TCR_Public/150910.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, September 10, 2015, Vol. 19, No. 253

                            Headlines

ALL WAYS ACCESSIBLE: Case Summary & 20 Top Unsecured Creditors
ALLANA BARONI: OneWest Summary Judgment Bid to Proceed
AMERICAN STANDARD ENERGY: Hires Loeb & Loeb as Counsel
ATP OIL: Pension Fund's Securities Class Suit Dismissed
BLUE SUN ST. JOE: Hires Gallagher & Kennedy as Bankruptcy Counsel

BLUE SUN ST. JOE: Hires Lentz Clark as Local Bankruptcy Counsel
BLUE SUN ST. JOE: Hires MCA as Financial Advisors
CAESARS ENTERTAINMENT: Fined $9.5MM Over Money-Laundering Controls
CANDAX ENERGY: Geofinance Extends Waiver Thru Sept. 14
CORINTHIAN COLLEGES: Panel Taps Willkie Farr as Insurance Counsel

COYNE INT'L: Asset Sale to Save Jobs; To Close NY Plants
CROWN CASTLE: Moody's Assigns Ba3 Rating on Sr. Unsec. Debt Shelf
CT TECHNOLOGIES: S&P Retains 'B' CCR After ECS Acquisition
CURTIS JAMES JACKSON: 50 Cent Reveals New House in Africa
DCP MIDSTREAM: Moody's Affirms Ba2 CFR & Changes Outlook to Stable

DEWEY & LEBOEUF: Lawyer Says Suit vs. Ex-Chairman "Fantasy Fraud"
DUNE ENERGY: Cash Collateral Use Extended Until Sept. 18
DYCOM INDUSTRIES: Moody's Rates New $400MM Unsecured Notes Ba3
DYCOM INDUSTRIES: S&P Assigns 'BB-' Rating on $400MM Unsec. Notes
E*TRADE FINANCIAL: Moody's Puts Ba2 Rating on Review for Upgrade

ENCLAVE AT BOYNTON: Case Summary & Largest Unsecured Creditors
ENERGY FUTURE: U.S. Trustee Attacks Plan Over Fee Payments
HAGGEN HOLDINGS: Case Summary & 30 Largest Unsecured Creditors
HAGGEN HOLDINGS: Files for Chapter 11 Amid Albertson's Lawsuit
HAGGEN HOLDINGS: UFCW Comments on Chapter 11 Bankruptcy Filing

HYPNOTIC TAXI: Cases Jointly Administered for Procedural Purposes
HYPNOTIC TAXI: Needs To Borrow $350K in Subordinated DIP Loan
INNOVATION VENTURES: Moody's Affirms B3 CFR, Outlook Stable
INTERNATIONAL BRIDGE: Wants Plan Filing Period Extended to Dec. 3
LADDER CAPITAL: Fitch Affirms 'BB' Issuer Default Rating

LEHMAN BROTHERS: Trustee Begins Third Payout to Brokerage Creditors
LUCA INTERNATIONAL: Hires Hoover Slovacek as Attorneys
MAGNETATION LLC: Court Approves Trenti Law as Minnesota Counsel
MAGNETATION LLC: Court Okays Bingham Greenebaum as Indiana Counsel
MEDIA GENERAL: S&P Puts 'BB-' Corp. Credit Rating on Watch Negative

MF GLOBAL: November 20 PwC Settlement Fairness Hearing Set
NIGHTTIME OF PALM BAY: Case Summary & 3 Top Unsecured Creditors
NNN MET: Asks Court to Set Oct. 30 as General Claims Bar Date
NNN MET: Cases Joint Administered for Procedural Purposes Only
OAKFABCO INC: Hires Reed Smith as Bankruptcy Counsel

OAKFABCO INC: Taps Logan & Company as Claims and Noticing Agent
OAKFABCO INC: U.S. Trustee Forms 4-Member Asbestos Claimants' Panel
ONDOVA LIMITED: 5th Cir. Affirms Dismissal of Petfinders' Appeal
ONDOVA LIMITED: 5th Cir. Dismisses Schepps' Appeal as Moot
ORIGINAL ACADEMY: Case Summary & 2 Largest Unsecured Creditors

PARKVIEW ADVENTIST: Asks Court to Reconsider Cash Collateral Order
PETERSBURG REGENCY: Hires Sokol Behot as Counsel
QUIKSILVER INC: Case Summary & 30 Largest Unsecured Creditors
QUIKSILVER INC: Files Pre-Arranged Ch.11 with Support from Oaktree
QUIKSILVER INC: Postpones Filing of Q3 Financial Report with SEC

QUIKSILVER INC: Seeks Approval of $175-Mil. DIP Financing
QUIKSILVER INC: To Conduct Store Closings with Hilco/Gordon JV
SANTA FE GOLD: Amends List of 20 Largest Unsecured Creditors
SANTA FE GOLD: Can Employ ALCS as Claims & Noticing Agent
SECOND SOUTHERN BAPTIST: Voluntary Chapter 11 Case Summary

SIGNAL INT'L: Committee Seeks to Hire Pachulski Stang as Counsel
SIGNAL INT'L: Committee to Hire GlassRatner as Fin'l Advisors
SIGNAL INT'L: Files Amended Schedule E-2
STEVEN PALLADINO: New England Colleges Team Up vs. Tuition Suits
TARGA RESOURCES: S&P Affirms 'BB+' CCR & Revises Outlook to Neg.

TEMPUR SEALY: S&P Affirms 'BB-' CCR & Revises Outlook to Positive
TMT GROUP: Bid to Convert Bankruptcies to Chapter 7 Denied
TRANS COASTAL: U.S. Trustee Forms 5-Member Creditor's Committee
WASHINGTON HEIGHTS: Has Authority to Use Cash Until Sept.30
WETDOG LLC: Belle Resources Claim Entitled to Postpetition Interest

ZUCKER GOLDBERG: Genova Burns to Serve as Labor Law Counsel
ZUCKER GOLDBERG: Taps Getzler Henrich as Financial Advisors
[*] QS Energy to Take Advantage of Spike in US Bankruptcy Filings
[^] Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

ALL WAYS ACCESSIBLE: Case Summary & 20 Top Unsecured Creditors
--------------------------------------------------------------
Debtor: All Ways Accessible Rehab, LLC
           d/b/a Mobility Specialists
        610 Magnolia Avenue
        Auburndale, FL 33823

Case No.: 15-09169

Chapter 11 Petition Date: September 8, 2015

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

Debtor's Counsel: Pierce J Guard, Jr., Esq.
                  THE GUARD LAW GROUP, PLLC
                  2511 Orleans Avenue
                  Lakeland, FL 33803
                  Tel: 863-619-7331
                  Fax: 863-619-7992
                  Email: jguardjr@aol.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by William Vanderpool, managing member.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/flmb15-09169.pdf


ALLANA BARONI: OneWest Summary Judgment Bid to Proceed
------------------------------------------------------
Judge Martin R. Barash of the United States Bankruptcy Court for
the Central District of California, San Fernando Valley Division,
denied Allana Baroni's motion to strike the summary judgment motion
by OneWest Bank, F.S.B., on the latter's counterclaim.

OWB filed a proof of claim for more than $1,800,000, asserting a
secured claim against the Baroni and certain real estate in which
she holds interest.  Baroni disputed the claim, arguing that OWB
does not own, and otherwise is not entitled, to enforce the
promissory note and deed of trust on which the claim is premised.

On November 15, 2013, Baroni initiated a post-confirmation
adversary proceeding against OWB, alleging six claims for relief
which all contended, in one way another that OWB is not the holder
of the note and security agreement or not otherwise entitled to
enforce and collect the secured debt created under those
instruments.

On January 17, 2014, OWB filed a counterclaim seeking a declaratory
judgment that OWB may enforce the note and security agreement and
that OWB holds an allowed secured claim under the Bankruptcy Code
based on those instruments.

On October 1, 2014, OWB filed its Motion for Summary Judgment or,
in the Alternative, Summary Adjudication with Respect to Adversary
Complaint.  The bankruptcy court granted the relief requested,
providing that OWB is entitled to enforce the note and deed of
trust, and that OWB is entitled to judgment as a matter of law on
all claims in Baroni's complaint.

As to the counterclaim, Judge Barash was persuaded that there is
good cause to permit consideration of OWB's summary judgment motion
on the merits of its counterclaim, and to alter the Amended
Scheduling Order of the case to permit that motion to proceed.
While Judge Barash reserved final judgment on the motion for
summary judgment on the counterclaim until that motion is fully
briefed and argued, he found no reason why the court's judgment on
the complaint does not also resolve the material issues of fact
relevant to the counterclaim.

The adversary proceeding is ALLANA BARONI, Plaintiff, v. ONEWEST
BANK, FSB, Defendant. ONEWEST BANK, FSB, Counterclaimant, v. ALLANA
BARONI, Counterdefendant, ADV. PROC. NO. 1:13-AP-01249-MB  (Bankr.
C.D. Cal.).

The bankruptcy case is In re: ALLANA BARONI, Chapter 11,
Reorganized Debtor, CASE NO. 1:12-BK-10986-MB (Bankr. C.D. Cal.).

A full-text copy of Judge Barash's August 14, 2015 memorandum of
decision is available at http://is.gd/xkyfwMfrom Leagle.com.


AMERICAN STANDARD ENERGY: Hires Loeb & Loeb as Counsel
------------------------------------------------------
American Standard Energy, Corp. and American Standard Energy Corp.
seek authorization from the Hon. Ronald B. King of the U.S.
Bankruptcy Court for the Western District of Texas to employ Loeb &
Loeb LLP as counsel, nunc pro tunc to the Aug. 3, 2015 petition
date.

The Debtors require Loeb & Loeb to:

   (a) advise the Debtors with respect to their powers and duties
       as debtors in possession in the continued management and
       operation of businesses and properties;

   (b) advise and consult on the conduct of these chapter 11
       cases, including all of the legal and administrative
       requirements of operating in Chapter 11;

   (c) attend meetings and negotiate with representatives of
       creditors and other parties in interest;

   (d) take all necessary actions to protect and preserve the
       Debtors' estates, including prosecuting actions on the
       Debtors' behalf, defending any action commenced against the

       Debtors and representing the Debtors in negotiations
       concerning litigation in which either of the Debtors is
       involved, including objections to claims filed against the
       Debtors' estates;

   (e) prepare pleadings in connection with these Chapter 11
       cases, including motions, applications, answers, orders,
       reports and other papers necessary or otherwise beneficial
       to the administration of the Debtors' estates;

   (f) advise the Debtors in connection with any potential sale of

       assets or investment by a third party;

   (g) appear before the Court and any appellate courts to
       represent the interests of the Debtors' estates;

   (h) advise the Debtors regarding tax matters;

   (i) take any necessary action on behalf of the Debtors to
       negotiate, prepare and obtain approval of a disclosure
       statement and confirmation of a Chapter 11 plan and all
       documents related thereto; and

   (j) perform all other necessary legal services for the Debtors
       in connection with the prosecution and administration of
       these chapter 11 cases, including  (i) analyzing each
       Debtor's leases and contracts and the assumption and
       assignment or rejection thereof; (ii) analyzing the
       validity of liens against the Debtors; and (iii) advising
       the Debtors on corporate and litigation matters.

Loeb & Loeb will be paid at these hourly rates:

       Bernard J. Given           $725
       William M. Hawkins         $725
       Bethany Simmons            $490
       Partners                   $675-$725
       Associates                 $490-$665
       Paralegals                 $250-$405

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

Bernard R. Given II, partner of Loeb & Loeb, 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.

Loeb & Loeb can be reached at:

       Bernard R. Given, II, Esq.
       LOEB & LOEB LLP
       10100 Santa Monica Blvd., Suite 2200
       Los Angeles, CA 90067
       Tel: (310) 282-2000
       Fax: (310) 282-2200
       E-mail: bgiven@loeb.com

American Standard Energy, Corp. and American Standard Energy Corp.
filed Chapter 11 bankruptcy petitions (Bankr. W.D. Tex. Case Nos.
15-70104 and 15-70105) on Aug. 3, 2015.  Steven Person signed the
petition as president.  The Debtors disclosed total assets of at
least $40 million and total debts of $53 million as of July 31,
2015.  Loeb & Loeb LLP serves as the Debtors' counsel.  The cases
are assigned to Judge Ronald B. King.



ATP OIL: Pension Fund's Securities Class Suit Dismissed
-------------------------------------------------------
Judge Sarah S. Vance of the United States District Court for the
Eastern District of Louisiana granted dismissed the second amended
complaint filed by Firefighters Pension & Relief Fund of the City
of New Orleans, et al., against ATP Oil and Gas Corporation senior
executives and members of the board of directors.

On May 24, 2013, a securities class action was brought on behalf of
all persons who acquired ATP 11.875% Senior Second Lien Exchange
Notes traceable to an allegedly false and misleading Form S-4
registration statement and prospectus issued in connection with
ATP's December 16, 2010 exchange offer.  Firefighters sued ATP's
senior executives and board of directors, alleging violations of
Sections 11 and 15 of the Securities Act of 1922.  The defendants
filed a motion to dismiss Firefighters' Second Amended Complaint
for failure to state a claim.

Judge Vance found that Firefighters has failed to plead actual
knowledge as required by the Private Securities Litigation Reform
Act.  The judge stated that the plaintiff has failed to plead
sufficient facts to give rise to an inference that defendants
possessed actual knowledge that the projection of a substantial
increase in production was false or misleading at the time it was
made.

Further, Judge Vance found that ATP's projection of a substantial
increase in productions was accompanied by "substantive
company-specific warnings" and therefore falls within the
safe-harbor provision of the PSLRA for forward-looking statements
and defendants cannot be held liable under Section 11.

The case is FIREFIGHTERS PENSION & RELIEF FUND OF THE CITY OF NEW
ORLEANS, Individually and on Behalf of All Others Similarly
Situated v. T. PAUL BULMAHN, ET AL., Section: R., CIVIL ACTION NO.
13-3935, NO. C/W 13-6083., 13-6084, 13-6233 (E.D. La.).

A full-text copy of Judge Vance's August 14, 2015 order is
available at http://is.gd/6JSHeufrom Leagle.com.

Firefighters Pension & Relief Fund of the City of New Orleans is
represented by:

          Andrew Allen Lemmon, Esq.
          Irma L. Netting, Esq.
          LEMMON LAW FIRM
          650 Poydras Street, Suite 2335
          New Orleans, LA 70130
          Tel: (504) 581-5644
          Fax: (504) 581-2156
          Email: andrew@lemmonlawfirm.com

            -- and --

          Donald A Broggi, Esq.
          Joseph P. Guglielmo, Esq.
          SCOTT & SCOTT LLP
          The Chrysler Building
          405 Lexington Ave. 40th Floor
          New York, NY 10174-4099
          Tel: (212) 223-6444
          Fax: (212) 223-6334
          Email: dbroggi@scott-scott.com
                 jguglielmo@scott-scott.com

Plumbers and Pipefitters National Pension Fund is represented by:

          Louis Leo Robein, III, Esq.
          ROBEIN, URANN, SPENCER, PICARD & CANGEMI, APLC
          2540 Severn Avenue, Suite 400
          Metairie, LA 70002
          Tel: (504) 885-9994

            -- and --

          Christopher D Stewart, Esq.
          Cody R LeJeune, Esq.
          Danielle S Myers, Esq.
          Robert R. Henssler, Jr., Esq.
          ROBBINS GELLER RUDMAN & DOWD LLP
          655 West Broadway, Suite 1900
          San Diego, CA 92101
          Tel: (619) 231-1058
          Fax: (619) 231-7423
          Email: cstewart@rgrdlaw.com
                 clejeune@rgrdlaw.com
                 danim@rgrdlaw.com
                 bhenssler@rgrdlaw.com

Brian M Neiman and David Callaham are represented by:

          William B. Federman, Esq.
          FEDERMAN & SHERWOOD
          10205 North Pennsylvania Avenue
          Oklahoma City, OK 73120
          Tel: (405) 235-1560
          Fax: (405) 239-2112
          Email: wbf@federmanlaw.com

            -- and --

          Stephen H. Kupperman, Esq.
          BARRASSO, USDIN, KUPPERMAN, FREEMAN & SARVER, LLC
          909 Poydras Street 24th Floor
          New Orleans, LA 70112
          Email: skupperman@barrassousdin.com

Brian Stackhouse is represented by:

          Sammy Ford, IV, Esq.
          ABRAHAM WATKINS NICHOLS SORRELS AGOSTO & FRIEND
          800 Commerce Street
          Houston, TX 77002
          Tel: (713) 222-7211
          Fax: (713) 225-0827

Thomas J Mansfield, Albert L Reese, Jr., and Keith R Godwin are
represented by:

          Thomas J. McKenna, Esq.
          GAINEY & MCKENNA
          440 Park Avenue South, 5th Floor
          New York, NY 10016
          Tel: (212) 983-1300
          Fax: (212) 983-0383
          Email: tjmckenna@gme-law.com

T Paul Bulmahn is represented by:

          Roy Clifton Cheatwood, Esq.
          Matthew A. Woolf, Esq.
          BAKER DONELSON BEARMAN CALDWELL & BERKOWITZ
          201 St. Charles Avenue Suite 3600
          New Orleans, LA 70170
          Tel: (504) 566-5200
          Fax: (504) 636-4000
          Email: rcheatwood@bakerdonelson.com
                 mwoolf@bakerdonelson.com

            -- and --

          Hamilton P Lindley, Esq.
          DEAN & LYONS, LLP
          325 North Saint Paul Street Suite 1500
          Dallas, TX 75201
          Tel: (214) 736-7861
          Fax: (214) 965-8505

            -- and --

          James P. Sullivan, Esq.
          Michael J. Biles, Esq.
          Paul R. Bessette, Esq.
          Royale Price, Esq.
          Tyler W Highful, Esq.
          Yusuf Bajwa, Esq.
          KING & SPALDING, LLP
          401 Congress Avenue Suite 3200
          Austin, TX 78701
          Tel: (512) 457-2000
          Email: jsullivan@kslaw.com
                 mbiles@kslaw.com
                 pbessette@kslaw.com
                 thighful@kslaw.com
                 
Chris A Brisack, Arthur H. Dilly, Gerard J. Swonke, Brent M.
Longnecker, Walter Wendlandt, Burt A. Adams, George R. Edwards, and
Robert J. Karow are represented by:

          Omer Frederick Kuebel, III, Esq.
          Corby Davin Boldissar, Esq.
          Monique M. Lafontaine, Esq.
          LOCKE LORD LLP
          601 Poydras Street Suite 2660
          New Orleans, LA 70130
          Tel: (504) 558-5100
          Fax: (504) 558-5200
          Email: rkuebel@lockelord.com
                 dboldissar@lockelord.com
                 mlafontaine@lockelord.com

            -- and --

          Alicia Fazzano Castro, Esq.
          Brent Benoit, Esq.
          Philip Guy Eisenberg, Esq.
          LOCKE LORD LLP
          2800 JPMorgan Chase Tower 600 Travis
          Houston, TX 77002
          Tel: (713) 226-1200
          Fax: (713) 223-3717
          Email: acastro@lockelord.com
                 peisenberg@lockelord.com

J.P. Morgan Securities Inc. is represented by:

          John William Hite, III, Esq.
          Erika Lynn Mullenbach, Esq.
          Glen Mercer, Esq.
          Peyton C. Lambert, Esq.
          SALLEY, HITE, MERCER & RESOR LLC
          365 Canal Street
          One Canal Place, Suite 1710
          New Orleans, LA 70130
          Tel: (504) 566-8800
          Fax: (504) 566-8828
          Email: jhite@shmrlaw.com
                 emullenbach@shmrlaw.com
                 gmercer@shmrlaw.com
                 plambert@shmrlaw.com

T Paul Bulmahn, Leland E Tate, Albert L Reese, Jr., George R
Morris, and Keith R Godwin are represented by:

          Paul R. Bessette, Esq.
          James P. Sullivan, Esq.
          KING & SPALDING, LLP
          401 Congress Avenue Suite 3200
          Austin, TX 78701
          Tel: (512) 457-2000
          Email: pbessette@kslaw.com
                 jsullivan@kslaw.com

            -- and --

          Matthew A. Woolf, Esq.
          Roy Clifton Cheatwood, Esq.
          BAKER DONELSON BEARMAN CALDWELL & BERKOWITZ
          201 St. Charles Avenue Suite 3600
          New Orleans, LA 70170
          Tel: (504) 566-5200
          Fax: (504) 636-4000
          Email: mwoolf@bakerdonelson.com
                 rcheatwood@bakerdonelson.com

Armada Advisors, Inc. is represented by:

          Eric J. O'Bell, Esq.
          GAUTHIER, HOUGHTALING & WILLIAMS
          3500 N. Hullen Street
          Metairie, LA 70002
          Tel: (504) 456-8600

Summit Capital Management LLC, is represented by:

          Lewis Stephen Kahn, Esq.
          Melinda A. Nicholson, Esq.
          KAHN SWICK & FOTI, LLC
          206 Covington Street
          Madisonville, LA 70447
          Tel: (504) 455-1400
          Fax: (504) 455-1498

Moshe Issac Foundation is represented by:

          James H. Gibson, Esq.
          ALLEN & GOOCH
          2000 Kaliste Saloom Rd Suite 400
          Lafayette, LA 70508
          Tel: (337) 291-1000
          Fax: (337) 291-1200

            -- and --

          Shashi H Patel, Esq.
          Jeffrey W. Chambers, Esq.
          WARE JACKSON LEE & CHAMBERS, LLP
          America Tower, 39th Floor
          2929 Allen Parkway
          Houston, TX 77019
          Tel: (713) 659-6400
          Fax: (713) 659-6262

            -- and --

          Joshua W. Ruthizer, Esq.
          Lester L. Levy, Esq.
          Patricia I Avery, Esq.
          WOLF POPPER, LLP
          845 Third Avenue
          New York, NY 10022
          Tel: (212) 759-4600
          Fax: (212) 486-2093
          Email: jruthizer@wolfpopper.com
                 llevy@wolfpopper.com
                 pavery@wolfpopper.com

            -- and --

          Stephen H. Kupperman, Esq.
          BARRASSO, USDIN, KUPPERMAN, FREEMAN & SARVER, LLC
          909 Poydras Street 24th Floor
          New Orleans, LA 70112
          Email: skupperman@barrassousdin.com

Zohar Asher and Jack D Hart are represented by:

          Ronald Dean Gresham, Esq.
          PAYNEMITCHELL LAW GROUP

William Kruse is represented by:

          Ronald Dean Gresham, Esq.
          PAYNEMITCHELL LAW GROUP
          2911 Turtle Creek Blvd Suite 1400
          Dallas, TX 75219
          Tel: (214)252-1888
          Email: dean@paynemitchell.com

            -- and --

          Stephen H. Kupperman, Esq.
          BARRASSO, USDIN, KUPPERMAN, FREEMAN & SARVER, LLC
          909 Poydras Street 24th Floor
          New Orleans, LA 70112
          Email: skupperman@barrassousdin.com

            -- and --

          William B. Federman, Esq.
          FEDERMAN & SHERWOOD
          10205 North Pennsylvania Avenue
          Oklahoma City, OK 73120
          Tel: (405) 235-1560
          Fax: (405) 239-2112
          Email: wbf@federmanlaw.com

                 About ATP Oil

Houston, Texas-based ATP Oil & Gas Corporation is an international
offshore oil and gas development and production company focused in
the Gulf of Mexico, Mediterranean Sea and North Sea.

ATP Oil & Gas filed a Chapter 11 petition (Bankr. S.D. Tex. Case
No. 12-36187) on Aug. 17, 2012.  Attorneys at Mayer Brown LLP,
serve as bankruptcy counsel.  Munsch Hardt Kopf & Harr, P.C., is
the conflicts counsel.  Motley Rice LLC and Fayard & Honeycutt, APC
serve as special counsel.  Opportune LLP is the financial advisor
and Jefferies & Company is the investment banker.

Kurtzman Carson Consultants LLC is the claims and notice agent.

ATP disclosed assets of $3.6 billion and $3.5 billion of
liabilities as of March 31, 2012.  Debt includes $365 million on a
first-lien loan where Credit Suisse AG serves as agent.  There is
$1.5 billion on second-lien notes with Bank of New York MellonTrust
Co. as agent.  ATP's other debt includes $35 million on convertible
notes and $23.4 million owing to third parties for their shares of
production revenue.  Trade suppliers have claims for $147 million,
ATP said in a court filing.

An official committee of unsecured creditors has been appointed in
the case.  Evan R. Fleck, Esq., at Milbank, Tweed, Hadley & McCloy,
in New York, represents the Creditors Committee as counsel.

A seven-member panel of equity security holders has also been
appointed in the case.  Kyung S. Lee, Esq., and Charles M. Rubio,
Esq. of Diamond McCarthy LLP, in Houston, Texas, serve as counsel
to the Equity Committee.


BLUE SUN ST. JOE: Hires Gallagher & Kennedy as Bankruptcy Counsel
-----------------------------------------------------------------
Blue Sun St. Joe Refining, LLC and its debtor-affiliates seek
authorization from the U.S. Bankruptcy Court for the Western
District of Missouri to employ Gallagher & Kennedy, P.A. as general
bankruptcy and restructuring counsel, nunc pro tunc to the July 31,
2015 petition date.

The Debtors require Gallagher & Kennedy to:

   (a) provide legal advice with respect to the Blue Sun Debtors'
       powers and duties as debtors-in-possession in the continued

       operation of their businesses and management of property;

   (b) prepare all necessary applications, motions, answers,
       orders, reports and other legal papers on behalf of the
       Blue Sun Debtors;

   (c) appear in Court and protect the interests of the Blue Sun
       Debtors before the Court;

   (d) assist the Blue Sun Debtors with the collection and
       disposition of assets, by sale or otherwise;

   (e) assist the Blue Sun Debtors with ongoing corporate and
       regulatory legal needs;

   (f) represent the Blue Sun Debtors in any future collection or
       other litigation commenced by and/or against Debtors;

   (g) assist the Blue Sun Debtors in preparing and confirming a
       Chapter 11 plan; and

   (h) represent the Blue Sun Debtors in connection with all
       aspects of their bankruptcy case and perform all legal
       services which may be necessary and proper in these
       proceedings. This Application is supported by the Rule 2014

       Declaration of John R. Clemency.

Gallagher & Kennedy will be paid at these hourly rates:

       John R. Clemency         $595
       Todd A. Burgess          $545
       Lindsi M. Weber          $395
       Keri K. Adickes          $260
       Shareholders             $375-$625
       Associates               $325-$385
       Paralegals               $240-$260

Gallagher & Kennedy will also be reimbursed for reasonable
out-of-pocket expenses incurred.

In April 2015, the Blue Sun Debtors provided Gallagher & Kennedy
with a $10,000 retainer. Through July 27, 2015, Gallagher & Kennedy
was paid fees and costs totaling $2,870 for work done in April –
June, 2015 leaving a retainer balance of $7,130.

On July 30, 2015, G&K received an additional retainer of $150,000
in anticipation of the chapter 11 filings, increasing the total
prepetition retainer to $157,130. Immediately prior to the filing,
Gallagher & Kennedy applied the retainer to pay its July 2015 fees,
incurred in preparing the cases for filing, in the total amount of
$115,312.90, leaving Gallagher & Kennedy with a retainer balance of
$41,817 (the "G&K Retainer") as of the Petition Date.

John R. Clemency, partner of Gallagher & Kennedy, 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.

Gallagher & Kennedy can be reached at:

       John R. Clemency, Esq.
       GALLAGHER & KENNEDY, P.A.
       2575 East Camelback Road
       Phoenix, AZ 85016-9225
       Tel: (602) 530-8000
       Fax: (602) 530-8500
       E-mail: john.clemency@gknet.com

                       About Blue Sun St. Joe

Blue Sun St. Joe Refining, LLC, and its three affiliates sought
protection under Chapter 11 of the Bankruptcy Code on July 31, 2015
(Bankr. W.D. Mo., Case No. 15-42231).  The case is assigned to
Judge Arthur B. Federman.

The Debtors have engaged as bankruptcy counsel Jeffrey A. Deines,
Esq., at Lentz Clark Deines PA, in Overland Park, Kansas; and Todd
A. Burgess, Esq., John R. Clemency, Esq., and Lindsi M. Weber,
Esq., at Gallagher & Kennedy, P.A., in Phoenix, Arizona.  MCA
Financial Group, Ltd. serves as their financial advisors.


BLUE SUN ST. JOE: Hires Lentz Clark as Local Bankruptcy Counsel
---------------------------------------------------------------
Blue Sun St. Joe Refining, LLC and its debtor-affiliates seek
authorization from the U.S. Bankruptcy Court for the Western
District of Missouri to employ Lentz Clark Deines PA as local
bankruptcy counsel, nunc pro tunc to the July 31, 2015 petition
date.

