TCR_Public/150831.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Monday, August 31, 2015, Vol. 19, No. 243

                            Headlines

21ST CENTURY ONCOLOGY: EY Replaces Deloitte as Accountants
449 K STREET: Voluntary Chapter 11 Case Summary
ACG CREDIT: Chapter 11 Case Dismissed Pursuant to Agreement
ALION SCIENCE: S&P Raises CCR to 'B', Off CreditWatch Positive
ALLIED NEVADA: Bridge Capital Seeks Relief From Automatic Stay

ALLIED NEVADA: Court Approves Employee Compensation Plans
ALLIED NEVADA: Court Grants CAT Financial Relief From Stay
ALLIED NEVADA: Court Grants Stay Relief to Banc of America
ALLIED NEVADA: Plan Goes to Oct. 6 Confirmation Hearing
ALLIED NEVADA: Tuttle Seeks Appointment of Examiner

ALONSO & CARUS: Panel Hires Lowenstein Sandler as Counsel
ALPHA NATURAL: Seeks Confirmation of Escrow Agent's Authority
ALPHA NATURAL: U.S. Trustee Balks at Undisclosed Financing Terms
AMERICAN POWER: Completes $3.25 Million Term Loan Financing
ANDEANGOLD LTD: Delays Filing of Annual Financial Statements

APOLLO MEDICAL: Amends Second Quarter Form 10-Q to Add Disclosure
ARCHER HEALTHCARE: Nursing Home Put on Foreclosure Sale
ASPEN GROUP: Amends Fiscal 2015 Annual Report
ASSET RESOLUTION: Trustee's Settlement with Combat Brands Denied
ATLANTIC & PACIFIC: Court Approves Global Bidding Procedures

ATLANTIC & PACIFIC: Has Final Authority to Close Stores
BAHA MAR: Committee Wants to Retain Cooley LLP as Lead Counsel
BAHA MAR: Panel Can Retain Whiteford Taylor as Delaware Counsel
BAHA MAR: U.S. Trustee Balks at Employment of Glinton Sweeting
BEECHWOODS ESTATES: Case Summary & 4 Largest Unsecured Creditors

BLAINE BRUNDAGE: Ruling in Anderson Suit Partially Reversed
BMB MUNAI: Peter Rosten Reports 8.9% Equity Stake as of Aug. 11
BOOMERANG TUBE: Can Assume Plan Support Agreement
BRUSH CREEK: Creditors Want Case Converted to Ch. 7 Liquidation
BUNKERS INT'L: Files for Ch 11 After PNC Bank Cut Off Funds

BUNKERS INTERNATIONAL: Case Summary & 20 Top Unsecured Creditors
CANDAX ENERGY: Gets Addt'l Waiver Extension on Facility Agreement
CANNABIS SCIENCE: Reports $4.35 Million Net Loss in Q1
CINEMARK USA: Moody's Assigns Ba1 Rating on New Sec. Term Loan
COMSTOCK MINING: Gets Stockholder OK for Pref. Stock Conversion

CORPORATE RESOURCE: Hires Gellert Scali as Counsel
CORPORATE RESOURCE: Hires WilmerHale as Special Finance Counsel
CORPORATE RESOURCE: Taps Carter Ledyard as Litigation Counsel
CTI BIOPHARMA: Provides July Financial Report
CUBIC ENERGY: Gets Unfavorable Decision in "Gloria's Ranch" Suit

CURTIS JAMES JACKSON: Selling Mansion to Get Out of Bankruptcy
CYMA CLEANING: Case Summary & 20 Largest Unsecured Creditors
DEWEY & LEBOEUF: Ex-Chairman Wants Fraud Charges Dismissed
DITO INC.: Case Summary & 20 Largest Unsecured Creditors
DOVER DOWNS: Henry B. Tippie Reports 37.7% Stake as of Aug. 4

EARL GAUDIO: Court Approves Mercho Caughey as Conflicts Counsel
EDEN GARDENS II: Case Summary & 12 Largest Unsecured Creditors
EDEN GARDENS: Case Summary & 13 Largest Unsecured Creditors
EL PASO: Court Disapproves Motion to Extend Exclusive Periods
ENERGY FUTURE: Plan Confirmation Hearing Set for Nov. 3

ENERGY FUTURE: Unmanifested Claimants' Bid for Legal Rep. Denied
EVERGLADES SUPPORTIVE: Case Summary & 12 Top Unsecured Creditors
FLETCHER INCOME: 5th Cir. Reverses Ruling in La. Pension Fund Suit
FREE GOSPEL: Alan Stokes & Associates Tapped as Accountant
FREE GOSPEL: Chapter 11 Trustee Objects to Hiring of Accountant

FRONTIER STAR: Amends List of 20 Largest Unsecured Creditors
FRONTIER STAR: Court Orders Joint Administration of Ch. 11 Cases
FRONTIER STAR: Files Schedules of Assets and Liabilities
FRONTIER STAR: Hardee's Restaurant Put on Sale for $2.66 Million
FWLL LLC: Case Summary & 20 Largest Unsecured Creditors

GRAFTECH INT'L: S&P Affirms 'B+' CCR, Outlook Negative
HALCON RESOURCES: Announces Debt Exchanges, Gets NYSE Notice
HARDWARE HOLDINGS: S&P Lowers CCR to 'CCC+', Outlook Negative
HAWAIIAN TELCOM: S&P Affirms 'B' Corp Credit Rating, Outlook Stable
HERCULES OFFSHORE: Shares Delisted From Nasdaq

HERCULES OFFSHORE: Wins Nod to Assume Restructuring Pact
HOLY HILL: Palisades Capital Acquires Sunset Blvd. Plot for $30M
IMH FINANCIAL: SRE Loan Maturity Extended to Nov. 23
INSITE VISION: Amends Merger Agreement with QLT
JC PENNEY: Fitch Hikes Issuer Default Rating to B-, Outlook Stable

LEE STEEL: Files Amended Schedules of Assets and Liabilities
LEE STEEL: Plan Filing Exclusivity Expires Sept. 30
MAGNETATION LLC: Fredrickson & Byron OK'd to Handle Labor Issues
MARINA BIOTECH: Registers 6.2 Million Shares for Resale
MAS CASA LLC: Voluntary Chapter 11 Case Summary

MGM RESORTS: Signs Employment Agreement with EVP and CFO
MICHAEL BROWN: "Apostolopoulos" Partial Summary Judgment Reversed
MICHAEL BROWN: "Bogatcheva" Partial Summary Judgment Reversed
MICHAEL BROWN: "Khachaturyan" Partial Summary Judgment Reversed
NATURALSHRIMP INC: Turner Stone Expresses Going Concern Doubt

NAVISTAR INTERNATIONAL: To Hold Q3 Conference Call on Sept. 2
NEW TOWNE CENTER: Filmmaker Buys McLemore Avenue Center for $1.9M
NIRVANA SPRING: Delays Job Cuts; To Be Auctioned on Oct. 14
NW VALLEY: Court Approves Lucarelli & Lucarelli as Tax Accountant
ORLANDO GATEWAY: Court Denies U.S. Trustee's Bid to Dismiss Case

ORLANDO GATEWAY: Exclusive Periods Terminated as of July 31
ORLANDO GATEWAY: Use of Cash Collateral Set to Expire Aug. 31
PACIFIC RECYCLING: Case Summary & 20 Largest Unsecured Creditors
PACIFIC RECYCLING: Wants to Employ Cable Huston as Attorneys
PARKVIEW ADVENTIST: Bid for Authority to Use Cash Collateral Denied

PATRIOT COAL: Admin. Claims Deadline for Select Claimants Extended
PATRIOT COAL: Asks Court to Extend Deadline to Remove Suits
PATRIOT COAL: Committee Gets Ruling Protecting Confidential Info
PATRIOT COAL: Court Approves Key Employee Incentive Plan
PATRIOT COAL: EPA, 3 Others Get More Time to File Admin. Claims

PATRIOT COAL: Hearing on Bid to Reject CBA Continued Until Sept. 1
PLUG POWER: Axane S.A. No Longer Owns Common Stock
PLUG POWER: Issues 1.6 Million Common Shares to Axane
PRONERVE HOLDINGS: Plan Confirms Ch. 11 Liquidation Plan
QUALITY DISTRIBUTION: Suspending Filing of Reports with SEC

RADIOSHACK CORP: Judge Extends Deadline to Remove Suits to Nov. 2
RADIOSHACK CORP: Proposes $40M Settlement With Gift Card Holders
REICHHOLD HOLDINGS: Berkeley OK'd as Substitute Financial Advisor
RELATIVITY MEDIA: Says Media Attention to Boost Interest in Studio
REPUBLIC AIRWAYS: Shares Plunge After Local Union Snubbed Offer

ROADRUNNER ENTERPRISES: Automatic Stay Lifted on Va. Properties
ROTONDO WEIRICH: Proposes Maschmeyer Karalis as Counsel
ROTONDO WEIRICH: Voluntary Chapter 11 Case Summary
SAEXPLORATION HOLDINGS: S&P Lowers Corp. Credit Rating to 'SD'
SAINT MICHAEL'S MEDICAL: Proposes Cole Schotz as Counsel

SAINT MICHAEL'S MEDICAL: Proposes EisnerAmper as Financial Advisor
SANTA FE GOLD: Has DIP Financing From Existing Lender
SANTA FE GOLD: Proposes ALCS as Claims & Noticing Agent
SANTA FE GOLD: Wants Until Oct. 9 to File Schedules
SEQUENOM INC: Proposes to Sell $300 Million Securities

SFX ENTERTAINMENT: S&P Lowers CCR to 'CCC', Outlook Negative
SHAI SHAWN TAMIR: BofA, HSCB and Citi Claims Allowed
SIGNAL INTERNATIONAL: Court Sets Claims Bar Dates
SIGNAL INTERNATIONAL: Files Schedules of Assets and Liabilities
SIGNAL INTERNATIONAL: Hogan Lovells OK'd as Gen. Corporate Counsel

SONIA INC: Case Summary & 15 Largest Unsecured Creditors
STATION CASINOS: S&P Revises Outlook to Pos. & Affirms 'B' CCR
STELLAR BIOTECHNOLOGIES: To Effect a 1-for-10 Reverse Stock Split
SUPERMEDIA LLC: Yellow Pages' Bid to Dismiss Appeal Partially OK'd
TAMMY LYNN BOWDEN: Bid for Sanctions for Stay Violation Granted

THORNTON & CO: Taps Green & Sklarz as Bankruptcy Counsel
TRUMP ENTERTAINMENT: Atlantic City Union Barred from Messages
TULARE LOCAL: Fitch Hikes Rating on 2007 Fixed Rate Bonds to 'BB-'
UNIVERSAL COOPERATIVES: Has Until Oct. 6 to File Plan
USA DISCOUNTERS: Seeks to Reject 27 USA Living Leases

VICTORY ENERGY: Aurora Gets Forbearance From Texas Capital Bank
VICTORY ENERGY: Incurs $1.3 Million Net Loss in Second Quarter
VISCOUNT SYSTEMS: Posts C$2.3 Million Net Income for Q2
WESTMORELAND RESOURCE: Presented at Citi 2015 MLP Conference
WINLAND OCEAN: U.S. Trustee Wins Dismissal of Cases

WORLD ACCEPTANCE: S&P Affirms 'B+' ICR, Outlook Remains Negative
Z'TEJAS SCOTTSDALE: Cornbread Ventures Acquires Company
[^] BOND PRICING: For the Week from Aug. 24 to 28, 2015

                            *********

21ST CENTURY ONCOLOGY: EY Replaces Deloitte as Accountants
----------------------------------------------------------
21st Century Oncology Holdings, Inc. notified Deloitte & Touche LLP
that it was dismissed as the Company's independent registered
public accounting firm, effective Aug. 25, 2015.  The decision to
change accounting firms was approved by the Audit Committee of the
Board of Directors of the Company and by the Board of Directors of
the Company, according to a regulatory filing with the Securities
and Exchange Commission.

During the Company's two most recent fiscal years ended Dec. 31,
2014, and 2013 and during the period from Jan. 1, 2015, through
Aug. 25, 2015, the Company has not had any disagreement with
Deloitte.  

Additionally, as disclosed in the Company's quarterly report on
Form 10-Q during the quarter ended June 30, 2015, the Company
identified a material weakness related to the design of its
regulatory compliance monitoring procedures for Urology.
Specifically, the scope of the compliance work programs and
procedures did not address all relevant risks to the organization,
including procedures to test for the medical necessity of claims in
Urology related to fluorescence in situ hybridization.
Moreover, as disclosed in the Company's annual report on Form 10-K
for the fiscal year ended Dec. 31, 2013, the Company had a material
weakness in internal controls over financial reporting related to
its internal communications regarding the identification of and
accounting for the loss contingency, along with the related
disclosure regarding certain subpoenas the Company received in
February 2014, from the Office of Inspector General of the U.S.
Department of Health and Human Services.  Such material weakness
was remediated in 2014.  Deloitte's reports on the Company's
consolidated financial statements as of and for the fiscal years
ended Dec. 31, 2014, and 2013 did not contain any adverse opinion
or a disclaimer of opinion, nor were they qualified or modified as
to uncertainty, audit scope or accounting principles.

On Aug. 25, 2015, the Company approved the engagement of Ernst &
Young LLP as the Company's new independent registered public
accounting firm.  The engagement of EY had previously been approved
by the Audit Committee of the Board of Directors of the Company on
Aug. 24, 2015, and by the Board of Directors of the Company on Aug.
25, 2015.

During the years ended Dec. 31, 2014, and 2013 and the subsequent
interim period through Aug. 25, 2015, neither the Company nor
anyone acting on its behalf consulted with EY.

                        About 21st Century

21st Century Oncology, Inc., formerly known as Radiation Therapy
Services, Inc. ("RTS") owns and operates radiation treatment
facilities in the US and Latin America.

As of June 30, 2015, the Company had $1.14 billion in total assets,
$1.28 billion in total liabilities, $378 million in series A
convertible redeemable preferred stock, $68.8 million in
non-controlling interests - redeemable, and total deficit of $588
million.

                            *     *     *

As reported by the TCR on Feb. 27, 2015, Moody's Investors Service
upgraded 21st Century Oncology, Inc.'s Corporate Family Rating and
Probability of Default Rating to B3 and B3-PD, respectively.
The upgrade of the Corporate Family Rating to B3 and SGL to SGL-2
reflects the receipt of a $325 million preferred equity investment
from the Canada Pension Plan Investment Board and subsequent debt
reduction.

In the April 16, 2015, edition of the TCR, Standard & Poor's
Ratings Services affirmed its 'B-' corporate credit rating on Fort
Myers-based cancer care provider 21st Century Oncology Holdings
Inc.


449 K STREET: Voluntary Chapter 11 Case Summary
-----------------------------------------------
Debtor: 449 K Street, LLC
        449 K Street, NW
        Washington, DC 20001

Case No.: 15-00442

Chapter 11 Petition Date: August 27, 2015

Court: United States Bankruptcy Court
       District of Columbia (Washington, D.C.)

Debtor's Counsel: Michael H. Selter, Esq.
                  MANELLI SELTER PLLC
                  2000 M Street, #700
                  Washington, DC 20036
                  Tel: 202-261-1000
                  Email: mselter@mdslaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

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


ACG CREDIT: Chapter 11 Case Dismissed Pursuant to Agreement
-----------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware dismissed
the Chapter 11 case of ACG Credit Company II, LLC, pursuant to an
agreed order regarding the motion of the United State Trustee for
entry of an order converting the Debtor's Chapter 11 case to a case
under Chapter 7 of the Bankruptcy Code, or dismiss the case.

The agreement was entered among the Debtor, Fine Art Finance, LLC,
Art Capital Group, LLC, Art Capital Group, Inc., ACG Credit
Company, LLC and Ian S. Peck, and Michael Du Frayne, the Debtor's
chief restructuring officer, Executive Sounding Board Associates
LLC, and the U.S. Trustee.

All objections to the motion were resolved.

As reported in the TCR on June 1, 2015, in seeking conversion, the
Debtor's CRO said that the Debtor has been unable to pay certain
administrative expense costs when due.  Mr. Frayne said that since
the fees and expenses of the CRO and trustee remain administrative
expenses of the Debtor and cannot be paid, the Debtor's case is
administratively insolvent and must be converted.

ACG Finance Company, LLC, Fine Art Finance, LLC, Art Capital Group,
LLC, Art Capital Group, Inc., ACG Credit Company, LLC, and Ian S.
Peck opposed the conversion motion, instead asking the Court to
dismiss the Chapter 11 case.

The CT Counterparties' counsel, Francis B. Majorie, Esq., at The
Majorie Firm, LTD, in Dallas, Texas, argued that the Debtor's CRO
is presently holding a $20,000 retainer which is sufficient to pay
the outstanding balance of the ESBA fees.  Mr. Majorie further
argues that the Other CT Counterparties are causing a wire to be
sent to ESBA for the $19,343, as well as $10,400 to be wired to the
Debtor's account.  For these reasons, Mr. Majorie believed that the
case must be dismissed and not converted.

                   About ACG Credit Company II

New York-based ACG Credit Company II, LLC, filed a Chapter
11 bankruptcy petition (Bankr. D. Del. Case No. 14-11500) on
June 17, 2014.  The Debtor estimated $10 million to $50 million in
assets and $1 million to $10 million in liabilities.  Ian Peck,  as
director, signed the petition.  Gellert Scali Busenkell & Brown,
LLC, serves as the Debtor's counsel.



ALION SCIENCE: S&P Raises CCR to 'B', Off CreditWatch Positive
--------------------------------------------------------------
Standard & Poor's Ratings Services said it raised its corporate
credit rating on McLean, Va.-based Alion Science and Technology
Corp. to 'B' from 'B-' and removed the rating from CreditWatch,
where S&P placed it with positive implications on July 29, 2015.
The outlook is stable.

At the same time, S&P affirmed the 'BB-' issue-level rating on the
company's proposed $40 million revolver (undrawn at the close of
the transaction).  The recovery rating on the revolver remains '1',
indicating S&P's expectation for very high (90% to 100%) recovery
in the event of a default.  Additionally, S&P affirmed the 'B'
issue-level rating on the company's $300 million first-lien term
loan B.  The recovery rating on the first-lien term loan B remains
'3', indicating S&P's expectation for meaningful (50% to 70%;
higher end of the range) recovery in the event of a payment
default.

"The upgrade reflects the closing of Veritas Capital's acquisition
of Alion Science and Technology Corp. for $715 million on Aug. 19,
2015," said Standard & Poor's credit analyst Peter Bourdon.

"As a result of the transaction, Alion's leverage improved to the
mid-6x range from the mid-9x range at year-end 2014 due to about a
$120 million decrease in debt outstanding compared to debt
outstanding as of June 30, 2015," he added.

S&P's assessment of Alion's business risk profile as "weak," as
defined in S&P's criteria, incorporates the company's presence in
the highly competitive government services market and high customer
concentration.

S&P assesses the company's financial risk profile as "highly
leveraged," which reflects both the company's leverage in the
mid-6x area and its financial sponsor ownership that S&P views as
precluding sustained debt reduction.

The stable outlook reflects S&P's expectation that Alion will
continue to achieve positive revenue and EBITDA growth and that
leverage will remain in the mid-6x area.

S&P would lower the rating if funding delays, budget cuts, or a
deteriorating competitive position reverse the recent positive
operating trends, resulting in leverage sustained above 7x.

While unlikely in the next year, S&P could raise the rating if the
company continues to meet our operational expectations while also
committing to a target leverage level of less than 5x.



ALLIED NEVADA: Bridge Capital Seeks Relief From Automatic Stay
--------------------------------------------------------------
Bridge Capital Leasing, LLC, asks the U.S. Bankruptcy Court for the
District of Delaware for relief from the automatic stay with regard
to certain equipment leased to the Allied Nevada Gold Corp. and its
affiliated debtors by Bridge Capital.

The Debtors are indebted to Bridge Capital pursuant to two capital
leases secured by the following: (1) 1 Komatsu Model 930E-3
Electric Mining Truck, with Serial Number A31557 and (2) 1 Komatsu
Model 930E-4 Electric Mining Truck, with Serial Number A31561.

As of Aug. 6, 2015, the Debtors owe Bridge Capital the principal
sum of $2,518,345 as to Truck 31557 and the principal sum of
$2,419,168 as to Truck 31561.  The trucks are presently located at
the Hycroft Mine in Nevada, which is owned by Debtor Allied Nevada.
The Debtors have suspended operations at the Hycroft Mine and has
ceased using the trucks.  They have stopped making the monthly
postpetition payments to Bridge Capital.

Stanley B. Tarr, Esq., at Blank Rome LLP, in Wilmington, Delaware,
tells the Court that the Debtors and Bridge Capital have agreed to
the terms of the surrender of the trucks, have executed a
Stipulation, and consented to the entry of an order approving the
Stipulation.

The Stipulation contains, among others, these terms:

     (a) The Parties agree that the automatic stay is modified to
the extent necessary to permit Bridge Capital to sell the
Collateral in a commercially reasonable manner as soon as
practicable, following entry of an Order approving the
Stipulation.

     (b) The Debtors agree to permit Bridge Capital and its agents:
(i) reasonable access to the Collateral at its present location;
(ii) to sell the Collateral from its present location; and (iii) to
remove the Collateral out of the Hycroft Mine prior to the actual
sale of the Collateral if Bridge Capital deems it necessary.

     (c) In the interim between the entry of an order approving the
Stipulation and Bridge Capital's repossession of the Collateral,
the Debtors will take reasonable steps to preserve and protect the
Collateral against damage, theft or other loss to the extent
required by the terms of each Equipment Lease and/or applicable
bankruptcy and non-bankruptcy law until Bridge Capital takes
possession of the Collateral.

     (d) Bridge Capital shall commence the Sale Process as soon as
practicable following entry of an order approving this
Stipulation.

     (e) Bridge Capital will be granted an allowed secured claim as
to each of the leases in the amount of the Sale Prices for the
respective Collateral, which Allowed Secured Claims shall be a part
of the Class 3 Other Secured Claims as set forth in Debtor’s
Amended Joint Chapter 11 Plan of Reorganization, and such Allowed
Secured Claims shall be fully and finally satisfied by surrender of
the Collateral and Bridge Capital shall not be entitled to any
other or further distribution from the Debtors and their estates on
account of the Allowed Secured Claims.

     (f) To the extent that the proceeds of the Sale Process are
less than the amounts owed, Bridge Capital shall have unsecured
claims for the amount of the respective deficiencies, and such
Unsecured Claims, if any, shall be classified as Unsecured Claims
as set forth in the Amended Plan; provided, that the Debtors, their
estates and any other party in interest shall retain the right to
object to the amount of such Unsecured Claims.

Allied Nevada Gold Corp. and its affiliated Debtors are represented
by:

          Stanley B. Tarr, Esq.
          Michael D. DeBaecke, Esq.
          Victoria A. Guilfoyle, Esq.
          BLANK ROME LLP
          1201 N. Market Street, Suite 800
          Wilmington, DE 19801
          Telephone: (302)425-6400
          Facsimile: (302)425-6464
          Email: Tarr@BlankRome.com
                 Debaecke@BlankRome.com
                 Guilfoyle@BlankRome.com

          - and -
          
          Ira S. Dizengoff, Esq.
          Philip C. Dublin, Esq.
          Alexis Freeman, Esq.
          AKIN GUMP STRAUSS HAUER & FELD LLP
          One Bryant Park
          New York, NY 10036
          Telephone: (212)872-1000
          Facsimile: (212)872-1002
          Email: idizengoff@akingump.com
                 pdublin@akingump.com             
                 afreeman@akingump.com

Bridge Capital Leasing, Inc. is represented by:

          Joseph C. Savino, Esq.
          LAZER, APTHEKER, ROSELLA
          & YEDID, P.C.
          525 Okeechobee Blvd., Suite 1670
          West Palm Beach, FL 33401
          Telephone: (631)761-0855
          Facsimile: (631)761-0732
          Email: savino@larypc.com


About Allied Nevada Gold Corp.

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: Court Approves Employee Compensation Plans
---------------------------------------------------------
Judge Mary F. Walrath of the U.S. Bankruptcy Court for the District
of Delaware granted Allied Nevada Gold Corp., et al.'s motion for
the authorization and approval of: (a) a key employee incentive
plan, (b) a non-insider employee retention plan, and (c) a
severance plan.

The Official Committee of Equity Security Holders objected to the
Debtors' motion, contending that the Debtors have failed to
demonstrate that the KEIP is truly intended to award Insiders for
performance at a time of reduced responsibilities and that the KEIP
does not comply with the statutory requirements of Section
503(c)(1). The Official Committee further contends that as for the
second non-insider KERP and the Severance Plan, the Debtors must
supplement the record to make a proper showing of sufficient facts
and circumstances to justify the bonuses and the Severance Plan.
The Official Committee eventually withdrew its objection to the
Debtors' motion.

On behalf of the Debtors, Stanley B. Tarr, Esq., at Blank Rome LLP,
in Wilmington, Delaware, tells the Court that the KEIP (a) is an
incentive plan carefully and reasonably designed to maximize the
value of the Debtors' estates, (b) is consistent with industry
standards, (c) constitutes a reasonable exercise of the Debtors'
sound business judgment, and (d) was developed with the independent
advice of executive compensation expert John Dempsey, a partner at
Mercer (US) Inc.  He further tells the Court that the KERP and the
Severance Plan likewise constitute reasonable exercises of the
Debtors' sound business judgment, which are necessary to help
retain the remaining 138 employees who are needed to maintain the
Debtors' Ongoing Operations and, hence, allow them to successfully
reorganize.

Judge Walrath authorized the Debtors to implement the KEIP, KERP
and Severance Plan, including the making of payments to or on
behalf of the employees upon the achievement of the goal set forth
in the said plans, in the following amounts: (a) $540,000 on
account of KEIP Payments; (b) $682,276 on account of KERP Payments;
and (c) $3.991 million on account of the Severance Plan.

Judge Walrath ordered that the KEIP, KERP and Severance Plan shall
replace and supersede: (i) with respect to any and all employment
agreements between the Debtors and any of their current officers
and employees, (a) any and all incentive or other bonus that may be
payable under such agreements, (b) payments or benefits that may be
payable or provided following a “change in control,”
“triggering event” or phrase of similar nature, or (c)
severance or other benefits that may be payable or provided
following a termination of an employee; (ii) the Non-Insider KEIP;
provided, however, that the incentive payments earned thereunder
for Q2 2015 in the amount of $193,000 shall be paid in accordance
with the Order approving the Non-Insider KEIP; and (iii) any and
all incentive plans available to the Debtors' employees that
existed prior to the Petition Date. Judge Walrath further ordered
that notwithstanding the foregoing, the KEIP, KERP and Severance
Plan shall not replace or supersede the Debtors' short-term
cash-based bonus program applicable to hourly employees of the
Debtors, which is paid on a quarterly basis, or the Debtors'
supplemental executive retirement program.

The Official Committee of Equity Security Holders is represented
by:

          Patrick J. Reilley, Esq.
          COLE SCHOTZ, P.C.
          500 Delaware Avenue, Suite 1410
          Wilmington, DE 19801
          Telephone: (302)652-3131
          E-mail: preilley@coleschotz.com

                   - and -

          Janice B. Grubin, Esq.
          LECLAIRRYAN, APC
          885 Third Avenue, 16th Floor
          New York, NY 10022
          Telephone: (212)634-5016
          Facsimile: (212)634-5062
          E-mail: janice.grubin@leclairryan.com

                   - and -

          Michael J. Crosnicker, Esq.
          LECLAIRRYAN, APC
          2318 Mill Road, Suite 1100
          Alexandria, VA 22314
          Telephone: (703)647-5970
          Facsimile: (703)647-5973
          E-mail: michael.crosnicker@leclairryan.co

Allied Nevada Gold Corp., et al., are represented by:

          Stanley B. Tarr, Esq.
          Michael D. DeBaecke, Esq.
          Victoria A. Guilfoyle, Esq.
          BLANK ROME LLP
          1201 N. Market Street, Suite 800
          Wilmington, DE 19801
          Telephone: (302)425-6400
          Facsimile: (302)425-6464
          E-mail: Tarr@BlankRome.com
                  Debaecke@BlankRome.com
                  Guilfoyle@BlankRome.com

                   - and -

          Ira S. Dizengoff, Esq.
          Philip C. Dublin, Esq.
          Sean E. O'Donnell, Esq.
          Alexis Freeman, Esq.
          Matthew C. Fagen, Esq.
          AKIN GUMP STRAUSS HAUER & FELD LLP
          One Bryant Park
          New York, NY 10036
          Telephone: (212)872-1000
          Facsimile: (212)872-1002
          E-mail: idizengoff@akingump.com
                  pdublin@akingump.com             
                  sodonnell@akingump.com
                  afreeman@akingump.com
                  mfagen@akingump.com

                     About Allied Nevada Gold

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: Court Grants CAT Financial Relief From Stay
----------------------------------------------------------
Caterpillar Financial Services Corporation sought and obtained from
Judge Mary F. Walrath of the U.S. Bankruptcy Court for the District
of Delaware an order granting relief from the automatic stay with
regard the following equipment:

     (1) Caterpillar 7495HR2 Electric Rope Shovel, Serial No.
00141486;

     (2) Caterpillar 7495HR2 Electric Rope Shovel, Serial No.
00141487;

     (3) Caterpillar 7495HR2 Electric Rope Shovel, Serial No.
00141488;

     (4) 1 used D10R Caterpillar Track Type Tractor, Serial No.
AKT75002;

     (5) 1 new 834H Caterpillar Wheel Dozer, Serial No. BTX01258;

     (6) 1 new 834H Caterpillar Wheel Dozer, Serial No. BTX01276;

     (7) 1 new D11T Caterpillar Track Type Tractor, Serial No.
JEL00331

CAT Financial loaned money to debtor Hycroft Resources &
Development, Inc. to acquire three electric rope shovels, and
issued the Term Notes and Security Deposit Notes pursuant to their
Loan Agreement. Allied Nevada Gold Corp., at. al., currently owe
CAT Financial $59,743,137.59 under the Term Notes and the Security
Deposit Notes. The shovels have an estimated liquidation value of
$40,429,795. CAT Financial also leased certain equipment to HDRI
for use at the Hycroft Mine. On July 10, 2015, HRDI informed CAT
Financial that it would no longer make payments under the Finance
Leases. The Debtors currently owe CAT Financial $6,749,317.12 under
the Finance Leases. The estimated liquidation value of the
equipment is $5,631,500. CAT Financial has perfected its liens on
the shovels and leased equipment.

Peter J. Duhig, Esq., at Buchanan Ingersoll & Rooney PC, in
Wilmington, Delaware, tells the Court that the Debtors have shut
down their mining operations at the Hycroft Mine and no longer need
the shovels and leased equipment. He further tells the Court that
the Debtors have informed CAT Financial that they will no longer be
making payments under the Notes or the Finance Leases. Mr. Duhig
notes that the Debtors have not made the monthly payments due for
July and that the Debtors are in default under the Loan Documents
and Finance Leases. He relates that the Debtors have informed CAT
Financial that they intend to surrender the shovels and leased
equipment back to CAT Financial. Mr. Duhig further tells the court
that the automatic stay prevents CAT Financial from exercising its
rights to repossess or otherwise protect the shovels and the leased
equipment, while its collateral is likely to depreciate in value.

Caterpillar Financial Services is represented by:

          Peter J. Duhig, Esq.
          BUCHANAN INGERSOLL & ROONEY PC
          919 N. Market Street, Suite 1500
          Wilmington, DE 19801
          Telephone: (302)552-4200
          Facsimile: (302)552-4295
          E-mail: peter.duhig@bipc.com

                     About Allied Nevada Gold

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: Court Grants Stay Relief to Banc of America
----------------------------------------------------------
Banc of America Leasing & Capital, LLC, et al., sought and obtained
from Judge Mary F. Walrath of the U.S. Bankruptcy Court for the
District of Delaware relief from the automatic stay with regard to
16 pieces of equipment.

Debtor Allied Nevada Gold Corp. entered into a Master Lease
Agreement with BofA, wherein BofA extended credit to Allied Nevada
and its affiliated Debtors for the financing of certain commerical
equipment. The Debtors then leased equipment from BofA. BofA
assigned its rights to the leases of certain equipment, with the
lease intended as security, to: (a) People's Capital and Leasing
Corp.; (b) MB Financial Bank, N.A.; (c) KeyBank National
Association; (d) Washington Federal, a national banking
association; and (e) Western Alliance Bank.

On June 23, 2015, these proofs of claim were filed in the Debtors'
bankruptcy cases: (a) BofA: $9,238,163; (b) People's Capital:
$5,313,370; (c) MB Financial: $4,548,652; (d) KEF: $5,572,389; (e)
Washington Federal: $5,034,789.34; and (f) Western Alliance:
$5,603,520.

The Debtors' monthly Base Rent payment for July 2015 with respect
to all 16 pieces of equipment total $1,108,810.  They are past due
their Base Rent payment on 9 of the 16 pieces of equipment in the
amount of $567,698.  By August 11 2015, the Debtors will be past
due on their Base Rent payments on all of the remaining equipment,
with the exception of the proposed retained equipment, which the
Debtors intend to continue timely paying.

J. Cory Falgowski, Esq., at Reed Smith LLP, in Wilmington,
Delaware, asserts that BofA, et. al., are entitled to relief from
the automatic stay for the following reasons: (a) the Debtors have
defaulted under the Lease Documents; (b) the Hycroft Mine has
ceased operations; (c) the equipment is depreciating in value and
will not be maintained by the Debtors; and (d) the Debtors failed
and continue to fail to make adequate protection payments.  

Banc of America Leasing, et. al., are represented by:

          J. Cory Falgowski, Esq.
          REED SMITH LLP
          1201 Market Street, Suite 1500
          Wilmington, DE 19801
          Telephone: (302)778-7500
          Facsimile: (302)778-7575
          E-mail: jfalgowski@reedsmith.com

                  - and -

          Marsha A. Houston, Esq.
          Christopher O. Rivas, Esq.
          REED SMITH LLP
          355 S. Grand Ave., Suite 2900
          Los Angeles, CA 90071
          Telephone: (213)457-8000
          Facsimile: (213)457-8080
          E-mail: mhouston@reedsmith.com
                 crivas@reedsmith.com

                     About Allied Nevada Gold

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: Plan Goes to Oct. 6 Confirmation Hearing
-------------------------------------------------------
Judge Mary F. Walrath of the U.S. Bankruptcy Court for the District
of Delaware approved on Aug. 28 the disclosure statement explaining
Allied Nevada Gold Corp., et al.'s Amended Joint Chapter 11 Plan of
Reorganization.

On August 27, 2015, a hearing was held to consider, among other
things, the approval of the Amended Disclosure Statement.  As set
forth on the record at the Hearing, the Court (i) indicated it was
prepared to enter the Proposed Order, subject to certain
modifications to the Amended Disclosure Statement to which the
Debtors had agreed with certain parties in interest, and (ii)
directed the Debtors to submit, under certification of counsel, a
Proposed Order following the filing of a further modified Amended
Disclosure Statement.

Subsequent to the Hearing, the Debtors filed the modified Amended
Disclosure Statement, a full-text copy of which is available for
free at http://is.gd/oZJH8S

The Plan is a plan of reorganization for each of the Debtors;
however, the Plan provides that for purposes of distributions, the
Debtors will be substantively consolidated.  The Plan provides that
a Holder of an Allowed Unsecured Claim will receive either:

   (i) its Pro Rata share of 100% of the New Common Stock, subject
       to dilution on account of: (a) the conversion of the New
       Second Lien Convertible Notes and (b) the exercise of the
       New Warrants; or

  (ii) its Pro Rata share of the Convenience Claim Distribution,
       which is equal to $2,750,000, if a Holder of an Allowed
       Unsecured Claim (1) holds a claim that is equal to or less
       than $500,000 or (2) elects to reduce its Claim to an
       amount equal to or less than $500,000.

The Confirmation Hearing will commence at 10:00 a.m. (Prevailing
Eastern Time) on Oct. 6, 2015, which date may be continued from
time to time without further notice other than adjournments
announced at the Confirmation Hearing.

Any objections to confirmation of the Plan, including to the
assumption of executory contracts and unexpired leases and the
proposed cure amounts associated therewith, must be filed on or
before Sept. 25.  Ballots accepting or rejecting the Plan must be
received by Sept. 28.

                       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: Tuttle Seeks Appointment of Examiner
---------------------------------------------------
Brian Tuttle asks the U.S. Bankruptcy Court for the District of
Delaware to appoint an examiner with access to and authority to
disclose privileged materials of Allied Nevada Gold Corp.

Mr. Tuttle contends that the rightful owners of the Debtors' assets
may have viable claims not outlined on the Debtors' balance sheet
that may only be recovered after an impartial examination. He
further contends that if the preponderance of evidence shows that
allegations of insider trading have merit, certain stakeholders
disadvantaged by such acts may move to extinguish stakeholders who
purchased claims in the Debtors' estate with ill gotten gains.  Mr.
Tuttle alleges that the current managers of the Debtors' assets
have not been upfront with certain Equity Holders and may be
protecting themselves from prosecution that possibly could result
in restitution for the estate.

                     About Allied Nevada Gold

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.



ALONSO & CARUS: Panel Hires Lowenstein Sandler as Counsel
---------------------------------------------------------
The Official Committee of Unsecured Creditors of Alonso & Carus
Iron Works, Inc. seeks authorization from the U.S. Bankruptcy Court
for the District of Puerto Rico to retain Lowenstein Sandler LLP as
counsel to the Committee, effective July 15, 2015.

The Committee requires Lowenstein Sandler to:

   (a) advise the Committee with respect to its rights, duties,
       and powers in this Chapter 11 Case;

   (b) assist and advise the Committee in its consultations with
       the Debtor relative to the administration of this Chapter
       11 Case;

   (c) assist the Committee in analyzing the claims of the
       Debtor's creditors and the Debtor's capital structure and
       in negotiating with holders of claims and equity interests;

   (d) assist the Committee in its investigation of the acts,
       conduct, assets, liabilities, and financial condition of
       the Debtor and of the operation of the Debtor's business;

   (e) assist the Committee in its investigation of the liens and
       claims of the holders of the Debtor's pre-petition debt and

       the prosecution of any claims or causes of action revealed
       by such investigation;

   (f) assist the Committee in its analysis of, and negotiations
       with, the Debtor or any third party concerning matters
       related to, among other things, the assumption or rejection

       of certain leases of nonresidential real property and
       executory contracts, asset dispositions, sale of assets,
       financing of other transactions and the terms of one or
       more plans of reorganization for the Debtor and
       accompanying disclosure statements and related plan
       documents;

   (g) assist and advise the Committee as to its communications to

       unsecured creditors regarding significant matters in this
       Chapter 11 Case;

   (h) represent the Committee at hearings and other proceedings;

   (i) review and analyze applications, orders, statements of
       operations, and schedules filed with the Court and advise
       the Committee as to their propriety;

   (j) assist the Committee in preparing pleadings and
       applications as may be necessary in furtherance of the
       Committee's interests and objectives;

   (k) prepare, on behalf of the Committee, any pleadings,
       including without limitation, motions, memoranda,
       complaints, adversary complaints, objections, or comments
       in connection with any of the foregoing; and

   (l) perform such other legal services as may be required or are

       otherwise deemed to be in the interest of the Committee in
       accordance with the Committee's powers and duties as set
       forth in the Bankruptcy Code, Bankruptcy Rules, or other
       applicable law.

Lowenstein Sandler will be paid at these hourly rates:

       Partners                     $350
       Counsel/Senior Associates    $275
       Associates                   $200
       Paralegals                   $85

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

Jeffrey D. Prol, partner of Lowenstein Sandler, 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.

Lowenstein Sandler can be reached at:

       Jeffrey D. Prol, Esq.
       LOWENSTEIN SANDLER LLP
       65 Livingston Avenue &
       6 Becker Farm Road
       Roseland, NJ 07068
       Tel: (973) 597-2490
       Fax: (973) 597-2491
       E-mail: jprol@lowenstein.com

                         About Alonso & Carus

Alonso & Carus Iron Works, Inc., sought Chapter 11 protection
(Bankr. D.P.R. Case No. 15-02250) in Old San Juan, Puerto Rico, on
March 27, 2015.  The case is assigned to Judge Enrique S. Lamoutte
Inclan.

The Catano, Puerto Rico-based debtor has filed schedules of assets
and liabilities, disclosing $23,028,113 in total assets and
$14,919,146 in total debts.

The Debtor on the Petition Date filed applications to employ
Charles A Curpill, PSC Law office, as counsel; and CPA Luis R.
Carrasquillo & Co, PSC as financial consultant.


ALPHA NATURAL: Seeks Confirmation of Escrow Agent's Authority
-------------------------------------------------------------
Alpha Natural Resources, Inc., and its affiliated debtors ask the
U.S. Bankruptcy Court for the Eastern District of Virginia,
Richmond Division, to confirm the authority of the escrow agent,
Steptoe & Johnson PLLC, to take any and all remaining steps to
implement the Pittsburgh 8 Transaction.

The Pittsburgh 8 Transaction consisted of a closing agreement
between Consol Energy Inc.'s subsidiaries Consol Pennsylvania Coal
Company, LLC and Conrhein Coal Company, also known as the Consol
Parties, with Debtors Alpha Coal Resources Company, LLC, and
Pennsylvania Land Holdings Company, LLC, also known as the Alpha
Parties.  The agreement was to transfer all rights, title and
interest of the Alpha Parties in and to a certain portion of the
Pittsburgh 8 Seam, and associated coal-bed methane within the
subject area, which consists of 2,718 acres, to Consol Pennsylvania
Coal and to release certain coal subleases previously made to the
Alpha Parties by Conrhein within the subject area. In exchange for
these rights and interests, the Consol Parties agreed to pay the
Alpha Parties $10 million in cash as well as give other, additional
consideration described in the Pittsburgh 8 Transaction documents.
Among other things, the Consol Parties agreed to pay royalties
relating to mining the Pittsburgh 8 Seam coal in the Subject Area.

Consol Pennsylvania Coal and the Alpha Parties executed an escrow
agreement to facilitate the prompt consummation of the Pittsburgh 8
Transaction.

Henry P. (Toby) Long, III, Esq., at Hunton & Williams LLP, in
Richmond, Virginia, tells the Court that the Escrow Agent has
expressed uncertainty about the effect of the chapter 11 cases on
its authority to take the remaining administrative steps necessary
to implement the Pittsburgh 8 Transaction, including recording
recordable documents, releasing the escrowed purchase price to the
Alpha Parties and delivering recordable documents to the Consol
Parties.  He further tells the Court that the Escrow Agent will not
take these remaining steps without an order of the Court providing
assurances that the Pittsburgh 8 Assets are not part of the
Debtors' bankruptcy estates and that such actions of the Escrow
Agent are authorized and would not otherwise violate the Bankruptcy
Code.

Mr. Long relates that the Court may issue an order confirming the
Escrow Agent's authority to take outstanding administrative steps
to implement a transaction that was substantially consummated
prepetition and is in the best interest of the Debtors' estates and
creditors.  He adds that such an order will (a) confirm that the
Escrow Agent's actions will not violate the automatic stay or other
provisions of the Bankruptcy Code and (b) thereby assist the
Debtors in obtaining the Escrowed Purchase Price for the benefit of
their respective bankruptcy estates.

The Debtors' attorneys can be reached at:

          Tyler P. Brown, Esq.
          J.R. Smith, Esq.
          Henry P. (Toby) Long, III, Esq.
          Justin F. Paget, Esq.
          HUNTON & WILLIAMS LLP
          Riverfront Plaza, East Tower
          951 East Byrd Street
          Richmond, VA 23219
          Telephone: (804)788-8200
          Facsimile: (804)788-8218
          E-mail: tpbrown@hunton.com
                  jrsmith@hunton.com
                  hlong@hunton.com
                  jpaget@hunton.com

                 - and -

          David G. Heiman, Esq.
          Carl E. Black, Esq.
          Thomas A. Wilson, Esq.
          JONES DAY
          North Point
          901 Lakeside Avenue
          Cleveland, OH 44114
          Telephone: (216)586-3939
          Facsimile: (216)579-0212
          E-mail: dgheiman@jonesday.com
                  ceblack@jonesday.com
                  tawilson@jonesday.com

                   About Alpha Natural Resources

Alpha Natural -- http://www.alphanr.com/-- is a coal supplier,  
ranked second largest among publicly traded U.S. coal producers as
measured by 2014 consolidated revenues of $4.3 billion.  

Alpha Natural Resources, Inc. (Bankr. E.D. Va. Case No. 15-33896)
and its affiliates filed separate Chapter 11 bankruptcy petitions
on Aug. 3, 2015, listing $9.9 billion in total assets as of June
30, 2015, and $7.3 billion in total liabilities as of June 30,
2015.  The petition was signed by Richard H. Verheij, executive
vice president, general counsel and corporate secretary.

Judge Kevin R. Huennekens presides over the case.

David G. Heiman, Esq., Carl E. Black, Esq., and Thomas A. Wilson,
Esq., at Jones Day serve as the Debtors' general counsel.

