TCR_Public/150924.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, September 24, 2015, Vol. 19, No. 267

                            Headlines

33 PECK SLIP: Court Authorizes Interim $745K Cash Collateral Use
AMBER HOTEL: Little Fails in Appeal from Order Dismissing Suit
AP-LONG BEACH: 2nd Amended Plan Declared Effective July 17
ASHLAND INC: Moody's Affirms Ba1 CFR After Spin Off Announcement
ASHLAND INC: S&P Affirms 'BB' CCR & Revises Outlook to Negative

AURORA DIAGNOSTICS: Signs 4th Amendment to Loan Pact with Cerberus
AZUSA CITY: Moody's Affirms Ba2 Rating on 2003 Refunding COPs
BALMORAL RACING: Horse Races Face Cancellation
BATTLE CREEK: Creditor Seeks Dismissal of Ch. 11 Case
BEAR ISLAND: First Amended Plan Declared Effective July 28

BERNARD L. MADOFF: Aurelia Finance Directors Settle Criminal Claims
BIRMINGHAM COAL: Files Clawback Suit Against Computershare
BIRMINGHAM COAL: Needs Until Dec. 23 to Remove Actions
BULLION DIRECT: Committee Taps Dykema Cox as Attorney
BULLIONDIRECT INC: Amends Schedules of Assets and Liabilities

CAESARS ENTERTAINMENT: Second Lien Bond RSA Expires
CAL DIVE: Gets Green Light to Sell Vessel to Uncle John Holding
CASA EN DENVER: Oct. 15 Hearing on Bid to Use Cash Collateral
CERTENEJAS INCORPORADO: Case Summary & 7 Top Unsecured Creditors
CHINA CERAMICS: Receives Nasdaq Listing Non-Compliance Notice

CONGREGATION BIRCHOS: Hires Carlebach as Legal Counsel
CORPORATE RESOURCE: Consents to Case Trustee Appointment
COTY INC: Moody's Assigns Ba1 Corp. Family Rating, Outlook Stable
CPI HOLDINGS: Moody's Affirms 'B1' CFR, Outlook Positive
CREATIVE ARTISTS: Moody's Retains B2 CFR Over $75MM Add-On

CRP-2 HOLDINGS: Amends Schedule of Unsecured Nonpriority Claims
CRP-2 HOLDINGS: US Trustee Amends Members of Unsec. Committee
CURTIS JAMES JACKSON: Sues Former Consultant Over TV Deals
DASEKE INC: S&P Withdraws 'B+' Corporate Credit Rating
DVORKIN HOLDINGS: FirstMerit Wants Stay of Payouts Further Extended

EAGLE INC: Case Summary & 20 Largest Unsecured Creditors
EAGLE INC: Files for Bankruptcy Amid Asbestos-Related Lawsuits
ELITE PRECISION: General Dynamics Wants Fraud Suits Consolidated
FIELDWOOD ENERGY: Moody's Lowers CFR to B2, Outlook Negative
FLINTKOTE COMPANY: Time to Remove Suits Extended to Oct. 31

FOREST PARK MEDICAL: Case Summary & 20 Largest Unsecured Creditors
FOREST PARK MEDICAL: Files for Chapter 11 Due to Declining Revenues
FREDERICK'S OF HOLLYWOOD: Has Until Dec. 15 to File Ch. 11 Plan
FULLBEAUTY BRANDS: S&P Lowers CCR to 'B-', Outlook Stable
GARLOCK SEALING: Belluck & Fox Must Face Subpoenas

GELTECH SOLUTIONS: Reports $5.51 Million Net Loss for Fiscal 2015
GENERAL MOTORS: Ignition Switch Plaintiffs Defend Damages Claims
GENERAL SHOPPING: Moody's Lowers Sr. Unsecured Debt Rating to 'B2'
GLOBAL MARITIME: Wants to Pay $250,000 to Critical Vendors
HARVEST PARK COMMERCIAL: Voluntary Chapter 11 Case Summary

HARVEST PARK HOMES: Voluntary Chapter 11 Case Summary
HAVERHILL CHEMICALS: Approval of Bidding Procedures Sought
HEALTH DIAGNOSTIC: Ettin Group Approved to Sell Misc. Equipment
HEALTH DIAGNOSTIC: Protiviti Okayed as Panel's Financial Advisor
HIGHLINE ACADEMY: S&P Lowers Rating on 2011 Charter Bonds to 'BB+'

HILLCREST BANK: 8th Cir. Rejects Quintero Investors' Rehearing Bid
HUMMEL STATION: S&P Assigns Prelim. 'BB-' Rating on $455MM Loan
IAC/INTERACTIVECORP: Moody's May Lower Ba1 CFR Over POF Purchase
INFINITY ENERGY: Amends 6.9 Million Shares Resale Prospectus
INSURENET INSURANCE: Voluntary Chapter 11 Case Summary

JB3 LLC: Voluntary Chapter 11 Case Summary
JENNIFER L. FORTUNE DVM: Case Summary & 5 Top Unsecured Creditors
KITTUSAMY LLP: Court Approves Kolesar & Leatham as Attorney
KITTUSAMY LLP: Schwartz Flansburg Files Rule 2019 Statement
L.B. STRINGFELLOW: Case Summary & 9 Largest Unsecured Creditors

LEGENDS GAMING: Global Gaming Backs at Bad Faith Claim
LEHMAN BROTHERS: Giddens Wants $260MM in Claims Reclassified
LERIN HILLS: Court Confirms Liquidating Plan
LERIN HILLS: Debtors Declare Exit Plan Effective Sept. 11
LERIN HILLS: MUD Directors' Bid for Stay Relief Denied

LONGVIEW POWER: Court Issues Final Decree Closing Ch. 11 Case
MDC HOLDINGS: Moody's Puts Ba1 CFR on Review for Downgrade
NEW CENTAUR: S&P Affirms 'B' CCR Then Withdraws Rating
NORTEL NETWORKS: Files Status Report on Sterling Mets Suit
NORTEL NETWORKS: Says EMEA Unit Should Be Spared From IP Suit

OMEGA HEALTHCARE: S&P Raises Corp. Credit Rating From 'BB+'
ONE SOURCE: Secured Creditors Object to Reorganization Plan
OPTIMUMBANK HOLDINGS: In Technical Default Under $5.15M Debenture
ORBITZ WORLDWIDE: S&P Withdraws 'B+' CCR on Completed Acquisition
OVERSEAS SHIPHOLDING: Moody's Confirms B2 CFR, Outlook Positive

PATRIOT COAL: Blackhawk Wins Auction for Majority of Assets
PILOT TRAVEL: Moody's Assigns Ba2 Rating on New $700MM Secured Loan
PILOT TRAVEL: S&P Retains 'BB+' Rating on Revised Recovery Rating
QUANTUM FOODS: Settles with Raging Bull on Failed Asset Sale
QUIRKY INC: Asks Permission to Use Comerica Bank's Cash Collateral

QUIRKY INC: Proposes Flextronics-Led Auction on Nov. 2
QUIRKY INC: Seeks Joint Administration of Cases
RENAULT WINERY: Bank Makes $3.36-Million Credit Bid
RLJ ENTERPRISES: Case Summary & 9 Largest Unsecured Creditors
ROSETTA GENOMICS: Chief Medical Officer Quits

SABLE OPERATING: Hires Gary Todd as Landman to Review Leases
SABLE OPERATING: Hires Joyce Lindauer as Counsel
SABLE OPERATING: Hires Ronald Sentz as Engineer
SAINT MICHAEL'S: Court Approves Nov. 5 Auction of Assets
SAINT MICHAEL'S: Final DIP Hearing Adjourned to Oct. 2

SAINT MICHAEL'S: U.S. Trustee Names S. Goodman as PCO
SB PARTNERS: Closes Sale of Lino Lakes Property for $16 Million
SCS HOLDINGS: S&P Revises Outlook to Negative & Affirms 'B+' CCR
SIRIUS COMPUTER: Moody's Assigns B1 CFR & Rates Sec. Loans Ba3
SPENDSMART NETWORKS: Isaac Blech Reports 11.9% Stake as of Sept. 21

STANDARD REGISTER: Court Approves WilliamsMarston to Provide CRO
TRANS COASTAL: Seeks to Use US Bank Cash Collateral
VIGGLE INC: Widens Net Loss to $78.9 Million in Fiscal 2015
VILLAGE COURT: Voluntary Chapter 11 Case Summary
VISCOUNT SYSTEMS: Principal Accounting Officer Resigns

WHITTEN FOUNDATION: IberiaBank Proposes Sale-Based Plan
XZERES CORP: Paul DeBruce Reports 26.5% Stake as of Aug. 28
YARWAY CORP: Sets Oct. 19 Deadline for Filing Admin Expense Claims
[*] 10 Lateral Attorneys Join SmithAmundsen's Indianapolis Office
[*] American Sectors Face Significant Exposure to China Slowdown

[*] Fitch: US Energy Debt Exchanges Provide Little Interest Relief
[*] Former Greenberg Traurig Lawyer Loesberg Joins Kelley Drye
[^] Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

33 PECK SLIP: Court Authorizes Interim $745K Cash Collateral Use
----------------------------------------------------------------
Judge James L. Garrity, Jr., of the U.S. Bankruptcy Court for the
Southern District of New York authorized debtor 33 Peck Slip
Acquisition LLC to use cash collateral on an interim basis, to pay
expenses totaling $745,874.  Judge Garrity likewise authorized the
Debtors to grant adequate protection, including monthly payments,
to lender 33 Peck Slip Hotel Capital LLC.

The interim use of the cash collateral is authorized only for the
period from the Petition Date through and including the date on
which a final order is entered.

The Debtor says it has an immediate need to use the cash to, among
other things, preserve and maximize the value of the its assets,
absent which immediate and irreparable harm will result to the
Debtor, its estate, and its creditors.  The preservation and
maintenance of the Debtor's assets and business is necessary to
maximize values available for distribution to stakeholders.  Absent
the Debtor's ability to use cash collateral, the Debtor would not
have sufficient available sources of working capital or financing
and would be unable to pay its operating expenses or maintain its
assets, to the detriment of the Debtor’s estate and creditors.

Judge Garrity authorized the Debtor to provide, and likewise
granted the Lender, adequate protection as follows:
   
     (i) continued monthly payments of fixed interest at the
non-default rate set forth in the Lender's Loan Documents,

    (ii) continued use, maintenance and insurance of the Lender’s
Collateral in accordance with the Lender's Loan Documents,

   (iii) to the extent of the use of any of the Lender’s cash
collateral, the Lender is granted replacement security interests
and liens on any postpetition property of the Estate that have the
same scope, priority, validity and enforceability as the Lender’s
prepetition security interests and liens had with respect to the
cash collateral that is used by the Debtor but without requiring
any additional filing or recordation of statements or documents,

    (iv) the Lender will have a superpriority administrative
expense claim under section 507(b) of the Bankruptcy Code to the
extent of any diminution of the Lender's cash collateral from the
Petition Date, and

     (v) the Debtor will provide the Lender with copies of all
pleadings, papers and reports filed with the Bankruptcy Court or
submitted to the United States Trustee and any other non-privileged
information reasonably requested by the Lender.

The final hearing on the Debtor's motion is scheduled on Oct. 7,
2015 at 2:00 p.m.  The deadline for the filing of any response to
the Debtor's motion is Sept. 30, 2015 at 4:00 p.m.

The Debtors' attorneys can be reached at:

          David B. Shemano, Esq.
          ROBINS KAPLAN LLP
          601 Lexington Avenue
          Suite 3400
          New York, NY 10022-4611
          Telephone: (212)980-7400
          Facsimile: (212)980-7499
          E-mail: Dshemano@RobinsKaplan.com

                - and -

          Howard J. Weg, Esq.
          Scott F. Gautier, Esq.
          ROBINS KAPLAN LLP
          2049 Century Park East
          Suite 3400
          Los Angeles, CA 90067-3208
          Telephone: (310)552-0130
          Facsimile: (310)229-5800
          E-mail: Hweg@RobinsKaplan.com
                  Sgautier@RobinsKaplan.com

                  About 33 Peck Slip Acquisition

Owners of four New York City hotel properties, namely 33 Peck Slip
Acquisition LLC, Gemini 37 West 24th Street MT, LLC, 36 West 38th
Street LLC and 52 West 13th P, LLC, have sought Chapter 11
bankruptcy protection, intending to auction off their assets in
connection with a Chapter 11 plan.

The Debtors own:

   * the Best Western Seaport Hotel, at 33 Peck Slip in the South
Street Seaport Historic District on the Lower Manhattan waterfront
in New York City, New York;

   * the Wyndham Flatiron Hotel, at 37 West 24th Street in the
Flatiron district of New York City, New York;

   * the Jade Greenwich Village Hotel at 52 West 13th Street in
Greenwich Village in Lower Manhattan in New York City, New York;
and

   * the Bryant Park Development Site, a development lot that is
approved for development as a 114-room boutique hotel at 34-36 West
38th Street in the Bryant Park district of New York City, New
York.

33 Peck Slip Acquisition LLC, et al., sought Chapter 11 bankruptcy
petition (Bankr. S.D.N.Y. Case Nos. 15-12479 to 15-12482) on
Sept. 3, 2015.

The Debtors reported total assets of $205.8 million and total
liabilities of $135.6 million.

The Debtors have hired Robins Kaplan LLP as their counsel and
Robert Douglas as their real estate advisor to assist with the
sales.



AMBER HOTEL: Little Fails in Appeal from Order Dismissing Suit
--------------------------------------------------------------
Judge Fernando M. Olguin of the United States District Court for
the Central District of California dismissed James J. Little's
appeal from the bankruptcy court's order dated October 20, 2014,
dismissing his complaint seeking to revoke confirmation of Amber
Hotel Corporation's plan of reorganization.

Amber filed for Chapter 11 bankruptcy on March 17, 2013.  On
October 28, 2013, Amber filed its amended plan of reorganization.
That plan was confirmed pursuant to an order of the bankruptcy
court entered on December 26, 2013. Little did not seek a stay of
that confirmation.

On June 24, 2014, Little filed a complaint seeking to revoke the
confirmation on the ground that it was procured by fraud pursuant
to Section 1144 of the Bankruptcy Code.  On September 17, 2014,
Amber moved to dismiss the Adversary Complaint on two grounds
relevant here: (1) the Adversary Complaint is time barred; and (2)
the Adversary Complaint is equitably moot.

On October 20, 2014, the bankruptcy court entered its Findings,
which concluded that the Adversary Complaint is time barred and is
also equitably moot.  In conjunction with its Findings, the
bankruptcy court entered its Order Granting Reorganized Debtor's
Motion to Dismiss Complaint.  Little timely filed an appeal from
that order.

Judge Olguin held that the bankruptcy court did not err finding
that Little's Adversary Complaint was untimely.  He asserted that
Little had failed to meet his "exceptionally heavy" burden of
demonstrating that "before" means "within" given the plain language
of Section 1144, which states that "at any time before 180 days
after the date of the entry of the order of confirmation," a
creditor may file an adversary complaint to revoke a chapter 11
plan of confirmation "procured by fraud."  Judge Olguin ruled that
the court is not inclined to interpret "before 180 days" to mean a
"180-day period" on the basis of case law that makes only casual
reference to "180 days" in Section 1144, particularly when none of
that case law considers whether filing an adversary complaint on
the 180th day, rather than the 179th day, is untimely.

Judge Olguin further held that Little did not seek a stay of the
Chapter 11 confirmation plan and that is fatal to his contention
that the Adversary Complaint is not equitably moot.

The case is JAMES J. LITTLE, Appellant, v. AMBER HOTEL CORPORATION,
Appellee, CASE NO. CV 14-9254 FMO (C.D. Calif.), relating to IN RE
AMBER HOTEL CORPORATION, Reorganized Debtor.

A full-text copy of Judge Olguin's Order Re: Bankruptcy Appeal
dated August 31, 2015 is available at http://is.gd/cjbiiufrom
Leagle.com.

Amber Hotel Corporation is represented by:

          David L. Oberg, Esq.
          LAW OFFICES OF DAVID LAWRENCE
          OBERG APC
          23679 Calabasas Rd, Ste 541
          Calabasas, CA 91302

James J. Little is represented by:

          Philip H. Stillman, Esq.
          STILLMAN & ASSOCIATES
          51 Mill Street, Ste 11
          Hanover, MA 02339
          Telephone: (781)829-1077
          Email: dhs@stillmanlegal.com

Agoura Hills, California-based Amber Hotel Corporation sought
protection under Chapter 11 of the Bankruptcy Code on March 17,
2013 (Bankr. C.D. Calif., Case No. 13-11804).  The case is assigned
to Judge Alan M. Ahart.  The Debtor's counsel is David L. Oberg,
Esq., at Law Offices of David Lawrence Oberg, APC, in Calabasas,
California.


AP-LONG BEACH: 2nd Amended Plan Declared Effective July 17
----------------------------------------------------------
AP-Long Beach Airport LLC informed the Hon. Vincent P. Zurzolo of
the U.S. Bankruptcy Court for the Central District of California
that its second amended Chapter 11 plan of reorganization became
effective as of July 17, 2015.

Judge Zurzolo confirmed the Debtor's amended Chapter 11 plan on
July 2, 2015.

As reported in the Troubled Company Reporter on April 29, 2015,
holders of general unsecured claims can expect payment on the
effective date of the Plan, which is estimated to be no later than
July 15, 2015, and in the amount of 100% of their allowed claims
plus interest at the federal judgment rate as of the Effective
Date.

Abbey-Properties II LLC's interests in the Debtor will be
transferred to a new company, LB Hangar 3205 LLC.  APII will be the
sole member of LB Hangar and thus will remain the ultimate owner of
100% of the Debtor.

A clean copy of the Second Amended Disclosure Statement and Plan
is
available for free at:

   http://bankrupt.com/misc/AP_Long_Beach_2nd_Am_DS.pdf

A red-line copy of the Second Amended Disclosure Statement is
available for free at:

   http://bankrupt.com/misc/AP_Long_Beach_2nd_Am_DS_RL.pdf

                         About AP-Long Beach

AP-Long Beach Airport LLC is a property-level subsidiary of The
Abbey Companies LLC.  The Abbey Companies and its more than 60
separate subsidiaries were founded by Donald G. Abbey.

AP-Long Beach Airport LLC is a single asset real estate that owns a
206,945-square foot building at Long Beach Airport, in Long Beach
California, that originally was an airplane hangar.  The building
is owned and operated by the company on land owned by, and leased
from, the City of Long Beach.

AP-Long Beach Airport LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. C.D. Cal. Case No. 14-33372) on Dec. 19,
2014.  The case is assigned to Judge Vincent P. Zurzolo.

The Debtor's counsel is Alan J Friedman, Esq., and Kerri A Lyman,
Esq., at Irell & Manella LLP.

The Debtor disclosed $44.6 million in assets and $34.8 million in
liabilities as of the Chapter 11 filing.


ASHLAND INC: Moody's Affirms Ba1 CFR After Spin Off Announcement
----------------------------------------------------------------
Moody's Investors Service said it affirmed the Ba1 corporate family
ratings of Ashland Inc. following the company's announcement that
its board of directors, following a comprehensive strategic review,
has approved proceeding with a plan to separate the Valvoline
lubricant business into an independent publicly traded company in a
tax free spin-off to shareholders.  The separation is likely to
commence some time in fiscal year 2017, as the company works to
finalize the transaction structure and obtain customary regulatory
and other approvals.  The transaction is subject to final board
approval.  The outlook for the rating is stable.

Affirmations:

Issuer: Ashland Inc.

  Corporate Family Rating, Affirmed Ba1
  Probability of Default Rating, Affirmed Ba1-PD
  Speculative Grade Liquidity Rating, Affirmed SGL-1
  Senior Unsecured Bank Credit Facility (Local Currency), Affirmed

   Ba1, LGD4
  Senior Unsecured Regular Bond/Debenture (Local Currency),
   Affirmed Ba1, LGD4
  Senior Unsecured Medium-Term Note Program (Local Currency),
   Affirmed (P)Ba1

Outlook Actions:

Issuer: Ashland Inc.
  Outlook, Remains Stable

Issuer: Hercules Incorporated
  Backed Junior Subordinated Regular Bond/Debenture (Local
   Currency), Affirmed Ba2, LGD6
  Backed Senior Secured Regular Bond/Debenture (Local Currency),
   Affirmed Ba1, LGD4

Outlook Actions:

Issuer: Hercules Incorporated
  Outlook, Remains Stable

RATINGS RATIONALE

Moody's acknowledges the strategic and valuation rationale in
separating a branded lubricant product and franchise company from a
specialty chemical company, as independence will facilitate capital
allocation, portfolio strategies and capital structure decisions
tailored and appropriate for each company.

However, the separation will result in a smaller, less diversified
New Ashland, while removing from the portfolio what was a strong
and stable earnings contributor with an above par return on asset
profile.  These changes to the credit profile are meaningful,
Moody's noted.

As an offset to the negative portfolio impact, Moody's expects that
the New Ashland will adhere to a more conservative financial policy
including lower debt and leverage on a post-spin basis, and
targeting gross balance sheet leverage at or below 3.0x range over
time (or low 3.0x on a Moody's adjusted basis, vs. roughly 4.0x
currently).  Transfer of the U.S. pension liabilities to Valvoline
significantly reduces Moody's adjustments to Ashland's debt and is
a significant factor in reducing adjusted leverage on a post
spin-basis.  Indeed, affirmation of the Ba1 ratings incorporates
this more conservative use of balance sheet leverage,
notwithstanding occasional, but modest, deviation from this target
due to opportunistic M&A activity that might occur.  Moreover, the
move to a specialty company focus with a stronger balance sheet
should allow for further portfolio strengthening moves, Moody's
added.

Currently, Ashland's Ba1 Corporate Family Rating (CFR) is supported
by a portfolio of specialty chemical businesses serving diverse end
markets in the U.S. and internationally, a large revenue base with
LTM revenues through June 30, 2015 of $5.6 billion, meaningful
market shares in key businesses (e.g., #1 globally in Specialty
Ingredients and non-aerospace composites and #2 in the U.S.
franchised quick lube chain), and good geographic and operational
diversity.  The rating is also supported by strong and improving
EBITDA margins, particularly in Specialty Ingredients and in
Valvoline.

On a post-spin basis, assuming Valvoline is fully separated from
the portfolio, the New Ashland will have pro forma revenues of
roughly $3.6 billion, with two segments, including Ashland
Specialty Ingredients (ASI), the larger of the two segments with
revenues of roughly $2.4 billion and a mid 20% range EBITDA margin,
and Ashland Performance Materials (APM), with an EBITDA margin in
the low double-digit percent range.

Moody's expects the New Ashland will continue to enjoy strong
margins at ASI and improving margins and business position at APM,
while maintaining a strong balance sheet and generating positive
free cash flow for debt reduction and dividends, as well as share
buybacks or modest M&A activity.  The New Ashland will continue to
serve a diversified mix of consumer and industrial end markets
including pharmaceuticals, personal care, food and beverage,
adhesives, architectural coatings, automotive, construction, and
energy.

Ashland's SGL-1 Speculative Grade Liquidity rating reflects its
very good liquidity position, which is supported by $1.11 billion
in cash balances at June 30, 2015, its $1.2 billion senior
unsecured revolving credit facility, which has recently been
extended to 2020 (availability of $1.13 billion as of June 30,
2015), and expectations for positive free cash flow generation.