The Blue Sun Debtors wish to employ Lentz Clark as local bankruptcy
counsel and special conflicts counsel in certain cases, to assist
Gallagher & Kennedy, as lead bankruptcy counsel, and the Blue Sun
Debtors, as necessary and appropriate.

Lentz Clark will be paid at these hourly rates:

       Jeffrey A. Deines         $375
       Shane J. McCall           $245
       Shareholders              $375-$390
       Associates                $245
       Paralegals                $90

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

Prior to the commencement of the Related Cases, the Blue Sun
Debtors provided Lentz Clark with an advance fee retainer in the
amount of $15,000, $7,978 of which was applied by Lentz Clark
prepetition in payment of services rendered in relation to the
preparation of the Related Cases, including filing fees. The
balance of $7,022 is being held in trust by LCD to be applied
toward the payment of LCD's compensation and expenses awarded in
the Related Cases

Jeffrey Deines, partner of Lentz Clark, 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.

Lentz Clark can be reached at:

         Jeffrey A. Deines, Esq.
         LENTZ CLARK DEINES, PA
         9260 Glenwood
         Overland Park, KS 66212
         Tel: (913) 648-0600
         Fax: (913) 648-0664
         E-mail: jdeines@lcdlaw.com

                       About Blue Sun St. Joe

Blue Sun St. Joe Refining, LLC, and its three affiliates sought
protection under Chapter 11 of the Bankruptcy Code on July 31, 2015
(Bankr. W.D. Mo., Case No. 15-42231).  The case is assigned to
Judge Arthur B. Federman.

The Debtors have engaged as bankruptcy counsel Jeffrey A. Deines,
Esq., at Lentz Clark Deines PA, in Overland Park, Kansas; and Todd
A. Burgess, Esq., John R. Clemency, Esq., and Lindsi M. Weber,
Esq., at Gallagher & Kennedy, P.A., in Phoenix, Arizona.  MCA
Financial Group, Ltd. serves as their financial advisors.


BLUE SUN ST. JOE: Hires MCA as Financial Advisors
-------------------------------------------------
Blue Sun St. Joe Refining, LLC and its debtor-affiliates seek
authorization from the U.S. Bankruptcy Court for the Western
District of Missouri to employ MCA Financial Group, Ltd. as
financial advisor, nunc pro tunc to the July 31, 2015 petition
date.

The Debtors require MCA Financial to:

   (a) assist with the preparation of an interim cash needs
       analysis and 13-week cash flow;

   (b) develop budgets and forecasts to determine financing needs
       during the case and post-petition;

   (c) advise on business reorganization matters including
       operations, financial and strategic;

   (d) assist with the preparation and the filing of a Chapter 11
       bankruptcy including the preparation of the Statements and
       Schedules, Statement of Financial Affairs, and creditor
       matrix among other items;

   (e) provide bankruptcy financial advisory services, including
       expert witness reports and testimony related to interest
       rates, plan feasibility and valuation, as necessary; and

   (f) assist the Blue Sun Debtors with other matters related the
       cases, as requested, necessary, and appropriate.

MCA Financial will be paid at these hourly rates:

     Morris C. Aaron, Senior Managing Director   $425
     Karrilyn Thomas, Managing Director          $350
     Michael Zaft, Director                      $295
     Senior Managing Directors                   $425
     Managing Directors                          $350
     Directors                                   $295
     Administrative and research personnel       $95

The Debtors have agreed that MCA Financial will be compensated at
the rate of $50 per hour for all non-billable out of town travel
time.

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

The Debtors have provided MCA Financial with an advance fee
retainer in the amount of $34,624.71

Morris C. Aaron, senior managing director of MCA Financial, 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.

MCA Financial can be reached at:

       Morris C. Aaron
       MCA FINANCIAL GROUP, LTD.
       4909 N 44th St
       Phoenix, AZ 85018-2708
       Tel: (602) 710-2500
       E-mail: maaron@mca-financial.com

                       About Blue Sun St. Joe

Blue Sun St. Joe Refining, LLC, and its three affiliates sought
protection under Chapter 11 of the Bankruptcy Code on July 31, 2015
(Bankr. W.D. Mo., Case No. 15-42231).  The case is assigned to
Judge Arthur B. Federman.

The Debtors have engaged as bankruptcy counsel Jeffrey A. Deines,
Esq., at Lentz Clark Deines PA, in Overland Park, Kansas; and Todd
A. Burgess, Esq., John R. Clemency, Esq., and Lindsi M. Weber,
Esq., at Gallagher & Kennedy, P.A., in Phoenix, Arizona.  MCA
Financial Group, Ltd. serves as their financial advisors.


CAESARS ENTERTAINMENT: Fined $9.5MM Over Money-Laundering Controls
------------------------------------------------------------------
Kate O'Keefe, writing for The Wall Street Journal, reported that
U.S. and Nevada regulators have fined Caesars Entertainment Corp.'s
bankrupt unit a total of $9.5 million for deficient
anti-money-laundering controls at its Caesars Palace VIP rooms,
which cater mainly to Chinese high-rollers.

According to the report, Caesars agreed to pay an $8 million civil
penalty to federal regulators after admitting that it had openly
allowed wealthy patrons to gamble anonymously in private rooms at
its flagship casino in Las Vegas, the U.S. government said in a
written statement on Sept. 8.  The casino company also admitted it
had failed to properly monitor transactions at international
marketing offices in Hong Kong and elsewhere that recruited the
players, the Journal said, citing the settlement with the U.S.
Treasury's Financial Crimes Enforcement Network, or FinCEN.

                  About Caesars Entertainment

Caesars Entertainment Corp., formerly Harrah's Entertainment Inc.,
is one of the world's largest casino companies.  Caesars casino
resorts operate under the Caesars, Bally's, Flamingo, Grand
Casinos, Hilton and Paris brand names.  The Company has its
corporate headquarters in Las Vegas.  Harrah's announced its
re-branding to Caesar's in mid-November 2010.

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

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

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

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

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

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

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

                         *     *     *

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

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


CANDAX ENERGY: Geofinance Extends Waiver Thru Sept. 14
------------------------------------------------------
Candax Energy Inc., a company with mature oil & gas field
developments in Tunisia, on Sept. 9 disclosed that it has obtained
from Geofinance NV, major debtholder and shareholder of the
Company, a further extension of 6 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 14, 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 14, 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.

                         About Candax

Candax is an international energy company with offices in Toronto
and Tunis.  The Candax group is engaged in exploration and the
production of oil and gas in Tunisia and holds a royalty interest
in an exploration permit in Madagascar.



CORINTHIAN COLLEGES: Panel Taps Willkie Farr as Insurance Counsel
-----------------------------------------------------------------
The Official Committee of Unsecured Creditors in the Chapter 11
cases of Corinthian Colleges, Inc., et al., asks the U.S.
Bankruptcy Court for the District of Delaware for permission to
retain Willkie Farr & Gallagher LLP as its special insurance
counsel for the limited purposes nunc pro tunc to Aug. 10, 2015,

Wilkie Farr will, among other things:

   a. assist the Creditors' Committee's lead counsel in preserving
claims against the Debtors' insurance coverage provided under the
D&O Policies;

   b. advise the Creditors' Committee on the consequences with
respect to the D&O Policies of any pending actions against the
Debtors or any current or former director, officer or other
insiders of the Debtors; and

   c. review and analyze the impact of any Plan provisions with
respect to the D&O Policies, as may be requested in connection with
confirmation of the Plan.

The firm's Marc Abrams tells the Court that Willkie Farr will bill
at its standard hourly rates:

         Partners and Of Counsel            $900 - $1,275
         Special Counsel                    $890
         Associates                         $305 - $875
         Paraprofessionals                  $135 - $340

Willkie Farr attorneys with primary responsibility for the matter
are:

         Mr. Abrams (Partner -- Business      $1,275
         Reorganization & Restructuring)

         Jeffrey B. Clancy (Associate --        $875
         Corporate & Financial Services)

         Christopher S. Koenig (Associate --    $565
         Business Reorganization & Restructuring)

Mr. Clancy is a senior corporate associate at Willkie Farr with
significant knowledge and experience with D&O and other insurance
products and is expected to be the principal timekeeper on the
matter.  Other Willkie Fan attorneys or paraprofessionals will from
time to time provide legal services.

In connection with its representation of the Committee, Willkie
Farr will cap its total fees and expenses for the engagement at
$75,000.

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

The firm provided a response to the request for additional
information set for in the Appendix B Guidelines:

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

Response: No variations were agreed to from Willkie Fares standard
or customary billing arrangements.

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: Willkie Farr did not represent the Creditors' Committee
prepetition.

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

Response: The Creditors' Committee has approved a budget of $75,000
for Willkie Fan's retention in this matter.  Given Willkie Farr's
limited retention to advise on certain insurance matters and the
$75,000 budget cap, Willkie Farr and the Creditors' Committee have
not prepared a formal budget and staffing plan.

                     About Corinthian Colleges

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

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

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

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


COYNE INT'L: Asset Sale to Save Jobs; To Close NY Plants
--------------------------------------------------------
Chelsea Diana at Albany Business Review reports that the sale of
Coyne International Enterprises Corp.'s assets will save majority
of jobs in the Company.

As reported by the Troubled Company Reporter on Sept. 9, 2015, the
Company said that it remains on track to complete three planned
sales of its operating units: New Bedford, Massachusetts, which
will be sold to Clean Uniforms and More!; Richmond, Virginia and
Greenville, South Carolina, which will be sold to Prudential
Overall Supply; and the remaining plants and service centers --
Bristol, Tennessee, Buffalo, New York, Cleveland, Ohio, London,
Kentucky, Syracuse, New York, and York, Pennsylvania -- which will
be acquired by Coyne's existing senior management team.  

The Company said in a notice filed with the New York State
Department of Labor this month that due to possible sale of
facility, it was closing plants in Onondaga, Tioga, Albany, and
Erie and letting go of a total of 150 workers on Oct. 31, 2015,
which is also the closing date of the plants.  These locations are
also affected: Barton, Guilderland, and Buffalo.

Mark Samson, the Company's CEO, said in a statement, "The WARN Act
filings were a formality because there will be a change of control
in Coyne's business entities.  There are buyers lined up for all of
Coyne's facilities.  There are two locations that could be impacted
by possible layoffs -- New Bedford, Massachusetts, and Greenville,
South Carolina.  Under the existing deal, approximately 525 jobs
will be preserved out of approximately 620 positions."

                     About Coyne International

Coyne International Enterprises Corp. filed a Chapter 11
bankruptcy petition (Bankr. N.D.N.Y. Case No. 15-31160) on July 31,
2015.  The petition was signed by Mark Samson as CEO.  The Debtor
estimated assets of $10 million to $50 million and liabilities of
at least $50 million.

Herrick Feinstein LLP serves as the Debtor's general counsel.
Phillips Lytle LLP acts as the Debtor's local bankruptcy counsel.
Cohnreznick LLP is the Debtor's financial advisor.  SSG Capital
Advisors LLC is the Debtor's investment banker.  Rust Omni serves
the Debtor as claims and administrative agent.  Raab, Sturm &
Ganchrow, LLP acts as labor counsel to the Debtor.  Harbridge
Consulting Group, LLC serves as the Debtor's pension consultant.
Beveridge & Diamond PC is the Debtor's environmental counsel.
GZA Geoenvironmental, Inc., represents the Debtor as environmental
consultant.


CROWN CASTLE: Moody's Assigns Ba3 Rating on Sr. Unsec. Debt Shelf
-----------------------------------------------------------------
Moody's Investors Service rated Crown Castle International Corp's
senior unsecured debt shelf at (P)Ba3 and subordinate debt shelf at
(P)B1.  The rating outlook is stable.

These ratings were assigned with a stable outlook:

Crown Castle International Corp.:

   -- Senior unsecured debt shelf: (P)Ba3
   -- Subordinate debt shelf: (P)B1

RATINGS RATIONALE

Crown Castle's Ba1 corporate family rating reflects the REIT's
position as the leading independent provider of shared wireless
infrastructure in the U.S., geographic diversification within the
domestic market, and ample liquidity.  CCI's high visibility into
future earnings due to long-term leases with annual escalations,
high credit quality tenants, and the ability to generate
significant free cash flow also support the rating.  Moody's
believes that wireless infrastructure industry fundamentals and
growth trends --both in towers and small cells -- remain favorable
over the next several years owing to continued strong demand for
wireless and data services, the acceleration in mobile traffic and
continued build out of carriers' wireless networks.  These credit
strengths are offset by the REIT's high share of secured debt in
its capital structure and significant tenant concentration.
Importantly, structural subordination and material subsidiaries
with secured debt in CCI's capital structure are key credit
challenges that constrain the REIT's ratings.  Crown Castle's
ratings are also tempered by its exposure to technology network
shifts or major technological transformation and untested
alternative use for its properties should such dramatic changes
occur -- risks that are not typically associated with traditional
commercial REITs.

The stable outlook reflects Moody's expectation that Crown Castle
will continue to pursue a disciplined financial policy and make
progress simplifying its capital structure over time, but that it
could take some time before the REIT is able to adequately address
its restrictive capital structure.  It also incorporates Moody's
expectation of continued EBITDA and cash flow expansion that will
allow the REIT to maintain, if not improve, its credit profile and
leverage metrics.

In order to strengthen its credit profile sufficiently to warrant
an upgrade to investment grade, Crown Castle will need to align its
capital structure with its strong fundamentals by simplifying its
capital structure, resolving structural subordination issues and
reducing its reliance on secured debt funding.  An upgrade to
investment grade would also require Crown Castle to sustain strong
credit metrics, including net debt/EBITDA below 6x (calculated
including Moody's operating lease adjustment) and effective
leverage (debt plus preferred over gross assets) closer to 60%.

Conversely, if operating performance deteriorated or if the REIT
chose to pursue an aggressive financial policy (including large
debt-funded acquisitions or shareholder-friendly return policy)
such that net debt/EBITDA is sustained above 7x or effective
leverage (defined as debt plus preferred over gross assets)
sustained in the high 70% range, a downgrade could occur.

Moody's last rating action with respect to Crown Castle was on
August 14, 2015, when the rating agency upgraded the corporate
family rating of Crown Castle International Corp. to Ba1 from Ba2
as well as upgraded all other existing ratings of Crown Castle and
its subsidiaries with a stable outlook.

The principal methodology used in this rating was Global Rating
Methodology for REITs and Other Commercial Property Firms published
in July 2010.

Crown Castle [NYSE: CCI] is real estate investment trust based in
Houston, Texas which owns, operates and leases towers and other
infrastructure for wireless communications.  Crown Castle's
portfolio includes approximately 40,000 towers and 15,000 small
cell nodes supported by approximately 16,000 miles of fiber.



CT TECHNOLOGIES: S&P Retains 'B' CCR After ECS Acquisition
----------------------------------------------------------
Standard & Poor's Ratings Services said that its 'B' corporate
credit rating on Alpharetta, Ga.-based release-of-information (ROI)
provider CT Technologies Intermediate Holdings Inc. (doing business
as HealthPort) is unchanged, following the company's announcement
that it will issue a $117 million add-on to its first-lien term
loan to fund the acquisition of Enterprise Consulting Solutions
Inc. (ECS), a provider of outsourced record retrieval services for
U.S. commercial health plans.  The outlook is stable.

At the same time, S&P affirmed its 'B' issue-level rating on the
company's $596 million first-lien term loan due 2021 ($594 million
outstanding) and $35 million revolving credit facility due 2019.
The '3' recovery rating is unchanged and reflects S&P's expectation
for meaningful recovery (50% to 70%, lower half of the range) in
the event of payment default.

The ratings reflect Standard & Poor's adjusted leverage in the high
6x area as of June 30, 2015, pro forma for the proposed transaction
(which includes maximum earnout payments as debt and excludes
management's adjustments for unrealized cost savings) and the
company's niche focus on the highly fragmented ROI market, which
has regulated pricing. ECS will enhance HealthPort's position in
the adjacent outsourced record retrieval market, adding new
technology capabilities and opportunities to expand the ECS
customer base, although ECS has significant customer
concentration.

S&P expects leverage to fall to the low 6x area by the end of 2015
and the low to mid-5x area in 2016 in the absence of additional
acquisitions, mainly on cost reductions at IOD Inc. (acquired in
July 2015) and the payment of earnouts.  Leverage could fall faster
if the company acquires smaller businesses funded from cash flow as
it has in the past, but leverage could exceed S&P's expected levels
if HealthPort pursues larger, debt-financed acquisitions.  S&P
could lower the rating if the company sustains leverage above 7x
due to acquisitions, lower EBITDA resulting from changing health
care market dynamics that disrupt the ROI market, or adverse
regulatory action; S&P could also lower the rating if such
conditions result in tight covenant cushion restricting access to
the revolving credit facility, such that S&P comes to view
liquidity as less than adequate.

RECOVERY ANALYSIS

Key analytical factors

   -- S&P's simulated default scenario assumes a default occurring

      in 2018 due to reduced reliance on outsourced ROI services,
      lower regulated pricing, or breach of security protocols
      that leads to customer loss and potential liabilities.

   -- S&P has valued the company as a going concern due to its
      leading position in its market segment and some proprietary
      technology.  S&P applied a 5.5x EBITDA multiple, which is
      consistent with that of other health care information
      technology companies that we rate, to an assumed emergence
      EBITDA of $64 million, and derived a gross recovery value of

      $352 million.

Simulated default and valuation assumptions:

   -- Default year: 2018
   -- EBITDA at emergence: $64 million
   -- EBITDA multiple: 5.5x

Simplified waterfall:

   -- Net enterprise value (after 3% administrative expenses):
      $341 million
   -- Valuation split (obligors/non-obligors): 100%/0%
   -- Priority claims: $1 million
   -- Collateral value available to secured creditors:
      $341 million
   -- Secured first-lien debt: $627 million
      -- Recovery expectations: 50% to 70% (lower half of the
      range)

All debt amounts include six months of prepetition interest.
Collateral value equals asset pledge from obligors after priority
claims plus equity pledge from non-obligors after non-obligor
debt.

RATINGS LIST

Ratings Unchanged

CT Technologies Intermediate Holdings Inc.
Corporate credit rating                     B/Stable/--

Ratings Affirmed; Recovery Ratings Unchanged

CT Technologies Intermediate Holdings Inc.

$596 mil 1st lien term ln due 2021          B
  Recovery rating                            3L
$35 mil revolv cred fac due 2019            B
  Recovery rating                            3L



CURTIS JAMES JACKSON: 50 Cent Reveals New House in Africa
---------------------------------------------------------
WMUR 9 abc reports that Curtis James Jackson, III, has shown off
through a video posted on Instagram his new and unfinished house in
Africa.

"My crib is almost finished in AFRICA.  I'm gonna have the craziest
House warming party ever," WMUR quoted Mr. Jackson as saying.

According to the report, Mr. Jackson did not reveal in his
Instagram post any more details about the house or the exact
location of the property.

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


DCP MIDSTREAM: Moody's Affirms Ba2 CFR & Changes Outlook to Stable
------------------------------------------------------------------
Moody's Investors Service affirmed DCP Midstream, LLC's Ba2
corporate family rating, Ba2-PD probability of default rating
(PDR), Ba2 senior unsecured notes rating and B1 junior subordinate
bond rating.  Moody's affirmed DCP's speculative grade liquidity
rating of SGL-3.  The rating outlook was changed to stable from
negative.

Moody's also affirmed DCP Midstream Operating, LP's (DPM) Ba1 CFR,
Ba1-PD PDR, and Ba1 senior unsecured notes rating.  Moody's lowered
DPM's speculative grade liquidity rating to SGL-3 from SGL-2. DPM's
rating outlook was changed to stable from negative.

"The change in outlook to stable at DCP reflects the injection of
$1.5 billion of cash and the contribution of one-third ownership of
two pipelines that should generate about $100 million of annualized
EBITDA, by Phillips 66 (A3 stable) and Spectra Energy(Baa2
negative), respectively.  The cash injection and additional
fee-based cash flow will reduce leverage at DCP to a level
consistent with the Ba2 rating." said Terry Marshall, Moody's
Senior Vice President.  "The change in outlook to stable at DPM
reflects its relatively stable cash flow even in the current price
environment, and the stable outlook of its general partner, DCP,
with whom it is closely linked through assets, capex, contracts and
ownership."

Ratings Lowered:

Issuer: DCP Midstream Operating LP
  Speculative Grade Liquidity Rating, Lowered to SGL-3 from SGL-2

Outlook Actions:

Issuer: DCP Midstream Operating LP
  Outlook, Changed To Stable From Negative

Issuer: DCP Midstream, LLC
  Outlook, Changed To Stable From Negative

Affirmations:

Issuer: DCP Midstream Operating LP
  Probability of Default Rating, Affirmed Ba1-PD
  Corporate Family Rating, Affirmed Ba1
  BACKED Senior Unsecured Regular Bond/Debenture (Local Currency),

   Affirmed Ba1 (LGD4)

Issuer: DCP Midstream, LLC
  Probability of Default Rating, Affirmed Ba2-PD
  Speculative Grade Liquidity Rating, Affirmed SGL-3
  Corporate Family Rating, Affirmed Ba2
  Junior Subordinated Regular Bond/Debenture (Local Currency),
   Affirmed B1 (LGD6)
  Senior Unsecured Regular Bond/Debenture (Local Currency),
   Affirmed Ba2 (LGD4)

RATINGS RATIONALE

DCP's Ba2 CFR considers its' very high leverage (consolidated debt
to EBITDA declining to about 6x in 2016 from 9X currently,
including Moody's adjustments), significant exposure to natural gas
liquids (NGL) and natural gas pricing with only about 35% of its
stand-alone revenues protected by fee-based contracts in 2015 and
about 50% in 2016, the structural subordination of distributions
from DPM to debt of that entity, partially mitigated by an
indication of the two owners that they will not take distributions
from DCP through 2017 in the current low pricing environment.  The
rating is supported by DCP's large and diverse, directly held asset
base in the natural gas and NGL midstream space, as well as its
ownership and control of DPM (0.3%% GP, 22% LP, and IDRs of DPM's
public MLP parent, DCP Midstream Partners, LP) and its midstream
asset base, which provides DCP with about 40% of DPM's
distributable cash flow, which in turn represents about 20% of
DCP's consolidated EBITDA.  DCP takes considerable commodity price
risk on both its directly generated cash flow and that of DPM for
which it is a contract counterparty on a portion of DPM's fee-based
contracts.  Both companies are subject to volumetric risk, which is
mitigated by their significant presence in the most active US
resource plays.

DPM's Ba1 CFR is driven by reasonable leverage (4X currently), size
and scale in the US gathering and processing sector, good cash flow
stability, although that will decline as hedges roll off, offset by
DPM's interconnectedness with DCP (ownership, assets, capex and
dropdowns).  Cash flow stability benefits from a combination of
fee-based and hedged revenues that total about 95% of anticipated
2015 margins and 85% of 2016 margins.  A portion of DPM's fee-based
contracts are with DCP, which is lower-rated than DPM.

DCP's speculative grade liquidity rating of SGL-3 indicates
adequate liquidity.  Moody's anticipates cash consumption of about
$450 million from June 30, 2015 to Sept. 30, 2016, including a $200
million debt maturity in October 2015.  This consumption can be
funded under DCP's $1.8 billion revolving credit facility that
matures in March 2017, which will be fully available pro-forma for
the $1.5 billion cash injection from Phillips 66.  The revolver is
secured by 100% of the equity interests in DPM held by DCP.  Pro
forma for $1.5 billion of debt reduction from the cash injection,
DCP will be in compliance with its two financial covenants at
December 31, 2015: secured debt to EBITDA under 3.25x and total
debt to EBITDA under 5x, although with limited cushion under the
total debt to EBITDA covenant.  As is the norm, the bank covenant
calculations include the addition of projected EBITDA for partially
completed projects.  DCP has alternate liquidity in the form of
potential asset sales, joint ventures and DPM limited partner unit
sales and its fixed assets are not pledged to the banks.

DPM's speculative grade liquidity rating of SGL-3 indicates
adequate liquidity.  At June 30, 2015 it had $1.15 billion
available under its $1.25 billion revolving credit facility that
matures in May 2019.  Typical of most MLPs, all free cash flow
after maintenance capital is distributed to LP unit holders and the
GP, leaving the long-term funding of growth capital expenditures
reliant on the revolver as well as debt and equity capital markets
The availability under the revolver is sufficient to fund our
expectation of cash consumption of about $800 million from June 30,
2015, to Sept. 30, 2016, including a $250 million debt maturity in
Oct. 2015.  The revolver has a leverage covenant of a maximum 5x
debt/EBITDA, which at June 30, 2015 was 3.1x (debt/EBITDA is
adjusted for partial year EBITDA for capital projects and
acquisitions).  Moody's expects DPM to be in compliance with its
financial covenant through 2016.  DPM has alternate liquidity in
the form of potential asset sales and joint ventures.

DCP's Ba2 CFR could be downgraded if debt to EBITDA appears
unlikely to decline to around 6x in 2016.  DCP's rating could also
be downgraded in the event of a downgrade in DPM's rating.  An
upgrade to Ba1 would be dependent on leverage below 5x and having
60 -- 70% of revenues covered by third-party fee-based contracts
and hedges.  An upgrade would also likely be dependent on an
upgrade in DPM's rating.

DPM's Ba1 CFR could be downgraded if leverage appears likely to
rise above 5x in 2016 and it does not have at least 50% of its
revenues covered by third-party fee-based contracts and hedges.
DPM's rating may also be downgraded if the rating of DCP is
downgraded.  An upgrade would be dependent on debt to EBITDA
approaching 4x and in excess of 70% of revenues covered by
third-party fee-based contracts and hedges.  An upgrade would also
likely be dependent on an upgrade in DCP's rating.

DCP Midstream Partners, LP and DCP Midstream Operating, LP are
affiliated midstream gathering and processing companies
headquartered in Denver, Colorado.  DCP Midstream, LLC is a joint
venture between Phillips 66 and Spectra Energy.

The principal methodology used in these ratings was Global
Midstream Energy published in December 2010.



DEWEY & LEBOEUF: Lawyer Says Suit vs. Ex-Chairman "Fantasy Fraud"
-----------------------------------------------------------------
Matthew Goldstein, writing for The New York Times' DealBook,
reported that the lawyer for Steven H. Davis, former chairman of
Dewey & LeBoeuf, told a state jury that the criminal case against
his client was a "fantasy fraud" brought by prosecutors in
Manhattan with "fanciful theories" about the spring 2012 collapse
of the once-prominent law firm.

According to the report, Elkan Abramowitz, in a closing statement
of more than three hours on Sept. 8, told a jury in New York State
Supreme Court in Manhattan that prosecutors had failed to prove Mr.
Davis was aware of any wrongdoing that might have occurred in the
firm's finance department to make the law firm's revenue appear
better than it was to lenders and creditors.

He said even the prosecution's star witness, Frank Canellas, the
law firm's former finance director, testified that he never told
Mr. Davis about any improper accounting adjustments being used by
the finance department, 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.


DUNE ENERGY: Cash Collateral Use Extended Until Sept. 18
--------------------------------------------------------
Judge H. Christopher Mott of the United States Bankruptcy Court for
Western District of Texas, Austin Division, signed off a
stipulation giving Dune Energy, Inc., et al., further authority to
use cash collateral until September 18, 2015, and/or the effective
date of a plan of liquidation.

Pursuant to the Consent Order, the termination date with respect to
the DIP Facility has occurred, all Commitments are terminated as of
July 24, 2015, and the Debtors are authorized to pay the
Outstanding DIP Obligations in full in accordance with the terms of
the Final DIP Order and the DIP Loan Documents.  The First Lien
Agent and First Lien Lenders have consented to the Debtors’
continued use of Cash Collateral in accordance with the
supplemental budget.  The Post-Closing Budget will constitute the
DIP Budget, for purposes of the Final DIP Order and the Consent
Order, for the period from and after July 24, 2015, through the
Termination Date under the Final DIP Order, and the Debtors will
not be entitled to use Cash Collateral except in accordance with
the terms of the Post-Closing Budget.

The amount of $1,155,000 will be disbursed from the Sale Proceeds
for use in accordance with the Post-Closing Budget.  All money paid
to the First Lien Lenders (or their attorneys and agents) under the
Post-Closing Budget is deemed a payment of adequate protection and
reduces the principal balance of the loan obligations unless the
First Lien Lenders first file notice with the Court that they claim
to be over-secured, in which case any party may dispute the
allocation.  The First Lien Agent and First Lien Lenders have
consented to the Debtors’ continued use of the Unused Budgeted
Amount in accordance with the DIP Budget and the
Debtors are authorized to use the Unused Budgeted Amount in
accordance with the DIP Budget.

Absent access to Cash Collateral, the Debtors will be forced to
terminate their remaining employees, shut down any remaining
operations, and immediately convert their cases to chapter 7.  Use
of Cash Collateral in accordance with the Post-Closing Budget will
afford the Debtors an opportunity to pursue confirmation of a
chapter 11 plan that will facilitate an orderly liquidation of the
Debtors’ estates for the benefit of their creditors.