Tyler P. Brown, Esq., J.R. Smith, Esq., Henry P. (Toby) Long, III,
Esq., and Justin F. Paget, Esq., serve as the Debtors' local
counsel.  Rothschild Group is the Debtors' financial advisor.
Alvarez & Marshal Holdings, LLC, is the Debtors' investment banker.
Kurtzman Carson Consultants, LLC, is the Debtors' claims and
noticing agent.



ALPHA NATURAL: U.S. Trustee Balks at Undisclosed Financing Terms
----------------------------------------------------------------
The U.S. Trustee for Region 4 objected to Alpha Natural Resources,
Inc., et al.'s motion to file under seal Exhibit F to the motion to
obtain postpetition financing.

According to the U.S. Trustee, the Debtors asked that the Court
grant the extraordinary relief of keeping critical costs and terms
of Alpha's postpetition financing package secret from the very
creditors and parties-in-interest who are affected by the
financing package and who are charged with analyzing the propriety
of the financing package.

The U.S. Trustee related that the Debtors has provided no factual
or legal basis that would allow the Court to grant the
extraordinary relief.

As reported in the Troubled Company Reporter on Aug. 14, 2015,
the Hon. Kevin R. Huennekens of the U.S. Bankruptcy Court for the
Eastern District of Virginia will convene a hearing on Sept. 1,
2015, at 11:00 a.m., to consider final approval of the Debtors'
request to obtain postpetition financing and use cash collateral.

Judge Huennekens, on Aug. 4, gave the Debtors interim authority to
obtain up to an aggregate principal amount of (i) $108.0 million
under the Term L/C Facility, (ii) $191.2 million under the Second
Out Facility, and (iii) $100.0 million of Bonding Facility Letters
of Credit.  The Debtors are also given interim authority to use
cash collateral securing their prepetition indebtedness.

Judge Huennekens also gave the Debtors interim authority to file
under seal a Fee Letter that accompanies the DIP Facility.

                      About Alpha Natural

Alpha Natural -- http://www.alphanr.com-- is a coal supplier,    
ranked second largest among publicly traded U.S. coal producers as
measured by 2014 consolidated revenues of $4.3 billion.  

Alpha Natural Resources, Inc. (Bankr. E.D. Va. Case No. 15-33896)
and its affiliates filed separate Chapter 11 bankruptcy petitions
on Aug. 3, 2015, listing $9.9 billion in total assets as of June
30, 2015, and $7.3 billion in total liabilities as of June 30,
2015.  The petition was signed by Richard H. Verheij, executive
vice president, general counsel and corporate secretary.

Judge Kevin R. Huennekens presides over the case.

David G. Heiman, Esq., Carl E. Black, Esq., and Thomas A. Wilson,
Esq., at Jones Day serve as the Debtors' general counsel.

Tyler P. Brown, Esq., J.R. Smith, Esq., Henry P. (Toby) Long, III,
Esq., and Justin F. Paget, Esq., serve as the Debtors' local
counsel.  Rothschild Group is the Debtors' financial advisor.
Alvarez & Marshal Holdings, LLC, is the Debtors' investment banker.
Kurtzman Carson Consultants, LLC, is the Debtors' claims and
noticing agent.

The U.S. Trustee for Region 4 appointed seven creditors of Alpha
Natural Resources Inc. to serve on the official committee of
unsecured creditors.



AMERICAN POWER: Completes $3.25 Million Term Loan Financing
-----------------------------------------------------------
American Power Group Corporation announced that its subsidiary,
American Power Group, Inc., has secured $3.25 million of term loan
financing from an accredited institutional investor of which
certain members are affiliated with several members APGI's Board of
Directors.  The proceeds will be used to purchase two additional
Flare Capture and Recovery Systems that can monetize captured
flared gas converted into Natural Gas Liquids.  In addition, one of
the two units will be able to produce compressed natural gas for
APG's Turbocharged Natural Gas Dual Fuel conversion technology.  

APG recently announced signing a license agreement with Trident
Resources, LLCfor the exclusive worldwide right to commercialize
Trident's proprietary NGL processing technology.  APG purchased
certain of Trident's operating assets including two existing mobile
NGL processing systems currently servicing remote or stranded well
sites for one of the top five oil and gas exploration and
production companies in the Bakken region of North Dakota.  The
purchase of the two new additional systems is in response to an
overwhelming demand from operators of existing remote/stranded well
sites and allows us to increase our processing capability in the
Bakken to meet the more stringent flare capture regulations coming
due in 2016 and 2020.  An average remote or stranded well site
producing one to two million cubic feet of flared gas per day has
the capacity to produce several million gallons of NGL and over a
million equivalent diesel gallons of natural gas on an annual basis
making this a multi-billion dollar regulatory-driven market.

Lyle Jensen, CEO of American Power Group stated, "Since our initial
announcement last week, the interest level in our flare capture and
recovery services has exceeded all expectations with inquiries from
all over the world reflecting the fact that flare capture and
recovery at remote well sites is a much bigger challenge than first
contemplated.  We have created a Trident NGL Services Division that
has launched in the Bakken region which has over 2,500 well sites
classified as remote or stranded but we absolutely intend to expand
our Flare to Fuel capabilities to other oil and gas fields in North
America and, eventually, other regions of the world."

Mr. Jensen added, "Last week, in support of President Obama's
effort to address climate change, the Environmental Protection
Agency announced they will propose the first-ever federal
regulations to cut methane emissions from oil and natural gas
drilling by 40%-45% over the next decade.  APG's new methane
capture and recovery system is designed to capture over 90% of the
methane at remote and stranded well sites producing natural gas
which can be used to reduce harmful NOx emissions by replacing
diesel fuel by using our Turbocharged Natural Gas Dual Fuel
conversion technology.  We are looking forward to integrating these
market leading technologies into a formidable emission reduction
solution."

                    About American Power Group

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

American Power reported a net loss available to common stockholders
of $2.92 million on $7.01 million of net sales for the year ended
Sept. 30, 2013.  As of June 30, 2015, the Company had $8.9 million
in total assets, $7.7 million in total liabilities and $1.1 million
in total stockholders' equity.


ANDEANGOLD LTD: Delays Filing of Annual Financial Statements
------------------------------------------------------------
AndeanGold Ltd. on Aug. 27 disclosed that, further to its news
releases of August 4, 2015 and August 13, 2015 announcing the delay
in the filing date of its audited financial statements and the
subsequent granting of a Management Cease Trade Order by the
British Columbia Securities Commission on July 30, 2015, the
Company is continuing its search for a new Chief Financial Officer
and is endeavoring to complete its audit as early as is
practicable.  As announced in the Company's news release dated
August 4, 2015, the Company's previous Chief Financial Officer
resigned on July 27, 2015.  Following such resignation, the Company
was unable to engage a replacement Chief Financial Officer in
sufficient time to review and certify the annual financial
statements by the filing deadline of July 29, 2015.

The Company also reports that it in addition to the existing
default status, it will also be in default of complying with
continuous disclosure filing requirements with respect to its
Interim Financial Statements (part 4 of national instrument
51-102:Continuous Disclosure Obligations) and its Management
Discussion and Analysis (Part 5 of NI 51-102) for the three-month
period ended June 30, 2015; this material was to be filed by August
31, 2015.

                      About AndeanGold Ltd.

AndeanGold Ltd. -- http://www.andeangoldltd.com-- is engaged in
the acquisition, exploration and potential development of base --
and precious-metals properties, principally in Peru and Ecuador.
The focus of the Company's current exploration activities is in
advancing its Urumalqui Project in La Libertad, Peru.

In Ecuador, the Company's activities have been limited to
maintaining its three properties in good standing.

AndeanGold Ltd. trades with symbol AAU on the TSX Venture Exchange
and currently has 112,046,579 shares outstanding (132,987,757 fully
diluted).



APOLLO MEDICAL: Amends Second Quarter Form 10-Q to Add Disclosure
-----------------------------------------------------------------
Apollo Medical Holdings, Inc., has filed an amended quarterly
report on Form 10-Q for the period ended June 30, 2015, to:

   (1) conform Note 6 to the unaudited condensed consolidated
       financial statements to add the disclosure from Part II
       Item 5 relating to the Company's Aug. 18, 2015, Waiver and
       Consent with NNA of Nevada, Inc., an affiliate of Fresenius
       Medical Care Holdings, Inc.;

   (2) conform Item 2. "Management's Discussion and Analysis of
       Financial Condition and Results of Operations" to add the  
       disclosure from Part II Item 5 relating to the Company's
       Waiver with NNA and to make consistent the liquidity
       discussion under "Liquidity and Capital Resources" with
       Note 1 to the condensed consolidated financial statements;

   (3) correct inadvertent errors in the Weighted Average Per
       Share Intrinsic Value column in the "Options" table in Note
       9 to the unaudited condensed consolidated financial
       statements;

  (4) add two risk factors to Part II, Item 1A. "Risk Factors,"

  (5) correct the number of warrants outstanding in the "Warrants"
      table in Note 9 to the unaudited condensed consolidated
      financial statements;

  (6) add additional disclosure to Part II Item 5 relating to the
      Company's Aug. 18, 2015, Waiver with NNA;

  (7) add disclosure of the recent announcement from the Centers
      for Medicare & Medicaid Services to Notes 1 and 2 to the
      unaudited condensed consolidated financial statements and to
      Item 2. "Management's Discussion and Analysis of Financial
      Condition and Results of Operations,";

  (8) add Note 11 as a subsequent event footnote to further
      describe the CMS announcement to the unaudited condensed
      consolidated financial statements; and

  (9) furnish the Interactive Data files as Exhibits 101 to the
      Form 10-Q.

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

                         http://is.gd/TPRmtF

                         About Apollo Medical

Glendale, Calif.-based Apollo Medical Holdings, Inc., provides
hospitalist services in the Greater Los Angeles, California area.
Hospitalist medicine is organized around the admission and care of
patients in an inpatient facility such as a hospital or skilled
nursing facility and is focused on providing, managing and
coordinating the care of hospitalized patients.

Apollo Medical reported a net loss attributable to the Company of
$1.8 million on $32.9 million of net revenues for the year ended
March 31, 2015, compared to a net loss attributable to the Company
of $5 million on $10.5 million of net revenues for the year ended
Jan. 31, 2014.

As of June 30, 2015, the Company had $13.26 million in total
assets, $16.99 million in total liabilities and total
stockholders'
deficit of $3.73 million.


ARCHER HEALTHCARE: Nursing Home Put on Foreclosure Sale
-------------------------------------------------------
Jerry Phillips at Archer County News reports that Wood Family
Enterprises, Inc., has requested a substitute trustee to sell its
property at 200 E. Chestnut, Texas, which houses the nursing home
operation of Archer City Healthcare Providers, LLC, dba Archer City
Nursing Center.  According to the report, the sale will be held on
Sept. 1, 2015.  The court-appointed patient care ombudsman has been
notified of the pending sale, the report adds.

Wood Family, according to County News, leases the facility to
Archer City Nursing Center.

County News recalls that Wood Family president Ron Sanborn executed
a deed of trust pledging the nursing home property as security in
March 2008 for the balance of a $4.3 million debt that went back to
May 1990.  The holder of the indebtedness is Wood Nursing Home,
Inc., the report states.

County News says that a notice of foreclosure sale is on record in
the Archer County Clerk's office, stating that "default has
occurred in the payment of the Note and in the performance of the
obligations of the Deed of Trust.  Because of the default, Wood
Nursing Home, Inc., the owner and holder of the Note, has requested
the Substitute Trustee to sell the Property."

The sale will be a public auction, and Wood Nursing Home, Inc., may
bid by credit against the indebtedness, County News reports.  

The land and improvements is valued for tax purposes at $277,860,
County News relates, citing Archer County Appraisal District.  

Archer Healthcare Providers, LLC, dba Archer City Nursing Center,
filed for Chapter 11 bankruptcy protection (Bankr. N.D. Tex. Case
No. 14-70401) on Dec. 9, 2014.  Weldon L. Moore, III, Esq., Sussman
& Moore, L.L.P., serves as the Company's bankruptcy counsel.


ASPEN GROUP: Amends Fiscal 2015 Annual Report
---------------------------------------------
Aspen Group, Inc., has amended its annual report on Form 10-K for
the year ended April 30, 2015, to amend Part III of the Report
because the Company does not intend to file its definitive proxy
statement within 120 days of the end of the fiscal year.  Part III
contains the following:

Item 10.  Directors, Executive Officers and Corporate Governance

Item 11.  Executive Compensation

Item 12.  Security Ownership of Certain Beneficial Owners and
          Management and Related Stockholder Matters

Item 13.  Certain Relationships and Related Transactions, and    
          Director Independence

Item 14.  Principal Accounting Fees and Services

A copy of the Form 10-K/A is available at http://is.gd/HpSlLU

                         About Aspen Group

Denver, Colo.-based Aspen Group, Inc., was founded in Colorado in
1987 as the International School of Information Management.  On
Sept. 30, 2004, it was acquired by Higher Education Management
Group, Inc., and changed its name to Aspen University Inc.  On
May 13, 2011, the Company formed in Colorado a subsidiary, Aspen
University Marketing, LLC, which is currently inactive.  On
March 13, 2012, the Company was recapitalized in a reverse merger.

Aspen's mission is to become an institution of choice for adult
learners by offering cost-effective, comprehensive, and relevant
online education.  Approximately 88 percent of the Company's
degree-seeking students (as of June 30, 2012) were enrolled in
graduate degree programs (Master or Doctorate degree program).
Since 1993, the Company has been nationally accredited by the
Distance Education and Training Council, a national accrediting
agency recognized by the U.S. Department of Education.

Aspen Group reported a net loss of $4.2 million on $5.2 million of
revenues for the year ended April 30, 2015, compared to a net loss
of $5.3 million on $3.9 million of revenues for the year ended
April 30, 2014.  As of April 30, 2015, the Company had $5.9 million
in total assets, $3.3 million in total liabilities and $2.6 million
in total stockholders' equity.


ASSET RESOLUTION: Trustee's Settlement with Combat Brands Denied
----------------------------------------------------------------
Judge Robert D. Berger of the United States Bankruptcy Court for
the District of Kansas denied Asset Resolution Corp.'s Chapter 7
Trustee's motion for approval of an intended compromise and entry
of a permanent injunction.

At a hearing on April 17, 2015, after his counsel's investigation,
the Trustee reported to the court that the estate did not have any
credible claims against Ringside Inc., Combat Brands, LLC, and RAL,
LLC, and that these claims have a value of zero dollars.

On January 16, 2015, the Trustee filed a motion for intended
compromise seeking approval of a proposed settlement.  The
settlement provides, in exchange for $30,000 payment, a complete
settlement of all claims the Trustee could make against Combat and
Exemplar Holdings, LLC, et al., (the "Released Parties"), and
includes a sweeping third-party injunction which, among other
things, would permanently enjoin estate creditors from pursuing
their own claims.

On February 13, 2015, Everlast World's Boxing Headquarters
Corporation filed an objection requesting the court to deny the
Trustee's motion for intended compromise.

Judge Berger found that the Trustee's proposed compromised
agreement fails to meet Rule 9019 of the Federal Rules of
Bankruptcy Procedure requirements because the Trustee's conclusions
lack a factual and legal basis and the agreement is not both fair
and equitable and in the best interests of the estate.

Judge Berger also found that the requested injunction is
inappropriate under Section 105 because it bars unpaid estate
creditors from asserting their claims in exchange for little or no
distribution.

Finally, Judge Berger ordered the Trustee and parties-in-interest
to show cause why the claims the Trustee now asserts are valueless
should not be abandoned or this bankruptcy case dismissed.  The
Trustee had admitted that he has nothing to pursue.

The case is In re: ASSET RESOLUTION CORP., Debtor. Chapter 7, CASE
NO. 12-22932 (Bankr. D. Kan.).

A full-text copy of Judge Berger's August 5, 2015 memorandum
opinion and order is available at http://is.gd/c4XBhQfrom
Leagle.com.

              About Asset Resolution

Asset Resolution Corp., fka Ringside, Inc., filed for Chapter 11
(Bankr. D. Kan. Case No. 12-22932) on Oct. 29, 2012.  Bankruptcy
Judge Robert D. Berger presides over the case.  Jeffrey A. Deines,
Esq., at Lentz Clark Deines, P.A.  In its petition, the Debtor
estimated under $50,000 in assets and under $10 million in debts.
A list of the Debtor's 20 largest unsecured creditors is available
at http://bankrupt.com/misc/ksb12-22932.pdf The petition was
signed by John Brown, CEO.


ATLANTIC & PACIFIC: Court Approves Global Bidding Procedures
------------------------------------------------------------
Judge Robert Drain of the United States Bankruptcy Court of the
Southern District of New York approved the global bidding
procedures governing the sale of the assets of The Great Atlantic &
Pacific Tea Company, Inc., and its debtor affiliates.

The deadline to submit a bid for one or more Stores is September
11, 2015 at 5:00 p.m. (ET).  The deadline to lodge an objection
with the Court to the proposed sale of the Stores is September 11
for the 118 stores included in the current Bids; and October 2 for
any of the 153 stores not included in the current Bids.  Auctions
for Stores have been scheduled for September 24 and 25.

The Bankruptcy Court will conduct a hearing to consider the
proposed sales on September 21, 2015 at 10:00 a.m. (Eastern Time)
if a Bid is the only Qualified Bid received; and/or October 7 if
more than one Qualified Bid is received and an Auction is
conducted.

The Debtors and their advisors, including Evercore Group LLC and
Hilco Real Estate LLC, engaged in a robust and extensive marketing
and sale process before and after the Petition Date, over a period
of more than four months, to solicit and develop the highest or
best offer for the Stores.

The Debtors have selected three stalking horse bidders (a) Acme
Markets, Inc.; (b) The Stop & Shop Supermarket Company, LLC; and
(c) Key Food Stores Co-Operative, Inc.; and executed three asset
purchase agreements on July 19, 2015.  In the aggregate, the
Stalking Horse Agreements contemplate a sale of 120 stores on a
going-concern basis for an aggregate purchase price of $429,600,000
free and clear of all liens, claims, encumbrances, and other
interests pursuant to Section 363(f) of the Bankruptcy Code.  The
Stalking Horse Agreements also provide for the purchase of certain
inventory, including certain pharmaceutical inventory, which is
estimated to result in approximately $120,000, 000 in additional
proceeds.

Stephen Goldstein, the Senior Managing Director of Evercore, in his
support declaration, asserted that subjecting the Stalking Horse
Bids to the competitive bidding and auction process established by
the Global Bidding Procedures will result in the realization of the
best value available for the Stalking Horse Stores on an aggregate
basis , while providing the Debtors maximum flexibility in deciding
whether to execute such sales, based on the Debtors’ reasonable
business judgement.

Gregory S. Apter, the President of Hilco, also declared his support
explaining that the Debtors determined that the best way to
maximize value for distribution to creditors is to sell their
stores through an orderly, three-tiered comprehensive asset sales
strategy.  The implementation of the Global Sale and Lease
Rationalization Procedures will allow the Debtors to generate
significant value for the Debtors estates.

Judge Drain also approved the discrete sale and lease
rationalization procedures to be applied on the 153 Additional
Stores, not included in the Stalking Horse Packages and may be
utilized by the Debtors with respect to any Additional Stores as an
alternative to the Global Bidding Procedures, as determined by the
Debtors in their reasonable discretion.

These additional stores will be sold free and clear of all existing
liens, claims and encumbrances and that that all buyers of assets
pursuant to an Unopposed Small Transaction consummated pursuant to
the Order will be deemed to have purchased those assets in "good
faith" within the meaning of Section 363(m) of the Bankruptcy Code
and, as such, are entitled to all protections afforded thereby in
the event of a reversal or modification on appeal of that
transaction.

         Committee, et al., Object to Bidding Protocol

The Official Committee of Unsecured Creditors, the Bank of America,
and the Pension Benefit Guaranty Corporation, objected to the
proposed bidding procedures.  These objections were overruled.

The Committee stated that while it fully anticipates that its
remaining few issues will be resolved prior to the hearing, in the
event that the issues cannot be resolved consensually, the
Committee reserved its rights to make its objections at or prior to
the hearing on the Motion.

BofA, who leases space from the Debtors, for the purpose of
providing ATMs, asserted that there is no doubt that the Leases
constitute interests in property that require adequate protection.
Thus, if the Debtors contemplate any sale of property "free and
clear" of BofA's interests, they must also provide BofA with
adequate protection in connection with that sale.

The PBGC complained that the Global Bidding Procedures fail to take
into account the possibility that a Qualified Bidder may wish to
assume all or some portion of one or more of the defined benefit
pension plans sponsored by the Debtors.  PBGC also objected to the
timelines presented in the Global Bidding Procedures.  The
unreasonable deadlines will have a chilling effect on, if not
prevent altogether, prospective bidders and will thus decrease
competition at auction, according to PBGC.

In response to the objections, the Debtors explained that many of
the issues raised by the objections have been resolved.  Twenty-one
of the twenty-three unresolved Objections were filed by landlords.
Generally, the landlord Objections request that (i) the landlords
be granted more time to object to the assumption and assignment of
their leases and to the associated cure costs, (ii) the Debtors
provide certain specific adequate assurance information, and/or
(iii) the applicable Sale Hearing constitute a status conference to
set dates for discovery and further hearings to the extent there
are unresolved adequate assurance objections.  The Debtors have
either accommodated requests where practicable or provided a
response as to why no accommodation is advisable or required. The
Revised Global Bidding Procedures provide that the Debtors will
submit to landlords, "information supporting the Qualified Bidder's
ability to comply with the requirements of adequate assurance of
future performance under section 365(f)(2)(B) and, if applicable,
section 365(b)(3) of the Bankruptcy Code, including, the Potential
Bidder's financial wherewithal and willingness to perform under any
contracts that are assumed and assigned.

The Debtors are represented by:

          Ray C. Schrock, P.C., Esq.
          Garrett A. Fail, Esq.
          WEIL, GOTSHAL & MANGES LLP
          767 Fifth Avenue
          New York, New York 10153
          Tel: (212) 310-8000
          Fax: (212) 310-8007
          Email: ray.schrock@weil.com
                 Garrett.fail@weil.com

The Official Committee of Unsecured Creditors is represented by:

          Robert J. Feinstein, Esq.
          Bradford  J. Sandler, Esq.
          PACHULSKI STANG ZIEHL & JONES LLP
          780 Third Avenue, 34th Floor
          New York, New York 10017
          Tel: (212) 561-7700
          Fax: (212) 561-7777
          Email: rfeinstein@pszjlaw.com
                 bsandler@pszjlaw.com

Bank of America, National Association is represented by:

          William Hao, Esq.
          ALSTON & BIRD LLP
          90 Park Ave.
          New York, New York 10016
          Tel: (212) 210-9400
          Fax: (212) 210-9444
          Email: william.hao@alston.com
  
             -- and --

          David A. Wender, P.C., Esq.
          ALSTON & BIRD LLP
          One Atlantic Center
          1201 West Peachtree Street
          Atlanta, Georgia 30309-3424
          Tel: (404) 881-7000
          Fax: (404) 253-8563
          Email:  david.wender@alston.com

Pension Benefit Guaranty  Corporation is represented by:

          Israel Goldowitz, Esq.
          Charles L. Finke, Esq.
          Lori A. Butler, Esq.
          Damarr M. Butler, Esq.
          Thea D. Davis, Esq.
          Office of the Chief Counsel
          1200 K Street, N.W.
          Washington, D.C. 20005
          Tel: (202) 326-4020, ext. 6883
          Fax: (202) 326-4112
          Emails: butler.damarr@pbgc.gov
                 efile@pbgc.gov
                  About Atlantic & Pacific

Based in Montvale, New Jersey, The Great Atlantic & Pacific Tea
Company, Inc., and its affiliates are one of the nation's oldest
leading supermarket and food retailers, operating approximately
300
supermarkets, beer, wine, and liquor stores, combination food and
drug stores, and limited assortment food stores across six
Northeastern states.  The primary retail operations consist of
supermarkets operated under a variety of well known trade names,
or
"banners," including A&P, Waldbaum's, SuperFresh, Pathmark, Food
Basics, The Food Emporium, Best Cellars, and A&P Liquors.  The
Company employs approximately 28,500 employees, over 90% of whom
are members of one of twelve local unions whose members are
employed by the Debtors under the authority of 35 separate
collective bargaining agreements.

Then with 429 stores, A&P and its affiliates filed Chapter 11
petitions (Bankr. S.D.N.Y. Case No. 10-24549) on Dec. 12, 2010,
and in 2012 emerged from Chapter 11 bankruptcy as a privately held
company with 320 supermarkets.

On July 19, 2015, with 300 stores, A&P and 20 affiliated debtors
each filed a Chapter 11 petition (Bankr. S.D.N.Y.) after reaching
deals for the going concern sales of 120 stores.  The Debtors are
seeking joint administration under Case No. 15-23007.

As of Feb. 28, 2015, the Debtors reported total assets of $1.6
billion and liabilities of $2.3 billion.

The Debtors tapped Weil, Gotshal & Manges LLP as counsel, Evercore
Group L.L.C., as investment banker, FTI Consulting, Inc., as
financial advisor, Hilco Real Estate, LLC, as real estate advisor,
and Prime Clerk LLC, as claims and noticing agent.

The U.S. Trustee for Region 2 appointed seven creditors of The
Great Atlantic & Pacific Tea Co. to serve on the official
committee
of unsecured creditors.


ATLANTIC & PACIFIC: Has Final Authority to Close Stores
-------------------------------------------------------
Judge Robert D. Drain of the United States Bankruptcy Court
Southern District of New York authorized The Great Atlantic &
Pacific Tea Company, Inc., et al., to implement their store closing
procedures, and sell, transfer or abandon de minimis assets.

The Debtors seek to implement orderly procedures to close their
stores that will not continue as a going concern.  The Debtors
needed to immediately implement the Store Closing Procedures on the
Initial Closing Stores or continue to face a daily EBITDA burn rate
in the aggregate amount of $75,000.  The Store Closing Procedures
facilitate the orderly and efficient closing of stores, and,
moreover, are necessary for the Debtors to satisfy certain
milestones under the DIP Credit Agreement.

The Debtors are also give Court authority to enter into a
Liquidation Consulting Agreement with Gordon Brothers Retail
Partners, LLC.

Since entry of the Interim Order, the Debtors have proceeded with
the plans they outlined to maximize the value of their Inventory,
FF&E and Pharmaceutical Assets to the benefit of their estates and
creditors.  The Debtors and Gordon Brothers have created an
organized and detailed liquidation schedule to implement the Store
Closing Procedures with respect to the Initial Closing Stores.  The
Debtors have entered into certain Landlord Agreements and are in
discussions with a number of landlords to negotiate others.

The final order incorporates the Debtors' resolutions reached with
certain landlords and was circulated in advance to the U.S.
Trustee, counsel for the Official Committee of Unsecured Creditors,
the DIP Agent, counsel for the majority holders of PIK Notes, and
counsel for the majority holder of Convertible Notes.

Inland Commercial Real Estate Services, LLC, objected to the Store
Closing Motion, asserting that the Debtors do not provide adequate
notice to landlords of the intent to conduct store-closing sales at
their locations.  If the Store Closing Procedures are approved as
currently drafted, the Debtors may be permitted to engage an
unknown liquidator, on unknown terms, to conduct a store closing
sale at the Premises at an unknown date, all without adequate
notice to Inland and other landlords.  Accordingly, Inland asks for
at least 14 days' notice of any store closing sale that may take
place at the Premises and have sufficient opportunity to object and
be heard with respect to the same.

Union County Realty Group LLC, as successor-in-interest to Valley
Circle Inc., also filed a limited objection and asked the Court to
ensure that the Landlord is included in the notice procedures under
the Omnibus motion so the Landlord can be heard before any sale of
chattels takes place at the store.

The Debtors are represented by:

          Ray C. Schrock, P.C., Esq.
          Garrett A. Fail, Esq.
          WEIL, GOTSHAL & MANGES LLP
          767 Fifth Avenue
          New York, New York 10153
          Tel: (212) 310-8000
          Fax: (212) 310-8007
          Email: ray.schrock@weil.com
                 Garrett.fail@weil.com

Inland Commercial Real Estate Services, LLC, is represented by:

          Kevin M. Newman, Esq.
          Adam F. Kinney, Esq.
          MENTER, RUDIN & TRIVELPIECE, P.C.
          308 Maltbie Street, Suite 200
          Syracuse, New York 13204-1439
          Tel: (315) 474-7541
          Fax: (315) 474-4040
          Email: knewman@menterlaw.com
                 akinney@menterlaw.com

Union County Realty Group LLC is represented by:

          Kevin J. Nash, Esq.
          Evan M. Lazerowitz, Esq.
          GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP
          Attorneys for Union County Realty Group LLC
          1501 Broadway, 22nd Floor
          New York, New York 10036
          Tel. (212) 221-5700
          Fax: (212) 422-6836
          Email: KNash@gwfglaw.com
                 ELazerowitz@gwfglaw.com

                About Atlantic & Pacific

Based in Montvale, New Jersey, The Great Atlantic & Pacific Tea
Company, Inc., and its affiliates are one of the nation's oldest
leading supermarket and food retailers, operating approximately
300
supermarkets, beer, wine, and liquor stores, combination food and
drug stores, and limited assortment food stores across six
Northeastern states.  The primary retail operations consist of
supermarkets operated under a variety of well known trade names,
or
"banners," including A&P, Waldbaum's, SuperFresh, Pathmark, Food
Basics, The Food Emporium, Best Cellars, and A&P Liquors.  The
Company employs approximately 28,500 employees, over 90% of whom
are members of one of twelve local unions whose members are
employed by the Debtors under the authority of 35 separate
collective bargaining agreements.

Then with 429 stores, A&P and its affiliates filed Chapter 11
petitions (Bankr. S.D.N.Y. Case No. 10-24549) on Dec. 12, 2010,
and in 2012 emerged from Chapter 11 bankruptcy as a privately held
company with 320 supermarkets.

On July 19, 2015, with 300 stores, A&P and 20 affiliated debtors
each filed a Chapter 11 petition (Bankr. S.D.N.Y.) after reaching
deals for the going concern sales of 120 stores.  The Debtors are
seeking joint administration under Case No. 15-23007.

As of Feb. 28, 2015, the Debtors reported total assets of $1.6
billion and liabilities of $2.3 billion.

The Debtors tapped Weil, Gotshal & Manges LLP as counsel, Evercore
Group L.L.C., as investment banker, FTI Consulting, Inc., as
financial advisor, Hilco Real Estate, LLC, as real estate advisor,
and Prime Clerk LLC, as claims and noticing agent.

The U.S. Trustee for Region 2 appointed seven creditors of The
Great Atlantic & Pacific Tea Co. to serve on the official
committee
of unsecured creditors.


BAHA MAR: Committee Wants to Retain Cooley LLP as Lead Counsel
--------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware authorized
the Official Committee of Unsecured Creditors in the Chapter 11
cases of Northshore Mainland Services Inc., et al., to retain
Cooley LLP as its lead counsel.

WTP is expected to, among other things:

   a) assist in the Debtors' efforts to reorganize or sell their
assets in a manner that maximizes value for creditors;

   b) participate in negotiations regarding the proper venue for
these cases and advise the Committee regarding the same; and

   c) review and investigate the liens of purported secured
parties.

The Committee filed a separate application to retain Whiteford
Taylor & Preston, LLP as its Delaware counsel.

Lawrence C. Gottlieb, a partner of the law firm of Cooley, told the
Court that the current hourly rates of professionals anticipated to
be primarily staffed on the matter are:

    Attorney               Status               Hourly Rate
    --------               ------               -----------
Lawrence C. Gottlieb       Partner                 $1,055
Jeffrey L. Cohen           Partner                   $785
Richelle Kalnit            Associate                 $755
Jeremy Rothstein           Associate                 $470
Mollie Canby               Paralegal                 $210

Cooley did not receive a retainer with respect to the
representation.

Cooley is a law firm of approximately 850 attorneys with a New York
office located at 1114 Avenue of the Americas, New York, New York
10036-7798, well as an office in Shanghai, China, located at IFC -
Tower 2, Level 35, Unit 3510, 8 Century Avenue, Pudong New Area,
Shanghai, 200120, China.

Mr. Gottlieb assures the Court that no attorney at Cooley holds a
direct or indirect equity interest in the Debtors or has a right to
acquire such an interest.

Cooley also intends to make a reasonable effort to comply with the
U.S. Trustee's requests for information and additional disclosures
as set forth in the Guidelines for Reviewing Applications for
Compensation and Reimbursement of Expenses by Attorneys in
Larger Chapter 11 Cases Effective as of Nov. 1, 2013, both in
connection with this application and the interim and final fee
applications to be filed by Cooley in the Chapter 11 cases.

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.

Question:                Do any of the professionals included in   
           
                         this 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 your 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:                Not applicable.

Question:                Has your client approved your prospective

                         budget and staffing plan, and, if so for
                         what budget period?

Response:                Yes.  For the period from July 14, 2015
                         through Sept. 30, 2015.

                           About Baha Mar

Orlando, Florida-based Northshore Mainland Services Inc., Baha Mar
Enterprises Ltd., and their affiliates sought protection under
Chapter 11 of the Bankruptcy Code on June 29, 2015 (Bankr. D.Del.,
Case No. 15-11402).  Baha Mar owns, and is in the final stages of
developing, a 3.3 million square foot resort complex located in
Cable Beach, Nassau, The Bahamas.

The case is assigned to Judge Kevin J. Carey.

The Debtors are represented by Paul S. Aronzon, Esq., and Mark
Shinderman, Esq., at Milbank, Tweed, Hadley & McCloy LLP, in Los
Angeles, California; and Gerard Uzzi, Esq., Thomas J. Matz, Esq.,
and Steven Z. Szanzer, Esq., at Milbank, Tweed, Hadley & McCloy
LLP, in New York.  The Debtors' Delaware counselare Laura Davis
Jones, Esq., James E. O'Neill, Esq., Colin R. Robinson, Esq., and
Peter J. Keane, Esq., at Pachulski Stang Ziehl & Jones LLP, in
Wilmington, Delaware.  The Debtors' Bahamian counsel is Glinton
Sweeting O'Brien.  The Debtors' special litigation counsel is
Kobre & Kim LLP.  The Debtors' construction counsel is Glaser Weil
Fink Howard Avchen & Shapiro LLP.

The Debtors' investment banker and financial advisor is Moelis
Company LLC.  The Debtors' claims and noticing agent is Prime
Clerk LLC.

The U.S. Trustee for Region 3 appointed seven creditors to serve on
the official committee of unsecured creditors.  The Committee
tapped Cooley LLP as its lead counsel, and  Whiteford, Taylor &
Preston LLC as its Delaware counsel.



BAHA MAR: Panel Can Retain Whiteford Taylor as Delaware Counsel
---------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware authorized
the Official Committee of Unsecured Creditors in the Chapter 11
cases of Northshore Mainland Services, Inc., et al., to retain
Whiteford, Taylor & Preston LLC as its Delaware counsel, nunc pro
tunc to July 14, 2015.

The Committee filed a reply to the U.S. Trustee's objection,
stating that contrary to the assertions in the objection, the
relief sought in the application does not violate the provisions of
the Bankruptcy Code or the American Rule.

Andrew R. Vara, the Acting U.S. Trustee for Region 3, objected to
the retention noting that the firm sought to be paid from the
Debtors' estates for any fees, costs or expenses, arising out of
the successful defense of any fee application by in the bankruptcy
cases in response to any objection to its fees or expenses in the
cases.

The U.S. Trustee asserted that, among other things:

   1. the fee defense provisions violate the Code and the American
Rule, ignore the express directives of the United States Supreme
Court, and are otherwise unreasonable; and

   2. the fee defense provisions cannot be approved under Section
328(a) because they seek to pay professionals for work not within
the scope of their employment.

                          The Application

The Committee requested for permission to retain Whiteford Taylor
to, among other things:

   a. provide legal advice regarding local rules, practices, and
procedures and providing substantive and strategic advice on how to
accomplish Committee goals, bearing in mind that the Delaware
Bankruptcy Court relies on Delaware counsel such as WTP to be
involved in all aspects of each bankruptcy proceeding;

   b. draft, review and comment on drafts of documents to ensure
compliance with local rules, practices, and procedures; and

   c. draft, file and serve documents as requested by Cooley.

Cooley and WTP will coordinate closely to ensure that the legal
services provided to the Committee by each firm are not
duplicative.

The current hourly rates of the WTP professionals anticipated to be
primarily staffed on this matter are:

   Attorney                    Status              Hourly Rate
   --------                    ------              -----------
Christopher M. Samis           partner                $515
L. Katherine Good              counsel                $490
Kaan Ekiner                    associate              $345
Christine M. McAllister        paralegal              $235

WTP will charge the Committee for all charges and disbursements
incurred in rendering services to the Committee

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.

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 your

                              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:                     WTP did not represent the Committee
                              or any Committee member in the 12
                              months prepetition.  WTP may
                              represent in the future certain
                              Committee members and their
                              affiliates in their capacities as
                              members of official committees in
                              other chapter 11 cases or
                              individually in matters wholly
                              unrelated to these chapter 11 cases.

Question:                     Has your client approved your
                              prospective budget and staffing plan,

                              and, if so for what budget period?

Response:                     No. At the time of the filing of the
                              application, WTP has not yet
                              submitted a prospective budget and
                              staffing plan to the Committee, but
                              it intends to do so and obtain
                              approval of same in advance of the
                              application's approval.

The Committee filed a separate application to retain Cooley LLP as
lead counsel.

                           About Baha Mar

Orlando, Florida-based Northshore Mainland Services Inc., Baha Mar
Enterprises Ltd., and their affiliates sought protection under
Chapter 11 of the Bankruptcy Code on June 29, 2015 (Bankr. D.Del.,
Case No. 15-11402).  Baha Mar owns, and is in the final stages of
developing, a 3.3 million square foot resort complex located in
Cable Beach, Nassau, The Bahamas.

The case is assigned to Judge Kevin J. Carey.

The Debtors are represented by Paul S. Aronzon, Esq., and Mark
Shinderman, Esq., at Milbank, Tweed, Hadley & McCloy LLP, in Los
Angeles, California; and Gerard Uzzi, Esq., Thomas J. Matz, Esq.,
and Steven Z. Szanzer, Esq., at Milbank, Tweed, Hadley & McCloy
LLP, in New York.  The Debtors' Delaware counselare Laura Davis
Jones, Esq., James E. O'Neill, Esq., Colin R. Robinson, Esq., and
Peter J. Keane, Esq., at Pachulski Stang Ziehl & Jones LLP, in
Wilmington, Delaware.  The Debtors' Bahamian counsel is Glinton
Sweeting O'Brien.  The Debtors' special litigation counsel is
Kobre & Kim LLP.  The Debtors' construction counsel is Glaser Weil
Fink Howard Avchen & Shapiro LLP.

The Debtors' investment banker and financial advisor is Moelis
Company LLC.  The Debtors' claims and noticing agent is Prime
Clerk LLC.  The Committee tapped Cooley LLP as its lead counsel,
and Whiteford, Taylor & Preston LLC as its Delaware counsel.



BAHA MAR: U.S. Trustee Balks at Employment of Glinton Sweeting
--------------------------------------------------------------
Andrew R. Vara, Acting U.S. Trustee for Region 3, objected, on a
limited basis, to Northshore Mainland Services Inc., et al.'s
application for permission to employ Glinton Sweeting O'Brien as
special Bahamian counsel nunc pro tunc to the Petition Date.

The U.S. Trustee requested that the Court (i) deny the application
unless (a) GSO's rates remain at the rate that GSO's usual rates;
or (b) the Debtors establish a sufficient record of the additional
justification for the increase in rates.

As reported in the Troubled Company Reporter on Aug. 17, 2015, the
Debtors are seeking to employ Glinton Sweeting O'Brien as special
Bahamian counsel, nunc pro tunc to the Petition Date.  Glinton will
represent the Debtors in connection with the winding-up petition
and the application for the appointment of a Provisional Liquidator
filed by the Attorney-General of the Bahamas  to the Supreme Court
of the Commonwealth of The Bahamas.

Glinton will be paid at these hourly rates:

       Supervising Litigation Counsel    $950
       Associate Counsel                 $500
       Paralegal Staff                   $125

In accordance with the Retention Agreement all fees and charges are
subject to a value added tax at the rate of 7.5%.  Glinton will
also be reimbursed for reasonable out-of-pocket expenses incurred.

Glinton holds a retainer in the amount of $100,000 from the
Debtors.

Maurice O. Glinton 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.

Consistent with the Guidelines for Reviewing Applications for
Compensation and Reimbursement of Expenses Filed Under 11 U.S.C.
section 330 by Attorneys in Larger Chapter 11 Cases effective as of
Nov. 1, 2013, Glinton attests that:

   -- Glinton did not agree to a variation of its standard or
      customary billing arrangements for this engagement;

   -- None of Glinton's professionals included in this engagement
      have varied their rate based on the geographic location of
      the Chapter 11 Cases;

   -- Glinton did not represent the Debtors in the 12 months prior
      to the Petition Date; and

   -- The Debtors and Glinton expect to develop a prospective
      budget and staffing plan for Glinton's engagement for the
      period from July 22, 2015 to Oct. 22, 2015. Consistent with
      the U.S. Trustee Guidelines, the budget may be amended as
      necessary to reflect changed or unanticipated developments.

                           About Baha Mar

Orlando, Florida-based Northshore Mainland Services Inc., Baha Mar
Enterprises Ltd., and their affiliates sought protection under
Chapter 11 of the Bankruptcy Code on June 29, 2015 (Bankr. D.Del.,
Case No. 15-11402).  Baha Mar owns, and is in the final stages of
developing, a 3.3 million square foot resort complex located in
Cable Beach, Nassau, The Bahamas.

The case is assigned to Judge Kevin J. Carey.

The Debtors are represented by Paul S. Aronzon, Esq., and Mark
Shinderman, Esq., at Milbank, Tweed, Hadley & McCloy LLP, in Los
Angeles, California; and Gerard Uzzi, Esq., Thomas J. Matz, Esq.,
and Steven Z. Szanzer, Esq., at Milbank, Tweed, Hadley & McCloy
LLP, in New York.  The Debtors' Delaware counselare Laura Davis
Jones, Esq., James E. O'Neill, Esq., Colin R. Robinson, Esq., and
Peter J. Keane, Esq., at Pachulski Stang Ziehl & Jones LLP, in
Wilmington, Delaware.  The Debtors' Bahamian counsel is Glinton
Sweeting O'Brien.  The Debtors' special litigation counsel is
Kobre & Kim LLP.  The Debtors' construction counsel is Glaser Weil
Fink Howard Avchen & Shapiro LLP.

The Debtors' investment banker and financial advisor is Moelis
Company LLC.  The Debtors' claims and noticing agent is Prime
Clerk LLC.  The Committee tapped Cooley LLP as its lead counsel,
and Whiteford, Taylor & Preston LLC as its Delaware counsel.



BEECHWOODS ESTATES: Case Summary & 4 Largest Unsecured Creditors
----------------------------------------------------------------
Debtor: Beechwoods Estates, LLC
        P.O. Box 483
        Bethel, ME 04217

Case No.: 15-20608

Chapter 11 Petition Date: August 27, 2015

Court: United States Bankruptcy Court
       Maine (Portland)

Judge: Hon. Michael A. Fagone

Debtor's Counsel: James F. Molleur, Esq.
                  MOLLEUR LAW OFFICE
                  419 Alfred Street
                  Biddeford, ME 04005
                  Tel: (207) 283-3777
                  Fax: (207) 283-4558
                  Email: jim@molleurlaw.com

Total Assets: $423,200

Total Liabilities: $1.17 million

The petition was signed by Dawn M. Balzotti, member.

A list of the Debtor's four largest unsecured creditors is
available for free at http://bankrupt.com/misc/meb15-20608.pdf


BLAINE BRUNDAGE: Ruling in Anderson Suit Partially Reversed
-----------------------------------------------------------
Bruce Brundage and William Anderson had a business relationship
that resulted in Anderson acquiring multiple liens against
Brundage's real property.  In 2012, Brundage filed for bankruptcy
protection under Chapter 11.  Anderson's widow, Wanda Anderson,
filed a proof of claim as executrix of Mr. Anderson's estate, based
on Brundage's unpaid loans and the liens Mr. Anderson had obtained
on Brundage's property.  The critical issues in the adversary
proceeding that followed were whether approximately 101 acres of
Brundage's real property was exempt as a homestead under Texas law
and the value of the first lien on Brundage's property on the date
it was transferred to Mr. Anderson.  The bankruptcy court conducted
a bench trial at which Brundage, Mrs. Anderson, and her attorney,
Erwin Wilbanks, testified.

The bankruptcy court issued findings and conclusions, from which
Mrs. Anderson appeals.  The court found that Brundage's 101-acre
property was exempt as a homestead under Texas law; that the second
lien on this property was executed after Brundage began using it as
his homestead and was invalid under Texas Constitution Art. XVI,
Sections 50-51, and the Texas Property Code 40.001 et seq.; that
the prior lien, which Mr. Anderson had also acquired, was executed
before Brundage began using the property as his homestead and was
valid; and that the value of that lien was $100,000 on the date it
was transferred to Mr. Anderson.

Mrs. Anderson identifies the following issues on appeal:

   (1) Did the Bankruptcy Court err when it established 101.247
acres located at 20077 Triple L Lane, New Ulm, Texas as the
Debtor's exempt homestead?

