TCR_Public/150918.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Friday, September 18, 2015, Vol. 19, No. 261

                            Headlines

669 EAST 21: Appeals Dismissed for Lack of Appellate Jurisdiction
99 CENTS: Moody's Lowers Corp. Family Rating to 'B3'
ALLIED NEVADA: Brian Tuttle's Bid for Examiner Appointment Denied
ALPHA NATURAL: Anticipates Final Court Approval of DIP Loan
AMAG PHARMA: Generic Drug Approval No Effect on Moody's B2 CFR

AMERICAN EAGLE ENERGY: To Hire Roberts & Olivia as Special Counsel
AMERICAN TITLE: Transamerica Dismissed From Beneficiary Suit
AMPAL-AMERICAN: Court Grants MAG Summary Judgment Against Ex-CEO
AMPLIPHI BIOSCIENCES: Wendy Johnson to Serve as Interim COO
ANNA'S LINENS: Court Approves Hiring of BDO as Accountant

ANNA'S LINENS: Court Okays Hiring of RCS as Real Estate Consultant
APARTMENTS AND ACQUISTIONS: Case Summary & 4 Top Unsec Creditors
ARAMID ENTERTAINMENT: No Objections Against Asset Sale
ARCH COAL: Wyoming State Completes Review of Permits
ASPEN GROUP: Incurs $718,700 Net Loss in Fiscal First Quarter

ATP OIL: Harvey Gulf's Statutory Liens Not Senior Prior Liens
AVIS BUDGET: Fitch Affirms 'BB-' IDR Then Withdraws Rating
BAHA MAR: CCA Bahamas Comments on Chapter 11 Case Memorandum
BERNARD L. MADOFF: Aurelia Finance Directors Settle Criminal Claims
BINDER & BINDER: Taps Simon Peragine for "Williams" Suit

BLACK ELK ENERGY: Case Summary & 20 Largest Unsecured Creditors
BLUE SUN: Gets Interim OK to Employ Gallagher & Kennedy as Counsel
BLUE SUN: Gets Interim OK to Employ Lentz Clark as Local Counsel
BLUE SUN: Gets Interim OK to Employ MCA Financial as Advisor
BRANTLEY LAND: Richard K. Strickland OK'd to Handle Receivership

BRANTLEY LAND: U.S. Trustee Balks at Brown Readdick Employment
BRANTLEY LAND: U.S. Trustee Objects to Schell & Hogan Employment
BROOKE CORP: Kutak Rock Renews Bid to Dismiss $10MM Suit
CAL DIVE: FMR LLC, et al., No Longer Own Common Stock
CHRYSLER LLC: Car Dealer Defends Bid for Supreme Court Review

CLAIRE'S STORES: Amends 2012 Credit Agreement
COLT DEFENSE: Committee Wants Standing to Sue Landlord
COLT HOLDING: Seeks Approval Key Employee Incentive Plan
COMPREHENSIVE OUTPATIENT: Voluntary Chapter 11 Case Summary
COYNE INTERNATIONAL: Files Schedules of Assets and Liabilities

DIVERSE ENERGY: Proposes SSG and Chiron as Investment Bankers
DIVERSE ENERGY: Seeks to Employ CRO to Negotiate Sale
DUNE ENERGY: Defends Chapter 11 Plan and Settlement
EDENOR SA: Juan Cuattromo Resigns as Permanent Director
ELBIT IMAGING: Avram Friedman Owns 14.3% of Ordinary Shares

EMPIRE RESORTS: Amendment to 2011 Option Agreement Proposed
ENCLAVE AT BOYNTON: Wants to Employ Bradley Shraiberg as Counsel
FCC HOLDINGS: Education Lender Ordered to Drop $3.2MM Suit
FEDERATION EMPLOYMENT: Sept. 30 Set as Proofs of Claim Deadline
FILENE'S BASEMENT: Trinity Place Raising $30M to Develop Assets

FIRST DATA: Files Amendment No.2 to Form S-1 Prospectus
GAS-MART USA: Asks Judge for Dec. 29, 2015 Claims Bar Date
GENERAL MOTORS: Has $900MM Deal to Settle Ignition Switch Cases
GLOBAL COMPUTER: Wants to Hire Coburn & Greenbaum as Consultant
GLOBAL MARITIME: Harvard Endowment Ensnared by Shipper's Bankruptcy

GLOBAL MARITIME: Seeks to Turnover Funds to Non-Debtor Unit
GLOBAL MARITIME: Wants Court Order Enforcing Automatic Stay
GRAY TELEVISION: Schurz Deal Won't Impact Moody's Ratings
GREEN FIELD: Court Denies Moreno, et. al.'s Motion to Dismiss
HAGGEN HOLDINGS: Can Hire KCC as Claims and Noticing Agent

HAGGEN HOLDINGS: Gets Interim Approval to Pay $26.2MM to Vendors
HAGGEN HOLDINGS: Gets Okay to Continue Store Closings
HAT TA BOOT: Case Summary & 20 Largest Unsecured Creditors
HD SUPPLY: Elects to Redeem $675-Mil. 11% Senior Notes due 2020
HEALTH DIAGNOSTIC: Cooley LLP Approved as Committee Counsel

HEALTH DIAGNOSTIC: Files Schedules of Assets and Liabilities
HEALTH DIAGNOSTIC: Hirschler Fleischer Okayed as Conflicts Counsel
HEALTH DIAGNOSTIC: MTS Health Approved as Investment Banker
HEALTH DIAGNOSTIC: Sale of Miscellaneous Equipment Approved
HEALTHWAREHOUSE.COM INC: Extends Melrose Note Maturity to Nov. 1

HOVENSA LLC: Wants to Obtain $40 Million DIP Financing
HS GROUP: Moody's Assigns B3 Corp. Family Rating
ICONIX BRAND: S&P Lowers CCR to 'B', Off Watch Negative
IMPLANT SCIENCES: Names Robert Liscouski as President
JOE'S JEANS: Signs Rollover Agreement with Fireman, et al.

JOE'S JEANS: Signs Rollover Agreement with Peter Kim
KIOR INC: Miss. Development Agency's $2.8MM Fee Claim Denied
LEAFPROOF PRODUCTS: Court Grants Counsel $63K in Fees, Expenses
MALIBU ASSOCIATES: Needs Time to Settle Dispute with U.S. Bank
MEDICURE INC: Files sNDA for New AGGRASTAT Indication

METALICO INC: Closes Sale to Total Merchant
MIDWAY GOLD: Wants to Hire Moelis & Company as Investment Banker
MIRAMBICA INC: Voluntary Chapter 11 Case Summary
MOLYCORP INC: Files Bankruptcy Rule 2015.3 Report
NEW FOUNDATIONS: S&P Affirms 'BB+' Rating on $14MM Revenue Bonds

NEW YORK SKYLINE: Court Retains Jurisdiction Over Related Claims
NEWZOOM INC: Can Hire Prime Clerk as Noticing and Claims Agent
NEWZOOM INC: Has Interim OK to Borrow $1.2-Mil. DIP Financing
NEWZOOM INC: Section 341 Meeting Scheduled for Oct. 6
NEWZOOM INC: Seeks 14-Day Extension of Schedules Filing Deadline

NORTEL NETWORK: $29,000 in Claims Switched Hands in August 2015
PACIFIC EXPLORATION: Moody's Lowers Corp. Family Rating to B3
PATRIOT COAL: Proposes Oct. 5 Combined Hearing to Approve Exit Plan
PATRIOT COAL: VCLF Bid Protections Approved
PEREGRINE FINANCIAL: Wants $42MM Tax Bill on Exec's Fraud Reversed

PLEASE TOUCH MUSEUM: Ordered to File Schedules by Sept. 25
PLEASE TOUCH MUSEUM: Proposes Rust Consulting as Claims Agent
PLEASE TOUCH MUSEUM: Wants to Hire Dilworth Paxson as Counsel
QUIKSILVER INC: Hires Skadden Arps as Bankruptcy Counsel
R&D OFFICE: Case Summary & 6 Largest Unsecured Creditors

RADIOSHACK CORP: Plan Approval Stalled Over Lenders' Fee Demands
RESIDENTIAL CAPITAL: Court Denies Motion to Modify Mediation Order
RESIDENTIAL CAPITAL: Objection to Rode Claims Partially Sustained
REXFORD PROPERTIES: Files Schedules of Assets and Liabilities
REXFORD PROPERTIES: Sheppard Mullin Approved as Bankruptcy Counsel

RIVER OF LIFE: Case Summary & 7 Largest Unsecured Creditors
RIVER ROAD: Court Grants FBR $2.5 Million Restructuring Fee
SABINE OIL: Has Green Light to Use Cash Collateral
SAMSON RESOURCES: Case Summary & 50 Largest Unsecured Creditors
SAMSON RESOURCES: Files for Chapter 11 with Pre-Arranged Plan

SEWARD SHIP'S: Voluntary Chapter 11 Case Summary
SIGNAL INTERNATIONAL: Defends DIP Financing, PSA and Bid Protocol
SOLEDAD, CA: Moody's Hikes Tax Allocation Bonds Rating to Ba2
SPIRE CORP: Michael Magliochetti Quits as Director
STI INFRASTRUCTURE: S&P Lowers CCR to 'CCC+', Outlook Negative

TRAVELPORT WORLDWIDE: Okays 54,466 Options for Matthew Minetola
TRIANGLE USA: Moody's Lowers Corp. Family Rating to Caa1
TS EMPLOYMENT: Sec. 341 Meeting of Creditors Moved to Sept. 21
TUSCANY TILE: Voluntary Chapter 11 Case Summary
UNIVERSITY VILLAGE: At Risk of Being Put Into Receivership

VIGGLE INC: Enters Into Asset Purchase Agreement with MGT Capital
WALTER ENERGY: Trust's Objection to Cash Collateral Motion Denied
WEST CORP: FMR LLC Reports 10% Equity Stake
WRIGHTWOOD GUEST: Court Grants Chapter 11 Relief
XZERES CORP: Suspends Filing of Reports with SEC

YELLOWSTONE MOUNTAIN: Court Grants Credit Suisse Summary Judgment
YRC WORLDWIDE: Presented at Cowen & Co. Transportation Conference
ZOGENIX INC: FMR LLC Reports 12% Equity Stake
[*] Bourguignon Rejoins Troutman Sanders as Finance Partner
[*] Gift Cards Present Liquidating Retailers with New Dilemma

[*] Norman Kinel Leaves Lowenstein Sandler for Squire Patton
[*] Polsinelli's Ed Fox Joins Seyfarth Shaw as NY Partner
[*] Warren Vitter Call on Congress to Restrict Bailouts
[] Global Default Rate Lower in August, Moody's Says
[] Rising Interest Rates Credit Neg for US Utilities, Moody's Says

[^] BOOK REVIEW: The Rise and Fall of the Conglomerate Kings

                            *********

669 EAST 21: Appeals Dismissed for Lack of Appellate Jurisdiction
-----------------------------------------------------------------
Judge Carol Bagley Amon of the United States District Court for the
Eastern District of New York dismissed the consolidated appeals
challenging the bankruptcy sales of two pieces of real property to
636 Assets, Inc.

Those sales were approved by Judge Elizabeth S. Stong of the
Bankruptcy Court for the Eastern District of New York in Sale
Orders dated November 20, 2014 and December 1, 2014.

636 Assets closed on the properties on November 28, 2014 and
February 2, 2015, respectively.  It also took title to the
properties on the same dates.

On March 9, 2015, the appellants first requested that the district
court stay the effect of the Sale Orders.  The stay motion was
denied as moot because the sales authorized by those Orders had
already closed by that time.

On appeal, the appellants argued that the district court should
vacate the Sales Orders, rescind the sales, and remand for the
bankruptcy court to re-auction the properties.

Judge Amon, however, found their appeals to be statutorily moot.
The judge cited Section 363(m) of the bankruptcy code which sharply
curtails appellate review of an unstayed bankruptcy order approving
a sale of property "except on the limited issue of whether the sale
was made to a good faith purchaser."

Judge Amon held that the appellants failed to meet their burden of
showing that the bankruptcy court's findings of good faith were
clearly erroneous.  The judge found that the record makes plain
that the purchases fall squarely within the protection of Section
363(m), as 636 Assets purchased each property for a substantial sum
after fairly participating in the auction as directed by the
bankruptcy court.  Judge Amon therefore dismissed the appeals for
want of appellate jurisdiction.

The case is 23 JEFFERSON STREET LLC, Appellant, v. 636 ASSETS,
INC., Appellee. 669 EAST 21 LLC., Appellant, v. 636 ASSETS, INC.,
Appellee, NOS. 14-CV-7150 (CBA), 14-CV-7171 (CBA) (E.D.N.Y.).

A full-text copy of Judge Amon's August 24, 2015 memorandum and
order is available at http://is.gd/yGqAugfrom Leagle.com.

669 East 21 LLC is represented by:

          David Carlebach, Esq.
          LAW OFFICES OF PINCUS DAVID CARLEBACH
          1 Exchange Plz Ste 1902
          New York, NY 10006-3740
          Tel: (212) 785-3041
          Email: david@carlebachlaw.com

636 Assets Inc. is represented by:

          Lawrence F. Morrison, Esq.
          MORRISON TENENBAUM PLLC
          87 Walker Street Second Floor
          New York, NY 10013
          Tel: (212) 620-0938

            -- and --

          David Carlebach, Esq.
          LAW OFFICES OF PINCUS DAVID CARLEBACH
          1 Exchange Plz Ste 1902
          New York, NY 10006-3740
          Tel: (212) 785-3041
          Email: david@carlebachlaw.com


99 CENTS: Moody's Lowers Corp. Family Rating to 'B3'
----------------------------------------------------
Moody's Investors Service downgraded the Corporate Family Rating
and Probability of Default Rating of 99¢ Only Stores to B3 and
B3-PD from B2 and B2-PD respectively. Moody's also downgraded the
ratings of the company's $599 million senior secured term loan to
B3 from B2 and the $250 million senior unsecured notes to Caa2 from
Caa1. The rating outlook is revised to negative from stable. In
addition, the company's Speculative Grade Liquidity Rating is
lowered to SGL-3 from SGL-2.

"The company's operating performance continues to be weak in large
part due to poor execution by management resulting declining same
store sales, margins and earnings," Moody's Senior Analyst Mickey
Chadha stated. "The underperformance has resulted in the weakening
of credit metrics to levels that are not consistent with current
ratings and we do not expect much improvement in the next 12
months" Chadha further stated.

Downgrades:

Issuer: 99 Cents Only Stores LLC

  Probability of Default Rating, Downgraded to B3-PD from B2-PD

  Corporate Family Rating (Local Currency), Downgraded to B3 from
  B2

  Senior Secured Bank Credit Facility (Local Currency),
  Downgraded to B3(LGD3) from B2(LGD3)

  Senior Unsecured Regular Bond/Debenture (Local Currency),
  Downgraded to Caa2(LGD5) from Caa1(LGD5)

Outlook Actions:

Issuer: 99 Cents Only Stores LLC

  Outlook, Changed To Negative From Stable

Ratings Lowered:

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

RATINGS RATIONALE

The B3 Corporate Family Rating reflects 99¢ Only Stores' weak
credit metrics. Metrics have deteriorated significantly in fiscal
2015 and Moody's expects debt/EBITDA (with lease adjustments) to be
remain over 8.0 times for the remainder of fiscal 2015 with a
modest improvement in fiscal 2016 as the company implements a
turnaround strategy which includes improved inventory and shrink
management, lower promotional activity, cost cuts and slower new
store growth thereby lowering capital expenditures. The rating also
considers 99¢ Only Stores geographic concentration in California
where about 72% of its stores are located. Moody's expects the
competitive pressures in California to intensify as both Dollar
General and Dollar Tree (through its acquisition of Family Dollar)
have aggressively entered the California market. The rating also
acknowledges 99¢ Only Stores small scale relative to the other
dollar store chains. The rating is supported by the positive
industry trends of the dollar store sector. Moody's views the
dollar store sector favorably and expects that it will continue to
grow given its low price points and relative resistance to economic
cycles. Although the rating is supported by 99¢ Only Stores
adequate liquidity, the availability under its revolver has
declined due to the increased borrowings used to finance capital
expenditures and working capital. Moody's expects these borrowings
to gradually decline but anticipates that the company will continue
to borrow under the ABL revolver for the next 12 months.

The negative outlook reflects the uncertainty surrounding the
success of management's strategic initiatives to improve earnings
and Moody's expectation that 99¢ Only Stores credit metrics will
remain weak given the sizable amount of debt and the challenges it
faces to improve margins and profitability in its stores especially
in light of the competitive pressures in its primary markets.

The ratings outlook could be stabilized if same store sales trends
improve and margins stabilize such that the resulting improvement
in EBITDA leads to strengthening of credit metrics.

Ratings could be upgraded should 99¢ Only Stores earnings grow
such that debt to EBITDA approaches 6.0 times and EBIT to interest
expense rises above 1.25 times. A ratings upgrade would also
require financial policies, which would support leverage and
coverage remaining at these improved levels.

Ratings could be downgraded should 99¢ Only Stores operating
performance decline or financial policies become more aggressive
such that debt to EBITDA were to be sustained above 7.5 times or
EBIT to interest expense was to remain below 1.0 times. Ratings
could also be downgraded should 99¢ Only Stores fail to maintain
adequate liquidity.

99¢ Only Stores is owned by Ares Management and Canada Pension
Plan Investment Board. The company is a regional dollar store chain
with 389 stores located in California, Arizona, Nevada, and Texas.
Revenues are about $2.0 billion.


ALLIED NEVADA: Brian Tuttle's Bid for Examiner Appointment Denied
-----------------------------------------------------------------
BankrptcyData reported that the U.S. Bankruptcy Court denied the
motion filed by Allied Nevada Gold party-in-interest Brian Tuttle,
seeking the appointment of an examiner with access to and authority
to disclose privileged materials.  

The order stated, "Upon consideration of the motion, the briefs and
the responses and the relief requested therein being a core
proceeding...and upon the record of the hearing and all proceedings
had before the Court; and the Court having considered the legal and
factual bases . . . and after due deliberation and sufficient cause
appearing, it is hereby Ordered that the motion is denied."

As previously reported, the appointment motion had argued, "Under
the Bankruptcy Code the Court may appoint a disinterested person in
Chapter 11 cases for the benefit of the debtor, its creditors and
shareholders to investigate and report issues relevant to the
reorganization.  Where the debtor has more than 5 million of
unsecured bank or bond debt, and a motion has been filed seeking
the appointment of an examiner, the plain terms of the Bankruptcy
Code provide the Court with no choice but to appoint an
examiner.'"

                 About Allied Nevada Gold Corp.

Allied Nevada Gold Corp. (OTCMKTS: ANVGQ), a Delaware corporation,
is a U.S.-based gold and silver producer engaged in mining,
developing and exploring properties in the State of Nevada.  ANV
was spun off from Vista Gold Corp. in 2006 and began operations in
May 2007.  Nevada-based mining properties acquired from Vista
include the Hycroft Mine, an open-pit heap leach operation located
54 miles west of Winnemucca, Nevada.  ANV controls 75 exploration
properties throughout Nevada as of Dec. 31, 2014.

On March 10, 2015, ANV and 13 affiliated debtors each filed a
voluntary petition for relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Lead Case No. 15-10503).  The
cases
are assigned to Judge Mary F. Walrath.

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

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

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

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


ALPHA NATURAL: Anticipates Final Court Approval of DIP Loan
-----------------------------------------------------------
Alpha Natural Resources, Inc. on Sept. 16 disclosed that, based on
a hearing held on Sept. 15, it anticipates a Final Order being
entered by the U.S. Bankruptcy Court for the Eastern District of
Virginia authorizing Alpha to utilize the Debtor-in-Possession
(DIP) financing package the Company secured in connection with its
Chapter 11 filing in early August.

"Finalizing this package with the support of both our secured
lenders and the unsecured Creditors Committee represents a
significant milestone in our restructuring," said Alpha's Chief
Financial and Strategy Officer, Phillip Cavatoni.  "We believe
that, in concert with existing liquidity, this package provides the
financial flexibility needed to navigate the Chapter 11 process."

The 18-month financing package provides for up to approximately
$692 million in financing, and is led by a group composed of the
Company's first and second lien lenders.  Changes made to the
original package were agreed to by all parties and did not affect
the overall financing sought by Alpha.  This expected approval
follows a number of other Final Orders received from the Court in
recent weeks, including the authorization to continue paying
employee wages and benefits.

                      About Alpha Natural

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

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

Judge Kevin R. Huennekens presides over the case.

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

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

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


AMAG PHARMA: Generic Drug Approval No Effect on Moody's B2 CFR
--------------------------------------------------------------
Moody's commented that there is no change to the B2 Corporate
Family Rating or positive outlook of AMAG Pharmaceuticals, Inc.
(AMAG) following the FDA approval of a generic hydroxyprogesterone
caproate. The development is credit negative because the generic
drug has the same active ingredient -- and therefore could
theoretically compete -- with AMAG's key product, Makena. However,
Moody's does not believe that, practically, the drug will exert any
meaningful market share or pricing pressure on AMAG's product over
the rating horizon.



AMERICAN EAGLE ENERGY: To Hire Roberts & Olivia as Special Counsel
------------------------------------------------------------------
American Eagle Energy Corporation and AMZG Inc. ask the U.S.
Bankruptcy Court for the District of Colorado for permission to
employ Roberts & Olivia LLC as their special counsel.

The firm will provide legal advice, representation, and services
related to the Debtors' corporate operations and oil and gas
operation.  The firm has acted as the Debtors' corporate, oil and
gas legal counsel since November 2012.

The Debtors tell the Court that the firm estimated that its total
fees in this matter will not exceed $20,000.  The firm has not
received any retainer in advance of its agreement.

The Debtors assure the Court that the firm is a "disinterested
person" within the meaning of Section 101(14) of the Bankruptcy
Code.

The firm can be reached at:

   Williams R. Roberts, Esq.
   Roberts & Olivia LLC
   2060 Broadway, Suite 250
   Boulder, CO 80302
   Tel: 720.210.5447 ext. 71
   Fax: 720-210-5447
   Email: WRRoberts@wrrlaw.com

                       About American Eagle

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

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

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

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

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


AMERICAN TITLE: Transamerica Dismissed From Beneficiary Suit
------------------------------------------------------------
Judge Philip A. Brimmer of the United States District Court for the
District of Colorado denied the Combined Motion for Partial Summary
Judgment filed by John C. Smiley, Chapter 7 Trustee of the
Bankruptcy Estate of American Title Services Company, and granted
the Motion for Summary Judgment filed by Cheryl Talley.  The Court
also dismissed Transamerica Life Insurance Company from the
action.

Mr. Richard M. Talley committed suicide on February 4, 2014. His
life was insured by a life insurance policy issued by Transamerica.
When Mr. Talley applied for the life insurance policy on February
24, 2004, he listed Ms. Talley on the application as the sole
primary beneficiary. Sometime in 2006, Mr. Talley executed a
"Beneficiary Designation" form designating the debtor as the
primary beneficiary of the policy.  Transamerica effectuated the
change that Mr. Talley requested even though the Beneficiary
Designation form was incomplete since the "Date Signed," "Witness
Signature," and "Address of Witness" lines in the form were left
blank.  On February 3, 2014, the day before his suicide, Mr. Talley
wrote a letter to Transamerica stating, in relevant part: "I
Richard Talley . . . hereby change the beneficiary to Ms. Cheryl
Talley, living at [address], my wife. I [sic] is my desire for this
change to take effect immediately upon execution of this notice."

Transamerica initiated this action on May 19, 2014 by filing a
complaint for interpleader to determine the policy's lawful primary
beneficiary. At the time that it initiated this action,
Transamerica believed that it was subject to multiple claims for
the proceeds and that the primary beneficiary of the proceeds may
be either Ms. Talley, American Title Services Company (the
"debtor"), or the Estate of Richard M. Talley (the "estate").

The Trustee argued that summary judgment is appropriate because
there is no dispute that Mr. Talley's February 3, 2014 letter did
not comply with the requirements of the policy, and that Mr.
Talley's failure of compliance should not be excused under the
equitable doctrine of "substantial compliance" because he did not
do everything within his power to comply with the policy's
requirements.

Ms. Talley argued that she is entitled to summary judgment that she
is the policy's sole beneficiary because Mr. Talley, as the owner
of the policy, was entitled to designate a beneficiary of his
choosing, that Mr. Talley named Ms. Talley as the beneficiary by
providing satisfactory written notice to Transamerica, and that he
possessed the necessary mental capacity to execute the change in
beneficiary.

Transamerica sought discharge from all liability as to the
proceeds, an injunction prohibiting defendants from bringing suit
against Transamerica related to the policy or the proceeds, and
dismissal from the lawsuit with prejudice.

Judge Brimmer held that the Trustee is not entitled to summary
judgment on the grounds that Mr. Talley failed to comply with the
requirements of the policy, because he did comply with the
requirements of the policy. He further held that that summary
judgment is appropriate on Ms. Talley's first cross-claim for
declaratory judgment that she is the proper beneficiary of the
policy.

As no party objected to Transamerica's dismissal from the action,
and since the Court found that Transamerica had properly invoked
interpleader, Judge Brimmer granted the remainder of the relief
requested by Transamerica. Transamerica was dismissed with
prejudice from the action and the parties were realigned, with Ms.
Talley as the plaintiff and the Trustee and the estate as
defendants.

The case is TRANSAMERICA LIFE INSURANCE COMPANY, as successor in
interest to Transamerica Occidental Life Insurance Company,
Plaintiff, v. CHERYL LYNN TALLEY, individually, THE ESTATE OF
RICHARD M. TALLEY, a Colorado decedent, and JOHN C. SMILEY, Chapter
7 Trustee of the Bankruptcy Estate of AMERICAN TITLE SERVICES
COMPANY, a Colorado company, Defendants, CIVIL ACTION NO.
14-CV-01412-PAB-CBS.

A full-text copy of Judge Brimmer's Order dated August 31, 2015, is
available at http://is.gd/rVOCgefrom Leagle.com.

Cheryl Lynn Talley is represented by:

          Lee Moss Kutner, Esq.
          Keri Lynn Riley, Esq.
          KUTNER BRINEN GARBER, PC
          1660 Lincoln St., Suite 1850
          Denver, CO 80264
          Telephone: (303)832-2400
          Email: lmk@kutnerlaw.com
                 klr@kutnerlaw.com

The Estate of Richard M. Talley, a Colorado decedent, and John C.
Smiley, Chapter 7 Trustee, are represented by:

          Theodore James Hartl, Esq.
          Stephanie Kanan, Esq.
          LINDQUIST & VENNUM, PLLP
          600 17th Street
          Suite 1800 South
          Denver, CO 80202
          Telephone: (303)573-5900
          Facsimile: (303)573-1956
          Email: skanan@lindquist.com

             -- and --

          Gregory Bruce Washington, Esq.
          WADE ASH WOODS HILL & FARLEY, P.C.
          Cherry Creek Corporate Center
          4500 Cherry Creek Drive South, Suite 600
          Denver, CO 80246
          Telephone: (303)322-8943
          Email: gwashington@wadeash.com

                About American Title Services

American Title Service Company, based in Denver, Colorado, filed
for Chapter 11 bankruptcy (Bankr. D. Colo. Case No. 14-12894) on
March 12, 2014.  Judge Sidney B. Brooks presides over the
bankruptcy case.  Steven R. Rider, Esq., at Block Markus Williams,
serves as the Debtor's counsel.  In its petition, the Debtor
estimated $1 million to $10 million in both assets and
liabilities.  The petition was signed by Thomas M. Kim, chief
wind-down manager.


AMPAL-AMERICAN: Court Grants MAG Summary Judgment Against Ex-CEO
----------------------------------------------------------------
Judge Stuart M. Bernstein of the United States Bankruptcy Court for
the Southern District of New York, granted Merhav Ampal Group,
Ltd.'s motion for summary judgment.

MAG, an indirect wholly-owned subsidiary of the debtor,
Ampal-American Israel Corporation ("Ampal"), commenced an action
against the Defendants Yosef A. Maiman, the Chairman and former
Chief Executive Officer and President of Ampal, and Merhav (M.N.F.)
Limited ("MNF"), an entity controlled by Maiman, to collect on a
$20 million note executed in favor of Ampal by MNF, personally
guaranteed by Maiman, and later assigned to MAG. MAG moved for
summary judgment against the defendants based on MNF's default.
Maiman and MNF opposed the motion on grounds that the tortious
conduct of certain of Ampal's bondholders frustrated the
performance of the Note and that Ampal failed to stop the
bondholders. In addition, the Court raised the issue, sua sponte,
of its subject matter jurisdiction over an action commenced by a
non-debtor subsidiary to collect a debt from other non-debtors.

Judge Bernstein held that the Court has "related to" jurisdiction,
and can enter a final judgment in light of the parties' express
consent.  He further held that MAG has established a prima facie
case for breach of the 2008 Note and Guaranty, and in fact, the
Defendants do not dispute its prima facie case.  Judge Bernstein
contended that the evidence shows the execution of the 2008 Note
and Guaranty, and despite due demand, MNF's failure to pay the 2008
Note and Maiman's failure to honor the Guaranty.  He further
contended that the burden shifted to the Defendants to show a
triable issue relating to a bona fide defense, however, the
Defendants were unable to do so.

The case is In re: AMPAL-AMERICAN ISRAEL CORP., Chapter 7, Debtor,
NO. 12-13689 (SMB)(Bankr. S.D.N.Y.).

The adversary proceeding is MERHAV AMPAL GROUP, LTD. f/k/a
MERHAV-AMPAL ENERGY, LTD., Plaintiff, v. MERHAV (M.N.F.) LIMITED
and YOSEF A. MAIMAN, Defendants, ADV. PROC. NO. 14-02385
(SMB)(Bankr. S.D.N.Y.).

A full-text copy of Judge Bernstein's Opinion Granting Plaintiff's
Motion For Summary Judgment dated September 2, 2015, is available
at http://is.gd/5o1qAnfrom Leagle.com.

Merhav Ampal Group, Ltd. fka Merhav-Ampal Energy, Ltd., is
represented by:

          John P. Campo, Esq.
          David Dantzler, Jr., Esq.
          John S. Kinzey, Esq.
          TROUTMAN SANDERS LLP
          875 Third Avenue
          New York, NY 10022
          Telephone: (212)704-6000
          Email: john.campo@troutmansanders.com
                 david.dantzler@troutmansanders.com
                 john.kinzey@troutmansanders.com

Merhav (M.N.F.) Limited, is represented by:

          Paul Nii-Amar Amamoo, Esq.
          Daniel A. Fliman, Esq.
          David M. Friedman, Esq.
          KASOWITZ, BENSON, TORRES & FRIEDMAN, LLP
          1633 Broadway
          New York, NY 10019
          Telephone: (212)506-1700
          Facsimile: (212)506-1800
          Email: namamoo@kasowitz.com
                 dfliman@kasowitz.com
                 dfriedman@kasowitz.com

Ofer Shapira is represented by:

          Sean E. O'Donnell
          AKIN, GUMP, STRAUSS,
          HAUER & FELD, LLP
          One Bryant Park
          Bank of America Tower
          New York, NY 10036-6745
          Telephone: (212)872-1000
          Facsimile: (212)872-1002
          Email: sodonnell@akingump.com

About Ampal-American Israel Corp.

Ampal-American Israel Corporation -- http://www.ampal.com/--    
acquired interests primarily in businesses located in Israel or
that are Israel-related.  Ampal-American filed a Chapter 11
petition (Bankr. S.D.N.Y. Case No. 12-13689) on Aug. 29, 2012, to
restructure the Company's Series A, Series B and Series C
debentures.  Bankruptcy Judge Stuart M. Bernstein presides over
the case.  Ampal-American sought bankruptcy protection in the U.S.
because bankruptcy laws in Israel would lead to the Company's
liquidation.

Michelle McMahon, Esq., at Bryan Cave LLP, serves as the Debtor's
counsel.  Houlihan Lokey serves as investment banker.

The petition was signed by Irit Eluz, chief financial officer,
senior vice president.  The Company scheduled $290,664,095 in
total assets and $349,413,858 in total liabilities.

A three-member official committee of unsecured creditors is
represented by Brown Rudnick as counsel.

In May 2013, the Bankruptcy Court converted Ampal's Chapter 11
bankruptcy to a Chapter 7 liquidation after determining that the
energy investment holding company does not have sufficient cash to
execute a reorganization plan.


AMPLIPHI BIOSCIENCES: Wendy Johnson to Serve as Interim COO
-----------------------------------------------------------
AmpliPhi Biosciences Corporation entered into a consulting
agreement with Wendy S. Johnson, pursuant to which Ms. Johnson will
serve as interim chief operating officer of the Company.

The Consulting Agreement is deemed effective as of July 1, 2015,
and supersedes the prior Interim Chief Operating Officer Agreement,
dated Sept. 18, 2014, as amended on Jan. 11, 2015.

Under the Consulting Agreement, Ms. Johnson will continue to serve
as the Company's chief operating officer and will receive
compensation in an amount equal to $25,000 per month through June
30, 2016.  Ms. Johnson will also be eligible for cash payments up
to an aggregate of $200,000 upon achievement of certain Company
milestones.

In addition, the Company will grant Ms. Johnson a stock option to
purchase the number of shares of common stock of the Company equal
to 0.5% of the total number of outstanding shares of common stock
of the Company as of the effective date.  The options will be
subject to time- and performance-based vesting.

The Consulting Agreement will terminate on July 1, 2016, unless
extended upon mutual written agreement of the parties, or
terminated by the Company or by Ms. Johnson as provided by the
Consulting Agreement.  The Consulting Agreement provides that
either party may terminate the Consulting Agreement immediately if
the either party refuses to or is unable to perform the services or
is in breach of the Consulting Agreement.  In addition, Ms. Johnson
may terminate the agreement without cause upon at least 45 days'
written notice to the Company, and the Company may terminate the
agreement without cause upon at least 90 days' prior written notice
to Ms. Johnson, provided that no such termination by the Company
will be effective prior to March 31, 2016.

                          About AmpliPhi

AmpliPhi Biosciences Corp. is a biopharmaceutical company that
develops bacteriophage-based therapeutics.  It also develops an
internally generated pipeline of naturally occurring viruses
called bacteriophage (Phage) for the treatment of bacterial
infection, such as drug-resistant strains of bacteria that are
commonly found in the hospital setting.  The company's Phage
discovery also focuses on acute & chronic lung, sinus and
gastrointestinal infections.  AmpliPhi Biosciences was founded in
March 1989 and is headquartered in Glen Allen, Virginia.

The Company reported net income attributable to common stockholders
of $21.82 million for the year ended Dec. 31, 2014, compared to a
net loss attributable to common stockholders of $65.2 million for
the year ended Dec. 31, 2013.

As of June 30, 2015, the Company had $36.3 million in total assets,
$19.2 million in total liabilities, $4 million in series B
redeemable convertible preferred stock, and total stockholders'
equity of $13 million.


ANNA'S LINENS: Court Approves Hiring of BDO as Accountant
---------------------------------------------------------
Anna's Linens, Inc. sought and obtained permission from the Hon.
Theodor C. Albert of the U.S. Bankruptcy Court for the Central
District of California to employ BDO USA, LLP as accountant and tax
consultant, effective July 14, 2015.

The Debtor requires BDO to:

   (a) prepare the Debtor's federal, state and local income tax
       returns with supporting schedules for 2014 and 2015
       (the "Tax Returns");

   (b) assist the Debtor in responding to tax notices as received,

       if any, from various state and local tax authorities
       regarding income tax, sales tax, employment tax, or other
       tax matters (the "State Notices").

With respect to preparation of the 2014 and 2015 Income Tax
Returns, BDO seeks to be compensated a flat fee of $35,000.

For work performed in assisting the Debtor in connection with the
State Notices, BDO will be paid at these hourly rates:

       Staff                   $175
       Senior Associate        $250
       Manager                 $350
       Senior Manager          $425
       Partner                 $600

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

On the Petition Date, BDO had a claim against the Debtor's estate
in the amount of $143,300 for fees incurred prior to the Petition
Date related to the performance of assurance services to audit the
Debtor's 2014 financial statements and preliminary tax services
provided to start preparation of the Debtor's 2014 income tax
returns. However, BDO has agreed to waive its pre-petition claim in
the amount of $143,300.

David Des Roches, partner of BDO, 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.

BDO can be reached at:

       David Des Roches
       BDO USA, LLP
       3200 Bristol St., 4th Flr.
       Costa Mesa, CA 92626
       Tel: (714) 668-7372
       E-mail: ddesroches@bdo.com

                        About Anna's Linens

Anna's Linens is a specialty retailer offering home textiles,
furnishings and decor at attractive prices.  Headquartered in
Costa Mesa, California, operates a chain of 268 company owned
retail stores throughout 19 states in the United States (including
Puerto Rico and Washington, D.C.) generates over $300 million in
annual revenue and employs a workforce of over 2,500 associates.

Anna's Linens sought Chapter 11 bankruptcy protection (Bankr. C.D.
Cal. Case No. 15-13008) in Santa Ana, California, on June 14,
2015.

The case is assigned to Judge Theodor Albert.  The Debtor tapped
Levene, Neale, Bender, Yoo & Brill LLP as counsel.  The Debtor
estimated assets of $50 million to $100 million and debt of $100
million to $500 million.

The U.S. trustee overseeing the Chapter 11 case of Anna's Linens
Inc. appointed seven creditors to serve on the official committee
of unsecured creditors.


ANNA'S LINENS: Court Okays Hiring of RCS as Real Estate Consultant
------------------------------------------------------------------
Anna's Linens, Inc. sought and obtained permission from the Hon.
Theodor C. Albert of the U.S. Bankruptcy Court for the Central
District of California to employ Retail Consulting Services, Inc.
dba RCS Real Estate Advisors as exclusive real estate consultant,
effective Sep. 1, 2015.

The Debtor requires RCS to:

   (a) prepare a Lease Portfolio Book organized by store showing
       (i) current lease terms, (ii) sales, (iii) profits, and
       (iv) occupancy cost and store contribution percentages
       relative to sales;

   (b) undertake an in-depth analysis of all lease real estate
       assets;

   (c) attend and participate in all Court hearings, Creditors'
       Committee meetings, and meetings with Debtor and Debtor's
       Counsel when requested to do so by the Debtor;

   (d) coordinate all real estate matters with Debtor, Debtor's
       Counsel and all other interested parties with respect to
       the Real Estate Action Plan, progress and ongoing
       modifications to said plan; and

   (e) offer properties for disposition on terms and conditions    

       established by the Debtor, with the Debtor retaining the
       complete discretion and authority to accept or reject any
       offer.

RCS will be paid the following Fee Structure:

    -- Engagement Fee in the amount of $30,000 shall be paid (i)
       50% upon entry of the Bankruptcy Court order approving the
       Debtor's retention of RCS, and (ii) 50% on the earlier of
       the closing of a transaction that results in the
       disposition of all of the Disposition Properties or
       September 15, 2015.

    -- Transaction Fee shall be paid as a commission upon closing
       of a transaction that disposes of any or all of the
       Disposition Properties, whether by assignment to a third
       party or surrender to the respective landlords on terms and

       conditions satisfactory to the Debtor.

RCS will be paid at these hourly rates for additional services that
are beyond the scope of the letter agreement:

       President                     $750
       Senior Vice President         $650
       Vice President                $550
       Paralegal                     $375
       Administrators                $250

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

Ivan L. Friedman, president of RCS, 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.

RCS can be reached at:

       Ivan L. Friedman
       RCS REAL ESTATE ADVISORS
       450 West 34th Street
       New York, NY 10001
       Tel: (212) 239-1100
       Fax: (212) 268-5484

                        About Anna's Linens

Anna's Linens is a specialty retailer offering home textiles,
furnishings and decor at attractive prices.  Headquartered in
Costa Mesa, California, operates a chain of 268 company owned
retail stores throughout 19 states in the United States (including
Puerto Rico and Washington, D.C.) generates over $300 million in
annual revenue and employs a workforce of over 2,500 associates.

Anna's Linens sought Chapter 11 bankruptcy protection (Bankr. C.D.
Cal. Case No. 15-13008) in Santa Ana, California, on June 14,
2015.

The case is assigned to Judge Theodor Albert.  The Debtor tapped
Levene, Neale, Bender, Yoo & Brill LLP as counsel.  The Debtor
estimated assets of $50 million to $100 million and debt of $100
million to $500 million.

The U.S. trustee overseeing the Chapter 11 case of Anna's Linens
Inc. appointed seven creditors to serve on the official committee
of unsecured creditors.



APARTMENTS AND ACQUISTIONS: Case Summary & 4 Top Unsec Creditors
----------------------------------------------------------------
Debtor: Apartments And Acquistions L.P.
           aka Apartments & Acquistions L.P.
           aka Apartments And Acquistions LLP
           aka Houseflex LLC Result Of Merger 9/15/15
           aka Jamilie LLC (As Result Of Merger 9/15/15
        147 S. Maple Street
        Mount Carmel, PA 17851

Case No.: 15-03964

Chapter 11 Petition Date: September 16, 2015

Court: United States Bankruptcy Court
       Middle District of Pennsylvania (Williamsport)

Judge: Hon. John J Thomas

Debtor's Counsel: Michael J McCrystal, Esq.
                  MCCRYSTAL LAW OFFICES
                  2355 Old Post Road, Suite 4
                  Coplay, PA 18037
                  Tel: 610 262-7873
                  Fax: 610 262-2219
                  Email: mccrystallaw@gmail.com

Total Assets: $512,000

Total Liabilities: $42,667

The petition was signed by George Atiyeh, controlling general
partner.

A list of the Debtor's four largest unsecured creditors is
available for free at http://bankrupt.com/misc/pamb15-03964.pdf


ARAMID ENTERTAINMENT: No Objections Against Asset Sale
------------------------------------------------------
Aramid Entertainment Fund Limited, together with its debtor
affiliates, filed a certificate of no objection with the United
States Bankruptcy Court for the Southern District of New York to
certify that there has been no objections or other responsive
pleadings to the motion to conduct a Private Uniform Commercial
Code Forclosure Sale.

The Debtors have entered into an asset purchase agreement to
monetize their security interests in most of the motion pictures
that were previously subject to the Seer transaction.  In
consideration for the transfer, delivery, assignment and conveyance
of the Acquired assets, Content will pay $5,500,000 minus (i)
$768,827 allocated to the Guild APA and (ii) subject to adjustments
set forth in the APA, all cash received by the Obligors from the
Acquired Assets on or after February 28, 2015.

Kurt F. Gwynne , Esq., at Reed Smith LLP, in New York, and Geoffrey
Varga, one of the joint voluntary liquidators of the Debtors'
Chapter 11 cases, filed their declaration of support to the
Debtors' sale motion.

The Debtors are represented by:

         James C. McCaroll, Esq.
         Jordan W. Siev, Esq.
         Kurt F. Gwynne, P.C., Esq.
         REED SMITH LLP
         599 Lexington Ave
         New York, New York 10022
         Tel: (212) 521-5400
         Fax: (212) 521-5450
         Email: jmccaroll@reedsmith.com
                jsiev@reedsmith.com
                kgwynne@reedsmith.com

                   About Aramid Entertainment

Aramid Entertainment Fund Limited has been engaged in the
businesses of providing short and medium term liquidity to
producers and distributors of film, television and other media and
entertainment content by way of loans and equity investments.

On May 7, 2014, Geoffrey Varga and Jess Shakespeare of Kinetic
Partners (Cayman) Limited were appointed under Cayman law as the
joint voluntary liquidators ("JVLs") of AEF and two affiliates.

On June 13, 2014, the JVLs authorized AEF and two affiliates to
file for Chapter 11 bankruptcy protection (Bankr. S.D.N.Y. Lead
Case No. 14-11802) in Manhattan on June 13, 2014.

The Debtors have tapped James C. McCarroll, Esq., Jordan W. Siev,
Esq., Richard A. Robinson, Esq., and Michael J. Venditto, Esq. of
Reed Smith, LLP, in New York, as counsel and Kinetic Partners
(Cayman) Limited as crisis managers.

AEF estimated at least $100 million in assets and between $10
million to $50 million in liabilities.


ARCH COAL: Wyoming State Completes Review of Permits
----------------------------------------------------
The Wyoming Department of Environmental Quality notified Arch Coal,
Inc. through its applicable subsidiaries that the state has
completed its review of self-bonding applications related to two
permits that were under renewal and reaffirmed self-bonding
eligibility for both permits.  In addition, Arch's other permits in
the state continue to qualify for self-bonding.

Federal and state laws require Arch Coal to obtain surety bonds or
post letters of credit to secure performance or payment of certain
long-term obligations, such as mine closure or reclamation costs.
The Company uses self-bonding to secure performance of certain
obligations in Wyoming.  Self-bonding commits the Company to pay
directly for reclamation costs rather than obtaining a traditional
surety bond.  As of June 30, 2015, the Company has self-bonded an
aggregate of approximately $457 million in the State of Wyoming.
The Land Quality Division of the Wyoming Department of
Environmental Quality periodically re-evaluates the amount of the
bond, so the current amount is subject to increase.  The Wyoming
Department of Environmental Quality indicated to Arch that it will
continue to monitor the Company's performance and could re-evaluate
its renewal of its eligibility at any time.

The Company gives no assurance that the amount of its self-bonding
obligations will not be increased or that the Company will continue
to qualify to self-bond.  To the extent the Company is unable to
maintain its current level of self-bonding, due to legislative or
regulatory changes or changes in its financial condition, its costs
would increase and it could have a material adverse effect on its
financial condition and results of operations.

                          About Arch Coal

Arch Coal, Inc.'s primary business is the production of thermal and
metallurgical coal from surface and underground mines located
throughout the United States, for sale to utility, industrial and
steel producers both in the United States and around the world. The
Company currently operates mining complexes in West Virginia,
Maryland, Virginia, Illinois, Wyoming and Colorado.

Arch Coal reported a net loss of $558.3 million in 2014, a net loss
of $641.8 million in 2013 and a net loss of $683.7 million in 2012.
As of June 30, 2015, the Company had $8 billion in total assets,
$6.6 billion in total liabilities and $1.4 billion in total
stockholders' equity.

                            *     *     *

The Troubled Company Reporter, on July 8, 2015, reported that
Fitch Ratings has downgraded the Issuer Default Rating of Arch
Coal, Inc. to 'C' from 'CCC'.  The downgrade follows Arch Coal's
announcements of exchange offers which Fitch considers Distressed
Debt Exchanges in accordance with Fitch's Distressed Debt Exchange
criteria.

The TCR, on May 6, 2015, reported that Moody's Investors Service
downgraded the corporate family rating of Arch Coal, Inc to Caa3
from Caa1 and the probability default rating to Caa3-PD from
Caa1-PD.  The downgrade follows the continued stress on the coal
sector, and the resulting deterioration in the company's credit
metrics.  At the same time, Moody's downgraded the ratings on the
senior secured term loan and bank revolving facility to Caa1 from
B2, the second lien notes to Caa3 from Caa1, and all unsecured
notes to Ca, from Caa2.  Moody's also affirmed the Speculative
Grade Liquidity rating of SGL-3.  The outlook is negative.

As reported by the TCR on July 9, 2015, Standard & Poor's Ratings
Services said it lowered its corporate credit rating on St.
Louis-based Arch Coal Inc. to 'CC' from 'CCC+'.  Standard & Poor's
Ratings Services said it lowered its corporate credit rating on St.
Louis-based Arch Coal Inc. to 'CC' from 'CCC+'.  The rating action
reflects Arch Coal's July 3, 2015, announcement of a private debt
exchange offer for its senior unsecured debt.


ASPEN GROUP: Incurs $718,700 Net Loss in Fiscal First Quarter
-------------------------------------------------------------
Aspen Group, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $718,706 on $1.7 million of revenues for the three months ended
July 31, 2015, compared to a net loss of $864,261 on $1.16 million
of revenues for the same period in 2014.

As of July 31, 2015, the Company had $5.6 million in total assets,
$3.6 million in total liabilities and $1.9 million in total
stockholders' equity.

At July 31, 2015, the Company had a cash balance of approximately
$2.8 million which includes $1.1 million of restricted cash.  In
April 2015, the Company offered a warrant conversion, through which
the Company issued 14,747,116 shares, raising $2,268,670.  In
fiscal 2015, the Company completed an equity financing of
$5,547,826.  With the additional cash raised in the financing, the
growth in the Company revenues and improving operating margins, the
Company believes that it has sufficient cash to allow the Company
to implement its long-term business plan.

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

                        http://is.gd/ytkvQO

                         About Aspen Group

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

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

Aspen Group reported a net loss of $4.2 million on $5.2 million of
revenues for the year ended April 30, 2015, compared to a net loss
of $5.3 million on $3.9 million of revenues for the year ended
April 30, 2014.