The Official Committee of Unsecured Creditors filed a response to
the Debtors' emergency motion to approve the stipulated consent
order, complaining that the DIP Loan is being paid by the order so
the budget is a cash collateral budget.  As an under-secured
creditor, the First Lien Lenders should not be paid legal fees, the
Committee asserted.  They are, probably, entitled to adequate
protection of their First Lien, the Committee said.

The Committee further complained that the allocation of the budget
for the Committee's professional fees and expenses ($9,000 per
week/$75,000) is too low.  The Committee told the Court that it was
not consulted on the negotiations on the appropriate budget of the
Committee professional fees.  The Committee asserted that it has a
major statutory role in the plan process and is required to act for
the benefit of the unsecured creditors, the major constituency
affected by the plan.  The Committee said it has not been provided
the liquidating trust agreement and is excluded from substantially
all negotiations.  The Court should require the Debtors to provide
the materials in contemplation of the plan to the Committee when
circulated to the First Lien Lenders to avoid future issues like
the one requiring the present motion, the Committee argued.

Dune Energy, Inc., et al. are represented by:

          Charles A. Beckham, Jr., Esq.
          Kenric D. Kattner, Esq.
          Kourtney Lyda, Esq.
          Kelli Stephenson, Esq.
          HAYNES AND BOONE, LLP
          1221 McKinney Street, Suite 2100
          Houston, TX 77010
          Tel: (713) 547-2000
          Fax: (713) 547-2600
          Email: charles.beckham@haynesboone.com
                 kenric.kattner@haynesboone.com
                 kourtney.lyda@haynesboone.com
                 kelli.stephenson@haynesboone.com

Bank of Montreal is represented by:

          Charles S. Kelley, Esq.
          MAYER BROWN LLP
          700 Louisiana Street, Suite 3400
          Houston, TX 77002-2730
          Tel: (713) 238-3000
          Fax: (713) 238-4625
          Email: ckelley@mayerbrown.com

             -- and --

          Sean T. Scott, Esq.
          MAYER BROWN LLP
          71 South Wacker Drive
          Chicago, IL 60606
          Tel: (312) 782-0600
          Fax: (312) 701-7711
          Email: stscott@mayerbrown.com

Official Committee of Unsecured Creditors is represented by:

          Hugh M. Ray, III, Esq.
          MCKOOL SMITH, P.C.
          600 Travis, Suite 7000
          Houston, TX 77002
          Tel: (713) 485-7300
          Fax: (713) 485-7344
          Email: hmray@mckoolsmith.com

                           About Dune Energy

Dune Energy, Inc. (OTCMKTS: DUNR) is an independent energy company
based in Houston, Texas.  Since May 2004, the Company has been
engaged in the exploration, development, acquisition and
exploitation of natural gas and crude oil properties, with
interests along the Louisiana/Texas Gulf Coast.  The Company's
properties cover over 90,000 gross acres across 27 producing oil
and natural gas fields.

Affiliates Dune Energy, Inc. (Bankr. W.D. Tex. Case No. 15-10336),
Dune Operating Company (Bankr. W.D. Tex. Case No. 15-10337), and
Dune Properties, Inc. (Bankr. W.D. Tex. Case No. 15-10338) filed
separate Chapter 11 bankruptcy petitions on March 8, 2015.  The
petitions were signed by James A. Watt, president and chief
executive officer.

Judge Christopher H. Mott presides over the case.  Charles A.
Beckham, Jr., Esq., Kourtney P. Lyda, Esq., and Kelli M.
Stephenson, Esq., at Haynes And Boone, LLP, serve as the Debtors'
bankruptcy counsel.  Deloitte Transactions And Business Analytics
LLP is the Debtors' restructuring advisors.  Parkman Whaling LLC is
the Debtors' sale professionals.

The Debtors listed $229 million in total assets and $144 million in
total debts as of Sept. 30, 2014.  In their schedules, Dune
EnergyInc., et al., disclosed $263,337,172 in assets and
$107,981,306 in liabilities.

The U.S. trustee overseeing the Chapter 11 case of Dune Energy
appointed three creditors to serve on the official committee of
unsecured creditors.  The Committee is represented by Hugh M. Ray,
Esq., at McKool Smith, P.C.


DYCOM INDUSTRIES: Moody's Rates New $400MM Unsecured Notes Ba3
--------------------------------------------------------------
Moody's Investors Service assigned a Ba3 rating to Dycom
Industries, Inc.'s proposed $400 million convertible unsecured
notes due 2021.  Concurrently, Dycom's Ba2 Corporate Family Rating,
Ba2-PD Probability of Default Rating and Ba3 rating on its existing
senior subordinated notes were affirmed.  The company's Speculative
Grade Liquidity Rating ("SGL") was lowered to SGL-2 from SGL-1.
The existing subordinated notes are expected to repaid upon
transaction close and subsequently withdrawn.  The ratings outlook
is stable.

The proceeds of the proposed convertible senior unsecured notes are
expected to primarily be used to redeem the company's $278 million
senior subordinated notes due 2021.  Remaining proceeds will be
used to pay the existing subordinated notes make whole premium,
accrued interest and other transaction-related expenses.

The transaction increases leverage by almost half a turn to 2.7
times (including Moody's standard adjustments), positioning the
company's leverage toward the high end for its rating.  The ratings
are based on the expectation that the company will be prudent in
using debt to finance share repurchase activity and acquisitions.
The ratings also weigh the company's recent strong earnings
performance, healthy backlog and contribution from recent
acquisitions.  Although total funded debt would increase by more
than $100 million as a result of the proposed transaction, the
transaction is expected to lower cash interest expense by over $15
million annually by paying off the existing higher coupon 7.125%
existing subordinated notes.

Dycom's SGL rating was lowered to SGL-2 from SGL-1 largely due to
the expectation that the company will continue to partially use
revolver borrowings to finance future share repurchases and
acquisitions, as well as reduced headroom under the company's
leverage covenant under its existing credit facility due to higher
debt levels as a result of the proposed transaction.

Dycom Industries, Inc.

This rating was assigned:

Dycom Industries, Inc.
  $400 million convertible unsecured notes due 2021, at Ba3
   (LGD-5)

These ratings were affirmed:

Dycom Industries, Inc.
  Corporate Family Rating, at Ba2
  Probability of Default Rating, at Ba2-PD

Dycom Investments, Inc.
  $278 million senior subordinates notes due 2021, at Ba3 (LGD-5)

This rating was lowered:

Dycom Industries, Inc.
  Speculative Grade Liquidity rating, to SGL-2 from SGL-1

Dycom Industries, Inc. and Dycom Investments, Inc.
  Outlook, Stable

RATINGS RATIONALE

Dycom's Ba2 CFR considers the risks of operating in a highly
cyclical industry with sizable re-investment requirements balanced
against partially debt-funded share buybacks and acquisitions.  The
ratings also consider Dycom's high customer concentration with its
top 5 customers comprising roughly 60% of revenue.  The demand for
greater bandwidth and the deployment of fiber to enable video
offerings and increase the speed at which data is transmitted over
networks has resulted in healthy demand reflected in the company's
twelve month backlog that stood at $1.6 billion as of the company's
fiscal year-ended July 25, 2015.

Pro forma for the proposed refinancing transaction, debt/EBITDA for
the fiscal year ended July 25, 2015 is 2.7 times (on a Moody's
adjusted basis), increasing to 2.9 times if the initial purchasers
of the notes exercise their option to purchase additional notes
within 30 days after initial issuance of the notes.  These
estimates of pro forma leverage do not include the EBITDA
contribution from recent acquisitions.  The ratings incorporate the
company's track record of well-balanced financial policy decisions
with share repurchase activity typically increasing during periods
of stronger earnings performance with more financial conservative
policies instituted when earnings moderate.

The SGL-2 rating reflects a good liquidity profile supported by the
expectation of continued positive free cash flow generation and
meaningful availability under the company's revolving credit
facility.  In addition, the company's liquidity profile benefits
from alternate sources of liquidity through unpledged assets.

Dycom's proposed convertible notes are rated Ba3, one notch below
its Ba2 CFR, reflecting structural and effective subordination to
the company's existing revolver and term loan.  The proposed notes
are unsecured and not guaranteed by operating subsidiaries.

The stable outlook is based on the expectation that the company
will maintain well-balanced financial policies with debt/EBITDA
below 3.0 times while maintaining a good liquidity profile.

Additional debt-financed acquisitions, excessive share repurchases,
a decline in earnings and/or loss of a key customer could have
adverse rating implications.  An expectation that debt/EBITDA
levels would exceed and be sustained above 3.0x and/or
EBITA/interest would approach 2.0x could also result in a
downgrade.

A ratings increase is considered unlikely at this time given
elevated debt levels, the highly cyclical nature of the end-markets
the company operates in and Dycom's share repurchase/acquisition
strategy.  Positive rating momentum would likely be driven by an
expectation of strong, sustained revenue growth as well as the
achievement and maintenance of debt/EBITDA below 1.5x and
EBITA/interest coverage of 4.0x.

The principal methodology used in these ratings was Construction
Industry published in November 2014.

Dycom Industries, Inc., located in Palm Beach Gardens, Florida, is
a leading provider of specialty contracting services in North
America.  Dycom provides engineering, construction and maintenance
services that assist telecommunication and cable television
providers expand and monitor their network infrastructure in a cost
effective manner.  The company also provides underground locating
services for telephone, cable, power, gas, water, and sewer
utilities.  Dycom generated revenues approximating $2.0 billion for
fiscal year ended July 25, 2015.



DYCOM INDUSTRIES: S&P Assigns 'BB-' Rating on $400MM Unsec. Notes
-----------------------------------------------------------------
Standard & Poor's Ratings Services assigned its 'BB-' issue-level
and '5' recovery ratings to Palm Beach Gardens, Fla.-based Dycom
Industries Inc.'s (Dycom) proposed $400 million senior unsecured
convertible notes due 2021.  The '5' recovery rating indicates
S&P's expectation of a modest (10%-30%; higher end of the range)
recovery in the event of a default.  S&P's corporate credit rating
on Dycom remains 'BB' with a stable outlook.

Dycom plans to use proceeds from the notes issuance to repay its
$277.5 million 7.125% senior subordinated notes due 2021,
repurchase common stock, and pay the cost of convertible note hedge
transactions.

S&P's corporate credit rating on Dycom reflects S&P's view that the
company will continue to compete in large, highly fragmented, and
cyclical end-markets with long-term capital investment
requirements.  It also reflects S&P's expectation that the
company's debt leverage will remain below 3x with a funds from
operations (FFO)-to-debt ratio approaching 30%.

RECOVERY ANALYSIS

Key analytical factors:

   -- Given Dycom's position as a specialty engineering and
      construction contractor competing in the cyclical
      telecommunications end-market, S&P's distressed scenario
      envisions a period of significant delays and outright
      cancelations of cable- and telecom-related capital spending
      programs and Dycom's key customers reduce their capital
      expenditure budgets in line with the broader industry.

   -- S&P's analysis further assumes that: the revolver is 85%
      drawn at default; the margin on the revolver and term loan
      increases by 125 basis points (bps), reflecting higher
      borrowing costs from credit deterioration simulated in S&P's

      scenario; EBITDA declines by approximately 57% from fiscal-
      2015 levels at default; and EBITDA at emergence is estimated

      at $115 million.  S&P has valued the company on a going-
      concern basis using a 5x multiple of its projected emergence

      EBITDA.

Simulated default assumptions:

   -- Simulated year of default: 2020
   -- EBITDA at emergence: $115 million
   -- EBITDA multiple: 5x

Simplified waterfall:

   -- Net enterprise value (after 5% admin. costs): $546 million
   -- Senior secured claims: $456 million
   -- Total value available to subordinated debt: $90 million
   -- Senior subordinated claims: $405 million
      -- Recovery expectations: 10%-30% (higher end of the range)

Note: All debt amounts include six months of prepetition interest.

RATINGS LIST

Dycom Industries Inc.
Corporate Credit Rating                BB/Stable/--

Issue-Level Ratings Assigned

Dycom Industries Inc.
Senior Unsecured
  $400 mil. convertible notes due 2021  BB-
   Recovery Rating                      5H



E*TRADE FINANCIAL: Moody's Puts Ba2 Rating on Review for Upgrade
----------------------------------------------------------------
Moody's Investors Service has placed the ratings of E*TRADE
Financial Corporation (E*TRADE) (Ba2 senior unsecured) and the
long-term ratings of E*TRADE Bank (Baa2 deposits) on review for
upgrade, and affirmed E*TRADE Bank's Prime-2 short-term deposit
rating.  The rating actions follow E*TRADE's announcement that it
will terminate the entirety of its $4.4 billion of legacy wholesale
funding obligations by Sept. 30.

Moody's has taken these rating actions:

E*TRADE Financial Corporation

  Issuer rating, Ba2 on review for upgrade
  Senior unsecured rating, Ba2 on review for upgrade
  Senior unsecured shelf rating, (P)Ba2 on review for upgrade
  Subordinated shelf rating, (P)Ba3 on review for upgrade
  Preferred shelf rating, (P)B1 on review for upgrade
  Preferred shelf noncumulative rating, (P)B2 on review for
   Upgrade

E*TRADE Bank

  Long-term bank deposit rating, Baa2 on review for upgrade
  Short-term bank deposit rating, Prime-2 affirmed
  Long-term issuer rating, Ba2 on review for upgrade
  Baseline credit assessment, ba1 on review for upgrade
  Adjusted baseline credit assessment, ba1 on review for upgrade
  Long-term counterparty risk assessment, Baa3(cr) on review for
   upgrade
  Short-term counterparty risk assessment, P-3(cr) on review for
   upgrade

RATINGS RATIONALE

Moody's said E*TRADE Bank's exit from expensive repurchase
agreements (repos) and Federal Home Loan Bank advances, and its
plans to replace these funding sources via the on-boarding of
low-cost deposits over the next several quarters, will
significantly reduce its annual operating interest expense by
roughly $150 million.  This will improve E*TRADE Bank's future
profitability and will benefit E*TRADE's debt service capacity.
The transactions will improve E*TRADE Bank's funding profile by
removing reliance on short-term repo funding, said Moody's, since
the ongoing availability of repo funding can be susceptible to
downturns in demand and liquidity in the wholesale borrowing
market.

E*TRADE expects to report a pre-tax charge of approximately $410
million in the current quarter in connection with terminating the
debt, the vast majority of which is non-cash.  Moody's said this is
a prudent use of E*TRADE's regulatory capital, given the
longer-term benefits of its actions, and continues a trend of
credit positive developments at the company.  Moody's added that
these positive developments have resulted in many of E*TRADE's
financial credit metrics improving significantly.

However, Moody's said it will also review a number of E*TRADE's
credit challenges, and the rating agency said these considerations
are key to its assessment of E*TRADE's overall credit strength.
Moody's said these credit challenges include: how E*TRADE's
response to strategic challenges might affect its credit strength;
how E*TRADE might respond to shareholder pressure to introduce
significant shareholder distributions and to grow and broaden its
franchise into areas of increased risk; how E*TRADE Bank's size,
loan portfolio risk and securities investment profile are likely to
change; and the degree of risk that may still exist from the
magnitude of change that has taken place at E*TRADE.

Moody's said its consideration of E*TRADE's positive developments
and credit challenges could result in an upgrade of E*TRADE's
senior unsecured and issuer ratings of up to two notches into
investment grade status.

The principal methodology used in these ratings was Global
Securities Industry Methodology published in May 2013.



ENCLAVE AT BOYNTON: Case Summary & Largest Unsecured Creditors
--------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

    Debtor                                          Case No.
    ------                                          --------
    Enclave at Boynton Waters Properties, LLC       15-26141
    6849 Cobia Circle
    Boynton Beach, FL 33437

    Lake Placid Waterfront Properties, LLC          15-26143

    Hillsboro Mile Properties, LLC                  15-26148

    Estates of Boynton Waters Properties, LLC       15-26152

    Enclave at Hillsboro, LLC                       15-26155

    Remi Hillsboro, LLC                             15-26156

    Antipodean Properties, LLC                      15-26162

    Kerekes Land Trust Properties, LLC              15-26165

Chapter 11 Petition Date: September 8, 2015

Court: United States Bankruptcy Court
       Southern District of Florida (West Palm Beach)

Judge: Hon. Erik P. Kimball

Debtors' Counsel: Bradley S Shraiberg, Esq.
                  SHRAIBERG, FERRARA, & LANDAU P.A.
                  2385 NW Executive Center Dr. #300
                  Boca Raton, FL 33431
                  Tel: (561) 443-0801
                  Fax: (561) 998-0047
                  Email: bshraiberg@sfl-pa.com

                                         Total      Total
                                        Assets    Liabilities  
                                      ----------  -----------
Enclave at Boynton Waters Properties    $5.5MM     $39.24MM
Antipodean Properties                     $2MM     $39.06MM
Kerekes Land Trust Properties             $7MM     $39.20MM

The petitions were signed by John B. Kennelly, manager.

A. List of Enclave at Boynton Waters' 19 Largest Unsecured
Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
13th Floor Investments, LLC           Lawsuit          $829,309
c/o Etan Mark, Esq.
Berger Singerman, LLP
1450 Brickell Ave, Ste 1900
Miami, FL 33131

Andrew M. Schwartz, P.A.           Attorneys Fees       $16,740

Aquageniz                            Maintenance           $300

Atlantic Caribbean Mapping, Inc.      Boundary           $1,850
                                       Survey

Auto Owner's Insurance               Insurance             $433

CBIZ MHM, LLC                       Accounting           $1,350
                                     Services

Florida Department of Revenue                           Unknown

Florida Power & Light               Electricity         $27,037

Internal Revenue Service                                Unknown

Internal Revenue Service                                Unknown

Office of Attorney General                              Unknown
State of Florida

Palm Beach County Tax Collector         Tax              $38,419

SEC Headquarters                                         Unknown

Securities and Exchange Commission                       Unknown

Specialized Industries, Inc.          Maintenance       $124,000

The Ardent Companies                                     Unknown

United States Attorney                                   Unknown
General's Office

US Attorney Southern                                     Unknown
District of Florida

WGI Engineering and Surveying        Preparation of       $2,900
                                     Pre-Application
                                     Preparation of
                                     Traffic Stmt

B. List of Antipodean Properties' 15 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
13th Floor Investments, LLC           Lawsuit          $829,309
c/o Etan Mark, Esq.
Berger Singerman, LLP
1450 Brickell Ave, Ste 1900
Miami, FL 33131

Auto Owner's Insurance               Insurance             $433

Broward County Tax Collector            Tax             $13,624

Broward County Tax Collector            Tax             $10,331

Florida Department of Revenue                           Unknown

Internal Revenue Service                                Unknown

Internal Revenue Service                                Unknown

Office of Attorney General                              Unknown
State of Florida

SEC Headquarters                                        Unknown

Securities and Exchange Commission                      Unknown

Specialized Industries, Inc.       Maintenance           $2,500

Specialized Industries, Inc.       Maintenance           $2,500

The Ardent Companies                                    Unknown

United States Attorney                                  Unknown
General's Office

US Attorney Southern                                    Unknown
District of Florida

C. List of Kerekes Land Trust Properties' 19 Largest Unsecured
Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
13th Floor Investments, LLC           Lawsuit         $829,309
c/o Etan Mark, Esq.
Berger Singerman, LLP
1450 Brickell Ave, Ste 1900
Miami, FL 33131

Auto Owner's Insurance               Insurance            $433

Florida Department of Revenue                          Unknown

Gentile Glas Holloway O'Mahoney                         $1,003

Internal Revenue Service                               Unknown

Internal Revenue Service                               Unknown

Office of Attorney General                             Unknown
State of Florida

Palm Beach County Finance                                 $285
Department

Palm Beach County Tax Collector         Tax            $63,786

Palm Beach County Tax Collector         Tax            $26,424

Pinder Troutman Consulting, Inc.                        $3,818

SEC Headquarters                                       Unknown

Securities and Exchange Commission                     Unknown

Specialized Industries, Inc.          Maintenance      $79,800

The Ardent Companies                                   Unknown

The Martin Architectural Group                            $600

United States Attorney                                 Unknown
General's Office

US Attorney Southern                                   Unknown
District of Florida

WGI Engineering and Surveying         Utilities            $89


ENERGY FUTURE: U.S. Trustee Attacks Plan Over Fee Payments
----------------------------------------------------------
Tom Hals, writing for Reuters, reported that the U.S. government's
bankruptcy watchdog blasted an agreement aimed at bringing Energy
Future Holdings out of Chapter 11 because it requires Texas's
biggest power company to pay millions of dollars in fees to
lawyers.

According to the report, Energy Future Holdings struck a "plan
support agreement" in August that binds key parties to work
together to end the contentious bankruptcy, which began in April
2014.  The support agreement is aimed to preventing pitched legal
battles if the current bankruptcy exit proposal, based on the sale
of the Oncor power distribution business, fails, the report
related.  However, the plan support agreement also requires Energy
Future's creditors "to vote in favor of a plan that provides for
millions of dollars (and possibly billions)" for 45 professionals
working for undisclosed parties, the report further related, citing
the U.S. Trustee.

                      About Energy Future

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

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

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

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

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

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

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

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

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


HAGGEN HOLDINGS: Case Summary & 30 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

       Debtor                                       Case No.
       ------                                       --------
       Haggen Holdings, LLC                         15-11874
       2211 Rimland Drive
       Bellingham, WA 98266

       Haggen Operations Holdings, LLC              15-11875

       Haggen Opco South, LLC                       15-11876

       Haggen Opco North, LLC                       15-11877

       Haggen Acquisition, LLC                      15-11878

       Haggen, Inc.                                 15-11879

Type of Business: Operates food and pharmacy stores

Chapter 11 Petition Date: September 8, 2015

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Debtors'          Matthew G. Garofalo, Esq.
General           Elizabeth Taveras, Esq.
Bankruptcy        STROOCK & STROOCK & LAVAN LLP
Counsel:          180 Maiden Lane
                  New York, NY 10038-1982
                  Tel: (212) 506-5400
                  Fax: (212) 806-6006
                  Email: mgarofalo@stroock.com
                         etaveras@stroock.com

Debtors'          Matthew Barry Lunn, Esq.
Local             Robert F. Poppiti, Jr., Esq.
Counsel:          Ashley E. Jacobs, Esq.
                  Ian J. Bambrick, Esq.
                  YOUNG, CONAWAY, STARGATT & TAYLOR, LLP
                  1000 North King Street
                  Wilmington, DE 19809
                  Tel: 302-571-6600
                  Email: mlunn@ycst.com
                         rpoppiti@ycst.com
                         ajacobs@ycst.com
                         ibambrick@ycst.com

Debtors'          ALVAREZ & MARSAL NORTH AMERICA, LLC
Financial
Advisor:

Debtors'          KURTZMAN CARSON CONSULTANTS LLC
Notice, Claims,
Solicitation
and Balloting
Agent:

Estimated Assets: $50 million to $100 million

Estimated Liabilities: $10 million to $50 million

The petitions were signed by Blake Barnett, chief financial
officer.

Consolidated List of Debtors' 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Unified Grocers-Corporate           Trade Payable    $14,873,746
5200 Sheila St.
Commerce, CA 90040
Tel: 323-264-5200
Fax: 323-262-1950

Topco Associates Inc.               Trade Payable     $5,724,438
150 Northwest Point Blvd
Elk Grove Village, IL 60007
Tel: 847-676-3030
Fax: 847-676-4949

Merlone Geier                         Contract        $5,666,768
425 California St.                   Liability
Tenth Floor
San Francisco, CA 94104
Tel: 415-693-9000
Fax: 415-693-0480

Dale C. Henley                        Deferred        $4,894,437
                                     Compensation

Charlies Produce Inc.               Trade Payable     $3,477,536
4103 2nd Ave S.
Seattle, WA 98134
Tel: 206-625-1412
Fax: 206-442-9023

Moneygram                           Trade Payable     $2,509,145
2828 North Harwood St.
15th Floor
Dallas, TX 75201
Tel: 214-9999-7552
Fax: 214-9999-7670

Pepsi-Cola                          Trade Payable     $1,710,473
700 Anderson Hill Road
Purchase, NY 10577
Tel: 914-253-2000
Fax: 914-253-2070

Coca Cola                           Trade Payable     $1,625,839
1 Coca Cola Plaza
Atlanta, GA 30313-2499
Tel: 404-676-2121
Fax: 404-676-6792

DPI Specialty Foods                 Trade Payable     $1,409,110
601 Rockfeller Ave
Ontario, CA 91761
Tel: 909-975-1019
Fax: 909-975-7238

Fintech                             Trade Payable     $1,180,673
3109 W. Dr. Martin Luther King Jr.
Blvd. Suite 200
Tampa, FL 33607
Tel: 800-572-0854
Fax: 813-289-5599

Supervalu Inc.                      Trade Payable     $1,010,909
11840 Valley View Road
Eden Prairie, MN 55344
Tel: 952-828-4000
Fax: 952-828-8998

Steve Julius Construction Inc.      Trade Payable       $984,918
230 Calle Pintoresco
San Clemente, CA 92673
Tel: 949-369-7820
Fax: 949-369-7821

MGP X Properties LLC                Trade Payable       $919,812
c/o Merlone Geier
Attn: Lease Admin.
425 California Street
Eleventh Floor
San Francisco, CA 94104

Frito Lay Incorporated              Trade Payable       $785,158   

75 Remittance Dr Ste 1844
Chicago, IL 60675-1844
Tel: 972-334-7000
Fax: 972-334-2019

Starbucks Corporation               Trade Payable       $722,649
2401 Utah Ave S
Seattle, WA 38134-1436
Tel: 206-597-1575
Fax: 206-447-3432

Design Fabrications                 Trade Payable       $717,910
1100 Mandoline Ave
Madison Heights, MI 48071
Tel: 248-597-0988
Fax: 248-597-0989

Woodman Construction Inc.            Trade Payable      $710,223
10910 117th Place NE Bldg 6
Kirkland, WA 98033
Tel: 425-454-3621
Fax: 425-454-6918

Santa Monica Seafood                 Trade Payable      $687,837
18531 Broadwick Street
Rancho Dominguez, CA 90220
Tel: 310-886-7900
Fax: 310-886-3333

TNG GP.                              Trade Payable      $665,358
3995 70th Ave E Ste B
Fife, WA 98424-3616
Tel: 253-952-7150
Fax: 253-952-7151

Bunzl Seattle                        Trade Payable      $649,234
4501 West Valley Hwy E Ste A
Sumner, WA 98390
Tel: 253-321-3300
Fax: 253-321-3302

Palisades MediaGroup                 Trade Payable      $555,610
1620 26th St. Suite 200 S
Santa Monica, CA 90404
Tel: 310-564-5400
Fax: 310-453-8370

Bon Suisse                           Trade Payable      $503,623
11860 Community Road Suite 100
Poway, CA 92064-8887
Tel: 858-391-9222
Fax: 858-391-9299
Email: info@bonsuisse.com

Franz Family Bakeries                Trade Payable      $493,983
PO Box 742654
Los Angeles, CA 90074-2654
Tel: 503-232-2191
Fax: 503-731-5680

Mondelez Global LLC                  Trade Payable      $472,318
100 Deforest Ave
East Hanover, NJ 07936
Tel: 855-535-5648
Email: carol.ward@mdlz.com

Eleven Western Builders Inc.         Trade Payable      $468,690
2862 Executive PL
Escondido, CA 92029-1524
Tel: 760-796-6346
Fax: 760-796-6360

Bimbo Bakeries USA                   Trade Payable      $453,711
255 Business Center Drive
Horsham, PA 19044
Tel: 800-984-0989
Fax: 610-320-9286

Mission Foods                        Trade Payable      $429,911
1159 Cottonwood Lane, Suite 200
Irving, TX 75038
Tel: 972-232-5000
Fax: 972-232-5167

Ocean Beauty Seafoods LLC            Trade Payable      $416,022
1100 West Ewing Street
Seattle, WA 98119
Tel: 206-285-6800
Fax: 206-285-9190
Email: info@oceanbeauty.com

Columbia Distributing Co.            Trade Payable      $414,007
13017 La Dana Court
Santa Fe Springs, ID 90670
Tel: 503-289-9600
Fax: 503-240-8389
Email: customerservice@coldist.com

Albertson's LLC and                    Litigation   Undetermined
Albertson's Holdings LLC


HAGGEN HOLDINGS: Files for Chapter 11 Amid Albertson's Lawsuit
--------------------------------------------------------------
Haggen Holdings and five of its affiliates sought Chapter 11
protection in Delaware on Sept. 8, 2015, with the intention of
reorganizing, or selling as a going concern, their stores for the
benefit of their creditors.  

