associates

315 W 35th Associates LLC, owner of a parcel of real estate located
at 315 West 35th Street, New York, sought Chapter 11 bankruptcy
protection (Bankr. S.D.N.Y. Case No. 15-10877) on April 8, 2015.
The Debtor, a Single Asset Real Estate, says the property is worth
$40 million. Its liabilities total $30.7 million.

The Debtor tapped M. David Graubard, Esq., at Kera & Graubard, in
New York, as bankruptcy counsel.  According to the docket, the
Debtor's Chapter 11 plan and disclosure statement are due Aug. 6,
2015.


315 W 35TH: Marcus & Millichap Approved as Real Estate Broker
-------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York
authorized 315 W 35th Associates LLC to employ the firm of Marcus &
Millichap Real Estate Investment Service of New York, as real
estate broker, nunc pro tunc to April 8, 2015.

The Debtor will pay the firm a brokerage commission of 2.25% of the
gross selling price of its property located at 315 West 35th
Street, New York City.

Michael J. Spithogiannis, Esq., a member of the firm of Dollinger,
Gonski & Grossman, attorneys for the largest judgment creditor
Motovich Holdings, LLC, has objected to the proposed order insofar
that M&M be paid its commission ahead of Motovich.

Mr. Spithogiannis also asserted that when Motovich agreed to
subordinate its lien to M&M's commission it was based on sale
procedures submitted by the Debtor that provided for a minimum bid
of $35,000,000.  It now appears that secured creditor Mazel 315 W
35th, LLC, and the Debtor had agreed to amend the bidding procures
to provide for a minimum bid of $31,500,000.

Motovich does not consent to the proposed order because it leaves
open the circumstances under which M&M must be paid ahead of
Motovich.

As reported in the Troubled Company Reporter on May 21, 2015,
according to the Debtor, Marcus & Millichap will receive a
brokerage commission of 2.25% of the gross selling price of the
Debtor's property located at 315 West 35th Street, New York City.

Secured creditor Mazel 315 West 35th LLC has objected to the
application, stating that as of the Petition Date, the Debtor
asserted that it had procured a buyer willing to pay $40,000,000
for the Debtor's only asset, the real property commonly known as
315 West 35th Street, New York City.

Mazel points out that the Debtor, in the application, claimed that
it needed to hire the same real estate broker that failed to
procure a ready, willing and able buyer for nearly two years
preceding the Petition Date in order to market the property anew.
"Thus, the application confirmed that Debtor filed the case in bad
faith, misrepresented the status of its efforts to sell the
property in its Petition, and is intent on engaging in dilatory
tactics to delay the inevitable foreclosure sale that was ordered
in New York Supreme Court and scheduled for the day after Debtor's
Petition to commence the case," Mazel tells the Court.

Motovich is represented by:

         Michael J. Spithogiannis, Esq.
         DOLLINGER, GONSKI & GROSSMAN
         One Old Country Road, Suite
         P.O. Box 9010
         Carle Place, NY 11514-9010
         Tel: (516) 747-1010
         E-mail: dgglaw@dggny.com

                    About 315 W 35th Associates

315 W 35th Associates LLC, owner of a parcel of real estate located
at 315 West 35th Street, New York, sought Chapter 11 bankruptcy
protection (Bankr. S.D.N.Y. Case No. 15-10877) on
April 8, 2015.  

The Debtor, a Single Asset Real Estate, says the property is worth
$40 million.  Its liabilities total $30.7 million.

The Debtor tapped M. David Graubard, Esq., at Kera & Graubard, in
New York, as bankruptcy counsel.

According to the docket, the Debtor's Chapter 11 plan and
disclosure statement are due Aug. 6, 2015.



315 W 35TH: Mazel Allowed to Advertise Property Foreclosure Sale
----------------------------------------------------------------
The Hon. Stuart M. Bernstein of the U.S. Bankruptcy Court for the
Southern District of New York ordered that the automatic stay is
modified only to the extent of allowing Mazel 315 West 35th LLC,
the secured creditor of 315 W 35th Associates LLC, to schedule,
advertise, and take attendant steps to the scheduling and
advertising of the state court foreclosure sale of the real
property commonly known as 315 West 35th Street, New York City.

Mazel requested for an order dismissing the Debtor's bankruptcy
case and prohibiting the Debtor from re-filing a bankruptcy
petition for 180 days, or, in the alternative, for relief from the
automatic stay to allow completion of a state court foreclosure
sale and to allow the state court-appointed receiver to retain
possession, custody and control of the property.

Judge Bernstein also ordered that pending either a transfer of
title to the property pursuant to the contemplated Bankruptcy Court
auction or further order of the Court, William Bagliebter of
William Bagliebter PLLC, the court-appointed receiver in the state
court foreclosure action, will retain possession, custody, and
control of the property.

                    About 315 W 35th Associates

315 W 35th Associates LLC, owner of a parcel of real estate located
at 315 West 35th Street, New York, sought Chapter 11 bankruptcy
protection (Bankr. S.D.N.Y. Case No. 15-10877) on
April 8, 2015.  

The Debtor, a Single Asset Real Estate, says the property is worth
$40 million.  Its liabilities total $30.7 million.

The Debtor tapped M. David Graubard, Esq., at Kera & Graubard, in
New York, as bankruptcy counsel.

According to the docket, the Debtor's Chapter 11 plan and
disclosure statement are due Aug. 6, 2015.



315 W 35TH: UMC Asserts Cause for Extension Was Not Estabished
--------------------------------------------------------------
El Paso County Hospital District, doing business as University
Medical Center of El Paso, objected to El Paso Children's Hospital
Corporation's motion to extend time to assume or reject leases of
nonresidential real property, stating that the Debtor cannot
establish cause to support extending the time period to assume or
reject the facility lease.

UMC is represented by:

         Louis R. Strubeck, Jr., Esq.
         Elizabeth N. Boydston, Esq.
         Timothy S. Springer, Esq.
         NORTON ROSE FULBRIGHT US LLP
         2200 Ross Avenue, Suite 3600
         Dallas, TX 75201-7932
         Tel: (214) 855-8000
         Fax: (214) 855-8200
         E-mail: louis.strubeck@nortonrosefulbright.com
                 liz.boydston@nortonrosefulbright.com
                 tim.springer@nortonrosefulbright.com

                    About 315 W 35th Associates

315 W 35th Associates LLC, owner of a parcel of real estate located
at 315 West 35th Street, New York, sought Chapter 11 bankruptcy
protection (Bankr. S.D.N.Y. Case No. 15-10877) on
April 8, 2015.  

The Debtor, a Single Asset Real Estate, says the property is worth
$40 million.  Its liabilities total $30.7 million.

The Debtor tapped M. David Graubard, Esq., at Kera & Graubard, in
New York, as bankruptcy counsel.

According to the docket, the Debtor's Chapter 11 plan and
disclosure statement are due Aug. 6, 2015.



ACTIVECARE INC: Delays Second Quarter Form 10-Q
-----------------------------------------------
ActiveCare, Inc., filed with the U.S. Securities and Exchange
Commission a Notification of Late Filing on Form 12b-25 with
respect to its quarterly report on Form 10-Q for the quarter ended
June 30, 2015.  The Company said it needs additional time to
complete the presentation of its financial statements and the
analysis thereof.

                         About ActiveCare

South West Valley City, Utah-based ActiveCare, Inc., is organized
into three business segments based primarily on the nature of the
Company's products.  The Stains and Reagents segment is engaged in
the business of manufacturing and marketing medical diagnostic
stains, solutions and related equipment to hospitals and medical
testing labs.  The CareServices segment is engaged in the business
of developing, distributing and marketing mobile health monitoring
and concierge services to distributors and customers.  The Chronic
Illness Monitoring segment is primarily engaged in the monitoring
of diabetic patients on a real time basis.

The Company's business plan is to develop and market products for
monitoring the health of and providing assistance to mobile and
homebound seniors and the chronically ill, including those who may
require a personal assistant to check on them during the day to
ensure their safety and well being.

ActiveCare reported a net loss attributable to common stockholders
of $16.4 million for the year ended Sept. 30, 2014, compared to a
net loss attributable to common stockholders of $27.5 million for
the year ended Sept. 30, 2013.

As of March 31, 2015, the Company had $4.63 million in total
assets, $11.1 million in total liabilities and a $6.49 million
total stockholders' deficit.

Tanner LLC, in Salt Lake City, Utah, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Sept. 30, 2014.  The independent auditors noted that
the Company has recurring losses, negative cash flows from
operating activities, negative working capital, negative total
equity, and certain debt that is in default.  These conditions, the
auditors said, among others, raise substantial doubt about the
Company's ability to continue as a going concern.


ALLIED NEVADA: Balks at Cost Incurred in Retention of LeClairRyan
-----------------------------------------------------------------
The lenders under a Secured Multiple Draw Debtor-In-Possession
Credit Agreement, dated as of March 12, 2015, reserved its right to
object to any request for compensation by LeClairRyan, a
Professional Corporation, as counsel for the Official Committee of
Equity Security Holders of Allied Nevada Gold Corp., et al., nunc
pro tunc to May 25, 2015.  

The DIP Lenders told the Court that the reservation of rights
extends to the request seeking payment for work that is either
duplicative of work previously performed by Former Committee
Counsel or may be otherwise unreasonable.

The Debtors, in a statement, said that while they do not object to
the Equity Committee's second attempt to retain counsel, the
Debtors remain focused on costs that are being incurred by the
Equity Committee's professionals and the costs being incurred by
other parties in the Chapter 11 cases based on the Equity
Committee's conduct to date.

The Equity Committee asked for permission to employ LeClairRyan as
its counsel and agreed to pay the firm's hourly rates.

   Professional              Position           Hourly Rate
   ------------              --------           -----------
Gregory J. Mascitti          Shareholder            $550
Janice B. Grubin             Shareholder            $590
Richard A. MCGuirk           Shareholder            $500
Michael J. Crosnicker        Associate              $350
Christina L. Shifton         Associate              $250
Jill Harris                  Paralegal              $150
Carla Ford                   Paralegal              $150

Other professionals working on the matter will be charged at
LeClairRyan's standard hourly rates, ranging from $395 to $695 for
shareholders and officers; $195 to $395 for associates and ranging
from $95 to $195 for paralegals.

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

The DIP lenders are represented by:

         Robert F. Poppiti, Jr., Esq.
         Matthew B. Lunn, Esq.
         YOUNG CONAWAY STARGATT & TAYLOR, LLP
         Rodney Square, 1000 North King Street
         Wilmington, DE 19801
         Tel: (302) 571-6600
         Fax: (302) 571-1256

               - and -

         Kristopher M. Hansen, Esq.
         Jayme T. Goldstein, Esq.
         STROOCK & STROOCK & LAVAN LLP
         180 Maiden Lane
         New York, NY 10038
         Tel: (212) 806-5400
         Fax: (212) 806-6006

                       About Allied Nevada

Allied Nevada Gold Corp. (OTCMKTS: ANVGQ), a Delaware corporation,
is a U.S.-based gold and silver producer engaged in mining,
developing and exploring properties in the State of Nevada.  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 U.S.
Bankruptcy Code (Bankr. D. Del. Lead 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.

The U.S. Trustee appointed three creditors of the company to serve
on the official committee of unsecured creditors.  The Committee
retained Arent Fox LLP as co-counsel, and Polsinelli PC as
conflicts counsel.  It hired Zolfo Cooper, LLC as bankruptcy
consultant and financial advisors, and Upshot Services LLC as
information agent.

The U.S. Trustee also named an Official Committee of Equity
Security Holders.  The Equity Committee is represented by Cole
Schotz P.C.'s Patrick J. Reilley, Esq., and Nicolas J. Brannick,
Esq.; and LeClairRyan's Janice B. Grubin, Esq., Gregory J.
Mascitti, Esq., Richard A. McGuirk, Esq., and Michael J.
Crosnicker, Esq.  The Equity Committee has hired Navigant
Consulting, Inc. as financial advisor; and Runge, Inc. dba
RungePincockMinarco as technical mining expert.

                       *     *     *

Allied Nevada Gold Corp., et al.'s joint plan of reorganization
incorporates the terms of the prepetition plan support agreement
reached by the Debtors with holders of at least 67% of the
aggregate outstanding principal amount of the Notes and 100% of the
Holders of Secured ABL Claims and Secured Swap Claims.

Pursuant to the plan support agreement, each Holder of an Allowed
Secured ABL Claim will receive (i) its Pro Rata share of the
Secured ABL/Swap Cash Payments not made prior to the Effective Date
and (ii) an amount of New First Lien Term Loans in an aggregate
principal amount equal to (A) the amount of allowed claims pursuant
to Section 2.7(b) of the Plan minus (B) the amount paid in cash in
respect of the Secured ABL Claims pursuant to clause (i) of Section
2.7(c) of the Plan.  In addition, for the avoidance of doubt, any
unpaid amounts owed to the holders of Secured ABL Claims pursuant
to Section 11 of the DIP Facility Order will be due and payable in
cash on the Effective Date.

A full-text copy of the Disclosure Statement dated April 24, 2015,
is available at http://bankrupt.com/misc/ALLIEDds0424.pdf



ALLIED NEVADA: Cole Schotz OK'd as Equity Panel's Delaware Counsel
------------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware authorized
the Official Committee of Equity Security Holders of Allied Nevada
Gold Corp., et al., to retain Cole Schotz P.C., as its Delaware and
conflicts counsel, nunc pro tunc to May 27, 2015.

Cole Schotz is expected to, among other things:

   a. serve as local bankruptcy counsel to the Equity Committee;

   b. serve as conflicts counsel to the Equity Committee; and

   c. provide legal advice with respect to the Committee's powers,
rights, duties, and obligations in the Chapter 11 cases.

Patrick J. Reilley, a member of Cole Schotz which maintains offices
for the practice of law at 500 Delaware Avenue, Suite 1410,
Wilmington, Delaware, and in New Jersey, New York, Maryland, and
Texas, told the Court that the hourly rates of Cole Schotz's
attorneys and paralegals that are primarily responsible for
representing the Committee are:

         Patrick J. Reilley                      $490
         Nicholas Brannick                       $380
         David W. Giattino                       $275
         Kimberly A. Karstetter                  $225

In addition, other attorneys and paraprofessionals may help with
representing the Equity Committee.  The hourly rates of Cole
Schotz's members, associates, paralegals, and litigation-support
specialists are:

         Members and Special Counsel         $385 - $825
         Associates                          $195 - $425
         Paralegals                          $175 - $255
         Litigation-Support Specialists      $250 - $350

To the best of the Equity Committee's knowledge, Cole Schotz is
"disinterested person" as that term is defined in Section 101(14)
of the Bankruptcy Code.

The following is provided in response to the request for additional
information set forth in Paragraph D.1. of the Revised UST
Guidelines:

Question:                  Did you agree to any variations from,
                           or alternatives to, your standard or
                           customary billing arrangements for this
                        
                           engagement?

Response;                  No. Cole Schotz professionals working
                           on this matter will bill at the firm's
                           standard hourly rates.

Question:                  Do any of the professionals included in

                           the engagement vary their rate based
                           on the geographic location of the
                           bankruptcy case?

Response:                  No.

Question:                  If you represented the client in the 12

                           months prepetition, disclose our
                           billing rates and material financial
                           terms for the prepetition engagement,
                           including any adjustments during the 12

                           months prepetition. If your billing
                           rates and material financial terms have

                           changed postpetition, explain the
                           difference and the reasons for the
                           difference.

Response:                  Cole Schotz did not represent the
                           Equity Committee during the 12 months
                           preceding the filing of the Chapter 11
                           Case.

Question:                  Has your client approved your
                           prospective budget and staffing plan,
                           and, if so for what budget period?

Response:                  Yes. For the period from May 27, 2015
                           through July 10, 2015

                       About Allied Nevada

Allied Nevada Gold Corp. (OTCMKTS: ANVGQ), a Delaware corporation,
is a U.S.-based gold and silver producer engaged in mining,
developing and exploring properties in the State of Nevada.  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 U.S.
Bankruptcy Code (Bankr. D. Del. Lead 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.

The U.S. Trustee appointed three creditors of the company to serve
on the official committee of unsecured creditors.  The Committee
retained Arent Fox LLP as co-counsel, and Polsinelli PC as
conflicts counsel.  It hired Zolfo Cooper, LLC as bankruptcy
consultant and financial advisors, and Upshot Services LLC as
information agent.

The U.S. Trustee also named an Official Committee of Equity
Security Holders.  The Equity Committee is represented by Cole
Schotz P.C.'s Patrick J. Reilley, Esq., and Nicolas J. Brannick,
Esq.; and LeClairRyan's Janice B. Grubin, Esq., Gregory J.
Mascitti, Esq., Richard A. McGuirk, Esq., and Michael J.
Crosnicker, Esq.  The Equity Committee has hired Navigant
Consulting, Inc. as financial advisor; and Runge, Inc. dba
RungePincockMinarco as technical mining expert.

                       *     *     *

Allied Nevada Gold Corp., et al.'s joint plan of reorganization
incorporates the terms of the prepetition plan support agreement
reached by the Debtors with holders of at least 67% of the
aggregate outstanding principal amount of the Notes and 100% of the
Holders of Secured ABL Claims and Secured Swap Claims.

Pursuant to the plan support agreement, each Holder of an Allowed
Secured ABL Claim will receive (i) its Pro Rata share of the
Secured ABL/Swap Cash Payments not made prior to the Effective Date
and (ii) an amount of New First Lien Term Loans in an aggregate
principal amount equal to (A) the amount of allowed claims pursuant
to Section 2.7(b) of the Plan minus (B) the amount paid in cash in
respect of the Secured ABL Claims pursuant to clause (i) of Section
2.7(c) of the Plan.  In addition, for the avoidance of doubt, any
unpaid amounts owed to the holders of Secured ABL Claims pursuant
to Section 11 of the DIP Facility Order will be due and payable in
cash on the Effective Date.

A full-text copy of the Disclosure Statement dated April 24, 2015,
is available at http://bankrupt.com/misc/ALLIEDds0424.pdf

A hearing will be held before Judge Walrath on Aug. 20, 2015, at
11:30 a.m. (Prevailing Eastern Time), to consider approval of the
disclosure statement explaining the Plan.



ALLIED NEVADA: Equity Attorneys Have Issue With Withdrawal
----------------------------------------------------------
The Official Committee Of Equity Security Holders of the Allied
Nevada Gold Corp., et al., notified the U.S. Bankruptcy Court for
the District of Delaware that it has withdrawn application to
retain:

   1. Susman Godfrey, L.L.P., as co-counsel;
   2. Ashby & Geddes, P.A., as co-counsel; and
   3. Peter J. Solomon Company as financial advisor.

Susman Godfrey, L.L.P. and Ashby & Geddes, P.A., as former proposed
counsel to the Equity Committee, objected the Equity Committee's
notice of withdrawal of retention applications for proposed
professionals for the Equity Committee, and requested for a status
conference concerning the fees and expenses incurred by SG and
A&G.

According to SG and A&G, they were working on the transition.  SG
and A&G submitted that withdrawal of the applications is an
appropriate effort by the Equity Committee to preclude the
retention of SG and A&G for the period in which they served as
counsel to the Equity Committee.

                       About Allied Nevada

Allied Nevada Gold Corp. (OTCMKTS: ANVGQ), a Delaware corporation,
is a U.S.-based gold and silver producer engaged in mining,
developing and exploring properties in the State of Nevada.  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 U.S.
Bankruptcy Code (Bankr. D. Del. Lead 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.

The U.S. Trustee appointed three creditors of the company to serve
on the official committee of unsecured creditors.  The Committee
retained Arent Fox LLP as co-counsel, and Polsinelli PC as
conflicts counsel.  It hired Zolfo Cooper, LLC as bankruptcy
consultant and financial advisors, and Upshot Services LLC as
information agent.

The U.S. Trustee also named an Official Committee of Equity
Security Holders.  The Equity Committee is represented by Cole
Schotz P.C.'s Patrick J. Reilley, Esq., and Nicolas J. Brannick,
Esq.; and LeClairRyan's Janice B. Grubin, Esq., Gregory J.
Mascitti, Esq., Richard A. McGuirk, Esq., and Michael J.
Crosnicker, Esq.  The Equity Committee has hired Navigant
Consulting, Inc. as financial advisor; and Runge, Inc. dba
RungePincockMinarco as technical mining expert.

                       *     *     *

Allied Nevada Gold Corp., et al.'s joint plan of reorganization
incorporates the terms of the prepetition plan support agreement
reached by the Debtors with holders of at least 67% of the
aggregate outstanding principal amount of the Notes and 100% of the
Holders of Secured ABL Claims and Secured Swap Claims.

Pursuant to the plan support agreement, each Holder of an Allowed
Secured ABL Claim will receive (i) its Pro Rata share of the
Secured ABL/Swap Cash Payments not made prior to the Effective Date
and (ii) an amount of New First Lien Term Loans in an aggregate
principal amount equal to (A) the amount of allowed claims pursuant
to Section 2.7(b) of the Plan minus (B) the amount paid in cash in
respect of the Secured ABL Claims pursuant to clause (i) of Section
2.7(c) of the Plan.  In addition, for the avoidance of doubt, any
unpaid amounts owed to the holders of Secured ABL Claims pursuant
to Section 11 of the DIP Facility Order will be due and payable in
cash on the Effective Date.

A full-text copy of the Disclosure Statement dated April 24, 2015,
is available at http://bankrupt.com/misc/ALLIEDds0424.pdf



ALLIED NEVADA: Equity Committee Balks at Addendum to FTI Hiring
---------------------------------------------------------------
The Official Committee of Equity Security Holders in the Chapter 11
cases of debtors Allied Nevada Gold Corp., et al., filed with the
U.S. Bankruptcy Court for the District of Delaware a reservation of
rights with respect to the notice of filing of second addendum to
the engagement letter between the Debtors and FTI Consulting, Inc.

On April 15, 2015, the Court approved the FTI retention
application.  Pursuant to the FTI retention order, the Debtors and
FTI may enter into additional addendum(s) to the engagement letter
or additional engagement letter(s), provided that such addendum(s)
or additional engagement letter(s) are filed with the Court and
served upon certain parties.

On April 27, 2015, the Debtors and FTI entered into an addendum to
the engagement letter which sets forth certain services to be
provided by FTI in connection with the Debtors' proposed
compensation plans.

On July 6, 2015, the Debtors and FTI entered into an additional
addendum to the engagement letter, which sets forth certain
additional services to be provided by FTI related to, among other
things, providing operational support and assistance with reporting
and information management.

Specifically, the additional services include:

   1. meet with the site management to discuss operations, plans
and capital requirements;

   2. assist in the development of detailed operating plan;

   3. review the Company's approach to optimizing costs in a
reduced operating level environment.

                       About Allied Nevada

Allied Nevada Gold Corp. (OTCMKTS: ANVGQ), a Delaware corporation,
is a U.S.-based gold and silver producer engaged in mining,
developing and exploring properties in the State of Nevada.  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 U.S.
Bankruptcy Code (Bankr. D. Del. Lead 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.

The U.S. Trustee appointed three creditors of the company to serve
on the official committee of unsecured creditors. The Committee
retained Arent Fox LLP as co-counsel, and Polsinelli PC as
conflicts counsel.  It hired Zolfo Cooper, LLC as bankruptcy
consultant and financial advisors, and Upshot Services LLC as
information agent.

The U.S. Trustee also named an Official Committee of Equity
Security Holders.  The Equity Committee is represented by Cole
Schotz P.C.'s Patrick J. Reilley, Esq., and Nicolas J. Brannick,
Esq.; and LeClairRyan's Janice B. Grubin, Esq., Gregory J.
Mascitti, Esq., Richard A. McGuirk, Esq., and Michael J.
Crosnicker, Esq.  The Equity Committee has hired Navigant
Consulting, Inc. as financial advisor; and Runge, Inc. dba
RungePincockMinarco as technical mining expert.

                       *     *     *

Allied Nevada Gold Corp., et al.'s joint plan of reorganization
incorporates the terms of the prepetition plan support agreement
reached by the Debtors with holders of at least 67% of the
aggregate outstanding principal amount of the Notes and 100% of the
Holders of Secured ABL Claims and Secured Swap Claims.

Pursuant to the plan support agreement, each Holder of an Allowed
Secured ABL Claim will receive (i) its Pro Rata share of the
Secured ABL/Swap Cash Payments not made prior to the Effective Date
and (ii) an amount of New First Lien Term Loans in an aggregate
principal amount equal to (A) the amount of allowed claims pursuant
to Section 2.7(b) of the Plan minus (B) the amount paid in cash in
respect of the Secured ABL Claims pursuant to clause (i) of Section
2.7(c) of the Plan.  In addition, for the avoidance of doubt, any
unpaid amounts owed to the holders of Secured ABL Claims pursuant
to Section 11 of the DIP Facility Order will be due and payable in
cash on the Effective Date.

A full-text copy of the Disclosure Statement dated April 24, 2015,
is available at http://bankrupt.com/misc/ALLIEDds0424.pdf



ALLIED NEVADA: Upshot Services Approved as Information Agent
------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware authorized
the Official Committee of Unsecured Creditors in the Chapter 11
cases of Allied Nevada Gold Corp., et al., to retain Upshot
Services LLC as information agent, nunc pro tunc to April 15,
2015.

Upshot is expected to, among other things, provide access to
information in connection with the Chapter 11 cases, including
providing and maintaining the Committee's Web site and e-mail
address, preparing and serving required notices and pleading on
behalf of the Committee.

Travis K. Vandell, a chief executive officer and co-founder of
UpShot, with an office located at 7808 Cherry Creek South Drive,
Suite 112, Denver, Colorado, tells the Court that the hourly rates
are:

         Clerical                               $30
         Case Assistant                      $55 - $65
         IT Manager                         $125 - $145
         Case Consultant                    $140 - $155
         Case Director                         $175
         Public Securities Director            $225

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

                       About Allied Nevada

Allied Nevada Gold Corp. (OTCMKTS: ANVGQ), a Delaware corporation,
is a U.S.-based gold and silver producer engaged in mining,
developing and exploring properties in the State of Nevada.  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 U.S.
Bankruptcy Code (Bankr. D. Del. Lead 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.

The U.S. Trustee appointed three creditors of the company to serve
on the official committee of unsecured creditors.  The Committee
retained Arent Fox LLP as co-counsel, and Polsinelli PC as
conflicts counsel.  It hired Zolfo Cooper, LLC as bankruptcy
consultant and financial advisors, and Upshot Services LLC as
information agent.

The U.S. Trustee also named an Official Committee of Equity
Security Holders.  The Equity Committee is represented by Cole
Schotz P.C.'s Patrick J. Reilley, Esq., and Nicolas J. Brannick,
Esq.; and LeClairRyan's Janice B. Grubin, Esq., Gregory J.
Mascitti, Esq., Richard A. McGuirk, Esq., and Michael J.
Crosnicker, Esq.  The Equity Committee has hired Navigant
Consulting, Inc. as financial advisor; and Runge, Inc. dba
RungePincockMinarco as technical mining expert.

                       *     *     *

Allied Nevada Gold Corp., et al.'s joint plan of reorganization
incorporates the terms of the prepetition plan support agreement
reached by the Debtors with holders of at least 67% of the
aggregate outstanding principal amount of the Notes and 100% of the
Holders of Secured ABL Claims and Secured Swap Claims.

Pursuant to the plan support agreement, each Holder of an Allowed
Secured ABL Claim will receive (i) its Pro Rata share of the
Secured ABL/Swap Cash Payments not made prior to the Effective Date
and (ii) an amount of New First Lien Term Loans in an aggregate
principal amount equal to (A) the amount of allowed claims pursuant
to Section 2.7(b) of the Plan minus (B) the amount paid in cash in
respect of the Secured ABL Claims pursuant to clause (i) of Section
2.7(c) of the Plan.  In addition, for the avoidance of doubt, any
unpaid amounts owed to the holders of Secured ABL Claims pursuant
to Section 11 of the DIP Facility Order will be due and payable in
cash on the Effective Date.

A full-text copy of the Disclosure Statement dated April 24, 2015,
is available at http://bankrupt.com/misc/ALLIEDds0424.pdf


AMERICAN APPAREL: Said to Seek Advisers for Bankruptcy Deal
-----------------------------------------------------------
Jodi Xu Klein, writing for Bloomberg News, reported that American
Apparel Inc. is seeking advisers to help craft a plan to
restructure the company in bankruptcy court, according to two
people with knowledge of the matter.

The report related that the seller of T-shirts and casual-wear has
made calls in recent weeks to advisory firms as it prepares to
negotiate a bankruptcy loan with creditors to fund it through the
process, said the people, who asked not to be named because the
discussions are private.  Jones Day, which has been helping
American Apparel with capital raising, will be expanding its role
into a restructuring capacity, said the people, according to the
report.

                       About American Apparel

American Apparel is a vertically-integrated manufacturer,
distributor, and retailer of branded fashion basic apparel based
in downtown Los Angeles, California.  As of Sept. 30, 2014,
American Apparel had approximately 10,000 employees and operated
245 retail stores in 20 countries including the United States and
Canada.  American Apparel also operates a global e-commerce site
that serves over 60 countries worldwide at
http://www.americanapparel.com. In addition, American Apparel  
operates a leading wholesale business that supplies high quality
T-shirts and other casual wear to distributors and screen
printers.

Amid liquidity problems and declining sales, American Apparel in
early 2011 reportedly tapped law firm Skadden, Arps, Slate,
Meagher & Flom and investment bank Rothschild Inc. for advice on a
restructuring.

In April 2011, American Apparel said it raised $14.9 million in
rescue financing from a group of investors led by Canadian
financier Michael Serruya and private equity firm Delavaco Capital
Corp., allowing the casual clothing retailer to meet obligations
to its lenders for the time being.  Under the deal, the investors
were buying 15.8 million shares of common stock at 90 cents
apiece.  The deal allows the investors to purchase additional
27.4 million shares at the same price.

American Apparel reported a net loss of $68.8 million in 2014, a
net loss of $106 million in 2013 and a net loss of $37.3
million in 2012.

                           *     *     *

The TCR reported on Aug. 14, 2015, that Moody's Investors Service
downgraded ratings of American Apparel, Inc., including the
Corporate Family rating, which was downgraded to Caa3 from Caa2.
"T[he] rating actions are in reaction to the company's filing
for an extension of its Q2 10Q, which was made necessary due to
potential non-compliance with the covenants under its Capital One
revolving credit facility at second quarter-end," stated Moody's
Vice President Charlie O'Shea.

As reported by the TCR on Sept. 2, 2014, Standard & Poor's Ratings
Services lowered its corporate credit rating on Los Angeles-based
American Apparel Inc. to 'CCC-' from 'CCC'.  The outlook is
negative.


AMERICAN EAGLE: Court Sets Sept. 9 Auction of Assets
----------------------------------------------------
Judge Howard R. Tallman of the United States Bankruptcy Court of
the District of Colorado approved the procedures governing the sale
of substantially all of the assets of American Eagle Energy
Corporation and established Sept. 9, 2015, as the auction.

The Debtors entered into an asset purchase agreement with AMZG
Acquisition LLC, an entity formed by the 11.0% Senior Secured Notes
Due 2019 issued by American Eagle Energy Corporation and guaranteed
by AMZG, Inc.  The APA provides for the acquisition of
substantially all the assets of the Debtor in exchange for a credit
bid of $70,000,000 and a wind down budget to be negotiated between
the Debtor and the Ad Hoc Group plus $200,000 to be retained by the
Debtors to fund a post-sale wind down of the Debtor's estate.

In order to maximize the value of the assets, interested parties
may submit bids for all or a portion of the assets on or before
Sept. 2.  The auction will be conducted on Sept. 9.  The Court will
convene a hearing on Sept. 10 at 9:30 a.m., to consider approval of
the sale.

The amount of the Requisite Overbid Amount for substantially all of
the Debtor's assets is reduced to $52,500,000 plus the same overbid
amount and assumption of liabilities in the Stalking Horse APA.

The Official Committee of Unsecured Creditors, Jacam Chemical
Company 2013, LLC, and Hydratek, Inc., Miller Oil Company, Inc,
G-Style Transport, LLC and Precision Completion & Production
Services, Ltd., separately objected to the bidding procedures.

The Committee filed a limited objection and asked the Court to
modify any order granting the Bid Procedures Motion.  The Committee
asserts that the Debtor must disclose the necessary financial
information in the Seller Disclosure Schedules for Potential
Bidders to submit a Requisite Overbid Amount and that the Debtors
and Noteholders should disclose and articulate the rationale for
the payment of any breakup fee and expense reimbursement in the Bid
Procedures Motion and the nature of any fees and expenses payable
to the Ad Hoc Group under the APA.

Jacam informed


AMERICAN EAGLE: Has Until Dec. 7, 2015 to Decide on Leases
----------------------------------------------------------
The U.S. Bankruptcy Court for the District of Colorado extended
until Dec. 7, 2015, American Eagle Energy Corporation's time to
assume or reject unexpired lease of nonresidential real property
with Oakley Ventures, LLC and Main Street Partners 1, LLC.

                       About American Eagle

Littleton, Colorado-based American Eagle Energy Corporation is
engaged in the acquisition, exploration and development of oil and
gas properties.  The Company is primarily focused on extracting
proved oil reserves from those properties.

American Eagle Energy Corporation and its wholly-owned subsidiary,
AMZG, Inc., filed on May 8, 2015, voluntary petitions (Bankr. D.
Colo., Case No. 15-15073).  The case is assigned to Judge Howard
R.
Tallman.  The Debtors are represented by Elizabeth A. Green, Esq.,
at Baker & Hostetler LLP, in Orlando, Florida.

On May 13, 2015, Judge Tallman granted the Debtors' request for
joint administration.

American Eagle Energy Corporation disclosed total assets of
$21,980,687 and total liabilities of $193,604,113 as of the Chapter
11 filing.

The U.S. Trustee for Region 6, appointed seven creditors to serve
on the Official Committee of Unsecured Creditor.  The Committee
tapped to retain Pachulski Stang Ziehl & Jones LLP as counsel.



AMERICAN EAGLE: Mineral Contractors Sue Over Lien Priority
----------------------------------------------------------
Precision Completion & Production Services, Ltd., Hydratek, Inc.,
Miller Oil Company, Inc., Halliburton Energy Services, Inc., Power
Crude Transport, Inc., G-Style Transport, LLC, Irongate Rental
Services, LLC, and Nabors Drilling USA LP, filed a complaint
against American Eagle Energy Corporation and AMZG, Inc., seeking
declaratory judgment from the U.S. Bankruptcy Court for the
District of Colorado that all oil or gas well liens are senior in
priority to all other liens and encumbrances on the Debtors'
assets.

The Plaintiffs are mineral contractors and/or subcontractors who
performed labor and/or furnished material or services to the
Debtors pursuant to certain contracts for which the Plaintiffs have
not been paid.  The Plaintiffs' labor and/or material or services
were used or employed, or furnished to be used or employed, in the
drilling or operating of oil or gas wells by the Debtors, or in the
construction, putting together, or repairing material so used or
employed, or furnished to be used or employed.

To secure their respective indebtedness, the Plaintiffs have
asserted and recorded well liens with the Clerk of Divide County,
North Dakota pursuant to Chapter 35-24 of the North Dakota Century
Code, N.D. Cent. Code Sections 35-24-01 et seq., as of June 30,
2015.

The Plaintiffs request a declaratory judgment from the Court that
all Well Liens that comply with section 35-24-11 are senior in
priority to all other titles, charges, liens, or encumbrances on
the Debtors' assets arising subsequent to the date upon which the
earliest the Well Lien arose and a judgment awarding the Plaintiffs
all costs, including reasonable and necessary attorneys' fees and
expenses through judgment.

Bennett Management Corporation, Aristeia Capital, LLC, Kayne
Anderson Capital Advisors, L.P., and Northeast Investors Trust,
U.S. Bank National Association in its capacity as trustee and
collateral agent for all holders of the 11.0% Senior Secured Notes
due 2019 issued pursuant to that certain Indenture dated as of
August 27, 2014, and WISCO, Inc., Calfrac Well Services, Corp., AES
Drilling Fluids, LLC, Hamm & Phillips Service Company, Inc., Drill
Tech, LLC, Thru Tubing Solutions, Inc., Jacam Chemicals 2013, LLC,
Triple S Enterprises, Inc., Cruz Energy Services, LLC, and CMG Oil
& Gas, Inc., were also named defendants in the complaint.

Precision Completion & Production Services, Ltd., is represented
by:

          Spencer D. Solomon, Esq.
          NATHAN SOMMERS JACOBS A PROFESSIONAL CORPORATION
          2800 Post Oak Blvd., 61st Floor
          Houston, Texas 77056
          Tel: (713) 960-0303
          Fax: (713) 892-4800
          Email: ssolomon@nathansommers.com

Power Crude Transport, Inc. is represented by:

          Theodore J. Hartl, Esq.
          Harold G. Morris, Esq.
          LINDQUIST & VENNUM LLP
          600 17th Street, Suite 1800 South
          Denver, Colorado 80202
          Tel: (303) 573-5900
          Fax: (303) 573-1956
          Email: thartl@lindquist.com

             -- and --

          Kevin M. Lippman, Esq.
          Deborah M. Perry, Esq.
          500 N. Akard Street, Suite 3800
          Dallas, Texas 75201-6659
          Tel: (214) 855-7500
          Fax: (214) 855-7584
          Email: klippman@munsch.com
                 dperry@munsch.com

Halliburton Energy Services, Inc., Irongate Rental and Nabors
Drilling USA LP are represented by:

          Carl Dore, Jr., Esq.
          DORE LAW GROUP, P.C.
          17171 Park Row, Suite 160
          Houston, Texas 77084
          Tel: (281) 829-1555
          Fax: (281) 200-0751
          Email: carl@dorelawgroup.net

Hydratek, Inc., Miller Oil Company, Inc. and  G-Style Transport,
LLC, are represented by:

          Duncan E. Barber, Esq.
          Stacey S. Dawes, Esq.
          BIEGING SHAPIRO & BARBER LLP
          4582 South Ulster St. Parkway, Suite 1650
          Denver, CO 80237
          Tel: (720) 488-0220
          Fax: (720) 488-7711
          Emails: dbarber@bsblawyers.com
                  ssd@bsblawyers.com

                    About American Eagle Energy

Littleton, Colorado-based American Eagle Energy Corporation is
engaged in the acquisition, exploration and development of oil and
gas properties.  The Company is primarily focused on extracting
proved oil reserves from those properties.

American Eagle Energy Corporation and its wholly-owned subsidiary,
AMZG, Inc., filed on May 8, 2015, voluntary petitions (Bankr. D.
Colo., Case No. 15-15073).  The case is assigned to Judge Howard
R.
Tallman.  On May 13, 2015, Judge Tallman granted the Debtors'
request for joint administration.

On May 11, 2015, the Company received notice from the NYSE MKT LLC
that the NYSE MKT had suspended the Company's common stock from
trading immediately and determined to commence proceedings to
delist the Company's common stock. Prior to being delisted, the
Company's common stock traded on the NYSE MKT under the trading
symbol "AMZG."  On May 12, the Company's common stock commenced
trading over-the-counter on the OTC Markets Group Inc.'s OTC
Pink(R) marketplace, under the trading symbol "AMZGQ".

The Debtors are represented by Elizabeth A. Green, Esq., at Baker &
Hostetler LLP, in Orlando, Florida.

The U.S. Trustee has appointed an official committee of unsecured
creditors.


AMERICAN SPECTRUM: Proofs of Claim Due Oct. 7, 2015
---------------------------------------------------
The Hon. Scott C. Clarkson of the U.S. Bankruptcy Court for the
Central District of California continued until Jan. 7, 2016, at
11:00 a.m., the status conference hearing in the Chapter 11 case of
American Spectrum Realty, Inc.

According to the Debtor's case docket:

   1. status report is due 14 days prior to the hearing;
   2. claims bar date notice deadline is July 31, 2015;
   3. general claims bar date is set for Oct. 7;
   4. deadline to objection to claims is set for Jan. 7, 2016;
   5. the last day to file plan and disclosure statement: Dec. 9.

                  About American Spectrum Realty

American Spectrum Realty, Inc. -- http://www.asrmanagement.com/--

is a real estate investment company that owns, through an
operating partnership, interests in office, industrial/commercial,
retail, self-storage, retail, multi-family properties and
undeveloped land throughout the United States.  American Spectrum
Management Group, Inc., a wholly-owned subsidiary of the Company,
manages and leases all properties owned by American Spectrum
Realty, Inc. well as for third-party clients, totaling 7 million
square feet in multiple states.  American Spectrum Realty was
formed in 2000 and began publicly trading on the New York Stock
Exchange in 2001.

Alleged creditors -- namely, D&A Daily Mortgage Fund III, L.P.,
D&A Semi-Annual Mortgage Fund III, L.P., and D&A Intermediate-Term
Mortgage Fund III, L.P. -- filed an involuntary Chapter 11
petition for American Spectrum in Santa Ana, California, on
Feb. 13, 2015 (Bankr. C.D. Cal. Case No. 15-10721).

The involuntary case was assigned to Judge Scott C. Clarkson.
James C. Bastian, Jr., Esq., and Melissa Davis Lowe, Esq., at
Shulman Hodges & Bastian LLP, in Irvine, California, serve as
counsel to the Petitioning Creditors.

On May 1, 2015, the Court entered an order for relief against the
Debtor under Chapter 11 of the U.S. Code.

American Spectrum has affiliates that have pending bankruptcy
cases.  One of them is Verdugo, LLC, a single asset real estate
that filed a Chapter 11 bankruptcy petition (Bank. C.D. Cal. Case
No. 15-10701) on Feb. 12, 2015.  Judge Scott C. Clarkson presides
over the case.

American Spectrum disclosed assets of $6,381,000 - $13,381,000 and
liabilities of $6,558,235 as of the Chapter 11 filing.



AMSCO STEEL: U.S. Trustee Forms Five-Member Creditors' Committee
----------------------------------------------------------------
The U.S. trustee overseeing the Chapter 11 cases of AMSCO Steel
Company LLC and Pyndus Steel & Aluminum Co. Inc. appointed five
creditors to serve on the official committee of unsecured
creditors:

     (1) Steel & Pipe Supply
         Scott T. Munsen, Credit Manager
         555 Poyntz Avenue
         Manhattan, KS 66502
         Tel: 785-587-5140
         Fax: 785-587-5154
         E-mail: munsens@spsci.com

     (2) McElroy Metal, Inc.
         Lance A. Miller, Director of Credit
         P. O. Box 1148
         Shreveport, LA 71163-1148
         Tel: 318-767-8015
         Fax: 318-747-8086
         E-mail: lamiller@mcelroymetal.com

     (3) Delaware Steel Company of Pennsylvania
         Lisa Goldenberg, President
         535-102 Pennsylvania Avenue
         Fort Washington, PA 19034
         Tel: 215-654-8285
         Fax: 215-654-8363
         E-mail: lisa.goldenberg@delawaresteel.com

     (4) Kane Steel & Iron, LLC
         Paula Williamson, Controller
         100 Corporate Parkway, Ste. 400
         Birmingham, AL 35242
         Tel: 205-437-0101, ext. 203
         Fax: 205-981-2308
         E-mail: paula@kane-steel.com

     (5) S&P Steel Products and Services, Inc.
         Angelica Castillo, Controller
         1503 North Post Oak Road
         Houston, TX 77055
         Tel: 281-768-8802
         Fax: 281-768-8800
         E-mail: acastillo@s-psteelproducts.com

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

                  About Amsco Steel

AMSCO Steel Company, LLC, and Pyndus Steel & Aluminum Co., Inc.,
sought protection under Chapter 11 of the Bankruptcy Code on Aug.
10, 2015 (Bankr. N.D. Tex., Case No. 15-43240).  The Debtors are
suppliers and processors of steel products for a wide variety of
customers throughout the United States and Mexico.  The case is
assigned to Judge Russell F. Nelms.