ATP OIL: Harvey Gulf's Statutory Liens Not Senior Prior Liens
-------------------------------------------------------------
Judge Marvin Isgur of the United States Bankruptcy Court for the
Southern District of Texas, Houston Division, granted Bennu Oil &
Gas, LLC's motion for statutory judgment.

From May 31, 2009 until April 7, 2012, Harvey Gulf provided towing
and transportation services for ATP Oil & Gas Corporation in
connection with certain federal oil and gas lease blocks on the
Outer Continental Shelf—Gulf of Mexico (collectively, the "OCS
Leases").

On October 1, 2009, ATP entered into a Conveyance of Overriding
Royalty Interest agreement ("ORRI") affecting the Subject
Interests, including but not limited to the Telemark property.
Harvey Gulf and ATP also executed a Farmout Agreement in favor of
Harvey Gulf, which was specifically referred to and incorporated
into the ORRI agreement. The Farmout Agreement does not grant a
lien but it recognizes the possible existence of lien rights under
applicable law. The parties agree that the relevant "applicable
law" is the Louisiana Oil Well Lien Act (LOWLA).

There was a 352 day gap in Harvey Gulf's services on the Telemark
property from April 29, 2010 to April 16, 2011. Harvey Gulf resumed
its services for ATP on April 16, 2011 and continued through April
7, 2012.  ATP failed to pay Harvey Gulf for services it provided on
the OCS Leases from February 14, 2012 to April 7, 2012. The
aggregate principal amount owed for these unpaid services totals
$2,885,133.50. Consequently, on July 30, 2012, Harvey Gulf recorded
a lien pursuant to the LOWLA in Plaquemines Parish, Louisiana. In
September of 2012, Harvey Gulf recorded its lien in several other
parishes in Louisiana and certain counties in Mississippi.

On April 23, 2010, ATP issued and sold $1.5 billion of senior
second lien notes, pursuant to an Indenture between ATP and the
Bank of New York Mellon (BNY), as Trustee. ATP executed a mortgage,
security agreement, fixture filing, and assignment of production in
favor of BNY, which was recorded in the mortgage records of
Plaquemines Parish, Louisiana on May 3, 2010.

On June 18, 2010, ATP entered into a credit agreement with Credit
Suisse as administrative and collateral agent, which provided for
initial term loans of $150 million. ATP executed a mortgage,
security agreement, fixture filing, and assignment of production in
certain interests to Credit Suisse which included the OCS Leases.
This credit agreement was recorded in the mortgage records of
Plaquemines Parish, Louisiana on June 21, 2010. Pursuant to
agreement among, inter alia, ATP, BNY and Credit Suisse, the liens
and mortgages granted under the BNY Mortgage were subordinated to
the liens and mortgages granted under the Credit Suisse Mortgage.

BNY and Credit Suisse executed subordination agreements under which
the mortgages and liens granted in favor of BNY and Credit Suisse
were subordinated in order to allow for the conveyance of the ORRI
interests to Harvey Gulf. The Act of Subordination of Lien states
that Credit Suisse "does hereby agree that the lien, security
interest and other rights created by the Collateral Documents
against the Subject Properties shall be hereby made subordinate,
subject and inferior to the rights of [Harvey Gulf] as to the
Subject Properties under the Conveyance up to the Aggregate Amount"
of $20,000,000. Further, this document references the farmout
agreement between Harvey Gulf and ATP.

On January 17, 2012 ATP filed for Chapter 11. On September 20, 2012
the Court entered a final debtor in possession order, which granted
liens and adequate protection. The DIP order established June 21,
2010 as the senior lien cutoff date and enabled ATP to obtain
financing by granting DIP liens on most of its interests including
the OCS Leases.

Pursuant to the sale to Bennu, ATP and Credit Suisse (as DIP
Agent)—who designated Bennu as purchaser of the Purchased Assets
via credit bid of Credit Suisse's liens—executed an Asset
Purchase Agreement which provides that Credit Suisse would pay
"$55,000,000.00 in cash to satisfy legitimate Liens on Assets that
are ranked senior to the DIP Claims..."

On October 17, 2013 the Court entered a final sale order approving
the sale of certain of ATP's assets free and clear of claims and
liens to Bennu and confirming that "[t]he Purchase Price will
include (i) cash in the amount of $55,000,000.00 to fund an escrow
for the purpose of satisfying legitimate liens on the Purchased
Assets that rank senior in priority to the liens securing the DIP
Claims (the "Senior Liens")." The final sale order allowed the sale
of the OCS Leases and approved Bennu's assumption and assignment of
contracts and leases from ATP.

On September 14, 2012, Harvey Gulf filed its Notice of Perfection,
Continuation, or Maintenance of Liens in ATP's bankruptcy cas and
filed its Original Lien Identification Statement on February 11,
2013. The original statement listed May 30, 2011 as the relation
back date for the start of services provided by Harvey Gulf to ATP.


On February 15, 2013, Harvey Gulf filed its Supplemental Lien
Identification Statement, which did not change the relation back
date. However, on July 30, 2014, Harvey Gulf filed its Amended Lien
Identification Statement which listed May 31, 2009 as the lien
inception date for services provided by Harvey Gulf to ATP between
February 14, 2012 and April 7, 2012. Accordingly, Harvey Gulf
sought to establish that its lien is a Senior Prior Lien subject to
payment from the lienholders' escrow under the APA and final sale
order.

Pursuant to the sale agreement, Bennu substituted for ATP and
Credit Suisse in the  dispute on June 9, 2014. Bennu filed its
motion seeking summary judgment against Harvey Gulf, asserting that
Harvey Gulf's lien is not a Senior Prior Lien because it cannot
relate back to a date before the June 21, 2010 senior lien cutoff
date.

Judge Isgur relates that the decisive issue before the Court is
whether Harvey Gulf held a lien for work performed during 2012, to
which Credit Suisse subordinated its lien rights. Judge Isgur notes
that Credit Suisse only subordinated to valid liens, and only to
specified liens then in existence. He adds that if Harvey Gulf's
LOWLA lien does relate back to 2009, then the 2012 work would be
protected by the subordination agreement, and that if the lien does
not relate back to 2009, then the 2012 work would not be protected
by the subordination agreement. Judge Isgur asserts that because
the lien does not relate back, Harvey Gulf may not prevail against
Credit Suisse's successor, Bennu.

Judge Isgur held that Harvey Gulf's alleged statutory liens do not
constitute Senior Prior Liens under the relevant sale documents and
Orders.

The bankruptcy case is IN RE: ATP OIL & GAS CORPORATION, Chapter 7,
Debtor(s), CASE NO. 12-36187 (Bankr. S.D. Tex.).

The adversary case is HARVEY GULF INTERNATIONAL MARINE INC.,
Plaintiff(s). v. ATP OIL & GAS CORPORATION, et al, Defendant(s),
ADVERSARY NO. 13-03244 (Bankr. S.D. Tex.).

A full-text copy of Judge Isgur's Memorandum Opinion dated August
25, 2015 is available at http://is.gd/B65yicfrom Leagle.com.

Harvey Gulf International Marine Inc. is represented by:

          Robin B. Cheatham, Esq.
          Scott Robert Cheatham, Esq.
          ADAMS REESE LLP
          One Shell Square
          701 Poydras Street, Suite 4500
          New Orleans, LA 70139
          Telephone: (504)581-3234
          Facsimile: (504)566-0210
          Email: robin.cheatham@arlaw.com
                 scott.cheatham@arlaw.com

Bennu Oil & Gas, LLC is represented by:

          Sean B. Davis, Esq.
          WINSTEAD PC
          1100 JPMorgan Chase Tower
          600 Travis Street
          Houston, TX 77002
          Telephone: (713)650-8400
          Facsimile: (713)650-2400
          Email: sbdavis@winstead.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.

Judge Marvin Isgur of the U.S. Bankruptcy Court for the Southern
District of Texas, Houston Division, issued an order on June 26,
2014, converting ATP Oil & Gas Corporation's Chapter 11 case to one
under Chapter 7 of the Bankruptcy Code.


AVIS BUDGET: Fitch Affirms 'BB-' IDR Then Withdraws Rating
----------------------------------------------------------
Fitch Ratings has affirmed the long-term Issuer Default Ratings
(IDR) and debt ratings of Avis Budget Group, Inc. (ABG) and its
various Fitch-rated subsidiaries.  Fitch has simultaneously
withdrawn the ratings for commercial reasons.

KEY RATING DRIVERS

DRS AND SENIOR DEBT

ABG's ratings are supported by the strength of its brand and
franchise, its leading position as a global rental car company, and
solid operating performance given incremental corporate EBITDA
generation.  ABG's liquidity profile is considered appropriate for
its ratings given its consistent operating cash flow generation, as
well as its favorable access to the capital markets.

The ratings are constrained by the cyclical nature and the
susceptibility of the business to the overall economy and to
potential slowdowns in travel volumes.  While ABG remains subject
to pricing pressures and passenger volumes in air travel, Fitch
believes the company is better positioned since the crisis to
manage cyclical downturns and maintain profitability.  This is due
to improvements in supplier and revenue diversity, operating
leverage, and liquidity and funding, counterbalanced by the
continued reliance on secured, wholesale funding sources, as well
as exposure to residual value risk.

Top line revenues were relatively flat year-over-year during the
six-months of 2015 (6M15), which amounted to $4 billion in 6M15
compared to $4.1 billion one-year prior.  The modest decline was a
result of approximately $206 million, or 5% negative impact from
currency exchange movements, largely offset by a 6% increase in
total rental days driven by ABG's recent acquisition activity.
Revenue growth for full-year 2015 is expected to be driven by
increased volumes from organic growth and recent acquisitions, as
well as improved margins from ancillary revenue generation.
Adjusted EBITDA growth is expected to be driven by increased
volumes and fleet utilization, as well as improved operational
efficiencies.  For full year 2015, ABG projects top line revenue
and adjusted EBITDA growth of up to 2% and 5%, respectively.  Fitch
believes ABG's targets are achievable given management's prior
track record of realizing its financial targets.

Fitch believes ABG has appropriate liquidity, given its available
balance sheet cash and operating cash flow generation.  In
addition, the company continues to expand available borrowing
capacity and lower its overall cost of funds to its funding
facilities, which are both viewed positively.  As of June 30, 2015,
ABG had $529 million of unrestricted cash and generated annualized
cash flow from operations of approximately $2 billion. In addition,
the company had approximately $750 million available under its
corporate credit facilities and $2.2 billion under its
vehicle-backed facilities.  Secured debt continues to represent a
significant portion of ABG's overall funding, which amounted to
approximately 82% of long-term debt.  An increase in unsecured debt
funding would add additional financial flexibility in times of
market stress.

In assessing overall leverage, Fitch focuses primarily on cash flow
leverage, defined as corporate debt to adjusted EBITDA.  As of June
30, 2015, corporate debt to annualized adjusted EBITDA was 3.99x,
which is below the five-year average of 4.70x.  ABG assesses
leverage net of balance sheet cash, which amounted to 3.40x as of
the same period, consistent with its articulated target of between
3x and 4x.  Leverage was bolstered by incremental earnings
generated by increased rental volume and improved operational
efficiency.  Fitch expects net corporate leverage will remain
within ABG's articulated range over the medium to longer term.

Fitch affirmed ABG's senior secured debt at 'BBB-', which maintains
the three notch uplift from the IDR assigned to Avis Budget Car
Rental, LLC (ABCR), and reflects the outstanding recovery prospects
in a stressed scenario based upon collateral coverage for the term
loan and revolving credit facility (together, the senior credit
facility).  The senior credit facility is secured by pledges of
capital stock of certain of ABG's subsidiaries and liens on
substantially all of the company's intellectual property and other
real and personal property.

Fitch affirmed ABG's senior unsecured debt at 'BB-', which
maintains the equalization of the senior unsecured debt with the
IDRs assigned to ABCR and Avis Budget Finance PLC (ABF) and
reflects the average recovery prospects based upon the level of
available unencumbered assets available to unsecured debt holders
in a stressed scenario.

SUBSIDIARY AND AFFILIATED COMPANY

ABCR and ABF are wholly-owned subsidiaries of ABG.  The ratings
assigned to the two entities are aligned with that of ABG because
of the unconditional guarantee provided by ABG and its various
subsidiaries.  Therefore, the ratings assigned to the two entities
are sensitive to the same factors that might drive a change in
ABG's IDR.

RATING SENSITIVITIES

Not applicable.

Fitch has affirmed and withdrawn these ratings for ABG and its
various Fitch-rated subsidiaries:

Avis Budget Group, Inc.
   -- Long-term IDR at 'BB-'.

Avis Budget Car Rental, LLC
   -- Long-term IDR at 'BB-';
   -- Senior secured term loan at 'BBB-';
   -- Revolving credit facility at 'BBB-';
   -- Senior unsecured debt at 'BB-'.

Avis Budget Finance PLC
   -- Long-term IDR at 'BB-';
   -- Senior unsecured debt at 'BB-'.



BAHA MAR: CCA Bahamas Comments on Chapter 11 Case Memorandum
------------------------------------------------------------
CCA Bahamas Ltd., a wholly owned indirect subsidiary of China State
Construction Engineering Corporation Limited and the construction
manager/general contractor for the $3.5 billion Baha Mar resort
project, on Sept. 16 issued the following statement in response to
The United States Bankruptcy Court for the District of Delaware's
memorandum regarding motions to dismiss Baha Mar Ltd.'s Chapter 11
cases.

"CCA Bahamas welcomes Judge Kevin Carey's ruling to dismiss the
vast majority of Baha Mar Ltd.'s Chapter 11 cases and supports the
Court's decision that issues concerning the Baha Mar Resort Project
are best resolved within The Bahamas.  This decision protects the
interests of all principal stakeholders and provides greatest
certainty to the future of the Baha Mar Resort.

"CCA Bahamas remains committed to working with the Provisional
Liquidators appointed by The Bahamian Supreme Court as this process
moves forward.  We possess unique expertise and understanding of
the project, and we stand ready, willing and able to re-mobilize
the appropriate resources to complete the Baha Mar Resort as soon
as possible."

Established in 1985, China Construction America (CCA) is the North
American and South American subsidiary of CSCEC.  CSCEC is a public
company listed on the Shanghai Stock Exchange with a total market
capitalization of $48 billion as of June 2015.  Ranked 37th among
Fortune Global 500 companies in 2015 and no. 1 on the ENR Global
Contractors list in 2014,  CSCEC is unrivaled by any other
construction company in the world.

CCA Bahamas is a wholly owned indirect subsidiary of CSCEC with
founding principles of integrity and innovation with quality
assurance and value creation.  With revenue of approximately $2
billion in 2014, CCA is ranked no. 32 top contractor in the US.  In
accordance with its core values, CCA is committed to creating value
for all stakeholders and building a better Bahamas and a better
world.

                          About Baha Mar

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

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

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


BERNARD L. MADOFF: Aurelia Finance Directors Settle Criminal Claims
-------------------------------------------------------------------
Carmen Germaine at Bankruptcy Law360 reported that five former
directors of a Swiss wealth management firm have settled criminal
claims that they lost $800 million in clients' funds in Bernard L.
Madoff's Ponzi scheme, the Geneva prosecutor's office announced on
Sept. 4, 2015.

The five directors, whom the prosecutor's office declined to name
but media reports have identified as former employees of
Geneva-based Aurelia Finance, have agreed to pay "strong
compensation" to settle former clients' criminal complaints
alleging the executives concentrated clients' funds in a Madoff
"feeder fund" losing hundreds of millions of dollars.

                    About Bernard L. Madoff

Bernard L. Madoff Investment Securities LLC and Bernard L. Madoff
orchestrated the largest Ponzi scheme in history, with losses
topping US$50 billion.  On Dec. 15, 2008, the Honorable Louis A.
Stanton of the U.S. District Court for the Southern District of
New
York granted the application of the Securities Investor Protection
Corporation for a decree adjudicating that the customers of BLMIS
are in need of the protection afforded by the Securities Investor
Protection Act of 1970.  The District Court's Protective Order (i)
appointed Irving H. Picard, Esq., as trustee for the liquidation
of
BLMIS, (ii) appointed Baker & Hostetler LLP as his counsel, and
(iii) removed the SIPA Liquidation proceeding to the Bankruptcy
Court (Bankr. S.D.N.Y. Adv. Pro. No. 08-01789) (Lifland, J.).  Mr.
Picard has retained AlixPartners LLP as claims agent.

On April 13, 2009, former BLMIS clients filed an involuntary
Chapter 7 bankruptcy petition against Bernard Madoff (Bankr.
S.D.N.Y. 09-11893).  The petitioning creditors -- Blumenthal &
Associates Florida General Partnership, Martin Rappaport
Charitable
Remainder Unitrust, Martin Rappaport, Marc Cherno, and Steven
Morganstern -- assert US$64 million in claims against  Mr. Madoff
based on the balances contained in the last statements they got
from BLMIS.

On April 14, 2009, Grant Thornton UK LLP as receiver placed Madoff
Securities International Limited in London under bankruptcy
protection pursuant to Chapter 15 of the U.S. Bankruptcy Code
(Bankr. S.D. Fla. 09-16751).

The Chapter 15 case was later transferred to Manhattan.  In June
2009, Judge Lifland approved the consolidation of the Madoff SIPA
proceedings and the bankruptcy case.

Judge Denny Chin of the U.S. District Court for the Southern
District of New York on June 29, 2009, sentenced Mr. Madoff to 150
years of life imprisonment for defrauding investors in United
States v. Madoff, No. 09-CR-213 (S.D.N.Y.).

From recoveries in lawsuits coupled with money advanced by SIPC,
Mr. Picard has commenced  distributions to victims.  As of the end
of May 2015, the SIPA Trustee has recovered more than $10.699
billion and has distributed approximately $7.576 billion.  When
additional settlements awaiting distribution are taken into
account, the recovery in the Madoff liquidation proceeding totals
$10.734 billion.


BINDER & BINDER: Taps Simon Peragine for "Williams" Suit
--------------------------------------------------------
Binder & Binder - The National Social Security Disability Advocates
(NY), LLC, et al., seek authority from the Bankruptcy Court to
employ Simon Peragine, Smith & Redfearn LLP, for the firm to
represent the Debtor in a lawsuit captioned Issac Williams v.
Binder & Binder pending in the U.S. Bankruptcy Court for the
Eastern District of Louisiana.  

Robert L. Redfearn tells the Bankruptcy Court that the firm did not
provide any services to the Debtors prior to the Petition Date.

The firm and the Debtors have agreed that the firm's ordinary
course professional fee cap per month be $10,000.  Upon the
Debtor's engagement of the firm, the Debtors provided the firm with
a $7,500 retainer.

Mr. Redfearn assured the Court that the firm represents no adverse
interest in the Debtor nor their estates with respect to the
matters on which the firm is to be employed.

The firm has an office located at 1100 Poydras Street, Energy
Center, 30th Floor, New Orleans, Louisiana.

                       About Binder & Binder

Founded in 1979 by brothers Harry and Charles Binder, Binder &
Binder is the nation's largest provider of social security
disability and veterans' benefits advocacy services, with operating
scale and efficiencies unrivaled by its competitors in the highly
fragmented advocacy market.  The company has more than 950
employees in 35 offices across the United States.  In 2010, H.I.G.
Capital, LLC acquired a controlling equity interest in the
company.

Binder & Binder - The National Social Security Disability Advocates
(NY), LLC, et al., sought Chapter 11 bankruptcy protection (Bankr.
S.D.N.Y. Lead Case No. 14-23728) in White Plains, New York on Dec.
18, 2014.  The cases are assigned to Judge Robert D. Drain.

The Debtors have tapped Kenneth A. Rosen, Cassandra Porter, Esq.,
and Nicholas B. Vislocky, Esq., at Lowenstein Sandler as counsel.
The Debtors have engaged Development Specialists, Inc., as
financial advisor, and BMC Group Inc. as claims and notice agent.

The Committee is represented by Klestadt Winters Jureller Southard
& Stevens, LLP as its counsel.


BLACK ELK ENERGY: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: Black Elk Energy Offshore Operations, LLC
        3100 S. Gessner, Ste. 215
        Houston, TX 77002

Case No.: 15-34287

Type of Business: An independent oil and gas company headquartered
                  in Houston, Texas.

Chapter 11 Petition Date: September 10, 2015

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Judge: Hon. Marvin Isgur

Debtor's Counsel: Elizabeth A Green, Esq.
                  BAKER & HOSTETLER LLP
                  200 S Orange Ave, Ste 2300
                  Orlando, FL 32801
                  Tel: 407-649-4000
                  Email: egreen@bakerlaw.com

                    - and -

                  Pamela Gale Johnson, Esq.
                  BAKER & HOSTETLER, LLP
                  811 Main Street, Suite 1100
                  Houston, TX 77002-6111
                  Tel: 713-751-1600
                  Fax: 713-751-1717
                  Email: pjohnson@bakerlaw.com

                    - and -

                  Jimmy D. Parrish, Esq.
                  BAKER HOSTETLER LLP
                  200 S Orage Ave, Ste 2300
                  Orlando, FL 32801
                  Tel: 407-649-4000
                  Email: jparrish@bakerlaw.com

Total Assets: $339.7 million as of Sept. 30, 2014

Total Debts: $432.3 million as of Sept. 30, 2014

The petition was signed by Jeff Jones, chief restructuring
officer.

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
ABSG Consulting Inc.                 Trade Debt          $685,093
PO Box 915094
Dallas, TX 75391-5094

Ankor E&P Holdings Corporation       Trade Debt        $1,124,556
1615 Poydras St.
Ste 2000
New Orleans, LA 70112

ATP Oil & Gas Corporation                              $1,460,628
4600 Post Oak Place, Suite 200
Houston, TX 77027-9726

Chevron USA Inc.                    Joint interest     $1,612,227
PO Box 730121                        billing debt
Dallas, TX 75373-0121

Energy Resource Technology          Joint interest       $901,596
GOM Inc.                             billing debt
PO Box 4346
Dept 354
Houston, TX 77210-4346

Energy XXI Gulf Coast Inc.           Joint interest    $1,904,739
1021 Main Street                      billing debt
Ste 2626
Houston, TX 77002

Exterran Energy Solutions             Trade Debt       $3,622,546
16666 Northchase Drive
Houston, TX 77060

Gaubert Oil Company, Inc.             Trade Debt         $778,244
PO Box 310
Thibodaux, LA 70302

Grand Isle Shipyard Inc.              Trade Debt       $2,000,000
PO Box 820
Galliano, LA 70354

Gulf Crane Services Inc.              Trade Debt       $1,253,015
PO Box 1843
Covington, LA 70434-1843

Gulf Offshore Logistics               Trade Debt       $2,889,350
120 White Rose Drive
Raceland, LA 70394

Island Operating Company Inc.         Trade Debt         $736,087
PO Box 61850
Lafayette, LA 70596

JAB Energy Solutions, LLC            Trade Debt       $12,507,936
PO Drawer 511
Morgan City, LA 70381

M21K, LLC                          Joint interest      $1,514,725
1021 Main Street                    billing debt
Ste 2626
Houston, TX 77002

Peregrine Oil & Gas LP               Trade Debt        $1,102,116
Three Riverway
Ste 1750
Houston, TX 77056

R&R Energy Services, LLC             Trade Debt          $854,596
1340 W. Tunnel Blvd.
Ste 450
Houma, LA 70360

Renaissane Offshore, LLC          Joint interest         $693,811
920 Memorial City Way               billing debt
Ste 800
Houston, TX 77024

Shamrock Management, LLC            Trade Debt           $838,162
c/o Gulf Coast Bank & Trust
P.O. Box 203047
Houston, TX 77216-3047

Shell Offshore Inc.                Joint interest     $17,877,546
JV Receipts                        billing debt
PO Box 7247-6271
Philadelphia, PA
19170-6271

The Grand Ltd                       Trade Debt         $1,993,076
Laredo Offshore Services
13385 Murphy Road
Stafford, TX 77477


BLUE SUN: Gets Interim OK to Employ Gallagher & Kennedy as Counsel
------------------------------------------------------------------
The Hon. Arthur B. Federman of the U.S. Bankruptcy Court for the
Western District of Missouri, in an interim order, authorized Blue
St. Joe Refining, LLC, et al., to employ Gallagher & Kennedy, P.A.
as general bankruptcy and restructuring counsel nunc pro tunc to
the Petition Date.

Gallagher & Kennedy is expected 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.

                       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.

The Official Committee of Unsecured Creditors retained Stinson
Leonard Street LLP as its counsel.


BLUE SUN: Gets Interim OK to Employ Lentz Clark as Local Counsel
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Missouri
authorized, on an interim basis, Blue St. Joe Refining, LLC, et
al., to employ Lentz Clark Deines P.A. as local bankruptcy counsel
and special conflicts counsel nunc pro tunc to the Petition Date.

Lentz Clark, as local bankruptcy counsel and special conflicts
counsel, will assist the Debtors in certain cases, and assist
Gallagher & Kennedy, as lead bankruptcy counsel.

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.

                       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.

The Official Committee of Unsecured Creditors retained Stinson
Leonard Street LLP as its counsel.


BLUE SUN: Gets Interim OK to Employ MCA Financial as Advisor
------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Missouri
authorized, on an interim basis, Blue St. Joe Refining, LLC, et
al., to employ MCA Financial Group, Ltd., as financial advisor
nunc pro tunc to the July 31, 2015.

MCA Financial is expected 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 postpetition;

   (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.

                       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.

The Official Committee of Unsecured Creditors retained Stinson
Leonard Street LLP as its counsel.


BRANTLEY LAND: Richard K. Strickland OK'd to Handle Receivership
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Georgia
authorized Brantley Land & Timber Company, LLC, to employ Richard
K. Strickland as special counsel.

The Debtor sought authority for Mr. Strickland to continue
representation in superior court receivership case, including the
filing of monthly operating reports as required by the receivership
order, well as periodic status reports, preparation and filing of
deeds, cancellations and other legal documents on behalf of the
receiver.

As reported by the Troubled Company Reporter on Aug. 24, 2015, he
Debtor sought and obtained permission to employ Brown, Readdick,
Bumgartner, Carter, Strickland & Watkins, LLP as counsel.

Brown Readdick is expected to, among other things:

   (a) advise the Debtor on the conduct of the case, including all

       of the legal and administrative requirements of operating
       in Chapter 11;

   (b) prepare administrative and procedural applications and
       motions as may be required for the sound conduct of the
       case;

   (c) prosecute and defend litigation that may arise during the
       course of the case;

   (d) consult with the Debtor concerning and participate in the
       formulation, negotiation, preparation and filing of a plan
       or plans of reorganization and disclosure statements to
       accompany the plans;

   (e) review and object to claims;

   (f) analyze, recommend, prepare and bring any cause of action
       created under the Bankruptcy Code;

   (g) take all steps necessary and appropriate to bring the case
       to a conclusion; and

   (h) perform the full range of services normally associated with

       matters such as this which the Firm is in a position to
       provide.

Brown Readdick will be paid at these hourly rates:

       Richard K. Strickland      $250-$325
       Legal Assistants,
       Paralegals and
       Support Staff              $75-$120

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

Brown Readdick received $20,000 retainer from the Debtor. Prior to
the bankruptcy filing, Brown Readdick was paid $12,925 during the
year prior to filing plus $1,075 from the retainer fro work
performed in preparation for the bankruptcy filing. $18,925 remains
on hand and is being held in Brown Readdick's IOLTA account to
apply to future invoices, as and when approved by the Court.

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

            About Brantley Land & Timber Company, LLC

Brantley Land & Timber Company, LLC, a real estate developer in
Brantley County, Georgia, has filed a Chapter 11 bankruptcy
petition (Bankr. S.D. Ga. Case No. 15-20584) in Brunswick, Georgia,
on July 16, 2015.

The Debtor, which is controlled by the receiver, tapped McCallar
Law Firm as counsel.

The U.S. Trustee for Region 21 is not attempting to form a
committee of unsecured creditors in the Chapter 11 case of the
Debtor, at this time.


BRANTLEY LAND: U.S. Trustee Balks at Brown Readdick Employment
--------------------------------------------------------------
Guy G. Gebhardt, Acting U.S. Trustee for Region 21, objected to
Brantley Land & Timber Company, LLC's employment of Brown,
Readdick, Bumgartner, Carter, Strickland & Watkins, LLP, as
counsel, complaining that employment of a second counsel is
unnecessary and duplicative.

According to the U.S. Trustee, an application was filed to employ
the McCallar Law Firm, specifically C. James McCallar, Tiffany E.
Caron, and L. Rachel Wilson, as the Debtor's counsel.  Thereafter,
application was filed to employ the law firm of Brown, Readdick,
specifically Richard K. Strickland, as attorney for the Debtor.

The Strickland Application, like the McCallar application,
describes the professional services to be rendered as "the general
representation of Debtor in the case and the performance of all
legal services for Debtor which may be necessary in connection with
his case."

The Strickland Application does not describe any bankruptcy-related
services that are separate and distinguishable from the services to
be provided by the McCallar Firm, the U.S. Trustee complained.

            About Brantley Land & Timber Company, LLC

Brantley Land & Timber Company, LLC, a real estate developer in
Brantley County, Georgia, has filed a Chapter 11 bankruptcy
petition (Bankr. S.D. Ga. Case No. 15-20584) in Brunswick, Georgia,
on July 16, 2015.

The Debtor, which is controlled by the receiver, tapped McCallar
Law Firm as counsel.

The U.S. Trustee for Region 21 is not attempting to form a
committee of unsecured creditors in the Chapter 11 case of the
Debtor, at this time.


BRANTLEY LAND: U.S. Trustee Objects to Schell & Hogan Employment
----------------------------------------------------------------
Guy G. Gebhardt, Acting U.S. Trustee for Region 21, objected to
Brantley Land & Timber Company, LLC's application to employ Jerry
W. Harper and Schell & Hogan, LLP as receiver and accountant.

The U.S. Trustee does not challenge the receiver's authority to
file a bankruptcy petition, as such authority may be lawfully
provided by a state court of appropriate jurisdiction.  The U.S.
Trustee, however, objects to the receiver indefinitely maintaining
possession and control of the bankruptcy estate and objects to his
employment as a professional because both requests conflict with
straightforward language of the Bankruptcy Code.

According to the U.S. Trustee, on Aug. 26, 2011, Mr. Harper was
appointed by the Superior Court of Fulton County as receiver for
the Debtor.  The receiver has been managing the affairs of the
Debtor for four years.

            About Brantley Land & Timber Company, LLC

Brantley Land & Timber Company, LLC, a real estate developer in
Brantley County, Georgia, has filed a Chapter 11 bankruptcy
petition (Bankr. S.D. Ga. Case No. 15-20584) in Brunswick, Georgia,
on July 16, 2015.

The Debtor, which is controlled by the receiver, tapped McCallar
Law Firm as counsel.

The U.S. Trustee for Region 21 is not attempting to form a
committee of unsecured creditors in the Chapter 11 case of the
Debtor, at this time.


BROOKE CORP: Kutak Rock Renews Bid to Dismiss $10MM Suit
--------------------------------------------------------
Dani Meyer at Bankruptcy Law360 reported that Kutak Rock LLP fought
back Sept. 15, 2015 against Brooke Corp.'s bankruptcy trustee's bid
to keep his $10 million malpractice suit alive, saying it didn't
prepare Brooke's financial statements and shouldn't be held more
responsible than the company for its financial troubles.

The firm urged the court to grant its motion for summary judgment
despite trustee Christopher Redmond's argument that he has proof
that the firm's failure to properly advise the insurance agency
franchiser caused more than $173 million in damages.

                       About Brooke Corp.

Based in Kansas, Brooke Corp. -- http://www.brookebanker.com/--  
was an insurance agency and finance company.  The company owned
81% of Brooke Capital.  The majority of the company's stock was
owned by Brooke Holding Inc., which, in turn was owned by the Orr
Family.  A creditor of the family, First United Bank of Chicago,
foreclosed on the BHI stock.  The company's revenues were
generated from sales commissions on the sales of property and
casualty insurance policies, consulting, lending and brokerage
services.

Brooke Corp. and Brooke Capital Corp. filed separate petitions for
Chapter 11 relief on Oct. 28, 2008; Brooke Investments, Inc. filed
for Chapter 11 relief on Nov. 3, 2008 (Bankr. D. Kan. Lead Case
No.
08-22786).  Angela R. Markley, Esq., was the Debtors' in-house
counsel.  Albert Riederer was appointed as the Debtors' Chapter 11
trustee.  He acted as special master of Brooke in prepetition
federal court proceedings.  Benjamin F. Mann, Esq., John J.
Cruciani, Esq., and Michael D. Fielding, Esq,, at Husch Blackwell
Sanders LLP, and Kathryn B. Bussing, Esq., at Blackwell Sanders
LLP, represented the Chapter 11 trustee as counsel.  David A.
Abadir, Esq., and Robert J. Feinstein, Esq., at Pachulski Stang
Ziehl & Jones LLP, Kristen F. Trainor, Esq., and Mark Moedritzer,
Esq., at Shook, Hardy & Bacon, represented the Official Committee
of Unsecured Creditors as counsel.  The Debtors disclosed assets
of
$512,855,000 and debts of $447,382,000.

On Oct. 29, 2008, the Court granted a motion to jointly administer
the bankruptcies of Brooke Corporation, Brooke Capital, and Brooke
Investment with the Brooke Corporation bankruptcy case being the
lead case.

The case was converted to Chapter 7 on June 29, 2009.  Christopher
J. Redmond was named Chapter 7 Trustee.  He is represented by
Benjamin F. Mann, Esq., John J. Cruciani, Esq., and Michael D.
Fielding, Esq., at Husch Blackwell LLP.



CAL DIVE: FMR LLC, et al., No Longer Own Common Stock
-----------------------------------------------------
FMR LLC, Edward C. Johnson 3d and Abigail P. Johnson disclosed in
an amended Schedule 13G filed with the Securities and Exchange
Commission that they no longer own shares of common stock of Cal
Dive International Inc. at Aug. 31, 2015.  

The reporting persons previously held 6,065,300 shares of common
stock of Cal Dive as of Dec. 31, 2014, which represents 6.1 percent
of the shares outstanding.

A copy of the regulatory filing is available for free at:

                       http://is.gd/ogGTNQ

                          About Cal Dive

Houston, Texas-based marine contractor Cal Dive International,
Inc., provides manned diving, pipelay and pipe burial, platform
installation and salvage, and light well intervention services to
the offshore oil and natural gas industry on the Gulf of Mexico
OCS, Northeastern U.S., Latin America, Southeast Asia, China,
Australia, West Africa, the Middle East, and Europe.  Cal Dive and
its U.S. subsidiaries filed simultaneous voluntary petitions
(Bankr. D. Del. Lead Case No. 15-10458) on March 3, 2015.

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

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

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

The U.S. Trustee for Region 3 amended the committee of unsecured
creditors in the case from five-member committee to four members.
The Committee retained Akin Gump Strauss Hauer & Feld LLP and
Pepper Hamilton LLP as co-counsel; and Guggenheim Securities, LLC
as exclusive investment banker.

Cal Dive Offshore Contractors, Inc., disclosed total assets of
$233,273,806 and $311,339,932 in liabilities as of the Chapter 11
filing.


CHRYSLER LLC: Car Dealer Defends Bid for Supreme Court Review
-------------------------------------------------------------
Aebra Coe at Bankruptcy Law360 reported that an Ohio car dealership
is pushing back against opposition to its request for U.S. Supreme
Court review of a ruling it says granted Congress judicial power by
upholding a law that allegedly altered the terms of Chrysler's
bankruptcy, saying the encroachment of the legislative branch on
the judiciary was "brazen."

Fred Martin Motor Co. responded Sept. 4 to two filings with the
Supreme Court opposing its petition for writ of certiorari, saying
the arguments of its opponents are weak and the high court should
take up the case.

            About Old Carco LLC (f/k/a Chrysler LLC)

Chrysler Group LLC, formed in 2009 from a global strategic alliance
with Fiat Group, produces Chrysler, Jeep(R), Dodge, Ram Truck,
Mopar(R) and Global Electric Motorcars (GEM) brand vehicles and
products.  Headquartered in Auburn Hills, Michigan, Chrysler Group
LLC's product lineup features some of the world's most recognizable
vehicles, including the Chrysler 300, Jeep Wrangler and Ram Truck.

Chrysler LLC and 24 affiliates on April 30, 2009, sought Chapter 11
protection from creditors (Bankr. S.D.N.Y (Mega-case), Lead Case
No. 09-50002).  Chrysler hired Jones Day, as lead counsel; Togut
Segal & Segal LLP, as conflicts counsel; Capstone Advisory Group
LLC, and Greenhill & Co. LLC, for financial advisory services; and
Epiq Bankruptcy Solutions LLC, as its claims agent.  Chrysler
changed its corporate name to Old CarCo following its sale to a
Fiat-owned company.  As of Dec. 31, 2008, Chrysler had
$39,336,000,000 in assets and $55,233,000,000 in debts.  Chrysler
had $1.9 billion in cash at that time.

In connection with the bankruptcy filing, Chrysler reached an
agreement with Fiat SpA, the U.S. and Canadian governments and
other key constituents regarding a transaction under Section 363 of
the Bankruptcy Code that would effect an alliance between Chrysler
and Italian automobile manufacturer Fiat.  As part of that deal,
Fiat acquired a 20% equity interest in Chrysler Group.

Under the terms approved by the Bankruptcy Court, the company
formerly known as Chrysler LLC on June 10, 2009, formally sold
substantially all of its assets, without certain debts and
liabilities, to a new company that will operate as Chrysler Group
LLC.  The U.S. and Canadian governments provided Chrysler with $4.5
billion to finance its bankruptcy case.  Those loans are to be
repaid with the proceeds of the bankruptcy estate's liquidation.
Old Carco's Second Amendment Joint Plan of Liquidation was
confirmed by the Bankruptcy Court on April 23, 2010.


CLAIRE'S STORES: Amends 2012 Credit Agreement
---------------------------------------------
Claire's Stores, Inc. entered into Amendment No. 2 to its Amended
and Restated Credit Agreement, dated as of Sept. 20, 2012, among
the Company, Claire's Inc., the Company's corporate parent, the
administrative agent and issuing agent and the lenders party
thereto, as previously amended by Amendment No. 1 thereto, dated as
of April 30, 2014.  The Amendment increases the maximum permitted
Total Net Secured Leverage ratio required to be maintained by the
Company during certain remaining periods of the Credit Agreement.

Section 6.11 of the Credit Agreement requires the Company to
maintain a Total Net Secured Leverage Ratio (as defined in the
Credit Agreement) not in excess of a specified level when
outstanding borrowings (inclusive of letters of credit under the
Credit Agreement) (a) exceed $15.0 million at the end of a quarter,
or (b) exceed $15.0 million (inclusive of the borrowing being
requested) at the time of a borrowing.  The Amendment provides for
the following maximum permitted Total Net Secured Leverage Ratio to
the "Required Maintenance Level," which is defined to mean, on the
last day of any fiscal quarter of the Company, the level set forth
for such quarter in the table below:

    Fiscal Quarter               Required Maintenance Level
    --------------                 --------------------------
    Third fiscal quarter of 2015      6.75 to 1.00
    Fourth fiscal quarter of 2015     6.35 to 1.00
    First fiscal quarter of 2016     6.75 to 1.00
    Second fiscal quarter of 2016     6.75 to 1.00
    Third fiscal quarter of 2016     6.75 to 1.00
    Fourth fiscal quarter of 2016     6.35 to 1.00
    First fiscal quarter of 2017     6.00 to 1.00
    Second fiscal quarter of 2017     6.00 to 1.00

                       About Claire's Stores

Claire's Stores, Inc. -- http://www.clairestores.com/-- operates  

as a specialty retailer of fashion accessories and jewelry for
preteens and teenagers, as well as for young adults in North
America and internationally.  It offers jewelry products that
comprise costume jewelry, earrings, and ear piercing services; and
accessories, including fashion accessories, hair ornaments,
handbags, and novelty items.

Based in Pembroke Pines, Florida, Claire's Stores operates under
two brands: Claire's(R), which operates worldwide and Icing(R),
which operates only in North America.  As of Jan. 31, 2009,
Claire's Stores, Inc., operated 2,969 stores in North America and
Europe.  Claire's Stores also operates through its subsidiary,
Claire's Nippon, Co., Ltd., 213 stores in Japan as a 50:50 joint
venture with AEON, Co., Ltd.  The Company also franchises 198
stores in the Middle East, Turkey, Russia, South Africa, Poland
and Guatemala.

Claire's reported a net loss of $212 million for the fiscal year
ended Jan. 31, 2015, compared to a net loss of $65.3 million for
the fiscal year ended Feb. 1, 2014.

As of Aug. 1, 2015, the Company had $2.5 billion in total assets,
$2.9 billion in total liabilities and $390.22 million in
stockholders' deficit.

                           *     *     *

As reported by the TCR on April 13, 2015, Moody's Investors
Service downgraded Claire's Corporate Family Rating (CFR) to
Caa2 from Caa1.  The downgrade of Claire's ratings reflect
continued weak operating performance and deterioration of its
liquidity profile.

The TCR reported in April 2015 that Standard & Poor's Ratings
Services lowered its corporate credit rating on Claire's Stores
Inc. to 'CCC' from 'B-'.  "The rating action reflects our belief
that Claire's could violate its financial covenant under its
revolving credit facility in the upcoming quarters, given
continuously weak operating trends," said credit analyst Mariola
Borysiak.


COLT DEFENSE: Committee Wants Standing to Sue Landlord
------------------------------------------------------
The Official Committee of Unsecured Creditors in the Chapter 11
cases of Colt Defense LLC, asks the United States Bankruptcy Court
for the District of Delaware to grant the Committee:

     a) derivative standing to assert, prosecute, and settle claims
arising out of the Debtors' lease of the West Hartford Facility
with NPA Hartford LLC; and

     b) authorization to hold, assert and, if necessary, waive
privileges on behalf of the estates.

The Committee explains it has substantial concerns about unresolved
issues, conflicts of interest, and potential claims and defenses
relating to the Debtors' West Hartford Facility, and specifically,
Colt Defense's Lease with NPA Hartford pursuant to which Colt
Defense and certain of the other Debtors occupy such facility.
Because of these unresolved issues, conflicts of interest, and
potential claims and defenses.

The Committee seeks derivative standing to bring an action against
the Proposed Defendants for, among other things: (i) damages for
injury caused by breaches of fiduciary duties and aiding and
abetting breaches of fiduciary duties; (ii) avoidance of the
transfer effected by the LLC Agreement Amendment as a fraudulent
transfer; (iii) injunctive relief, pursuant to section 105 of the
Bankruptcy Code, grounded on principles of equitable estoppel and
the implied obligation of good faith and fair dealing, prohibiting
the Landlord from attempting to evict, or otherwise dispossess,
Colt Defense, or its sub-lessee, Colt's Manufacturing Company LLC,
for the period (inclusive of the option extension periods) set
forth in the May 28th Lease Extension Letter (as defined in the
Proposed Complaint), conditioned on Colt Defense's compliance with
the basic economic terms set forth in that letter; and (iv) damages
for tortious interference with the existing business relationship
between Colt Defense and the Landlord and the prospective business
relationship between Colt Defense and the Landlord.

The Committee seeks to be given the sole authority to settle (if
determined appropriate by the Committee and subject to Court
approval in accordance with Bankruptcy Rule 9019) any of the Claims
described in the Proposed Complaint to be filed against the
Proposed Defendants. The derivative standing letters sent to the
Debtors and Debtors' unjustifiable failure to respond thereto
consenting to Committee's derivative standing and inherent
conflicts present. Production of the information will not reveal
confidential business information.

Colt Holding Company LLC, et al. are represented by:

          Mark D. Collins, Esq.
          Jason M. Madron, Esq.
          RICHARDS, LAYTON & FINGER, P.A.
          One Rodney Square
          920 North King Street
          Wilmington, DE 19801
          Tel.: (302) 651-7700
          Fax: (302) 651-7701
          Email: collins@rlf.com
                 madron@rlf.com

               - and -

          John J. Rapisardi, Esq.
          Peter Friedman, Esq.
          Joseph Zujkowski, Esq.
          Diana M. Perez, Esq.
          O'MELVENY & MYERS LLP
          Times Square Tower
          Seven Times Square
          New York, NY 10036
          Tel: (212) 326-2000
          Fax: (212) 326-2061
          Email: jrapisardi@omm.com
                 pfriedman@omm.com
                 jzujkowski@omm.com
                 dperez@omm.com

The Official Committee of Unsecured Creditors is represented by:

          Domenic E. Pacitti, Esq.
          Richard M. Beck, Esq.
          KLEHR HARRISON HARVEY BRANZBURG LLP
          919 Market Street, Suite 1000
          Wilmington, DE 19801-3062
          Tel: (302) 426-1189
          Fax: (302) 426-9193
          Email: dpacitti@klehr.com
                 rbeck@klehr.com

               - and -

          David M. Posner, Esq.
          Shane G. Ramsey, Esq.
          KILPATRICK TOWNSEND & STOCKTON LLP
          The Grace Building
          1114 Avenue of the Americas
          New York, NY 10036-7703
          Tel: (212) 775-8764
          Fax: (212) 658-9523
          Email: dposner@kilpatricktownsend.com
                 sramsey@kilpatricktownsend.com

               - and -

          Todd C. Meyers, Esq.
          KILPATRICK TOWNSEND & STOCKTON LLP
          1100 Peachtree Street NE, Suite 2800
          Atlanta, GA 30309-4528
          Tel: (404) 815-6482
          Fax: (404) 541-3307
          Email: tmeyers@kilpatricktownsend.com

                         About Colt

Colt Defense LLC is one of the world's oldest and most iconic
designers, developers, and manufacturers of firearms for military,
law enforcement, personal defense, and recreational purposes and
was founded over 175 years ago by Samuel Colt, who patented the
first commercial successful revolving cylinder firearm in 1836 and
began supplying U.S. and international military customers with
firearms in 1847.  Colt is incorporated in Delaware and
headquartered in West Hartford, Connecticut.

In 1992, Colt Manufacturing Company, then the principal operating
subsidiary, filed chapter 11 petitions in the U.S. Bankruptcy Court
for the District of Connecticut.  An investment by Zilkha & Co.
allowed CMC to confirm a chapter 11 plan and emerge from bankruptcy
in 1994.

Sometime after 1994, majority ownership of the Company transitioned
from Zilkha & Co. to Sciens Capital Management.

On June 14, 2015, Colt Holding Company LLC and 9 affiliates,
including Colt Defense LLC, filed voluntary petitions for relief
under Chapter 11 of the United States Bankruptcy Code to pursue a
sale of the assets as a going concern.  The cases are pending joint
administration under Case No. 15-11296 (Bankr. D. Del.).

Colt Defense estimated $100 million to $500 million in assets and
debt.

The Debtors tapped Richards, Layton & Finger, P.A., and O'Melveny &
Myers LLP, as attorneys, and Kurtzman Carson Consultants LLC as
claims and noticing agent.


COLT HOLDING: Seeks Approval Key Employee Incentive Plan
--------------------------------------------------------
Colt Holding Company LLC, et al. request the United States
Bankruptcy Court for the District of Delaware to approve a proposed
key employee incentive plan and authorized the Debtors to make
payments as contemplated under the Plan.

In support of the Debtors' motion for entry of an order approving
key employee incentive plan, Keith A. Maib executed a Declaration.
He is the Senior Managing Director at Mackinac Partners LLC, a
financial advisory and turnaround management firm and has over 25
years of diversified business experience including serving as a
partner in two international accounting firms.

In its Motion, the Debtors asserted that the most significant
aspects of the Debtors' restructuring efforts are now unfolding on
an expedited basis and will require certain of the Debtors'
employees to undertake meaningful responsibilities in addition to
their day-to-day functions. Due to the expanded roles certain of
the Debtors' employees must fulfill in connection with the Debtors'
ongoing restructuring efforts, along with the Debtors' advisors,
formulated a compensation plan to incentivize these employees to
achieve the Debtors' outlined objectives. In addition, Mr. Maib and
the Debtors determined that the properly incentivize the employees
to maximize value for the estates, the Debtors should implement a
performance-based incentive plan that provides potential
performance awards to certain of the Debtors' employees in the
event that the Debtors achieve 70% of the projected net operating
cash flow. Moreover, the Debtors believe that these employees are
not only essential to their continued operation as a going concern,
but the Participants have also been required to undertake
significant responsibilities in addition to their day-to-day
functions to minimize the effect of the chapter 11 cases on the
Debtors' business operations.