   (2) Did the Bankruptcy Court err when it held that Defendant's
secured first lien against the 101.247 acres was valued at $100,000
on the date the first lien was transferred to Defendant?

Based on the the record and the applicable law, Judge Lee H.
Rosenthal of the United States District Court for the Southern
District of Texas, Houston Division, affirms the bankruptcy court's
findings and conclusions as to the first issue but concludes that
the bankruptcy court clearly erred in finding and concluding that
the secured first lien was valued at $100,000 on the date it was
transferred to Mr. Anderson.  Accordingly, Judge Rosenthal reversed
in part the order and remanded the action for further proceedings
consistent with the opinion.

The bankruptcy case is IN RE BLAINE BRUCE BRUNDAGE, Debtor,
BANKRUPTCY CASE NO. 12-35869 (Bankr. S.D. Tex.).

The civil case is WANDA SHEFFIELD ANDERSON, Defendant-Appellant, v.
BLAINE BRUCE BRUNDAGE, Plaintiff-Appellee, CIVIL ACTION NO.
H-14-00757 (S.D. Tex.).

A full-text copy of Judge Rosenthal's August 5, 2015 memorandum and
opinion is available at http://is.gd/5fmHiOfrom Leagle.com.  

Blaine Bruce Brundage is represented by George Frederick May, Esq.,
and Larry Alton Vick, Esq., at League City, Texas.

Wanda Sheffield Anderson is represented by:

          John A. Koepke, Esq. dal
          Scott Masur McElhaney, Esq. dal
          JACKSON WALKER LLP
          Bank of America Plaza
          901 Main Street Suite 6000
          Dallas, TX 75202
          Tel: (214) 953-6000
          Fax: (214) 953-5822
          Email: jkoepke@jw.com
                 smcelhaney@jw.com

             -- and --

          Matthew Dudley Cavenaugh, Esq. hous
          JACKSON WALKER LLP
          1401 McKinney Street Suite 1900
          Houston, TX 77010
          Tel: (713) 752-4200
          Fax: (713) 752-4221
          Email: mcavenaugh@jw.com


BMB MUNAI: Peter Rosten Reports 8.9% Equity Stake as of Aug. 11
---------------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, Peter Rosten disclosed that as of Aug. 11, 2015, he
beneficially owned 5,000,000 shares of common stock of BMB Munai,
Inc., which represents 8.9 percent of the shares outstanding.  A
copy of the regulatory filing is available at http://is.gd/Pb4A6J

                          About BMB Munai

BMB Munai, Inc., is engaged in oil and natural gas exploration and
production through Emir Oil LLP, which was sold to a third party
entity in 2011.  The Company has been focused on satisfying its
post-closing undertakings in connection with the sale of Emir Oil,
winding down its operations in Kazakhstan and exploring oil and
gas opportunities.

BMB Munai reported a net loss of $18,800 on $0 of revenues for the
year ended March 31, 2015, compared with a net loss of $1.6 million
on $0 of revenues for the year ended March 31, 2014.

Eide Bailly LLP, in Salt Lake City, Utah, issued a "going concern"
qualification on the consolidated financial statements for the year
ended March 31, 2015, citing that BMB Munai, Inc. has no continuing
operations that result in positive cash flow.  This situation
raises substantial doubt about its ability to continue as a going
concern.


BOOMERANG TUBE: Can Assume Plan Support Agreement
-------------------------------------------------
U.S. Bankruptcy Judge Mary Walrath has authorized Boomerang Tube,
LLC, to assume the Plan Support Agreement.  The Debtors are
authorized to pay fees and expenses required by the Plan Support
Agreement, including the Exit Facility Commitment Letters.

                       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.



BRUSH CREEK: Creditors Want Case Converted to Ch. 7 Liquidation
---------------------------------------------------------------
Buckhorn Ranch Association, Inc., and Paul P. Guerrieri & Son,
Inc., creditors to Brush Creek Airport, LLC, ask the U.S.
Bankruptcy Court for the District of Colorado to convert the
chapter 11 case of Brush Creek to a chapter 7 liquidation.

Michael J. Guyerson, Esq., at Onsager Guyerson Fletcher Johnson, in
Denver, Colorado, and David M. Rich, Esq., at Minor & Brown P.C.,
in Denver, Colorado, relate that the case has been pending for
approximately 16 months.  They contend that Debtor has not filed a
confirmable Plan and Disclosure Statement and is already the
subject of two granted relief from stay motions effectively
removing all the real property from the Debtor's estate. They
further contend that the failure to file a plan in over sixteen
months is an indication that the Debtor is either unable to or lack
the ability to file one, and that any further delay in the
administration of the case is prejudicial to creditors.

Mr. Guyerson and Mr. Rich tell the Court that the Debtor owns
unencumbered assets of some significant potential value in the form
of its ownership interest in the Upper East River Water Company LLC
– an entity owned 100% by the Debtor.  They say that the Debtor's
ownership interest in the Water Company, according to the Debtor,
has significant yet unknown value. They further say that the Water
Company owns the water rights and controls the water supply system
to the Subdivision and those water rights likely quite valuable.
Mr. Guyerson and Mr. Rich allege that the Debtor has claims for
voidable transfers and payments made by the Debtor to insiders of
the Debtor, including Mr. Landy's family members.  They further
allege that a transfer of Lot 50, Block 24 was made to Mr. Landy by
the Debtor, just one month before the chapter 11 filing. They say
that the Debtor's cavalier use of its ownership interest in the
Water Company deserves review and analysis.

Mr. Guyerson and Mr. Rich contend that the Debtor's chapter 11
estate is administratively insolvent and the recapture and
disgorgement of funds paid to Debtor's counsel may be required.
They further contend that a Chapter 7 Trustee is the proper party
to make such an inquiry and determination.  They add that
Conversion to Chapter 7 is in the best interest of creditors of the
estate as it will likely result in the sale of the Debtor's Water
Company interest, the potential recapture of funds paid out by the
chapter 11 Debtor while administratively insolvent, and the
investigation of other potential claims of recovery against
insiders of the Debtor.

Community Banks of Colorado, a division of NBH Bank, N.A. joined
the Creditors' motion, stating that it agreed with the relief
requested and the grounds asserted as support for such relief.
While its foreclosure has not yet been completed, the Bank
anticipates that the sale of its collateral will not generate
sufficient proceeds to satisfy the debt, and therefore, the Bank
will have an unsecured, deficiency claim against the Debtor.

Buckhorn Ranch Association is represented by:

          Michael J. Guyerson, Esq.
          David M. Little, Esq.
          ONSAGER GUYERSON FLETCHER JOHNSON
          1801 Broadway, Suite 900
          Denver, CO 80202
          Wilmington, DE 19801
          Telephone: (303)512-1123
          Facsimile: (303)512-1129
          E-mail: mguyerson@OGFJ-law.com
                  dlittle@OGFJ-law.com

Paul P. Guerrieri & Son is represented by:

          David M. Rich
          MINOR & BROWN P.C.
          650 S. Cherry Street, Suite 1100
          Denver, CO 80246-1801
          Telephone: (303)376-6020
          Facsimile: (303)320-6330
          E-mail: drich@minorbrown.com

Community Banks of Colorado is represented by:

          Andrew W. Muller, Esq.
          STINSON LEONARD STREET LLP
          1201 Walnut Street, Suite 2900
          Kansas City, MO 64106
          Telephone: (816)691-3198
          Facsimile: (816)412-8124
          E-mail: andrew.muller@stinsonleonard.com

                    About Brush Creek Airport

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

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

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



BUNKERS INT'L: Files for Ch 11 After PNC Bank Cut Off Funds
-----------------------------------------------------------
Paul Brinkman at Orlando Sentinel reports that Bunkers
International Corp. filed for Chapter 11 bankruptcy protection on
Aug. 28, 2015, citing almost $40 million in debts.

The Company said in a statement, "The companies were forced to take
this action after their primary lender ceased lending and swept all
available cash."

Scott Shuker, Esq., hired as the Company's bankruptcy counsel, said
that his client and three related companies will continue operating
while the Company's CEO and founder John Canal seeks new financing,
Orlando Sentinel relates.  Citing Mr. Shuker, the report adds that
PNC Bank cut off funds for Bunkers when the Company failed to meet
one of the technical conditions for its credit.  The report quoted
Mr. Shuker as saying, "The Company didn't miss payments, it was a
technical default.  The lender cut off funding which forced the
Company to shrink.  If we didn't file for bankruptcy, some of the
ships that were recently fueled could have been seized."

Based in Lake Mary, Florida, Bunkers International trades and
provides fuel for ships at sea.  It provides physical supply,
trading, and brokering services from a number of global locating
including those in the U.S., Singapore, Greece, and the United
Kingdom, and says it is the largest marine fuel supplier in
Colombia through its BunkersOil Colombia joint venture with Vanoil,
S.A.  The Company started in Colombia in 1995.


BUNKERS INTERNATIONAL: Case Summary & 20 Top Unsecured Creditors
----------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

           Debtor                                 Case No.
           ------                                 --------
           Bunkers International Corp.            15-07397
           1071 S Sun Drive, Suite 3
           Lake Mary, FL 32746

           Americas Bunkering, LLC                15-07400
           1071 S Sun Drive, Suite 3
           Lake Mary, FL 32746

           Atlantic Gulf Bunkering, LLC           15-07402

           Dolphin Marine Fuels, LLC              15-07404

Type of Business: Provides physical supply, trading, and brokering
                  services from a number of global locations
                  including those in the U.S., Singapore,
                  Colombia, Greece, and the United Kingdom.

Chapter 11 Petition Date: August 28, 2015

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

Debtors' Counsel: R Scott Shuker, Esq.
                  LATHAM, SHUKER, EDEN & BEAUDINE, LLP
                  Post Office Box 3353
                  Orlando, FL 32802
                  Tel: (407) 481-5800
                  Fax: (407) 481-5801
                  Email: bknotice@lseblaw.com

                                        Estimated    Estimated
                                         Assets     Liabilities
                                       -----------  -----------
Bunkers International Corp.            $10MM-$50MM  $10MM-$50MM
Americas Bunkering, LLC                $10MM-$50MM  $10MM-$50MM

The petition was signed by John T. Canal, president/CEO.

List of Bunkers International's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
American Express                     Credit Card       $1,131,456
P.O. Box 360001
Ft. Lauderdale, FL
33336-0001

C.I. Marine Oil. S.A.                    Fuel            $594,809
Bocagrande CRA. 3
No. 6A-100
Oficina 1202
Cartagena, Colombia

Chimbusco Pan Nation                     Fuel            $525,805
Petro-Chemical
Luk Kwok Centre
9th FL, 72 Cloucester Rd
Wanchai, Hong Kong, China

Commerchamp Avenida Libertador           Fuel          $1,725,879
Con Calle El Empalme
Edif. Petroleos De Venezuela, S.A.
Torre Este, URB. La Campina
Caracas, Venezuela
01050

Creative Oil Lmited                      Fuel            $280,416
Room 1301, Kai Wong
Comm'l Bld
222 Queens Road
Central, Hong Kong

Curoil A Mendez Chumaceiro               Fuel          $2,678,880
Blvd #15
P.O. Box 3927
Curacoa, Dutch Caribberan
Netherlands Antilles

Global Companies LLC                     Fuel            $253,484
800 South Street
Waltham, MA 22454

Jam Distributing Marine Div              Fuel            $222,022
P.O. Box 201979
Dallas, TX 75320-1979

Marine Fuels Management, LLC             Other         $1,524,908
1553 Rebecca Place
Longwood, FL 32779

O.W. Bunker Far East (S)                  Fuel         $1,160,446
Pte. Ltd.
300 Beach Road
#31-01/03, The Concourse
Singapore 00019-9555
Singapore

Orion Holdings Ltd.                    Fuel Lift         $965,465
Block B4-137, Dafza                    Agreement
PO Box 54538
Dubai, UAE

OW Bunker & Trading                      Fuel            $194,188
Co Ltd A/S
Stigsborgvej 60
Noerresundby DK-9400
Denmark

Petro-Ocean Trading Co. Ltd.             Fuel            $221,000
#4-1102, King's Garden
73 Naesu-Dong, Jongno-Gu
Seoul 110-873
Korea

Port Consolidated                        Fuel            $395,014
P.O. Box 350430
Fort Lauderdale, FL
33335-0430

San Lucian Oil Company Ltd               Fuel            $236,999
MBR of Falzon Group of Companies
42, Spencer Hill
Marsa MRS 1955
Malta

Southern Marine                          Fuel            $300,000
66 New Hyde Park Road
Garden City, NY 11530

Sprague Katherine K Battles, Esq.        Fuel            $297,074
185 International Drive
Portsmourth, NH 03801

Staatsolie-Maatschapp IJ                 Fuel            $187,338
Suriname NV
Dr lf Adhinstraat 2 Box 4069
Paramaribo Suriname

Tropic Oil Company                       Fuel            $285,033
1002 N.W. 89th Avenue
Miami, FL 33178-1409

Valero Mkting and Supply Co.             Fuel            $301,702
P.O. Box 696000
San Antonio, TX
78269-6000


CANDAX ENERGY: Gets Addt'l Waiver Extension on Facility Agreement
-----------------------------------------------------------------
Candax Energy Inc., a company with mature oil & gas field
developments in Tunisia, on Aug 27 disclosed that it has obtained
from Geofinance NV, major debtholder and shareholder of the
Company, a further extension of 8 days on the waiver with respect
to terms of the facility agreement entered into by the parties.

The extension will extend the waiver until September 3, 2015.  As a
result, Geofinance NV has agreed not to seek any remedy under the
facility agreement in respect of the $3.5 million unpaid amount
until September 3, 2015, except in case of specific circumstances.
A copy of the amendment and waiver letter will be filed publicly by
the Company and available on SEDAR.

The Company is in advanced discussions regarding financial
alternatives and needs more time to continue these discussions.

Candax Energy Inc. is a company with mature oil & gas field
developments in Tunisia.



CANNABIS SCIENCE: Reports $4.35 Million Net Loss in Q1
------------------------------------------------------
Cannabis Science, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q, disclosing a net loss
of $4.35 million on $nil of revenue for the three months ended
March 31, 2015, compared to a net loss of $5.83 million on $1,031
of revenue for the same period in 2014.

The Company's balance sheet at March 31, 2015, showed $1.35 million
in total assets, $3.8 million in total liabilities and total
stockholders' deficit of $2.45 million.

The Company reported an accumulated deficit of $113.73 million and
had a stockholders' deficit of $2.45 million at March 31, 2015.  In
view of the matters described, there is substantial doubt as to the
Company's ability to continue as a going concern without a
significant infusion of capital.  At March 31, 2015, the Company
had insufficient operating revenues and cash flow to meet its
financial obligations.  There can be no assurance that management
will be successful in implementing its plans.

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

                       http://is.gd/qo9S1n
                          
Cannabis Science, Inc. develops, produces, and commercializes
phytocannabinoid-based pharmaceutical products. It develops
medicines to treat autism, blood pressure, cancer and cancer side
effects, and other illnesses, including general health
maintenance. The company is developing CS-TATI-1 for newly
diagnosed and treatment-experienced patients with drug-resistant
HIV strains; CS-S/BCC-1 for basal and squamous cell carcinomas;
and a proprietary cannabis-based therapy for neurological
conditions. In addition, it provides an online video-based medical
cannabis education system comprising various courses, such as
medical cannabis law, medical marijuana, cooking, horticulture,
and bud tending. The company has a license agreement with
Apothecary Genetics Investments LLC. to produce various brand
formulations for California medical cannabis market. Cannabis
Science, Inc. is based in Colorado Springs, Colorado.

The Company reported a net loss of $692,000 on $nil of revenue
for the three months ended Sept. 30, 2014, compared with a net
loss of $1.19 million on $70,600 of revenue for the same period
last year.

The Company's balance sheet at Sept. 30, 2014, showed $1 million
in total assets, $4.16 million in total liabilities, and a
stockholders' deficit of $3.16 million.


CINEMARK USA: Moody's Assigns Ba1 Rating on New Sec. Term Loan
--------------------------------------------------------------
Moody's Investor Service assigned a Ba1 rating to proposed senior
secured term loan of Cinemark USA, Inc., a wholly owned subsidiary
of Cinemark Holdings, Inc.  The new term loan is for $700 million
with proceeds used to refinance the existing term loan.  Cinemark's
B1 Corporate Family Rating, existing Ba1 senior secured rating, B2
senior unsecured rating and B3 senior subordinated rating were all
placed on review for upgrade on June 16, 2015.

Summary Action:

Cinemark USA, Inc.

  Senior Secured Term Loan, Assigned Ba1, Review for Upgrade
   (LGD2)

RATINGS RATIONALE

The transaction favorably extends maturities, with maturity
extension of 3 years from 2019 to 2022.  Annual interest expense is
not expected to change.

Cinemark's existing B1 corporate family rating incorporates its
aggressive financial policy, which poses a challenge for operating
in an inherently volatile industry reliant on movie studios for
product to drive the attendance that leads to cash flow from
admissions and concessions.  Very good liquidity enables the
company to better manage attendance related volatility and
indicates the ability to improve credit metrics, although we have
not observed a desire to do so.  Cinemark also benefits from scale
and geographic diversity, as well as good growth prospects for its
international business.

Headquartered in Plano, Texas, Cinemark Holdings, Inc., which owns
Cinemark USA, Inc., operates 503 theatres with 5,720 screens in 40
U.S. states, Brazil, Argentina and 11 other Latin American
countries.  Its revenue for the last twelve months ending June 30,
2015 was approximately $2.7 billion.

The principal methodology used in this rating was Business and
Consumer Service Industry published in December 2014.



COMSTOCK MINING: Gets Stockholder OK for Pref. Stock Conversion
---------------------------------------------------------------
Comstock Mining Inc. has signed an amendment relating to the
previously announced restructuring of its Joint Venture agreement
with Northern Comstock LLC.  The Company also received all
necessary approvals from the holders of the Company's convertible
preferred stock for the conversion of all such convertible
preferred stock to common stock, substantially simplifying the
capital structure, eliminating super-voting rights, eliminating
future preferred stock dividends and additionally eliminating
significant royalty obligations on the future production from some
of the Company's richest properties.

Corrado De Gasperis, president & CEO commented, "Substantially all
of our preferred shareholders voted overwhelmingly to approve this
transaction that has now been completed.  This is a watershed event
for the Company and reaffirms investor confidence and support of
our plans.  I want to thank John Winfield and our Board for taking
the steps necessary to maximize value for all of our shareholders.
The completed transaction has strengthened our balance sheet by
significantly reducing liabilities and dramatically lowering our
future capital and mining costs."

Pursuant to the definitive agreement with John V. Winfield to amend
the terms of the operating agreement for its Northern Comstock LLC
joint venture, the Company reduced its remaining capital
contributions from $31.05 million to $9.75 million.  The amendment
permits those capital contributions to be made in the form of cash,
or in certain circumstances, the Company's common stock, par value
$0.000666 per share.  In addition, any prior or future royalty
commitments from the Northern Comstock properties to Mr. Winfield
were eliminated.  There are no provisions for any issuances of
preferred stock, in any form.
In connection with the approval of the amendments to the Company's
convertible preferred stock that resulted in the conversion of all
such convertible preferred stock into Common Stock, the Company
declared and will pay a one-time dividend of 127 shares of Common
Stock per share of preferred stock.

Adoption of the amendments required approval of affirmative vote of
the holders of a majority of the outstanding shares of the
convertible preferred stock and submission of the amendments to the
Charters with the Secretary of State of the State of Nevada.
Over 99% of all voted convertible preferred shares were voted in
favor of the transaction with less than 1% disapproving.  A total
of over 89% of all preferred shareholders voted.  Mr. De Gasperis
concluded: "These transactions reflect the strong confidence and
direct support of our largest investors and a significant
improvement in our capital structure.  This positions us extremely
well for growing and maximizing the intrinsic value for all of our
shareholders."

                      About Comstock Mining

Virginia City, Nev.-based Comstock Mining Inc. is a Nevada-based,
gold and silver mining company with extensive, contiguous property
in the historic Comstock district.  The Company began acquiring
properties in the Comstock District in 2003.  Since then, the
Company has consolidated a substantial portion of the Comstock
district, secured permits, built an infrastructure and brought the
exploration project into test mining production.  The Company
continues acquiring additional properties in the Comstock
district, expanding its footprint and creating opportunities for
exploration and mining.  The goal of the Company's strategic plan
is to deliver stockholder value by validating qualified resources
(measured and indicated) and reserves (probable and proven) of
3,250,000 gold equivalent ounces by 2013, and commencing
commercial mining and processing operations by 2011, with annual
production rates of 20,000 gold equivalent ounces.

Comstock Mining reported a net loss available to common
shareholders of $13.3 million in 2014, a net loss available
to common shareholders of $25.4 million in 2013 and a
net loss available to common shareholders of $35.1 million in
2011.

As of June 30, 2015, the Company had $48.8 million in total assets,
$26.8 million in total liabilities and $22 million in total
stockholders' equity.


CORPORATE RESOURCE: Hires Gellert Scali as Counsel
--------------------------------------------------
Corporate Resource Services, Inc. and its debtor-affiliates seek
authorization from the U.S. Bankruptcy Court for the District of
Delaware to employ Gellert Scali Busenkell & Brown, LLC as counsel,
nunc pro tunc to July 23, 2015.

The Debtors require Gellert Scali to:

   (a) provide the Debtors with advice and preparing all necessary

       documents regarding debt restructuring, bankruptcy and
       asset dispositions;

   (b) take all necessary actions to protect and preserve the
       Debtors' estates during the pendency of the chapter 11
       cases, including the prosecution of actions by the Debtors,

       the defense of actions commenced against the Debtors,
       negotiations concerning litigation in which the Debtors are

       involved and objecting to claims filed against the estates;

   (c) prepare on behalf of the Debtors, as debtors in possession,

       all necessary motions, applications, answers, orders,
       reports and papers in connection with the administration of

       the chapter 11 cases;

   (d) counsel the Debtors with regard to their rights and
       obligations as debtors in possession;

   (e) appear in Court and to protect the interests of the Debtors

       before the Court; and

   (f) perform all other legal services for the Debtors which may
       be necessary and proper in this proceeding.

Gellert Scali will be paid at these hourly rates:

       Ronald S. Gellert         $425
       Brya M. Keilson           $350
       Associates/Of Counsel     $275
       Paraprofessionals         $105-$210

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

Gellert Scali received a retainer of $75,000.

Ronald S. Gellert, partner of Gellert Scali, 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.

Gellert Scali can be reached at:

       Ronald S. Gellert, Esq.
       GELLERT SCALI BUSENKELL & BROWN, LLC
       913 N. Market Street, 10th Floor
       Wilmington, DE 19801
       Tel: (302) 425-5800
       Fax: (302) 425-5814
       E-mail: rgellert@gsbblaw.com

                        About Corporate Resource

Corporate Resource Services, Inc., was a New York-based provider of
employment and human resource solutions for corporations throughout
the United States.  CRS leases its headquarters and does not own
any real property.  About 90% of CRS shares are owned by Robert
Cassera and the balance are traded OTC.

As of Dec. 31, 2014, CRS was one of the largest employment Staffing
companies in the U.S., providing employment and human resources
solutions for corporations with annual sales of about one billion
dollars.  In February 2015, CRS began an orderly wind down of
operations after discovering that TS Employment, Inc., a privately
held company owned by Mr. Cassera, failed to remit tens of millions
of dollars of the Debtors' withholding taxes to taxing
authorities.

TS Employment Inc., a professional employer organization that
provided payroll-related services for CRS, sought Chapter 11
protection (Bankr. S.D.N.Y. Case No. 15-10243) in Manhattan on
Feb. 2, 2015.  TSE tapped Scott S. Markowitz, Esq., at Tarter
Krinsky & Drogin LLP, in New York, as counsel.  Realization
Services Inc. serves as the Debtor's consultant.

CRS and its subsidiaries sought Chapter 11 protection (Bankr. D.
Del. Lead Case No. 15-11546) on July 23, 2015, to complete their
orderly wind down of operations.  Judge Kevin J. Carey presides
over the Chapter 11 cases.  The Debtors tapped (a) Gellert Scali
Busenkell & Brown, LLC, as bankruptcy counsel, (b) Wilmer Cutler
Pickering Hale & Dorr LLP, as special counsel; (c) Carter Ledyard
& Milburn LLP, as special SEC counsel, (d) SSG Capital Advisors as
financial advisors and investment bankers, and (e) Rust Omni LLC
as claims agent.

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


CORPORATE RESOURCE: Hires WilmerHale as Special Finance Counsel
---------------------------------------------------------------
Corporate Resource Services, Inc. and its debtor-affiliates seek
authorization from the U.S. Bankruptcy Court for the District of
Delaware to employ Wilmer Cutler Pickering Hale and Dorr LLP
("WilmerHale") as special finance counsel, nunc pro tunc to
July 23, 2015.

WilmerHale will perform legal services to financing and wind-down
matters in connection with the Chapter 11 cases.

WilmerHale will be paid at these hourly rates:

       George W. Shuster, Jr.    $950
       Partners                  $780-$1,510
       Counsel                   $775-$915
       Associates                $450-$805
       Paraprofessionals         $125-$530

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

As of the petition date, WilmerHale held a resulting retainer of
$122,010.68.

George W. Shuster, Jr., partner of WilmerHale, 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.

WilmerHale can be reached at:

       George W. Shuster, Jr., Esq.
       WILMER CUTLER PICKERING
       HALE AND DORR LLP
       7 World Trade Center
       250 Greenwich Street
       New York, NY 10007
       Tel: (212) 937-7232
       Fax: (212) 230-8888
       E-mail: george.shuster@wilmerhale.com

                       About Corporate Resource

Corporate Resource Services, Inc., was a New York-based provider
of employment and human resource solutions for corporations
throughout the United States.  CRS leases its headquarters and
does not own any real property.  About 90% of CRS shares are
owned by Robert Cassera and the balance are traded OTC.

As of Dec. 31, 2014, CRS was one of the largest employment
Staffing companies in the U.S., providing employment and
human resources solutions for corporations with annual
sales of about one billion dollars.  In February 2015, CRS
began an orderly wind down of operations after discovering
that TS Employment, Inc., a privately held company owned by
Mr. Cassera, failed to remit tens of millions of dollars of
the Debtors' withholding taxes to taxing authorities.

TS Employment Inc., a professional employer organization that
provided payroll-related services for CRS, sought Chapter 11
protection (Bankr. S.D.N.Y. Case No. 15-10243) in Manhattan on
Feb. 2, 2015.  TSE tapped Scott S. Markowitz, Esq., at Tarter
Krinsky & Drogin LLP, in New York, as counsel.  Realization
Services Inc. serves as the Debtor's consultant.

CRS and its subsidiaries sought Chapter 11 protection (Bankr. D.
Del. Lead Case No. 15-11546) on July 23, 2015, to complete their
orderly wind down of operations.  Judge Kevin J. Carey presides
over the Chapter 11 cases.  The Debtors tapped (a) Gellert Scali
Busenkell & Brown, LLC, as bankruptcy counsel, (b) Wilmer Cutler
Pickering Hale & Dorr LLP, as special counsel; (c) Carter Ledyard
& Milburn LLP, as special SEC counsel, (d) SSG Capital Advisors as
financial advisors and investment bankers, and (e) Rust Omni LLC
as claims agent.

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


CORPORATE RESOURCE: Taps Carter Ledyard as Litigation Counsel
-------------------------------------------------------------
Corporate Resource Services, Inc. and its debtor-affiliates seek
authorization from the U.S. Bankruptcy Court for the District of
Delaware to employ Carter Ledyard & Milburn LLP as special
securities litigation counsel, nunc pro tunc to July 23, 2015.

Carter Ledyard will perform legal services in connection with
various subpoenas issued by the United States Securities and
Exchange Commission and the United States Attorney's Office, Civil
Division and various class actions and a shareholder derivative
action commenced against the Debtor, Corporate Resource Services,
Inc., and the other matters.

Carter Ledyard will be paid at these hourly rates:

      Steven J. Glusband          $740
      Justin A. Greenblum         $690
      Robert J.A. Zito            $740
      Senior Partners             $875
      Associates                  $275
      Paralegals                  $225-$325

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

Robert J.A. Zito, partner of Carter Ledyard, 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.

Carter Ledyard can be reached at:

       Robert J.A. Zito, Esq.
       CARTER LEDYARD & MILBURN LLP
       2 Wall Street
       New York, NY 10005-2072
       Tel: (212) 732-3200
       Fax: (212) 732-3232

                       About Corporate Resource

Corporate Resource Services, Inc., was a New York-based provider
of employment and human resource solutions for corporations
throughout the United States.  CRS leases its headquarters and
does not own any real property.  About 90% of CRS shares are
owned by Robert Cassera and the balance are traded OTC.

As of Dec. 31, 2014, CRS was one of the largest employment
Staffing companies in the U.S., providing employment and
human resources solutions for corporations with annual
sales of about one billion dollars.  In February 2015, CRS
began an orderly wind down of operations after discovering
that TS Employment, Inc., a privately held company owned by
Mr. Cassera, failed to remit tens of millions of dollars of
the Debtors' withholding taxes to taxing authorities.

TS Employment Inc., a professional employer organization that
provided payroll-related services for CRS, sought Chapter 11
protection (Bankr. S.D.N.Y. Case No. 15-10243) in Manhattan on
Feb. 2, 2015.  TSE tapped Scott S. Markowitz, Esq., at Tarter
Krinsky & Drogin LLP, in New York, as counsel.  Realization
Services Inc. serves as the Debtor's consultant.

CRS and its subsidiaries sought Chapter 11 protection (Bankr. D.
Del. Lead Case No. 15-11546) on July 23, 2015, to complete their
orderly wind down of operations.  Judge Kevin J. Carey presides
over the Chapter 11 cases.  The Debtors tapped (a) Gellert Scali
Busenkell & Brown, LLC, as bankruptcy counsel, (b) Wilmer Cutler
Pickering Hale & Dorr LLP, as special counsel; (c) Carter Ledyard
& Milburn LLP, as special SEC counsel, (d) SSG Capital Advisors as
financial advisors and investment bankers, and (e) Rust Omni LLC
as claims agent.

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


CTI BIOPHARMA: Provides July Financial Report
---------------------------------------------
CTI BioPharma Corp. provided financial information for the period
from July 1, 2015, through July 31, 2015.

The total estimated and unaudited net financial standing of CTI
Parent Company as of July 31, 2015, was negative $12.8 million.
The total estimated and unaudited net financial standing of CTI
Consolidated Group as of July 31, 2015, was negative $10.8
million.

CTI Parent Company reported long-term debt, less current portion,
of $48.3 million as of July 31, 2015.

The long-term debt includes $32 million associated with the
previously reported advance of two development milestone payments
under the Company's collaboration arrangement with Baxalta
Incorporated and its affiliates related to pacritinib, as disclosed
in a press release issued June 10, 2015.  In the event that the
respective milestone is achieved in accordance with the terms of
the advance arrangement, the advance would cease to be accounted
for as long-term debt and would thereupon be accounted for as
revenue.

CTI Parent Company trade payables outstanding for greater than 30
days were approximately $7 million as of July 31, 2015.

CTI Consolidated Group trade payables outstanding for greater than
30 days were approximately $9.6 million as of July 31, 2015.

During July 2015, there were solicitations for payment only within
the ordinary course of business and there were no injunctions or
suspensions of supply relationships that affected the course of
normal business.

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

                        http://is.gd/QGWLzT

                        About CTI BioPharma

CTI BioPharma Corp. (NASDAQ and MTA: CTIC) --
http://www.ctibiopharma.com/-- formerly known as Cell
Therapeutics, Inc., is a biopharmaceutical company focused on
the acquisition, development and commercialization of novel
targeted therapies covering a spectrum of blood-related cancers
that offer a unique benefit to patients and healthcare providers.
The Company has a commercial presence in Europe and a late-stage
development pipeline, including pacritinib, CTI's lead product
candidate that is currently being studied in a Phase 3 program for
the treatment of patients with myelofibrosis.  CTI BioPharma is
headquartered in Seattle, Washington, with offices in London and
Milan under the name CTI Life Sciences Limited.

CTI Biopharma reported a net loss attributable to common
shareholders of $96 million in 2014, compared with a net loss
attributable to common shareholders of $49.6 million in 2013.

As of March 31, 2015, the Company had $63.1 million in total
assets, $48.7 million in total liabilities, $240,000 in common
stock purchase warrants, $14.1 million in total shareholders'
equity.


CUBIC ENERGY: Gets Unfavorable Decision in "Gloria's Ranch" Suit
----------------------------------------------------------------
A Louisiana Court entered a judgment on Aug. 24, 2015, declaring
that the oil, gas and mineral lease granted by Gloria's Ranch,
L.L.C. expired and is cancelled.

The Lawsuit was filed on or about June 15, 2010, against Cubic
Energy, Inc. and other named defendants in the 1st Judicial
District Court, Caddo Parish, Louisiana, Case No. 541-768-A.  This
Lawsuit alleged that all or part of the mineral lease granted by
Gloria's Ranch on Sept. 17, 2004, has lapsed, and sought a finding
that the mineral lease has lapsed, damages, attorney fees, and
other equitable relief.  A trial was held in March 2015.

In addition, judgment was rendered in favor of the Plaintiff
against the Defendants, solidarily, awarding to Plaintiff the
following amounts:

   1. $22,806,000 for lost leasing opportunity, with legal
      interest thereon from March 5, 2010;

   2. $242,029 for unpaid royalty from the Chesapeake HA RA SAO;
      Soaring Ridge 15-15-15 Well, with legal interest from the
      date of production;

   3. $484,058 as penalty for failure to pay royalty from the
      Chesapeake HA RA SAO; Soaring Ridge 15-15-15 Well, with
      legal interest thereon from the date of the judgment;

   4. $925,603 for Plaintiff's pre-trial attorney's fees and
      expert costs with legal interest thereon from the date of
      the judgment; and

   5. $11,200 for attorney's fees incurred by Plaintiff during
      trial with legal interest thereon from the date of the
      judgment.

In addition, all court costs were assessed against Defendants, in
solido.

The Company is assessing its alternatives with respect to the
judgment including seeking relief through possible appeals based on
fact and procedural issues.  The Company has not made a decision
regarding its alternatives.

                        About Cubic Energy

Cubic Energy, Inc., headquartered in Dallas, Texas, is an
independent upstream energy company engaged in the development and
production of, and exploration for, crude oil and natural gas.
Its oil and gas assets and activities are concentrated in
Louisiana.

BDO USA, LLP, in Dallas, Texas, issued a "going concern"
qualification on the consolidated financial statements for the
year ended June 30, 2014.  The independent accounting firm noted
that the Company has suffered recurring losses from operations,
has violated covenants of its debt agreements, has a working
capital deficit and has a net capital deficiency that raise
substantial doubt about its ability to continue as a going
concern.

The Company reported net income of $9.11 million on $15.9 million
of total revenues for the fiscal year ended June 30, 2014, compared
with a net loss of $5.93 million on $3.84 million of total revenues
last year.

As of March 31, 2015, the Company had $121 million in total assets,
$115 million in total liabilities, $988 in redeemable preferred
stock, and $6.09 million in total stockholders' equity.


CURTIS JAMES JACKSON: Selling Mansion to Get Out of Bankruptcy
--------------------------------------------------------------
Hartford Courant reports that Curtis James Jackson, III, aka 50
Cent, is selling his 50,000-square-foot mansion in Farmington,
Connecticut, after trying to lease the property to raise money.

Pulse.ng states that Mr. Jackson wants to exchange the expensive
mansion for some real cash which could help get him out of the
bankruptcy status he is currently in.

According to Travis Lyles at Business Insider Australia, the
original 2007 listing priced the house at $18.5 million, but it
dropped steadily over the next five years.  Business Insider
relates that the 21 bedroom mansion costs Mr. Jackson $72,000 per
month to maintain.

Curtis James Jackson, III, aka 50 Cent, filed for Chapter 11
bankruptcy protection (Bankr. D. Conn. Case No. 15-21233) on July
13, 2015.


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

         Debtor                                  Case No.
         ------                                  --------
         CYMA Cleaning Contractors, Inc.         15-06582
         PO Box 29268
         San Juan, PR 00929

         Innova Industrial Contractor, Inc.      15-06584
         PO Box 29177
         San Juan, PR 00929

         Handy Man Services, Inc.                15-06585
           aka Handyman Services, Inc.
         PO Box 29177
         San Juan, PR 00929

Chapter 11 Petition Date: August 27, 2015

Court: United States Bankruptcy Court
       District of Puerto Rico (Old San Juan)

Debtors' Counsel: Mary Ann Gandia-Fabian, Esq.
                  GANDIA-FABIAN LAW OFFICE
                  PO Box 270251
                  San Juan, PR 00927
                  Tel: 7873907111
                  Fax: 787763-8212
                  Email: gandialaw@gmail.com

                                          Estimated   Estimated
                                            Assets   Liabilities
                                         ----------  -----------
CYMA Cleaning Contractors                $500K-$1MM   $1MM-$10MM
Innova Industrial Contractor             $100K-$500K  $50K-$100K
Handy Man Services                       $100K-$500K  $1MM-$10MM

The petition was signed by Ivelisse Gonzalez Rodriguez, president,
CYMA Cleaning Contractors.

A list of CYMA Cleaning Contractors' 20 largest unsecured creditors
is available for free at:

           http://bankrupt.com/misc/prb15-06582.pdf

A list of Innova Industrial Contractor's 20 largest unsecured
creditors is available for free at:

           http://bankrupt.com/misc/prb15-06584.pdf

A list of Handy Man Services's 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/prb15-06585.pdf


DEWEY & LEBOEUF: Ex-Chairman Wants Fraud Charges Dismissed
----------------------------------------------------------
Sara Randazzo, writing for The Wall Street Journal, reported that a
defense lawyer for the former chairman of the Dewey & LeBoeuf LLP
law firm urged a judge to toss out financial fraud charges against
his client, saying prosecutors did nothing more than offer "scant
and ambiguous" evidence that amounts to "rank speculation."

According to the report, the request, made in a court filing on
Aug. 27, comes after three months of a trial in which prosecutors
have sought to convince jurors that the former chairman, Steven
Davis, and two other former leaders oversaw a plot to manipulate
Dewey's books to keep the firm afloat before its 2012 collapse.  

But defense lawyer Elkan Abramowitz told the judge in the filing
that prosecutors haven't introduced a single piece of evidence to
show Mr. Davis intended to defraud anyone or directed underlings to
make any fraudulent adjustments to artificially boost the firm's
financial performance, the report related.

                      About Dewey & LeBoeuf

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

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

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

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

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

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

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

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

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

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


DITO INC.: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------
Debtor: Dito, Inc.
        202 Calle Tizol
        San Juan, PR 00901

Case No.: 15-06573

Chapter 11 Petition Date: August 27, 2015

Court: United States Bankruptcy Court
       District of Puerto Rico (Old San Juan)

Debtor's Counsel: Maria Soledad Lozada Figueroa, Esq.
                  MS LOZADA LAW OFFICE
                  PO Box 9023888
                  San Juan, PR 00902
                  Tel: 787 520 6002
                  Fax: 787 520 6003
                  Email: lcdamslozada@gmail.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Porfirio Diaz Torres, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/prb15-06573.pdf


DOVER DOWNS: Henry B. Tippie Reports 37.7% Stake as of Aug. 4
-------------------------------------------------------------
Henry B. Tippie disclosed in an amended Schedule 13D filed with the
Securities and Exchange Commission that as of Aug. 4, 2015, he
beneficially owned 10,470,500 shares of common stock of Dover Downs
Gaming & Entertainment, Inc., which represents 37.7 percent of the
shares outstanding.  Mr. Tippie's beneficial ownership has changed
more than one percent since his last 13D filing due to the purchase
of shares of the Company's Class A Common Stock and Common Stock.

Within the past 60 days, the reporting person purchased 50,000
shares of Class A Common Stock and 161,700 shares of common stock.

A copy of the regulatory filing is available at:

                       http://is.gd/hR2F1y

                         About Dover Downs

Owned by Dover Downs Gaming & Entertainment, Inc. (NYSE: DDE),
Dover Downs Hotel & Casino(R) is a gaming and entertainment resort
destination in the Mid-Atlantic region.  Gaming operations consist
of approximately 2,500 slots and a full complement of table games
including poker.  The AAA-rated Four Diamond hotel is Delaware's
largest with 500 luxurious rooms/suites and amenities including a
full-service spa/salon, concert hall and 41,500 sq. ft. of multi-
use event space.  Live, world-class harness racing is featured
November through April, and horse racing is simulcast year-round.
Professional football parlay betting is accepted during the
season.  Additional property amenities include multiple
restaurants from fine dining to casual fare, bars/lounges and
retail shops.  Visit http://www.doverdowns.com/   

Dover Downs reported a net loss of $706,000 in 2014, compared to
net earnings of $13,000 in 2013.

As of June 30, 2015, the Company had $175 million in total assets,
$62.6 million in total liabilities and $113 million in total
stockholders' equity.

KPMG LLP, in Philadelphia, Pennsylvania, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2014, citing that the Company's credit facility
expires on Sept. 30, 2015, and at present no agreement has been
reached to refinance the debt, which raises substantial doubt about
the Company's ability to continue as a going concern.


EARL GAUDIO: Court Approves Mercho Caughey as Conflicts Counsel
---------------------------------------------------------------
Earl Gaudio and Son, Inc. sought and obtained permission from the
U.S. Bankruptcy Court for the Central District of Illinois to
employ Mercho Caughey & DeLay as special counsel.

The Debtor seeks authority to employ Mercho Caughey for the limited
purpose of representing the Debtor as conflict counsel of with
respect to any action in which Ice Miller, LLP has a conflict.

Mercho Caughey will be paid at these hourly rates:

       Ben Caughey          $300
       Professionals        $250-$300

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

Ben Caughey, member of Mercho Caughey, 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.

Mercho Caughey can be reached at:

       Ben T. Caughey, Esq.
       MERCHO CAUGHEY & DELAY
       828 East 64th Street
       Indianapolis, IN 46220
       Tel: (317) 490-9021
       E-mail: ben.caughey@mcdlegalfirm.com

                   About Earl Gaudio & Son, Inc.

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

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


EDEN GARDENS II: Case Summary & 12 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Eden Gardens II, LLC
        19308 SW 380th Street
        Florida City, FL 33034

Case No.: 15-25565

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: August 27, 2015

Court: United States Bankruptcy Court
       Southern District of Florida (Miami)

Judge: Hon. Jay Cristol

Debtor's Counsel: Larry I Glick, Esq.
                  SHUTTS & BOWEN LLP
                  201 S Biscayne Blvd # 1500
                  Miami, FL 33131
                  Tel: (305) 379-9180
                  Email: lglick@shutts.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Steven Kirk, president.

A list of the Debtor's 12 largest unsecured creditors is available
for free at http://bankrupt.com/misc/flsb15-25565.pdf


EDEN GARDENS: Case Summary & 13 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: Eden Gardens Apartments Limited Partnership
        19308 SW 380th Street
        Florida City, FL 33034

Case No.: 15-25560

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: August 27, 2015

Court: United States Bankruptcy Court
       Southern District of Florida (Miami)

Judge: Hon. Robert A Mark

Debtor's Counsel: Larry I Glick, Esq.
                  SHUTTS & BOWEN LLP
                  201 S Biscayne Blvd # 1500
                  Miami, FL 33131
                  Tel: (305) 379-9180
                  Email: lglick@shutts.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Steven Kirk, president of Corkscrew
Sanctuary, LLC, as general partner.

A list of the Debtor's 13 largest unsecured creditors is available
for free at http://bankrupt.com/misc/flsb15-25560.pdf


EL PASO: Court Disapproves Motion to Extend Exclusive Periods
-------------------------------------------------------------
The Hon. H. Christopher Mott of the U.S. Bankruptcy Court for the
Western District of Texas denied El Paso Children's Hospital
Corporation's motion to extend its exclusive periods to file a plan
of reorganization and solicit acceptances of the plan.

On Aug. 11, 2015, the Court conducted a hearing on the motion, and
the objection by El Paso County Hospital District doing business as
University Medical Center.

In a supplement to its objection, UMC incorporated and included for
all purposes the UMC's Chapter 11 Plan of Reorganization for the
Debtor in place of the proposed term sheet included in the
originally filed UMC motion to terminate.

On Aug. 7, the Debtor objected to UMC's motion to terminate
exclusivity periods, stating that a debtor's statutory right to
exclusivity is at the heart of the Bankruptcy Code, and no cause
exists to strip the Debtor of such an important right at the early
stage in its case.

According to the Debtor, the motion merely represents the latest
maneuver in an already long line of wasteful and ill-supported
efforts deployed by UMC in the case, aimed at depleting the
Debtor's resources in an effort to gain total control over the
Debtor and its operations.

                 About El Paso Children's Hospital

El Paso Children's Hospital Corporation operates the El Paso
Children's Hospital, the only not-for-profit children's hospital
in the El Paso region.  The hospital opened its doors in February
2012, features 122 private pediatric rooms, and is located at the
campus of El Paso County Hospital District dba University Medical
Center of El Paso.

The Company sought Chapter 11 protection (Bankr. W.D. Tex. Case
No. 15-30784) on May 19, 2015.  The case is assigned to Judge H.
Christopher Mott, following disputes with UMC.  The Debtor tapped
Jackson Walker LLP as counsel.