On a pre-spin basis, the stable rating outlook anticipates an
improving trend in leverage to levels more supportive of the Ba1
ratings, while some tangible improvement is important ahead of a
meaningful decline in cash balances.  Moody's would expect to see
gross leverage in the mid 3x range to be more supportive of the Ba1
ratings (on a pre-Valvoline-spin basis).

The ratings could be downgraded if Ashland does not meaningfully
improve its profitability and EBITDA such that leverage exhibits a
declining trend to levels more supportive of the Ba1 CFR, and
before using most or all its excess cash balances for share
repurchases.

There is limited upward pressure on the ratings at this time.
However, Moody's could consider an upgrade if management were to
institute a targeted leverage in the low to mid 2x range and
commences a meaningful debt reduction plan.

The principal methodology used in these ratings was Global Chemical
Industry Rating Methodology published in December 2013.

Ashland Inc., headquartered in Covington, Kentucky, is focused on
growing its specialty chemicals businesses globally.  Ashland
Specialty Ingredients and Ashland Performance Materials from its
core specialty chemicals businesses and through its Valvoline
brand, it is also a marketer of premium-branded automotive and
commercial lubricants.  Ashland had revenues from continuing
operations of $5.6 billion for the twelve months ended June 30,
2015.



ASHLAND INC: S&P Affirms 'BB' CCR & Revises Outlook to Negative
---------------------------------------------------------------
Standard & Poor's Ratings Services affirmed its 'BB' corporate
credit rating on Ashland Inc. and revised the rating outlook to
negative from stable.  At the same time, S&P affirmed all of its
debt ratings on the company.

"The outlook revision follows Ashland's announcement that it
intends to spin-off its Valvoline business into a separate public
company," said Standard & Poor's credit analyst Daniel Krauss.  "We
believe that the Valvoline business provided Ashland with a fair
degree of diversity, scale, and solid profitability," he added.

"The spin-off of this sizable business could lead us to re-assess
Ashland's business risk profile at a level lower than
"satisfactory."  As a result, we believe there is at least a
one-in-three chance for a downgrade over the next 12 months or so.
We expect Ashland to maintain a financial risk profile in line with
our "aggressive" assessment.  We consider Ashland's liquidity to be
"adequate," and expect cash sources to comfortably exceed cash uses
by more than 1.2x over the next one to two years.  We expect the
company will continue to maintain sufficient cushion under its
maximum leverage and minimum interest coverage covenants," S&P
said.

"The negative rating outlook on Ashland Inc. reflects our view that
the spin-off of the Valvoline business could lead us to re-assess
the company's business risk profile at a level lower than
"satisfactory."  We believe that management will remain committed
to maintaining financial policies that support an improving
financial risk profile.  Specifically, we expect that management
will meaningfully reduce debt in an effort to maintain credit
measures at, or slightly above, current levels.  Given the
company's current satisfactory business risk profile, we consider a
pro forma FFO to debt ratio of between 15% and 20% as appropriate
for the current rating.  We could lower the ratings if we believe
that a weakening in our assessment of the company's business risk
profile is unlikely to be offset with an improvement in its
financial risk profile assessment.  Specifically, if the business
risk profile is re-assessed at a lower level, we could lower the
ratings if we consider it unlikely that the pro forma FFO to debt
ratio would improve to about 20% on a weighted-average basis.  We
could also consider a modest downgrade if, contrary to our
expectations, the company does not meaningfully reduce debt," S&P
noted.

S&P could revise the outlook to stable if it believes that, despite
the loss of diversity and profitability from the Valvoline
spin-off, the company's business risk profile will remain what S&P
considers "satisfactory."  S&P could also consider an outlook
revision to stable, if it believes the company's pro forma FFO to
debt ratio is likely to strengthen to about 20%.



AURORA DIAGNOSTICS: Signs 4th Amendment to Loan Pact with Cerberus
------------------------------------------------------------------
Aurora Diagnostics Holdings, LLC, entered into a fourth amendment
to its Financing Agreement dated as of July 31, 2014, by and among
Aurora Diagnostics, LLC, as borrower, the Company and certain
subsidiaries of the Borrower, as guarantors, the lenders, and
Cerberus Business Finance, LLC, as administrative agent and
collateral agent.  

Pursuant to the Financing Agreement, the Borrower borrowed a total
of $25,000,000 under the initial delayed draw term loan.  Prior to
the Fourth Amendment Effective Date, the Company had $5,400,000 of
excess funds remaining from such Term Loan draw.

The fourth amendment provides that from and after the Fourth
Amendment Effective Date until Oct. 31, 2015, the Borrower may use
the Excess Loan Proceeds to (i) consummate certain permitted
acquisitions or (ii) pay the related transaction costs for certain
past acquisitions.  However, if the Borrower does not use such
Excess Loan Proceeds for a Permitted Purpose on or prior to
Oct. 31, 2015, then pursuant to the terms of the fourth amendment,
the Borrower must repay the Term Loan in the amount of the unused
Excess Loan Proceeds.  The fourth amendment contains customary
representations and warranties applicable to the Company and its
subsidiaries, including the Borrower.  

                      About Aurora Diagnostics

Headquartered in Palm Beach Gardens, Florida, Aurora Diagnostics
Holdings, LLC, through its subsidiaries, provides physician-based
general anatomic and clinical pathology, dermatopathology,
molecular diagnostic services and other esoteric testing services
to physicians, hospitals, clinical laboratories and surgery
centers.  The company recognized approximately $260 million in
revenue for the 12 months ended June 30, 2013.  The company is
majority owned by equity sponsors KRG Capital Partners and Summit
Partners.

Aurora Diagnostics reported a net loss of $55.4 million on $243
million of net revenue for the year ended Dec. 31, 2014, compared
to a net loss of $73 million on $248 million of net revenue for
the year ended Dec. 31, 2013.

As of June 30, 2015, the Company had $270.4 million in total
assets, $434.5 million in total liabilities and a members' deficit
of $164.1 million.

                             *   *   *

As reported by the Troubled Company Reporter on Sept. 27, 2013,
Moody's Investors Service downgraded Aurora's Corporate Family
Rating to Caa2 from B3 and Probability of Default Rating to Caa2-
PD from B3-PD.  Moody's also lowered the debt ratings of Aurora
Diagnostics Holdings, LLC's and Aurora Diagnostics, LLC
(collectively Aurora).  Concurrently, Moody's downgraded Aurora's
Speculative Grade Liquidity Rating to SGL-4 from SGL-3.  The
outlook for the ratings remains negative.

The downgrade of the ratings reflects Moody's expectation that the
company will see continued difficulty in mitigating a significant
decline in revenue and EBITDA.  This stems from a reduction in
Medicare reimbursement due to a decrease in rates and
sequestration, continued challenging volume growth trends and
threats of additional reimbursement reductions.  This will
negatively impact the company's credit metrics, constrain Aurora's
ability to repay debt and pressure the company's liquidity
position.  Moody's also has concerns about the sustainability of
the company's capital structure given its significant debt load
and related interest burden.

In the Aug. 7, 2014, edition of the TCR, Standard & Poor's Ratings
Services raised its corporate credit rating on Palm Beach Gardens,
Fla.-based anatomic pathology services provider Aurora Diagnostics
Holdings LLC to 'CCC+' from 'CCC'.  The outlook is stable.


AZUSA CITY: Moody's Affirms Ba2 Rating on 2003 Refunding COPs
-------------------------------------------------------------
Moody's Investors Service has affirmed the city of Azusa's (CA)
Issuer Rating at Baa1 and the city's 2003 Lease Revenue Refunding
Certificates of Participation rating at Ba2.  The outlook has been
changed to stable from negative.

SUMMARY RATING RATIONALE

The Baa1 issuer rating incorporates the city's growing property tax
base, improving economic profile, below-average socioeconomic
profile and improved yet still weak financial position.  The rating
also reflects the city's very low direct debt burden and moderate
pension and OPEB burdens.

The Baa1 issuer rating represents what the city's general
obligation (GO) rating would be if the city had such debt.  Under
California law, a city's GO pledge is an unlimited ad valorem
pledge of the city's tax base.  The city must raise property taxes
by whatever amount necessary to repay the obligation, irrespective
of its underlying financial position.

The Ba2 rating on the city's certificates of participation reflect
the less secure pledge for lease obligation payments and the
additional risk to bondholders from the city's financial,
operational and economic condition over the more secure GO pledge.
A lease pledge is a contractual obligation, on parity with a city's
other unsecured obligations, backed by all of the city's available
financial resources.

OUTLOOK

The stable outlook reflects the city's improved yet still very
modest reserve position, management's commitment to rebuilding
reserves, and improving economic trends.

WHAT COULD MAKE THE RATING GO UP

  Significantly improved and sustained financial position,
   including increased reserve and cash positions

  Sustained growth in AV and improved socioeconomic indicators

WHAT COULD MAKE THE RATING GO DOWN

  Sustained fiscal imbalance resulting in deterioration of
   reserves

  Negative operating cash flows leading to reliance on inter-fund
   and/or third-party resources

OBLIGOR PROFILE

The city is located in the greater Los Angeles metropolitan area,
25 miles northeast of Los Angeles city (Aa2/stable).  The city's
growth is tied to the greater Los Angeles metropolitan area.  The
city's employment base is fairly diverse and includes
aerospace-defense, higher education, local government, and retail.

LEGAL SECURITY

The COPs are lease-backed obligations, the payment of which is
conditioned only on continued use/occupancy of the leased asset.
The lease obligation is the city's Civic Center Complex and
associated land.  The debt service is secured by the city's
covenant to annually budget and appropriate lease payments from
legally available revenues.

USE OF PROCEEDS

Not applicable

RATING METHODOLOGY

The principal methodology used in the Issuer rating was US Local
Government General Obligation Debt published in January 2014.  The
principal methodology used in rating the Certificates of
Participation was The Fundamentals of Credit Analysis for
Lease-Backed Municipal Obligations published in December 2011.



BALMORAL RACING: Horse Races Face Cancellation
----------------------------------------------
Katy Stech, writing for The Wall Street Journal, reported that an
advocacy group within Illinois' horse-racing industry is fighting
to save live racing at the financially struggling Maywood Park
track for the rest of the year.

According to the report, the Illinois Harness Horseman's
Association is fighting a court battle against racetrack officials,
who are proposing to cancel harness horse races after Oct. 3,
arguing that the closure would unfairly force "an immediate
eviction" on more than 100 horses and about 50 people who live in
dorms at the track in Chicago's Melrose Park suburb.  In court
papers, Maywood Park officials told a bankruptcy judge that closing
early would save $165,000 in track maintenance costs, manure
removal, security and other operating costs, the report related.

                     About Balmoral Racing

Balmoral Racing Club, Inc., and Maywood Park Trotting Association,
Inc. operate pari-mutuel wagering at the Balmoral Park and Maywood
Park racetracks in Illinois under a license granted by the State
of
Illinois pursuant to the Illinois Horse Racing Act of 1975.

Balmoral Racing Club (Bankr. N.D. Ill. Case No. 14-45711) and
Maywood Park Trotting Association (Bankr. N.D. Ill. Case No.
14-45718) filed for Chapter 11 bankruptcy protection on Dec. 24,
2014, to continue operations into 2015 and protect themselves
against property seizure.  Both cases were consolidated on Dec.
31,
2014.

Alexander F Brougham, Esq., Chad H. Gettleman, Esq., and Nathan Q.
Rugg, Esq., at Adelman & Gettleman, Ltd., serve as the Debtors'
bankruptcy counsel.  

Neither a trustee nor a committee of unsecured creditors has been
appointed in the Chapter 11 Cases.


BATTLE CREEK: Creditor Seeks Dismissal of Ch. 11 Case
-----------------------------------------------------
Charles A. Orwick, III, Trustee of the Charles A. Orwick, III,
Trust of 2001, asks the United States Bankruptcy Court for the
Central District of California, San Fernando Valley Division, to
dismiss the Chapter 11 case of Battle Creek Conservation Ventures,
LLC.

The Trustee asserts that there is ample cause under Section 1112(b)
of the Bankruptcy Code to dismiss the Single Asset Real Estate
case, noting that there has been no plan of reorganization
proposed, the Debtor has failed to seek approval to employ an
appraiser or obtain an appraisal of the Real Property, and there is
no chance or reorganization of the Debtor.

In the alternative, the Trustee asks the Court convert the Debtor's
Chapter 11 case to a case under Chapter 7, whichever is in the best
interests of creditors and the estate, for cause.

The Debtor, in response, argued that there is no good cause for
dismissal or conversion of its Chapter 11 case, maintaining that
the estate has been properly managed and there is a strong
likelihood that the case will result in a feasible confirmed plan
for the benefit of all creditors and interested parties.

James R. Felton, the state court-appointed receiver for the Debtor,
stated, in support of the Debtor's objection, that "I do know that
there is enough evidence to suggest that an accounting needs to be
done so that the Receivership estate can determine who invested
what."

The Debtor is represented by:

         Yi Sun Kim, Esq.
         GREENBER & BASS LLP
         16000 Ventura Blvd, Suite 1000
         Encino, California 91436
         Tel: (818) 382-6200
         Fax: (818) 986-6534
         Email: ykim@greenbass.com

Trustee of the Charles A. Orwick, III, Trust of 2001, is
represented by:

          Andrew Brian Reisinger, Esq.
          Walter R. Dahl,
          DAHL LAW, ATTORNEYS AT LAW
          2304 "N" Street
          Sacramento, CA 95816-5716
          Tel: (916) 446-8800
          Fax: (916) 741-3346
          Email: wdahl@dahllaw.net
                 abreisinger@dahllaw.net

             -- and --

          Joshua J. Divine, Esq.
          REESE SMALLEY WISEMAN & SCHWEITZER
          1265 Willis Street
          Redding, CA 96001
          Tel: (530) 241-1611
          Fax: (530) 241-5106
          Email: josh.divine@rswslaw.com

                About Battle Creek Conservation

Battle Creek Conservation Ventures, LLC, commenced a Chapter 11
bankruptcy case (Bankr. C.D. Cal. Case No. 15-11683) on May 13,
2015.  Judge Maureen Tighe presides over the case.

The Debtor estimated assets of $11 million and total liabilities of
$9.3 million.


BEAR ISLAND: First Amended Plan Declared Effective July 28
----------------------------------------------------------
Bear Island Paper Co LLC, nka Estate BIPCO LLC, notified the U.S.
Bankruptcy Court for the Eastern District of Virginia that its
first amended Chapter 11 plan of liquidation became effective as of
July 28, 2015.

As reported in the Troubled Company Reporter on June 10, 2015, the
Hon. Keith L. Phillips confirmed the Debtor's first amended Chapter
11 plan.

The Court approved on Oct. 7, 2011, the Debtor's Disclosure
Statement which, among other things, authorized the Debtor to
solicit votes on the Plan.

On Feb. 24, 2015, the Debtor, the Canadian Debtors and BD White
Birch Investment LLC, as the purchaser of assets, executed an
estate allocation compromise and settlement agreement which fully
and consensually resolves each of the estate allocation issues.
The Debtor sought approval of the estate allocation settlement
agreement at the confirmation hearing contemporaneously with
confirmation of the Amended Plan.

The Amended Plan dated March 31, 2015, contains modifications
that,
among other things, reflect the outcome of the estate allocation
issues.

The Bankruptcy Court's entry of the confirmation order will
constitute the Bankruptcy Court's approval of the estate
allocation
settlement agreement and the estate allocation.  The Debtor's
portion of the estate allocation (i) vested in the Debtor at sale
closing date; and (ii) will vest in Liquidating BIPCo on the
Effective Date.

As of the Effective Date, the Wind Down Creditors' Committee, on
behalf of Liquidating BIPCo, will retain the Plan Administrator.
The Plan Administrator will be responsible for implementing the
liquidation and Wind Down contemplated by this Plan, including
monetizing or abandoning any assets, resolving all claims, and
distributing cash pursuant to the Plan, pursuing, settling or
abandoning all remaining causes of action delegated to the Plan
Administrator by the Wind Down Creditors' Committee or otherwise
vested in the Debtor's Estate, and causing Liquidating BIPCo to
comply with the ASA, in each case in accordance with this Plan,
the
Plan Administrator Agreement, the Wind Down Budget, and the
Administrative Fund Procedures.

A full-text copy of the Debtor's first amended plan is available
for free at http://is.gd/Y0GX3O

A full-text copy of the Debtor's disclosure statement explaining
the plan is available for free at http://is.gd/K7UVzN

                        About Bear Island

Canada-based White Birch Paper Company was the second largest
newsprint producer in North America.  As of Dec. 31, 2009, the
White Birch Group held a 12% share of the North American newsprint
market and employed roughly 1,300 individuals (the majority of
which reside in Canada).  Bear Island Paper Company, L.L.C., is a
U.S.-based unit of White Birch.

Bear Island filed a voluntary petition for relief under Chapter 11
of the Bankruptcy Code (Bankr. E.D. Va. Case No. 10-31202) on Feb.
24, 2010.  At June 30, 2011, the Company had $141.9 million in
total assets, $153.2 million in total liabilities, and a
stockholders' deficit of $11.3 million.

White Birch filed for bankruptcy protection under Canada's
Companies' Creditors Arrangement Act, before the Superior Court for
the Province of Quebec, Commercial Division, Judicial District of
Montreal, Canada.  White Birch and five other affiliates F.F. Soucy
Limited Partnership; F.F. Soucy, Inc. & Partners, Limited
Partnership; Papier Masson Ltee; Stadacona Limited Partnership; and
Stadacona General Partner, Inc. -- also sought bankruptcy
protection under Chapter 15 of the U.S. Bankruptcy Code (Bankr.
E.D. Va. Case No. 10-31234). Jonathan L. Hauser, Esq., at Troutman
Sanders LLP, in Virginia Beach, Virginia Beach, serves as counsel
to White Birch in the Chapter 11 case.

Richard M. Cieri, Esq., Christopher J. Marcus, Esq., and Michael
A.
Cohen, Esq., at Kirkland & Ellis LLP, in New York, serve as
counsel
to Bear Island.  Jonathan L. Hauser, Esq., at Troutman Sanders
LLP,
in Virginia Beach, Virginia, serve as co-counsel to Bear Island.

AlixPartners LLP serves as financial and restructuring advisors to
Bear Island, and Lazard Freres & Co., serves as investment banker.
Garden City Group is the claims and notice agent.  Jason William
Harbour, Esq., at Hunton & Williams LLP, in Richmond, Virginia,
represents the Official Committee of Unsecured Creditors.

Chief Judge Douglas O. Tice, Jr., was initially assigned to handle
the Chapter 11 and Chapter 15 cases.  He retired from the court on
June 30, 2013.

Bear Island was authorized by the bankruptcy judge in November
2010
to sell the business to a group consisting of Black Diamond
Capital
Management LLC, Credit Suisse Group AG and Caspian Capital
Advisors
LLC.  The sale closed in September 2012.

The caption for Bear Island's case was changed to "Estate BIPCO,
LLC" as required by the asset sale agreement.

Under a plan proposed for Bear Island, first- and second-lien
creditors with $424.9 million and $105.1 million in claims,
respectively, are expected to recover between 0.5 percent and 4
percent.  Unsecured creditors with $1.4 million in claims are to
receive the same dividend.

In June 2015, the Troubled Company Reporter said the Hon. Keith L.
Phillips, who took over from Judge Tice, confirmed the first
amended Chapter 11 plan of liquidation filed by Estate BIPCO.


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.


BIRMINGHAM COAL: Files Clawback Suit Against Computershare
----------------------------------------------------------
Birmingham Coal & Coke Company, Inc., et al., filed an adversary
complaint against Computershare Trust Company of Canada seeking
authority from the United States Bankruptcy Court for the Northern
District of Alabama Southern Division to: (a) avoid leasehold
mortgages and junior equipment liens as fraudulent transfers under
Sections 544 and 548 of the Bankruptcy Code; and (b) avoid junior
equipment liens as preferential transfers under Sections 547 and
550.

The Debtors explain that their intention is to avoid and recover
all transfers made to and for the benefit of Computershare.  The
Debtor reserves the right to amend its original complaint to
include (i) further  information regarding the transfers; (ii)
additional transfers; (iii) modifications of and/or revision of the
Computershare's name; (iv) additional defendants and (v) additional
causes of action.

The Debtors are represented by:

          C. Ellis Brazeal III,  Esq.
          JONES WALKER LLP
          1819 5th Avenue North
          Birmingham, Alabama 35203
          Tel: (205) 244-5237
          Fax: (205) 244-5400
          Email: ebrazeal@joneswalker.com

             -- and --

         Mark A. Mintz, P.C., Esq.
         Laura A. Ashley, P.C., Esq.
         JONES WALKER LLP
         201 St. Charles Ave. Suite 5100
         New Orleans, LA 70170
         Tel: (504) 582-8000
         Fax: (504) 582-8011
         Email: mmintz@joneswalker.com
                lashley@joneswalker.com

                    About Birmingham Coal

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

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

The Debtors tapped Jones Walker LLP as counsel.

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


BIRMINGHAM COAL: Needs Until Dec. 23 to Remove Actions
------------------------------------------------------
Birmingham Coal & Coke Company, Inc., et al., asks the United
States Bankruptcy Court for the Northern District of Alabama,
Southern Division, to extend period within which they may remove
actions under 28 U.S.C. section 1452 up to and including December
23, 2015.

The Debtors explain that since the Petition Date, they and their
professionals have devoted a significant amount of time and effort
ensuring a smooth transition of the their operations into Chapter
11.  The requested extension of time will allow the them to make
reasoned decisions concerning the Actions and the relative
importance of each to restructuring, the Debtors add.

The Debtors are represented by:

          C. Ellis Brazeal III,  Esq.
          JONES WALKER LLP
          1819 5th Avenue North
          Birmingham, Alabama 35203
          Tel: (205) 244-5237
          Fax: (205) 244-5400
          Email: ebrazeal@joneswalker.com

             -- and --

         Mark A. Mintz, P.C., Esq.
         Laura A. Ashley, P.C., Esq.
         JONES WALKER LLP
         201 St. Charles Ave. Suite 5100
         New Orleans, LA 70170
         Tel: (504) 582-8000
         Fax: (504) 582-8011
         Email: mmintz@joneswalker.com
                lashley@joneswalker.com

                    About Birmingham Coal

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

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

The Debtors tapped Jones Walker LLP as counsel.

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


BULLION DIRECT: Committee Taps Dykema Cox as Attorney
-----------------------------------------------------
The Official Committee of Unsecured Creditors for Bullion Direct
Inc. asks the U.S. Bankruptcy Court for the Western District of
Texas for permission to retain Dykema Cox Smith as its attorney.

The firm will provide legal services as follows:

a) Monitor the chapter 11 case;

b) Investigate estate causes of action;

c) Evaluate estate assets and sale processes;

d) Communicate with creditors;

e) Ensure the fairness and efficiency of chapter 11 processes such
as claims reconciliation and plan formulation and confirmation;
and

f) Assist the Committee with its other duties under Section 1103(c)
of the
Bankruptcy Code.

The primary attorneys within Dykema who will represent the
Committee are:

   Jesse Moore, Esq.       Senior Attorney    $335
   Travis Plummer, Esq.    Associate          $280
   Paralegal                                  $180

The Committee 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:

   Jesse T. Moore, Esq.
   Dykema Cox Smith
   111 Congress Ave., Suite 1800
   Austin, Texas 78701
   Fax: (512) 703-6399
   Tel: (512) 703-6325
   Email: jmoore@dykema.com

                          About BullionDirect

BullionDirect, Inc. filed a Chapter 11 bankruptcy petition (Bankr.
W.D. Tex. Case No. 15-10940) on July 20, 2015.  Dan Bensimon signed
the petition as president.  The Debtor disclosed total assets of
$48,107 and total liabilities of $16,955,330 as of the Chapter 11
filing.  Joseph D. Martinec, Esq., at Martinec, Winn & Vickers,
P.C., represents the Debtor as counsel.  Judge Tony M. Davis
presides over the case.