The Debtors listed Unified Grocers as its largest unsecured
creditor holding a claim of $14.8 million.  Albertson's LLC is also
listed to have an undetermined amount of litigation claim.

Headquartered in Bellingham, Washington, Haggen was founded in 1933
as a single grocery store.  From 1933 to 2014, Haggen grew into a
30 store family-run grocery chain, with stores located in the
northwestern United States.  From 2011 to 2014, Haggen reduced its
store base to 18, including a stand-alone pharmacy location.
Haggen rapidly expanded in 2014 and 2015, and, as of the Petition
Date, Haggen owned and operated 164 stores through three operating
companies: Haggen, Inc., Haggen Opco North, LLC and Haggen Opco
South, LLC.

Haggen has recently filed a lawsuit against Albertson's LLC in
Delaware federal court in connection with the actions Albertson's
took that ultimately led to Haggen's failure in its efforts to
operate Haggen stores in the Albertson's locations.

In December 2014, Haggen executed an asset purchase agreement with
Albertson's after the Federal Trade Commission ordered Albertson's
to sell 146 of its locations in Washington, Oregon, California,
Arizona, and Nevada.  The Albertson's Locations were then
transitioned to Haggen in a staggered schedule from Feb. 14, 2015,
to June 23, 2015.

During the transition process, the Haggen team faced the task of
closing the Albertson's Locations and rebranding them as Haggen
stores, essentially opening a brand new chain of 146 grocery stores
in just over 120 days, while limiting each store closure to only
1–2 days.

Blake Barnett, chief financial officer of Haggen Holdings, says in
a declaration filed with the Court that Albertson's engaged in
numerous breaches of the APA that made the transitioning and
rebranding unsuccessful, leading to major drop-offs in customer
levels at the new stores.  This, according to Mr. Barnett, led to a
severe liquidity crisis for the Debtors.

Following the acquisition of the Albertson's Locations, the
Debtors' liquidity dropped precipitously.  During the period from
June 19, 2015, until the Petition Date, the Debtors' availability
under their prepetition credit facility dropped from $35,988,128 to
$2,334,274.  In the weeks leading up to the Petition Date, the
Debtors' operations continued to generate increasingly negative
cashflow.  As a result of, among other things, these liquidity
issues, Haggen determined to close several of its recently acquired
stores.  In particular, Haggen entered into an agreement with Hilco
Merchant Resources, LLC in late August 2015 to conduct
going-out-of-business sales for 27 of its stores.

Additionally, Haggen has engaged Sagent Advisors to market for sale
some of the Haggen North and Haggen South locations and to explore
market interest in various store locations.  As a result of these
efforts, a number of third parties have expressed interest in
acquiring a number of the Haggen North and Haggen South locations.

Concurrently with the filing of the petitions, the Debtors are
seeking:

  -- joint administration of their cases;

  -- to continue using their cash management systems;

  -- to pay certain prepetition employee compensation; and

  -- to obtain post-petition financing and utilize cash
     collateral.

A full-text copy of the declaration filed together with the
petitions is available for free at:

         http://bankrupt.com/misc/15_HAGGEN_Declaration.pdf

                           About Haggen

Haggen Holdings, LLC, and its affiliates filed Chapter 11
bankruptcy petitions (Bankr. D. Del., Case Nos. 15-11874 to
15-11879) on Sept. 8, 2015.  The petitions were signed by Blake
Barnett as chief financial officer.

Young, Conaway, Stargatt & Taylor, LLP, is serving as the Debtors'
local counsel.  Stroock & Stroock & Lavan LLP serves as the
Debtors' general counsel.  Alvarez & Marsal North America, LLC,
acts as the Debtors' financial advisor.  Kurtzman Carson
Consultants LLC serve as the Debtors' claims and noticing agent.

The Debtors have estimated assets of $50 million to $100 million
and estimated liabilities of $10 million to $50 million.


HAGGEN HOLDINGS: UFCW Comments on Chapter 11 Bankruptcy Filing
--------------------------------------------------------------
The United Food and Commercial Workers (UFCW) International Union,
the largest private sector union in the nation, released the
following statement on Sept. 9 regarding Haggen's Chapter 11
bankruptcy filing.

"For years, hard-working men and women in grocery stores at
Haggen's have shown their commitment to their job, their
co-workers, the community, and this union family.

"As difficult as this bankruptcy process is, our message to Haggen
is simple -- we expect Haggen to do what is right by their
hard-working employees and their families.  Haggen's must never
forget that these incredible men and women who do the work are the
heart and soul of their stores.

"They are not numbers, but real people whose work and dedication
should be honored.  Looking ahead, our union family will do
everything in our power to protect the livelihoods of every member
who is and has been dedicated to meeting the needs of every
Haggen's customer."

Headquartered in Bellingham, Washington, Haggen, Inc. --
http://www.haggen.com-- operates nearly 20 combination
supermarkets throughout Washington and Oregon. Most upscale Haggen
Food & Pharmacy stores feature specialty departments, while the TOP
Food & Drug outlets emphasize savings; however, both may offer such
amenities as Starbucks coffee shops, Blockbuster video outlets, or
child-care centers.  Founded in 1933 in Bellingham, Washington,
Haggen has grown to be one of the nation's 75th largest grocery
chains.  In 2011 private equity firm Comvest acquired a majority
stake in the chain.


HYPNOTIC TAXI: Cases Jointly Administered for Procedural Purposes
-----------------------------------------------------------------
The Hon. Carla E. Craig of the U.S. Bankruptcy Court for the
Eastern District of New York directed the joint administration of
the Chapter 11 cases of Hypnotic Taxi LLC, and its debtor
affiliates under Lead Case No. 15-43300, for procedural purposes
only.

Hypnotic Taxi LLC and 21 of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. E.D.N.Y. Lead Case No. 15-43300) on
July 22, 2015.  The petition was signed by Evgeny Freidman as sole
and managing member.

Klestadt Winters Jureller Southard & Stevens LLP serves as the
Debtors' counsel.  Judge Carla E. Craig presides over the case.

The Debtors each own either two or three medallions issued by the
New York City Taxi and Limousine Commission that permit taxi
services to be performed by the Debtors.

Hypnotic Taxi LLC disclosed total assets of $1,941,314 and total
liabilities of $2,825,401 as of the Petition Date.

The U.S. Trustee for Region 2 appointed three creditors to serve on
the official committee of unsecured creditors.


HYPNOTIC TAXI: Needs To Borrow $350K in Subordinated DIP Loan
-------------------------------------------------------------
Hypnotic Taxi LLC, et al., seek authority from the United States
Bankruptcy Court for the Eastern District of New York to obtain
subordinated postpetition financing in the aggregate principal
amount of up to $350,000 from Philadelphia Taxi Management LLC.

The Debtors explain that the $350,000 capital is needed to fund the
costs of their restructuring efforts, including professional fees,
compensation to the Chief Restructuring Officer, United States
Trustee fees, and other normal costs and expenses.

The lender, an affiliate of the Debtors with common ownership, is
willing to provide the unsecured postpetition financing to the
Debtors, interest free and without fees, and subordinated to each
and every other creditor of the Debtors.  The Lender will make
revolving loans to the Debtors in the aggregate principal amount
not to exceed $350,000, with each revolving loan evidence by a
promissory note issued by the Debtors and payable to the Lender.
The Revolving Loans will be and are subordinated to the Allowed
Claims of any and all other creditors or parties in interest
asserting Claims against the Debtors and may not be repaid unless
and until all the other Allowed Claims have been fully paid and
satisfied.

The Debtors are represented by:

          Fred Stevens, Esq.
          Sean C. Southard, Esq.
          Maeghan J. McLoughlin, Esq.
          KLESTADT WINTERS JURELLER  SOUTHARD & STEVENS, LLP
          570 Seventh Ave., 17th Floor
          New York, New York 10018
          Tel: (212) 972-3000
          Fax: (212) 972-2245
          Email: fstevens@klestadt.com
                 ssouthard@klestadt.com

                 About Hypnotic Taxi

Hypnotic Taxi LLC and 21 of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. E.D.N.Y. Lead Case No. 15-43300) on
July 22, 2015.  The petition was signed by Evgeny Freidman as sole
and managing member.

Klestadt Winters Jureller Southard & Stevens LLP serves as the
Debtors' counsel.  Judge Carla E. Craig presides over the case.

The Debtors each own either two or three medallions issued by the
New York City Taxi and Limousine Commission that permit taxi
services to be performed by the Debtors.


INNOVATION VENTURES: Moody's Affirms B3 CFR, Outlook Stable
-----------------------------------------------------------
Moody's Investors Service affirmed the Corporate Family Rating of
Innovation Ventures', but changed the outlook to stable from
negative.  Moody's also affirmed the company's B3 senior secured
rating and SGL-2 speculative grade liquidity rating.  The outlook
revision to stable reflects Moody's view that revenues have
stabilized and will remain around current levels over the
foreseeable future.

These ratings were affirmed:

   -- Corporate Family Rating at B3
   -- Probability of Default rating at B3-PD
   -- Senior secured notes due August 2019 at B3 (LGD 4)
   -- Speculative grade liquidity rating at SGL-2

The outlook on all ratings is stable.

RATINGS RATIONALE

Innovation's B3 Corporate Family Rating reflects its reliance on
essentially one product in a niche category, making it susceptible
to changes in consumer preference and tastes.  The rating also
reflects weak corporate governance and a history of large payouts
to its owners.  These significant negative characteristics are
partially mitigated by very high profit margins and good cash flow,
driven in part by the company's dominant U.S. market position in
the niche energy shot category.  Moody's expects the company to
generate ample cash flow over the next 12 to 18 months and
distribute most of this cash to its owners.

The stable outlook reflects Moody's expectation that the company
will maintain very high product concentration, and an aggressive
financial policy in the years ahead.

The rating could be downgraded if there is a sustained decline in
sales or operating profit, leverage increases, liquidity weakens,
or Moody's becomes concerned that the company will have difficulty
refinancing its debt as maturity approaches.

Innovation's rating could be upgraded if it increases its product
diversity, adopts a more conservative financial policy, and
sustains debt to EBITDA below 2 times.

The principal methodology used in these ratings was the Global Soft
Beverage Industry published in May 2013.

Headquartered in Farmington Hills, MI, Innovation Ventures, LLC
manufactures liquid energy shots under the 5-hour ENERGY® brand.
This product is sold in 1.93 ounce bottles and is designed to
provide a feeling of alertness for hours.  It licenses the
intellectual property related to 5-hour ENERGY including the
formula and trademarks from International IP Holdings, LLC, an
entity under common control with Innovation.  Innovation is 80%
directly or indirectly owned by CEO Manoj Bhargava.  Net sales for
the twelve months ending June 30, 2015, approximated $500 million.



INTERNATIONAL BRIDGE: Wants Plan Filing Period Extended to Dec. 3
-----------------------------------------------------------------
International Bridge Corporation asks the United States Bankruptcy
Court for District of Kansas to extend its exclusive period to file
its disclosure statement and plan of reorganization until December
3, 2015, and its exclusive period to solicit acceptance of its plan
to February 3, 2016.

Prior to the Petition Date, the Debtor was involved in a United
States Department of Navy Contract Disputes Act Administrative
Proceeding, Contract Number N62742-08-C-1301 FY08 MCON P-502,
stemming from disputes regarding work performed on the Kilo Wharf
Extension for the Department of the Navy at the Commander Naval
Regional Marianas, Main Base, Guam.  The Navy Administrative
Proceeding is being litigated under the Federal Claims Act, and a
decision is central to the instant bankruptcy case.  However, a
decision will not be made in time for Debtor to file its Chapter 11
bankruptcy Plan.

International Bridge Corporation is represented by:

          Wesley F. Smith, Esq.
          STEVENS & BRAND, LLP
          900 Massachusetts, Suite 500
          P.O. Box 189
          Lawrence, KS 66044
          Tel: (785) 843-0811
          Fax: (785) 843-0341
          Email: WSmith@StevensBrand.com

                       About Int'l Bridge Corp.

International Bridge Corporation, a contractor for government
projects in the South Pacific and Guam, sought Chapter 11
protection (Bankr. D. Kan. Case No. 15-20951) in Kansas City on May
7, 2015.  Robert Toelkes, the sole shareholder and manager, signed
the petition.  The Debtor disclosed total assets of $17.4 million
and total debts of $27.4 million.

The case is assigned to Judge Robert D. Berger.  The Debtor tapped
Stevens & Brand, LLP, as its counsel.  Foulston Siefkin, LLP,
serves as the Debtor's special litigation counsel.  Robert G. Nath,
PLLC, represents the Debtor as special tax counsel.


LADDER CAPITAL: Fitch Affirms 'BB' Issuer Default Rating
--------------------------------------------------------
Fitch Ratings has affirmed the long-term Issuer Default Ratings
(IDRs) and senior unsecured note ratings of Ladder Capital Finance
Holdings LLLP and Ladder Capital Finance Corporation at 'BB'. The
Rating Outlook is Stable.

KEY RATING DRIVERS

The affirmations incorporate Ladder's growing commercial real
estate (CRE) investment platform that enables flexibility to invest
across products, a conservative underwriting culture, and access to
multiple sources of capital. Ladder varies its leverage depending
on the risk profiles of and allocation levels to the various CRE
asset classes in which it invests. As a result of an increased
allocation to 'AAA' and other investment grade rated CMBS
securities over the last two years, the overall corporate debt to
equity ratio increased to 2.7x as of June 30, 2015, at the higher
end of the company's articulated target of 2.0x-3.0x and up from
the 1.5x-2.0x range from 2011-2013.

Ladder's credit strengths include growing core earnings through
periods of market volatility, recently reduced reliance on gain on
sale income -- though this has yet to be sustained over an extended
period -- and adequate liquidity. Rating constraints include the
company's less diversified business model focused on the commercial
real estate sector, high proportion of secured funding, weak
unencumbered asset coverage of unsecured debt following the August
2014 bond offering, reduced capital retention stemming from the
parent Ladder Capital Corp's (LADR) REIT tax election effective
Jan. 1, 2015, the absence of a track record as a standalone entity
through a full credit cycle and key man risk.

Symbiotic Business Lines

Fitch has a favorable view of Ladder's track record of originating
conduit and balance sheet mortgage loans, purchasing investment
grade CMBS, U.S. Agency and other securities, and acquiring net
lease and other equity real estate as market conditions warrant.
Net lease equity real estate and highly rated securities balance
Ladder's gain on sale for conduit loans and higher risk balance
sheet loans given that they are on properties undergoing
transition. The balance sheet continues to grow, with total assets
increasing to $5.7 billion as of June 30, 2015 from $3.4 billion as
of Dec. 31, 2013.

As noted in Fitch's commentary 'Commercial mREITs Eye Growth as
Banks Keep CRE in Check,' dated July 6, 2015, commercial mortgage
REITs (mREITs) like LADR are becoming more prominent in the
commercial real estate lending market. There is a possibility that
commercial mREITs will fill a void left by large U.S. banks, which
have pulled back from the more volatile segments of CRE lending,
such as construction, acquisition and land development while
growing overall CRE lending volumes post-crisis. Ladder has
significant floating-rate loan holdings (60% of total loans as of
June 30, 2015), including higher risk CRE loans on transitional
properties, thereby potentially benefitting from a rising interest
rate environment.

Conservative Underwriting Culture

Ladder was founded during the financial crisis in October 2008 and
has operated during multiple periods of market volatility without
incurring credit losses since inception. Ladder's average
loan-to-value is lower and debt service coverage and debt yield
levels are higher than commercial real estate finance peers,
including other commercial mREITs, banks, and other real estate
investment and asset management firms, a credit positive. Ladder's
average loan balance was $19 million as of June 30, 2015, limiting
individual loss exposures, and the weighted average loan-to-value
on balance sheet first mortgage loans was approximately 64% as of
June 30, 2015, down from approximately 70% year-over-year.

Access to Multiple Sources of Capital; FHLB Remains a Low-Cost
Alternative

Ladder remains reliant on wholesale funding sources, although there
is growing diversity amongst Ladder's sources of capital. As of
June 30, 2015, the company had five repurchase facilities, two
secured credit facilities and a corporate credit facility from
numerous lending institutions, mortgage loan borrowings, borrowings
from the Federal Home Loan Bank (FHLB), and access to unsecured
notes and public equity.

In June 2015, Ladder's captive insurer subsidiary, Tuebor Captive
Insurance Company LLC (Tuebor), increased its FHLB advance limit to
the lesser of $2.9 billion, 40% of Ladder's total assets or 150% of
Ladder's total equity ($325 million increase). This came almost a
year after the FHLBs' regulator, the Federal Housing Finance
Agency, proposed rules to revise the requirements for financial
institutions to apply for and retain membership in one of the 12
FHLBs. Among the proposed rules was that existing captive insurers
would sunset over five years. Ladder has continued to take
advantage of the low-cost funding afforded to FHLB borrowers.
Interest rates on Tuebor's FHLB borrowings ranged from 0.25% to
2.74% as of June 30, 2015, which is among the lowest borrowing
rates for any of Ladder's borrowings. Therefore, Fitch expects
Ladder to continue accessing this capital source when financing
certain first mortgage loans, mezzanine loans and investment grade
CRE securities.

Fitch believes that Ladder's potential loss of access to FHLB
funding would be manageable, considering Ladder finances high
quality conduit loans and CMBS securities with the FHLB. These
investments can be replaced with other sources of funding including
term debt and repurchase facilities. However, this shift in funding
would increase Ladder's cost of borrowing impacting its
profitability metrics, and if replaced with shorter-term repurchase
facilities, further reduce Ladder's liquidity profile and financial
flexibility. Fitch will monitor the regulatory developments and
continues to view access to more unsecured and longer-term funding
sources positively.
Increase in Leverage

Ladder levers its assets based on their liquidity and volatility
characteristics, with highly rated securities levered the highest,
followed by net lease and other real estate equity, conduit loans,
and balance sheet loans. The company matches its assets and
liabilities well from a funding duration standpoint. Low leverage
has been a key credit strength for Ladder but increased to 2.7x as
of June 30, 2015, at the upper end of the company's articulated
target of 2.0x-3.0x, from 1.9x as of Dec. 31, 2014 and 1.4x as of
Dec. 31, 2013. Should the company fully utilize its recently
authorized up to $50 million share repurchase program, leverage
would increase slightly to 2.8x, which would still be appropriate
for the 'BB' rating.

Growing Core Earnings and Lower Reliance on Gain-on-Sale Income

Core earnings totalled $100.1 million during the first half of
2015, down year-over-year due in part to adjustments related to the
timing of the recognition of hedge results and the realization of
gains/losses related to the sale of hedged assets. The overall
earnings trajectory has remained strong at $219.3 million in 2014,
up from $200.3 million in 2013 and $177.5 million in 2012. This
comes despite several periods of volatility in the commercial real
estate debt markets during the past several years. Core earnings to
average equity was 13.3% in 1H2015, down slightly from 16.3% in
2014 and 17.5% in 2013; the decline was partially driven by a
reduction in loan sale proceeds, including securitization profits.


Notably, the quality of Ladder's earnings has improved from a
credit standpoint as gain on sale income (loan sales and gain on
securities), net of hedges related to securitized loans,
represented 30.9% of net revenues in 1H2015, down from 51.0% in
2014 and 53.3% in 2013. Greater revenue diversity with reduced
reliance on gain on sale income over a longer term period would be
viewed favorably by Fitch.

Predominantly Secured Borrower

Ladder's secured debt represented 83.2% of total debt and 59.5% of
total assets as of June 30, 2015, which limits financial
flexibility. In addition, unencumbered asset coverage of unsecured
notes has weakened over the past year due to the company's August
2014 bond offering. Unencumbered assets and unrestricted cash
totaled $835.2 million as of June 30, 2015, which covered unsecured
debt by 1.2x. This ratio is down from 2.2x as of June 30, 2014.

Nevertheless, Ladder's liquidity position remains adequate with
sources (unrestricted cash, projected retained cash flows from
operating activities) covering uses (debt maturities assuming a 90%
refinance rate on secured debt, operating lease expense, securities
commitments remaining to be funded and unfunded commitments on
mortgage loan receivables) by 1.0x through Dec. 31, 2016. As of
June 30, 2015, Ladder had $957.6 million of excess committed
capacity under its committed secured repurchase funding facilities
and other repurchase facilities, $38 million under its secured
credit agreement, and $507.8 million of undrawn committed term
financing from FHLB, for a combined $1.5 billion available to fund
future growth in its business.

Key Man Risk

Key man risk is not unusual for mortgage REITs or similar finance
companies. In Fitch's view, key man risk continues to reside with
the Chief Executive Officer of Ladder. However, the company has a
deep bench, and the six executive officers of the company average
26 years of commercial real estate finance experience. In August
2015, Ladder's Chief Investment Officer resigned to assume the
Chief Executive Officer role at a competing commercial real estate
investment platform. Fitch views Ladder as having sufficient
remaining management depth to absorb this departure.

As of June 30, 2015, Ladder's management team and directors held
interests in the company comprising 12.3% of the company's total
equity, aligning interests of management and shareholders.

REIT Tax Election Credit Neutral; Higher Dividend Payout Ratio

LADR's REIT tax election effective Jan. 1, 2015 had no impact on
Ladder's 'BB' long-term IDR or Stable Outlook. This was because of
Ladder's intention to maintain a consistent operating strategy and
pay a portion of the dividend in common stock rather than an
all-cash dividend, which offset the limited capital retention
flexibility that comes with REIT election. The REIT conversion
negatively impacts Ladder's ability to retain capital for growth
and/or opportunistic activity, driven primarily by the requirement
that REITs distribute at least 90% of taxable income to
shareholders.

As a result of the REIT tax election, Ladder is expected to retain
approximately 45% of its core earnings going forward, compared to
approximately 60% prior to the REIT conversion. All else being
equal, the REIT conversion increased after-tax core earnings
because of a lower effective tax rate as a REIT, but this was
somewhat offset by an increase in the company's cash dividend to
$1.10 per share from $0 per share previously.

RATING SENSITIVITIES

IDRS AND SENIOR DEBT

The Stable Outlook reflects Fitch's expectation that the company
will continue to prudently grow its business, maintain conservative
underwriting standards, and continue to moderate reliance on gain
on sale income. This is offset by Ladder's increase in leverage and
growing access to FHLB financing, which is economical but
nevertheless constrains further growth in the unencumbered pool and
the ratio of unencumbered asset coverage of unsecured debt.

The following factors may have a positive impact on Ladder's
ratings and/or Outlook:

-- Greater revenue diversity with a sustained reduction in
reliance on gain on sale income;

-- Sustained profitability and asset quality performance through
multiple market environments, while maintaining conservative
leverage at the lower end of the 2.0x-3.0x target and strong
liquidity levels;

-- Increased economic access to long-term unsecured debt funding.

The following factors may have a negative impact on Ladder's
ratings and/or Outlook:

-- Regulatory risks that immediately impede access to FHLB
borrowings without an offsetting increase in long-term economic
sources of funding;

-- Material increase in exposure to more aggressively underwritten
balance sheet loans or real estate equity investments without
adequate reserves and commensurate decrease in leverage;

-- An increase in leverage beyond the company's articulated
target;

-- Sustained reduction in liquidity levels and/or unencumbered
assets relative to outstanding unsecured debt;

-- Sustained operating losses or material weakening of asset
quality.

Fitch has affirmed the following ratings of Ladder Capital Finance
Holdings LLLP and Ladder Capital Finance Corporation:

-- IDRs at 'BB';
-- Senior unsecured notes at 'BB'.

The Rating Outlook is Stable.



LEHMAN BROTHERS: Trustee Begins Third Payout to Brokerage Creditors
-------------------------------------------------------------------
James W. Giddens, Trustee for the liquidation of Lehman Brothers
Inc. under the Securities Investor Protection Act and chair of the
Hughes Hubbard & Reed LLP Corporate Reorganization and Bankruptcy
Group, initiated the third interim distribution to unsecured
general creditors with allowed claims on Sept. 9 by wiring and
sending checks totaling $1.75 billion to claimants.  Distributions
from the LBI estate will now total $114 billion, the largest
distributions across the worldwide Lehman insolvency proceedings.  


"The third multi-billion dollar distribution to general creditors
is underway as winding down the estate moves ahead," Mr. Giddens
said.  "We will continue to resolve remaining claims to maximize
potential future distributions and successfully conclude the
largest broker-dealer liquidation in history."

In August 2015, the Bankruptcy Court approved the Trustee's motion
for a third interim distribution with an allocation of $1.9
billion.  More than 90 percent of the allocated funds for the third
interim distribution are being distributed this week, and
distributions will continue as necessary tax forms are received.
The cumulative payout on allowed claims of unsecured general
creditors now totals 35 percent.

The Trustee has distributed approximately $7.65 billion to LBI's
creditors since July 2014.  Customers have received more than $106
billion, fully satisfying the 111,000 customer claims.  Secured,
priority, and administrative creditors have also received 100
percent distributions.   

The Trustee is represented by Hughes Hubbard & Reed LLP.

Joseph Checkler, writing for Dow Jones' Daily Bankruptcy Review,
reported that the payments, approved by Lehman's bankruptcy judge
in July, will bring a recovery of about 35 cents on the dollar.
Combined with distributions made to customers, the total amount
recovered in the brokerage's liquidation will be around $114
billion, the report noted.

                   About Lehman Brothers

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

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

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

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

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

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

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

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

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


LUCA INTERNATIONAL: Hires Hoover Slovacek as Attorneys
------------------------------------------------------
Luca International Group LLC and its debtor-affiliates seek
authorization from the U.S. Bankruptcy Court for the Southern
District of Texas to employ Edward L. Rothberg and Hoover Slovacek
LLP as attorneys, effective as of the Aug. 6, 2015 petition date.

The Debtors require Hoover Slovacek to:

   (a) assist, advise and represent the Debtors relative to the
       administration of these Chapter 11 cases;

   (b) assist, advise and represent the Debtors in analyzing the
       Debtors' assets and liabilities, investigating the extent
       and validity of liens and participating in and reviewing
       any proposed asset sales or dispositions;

   (c) attend meetings and negotiate with the representatives of
       the secured creditors;

   (d) assist the Debtors in the preparation, analysis and
       negotiation of any plan of reorganization and disclosure
       statement accompanying any plan of reorganization;

   (e) take all necessary action to protect and preserve the
       interests of the Debtors;

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

   (g) perform all other necessary legal services in these cases.

Hoover Slovacek will be paid at these hourly rates:

       Edward L. Rothberg            $425
       Annie Catmull                 $335
       Melissa Haselden              $310
       Deirdre C. Brown              $300
       T. Josh Judd                  $285
       Brendetta A. Scott            $250
       Legal Assistants/Paralegals   $110-$150

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

Hoover Slovacek was paid $20,000 for pre-petition bankruptcy
representation and counsel. Prior to the filing, Hoover Slovacek
received filing fees of $20,604.00 to be paid on behalf of the
Debtors.

Edward L. Rothberg, partner of Hoover Slovacek, 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.

Hoover Slovacek can be reached at:

       Edward L. Rothberg, Esq.
       HOOVER SLOVACEK LLP
       5051 Westheimer
       Suite 1200
       Houston, TX 77056
       Tel: (713) 977-8686
       Fax: (713) 977-5395
       E-mail: rothberg@hooverslovacek.com

                      About Luca International

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

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

The Debtors tapped Hoover Slovacek, LLP, as counsel, and BMC Group,
Inc., as claims agent.

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

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


MAGNETATION LLC: Court Approves Trenti Law as Minnesota Counsel
---------------------------------------------------------------
Magnetation LLC and its debtor-affiliates sought and obtained
permission from the Hon. Gregory F. Kishel of the U.S. Bankruptcy
Court for the District of Minnesota to employ Trenti Law Firm as
Minnesota local real estate counsel, nunc pro tunc to July 13,
2015.

The Debtors anticipate that Trenti Law will render certain legal
services during these chapter 11 cases in connection with real
estate research, negotiations and document preparation, as well as
other matters that may involve Minnesota real estate law as
requested by the Debtors.

Trenti Law will be paid at these hourly rates:

       Attorney               $240
       Legal Assistant        $120

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

Scott C. Neff, attorney at Trenti Law, 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.

Trenti Law can be reached at:

       Scott C. Neff, Esq.
       TRENTI LAW FIRM
       225 First Street North, Suite 1000
       P.O. Box 958
       Virginia, MN 55792
       Tel: (218) 749-1962
       Fax: (218) 749-4308
       E-mail: scn@trentilaw.com

                      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 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.


MAGNETATION LLC: Court Okays Bingham Greenebaum as Indiana Counsel
------------------------------------------------------------------
Magnetation LLC and its debtor-affiliates sought and obtained
permission from the Hon. Gregory F. Kishel of the U.S. Bankruptcy
Court for the District of Minnesota to employ Bingham Greenebaum
Doll LLP as Indiana local counsel, nunc pro tunc to June 10, 2015.