The Debtors' counsel are J. Robert Forshey, Esq., and Matthew G.
Maben, Esq., at Forshey & Prostok, LLP, in Forth Worth, Texas.


API TECHNOLOGIES: Files Financial Statements of Inmet & Weinschel
-----------------------------------------------------------------
API Technologies Corp. filed a report on Form 8-K on June 12, 2015,
to disclose the completion of its acquisition of all of the issued
and outstanding shares of capital stock or other equity interests
of Aeroflex/Inmet, Inc. and Aeroflex/Weinschel, Inc.  

On Aug. 24, 2015, API filed an amended Form 8-K to provide interim
financial statements of Inmet and Weinschel for the nine months
ended March 31, 2015, and 2014, which are available for free at:

                        http://is.gd/3MeNA2

The audited combined financial statements of Inmet and Weinschel as
of June 30, 2014, and 2013 and for each of the two years in the
period ended June 30, 2014, are available for free at:

                        http://is.gd/n9HCN2
                     
                       About API Technologies

API Technologies designs, develops and manufactures electronic
systems, subsystems, RF and secure solutions for technically
demanding defense, aerospace and commercial applications.  API
Technologies' customers include many leading Fortune 500
companies.  API Technologies trades on the NASDAQ under the symbol
ATNY.  For further information, please visit the Company Web site
at http://www.apitech.com/          

API Technologies reported a net loss attributable to common
shareholders of $19.3 million for the year ended Nov. 30, 2014,
compared to a net loss attributable to common shareholders of $8.28
million for the year ended Nov. 30, 2013.

As of May 31, 2015, the Company had $278.4 million in total assets,
$174.4 million in total liabilities and $104.1 million in
shareholders' equity.

                           *     *     *

As reported by the TCR on Feb. 14, 2013, Moody's Investors Service
has withdrawn all ratings of API Technologies, including its
'Caa1' Corporate Family Rating and negative outlook due to the
repayment of all rated debt.  On Feb. 6, 2013, API Technologies
completed a refinancing of its previously outstanding rated
bank debt.  All ratings of API have been withdrawn since the
company has no rated debt outstanding.

In the Feb. 22, 2013, edition of the TCR, Standard & Poor's
Ratings Services said that it lowered its corporate credit rating
on API Technologies to 'B-' from 'B'.

"The downgrade reflects weaker-than-expected credit metrics
resulting from less-than-expected improvements in operating
performance and higher debt, including a modest increase from the
recent refinancing," said Standard & Poor's credit analyst Chris
Mooney.


ARRAY BIOPHARMA: Board Approves 2016 Annual Bonus Program
---------------------------------------------------------
On the recommendation of the Compensation Committee, the
independent directors of the Board of Directors of Array Biopharma
Inc. approved the performance bonus program for annual bonus awards
that may be earned by employees of the Company, including the
Company's executive officers, for fiscal 2016, according to a
document filed with the Securities and Exchange Commission.  

Under the bonus program, certain of the Company's employees,
including its executive officers, will be entitled to earn a bonus
payable in cash, stock or stock option equivalents based upon the
achievement of certain specified performance goals and objectives
relating to the Company and to each individual participant.  To the
extent the corporate and individual performance goals are met, each
participant may be eligible to receive a target bonus calculated by
multiplying the participant's base salary by a percentage value
later assigned to the participant or to his or her position with
the Company by the Compensation Committee.  A percentage of this
target bonus amount may be awarded following the end of the fiscal
year to the extent the Compensation Committee determines the
corporate and individual performance goals are met.  

The plan can be amended in whole or in part by the Compensation
Committee at any time until paid.  The Compensation Committee
recommended, and the independent directors of the Board, approved
the specific performance goals for fiscal 2016 under the
performance bonus program.  The performance bonuses for 2016 will
be based both on individual performance and on the Company's
performance relative to the following performance criteria:
financial goals relating to revenue, year-end cash, cash
equivalents and accounts receivable balance, and partnership
objectives, discovery research goals and clinical development
goals.  Threshold, target and stretch targets were established for
each of the goals, with threshold achievement resulting in 70%
payout, target achievement resulting in 100% payout and stretch
achievement resulting in 150% payout under the program.  In
determining the bonus awards for fiscal 2016, the foregoing goals
will be weighted at the target level as follows: financial goals
20%; discovery research goals 20%; clinical development goals 60%.

                      About Array Biopharma

Boulder, Colo.-based Array BioPharma Inc. is a biopharmaceutical
company focused on the discovery, development and
commercialization of targeted small-molecule drugs to treat
patients afflicted with cancer and inflammatory diseases.  Array
has four core proprietary clinical programs: ARRY-614 for
myelodysplastic syndromes, ARRY-520 for multiple myeloma, ARRY-797
for pain and ARRY-502 for asthma.  In addition, Array has 10
partner-funded clinical programs including two MEK inhibitors in
Phase 2: selumetinib with AstraZeneca and MEK162 with Novartis.

As of June 30, 2015, the Company had $198.2 million in total
assets, $155.55 million in total liabilities and $42.65 million in
total stockholders' equity.


ARRAY BIOPHARMA: FMR LLC Reports 12.6% Stake as of June 30
----------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, FMR LLC, Edward C. Johnson 3d and Abigail P. Johnson
disclosed that as of June 30, 2015, they beneficially owned
16,688,814 shares of common stock of Array Biopharma, which
represents 12.646 percent of the shares outstanding.   Edward C.
Johnson 3d is a director and the chairman of FMR LLC and Abigail P.
Johnson is a director, the vice chairman, the chief
executive officer and the president of FMR LLC.  A copy of the
regulatory filing is available at http://is.gd/OnWXoG

                      About Array Biopharma

Boulder, Colo.-based Array BioPharma Inc. is a biopharmaceutical
company focused on the discovery, development and
commercialization of targeted small-molecule drugs to treat
patients afflicted with cancer and inflammatory diseases.  Array
has four core proprietary clinical programs: ARRY-614 for
myelodysplastic syndromes, ARRY-520 for multiple myeloma, ARRY-797
for pain and ARRY-502 for asthma.  In addition, Array has 10
partner-funded clinical programs including two MEK inhibitors in
Phase 2: selumetinib with AstraZeneca and MEK162 with Novartis.

As of June 30, 2015, the Company had $198.2 million in total
assets, $155.55 million in total liabilities and $42.65 million in
total stockholders' equity.


AUTOMATED MESSAGE: Case Summary & 5 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: Automated Message Solutions, Inc.
        203 18th Street NW
        Fort Payne, AL 35967

Case No.: 15-41340

Chapter 11 Petition Date: August 25, 2015

Court: United States bankruptcy Court
       Northern District of Alabama (Anniston)

Judge: Hon. James J. Robinson

Debtor's Counsel: Stephen Paul Bussman, Esq.
                  PO Box 680925
                  Fort Payne, AL 35968
                  Tel: 256 845-7900
                  Email: sbussman@bussmanandguice.com

                    - and -

                  Tommy Allen French, Esq.
                  ROBERT B. FRENCH, JR., P.C.
                  308 Alabama Avenue, SW
                  Fort Payne, AL 35967
                  Tel: 256-845-2250
                  Fax: 256-845-4548
                  Email: tafrench@bellsouth.net

Total Assets: $495,700

Total Liabilities: $3.28 million

The petition was signed by Stacy Williamson, registered agent.

A list of the Debtor's five largest unsecured creditors is
available for free at http://bankrupt.com/misc/alnb15-41340.pdf


AXION INTERNATIONAL: Incurs $3.6 Million Net Loss in Q2
-------------------------------------------------------
Axion International Holdings, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss attributable to common shareholders of $3.65 million on
$3.47 million of revenue for the three months ended June 30, 2015,
compared with a net loss attributable to common shareholders of
$20.61 million on $4.05 million of revenue for the same period
during the prior year.

For the six months ended June 30, 2015, the Company reported a net
loss attributable to common shareholders of $6.74 million on $5.77
million of revenue compared to a net loss attributable to common
shareholders of $17.4 million on $8.90 million of revenue for the
same period in 2014.

As of June 30, 2015, the Company had $19.31 million in total
assets, $40.06 million in total liabilities, $6.82 million in 10%
convertible convertible preferred stock, and a total stockholders'
deficit of $27.57 million.

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

                       http://is.gd/YvHnWA

                    About Axion International

New Providence, N.J.-based Axion International Holdings, Inc. (OTC
BB: AXIH) - http://www.axionintl.com/-- is the exclusive licensee
of patented and patent-pending technologies developed for the
production of structural plastic products such as railroad
crossties, pilings, I-beams, T-Beams, and various size boards
including a tongue and groove design that are utilized in multiple
engineered design solutions such as rail track, rail and tank
bridges (heavy load), pedestrian/park and recreation bridges,
marinas, boardwalks and bulk heading to name a few.

Axion International reported a net loss attributable to common
shareholders of $17.2 million on $14.4 million of revenue for the
year ended Dec. 31, 2014, compared to a net loss attributable to
common shareholders of $25.8 million on $6.62 million of revenue
for the same period in 2013.

BDO USA, LLP, in New York, New York, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2014, noting that Company has suffered recurring
losses from operations and has working capital and net capital
deficiencies that raise substantial doubt about its ability to
continue as a going concern.


BIRMINGHAM COAL: Debenture Holders Want Official Committee
----------------------------------------------------------
Robert Power, Lisa Power, Edwin De Reys, and Greg R. Burrows, as
the Ad Hoc Committee of Debenture Holders, parties-in-interest and
creditors of Birmingham Coal & Coke Company, Inc., ask the U.S.
Bankruptcy Court for the Northern District of Alabama to appoint an
official committee of debenture holders.

Robert Power, et al., noted that on June 17, 2015, the Court
appointed a consolidated unsecured creditors' committee.  Pursuant
to the Committee order, the Creditors' Committee is made up of
eight unsecured creditors of the Debtors; most of which are trade
creditors.  The Debenture Holders' claims and interests are not
represented by the existing committee.  Furthermore, the movants
note that the Debtors have not listed the Debenture Holders
individually as creditors of the Debtors' bankruptcy estates.

According to the movants, appointment of a committee of Debenture
Holders will not affect the ability of the Creditors' Committee to
function.  The Creditors' Committee, they point out, will continue
to represent the interests of the general unsecured creditors.

The committee, the movants say, will represent the entire body of
Debenture Holders to assert their rights, and assist the Debtors
and the other parties-in-interest in formulating a plan of
reorganization.

                      About Birmingham Coal

Birmingham Coal & Coke Company, Inc. produces and markets coal to
industrial, utility and export markets. It owns and operates three
coal mines with an average annual coal production of approximately
480,000 tons.  The company also offers coal brokerage services.
Birmingham Coal & Coke Company, Inc. was founded in 2000 and is
based in Birmingham, Alabama.  As of May 9, 2011, Birmingham Coal
operates as a subsidiary of CanAm Coal Corp.

On May 27, 2015, Birmingham Coal and affiliates Cahaba Contracting
& Reclamation LLC, and RAC Mining LLC each filed a voluntary
petition for Chapter 11 reorganization (Bankr. N.D. Ala. Lead Case
No. 15-02075) in Birmingham, Alabama.

The Debtors tapped Jones Walker LLP as counsel.

Birmingham Coal and Cahaba Contracting each estimated $10 million
to $50 million in assets and debt.  RAC Mining estimated $1 million
to $10 million in assets and debt.



BOOMERANG TUBE: 'Challenge' Period Extended to Sept. 1
------------------------------------------------------
U.S. Bankruptcy Judge Mary Walrath approved an agreement extending
the so-called "challenge period" for Boomerang Tube LLC's official
committee of unsecured creditors to Sept. 1, 2015.

On July 24 this year, Boomerang Tube received final approval from
the bankruptcy judge to obtain postpetition term loan financing.
The final order allowed the committee to challenge the validity,
priority or enforceability of "term prepetition liens," court
filings show.

                       About Boomerang Tube

Boomerang Tube, LLC, is a manufacturer of welded Oil Country
Tubular Goods ("OCTG") in the United States.  OCTG are used by
drillers in exploration and production of oil and natural gas and
consist of drill pipe, casing and tubing.  Boomerang has corporate
offices in Chesterfield, Missouri and manufacturing facilities in
Liberty, Texas, strategically located near major steel production
centers and end-user markets.  With a 487,000 square foot plant
that houses two mills and heat treat lines and a contingent 119
acres, these facilities constitute the second largest alloy OCTG
mill in North America.  Access Tubulars, LLC, owns 81% of the
equity interests in Boomerang.

Boomerang Tube and its subsidiaries BTCSP LLC and BT Financing
sought Chapter 11 protection (Bankr. D. Del. Lead Case No.
15-11247) on June 9, 2015, with a deal with lenders on a balance
sheet restructuring that would convert $214 million of debt to 100%
of the common stock of the reorganized company.

The Debtor disclosed $272,205,337 in assets and $300,375,946 in
liabilities as of the Chapter 11 filing.

The cases are assigned to Judge Mary F. Walrath.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, as
attorneys; Lazard Freres & Co. LLC, as financial advisor; and
Donlin, Recano & Co., Inc., as claims and noticing agent.

On June 30, 2015, the Debtor filed a bankruptcy-exit plan and
explanatory disclosure statement.

The U.S. Trustee overseeing the Chapter 11 case appointed five
creditors to serve on an official committee of unsecured creditors.
The Committee is represented by Brown Rudnick LLP., and Morris,
Nichols, Arsht & Tunnel LLP.


BOOMERANG TUBE: Creditors' Panel Taps Alvarez & Marsal as Advisors
------------------------------------------------------------------
The Official Committee of Unsecured Creditors of Boomerang Tube,
LLC and its debtor-affiliates seek authorization from the U.S.
Bankruptcy Court for the District of Delaware to retain Alvarez &
Marsal North America, LLC as financial advisors to the Committee,
effective June 24, 2015.

The Committee requires Alvarez & Marsal to:

   (a) advise Committee on matters related to its interests in the

       Reorganization of the Debtor's assets;

   (b) assist with a review of the Debtors' cost/benefit
       evaluations with respect to the assumption or rejection of
       executory contracts and unexpired leases;

   (c) assist with a review of the business model, operations,
       liquidity situation, properties, assets and liabilities,
       financial condition and prospects of the Debtor;

   (d) assist in the review of financial information distributed
       by the Debtor to the Committee, its advisors and creditors
       and others, including, but not limited to, cash flow
       projections and budgets, cash receipts and disbursement
       analysis, valuations and analysis of various asset and
       liability accounts;

   (e) attend meetings with the Debtor, the Debtors' lenders and
       creditors, the Committee and any other official committees
       organized in these chapter 11 cases, the U.S. Trustee,
       other parties in interest and professionals hired by the
       same, as requested;

   (f) assist with a review of the Debtors' proposed key employee
       Retention and other critical employee benefit programs;

   (g) assist in the review and preparation of information and
       analysis necessary for the confirmation of a plan in these
       chapter 11 cases; and

   (h) render other general business consulting or such other
       assistance as the Committee or its counsel may deem
       necessary, consistent with the role of a financial advisor
       and not duplicative of services provided by other
       professionals in these chapter 11 cases

   (i) assist in the determination of a range of values for the
       Debtors on a going concern or liquidation basis

Alvarez & Marsal will be paid at these hourly rates:

       Managing Directors          $750-$950
       Directors                   $550-$750
       Associates                  $400-$550
       Analysts                    $350-$400

Alvarez & Marsal will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Kelly Stapleton, managing director of Alvarez & Marsal, 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 Sep. 21, 2015, at 10:30 a.m.

Alvarez & Marsal can be reached at:

       Kelly Stapleton
       ALVAREZ & MARSAL
       NORTH AMERICA, LLC
       600 Madison Ave., 8th Floor
       New York, NY 10022
       Tel: (212) 763-9750
       E-mail: kstapleton@alvarezandmarsal.com

                        About Boomerang Tube

Boomerang Tube, LLC, is a manufacturer of welded Oil Country
Tubular Goods ("OCTG") in the United States.  OCTG are used by
drillers in exploration and production of oil and natural gas and
consist of drill pipe, casing and tubing.  Boomerang has corporate
offices in Chesterfield, Missouri and manufacturing facilities in
Liberty, Texas, strategically located near major steel production
centers and end-user markets.  With a 487,000 square foot plant
that houses two mills and heat treat lines and a contingent 119
acres, these facilities constitute the second largest alloy OCTG
mill in North America.  Access Tubulars, LLC, owns 81% of the
equity interests in Boomerang.

Boomerang Tube and its subsidiaries BTCSP LLC and BT Financing
sought Chapter 11 protection (Bankr. D. Del. Lead Case No.
15-11247) on June 9, 2015, with a deal with lenders on a balance
sheet restructuring that would convert $214 million of debt to 100%
of the common stock of the reorganized company. The cases are
assigned to Judge Mary F. Walrath.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, as
attorneys; Lazard Freres & Co. LLC, as financial advisor; and
Donlin, Recano & Co., Inc., as claims and noticing agent.


BOOMERANG TUBE: Sec. 1111(b) Deadline Set at Sept. 14
-----------------------------------------------------
U.S. Bankruptcy Judge Mary Walrath has set a deadline in which
Boomerang Tube, LLC, is to make an election as to Section 1111(b)
at Sept. 14, 2015.

                       About Boomerang Tube

Boomerang Tube, LLC, is a manufacturer of welded Oil Country
Tubular Goods ("OCTG") in the United States.  OCTG are used by
drillers in exploration and production of oil and natural gas and
consist of drill pipe, casing and tubing.  Boomerang has corporate
offices in Chesterfield, Missouri and manufacturing facilities in
Liberty, Texas, strategically located near major steel production
centers and end-user markets.  With a 487,000 square foot plant
that houses two mills and heat treat lines and a contingent 119
acres, these facilities constitute the second largest alloy OCTG
mill in North America.  Access Tubulars, LLC, owns 81% of the
equity interests in Boomerang.

Boomerang Tube and its subsidiaries BTCSP LLC and BT Financing
sought Chapter 11 protection (Bankr. D. Del. Lead Case No.
15-11247) on June 9, 2015, with a deal with lenders on a balance
sheet restructuring that would convert $214 million of debt to
100%
of the common stock of the reorganized company.  The cases are
assigned to Judge Mary F. Walrath.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, as
attorneys; Lazard Freres & Co. LLC, as financial advisor; and
Donlin, Recano & Co., Inc., as claims and noticing agent.



BOOMERANG TUBE: UST Objects to Alvarez & Marsal Fee Provisions
--------------------------------------------------------------
Andrew R. Vara, the Acting United States Trustee for Region 3 of
Boomerang Tube and its debtor-affiliates, filed with the U.S.
Bankruptcy Court for the District of Delaware an objection to the
Unsecured Creditors' Committee's bid to retain Alvarez & Marsal
North America, LLC as financial advisors.

Cortland Capital Market Services LLC, in its capacity as
administrative and collateral agent to the Term Lenders and the
Term DIP Lenders, filed a joinder to Mr. Vara's objection.

Mr. Vara stated that Alvarez & Marsal seeks reimbursement of "any
reasonable legal fees incurred for Alvarez & Marsal's defense of
this Application and fee applications submitted in this matter,
subject to Court approval".  The Fee Defense Provisions violate the
Bankruptcy Code, ignore the express directives of the United States
Supreme Court, and are otherwise unreasonable. The Supreme Court
recently held that 11 U.S.C. section 330(a) does not authorize a
court to approve a law firm's fee for litigating its fee
application.

Cortland Capital objects to the entry of an order approving the
retention of Alvarez & Marsal that would require Debtors to
indemnify Alvarez & Marsal for any fees accrued in the process of
defending or prosecuting fee applications.

According to Mr. Vara, unless the Fee Defense Provisions are
removed or stricken, the Court should deny the Retention
Application.

Mr. Vara is represented by:

       Benjamin A. Hackman, Esq.
       OFFICE OF THE UNITED STATES TRUSTEE
       J. Caleb Boggs Federal Building
       844 King Street, Suite 2207, Lockbox 35
       Wilmington, DE 19801
       Tel: (302) 573-6491
       Fax: (302) 573-6497

Cortland Capital is represented by:

       William E. Chipman, Jr., Esq.
       CHIPMAN BROWN CICERO & COLE, LLP
       1007 North Orange Street, Suite 1110
       Wilmington, DE 19801
       Tel: (302) 295-0191
       Fax: (302) 295-0199
       E-mail: chipman@chipmanbrown.com

                        About Boomerang Tube

Boomerang Tube, LLC, is a manufacturer of welded Oil Country
Tubular Goods ("OCTG") in the United States.  OCTG are used by
drillers in exploration and production of oil and natural gas and
consist of drill pipe, casing and tubing.  Boomerang has corporate
offices in Chesterfield, Missouri and manufacturing facilities in
Liberty, Texas, strategically located near major steel production
centers and end-user markets.  With a 487,000 square foot plant
that houses two mills and heat treat lines and a contingent 119
acres, these facilities constitute the second largest alloy OCTG
mill in North America.  Access Tubulars, LLC, owns 81% of the
equity interests in Boomerang.

Boomerang Tube and its subsidiaries BTCSP LLC and BT Financing
sought Chapter 11 protection (Bankr. D. Del. Lead Case No.
15-11247) on June 9, 2015, with a deal with lenders on a balance
sheet restructuring that would convert $214 million of debt to 100%
of the common stock of the reorganized company. The cases are
assigned to Judge Mary F. Walrath.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, as
attorneys; Lazard Freres & Co. LLC, as financial advisor; and
Donlin, Recano & Co., Inc., as claims and noticing agent.


BREF HR: Delays Second Quarter Form 10-Q
----------------------------------------
BREF HR, LLC was not able to file its quarterly report on Form
10-Q for the period ended June 30, 2015, within the prescribed time
as the Company experienced unanticipated delays in compiling
certain information necessary to prepare a complete filing of its
Form 10-Q.  The Company expects to file its Form 10-Q as soon as it
has completed compiling the necessary information.

                           About BREF HR

BREF HR owns and operates Hard Rock Hotel & Casino Las Vegas.  The
Company, which was formed by certain affiliates of Brookfield
Financial, LLC to acquire the entities which indirectly and
previously owned the Hard Rock Hotel & Casino Las Vegas, is based
in New York.

BREF HR reported a net loss of $103 million in 2014, a net loss of
$106 million in 2013 and a net loss of $116 million in 2012.

As of March 31, 2015, BREF had $583 million in total assets, $913
million in total liabilities, and a $330 million total mambers'
deficit.

Deloitte & Touche LLP, in Las Vegas, Nevada, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing that recurring losses from
operations and the contractual debt repayments due April 17, 2015,
raise substantial doubt about its ability to continue as a going
concern.


BRIARWOOD ACQUISITION: Bankr. Court Partially Lifts Stay for Bank
-----------------------------------------------------------------
Judge Ann M. Mevis of the United States Bankruptcy Court for the
District of Connecticut, Hartford Division, partially modifies the
automatic stay imposed in the Chapter 11 case of Briarwood
Acquisition, LLC, to permit Putnam Bank to exercise its rights with
respect to the Debtor's property pursuant to non-bankruptcy law.

The Bank holds two mortgages on the debtor's real property
consisting of approximately 117 acres comprised of undeveloped
land, as well as developed and partially developed lots along Cook
Hill Road; Killingly, Connecticut, known as the Brentwood Falls
Condominium Project.  On November 14, 2014, the Connecticut
Superior Court entered a judgment of strict foreclosure against the
debtor which was stayed when the debtor filed a Chapter 11
bankruptcy petition.

The Bank sought for relief from stay to continue its foreclosure
action in state court because the debtor, a single asset real
estate debtor, failed to commence monthly payments as defined in 11
U.S.C. Section 362(d)(3)(B)(ii) and failed to propose a plan of
reorganization within 90 days after the petition date.  The Bank
also argued that the debtor engaged in a scheme to hinder or delay
the Bank by filing for bankruptcy more than once, and therefore
relief from stay should be granted pursuant to Section
362(d)(4)(B).

Judge Mevis concluded that the debtor did not timely file a plan
nor commence monthly payments as required by Section
362(d)(3)(B)(ii), and the court is therefore required to terminate,
annul, modify, or condition the stay.  Judge Mevis concluded that
termination of the stay is appropriate.

Judge Mevis, however, concluded that the debtor has not engaged in
a scheme to hinder and delay the Bank from exercising its rights
against the property.  The judge found that the debtor made
significant effort to prosecute its current bankruptcy case and
therefore denied the Bank's motion to the extent it is premised on
Section 362(d)(4).

The case is In re: Briarwood Acquisition, LLC, Chapter 11, Debtor.
Putnam Bank, Movant, v. Briarwood Acquisition, LLC, Respondent,
CASE NO. 15-20596 (AMN) (Bankr. D. Conn.).

A full-text copy of Judge Mevis' August 7, 2015 memorandum and
order is available at http://is.gd/EuZkXEfrom Leagle.com.  


BRINKER INTERNATIONAL: Moody's Withdraws Ba1 Corp. Family Rating
----------------------------------------------------------------
Moody's Investors Service upgraded Brinker International Inc's
senior unsecured notes to Baa3 from Ba2.  In addition, Moody's
withdrew Brinker's Ba1 Corporate Family Rating (CFR) and Ba1-PD
Probability of Default Rating (PDR).  The rating outlook is stable.
This concludes Moody's review that was initiated on
June 16, 2015.

RATINGS RATIONALE

"The upgrade reflects Brinker's steady improvement in operating
earnings and the reduction in adjusted debt levels due to changes
in Moody's approach for capitalizing operating leases", stated
Moody's Senior Credit Officer Bill Fahy.  For the LTM period ending
March 31, 2015, leverage was approximately 3.0 times versus over
3.4 times for the same period with the decline driven by the change
in the lease multiple.  The updated approach for standard
adjustments for operating leases is explained in the cross-sector
rating methodology Financial Statement Adjustments in the Analysis
of Non-Financial Corporations, published on June 15, 2015.

Ratings upgraded are:

   -- $300 million 3.875% senior unsecured notes, to Baa3 from
      Ba2 (LGD5)
   -- $250 million 2.6% senior unsecured notes, to Baa3 from
      Ba2 (LGD5)

Ratings withdrawn are:

   -- Corporate Family Rating at Ba1
   -- Probability of Default Rating at Ba1-PD

The outlook is stable

The Baa3 rating of Brinker's senior unsecured notes reflects the
company's high level of brand awareness, meaningful scale, improved
cost structure and strong product pipeline and technology
initiatives that should help drive incremental traffic and higher
check.  The ratings also reflect a steady improvement in earnings
that has helped maintain a consistent level of credit metrics and
good liquidity despite higher funded debt levels.  The ratings also
consider that soft consumer spending and high level of promotional
activities across the industry will continue to pressure operating
trends and earnings.  The ratings also reflect our view that credit
metrics and liquidity will not materially deteriorate from current
levels despite the use of free cash flow and additional borrowings
to fund shareholder initiatives.

The stable outlook reflects Moody's expectation that Brinker will
maintain moderate leverage and good coverage metrics while
preserving good liquidity.  In addition, the outlook incorporates
Moody's view that management will balance returns to shareholders
in a manner that preserves leverage and coverage metrics that are
appropriate for its current ratings.

Ratings could be downgraded in the event operating performance --
particularly same store sales and transactions -- were to decline
for an extended period causing a sustained deterioration in
earnings and debt protection metrics.  Specifically, ratings could
be lowered in the event leverage on a debt to EBITDA basis rose
above 3.5 times or EBITA coverage of interest fell below 3.5 times
on a sustained basis.

Factors which could result in an upgrade include improved operating
performance driven by consistently positive traffic and average
check that results in a sustained strengthening of earnings and
debt protection metrics.  Specifically, this could include debt to
EBITDA below 3 times, EBITA coverage of interest exceeding 4.5
times, and retained cash flow to debt exceeding 25% on a sustained
basis.  A higher rating would also require maintaining good
liquidity.

Brinker International owns, operates and franchises the casual
dining concepts Chili's Grill & Bar (Chili's) and Maggiano's Little
Italy.  Annual revenues are approximately $3.0 billion.

The principal methodology used in these ratings was Global
Restaurant Methodology published in June 2011.



CA CAPITAL FUNDS: Voluntary Chapter 11 Case Summary
---------------------------------------------------
Debtor: CA Capital Funds for 115 14th Ave Trust
        115 14th Ave.
        San Francisco, CA 94118

Case No.: 15-31084

Nature of Business: Investment

Chapter 11 Petition Date: August 25, 2015

Court: United States Bankruptcy Court
       Northern District of California (San Francisco)

Judge: Hon. Dennis Montali

Debtor's Counsel: Stephen D. Finestone, Esq.
                  LAW OFFICES OF STEPHEN D. FINESTONE
                  456 Montgomery St. 20th Fl.
                  San Francisco, CA 94104
                  Tel: (415) 421-2624
                  Email: sfinestone@pobox.com

Total Assets: $2.15 million

Total Liabilities: $2.1 million

The petition was signed by Daniel Kim, trustee.

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


CAESARS ENTERTAINMENT: Enters Into RSA with Bank Lenders
--------------------------------------------------------
Caesars Entertainment Corporation and Caesars Entertainment
Operating Company, Inc. have entered into a Bank Restructuring
Support Agreement.

The agreement, which is effective immediately, secures the support
of CEOC's largest and most senior creditor constituencies and
represents a key milestone in Caesars Entertainment and CEOC's
efforts to implement a consensual restructuring of CEOC.  CEOC's
restructuring is now supported by CEOC's First Lien Bank Lenders
and First Lien Bondholders, which represent the most senior $12
billion of CEOC's capital structure.

Caesars Entertainment and CEOC continue to engage in discussions
with junior creditors to build additional support for the
previously announced Second Lien Restructuring Agreement in an
effort to complete the restructuring consensually.  However, the
senior creditors' support of the agreement paves the way toward a
confirmable plan for the restructuring of CEOC.

The Bank RSA is substantially similar to the previously announced
Bond RSA.  The Bank RSA and a summary of the transaction are
available in the Media Resources section of the CEOC Restructuring
Web site at http://www.ceocrestructuring.com/media-resources/.

                   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.

                         *     *     *

The Troubled Company Reporter, on April 27, 2015, reported that
Fitch Ratings has affirmed and withdrawn the Issuer Default
Ratings (IDR) and issue ratings of Caesars Entertainment Operating
Company (CEOC).  These actions follow CEOC's Chapter 11 filing on
Jan. 15, 2015.  Accordingly, Fitch will no longer provide ratings
or analytical coverage for CEOC.

In addition, Fitch has affirmed the IDR and issue rating of
Chester Downs and Marina LLC (Chester Downs) and the ratings have
been simultaneously withdrawn for business reasons.


COLLAVINO CONSTRUCTION: Extends CCCI's Plan Filing Until Sept. 16
-----------------------------------------------------------------
The Hon. Shelley C. Chapman of the U.S. Bankruptcy Court for the
Southern District of New York extended the exclusive periods of
Collavino Construction Company Inc. so that the periods may
coincide with the pending deadlines approved by the Court with
respect to related debtor Collavino Construction Company Limited.

Pursuant to Section 1121(d) of the Bankruptcy Code, the CCCI
exclusive filing period is extended until Sept. 16, 2015, and the
CCCI exclusive solicitation period is extended until Nov. 16.

                   About Collavino Construction

Family-owned The Collavino Group owns entities that operate in
various sectors of the construction industry in the New York-New
Jersey metropolitan area, Canada, and the Detroit metropolitan
area. The Collavino Group performs contracts in both the public
and
private sectors as a general contractor, design-build consultant,
construction manager and prime subcontractor for
cast-in-place and precast concrete works.

CCCI sought Chapter 11 protection (Bankr. S.D.N.Y. Case No.
14-12908) on Oct. 17, 2014  CCCL sought Chapter 11 protection
(Bankr. S.D.N.Y. Case No. 15-10344) on Feb. 18, 2015.

CCCL disclosed $88,418,514 in assets and $6,274,097 in liabilities
as of the Chapter 11 filing.

Judge Shelley C. Chapman presides over the cases.  The Court has
entered an order approving joint administration of the two cases.
The Debtors tapped Cullen and Dykman LLP as counsel, and Peckar &
Abramson, P.C., as special litigation counsel.



COMMUNICATION INTELLIGENCE: Investors Buy 329,000 Units
-------------------------------------------------------
Certain investors of Communication Intelligence Corporation
purchased an aggregate of 329,000 Units at a purchase price of
$1.00 per Unit for an aggregate purchase price of approximately
$329,000 pursuant to subscription agreements dated July 23, 2015,
according to a document filed with the Securities and Exchange
Commission.  

Each Unit consists of one share of the Company's Series D-1
Convertible Preferred Stock and one warrant to purchase 40 shares
of the Company's Common Stock.  The shares of Series D-1 are
convertible into shares of Common Stock at an initial conversion
price of $0.0225 per share (subject to adjustment).  The warrants
issued to the Investors entitle the Investors to purchase up to an
aggregate of approximately 13.2 million shares of Common Stock.
These warrants are exercisable for a period of three years and have
an exercise price of $0.0125 per share.

                 About Communication Intelligence

Redwood Shores, California-based Communication Intelligence
Corporation is a supplier of electronic signature products and the
recognized leader in biometric signature verification.

As of March 31, 2015, the Company had $2.53 million in total
assets, $2.17 million in total liabilities and $356,000 in total
equity.


CORINTHIAN COLLEGES: OK'd to Sell IP Assets to Thomas Education
---------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware authorized
Corinthian Colleges, Inc., et al., to sell intellectual property
assets, pursuant to a purchase agreement dated Aug. 11, 2015,
between debtor Heald College, LLC and Corinthian Colleges, Inc. and
Thomas Education Ventures, LLC, the purchaser.

The APA provides that, among other things:

   1. the purchased assets will include all of the seller's
intellectual property assets including without limitation, the
trademarks "Heald," "Get in-Get Out.Get Ahead," all domain names
and all intellectual property assets related thereto; and

   2. the consideration to be paid by the purchaser for the
purchased assets is a cash payment in the amount of $100,000.

William J. Nolan, senior managing director in the Corporate
Finance/Restructuring practice of FTI Consulting, Inc., submitted a
declaration in support of the Debtors' motion for approval of the
sale of certain intellectual property assets.

According to Mr. Nolan, the Debtors identified 160 parties as
potential purchasers of the Heald Assets.  On July 21, 2015, the
Debtors Heald College, LLC and Corinthian and Perry entered into
that certain purchase agreement with respect to the sale of the
Heald Assets, subject to better and bigger offers.

At the competitive bidding, the Debtors determined that Thomas
Education Ventures, LLC had submitted the highest and best bid of
$100,000 for the Heald Assets.  On Aug. 11, 2015, Debtors
Corinthian and Heald College, LLC and Thomas Education entered into
that certain purchase agreement with respect to the sale of the
Heald Assets.

Prior to the sale order, Thomas Education objected to the Debtors'
sale motion stating that the Debtors' decision to sell the Heald
Assets pursuant to the purchase agreement cannot be an exercise of
the Debtors' sound business judgment as the purchaser's bid of a
cash payment of $80,000 does not represent the highest and
otherwise best offer for the assets.  Thomas Education is prepared
to pay more for the Heald Assets than the consideration.

As reported in the Troubled Company Reporter on Aug. 3, 2015, the
Debtors requested for authorization to sell the intellectual assets
of Heald College to Perry Enterprises for $80,000.

The Debtors decided to use internal resources to market the assets
and determined that the Heald Assets were likely to generate the
most value.  The Purchase Price for Heald College, a 150-year old
regionally accredited institution with 12 campuses offering
associate degree curricula, is in the form of a cash bid.  The
Debtors believe that Purchaser's bid of a cash payment of $80,000
represents the highest and otherwise best offer for the Assets.

The intellectual property assets of Heald include, without
limitation, the trademarks "Heald College," "Heald," "Get In-Get
Out. Get Ahead," certain domain names, Heald historical items and
all other intellectual property assets related thereto.

The Debtors tell the Court that the proposed transaction is in the
best interests of their estates because, among other things, will
facilitate a quick and efficient disposition of the Assets since
they are no longer operating and therefore, have no further use for
the Assets. The Debtors submit that the marketing and bidding
process enabled the Debtors to maximize the value received for the
Assets for the benefit of all stakeholders of the Debtors'
estates.

                    About Corinthian Colleges

Corinthian Colleges, Inc., Pegasus Education, Inc., and 23
affiliated entities filed voluntary Chapter 11 petitions (Bankr. D.
Del. Lead Case No. 15-10952) on May 4, 2015, to complete an orderly
wind down of its operations.  The cases are jointly administered
Case No. 15-10952.

Judge Kevin J. Carey presides over the case.  Richards, Layton &
Finger, P.A., represents the Debtors in their restructuring
efforts; FTI Consulting, Inc., serves as restructuring advisors;
and Rust Consulting/Omni Bankruptcy serves as claims and noticing
agent.

Corinthian Colleges, Inc., disclosed $721,596,789 in assets and
$2,929,448,278 in liabilities as of the Chapter 11 filing.

The U.S. Trustee for Region 3 appointed five creditors to serve on
the official committee of unsecured creditors.



DAVE ANDREWS: 2nd Amended Plan Unconfirmable
--------------------------------------------
Judge Marian F. Harrison of the United States Bankruptcy Court for
the Middle District of Tennessee, Nashville Division, ruled that
the Second Amended Plan of Dr. David Kirkland Andrews and Cynthia
Talley Andrews cannot be confirmed.

The debtors proposed in their Second Amended Plan of Reorganization
that they will contribute new value and retain their assets,
including the dental practice owned by Dr. Andrews, D.D.S., PLLC.
The plan has two sources of new value: (1) "Exempt New Value" which
is made up of an inherited IRA, estimated value of $84,000, and
$20,000 in exempt pre-petition cash; and (2) "Additional New Value"
which is made up of the debtors' "post-closing personal services
income in an estimated amount of $1,400,000."

Judge Harrison held that the debtors' Second Amended Plan fails to
satisfy the absolute priority rule because it allows the debtors to
retain prepetition assets and does not require the debtors to pay
their unsecured creditors in full.

Judge Harrison also held that the debtors fail to meet the
requirements of the new value exception.  The judge found that the
debtors' Additional New Value is not a new value contribution under
the new value exception because it is in reality the debtors'
projected disposable income that they are already required to
contribute to the plan.  Further, Judge Harrison also found that
the debtors' Exempt New Value is not reasonably equivalent to the
retained assets, specifically the value of the PLLC.  The debtors'
expert had valued the PLLC at $1,250,000 if Dr. Andrews retained
the PLLC with its goodwill.

The case is IN RE: DAVID KIRKLAND ANDREWS and CYNTHIA TALLEY
ANDREWS, Chapter 11, Debtors, CASE NO. 3:14-BK-01730 (Bankr. M.D.
Tenn.).

A full-text copy of Judge Harrison's July 30, 2015 order is
available at http://is.gd/auIxoSfrom Leagle.com.  


DOMUM LOCIS: Has Until Nov. 30 to Propose Chapter 11 Plan
---------------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California
extended Domum Locis, LLC's exclusive period to propose a Chapter
11 plan until Nov. 30, 2015, and solicit acceptances for that plan
until Jan. 29, 2016.

As reported in the Troubled Company Reporter on Aug. 3, 2015, the
Debtor explained that it required an extension of the exclusivity
period while (i) the Bankruptcy Appellate Panel a ruling on an
appeal, and (ii) Kilroy and Lloyds attend the upcoming Mediation.
As to the Appeal, the Debtor is not in a position to file a plan of
reorganization because the Court has ruled that the properties are
not property of the estate.  If, however, the BAP reverses the
Court, the Debtor will be in a better position to move forward with
its reorganization efforts.

Michael J. Kilroy, the managing member of the Debtor, declared that
a non-bidding mediation on all pending disputes is scheduled on
Aug. 7, 2015.  The mediation could have an impact on any plan of
reorganization that will be proposed by the Debtor, particularly if
Kilroy and Lloyds reach a global settlement.

                        About Domum Locis

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

The Debtor selected Cypress LLP as general bankruptcy counsel.

The Debtor reported $14.6 million in assets and $11.04 million in
liabilities.

The U.S. Bankruptcy Court for the Western District of Michigan
ordered that the deadline for Family Christian, LLC et al., to
assume or reject unexpired leases of nonresidential real property
under which any of the Debtors are a lessee is extended until Sept.
9, 2015.

The Court also denied and overruled all objections.  The objection
of the landlords was withdrawn on the basis that prior to the
expiration of the existing deadline, the Debtors requested, and the
Kelley Drye Landlords consented in writing to a further extension
of the deadline.

On Aug. 7, 2015, DDR Corp., Regency Centers, L.P., Rouse
Properties, Inc., Slawson Companies, and Weingarten Realty
Investors as landlords, owners, and managing agents for the owners
of the nineteen properties, supplemented their objection to the
Debtors' proposed extension of the lease assumption and rejection
period beyond the date of confirmation of a chapter 11 plan of
reorganization, as fixed by both the Bankruptcy Code and the
Court's assumption deadline order.

According to the Landlords, the Debtors must not be permitted to
prolong the deadline to assume and assign the leases beyond the
date of confirmation of a chapter 11 plan which would contradict
the plain meaning of Section 365(d)(4) of the Bankruptcy Code and
the Court's prior assumption deadline order.



DRIVETIME AUTOMOTIVE: S&P Revises Outlook to Neg. & Affirms 'B' ICR
-------------------------------------------------------------------
Standard & Poor's Ratings Services said it revised its outlook on
DriveTime Automotive Group Inc. to negative from stable.  S&P also
affirmed its long-term issuer credit rating on DriveTime at 'B' and
S&P's rating on the company's senior secured notes at 'B'.

"The negative outlook reflects DriveTime's heightened leverage and
weakened profitability following several quarters of aggressive
growth," said Standard & Poor's credit analyst Shakir Taylor. Since
the second quarter of 2014, the company increased debt
significantly by issuing more than $830 million of asset-backed
securities and increasing the borrowing amounts on its revolving
warehouse and residual facilities.  As of June 30, 2015, the
company's consolidated leverage, as measured by the ratio of debt
to tangible equity, was 6.0x, compared with 4.2x for the same
period last year, leading S&P to revise its capital, leverage, and
earnings assessment to "moderate" from "adequate."  At the same
time, leverage as defined in DriveTime's term residual and
inventory facilities has increased to 3.9x from 3.3x and is
approaching the covenant maximum of 4.25x.  The covenants adjust
shareholders' equity for deferred income related to the sale of its
ancillary products.  S&P believes that leverage will remain
elevated for as long as the company is able to tap the wholesale
funding markets at a reasonable cost.

DriveTime primarily funds its finance receivables through portfolio
warehouse facilities, residual financing facilities,
securitizations, and other portfolio term financings.  Since the
beginning of the year, the company has expanded its liquidity
resources, increased borrowing capacity, and extended the final
maturity dates on its term residual facilities.  Based on these
factors, S&P has revised its assessment of DriveTime's liquidity to
"adequate" from "moderate."

While the company's balance sheet remains mostly encumbered, S&P
assumes that the company could slow originations in a stress
scenario, and that the collateral coverage on its auto loans will
remain sufficient to pay down its secured funding.  DriveTime's
$400 million senior secured notes contain a covenant that requires
the company to maintain a collateral coverage ratio of 1.5x the
outstanding senior secured notes.  As of June 30, 2015, the
collateral coverage ratio was 2.2x.

The negative outlook on DriveTime is based on Standard & Poor's
view that DriveTime's significant increase in leverage and rapidly
expanding loan portfolio elevates the credit risk profile of the
company.  Furthermore, the company has announced its intentions to
enter new markets into metropolitan markets, which S&P expects to
carry a high fixed cost basis, potentially reducing operating
leverage.