The U.S. Trustee for Region 7 appointed three creditors to serve on
an official committee of unsecured creditors.


BULLIONDIRECT INC: Amends Schedules of Assets and Liabilities
-------------------------------------------------------------
BullionDirect Inc. filed with the U.S. Bankruptcy Court for the
Western District of Texas an amended schedules of assets and
liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                        $0
  B. Personal Property              $486,107
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                                   $16,353
  E. Creditors Holding
     Unsecured Priority
     Claims                                               $52
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                       $24,231,140
                                 -----------      -----------
        Total                       $486,107      $24,247,546      
                            

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

                          About BullionDirect

BullionDirect, Inc. filed a Chapter 11 bankruptcy petition (Bankr.
W.D. Tex. Case No. 15-10940) on July 20, 2015.  Dan Bensimon
signed
the petition as president.  The Debtor disclosed total assets of
$48,107 and total liabilities of $16,955,330 as of the Chapter 11
filing.  Joseph D. Martinec, Esq., at Martinec, Winn & Vickers,
P.C., represents the Debtor as counsel.  Judge Tony M. Davis
presides over the case.

The U.S. Trustee for Region 7 appointed creditors to serve on an
official committee of unsecured creditors.


CAESARS ENTERTAINMENT: Second Lien Bond RSA Expires
---------------------------------------------------
The Restructuring Support and Forbearance Agreement, dated as of
July 20, 2015, among Caesars Entertainment Corporation, Caesars
Entertainment Operating Company, Inc., a majority owned subsidiary
of CEC, and holders of a significant amount of claims in respect of
CEOC's 12.75% Second-Priority Senior Secured Notes due 2018, 10.00%
Second-Priority Senior Secured Notes due 2018 and 10.00%
Second-Priority Senior Secured Notes due 2015, expired pursuant to
its terms, on Sept. 18, 2015, and did not become effective.

Although CEC and CEOC were in discussions with holders of the
Second Lien Bond Claims to extend the Second Lien Bond RSA, the
parties could not agree upon terms for the extension, according to
a regulatory filing with the Securities and Exchange Commission.

Notwithstanding the expiration of the Second Lien Bond RSA, CEC and
CEOC will continue to engage in discussions with junior creditors
on the terms of a consensual plan of reorganization for CEOC.  The
expiration of the Second Lien Bond RSA does not affect the
restructuring support and forbearance agreements that CEC and CEOC
have entered into with CEOC's first lien noteholders and bank
lenders.

                    About Caesars Entertainment

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

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

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

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

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

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

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

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

                         *     *     *

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

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


CAL DIVE: Gets Green Light to Sell Vessel to Uncle John Holding
---------------------------------------------------------------
An affiliate of Cal Dive International Inc. won court approval to
sell a vessels it owns to Uncle John Holding LLC.

U.S. Bankruptcy Judge Christopher Sontchi allowed Cal Dive Offshore
Contractors Inc. to sell the Bahamas-flagged vessel Uncle John to
the company.

Uncle John Holding emerged as the winning bidder at a bankruptcy
auction held on Sept. 2.  It offered $1.365 million for the vessel,
beating out rival bidder Marine Environmental Remediation Group
LLC, which offered $650,000.

The vessel will be sold to Marine Environmental, the court-approved
"back-up bidder," in case Cal Dive's sale transaction with Uncle
John Holding falls through, according to court filings.

C-MAR America Inc. had earlier expressed its opposition to the
sale, saying none of the documents executed by Cal Dive contains a
provision to account for maritime liens.  The company said it holds
a secured claim in the form of a maritime lien on the vessel.

                          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.


CASA EN DENVER: Oct. 15 Hearing on Bid to Use Cash Collateral
-------------------------------------------------------------
U.S. Bankruptcy Judge Robert Mark is set to hold a hearing on Oct.
15 to consider final approval of the request of Casa en Denver Inc.
and Casa Media Partners LLC to use the cash collateral of Bank of
Commerce.

Casa Media Partners, LLC, and Casa en Denver, Inc., commenced
Chapter 11 bankruptcy cases (Bankr. S.D. Fla. Case Nos. 15-16741
and 15-16746) in Miami, Florida on April 15, 2015.  The petition
was signed by Juan Salvador Gonzalez, the chief financial officer.
Judge Hon. Robert A Mark presides over the cases.  The Debtors are
represented by Kristopher Aungst, Esq., at Tripp Scott, P.A., as
their counsel.  According to the docket, the deadline to file
claims for governmental units is on Oct. 13, 2015.


CERTENEJAS INCORPORADO: Case Summary & 7 Top Unsecured Creditors
----------------------------------------------------------------
Debtor: Certenejas Incorporado
        PO Box 1753
        CIDRA, PR 00739

Case No.: 15-07313

Nature of Business: Short-term guest house

Chapter 11 Petition Date: September 22, 2015

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


Debtor's Counsel: Charles Alfred Cuprill, Esq.
                  CHARLES A CUPRILL, PSC LAW OFFICES
                  356 Calle Fortaleza, Second Floor
                  San Juan, PR 00901
                  Tel: 787 977-0515
                  Email: cacuprill@cuprill.com

Total Assets: $4.6 million

Total Liabilities: $4.8 million

The petition was signed by Luis J. Meaux Vazquez, president.

A list of the Debtor's seven largest unsecured creditors is
available for free at http://bankrupt.com/misc/prb15-07313.pdf


CHINA CERAMICS: Receives Nasdaq Listing Non-Compliance Notice
-------------------------------------------------------------
China Ceramics Co., Ltd., a Chinese manufacturer of ceramic tiles
used for exterior siding and for interior flooring and design in
residential and commercial buildings, on Sept. 22 disclosed that on
September 21, 2015, it received a written notice from the Listing
Qualifications department of The Nasdaq Stock Market indicating
that the Company is not in compliance with the minimum bid price
requirement of $1.00 set forth in Nasdaq Listing Rule 5450(a)(1)
for continued listing on the Nasdaq Global Market.

The Nasdaq Listing Rules require listed securities to maintain a
minimum bid price of $1.00 per share and, based upon the closing
bid price for the 30 consecutive days ended September 17, 2015, the
Company did not meet this requirement.  China Ceramics has been
provided a 180 day period in which to regain compliance.  During
this period, the closing bid price of the Company's ordinary shares
must be at least $1.00 for a minimum of ten consecutive business
days to regain compliance.  In addition, following the initial 180
day period, China Ceramics may be eligible for an additional 180
day period to regain compliance after review by the Nasdaq Staff.

The notification letter has no effect on the listing of the
Company's ordinary shares at this time and the shares will continue
to trade on the Nasdaq Global Market under the ticker "CCCL".

                  About China Ceramics Co., Ltd.

China Ceramics Co., Ltd. -- http://www.cceramics.com/-- is a
manufacturer of ceramic tiles in China.  The Company's ceramic
tiles are used for exterior siding, interior flooring, and design
in residential and commercial buildings.  China Ceramics' products,
sold under the "Hengda" or "HD", "Hengdeli" or "HDL", the "TOERTO"
and "WULIQIAO" brands, and the "Pottery Capital of Tang Dynasty"
brands, are available in over 2,000 style, color and size
combinations and are distributed through a network of exclusive
distributors as well as directly to large property developers.








CONGREGATION BIRCHOS: Hires Carlebach as Legal Counsel
------------------------------------------------------
Congregation Birchos Yosef received court approval to hire the Law
Offices of David Carlebach, Esq.

The order, issued by U.S. Bankruptcy Judge Robert Drain, allowed
Congregation Birchos to hire the firm to replace Pick & Zabicki LLP
as its legal counsel.

Judge Drain approved the hiring of Pick & Zabicki in May this year,
court filings show.  

As legal counsel, Carlebach will provide Congregation Birchos with
legal advice about its powers and duties as a debtor-in-possession
in the continued management of its property during its bankruptcy.


The New York-based firm will also prepare legal documents and will
help formulate and negotiate a plan of reorganization with
Congregation Birchos' creditors.

Congregation Birchos will pay Carlebach on an hourly basis and will
reimburse the firm for work-related expenses.  The hourly rates
range from $400 to $550 for partners; $300 to $350 for associates;
and $150 to $250 for paralegals.

David Carlebach, Esq., disclosed in a court filing that he does not
have interest adverse to Congregation Birchos' estate, and that he
is a "disinterested party" within the meaning of section 101(14) of
the Bankruptcy Code.

Mr. Carlebach can be reached at:

     Law Offices of David Carlebach, Esq.
     55 Broadway
     Suite 1902
     New York, NY 10006
     Tel: (212) 785-3041
     Fax: (646) 355-1916
     E-mail: david@carlebachlaw.com

             About Congregation Birchos Yosef

Congregation Birchos Yosef is a religious corporation which was
formed on Jan. 16, 1985 for the purposes of creating and
maintaining a "House of Worship" in accordance with the traditions
of the Hebrew faith and to serve and advance the affairs of the
surrounding community under the leadership of the Grand Rebbe of
Nikolsburg.  Its principal office is located at 201 Route 306,
Monsey, New York.  It has real properties located in Spring Valley
and Monsey, New York.

Congregation Birchos Yosef sought bankruptcy protection (Bankr.
S.D.N.Y. Case No. 15-22254) in White Plains, New York, on Feb. 26,
2015.  Breindy Lebovits signed the petition as vice-president. The
Debtor estimated assets and debt of $10 million to $50 million.


CORPORATE RESOURCE: Consents to Case Trustee Appointment
--------------------------------------------------------
Matt Chiappardi at Bankruptcy Law360 reported that Corporate
Resource Services Inc., which said it sought bankruptcy protection
after learning a closely tied payroll company didn't remit money to
taxing authorities, consented to the U.S. Trustee Office's request
that a Chapter 11 trustee oversee its case, but slammed the notion
it was "grossly mismanaged."

In a motion before the U.S. Bankruptcy Court for the Southern
District of New York, CRS said it has been discussing the
possibility of a Chapter 11 trustee with the watchdog since its
case began in July.

                       About Corporate Resource

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

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

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

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

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


COTY INC: Moody's Assigns Ba1 Corp. Family Rating, Outlook Stable
-----------------------------------------------------------------
Moody's Investors Service assigned a Ba1 Corporate Family Rating
and Ba2-PD Probability of Default Rating (PDR) to Coty Inc. and
provisional (P)Ba1 ratings on its proposed senior secured credit
facilities.  Also, in conjunction with Coty's merger with a portion
of Procter & Gamble's ("P&G") Beauty business, Moody's assigned a
provisional (P)Ba1 rating on Beauty business NewCo's proposed
senior secured credit facilities. The ratings reflect Moody's
assumption that the transaction will close as proposed in June 2016
and that all $8.5 billion of credit facilities will benefit from
cross guarantees of both Coty and Beauty Business Newco.  Should
the transaction not close as anticipated, or the structure or
financing profile change, ratings could change.  Coty plans to
utilize $4.0 billion of net proceeds to refinance its existing debt
and $4.5 billion to partially pay for the acquisition of P&G's
Beauty business.  The rating outlook is stable.

These ratings were assigned:

Coty Inc.:

  Corporate Family Rating at Ba1
  Probability of Default Rating at Ba2-PD
  $1.5 Billion Senior Secured Bank Credit Revolver at (P)Ba1
   (LGD 2)
  $1.5 Billion Senior Secured Bank Term Loan A at (P)Ba1 (LGD 2)
  $500 Million Senior Secured Bank Term Loan B at (P)Ba1 (LGD 2)
  EURO [500 Equivalent of $500 mm] Million Senior Secured Bank
   Term Loan B at (P)Ba1 (LGD 2)
  Speculative Grade Liquidity Rating at SGL-1

Beauty Business NewCo:

  $1.5 Billion Senior Secured Bank Credit Revolver at (P)Ba1
   (LGD 2)
  $2.0 Billion Senior Secured Bank Term Loan A at (P)Ba1 (LGD 2)
  $1.0 Billion Senior Secured Bank Term Loan B at (P)Ba1 (LGD 2)

The rating outlook is stable

All ratings assigned are subject to Moody's review of final closing
documents.

Moody's has evaluated Coty on an enterprise basis, and has assumed
that the acquisition of P&G's Beauty business closes as currently
envisioned.  Coty's Ba1 Corporate Family Rating (CFR) reflects the
company's large pro-forma scale, a portfolio of strong brands, and
good product diversification tempered by moderate leverage, event
risk and growth challenges.  Coty's concentration in fragrance and
color cosmetics creates cyclical exposure to discretionary consumer
spending and requires continual product and brand investment to
minimize revenue volatility as these categories tend to be more
fashion driven than other beauty products.  The acquisition of PG
Beauty business via a reverse Morris Trust bears execution risk as
it will effectively double Coty's size, though Moody's notes that
the P&G Beauty brands will add significant scale and diversity and
enhance Coty's global footprint.  Coty is nevertheless more
concentrated than its primary competitors in mature developed
markets, and this creates growth challenges and investment needs to
more fully build its global distribution capabilities and brand
presence.  Moody's expects that Coty will generate modest revenue
and EBITDA growth in the next twelve to eighteen months and will
benefit from cost restructuring initiatives announced in 2014.

The stable rating outlook reflects Moody's view that Coty will
continue to grow revenue and generate a healthy level of cash flow.
Moody's expects low single digits growth in North America and
Europe and that sales in Asia Pacific and other developing markets
will continue to grow faster.  The rating agency also expects share
repurchases to be funded from additional debt and free cash flow,
and do not expect significant debt-funded acquisitions.

An upgrade could be considered if Coty sustains solid organic
growth.  Coty would also need to maintain conservative financial
policies, including debt-to-EBITDA below 3.0x, and maintain good
liquidity.  Coty would also need to show commitment to an
investment grade rating.

The rating could be downgraded if operating performance or margins
deteriorate meaningfully, or if there are difficulties with
post-merger restructuring efforts.  A downgrade could also occur if
there is a deterioration in cash flow or liquidity, or if
debt/EBITDA is sustained above 4x.  Aggressive shareholder friendly
actions could also contribute to a downgrade.

The principal methodology used in rating Coty was Global Packaged
Goods published in June 2013.

Coty Inc., headquartered in New York, NY, is one of the leading
manufacturers and marketers of fragrance, color cosmetics, and skin
and body care products.  The company's products are sold in over
130 countries.  Coty announced the $12.5 billion acquisition of the
Procter & Gamble's Beauty business on July 9th, 2015 and expects to
close the transaction in the second half of 2016.



CPI HOLDINGS: Moody's Affirms 'B1' CFR, Outlook Positive
--------------------------------------------------------
Moody's Investors Service affirmed the B1 corporate family rating
and B1-PD probability of default rating of CPI Holdings I, Inc.
following the announcement that it will commence an initial public
offering ("IPO").  Moody's also affirmed the B1 ratings on the $435
million senior secured term loan and $40 million senior secured
revolver of CPI Acquisition, Inc., the debt issuing subsidiary of
CPI.  The rating outlook was revised to positive from stable.

CPI plans to use $115 million of net proceeds from the IPO to repay
debt.  Upon completion of the IPO (including the underwriter's
exercise of the over allotment of shares), CPI will have a public
float of about 40% with Tricor Pacific Capital and its affiliates
owning 50.1% of the company.

RATINGS RATIONALE

The B1 rating and positive outlook reflects Moody's expectation
that CPI will remain committed to debt reduction.  With the
repayment of debt using IPO proceeds, adjusted debt to EBITDA will
decrease to below 4 times by the end of 2015 from over 5 times for
the LTM period.  Leverage will likely improve to the low 3 times by
the end of 2016 as Moody's projects annual EBITDA of over $100
million.  Leverage will further drop if CPI uses excess cash flow
over the upcoming year to repay debt.

Moody's expects CPI to generate over double digit revenue growth
with operating margins of around 20% over the next several years as
the company capitalizes on the conversion to EMV cards from
magnetic stripe cards in the US.  Effective October 1, 2015, U.S.
banks and merchants will be subject to the card networks' liability
shift in the U.S. for domestic and cross-border counterfeit
transactions, whereby the party that doesn't support the use of
chip-on-chip credit or debit cards will assume liability for
card-present counterfeit card fraud losses.

Moody's expects margin expansion to be driven by high revenue
growth and operating leverage from investments already made in
advance of the market's conversion to EMV cards.  The replacement
chip cards will generate more revenue and profits per card than the
traditional magnetic cards.  Moody's also expects CPI to maintain
good liquidity over the next year, with cash balances over $10
million and solid free cash flow of at least $40 million.

The ratings could be upgraded if it becomes apparent that CPI will
generate organic revenue growth of over 15% with EBITDA margins
over 25%, reduce adjusted debt to EBITDA to the low 3x on a
sustained basis, and produce strong cash flows such that FCF to
gross debt exceeds 10% for an extended period of time.

Rating Affirmations:

Issuer: CPI Holdings I, Inc.
  Corporate Family Rating, B1
  Probability of Default Rating, B1-PD

Issuer: CPI Acquisition, Inc.
  Senior Secured Term Loan due 2022, B1 (LGD3)
  Senior Secured Revolving Credit Facility due 2020, B1 (LGD3)

Outlook Actions:

Issuer(s): CPI Holdings I, Inc./CPI Acquisition, Inc.
  Outlook, Revised to Positive from Stable

CPI is a provider of financial payment cards and card services to
U.S. card issuing banks and prepaid debit card program managers.

The principal methodology used in these ratings was Business and
Consumer Services Industry published in December 2014.



CREATIVE ARTISTS: Moody's Retains B2 CFR Over $75MM Add-On
----------------------------------------------------------
Moody's says Creative Artists Agency, LLC's (CAA) $75 million first
lien term loan add on and $25 million revolver upsize to $125
million will not impact the B2 corporate family rating or the B2
rating on the credit facility.  The outlook remains stable.  The
proceeds are expected to be used to paydown the outstanding balance
on the revolver and add cash to the balance sheet.  The term loan
add on is expected to be fungible with the existing term loan.


CRP-2 HOLDINGS: Amends Schedule of Unsecured Nonpriority Claims
---------------------------------------------------------------
CRP-2 Holdings AA, LP amended Schedule F, which contains the names
of creditors holding unsecured nonpriority claims, to add Rescar
Inc. and Village of Downers Grove.

Rescar holds a $123,942 claim against the company while the other
creditor holds a $1,961 claim, according to the court filing.

                       About CRP-2 Holdings

CRP-2 Holdings AA, L.P., a Delaware limited partnership that was
formed in May of 2006 for the primary purpose of acquiring and
managing real property, filed a Chapter 11 bankruptcy petition
(Bankr. N.D. Ill. Case No. 15-24683) on July 21, 2015.  Neil
Waisnor signed the petition as vice president.  FrankGecker LLP
serves as the Debtor's counsel.  The Debtor disclosed total assets
of $171,349,208 and total liabilities of $166,637,095.  Judge
Donald R. Cassling is assigned to the case.

The U.S. Trustee appointed two creditors to serve on the official
committee of unsecured creditors.


CRP-2 HOLDINGS: US Trustee Amends Members of Unsec. Committee
-------------------------------------------------------------
Patrick S. Layng, the U.S. trustee overseeing the Chapter 11 case
of CRP-2 Holdings AA LP, amended the members of the official
committee of unsecured creditors in the Debtor's bankruptcy case.

The new members of the Committee are:

     (1) Phil Stafford
         Colliers International Asset and Property
         6250 N. River Rd., Ste. 11-100
         Rosemont, IL 60018

     (2) Denise Starkey
         OnX Managed Services, In.
         2200 Cabot Dr., Ste. 450
         Lisle, IL 60532

     (3) John Rowley
         Harvard Maintenance Inc.
         59 Maiden Lane, 17th Floor
         New York, NY 10038
         Tel: 212-730-0001
         Fax: 212-269-2474

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

                       About CRP-2 Holdings

CRP-2 Holdings AA, L.P., a Delaware limited partnership that was
formed in May of 2006 for the primary purpose of acquiring and
managing real property, filed a Chapter 11 bankruptcy petition
(Bankr. N.D. Ill. Case No. 15-24683) on July 21, 2015.  Neil
Waisnor signed the petition as vice president.  FrankGecker LLP
serves as the Debtor's counsel.  The Debtor disclosed total assets
of $171,349,208 and total liabilities of $166,637,095.  Judge
Donald R. Cassling is assigned to the case.

The U.S. Trustee appointed creditors to serve on the official
committee of unsecured creditors.


CURTIS JAMES JACKSON: Sues Former Consultant Over TV Deals
----------------------------------------------------------
The Associated Press reported that rapper 50 Cent, whose real name
is Curtis James Jackson III, has filed a lawsuit in U.S. Bankruptcy
Court against a former consultant, alleging the man improperly
acted as his agent, collecting fees in advance for projects without
the rapper's permission.

According to the report, the filing seeks at least $810,000 from
Andrew Jameson, who 50 Cent's lawyers say improperly negotiated
deals on his behalf, including one for a reality show with E!
Entertainment.  50 Cent is also seeking an accounting from Jameson
of any other deals, the report related.

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


DASEKE INC: S&P Withdraws 'B+' Corporate Credit Rating
------------------------------------------------------
Standard & Poor's Ratings Services said that it has withdrawn all
of its ratings on Daseke Inc., including S&P's 'B+' corporate
credit rating, at the issuer's request.

At the same time, S&P withdrew its 'B+' issue-level rating on the
company's previously proposed senior secured term loan B.  Daseke
had previously announced that it was planning to issue a new $250
million senior secured term loan B to refinance its debt and
partially finance future acquisitions, however, the company has
decided not to pursue the transaction.



DVORKIN HOLDINGS: FirstMerit Wants Stay of Payouts Further Extended
-------------------------------------------------------------------
FirstMerit Bank, N.A., asks the U.S. Bankruptcy Court for the
Northern District of Illinois, Eastern Division, for an extension
of the limited stay until Sept. 25, 2015 of the distributions to
equity holders pursuant to the debtor Dvorkin Holdings' confirmed
plan.

FirstMerit filed its Emergency Motion for Limited Stay Pending
Appeal, wherein it requested entry of an order staying any
distributions to or retention of assets by Equity Interest Holders
Under the Joint Amended Chapter 11 Plan of Reorganization until
adjudication of its appeal of the Court's Order Confirming the
Chapter 11 Plan.  The joint amended Chapter 11 plan was filed by
the Chapter 11 Trustee of the Debtor's estate and Francine Dvorkin,
Beverly Dvorkin and/or Aaron Dvorkin (collectively, the "Equity
Interest Holders").

Before the Stay Motion could be heard, FirstMerit reached an
agreement with the Chapter 11 Trustee and the Equity Interest
Holders as to an agreed order granting the Stay Motion on an
interim basis to facilitate settlement discussions among the
parties.