The Debtor disclosed $34,907,119 in assets and $14,934,578 in
liabilities as of the Chapter 11 filing.



ENERGY FUTURE: Plan Confirmation Hearing Set for Nov. 3
-------------------------------------------------------
Bill Hethcock at the Dallas Business Journal reports that the Hon.
Christopher Sontchi of the U.S. Bankruptcy Court for the District
of Delaware will hold on Nov. 3, 2015, a hearing to consider the
confirmation of Energy Future Holdings' bankruptcy plan.

The Business Journal relates that under the Plan, the Company will
split its power generation and retail companies, Luminant and TXU
Energy, from its Oncor transmission unit, then selling Oncor to a
consortium led by Hunt Consolidated in a deal valued at about $19
billion.

According to the report, Hunt Consolidated will need approval from
the Texas Public Utility Commission, who has up to six months to
rule on the deal.  PUC's commissioner, Ken Anderson previously
expressed concern about several aspects of the plan and asked Hunt
Consolidated to explain how the plan benefits Texas ratepayers, the
report states.

R.A. Dyer, writing for Fuelfix.com, relates that the Company and
the consortium leader, Ray L. Hunt, want to continue using a lot of
debt in this transaction.  Citing Mr. Anderson, Fuelfix.com states
that about $5.5 billion in borrowed money will remain with the
restructured Company, and as a result, certain protections must
remain firmly in place to protect Oncor ratepayers.  Mr. Hunt,
according to Fuelfix.com, proposes to employ a complicated "real
estate investment trust" structure in the transaction.  

                 About Energy Future Holding Corp.

Energy Future Holdings Corp., formerly known as TXU Corp., is A
privately held diversified energy holding company with a Portfolio
of competitive and regulated energy businesses in Texas.

Oncor, an 80 percent-owned entity within the EFH group, is the
Largest regulated transmission and distribution utility in Texas.

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

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

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

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

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

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

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

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


ENERGY FUTURE: Unmanifested Claimants' Bid for Legal Rep. Denied
----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware denied the
motion of Charlotte Liberda and Curtis Liberda, identified
unmanifested asbestos claimants in the Chapter 11 cases of Energy
Future Holdings Corp., et al., to appoint a legal representative to
represent the interests of all Unmanifested Asbestos Claimants.

As reported in the Troubled Company Reporter on Aug. 4, 2015,
Daniel K. Hogan, Esq., at Hogan & McDaniel, in Wilmington,
Delaware, representing the Unmanifested Claimants, had argued that
Charlotte and Curtis Liberda and the thousands of other
Unmanifested Claimants are entitled to a voice in these
proceedings; they are entitled to a legal representative.

                      About Energy Future

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

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

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

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

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

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

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

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

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



EVERGLADES SUPPORTIVE: Case Summary & 12 Top Unsecured Creditors
----------------------------------------------------------------
Debtor: Everglades Supportive Housing, LLC
        19308 SW 380th Street
        Florida City, FL 33034

Case No.: 15-25562

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: August 27, 2015

Court: United States Bankruptcy Court
       Southern District of Florida (Miami)

Judge: Hon. Jay Cristol

Debtor's Counsel: Larry I Glick, Esq.
                  SHUTTS & BOWEN LLP
                  201 S Biscayne Blvd # 1500
                  Miami, FL 33131
                  Tel: (305) 379-9180
                  Email: lglick@shutts.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Steven Kirk, president.

A list of the Debtor's 12 largest unsecured creditors is available
for free at http://bankrupt.com/misc/flsb15-25562.pdf


FLETCHER INCOME: 5th Cir. Reverses Ruling in La. Pension Fund Suit
------------------------------------------------------------------
The United States Court of Appeals for the Fifth Circuit,
concluding that the district court could not permissively abstain
and equitably remand under 28 U.S.C. Sections 1334(c)(1) and
1452(b) without considering the Chapter 15 bankruptcies, reversed
the district court's decision to remand the case filed by
Firefighters' Retirement System, et al., against CITGP Group
Limited to state court and remanded the case to the district court
for consideration under its bankruptcy jurisdiction.

Firefighters' Retirement System, et al., are three Louisiana
resident pension funds that invested in a leveraged feeder fund
located in the Cayman Islands, which was part of a larger fund, the
Fletcher Income Arbitrage Fund, Ltd.

In March 2013, the plaintiffs sued CITGO Group Limited, et al., in
Louisiana state court, accusing the latter of violating various
Louisiana securities laws, among other state law claims.  The
defendants removed the case to federal district court based on a
related Chapter 11 bankruptcy and additionally argued that the
federal court had diversity jurisdiction.

In January 2014, the Leveraged Fund and the Arbitrage Fund filed
voluntary petitions under Chapter 15 in the S.D.N.Y. Bankruptcy
Court.

Over the defendants' objection, the district court adopted the
report and recommendation of the magistrate judge and stated that
it would remand the case "pursuant to 28 U.S.C. Section 1334(c)(1)
and 28 U.S.C. Section 1452(b)."  The district court did not address
diversity jurisdiction or the Chapter 15 bankruptcies in the
order.

On appeal filed by the defendants, the Fifth Circuit held that a
district court cannot permissively abstain from exercising
jurisdiction in proceedings related to Chapter 15 cases.  The Fifth
Circuit that the district court erred by permissively abstaining
and equitably remanding the case in the face of the Chapter 15
bankruptcies.  The Fifth Circuit did not address the defendants'
first argument regarding diversity jurisdiction.

The case is FIREFIGHTERS' RETIREMENT SYSTEM; MUNICIPAL EMPLOYEES
RETIREMENT SYSTEM OF LOUISIANA; NEW ORLEANS FIREFIGHTERS' PENSION &
RELIEF FUND, Plaintiffs-Appellees, v. CITCO GROUP LIMITED; CITCO
FUND SERVICES (CAYMAN ISLANDS), LIMITED; CITCO BANKING CORPORATION,
N.V.; CITCO FUND SERVICES (EUROPE), BV; CITCO (CANADA),
INCORPORATED; CITCO TECHNOLOGY MANAGEMENT, INCORPORATED; CITCO BANK
NEDERLAND, N.V. DUBLIN BRANCH; CITCO GLOBAL CUSTODY, N.V.; CITCO
FUND SERVICES (BERMUDA), LIMITED; FLETCHER ASSET MANAGEMENT,
INCORPORATED; ALPHONSE FLETCHER, JR., also known as Buddy; DENIS
KIELY; DUHALLOW FINANCIAL SERVICES, L.L.C.; PETER ZAYFERT;
CONSULTING SERVICES GROUP, L.L.C.; JOE MEALS; SKADDEN, ARPS, SLATE,
MEAGHER & FLOM, L.L.P.; GRANT THORNTON INTERNATIONAL, LIMITED,
Defendants-Appellants, NO. 14-30857 (5th Cir.).

A full-text copy of the Fifth Circuit's August 6, 2015 opinion is
available at http://is.gd/CM85Tjfrom Leagle.com.

                About Fletcher Income

Fletcher Income Arbitrage Fund Ltd. and FIA Leveraged Fund Ltd.
filed Chapter 15 bankruptcy petitions (Bankr. S.D.N.Y. Case No.
14-10094) on Jan. 17, 2014.  Timothy T. Brock, Esq., at Satterlee
Stephens Burke & Burke LLP serves as counsel. Fletcher Income
listed $1 million to $10 million in assets and $100 million to $500
million in debt in its Chapter 15 petition.

Arbitrage is an "intermediate fund" in a multi-level
"master-feeder" fund structure involving companies variously
incorporated in the Cayman Islands, Delaware, and Bermuda
(Structure). Leveraged was a feeder fund at the base of the
Structure.


FREE GOSPEL: Alan Stokes & Associates Tapped as Accountant
----------------------------------------------------------
The Free Gospel Church of the Apostles' Doctrine seeks
authorization from the U.S. Bankruptcy Court for the District of
Maryland to employ Alan P. Stokes & Associates, Inc. of Central
Accounting & Financial Services as accountant.

The Debtor has retained the accounting firm to prepare all
outstanding personal property tax, employment tax returns,
financial statements, monthly operating reports and all other
accounting tasks necessary throughout the administration of the
Chapter 11 case.

The Debtor proposed to compensate the accountant a monthly rate of
$835 with an upward adjustment for an increase in the workload,
subject to approval of the court after the rendering of services.

The Debtor assured the Court that the accountant 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.

Alan P. Stokes & Associates, Inc. can be reached at:

       ALAN P. STOKES & ASSOCIATES, INC.
       7 Deneison St.
       Lutherville Timonium, MD 21093
       Tel: (410) 560-2870

The Free Gospel of the Apostles' Doctrine filed a Chapter 11
bankruptcy petition (Bankr. D. Md. Case No. 15-18209) on June 9,
2015.  The petition was signed by Antoinette Green-Snow as
executive administrator.  The Debtor estimated assets of $10
million to $50 million and debts of $1 million to $10 million.

Frank Morris, II, Esq., at Law Office of Frank Morris II, serves as
the Debtor's counsel.


FREE GOSPEL: Chapter 11 Trustee Objects to Hiring of Accountant
---------------------------------------------------------------
Judy A. Robbins, the Chapter 11 trustee of The Free Gospel Church
of the Apostles' Doctrine, filed an objection to the Debtor's
application to employ Alan P. Stokes & Associates, Inc. of Central
Accounting & Financial Services as accountant.

The Trustee stated that the Debtor did not provide sufficient
information to determine if the terms and conditions of the
Accountant's retention are reasonable and that it fails to explain
adequately the Accountant's compensation structure.

The Trustee is represented by:

       Lynn A. Kohen, Esq.
       6305 Ivy Lane, Suite 600
       Greenbelt, MD 20770
       Tel: (301) 344-6216
       Fax: (301) 344-8431
       E-mail: lynn.a.kohen@usdoj.gov

The Free Gospel of the Apostles' Doctrine filed a Chapter 11
bankruptcy petition (Bankr. D. Md. Case No. 15-18209) on June 9,
2015.  The petition was signed by Antoinette Green-Snow as
executive administrator.  The Debtor estimated assets of $10
million to $50 million and debts of $1 million to $10 million.

Frank Morris, II, Esq., at Law Office of Frank Morris II, serves as
the Debtor's counsel.


FRONTIER STAR: Amends List of 20 Largest Unsecured Creditors
------------------------------------------------------------
Frontier Star, LLC, filed with the U.S. Bankruptcy Court for the
District of Arizona an amended list of 20 largest unsecured
creditors:

   Name of Creditor            Nature of Claim   Amount of Claim
   ----------------            ---------------   ---------------
CKE Hardee's Restaurants, LLC        Rent            $984,687
Department No. 0779
Los Angeles, CA 63102

Chen Ying Lee                        Rent             $39,800

Josef Mueller                        Rent             $30,633

Dr. Art Mollen                       Rent             $26,632

The Margaret and David               Rent             $23,000
Firestone Living Trust

Ethan Flint                          Rent             $15,200

James Scrima                         Rent             $15,030

Filipponi Family                     Rent             $13,916

Triceratops, LLC                     Rent             $13,800

Parvis Donboli                       Rent             $13,333

Adams Ventures, LLC                  Rent             $12,750

SanPolo Holdings, Inc.               Rent             $12,576

Wen Lung Chow & Alice J. Yu          Rent             $12,110

Zeavy CHI LLC                        Rent             $11,900

HDI Chicago Rest, LLC                Rent             $11,667

Triclops                             Rent             $11,667

Hendrick Commercial LLC              Rent             $11,375

Phillips Yee                         Rent             $11,333

Jun Wantanabe, Walter Wantanabe      Rent             $10,333
& Osamu Wantanabe

Orsovita Inc                          Rent            $10,000

As reported in the Troubled Company Reporter on July 29, 2015,
the Debtor disclosed:

CKE Hardee's Restaurants, LLC                        $984,687
DMS 2, LLC                                            $14,166
James Scrima                                          $14,000
Triceratops, LLC                                      $13,800
James H. Evans, Trustee                               $13,125
McNeil Property No. 3 LLC                             $11,900
SanPolo Holdings, Inc.                                $11,812
HDI Chicago Rest, LLC                                 $11,667
Tom or Gayle Sinkiewicz                               $10,875
The Margaret and David Firestone Living Trust         $10,500
CSC Holdings, LLC                                     $10,500
Paul T. Herron and Paula R. Herron                     $9,275
Wen Lung Chow & Alice J. Yu                            $9,275
Aras Capital Co.                                       $8,758
Dr. P.M. Corp.                                         $8,699
Puccinelli Equities of Springfield                     $8,263
The Bohn Family Trust                                  $7,986
Ike & Squeaker D. Bootsma                              $7,976
Glenn J. Pratt and Judith K. Pratt                     $7,446
The Gary L. Johnson and Geraldine C. Johnson Trust     $7,037

A copy of the amended list is available for free at:

    http://bankrupt.com/misc/FrontierStar_49_amendedcreditors.pdf

                       About Frontier Star

Guadalupe, Arizona-based Frontier Star LLC and Frontier Star CJ LLC
are owned by three grandchildren of Carl Karcher, who founded the
fast-food chain.  The grandchildren include the LeVecke siblings
Carl, Margaret and Jason, who is listed as chief executive
officer/manager of both companies.  The LeVecke siblings had more
than 130 Carl's Jr. and Hardee's franchises in seven states and
Puerto Vallarta, Mexico, as of late 2013, according to an Arizona
Republic article that announced the grand opening of a new
sports-themed Carl's Jr. restaurant in Glendale.

On Aug. 13, 2015, the Hon. Eddward P. Ballinger Jr., ordered that
the case of Frontier Star, LLC, be jointly administered with the
case of Frontier Star CJ, LLC.

The Debtor disclosed total assets of $71,911,119 and total
liabilities of $27,335,663 as of the Chapter 11 filing.


FRONTIER STAR: Court Orders Joint Administration of Ch. 11 Cases
----------------------------------------------------------------
The Hon. Eddward P. Ballinger Jr. of the U.S. Bankruptcy Court for
the District of Arizona entered an order providing that the case of
Frontier Star, LLC, Chapter 11 Case No. 15-09383 be jointly
administered with the case of Frontier Star CJ, LLC, Chapter 11
Case No. 15-09385.  The order is for joint administration only and
not a substantive consolidation, the judge ruled.

According to Philip G. Mitchell, Esq., at The Cavanagh Law Firm,
P.A., in Phoenix, Arizona, both the Debtors share the identical
sole member and management, therefore, the Chapter 11 plan of
reorganization will be almost identical for each Debtor.  Moreover,
joint administration will ease the procedural burden on the Court
and the parties.

                       About Frontier Star

Guadalupe, Arizona-based Frontier Star LLC and Frontier Star CJ LLC
are owned by three grandchildren of Carl Karcher, who founded the
fast-food chain.  The grandchildren include the LeVecke siblings
Carl, Margaret and Jason, who is listed as chief executive
officer/manager of both companies.  The LeVecke siblings had more
than 130 Carl's Jr. and Hardee's franchises in seven states and
Puerto Vallarta, Mexico, as of late 2013, according to an Arizona
Republic article that announced the grand opening of a new
sports-themed Carl's Jr. restaurant in Glendale.

The Debtor disclosed total assets of $71,911,119 and total
liabilities of $27,335,663 as of the Chapter 11 filing.


FRONTIER STAR: Files Schedules of Assets and Liabilities
--------------------------------------------------------
Frontier Star, LLC, filed with the U.S. Bankruptcy Court for the
District of Arizona its schedules of assets and liabilities,
disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                        $0
  B. Personal Property           $71,911,119
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $25,975,821
  E. Creditors Holding
     Unsecured Priority
     Claims                                                $0
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                        $1,359,842
                                 -----------      -----------
        Total                    $71,911,119      $27,335,663

A copy of the schedules is available for free at:

        http://bankrupt.com/misc/FrontierStar_36_SAL.pdf

                       About Frontier Star

Guadalupe, Arizona-based Frontier Star LLC and Frontier Star CJ LLC
are owned by three grandchildren of Carl Karcher, who founded the
fast-food chain.  The grandchildren include the LeVecke siblings
Carl, Margaret and Jason, who is listed as chief executive
officer/manager of both companies.  The LeVecke siblings had more
than 130 Carl's Jr. and Hardee's franchises in seven states and
Puerto Vallarta, Mexico, as of late 2013, according to an Arizona
Republic article that announced the grand opening of a new
sports-themed Carl's Jr. restaurant in Glendale.

Frontier Star, LLC and Frontier Star CJ, LLC filed Chapter 11
bankruptcy petitions (Bankr. D. Ariz. Lead Case No. 15-09383) on
July 27, 2015.  The petitions were signed by Jason LeVecke as
CEO/manager.  The Debtors estimated assets and liabilities of at
least $10 million.  The Cavanagh Law Firm serves as counsel to the
Debtors.



FRONTIER STAR: Hardee's Restaurant Put on Sale for $2.66 Million
----------------------------------------------------------------
Hardee's Restaurant of Frontier Star is being sold for $2.66
million, Glenn Tanner at The Paris Post-Intelligencer reports,
citing an  investment overview packet assembled by EXP Realty
Advisors of New York.

Post-Intelligencer relates that Hardee's workers were reportedly
seeing their paychecks bounce in recent days.

According to Post-Intelligencer, the property is not currently
among those listed on EXP's website.  The report adds that Deke
Havener, manager of Hardee's restaurant at 1005 Mineral Wells
Avenue in Paris, Tennessee, said that the owner's involvement in
bankruptcy proceedings won't have any affect locally and that the
local restaurant would continue to operate as usual.

Restaurants owned by Frontier Star LLC and Frontier Star CJ LLC
wouldn't be affected by the current proceedings, The Restaurant
Finance Monitor states, citing a spokesperson for CKE Restaurants,
which issues franchise licenses for the two restaurant chains.

                       About Frontier Star

Guadalupe, Arizona-based Frontier Star LLC and Frontier Star CJ LLC
are owned by three grandchildren of Carl Karcher, who founded the
fast-food chain.  The grandchildren include the LeVecke siblings
Carl, Margaret and Jason, who is listed as chief executive
officer/manager of both companies.  The LeVecke siblings had more
than 130 Carl's Jr. and Hardee's franchises in seven states and
Puerto Vallarta, Mexico, as of late 2013, according to an Arizona
Republic article that announced the grand opening of a new
sports-themed Carl's Jr. restaurant in Glendale.

Frontier Star, LLC (Bankr. D. Ariz. Case No. 15-09383) and
affiliate Frontier Star CJ, LLC (Bankr. D. Ariz. Case No. 15-09385)
filed separate Chapter 11 bankruptcy petitions on July 27, 2015,
each estimating their assets and liabilities at between $10 million
and $50 million.  The petitions were signed by Jason LeVecke,
CEO/manager.

Philip G. Mitchell, Esq., at The Cavanagh Law Firm serves as the
Debtors' bankruptcy counsel.

Frontier Star, LLC, asked the U.S. Bankruptcy Court for the
District of Arizona to issue an order for joint administration of
the bankruptcy cases of Frontier Star, LLC, and Frontier Star CJ,
LLC, under Lead Case No. 15-09383.


FWLL LLC: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------
Debtor: FWLL, LLC
          aka Fourwinds Logistics
          aka Fourwinds Logistics SATX
        10101 Reunion Place, Suite 950
        San Antonio, TX 78216

Case No.: 15-52071

Chapter 11 Petition Date: August 27, 2015

Court: United States Bankruptcy Court
       Western District of Texas (San Antonio)

Judge: Hon. Craig A. Gargotta

Debtor's Counsel: Thomas Rice, Esq.
                  PULMAN, CAPPUCCIO, PULLEN, BENSON & JONES, LLP
                  2161 N.W. Military Highway, Suite 400
                  San Antonio, TX 78213
                  Tel: (210) 222-9494
                  Fax: (210) 892-1610
                  Email: trice@pulmanlaw.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Stan Bates, CEO.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/txwb15-52071.pdf


GRAFTECH INT'L: S&P Affirms 'B+' CCR, Outlook Negative
------------------------------------------------------
Standard & Poor's Ratings Services said it affirmed its ratings on
GrafTech International Ltd., including the 'B+' corporate credit
rating and 'B+' issue-level rating, and removed the ratings from
CreditWatch, where S&P placed them with negative implications on
May 1, 2015.  The rating outlook is negative.

S&P's recovery rating on GrafTech's senior unsecured notes remains
'4', indicating S&P's expectation for average (30% to 50%; at the
upper end of the range) recovery in the event of a payment
default.

The CreditWatch action follows the completion of Brookfield Asset
Management Inc.'s acquisition of GrafTech on Aug. 17, 2015, without
a downgrade event as defined in GrafTech's indenture.  The negative
outlook reflects S&P's expectation that, over the next 12 months,
steel markets will remain weak given global overcapacity. S&P
expects lower utilization rates and weaker pricing will continue to
weigh on graphite electrode demand.  As a result, leverage on an
adjusted basis could become sustained around current levels near
8x.

"The negative outlook reflects our expectation that, over the next
12 months, steel markets will remain weak given global
overcapacity," said Standard & Poor's credit analyst Michael Maggi.
"We expect lower utilization rates and weaker pricing will
continue to weigh on graphite electrode demand.  As a result,
leverage on an adjusted basis could become sustained around current
levels near 8x."

S&P could lower GrafTech's ratings if operating results remain
pressured into 2016 such that debt to EBITDA were to remain above
8x on a sustained basis.  Specifically, if gross margins (excluding
depreciation and amortization) remain below 20% or quarterly EBITDA
does not climb above $20 million.  This could be the result of
continued weakness in global steel markets, an increasingly
competitive operating environment, and/or ongoing challenges in the
Engineered Solutions segment.

In S&P's opinion, a positive rating action is unlikely over the
next 12 to 18 months, but a stable outlook will likely be
predicated on an improvement in the company's end markets and/or
overall steel industry.  This would most likely be associated with
sales and margin expansion such that quarterly EBITDA climbs back
to about $30 million without a significant increase in debt, which
would be consistent with a debt-to-EBITDA ratio under 5x on a
sustained basis.



HALCON RESOURCES: Announces Debt Exchanges, Gets NYSE Notice
------------------------------------------------------------
Halcon Resources Corporation announced that it has entered into
privately negotiated exchange agreements with certain holders of
its outstanding unsecured debt securities as part of its efforts to
deleverage the Company's balance sheet.

Halcon has agreed to issue approximately $1.02 billion aggregate
principal amount of new 13.00% Third Lien Senior Secured Notes due
2022 in exchange for approximately $1.57 billion aggregate
principal amount of its outstanding unsecured debt securities as
follows:

  * $497.2 million of its 9.75% Senior Unsecured Notes due 2020;

  * $774.7 million of its 8.875% Senior Unsecured Notes due 2021;
    and

  * $294.3 million of its 9.25% Senior Unsecured Notes due 2022

Floyd C. Wilson, chairman and chief executive officer, stated, "Not
only do these exchanges result in a material reduction to our
long-term debt, they also effectively improve our leverage profile
by almost a full turn and reduce our annual cash interest expense
by approximately $12 million.  We remain steadfast in our mission
to continue improving our balance sheet and are confident we will
emerge from this downturn a much stronger company."

The Company expects to close the debt exchanges within 10 business
days, subject to customary closing conditions, including an
amendment to its senior secured revolving credit facility to, among
other things, permit the issuance of the New Notes and reduce the
borrowing base by $50 million to $850 million.  Halcon currently
expects the borrowing base to remain unchanged at $850 million as a
result of the regularly scheduled fall redetermination.

The New Notes have not been registered under the Securities Act, or
any state securities laws and, unless so registered, may not be
offered or sold in the United States except pursuant to an
applicable exemption from the registration requirements of the
Securities Act and applicable state securities laws.

Jefferies LLC and J.P. Morgan Securities LLC acted as placement
agents to the Company for the debt exchanges.

Halcon also disclosed that on Aug. 25, 2015, it received notice
from the New York Stock Exchange that the price of its common stock
has fallen below the NYSE's continued listing standard.  The NYSE
requires that the average closing price of a listed Company's
common stock not be less than $1.00 per share for a period of 30
consecutive trading days.

Under NYSE rules, the Company will regain compliance if, during the
six month period following receipt of the NYSE notice and on the
last trading day of any calendar month, Halcon's common stock price
per share and 30 trading-day average share price is at least $1.00.
During this period, the Company's common stock will continue to be
traded on the NYSE, subject to compliance with other NYSE listing
requirements.  Halcon intends to notify the NYSE of its intent to
cure this deficiency, to the extent it becomes necessary.

The NYSE notification does not affect the Company's business
operations or its SEC reporting requirements and does not cause an
event of default under any of Halcon's debt agreements.

                       About Halcon Resources

Halcon Resources Corporation acquires, produces, explores and
develops onshore liquids-rich assets in the United States.  This
independent energy company operates in the Bakken/Three Forks, El
Halcon and Tuscaloosa Marine Shale formations.

As of June 30, 2015, the Company had $4.64 billion in total assets,
$4.1 billion in total liabilities, $137 million in redeemable
non-controlling interest, and $346 million in total stockholders'
equity.

                           *     *      *

As reported by the TCR on Jan. 27, 2015, Moody's Investors Service
downgraded Halcon's Corporate Family Rating to 'Caa1' from 'B3' and
the Probability of Default Rating to 'Caa1-PD' from 'B3-PD'.  The
downgrade reflects growing risk for Halcon's business profile
because of high financial leverage and limited liquidity as its
existing hedges roll-off and stop contributing to its borrowing
base over the next 12-18 months.

In June 2015, the TCR reported that Standard & Poor's Ratings
Services raised its corporate credit rating on Houston-based Halcon
Resources Corp. to 'B-' from 'SD' (selective default).
"The upgrade follows our assessment that Halcon is unlikely to
enter into additional debt-for-equity transactions, which we could
potentially view as distressed exchanges, because of its low stock
price and diminished market appetite," said Standard & Poor's
credit analyst Ben Tsocanos.


HARDWARE HOLDINGS: S&P Lowers CCR to 'CCC+', Outlook Negative
-------------------------------------------------------------
Standard & Poor's Ratings Services lowered its corporate rating on
Cranbury, N.J.-based Hardware Holdings LLC to 'CCC+' from 'B-'. The
outlook is negative.

At the same time, S&P lowered its issue-level ratings on the
company's $100 million term loan due 2020 to 'CCC+' from 'B'.  The
recovery rating was revised to '3', which indicates S&P's
expectation for meaningful (50% to 70%) recovery in the event of a
payment default, at the lower half of the range.  S&P also lowered
the issue-level ratings on the $55 million second-lien due 2020 to
'CCC-' from 'CCC'.  The recovery rating remains '6', which
indicates S&P's expectation for negligible (0% to 10%) recovery in
the event of a payment default.  S&P also lowered the issue-level
rating on the company's $40 million ABL revolver due 2019 to 'B'
from 'B+'.  The recovery rating remains '1', which indicates S&P's
expectation for very high (90% to 100%) recovery in the event of a
payment default.

"The downgrade and negative outlook reflects our belief that
Hardware may not be able to comply with its maintenance financial
covenants in the next few quarters and that free operating cash
flows for 2015 will be slightly negative, not allowing the company
to lower financial leverage," said Standard & Poor's credit analyst
Beverly Correa.

Hardware's recent weak operating performance has resulted in a
deterioration of credit metrics and a narrowing of its covenant
cushion to less than 10%, in S&P's view.  Moreover, it faces
step-downs in its covenants in the first quarter of 2016, which
will further constrain the company's ability to remain covenant
compliant.  Although the covenant allows for additional borrowings
as the company enters its peak working capital borrowings in the
third quarter of this year, S&P believes the company may not
generate the meaningful cash flows necessary to repay its term debt
and remain in compliance.  The negative outlook reflects the risk
that the company's liquidity could be further constrained and that
the company may not be able to meets it first-lien leverage ratio
test if operating performance does not improve.



HAWAIIAN TELCOM: S&P Affirms 'B' Corp Credit Rating, Outlook Stable
-------------------------------------------------------------------
Standard & Poor's Ratings Services said it affirmed all of its
ratings, including its 'B' corporate credit rating, on
Honolulu-based Hawaiian Telcom Holdco Inc.  The outlook is stable.

At the same time, S&P revised its assessment of the company's
business risk profile to "weak" from "vulnerable" and S&P's
comparable rating analysis to negative from neutral.

"The revision of our business risk assessment on Hawaiian reflects
an improvement in the company's network capabilities since its
emergence from bankruptcy in 2010," said Standard & Poor's credit
analyst Scott Tan.

"The company has been able to compete more effectively by
diversifying its revenue mix through the addition of a fully
bundled 'triple play' product, which includes pay-TV and high-speed
data services," he added.

Additionally, the company introduced data center colocation and
cloud services for business customers.

S&P revised the comparable ratings analysis to negative, which
lowers the corporate credit rating by one-notch to 'B', reflecting
S&P's view that Hawaiian's relative ranking is at the lower end of
the "weak" business risk assessment and S&P's expectation for
negative free operating cash flow (FOCF) over the next two years as
a result of elevated capital spending.

The stable outlook incorporates S&P's expectation for modest
revenue growth over the next year, with growth in video, high-speed
internet, and data center revenues offsetting declines in legacy
telephone services.  S&P expects adjusted EBITDA margins to be in
the high-20% area, with some margin degradation due to increasing
programing costs.

A downgrade would most likely result from a combination of
accelerated access line losses, significant price-based
competition, and higher-than-expected operating costs, which would
ultimately result in sustained negative FOCF and strained
liquidity.

Although unlikely over the next year, an upgrade would require
improvement in the company's business operations, demonstrated by
slowing annual access line losses, growing video penetration, and
higher broadband subscribers, leading to sustained and meaningful
positive FOCF to debt above 5%.



HERCULES OFFSHORE: Shares Delisted From Nasdaq
----------------------------------------------
Hercules Offshore, Inc., said in filings published on Aug. 27,
2015, that it no longer has shares of its stock traded on the
Nasdaq exchange.

As reported by the Troubled Company Reporter on Aug. 21, 2015, the
Company, after filing for bankruptcy protection, received on Aug.
13, 2015, a letter from the Nasdaq Listing Qualifications Staff
stating that the Staff has determined that the Company's securities
will be delisted from The Nasdaq Stock Market LLC.  On March 25,
2015, the Company received a deficiency notice from Nasdaq stating
that, based on the closing bid price of the Company's common stock
for the last 30 consecutive business days, the Company no longer
meets the minimum $1.00 per share requirement under Nasdaq Listing
Rule 5450(a)(1).  The letter further indicated that trading of the
Company's common stock will be suspended at the opening of business
on Aug. 24, 2015.

Rhiannon Meyers, writing for Fuelfix.com, recalls that the
Company's last trading day was two weeks ago.

                   About Hercules Offshore

Headquartered in Houston, Hercules Offshore, Inc. --
http://www.herculesoffshore.com/-- operates a fleet of 27 jackup
rigs, including one rig under construction, and 21 liftboats.  The
Company offers a range of services to oil and gas producers to
meet their needs during drilling, well service, platform
inspection, maintenance, and decommissioning operations in
several key shallow water provinces around the world.

On Aug. 13, 2015, Hercules Offshore and 14 affiliated debtors each
filed a voluntary petition for relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Lead Case No. 15-11685) in the
U.S. Bankruptcy Court for the District of Delaware.  The cases
are pending before the Honorable Kevin J. Carey.

The Debtors on the Petition Date filed a pre-packaged Chapter 11
plan that would convert $1.2 billion of outstanding senior notes
to 96.9% of new common equity.  A hearing will be held on
Sept. 24 to consider approval of the explanatory Disclosure
Statement and confirmation of the Debtors' Prepackaged
Chapter 11 Plan of Reorganization.  

The Debtors tapped Emanuel C. Grillo, Esq., Christopher Newcomb,
Esq., James Prince II, Esq., C. Luckey McDowell, Esq., and
Meggie S. Gilstrap, Esq., at Baker Botts LLP as counsel; and
Robert J. Dehney, Esq., Eric D. Schwartz, Esq., Matthew B.
Harvey, Esq., and Tamara K. Minott, Esq., at Morris, Nichols,
Arsht & Tunnell, as local counsel.  The Debtors also hired
Andrews Kurth LLP, as general corporate counsel; Lazard Freres
& Co. LLC, as investment banker, Alvarez & Marsal, as
restructuring advisor; and Prime Clerk, LLC, as claims and
noticing agent.

The Steering Group of Holders of Senior Notes is represented by
Akin Gump Strauss Hauer & Feld LLP's Arik Preis, Esq., and Michael
S. Stamer, Esq.

HERO disclosed $546 million in assets and $1.306 billion in debt
as of Aug. 11, 2015.


HERCULES OFFSHORE: Wins Nod to Assume Restructuring Pact
--------------------------------------------------------
Hercules Offshore, Inc. and its debtor affiliates won approval from
Judge Kevin J. Carey to assume a Restructuring Support Agreement
dated June 17, 2015, signed with holders in excess of two-thirds of
the aggregate principal amounts outstanding under the Debtors'
senior unsecured notes.

The Restructuring Support Agreement sets forth, subject to certain
conditions, the commitment to and obligations of the Debtors and
the Steering Group Members in connection with a restructuring of
the Senior Notes pursuant to and implemented through the Debtors'
Prepackaged Plan.

Pursuant to the RSA, the parties agree to support and use
reasonable best efforts to complete the restructuring and all
transactions contemplated under the RSA as soon as reasonably
practicable, and in any event, not later than the following
milestone dates:

   * On or before Aug. 22, 2015, commence the Chapter 11 Cases;

   * On or before Oct. 22, 2015, commence a hearing to confirm the
Plan; and

   * On or before Nov. 7, 2015, exit chapter 11.

A copy of the Motion is available for free at:

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

                          The Prepack Plan

The Debtors commenced solicitation of holders of claims regarding
the Plan prior to the Petition Date.  As of the bankruptcy filing,
holders of more than 99% in amount of Class 3 Senior Notes Claims
-- the only class entitled to vote on the Plan -- already have
voted to accept the Plan.  Under the Plan, holders of the entire
$1.2 billion in principal amount of the senior notes will be
converted into 96.9% of the New HERO Common Stock.  

The amount of the Debtors' liabilities significantly exceeds the
Debtors' enterprise value -- by more than $500 million -- and
thus, holders of HERO Equity Interests are substantially "out of
the money."  Consequently, under Article III.D.7 of the Plan,
HERO Equity Interests will be cancelled and discharged and shall
be of no further force or effect, and therefore have been deemed
to reject the Plan.

Notwithstanding, on or as soon as practicable after the Effective
Date, holders of HERO Equity Interests will receive, in exchange
for the surrender or cancellation of their HERO Equity Interests
and for the releases pursuant to section VII.F of the Plan, their
Pro Rata share of (1) the Shareholder Equity Distribution and (2)
the New HERO Warrants.  However, any holder of a HERO Equity
Interest that opts not to grant the voluntary releases contained
in Article VII.F of the Plan will not receive its pro rata share
of the Shareholder Equity Distribution and the New HERO Warrants
and shall not receive any consideration or any distribution
whatsoever under the Plan.

                      About Hercules Offshore

Headquartered in Houston, Hercules Offshore, Inc. --
http://www.herculesoffshore.com/-- operates a fleet of 27 jackup  
rigs, including one rig under construction, and 21 liftboats. The
Company offers a range of services to oil and gas producers to
meet
their needs during drilling, well service, platform inspection,
maintenance, and decommissioning operations in several key shallow
water provinces around the world.

The Debtors on the Petition Date filed a pre-packaged Chapter 11
plan that would convert $1.2 billion of outstanding senior notes to
96.9% of new common equity.

On Aug. 13, 2015 Hercules Offshore and 14 affiliated debtors each
filed a voluntary petition for relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Lead Case No. 15-11685) in the
U.S.
Bankruptcy Court for the District of Delaware.  The cases are
pending before the Honorable Kevin J. Carey.

The Debtors tapped Baker Botts LLP as counsel; Morris, Nichols,
Arsht & Tunnell, as local counsel; Andrews Kurth LLP, as general
corporate counsel; Lazard Freres & Co. LLC, as investment banker,
Alvarez & Marsal, as restructuring advisor; and Prime Clerk, LLC,
as claims and noticing agent.

The Steering Group of Holders of Senior Notes is represented by
Akin Gump Strauss Hauer & Feld LLP's Arik Preis, Esq., and Michael
S. Stamer, Esq.

HERO disclosed $546 million in assets and $1.306 billion in debt
as
of Aug. 11, 2015.


HOLY HILL: Palisades Capital Acquires Sunset Blvd. Plot for $30M
----------------------------------------------------------------
Hannah Miet at the Los Angeles Business Journal reports that Holy
Hill Community Church has sold its 5.3-acre plot at 1111 W. Sunset
Boulevard in Echo Park, right at the border of downtown Los
Angeles, to Palisades Capital Partners for roughly $30 million.

Business Journal relates that Richard J. Laski, whom the Bankruptcy
Court appointed to sell the site on behalf of the church as part of
its reorganization under Chapter 11, will go through the process of
addressing all of the claims filed against the church and paying
back its debts.  According to the report, Mr. Laski said that the
church will get the remainder of the $30 million that is not owed
to creditors, and use that money to buy a new home for its
congregation.

Philip Sample, Mike Shustak and Chris Caras at CBRE Group Inc.
represented both the buyer and the seller in the transaction,
Business Journal states.

                          About Holy Hill

Holly Hill Community Church, aka Holy Hill Community Church, a
protestant church in Los Angeles, filed for Chapter 11 protection
(Bankr. C.D. Cal. Case No. 14-21070) on June 5, 2014.  In its
Petition, Holly Hill, a California non-profit corporation
incorporated for the purposes of conducting religious activities
as a protestant Christian church, disclosed $35.4 million in total
assets and $16.7 million in total liabilities.

John Jenchun Suh, the pastor and CEO of the church, signed the
bankruptcy petition.  W. Dan Lee of the Lee Law Offices, in Los
Angeles, is representing the Debtor as counsel.  Judge Julia W.
Brand presides over the case.

Richard J. Laski has been appointed to serve as Chapter 11 trustee
in the Debtor's case.  The Trustee has tapped Arent Fox LLP to
serve as his bankruptcy counsel, and Wilshire Partners of CA, LLC,
as accountant.


IMH FINANCIAL: SRE Loan Maturity Extended to Nov. 23
----------------------------------------------------
IMH Financial Corporation and SRE Monarch Lending, LLC entered into
a third amendment to their loan agreement extending the maturity
date of the Company's loan from Aug. 24, 2015, to
Nov. 23, 2015.  The Company paid a fee of $100,000 to SRE Monarch
Lending in connection with this extension.

On Aug. 24, 2015, the Company and SRE Monarch, LLC entered into the
First Amendment to SRE Fee Agreement pursuant to which SRE Monarch
agrees to provide consulting services in connection with certain
assets obtained by the Company through the enforcement of the
Company's loan guarantee rights.  SRE Monarch will be paid $50,000
for these services.  

SRE Monarch Lending and are related parties of Seth Singerman, one
of the Company's directors.

                        About IMH Financial

Scottsdale, Ariz.-based IMH Financial Corporation was formed from
the conversion of IMH Secured Loan Fund, LLC, or the Fund, a
Delaware limited liability company, on June 18, 2010.  The
conversion was effected following a consent solicitation process
pursuant to which approval was obtained from a majority of the
members of the Fund to effect the Conversion Transactions and
involved (i) the conversion of the Fund from a Delaware limited
liability company into a Delaware corporation named IMH Financial
Corporation, and (ii) the acquisition by the Company of all of the
outstanding shares of the manager of the Fund Investors Mortgage
Holdings Inc., or the Manager, as well as all of the outstanding
membership interests of a related entity, IMH Holdings LLC, or
Holdings on June 18, 2010.

IMH Financial reported a net loss attributable to common
shareholders of $39.5 million in 2014, a net loss attributable to
common shareholders of $26.2 million in 2013 and a net loss
attributable to common shareholders of $32.2 million in 2012.

As of June 30, 2015, the Company had $205.9 million in total
assets, $112.8 million in total liabilities, $28.4 million in
redeemable convertible preferred stock, and $64.6 million in total
stockholders' equity.


INSITE VISION: Amends Merger Agreement with QLT
-----------------------------------------------
InSite Vision Inc. announced that it entered into a revised merger
agreement with QLT Inc. under which QLT will acquire InSite
Vision.

Under the terms of the revised merger agreement, a wholly owned
subsidiary of QLT will be merged with and into InSite Vision.  At
the time of the merger, each InSite Vision share will be exchanged
for the following:

    * 0.078 QLT shares, if the average trading price of QLT shares
      for the 15-trading day period ending on the trading day
      immediately preceding the closing of the merger (the Average

      QLT Trading Price) is between $3.22 and $3.86;

    * a number of QLT shares equal to $0.30 divided by the Average
      QLT Trading Price, if the Average QLT Trading Price is
      greater than $3.86; and

    * a number of QLT shares equal to $0.25 divided by the Average
      QLT Trading Price, if the Average QLT Trading Price is less
      than $3.22.

On Aug. 26, 2015, QLT's closing trading price was $3.43 per share.
Based on the closing price, an InSite Vision stockholder would
receive shares of QLT worth approximately $0.267 per share of
InSite held.  The prior agreement with QLT, announced June 8, 2015,
offered $0.178 per InSite share as of that date.  Under the new
agreement, the number of QLT shares to be issued in the merger is
subject to a cap so that QLT will not issue QLT shares in excess of
19.9% of then-outstanding QLT shares.  In such an event, the
remaining merger consideration would be paid in cash (based on the
value of the Average QLT Trading Price) on a pro rata, per share
basis.

"The amended merger agreement with QLT provides a significant
improvement in value for our shareholders," said Tim Ruane, InSite
Vision's chief executive officer.  "The new agreement provides
assurance of at least $0.25 per share and provides potential upside
appreciation, depending on QLT's trading prices, to up to $0.30 per
share."

InSite Vision's Board of Directors approved the revised merger
agreement with QLT and determined that the previously announced
unsolicited offer from a multi-national pharmaceutical company to
acquire InSite Vision for $0.25 per share in an all-cash
transaction no longer constitutes a "Company Superior Proposal" as
defined in the QLT merger agreement.

Under the terms of the amended QLT merger agreement, the
termination fee that QLT will be entitled to receive from InSite if
the amended merger agreement is terminated under certain
circumstances was increased from $1,170,000 to $2,667,000, or
approximately 5% of InSite's enterprise value.

A copy of the Second Amended and Restated Agreement and Plan of
Merger is available for free at http://is.gd/77Gbhu

                           InSite Vision

Based in Alameda, California, InSite Vision Incorporated (OTCBB:
INSV) -- http://www.insitevision.com/-- is committed to
advancing new and superior ophthalmologic products for unmet eye
care needs.  The company's product portfolio utilizes InSite
Vision's proven DuraSite(R) bioadhesive polymer core technology, a
platform that extends the duration of drug retention on the
surface of the eye, thereby reducing frequency of treatment and
improving the efficacy of topically delivered drugs.

Burr Pilger Mayer, Inc., in E. Palo Alto, California, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2014, citing that the
Company's recurring losses from operations, available cash balance
and accumulated deficit raise substantial doubt about its ability
to continue as a going concern.

Insite Vision reported net income of $26.8 million in 2014 compared
to net income of $5.7 million in 2013.

As of June 30, 2015, the Company had $4.6 million in total assets,
$19.2 million in total liabilities and a $14.6 million total
stockholders' deficit.


JC PENNEY: Fitch Hikes Issuer Default Rating to B-, Outlook Stable
------------------------------------------------------------------
Fitch Ratings has upgraded the Issuer Default Ratings (IDRs) of
J.C. Penney Co., Inc. and J.C. Penney Corporation, Inc. to 'B-'
from 'CCC'.  The Rating Outlook is Stable.

KEY RATING DRIVERS

A pathway to $1 billion in EBITDA: J.C. Penney has demonstrated a
meaningful turnaround in its business over the last seven quarters
and Fitch expects the company to generate EBITDA of approximately
$650 million in 2015 (which adds back approximately $40 million in
non-cash stock-based compensation) versus $277 million in 2014. Our
expectations are based on 4% comparable store sales (comps) growth,
gross margin of approximately 36%, and further selling, general and
administrative (SG&A) reduction of approximately $120 million.  The
upgrade reflects increased confidence in J.C. Penney's ability to
improve EBITDA to the $800 million range in 2016 and move towards
$1 billion in 2017.

At these EBITDA levels, free cash flow (FCF) is expected to be
neutral in 2015, turn to positive $75 million in 2016 and approach
almost $200 million in 2017.  Fitch expects total liquidity (cash
and revolver availability) to range from $1.7 billion at seasonal
working capital peak to over $2 billion at fiscal year-end, which
will enable the company to address total unsecured debt maturities
of $600 million through 2018.  J.C. Penney is currently evaluating
its options to amend and extend its $2.2 billion real estate term
loan due May 2018 for which the 1% no-call provision rolled off in
May 2015 with better terms, which could include reducing some of
the collateral and/or improving the terms on the loan.

Adjusted debt/EBITDAR is expected to be just over 8x at the end of
2015 versus 9x for the LTM period ended Aug. 1, 2015, and could
trend towards 6x by 2017 if EBITDA approaches $1 billion and if
J.C. Penney refinances its real estate term loan and pays down
approximately $600 million in unsecured debt.