S&P could lower the rating if leverage, as measured by debt to
tangible equity, were to rise to more than 6.5x.  While DriveTime's
access to the subprime asset-backed securities markets has proven
to be fairly resilient during the last crisis, S&P may lower the
rating if stressed conditions in the credit markets were to
substantially limit the company's access to funding.  S&P would
also consider lowering the rating if credit quality worsens or the
company's income does not keep pace with rising expenses derived
from store expansion, or if credit losses trend below S&P's
expectations.

S&P could revise the outlook to stable if leverage remains below 6x
and DriveTime demonstrates that its aggressive growth strategy has
led to substantially improved earnings, on a GAAP basis, without
weakened credit quality (net charge-offs below 15% of
receivables).



ECOSPHERE TECHNOLOGIES: Delays Second Quarter Form 10-Q
-------------------------------------------------------
Ecosphere Technologies, Inc. filed with the U.S. Securities and
Exchange Commission a Notification of Late Filing on Form 12b-25
with respect to its quarterly report on Form 10-Q for the period
ended June 30, 2015.

Ecosphere said it has reached oral agreements with its holders of
all the principal outstanding short-term debt to extend the due
dates.  The Company expects to execute the extension agreements in
five calendar days, and believes that this information should be
disclosed in its Form 10-Q so it will file the report once the
documents have been executed.

                   About Ecosphere Technologies

Stuart, Florida-based Ecosphere Technologies (OTC BB: ESPH) --
http://www.ecospheretech.com/-- is a water engineering,
technology licensing and environmental services company that
designs, develops and manufactures wastewater treatment solutions
for industrial markets.  Ecosphere, through its majority-owned
subsidiary Ecosphere Energy Services, LLC, provides energy
exploration companies with an onsite, chemical free method to kill
bacteria and reduce scaling during fracturing and flowback
operations.

Ecosphere reported a net loss of $11.5 million on $1.11 million of
total revenues for the year ended Dec. 31, 2014, compared with net
income of $19.2 million on $6.71 million of total revenues for the
year ended Dec. 31, 2013.

As of Dec. 31, 2014, the Company had $15.05 million in total
assets, $3.82 million in total liabilities, $3.8 million in total
redeemable convertible cumulative preferred stock, and $7.42
million in total equity.

Salberg & Company, P.A., in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing that the Company reported a
net loss of $11.5 million in 2014, and cash used in operating
activities of $4.55 million and $10.3 million in 2014 and 2013,
respectively.  At Dec. 31, 2014, the Company had a working capital
deficiency, and accumulated deficit of $2.86 million, and $109
million, respectively.  These matters raise substantial doubt about
the Company's ability to continue as a going concern.


EDENOR SA: Informs Filing of 2014 Annual Report 20-F
----------------------------------------------------
The management of Edenor S.A. announced that, on May 12, 2015, it
filed its annual report on Form 20-F for the fiscal year ended Dec.
31, 2014, with the U.S. Securities and Exchange Commission.
The 2014 Annual Report can be accessed at http://is.gd/6WQwU8

Shareholders may receive a hard copy of the Company's complete
audited financial statements free of charge by requesting a copy
within a reasonable period of time from Edenor's Investor Relations
Office.

                          About Edenor SA

Headquartered in Buenos Aires, Argentina, Edenor S.A. (NYSE: EDN;
Buenos Aires Stock Exchange: EDN) is the largest electricity
distribution company in Argentina in terms of number of customers
and electricity sold (both in GWh and Pesos).  Through a
concession, Edenor distributes electricity exclusively to the
northwestern zone of the greater Buenos Aires metropolitan area
and the northern part of the city of Buenos Aires.

Edenor SA reported a loss of ARS780 million on ARS3.59 billion of
revenue for the year ended Dec. 31, 2014, compared with profit of
ARS773 million on ARS3.44 billion of revenue for the year ended
Dec. 31, 2013.

As of June 30, 2015, Edenor had ARS 10.74 billion in total assets,
ARS 9.63 billion in total liabilities and ARS 1.11 billion in total
equity.


ELBIT IMAGING: Incurs NIS 70.9 Million Loss in Second Quarter
-------------------------------------------------------------
Elbit Imaging Ltd. reported a loss of NIS 70.9 million on NIS
224.43 million of total revenues for the three months ended June
30, 2015, compared to a loss of NIS 491.5 million on NIS 52.3
million of total revenues for the same period during the prior
year.

For the six months ended June 30, 2015, the Company reported a loss
of NIS 200.8 million on NIS 267.3 million of total revenues
compared to profit of NIS 982.7 million on NIS 96.74 million of
total revenues for the same period a year ago.

As of June 30, 2015, the Company had NIS 2.8 billion in total
assets, NIS 2.5 billion in total labilities and NIS 338.3 million
in shareholders' equity.

A full-text copy of the Quarterly Report is available at:

                        http://is.gd/mxW9p6

                        About Elbit Imaging

Tel-Aviv, Israel-based Elbit Imaging Ltd. (TASE, NASDAQ: EMITF)
holds investments in real estate and medical companies.  The
Company, through its subsidiaries, also develops shopping and
entertainment centers in Central Europe and invests in and manages
hotels.

Since February 2013, Elbit has intensively endeavored to come to
an arrangement with its creditors.  Elbit has said it has been
hanging by a thread for more than five months.  It has encountered
cash flow difficulties and this burdens its day to day activities,
and it certainly cannot make the necessary investments to improve
its assets.  In light of the arrangement proceedings, and
according to the demands of most of the bondholders, as well as an
agreement that was signed on March 19, 2013, between Elbit and the
Trustees of six out of eight series of bonds, Elbit is prohibited,
inter alia, from paying off its debts to the financial creditors
-- and as a result a petition to liquidate Elbit was filed, and
Bank Hapoalim has declared its debts immediately payable,
threatening to realize pledges that were given to the Bank on
material assets of the Company -- and Elbit undertook not to sell
material assets of the Company and not to perform any transaction
that is not during its ordinary course of business without giving
an advance notice to the trustees.

Accountant Rony Elroy has been appointed as expert for examining
the debt arrangement in the Company.

In July 2013, Elbit Imaging's controlling shareholders, Europe-
Israel MMS Ltd. and Mr. Mordechay Zisser, notified the Company
that the Tel Aviv District Court has appointed Adv. Giroa Erdinast
as a receiver with regards to the ordinary shares of the Company
held by Europe Israel securing Europe Israel's obligations under
its loan agreement with Bank Hapoalim B.M.  The judgment stated
that the Receiver is not authorized to sell the Company's shares
at this stage.  Following a request of Europe-Israel, the Court
also delayed any action to be taken with regards to the sale of
those shares for a period of 60 days.  Europe Israel and
Mr. Zisser have also notified the Company that they utterly reject
the Bank's claims and intend to appeal the Court's ruling.


FAMILY CHRISTIAN: Lease Decision Period Extended Until Sept. 9
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Michigan
ordered that the deadline for Family Christian, LLC et al., to
assume or reject unexpired leases of nonresidential real property
under which any of the Debtors are a lessee is extended until Sept.
9, 2015.

The Court also denied and overruled all objections.  The objection
of the landlords was withdrawn on the basis that prior to the
expiration of the existing deadline, the Debtors requested, and the
Kelley Drye Landlords consented in writing to a further extension
of the deadline.

On Aug. 7, 2015, DDR Corp., Regency Centers, L.P., Rouse
Properties, Inc., Slawson Companies, and Weingarten Realty
Investors as landlords, owners, and managing agents for the owners
of the nineteen properties, supplemented their objection to the
Debtors' proposed extension of the lease assumption and rejection
period beyond the date of confirmation of a chapter 11 plan of
reorganization, as fixed by both the Bankruptcy Code and the
Court's assumption deadline order.

According to the Landlords, the Debtors must not be permitted to
prolong the deadline to assume and assign the leases beyond the
date of confirmation of a chapter 11 plan which would contradict
the plain meaning of Section 365(d)(4) of the Bankruptcy Code and
the Court's prior assumption deadline order.

                     About Family Christian

Family Christian Holding, LLC, is the sole owner and member of
Family Christian, LLC, which operates and runs Family Christian
stores, one of the largest retail sellers of Christian books,
music, DVDs, church supplies, and other faith based merchandise.

Family Christian, LLC, Family Christian Holding, LLC, and
FCS Giftco, LLC, filed Chapter 11 bankruptcy petitions (Bankr.
W.D. Mich. Lead Case No. 15-00643) on Feb. 11, 2015.  The petition
was signed by Chuck Bengochea as president and CEO.  The Debtors
estimated assets and liabilities of $50 million to $100 million.

The Debtors are being represented by Todd Almassian, Esq., at
Keller & Almassian PLC, and Erich Durlacher, Esq., Brad Baldwin,
Esq., Bryan Glover, Esq., at Burr & Forman LLP as counsel.

The U.S. Trustee for Region 9 appointed seven creditors of Family
Christian LLC to serve on the official committee of unsecured
creditors.



FILMED ENTERTAINMENT: Has Interim Cash Collateral Use Approval
--------------------------------------------------------------
Judge Shelley C. Chapman of the U.S. Bankruptcy Court for the
Southern District of New York gave Filmed Entertainment, Inc.,
interim authority to use cash collateral securing its prepetition
indebtedness from HCL America, Inc., through and including the week
ending Nov. 6, 2015.

The Debtor's authorization to use Cash Collateral will
automatically terminate on the earlier of the following: (x) the
occurrence of a Termination Event; or (y) February 10, 2016, unless
extended by order of the Court.

The Bankruptcy Court will hold a final hearing on the Cash
Collateral Motion on Sept. 8, 2015, at 2:00 p.m. (New York Time).

                    About Filmed Entertainment

Filmed Entertainment Inc. owns and operates the "Columbia House DVD
Club," a direct-to-customer distributor of movies and television
series in the United States.  FEI conducts its business through
physical catalogues and through the http://www.columbiahouse.com/
Web site.  FEI was historically active in the musical compact disc
business, but exited the music business in 2010.  Founded in 1955
as a division of CBS Inc. to sell vinyl records and cassette tapes,
FEI is a unit of Pride Tree Holdings, Inc., which acquired FEI in
December 2012.

On Aug. 10, 2015 FEI filed a voluntary petition for relief under
Chapter 11 of the United States Bankruptcy Code (Bankr. S.D.N.Y.
Case No. 15-12244) in Manhattan, New York.  The case is pending
before the Honorable Shelley C. Chapman.

The Debtor tapped Griffin Hamersky P.C. as counsel, and Prime Clerk
LLC as claims and noticing agent.

The Debtor estimated assets of $1 million to $10 million and debt
of $50 million to $100 million.


FILMED ENTERTAINMENT: U.S. Trustee Appoints Creditors' Committee
----------------------------------------------------------------
The U.S. Trustee for Region 2 appointed five creditors of Filmed
Entertainment Inc. to serve on the official committee of unsecured
creditors:

     (1) Pension Benefit Guaranty Corporation
         1200 K Street, N.W.
         Washington, DC 20005-4026
         Tel. (202) 326-4000 ext. 4907
         Attn.: Michael Strollo, Financial Analyst

     (2) Universal Studios Home Entertainment, LLC
         100 Universal City Plaza 1440/19
         Universal City, CA 91608
         Tel. (818) 777-7601
         Attn.: John Roussey, Vice President - Credit

     (3) Richard C. Wolter
         60 Split Rock Road
         Boonton, NJ 07005
         Tel. (973) 263-3436

     (4) Paramount Home Entertainment, Inc.
         5555 Melrose Avenue
         Hollywood, CA 90038
         Tel. (323) 956-8864
         Attn.: Margie Pacacha, Executive Vice President --
         Business Affairs and Legal for Paramount Pictures

     (5) Equinix, Inc.
         1 Lagoon Drive
         Redwood City, CA 94065
         Tel. (650) 598-6000
         Attn.: Constance O. Geoghan, Sr. Legal Counsel

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

                   About Filmed Entertainment

Filmed Entertainment Inc. owns and operates the "Columbia House DVD
Club," a direct-to-customer distributor of movies and television
series in the United States. FEI conducts its business through
physical catalogues and through the  http://www.columbiahouse.com/
Web site.  FEI was historically active in the musical compact disc
business, but exited the music business in 2010.  Founded in 1955
as a division of CBS Inc. to sell vinyl records and cassette tapes,
FEI is a unit of Pride Tree Holdings, Inc., which acquired FEI in
December 2012.

On Aug. 10, 2015 FEI filed a voluntary petition for relief under
Chapter 11 of the United States Bankruptcy Code (Bankr. S.D.N.Y.
Case No. 15-12244) in Manhattan, New York.  The case is pending
before the Honorable Shelley C. Chapman.

The Debtor tapped Griffin Hamersky P.C. as counsel, and Prime Clerk
LLC as claims and noticing agent.

The Debtor estimated assets of $1 million to $10 million and debt
of $50 million to $100 million.



FOREVERGREEN WORLDWIDE: Reports $1.4 Million Net Loss for Q2
------------------------------------------------------------
Forevergreen Worldwide Corporation filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $1.44 million on $16.07 million of net revenues for the
three months ended June 30, 2015, compared with net income of
$455,000 on $14.1 million of net revenues for the same period a
year ago.

For the six months ended June 30, 2015, the Company reported a net
loss of $1.11 million on $33.3 million of net revenues compared to
net income of $636,000 on $24.7 million of net revenues for the
same period during the prior year.

As of June 30, 2015, the Company had $9.86 million in total assets,
$9.60 million in total liabilities and $264,000 in total
stockholders' equity.

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

                        http://is.gd/BlcxDL

                   About ForeverGreen Worldwide

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

Forevergreen Worldwide reported net income of $1.02 million on
$58.3 million of net total revenues for the year ended Dec. 31,
2014, compared to net income of $117,000 on $17.8 million of net
total revenues in 2013.


FRED FULLER: Proposes Pot Plan; Owner to Retain Control
-------------------------------------------------------
Fred Fuller Oil & Propane Co., Inc., has a reorganization plan that
contemplates that Frederick Fuller will retain ownership of the
company, according to the Disclosure Statement dated July 16,
2015.

Under the Plan, the Debtor, acting by and through the Plan
Administrator, Jeffrey T. Varsalone, in consultation with an
Oversight Committee will pay the dividends due creditors holding
allowed claims through what is sometimes called a Pot Plan.  The
Plan Administrator will pay allowed claims on a Class by Class in a
series of distributions from the Available Funds from time to time
strictly in accordance with the following order of preference and
priority or waterfall: (i) first and second, Classes 1 and 2, the
Non-professional and Professional Administrative Expense Classes,
which are pari passu with respect to each other, (ii) third, Class
3, the Priority Employee Benefit Class, (iii) the Priority Consumer
Deposit Class, (iv) fourth, Class 5, the General Unsecured Claims
Class, (v) fifth, the Subordinated Claims Class, and (vi) the
Equity Interest Class.  No dividends will be paid to any Class
until those due the senior Class have been paid in full.

Within each Class, creditors holding allowed claims will be paid a
pro rata or fractional part of the money available for distribution
to the Class from time to time, the numerator of which will be the
amount of an allowed claim and the denominator of which will be the
total amount of allowed claims in the Class.

To minimize the cost of administering the Plan and provide Plan
Parties with a representative to monitor the implementation of the
Plan, the Plan provides for the appointment of a Plan Administrator
and Oversight Committee.  The entry of the Confirmation Order will
appoint Jeffrey T. Varsalone to serve as the Plan Administrator.

Following Confirmation, the Debtor will be owned by Frederick
Fuller subject to the terms of the Plan, which will be administered
by the Debtor in consultation with the Oversight Committee.

A copy of the Disclosure Statement is available at:

                     http://is.gd/c3gqBT

                       About Fred Fuller Oil

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

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

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

On Feb. 12, 2015, the Office of the United States Trustee appointed
an Official Committee of Unsecured Creditors.  The Committee
selected Brinkman Portillo Ronk, APC, as its counsel with Deming
Law Office acting "of counsel."



FTE NETWORKS: Delays June 30 Form 10-Q Filing
---------------------------------------------
FTE Networks, Inc., filed with the U.S. Securities and Exchange
Commission a Notification of Late Filing on Form 12b-25 with
respect to its quarterly report on Form 10-Q for the quarter ended
June 30, 2015.     

"Due to unforeseeable circumstances which caused a delay in
preparing the financial statements for the period ended June 30,
2015, the Registrant respectfully requests an extension for the
filing of its Quarterly Report on Form 10-Q for the period ended
June 30, 2015," according to the filing.

                     About FTE Networks, Inc.

FTE Networks, formerly known as Beacon Enterprise Solutions Group,
Inc., is a vertically integrated company with an international
footprint.  Since its inception, FTE Networks has steadily
advanced its management, operational and technical capabilities to
become a leading provider of services to the telecommunications
and wireless sector with a focus on turnkey solutions.  FTE
Networks provides a comprehensive array of services centered on
quality, efficiency and customer service.

Beacon Enterprise's balance sheet at June 30, 2012, showed $7.3
million in total assets, $8.8 million in total liabilities, and a
stockholders' deficit of $1.5 million.

For the nine months ended June 30, 2012, the Company incurred a
net loss of $5.9 million, which included a non-cash impairment of
intangible assets of $2.1 million and other non-cash expenses
aggregating $1.9 million.  Cash used in operations amounted to
$1.0 million for the nine months ended June 30, 2012.  As of
June 30, 2012, the Company's accumulated deficit amounted to $42.6
million, with cash and cash equivalents of $75,000 and a working
capital deficit of $4.9 million.  "These conditions raise
substantial doubt about the Company's ability to continue as a
going concern," the Company said in its quarterly report for the
period ended June 30, 2012.


FUENMAYOR & LINDA: Case Summary & 4 Top Unsecured Creditors
-----------------------------------------------------------
Debtor: Fuenmayor & Linda Enterprises, LLC
           dba Ace Flood & Inspections
        4801 Hollywood Blvd, Suite C
        Hollywood, FL 33021

Case No.: 15-25316

Chapter 11 Petition Date: August 25, 2015

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

Judge: Hon. Raymond B Ray

Debtor's Counsel: Julie E Hough, Esq.
                  POLENBERG COOPER, PLLC
                  1351 Sawgrass Corporate Parkway, Suite 101
                  Ft. Lauderdale, FL 33323
                  Tel: 954-742-9995
                  Fax: 954-742-9971
                  Email: jhough@polenbergcooper.com

Total Assets: $38,997

Total Liabilities: $1.47 million

The petition was signed by Ramon Fuenmayor, partner.

A list of the Debtor's four largest unsecured creditors is
available for free at http://bankrupt.com/misc/flsb15-25316.pdf


GREIF INC: Moody's Lowers CFR to Ba2 & Revises Outlook to Negative
------------------------------------------------------------------
Moody's Investors Service downgraded the Corporate Family Rating of
Greif, Inc. to Ba2 from Ba1.  Moody's also revised the ratings
outlook to negative from stable.

Moody's took these rating actions:

Greif, Inc.:

   -- Downgraded Corporate Family Rating to Ba2 from Ba1
   -- Downgraded Probability of Default Rating to Ba2-PD from
      Ba1-PD
   -- Downgraded $250 million 7.75% senior unsecured notes due
      Aug. 2019 to Ba3, LGD5 from Ba2, LGD5
   -- Downgraded $300 million 6.75% senior unsecured notes due
      Feb. 2017 to Ba3, LGD5 from Ba2, LGD5
    -- Affirmed Speculative Grade Liquidity Rating SGL-2

Greif Luxembourg Finance SCA:

   -- Downgraded EUR200 million 7.375% senior unsecured notes due
      July 2021 to Ba3, LGD5 from Ba2, LGD5

The ratings outlook is revised to negative from stable.

RATINGS RATIONALE

The downgrade primarily reflects the deterioration in free cash
flow to debt over the last 12 months, the continued weak EBIT
margin and the challenging operating and competitive environment.
Greif has not met projected expectations and is not expected to
improve metrics to a level commensurate with the Ba1 rating
category over the horizon.  While most of the company's credit
metrics deteriorated over the last 12 months, free cash flow to
debt and the EBIT margin are especially weak for the rating
category.  Leverage and interest coverage remain within the rating
category.  Free cash flow was largely depressed by Greif's failure
to cut the dividend payment as operating results deteriorated.  The
company has been negatively impacted by economic weakness,
operational inefficiencies and competition.  Operating results were
also negatively impacted by restructuring costs, divestitures and
currencies.  Greif was also negatively impacted by a reduction in
shipping related to the decline in oil prices and various onetime
items including the disruption of operations in the company's plant
in Turkey.  While some improvement in operating results is expected
over the next 12 to 18 months as the company benefits from various
completed and ongoing initiatives in its transformation plan, the
improvement is not expected to be sufficient to maintain the Ba1
corporate family rating.

The ratings outlook is revised to negative.  The negative rating
outlook reflects an expectation that Greif will be challenged to
improve its weak free cash flow to debt and EBIT margin to a level
commensurate with the Ba2 rating category over the next 12 to 18
months.  The company's ambitious transformation plan leaves little
room for negative variance and the operating and competitive
environment is expected to remain challenging over the horizon.

The rating could be downgraded if there is a deterioration in
credit metrics or the operating and competitive environment or a
large debt-financed acquisition.  Specifically, the rating could be
downgraded if free cash flow to debt fails to improve to over 7.5%,
the EBIT margin fails to improve to over 11%, debt to EBITDA
increases to over 4.25 times, and/or EBIT to interest remains below
3.5 times.

The rating could be upgraded if the company sustainably improves
credit metrics with the context of a stable operating and
competitive environment.  Specifically, the rating could be
upgraded if Greif improves free cash flow to debt to at least 9%,
the EBIT margin improves to at least 13%, debt to EBITDA remains
below 3.5 times, and/or EBIT to interest improves to at over 3.5
times.

The principal methodology used in these ratings was Global
Packaging Manufacturers: Metal, Glass, and Plastic Containers
published in June 2009.

Greif, Inc., headquartered in Delaware, Ohio, is one of the leading
global industrial packaging products and services companies.  Greif
produces steel, plastic, fiber and corrugated and multi-wall
containers for a wide range of industries.  Greif also provides
services, such as container lifecycle management and blending,
produces containerboard and manages timber properties in North
America.  For the 12 months ended April 30, 2015, the company
generated almost $4.0 billion in revenue.



HD SUPPLY: Enters Into $850 Million New Term Loan Facility
----------------------------------------------------------
HD Supply, Inc., an indirect wholly-owned subsidiary of HD Supply
Holdings, Inc., as borrower; certain of HDS' affiliates, as
guarantors; Bank of America, N.A., as administrative agent; Bank of
America, N.A., as an incremental term loan lender; and the other
lenders, entered into an incremental amendment to the credit
agreement governing HDS' existing term loan credit facility, dated
as of April 12, 2012, as amended.

Pursuant to the Incremental Agreement, HDS requested a borrowing of
a new $850,000,000 tranche of senior secured term loans, the
proceeds of which, together with cash on hand and available
borrowings under HDS's Senior Asset Based Lending Facility, were
used to prepay in full the tranche of senior secured term loans
outstanding under the Existing Term Loan Facility as of the date of
the Incremental Agreement.  The Incremental Term Loan Facility will
mature on Aug. 13, 2021.  The terms of the Incremental Term Loan
Facility are substantially the same as those of the Existing Term
Loan Facility, subject to certain technical amendments and certain
further amendments.

The Incremental Agreement made certain other changes to the terms
of Existing Term Loan Facility, including to permit HDS to pay down
certain existing junior indebtedness with proceeds of asset sales,
including the expected proceeds of the previously announced sale of
the HD Supply Power Solutions business unit to Anixter, Inc.,
pursuant to a Purchase Agreement, dated as of July 15, 2015.

                   Director Paul Edgerley Resigns

On Aug. 14, 2015, in connection with the sale by Bain Capital
Integral Investors 2006, LLC of its remaining stock investment in
HD Supply Holdings, the board of directors of Holdings and HDS
accepted the offer of resignation of Paul B. Edgerley from the
Board, and his related responsibilities on the Nominating and
Corporate Governance and Corporate Development and Finance
Committees.  Effective with the acceptance of Mr. Edgerley's offer
of resignation, the Board appointed Betsy S. Atkins as chairperson
of the Nominating and Corporate Governance Committee and reduced
the size of the Board from ten to nine members.

                         About HD Supply

HD Supply, Inc., headquartered in Atlanta, Georgia, is one of the
largest North American wholesale distributors supporting
residential and non-residential construction and to a lesser
extent electrical consumption and repair and remodeling.  HDS also
provides maintenance, repair and operations services.  Its
businesses are organized around three segments: Infrastructure and
Energy; Maintenance, Repair & Improvement; and, Specialty
Construction.  HDS operates through approximately 800 locations
throughout the U.S. and Canada serving contractors, government
entities, maintenance professionals, home builders and
professional businesses.

As of May 3, 2015, HD Supply had $6.3 billion in total assets, $6.8
billion in total liabilities and a $498 million total stockholders'
deficit.

                           *     *     *

As reported by the TCR on Aug. 5, 2015, Moody's Investors Service
upgraded HD Supply, Inc.'s Corporate Family Rating to B2 from B3
and revised its rating outlook to positive from stable, since key
debt credit metrics are becoming more supportive of higher ratings.
The upgrade of HDS's Corporate Family Rating to B2 from B3 and the
change in rating outlook to positive from stable results from
Moody's expectations for key debt credit metrics becoming more
supportive of higher ratings, due to solid operating performance
and lower levels of balance sheet debt.

The TCR reported in August 2015 that Standard & Poor's Ratings
Services said that it has raised its corporate credit rating on
Atlanta-based industrial distributor HD Supply Inc. to 'B+' from
'B'.  "The upgrade reflects the company's consistently good
operating performance over the past 12 months, which has caused its
leverage to fall below 6x as of May 3, 2015," said Standard &
Poor's credit analyst Svetlana Olsha.


HOUSE OF LIGHTS: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: House of Lights, Inc.
        Adams, Martin & Associates PA, Receiver
        Attn: Craig A. Adams, President
        3801 Barrett Drive, Ste. 201
        Raleigh, NC 27609

Case No.: 15-04608

Chapter 11 Petition Date: August 25, 2015

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

Debtor's Counsel: Richard D Sparkman, Esq.
                  RICHARD D. SPARKMAN & ASSOCIATES, P.A.
                  P.O. Drawer 1687
                  Angier, NC 27501
                  Tel: 919 639-6181
                  Email: rds@sparkmanlaw.com

Total Assets: $1.27 million

Total Liabilities: $1.81 million

The petition was signed by Craig A. Adams, president of Adams,
Martin & Associates PA, receiver.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/nceb15-04608.pdf


IDINER ENTERPRISES: Case Summary & Top Unsecured Creditor
---------------------------------------------------------
Debtor: Idiner Enterprises, LLC
        3215 E. Gage Avenue
        Huntington Park, CA 90255

Case No.: 15-23330

Chapter 11 Petition Date: August 25, 2015

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

Judge: Hon. Julia W. Brand

Debtor's Counsel: Jeffrey V Hernandez, Esq.
                  HERNANDEZ LEGAL GROUP APC
                  1000 E Walnut St Ste 233
                  Pasadena, CA 91106
                  Tel: 626-502-7137
                  Email: jhernandez@hernandezlegalgroup.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Narcisco Sanchez, manager.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/cacb15-23330.pdf


INDUSTRIAS VASSALLO: Bankr. Court Denies USIC's Reconsideration Bid
-------------------------------------------------------------------
Judge Brian K. Tester of the United States Bankruptcy Court for the
District of Puerto Rico denied the motion for reconsideration filed
by United Surety & Indemnity Company.

On January 8, 2010, USIC filed a Motion Requesting Intervention
into Industrias Vassallo, Inc.'s adversary proceeding against the
Puerto Rico Electric Power Authority.  The court granted USIC's
motion on January 26, 2010.

On May 22, 2015, Vassallo filed its motion requesting the voluntary
dismissal of its amended complaint against PREPA.  On the same
date, USIC filed an amended complaint in intervention against
PREPA, but was denied by the court due to Vassallo's request for
voluntary dismissal of the adversary proceeding.

On June 4, 2015, USIC filed a motion for reconsideration of the
order denying its amended complaint in intervention.

Judge Tester held that the bankruptcy court is not the correct
forum for a proceeding between two non-debtor parties which does
not affect the bankruptcy estate.  Judge Tester found that the
bankruptcy court lacks jurisdiction to entertain USIC's complaint
in intervention, given the fact that Vassallo voluntarily dismissed
its complaint against PREPA, along with the fact that USIC's
complaint in intervention against PREPA does not pertain to
Vassallo, nor would USIC's complaint in intervention have any
conceivable effect on Vassallo's bankruptcy estate.

The adversary proceeding is INDUSTRIAS VASSALLO, INC. Plaintiff, v.
PUERTO RICO ELECTRIC POWER AUTHORITY, Defendant, ADVERSARY NO.
09-00258 BKT (Bankr. D.P.R.).

The bankruptcy case is IN RE: INDUSTRIAS VASSALLO, INC., Chapter
11, Debtor, CASE NO. 08-07752 BKT (Bankr. D.P.R.).

A full-text copy of Judge Tester's July 31, 2015 opinion and order
is available at http://is.gd/PSKcY5from Leagle.com.


LIFE CARE: Forbearance and Restructuring Deals with UMB Bank OK'd
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Florida
approved (i) the forbearance and restructuring agreements between
Life Care St. Johns, Inc., and UMB Bank, n.a., the Indenture
Trustee; and (ii) that certain Restructuring Agreement between
Glenmoor and U.S. Bank National Association, in its capacity as
trustee ("the Refund Queue Trustee") under a Refund Queue Claim
Holders' Distribution Trust Agreement dated as of April 1, 2014, by
and between the Refund Queue Trustee, the Committee of Beneficial
Interest Holders appointed pursuant to the Plan.

The Court also ordered that (a) any objections to the relief sought
in the motion that have not been previously resolved are withdrawn,
and all reservations of rights contained therein, are overruled on
the merits; (b) the order will be binding on all
parties-in-interest in the case, including but not limited to the
Florida Office of Insurance Regulation, the Refund Queue Trustee
and the Bond Trustee; (c) during the forbearance period: (i) all
government entities having regulatory authority over the
Reorganized Debtor or its licensure will be enjoined and restrained
from terminating, revoking, suspending or refusing to renew
Reorganized Debtor's license or authority to conduct business as a
continuing care retirement community or taking other enforcement
actions against the Reorganized Debtor as a result of the Specified
Defaults; and (ii) all parties-in-interest will be enjoined and
restrained from taking any actions against the Reorganized Debtor
as a result of the Specified Defaults or its entry into the
Forbearance Agreement or the Restructuring Agreement.

On Feb. 28, 2014, the Court entered its order confirming the
Debtor's Plan of Reorganization.

According to the Debtor, approval of the forbearance agreement and
restructuring agreement is necessary and proper to ensure that the
Reorganized Debtor's operations are not adversely affected during
the affiliation/sales process contemplated by the forbearance
agreement.

UMB Bank serves as the trustee under that certain Bond Trust
Indenture dated as of April 1, 2014, by and between UMB Bank, n.a.
and the St. Johns County Industrial Development Authority (the Bond
Trust Indenture) and as the master trustee (the Master Trustee and
collectively with the Indenture Trustee, the Bond Trustee) under
that certain Master Trust Indenture dated as of April 1, 2014
between UMB Bank, n.a.

                  About Life Care St. Johns, Inc.

Life Care St. Johns, Inc., filed a Chapter 11 petition (Bankr.
M.D. Fla. Case No. 13-04158) on July 3, 2013.  The Debtor is the
owner and operator of a continuing care retirement community known
as Glenmoor consisting of 144 independent living units located on
a 40-acre site in St. Johns County, Florida.

Judge Jerry A. Funk presides over the case.  Richard R. Thames,
Esq., and Eric N. McKay, Esq., at Stutsman Thames & Markey, P.A.,
serves as the Debtor's counsel.  American Legal Claim Services,
LLC, serves as claims and noticing agent.  The Debtor hired
Navigant Capital Advisors, LLC, as financial advisors.  Following
Neil F. Luria's transfer to SOLIC Capital Advisors LLC, the Debtor
replaced Navigant with SOLIC.

The Committee of Creditors Holding Unsecured Claims appointed in
the bankruptcy case of Life Care St. Johns, Inc., is represented
by Akerman Senterfitt's David E. Otero, Esq., and Christian P.
George, Esq., in Jacksonville, Florida.

Bruce Jones signed the petition as CEO.  The Debtor disclosed
$36,308,406 in assets and $117,305,625 in liabilities as of the
Chapter 11 filing.



LOCAL CORP: Gets Final Approval to Use Fast Pay's Cash Collateral
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California
authorized, on a final basis, Local Corporation to use secured
creditor Fast Pay Partners LLC's cash collateral until Sept. 21,
2015.

The Court also authorized the Debtor to make expenditures provided
for in each budget monthly, and if necessary, to exceed the amounts
set forth in each respective budget by as much as 10% of budget
total.

After Sept. 21, 2015, the Debtor may obtain use of any cash
collateral of the lender by filing with the Court and serving on
all parties entitled to such service, a motion for an order
extending, if necessary, authorization for the Debtor to continue
using any cash collateral of the lender, if any.

The lender is granted a replacement lien.

Fast Pay has objected to the motion, stating that the Debtor must
limit its disbursements to the expenditures that it budgeted in
connection with the present motion, absent further order of the
Court.

As reported in the TCR on July 3, 2015, the cash collateral secures
the Debtor's prepetition indebtedness in an amount not to exceed
$1.0 million in aggregate.

                       About Local Corporation

Local Corporation, a publicly traded Delaware corporation (NASDAQ
symbol LOCM), is in the business of providing search results to
consumers who are searching online for local businesses, products
and services.  Founded in 1999, the Irvine, California-based
company went public in 2004 and has been one of the fastest growing
online local media businesses for a number of years, and for the
past four years it has been listed by Deloitte on its Technology
Fast 500.  The Company's search results are provided through the
Company's flagship Local.com Web site and through other proprietary
Web sites, and they are also delivered to a network of over 1,600
other Web sites that rely on search syndication services to provide
local search results to their own users.  The Company generates
revenue from ad units placed alongside its search results, which
include pay-per-click, pay-per-call, and display ad units.

The Company reported a net loss of $5.50 million on $83.1 million
of revenue for the year ended Dec. 31, 2014, compared with a net
loss of $10.4 million on $94.4 million of revenue in the prior
year.  The Company's balance sheet at March 31, 2015, showed
$36.8 million in total assets, $25.7 million in total liabilities,
and stockholders' equity of $11.2 million.

Local Corp. filed a Chapter 11 bankruptcy petition (Bankr. C.D.
Cal. Case No. 15-13153) in Santa Ana, California, on June 23, 2015.
The Debtor disclosed $16,141,222 in assets and $29,519,418 in
liabilities as of the Chapter 11 filing.

The case is assigned to Judge Scott C. Clarkson.  The Debtor tapped
Winthrop Couchot as counsel.

Robins Kaplan LLP represents as counsel to the Official Committee
of Unsecured Creditors.



LOCAL CORP: Wants Deadline Set for Filing Proofs of Claim
---------------------------------------------------------
Local Corporation asks the U.S. Bankruptcy Court for the Central
District of California to set these deadlines in relation to its
cases:

  * General Claims Bar Date:   The date that is the 30th day after

                               service of the Debtor's notice of
                               the bar date in the Debtor's case

  * Govt. Units Bar Date:      The date that is 180 days after the

                               date of the order for relief in     
            
                               the case (July 17, 2015), or as
                               otherwise provided in Rule 3002(c)
                               (1) of the Federal Rules of
                               Bankruptcy Procedure

                       About Local Corporation

Local Corporation, a publicly traded Delaware corporation (NASDAQ
symbol LOCM), is in the business of providing search results to
consumers who are searching online for local businesses, products
and services.  Founded in 1999, the Irvine, California-based
company went public in 2004 and has been one of the fastest growing
online local media businesses for a number of years, and for the
past four years it has been listed by Deloitte on its Technology
Fast 500.  The Company's search results are provided through the
Company's flagship Local.com Web site and through other proprietary
Web sites, and they are also delivered to a network of over 1,600
other Web sites that rely on search syndication services to provide
local search results to their own users.  The Company generates
revenue from ad units placed alongside its search results, which
include pay-per-click, pay-per-call, and display ad units.

The Company reported a net loss of $5.50 million on $83.1 million
of revenue for the year ended Dec. 31, 2014, compared with a net
loss of $10.4 million on $94.4 million of revenue in the prior
year.  The Company's balance sheet at March 31, 2015, showed $36.8
million in total assets, $25.7 million in total liabilities, and
stockholders' equity of $11.2 million.

Local Corp. filed a Chapter 11 bankruptcy petition (Bankr. C.D.
Cal. Case No. 15-13153) in Santa Ana, California, on June 23,
2015.  The Debtor disclosed $16,141,222 in assets and $29,519,418
in liabilities as of the Chapter 11 filing.

The case is assigned to Judge Scott C. Clarkson.  The Debtor tapped
Winthrop Couchot as counsel.

Robins Kaplan LLP represents as counsel to the Official Committee
of Unsecured Creditors.



LOCAL CORP: Winthrop Couchot Okayed as General Insolvency Counsel
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California
authorized Local Corporation to employ Winthrop Couchot
Professional Corporation as general insolvency counsel, nunc pro
tunc to June 23, 2015.

On July 24, 2015, the Debtor filed a supplement to its application
to clarify the information that the Debtor and Winthrop provided in
the application regarding the use of the prepetition retainer that
the Debtor paid to the firm.

As stated in the application, prior to the Petition Date, the firm
received from the Debtor $125,000 as and for the prepetition
retainer.  In February 2015, the firm rendered to the Debtor
legal services in preparation for the commencement of a Chapter 11
case.  The Debtor ultimately determined not to commence a case at
that time.  Nevertheless, the Debtor incurred fees in the amount of
approximately $20,617 and costs in the amount of $226 in connection
with preparing for the anticipated filing.  On March 1, 2015, the
firm drew down on the prepetition retainer for the full amount of
fees and costs incurred.  Accordingly, the amount of
the prepetition retainer balance held in the firm's segregated
client-trust account at the beginning of March 2015, was $104,116.

In June 2015, the Debtor again instructed the firm to prepare for
the filing of a voluntary petition, including finalizing, updating
and preparing emergency "first day" motions necessary to commence
the instant case.  In this regard, the Debtor incurred $48,029 in
fees and $2,358 in costs for a total of $50,388 in prepetition fees
and costs.  The firm drew down the amount from the balance of the
prepetition retainer.  Accordingly, the balance of the prepetition
retainer remaining in trust is $53,767, not $65,000 as stated in
the application.

The firm will maintain in its client trust account the balance of
the prepetition retainer and will disburse funds from the
prepetition retainer only pursuant to the provisions of the
application and the Court's order with respect to the application.

As reported in the Troubled Company Reporter on July 13, 2015,
Winthrop Couchot is expected to:

   (a) advise and assist the Debtor with respect to compliance
       with the requirements of the Office of the U.S. Trustee;

   (b) advise the Debtor regarding matters of bankruptcy law,
       including the rights and remedies of the Debtor in regard
       to its assets and to the claims of its creditors;

   (c) represent the Debtor in any proceedings or hearings in this

       Court and in any proceedings in any other court where the
       Debtor's rights under the Bankruptcy Code may be litigated

       or affected;

   (d) conduct examinations of witnesses, claimants, or adverse
       parties and to prepare, and to assist the Debtor in the
       preparation of, reports, accounts, and pleadings related to
       the Debtor's case;

   (e) advise the Debtor concerning the requirements of the
       Bankruptcy Court, the Federal Rules of Bankruptcy Procedure
       and the Local Bankruptcy Rules;

   (f) file any motions, applications or other pleadings
       appropriate to effectuate the reorganization of the Debtor;

   (g) review claims filed in the Debtor's case, and, if
       appropriate, to prepare and file objections to disputed
       claims;

   (h) assist the Debtor in the negotiation, formulation,
       confirmation, and implementation of a Chapter 11 plan
       including the sale, if any, of its assets;

   (i) take such other action and perform such other services as
       the Debtor may require of the Firm in connection with its
       Chapter 11 cases; and

   (j) address any other bankruptcy-related issues that may arise
       in the Debtor's case.

Winthrop Couchot will be paid at these hourly rates:

       Marc J. Winthrop               $750
       Robert E. Opera                $750
       Sean A. O'Keefe                $750
       Paul J. Couchot                $750
       Richard H. Golubow             $595
       Peter W. Lianides              $595
       Garrick A. Hollander           $595
       Andrew B. Levin                $395
       Jeannie Kim                    $375
       P.J. Marksbury                 $270
       Legal Assistant Associates     $150

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

                       About Local Corporation

Local Corporation, a publicly traded Delaware corporation (NASDAQ
symbol LOCM), is in the business of providing search results to
consumers who are searching online for local businesses, products
and services.  Founded in 1999, the Irvine, California-based
company went public in 2004 and has been one of the fastest growing
online local media businesses for a number of years, and for the
past four years it has been listed by Deloitte on its Technology
Fast 500.  The Company's search results are provided through the
Company's flagship Local.com Web site and through other proprietary
Web sites, and they are also delivered to a network of over 1,600
other Web sites that rely on search syndication services to provide
local search results to their own users.  The Company generates
revenue from ad units placed alongside its search results, which
include pay-per-click, pay-per-call, and display ad units.

The Company reported a net loss of $5.50 million on $83.1 million
of revenue for the year ended Dec. 31, 2014, compared with a net
loss of $10.4 million on $94.4 million of revenue in the prior
year.  The Company's balance sheet at March 31, 2015, showed
$36.8 million in total assets, $25.7 million in total liabilities,
and stockholders' equity of $11.2 million.

Local Corp. filed a Chapter 11 bankruptcy petition (Bankr. C.D.
Cal. Case No. 15-13153) in Santa Ana, California, on June 23,
2015.  The Debtor disclosed $16,141,222 in assets and $29,519,418
in liabilities as of the Chapter 11 filing.

The case is assigned to Judge Scott C. Clarkson.  The Debtor tapped
Winthrop Couchot as counsel.

Robins Kaplan LLP represents as counsel to the Official Committee
of Unsecured Creditors.





LUCA INTERNATIONAL: Meeting of Creditors Set for Sept. 22
---------------------------------------------------------
The meeting of creditors of Luca International Group LLC is set to
be held on Sept. 22, 2015, at 10:00 a.m., according to a filing
with the U.S. Bankruptcy Court for the Southern District of Iexas.

The meeting will be held at Suite 3401, 515 Rusk Avenue, in
Houston, Texas.

The court overseeing the bankruptcy case of a company schedules the
meeting of creditors usually about 30 days after the bankruptcy
petition is filed.  The meeting is called the "341 meeting" after
the section of the Bankruptcy Code that requires it.

A representative of the company is required to appear at the
meeting and answer questions under oath.  The meeting is presided
over by the U.S. trustee, the Justice Department's bankruptcy
watchdog.

                     About Luca International

Luca International Group LLC and Luca Operation, LLC, and their
affiliates are engaged in the exploration and production of natural
gas, petroleum and related hydrocarbons.  The primary assets are
located in Iberville and Ascension Parishes in Louisiana.  These
assets include 3 operating oil and gas wells -- Belle Grove 1,
Dugas & Leblanc 1 and Jumonville 2.  In addition, the assets
include a water disposal well, Acosta 1, and a shut-in-oil and gas
well, Jumonville 1.  The Luca entities also own oil and gas leases
in Texas and working interests in various locations.  The Luca
entities are owned by Bingqing Yang.

Luca International Group and 11 related entities sought Chapter 11
protection (Bankr. S.D. Tex. Lead Case No. 15-34221) in Houston,
Texas, on Aug. 6, 2015.  The cases are assigned to Judge David R
Jones.

The Debtors tapped Hoover Slovacek, LLP, and BMC Group, Inc.

Luca International estimated $50 million to $100 million in assets
and debt.