On July 2, 2015, Judge Eugene R. Wedoff entered an Order granting
the Stay Motion on an interim basis for 45 days (the "First Agreed
Stay Order").  Following the First Agreed Stay Order, the parties
continued settlement discussions and again reached an agreement
with the Chapter 11 Trustee and the Equity Interest Holders as to
an agreed order further granting the Stay Motion through and until
the next status conference.  The parties agreed in their Agreed
Order, as submitted to the Court, that the Stay Motion would be
granted on an interim basis until Sept. 16, 2015, and that a status
conference would be held on the same Sept. 16, 2015 date. On Sept.
3, 2015 the Court entered an Order granting the Stay Motion on an
additional interim basis (the "Second Agreed Stay Order").

Forrest B. Lammiman, Esq., at Meltzer, Purtill & Stelle LLC, in
Chicago, Illinois, relates that in entering the parties' agreed
order, the Court changed the Second Agreed Stay Order to reflect
the next status conference before Judge Cox as being September 17,
2015, but inadvertently did not change the Order to reflect an
extension of the stay through the same date.  Instead, he further
relates, the stay was extended only through Sept. 16, 2015.

Mr. Lammiman tells the Court that because the parties' settlement
discussions continue, and FirstMerit hopes to reach a final
resolution in the coming days, FirstMerit seeks the entry of an
order to further extend the Second Agreed Stay Order until and
including Sept. 25, 2015.

FirstMerit Bank is represented by:

          Forrest B. Lammiman, Esq.
          Steven R. Rogovin, Esq.
          MELTZER, PURTILL & STELLE LLC
          300 South Wacker Drive, Suite 2300
          Chicago, IL 60606
          Telephone: (312)987-9900
          Facsimile: (312)987-9854
          E-mail: flammiman@mpslaw.com
                 srogovin@mpslaw.com

                      About Dvorkin Holdings

Dvorkin Holdings, LLC, is a real estate holding company that
possesses or possessed ownership interests in 70 real properties,
either directly or indirectly through limited liability companies
or land trusts.  Dvorkin Holdings has interests in 40 non-debtor
entities.

Dvorkin Holdings filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 12-31336) in Chicago on Aug. 7, 2012.  The Debtor
disclosed $69.9 million in assets and $9.30 million in liabilities
as of the Chapter 11 filing.  Michael J. Davis, Esq., at Archer
Bay, P.A., in Lisle, Ill., serves as counsel to the Debtor.  The
petition was signed by Loran Eatman, vice president of DH-EK
Management Corp.

The Bankruptcy Court in October 2012 granted the request of
Patrick S. Layng, the U.S. Trustee for the Northern District of
Illinois, to appoint Gus Paloian as the Chapter 11 Trustee.

Seyfarth Shaw, LLP, represents the Chapter 11 Trustee as counsel.
Carpenter Lipps & Leland LLP represents the Chapter 11 Trustee as
conflicts counsel.

On March 16, 2015, the Clerk of the Court reassigned the case to
U.S. Bankruptcy Judge Jacqueline P. Cox.



EAGLE INC: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------
Debtor: Eagle, Inc.
        1100 Poydras Street, Suite 2900
        PMB 117
        New Orleans, LA 70163

Case No.: 15-12437

Type of Business: Eagle's business primarily consisted of the sale
                  of gaskets and the sale and installation of
                  insulation and insulation-related products, many
                  of which contained asbestos.

Chapter 11 Petition Date: September 22, 2015

Court: United States Bankruptcy Court
       Eastern District of Louisiana (New Orleans)

Judge: Hon. Jerry A. Brown

Debtor's         James L. Patton, Esq.
Bankruptcy       Edwin J. Harron, Esq.
Counsel:         YOUNG CONAWAY STARGATT & TAYLOR, LLP
                 Rodney Square
                 1000 North King Street
                 Wilmington, DE 19801
                 Tel: (302) 571-6600
                 Email: jpatton@ycst.com
                        eharron@ycst.com


Debtor's Local   Stephen H. Kupperman, Esq.
Counsel:         BARRASSO USDIN KUPPERMAN FREEMAN & SARVER, LLC
                 909 Poydras Street, Suite 2400
                 New Orleans, LA 70112
                 Tel: (504) 589-9700
                 Fax: (504) 589-9701
                 Email: skupperman@barrassousdin.com

Debtor's         EPIQ BANKRUPTCY SOLUTIONS
Claims,
Noticing
and Balloting
Agent:

Estimated Assets: $10 million to $50 million

Estimated Debts: $10 million to $50 million

The petition was signed by Raymond P. Tellini, president.

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Baron & Budd, P.C.                Asbestos Personal  Unliquidated
                                        injury

Murray Law Firm                   Asbestos Personal  Unliquidated
                                        injury

Deakle Law Firm                   Asbestos Personal  Unliquidated
                                        injury

Scruggs, Millette, Lawson         Asbestos Personal  Unliquidated
Bozeman & Dent, P.A.                    injury

Campbell, Cherry, Harrison,       Asbestos Personal  Unliquidated
Davis, & Dove                           injury


Motley Rice, LLC                  Asbestos Personal  Unliquidated
                                        injury

Jon. A. Swartzfager               Asbestos Personal  Unliquidated
                                        injury

Brent Coon & Associates           Asbestos Personal  Unliquidated
                                        injury

Blackwell & Associates            Asbestos Personal  Unliquidated
                                        injury

Scott C. Taylor, P.A.             Asbestos Personal  Unliquidated
                                        injury

F. Gerald Maples, P.A.            Asbestos Personal  Unliquidated
                                        injury

Bruscato, Tramontana &            Asbestos Personal  Unliquidated
Wolleson                                injury

R.G. Taylor, II, P.C. &           Asbestos Personal  Unliquidated
Associates                              injury

Shannon & Munn, PLLC              Asbestos Personal  Unliquidated
                                        injury

LeBlanc and Waddell LLC           Asbestos Personal  Unliquidated
                                        injury

Maples & Lomax, P.A.              Asbestos Personal  Unliquidated
                                        injury

Lundy & Davis                     Asbestos Personal  Unliquidated
                                        injury

John F. Dillon PLC                Asbestos Personal  Unliquidated
                                        injury

David O. McCormick                Asbestos Personal  Unliquidated
                                        injury

Murray & Wilson                   Asbestos Personal  Unliquidated
                                       injury


EAGLE INC: Files for Bankruptcy Amid Asbestos-Related Lawsuits
--------------------------------------------------------------
Eagle Inc. filed for Chapter 11 bankruptcy protection in the U.S.
Bankruptcy Court for the Eastern District of Louisiana (Bankr. E.D.
La. Case No. 15-12437) on Sept. 22, 2015, with a goal of confirming
a plan of reorganization which, pursuant to Section 542(g) of the
Bankruptcy Code, implements a channeling injunction and trust to
resolve its liability for asbestos-related claims.

The case is assigned to Judge Jerry A. Brown.

Eagle estimated assets and liabilities in the range of $10 million
to $50 million.

Founded in 1920, Eagle's business primarily consisted of the sale
of gaskets and the sale and installation of insulation and
insulation-related products, many of which contained asbestos.
Eagle discontinued the distribution and sale of asbestos-containing
products in the late 1970s and ceased all operations in 2006 other
than the management of asbestos litigation and insurance rights.

According to Eagle's President Raymond Tellini, there are nearly
20,000 pending lawsuits against Eagle alleging asbestos-related
injuries.  Beginning in 1985 and continuing to the present, Eagle
has been presented with numerous claims by persons alleging  bodily
injury, including disease, disability, and death, as a result of
their respective exposures to asbestos-containing materials
allegedly distributed, handled, installed, or sold by Eagle.

In light of the mounting claims filed against Eagle, on or about
Jan. 1, 1996, Eagle and four of its insurers, United States
Fidelity & Guaranty Company, Commercial Union Insurance Company,
National Union Fire Insurance Company of Pittsburgh, Pennsylvania,
and International Surplus Lines Insurance Company, entered into a
defense agreement that established certain percentages that each of
the four insurers were to pay to defend claims made against Eagle
and to pay settlements of and judgments arising from those claims.

From 1996 to 2002, numerous claims were defended and resolved in
accordance with the Defense Agreement.  However, in 2002,
Commercial Union withdrew from the Defense Agreement leading to its
eventual termination after the remaining parties were unable to
re-negotiate its terms.  Between 2003 and 2007, Eagle ultimately
entered into settlement agreements with (i) Commercial Union,
American Employers Insurance Company, and OneBeacon America
Insurance Company, (ii) National Union, and (iii) USF&G.

On Sept. 5, 2013, Eagle entered into a coverage settlement
agreement with Fireman's Fund Insurance Company, American
Automobile Insurance Company, American Insurance Company, and
Associated Indemnity Company.  On Aug. 4, 2015, Eagle entered into
a coverage settlement agreement with First State Insurance Company
and Hartford Financial Services Group, Inc.  Fireman's Fund
Settlement and First State Settlement are referred to as
Bankruptcy-Related Settlement Agreements.

The proceeds from the Bankruptcy-Related Settlement Agreements and
Eagle's remaining rights to insurance coverage will provide funding
for the Chapter 11 process and the Section 524(g) trust.  The
Bankruptcy-Related Settlement Agreements require:

   (i) Eagle to use its best efforts to obtain an injunction
       pursuant to Section 105 of the Bankruptcy Code to protect
       Fireman's Fund and First State from third party asbestos-
       related claims asserted against Fireman's Fund and First
       State while the Chapter 11 case is pending; and

  (ii) entry of a final order confirming an Eagle plan of
       reorganization that, pursuant to Section 524(g), provides
       for the implementation of a channeling injunction
       protecting Eagle, Fireman's Fund, First State and other
       settling insurers from asbestos-related suits and claims
       and establishes a trust to resolve those suits and claims.

Eagle is in ongoing coverage litigation in the United States
District Court for the Eastern District of Luisiana, Case No.
2:13-cv-06217-JCZ-MBN, with OneBeacon, Stonewall Insurance Company,
Houston General Insurance Company, Pacific Employers Insurance
Company, Allied World Assurance Company (U.S.) Inc., Excess
Insurance Co. Ltd., Portman Insurance Limited (AXA S.A.),
Prudential Assurance Co. Ltd, Royal & Sun Alliance PLC, Ageas
Insurance Limited, Riverstone Insurance (UK) Limited, Continental
Insurance Company, Yorkshire Ins. Co. Ltd. "L" A/C, Tenecom Ltd.,
and Skandia UK Insurance Co. Ltd. "T" A/C, among others.  Eagle is
in active settlement negotiaions with the Coverage Litigation
Parties.

                        First Day Pleadings

To enable to the Debtor to operate effectively in its Chapter 11
Case, the Debtor filed with the Court first day motions and
applications to:

  -- employ Young Conaway Stargatt & Taylor, LLP as bankruptcy
     counsel;

  -- employ Barrasso Usdin Kupperman Freeman & Sarver, LLC as
     local bankruptcy counsel;

  -- appoint Epiq Bankruptcy Solutions, as claims, noticing and
     balloting agent; and

  -- employ and pay compensation to insider.

A copy of the declaration in support of the First Day Motion is
available for free at:

        http://bankrupt.com/misc/2_EAGLE_Affidavit.pdf



ELITE PRECISION: General Dynamics Wants Fraud Suits Consolidated
----------------------------------------------------------------
Y. Peter Kang at Bankruptcy Law360 reported that General Dynamics
Land Systems Inc. urged a Texas federal judge to consolidate twin
fraud suits brought by Elite Precision Fabricators Inc., a bankrupt
metal fabrication shop, accusing the defense contractor of not
paying for $3.7 million worth of parts, saying the other suit could
endanger its pending bid to compel arbitration.

GDLS said it filed the emergency motion because it is concerned
that Elite Precision will argue in a parallel adversary proceeding
in Texas bankruptcy court that GDLS has lost its rights to compel
arbitration.

Earlier, Bryan Koenig at Bankruptcy Law360 reported that General
Dynamics continued to fight in Texas federal court to toss Elite
Precision's $3.7 million fraud suit, arguing the former Israeli
tank project subcontractor is trying to "rewrite" the case's
procedural history.

Elite Precision has been trying to keep the case out of
arbitration, blasting the validity of an arbitration agreement
between the companies by arguing its existence was not obvious in
GDLS's first purchase order in June 2011.

Earlier this month, Law360's Mr. Koenig reported that Elite
Precision resisted General Dynamics' dismissal bid, arguing that
it's questionable that a valid arbitration agreement exists to
resolve the fraud suit.

Elite Precision contends the General Dynamics division breached the
parties' contract to build Israeli military tanks.  According to
Elite Precision, the arbitration agreement was not obvious in
GDLS's purchase orders, and GDLS has yet to show proof that there
was an arbitration clause in place in the first purchase order.

Montgomery, Texas-based Elite Precision Fabricators sought
protection under Chapter 11 of the Bankruptcy on March 31, 2014
(Case No. 14-31773, Bankr. S.D. Tex.).  The case is assigned to
Judge Karen K. Brown.  The Debtor's counsel is James B. Jameson,
Esq., Attorney at Law, in Houston, Texas.  The Debtor estimated
assets of $5.43 million and estimated liabilities of $6.41 million
in its petition.


FIELDWOOD ENERGY: Moody's Lowers CFR to B2, Outlook Negative
------------------------------------------------------------
Moody's Investors Service downgraded Fieldwood Energy LLC's
Corporate Family Rating to B2 from B1, Probability of Default
Rating (PDR) to B2-PD from B1-PD, and second-lien senior secured
term loan rating to B3 from B2.  At the same time Moody's affirmed
the Ba2 rating on Fieldwood's first-lien senior secured term loan,
and changed the company's rating outlook to negative from stable.
Moody's also changed Fieldwood's Speculative Grade Liquidity Rating
to SGL-3 from SGL-2 reflecting adequate liquidity.

"The downgrades reflect our view that Fieldwood will have
significantly weaker margins and cash flows and higher leverage
through 2016," said Sajjad Alam, Moody's Analyst.  "While the
company has significantly reduced capital expenditures to cope with
current low oil prices, we believe underinvestment over an extended
period could lead to a meaningful decline in Fieldwood's production
and reserves in future years.  The company will also face elevated
refinancing risk in a sustained low commodity price environment."

Issuer: Fieldwood Energy LLC

Ratings Downgraded:

  Corporate Family Rating, Downgraded to B2 from B1
  Probability of Default Rating, Downgraded to B2-PD from B1-PD
  Second Lien Senior Secured Term Loan, Downgraded to B3 (LGD5)
   from B2 (LGD5)

Ratings Affirmed:

  First Lien Senior Secured Term Loan, Affirmed Ba2 (LGD2)

Ratings Changed:

  Speculative Grade Liquidity Rating, Changed to SGL-3 from SGL-2
   Outlook Actions:
   Outlook, Changed to Negative from Stable

RATINGS RATIONALE

Fieldwood's B2 CFR is supported by its large and oil-weighted (~60%
liquids) shallow water production portfolio in the US Gulf of
Mexico, high proportion of proved developed (PD) and behind-pipe
reserves that can be tapped at low costs, and routine practice of
hedging a significant portion of its future production.
Fieldwood's ratings are restrained by its increasing leverage and
declining margins driven by low oil prices, large debt-like
plugging & abandonment (P&A) obligations that impose heavy ongoing
cash expenditures, concentration in a single offshore basin with a
short reserve life and significant reinvestment requirements.  The
B2 CFR also reflects the company's private ownership, short
operating history and limited operational and financial
disclosures.

The SGL-3 rating reflects Moody's expectation of adequate liquidity
through 2016.  The company has successfully managed its capex and
P&A expenditures with internally generated cash flow so far in this
downturn, and it plans to maintain the same strategy for as long as
commodity prices remain depressed.  Fieldwood had $173 million cash
on hand at June 30, 2015.  Despite only
$19 million of availability under its revolving credit facility at
the end of second quarter 2015, the company is looking to arrange
for surety bonds to free up revolver capacity associated with
letters of credit that are posted against P&A obligations.  The
revolver borrowing base was reduced to $1.75 billion in April 2015
and there is risk that low oil prices could lead to a further
reduction in the October redetermination.  Both the $863 million
revolver and the $887 million first-lien term loan mature in
September 2018.  As a result, the company will face heightened
refinancing risk if oil and natural gas prices do not increase
meaningfully from today's levels.  Moody's expects Fieldwood to
remain in compliance with its financial covenants under the credit
facilities through mid-2016 after it successfully amended the
leverage (total debt to EBITDAX) covenant requirement to 4.5x
earlier in the year.  The company's alternate liquidity is limited
given all of its assets are encumbered by its secured credit
facilities; however, Fieldwood has $250 million of undrawn equity
from its PE sponsors.

The first-lien term loan is rated Ba2, three notches above the CFR,
because it has a priority claim to Fieldwood's substantial asset
base (and ranks pari passu with the revolving credit facility) and
the significant loss absorption cushion afforded by the large
second lien facility.  The $2.1 billion second-lien term loan is
rated one notch below the CFR because of its junior claim in a
potential default situation behind the combined $1.75 billion
first-lien revolver and term loan facilities.

The negative outlook reflects the risk of further erosion in
Fieldwood's credit metrics including liquidity in a potentially
prolonged downturn.  The CFR could be downgraded if the EBITDAX to
Interest coverage ratio approaches 2.5x or the RCF/Debt ratio falls
below 10%.  Weak liquidity or any leveraging transaction could also
trigger a downgrade.  An upgrade is unlikely through 2016.  If
Fieldwood could sustain the debt to average daily production ratio
below $28,000 per boe and the RCF/Debt ratio near 35%, we could
consider an upgrade.  Moody's would also look for stable industry
conditions prior to a positive rating action.

The principal methodology used in these ratings was the Global
Independent Exploration and Production Industry published in
December 2011.

Fieldwood Energy LLC is a Houston, Texas based private oil and gas
exploration and production company with primary producing assets on
the US Gulf of Mexico shelf.



FLINTKOTE COMPANY: Time to Remove Suits Extended to Oct. 31
-----------------------------------------------------------
U.S. Bankruptcy Judge Mary Walrath has given The Flintkote Co. and
Flintkote Mines Limited until Oct. 31, 2015, to file notices of
removal of lawsuits involving the companies.

                   About The Flintkote Company

Headquartered in San Francisco, California, The Flintkote Company
is engaged in the business of manufacturing, processing and
distributing building materials.  Flintkote Mines Limited is a
subsidiary of Flintkote Company and is engaged in the mining of
base-precious metals.  The Flintkote Company filed for Chapter 11
protection (Bankr. D. Del. Case No. 04-11300) on April 30, 2004.

Flintkote Mines Limited filed for Chapter 11 relief (Bankr. D.
Del. Case No. 04-12440) on Aug. 25, 2004.  Kevin T. Lantry, Esq.,
Jeffrey E. Bjork, Esq., Dennis M. Twomey, Esq., Jeremy E.
Rosenthal, Esq., and Christina M. Craige, Esq., at Sidley Austin,
LLP, in Los Angeles; James E. O'Neill, Esq., and Laura Davis
Jones, Esq., at Pachulski Stang Ziehl & Jones LLP, in Wilmington,
Del., represent the Debtors in their restructuring efforts.

Elihu Inselbuch, Esq., at Caplin & Drysdale, Chartered, in New
York, N.Y.; Peter Van N. Lockwood, Esq., Ronald E. Reinsel, Esq.,
at Caplin & Drysdale, Chartered, in Washington, D.C.; and Philip E.
Milch, Esq., at Campbell & Levine, LLC, in Wilmington, Del.,
represent the Asbestos Claimants Committee as counsel.

James J. McMonagle, is the legal representative for future
claimants.  The FCR has retained Dr. Timothy Wyant as claims
evaluation consultant.  The FCR is represented by James L. Patton,
Jr., Esq., and Edwin J. Harron, Esq., at Young Conaway Stargatt &
Taylor, LLP; and Reginald W. Jackson, Esq., at Vorys, Sater,
Seymour & Pease LLP.

When Flintkote filed for protection from its creditors, it
estimated more than $100 million each in assets and debts.  When
Flintkote Mines Limited filed for protection from its creditors,
it
estimated assets of $1 million to $50 million, and debts of more
than $100 million.

The Debtors' Chapter 11 cases have been re-assigned to Judge Mary
F. Walrath in line with the retirement of former Bankruptcy Judge
Judith Fitzgerald.


FOREST PARK MEDICAL: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------------
Debtor: Forest Park Medical Center at Frisco, LLC
           aka FPMC Frisco
           aka Forest Park Medical Center Frisco
        5500 Frisco Square Blvd.
        Frisco, TX 75034

Case No.: 15-41684

Type of Business: Health Care

Chapter 11 Petition Date: September 22, 2015

Court: United States Bankruptcy Court
       Eastern District of Texas (Sherman)

Judge: Hon. Brenda T. Rhoades

Debtor's Counsel: William L. Medford, Esq.
                  LEWIS BRISBOIS BISGAARD & SMITH LLP     
                  2100 Ross Ave., Suite 2000
                  Dallas, TX 75201
                  Tel: 214-722-7100
                  Fax: 214-722-7111
                  Email: William.Medford@lewisbrisbois.com

Estimated Assets: $10 million to $50 million

Estimated Debts: $10 million to $50 million

The petition was signed by Michael Miller, chief restructuring
officer.

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Sabra Texas Holdings, L.P.           Landlord          $8,517,302
c/o Deirdre B. Ruckman
Marcus Helt Gardere
3000 Thanksgiving Tower
1601 Elm St.
Dallas, TX 75201

Vibrant Management                    Vendor             $866,255
c/o glendonTodd LLC
2101 Cedar Springs, Suite 1540
Dallas, TX 75201

Intuitive Surgical                    Vendor             $596,964
P.O. Box 39000
San Francisco, CA 94139

CPM Medical LLC                       Vendor             $519,294
1565 N. Central Expwy
Suite 200
Richardson, TX 75080

Valley Services, Inc.                 Vendor             $260,116
P.O. Box 742992
Atlanta, GA 30374-2992

Medline                               Vendor             $195,254

Lifecell Corporation                  Vendor             $177,099

Identity Media Services, LLC          Vendor             $168,806

Johnson and Johnson Healthcare        Vendor             $166,384

LDR Spine USA Inc.                    Vendor             $162,668

Bell Nunnally and Martin, LLC         Vendor             $141,850

Stryker Instruments                   Vendor             $139,883

Stryker Endoscopy                     Vendor             $133,290

Pro Silver Star Ltd.                  Vendor             $131,888

Inpatient Physician Assoc PLLC        Vendor             $130,000

Ricoh USA Inc.                        Vendor             $125,430

Medical Information Technology        Vendor             $120,862
Inc.

Smith and Nephew Inc.                 Vendor             $100,560

Siemens Medical Solutions USA, Inc.   Vendor              $98,376

Allergen USA Inc.                     Vendor              $96,417


FOREST PARK MEDICAL: Files for Chapter 11 Due to Declining Revenues
-------------------------------------------------------------------
Forest Park Medical Center at Frisco, LLC, owner and operator of a
luxury hospital located at 5500 Frisco Square Boulevard in Frisco,
Texas, has filed for Chapter 11 bankruptcy protection, saying it
will use the Chapter 11 process to evaluate whether a plan of
reorganization or a sale of the its assets will provide for the
most recovery to its creditors.

As disclosed in a Court filing, an "out-of-network" business model
did not provide the Debtor sufficient level of revenue to sustain
its operations.  In an attempt to boost revenues, the Debtor
attempted enter into "in network" contracts with various insurance
providers, however, reduced rates eventually caused a further
reduction in the Debtor's earnings.

Based upon a trailing three months ending in July 2015, the Debtor
generates approximately $3.4 million a month in revenue, and has
operational expenses of approximately $4.3 million a month.