Sustaining Positive Comps

J.C. Penney comps returned to positive territory in fourth-quarter
2013 (4Q13) and have continued on a positive trajectory through
2Q15, with first-half comps at positive 3.7%.  Gross margins have
improved over 400bps in the LTM to 35.8%, through improved
clearance and promotional selling margin performance, improved
performance in private brands and key value items, and better
in-stock positions.

Fitch expects J.C. Penney to sustain comps growth in the 2%-3%
range in 2016/2017, as it invests in areas such as Sephora home, on
building back its private brands and omnichannel, and on modestly
improving gross margin beyond 2015.  Underlying our comp
assumptions is the expectation that overall apparel, accessories,
footwear and home sales grow 2%-3% annually, with growth in online
sales accounting for over 50% of the growth.  Department store
traffic trends remain soft and industry sales are expected to
continue to decline 2% annually as volume continues to shift to
off-mall channels, such as online, discount and off-price
retailers.

Fitch anticipates J.C. Penney's store traffic to be flat to up
slightly in 2016/2017, with store-level comps up 1%-2%.  Fitch
expects online sales to grow 10%-12% annually from the 2014 base of
$1.2 billion, to $1.6 billion-$1.7 billion in 2017, contributing
1%-1.3% annually to overall comps.

The company has been focused on cost-cutting efforts and achieved
SG&A reduction of approximately $100 million over the LTM and Fitch
expects modest cost reductions in 2016/2017 as the company
continues to rightsize its cost structure to a $13 billion to $14
billion top-line level, relative to $17 billion-plus in 2011.
Should these SG&A savings materialize, J.C. Penney's SG&A ratio
would return to 33%-33.5%, in line with the 33.3% level in 2011.

KEY ASSUMPTIONS

   -- Fitch expects J.C. Penney comps to be 4% in 2015 and to
      sustain comps growth in the 2%-3% range in 2016/2017.

   -- Adjusted debt/EBITDAR is expected to be just over 8x at the
      end of 2015 and could trend towards 6x by 2017 with EBITDA
      approaching $1 billion and some debt paydown.

   -- Fitch expects total liquidity (cash and revolver
      availability) to range from $1.7 billion at seasonal working

      capital peak to over $2 billion at fiscal year-end, which
      will enable the company to address total unsecured debt
      maturities of $600 million through 2018.

   -- FCF is expected to be flat-to-modestly negative in 2015, and

      is expected to improve to $75 million in 2016 and
      potentially to $200 million in 2017.

RATING SENSITIVITIES

Positive Rating Action: A positive rating action could occur if
J.C. Penney continues to generate 2%-3% comp growth and EBITDA
improves to the $1 billion range, the company pays down upcoming
unsecured debt maturities and refinances its $2.25 billion term
loan, and leverage moves to around 6x.

Negative Rating Action: A negative rating action could occur if
comps and margin trends stall, indicating J.C. Penney is not
stabilizing its core business, leading to concerns about the
company's liquidity position.

LIQUIDITY

The company ended 2014 with $2.1 billion in liquidity between cash
and cash equivalents of $1.3 billion and $773 million available
under its $1.85 billion credit facility.  FCF is expected to be
flat-to-moderately negative in 2015, assuming cash interest expense
of $400 million, capex of $250 million-$300 million and
flat-to-moderate working capital use.  FCF is expected to improve
to $75 million in 2016 and potentially to $200 million in 2017 if
EBITDA is close to $1 billion.

J.C. Penney is currently evaluating its options to amend and extend
the $2.2 billion real estate term loan due May 2018 for which the
1% no-call provision rolled off in May 2015.  The company's
upcoming unsecured debt maturities include $78 million in August
2016, $220 million in April 2017 and $300 million in February 2018.
J.C. Penney has sufficient liquidity to pay down these unsecured
debt maturities if required.

ISSUE RATINGS BASED ON RECOVERY ANALYSIS

For issuers with Issuer Default Ratings (IDRs) at 'B+' and below,
Fitch performs a recovery analysis for each class of obligations of
the issuer.  The issue ratings are derived from the IDR and the
relevant Recovery Rating (RR) and notching, based on Fitch's
recovery analysis which places a liquidation value for J.C. Penney
under a distressed scenario of approximately $5.6 billion as of
Aug. 1, 2015.

J.C. Penney's $2.35 billion senior secured asset-backed (ABL)
facility that matures in June 2019 is rated 'BB-/RR1', which
indicates outstanding recovery prospects (91%-100%) in a distressed
scenario.  The facility comprises a $1.85 billion revolving line of
credit and a $500 million first-in, last-out term loan.

The facility is secured by a first lien priority on inventory and
receivables with borrowings subject to a borrowing base.  Any
proceeds of the collateral will be applied first to the
satisfaction of all obligations under the revolving facility and
second to the satisfaction of the obligations under the term loan
facility.

J.C. Penney is required to maintain a minimum excess availability
at all times of not less than the greater of (i) 10% of line
capital (the lesser of total commitment or borrowing base) and (ii)
$150 million.

The $2.2 billion term loan due May 2018 is also expected to have
outstanding recovery prospects of 91%-100%, leading to a 'BB-/RR1'
rating.  The term loan facility is secured by (a) first lien
mortgages on owned and ground leased stores (subject to certain
restrictions primarily related to principal property owned by J.C.
Penney Corporation, Inc.), the company's headquarters and related
land, and nine owned distribution centers; (b) a first lien on
intellectual property (trademarks including J.C. Penney, Liz
Claiborne, St. John's Bay and Arizona), machinery and equipment;
(c) a stock pledge of J.C. Penney Corporation and all of its
material subsidiaries and all intercompany debt; and (d) second
lien on inventory and accounts receivable that back the ABL
facility.

The $2.6 billion of senior unsecured notes are rated 'B-/RR4',
indicating average recovery prospects (31%-50%).

FULL LIST OF RATING ACTIONS

Fitch has upgraded these ratings:

J.C. Penney Co., Inc.

   -- IDR to 'B-' from 'CCC'.

J.C. Penney Corporation, Inc.

   -- IDR to 'B-' from 'CCC'.
   -- Senior secured bank credit facility to 'BB-/RR1' from
      'B/RR1';
   -- Senior secured term loan to 'BB-/RR1' from 'B/RR1'; and
   -- Senior unsecured notes and debentures to 'B-/RR4' from
      'CCC/RR4'.

The Rating Outlook is Stable.



LEE STEEL: Files Amended Schedules of Assets and Liabilities
------------------------------------------------------------
Lee Steel Corporation filed with the U.S. Bankruptcy Court for the
Eastern District of Michigan in July 2015 amended schedules of
assets and liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                        $0
  B. Personal Property           $63,206,282
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $50,223,319
  E. Creditors Holding
     Unsecured Priority
     Claims                                           $11,000
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                       $12,425,487
                                 -----------      -----------
        Total                    $63,206,282      $62,659,806

Copies of the amended schedules are available for free at:

    http://bankrupt.com/misc/LeeSteel_218_July10amendedSAL.pdf
    http://bankrupt.com/misc/LeeSteel_225_July15amendedSAL.pdf

                        About Lee Steel

Novi, Michigan-based Lee Steel Corp., provides flat rolled steel,
including hot rolled steel, cold rolled steel, and exposed coated
products for automotive and other manufacturing industries.

Lee Steel and 2 affiliated companies -- Taylor Industrial
Properties, L.L.C., and 4L Ventures, LLC -- filed for separate
bankruptcy protection (Bankr. D. Del. Case No. 15-45784) on April
13, 2015.  

The Hon. Marci B. McIvor presides over the cases.  Joshua A.
Gadharf, Esq., at McDonald Hopkins PLC, represents the Debtor.
Huron Business Advisory, serves as financial advisor; and Epiq
Bankruptcy Solutions serves as claims and noticing agent.

Lee Steel disclosed $63,206,282 in total assets and $62,659,806 in
total liabilities.

Hilco Global has purchased the steel processing facility located at
the Lee Steel Corporation site in Romulus, Michigan.  The deal
which was approved in U.S. Bankruptcy Court includes a 200,000
square foot plant and all of the steel processing equipment located
at that site.  The sale is expected to close in mid-September.

The U.S. Trustee for Region 9 appointed three creditors to serve on
the official committee of unsecured creditors.  Conway Mackenzie,
Inc. serves as its financial advisor.



LEE STEEL: Plan Filing Exclusivity Expires Sept. 30
---------------------------------------------------
The Hon. Marci C. McIvor of the U.S. Bankruptcy Court for the
Eastern District of Michigan extended Lee Steel Corporation, et
al.'s exclusive periods to file a chapter 11 plan and disclosure
statement Sept. 30, 2015.

The extension is pursuant to a stipulation between Debtors and the
Committee.

The Court also ordered that if the Debtors file a plan by Sept. 30,
the 180-day exclusivity period specified in Section 1121(c)(3) is
extended until Nov. 24, 2015.

As reported in the Troubled Company Reporter on June 4, 2015, to
expedite the reorganization and to secure the just, speedy, and
inexpensive determination of the cases of the Debtors, Judge McIvor
has set these deadlines, hearing dates and procedures:

   a. For creditors who are required by law to file claims, the
deadline is Aug. 19, 2015, except that for governmental units the
deadline to file claims is 180 days from the date the petition was
filed.

   b. The deadline for the Debtors to file motions is July 31,
2015.  This is also the deadline to file all unfiled overdue tax
returns.  The case will not be delayed due to unfiled tax returns.

   c. The deadline for parties to request the Debtors to include
any information in the disclosure statement is Aug. 31, 2015.

   d. The deadline for the Debtors to file a combined plan and
disclosure statement is Sept. 30, 2015.

   e. The deadline to return ballots on the plan, well as to
file objections to final approval of the disclosure statement and
objections to confirmation of the plan, is Nov. 17, 2015.  The
completed ballot form will be returned by mail to the debtor's
attorney: Stephen M. Gross, McDonald Hopkins, PLC, 39533 Woodward
Avenue, Suite 318, Bloomfield Hills, MI 48304.

   f. The hearing on objections to final approval of the disclosure
statement and confirmation of the plan will be held on Nov. 24,
2015 at 10:30 a.m., in Room 1875, 211 W. Fort Street, Detroit,
Michigan.

   g. The deadline for all professionals to file final fee
applications is Dec. 28, 2015.

   h. The deadline to file objections to the Court's Order
Establishing Deadlines and Procedures is June 2, 2015.

   i. The deadline for taxing authorities to file a motion to allow
an administrative expense is Sept. 30, 2015.

   j. The deadline to file a motion to extend the deadline to file
a plan is Aug. 31, 2015.

As for the plan, the Court has ordered the Debtors to begin to
negotiate the terms of a plan of reorganization and a disclosure
statement as soon as practicable.  The Debtors will file a plan of
reorganization and a disclosure statement combined into one
document.  If the Debtors fail to meet the deadline, the case may
be dismissed or converted to chapter 7 pursuant to 11 U.S.C. Sec.
1112(b)(4).

It is the policy of the Court to eliminate unnecessary,
time-consuming, and costly litigation concerning the adequacy of
the disclosure statement.  Accordingly, in preparing the disclosure
statement, the Debtors (1) will include all information in the
attached "Requirements for Information to Include in the Combined
Plan and Disclosure Statement," prepared by the Court, and (2) will
consider any request by any party to include any additional
information.  The parties will submit to the Court for informal
resolution any disputes about the disclosure statement before the
Debtors file it.  Unless good cause is shown, the Court will not
consider any objection to a disclosure statement asserted by anyone
who has not participated in the procedures.

There will be a combined hearing on the plan and disclosure
statement.  Parties may file objections to the disclosure statement
and to the plan by the deadline.  If, after considering objections,
the Court does not approve the disclosure statement, the Court will
not consider confirmation of the plan.

A full-text copy of the Court's Order Establishing Deadlines and
Procedures is available at:

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

                        About Lee Steel

Novi, Michigan-based Lee Steel Corp., provides flat rolled steel,
including hot rolled steel, cold rolled steel, and exposed coated
products for automotive and other manufacturing industries.

Lee Steel and 2 affiliated companies -- Taylor Industrial
Properties, L.L.C., and 4L Ventures, LLC -- filed for separate
bankruptcy protection (Bankr. D. Del. Case No. 15-45784) on April
13, 2015.  

The Hon. Marci B. McIvor presides over the cases.  Joshua A.
Gadharf, Esq., at McDonald Hopkins PLC, represents the Debtor.
Huron Business Advisory, serves as financial advisor; and Epiq
Bankruptcy Solutions serves as claims and noticing agent.

Lee Steel disclosed $63,206,282 in total assets and $62,659,806 in
total liabilities.

Hilco Global has purchased the steel processing facility located at
the Lee Steel Corporation site in Romulus, Michigan.  The deal
which was approved in U.S. Bankruptcy Court includes a 200,000
square foot plant and all of the steel processing equipment located
at that site.  The sale is expected to close in mid-September.

The U.S. Trustee for Region 9 appointed three creditors to serve on
the official committee of unsecured creditors.  Conway Mackenzie,
Inc. serves as its financial advisor.



MAGNETATION LLC: Fredrickson & Byron OK'd to Handle Labor Issues
----------------------------------------------------------------
The Hon. Gregory F. Kishel of the U.S. Bankruptcy Court for the
District of Minnesota authorized Magnetation LLC, et al., to employ
Fredrikson & Byron P.A. as special counsel, nunc pro tunc to the
Petition Date.

Fredrikson & Byron is expected to:

   a. assist the Debtors' reporting to bondholders, advising and
providing legal opinions and due diligence deliveries regarding the
terms of the proposed Debtor in Possession financing and amendments
or modifications thereto, and advising and providing legal opinions
relating to existing credit facilities;

   b. advise the Debtors regarding employment and labor issues,
including collective bargaining agreements, layoffs, employee
grievances, workers compensation, employment and labor disputes,
OSHA and other regulatory compliance matters involving employment
and labor;

   c. advise the Debtors regarding environmental compliance and
permitting issues; and

   d. represent the Debtors with respect to potential annexation of
Mag Pellet, LLC plant in Reynolds, Indiana and impacts of such
annexation on tax increment financing and real estate taxation.

On July 21, 2015, the Debtors revised their application stating
that Fredrikson & Byron will continue to represent them as outside
corporate counsel.  Fredrikson & Byron has represented the Debtors
since February 2013 with respect to general corporate matters,
finance and securities, labor and employment, real estate and
environmental matters.  

The Debtors believe that the services will not duplicate the
services that other professionals will be providing to the Debtors
in the cases.

Fredrikson & Byron will not represent the Debtors with respect to
any matter that is adverse to the Great Northern Iron Ore
Properties Trust, to the Tmst's Reversioner, Glacier Park Iron Ore
Properties LLC, to Glacier Park Iron Ore Holdings LLC (the sole
member of Glacier Park Iron Ore Properties LLC), or to Glacier Park
Company (the sole member of Glacier Park Iron Ore Holdings LLC).

The Debtors have also agreed that Fredrikson & Byron will be
reimbursed for all actual out-of-pocket expenses incurred by the
firm on the Debtors' behalf.

The best of the Debtors' knowledge, Fredrikson & Byron does not
hold or represent any interest adverse to the Debtors or the
Debtors' estates with respect to the matters for which it will
provide services.

In the 90 days before the Petition Date, Fredrikson & Byron
received payments totaling $300,000 from the Debtors and is holding
a retainer in the amount of $82,000.  The Debtors and Fredrikson &
Byron have agreed that the firm will continue to hold the retainer
and it will be applied to pay fees, costs, and expenses relating to
services rendered prepetition or in the course of these cases.

Clinton E. Cutler, a shareholder in the law firm of Fredrikson &
Byron, disclosed, in an unsworn declaration, that the Debtors paid
to the firm fees and expenses exceeding $1.5 million over the
course of the representation.

The hourly rates for the attorneys expected to have primary
responsibility for the representation of the Debtors are:

         Simon Root, shareholder (Corporate)       $495
         Melodie Rose, shareholder (Corporate)     $545
         Eric Anderson, shareholder (Corporate)    $550
         Rick Ross, shareholder (Labor/Employment) $495
         Mark Vyvyan, shareholder (Real Estate)    $475
         Joseph Schauer, associate (Corporate)     $290
         Levi Smith, associate (Corporate)         $250

As reported in the Troubled Company Reporter on July 7, 2015, the
filing fees paid by Fredrikson & Byron on account of the Debtors in
the cases totaled $8,585 ($1,717 per case), for which Fredrikson &
Byron will seek reimbursement by the Debtors.

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

    -- Fredrikson & Byron did not agree to any variation from, or
       alternatives to, its standard or customary billing
       rrangements for this engagement.

    -- None of the professionals from Fredrikson & Byron included
       in this engagement have varied or will vary their rate
       based on the geographic location of the bankruptcy case.

    -- The billing rates and material financial terms for
       Fredrikson & Byron's prepetition engagement by the Debtors
       are set forth herein. No adjustments were made to either
       the billing rates or the material financial terms of
       Fredrikson & Byron's employment by the Debtors as a result
       of the filing of these chapter 11 cases.

    -- Given the uncertainty regarding the pace of ongoing legal
       matters that will be handled by Fredrikson & Byron, the
       Debtors and Fredrikson & Byron have not prepared a budget
       and staffing plan.

                      About Magnetation LLC

Magnetation LLC -- http://www.magnetation.com/-- is a joint    
venture between Magnetation, Inc. (50.1% owner) and AK Iron
Resources, LLC, an affiliate of AK Steel Corporation (49.9%
owner).

Magnetation LLC recovers high-quality iron ore concentrate from
previously abandoned iron ore waste stockpiles and tailings
basins.
Magnetation LLC owns iron ore concentrate plants located in
Keewatin, MN, Bovey, MN and Grand Rapids, MN, and an iron ore
pellet plant in Reynolds, IN.  

Magnetation LLC and four subsidiaries sought Chapter 11 bankruptcy
protection (Bankr. D. Minn. Lead Case No. 15-50307) in Duluth,
Minnesota, on May 5, 2015, after reaching a deal with secured
noteholders on a balance sheet restructuring.  The cases are
assigned to Chief Judge Gregory F Kishel.

The Debtors have tapped Davis Polk & Wardwell LLP and Lapp, Libra,
Thomson, Stoebner & Pusch, Chtd., as attorneys; Blackstone
Advisory
Partners LP as financial advisor; and Donlin, Recano & Company,
Inc., as the claims agent.

The Debtor's exclusive period for filing a plan and disclosure
statement ends Sept. 2, 2015.

The Debtor disclosed $239,210,542 in assets and $575,938,301 in
liabilities as of the Chapter 11 filing.

The U.S. Trustee for Region 12 appointed three creditors of
Magnetation LLC to serve on an official committee of unsecured
creditors.  The Committee tapped Cooley, LLP as its lead counsel,
Foley & Mansfield PLLP as its local counsel, and Province Inc., as
its financial advisor.



MARINA BIOTECH: Registers 6.2 Million Shares for Resale
-------------------------------------------------------
Marina Biotech, Inc., filed a Form S-1 registration statement with
the Securities and Exchange Commission relating to the proposed
resale or other disposition from time to time of up to 6,187,500
shares of the common stock, par value $0.006 per share, of the
Company by Steven T. Newby, James H. Stebbins and Lincoln Park
Capital Fund, LLC.

The shares of common stock covered by this prospectus are issuable
to the selling stockholders upon the conversion of the shares of
the Series D Convertible Preferred Stock and upon the exercise of
common stock purchase warrants that are held by the selling
stockholders.  The Company is not selling any common stock under
this prospectus and will not receive any of the proceeds from the
sale or other disposition of common stock by the selling
stockholders.  However, the Company may receive proceeds in the
aggregate amount of up to $1.375 million if all of the warrants to
purchase the shares of the Company's common stock that are covered
by this prospectus are exercised for cash.

The Company's common stock is traded on the OTCQB under the symbol
"MRNA".  On Aug. 25, 2015, the last reported sale price for the
Company's common stock as reported on OTCQB was $0.40 per share.

A copy of the prospectus is available for free at:

                       http://is.gd/FBrv6Q

                       About Marina Biotech

Marina Biotech, Inc., headquartered in Bothell, Washington, is a
biotechnology company focused on the discovery, development and
commercialization of nucleic acid-based therapies utilizing gene
silencing approaches such as RNA interference ("RNAi") and
blocking messenger RNA ("mRNA") translation.  The Company's goal
is to improve human health through the development, either through
its own efforts or those of its collaboration partners and
licensees, of these nucleic acid-based therapeutics as well as the
delivery technologies that together provide superior treatment
options for patients.  The Company has multiple proprietary
technologies integrated into a broad nucleic acid-based drug
discovery platform, with the capability to deliver novel nucleic
acid-based therapeutics via systemic, local and oral
administration to target a wide range of human diseases, based on
the unique characteristics of the cells and organs involved in
each disease.

On June 1, 2012, the Company announced that, due to its financial
condition, it had implemented a furlough of approximately 90% of
its employees and ceased substantially all day-to-day operations.
Since that time substantially all of the furloughed employees have
been terminated.  As of Sept. 30, 2012, the Company had
approximately 11 remaining employees, including all of its
executive officers, all of whom are either furloughed or working
on reduced salary.  As a result, since June 1, 2012, its internal
research and development efforts have been minimal, pending
receipt of adequate funding.

Marina Biotech reported a net loss of $6.47 million on $500,000 of
license and other revenue for the year ended Dec. 31, 2014,
compared to a net loss of $1.57 million on $2.11 million of license
and other revenue in 2013.

As of June 30, 2015, the Company had $7.5 million in total assets,
$10 million in total liabilities and a $2.5 million total
stockholders' deficit.

Wolf & Company, P.C., in Boston, Massachusetts, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing the Company has suffered
recurring losses from operations, has a significant accumulated
deficit and has been unable to raise sufficient capital to fund its
operations through the end of 2015.  This raises substantial doubt
about the Company's ability to continue as a going concern, the
auditors noted.


MAS CASA LLC: Voluntary Chapter 11 Case Summary
-----------------------------------------------
Debtor: Mas Casa, LLC
        32090 Rancho Vista Rd. #D
        Cathedral City, CA 92234

Case No.: 15-18554

Chapter 11 Petition Date: August 27, 2015

Court: United States Bankruptcy Court
       Central District of California (Riverside)

Judge: Hon. Wayne E. Johnson

Debtor's Counsel: Christopher Hewitt, Esq.
                  LAW OFFICES OF CHRISTOPHER HEWITT
                  72980 Fred Waring Dr Ste C
                  Palm Desert, CA 92260
                  Tel: 760-459-2438
                  Fax: 877-241-6366
                  Email: hewittesq@yahoo.com

Total Assets: $1.88 million

Total Liabilities: $993,184

The petition was signed by Maria L.Castillo, president.

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


MGM RESORTS: Signs Employment Agreement with EVP and CFO
--------------------------------------------------------
MGM Resorts International and Daniel J. D'Arrigo, the Company's
executive vice president, chief financial officer and treasurer,
entered into an employment agreement on Aug. 24, 2015, according to
a document filed with the Securities and Exchange Commission.  The
Employment Agreement provides for a term of employment commencing
on May 4, 2015, and ending on May 3, 2019.

The Employment Agreement provides a minimum annual base salary of
$875,000.  Per the Employment Agreement, Mr. D'Arrigo's annual
target bonus, as determined under the Company's management
incentive program, will be up to 150% of his base salary.  The
Employment Agreement also provides Mr. D'Arrigo with certain other
benefits and perquisites.

In the event of a termination of Mr. D'Arrigo's employment as the
result of his death or a termination by the Company due to
disability, the Company will pay Mr. D'Arrigo six months' salary
payable at regular payroll intervals (less any payments received
from an employer-paid short term disability policy).

The Employment Agreement also contains a non-compete covenant
generally prohibiting Mr. D'Arrigo from providing services to a
competitor or soliciting employees or business contacts for 12
months following his termination of employment or for 12 months
following the term of the Employment Agreement.  In addition, the
Employment Agreement mandates that Mr. D'Arrigo's confidentiality
obligations continue even after his termination of employment.

                        About MGM Resorts

MGM Resorts International (NYSE: MGM) a global hospitality
company, operating a portfolio of destination resort brands
including Bellagio, MGM Grand, Mandalay Bay and The Mirage.  The
Company also owns 51% of MGM China Holdings Limited, which owns
the MGM Macau resort and casino and is in the process of
developing a gaming resort in Cotai, and 50% of CityCenter in Las
Vegas, which features ARIA resort and casino.  For more
information about MGM Resorts International, visit the Company's
Web site at www.mgmresorts.com.

MGM Resorts reported a net loss attributable to the Company of
$156.60 million in 2013 following a net loss attributable to the
Company of $1.76 billion in 2012.

As of June 30, 2015, the Company had $27.1 billion in total assets,
$17.9 billion in total liabilities, $5 million in redeemable
noncontrolling interest and $9.1 billion in total stockholders'
equity.

                         Bankruptcy Warning

The Company stated in its 2013 Annual Report, "The agreements
governing our senior secured credit facility and other senior
indebtedness contain restrictions and limitations that could
significantly affect our ability to operate our business, as well
as significantly affect our liquidity, and therefore could
adversely affect our results of operations.  Covenants governing
our senior secured credit facility and certain of our debt
securities restrict, among other things, our ability to:

   * pay dividends or distributions, repurchase or issue equity,
     prepay certain debt or make certain investments;

   * incur additional debt;

   * incur liens on assets;

   * sell assets or consolidate with another company or sell all
     or substantially all assets;

   * enter into transactions with affiliates;

   * allow certain subsidiaries to transfer assets; and

   * enter into sale and lease-back transactions.

Our ability to comply with these provisions may be affected by
events beyond our control.  The breach of any such covenants or
obligations not otherwise waived or cured could result in a
default under the applicable debt obligations and could trigger
acceleration of those obligations, which in turn could trigger
cross defaults under other agreements governing our long-term
indebtedness.  Any default under our senior secured credit
facility or the indentures governing our other debt could
adversely affect our growth, our financial condition, our results
of operations and our ability to make payments on our debt, and
could force us to seek protection under the bankruptcy laws."

                           *     *     *

As reported by the TCR on Nov. 14, 2011, Standard & Poor's Ratings
Services raised its corporate credit rating on MGM Resorts
International to 'B-' from 'CCC+'.   In March 2012, S&P revised
the outlook to positive from stable.

"The revision of our rating outlook to positive reflects strong
performance in 2011 and our expectation that MGM will continue to
benefit from the improving performance trends on the Las Vegas
Strip," S&P said.

In March 2012, Moody's Investors Service affirmed its B2 corporate
family rating and probability of default rating.  The affirmation
of MGM's B2 Corporate Family Rating reflects Moody's view that
positive lodging trends in Las Vegas will continue through 2012
which will help improve MGM's leverage and coverage metrics,
albeit modestly. Additionally, the company's declaration of a $400
million dividend ($204 million to MGM) from its 51% owned Macau
joint venture due to be paid shortly will also improve the
company's liquidity profile. The ratings also consider MGM's
recent bank amendment that resulted in about 50% of its
$3.5 billion senior credit facility being extended one year from
2014 to 2015.

As reported by the TCR on Sept. 29, 2014, Fitch Ratings has
upgraded MGM Resorts International's (MGM) and MGM China Holdings
Ltd's (MGM China) IDRs to 'B+' from 'B' and 'BB' from 'BB-',
respectively.  Fitch's upgrade of MGM's IDR to 'B+' and the
Positive Outlook reflect the company's strong performance on the
Las Vegas Strip and in Macau as well as Fitch's longer-term
positive outlooks for these markets.


MICHAEL BROWN: "Apostolopoulos" Partial Summary Judgment Reversed
-----------------------------------------------------------------
Judge Nancy F. Atlas of the United States District Court for the
Southern District of Texas, Houston Division, in the case captioned
GEORGIOS APOSTOLOPOULOS, Appellant, v. RONALD J. SOMMERS, Chapter 7
Trustee, Appellee, CIVIL ACTION NO. 15-0668, (S.D. Tex.), reversed
the bankruptcy court's partial judgment, concluding that the
bankruptcy court failed to apply Rule 56 standards for granting
summary judgment as a matter of law.

On March 25, 2014, Ronald J. Sommers, Chapter 7 Trustee for the
estate of Michael Brown, initiated an adversary proceeding against
Irina Bogatcheva, Vadim Khachaturyan, and Georgios Apostolopoulos
pursuant to 11 U.S.C Section 362(k)(1).  The Trustee sought to
recover money damages for their alleged conduct that gave rise to
the bankruptcy court's contempt orders in the main bankruptcy case.
Bogatcheva, Khachaturyan, and Apostolopoulos have been held in
contempt for violating the bankruptcy court's Order Compelling
Turnover of Estate Assets and the Means to Access the Same.

The next day, the Trustee sought partial summary judgment against
Bogatcheva, Khachaturyan, and Apostolopoulos in the amount of
$750K, pursuant to Rule 56 of the Federal Rules of Civil Procedure,
applicable to adversary proceedings pursuant to Bankruptcy Rule
7056.  Apostolopouos filed a Response to which he attached portions
of Bogatcheva's testimony from her Bankruptcy Rule 2004 examination
and his own sworn testimony from his April 23, 2014 show cause
hearing.

The bankruptcy court entered Partial Judgment on February 26, 2015
after a hearing on the motion.  Apostolopoulos timely filed his
appeal.

Judge Atlas found that the bankruptcy court failed to apply Rule 56
standards for granting summary judgment as a matter of law.  The
judge explained that the proper test for a motion for summary
judgment is whether the movant has demonstrated an absence of a
genuine issue of material fact.  However, Judge Atlas found that
although the bankruptcy court recognized that there was conflicting
evidence, it made credibility determinations and resolved genuine
issues of material fact in favor of the movant.

Judge Atlas also held that neither res judicata nor collateral
estoppel apply in this case and do not provide an independent basis
for affirming the bankruptcy court.

The adversary case is GEORGIOS APOSTOLOPOULOS, Appellant, v. RONALD
J. SOMMERS, Chapter 7 Trustee, Appellee, BANKRUPTCY ADVERSARY NO.
14-3088 (Bankr. S.D. Tex.).

A full-text copy of Judge Atlas' August 7, 2015 memorandum and
order is available at http://is.gd/6AgBYdfrom Leagle.com.

Castlemane, Inc. is represented by:

          Richard A. Kincheloe, Esq.
          NATHAN SOMMERS JACOBS PC
          2800 Post Oak Boulevard 61st Floor
          Houston, TX 77056
          Tel: (713) 960-0303
          Fax: (713) 892-4800
          Email: rkincheloe@nathansommers.com

Georgios Apostolopoulous is represented by:

          Wendell A. Odom, Jr., Esq.
          440 Louisiana Street, Suite 200
          Houston, TX 77002
          Tel: (713) 223-5575
          Fax: (713) 224-2815

Ronald J. Sommers is represented by:

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


MICHAEL BROWN: "Bogatcheva" Partial Summary Judgment Reversed
-------------------------------------------------------------
Judge Nancy F. Atlas of the United States District Court for the
Southern District of Texas, Houston Division reversed the
bankruptcy court's partial judgment in the case captioned The case
is IRINA BOGATCHEVA, Appellant, v. RONALD J. SOMMERS, Chapter 7
Trustee, Appellee, CIVIL ACTION NO. 15-0666, (S.D. Tex.),
concluding that the bankruptcy court failed to apply Rule 56
standards for granting summary judgment as a matter of law.

On March 25, 2014, Ronald J. Sommers, Chapter 7 Trustee for the
estate of Michael Brown, initiated an adversary proceeding against
Irina Bogatcheva, Vadim Khachaturyan, and Georgios Apostolopoulos
pursuant to 11 U.S.C Section 362(k)(1).  The Trustee sought to
recover money damages for their alleged conduct that gave rise to
the bankruptcy court's contempt orders in the main bankruptcy case.
Bogatcheva, Khachaturyan, and Apostolopoulos have been held in
contempt for violating the bankruptcy court's Order Compelling
Turnover of Estate Assets and the Means to Access the Same.

Bogatcheva was one of the individuals whom the Trustee believed had
either possession of or knowledge regarding Brown's missing
assets.

The next day, the Trustee sought partial summary judgment against
Bogatcheva, Khachaturyan, and Apostolopoulos in the amount of
$750K, pursuant to Rule 56 of the Federal Rules of Civil Procedure,
applicable to adversary proceedings pursuant to Bankruptcy Rule
7056.

The bankruptcy court entered Partial Judgment on February 26, 2015
after a hearing on the motion.  Bogatcheva timely filed her
appeal.

Judge Atlas found that the bankruptcy court failed to apply Rule 56
standards for granting summary judgment as a matter of law.  The
judge explained that the proper test for a motion for summary
judgment is whether the movant has demonstrated an absence of a
genuine issue of material fact.  However, Judge Atlas found that
although the bankruptcy court recognized that there was conflicting
evidence, it made credibility determinations and resolved genuine
issues of material fact in favor of the movant.

Judge Atlas also held that neither res judicata nor collateral
estoppel apply in this case and do not provide an independent basis
for affirming the bankruptcy court.

The adversary case is IRINA BOGATCHEVA, Appellant, v. RONALD J.
SOMMERS, Chapter 7 Trustee, Appellee, BANKRUPTCY ADVERSARY NO.
14-3088 (Bankr. S.D. Tex.).

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

Castlemane, Inc. is represented by:

          Richard A. Kincheloe, Esq.
          NATHAN SOMMERS JACOBS PC
          2800 Post Oak Boulevard 61st Floor
          Houston, TX 77056
          Tel: (713) 960-0303
          Fax: (713) 892-4800
          Email: rkincheloe@nathansommers.com

Urina Bogatcheva is represented by:

          James Lloyd Mount, Esq.
          MOUNT LAW FIRM
          712 Main St Ste 2450
          Houston, TX 77002
          Tel: (713) 600-7777

Ronald J. Sommers is represented by:

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


MICHAEL BROWN: "Khachaturyan" Partial Summary Judgment Reversed
---------------------------------------------------------------
Judge Nancy F. Atlas of the United States District Court for the
Southern District of Texas, Houston Division, reversed the
bankruptcy court's partial judgment in the case captioned The case
is VADIM KHACHATURYAN, Appellant, v. RONALD J. SOMMERS, Chapter 7
Trustee, Appellee, CIVIL ACTION NO. 15-0667, (S.D. Tex.),
concluding that the bankruptcy court failed to apply Rule 56
standards for granting summary judgment as a matter of law.

On March 25, 2014, Ronald J. Sommers, Chapter 7 Trustee for the
estate of Michael Brown, initiated an adversary proceeding against
Irina Bogatcheva, Vadim Khachaturyan, and Georgios Apostolopoulos
pursuant to 11 U.S.C Section 362(k)(1).  The Trustee sought to
recover money damages for their alleged conduct that gave rise to
the bankruptcy court's contempt orders in the main bankruptcy case.
Bogatcheva, Khachaturyan, and Apostolopoulos have been held in
contempt for violating the bankruptcy court's Order Compelling
Turnover of Estate Assets and the Means to Access the Same.

The next day, the Trustee sought partial summary judgment against
Bogatcheva, Khachaturyan, and Apostolopoulos in the amount of
$750K, pursuant to Rule 56 of the Federal Rules of Civil Procedure,
applicable to adversary proceedings pursuant to Bankruptcy Rule
7056.

The bankruptcy court entered Partial Judgment on February 26, 2015
after a hearing on the motion.  Khachaturyan timely filed his
appeal.

Judge Atlas found that the bankruptcy court failed to apply Rule 56
standards for granting summary judgment as a matter of law.  The
judge explained that the proper test for a motion for summary
judgment is whether the movant has demonstrated an absence of a
genuine issue of material fact.  However, Judge Atlas found that
although the bankruptcy court recognized that there was conflicting
evidence, it made credibility determinations and resolved genuine
issues of material fact in favor of the movant.

Judge Atlas also held that neither res judicata nor collateral
estoppel apply in this case and do not provide an independent basis
for affirming the bankruptcy court.

The bankruptcy case is VADIM KHACHATURYAN, Appellant, v. RONALD J.
SOMMERS, Chapter 7 Trustee, Appellee, BANKRUPTCY ADVERSARY NO.
14-3088 (Bankr. S.D. Tex.).

A full-text copy of Judge Atlas' August 7, 2015 memorandum and
order is available at http://is.gd/X0FJKsfrom Leagle.com.

Castlemane, Inc. is represented by:

          Richard A. Kincheloe, Esq.
          NATHAN SOMMERS JACOBS PC
          2800 Post Oak Boulevard 61st Floor
          Houston, TX 77056
          Tel: (713) 960-0303
          Fax: (713) 892-4800
          Email: rkincheloe@nathansommers.com

Vadim Khachaturyan is represented by:

          Marc J. Magids, Esq.
          Pascal Paul Piazza, Esq.
          ZUKOWSKI BRESENHAN SINEX & PETRY LLP
          1177 West Loop South Suite 1100
          Houston, TX 77027
          Tel: (713) 965-7597
          Fax: (713) 963-9169

Ronald J. Sommers is represented by:

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


NATURALSHRIMP INC: Turner Stone Expresses Going Concern Doubt
-------------------------------------------------------------
NaturalShrimp Incorporated filed with the U.S. Securities and
Exchange Commission its annual report on Form 10-K for the fiscal
year ended March 31, 2015.

Turner Stone & Company L.L.P., expressed substantial doubt about
the Company's ability to continue as a going concern, citing that
the Company had an accumulated deficit at March 31, 2015, a net
loss and net cash used in operating activities for the years then
ended.

The Company reported a net loss of $1.63 million on $924 of sales
for the fiscal year ended March 31, 2015, compared with a net loss
of $2.39 million on $12,862 of sales in 2014.

The Company's balance sheet at March 31, 2015, showed $1.61 million
in total assets, $4.24 million in total liabilities, and a total
stockholders' deficit of $2.63 million.

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

                       http://is.gd/ftJkQr

NaturalShrimp Incorporated, a shrimp farming company, engages in
the development of a technology for the production of shrimps in an
indoor, re-circulating, and saltwater facility in the United States
and internationally.  The company offers self-contained shrimp
aquiculture system that allows for the production of Pacific White
shrimp in an ecologically controlled independent production system
without the use of antibiotics or toxic chemicals.  It also
develops various proprietary technology assets, including a
knowledge base that allows the production of commercial quantities
of shrimp in a closed system with a computer monitoring system,
which automates, monitors, and maintains levels of oxygen,
salinity, and temperature for shrimp production.  In addition, the
company provides Vibrio Suppression Technology, a solution against
infectious agents that helps to exclude and suppress harmful
organisms, which destroy BioFloc and other enclosed technologies.
Further, it offers automated monitoring and control system that
uses individual tank monitors to automatically control the feeding,
oxygenation, and temperature of facility tanks independently.
NaturalShrimp Incorporated was founded in 2001 and is based in
Waco, Texas.



NAVISTAR INTERNATIONAL: To Hold Q3 Conference Call on Sept. 2
-------------------------------------------------------------
Navistar International Corporation will present via live web cast
its fiscal 2015 third quarter financial results on Wednesday,
September 2nd.  A live web cast is scheduled at approximately 9:00
a.m. Eastern.  Speakers on the web cast will include Troy Clarke,
president and chief executive officer and Walter Borst, executive
vice president and chief financial officer, and other company
leaders.

The web cast can be accessed through a link on the investor
relations page of Company's web site at
http://www.navistar.com/navistar/investors/webcasts

Investors are advised to log on to the Web site at least 15 minutes
prior to the start of the web cast to allow sufficient time for
downloading any necessary software.  The web cast will be available
for replay at the same address approximately three hours following
its conclusion, and will remain available for a period of at least
12 months.

                    About Navistar International

Navistar International Corporation (NYSE: NAV) --
http://www.navistar.com/-- is a holding company whose     
subsidiaries and affiliates subsidiaries produce International(R)
brand commercial and military trucks, MaxxForce(R) brand diesel
engines, IC Bus(TM) brand school and commercial buses, Monaco RV
brands of recreational vehicles, and Workhorse(R) brand chassis
for motor homes and step vans.  It also is a private-label
designer and manufacturer of diesel engines for the pickup truck,
van and SUV markets.  The Company also provides truck and diesel
engine parts and service.  Another affiliate offers financing
services.

Navistar International reported a net loss attributable to the
Company of $619 million for the year ended Oct. 31, 2014, compared
to a net loss attributable to the Company of $898 million for the
year ended Oct. 31, 2013.

                          *     *     *

In the Oct. 9, 2013, edition of the TCR, Moody's Investors Service
affirmed the ratings of Navistar International Corp., including the
'B3' corporate family rating.  The ratings reflect Moody's
expectation that Navistar's successful incorporation of Cummins
engines throughout its product line up will enable the company to
regain lost market share, and that progress in addressing component
failures in 2010 vintage-engines will significantly reduce warranty
expenses.

As reported by the TCR on Oct. 9, 2013, Standard & Poor's Ratings
Services lowered its long-term corporate credit rating on Navistar
International to 'CCC+' from 'B-'.  "The rating downgrades reflect
our increased skepticism regarding NAV's prospects for achieving
the market shares it needs for a successful business turnaround,"
said credit analyst Sol Samson.

In January 2013, Fitch Ratings affirmed the issuer default ratings
for Navistar International at 'CCC' and removed the negative
outlook on the ratings.  The removal reflects Fitch's view that
immediate concerns about liquidity have lessened, although
liquidity remains an important rating consideration as NAV
implements its selective catalytic reduction engine strategy.


NEW TOWNE CENTER: Filmmaker Buys McLemore Avenue Center for $1.9M
-----------------------------------------------------------------
Bill Dries at Memphis Daily News reports that filmmaker Tom Shadyac
won the auction of the New Towne Center at 915 McLemore Avenue in
Memphis with a $1.9 million bid.  The report adds that New Towne
Center, Inc., was the rival bidder to Mr. Shadyac's nonprofit
"Foundation for I Am" at an auction held on Thursday.

Memphis, Tennessee-based New Towne Center, Inc., a TN Non Profit
Corp., filed for Chapter 11 bankruptcy protection (Bankr. W.D.
Tenn. Case No. 15-20250) on Jan. 8, 2015, estimating its assets and
liabilities at between $1 million and $10 million each.  The
petition was signed by Jeffrey T. Higgs, president.

Judge George W. Emerson Jr. presides over the case.

Toni Campbell Parker, Esq., at the Law Office of Toni Campbell
Parker, serves as the Company's bankruptcy counsel.


NIRVANA SPRING: Delays Job Cuts; To Be Auctioned on Oct. 14
-----------------------------------------------------------
Nick Kapteyn at CNY Business Journal reports that Nirvana Spring
Water Inc. will delay the start of cutting 70 jobs until the second
half of November, instead of early September.  According to the
report,the Company employed more than 100 people as of August
2013.

Business Journal recalls that the Company said in June 2015 that it
will shut down its bottling plant in northeast Oneida County, New
York.  Dow Jones relates that the Company is being put up for
auction on Oct. 14, 2015, for interested parties to buy it out of
bankruptcy.

Family-operated business Nirvana Spring Water Inc. filed for
Chapter 11 bankruptcy in June 2015.


NW VALLEY: Court Approves Lucarelli & Lucarelli as Tax Accountant
-----------------------------------------------------------------
NW Valley Holdings, LLC sought and obtained permission from the
U.S. Bankruptcy Court for the District of Nevada to employ
Lucarelli & Lucarelli, PC as tax accountant, nunc pro tunc to July
9, 2015.

The Debtor requires Lucarelli & Lucarelli to prepare on their
behalf all necessary or appropriate tax returns for tax years 2014
and 2015.

Lucarelli & Lucarelli's professionals bill an hourly rate of $290
per hour, plus any out-of-pocket expenses. The minimum fee for this
engagement is $2,500.

Lawrence Lucarelli, principal of Lucarelli & Lucarelli, 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.

Lucarelli & Lucarelli can be reached at:

       Lawrence Lucarelli
       LUCARELLI & LUCARELLI, PC
       93 Rumford Road
       Kings Park, NY 11754
       Tel: (631) 361-6339

                      About NW Valley Holdings

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

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

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

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

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

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

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


ORLANDO GATEWAY: Court Denies U.S. Trustee's Bid to Dismiss Case
----------------------------------------------------------------
The Hon. Karen S. Jenneman of the Bankruptcy Court for the Middle
District of Florida denied, without prejudice, the motion of the
U.S. Trustee to dismiss the Chapter 11 case of Orlando Gateway
Partners, LLC, with two year injunction, or to convert case to
Chapter 7 of the Bankruptcy Code.

As reported in the Troubled Company Reporter on June 26, 2015,
Timothy S. Laffredi, Esq., on behalf of Guy G. Gebhardt, Acting
U.S. Trustee for Region 21, told the Court that the Debtor has
failed to comply with an order of the Bankruptcy Court as it had
failed to cooperate with the U.S. Trustee by providing requested
documents and responding to inquiries.  Mr. Laffredi further told
the Court that the Debtor has failed to file required documents in
a timely manner and provide information routinely and reasonably
requested by the U.S. Trustee.

                    About Orlando Gateway

Nilhan Hospitality, LLC, and Orlando Gateway Partners, LLC
commenced Chapter 11 bankruptcy cases (Bankr. M.D. Fla. Case
No.15-03447 and 15-03448, respectively) in Orlando, Florida on
April 20, 2015. Chittranjan Thakkar, the manager, signed the
petitions.