The Key Employee Incentive Plan (KEIP) has a maximum estimated cost
of $2.53 million. The Debtors believe that this is a small cost to
avoid further customer losses and revenue declines. Without the
ability to offer incentives and protections, the Debtors risk
losing their key employees and with them considerable value that
could be used to pay the claims of creditors. The Debtors also
consulted with their senior management, financial advisors,
bankruptcy counsel, and the Independent Committee.

Mackinac Partners may be reached at:

          Keith A. Maib
          Senior Managing Director
          Mackinac Partners LLC
          180 High Oak, Suite 100
          Bloomfield Hills, MI  48304
          Tel: (248) 258-6900
          E-mail: kmaib@mackinacpartners.com

                         About Colt

Colt Defense LLC is one of the world's oldest and most iconic
designers, developers, and manufacturers of firearms for military,
law enforcement, personal defense, and recreational purposes and
was founded over 175 years ago by Samuel Colt, who patented the
first commercial successful revolving cylinder firearm in 1836 and
began supplying U.S. and international military customers with
firearms in 1847.  Colt is incorporated in Delaware and
headquartered in West Hartford, Connecticut.

In 1992, Colt Manufacturing Company, then the principal operating
subsidiary, filed chapter 11 petitions in the U.S. Bankruptcy Court
for the District of Connecticut.  An investment by Zilkha & Co.
allowed CMC to confirm a chapter 11 plan and emerge from bankruptcy
in 1994.

Sometime after 1994, majority ownership of the Company transitioned
from Zilkha & Co. to Sciens Capital Management.

On June 14, 2015, Colt Holding Company LLC and 9 affiliates,
including Colt Defense LLC, filed voluntary petitions for relief
under Chapter 11 of the United States Bankruptcy Code to pursue a
sale of the assets as a going concern.  The cases are pending joint
administration under Case No. 15-11296 (Bankr. D. Del.).

Colt Defense estimated $100 million to $500 million in assets and
debt.

The Debtors tapped Richards, Layton & Finger, P.A., and O'Melveny &
Myers LLP, as attorneys, and Kurtzman Carson Consultants LLC as
claims and noticing agent.


COMPREHENSIVE OUTPATIENT: Voluntary Chapter 11 Case Summary
-----------------------------------------------------------
Debtor: Comprehensive Outpatient Services, Inc.
           dba The Center for Family Development
           dba Charles River Counseling
           dba Stoney Brook Counseling Center
           dba Riverfront Counseling Center
        C/O Dr. Bruce Mermelstein
        188 Needham Street
        Newton Upper Falls, MA 02464

Case No.: 15-13575

Nature of Business: Health Care

Chapter 11 Petition Date: September 16, 2015

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

Judge: Hon. Henry J. Boroff

Debtor's Counsel: Timothy M. Mauser, Esq.
                  The LAW OFFICES OF TIMOTHY MAUSER
                  Suite 605
                  11 Beacon Street
                  Boston, MA 02108
                  Tel: 617-338-9080
                  Fax: 617-275-8990
                  Email: tmauser@mauserlaw.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Dr. Bruce Mermelstein, Ed. D.,
president.

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


COYNE INTERNATIONAL: Files Schedules of Assets and Liabilities
--------------------------------------------------------------
Coyne International Enterprises Corp., doing business as Coyne
Textile Services filed its schedules of assets and liabilities,
disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property               $11,949,400
  B. Personal Property           $25,599,488
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $62,536,711
  E. Creditors Holding
     Unsecured Priority
     Claims                                        $1,307,788
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                        $5,473,485
                                 -----------      -----------
        Total                    $37,548,888      $69,317,984

A copy of the schedules is available for free at

     http://bankrupt.com/misc/COYNEINTERNATIONAL_117_sal.pdf

                     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.  

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.


DIVERSE ENERGY: Proposes SSG and Chiron as Investment Bankers
-------------------------------------------------------------
Diverse Energy Systems, LLC, and its debtor affiliates ask
authority from the Bankruptcy Court to employ SSG Advisors, LLC,
and Chiron Financial Group, Inc., as their investment bankers as of
the Petition Date.

The Debtors tell the Court that they are in the process of
attempting to sell their business and expect the sale process to
move forward quickly.  Indeed, the Debtors maintain they already
have a stalking horse bidder for certain of their assets and need
to engage the Advisors to assist them in developing a list of other
potential buyers or investors.  The Debtors anticipate filing a
motion to approve bid procedures in the very near future and expect
a sales transaction to close within the next couple of months.

The Advisors are also expected to:

   (i) review private placement alternatives available to the
       Debtors;

  (ii) assist with the restructuring of the Debtors' balance
       sheets with existing stakeholders; and

(iii) facilitate the sale of all or part of the Debtors and their
       assets.

Under the terms of the Engagement Agreement, the Advisors are
entitled to an initial fee of $15,000 from the Debtors, which is to
be held by the Advisors in trust as a retainer pending approval of
the Engagement Agreement by the Bankrupty Court.

In addition, the Engagement Agreement provides that the Advisors
will receive monthly fees of $15,000 payable on the first of each
month beginning Oct. 1, 2015, and continuing monthly thereafter for
the balance of the engagement term.

Upon the closing of a Financing Transaction, the Advisors will be
entiled to a Financing Fee equal to the greater of (a) $250,000 or
(b)(i) 2.5% of any Senior Debt raised from any financing source,
plus (ii) 6% of any Tranche B, Traditional Subordinated Debt or
Equity raised, regardless of whether the Debtors choose to draw
down the full amount of the Financing.  In the case of a closing of
a debtor-in-possession financing transaction, the Advisors will be
entitled to a Financing Fee payable in cash, in federal funds via
wire transfer or certified check, at and as a condition of closing
of that Financing equal to the greater of: (a)60,000; or (b) 2.5%
of any Senior Debt raised from any financing source.

Upon closing of a Restructuring Transaction, the Engagement
Agreement provides that the Advisors are entitled to a fee in the
amount of $250,000.

Upon the consummation of a Sale Transaction to any party, the
Engagement Agreement provides that the Advisors will be entitled to
a fee equal to the greater of (a) $250,000 or (b) 4% of the Total
Consideration (as defined in the Engagement Agrement).

The Advisors will be entitled to reimbursement for all of their
reasonable out-of-pocket expenses incurred in connection with their
engagement by the Debtors.

"Financing Transaction" is defined as "funds received by Diverse
Energy from any senior debt, secured subordinated debt, unsecured
subordinated debt, or non-control equity from any lender or
investor."

The Engagement Agreement defines "Restructuring Transaction" as
"any restructuring of existing and prospective Company stakeholder
claims, including but not limited to, the Company's secured
lenders, unsecured claims, and shareholder interests through a Plan
of Reorganization or a Section 363 Sale where management and/or
existing shareholders retain an interest."

"Sale Transaction" is defined as "any transaction involving the
sale or transfer, directly or indirectly, of all or substantally
all of the assets, secured debt, or equity of Diverse Energy."

The Engagement Agreement defines "Total Consideration" as "the
purchase price paid for the equity, assets, or any portion of
either, plus the assumption or payoff of indebtedness and/or
payables."

The Debtors agree to indemnify, defend, and hold harmless the
Advisors from any and against all losses, claims, damages,
liabilities, or costs, as and when incurred, in any way related to
the Advisors' acting for the Debtors under the Engagement
Agreement.

To the best of the Debtors' knowledge, the Advisors represent no
interest adverse to them or their estates in the matters for which
they are proposed to be retained, and SSG and Chiron are each a
"disinterested person" as defined in Section 101(14) of the
Bankruptcy Code.

                        Prior Representation

The Advisors were retained by the Debtors prior to the Petition
Date.

Pursuant to the Initial Engagement, the Debtors owed the Advisors
the sum of $30,000 on or about May 21, 2015, plus two monthly fees
of $10,000 on June 20, 2015 and July 20, 2015.  However, due to the
Debtors' liquidity constraints, the total amount of the fees due
under the Initial Engagement were paid as follows: an initial
payment of $10,000 was made on May 29, 2015, and the remainder of
the payments were made in $5,000 increments on June 5, June 11,
June 19, June 26, July 10, July 17, July 28 and Aug. 6, 2015.  The
Debtors also paid the Advisors the sum of $5,227 in August 2014,
and $15,531 on Sept. 3, 2015, for reimbursable expenses.

In addition the Debtors have also paid the Advisors the Initial Fee
of $15,000 under the Engagement Agreement on or about Sept. 3,
2015.

                       About Diverse Energy

Diverse Energy Systems, LLC, et al., filed Chapter 11 bankruptcy
petitions (Bankr. S.D. Tex. Lead Case No. 15-34736) on Sept. 7,
2015.  The jointly administered cases have been assigned to Judge
Karen K. Brown.

Diverse Energy has estimated assets of $10 million to $50 million
and liabilities of $0 to $50,000.

Forshey Prostok LLP serves as the Debtor's counsel.  SSG Advisors,
LLC serves as the Debtor's financial and restructuring advisor.

Diverse is the indirect parent of ITS Engineered Systems, Inc.  ITS
filed a voluntary petition for relief under Chapter 11 of the
Bankruptcy Code on April 17, 2015.  ITS's bankruptcy case is
currently pending in this Court as Case No. 15-32145.

Diverse is a provider of integrated solution platforms for upstream
and midstream customers in the natural gas production, oil
production, and water treatment industries.


DIVERSE ENERGY: Seeks to Employ CRO to Negotiate Sale
-----------------------------------------------------
Diverse Energy Systems, LLC, et al., seek Bankruptcy Court approval
to employ John Boylan as their chief restructuring officer
effective as of Sept. 8, 2015.

The Debtors relate they are in the process of attempting to sell
their business or assets and expect the sale process to move
forward quickly.  Indeed, the Debtors tell the Court they already
have a stalking horse bidder for certain of their assets and need
to engage Mr. Boylan to immediately oversee their operations,
assist in the preparation of their bankruptcy schedules, assist in
evaluating and negotiating a plan of reorganization, and negotiate
with third parties regarding exit financing or a section 363 sale
of their business.

The Debtors anticipate filing a motion to approve bid procedures in
the very near future and expect a sales transaction to close within
the next couple of months.

"Boylan is a licensed CPA and has a great deal of experience in
providing financial and management consulting to both public and
private clients in the oil and gas exploration and production
industry," comments Robert Forshey, Esq., at Forshey & Prostok,
LLP, counsel to the Debtors.

On or about Sept. 2, 2015, the Debtors entered into a Consulting
Agreement with Boylan's firm, EJC Ventures, LP.

Subject to the Court's approval, Mr. Boylan will charge the Debtors
for his services at the rate of $375 per hour.

In addition, Boylan will seek reimbursement for his reasonable
out-of-pocket expenses incurred in connection with his engagement
as CRO.  

Upon entry of an order by the Court granting this Application, the
Debtors will pay Mr. Boylan a retainer in the amount of $12,500.
Pursuant to the Consulting Agreement, the Debtors previously paid
EJC a pre-petition retainer of $25,000.

The Debtors will indemnify Mr. Boylan to the same extent as the
most favorable indemnification they extend to their current
officers or directors.

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

                       About Diverse Energy

Diverse Energy Systems, LLC, et al., filed Chapter 11 bankruptcy
petitions (Bankr. S.D. Tex. Lead Case No. 15-34736) on Sept. 7,
2015.  Judge Karen K. Brown is assigned to the jointly administered
cases.

Diverse Energy has estimated assets of $10 million to $50 million
and liabilities of $0 to $50,000.

Forshey Prostok LLP serves as the Debtor's counsel.  SSG Advisors,
LLC serves as the Debtor's financial and restructuring advisor.

Diverse is the indirect parent of ITS Engineered Systems, Inc.  ITS
filed a voluntary petition for relief under Chapter 11 of the
Bankruptcy Code on April 17, 2015.  ITS's bankruptcy case is
currently pending in this Court as Case No. 15-32145.

Diverse is a provider of integrated solution platforms for upstream
and midstream customers in the natural gas production, oil
production, and water treatment industries.


DUNE ENERGY: Defends Chapter 11 Plan and Settlement
---------------------------------------------------
Jonathan Randles at Bankruptcy Law360, reported that Dune Energy
Inc. on Sept. 16, 2015, urged a Texas bankruptcy judge to approve
its plan for winding down its oil and gas drilling business, saying
the deal it has brokered with various stakeholders "provides the
debtors' creditors with the best possible recovery under the
circumstances."

Dune responded in a court filing to objections filed by several
parties, including its official committee of unsecured creditors,
saying the plan maximizes the value of the debtor's estate and
complies with provisions of the U.S. Bankruptcy Code.

                        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
Energy Inc., 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.


EDENOR SA: Juan Cuattromo Resigns as Permanent Director
-------------------------------------------------------
Edenor S.A. disclosed with the U.S. Securities and Exchange
Commission that it has received the resignation, based on personal
grounds, of Mr. Juan Miguel Cuattromo to the position of permanent
director for which he has been appointed in the Ordinary and
Extraordinary General Shareholders' meeting held on April 28th
2015.  Said resignation is effective as of Sept. 7, 2015, and will
be submitted for consideration by the Company's Board of Directors
during its next meeting.  Mr. Cuattromo was a member of Edenor's
Audit Committee.

                          About Edenor SA

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

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

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


ELBIT IMAGING: Avram Friedman Owns 14.3% of Ordinary Shares
-----------------------------------------------------------
In a Schedule 13D filed with the Securities and Exchange
Commission, the following reporting persons disclosed beneficial
ownership of Ordinary Shares, par value NIS 1.00 per share, of
Elbit Imaging Ltd. as of Sept. 2, 2015:

                                        Shares
                                     Beneficially      Percentage
        Name                            Owned           Ownership
-----------------                 --------------     ------------
M. H. Davidson & Co.                  73,491            0.27%

Davidson Kempner Partners            258,634            0.94%

Davidson Kempner Institutional       599,178            2.17%
Partners, L.P.

Davidson Kempner International,      591,601            2.15%
Ltd.

Davidson Kempner Distressed          944,298            3.42%
Opportunities Fund LP

Davidson Kempner Distressed        1,476,382            5.35%
Opportunities International Ltd.

Davidson Kempner Capital           3,943,584           14.30%
Management LP

Thomas L. Kempner, Jr.             3,943,584           14.30%

Anthony A. Yoseloff                3,943,584           14.30%

Conor Bastable                     3,943,584           14.30%

Avram Z. Friedman                  3,943,584           14.30%     
       

"The Reporting Persons have engaged and may continue to engage in
discussions with management, the Issuer's board of directors, other
shareholders of the Issuer and other relevant parties, including
representatives of any of the foregoing, concerning the Reporting
Persons' investment in the Ordinary Shares and the Issuer,
including, without limitation, matters concerning the business,
operations, governance, board composition, director candidates,
management, capitalization and strategic plans of the Issuer or of
any subsidiary of the Issuer or other entity in which the Issuer
may have an investment.  The Reporting Persons may exchange
information with any persons pursuant to appropriate
confidentiality or similar agreements or otherwise, work together
with any persons pursuant to joint agreements or otherwise, propose
changes in the business, operations, governance, board composition,
director candidates, management, capitalization or strategic plans
of the Issuer or any Related Entity, or propose or engage in one or
more other actions."

"The Reporting Persons intend to review their investment in the
Issuer on a continuing basis.  Depending on various factors,
including, without limitation, the outcome of any discussions
referenced above, the financial position and strategic direction,
actions taken by management or the board of directors of the Issuer
or any Related Entity, price levels of the Ordinary Shares, other
investment opportunities available to the Reporting Persons,
conditions in the securities market and general economic and
industry conditions, the Reporting Persons may in the future take
such actions with respect to their investment in the Issuer and/or
any Related Entity as they deem appropriate, including, without
limitation, proposing or nominating director candidates to the
board of directors of the Issuer or any Related Entity, proposing
changes in the operations, governance, capitalization, use of
capital, financial metrics, capital allocations, corporate
structure, including acquisitions or dispositions of the Issuer or
any Related Entity, purchasing additional, or selling some or all
of, their Ordinary Shares or shares of any Related Entity, engaging
in short selling of or any hedging or similar transactions with
respect to the Ordinary Shares or shares of any Related Entity
and/or otherwise changing their intention with respect to any and
all matters referred to in Item 4 of Schedule 13D.  The Reporting
Persons may, at any time and from time to time, review or
reconsider their position and/or change their purpose and/or
formulate plans or proposals with respect to their investment in
the Ordinary Shares or shares of any Related Entity."

A copy of the regulatory filing is available for free at:

                       http://is.gd/cpbusr

                       About Elbit Imaging

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

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

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

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

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


EMPIRE RESORTS: Amendment to 2011 Option Agreement Proposed
-----------------------------------------------------------
Monticello Raceway Management, Inc., a wholly-owned subsidiary of
Empire Resorts, Inc., and EPT Concord II, LLC, a wholly subsidiary
of EPR Properties, entered into a non-binding term sheet reflecting
general terms of a proposed amendment to the Option Agreement
between MRMI and EPT.

The Option Agreement, which was originally executed on Dec. 21,
2011, and last amended by letter agreement dated June 20, 2014,
grants to MRMI the sole and exclusive option to lease portions of
1,500 acres located in Sullivan County, New York owned by EPT and
another wholly owned subsidiary of EPR on which the Company's
subsidiary, Montreign Operating Company, LLC, plans to develop the
Montreign Resort Casino.  Montreign is part of the initial phase of
a four-season destination resort, to be called Adelaar, planned for
the EPT Property.  In addition to Montreign, the initial phase of
Adelaar will include an indoor Waterpark Lodge and adventure park,
a Rees Jones redesigned "Monster" Golf Course and an Entertainment
Village, which will include retail, restaurants, shopping and
entertainment.

The Term Sheet contemplates, among other things, amendments to the
Option Agreement that would allow MRMI and/or its affiliates to
lease the parcels on which the Golf Course and Entertainment
Village will be located in addition to the Montreign parcel.  The
Term Sheet also includes proposed terms on which MRMI and/or its
affiliates would be responsible for developing the Golf Course and
Entertainment Village, in addition to Montreign, and EPT would be
responsible for developing the Waterpark.  The Term Sheet
contemplates that the Company and EPR will each provide a
completion guaranty for their respective subsidiaries' development
obligations.  Additionally, if required, the responsible parties
will deposit with the New York State Gaming Commission 10% of the
total development investment with respect to their respective
development obligations.  In relation to such proposed changes, the
Term Sheet also includes proposed revisions to the voting rights of
the parties in the governing body of the master association
relating to Adelaar.

The Term Sheet also contemplates amendments to the Option Agreement
permitting MRMI and/or its affiliates to purchase all three, but
not less than all three, of the Montreign, Golf and Entertainment
Village parcels for specified periods and at purchase prices that
increase over time.  All amounts paid as rent on the Empire Parcels
during the first five years after the option to lease the Empire
Parcels is exercised may be credited towards the purchase price of
the Empire Parcels, subject to a maximum cap for such credits.  If
a Purchase Event has occurred and the Waterpark has not yet opened
for business, in addition to the completion guaranty from EPR, EPT
will deposit into escrow a portion of the purchase price paid for
the Empire Parcels to ensure completion of the Waterpark.  In
addition, the Term Sheet contemplates an option for MRMI and/or its
affiliates to purchase, and a right of first refusal with respect
to the sale of, the remaining undeveloped portions of the EPT
Property for ten years following the lease of the Empire Parcels at
prices that vary depending on an adjustment for CPI and/or the
development of portions of the EPT Property other than the
Waterpark and Empire Parcels.

The Term Sheet also includes proposed terms relating to the
division of the responsibilities relating to common infrastructure
work for Adelaar.  In addition, the Term Sheet includes proposed
terms concerning the rent for the Empire Parcels.

                        About Empire Resorts

Based in Monticello, New York, Empire Resorts, Inc. (NASDAQ: NYNY)
-- http://www.empireresorts.com/-- owns and operates Monticello
Casino & Raceway, a video gaming machine and harness racing track
and casino located in Monticello, New York, 90 miles northwest of
New York City.

Empire Resorts reported a net loss applicable to common shares of
$24.1 million on $65.2 million of net revenues for the year ended
Dec. 31, 2014, compared to a net loss applicable to common shares
of $27.05 million on $70.96 million of net revenues in 2013.

As of June 30, 2015, Empire Resorts had $81.7 million in total
assets, $58.1 million in total liabilities and $23.5 million in
total stockholders' equity.


ENCLAVE AT BOYNTON: Wants to Employ Bradley Shraiberg as Counsel
----------------------------------------------------------------
Enclave at Boynton Waters Properties, LLC seeks the Bankruptcy
Court's authority to employ Bradley Shraiberg and the law firm of
Shraiberg, Ferrara & Landau, P.A., as general bankruptcy counsel
nunc pro tunc to Sept. 8, 2015.

The professionals at SFL will:

   a. advise the Debtor generally regarding matters of bankruptcy
      law in connection with this Case;

   b. advise the Debtor of the requirements of the Bankruptcy
      Code, the Federal Rules of Bankruptcy Procedure, applicable
      bankruptcy rules, including local rules, pertaining to
      the administration of the Case and U.S. Trustee Guidelines   

      related to the daily operation of its business and
      administration of the estate;

   c. represent the Debtor in all proceedings before this
      Court;

   d. prepare and review motions, pleadings, orders,
      applications, adversary proceedings, and other legal
      documents arising in the Case;

   e. negotiate with creditors, prepare and seek confirmation
      of a plan of reorganization and related documents, and
      assist the Debtor with implementation of any plan;
      and
  
   f. perform all other legal services for the Debtor.

SFL has agreed to perform said services at the following hourly
rates: $125 for legal assistants and $295 to $475 for attorneys.
The hourly rate of Mr. Shraiberg is $475.  The Debtor will
reimburse SFL for expenses according to SFL's customary
reimbursement policies.

Along with the Debtor's Case, on Sept. 8, 2015, the following
affiliated entitles filed for Chapter 11 bankruptcy and are seeking
to retain SFL as bankruptcy counsel in their respective cases: i)
Lake Placid Waterfront Properties, LLC (15-26143), ii) Estates of
Boynton Waters Properties, LLC (15-26152); iii) Hillsboro Mile
Properties, LLC (15-26148); iv) Kerekes Land Trust Properties, LLC
(15-26165); v) Antipodean Properties, LLC (15-26162); vi) Remi
Hillsboro, LLC (15-26156); and vii) Enclave at Hillsboro, LLC
(15-26155).

Prior to the filing of the Debtors' petition, John B. Kennelly
provided SFL with a total of $50,000 as a retainer and $13,736 for
filing fee costs relating to the eight Debtors' bankruptcy cases.

Mr. Shraiberg assures the Court that neither he nor his firm
represents any interest adverse to the Debtor, its estate, or its
creditors.

Enclave at Boynton Waters Properties, LLC, et al., filed Chapter 11
bankruptcy petitions (Bankr. S.D. Fla. Case Nos. 15-26141,
15-26143, 15-26148, 15-26152, 15-26155, 15-26156, 15-26162 and
15-26165) on Sept. 8, 2015.  The petitions were signed by John B.
Kennelly as manager.  Erik P. Kimball is assigned to the
first-filed case (15-26141).

The Debtors own various parcels of real property that constitute
the collateral of the same secured lender, BI Boca Boynton
Portfolio, LLC.


FCC HOLDINGS: Education Lender Ordered to Drop $3.2MM Suit
----------------------------------------------------------
Carmen Germaine at Bankruptcy Law360 reported that a Delaware
bankruptcy judge on Sept. 15, 2015 ordered Education Lender LLC to
drop a lawsuit accusing several banks and private equity firms of
misleading it into lending $3.2 million to a now-bankrupt
for-profit education company after the banks argued the suit was
blocked by a Chapter 11 plan injunction.

U.S. Bankruptcy Judge Christopher S. Sontchi granted a motion filed
by Bank of Montreal, Synovus Bank and four other banks to enforce
the injunction in Education Training Corp. parent FCC Holdings
Inc.'s Chapter 11 plan against Education Lender.

                         About FCC Inc.

Education Training Corporation -- aka Florida Career College, aka
FCC Anthem College, aka Anthem College - Bryman School, aka Anthem
College -- and affiliates sought protection under Chapter 11 of
the Bankruptcy Code on Aug. 25, 2014.  The lead case is In re FCC
Holdings, Inc., Case No. 14-11987 (D. Del.).  The case is assigned
to Judge Christopher S. Sontchi.

The Debtors are represented by Dennis A. Meloro, Esq., at
Greenberg Traurig, LLP, in Wilmington, Delaware.  The Debtors'
noting, claims, and balloting agent is Kurtzman Carson
Consultants.


FEDERATION EMPLOYMENT: Sept. 30 Set as Proofs of Claim Deadline
---------------------------------------------------------------
The Hon. Robert E. Grossman of the U.S. Bankruptcy Court for the
Eastern District of New York established Sept. 30, 2015, at 5:00
p.m., as the deadline for any individual or entity to file proofs
of claim against Federation Employment and Guidance Service Inc.,
doing business as FEGS.

Proofs of claim must be submitted to the Debtor's claims agent Rust
OMNI, in these addresses:

if by mail by hand delivery or overnight courier:

        Federation Employment and Guidance Service, Inc.
        c/o Rust OMNI
        5955 DeSoto Ave., Suite 100
        Woodland Hills, CA 91367

if by hand delivery:

        United States Bankruptcy Court, EDNY
        Alfonse D'Amato U.S. Courthouse
        290 Federal Plaza
        Central Islip, NY 11722
        Attn: Clerk of Court

                        About FEGS

Established in 1934 amidst the Great Depression, Federation
Employment & Guidance Service, Inc. ("FEGS") is a not-for-profit
provider of various health and social services to more than
120,000 individuals annually in the areas of behavioral health,
disabilities, housing, home care, employment/workforce,
education, youth and family services.  At its peak, FEGs' network
of programs operated over 350 locations throughout metropolitan
New York and Long Island and employed 2,217 highly skilled
professionals.

FEGS sought Chapter 11 bankruptcy protection (Bankr. E.D.N.Y.
Case No. 15-71074) in Central Islip, New York on March 18, 2015.

The Chapter 11 plan and disclosure statement are due by July 16,
2015.

The Debtor filed applications to hire Garfunkel, Wild, P.C., as
general bankruptcy counsel; Togut, Segal & Segal, LLP, as
co-counsel; JL Consulting LLC as Restructuring Advisor, as
restructuring advisor; Crowe Horwath, LLP as accountants; and
Rust Consulting/Omni Bankruptcy as claims and noticing agent.

The Debtor disclosed $86,697,814 in assets and $45,572,524 in
liabilities as of the Chapter 11 filing.

The U.S. Trustee for Region 2 appointed three members to the
Official Committee of Unsecured Creditors.  The Committee tapped
Pachulski Stang Ziehl & Jones LLP as its counsel.


FILENE'S BASEMENT: Trinity Place Raising $30M to Develop Assets
---------------------------------------------------------------
Jenna Loceff, writing for The Deal, reported that MFP Investors LLC
and Third Avenue Management LLC will invest up to $25 million to
backstop a $30 million rights offering by Trinity Place Holdings
Inc. as the successor to the defunct discount retailer Filene's
Basement develops its real estate holdings and prepares to launch
an online store.

According to the report, Trinity, based in New York, was formed in
the 2012 bankruptcy reorganization of Filene's Basement and its
parent company company Syms Corp. with their real estate and other
legacy assets.  That includes a vacant, six-story commercial
building in Lower Manhattan known as Trinity Place; a mostly-vacant
retail property in Paramus, N.J.; a vacant retail property in
Westbury, N.Y.; and a shopping center in West Palm Beach, Fla., the
Deal said.

Trinity said in a Sept. 15, filing with the Securities and Exchange
Commission that it plans to raise up to $30 million in its rights
offering, which will allow current shareholders to buy new shares
for $6 each, the report related.

                  About Filene's Basement, LLC

Massachusetts-based Filene's Basement, also called The Basement,
was the oldest off-price retailer in the United States.  The
Basement focuses on high-end goods and is known for its
distinctive, low-technology automatic markdown system.

Filene's Basement first filed for Chapter 11 bankruptcy protection
in August 1999.  Filene's Basement was bought by a predecessor of
Retail Ventures, Inc., the following year.  Retail Ventures in
April 2009 transferred the unit to Buxbaum.

Filene's Basement, Inc. and its affiliates filed for Chapter 22
(Bankr. D. Del. Case No. 09-11525) on May 4, 2009, represented by
lawyers at Pachulski Stang Ziehl & Jones LLP.  Epiq Bankruptcy
Solutions serves as claims and notice agent.  The Debtors
disclosed assets of $236 million, including real estate of $97.7
million, and liabilities of $94 million, including $31.1 million
owing on a revolving credit with Bank of America NA as agent. In
addition, there were $11.1 million in letters of credit
outstanding on the revolver.

The 2009 Debtor was formally renamed FB Liquidating Estate,
following the sale of all of its assets to Syms Corp. in June
2009.

Pursuant to the Liquidating Plan confirmed in January 2010,
secured creditors in the Chapter 11 case have been paid in full,
and holders of priority, administrative and convenience class
claims have received 100% of their allowed claims.  As reported by
the Troubled Company Reporter on Dec. 20, 2010, Alan Cohen,
Chairman of Abacus Advisors LLC and Chief Restructuring Officer
for FB Liquidating Estate disclosed that a second distribution of
dividend checks to Filene's unsecured creditors amounting to 12.5%
of approved claims has been made, bringing the cumulative
distributions on unsecured claims to 62.5%.

On Nov. 2, 2011, Syms Corp. placed itself, Filene's Basement and
two other units in Chapter 11 bankruptcy (Bankr. D. Del. Case Nos.
11-13511 to 11-13514) after a failed bid to sell the business.
The two units are Syms Clothing Inc. and Syms Advertising Inc.

Judge Kevin J. Carey presides over the case.  Lawyers at Skadden
Arps Slate Meagher & Flom LLP serve as the Debtors' counsel.  The
Debtors tapped Rothschild Inc. as investment banker and Cushman
and Wakefield Securities, Inc., as real estate financial advisors.

Syms shuttered its namesake and Filene's Basement outlets upon the
bankruptcy filing and tapped a joint venture of Gordon Brothers
Retail Partners LLC and Hilco Merchant Resources LLC to run the
going-out-of-business sales.  

Filene's Basement estimated $1 million to $10 million in assets
and $50 million to $100 million in debts.  The petitions were
signed by Gary Binkoski, authorized representative of Filene's
Basement.

The official committee of unsecured creditors appointed in the
2011 case retained Hahn & Hessen LLP as legal counsel.

Holders of equity in Syms Corp. pushed for an official
shareholders' committee and separation of the Syms and Filene's
Basement bankruptcy estates.

Gordon Brothers and Hilco were represented by Goulston & Storrs,
P.C. and Ashby & Geddes, P.A.

On August 30, 2012 the Court entered the Order Confirming the
Modified Second Amended Joint Chapter 11 Plan of Reorganization of
Syms Corp. and its subsidiaries.  The Plan provides that holders
of
Class 4 general unsecured claims of Filene's Basement, LLC will
receive 100% payment in cash, and holders of Class 5 lease
rejection claims of Filene's Basement, LLC will receive 75%
payment
in cash.


FIRST DATA: Files Amendment No.2 to Form S-1 Prospectus
-------------------------------------------------------
First Data Corporation has filed with the Securities and Exchange
Commission a second amendment to its registration statement on Form
S-1 relating to the proposed offering of $100 million shares of
Class A common stock.  The Company amended the Registration
Statement to delay its effective date.

Prior to this offering, there has been no public market for the
Company's Class A common stock.  The Company currently expects that
the initial public offering price of its Class A common stock will
be between $______ and $________ per share.  The Company intends to
apply to list its Class A common stock on the New York Stock
Exchange (NYSE) under the symbol "FDC."

Upon consummation of this offering, the Company will have two
classes of common stock: the Company's Class A common stock and its
Class B common stock.  The rights of the holders of Class A common
stock and Class B common stock will be identical, except with
respect to voting, conversion, and transfer restrictions applicable
to the Class B common stock.  Each share of Class A common stock
will be entitled to one vote.  Each share of Class B common stock
will be entitled to ten votes and will be convertible at any time
into one share of Class A common stock.

After the completion of this offering, affiliates of Kohlberg
Kravis Roberts & Co. L.P. (KKR) will continue to control a majority
of the voting power of the Company's common stock.  As a result,
the Company will be a "controlled company" within the meaning of
the corporate governance standards of the NYSE.

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

                        http://is.gd/C3SdXQ

                          About First Data

Based in Atlanta, Georgia, First Data Corporation provides
commerce and payment solutions for financial institutions,
merchants, and other organizations worldwide.

First Data reported a net loss attributable to the Corporation of
$458 million on $11.2 billion of total revenues for the year ended
Dec. 31, 2014, compared with a net loss attributable to the
Corporation of $869 million on $10.8 billion of total revenues
during the prior year.

As of March 31, 2015, the Company had $34.13 billion in total
assets, $31.7 billion in total liabilities, $78 million in
redeemable noncontrolling interest, and $2.35 billion in total
equity.

                           *     *     *

The Company carries a 'B3' corporate family rating, with a
stable outlook, from Moody's Investors Service, a 'B' corporate
credit rating, with stable outlook, from Standard & Poor's, and
a 'B' long-term issuer default rating from Fitch Ratings.


GAS-MART USA: Asks Judge for Dec. 29, 2015 Claims Bar Date
----------------------------------------------------------
Gas-Mart USA Inc. has filed a motion seeking court approval to
establish Dec. 29, 2015, as the deadline for creditors to file a
proof of their claims or interests.

This deadline is called a "bar date" because it means that
creditors who come forward after that date may be "barred" from
ever filing a claim against the company.   

The motion is on U.S. Bankruptcy Judge Arthur Federman's calendar
for Sept. 21.

                          About Gas-Mart

Gas-Mart USA, Inc., Aving-Rice, LLC, Fran Transport & Oil Company,
and G&G Enterprises, LLC, sought Chapter 11 bankruptcy protection
(Bankr. W.D. Mo. Lead Case No. 15-41915) in Kansas City, Missouri,
on July 2, 2015.

Gas-Mart and Aving-Rice own and operate gasoline
station/conveniences stores ("C-Stores").  With locations in Iowa,
Illinois, Indiana, Nebraska, and Wisconsin, Gas-Mart and Aving Rice
operate 22 and 20 stores, respectively, as of the Petition Date.
G&G owns and leases ATM's to the 42 Gas-Mart and Aving-Rice
locations as well as certain ConocoPhillips locations in the
greater Kansas City Area.  Fran is a fuel hauling business located
in and serving Kansas City.

Judge Arthur B. Federman presides over the Chapter 11 cases.

The Debtors tapped Stinson Leonard Street LLP as attorneys;
Polsinelli PC as special counsel; Brown & Ruprecht, PC as conflicts
counsel; and Frank Wendt as special conflicts counsel.

The Debtors' Chapter 11 plan and disclosure statement are due Oct.
30, 2015.

Gas-Mart estimated $10 million to $50 million in assets and debt.

In July, Daniel Casamatta, acting U.S. trustee, appointed seven
creditors to serve on Gas-Mart's official committee of unsecured
creditors.  The committee is represented by Freeborn & Peters LLP,
in Chicago, Illinois.


GENERAL MOTORS: Has $900MM Deal to Settle Ignition Switch Cases
---------------------------------------------------------------
General Motors Co. confirmed Thursday that the company has reached
a settlement in the form of a Deferred Prosecution Agreement with
the U.S. Attorney's Office for the Southern District of New York
regarding the company's handling of the ignition switch defect in
certain older model vehicles.

Under the Agreement, the U.S. Attorney's Office agrees to defer
prosecution of charges against GM related to the ignition switch
defect and recall for three years. If GM satisfies the terms of the
Agreement, federal prosecutors will then seek dismissal of the
charges with prejudice.

The Agreement includes a requirement that GM cooperate with the
federal government and establish an independent monitor to review
and assess the company's policies and procedures in certain
discrete areas relating to safety issues and recalls. GM will also
pay a $900 million financial penalty associated with this Agreement
and will record a charge for this amount in the third quarter.

"The mistakes that led to the ignition switch recall should never
have happened. We have apologized and we do so again today," said
GM CEO Mary Barra in a statement Sept. 17. "We have faced our
issues with a clear determination to do the right thing both for
the short term and the long term. I believe that our response has
been unprecedented in terms of candor, cooperation, transparency
and compassion."

GM Chairman Theodore M. Solso said, "GM's Board of Directors took
swift action to investigate the ignition switch issue and we have
fully supported management's efforts to regain the trust and
confidence of customers and regulators, and to resolve the Justice
Department's investigation. GM's Board and leadership recognize
that safety is a foundational commitment, and the changes the
company has made in the last 15 months have made it much
stronger."

The Agreement states that the government's decision to defer
prosecution was based on the actions GM has taken to "demonstrate
acceptance and acknowledgement of responsibility for its conduct,"
including:

     -- Conducting a swift and robust internal investigation

     -- Furnishing investigators with information and a continuous
flow of unvarnished facts

     -- Providing timely and meaningful cooperation more generally
in the government's investigation

     -- Terminating wrongdoers

     -- Establishing a full and independent victim compensation
program that is expected to pay out more than $600 million in
awards   

"Reaching an agreement with the Justice Department does not mean we
are putting the issue behind us," Barra said. "Our mission has been
to take the difficult lessons from this experience and use them to
improve our company. We've come a long way and we will continue to
build on our progress."

The Recall and GM's Response

Following the ignition switch recalls in February and March 2014,
GM pledged its full cooperation to authorities investigating the
matter. GM's Board also retained former U.S. Attorney Anton Valukas
to conduct an independent investigation.

In June 2014, the Valukas Report was provided to the National
Highway Traffic Safety Administration, the U.S. Department of
Justice, and members of both the U.S. House of Representatives and
Senate. The results of the investigation were later made public.
Barra also discussed the Valukas Report with GM employees in a
global town hall meeting, during which she said, "We aren't simply
going to fix this and move on. We are going to fix the failures in
our system . . .  and we are going to do the right thing for the
affected parties."  

After the recall, GM began making far-reaching changes to its
vehicle quality and safety organizations:

     -- Decisions about vehicle safety and recalls are now elevated
to some of the highest levels of the company. GM created a new
position, vice president, Global Vehicle Safety, with global
responsibility for the development of GM vehicle safety systems,
confirmation and validation of safety performance, as well as
post-sale safety activities, including recalls.

     -- Approximately 200 employees joined the Global Safety
organization in 2014, including more than 30 new safety
investigators in North America whose roles are to help identify and
quickly resolve potential safety issues.

     -- A data analytics team was created to search for emerging
issues using internal and external sources, including those
reported to NHTSA.

     -- The company created a "Speak up for Safety" program,
designed to give employees and dealers an easy and consistent way
to report potential vehicle or workplace safety issues, or suggest
safety-related improvements.

     -- GM's Global Vehicle Engineering organization was
reorganized to improve cross-system integration, deliver more
consistent performance across vehicle programs, and address
functional safety and compliance in vehicle development.

     -- GM has implemented new policies and procedures to expedite
the repair of recalled vehicles, and to improve its certified
pre-owned vehicle program.

The company also established the GM Ignition Compensation Claims
Resolution Facility, which is independently administered by
attorney Kenneth Feinberg. The facility was designed to settle
claims brought by people who suffered physical injuries or lost
family members in accidents that may have been related to the
ignition switch. It has awarded settlements even to those whose
claims involved contributory negligence, as well as claims that
would have been barred by bankruptcy court rulings.

Mike Spector and Christopher M. Matthews, writing for The Wall
Street Journal, reported that GM admitted to criminal wrongdoing
and agreed to pay a lower-than-expected financial penalty in the
mishandling of a defective ignition switch, closing one chapter on
a safety crisis that dented the auto maker's finances and
reputation.

                    About General Motors

With its global headquarters in Detroit, Michigan, General Motors
(NYSE: GM) -- http://www.gm.com/-- is one of the world's largest
automakers, traces its roots back to 1908.

General Motors Co. was formed to acquire the operations of
General Motors Corp. through a sale under 11 U.S.C. Sec. 363
following Old GM's bankruptcy filing.  The U.S. government
provided financing.  The deal was closed July 10, 2009, and Old GM
changed its name to Motors Liquidation Co.

Old GM -- General Motors Corporation -- filed for Chapter 11
protection (Bankr. S.D.N.Y. Lead Case No. 09-50026) on June 1,
2009.  The Honorable Robert E. Gerber presides over the
Chapter 11 cases.  The Debtors tapped Weil, Gotshal & Manges LLP
Jenner & Block LLP and Honigman Miller Schwartz and Cohn LLP as
counsel; and Morgan Stanley, Evercore Partners and the Blackstone
Group LLP as financial advisor.  Garden City Group is the claims
and notice agent of the Debtors.

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

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

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


GLOBAL COMPUTER: Wants to Hire Coburn & Greenbaum as Consultant
---------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Virginia will
convene a hearing on Oct. 13, 2015, at 11:00 a.m., to consider
Global Computer Enterprises, Inc.'s motion to employ Barry Coburn,
Esq., along with his colleague Kara Allen, Esq., and his firm
Coburn & Greenbaum PLLC as consultant and expert witness as of Aug.
6, 2015.

Mr. Coburn will assist the Debtor and the Debtor's special counsel
with respect to the SEF Litigation and white collar criminal law.
The Debtor also sought permission to employ
Mr. Coburn as a potential expert witness.

Mr. Coburn's services may include consulting with the Debtor's
special counsel, reviewing documents, interviewing witnesses,
researching the applicable law, and if requested, testifying at
deposition or trial.

Mr. Coburn, Ms. Allen and their firm will provide the Debtor and
Debtor's special counsel with monthly statements for services
rendered and costs and expenses incurred every 30 days.  For
consulting and expert witness services, Mr. Coburn's fees are based
on his standard hourly rate of $650 per hour.  Ms. Allen's rate is
$375 per hour.

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

                      About Global Computer

Global Computer Enterprises, Inc., doing business as GCE, is a
cloud-based "software as a service" provider, commonly referred to
as a "SAAS," offering financial management solutions primarily to
executive departments of the federal government and independent
federal government agencies.  GCE sought protection under Chapter
11 of the Bankruptcy Code (Case No. 14-13290, Bankr. E.D. Va.) on
Sept. 4, 2014.  The case is assigned to Judge Robert G. Mayer.

The Debtor's counsel is David I. Swan, Esq., at McGuirewoods LLP,
in McLean, Virginia.  The Debtor's financial advisor is Weinsweig
Advisors.  The petition was signed by Mike Freeman, interim chief
operating officer.

Judge Mayer designated Mike Freeman to perform duties imposed upon
GCE by the Bankruptcy Code.

The U.S. Trustee for Region 4 appointed three creditors of Global
Computer Enterprises, Inc. to serve on the official committee of
unsecured creditors.  The Committee tapped Armstrong Teasdale LLP,
as its counsel and Leach Travell Britt PC as its local bankruptcy
counsel.



GLOBAL MARITIME: Harvard Endowment Ensnared by Shipper's Bankruptcy
-------------------------------------------------------------------
Patrick Fitzgerald and Timothy Martin, writing for Dow Jones' Daily
Bankruptcy Review, reported that Harvard University's endowment
manager is taking a hit from the collapse of Global Maritime
Investments Cyprus Ltd., a hedge-fund-turned-dry-bulk shipper that
filed for bankruptcy protection earlier this week.

According to the report, Harvard Management Co., which oversees
Harvard's $36 billion endowment, owns 48% of Global Maritime
Investments Cyprus Ltd., a money-losing dry bulk shipper that filed
for chapter 11 protection on Sept. 15.  An affiliate of the
endowment manger has agreed to lend $2 million to the company to
safeguard Global Maritime's ships around the globe from being
seized by creditors, the report related.

                   About Global Maritime

GMI USA Management, Inc., Global Maritime Investments Cyprus
Limited, Global Maritime Investments Holdings Cyprus Limited, GMI
Resources (Singapore) PTE Limited and Global Maritime Investments
Vessel Holdings PTE Ltd filed Chapter 11 bankruptcy petitions
(Bankr. S.D.N.Y. Case Nos. 15-12552 to 15-12556) on Sept. 15,
2015.

Debtor GMI USA Management is a recently formed New York
corporation.  All of the other Debtors are foreign corporations
based in either Singapore or Cyrus.

Global Maritime Investments Holdings Cyprus Limited is a holding
company that owns 100% of the outstanding shares of each of (i)
Debtor GMI USA Management, Inc., (ii) Debtor Cyprus Tradeco, (iii)
Debtor Vessel Holdings, and (iv) non-Debtor GMI Panamax Pool
Limited.

Gardere Wynne Sewell, LLP, represents the Debtors as counsel.
AMA Capital Parnters serves as the Debtors' financial advisor.


GLOBAL MARITIME: Seeks to Turnover Funds to Non-Debtor Unit
-----------------------------------------------------------
Global Maritime Investments Holdings Cyprus Limited, et al., seek
authority from the Bankruptcy Court to turnover funds received by
the Debtors that rightfully belong to non-debtor affiliate GMI
Panamax Pool Ltd.

The Debtors tell the Court that when non-Debtor affiliate PoolCo
was formed, it initially held no bank accounts of its own and
PoolCo's affiliates instead put in place a system whereby payments
owed by third-parties to PoolCo were made instead to certain of its
affiliates which were then credited to PoolCo.  

PoolCo now has its own bank accounts and parties owing payments to
PoolCo should, and usually do, make those payments directly to
PoolCo.  According to the Debtors, despite PoolCo's ability to
accept direct payments now, certain third parties have continued
making payments owed to PoolCo to its affiliates instead.  Prior to
the Petitio Date, the Debtors receiving those payments would
transfer those funds to PoolCo in the ordinary course of business.

In the event the Debtors receive payments of funds rightfully owed
to PoolCo, the Debtors request authorization to turn those funds
over to PoolCo in the ordinary course of business without need for
any further order of the Court.  The Debtors assert those funds
would not constitute property of the estate, and would only be in
the Debtors' possession due to a third-party mistake.

                       About Global Maritime

GMI USA Management, Inc., Global Maritime Investments Cyprus
Limited, Global Maritime Investments Holdings Cyprus Limited, GMI
Resources (Singapore) PTE Limited and Global Maritime Investments
Vessel Holdings PTE Ltd filed Chapter 11 bankruptcy petitions
(Bankr. S.D.N.Y. Case Nos. 15-12552 to 15-12556) on Sept. 15,
2015.

The Debtors are engaged in three segments of the dry bulk shipping
markets, utilizing Freight Forward Agreements, physical "trading"
or supplying of ships for hire, and management of a dry bulk
shipping pool on behalf of ships owned directly or indirectly by
the Debtors, as well as for third party owners.

Debtor GMI USA Management is a recently formed New York
corporation.  All of the other Debtors are foreign corporations
based in either Singapore or Cyrus.

Global Maritime Investments Holdings Cyprus Limited is a holding
company that owns 100% of the outstanding shares of each of (i)
Debtor GMI USA Management, Inc., (ii) Debtor Cyprus Tradeco, (iii)
Debtor Vessel Holdings, and (iv) non-Debtor GMI Panamax Pool
Limited.

The Debtors have estimated assets in the range of $1 million to $10
million and liabilities of at least $100 million.

Gardere Wynne Sewell, LLP, represents the Debtors as counsel.
AMA Capital Parnters serves as the Debtors' financial advisor.


GLOBAL MARITIME: Wants Court Order Enforcing Automatic Stay
-----------------------------------------------------------
GMI USA Management, Inc., et al., ask the Bankruptcy Court to enter
an order enforcing and restating the automatic stay and
anti-discrimination provisions of Sections 105(a), 362, 365, and
525 of the Bankruptcy Code, prohibiting interested parties from,
among other things:

   (a) attempting to seize assets of the Debtors located outside
       of the United States;

   (b) terminating leases and executory contracts; and

   (c) seeking to revoke or otherwise limit grants to which the
       Debtors are entitled based on their status as
       debtors-in-possession in the Chapter 11 cases.

The Debtors relate their business operations are conducted
worldwide with significant assets moving through international
waters at any given time.  As a result, the Debtors have many
foreign creditors and counterparties to contracts, many of which
are unversed in or unfamiliar with the operation of the automatic
stay and other restrictions of the Bankruptcy Code.

"Notwithstanding the self-executing and global nature of sections
362, 365, and 525 of the Bankruptcy Code, not all parties affected
or potentially affected by the commencement of a chapter 11 case
are aware of these Bankruptcy Code provisions or their significance
and impact," says John P. Melko, Esq. at Gardere Wynne Sewell LLP,
counsel to the Debtors.  This, according to Mr. Melko, necessitates
a separate order of the Court to advise third parties of the
existence and effect of Sections 362, 365 and 525.