The petitions were signed by Loretta R. Cross, the CRO.


MALIBU ASSOCIATES: Hires Dore Group to Appraise Golf Club
---------------------------------------------------------
Malibu Associates, LLC seeks authorization from the U.S. Bankruptcy
Court for the Central District of California to employ The Dore
Group as real property appraiser, effective July 21, 2015.

The Debtor requires Dore Group to:

   (a) perform an inspection of the Debtor's principal asset,
       which is commonly known as the Malibu Country Club.  
       The Property is comprised of 648.5 acres and includes an
       18-hole golf course, a club house of approximately 10,000
       square feet, and a maintenance facility of approximately
       4,000 square feet;

   (b) research relevant market data relating to the Property;

   (c) prepare and deliver declarations regarding the value of the

       Property in response to the RFS Motion;

   (d) prepare and deliver a written appraisal report providing a
       valuation of the Property based on all applicable
       approaches and a description of the assumptions and
       methodology utilized by Dore in connection with such
       valuation;

   (e) respond to inquiries from the Debtor and their counsel
       regarding the valuation of the Property, as set forth in
       the written appraisal report or otherwise; and

   (f) provide expert witness and consultation services including,

       but not limited to, providing expert testimony, preparing
       rebuttal reports to opposing experts' reports or testimony,

       and performing additional research and evaluation of the
       Property ("Additional Services").

Dore Group will be paid at these hourly rates:

    Valuation and Consultation (Appraisal Process)

       Principals             $400
       Vice President/
       Senior Management      $300
       Real Estate Advisor/
       Manager                $250
       Analyst/Support        $200

    Deposition and Trial Preparation - Post Appraisal Process
    (the Additional Services)

       Principals             $475
       Vice President/
       Senior Management      $375
       Real Estate Advisor/
       Manager                $250
       Analyst/Support        $200

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

Lance W. Dore, president and CEO of The Dore Group, 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.

Dore Group can be reached at:

       Lance W. Dore
       THE DORE GROUP
       945 Fourth Ave, Suite 310
       San Diego, CA 92101
       Tel: (619) 933-5040
       E-mail: lwdore@thedoregroup.com

                       About Malibu Associates

Headquartered in Malibu, California, Malibu Associates, LLC, owns
the Malibu Golf Club.  The club has a restaurant and clubhouse, in
addition to an 18-hole golf course, on its 650-acre property in
the Santa Monica Mountains.

Malibu Associates sought Chapter 11 protection (Bankr. C.D. Cal.
Case No. 15-10477) in Santa Barbara, California, on March 10,
2015, disclosing $76.2 million in total assets and $47.8 million
in total liabilities.  Thomas Hix, managing member of the Debtor,
signed the bankruptcy petition.

The Debtor owns real property located at 901 Encinal Canyon Road,
Malibu, California.  The property secures a $46.8 million debt to
U.S. Bank, National Association, which is secured by a first deed
of trust on the property.  The Los Angeles County Treasurer and
Tax Collector is also owed $459,800, secured by a tax lien on the
property.

The case is assigned to Judge Deborah J. Saltzman.  David L.
Neale, Esq., at Levene Neale Bender Rankin & Brill LLP, in Los
Angeles, serves as counsel to the Debtor.

The Debtor previously sought bankruptcy protection on Nov. 3, 2009,
in the Central District of California, San Fernando Valley Division
(Case No. No. 9-24625).   That case was assigned to the Honorable
Maureen A. Tighe, but was later dismissed.  The real property in
Malibu was included in the prior filing.


MISSISSIPPI PHOSPHATES: Court OKs Assessment Tech as Consultant
---------------------------------------------------------------
Mississippi Phosphates Corporation and its debtor-affiliates sought
and obtained authorization from the Hon. Katharine M. Samson of the
U.S. Bankruptcy Court for the Southern District of Mississippi to
employ Assessment Technologies, Ltd. as property tax consultants,
nunc pro tunc to July 1, 2015.

The Debtors require Assessment Technologies to:

   (a) review targeted tax assessments on certain property owned
       by the Debtors, including supporting data, calculations and

       assumptions produced by the appropriate appraisal/assessing

       authority, together with information provided by the
       Debtors;

   (b) analyze economic feasibility of attaining a reduced
       assessment/tax;

   (c) represent the Debtors' estates before the appropriate tax
       assessing/collecting and/or court authorities using all
       reasonable, appropriate and available means provided by
       statute or within the Bankruptcy Code to adjust the
       assessment, unclaimed tax or claimed tax amount; and

   (d) utilize any and all local, state or federal remedies
       Assessment Technologies deems necessary and appropriate to
       achieve tax savings, in Assessment Technologies'
       discretion, subject to any required approval of the
       Bankruptcy Court.

In consideration of the services to be performed by the Assessment
Technologies, the Debtors shall pay the following fees for each tax
year:

Tier I - 25% or Tier II - 35% of all Net Tax Savings - Assessment
Technologies will be paid based on the Net Tax Savings for each tax
year in accordance with the Tier definitions defined below. The
term "Net Tax Savings" is defined as the balance of Tax Savings
that remains after deducting for reimbursement of Consultant's
expenses.

Assessment Technologies will be paid at these hourly rates:

       Partners                     $550
       Senior Consultants           $425
       Consultants                  $350
       Professional Staff           $250
       Administrative               $150
       Research Staff               $100

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

John Lammert, vice president of Assessment Technologies, 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.

Assessment Technologies can be reached at:

       John W Lammert
       ASSESSMENT TECHNOLOGIES LTD
       121 Interpark Blvd Ste 308
       San Antonio, TX 78216-1852
       Tel: (210) 222-1221 ext. 4423
       Fax: (210) 222-9519
       E-mail: jlammert@atechltd.com

                    About Mississippi Phosphates

Mississippi Phosphates Corporation is a major United States
producer and marketer of diammonium phosphate ("DAP"), one of the
most common types of phosphate fertilizer.  MPC, which was formed
is a Delaware corporation in October 1990, owns a DAP facility in
Pascagoula, Mississippi, which was acquired from Nu-South, Inc.
in its 1990 bankruptcy.  Phosphate rock, the primary raw material
used in the production of DAP, is being supplied by OCP S.A.,
a corporation owned by the Kingdom of Morocco.

The parent, Phosphate Holdings, Inc., was formed in December 2004
in connection with the bankruptcy reorganization of MPC and its
then-parent Mississippi Chemical Corporation, the first fertilizer
cooperative in the United States.

As of Oct. 27, 2014, MPC has a work force of 250 employees, broken
into 224 regular employees and 26 "nested" third-party contract
employees.

MPC and its subsidiaries, namely Ammonia Tank Subsidiary, Inc.,
and Sulfuric Acid Tanks Subsidiary, Inc., sought Chapter 11
bankruptcy protection (Bankr. S.D. Miss. Lead Case No. 14-51667)
on Oct. 27, 2014.  Judge Katharine M. Samson is assigned to the
cases.

Mississippi Phosphates disclosed $98.8 million in assets and $141
million plus an unknown amount in liabilities.  Affiliates Ammonia
Tank and Sulfuric Acid Tanks each estimated $1 million to $10
million in both assets and liabilities.

The Debtors have tapped Stephen W. Rosenblatt, Esq., at Butler Snow
LLP as counsel.  The official committee of unsecured creditors
tapped Burr & Forman LLP as its counsel.


MOBIVITY HOLDINGS: Amends 26.6 Million Shares Resale Prospectus
---------------------------------------------------------------
Mobivity Holdings Corp. filed a second amendment to its
registration statement on Form S-1 with the Securities and Exchange
Commission relating to shares of common stock of the Company that
may be offered for sale for the account of certain selling
stockholders.  The selling stockholders may offer and sell from
time to time up to 26,651,321 shares of the Company's common stock,
which amount includes 8,551,168 shares to be issued to the selling
stockholders only if and when they exercise warrants held by them.

The Company has amended the Registration Statement to delay its
effective date.

The shares owned by the selling stockholders may be sold in the
over-the-counter market, or otherwise, at prices and terms then
prevailing or at prices related to the then-current market price,
or in negotiated transactions.  Although the Company will incur
expenses in connection with the registration of the common stock,
the Company will not receive any of the proceeds from the sale of
the shares of common stock by the selling stockholders.  The
Company will receive gross proceeds of up to $10,217,433 from the
exercise of the warrants, if and when they are exercised.

The Company's common stock is quoted on the OTC Markets under the
symbol "MFON".  The last reported sale price of the Company's
common stock as reported by the OTC Markets on Aug. 21, 2015, was
$0.80 per share.

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

                         http://is.gd/LjfPwN

Mobivity Holdings separately filed a post-effective amendment No. 1
to withdraw and remove from registration the unsold shares of the
Company's common stock, par value $0.001 per share, pursuant to the
Registration Statement on Form S-1, SEC File No. 333-196084, filed
with the Securities and Exchange Commission on
May 19, 2014, and declared effective on July 30, 2014, pertaining
to the registration of a secondary offering of 23,577,949 shares of
Common Stock, of which 21,972,011 shares of Common Stock are unsold
as of Aug. 24, 2015.

The Company also filed a post-effective amendment No. 1 to withdraw
and remove from registration the unsold shares of the Company's
common stock, par value $0.001 per share, pursuant to the
Registration Statement on Form S-1, SEC File No. 333-190692, filed
with the Securities and Exchange Commission on Aug. 16, 2013, and
declared effective on Aug. 29, 2013, pertaining to the registration
of a secondary offering of approximately 15,884,973 shares of
Common Stock, of which 13,850,034 shares of Common Stock  are
unsold as of Aug. 24, 2015.

                       About Mobivity Holdings

Mobivity Holdings Corp. was incorporated as Ares Ventures
Corporation in Nevada in 2008.  On Nov. 2, 2010, the Company
acquired CommerceTel, Inc., which was wholly-owned by CommerceTel
Canada Corporation, in a reverse merger.  Pursuant to the Merger,
all of the issued and outstanding shares of CommerceTel, Inc.,
common stock were converted, at an exchange ratio of 0.7268-for-1,
into an aggregate of 10,000,000 shares of the Company's common
stock, and CommerceTel, Inc., became a wholly owned subsidiary of
the Company.  In connection with the Merger, the Company changed
its corporate name to CommerceTel Corporation on Oct. 5, 2010.
In connection with the Company's acquisition of assets from
Mobivity, LLC, the Company changed its corporate name to Mobivity
Holdings Corp. and its operating company to Mobivity, Inc, on
Aug. 23, 2012.

Mobivity Holdings reported a net loss of $10.4 million in 2014, a
net loss of $16.8 million in 2013, a net loss of $7.33 million in
2012, and a net loss of $16.3 million in 2011.

As of June 30, 2015, the Company had $8 million in total assets,
$1.7 million in total liabilities and $6.3 million in total
stockholders' equity.


NAKED BRAND: Haute Hippie CEO Joins Board of Directors
------------------------------------------------------
Naked Brand Group Inc. announced that apparel industry leader Jesse
Cole has joined the Naked Board of Directors.  Jesse Cole is an
accomplished financier and CEO of popular women's contemporary
brand Haute Hippie.  Started by Trish Wescoat Pound, Haute Hippie
offers an eclectic, yet luxuriously chic collection of rock 'n'
roll and bohemian fashion sold globally with over 350 points of
distribution in the US including Nordstrom, Neiman Marcus and Saks
Fifth Ave.

"We're thrilled to have Jesse Cole join Naked's Board of Directors.
He has been instrumental in building Haute Hippie into one of the
most dynamic contemporary women's fashion brands and we are
confident his experience, creativity and network of relationships
will be of great value to the Naked brand," said Carole Hochman,
chief executive officer, chief creative officer and chairwoman of
Naked.

Prior to joining Haute Hippie as CEO in 2012, Cole was founder and
chief operator of Schonfeld IBS, a financial services company.
Schonfeld IBS grew into a multi-million dollar business.  Cole then
joined Merlin Institutional where he developed the institutional
research sales and trading division as a senior partner.  Mr. Cole
also serves as a member of the Board of Directors for the Ronald
McDonald House.

"I have been following Naked since Carole Hochman joined the brand
last year," said Cole.  "Carole and Founder Joel Primus have
created incredible product and a powerful brand that serves an
immediate need in the market today for both men and women.  With
their leadership, product and momentum, I believe Naked is now
positioned to grow to become an industry leader.  I am looking
forward to bringing my expertise in fundraising, brand strategy and
overall industry experience to the team."

Jesse Cole takes the place of Chris Heyn, who will remain on
Naked's Advisory Board.

In connection with Mr. Cole's appointment to the Board, the Company
agreed to issue him stock options to purchase 37,500 shares of the
Company's common stock, exercisable at $4.40 per share, for a
period of 10 years, vesting over a period of three years, on terms
and conditions as set out in our 2014 Long Term Incentive Plan and
a stock option agreement to be entered into between the Company and
Mr. Cole.

                   Executive Employment Agreement

On Aug. 18, 2015, Naked Brand entered into an employment agreement
with Joel Primus, the Company's president and a member of the Board
of Directors of the Company.

The Employment Agreement provides for an initial term of one year,
which may be extended for additional one-year periods upon the
expiration of the then-current term with the mutual agreement in
writing of the Company and Mr. Primus no later than 90 days in
advance of the expiration of the then-current term.

As compensation for his services to the Company, the Employment
Agreement provides that the Company will pay Mr. Primus a base
salary of $164,000 per year.  In addition, Mr. Primus will be
eligible to receive an annual cash bonus for each whole or partial
year during the term of his employment, payable based on the
achievement of one or more performance goals established annually
by the Company's Board of Directors in consultation with Mr. Primus
or as otherwise determined by the Board of Directors in its
discretion.  The annual bonus, if any, will be paid in a lump sum
cash payment as soon as reasonably practicable following the end of
the calendar year to which the bonus relates, but no later than
March 15 of the following year.  Mr. Primus was also granted stock
options to purchase 299,899 shares of the Company's common stock,
with each option exercisable at $4.40 per share and vesting as to
25% immediately on the date of grant and the remaining 75% in equal
monthly installments over a period of three years from the date of
grant.  The options were granted on Aug. 18, 2015.  Mr. Primus will
also be entitled to receive full family health, dental, vision,
major medical and disability insurance coverage through a provider
of the his choosing, without deductible and such other benefits in
such amounts as determined by the Board of Directors from time to
time.

The Employment Agreement provides that, for so long as Mr. Primus
remains President of the Company, he will be nominated by the
Company for election to the Board of Directors or appointed to the
Board of Directors.

The Employment Agreement provides that if Mr. Primus's employment
is terminated for any reason he will be entitled to all earned but
unpaid base salary and bonus, accrued vacation, vested benefits or
compensation, indemnification rights he would otherwise be entitled
to, and any incurred but unreimbursed expenses.  In addition, the
Employment Agreement provides that the Company will pay for all
costs associated with his relocation back to Vancouver, British
Columbia in the event he is terminated.

                         About Naked Brand

Naked Brand Group Inc. designs, manufactures, and sells men's
innerwear and lounge apparel products in the United States and
Canada.  It offers various innerwear products, including trunks,
briefs, boxer briefs, undershirts, T-shirts, and lounge pants
under the Naked brand, as well as under the NKD sub-brand for men.
The company sells its products to consumers and retailers through
wholesale relationships and direct-to-consumer channel, which
consists of an online e-commerce store, thenakedshop.com.  Naked
Brand Group Inc. is based in New York, New York.

Naked Brand reported a net loss of $21.07 million for the year
ended Jan. 31, 2015, compared to a net loss of $4.23 million for
the year ended Jan. 31, 2014.

As of April 30, 2015, the Company had $1.70 million in total
assets, $1.30 million in total liabilities and $436,000 in total
stockholders' equity.

BDO USA, LLP, in New York, NY, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Jan. 31, 2015, citing that the Company incurred a net loss of
$21,078,265 for the year ended Jan. 31, 2015, had a capital deficit
of $2,224,180 at Jan. 31, 2015, and the Company expects to incur
further losses in the development of its business.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern.


NEPHROS INC: Appoints Moshe Pinto as Director
---------------------------------------------
The Board of Directors of Nephros, Inc. has appointed Moshe Pinto,
to its Board of Directors on Aug. 14, 2015.

Mr. Pinto was recently the CEO of Home Dialysis Plus, now Outset
Medical, Inc., a Warburg Pincus backed company dedicated to the
development and commercialization of a new hemodialysis system,
providing an improved experience for patients.  Previously, from
2007 through 2010, he was the CEO of Spiracur, Inc., a developer of
innovative wound healing technologies that Mr. Pinto co-founded out
of the Stanford University Biodesign Innovation Program.  Mr. Pinto
also worked for Herzog, Fox & Neeman, a law firm based in Israel.
He currently serves on the Board of Directors of Spiracur Inc.  Mr.
Pinto received an MBA from Stanford University, an LLM from
Universita di Bologna, an EMLE from the University of Hamburg, and
an LLB in Law from Tel Aviv University.

"We are very excited to have Moshe join our Board," said Daron
Evans, CEO of Nephros.  "Moshe's hands-on expertise in dialysis
equipment development and dialysis economics provides Nephros with
an invaluable resource in our efforts to increase adoption of our
dialysis ultrafilters and to expand the commercial evaluation of
our hemodiafiltration system."

"The dialysis industry is a unique marketplace whose significant
scale and market dynamics provide opportunities for innovative
products," said Mr. Pinto.  "I look forward helping Nephros achieve
its potential to help both patients and service providers."

                           About Nephros

River Edge, N.J.-based Nephros, Inc., is a commercial stage
medical device company that develops and sells high performance
liquid purification filters.  Its filters, which it calls
ultrafilters, are primarily used in dialysis centers and
healthcare facilities for the production of ultrapure water and
bicarbonate.

Nephros reported a net loss of $7.37 million on $1.74 million of
total net revenues for the year ended Dec. 31, 2014, compared to
net income of $1.32 million on $1.74 million of total net revenues
for the year ended Dec. 31, 2013.

As of June 30, 2015, the Company had $3.4 million in total assets,
$9.3 million in total liabilities and a stockholders' deficit of
$5.9 million.

Withum Smith+Brown PC, in Morristown, New Jersey, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing that the Company has incurred
negative cash flow from operations and recurring net losses since
inception.  These conditions, among others, raise substantial doubt
about its ability to continue as a going concern.


NEPHROS INC: FDA to Verify Implementation of Corrective Actions
---------------------------------------------------------------
Nephros, Inc. disclosed that on Aug. 12, 2015, it received a
subsequent letter from the the U.S. Food and Drug Administration
noting that FDA has received the Company's response correspondence
to the Warning Letter detailing the Company's completed corrective
actions.  The corrective actions included revisions to the
Company's standard operating procedures relating to purchasing and
supplier controls, adverse event reporting, and complaint handling
and monitoring.  The Subsequent Letter also noted that the FDA will
verify the Company's implementation of corrective measures at its
next inspection of the Company's facility.

As previously disclosed, on May 27, 2015, Nephros received a
warning letter from the U.S. Food and Drug Administration resulting
from inspections of the Company's facility in River Edge, New
Jersey by the FDA's New Jersey District Office that occurred in
October 2014.  Subsequent to that date, the Company responded to
the Warning Letter and has been working to resolve the issues
raised by the FDA.

Neither the Warning Letter nor the Subsequent Letter restrict the
manufacture, production or shipment of any of the Company's
products, nor require the withdrawal of any product from the
marketplace.  However, failure to promptly address the issues
raised in the Warning Letter to the FDA's satisfaction or to comply
with U.S. medical device regulatory requirements in general could
result in regulatory action being initiated by the FDA. These
actions could include, among other things, delays in approval of
any FDA applications, product seizures, injunctions and civil
monetary penalties.  Any such actions could disrupt the Company's
ongoing business and operations and potentially have a material
adverse impact on its financial condition and operating results.

                           About Nephros

River Edge, N.J.-based Nephros, Inc., is a commercial stage
medical device company that develops and sells high performance
liquid purification filters.  Its filters, which it calls
ultrafilters, are primarily used in dialysis centers and
healthcare facilities for the production of ultrapure water and
bicarbonate.

Nephros reported a net loss of $7.37 million on $1.74 million of
total net revenues for the year ended Dec. 31, 2014, compared to
net income of $1.32 million on $1.74 million of total net revenues
for the year ended Dec. 31, 2013.

As of June 30, 2015, the Company had $3.4 million in total assets,
$9.3 million in total liabilities and a stockholders' deficit of
$5.9 million.

Withum Smith+Brown PC, in Morristown, New Jersey, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing that the Company has incurred
negative cash flow from operations and recurring net losses since
inception.  These conditions, among others, raise substantial doubt
about its ability to continue as a going concern.


NET ELEMENT: Units Complete Acquisition of PayOnline
----------------------------------------------------
Maglenta Enterprises Inc. and Champfremont Holding Ltd. formally
completed the transfer to TOT Group Europe, Ltd. and ТOT Group
Russia LLC, each a subsidiary of Net Element, Inc., of all of the
issued and outstanding equity interests of PayOnline System LLC,
Innovative Payment Technologies LLC, Polimore Capital Limited and
Brosword Holding Limited pursuant to the Acquisition Agreement
among the Purchasers and the Sellers.  PayOnline's business
includes the operation of a protected payment processing system to
accept bank card payments for goods and services.

The consideration for all of the equity interests of PayOnline is a
combination of cash and restricted shares, payable in five
installments and, if applicable, the extra payment.

The Company guaranteed the Purchasers' payment obligations under
the Agreement pursuant to the Guaranty with the Sellers dated as of
May 20, 2015.  Lacerta Management Ltd guaranteed to the Purchasers
the accuracy of the Sellers' and Payonline's representations and
warranties.

As previously reported in the Current Report on Form 8-K filed with
the Commission on May 27, 2015, on May 27, 2015, the Company issued
to the Sellers 4,768,212 shares of restricted common stock at the
price of $0.755 per shares as part of the first installment payment
under the Agreement.  Those shares of restricted common stock of
the Company were issued to the Sellers in reliance upon Section
4(a)(2) of the Securities Act exemption from the registration
requirements under the Securities Act.

                         About Net Element

Miami, Fla.-based Net Element International, Inc., formerly Net
Element, Inc., currently operates several online media Web sites
in the film, auto racing and emerging music talent markets.

Net Element reported a net loss of $10.18 million on $21.2
million of net revenues for the 12 months ended Dec. 31, 2014,
compared to a net loss of $48.3 million on $18.7 million of net
revenues for the 12 months ended Dec. 31, 2013.

As of June 30, 2015, the Company had $25.8 million in total assets,
$14.5 million in total liabilities, and total stockholders' equity
of $11.2 million.

BDO USA, LLP, in Miami, Florida, issued a "going concern"
qualification in its report on the consolidated financial
statements for the year ended Dec. 31, 2014.  The accounting firm
said that the Company has suffered recurring losses from operations
and has used substantial amounts of cash to fund its operating
activities that raise substantial doubt about its ability to
continue as a going concern.


NIRVANA INC: Lowenstein Not Representing Investor Group
-------------------------------------------------------
Sharon L. Levine, a partner at Lowenstein Sandler LLP, filed a
supplemental declaration of counsel in support of the application
for an order approving the retention of Lowenstein as counsel to
the Official Committee of Unsecured Creditors in the Chapter 11
cases of Nirvana, Inc., et al.

According to Ms. Levine, Lowenstein is not currently representing
and will not represent the investor group in connection with the
Debtors or their chapter 11 cases.

Lowenstein maintains offices, among other places, at 65 Livingston
Avenue, Roseland, New Jersey and 1251 Avenue of the Americas, New
York City.

                         About Nirvana Inc.

Nirvana Inc. is a manufacturer and bottler of spring water that is
captured from four natural springs on 1,600 acres of
property located in the foothills of the Adirondack Mountains at
Forestport, New York. Nirvana says its water is exceptionally pure
and flows naturally to the surface at a temperature of 42 degrees
Fahrenheit.  

Nirvana is a closely-held New York corporation with a
principal office located at One Nirvana Plaza, Forestport, New
York. Nirvana was formed on June 2, 1995 by Mozafar Rafizadeh and
his brother, Mansur Rafizadeh.  

Nirvana, Inc., and three affiliates -- Nirvana Transport,
Inc., Nirvana Warehousing, Inc. and Millers Wood Development
Corp. -- sought Chapter 11 bankruptcy protection (Bankr. N.D.N.Y.
Lead Case No. 15-60823) in Utica, New York, on June 3, 2015. The
cases are assigned to Judge Diane Davis.  

According to the docket, the Debtors' Chapter 11 plan
and disclosure statement are due Oct. 1, 2015. The deadline
for filing claims by governmental units is Nov. 30, 2015.  

The Debtors tapped Bond, Schoeneck & King, PLLC, as
general counsel, and Teitelbaum & Baskin, LLC, as special
counsel.



NRAD MEDICAL: U.S. Trustee Appoints Creditors' Committee
--------------------------------------------------------
The U.S. trustee overseeing the Chapter 11 case of NRAD Medical
Associates P.C. appointed five creditors to serve on the official
committee of unsecured creditors:

     (1) David Kaplan, M.D.
         14 Split Rock Lane
         Syosset, NY 11791

     (2) Henry Schein
         135 Duryea Road
         Melville, NY 11747


     (3) Julian Safir, M.D.
         37 Clocktower Lane
         Old Westbury, NY 11568

     (4) Nuclear Diagnostic Prod
         101 Roundhill Drive
         Rockaway, NJ 07866

     (5) 415 Northern Blvd. Realty
         239 Great Neck Road
         Great Neck, NY 11021

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

                         About NRAD Medical

NRAD Medical Associates, P.C., operated a regional radiology
imaging medical practice and a regional radiation therapy practice
with 16 locations throughout Long Island and Queens, New York,
before selling its assets in June 2015.

NRAD Medical sought Chapter 11 bankruptcy protection (Bankr.
E.D.N.Y. Case No. 15-72898) in Central Islip, New York, on July 7,
2015.  The case is assigned to Judge Louis A. Scarcella.

The Debtor estimated assets and liabilities of $10 million to $50
million.

The Debtor is represented by Anthony C Acampora, Esq., at Silverman
Acampora LLP, in Jericho, New York.

According to the docket, the Debtor's Chapter 11 plan and
disclosure statement are due Nov. 4, 2015.


NYDJ APPAREL: Moody's Changes PDR to Caa1-PD/LD; Outlook Stable
---------------------------------------------------------------
Moody's Investors Service changed NYDJ Apparel LLC's Probability of
Default Rating ("PDR") to Caa1-PD/LD from Caa1-PD following the
recent discounted purchase of the entire $50 million second lien
term loan by the company's private equity sponsors.  The sponsors
subsequently contributed $12.5 million of the loan to the company
as a noncash equity injection.  Moody's believes the company
extinguished the contributed loan to avoid a covenant violation on
the first lien facilities in Q2 2015.  The /LD designation reflects
Moody's view that the recent debt repurchase constitute as a
distressed exchange under Moody's definition of default. Moody's
definition of default is intended to capture events whereby issuers
fail to meet debt service obligations outlined in their original
debt agreements.  Moody's will remove the /LD designation from the
PDR in three days.  These transactions do not constitute an event
of default under any of the company's debt agreements.  Moody's
considers the transactions to be a net positive for NYDJ's credit
profile because they reduce debt and cash interest.  Moody's is
nevertheless affirming the company's Caa1 Corporate Family Rating
because the reductions are modest in size.

Moody's changed the rating outlook to stable from negative,
reflecting the recent stabilization in NYDJ's operating performance
(1H'2015 revenue grew in the mid-single digits and management
EBITDA declined in the low-single-digits), the reduction in debt,
and the equity sponsors' willingness to take steps that help the
company meet its financial maintenance covenants.  The company
reported increases in wholesale denim shipments and significant
growth in its sportswear business.  While these developments are
positive, Moody's expects debt/EBITDA to remain high and liquidity
to remain weak over the next 12-18 months as a result of
contractual covenant tightening and limited free cash flow
generation.

Moody's took these rating actions on NYDJ Apparel, LLC:

  Corporate Family Rating, affirmed at Caa1
  Probability of Default Rating, changed to Caa1-PD/LD from
   Caa1-PD
  $12.5 million secured revolver expiring 2019, affirmed at
   B3 (LGD3)
  $150 million first lien secured term loan due 2020, affirmed at
   B3 (LGD3)

Outlook, revised to stable from negative

RATINGS RATIONALE

The Caa1 Corporate Family Rating primarily reflects the company's
high leverage near 6 times, weak liquidity, limited scale, short
operating track record, significant customer concentration, and
product concentration in a highly competitive and fashion-sensitive
category.  Following stabilization in 1H 2015, Moody's expects
NYDJ's earnings to start recovering in the next several quarters,
as consumer demand for denim bottoms out, denim clearance sales are
completed, the company introduces new denim styles and grows its
sportswear business.  Nevertheless, Moody's anticipates leverage to
remain high and covenant cushion very tight in the near term as a
result of contractual tightening.  The ratings could be upgraded if
the company demonstrates sustained revenue and earnings growth and
maintains debt/EBITDA below 6.5 times.  An upgrade would also
require an improved liquidity profile, including good covenant
cushion.  Moody's projects modestly positive free cash flow and
limited reliance on the revolver.  The rating also considers NYDJ's
strong management team and still good EBITA margins.

The stable rating outlook reflects Moody's expectation that NYDJ's
earnings will improve and free cash flow will be modestly positive
over the next 12-18 months.

The ratings could be downgraded if liquidity or free cash flow
weakens, or if earnings continue to deteriorate.

The ratings could be upgraded if the company demonstrates sustained
revenue and earnings growth and maintains debt/EBITDA below 6.5
times.  An upgrade would also require an improved liquidity
profile, including good covenant cushion.

NYDJ Apparel, LLC designs and markets apparel for women under the
"NYDJ" brand.  The company's products, which include predominantly
denim bottoms, are sold through department stores, specialty
boutiques, off-price retailers, outlets and on its e-commerce
website.  Net revenues for the twelve months ended June 30, 2015
were approximately $170 million.  NYDJ has been majority-owned by
Crestview Partners since January 2014.

The principal methodology used in these ratings was Global Apparel
Companies published in May 2013.



OAKFABCO INC: Directors Consent to Voluntary Ch. 11 Filing
----------------------------------------------------------
The members of the board of directors of Oakfabco, Inc., notified
the U.S. Bankruptcy Court for the Northern District of Illinois,
Eastern Division, that they consent to the voluntary Chapter 11
filing of the company for the company to use its remaining
insurance assets to resolve all existing asbestos-related personal
injury and wrongful death claims.

The Corporation in the past has been named, and in the future is
expected to be named, as a defendant, third-party defendant, or
cross-defendant in lawsuits involving bodily injuries, illnesses,
ailments, diseases, and/or death resulting therefrom, which are
alleged to result from exposure to asbestos or asbestos-containing
products or material allegedly manufactured, made, sold,
distributed, installed, handled, or used by the Corporation.

The Corporation estimates that more than 34,000 asbestos-related
personal injury and wrongful death claims were pending against it
as of June 30, 2015, in jurisdictions across the United States.

                       About Oakfabco, Inc.

Oakfabco, Inc, formerly known as Kewanee Boiler Corporation, has
not manufactured boilers since 1988 when it sold its Kewanee boiler
business in an 11 U.S.C. Section 363 sale to Coppus Engineering
Corporation.  In early 2009, it sold all of its remaining assets.
The Debtor has no employees, and, Frederick W. Stein is the
Debtor's sole officer and director.  The Debtor's sole remaining
asset is its insurance, and it has no known liabilities other than
asbestos claims.

In January 1970, Kewanee Boiler Corp, then a newly-formed Illinois
Corporation, acquired the assets and debt of American Standard,
Inc.'s commercial boiler manufacturing division known as "Kewanee
Boiler."  The boilers manufactured and sold by Kewanee Boiler were
insulated with asbestos.

Oakfabco sought Chapter 11 protection (Bankr. N.D. Ill. Case No.
16-27062) on Aug. 7, 2015, to resolve its remaining asbestos
claims.  Reed Smith LLP serves as counsel to the Debtor.

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


OFFSHORE DRILLING: Fitch Cuts Issuer Default Ratings to 'B+'
------------------------------------------------------------
Fitch Ratings has downgraded Offshore Drilling Holding, S.A.'s
(ODH) foreign and local currency Issuer Default Ratings (IDRs) to
'B+' from 'BB-' and placed the ratings on Negative Rating Watch.
Fitch has also downgraded the company's USD950 million of senior
secured notes due 2020 to 'BB-'from 'BB'.

Fitch is assigning an 'RR3' Recovery Rating to the international
notes. The 'RR3' for the outstanding company's senior secured notes
reflects a good expected recovery given default.

KEY RATING DRIVERS

Fitch's rating actions reflect the heightened exposure of the
company to contract roll-over risk and pricing risk as a result of
current depressed market conditions. The Negative Watch reflects
the possibility that a prolonged oil price drop will compound the
effects of the offshore rig oversupply cycle, resulting in weaker
than previously expected market dayrates. If the amendments to the
contracts contemplating a minimum dayrate for future extensions are
not executed, it would expose the company to re-chartering the rigs
based on current declining day rates in a highly competitive
environment, resulting in a weaker leverage profile. The Negative
Watch also considers Fitch's concerns regarding the extension of
the contract for Centenario beyond December 2015. While the company
has indicated that it has reached an agreement with Petroleos
Mexicanos SA (Pemex, IDR 'BBB') for the extension of the contract
until December 2016, the amendment has not been executed, adding to
the risk that cashflows to the holding company may be disrupted
until the asset is re-contracted.

Ultimately ODH's ratings are supported by the company's solid
commercial relationship with Pemex, the company's moderately high
leverage, and partial structural subordination. The company's
expansion plan is considered aggressive.

SOLID COMMERCIAL RELATIONSHIP WITH STRONG OFFTAKER

ODH's ratings reflect the strong commercial relationship of the
company and its shareholder, Grupo R, with Pemex. ODH and Grupo R,
a privately held conglomerate, provide offshore drilling services,
as well as other energy-related maritime services, to Pemex, its
only customer. ODH currently owns three ultra-deep-water (UDW)
sixth-generation dynamic positioning semisubmersible drilling rigs,
which are contracted with Pemex at dayrates ranging from USD365,000
to USD489,000.

OIL PRICE DROP PRESSURES OFFSHORE MARKET FURTHER

Offshore drillers have been facing softening market conditions due
to lower demand and a significant newbuild backlog. The over 60%
drop in oil prices has compounded the effects of the oversupply
cycle resulting in a decline in market dayrates of roughly 50% from
pre-cycle levels and it has heightened pressure on utilization
rates, decreasing to approximately 74%-80% for UDW assets
worldwide. Fitch continues to believe that medium-term demand will
rebound and absorb the newer high-quality assets which operate more
efficiently. Trough-to-previous peak rig response in the most
recent bear markets shows that the pace of a rig count recovery
depends on the speed and intensity of the price recovery. Strong
players in their local markets with state of the art assets may
have competitive advantages over their international peers.

CONTRACT ROLL-OVER RISK

The company is exposed to contract renewal risk given that the
three UDW drilling rigs have contracts that expire before the
maturity of the notes. The contract for Centenario has recently
been extended until December 2015 at a dayrate of $365,000. The
company has also reached an agreement with Pemex to further extend
the contracts for both rigs until December 2016 in return for
lowering the current day rate for Bicentenario to $365,000. These
agreements also consider the option to include a minimum day rate
for the contracts of $365,000 for future extensions. These
amendments are yet to be signed by Pemex.

Current depressed market conditions have affected UDW rig
utilization rates; a sustained oversupply of assets worldwide may
affect the company's ability to re-contract the assets out of
Mexico. However, the performance and specifications of the rigs and
strong relationship of the company with Pemex make ODH a strong
player in the Mexican drilling market. Pemex may favor continuity
and fostering relationships with its existing drilling providers
under the right conditions, partially mitigating the re-chartering
risk. The rating incorporates Fitch's expectation that Pemex will
re-contract these drilling rigs shortly before the contracts
expire.

EXPOSURE TO MARKET DAY RATES PARTIALLY MITIGATED

While the provision to set a minimum day rate of $365 thousand
expected to be included in the contracts limits the impact of a
further deterioration of the offshore rig market, the amendments
have yet to be signed. Fitch's ratings assume day rates will
recover in the medium term and a provision will be included in the
contracts limiting the downside effect of deteriorating day rates.
If the amendments are not formalized and the dayrates are allowed
to float below the current depressed market day rates, it may have
an impact on the financial profile of the company. The company's
cash flow stability and predictability will benefit if contracts
were to be renewed at fixed day rates for longer periods of time.

PARTIAL STRUCTURAL SUBORDINATION

ODH's senior secured notes are guaranteed by certain restricted
subsidiaries, including the unencumbered subsidiaries that own the
Centenario and Bicentenario drilling rigs. The notes benefit from a
12-month interest reserve account and are currently structurally
subordinated to a project-finance bank loan of approximately USD363
million, related to the financing of La Muralla IV. This bank debt
has certain cash sweep provisions restricting cash flow
distributions to ODH. The bank loan amortizes through 2018 and once
it is repaid, La Muralla IV will become a co-guarantor for the
notes.

MODERATELY HIGH LEVERAGE

ODH's leverage ratio for the last 12 months (LTM) ended March 30,
2015 improved slightly to 3.72x from 3.87x as of the LTM March
2014. ODH's EBITDA as of LTM ended March 2015 amounted to
approximately USD354 million. Going forward, total leverage is
expected to range between 4x and 4.5x, with the exception of years
when the company adds financial debt to fund acquisitions without
reporting a full year of operational revenues for the new assets.
ODH's total debt of USD1.31 billion as of June 30, 2015 was
composed of USD950 million rated bonds due 2020 and the balance
relates to an amortizable bank loan guaranteed by La Muralla IV. In
the medium term ODH expects to initially finance the shallow-water
drilling rigs (jack-ups) on a non-recourse basis through an
unrestricted subsidiary, and once the rigs are contracted, the
company may issue additional debt under the same conditions as the
existing bonds, while the subsidiary could be redefined as a
restricted subsidiary.

AGRRESSIVE SPECULATIVE GROWTH STRATEGY

ODH's ratings incorporate the expectation the company would
continue to add offshore drilling equipment without increasing its
leverage on a sustained basis. Currently the company has
construction orders for five jack-ups, for which it is yet to sign
contracts with Pemex. Two of them, Cantarel I and Cantarel II, are
expected to be delivered by the end of August and will leave the
shipyard for Mexico by the second half of September. The company
expects to sign contracts with Pemex for these two units shortly.
Although the company has operated this way in the past, current
market conditions exacerbate the risk of not getting contracts for
the rigs, adding uncertainty to cash flow generation and high
carrying cost should Pemex not contract the rigs and ODH has to
find alternative markets for the equipment.

RATING SENSITIVITIES

Positive: Future developments that may, individually or
collectively, lead to a positive rating action include:

-- Through-the-cycle consolidated debt/EBITDA decreases below
    3.5x on a sustained basis;

-- The company contracts all its drilling equipment with very
    limited to none out-clauses and with improved fixed day rates
    suggesting strengthening market conditions.

Positive rating actions are unlikely over the short- to medium-term
given the weak offshore market. A formalization of the amendments
to the contracts including the provision to set a minimum day rate,
and the further extensions of the contracts could result in a
revision to the Negative Rating Watch.

Negative: Future developments that may, individually or
collectively, lead to a negative rating action include:

-- Through-the-cycle consolidated debt/EBITDA of 5x or above on a

    sustained basis;

-- Contracts are not rolled over within six months after
    expiration or contracted day rates experience further pressure

    and are significantly lower than current market dayrates as a
    result of not executing the amendments to the contracts to set

    a minimum day rate;

-- The company faces delays of six months or greater contracting
    new equipment after it is delivered;

-- The company fails to execute the amendment for the extension
    of Centenario beyond December 2015.

LIQUIDITY AND DEBT STRUCTURE

ODH's liquidity position is supported by the company's stable and
predictable cash-flow generation coupled with a lengthened debt
maturity profile. ODH's liquidity position is supported by its cash
on hand, which as of June. 30, 2015, was approximately USD194.3
million. The company also had USD106.2 million in restricted cash
investments associated with the required debt service reserve
account for the 2020 notes and the bank loan related to the
financing of La Muralla IV. As of June 2015, the company had no
short-term debt.

RECOVERY ANALYSIS

The ratings of ODH's senior secured notes are notched above ODH's
IDR as a result of the relative recovery prospects in a
hypothetical default scenario under Fitch's 'Recovery Ratings and
Notching Criteria for Non-Financial Corporates Issuers' criteria
report.

Fitch has assigned an 'RR3' rating to ODH's senior unsecured notes.
The 'RR3' rating reflects a one-notch positive differential from
the 'B+' IDR and indicates good recovery prospects given default.
'RR3' rated securities have characteristics consistent with
securities historically recovering 51%-70% of current principal and
related interest.

KEY ASSUMPTIONS

-- Centenario is recontracted at a day rate of $365 thousand
    until December 2017;
-- Bicentenario is recontracted until December 2017 at a rate of
    $365 thousand;
-- La Muralla IV remains contracted at the existing day rate of
    $489 thousand until 2018;
-- After expiration of the contracts for the semisubmersibles
    (2017), market day rates recover;
-- Daily operating expenses for the semisubmersibles of $170
    thousand;
-- Regular maintenance capex of approximately $90 million during
    the next five years;
-- Peak leverage in 2015 with the financing of the additional
    jack-ups with leverage returning to levels below 4.5x for the
    next three years.

FULL LIST OF RATING ACTIONS

Fitch has downgraded ODH's ratings as follows:

-- Foreign and local currency IDRs to 'B+' from 'BB-', placed on
    Negative Watch
-- Senior secured notes to 'BB-' from 'BB', assigned a Recovery
    Rating of 'RR3'.



OZBURN-HESSEY HOLDING: Moody's Raises Corp. Family Rating to 'B1'
-----------------------------------------------------------------
Moody's Investors Service upgraded Ozburn-Hessey Holding Company,
LLC's Corporate Family Rating to B1 from B2 and its Probability of
Default Rating to B1-PD from B2-PD.  The B1 CFR and B1-PD PDR are
on review for further upgrade.  The B1 ratings on the company's
first lien bank debt remain on review for upgrade.  These actions
conclude the review for upgrade initiated on June 16, 2015, upon
the adoption of Moody's updated approach for standard adjustments
for operating leases, which is explained in the cross-sector rating
methodology "Financial Statement Adjustments in the Analysis of
Non-Financial Corporations", published on June 15, 2015.

OHL's ratings remain under review for further upgrade in response
to the Aug. 17, 2015 announcement that OHL entered into an
agreement to be acquired by Geodis, a French-based logistics and
freight-forwarding company.  Geodis generated nearly EUR7 billion
in revenue in 2014 and is 100% owned by SNCF Logistics, a
subsidiary of SNCF Mobilites (rated Aa2), France's national railway
operator.  Once the acquisition closes, all existing debt at
Ozburn-Hessey will be repaid in full, and ratings at OHL would
subsequently be withdrawn.

These ratings were upgraded and remain under review for further
upgrade:

   -- Corporate Family Rating, upgraded to B1 from B2
   -- Probability of Default Rating, upgraded to B1-PD from B2-PD

These ratings remain under review for upgrade:

   -- $50 million First Lien Revolving Credit Facility due 2018,
      currently B1 (LGD 3)
   -- $270 million First Lien Term Loan due 2019, currently
      B1 (LGD 3)

RATINGS RATIONALE

The upgrade of OHL's CFR to B1 reflects the meaningful decline in
Moody's calculation of the company's adjusted total debt following
changes in Moody's approach for capitalizing operating leases.  The
impact of the operating lease change on OHL was significant due to
the company's large number of operating leases related to its
extensive network of warehouses necessary to provide its logistics
services.  OHL's total lease-adjusted debt declined by over $300
million and lease-adjusted debt/EBITDA improved by nearly 2 turns
from 5.2 times to 3.3 times as of the last twelve month period
ended June 30, 2015.  However, changes in the operating lease
methodology approach did not have as significant an impact on OHL's
EBIT/interest coverage which remains at the lower end of the range
for the rating category at 1.4 times. Nonetheless, the company's
meaningful improvement in leverage, coupled with recent strong
revenue and EBITDA growth and good liquidity profile, position the
credit well within the B1 rating category.