Texas Capital Bank, the Debtor's current secured lender, refused to
renew nor provide further extensions to the Debtor's $2.5 million
line of credit past its maturity.  The Hospital owed a total of $6
million to TCB as of the Petition Date.

The Debtor said it was unable to obtain alternative financing
due to, among other things, a pending vendor lawsuit and a
landlord's declaration of default due to approximately $7 million
in unpaid rental obligations.

To address exigent financial and operational issues, the Debtor
retained Deloitte on Sept. 11, 2015, to assist in, among other
things, creating short-term budgets, negotiating appropriate
waivers and forbearances, and assessing the Debtor's available
assets and options.

"In order to maintain quality patient care and to preserve the
value of its business to the fullest extent possible, the Debtor's
immediate objective is to maintain "business as usual" following
the commencement of this Case by minimizing the adverse impact of
the filing on the Debtor's assets and operations and their ability
to care for patients," says Michael Miller, chief restructuring
officer.

Contemporaneously with the petition, the Debtor filed certain
"first-day" applications and motions seeking authority to:

   (a) obtain approval for immediate debtor-in-possession
       financing necessary for the continued operation of the
       hospital and care of its patients;

   (b) appoint an independent chief restructuring officer;

   (c) pay FPMC Services, LLC the needed amounts to satisfy wages
       and benefits owed to the individuals working at the
       Hospital and in their business office providing services to
       the Debtor but employed and paid by Shared Services;

   (d) maintain, on a limited basis, a pre-petition cash
       management systems needed to prevent disruption of critical
       payments from insurers; and

   (e) provide proper patient privacy in connection with the
       various filings and disclosures required by the
       Bankruptcy Code and associated rules.

Sabra Texas Holdings, L.P., the Debtor's landlord, offered to
provide debtor-in-possession financing in the approximate amount of
$18,500,000 available in draws and accruing interest at a 5%
interest rate, payable monthly in arrears.

The Debtor is owned by 86 doctors, each owning different numbers of
membership units in one of four classes.

The Debtor has approximately 159 employees.

A copy of the declaration in support of the First Day Motions is
available for free at:

        http://bankrupt.com/misc/3_FOREST_Affidavit.pdf

Forest Park Medical Center at Frisco, LLC filed Chapter 11
bankruptcy petition (Bankr. E.D. Tex. Case No. 15-41684) on
Sept. 22, 2015.  The petition was signed by Michael Miller as chief
restructuring officer.  The Debtor estimated assets and liabilities
in the range of $10 million to $50 million.

Hon. Brenda T. Rhoades is assigned to the case.

Lewis Brisbois Bisgaard & Smith LLP represents the Debtor as
counsel.



FREDERICK'S OF HOLLYWOOD: Has Until Dec. 15 to File Ch. 11 Plan
---------------------------------------------------------------
Peter Hall at Bankruptcy Law360 reported that a Delaware bankruptcy
judge granted Frederick's of Hollywood Inc. exclusive control over
its Chapter 11 case until February, giving the estate time to reach
a settlement with its last remaining secured creditor.

U.S. Bankruptcy Judge Kevin Gross signed an order extending the
California-based women's apparel chain time to file a Chapter 11
plan until Dec. 15 and its time to solicit creditors until Feb.
15.

Women's apparel retailer Frederick's of Hollywood, Inc., also known
as Movie Star, Inc., aka Fredricks.com Inc., and its affiliates
filed for Chapter 11 protection (Bankr. D. Del. Case No. 15-10836)
on April 19, 2015.  The petition was signed by William Soncini,
chief operating officer.

The Debtors are represented by Russell C. Silberglied, Esq., and
Zachary I. Shapiro, Esq., at Richards, Layton & Finger, P.A., and
Tyson M. Lomazow, Esq., Matthew Brod, Esq., at Milbank, Tweed,
Hadley & McCloy LLP.  Kurtzman Carson Consultants, LLC, serves as
the Debtors' claims, notice and balloting agent.

The Debtors, in their petition, disclosed total assets of
$36.5 million and total liabilities of $106 million.


FULLBEAUTY BRANDS: S&P Lowers CCR to 'B-', Outlook Stable
---------------------------------------------------------
Standard & Poor's Ratings Services lowered its corporate credit
rating on New York-based FULLBEAUTY Brands Inc. (FBB) 'B-' from
'B'.  The outlook is stable.

At the same time, S&P assigned its 'B-' issue-level rating and '3'
recovery rating to FULLBEAUTY Brands Holdings Corp.'s proposed $820
million senior secured first-lien term loan due 2022.  The '3'
recovery rating indicates S&P's expectation for meaningful recovery
(lower end of the 50%-70% range) in a payment default scenario.

S&P also assigned its 'CCC' issue-level rating and '6' recovery
rating to FULLBEAUTY Brands Holdings Corp.'s proposed $345 million
senior secured second-lien term loan due 2023.  The '6' recovery
rating indicates S&P's expectation for negligible recovery (0%-10%)
in a payment default scenario.

"The downgrade reflects the sizable debt burden and highly
leveraged financial profile following the buyout by Apax Partners,"
said Standard & Poor's credit analyst Anita Ogbara. "Pro forma for
the transaction, we expect FBB's ratio of debt to EBITDA to be in
excess of 7.0x, funds from operations to debt in the 8% area, and
EBITDA interest coverage in the mid-3x area. Still, over the next
18 months S&P expects the company to continue to improve EBITDA
margins, generate good cash flow, and reduce debt, which should
result in debt to EBITDA in the 6.0x-6.5x area and FFO to debt in
the high-single digits percent area."

Standard & Poor's ratings on FBB reflect its relatively small size
in the highly fragmented and competitive plus-size apparel
industry, good geographic diversity operating as a
direct-to-consumer retailer, unique merchandise selection, and
exposure to commodity cost volatility.  FBB operates as an online
platform and print media marketer encompassing six proprietary
brands, with merchandise primarily aimed at plus-size individuals.
Competition remains intense from other participants, such as mass
merchants, department stores, and other specialty apparel
retailers, which have been expanding their plus-size merchandise
offerings in recent years.  However, FBB continues to take market
share from competitors partially because of its strong merchandise
offerings and emphasis on fit, particularly in extended plus-size
products.

The stable outlook on FBB reflects Standard & Poor's expectation
that credit protection measures will gradually improve over the
next 12 months following its leveraged buy-out by Apax Partners.



GARLOCK SEALING: Belluck & Fox Must Face Subpoenas
--------------------------------------------------
Dani Meyer at Bankruptcy Law360 reported that Belluck & Fox LLP
can't block defunct Garlock Sealing Technologies LLC from
subpoenaing information in its adversary suit, a North Carolina
federal judge ruled, saying the discovery into allegations that the
firm schemed to drive up settlement values in asbestos litigation
is necessary.

U.S. District Judge Graham C. Mullen acknowledged that Garlock's
subpoenas seeking documents from bankruptcy trusts and claims
processing facilities involved in the massive mesothelioma
litigation against the gasket company will be expensive for the
firm.

                         About Garlock Sealing

Headquartered in Palmyra, New York, Garlock Sealing Technologies
LLC is a unit of EnPro Industries, Inc. (NYSE: NPO).  For more
than
a century, Garlock has been helping customers efficiently seal the
toughest process fluids in the most demanding applications.

On June 5, 2010, Garlock filed a voluntary Chapter 11 petition
(Bankr. W.D.N.C. Case No. 10-31607) in Charlotte, North Carolina,
to establish a trust to resolve all current and future asbestos
claims against Garlock under Section 524(g) of the U.S. Bankruptcy
Code.  The Debtor estimated $500 million to $1 billion in assets
and up to $500 million in debts as of the Petition Date.

Affiliates The Anchor Packing Company and Garrison Litigation
Management Group, Ltd., also filed for bankruptcy.

Albert F. Durham, Esq., at Rayburn Cooper & Durham, P.A.,
represents the Debtor in their Chapter 11 effort.  Garland S.
Cassada, Esq., at Robinson Bradshaw & Hinson, serves as counsel
for
asbestos matters.

The Official Committee of Asbestos Personal Injury Claimants in
the
Chapter 11 cases is represented by Travis W. Moon, Esq., at
Hamilton Moon Stephens Steele & Martin, PLLC, in Charlotte, NC,
Elihu Inselbuch, Esq., at Caplin & Drysdale, Chartered, in New
York, and Trevor W. Swett III, Esq., Leslie M. Kelleher, Esq., and
Jeanna Rickards Koski, Esq., in Washington, D.C. 20005.

Joseph W. Grier, III, the Court-appointed legal representative for
future asbestos claimants, has retained A. Cotten Wright, Esq., at
Grier Furr & Crisp, PA, and Richard H. Wyron, Esq., and Jonathan
P.
Guy, Esq., at Orrick, Herrington & Sutcliffe LLP, as his
co-counsel.

Judge George Hodges of the United States Bankruptcy Court for the
Western District of North Carolina on Jan. 10, 2014, entered an
order estimating the liability for present and future mesothelioma
claims against Garlock Sealing at $125 million, consistent with
the
positions GST put forth at trial.


GELTECH SOLUTIONS: Reports $5.51 Million Net Loss for Fiscal 2015
-----------------------------------------------------------------
GelTech Solutions, Inc., filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss of
$5.51 million on $800,000 of sales for the year ended June 30,
2015, compared to a net loss of $7.11 million on $815,000 of sales
for the year ended June 30, 2014.

As of June 30, 2015, the Company had $1.69 million in total assets,
$5.24 million in total liabilities and a $3.55 million in total
stockholders' deficit.

Salberg & Company, P.A., in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended June 30, 2015, citing that the Company has a net
loss and net cash used in operating activities in 2015 of $5.51
million and $3.66 million, respectively and has an accumulated
deficit and stockholders' deficit of $40,647,303 and $3,550,528,
respectively, at June 30, 2015.  These matters raise substantial
doubt about the Company's ability to continue as a going concern.

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

                         http://is.gd/eT2MU6

                            About GelTech

Jupiter, Fla.-based GelTech Solutions. Inc., is a Delaware
corporation organized in 2006.  The Company markets four products:
(1) FireIce(R), a water soluble fire retardant used to protect
firefighters, structures and wildlands; (2) Soil2O(R) 'Dust
Control', its new application which is used for dust mitigation in
the aggregate, road construction, mining, as well as, other
industries that deal with daily dust control issues; (3)
Soil2O(R), a product which reduces the use of water and is
primarily marketed to golf courses, commercial landscapers and the
agriculture market; and (4) FireIce(R) Home Defense Unit, a system
for applying FireIce(R) to structures to protect them from
wildfires.


GENERAL MOTORS: Ignition Switch Plaintiffs Defend Damages Claims
----------------------------------------------------------------
Jonathan Randles at Bankruptcy Law360 reported that plaintiffs
suing General Motors LLC over injuries suffered from the
automaker's ignition switch defect defended on Sept. 22, 2015,
their quest for punitive damages against the post-bankruptcy
iteration of the company, saying GM knew about the defect after
emerging from Chapter 11 in 2009 but waited years to conduct a
recall.

Goodwin Proctor LLP attorneys who are representing ignition switch
accident plaintiffs challenging GM's assertion that the sale that
allowed the automaker to leave bankruptcy shields the company from
punitive damages.

In another report, Joe Van Acker at Bankruptcy Law360 reported that
a New York federal judge said on Sept. 21, that he'd leave it up to
the U.S. bankruptcy court to decide whether Arizona, California and
multidistrict litigation plaintiffs can seek damages from
post-bankruptcy New GM, over an ignition switch defect affecting
millions of vehicles.

U.S. District Judge Jesse M. Furman denied the plaintiffs' motions
to withdraw the reference, leaving untouched an order by U.S.
Bankruptcy Judge Robert Gerber that established procedures to
determine whether certain claims against New GM are barred under a
sale.

                     About Motors Liquidation

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

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

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

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

As of March 31, 2015, Motors Liquidation had $1.01 billion in total
assets, $69.2 million in total liabilities and $945 million in net
assets in liquidation.


GENERAL SHOPPING: Moody's Lowers Sr. Unsecured Debt Rating to 'B2'
------------------------------------------------------------------
Moody's Investors Service downgraded the senior unsecured ratings
of General Shopping Finance Limited to B2 from B1 and the
subordinated debt rating of General Shopping Investments Limited to
Caa1 from B3.  The rating outlook was revised to negative from
stable.

RATINGS RATIONALE

The downgrade reflects General Shopping's strained liquidity
position in light of its recently announced capital structure
management strategy, which includes, but is not limited to: a) a
deferral of interest payments on the 12% subordinated, US dollar
denominated perpetual bonds; b) a tender offer for a portion of its
10% senior unsecured, US dollar denominated perpetual bonds to
investors outside of Brazil; c) a common equity issuance to
investors in Brazil and d) potential asset sales in the future.
General Shopping's credit metrics have weakened due to a heavy debt
load and higher financing expenses.  Additionally, there is
uncertainty regarding the company's future financial flexibility
and earnings power to address the accrual of deferred interest. The
negative outlook reflects Moody's expectation that the company's
liquidity position and credit metrics will remain under pressure in
the short-term as it opportunistically implements its strategic
initiatives, exacerbated by both the current political and
macroeconomic challenges in Brazil and a weakening retail sector.

The B2 rating reflects the company's current credit metrics and
portfolio quality.  As of 2Q15, Debt + Preferred Equity as a
percentage of Gross Assets, and its Net debt/EBITDA were 54% and
8.5X, respectively.  Fixed charge coverage, has weakened to 1.0X or
below for several consecutive quarters, eroding any cushion against
unexpected EBITDA declines or increases in interest expenses.
Positively, General Shopping owns and operates a good quality and
resilient portfolio that has consistently maintained high occupancy
and has generated solid EBITDA margins.  The company has a proven
track record as an owner, developer and operator of shopping
centers with a strong presence in the state of Sao Paolo.

Although an upward rating movement is unlikely in the near term, it
would be predicated upon General Shopping maintaining a fixed
charge coverage closer to 1.5X, effective leverage below 50%
(excluding the effect of foreign exchange fluctuations); Net debt
to EBITDA below 7.0X, and secured debt levels below 20% (as a
percentage of gross assets) on a consistent basis.  A stabilization
of the rating outlook would also require more clarity on the
company's liquidity position to address the accrual of deferred
interest as well as the outcome of the tender offer and equity
issuance.

Downward rating movement would likely result from a fixed charge
coverage consistently below 1.0X; effective leverage above 55%
(excluding the effect of foreign exchange fluctuations) and/or Net
debt to EBITDA consistently above 8.0X.  Any difficulty or failure
in the company's execution of its capital structure plan and/or any
other strategic initiatives would place additional downward
pressure on the ratings.  Additionally, a meaningful increase in
the proportion of secured debt or a decrease in the amount of
unencumbered assets that could be used for debt repayment would
also result in a downgrade of General Shopping's unsecured
ratings.

These ratings were downgraded with a negative outlook:

  General Shopping Finance Limited -- senior unsecured debt rating

   to B2 from B1

  General Shopping Investments Limited -- subordinated debt rating

   to Caa1 from B3

The last rating action with respect to General Shopping was on
May 9, 2014, when Moody's downgraded the senior unsecured ratings
of General Shipping Finance Limited to B1 from Ba3 and General
Shopping Investments Limited subordinated note rating to B3 from B2
with a stable outlook.

General Shopping Brasil S.A. [BOVESPA: GSHP3] is headquartered in
São Paulo, Brazil.  The company owns interests in 16 shopping
centers in which it has a proportional interest of approximately
75%.  These shopping centers have an aggregate of 342,524 square
meters (m2) of gross leasable area (GLA) and focuses on serving the
class B and C consumer.  At June 30, 2015, General Shopping
reported total assets of approximately R$3.4 billion.

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



GLOBAL MARITIME: Wants to Pay $250,000 to Critical Vendors
----------------------------------------------------------
GMI USA Management, Inc., et al., seek permission from the
Bankruptcy Court to pay the claims of certain vendors, including
many foreign based entities that have provided essential goods or
services to them before the Petition Date.

On an interim basis, the Debtors estimate that the Critical Vendor
payments will not exceed $250,000 in the aggregate.  The Debtors
reserve the right to seek to increase the Critical Vendor Fund at a
later date if necessary, subject to the Court's approval.

The Debtors tell the Court that they rely in the ordinary course of
business on the Critical Vendors to supply goods, materials and
services without which their business either could not operate or
would operate at significantly reduced profitability.

"A failure to pay the Critical Vendor Claims would likely result in
many of the Critical Vendor refusing to provide goods and services
to the Debtors postpetition and may force the Debtors to obtain
such goods and services elsewhere at a much higher price or in a
quantity or quality that is insufficient to satisfy the Debtors'
requirements," says John P. Melko, Esq. at Gardere Wynne Sewell
LLP, attorney to the Debtors.

The Debtors relate they will use their best efforts to condition
payments upon each Critical Vendor's agreement to continue
supplying goods and services to them throughout the Chapter 11
cases on the normal and customary trade terms, practices and
programs that were in effect prior to 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.


HARVEST PARK COMMERCIAL: Voluntary Chapter 11 Case Summary
----------------------------------------------------------
Debtor: Harvest Park Commercial, LLC
        2169 Yarrow
        Mapleton, UT 84664

Case No.: 15-28887

Chapter 11 Petition Date: September 22, 2015

Court: United States Bankruptcy Court
       District of Utah (Salt Lake City)

Judge: Hon. Kimball R. Mosier

Debtor's Counsel: David T Berry, Esq.
                  BERRY and TRIPP, P.C.
                  5296 South 300 West, Suite 200
                  Salt Lake City, UT 84107
                  Tel: (801) 265-0700
                  Fax: (801) 263-2487
                  Email: bt209@berrytripp.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Jerry Robinson, manager.

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


HARVEST PARK HOMES: Voluntary Chapter 11 Case Summary
-----------------------------------------------------
Debtor: Harvest Park Homes, LLC
        2169 Yarrow
        Mapleton, UT 84664

Case No.: 15-28888

Chapter 11 Petition Date: September 22, 2015

Court: United States Bankruptcy Court
       District of Utah (Salt Lake City)

Judge: Hon. William T. Thurman

Debtor's Counsel: David T Berry, Esq.
                  BERRY AND TRIPP, P.C.
                  5296 South 300 West, Suite 200
                  Salt Lake City, UT 84107
                  Tel: (801) 265-0700
                  Fax: (801) 263-2487
                  Email: bt209@berrytripp.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Jerry Robinson, manager.

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


HAVERHILL CHEMICALS: Approval of Bidding Procedures Sought
----------------------------------------------------------
Haverhill Chemicals LLC asks the Bankruptcy Court to approve bid
procedures for the sale of substantially all of its assets.

In light of its current financial condition, the Debtor determined
that the maximum value will be realized for creditors through a
Section 363 sale of its assets and operations.  Accordingly, the
Debtor filed the Chapter 11 case in order to complete a sale of
substantially all of its ALTIVIA Petrochemicals, LLC, subject to
higher or better offers.

On or about Sept. 18, 2015, ALTIVIA and Haverhill executed an Asset
Purchase Agreement.  The aggregate purchase price for the Acquired
Assets will be $3,000,000 plus assumption of certain liabilities.
Pursuant to the Purchase Agreement and as a condition to the
continued effectiveness of the Purchase Agreement, the Debtor
agreed to seek entry of an order providing ALTIVIA with a certain
break-up protections, including a break-up fee in the amount of
$150,000 and an expense reimbursement
in the maximum amount of $250,000.

Since the end of August 2015, Haverhill has worked with ALTIVIA to
transfer from Haverhill to ALTIVIA certain environmental operating
permits issued by the state of Ohio.  These include a Title V
permit, a RCRA permit and a NPDES permit.

ALTIVIA has made arrangements for the supply of raw materials and
the supply of steam that is critical for the operational success of
the Haverhill Plant.

The Agreement is subject to consideration by the Debtor of higher
or better competing bids from qualified bidders.

The Agreement requires the Debtor to obtain entry of the Bankruptcy
Court of the sale order by the later of (i) 45 days after the
Petition Date, and (ii) 35 days after entry of the Bid Procedures
Order.

                          Bid Procedures

(a) In order for any alternative transaction to be a qualified
    bid, it must be:
   
    (i) in writing;

   (ii) received by Seller at its addresses no later than the
        deadline for submitting an Alternative Transaction
        established by the Bidding Procedures Order;

  (iii) a firm unconditional bid to purchase the Acquired Assets,
        not subject to any contingencies as to the validity,  
        effectiveness and/or binding nature of the offer,
        including, without limitation, further due diligence
        review or financing;

   (iv) a firm bid of at least $500,000 over the Purchase Price,
        with the Excess Amount to be paid in cash;

    (v) accompanied by sufficient information to demonstrate that
        the competing bidder has the financial wherewithal and
        ability to timely consummate the acquisition of the
        Acquired Assets on terms and conditions substantially the
        same as the Agreement, including evidence of adequate
        financing;

   (vi) accompanied by a signed contract substantially in the form
        of the Agreement, and marked to show any changes to the
        Agreement; and

  (vii) accompanied by a cash deposit of $100,000 to be deposited
        with Seller on or before the Bid Deadline;

(b) Seller will promptly inform Buyer of all Qualified Bids and
    any information received related to the terms and conditions
    of those Qualified Bids;

(c) Buyer will have the opportunity to increase the Purchase
    Price to a level at least $100,000 in excess of any Qualified
    Bid to be eligible to become the starting bid at the Auction
    contemplated by the Bid Procedures Order; and Buyer will
    be entitled to credit its Breakup Fee and Expense
    Reimbursement against the purchase price reflected in such
    Qualified bid and any subsequent Qualified Bid submitted by
    the Buyer;

(d) Seller will evaluate all Qualified Bids received and will
    determine which Qualified Bid reflects the highest or best
    offer as the Starting Auction Bid for the Acquired Assets.
    Seller will announce its determination of the Starting
    Auction Bid at the commencement of the Auction;

(e) The first incremental competitive bid at the Auction will be
    at least $100,000 of cash over the Starting Auction Bid, with
    any subsequent increases of bids to be made in increments
    equal to at least $100,000 of cash;

(f) No bids will be considered by Seller unless a party
    submitted a Qualified Bid prior to the commencement of the
    Auction;

(g) All of the Acquired Assets will be sold in a single lot;

(h) If Seller desires to select a bid from an entity other than
    Buyer that Buyer believes is not the highest or best bid or
    that Buyer believes was not from a person qualified to
    participate in the Auction, Buyer may object to the selection
    of such bid as the highest or best bid;

(i) When determining the highest or best bid at the conclusion of
    the Auction, Seller will consider the face amount of Buyer's
    final bid notwithstanding the fact Buyer is entitled to
    credit the Break Up Fee and the Expense Reimbursement against
    the purchase reflected in such final bid;

(j) Seller will pay the Break Up Fee and the Expense Reimbursement

    to Buyer;

(k) If a bid from an entity other than Buyer is accepted as the
    Accepted Bid but fails to be consummated, Buyer's original
    Purchase Price will automatically be deemed the Accepted Bid
    and Seller and Buyer will be obligated to consummate the
    transaction on terms of the Agreement; and

(l) In the event that Seller determines in good faith that it has  

    not received a Qualified Bid by the Bid Deadline that is a
    higher or better bid than the one represented by the
    Agreement, Seller will seek approval of the Agreement at the
    hearing without conducting an Auction and without further   
    motion or adjournment without the written consent of Buyer.