As a result of the commencement of the Chapter 11 Cases, and by
operation of law pursuant to Section 362 of the Bankruptcy Code,
the automatic stay enjoins all persons and governmental units from,
among other things: (a) commencing or continuing any judicial,
administrative, or other proceeding against the Debtors that was or
could have been commenced before the commencements of the Chapter
11 cases; (b) recovering upon a claim against any of the Debtors
that arose before the commencement of the Chapter 11 cases; and (c)
taking any action to collect, assess, or recover a claim against
any of the Debtors that arose before the Petition Date.

                        About Global Maritime

GMI USA Management, Inc., Global Maritime Investments Cyprus
Limited, Global Maritime Investments Holdings Cyprus Limited,
Global Maritime Investments Resources (Singapore) Pte. Limited
and Global Maritime Investments Vessel Holdings Pte Ltd filed
Chapter 11 bankruptcy petitions (Bankr. S.D.N.Y. Case Nos. 15-12552
to 15-12556) on Sept. 15, 2015.

The Debtors are engaged in three segments of the dry bulk shipping
markets, utilizing Freight Forward Agreements, physical "trading"
or supplying of ships for hire, and management of a dry bulk
shipping pool on behalf of ships owned directly or indirectly by
the Debtors, as well as for third party owners.

Debtor GMI USA Management is a recently formed New York
corporation.  All of the other Debtors are foreign corporations
based in either Singapore or Cyrus.

Global Maritime Investments Holdings Cyprus Limited is a holding
company that owns 100% of the outstanding shares of each of (i)
Debtor GMI USA Management, Inc., (ii) Debtor Cyprus Tradeco, (iii)
Debtor Vessel Holdings, and (iv) non-Debtor GMI Panamax Pool
Limited.

The Debtors have estimated assets in the range of $1 million to $10
million and liabilities of at least $100 million.

Gardere Wynne Sewell, LLP, represents the Debtors as counsel.
AMA Capital Parnters serves as the Debtors' financial advisor.


GRAY TELEVISION: Schurz Deal Won't Impact Moody's Ratings
---------------------------------------------------------
Moody's says Gray Television, Inc.'s announced agreement to acquire
all of Schurz Communications, Inc.'s television and radio stations
in a cash transaction that values the assets at $442.5 million has
no immediate impact on credit ratings. As proposed, the transaction
has no immediate impact on Gray's credit ratings as Moody's
projects the company's operating performance and credit metrics to
remain within the B2 rating in the first year post-closing. The
acquisition is expected to close by the end of 1Q2016 subject to
regulatory clearance and other approvals. To facilitate regulatory
approval, Gray plans to divest or swap the Shurz CBS television
station in South Bend and the Gray ABC station in Wichita. The
acquisition includes three radio stations accounting for less than
1% of cash flow. Since FYE2013, the company has completed 13
acquisitions (including Schurz) increasing its portfolio by more
than 30 stations. Ratings incorporate Moody's expectation that the
company will remain acquisitive. Assuming existing notes remain in
place and all incremental debt incurred to finance the acquisition
is secured, Moody's does not anticipate changes in instrument
ratings.

Gray Television, Inc., headquartered in Atlanta, GA, is a
television broadcaster and pro forma for the Schurz acquisition
will own 87 television stations serving 49 mid-sized markets
(ranked #61 to #209) and more than 80 additional channels covering
roughly 9.3% of US households. Network affiliations include 35 CBS,
25 NBC, 19 ABC, and 13 FOX channels. The company operates the #1 or
#2 ranked stations in 48 of 49 markets. Gray is publicly traded and
its shares are widely held with the family and affiliates of the
late J. Mack Robinson collectively owning approximately 12% of
common stock. The dual class equity structure provides these
affiliated entities with roughly 44% of voting control. Estimated
pro forma revenue totaled $774 million for FY2014.


GREEN FIELD: Court Denies Moreno, et. al.'s Motion to Dismiss
-------------------------------------------------------------
Judge Kevin Gross of the United States Bankruptcy Court for the
District of Delaware denied the motion of Michael B. Moreno, and
certain affiliated entities, seeking the dismissal of an adversary
complaint filed by Alan Halperin, as Trustee of the GFES
Liquidation Trust.

Green Field Energy Services was, until September 2011, formerly
known as Hub City Industries, LLC. Hub City was engaged in
hydraulic fracturing, or “fracking.” On May 2011, defendants
MOR MGH Holdings, LLC (“MOR MGH”) and Moody, Moreno and Rucks,
LLC (“MMR”) bought out the members of Hub City. Mr. Moreno
indirectly holds a 100% ownership interest in MOR MGH and a
one-third ownership interest in MMR.

“PowerGen" is a Green Field-owned technology and/or business
opportunity which was allegedly usurped by Mr. Moreno and
Moreno-controlled entities. PowerGen essentially refers to portable
turbine engines used to generate power at well sites. What
distinguished the PowerGen turbines is that they could run on
"field gas" extracted onsite, thus saving the costs associated with
transporting diesel fuel to well sites and reducing emissions.
Further, users could sell excess power generated by PowerGen
turbines to local power grids, resulting in an additional revenue
stream. The PowerGen turbines were sold or rented by Turbine
Powered Technology, LLC ("TPT"). Green Field owned 50% of TPT while
Ted McIntyre, who developed the PowerGen technology, indirectly
owned the other 50%.

In March 2013, Mr. Moreno caused entities under his control to form
Turbine Generation Services, LLC ("TGS"). TGS is wholly owned by
MOR DOH Holdings, LLC ("MOR DOH"). In March 2013, MOR DOH was
wholly owned by two trusts which were in turn controlled by Mr.
Moreno or his family members. So, Mr. Moreno indirectly held a
controlling ownership interest in TGS. In May 2013, Green Field's
shareholders (essentially MOR MGH and MMR, both Moreno-controlled
entities) and the four Green Field board members executed a written
waiver formally waiving the opportunity for Green Field to pursue
the PowerGen business and agreeing that Moreno, TGS and TPT could
pursue the business outside of Green Field (the "PowerGen Waiver").
In connection with the PowerGen Waiver, Green Field's board of
directors did not review any materials, presentations or other
documents, nor did they hire financial advisors or appoint a
special committee to investigate or analyze the waiver.

The fortunes of Green Field's fracking business were largely tied
to a single customer: SWEPI LP ("Shell"). By the end of 2012, Shell
accounted for 79% of company-wide revenues. Over the course of
Green Field's post-acquisition fracking operations, Shell accounted
for 92% of its fracking revenues.

In August 2013, Shell informed Green Field that it would terminate
its use of Green Field's fracking services.  On October 8, 2013,
Shell delivered a notice of loan default to Green Field which
triggered a cross default under the indenture governing Green
Field's senior secured notes. On October 27, 2013, Green Field and
certain of its affiliates filed voluntary petitions for relief
under chapter 11 of the Bankruptcy Code. As of the Petition Date,
the Debtors had approximately $434.5 million in outstanding debt
obligations, which includes $80 under a revolving credit facility
with Shell (the "Shell Revolver"), $255.9 million in senior secured
notes and $98.6 million in trade debt. On April 23, 2014, the Court
entered an order (the "Confirmation Order") confirming the Debtors'
chapter 11 plan (the "Plan"). The effective date of the Plan was
May 12, 2014

Subsequent to the Petition Date, Mr. Moreno and certain
Moreno-affiliated entities filed proofs of claim against the
Debtors' bankruptcy estate.

The Complaint filed by Trustee Alan Halperin includes counts for
fraudulent and preferential transfer, breach of fiduciary duty and
breach of contract, as well as a series of objections to claim. On
June 8, 2015, the Defendants filed their motion (the "Motion")
seeking dismissal of all counts of the Complaint implicating them.

In his Memorandum Opinion, Judge Gross made a Rule 2(b)(6) analysis
for each count and held that such analysis was bound to its own
well-pleaded facts. He further held that to uggest that courts
should prescribe rules under which certain claims must be pleaded
in a particular manner in all cases misses the point entirely.
Judge Gross added that the Court would enter a separate order.

The case is In re: GREEN FIELD ENERGY SERVICES, INC., et al.,
Chapter 11, Debtors. ALAN HALPERIN, AS TRUSTEE OF THE GFES
LIQUIDATION TRUST, Plaintiff, v. MICHAEL B. MORENO, et al.,
Defendants, CASE NO. 13-12783 (KG), ADV. PRO. NO. 15-50262 (KG).

A full-text copy of Judge Gross' Memorandum Opinion dated August
31, 2015, is available at http://is.gd/mTySAKfrom Leagle.com

Alan Halperin, as Trustee of the GFES Liquidation Trust is
represented by:

          Thomas M. Horan, Esq.
          Steven K. Kortanek, Esq.
          Morgan L. Patterson, Esq.
          WOMBLE CARLYLE SANDRIDGE & RICE, LLP
          222 Delaware Avenue
          Suite 1501
          Wilmington, DE 19801
          Telephone: (302)252-4320
          Facsimile: (302)252-4330
          Email: thoran@wcsr.com
                 skortanek@wcsr.com
                 MPatterson@wcsr.com

Michel B. Moreno is represented by:

          Alison R. Ashmore, Esq.
          Jeffrey R. Fine, Esq.
          Aaron M. Kaufman, Esq.
          Deborah D. Williamson, Esq.
          DYKEMA GOSSETT PLLC
          Comerica Bank Tower          
          1717 Main Street
          Suite 4200
          Dallas, TX 75201
          Telephone: (214)462-6400
          Facsimile: (214)462-6401
          Email: aashmore@dykema.com
                 jfine@dykema.com
                 akaufman@dykema.com
                 dwilliamson@dykema.com

Moody, Moreno and Rucks, LLC is represented by:

          Henry Perret, Esq.
          PERRET DOISE LLC
          1301 Camellia Blvd, #400
          Lafayette, LA 70508
          Telephone: (337)593-4900

             -- and --

          Stephen W. Spence, Esq.
          PHILLIPS, GOLDMAN & SPENCE, P.A.
          1200 N. Broom Street
          Wilmington, DE 19806
          Telephone: (302)655-4200
          Email: sws@pgslaw.com

Dynamic Group Holdings, LLC is represented by:

          Geoffrey G. Grivner, Esq.
          BUCHANAN INGERSOLL & ROONEY PC
          919 North Market Street, Suite 1500
          Wilmington, DE 19801-3046
          Telephone: (302)442-4207
          Facsimile: (302)552-4295
          Email: geoffrey.grivner@bipc.com

MOR MGH Holdings LLC, et. al. are represented by:

          Marc J. Phillips, Esq.
          MANION GAYNOR & MANNING LLP
          1007 North Orange St., 10th Floor
          Wilmington, DE 19801
          Telephone: (302)657-2100
          Facsimile: (302)657-2104
          Email: mphillips@mgmlaw.com

                   About Green Field Energy

Green Field Energy Services, Inc., is an independent oilfield
services company that provides a wide range of services to oil and
natural gas drilling and production companies to help develop and
enhance the production of hydrocarbons.  The Company's services
include hydraulic fracturing, cementing, coiled tubing, pressure
pumping, acidizing and other pumping services.

Green Field Energy and two affiliates filed Chapter 11 petitions
in Delaware on Oct. 27, 2013, after defaulting on an $80 million
credit provided by an affiliate of Royal Dutch Shell Plc (Bankr.
D. Del. Case No. 13-bk-12783).

The Debtors hired Michael R. Nestor, Esq., and Kara Hammon Coyle,
Esq., at Young Conaway Stargatt & Taylor, LLP, in Wilmington,
Delaware; and Josef S. Athanas, Esq., Caroline A. Reckler, Esq.,
Sarah E. Barr, Esq., and Matthew L. Warren, Esq., at Latham &
Watkins LLP, in Chicago, Illinois, as attorneys.

Carl Marks Advisory Group LLC was hired as investment banker, and
Thomas E. Hill, from Alvarez & Marsal North America, LLC, was
hired
as the Debtors' chief restructuring officer.

In its schedules, Green Field disclosed $306,960,039 in total
assets and $447,199,869 in total liabilities.

Roberta A. DeAngelis, The U.S. Trustee for Region 3, appointed six
members to the official committee of unsecured creditors in the
Chapter 11 cases of Green Field Energy Services, Inc., et al.

The Bankruptcy Court authorized the U.S. Trustee to appoint Steven
A. Felsenthal, Esq., as examiner.  He retained The Hogan Firm as
his counsel.

Leslie Turk, writing for Theind.com, reports that the case was
later converted to a Chapter 7 and its assets liquidated in a sale.


HAGGEN HOLDINGS: Can Hire KCC as Claims and Noticing Agent
----------------------------------------------------------
The Bankruptcy Court authorized Haggen Holdings, LLC, et al., to
employ Kurtzman Carson Consultants LLC as their claims and noticing
agent, effective as of the Petition Date.

The Court authorized KCC to serve as the custodian of court records
and repository for all proofs of claim filed in the Debtors'
cases.

The Debtors are permitted to pay KCC in accordance with the terms
of the Services Agreement upon the receipt of reasonably detailed
invoices setting forth the services provided by KCC and the rates
charged for each, and to reimburse KCC for all reasonable and
necessary expenses it may incur.

                           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 acts as the
Debtors' general counsel.  Alvarez & Marsal North America, LLC,
represents as the Debtors' financial advisor.  Kurtzman Carson
Consultants LLC serves 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: Gets Interim Approval to Pay $26.2MM to Vendors
----------------------------------------------------------------
Haggen Holdings, LLC, and its debtor affiliates obtained interim
permission from the Bankruptcy Court to pay PACA/PASA claims of up
to $5.2 million, lien claims of up to $6 million, and critical
vendor Claims of up to $15 million.

A final hearing will be held on Oct. 5, at 11:00 a.m.  Objections
are due Sept. 28.

The Debtors are directed to notify and consult with the agent under
the DIP Facility prior to making any payments.

PACA Claims are prepetition claims arising under the Perishable
Agricultural Commodities Act of 1930.  PASA Claims are prepetition
claims arising under the Packers and Stockyards Act of 1921.

Lien Claims are prepetition claims upon which a lien may arise as a
result of the  Debtors' shipping and distribution network,
mechanic's liens, artisan's liens, materialman's liens or any other
similar liens.

Critical Vendor Claims are prepetition claims of certain critical
vendors and service providers.

                            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 acts as the
Debtors' general counsel.  Alvarez & Marsal North America, LLC,
represents as the Debtors' financial advisor.  Kurtzman Carson
Consultants LLC serves 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: Gets Okay to Continue Store Closings
-----------------------------------------------------
Judge Kevin Gross of the U.S. Bankruptcy Court for the District of
Delaware authorized Haggen Holdings, LLC, et al., to immediately
continue conducting going-out-of-business sales for some of their
store locations which they consider to be unprofitable.

Haggen had sought the Bankruptcy Court's authority to assume a an
agreement with Hilco Merchant Resources, LLC in late August 2015 to
conduct the sales for 27 of its stores.  The Closing Sales
commenced on Aug. 26, 2015, and is expected to terminate no later
than Sept. 30, 2015.

Pursuant to the Court's Order, the Agent and the landlords for the
Closing Stores are permitted to enter into letter agreements
governing the conduct of the Sales.

Judge Gross clarified that the Order does not cover the guidelines
governing the Sales.

Following the Debtors' acquisition of 146 grocery stores from
Albertson's LLC and Safeway, Inc., their liquidity dropped
precipitously.  As a result of, among other things, these liquidity
issues, Haggen determined to close several of its recently acquired
stores.

A hearing will be held on Sept. 24, 2015, at 1:00 p.m. to consider
entry of an Interim Order.  Objections are due Sept. 21.

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.  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.

A copy of the 3-page Sale Order is available for free at:

   http://bankrupt.com/misc/66_HAGGEN_OrdContinueClosing.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 serves 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.


HAT TA BOOT: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------
Debtor: Hat Ta Boot Sales, Inc.
           dba Leathers To Boot
           dba Boot Town USA
           dba Boot Hide Out
           dba CJ Lucchese Cowboy Boots
        10 Country House Way
        Columbus, NJ 08022

Case No.: 15-27418

Chapter 11 Petition Date: September 16, 2015

Court: United States Bankruptcy Court
       District of New Jersey (Trenton)

Judge: Hon. Michael B. Kaplan

Debtor's Counsel: Carrie J. Boyle, Esq.
                  MCDOWELL POSTERNOCK APELL & DETRICK
                  46 West Main St
                  Maple Shade, NJ 08052
                  Tel: 856-482-5544
                  Fax: 856-482-5511
                  Email: cboyle@mpadlaw.com

Total Assets: $956,919

Total Liabilities: $1.15 million

The petition was signed by Quintin D'Imperio, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/njb15-27418.pdf


HD SUPPLY: Elects to Redeem $675-Mil. 11% Senior Notes due 2020
---------------------------------------------------------------
HD Supply, Inc., an indirect wholly-owned subsidiary of HD Supply
Holdings, Inc., gave notice of conditional full redemption pursuant
to the Indenture, dated as of April 12, 2012, as supplemented,
among the Company, Wilmington Trust, National Association, as
Trustee and Second Priority Note Collateral Agent, and the
subsidiary guarantors party thereto, that the Company has elected
to redeem all of its outstanding 11% Senior Secured Second Priority
Notes due 2020 totaling $675 million in aggregate principal amount.


The redemption is subject to the satisfaction of specified
conditions precedent set forth in the redemption notice, including
the consummation on or prior to the redemption date of the
previously announced sale of the Company's Power Solutions business
to Anixter Inc. and receipt by the Company of cash proceeds
therefrom in an amount of at least $825 million (subject to
customary post-closing working capital and other adjustments, as
described in the Purchase Agreement, dated as of July 15, 2015, by
and among the Company, HD Supply Holdings, LLC, HD Supply GP &
Management, Inc., HD Supply Power Solutions Group, Inc., Brafasco
Holdings II, Inc. and Anixter Inc.).

The redemption price with respect to any redeemed note will be
equal to 100.000% of the principal amount of such note, plus the
Applicable Premium (calculated in accordance with the definition
thereof in the Indenture), plus accrued but unpaid interest thereon
to the redemption date.

The Company gives no assurances that the conditions precedent to
the redemption will be satisfied or that the redemption will
occur.

                         About HD Supply

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

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

                           *     *     *

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

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


HEALTH DIAGNOSTIC: Cooley LLP Approved as Committee Counsel
-----------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Virginia
authorized the Official Committee of Unsecured Creditors in the
Chapter 11 cases of Health Diagnostic Laboratory, Inc., et al., to
retain Cooley LLP as its counsel nunc pro tunc to June 17, 2015.

Richard S. Kanowitz, Esq., at Cooley LLP, in support of the
retention application, told the Court that the hourly rates of the
Cooley professionals anticipated to be primarily staffed on the
matter are:

      Attorney                Status             Standard Rate
      --------                ------             -------------
      Jay R. Indyke           Partner               $1,055
      Richard S. Kanowitz     Partner                 $950
      Douglas P. Lobel        Partner                 $945
      Wendy Goldstein         Partner                 $905
      Eric J. Haber           Special Counsel         $835
      Robert B. Winning       Associate               $655
      Jeremy H. Rothstein     Associate               $470
      Hilarie Laing           Paralegal               $320
      Rebecca Goldstein       Paralegal               $300
      Justin Royer            Paralegal               $235

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

The firm can be reached at:

         Douglas P. Lobel, Esq.
         Richard S. Kanowitz, Esq.
         Jay R. Indyke, Esq.
         Cooley LLP
         One Freedom Square
         Reston Town Center
         11951 Freedom Drive
         Reston, VA 20190
         Tel: (703) 456-8000
         Fax: (703) 456-8100
         E-mails: dlobel@cooley.com
                  rkanowitz@cooley.com
                  jindyke@cooley.com

                      About Health Diagnostic

Health Diagnostic Laboratory, Inc., Central Medical Laboratory,
LLC, and Integrated Health Leaders, LLC, are health care businesses
based in Richmond, Virginia.  HDL is a blood testing company.

Health Diagnostic Laboratory, Inc. (Bankr. E.D. Va. Case No.
15-32919) and affiliates Central Medical Laboratory, LLC (Bankr.
E.D. Va. Case No. 15-32920) and Integrated Health Leaders, LLC
(Bankr. E.D. Va. Case No. 15-32921) filed separate Chapter 11
bankruptcy petitions on June 7, 2015.  The petitions were signed by
Martin McGahan, chief restructuring officer.  The Company disclosed
$96,130,468 in assets and $108,328,110 in liabiities as of the
Chapter 11 filing.

Justin F. Paget, Esq., Tyler P. Brown, Esq., Jason W. Harbour,
Esq., and Henry P. (Toby) Long, III, Esq. At Hunton & Williams LLP
serve as the Debtors' bankruptcy counsel.  Alvarez & Marsal is the
Debtors' financial advisor.  Robert S. Westermann, Esq., at
Hirshler Fleisher, P.C., serve as the Debtors' conflicts counsel.
American Legal Claims Services, LLC, is the Debtors' claims,
noticing and balloting agent.

Ettin Group, LLC will market and sell the miscellaneous equipment
and other assets.  MTS Health Partners, L.P. serves as investment
banker.

The Official Committee of Unsecured Creditors retained Cooley LLP
as its counsel, Protiviti Inc. as its financial advisor.


HEALTH DIAGNOSTIC: Files Schedules of Assets and Liabilities
------------------------------------------------------------
Health Diagnostic Laboratory, Inc., filed with the U.S. Bankruptcy
Court for the Eastern District of Virginia Health its schedules of
assets and liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                        $0
  B. Personal Property           $96,130,468
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $20,647,367
  E. Creditors Holding
     Unsecured Priority
     Claims                                        $1,732,469
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                       $85,948,274
                                 -----------      -----------
        Total                    $96,130,468     $108,328,110

A copy of the schedules is available for free at
http://bankrupt.com/misc/HealthDiagnostic_283_July21SAL.pdf

                      About Health Diagnostic

Health Diagnostic Laboratory, Inc., Central Medical Laboratory,
LLC, and Integrated Health Leaders, LLC, are health care businesses
based in Richmond, Virginia.  HDL is a blood testing company.

Health Diagnostic Laboratory, Inc. (Bankr. E.D. Va. Case No.
15-32919) and affiliates Central Medical Laboratory, LLC (Bankr.
E.D. Va. Case No. 15-32920) and Integrated Health Leaders, LLC
(Bankr. E.D. Va. Case No. 15-32921) filed separate Chapter 11
bankruptcy petitions on June 7, 2015.  The petitions were signed by
Martin McGahan, chief restructuring officer.  The Company disclosed
$96,130,468 in assets and $108,328,110 in liabiities as of the
Chapter 11 filing.

Justin F. Paget, Esq., Tyler P. Brown, Esq., Jason W. Harbour,
Esq., and Henry P. (Toby) Long, III, Esq. At Hunton & Williams LLP
serve as the Debtors' bankruptcy counsel.  Alvarez & Marsal is the
Debtors' financial advisor.  Robert S. Westermann, Esq., at
Hirshler Fleisher, P.C., serve as the Debtors' conflicts counsel.
American Legal Claims Services, LLC, is the Debtors' claims,
noticing and balloting agent.

Ettin Group, LLC will market and sell the miscellaneous equipment
and other assets.  MTS Health Partners, L.P. serves as investment
banker.

The Official Committee of Unsecured Creditors retained Cooley LLP
as its counsel, Protiviti Inc. as its financial advisor.


HEALTH DIAGNOSTIC: Hirschler Fleischer Okayed as Conflicts Counsel
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Virginia
authorized Health Diagnostic Laboratory, Inc., et al., to employ
Hirschler Fleischer, P.C. as their special conflicts counsel.

Hirschler Fleischer will represent the Debtors in certain limited
aspects of the reorganization nunc pro tunc to the Petition Date.

Contemporaneously herewith, the Debtors have filed an application
to employ Hunton & Williams, LLP as bankruptcy counsel.  According
to the Debtor, Hunton & Williams has a conflict of interest which
prevents it from acting on behalf of the Debtors in connection with
any actions or matters adverse to Branch Banking & Trust Company
and BB&T Equipment Finance.

Hirschler Fleischer has discussed the division of responsibilities
with Hunton & Williams and will make every effort to avoid
duplication of efforts in the Chapter 11 cases.

Robert S. Westermann, a shareholder of Hirschler Fleischer, which
maintains an office for the practice of law at 2100 East Cary
Street, Richmond, Virginia, tells the Court that Hirschler
Fleischer intends to (i) charge for its legal services on an hourly
basis in accordance with its ordinary and customary hourly rates in
effect on the date the services are rendered; and (ii) seek
reimbursement of actual and necessary out-of-pocket expenses.

The Hirschler Fleischer professionals and paraprofessionals
expected to be most active in the cases and their current hourly
rates include:

         Professional                    Rate Per Hour
          ------------                   --------------
          J. Benjamin English                $460
          Robert S. Westermann, shareholder  $420
          Rachel A. Greenleaf, associate     $245

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

                      About Health Diagnostic

Health Diagnostic Laboratory, Inc., Central Medical Laboratory,
LLC, and Integrated Health Leaders, LLC, are health care businesses
based in Richmond, Virginia.  HDL is a blood testing company.

Health Diagnostic Laboratory, Inc. (Bankr. E.D. Va. Case No.
15-32919) and affiliates Central Medical Laboratory, LLC (Bankr.
E.D. Va. Case No. 15-32920) and Integrated Health Leaders, LLC
(Bankr. E.D. Va. Case No. 15-32921) filed separate Chapter 11
bankruptcy petitions on June 7, 2015.  The petitions were signed by
Martin McGahan, chief restructuring officer.  The Company disclosed
$96,130,468 in assets and $108,328,110 in liabiities as of the
Chapter 11 filing.

Justin F. Paget, Esq., Tyler P. Brown, Esq., Jason W. Harbour,
Esq., and Henry P. (Toby) Long, III, Esq. At Hunton & Williams LLP
serve as the Debtors' bankruptcy counsel.  Alvarez & Marsal is the
Debtors' financial advisor.  Robert S. Westermann, Esq., at
Hirshler Fleisher, P.C., serve as the Debtors' conflicts counsel.
American Legal Claims Services, LLC, is the Debtors' claims,
noticing and balloting agent.

Ettin Group, LLC will market and sell the miscellaneous equipment
and other assets.  MTS Health Partners, L.P. serves as investment
banker.

The Official Committee of Unsecured Creditors retained Cooley LLP
as its counsel, Protiviti Inc. as its financial advisor.


HEALTH DIAGNOSTIC: MTS Health Approved as Investment Banker
-----------------------------------------------------------
The Hon. Kevin R. Huennekens of the U.S. Bankruptcy Court for the
Eastern District of Virginia authorized Health Diagnostic
Laboratory, Inc., et al., to employ MTS Health Partners, L.P., as
investment banker for the Debtors nunc pro tunc to June 19, 2015.

MTS is expected to, among other things,

  (a) review and analyze the Debtors' businesses, including without
limitation the operations and financial projections of the
businesses operated by the Debtors;

  (b) assist in the preparation and analysis of business plans and
other projections, reports or analyses;

  (c) rendering financial advice to the Debtors and participating
in meetings or negotiations with stakeholders of Debtors or other
appropriate parties in connection with any sale transaction;

MTS' retention is meant to complement, and not duplicate, the
services of Alvarez & Marsal Healthcare Industry Group, LLC.

MTS' fee structure includes:

   (a) monthly fees of $50,000 shall be payable in cash on
each monthly anniversary date from the date of the engagement
letter;

   (b) if, during the term or within eighteen months thereafter,
(i) a Sale Transaction is consummated or (ii) the Debtors enter
into an agreement regarding a Sale Transaction that is subsequently
consummated, then a success fee of 1% of the Total Consideration
will be payable, provided further that in no event will the success
fee be less than $500,000, regardless of the total consideration.
25% of the first four payments under Section 3(a) of the Engagement
Letter will be credited against any success fee.

   (c) in addition to fees payable to MTS under the engagement
letter, the Company agrees to promptly reimburse MTS, upon monthly
request, for its reasonable out-of-pocket expenses incurred in
connection with MTS' activities under the engagement letter.

   (d) as part of the compensation payable to MTS under the
engagement letter, the Company agrees to the indemnification and
contribution provisions.

   (e) in the event that a Sale Transaction is consummated, all
fees and expenses payable to MTS under the Engagement Letter,
including, without limitation, the Monthly Fee and the Success Fee,
shall be paid out of the proceeds from such Sale Transaction unless
any fees and expenses have previously been paid to MTS in
accordance with the terms of t the Engagement Letter

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

Branch Banking and Trust Company and BB&T Equipment Finance
Corporation had filed a limited objection, stating that to the
extent it seeks to use BB&T's cash collateral to pay MTS in the
event a sale transaction is not consummated and fails to pay BB&T
on its rightful lien claims.

BB&T provided prepetition financing to Debtor Health Diagnostic
Laboratory, Inc.

BB&T is represented by:

         Jonathan L. Hauser
         TROUTMAN SANDERS LLP
         222 Central Park Avenue, Suite 2000
         Virginia Beach, VA 23462
         Tel: (757) 687-7768
         Fax: (757) 687-1505
         E-mail: jonathan.hauser@troutmansanders.com

            -- and --

         Richard E. Hagerty, Esq.
         TROUTMAN SANDERS LLP
         1850 Towers Crescent Plaza, Suite 500
         Tysons Corner, VA 22182
         Tel: (703) 734-4326
         Fax: (703) 448-6520
         E-mail: richard.hagerty@troutmansanders.com

                      About Health Diagnostic

Health Diagnostic Laboratory, Inc., Central Medical Laboratory,
LLC, and Integrated Health Leaders, LLC, are health care businesses
based in Richmond, Virginia.  HDL is a blood testing company.

Health Diagnostic Laboratory, Inc. (Bankr. E.D. Va. Case No.
15-32919) and affiliates Central Medical Laboratory, LLC (Bankr.
E.D. Va. Case No. 15-32920) and Integrated Health Leaders, LLC
(Bankr. E.D. Va. Case No. 15-32921) filed separate Chapter 11
bankruptcy petitions on June 7, 2015.  The petitions were signed by
Martin McGahan, chief restructuring officer.  The Company disclosed
$96,130,468 in assets and $108,328,110 in liabiities as of the
Chapter 11 filing.

Justin F. Paget, Esq., Tyler P. Brown, Esq., Jason W. Harbour,
Esq., and Henry P. (Toby) Long, III, Esq. At Hunton & Williams LLP
serve as the Debtors' bankruptcy counsel.  Alvarez & Marsal is the
Debtors' financial advisor.  Robert S. Westermann, Esq., at
Hirshler Fleisher, P.C., serve as the Debtors' conflicts counsel.
American Legal Claims Services, LLC, is the Debtors' claims,
noticing and balloting agent.

Ettin Group, LLC will market and sell the miscellaneous equipment
and other assets.  MTS Health Partners, L.P. serves as investment
banker.

The Official Committee of Unsecured Creditors retained Cooley LLP
as its counsel, Protiviti Inc. as its financial advisor.


HEALTH DIAGNOSTIC: Sale of Miscellaneous Equipment Approved
-----------------------------------------------------------
The United States Bankruptcy Court for the Eastern District of
Virginia, Richmond Division, at the behest of Health Diagnostic
Laboratory, Inc., et al., authorized the Debtors to retain Ettin
Group LLC and sell miscellaneous equipment free and clear of liens,
claims and encumbrances.

The Debtors consulted the official committee of unsecured creditors
on the hiring.

Branch Banking and Trust Company and BB&T Equipment Finance
Corporation objected to the Debtors' Motion to sell, asserting that
they have properly perfected first and second priority security
interests in the Equipment. The extent, validity and priority of
those security interests have not been disputed by any party. BB&T
would, however, consent to the sale of the Equipment if the sale
proceeds were paid to BB&T in curtailment of its debt.

To appease BB&T, the court ordered that with respect to the net
cash proceeds of the sale of the Miscellaneous Equipment, BB&T will
receive at the closing of the sale 30% of the net cash proceeds (or
$325,000, whichever is higher). The remaining proceeds will be
deposited into a separate escrow account of the Debtors.

Branch Banking and Trust Company and BB&T Equipment Finance
Corporation are represented by:

          Jonathan L. Hauser, Esq.
          TROUTMAN SANDERS LLP
          222 Central Park Avenue, Suite 2000
          Virginia Beach, VA 23462
          Tel: (757) 687-7768
          Fax: (757) 687-1505
          Email: jonathan.hauser@troutmansanders.com

                   About Health Diagnostic

Health Diagnostic Laboratory, Inc., Central Medical Laboratory,
LLC, and Integrated Health Leaders, LLC, are health care businesses
based in Richmond, Virginia.  HDL is a blood testing company.

Health Diagnostic Laboratory, Inc. (Bankr. E.D. Va. Case No.
15-32919) and affiliates Central Medical Laboratory, LLC (Bankr.
E.D. Va. Case No. 15-32920) and Integrated Health Leaders, LLC
(Bankr. E.D. Va. Case No. 15-32921) filed separate Chapter 11
bankruptcy petitions on June 7, 2015, estimating their assets at
between $100 million and $500 million and their debts at between
$100 million and $500 million.  The petitions were signed by Martin
McGahan, chief restructuring officer.

Justin F. Paget, Esq., Tyler P. Brown, Esq., Jason W. Harbour,
Esq., and Henry P. (Toby) Long, III, Esq. At Hunton & Williams LLP
serve as the Debtors' bankruptcy counsel.  Alvarez & Marsal is the
Debtors' financial advisor.  Robert S. Westermann, Esq., at
Hirshler Fleisher, P.C., serve as the Debtors' conflicts counsel.
American Legal Claims Services, LLC, is the Debtors' claims,
noticing and balloting agent.


HEALTHWAREHOUSE.COM INC: Extends Melrose Note Maturity to Nov. 1
----------------------------------------------------------------
Healthwarehouse.com is a party to a Loan and Security Agreement,
dated as of March 28, 2013, with Melrose Capital Advisors, LLC.

Under the terms of the Loan Agreement, the Company borrowed an
aggregate of $750,000 from the Lender, including $150,000 and
$600,000 during the years ended Dec. 31, 2014, and 2013,
respectively.  The Loan is evidenced by a promissory note in the
face amount of $750,000, as amended.  The Senior Note bears
interest on the unpaid principal balance until the full amount of
principal has been paid at a floating rate equal to the prime rate
plus four and one-quarter percent (4.25%) per annum (7.50% as of
Dec. 31, 2014).  Under the terms of the Loan Agreement, the Company
has agreed to make monthly payments of accrued interest on the
first day of every month.  The principal amount and all unpaid
accrued interest on the Senior Note is payable on March 1, 2015, or
earlier in the event of default or a sale or liquidation of the
Company.  The Loan may be prepaid in whole or in part at any time
by the Company without penalty.  The Senior Note contains financial
covenants which require the Company to meet certain minimum targets
for earnings before interest, taxes and non-cash expenses,
including depreciation, amortization and stock-based compensation.

The Company granted the Lender a first priority security interest
in all of the Company's assets, in order to secure the Company's
obligation to repay the Loan, including a Deposit Account Control
Agreement, dated as of Aug. 18, 2014, which grants the Lender a
security interest in certain bank accounts of the Company.  The
Loan Agreement contains customary negative covenants restricting
the Company's ability to take certain actions without the Lender's
consent, including incurring additional indebtedness, transferring
or encumbering assets, paying dividends or making certain other
payments, and acquiring other businesses.  Upon the occurrence of
an event of default, the Lender has the right to impose interest at
a rate equal to 5.0% per annum above the otherwise applicable
interest rate.  The repayment of the Loan may be accelerated prior
to the maturity date upon certain specified events of default,
including failure to pay, bankruptcy, breach of covenant, and
breach of representations and warranties.

On March 9, 2015, the Company and the Lender entered into an
Amended and Restated Promissory Note, effective March 1, 2015,
pursuant to which the Lender agreed to extend the maturity date of
the Senior Note from March 1, 2015, to Sept. 1, 2015.  As part of
the extension, financial covenants were set which require the
Company to meet certain minimum targets for EBITDAS for the
calendar quarters ending on March 31 and June 30, 2015.  In
consideration of the Lender extending the maturity date of the
Senior Note, the Company granted the Lender a five-year warrant to
purchase 500,000 shares of common stock of the Company at an
exercise price of $0.10 per share.  The Warrant contains customary
anti-dilution provisions.

On Sept. 8, 2015, the Company and the Lender amended the Amended
and Restated Promissory Note to extend the maturity date to Nov. 1,
2015.  As part of the extension, financial covenants were set which
require the Company to meet a certain minimum target for EBITDAS
for the calendar quarter ending on Sept. 30, 2015.

                     About HealthWarehouse.com

HealthWarehouse.com, Inc., headquartered in Florence, Kentucky,
is a U.S. licensed virtual retail pharmacy ("VRP") and healthcare
e-commerce company that sells brand name and generic prescription
drugs as well as over-the-counter medical products.

Healthwarehouse.com reported a net loss attributable to common
stockholders of $2.08 million on $6.12 million of net sales for the
year ended Dec. 31, 2014, compared with a net loss attributable to
common stockholders of $7.3 million on $10.23 million of net sales
in 2013.

As of June 30, 2015, the Company had $1.2 million in total assets,
$4.7 million in total liabilities and a $3.5 million total
stockholders' deficiency.

Marcum LLP, in New York, issued a "going concern" qualification on
the consolidated financial statements for the year ended Dec. 31,
2014, citing that the Company has incurred significant losses and
needs to raise additional funds to meet its obligations and sustain
its operations.  These conditions raise substantial doubt about the
Company's ability to continue as a going concern.

                         Bankruptcy Warning

"The Company recognizes it will need to raise additional capital in
order to fund operations, meet its payment obligations and execute
its business plan.  There is no assurance that additional financing
will be available when needed or that management will be able to
obtain financing on terms acceptable to the Company and whether the
Company will become profitable and generate positive operating cash
flow.  If the Company is unable to raise sufficient additional
funds, it will have to develop and implement a plan to further
extend payables, attempt to extend note repayments, attempt to
negotiate the preferred stock redemption and reduce overhead until
sufficient additional capital is raised to support further
operations.  There can be no assurance that such a plan will be
successful.  If the Company is unable to obtain financing on a
timely basis, the Company could be forced to sell its assets,
discontinue its operation and /or seek reorganization under the
U.S. bankruptcy code," the Company stated in its quarterly report
for the period ended June 30, 2015.


HOVENSA LLC: Wants to Obtain $40 Million DIP Financing
------------------------------------------------------
Hovensa, LLC, is seeking Bankruptcy Court approval for a $40
million debtor-in-possession financing agreement with its owners,
Hess Oil Virgin Islands Corp. and PDVSA V.I.  

The Debtor intends to use the DIP Facility to ensure that it has
the financial resources to complete a sale transaction, pay the
costs of administering its Chapter 11 case, maintain its
facilities, and comply with various environmental, operational, and
safety regulations and related requirements.

Hovensa tells the Court that third-party financing is not available
as it is no longer operating.  As of the Petition Date, the Debtor
only has $750,000 of cash on hand.  Due to its declining cash
position, the Debtor asserts it has an immediate need to obtain
postpetition financing.

The DIP Facility is a senior secured, superpriority, delayed-draw
financing facility.  Of the $40 million, $10 million will be
available to the Debtor upon the entry of an interim order.  The
remaining $30 million will be available to the Debtor through
delayed draws as necessary after the entry of a final order by the
Court.

Richard H. Dollison, Esq., at the Law Offices of Richard H.
Dollison, P.C., relates one of the most favorable elements of the
DIP Facility is the Lenders' agreement to provide financing on a
junior basis with their liens subordinate to the lien held by the
the Government of the Virgin Islands in connection with the
Department of Planning and Natural Resources settlement agreement.

Interest will be payable in arrears on the first day of each month
with respect to Domestic Rate Loans.  Interest charges will be
computed on the actual principal amount of advances outstanding
during the month at a rate per annum equal to 9.00% (the "Contract
Rate").

Default interest rate is the Contract Rate plus two (2.00%) percent
per annum.

The DIP Facility will mature on the earlier to occur of:

   (a) the date of the closing of the Sale;

   (b) 150 days from the Petition Date;

   (c) the date on which the Asset Purchase Agreement in
       connection with the Sale terminates pursuant to
       its terms or is ineffective for any reason;

   (d) upon seven business days' notice to the Borrower, the date
       on which, in the reasonable judgment of the Lenders, the
       Sale process has been abandoned or is unlikely to result in

       the consummation of the Sale prior to the date that is
       150 days from the Petition Date; and

   (e) the date on which either Lender accelerates the advances
       following the occurrence of an Event of Default.

The Debtor had entered into a definitive stalking horse asset
purchase agreement with Limetree Bay Holdings, LLC, an affiliate of
ArcLight Capital Partners, LLC, under which the Debtor has agreed
to sell its assets for a purchase price of $184 million, subject to
higher and better bids.

A copy of the Debtor-in-Possession Credit Agreement is available
for free at http://bankrupt.com/misc/4_HOVENSA_DIP.pdf

                           About Hovensa

Hovensa, L.L.C. produces and markets refined petroleum products.
The Company offers gasoline, diesel, home heating oil, jet fuel,
kerosene, and residual fuel oil.  Hovensa serves customers
throughout North America.

Hovensa L.L.C. filed a Chapter 11 bankruptcy petition in the U.S.
Bankruptcy Court for the District of the Virgin Islands (Bankr. D.
V.I. Case No. 15-10003) on Sept. 15, 2015.  The petition was signed
by Sloan Schoyer as authorized signatory.  The Debtor has estimated
assets of $100 million to $500 million, and liabilities of more
than $1 billion.

The Law Offices of Richard H. Dollison, P.C., serves as the
Debtor's counsel.  Prime Clerk LLC is the Debtor's claims and
noticing agent.  

Judge Mary F. Walrath is assigned to the case.


HS GROUP: Moody's Assigns B3 Corp. Family Rating
------------------------------------------------
Moody's Investors Service assigned a B3 corporate family rating and
a B3-PD probability of default rating to HS Group Holdings, Inc.
("HelpSystems"). Moody's also assigned a B2 rating to co-borrowers
Help/Systems Holdings, Inc.'s and Help/Systems, LLC's (subsidiaries
of HS Group Holdings) 1st lien credit facilities and a Caa2 rating
to the 2nd lien term loan. The proceeds of the debt issuance are
being used to capitalize the new entity subsequent to H.I.G.
Capital's purchase of HelpSystems from Summit Partners. The rating
outlook is stable.

RATINGS RATIONALE

The B3 rating is driven by HelpSystems high leverage levels, small
scale & limited product line diversification, offset to some degree
by its highly recurring revenue streams and predictable free cash
flow generation. Moody's pro forma closing leverage is calculated
at 6.7x, excluding certain one-time costs, and over 7x including
those costs. Though the company lacks the scale of some of its
larger competitors in the IT operations management (ITOM) tools
market, the company has developed and maintained a strong niche
position within the IBM PowerSystems market. Though the Power
Systems installed base is modestly declining, Help Systems has
performed better than the market as a whole. Moody's expects
HelpSystems to continue to grow in the mid-single digit percentage
range through a combination of limited organic growth and
acquisitions. HelpSystems has consistently exhibited customer
retention rates in excess of 90% for its core PowerSystems
products. The very high customer retention rates lend visibility
into the company's revenue streams, of which approximately 72% were
derived from high-margin maintenance and support contracts in 2014.
Adjusted EBITDA margins are very strong and capex levels are
expected to be minimal, resulting in free cash flow to debt levels
near 5%. The B3 ratings also recognize the company's acquisition
appetite and private equity ownership which could lead to
persistent elevated leverage levels if HelpSystems were to attempt
larger acquisitions or if the owners pursued debt financed
dividends.

The stable outlook reflects the highly recurring nature of
HelpSystems maintenance revenue streams supported by very strong
customer retention rates and low single digit organic growth
prospects.

The ratings could be upgraded if the company were to demonstrate
relatively conservative financial policies by sustaining leverage
levels below 6x, and if free cash flow to debt levels were
maintained at over 7%.

The ratings could be downgraded if the company were to experience a
material loss of market share or revenue due to competitive
pressures or significant declines in its major end markets. The
ratings could also be downgraded if leverage exceeds 8x on other
than a temporary basis.

Liquidity is adequate based on the expectation of $20 million of
free cash flow generation over the next year and access to a $35
million revolving credit facility which is expected to be undrawn
at closing. Cash balances are expected to be nominal at closing.

Assignments:

Issuer: HS Group Holdings, Inc.

  Corporate Family Rating, Assigned B3

  Probability of Default Rating, Assigned B3-PD

Co-borrowers: Help/Systems Holdings, Inc./Help/Systems, LLC

  First Lien Senior Secured Revolving Credit Facility, Assigned
  B2 (LGD3)

  First Lien Senior Secured Term Loan Credit Facility, Assigned
  B2 (LGD3)

  Second Lien Senior Secured Term Credit Facility, Assigned Caa2
  (LGD5)

Outlook Actions:

Issuers: HS Group Holdings, Inc./Help/Systems Holdings, Inc.

  Outlook, Assigned Stable


ICONIX BRAND: S&P Lowers CCR to 'B', Off Watch Negative
-------------------------------------------------------
Standard & Poor's Ratings Services lowered its corporate credit
rating on New York City-based Iconix Brand Group Inc. to 'B' from
'B+'.  At the same time, S&P removed the rating from CreditWatch
where it placed it with negative implications on Aug. 7, 2015.  The
outlook is stable.

"The downgrade reflects our belief that Iconix's operating results
will be weaker than our previous forecast and that leverage will
remain over 5.0x as it continues to grow via acquisitions," said
Standard & Poor's credit analyst Mariola Borysiak.  "We revised our
profit forecast downward on the company as we believe revenue
growth from its Peanuts brand will be slower than our previous
forecast and that it will not be able to accelerate growth of its
existing brands.  We now anticipate the debt-to-EBITDA ratio will
reach the high-5x area at the end of 2016 and will remain at that
level for the next two years."

Standard & Poor's ratings on Iconix reflect the company's
significant debt burden and its aggressive financial policy that
encompasses debt-financed acquisitions and share repurchases, its
participation in the highly competitive apparel industry that is
susceptible to fashion risk, and the company's licensing business
model that includes contract renewal risk.  S&P has also factored
into the rating the predictable stream of royalty income given its
business model that enables it to generate consistently healthy
free cash flows.

The outlook is stable.  S&P anticipates the new management's
strategies will support profit stability, healthy levels of cash
flow, and debt leverage remaining between 5x-6x.  S&P also
anticipates that the outcome of the SEC review will have no impact
on the company's historical or projected cash flows as the gains
were non-cash, and that the company will address its June 2016
maturity in the upcoming quarters.

S&P could lower the rating over the next year if the new management
team fails to execute its strategies and cannot generate expected
levels of royalty income.  S&P could also lower the rating if the
ongoing SEC review unveils other accounting issues that could
weaken the company's earnings or cash flows, or it is unable to
address the 2016 debt maturity.

Longer term, a lower rating could result from increasingly
aggressive financial policies where the company issues incremental
debt to fund acquisitions or shareholder-friendly initiatives such
that financial leverage rises above 7.0x.

While highly unlikely over the next year, considering Iconix's
acquisitive nature, S&P could upgrade the company if it believes it
can sustain leverage below 5x.



IMPLANT SCIENCES: Names Robert Liscouski as President
-----------------------------------------------------
Implant Sciences Corporation announced the appointment of Robert
Liscouski to the position of president.  Mr. Liscouski, formerly
executive vice president, will continue to serve on the Company's
Board of Directors.  Dr. Bill McGann will continue to serve as
Implant Sciences' CEO and as a member of the company's Board of
Directors.

"Implant Sciences has undertaken a series of initiatives to enhance
the operations of the company as it continues to achieve success in
the market place and prepares for strategic growth in the years to
come.  I want to congratulate Bill McGann for leading the company
on an impressive growth," stated Michael Turmelle, Implant Sciences
Chairman of the Board of Directors.  "The Board decided that
splitting the role of CEO and President would be optimal for the
company's future growth.  We congratulate Bob Liscouski on his
promotion to this position, and look forward to his leadership and
contributions to our future success."

"Bob has proven himself to be a vital component of Implant
Sciences' success, as he continues to facilitate business growth
for the company," added Dr. Bill McGann, CEO of Implant Sciences.
"I look forward to continuing to work with him in executing the
company's vision."

"I am very proud to be a part of the Implant Sciences team," stated
Mr. Liscouski.  "The company's performance over the past six months
under Dr. McGann's leadership has been extraordinary. Bill has lead
this team and company to  become the market leader in Explosives
Trace Detection and I look forward to the continued opportunity to
help expand our business worldwide and into new, important emerging
markets, such as drug detection," he added.