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

Nilhan estimated $1 million to $10 million in assets and $10
million to $50 million in debt while Orlando Gateway estimated
at least $10 million in assets and debt.

The Debtors are represented by Kenneth D Herron, Jr., Esq.,
at Wolff, Hill, McFarlin & Herron, P.A.



ORLANDO GATEWAY: Exclusive Periods Terminated as of July 31
-----------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Florida
terminated as of July 31, 2015, Orlando Gateway Partners, LLC's
exclusive period to file a Chapter 11 Plan.

The Debtor and creditors, Good Gateway, LLC and SEG Gateway, LLC,
notified the Court of a resolution of several contested matters
including an agreement providing for the termination of the
exclusivity period for the filing of a plan.  The Court deemed the
agreement a joint ore tenus motion to terminate exclusivity.

                    About Orlando Gateway

Nilhan Hospitality, LLC, and Orlando Gateway Partners, LLC
commenced Chapter 11 bankruptcy cases (Bankr. M.D. Fla. Case
No.15-03447 and 15-03448, respectively) in Orlando, Florida on
April 20, 2015. Chittranjan Thakkar, the manager, signed the
petitions.

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

Nilhan estimated $1 million to $10 million in assets and $10
million to $50 million in debt while Orlando Gateway estimated
at least $10 million in assets and debt.

The Debtors are represented by Kenneth D Herron, Jr., Esq.,
at Wolff, Hill, McFarlin & Herron, P.A.



ORLANDO GATEWAY: Use of Cash Collateral Set to Expire Aug. 31
-------------------------------------------------------------
The Hon. Karen S. Jenneman of the Bankruptcy Court for the Middle
District of Florida entered an interim order authorizing Orlando
Gateway Partners, LLC to use cash collateral until Aug. 31, 2015,
to pay: (a) amounts expressly authorized by the Court, including
payments to the U.S. Trustee for quarterly fees; (b) the current
and necessary expenses, plus an amount not to exceed 10 percent for
each line item; and (c) the amounts as may be expressly approved in
writing by SummitBridge National Investments IV LLC.

The Court was slated to convene a conduct a non-evidentiary status
conference on Aug. 26, 2015 to consider Orlando Gateway's further
use of cash collateral.

As adequate protection from any diminution in value of the lender's
collateral, the will grant the lender a replacement lien.  The
Debtor will also maintain insurance coverage for its property in
accordance with the obligations under the loan and security
documents with the secured creditors.

Additionally, the Debtor will pay to SummitBridge, as adequate
protection payments, (a) the amount of $51,265 and (b) on the 10th
day of each month commencing on Aug. 10, 2015, the amount of
$7,000.

                      About Orlando Gateway

Nilhan Hospitality, LLC, and Orlando Gateway Partners, LLC
commenced Chapter 11 bankruptcy cases (Bankr. M.D. Fla. Case
No.15-03447 and 15-03448, respectively) in Orlando, Florida on
April 20, 2015. Chittranjan Thakkar, the manager, signed the
petitions.

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

Nilhan estimated $1 million to $10 million in assets and $10
million to $50 million in debt while Orlando Gateway estimated
at least $10 million in assets and debt.

The Debtors are represented by Kenneth D Herron, Jr., Esq.,
at Wolff, Hill, McFarlin & Herron, P.A.



PACIFIC RECYCLING: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------------
Debtor: Pacific Recycling, Inc.
        PO Box 2633
        Eugene, OR 97402

Case No.: 15-62925

Chapter 11 Petition Date: August 27, 2015

Court: United States Bankruptcy Court
       District of Oregon

Judge: Hon. Frank R Alley III

Debtor's Counsel: Laura J. Walker, Esq.
                  Donald J. Koehler II, Esq.
                  CABLE HUSTON LLP
                  1001 SW 5 th Avenue, Suite 2000
                  Portland, OR 97204-1136
                  Tel: (503) 224-3092
                  Fax: (503) 224-3176
                  Email: lwalker@cablehuston.com
                         dkoehler@cablehuston.com

Estimated Assets: $10 million to $50 million

Estimated Debts: $10 million to $50 million

The petition was signed by Rodney Schultz, president.

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
All Pro Machine & Mfg.               Trade Debt          $24,582

AmeriMex Motor & Controls, Inc.      Trade Debt          $29,730

Bank of America Credit Card         Credit Card         $110,175

Columbia State Bank Credit Card     Credit Card          $46,849

DEQ                                   Penalty            $83,597

Deus Machine                       Computer Tech         $22,347

Dorman Construction, Inc.            Trade Debt         $212,329

Farwest Steel Corporation            Trade Debt          $77,461

John Graham                             Loan            $157,969

HMS Trading (LL Trading)                Loan          $1,094,000
11 Leona Drive
San Rafael, CA 94903

Ideal Steel                         Trade Debt           $79,905

Larkins Vacura LLP                Legal Services         $18,649

Murphy Company                      Trade Debt           $22,291

Melva Murphy                           Loan              $50,000

Sam Jacobs Group LLC                   Loan           $2,165,000
Attn: Sam Jacobs
1220 S 194th Street

Omaha, NE 68130

Spectrum CPA Group, LLP            CPA Services          $45,383

Tyree Oil                           Trade Debt          $120,099

Umpqua Bank Credit Card             Credit Card          $62,049

Union Pacific Railroad Company       Shipping            $84,909
  
Willimina Lumber                    Trade Debt           $37,951


PACIFIC RECYCLING: Wants to Employ Cable Huston as Attorneys
------------------------------------------------------------
Pacific Recycling, Inc. seeks authority from the Bankruptcy Court
to employ Cable Huston LLP as its counsel.

Cable Huston will:

   (a) advise the Debtor of its rights, powers and duties as
       debtor and debtor-in-possession under Chapter 11 of the
       Bankruptcy Code;

   (b) take all actions necessary to protect and preserve the
       Debtor's bankruptcy estate, including the prosecution of
       actions on the Debtor's behalf, the defense of any action
       commenced against the Debtor, negotiations concerning all
       litigation in which Debtor is involved, objections to
       claims filed against the Debtor in the bankruptcy case, and

       the compromise or settlement of claims;

   (c) advise the Debtor concerning, and prepare on behalf of
       Debtor, all necessary applications, motions, memoranda,
       responses, complaints, answers, orders, notices, reports
       and other papers, and review all financial and other
       reports required from Debtor as debtors-in-
       possession in connection with administration of the Chapter

       11 case;

   (d) review the nature and validity of any liens asserted
       against the Debtor's property and advise the Debtor
       concerning the enforceability of those liens;

   (e) advise the Debtor regarding its ability to initiate actions
       to collect and recover property, including outstanding
       accounts receivables, for the benefit of the bankruptcy
       estate; and

   (f) provide other legal advice or services as may be
       required in connection with the Chapter 11 case.

The Debtor has agreed to compensate Cable Huston on an
hourly basis in accordance with the firm's ordinary and customary
hourly rates in effect on the date services are rendered.  The
Cable Huston professionals who will be primarily responsible for
providing these services, their status and their current billing
rates are:

    Attorney                      Status          Hourly Rate
    --------                     --------         -----------
    Laura J. Walker               Partner             $350

    Chad Stokes                   Partner             $340
    Donald J. Koehler II         Of Counsel           $325
    Nicole M. Swift              Associate            $275
    Jonathan J. Cavanagh         Associate            $275
    Nicole Watson Abercrombie    Associate            $225
    Tina Dent                    Paralegal            $135
    Joel Thompson                Paralegal            $135

The Debtor has asked Cable Huston to advise it on the particulars
of Chapter 11 reorganizations and to render general legal services
to Debtor as needed throughout the course of the Chapter 11 case,
including bankruptcy, real estate, corporate, finance and
litigation assistance and advice.

Cable Huston received a wire transfer in the amount of $11,500 on
Aug. 19, 2015.  The source of these funds was the Debtor's funds
from proceeds of the sale of an unencumbered trailer.

Cable Huston received an additional retainer by wire transfer in
the amount of $45,000 on Aug. 27, 2015, from funds provided by a
relative of the Debtor's owner.

On Aug. 20, 2015, funds were transferred from the client trust
account to pay an invoice dated Aug. 4, 2015, in the amount of
$1,435 for prepetition legal services.

On Aug. 27, 2015, $9,035 was transferred from the client trust
account to pay for prepetition legal work, including preparation of
bankruptcy schedules, and work on the Banner Bank lawsuit.

To the best of the Debtor's knowledge, Cable Huston attorneys do
not have any connection with it, its creditors, any other party in
interest, or their respective attorneys or accountants.

Pacific Recycling, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. D. Ore. Case No. 15-62925) on Aug. 27, 2015.  The petition
was signed by Rodney Schultz as president.  The Debtor estimated
assets and liabilities of $10 million to $50 million.  Hon. Frank R
Alley III is assigned to the case.


PARKVIEW ADVENTIST: Bid for Authority to Use Cash Collateral Denied
-------------------------------------------------------------------
Judge Peter G. Cary of the United States Bankruptcy Court for the
District of Maine denied Parkview Adventist Medical Center's motion
for authority to use cash collateral securing its prepetition
indebtedness.

In a meeting on April 16, 2008, Parkview's Board of Directors
adopted resolutions authorizing a loan from Central Maine
Healthcare Corporation and the granting of mortgages and security
instruments in Parkview's property to secure the loan.  CMHC loaned
Parkview $5.6M on April 25, 2008.  As part of its bankruptcy,
Parkview sought authority to use cash collateral securing its
prepetition indebtedness from CMHC.  CMHC objected.

Parkview argued that (1) CMHC does not have valid liens or security
interests in Parkview's assets because the approval thereof was not
obtained from Parkview's members; (2) CMHC has no enforceable
security interest in its accounts, including Medicare and Medicaid
accounts receivables which it deposits in its bank account; (3)
even if CMHC possessed valid security interest in the Medicare and
Medicaid receivables, they became unperfected by operation of 11
M.R.S.A. Section 9-1315(4); and (4) Even if CMHC's liens and
security interests are valid, CMHC is adequately protected.

Judge Cary disagreed with Parkview's arguments.  He held that: (1)
the failure of the members of Parkview to vote to authorize the
execution of the mortgage and security interests does not void the
security interests; (2) CMHC's security interests can attach to
Parview's bank accounts and a control agreement was not necessary
to perfect them; (3) CMHC's security interests in the Medicare and
Medicaid receivables did not became unperfected by operation of 11
M.R.S.A. Section 9-1315(4); and (4) Parkview has not met its burden
that CMHC is adequately protected.

The case is In re: PARKVIEW ADVENTIST MEDICAL CENTER, Chapter 11,
Debtor, CASE NO.: 15-20442 (Bankr. D. Me.).

A full-text copy of Judge Cary's August 6, 2015 order is available
at http://is.gd/BOFKFbfrom Leagle.com.  

                 About Parkview Adventist

Parkview Adventist Medical Center, a Maine non-profit corporation,
operates the Parkview Hospital, a faith-based acute care community
hospital located in Brunswick, Maine, affiliated with the Seventh
Day Adventist Church.  Its mission is to provide services
supporting the physical, emotional and spiritual wellness of its
patients.

Parkview sought Chapter 11 protection (Bankr. D. Maine Case No.
15-20442) in Portland, Maine, on June 16, 2015.  The case is
assigned to Judge Peter G Cary.

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

According to the docket, the appointment of a health care ombudsman
is due by July 16, 2015.  The deadline for filing claims is Oct. 7,
2015.  The Debtor's plan and disclosure statement are due Oct. 14,
2015.

The Debtor is represented by George J. Marcus, Esq., at Marcus,
Clegg & Mistretta, PA, in Portlane, Maine.


PATRIOT COAL: Admin. Claims Deadline for Select Claimants Extended
------------------------------------------------------------------
Patriot Coal Corporation, et al., entered into stipulations in
relation to extension of the administrative claims of:

   -- Cecil I. Walker Machinery Co., Ehayne Company and Boyd
Fabrication Company; and

   -- the U.S. Environmental Protection Agency, The U.S. Department
of the Interior, the U.S. Army Corps of Engineers, and the U.S.
Nuclear Reguatory Commission.

Pursuant to the stipulation and consent order, the July 27,
deadline will be extended:

   1. to July 31, in connection with the claims of Cecil I. Walker
Machinery Co., Ehayne Company and Boyd Fabrication Company; and

   2. Nov. 9, in connection to the claims held by the U.S.
Environmental Protection Agency, the U.S. Department of the
Interior, the U.S. Army Corps of Engineers, and the U.S. Nuclear
Regulatory Commission be coextensive with the bar date for proofs
of claim filed by governmental unit.

On June 4, 2015, the Court entered an order which set a deadline of
July 27, for the filing of certain administrative claims between
the Petition Date and July 6; and a deadline of Nov. 9 as the
governmental unit bar date.

On May 20, the Debtors requested that the Court (i) establish
deadlines for filing proofs of claim, including requests for
payment under Section 503(b)(9) of the Bankruptcy Code, (ii)
establish the bar date for the filing of requests for allowance of
claims under Section 503(b) or 507(a)(2) of the Bankruptcy Code
arising between May 12, 2015, and July 6; (iii) establish the
amended schedules bar date and the rejection damages bar date; and
(iv) approve the form of and manner for filing proofs of claim.

Proofs of claim must be submitted to the Debtors' notice and claims
agent, in this address:

         Patriot Coal Corporation
         Claims Processing Center
         c/o Prime Clerk LLC
         830 Third Avenue, 9th Floor
         New York, NY 10022

                        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 Corporation and its subsidiaries commenced new
Chapter 11 cases (Bankr. E.D. Va. Lead Case No. 15-32450) in
Richmond, Virginia, on May 12, 2015.  The cases are assigned to
Judge Keith L. Phillips.

Patriot Coal estimated more than $1 billion in assets and debt.

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
Corp. appointed seven creditors of the company to serve on the
official committee of unsecured creditors.  The Committee is
represented by Morrison & Foerster LLP as its counsel, and Tavenner
& beran, PLC, as its local counsel.  Jefferies LLC serves as its
investment banker.

The directed the U.S. Trustee to form an official committee of
retirees at the behest of Patriot Coal Non-Union Retiree VEBA.

                        *     *     *

The deadline to file bids for the Debtors' assets is Sept. 4, 2015,
at 5:00 p.m.  An auction will take place on Sept. 9, at 10:00 a.m.

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.



PATRIOT COAL: Asks Court to Extend Deadline to Remove Suits
-----------------------------------------------------------
Patriot Coal Corp. has filed a motion seeking additional time to
remove lawsuits involving the company and its affiliates.

In its motion, the company asked the U.S. Bankruptcy Court for the
Eastern District of Virginia to move the deadline for filing
notices of removal of the lawsuits to Feb. 8, 2016.

"Absent approval of an extension, the debtors are concerned that
they will not be afforded sufficient time to properly evaluate
whether removal of the civil actions is appropriate," said Patriot
Coal lawyer, Michael Condyles, Esq., at Kutak Rock LLP, in
Richmond, Virginia.

                        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 Corporation and its subsidiaries commenced new Chapter
11 cases (Bankr. E.D. Va. Lead Case No. 15-32450) in Richmond,
Virginia, on May 12, 2015.  The cases are assigned to Judge Keith
L. Phillips.

Patriot Coal estimated more than $1 billion in assets and debt.

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
Corp. appointed seven creditors of the company to serve on the
official committee of unsecured creditors.  The Committee is
represented by Morrison & Foerster LLP as its counsel, and Tavenner
& beran, PLC, as its local counsel.  Jefferies LLC serves as its
investment banker.

The directed the U.S. Trustee to form an official committee of
retirees at the behest of Patriot Coal Non-Union Retiree VEBA.

                        *     *     *

The deadline to file bids for the Debtors' assets is Sept. 4, 2015,
at 5:00 p.m.  An auction will take place on Sept. 9, at 10:00 a.m.

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.


PATRIOT COAL: Committee Gets Ruling Protecting Confidential Info
----------------------------------------------------------------
Patriot Coal Corp.'s official committee of unsecured creditors
received a court ruling that protects information regarding the
company deemed confidential.

The order, issued by U.S. Bankruptcy Judge Keith Phillips, provides
that the committee is not required to provide any unsecured
creditor access to confidential information regarding Patriot
Coal.

The bankruptcy judge's order also approved the procedures proposed
by the committee for sharing information to creditors.

                        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 Corporation and its subsidiaries commenced new Chapter
11 cases (Bankr. E.D. Va. Lead Case No. 15-32450) in Richmond,
Virginia, on May 12, 2015.  The cases are assigned to Judge Keith
L. Phillips.

Patriot Coal estimated more than $1 billion in assets and debt.

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
Corp. appointed seven creditors of the company to serve on the
official committee of unsecured creditors.  The Committee is
represented by Morrison & Foerster LLP as its counsel, and Tavenner
& beran, PLC, as its local counsel.  Jefferies LLC serves as its
investment banker.

The directed the U.S. Trustee to form an official committee of
retirees at the behest of Patriot Coal Non-Union Retiree VEBA.

                        *     *     *

The deadline to file bids for the Debtors' assets is Sept. 4, 2015,
at 5:00 p.m.  An auction will take place on Sept. 9, at 10:00 a.m.

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.


PATRIOT COAL: Court Approves Key Employee Incentive Plan
--------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Virginia
approved Patriot Coal Corporation, et al.'s key employee incentive
plan and non-insider retention plan.

The United Mine Workers of America -- the representative of the
interests of over 2,500 active and laid-off employees -- objected
to the Debtors' motion.  According to UMWA, the five most senior
and already highest paid members of the Debtors' management team
(the KEIP Participants), with board approval no less, sought the
Court's authorization to pay themselves up to $3.5 million, or an
average of $700,000 per person, in virtually guaranteed KEIP
bonuses based on certain criteria consisting of a disguised
self-dealing "insider" retention program.  The proposed KEIP sets
artificially low performance thresholds and virtually guarantees
payments to individuals likely to continue to hold their jobs
post-bankruptcy with the new owners -- all while UMWA Employees and
retirees face huge uncertainty and job, benefit, and pension
losses.  Indeed, the proposed sale to Blackhawk Mining LLC
contemplates the purchase of a substantial majority of the Debtors'
operating assets and not the assumption of any liabilities or
obligations in connection with the UMWA collective bargaining
agreements, UMWA Employee benefits or pension plans, or retiree
medical or other retiree benefit plans maintained or sponsored by
the Debtors.

UMWA noted that, among other things, the proposal failed to provide
for the shared sacrifice anticipated and usually fostered under the
Bankruptcy Code particularly given the (i) concessions already made
by UMWA Employees and retirees less than two years ago in the
Debtors' prior chapter 11 bankruptcy case; and (ii) threatened
further losses of wages, collective bargaining agreement rights,
employee and retiree benefits (including promised retiree VEBA
payments), and pension obligations in unimaginable amounts.

                   Terms of the Retention Plan

The retention plan has been tailored to incentivize the retention
plan participants to remain with the Debtors, and, like the KEIP,
to achieve a successful restructuring pursuant to a chapter 11
plan.  Specifically, 40% of the awards each Retention plan
participant would be eligible to receive under the retention plan
will not be payable until the effective date of the Debtors' plan.
15% of the awards each retention plan participant would be eligible
to receive under the retention plan will be payable at the end of
each calendar month for the months of July through October, and the
remaining 40% will be payable upon the effective
date of the Debtors' plan.  Importantly, payments owed to a
retention plan participant will be reduced by 25% in the aggregate
if a retention plan participant receives and accepts a job offer
with a purchaser of the Debtors' assets under terms that are
substantially similar to the retention plan participant's then
current employment with the Debtors respect to, among other things,
location, level of responsibility, and compensation.

Additionally, to be eligible to receive 40% of the retention plan
payment, retention plan participants must be employed on the
effective date of the Debtors' plan.  However, a retention plan
participant who is terminated without cause and not for
performance-related reasons will be eligible to receive the bonus
next scheduled to be paid subsequent to their termination.
The total aggregate payout under the retention plan to the
retention plan participants will not exceed $2.88 million.  The
retention plan participants have been divided into three tiers
according to each participant's impact on the business of the
Debtors.

A copy of the term of the KERP is available for free at

    http://bankrupt.com/misc/PATRIOTCOAL_454_keyemployee.pdf

The UMW is represented by:

         Sharon Levine, Esq.
         Philip J. Gross, Esq.
         LOWENSTEIN SANDLER LLP
         65 Livingston Avenue
         Roseland, NJ 07068
         Tel: (973) 597- 2500

         Troy Savenko, Esq.
         KAPLAN VOEKLER CUNNINGHAM & FRANK, PLC
         1401 East Cary Street
         Richmond, VA 23219
         Tel: (804) 823-4000

                        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 Corporation and its subsidiaries commenced new
Chapter 11 cases (Bankr. E.D. Va. Lead Case No. 15-32450) in
Richmond, Virginia, on May 12, 2015.  The cases are assigned to
Judge Keith L. Phillips.

Patriot Coal estimated more than $1 billion in assets and debt.

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
Corp. appointed seven creditors of the company to serve on the
official committee of unsecured creditors.  The Committee is
represented by Morrison & Foerster LLP as its counsel, and Tavenner
& beran, PLC, as its local counsel.  Jefferies LLC serves as its
investment banker.

The directed the U.S. Trustee to form an official committee of
retirees at the behest of Patriot Coal Non-Union Retiree VEBA.

                        *     *     *

The deadline to file bids for the Debtors' assets is Sept. 4, 2015,
at 5:00 p.m.  An auction will take place on Sept. 9, at 10:00 a.m.

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.



PATRIOT COAL: EPA, 3 Others Get More Time to File Admin. Claims
---------------------------------------------------------------
U.S. Bankruptcy Judge Keith Phillips has extended the deadline for
four U.S. government agencies to file administrative claims against
Patriot Coal Corp.

The bankruptcy judge has given the U.S. Environmental Protection
Agency, the Department of Interior, the U.S. Army Corps of
Engineers, and the U.S. Nuclear Regulatory Commission until
November 9 to file their claims.

Judge Phillips earlier approved a July 27 deadline for filing
administrative claims arising between May 12 and July 6, 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 Corporation and its subsidiaries commenced new Chapter
11 cases (Bankr. E.D. Va. Lead Case No. 15-32450) in Richmond,
Virginia, on May 12, 2015.  The cases are assigned to Judge Keith
L. Phillips.

Patriot Coal estimated more than $1 billion in assets and debt.

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
Corp. appointed seven creditors of the company to serve on the
official committee of unsecured creditors.  The Committee is
represented by Morrison & Foerster LLP as its counsel, and Tavenner
& beran, PLC, as its local counsel.  Jefferies LLC serves as its
investment banker.

The directed the U.S. Trustee to form an official committee of
retirees at the behest of Patriot Coal Non-Union Retiree VEBA.

                        *     *     *

The deadline to file bids for the Debtors' assets is Sept. 4, 2015,
at 5:00 p.m.  An auction will take place on Sept. 9, at 10:00 a.m.

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.


PATRIOT COAL: Hearing on Bid to Reject CBA Continued Until Sept. 1
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Virginia
continued until Sept. 1, 2015, at 10:00 a.m., the hearing to
consider Patriot Coal Corporation, et al.'s motion for
authorization to (a) reject their collective bargaining agreements,
and (b) modify certain union-related retiree benefits.

The Official Committee of Unsecured Creditors filed a joinder to
the application of the United Mine Workers of America for
entry of an order extending the time for commencement of a
hearing.  

UMWA is the representative of the interests of more than (i) 2,500
active and aid off employees at the Debtors' mining complexes; and
(ii) 17,647 retirees and dependent.  UMWA is represented by
Lowenstein Sandler LLP, and Kaplan Voekler Cunningham & Frank,
PLC.

On July 16, the Debtors filed the motion stating that bidder
Blackhawk Mining LLC has insisted upon the Debtors' having either
reaching an agreement with the UMWA with regard to certain
concessions or rejecting certain of the Debtors' CBAs as a
condition to closing the sale of substantially all of their
operating assets.

Unfortunately, the UMWA and the Debtors were not able to reach
agreement on several key items, notably including the elimination
of the obligation to participate in the UMWA 1974 Pension Plan.

The Debtors noted that if they do not reject their CBAs and modify
their retiree benefits, satisfying their DIP covenants and the
conditions to closure of the Blackhawk transaction, the Debtors
will run out of cash and will be forced to liquidate in a matter of
weeks.

                        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 Corporation and its subsidiaries commenced new
Chapter
11 cases (Bankr. E.D. Va. Lead Case No. 15-32450) in Richmond,
Virginia, on May 12, 2015.  The cases are assigned to Judge Keith
L. Phillips.

Patriot Coal estimated more than $1 billion in assets and debt.

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
Corp. appointed seven creditors of the company to serve on the
official committee of unsecured creditors.  The Committee is
represented by Morrison & Foerster LLP as its counsel, and Tavenner
& beran, PLC, as its local counsel.
  Jefferies LLC serves as its investment banker.

The directed the U.S. Trustee to form an official committee of
retirees at the behest of Patriot Coal Non-Union Retiree VEBA.

                        *     *     *

The deadline to file bids for the Debtors' assets is Sept. 4, 2015,
at 5:00 p.m.  An auction will take place on Sept. 9, at 10:00 a.m.


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.



PLUG POWER: Axane S.A. No Longer Owns Common Stock
--------------------------------------------------
Axane S.A. sold 6,394,539 shares of common stock, consisting of
4,781,250 shares of Common Stock issued to it on July 31, 2015,
pursuant to a share purchase agreement plus the 1,613,289 "true up"
shares, at a price $1.67 per share, after commissions, in a block
sale through Citigroup Global Markets Inc. effected following the
registration with the Securities and Exchange Commission of those
shares for resale.

On Aug. 26, 2015, Plug Power Inc. issued 1,613,289 shares of
Common Stock to Axane as a "true up" adjustment pursuant to the
Share Purchase Agreement.

As a result of the sale, (i) Axane no longer holds any shares of
Common Stock of the Issuer, and (ii) Air Liquide Investissements
d'Avenir et de Demonstration and L'Air Liquide S.A. beneficially
own, in the aggregate, 3.02% of the Common Stock of the Issuer.

A copy of the regulatory filing is available for free at:

                       http://is.gd/YRKYCE

                        About Plug Power

Plug Power Inc. is a provider of alternative energy technology
focused on the design, development, commercialization and
manufacture of fuel cell systems for the industrial off-road
(forklift or material handling) market.

Plug Power reported a net loss attributable to common shareholders
of $88.6 million on $64.2 million of total revenue for the year
ended Dec. 31, 2014, compared to a net loss attributable to common
shareholders of $62.8 million on $26.6 million of total revenue for
the year ended Dec. 31, 2013.

As of June 30, 2015, Plug Power had $182.9 million in total assets,
$40.2 million in total liabilities, $1.1 million in redeemable
preferred stock and $141.5 million in total stockholders' equity.

                         Bankruptcy Warning

"Our cash requirements relate primarily to working capital needed
to operate and grow our business, including funding operating
expenses, growth in inventory to support both shipments of new
units and servicing the installed base, funding the growth in our
GenKey "turn-key" solution which also includes the installation of
our customer's hydrogen infrastructure as well as delivery of the
hydrogen molecule, and continued development and expansion of our
products.  Our ability to achieve profitability and meet future
liquidity needs and capital requirements will depend upon numerous
factors, including the timing and quantity of product orders and
shipments; attaining positive gross margins; the timing and amount
of our operating expenses; the timing and costs of working capital
needs; the timing and costs of building a sales base; the ability
of our customers to obtain financing to support commercial
transactions; our ability to obtain financing arrangements to
support the sale or leasing of our products and services to
customers; the timing and costs of developing marketing and
distribution channels; the timing and costs of product service
requirements; the timing and costs of hiring and training product
staff; the extent to which our products gain market acceptance; the
timing and costs of product development and introductions; the
extent of our ongoing and new research and development programs;
and changes in our strategy or our planned activities.  If we are
unable to fund our operations with positive cash flows and cannot
obtain external financing, we may not be able to sustain future
operations.  As a result, we may be required to delay, reduce
and/or cease our operations and/or seek bankruptcy protection," the
Company said in its quarterly report for the period ended
June 30, 2015.


PLUG POWER: Issues 1.6 Million Common Shares to Axane
-----------------------------------------------------
Plug Power, Inc., issued 1,613,289 shares of common stock to Axane
S.A. in fulfillment of its obligation under a share purchase
agreement.

The Company previously consummated the transactions contemplated by
the Share Purchase Agreement, dated as of July 24, 2015, with its
wholly-owned subsidiary, Hypulsion U.S. Holding, Inc., and Axane,
S.A., a subsidiary of Air Liquide S.A, issuing 4,781,250 shares of
its common stock, par value $0.01 per share, to Axane.  Pursuant to
the Share Purchase Agreement, the Company also agreed to issue up
to 3,105,348 additional shares of Common Stock at a later date.

                         About Plug Power

Plug Power Inc. is a provider of alternative energy technology
focused on the design, development, commercialization and
manufacture of fuel cell systems for the industrial off-road
(forklift or material handling) market.

Plug Power reported a net loss attributable to common shareholders
of $88.6 million on $64.2 million of total revenue for the year
ended Dec. 31, 2014, compared to a net loss attributable to common
shareholders of $62.8 million on $26.6 million of total revenue for
the year ended Dec. 31, 2013.

As of June 30, 2015, Plug Power had $182.9 million in total assets,
$40.2 million in total liabilities, $1.1 million in redeemable
preferred stock and $141.5 million in total stockholders' equity.

                         Bankruptcy Warning

"Our cash requirements relate primarily to working capital needed
to operate and grow our business, including funding operating
expenses, growth in inventory to support both shipments of new
units and servicing the installed base, funding the growth in our
GenKey "turn-key" solution which also includes the installation of
our customer's hydrogen infrastructure as well as delivery of the
hydrogen molecule, and continued development and expansion of our
products.  Our ability to achieve profitability and meet future
liquidity needs and capital requirements will depend upon numerous
factors, including the timing and quantity of product orders and
shipments; attaining positive gross margins; the timing and amount
of our operating expenses; the timing and costs of working capital
needs; the timing and costs of building a sales base; the ability
of our customers to obtain financing to support commercial
transactions; our ability to obtain financing arrangements to
support the sale or leasing of our products and services to
customers; the timing and costs of developing marketing and
distribution channels; the timing and costs of product service
requirements; the timing and costs of hiring and training product
staff; the extent to which our products gain market acceptance; the
timing and costs of product development and introductions; the
extent of our ongoing and new research and development programs;
and changes in our strategy or our planned activities.  If we are
unable to fund our operations with positive cash flows and cannot
obtain external financing, we may not be able to sustain future
operations.  As a result, we may be required to delay, reduce
and/or cease our operations and/or seek bankruptcy protection," the
Company said in its quarterly report for the period ended
June 30, 2015.


PRONERVE HOLDINGS: Plan Confirms Ch. 11 Liquidation Plan
--------------------------------------------------------
Judge Kevin J. Carey of the U.S. Bankruptcy Court for the District
of Delaware approved, on Aug. 24, the Second Amended Combined
Disclosure Statement and Chapter 11 Plan Of Liquidation of ProNerve
Holdings, LLC, and its debtor affiliates, after a majority of
holders of Class 3 - General Unsecured Claims, voted to accept the
Plan.

According to Andrew Buck, an assistant director with Garden City
Group LLC, 75% of the holders of Class 3 Claims voted to accept the
Plan, while 25% of the holders of Class 3 Claims voted to reject
the Plan.

George D. Pillari, Chief Restructuring Officer of ProNerve
Holdings, LLC, filed a declaration in support of confirmation of
the Plan and maintained that the Plan provides adequate means for
its implementation, including, without limitation: (a) the funding
of the Allowed Professional Claims up to the amounts set forth in
the DIP Financing Budget; (b) the funding of Allowed Administrative
Expense Claims; provided, however, that, pursuant to the Transition
Services Agreement, SpecialtyCare will reimburse the Debtors for
Allowed Administrative Expense Claims arising (i) after May 22,
2015 in connection with the Debtors' obligations under the
Transition Services Agreement, and (ii) prior to the Closing Date
pursuant to the Sale Order; (c) on and after the Effective Date,
the payment, to the extent possible, of Unpaid Professional Claims
from Remaining Assets other than the Unsecured Claims Distribution
Fund; (d) use of the Remaining Assets to satisfy the wind-down
costs of the Estates consistent with the DIP Financing Order; (e)
appointment of a Plan Administrator to receive the Remaining Assets
and make Distributions on account of Allowed Claims in accordance
with the Plan; (f) appointment of an Oversight Committee to
represent the interests of Holders of Allowed General Unsecured
Claims; and (g) use of the Unsecured Claims Distribution Fund to
make Distributions (i) first, to Holders of Allowed Priority Tax
Claims and Other Priority Claims, until paid in full, (ii) second,
to Holders of Allowed General Unsecured Claims in Class 3, until
paid in full, and (iii) third, to Holders of Allowed Subordinated
SpecialtyCare Deficiency Claims, all in accordance with the
priority scheme established by the Bankruptcy Code.

The Court overruled the objection raised by the Internal Revenue
Service, which objected to the Plan to the extent it states that
any claim for penalties, other than nonpecuniary loss penalties,
will be disallowed and the holder of that claim will not assess or
attempt to collect that penalty from the Administrator, the
Debtors, or the Debtors' estates.  The Plan Order provides that the
Plan and the Plan Order (i) does not affect the rights of the IRS
to assert setoff and recoupment and those rights are expressly
reserved; or (ii) does not cause the IRS penalties to be
automatically disallowed, and those penalties will be treated,
assessed and collected in accordance with applicable federal law.

The Debtors notified the Court that the Effective Date of the Plan
will occur on September 8, 2015.

The IRS is represented by Charles M. Oberly, III, United States
Attorney, and Ellen W. Slights, Esq., Assistant United States
Attorney, in Wilmington, Delaware.

                        About ProNerve Holdings

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

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

The cases are assigned to Judge Kevin J. Carey.


QUALITY DISTRIBUTION: Suspending Filing of Reports with SEC
-----------------------------------------------------------
Quality Distribution, Inc., has suspended its reporting obligations
under Section 15(d) of the Securities Exchange Act of 1934, as
amended, by filing a Form 15 with the Securities and Exchange
Commission on Aug. 28, 2015.

                    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.


RADIOSHACK CORP: Judge Extends Deadline to Remove Suits to Nov. 2
-----------------------------------------------------------------
U.S. Bankruptcy Judge Brendan Shannon has given RadioShack Corp.
until Nov. 2, 2015, to file notices of removal of lawsuits
involving the company and its affiliates.

                   About RadioShack Corporation

Headquartered in Fort Worth, Texas, RadioShack is a retailer of
mobile technology products and services, as well as products
related to personal and home technology and power supply needs.
RadioShack's retail network includes more than 4,300
company-operated stores in the United States, 270 company-operated
stores in Mexico, and approximately 1,000 dealer and other outlets
worldwide.

RadioShack Corporation and affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 15-10197) on Feb. 5, 2015. Judge
Kevin J. Carey presides over the case.

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

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

A&G Realty Partners is the Debtors' real estate advisor.  Prime
Clerk is the Debtors' claims and noticing agent.

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

Quinn Emanuel Urquhart & Sullivan, LLP and Cooley LLP represent the
Official Committee of Unsecured Creditors as co-counsel.  Houlihan
Lokey Capital, Inc. serves as financial advisor and investment
banker.  The bankruptcy case is assigned to Judge Brendan L.
Shannon.


RADIOSHACK CORP: Proposes $40M Settlement With Gift Card Holders
----------------------------------------------------------------
Retailcustomerexperience.com reports RadioShack Corporation is
proposing a $40 million settlement for clients with unredeemed gift
cards.  According to the report, the clients are likely to get
repaid in full if the proposed lawsuit settlement deal with the
Texas attorney general proves successful.

The report recalls that Texas and several other states had sued the
Company for the valueless gift cards and had requested that
consumer card holders be paid ahead of the Company's other
creditors.

Retailcustomerexperience.com relates that as part of the
settlement, clients with gift card will have 12 months to file a
claim for a refund payment instead of an initial 60-day proposal.
The report states that those who purchased cards for their own use
or someone else and those who have re-loaded cards will have
priority repayment status, while those holding cards doled out
during promotional giveaways or opted for a gift card in a
merchandise return scenario are at the back of the repayment line
with other unsecured creditors.

According to a Wall Street Journal report, the Texas attorney
general's office said that the settlement is "eminently fair to
consumers."

The WSJ report says that a final approval from the Court is
expected in September.

                   About RadioShack Corporation

Headquartered in Fort Worth, Texas, RadioShack is a retailer of
mobile technology products and services, as well as products
related to personal and home technology and power supply needs.
RadioShack's retail network includes more than 4,300
company-operated stores in the United States, 270 company-operated
stores in Mexico, and approximately 1,000 dealer and other outlets
worldwide.

RadioShack Corporation and affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 15-10197) on Feb. 5, 2015. Judge
Kevin J. Carey presides over the case.

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

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

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

Quinn Emanuel Urquhart & Sullivan, LLP and Cooley LLP represent
the Official Committee of Unsecured Creditors as co-counsel.
Houlihan Lokey Capital, Inc., serves as financial advisor and
investment banker.  The bankruptcy case is assigned to Judge
Brendan L. Shannon.


REICHHOLD HOLDINGS: Berkeley OK'd as Substitute Financial Advisor
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware authorized
the Official Committee of Unsecured Creditors in the Chapter 1
cases of Reichhold Holdings US, Inc., et al., to retain Berkeley
Research Group, LLC, as substitute financial advisor, nunc pro tunc
to June 1, 2015.

As reported in the Troubled Company Reporter on July 14, 2015,
according to the Committee, on the formation date, the Committee
selected Hahn & Hessen LLP to serve as its lead counsel, Blank Rome
LLP to serve as its Delaware counsel, and Capstone Advisory Group,
LLC, together with its wholly owned subsidiary Capstone Valuation
Services, LLC to serve as its financial advisor.  

Effective June 1, 2015, many of Capstone's members and employees,
including the Capstone personnel involved in the chapter 11 cases
joined BRG and ended their affiliation with Capstone.  To ensure
continuity of representation, the Committee has requested that BRG
substitute for Capstone as their financial advisors in the cases,
effective as of June 1, 2015.

BRG is expected to, among other things:

   a. advise and assist the Committee in its analysis and
monitoring of the Debtors' historical, current and projected
financial affairs, including, schedules of assets and liabilities
and statement of financial affairs;

   b. advise and assist the Committee with respect to any debtor
financing arrangements or use of cash; and

   c. scrutinize cash disbursements on an on-going basis for the
period subsequent to the commencement of the cases.

BRG has agreed to a 15% discount off of its standard hourly rates.
The proposed rates of compensation, subject to final Court
approval, are the customary hourly rates in effect when services
are performed by the professionals and paraprofessionals who
provide services to the Committee.  The current standard hourly
rates for BRG (without discount) are:

                                           2015
                                           ----
   Managing Director                   $350 - $1,250
   Director                            $475 -   $640
   Staff                               $250 -   $475
   Support staff                       $125 -   $325

The current standard hourly rates for the BRG professionals
anticipated to be assigned to the engagement are:

   David Galfus                            $870
   Finbarr O'Connor                        $825
   Rick Wright                             $595
   Joseph Woodmansee                       $425

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

                          About Reichhold

Founded in 1927, Reichhold, with its world headquarters and
technology center in Durham, North Carolina, is one of the world's
largest manufacturer of unsaturated polyester resins and a leading
supplier of coating resins for the industrial, transportation,
building and construction, marine, consumer and graphic arts
markets.  Reichhold -- http://www.Reichhold.com/--  has      
manufacturing operations throughout North America, Latin America,
the Middle East, Europe and Asia.

As of June 30, 2014, the Reichhold companies had consolidated
assets of $538 million and liabilities of $631 million.

Reichhold Holdings US, Inc., Reichhold, Inc., and two U.S.
affiliates sought Chapter 11 protection (Bankr. D. Del. Lead Case
No. 14-12237) on Sept. 30, 2014.

Cole, Schotz, Meisel, Forman & Leonard, P.A. (legal advisor) and
CDG Group LLC (financial advisor) are representing Reichhold, Inc.
Latham & Watkins LLP (legal advisor) and Moelis & Company
(investment banker) are serving Reichhold Industries, Inc.

Logan & Company is the company's claims and noticing agent.

The cases are assigned to Judge Mary F. Walrath.

The U.S. Trustee for Region 3 appointed seven creditors of
Reichhold Holdings US, Inc. to serve on the official committee of
unsecured creditors.

On April 2, 2015, Reichhold disclosed that the purchase of most of
the assets of the U.S. business was completed.  This transaction,
approved by the Delaware Bankruptcy Court on January 12, 2015,
allows Reichhold's U.S. businesses to successfully emerge from
bankruptcy and re-join the rest of the global Reichhold
organization.  Concurrent with this purchase, Reichhold completed
a debt-for-equity exchange with a group of investors led by Black
Diamond Capital Management LLC and including J.P. Morgan
Investment Management, Inc., Third Avenue Management LLC, and
Simplon
Partners LP.

On April 1, 2015, the U.S. Trustee named three non-union retirees
of Debtors to serve as the official Non-Union Retiree Committee.
Each of the Retiree Committee members is receiving retiree welfare
benefits from one or more of the Debtors.  The Retiree Committee
tapped the law firm of Stahl Cowen Crowley Addis LLC as its
counsel.



RELATIVITY MEDIA: Says Media Attention to Boost Interest in Studio
------------------------------------------------------------------
Relativity Media's chief restructuring officer Brian Kushner and
C.J. Brown, the Company's investment banker leading its auction,
expressed confidence that the media attention will boost interest
in the studio, Brant Lang at Variety.com reports.

The report quoted Mr. Brown as saying, "I think it will help get
more people to be aware of our situation.  People will make their
own decisions, but the exposure we're getting shows that this is
still a world-class film and TV business that did a lot of
impressive things with making film assets into TV shows, as they
did with 'Limitless' and 'Catfish.'"

Variety.com relates that the Company already has a $250 million
stalking horse bid from a group of investors that includes
financial firms Anchorage, Luxor Capital and Falcon Investments.

Mr. Brown told Variety.com in an interview that "there's a lot of
excitement.  We've been reaching out to many individuals.  We've
contacted nearly 150 parties, split pretty evenly between strategic
investors and financial institutions.  Of those nearly 50 have
signed [non-disclosure agreements].  It's still early days, and
it's August and a lot of people are on vacation, so we expect those
numbers will grow significantly."

Mr. Brown, the report states, sees large institutions on both the
strategic and financial side as potential bidders.

Variety.com says that the Company recently filed a motion to
provide financial incentives to key staffers to keep them involved
through the bankruptcy.  The report quoted Mr. Kushner as saying,
"There's been a lot of media attention focused on the company and
on Ryan personally, and he voluntarily agreed to take compensation
of a dollar and no more.  He thought it was the best thing for the
company and for the process to eliminate questions concerning
himself.  He felt it would be inappropriate to participate in a
retention program . . . .  In the case of other employees and key
personnel, this is a common tool to utilize in bankruptcy court
proceedings.  It helps maintain continuity and many of these
employees are taking on extra work and this allows us to compensate
them for that additional activity."

                   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.


REPUBLIC AIRWAYS: Shares Plunge After Local Union Snubbed Offer
---------------------------------------------------------------
Zacks Equity Research reports that shares of Republic Airways
Holdings Inc. dropped 36.72% to close the trading session on Aug.
26, 2015, at $2.12, after the International Brotherhood of
Teamsters Local 357 recommended against allowing members to vote on
the Company's contract offer.

As reported by the Troubled Company Reporter on Aug. 28, 2015,
Michael Sasso at Bloomberg Business reported that Local 357
President Jim Clark said that the leadership of the Teamsters'
local has ignored the Company's "last, best and final offer" --
which includes 74% pay increase for new first officers, and a
smaller raise for more-senior aviators; and pilots' ratification
bonus of $1,000 to $11,000, based on length of service, as well as
another bonus on the one-year anniversary of ratification --
because it objects to language in the contract preventing it from
encouraging members from taking positions at other regional
airlines, but the national union could override the local's
decision and present it to members.  According to the report, Galen
Munroe, spokesperson for the International Brotherhood of
Teamsters, said that a decision hasn't been made yet on whether to
overrule Local 357.

Zacks Equity states that the adverse stance of the local pilot
union is a huge blow to the Company since it had already stated
that in the event of the pilots rejecting the final offer filing
for Chapter 11 bankruptcy protection may be the only option
available to it.

Republic Airways Holdings Inc. is the holding company of
Chautauqua Airlines, Inc., Shuttle America Corporation and Republic
Airline Inc.  The Republic-owned airlines offer scheduled passenger
services on 1,253 flights daily to 105 cities in the U.S. and
Canada.


ROADRUNNER ENTERPRISES: Automatic Stay Lifted on Va. Properties
---------------------------------------------------------------
A federal judge lifted the so-called automatic stay that has kept
Virginia Commonwealth Bank from taking action against Roadrunner
Enterprises Inc.'s properties.

The order, issued by U.S. Bankruptcy Judge Kevin Huennekens, would
allow the bank to enforce the lien of its deed of trust on two real
properties in case Roadrunner failed to auction them and secure a
contract.