OHL's B1 CFR reflects the company's low leverage for the rating
category and recent growth in earnings stemming from additional
work with existing customers, new contract wins, and continued
growth in its e-fulfillment services.  EBITDA growth has reduced
leverage by over half a turn since year-end 2012.  These positive
factors are counterbalanced by exposure to economic cycles, a
smaller revenue scale than some larger global peers and weaker than
average EBIT/interest coverage for the B1 rating level.  OHL
possesses a good liquidity profile characterized by meaningful cash
balances and anticipated positive annual free cash flow generation
over the intermediate term, combined with no meaningful near-term
debt maturities and good headroom under its leverage covenant.  The
rating also acknowledges OHL's long operating history, diverse
service offering and long-term relationships with a
well-established, high quality customer base.  At the same time,
the company is exposed to potential changes in demand due to
overall macroeconomic uncertainty, as its customer base is
comprised of companies in the retail, consumer and electronics
end-markets.  In addition, OHL could face pressure if large retail
customers were to decide to insource their warehousing and
logistics operations in an effort to cut costs.

The principal methodology used in these ratings was Global Surface
Transportation and Logistics Companies published in April 2013.

Ozburn-Hessey Holding Company, LLC, headquartered in Brentwood, TN,
is a provider of third-party logistics and related services,
including warehouse management, freight forwarding, and dedicated
contract carriage.  Ozburn-Hessey is a wholly-owned subsidiary of
OHH Acquisition Corporation, which is controlled by private equity
firm Welsh, Carson, Anderson & Stowe.  Ozburn-Hessey's June 30,
2015 LTM revenues approximated $1.4 billion.



PATRIOT COAL: Plan Confirmation Hearing Slated for September 16
---------------------------------------------------------------
The Hon. Keith L. Philipps of the U.S. Bankruptcy Court for the
Eastern District of Virginia will hold a hearing on Sept. 16, 2015,
at 11:00 a.m. (prevailing Eastern Time) to confirm Patriot Coal
Corporation et al.'s second amended joint Chapter 11 plan of
reorganization.  Objections to the Debtors' plan, if any, are due
Sept. 9, 2015, at 4:00 p.m. (prevailing Eastern Time).

Judge Philipps approved the adequacy of the disclosure statement
explaining the Debtor's Chapter 11 plan on Aug. 20, 2015.

Deadline to vote to accept or reject the Debtors' plan is Sept. 11,
2015.

                        About Patriot Coal

Patriot Coal Corporation is a producer and marketer of coal in the
United States.  Patriot and its subsidiaries control 1.4 billion
tons of proven and probable coal reserves -- including owned and
leased assets in the Central Appalachia basin (in West Virginia
and
Ohio) and Southern Illinois basin (in Kentucky and Illinois) and
their operations consist of eight active mining complexes in West
Virginia.

Patriot Coal first sought Chapter 11 protection on July 9, 2012,
and, on Dec. 18, 2013, won approval of its bankruptcy-exit plan
from the U.S. Bankruptcy Court for the Eastern District of
Missouri.  The plan turned over most of the ownership of the
company to bondholders that include New York hedge fund Knighthead
Capital Management LLC.  The linchpins of the plan were a global
settlement among the Debtors, the United Mine Workers of America,
and two third parties -- Peabody Energy Corporation and Arch Coal,
Inc. -- and a commitment by a consortium of creditors, led by
Knighthead, to backstop two rights offerings that funded the plan.

Patriot Coal and its subsidiaries commenced new Chapter 11 cases
(Bankr. E.D. Va. Lead Case No. 15-32450) in Richmond, Virginia, on
May 12, 2015.  Patriot Coal estimated more than $1 billion in
assets and debt.  The cases are assigned to Judge Keith L.
Phillips.

The Debtors tapped Kirkland & Ellis LLP as counsel; Kutak Rock
L.L.P., as co-counsel; Centerview Partners LLC as investment
bankers; Alvarez & Marsal North America, LLC, as restructuring
advisors; and Prime Clerk LLC, as claims and administrative agent.

The U.S. trustee overseeing the Chapter 11 case of Patriot Coal
appointed seven creditors of the company to serve on the official
committee of unsecured creditors.  The Unsecured Creditors
Committee is represented by Morrison & Foerster LLP's Lorenzo
Marinuzzi, Esq., and Jennifer L. Marines, Esq.; and Tavenner &
Beran, PLC's Lynn L. Tavenner, Esq., and Paula S. Beran, Esq.

The U.S. Trustee also has appointed an Official Retiree Committee,
which is represented by lawyers at Stahl Cowen Crowley Addis LLC.

On June 22, 2015, Joseph Bean, Patriot Coal's senior
vice-president, was designated by the court to perform the duties
imposed upon the company by the Bankruptcy Code.  This designation
will remain in effect during the entire pendency of Patriot Coal's
case until altered by order of the court.

                        *     *     *

According to a report by the Troubled Company Reporter, Patriot
Coal has filed with the Bankruptcy Court a letter of intent for a
proposed sale of a substantial majority of its operating assets to
Blackhawk Mining, LLC, as well as a motion outlining bidding
procedures.  Under the terms of the letter of intent, Blackhawk
would issue to Patriot's secured lenders new debt securities
totaling approximately $643 million plus Class B Units providing
them an ownership stake in Blackhawk.  In addition, Blackhawk would
assume or replace surety bonds supporting reclamation and related
liabilities associated with the purchased assets.

There's a Sept. 4, 2015 deadline to file bids for the Debtors'
assets.  An auction to test bids will take place on Sept. 9, at
10:00 a.m.


PHOTOMEDEX INC: Gets Approval of 2 Class Action Settlements
-----------------------------------------------------------
PhotoMedex, Inc., disclosed in regulatory filing that the proposed
settlements in two class action suits against the Company and its
subsidiaries had been approved by the respective courts with
jurisdiction over those suits.

The Company had been served on Dec. 20, 2013, with a purported
shareholder derivative and class action lawsuit filed in the United
States District Court for the Eastern District of Pennsylvania
against the Company and its two top executives, Dolev Rafaeli,
chief executive officer, and Dennis M. McGrath, president and chief
financial officer.  The action alleged various violations of the
Federal securities laws between Nov. 7, 2012, and Nov. 14, 2013,
including that the Company and its officers made false and
misleading statements or failed to disclose material facts
concerning the Company's business.  The plaintiffs sought class
action status for the suit, as well as an unspecified amount of
monetary damages, pre-and post-judgment interest and attorneys'
fees, expert witness fees and other costs.  A companion action had
also been brought against the Company and its two officers in the
State of Israel, where the Company's shares are traded on the Tel
Aviv Stock Exchange.

The Eastern District Court has entered an order approving the
settlement in this action.  The settlement provides a fund of $1.5
million for the benefit of those persons or entities who purchased
securities issued by the Company during the period Nov. 6, 2012,
and Nov. 5, 2013, inclusive.  The settlement fund will also pay for
plaintiffs' counsel's fees and expenses approved by the Eastern
District Court with respect to the action.  The Company maintains
insurance that will help defray the cost of the proposed
settlement, and does not expect the settlement to have a material
impact on its financial results.

The Company was also a party in the consolidated action In re
LCA-Vision Inc. Shareholder Litigation.  The Company received
notice of this order on March 30, 2015.  The action consolidated
four separate cases that had been filed in the Common Pleas Court
of Hamilton County, Ohio against the Company, its subsidiary
Gatorade Acquisition Corp., LCA-Vision, Inc., LCA's chief executive
officer, Michael J. Celebrezze, and LCA's board of directors over
the proposed acquisition of LCA by the Company.  On May 12, 2014,
the Company acquired LCA, and on Jan. 31, 2015, the Company sold
LCA to Vision Acquisition, LLC.  The action alleged that LCA's
officer and board members breached their fiduciary duty to LCA, and
that the acquisition of LCA by the Company failed to maximize LCA's
stockholder value and deprived LCA's stockholders of the ability to
participate in LCA's long-term prospects.  The suit further alleged
that the Company aided and abetted LCA's officer and directors in
their breaches of fiduciary duties.  Similar suits had also been
filed in the Court of Chancery of the State of Delaware against the
Company and its subsidiary, Gatorade Acquisition Corp.

The Ohio Court has entered an order approving the settlement of all
suits in this action.  Under the settlement, LCA had published
certain additional disclosure statements regarding its acquisition
by the Company and its financial statements prior to its
shareholder vote on the acquisition, which was held on May 12,
2014.  The settlement also provides for the payment of plaintiffs'
counsel's fees and expenses with respect to the action.  The
Company believes that LCA maintains insurance that will help defray
the cost of the proposed settlement; the Company does not expect
the proposed settlement to have a material impact on its financial
results.

                        About PhotoMedex

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

PhotoMedex and its subsidiaries has entered into a second
amended and restated forbearance agreement with the lenders that
are parties to the credit agreement dated May 12, 2014, and with JP
Morgan Chase, as administrative agent for the Lenders pursuant to
which the Lender have agreed to forbear from exercising their
rights and remedies with respect to certain events of default from
Aug. 25, 2014, until April 1, 2016, or earlier if an event of
default occurs, according to a document filed with the Securities
and Exchange Commission in March 2015.

As of June 30, 2015, the Company had $67.7 million in total assets,
$23.9 million in total liabilities and $43.8 million in total
stockholders' equity.

                        Bankruptcy Warning

"If, in the future, PhotoMedex is required to obtain similar
forbearance agreements as a result of our inability to meet the
terms of the credit agreement, there can be no assurance that those
forbearance agreements will be available on commercially reasonable
terms or at all.  If, as or when required, we are unable to repay,
refinance or restructure our indebtedness under those credit
facilities, or amend the covenants contained therein, the lenders
could elect to terminate their commitments under the credit
facilities and institute foreclosure proceedings against our
assets.  Under such circumstances, we could be forced into
bankruptcy or liquidation.  In addition, any additional events of
default or declaration of acceleration under one of those
facilities or the forbearance agreement could also result in an
event of default under one or more of these agreements.  Such a
declaration would have a material adverse impact on our liquidity,
financial position and results of operations," the Company stated
in its 2014 annual report.


PROGRESSIVE CROP: Case Summary & 18 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: Progressive Crop Service, LLC
          dba PCS Paving
          dba PCS Lawncare
        5700 Ashland Rd
        Wooster, OH 44691

Case No.: 15-61783

Chapter 11 Petition Date: August 25, 2015

Court: United States Bankruptcy Court
       Northern District of Ohio (Canton)

Judge: Hon. Russ Kendig

Debtor's Counsel: Edwin H. Breyfogle, Esq.
                  108 Third St NE
                  Massillon, OH 44646
                  Tel: (330)837-9735
                  Fax: (330)837-8922
                  Email: edwinbreyfogle@sssnet.com

Total Assets: $1.04 million

Total Liabilities: $3.60 million

The petition was signed by Craig L. Franks, managing member.

A list of the Debtor's 18 largest unsecured creditors is available
for free at http://bankrupt.com/misc/ohnb15-61783.pdf


PROTOM INTERNATIONAL: Lain Faulkner Approved as Accountants
-----------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas
authorized Protom International, Inc., and Protom International,
LLC, to employ Lain, Faulkner & Co., P.C., as accountants.

The professional services that Lain Faulkner will render include,
but are not limited to, the following:

   (a) preparing the Debtors' schedules of asset and liabilities
and statements of financial affairs;

   (b) providing accounting assistance with monthly operating
reports required by the Debtors;

   (c) testifying at any hearings and/or trials as is determined to
be necessary; and

   (d) performing other accounting and financial consulting
services to the Debtors in connection with the Chapter 11 cases.

Compensation will be payable to Lain Faulkner on an hourly basis,
plus reimbursement of actual, necessary expenses.

The 2015 standard hourly rates for the firm are:

         Category                        Hourly Rate
         --------                        -----------
         Shareholders                   $365 to $450
         CPA/Accounting Professionals   $240 to $340
         IT Professionals                   $250
         Staff Accountants              $150 to $215
         Clerical and Bookkeepers        $80 to $95

The Debtors have paid Lain Faulkner a retainer of $5,000.

Jason Rae attests that Lain Faulkner has not represented any of the
Debtors' creditors, equity security holders, or any other
parties-in-interest, in any matters relating to the Debtors and
their estates.  The Debtors believe that Lain Faulkner is a
"disinterested person" as defined in Sec. 101(14) of the Bankruptcy
Code.

                    About ProTom International

ProTom International Inc. is a medical technology focused on proton
therapy for cancer patients.  The Company and affiliate ProTom
International, LLC, have the exclusive rights to sell in the U.S.
the compact accelerators developed by Russia-based ZAO Protom and
owner Vladimir E. Balakin.  The ZAO system and technology were
lighter and cheaper than proton therapy systems then in operation
in the U.S.  This technology has been the basis on which ProTom has
developed its Radiance 330 Proton Therapy System.

ProTom International, Inc., and ProTom International, LLC, sought
Chapter 11 bankruptcy protection (Bankr. N.D. Tex. Case No.
15-32065 and 15-32066) in Dallas on May 12, 2015.  The cases are
assigned to Judge Barbara J. Houser.

The Debtors tapped Jackson Walker, LLP as counsel, and Lain,
Faulkner & Co., P.C., as accountant.

ProTom Inc. estimated $10 million to $50 million in assets and
debt.  ProTom International Inc., disclosed $1,728,894 in assets
and $22,283,648 in liabilities as of the Chapter 11 filing.



QUALITY DISTRIBUTION: Closes Merger With Gruden
-----------------------------------------------
Quality Distribution, Inc., completed on Aug. 18, 2015, its merger
with Gruden Merger Sub, Inc., a wholly-owned subsidiary of Gruden
Acquisition, Inc. (Parent), pursuant to an Agreement and Plan of
Merger dated May 6, 2015, according to a regulatory filing with
the Securities and Exchange Commission.

As a result of the Merger, a change in control of the Company has
occurred, and the Company is now a wholly-owned subsidiary of
Parent.  The aggregate value of the transaction was approximately
$828 million.  The source of funds for the Merger and related
transaction expenses included cash equity contributions from funds
advised by Partners LLP and borrowings under a new credit
facility.

Each share of the Company's common stock issued and outstanding
immediately prior to the Effective Time was cancelled and
automatically converted into the right to receive $16.00 in cash
without interest and net of any taxes required to be withheld
therefrom.  Holders of the Company's common stock that was issued
and outstanding prior to the Effective Time ceased to have any
rights with respect to those securities nor do they have any
interest in the Company's future earnings or growth.

In connection with the consummation of the Merger, the Company
terminated its Amended and Restated Credit Agreement, dated
Nov. 3, 2014, by and among Quality Distribution, LLC, Bank of
America, N.A., as administrative agent and collateral agent, and
certain lenders, upon payment of the total principal balance of the
loans and advances outstanding under the Existing Credit Agreement,
together with all accrued but unpaid interest and fees, costs,
expenses and other amounts owed thereunder.

The Company notified the NASDAQ stock exchange on Aug. 18, 2015,
that the Merger was consummated, and trading of the Company's
common stock on NASDAQ was suspended.  As a result, NASDAQ Stock
Market LLC filed a delisting application on Form 25 with the
Securities and Exchange Commission to report the delisting of the
Company's common stock from NASDAQ.  The Company intends to file a
certification on Form 15 with the SEC requesting that the Company's
reporting obligations under Sections 13 and 15(d) of the Securities
Exchange Act of 1934, as amended, be suspended.

In connection with the consummation of the Merger, Gary R. Enzor,
Richard B. Marchese, Thomas R. Miklich, Annette M. Sandberg and
Alan H. Schumacher resigned from the Board of Directors of the
Company and all board committees, effective at the Effective Time.

In connection with the consummation of the Merger, Gary R. Enzor,
Ashish Karandikar, Joseph J. Troy, Mitch Truwit and Vivek Vyas were
elected to the Board of Directors of the Company.

                   About Quality Distribution

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

As of June 30, 2015, the Company had $413 million in total assets,
$436 million in total liabilities and a $22.9 million total
shareholders' deficit.

                        Bankruptcy Warning

"We have substantial indebtedness and may not be able to make
required payments on our indebtedness.

We had consolidated indebtedness and capital lease obligations,
including current maturities of $351.3 million, as of December 31,
2014.  We must make regular payments under the ABL Facility,
including the Term Loan, thereunder, and our capital leases and
semi-annual interest payments under our 2018 Notes.

The ABL will mature at the earlier of November 2019 and the date
that is 91 days prior to the maturity of the Company's currently
outstanding 2018 Notes or any replacement notes if the outstanding
amount of such debt is above a certain threshold.  The Term Loan
matures on November 3, 2017 but we are subject to mandatory
prepayment of the principal amount of the Term Loan in equal
quarterly payments beginning as early as November 2015.  The
maturity date of the ABL Facility, including the Term Loan, may be
accelerated if we default on our obligations.  If the maturity of
the ABL Facility and/or such other debt is accelerated, we may not
have sufficient cash on hand to repay the ABL Facility and/or such
other debt or be able to refinance the ABL Facility and/or such
other debt on acceptable terms, or at all.  The failure to repay
or refinance the ABL Facility and/or such other debt at maturity
would have a material adverse effect on our business and financial
condition, would cause substantial liquidity problems and may
result in the bankruptcy of us and/or our subsidiaries.  Any actual
or potential bankruptcy or liquidity crisis may materially harm our
relationships with our customers, suppliers and independent
affiliates," the Company stated in its 2014 annual report.

                           *     *     *

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

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

As reported by the TCR on July 17, 2015, Standard & Poor's Ratings
Services said that it has lowered its corporate credit rating on
Tampa-based transportation and logistics provider Quality
Distribution Inc. to 'B-' from 'B' and removed the ratings from
CreditWatch, where S&P had placed them with negative implications
on May 8, 2015.  "The downgrade reflects Quality Distribution's
higher debt-leverage pro forma for its acquisition by Apax
Partners," said Standard & Poor's credit analyst Michael Durand.


QUICKSILVER RESOURCES: Milbank Files Supplemental 2019 Statement
----------------------------------------------------------------
Milbank, Tweed, Hadley & McCloy LLP filed a supplemental statement
regarding its representation of a group called the Ad Hoc Group of
Second Lienholders.

The New York-based law firm disclosed that as of July 10, it does
not represent any entity other than the group in connection with
the bankruptcy cases of Quicksilver Resources Inc. and its
affiliated debtors.

The members of the group hold economic interests, or act as
investment managers or advisors to funds and accounts that hold
economic interests in relation to the companies, Milbank further
disclosed.  

A list of the members of the Ad Hoc Group of Second Lienholders is
available for free at http://is.gd/uDSHtN

Milbank made the disclosure pursuant to Rule 2019 of the Federal
Rules of Bankruptcy Procedure.

                        About Quicksilver

Quicksilver Resources Inc. (OTCQB: KWKA) is an exploration and
production company engaged in the development and production of
long-lived natural gas and oil properties onshore North America.
Based in Fort Worth, Texas, the company claims to be a leader in
the development and production from unconventional reservoirs
including shale gas, and coal bed methane.  Following more than 30
years of operating as a private company, Quicksilver became public
in 1999.

The Company has U.S. offices in Fort Worth, Texas; Glen Rose,
Texas; Steamboat Springs, Colorado; Craig, Colorado and Cut Bank,
Montana.  The Company's Canadian subsidiary, Quicksilver Resources
Canada Inc., is headquartered in Calgary, Alberta.

Quicksilver Resources Inc. and certain of its affiliates filed
voluntary petitions for relief under Chapter 11 of the Bankruptcy
Code (Bankr. D. Del. Case No. 15-10585) on March 17, 2015.
Quicksilver's Canadian subsidiaries were not included in the
chapter 11 filing.

The Company's legal advisors are Akin Gump Strauss Hauer & Feld LLP
in the U.S. and Bennett Jones in Canada.  Richards Layton & Finger,
P.A., is legal co-counsel in the Chapter 11 cases.  Houlihan Lokey
Capital, Inc. is serving as financial advisor.  Garden City Group
Inc. is the claims and noticing agent.

The Company's balance sheet at Dec. 31, 2014, showed $1.21 billion
in total assets, $2.35 billion in total liabilities and total
stockholders' deficit of $1.14 billion.

The U.S. Trustee for Region 3 appointed five creditors of
Quicksilver Resources Inc. to serve on the official committee of
unsecured creditors.  The Committee is represented by Landis Rath &
Cobb LLP's Richard S. Cobb, Esq., Matthew B. McGuire, Esq., and
Joseph D. Wright, Esq.; and Paul Weiss Rifkind Wharton & Garrison
LLP's Andrew N. Rosenberg, Esq., Elizabeth R. McColm, Esq., and
Adam M. Denhoff, Esq.

                           *     *     *

The Debtors have been given exclusive right to file a bankruptcy
plan through Oct. 13, 2015.


RAZORE ROCK: Delays Filing of Audited Financial Statements
----------------------------------------------------------
Razore Rock Resources Inc. on Aug. 25 disclosed that it will be
late filing its audited financial statements and MD&A for the year
ended April 30, 2015.

Pursuant to National Policy 12-203 Cease Trade Orders for
Continuous Disclosure Defaults the Company advises that it will
therefore be in default of filing its audited financial statements
and MD&A for the year ended April 30, 2015 which were to be filed
on or before August 28, 2015 pursuant to relevant securities laws.

The delay in filing the Finanical Disclosure and the resulting
default are due primarily to a lack of available funding.  The
Company has been trying to raise funding to provide much needed
working capital and to pay the auditor to perform the audit but
have been unable to do so to meet the filing deadline.  The Company
is negotiating a loan from an arm's length party to fund the costs
of the audit and anticipates receiving funds by
August 27, 2015.

The Company has made an application to be granted a Management
Cease Trade Order under the Policy to be imposed against some or
all of the CEO and CFO and directors, officers or insiders of the
Company instead of a cease trade order being imposed against all
securities of the Company.  Such an order would not generally
affect the ability of persons who have not been directors, officers
or insiders of the Company to trade the securities of the Company
pending the filing of the Financial Disclosure on SEDAR.

The Company is working with its auditors to complete the audit of
the Company's financial statements for the year ended April 30,
2015 as soon as possible and anticipates filing such financial
statements and related MD&A by September 30, 2015 on SEDAR.  Until
the Financial Disclosure is filed, the Company intends to satisfy
the provisions of the Alternate Information Guidelines as set out
in the Policy for as long as it remains in default, including the
issuance of bi-weekly default status reports, each of which will be
issued in the form of a press release.

The Company is not subject to any insolvency proceeding and there
is no other material information concerning the affairs of the
Company that has not been generally disclosed.

Should the Company fail to SEDAR file the Financial Disclosure on
or before September 30, 2015, the OSC may impose a cease trade
order that all trading in securities of the Company cease for such
period specified in the OSC order.

                 About Razore Rock Resources Inc.

Razore Rock Resources Inc. is a mineral exploration company focused
on the acquisition, exploration and development of mineral
resources.


RELATIVITY MEDIA: Bankruptcy Judge Authorizes Auction of Assets
---------------------------------------------------------------
Tom Corrigan, writing for The Wall Street Journal, reported that
Relativity Media LLC won a bankruptcy judge's permission on Aug. 25
to proceed with a fast-tracked plan to auction off its film and TV
business by the end of October.

According to the  report, following a hearing at the U.S.
Bankruptcy Court in Manhattan, Judge Michael Wiles signed off on
the proposed sale process after the company resolved a long list of
objections from its creditors.  At the outset of the hearing,
Relativity announced that 12 of 16 objections to its proposed sale
process had been resolved, though many creditors reserved the right
to raise their objections at a later date, the report related.

                   About  Relativity Fashion

Based in New York, Relativity Fashion LLC dba M3 Relativity --
http://relativitymedia.com/-- is a privately-held entertainment  
company with an integrated and diversified global media platform
that provides, among other things, film and television financing,
production and distribution. Relativity was founded in 2004 by
Ryan
Kavanaugh as a films late cofinancier partnering with major
studios
such as Sony and Universal.  In addition, the Company engages in
content production and distribution, including movies, television,
fashion, sports, digital and music.  

The Company and its affiliates filed for Chapter 11 protection on
July 30, 2015 (Bankr. S.D. N.Y. Lead case No. 15-11989).  Judge
Michael E. Wiles presides over the Debtors' Chapter 11 cases.

Craig A. Wolfe, Esq., Malani J. Cademartori, Esq., and Blanka K.
Wolfe, Esq., at SHEPPARD MULLIN RICHTER & HAMPTON LLP, and Richard
L. Wynne, Esq., Bennett L. Spiegel, Esq., and Lori Sinanyan, Esq.,
at JONES DAY, represent the Debtors in the bankruptcy cases.

The Debtors reported total assets of $559.9 million, and total
debts: $1.1 billion as of Dec. 31, 2014.                   About
Relativity Fashion

Based in New York, Relativity Fashion LLC dba M3 Relativity --
http://relativitymedia.com/-- is a privately-held entertainment  
company with an integrated and diversified global media platform
that provides, among other things, film and television financing,
production and distribution. Relativity was founded in 2004 by
Ryan
Kavanaugh as a films late cofinancier partnering with major
studios
such as Sony and Universal.  In addition, the Company engages in
content production and distribution, including movies, television,
fashion, sports, digital and music.  

The Company and its affiliates filed for Chapter 11 protection on
July 30, 2015 (Bankr. S.D. N.Y. Lead case No. 15-11989).  Judge
Michael E. Wiles presides over the Debtors' Chapter 11 cases.

Craig A. Wolfe, Esq., Malani J. Cademartori, Esq., and Blanka K.
Wolfe, Esq., at SHEPPARD MULLIN RICHTER & HAMPTON LLP, and Richard
L. Wynne, Esq., Bennett L. Spiegel, Esq., and Lori Sinanyan, Esq.,
at JONES DAY, represent the Debtors in the bankruptcy cases.

The Debtors reported total assets of $559.9 million, and total
debts: $1.1 billion as of Dec. 31, 2014.


RESEARCH SOLUTIONS: Peter Derycz Reports 20% Stake as of Aug. 4
---------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Peter Derycz disclosed that as of Aug. 4, 2015, he
beneficially owned 3,678,842 shares of common stock of Research
Solutions, Inc., which represents 20 percent based on a total of
18,394,125 shares of the Company's common stock outstanding as of
Aug. 4, 2015.  A copy of the regulatory filing is available at:

                       http://is.gd/utCnjW

                     About Research Solutions

Research Solutions, Inc. provides research information services
and software to research-intensive industries in the Life Sciences
and other fields.  The Encino, California-based Company delivers
copyrighted copies of published content, including articles from
published journals, to content users in hard copy or electronic
form.

The Company reported a net loss of $1.87 million for the fiscal
year ended June 30, 2014, compared with net income of $192,000 for
the year ended June 30, 2013.

As of March 31, 2015, Research Solutions had $8.25 million in total
assets, $7.39 million in total liabilities and $866,194 in total
stockholders' equity.


RESPONSE BIOMEDICAL: Incurs $2,000 Net Loss in Second Quarter
-------------------------------------------------------------
Response Biomedical Corp. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
and comprehensive loss of $2,000 on $4.26 million of total revenue
for the three months ended June 30, 2015, compared to net income
and comprehensive income of $288,000 on $3.07 million of total
revenue for the same period during the prior year.

For the six months ended June 30, 2015, the Company reported a net
loss and comprehensive loss of $1.10 million on $7.80 million of
total revenue compared to a net loss and comprehensive loss of
$1.23 million on $5.63 million of total revenue for the same period
a year ago.

As of June 30, 2015, the Company had $13.72 million in total
assets, $15.49 million in total liabilities and total shareholders'
deficit of $1.77 million.

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

                        http://is.gd/o7f04k

                      About Response Biomedical

Based in Vancouver, Canada, Response Biomedical Corporation
develops, manufactures and sells diagnostic tests for use with its
proprietary RAMP(R) System, a portable fluorescence immunoassay-
based diagnostic testing platform.  The RAMP(R) technology
utilizes a unique method to account for sources of error inherent
in conventional lateral flow immunoassay technologies, thereby
providing the ability to quickly and accurately detect and
quantify an analyte present in a liquid sample.  Consequently, an
end-user on-site or in a point-of-care setting can rapidly obtain
important diagnostic information.  Response Biomedical currently
has thirteen tests available for clinical and environmental
testing applications and the Company has plans to commercialize
additional tests.

Response Biomedical reported a net loss and comprehensive loss of
C$5.99 million in 2013, a net loss and comprehensive loss of C$5.28
million in 2012 and a net loss and comprehensive loss of C$5.37
million in 2011.

PricewaterhouseCoopers LLP, in Vancouver, Canada, in its report on
the consolidated financial statements for the year ended Dec. 31,
2014, noted that the company has incurred recurring losses from
operations and has an accumulated deficit at Dec. 31, 2014, whicht
raises substantial doubt about its ability to continue as a going
concern.


RETROPHIN INC: Files $65 Million Suit Against Former CEO
--------------------------------------------------------
Retrophin, Inc. filed a complaint in federal court in the Southern
District of New York against Martin Shkreli, the Company's former
chief executive officer (Retrophin, Inc. v. Martin Shkreli, Case
No. 15-cv-6451) on Aug. 17, 2015.  The complaint states causes of
action against Mr. Shkreli relating to a number of self-dealing
transactions that allegedly benefitted Mr. Shkreli and investment
funds previously managed by Mr. Shkreli, including breach of his
duty of loyalty to the Company.

Retrophin seeks $65 million in damages and disgorgement of the
compensation that Mr. Shkreli received from it, including pursuant
to his employment contract dated Dec. 16, 2013, option agreement
dated Dec. 16, 2013, and the option grant dated Feb. 24, 2014.

The Company said Mr. Shkreli did not agree to be interviewed by
Cooley LLP in connection with its pre-filing investigation of the
matters covered in the Complaint.

                          About Retrophin

Retrophin, Inc., develops, acquires and commercializes therapies
for the treatment of serious, catastrophic or rare diseases.  The
Company offers Chenodal(R), a treatment for gallstones;
Vecamyl(R), a treatment for moderately severe to severe essential
hypertension and uncomplicated cases of malignant hypertension;
and Thiola, for the prevention of kidney stone formation in
patients with severe homozygous cystinuria.

Retrophin reported a net loss of $111 million in 2014 following a
net loss of $34.6 million in 2013.

As of June 30, 2015, the Company had $425.1 million in total
assets, $274.3 million in total liabilities and $150.7 million in
total stockholders' equity.

BDO USA, LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended
Dec. 31, 2014.  The accounting firm noted that the Company has
suffered recurring losses from operations, used significant amounts
of cash in its operations, and expects continuing future losses.
In addition, at Dec. 31, 2014, the Company had deficiencies in
working capital and net assets of $70.2 million and $37.3 million,
respectively.  Finally, while the Company was in compliance with
its debt covenants at Dec. 31, 2014, it expects to not be in
compliance with these covenants in 2015.  These matters raise
substantial doubt about the Company's ability to continue as a
going concern, the auditors said.


RIVERWALK JACKSONVILLE: Court OKs Real Property Sale to Alliance
----------------------------------------------------------------
Riverwalk Jacksonville Development, LLC, sought and obtained from
Judge Laurel M. Isicoff of the U.S. Bankruptcy Court for the
Southern District of Florida, Miami Division, approval of its
Contract for Sale to Alliance Realty Partners, LLC, as well as
authorization for the sale of a portion of the Debtor's real
property.

The real property subject of the sale consists of two parcels of
land, which are both tracts of land comprised of a portion of the
Isaac Hendricks Grant, Section 44, Township 2 South, Range 26 East,
Jacksonville, Duval County, Florida.

Judge Isicoff authorized the Debtor to sell the real property to
Alliance on an "as is – where is" basis, without warranties or
representations, except that Alliance will purchase the property
free and clear of all liens, claims and encumbrances, with all
liens, claims and encumbrances to attach to the proceeds of the
sale.  Judge Isicoff likewise authorized the Debtor's Manager,
Stevan J. Pardo, to execute and deliver all necessary documents and
instruments on behalf of the Debtor, as Seller, to consummate the
sale of the property to Alliance, and granted him legal power,
right and authority to bind the Debtor, as Seller, under the terms
and conditions set forth in the Contract.

Sabadell United Bank, N.A., previously filed an objection to the
Debtor's Sale Motion, but withdrew it at the hearing.

Sabadell United is represented by:

          Niall T. McLachlan, Esq.
          CARLTON FIELDS JORDEN BURT, P.A.
          100 SE 2nd Street, Suite 4200
          Miami, FL 33131
          Telephone: (305)530-0050
          Facsimile: (305)530-0055
          E-mail: nmclachlan@cfjblaw.com

Riverwalk Jacksonville is represented by:

          Geoffrey S. Aaronson, Esq.
          AARONSON SCHANTZ BEILEY P.A.
          Miami Tower
          100 S.E. 2nd Street, Floor 27
          Miami, FL 33131
          Telephone: (786)594-3000
          Facsimile: (305)424-9336
          E-mail: gaaronson@aspalaw.com

             About Riverwalk Jacksonville Development

Riverwalk Jacksonville Development, LLC, owns four parcel of real
property located in areas surrounding the Wyndham Hotel and
Convention Center.  The properties comprise approximately 10.4
acres and constitute prime downtown commercial space.  The
occupants of the area are a Chart House restaurant, various office
building and parking amenities.  Three of the four properties are
encumbered to Sabadell and U.S. Century Bank.

Riverwalk Jacksonville Development filed a Chapter 11 bankruptcy
(Bankr. S.D. Fla. Case No. 14-19672) on April 28, 2014, in Miami.
The Debtor estimated assets of at least $10 million and debts of at
least $1 million.  Geoffrey S. Aaronson, Esq., at Aaronson Schantz
P.A., serves as the Debtor's counsel.  Judge Laurel M Isicoff
oversees the case.



ROADRUNNER ENTERPRISES: 35 Properties Sold for $1.82M
-----------------------------------------------------
Judge Kevin R. Huennekens of the U.S. Bankruptcy Court for the
Eastern District of Virginia, Richmond Division, authorized, in the
interim, Roadrunner Enterprises Inc.'s auction procedures with
respect to the Debtor's motion to sell 93 real property assets by
public auction, free and clear of all liens, claims, encumbrances
and interests.

The auction procedures contain, among others, these terms:

     (a) Each potential bidder at Auction will be required to
execute a non-collusion agreement, and provided that each
prevailing bidder is (i) not an "insider"; (ii) provides reasonably
equivalent value and fair consideration to acquire the respective
Properties; and (iii) has acted in good faith in all respects
concerning the sale and Auction, the prevailing bidder(s) will be
entitled to request the protections of 11 U.S.C. Sections 363(m)
and 363(n).

     (b) If the ultimate highest and/or best sale price obtained on
any Property at Auction is a dollar amount that is less than the
total indebtedness due to the respective Secured Creditor(s)
holding a Lien on the particular Property and such sale is
consented to by the respective Secured Creditor, then such consent
on the part of the Secured Creditor will in no event constitute or
be deemed a waiver of any deficiency or unsecured claim or
indebtedness owed to the Secured Creditor by the Debtor.

     (c) On Aug. 19, 2015 at 2:00 p.m., the Court will convene a
final sale hearing to consider the Debtor's request to approve the
proposed sales and purchase agreements resulting from the Auction,
as well as any objections of the Secured Creditors or others to the
proposed sales, with such objections to be filed and served on the
Debtor on or before Aug. 12, 2015.

On Aug. 5, 2015, the Debtor filed its Report of Auction Results,
which showed that 35 properties were sold, with a total purchase
price of $1,815,700 and net proceeds amounting to $27,880.

Motleys Asset Disposition Group conducted the auction on the
Debtor's real property assets.

Bank of McKenney objected to the Debtor's Auction Motion. Neil E.
McCullagh, Esq., at Spotts Fain PC, in Richmond Virginia, tells the
Court that the BOM and the Debtor have an agreement whereby the
Debtor could sell any property encumbered by a lien in favor of BOM
only if the sale price exceeds a reserve price agreed to by BOM,
the Debtor, and Motley's or if BOM subsequently agreed to a lower
sale price.  He contends that this agreement was reported to the
Court during the hearing held on June 22, 2015, and is embodied in
the Court's Interim Order authorizing the auction procedures.  Mr.
McCullagh further tells the Court that as reflected in the Debtor's
Notice of Report of Auction Results, the reserve price was not met
at auction for any property encumbered by a lien in favor of BOM.
He asserts that BOM has not agreed to a sale of any of its
properties for a price less than the reserve price and that
accordingly, none of the properties encumbered by a lien in favor
of BOM may be sold pursuant to the Debtor's motion.

The hearing on the Debtor's Motion was slated to continue on
Aug. 26, 2015.

Roadrunner Enterprises is represented by:

          David K. Spiro, Esq.
          Rachel A. Greenleaf, Esq.
          HIRSCHLER FLEISCHER, P.C.
          Post Office Box 500
          Richmond, VA 23218-0500
          Telephone: (804)771-9500
          Facsimile: (804)644-0957
          E-mail: dspiro@hf-law.com
                  rgreenleaf@hf-law.com

Bank of McKenney is represented by:

          Robert H. Chappell, III, Esq.
          Neil E. McCullagh, Esq.
          James K. Donaldson, Esq.
          SPOTTS FAIN PC
          411 East Franklin Street, Suite 600
          Richmond, Virginia 23219
          Telephone: (804)697-2000
          Facsimile: (804)697-2100
          E-mail: rchappell@spottsfain.com
                  nmccullagh@spottsfain.com
                  jdonaldson@spottsfain.com

                   About Roadrunner Enterprises

Headquartered in Chesterfield County, Virginia, Roadrunner
Enterprises Inc. owns the Roadrunner Campground and more than 70
rental properties, lots, and other real estate interests.

Roadrunner Enterprises filed for Chapter 11 bankruptcy protection
(Bank. E.D. Va. Case No. 15-30604) on Feb. 6, 2015.  The petition
was signed by Carl Adenauer, president.  David K. Spiro, Esq., at
Hirschler Fleischer, P.C., serves as the Debtor's counsel.  Judge
Kevin R. Huennekens presides over the case.  The Debtor estimated
assets and liabilities of at least $10 million.



ROYAL CAR WASH: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Royal Car Wash, Inc.
        40 Cypress Creek Pkwy, #429
        Houston, TX 77090

Case No.: 15-34454

Chapter 11 Petition Date: August 25, 2015

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

Judge: Hon. Jeff Bohm

Debtor's Counsel: Peter Johnson, Esq.
                  LAW OFFICES OF PETER JOHNSON
                  Eleven Greenway Plaza, Suite 2820
                  Houston, TX 77046
                  Tel: 713-961-1200
                  Fax: none
                  Email: pjohnson@pjlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Edmundo Tijerina, Jr., president.

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


RREAF O&G: Hires Holland & Knight as Bankruptcy Counsel
-------------------------------------------------------
RREAF O&G Portfolio #2 LLC and its debtor-affiliates seek
authorization from the U.S. Bankruptcy Court for the Western
District of Texas to employ Holland & Knight LLP as bankruptcy
counsel, nunc pro tunc to the July 8, 2015 petition date.

The Debtors require Holland & Knight to:

   (a) assist the Debtors by preparing all motions, petitions,
       applications, orders, reports and papers necessary to
       commence these chapter 11 cases;

   (b) assist the Debtors in preparation of all documents,
       reports, and papers necessary for the administration of
       these chapter 11 cases;

   (c) general legal advice with respect to the powers and duties
       of the Debtors as debtors in possession in these chapter 11

       cases;

   (d) appear in court to protect the interests of the Debtors
       before the Court;

   (e) attend at meetings as requested by the Debtors;

   (f) perform all other legal services for the Debtors which may
       be necessary and proper in these proceedings including, but

       not limited to, provision of advice in areas such as
       corporate, bankruptcy, taxation, tort, employment, secured
       transactions, and real estate law, as well as
       representation in litigation before this and other courts
       as needed;

   (g) prepare and prosecute a plan of reorganization and all
       related documents; and

   (h) perform other functions as requested by the Debtors,
       consistent with professional standards.

Prior to the Petition Date, Holland & Knight received a retainer in
the total amount of $230,000. RREAF Holdings, LLC, an indirect
holder of more than 10% of the equity interests in the Debtors,
funded $30,000 of the Retainer. The remaining balance of the
Retainer was funded by Lucien J. Tujague, Jr., who is an indirect
holder of more than 10% of the equity in one or more of the Debtors
or their affiliates.

Before the commencement of the Debtors' bankruptcy proceedings,
Holland & Knight offset against the Retainer $30,000 of prepetition
fees and expenses incurred during the course of assisting the
Debtors with matters relating to the commencement of such
proceedings.  The remaining $200,000 Retainer balance is being held
by Holland & Knight holds retainers received from other clients.
Holland & Knight intends to hold its $200,000 Retainer balance as
security throughout the Debtors' bankruptcy cases until Holland &
Knight's fees and expenses are awarded by a final order following
the submission of Holland & Knight's final fee application.

Holland & Knight will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Brent R. McIlwain, partner of Holland & Knight, 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.

Holland & Knight can be reached at:

       Brent McIlwain, Esq.
       HOLLAND & KNIGHT LLP
       200 Crescent Court, Suite 1600
       Dallas, TX 75201
       Tel: (214) 964-9500
       Fax: (214) 964-9501
       E-mail: brent.mcilwain@hklaw.com

                         About RREAF O&G

RREAF O&G Portfolio #2 LLC, RREAF O&G Portfolio Manager #2 LLC,
RREAF O&G Portfolio #3 LLC, and RREAF O&G Portfolio #3 Manager LLC,
collectively, own eight hotel properties in Texas.

RREAF O&G Portfolio #2, et al., sought Chapter 11 bankruptcy
protection (Bankr. W.D. Tex. Lead Case No. 15-70094), in Midland,
Texas, on July 8, 2015.  Webb M. ("Kip") Sowden, III, the CEO,
signed the Chapter 11 petitions.

The cases are assigned to Chief Bankruptcy Judge Ronald B. King.

The Debtors tapped Holland & Knight LLP as counsel.

Portfolio #2 estimated $50 million to $100 million in assets and
less than $50 million in debt.


SABINE OIL: Creditors Call for Probe Into Merger with Forest
------------------------------------------------------------
Tom Corrigan, writing for Dow Jones' Daily Bankruptcy Review,
reported that unsecured creditors have requested a bankruptcy
court's approval to begin a wide-ranging investigation into Sabine
Oil & Gas Corp.'s merger with Forest Oil Corp. last year, a deal
they have called "disastrous."

According to the report, in court papers filed on Aug. 25 with the
U.S. Bankruptcy Court in Manhattan, the committee representing
unsecured creditors said the sheer size of the lawsuits that could
stem from the investigation warrants "a prompt start and energetic
prosecution."

                       About Sabine Oil & Gas

Sabine Oil & Gas Corp. is an independent energy company engaged in
the acquisition, production, exploration, and development of
onshore oil and natural gas properties in the U.S.  The Company's
current operations are principally located in the Cotton Valley
Sand and Haynesville Shale in East Texas, the Eagle Ford Shale in
South Texas, the Granite Wash in the Texas Panhandle, and the
North
Louisiana Haynesville.  The Company operates, or has joint working
interests in, approximately 2,100 oil and gas production sites
(approximately 1,800 operating and approximately 315
non-operating)
and has approximately 165 full-time employees.

Sabine Oil and its affiliated entities sought Chapter 11
protection
(Bankr. S.D.N.Y. Lead Case No. 15-11835) in Manhattan on July 15,
2015.