Mr. Liscouski is a recognized international security and
counterterrorism expert with more than 30 years of experience as a
senior government official, business leader, entrepreneur, special
agent and law enforcement officer.  He has been executive vice
president of Implant Sciences since February, 2015, and has served
on the Implant Sciences Board of Directors since 2009.  In 2003, he
was appointed by president George W. Bush as the first assistant
secretary for Infrastructure Protection at the U.S. Department of
Homeland Security.  There he worked closely with the White House
and other federal agencies to design, develop and implement the
framework to protect the nation's critical physical and cyber
infrastructure following 9/11.  Later Mr. Liscouski founded a
strategic advisory firm specializing in technology start-ups in the
homeland security area.  Early in his career, Mr. Liscouski worked
in local law enforcement as a homicide and undercover investigator
and special agent for the Diplomatic Security Service before
joining a Fortune 100 company to develop security systems to
protect information technology and intellectual property.  Mr.
Liscouski is a frequent contributor to CNN, Fox News, and other
business and security media.

                      About Implant Sciences

Implant Sciences Corporation (OBB: IMSC.OB) --
http://www.implantsciences.com/-- develops, manufactures and
sells sensors and systems for the security, safety and defense
(SS&D) industries.

As of March 31, 2015, the Company had $8.73 million in total
assets, $83.5 million in total liabilities and a $74.8 million
total stockholders' deficit.

Marcum LLP, in Boston, Massachusetts, issued a "going concern"
qualification on the consolidated financial statements for the
year ended June 30, 2014.  The independent auditors noted that
the Company has had recurring net losses and continues to
experience negative cash flows from operations.  As of Sept. 23,
2014, the Company's principal obligation to its primary lenders
was approximately $53.4 million and accrued interest of
approximately $10.2 million.  The Company is required to repay all
borrowings and accrued interest to these lenders on March 31,
2015.  These conditions raise substantial doubt about its ability
to continue as a going concern.


JOE'S JEANS: Signs Rollover Agreement with Fireman, et al.
----------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Fireman Capital CPF Hudson Co-Invest LP and Daniel
Fireman disclosed that as of Sept. 8, 2015, they beneficially owned
5,708,231 shares of common stock of Joe's Jeans Inc., which
represents 7.5 percent of the shares outstanding.

On Sept. 8, 2015, among certain other definitive transaction
agreements, Joe's Jeans entered into an Agreement and Plan of
Merger with RG Parent, LLC, a Delaware limited liability company
and JJ Merger Sub LLC, a Delaware limited liability company and a
wholly owned subsidiary of the Issuer, pursuant to which, at the
effective time of the Merger, Merger Sub will merge with and into
RG, with RG continuing as the surviving limited liability company.

Concurrently with the execution of the Merger Agreement, the Issuer
entered into a rollover agreement with the holders of the Issuer's
Subordinated Convertible Notes, including Fireman, pursuant to
which the holders agreed to contribute to the Issuer the
Subordinated Convertible Notes in exchange for the following:

   * issuance of a number of shares of Common Stock with a value
     per share of $11.10 equal to the sum (i) of a specified
     percentage (which is fifty percent (50%) in Fireman's case)  
     of the principal amount of Subordinated Convertible Notes
     held by such noteholder, which principal amount, as of
     July 1, 2015, is an aggregate of $33,990,538 and will be
     increased by any PIK Interest payable in accordance with the
     terms of the Subordinated Convertible Notes until the time
     that is immediately prior to the Effective Time, and (ii) all

     accrued interest, including default interest as applicable,
     owing on 50% of the principal amount of such Subordinated
     Convertible Notes in accordance with the terms of the
     Subordinated Convertible Notes as of the Rollover Time, which
     amount, as of July 1, 2015, is an aggregate of $1,936,617 and
     which will continue to accrue interest in accordance with the
     terms of the Subordinated Convertible Notes until the
     Rollover Time;

   * a cash payment by the Issuer to each noteholder equal to
     25% of the principal amount of Subordinated Convertible Notes
     as of the Rollover Time held by each such holder of the
     Subordinated Convertible Notes, which principal amount, as of

     July 1, 2015, is an aggregate of $33,990,538, which will be
     increased by any PIK Interest payable in accordance with the
     terms of the Subordinated Convertible Notes until the
     Rollover Time; and

   * a modified convertible note with a principal amount equal to
     the sum of (i) a specified percentage (which is 25% in
     Fireman's case) of the principal amount of Subordinated
     Convertible Notes as of the Rollover Time held by each holder
     of the Subordinated Convertible Notes, which principal
     amount, as of July 1, 2015, is an aggregate of $33,990,538
     and will be increased by any PIK Interest payable in
     accordance with the terms of the Subordinated Convertible
     Notes until the Rollover Time, and (without duplication) (ii)

     all accrued interest, including default interest as
     applicable, owing on 50% of the principal amount of the
     Subordinated Convertible Notes in accordance with the terms
     of the Subordinated Convertible Notes as of the Rollover
     Time, which amount, as of July 1, 2015, is an aggregate of
     $1,936,617 and which will continue to accrue interest in
     accordance with the terms of the Subordinated Convertible
     Notes until the Rollover Time.

According to Schedule A of the Rollover Agreement, as of July 1,
2015, the principal amount of the Subordinated Convertible Note
held by Fireman was $10,160,654 and the accrued interest owed
thereon was $348,556.

The consummation of the transactions contemplated by the Rollover
Agreement is conditioned upon the consummation of the Merger and
the satisfaction or waiver of other customary conditions.  The
Rollover Agreement will be automatically terminated upon
termination of the Merger Agreement prior to the Rollover Time. The
Rollover Agreement may also be terminated by the Issuer or by Mr.
Kim and Fireman if the Rollover Time has not occurred prior to
April 8, 2016.

A copy of the regulatory filing is available for free at:

                         http://is.gd/YjHi5g

                          About Joe's Jeans

Joe's Jeans Inc. -- http://www.joesjeans.com/-- designs, produces  

and sells apparel and apparel-related products to the retail and
premium markets under the Joe's(R) brand and related trademarks.

In its audit report on the consolidated financial statements for
the year ended Nov. 30, 2014, Moss Adams LLP expressed substantial
doubt about the Company's ability to continue as a going concern,
citing that the Company has a net working capital deficiency due
to debt covenant violations and has suffered recurring losses from
operations.

The Company reported a net loss of $27.7 million on $189 million of
net sales for the fiscal year ended Nov. 30, 2014, compared with a
net loss of $7.31 million on $140 million of net sales in 2013.

As of Feb. 28, 2015, Joe's Jeans had $185 million in total assets,
$165 million in total liabilities and $20 million in total
stockholders' equity.

The Troubled Company Reporter, on June 9, 2015, reported that Joe's
Jeans received a letter on May 29, 2015, from The Nasdaq Stock
Market indicating that the Company had received an additional 180
days, or until Nov. 23, 2015, to regain compliance with Nasdaq
Listing Rule 5550(a)(2) by maintaining a closing bid price per
share of its common stock at $1.00 per share or more for a minimum
of 10 consecutive trading days.


JOE'S JEANS: Signs Rollover Agreement with Peter Kim
----------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Peter Kim disclosed that as of Sept. 8, 2015, he
beneficially owned 8,321,585 shares of common stock of Joe's Jeans
Inc., which represents 10.6 percent of the shares outstanding.

On Sept. 8, 2015, among certain other definitive transaction
agreements, Joe's Jeans entered into an Agreement and Plan of
Merger with RG Parent, LLC, a Delaware limited liability company,
and JJ Merger Sub LLC, a Delaware limited liability company and a
wholly owned subsidiary of the Issuer, pursuant to which, at the
effective time of the Merger, Merger Sub will merge with and into
RG, with RG continuing as the surviving limited liability company.

Concurrently with the execution of the Merger Agreement, the Issuer
entered into a rollover agreement with the holders of the Issuer's
convertible notes, pursuant to which the holders of the Convertible
Notes, agreed to contribute to the Issuer the Convertible Notes in
exchange for the following:

   * issuance of a number of shares of Common Stock with a value
     per share of $11.10 equal to the sum of (i) a specified
     percentage of the principal amount of Convertible Notes as of
     the Rollover Time held by such noteholder (25%, in the case
     of Mr. Kim), which principal amount, as of July 1, 2015, is
     an aggregate of $33,990,538 and will be increased by any PIK
     Interest payable in accordance with the terms of the
     Convertible Notes until the time that is immediately prior to

     the Effective Time, and (ii) all accrued interest, including
     default interest as applicable, owing on 50% of the principal

     amount of such Convertible Notes in accordance with the terms
     of the Convertible Notes as of the Rollover Time, which
     amount, as of July 1, 2015, is an aggregate of $1,936,617 and
     which will continue to accrue interest in accordance with the
     terms of the Convertible Notes until the Rollover Time;

   * a cash payment by the Issuer to each noteholder equal to
     25% of the principal amount of Convertible Notes as of the
     Rollover Time held by each such holder of the Convertible
     Notes, which principal amount, as of July 1, 2015, is an
     aggregate of $33,990,538, which will be increased by any PIK
     Interest payable in accordance with the terms of the
     Convertible Notes until the Rollover Time; and

   * a modified convertible note with a principal amount equal to
     the sum of (i) a specified percentage of the principal amount
     of Convertible Notes as of the Rollover Time held by such
     noteholder (50%, in the case of Mr. Kim), which principal
     amount, as of July 1, 2015, is an aggregate of $33,990,538
     and will be increased by any PIK Interest payable in
     accordance with the terms of the Convertible Notes until the
     Rollover Time, and (without duplication) and (ii) all accrued
     interest, including default interest as applicable, owing on
     50% of the principal amount of the Convertible Notes in
     accordance with the terms of the Convertible Notes as of the
     Rollover Time, which amount, as of July 1, 2015, is an   
     aggregate of $1,936,617 and which will continue to accrue
     interest in accordance with the terms of the Convertible
     Notes until the Rollover Time.

The consummation of the transactions contemplated by the Rollover
Agreement are conditioned upon the consummation of the Merger and
the satisfaction or waiver of other customary conditions.  The
Rollover Agreement will be automatically terminated upon
termination of the Merger Agreement prior to the Rollover Time. The
Rollover Agreement may also be terminated by the Issuer or by Mr.
Kim and Fireman if the Rollover Time has not occurred prior to
April 8, 2016.

A copy of the regulatory filing is available for free at:

                        http://is.gd/3XFJJe

                         About Joe's Jeans

Joe's Jeans Inc. -- http://www.joesjeans.com/-- designs, produces  

and sells apparel and apparel-related products to the retail and
premium markets under the Joe's(R) brand and related trademarks.

In its audit report on the consolidated financial statements for
the year ended Nov. 30, 2014, Moss Adams LLP expressed substantial
doubt about the Company's ability to continue as a going concern,
citing that the Company has a net working capital deficiency due
to debt covenant violations and has suffered recurring losses from
operations.

The Company reported a net loss of $27.7 million on $189 million of
net sales for the fiscal year ended Nov. 30, 2014, compared with a
net loss of $7.31 million on $140 million of net sales in 2013.

As of Feb. 28, 2015, Joe's Jeans had $185 million in total assets,
$165 million in total liabilities and $20 million in total
stockholders' equity.

The Troubled Company Reporter, on June 9, 2015, reported that Joe's
Jeans received a letter on May 29, 2015, from The Nasdaq Stock
Market indicating that the Company had received an additional 180
days, or until Nov. 23, 2015, to regain compliance with Nasdaq
Listing Rule 5550(a)(2) by maintaining a closing bid price per
share of its common stock at $1.00 per share or more for a minimum
of 10 consecutive trading days.


KIOR INC: Miss. Development Agency's $2.8MM Fee Claim Denied
------------------------------------------------------------
Matt Sharp at Bankruptcy Law360 reported that a Delaware bankruptcy
judge on Sept. 16, 2015, rejected the Mississippi Development
Authority's bid for nearly $2.8 million in fees and expenses in the
bankruptcy case of KiOR Inc., denying its substantial contribution
claim in a victory for the biofuel developer.

In a brief order, U.S. Bankruptcy Judge Christopher S. Sontchi shot
down the MDA's argument that its actions enhanced the estate's
administration and triggered "actual and demonstrable benefits" for
KiOR, the bankruptcy estate and creditors -- a claim opposed by
both KiOR and the U.S. Trustee.

                          About KiOR Inc.

KiOR, Inc., and wholly owned subsidiary KiOR Columbus, LLC, are
development stage, renewable fuels companies based in Pasadena,
Texas and Columbus, Mississippi, respectively.  KiOR, Inc., was
founded in 2007 as a joint venture between Khosla Ventures, LLC,
and BIOeCon B.V.  KiOR Inc.'s primary business is the development
and commercialization of a ground-breaking proprietary technology
designed to generate a renewable crude oil from non-food
cellulosic biomass.

KiOR, Inc. filed a Chapter 11 bankruptcy petition (Bankr. D. Del.
Case No. 14-12514) on Nov. 9, 2014, in Delaware.  Through the
chapter 11 case, the Debtor intends to reorganize its business or
sell substantially all of its assets so that it can continue its
core research and development activities.  KiOR Columbus did not
seek bankruptcy protection.

The Debtor disclosed $58.3 million in assets and $261 million in
liabilities as of June 30, 2014.

The Debtor is represented by Mark W. Wege, Esq., Edward L. Ripley,
Esq., and Eric M. English, Esq., at King & Spalding, LLP, in
Houston, Texas; and John Henry Knight, Esq., Michael Joseph
Merchant, Esq., and Amanda R. Steele, Esq., at Richards, Layton &
Finger, P.A., in Wilmington, Delaware.  The Debtor's financial
advisor is Alvarez & Marsal.  Guggenheim Securities, LLC, is the
Debtor's investment banker.  Epiq Bankruptcy Solutions, LLC, is
the
Debtor's claims and noticing agent.

Pasadena Investments, LLC, as administrative agent for a
Consortium
of lenders, committed to provide up to $15 million in postpetition
financing.  The DIP Agent is represented by Thomas E. Patterson,
Esq., at Klee, Tuchin, Bogdanoff & Stern LLP, in Los Angeles,
California, and Michael R. Nestor, Esq., at Young Conaway Stargatt
& Taylor, LLP, in Wilmington, Delaware.

The MDA is represented by Dennis A. Meloro, Esq., at Greenberg
Traurig LLP, in Wilmington, Delaware; David B. Kurzweil, Esq., and
R. Kyle Woods, Esq., at Greenberg Traurig LLP, in Atlanta,
Georgia;
Shari L. Heyen, Esq., at Greenberg Traurig LLP, in Houston, Texas;
and Douglas C. Noble, Esq., and William M. Quin II, Esq., at
McCraney Montagnet Quin & Noble, PLLC, in Ridgeland, Mississippi.

Leidos Engineering is represented by Mark Minuti, Esq., at Saul
Ewing LLP, in Wilmington, Delaware; Monique Bair DiSabatino, Esq.,
at at Saul Ewing LLP, in Philadelphia, Pennsylvania; and Christine
E. Baur, Esq., and Kathryn T. Anderson, Esq., at Law Office of
Christine E. Baur, in San Diego, California.

The Securities Class Action Lead Plaintiffs are represented by
Laurence M. Rosen, Esq., and Phillip Kim, Esq., at The Rosen Law
Firm, P.A., in New York; and Adam M. Apton, Esq., and Nicholas I.
Porritt, Esq., at Levi & Korsinsky LLP, in Washington, D.C.


LEAFPROOF PRODUCTS: Court Grants Counsel $63K in Fees, Expenses
---------------------------------------------------------------
Judge Thomas L. Saladino of the United States Bankruptcy Court for
the District of Nebraska approved the interim application for fees
and expenses filed by Debtor LeafProof Products, LLC's counsel,
Robert F. Craig, P.C., in the reduced amount of $63,549 for fees
and expenses incurred through September 1, 2015.

The Applicant's first interim application for fees and expenses
requested a total amount of $143,701.42 and indicated that a total
of $63,549.09 had already been received. During the hearing, the
Applicant was required to file an amended application due to
obvious errors in the application and the possibility of less
obvious additional errors. The Applicant amended its application,
seeking fees in the reduced amount of $111,156.00, less the fees
previously paid in the amount of $63,549.00, for a total of
additional attorney fees sought of $47,607.00 plus unreimbursed
expenses in the amount of $416.00.

The United States Trustee and the Committee of Unsecured Creditors
objected to the interim application. The United States Trustee's
objection notes that at the time the original interim application
was filed, no plan or disclosure statement had been filed and,
according to the United States Trustee, there was little likelihood
of confirming a plan. The United States Trustee believes that the
fees requested are excessive and unreasonable. The Committee joined
in the United States Trustee's objection and further noted that the
amount of fees requested came close to, and perhaps exceeded, any
value of Debtor's business.

Judge Saladino notes that the case seems to be following a pattern
that is eerily similar to the pattern that he has seen in other
Chapter 11 cases filed in the Court by the Applicant. That is,
extremely high legal fees requested during the first several months
of the case, followed by a motion to withdraw. In connection with
that observation, Judge Saladino further notes that at the hearing
on August 17, 2015, the Applicant made an oral motion to withdraw
when it was indicated that the application for fees would not be
immediately approved. He adds that the motion to withdraw was
denied.

Judge Saladino agreed with the objecting parties that the fees
requested were excessive and unreasonable. He held that allowing
Applicant to retain the previously paid fees in the amount of
$63,549.00, while denying all further fees requested for any work
performed through the current date, appears to be the most fair and
reasonable allocation of the fees and expenses requested by
Applicant.

The case is IN THE MATTER OF: LEAFPROOF PRODUCTS, LLC, CHAPTER 11,
Debtor, CASE NO. BK15-80074.

A full-text copy of Judge Saladino's Order dated September 1, 2015,
is available at http://is.gd/lj4KGUfrom Leagle.com

LeafProof Products, LLC is represented by:

          Anna M. Bednar, Esq.
          Robert F. Craig, Esq.
          CRAIG/BEDNAR LAW
          14301 FNB Pkwy #203
          Omaha, NE 68154
          Telephone: (402)819-0331

The Official Unsecured Creditors Committee, Creditor Committee, is
represented by:

          Lauren R. Goodman, Esq.
          James J. Niemeier, Esq.
          MCGRATH, NORTH, MULLIN & KRATZ, P.C.
          1601 Dodge Street, #3700
          Omaha, NE 68102
          Telephone: (402)341-3070
          Email: lgoodman@mcgrathnorth.com
                 jniemeier@mcgrathnorth.com


MALIBU ASSOCIATES: Needs Time to Settle Dispute with U.S. Bank
--------------------------------------------------------------
The United States Bankruptcy Court for the Central District of
California, Northern Division, approved the stipulation between
Malibu Associates, LLC, and U.S. Bank, National Association, to
allow settlement discussions to continue.

The U.S. Bank filed a motion to convert the Debtor's Chapter 11
case to one under Chapter 7 of the Bankruptcy Code.  The motion was
opposed to by the Debtor.  The Debtor filed a motion to extend
exclusivity period for obtaining acceptances of the plan on August
6, 2015, which was likewise opposed by the Bank.  The Parties have
agreed to continue the hearings and the opposition deadline as
follows: (i) the hearings on the "Disclosure Statement Describing
Debtor's Plan of Reorganization," "Motion For Relief From Automatic
Stay," and "Motion of U.S. Bank to Convert Case From Chapter 11 to
Chapter 7," are continued to September 21, 2015, at 10:30 a.m.; and
(ii) the deadline for the Bank to file an opposition to "Motion to
Extend Exclusivity  Period for Obtaining Acceptances of Plan" is
extended to and including September 23, 2015.

Thomas C. Hix, the President of the co-managing member of Malibu
Associates, LLC, Kathleen O'Prey Truman, Esq. and Lance Dore, the
President/CEO of The Doré Group, filed their declarations in
opposition to the motion for relief from stay and motion to
convert, claiming that Conversion of the case to one under Chapter
7 is not in the best interests of creditors, particularly the
Debtor's general unsecured creditors, because conversion would add
a whole other layer of administrative fees and costs in the form of
a Chapter 7 trustee's fees and the fees and costs of any
professionals he or she might hire.

The Debtor believes that the process for obtaining individual keys
for each of the 160 rooms proposed is manageable and would likely
be undertaken by any developer of the Property.  The Debtor has
engaged in preliminary discussions with Los Angeles County, the
California Coastal Commission, as well as the Union, and is
optimistic that any request to change the key limitation of 40 keys
to 160 keys would be fairly and reasonably considered.  With the
current Entitlements in place, which include the 40 key
restriction, the Property "as-is" is worth at least $75,900,000.
However, if the 40 key restriction is removed, the value of the
Property would be even greater.

James Pike, a Senior Director with Cushman & Wakefield Western Inc.
and Joshua D. Wayser, Esq. filed their supplemental declarations of
Support to the U.S. Bank’s motions asserting that  the Property
has increased in value, this is undercut not only by the fact that
it is heavily underwater and burdened by well over $50 million of
secured debt, but also  by the plethora of post-petition expenses
Debtor has incurred which continue to mount, while Debtor is
non-operational, cannot generate any income, and now seeks to
remain in bankruptcy indefinitely under a plan that refuses to
provide a concrete end date. Thus, the estate has shrunk
post-petition and will continue to do so for as long as this case
remains in Chapter 11. Consequently, conversion to a case under
chapter 7 would be in the best interest of creditors and the
estate.

U.S. Bank National Association is represented by:

          Joshua D. Wayser, Esq.
          Cristina E. Bautista, Esq.
          KATTEN MUCHIN ROSENMAN LLP
          2029 Century Park East, Suite 2600
          Los Angeles, CA 90067-3012
          Tel: 310.788.4400
          Fax: 310.788.4471
          Email: joshua.wayser@kattenlaw.com
                 cristina.bautista@kattenlaw.com

The Debtor is represented by:

          David L. Neale, Esq.
          Lindsey L. Smith, Esq.
          LEVENE, NEALE, BENDER, YOO & BRILL L.L.P.
          10250 Constellation Blvd., Suite 1700
          Los Angeles, CA 90067
          Tel: (310) 229-1234
          Fax: (310) 229-1244
          Email: dln@lnbyb.com
                 lls@lnbyb.com

                  About Malibu Associates

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

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

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

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

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


MEDICURE INC: Files sNDA for New AGGRASTAT Indication
-----------------------------------------------------
Medicure Inc. has submitted a supplemental New Drug Application
(sNDA) to the U.S. Food and Drug Administration to expand the label
for AGGRASTAT (tirofiban HCl) to include the treatment of patients
presenting with ST segment elevation myocardial infarction (STEMI).
AGGRASTAT is currently approved by the FDA for treatment of
patients presenting with non-ST segment elevation acute coronary
syndrome (NSTE ACS).  If approved for STEMI, AGGRASTAT would be the
first in its class of Glycoprotein IIb/IIIa Inhibitors (GPI) to
receive such a label in the United States.

"We have received substantial feedback from physicians that there
is a need for more potent antiplatelet therapy when treating STEMI
patients undergoing percutaneous coronary intervention (PCI),"
stated Dawson Reimer, president and chief operating officer of
Medicure Inc.  "We believe the STEMI indication would increase the
utility of AGGRASTAT for physicians, and thereby increase hospital
adoption and demand.  We look forward to hearing from the FDA on
this sNDA submission."

In previous communication with the Company, the FDA's Division of
Cardiovascular and Renal Drug Products indicated its willingness to
review and evaluate this label change request based substantially
on data from the On-TIME 2 studyi, with additional support from
published studies and other data pertinent to the use of the
AGGRASTAT high-dose bolus (HDB) regimen in the treatment of STEMI.
The efficacy and safety of the HDB regimen in STEMI has been
evaluated in more than 20 clinical studies involving over 11,000
patients and is currently recommended by the ACCF/AHA Guideline for
the Management of STEMI.

In October 2013, the STEMI indication for AGGRASTAT HDB was
approved in Europe, based substantially on the same clinical data
submitted in the Company's sNDA.  AGGRASTAT is the most used GPI in
Europe and globally.  Also in October 2013, the U.S. FDA approved
AGGRASTAT's HDB regimen pursuant to a previous sNDA submission by
the Company.  Since that time, sales of AGGRASTAT in the United
States have increased by over 400%.

The Company anticipates that the filing of the sNDA will result in
a Prescription Drug User Fee Act (PDUFA) action date for the STEMI
sNDA in July 2016.  Under PDUFA, the FDA aims to complete its
review within ten months from the receipt of a sNDA submission.
The sNDA filing is accompanied by a mandatory US $1.167 million
user fee paid by Medicure International, Inc. to the FDA.

The Company's subsidiary, Medicure International, Inc. (Barbados)
holds the rights to AGGRASTAT in the United States and its
territories.

                        About Medicure Inc.

Medicure -- http://www.medicure.com/-- is a specialty
pharmaceutical company focused on the development and
commercialization of therapeutics for the U.S. hospital market.
The primary focus of the Company and its subsidiaries is the
marketing and distribution of AGGRASTAT (tirofiban HCl) for non-ST
elevation acute coronary syndrome in the United States, where it is
sold through the Company's U.S. subsidiary, Medicure Pharma, Inc.

Ernst & Young LLP expressed substantial doubt about the Company's
ability to continue as a going concern, citing that the Company has
experienced losses and has accumulated a deficit of C$127 million
since incorporation and has a working capital deficiency of
C$503,000 as at Dec. 31, 2014.

The Company reported net income of C$1.2 million on C$5.26 million
in revenue for the year ended Dec. 31, 2014.  As of June 30, 2015,
the Company had C$12 million in total assets, C$10.2 million in
total liabilities and C$1.7 million in total equity.


METALICO INC: Closes Sale to Total Merchant
-------------------------------------------
Metalico, Inc. has completed the previously announced acquisition
of the Company by Total Merchant Limited.

The Company had announced in June its acceptance of Total
Merchant's all-cash offer of approximately $102 million at closing
subject to the approval of its shareholders.  The transaction was
overwhelmingly endorsed by stockholders holding more than 92% of
the shares voted, or 57% of Metalico's outstanding shares, at a
special stockholders meeting convened Sept. 11, 2015, for that
purpose.

Metalico's stockholders will receive $0.60 for each share of the
Company's common stock owned by them as of the closing.  Metalico
shares will cease trading on the NYSE MKT and be delisted effective
as of the close of trading on Sept. 11, 2015. Stockholders will be
contacted shortly by the Company's transfer agent with instructions
on how to claim payment.

Metalico will continue to operate under its current management. The
deal also includes the cost of retiring the Company's primary term
and institutional senior and convertible debt and the assumption of
certain other Metalico obligations.

The Company expects that the relief from debt resulting from the
sale and its strengthened balance sheet will reinvigorate Metalico
as a prominent force in its markets and potential acquirer of other
scrap operations.

At the special meeting approving the sale, Metalico thanked
stockholders for their support and Metalico's employees and
consultants for their continuing efforts.  The Company also singled
out its customers and suppliers for their faith in Metalico and
their continuing business.  Company officials observed that the
"new" Metalico is looking forward to getting back to work as a
preeminent scrap metal recycler with a focus on quality customer
service.

Total Merchant is a privately held investment vehicle formed to
seek appropriate opportunities in the United States metals and
commodities market.  Total Merchant is controlled by Mr. Chung
Sheng Huang, the Chairman of the Board and Managing Director of Ye
Chiu Group, one of the leading recyclers and producers of aluminum
and aluminum alloys in the world and a prominent Asian scrap metal
recycler.

Effective upon closing of the Merger, all of the members of the
Company's Board of Directors resigned.

Metalico was represented in the transaction by in-house counsel and
Lowenstein Sandler LLP and advised by its investment bank, Gordian
Group, LLC.  Total Merchant was represented by its counsel, K&L
Gates LLP, and advised by RPA Advisors.

                          About Metalico

Metalico, Inc., is a holding company with operations in two
principal business segments: ferrous and non-ferrous scrap metal
recycling, and fabrication of lead-based products.  The Company
operates recycling facilities in New York, Pennsylvania, Ohio,
West Virginia, New Jersey, Texas, and Mississippi and lead
fabricating plants in Alabama, Illinois, and California.
Metalico's common stock is traded on the NYSE MKT under the symbol
MEA.

Metalico reported a net loss attributable to the Company of $44.4
million on $476 million of revenue for the year ended Dec. 31,
2014, compared with a net loss attributable to the Company of $34.8
million on $457 million of revenue for the year ended
Dec. 31, 2013.

As of June 30, 2015, the Company had $163.90 million in total
assets, $71.60 million in total liabilities and $92.30 million in
total stockholders' equity.

CohnReznick LLP, in Roseland, New Jersey, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2014, citing that the Company anticipates that it
will not meet the maximum Leverage Ratio covenant as prescribed by
the Financing Agreement for the quarter ended March 31, 2015, and
there can be no assurance that the Company can resolve any
noncompliance with their lenders.  As a result, the Company's debt
could be declared immediately due and payable which would result in
the Company having insufficient liquidity to pay its debt
obligations and operate its business.  These conditions raise
substantial doubt about the Company's ability to continue as a
going concern.


MIDWAY GOLD: Wants to Hire Moelis & Company as Investment Banker
----------------------------------------------------------------
Midway Gold US Inc. and its debtor-affiliates ask the Hon. Michael
E. Romero of the U.S. Bankruptcy Court for the District of Colorado
for permission to employ Moelis & Company LLC as their investment
banker.

The firm will:

a) assist the Debtors in reviewing and analyzing the Debtors'
results of operations, financial condition and business plan;

b) assist the Debtors in reviewing and analyzing a potential
Restructuring, Sale Transaction or Capital Transaction;

c) provide to the Debtors valuation services and testimony in
connection with these Chapter 11 cases;

d) assist the Debtors in negotiating a Restructuring, Sale
Transaction or Capital Transaction;

e) advise the Debtors on the terms of securities it offers in any
potential Capital Transaction.

f) prepare, with the Debtors' assistance, the Debtors' marketing
materials for a potential Sale Transaction or Capital Transaction;

g) identify and contact, with the Debtors' assistance, potential
Acquirers or purchasers that Moelis and the Debtors agree are
appropriate, and meet with and provide them with the Marketing
Materials and such additional information about the Company's
assets, properties or businesses that is acceptable to the Debtors,
subject to customary business confidentiality agreements; and

h) provide such other investment banking services in connection
with a Restructuring, Sale Transaction or Capital Transaction as
Moelis and the Debtors may mutually agree upon.

The Debtors propose to pay the firm in this manner:

a) Monthly Fee: During the term of this agreement, a fee of
$125,000 per month, 50% of the Monthly Fees will be payable when
approved by entry of any Bankruptcy Court order approving monthly
fees and the remaining 50% of any accrued or ongoing Monthly Fees
will be paid or payable upon the earlier of the consummation of an
Individual Asset Transaction, Restructuring or Sale Transaction.
For the month of August 2015, Moelis' Monthly Fee shall be
pro-rated to reflect that Moelis began providing services hereunder
on August 13, 2015.  The first payment for the pro-rated portion of
August 2015 and for September 2015 shall be be payable immediately
following the entry of any Bankruptcy Court order approving Moelis'
engagement under this agreement, and each subsequent payment shall
be payable upon the first Thursday of each subsequent month, if a
business day; provided that any such payments shall only be made in
accordance with the Compensation Order.  Whether or not a
Restructuring, Sale Transaction or Capital Transaction occurs,
Moelis shall earn and be paid the Monthly Fee every month during
the term of this agreement.  Fifty percent (50%) of all Monthly
Fees beginning with the fourth, full Monthly Fee to become payable,
shall be credited against the Restructuring Fee;

b) Restructuring Fee: at the closing of a Restructuring, a fee of
$2,250,000. In no case, after the application of any credits
hereunder, will the Restructuring Fee be less than zero;

c) Sale Transaction Fee: at the closing of a Sale Transaction, a
nonrefundable cash fee of 2.5% of Transaction Value.  The Sale
Transaction Fee shall be 100% credited against the Restructuring
Fee;

d) Individual Asset Sale Transaction Fee: at the closing of an
Individual Asset Sale Transaction, a non-refundable cash fee of
2.5% of aggregate consideration received or receivable in
connection with any such Individual Asset Sale Transaction, subject
to a minimum fee of $250,000 per Individual Asset Sale Transaction.
Fifty percent (50%) of the portion of any Individual Asset Sale
Transaction Fee that is above $250,000 shall be credited against
the Restructuring Fee;

e) Capital Transaction Fee: at the closing of a Capital
Transaction, a nonrefundable cash fee of:

    i) 2.0%5 of the aggregate gross amount of debt obligations and
other interests Raised,6 plus;

   ii) 4.0% of the aggregate gross amount or face value of new
capital Raised in the Capital Transaction as equity, equity-linked
interests, options, warrants or other rights to acquire equity
interests in the Capital Transaction.

The Debtors say they will pay a separate Capital Transaction Fee in
respect of each Capital Transaction in the event that more than one
Capital Transaction occurs.

f. SV Transaction Fee: At the closing of a SV Transaction,7 a
nonrefundable cash fee equal to 2.5% of the aggregate consideration
received or receivable by the Debtors, subject to a minimum fee of
$250,000, in connection with such SV Transaction; provided,
however, that if the Court determines that the Debtors will control
the SV Transaction, the Company will use commercially reasonable
efforts to cause Moelis to be retained as the financial advisor by
the other joint venture partners of the Spring Valley joint venture
and Moelis will be entitled to a fee from such other joint venture
partners as may be mutually agreed by Moelis and such other
parties.   Fifty percent (50%) of the SV Transaction Fee that is
above $250,000 will be credited against the Restructuring Fee.

Barak Klein, managing director of the firm, assures the Court that
the firm is a "disinterested person" within the meaning of Section
101(14) of the Bankruptcy Code.

The firm can be reached at:

   Barak Klein
   Managing Director
   Moelis & C​ompany
   399 Park Avenue, 5th Floor
   New York, NY 10022
   Tel: 1 212 883 3877
   Fax: 1 212 880 4260
   Email: barak.klein@moelis.com
  
                         About Midway Gold

Midway Gold Corp., incorporated on May 14, 1996 under the laws of
the Province of British Columbia, Canada, is engaged in the
acquisition, exploration and development of mineral properties
located in the state of Nevada and Washington.

Midway Gold operates primarily through its wholly-owned subsidiary
located in the United States, Midway Gold US Inc.  The executive
offices are in Englewood, Colorado.  Midway US currently has one
gold producing property: the Pan gold mine located in White Pine
County, Nevada.  Midway also has gold properties which are
exploratory stage projects where gold mineralization has been
identified, such as the Tonopah project in Nye County, Nevada, the
Gold Rock project in White Pine County, Nevada, and the Golden
Eagle project in Ferry County, Washington.  Out of these projects,
a permitting process has been undertaken only for the Gold Rock
project.  Finally, Midway's Spring Valley property, another gold
property located in Pershing County, Nevada, is subject to a joint
venture with Barrick Gold Exploration Inc.

On June 22, 2015, Midway Gold US Inc. and 12 related entities,
including parent Midway Gold Corp. each filed a petition in the
U.S. Bankruptcy Court for the District of Colorado seeking relief
under Chapter 11 of the U.S. Bankruptcy Code.  The Debtors' cases
have been assigned to Judge Michael E. Romero.  

Judge Michael E. Romero directed the joint administration of the
cases under Case No. 15-16835.

The Debtors tapped Squire Patton Boggs (US) LLP as lead bankruptcy
counsel; Sender Wasserman Wadsworth, P.C., as special bankruptcy
and restructuring counsel; DLA Piper (Canada) LLP, as Canadian
bankruptcy counsel; Ernst & Young Inc., as information officer of
Canadian court; RBC Capital Markets, as investment banker; FTI
Consulting as financial advisor; and Epiq Solutions, as claims and
noticing agent.

Midway Gold Corp. disclosed $184 million in assets and $62.4
million in liabilities as of March 31, 2015.  Midway Gold US Inc.,
disclosed total assets of $2,461,673 and total liabilities of
$122,448,181 as of the Chapter 11 filing.

In July, the U.S. Trustee overseeing the Debtors' cases appointed
seven creditors to serve on the official committee of unsecured
creditors.  The creditors are American Assay Laboratories, EPC
Services Company, InFaith Community Foundation, Jacobs Engineering
Group Inc., SRK Consulting (US) Inc., Sunbelt Rentals, and Boart
Longyear.  Gavin/Solmonese LLC serves as its financial advisor.


MIRAMBICA INC: Voluntary Chapter 11 Case Summary
------------------------------------------------
Debtor: Mirambica, Inc.
        553 E Absecon Blvd
        Absecon, NJ 08201

Case No.: 15-27435

Chapter 11 Petition Date: September 16, 2015

Court: United States Bankruptcy Court
       District of New Jersey (Camden)

Judge: Hon. Gloria M. Burns

Debtor's Counsel: Joel Lee Schwartz, Esq.
                  LAW OFFICES OF JOEL SCHWARTZ
                  333 Tilton Road
                  Northfield, NJ 08225
                  Tel: 609-677-9454
                  Fax: (609) 677-9455
                  Email: esqinac@aol.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Baldev Patel, president.

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


MOLYCORP INC: Files Bankruptcy Rule 2015.3 Report
-------------------------------------------------
Molycorp Inc. and its affiliated debtors filed a report on the
value, operations and profitability of companies in which they hold
a substantial or controlling interest as of June 30, 2015.  These
companies are:

   Companies                                             Interest

   ---------                                             --------

   Industrial Minerals S.á.r.l.                             100%
   Jiangyin Jiahua Advanced Material Resources Co., Ltd.     95%
   Magnequench International Trading (Tianjin) Co., Ltd.    100%
   Magnequench (Korat) Co., Ltd.                            100%
   Magnequench Neo Powders Pte. Ltd.                        100%

Molycorp filed the report pursuant to Bankruptcy Rule 2015.3.  The
report dated August 24, 2015, is available for free at
http://is.gd/grNVzX

                        About Molycorp

Molycorp Inc. -- http://www.molycorp.com/-- is a global rare   
earths and rare metals producer.  Molycorp owns several prominent
rare earth processing facilities around the world.  It has a
workforce of 2,530 employees at locations on three continents.
Molycorp's Mountain Pass Rare Earth Facility in San Bernadino
County, California, is home to one of the world's largest and
richest deposits of rare earths.

Molycorp has corporate offices in the United States, Canada and
China.  CEO Geoffrey R. Bedford, and other senior management
members are located in Molycorp's corporate offices in Toronto,
Canada.  Other senior manageemnt members are located at its U.S.
corporate headquarters in Greendwood Village, Colorado.

Molycorp reported a net loss of $623 million in 2014, a net loss of
$377 million in 2013 and a net loss of $475 million in 2012.

As of March 31, 2015, the Company had $2.49 billion in total
assets, $1.78 billion in total liabilities and $709 million in
total stockholders' equity.

Molycorp and its North American subsidiaries, together with certain
of its non-operating subsidiaries outside of North America, filed
Chapter 11 voluntary petitions in Delaware (Bankr. D. Del. Lead
Case No. 15-11357) on June 25, 2015, after reaching agreement with
a group of lenders on a financial restructuring.  The Chapter 11
cases of Molycorp and 20 affiliated debts are pending before Judge
Christopher S. Sontchi.

The agreement provides for a financial restructuring of the
Company's $1.7 billion in debt and provides up to $225 million in
gross proceeds in new financing to support operations while the
Company completes negotiations with creditors.

The Company's operations outside of North America, with the
exception of non-operating companies in Luxembourg and Barbados,
are excluded from the filings.  Molycorp Rare Metals (Oklahoma),
LLC, with operations in Quapaw, Oklahoma, also is excluded from the
filings as it is not 100% owned by the Company.

Molycorp is being advised by the investment banking firm of Miller
Buckfire & Co. and is receiving financial advice from AlixPartners,
LLP.  Jones Day and Young, Conaway, Stargatt & Taylor LLP act as
legal counsel to the Company in this process.  Prime Clerk serves
as claims and noticing agent.

Secured creditor Oaktree Capital Management L.P., consented to the
use of cash collateral and to extend postpetition financing.

On July 8, 2015, the U.S. trustee overseeing the Chapter 11 case of
Molycorp Inc. appointed eight creditors of the company to serve on
the official committee of unsecured creditors.


NEW FOUNDATIONS: S&P Affirms 'BB+' Rating on $14MM Revenue Bonds
----------------------------------------------------------------
Standard & Poor's Ratings Services revised its outlook to positive
from stable and affirmed its 'BB+' long-term rating on Philadelphia
Authority for Industrial Development's $14 million series 2012
tax-exempt revenue bonds, issued for New Foundations Charter School
(NFCS) on behalf of 8001 Torresdale Corp. (the foundation).  The
outlook is stable.

"The positive outlook reflects our view of the school's growing
enrollment, strong demand profile, good liquidity, and historically
balanced operating performance," said Standard & Poor's credit
analyst Luke Gildner.  "The outlook revision also reflects that
despite challenging per-pupil funding, NFCS has been able to
generate improved maximum annual debt service coverage of 2.1x
based on fiscal 2014 operations."  While this level of debt service
coverage is commensurate with a higher rating S&P believes the
challenging per-pupil funding environment could pressure coverage
levels over the next two years.

Also constraining the rating are potential expansion plans which,
while still preliminary, add some uncertainty to future operating
performance.

The positive outlook reflects S&P's expectation that the school
will maintain operating surpluses, a stable liquidity position, and
solid demand metrics, while continuing to successfully execute its
growth strategy.  S&P could consider raising the rating during the
one-year outlook period if MADS coverage remains at levels
commensurate with a higher rating, while the school maintains
steady liquidity and its enterprise profile strength.  S&P could
revise the outlook to stable should operations and MADS coverage
decline significantly, liquidity deteriorates, or state funding
pressures erode financial metrics.

NFCS, in the Holmesburg section of northeast Philadelphia, began
operations in the 2000-2001 school year as a kindergarten through
eighth-grade school, with an initial enrollment of 353.  In 2009,
after several requests by the school to expand to the high school
grades, NFCS received approval from its authorizer, the School
District of Philadelphia (the SDP), to add a ninth grade.  In early
2011, the school received approval to add 10th through 12th
grades.



NEW YORK SKYLINE: Court Retains Jurisdiction Over Related Claims
----------------------------------------------------------------
Judge Stuart M. Bernstein of the United States Bankruptcy Court for
the Southern District of New York held that the Court did not lose
its "related to" or non-core jurisdiction over pre-confirmation
claims following confirmation and the closing of New York Skyline,
Inc.'s bankruptcy case, and had the power to issue proposed
findings of fact and conclusions of law pursuant to 28 U.S.C.
Section 157(c)(1).

Skyline operates a helicopter simulator ride on the second floor of
the Empire State Building.  Skyline and Empire State Building,
L.L.C., et. al., have been parties to a Lease and a License since
1993.  They have been litigating with each other just as long
regarding various aspects of their relationship.

In May 2005, Skyline and ESB were engaged in litigation brought by
Skyline in State Court.  The lawsuit was prompted by ESB's decision
to reverse the Building escalators which had the effect of blocking
or at least impeding access to and from the Attraction. Skyline and
ESB entered into an agreement to resolve the access issue as well
as some, but not all, of the disputes between them.  Among other
things, the May 2005 Agreement required Skyline to pay an access
fee in the annual amount of $450,000 and a security fee in the
annual amount of $335,000. As part of the settlement embodied in
the May 2005 Agreement, the parties stipulated to discontinue the
pending state court action with prejudice.

In July 2008, ESB served Skyline with a Notice to Cure demanding
$431,000 in Building security fees. In response, Skyline commenced
an action in state court to obtain a "Yellowstone" injunction (the
"Skyline Action").

On January 12, 2009, and while the Skyline Action was pending in
state court, Skyline filed a chapter 11 case with the Court. ESB
filed an adversary proceeding against Skyline on March 4, 2009 (the
"ESB Action"), and removed the Skyline Action to the Court on March
30, 2009.

On October 12, 2010, the Court confirmed Skyline's Fourth Amended
Chapter 11 Plan of Reorganization (the "Plan"), which, inter alia,
retained jurisdiction over the pending adversary proceedings. On
February 28, 2011, the Court entered a final decree after
determining that the Plan had been substantially consummated and
closed Skyline's bankruptcy case.  The Final Decree expressly
provided that "the Bankruptcy Court shall retain jurisdiction over
the pending adversary proceedings" between Skyline and ESB.

The Court rendered certain decisions and entered a final judgment
in the Skyline Action that had been removed from state court early
in the case and prior to confirmation. The District Court vacated
the judgment and remanded to the Court to consider several
questions. The principal questions on remand are whether these
removed claims continued to be "related to" the confirmed and
closed bankruptcy case, and whether the Court had the authority to
issue proposed findings of fact and conclusions of law under 28
U.S.C. Section 157(c)(1) or other authority.

Judge Bernstein concluded that the Court exercised supplemental
jurisdiction over the removed proceeding, and had the power to
enter proposed findings of fact and conclusions of law under either
28 U.S.C. Section 157(c)(1) or its inherent power. He further
concluded that the Court had core jurisdiction over the debtor's
claim to rescind the parties' May 2005 Agreement which the Court
dismissed on a motion for partial summary judgment, and said that
he will enter a separate final judgment dismissing that claim.

The case is In re: NEW YORK SKYLINE, INC., Chapter 11, Debtor, CASE
NO. 09-10181 (SMB)(Bankr. S.D.N.Y.).

The adversary case is NEW YORK SKYLINE, INC., Plaintiff, v. EMPIRE
STATE BUILDING COMPANY L.L.C., EMPIRE STATE BUILDING, INC. and
EMPIRE STATE BUILDING ASSOCIATES L.L.C., Defendants, ADV. P. NO.
09-01145 (SMB)(Bankr. S.D.N.Y.).

A full-text copy of Judge Bernstein's Post-Remand Opinion Regarding
Court's Authority To Issue Proposed Findings Of Fact And
Conclusions Of Law dated August 26, 2015 is available at
http://is.gd/fiOlxsfrom Leagle.com

New York Skyline, Inc., is represented by:

          Charles A. Stewart, III, Esq.
          Elin M. Frey, Esq.
          STEWART OCCHIPINTI, LLP
          One Exchange Plaza
          55 Broadway, Suite 1501
          New York, NY 10006
          Tel: (212) 239-5500
          Fax: (212) 239-7030
          Email: cstewart@somlaw.com

Empire State Building Company, L.L.C., et. al., are represented
by:

          Francine Nisim, Esq.
          Karen S. Frieman, Esq.
          David S. Tannenbaum, Esq.
          STERN TANNENBAUM & BELL LLP
          380 Lexington Avenue
          New York, NY 10168
          Tel: 212-792-8485
          Email: fnisim@sterntannenbaum.com
                 kfrieman@sterntannenbaum.com
                 dtannenbaum@sterntannenbaum.com

                  About New York Skyline

Manhattan-based New York Skyline, Inc. -- http://www.skyride.com/
-- operates the NYSKYRIDE attraction at the Empire State building.
The Company sought Chapter 11 protection (Bankr. S.D.N.Y. Case No.
09-10181) on Jan. 12, 2009.  Mark A. Frankel, Esq., at Backenroth
Frankel & Krinsky, LLP, assists the company in its restructuring
efforts.  The Company estimated its assets and debts between
$10 million and $50 million at the time of the filing.


NEWZOOM INC: Can Hire Prime Clerk as Noticing and Claims Agent
--------------------------------------------------------------
The Bankruptcy Court has authorized NewZoom, Inc., to employ Prime
Clerk LLC as its noticing and claims agent, effective nunc pro tunc
to the Petition Date.

Prime Clerk will, among other things, (a) maintain the official
service list, (b) retrieve claims from the claims register
maintained by the Clerk of the Court, (c) and serve all notices
that are normally required to be served by the Clerk of the Court,
including, but not limited to, (i) the notice of the meeting of
creditors, (ii) the section 503(b)(9) bar date notice, and (iii)
the general bar date notice.

Prime Clerk is directed to coordinate with the Clerk's office as
necessary to ensure all noticing requirements are met.

Prime Clerk must file a certificate of service with the Court
within five business days of effectuating such service.

The Debtor is authorized to compensate Prime Clerk for its services
and reimburse Prime Clerk for any related expenses in accordance
with applicable provisions of the Agreement.  The fees and expenses
Prime Clerk incurs will be treated as an administrative expense of
the Debtor's Chapter 11 estate and be paid in the ordinary course
of business without further application to the Court.

                            About NewZoom

Headquartered in San Francisco, California, NewZoom, doing business
as ZoomSystems, operates an automated retail channel.  It operates
ZoomShops, a custom-branded automated self-service retail stores
that facilitates online shopping.  It has ZoomShop network
locations in airports, malls, resorts, military bases, and retail
stores in the United States, Europe, and Japan.  The Debtor employs
approximately 115 people.