The properties are located along Milhorn Street and Happy Hill
Road, Colonial Heights, Virginia.  

Under Section 362 of the Bankruptcy Code, the filing of a
bankruptcy case triggers an injunction against the continuance of
an action by any creditor against the debtor or its property.  The
automatic stay gives the debtor protection from its creditors
subject to the oversight of the bankruptcy judge.

                   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.


ROTONDO WEIRICH: Proposes Maschmeyer Karalis as Counsel
-------------------------------------------------------
Rotondo Weirich Enterprises, Inc., and its affiliates seek
permission from the Bankruptcy Court to employ Maschmeyer Karalis
P.C. as their counsel.

The Debtors wish to retain Maschmeyer Karalis to:

   (a) advise them of their rights, powers and duties as debtors-
       in-possession in continuing to operate and manage their
       assets;

   (b) advise the Debtors concerning, and assist in the
       negotiation and documentation of the use of cash collateral

       and debtor-in-possession financing, debt restructuring and
       related transactions;

   (c) review the nature and validity of agreements relating to
       the Debtors' businesses and advise the Debtors in
       connection therewith;

   (d) review the nature and validity of liens, if any, asserted
       against the Debtors and advise as to the enforceability of
       those liens;

   (e) advise the Debtors concerning the actions they might take
       to collect and recover property for the benefit of their
       estates;

   (f) prepare on the Debtors' behalf all necessary and
       appropriate applications, motions, pleadings, orders,
       notices, petitions, schedules, and other documents, and
       review all financial and other reports to be filed in the
       Debtors' Chapter 11 cases;

   (g) advise the Debtors concerning, and prepare responses to,
       applications, motions, pleadings, notices and other papers  

       which may be filed in the Debtors' Chapter 11 cases;

   (h) counsel the Debtors in connection with formulation,
       negotiation and promulgation of a plan of reorganization
       and related documents; and
  
   (i) perform all other legal services for and on behalf of the
       Debtors, which may be necessary in the administration of
       their Chapter 11 cases.

MK will be rendering services on an hourly basis.  The current
rates of MK's partners, associates and paralegals are as follows:

       Shareholders                   $520
       Associates                     $215-$440
       Paralegals                     $120

The Debtors will also reimbuse MK with respect to its out-of-pocket
expenses.

On Aug. 19, 2015, MK received a $7,500 retainer from the Debtors.
The firm received an additional $90,302 retainer from the Debtors
on Aug. 26, 2015.

The Debtors assure the Court that MK does not hold nor represent
any interest adverse to them or their creditors, and is a
"disinterested person" within the meaning of Section 101(14) of the
Bankruptcy Code.

Rotondo Weirich Enterprises, Inc. and five of its affiliates sought
Chapter protection (Bankr. E.D. Pa. Case Nos. 15-16146 - 15-16151)
on Aug. 27, 2015.  The petition was signed by Steven J. Weirich as
president & CEO.  The Debtors estimated assets and liabilities of
at least $10 million.


ROTONDO WEIRICH: Voluntary Chapter 11 Case Summary
--------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

       Debtor                                     Case No.
       ------                                     --------
       Rotondo Weirich Enterprises, Inc.          15-16146
       681 Harleysville Pike
       P.O. Box 429
       Lederach, PA 19450

       Rotondo Weirich, Inc.                      15-16147
       681 Harleysville Pike
       P.O. Box 429
       Lederach, PA 19450

       Three North Pointe Associates, LLC         15-16148
       681 Harleysville Pike
       P.O. Box 429
       Lederach, PA 19450

       RW Lederach, LLC                           15-16149
       681 Harleysville Pike
       P.O. Box 429
       Lederach, PA 19450

       RW 675, LLC                                15-16150

       RW Motorsports, Inc.                       15-16151

Chapter 11 Petition Date: August 27, 2015

Court: United States Bankruptcy Court
       Eastern District of Pennsylvania (Philadelphia)

Judge: Hon. Eric L. Frank (15-16146)
       Hon. Jean K. FitzSimon (15-16147)
       Hon. Ashely M. Chan (15-16148)
       Hon. Stephen Raslavich (15-16149)

Debtors' Counsel: Aris J. Karalis, Esq.
                  MASCHMEYER KARALIS P.C.
                  1900 Spruce Street
                  Philadelphia, PA 19103
                  Tel: (215) 546-4500
                  Email: akaralis@cmklaw.com

                                         Estimated   Estimated
                                           Assets   Liabilities
                                        ----------  -----------
Rotondo Weirich Enterprises             $10MM-$50MM $10MM-$50MM
Rotondo Weirich                         $1MM-$10MM  $1MM-$10MM
Three North Pointe Associates           $1MM-$10MM  $1MM-$10MM
RW Lederach, LLC                        $1MM-$10MM  $1MM-$10MM

The petition was signed by Steven J. Weirich, president & CEO.

The Debtors did not include a list of their largest unsecured
creditors when they filed the petitions.


SAEXPLORATION HOLDINGS: S&P Lowers Corp. Credit Rating to 'SD'
--------------------------------------------------------------
Standard & Poor's Ratings Services lowered its corporate credit
rating on SAExploration to 'SD' (selective default) from 'B-'.

At the same time, S&P lowered the issue-level rating on the
company's senior secured notes to 'D' from 'B-'.  The recovery
rating on the notes remains '3', reflecting S&P's expectations of
meaningful (higher half of the 50% to 70% range) recovery in the
event of a conventional default.

"The downgrade follows SAExploration's announcement that it has
concluded an agreement with holders of a portion of its senior
secured notes for common stock," said Standard & Poor's credit
analyst Aaron McLean.  "We view the transaction as a distressed
exchange because at the close of the transaction investors received
stock valued at less than what was promised on the original
securities," he added.

S&P also notes that the $10 million announced amount of the
debt-for-equity exchange reduces the amount of senior secured notes
outstanding, marginally improving leverage.

S&P expects to review the corporate credit rating and issue-level
ratings when it assess the likelihood of further debt exchanges as
low.  S&P's analysis will incorporate the company's current
liquidity position, while still taking into account its challenging
operating environment and high, though marginally improved,
leverage.



SAINT MICHAEL'S MEDICAL: Proposes Cole Schotz as Counsel
--------------------------------------------------------
Saint Michael's Medical Center, Inc., filed an application to
employ Cole Schotz P.C., as bankruptcy counsel, nunc pro tunc to
the Petition Date.

Cole Schotz will perform these legal services:

  (a) advise the Debtors of their rights, powers and duties as
debtors-in-possession in continuing to operate and manage their
assets and business;

  (b) prepare such administrative and procedural applications and
motions as may be required for the sound conduct of the cases,
including, but not limited to, the Debtors' schedules and
statements of financial affairs;

  (c) review and object to claims;

  (d) review the nature and validity of agreements relating to
Debtors' business operations and advise the Debtors in connection
therewith;

  (e) review the nature and validity of liens asserted against the
Debtors and advise as to the enforceability thereof;

  (f) advise the Debtors concerning the actions they might take to
collect and recover property for the benefit of their estates;

  (g) prepare on the Debtors' behalf all necessary and appropriate
applications, motions, pleadings, orders, notices, petitions,
schedules, and other documents, to be filed in the Debtors' Chapter
11 cases;

  (h) advise the Debtors concerning, and prepare responses to,
applications, motions, pleadings, notices and other pleadings or
documents which may be filed in their Chapter 11 cases;

  (i) counsel the Debtors in their efforts [to sell all or
substantially all their assets pursuant to 11 U.S.C. Sec. 363 and
in connection with the formulation, negotiation and promulgation of
a Chapter 11 plan]; and

  (j) perform all other legal services for and on behalf of the
Debtors which may be necessary or appropriate in the administration
of their Chapter 11 cases and fulfillment of their duties as a
debtors-in-possession.

The Debtors have made payments to the firm for services rendered
prepetition.  As a result of that payment, Cole Schotz does not
hold any claim against the Debtors or their estates for prepetition
services rendered.

The Debtors understand and agree that Cole Schotz will charge for
its legal services on an hourly basis in accordance with its
ordinary and customary hourly rates in effect on the date such
services are rendered and for out-of-pocket expenses.

The attorneys and paralegals primarily responsible for representing
the Debtors, and their current standard hourly rates are:

             Name                 Title     Hourly Rate
             ----                 -----     -----------
         Michael D. Sirota        Member        $825
         Gerald H. Gline          Member        $750
         Ryan T. Jareck           Member        $385
         Jacob S. Frumkin         Associate     $350
         Frances Pisano           Paralegal     $250

Other attorneys, paralegals, and case management clerks will be
involved in representing the Debtors and the range of hourly rates
for such professionals are:

                                   Rates
                                   -----
         Members               $385 to $850
         Associates            $160 to $425
         Paralegals            $150 to $250

Michael D. Sirota, attorney at law and shareholder of the firm,
attests that Cole Schotz is a "disinterested person" within the
meaning of Section 101(14) of the Bankruptcy Code and the
requirements of Section 327(a) of the Bankruptcy Code are satisfied
in respect of the matters upon which Cole Schotz is to be engaged
in the Chapter 11 cases.

Cole Schotz also will make a reasonable effort to comply with the
U.S. Trustee's requests for information and additional disclosures
as set forth in the Revised UST Guidelines, both in connection with
the Application and the interim and final fee applications to be
filed by Cole Schotz.  In that regard, 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.

   * Question: Do any of the professionals included in this
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 your 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: The billing rates and material financial terms for
Cole Schotz's prepetition engagement by the Debtors are set forth
herein. No adjustments were made to either the billing rates or the
material financial terms of Cole Schotz's employment by the Debtors
as a result of the filing of these Chapter 11 Cases.

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

   * Response: Yes. For the period from August 1-31, 2015.

               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.


SAINT MICHAEL'S MEDICAL: Proposes EisnerAmper as Financial Advisor
------------------------------------------------------------------
Saint Michael's Medical Center, Inc., filed with the U.S.
Bankruptcy Court for the District of New Jersey an application to
employ EisnerAmper LLP, as financial advisor, nunc pro tunc to the
Petition Date.

The Debtors have selected Eisner because of the firm's considerable
experience in the areas of financial advisory and business
reorganizations and other areas in which Eisner might be asked to
assist in the Chapter 11 proceedings.  The Debtors believe that
Eisner is duly qualified to provide them with financial advisory
services throughout the Chapter 11 proceedings, and the services of
Eisner are necessary and essential to the Debtors' performance of
their duties as debtors-in-possession.

The Debtors wish to retain Eisner as their financial advisor in
these matters to perform certain services which include, but are
not limited to, these:

   (i) assist the Debtors in preparing such analyses as the Debtors
may request to assist in connection with the Debtors' (or the
Debtors' other professional advisors) negotiations, meetings, and
telephone conferences with creditors or other parties;

  (ii) assist the Debtors in responding to discovery requests by
parties in interest in the Chapter 11 proceedings;

(iii) assist the Debtors in preparation of required Schedules of
Assets and Liabilities and Statements of Financial Affairs;

  (iv) assist the Debtors in preparation and review of monthly
operating reports for filing with the United States Trustee;

   (v) assist the Debtors in preparation of cash flow and financial
projections;

  (vi) assist the Debtors in valuation, insolvency, and liquidation
analyses for the Debtors;

(vii) assist the Debtors and other professional advisors in
preparing for court appearances, appearances before the United
States Trustee and communication with any committees appointed in
the Chapter 11 proceedings, as required; and

(viii) perform other services as directed by the Debtors and/or
their counsel.

Eisner is a "disinterested person" within the meaning of Section
101(14) of the Bankruptcy Code, as required by Section 327(a) of
the Bankruptcy Code, and referenced by Section 328(c) of the
Bankruptcy Code, and does not hold or represent an interest adverse
to the Debtors or their estates.  Eisner has no connection to the
Debtors, their creditors, or related parties.

Eisner received an initial retainer in the amount of $100,000 on
May 12, 2015 for work to be performed in the pre-bankruptcy period.
Between May 12, 2015 and Aug. 7, 2015, the Initial Retainer was
replenished with wire payments of $240,533, resulting in total
retainer payments of $340,533 for services to be performed on the
Debtors' behalf in connection with the filing and prosecution of
the Chapter 11 proceedings.  Between May 12, 2015 and Aug. 7, 2015,
Eisner applied $275,533 against prepetition invoices for all
contemporaneous services rendered to the Debtors before the
Petition Date.  At the time of the Petition Date, the Bankruptcy
Retainer balance was $65,000.  As a result of these payments,
Eisner does not hold any claims against the Debtors or their
estates for prepetition services rendered.

Allen Wilen, a partner of EisnerAmper, attests that Eisner does not
hold or represent any interest adverse to the Debtors, their
creditors or their estate, and is a disinterested person within the
meaning of Section 101(14) of the Bankruptcy Code.

               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.


SANTA FE GOLD: Has DIP Financing From Existing Lender
-----------------------------------------------------
Santa Fe Gold Corporation, et al., are seeking approval from the
U.S. Bankruptcy Court for the District of Delaware to (i) enter
into senior secured priming and superpriority post-petition
financing with Waterton Global Value, L.P., by its investment
manager, Altitude Management Limited, as lender; (ii) use cash
collateral of Waterton.

The DIP facility, on a final basis, will consist of postpetition
financing of $1.58 million plus roll-up loans.  On an interim
basis, borrowings will be in an aggregate principal amount not to
exceed $362,000 plus an initial roll-up amount.

Waterton is already owed $12.8 million on a prepetition financing
secured by a first priority lien on substantially all assets and
stock of subsidiaries.  In addition, the Debtors are still in the
process of determining their obligations to Waterton under a gold
and silver supply agreement.

Waterton, the Debtors' most significant, and senior secured,
prepetition lender offered to provide the Debtors with financing to
support a sale process within the context of a chapter 11
proceeding, and proposed serving as a "stalking horse" bidder for
the Debtors' assets in a sale under section 363 of the Bankruptcy
Code.

The DIP facility will bear interest at 12% per annum, with a
default rate of the interest rate plus 2%.  There will be a
structuring fee equal to 2% of the term loan commitment, a
termination fee in the amount of 3% of the term loan commitment,
and an extension fee in the amount of the 2% of the principal
amount of the loans being extended.  

The parties have agreed to an initial maturity date that is 6
months after entry of the DIP Credit Agreement.  The Debtors have
agreed to comply with these milestones:

  (a) No later than 30 days following the Petition Date, the
Debtors will have filed with the Bankruptcy Court a motion
including procedures for the sale of substantially all the assets
of the Debtors;

  (b) No later than 30 days following the filing of the sale
motion, the Bankruptcy Court will have entered a final order
approving bid procedures for the sale of substantially all the
assets of the Debtors, which procedures provide that (x) the Lender
may credit bid all or any portion of the obligations in connection
with such sale pursuant to Section 363(k) of the Bankruptcy Code
and (y) Lender will have a right to act as a “stalking horse”
bidder in such sale; and

  (c) No later than 55 days following the entry of the sale
procedures order, the Bankruptcy Court shall have entered a final
order approving the final sale of substantially all the assets of
the Debtors and, if the Lender is not the successful bidder in such
sale, the sale shall provide for the payment in full in cash of the
Obligations;

  (d) No later than 21 days following the entry of the sale order,
the final sale of substantially all the assets of the Debtors will
have closed.

As adequate protection for its interest in the cash collateral,
Waterton will receive replacement liens, payment of its fees and
expenses, and payment of interest accruing at the default rate.

                   About Santa Fe Gold

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.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, as
counsel; Canaccord Genuity Group Inc., as financial advisor; and
American Legal Claim Services, LLC, as notice, claims, and
solicitation agent.

Santa Fe Gold disclosed $19.1 million in assets and $29.9 million
in debt as of March 31, 2015.


SANTA FE GOLD: Proposes ALCS as Claims & Noticing Agent
-------------------------------------------------------
Santa Fe Gold Corporation, et al., are asking the U.S. Bankruptcy
Court for the District of Delaware for approval to hire American
Legal Claim Services, LLC, as claims and noticing agent in the
Chapter 11 cases.

Although the Debtors have not yet filed their schedules of assets
and liabilities, they anticipate that there will be significantly
more than 200 parties in interest that will need to be noticed at
various times in the Chapter 11 cases.

Once the Debtors' debtor-in-possession funding is approved, the
Debtors intend to provide ALCS a retainer in the amount of $10,000.
ALCS seeks to hold the retainer under the Engagement Agreement
during the Chapter 11 Cases as security for the payment of fees and
expenses incurred under the Engagement Agreement.

The Debtors have agreed to pay ALCS for its services at the rates
or prices as set forth in the "Fee Schedule" agreed upon by the
parties.  The Fee Schedule was not included in publicly available
court filings.

ALCS represents that it is a "disinterested person" as that term is
defined in Section 101(14) of the Bankruptcy Code with respect to
the matters upon which it is engaged.

The firm can be reached at:

         Attn: Jeffrey Pirrung
         AMERICAN LEGAL CLAIM SERVICES, LLC
         5985 Richard Street, STE 3
         Jacksonville, FL 32216

                        About Santa Fe Gold

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.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, as
counsel; Canaccord Genuity Group Inc., as financial advisor; and
American Legal Claim Services, LLC, as notice, claims, and
solicitation agent.


SANTA FE GOLD: Wants Until Oct. 9 to File Schedules
---------------------------------------------------
Santa Fe Gold Corporation, et al., are asking the U.S. Bankruptcy
Court for the District of Delaware to extend by 30 days, through
and including, Oct. 9, 2015, their deadline to file their schedules
of assets and liabilities and statements of financial affairs.

Kenneth J. Enos, Esq., at Young Conaway Stargatt & Taylor, LLP,
explains that in view of the amount of work entailed in completing
the Schedules, and the competing demands upon the Debtors'
employees and professional advisors to assist in the Debtors'
efforts to effectuate a sale of the Debtors' assets with a
corresponding auction process during the initial post-petition
period, the Debtors will not be able to properly and accurately
complete the Schedules within the 14-day period following the
Petition Date.

                        About Santa Fe Gold

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.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, as
counsel; Canaccord Genuity Group Inc., as financial advisor; and
American Legal Claim Services, LLC, as notice, claims, and
solicitation agent.

Santa Fe Gold disclosed $19.1 million in assets and $29.9 million
in debt as of March 31, 2015.


SEQUENOM INC: Proposes to Sell $300 Million Securities
------------------------------------------------------
Sequenom, Inc., filed a Form S-3 registration statement with the
Securities and Exchange Commission relating to a planned offering
of up to $300,000,000 of any combination of its common stock,
preferred stock, debt securities and warrants.

The Company's common stock is traded on the Nasdaq Global Select
Market under the symbol "SQNM."  On Aug. 24, 2015, the last
reported sales price of the Company's common stock was $2.05 per
share.

A copy of the preliminary prospectus is available for free at:

                       http://is.gd/4jqOTF

                         About Sequenom

Sequenom, Inc. (NASDAQ: SQNM) -- http://www.sequenom.com/-- is a
life sciences company committed to improving healthcare through
revolutionary genetic analysis solutions.  Sequenom develops
innovative technology, products and diagnostic tests that target
and serve discovery and clinical research, and molecular
diagnostics markets.  The company was founded in 1994 and is
headquartered in San Diego, California.

"If we fail to generate enough cash flow from our operations or
otherwise obtain the capital necessary to fund our operations, our
financial results, financial condition and our ability to continue
as a going concern will be adversely affected and we will have to
cease or reduce further commercialization efforts or delay or
terminate some or all of our diagnostic testing services or other
product development programs," the Company said in its 2014 annual
report.

As of June 30, 2015, the Company had $136.6 million in total
assets, $157.6 million in total liabilities and a $21 million total
stockholders' deficit.


SFX ENTERTAINMENT: S&P Lowers CCR to 'CCC', Outlook Negative
------------------------------------------------------------
Standard & Poor's Ratings Services said that it lowered its
corporate credit rating on New York-based SFX Entertainment Inc. to
'CCC' from 'B-'.  The rating outlook is negative.

At the same time, S&P lowered its issue-level rating on the
company's senior secured second-lien loan to 'CCC' from 'B-' and
revised the recovery rating to '4' from '3'.  The '4' recovery
rating indicates S&P's expectation for average recovery (30%-50%;
upper half of the range) of principal in the event of a payment
default.

"SFX's liquidity and cash flow metrics remain the primary risk
factors for the current rating, in our view," said Standard &
Poor's credit analyst Naveen Sarma.  The downgrade reflects the
significant deterioration of SFX's financial flexibility and
liquidity position following the recent cancelation of its
announced "going private" transaction, S&P's expectation that the
company will generate negative as-reported EBITDA and free
operating cash flow (FOCF)in 2015, and the subpar performance of
its Beatport platform.  "We believe the company will need
additional cash or borrowing availability in order to meet its
operating and working capital needs as well as to fund earnout
payments," said Mr. Sarma.

S&P believes that SFX will likely face a liquidity crisis if its
business conditions do not improve or if it does not have asset
sales or a strategic alternative to the canceled "going private"
agreement over the next 12 months.  S&P also believes that SFX is
likely to default over the next 12 months absent positive business
performance or recapitalization developments.

The negative rating outlook on SFX reflects the company's "weak"
liquidity, based on S&P's criteria, the company's continued cash
flow deficits, and the increasing likelihood of a payment default
over the next 12 months.  S&P believes that SFX's current capital
structure and operating model are unsustainable.

S&P could lower the rating if SFX's operating cash flow remains
negative without signs of significant improvement before the
earnout payments and working capital needs due in the second half
of 2015, causing a liquidity crisis.  S&P would also lower the
rating if it believes a restructuring or bankruptcy could occur
within the next six months.

S&P would consider raising the rating one notch to 'CCC+' if it
become convinced that the company will eliminate its cash flow
deficits and that it has sufficient liquidity to fund its
operations over the next 12-18 months.



SHAI SHAWN TAMIR: BofA, HSCB and Citi Claims Allowed
----------------------------------------------------
Judge Melvin S. Hoffman of the United States Bankruptcy Court for
the District of Maine overruled Shai Shawn Tamir's objection to the
amended claims of Bank of America, HSBC Bank, and Citibank and
allowed the claims.

According to Schedule D of the schedules of assets and liabilities
filed by Tamir in support of his bankruptcy petition, each of BofA,
HSBC, and Citi, is a creditor whose claim is secured by a mortgage
on one of Tamir's properties.  Tamir listed the banks' claims on
schedule D as disputed.

When each bank filed a proof of claim asserting a secured claim
against Tamir, the latter filed an omnibus objection to the claims.
Tamir's objection was based on the Maine Law Court's holding in
the case of Bank of America v. Greenleaf, 96 A.3d 700 that under
Maine law, an assignee of a mortgage from Mortgage Electronic
Registration Systems, Inc. ("MERS") lacks standing to foreclose the
mortgage.  Each of the three bank creditors holds its mortgage by
assignment from MERS.  Tamir also maintained that while BofA, HSBC
and Citi each holds a note secured by a mortgage on one of his
properties, none happens to be the holder of such mortgage and this
disqualifies each of them from secured status.

In overruling Tamir's objections, Judge Hoffman explained that the
Greenleaf decision focuses only on a mortgagee's standing to
foreclose a mortgage of real property in Maine, but does not
address the validity of the noteholder's security interest in the
mortgaged real estate.  The judge further explained that
"Regardless of who may be the legal owner of the morgages on Mr.
Tamir's properties, each bank is a beneficial owner of the mortgage
securing its note.  For purposes of asserting a secured claim in a
borrower's bankruptcy case, a noteholder's beneficial ownership of
the mortgage is sufficient to establish secured status.

The case is In re: Shai Shawn Tamir, Chapter 11, Debtor, CASE NO.
14-20368 (D. Me.).

A full-text copy of Judge Hoffman's August 10, 2015 memorandum of
decision is available at http://is.gd/lJy7Xnfrom Leagle.com.  


SIGNAL INTERNATIONAL: Court Sets Claims Bar Dates
-------------------------------------------------
The Hon. Mary F. Walrath of the U.S. Bankruptcy Court for the
District of Delaware, on Aug. 11, 2015, entered an order
establishing 4:00 p.m. on the date that is at least 30 days after
the service date as the deadline for filing proofs of prepetition
claims, including administrative expense claims against Signal
International, Inc., et al.  The Court also set Jan. 8, 2016, as
governmental unit bar date.

Proofs of claim must be submitted to the Debtors' claims agent, in
this address:

         Signal Claims Processing
         c/o Kurtzman Carson Consultants LLC
         2335 Alaska Ave.
         El Segundo, CA 90245

                    About Signal International

Signal International Inc. -- http://www.signalint.com/-- primarily

engages in the business of offshore drilling rig overhaul, repair,
upgrade, and conversion, as well as new shipbuilding construction.

Additionally, Signal provides services to the general marine and
heavy fabrication markets for barges, power plants, and modular
construction.  

Signal International, LLC ("SI LLC"), was organized on Dec. 6,
2002, as a limited liability company after acquiring the assets of
the Offshore Division of Friede Goldman Halter from bankruptcy.
SI
Inc. was incorporated on Oct. 12, 2007, and began operations with
offshore fabrication and repair in Mississippi.  Today, Signal's
corporate headquarters are in Mobile, Alabama, with operations in
Alabama and Mississippi, and a sales office in Texas.

On Oct. 3, 2014, Signal International Texas, L.P., sold
substantially all of its assets to Westport Orange Shipyard, LLC,
in a partially seller-financed transaction for a total purchase
price of $35,900,000.  As part of the transaction, Westport
provided a down payment of $7,000,000 and delivered a promissory
note in the principal amount of $28,900,000 to SI Texas due on or
before Oct. 3, 2019 (the "Texas Note").

On July 12, 2015, SI Inc. and its direct and indirect wholly owned
subsidiaries, including SI LLC, commenced cases under chapter 11
of
title 11 of the United States Code (Bankr. D. Del. Lead Case No.
15-11498).

The Debtors tapped Young Conaway Stargatt & Taylor LLP as
bankruptcy counsel, Hogan Lovells US LLP as general corporate
counsel, GGG Partners, LLC, as financial and restructuring
advisors, and Kurtzman Carson Consultants LLC as claims and
noticing agent.

Signal International Inc. estimated $10 million to $50 million in
assets and $50 million to $100 million in debt.

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



SIGNAL INTERNATIONAL: Files Schedules of Assets and Liabilities
---------------------------------------------------------------
Signal International, LLC, filed with the U.S. Bankruptcy Court for
the District of Delaware its schedules of assets and liabilities,
disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                        $0
  B. Personal Property           $21,455,778
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $69,883,428
  E. Creditors Holding
     Unsecured Priority
     Claims                                          $350,748
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                       $20,403,570
                                 -----------      -----------
        Total                    $21,455,778      $90,637,746

A copy of the schedules is available for free at:

    http://bankrupt.com/misc/SignalInternational_216_SAL.pdf

                    About Signal International

Signal International Inc. -- http://www.signalint.com/-- primarily
engages in the business of offshore drilling rig overhaul, repair,
upgrade, and conversion, as well as new shipbuilding construction.
Additionally, Signal provides services to the general marine and
heavy fabrication markets for barges, power plants, and modular
construction.  

Signal International, LLC ("SI LLC"), was organized on Dec. 6,
2002, as a limited liability company after acquiring the assets of
the Offshore Division of Friede Goldman Halter from bankruptcy.  SI
Inc. was incorporated on Oct. 12, 2007, and began operations with
offshore fabrication and repair in Mississippi.  Today, Signal's
corporate headquarters are in Mobile, Alabama, with operations in
Alabama and Mississippi, and a sales office in Texas.

On Oct. 3, 2014, Signal International Texas, L.P., sold
substantially all of its assets to Westport Orange Shipyard, LLC,
in a partially seller-financed transaction for a total purchase
price of $35,900,000.  As part of the transaction, Westport
provided a down payment of $7,000,000 and delivered a promissory
note in the principal amount of $28,900,000 to SI Texas due on or
before Oct. 3, 2019 (the "Texas Note").

On July 12, 2015, SI Inc. and its direct and indirect wholly owned
subsidiaries, including SI LLC, commenced cases under chapter 11 of
title 11 of the United States Code (Bankr. D. Del. Lead Case No.
15-11498).

The Debtors tapped Young Conaway Stargatt & Taylor LLP as
bankruptcy counsel, Hogan Lovells US LLP as general corporate
counsel, GGG Partners, LLC, as financial and restructuring
advisors, and Kurtzman Carson Consultants LLC as claims and
noticing agent.

Signal International Inc. estimated $10 million to $50 million in
assets and $50 million to $100 million in debt.

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



SIGNAL INTERNATIONAL: Hogan Lovells OK'd as Gen. Corporate Counsel
------------------------------------------------------------------
The Hon. Mary F. Walrath of the U.S. Bankruptcy Court for the
District of Delaware authorized Signal International, Inc., et al.,
to employ Hogan Lovells US LLP as general corporate, and special
litigation and transactional counsel, nunc pro tunc to
July 13, 2015.

Although certain aspects of the representations will necessarily
involve both Hogan Lovells and Young Conaway, the Debtors believe
that the services Hogan Lovells will provide will be complementary
rather than duplicative of the services to be performed by Young
Conaway as general bankruptcy counsel.

Christopher S. Cunningham, chief financial officer, submitted a
declaration in support of the Debtors' application, stating that
Hogan Lovells has represented the Debtors in several corporate
transactions dating back nearly 10 years.  Further, Hogan Lovells
represented the Debtors in the months prior to the Petition Date,
leading and coordinating the negotiations and settlement
discussions with the Debtors' secured lenders and the Litigation
Plaintiffs, including the negotiation and drafting of the Plan
Support Agreement and Plan Term Sheet now pending
approval before the Court.

The Debtors, in their application, stated that as general corporate
and special litigation and transactional counsel, Hogan
Lovells' services will involve advising the Debtors on all aspects
of the procedures and transactions relating to DIP financing, the
sale motion, and plan support agreement.

Hogan Lovells received an advance payment retainer in the amount of
$150,000 as security for its fees and disbursements in conjunction
with preparation for the cases.

In the months prior to the Petition Date, Hogan Lovells invoiced
the Debtors for work performed in negotiating and drafting the plan
support agreement and in preparation for their bankruptcy filings
in an aggregate amount of $1,393,712 and received payment in full
on those invoices.  These invoiced amounts included estimated fees
and expenses in preparing for the filing, which were then
reconciled with actual fees earned and expenses incurred, resulting
in a surplus to the Debtors in the amount of
$6,303.  This surplus will constitute a supplement to the general
Retainer for postpetition services and expenses.

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

                    About Signal International

Signal International Inc. -- http://www.signalint.com/-- primarily
engages in the business of offshore drilling rig overhaul, repair,
upgrade, and conversion, as well as new shipbuilding construction.
Additionally, Signal provides services to the general marine and
heavy fabrication markets for barges, power plants, and modular
construction.  

Signal International, LLC ("SI LLC"), was organized on Dec. 6,
2002, as a limited liability company after acquiring the assets of
the Offshore Division of Friede Goldman Halter from bankruptcy.  SI
Inc. was incorporated on Oct. 12, 2007, and began operations with
offshore fabrication and repair in Mississippi.  Today, Signal's
corporate headquarters are in Mobile, Alabama, with operations in
Alabama and Mississippi, and a sales office in Texas.

On Oct. 3, 2014, Signal International Texas, L.P., sold
substantially all of its assets to Westport Orange Shipyard, LLC,
in a partially seller-financed transaction for a total purchase
price of $35,900,000.  As part of the transaction, Westport
provided a down payment of $7,000,000 and delivered a promissory
note in the principal amount of $28,900,000 to SI Texas due on or
before Oct. 3, 2019 (the "Texas Note").

On July 12, 2015, SI Inc. and its direct and indirect wholly owned
subsidiaries, including SI LLC, commenced cases under chapter 11 of
title 11 of the United States Code (Bankr. D. Del. Lead Case No.
15-11498).

The Debtors tapped Young Conaway Stargatt & Taylor LLP as
bankruptcy counsel, Hogan Lovells US LLP as general corporate
counsel, GGG Partners, LLC, as financial and restructuring
advisors, and Kurtzman Carson Consultants LLC as claims and
noticing agent.

Signal International Inc. estimated $10 million to $50 million in
assets and $50 million to $100 million in debt.  Signal
International LLC disclosed total assets of $21,455,778 and total
liabilities of $90,637,746 as of the Chapter 11 filing.

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



SONIA INC: Case Summary & 15 Largest Unsecured Creditors
--------------------------------------------------------
Debtor: Sonia Inc
        1103 6th Street
        Anacortes, WA 98221

Case No.: 15-15154

Chapter 11 Petition Date: August 27, 2015

Court: United States Bankruptcy Court
       Western District of Washington (Seattle)

Judge: Hon. Marc Barreca

Debtor's Counsel: Thomas D Neeleman, Esq.
                  ATTORNEY AT LAW
                  1904 Wetmore Ave Ste 200
                  Everett, WA 98201
                  Tel: 425-212-4800
                  Email: courtmail@expresslaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Kamaljit Bagri, president.

A list of the Debtor's 15 largest unsecured creditors is available
for free at http://bankrupt.com/misc/wawb15-15154.pdf


STATION CASINOS: S&P Revises Outlook to Pos. & Affirms 'B' CCR
--------------------------------------------------------------
Standard & Poor's Ratings Services revised its rating outlook on
Las Vegas-based Station Casinos LLC to positive from stable and
affirmed all ratings on the company, including its 'B' corporate
credit rating.

"The outlook revision reflects our expectation that Station
Casinos' credit measures will continue to improve through 2016, as
a result of continued good operating performance coupled with debt
repayment," said Standard & Poor's credit analyst Stephen Pagano.



STELLAR BIOTECHNOLOGIES: To Effect a 1-for-10 Reverse Stock Split
-----------------------------------------------------------------
Stellar Biotechnologies, Inc., announced that, subject to
regulatory approval, the Company will proceed with a consolidation
of its issued and outstanding common shares on the basis of one
post-consolidated common Share for every 10 pre-consolidated
Shares.

The Company's Board of Directors approved the Reverse Split on Aug.
26, 2015, in preparation for its planned uplisting to the NASDAQ
Capital Market.  The Company has filed an application to have its
common stock approved for trading on NASDAQ and the Reverse Split
is intended to fulfill one of the quantitative requirements for
listing.  However, there can be no assurance that NASDAQ will
approve the Company's application or, if the Company's stock is
uplisted, that the Company will be able to maintain minimum listing
requirements.

"This reverse stock split is a key step in our growth strategy,"
said Frank Oakes, president, chief executive officer and chairman.
"We believe that the proposed uplisting to the NASDAQ Capital
Market offers a number of advantages including the opportunity to
improve liquidity for our shareholders and to increase Stellar's
visibility in the broader investment community and with
institutional investors."

The Reverse Split is subject to approval by the Financial Industry
Regulatory Authority and the TSX Venture Exchange.  The Company
anticipates that the Reverse Split will become effective on or
about Sept. 2, 2015.

                           About Stellar

Port Hueneme, Cal.-based Stellar Biotechnologies, Inc.'s
business is to commercially produce and market Keyhole Limpet
Hemocyanin ("KLH") as well as to develop new technology related to
culture and production of KLH and subunit KLH ("suKLH")
formulations.  The Company markets KLH and suKLH formulations to
customers in the United States and Europe.

KLH is used extensively as a carrier protein in the production of
antibodies for research, biotechnology and therapeutic
applications.

Stellar Biotechnologies reported a net loss of $8.43 million for
the year ended Aug. 31, 2014, a net loss of $14.5 million for the
year ended Aug. 31, 2013, and a net loss of $5.52 million for the
year ended Aug. 31, 2012.

As of June 30, 2015, the Company had $11.2 million in total assets,
$1.7 million in total liabilities and $9.4 million in total
shareholders' equity.


SUPERMEDIA LLC: Yellow Pages' Bid to Dismiss Appeal Partially OK'd
------------------------------------------------------------------
Judge Richard G. Andrews of the United States District Court for
the District of Delaware granted in part and denied in part Yellow
Pages Photos, Inc.,'s revised motion to dismiss SuperMedia, LLC's
appeal.

Yellow Pages filed a proof of claim seeking allowances of damages
against SuperMedia's bankruptcy estate for alleged violations that
occurred prior to the bankruptcy filing.  Yellow Pages alleged that
SuperMedia breached their license agreement and violated federal
copyright laws by misappropriating Yellow Pages' images.  Yellow
Pages also filed a motion for administrative expenses seeking to
recover for SuperMedia's alleged violations that continued to occur
after the bankruptcy filing, but before the effective date of the
plan of reorganization.

The bankruptcy court bifurcated trial into two stages to determine
liability, and then, if necessary, to assess damages.

After the first stage of trial, the bankruptcy court found that
SuperMedia had breached the license agreement and committed
copyright infringement, but concluded that these violations
occurred entirely pre-petition.  The bankruptcy court thus denied
Yellow Pages' request for an administrative expense claim, but
allowed its pre-petition claim.

SuperMedia filed a timely notice of appeal to the district court.
Yellow Pages filed a motion to dismiss the appeal.

Yellow Pages, largely focusing on the portion of the bankruptcy
court's opinion allowing the proof of claim, argued that the
district court lacks jurisdiction because the bankruptcy court's
order is not a final order.

SuperMedia, on the other hand, focused on the finality issues as it
pertained to the bankruptcy court's denial of the administrative
expenses claim.

Judge Andrews found that the bankruptcy court's decision denying
Yellow Pages' motion for administrative expenses is final for
purposes of 28 U.S.C. Section 158(a), because this decision fully
resolved a discrete claim and left nothing more for the court to
decide.  The judge thus held that his court has jurisdiction to
review this portion of the bankruptcy court's opinion.

Judge Andrews, however, dismissed the appeal with respect to the
bankruptcy court's allowance of Yellow Pages' pre-petition claim.
The judge found that this portion of the bankruptcy court's opinion
is not final as this issue remains only partially adjudicated as a
result of the bankruptcy court's procedural decision to bifurcate
trial and determine damages only at the second stage of the trial.

The case is SuperMedia, LLC, Appellant, v. Yellow Pages Photos,
Inc., Appellee, BANKRUPTCY CASE NO. 13-10546-KG, CIVIL ACTION NO.
15-129-RGA (D. Del.), relating to In re: SuperMedia, LLC, Chapter
11, Debtor.

A full-text copy of Judge Andrews' August 7, 2015 memorandum and
order is available at http://is.gd/B7Fqxxfrom Leagle.com.

SuperMedia LLC is represented by:

          Pauline K. Morgan, Esq.
          John T. Dorsey, Esq.
          Patrick A. Jackson, Esq.
          YOUNG, CONAWAY, STARGATT & TAYLOR LLP
          Rodney Square 1000 North King Street
          Wilmington, DE 19801
          Tel: (302) 571-6600
          Fax: (302) 571-1253
          Email: pmorgan@ycst.com
                 jdorsey@ycst.com
                 pjackson@ycst.com

Yellow Pages Photos Inc.

          Lucian Borders Murley, Esq.
          SAUL EWING LLP
          222 Delaware Avenue, Suite 1200
          Wilmington, DE 19899
          Tel: (302) 421-6800
          Fax: (302) 421-6813
          Email: lmurley@saul.com

             About Supermedia

Headquartered in D/FW Airport, Texas, SuperMedia Inc., formerly
known as Idearc, Inc., is a yellow pages directory publisher in the
United States. Its portfolio includes the Superpages directories,
Superpages.com, digital local search resource on both desktop and
mobile devices, the Superpages.com network, which is a digital
syndication network, and its Superpages direct mailers. SuperMedia
is the official publisher of Verizon, FairPoint and Frontier print
directories in the markets in which these companies are the
incumbent local telephone exchange carriers.  Idearc was spun off
from Verizon Communications, Inc., in 2006.

At Dec. 31, 2012, SuperMedia had approximately 3,200 employees, of
which approximately 950 or 30% were represented by unions.

SuperMedia and three affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 13-10545) on March 18, 2013, to
effectuate a merger of equals with Dex One Corp.  SuperMedia
disclosed total assets of $1.4 billion and total debt of $1.9
billion.

Morgan Stanley & Co. LLC is acting as financial advisors to
SuperMedia, and Cleary Gottlieb Steen & Hamilton LLP and Young
Conaway Stargatt & Taylor, LLP are acting as its legal counsel.
Fulbright & Jaworski L.L.P is special counsel.  Chilmark Partners
Is acting as financial advisor to SuperMedia's board of directors.
Epiq Systems serves as claims agent.

This is also SuperMedia's second stint in Chapter 11.  Idearc and
its affiliates filed for Chapter 11 protection (Bankr. N.D. Tex.
Lead Case No. 09-31828) in March 2009 and emerged from bankruptcy
in December 2009, reducing debt from more than $9 billion to $2.75
billion.


TAMMY LYNN BOWDEN: Bid for Sanctions for Stay Violation Granted
---------------------------------------------------------------
Judge Benjamin A. Kahn of the United States Bankruptcy Court for
the Middle District of North Carolina, Greensboro Division, granted
Tammy Lynn Bowden's motion for sanctions against Antonio Steele and
Barry Nakell for violation of automatic stay, and directed the
respondents to pay $2,540 to Bowden for actual damages and attorney
fees.

Prior to the filing of Bowden's bankruptcy petition on May 16,
2014, Steele obtained a judgment for trespass and conversion
against Bowden in an Orange County, North Carolina District Court
civil action.  Nakell represented Steele in the action.  Bowden
appealed, but on December 31, 2014, the North Carolina Court of
Appeals affirmed the judgment in Steele's favor, with the exception
of the trial court's denial of a small counterclaim filed by
Bowden.

After Bowden voluntarily dismissed the counterclaim, respondents
filed a Motion for Award of Attorney Fees in the state trial court,
seeking compensation for attorney's fees incurred in connection
with the appeal.

Shortly thereafter, Bowden filed her Motion for Sanctions, alleging
that the filing and prosecution of the fee request violated the
automatic stay provisions of 11 U.S.C. Section 362.  Bowden further
alleged that Nakell sought payment from her during the pendency of
the bankruptcy proceeding, by attempting to settle the fee request
on his client's behalf, and thereby committed another distinct,
willful violation of the automatic stay.

Respondents countered that the filing and prosecution of the fee
request did not constitute a violation of the automatic stay
because the fees at issue arose out of an appeal voluntarily
pursued by Bowden post-petition.

Judge Kahn did not find the respondents' argument that Bowden
"voluntarily" returned to the fray persuasive, correct, or
applicable in this case.  The judge explained that "The necessity
of the Debtor's actions in this case is directly analogous to a
debtor filing an objection to a filed proof of claim. If the Debtor
had not filed her pre-petition appeal of the state court judgment,
it would have become final and res judicata. In order to challenge
Respondents' claim, the Debtor was required to appeal the State
Court Judgment in the state court appellate process."         

The case is IN RE: Tammy Lynn Bowden, Debtor, CASE NO. 14-10545
(Bankr. M.D.N.C.).

A copy of Judge Kahn's August 5, 2015 memorandum opinion is
available at http://is.gd/dKagIUfrom Leagle.com.  


THORNTON & CO: Taps Green & Sklarz as Bankruptcy Counsel
--------------------------------------------------------
Thornton & Co., Inc., filed with the U.S. Bankruptcy Court for the
District of Connecticut an application to employ Green & Sklarz,
LLC as its general bankruptcy counsel, effective August 10, 2015.

G&S will perform general legal services, as needed, throughout the
pendency of this Chapter 11 case, including litigation and the
rendition of legal advice.

G&S will charge the Debtor for legal services according to its
customary hourly rates in effect on the date services are rendered.
G&S will maintain detailed records of any actual, necessary costs
or expenses that might be incurred in the performance of the
foregoing legal services.

The hourly rates for G&S's attorneys and support staff are:

                                    Hourly Rate
                                    -----------
             Eric L. Green             $400
             Jeffrey M. Sklarz         $400
             Arnold Y. Kapiloff        $550
             Kenneth M. Roshenthal     $325
             Nicholas W. Quesenberry   $275
             
             Staff Accountants         $200
             Paralegals                $150
             Legal Assistants           $75

G&S intends to apply to the Court for an award of compensation for
postpetition services and reimbursement of postpetition expenses,
pursuant to applicable law and procedural rules.

Mr. Jeffrey M. Sklarz attests that neither G&S nor any of its
attorneys represent any interest adverse to the Debtor or its
estate in the matters upon which G&S is to be engaged.  He says G&S
and its several attorneys are all "disinterested persons" within
the meaning of 11 U.S.C. Sec. 101(14).

                        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.


TRUMP ENTERTAINMENT: Atlantic City Union Barred from Messages
-------------------------------------------------------------
Wayne Parry, writing for The Associated Press, reported that a
judge banned an Atlantic City union from using a light projector to
beam critical messages onto the exterior walls of casinos owned or
about to be owned by billionaire Carl Icahn.

According to the report, Trump Entertainment Resorts got an
injunction barring Local 54 of the Unite Here union from beaming
the messages onto the Taj Mahal, the Tropicana, and the shuttered
Trump Plaza.  They used the projector to beam messages such as
"Boycott Taj" onto the walls of the casinos at night, a favorite
tactic during their yearlong battle with Icahn over benefits and
working conditions, the report related.