A copy of the Purchase Agreement is available for free at:

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

                     About Haverhill Chemicals

Haverhill Chemicals LLC filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Tex. Case No. 15-34918) on Sept. 18, 2015.
The petition was signed by Paul Deputy as chief financial officer.
The Debtor estimated assets of $1 million to $10 million and
liabilities of $100 million to $500 million.  Diamond McCarthy LLP
serves as the Debtor's counsel.  The case is assigned to Judge
Marvin Isgur.

The Debtor owns and operated the Haverhill Plant to produce
Phenol, Acetone, Bisphenol A (BPA) and Alpha-Methylstyrene ("AMS")
for sale to its customers.  The chemicals are used to manufacture a
wide variety of chemical intermediates, including phenolic resins,
paint, varnishes, pharmaceuticals, film, epoxy resins, flame
retardants, coatings and heat resistance of polystyrene.



HEALTH DIAGNOSTIC: Ettin Group Approved to Sell Misc. Equipment
---------------------------------------------------------------
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 Ettin Group, LLC, as auctioneer
nunc pro tunc to the Petition Date.

Ettin Group is expected to market and sell miscellaneous equipment
and other assets pursuant to the terms of the auctioneer
agreement.

Under the terms of the auctioneer agreement, Ettin has agreed to
advertise and market the Miscellaneous Equipment, and, subject to
the Court's approval, other property agreed to by the Debtors and
Ettin; and to conduct the auctions in exchange for a 15% buyer's
premium on all items sold to be paid by purchasers.  Ettin will not
charge any other fees or commissions for the sale of the
Miscellaneous Equipment.  In addition, the auction agreement
provides that the Debtors will pay Ettin reasonable and necessary
expenses in an amount not to exceed $45,000.

To the best of the Debtors' knowledge, Ettin (a) 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: Protiviti Okayed as Panel's Financial Advisor
----------------------------------------------------------------
The Hon. Kevin R. Huennekens of the U.S. Bankruptcy Court for the
Eastern District of Virginia authorized, on a final basis, the
Official Committee of Unsecured Creditors in the Chapter 11 cases
of Health Diagnostic Laboratory, Inc., et al., to retain Protiviti
Inc., as its financial advisor, nunc pro tunc to June 18, 2015.

As financial advisor, Protiviti may provide these financial
advisory services, among other things:

   (a) review and analysis of the Debtors' weekly financial and
cash flow performance as compared to its budget;

   (b) review and analysis of historical operating results and
recent performance and comparison to Debtors' forecasts, business
plan, and long-term projections;

   (c) review and analysis of Debtors' business segments; and

   (d) analysis of Debtors' business as a going concern.

The Committee may also authorize and instruct Counsel to directly
retain Protiviti as a testifying expert to perform financial expert
witness, expert testimony, and related expert witness services, as
needed.  The work may consist of these services:

   (a) identification, investigation, assessment and analysis of
potential causes of action and potential litigation proceeds with
respect to the Debtors, directors and officers, insiders, related
parties, non-Debtor subsidiaries, and other parties;

   (b) forensic review and analysis of relevant banking, financial,
and accounting transactions; and

   (c) expert report preparation, deposition, trial preparation,
expert witness testimony, and related services with respect to any
cause of action, financial, or litigation matter the Committee or
Counsel may require.

Michael Atkinson, a managing director of Protiviti Inc., with
office located at 1 East Pratt Street, Suite 800, Baltimore,
Maryland, told the Court that Protiviti has advised the Committee
that Protiviti agreed to discount its fees 20% from its standard
rates.  The discounted billing rates applicable to anticipated
professionals and paraprofessionals assigned to the case, are:

   Professional Level               Discounted Billing Rates
   ------------------               -----------------------
   Managing Directors                       $480 - $536
   Directors and Associate Directors        $368 - $400
   Senior Managers and Managers             $236 - $352
   Senior Consultants and Consultants       $152 - $228
   Administrative                               $104

To the best of the Committee's knowledge, Protiviti 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.


HIGHLINE ACADEMY: S&P Lowers Rating on 2011 Charter Bonds to 'BB+'
------------------------------------------------------------------
Standard & Poor's Ratings Services lowered its rating to 'BB+' from
'BBB-' on Public Finance Authority, Wis.' series 2011 charter
school revenue bonds supported by Highline Academy Inc., Colo.
(doing business as Highline Academy Charter School).  The outlook
is stable.

"The downgrade reflects our view of Highline Academy's expansion
into two campuses, for which we now apply our Group Rating
Methodology, along with weakened consolidated financials in fiscal
2015 that are more comparable to medians for a 'BB+' rating," said
Standard & Poor's credit analyst Stephanie Wang.

The Highline Academy organization now includes the southeast campus
(HASE) and northeast campus (HANE, also known as Green Valley
Ranch), which opened in fall 2014.  While enrollment has been
steady at HASE and growing at HANE, continual expansion risk at
HANE further contributes to the downgrade, in Standard & Poor's
view.

"We expect Highline Academy to maintain its steady enrollment and
demand while displaying strong academic performance.  We also
expect that HANE will continue to expand, albeit without loans from
HASE to help support its operations," Ms. Wang added.  "If the
academy can build its liquidity and coverage to levels more
appropriate for a higher rating, a positive rating action may
occur.  Conversely, we could lower the rating if the academy falls
well short of enrollment expectations, expenses increase, or a
reserve drawdown causes operations and liquidity measures to weaken
to levels no longer in line with the rating."

Highline Academy opened its first campus, Highline Southeast
(HASE), in the 2004-2005 academic year, with 260 students from
kindergarten through sixth grade (K-6).  Enrollment grew to
approximately 515 K-8 students for fall 2015.  The two campuses are
chartered separately by Denver Public Schools, even though they
comprise one legal entity.



HILLCREST BANK: 8th Cir. Rejects Quintero Investors' Rehearing Bid
------------------------------------------------------------------
Zachary Zagger at Bankruptcy Law360 reported that the U.S. Court of
Appeals for the Eighth Circuit, in a one-line order, denied
petitions for a rehearing en banc and for a rehearing by the panel
made by a group of investors in a failed country club and
residential subdivision.  The investors seek a reversal of a ruling
that they cannot recover their losses from a Kansas bank that
backed the project after the bank went belly-up, forcing it into
Federal Deposit Insurance Corp. receivership.

A three-judge panel ruled in July that Quintero Community
Association Inc., a group of investors in Quintero Golf and Country
Club in Peoria, Arizona, could not go after Hillcrest Bank to
recover some of the millions they say they lost after the project
failed, allegedly due to the fraud and mismanagement of the
project's developer, Gary McClung.

Unable to recover from McClung, the investors went after Hillcrest
in Missouri state court. After taking over the failed bank, the
FDIC removed the suit to federal court, which tossed most of their
claims.

The investors argue that the case should have been sent back to
state court because the FDIC had waited too long to remove the
suit, flouting a 90-day rule. But the Eighth Circuit panel held
that even if the FDIC's move to federal court was untimely, it
would not be enough to topple the ruling.

Attorney Linus L. Baker for the investors told Law360 that the
Eighth Circuit ruling results in a "Catch-22" for litigants because
they cannot challenge the remand until the end of the ligigation,
but that the Eighth Circuit held that the remand issue did not
matter since the case had been adequately litigated in federal
court.

"The effect of the ruling makes the FDIC removal statute
meaningless in cases where the district court does not remand an
improperly removed case," Baker said in an emailed statement,
according to Law360. "Litigants who are aggrieved are left with no
real remedy because the right to appeal only occurs when the case
become final after all the litigation is completed . . . the fact
that a litigant must wait to appeal after the litigation is
completed is the very thing that dooms the appeal."

The Quintero Community Association is represented by Linus L.
Baker.

The FDIC is represented by Steven Leigh -- sml@mllfpc.com -- of
Martin Leigh Laws & Fritzlen PC and in-house by Jerome Madden.

Hillcrest Bank is represented by Thomas Larson --
trlarson@lewisricekc.com -- and Scott Wissel --
sawissel@lewisricekc.com -- of Lewis Rice LLP.

The case is Quintero Community Association Inc. et al v. FDIC as
Receiver et al., case number 14-2266, in the U.S. Court of Appeals
for the Eighth Circuit.


HUMMEL STATION: S&P Assigns Prelim. 'BB-' Rating on $455MM Loan
---------------------------------------------------------------
Standard & Poor's Ratings Services said it assigned its preliminary
'BB-' debt issue rating to Hummel Station LLC's $455 million senior
secured term loan B facility due 2022.  The outlook is stable.  S&P
also assigned a preliminary recovery rating of '1', indicating a
"very high" (90% to 100%) recovery of principal if a default
occurs.

The rating reflects the project's construction phase and
operational phase risk profiles, which are the same in S&P's view.
S&P's assessment of construction phase risk is driven by the use of
a technology that is considered a modified proven design, along
with reliance on facility drawdowns during construction.

"The operations phase risk profile is driven by expectation of
reasonable performance, coupled with significant market, financial
performance, and refinancing risks," said Standard & Poor's credit
analyst Michael Ferguson.

S&P assesses the construction phase stand-alone credit profile
(SACP) as 'bb'.  This assessment represents several key factors.
Although similar technology is currently being installed in other
Panda sites, S&P believes there is some risk because this is a
unique site and because the F Series turbines are more commonly
used in plants where ramping up and down is more frequent, while
this plant is expected to have very high capacity factors.  The
engineering, procurement, and construction contract with two
qualified contractors largely mitigates the risk of cost overruns.
This came to bear in Panda's Temple and Sherman projects, which had
the same contractors and similar contracts.

S&P assesses the operations phase SACP as 'bb-'.  The project is
subject to considerable market risk.  Although the PJM has been a
robust market in recent years, S&P still expects that merchant
energy revenues will be volatile because these can swing due to
natural gas prices (the main determinant of power prices), weather
patterns, economic growth, and the presence of competitors, all of
which are difficult to estimate.  Capacity market revenues beyond
established auction results are more stable.  The plant also
benefits from firm gas transportation agreements, which partially
mitigate resource risk.

The stable outlook reflects S&P's expectation that project will be
completed in early 2018 as scheduled, and with minimal cost
overruns.  S&P expects that the project will then earn DSCRs of
about 2.9x on average during the term loan B period.  This hinges
on continued stability in capacity payments and a robust energy
market in PJM, as well as availability of about 94%.  This should
yield leverage of $263 per kilowatt at maturity, leaving the
project with moderate refinancing risk.



IAC/INTERACTIVECORP: Moody's May Lower Ba1 CFR Over POF Purchase
----------------------------------------------------------------
Moody's Investors Service said IAC/InterActiveCorp's Ba1 Corporate
Family Rating (CFR) and Ba1 Senior Unsecured Notes could face
downward ratings pressure to the extent IAC were to add incremental
debt to finance the purchase of PlentyofFish ("POF") that resulted
in IAC's total debt to EBITDA on a Moody's adjusted basis to rise
materially above 3x.

The principal methodology used in rating IAC/InterActiveCorp was
the Global Broadcast and Advertising Related Industries Methodology
published in May 2012.

IAC/InterActiveCorp is a leading media and online company that owns
more than 150 Internet-based brands and products including: Ask.com
(search engine); About.com, Dictionary.com, Investopedia.com
(online content and reference libraries), Ask.fm (social) and
Apalon (mobile applications); The Match Group (online dating
assets, including Match, Tinder and OkCupid; and non-dating asset,
The Princeton Review); HomeAdvisor, ShoeBuy (e-commerce); Vimeo
(media); and several other consumer-related applications and
portals.



INFINITY ENERGY: Amends 6.9 Million Shares Resale Prospectus
------------------------------------------------------------
Infinity Energy Resources, Inc., filed an amendment to its Form S-1
registration statement covering an aggregate of up to 6,926,400
shares of its common stock, $0.0001 par value per share, that may
be offered from time to time by Hudson Bay Master Fund Ltd.  

The shares being offered by this prospectus consist of up to
6,926,400 shares issuable upon the conversion of a portion of the
Company's Senior Secured Convertible Note due on May 7, 2018, the
Company issued in a private placement in May 2015.

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

The Company's common stock is currently quoted on the OTCQB Tier
operated by OTC Markets Group, Inc. under the symbol "IFNY."  On
Sept. 17, 2015, the last reported sales price of the Company's
common stock was $ 0.13 per share.

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

                       http://is.gd/xuKONs

                      About Infinity Energy

Overland Park, Kansas-based Infinity Energy Resources and its
subsidiaries, are engaged in the acquisition and exploration of
oil and gas properties offshore Nicaragua in the Caribbean Sea.

In its report on the consolidated financial statements for the
year ended Dec. 31, 2014, RBSM, LLP, expressed substantial doubt
about the Company's ability to continue as a going concern, citing
that the Company has suffered recurring losses, has no on-going
operations, and has a significant working capital deficit.

The Company reported a net loss of $3.68 million for the year ended
Dec. 31, 2014, compared with a net loss of $2.43 million during the
prior year.

As of June 30, 2015, the Company had $9.6 million in total assets,
$19.3 million in total liabilities and a stockholders' deficit of
$9.61 million.


INSURENET INSURANCE: Voluntary Chapter 11 Case Summary
------------------------------------------------------
Debtor: Insurenet Insurance Services, LLC
        1906 E. Tyler, Suite J
        Harlingen, TX 78550

Case No.: 15-70477

Chapter 11 Petition Date: September 22, 2015

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

Judge: Hon. Eduardo V Rodriguez

Debtor's Counsel: Antonio Villeda, Esq.
                  VILLEDA LAW GROUP
                  6316 N 10th St, Bldg. B
                  McAllen, TX 78504
                  Tel: 956-631-9100
                  Email: avilleda@mybusinesslawyer.com

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by Kevin D. Doty, sole member.

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


JB3 LLC: Voluntary Chapter 11 Case Summary
------------------------------------------
Debtor: JB3, LLC
        2169 Yarrow
        Mapleton, UT 84664

Case No.: 15-28886

Chapter 11 Petition Date: September 22, 2015

Court: United States Bankruptcy Court
       District of Utah (Salt Lake City)

Judge: Hon. William T. Thurman

Debtor's Counsel: David T Berry, Esq.
                  BERRY AND TRIPP, P.C.
                  5296 South 300 West, Suite 200
                  Salt Lake City, UT 84107
                  Tel: (801) 265-0700
                  Fax: (801) 263-2487
                  Email: bt209@berrytripp.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Jerry Robinson, manager.

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


JENNIFER L. FORTUNE DVM: Case Summary & 5 Top Unsecured Creditors
-----------------------------------------------------------------
Debtor: Jennifer L. Fortune, DVM, PA
           dba Niceville Animal Clinic
        509 East John Sims Pkwy.
        Niceville, FL 32578

Case No.: 15-30973

Chapter 11 Petition Date: September 22, 2015

Court: United States Bankruptcy Court
       Northern District of Florida (Pensacola)

Judge: Hon. William S. Shulman

Debtor's Counsel: John E. Venn, Esq.
                  JOHN E. VENN, JR., P.A.
                  220 W. Garden St., Suite 603
                  Pensacola, FL 32502
                  Tel: 850-438-0005
                  Fax: 850-438-1881
                  Email: johnevennjrpa@aol.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Jennifer L. Fortune-Nalovic, president.

A list of the Debtor's five largest unsecured creditors is
available for free at http://bankrupt.com/misc/flnb15-30973.pdf


KITTUSAMY LLP: Court Approves Kolesar & Leatham as Attorney
-----------------------------------------------------------
Kittusamy LLP sought and obtained approval from the U.S. Bankruptcy
Court for the District of Nevada for authority to employ Kolesar &
Leatham as its attorney.

The firm will:

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

     b) prepare motions, answers, schedules, statements,
applications, and reports for which the services of an attorney is
necessary;

     c) advise Debtor of its rights and obligations and its
performance of its duties during the administration of this case;

     d) assist Debtor in formulating a plan of reorganization and
disclosure statements and to obtain approval and confirmation
thereof; and

     e) represent debtor in all proceedings before the Court and
other courts with jurisdiction over this case.

The current hourly rates charged by the firm's attorneys and
paraprofessionals expected to render services pursuant to the
agreement and the application do not exceed $450 per hour for
attorneys or $175 per hour for paraprofessionals, including law
clerks and paralegals.

Bart K. Larsen, Esq., attorney at 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:

   Bart K. Larsen, Esq.
   Kolesar & Leatham
   400 S. Rampart Blvd., Suite 400
   Las Vegas, NV 89145
   Tel: 702-362-7800
   Email: blarsen@klnevada.com

Kittusamy, LLP, doing business as Las Vegas Medical Centers, is
subject to an involuntary Chapter 11 bankruptcy petition filed by
creditors owed $6.93 million on business loans and an equipment
lease.

The creditors who signed the petition are:

                                                       Claim
      Creditor                     Nature of Claim     Amount
      --------                     ---------------     ------
     Moonshell, LLC                Business Loans   $2,952,870
     Xspectra, Inc.                Business Loan      $209,000
     Seven Hills Equipment, LLC    Equipment Lease  $2,740,660
     Venus Group, LLC              Medical Liens    $1,024,682
                                                    ----------
                                                    $6,927,211

Moonshell and Venus are represented by Samuel A. Schwartz, Esq., at
Schwartz Flansburg PLLC.   Xspectra and Seven Hills are represented
by Matthew C. Zirzow, Esq., at Larson & Zirzon, LLC.


KITTUSAMY LLP: Schwartz Flansburg Files Rule 2019 Statement
-----------------------------------------------------------
Schwartz Flansburg PLLC disclosed that the firm represents two
creditors of Kittusamy LLP in its Chapter 11 case.  

The creditors are Moonshell LLC and Venus Group LLC.  Both
companies are based in Las Vegas, Nevada, the law firm disclosed in
a filing with the U.S. Bankruptcy Court for the District of Nevada.


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

Schwartz Flansburg can be reached at:

     Samuel A. Schwartz, Esq.
     Bryan A. Lindsey, Esq.
     Schwartz Flansburg PLLC
     6623 Las Vegas Blvd. South, Suite 300
     Las Vegas, Nevada 89119
     Telephone: (702) 385-5544
     Facsimile: (702) 385-2741

Kittusamy, LLP, doing business as Las Vegas Medical Centers, is
subject to an involuntary Chapter 11 bankruptcy petition filed by
creditors owed $6.93 million on business loans and an equipment
lease.

The creditors that signed the petition are Moonshell, Venus Group,
Seven Hills Equipment LLC and Xspectra Inc.


L.B. STRINGFELLOW: Case Summary & 9 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: L.B. Stringfellow DDS, PA
        2522 Pinnacle Hills Parkway
        Rogers, AR 72758

Case No.: 15-72402

Nature of Business: Healthcare

Chapter 11 Petition Date: September 22, 2015

Court: United States Bankruptcy Court
       Western District of Arkansas (Fayetteville)

Judge: Hon. Ben T Barry

Debtor's Counsel: Carl W. Hopkins, Esq.
                  HOPKINS & HOLMES, PLLC
                  P.O.Box 7359
                  Van Buren, AR 72956
                  Tel: (479) 922-2175
                  Fax: 479-922-2176
                  Email: cwhopkinslaw@msn.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Loren B. Stringfellow, owner.

A list of the Debtor's nine largest unsecured creditors is
available for free at http://bankrupt.com/misc/arwb15-72402.pdf


LEGENDS GAMING: Global Gaming Backs at Bad Faith Claim
------------------------------------------------------
Vidya Kauri at Bankruptcy Law360 reported that a Chickasaw
Nation-backed gaming company held fast to its assertion that
Legends Gaming LLC had introduced a bad faith claim too late during
proceedings in a suit over a failed $125 million asset purchase.
Global Gaming Solutions LLC told a Louisiana federal court that the
deadline for such claims had passed long ago.  Global Gaming said
the first time it was accused of acting in bad faith since the
purchase agreement fell apart in 2013.

                       About Legends Gaming

Legends Gaming LLC, owns gaming facilities located in Bossier
City, Louisiana, and Vicksburg, Mississippi, operating under the
DiamondJack's trade name.

Legends Gaming LLC, and five related entities, including Louisiana
Riverboat Gaming Partnership, filed Chapter 11 petitions (Bankr.
W.D. La. Case No. 12-12013) in Shreveport, Indiana, on July 31,
2012, to sell the business for $125 million to Global Gaming
Solutions LLC, absent higher and better offers.

Legends Gaming acquired the business from Isle of Capri Casinos
Inc., in 2006 for $240 million.  After breaching covenant with
lenders, the Debtors in March 2008 sought Chapter 11 protection,
jointly administered under Louisiana Gaming Partnership (Case No.
08-10824).  The Debtors emerged from bankruptcy in September 2009
and retained ownership and operation of two "DiamondJacks" hotels
and casinos in Bossier City and Vicksburg.  The Plan restructured
$162.1 million owed to the first lien lenders and $75 million owed
to secured lien lenders, which would be paid in full, with
interest, over time.

The Debtors' properties comprise 60,000 square feet of gaming
space with 1,913 slot machines, 48 table games and 693 hotel
rooms.  Revenues in fiscal 2011 were $99.8 million in Louisiana
and $39.7 million in Mississippi.

As of July 31, 2012, first lien lenders are owed $181.2 million
and second lien lenders are owed $114.7 million.  Louisiana
Riverboat Gaming Partnership disclosed $104,846,159 in assets and
$298,298,911 in liabilities as of the Chapter 11 filing.

Attorneys at Heller, Draper, Hayden Patrick & Horn serve as
counsel to the Debtors.  Sea Port Group Securities, LLC is the
financial advisor.  Kurtzman Carson Consultants LLC as is the
claims and notice agent.  The Debtors have tapped Jenner & Block
LLP as special counsel.

The primary purposes of the Plan are: (i) to provide for the sale
of substantially all of the Debtors' assets to Global Gaming
Legends, LLC, a Delaware limited liability company, Global Gaming
Vicksburg, LLC, a Delaware limited liability company and Global
Gaming Bossier City, LLC, a Delaware limited liability company,
pursuant to a  certain Purchase Agreement dated as of July 25,
2012; and (ii) to provide for payments and distributions to
creditors.


LEHMAN BROTHERS: Giddens Wants $260MM in Claims Reclassified
------------------------------------------------------------
Jonathan Randles at Bankruptcy Law360 reported that Lehman Brothers
Inc.'s liquidating trustee asked a New York bankruptcy court to
reclassify $260 million worth of claims brought under a deferred
compensation plan for executives and other employees of the failed
brokerage business.

Attorneys for James Giddens, LBI's liquidating trustee, filed a
motion arguing that the employees' claims should be denied priority
status and reclassified from secured to unsecured general creditor
claims.  Mr. Giddens said the change would allow him to release
money that has been set aside to cover the claims.

                     About Lehman Brothers

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

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

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

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

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

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

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

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

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


LERIN HILLS: Court Confirms Liquidating Plan
--------------------------------------------
MA Lerin Hills Holder, LP, et al., received an order confirming
their proposed Chapter 11 Plan of Liquidation.

Controlled by a receiver, the Debtors filed a liquidating plan that
gives up control of the assets to their lender.  The Plan
contemplates the transfer of substantially all of the Debtors'
assets, including the proceeds of all claims and causes of action
against third parties, to Putnam Funding III, LLC, in full and
final satisfaction of the Debtors' prepetition debt and DIP
financing obligations to Putnam.  

Putnam, which claims to be owed not less than $41.3 million as of
the Petition Date, and which has provided DIP financing to the
Debtor, agreed to contribute up to $1 million (the "GUC Claim
Fund") for the payment in full of allowed general unsecured claims
and up to an additional $1 million for the payment of allowed
administrative expenses and priority claims.