NewZoom, Inc. filed Chapter 11 bankruptcy petition (Bankr. N.D.
Calif. Case No. 15-31141) on Sept. 10, 2015.  John A. Lawrence
signed the petition as president and chief executive officer.

The Debtor has estimated assets and liabilities in the range of $10
million to $50 million.

Pachulski Stang Ziehl & Jones LLP represents the Debtor as counsel.
Prime Clerk LLC acts as the claims and noticing agent.

The case is assigned to Judge Hannah L. Blumenstiel.


NEWZOOM INC: Has Interim OK to Borrow $1.2-Mil. DIP Financing
-------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of California
entered an order authorizing NewZoom, Inc., to borrow up to $1.2
million and seek other financial accommodations from MIHI LLC on an
interim basis.

The Court held that so long as (i) there has not been an "Event of
Default" under and as defined in the Postpetition Loan Agreement,
or (ii) the "Maturity Date" as defined in the Postpetition Loan
Agreement will not have occurred, the Debtor is authorized to use
any cash proceeds of the Collateral in accordance with the Order.

"Entry of this Order is necessary to prevent the immediate and
irreparable harm to the Estate and the Debtor that would otherwise
result if the Debtor is prevented, pending a final hearing on the
Motion, from obtaining immediate financing for the payment of,
inter alia, wages, salaries, operating expenses, the purchase of
inventory, equipment and supplies, and to meet other expenses
necessary to preserve its assets and continue its operations," a
portion of the 20-page Order states.

The Court will hold a final hearing on Oct. 2, 2015, at 10:00 a.m.

On or about May 26, 2011, the Debtor executed and delivered to the
Lender and Wells Fargo Bank, N.A., as administrative agent, a note
purchase agreement, pursuant to which the Lender agreed to make
loans and other financial accommodations to the Debtor.  As of the
Petition Date, the Debtor was indebted to the Lender not less than
$24,147,371.

To secure payment of the Prepetition Indebtedness, the Debtor
granted to the Prepetition Agent, for the benefit of the
Prepetition Agent and the Lender, a security interest in
substantially all of its present and after-acquired assets.

A copy of the Interim DIP Order is available for free at:

       http://bankrupt.com/misc/29_NEWZOOM_InterimDIPOrd.pdf

                           About NewZoom

Headquartered in San Francisco, California, NewZoom, doing business
as ZoomSystems, operates an automated retail channel.  It operates
ZoomShops, a custom-branded automated self-service retail stores
that facilitates online shopping.  It has ZoomShop network
locations in airports, malls, resorts, military bases, and retail
stores in the United States, Europe, and Japan.  The Debtor employs
approximately 115 people.

NewZoom, Inc. filed Chapter 11 bankruptcy petition (Bankr. N.D.
Calif. Case No. 15-31141) on Sept. 10, 2015.  John A. Lawrence
signed the petition as president and chief executive officer.

The Debtor has estimated assets and liabilities in the range of $10
million to $50 million.

Pachulski Stang Ziehl & Jones LLP represents the Debtor as counsel.
Prime Clerk LLC acts as the claims and noticing agent.

The case is assigned to Judge Hannah L. Blumenstiel.


NEWZOOM INC: Section 341 Meeting Scheduled for Oct. 6
-----------------------------------------------------
A meeting of creditors in the bankruptcy case of NewZoom, Inc.,
will be held on Oct. 6, 2015, at 9:00 a.m. at San Francisco U.S.
Trustee Office.  Proofs of claim are due Jan. 4, 2016.

This is the first meeting of creditors required under Section
341(a) of the Bankruptcy Code in all bankruptcy cases.

All creditors are invited, but not required, to attend.  This
meeting of creditors offers the one opportunity in a bankruptcy
proceeding for creditors to question a responsible office of the
Debtor under oath about the company's financial affairs and
operations that would be of interest to the general body of
creditors.

                           About NewZoom

Headquartered in San Francisco, California, NewZoom, doing business
as ZoomSystems, operates an automated retail channel.  It operates
ZoomShops, a custom-branded automated self-service retail stores
that facilitates online shopping.  It has ZoomShop network
locations in airports, malls, resorts, military bases, and retail
stores in the United States, Europe, and Japan.  The Debtor employs
approximately 115 people.

NewZoom, Inc. filed Chapter 11 bankruptcy petition (Bankr. N.D.
Calif. Case No. 15-31141) on Sept. 10, 2015.  John A. Lawrence
signed the petition as president and chief executive officer.

The Debtor has estimated assets and liabilities in the range of $10
million to $50 million.

Pachulski Stang Ziehl & Jones LLP represents the Debtor as counsel.
Prime Clerk LLC acts as the claims and noticing agent.

The case is assigned to Judge Hannah L. Blumenstiel.


NEWZOOM INC: Seeks 14-Day Extension of Schedules Filing Deadline
----------------------------------------------------------------
NewZoom, Inc., is asking the Bankruptcy Court to extend its
deadline to file its schedules, statements, and other documents to
Oct. 8, 2015.

Pursuant to Bankruptcy Rule 1007(c), a debtor is required to file
its schedules of assets and liabilities and statements of financial
affairs within 14 days after the Petition Date.

The Debtor relates that while it is working diligently to assemble
the information needed to complete its Schedules, the considerable
amount of information necessary to provide a complete perspective
of its financial situation requires significant effort and more
time than is provided by Bankruptcy Rule 1007(c).

The Debtor believes that the requested extension will not prejudice
any party-in-interest.

The Office of the United States Trustee has been informed of the
request.

                           About NewZoom

Headquartered in San Francisco, California, NewZoom, doing business
as ZoomSystems, operates an automated retail channel.  It operates
ZoomShops, a custom-branded automated self-service retail stores
that facilitates online shopping.  It has ZoomShop network
locations in airports, malls, resorts, military bases, and retail
stores in the United States, Europe, and Japan.  The Debtor employs
approximately 115 people.

NewZoom, Inc. filed Chapter 11 bankruptcy petition (Bankr. N.D.
Calif. Case No. 15-31141) on Sept. 10, 2015.  John A. Lawrence
signed the petition as president and chief executive officer.

The Debtor has estimated assets and liabilities in the range of $10
million to $50 million.

Pachulski Stang Ziehl & Jones LLP represents the Debtor as counsel.
Prime Clerk LLC acts as the claims and noticing agent.

The case is assigned to Judge Hannah L. Blumenstiel.


NORTEL NETWORK: $29,000 in Claims Switched Hands in August 2015
---------------------------------------------------------------
In the Chapter 11 cases of Nortel Networks Inc., et al., four
claims switched hands in August 2015:

     Transferee                 Transferor          Claim Amount
     ----------                 ----------          ------------
Tannor Partners Credit       CCPIT Patent And          $2,118.33
Fund, LP                     Trademark Law

Tannor Partners Credit       Pervasive Software Inc.   $2,400.00
Fund, LP

Tannor Partners Credit       Pervasive Software       $24,960.00
Fund, LP                     Inc.

VonWin Capital Management,   Chuck Drake of Pwcs         $500.00
L.P.                         Edu

                       About Nortel Networks

Headquartered in Ontario, Canada, Nortel Networks Corporation and
its various affiliated entities provided next-generation
technologies, for both service provider and enterprise networks,
support multimedia and business-critical applications.  Nortel did
Networks Limited was the principal direct operating subsidiary of
Nortel Networks Corporation.

On Jan. 14, 2009, Nortel Networks Inc.'s ultimate corporate parent
Nortel Networks Corporation, NNI's direct corporate parent Nortel
Networks Limited and certain of their Canadian affiliates commenced
a proceeding with the Ontario Superior Court of Justice under the
Companies' Creditors Arrangement Act (Canada) seeking relief from
their creditors.  Ernst & Young was appointed to serve as monitor
and foreign representative of the Canadian Nortel Group.  That same
day, the Monitor sought recognition of the CCAA Proceedings in U.S.
Bankruptcy Court (Bankr. D. Del. Case No. 09-10164) under Chapter
15 of the U.S. Bankruptcy Code.

That same day, NNI and certain of its affiliated U.S. entities
filed voluntary petitions for relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Case No. 09-10138).

In addition, the High Court of England and Wales placed 19 of
NNI's European affiliates into administration under the control of
individuals from Ernst & Young LLP.  Other Nortel affiliates have
commenced and in the future may commence additional creditor
protection, insolvency and dissolution proceedings around the
world.

On May 28, 2009, at the request of administrators, the Commercial
Court of Versailles, France, ordered the commencement of secondary
proceedings in respect of Nortel Networks S.A.  On June 8, 2009,
Nortel Networks UK Limited filed petitions in U.S. Bankruptcy
Court for recognition of the English Proceedings as foreign main
proceedings under Chapter 15.

U.S. Bankruptcy Judge Kevin Gross presides over the Chapter 11 and
15 cases.  Mary Caloway, Esq., and Peter James Duhig, Esq., at
Buchanan Ingersoll & Rooney PC, in Wilmington, Delaware, serves as
Chapter 15 petitioner's counsel.

In the Chapter 11 case, James L. Bromley, Esq., and Howard S.
Zelbo, Esq., at Cleary Gottlieb Steen & Hamilton, LLP, in New York,
serve as the U.S. Debtors' general bankruptcy counsel; Derek C.
Abbott, Esq., at Morris Nichols Arsht & Tunnell LLP, in Wilmington,
serves as Delaware counsel.  The Chapter 11 Debtors' other
professionals are Lazard Freres & Co. LLC as financial advisors;
and Epiq Bankruptcy Solutions LLC as claims and notice agent.

The U.S. Trustee appointed an Official Committee of Unsecured
Creditors in respect of the U.S. Debtors.

An ad hoc group of bondholders also was organized.  An Official
Committee of Retired Employees and the Official Committee of
Long-Term Disability Participants tapped Alvarez & Marsal
Healthcare Industry Group as financial advisor.  The Retiree
Committee is represented by McCarter & English LLP as Delaware
counsel, and Togut Segal & Segal serves as the Retiree Committee.
The Committee retained Alvarez & Marsal Healthcare Industry Group
as financial advisor, and Kurtzman Carson Consultants LLC as its
communications agent.

Several entities, particularly, Nortel Government Solutions
Incorporated and Nortel Networks (CALA) Inc., have material
operations and are not part of the bankruptcy proceedings.

As of Sept. 30, 2008, Nortel Networks Corp. reported consolidated
assets of $11.6 billion and consolidated liabilities of $11.8
billion.  The Nortel Companies' U.S. businesses are primarily
conducted through Nortel Networks Inc., which is the parent of
majority of the U.S. Nortel Companies.  As of Sept. 30, 2008, NNI
had assets of about $9 billion and liabilities of $3.2 billion,
which do not include NNI's guarantee of some or all of the Nortel
Companies' about $4.2 billion of unsecured public debt.

Since the commencement of the various insolvency proceedings,
Nortel has sold its business units and other assets to various
purchasers.  Nortel has collected roughly $9 billion for
distribution to creditors.  Of the total, $4.5 billion came from
the sale of Nortel's patent portfolio to Rockstar Bidco, a
consortium consisting of Apple Inc., EMC Corporation,
Telefonaktiebolaget LM Ericsson, Microsoft Corp., Research In
Motion Limited, and Sony Corporation.  The consortium defeated a
$900 million stalking horse bid by Google Inc. at an auction.  The
deal closed in July 2011.

Nortel has filed a proposed plan of liquidation in the U.S.
Bankruptcy Court.  The Plan generally provides for full payment on
secured claims with other distributions going in accordance with
the priorities in bankruptcy law.

The trial on how to divide proceeds among creditors in the U.S.,
Canada, and Europe commenced on Sept. 22, 2014.  The question of
how to divide $7.3 billion raised in the international bankruptcy
of Nortel Networks Corp. was answered on May 12, 2015, by two
judges, one in the U.S. and one in Canada.

Subsequently, Justice Frank Newbould of the Ontario Superior Court
of Justice in Toronto and Judge Kevin Gross of the U.S. Bankruptcy
Court in Wilmington, Del., agreed on the outcome: a modified pro
rata split of the money.


PACIFIC EXPLORATION: Moody's Lowers Corp. Family Rating to B3
-------------------------------------------------------------
Moody's Investors Service downgraded Pacific Exploration and
Production Corp's (Pacific E&P) Corporate Family Rating and senior
unsecured rating to B3 from Ba3. The ratings outlook remains
negative.

RATINGS RATIONALE

The downgrade of Pacific E&P's ratings to B3 reflects Moody's view
that continued depressed oil prices for the next few years and the
loss of the company's production from the Rubiales field, currently
representing 36% of production, will further weaken its credit
metrics and deteriorate its liquidity profile in the next several
quarters, with low prospects of recovery in the medium term.
Moody's had expected that the execution of certain asset sales
would have been completed at this point, supporting an improvement
in the company's liquidity profile. The negative outlook is based
on Moody's expectation that the company's liquidity position and
credit metrics are vulnerable to volatile oil prices, increasing
the risk of it breaching financial covenants or defaulting.

Pacific E&P's credit metrics worsened during the second quarter
2015. As of June 30, 2015, the company's last-twelve-month
EBITDA/interest was 4.9 times, down from 5.7 times in March 2015,
and its RCF/debt was at 17.4%, down from 25.5% in the same period.
Moody's believes that Pacific E&P's free cash flow will continue to
be negative over the next two to three years, because of low oil
prices and increasing capex, adversely impacting credit metrics.
Under Moody's base case scenario of WTI averaging $50 and $52 per
barrel in 2015 and 2016, respectively, EBITDA/interest should be
2.6 times and RCF/debt would decline to 8.4% by the end of 2016.
The lack of a committed bank credit facility and the limited
financial flexibility are embedded in the company's rating.

The prospect of asset sales is not incorporated into Moody's
assessment of Pacific E&P's liquidity situation. However, although
price conditions are not particularly favorable for sale of oil
assets, it is possible that the company will be able to divest
about $300 million in non-core assets in the next several months;
this would strengthen its liquidity position, especially in context
of a large debt maturity of $1.2 billion dollars due in the second
quarter 2017. In addition, although Pacific E&P will have slashed
capex to $1.2 billion by year end 2015, a 50% reduction from 2014,
Moody's believes that the company may need to reduce capex further
to preserve its liquidity.

Moody's acknowledges Pacific E&P's cost reduction efforts since
late 2014. From the second quarter 2014 to second quarter 2015,
total operating costs and general & administrative expenses per
barrel fell by 37% and 34%, respectively. However, these have not
been enough to fully offset the impact of low crude prices on
profits and, in the first six months of 2015, its negative free
cash flow reached $232 million.

Pacific E&P's B3 ratings continue to incorporate other risks such
as asset concentration in Colombia and a short proved reserve life
of 5.8 years. The ratings also consider the development and
financing risks associated with the company's heavy oil fields and
large infrastructure investments. Moody's continues to incorporate
into Pacific E&P's ratings that the company will not rapidly
replace the Rubiales-Piriri field, which represented 36% of
production as of the second quarter 2015 (somewhat higher than the
35% posted in 1Q15), and will be returned to Ecopetrol in
mid-2016.

The ratings are supported by Pacific E&P's capable and seasoned
management team and the company's successful technology that
optimizes oil recoveries from producing but underdeveloped fields,
especially applied in production of heavy oil. In addition, the
company's historical exploration success has been a high 78%.

Weaker liquidity in the form of low available cash or tight
financial covenants could result in further negative rating
actions.

An upgrade of Pacific E&P's ratings is unlikely in the short to
medium term but if liquidty is adequate and leverage declines so
that RCF/debt is sustained above 20% an upgrade of its ratings
could occur.

The principal methodology used in these ratings was Global
Independent Exploration and Production Industry published in
December 2011.

Pacific Exploration and Production Corp., previously named Pacific
Rubiales, is a Canadian-based exploration and production company
with production operations primarily in Colombia, where it is the
second largest producer, operating in partnership with Ecopetrol
S.A., the national oil company. It also has other assets in Peru,
Brazil, Guatemala, Papua New Guinea, Guyana and Belize. The company
is predominantly a heavy oil producer (58% oil production) in the
Llanos Basin. As of June 30, 2015, the company had last
twelve-month revenues of $3.8 billion dollars, $9.4 billion dollars
in total assets and an average daily production of 150 MBOE/day.


PATRIOT COAL: Proposes Oct. 5 Combined Hearing to Approve Exit Plan
-------------------------------------------------------------------
BankrptcyData reported that Patriot Coal Corporation filed with the
U.S. Bankruptcy Court a motion for entry of an order (i) scheduling
a combined hearing on approval of a revised Disclosure Statement
and confirmation of a Revised Plan, (ii) approving the form and
manner of notice of the combined hearing, (iii) shortening the
notice of the combined hearing and the deadline for filing
objections, (iv) maintaining the voting record date, (v) approving
the submission of votes to accept or reject the plan through an
'e-ballot' platform, (vi) establishing the voting deadline, (vii)
establishing the objection deadline and (viii) granting related
relief.  

The motion explained, "In just the past few days, the lenders under
the Debtors' debtor-in-possession financing facility (the 'DIP
Lender') have helped the Debtors take a huge step forward by
agreeing to provide the Debtors with the crucial additional
liquidity needed to fund the Debtors' exit from chapter 11 for the
benefit of all stakeholders.

As previewed for the Court at the omnibus hearing on Sept. 11,
2015, in consideration for receiving this critical financing, the
Debtors are making certain modifications to terms of the Blackhawk
transaction.  Among other things, the Debtors seek authority to
re-solicit votes on the modified Plan on a compressed timeline.

The Debtors request these dates:

Record date for voting on the Plan:                 Aug. 18

Deadline to object to the Plan or the
Disclosure Statement:                               Sept. 28

Deadline to vote on the Plan:                       Oct. 2
Combined hearing on approval of the

Disclosure Statement and confirmation
of Plan:                                            Oct. 5

                         About Patriot Coal

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

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

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

Patriot Coal estimated more than $1 billion in assets and debt.

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

The U.S. trustee overseeing the Chapter 11 case of Patriot Coal
Corp. appointed seven creditors of the company to serve on the
official committee of unsecured creditors.  The Committee is
represented by Morrison & Foerster LLP as its counsel, and Tavenner
& Beran, PLC, as its local counsel.  Jefferies LLC serves as its
investment banker.

The directed the U.S. Trustee to form an official committee of
retirees at the behest of Patriot Coal Non-Union Retiree VEBA.

                        *     *     *

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


PATRIOT COAL: VCLF Bid Protections Approved
-------------------------------------------
Judge Keith L. Phillips of the United States Bankruptcy Court for
Eastern District of Virginia, Richmond Division, signed off an
order authorizing and approving bid protections in connection with
the sale of certain of Patriot Coal Corporation, et al.'s assets.

Pursuant to the Order, the Debtors will pay all amounts owing to
Virginia Conservation Legacy Fund (VCLF) on account of the VCLF Bid
Protections; provided, however, if the obligation to pay the
Expense Reimbursement Amount is triggered, VCLF must submit
documentation of the expenses for which it seeks reimbursement to
the Debtors, the U.S. Trustee, and counsel to the Official
Committee of Unsecured Creditors, and the Debtors will pay the
invoice within 10 business days, if no written objection is
received within the 10 business-day period.

The claims on account of the VCLF Bid Protections will be (a) paid
from the first-dollar proceeds of the sale of the VCLF Purchased
Assets and (b) treated as senior to all administrative expenses
other than those afforded to the DIP lenders, the Debtors'
prepetition lenders, and the Carve Out.  The VCLF Bid Protections
will only be payable to VCLF if the Plan (or an amended plan) is
confirmed and under the plan the Debtors consummate an Alternative
Transaction for the VCLF Purchased Assets, which Alternative
Transaction is a superior transaction that includes cash in an
amount sufficient to pay the VCLF Bid Protections; provided,
further, that, the cash proceeds from such superior Alternative
Transaction will first be used to satisfy the VCLF Bid
Protections.

Barclays Bank PLC objected to the bid protections and asserted that
the bid protections sought in the VCLF Bid Protections Motion are
not necessary to induce VCLF to submit or maintain the VCLF Bid, or
to participate in an auction for the Federal Complex and other
Blackhawk Excluded Assets.  VCLF has unique incentives to acquire
these assets and there is no credible risk that VCLF will withdraw
its acquisition proposal if bid protections are not approved,
Barclays said.  Further, the VCLF Bid provides zero cash
consideration to the Debtors, rather than a "floor" that will
induce robust bidding, the VCLF Bid advances VCLF's own parochial
objectives and little else, and may in fact "chill" bidding by
other bidders due to the nearly $10 million hurdle that these bid
protections impose on any other party, Barclays argued.  Thus, the
VCLF Bid Protections Motion seeks to obligate the Debtors' estate
for no good reason and it should therefore be denied, Barclays
asserted.

The Official Committee of Unsecured Creditors also filed their
limited objection, explaining that the Committee supports the
Debtors' efforts to maximize the value of its assets; however, the
Committee has concerns that approval of the VCLF Bid Protections in
their current form may not be in line with those efforts.  In
particular, the Committee questions whether the VCLF Bid
Protections meet the applicable legal standard for approval and
constitute the actual and necessary costs of preserving the estate.


Accordingly, to the extent the Court is inclined to approve bid
protections at this late stage in these chapter 11 cases, with the
confirmation hearing scheduled to commence in just over two weeks
from the date hereof, the Committee asked that any order entered
approving bid protections for VCLF clarify that the bid protections
are not payable to VCLF in the event the VCLF Transaction is not
approved as part of the Plan and, instead, the VCLF Assets are
transferred to the Liquidating Trust.

Patriot Coal Corporation, et al. are represented by:
          
          Michael A. Condyles, Esq.
          Peter J. Barrett, Esq.
          Jeremy S. Williams, Esq.
          KUTAK ROCK LLP
          Bank of America Center
          1111 East Main Street, Suite 800
          Richmond, VA 23219-3500
          Tel: (804) 644-1700
          Fax: (804) 783-6192
          Email: michael.condyles.kutakrock.com
                 peter.barrett@kutakrock.com
                 jeremy.williams@kutakrock.com

            -- and --

         Stephen E. Hessler, Esq.
         Patrick Evans, Esq.
         KIRKLAND & ELLIS LLP
         601 Lexington Avenue
         New York, NY 10022
         Tel: (212) 446-4800
         Fax: (212) 446-4900
         Email: stephen.hessler@kirkland.com
                patrick.evans@kirkland.com

            -- and --

         James H.M. Sprayregen, P.C.
         Ross M. Kwasteniet, Esq.
         KIRKLAND & ELLIS LLP
         300 North LaSalle
         Chicago, IL 60654
         Tel: (312) 862-2000
         Fax: (312) 862-2200
         Email: james.sprayregen@kirkland.com
                ross.kwasteniet@kirkland.com

Barclays Bank PLC in its capacity as the Prepetition LC Agent under
the Prepetition LC/Term Loan Agreement is represented by:

         Tyler P. Brown, Esq.
         Henry P. (Toby) Long, III, Esq.
          Justin F. Paget, Esq.
          HUNTON & WILLIAMS LLP
          Riverfront Plaza, East Tower
          951 East Byrd Street
          Richmond, VA 23219
          Tel: (804) 788-8200
          Fax: (804) 788-8218
          Email: tpbrown@hunton.com
                 hlong@hunton.com
                 jpaget@hunton.com

             -- and --

          Kenneth S. Ziman, Esq.
          Shana A. Elberg, Esq.
          SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
          4 Times Square
          New York, NY 10036
          Tel: (212) 735-3000
          Fax: (212) 735-2000
          Email: ken.ziman@skadden.com
                 shana.elberg@skadden.com

             -- and --

          Albert L. Hogan III, Esq.
          Amy L. Van Gelder, Esq.
          SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
          155 N. Wacker Drive
          Chicago, IL 60606
          Tel: (312) 407-0700
          Fax: (312) 407-0411
          Email: al.hogan@skadden.com
                 amy.vangelder@skadden.com

The Official Committee of Unsecured Creditors of Patriot Coal
Corporation, et al. is represented by:

          Lorenzo Marinuzzi, Esq.
          Jennifer L. Marines, Esq.
          MORRISON & FOERSTER LLP
          250 West 55th Street
          New York, NY 10019-9601
          Tel: (212) 468-8000
          Fax: (212) 468-7900
          E-mail: lmarinuzzi@mofo.com
                  jmarines@mofo.com

             -- and --

          Lynn L. Tavenner, Esq.
          Paula Beran, Esq.
          TAVENNER & BERAN, PLC
          20 North Eighth Street
          Richmond, VA 23219
          Tel: (804) 783-8300
          Fax: (804) 783-0178
          E-mail: ltavenner@tb-lawfirm.com
                  pberan@tb-lawfirm.com

                   About Patriot Coal

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

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

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

Patriot Coal estimated more than $1 billion in assets and debt.

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

The U.S. trustee overseeing the Chapter 11 case of Patriot Coal
Corp. appointed seven creditors of the company to serve on the
official committee of unsecured creditors.  The Committee is
represented by Morrison & Foerster LLP as its counsel, and Tavenner
& Beran, PLC, as its local counsel.  Jefferies LLC serves as its
investment banker.

The directed the U.S. Trustee to form an official committee of
retirees at the behest of Patriot Coal Non-Union Retiree VEBA.

                        *     *     *

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


PEREGRINE FINANCIAL: Wants $42MM Tax Bill on Exec's Fraud Reversed
------------------------------------------------------------------
Jimmy Hoover at Bankruptcy Law360 at now-defunct Peregrine
Financial Group Inc. has asked the U.S. Tax Court to reverse nearly
$42 million in tax deficiencies and penalties from the IRS for the
years 2007 to 2011, saying funds embezzled by its chief executive,
Russell R. Wasendorf Sr., did not constitute taxable income.

In a petition filed on Sept. 15, 2015, the Peregrine said a June
notice of deficiency from the agency wrongly inflated its taxable
income by $90 million over the period in question to account for
funds that Wasendorf had embezzled away.

                     About Peregrine Financial

Peregrine Financial Group Inc. filed to liquidate under Chapter 7
of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 12-27488)
on July 10, 2012, disclosing between $500 million and $1 billion
of assets, and between $100 million and $500 million of
liabilities.

Earlier that day, at the behest of the U.S. Commodity Futures
Trading Commission, a U.S. district judge appointed a receiver and
froze the firm's assets.  The firm put itself into bankruptcy
liquidation in Chicago later the same day.  The CFTC had sued
Peregrine, saying that more than $200 million of supposedly
segregated customer funds had been "misappropriated."  The CFTC
case is U.S. Commodity Futures Trading Commission v. Peregrine
Financial Group Inc., 12-cv-5383, U.S. District Court, Northern
District of Illinois (Chicago).

Peregrine's CEO Russell R. Wasendorf Sr. unsuccessfully attempted
suicide outside a firm office in Cedar Falls, Iowa, on July 9,
2012.

The bankruptcy petition was signed in his place by Russell R.
Wasendorf Jr., the firm's chief operating officer. The resolution
stated that Wasendorf Jr. was given a power of attorney on July 3
to exercise if Wasendorf Sr. became incapacitated.

Peregrine Financial is the regulated unit of the brokerage
PFGBest.


PLEASE TOUCH MUSEUM: Ordered to File Schedules by Sept. 25
----------------------------------------------------------
Judge Jean K. FitzSimon of the U.S. Bankruptcy Court for the
Eastern District of Pennsylvania has directed Please Touch Museum
to submit these documents by Sept. 25, 2015:

      * Atty Disclosure Statement
      * Schedule A
      * Schedule B
      * Schedule D
      * Schedule E
      * Schedule F
      * Schedule G
      * Schedule H
      * Statement of Financial Affairs
      * Summary of schedules due

The Debtor has failed to file or submit with the petition all of
the documents required by Fed. R. Bankr. P. 1007.

Any request for an extension of time must be filed prior to the
expiration of the deadlines.

Judge FitzSimon held that the case may be dismissed without further
notice if the documents listed are not filed by the  deadlines.

                     About Please Touch Museum

Please Touch Museum filed Chapter 11 bankruptcy petition (Bankr.
E.D. Pa., Case No. 15-16558) on Sept. 11, 2015.  The petition was
signed by Lynn McMaster as president and chief executive officer.
The Debtor has estimated assets of $10 million to $50 million and
liabilities $50 million to $100 million.

Judge Jean K. FitzSimon is assigned to the case.

Dilworth Paxson LLP serves as the Debtor's counsel.  EisnerAmper
LLP acts as the Debtor's financial advisor.  Isdaner & Company, LLC
represents as the Debtor's tax advisor and auditor.  Rust
Consulting/Omni Bankruptcy is the Debtor's claims, notice and
solicitation agent.


PLEASE TOUCH MUSEUM: Proposes Rust Consulting as Claims Agent
-------------------------------------------------------------
Please Touch Museum asks permission from the Bankruptcy Court to
employ Rust Consulting/Omni Bankruptcy as its notice, claims and
solicitation agent in connection with its Chapter 11 case.

Rust Omni is a bankruptcy administrator that specializes in
providing comprehensive chapter 11 administrative services critical
to the effective administration of chapter 11 cases.

Rust Omni will serve as agent for the Office of the Clerk of the
Court and custodian of Court records and, as such, will be
designated as the authorized repository for all proofs of claims
filed in this Chapter 11 case and is authorized and directed to
maintain official claims registers for the Debtor.

Paul H. Deutch, executive managing director at Rust Omni, assures
the Court that his firm is a "disinterested person," as that term
is defined in Section 101(14) of the Bankruptcy Code.

Rust Omni's discounted hourly rates are:

      Clerical Support                $21-$38
      Project Specialists             $48-$63
      Project Supervisors             $63-$80
      Consultants                     $80-$106
      Technology/Programming          $85-$110
      Senior Consultants              $119-$148

                    About Please Touch Museum

Please Touch Museum filed Chapter 11 bankruptcy petition (Bankr.
E.D. Pa. Case No. 15-16558) on Sept. 11, 2015.  The petition was
signed by Lynn McMaster as president and chief executive officer.

The Debtor has estimated assets of $10 million to $50 million
and liabilities $50 million to $100 million.

Judge Jean K. FitzSimon is assigned to the case.

Dilworth Paxson LLP serves as the Debtor's counsel.  EisnerAmper
LLP acts as the Debtor's financial advisor.  Isdaner & Company, LLC
represents as the Debtor's tax advisor and auditor.  Rust
Consulting/Omni Bankruptcy is the Debtor's claims, notice and
solicitation agent.

The Debtor operates a children's museum known as the Please Touch
Museum located at Memorial Hall in the Fairmount Park section of
Philadelphia.  The Debtor generates its revenues through a
combination of sales of memberships and tickets to the Museum,
event revenue, endowment income, and charitable contributions.


PLEASE TOUCH MUSEUM: Wants to Hire Dilworth Paxson as Counsel
-------------------------------------------------------------
Please Touch Museum seeks authority from the Bankruptcy Court to
employ Dilworth Paxson LLP as its attorneys.  Dilworth will:

   (a) provide the Debtor with legal services with respect to its
       powers and duties as debtor-in-possession;

   (b) prepare on behalf of the Debtor or assist the Debtor in
       preparing all necessary pleadings, motions, applications,
       complaints, answers, responses, orders, United States
       Trustee reports, and other legal papers;

   (c) represent the Debtor in any matter involving contests with
       secured or unsecured creditors, including the claims
       reconciliation process;

   (d) assist the Debtor in providing legal services required to
       prepare, negotiate and implement a plan of reorganization;  

       and

   (e) perform all other legal services for the Debtor, which may
       be necessary in this case, other than those requiring
       specialized expertise for which special counsel, if
       necessary, may be employed.

The standard hourly rates of the attorneys at Dilworth are:

          Lawrence G. McMichael         $875
          Peter C. Hughes               $545
          Catherine G. Pappas           $360
          Erik Coccia                   $280

Based on the Debtor's status as a non-profit organization, Dilworth
will discount its standard hourly rates in this matter by up to
20%.  Specifically, Dilworth will submit invoices at its full
hourly rates but will waive its right to receive any holdback
payments after payment of 80% of its fees.

Consistent with Dilworth's policy with respect to its clients,
Dilworth will continue to charge the Debtor for all other services
provided and for all other charges and disbursements including,
among other things, telephone charges, photocopying, travel,
business meals, computerized research, messengers, couriers,
postage, witness fees, and other fees relating to trials and
hearings.  The discount of up to 20% on its hourly rates will not
apply to these expenses.

Dilworth received a total of $140,000 from the Debtor within the 90
days prior to the Petition Date.  These payments were made in
advance of or contemporaneously with services rendered in
preparation for the bankruptcy filing.

                       Prior Representation

Dilworth previously served as counsel to Citigroup Global Markets
Inc., the underwriter with respect to the issuance in 2006 of $60
million in bonds (Philadelphia Authority for Industrial Development
Revenue Bonds, Series of 2006).  According to the Debtor,
Dilworth's representation at that time was limited to
representation of the underwriter with respect to the issuance of
the Bonds, and not representation of the Philadelphia Authority for
Industrial Development or U.S. Bank, National Association as
Trustee.

The Debtor relates that subsequent to 2006, Dilworth has, on one or
two occasions, responded to casual inquiries from Citigroup as
underwriter, which inquiries occurred in the timeframe in which the
Debtor defaulted on the Bonds in 2013.  It has been at least
approximately 18 months since these casual inquiries.

According to the Debtor, Dilworth has not issued any invoices with
respect to representation of Citigroup regarding the Bonds since
2006 and has not been paid by Citigroup with respect to the Bonds
since 2006.  Dilworth is not currently representing Citigroup with
respect to the Bonds and has not done substantive work for
Citigroup with respect to the Bonds since the issuance of the Bonds
in 2006.

The Debtor asserts that under the current definition of
"disinterested person," Dilworth is disinterested because it does
not have an interest materially adverse to the interest of the
estate or of any class of creditors or equity security holders.

                    About Please Touch Museum

Please Touch Museum filed Chapter 11 bankruptcy petition (Bankr.
E.D. Pa. Case No. 15-16558) on Sept. 11, 2015.  The petition was
signed by Lynn McMaster as president and chief executive officer.

The Debtor has estimated assets of $10 million to $50 million
and liabilities $50 million to $100 million.

Judge Jean K. FitzSimon is assigned to the case.

Dilworth Paxson LLP serves as the Debtor's counsel.  EisnerAmper
LLP acts as the Debtor's financial advisor.  Isdaner & Company, LLC
represents as the Debtor's tax advisor and auditor.  Rust
Consulting/Omni Bankruptcy is the Debtor's claims, notice and
solicitation agent.


QUIKSILVER INC: Hires Skadden Arps as Bankruptcy Counsel
--------------------------------------------------------
Quiksilver, Inc. and its debtor affiliates seek authority from the
Bankruptcy Court to employ Skadden, Arps, Slate, Meagher & Flom LLP
as their counsel under a general retainer, effective as of the
Petition Date.

Subject to order of the Court, Skadden will:

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

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

   (c) take all necessary actions to protect and preserve the
       Debtors' estates, including the prosecution of actions on
       their behalf, the defense of any actions commenced against
       their estates, negotiations concerning litigation
       in which the Debtors may be involved, and objections to
       claims filed against the estates;

   (d) prepare on behalf of the Debtors all motions, applications,
       answers, orders, reports, and papers necessary to the
       administration of the estates;

   (e) advise the Debtors in connection with any sales of assets;

   (f) negotiate and prepare on the Debtors' behalf plans of
       reorganization, disclosure statements, and all related
       agreements and/or documents, and take any necessary action
       on behalf of the Debtors to obtain confirmation
       of those plans;

   (g) appear before this Court, any appellate courts, and the
       United States Trustee, and protect the interests of the
       Debtors' estates before those courts and the United States
       Trustee; and

   (h) perform all other necessary legal services and provide all
       other necessary or appropriate legal advice to the Debtors
       in connection with these Chapter 11 Cases.

The Debtors assure the Court that Skadden is a "disinterested
person" within the meaning of Section 101(14) of the Bankruptcy
Code, as modified by Section 1107(b).

For 2015, the hourly rates under the Firm's standard rate structure
range from $895 to $1,350 for partners, $885 to $995 for counsel,
$380 to $870 for associates, and $200 to $350 for legal assistants.
The Firm has informed the Debtors that it will continue to honor
its courtesy discount, which the Firm has historically made to the
Debtors, of 10% off the foregoing rates.

Consistent with the Firm's policy with respect to its other
clients, Skadden will continue to charge the Debtors for all other
services provided and for other charges and disbursements incurred
in the rendition of services.  These charges and disbursements
include, among other things, costs for telephone charges,
photocopying, travel, business meals, computerized research,
messengers, couriers, postage, witness fees, and other fees related
to trials and hearings.

In connection with entry into the Engagement Agreement, the Debtors
agreed that a retainer would be applied to Skadden's professional
fees, charges, and disbursements.  The initial Retainer amount was
$121,906.

                       U.S. Trustee Guidelines

In response to the request for additional information set forth in
Part D.1. of the Revised U.S. Trustee Fee Guidelines, Skadden has
made the following disclosures:

   -- Skadden will bill non-working travel time at half of the
      otherwise applicable hourly rate, and Skadden will not
      continue to charge for disbursements that are not otherwise
      compensable under Sections 330 and 331 of the Bankruptcy
      Code;

   -- None of the professionals included in the engagement vary
      their rate based on the geographic location of the
      bankruptcy case;

   -- Skadden has represented Quiksilver, one of the Debtors,
      since 2004.  The billing rates for the 12 month prepetition
      period were comparable.  However, during the prepetition
      period, Skadden did charge for disbursements that are not
      otherwise compensable under 330 and 331 of the Bankruptcy
      Code;

   -- A budget and staffing plan for Skadden's legal services for
      the first four months of the Chapter 11 cases has been
      approved by the Debtors.  In accordance with the Revised
      U.S. Trustee Fee Guidelines, the budget may be amended as
      necessary to reflect changed circumstances or
      unanticipated developments.
   
Skadden has agreed to accept as compensation those sums as may be
allowed by the Court on the basis of the professional time spent,
the rates charged for those services, the necessity of those
services to the administration of the estate, the reasonableness of
the time within which the services were performed in relation to
the results achieved, and the complexity, importance and nature of
the problems, issues, and tasks addressed in thes Debtors' cases.

                         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 began operations in 1976 as a California company
making boardshorts for surfers in the United States under a license
agreement with the Quiksilver brand founders in Australia. The
Company later reincorporated in Delaware and went public in 1986.

In fiscal year 2014 (ended Oct. 31, 2014), 34% of the Company's
revenue was generated by the Debtors, within the United States. The
remaining 66% is attributable to the Non-Debtor Affiliates located
outside the United States.

Sales at Company retail stores accounted for approximately
28% of Company revenue during fiscal year 2014.  The Company's
retail shops include full-price stores, factory outlet stores, and
"shop-in-shops."  At the end of the fiscal year 2014, the
Company had approximately 266 full-price core brand stores, of
which 75 are located in the United States.

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.


R&D OFFICE: Case Summary & 6 Largest Unsecured Creditors
--------------------------------------------------------
Debtor: R&D Office Center, Inc.
        2561 Moody Blvd
        Flagler Beach, FL 32136

Case No.: 15-04126

Chapter 11 Petition Date: September 16, 2015

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

Debtor's Counsel: Scott W Spradley, Esq.
                  THE LAW OFFICES OF SCOTT W SPRADLEY, PA
                  PO Box 1
                  109 South 5th Street
                  Flagler Beach, FL 32136
                  Tel: (386) 693-4935
                  Fax: (386) 693-4937
                  Email: scott.spradley@flaglerbeachlaw.com

Total Assets: $751,462

Total Liabilities: $2.05 million

The petition was signed by Donna Tofal, president.

A list of the Debtor's six largest unsecured creditors is available
for free at http://bankrupt.com/misc/flmb15-04126.pdf


RADIOSHACK CORP: Plan Approval Stalled Over Lenders' Fee Demands
----------------------------------------------------------------
Peter Hall at Bankruptcy Law360 reported that disagreement over the
RadioShack Corporation's bankruptcy estate's obligation to pay the
court costs of lenders embroiled in a lawsuit by its committee of
unsecured creditors stalled the Company's bid on Sept. 16, 2015,
for approval of its Chapter 11 plan.

Lenders Standard General LP, which was also the stalking horse
bidder in the sale of the company's stores, and Wells Fargo Bank
NA, said on Sept. 16, that they are entitled to reimbursement of
litigation costs stemming from a suit by creditors.

                   About RadioShack Corporation

Headquartered in Fort Worth, Texas, RadioShack is a retailer of
mobile technology products and services, as well as products
related to personal and home technology and power supply needs.
RadioShack's retail network includes more than 4,300
company-operated stores in the United States, 270 company-operated
stores in Mexico, and approximately 1,000 dealer and other outlets
worldwide.

RadioShack Corporation and affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 15-10197) on Feb. 5, 2015. Judge
Kevin J. Carey presides over the case.

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

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

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

Quinn Emanuel Urquhart & Sullivan, LLP and Cooley LLP represent
the Official Committee of Unsecured Creditors as co-counsel.
Houlihan Lokey Capital, Inc., serves as financial advisor and
investment banker.  The bankruptcy case is assigned to Judge
Brendan L. Shannon.

The First Amended Plan provides that the SCP Agent will recover an
estimated 80% to 90% of its allowed claim amount, estimated to
total $70 million.  General Unsecured Claims, estimated to total
$200 to $400 million, will receive a Pro Rata share, with Allowed
Claims in Classes 6 and 7, of the Remaining Liquidating Trust
Assets.

A blacklined version of the Disclosure Statement is available at
http://bankrupt.com/misc/RSIds0810.pdf


RESIDENTIAL CAPITAL: Court Denies Motion to Modify Mediation Order
------------------------------------------------------------------
Judge Martin Glenn of the United States Bankruptcy Court for the
Southern District of New York denied UBS Real Estate Securities,
Inc., et. al.'s Motion to Modify Mediation Order issued in the
Chapter 11 cases of Residential Capital LLC and its debtor
affiliates.

The ResCap Liquidating Trust or its predecessor in interest,
Residential Funding Company, LLC f/k/a Residential Funding
Corporation, filed adversary proceedings against UBS Real Estate
Securities, Inc., et al., asserting breach of contract and
indemnification claims arising out of the Defendants' sale of
allegedly defective residential mortgage loans to RFC.  RFC
subsequently sold the loans to whole loan purchasers or pooled and
sold the loans into residential mortgage-backed securitization
trusts.  A number of lawsuits were filed against RFC challenging
its role in securitizing allegedly defective loans before the
Chapter 11 cases were filed.  After RFC and its debtor-affiliates
filed their chapter 11 cases in May 2012, hundreds of proofs of
claim, alleging billions of dollars of damages, were filed against
RFC based on the allegedly defective loans.

RFC ultimately resolved its RMBS-related liabilities in a global
settlement negotiated during the lengthy Court-ordered mediation in
the Debtors' chapter 11 cases.  The Trust sought to recoup these
losses and liabilities resulting from the Global Settlement and the
Plan by asserting breach of contract and indemnification claims
against the Defendants and others.

In the pending adversary proceedings, the Trust filed against the
Defendants, the Defendants sought discovery of oral and written
communications of the parties that participated in the mediation
relating to the RMBS claims that were resolved in the Global
Settlement.  In light of the objection and refusal of the Plaintiff
and other parties to the mediation to provide the requested
discovery based on the Mediation Order entered by the Court, the
Defendants filed a motion requesting that the Court modify the
Mediation Order.  The Defendants sought to modify the Mediation
Order so they can take discovery of mediation communications
concerning the Global Settlement; the Mediation Order protects the
communications from disclosure.  According to the Defendants, to
obtain indemnification from them, the Plaintiff must prove the
reasonableness of the Global Settlement and communications
concerning the Global Settlement are "critical" to that very issue.
Objections to the Motion were filed by the Plaintiff, the Debtors'
non-debtor parent, Ally Financial, Inc., and others.  The
Defendants filed a reply. Additionally, a group of sixty-seven
defendants in the Minnesota Actions filed a statement in support of
the Motion and the Reply.

The parties agree that the standard governing modification of the
Mediation Order is the three-part test set forth in Savage &
Associates, P.C. v. K&L Gates LLP (In re Teligent, Inc.), 640 F.3d
53 (2d Cir. 2011). The parties dispute whether the Defendants have
satisfied their burden under Teligent.

The Court held a hearing on the Motion on July 30, 2015. At the
conclusion of the hearing, the Court denied the Motion on the
record, holding that the Defendants failed to establish that
modification of the Mediation Order is warranted under the Teligent
three-prong test.

Judge Glenn stated the following additional reasons in support his
decision to deny the Defendants' Motion:

     (a) The Defendants have not established a special need to
obtain confidential mediation communications. The parties
participated in good faith reliance on the Mediation Order that
protected written and oral communications. The Defendants' ritual
incantation that mediation communications are "critical" or
"essential" to their defense carries little weight when both New
York and Minnesota law make clear that an objective test for
evaluating the reasonableness of the settlement controls.
Communications bearing on parties' subjective beliefs regarding the
reasonableness of the Global Settlement are not necessary to
determine the reasonableness of the settlement under an objective
standard.

     (b) The Defendants have not established that it would be
unfair to deprive them of the mediation communications. The
Mediation Order does foreclose the Defendants from relying on other
relevant evidence. In light of the fact that an objective test
applies to the reasonableness of the Global Settlement, it is not
unfair to deprive the Defendants from accessing the mediation
materials. Indeed, denying the Defendants access to mediation
communications does not prejudice their ability to challenge the
reasonableness of the Global Settlement; they remain free to
challenge the merits of the claims subject to the Global Settlement
and the defenses available at the time, and they can challenge the
methodologies and conclusions in the publicly available expert
reports offered in support of the Global Settlement.

     (c) The Defendants have not established that their need for
mediation materials outweighs the "important interest in protecting
the confidentiality of the material." The parties to the mediation
expected the Mediation Order would ensure that their mediation
communications remain confidential, and this expectation would be
frustrated if the Defendants were granted the relief sought in the
Motion.

The adversary cases are RESIDENTIAL FUNDING COMPANY, LLC,
Plaintiff, v. HSBC MORTGAGE CORP. (USA), Defendant. RESIDENTIAL
FUNDING COMPANY, LLC, Plaintiff, v. UBS REAL ESTATE SECURITIES,
INC., Defendant. RESCAP LIQUIDATING TRUST, Plaintiff, v. SUMMIT
FINANCIAL MORTGAGE, LLC, et ano., Defendants; RESCAP LIQUIDATING
TRUST, Plaintiff, v. MORTGAGE INVESTORS GROUP, INC., et al.,
Defendants; and RESIDENTIAL FUNDING COMPANY, LLC, Plaintiff, v.
SUNTRUST MORTGAGE, INC., Defendant, ADV. PROC. NO. 14-07900 (MG).,
14-01915 (MG), 14-01926 (MG), 14-01996 (MG), 14-02004 (MG),
13-01820 (MG).

The bankruptcy cases are In re: RESIDENTIAL CAPITAL, LLC, et al.,
Chapter 11, Debtors. In re: RESCAP LIQUIDATING TRUST MORTGAGE
PURCHASE LITIGATION, CASE NO. 12-12020 (MG), (JOINTLY
ADMINISTERED)(Bankr. S.D.N.Y.).

A full-text copy of Judge Glenn's Memorandum Opinion and Order
Denying Defendants' Motion to Modify Mediation Order dated August
28, 2015 is available at http://is.gd/tnHQ4cfrom Leagle.com.

The RescCap Liquidating Trust Mortgage Purchase Litigation is
represented by:

          Peter E. Calamari, Esq.
          QUINN EMANUEL
          51 Madison Avenue, 22nd Floor
          New York, NY 10010
          Tel: (212) 849-7000
          Fax: (212) 849-7100
          Email: petercalamari@quinnemanuel.com

               About Residential Capital

Residential Capital LLC, the unprofitable mortgage subsidiary of
Ally Financial Inc., filed for bankruptcy protection (Bankr.
S.D.N.Y. Lead Case No. 12-12020) on May 14, 2012. Neither Ally
Financial nor Ally Bank is included in the bankruptcy filings.

ResCap, one of the country's largest mortgage originators and
servicers, was sent to Chapter 11 with 50 subsidiaries amid
"continuing industry challenges, rising litigation costs and
claims, and regulatory uncertainty," according to a company
statement.

ResCap disclosed $15.7 billion in assets and $15.3 billion in
liabilities at March 31, 2012.

Centerview Partners LLC and FTI Consulting are acting as financial
advisers to ResCap.  Morrison & Foerster LLP is acting as legal
adviser to ResCap.  Curtis, Mallet-Prevost, Colt & Mosle LLP is
the conflicts counsel.  Rubenstein Associates, Inc., is the
public relations consultants to the Company in the Chapter 11
case.  Morrison Cohen LLP is advising ResCap's independent
directors.  Kurtzman Carson Consultants LLP is the claims and
notice agent.