The Debtors have engaged Kirkland & Ellis LLP and Kirkland & Ellis
International LLP, as counsel; Lazard Freres & Co. LLC, as
investment banker, and Prime Clerk LLC as notice, claims and
balloting agent.  The Debtors also tapped Zolfo Cooper Management,
LLC, to provide Jonathan A. Mitchell as CRO and other additional
personnel.


SAINT MICHAEL'S MEDICAL: Has Interim OK to Tap $5M in DIP Loan
--------------------------------------------------------------
Judge Vincent F. Papalia of the U.S. Bankruptcy Court for the
District of New Jersey gave Saint Michael's Medical Center, Inc.,
et al., interim authority to obtain postpetition financing from
Trinity Health Corporation in an amount not to exceed $5,000,000.

The DIP Lender committed to provide up to $15,000,000, with 6% per
annum interest, increasing to 8% per annum upon an event of default
or if the DIP Loan is not fully repaid at the Due Date, which is
the earlier of the following: (i) April 1, 2016, (ii) the
substantial consummation of a confirmed plan of reorganization,
(iii) conversion of any of the bankruptcy cases to a case under
Chapter 7 of the Bankruptcy Code, (iv) appointment of a trustee for
any of the Debtors, or (v) dismissal of any of the bankruptcy
cases.

The Debtors also obtained interim authority to use cash collateral
securing their prepetition indebtedness.  Bank of New York Mellon,
as Master Trustee, is likely to assert a secured claim in the
approximate amount of $227.8 million as of the Petition Date,
secured by liens on substantially all of the assets of the
Debtors.

The final hearing to consider entry of the final orders on the
financing requests will be held on Sept. 11, 2015, at 2:30 p.m.,
prevailing Eastern Time.  Objections are due Sept. 4.

Counsel to BNY Mellon:

         MCMANIMON & SCOTLAND, L.L.C.
         One Riverfront Plaza - 4th Floor
         Newark, NJ 07102-5408

Counsel to the DIP Lender:

         William H. Schorling, Esq.
         BUCHANAN INGERSOLL & ROONEY PC
         Two Liberty Place, 50 S. 16th Street, Suite 3200
         Philadelphia, PA 19102-2555
         Email: william.schorling@bipc.com

               About Saint Michael's Medical Center

Saint Michael's Medical Center, Inc., was incorporated in 2008 to
acquire St. Michael's Medical Center and 2 other now defunct
hospitals (Saint James Hospital and Columbus Hospital) was acquired
from Cathedral Healthcare System Inc., a New Jersey nonprofit.

SMMC is a second tier subsidiary of Trinity Health Corporation.
The immediate sole corporate member of SMMC is Maxis Health System,
a Pennsylvania not-for-profit corporation.

Established by the Franciscan Sisters of the Poor in 1867, St.
Michael's Medical Center is a 357- bed licensed regional
tertiary-care, teaching, and research center in the heart of
Newark, New Jersey's business and educational district and is
accredited by The Joint Commission.

On Aug. 10, 2015, SMMC Inc. and three affiliated debtors each filed
a voluntary petition for relief under Chapter 11 of the U.S.
Bankruptcy Code in the U.S. Bankruptcy Court for the District of
New Jersey.  The cases are pending before the Honorable Vincent F.
Papalia, and the Debtors have requested that their cases be jointly
administered under Case No. 15-24999.

The Debtors tapped Cole Schotz P.C. as bankruptcy counsel;
EisnerAmper LLP as financial advisor; and Prime Clerk LLC as claims
and noticing agent.

SMMC estimated $100 million to $500 million in assets and debt.


SALADWORKS LLC: Liquidating Plan Set for Sept. 16 Confirmation
--------------------------------------------------------------
U.S. Bankruptcy Judge Laurie Selber Silverstein has approved the
disclosure statement filed by SW Liquidation, LLC, f/k/a
Saladworks, LLC, in support of its Plan of Liquidation.

The judge approved a Sept. 9, 2015, at 11:59 p.m. prevailing
Eastern Time, deadline to submit ballots.  Objections to
confirmation of the Plan are due Sept. 9, 2015, at 4:00 p.m.
prevailing Eastern Time.  The hearing to consider confirmation of
the Plan is slated for Sept. 16, 2015, at 10:00 a.m. prevailing
Eastern Time.

The Debtor previously filed a revised Plan of Liquidation and
Disclosure Statement dated Aug. 3, 2015, that address objections to
the Disclosure Statement.  A black-lined version of the Amended
Disclosure Statement is available at
http://bankrupt.com/misc/SWds0803.pdf

                      About Saladworks, LLC

Developed in 1986, Saladworks, LLC, is the first and largest
fresh-salad franchise concept in the United States.  From its
beginning in the Cherry Hill Mall, Saladworks quickly expanded to
12 additional locations in area malls and soon thereafter began
franchising.  The company has franchise agreements with 162
different franchisees.  The equity owners are J Scar Holdings,
Inc., (70%) and JVSW LLC (30%).

Saladworks, LLC, sought Chapter 11 bankruptcy protection (Bankr. D.
Del. Case No. 15-10327) on Feb. 17, 2015.  The case assigned to
Judge Laurie Selber Silverstein.

The Debtor has tapped Landis Rath & Cobb LLP as counsel; SSG
Advisors, LLC, as investment banker; EisnerAmper LLP, as financial
advisor; and Upshot Services LLC, as claims and noticing agent.

Saladworks, LLC, disclosed $2,303,632 in assets and $14,220,722 in
liabilities as of the Chapter 11 filing.

SSG Capital Advisors, LLC, acted as the investment banker in the
sale of substantially all of its assets to an affiliate of Centre
Lane Partners, LLC.



SAMSON RESOURCES: Reaches Restructuring Agreement with Lenders
--------------------------------------------------------------
Samson Resources Corporation disclosed in a regulatory filing with
the Securities and Exchange Commission that it has reached an
agreement with certain lenders and other parties regarding terms of
a financial restructuring plan.  The proposed plan will
significantly reduce long-term debt and annual interest payments
and result in a stronger balance sheet for the Company.

To implement the restructuring, the Company expects to voluntarily
commence a reorganization under chapter 11 of the U.S. Bankruptcy
Code on or before Sept. 16, 2015.  The Company expects its oil and
gas operations to continue in the ordinary course throughout the
restructuring process.  Under the proposed plan, which would
require Bankruptcy Court approval, the vast majority of the
Company's trade creditors and vendors are expected to be paid in
full in the ordinary course of business.

In connection with the negotiations, on Aug. 14, 2014, the Company
entered into a Restructuring Support Agreement, with the following
parties:

   * certain holders of loans under the Second Lien Term Loan
     Credit Agreement, who have agreed to, among other things,
     backstop a rights offering; and

   * Samson Aggregator GP LLC, Samson Aggregator L.P., KKR 2006
     Fund, L.P., KKR Fund Holdings L.P., and Crestview Partners
     II, L.P., and certain of their affiliates.

The Restructuring Support Agreement incorporates the economic terms
agreed to by the parties, as memorialized in a term sheet dated
Aug. 14, 2015.  The Restructuring Support Agreement, which
incorporates and attaches the Term Sheet, contemplates the
implementation of a restructuring of the Company through a
debt-for-equity conversion and rights offering, which transaction
will be effectuated through a chapter 11 plan of reorganization.
The key terms of the restructuring, as contemplated in the
Restructuring Support Agreement and Term Sheet, are as follows:

  * New Money Investment: The new money investment will include
    (i) a minimum of $325 million to purchase new common equity of
    the reorganized Company, and (ii) a maximum of $125 million of
    new second lien debt issued by the reorganized Company.

  * New Money Expansion: By Nov. 1, 2015, management will estimate
    the pro forma liquidity of the Company as of the projected
    effective date of the Plan.  In the event that such estimated
    liquidity is less than $350 million, the New Money Investment
    will be increased by $35 million to a total of $485 million.

  * Backstop Terms: The Backstop Parties agree to backstop the
    Rights Offering, including $413.25 million in new common
    equity in the reorganized Company and $36.75 million in new
    second lien debt in the reorganized Company.  If any backstop
    funding is required, the Debt Backstop will be used first to
    satisfy any capital shortfall (subject to a Debt Backstop
    maximum of $36.75 million and an aggregate new debt maximum of
    $125 million).  If additional backstop funding is required
    after exhaustion of the Debt Backstop (or the maximum amount
    of new debt under the Rights Offering is reached), the Equity
    Backstop will be used.

  * Use of Proceeds: The Rights Offering proceeds will be used to
    pay down the Company's existing reserve-based revolving credit
    facility to $650 million and the fees of the Backstop Parties,
    with the remainder for general corporate purposes.  Upon
    closing, the Backstop Parties shall receive a $10 million work
    fee payable pro rata to the Backstop Parties based on the
    Equity Backstop and Debt Backstop commitments.

  * Non-Core Asset Sale: As determined by the reorganized
    Company's board of directors, the Company will sell certain
    non-core assets and use the resulting proceeds to (a) pay down
    the RBL Revolver to the extent necessary to remain in
    compliance with the pro forma borrowing base level and provide

    sufficient liquidity, (b) partially prepay any new debt with
    the remaining proceeds, and (c) fund general corporate
    purposes.

  * Distributions: The Lenders will receive all of the new common
    equity in the reorganized Company, less the new common equity
    issued to the Rights Offering participants, holders of Senior
    Notes due 2020 under the senior notes indenture and
    participants in a board and management incentive plan.  The
    RBL Revolver will be amended and restated to include, among
    other terms, a borrowing base/maximum availability of at least

    $750 million on the effective date of the Plan for a period of

    18 months or as otherwise agreed by the Backstop Parties and
    the Company, subject to a pre-negotiated adjustment for the
    sale of certain non-core assets.  The Noteholders will receive

    1.0% of the reorganized common equity if the Noteholders vote
    for the Plan and 0.5% if the Noteholders vote against the
    Plan.

  * Management Incentive Plan: 10.0% of the new common equity in
    the reorganized Company will be reserved for a board and
    management incentive program.  5.0% will be preliminarily
    granted on the effective date of the Plan or as soon as
    practicable after the effective date.  Additional incentive
    grants will be determined by the compensation committee of the

    Board of the reorganized Company.

  * Governance: The reorganized Company will have a seven-person
    Board, consisting of (i) the CEO, (ii) two directors elected
    by the second lien lenders, and (iii) four directors elected
    by the Backstop Parties with consultation from the CEO and a
    nationally-recognized executive search firm.

  * Releases: The Restructuring Support Agreement also provides
    for upfront mutual releases between each Backstop Party and
    each Sponsor, subject to an exception for fraud, gross
    negligence, and willful misconduct, for any claims arising
    from the restructuring, transactions, relating to the Company,
    and the Plan.  The Restructuring Support Agreement also
    provides for certain other releases of the Sponsors, the
    Company, and the Lenders which will be included in the Plan
    and will take effect upon the effective date of the Plan.  All
    indemnification provisions for current directors, officers,
    and employees will remain in place after the restructuring.

  * Break-up Fee: Among other circumstances provided in the
    Restructuring Support Agreement, if the Company exercises its
    fiduciary out and does not accept the transaction contemplated

    by the Term Sheet, the Company will pay the Backstop Parties a

    $10 million break-up fee.

Pursuant to the Restructuring Support Agreement, the Backstop
Parties have agreed to, among other things: (a) vote all held
claims in favor of the Plan; (b) negotiate in good faith additional
documentation to implement the restructuring and the Plan; (c)
support the Company in obtaining court approval of the Rights
Offering; (d) with respect to the Backstop Parties, backstop the
Rights Offering; (e) not support or participate in alternative
transactions or restructurings of the Company; and (f) support
certain releases, exculpation, injunction, and discharge provisions
under the Plan.

The Restructuring Support Agreement contemplates an outside date
for a chapter 11 filing of Sept. 16, 2015.

As a result of its entry into the Restructuring Support Agreement,
the Company intends to forgo the Monday, Aug. 17, 2015, payment
under the Senior Notes Indenture and take advantage of the 30-day
grace period allowed under the Senior Notes Indenture to build
consensus for the restructuring contemplated under the
Restructuring Support Agreement.

Beginning in April 2015, the Company commenced discussions and
negotiations with legal and financial advisors to the
administrative agent for the Lenders and a group of Noteholders
regarding recapitalization and restructuring transactions for the
Company.  The Company's legal and financial advisors met initially
with the advisors to the Agent on April 14, 2015, and with the
advisors to the group of Noteholders on April 17, 2015, to provide
relevant background and context for the negotiations.  Over the
next several weeks, the advisors to both the Agent and Noteholders
conducted due diligence and engaged in separate but parallel
negotiations with the Company and its advisors.

On June 8 and 9, 2015, certain Lenders entered into confidentiality
agreements with the Company.  On June 10, 2015, certain Noteholders
executed similar confidentiality agreements. The confidentiality
agreements all require a public disclosure of all material
non-public information provided to the Lenders and Noteholders,
respectively, on or prior to Aug. 14, 2015.

A copy of the Restructuring Support Agreement is available at:

                       http://is.gd/61Av8O

                      About Samson Resources

Tulsa, Oklahoma-based Samson Resources Corporation explores,
develops and produces oil and natural gas properties in the United
States.  The Company operates in the Rocky Mountain, Mid-Continent
and East Texas regions.

As previously reported by The Troubled Company Reporter, Samson
Resources said that Chapter 11 bankruptcy protection might offer
the best route to restructuring its heavy debt load.  Samson said
in its 2014 annual report filing with the U.S. Securities and
Exchange Commission that it is exploring a range of strategic and
financial options but a "filing under Chapter 11 of the U.S.
bankruptcy code may provide the most expeditious manner in which to
effect a capital structure solution."

Samson, which is controlled by private-equity firm KKR & Co., also
disclosed that its auditor found that its financial condition
raises substantial doubt about its ability to continue as a going
concern, the report related.

The Troubled Company Reporter, on Feb. 27, 2015, reported that
Samson Resources is working with law firm Kirkland & Ellis LLP's
restructuring practice and Blackstone Group LP's restructuring
advisory group, as a sharp decline in oil and gas prices
complicates its efforts to stem losses and keep current on its
multibillion-dollar debt load.

                       *     *     *

The Troubled Company Reporter, on April 6, 2015, reported that
Standard & Poor's Ratings Services said it lowered its corporate
credit rating on Tulsa, Okla.-based Samson Resources Corp. to
'CCC-' from 'CCC+'.  The outlook is negative.

The TCR, on Feb. 19, 2015, reported that Standard & Poor's Ratings
Services lowered its corporate credit rating on Tulsa, Okla.-based
Samson Resources Corp. to 'CCC+' from 'B-'.  The outlook is
negative.

At the same time, S&P lowered its rating on Samson's revolving
credit facility to 'B' (two notches above the corporate credit
rating) from 'B+'.  The recovery rating on this debt remains '1',
indicating S&P's expectation of very high (90% to 100%) recovery in
the event of a payment default.  S&P also lowered its rating on
Samson's second-lien debt to 'CCC+' (the same as the corporate
credit rating) from 'B-'.  The recovery rating on this debt remains
'4', indicating S&P's expectation of average (30% to 50%) recovery
in the event of a payment default.  S&P also lowered its rating on
subsidiary Samson Investment Co.'s unsecured notes to 'CCC-' (two
notches below the corporate credit rating) from 'CCC'.  The
recovery rating on this debt remains '6', indicating S&P's
expectation of negligible (0% to 10%) recovery in the event of a
payment default.


SAMSON RESOURCES: Suspending Duty to File Reports with SEC
----------------------------------------------------------
Samson Resources Corporation filed a Form 15 with the Securities
and Exchange Commission to terminate its voluntary filing of the
reports required to be filed by Section 13 or 15(d) of the Exchange
Act.  The Company will continue to comply with its reporting
obligations under the indenture governing its 9.750% Senior Notes
due 2020 and the credit agreements governing its reserve-based
borrowing base revolving credit facility and second lien term loan
credit facility by providing the required information under a
password protected website.  

                      About Samson Resources

Tulsa, Oklahoma-based Samson Resources Corporation explores,
develops and produces oil and natural gas properties in the United
States.  The Company operates in the Rocky Mountain, Mid-Continent
and East Texas regions.

As previously reported by The Troubled Company Reporter, Samson
Resources said that Chapter 11 bankruptcy protection might offer
the best route to restructuring its heavy debt load.  Samson said
in its 2014 annual report filing with the U.S. Securities and
Exchange Commission that it is exploring a range of strategic and
financial options but a "filing under Chapter 11 of the U.S.
bankruptcy code may provide the most expeditious manner in which to
effect a capital structure solution."

Samson, which is controlled by private-equity firm KKR & Co., also
disclosed that its auditor found that its financial condition
raises substantial doubt about its ability to continue as a going
concern, the report related.

The Troubled Company Reporter, on Feb. 27, 2015, reported that
Samson Resources is working with law firm Kirkland & Ellis LLP's
restructuring practice and Blackstone Group LP's restructuring
advisory group, as a sharp decline in oil and gas prices
complicates its efforts to stem losses and keep current on its
multibillion-dollar debt load.

                       *     *     *

The Troubled Company Reporter, on April 6, 2015, reported that
Standard & Poor's Ratings Services said it lowered its corporate
credit rating on Tulsa, Okla.-based Samson Resources Corp. to
'CCC-' from 'CCC+'.  The outlook is negative.

The TCR, on Feb. 19, 2015, reported that Standard & Poor's Ratings
Services lowered its corporate credit rating on Tulsa, Okla.-based
Samson Resources Corp. to 'CCC+' from 'B-'.  The outlook is
negative.

At the same time, S&P lowered its rating on Samson's revolving
credit facility to 'B' (two notches above the corporate credit
rating) from 'B+'.  The recovery rating on this debt remains '1',
indicating S&P's expectation of very high (90% to 100%) recovery in
the event of a payment default.  S&P also lowered its rating on
Samson's second-lien debt to 'CCC+' (the same as the corporate
credit rating) from 'B-'.  The recovery rating on this debt remains
'4', indicating S&P's expectation of average (30% to 50%) recovery
in the event of a payment default.  S&P also lowered its rating on
subsidiary Samson Investment Co.'s unsecured notes to 'CCC-' (two
notches below the corporate credit rating) from 'CCC'.  The
recovery rating on this debt remains '6', indicating S&P's
expectation of negligible (0% to 10%) recovery in the event of a
payment default.


SANTA FE GOLD: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

         Debtor                                 Case No.
         ------                                 --------
         Santa Fe Gold Corporation              15-11761
            aka Azco Mining, Inc.
         1219 Banner Mine Road
         Lordsburg, NM 88045

         Azco Mica, Inc.                        15-11762

         The Lordsburg Mining Company           15-11763

         Santa Fe Gold (Barbados) Corporation   15-11764

Type of Business: Mining and mineral exploration

Chapter 11 Petition Date: August 26, 2015

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

Judge: Hon. Mary F. Walrath

Debtors' Counsel: Ian J Bambrick, Esq.
                  YOUNG CONAWAY STARGATT & TAYLOR, LLP
                  1000 North King Street
                  Wilmington, DE 19801
                  Tel: 302-571-6600
                  Email: ibambrick@ycst.com

                    - and -

                  Kenneth J. Enos, Esq.
                  YOUNG, CONAWAY, STARGATT & TAYLOR, LLP
                  Rodney Square
                  1000 North King Street
                  Wilmington, DE 19801
                  Tel: 302-571-6600
                  Email: kenos@ycst.com

Debtors'          CANACCORD GENUITY GROUP INC.
Financial
Advisor:

Debtors'          AMERICAN LEGAL CLAIM SERVICES, LLC
Notice,
Claims,
Solicitation
and Balloting
Agent:

Total Assets: $19 million as of March 31, 2015

Total Debts: $29.8 million as of March 31, 2015

The petition was signed by Jakes Jordaan, president, chief
executive and chairman of the Board.

List of Debtors' 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
International Goldfields Limited        Loan           $3,880,924
Level 2, Altona Street
West Perth WA 6005
Tel: +61 8 9388 0944
Fax: +61 8 9388 0933

Tyhee Gold Corp.                        Loan           $2,315,078
Suite 401 - 675 West Hastings Street
Vancouver, British of Columbia
V6B 1N2 Canada
Attention: Denis M. Taschuk, Chairman
Tel: 604-681-2877
Fax: 604-681-2897

Rocky Mountain Transporation, Inc.    Trade Debt         $583,337
PO Box 1099
Deming, NM 88031
Tel: 575-546-1084
Fax: 575-546-0568

Summit Minerals, Inc.                 Royalties          $519,262
320 Gold Ave. SW, Suite 1000
Alburguerque, NM 87102
Tel: 505-269-2057

The Jordaan Law Firm, PLLC              Legal            $500,385

1750 30th Street, Suite 501
Boulder, CO 80301
Tel: 214-202-7449
Fax: 972-291-0715

Grant County Treasurer              Property Tax         $347,668
PO Box 89
Silver City, NM 88062
Tel: 575-574-0061
Fax: 575-574-0073

Pierce Carson                         Royalties,         $343,022
PO Box 997                            Expenses,
Cedar Crest, NM 87008                  Wages
Tel: 505-463-9223

Godbe Drilling LLC                   Trade Debt          $270,157
62802 Ohlm Road
Montrose, AZ 81403
Tel: 970-209-1164
Fax: 520-743-3776

Hidalgo County Treasurer            Property Tax         $268,132
300 Shakespeare St.
Lordsburg, NM 88045
Tel: 575-542-9313
Fax: 575-542-3193

Canarc Resource Corp.                  Loan              $249,615

Yavapai County                     Property Tax          $241,530

Ilmars Pucurs                    Convertible Loan        $189,163

Bruce Bradley                    Convertible Loan        $187,996

Nancy Foster                     Convertible Loan        $179,080

Boart Longyear                      Trade Debt           $137,025

Industrial & Mine                   Trade Debt           $136,153
Supply Co., Inc.  

Justin Keener dba                Convertible Loan        $124,444
JMJ Financial

Wagner Equipment Co.                Trade Debt           $115,789

Davies Public Affairs               Trade Debt           $107,359

Vista Capital Investments, LLC        Loan               $100,384


SANTA FE GOLD: Files for Chapter 11 to Pursue Assets Sale
---------------------------------------------------------
Santa Fe Gold Corporation and three affiliated entities, a group of
mining and mineral exploration companies headquartered in
Lordsburg, New Mexico, filed Chapter 11 bankruptcy petitions
(Bankr. D. Del. Lead Case No. 15-11761) on Aug. 26, 2015, to pursue
an expedited sale of their assets in order to maximize value for
all stakeholders.

The case is pending before the Honorable Mary F. Walrath.  The
cases are being jointly administered for procedural purposes.  The
Debtor continues to operate its business and manage its properties
as a debtor-in-possession.

Jakes Jordaan, president, chief executive officer and director of
Santa Fe Gold, said in an affidavit in support of the Chapter 11
petitions, that as a consequence of chronic underfunding,
constrained liquidity, an overly-leveraged balance sheet,
operational and management challenges and declining precious metals
prices, for the past several years, the Debtors have pursued a
strategic or financial partner.   In this regard, Santa Fe has
entered into three strategic transactions, all of which have
failed.

On Feb. 15, 2013, Santa Fe entered into an Agreement and Plan of
Merger with International Goldfields Limited under which Santa Fe
would have become a wholly-owned subsidiary of IGS.  Completion of
the merger with IGS was subject to IGS closing before March 14,
2013, an equity financing that would have resulted in IGS having at
least A$10,000,000 in available cash.  Because IGS was unable to
consummate a Qualified Equity Financing, the IGS Merger Agreement
terminated.

After termination of the IGS Merger Agreement, on Sept. 13, 2013,
Santa Fe engaged Fairfax Securities Corporation D/B/A Jett Capital
Advisors, New York as its exclusive United States placement agent
and exclusive corporate advisor in relation to capital raising,
change of control transactions, and any other material corporate or
asset transaction, including acquisition or divestment of a mining
project, restructuring, spin-off, corporate acquisition or joint
venture.  Jett Capital has represented to Santa Fe that it reached
out to over 100 qualified entities in its database, and in October
2013, Jett Capital introduced Santa Fe to Tyhee Gold Corp.

On Jan. 23, 2014, Santa Fe entered into a definitive merger
agreement with Tyhee.  Completion of the merger was subject to
customary conditions, including (i) adoption of the Tyhee Merger
Agreement by the required vote of the holders of outstanding
Company common stock, (ii) obtaining certain approvals from

the Securities and Exchange Commission, (iii) consummation of
secured debt restructurings, (iv) receipt of the approval of the
TSX Venture Exchange, and (v) Tyhee closing a qualified
financing of at least $20 million.  On March 23, 2014, the Company
terminated the Tyhee Merger Agreement as a result of Tyhee's
failure to close the Qualified Financing.

On July 15, 2014, Santa Fe entered into a Share Exchange
Agreement with Canarc Resource Corp. under which Santa Fe was to
issue 66,000,000 shares of its common stock to Canarc; and, in
exchange, Canarc was to issue 33,000,000 of its common shares to
Santa Fe.  Upon consummation of the Share Exchange Agreement, Santa
Fe was to own approximately 17 percent of Canarc's outstanding
shares and Canarc was to own approximately 34 percent of Santa Fe's
outstanding common shares.

In connection with the Share Exchange, Bradford Cooke, chairman and
founder of Canarc, was appointed as a director and chairman of
Santa Fe; Catalin Chiloflischi, chief executive officer of Canarc,
was appointed president, chief executive officer, and director of
Santa Fe; and Garry Biles, president and chief operating officer of
Canarc, was appointed chief operating officer of Santa Fe.

Significantly, in connection with the Share Exchange Agreement,
Santa Fe entered into a "best efforts" placement agency agreement
with Euro Pacific Capital, Inc. pursuant to which Euro Pacific
agreed to use its "best efforts" to complete the private
placement of Convertible Gold Notes in the aggregate principal
amount between $20 million to $25 million.  Euro Pacific did not
place any securities or raise any capital for Santa Fe.  When the
relevant transactions under the Share Exchange Agreement failed to
close, the Share Exchange Agreement terminated pursuant to its
terms on Oct. 15, 2014.

Santa Fe received the resignation letters of Messrs. Cooke,
Chiloflischi, Biles and Philip Yee, on Oct. 16, 2014, leaving Santa
Fe without any executive officers.  Furthermore, Mr. Jordaan said
the Canarc affiliates left Santa Fe with less than $100 in
available cash.

According to Mr. Jordaan, the Debtors have no way of generating
income.  With no available cash or even the prospect of generating
cash flow, Mr. Jordaan said the Debtors face multiple threats,
including, without limitation, litigation for past due royalties,
collection efforts of a judgment creditor, and defaults under
numerous debt instruments.  In light of these challenges, along
with their failed restructuring efforts to date, the Debtors have
determined that they have no choice but to  aggressively pursue and
consider all possible transaction scenarios.

                           Sale Process

Waterton Global Value, L.P. offered to provide the Debtors with a
limited amount of debtor in possession financing to support a sale
process within the context of a chapter 11 proceeding.  In
addition, Waterton offered to enter into a stalking horse asset
purchase agreement with the Debtors and participate in an open
market process for the sale of substantially all of the Debtors'
assets at an auction.  The Debtors considered this offer, and

have determined that the most prudent course of action is to obtain
the DIP Facility and enter into the Stalking Horse Agreement so
that they may conduct an expedited, yet orderly asset sale and
wind-down of operations through the present chapter 11 cases.

The Debtors have tapped Canaccord Genuity Inc. to assist them with
the sale process that the Debtors must consummate within the next
90 days.

                         First Day Motions

Concurrently with the filing of the petitions, the Debtors filed
motions to:

  -- jointly administer their Chapter 11 cases;

  -- appoint American Legal Claim Services, LLC as claims and
     noticing agent;

  -- extend the deadline to file schedules and statements of
     financial affairs;

  -- continue their existing cash management system;

  -- pay employee wages and benefits; and

  -- prohibit utilities from discontinuing services.

A copy of the affidavit is available for free at:

        http://bankrupt.com/misc/2_SANTAFE_1stAffidavit.pdf


SB PARTNERS: Incurs $128K Net Loss in Second Quarter
----------------------------------------------------
SB Partners filed with the Securities and Exchange Commission its
quarterly report on Form 10-Q disclosing a net loss of $128,399 on
$248,489 of total revenues for the three months ended June 30,
2015, compared to a net loss of $205,732 on $292,709 of total
revenues for the same period during the prior year.

For the six months ended June 30, 2015, the Company reported a net
loss of $269,120 on $496,974 of total revenues compared to a net
loss of $490,015 on $521,017 of total revenues for the same period
a year ago.

As of June 30, 2015, the Company had $17.24 million in total
assets, $23.29 million in total liabilities and total partners'
deficit of $6.04 million.

As of June 30, 2015, the Company had cash and cash equivalents of
approximately $906,000.  These balances are approximately $27,000
lower than cash and cash equivalents held on Dec. 31, 2014.  Cash
and cash equivalents decreased during the six months ended
June 30, 2015, due to interest and principal payments on its bank
loan and partnership expenses partially offset by cash flow
generated from operating activities at Company's two wholly owned
properties.

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

                       http://is.gd/NNhUPd

                        About SB Partners

Milford, Conn.-based SB Partners is a New York limited partnership
engaged in acquiring, operating and holding for investment a
varying portfolio of real estate interests.  As of June 30,
2010, the partnership owns an industrial flex property in Maple
Grove, Minnesota and warehouse distribution centers in Lino Lakes,
Minnesota and Naperville, Illinois.

SB Partners reported a net loss of $875,000 on $1.08 million of
total revenues for the year ended Dec. 31, 2014, compared to a net
loss of $1.1 million on $896,000 of total revenues for the year
ended Dec. 31, 2013.


SCIENCE APPLICATIONS: Moody's Confirms Ba3 CFR; Outlook Stable
--------------------------------------------------------------
Moody's Investors Service has confirmed the ratings of Science
Applications International Corporation, including the Corporate
Family Rating of Ba3.  The rating outlook is stable.  This action
concludes the review for upgrade that commenced on June 16th.  The
review followed the reduction in adjusted debt from changes in
Moody's approach for capitalizing operating leases.  The updated
approach for standard adjustments for operating leases is explained
in the cross-sector rating methodology Financial Statement
Adjustments in the Analysis of Non-Financial Corporations,
published on June 15th.  While the reduction of adjusted debt
better positions the company's CFR within the Ba3 rating band and
could ultimately contribute to upward rating momentum, it alone is
insufficient to support a higher rating.

RATINGS RATIONALE

The Corporate Family Rating of Ba3 reflects the company's mid-tier
size, well recognized brand name within defense/intelligence
services contracting, and more suitable credit metrics for the
rating level given the revised approach for capitalizing operating
leases.  The anticipated FYE 1/31/16 debt/EBITDA ratio, pro forma
for acquisition of Scitor Holdings on May 4th, is about 3.7x with a
retained cash flow/net debt ratio of just below 20%.  The
acquisition of Scitor re-establishes SAIC's presence within the
intelligence community, which ended upon spin-off from Leidos
(September 2013) because Leidos retained those contracts.  Greater
agency customer diversity expands the range of contract
opportunities that can be pursued.

Tempering considerations of the rating include a limited track
record as a stand-alone business, competitive intensity and the
high pace of industry consolidation.  SAIC has a limited record
with respect to operating acquired businesses and the Scitor
purchase was all-debt funded.  Consolidation of the defense
services sector is unfolding rapidly and acquisitions will likely
remain a part of the company's plans.  Federal outlays for
defense/intelligence services will probably stop declining in 2016
but operators are becoming more efficient and competitive intensity
will remain keen as the government continues emphasizing value in
its procurements.

The stable rating outlook considers the good conversion of earnings
to free cash flow that defense services companies typically
exhibit.  Retention of said cash flow could help SAIC reduce debt
or the extent of debt for acquisition spending.

The speculative grade liquidity rating of SGL-2, indicating a good
short term liquidity profile, reflects the low likelihood of
revolver utilization, cash at or above $150 million and expanding
covenant headroom into 2016 with term loan reduction.

Ratings:
Outlook Actions:

Issuer: Science Applications International Corp
  Outlook, Changed To Stable From Rating Under Review

Confirmations:

Issuer: Science Applications International Corp
  Probability of Default Rating, Confirmed at Ba3-PD
  Corporate Family Rating, Confirmed at Ba3
  Senior Secured Bank Credit Facility, Confirmed at Ba2 (LGD3)

Affirmations:

Issuer: Science Applications International Corp
  Speculative Grade Liquidity Rating, Affirmed SGL-2

Upward rating momentum would depend on revenue and backlog growth,
achievement of higher operating margin (approaching 7%),
debt/EBITDA in the low 3x range and RCF/net debt above 25%.
Downward rating pressure would build with debt/EBITDA in the mid 4x
range, free cash flow/debt below 10%, or weakening liquidity.

Science Applications International Corporation is a provider of
technical, engineering and enterprise information technology
services primarily to the U.S. government, including the Department
of Defense and federal civilian agencies.  The company was spun-off
from Leidos Holdings, Inc. on Sept. 27, 2013.  Annual revenues pro
forma for the acquisition of Scitor Corporation are approximately
$4.5 billion.

The principal methodology used in these ratings was Global
Aerospace and Defense Industry published in April 2014.



SEANERGY MARITIME: Annual Meeting Set for September 23
------------------------------------------------------
Seanergy Maritime Holdings Corp. notified its shareholders that an
annual meeting will be held at the Company's executive offices at
16 Grigoriou Lambraki Street, 2nd Floor, 16674 Glyfada, Athens,
Greece, on Sept. 23, 2015, at 6:00 p.m. local time.

At the Meeting, holders of shares of the Company's common stock
will consider and vote upon proposals:

   1. To elect one Class C Director to serve until the 2018 Annual
      Meeting of Shareholders;

   2. To approve the appointment of Ernst & Young (Hellas)
      Certified Auditors - Accountants S.A. to serve as the
      Company's independent auditors for the fiscal year ending
      Dec. 31, 2015; and

   3. To transact other such business as may properly come before
      the Meeting or any adjournment thereof.

Adoption of Proposal One requires the vote of a plurality of the
votes cast at the Meeting.  Adoption of Proposal Two requires the
vote of the holders of a majority of the shares attending and
voting at the Meeting.

                           About Seanergy

Athens, Greece-based Seanergy Maritime Holdings Corp. is an
international company providing worldwide seaborne transportation
of dry bulk commodities.  The Company owns and operates a fleet
of seven dry bulk vessels that consists of three Handysize, two
Supramax and two Panamax vessels.  Its fleet carries a variety of
dry bulk commodities, including coal, iron ore, and grains, as
well as bauxite, phosphate, fertilizer and steel products.

Ernst & Young (Hellas) Certified Auditors-Accountants S.A., in
Athens, Greece, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2014,
citing that following the disposal of the Company's entire fleet in
early 2014 in the context of its restructuring plan, the Company
was unable to generate sufficient cash flow to meet its obligations
and sustain its continuing operations that raise substantial doubt
about the Company's ability to continue as a going concern.

As of March 31, 2015, the Company had $19.8 million in total
assets, $13.3 million in total liabilities and $6.5 million in
total stockholders' equity.

The Company disclosed net income of $80.3 million on $2.01 million
of net vessel revenue for the year ended Dec. 31, 2014, compared
with net income of $10.9 million on $23.1 million of net vessel
revenue for the year ended Dec. 31, 2013.


SEARS HOLDINGS: Edward Lampert Reports 53% Stake as of Aug. 17
--------------------------------------------------------------
In open market purchases on Aug. 6, 2015, Aug. 7, 2015, and Aug.
10, 2015, Edward S. Lampert acquired an aggregate of 277,252 shares
of Sears Holdings Corporation common stock for aggregate
consideration of approximately $6,345,241 using personal funds.  As
a result of the transaction, Mr. Lampert beneficially owned
62,696,806 common shares of Holdings as of Aug. 17, 2015, which
represents 53 percent of the shares outstanding.

As of Aug. 18, 2015, affiliates of Mr. Lampert may be deemed to
beneficially own these shares of Holdings Common Stock:

                                    Number of      Percentage
                                      Shares           of
                                  Beneficially    Outstanding
Reporting Person                     Owned          Shares
----------------                 ------------    -----------
ESL Partners, L.P.                 62,339,866        55.7%  
SPE I Partners, LP                   150,124          0.1%
SPE Master I, LP                     193,341          0.2%
RBS Partners, L.P.                 62,683,331          56%
ESL Institutional Partners, L.P.     12,573           0.0%
RBS Investment Management, L.L.C.    12,573           0.0%
CRK Partners, LLC                     902             0.0%
ESL Investments, Inc.              62,696,806          56%

On Aug. 17, 2015, Holdings announced the results of the Offer
through Aug. 14, 2015.  Pursuant to the Offer, certain of the
Reporting Persons tendered Notes with an aggregate principal amount
of $164,899,000 of Notes in the Offer, prior to the Early Tender
Date, which Notes were accepted by Holdings and settled on Aug. 17,
2015.

A copy of the regulatory filing is available for free at:

                       http://is.gd/9b9No4

                         About HD Supply

HD Supply, Inc., headquartered in Atlanta, Georgia, is one of the
largest North American wholesale distributors supporting
residential and non-residential construction and to a lesser
extent electrical consumption and repair and remodeling.  HDS also
provides maintenance, repair and operations services.  Its
businesses are organized around three segments: Infrastructure and
Energy; Maintenance, Repair & Improvement; and, Specialty
Construction.  HDS operates through approximately 800 locations
throughout the U.S. and Canada serving contractors, government
entities, maintenance professionals, home builders and
professional businesses.

As of May 3, 2015, HD Supply had $6.3 billion in total assets, $6.8
billion in total liabilities and a $498 million total stockholders'
deficit.

                           *     *     *

As reported by the TCR on Aug. 5, 2015, Moody's Investors Service
upgraded HD Supply, Inc.'s Corporate Family Rating to B2 from B3
and revised its rating outlook to positive from stable, since key
debt credit metrics are becoming more supportive of higher ratings.
The upgrade of HDS's Corporate Family Rating to B2 from B3 and the
change in rating outlook to positive from stable results from
Moody's expectations for key debt credit metrics becoming more
supportive of higher ratings, due to solid operating performance
and lower levels of balance sheet debt.

The TCR reported in August 2015 that Standard & Poor's Ratings
Services said that it has raised its corporate credit rating on
Atlanta-based industrial distributor HD Supply Inc. to 'B+' from
'B'.  "The upgrade reflects the company's consistently good
operating performance over the past 12 months, which has caused its
leverage to fall below 6x as of May 3, 2015," said Standard &
Poor's credit analyst Svetlana Olsha.


SIMON WORLDWIDE: Posts $192,000 Net Loss for Second Quarter
-----------------------------------------------------------
Simon Worldwide, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $192,000 on $0 of revenue for the three months ended June 30,
2015, compared to a net loss of $1.03 million on $0 of revenue for
the same period during the prior year.

For the six months ended June 30, 2015, the Company reported a net
loss of $476,000 on $0 of revenue compared to a net loss of $2.1
million on $0 of revenue for the same period a year ago.

As of June 30, 2015, the Company had $806,000 in total assets,
$96,000 in total liabilities, all current, and $710,000 in total
stockholders' equity.

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

                       http://is.gd/36B9Yi

                      About Simon Worldwide

Based in Los Angeles, Simon Worldwide, Inc. (OTC: SWWI) no longer
has any operating business.  Prior to August 2001, the Company
operated as a multi-national full-service promotional marketing
company, specializing in the design and development of high-impact
promotional products and sales promotions.  At Dec. 31, 2009,
the Company held an investment in Yucaipa AEC Associates, LLC, a
limited liability company that is controlled by the Yucaipa
Companies, a Los Angeles, California based investment firm.
Yucaipa AEC in turn principally held an investment in the common
stock of Source Interlink Companies, a direct-to-retail magazine
distribution and fulfillment company in North America, and a
provider of magazine information and front-end management services
for retailers and a publisher of approximately 75 magazine titles.
Yucaipa AEC held this investment in Source until April 28, 2009,
when Source filed a pre-packaged plan of reorganization under
Chapter 11 of the U.S. Bankruptcy Code.

Simon Worldwide reported a net loss of $6.99 million on $0 of
revenue for the year ended Dec. 31, 2014, compared to a net loss of
$3.63 million on $0 of revenue for the year ended Dec. 31, 2013.


SKYSTAR BIO-PHARMA: Gets Nasdaq Listing Non-Compliance Notice
-------------------------------------------------------------
Skystar Bio-Pharmaceutical Company, a China-based manufacturer and
distributor of veterinary medicine, vaccines, micro-organisms and
feed additives, on Aug. 25 disclosed that on August 19, 2015, the
Company received a notification from the Nasdaq Stock Market
informing the Company that because it had not filed its Quarterly
Report on Form 10-Q for the quarter ended June 30, 2015, the
Company was not in compliance with Nasdaq Listing Rule 5250(c)(1).
The Company previously submitted a plan of compliance to Nasdaq,
responded to an initial request for additional information from
Nasdaq, and is preparing responses to a second request for
additional information from Nasdaq.  If its plan is approved by the
Nasdaq staff, the Company may be eligible for a listing exception
of up to 180 calendar days from the date of its initial delinquent
filing (its Annual Report on Form 10-K for the year ended December
31, 2014), or until October 12, 2015, to regain compliance.

The Nasdaq notification letters do not result in the immediate
delisting of the Company's common stock, and the stock will
continue to trade uninterrupted under its current trading symbol.
If the Nasdaq staff concludes that the Company will not be able to
cure the deficiency, or if the Company determines not to submit the
required materials or make the required representations, the
Company's common stock will be subject to delisting by Nasdaq.

           About Skystar Bio-Pharmaceutical Company

Skystar -- http://www.skystarbio-pharmaceutical.com-- is a
China-based developer, manufacturer and distributor of veterinary
healthcare and medical care products.  Skystar has four product
lines: veterinary medicines, probiotics, vaccines and feed
additives formulated and packaged in house across several modern
manufacturing and distributions facilities.  Skystar's distribution
network includes almost 3,000 distribution agents of which 360 are
franchised stores with exclusivity agreements covering 29 provinces
throughout China.


SNOWFLAKE COMMUNITY: Apache Railway Faces Nov. 30 Payment Deadline
------------------------------------------------------------------
Katy Stech, writing for The Wall Street Journal, reported that
supporters of the bankrupt Apache Railway in rural Arizona face a
Nov. 30 deadline to find $7.2 million to pay off investors who they
say will pull the railroad’s steel tracks out of the ground and
sell them for scrap.

According to the report, Apache Railway officials negotiated that
new deadline with investors, led by Los Angeles investment firm
Hackman Capital Partners, who maneuvered to take over the 55-mile
railroad because of an unpaid loan.  The new deadline gives
railroad supporters time to figure out whether they've qualified
for a U.S. Department of Agriculture loan, which would pay off the
investors, the report said, citing railroad lawyer Rob Charles.

                 About Snowflake Community

Snowflake Community Foundation, whose lone significant asset is its
100% ownership of The Apache Railway Co., sought Chapter 11
protection (Bankr. D. Ariz. Case No. 15-bk-06264) in Phoenix on May
20, 2015.  The case is assigned to Judge Madeleine C. Wanslee.  The
Debtor tapped Rob Charles, Esq., at Lewis Roca Rothgerber LLP, in
Tucson, Arizona, as counsel.


SPENDSMART NETWORKS: Incurs $1.3 Million Net Loss in Q2
-------------------------------------------------------
Spendsmart Networks, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $1.29 million on $1.98 million of total revenues for the three
months ended June 30, 2015, compared to a net loss of $2.48 million
on $1.01 million of total revenues for the same period during the
prior year.

For the six months ended June 30, 2015, the Company reported a net
loss of $2.24 million on $4.09 million of total revenues compared
to a net loss of $5.78 million on $1.67 million of total revenues
for the same period a year ago.