On the Effective Date, and after giving effect to the $2,000,000
contribution by Putnam to the Debtors to fund payments under the
terms of the Plan, the outstanding balance of the DIP Claims will
be not less than $3,506,825, including outstanding principal,
accrued interest, and related fees and expenses.

No objections to the Plan were filed except for the objections
filed by Abel Godines (and joined by Rafael Rios and J. Apolinar
Zepeda Sanchez) and by the United States Trustee.  The Debtors say
they have resolved the objections filed by every party-in-interest
other than that of the U.S. Trustee.

Classes 1, 2 and 3, which are impaired classes under the Plan,
voted to accept the Plan.  Class 5 rejected the Plan.

Judge Craig A. Gargotta on July 30 approved the Disclosure
Statement, set a Sept. 3 deadline for plan objections and ballots,
and set a Sept. 10 hearing to consider confirmation of the Amended
Plan of Liquidation.

Following the Sept. 10 hearing, Judge Gargotta entered an order
confirming the Plan after finding that the Plan complies with the
applicable provisions of the Bankruptcy Code, thereby satisfying 11
U.S.C. Sec. 1129(a)(1).

With respect to the sale of the assets, Putnam or its designee
pursuant to Section 6.2 of the Plan, the Court finds, among other
things:

  -- Putnam has formed two new entities, Mariposa Land Company LP
("New Landco") and Mariposa Development Corporation ("New Devco"
and, together with New Landco and Putnam and such other entities as
may serve as Putnam's designees, the "Putnam Purchasers") to act as
its assignees and designees for the purpose of holding the Assets
to be distributed, transferred and conveyed to the Prepetition
Lender pursuant to the Plan.

  -- The Sale of the Assets from the Debtors to the Putnam
Purchasers, all of which shall occur substantially simultaneously
on the Effective Date and without the need for any further act or
action by any party, is authorized and approved in all respects
pursuant to Sec. 363, 1123(a)(5)(D), 1123(b)(4) and 1141(c) of the
Bankruptcy Code.

  -- The Sale of the Assets to Putnam pursuant to Section 4.2 of
the Plan will be treated as a private sale to the Putnam Purchasers
pursuant to Section 363(b) in consideration of a credit bid
pursuant to Section 363(k) in an amount equal to the full amount of
the Prepetition Lender Claims.

  -- The sale is a prerequisite to the Debtors' ability to confirm
and consummate the Plan, and is made in contemplation of such Plan.
Accordingly, the sale is a transfer pursuant to section 1146(a) of
the Bankruptcy Code, which shall not be taxed under any law
imposing a stamp tax or similar tax.

The Debtor opposed a motion filed by Abel Godines to extend the
time to file an objection to the Chapter 11 plan and for a
continuance of the hearing.  The Debtor noted that the final DIP
order defines "default" to include the failure of the Debtors to
commence a hearing on the confirmation of a plan on or before the
expiration of 95 days after the Petition Date or Sept. 12, 2015.

A copy of the Plan Confirmation Order is available without charge
at:

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

A copy of the First Amended Disclosure Statement dated July 30,
2015.

      http://bankrupt.com/misc/MA_Lerin_H_1st_Am_DS.pdf

Copies of the Plan Supplements filed Aug. 24, 2015, is available
for free at:

      http://bankrupt.com/misc/MA_Lerin_H_Plan_Supp_1.pdf
      http://bankrupt.com/misc/MA_Lerin_H_Plan_Supp_2.pdf

                          Plan Objections

Prior to the hearing, two objections to the Plan were filed.

The U.S. Trustee objected to provisions in the Plan providing for
non-consensual releases of non-debtor entities in violation of 11
U.S.C. Sec. 524(e).

Joe Abel Godines asked the Court to reject the Chapter 11 Plan.
According to Mr. Godines, the Debtors have misrepresented the value
of their assets and have not proposed their Chapter 11 Plan in good
faith pursuant to 11 U.S.C. Sec. 1129(a)(3).   Mr. Godines says he
will show that the actual value of the Debtors' property is
substantially higher than that scheduled by Debtors and is high
enough to pay 100% of the outstanding debt, or alternatively high
enough for the unsecured creditors to share in a pool substantially
higher than the $1,000,000 being proposed should the Debtor be
liquidated under chapter 7.

                         About Lerin Hills

MA Lerin Hills Holder, LP, LH Devco, Inc., and Lerin Hills Utility
Inc., own 867 acres of real property known as the Lerin Hills
residential real estate development located in Boerne, Texas.  The
Lerin Hills project currently produces no cash flow, has run out of
cash and remains materially unfinished.

In December 2014, the companies defaulted on debt to Putnam Funding
III, LLC, which claims to be owed not less than $41.3 million as of
the Petition Date.  On April 7, 2015, at the behest of Putnam, the
216th Judicial District Court in Kendall County, Texas, appointed
Andrew S. Cohen as receiver for the assets.

On June 8, 2015, the Receiver filed Chapter 11 bankruptcy petitions
for MA Lerin Hills and its two affiliates (Bankr. W.D. Tex. Case
Nos. 15-51424 to 15-51426) in San Antonio, Texas.  The Receiver
immediately filed a Joint Chapter 11 Plan of Liquidating Plan for
the Debtors.  The Plan is being sponsored by Putnam.

The Debtors tapped Cox Smith Matthews Incorporated as attorneys.
Putnam tapped Akin Gump Strauss Hauer & Feld LLP as counsel.


LERIN HILLS: Debtors Declare Exit Plan Effective Sept. 11
---------------------------------------------------------
MA Lerin Hills Holder, LP, et al., served notice that their First
Amended Joint Chapter 11 Plan of Liquidation became effective on
Sept. 11, 2015.

According to the notice, the professional compensation claims
deadline is Oct. 12, 2015.  The bar date for rejection damages is
also Oct. 12, 2015.  The administrative claims bar date and the
claims objection deadline is Nov. 10, 2015.

                         About Lerin Hills

MA Lerin Hills Holder, LP, LH Devco, Inc., and Lerin Hills Utility
Inc., own 867 acres of real property known as the Lerin Hills
residential real estate development located in Boerne, Texas.  The
Lerin Hills project currently produces no cash flow, has run out of
cash and remains materially unfinished.

In December 2014, the companies defaulted on debt to Putnam Funding
III, LLC, which claims to be owed not less than $41.3 million as of
the Petition Date.  On April 7, 2015, at the behest of Putnam, the
216th Judicial District Court in Kendall County, Texas, appointed
Andrew S. Cohen as receiver for the assets.

On June 8, 2015, the Receiver filed Chapter 11 bankruptcy petitions
for MA Lerin Hills and its two affiliates (Bankr. W.D. Tex. Case
Nos. 15-51424 to 15-51426) in San Antonio, Texas.  The Receiver
immediately filed a Joint Chapter 11 Plan of Liquidating Plan for
the Debtors.  The Plan is being sponsored by Putnam.

The Debtors tapped Cox Smith Matthews Incorporated as attorneys.
Putnam tapped Akin Gump Strauss Hauer & Feld LLP as counsel.


LERIN HILLS: MUD Directors' Bid for Stay Relief Denied
------------------------------------------------------
Judge Craig A. Gargotta of the U.S. Bankruptcy Court for the
Western District of Texas, San Antonio Division, denied the request
of Gary P. Ard, et al., Directors of Lerin Hills Municipal Utility
District, to have the automatic stay in the Chapter 11 cases of MA
Lerin Hills Holder, L.P., et al., set aside as it pertains to a
non-judicial foreclosure by a receiver for property owned by the
Directors individually, for the specific purpose of obtaining
injunctive relief and hearing in Kendall County District Court,
State of Texas.

The Directors alleged that Receiver Andrew S. Cohen has threatened
them with foreclosure on September 1, 2015, under authority of
various Deeds of Trust, previously released, and absent conditions
precedent including proper notice pursuant to Chapter 51 of the
Texas Property Code. The Directors sought a hearing before the
Kendall County District Court to confirm the Receiver's lack of
equity, lien and conditions precedent.

The Debtors objected to the request.  According to the Debtors, the
Directors sought a Court order lifting the automatic stay to allow
them to challenge the extent and validity of liens held by Holdco,
a Debtor and Debtor-in-Possession.  The Directors also sought to
lift the automatic stay to assert and litigate to judgment a claim
for alleged wrongful foreclosure by a Debtor and
Debtor-in-Possession.  The Directors also want to prevent the
Debtors from maximizing the assets of the estate and carrying out
their fiduciary duties by allowing the Directors to remain in
control of MUD. The Debtors argue that the proposed actions of the
MUD Directors seek to divest the Court of authority to hear and
determine core matters, to litigate claims against the Debtors and,
at a minimum, to adversely affect the "value of the Property."

Putnam Bridge Funding III, LLC also filed an Objection to the
request.

Gary P. Ard, et al. are represented by:

          Charles Sullivan, Esq.
          SULLIVAN & ASSOCIATES, PLLC
          308 Campbell Drive
          Canyon Lake, TX 78133
          Telephone: (830)899-3259
          Facsimile: (210)579-6448
          Email: csullivan@lawcsullivan.com

MA Lerin Hills Holder, LP, and its affiliated Debtors are
represented by:
               
          Deborah D. Williamson, Esq.
          DYKEMA COX SMITH
          112 East Pecan Street, Suite 1800
          San Antonio, TX 78205
          Telephone: (210)554-5500
          Facsimile: (210)226-8395
          Email: dwilliamson@dykema.com

Putnam Bridge Funding III, LLC is represented by:

          Michael Cooley, Esq.
          AKIN GUMP STRAUSS HAUER & FELD LLP
          1700 Pacific Avenue, Suite 4100
          Dallas, TX 75201
          Telephone: (214)969-2723
          Facsimile: (214)969-4343
          Email: mcooley@akingump.com

               - and -

          Daniel McNeel Lane, Jr., Esq.
          Dennis J. Windscheffel, Esq.
          AKIN GUMP STRAUSS HAUER & FELD LLP
          300 Convent Street, Suite 1600
          San Antonio, TX 78205
          Telephone: (210)281-7000
          Facsimile: (210)224-2035
          Email: nlane@akingump.com
                 dwindscheffel@akingump.com

                 About MA Lerin Hills Holder, LP

MA Lerin Hills Holder, LP, LH Devco, Inc., and Lerin Hills Utility
Inc., own 867 acres of real property known as the Lerin Hills
residential real estate development located in Boerne, Texas.  The
Lerin Hills project currently produces no cash flow, has run out of
cash and remains materially unfinished.

In December 2014, the companies defaulted on debt to Putnam Funding
III, LLC, which claims to be owed not less than $41.3 million as of
the Petition Date.  On April 7, 2015, at the behest of Putnam, the
216th Judicial District Court in Kendall County, Texas, appointed
Andrew S. Cohen as receiver for the assets.

On June 8, 2015, the Receiver filed Chapter 11 bankruptcy petitions
for MA Lerin Hills and its two affiliates (Bankr. W.D. Tex. Case
Nos. 15-51424 to 15-51426) in San Antonio, Texas.  The Receiver
immediately filed a Joint Chapter 11 Plan of Liquidating Plan for
the Debtors.  The Plan is being sponsored by Putnam.

The Debtors tapped Cox Smith Matthews Incorporated as attorneys.
Putnam tapped Akin Gump Strauss Hauer & Feld LLP as counsel.


LONGVIEW POWER: Court Issues Final Decree Closing Ch. 11 Case
-------------------------------------------------------------
The Hon. Brendan L. Shannon of the U.S. Bankruptcy Court for the
District of Delaware issued a final decree closing the Chapter 11
cases of Longview Power LLC and its debtor-affiliates.

As reported in the Troubled Company Reporter on Sept. 15, 2015, the
Debtors told the Court that all issues, with the exception of the
Remaining Claims, have been fully resolved.  The limited amount of
unresolved issues in the Chapter 11 cases -- less than 20 general
unsecured claims -- will not prejudice any party in interest or
otherwise negatively affect the resolution of the Remaining Claims,
which the Reorganized Debtors anticipate will be resolved without
the need to come before the Court.

Accordingly, in light of the consummation of the Plan and the
restructuring contemplated thereby, and the substantial resolution
of nearly all claims left in these chapter 11 cases, the
Reorganized Debtors submit that the administration of these chapter
11 cases is no longer necessary and a final decree is warranted
under the circumstances.

                          About Longview Power

Longview Power LLC is a special purpose entity created to
construct, own, and operate a 695 MW supercritical pulverized
coal-fired power plant located in Maidsville, West Virginia, just
south of the Pennsylvania border and approximately 70 miles south
of Pittsburgh.  The project is owned 92% by First Reserve
Corporation (First Reserve or sponsor), a private equity firm
specializing in energy industry investments, through its affiliate
GenPower Holdings (Delaware), L.P., and 8% by minority interests.

Longview Power, LLC, filed a Chapter 11 (Bank. D. Del. Lead Case
13-12211) on Aug. 30, 2013.  The petitions were signed by Jeffery
L. Keffer, the Company's chief executive officer, president,
treasurer and secretary.  The Debtor estimated assets and debts of
more than $1 billion.  Judge Brendan Linehan Shannon presides over
the case.  Kirkland & Ellis LLP and Richards, Layton & Finger,
P.A., serve as the Debtors' counsel.  Lazard Freres & Company LLC
acts as the Debtors' investment bankers.  Alvarez & Marsal North
America, LLC, is the Debtors' restructuring advisors.  Ernst &
Young serves as the Debtors' accountants.  The Debtors' claims
agent is Donlin, Recano & Co. Inc.

The Debtor disclosed assets of $1.72 billion plus undisclosed
amounts and liabilities of $1.08 billion plus undisclosed amounts.

A committee of unsecured creditors has not been appointed in the
case due to insufficient response to the U.S. Trustee's
communication/contact for service on the committee.

Judge Brendan Linehan Shannon on March 16, 2015, confirmed the
Debtors' Second Amended Joint Plan of Reorganization.  The Plan
incorporates the settlement among the Debtors, First American
Title
Insurance Company, and their contractors Amec Foster Wheeler North
America, Kvaerner, and Siemens Energy, Inc.


MDC HOLDINGS: Moody's Puts Ba1 CFR on Review for Downgrade
----------------------------------------------------------
Moody's Investors Service placed the Ba1 Corporate Family Rating of
M.D.C. Holdings, Inc. on review for downgrade.  This review was
prompted by MDC's continued underperformance vs. Moody's
expectations for its earnings growth and improvement in its key
credit metrics.

Issuer: M.D.C. Holdings, Inc.

  Corporate Family Rating, Ba1, Review for Downgrade
  Probability of Default Rating, Ba1-PD, Review for Downgrade
  Multiple Seniority Shelf (Local Currency) due 2016, (P)Ba1,
   Review for Downgrade
  Senior Unsecured Regular Bond/Debenture (Local Currency), Ba1
   (LGD4), Review for Downgrade

Outlook Actions:
  Outlook, Changed To Rating Under Review From Stable

Affirmations:
  Speculative Grade Liquidity Rating, Affirmed SGL-2

RATINGS RATIONALE

The review, which will conclude within 60 days, will focus on how
the company can improve its credit metrics and bring them more in
line with a Ba1 rating.  Its growth over the last couple of years
has been lackluster compared to that of its peers, and some of its
key credit metrics are in the lower quintile of the Moody's rated
homebuilding universe.  While its conservative financial policy,
low debt leverage, and a history of strong creditor protection had
supported its ratings, its recent underperformance has
significantly weakened its position.  The key question is if the
company can benefit from the recovery in the housing market,
improve its performance, and narrow the credit metrics' gap with
its peers.

Based in Denver, Colorado, MDC, whose subsidiaries build homes
under the name "Richmond American Homes," is a mid-sized national
homebuilder.  The company also provides mortgage financing,
primarily for MDC's home buyers, through its wholly owned
subsidiary, HomeAmerican Mortgage Corporation.  MDC has
homebuilding divisions across the country, including Denver,
Colorado Springs, Salt Lake City, Las Vegas, Phoenix, Tucson,
California, Northern Virginia, Maryland, Jacksonville and Orlando,
South Florida, and Seattle.  For the trailing 12 months ended
June 30, 2015, total revenues were approximately $1.7 billion and
consolidated net income was $59 million.

The principal methodology used in these ratings was Homebuilding
and Property Development Industry published in April 2015.



NEW CENTAUR: S&P Affirms 'B' CCR Then Withdraws Rating
------------------------------------------------------
Standard & Poor's Ratings Services said it affirmed its ratings,
including the 'B' corporate credit rating, on Indianapolis,
Ind.-based gaming operator New Centaur LLC.

"We subsequently withdrew all of the ratings at the request of the
issuer, including the corporate credit rating and the 'BB-' and 'B'
issue-level ratings on the first- and second-lien credit
facilities, respectively," said Standard & Poor's credit analyst
Stephen Pagano.



NORTEL NETWORKS: Files Status Report on Sterling Mets Suit
----------------------------------------------------------
Nortel Networks Inc. filed with the U.S. Bankruptcy Court in
Delaware a status report on the case it filed against Sterling Mets
LP and several other companies.

Nortel disclosed that the defendants and the company have
stipulated to a revised schedule in the preference action and the
contested matter regarding its objection to claims filed by Queens
Ballpark Company LLC.

Discovery in the preference action will be conducted in parallel
with discovery in the contested matter to the extent such discovery
in the preference action promotes judicial economy and avoids
unnecessary costs and duplication, according to the report.

Pursuant to the scheduling order entered on April 14, the deadline
for the completion of written fact discovery in the preference
action is extended to October 20, subject to further negotiation by
the parties.

The case is styled Nortel Networks Inc. v. Sterling Mets LP, et
al., Adv. Proc. No. 10-55903.

                     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.

According to The Wall Street Journal, 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.


NORTEL NETWORKS: Says EMEA Unit Should Be Spared From IP Suit
-------------------------------------------------------------
Matt Chiappardi at Bankruptcy Law360, reported that the European
units of Nortel Networks Inc. urged a Delaware bankruptcy judge on
Sept. 8, 2015, not to allow them to be joined to a software
copyright infringement and breach-of-contract dispute aimed at the
defunct telecom's U.S. arm, arguing that determination of their
liability must be made by a U.K. court.

During a hearing in Wilmington, an attorney for the bankruptcy
estates of Nortel's European, Middle Eastern and African units,
known as the EMEA debtors, argued that his clients should not be
joined to the long running claims.

                       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.

According to The Wall Street Journal, 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.


OMEGA HEALTHCARE: S&P Raises Corp. Credit Rating From 'BB+'
-----------------------------------------------------------
Standard & Poor's Ratings Services raised its corporate credit
rating on Omega Healthcare Investors Inc. to 'BBB-' from 'BB+'. The
outlook is stable.  The issue-level rating on the company's senior
unsecured notes is unchanged at 'BBB-'.

"The upgrade acknowledges Omega's smooth integration of the merger
with Aviv REIT that was completed on April 1, 2015, as well as an
improved competitive position bolstered by increased scale and
tenant diversification," said credit analyst Michael Souers.  "We
also acknowledge the company's progress in further strengthening
its balance sheet and reducing leverage."

The outlook is stable.  S&P expects stable cash flows from Omega's
portfolio of triple-net leased properties and believe tenant-level
rent coverage will remain relatively flat in a generally unchanged
reimbursement environment.  S&P projects a modest improvement to
Omega's credit metrics in 2016, aided by full-year EBITDA
contribution from the merger with Aviv, with debt to EBITDA
declining to the high-4x range.

S&P would consider a downgrade if operating results deteriorate
significantly, potentially driven by reimbursement issues that
cause rent coverage levels to drop meaningfully.  Moreover, S&P
would also consider lowering the rating if the company pursued
large debt-financed acquisitions that caused debt to EBITDA to rise
above 6.5x for a sustained period, given the potential volatility
associated with government reimbursement programs.

An upgrade is not likely in the next year given S&P's view of the
reimbursement risk inherent with the skilled nursing business and
current pressures facing some of Omega's tenants.  However, S&P
would consider raising the rating if Omega finances acquisitions
with an even greater proportion of equity such that debt to EBITDA
declines below 3.5x and debt to undepreciated capital falls below
35% for a sustained period.



ONE SOURCE: Secured Creditors Object to Reorganization Plan
-----------------------------------------------------------
Mercedes-Benz Financial Services USA LLC and certain taxing
entities have conveyed objections to One Source Industrial
Holdings, LLC's Reorganization Plan.

Mercedes, which claims to have a perfected security interest in two
2014 Freightliner 122SD vehicles, says the Plan does not provide
how the allowed secured claims of Mercedes are to be paid. It adds
that the Plan does not provide for Mercedes to retain its lien
until its allowed secured claim is paid in full and therefore does
not comply with 11 U.S.C. Sec. 1129(b)(2)(A)(i)(I).

Wells Fargo Bank, N.A., which asserts a secured claim of $59,666 on
account of a 2014 Chevrolet Silverado delivered to the Debtor, said
the Debtor has listed the vehicle at a value of $53,578.  Wells
Fargo asks the Court to order Debtor to modify the Plan to increase
the value to $59,666 to be repaid at the contract rate of
interest.

La Porte Tax Office, Clear Creek Independent School District, Clear
Lake Water Authority, City of Houston, Lubbock Central Appraisal
District, Midland County, and Andrews County (the "Taxing
Entities"), which timely filed proofs of claim for taxes assessed
on tangible business personal property of the Debtors, object to
the confirmation of the Plan to the extent it does not provide
adequate protection for their secured tax claims.  The Taxing
Entities note that although the Plan defines a Capital Reserve
Account it does not appear to provide any information as to how
this account will be funded and whether it will be sufficient to
pay the Taxing Entities’ claims.

Mercedes-Benz Financial Services USA is represented by:

         Stephen G. Wilcox, Esq.
         WILCOX LAW, PLLC
         P.O. Box 201849
         Arlington, TX 76006
         Tel: (817) 870-1694
         Fax: (817) 870-1181
         E-mail: swilcox@wilcoxlaw.net

Wells Fargo is represented by:

         Sidney H. Scheinberg, Esq.
         GODWIN LEWIS PC
         1201 Elm Street, Suite 1700
         Dallas, TX 75270
         Tel: (214) 939-4501
         Fax: (214) 527-3116
         E-mail: Sid.Scheinberg@GodwinLewis.com

La Porte Tax Office, et al., are represented by:

         PERDUE, BRANDON, FIELDER, COLLINS & MOTT, LLP
         Elizabeth Banda Calvo, Esq.
         500 E. Border St., Suite 640
         Arlington, TX 76010
         Phone: (817) 461-3344
         FAX: (817) 860-6509
         E-mail: ebcalvo@pbfcm.com

                 - and -

         Owen Sonik, Esq.
         PERDUE, BRANDON, FIELDER COLLINS & MOTT, L.L.P.
         1235 North Loop West, Suite 600
         Houston, Texas 77008
         Phone: (713) 802-6969
         Fax: (713) 862-1429
         E-mail: osonik@pbfcm.com

                      The Reorganization Plan

The Debtors on July 14, 2015, filed a Joint Plan of Reorganization
that provides that:

  -- The holder of the Class 1 – Texas Sales Tax Claim will
receive annual cash payments for five years, with interest at 5
percent per annum.

  -- Each holder of a Class 2 – Secured Tax Claim will receive,
at the Debtor's option, (a) the amount of the claim in one cash
payment on the initial distribution date, or (b) annual cash
payments for five years, with interest at 5 percent per annum.