The Debtors anticipate that Bingham Greenebaum will render certain
legal services during these chapter 11 cases in connection with the
defense of an annexation proceeding, a personal injury claim under
Indiana law, as well as other matters that may involve Indiana law,
as requested by the Debtors.

Bingham Greenebaum will be paid at these hourly rates:

       Partner                 $450
       Associate Attorney      $275

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

Matthew M. Price, partner of Bingham Greenebaum, 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.

Bingham Greenebaum can be reached at:

       Matthew M. Price, Esq.
       BINGHAM GREENEBAUM DOLL LLP
       2700 Market Tower
       10 West Market Street
       Indianapolis, IN 46204
       Tel: (317) 635-8900

                      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 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.


MEDIA GENERAL: S&P Puts 'BB-' Corp. Credit Rating on Watch Negative
-------------------------------------------------------------------
Standard & Poor's Ratings Services placed its ratings, including
the 'BB-' corporate credit rating, on Richmond, Va.-based
television broadcaster Media General Inc. on CreditWatch with
negative implications.

The CreditWatch placement follows the company's announcement that
it has entered into a definitive agreement to merge with Des
Moines, Iowa-based Meredith Corp. (not rated) in a transaction
valued at $2.4 billion.

The combined company will own and operate or service 88 stations in
54 television markets, reaching approximately 30% of U.S.
households.  It will also have several leading women-focused
magazine and digital brands.

S&P views Media General's business risk profile as "satisfactory"
and believe the transaction will not affect that assessment, though
the acquisition will increase the size and scale of the company's
TV broadcasting assets.  This should provide some benefit in Media
General's retransmission consent negotiations with cable,
satellite, and telecom video service providers, as well as for its
programming purchases and station management efficiency.

The transaction will be financed with a combination of Media
General stock and approximately $1.5 billion in cash.  S&P expects
the company to fund the cash component with cash on the balance
sheet and the issuance of incremental debt.  As a result, S&P
expects the combined company's adjusted leverage to be above its 5x
leverage threshold for an "aggressive" financial risk profile
assessment when the transaction closes.

In resolving S&P's CreditWatch placement, it will fully evaluate
Media General's ability to integrate all of its acquired stations
from the LIN Media LLC and Meredith Corp. acquisitions.  In
addition, S&P will assess the combined company's financial risk
profile and evaluate its financial policy and ability to reduce
debt to average trailing-eight-quarter EBITDA below 5x on a
sustained basis within one year of the transaction closing.



MF GLOBAL: November 20 PwC Settlement Fairness Hearing Set
----------------------------------------------------------
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK

IN RE MF GLOBAL HOLDINGS LIMITED SECURITIES LITIGATION,
Civil Action No. 1:11-CV-07866-VM

THIS DOCUMENT RELATES TO:

All Securities Actions, (DeAngelis v. Corzine), ECF CASE

SUMMARY NOTICE OF (I) CERTIFICATION OF SETTLEMENT CLASSES; (II)
PROPOSED SETTLEMENTS WITH PRICEWATERHOUSECOOPERS LLP AND THE
INDIVIDUAL DEFENDANTS; (III) MOTION FOR AN AWARD OF ATTORNEYS'
FEES AND REIMBURSEMENT OF EXPENSES; AND (IV) SETTLEMENT FAIRNESS
HEARING

TO: All persons and entities who or which, during the period
beginning on May 20, 2010 through and including November 21, 2011,
purchased or otherwise acquired any MF Global Securities(1) and
were damaged thereby (the PwC and the Individual Defendant
Settlement Classes).

PLEASE READ THIS NOTICE CAREFULLY, YOUR RIGHTS WILL BE AFFECTED BY

A CLASS ACTION LAWSUIT PENDING IN THIS COURT.

YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules
of Civil Procedure and an Order of the United States District Court
for the Southern District of New York, that the above-captioned
litigation (the "Action") has been certified as a class action for
the purposes of settlement only on behalf of the PwC Settlement
Class and the Individual Defendant Settlement Class, except for
certain persons and entities who are excluded from those Settlement
Classes by definition as set forth in the full printed Notice of
(I) Certification of Settlement Classes; (II) Proposed Settlements
with PricewaterhouseCoopers LLP and the Individual Defendants;(III)
Motion for an Award of Attorneys' Fees and Reimbursement of
Expenses; and (IV) Settlement Fairness Hearing (the "Notice").

YOU ARE ALSO NOTIFIED that Lead Plaintiffs in the Action have
reached proposed partial settlements of the Action (i) with
defendant PricewaterhouseCoopers LLP ("PwC" for $65,000,000 in cash
(the "PwC Settlement") and (ii) Jon S. Corzine, J. Randy MacDonald,
and Henri J. Steenkamp (collectively, the "Officer Defendants"),
David P. Bolger, Eileen S. Fusco, David Gelber, Martin J.G. Glynn,
Edward L. Goldberg, David I. Schamis, and Robert S. Sloan
(collectively, the "Director Defendants," together
with the Officer Defendants, the Individual Defendants") for
$64,500,000 in cash, that, if approved, will resolve all claims
asserted in the Action against PwC, MFG Global's outside auditor,
and against the Individual Defendants, respectively.  These
proposed Settlements will be considered independently by the Court
and they do not resolve any claims against the other Defendants in
the Action.

A hearing will be held on November 20, 2015 at 9:30 a.m., before
the Honorable Victor Marrero at the United States District Court
for the Southern District of New York, Courtroom 11B of the United
States Courthouse, 500 Pearl Street, New York, NY 10007 to
determine:

     (i) whether the proposed PwC Settlement should be approved as
fair, reasonable, and adequate;

    (ii) whether the proposed Individual Defendant Settlement
should be approved as fair, reasonable, and adequate;

   (iii) whether the Action should be dismissed with prejudice as
against PwC and the Releases specified and described in the
Stipulation and Agreement of Settlement with PricewaterhouseCoopers
LLP dated April 3, 2015 should be granted;

    (iv) whether the Action should be dismissed with prejudice as
against the Individual Defendants and the Releases specified and
described in the Stipulation and Agreement of Settlement with the
Individual Defendants and the Releases specified and described in
the Stipulation and Agreement of Settlement with the Individual
Defendants dated July 2, 2015 should be granted;

     (v) whether the proposed Plan of Allocation for the proceeds
of the settlements achieved in the Action is fair reasonable and
should be approved; and

    (vi) whether the Co-Lead Counsel's application for an award of
attorney's fees and reimbursement of litigation expenses should be
approved.

If you are a member of the PwC or the Individual Defendant
Settlement Class, your rights will be affected by the proposed
settlements and any orders or judgments related to those
settlements, and you may be entitled to share in the PwC and/or
Individual Defendant Settlement Funds.  If you have not yet
received the Notice, the proposed Plan of Allocation and the Proof
of Claim Form (the "Notice Packet") you may obtain copies of those
documents by contacting the Claims Administrator at In re MF Global
Holdings Limited Securities Litigation, c/o Garden City Group, LLC,
P.O. Box 10164, Dublin, OH 43017-3164, or calling toll-free
1-877-940-5045.  Copies of those documents can also be downloaded
from the website maintained by the Claims Administrator,
www.MFGlobalSecuritiesClassAction.com

Please note, if you are a member of the PwC or the Individual
Defendant Settlement Class, you may also be a member of the classes
certified in connection with the settlement with certain
Underwriter Defendants (the "Underwriter Settlement") and the
settlement with defendant Commerz Markets LLC ("the Commerz
Settlement").  In order to be eligible to receive a payment from
those settlements, which were approved by the Court on June 26,
2015, or from the proposed PwC and Individual Defendant
Settlements, if they are approved, you must submit a Proof of Claim
Form postmarked no later than December 3, 2015(2).  If you are a
member of one or more of these settlement classes and do not submit
a proper Proof of Claim Form, you will not be eligible to share in
the distribution of net proceeds of the settlement(s) obtained on
behalf of those class(es) in which you are a member but you will
nevertheless be bound by any judgments or orders entered by the
Court related to the applicable settlement(s).

If you are a member of the PwC or the Individual Defendant
Settlement Class and wish to exclude yourself from the class, you
must submit a written request for exclusion such that it is
received no later than October 23, 2015, in accordance with the
instructions set forth in the Notice. (The deadline for requesting
exclusion from the Underwriter and Commerz Settlement classes has
passed, as set forth in the notices of those settlements which were
previously disseminated and which can be viewed on the website
noted above.)  If you properly exclude yourself from the PwC or the
Individual Defendant Settlement Class, you will be excluded from
both of those classes and you will also be excluded from any other
classes that may be certified in the Action in which you would
otherwise be a member, you will not be bound by any judgments or
orders entered by the Court in the Action with respect to the PwC
or Individual Defendant Settlements or any classes yet to
certified, and you will not be eligible to share in the proceeds of
the PwC or the Individual Defendant Settlements or any other
recoveries that may subsequently be obtained in the Action.

Any objections to the proposed PwC Settlement, the proposed
Individual Defendant Settlement, the proposed Plan of Allocation,
or Co-Lead Counsel's motion for attorneys' fees and reimbursement
of litigation expenses must be filed with the Court and delivered
to Co-Lead Counsel, and if the objection to the PwC Settlement
and/or Individual Defendant Settlement, to designated counsel for
those Defendants such that they are received no later than October
23, 2015, in accordance with the instructions set forth in the
Notice.

Please do not contact the Court, the Clerk's office, Defendants or
their counsel regarding this notice.  All questions about this
notice or the proposed PwC and Individual Defendant Settlements,
the Plan of Allocation or the fee/expense application should be
directed to Co-Lead Counsel or the Claims Administrator.

Inquiries, other than requests for the Underwriter Notice, should
be made to Co-Lead Counsel:

BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP
Salvatore J. Graziano, Esq.
1285 Avenue of the Americas
New York, NY 10019
(800) 380-8496
blbg@blbglaw.com

or

BLEICHMAR FONTI TOUNTAS & AULD LLP
Javier Bleichmar, Esq.
7 Times Square, 27th Floor
New York, NY 10036
(212) 789-1341
bfta@bftalaw.com

Requests for the Underwriter Notice or to be added to the mailing
list for future notices in the Action should be made to:

In re MF Global Holdings Limited Securities Litigation
c/o Garden City Group, LLC
P.O. Box 10164
Dublin, OH 43017-3164
(877) 940-5045
www.MFGlobalSecuritiesClassAction.com

By Order of the Court

1 The MF Global Securities are: the common stock of MF Global
Holdings Limited ("MF Global") (including shares acquired through
the MF Global Ltd. Amended and Restated 2007 Long Term Incentive
Plan or the MF Global Ltd. Stock Purchase Plan) (CUSIP 55277J108);
MF Global's 9% Convertible Senior Notes due June 20, 2038 issued on
or about June 25, 2008 (CUSIP 55276YAB2); MF Global's 1.875%
Convertible Senior Notes due February 1, 2016 issued on or about
February 7, 2011 (CUSIP 55277JAA6); MF Global's 3.375% Convertible
Senior Notes due August 1, 2018 issued on or about July 28, 2011
(CUSIP 55277JAB4); and MF Global's 6.25% Senior Notes due August 8,
2016 issued on or about August 1, 2011 (CUSIP 55277JAC2).

2 If you ask to be excluded from the PwC and the Individual
Defendant Settlement Classes, but you are a member of the
Underwriter and/or Commerz Settlement Class(es) you will still be
eligible to participate in the recoveries obtained in connection
with those settlements, but you will not be eligible to
participate in the recoveries obtained from PwC and the Individual
Defendants if those settlements are approved or any subsequent
recoveries achieved.

    About MF Global

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

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

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

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

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

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

The Chapter 11 Trustee has tapped (i) Freeh Sporkin & Sullivan LLP,
as investigative counsel; (ii) FTI Consulting Inc., as
restructuring advisors; (iii) Morrison & Foerster LLP, as
bankruptcy counsel; and (iv) Pepper Hamilton as special counsel.
  
The Official Committee of Unsecured Creditors has retained Capstone
Advisory Group LLC as financial advisor, while lawyers at Proskauer
Rose LLP serve as counsel.

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

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

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


NIGHTTIME OF PALM BAY: Case Summary & 3 Top Unsecured Creditors
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Debtor: Nighttime of Palm Bay, Inc.
           dba Crossroads Sports Bar
        5070 Minton Road
        Palm Bay, FL 32907

Case No.: 15-07698

Chapter 11 Petition Date: September 8, 2015

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

Debtor's Counsel: Kenneth D Herron, Jr., Esq.
                  WOLFF, HILL, MCFARLIN & HERRON, P. A.
                  1851 West Colonial Drive
                  Orlando, FL 32804
                  Tel: 407-648-0058
                  Fax: 407-648-0681
                  Email: kherron@whmh.com

Estimated Assets: $100,000 to $500,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by George McCall, president.

A list of the Debtor's three largest unsecured creditors is
available for free at http://bankrupt.com/misc/flmb15-07698.pdf


NNN MET: Asks Court to Set Oct. 30 as General Claims Bar Date
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NNN Met Center 15 39, LLC, et al., ask the U.S. Bankruptcy Court
for the Northern District of California to establish Oct. 30, 2015,
as the deadline for any individual or entity to file proofs of
claim against the Debtor.  The Debtor also ask that the Court set
the bar date for governmental units as 180 days after the date of
the order for relief in the case.

                           About NNN Met

NNN Met Center 15 39 and 32 of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. N.D. Calif. Lead Case No. 15-42359)
on
July 31, 2015.  Alan Sparks signed the petitions as manager and
responsible individual.  NNN Met Center 15 39, LLC, disclosed
total assets of $32,003,866 and total liabilities of $28,143,523
as of the Petition Date.  

Judge William J. Lafferty presides over the cases.  The Law Offices
of Darvy Mack Cohan represents the Debtors as counsel.  Elkington
Shepherd LLP serves as their local counsel.

On Aug. 12, 2015, the Court, in its amended order approved the
joint
administration of the cases.

Creditors have until Oct. 30, 2015, to file proofs of claim against

the Debtors.


NNN MET: Cases Joint Administered for Procedural Purposes Only
--------------------------------------------------------------
The Hon. William J. Lafferty, III, of the U.S. Bankruptcy Court for
the Northern District of California signed an amended order
directing the joint administration of the Chapter 11 cases of NNN
Met Center 15 39, LLC, and its debtor affiliates, under Lead Case
No. 15-42359.  Judge Lafferty makes clear that the joint
administration is for procedural purposes only.

                           About NNN Met

NNN Met Center 15 39 and 32 of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. N.D. Calif. Lead Case No. 15-42359)
on
July 31, 2015.  Alan Sparks signed the petitions as manager and
responsible individual.  NNN Met Center 15 39, LLC, disclosed
total assets of $32,003,866 and total liabilities of $28,143,523
as of the Petition Date.  

Judge William J. Lafferty presides over the cases.  The Law Offices
of Darvy Mack Cohan represents the Debtors as counsel.  Elkington
Shepherd LLP serves as their local counsel.

Creditors have until Oct. 30, 2015, to file proofs of claim against

the Debtors.


OAKFABCO INC: Hires Reed Smith as Bankruptcy Counsel
----------------------------------------------------
Oakfabco, Inc. seeks authorization from the U.S. Bankruptcy Court
for the Northern District of Illinois to employ Reed Smith LLP as
counsel, nunc pro tunc to the Aug. 7, 2015 petition date.

The Debtor anticipates that Reed Smith will perform, among others,
the following legal services:

   (a) representation of the Debtor, as debtor-in-possession, to
       prepare all necessary motions, applications, answers,
       orders, reports, and other papers in connection with the
       administration of the Debtor's estate;

   (b) advise the Debtor with respect to its powers and duties as
       debtor and debtor-in-possession in the continued management

       and operation of its business and assets;

   (c) attend meetings and negotiate with representatives of
       creditors and other parties in interest and advise and
       consult on the conduct of the chapter 11 case, including
       all of the legal and administrative requirements of
       operating in chapter 11;

   (d) representation of the Debtor in connection with matters
       involving its insurance coverage for asbestos claims;

   (e) representation of the Debtor in actions to protect and
       preserve the Debtor's estate, including the prosecution of
       actions on its behalf, the defense of any actions commenced

       against the estate, negotiations concerning all litigation
       in which the Debtor may be involved and objections to
       claims filed against the estate;

   (f) representation of the Debtor in connection with the
       negotiation and preparation on behalf of the Debtor of a
       liquidating plan of reorganization and all related
       documents;

   (g) appear before this Court, any appellate courts, and the
       U.S. Trustee, and protect the interests of the Debtor's
       estate before such courts and the U.S. Trustee;

   (h) perform all other necessary legal services and provide all
       other necessary legal advice to the Debtor in connection
       with the chapter 11 case; and

   (i) additional matters that may be assigned to it from time to
       time.

Reed Smith will be paid at these hourly rates:

       Paul M. Singer, Partner        $750
       Steven T. Bobo, Partner        $685
       Luke A. Sizemore, Associate    $470
       Joseph D. Filloy, Associate    $470
       Partners                       $530-$910
       Counsel                        $440-$915
       Associates                     $210-$725
       Legal Assistants,
       Paralegals and Support Staff   $110-$385

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

Reed Smith set off its unbilled time and expenses against the funds
held in its client trust account the day prior to the filing of the
Debtor's Chapter 11 petition. The set off was in the amount of
$243,352.56 ($241,114.50 for fees and $2,238.06 for expenses),
leaving a balance in the trust account of $1,031,647.44.

Paul M. Singer, partner of Reed Smith, 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.

Reed Smith can be reached at:

       Stephen T. Bobo, Esq.
       REED SMITH LLP
       10 S. Wacker Drive
       Suite 4000
       Chicago, IL 60606
       Tel: (312) 207-1000
       FaX: (312) 207-6400

                      About Oakfabco, Inc.

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

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

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

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


OAKFABCO INC: Taps Logan & Company as Claims and Noticing Agent
---------------------------------------------------------------
Oakfabco, Inc. seeks authorization from the Hon. Jack B.
Schmetterer of the U.S. Bankruptcy Court for the Northern District
of Illinois to employ Logan & Company, Inc. as claims and noticing
agent, nunc pro tunc to the Aug. 7, 2015 petition date.

The Debtor requires Logan & Company to:

   (a) prepare and serve required notices and documents in
       this Chapter 11 Case in accordance with the Bankruptcy
       Code and the Bankruptcy Rules in the form and manner
       directed by the Debtor and/or the Court, including (i)
       notice of the commencement of this Chapter 11 Case and the
       initial meeting of creditors under section 341(a) of the
       Bankruptcy Code, (ii) notices of objections to claims and
       objections to transfers of claims, (iii) notices of
       hearings on motions filed by the Office of the United
       States Trustee for the Northern District of Illinois, (iv)
       notices of transfers of claims, (v) notices of any hearings

       on a disclosure statement and confirmation of the Debtor's
       plan of reorganization, (vi) notice of the effective date
       of any plan, and (vii) all other notices, orders,
       pleadings, publications, or other documents as the Debtor
       or Court may deem necessary or appropriate for an orderly
       administration of this Chapter 11 Case;

   (b) maintain an official copy of the Debtor's schedules of
       assets and liabilities and statements of financial affairs
       (collectively, the "Schedules"), listing the Debtor's known
       creditors and amounts owed thereto;

   (c) maintain the Master Service List (as the term is defined in

       the Debtor's Motion for Entry of an Order Establishing
       Certain Case Management Procedures);

   (d) maintain a post office box or address for the purpose of
       receiving claims and returned mail and processing all mail
       received;

   (e) for all notices, motions, orders, or other pleadings or
       documents served, prepare and file or causing to be filed
       with the Clerk an affidavit or certificate of service
       within 7 business days of service which includes (i) either

       a copy of the notice served or the docket number(s) and
       title(s) of the pleading(s) served, (ii) a list of persons
       to whom it was mailed (in alphabetical order) with their
       addresses, (iii) the manner of service, and (iv) the date
       served;

   (f) process all proofs of claim received, including those
       received by the Clerk, checking said processing for
       accuracy, and maintaining the original proofs of claim in a
       secure area;

   (g) maintain the official claims register (the "Claims
       Register") for the Debtor on behalf of the Clerk; upon the
       Clerk's request, providing the Clerk with certified,
       duplicate, unofficial Claims Register; and specifying in
       the Claims Register the following information for each
       claim docketed: (i) the claim number assigned, (ii) the
       date received, (iii) the name and address of the claimant
       and agent, if applicable, who filed the claim, (iv) the
       amount asserted, (v) the asserted classification(s) of the
       claim (e.g., secured, unsecured, priority, etc.), and (vi)
       any disposition of the claim.

   (h) record all transfers of claims and providing any notices
       of such transfers as required by to Bankruptcy Rule
       3001(e);

   (i) upon completion of the docketing process for all claims
       received to date for each case, turning over to the Clerk
       copies of the Claims Register for the Clerk's review (upon
       the Clerk's request);

   (j) monitor the Court's docket for all notices of appearance,
       address changes, and claims-related pleadings and orders
       filed and making necessary notations on and changes to
       the claims register and any service or mailing lists,
       including to identify and eliminate duplicative names and
       addresses from such lists;

   (k) identify and correct any incomplete or incorrect
       addresses in any mailing or service lists;

   (l) assist in the dissemination of information to the public
       and responding to requests for the administrative
       information regarding this Chapter 11 Case as directed by
       the Debtor or the Court, including through the use of a
       case website and/or call center;

   (m) 30 days prior to the close of this Chapter 11 Case,
       to the extent practicable, requesting that the Debtor
       submit to the Court a proposed order dismissing Logan as
       Claims and Noticing Agent and terminating its services in
       such capacity upon completion of its duties and
       responsibilities and upon the closing of this Chapter 11
       Case;

   (n) within 7 days of notice to Logan of entry of an order
       closing this Chapter 11 Case, providing to the Court
       the final version of the Claims Register as of the date
       immediately before the close of this Chapter 11 Case; and

   (o) provide such other claims processing, noticing, and
       related administrative services as may be requested from
       time to time by the Debtor.

Under the Services Agreement, Logan will invoice the Debtor monthly
for services rendered to the Debtor during the preceding month,
except that the Debtor will pay Logan by wire transmission of funds
for all (a) legal publications costs; and (b) postage for any
mailing to at least 500 creditors, before such publication or
mailing, as the case may be.

As set forth in the Services Agreement, the Debtor has paid, or
will pay, Logan a retainer of $3,000.

Kathleen Logan, president of Logan & Company, 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.

Logan & Company can be reached at:

       Kathleen Logan
       LOGAN & COMPANY, INC.
       546 Valley Road
       Upper Montclair, NJ 07043
       Tel: (973) 509-3190
       Fax: (973) 509-3191

                      About Oakfabco, Inc.

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

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

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

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


OAKFABCO INC: U.S. Trustee Forms 4-Member Asbestos Claimants' Panel
-------------------------------------------------------------------
Patrick S. Laying, the U.S. Trustee for Region 11, appointed four
members to the Asbestos Claimants' Committee in the Chapter 11
bankruptcy case of Oakfabco Inc.

The members of the Asbestos Committee are:

Vince Holajn (Interim Chairman)
406 Sierra Place
Gurnee, IL 60031

William E. Gallet
6216 Woodward
Amarillo, TX 79106

Kristin Leigh Hart
4685 Frank Gay Road
Marcellus, NY 13108

Michael Batchelor
1206 Norton
Alton, IL, 62002

                       About Oakfabco, Inc.

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

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

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

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


ONDOVA LIMITED: 5th Cir. Affirms Dismissal of Petfinders' Appeal
----------------------------------------------------------------
The United States Court of Appeals for the Fifth Circuit affirmed
the district court's order dismissing as moot the appeal filed by
Petfinders, LLC, from a bankruptcy order authorizing the Ondova
Limited Company trustee to sell the company's domain name.

On October 7, 2011, the Trustee requested authority to sell the
domain name.  Petfinders filed an objection challenging the
proposed sale price and alleged that  was not the property of the
estate but was instead owned by another entity, Novo Point, LLC,
which had assigned its rights and interests in  to Petfinders.  The
bankruptcy court granted the Trustee's motion and authorized the
sale of the domain name to Discovery Communications, LLC for
$25,000.

Petfinders and Novo Point appealed the sale order to the district
court and argued, for the first time, that the evidence did not
support the bankruptcy court's conclusion that Discovery was a
"good faith purchaser" under Section 363(m) of the Bankruptcy Code.
The district court dismissed the appeal as moot, concluding that
appellants had waived any challenge to Discovery's good-faith
status by failing to raise such challenge before the bankruptcy
court.  Petfinder appealed.

The Fifth Circuit held that the district court correctly concluded
that Petfinder's appeal is moot under section 363(m).  The
appellate indicated that a challenge to the purchaser's good-faith
status may not be raised for the first time on appeal to the
district court.

The appeals case is PETFINDERS, L.L.C., Appellant, v. CHAPTER 11
TRUSTEE DANIEL J. SHERMAN, Appellee, NO. 13-10120 (5th Cir.),
relating to In the Matter of: ONDOVA LIMITED COMPANY, Debtor.

A full-text copy of the 5th Circuit's August 14, 2015 opinion is
available at http://is.gd/q3C6ySfrom Leagle.com.

                    About Ondova Limited Company

Carrollton, Texas-based Ondova Limited Company, a former Internet
domain name registrar, filed a voluntarily Chapter 11 bankruptcy
case (Bankr. N.D. Tex. Case No. 09-34784) on July 27, 2009, at a
time when Ondova was still controlled by Ondova's former president
and sole equity owner, Jeffrey Baron.  Ondova Limited Company, dba
Compana, LLC, and dba budgetnames.com, performed a "middle man"
registration activity pursuant to a license it had from the
Internet Corporation for Assigned Names and Numbers -- which is,
essentially, a creature of the United States Department of Commerce
-- and also pursuant to an agreement with Verisign, Inc., which is
a private corporation that essentially acts as the operator of the
huge ".com" and ".net" registries.  Verisign is not in any way
related to Ondova.

Edwin Paul Keiffer, Esq., at Wright Ginsberg Brusilow, PC, serves
as Ondova's bankruptcy counsel.  In its petition, Ondova estimated
$1 million to $10 million in both assets and debts.  The petition
was signed by Mr. Baron.

A Plan of Liquidation was confirmed in the Chapter 11 case.  The
Joint Plan contemplated approval and implementation of (a) a
so-called "Plan Settlement" between the Ondova bankruptcy estate
and the Receivership Entities; (b) a sale of significant assets
contributed to the Joint Plan by the Receivership; (c) the creation
of a Liquidating Trust to accept substantially all the assets and
liabilities of both the Ondova bankruptcy estate and the
Receivership, which Liquidating Trust would resolve and pay all
remaining claims of and against the Receivership and the Debtor,
with a return of residual funds or assets to Mr. Baron after the
satisfaction of all claims; and (d) certain releases of parties and
professionals.


ONDOVA LIMITED: 5th Cir. Dismisses Schepps' Appeal as Moot
----------------------------------------------------------
The United States Court of Appeals for the Fifth Circuit dismissed
as moot the appeal filed by Attorney Gary Schepps from a bankruptcy
order barring him from appearing or participating further in the
Ondova Limited bankruptcy case.

The bankruptcy court issued the Bar Order against Schepps to
prohibit the latter from taking further action on behalf of
entities subject to receivership in violation of the receivership
order entered by the district court in the case Netsphere, Inc. v.
Baron.  Schepps had made several filings in the bankruptcy court on
behalf of Novo Point, LLC, an entity expressly subject to the
receivership, thus violating the said order.

On appeal to the district court, the said court reasoned that the
underlying purpose of the Bar order would not be further served by
its enforcement at that time since the receivership was in the
process of winding down.  On June 18, 2012, the district court
entered an "Order on Appeal" that effectively reversed the Bar
Order.  In response to the Order on Appeal, the bankruptcy court
discharged its show-cause matters against Schepps.

The Fifth Circuit concluded that the Bar Order against Schepps was
effectively vacated by the subsequent orders of the district court
and bankruptcy court.  Emphasizing that it has been so vacated and
that Schepps remains an officer of the court in good stead, the
Fifth Circuit thus dismissed Schepps' appeal as moot.

The appeals case is GARY N. SCHEPPS, Appellant, v. DANIEL J.
SHERMAN, Chapter 11 Trustee, Appellee, NO. 13-10122 (5th Cir.),
relating to In the Matter of: ONDOVA LIMITED COMPANY, Debtor.

A full-text copy of the Fifth Circuit's August 14, 2015 opinion is
available at http://is.gd/2fsLPkfrom Leagle.com.

                 About Ondova Limited Company

Carrollton, Texas-based Ondova Limited Company, a former Internet
domain name registrar, filed a voluntarily Chapter 11 bankruptcy
case (Bankr. N.D. Tex. Case No. 09-34784) on July 27, 2009, at a
time when Ondova was still controlled by Ondova's former president
and sole equity owner, Jeffrey Baron.  Ondova Limited Company, dba
Compana, LLC, and dba budgetnames.com, performed a "middle man"
registration activity pursuant to a license it had from the
Internet Corporation for Assigned Names and Numbers -- which is,
essentially, a creature of the United States Department of Commerce
-- and also pursuant to an agreement with Verisign, Inc., which is
a private corporation that essentially acts as the operator of the
huge ".com" and ".net" registries.  Verisign is not in any way
related to Ondova.