As of June 30, 2015, the Company had $9.99 million in total assets,
$3.61 million in total liabilities and $6.37 million in total
stockholders' equity.

Alex Minicucci, CEO of SMS Masterminds, stated: "Our products and
services are now in over 250 markets with over 4,500,000
subscribers.  We continue to build momentum with our product
offerings resulting in continued revenue growth in the second
quarter of 2015.  Our growing licensee network and expanding
technology continue to assist small and medium size businesses with
growing and engaging their customer base."

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

                        http://is.gd/QIbRGS

                      About SpendSmart Networks

SpendSmart Networks, Inc., provides proprietary loyalty systems
and a suite of digital engagement and marketing services that help
local merchants build relationships with consumers and drive
revenues.  These services are implemented and supported by a vast
network of certified digital marketing specialists, aka "Certified
Masterminds," who drive revenue and consumer relationships for
merchants via loyalty programs, mobile marketing, mobile commerce
and financial tools, such as prepaid card and reward systems.  We
enter into licensing agreements for our proprietary loyalty
marketing solution with "Certified Masterminds" which sell and
support the technology in their respective markets.  The Company's
products aim to make Consumers' dollars go further when they spend
it with merchants in the SpendSmart network of merchants, as they
receive exclusive deals, earn rewards and ultimately build a
connection with their favorite merchants.

SpendSmart Networks incurred a net loss of $12.2 million on $4.03
million of total revenues for the year ended Dec. 31, 2014,
compared to a net loss of $14.09 million on $0 of total revenues
for the year ended Dec. 31, 2013.

EisnerAmper LLP, in Iselin, New Jersey, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2014, citing that the Company has recurring net
losses since inception and has yet to establish a profitable
operation.  These factors among others raise substantial doubt
about the ability of the Company to continue as a going concern.


SPRINGHILL PARTNERS: Court Recommends $889K Judgment vs. Livaditis
------------------------------------------------------------------
Judge Donald R. Cassling of the United States Bankruptcy Court for
the Northern District of Illinois, Eastern Division issued a
proposed findings of fact and conclusions of law on the motion for
summary judgment filed by Richard M. Fogel, in his capacity as
Chapter 7 trustee of the bankruptcy estate of Springhill Partners,
LLC.

The Trustee sought judgment against John Livaditis on Counts I, II,
and III of the First Amended Complaint in the amount of $888,936.
Livaditis has been the managing general partner of Springhill from
its inception until at least March 26, 2015.

Count I of the FAC set forth a claim for an account stated against
Livaditis and sought judgment against him in the sum of $888,936.
Alternatively, Count II of the FAC alleged that Livaditis failed to
repay the financial transactions that were recorded and "booked" as
loans from Springhill in that amount.  Also, alternatively, Count
III of the FAC alleged that Livaditis converted the property of
Springhill and a judgment should be entered against him for the
said amount.

Judge Cassling found that Livaditis has agreed and acquiesced to
the validity of his debt in many ways.  The books of account for
Springhill kept by Livaditis, the determination of the retained
public accountant, and Springhill's tax returns which Livaditis
swore were true, all confirm that Livaditis owes Springhill
$888,936.44.  Thus, the judge found that there is no issue of
material fact and the Trustee is entitled to summary judgment on
Counts I and II of the FAC.  Judge Cassling also recommended for
the entry of judgment in favor of the Trustee and against Livaditis
in the amount of $888,936.

Judge Cassling, however, found that the Trustee has not proven all
of the necessary elements of a claim for conversion.  As a result,
the judge held that summary judgment is not appropriate with
respect to Count III of the FAC.

The bankruptcy case is In re: SPRINGHILL PARTNERS LLC, Chapter 7,
Debtor, BANKRUPTCY NO. 13 B 07724 (Bankr. N.D. Ill.).

The adversary proceeding is RICHARD M. FOGEL, not individually but
as Chapter 7 trustee of the bankruptcy estate of Springhill
Partners LLC, Plaintiff, v. JOHN LIVADITIS, et al., Defendants,
ADVERSARY NO. 14 A 00349 (Bankr. N.D. Ill.).

A full-text copy of Judge Cassling's August 3, 2015 proposed
findings of fact and conclusions of law is available at
http://is.gd/sxpqaTfrom Leagle.com.


SULA INC: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------
Debtor: Sula, Inc.
        3220 W. Temple Ave.
        Pomona, CA 91768

Case No.: 15-23350

Chapter 11 Petition Date: August 25, 2015

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

Judge: Hon. Deborah J. Saltzman

Debtor's Counsel: Giovanni Orantes, Esq.
                  THE ORANTES LAW FIRM, APC
                  3435 Wilshire Blvd Ste 2920
                  Los Angeles, CA 90010
                  Tel: 888-619-8222
                  Fax: 877-789-5776
                  Email: go@gobklaw.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Constantino Bandy, Jr., president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/cacb15-23350.pdf


SUNVALLEY SOLAR: Delays Q2 Form 10-Q for Review
-----------------------------------------------
Sunvalley Solar, Inc. filed with the U.S. Securities and Exchange
Commission a Notification of Late Filing on Form 12b-25 with
respect to its quarterly report on Form 10-Q for the quarter ended
June 30, 2015.  The Company said its auditor was not given
sufficient time to complete its review of its financial statements
before the filing deadline for the report.

Sunvalley estimates that it will report a net loss of approximately
$238,387 for the three months ended June, 2015, as compared to a
net loss of $273,896 reported for the three months ended June 30,
2014.

                        About Sunvalley Solar

Sunvalley Solar, Inc., is a California-based solar power
technology and system integration company.  Since the inception of
its business in 2007, the company has focused on developing its
expertise and proprietary technology to install residential,
commercial and governmental solar power systems.

Sunvalley Solar reported a net loss of $1.28 million on $3.31
million of revenues for the year ended Dec. 31, 2014, compared with
net income of $764,000 on $4.09 million of revenues for the year
ended Dec. 31, 2013.

As of March 31, 2015, the Company had $6.34 million in total
assets, $5.78 million in total liabilities and $561,000 in total
stockholders' equity.

Sadler, Gibb & Associates, LLC, in Salt Lake City, UT, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2014, citing that the
Company has an accumulated deficit of $3.65 million, which raises
substantial doubt about its ability to continue as a going concern.


TALEN ENERGY: Moody's Affirms Ba2 CFR & Revises Outlook to Neg.
---------------------------------------------------------------
Moody's Investors Service affirmed Talen Energy Supply's corporate
family rating at Ba2 and revised its outlook to negative from
stable.  At the same time, Moody's assigned a Ba3 senior unsecured
rating to $237.57 million of Pennsylvania Economic Development
Financing Authority's revenue bonds currently being remarketed by
Talen.

The negative outlook reflects the sustained downward trend in gas
and power prices in the unregulated markets in the US.  Although
the results of PJM's capacity market auction for 2018/2019 released
on August 21, 2015 will lead to an incremental improvement to
Talen's cash flow, this will be insufficient to offset the declines
in the broader energy markets.  The negative outlook is also driven
by our expectation that the pending acquisition of Mach Gen LLC
will incrementally worsen Talen's cash flow to debt leverage.
Moody's notes that the acquisition will, however, improve Talen's
business risk profile because the acquired assets are efficient gas
plants which are currently in favor due to low gas prices and lower
CO2 emissions than coal.  The plants will also somewhat improve the
company's geographic diversification because they are located
outside of the PJM market where most of Talen's assets are
concentrated.

RATINGS RATIONALE

Talen's Ba2 CFR rating reflects a combination of factors that
include the inherent volatility of the merchant power market which
is currently in the midst of a prolonged cyclical downturn, the
above average portfolio quality of its generation assets, and
similar levels of debt leverage relative to its independent
merchant energy peers.

Talen's rating considers the current poor merchant market
conditions with low commodity prices and oversupply.  The sharp
fall in gas prices of almost $1/MMBtu experienced in December 2014
has been sustained.  While the drop has not necessarily translated
to a similar fall in power prices in the forward market, we believe
it is only a matter of time before forward power prices will fall
as well.  Despite the recent reforms in the capacity market
incorporating capacity performance, PJM's latest capacity prices
fundamentally reflect an oversupplied market with a reserve margin
of around 19.8% for the 2018/2019 delivery year, well in excess of
the 15.7% target reserve margin required for reliability.

On a relative basis, Talen has an above average asset portfolio.
After accounting for FERC required divestments, Talen operates with
competitive size and scale (14 GW of generating capacity) and a
generation portfolio that has a good mix of fuel type and merit
order diversity.  Although Talen's assets are geographically
concentrated in the PJM market (83% by generation capacity), we
consider PJM to be among the most favorable locations because it
provides capacity payments to generators scheduled three years
ahead of the product delivery.  The MACH Gen acquisition will add
2.5 GW to Talen's portfolio with more gas generation exposure and
geographic diversity.

Moody's expects Talen's financial leverage, as measured by CFO
Pre-WC/debt, to hover around 17% over the next eighteen months, and
fall to 15% in 2017, due to the lower prices indicated in the
forward market for 2017 which is past the mid-point of the CFO
Pre-WC/Debt range under Moody's methodology for Unregulated
Utilities and Unregulated Power Companies that was published in
October 2014.  However, with sustaining capital expenditures
included, we estimate that the CFO Pre-WC/Debt will fall to 6% in
2016 and 3% in 2017.  Moody's considers 3%, if sustained, to be
clearly weak for the rating and below its peers such as NRG (Ba3
stable) and Calpine (B1 positive).

Liquidity

Talen continues to maintain good liquidity.  Based on Moody's
projections, the demand on its liquidity is expected to be moderate
relative to its available funding sources over the next four
quarters.  The company should generate positive free cash flow over
the next year and has a $1.85 billion secured revolving credit
facility that expires in June 2020.

As of June 30, 2015, the credit facility had $309 million of
letters of credit usage but no cash draws.  The primary financial
covenant in Talen's revolving credit facility is a maximum senior
secured net leverage ratio of 4.5x, to which the company will
continue to comfortably stay in compliance with.

Talen does not have any short-term debt outstanding but does have
$653 million of two long-term debt issues coming due within the
next twelve months.

What Could Change the Rating - Up

The negative outlook limits the likelihood of a near term rating
upgrade.  Prospects for an upgrade would require a marked
improvement in the merchant power markets and CFO Pre-W/C to Debt
metrics rising to the high teen's range on a sustainable basis
which does not appear likely at this point.

What Could Change the Rating - Down

Moody's could downgrade Talen's rating at some point in the next
twelve months if we believe that its Cash Flow to Debt metrics
after sustaining capital expenditure will continue to remain in the
low single digits starting in 2017.

The principal methodology used in these ratings was Unregulated
Utilities and Unregulated Power Companies published in October
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.

Assignments:

Issuer: Pennsylvania Economic Dev. Fin. Auth.
  Senior Unsecured Revenue Bonds, Assigned Ba3/LGD4

Outlook Actions:

Issuer: Talen Energy Supply, LLC
  Outlook, Changed To Negative From Stable

Affirmations:

Issuer: Pennsylvania Economic Dev. Fin. Auth.
  Senior Unsecured Revenue Bonds, Affirmed Ba3/LGD4

Issuer: RJS Power Holdings LLC
  Senior Unsecured Regular Bond/Debenture, Affirmed Ba3

Issuer: Talen Energy Supply, LLC
  Probability of Default Rating, Affirmed Ba2-PD
  Speculative Grade Liquidity Rating, Affirmed SGL-2
  Corporate Family Rating, Affirmed Ba2
  Senior Secured Bank Credit Facility, Affirmed Baa2/LGD2
  Senior Unsecured Regular Bond/Debenture, Affirmed Ba3/LGD4



TARGETED MEDICAL: Incurs $546K Net Loss in Second Quarter
---------------------------------------------------------
Targeted Medical Pharma, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $546,170 on $1.34 million of total revenue for the
three months ended June 30, 2015, compared to a net loss of
$423,218 on $2.22 million of total revenue for the same period a
year ago.

For the six months ended June 30, 2015, the Company reported a net
loss of $2.22 million on $2.40 million of total revenue compared to
a net loss of $1.39 million on $4.02 million of total revenue for
the same period in 2014.

As of June 30, 2015, the Company had $2.39 million in total assets,
$14.51 million in total liabilities and a total stockholders'
deficit of $12.11 million.

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

                     http://is.gd/09xf0a

                   About Targeted Medical

Los Angeles, Calif.-based Targeted Medical Pharma, Inc., is a
specialty pharmaceutical company that develops and commercializes
nutrient- and pharmaceutical-based therapeutic systems.

Targeted Medical reported a net loss of $3.89 million on $7.11
million of total revenue for the year ended Dec. 31, 2014, compared
to a net loss of $9.33 million on $9.55 million of total revenue in
2013.

Marcum LLP, in Irvine, CA, issued a "going concern" qualification
on the consolidated financial statements for the year ended
Dec. 31, 2014, citing that the Company has incurred significant net
losses since its inception.  The Company had an accumulated deficit
of $26.9 million and negative working capital of $11.8 million as
of Dec. 31, 2014.  In addition, the Company has incurred net losses
since inception and incurred a net loss of $3.90 million for the
year ended Dec. 31, 2014.  The foregoing matters raise substantial
doubt about the Company's ability to continue as a going concern.


TECHPRECISION CORP: Reports $206,000 Net Income for 2nd Quarter
---------------------------------------------------------------
TechPrecision Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
of $206,351 on $4.37 million of net sales for the three months
ended June 30, 2015, compared to a net loss of $1.27 million on
$6.23 million of net sales for the same period in 2014.

As of June 30, 2015, the Company had $10.97 million in total
assets, $10.46 million in total liabilities and $509,261 in total
stockholders' equity.

At June 30, 2015, the Company had cash and cash equivalents of $1.5
million, of which $16,005 is located in China and may not be able
to be repatriated for use in the United States without undue cost
or expense, if at all.  Net cash provided by operating activities
was $379,309 for the three months ended June 30, 2015, which
includes an advance payment of $507,835 received on
April 17, 2015 under an Assignment of Claim Agreement.  

"We continue to reduce our operating expenses to stay in line with
current business conditions.  Our profit margins have improved
significantly for the three months ended June 30, 2015, when
compared with the three months ended June 30, 2014.  As a result,
we recorded net income of $206,351 for the three months ended June
30, 2015 compared with a net loss of $1.3 million for the three
months ended June 30, 2014," the Company said in the filing.

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

                         http://is.gd/Qwfyzx

                         About TechPrecision

TechPrecision Corporation (OTC BB: TPCSE), through its wholly owned
subsidiaries, Ranor, Inc., and Wuxi Critical Mechanical Components
Co., Ltd., globally manufactures large-scale, metal fabricated and
machined precision components and equipment.

TechPrecision reported a net loss of $7.09 million for the year
ended March 31, 2014, as compared with a net loss of $2.41 million
for the year ended March 31, 2013.

KPMG LLP, in Philadelphia, Pennsylvania, issued a "going concern"
qualification on the consolidated financial statements for the year
ended March 31, 2013.  The independent auditors noted that the
Company was not in compliance with the fixed charges and interest
coverage financial covenants under their credit facility, and the
Bank has not agreed to waive the non-compliance with the covenants.
  Since the Company is in default, the Bank has the right to
accelerate payment of the debt in full upon 60 days written notice.
The Company has suffered recurring losses from operations, and the
Company's liquidity may not be sufficient to meet its debt service
requirements as they come due over the next
twelve months.  These circumstances raise substantial doubt about
the Company's ability to continue as a going concern.


TECHPRECISION CORP: Reports First Quarter 2016 Financial Results
----------------------------------------------------------------
TechPrecision Corporation reported net income of $206,351 on $4.37
million of net sales for the three months ended June 30, 2015,
compared to a net loss of $1.27 million on $6.23 million of net
sales for the same period a year ago.

As of June 30, 2015, the Company had $10.97 million in total
assets, $10.46 million in total liabilities and $509,261 in total
stockholders' equity.

"Opening the first quarter of fiscal year 2016 with net profit is
certainly a significant achievement for all of us.  This is the
first profitable quarter the Company has reported since June 30,
2011 and the first profitable quarter since I joined the Company
back in late June, 2014.  We achieved this result with our
consistent sharp focus on productivity initiatives, resource
realignment, and top line growth with key customers.  We improved
profitability on a sales volume that was 30% lower than the same
period last fiscal year.  We ended the first quarter of fiscal year
2016 with a 39% decrease in selling, general, and administrative
expense, and a positive gross margin of 29% compared to 3.5% for Q1
FY15," stated Alexander Shen, TechPrecision's chief executive
officer.

"Moving forward, we intend to maintain the sharp focus that got us
to this point of our recovery.  We plan to increase our backlog and
focus on new business contracts which utilize our core competencies
in custom, large scale, high precision fabrication and machining,
with our core customers, which leverage our established expertise,
certifications, and qualifications in the defense, nuclear, and
precision industrial sectors.  We must continue to execute and
maintain operational run rate improvements to improve gross
margins, and increase the amount of cash generated from
operations."

At June 30, 2015, TechPrecision had negative working capital of
$1.9 million as compared with negative working capital of $2.0
million at March 31, 2015.  Current liabilities at June 30, 2015,
included $2.2 million of short-term debt obligations which the
Company is currently looking to refinance on a long-term basis.  As
of June 30, 2015, the Company had $1.5 million in cash and cash
equivalents compared to $1.3 million at March 31, 2015.

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

                       http://is.gd/oONiso

                       About TechPrecision

TechPrecision Corporation (OTC BB: TPCSE), through its wholly owned
subsidiaries, Ranor, Inc., and Wuxi Critical Mechanical Components
Co., Ltd., globally manufactures large-scale, metal fabricated and
machined precision components and equipment.

TechPrecision reported a net loss of $7.09 million for the year
ended March 31, 2014, as compared with a net loss of $2.41 million
for the year ended March 31, 2013.

KPMG LLP, in Philadelphia, Pennsylvania, issued a "going concern"
qualification on the consolidated financial statements for the year
ended March 31, 2013.  The independent auditors noted that the
Company was not in compliance with the fixed charges and interest
coverage financial covenants under their credit facility, and the
Bank has not agreed to waive the non-compliance with the covenants.
Since the Company is in default, the Bank has the right to
accelerate payment of the debt in full upon 60 days written notice.
The Company has suffered recurring losses from operations, and the
Company's liquidity may not be sufficient to meet its debt service
requirements as they come due over the next
twelve months.  These circumstances raise substantial doubt about
the Company's ability to continue as a going concern.


THORNTON & CO: Bank Balks at Proposed Gordian Employment
--------------------------------------------------------
People's United Bank, N.A., objects to Thornton & Co.'s application
to employ Gordian Group, LLC, as investment banker and financial
advisor, complaining that the Debtor has failed to demonstrate that
the firm is disinterested and the proposed retention of the firm is
consistent with the Debtor's exercise of its sound business
judgment.

Scott Rosen, Esq., at Cohn Birnbaum & Shea P.C., in Hartford,
Connecticut, relates that Gordian commenced work on behalf of
Thornton prior to the Petition Date, and the Debtor's application
fails to disclose, however, that Thornton had in fact retained
Gordian prior to the Petition Date and whether any amounts were
paid or are owed to Gordian on account of its prepetition services
to Thornton.  Without these disclosures, the Bank is unable to
ascertain whether Gordian is truly disinterested for the purposes
of Section 327 of the Bankruptcy Code.

Mr. Rosen further relates that Gordian was paid a prepetition
retainer in the amount of $100,000, of which Gordian has already
applied $40,000 against its monthly fees for July and August.  In
the interest of full disclosure necessary for the employment of
professionals under Section 327, the Debtor should be required to
disclose the amount and source of Gordian's retainer together with
an accounting for the retainer and amounts applied to fees, Mr.
Rosen asserts.

The Bank is also represented by James C. Fox, Esq., and Brendan C.
Recupero, Esq., at Ruberto, Israel & Weiner, P.C., in Boston,
Massachusetts.

                        About Thornton & Co.

Thornton & Co., Inc. is an international distributor, trader and
wholesaler of plastic resins, providing a full offering of
polyethylene and polypropylene products.  J. Paul Thornton, Jr.
founded TCI in 1994.  As of Aug. 1, 2015, TCI had 20 employees,
consisting of 12 people at its Southington, Connecticut
headquarters, and 8 sales representatives who work in various
locations.

Thornton & Co. sought Chapter 11 protection (Bankr. D. Conn. Case
No. 15-21416) on Aug. 10, 2015, in Hartford, Connecticut.  Judge
Ann M. Nevins presides over the case.

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

The Debtor has tapped Green & Sklarz LLC as counsel, and Gordian
Group as financial advisor.


THORNTON & CO: Bank Objects to Proposed Critical Vendor Payment
---------------------------------------------------------------
People's United Bank, N.A., objects to Thornton & Co.'s motion for
authority to pay prepetition claims of critical vendors,
complaining that the motion is replete with factual inaccuracies
and the Debtor has failed to meet its burden of demonstrating the
necessity of the relief requested in the Motion.

The Bank tells the U.S. Bankruptcy Court for the District of
Connecticut, Hartford Division, that the Debtor should not be
permitted to pay prepetition claims of warehousemen and carriers
without first demonstrating the existence of valid purchase order
for the subject inventory and disclosing the financial terms for
the sale and the benefit, if any, to the estate.

As previously reported by The Troubled Company Reporter, the Debtor
explains that it cannot liquidate effectively without the ongoing
support and participation of the Critical Vendors.  If the critical
vendors refuse to do business with the Debtor, then the Debtor will
be unable to ship inventory for sale, the Debtor said.  This will
eliminate approximately $10 million of value for the Debtor and its
estate.

The Bank is represented by Scott Rosen, Esq., at Cohn Birnbaum &
Shea P.C., in Hartford, Connecticut; and James C. Fox, Esq., and
Brendan C. Recupero, Esq., at Ruberto, Israel & Weiner, P.C., in
Boston, Massachusetts.

                        About Thornton & Co.

Thornton & Co., Inc. is an international distributor, trader and
wholesaler of plastic resins, providing a full offering of
polyethylene and polypropylene products.  J. Paul Thornton, Jr.
founded TCI in 1994.  As of Aug. 1, 2015, TCI had 20 employees,
consisting of 12 people at its Southington, Connecticut
headquarters, and 8 sales representatives who work in various
locations.

Thornton & Co. sought Chapter 11 protection (Bankr. D. Conn. Case
No. 15-21416) on Aug. 10, 2015, in Hartford, Connecticut.  Judge
Ann M. Nevins presides over the case.

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

The Debtor has tapped Green & Sklarz LLC as counsel, and Gordian
Group as financial advisor.


TRACK GROUP: Incurs $2.9 Million Net Loss in Second Quarter
-----------------------------------------------------------
Track Group, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $2.90 million on $5.44 million of total revenues for the three
months ended June 30, 2015, compared to a net loss of $2.83 million
on $3.15 million of total revenues for the same period during the
prior year.

For the six months ended June 30, 2015, the Company reported a net
loss of $3.73 million on $14.87 million of total revenues compared
to a net loss of $5.37 million on $8.26 million of total revenues
for the same period a year ago.

As of June 30, 2015, the Company had $55.80 million in total
assets, $38.24 million in total liabililities and $17.55 million in
total equity.

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

                       http://is.gd/Hj1eUc

                        About Track Group

Track Group (formerly SecureAlert) -- http://www.trackgrp.com/--
is a global provider of customizable tracking solutions that
leverage real-time tracking data, best-practice monitoring, and
analytics capabilities to create complete, end-to-end solutions.

SecureAlert incurred a net loss attributable to the Company's
common stockholders of $18.9 million for the year ended Sept. 30,
2013, following a net loss attributable to the Company's common
stockholders of $19.9 million for the fiscal year ended Sept. 30,
2012.

Hansen, Barnett & Maxwell, P.C., in Salt Lake City, Utah, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Sept. 30, 2013.  The independent
auditors noted that the Company has incurred losses, negative cash
flows from operating activities, notes payable in default and has
an accumulated deficit.  These conditions raise substantial doubt
about its ability to continue as a going concern.


TRANS ENERGY: Delays Filing of Second Quarter Form 10-Q
-------------------------------------------------------
Trans Energy, Inc. filed with the U.S. Securities and Exchange
Commission a Notification of Late Filing on Form 12b-25 with
respect to its quarterly report on Form 10-Q for the period ended
June 30, 2015.  The Company expects to file the report within the
prescribed extension period.

                        About Trans Energy

St. Mary's, West Virginia-based Trans Energy, Inc. (OTC BB: TENG)
-- http://www.transenergyinc.com/-- is an independent energy
company engaged in the acquisition, exploration, development,
exploitation and production of oil and natural gas.  Its operations
are presently focused in the State of West Virginia.

Trans Energy reported a net loss of $12.5 million on $27.2 million
of total operating revenues for the year ended Dec. 31, 2014,
compared with a net loss of $17.7 million on $18.4 million of total
operating revenues for the year ended Dec. 31, 2013.

As of March 31, 2015, the Company had $123 million in total assets,
$139 million in total liabilities, and a $15.4 million total
stockholders' deficit.


TRANS ENERGY: Incurs $8.5 Million Net Loss in Second Quarter
------------------------------------------------------------
Trans Energy, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $8.48 million on $3.66 million of total operating revenues for
the three months ended June 30, 2015, compared to a net loss of
$10.94 million on $8.45 million of total operating revenues for the
same period a year ago.

For the six months ended June 30, 2015, the Company reported a net
loss of $5.81 million on $8.09 million of total operating revenues
compared to a net loss of $12.47 million on $18.23 million of total
operating revenues for the same period during the prior year.

As of June 30, 2015, the Company had $103.39 million in total
assets, $126.92 million in total liabilities and a total
stockholders' deficit of $23.53 million.

"Although our current and prior year-to-date revenues were not
sufficient to cover our operating costs and interest expense, we
are focusing on drilling Marcellus Shale wells which, based upon
projections, are expected to increase our cash flow.  If our cash
flows from operations are not sufficient to meet liquidity
requirements, we may need to sell assets, obtain additional
financing or issue equity," the Company states in the report.

A full-text copy of the report is available for free at:

                        http://is.gd/DscYSr

                        About Trans Energy

St. Mary's, West Virginia-based Trans Energy, Inc. (OTC BB: TENG)
-- http://www.transenergyinc.com/-- is an independent energy
company engaged in the acquisition, exploration, development,
exploitation and production of oil and natural gas.  Its
operations are presently focused in the State of West Virginia.

Trans Energy reported a net loss of $12.5 million on $27.2 million
of total operating revenues for the year ended Dec. 31, 2014,
compared with a net loss of $17.7 million on $18.4 million of total
operating revenues for the year ended Dec. 31, 2013.


TRANSGENOMIC INC: Amends 2014 Annual Report to Update Information
-----------------------------------------------------------------
Transgenomic Inc. filed an amendment to its annual report on Form
10-K/A to amend the Company's Annual Report on Form 10-K for the
fiscal year ended Dec. 31, 2014, which was originally filed with
the Securities and Exchange Commission on April 15, 2015.

The amendment was filed to update the biographical information for
Paul Kinnon that was included under the heading "Executive Officers
of the Registrant" under Part I, "Item 1. Our Business" of the
Original Form 10-K and was incorporated by reference into Part III,
"Item 10. Directors, Executive Officers and Corporate Governance"
of the Original Form 10-K.

Mr. Kinnon, age 51, has served as the Company's president and chief
executive officer and a director since September 2013 and as the
Company's interim chief financial officer since October 2014. Mr.
Kinnon has more than 20 years of global leadership experience in
innovative life science and diagnostics companies.  From January
through August 2013, he provided consulting services to the life
science sector as a Partner at Arch Global Research. During a
portion of this time, Mr. Kinnon provided consulting services to
the Company.

From January 2007 to December 2012, Mr. Kinnon was president, chief
executive officer and a director of ZyGEM Corporation Limited, a
biotechnology company, where he transformed the company from a
regional enzyme provider into a leader in integrated microfluidic
technologies for forensic and clinical diagnostic applications.
From May 2006 to June 2007, Mr. Kinnon was vice president & general
manager Environmental Diagnostics (later expanded to Applied
Markets) at Invitrogen Corporation (now Life Technologies), a high
growth life sciences and diagnostics firm, and from October 2004
until April 2006, he was vice president, Global Strategic Alliances
at Invitrogen.  Previously, Mr. Kinnon also held business, sales
and marketing roles of increasing responsibility at Guava
Technologies, Inc., Cellomics, Inc. and other life science
companies.  Mr. Kinnon earned his Bachelor of Sciences degree in
Applied Chemistry at Coventry University in the United Kingdom and
holds a Diploma of Marketing.  A petition in bankruptcy was filed
against ZyGEM Corporation Limited in April 2013.

                         About Transgenomic

Transgenomic, Inc. -- http://www.transgenomic.com/-- is a global
biotechnology company advancing personalized medicine in
cardiology, oncology, and inherited diseases through its
proprietary molecular technologies and world-class clinical and
research services.  The Company is a global leader in cardiac
genetic testing with a family of innovative products, including
its C-GAAP test, designed to detect gene mutations which indicate
cardiac disorders, or which can lead to serious adverse events.
Transgenomic has three complementary business divisions:
Transgenomic Clinical Laboratories, which specializes in molecular
diagnostics for cardiology, oncology, neurology, and mitochondrial
disorders; Transgenomic Pharmacogenomic Services, a contract
research laboratory that specializes in supporting all phases of
pre-clinical and clinical trials for oncology drugs in
development; and Transgenomic Diagnostic Tools, which produces
equipment, reagents, and other consumables that empower clinical
and research applications in molecular testing and cytogenetics.
Transgenomic believes there is significant opportunity for
continued growth across all three businesses by leveraging their
synergistic capabilities, technologies, and expertise.  The
Company actively develops and acquires new technology and other
intellectual property that strengthens its leadership in
personalized medicine.

Transgenomic reported a net loss available to common stockholders
of $15.1 million in 2014, a net loss available to common
stockholders of $16.7 million in 2013 and a net loss available to
common stockholders of $8.98 million in 2012.

As of March 31, 2015, the Company had $34.5 million in total
assets, $24.4 million in total liabilities and $10 million in
total stockholders' equity.

Ernst & Young LLP, in Hartford, Connecticut, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing that the Company has recurring
losses from operations that raise substantial doubt about its
ability to continue as a going concern.


TRANSGENOMIC INC: Incurs $3.6 Million Net Loss in Second Quarter
----------------------------------------------------------------
Transgenomic, Inc. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
available to common stockholders of $3.60 million on $7.04 million
of net sales for the three months ended June 30, 2015, compared to
a net loss available to common stockholders of $4.19 million on
$6.76 million of net sales for the same period during the prior
year.

For the six months ended June 30, 2015, the Company reported a net
loss available to common stockholders of $6.97 million on $13.55
million of net sales compared to a net loss available to common
stockholders of $8.60 million on $13.01 million of net sales for
the same period in 2014.

As of June 30, 2015, the Company had $31.40 million in total
assets, $20.48 million in total liabilities and $10.92 million in
total stockholders' equity.

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

                        http://is.gd/ckVcX3

                         About Transgenomic

Transgenomic, Inc. -- http://www.transgenomic.com/-- is a global
biotechnology company advancing personalized medicine in
cardiology, oncology, and inherited diseases through its
proprietary molecular technologies and world-class clinical and
research services.  The Company is a global leader in cardiac
genetic testing with a family of innovative products, including
its C-GAAP test, designed to detect gene mutations which indicate
cardiac disorders, or which can lead to serious adverse events.
Transgenomic has three complementary business divisions:
Transgenomic Clinical Laboratories, which specializes in molecular
diagnostics for cardiology, oncology, neurology, and mitochondrial
disorders; Transgenomic Pharmacogenomic Services, a contract
research laboratory that specializes in supporting all phases of
pre-clinical and clinical trials for oncology drugs in
development; and Transgenomic Diagnostic Tools, which produces
equipment, reagents, and other consumables that empower clinical
and research applications in molecular testing and cytogenetics.
Transgenomic believes there is significant opportunity for
continued growth across all three businesses by leveraging their
synergistic capabilities, technologies, and expertise.  The
Company actively develops and acquires new technology and other
intellectual property that strengthens its leadership in
personalized medicine.

Transgenomic reported a net loss available to common stockholders
of $15.1 million in 2014, a net loss available to common
stockholders of $16.7 million in 2013 and a net loss available to
common stockholders of $8.98 million in 2012.

Ernst & Young LLP, in Hartford, Connecticut, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing that the Company has recurring
losses from operations that raise substantial doubt about its
ability to continue as a going concern.

(Jhonas SEC August 16 4)


TWIN RINKS: Court Okays Hiring of Joseph Broderick as Accountants
-----------------------------------------------------------------
Twin Rinks At Eisenhower, LLC sought and obtained permission from
the Hon. Robert E. Grossman of the U.S. Bankruptcy Court for the
Eastern District of New York to employ Joseph A. Broderick, P.C. as
accountants.

The Debtor requires Broderick to:

   (a) give accounting advice with respect to the Debtor's powers
       and duties;

   (b) analyze all transfers pre- and post-petition that may be
       avoidable by the Debtor;

   (c) analyze all claims filed against the Debtor's estate;

   (d) prepare all necessary operating statements, schedules and
       tax documents for filing and reviewing proposed
       transactions concerning any tax consequences; and

   (e) perform any other accounting services for the Debtor in
       connection with this Chapter 11 cases.

Broderick will be paid at these hourly rates:

       Partners                   $300
       Seniors                    $150
       Staff/Paraprofessionals    $75

Broderick estimates its fees will be in the amount of $30,000.00
for the entire case.

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

Joseph Broderick 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.

Broderick can be reached at:

       Joseph A. Broderick
       JOSEPH A. BRODERICK, P.C.
       50 Vanderbilt Motor Pkwy
       Commack, NY 11725
       Tel: (631) 462-1779

                         About Twin Rinks

Twin Rinks At Eisenhower, LLC, an East Meadow, New York-based
ice skating rink operator and entertainment business, sought
Chapter 11 bankruptcy protection (Bankr. E.D.N.Y. Case No.
15-72466) on June 8, 2015, with plans to sell its business and
its assets as a going concern.

The Debtor disclosed $52.4 million in assets and $55.2 million in
debt as of May 25, 2015.  

The Debtor tapped Jones & Schwartz, P.C., as counsel, and Greenspan
Associates, CPAs, as accountants.

The U.S. Trustee appointed three creditors to serve on the official
committee of unsecured creditors.  The Committee tapped Meyer,
Suozzi, English & Klein, P.C. as its general counsel.


U.S. RENAL: Moody's Puts B2 CFR Under Review for Downgrade
----------------------------------------------------------
Moody's Investors Service placed the ratings of U.S. Renal Care,
Inc. under review for downgrade, including the company's B2
Corporate Family Rating and B2-PD Probability of Default Rating.
The rating action follows the announcement on August 24, 2015, that
U.S. Renal entered into a definitive merger agreement with Dialysis
Newco, Inc.  Following the close of the transaction, DSI Renal's
ratings will be withdraw.  The financial terms and proposed new
capital structure have not been announced.

DSI Renal (B3 stable) is a dialysis services provider and operates
100 clinics, 53 of which have home dialysis programs, across 22
states.

Moody's review will focus on the expected performance of the
combined entities, the proposed capital structure and strategy for
deleveraging, the timing and magnitude of synergies realized, as
well as the combined organization's free cash flow capabilities and
liquidity.

These ratings were placed under review for downgrade:

  U.S. Renal Care, Inc.
  Corporate Family Rating at B2
  Probability of Default Rating at B2-PD
  First lien term loan at Ba3 (LGD 3)
  Second lien term loan at Caa1 (LGD 5)

RATING RATIONALE

U.S. Renal's B2 Corporate Family Rating (ratings under review for
downgrade) reflects high financial leverage associated with an
aggressive acquisition strategy and a shareholder friendly
financial policy.  The rating is also constrained by Moody's
expectation of modest free cash flow available for debt repayment
after considering higher interest expense and capital spending
related to investments in newly established facilities.
Furthermore, the company's scale is relatively small compared to
the two largest players in the sector and revenues remain highly
concentrated in reimbursement from government based programs.  The
rating benefits from Moody's expectation of a stable industry
profile characterized by the increasing incidence of end stage
renal disease and the medical necessity of the service provided.

The principal methodology used in these ratings was Global
Healthcare Service Providers published in December 2011.

U.S. Renal Care provides dialysis services to patients who suffer
from chronic kidney failure.  U.S. Renal provides dialysis services
through 194 outpatient facilities in 20 states and the Territory of
Guam, along with acute dialysis services through contractual
relationships with hospitals and dialysis centers to patients in
their homes.  U.S. Renal is owned by private equity sponsors,
Leonard Green & Partners, L.P., Cressey & Company, SV Life Science
and management.



VERTICAL COMPUTER: Receives US Patent #9,112,832
------------------------------------------------
The United States Patent and Trademark Office issued Vertical
Computer Systems, Inc. a patent (US Patent #9,112,832) titled
"System and Method for Running a Web Server on a Mobile Internet
Device" on Aug. 18, 2015.

This patent has 25 claims and covers the TinyWebServer, which is
also a component of the Company's Mobile Framework.  It provides a
system and method for a web server that remains active even when
the mobile internet device is being use for telephony.  It also
enables two MIDs to communicate directly to each other via the HTTP
protocol (the main protocol used on the internet) on a peer-to-peer
basis.

                     About Vertical Computer

Richardson, Tex.-based Vertical Computer Systems, Inc., is a
multinational provider of Internet core technologies, application
software, and software services through its distribution network
with operations or sales in the United States, Canada and Brazil.

Vertical Computer reported a net loss applicable to common
stockholders of $2.07 million on $7.43 million of total revenues
for the year ended Dec. 31, 2014, compared to a net loss applicable
to common stockholders of $3.08 million on $6.05 million of total
revenues for the year ended Dec. 31, 2013.

As of June 30, 2015, the Company had $1.1 million in total assets,
$18.4 million in total liabilities, $9.9 million in convertible
cumulative preferred stock, and total stockholders' deficit of
$27.2 million.

MaloneBailey, LLP, in Houston, Texas, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2014, citing that the Company suffered net losses
and has a working capital deficiency, which raises substantial
doubt about its ability to continue as a going concern.


VICTORY ENERGY: Delays Q2 Form 10-Q for Review
----------------------------------------------
Victory Energy Corporation disclosed with the Securities and
Exchange Commission that its quarterly report on Form 10-Q for the
period ended June 30, 2015, cannot be filed within the prescribed
time.  The Company said the problem is associated with an
unavoidable delay in the required auditor review of the Company's
financial statements for the period ended June 30, 2015, before the
filing deadline.

                       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 March 31, 2015, Victory Energy had $2.40 million in total
assets, $3.50 million in total liabilities and a $1.1 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.


VISCOUNT SYSTEMS: Needs More Time to File Form 10-Q
---------------------------------------------------
Viscount Systems, Inc. was unable to file its quarterly report on
Form 10-Q for the fiscal quarter ended June 30, 2015, on a timely
basis due to the Company gathering information and completing its
review, which required additional time to work internally with its
staff and externally with its outside auditors to prepare and
finalize the Form 10-Q.  The Company expects to file its Form 10-Q
within the additional time allowed by this report.

It is expected that for the three and six months ended June 30,
2015, the Company will report that its revenue increased and cost
and operating expenses decreased compared to those for the
comparable period in 2014.  It is expected that for the six months
ended June 30, 2015, the Company will report that its loss from
operations decreased and net loss decreased compared to those for
the comparable period in 2014, and that for the three months ended
June 30, 2015, the Company will report an operating gain and net
gain compared to losses reported for the comparable period in
2014.

                     About Viscount Systems

Burnaby, Canada-based Viscount Systems, Inc., is a manufacturer,
developer and service provider of access control security
products.

Viscount Systems reported a net loss and comprehensive loss of
C$991,000 on C$4.76 million of sales for the year ended Dec. 31,
2014, compared to a net loss and comprehensive loss of C$3.08
million on C$4.13 million of sales in 2013.

As of March 31, 2015, the Company had C$1.71 million in total
assets, C$3.91 million in total liabilities and a C$2.21 million
total stockholders' deficit.

Dale Matheson Carr-Hilton Labonte LLP, in Vancouver, Canada, issued
a "going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2014, citing that the
Company has incurred losses in developing its business, and further
losses are anticipated in the future.  The Company requires
additional funds to meet its obligations and the costs of its
operations and there is no assurance that additional financing can
be raised when needed.  These factors raise substantial doubt about
the Company's ability to continue as a going concern.


WAVE SYSTEMS: Incurs $7.1 Million Net Loss in Second Quarter
------------------------------------------------------------
Wave Systems Corp. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $7.1 million on $2.57 million of total net revenues for the
three months ended June 30, 2015, compared to a net loss of $3.79
million on $4.43 million of total net revenues for the same period
during the prior year.

For the six months ended June 30, 2015, the Company reported a net
loss of $11.98 million on $5.02 million of total net revenues
compared to a net loss of $7.1 million on $9.77 million of total
net revenues for the same period a year ago.

As of June 30, 2015, the Company had $5.06 million in total assets,
$17.46 million in total liabilities and total stockholders' deficit
of $12.39 million.

"Wave has taken aggressive action to restructure our organization
to retain the critical technical capabilities and highest potential
products and projects while substantially reducing our cash burn
rate.  In addition, Wave will pursue additional financing to allow
us to continue our operations as well as other strategic
alternatives," said Bill Solms, president and CEO, Wave Systems
Corp.  "While Wave's solutions continue to win technical
evaluations against our competition conducted by our prospective
customers, our small size and limited financial resources have made
it difficult to meet our objectives of closing those large
enterprise sales.  The Management and Board of Wave are evaluating
courses of action to address these challenges and our immediate
need for additional capital."

On July 28, 2015, Wave initiated a global restructuring of its
business in conjunction with a review of the Company's options for
raising capital and pursuing customer transactions and other
strategic alternatives.  Wave's restructuring involved reducing the
Company's global workforce to a core team specifically selected to
maintain operations and critical competencies in all strategic
technical, customer support, sales and administrative functions.
The staffing cuts are expected to reduce quarterly operating
expenses by 50% to approximately $3.5 million per quarter with the
full benefit not being reflected until Q4 ‘15 as a result of
foreign labor regulations.  Even with these cost reductions, Wave
will require additional financing in the short term in order to
continue current operations and to pursue capital raising or other
strategic transactions.

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

                        http://is.gd/IG5o9Y

                        About Wave Systems

Lee, Massachusetts-based Wave Systems Corp. (NASDAQ: WAVX) --
http://www.wave.com/-- develops, produces and markets products for
hardware-based digital security, including security applications
and services that are complementary to and work with the
specifications of the Trusted Computing Group, an industry
standards organization comprised of computer and device
manufacturers, software vendors and other computing products
manufacturers.

Wave Systems reported a net loss of $12.9 million in 2014, a net
loss of $20.3 million in 2013 and a net loss of $34 million in
2012.

KPMG LLP, in Hartford, Connecticut, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2014.  The independent auditors noted that
Wave Systems Corp. has suffered recurring losses from operations
and has a net capital deficiency that raise substantial doubt about
its ability to continue as a going concern.

(Jhonas SEC August 16 4)


WILTON HOLDINGS: S&P Raises CCR to 'B-', Outlook Negative
---------------------------------------------------------
Standard & Poor's Ratings Services raised its corporate credit
rating on Woodbridge, Ill.-based Wilton Holdings Inc. to 'B-' from
'SD'.  The outlook is negative.

Concurrently, S&P raised its issue-level rating on the company's
$400 million term loan due 2018 to 'B' from 'CC', and revised the
recovery rating to '2' from '3', indicating S&P's expectation for
substantial (70% to 90%, at the lower end of the range) recovery in
the event of a payment default.