               About Trump Entertainment Resorts

Trump Entertainment Resorts Inc., owner of the Atlantic City
Boardwalk casinos that bear the name of Donald Trump, returned to
Chapter 11 bankruptcy (Bankr. D. Del. Case No. 14-12103) on Sept.
9, 2014, with plans to shutter its casinos.

TER and its affiliated debtors own and operate two casino hotels
located in Atlantic City, New Jersey.  TER said it will close the
Trump Taj Mahal Casino Resort by Sept. 16, 2014, and, absent union
concessions, the Trump Plaza Hotel and Casino by Nov. 13, 2104.

The Debtors have sought an order authorizing the joint
administration of their Chapter 11 cases and the consolidation
thereof for procedural purposes only.  Judge Kevin Gross presides
over the Chapter 11 cases.

The Debtors have tapped Young, Conaway, Stargatt & Taylor, LLP, as
counsel; Stroock & Stroock & Lavan LLP, as co-counsel; Houlihan
Lokey Capital, Inc., as financial advisor; and Prime Clerk LLC, as
noticing and claims agent.

TER estimated $100 million to $500 million in assets as of the
bankruptcy filing.

The Debtors as of Sept. 9, 2014, owe $285.6 million in principal
plus accrued but unpaid interest of $6.6 million under a first
lien debt issued under their 2010 bankruptcy-exit plan.  The
Debtors
also have trade debt in the amount of $13.5 million.

                         *     *     *

Judge Kevin Gross of the U.S. Bankruptcy Court for the District of
Delaware on March 12, 2015, confirmed Trump Entertainment Resorts,
Inc., et al.'s Third Amended Joint Plan of Reorganization and
Disclosure Statement pursuant to Section 1129 of the Bankruptcy
Code.

The Debtors filed on Jan. 5, 2015, the Plan and accompanying
Disclosure Statement to, among other things, provide that holders
of General Unsecured Claims will receive Distribution Trust
Interests, which will include $1 million in cash and the proceeds,
if any, of certain avoidance actions.  Under the revised plan,
holders of general unsecured claims are estimated to recover 0.47%
to 0.43% of their total allowed claim amount.  The Amended Plan
also includes language reflecting the recently-approved $20 million
loan from Carl Icahn.

A full-text copy of the Findings of Fact is available for free at:
http://bankrupt.com/misc/TRUMPENTERTAINMENT_Plan_Findings.pdf


TULARE LOCAL: Fitch Hikes Rating on 2007 Fixed Rate Bonds to 'BB-'
------------------------------------------------------------------
Fitch Ratings has upgraded the rating on $14,725,000 series 2007
fixed rate bonds issued by the Tulare Local Health Care District
d/b/a Tulare Regional Medical Center (TRMC) to 'BB-' from 'B'.

The Rating Outlook is Stable.

SECURITY

Debt payments are secured by a pledge of the gross revenues of
Tulare Local Health Care District.  A fully funded debt service
reserve fund provides additional security for bondholders.

KEY RATING DRIVERS

STABILIZATION ACHIEVED: The upgrade to 'BB-' from 'B' reflects
sustained evidence of operational and financial turnaround and
stabilization.  Following three years of large operating losses,
TRMC posted positive monthly operating income since April 2014.
Operating margin of 10.6% in fiscal 2015 (unaudited interim
results; June 30 year-end) was supported by volume growth, improved
payor mix, enhanced revenues, and expense control, the benefits of
which are likely to be ongoing.

PROGRESS ON CONSTRUCTION PLANS: The Stable Outlook reflects Fitch's
expectation that long-term financing will be secured to complete
TRMC's current tower construction project.  The hospital district
board recently voted to have a $55 million public financing measure
go to voters within the hospital district. Should the transaction
be approved, TRMC should be able to complete its tower project
without relying on the hospital's revenue stream.  Also, progress
has been made to the tower construction over the last year despite
limited funding sources, and the building is now fully enclosed and
sealed.

VERY HIGH GOVERNMENTAL PAYOR EXPOSURE: Medicare and MediCal
accounted for 77.5% of gross revenues in 2015, nearly a 10%
increase in just two years due to MediCal expansion.  Supplemental
funding receipts are also growing, and totaled $8.8 million in 2014
compared to $5.2 million in 2013.  A total of $11.3 million is
estimated for 2015 as management continues to leverage various
available intergovernmental and supplemental funding programs.
While supplemental funding dollars are expected to diminish
nationally over the next few years, Fitch believes the immediate
impact from participating in these programs is distinctly positive
for TRMC.

IMPROVING LIQUIDITY: TRMC's cash and investments grew 70% over the
last year, supported by stronger profitability and cash flows.
Liquidity metrics of 97.3 days cash on hand, 6.1x cushion ratio,
and 90.6% cash-to-debt are consistent with the 'BB-' rating.

RATING SENSITIVITIES

RESOLUTION OF LONG-TERM PROJECT FUNDING: Changes in the Tulare
Regional Medical Center's rating will likely be driven by the
resolution of its long-term funding requirements.  Approval of the
proposed public funding necessary to complete its tower
construction project could lead to positive rating action.  The
effect of alternative outside funding arrangements would be
evaluated, and TRMC's inability to address the uncertainties
related to project funding sources over the next 1-2 years could
lead to negative rating pressure.

OPERATIONAL STABILITY EXPECTED: In the meantime, Fitch expects TRMC
to sustain its operational and financial improvements, and continue
generating sufficient cash flows to produce satisfactory debt
service coverage ratios.  While not expected, reversal of the
current positive trend would lead to negative rating pressure.

CREDIT PROFILE

Tulare Local Health Care District, d/b/a Tulare Regional Medical
Center owns and operates a 112-bed hospital in the city of Tulare,
California.  Total operating revenue in FYE June 30, 2015
(unaudited interim results) was $80 million (exclusive of tax
revenues related to GO bonds debt service).  Since January 2014,
TRMC has been managed by HealthCare Conglomerate Associates (HCCA).
The current management agreement runs until 2029 with possible
extensions.

Stabilizing Operational and Financial Performance

Under HCCA's leadership, operating and financial performance
improved dramatically over the last 18 months.  Since April 2014,
TRMC has posted positive monthly operating income.  In fiscal 2015,
operating income was $8.5 million (10.6% operating margin) compared
to a loss of $2.2 million (negative 3.2% operating margin) in 2014
and a loss of $9.9 million in 2012 (negative 13% operating margin).
Similarly, operating EBITDA margin recovered to a strong 16.9% in
2015 compared to 4.4% the prior year.
Management attributes the turnaround to the integration of new
leaders throughout the organization who have conducted meticulous
review of operating efficiencies, supplemental revenue sources, and
expense savings.  The hospital workforce was completely privatized
in November 2014, resulting in a staff reduction of approximately
10% and a resulting structure that allows for better staff
management.  Additionally, the expansion of MediCal has led to
enhanced clinical volumes and a favorable shift in payor mix.
Now that operations have stabilized, management's goal is to
leverage all available supplemental funding programs in the state
and rebuild/expand its community network.  Management is budgeting
an operating income of $7 million (8.5% operating margin) for
fiscal 2016, which Fitch believes is achievable given sustainable
financial improvements put in place and limited competition in the
service area.

Construction Plans Progressing

TRMC has a construction project in progress featuring a 24-bed
emergency department, a new diagnostic department, a 16-bed
obstetric unit, four surgery suites, and 27 new private patient
rooms meeting seismic requirements.  This new expansion tower was
initially slated to open October 2012, but suffered disruptions due
to concrete delamination issues and ensuing conflicts with
contractors.

Since HCCA assumed overseeing the project in early 2014, TRMC was
able to complete the exterior framing of the building after
reaching an agreement with the previous contractors and
reviewing/renegotiating other existing contracts.  The original
general obligation (GO) bond funds were exhausted in fall 2014, and
improvements have since then been funded with internal equity.

The hospital district board voted unanimously to have a $55 million
public financing measure go to a vote by the residents of the
hospital district.  The vote is expected to take place early 2016.
Fitch views this development favorably, as the public financing
measure, if approved, would provide sufficient funding to complete
the construction project without affecting TRMC's cash flows.
Fitch believes the 'BB-' rating is supported by TRMC's current
financial and operating profile without taking into account the
impact of additional public funding sources, but also assumes that
the tower projects will not require TRMC to fund the project using
its internal cash and investments.

Improving Liquidity

Unrestricted cash and investments totaled $18 million at June 30,
2015, up from $10.6 million one year prior.  The improvement is
primarily attributable to improved operating cash flows and
measured capital spending related to the tower project.  Liquidity
metrics of 97.3 days cash on hand, 6.1x cushion ratio, and 90.6%
cash-to-debt are markedly improved from prior years, and are
consistent with the 'BB-' rating.

The TRMC board has approved the implementation of Cerner electronic
medical record system, which will essentially replace core
applications with a single system and is expected to cost around
$3.3 million.  Capital spending outside of the tower project and IT
is expected to be minimal.  Also, Fitch recognizes the somewhat
less predictable timing of supplemental funding receipts in
California, but believes TRMC now has a sufficient cash balance to
endure a degree of timing discrepancy.

DEBT PROFILE

At June 30, 2015, Tulare's revenue supported debt burden totaled
$19.8 million, consisting of $14.7 million in series 2007 bonds and
capital leases.  The debt is all fixed rate and produces a maximum
annual debt service (MADS) of $2.9 million, which declines to $1.3
million in fiscal 2017 following the final payment on the capital
lease.  Debt burden is relatively low, as measured by
debt-to-capitalization of 25.8% in 2015.  Supported by improved
cash flows, MADS coverage was a strong 5.3x in fiscal 2015, up from
1.2x in 2013 and 2014.  Not included in Fitch's calculation of
TRMC's long-term debt are $85 million existing GO bonds, which are
not rated by Fitch.  Since TRMC's GO debt is separately secured by
a special assessment on property taxes in the district, Fitch's
calculation of financial ratios excludes the GO debt and related
receipts.

DISCLOSURE

TRMC covenants to disclose annual financial statements within six
months of year-end and quarterly unaudited financial statements
within 30 days through the MSRB EMMA website.

Fitch notes that TRMC received an unmodified (clean) audit opinion
in 2014, following two years of going-concern opinions.
Additionally, TRMC is providing monthly financial statements to
EMMA for a specified period of time.  Current management has
emphasized focus on better reporting practices and have provided
consistent and timely disclosure since 2014, which is viewed
positively.



UNIVERSAL COOPERATIVES: Has Until Oct. 6 to File Plan
-----------------------------------------------------
Judge Mary F. Walrath of the U.S. Bankruptcy Court for the District
of Delaware gave Universal Cooperatives, Inc., et al., through and
including Oct. 6, 2015, to file their Chapter 11 plan and through
and including Dec. 4, 2015, to solicit acceptances of that plan.

This is the Debtors' fifth extension request and they have been
working cooperatively with the Official Committee of Unsecured
Creditors to prosecute the amended Plan and respond to inquiries
thereto.  Although the amended Plan has been filed and solicited,
and the Plan Proponents will seek its confirmation at the hearing
currently scheduled for September 3, 2015, the Debtors sought the
extension requested to preserve their exclusivity in the event that
the amended Plan is not confirmed and unexpected issues or
objections arise in connection therewith.

                      About Universal Cooperatives

As an inter-regional farm supply cooperative, Universal
Cooperatives, Inc. consolidates the purchasing power of its members
to procure, and/or manufacture, and distribute high quality
products at competitive prices. Universal has 14 voting members and
over 50 associate members.  

Eagan, Minnesota-based Universal Cooperatives and its affiliates
sought Chapter 11 protection (Bankr. D. Del. Lead Case No.
14-11187) on May 11, 2014.  The debtor-affiliates are Heritage
Trading Company, LLC; Bridon Cordage LLC; Universal Crop Protection
Alliance, LLC; Agrilon International, LLC; and zavalon, Inc.  UCI
do Brasil, a majority-owned subsidiary located in Brazil, is not a
debtor in the Chapter 11 cases.  

The cases are assigned to Judge Mary F. Walrath.

Universal Cooperatives disclosed $12.09 million in assets and $29.3
million in liabilities as of the Chapter 11 filing.  

The Debtors have tapped Travis G. Buchanan, Esq., Robert S.
Brady, Esq., Andrew L. Magaziner, Esq., and Travis G. Buchanan,
Esq., at Young Conaway Stargatt & Taylor, LLP; and Mark L. Prager,
Esq., Michael J. Small, Esq., and Emil P. Khatchatourian, Esq., at
Foley  & Lardner LLP, as counsel; The Keystone Group, as financial
advisor and Prime Clerk as notice and claims agent.  

Bank of America, N.A., as agent for the DIP Lenders, is represented
by Daniel J. McGuire, Edward Kosmowski, Esq., and Gregory M.
Gartland, Esq., at Winston & Strawn, LLP.  

The United States Trustee for Region 3 appointed seven members
to the Official Committee of Unsecured Creditors, which is
represented by Sharon Levine, Esq., Bruce S. Nathan, Esq., and
Timothy R. Wheeler, Esq., at Lowenstein Sandler LLP, in Roseland,
New Jersey; and Jamie L. Edmonson, Esq., and Daniel A. O'Brien,
Esq., at  Venable LLP, in Wilmington, Delaware.

                         *     *     *

The U.S. Bankruptcy Court for the District of Delaware will convene
a hearing to consider confirmation of Universal Cooperatives, Inc.,
et al.'s Joint Plan of Liquidation on Sept. 3, 2015, at 10:30 a.m.
(ET), following approval of the disclosure statement explaining the
Plan on July 20.

The Modified Plan incorporates a settlement with the Pension
Benefit Guaranty Corporation.  The Plan Settlement Agreement
provides, among other terms, that on account of the PBGC Liens and
the Pension Claims for unpaid minimum funding contributions to the
Pension Plan, PBGC is allowed the PBGC Allowed Administrative Claim
in the amount of $1,084,101, which claim will be paid in full on or
prior to the Effective Date.  PBGC is also allowed the Allowed PBGC
GUC Claims in the amount of $14,277,666, which Claims are Allowed
against each Debtor.

The Plan, which is co-proposed by the Official Committee of
Unsecured Creditors, follows the sale of Bridon Cordage LLC's and
Heritage Trading Company, LLC's assets, as well as certain of
Universal's assets, to BCHU Acquisition LLC, for approximately
$22,460,000, and Universal's Eagen, Minnesota headquarters to
Gloria Real Estate Holdings for $3,800,000.

A full-text copy of the Approved Disclosure Statement dated April
21, 2015, is available at http://bankrupt.com/misc/UCIds0721.pdf


USA DISCOUNTERS: Seeks to Reject 27 USA Living Leases
-----------------------------------------------------
USA Discounters, Ltd., and its affiliated debtors are asking the
U.S. Bankruptcy Court for the District of Delaware to authorize the
rejection of 27 leases affected by the closure of all "USA Living"
stores and warehouse locations on or before Aug. 21, 2015.

The closures occurred in three general waves:

   * First, on or before June 30, 2015, USA Discounters surrendered
three leases in connection with the closure of three of its "USA
Living" stores.  USA Discounters has ceased operations at these
Leased Premises, has no further use for these Leased Premises, and
on or before June 30, 2015, USA Discounters irrevocably surrendered
each of these Leased Premises and abandoned any property remaining
at these Leased Premises.  In addition, since on or before June 30,
2015, the Landlords in respect of these Leased Premises have been
in sole possession of these Leased Premises.

   * Second, on or before July 31, 2015, USA Discounters
surrendered 14 leases in connection with the closure of fourteen
more of its "USA Living" stores, as well as one warehouse.  USA
Discounters has ceased operations at these Leased Premises, has no
further use for these Leased Premises, and on or before July 31,
2015, USA Discounters irrevocably surrendered each of these Leased
Premises and abandoned any property remaining at these Leased
Premises, other than property that did not belong to USA
Discounters (such as certain leased photocopy machines).  In
addition, since on or before July 31, 2015, the Landlords in
respect of these Leased Premises have been in sole possession of
these Leased Premises.

   * Third, on or before Aug. 21, 2015, USA Discounters surrendered
seven leases in connection with the closure of its seven remaining
"USA Living" stores and two leases in connection with its two
remaining warehouses.  USA Discounters has ceased operations at
these Leased Premises, has no further use for these Leased
Premises, and on or before Aug. 21, 2015, USA Discounters
irrevocably surrendered each of these Leased Premises and abandoned
any property remaining at these Leased Premises, other than
property that did not belong to USA Discounters (such as certain
leased copy machines).  In addition, since on or before Aug. 21,
2015, the Landlords in respect of these Leased Premises have been
in sole possession of these Leased Premises.

Laura Davis Jones, Esq., at Pachulski Stang Ziehl & Jones LLP,
explains that the Debtors have provided sufficient notice to the
Landlords of their irrevocable surrender of the Leased Premises
before the Petition Date.  First, on or before Aug. 21, 2015 USA
Discounters vacated each Leased Premises.  Second, on various dates
on or before Aug. 21, 2015, USA Discounters sent to each Landlord,
via overnight Federal Express, a letter informing the Landlords
that the letter served as written notice that USA Discounters
thereby surrendered the Leased Premises and unequivocally- and
irrevocably delivered possession to the applicable Landlord
effective as of the date specified in the applicable letter.  The
letters also stated that USA Discounters had irrevocably abandoned
and forfeited to the Landlords any and all property located in the
Leased Premises.  Finally, enclosed with each letter to the
applicable Landlord were the keys for the respective Leased
Premises, except with respect the Leased Premises located at 451
Oriana Road, Newport News, Virginia, far which the keys were
previously turned over to the Landlord on June 26, 2015.

The Prepetition Agent has waived any rights it may have had in any
Remaining Property as of the date and time of USA Discounters'
abandonment and forfeiture thereof in favor of the Landlords.

                      About USA Discounters

USA Discounters was founded in May 1991. in the City of Norfolk,
Virginia, under the name USA Furniture Discounters, Ltd.  It sold
goods through two groups of stores -- one group of specialty
retail
stores operating under the "USA Living" brand, typically in
standalone locations, and seven additional retail stores operating
under the "Fletcher's Jewelers" brand, typically in major shopping
malls.

USA Discounters, Ltd., and two affiliates sought Chapter 11
bankruptcy protection (Bankr. D. Del. Lead Case No. 15-11755) on
Aug. 24, 2015, to wind down the business.

The Debtors tapped Pachulski Stang Ziehl & Jones LLP and Klee,
Tuchin, Bogdanoff & Stern LLP as attorneys, and Kurtzman Carson
Consultants, LLC, as claims and noticing agent.

USA Discounters estimated $100 million to $500 million in assets
and $50 million to $100 million in liabilities.


VICTORY ENERGY: Aurora Gets Forbearance From Texas Capital Bank
---------------------------------------------------------------
Aurora Energy Partners, a partnership of which Victory Energy
Corporation is the managing partner and owner of 50% of the
outstanding partnership interests, completed the necessary steps to
place into effect an executed Replacement Forbearance Agreement
dated as of Aug. 21, 2015, to the Credit Agreement, dated as of
Feb. 20, 2014, by and between Aurora and Texas Capital Bank,
National Association.  Loans made to Aurora under the Credit
Agreement are fully guaranteed by the Company and Navitus Energy
Group.

Pursuant to the Forbearance Agreement, the Lender has agreed to
forbear from exercising any of its rights and remedies under the
Credit Agreement beginning as of the Effective Date until Aug. 31,
2015, with respect to the following existing events of default
under the Credit Agreement:

   (i) the failure by Aurora to pay the $300,000 deficiency amount
       to the Lender in full as set forth in that certain
       deficiency notice letter from the Lender to Aurora dated as
       of April 13, 2015;

  (ii) the failure by Aurora to timely deliver the quarterly
       financial statements of the Company and its Subsidiaries
       and related Compliance Certificate for the fiscal quarter
       ended March 31, 2015;

(iii) the failure by Aurora to maintain a ratio of EBITDAX to
       Cash Interest Expense of at least 3.50 to 1.00 for the Test
       Period ended March 31, 2015, and June 30, 2015;

  (iv) the failure by Aurora to maintain a Current Ratio of at
       least 1.00 to 1.00 for the quarter ended June 30, 2015;

   (v) the failure by Aurora to pay accrued interest on June 1,
       2015, July 1, 2015, and Aug. 2, 2015; and

  (vi) the failure by Aurora to make the payment required under
       Section 2.9(e) of the Credit Agreement on or before June 1,
       2015, July 2, 2015, and Aug. 1, 2015.

The Forbearance Period will end on the first to occur of the
following: (i) the expiration of the Forbearance Period on
Aug. 31, 2015, (ii) a breach by Aurora or any Guarantor of any of
the conditions, covenants, representations and/or warranties set
forth in the Forbearance Agreement, (iii) the occurrence of any new
event of default under the Credit Agreement, (iv) the occurrence or
threat of the occurrence of any enforcement action against Aurora
or the Guarantors by any of their creditors which, in Lender's
reasonable judgement, would materially interfere with the operation
of Aurora's or the Guarantor's business or the Lender's ability to
collect on the obligations due under the Credit Agreement, (v) the
institution of any bankruptcy proceeding relating to Aurora or any
Guarantor, or (vi) the initiation by Aurora or any Guarantor of
judicial, administrative or arbitration proceedings against the
Lender.

The Lender's agreement to forbear from exercising its rights and
remedies as a result of the Existing Events of Default is subject
to and conditioned upon the following: (i) the payment to the
Lender of at least $260,000 on or before August 31, 2015 and (ii)
within 15 days of Aug. 21, 2015, the delivery of satisfactory title
information with respect to the oil and gas properties acquired by
the Company and operated by Penn Virginia Oil & Gas, LP in Gonzalez
and Lavaca Counties, Texas, and (iii) the delivery of those other
documents, instruments and certificates as reasonably requested by
Lender.

                       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.


VICTORY ENERGY: Incurs $1.3 Million Net Loss in Second Quarter
--------------------------------------------------------------
Victory Energy Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $1.3 million on $269,631 of oil and gas revenues for the three
months ended June 30, 2015, compared to net income of $1.3 million
on $237,977 of oil and gas revenues for the same period in 2014.

For the six months ended June 30, 2015, the Company reported a  net
loss of $3.01 million on $398,199 of oil and gas revenues compared
to net income of $851,671 on $432,960 of oil and gas revenues for
the same period last year.

As of June 30, 2015, the Company had $1.8 million in total assets,
$3.9 million in total liabilities and a total stockholders' deficit
of $2.1 million.

At June 30, 2015, the Company had a working capital deficit of
$3,795,024 compared to a working capital deficit of $2,441,324 at
Dec. 31, 2014.  Current liabilities increased to $3,966,130 at June
30, 2015, from $2,632,043 at Dec. 31, 2014.

"Though we continue to face a challenging and uncertain commodity
price environment, we made important progress during the quarter at
accomplishing a number of strategic objectives we set for ourselves
at the beginning of the year.  Even without a commodity price hedge
position, we were able to increase both daily production and
revenues compared to the three months ended
June 30, 2014.  To prepare ourselves for opportunistic
acquisitions, we were also able to establish a significant
investment banking relationship and hope to begin deploying capital
from that $75 million credit facility in the near future. We have
already identified and began negotiating with a handful of sellers
interested in divesting their proved producing properties. I'm
hopeful that commodity prices will stabilize so that we have a more
clear valuation model to negotiate and base our decisions on for
these opportunities," said Kenny Hill, chief executive officer of
Victory Energy.

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

                       http://is.gd/iLB3WL

                      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.

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: Posts C$2.3 Million Net Income for Q2
-------------------------------------------------------
Viscount Systems, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
of C$2.3 million on C$2.1 million of sales for the three months
ended June 30, 2015, compared to a net loss of C$1.24 million on
C$1.35 million of sales for the same period during the prior year.

For the six months ended June 30, 2015, the Company reported net
income of C$2.43 million on C$3.40 million of sales compared to a
net loss of C$3.06 million on C$2.3 million of sales for the same
period in 2014.

As of June 30, 2015, the Company had C$1.84 million in total
assets, C$1.74 million in total liabilities, C$16,696 in
convertible redeemable preferred stock and C$88,796 in total
stockholders' equity.

The Company has an accumulated deficit of C$10,268,354 and reported
operating income for the three months ended June 30, 2015, of
C$318,890, and for the six months ended June 30, 2015, an operating
loss of C$162,640.  The Company said its ability to sustain the
current level of operations is dependent on growing sales and
achieving profits.

Cash as of June 30, 2015, as compared to Dec. 31, 2014, was
C$233,434 and C$190,308, respectively, an increase of C$43,126.

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

                        http://is.gd/glZvia

                       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.

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.


WESTMORELAND RESOURCE: Presented at Citi 2015 MLP Conference
------------------------------------------------------------
Westmoreland Resource Partners made an investor presentation on
Aug. 20, 2015, at the Citi 2015 MLP / Midstream Infrastructure
Conference.  A copy of the slides used at the presentation is
available for free at http://is.gd/f0Qf40

                    About Westmoreland Resource

Oxford Resource Partners, LP, now known as Westmoreland Resource
Partners, LP, is a producer of high value steam coal, and is the
largest producer of surface mined coal in Ohio.

Westmoreland Resource reported a net loss of $28.6 million on $322
million of total revenues for the year ended Dec. 31, 2014,
compared with a net loss of $23.7 million on $347 million
of total revenues for the year ended Dec. 31, 2013.

As of June 30, 2015, Westmoreland Resource had $289.9 million in
total assets, $234.7 million in total liabilities and $55.2 million
in total partners' capital.


WINLAND OCEAN: U.S. Trustee Wins Dismissal of Cases
---------------------------------------------------
The Hon. David R. Jones of the U.S. Bankruptcy Court for the
Southern District of Texas granted the motion of the U.S. Trustee
to dismiss the Chapter 11 cases of Winland Ocean Shipping Corp., et
al.

As reported in the Troubled Company Reporter on July 13, 2015,
China Merchants Bank Co. Ltd., the principal creditor of the
Debtor, opposed the motion of the U.S. Trustee to dismiss the
cases, stating that dismissal would be patently unfair to CMB.

The Court, on June 5, 2015, granted CMB's motion for relief from
the automatic stay and entered the stay order, which, among other
things, authorized CMB to arrest, and commence and continue,
foreclosure proceedings with respect to two dry bulk vessels which
comprise CMB's collateral.  However, one vessel, the M.V. Fon Tai,
remains under the Debtors' control and has not been turned over to
CMB.

CMB related that in the June 8 motion, Judy A. Robbins, the U.S.
Trustee cited that Matthew S. Okin, the Debtors' general bankruptcy
counsel for the Debtors, has informed the U.S. Trustee that the
Debtors' principal Mr. Li [Honglin] and the other directors have
resigned and someone new is running the company, and that the
Debtors, through their new director, dismissed Robert E. Ogle as
chief restructuring officer.

CMB asserted that the Court must not surrender jurisdiction without
at least expending reasonable efforts to assist CMB to obtain
possession of the M.V. Fon Tai, resolve the adversary proceeding in
full and otherwise tie down any remaining loose ends.

The U.S. Trustee explained that that the Court must dismiss the
cases on these grounds:

   a) substantial or continuing loss to or diminution of the estate
and the absence of a reasonable likelihood of rehabilitation; and

   b) failure to file a disclosure statement, or to file or confirm
a plan, within the time fixed by this title or by order of the
Court.

                    About Winland Ocean Shipping

Winland Ocean Shipping Corp. is mainly engaged in ocean
transportation of dry bulk cargoes worldwide through the ownership

and operation of dry bulk vessels and chartering brokerage
services. The company operates in the People's Republic of China,
Japan, Korea, the Russian Federation, and southern and eastern
Asia.  Winland Ocean Shipping is based in Sheung Wan, Hong Kong.

Winland Ocean Shipping Corporation and its five affiliates sought
protection under Chapter 11 of the Bankruptcy Code on Feb. 12,
2015

(Bankr. S.D. Tex., Case No. 15-60007).  The case is assigned to
Judge David R Jones. The Debtors are represented by Matthew Scott
Okin, Esq., George Y.  Nino, Esq., and Ruth E. Piller, Esq., at
Okin & Adams LLP, in Houston, Texas.  The petition was signed by
Robert E. Ogle, chief restructuring officer.

The U.S. trustee overseeing the Chapter 11 case of Winland Ocean
Shipping Corp. appointed five creditors of the company to serve on
the official committee of unsecured creditors.



WORLD ACCEPTANCE: S&P Affirms 'B+' ICR, Outlook Remains Negative
----------------------------------------------------------------
Standard & Poor's Ratings Services said that it affirmed its 'B+'
issuer credit rating on World Acceptance Corp.  The outlook remains
negative.

"Regulatory risk has escalated for World Acceptance and other
nonbank finance companies that target the deep subprime sector of
consumer finance," said Standard & Poor's credit analyst Shakir
Taylor.

On Aug. 7, World Acceptance received a Notice and Opportunity to
Respond and Advise (NORA) letter notifying the company that the
CFPB Enforcement Office is considering legal action against the
company based on possible violations germane to the Consumer
Financial Protection Act of 2010.

The announcement follows a regulatory probe, which originated in
March 2014 with a Civil Investigative Demand that the CFPB issued
to investigate practices related to World Acceptance's unsecured
lending and collections operations.  The company believes that its
marketing and lending practices are lawful and intends to make a
NORA submission to the CFPB.

While the timing and the magnitude of the potential enforcement
action is unclear, S&P believes that it could hurt World
Acceptance's profitability.  The company may have to pay a fine and
may also have to adapt certain aspects of its lending or collection
practices in a manner that could reduce origination volumes.

The negative outlook reflects the unresolved status regarding the
company's NORA letter from the CFPB and S&P's view that the company
remains highly exposed to regulatory and operational risks, which
are likely to intensify and may hamper volume and profit growth
within the next two years.

S&P could lower its rating if the company does not demonstrate an
ability to diversify its funding sources in advance of the initial
step down on its revolving credit facility.  S&P may also lower its
rating on World Acceptance if regulatory, legislative, or
operational obstacles cause a significant decline in earnings, cash
flow, or tangible equity to levels that would begin to bring its
compliance with existing covenants into question or raise its
leverage above a debt-to-adjusted total equity ratio of 2.75x.

S&P may revise the outlook to stable if the company is able to
successfully diversify its funding sources without significantly
weakening margins and prove its ability to navigate through
impending regulatory hurdles.  This would be evidenced by the
company's growth while maintaining conservative leverage, strong
profitability, and resiliency against the recent surge of new
consumer lending entrants.



Z'TEJAS SCOTTSDALE: Cornbread Ventures Acquires Company
-------------------------------------------------------
Virginia B. Wood, writing for The Austin Chronicle, reports that
Cornbread Ventures has acquired Z'Tejas Southwestern Grill.  The
report adds that no major changes are planned in the outlets.

Russ Wiles at The Arizona Republic relates that Z'Tejas
Southwestern is set to emerge from bankruptcy after the sale of the
chain.  According to the report, Cornbread Ventures announced the
signing of an agreement to buy Z'Tejas, and said that the five
Arizona locations, and three in Texas, will remain open.

The Orange County Register notes that the restaurant at South Coast
Plaza in Costa Mesa -- the Company's sole California location --
will close near the end of this month.

                     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.

Lender Cornbread Ventures, LP, is represented by Jordan A. Kroop,
Esq., at Perkins Coie LLP, in Phoenix, Arizona.


[^] BOND PRICING: For the Week from Aug. 24 to 28, 2015
-------------------------------------------------------
   Company                Ticker Coupon  Bid Price  Maturity Date
   -------                ------ ------  ---------  -------------
ACE Cash Express Inc      AACE    11.000    40.500       2/1/2019
ACE Cash Express Inc      AACE    11.000    48.000       2/1/2019
Affinion Investments LLC  AFFINI  13.500    45.625      8/15/2018
Alpha Natural
  Resources Inc           ANR      6.000     2.900       6/1/2019
Alpha Natural
  Resources Inc           ANR      9.750     2.700      4/15/2018
Alpha Natural
  Resources Inc           ANR      6.250     2.650       6/1/2021
Alpha Natural
  Resources Inc           ANR      7.500    10.250       8/1/2020
Alpha Natural
  Resources Inc           ANR      3.750     0.500     12/15/2017
Alpha Natural
  Resources Inc           ANR      4.875     3.000     12/15/2020
Alpha Natural
  Resources Inc           ANR      7.500    10.625       8/1/2020
Alpha Natural
  Resources Inc           ANR      7.500    25.500       8/1/2020
American Eagle
  Energy Corp             AMZG    11.000    35.000       9/1/2019
American Eagle
  Energy Corp             AMZG    11.000    35.500       9/1/2019
Arch Coal Inc             ACI      7.000    17.000      6/15/2019
Arch Coal Inc             ACI      9.875    18.212      6/15/2019
Arch Coal Inc             ACI      7.250    12.300      10/1/2020
Arch Coal Inc             ACI      7.250    13.000      6/15/2021
Arch Coal Inc             ACI      8.000    14.063      1/15/2019
Arch Coal Inc             ACI      8.000     9.600      1/15/2019
BPZ Resources Inc         BPZR     8.500    11.500      10/1/2017
BPZ Resources Inc         BPZR     6.500    10.250       3/1/2015
BPZ Resources Inc         BPZR     6.500    10.250       3/1/2049
Caesars Entertainment
  Operating Co Inc        CZR     10.000    30.438     12/15/2018
Caesars Entertainment
  Operating Co Inc        CZR     12.750    32.500      4/15/2018
Caesars Entertainment
  Operating Co Inc        CZR      6.500    35.500       6/1/2016
Caesars Entertainment
  Operating Co Inc        CZR     10.750    26.813       2/1/2016
Caesars Entertainment
  Operating Co Inc        CZR     10.000    32.500     12/15/2018
Caesars Entertainment
  Operating Co Inc        CZR      5.750    40.000      10/1/2017
Caesars Entertainment
  Operating Co Inc        CZR     10.000    30.625     12/15/2018
Caesars Entertainment
  Operating Co Inc        CZR     10.000    30.625     12/15/2018
Caesars Entertainment
  Operating Co Inc        CZR     10.000    27.500     12/15/2018
Caesars Entertainment
  Operating Co Inc        CZR      5.750    12.250      10/1/2017
Caesars Entertainment
  Operating Co Inc        CZR     10.750    27.000       2/1/2016
Cal Dive
  International Inc       CDVI     5.000     0.470      7/15/2017
Champion
  Enterprises Inc         CHB      2.750     0.250      11/1/2037
Chassix Holdings Inc      CHASSX  10.000     8.000     12/15/2018
Chassix Holdings Inc      CHASSX  10.000     8.000     12/15/2018
Chassix Holdings Inc      CHASSX  10.000     8.000     12/15/2018
Claire's Stores Inc       CLE      8.875    40.140      3/15/2019
Claire's Stores Inc       CLE      7.750    34.750       6/1/2020
Claire's Stores Inc       CLE     10.500    73.200       6/1/2017
Claire's Stores Inc       CLE      7.750    35.000       6/1/2020
Colt Defense LLC /
  Colt Finance Corp       CLTDEF   8.750    31.000     11/15/2017
Colt Defense LLC /
  Colt Finance Corp       CLTDEF   8.750    12.375     11/15/2017
Colt Defense LLC /
  Colt Finance Corp       CLTDEF   8.750    12.375     11/15/2017
Community Choice
  Financial Inc           CCFI    10.750    35.000       5/1/2019
Comstock Resources Inc    CRK      7.750    29.353       4/1/2019
Comstock Resources Inc    CRK      9.500    31.500      6/15/2020
Constellation
  Enterprises LLC         CONENT  10.625    84.500       2/1/2016
Constellation
  Enterprises LLC         CONENT  10.625    84.000       2/1/2016
Dendreon Corp             DNDN     2.875    71.625      1/15/2016
Emerald Oil Inc           EOX      2.000    33.000       4/1/2019
Endeavour
  International Corp      END     12.000     9.500       3/1/2018
Endeavour
  International Corp      END     12.000     0.750       6/1/2018
Endeavour
  International Corp      END     12.000     9.500       3/1/2018
Endeavour
  International Corp      END     12.000     9.500       3/1/2018
Energy & Exploration
  Partners Inc            ENEXPR   8.000    19.875       7/1/2019
Energy & Exploration
  Partners Inc            ENEXPR   8.000    19.375       7/1/2019
Energy Conversion
  Devices Inc             ENER     3.000     7.875      6/15/2013
Energy Future
  Intermediate Holding
  Co LLC / EFIH
  Finance Inc             TXU     10.000     1.850      12/1/2020
Energy Future
  Intermediate Holding
  Co LLC / EFIH
  Finance Inc             TXU     10.000     1.875      12/1/2020
Energy Future
  Intermediate Holding
  Co LLC / EFIH
  Finance Inc             TXU      6.875     1.875      8/15/2017
Energy XXI Gulf
  Coast Inc               EXXI     9.250    30.489     12/15/2017
Energy XXI Gulf
  Coast Inc               EXXI     7.500    19.000     12/15/2021
Energy XXI Gulf
  Coast Inc               EXXI     6.875    12.900      3/15/2024
Energy XXI Gulf
  Coast Inc               EXXI     7.750    21.685      6/15/2019
EPL Oil & Gas Inc         EXXI     8.250    42.125      2/15/2018
EXCO Resources Inc        XCO      7.500    36.000      9/15/2018
EXCO Resources Inc        XCO      8.500    29.620      4/15/2022
FairPoint
  Communications
  Inc/Old                 FRP     13.125     1.879       4/2/2018
FBOP Corp                 FBOPCP  10.000     1.843      1/15/2009
Federal Agricultural
  Mortgage Corp           FAMCA    0.403    99.959      12/3/2018
Federal Home Loan Banks   FHLB     3.500   100.026       3/4/2033
Fleetwood
  Enterprises Inc         FLTW    14.000     3.557     12/15/2011
Goodman Networks Inc      GOODNT  12.125    38.989       7/1/2018
Goodrich Petroleum Corp   GDP      8.875    19.175      3/15/2019
Goodrich Petroleum Corp   GDP      5.000    18.520      10/1/2032
Goodrich Petroleum Corp   GDP      8.875    18.875      3/15/2019
Goodrich Petroleum Corp   GDP      8.875    18.875      3/15/2019
GT Advanced
  Technologies Inc        GTAT     3.000    28.100      10/1/2017
Gymboree Corp/The         GYMB     9.125    31.500      12/1/2018
Hercules Offshore Inc     HERO     8.750    24.000      7/15/2021
Hercules Offshore Inc     HERO     6.750    27.250       4/1/2022
Hercules Offshore Inc     HERO    10.250    32.500       4/1/2019
Hercules Offshore Inc     HERO     7.500    31.250      10/1/2021
Hercules Offshore Inc     HERO     8.750    24.000      7/15/2021
Hercules Offshore Inc     HERO     7.500    35.250      10/1/2021
Hercules Offshore Inc     HERO     6.750    37.400       4/1/2022
Hercules Offshore Inc     HERO    10.250    24.750       4/1/2019
Interactive Network
  Inc / FriendFinder
  Networks Inc            FFNT    14.000    57.063     12/20/2018
JB Hunt Transport
  Services Inc            JBHT     3.375   100.011      9/15/2015
Las Vegas Monorail Co     LASVMC   5.500     1.026      7/15/2019
Lehman Brothers
  Holdings Inc            LEH      4.000     8.875      4/30/2009
Lehman Brothers
  Holdings Inc            LEH      5.000     8.875       2/7/2009
Lehman Brothers Inc       LEH      7.500     1.090       8/1/2026
Magnetation LLC /
  Mag Finance Corp        MAGNTN  11.000    31.000      5/15/2018
Magnetation LLC /
  Mag Finance Corp        MAGNTN  11.000    13.250      5/15/2018
Magnetation LLC /
  Mag Finance Corp        MAGNTN  11.000    13.250      5/15/2018
MF Global Holdings Ltd    MF       6.250    15.000       8/8/2016
MF Global Holdings Ltd    MF       9.000    15.000      6/20/2038
MF Global Holdings Ltd    MF       3.375    15.000       8/1/2018
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC        MPO     10.750    32.000      10/1/2020
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC        MPO      9.250    26.000       6/1/2021
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC        MPO     10.750    29.750      10/1/2020
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC        MPO     10.750    29.750      10/1/2020
MModal Inc                MODL    10.750    10.125      8/15/2020
Molycorp Inc              MCP     10.000    15.875       6/1/2020
Molycorp Inc              MCP      6.000     0.125       9/1/2017
Molycorp Inc              MCP      5.500     0.500       2/1/2018
New Gulf Resources LLC/
  NGR Finance Corp        NGREFN  12.250    30.500      5/15/2019
New Gulf Resources LLC/
  NGR Finance Corp        NGREFN  12.250    36.500      5/15/2019
New Gulf Resources LLC/
  NGR Finance Corp        NGREFN  12.250    55.250      5/15/2019
Nine West Holdings Inc    JNY      6.875    21.500      3/15/2019
Noranda Aluminum
  Acquisition Corp        NOR     11.000    33.390       6/1/2019
OMX Timber Finance
  Investments II LLC      OMX      5.540    17.250      1/29/2020
Peabody Energy Corp       BTU      6.000    32.950     11/15/2018
Peabody Energy Corp       BTU      6.250    26.674     11/15/2021
Peabody Energy Corp       BTU      6.500    25.494      9/15/2020
Peabody Energy Corp       BTU      6.000    31.500     11/15/2018
Peabody Energy Corp       BTU      6.250    24.750     11/15/2021
Peabody Energy Corp       BTU      6.000    31.500     11/15/2018
Peabody Energy Corp       BTU      6.250    24.750     11/15/2021
Penn Virginia Corp        PVA      8.500    29.100       5/1/2020
Penn Virginia Corp        PVA      7.250    26.250      4/15/2019
Permian Holdings Inc      PRMIAN  10.500    56.500      1/15/2018
Permian Holdings Inc      PRMIAN  10.500    56.125      1/15/2018
Powerwave
  Technologies Inc        PWAV     2.750     0.125      7/15/2041
Powerwave
  Technologies Inc        PWAV     1.875     0.125     11/15/2024
Powerwave
  Technologies Inc        PWAV     1.875     0.125     11/15/2024
Quicksilver
  Resources Inc           KWKA     9.125     8.000      8/15/2019
Quicksilver
  Resources Inc           KWKA    11.000     9.500       7/1/2021
Quiksilver Inc /
  QS Wholesale Inc        ZQK     10.000    25.756       8/1/2020
RadioShack Corp           RSH      6.750     0.750      5/15/2019
RadioShack Corp           RSH      6.750     0.945      5/15/2019
RadioShack Corp           RSH      6.750     0.945      5/15/2019
Sabine Oil & Gas Corp     SOGC     7.250    15.750      6/15/2019
Sabine Oil & Gas Corp     SOGC     9.750    12.000      2/15/2017
Sabine Oil & Gas Corp     SOGC     7.500    21.250      9/15/2020
Sabine Oil & Gas Corp     SOGC     7.500    10.125      9/15/2020
Sabine Oil & Gas Corp     SOGC     7.500    10.125      9/15/2020
SandRidge Energy Inc      SD       7.500    29.500      3/15/2021
SandRidge Energy Inc      SD       8.750    31.000      1/15/2020
SandRidge Energy Inc      SD       8.125    29.500     10/15/2022
SandRidge Energy Inc      SD       7.500    27.625      3/15/2021
SandRidge Energy Inc      SD       7.500    27.625      3/15/2021
Savient
  Pharmaceuticals Inc     SVNT     4.750     0.225       2/1/2018
Sequa Corp                SQA      7.000    53.250     12/15/2017
Sequa Corp                SQA      7.000    53.125     12/15/2017
SITEL LLC /
  Sitel Finance Corp      SITEL   11.500    97.350       4/1/2018
SquareTwo Financial Corp  SQRTW   11.625    53.594       4/1/2017
Swift Energy Co           SFY      7.875    26.500       3/1/2022
Swift Energy Co           SFY      7.125    30.900       6/1/2017
Swift Energy Co           SFY      8.875    24.700      1/15/2020
Terrestar Networks Inc    TSTR     6.500    10.000      6/15/2014
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc             TXU     15.000    15.500       4/1/2021
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc             TXU     10.500    12.188      11/1/2016
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc             TXU     15.000    15.000       4/1/2021
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc             TXU     10.500    14.625      11/1/2016
TMST Inc                  THMR     8.000    16.000      5/15/2013
Venoco Inc                VQ       8.875    24.200      2/15/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc         VRS     11.750    25.000      1/15/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc         VRS     11.750    28.250      1/15/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc         VRS     11.750    16.000      1/15/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc         VRS     11.375    30.550       8/1/2016
Verso Paper
  Holdings LLC /
  Verso Paper Inc         VRS      8.750    14.000       2/1/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc         VRS     13.000    11.250       8/1/2020
Verso Paper
  Holdings LLC /
  Verso Paper Inc         VRS     11.750    28.750      1/15/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc         VRS     11.750    79.000      1/15/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc         VRS     11.750    16.375      1/15/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc         VRS     11.750    28.750      1/15/2019
Walter Energy Inc         WLTG     9.875     1.250     12/15/2020
Walter Energy Inc         WLTG     9.875     2.500     12/15/2020
Walter Energy Inc         WLTG     9.875     0.740     12/15/2020
Warren Resources Inc      WRES     9.000    30.250       8/1/2022
Warren Resources Inc      WRES     9.000    28.500       8/1/2022
Warren Resources Inc      WRES     9.000    28.500       8/1/2022


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2015.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***