Edwin Paul Keiffer, Esq., at Wright Ginsberg Brusilow, PC, serves
as Ondova's bankruptcy counsel.  In its petition, Ondova estimated
$1 million to $10 million in both assets and debts.  The petition
was signed by Mr. Baron.

A Plan of Liquidation was confirmed in the Chapter 11 case.  The
Joint Plan contemplated approval and implementation of (a) a
so-called "Plan Settlement" between the Ondova bankruptcy estate
and the Receivership Entities; (b) a sale of significant assets
contributed to the Joint Plan by the Receivership; (c) the creation
of a Liquidating Trust to accept substantially all the assets and
liabilities of both the Ondova bankruptcy estate and the
Receivership, which Liquidating Trust would resolve and pay all
remaining claims of and against the Receivership and the Debtor,
with a return of residual funds or assets to Mr. Baron after the
satisfaction of all claims; and (d) certain releases of parties and
professionals.


ORIGINAL ACADEMY: Case Summary & 2 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: The Original Academy of Learning, Inc.
        445 S Orange Blvd
        Sanford, FL 32771

Case No.: 15-07693

Chapter 11 Petition Date: September 8, 2015

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

Debtor's Counsel: Roman V Hammes, Esq.
                  ROMAN V. HAMMES, P.L.
                  250 East Colonial Drive, Suite 305
                  Orlando, FL 32801
                  Tel: (407) 650-0003
                  Email: roman@romanvhammes.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by Lynn A Mosca, director.

A list of the Debtor's two largest unsecured creditors is available
for free at http://bankrupt.com/misc/flmb15-07693.pdf


PARKVIEW ADVENTIST: Asks Court to Reconsider Cash Collateral Order
------------------------------------------------------------------
Parkview Adventist Medical Center appeals to the United States
District for the District of Maine from the Bankruptcy Court's
order denying authority to use cash collateral.

The following issues will be presented in its appeal of the
Bankruptcy Court's Order:

   (1) Did the Bankruptcy Court err in denying the Debtor's request
to use cash collateral as set forth in the Cash Collateral Motion
and subsequent pleadings and briefing?

   (2) Among other things, did the Bankruptcy Court err in the
Opinion in finding that the failure of the members of Parkview to
vote to authorize the execution of the mortgages and security
interests purportedly granted to Central Maine Healthcare
Corporation, as required by 13-B M.R.S.A Section 1001, did not void
those mortgages and security interests?

   (3) Among other things, did the Bankruptcy Court err in the
Opinion in finding that CMHC's security interests could attach to
the Debtor's accounts notwithstanding the anti-assignment
provisions of, inter alia, 42 U.S.C. sections  1395g(c) and
1396a(a)(32)?

   (4) Among other things, did the Bankruptcy Court err in the
Opinion in finding that the fact that CMHC did not have a control
agreement as to the Debtor's accounts "does not vitiate the
validity of CMHC's security interests in [the Debtor's] accounts"?

   (5) Among other things, did the Bankruptcy Court err in the
Opinion in finding that CMHC's security interests in Medicare and
Medicaid receivables did not become unperfected by operation of 11
M.R.S.A. Section 9-1315(4)?

   (6) Among other things, did the Bankruptcy Court err in the
Opinion in finding that the Debtor failed to meet its burden of
showing that CMHC was adequately protected for cash collateral
purposes?

Parkview Adventist Medical Center is represented by:

          George J. Marcus, Esq.
          Jennie L. Clegg, Esq.
          David C. Johnson, Esq.
          Andrew C. Helman, Esq.
          MARCUS, CLEGG & MISTRETTA, P.A.
          One Canal Plaza, Suite 600
          Portland, ME 04101
          Tel: (207)828-8000
          E-mail: gmarcus@mcm-law.com
                  jclegg@mcm-law.com
                  djohnson@mcm-law.com
                  ahelman@mcm-law.com

          About Parkview Adventist Medical Center

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.

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 Portland, Maine.


PETERSBURG REGENCY: Hires Sokol Behot as Counsel
------------------------------------------------
Petersburg Regency, LLC seeks authorization from the U.S.
Bankruptcy Court for the District of New Jersey to employ Sokol
Behot, LLP as counsel, nunc pro tunc to July 27, 2015.

The Debtor seeks to employ Sokol Behot, LLP as successor counsel to
Nowell Amoroso Klein Bierman.

The professional services that Sokol Behot will render to the
Debtor will consist of all issues relating to the administration of
the Debtor's chapter 11 case, including challenging liens and
claims, and seeking a fair and equitable distribution of the
Insurance Proceeds.

Sokol Behot received $15,000.00 from Angelo DiGiovanni in August
2015.

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

Sokol Behot can be reached at:

       David Edelberg, Esq.
       SOKOL BEHOT, LLP
       433 Hackensack Avenue
       Hackensack, NJ 07601
       Tel: (201) 488-1300
       Fax: (201) 488-6541

                      About Petersburg Regency

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

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


QUIKSILVER INC: Case Summary & 30 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

       Debtor                                     Case No.
       ------                                     --------
       Quiksilver, Inc.                           15-11880
       5600 Argosy Circle
       Huntington Beach, CA 92649

       QS Wholesale, Inc.                         15-11881
       DC Direct, Inc.                            15-11882
       DC Shoes, Inc.                             15-11883
       Fidra, Inc.                                15-11884
       Hawk Designs, Inc.                         15-11885
       Mt. Waimea, Inc.                           15-11886
       QS Optics, Inc.                            15-11887
       QS Retail, Inc.                            15-11888
       Quiksilver Entertainment, Inc.             15-11889
       Quiksilver Wetsuits, Inc.                  15-11890

Type of Business: Outdoor sports lifestyle company

Chapter 11 Petition Date: September 9, 2015

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Debtors' Counsel: Van C. Durrer, II, Esq.
                  SKADDEN ARPS SLATE MEAGHER & FLOM LLP
                  300 South Grand Avenue
                  Los Angeles, CA 90071-3144
                  Tel: 213-687-5000
                  Fax: 213-687-5600
                  Email: van.durrer@skadden.com

                    - and -

                  John K. Lyons, Esq.
                  SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
                  155 North Wacker Drive
                  Chicago, IL 60606
                  Tel: 312-407-0700
                  Fax: 312-407-0411
                  Email: john.lyons@skadden.com

Debtors'          PETER J. SOLOMON COMPANY
Investment
Banker:

Debtors'          FTI CONSULTING, INC.
Financial
Advisor:

Debtors'          KURTZMAN CARSON CONSULTANTS LLC
Claims and
Noticing
Agent:

Total Assets: $337 million

Total Debts: $826 million

The petition was signed by Andrew Bruenjes, assistant secretary.

Consolidated List of Debtors' 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
U.S. Bank National Association     Unsecured Notes   $225,483,750
as Indenture Trustee
60 Livingston Ave.,
St. Paul, MN 55107
Fax: 651-466-5400
Email: joel.geist@usbank.com;
       laurie.howard@usbank.com

C & K Trading Co., Ltd.               Merchandise      $7,262,832
867 Woo 1-Dong Haeundae-Gu, Busan
13 612-822 South Korea
Tel: 82-51-747-2425
Fax: 82-51-747-2425
Email: kevin@shoenet.org

Samil Tong Sang Co.                   Merchandise      $5,550,608
18-130 Gangdong-Dong
Busan, 13 618-800 South Korea
Tel: 82-51-972-0031
Fax: 82-51-979-1729
Email: kevin@shoenet.org

Northstar Sourcing Group HK Ltd       Merchandise      $4,506,997
Room 602, 6/F, Oriental
Centre, Kowloon, KLN 999077
Hong Kong
Tel: 4257093005
Fax: 86-769-8503-2121

Coins International Co., Ltd.         Merchandise      $3,886,116
7F-1 No. 89 BO Guan Road
Taichung, TWN 404 Taiwan
Tel: 886 4 2328677
Fax: 886-4-23298638

Dragon Crowd Garment Inc.             Merchandise      $3,241,369
FL/5 Bldg A, C&E Centre
Ningbo, 130 315040 China
Tel: 0086-574-877004
Fax: 0086-574-87703108
Email: info@dragoncrowd.com

Putian Xinxiesheng                    Merchandise      $2,976,756
Footwear Co., Lt
Liuxian, Laidian Town
Xianyou, Putian, 150 351251
China
Tel: 0594 8673899
Fax: 0594 8673799

World Marketing, Inc.                Litigation        $2,542,252
306 38th Street, 8th Floor
New York, NY 10018
Email: results@worldmarkInc.com

Dubhe Corporation                     Merchandise      $2,004,832
Che-1L Bldg Rm 1501, 256-13
Seoul, 13 121-758 South Korea
Tel: 82 70 7508 9461
Fax: 82 2 719 7025

3 Times Square Associates LLC             Real         $1,922,462
JP Morgan Chase Bank, GPO               Property
P.O. Box 27488, New York, NY 10087
Fax: 212-270-1648

Sumec Textile and Light Industry Co.   Merchandise     $1,651,932
13F, 198 Changjiang Road
Nanjing, 100 210018 China
Tel: 852-23446040
Fax: 852-23290040
     86-025-89695000
Email: textile@sumec.com.cn

404 West LLC                              Real         $1,529,596
c/o Winter Management Corp.             Property
730 Fifth Ave., New York, NY 10019
Fax: 212-616-8985
Email: IR@winter.com

QTNP Apparels JSC                     Merchandise      $1,447,768
No. 18 Lot 8, Long Bien
Resettlme, HA NOI, 10000
Vietnam
Tel: 84 4 363 69090
Fax: 84 4 363 69091
Email: info@qtnpapparels.com

Hong Kong Hesheng Int'l               Merchandise      $1,345,323
RM 1102, Wofoo Commercial
Building, Kowloon, KLN
999077 Hong Kong
Tel: 86 594 7668888
Fax: 86-594-762817

CPG Partners LP                          Real          $1,322,139
P.O. Box 827727, Philadelphia          Property
PA 19182
Tel: 973033169
Email: IRcontact@simon.com

Eastman Exports Global Clothing       Merchandise      $1,306,940
10, 12 Kumaranagar (South),
Tirupur, 641603 India
Fax: 91-421-4301205
Email: Sathis.sourcing@eastmanexports.com

Xiamen C&D Light Industry Co., Ltd.   Merchandise      $1,273,014
15th Floor Seaside Bldg.,
Xiamen, 150 361000 China
Tel: 86 592 2337246
Fax: 86-592-2100118
     86-592-2987067
Email: cndchain@chinacnd.com

Mooney, Andrew P.                      Severance       $1,252,400
PO Box 69447, West
Hollywood, CA 90069
Fax: 480-596-1384

Full Creative Co., Ltd.               Merchandise      $1,204,081
No. 4 Jin-Ying 2nd St.
Dongguan, 190 523942 China
Tel: 86 769 8998199
Fax: 86 769 89981002

Merry Link Development                Merchandise      $1,196,040
(Macao Commercial Offshore)
Limited, Alameda
Dr Caros D'Assumcap No 336
Macau, MO 999078 Macau
Tel: 853-2878 3742
Fax: 853-2878-3744

NewTimes Far East                    Merchandise       $1,113,653
Unit D, 7th Floor, Phase 5
Kowloon, KLN 999077 Hong Kong
Tel: 85221977349
Fax: 886-2-2716-228452
     852-2454 3111
     212 997 7283

Original JY&T Ltd.                   Merchandise       $1,110,853
Sanchong Dist. New Taipei
City, TPE 241 Taiwan
Tel: 886 2 2999 1933
Fax: 886-2-2999-1960

Weihai Textile IMP and Expo Co       Merchandise       $1,097,795
No. 16 Shichang Da Road,
Weihai, 120 264200 China
Tel: 0086 631 569256
Fax: 0086-631-5692171
       86 63 1522 0773

Ningbo Isun Fashion Co. Ltd.         Merchandise       $1,014,787
East Fenghua Industrial,
Ningbo, 130 315500 China
Tel: 86-574-88950166
Fax: 86-574-88950166
     86-574-88950000
Email: steve@nbisun.com

McKnight, Robert                      Severance        $1,000,000
167 Emerald Bay, Laguna
Beach, CA 92651
Fax: 714-889-3700

Carmichael International Service       Freight           $992,340
P.O. Box 51025, Los Angeles
CA 90051
Fax: 213-250-0710
Email: info@carmnet.com

Srinivasa Fashions Pvt Ltd.          Merchandise         $988,463
Plot No. AP4, 5th Avenue, 2nd
Cross, Chengalpat, 22 603002
India
Tel: 91-44-4746 830
Fax: 91-44-45560304

Deltina Trading Pty Ltd.             Merchandise         $963,448
Unit 2, 32 Bell Street
Troquay, VIC 3228 Australia
Tel: 61-3-52614555
Fax: 61-3-52614555
     03 5261 4470  

Zhejiang Xishi                        Merchandise        $945,776
Jiafang Textile Co L
Paitou Village Paitou Town,
Zhuji, 130 311825 China
Tel: 0575 87512872
Fax: 0575-87512877

O'Melveny & Myers LLP                     Legal          $931,041
P.O. Box 894436
Los Angeles, CA 90189-4436
Tel: 213-430-6000
Fax: 213-430-6407


QUIKSILVER INC: Files Pre-Arranged Ch.11 with Support from Oaktree
------------------------------------------------------------------
Quiksilver, Inc. and its U.S. affiliates sought Chapter 11
bankruptcy protection (Bankr. D. Del. Lead Case No. 15-11880) in
Wilmington, Delaware bankruptcy court, to execute a pre-arranged
restructuring transaction with Oaktree Capital Management, a holder
of 73% of the Company's U.S. Secured Notes.  The Company's European
and Asia-Pacific businesses and operations are not part of the
filing.

The Company said the bankruptcy filing will facilitate its
financial and operational restructuring, and restore the Company to
long-term financial health.

The Company said holders of the Company's Eurobonds sufficient to
waive any technical default arising from the filling have agreed to
allow the Company to reorganize its U.S. operations in Chapter 11.

The Company has been in the midst of an operational turnaround
since 2013.

"The Company's weakened performance during the turnaround period
caused further contraction of trade liquidity, and the Company was
required to hasten its efforts.  The Company explored a range of
alternatives to loosen liquidity in order to allow the operational
turnaround initiatives to take hold, but those efforts did not
result in an actionable transaction," says Andrew Bruenjes, chief
financial officer of the Americas Division of Quiksilver.

Prior to the Petition Date, the Company engaged with Oaktree
regarding the possibility of executing the refinancing and
restructuring transaction in the context of a chapter 11 case.
Those negotiations culminated in a debtor-in-possession financing
and plan sponsor agreement.

The Company has entered into a Plan Sponsor Agreement with Oaktree,
which provides a comprehensive blueprint for the Company's
emergence from chapter 11 as a going concern pursuant to a plan of
reorganization, under which Oaktree has agreed to provide all
necessary funding for the chapter 11 process and will convert its
substantial debt holdings into a majority of the stock in the
reorganized Company on exit.  More specifically, the PSA
contemplates that Oaktree and Bank of America, N.A. will provide
the Debtors with up to $175 million in post-petition financing.
The PSA contains certain conditions, including confirmation of a
plan of reorganization by the Bankruptcy Court.

"After careful consideration, we have taken this difficult but
necessary step to secure a bright future for Quiksilver," said
Pierre Agnes, chief executive officer of Quiksilver.  "With the
protections afforded by the Bankruptcy Code and the financing
provided by Oaktree, we will not only be able to satisfy our
ongoing obligations to customers, vendors and employees, but we
will also have the flexibility needed to complete the turnaround of
our U.S. operations and re-establish Quiksilver as the leader in
the action sports industry.  Our fresh capital structure, with a
very low level of debt for our industry, will enable us to invest
in and reinvigorate our brands and products.  We are confident we
will emerge a stronger business, better positioned to grow and
prosper into the future."

Following the filing, the Company will continue to operate in the
ordinary course of business as a "debtor-in-possession" under the
jurisdiction of the Bankruptcy Court.  

The Company anticipates that the financing from the affiliates of
Oaktree and from Bank of America, in conjunction with other
existing sources of liquidity, will be more than sufficient to fund
its ongoing operations in the U.S. and abroad.  The Company also
requested various forms of "first day" relief from the Bankruptcy
Court to ease the U.S. subsidiaries' transition into Chapter 11 and
protect its stakeholders and customers.

Mr. Agnes continued: "Oaktree's financial strength and expertise,
deep experience working with companies in situations similar to
ours, and successful history operating in our industry make them an
exceptional partner for us going forward.  We value our wholesale
customers as well as our vendors and suppliers and appreciate their
support through this process.  In addition, we thank our passionate
and dedicated employees and athletes who remain our greatest
assets.  Quiksilver is, and as a result of this process will
continue to be, an iconic leader in the action sports market."

In connection with the filing, the Company intends to continue its
existing store closing program to rationalize its store base in the
Americas.  As is customary, it is anticipated that the Bankruptcy
Court will consider the Company's request for "first day" relief
promptly.  The requested relief includes requests for the authority
to make wage and salary payments, continue various benefits for
employees, and honor certain customer programs, like gift cards and
returns on merchandise purchased prior to the bankruptcy filing.

Citing people familiar with the matter, Hannah Madans at the Orange
County Register reports that the Company had already started
talking with potential bidders before filing for bankruptcy, and
that the goal was a management-led buyout in which the Company
would retain its stores.  The report says that the Company cut 80
jobs.

Skadden, Arps, Slate, Meagher & Flom LLP is serving as the
Company's legal advisor, FTI Consulting, Inc., as its restructuring
advisor, and Peter J. Solomon Company as its investment banker.

A copy of the declaration filed together with the petition is
available at:

      http://bankrupt.com/misc/20_QUIKSILVER_Declaration.pdf

                        About Quiksilver

Quiksilver, Inc. -- http://www.quiksilver.com,http://www.roxy.com
and http://www.dcshoes.com-- is an outdoor sports lifestyle
companies, that designs, produces and distributes branded apparel,
footwear and accessories.  The Company's apparel and footwear
brands, inspired by a passion for outdoor action sports, represent
a casual lifestyle for young-minded people who connect with its
boardriding culture and heritage.  The Company's Quiksilver, Roxy,
and DC brands have authentic roots and heritage in surf, snow and
skate.  The Company's products are sold in more than 100 countries
in a wide range of distribution, including surf shops, skate shops,
snow shops, its proprietary Boardriders shops and other
Company-owned retail stores, other specialty stores, select
department stores and through various e-commerce channels.


QUIKSILVER INC: Postpones Filing of Q3 Financial Report with SEC
----------------------------------------------------------------
Quiksilver, Inc. on Sept. 9 disclosed it has filed a Notification
of Late Filing on Form 12b-25 with the Securities and Exchange
Commission that the financial statements to be included in the
Company's Form 10-Q for the quarter ended July 31, 2015 could not
be completed within the required deadline.  The Company expects to
file such 10-Q no later than September 14, 2015.  The Company also
announced that it cancelled its previously scheduled conference
call to discuss third quarter financial results.

Quiksilver and each of its wholly owned U.S. subsidiaries, filed
voluntary proceedings in the United States Bankruptcy Court for the
District of Delaware seeking relief under chapter 11 of the United
States Bankruptcy Code on September 9, 2015.  The Company
concurrently announced that in connection with such chapter 11
filing, it also entered into a Plan Sponsor Agreement with respect
to the terms of a proposed plan of reorganization with certain
funds affiliated with Oaktree Capital Management, L.P. where the
Company's existing debt will be reduced by over $500 million,
including the extinguishment of all of the Company's 2018 Notes and
10.000% Senior Notes due 2020.  Given the significance of such
chapter 11 filings, proposed restructuring and the other
transactions to be addressed, the Company was unable to meet the
filing deadline.

                       About Quiksilver

Quiksilver, Inc. -- http://www.quiksilver.com-- is one of the
world's leading outdoor sports lifestyle companies.  The Company
designs, produces and distributes branded apparel, footwear and
accessories.  The Company's apparel and footwear brands, inspired
by a passion for outdoor action sports, represent a casual
lifestyle for young-minded people who connect with its boardriding
culture and heritage.  The Company's Quiksilver, Roxy, and DC
brands have authentic roots and heritage in surf, snow and skate.
The Company's products are sold in more than 100 countries in a
wide range of distribution, including surf shops, skate shops, snow
shops, its proprietary Boardriders shops and other Company-owned
retail stores, other specialty stores, select department stores and
through various e-commerce channels.


QUIKSILVER INC: Seeks Approval of $175-Mil. DIP Financing
---------------------------------------------------------
Quiksilver, Inc., et al., seek authority from the U.S. Bankruptcy
Court for the District of Delaware to obtain secured postpetition
superpriority financing and use cash collateral on an interim and
final basis.  

The Debtors seek approval of:

  (a) a debtor-in-possession term loan credit agreement, pursuant
      to which the DIP term loan lenders are providing a debtor-
      in-possession term loan credit facility of up to
      $115,000,000, subject to a $70,000,000 borrowing limit on an
      interim basis pending entry of a final order; and

  (b) a debtor-in-possession asset-based credit agreement,
      pursuant to which the DIP ABL lender is providing a debtor-
      in-possession asset-based revolving loan credit facility in
      an aggregate maximum principal amount of up to the lesser of

      $60,000,000 or the Borrowing Base.

The Debtors tell the Court they have an urgent need to obtain
postpetition financing as they do not have sufficient funds on hand
or generated from their business to fund operations.

"Without the postpetition financing and the use of cash collateral
that will be provided under the DIP Credit Agreements and the
proposed DIP Orders, the Debtors would not be able to maintain
operations pending confirmation of a plan of reorganization that
will maximize value for all constituents," according to Van C.
Durrer, II, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP,
counsel to the Debtors.

Absent adequate funding, Mr. Durrer notes, the Debtors may be
required to close their stores prematurely, lose valuable wholesale
accounts, otherwise cease operations, and liquidate on a piecemeal
basis, causing irreparable harm to the Debtors and their estates.

The DIP Term Loan Credit Agreement was entered by and among QS
Wholesale, Inc., as borrower, Quiksilver, Inc., as parent, the
Debtors, as guarantors, Oaktree FIE, LLC, as administrative agent,
and the lenders from time to time party thereto.

The DIP ABL Credit Agreement was entered by and among QS Wholesale,
Inc., DC Shoes, Inc., Hawk Designs, Inc., QS Retail, Inc. "DIP ABL
Domestic Borrowers,", Quiksilver Canada Corp., Ug Manufacturing Co.
Pty Ltd, and Quiksilver Japan Co., Ltd. "DIP ABL Foreign
Borrowers", Bank of America, N.A., as administrative agent,
collateral agent and L/C Issuer and as lender.

The DIP Term Loan Facility has an interest rate of 12% per annum.

The interest rates per annum applicable to the loans under the DIP
ABL Credit Facility will be (i) (a) LIBOR plus (b) 3.50% or, at the
option of the Borrower, or (ii) (a) the Base Rate (to be defined as
the highest of (x) the Bank of America's prime rate, (y) the
Federal Funds rate plus 0.50%, or (z) LIBOR for an interest period
of one month plus 1.00%) plus (b) 2.50%.  The Debtors may select
interest periods of only one month for LIBOR loans.  Interest on
LIBOR loans will be payable at the end of the selected interest
period.  Interest on Base Rate loans will be payable on the first
day of each calendar month.

The Debtors propose to grant to the DIP Term Loan Agent valid,
automatically perfected, and enforceable priming liens upon
substantially all of their assets to secure the obligations owing
under the DIP Term Loan Credit Agreement.  The Debtors also propose
to grant the DIP ABL Agent valid, automatically perfected, and
enforceable priming liens upon substantially all of their assets to
secure the obligations of the DIP ABL Obligors owing under the DIP
ABL Credit Agreement.

                  Prepetition Secured Indebtedness

As of the Petition Date, the Debtors had secured indebtedness
pursuant to the Prepetition ABL Facility and the U.S. Secured
Notes.

On May 24, 2013, QS Wholesale entered into a secured $230 million
asset-based revolving credit facility, pursuant to that certain
Amended and Restated Credit Agreement among, inter alia, QS
Wholesale, DC Shoes, QS Retail, and Hawk Designs, Inc., as
borrowers, Quiksilver Canada Corp., Ug Manufacturing Co. Pty Ltd,
and Quiksilver Japan Co., Ltd. and other borrowers from time to
time party thereto, as borrowers; several banks and other financial
institutions or entities from time to time party thereto as
lenders; guarantors from time to time party thereto as guarantors;
and BofA and General Electric Capital Corporation, as co-collateral
agent.

As of the Petition Date, Quiksilver had approximately $92 million
outstanding under the Prepetition ABL Facility comprised of $68
million on account of Prepetition Domestic ABL Borrowers and
Guarantors and $24 million on account of Prepetition Foreign ABL
Borrowers and Guarantors.

The Prepetition Secured Notes.  Pursuant to an Indenture dated July
16, 2013, among, inter alia, U.S. Bank, N.A., as trustee and
collateral agent, and the Prepetition Secured Notes Obligors,
Quiksilver, Inc. and QS Wholesale issued $280 million aggregate
principal amount of 7.875% senior secured notes with a maturity
date of Aug. 1, 2018.  The Prepetition Secured Notes are guaranteed
by DC Shoes, Hawk Designs, and QS Retail, the Prepetition Secured
Notes Obligors.  As of the Petition Date, the Prepetition Secured
Notes had an outstanding principal balance of approximately $279
million.

Full-text copies of the DIP Agreements are available for free at:

      http://bankrupt.com/misc/17_QUIKSILVER_Financing.pdf

                         About Quiksilver

Quiksilver, Inc., designs, produces and distributes branded
apparel, footwear and accessories.  The Company's apparel and
footwear brands, inspired by a passion for outdoor action sports,
represent a casual lifestyle for young-minded people who connect
with its boardriding culture and heritage.  The Company's
Quiksilver, Roxy, and DC brands have authentic roots and heritage
in surf, snow and skate.  The Company's products are sold in more
than 100 countries in a wide range of distribution, including surf
shops, skate shops, snow shops, its proprietary Boardriders shops
and other Company-owned retail stores, other specialty stores,
select department stores and through various e-commerce channels.
For additional information, please visit the Company's brand Web
sites at www.quiksilver.com, www.roxy.com and www.dcshoes.com.

Quiksilver, Inc., and its affiliates filed Chapter 11 bankruptcy
petitions (Bankr. D. Del., Case Nos. 15-11880 to 15-11890) on Sept.
9, 2015.  Andrew Bruenjes signed the petition as chief financial
officer.  The Debtors disclosed total assets of $337 million and
total debts of $826 million.

Skadden, Arps, Slate, Meagher & Flom LLP is serving as the Debtors'
legal advisor; FTI Consulting, Inc., as their restructuring
advisor; and Peter J. Solomon Company as their investment banker.
Kurtzman Carson Consultants LLC acts as the Debtors' claims and
noticing agent.


QUIKSILVER INC: To Conduct Store Closings with Hilco/Gordon JV
--------------------------------------------------------------
Quiksilver, Inc., et al., seek authority from the U.S. Bankruptcy
Court for the District of Delaware to assume an agreement for Hilco
Merchant Resources, LLC, and Gordon Brothers Retail Partners, LLC,
to conduct store closings.  The Debtors also seek authority to
assume a "pop up store" agreement with the Agent.

Prior to the Petition Date, the Debtors undertook efforts to cut
costs, streamline operations, and increase profitability.  In
particular, as part of the Company's multi-year turnaround plan
that was first launched in 2013, management spent considerable time
on a plan to rationalize the Company's retail store base,
particularly in the United States.  The Debtors' management, with
the assistance of their advisors, performed a comprehensive review
of the performance of each store and the market in which the
Debtors operate.

As a culmination of those efforts, the Company developed a store
closing plan, which it continued to refine from time to time.  In
particular, during the prepetition period, the Company started to
close stores consistent with the Store Closing Plan as and when
underperforming store leases came up for renewal or otherwise when
there was an opportunity to exit a lease early, such as due to a
landlord request.  In addition, like many retail businesses, the
Debtors determined that it was necessary to sell certain
merchandise and excess, clearance, obsolete, or distressed
inventory as well as certain associated furniture, fixtures, and
equipment.