"The upgrade follows completion of the distressed exchange and the
amendment on Wilton's term loan that results in improved covenant
cushion levels and greater operating flexibility," said Standard &
Poor's credit analyst Beverly Correa.  "Although we believe the
company should continue to generate good free operating cash flow,
repay about $40 million of term debt, and maintain EBITDA to cash
interest coverage of at least 3x over the next year, we believe the
company may not meet future debt service requirements because of
continued increases in term loan debt amortization and because its
ABL facility matures in 2017.  Absent further amendments or another
capital structure refinancing, we believe the risk to the company's
credit measures is still material.  Still, in our view, the most
recent amendment provides lenders with additional covenant
protection and will limit draw-down in a simulated default scenario
closer to 60% of the total ABL.  Therefore, recovery prospects on
the term loan are improved."

The negative outlook reflects the company's increasingly burdensome
maturity schedule, including its 2017 ABL maturity. Standard &
Poor's could lower the rating if Wilton is unable maintain improve
operating performance, generate stable free operating cash flow,
and maintain adequate liquidity, including maintaining at least 15%
cushion on its financial covenants.



Z TRIM HOLDINGS: Needs More Time to File 2nd Quarter Form 10-Q
--------------------------------------------------------------
Z Trim Holdings, Inc. was unable to file its quarterly report on
Form 10-Q for its fiscal quarter ended June 30, 2015, by the
prescribed date without unreasonable effort or expense because the
Company was unable to compile certain information required in order
to permit the Company to file a timely and accurate report on the
Company's financial condition.  The Company believes that the
Quarterly Report will be completed within the five day extension
period provided under Rule 12b-25 of the Securities Exchange Act of
1934.

                           About Z Trim

Mundelein, Ill.-based Z Trim Holdings, Inc., is a functional food
ingredient company which provides custom product solutions that
help answer the food industry's problems.  Z Trim's revolutionary
technology provides value-added ingredients across virtually all
food industry categories.  Z Trim's all-natural products, among
other things, help to reduce fat and calories, add fiber, provide
shelf-stability, prevent oil migration, and add binding capacity
-- all without degrading the taste and texture of the final food
products.

Z Trim Holdings reported a net loss of $5.57 million in 2014,
following a net loss of $13.4 million in 2013.

As of March 31, 2015, the Company had $2.03 million in total
assets, $4.47 million in total liabilities and a $2.43 million
total stockholders' deficit.

M&K CPAS, PLLC, in Houston, Texas, issued a "going concern"
qualification on the consolidated financial statements for the
year ended Dec. 31, 2014, citing that the Company does not have
enough cash on hand to meet its current liabilities and has had
reoccurring losses as of Dec. 31, 2014.  These conditions raise
substantial doubt about its ability to continue as a going
concern.


Z'TEJAS SCOTTSDALE: Sept. 25 Auction Set for Some Restaurants
-------------------------------------------------------------
Katy Stech, writing for The Wall Street Journal, reported that
investors who want to challenge a $3.7 million offer for some
Z'Tejas restaurants face a Sept. 15 bid deadline under a sale
timeline recently set by a bankruptcy judge.

According to the report, in his court order signed Aug. 24, Judge
Paul Sala in U.S. Bankruptcy Court in Phoenix set a Sept. 25
auction date for some restaurant in the chain, which filed for
bankruptcy last month, saying consumer spending had fallen while
food and labor costs had grown.  The auction for some restaurants
in the Scottsdale, Ariz., chain will kick off with a $3.7 million
purchase offer from a bidder called Cornbread Ventures LP, which
promised to continue to operate five restaurants in Arizona and
three in Austin, Texas, the report related.

                     About Z'Tejas Scottsdale

Based in Scottsdale, Arizona, Z'Tejas Scottsdale, LLC, et al.,
operate 9 Z'Tejas, Z'Tejas Southwestern Grill and Taco Guild
restaurants within the United States.  The restaurant chain was
founded in 1989 by Larry Foels and Guy Villavso.  Z'Tejas boasts
of
exceptional and innovative food and a unique look at each location
to provide a "non-chain feel".  Five restaurants are in Arizona,
three are in Austin, Texas, and one in Costa Mesa, California.
The
company has 300 full time employees and 425 part-time employees.

Z'Tejas Scottsdale and its affiliates sought Chapter 11 protection
(Bankr. D. Ariz. Lead Case No. 15-09178) in Phoenix on July 22,
2015.  The cases are assigned to Judge Paul Sala.

The Debtors have tapped Nussbaum Gillis & Dinner, P.C., and
Pachulski Stang Ziehl & Jones LLP as attorneys, and Mastodon
Ventures, Inc., as investment banker.

The 11 U.S.C. Sec. 341(a) meeting of creditors is slated for Aug.
25, 2015.

Lender Cornbread Ventures, LP, is represented by Jordan A. Kroop,
Esq., at Perkins Coie LLP, in Phoenix, Arizona.


[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Timothy Allen Mctyre, Sr.
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      Chapter 11 Petition filed August 3, 2015

In re John A. Dibble and Tracy Lee Dibble
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      Chapter 11 Petition filed August 3, 2015
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                         WALSH, BECKER, WOOD & RICE
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In re Bernadette Y Almodiel
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      Chapter 11 Petition filed August 3, 2015

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In re John Charles Sanborn
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In re Penny Lea Lancaster
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      Chapter 11 Petition filed August 3, 2015
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                         LAW OFFICES OF ROBERT L. SIMMONS
                         E-mail: rlsim03@aol.com

In re Antoine J. Gardiner
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      Chapter 11 Petition filed August 3, 2015

In re Edgardo Acevedo Badillo and Jennifer Enid Jimenez Ramos
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      Chapter 11 Petition filed August 3, 2015

In re KTP Builders, Inc.
   Bankr. S.D. Tex. Case No. 15-34109
      Chapter 11 Petition filed August 3, 2015
         See http://bankrupt.com/misc/txsb15-34109.pdf
         represented by: C. Michael Black, Esq.
                         THE LAW OFFICE OF C. MICHAEL BLACK
                         E-mail: cmb@cmblack-lawyer.com

In re Martin Santos and Ada Santos
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      Chapter 11 Petition filed August 3, 2015

In re Rudy's Mexican Food Products, Inc.
   Bankr. W.D. Tex. Case No. 15-51876
      Chapter 11 Petition filed August 3, 2015
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         represented by: Michael J. O'Connor, Esq.
                         LAW OFFICE OF MICHAEL J. O'CONNOR
                         E-mail: oconnorlaw@gmail.com

In re Woodlawn Landscaping, Inc.
   Bankr. E.D. Va. Case No. 15-34068
      Chapter 11 Petition filed August 3, 2015
         See http://bankrupt.com/misc/vaeb15-34068.pdf
         represented by: Graham Thornton Jennings, Jr., Esq.
                         GRAHAM T. JENNINGS, JR., P.C.
                         E-mail: powlaw@verizon.net

In re Stacie Silver
   Bankr. C.D. Cal. Case No. 15-12608
      Chapter 11 Petition filed August 4, 2015

In re Robert Wayne Sedlar
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      Chapter 11 Petition filed August 4, 2015

In re Red Arrow Gold Corporation
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      Chapter 11 Petition filed August 4, 2015
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In re Leburn Properties, LLC
   Bankr. S.D. Fla. Case No. 15-24073
      Chapter 11 Petition filed August 4, 2015
         See http://bankrupt.com/misc/flsb15-24073.pdf
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In re Azar J. Vincent
   Bankr. D. Mass. Case No. 15-13108
      Chapter 11 Petition filed August 4, 2015

In re Rushton Leigh Ardrey
   Bankr. D. Mass. Case No. 15-13109
      Chapter 11 Petition filed August 4, 2015

In re Eastern Funding & Investment, Inc.
   Bankr. D. Mass. Case No. 15-41516
      Chapter 11 Petition filed August 4, 2015
         See http://bankrupt.com/misc/mab15-41516.pdf
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In re Marlex Home Improvements, Inc.
   Bankr. D.N.J. Case No. 15-24687
      Chapter 11 Petition filed August 4, 2015
         See http://bankrupt.com/misc/njb15-24687.pdf
         represented by: Carol L. Knowlton, Esq.
                         GORSKI & KNOWLTON PC
                         E-mail: cknowlton@gorskiknowlton.com

In re Comforcare for MDE, Inc.
   Bankr. D.N.J. Case No. 15-24730
      Chapter 11 Petition filed August 4, 2015
         See http://bankrupt.com/misc/njb15-24730.pdf
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                         MACIAG LAW, LLC
                         E-mail: MaciagLaw1@aol.com

In re The Pizza Chef, Inc.
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      Chapter 11 Petition filed August 4, 2015
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In re Sink & Company, LLC
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      Chapter 11 Petition filed August 4, 2015
         See http://bankrupt.com/misc/ncmb15-50792.pdf
         represented by: Charles (Chuck) Marshall Ivey, IV, Esq.
                         IVEY, MCCLELLAN, GATTON & SIEGMUND, LLP
                         E-mail: cmi4@iveymcclellan.com

In re MWG Trust
   Bankr. N.D. Tex. Case No. 15-33205
      Chapter 11 Petition filed August 4, 2015
         See http://bankrupt.com/misc/txnb15-33205.pdf
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                         J. ELAINE MOSHER & ASSOCIATES, P.C.

In re Hairston Global Protective Services, Inc.
   Bankr. N.D. Tex. Case No. 15-43180
      Chapter 11 Petition filed August 4, 2015
         See http://bankrupt.com/misc/txnb15-43180.pdf
         represented by: Behrooz P. Vida, Esq.
                         THE VIDA LAW FIRM, PLLC
                         E-mail: filings@vidalawfirm.com

In re Maria C Garcia De Alvarez and Alfredo Alvarez Larrazolo
   Bankr. C.D. Cal. Case No. 15-22350
      Chapter 11 Petition filed August 5, 2015

In re Barbara Russo
   Bankr. C.D. Cal. Case No. 15-22352
      Chapter 11 Petition filed August 5, 2015

In re Marco Antonio Vega-Mendez
   Bankr. C.D. Cal. Case No. 15-22360
      Chapter 11 Petition filed August 5, 2015

In re Shiraz R Jivani
   Bankr. N.D. Cal. Case No. 15-42444
      Chapter 11 Petition filed August 5, 2015

In re Muhannad Ahmad
   Bankr. M.D. Ga. Case No. 15-51785
      Chapter 11 Petition filed August 5, 2015

In re Begum Brands Corporation
   Bankr. D. Mass. Case No. 15-13120
      Chapter 11 Petition filed August 5, 2015
         See http://bankrupt.com/misc/mab15-13120.pdf
         represented by: Bill N. Jacob, Esq.
                         LAW OFFICES OF BILL N. JACOB
                         E-mail: bnjlaw@hotmail.com

In re Jimmy Lee Thrash
   Bankr. S.D. Miss. Case No. 15-02421
      Chapter 11 Petition filed August 5, 2015

In re NJ Statewide Management
   Bankr. D.N.J. Case No. 15-24743
      Chapter 11 Petition filed August 5, 2015
         See http://bankrupt.com/misc/njb15-24743.pdf
         represented by: Noah M Burstein, Esq.
                         NOAH M BURSTEIN, ATTORNEY AT LAW
                         E-mail: bursteinlawyer@aol.com

In re 477 West 142nd Street Housing Dev. Fund Corp.
   Bankr. S.D.N.Y. Case No. 15-12178
      Chapter 11 Petition filed August 5, 2015
         filed Pro Se

In re Asher J. Zeitlen
   Bankr. M.D. Pa. Case No. 15-03359
      Chapter 11 Petition filed August 5, 2015

In re Timber Express Export
   Bankr. M.D. Tenn. Case No. 15-05421
      Chapter 11 Petition filed August 5, 2015
         See http://bankrupt.com/misc/tnmb15-05421.pdf
         represented by: Steven L. Lefkovitz, Esq.
                         LAW OFFICES LEFKOVITZ & LEFKOVITZ
                         E-mail: slefkovitz@lefkovitz.com

In re Curtis Van Russell
   Bankr. E.D. Tenn. Case No. 15-13375
      Chapter 11 Petition filed August 5, 2015

In re Ray A. Pledger and Peggy G. Pledger
   Bankr. M.D. Tenn. Case No. 15-05402
      Chapter 11 Petition filed August 5, 2015

In re Evergreen Grill
   Bankr. W.D. Tenn. Case No. 15-27271
      Chapter 11 Petition filed August 5, 2015
         See http://bankrupt.com/misc/tnwb15-27271.pdf
         represented by: Curtis D. Johnson, Jr., Esq.
                         LAW OFFICE OF JOHNSON AND BROWN, P.C.
                         E-mail: johnson775756@gmail.com

In re Divine Ripe, L.L.C.
   Bankr. S.D. Tex. Case No. 15-70405
      Chapter 11 Petition filed August 5, 2015
         See http://bankrupt.com/misc/txsb15-70405.pdf
         represented by: Antonio Martinez, Jr, Esq.
                         LAW OFFICE OF ANTONIO MARTINEZ, JR., P.C.
                         E-mail: martinez.tony.jr@gmail.com

In re Glen H. Hammer and Joan F. Hammer
   Bankr. S.D. Fla. Case No. 15-24199
      Chapter 11 Petition filed August 6, 2015

In re Gateway Auto Detail, Inc.
   Bankr. N.D. Ill. Case No. 15-26873
      Chapter 11 Petition filed August 6, 2015
         See http://bankrupt.com/misc/ilnb15-26873.pdf
         represented by: William J. Delaney, Esq.
                         DELANEY LAW
                         E-mail: bill@delaney-law.com

In re Gian Giuseppe Di Loreto
   Bankr. W.D. Mich. Case No. 15-04451
      Chapter 11 Petition filed August 6, 2015

In re Brett Anderson
   Bankr. D. Nev. Case No. 15-14525
      Chapter 11 Petition filed August 6, 2015

In re Realty & Services Group Inc.
   Bankr. E.D.N.Y. Case No. 15-43650
      Chapter 11 Petition filed August 6, 2015
         See http://bankrupt.com/misc/nyeb15-43650.pdf
         filed Pro Se

In re Richard D. Mayer, Jr.
   Bankr. E.D. Pa. Case No. 15-15640
      Chapter 11 Petition filed August 6, 2015

In re Northeast Inspection Consultants LLC
   Bankr. M.D. Pa. Case No. 15-03384
      Chapter 11 Petition filed August 6, 2015
         See http://bankrupt.com/misc/pamb15-03384.pdf
         represented by: Edward James Kaushas, Esq.
                         KAUSHAS LAW
                         E-mail: Ekaushas@kaushaslaw.com

In re Kunkle Farms, LLC
   Bankr. M.D. Pa. Case No. 15-03390
      Chapter 11 Petition filed August 6, 2015
         See http://bankrupt.com/misc/pamb15-03390.pdf
         represented by: Mark J. Conway, Esq.
                         LAW OFFICES OF MARK J CONWAY PC
                         E-mail: MJC@mjconwaylaw.com

In re Dean A Berman and Sharon G Berman
   Bankr. D. Ariz. Case No. 15-10022
      Chapter 11 Petition filed August 7, 2015

In re Hussain Zahid Imam and Fatima Baig Imam
   Bankr. M.D. Ga. Case No. 15-30834
      Chapter 11 Petition filed August 7, 2015

In re Universal Evangelical Church
   Bankr. D. Md. Case No. 15-20997
      Chapter 11 Petition filed August 7, 2015
         See http://bankrupt.com/misc/mdb15-20997.pdf
         filed Pro Se

In re Ardrina Dorthea Stokes-Davis
   Bankr. D. Md. Case No. 15-21048
      Chapter 11 Petition filed August 7, 2015

In re Lati-Wala, Inc.
   Bankr. D.N.J. Case No. 15-24996
      Chapter 11 Petition filed August 7, 2015
         See http://bankrupt.com/misc/njb15-24996.pdf
         represented by: Laurent W. Metzler, Esq.
                         METZLER & DESANTIS, LLP
                         E-mail: LWM@metzlerdesantis.com

In re Sonshine Equities, LLC
   Bankr. D. Nev. Case No. 15-14538
      Chapter 11 Petition filed August 7, 2015
         See http://bankrupt.com/misc/nvb15-14538.pdf
         represented by: Seth D Ballstaedt, Esq.
                         THE BALLSTAEDT LAW FIRM
                         E-mail: seth@ballstaedtlaw.com

In re 25 Skillen Street, LLC
   Bankr. W.D.N.Y. Case No. 15-11686
      Chapter 11 Petition filed August 7, 2015
         See http://bankrupt.com/misc/nywb15-11686.pdf
         represented by: Robert B. Gleichenhaus, Esq.
                         GLEICHENHAUS, MARCHESE & WEISHAAR, P.C.
                         E-mail: RBG_GMF@hotmail.com

In re Alan W. Giese, Sr. and Carol A. Giese
   Bankr. E.D.N.C. Case No. 15-04298
      Chapter 11 Petition filed August 7, 2015

In re Norman H Johnson and Phylis C Johnson
   Bankr. D. Or. Case No. 15-62693
      Chapter 11 Petition filed August 7, 2015

In re Samuel Burgos Rodriguez and Blanca Vivas Valentin
   Bankr. D.P.R. Case No. 15-06055
      Chapter 11 Petition filed August 7, 2015

In re Verp Investments, LLC
   Bankr. E.D. Tex. Case No. 15-41435
      Chapter 11 Petition filed August 7, 2015
         See http://bankrupt.com/misc/txeb15-41435.pdf
         represented by: Eric A. Liepins, Esq.
                         ERIC A. LIEPINS P.C.
                         E-mail: eric@ealpc.com

In re Parrilla Grill Rest. Inc.
   Bankr. S.D.N.Y. Case No. 15-12210
      Chapter 11 Petition filed August 8, 2015
         See http://bankrupt.com/misc/nysb15-12210.pdf
         represented by: Norma E. Ortiz, Esq.
                         ORTIZ & ORTIZ, LLP
                         E-mail: email@ortizandortiz.com

In re AFS Management Group, INC.
   Bankr. D.P.R. Case No. 15-06091
      Chapter 11 Petition filed August 8, 2015
         See http://bankrupt.com/misc/prb15-06091.pdf
         represented by: Luis D Flores Gonzalez, Esq.
                         LUIS D FLORES GONZALEZ LAW OFFICE
                         E-mail: ldfglaw@coqui.net

In re Hor Chin
   Bankr. S.D.N.Y. Case No. 15-23132
      Chapter 11 Petition filed August 9, 2015

In re The Shahla Dowlati 2005 Living Trust
   Bankr. C.D. Cal. Case No. 15-12667
      Chapter 11 Petition filed August 10, 2015
         See http://bankrupt.com/misc/cacb15-12667.pdf
         represented by: Michael D Kwasigroch, Esq.
                         E-mail: attorneyforlife@aol.com

In re Patrick A. Presley
   Bankr. D. Ariz. Case No. 15-10071
      Chapter 11 Petition filed August 10, 2015

In re Ted Peter Cheron and Loretta Cheron
   Bankr. C.D. Cal. Case No. 15-13989
      Chapter 11 Petition filed August 10, 2015

In re Rita S. Ortiz
   Bankr. N.D. Cal. Case No. 15-42480
      Chapter 11 Petition filed August 10, 2015

In re Fiorillo Fine Mens Wear Inc.
   Bankr. N.D. Cal. Case No. 15-52591
      Chapter 11 Petition filed August 10, 2015
         See http://bankrupt.com/misc/canb15-52591.pdf
         filed Pro Se

In re Jay Wolfe Used Cars of Blue Springs, LLC
   Bankr. D. Del. Case No. 15-11667
      Chapter 11 Petition filed August 10, 2015
         See http://bankrupt.com/misc/deb15-11667.pdf
         represented by: Justin R. Alberto, Esq.
                         BAYARD, P.A.
                         E-mail: jalberto@bayardlaw.com

In re Marion Paul Broome and Patricia A. Donohue
   Bankr. S.D. Fla. Case No. 15-24445
      Chapter 11 Petition filed August 10, 2015

In re Susan Maria Raborn
   Bankr. M.D. La. Case No. 15-10938
      Chapter 11 Petition filed August 10, 2015

In re Samco Oil, LLC
   Bankr. W.D. La. Case No. 15-50986
      Chapter 11 Petition filed August 10, 2015
         See http://bankrupt.com/misc/lawb15-50986.pdf
         represented by: Gregory L. Thibodeaux, Esq.
                         Samco Oil, LLC
                         E-mail: gregthib105@gmail.com

In re Adam Wilding Parrish
   Bankr. M.D. Tenn. Case No. 15-05492
      Chapter 11 Petition filed August 10, 2015

In re Michael's Valley Plumbing & Supplies, Inc.
   Bankr. C.D. Cal. Case No. 15-12679
      Chapter 11 Petition filed August 11, 2015
         See http://bankrupt.com/misc/cacb15-12679.pdf
         represented by: Stephen L. Burton, Esq.
                         E-mail: steveburtonlaw@aol.com

In re Law Office of Peter R. Cabrera, APC
   Bankr. C.D. Cal. Case No. 15-17997
      Chapter 11 Petition filed August 11, 2015
         See http://bankrupt.com/misc/cacb15-17997.pdf
         represented by: Xochitl A. Flores, Esq.
                         XOCHITL ANITA FLORES ATTORNEY AT LAW
                         E-mail: xochitl@floresjustice.com

In re Sheldon Keith Perry
   Bankr. N.D. Cal. Case No. 15-52595
      Chapter 11 Petition filed August 11, 2015

In re Sam & Martin Enterprises, LLC
   Bankr. D. Conn. Case No. 15-31356
      Chapter 11 Petition filed August 11, 2015
         See http://bankrupt.com/misc/ctb15-31356.pdf
         represented by: George C. Tzepos, Esq.
                         LAW OFFICES OF GEORGE C. TZEPOS
                         E-mail: zepseven@sbcglobal.net

In re Upton Family, Inc.
   Bankr. E.D. Ky. Case No. 15-51566
      Chapter 11 Petition filed August 11, 2015
         See http://bankrupt.com/misc/kyeb15-51566.pdf
         represented by: Jamie L. Harris, Esq.
                         DELCOTTO LAW GROUP PLLC
                         E-mail: jharris@dlgfirm.com

In re Whiz Kids Development, LLC
   Bankr. D. Mass. Case No. 15-13167
      Chapter 11 Petition filed August 11, 2015
         See http://bankrupt.com/misc/mab15-13167.pdf
         represented by: Barry R. Levine, Esq.
                         LAW OFFICE OF BARRY R. LEVINE
                         E-mail: barry@levinelawoffice.com

In re Valley View Assets, Inc.
   Bankr. D. Nev. Case No. 15-14577
      Chapter 11 Petition filed August 11, 2015
         See http://bankrupt.com/misc/nvb15-14577.pdf
         represented by: Ryan J. Works, Esq.
                         MCDONALD CARANO WILSON, LLP
                         E-mail: rworks@mcdonaldcarano.com

In re Bensi of Flemington, LLC
        dba Gallo Rosso Bar & Restaurant
   Bankr. D.N.J. Case No. 15-25131
      Chapter 11 Petition filed August 11, 2015
         See http://bankrupt.com/misc/njb15-25131.pdf
         represented by: Kim R. Lynch, Esq.
                         FORMAN HOLT ELIADES & YOUNGMAN, LLC
                         E-mail: klynch@formanlaw.com

In re Anne Dunbar Cline
   Bankr. E.D.N.C. Case No. 15-04367
      Chapter 11 Petition filed August 11, 2015

In re Ildefonso Martinez Santiago
   Bankr. D.P.R. Case No. 15-06132
      Chapter 11 Petition filed August 11, 2015

In re A & I Healthcare, Inc.
   Bankr. S.D. Tex. Case No. 15-70415
      Chapter 11 Petition filed August 11, 2015
         See http://bankrupt.com/misc/txsb15-70415.pdf
         represented by: Catherine Stone Curtis, Esq.
                         STONE CURTIS, PLLC
                         E-mail: ccurtis@ellenstonelaw.com
In re Sabrina Woodard
   Bankr. D.D.C. Case No. 15-00417
      Chapter 11 Petition filed August 12, 2015

In re Meyer Plumbing, Inc.
   Bankr. W.D. Ky. Case No. 15-32583
      Chapter 11 Petition filed August 12, 2015
         See http://bankrupt.com/misc/kywb15-32583.pdf
         represented by: Andrew David Stosberg, Esq.
                         LLOYD & MCDANIEL, PLC
                         E-mail: astosberg@lloydmc.com

In re Judith Carroll Allgood
   Bankr. D. Md. Case No. 15-21229
      Chapter 11 Petition filed August 12, 2015

In re Super El Noa Noa Corp.
   Bankr. E.D.N.Y. Case No. 15-43723
      Chapter 11 Petition filed August 12, 2015
         See http://bankrupt.com/misc/nyeb15-43723.pdf
         represented by: Norma E. Ortiz, Esq.
                         ORTIZ & ORTIZ, LLP
                         E-mail: email@ortizandortiz.com

In re Concept Flooring Workroom Corp.
   Bankr. E.D.N.Y. Case No. 15-73437
      Chapter 11 Petition filed August 12, 2015
         See http://bankrupt.com/misc/nysb15-73437.pdf
         represented by: Timothy M. Kelly, Esq.
                         SURIS & ASSOCIATES
                         E-mail: tkelly@surislaw.com

In re Owen Lombardi
   Bankr. E.D. Va. Case No. 15-12809
      Chapter 11 Petition filed August 12, 2015

In re Ruben Rodriguez Bonilla and Doreen Sue Bonilla
   Bankr. W.D. Wash. Case No. 15-14879
      Chapter 11 Petition filed August 12, 2015

In re Areg Baghdassarians
   Bankr. C.D. Cal. Case No. 15-22765
      Chapter 11 Petition filed August 13, 2015

In re P3DC18GALLATIN ST, NW, LLC
   Bankr. D.D.C. Case No. 15-00422
      Chapter 11 Petition filed August 13, 2015
         See http://bankrupt.com/misc/dcb15-00422.pdf
         Filed Pro Se

In re B2K, LLC
   Bankr. D.N.J. Case No. 15-25325
      Chapter 11 Petition filed August 13, 2015
         See http://bankrupt.com/misc/njb15-25325.pd
         represented by: Robert L. Sweeney, Esq.
                         THE LAW OFFICE OF ROBERT L. SWEENEY
                         E-mail: rsweeneylaw@aol.com

In re Unitech Solutions, Inc.
   Bankr. E.D.N.Y. Case No. 15-43742
      Chapter 11 Petition filed August 13, 2015
         See http://bankrupt.com/misc/nyeb15-43742.pdf
         represented by: Alla Kachan, Esq.
                         LAW OFFICES OF ALLA KACHAN, P.C.
                         E-mail: alla@kachanlaw.com

In re Kings Realty Enterprises, Inc.
   Bankr. E.D.N.Y. Case No. 15-43749
      Chapter 11 Petition filed August 13, 2015
         See http://bankrupt.com/misc/nyeb15-43749.pdf
         Filed Pro Se

In re Zabidury Cuisine Inc.
   Bankr. S.D.N.Y. Case No. 15-23160
      Chapter 11 Petition filed August 13, 2015
         See http://bankrupt.com/misc/nysb15-23160.pdf
         Filed Pro Se

In re Eagle Tremont, LLC
   Bankr. D.S.C. Case No. 15-04294
      Chapter 11 Petition filed August 13, 2015
         See http://bankrupt.com/misc/scb15-04294.pdf
         represented by: Robert H. Cooper, Esq.
                         THE COOPER LAW FIRM
                     E-mail: thecooperlawfirm@thecooperlawfirm.com

In re Rebecca Lynn Lester
   Bankr. M.D. Tenn. Case No. 15-05588
      Chapter 11 Petition filed August 13, 2015

In re Cornell Sutton
   Bankr. M.D. Fla. Case No. 15-03641
      Chapter 11 Petition filed August 13, 2015
         filed Pro Se

In re Kevin James Roberg
   Bankr. D. Ariz. Case No. 15-10356
      Chapter 11 Petition filed August 14, 2015

In re Style Retail Consultants Inc
   Bankr. D. Ariz. Case No. 15-10376
      Chapter 11 Petition filed August 14, 2015
         filed Pro Se

In re A & A International Shipping Inc
   Bankr. C.D. Cal. Case No. 15-22774
      Chapter 11 Petition filed August 14, 2015
         See http://bankrupt.com/misc/cacb15-22774.pdf
         filed Pro Se

In re Andrade & Ashworth, Inc.
   Bankr. D. Conn. Case No. 15-31364
      Chapter 11 Petition filed August 14, 2015
         See http://bankrupt.com/misc/ctb15-31364.pdf
         represented by: Jefferson Hanna, III, Esq.
                         E-mail: jeffersonhanna@sbcglobal.net

In re Pain Relief Specialists, Inc.
   Bankr. M.D. Ga. Case No. 15-51860
      Chapter 11 Petition filed August 14, 2015
         See http://bankrupt.com/misc/gamb15-51860.pdf
         represented by: Wesley J. Boyer, Esq.
                         KATZ, FLATAU, POPSON AND BOYER, LLP
                         E-mail: wjboyer_2000@yahoo.com

In re Union Mill Investment LLC
   Bankr. D. Haw. Case No. 15-01001
      Chapter 11 Petition filed August 14, 2015
         See http://bankrupt.com/misc/hib15-01001.pdf
         represented by: William C. McCorriston, Esq.
                         MCCORRISTON MILLER MUKAI MACKINNON LLP
                         E-mail: mccorriston@m4law.com

In re Premier Baseball Acadamy, LLC
   Bankr. D. Nev. Case No. 15-14680
      Chapter 11 Petition filed August 14, 2015
         See http://bankrupt.com/misc/nvb15-14680.pdf
         represented by: Richard McKnight, Esq.
                         THE MCKNIGHT LAW FIRM, PLLC
                         E-mail: rmcknight@lawlasvegas.com

In re En Buenas Manos Primary Care, Inc.
   Bankr. S.D. Tex. Case No. 15-50121
      Chapter 11 Petition filed August 14, 2015
         See http://bankrupt.com/misc/txsb15-50121.pdf
         represented by: Carl Michael Barto, Esq.
                         LAW OFFICE OF CARL M. BARTO
                         E-mail: cmblaw@netscorp.net

In re Larry E. Klahn
   Bankr. W.D. Wis. Case No. 15-12939
      Chapter 11 Petition filed August 14, 2015

In re Thomas A Lamont
   Bankr. S.D. Tex. Case No. 15-50120
      Chapter 11 Petition filed August 14, 2015

In re Dennis J McManaway
   Bankr. E.D.N.Y. Case No. 15-73466
      Chapter 11 Petition filed August 15, 2015

In re Harry Blue Ltd.
   Bankr. S.D.N.Y. Case No. 15-23180
      Chapter 11 Petition filed August 16, 2015
         See http://bankrupt.com/misc/nysb15-23180.pdf
         represented by: Lawrence Morrison, Esq.
                         MORRISON TENENBAUM PLLC
                         E-mail: morrlaw@aol.com

In re Kenneth A. Bellows
   Bankr. D. Alaska Case No. 15-00245
      Chapter 11 Petition filed August 17, 2015

In re Darryl Julian Fisher
   Bankr. D. Ariz. Case No. 15-10416
      Chapter 11 Petition filed August 17, 2015

In re Matthew A. McClure and Michelle L. McClure
   Bankr. W.D. Ark. Case No. 15-72088
      Chapter 11 Petition filed August 17, 2015

In re Loryjor Investment Corporation
   Bankr. C.D. Cal. Case No. 15-22903
      Chapter 11 Petition filed August 17, 2015
         See http://bankrupt.com/misc/cacb15-22903.pdf
         Filed Pro Se

In re Andrea Ann Eubanks
   Bankr. N.D. Cal. Case No. 15-31059
      Chapter 11 Petition filed August 17, 2015

In re Nakatoma Acquisitions LLC
   Bankr. N.D. Cal. Case No. 15-42536
      Chapter 11 Petition filed August 17, 2015
         See http://bankrupt.com/misc/canb15-42536.pdf
         Filed Pro Se

In re Southwest Heating & Cooling, LLC
   Bankr. D. Colo. Case No. 15-19189
      Chapter 11 Petition filed August 17, 2015
         See http://bankrupt.com/misc/cob15-19189.pdf
         represented by: Elizabeth Domenico, Esq.
                         ROBINSON & HENRY, P.C.
                         E-mail: liz@robinsonandhenry.com

In re James W. Fife, Jr. and Janet S. Fife
   Bankr. M.D. Fla. Case No. 15-03681
      Chapter 11 Petition filed August 17, 2015

In re Philip Joseph Matonte
   Bankr. M.D. Fla. Case No. 15-08381
      Chapter 11 Petition filed August 17, 2015

In re Raymond Walker Moore, III
   Bankr. E.D.N.C. Case No. 15-04481
      Chapter 11 Petition filed August 17, 2015

In re High Card Industries, LLC
   Bankr. N.D. Ohio Case No. 15-41470
      Chapter 11 Petition filed August 17, 2015
         See http://bankrupt.com/misc/ohnb15-41470.pdf
         represented by: Anthony J. DeGirolamo, Esq.
                         E-mail: ajdlaw@sbcglobal.net

In re High Card Properties LLC
   Bankr. N.D. Ohio Case No. 15-41471
      Chapter 11 Petition filed August 17, 2015
         See http://bankrupt.com/misc/ohnb15-41471.pdf
         represented by: Anthony J. DeGirolamo, Esq.
                         E-mail: ajdlaw@sbcglobal.net

In re Christian Karl-Heinz Schuster
   Bankr. D. Or. Case No. 15-33959
      Chapter 11 Petition filed August 17, 2015

In re RCLM INC.
   Bankr. E.D. Pa. Case No. 15-15870
      Chapter 11 Petition filed August 17, 2015
         See http://bankrupt.com/misc/paeb15-15870.pdf
         represented by: James J. O'Connell, Esq.
                         E-mail: jamesjoconnell@verizon.net

In re Enrique Rodriguez Narvaez and Myrna Iris Rivera Ortiz
   Bankr. D.P.R. Case No. 15-06277
      Chapter 11 Petition filed August 17, 2015

In re E. L. CAR Corporation
   Bankr. D.P.R. Case No. 15-06278
      Chapter 11 Petition filed August 17, 2015
         See http://bankrupt.com/misc/prb15-06278.pdf
         represented by: Manolo R. Santiago, Esq.
                         E-mail: mrsmanolo@gmail.com

In re Stephen Elton Leach and Sheila Kay Leach
   Bankr. N.D. Tex. Case No. 15-43307
      Chapter 11 Petition filed August 17, 2015

In re Timothy D. Wilson
   Bankr. E.D. Wis. Case No. 15-29367
      Chapter 11 Petition filed August 17, 2015

In re Kenneth J. Moore and Patricia T. Moore
   Bankr. D. Ariz. Case No. 15-10479
      Chapter 11 Petition filed August 18, 2015

In re Shawn M. Coleman
   Bankr. D. Ariz. Case No. 15-10484
      Chapter 11 Petition filed August 18, 2015

In re Michael McNulty
   Bankr. C.D. Cal. Case No. 15-22962
      Chapter 11 Petition filed August 18, 2015

In re Wabasso Street LLC
   Bankr. S.D. Fla. Case No. 15-24952
      Chapter 11 Petition filed August 18, 2015
         See http://bankrupt.com/misc/flsb15-24952.pdf
         represented by: Richard Siegmeister, Esq.
                         RICHARD SIEGMEISTER P.A.
                         E-mail: rspa111@att.net

In re Stephen Martin Newton
   Bankr. N.D. Ga. Case No. 15-65664
      Chapter 11 Petition filed August 18, 2015
         represented by: Scott B. Riddle, Esq.
                         LAW OFFICE OF SCOTT B. RIDDLE, LLC
                         E-mail: scott@scottriddlelaw.com

In re Newton Retail Hardware Corporation
   Bankr. N.D. Ga. Case No. 15-65665
      Chapter 11 Petition filed August 18, 2015
         See http://bankrupt.com/misc/ganb15-65665.pdf
         represented by: Scott B. Riddle, Esq.
                         LAW OFFICE OF SCOTT B. RIDDLE, LLC
                         E-mail: scott@scottriddlelaw.com

In re Kevin Smith and Susan Smith
   Bankr. N.D. Ill. Case No. 15-28256
      Chapter 11 Petition filed August 18, 2015

In re Stephen Ho Lee and Eun Soo Lee
   Bankr. D. Md. Case No. 15-21473
      Chapter 11 Petition filed August 18, 2015

In re Gregory Redford and Nevis Gail Redford
   Bankr. W.D. Ky. Case No. 15-10824
      Chapter 11 Petition filed August 18, 2015

In re Omsal, LLC
   Bankr. D.N.J. Case No. 15-25577
      Chapter 11 Petition filed August 18, 2015
         See http://bankrupt.com/misc/njb15-25577.pdf
         represented by: Audwin Levasseur, Esq.
                         HARTBAKIN & LEVASSEUR PA
                         E-mail: audwin.esq@gmail.com

In re Real Estate & Building Inc.
   Bankr. D.N.J. Case No. 15-25578
      Chapter 11 Petition filed August 18, 2015
         See http://bankrupt.com/misc/njb15-25578.pdf
         represented by: Joseph Casello, Esq.
                         COLLINS, VELLA & CASELLO
                         Email: jcasello@cvclaw.net

In re Prima Pasta & Cafe, Inc.
   Bankr. E.D.N.Y. Case No. 15-43802
      Chapter 11 Petition filed August 18, 2015
         See http://bankrupt.com/misc/nyeb15-43802.pdf
         represented by: Desiree Claudio, Esq.
                         CLAUDIO & JOHNSON ATTORNEYS AT LAW
                         E-mail: dclaudio@claudiojohnsonlaw.com

In re Hayes Land Holdings, LLC
   Bankr. N.D.N.Y. Case No. 15-11711
      Chapter 11 Petition filed August 18, 2015
         See http://bankrupt.com/misc/nynb15-11711.pdf
         filed Pro Se

In re Penn West Financial Center, LLC
   Bankr. W.D. Pa. Case No. 15-70578
      Chapter 11 Petition filed August 18, 2015
         See http://bankrupt.com/misc/pawb15-70578.pdf
         represented by: Rodney D. Shepherd, Esq.
                         LAW OFFICES OF RODNEY SHEPHERD
                         E-mail: rodsheph@cs.com

In re Dragon Dreams Museum, Inc.
   Bankr. E.D. Tenn. Case No. 15-13580
      Chapter 11 Petition filed August 18, 2015
         See http://bankrupt.com/misc/tneb15-13580.pdf
         represented by: W. Thomas Bible, Jr., Esq.
                         LAW OFFICE OF W. THOMAS BIBLE, JR.
                         E-mail: wtbibleecf@gmail.com

In re Brian A Hansen and Amie R Hansen
   Bankr. E.D. Wis. Case No. 15-29453
      Chapter 11 Petition filed August 18, 2015

In re David A Staszak and Valerie A Staszak
   Bankr. W.D. Wis. Case No. 15-12976
      Chapter 11 Petition filed August 18, 2015

In re Luis Gutierrez and Elizabeth Gutierrez
   Bankr. C.D. Cal. Case No. 15-12768
      Chapter 11 Petition filed August 19, 2015

In re Joseph Thomas Bubonic and Mary Ann Bubonic
   Bankr. C.D. Cal. Case No. 15-14128
      Chapter 11 Petition filed August 19, 2015

In re Commercial Property Ventures LLC
   Bankr. D. Colo. Case No. 15-19291
      Chapter 11 Petition filed August 19, 2015
         Filed Pro Se

In re Thomas Sexton and Denice M Sexton
   Bankr. S.D. Fla. Case No. 15-25031
      Chapter 11 Petition filed August 19, 2015

In re Brandon Ward
   Bankr. E.D.N.Y. Case No. 15-43818
      Chapter 11 Petition filed August 19, 2015

In re Light Energy Management II, LLC
   Bankr. N.D.N.Y. Case No. 15-11728
      Chapter 11 Petition filed August 19, 2015
         See http://bankrupt.com/misc/nynb15-11728.pdf
         represented by: Sara C. Temes, Esq.
                         BOND, SCHOENECK & KING, PLLC
                         E-mail: stemes@bsk.com

In re E. Brooks Wilkins Family Medicine, P.A.
   Bankr. E.D.N.C. Case No. 15-04520
      Chapter 11 Petition filed August 19, 2015
         See http://bankrupt.com/misc/nceb15-04520.pdf
         represented by: James C. White, Esq.
                         LAW OFFICE OF JAMES C. WHITE, P.C.
                         E-mail: jimwhite@jcwhitelaw.com

In re Christopher J. Nussbaumer
   Bankr. E.D. Pa. Case No. 15-15926
      Chapter 11 Petition filed August 19, 2015

In re Hiram Rivera Vega
   Bankr. D.P.R. Case No. 15-06351
      Chapter 11 Petition filed August 19, 2015

In re Diane Rose Maestri
   Bankr. E.D. Va. Case No. 15-12888
      Chapter 11 Petition filed August 19, 2015

In re Rigoberto Gonzalez
   Bankr. E.D. Cal. Case No. 15-13310
      Chapter 11 Petition filed August 20, 2015

In re Littleton Day Surgery Center, LLC.
   Bankr. D. Colo. Case No. 15-19305
      Chapter 11 Petition filed August 20, 2015
         See http://bankrupt.com/misc/cob15-19305.pdf
         represented by: Kevin S. Neiman, Esq.
                         LAW OFFICES OF KEVIN S. NEIMAN, PC
                         E-mail: kevin@ksnpc.com

In re Richardson's Family Funeral Care, Inc.
   Bankr. N.D. Fla. Case No. 15-40444
      Chapter 11 Petition filed August 20, 2015
         See http://bankrupt.com/misc/flnb15-40444.pdf
         represented by: Allen Turnage, Esq.
                         LAW OFFICE OF ALLEN TURNAGE, P.A.
                         E-mail: service@turnagelaw.com

In re Miguel Tejeda
   Bankr. S.D. Fla. Case No. 15-25064
      Chapter 11 Petition filed August 20, 2015

In re Cardiology Associates of Atlanta PC
   Bankr. N.D. Ga. Case No. 15-65792
      Chapter 11 Petition filed August 20, 2015
         See http://bankrupt.com/misc/ganb15-65792.pdf
         represented by: Leonard R. Medley III, Esq.
                         MEDLEY & ASSOCIATES, LLC
                         E-mail: leonard@mkalaw.com

In re Stavroula V. Partalis
   Bankr. N.D. Ill. Case No. 15-28468
      Chapter 11 Petition filed August 20, 2015

In re The Linn Family Trust
   Bankr. N.D. Ind. Case No. 15-32061
      Chapter 11 Petition filed August 20, 2015
         See http://bankrupt.com/misc/innb15-32061.pdf
         filed Pro Se

In re Leonard Jack McNeilly and Jo Nell Newton McNeilly
   Bankr. W.D.N.C. Case No. 15-40342
      Chapter 11 Petition filed August 20, 2015

In re H2O Hospitality, LLC
   Bankr. W.D. Va. Case No. 15-61579
      Chapter 11 Petition filed August 20, 2015
         See http://bankrupt.com/misc/vawb15-61579.pdf
         represented by: Leonard R. Medley III, Esq.
                         MEDLEY & ASSOCIATES, LLC
                         E-mail: leonard@mkalaw.com

In re Fidalgo 2010 LLC
   Bankr. W.D. Wash. Case No. 15-15045
      Chapter 11 Petition filed August 20, 2015
         See http://bankrupt.com/misc/vawb15-15045.pdf
         represented by: Larry B. Feinstein, Esq.
                         VORTMAN & FEINSTEIN
                         E-mail: feinstein1947@gmail.com

In re Richard Bernard Engley, Jr. and Jennifer Anne Engley
   Bankr. W.D. Wash. Case No. 15-43905
      Chapter 11 Petition filed August 20, 2015



                            *********

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.

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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.

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