Ray C. Schrock, Esq., at Kirkland & Ellis LLP, in New York, serves
as counsel to Ally Financial.

ResCap sold most of the businesses for a combined $4.5 billion.
The Bankruptcy Court in November 2012 approved ResCap's sale of
its mortgage servicing and origination platform assets to Ocwen
Loan Servicing, LLC and Walter Investment Management Corporation
for $3 billion; and its portfolio of roughly 50,000 whole loans
to Berkshire Hathaway for $1.5 billion.

Judge Martin Glenn in December 2013 confirmed the Joint Chapter 11
Plan co-proposed by Residential Capital and the Official Committee
of Unsecured Creditors.


RESIDENTIAL CAPITAL: Objection to Rode Claims Partially Sustained
-----------------------------------------------------------------
Judge Martin Glenn of the United States Bankruptcy Court for the
Southern District of New York sustained in part the objection filed
by the ResCap Borrower Claims Trust to Claim Nos. 5610 and 5612
filed by Richard D. Rode.

Rode asserts that Debtors Homecomings Financial, LLC, and GMAC
Mortgage, LLC, misapplied funds held in Rode's escrow account and
failed to honor the terms of a loan modification agreement dated
October 1, 2009.  The Claims are based on a Texas state court
action Rode filed against Homecomings and GMACM in July 2011.  The
Debtors removed the case to federal court.  The case was stayed
when the Debtors filed their bankruptcy cases in May 2012.

Rode alleged that the Debtors offered him a loan modification in
August 2009 on terms set forth in the written October Agreement;
Rode signed and returned the agreement as directed, along with a
required initial payment of $3,025.  Rode's next payment, in the
amount of $3,013, was due on November 1, 2009.  Homecomings
countersigned the loan modification agreement on October 7, 2009,
but did not return the countersigned copy to Rode -- GMACM alleged
that it processed an insurance refund on October 7 that would have
resulted in a surplus in Rode's escrow account.  GMACM contended
that its initial escrow analysis had likely been incorrect and it
"backed off the modification," insisting that it needed to be
modified, before delivering a countersigned copy to Rode.  Rode's
lawyer wrote two letters to GMACM in October 2009, stating that
Rode was ready, willing, and able to make the November 1, 2009
payment, but would not do so until GMACM confirmed that the
agreement had been finalized and the payments properly applied.
The standoff persisted until late February 2010, when GMACM
referred Rode's loan to foreclosure.  Rode responded in July 2011
with his state court lawsuit; an amended complaint was later filed
in February 2012.  The amended complaint alleged a litany of state
law causes of action against Homecomings and GMACM. Rode argued
that the October Agreement was binding on GMACM, while GMACM argued
that it was not binding.

Judge Glenn held that Rode has stated a breach of contract claim
based on the alleged October Agreement; but that Rode failed to
state a claim for any of the other causes of action underlying his
Claims. Consequently, Judge Glenn sustained the Objection in part
and overruled it, in part.

The case is In re: RESIDENTIAL CAPITAL, LLC, et al., Chapter 11,
Debtors, CASE NO. 12-12020 (MG) (JOINTLY ADMINISTERED).

A full-text copy of Judge Glenn's Memorandum Opinion and Order
Sustaining In Part And Overruling In Part The ResCap Borrower Claim
Trust's Objection To Claim Nos. 5610 And 5612 Filed By Richard D.
Rode dated September 2, 2015 is available at http://is.gd/TaZrpl
from Leagle.com.

Residential Capital, LLC is represented by:

          Jessica G. Berman, Esq.
          MEYER, SUOZZI, ENGLISH & KLIEN, P.C.
          990 Stewart Avenue
          Suite 300
          P.O. Box 9194
          Garden City, NY 11530
          Telephone: (516)741-6565
          Facsimile: (516)741-6706
          Email: jnerman@msek.com

             -- and --

          Donald H. Cram,III, Esq.
          SEVERSON & WERSON, PC
          One Embarcadero Center
          Suite 2600
          San Francisco, CA 94111
          Telephone: 415-398-3344
          Facsimile: 415-956-0439
          Email: dhc@severson.com

             -- and --

          Stefan W. Engelhardt, Esq.
          Todd M. Goren, Esq.
          Joel C. Haims, Esq.
          Gary S. Lee, Esq.
          Lorenzo Marinuzzi, Esq.
          Larren M. Nashelsky, Esq.
          Anthony Princi, Esq.
          Norman Scott Rosenbaum, Esq.
          Kayvan B. Sadeghi, Esq.
          MORRISON & FOERSTER, LLP
          250 West 55th Street
          New York, NY 10019-9601
          Telephone: (212)468-8000
          Facsimile: (212)468-7900
          Email: tgoren@mofo.com
                 jhaims@mofo.com
                 glee@mofo.com
                 lmarinuzzi@mofo.com
                 lnashelsky@mofo.com
                 aprinci@mofo.com
                 nrosenbaum@mofo.com
                 ksadeghi@mofo.com

             -- and --

          George M. Geeslin, Esq.
          Bonnie R. Golub, Esq.
          WEIR & PARTNERS, LLP
          The Widener Building
          Suite 500
          1339 Chestnut Street
          Philadelphia, PA 19107
          Telephone: (215)241-7719
          Facsimile: (215)665-8464
          Email: bgolub@weirpartners.com

             -- and --

          Steven J. Reisman, Esq.
          CURTIS, MALLET-PREVOST,
          COLT & MOSLE LLP
          101 Park Avenue
          New York, NY 10178-0061
          Telephone: (212)696-6065
          Facsimile: (212)697-1559

             -- and --

          John W. Smith T., Esq.
          BRADLEY ARANT BOULT CUMMINGS LLP  
          One Federal Place
          1819 Fifth Avenue North
          Birmingham, AL 35203
          Email: jsmitht@babc.com

The Official Committee of Unsecured Creditors, Creditor Committee
is represented by:

          Kenneth H. Eckstein, Esq.
          Douglas Mannal, Esq.
          Steven S. Sparling, Esq.
          KRAMER LEVIN NAFTALIS & FRANKEL LLP
          1177 Avenue of the Americas
          New York, NY 10036
          Telephone: (212)715-9100
          Facsimile: (212)715-8000
          Email: keckstein@kramerlevin.com
                 dmannal@kramerlevin.com
                 ssparling@kramerlevin.com

             -- and --

          Robert J. Feinstein, Esq.
          PACHULSKI STANG ZIEHL & JONES LLP
          780 Third Avenue
          34th Floor
          New York, NY 10017-2024
          Telephone: (212)561-7700
          Facsimile: (212)561-7777
          Email: rfeinstein@pszjlaw.com

             -- and --

          Ronald J. Friedman, Esq.
          Robert D. Nosek, Esq.
          SILVERMANACAMPORA LLP
          100 Jericho Quadrangle, Suite 300
          Jericho, New York 11753
          Telephone: (516)479-6303
          Facsimile: (516)479-6301
          Email: Rfriedman@SilvermanAcampora.com

The Official Committee of Unsecured Creditors of Residential
Capital, LLC is represented by:

          Stephen Zide, Esq.
          KRAMER LEVIN NAFTALIS AND FRANKEL, LLP
          1177 Avenue of the Americas
          New York, NY 10036
          Telephone: (212)715-9100
          Facsimile: (212)715-8000
          Email: szide@kramerlevin.com

                  About Residential Capital

Residential Capital LLC, the unprofitable mortgage subsidiary of
Ally Financial Inc., filed for bankruptcy protection (Bankr.
S.D.N.Y. Lead Case No. 12-12020) on May 14, 2012. Neither Ally
Financial nor Ally Bank is included in the bankruptcy filings.

ResCap, one of the country's largest mortgage originators and
servicers, was sent to Chapter 11 with 50 subsidiaries amid
"continuing industry challenges, rising litigation costs and
claims, and regulatory uncertainty," according to a company
statement.

ResCap disclosed $15.7 billion in assets and $15.3 billion in
liabilities at March 31, 2012.

Centerview Partners LLC and FTI Consulting are acting as financial
advisers to ResCap.  Morrison & Foerster LLP is acting as legal
adviser to ResCap.  Curtis, Mallet-Prevost, Colt & Mosle LLP is
the conflicts counsel.  Rubenstein Associates, Inc., is the
public relations consultants to the Company in the Chapter 11
case.  Morrison Cohen LLP is advising ResCap's independent
directors.  Kurtzman Carson Consultants LLP is the claims and
notice agent.

Ray C. Schrock, Esq., at Kirkland & Ellis LLP, in New York, serves
as counsel to Ally Financial.

ResCap sold most of the businesses for a combined $4.5 billion.
The Bankruptcy Court in November 2012 approved ResCap's sale of
its mortgage servicing and origination platform assets to Ocwen
Loan Servicing, LLC and Walter Investment Management Corporation
for $3 billion; and its portfolio of roughly 50,000 whole loans
to Berkshire Hathaway for $1.5 billion.

Judge Martin Glenn in December 2013 confirmed the Joint Chapter 11
Plan co-proposed by Residential Capital and the Official Committee
of Unsecured Creditors.


REXFORD PROPERTIES: Files Schedules of Assets and Liabilities
-------------------------------------------------------------
Rexford Properties LLC filed with the U.S. Bankruptcy Court for the
Central District of California its schedules of assets and
liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                   Unknown
  B. Personal Property            $1,107,620
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                                        $0
  E. Creditors Holding
     Unsecured Priority
     Claims                                          $317,540
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                       $12,565,901
                                 -----------      -----------
        Total                     $1,107,620*     $12,883,441

* plus unknown amounts

A copy of the schedules filed July 21, 2015, is available for free
at http://bankrupt.com/misc/REXFORDPROPERTIES_72_sal.pdf

The Debtor sought and obtained a July 21, 2015 extension of the
deadline to file the schedules.  No objections to the requested
extension were filed.

                     About Rexford Properties

Valley Village, California-based Rexford Properties LLC filed for
Chapter 11 protection (Bank. C.D. Calif. Case No. 15-12116) on June
16, 2015.  The petition was signed by Lisa Ehrlich, managing
member.

Bankruptcy Judge Martin R. Barash presides over the case.  Michael
M. Lauter, Esq., at Sheppard Mullin Richter & Hampton LLP
represents the Debtor in its restructuring effort.

The Debtor disclosed total assets of $1,107,620 plus a unknown
amount and total liabilities of $12,883,441.

A meeting of creditors in the Debtor's case was held on July 30,
2015.  The last day to oppose discharge or dischargeability is
Sept. 28.



REXFORD PROPERTIES: Sheppard Mullin Approved as Bankruptcy Counsel
------------------------------------------------------------------
Rexford Properties LLC won approval from the bankruptcy court to
employ Sheppard, Mullin, Richter & Hampton LLP, as counsel.

In a supplemental declaration in connection with the application,
Sheppard Mullin stated that it would reveal the source of payment
of the prepetition fees waived as to the Debtor for the litigation
services related to the USF&G Litigation pending Los Angeles
Superior Court once that source became known to Sheppard Mullin.

According to Mr. Lauter, that source has now been determined -- the
fees will be paid by the Marcia Ehrlich Survivor's Trust, which is
a 30.5% equity holder in the Debtor.  As previously disclosed, no
money is owed by the Marcia Ehrlich Survivor's Trust to the Debtor,
so the payment of the fees for the litigation services is not
reducing any potential return to the Debtor's estate.  Further, due
to an accounting issue, the amount of the fees for the litigation
services was understated in the
application -- it was stated in the application to be roughly
$410,000, but upon further review is approximately $510,000.

No objection to the application was received by the Debtor in the
time period provided in Local Bankruptcy Rule 9013-1(o), despite
proper service of the application.

The Debtor on July 9 filed a supplement to the application to
provide additional background regarding the connections disclosed
in the application, as requested by the Office of the U.S. Trustee.


The hourly rates of the Sheppard Mullin attorneys most likely to
render services in the case are:

         Alan Feld, partner                   $750
         Michael M. Lauter, partner           $595
         Robert K. Sahyan, senior associate   $570
         Shadi Mahmoudi Associate             $335

Sheppard Mullin will render services to the Debtor at Sheppard
Mullin's standard rates and fees, except that it has agreed to
discount Mr. Sahyan's rate from $595 per hour to $570 for the
purposes of the engagement.

In connection with the engagement agreement, the Debtor paid to
Sheppard Mullin the amount of $125,000 to serve as a retainer in
connection with the Debtor's case.

As of the Petition Date, Sheppard Mullin is owed approximately
$410,000 in fees and costs on account of the litigation services
and $65,000 on account of the Bankruptcy preparation services.
Prior to the Petition Date, Sheppard Mullin waived its right to
receive payment from the Debtor of the fees and costs incurred in
connection with the litigation services or the Bankruptcy
preparation services.

The Debtor is advised that Sheppard Mullin may draw down on the
retainer by complying with the guide to applications for retainers,
and professional and insider compensation promulgated by the Office
of the U.S. Trustee and the orders of the Court.

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

The firm can be reached at:

         Alan M. Feld, Esq.
         Michael M. Lauter, Esq.
         Robert K. Sahyan, Esq.
         Shadi Mahmoudi, Esq.
         SHEPPARD, MULLIN, RICHTER & HAMPTON LLP
         333 South Hope Street, 43rd Floor
         Los Angeles, CA 90071-1422
         Tel: (213) 620-1780
         Fax: (213) 620-1398
         E-mail: afeld@sheppardmullin.com
                 mlauter@sheppardmullin.com
                 rsahyan@sheppardmullin.com
                 smahmoudi@sheppardmullin.com

                     About Rexford Properties

Valley Village, California-based Rexford Properties LLC filed for
Chapter 11 protection (Bank. C.D. Calif. Case No. 15-12116) on June
16, 2015.  The petition was signed by Lisa Ehrlich, managing
member.

U.S. Bankruptcy Judge Martin R. Barash presides over the case.
Michael M. Lauter, Esq., at Sheppard Mullin Richter & Hampton LLP,
represents the Debtor in its restructuring effort.

The Debtor disclosed total assets of at least $1,107,620 and total
liabilities of $12,883,441.



RIVER OF LIFE: Case Summary & 7 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: River of LIfe Christian Church, Inc
        13799 Warwick Blvd
        Newport News, VA 23602

Case No.: 15-51218

Chapter 11 Petition Date: September 16, 2015

Court: United States Bankruptcy Court
       Eastern District of Virginia (Newport News)

Judge: Hon. Frank J. Santoro

Debtor's Counsel: Kim A. Lewis, Esq.
                  JOHN W. LEE, P.C.
                  2017 Cunningham Dr, Ste 402
                  Hampton, VA 23666
                  Tel: 757-727-9161
                  Fax: 757-896-0679
                  Email: klewisesq@aol.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Reginald Lee, president.

A list of the Debtor's seven largest unsecured creditors is
available for free at http://bankrupt.com/misc/vaeb15-51218.pdf


RIVER ROAD: Court Grants FBR $2.5 Million Restructuring Fee
-----------------------------------------------------------
Judge Janet S. Baer of the United States Bankruptcy Court for the
Northern District of Illinois, Eastern Division, overruled the
objection filed by Bletchley Hotel at O'Hare LLC to FBR Capital
Markets & Co.'s Amended Fee Application.  Judge Baer ruled that FBR
was entitled to its $2,568,145.89 Restructuring Fee.

FBR is a financial advisor retained by River Road Hotel Partners,
LLC and its affiliated Debtors. FBR is party to a continuing
dispute over fees and expenses currently totalling over $4.4
million.

In a prior proceeding, FBR requested a restructuring fee and
Bletchley, the plan transferee created through the confirmed plan
and the entity responsible for the payment of all allowed
administrative expenses in the case, objected. After briefing and a
bench trial, the Court issued a memorandum opinion holding that FBR
was entitled to the Restructuring Fee (the "October 2014 Opinion").
The corresponding order approving the Restructuring Fee directed
FBR to submit an amended final fee application with updated
calculations for the Fee.

FBR filed its amended second fee application, which sought not only
the Restructuring Fee of approximately $2.5 million, but also more
than $1.8 million in expense reimbursement, the majority of which
was incurred for attorneys' fees in defense of FBR's fee request.
Bletchley objected to the Amended Fee Application. In its
objection, Bletchley effectively asked the Court to reconsider its
decision in the October 2014 Opinion regarding FBR's entitlement to
the Restructuring Fee. Bletchley also argued that FBR's expense
request for attorneys' fees for work performed in defending the fee
application should be denied or the fees substantially reduced.

Judge Baer held that she will not reconsider her decision in the
October 2014 Opinion and found that FBR is entitled to the
Restructuring Fee in the amount of $2,568,145.89. Judge Baer
likewise awarded FBR with $62,466.60, for reimbursement of
expenses. She denied all other requested expenses.

The case is IN RE: RIVER ROAD HOTEL PARTNERS, LLC, ET AL., Chapter
11, Debtors, BANKRUPTCY CASE NO. 09 B 30029 (Bankr. N.D. Ill.).

A full-text copy of Judge Baer's Memorandum Opinion dated August
31, 2015 is available at http://is.gd/J9EcM1
from Leagle.com.

River Road Hotel Partners, LLC is represented by:

          Brian A. Audette, Esq.
          David M. Neff, Esq.
          Eric E. Walker, Esq.
          PERKINS COIE LLP
          131 South Dearborn Street
          Suite 1700
          Chicago, Illinois 60603-5559
          Telephone: (312)324-8400
          Facsimile: (312)324-9400
          Email: BAudette@perkinscoie.com
                 DNeff@perkinscoie.com
                 EWalker@perkinscoie.com

The Official Committee of Unsecured Creditors is represented by:

          Stephen T. Bobo, Esq.
          Ann E. Pille, Esq.
          REED SMITH LLP
          10 South Wacker Drive, 40th Floor
          Chicago, IL 60606-7507
          Telephone: (312)207-6480
          Facsimile: (312)207-6400
          Email: sbobo@reedsmith.com
                 apille@reedsmith.com
        
              About River Road Hotel Partners

River Road Hotel Partners, LLC, developed and manages the
InterContinental Hotel Chicago O'Hare located in Rosemont,
Illinois.  Affiliate RadLAX Gateway Hotel LLC owns the Radisson
hotel at Los Angeles International Airport.  Both were controlled
owned by Harp Group.

River Road and its affiliates filed Chapter 11 in Chicago (Bankr.
N.D. Ill. Lead Case No. 09-30029) on Aug. 17, 2009.  Based in Oak
Brook, Illinois, River Road estimated assets of as much as
$100 million and debt of as much as $500 million in its Chapter 11
petition.  River Road disclosed $0 in assets and $14,400,000 in
liabilities as of the Chapter 11 filing.

RadLAX and its affiliates filed a separate chapter 11 petition
(Bankr. N.D. Ill. Case No 09-30047) also on the same date,
estimating assets at $50 million to $100 million.

David M. Neff, Esq., at Perkins Coie LLP, serves as counsel to the
River Road and RadLAX debtors.  The two cases, however, are not
jointly administered.

The Official Committee of Unsecured Creditors is represented by
Stephen T. Bobo and Ann E. Pille at Reed Smith LLP.

Adam A. Lewis, Esq., and Norman S. Rosenbaum, Esq., of Morrison
Foerster LLP of San Francisco, California; and John W. Costello,
Esq., and Mary E. Olson, Esq., of Wildman, Harrold, Allen & Dixon
LLP of Chicago, Illinois, represented Amalgamated Bank.  John
Sieger, Esq., and Andrew L. Wool, Esq., of Katten Muchin Rosenman
LLP represented U.S. Bank.

The bankruptcy judge in Chicago on July 7, 2011, signed a
confirmation order for the Chapter 11 plan for River Road.  The
plan, which was proposed by River Road's lender, Amalgamated Bank,
will give ownership in exchange for $162 million in debt.  The
lender waived its deficiency claim on taking title through the
plan.  The plan was declared effective Nov. 23, 2011.

RadLAX's case was dismissed in Sept. 2012.


SABINE OIL: Has Green Light to Use Cash Collateral
--------------------------------------------------
Jonathan Randles at Bankruptcy Law360 reported that a New York
bankruptcy judge on Sept. 16, 2015, said that she would sign off on
Sabine Oil & Gas Corp.'s request to tap into cash collateral to
continue funding the oil producers' operations and Chapter 11
proceedings.

U.S. Bankruptcy Judge Shelley Chapman approved Sabine's motion
after the debtor modified its request to accommodate unsecured
creditors and other parties that had objected to terms included in
the company's request.  Approval of the motion follows days of
negotiations between various Sabine stakeholders.

                       About Sabine Oil & Gas

Sabine Oil & Gas Corp. is an independent energy company engaged in
the acquisition, production, exploration, and development of
onshore oil and natural gas properties in the U.S.  The Company's
current operations are principally located in the Cotton Valley
Sand and Haynesville Shale in East Texas, the Eagle Ford Shale in
South Texas, the Granite Wash in the Texas Panhandle, and the
North
Louisiana Haynesville.  The Company operates, or has joint working
interests in, approximately 2,100 oil and gas production sites
(approximately 1,800 operating and approximately 315
non-operating)
and has approximately 165 full-time employees.

Sabine Oil and its affiliated entities sought Chapter 11
protection
(Bankr. S.D.N.Y. Lead Case No. 15-11835) in Manhattan on July 15,
2015.

The Debtors have engaged Kirkland & Ellis LLP and Kirkland & Ellis
International LLP, as counsel; Lazard Freres & Co. LLC, as
investment banker, and Prime Clerk LLC as notice, claims and
balloting agent.  The Debtors also tapped Zolfo Cooper Management,
LLC, to provide Jonathan A. Mitchell as CRO and other additional
personnel.

The U.S. Trustee for Region 2 appointed five creditors to
serve
on the official committee of unsecured creditors.  The Committee
is
represented by Mark R. Somerstein, Esq., Keith H. Wofford, Esq.,
and D. Ross Martin, Esq., at Ropes & Gray LLP as their counsel.  
The Committee is also hiring Blackstone Advisory Partners L.P. as
investment banker; and Berkeley Research Group, LLC as financial
advisor.


SAMSON RESOURCES: Case Summary & 50 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

        Debtor                                     Case No.
        ------                                     --------
        Samson Resources Corporation               15-11934
           fka Tulip Acquisition Corporation
           fka Samson Holding Corporation
        Two West Second Street
        Tulsa, OK 74103-3103

        Geodyne Resources, Inc.                    15-11935
        Samson Contour Energy Co.                  15-11936
        Samson Contour Energy E&P, LLC             15-11937
        Samson Holdings, Inc.                      15-11938
        Samson-International, Ltd.                 15-11939
        Samson Investment Company                  15-11940
        Samson Lone Star, LLC                      15-11941
        Samson Resources Company                   15-11942

Type of Business: Engages in the exploration, development, and
                  production of oil and natural gas.

Chapter 11 Petition Date: September 16, 2015

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

Debtors'          KIRKLAND & ELLIS LLP
General
Counsel:

Debtors' Local    Domenic E. Pacitti, Esq.
Counsel:          KLEHR HARRISON HARVEY BRANZBURG LLP
                  919 Market Street, Suite 1000
                  Wilmington, DE 19801
                  Tel: 302-552-5511
                  Fax: 302-426-9193
                  Email: dpacitti@klehr.com

Debtors'          ALVAREZ & MARSAL LLC
Financial
Advisor:

Debtors'          BLACKSTONE ADVISORY PARTNERS L.P.
Investment
Banker:

Debtors'          GARDEN CITY GROUP, LLC
Notice and
Claims
Agent:

Estimated Assets: More than $1 billion

Estimated Liabilities: More than $1 billion

The petition was signed by Philip W. Cook, executive vice president
and chief financial officer.

Consolidated List of Debtor's 50 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          --------------- --------------
Wilmington Trust Corporation        9.750% Senior  $2,378,578,125
as Trustee                           Notes Due
Attn: Steven M. Cimalore               2020
Vice President
1100 North Market Street
Wilmington, DE 19890
United States
Tel: 302.636.6058

Nabors Drilling USA, LP              Trade Debt        $3,688,750
Attn: William Restrepo
Chief Financial Officer
515 West Greends Road
Suite 1200
Houston, TX 77067
United States
Tel: 281.841.0035
Fax: 281.775.8462

Northern Electric Inc.               Trade Debt          $924,129
Attn: Tyler Fleming
Chief Financial Officer
12789 Emerson Street
Thornton, Co 80241
United States
Tel: 303.428.6969
Fax: 303.428.6669
Email: tfleming@northernelec.com

Danlin Industries Corporation        Trade Debt          $498,599
Attn: Danny J. Floyd
President
23737 State Highway 47
Thomas, OK 73669
United States
Tel: 560.661.3248
Fax: 580.661.3215

J-W Power Company                    Trade Debt          $367,564
Attn: Howard G Westerman
Chief Executive Officer
15505 Wright Brothers DR
Addison, TX 75001
United States
Tel: 972.233.8191
Fax: 972.991.0704

Pinnergy Ltd.                        Trade Debt          $270,440
Attn: Randy Taylor
Chief Executive Officer
111 Congress Ave Ste 2020
Austin, TX 78701
United States
Tel: 512.343.8880
Fax: 512.343.8885

Exterran Energy Solutions LP          Trade Debt         $220,070

Enervest Operating LLC                Trade Debt         $211,865

Ronman Trucking LLC                   Trade Debt         $207,786

Heckmann Water Resources (CVR) Inc.   Trade Debt         $199,828

Northwest Septic & Oilfield Service   Trade Debt         $194,725

R360 Environmental Solutions Holdings Trade Debt         $176,346

Portal Service Company Inc.           Trade Debt         $147,752

Basic Energy Services LP              Trade Debt         $139,671

Genesis Endeavors LLC                 Trade Debt         $138,336

Conocophillips                        Trade Debt         $133,687

Chesapeake Operating, Inc.             Contract          $132,981
                                                            +
                                                     Undetermined

Tru-Tech Products LLC                 Trade Debt        $123,818

Conestoga Production Services LLC     Trade Debt        $118,543

Globe Energy Services LLC             Trade Debt        $108,564

SES USA Holdings Inc.                 Trade Debt        $106,134

Arrow Electric Inc.                   Trade Debt         $85,996

Cimarex Energy Co.                    Trade Debt         $84,195

Industrial Oils Unlimited Inc.        Trade Debt         $76,751

Weatherford US Holdings LLC           Trade Debt         $75,618

Acadiana Maintenance Service LLC      Trade Debt         $68,880

Louisiana Machinery Company LLC       Trade Debt         $68,021

Jones Energy Ltd.                     Trade Debt         $66,406

Lufkin Industries Inc.                Trade Debt         $65,847

Core Laboratories LP                  Trade Debt         $64,903

Continental Resources, Inc.            Contract     Undetermined

Danny Soulier                         Litigation    Undetermined

Edward N. Agurkis, Jr.                 Contract     Undetermined

G4, LLC                               Litigation    Undetermined

James J. Simmons                       Contract     Undetermined

Lola Michaud                          Litigation    Undetermined

Michael H. Mitchell                    Dispute      Undetermined

Narrow Door Interests LP              Litigation    Undetermined

Oneok Rockies Midstream, LLC           Dispute      Undetermined

Panther Creek Resources                Dispute      Undetermined

Presco, Inc.                           Dispute      Undetermined

Rick Van Hersh, III                   Litigation    Undetermined

RLCapps Family 2008 LP                Litigation    Undetermined

Robert E. Turner                      Litigation    Undetermined

Shankedra Bradley                     Litigation    Undetermined

Soo Line Railroad Company             Litigation    Undetermined

State of Oklahoma                       Unpaid      Undetermined
                                      Escheatment

Walter Alatorre Diaz                  Litigation    Undetermined

XOG Employee Royalty Fund LLC         Litigation    Undetermined

XOG Operating LLC/                    Litigation    Undetermined
Geronimo Holding Company


SAMSON RESOURCES: Files for Chapter 11 with Pre-Arranged Plan
-------------------------------------------------------------
Samson Resources Corporation and eight of its affiliates sought
Chapter 11 bankruptcy protection in Delaware to effectuate a
restructuring that is supported by owners Kohlberg Kravis Roberts &
Co. L.P., and a group of investors, including Crestview Partners,
and more than 68 percent of second-lien lenders.

As with other companies in the oil and gas industry, Samson has
been hit by liquidity challenges due to a dramatically low natural
gas prices, a steep drop in the price of oil, and general market
uncertainty.

"With the price of natural gas at historic lows, the commodity
price decline has created a perfect storm necessitating immediate
action to restore the health of the company," Philip Cook,
executive vice president and chief financial officer of Samson,
says in a declaration filed together with the petition.

Samson produced approximately 530 million cubic feet equivalents
of gas and oil per day in 2014 from its producing wells, but has
temporarily suspended exploration and drilling operations in light
of its current financial distress and the recent industry turmoil.

Mr. Cooks relates Samson took aggressive and proactive steps --
from significant cost-cutting measures and performance improvement
initiatives to select asset sales and an in-depth strategic review
of all assets and operations -- to address these challenges.

The Company announced a plan to reduce its workforce by
approximately 35 percent (approximately 375 employees) in March
2015.  These cuts resulted in approximately $60 million of
annualized savings.  Currently, Samson has approximately 600
full-time employees.

In addition, in December 2014, Samson hired K&E and Blackstone to
begin exploring restructuring alternatives.  In February 2015,
Samson also retained Alvarez & Marsal North America, LLC.

As of the Petition Date, Samson reported $4.9 billion in total
liabilities.

                 Restructuring Support Agreement

On Aug. 14, 2015, Samson; its owners Kohlberg Kravis Roberts & Co.
L.P., and a group of investors, including Crestview Partners (the
"Sponsors"); and a group of second lien lenders entered into a
restructuring support agreement.

In connection with entering into the Restructuring Support
Agreement, Samson did not make the approximately $110 million
interest payment on the notes due on Aug. 17, 2015, and elected to
utilize the corresponding 30-day grace period to fully document the
restructuring transaction.

Since signing the Restructuring Support Agreement, Samson has
documented the terms of the prearranged restructuring, including
the chapter 11 plan of reorganization.

The Plan contemplates the implementation of a debt-for-equity
conversion and a $450 to $485 million fully back-stopped rights
offering.  The proposed restructuring will deleverage the company
by more than $3 billion and reduce debt service by more than $250
million.  With approximately $250 million of projected cash on hand
at emergence, Samson will be able to restart drilling operations
and implement its portfolio optimization program.

The plan effectuates a debt-for-equity conversion and rights
offering, which will significantly reduce long-term debt and annual
interest payments and result in a stronger balance sheet for
Samson.  The key terms of the plan include the following:

  * New Money Investment.  A new money investment of a minimum of
    $450 million, consisting of a minimum amount of $325 million
    in new common equity in the reorganized company and a maximum
    of $125 million of new second lien debt of the reorganized
    company, to be raised through a rights offering available to
    all second lien lenders.  If the Company's projected liquidity

    is projected to be less than $350 million as of the effective
    date, an accordion provides for an additional investment of
    new common equity and new second lien debt of $35 million by
    the second lien lenders who elect to participate in the rights

    offering.  The aggregate new money investment under the rights
    offering will be backstopped by certain of the second lien
    lenders.

  * Exit First Lien Credit Facility.  The exit first lien
    revolving credit facility will be a reserve-based revolving
    credit facility with a borrowing base of at least $750 million
    on the Effective Date, and such other terms reasonably
    acceptable to the Samson and the required backstop parties,
    which may either be an amended and restated First Lien Credit

    Agreement or a new facility.

  • Recovery to Second Lien Lenders.  The second lien lenders
will
    receive all of the new common equity in the reorganized
    company, less the new common equity issued to the rights
    offering participants, the backstop parties, and the holders
    of allowed general unsecured claims.

  * Recovery to Holders of Unsecured Claims.  Holders of allowed
    general unsecured claims (including claims under the senior
    unsecured notes) will receive 1.0 percent of the
    reorganized common equity if they vote for the plan and 0.5
    percent if they do not (subject to dilution on account of the
    management incentive program).

  * Releases.  The plan includes certain releases that are
    consistent with the releases contained in the Restructuring
    Support Agreement.  The releases in the Restructuring
    Support Agreement provide, in consideration for the Sponsors'  

    agreement to support the plan and restructuring (including by
    cooperating to preserve the debtor's valuable tax attributes)
    a mutual release between the second lien lenders that signed
    the agreement and the Sponsors and a release of the Sponsors
    by Samson.

  * Preservation of Tax Attributes.  The plan will preserve
    Samson's valuable tax attributes -- approximately $1.4 billion

    of net operating losses as of Dec. 31, 2014 -- to defray
    cancellation of debt income and for future offsets against
    income tax obligations.

In light of the release provisions included in the Restructuring
Support Agreement and the plan, as well as the possibility of the
receipt of alternative restructuring proposals, Samson has
appointed Alan B. Miller as an independent director to each of the
Debtors' authorizing bodies.  Mr. Miller, through Samson, has
engaged the law firm of Skadden, Arps, Slate, Meagher & Flom LLP to
assist in his review of the investigation  and determining the
appropriateness of the releases included in the plan.

Samson's restructuring support agreement requires it to move
quickly through chapter 11 and seek confirmation of the proposed
plan by Dec. 1, 2015.  

A full-text copy of the Disclosure Statement explaining the Plan is
available for free at:

           http://bankrupt.com/misc/16_SAMSON_DS.pdf

                       Competing Proposal

A group holding more than a majority of Samson's $2.25 billion
in unsecured notes had proposed an out-of-court exchange offer and
new money investment to be led by the participating noteholders.
Through the use of existing indebtedness and lien baskets and a
refinancing or amendment of the existing $950 million first lien
credit facility, the potential transaction would have resulted in a
"layering" of approximately $650 million in fresh capital from the
noteholders, together with exchanged unsecured indebtedness (at a
discount), ahead of the existing second lien term loan and directly
behind the refinanced or amended first lien credit facility.

Notwithstanding threats of litigation from the noteholders, Samson
did not agree to effectuate the noteholder-led proposal saying the
unsecured exchange alternative simply was not feasible.

                         First Day Motions

To minimize the adverse effects on their businesses, the Debtors
have filed "first day" relief seeking: (a) joint administration of
their cases; (b) authority to pay employee compensation, (c)
authority to continue using existing cash management system, (d)
order prohibiting utility providers from discontinuing services,
and (e) authority to use cash collateral.

A copy of the declaration in support of the First Day Motions is
available for free at:

         http://bankrupt.com/misc/2_SAMSON_Declaration.pdf

                            About Samson

Samson Resources Corporation, et al., filed Chapter 11 bankruptcy
petitions (D. Del. Case Nos. 15-11934 to 15-11942) on Sept. 16,
2015.  

Samson is an onshore oil and gas exploration and production company
with interests in various oil and gas leases primarily located in
Colorado, Louisiana, North Dakota, Oklahoma, Texas, and Wyoming.
The Operating Companies operate, or have royalty or working
interests in, approximately 8,700 oil and gas production sites.

Samson was acquired by KKR and Crestview from Charles Schusterman
in December 2011 for approximately $7.2 billion.  The investor
group provided approximately $4.1 billion in equity investments as
part of the purchase price.



SEWARD SHIP'S: Voluntary Chapter 11 Case Summary
------------------------------------------------
Debtor: Seward Ship's Drydock, Inc.
        PO Box 944
        Seward, AK 99664

Case No.: 15-00279

Nature of Business: Marine Construction

Chapter 11 Petition Date: September 16, 2015

Court: United States Bankruptcy Court
       District of Alaska (Anchorage)

Debtor's Counsel: David H. Bundy, Esq.
                  DAVID H. BUNDY, PC
                  310 K Street, Suite 200
                  Anchorage, AK 99501
                  Tel: (907) 248-8431
                  Fax: (907) 248-8434
                  Email: dhb@alaska.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by James T. Pruitt, president.

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


SIGNAL INTERNATIONAL: Defends DIP Financing, PSA and Bid Protocol
-----------------------------------------------------------------
Signal International, Inc., et al. filed with the United States
Bankruptcy Court for the District of Delaware its reply to the
objection of Max Specialty Insurance Company to the Debtors'
request for approval of the DIP Financing, bid procedures and
assumption of plan support agreement.

In its Reply, the Debtors asserted that the objection is groundless
and should be denied. The Debtors reminded the Court that, after
seven years of protracted and highly contentious multi-action
litigation and negotiations, they have reached a global resolution
of their disputes with the Teachers' Retirement System of Alabama
and Employees' Retirement System of Alabama (RSA) and the vast
majority of the more than 230 plaintiffs that have filed suit
against the Debtors, alleging violations regarding treatment of the
workers and quality of working conditions. The Debtors believe that
the global resolution is a remarkable achievement that resolves
nearly all of their major outstanding issues as fairly as possible
given the extremely difficult circumstances.

The Debtors said the proposed DIP Facility, PSA, and Bid Procedures
are integral to the proposed global resolution and critical to
their ability to maximize the value of their assets and confirm a
plan in these cases.  They pointed out that:

     -- The DIP Facility was the best and only option to fund the
administration of these chapter 11 cases and preserve the Debtors'
operations and value of their estates.

     -- The PSA binds the parties to the agreed global resolution
and charts a largely consensual path towards confirmation of a
chapter 11 plan that provides for a meaningful distribution to
unsecured creditors.

     -- The Bid Procedures, in the Debtors' judgment, represent the
best possible method to obtain the maximum value for the Debtors'
estates and creditors. Moreover, to the extent that it has as
secured claim, Max Specialty is adequately protected under the
Debtors' proposed DIP facility. The proposed roll-up and
cross-collateralization provisions are not prejudicial to Max
Specialty.

The Teachers' Retirement System of Alabama and Employees'
Retirement System of Alabama (RSA) filed its joinder in support of
the Debtors' reply to the Objection of Max Specialty. In its
Joinder, the RSA explained that it adopts the reply as well as the
applicable legal authority and arguments submitted by the Debtors.

In its Objection, Max Specialty asserted that it has a lien on all
of Signal's property within Jackson County, Mississippi, including
Signal's Prascagoula, Mississippi facility. The Debtors have no
legal basis for eliminating Max Specialty's rights as a secured
creditor. The Debtors seek to strip Max Specialty of its lien
rights in order to benefit the DIP Lenders and Prepetiiton Lenders
by giving them priming liens. Even if the Debtors had sought
priming liens, their motion, Max said, would fail for they have
failed to even to identify liens to be primed, do not propose
providing Max Specialty with the adequate protection required for
priming, or otherwise made the extraordinary showing required for
priming. Even if the Debtors identified the Max Specialty lien and
moved under the proper Code section, the motion would fail for lack
of adequate protection.

As to prepetition lenders, the Debtors propose to grant the
prepetition lenders adequate protection liens, again without
providing adequate protection to Max Specialty.
Cross-collateralization improperly permits undersecured
pre-petition lenders to enhance their security post-petition at the
expense of every other creditor of the estate and is thus
inconsistent with the priority scheme of the Bankruptcy Code, Max
argued.  The Debtors, Max said, should not be permitted to deprive
Max Specialty of its right to marshaling. Proposed distribution of
excess sale proceeds should not be approved.  The Debtors cannot
artificially allocate the purchase price so as to strip Max
Specialty of the value of its liens.

Signal International, Inc., et al. are represented by:

          M. Blake Cleary, Esq.
          Kenneth J. Enos, Esq.
          Jaime Luton Chapman, Esq.
          Travis G. Buchanan, Esq.
          YOUNG CONAWAY STARGATT & TAYLOR, LLP
          Rodney Square
          1000 North King Street
          Wilmington, DE 19801
          Tel: (302) 571-6600
          Fax: (302) 571-1253
          Email: mbcleary@ycst.com
                 kenos@ycst.com
                 jchapman@ycst.com
                 tbuchanan@ycst.com

Teachers' Retirement System of Alabama and the Employees'
Retirement System of Alabama are represented by:

          Eric D. Schwartz, Esq.
          Gregory W. Werkheiser, Esq.
          Erin R. Fay, Esq.
          MORRIS, NICHOLS, ARSHT & TUNNELL LLP
          1201 North Market Street, 16th Floor
          P.O. Box 1347
          Wilmington, DE 19899
          Tel: (302) 658-9200
          Fax: (302) 658-3989
          Email: eschwartz@mnat.com
                 gwerkheiser@mnat.com
                 efay@mnat.com

               - and -

          Derek F. Meek, Esq.
          Jeffrey T. Baker, Esq.
          Marc P. Solomon, Esq.
          BURR FORMAN LLP
          420 North 20th Street, Suite 3400
          Birmingham, AL 35203
          Tel: (205) 251-3000
          Fax: (205) 458-5100
          Email: dmeek@burr.com
                 jbaker@burr.com
                 msolomon@burr.com

Max Specialty Insurance Company n/k/a Alterra Excess Company is
represented by:

          Christopher P. Simon, Esq.
          CROSS & SIMON, LLC
          1105 N. Market Street, Suite 901
          P.O. Box 1380
          Wilmington, DE 19899
          Tel: (302) 777-4200
          Fax: (302) 777-4224
          Email: csimon@crosslaw.com

               - and -

          Filiberto Agusti, Esq.
          Joshua R. Taylor, Esq.
          STEPTOE & JOHNSON LLP
          1330 Connecticut Avenue, NW
          Washington, DC 20036
          Tel: (202) 429-3000
          Fax: (202) 261-0658
          Email:  fagusti@steptoe.com
                  jrtaylor@steptoe.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.


SOLEDAD, CA: Moody's Hikes Tax Allocation Bonds Rating to Ba2
-------------------------------------------------------------
Moody's Investor's Service has upgraded to Ba2 from B1 the
Successor Agency to the Soledad Redevelopment Agency's Tax
Allocation Bonds and assigned a positive outlook.

On June 24, 2015, in connection with the release of Moody's Tax
Increment Debt methodology, Moody's placed the ratings for nearly
all California tax allocation bonds (TABs) on review for upgrade,
including this successor agency's (SA) TABs. This rating action
completes Moody's review for this SA.

Three years post-dissolution, the administrative risks related to
the payment of debt service have significantly lessened, so Moody's
is now placing greater weight on the fundamental project area
characteristics and some of the positive features of the
dissolution legislation, including the closed lien status of the
debt and the availability of the 20% of tax increment (TI) revenues
previously restricted for use on affordable housing to pay debt
service.

SUMMARY RATING RATIONALE

The upgrade to Ba2 rating takes into account the modest incremental
assessed value (AV) of the project areas, which has shown a healthy
growth trend over the last three years; a moderate ratio of
incremental AV to total AV; somewhat elevated taxpayer
concentration; below-average socioeconomic profile of area
residents; and weak debt service coverage levels, which appear to
be poised for recovery.

Moody's said, "While our methodology incorporates our generally
positive assessment of the implementation of the legislation that
dissolved redevelopment agencies (RDAs) by most successor agencies
over the last three years, leading to timely payment of debt
service on California TABs, this SA has struggled to adapt to post
dissolution processes and administrative procedures, leading to the
need to use other funds to cover shortfalls in TI revenues. This
weakness is offset somewhat by the SA's cash-funded debt service
reserve and insurance on the Moody's-rated TABs."

"In 2012, state legislation dissolved all California RDAs,
replacing them with "successor agencies" to serve as fiduciary
agents. Dissolution effectively changed the flow of funds and
processes around the payment of debt service on TABs. Tax increment
revenue is placed in trust with the county auditor-controller, who
makes semi-annual distributions of funds sufficient to pay debt
service on TABs and other "enforceable obligations" approved by the
state."

OUTLOOK

The positive outlook reflects the healthy growth in incremental AV
of the SA's project area such that legal coverage on debt service
is sum sufficient in FY 2015, as well as the SA's improved
administration of the dissolution process.

WHAT COULD MAKE THE RATING GO UP

-- Sizable increase in incremental AV of the project area,
    leading to greater debt service coverage

-- Successful administration of the funding request process for
    multiple consecutive semiannual periods to ensure collection
    of all available tax revenues

WHAT COULD MAKE THE RATING GO DOWN

-- Protracted decline in incremental AV

-- Depletion of bond proceeds legally available for debt service
    payments

-- Additional legislative or administrative changes that create
    uncertainty as to the timely payment of debt service

OBLIGOR PROFILE

The Successor Agency to the Soledad Redevelopment Agency is a
separate legal entity from the City of Soledad. The SA is
responsible for winding down the operations of the former RDA,
making payments on state-approved "enforceable obligations" and
liquidating any unencumbered assets to be distributed to other
local taxing entities.

LEGAL SECURITY

The legal security for bonds is tax increment revenue from the
project areas net of housing set asides and senior pass-through
payments. All pass-through payments have been subordinated to the
SA's TAB debt service.

While not legally pledged, the dissolution laws permit TAB debt
service to be paid from TI revenues deposited in the SA's
Redevelopment Property Tax Trust Fund (RPTTF), less amounts
disbursed for pass-through payments and certain administrative
charges. This includes the 20% of TI revenue previously considered
restricted housing set aside.

The SA is responsible for notifying the county auditor-controller
of any shortfall in TI revenue expected to be deposited in the
RPTTF needed for the payment of TAB debt service that would result
from the disbursal of the monies for subordinated pass-through
payments, so that the necessary subordination can be effected
through changes to the usual flow of funds. It does not appear that
the SA has requested this subordination.


SPIRE CORP: Michael Magliochetti Quits as Director
--------------------------------------------------
Michael J. Magliochetti resigned from the Board of Directors of
Spire Corporation, effective Sept. 8, 2015, according to a
regulatory filing with the Securities and Exchange Commission.

                         About Spire Corp

Bedford, Massachusetts-based Spire Corporation currently develops,
manufactures and markets customized turn-key solutions for the
solar industry, including individual pieces of manufacturing
equipment and full turn-key lines for cell and module production
and testing.

Spire Corporation reported a net loss of $8.52 million in 2013, as
compared with a net loss of $1.85 million in 2012.

The Company's balance sheet at Sept. 30, 2014, showed
$9.73 million in total assets, $15.6 million in total liabilities,
and a $5.87 million total stockholders' deficit.

McGladrey LLP, in Boston, Massachusetts, issued a "going concern"
qualification on the consolidated financial statements for the
year ended Dec. 31, 2013.  The independent auditors noted that
the Company incurred an operating loss from continuing operations
of $8.4 million and cash used in operating activities of
continuing operations was $5.2 million.  The Company's credit
agreement with a bank is due to expire on April 30, 2014.  These
factors raise substantial doubt about its ability to continue as a
going concern.


STI INFRASTRUCTURE: S&P Lowers CCR to 'CCC+', Outlook Negative
--------------------------------------------------------------
Standard & Poor's Ratings Services said that it has lowered its
corporate credit rating on Baltimore-based STI Infrastructure
S.ar.l. to 'CCC+' from 'B-'.  The outlook is negative.

At the same time, S&P lowered its issue-level rating on the
company's $215 million term loan to 'CCC+' from 'B-'.  S&P's '3'
recovery rating on this facility is unchanged, indicating its
expectation for meaningful (50%-70%; lower end of the range)
recovery in the event of a payment default.

"The downgrade reflects our view that Synagro's credit measures
remain weak and that, although the company might not face a payment
default within the next 12 months, we believe its operations are
vulnerable and dependent upon favorable business, financial, and
economic conditions to meet its financial commitments," said
Standard & Poor's credit analyst James Siahaan. While the company
received an equity infusion from its financial sponsor, EQT
Infrastructure II L.P., during the first half of the year and
amended its financial covenants to provide it with increased
flexibility, Synagro's profitability remained weak during the first
half of 2015 because of the significant underperformance of its
drilling and rail segments compared with S&P's expectations.

S&P's negative outlook on STI reflects the continued operational
uncertainties the company faces in some of its business segments
and the restructuring charges that S&P expects it will incur later
this year.  These operational challenges may cause the company's
debt leverage to remain high, though favorable conditions in its
operating environment could allow STI to generate sufficient cash
flow and liquidity to meet its fixed charges during the next year.

S&P could further lower its ratings on STI if the company's
operational challenges are persistent and substantial enough to
further deteriorate its credit measures, constrain its liquidity,
and increase the likelihood that it will default.

Given the company's credit measures and our expectations regarding
its operational performance, S&P views an upgrade over the next
year as unlikely at this time.



TRAVELPORT WORLDWIDE: Okays 54,466 Options for Matthew Minetola
---------------------------------------------------------------
The Compensation Committee of Travelport Worldwide Limited's Board
of Directors approved a grant of 54,466 options at a strike price
of $13.15 to Matthew Minetola, the Company's executive vice
president and global chief information officer, according to a
document filed with the Securities and Exchange Commission.  