After the Company determined that it was necessary to sell certain
excess inventory, it began soliciting offers from potential
liquidation firms to conduct sales of excess inventory through a
"pop up" store program.  The Company evaluated bids from
liquidation firms.  In June 2015, QS Retail entered into the Pop Up
Store Agreement with the Agent.  Pursuant to the Pop Up Store
Agreement, the Pop Up Sales are conducted at Pop Up Stores.  QS
Retail has entered into several short-term license agreements that
allow for the limited right to use a space to sell merchandise for
a limited period.  The Agent began those sales in July of 2015.  As
of the Petition Date, the Debtors have opened 24 Pop Up Stores,
with 23 stores still in operation.  The Debtors have entered into
six additional short-term license agreements for which Pop Up
Stores have not opened.

In connection with the Company's contingency planning efforts,
management worked with FTI to accelerate and potentially expand the
Store Closing Plan in the context of a chapter 11 filing.  In
August 2015, the Company, in consultation with its advisors,
concluded that it was necessary to close certain underperforming or
unprofitable retail stores and began soliciting offers from
potential liquidation firms to conduct store closing sales and
liquidate the Store Closure Assets associated with those stores.

To that end, the Company obtained five bids from national
liquidation firms: Gordon Brothers Retail Partners, LLC and Hilco
Merchant Resources, LLC; Great American Group, LLC; Tiger Capital
Group, LLC; SB Capital Group, LLC; and Yellen Partners, LLC.  The
Company then evaluated the bids and determined that proceeding with
the Store Closing Sales according to the terms of the Store Closing
Agreement was in its best interest and the best interests of its
stakeholders.  The Agent's bid was the highest or otherwise best
bid, and given its involvement with the Pop Up Stores, the Agent
was already familiar with the Debtors' business. Accordingly, on
Sept. 4, 2015, the Agent and the Company executed the Store Closing
Agreement, and the Agent subsequently
began preparing for the Store Closing Sales.  On Sept. 6, 2015, the
Agent officially began the Store Closing Sales at the Store Closing
Locations.

Pursuant to the terms of the Pop Up Store Agreement, the Agent has
been acting as the exclusive, independent agent of the Debtors to
conduct the currently ongoing Pop Up Sales at the Pop Up Stores.

As the Sales are completed, the Debtors will reject their leases
and short-term license agreements.

A list of the Pop Up Stores that are currently open are as
follows:

    Shopping Center                            Address
    --------------                       -----------------------
    Westgate Center                       1600 Saratoga Ave
                                          San Jose, CA

    Crow Canyon Commons                   3191M Crow Canyon Place
                                          San Ramon, CA

    Ellisburg S/C                         1598 Kings Highway
                                          Cherry Hill, NJ

    Crossroads S/C                        223 Skokie Valley Road
                                          Highland Park, IL

    Finley Square S/C                     1524 Butterfield Road
                                          Downers Grove, IL

    Lawrence Park S/C                     1991 Sproul Road
                                          Bromall, PA

    Andorra S/C                           8500 Henry Ave
                                          Philadelphia, PA

    Bristol Plaza                         622 Farmington Ave.
                                          Bristol, CT

    Pike 7 Plaza                          8397 Leesburg Pike
                                          Vienna, VA

    Graham Park Plaza                     7285 Arlington Blvd.
                                          Falls Church, VA

    Eastgate                              1800 East Franklin  
                                          Street Chapel Hill, NC

    29th Place                            100 Shoppers World Court
                                          Charlottesville, VA

    NewPark Mall                          2086 Newpark Mall
                                          Newark, CA

    Mt. Shasta Mall                       900 Dana Dr
                                          Redding, CA

    West Valley Mall                      3200 N Naglee Rd
                                          Tracy, CA

    Spring Hill Mall                      1072 Spring Hill Mall
                                          West Dundee, IL

    Lakeland Square                       3800 US Hwy 98 N
                                          Lakeland, FL

    Chesterfield Towne Center             1500 Midlothian Turnpike
                                          Chesterfield, VA

    Clayton Valley Shopping               5434 Ygnacio Valley Road
    Center                                Concord, CA

    East Washington Place                 401 Kenilworth Drive
                                          Petaluma, CA

    Bayhill Shopping Center               851 Cherry Ave.
                                          San Bruno, CA

    El Cerrito Plaza                      3010 El Cerrito Plaza
                                          El Cerrito, CA

     Regency Square                       2526 W Brandon Blvd.
                                          Brandon, FL

In addition, pursuant to the terms of the Store Closing Agreement,
the Agent has been acting as the exclusive, independent agent of
the Debtors, conducting the Store Closing Sales at Store Closing
Locations, pursuant to the Sale Guidelines.  A list of the 27 Store
Closing Locations are as follows:

    Store Name                              City/State
    ----------                              ----------
    Quiksilver - Universal CityWalk         Universal City, CA

    Quiksilver - South Coast Plaza          Costa Mesa, CA

    Quiksilver - Times Square               New York, NY

    Quiksilver-Hollywood, FL                Hollywood, FL

    DC - Irvine Spectrum                    Irvine, CA

    Quiksilver - Seattle                    Seattle, WA

    Roxy - Fashion Island                   Newport Beach, CA

    Quiksilver - Del Amo                    Torrance, CA

    Waterman - Waikiki Beach Walk           Honolulu, HI

    Quiksilver Glendale                     Glendale, CA

    Boardriders Meatpacking                 New York, NY

    Boardriders Pasadena                    Pasadena, CA

    Quiksilver Outlet - Lakewood            Lakewood, CO

    DC Outlet - Pismo                       Pismo Beach, CA

    DC Outlet - El Paso                     Canutillo, TX

    DC Outlet - Gilroy                      Gilroy, CA

    DC Outlet - Lauglin                     Laughlin, NV

    DC Outlet - Dophin Mall                 Miami, FL

    DC Outlet - Katy Mills                  Katy, TX

    Quiksilver Outlet - Miromar             Estero, FL

    Quiksilver Outlet - Chicago             Rosemont, IL

    Quiksilver Outlet - Silver Sands        Destin, FL

    Quiksilver Outlet - Great Lakes         Auburn Hills, MI

    Quiksilver Outlet - Annapolis           Annapolis, MD

    Quiksilver Outlet - Charlotte           Charlotte, NC

    Quiksilver Outlet - Woodbury            Central Valley, NY
                        Commons

    Quiksilver Outlet - North               Dawsonville, GA
    Georgia Premium Outlets

"In order for the Debtors to conclude the Sales as quickly and
efficiently as possible, and thereby minimize any unnecessary
administrative expenses, including rent and related costs, it is
essential that the Debtors be permitted to continue performing
pursuant to the Agreements and Sale Guidelines," says Van C.
Durrer, II, Esq., counsel to the Debtors.

"Failure by the Debtors to continue performing pursuant to the
Agreements at this point would in all likelihood lead only to
unnecessary delay and expense that would in turn disrupt the
Debtors' restructuring efforts and cause significant harm to all
stakeholders," he adds.  

                         About Quiksilver

Quiksilver, Inc., designs, produces and distributes branded
apparel, footwear and accessories.  The Company's apparel and
footwear brands, inspired by a passion for outdoor action sports,
represent a casual lifestyle for young-minded people who connect
with its boardriding culture and heritage.  The Company's
Quiksilver, Roxy, and DC brands have authentic roots and heritage
in surf, snow and skate.  The Company's products are sold in more
than 100 countries in a wide range of distribution, including surf
shops, skate shops, snow shops, its proprietary Boardriders shops
and other Company-owned retail stores, other specialty stores,
select department stores and through various e-commerce channels.
For additional information, please visit the Company's brand Web
sites at www.quiksilver.com, www.roxy.com and www.dcshoes.com.

Quiksilver, Inc., and its affiliates filed Chapter 11 bankruptcy
petitions (Bankr. D. Del., Case Nos. 15-11880 to 15-11890) on Sept.
9, 2015. Andrew Bruenjes signed the petition as chief financial
officer. The Debtors disclosed total assets of $337 million and
total debts of $826 million.

Skadden, Arps, Slate, Meagher & Flom LLP is serving as the Debtors'
legal advisor, FTI Consulting, Inc. as their restructuring advisor,
and Peter J. Solomon Company as their investment banker.  Kurtzman
Carson Consultants LLC acts as the Debtors' claims and noticing
agent.


SANTA FE GOLD: Amends List of 20 Largest Unsecured Creditors
------------------------------------------------------------
Santa Fe Gold Corporation, et al., filed with the U.S. Bankruptcy
Court for the District of Delaware an amended list of creditors
holding 20 largest unsecured claims, a copy of which is available
at http://bankrupt.com/misc/SFGCcredlist0826.pdf

                        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: Can Employ ALCS as Claims & Noticing Agent
---------------------------------------------------------
Judge Mary F. Walrath of the U.S. Bankruptcy Court for the District
of Delaware authorized Santa Fe Gold Corporation, et al., to employ
American Legal Claim Services, LLC, as claims and noticing agent.

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.

                        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.


SECOND SOUTHERN BAPTIST: Voluntary Chapter 11 Case Summary
----------------------------------------------------------
Debtor: Second Southern Baptist Church of New York
        c/o Mario Delbrun
        587 Riverside Drive, Apt. 3D
        New York, NY 10031

Case No.: 15-12509

Chapter 11 Petition Date: September 9, 2015

Court: United States Bankruptcy Court
       Southern District of New York (Manhattan)

Judge: Hon. Sean H. Lane

Debtor's Counsel: Lawrence R. Reich, Esq.
                  REICH REICH & REICH, P.C.
                  235 Main Street, Suite 450
                  White Plains, NY 10601
                  Tel: (914) 949-2126
                  Fax: (914) 949-1604
                  Email: reichlaw@aol.com

Total Assets: $1.2 million

Total Liabilities: $389,384

The petition was signed by Mary Willis, vice president.

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


SIGNAL INT'L: Committee Seeks to Hire Pachulski Stang as Counsel
----------------------------------------------------------------
The Official Committee of Unsecured Creditors for Signal
International Inc. and its debtor-affiliates asks the U.S.
Bankruptcy Court for the District of Delaware for authority to
retain Pachulski Stang Ziehl & Jones LLP as its counsel.

a) assist, advise, and represent the Committee in its consultations
with the Debtors regarding the administration of these cases;

b) assist, advise, and represent the Committee with respect to the
Debtors' retention of professionals and advisors with respect to
the Debtors' business and these cases;

c) assist, advise, and represent the Committee in analyzing the
Debtors' assets and liabilities, investigating the extent and
validity of liens and participating in and reviewing the proposed
asset sales, any asset dispositions, financing arrangements, and
cash collateral stipulations or proceedings;

d) assist, advise, and represent the Committee in any manner
relevant to reviewing and determining the Debtors' rights and
obligations under leases and other executory contracts;

e) assist, advise, and represent the Committee in investigating the
acts, conduct, assets, liabilities and financial condition of the
Debtors, the Debtors' operations, and the desirability of the
continuance of any portion of those operations, and any other
matters relevant to the cases or to the formulation of a plan;

f) assist, advise and represent the Committee in connection with
the proposed sale of the Debtors' assets;

g) assist, advise, and represent the Committee in its participation
in the negotiation, formulation, or objection to any plan of
liquidation or reorganization;

h) assist, advise, and represent the Committee in understanding its
powers and its duties under the Bankruptcy Code and the Bankruptcy
Rules and in performing other services as are in the interests of
those represented by the Committee;

i) assist, advise, and represent the Committee in the evaluation of
claims avoidance actions; and

j) provide other services to the Committee as may be necessary in
these cases.


The firm's professionals and the hourly rates:

   Professionals               Hourly Rates
   -------------               ------------
   Robert J. Feinstein, Esq.   $995
   Bradford J. Sandler, Esq.   $825
   Shirley S. Cho, Esq.        $750
   Jason Rosell, Esq.          $525
   Peter J. Keane, Esq.        $525
   Margaret L. McGee, Esq.     $305

Bradford J. Sandler, Esq.,  partner at the firm, assures the Court
the firm does not hold any interest adverse to the Debtors and
their estate, and is a "disinterested person" within the meaning of
Section 101(14) of the Bankruptcy Code.

   Robert J. Feinstein, Esq.
   Bradford J. Sandler, Esq.
   Shirley S. Cho, Esq.
   Jason Rosell, Esq.
   Peter J. Keane, Esq.
   Margaret L. McGee, Esq.
   780 Third Avenue, 34th Floor
   New York, NY 10017-2024
   Tel: 212.561.7700
   Fax: 212.561.7777
   Email: rfeinstein@pszjlaw.com
          bsandler@pszjlaw.com
          scho@pszjlaw.com
          jrosell@pszjlaw.com
          pkeane@pszjlaw.com

                      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 INT'L: Committee to Hire GlassRatner as Fin'l Advisors
-------------------------------------------------------------
The Official Committee of Unsecured Creditors for Signal
International Inc. and its debtor-affiliates asks the U.S.
Bankruptcy Court for the District of Delaware for authority to
retain G1assRatner Advisory & Capital Group LLC as its financial
advisors.

A hearing is set for Oct. 14, 2015, at 10:30 a.m., to consider the
Committee's request.  Objections, if any, are due Sept. 11, 2015 at
4:00 p.m.

The Committee needs the firm to:

     a) analyze the Debtors' liquidation/waterfall analysis, as
well as the Debtors' underlying financial projections;

     b) as necessary, develop a revised liquidation/waterfall
analysis and valuation based on GR's evaluation of the underlying
facts and circumstances;

     c) monitor the Debtors' sale process, including periodic
updates as to the status of specific buyers;

     d) analyze the Debtors' operations prior to and after the
Petition Date, as the Committee deems necessary;

e) Analyze the Debtors' financial information prior to and after
the Petition Date, as the Committee deems necessary;

f) Review the prospects and opportunities for the Debtors as an
ongoing business operation;

g) Review the financial aspects of any disclosure statement and
plan of reorganization or liquidation;

h) Negotiate with the Debtors' financial advisor in the best
financial and business interests of the unsecured creditors;

i) Advise the Committee and its counsel on various financial and
business matters associated with the Debtors;

j) Address any related financial and business issues, as requested
by the Committee and its counsel;

k) Attend meetings of creditors and confer with representatives of
the Committee, the Debtors and their counsel; and

1) Report to the Committee and its counsel on a regular basis.

The firm's professionals and the hourly rates:

   Professionals            Hourly Rates
   -------------            ------------
   Evan Blum                $550
   James Fox                $550
   Wojciech Hajduczyk       $400
   Marshall Glade           $350
   Marc Levee               $325
   Ryan Silverman           $225

Mr. Blum, principal at the firm, assures the Court the firm does
not hold any interest adverse to the Debtors and their estate, and
is a "disinterested person" within the meaning of Section 101(14)
of the Bankruptcy Code.

The firm can can be reached at:

   Evan Blum
   James Fox
   Wojciech Hajduczyk
   Marshall Glade
   Marc Levee
   Ryan Silverman
   One Grand Central Place
   60 East 42nd Street, Suite 1062
   New York, NY 10165
   Email: eblum@glassratner.com
          jfox@glassratner.com
          whajduczyk@glassratner.com
          mglade@glassratner.com
          mlevee@glassratner.com

                      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 INT'L: Files Amended Schedule E-2
----------------------------------------
Signal International Inc. and its debtor-affiliates filed with the
U.S. Bankruptcy Court for the District of Delaware an amended
schedule E-2.  A full-text copy of the schedule is available for
free at http://is.gd/yobOkd

                      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.


STEVEN PALLADINO: New England Colleges Team Up vs. Tuition Suits
----------------------------------------------------------------
Katy Stech, writing for The Wall Street Journal, reported that
Yale, Brown and several other New England universities are urging a
bankruptcy judge to protect colleges that are sued to return
tuition paid by a student's bankrupt parent, arguing that these
types of lawsuits go against "societal and congressional
expectations."

According to the report, lawyers for two trade groups representing
universities in Connecticut and Rhode Island are throwing their
support behind Sacred Heart University, a private Catholic school
in Fairfield, Conn., that has been sued for the return $66,275.
The lawsuit came from a bankruptcy trustee trying to collect money
to pay off the debt of Steven and Lori Palladino, a Connecticut
couple who filed for bankruptcy last year after paying for their
daughter, Nicole, to start studying at the school fall 2012, the
report related.

The couple's bankruptcy trustee, however, said that the tuition
money should be redirected to victims of a multimillion dollar
Ponzi scheme that Steven Palladino orchestrated through a
Massachusetts-based firm called Viking Financial Group, the report
further related.


TARGA RESOURCES: S&P Affirms 'BB+' CCR & Revises Outlook to Neg.
----------------------------------------------------------------
Standard & Poor's Ratings Services said it affirmed its 'BB+'
corporate credit rating on Targa and revised the outlook to
negative from stable.  S&P also affirmed its 'B+' corporate credit
rating on general partnership TRC and revised the outlook to
negative.

"The negative rating outlook on Targa reflects our view that the
partnership will have financial leverage in the 5.0x to 5.5x range
and a weak distribution coverage ratio below 1x through 2016," said
Standard & Poor's credit analyst Nora Pickens.

S&P could lower the rating if industry fundamentals weaken further,
leading to financial leverage above 5x and distribution coverage
below 1x for an extended period of time.  This could occur if
additional pressure on commodity prices weakens Targa's margins and
leads to lower volumes across its operating platform. S&P could
also consider lowering the ratings if the partnership has cost
overruns or material delays on large capital projects.

S&P could revise the outlook to stable if it expects Targa will
maintain financial leverage below 5.0x and distribution coverage
comfortably above 1.0x given the inherent risks to the
partnership's cash flow.

The negative rating outlook on TRC reflects S&P's maintaining a
three-notch rating separation between TRC and Targa.

S&P could lower the rating on TRC if S&P lowers the rating on Targa
or if it expects that TRC's stand-alone debt to EBITDA to be above
4.0x in the long term due to distributions growing at a lower rate
or due to further debt issuances.

S&P could revise the outlook to stable if it revises the outlook on
Targa to stable and stand-alone debt to EBITDA remains below 4.0x.



TEMPUR SEALY: S&P Affirms 'BB-' CCR & Revises Outlook to Positive
-----------------------------------------------------------------
Standard & Poor's Ratings Services affirmed its 'BB-' corporate
credit rating on Lexington, Ky.–based Tempur Sealy International
Inc.  S&P revised its outlook to positive from stable.

"We also affirmed our 'BB+' issue-level ratings on the company's
senior secured credit facilities, including its $350 million
revolver due 2018, $550 million term loan A due 2018, and $870 term
loan B due 2020.  The recovery ratings remain '1', indicating our
expectations for very high (90% to 100%) recovery in the event of a
payment default.  We raised our senior unsecured debt issue-level
ratings on the company's $375 million notes due 2020 to 'BB-' from
'B+' and revising our recovery ratings to '3', indicating our
expectations for meaningful (50% to 70%) recovery in the event of a
payment default at the higher end of the range, from '5'.  The
raised ratings reflect the company's overall debt reduction, and
our reassessment of the company's enterprise value," S&P said.

"The outlook revision to positive from stable reflects Tempur
Sealy's deleveraging since its acquisition of Sealy in 2013 and our
expectation that credit protection measures will continue to
improve," said Standard & Poor's credit analyst Bea Chiem.

S&P estimates the company's adjusted debt was approximately $1.7
billion as of June 30, 2015.



TMT GROUP: Bid to Convert Bankruptcies to Chapter 7 Denied
----------------------------------------------------------
Judge Marvin Isgur of the United States Bankruptcy Court for the
Southern District of Texas, Houston Division, denied Hsin-Chi Su's
motion to convert the Chapter 11 cases of TMT Group, TMT USA
Shipmanagement LLC and its affiliates, to cases under Chapter 7 of
the Bankruptcy Code, and held that the appointment of an examiner
is in the best interests of the estates and their creditors.

The motion was filed by Su on May 1, 2015, alleging that
"substantial or continuing loss to or diminution of the estate and
the absence of a reasonable likelihood of rehabilitation"
constitutes cause to convert.  Su also expressed concern that the
debtors were not properly pursuing avoidance actions before the
limitations period was set to expire on June 20, 2015.

The Debtors, the Official Committee of Unsecured Creditors, MRMBS
II LLC, Macquarie Bank, Bank Sinopac, and Wilmington Trust all
objected to the motion to convert.

During the hearing on the motion on June 12, 2015, the court made a
preliminary ruling that required the United States Trustee to
select an examiner whose role was limited to determining whether
estate causes of action had been preserved for timely prosecution
and whether the professional fees charged to the estate were
reasonable.

Judge Isgur concluded that Su has established a substantial loss to
the estate and that there is no reasonable likelihood of
rehabilitation in accordance with Section 1112(b)(4)(A), and thus
has made a prima facie case of cause to convert the debtors' cases
to Chapter 7.  However, the judge found that Su has failed to show
how either the estate or its creditors will benefit from
conversion.

Judge Isgur determined that, considering that the debtors have
terminated operations, the appointment of an examiner under Section
1112(b)(1) is in the best interests of the estates and their
creditors.  The examiner provides the estate an independent source
to verify the reasonableness of administrative expenses and the
examiner's fees will be limited compared to the alternative of a
costly chapter 7 trustee.

Since the preliminary relief has already been granted in the form
of an examiner, Judge Isgur held that further relief is not
appropriate.

The bankruptcy cases are IN RE: TMT PROCUREMENT CORPORATION, et al,
C WHALE CORPORATION, D WHALE CORPORATION, E WHALE CORPORATION, G
WHALE CORPORATION, H WHALE CORPORATION, A DUCKLING CORPORATION, F
ELEPHANT INC., A LADYBUG CORPORATION, C LADYBUG CORPORATION, D
LADYBUG CORPORATION, A HANDY CORPORATION, B HANDY CORPORATION, C
HANDY CORPORATION, B MAX CORPORATION, NEW FLAGSHIP INVESTMENT CO
LTD, RORO LINE CORPORATION, UGLY DUCKLING HOLDING CORPORATION,
GREAT ELEPHANT CORPORATION, CASE NOS. 13-33763, 13-33743, 13-33744,
13-33745, 13-33746, 13-33747, 13-33748, 13-33750, 13-33751,
13-33752, 13-33754, 13-33755, 13-33756, 13-33757, 13-33758,
13-33759, 13-33760, 13-33761, 13-33762 (Bankr. S.D. Tex.).

A full-text copy of Judge Isgur's August 14, 2015 memorandum
opinion is available at http://is.gd/4ldG20from Leagle.com.

                       About TMT Group

Known in the industry as TMT Group, TMT USA Shipmanagement LLC and
its affiliates own 17 vessels.  Vessels range in size from 27,000
dead weight tons (dwt) to 320,000 dwt.

TMT USA and 22 affiliates, including C. Ladybug Corporation, sought
Chapter 11 protection (Bankr. S.D. Tex. Lead Case No. 13-33740) in
Houston, Texas, on June 20, 2013 after lenders seized seven
vessels.

TMT filed a lawsuit in U.S. bankruptcy court aimed at forcing
creditors to release the vessels so they can return to generating
income.

TMT has tapped attorneys from Bracewell & Giuliani LLP as
bankruptcy counsel and AlixPartners as financial advisors.

On a consolidated basis, the Debtors have $1.52 billion in assets
and $1.46 billion in liabilities.


TRANS COASTAL: U.S. Trustee Forms 5-Member Creditor's Committee
---------------------------------------------------------------
Nancy J. Gargula, U.S. Trustee for Region 10, appointed five
members to the Official Committee of Unsecured Creditors in the
Chapter 11 bankruptcy case of Trans Coastal Supply Company Inc.

The members of the Committee are:

1) CHS, Inc.
   Attn: Jim Johnson
   5500 Cenex Drive MS625
   Inver Grove Heights, MN 55077
   Phone: (651) 355-6376
   Email: james.johnson@chsinc.com

2) Gavilon Ingredients, LLC
   Attn: Bill Vernon
   1331 Capital Avenue
   Omaha, NE 68102
   Phone: (402) 889-4698
   Email: bill.vernon@gavilon.com

3) J.D. Heiskill Holdings dba J.D. Heiskill & Co.
   Attn: Michael Isham
   20010 Manderson Street, Suite A
   Elkhorn, NE 68022
   Phone: (402) 289-5700
   Fax: (402) 289-6748
   Email: Misham@heiskell.com

4) Green Plains, Inc.
   Attn: Ken Kozlik
   450 Regency Parkway, #400
   Omaha, NE 68114
   Phone: (402) 315-1620
   Fax: (402) 884-8776
   Email: Ken.Kozlik@gpreinc.com

5) China Shipping (North America) Agency Co., Inc.
   Attn: Nancy Zhang
   11 Phillips Parkway
   PO Box 420
   Montvale, NJ 07645-0420
   Phone: (201) 505-6900
   Fax: (201) 505-9810
   Email: nancy.zhang@csna.net

Headquartered in Decatur, Illinois, Trans Coastal Supply Company
Inc ships grain and other agricultural products like the ethanol
byproduct distillers dried grains (DDGS) in containers to overseas
buyers.

Trans Coastal Supply Company Inc. filed for Chapter 11 bankruptcy
protection (Bankr. C.D. Ill. Case No. 15-71147) on July 23, 2015.
Judge Mary P. Gorman presides over the Debtor's case.  Jeffrey D
Richardson, Esq., at Richardson & Erickson, represents the Debtor.

The Debtor estimated both assets and liabilities between $10
million and $50 million.


WASHINGTON HEIGHTS: Has Authority to Use Cash Until Sept.30
-----------------------------------------------------------
Judge Martin Glenn of the United States Bankruptcy Court for
Southern District of New York signed of an interim order
authorizing Washington Heights Parking, LLC, to use cash collateral
from the Petition Date until September 30, 2015.

All rents from the Debtor's property, including any funds collected
or received by the Debtor, will be deposited into the Lockbox
Account, and the Debtor will direct all tenants to pay rents
directly to the Lockbox Account.  The Debtor may use the Cash
Collateral to pay the actual, ordinary, necessary and reasonable
Property operating expenses in the amounts necessary or appropriate
for the ordinary operation of the Property.  To the extent those
funds are available, the Trust will release funds to the Debtor or
the Debtor's representative or designee in an amounts equal to the
budgeted amount of the Property operating expenses, except that,
the Trust may retain and escrow funds sufficient to pay taxes and
insurance and may pay those taxes and insurance.  The Trust may
set-off (a) the accumulated prepetition net cash flow from the
Property, which, as of the Petition Date totaled $100,775 against
prepetition interest and default interest owed to the Trust; and
(b) accumulated postpetition net cash flow against the postpetition
interest and default interest owed to the Trust.

The authority for the Debtor to use cash collateral follows an
agreement between the Debtor and Wells Fargo Bank, N.A. as Trustee
for the Registered Holders of COMM 2005 LP5, Commercial Mortgage
Pass-Through Certificates, on the use of cash collateral on an
interim basis as express in their Stipulated Interim Order Allowing
Use of Cash Collateral.  The Debtor asked authority to use rents to
pay expenses during cash collateral period and the Trust has agreed
to allow the Debtor to use rents in accordance with the terms and
condition in the their Stipulated Interim Order Allowing Use of
Cash Collateral.

Washington Heights Parking, LLC, is represented by:

          Gary Sachs, Esq.
          SACHS & ASSOCIATES
          20 Crescent Drive
          Albertson, NY 11507
          Tel: (516) 396-0129
          Fax: (516) 277-1857
          Email: gsachs43@gmail.com

CWCapital Asset Management LLC, solely in its capacity as Special
Servicer for the Trust, is represented by:

          Gregory A. Cross, Esq.
          Catherine Guastello Allen, Esq.
          VENABLE LLP
          750 East Pratt St., Suite 900
          Baltimore, MD 21202
          Tel: (410) 244-7400
          Fax: (410) 244-7742
          Email: cgallen@venable.com
                 gacross@venable.com

             -- and --

          Edward A. Smith
          VENABLE LLP
          Rockefeller Center
          1270 Avenue of the Americas
          Twenty-Fourth Floor
          New York, NY 10020
          Tel: (212) 307-5500
          Fax: (212) 307-5598
          Email: easmith@venable.com

                           About Washington Heights

Washington Heights Parking, LLC, one of 20 companies owned by real
estate developer Jose Espinal, sought bankruptcy protection (Bankr.
S.D.N.Y. Case No. 15-11687) in Manhattan on June 26, 2015.

Washington Heights Parking, a real estate business, owns a building
at 4320 Broadway, New York.  It leases the premises to three
tenants who pay annualized rents of approximately $1.4 million.


WETDOG LLC: Belle Resources Claim Entitled to Postpetition Interest
-------------------------------------------------------------------
Judge Edward J. Coleman, III, of the United States Bankruptcy Court
for the Southern District of Georgia, Savannah Division, concluded
that Belle Resources, Ltd., is entitled to interest under Section
506(b) of the Bankruptcy Code on its secured claim during the
17-month period between the Petition Date and the order confirming
Wetdog, LLC's plan, accruing at the contractual non-default rate of
LIBOR plus 4.25%, except that no interest accrued for the first
four months of that period.

After confirmation of Wetdog's plan, Belle, an oversecured
creditor, sent a spreadsheet to Wetdog showing the amount it
claimed it was still owed after giving Wetdog credit for payments
made during the bankruptcy case.  Belle charged the default rate of
18% interest during the Pendency Period and added certain fees to
the amount owing for work performed by lead counsel and local
counsel on its behalf.

Wetdog objected, contending that Belle is barred from now asserting
its entitlement to interest at the note's default rate during the
Pendency Period and is instead limited to the floating contract
interest rate of LIBOR plus 4.25%.  Wetdog also asserted that Belle
is barred from claiming the "reasonable fees, costs, or charges
provided for under the agreement" under Section 506(b) and that the
majority of the fees were unreasonable in any event.

Judge Coleman held that the res judicata effect of plan
confirmation bars Belle from establishing its entitlement to
interest at the default rate during the Pendency Period.
Accordingly, the judge ruled that Belle is entitled to Pendency
Period interest at the non-default contract rate of the 90-day
LIBOR rate plus 4.25% with the exception that the first four months
when Comerica Bank held the Wetdog note, no interest accrued.

Judge Coleman also rejected Belle's argument that there is no
deadline under Section 506(b).  The judge ruled that the res
judicata effect of plan confirmation also bar Belle from seeking
the allowance of "reasonable fees, costs, and charges."

The case is In the matter of: WETDOG, LLC, Chapter 11, Debtor, NO.
13-40601-EJC (S.D. Ga.).

A full-text copy of the August 14, 2015 opinion is available at
http://is.gd/4bRltWfrom Leagle.com.  
                 
                  About Wetdog, LLC

Wetdog, LLC, dba Foley House Inn, filed for Chapter 11 bankruptcy
(Bankr. S.D. Ga. Case No. 13-40601) on April 5, 2013.  C. James
McCallar, Jr., Esq., at McCallar Law Firm, serves as the Debtor's
counsel.  It scheduled assets of $3,053,445 and liabilities of
$3,389,681.  A list of the three largest unsecured creditors is
available for free at http://bankrupt.com/misc/gasb13-40601.pdfThe
petition was signed by Grant Rogers, managing member.


ZUCKER GOLDBERG: Genova Burns to Serve as Labor Law Counsel
-----------------------------------------------------------
Zucker, Goldberg & Ackerman, LLC seeks authorization from the U.S.
Bankruptcy Court for the District of New Jersey to employ Genova
Burns, LLC to represent it on matters relating to labor issues.

Genova Burns will be paid at these hourly rates:

       Angelo J. Genova          $850
       Partners                  $450-$600
       Counsel                   $350-$550
       Of Counsel                $500-$550
       Associates                $225-$325
       Paralegal                 $175

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

Genova Burns required a $5,000 retainer from the Debtor.

Patrick W. McGovern, partner of Genova Burns, 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.

Genova Burns can be reached at:

       Patrick W. McGovern, Esq.
       GENOVA BURNS LLC
       494 Broad Street
       Newark, NJ 07102
       Tel: (973) 533-0777
       Fax: (973) 533-1112

                    About Zucker Goldberg

Formed in 1923 as Zucker & Goldberg, law firm Zucker, Goldberg &
Ackerman, LLC, is primarily engaged in the representation of
lenders and secured parties in foreclosure matters, insolvency
proceedings and related matters.  The sole members of ZGA are
Michael S. Ackerman, Esq. and Joel Ackerman, Esq. Michael S.
Ackerman is the managing member of the firm.  ZGA's primary
offices are in Mountainside, New Jersey.

Zucker, Goldberg & Ackerman, LLC, sought Chapter 11 protection
(Bankr. D.N.J. Case No. 15-24585) in Newark, New Jersey, on
Aug. 3, 2015, to complete the orderly liquidation of the business.

The case is assigned to Judge Christine M. Gravelle.

The Debtor disclosed total assets of $11.5 million and total
liabilities of $53.3 million as of June 30, 2015.

ZGA tapped Wasserman, Jurista & Stolz, P.C. as bankruptcy counsel;
Brown, Moskowitz & Kallen, P.C., as special litigation counsel;
Genova Burns as labor counsel; and BMC Group, Inc., as noticing and
balloting agent.


ZUCKER GOLDBERG: Taps Getzler Henrich as Financial Advisors
-----------------------------------------------------------
Zucker, Goldberg & Ackerman, LLC seeks authorization from the U.S.
Bankruptcy Court for the District of New Jersey to employ Getzler
Henrich & Associates, LLC as financial advisors.

The Debtor requires Getzler Henrich to:

   (a) assist with the preparation of Court motions as requested
       by counsel;

   (b) assist with compliance with the reporting requirements of
       the Bankruptcy Code, Bankruptcy Rules and local rules,
       including but not limited to monthly operating reports,
       Schedules of Assets and Liabilities, and Statements of
       Financial Affairs;

   (c) participate in Court hearings and, if necessary, provide,
       expert testimony in connection with any hearings before the

       Court;

   (d) consult with all other retained parties, and other parties-
       in-interest, as necessary;

   (e) assist with the analysis and reconciliation of claims
       against the Debtors and other bankruptcy avoidance actions;

   (f) assist with trade creditor negotiations, if appropriate or
       required;

   (g) assist with the analysis and reconciliation of claims
       against the Debtors and other bankruptcy avoidance actions;

   (h) assist the Debtor with the bankruptcy process to minimize
       costs associated with that process; and

   (i) perform such other tasks as appropriate as may reasonably
       be requested by management or counsel.

Getzler Henrich will be paid at these hourly rates:

       Bill Henrich                         $535
       Mark Podgainy                        $460
       Principal/Managing Director          $495-$595
       Director/Specialists                 $385-$550
       Associate Professionals              $160-$385

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

William Henrich, co-chairman of Getzler Henrich, 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.

Getzler Henrich can be reached at:

       William Henrich
       GETZLER HENRICH & ASSOCIATES, LLC
       295 Madison Avenue, 20th Floor
       New York, NY 10017
       Tel: (212) 697-2400
       Fax: (212) 697-4812

                    About Zucker Goldberg

Formed in 1923 as Zucker & Goldberg, law firm Zucker, Goldberg &
Ackerman, LLC, is primarily engaged in the representation of
lenders and secured parties in foreclosure matters, insolvency
proceedings and related matters.  The sole members of ZGA are
Michael S. Ackerman, Esq. and Joel Ackerman, Esq. Michael S.
Ackerman is the managing member of the firm.  ZGA's primary offices
are in Mountainside, New Jersey.

Zucker, Goldberg & Ackerman, LLC, sought Chapter 11 protection
(Bankr. D.N.J. Case No. 15-24585) in Newark, New Jersey, on Aug. 3,
2015, to complete the orderly liquidation of the business.

The case is assigned to Judge Christine M. Gravelle.

The Debtor disclosed total assets of $11.5 million and total
liabilities of $53.3 million as of June 30, 2015.

ZGA tapped Wasserman, Jurista & Stolz, P.C. as bankruptcy counsel;
Brown, Moskowitz & Kallen, P.C., as special litigation counsel;
Genova Burns as labor counsel; and BMC Group, Inc., as noticing and
balloting agent.



[*] QS Energy to Take Advantage of Spike in US Bankruptcy Filings
-----------------------------------------------------------------
QS Energy, Inc., a developer of integrated technology solutions for
the energy industry, on Sept. 8 disclosed that it has engaged a
U.S.-based boutique investment bank to pursue financing in support
of the Company's parallel growth strategies.  These dual strategies
are consistent of 1) commercialization and deployment of QS
Energy's technology offerings; and 2) the acquisition of
synergistic and accretive entities or product lines through its
wholly-owned subsidiary, QS Energy Pool.

Greggory Bigger, QS Energy Chief Executive Officer and Chairman,
commented, "We are excited to partner with an organization that is
fully committed to the realization of our parallel growth
strategies.  This oil & gas focused firm will assist QS Energy's
capital raising initiatives to fund ongoing operations, and
separately for potential acquisitions on a case-by-case basis
through QS Energy Pool.  As I have stated over the last few months,
the current energy market environment provides QS Energy with a
unique opportunity, one which we are poised to take advantage of
through our product portfolio and via our M&A strategy.  The recent
downturn and volatility in the US equities markets has only
increased opportunities for us on both fronts, and now more than
ever, opportunities are opening up for QSEP.  Our banking partner
understands the potential for immediate revenue generation stemming
from these opportunities, and with their capital raising support we
hope to aggressively pursue new proposals for our technology as
well as accretive acquisitions, thereby leading to immediate value
creation for our shareholders."

QS Energy recently initiated its mergers & acquisitions plan
through its special purpose vehicle, QS Energy Pool, in an effort
to acquire companies or assets that will have a substantial,
positive impact on the Company's operations and balance sheet.  The
drastic decrease in global oil prices has put tremendous pressure
on many small to mid-sized companies across all segments of the
energy industry.  In concert with the commodity price crash is the
current downturn in US Equity markets, which is being pushed partly
as a result of the crash, but also by factors such as China's
economy, a potential US interest rate hike, poor jobs reports,
among many others.  The current instability of the US economy is
putting an even tighter stranglehold on small to mid-sized energy
companies, which is resulting in US bankruptcy filings at an
alarming rate.  QS Energy Pool will take advantage of these unique
conditions through the identification and acquisition of
undervalued entities, assets and technologies that have filed for
Chapter 11, and that can be leveraged for the deployment and
enhancement of its AOT and Joule Heat technology offerings.

Mr. Bigger continued, "We are looking at what is almost a perfect
storm of events for QS Energy, and our duel strategies for growth.
Our Company is making inroads with additional operators who are in
need of improved operational efficiencies provided by our viscosity
reduction systems, and in fact, we currently have a number of
potential acquisition deals on the table for QS Energy Pool.  Our
advisors to the acquisition strategy, Scott and Bill, have been
nothing short of stellar, as their knowledge of the industry and
key relationships have put us into position to strike on a number
of potential acquisitions.  Our investment banking partner will
pursue financing for those acquisition opportunities that are both
accretive to, and synergistic with QS Energy's current operations
on a case-by-case basis.  I expect us to be very busy, working
together on this front."

QS Energy continues to make progress as it moves from R&D to full
commercialization of its Applied Oil Technology(TM) (AOT(TM)) and
Joule Heat(TM) Solutions.  AOT is a patent-protected hardware
system designed to reduce the viscosity of crude oil transported
via pipeline, and developed in partnership with Temple University.
AOT harnesses the principles of electrorheology to reduce
viscosity, thereby lowering operational costs and improving
efficiencies when transporting feedstock.  QS Energy has partnered
with various third-party testing organizations, as well as both
upstream and midstream operators, to prove the financial benefits
of AOT as a result of reduced viscosity.  The Company's Joule Heat
technology offering is a solution for the challenges of
transporting heavy, waxy feedstock, as well as transporting
petroleum products through cold weather environments.  Preliminary
testing suggests that Joule Heat will operate at significantly
better efficiency rates than existing trace heating technologies.
AOT and Joule Heat are both in active beta deployments with major
North American operators.

Mr. Bigger stated, "We are making great strides towards the full
commercialization of our viscosity reduction technologies, and we
are ramping up testing, research & development, and production for
both AOT and Joule Heat.  Our newly-engaged investment banking
partner will assist the Company with any necessary capital raising
in support of our technology operations.  It is critical that we
maintain steady forward progress as the benefits of our hardware
systems are further proven up, so that we are ready to deploy with
operators around the globe at any time.  Our banking firm
understands the financial benefits that these deployments will
bring to QS Energy and our shareholders, and we are highly
confident in their abilities to raise capital for ongoing
operations in support of these goals."

Mr. Bigger concluded, "Our banking partner is invested in, and
committed to the success of our parallel growth strategies, and
together we hope to reach the next level of value creation for our
loyal shareholder base.  The firm will lend its considerable
resources to financing initiatives for QS Energy in support of
ongoing operations, technology deployments, and acquisitions that
will bolster our product portfolio and bottom-line revenues. We are
proud to partner with their team as QS Energy moves into an
exciting new era."

                      About QS Energy, Inc.

QS Energy, Inc. (OTCQX: QSEP) -- http://www.QSEnergy.com--
provides the global energy industry with patent-protected
industrial equipment designed to deliver measurable performance
improvements to crude oil pipelines. Developed in partnership with
leading crude oil production and transportation entities, QS
Energy's high-value solutions address the enormous capacity
inadequacies of domestic and overseas pipeline infrastructures that
were designed and constructed prior to the current worldwide surge
in oil production.  In support of our clients' commitment to the
responsible sourcing of energy and environmental stewardship, QS
Energy combines scientific research with inventive problem solving
to provide energy efficiency 'clean tech' solutions to bring new
efficiencies and lower operational costs to the upstream, midstream
and gathering sectors.



[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Calvin L. Raup and Angela J. Raup
   Bankr. D. Ariz. Case No. 15-10994
      Chapter 11 Petition filed August 27, 2015

In re Mega, Inc.
   Bankr.S.D. Fla. Case No. 15-25559
      Chapter 11 Petition filed August 27, 2015
         See http://bankrupt.com/misc/flsb15-25559.pdf
         represented by: Brett A. Elam, Esq.
                         FARBER + ELAM, LLC
                         E-mail: belam@brettelamlaw.com

In re Walter Henry Schwab Jr.
   Bankr. N.D. Ga. Case No. 15-66300
      Chapter 11 Petition filed August 27, 2015

In re Camera Mart, Inc.
   Bankr. E.D. Mich. Case No. 15-52693
      Chapter 11 Petition filed August 27, 2015
         See http://bankrupt.com/misc/mieb15-52693.pdf
         represented by: Ernest Hassan, Esq.
                         STEVENSON & BULLOCK, PLC
                         E-mail: ehassan@sbplclaw.com

In re Kathleen Sellars
   Bankr. E.D.N.Y. Case No. 15-43948
      Chapter 11 Petition filed August 27, 2015

In re Anthony T Fowora
   Bankr. E.D.N.Y. Case No. 15-73680
      Chapter 11 Petition filed August 27, 2015

In re Stephen E. Kezmarsky, III and Nancy L. Kezmarsky
   Bankr. W.D. Pa. Case No. 15-23073
      Chapter 11 Petition filed August 27, 2015

In re Richvin, Inc.
   Bankr. W.D. Pa. Case No. 15-23802
      Chapter 11 Petition filed August 27, 2015
         See http://bankrupt.com/misc/pawb15-23082.pdf
         represented by: Robert O. Lampl, Esq.
                         E-mail: rol@lampllaw.com

In re Joaquin De Puigdorfila Esteve and Teresita M Iturregui Munoz
   Bankr. D.P.R. Case No. 15-06577
      Chapter 11 Petition filed August 27, 2015

In re Patricia Fuller Lowe
   Bankr. M.D. Tenn. Case No. 15-06017
      Chapter 11 Petition filed August 27, 2015

In re Caroline Leslie Collin
   Bankr. C.D. Cal. Case No. 15-23543
      Chapter 11 Petition filed August 28, 2015

In re William Merlo
   Bankr. S.D. Fla. Case No. 15-25639
      Chapter 11 Petition filed August 28, 2015

In re Bobby F. Price, Jr.
   Bankr. M.D. Ga. Case No. 15-71003
      Chapter 11 Petition filed August 28, 2015

In re Prico Enterprises, Inc.
   Bankr. M.D. Ga. Case No. 15-71004
      Chapter 11 Petition filed August 28, 2015
         See http://bankrupt.com/misc/gamb15-71004.pdf
         represented by: Wesley J. Boyer, Esq.
                         KATZ, FLATAU, POPSON AND BOYER, LLP
                         E-mail: wjboyer_2000@yahoo.com

In re Praise Christian Center Church
   Bankr. N.D. Ga. Case No. 15-66355
      Chapter 11 Petition filed August 28, 2015
         represented by: Melvin L. Dansby, Esq.

In re Marc John Randazza
   Bankr. D. Nev. Case No. 15-14956
      Chapter 11 Petition filed August 28, 2015

In re Marinus J. Van Peenen
   Bankr. D.N.J. Case No. 15-26283
      Chapter 11 Petition filed August 28, 2015

In re Darlina C. Crowder
   Bankr. E.D. Tex. Case No. 15-41542
      Chapter 11 Petition filed August 28, 2015

In re Alton Earl Donalson, Sr
   Bankr. S.D. Tex. Case No. 15-34525
      Chapter 11 Petition filed August 28, 2015

In re Hugh Edmond Long
   Bankr. W.D. Tex. Case No. 15-52079
      Chapter 11 Petition filed August 28, 2015

In re Sanchez Auto Body, Inc.
   Bankr. W.D. La. Case No. 15-31270
      Chapter 11 Petition filed August 30, 2015
         See http://bankrupt.com/misc/lawb15-31270.pdf
         represented by: Amado Leija, Esq.
                         THE LAW OFFICE OF AMADO LEIJA
                         E-mail: amado@leijalaw.com

In re Crofchick, Inc.
   Bankr. M.D. Pa. Case No. 15-03723
      Chapter 11 Petition filed August 30, 2015
         See http://bankrupt.com/misc/pamb15-03723.pdf
         represented by: Tullio DeLuca, Esq.
                         E-mail: tullio.deluca@verizon.net

In re Crofchick Realty, LLC
   Bankr. M.D. Pa. Case No. 15-03724
      Chapter 11 Petition filed August 30, 2015
         See http://bankrupt.com/misc/pamb15-03724.pdf
         represented by: Tullio DeLuca, Esq.
                         E-mail: tullio.deluca@verizon.net

In re Sandra L Turner
   Bankr. M.D. Tenn. Case No. 15-06099
      Chapter 11 Petition filed August 30, 2015

In re John Jefferson Vitalich
   Bankr. N.D. Cal. Case No. 15-52814
      Chapter 11 Petition filed August 31, 2015

In re Sonja Vaughan Bell and Johnathan Shariff Bell
   Bankr. D. Conn. Case No. 15-21541
      Chapter 11 Petition filed August 31, 2015

In re BCGC Unit 1 Inc.d/b/a BIG CITY GRILL
   Bankr. M.D. Fla. Case No. 15-08883
      Chapter 11 Petition filed August 31, 2015
         See http://bankrupt.com/misc/flmb15-08883.pdf
         represented by: Samantha L Dammer, Esq.
                         TAMPA LAW ADVOCATES,P.A.
                         E-mail: sdammer@attysam.com

In re Harvey B. Bee and Veronica G. Bee
   Bankr. M.D. Ga. Case No. 15-52017
      Chapter 11 Petition filed August 31, 2015

In re Michael Joseph Hamby and Kendal Elizabeth Horton
   Bankr. D. Md. Case No. 15-22145
      Chapter 11 Petition filed August 31, 2015

In re Judith Ann Young-Doss
   Bankr. E.D. Mich. Case No. 15-52939
      Chapter 11 Petition filed August 31, 2015

In re Spa San Marco, Inc.
   Bankr. D.N.J. Case No. 15-26383
      Chapter 11 Petition filed August 31, 2015
         See http://bankrupt.com/misc/njb15-26383.pdf
         represented by: Jeffrey B. Saper, Esq.
                         LAW OFFICES OF JEFFREY B. SAPER, PC
                         E-mail: jbsaperlaw@comcast.net

In re Angel David Fuster, II
   Bankr. E.D.N.Y. Case No. 15-44018
      Chapter 11 Petition filed August 31, 2015

In re William J. Gerbe, Jr.
   Bankr. E.D.N.Y. Case No. 15-44035
      Chapter 11 Petition filed August 31, 2015

In re Paula Malliarakis
   Bankr. E.D.N.Y. Case No. 15-44058
      Chapter 11 Petition filed August 31, 2015

In re William A. Baker
   Bankr. N.D.N.Y. Case No. 15-11799
      Chapter 11 Petition filed August 31, 2015

In re Pretty Girl of Jerome Corp.
   Bankr. S.D.N.Y. Case No. 15-12453
      Chapter 11 Petition filed August 31, 2015
         See http://bankrupt.com/misc/nysb15-12453.pdf
         represented by: Nancy Lynne Kourland, Esq.
                         ROSEN & ASSOCIATES, P.C.
                         E-mail: nkourland@rosenpc.com

In re Braddell-Davey Corporation
   Bankr. W.D.N.Y. Case No. 15-11834
      Chapter 11 Petition filed August 31, 2015
         See http://bankrupt.com/misc/nywb15-11834.pdf
         represented by: Arthur G. Baumeister, Jr., Esq.
                         AMIGONE, SANCHEZ & MATTREY LLP
                         Email: abaumeister@amigonesanchez.com

In re Douglas William Lee
   Bankr. E.D.N.C. Case No. 15-04689
      Chapter 11 Petition filed August 31, 2015

In re Le Thi Nguyen
   Bankr. N.D. Tex. Case No. 15-43500
      Chapter 11 Petition filed August 31, 2015

In re Eric N Lingenfelter
   Bankr. W.D. Va. Case No. 15-61673
      Chapter 11 Petition filed August 31, 2015

In re Edmundo Tijerina, Jr.
   Bankr. S.D. Tex. Case No. 15-34647
      Chapter 11 Petition filed September 1, 2015

In re Timothy R Wright
   Bankr. D. Ariz. Case No. 15-11190
      Chapter 11 Petition filed September 1, 2015

In re Leo R Sandoval
   Bankr. C.D. Cal. Case No. 15-11767
      Chapter 11 Petition filed September 1, 2015

In re Holmes & Sons Trucking, Inc.
   Bankr. N.D. Cal. Case No. 15-52840
      Chapter 11 Petition filed September 1, 2015
         See http://bankrupt.com/misc/canb15-52840.pdf
         represented by: Jason Vogelpohl, Esq.
                         CENTRAL COAST BANKRUPTCY
                         E-mail: jason@centralcoastbankruptcy.com

In re Juan Carlos Casas
   Bankr. N.D. Cal. Case No. 15-52841
      Chapter 11 Petition filed September 1, 2015

In re H. Edward Sherman APLC
   Bankr. E.D. La. Case No. 15-12244
      Chapter 11 Petition filed September 1, 2015
         Filed Pro Se

In re H. Edward Sherman
   Bankr. E.D. La. Case No. 15-12246
      Chapter 11 Petition filed September 1, 2015

In re Jeffrey R Gutzwiller
   Bankr. D.N.J. Case No. 15-26602
      Chapter 11 Petition filed September 1, 2015

In re Chun Ya Cheung and Min Qin Zheng
   Bankr. S.D. Ohio Case No. 15-13397
      Chapter 11 Petition filed September 1, 2015

In re Empresas Figueroa Goytia Assoc Inc
   Bankr. D.P.R. Case No. 15-06756
      Chapter 11 Petition filed September 1, 2015
         See http://bankrupt.com/misc/prb15-06756.pdf
         represented by: Wanda I. Luna Martinez, Esq.
                         LUNA LAW OFFICES
                         E-mail: quiebra@gmail.com

In re Jose G. Maldonado Malave and Zulma I. Recio Lopez
   Bankr. D.P.R. Case No. 15-06762
      Chapter 11 Petition filed September 1, 2015

In re Andy Valiente Caballero
   Bankr. D.P.R. Case No. 15-06765
      Chapter 11 Petition filed September 1, 2015

In re Glenn, Glenn & Dave, LLC
   Bankr. D.S.C. Case No. 15-04639
      Chapter 11 Petition filed September 1, 2015
         See http://bankrupt.com/misc/scb15-04639.pdf
         represented by: Robert H. Cooper, Esq.
                         THE COOPER LAW FIRM
                         E-mail:
thecooperlawfirm@thecooperlawfirm.com

In re Carolina Procurement Institute, Inc
   Bankr. D.S.C. Case No. 15-04646
      Chapter 11 Petition filed September 1, 2015
         See http://bankrupt.com/misc/scb15-04646.pdf
         filed Pro Se

In re YOGA4YUGP, LLC
   Bankr. E.D. Tex. Case No. 15-41606
      Chapter 11 Petition filed September 1, 2015
         See http://bankrupt.com/misc/txeb15-41606.pdf
         represented by: Kevin S. Wiley, Jr., Esq.
                         LAW OFFICES OF KEVIN S. WILEY JR
                         E-mail: kevinwiley@lkswjr.com

In re Divine Solutions and Development/D Mitchell Properties
   Bankr. S.D. Tex. Case No. 15-34675
      Chapter 11 Petition filed September 1, 2015
         See http://bankrupt.com/misc/txsb15-34675.pdf
         Filed Pro Se

In re A.N.J. Enterprises, Inc.
   Bankr. W.D. Tex. Case No. 15-52157
      Chapter 11 Petition filed September 1, 2015
         See http://bankrupt.com/misc/txwb15-52157.pdf
         represented by: David T. Cain, Esq.
                         LAW OFFICE OF DAVID T. CAIN
                         E-mail: caindt@swbell.net

In re Mollett Welding and Mine Service, Inc.
   Bankr. S.D.W. Va. Case No. 15-20456
      Chapter 11 Petition filed September 1, 2015
         See http://bankrupt.com/misc/wvsb15-20456.pdf
         represented by: Mitchell Lee Klein, Esq.
                         KLEIN, SHERIDAN & GLAZER, LC
                         E-mail: swhittington@kleinandsheridan.com

In re St. Johns Professional Center, LLC
   Bankr. M.D. Fla. Case No. 15-03949
      Chapter 11 Petition filed September 1, 2015
         See http://bankrupt.com/misc/flmb15-03949.pdf
         filed Pro Se

In re Maria Motherbaugh
   Bankr. C.D. Cal. Case No. 15-12926
      Chapter 11 Petition filed September 2, 2015

In re Los Angeles Federal Armored Services, Inc.
   Bankr. C.D. Cal. Case No. 15-23810
      Chapter 11 Petition filed September 2, 2015
         See http://bankrupt.com/misc/cacb15-23810.pdf
         represented by: Kahlil J. McAlpin, Esq.
                         LAW OFFICES OF KAHLIL J. MCALPIN
                         E-mail: kahlil24@aol.com

In re Paul H. Leek
   Bankr. D. Conn. Case No. 15-21570
      Chapter 11 Petition filed September 2, 2015

In re Randy Kevin Metcalf and Regina Michele Metcalf
   Bankr. N.D. Fla. Case No. 15-30915
      Chapter 11 Petition filed September 2, 2015

In re Discepolo LLP
   Bankr. D. Md. Case No. 15-22242
      Chapter 11 Petition filed September 2, 2015
         See http://bankrupt.com/misc/mdb15-22242.pdf
         represented by: George N. Doumas, Esq.
                         DISCEPOLO LLP
                         E-mail: george@discepolollp.com

In re Red Oaks Mill Carpet Corp.
   Bankr. S.D.N.Y. Case No. 15-36638
      Chapter 11 Petition filed September 2, 2015
         See http://bankrupt.com/misc/nysb15-36638.pdf
         represented by: H. Bruce Bronson, Jr., Esq.
                         BRONSON LAW OFFICES, P.C.
                         E-mail: G2514@notify.cincompass.com

In re Leonel Diaz Hernandez and Rosemarie Espinal Castillo
   Bankr. D.P.R. Case No. 15-06796
      Chapter 11 Petition filed September 2, 2015

In re 12 Degree Entertainment, LLC
   Bankr. M.D. Tenn. Case No. 15-06194
      Chapter 11 Petition filed September 2, 2015
         See http://bankrupt.com/misc/tnmb15-06194.pdf
         represented by: Steven L. Lefkovitz, Esq.
                         LAW OFFICES LEFKOVITZ & LEFKOVITZ
                         E-mail: slefkovitz@lefkovitz.com

In re Tanglewood Medical Center, Inc.
   Bankr. M.D. Tenn. Case No. 15-06198
      Chapter 11 Petition filed September 2, 2015
         See http://bankrupt.com/misc/tnmb15-06198.pdf
         represented by: Steven L. Lefkovitz, Esq.
                         LAW OFFICES LEFKOVITZ & LEFKOVITZ
                         E-mail: slefkovitz@lefkovitz.com

In re Continental Exploration, LLC
   Bankr. E.D. Tex. Case No. 15-41607
      Chapter 11 Petition filed September 2, 2015
         See http://bankrupt.com/misc/txeb15-41607.pdf
         represented by: Eric A. Liepins, Esq.
                         ERIC A. LIEPINS P.C.
                         E-mail: eric@ealpc.com

In re Henry S. Fitzgerald
   Bankr. E.D. Va. Case No. 15-13064
      Chapter 11 Petition filed September 2, 2015

In re MLRG, Inc.
   Bankr. E.D. Va. Case No. 15-13069
      Chapter 11 Petition filed September 2, 2015
         See http://bankrupt.com/misc/vaeb15-13069.pdf
         filed Pro Se

In re Nathan Construction, Inc.
   Bankr. W.D. Wash. Case No. 15-15325
      Chapter 11 Petition filed September 2, 2015
         See http://bankrupt.com/misc/wawb15-15325.pdf
         represented by: Larry B. Feinstein, Esq.
                         VORTMAN & FEINSTEIN
                         E-mail: feinstein1947@gmail.com


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
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