The options will vest in equal installments over four years on each
October 15th of 2016 through 2019, subject to Mr. Minetola's
continued employment and the other terms and conditions of the
award agreement.

                    About Travelport Worldwide

Travelport Worldwide Limited is a travel commerce platform
providing distribution, technology, payment and other solutions for
the global travel and tourism industry.

As of June 30, 2015, the Company had $2.9 billion in total assets,
$3.2 billion in total liabilities and a $354 million total
deficit.

                           *     *     *

As reported by the TCR in March 2015, Standard & Poor's Ratings
Services raised to 'B' from 'B-' its long-term corporate credit
rating on U.K.-based travel services provider Travelport Worldwide
Ltd.  The rating action reflects Travelport's good operating
performance in 2014.


TRIANGLE USA: Moody's Lowers Corp. Family Rating to Caa1
--------------------------------------------------------
Moody's Investors Service downgraded Triangle USA Petroleum
Corporation's (TUSA) Corporate Family Rating (CFR) to Caa1 from B3,
Probability of Default Rating (PDR) to Caa1-PD from B3-PD, its
senior unsecured notes rating to Caa2 from Caa1, and affirmed its
SGL-3 Speculative Grade Liquidity Rating. The outlook was changed
to negative from stable.

"The decision to curtail drilling activity at least through January
2016 will accelerate production declines and elevate leverage,"
said John Thieroff, Moody's VP-Senior Analyst. "While the drilling
hiatus will preserve liquidity and provides TUSA the opportunity to
defer production growth until a more favorable commodity price
environment exists and thereby enhance returns, significantly lower
production that results will lead to higher leverage and the
prospect that the capital structure is unsustainable."

Downgraded:

  Corporate Family Rating, Downgraded to Caa1 from B3

  Probability of Default Rating, Downgraded to Caa1-PD from B3-PD

  Senior Unsecured Notes Rating, Downgraded to Caa2 (LGD5) from
  Caa1 (LGD5)

Affirmed:

  Speculative Grade Liquidity Rating, Affirmed SGL-3

Outlook Actions:

  Outlook Changed to Negative from Stable

RATINGS RATIONALE

The Caa1 Corporate Family Rating reflects TUSA's relatively small,
concentrated reserve base, declining production, and significant
debt leverage. Although TUSA benefits from solid cash margins due
to its oil-weighted portfolio, concentration of the company's
operations in the Williston Basin (100% of reserves and production)
leads to a $4 to $5 per barrel discount to WTI on its crude
production due to the relatively underdeveloped state of
transportation infrastructure in the basin. Leverage, exacerbated
by production declines and the low probability of meaningful debt
reduction from internally generated cash through 2016, is likely to
remain high into 2017.

An extended period of very low commodity prices has led to a steep
drop in spending and a corresponding fall-off in production. We
expect TUSA's fourth quarter production exit rate to be more than
25% lower, year over year. The current halt in development
activity, while enhancing liquidity, will further challenge the
company in 2016 to return production to levels necessary to service
its debt over the longer term. Debt per average barrel of daily
production is likely to approach $55,000 per barrel in early 2016
with little prospect for meaningful deleveraging into 2017.

The SGL-3 Speculative Grade Liquidity Rating reflects Moody's view
of adequate liquidity through 2016. TUSA expects to manage its
capital spending to levels near operating cash flow to preserve its
liquidity. At July 31, 2015, the company had $9.3 million of cash,
and $178 million borrowing availability under its secured borrowing
base revolving credit facility. The borrowing base, currently $350
million, will be redetermined in November. The financial covenants
governing the facility require maintenance of a current ratio above
1x, an interest coverage ratio above 2.5x, and a senior secured
debt leverage ratio below 2.75x. We expect TUSA to remain in
compliance with these covenants through 2016. The credit facility
matures October 2018.

The Caa2 unsecured notes rating reflects the subordination of the
notes to TUSA's senior secured revolving credit facility's priority
claim to company assets, causing them to be rated one notch below
the Caa1 CFR under Moody's Loss Given Default Methodology.

The negative outlook reflects uncertainty around the length of
drilling inactivity and TUSA's 2016 production levels. A ratings
downgrade is likely if liquidity falls below $100 million or debt
to average daily production exceeds $60,000 per boe. While unlikely
in the next 12 months, an upgrade could be considered if TUSA can
grow production to 15,000 boe per day while sustaining debt to
daily to average production below $40,000.


TS EMPLOYMENT: Sec. 341 Meeting of Creditors Moved to Sept. 21
--------------------------------------------------------------
The meeting of creditors of TS Employment Inc. has been rescheduled
to Sept. 21, 2015, according to a filing with the U.S. Bankruptcy
Court for the Southern District of New York.

The meeting will take place at 80 Broad Street, 4th Floor, in New
York.  It will start at 3:00 p.m. (Eastern Time), according to the
court filing.

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

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

                      About TS Employment

Based in New York, TS Employment Inc. is a professional employer
organization that provides payroll-related services.  Its only
customer is publicly held Corporate Resource Services, Inc., a
diversified technology, staffing, recruiting, and consulting
services firm.  TS processes payroll of up to 30,000 employees.

TS Employment sought Chapter 11 for protection (Bankr. S.D.N.Y.
Case No. 15-10243) in Manhattan on Feb. 2, 2015.  Judge Martin
Glenn is assigned to the case.

The Debtor estimated at least $100 million in assets and debt.

The Debtor tapped Scott S. Markowitz, Esq., at Tarter Krinsky &
Drogin LLP, in New York, as counsel.  Realization Services Inc.
serves as the Debtor's consultant.

James S. Feltman serves as Chapter 11 trustee.  The Chapter 11
Trustee retains Friedman LLP as special accountant and Mesirow
Financial Consulting, LLC, as accountant to provide accounting,
forensic, and investigatory services.


TUSCANY TILE: Voluntary Chapter 11 Case Summary
-----------------------------------------------
Debtor: Tuscany Tile & Stone, Inc.
        690 E Walnut Street
        PO Box 1086
        North Wales, PA 19454

Case No.: 15-16717

Chapter 11 Petition Date: September 16, 2015

Court: United States Bankruptcy Court
       Eastern District of Pennsylvania (Philadelphia)

Judge: Hon. Eric L. Frank

Debtor's Counsel: Allen B. Dubroff, Esq.
                  ALLEN B. DUBROFF ESQ & ASSOCIATES, LLC
                  1500 JFK Blvd
                  Suite 1030
                  Philadelphia, PA 19102
                  Tel: 215-568-2700
                  Fax: 215-689-3777
                  Email: allen@dubrofflawllc.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Alfonse DiDonato, president.

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


UNIVERSITY VILLAGE: At Risk of Being Put Into Receivership
----------------------------------------------------------
Steve Andrews, writing for WFLA.com, reports that the state of
Florida is asking the Leon County Circuit Court to place Westport
Holdings Tampa, dba University Village, into receivership.

According to WFLA.com, Florida's Office of Insurance Regulation
told the court it has reason to believe that University Village is
a victim of embezzlement and fraud.  People living there are at
risk of losing their life savings and are in increasing danger as
time goes by, the report adds, citing OIR.

Court records that 8 On Your Side obtained show that University
Village owes millions to vendors as well as residents who are due a
refund.  Citing OIR, WFLA.com relates that University Village is
unable to pay $1.6 million in refunds to residents and estates of
deceased residents.  WFLA.com says that another $1.1 million will
come due in October 2015.

Westport Holdings Tampa, dba University Village, is a care
retirement community in Tampa, Florida.  It offers residents
villas, apartments, an assisted living facility and a skilled
nursing care center for their end of life needs.


VIGGLE INC: Enters Into Asset Purchase Agreement with MGT Capital
-----------------------------------------------------------------
Capitalizing on the growing popularity of fantasy sports
businesses, Viggle Inc. have teamed up to form DraftDay Gaming
Group to purchase fantasy sports assets, specifically DraftDay, the
third-largest operator in the daily fantasy sports industry, from
MGT Capital Investments Inc.

By combining and capitalizing on the well-established operational
business assets of DraftDay, Sportech and Viggle, the new company
is well-positioned to become a significant player in the explosive
fantasy sports market.  To date, DraftDay has paid out more than
$30 million in prizes with player retention and brand loyalty
second-to-none in the fantasy sports industry.  Viggle assets MyGuy
and Viggle Football have already met with great success in offering
exciting real-time interactive participation to its nearly 10
million registered users in tandem with professional and college
football and basketball games.  Sportech is one of the world's
leading betting organizations, operating in 30 countries and
employing more than 1,000 people.

DraftDay Gaming Group will feature the popular DraftDay platform
whereby users can draft a team within a salary cap, follow game
action and reap rewards.  It will continue to offer high-quality
entertainment to consumers as well as to businesses desiring
turnkey solutions to new revenue streams.  More than 40 million
people play season-long fantasy games annually in the U.S., but
less than 5% currently play daily fantasy sports.  The online poker
market generates more than $20 billion of revenue annually, but
entry fees to daily fantasy sports just topped $1 billion this
year.  DraftDay will provide entry for consumer brands into this
exciting growth market.

Sportech will manage the day-to-day operations of DraftDay.
DraftDay will be the differentiated platform in the industry, with
a leadership team highly experienced in B2B aggregated network
operations and in regulated gaming markets.

"DraftDay holds the potential to quickly disrupt the daily fantasy
sports business with B2B partnerships including new ventures with
companies within the regulated gaming industry," said President of
Sportech's digital division, Rich Roberts.  "Integrating DraftDay
games within the Viggle app introduces significant potential to
expand the user audience of U.S. sports fans while creating more
visibility for DraftDay which we expect will continue to build in
the months and years ahead."

Significant for any advertisers, the Viggle app will be integrated
into DraftDay games, providing greater access to U.S. sports fans.
The highly targeted Viggle marketing, rewards and advertising
platform will now deliver even greater access to the high-spending
demographic of sport enthusiasts. Viggle users benefit as they will
be able to play daily fantasy sports along while watching their
favorite sporting events through real-time games right on their
mobile phone or tablet, while reaping rewards.  Last season, Viggle
users answered 64.8 million predictive questions while playing
Viggle Football.  The joint entity will also benefit from the
intended re-launch of MyGuy, a game that allows play-by-play
substitution during football games.  MyGuy takes daily sports
fantasy one step further by letting users coach and play at the
same time.  Users playing MyGuy make game-time decisions just as
the coach does.  If your first pick isn't performing or if a new
player is on the field, you can change your pick on the fly. Viggle
users who join in the game with MyGuy can be rewarded for their
quick thinking and shrewd choices.  DraftDay Gaming Group also
expects to continue to expand its selection of sports-related games
to meet the clear demand for this form of entertainment.

Commenting on the rationale leading into the deal, John Small,
chief financial officer of Viggle, said, "The combination of the
DraftDay platform plus Sportech's gaming experience logically
aligns with our avid existing base of Viggle App sport fans.  The
merged assets of DraftDay Gaming Group create a compelling win-win
for both sports enthusiasts and the advertisers aiming to reach
this demographic in a very targeted way designed to build brand
loyalty.  We expect our investment in DraftDay to provide a new
revenue source, as Viggle users and advertisers now have even more
reasons to continue enjoying what the Viggle app has to offer."

Viggle Inc. will own 44% of DraftDay, Sportech, Inc. will own 35%,
with MGT Capital and other shareholders holding the balance.
Robert F.X. Sillerman will be the Chairman of the Board.  Rich
Roberts, current president of Sportech's digital division, will
also serve as DraftDay CEO, Nic Sulsky, formerly of Sportech
Digital, will be the President, and John C. Small will act as the
CFO of both DraftDay and Viggle Inc. Larry Kom, who served as MGT's
CIO, will join DraftDay as CTO and be accompanied by the full
product development team.

Additional information is available for free at:

                      http://is.gd/txC76m

John Small, the chief financial officer of Viggle Inc. presented at
the Rodman & Renshaw 17th Annual Global Investment Conference on
Sept. 10, 2015, at 11:40 a.m. in New York, NY.  A copy of the
presentation is available for free at http://is.gd/GW9INm

                            About Viggle

New York City-based Viggle Inc. is a loyalty marketing company.
The Company has developed a loyalty program for television that
gives people real rewards for checking into the television shows
they are watching on most mobile operating system.  Viggle users
can redeem their points in the app's rewards catalog for items
such as movie tickets, music, or gift cards.

Viggle reported a net loss of $68.4 million on $18 million of
revenues for the year ended June 30, 2014, compared with a net
loss of $91.4 million on $13.9 million of revenues for the year
ended June 30, 2013.

The Company's balance sheet at March 31, 2015, showed $70.9 million
in total assets, $54.6 million in total liabilities, $11.4 million
in series C convertible redeemable preferred stock, and
stockholders' equity of $4.88 million.

BDO USA, LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended
June 30, 2014.  The independent auditors noted that the Company
has suffered recurring losses from operations and at June 30,
2014, has a deficiency in working capital that raises substantial
doubt about its ability to continue as a going concern.


WALTER ENERGY: Trust's Objection to Cash Collateral Motion Denied
-----------------------------------------------------------------
Southwest Bank, the trustee of the Dominion Resources Black Warrior
Trust, was informed by Walter Energy, Inc., the parent of Walter
Black Warrior Basin LLC, stating that it, together with certain of
its subsidiaries and affiliates, including the Company filed a
petition for relief under Chapter 11 of the U.S. Bankruptcy Code
with the United States District Court for the Northern District of
Alabama Southern Division on July 15, 2015 and that it has an
agreement with lenders regarding a pre-negotiated restructuring
plan.  

In the letter, Walter Energy, Inc. advised the Trust that it is not
permitted to pay obligations that arose prior to July 15, 2015,
including royalty payments. Specifically, the Trustee was informed
by Walter Energy, Inc. that it will not be paying the distribution
to the Trust, which would normally be paid by August 14, and
normally would include royalty payments for the production months
of April, May and June 2015, as well as the portion of any future
quarterly distributions relating to production attributable to
periods prior to July 15, 2015.  

The Trustee has received no assurances regarding the status of
distributions relating to production for periods after July 15,
2015.

On the date the bankruptcy was filed -- in a series of "first day
motions" -- the Debtors filed motions relating to the use of cash
collateral and cash management, which provide that cash held by the
Debtors and certain other property constitute collateral of the
Debtors' lenders subject to protective liens and permit use of a
"zero balance" cash management system where receipts from
operations including Debtors' gas operations could be swept into
certain concentration or disbursement accounts containing other
cash.  The motions do not separately segregate or provide separate
treatment for production proceeds relating to the Trust's
overriding royalty interests.  The Trustee filed (i) a motion
asking the court to reconsider and amend the Debtors' cash
management order to provide for segregation of production proceeds
relating to the Trust's overriding royalty interests, (ii) an
objection to the cash collateral motion seeking protections based
on the Debtors'  use of the production proceeds, and (iii) a
separate lawsuit seeking various forms of relief including a
temporary restraining order  for  segregation of production
proceeds relating to the Trust's overriding royalty interests  and
judicial confirmation that such proceeds are not property of the
Debtor's bankruptcy estate.  

A hearing was held August 18, 2015 where the court denied the
Trust's motion to reconsider the Debtors' cash management order and
denied the Trust's request for a temporary restraining order.
Subsequently, the Trustee dismissed the lawsuit, but continued its
objections in connection with the Debtors' cash collateral motion.
A hearing on the Trust's objection (and other objections) to the
Debtors' cash collateral motion was held September 2 and 3, 2015.


On September 14, 2015, the court issued its ruling on the Debtors'
cash collateral motion and denied the Trustee's request for
protections based on the Debtors' use of the production proceeds
including segregation of the production proceeds and a requirement
for continued distributions of production proceeds to Dominion in
the ordinary course of business.  The Trustee continues to evaluate
legal options with respect to the Trust.

                       About Walter Energy

Walter Energy -- http://www.walterenergy.com/-- is a publicly
traded "pure-play" metallurgical coal producer for the global steel
industry with strategic access to steel producers in Europe, Asia
and South America.  The Company also produces thermal coal,
anthracite, metallurgical coke and coal bed methane gas.  Walter
Energy employs approximately 2,700 employees, with operations in
the United States, Canada and the United Kingdom.

For the year ended Dec. 31, 2014, the Company reported a net loss
of $471 million following a net loss of $359 million in 2013.  

Walter Energy, Inc., and its affiliates sought Chapter 11
protection (Bankr. N.D. Ala. Lead Case No. 15-02741) in Birmingham,
Alabama on July 15, 2015.  The Debtors tapped Paul, Weiss, Rifkind,
Wharton & Garrison as counsel; Bradley Arant Boult Cummings LLP, as
co-counsel; Ogletree Deakins LLP, as labor and employment counsel;
Maynard, Cooper & Gale, P.C., as special counsel; Blackstone
Advisory Services, L.P., as investment banker; AlixPartners, LLP,
as financial advisor, and Kurtzman Carson Consultants LLC, as
claims and noticing agent.

Walter Energy disclosed total assets of $5.2 billion and total debt
of $5 billion as of March 31, 2015.

J. Thomas Corbett, the bankruptcy administrator for the Northern
District of Alabama, has appointed 13 members to the official
committee of unsecured creditors, including Pension Benefit
Guaranty Corp. and Nelson Brothers, LLC.


WEST CORP: FMR LLC Reports 10% Equity Stake
-------------------------------------------
FMR LLC, Edward C. Johnson 3d and Abigail P. Johnson disclosed in a
Schedule 13G filed with the Securities and Exchange Commission on
Sept. 9, 2015, that they beneficially owned 8,392,286 shares of
common stock of West Corporation, which represents 10.128% of the
shares outstanding.  Mr. Johnson 3d is a director and the Chairman
of FMR LLC and Ms. Johnson is a director, the vice chairman, the
chief executive officer and the president of FMR LLC.  A copy of
the regulatory filing is available at http://is.gd/NtOufz

                       About West Corporation

Omaha, Neb.-based West Corporation is a global provider of
communication and network infrastructure solutions.  West helps
manage or support essential enterprise communications with services
that include conferencing and collaboration, public safety
services, IP communications, interactive services such as automated
notifications, large-scale agent services and telecom services.

West Corp reported net income of $158 million in 2014 following net
income of $143 million in 2013.

As of June 30, 2015, the Company had $3.5 billion in total assets,
$4.1 billion in total liabilities and a stockholdes' deficit of
$625.9 million.

                        Bankruptcy Warning

The Company is required to comply on a quarterly basis with a
maximum total leverage ratio covenant and a minimum interest
coverage ratio covenant under its senior secured credit facilities
and senior secured revolving credit facility.

"Our failure to comply with these debt covenants may result in an
event of default which, if not cured or waived, could accelerate
the maturity of our indebtedness.  If our indebtedness is
accelerated, we may not have sufficient cash resources to satisfy
our debt obligations and we may not be able to continue our
operations as planned.  If our cash flows and capital resources are
insufficient to fund our debt service obligations and keep us in
compliance with the covenants under our Amended Credit Agreement or
to fund our other liquidity needs, we may be forced to reduce or
delay capital expenditures, sell assets or operations, seek
additional capital or restructure or refinance our indebtedness
including the notes.  We cannot ensure that we would be able to
take any of these actions, that these actions would be successful
and would permit us to meet our scheduled debt service obligations
or that these actions would be permitted under the terms of our
existing or future debt agreements, including our Senior Secured
Credit Facilities and the indenture that governs the notes.  The
Amended Credit Agreement and the indenture that governs the notes
restrict our ability to dispose of assets and use the proceeds from
the disposition.  As a result, we may not be able to consummate
those dispositions or use the proceeds to meet our debt service or
other obligations, and any proceeds that are available may not be
adequate to meet any debt service or other obligations then due.

If we cannot make scheduled payments on our debt, we will be in
default, and as a result:

   * our debt holders could declare all outstanding principal and
     interest to be due and payable;

   * the lenders under our Senior Secured Credit Facilities could
     terminate their commitments to lend us money and foreclose
     against the assets securing our borrowings; and

   * we could be forced into bankruptcy or liquidation," the
     Company said in its quarterly report for the period ended
     June 30, 2015.

                          *     *     *

As reported by the TCR on June 21, 2013, Standard & Poor's Ratings
Services raised its corporate credit rating on West Corp. to 'BB-'
from 'B+'.  The upgrade reflects Standard & Poor's view that lower
debt leverage and a less aggressive financial policy will
strengthen the company's financial profile.

In the April 4, 2013, edition of the TCR, Moody's Investor Service
upgraded West Corporation's Corporate Family Rating to 'B1' from
'B2'.  "The CFR upgrade to B1 reflects West's shift to a more
conservative capital structure and financial policies as a publicly
owned company," stated Moody's analyst Suzanne Wingo.


WRIGHTWOOD GUEST: Court Grants Chapter 11 Relief
------------------------------------------------
The United States Bankruptcy Court for the Central District of
California – Riverside Division granted Wrightwood Guest Ranch
LLC's request for relief under Chapter 11 of the Bankruptcy Code
and vacated the Involuntary Petition filed against the Debtor.

The Court also ordered the Debtor to immediately file (i) a list
containing the name and addresses of each entity included on
Schedule D, E, F, G, and H, and (ii) a statement and a verified
Statement of Social Security Numbers (Official Form B21) referred
to in Federal Rule of Bankruptcy Procedure 1007(a),(c) and (f).

The Debtor is represented by:

          Riley C. Walter, Esq.
          WALTER AND WILHELM LAW GROUP
          205 E River Park Cir #410,
          Fresno, CA 93720,
          Tel: (559)490.0949
          Fax: (559)435.9868
          Email: RileyWalter@W2LG.com

Masterpiece Marketing, Larry Rundle, and Snyder Dorenfeld, filed an
involuntary petition against Alleged Wrightwood Guest Ranch LLC
(Bankr. C.D. Calif., Case No. 15-17799) on Aug. 5, 2015.  The case
is assigned to Judge Scott C. Clarkson.  The Petitioners' counsel
is Douglas A Plazak, Esq., at Reid & Hellyer, APC, in Riverside,
California.


XZERES CORP: Suspends Filing of Reports with SEC
------------------------------------------------
XZERES Corp. has suspended its reporting obligations under Section
15(d) of the Securities Exchange Act of 1934, as amended, by filing
a Form 15 with the Securities and Exchange Commission on Sept. 10,
2015.  There were only 340 holders of record of its common stock as
of the certification date.

                         About XZERES Corp.

Headquartered in Wilsonville, Oregon, XZERES Corp. designs,
develops, and markets distributed generation, wind power systems
for the small wind (2.5kW-100kW) market as well as power
management solutions.

Xzeres reported a net loss of $10.7 million on $4.4 million of
gross revenues for the year ended Feb. 28, 2015, compared to a net
loss of $9.5 million on $4 million of gross revenues for the year
ended Feb. 28, 2014.

As of May 31, 2015, the Company had $6.80 million in total assets,
$18.2 million in total liabilities, and a stockholders' deficit of
$11.4 million.

KLJ & Associates, LLP, in Edina, MN, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Feb. 28, 2015, citing that the Company has incurred losses
from operations, has negative working capital and is in need of
additional capital to grow its operations.  These factors raise
substantial doubt about the Company's ability to continue as a
going concern.


YELLOWSTONE MOUNTAIN: Court Grants Credit Suisse Summary Judgment
-----------------------------------------------------------------
Judge Philip A. Brimmer of the United States District Court for the
District of Colorado granted Credit Suisse AG, et. al.'s Motion for
Summary Judgment against Timothy L. Blixseth.

Blixseth was the sole shareholder of Blixseth Group, Inc. ("BGI"),
later known as BLX Group, Inc. ("BLX"), until August 2008. BGI was
the majority owner of the Yellowstone Club, Yellowstone
Development, LLC (“YD”), and Big Sky Ridge, LLC (“BSR”)
(collectively, the "borrowers").

Credit Suisse arranged a $375 million loan to the  borrowers, the
terms of which were set forth in the Credit Agreement dated
September 30, 2005. Plaintiff signed the Credit Agreement on behalf
of the Yellowstone Club as president of BGI. Credit Suisse signed
the Credit Agreement as administrative agent, collateral agent,
paying agent, sole lead arranger, and sole bookrunner.

On September 28, 2005, the Yellowstone Club, YD, BSR, and Credit
Suisse executed a Mortgage, Security Agreement, Assignments of
Rents and Leases and Fixture Filing (the "Security Agreement").
Pursuant to the Credit Agreement and the Security Agreement,
repayment of the Credit Suisse loan was secured by a majority of
the borrowers' assets (the "collateral").

Pursuant to the Credit Agreement, Credit Suisse transferred
approximately $342 million to the borrowers. The Yellowstone Club
transferred approximately $209 million of those funds to BGI, who
in turn distributed approximately $199 million directly to Blixseth
in the form of notes (the "BGI notes").

On November 10, 2008, the Yellowstone Club, YD, BSR, and
Yellowstone Club Construction Company, LLC (collectively, the
"debtors") filed for Chapter 11 bankruptcy protection (the
"Yellowstone Club bankruptcy") in the United States Bankruptcy
Court for the District of Montana (the "bankruptcy court").

In May 2009, Credit Suisse, in its capacity as an agent for the
prepetition lenders, the Official Unsecured Creditors Committee
("UCC"), the debtors, and CrossHarbor Capital Partners, LLC
negotiated and executed the Settlement Term Sheet.

The Settlement Term Sheet, among other things, released the UCC's
and debtors' claims against Credit Suisse and provided for the
creation of the Yellowstone Club Liquidating Trust ("Liquidating
Trust" or "YCLT"), which would hold the debtors' claims, causes of
action, and other assets.  The Settlement Term Sheet provided that
the Liquidating Trust would be governed by a seven member board.
Credit Suisse had the right to appoint four members to the
Liquidating Trust board.  

On May 22, 2009, the debtors filed a Third Amended Joint Plan of
Reorganization ("Third Amended Plan"), which incorporated the
Settlement Term Sheet and provided for the resolution "of the
outstanding claims against and interests in the Debtors." Credit
Suisse was among those entities that helped to draft and voted in
support of the Third Amended Plan. On June 2, 2009, the bankruptcy
court confirmed the Third Amended Plan.  On July 17, 2009, the
Third Amended Plan took effect and the debtors' claims were
assigned to the Liquidating Trust.

On February 14, 2012, plaintiff filed a case, asserting claims
against Credit Suisse, among others, for various reasons, which
were dismissed by the Court, save for two:

     (a) Blixseth's tortious interference with contract claim,
which alleges that Credit Suisse interfered with the releases by
causing the Liquidating Trust to assert that the releases were
invalid and unenforceable and that Credit Suisse, in negotiating
the Settlement Term Sheet, interfered with the MSA by seeking to
capture property plaintiff received pursuant to the MSA; and

     (b) Plaintiff's good faith and fair dealing claim, which
alleges that Credit Suisse's conduct in the Yellowstone Club
bankruptcy proceedings was in contravention of the Credit
Agreement's no recourse provision.

Credit Suisse sought summary judgment on both of plaintiff's
remaining claims.

Judge Brimmer held that there is no evidence suggesting that, but
for Credit Suisse's involvement, no attempt would have been made to
set aside the releases in an effort to recover the considerable sum
of money Blixseth received from the debtors. In other words, Judge
Brimmer contends, Blixseth fails to establish that the interference
of which he complains was caused by Credit Suisse's actions during
the relevant time period.

Judge Brimmer further held that Blixseth has failed to establish
that his claimed damages were caused by Credit Suisse's allegedly
wrongful conduct prior to the formation of the Liquidating Trust.

The case is TIMOTHY L. BLIXSETH, an individual, Plaintiff, v.
CREDIT SUISSE AG, a Swiss corporation, CREDIT SUISSE GROUP AG, a
Swiss corporation, CREDIT SUISSE SECURITIES (USA), LLC, a Delaware
limited liability company, CREDIT SUISSE (USA), INC., a Delaware
corporation, CREDIT SUISSE HOLDINGS (USA), INC., a Delaware
corporation, CREDIT SUISSE CAYMAN ISLAND BRANCH, an entity of
unknown type, and DOES 1-100, Defendants, Civil Action No.
12-CV-00393-PAB-KLM.

A full-text copy of Judge Brimmer's Order dated September 4, 2015,
is available at http://is.gd/iz2S1nfrom Leagle.com

Timothy L. Blixseth is represented by:

          Michael John Ferrigno, Esq.
          LAW OFFICE OF MICHAEL J. FERRIGNO PLLC
          3152 S. Bown Way, Suite 3
          Boise, ID 83706
          Telephone: (208)391-3969

             -- and --

          Michael James Flynn, Esq.
          LAW OFFICES OF MICHAEL J. FLYNN
          P.O. Box 690
          Rancho Santa Fe, CA 92067
          Telephone: (858)775-7624
          Facsimile: (858)759-0711

Credit Suisse AG, et. al., are represented by:

          David Jason Lender, Esq.
          Kevin Francis Meade, Esq.
          Thomas Ray Guy, Esq.
          WEIL GOTSHAL & MANGES, LLP
          767 Fifth Avenue
          New York, NY 10153-0119
          Telephone: (212)310-8000
          Email: david.lender@weil.com
                 kevin.meade@weil.com
                 ray.guy@weil.com

             -- and --

          Kathleen E. Craigmile, Esq.
          PRYOR JOHNSON CARNEY KARR NIXON, P.C.
          5619 DTC Parkway, Suite 1200
          Greenwood Village, CO 80111
          Telephone: (303)773-3500
          Email: kcraigmile@pjckn.com

              About Yellowstone Mountain Club

Located near Big Sky, Montana, Yellowstone Mountain Club LLC --
http://www.theyellowstoneclub.com/-- is a private golf and ski  
community with more than 350 members, including Bill Gates and Dan
Quayle.  The Company was founded in 1999.

Yellowstone Club and its affiliates filed for Chapter 11
bankruptcy (Bankr. D. Montana, Case No. 08-61570) on Nov. 10,
2008.  The Company's owner affiliate, Edra D. Blixseth, filed
a separate Chapter 11 petition on March 27, 2009 (Case No.
09-60452).

Attorneys at Bullivant Houser Bailey PC and Bekkedahl & Green
PLLC represented Yellowstone.  The Debtors hired FTI Consulting
Inc. and Ronald Greenspan as CRO.  The official committee of
unsecured creditors were represented by Parsons, Behle and
Latimer; and James H. Cossitt, Esq., as counsel.  Credit Suisse,
the prepetition first lien lender, was represented by Skadden,
Arps, Slate, Meagher & Flom.

In June 2009, the Bankruptcy Court entered an order confirming
Yellowstone's Chapter 11 Plan.  Pursuant to the Plan, CrossHarbor
Capital Partners LLC acquired equity ownership in the reorganized
Club for $115 million.

Marc S. Kirschner, Esq., was appointed the Trustee of the
Yellowstone Club Liquidating Trust created under the Plan.


YRC WORLDWIDE: Presented at Cowen & Co. Transportation Conference
-----------------------------------------------------------------
YRC Worldwide Inc. delivered a presentation at the Cowen and
Company 8th Annual Global Transportation Conference on Thursday,
Sept. 10, 2015.  

YRC claims to be one of the largest less-than-truckload carriers in
North America and generates approximately $5B of revenue by
providing services under a portfolio of four subsidiaries.

According to the Company, after several years of curtailing
investment in the business, capital spending has resumed.

YRCW said its goal is to more aggressively replenish the fleet
through a combined approach of purchasing and leasing new tractors
and trailers.

YRCW is also focusing on additional technology investments:

   -- In-cab collision detection systems to enhance safety
  
   -- Tablets for dock supervisors to more efficiently manage
      dock operations

   -- Logistical planning technology to improve driver
      efficiencies

   -- Further roll-out of dimensioning technology

A copy of the slide show presentation presented is available for
free at http://is.gd/XaYby9

                        About YRC Worldwide

Headquartered in Overland Park, Kan., YRC Worldwide Inc. (NASDAQ:
YRCW) -- http://www.yrcw.com/-- is a holding company that offers
its customers a wide range of transportation services.  These
services include global, national and regional transportation as
well as logistics.

YRC Worldwide reported a net loss attributable to common
shareholders of $85.8 million in 2014, a net loss attributable to
common shareholders of $83.6 million in 2013 and a net loss
attributable to common shareholders of $140.4 million in 2012.

As of June 30, 2015, the Company had $1.9 billion in total assets,
$2.4 billion in total liabilities and a $445.2 million total
shareholders' deficit.

                            *    *    *

As reported by the TCR on Feb. 18, 2014, Moody's Investors Service
had upgraded the Corporate Family Rating for YRC Worldwide Inc.
("YRCW") from Caa3 to B3, following the successful closing of its
refinancing transactions.

The TCR reported on Aug. 11, 2015, that Standard & Poor's Ratings
Services has raised its corporate credit rating on Overland,
Kan.-based less-than-truckload (LTL) trucking company YRC Worldwide
Inc. to 'B-' from 'CCC+'.  "The upgrade reflects YRC's earnings
growth and improved liquidity position, along with our belief that
gradual improvement in the company's operating performance will
result in credit measures that are commensurate with the rating,"
said Standard & Poor's credit analyst Michael Durand.


ZOGENIX INC: FMR LLC Reports 12% Equity Stake
---------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission on Sept. 9, 2015, FMR LLC, Edward C. Johnson 3d,
andAbigail P. Johnson disclosed that they beneficially owned
3,023,812 shares of common stock of Zogenix Inc., which represents
12.016 percent of the shares outstanding.  Select Biotechnology
Portfolio also owned 2,427,611 common shares as of that date.  Mr.
Johnson 3d is a director and the chairman of FMR LLC and Ms.
Johnson is a director, the vice chairman, the chief executive
officer and the president of FMR LLC.  A copy of the regulatory
filing is available for free at http://is.gd/tSlDTH

                         About Zogenix Inc.

Zogenix, Inc. (NASDAQ: ZGNX), with offices in San Diego and
Emeryville, California, is a pharmaceutical company
commercializing and developing products for the treatment of
central nervous system disorders and pain.

Zogenix reported net income of $8.58 million in 2014 following a
net loss of $80.85 million in 2013.

As of June 30, 2015, the Company had $246.7 million in total
assets, $138.6 million in total liabilities and $108.1 million in
total stockholders' equity.

Ernst & Young LLP, in San Diego, California, issued a "going
concern" qualification on the consolidated financial statements
for the year ended Dec. 31, 2014, citing that the Company's
recurring losses from operations and negative cash flows from
operating activities raise substantial doubt about its ability to
continue as a going concern.


[*] Bourguignon Rejoins Troutman Sanders as Finance Partner
-----------------------------------------------------------
Troutman Sanders LLP said Robert L. Bourguignon has rejoined the
firm's Finance practice as a partner in the New York office.
Bourguignon returns from Wachtel Missry LLP, which he joined from
Troutman Sanders in 2013.

"We are delighted that Robert has rejoined Troutman Sanders," said
Ashley Story, Chair of the firm's Real Estate and Finance
department. "His broad experience in finance and real estate
finance matters, including handling large complex loans, will
enhance our national lending practice, as well as provide added
bench strength for New York-based transactions."

"New York is a very important market for our expanding real estate
and finance practices," said David Dantzler, managing partner of
the firm's New York office. "Robert's background aligns with our
practice in New York, and his diverse experience representing
banks, private equity firms, hedge funds and private lenders will
be of tremendous benefit."

Bourguignon represents local, regional and national banks, private
equity firms, domestic and foreign hedge funds, and private lenders
in a wide range of matters. His experience includes traditional and
non-traditional real estate finance, leasehold finance,
debtor-in-possession finance, litigation finance, consumer lending
finance, Native American tribal lending, and financing of natural
resources. He not only structures and originates transactions, but
also has been involved in modifications, forbearances,
restructurings, workouts, foreclosures, litigation and
bankruptcies.

Before joining Troutman Sanders as a partner in 2008, Bourguignon
was a shareholder at Buchanan Ingersoll & Rooney.

"I am excited to be rejoining Troutman Sanders. The broad
experience that the firm offers is of significant benefit to my
clients," said Bourguignon. "In New York, not only does the
practice feature great depth in lending transactions, but also
experience in related areas of importance, including environmental,
tax, litigation, corporate and bankruptcy."

Bourguignon received a B.A. from New York University, an M.S. from
Columbia University and a J.D. from Brooklyn Law School.

Troutman Sanders LLP -- http://www.troutmansanders.com/-- is an
international law firm with more than 600 lawyers in 16 offices
located throughout North America and Asia. Founded in 1897, the
firm's lawyers provide counsel and advice in practically every
aspect of civil and commercial law related to the firm's core
practice areas: Corporate, Energy and Industry Regulation, Finance,
Litigation and Real Estate. Firm clients range from multinational
corporations to individual entrepreneurs, federal and state
agencies to foreign governments, and non-profit organizations to
businesses representing virtually every sector and industry.


[*] Gift Cards Present Liquidating Retailers with New Dilemma
-------------------------------------------------------------
Kelsey Butler, writing for The Deal, reported that gift cards are
popping up as a topic of conversations among bankruptcy
practitioners in part because so many well-known retailers have
opted to liquidate in the past year, such as Great Atlantic &
Pacific Tea Co., Cache Inc., Wet Seal Inc. and C. Wonder LLC, to
name a few.

"We are clearly [in] a situation where this is an issue that's
getting a lot of attention because retailers in a Chapter 11 [case]
have been liquidating rather than reorganizing," Timothy Karcher, a
partner at Proskauer Rose LLP, told The Deal.

The Deal said the value of unredeemed cards has grown to a
staggering amount.  The report, citing Card Hub, a credit card
search tool provider, said some $45 billion worth of gift cards
have gone unredeemed since 2005.


[*] Norman Kinel Leaves Lowenstein Sandler for Squire Patton
------------------------------------------------------------
Squire Patton Boggs said Norman N. Kinel has joined as partner in
the firm's Restructuring & Insolvency Practice, based in New York.
Mr. Kinel joins from Lowenstein Sandler.

"Norman's arrival brings a very high level of experience in complex
restructuring and reorganization matters, particularly representing
debtors and creditors committees, and will significantly enhance
our existing capabilities in the New York and Delaware markets and
across our global platform," said Stephen D. Lerner, partner and
Chair of the Squire Patton Boggs Restructuring & Insolvency
Practice. "His leading role in many of the country's largest and
most intricate chapter 11 cases will provide our clients with
valuable insight and counsel in a variety of matters."

With more than thirty years of experience and a national reputation
as a bankruptcy practitioner, Mr. Kinel has successfully
represented and litigated on behalf of debtors, committees of
creditors, equity holders and retirees, secured creditors,
financial institutions, bondholders, unions and trustees in
bankruptcy proceedings across the country and involving numerous
industries. Among Mr. Kinel's notable representations were the
committees in the Coldwater Creek, KidsPeace Corporation, Tavern on
the Green, Adelphia Communications and 360networks cases, and the
debtors in the Daytop Village, 1031 Tax Group, Robotic Vision
Systems and Federal Mogul cases.

"With one of the largest global restructuring and insolvency teams
and geographic platforms, Squire Patton Boggs offers the unique
opportunity to collaborate with
experienced colleagues on significant domestic and cross-border
engagements at a time when the impact of our global economy is
increasingly being felt in the restructuring practice," said Mr.
Kinel. "I am tremendously excited to join this preeminent team and
look forward to adding to the depth and breadth of the firm's
insolvency practice."

Listed numerous times among the top bankruptcy lawyers in Manhattan
by Super Lawyers, Mr. Kinel is a noted author of numerous
bankruptcy law articles and a commentator for national publications
on bankruptcy law issues. He is also listed on the Register of
Mediators of the United States Bankruptcy Court for the Southern
District of New York, and is a court-approved mediator in the
Lehman Brothers cases. Mr. Kinel received his B.A. from Yeshiva
University and earned his J. D. from American University,
Washington College of Law.


[*] Polsinelli's Ed Fox Joins Seyfarth Shaw as NY Partner
---------------------------------------------------------
Seyfarth Shaw LLP unveiled the arrival of partner Edward M. Fox to
the firm's Bankruptcy, Workouts and Business Reorganization
practice group in New York.

Spanning 30 years, Fox's practice includes all aspects of
bankruptcy, financial restructurings and corporate reorganizations.
He has represented debtors, creditors' committees, indenture
trustees, landlords, and other creditors in some of the largest
bankruptcy cases in the nation. He has also represented banks,
labor unions, pension funds, and other creditors in various Chapter
11 reorganization cases involving retailers, office buildings,
hotel and motel properties, casinos and other corporations. In
addition, he has represented ad hoc committees and creditors in
out-of-court restructurings.

"As we expand our bankruptcy practice nationally, we seek lawyers,
like Ed, who have the ability to advise clients in many complex
matters regardless of the economic environment," said Kate
Perrelli, chair of Seyfarth's Litigation department. "Along with
his exceptional bankruptcy knowledge, Ed is highly skilled in
transactions and a go-to lawyer in the courtroom."

"Ed is a well-known bankruptcy lawyer with strong transactional
experience who will be an asset to our growing corporate and real
estate teams in New York," said John Napoli, co-managing partner of
the firm's New York office.

"Our team is thrilled to welcome a lawyer of Ed's caliber who
enhances our bankruptcy and litigation resources on the East Coast
and nationally," said Lorie Almon, co-managing partner of the
firm's New York office.

Fox earned his J.D., magna cum laude, from Boston University School
of Law where he served as Editor of the American Journal of Law &
Medicine. He received his B.A. from Columbia University.

Mr. Fox is a former Polsinelli PC shareholder.

Seyfarth Shaw -- http://www.seyfarth.com/-- has more than 850
attorneys and provides a broad range of legal services in the areas
of labor and employment, employee benefits, litigation, corporate
and real estate. With offices in Atlanta, Boston, Chicago, Houston,
London, Los Angeles, Melbourne, New York, Sacramento, San
Francisco, Shanghai, Sydney and Washington, D.C., Seyfarth's
clients include over 300 of the Fortune 500 companies and reflect
virtually every industry and segment of the economy.


[*] Warren Vitter Call on Congress to Restrict Bailouts
-------------------------------------------------------
John Kennedy at Bankruptcy Law360 reported that U.S. Senators
Elizabeth Warren, D-Mass., and David Vitter, R-La., said on Sept.
16, 2015, that legislation is necessary to combat the idea that
some banks are "too big to fail" and restricting the Federal
Reserve Board of Governors' ability to lend to large banks facing
financial ruin.

As part of a panel on reforming the Fed's rescue authority at the
Cato Institute, the senators said that while the agency has the
power to address the bipartisan concern about "too big to fail," it
hasn't done so.


[] Global Default Rate Lower in August, Moody's Says
-----------------------------------------------------
Moody's Investors Service trailing 12-month global
speculative-grade default rate finished at 2.3% in August, down
from 2.4% in July. The latest reading came in slightly lower than
the rating agency's year-ago prediction of 2.6%.

"Oil and gas continues to be the most challenged industry so far
this year, owing to the bankruptcy filing of Hercules Offshore Inc.
and the distressed exchange by SandRidge Energy Inc.," said Albert
Metz, Managing Director of Moody's Credit Policy Research.

Among US speculative-grade issuers, the default rate remained
unchanged at 2.3% from July to August. In Europe, the comparable
rate fell from 2.0% to 1.4%.

Moody's default rate forecasting model now predicts that the global
default rate will end 2015 at 2.7%. If realized, the rate will be
well below the historical average of 4.5%. The "August Default
Report" is now available, as are Moody's other default research
reports, in the Ratings Analytics section of Moodys.com.

Moody's Monthly Default Report includes speculative-grade default
statistics by region and industry, as well as year-ago rates and
year-ahead forecasts. It also provides recent rating transition
data and default rates among Moody's-rated loan issuers.


[] Rising Interest Rates Credit Neg for US Utilities, Moody's Says
------------------------------------------------------------------
US utilities will face higher borrowing costs as interest rates
rise, a credit negative, according to Moody's Investors Service in
"What Rising Interest Rates Would Mean for US Utilities." Most
utilities, however, are insulated from rising rates by longer-dated
debt maturities, the ability to recover costs and the general
expectation that rates will rise slowly during the next 12 to 18
months.

Unregulated utilities are most vulnerable to rising interest rates
since they must recoup costs via the market. Regulated utilities
can recover interest costs by passing additional costs through to
customers, but require regulatory approval before doing so. Public
power companies are the least vulnerable, owing to their ability to
raise rates without regulatory approval, Moody's says.

"Easier cost-recovery methods puts regulated and public power
utilities in a more favorable position than other corporates,"
Moody's AVP Analyst Ryan Wobbrock says.

Utilities with a high percentage of debt maturing over the next two
years will be particularly sensitive to interest rate increases in
the near term.

Questar Corp (A2 stable), DPL Inc (Ba3 stable) and Talen Energy
Supply (Ba2 negative) are among the most exposed in 2016 based on
the total percentage of maturing debt. These liabilities consist of
short-term obligations such as commercial paper, bank term loans,
and long-term debt maturing by year-end 2016.

In addition, utilities with the highest projected planned capital
spending increases for 2016 will feel the brunt of rising rates in
their borrowing costs.

For 2016, Hawaiian Electric Co (Baa1 negative) and WGL Holdings
have some of the most significant capital plans to finance,
relative to their five year averages for 2010-14.

Though public power utilities face the least exposure to rising
interest rates, those with higher variable rate debt as a portion
of total debt will feel the impact of rising interest rates more
acutely. Notable public power utilities on this list include
Colorado Springs Combined Utility (Aa2 stable), Philadelphia Gas
Works (Baa1 stable), and Nebraska Public Power District (A1
stable).


[^] BOOK REVIEW: The Rise and Fall of the Conglomerate Kings
------------------------------------------------------------
Author:     Robert Sobel
Publisher:  Beard Books
Softcover:  240 pages
List Price: $34.95
Review by David Henderson

Order your personal copy today at http://is.gd/1GZnJk

The marvelous thing about capitalism is that you, too, can be a
Master of the Universe.  If you are of a certain age, you will
recall that is the name commandeered by Wall Street bond traders
in their Glory Days.  Being one is a lot like surfing: you have to
catch the crest of the wave just right or you get slammed into the
drink, and even the ride never lasts forever.  There are no
Endless Summers in the market.

This book is the behind-the-scenes story of the financial wizards
and bare-knuckled businessmen who created the conglomerates, the
glamorous multi-form companies that marked the high noon of post-
World War II American capitalism.  Covering the period from the
end of the war to 1983, the author explains why and how the
conglomerate movement originated, how it mushroomed, and what
caused its startling and rapid decline.  Business historian Robert
Sobel chronicles the rise and fall of the first Masters of the
Universe in the U.S. and describes how the era gave rise to a
cadre of imaginative, bold, and often ruthless entrepreneurs who
took advantage of a buoyant stock market to create giant
enterprises, often through the exchange of overvalued paper for
real assets.  He covers the likes of Royal Little (Textron), Text
Thornton (Litton Industries), James Ling (Ling-Temco-Vought),
Charles Bludhorn (Gulf & Western) and Harold Geneen (ITT).  This
is a good read to put the recent boom and bust in a better
perspective.

While these men had vastly different personalities and processes,
they had a few things in common: ambition, the ability to seize
opportunities that others were too risk-averse to take, willing
bankers, and the expansive markets of the 1960s.  There is
something about an expansive market that attracts and creates
Masters of the Universe.  The Greek called it hubris.

The author tells a good joke to illustrate the successes and
failures of the period.  It seems the young son of a
Conglomerateur brings home a stray mongrel dog.  His father asks,
"How much do you think it's worth?" To which the boy replies, "At
least $30,000." The father gently tries to explain the market for
mongrel dogs, but the boy is undeterred and the next afternoon
proudly announces that he has sold the dog for $50,000.  The
father is proudly flabbergasted,  "You mean you found some fool
with that much money who paid you for that dog?"  "Not exactly,"
the son replies, "I traded it for two $25,000 cats."

While it lasted, the conglomerate struggles were a great slugfest
to watch: the heads of giant corporations battling each other for
control of other corporations, and all of it free from the rubric
of "synergy."  Nobody could pretend there was any synergy between
U.S. Steel and Marathon Oil.  This was raw capitalist power at
work, not a bunch of fluffy dot.commies pretending to defy market
gravity.

History repeats itself, endlessly, because so few people study
history.  The stagflation of the 1970s devalued the stock of
conglomerates and made it useless a currency to keep the schemes
afloat.  The wave crashed and waiting on the horizon for the next
big wave: the LBO Masters of the 1980s.

Robert Sobel was born in 1931 and died in 1999.  He was a prolific
chronicler of American business life, writing or editing more than
50 books and hundreds of articles and corporate profiles.  He was
a professor of business history at Hofstra University for 43 years
and he a Ph.D. from NYU.


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2015.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
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firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
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                   *** End of Transmission ***