   -- Each holder of Class 3 – Secured Claims and Class - 4 Other
Secured Claims will receive, either (a) return of the collateral
securing the claim in full satisfaction of the Allowed Ally Secured
Claim; (b) payment in Cash in an amount equivalent to the lesser of
(i) the value of such collateral or (ii) the full amount of the
allowed secured Claim; (c) treatment of the secured claim in
accordance with Sections 1124(2) or 1129(b)(2) of the Bankruptcy
Code; or (d) such other treatment as may be agreed to in writing by
the holder of the claim and the Debtors.

   -- Each holder of a Class 5 – Priority Non-Tax Claims will
receive the amount of such holder's allowed claim in one cash
payment on or before the initial distribution date.

   -- The Allowed Class 6 - Amegy Bank Claim will be satisfied in
full by the Debtors’ assumption of the Factoring Agreement as
described in section 10.02 of the Plan.

   -- Each holder of a Class 7 – General Unsecured Claim will
receive, on or before the initial distribution date and not less
than 60 days after the end of each calendar quarter thereafter
until the earlier of (a) the payment of such allowed general
unsecured claim in full, or (b) 60 months after the Effective Date,
a Pro Rata Share of 50% of all Available Net Free Cash Flow of
Reorganized Debtor, if any, as reflected in Reorganized Debtor’s
books and records as of the end of the calendar quarter immediately
preceding each such Distribution date. The remaining 50% of the
Available Net Free Cash Flow shall be paid in the Capital Reserve
Account.

   -- All Class 8 – Interests will be extinguished and shall
cease to exist as of the Effective Date.  The holders of such
interests shall not receive or retain any property on account of
such Interests under the Plan.

Class 6 (Amegy Bank Claim) is unimpaired under the Plan.  Every
other Class in the Plan is impaired.

A copy of the Plan is available for free at:

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

                   About One Source Industrial

One Source Industrial Holdings, LLC, and One Source Industrial LLC
are both limited liability companies that are part of a corporate
family of affiliated companies.

One Source Industrial Holdings holds equipment utilized by various
related entities which provide rental equipment and industrial
services to businesses in the oil and gas, refining, manufacturing,
pipeline, shipping, and construction industries.  The types of
equipment possessed by One Source include, e.g., hazardous material
transportation vehicles, frac tanks, tank trailers, barrel mix tank
and vacuum tankers, air machines, and waste and other industrial
boxes and tanks.  Industrial provides executive management,
accounting, and overhead services for Holdings.

One Source Holdings sought Chapter 11 bankruptcy protection (Bankr.
N.D. Tex. Case No. 14-44996) in Ft. Worth, Texas, on Dec. 16, 2014.
One Industrial sought Chapter 11 bankruptcy protection (Bankr.
N.D. Tex. Case No. 15-400038) on Jan. 4, 2015.

On Jan. 9, 2015, the Court approved the joint administration of the
Debtors' cases for procedural purposes only.

Holdings' case is assigned to Judge Russell F. Nelms.

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

The Debtors are represented by J. Robert Forshey, Esq., and Suzanne
K. Rosen, Esq., at Forshey & Prostok, LLP, in Ft. Worth, Texas.

No creditor's committee has been appointed in the cases.  Further,
no trustee or examiner has been requested or appointed in the
Debtors' Chapter 11 cases.


OPTIMUMBANK HOLDINGS: In Technical Default Under $5.15M Debenture
-----------------------------------------------------------------
OptimumBank Holdings, Inc., is in technical default under a
$5,155,000 junior subordinated debenture to an unconsolidated
subsidiary.  The holder of the Debenture has the right to
accelerate the outstanding principal balance of $5,155,000, plus
all accrued interest.

The Debenture has a term of 30 years.  The terms of the Debenture
allow the Company to defer payments of interest on the Debenture by
extending the interest payment period at any time during the term
of the Debenture for up to twenty consecutive quarterly periods.

The Company exercised its right to defer the payment of interest on
the Debenture through June 30, 2015, which was the end of the
deferral period.  Interest payments deferred as of June 30, 2015,
totaled $872,000.  The Company did not make the payment of interest
due on June 30, 2015.  As of Sept. 18, 2015, the holder of the
Debenture had not accelerated the debt.

Moishe Gubin, a director of the Company, is seeking to purchase the
Debenture and, if successful, has agreed to provide the Company
with an extension of its obligations under the Debenture.

In October 2014, Mr. Gubin made an offer to purchase the Debenture
from the trust that holds the Debenture.  In December 2014, the
trustee of the Trust commenced an interpleader action in the United
States District Court for the Southern District of New York, in
which it requested judicial guidance with respect to whether it was
authorized to sell the Debenture to Mr. Gubin.

On Aug. 31, 2015, the court held that the Trustee could not sell
the Debenture to Mr. Gubin because certain conditions and
requirements set forth in the indenture for the Trust had not been
fulfilled.

Mr. Gubin intends to continue his efforts to acquire the Debenture.
If his efforts are successful, and the sale is completed, then Mr.
Gubin would agree to provide the Company with an extension of its
obligations under the Debenture on terms to be negotiated by the
Company and Mr. Gubin.

Due to the litigation involving the Debenture, and based on the
advice of legal counsel, it is not possible for the Company to
determine whether or when the purchase will be consummated.
Therefore, the Company is continuing to pursue other mechanisms for
paying the accrued interest.

                     About OptimumBank Holdings

OptimumBank Holdings, Inc., headquartered in Fort Lauderdale,
Fla., is a one-bank holding company and owns 100 percent of
OptimumBank, a state (Florida)-chartered commercial bank.

The Company offers a wide array of lending and retail banking
products to individuals and businesses in Broward, Miami-Dade and
Palm Beach Counties through its executive offices and three branch
offices in Broward County, Florida.

Optimumbank reported net earnings of $1.6 million on $5.39 million
of total interest income for the year ended Dec. 31, 2014, compared
to a net loss of $7.07 million on $5.28 million of total interest
income for the year ended Dec. 31, 2013.

As of June 30, 2015, the Company had $132.6 million in total
assets, $129.7 million in total liabilities and $2.9 million in
total stockholders' equity.

Hacker, Johnson & Smith PA, in Fort Lauderdale, Florida, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2014.  The independent
auditors noted that the Company is in technical default with
respect to its Junior Subordinated Debenture.  The holders of the
Debt Securities could demand immediate payment of the outstanding
debt of $5,155,000 and accrued and unpaid interest, which raises
substantial doubt about the Company's ability to continue as a
going concern.

Effective April 16, 2010, the Bank consented to the issuance of a
consent order by the Federal Deposit Insurance Corporation and the
Florida Office of Financial Regulation.


ORBITZ WORLDWIDE: S&P Withdraws 'B+' CCR on Completed Acquisition
-----------------------------------------------------------------
Standard & Poor's Ratings Services said it withdrew its ratings,
including its 'B+' corporate credit rating, on Chicago-based Orbitz
Worldwide Inc. following the completion of Expedia Inc.'s
acquisition of the company.  The company completed the transaction
at $12 per share in cash, representing an enterprise value of about
$1.6 billion, in line with S&P's expectations.


OVERSEAS SHIPHOLDING: Moody's Confirms B2 CFR, Outlook Positive
---------------------------------------------------------------
Moody's Investors Service confirmed its ratings assigned to
Overseas Shipholding Group, Inc. ("OSG"): Corporate Family Rating
of B2, Probability of Default Rating (PDR) of B2-PD, first lien
senior secured of B1, LGD3, first lien super priority senior
secured of Ba2, LGD1 and senior unsecured of Caa1, LGD6.  Moody's
also changed the Speculative Grade Liquidity rating to SGL-2 from
SGL-3.  The outlook is positive.  This action resolves the review
for upgrade initiated on June 16, 2015, when Moody's changed its
approach for standard adjustments for operating leases.

RATINGS RATIONALE

The positive outlook reflects the potential for OSG to further
strengthen credit metrics into 2016.  Higher than expected
operating cash flow from stronger market freight rates for
international tankers in 2015 enhances the existing pool of cash of
$646 million at the company's disposal at June 30, 2015.  The
current forward curve for Brent retains a modest positive slope,
leading to a barrel price of still below $60 in December 2017.
These price levels imply that demand for crude and refined products
can be sustained over this period, which should lessen significant
downwards pressure on freight rates for international tankers.
While OSG has yet to articulate how it will deploy its cash hoard,
Moody's continues to believe that OSG will use some of this cash to
add vessels to the international fleet.  Moody's believes that
there is at least $200 million of cash at the parent company
following the $200 million dividend from OSG International that
occurred this past June, following the amendment of the company's
credit agreements.  This cash at the parent is freely available for
returns to shareholders, should the board choose to do so.  Given
the distribution of cash across the holding company and the
intermediate holding companies that are the primary borrowers under
their respective credit agreements, Moody's believes that funded
debt could increase should the company grow the fleet as Moody's
anticipates.  Vessel purchase prices and related earnings will
determine the effect on credit metrics and influence the momentum
of any ratings upgrade.

The adoption in June 2015 of a three times multiple when
capitalizing operating leases for shipping companies supports
Moody's expectation of sustained stronger credit metrics.  Moody's
reduced its debt adjustment for OSG to $465 million from about $1.2
billion, providing a more than 1.5 turn decrease in projected Debt
to EBITDA to about 4.3 times and an increase in estimated FFO +
Interest to Interest to about 2.6 times from about 2.4 times at
Dec. 31, 2015.

The B2 Corporate Family rating considers OSG's leading position in
the U.S. Jones Act and international crude and refined petroleum
products transportation markets.  Freight rates for the company's
international tankers continue to exceed Moody's estimates at the
time the company exited bankruptcy, leading to better margins and
operating cash flow, which will help strengthen credit metrics
within the single-B rating category.

Favorable fundamentals of the U.S. Jones Act market and that this
subsidiary's fleet is mostly contracted out further support the
ratings.  The flexibility gained from the amendments to the credit
agreements in June 2015 and room under the Debt to EBITDA covenants
that limit indebtedness set the stage for acquisitive growth, which
could be debt-funded, in either segment.  Moody's believes that the
good fundamentals in the Jones Act trades will continue, even when
newly-built Jones Act product tankers begin to enter the market in
2016 and as incremental barge capacity (articulated tug barges or
ATBs) enters the fleet in upcoming years.  Moody's expects
continuing demand for movement of shale oil and refined products to
and from the Louisiana Gulf Coast refineries, as well as across the
other U.S. coastal trades. Moody's assumption of steady demand, the
contracted nature of the Jones Act operations and the
attractiveness to customers of the relatively young product tanker
fleet should support earnings and cash flow generation for years to
come.

A Speculative Grade Liquidity Rating of SGL-2 signifies good
liquidity.  The large cash balances at each borrowing or debt
issuing entity, expectations of positive free cash flow of more
than $100 million before any investments in fleet growth,
sufficient room under incurrence covenants and the mostly
interest-only debt service burden in advance of the next maturity
of unsecured notes in 2018 support the change in the SGL rating.

The ratings could be upgraded if OSG deploys its cash in a manner
that does not weaken its credit metrics relative to Moody's
expectation at year-end 2015.  Using more of the cash for fleet
investments rather than returns to shareholders would limit
potential increases in debt and could be supportive of an upgrade.
Clarity on the company's fleet plan and financial policy will
identify the extent to which funded debt might increase and the
related effect on credit metrics.  FFO + Interest to Interest that
approaches 3.0 times, Retained Cash Flow to Net Debt sustained in
excess of 15% and Debt to EBITDA that is sustained below 4.5 times
could support an upgrade.  Repayments of debt, whether voluntary or
pursuant to the excess cash flow sweeps in the respective credit
agreements will be important to sustaining stronger credit
metrics.

The ratings could be downgraded if unrestricted cash is sustained
below $100 million or the company becomes reliant on at least one
of the revolvers to meet working capital needs.  Debt to EBITDA
sustained above 6.5 times, FFO + Interest to Interest that
approaches 2.0 times, a decline in the EBIT margin to the 12%
range, Retained Cash Flow to Net Debt that approaches 8% or
sustained negative free cash flow generation could pressure the
ratings.

Overseas Shipholding Group, Inc. ("OSG"), a Delaware Corporation
headquartered in New York, New York, is one of the larger players
in the ocean transportation of crude oil and petroleum products.
The company operates separate fleets of internationally-flagged
tankers trading in international markets through its intermediate
holding company subsidiary OSG International, Inc. ("OIN") and US
Jones Act qualified vessels trading mainly in US coastal markets
through its intermediate holding company subsidiary OSG Bulk Ships,
Inc. ("OBS").  These two subsidiaries are the respective primary
obligors of the rated credit facilities, which OSG and their
respective operating subsidiaries guaranty.

Raised Ratings:

Issuer: Overseas Shipholding Group, Inc.
  Speculative Grade Liquidity Rating, Raised to SGL-2 from SGL-3

Outlook Actions:

  Issuer: OSG Bulk Ships, Inc.
  Outlook, Changed To Positive From Rating Under Review

Issuer: OSG International, Inc.
  Outlook, Changed To Positive From Rating Under Review

Issuer: Overseas Shipholding Group, Inc.
  Outlook, Changed To Positive From Rating Under Review

Confirmations:

Issuer: OSG Bulk Ships, Inc.
  Senior Secured Bank Credit Facility, Confirmed at B1 (LGD3)

Issuer: OSG International, Inc.
  Senior Secured Bank Credit Facility, Confirmed at B1 (LGD3)
  Senior Secured Bank Credit Facility, Confirmed at Ba2 (LGD1)

Issuer: Overseas Shipholding Group, Inc.
  Probability of Default Rating, Confirmed at B2-PD
  Corporate Family Rating, Confirmed at B2
  Senior Unsecured Regular Bond/Debenture, Confirmed at Caa1
   (LGD6)

The principal methodology used in these ratings was Global Shipping
Industry published in February 2014.



PATRIOT COAL: Blackhawk Wins Auction for Majority of Assets
-----------------------------------------------------------
Patriot Coal Corporation (OTC Pink: PATCA), a producer and marketer
of coal in the eastern United States, on Sept. 22 announced that,
following a competitive auction, it is proceeding with a
transaction to sell a substantial majority of its operating assets
to Blackhawk Mining, LLC.  Patriot will seek Court approval of the
transaction at a Bankruptcy Court hearing scheduled for Oct. 5,
2015.

Bob Bennett, President and Chief Executive Officer of Patriot,
said, "The auction process was robust and competitive. We are
pleased with the results of the auction and believe that the
proposed transaction with Blackhawk is in the best interest of
Patriot, and its employees and stakeholders.  We look forward to
obtaining confirmation of our plan and consummating this
transaction, and are gratified to have a solution that preserves
jobs in West Virginia, helps ensure environmental obligations are
handled in a responsible manner and maximizes value for creditors.
As we work to complete the sale process, we remain committed to
operating safely and serving our customers."

The transaction with Blackhawk is subject to court approval and
confirmation of Patriot's proposed plan of reorganization, as well
as certain other customary conditions.  Coronado Coal LLC, which
also submitted a qualified bid and participated in the auction, was
designated the backup bidder should the Blackhawk transaction not
be approved.

                          *     *     *

Peg Brickley, writing for Dow Jones' Daily Bankruptcy Review,
reported Blackhawk President Nick Glancy said the win was "an
expected result" at an auction that began Sept. 21 and wrapped up
morning of Sept. 22 in New York.

                     About Blackhawk Mining

Blackhawk Mining, LLC is a privately owned coal producer operating
in Central Appalachia and the Illinois Basin, with 5 active mining
complexes.  Blackhawk mines, processes and sells bituminous
thermal, PCI, stoker and industrial grade metallurgical coal to
domestic and international electric utilities, steel producers and
industrial customers.

                        About Patriot Coal

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

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

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

Patriot Coal estimated more than $1 billion in assets and debt.

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

The U.S. trustee overseeing the Chapter 11 case of Patriot Coal
Corp. appointed seven creditors of the company to serve on the
official committee of unsecured creditors.  The Committee is
represented by Morrison & Foerster LLP as its counsel, and Tavenner
& Beran, PLC, as its local counsel.  Jefferies LLC serves as its
investment banker.

The directed the U.S. Trustee to form an official committee of
retirees at the behest of Patriot Coal Non-Union Retiree VEBA.
The Retiree Committee is represented by Schnader Harrison Segal &
Lewis LLP.

Proposed buyer, Blackhawk Mining LLC, is represented by Latham &
Watkins LLP, in New York.  VCLF is represented by Pillsbury
Winthrop Shaw Pittman LLP.

                           *     *     *

Judge Keith L. Phillips will convene hearings on Oct. 5 and 6,
2015, to consider confirmation of the Debtors' Fourth Amended
Plan.

The Plan is predicated on, among other things, the agreement of
Blackhawk Mining LLC to purchase certain of the Debtors' assets and
assume certain liabilities, absent higher and better offers.  The
Plan further contemplates that Virginia Conservation Legacy Fund
and its affiliate ERP Compliant Fuels, LLC (collectively, "VCLF")
will acquire the Federal No. 2 longwall mine, a 1,350 TPH
preparation plant, and certain related assets (the "Federal
Complex") and certain other Blackhawk excluded assets.



PILOT TRAVEL: Moody's Assigns Ba2 Rating on New $700MM Secured Loan
-------------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to Pilot Travel
Centers LLC's proposed new $700 million senior secured term loan.
Additionally Moody's affirmed the company's Corporate Family Rating
at Ba2 and its Probability of Default rating at Ba3-PD. Moody's
affirmed the rating of Pilot's $1,000 million senior secured
revolving credit facility, its $1,500 million senior secured term
loan A-1 and A-2 and its $1,950 million senior secured term loan B
at Ba2.

At the same time, the ratings outlook was changed to positive from
stable.

Proceeds of the new credit facility will be used to fund a
shareholder distribution which will result in the reduction of CVC
Capital Partners' ownership interest to zero from its current
ownership interest of about 9%.  Ratings are subject to
satisfactory review of documentation.

RATINGS RATIONALE

The change in outlook to positive acknowledges Pilot's strong
operating performance which Moody's believes will continue.
"Pilot's strong operating performance supports it maintaining
leverage below 3.5 times and strong interest coverage of over 5.0
times, despite the increase in debt to finance the shareholder
distribution and the possibility of an erosion in fuel margins in
the next 12-18 months", Moody's Senior Analyst Mickey Chadha
stated.  "Although Pilot derives 90% of its topline from fuel
sales, close to half its gross profit is generated through higher
margin non-fuel merchandise making its earnings less volatile in
light of fluctuating fuel margins", Chadha further stated.

Pilot's Ba2 Corporate Family Rating reflects the company's good
debt protection metrics, meaningful scale, geographic reach,
diverse profit stream, and good liquidity.  Pilot generates a large
portion of its fuel revenues from diesel and diesel exhaust fluid
through direct billing agreements with trucking fleets, which adds
to the predictability of its revenue stream and further reduces its
earnings volatility.  Pilot supplies diesel fuel to the majority of
the 100 largest long haul trucking fleets in the US and is the
number one supplier of diesel fuel volumes in the country.  The
ratings are constrained by Pilot's reliance on high volume, low
margin fuel sales, some regional concentration, and concern that
financial policies with respect to dividends and acquisitions could
become more aggressive.

These ratings are affirmed:

  Corporate Family Rating at Ba2
  Probability of Default Rating at Ba3 - PD
  $1,000 million senior secured revolving credit facility due 2019

   at Ba2 LGD3
  $985 million senior secured term loan A-1 due 2019 at Ba2 LGD3
  $515 million senior secured term loan A-2 due 2019 at Ba2 LGD3
  $1,950 million senior secured term loan B due 2021 at Ba2 LGD3

These ratings are assigned:

Proposed new $700 million senior secured term loan A-3 due 2019 at
Ba2 LGD3

The positive outlook reflects the increased likelihood that the
company's ratings will be upgraded in the next 12-18 months if
operating performance and profitability remain strong resulting in
credit metrics remaining at levels indicative of a higher rating.

An upgrade would require Pilot's operating performance remaining
solid in light of our expectation that fuel margins may decline to
more normalized levels from the record levels of late 2014 and
early 2015 with gross margins from Pilot's non- fuel businesses
remaining stable.  A higher rating would also require very good
liquidity.  Quantitatively, an upgrade would require debt to EBITDA
sustained below 3.5 times and EBIT to interest sustained above 4.0
times.

A downgrade could occur in the event that liquidity contracted
beyond current levels or debt protection metrics weaken due to a
sustained deterioration in operating performance.  The adoption of
an aggressive financial policy or growth strategy that negatively
impacted debt protection metrics or liquidity could also pressure
the ratings.  Specifically, ratings could be downgraded if debt to
EBITDA exceeded 4.5 times on a sustained basis or if EBIT to
interest is sustained below 2.75 times.

Pilot Travel Centers LLC is a partnership that owns and operates
over 500 truck stops across the U.S. and Canada.  In addition to
fuel, Pilot locations have convenience stores, fast food
restaurants, and other amenities.  Annual revenues are
approximately $31 billion.

The principal methodology used in this rating was the Global Retail
Industry published in June 2011.



PILOT TRAVEL: S&P Retains 'BB+' Rating on Revised Recovery Rating
-----------------------------------------------------------------
Standard & Poor's Ratings Services revised its recovery rating on
Pilot Travel Center LLC's $4.45 billion senior secured debt to '4'
from '3', which does not result in a change to the 'BB+'
issue-level rating.  The rating action follows the company's plan
to upsize its term loan A to $2.2 billion from $1.5 billion.  The
'4' recovery rating on the credit facility reflects S&P's
expectation for average recovery of principal in the event of a
default.  S&P's recovery expectations are in the higher half of the
30% to 50% range.  All other ratings, including the 'BB+' corporate
credit rating and stable outlook, on the company remain unchanged.

S&P expects the company to use $700 million in debt proceeds and
$207 million of cash to redeem the equity of minority equity
holder, CVC Capital Partners Ltd., and make a $291 million dividend
payment to shareholders.

Leverage pro forma for the upsizing increases to roughly 2.9x from
2.3x as of June 30, 2015.  Pro forma FFO to debt was roughly 32%,
down from 38%.  S&P believes the company will continue generating
good cash flow and that debt to EBITDA (adjusted for operating
leases) will remain in 3x area over the intermediate term.

S&P's corporate credit rating on Pilot reflects S&P's view of the
company's broad geographic footprint in the highly fragmented
retail fuel and travel center industry, exposure to fuel cost
swings, below-average margins, and somewhat higher volatility of
profits than the retail industry given its exposure to fuel prices.
Because of the company's scale, it is able to operate at a lower
cost than most of its peers and offer competitive pricing on fuel.

RATINGS LIST

                               Rating            Rating
                               To                From
Pilot Travel Centers LLC
Corporate credit rating
  Foreign and Local Currency   BB+/Stable/--     BB+/Stable/--
Senior Secured
  Local Currency               BB+               BB+
  Recovery Rating              4H                3L



QUANTUM FOODS: Settles with Raging Bull on Failed Asset Sale
------------------------------------------------------------
Peter Hall at Bankruptcy Law360 reported that Quantum Foods LLC has
reached a confidential settlement with Raging Bull Acquisition Co.
LLC, a unit of Oaktree Capital Management LP unit, in an adversary
proceeding stemming from the unsuccessful $54 million going-concern
sale of the bankrupt meat packer.

In a notice of the settlement agreement filed in Delaware
bankruptcy court, Quantum says it reached the accord on a $5.4
million deposit paid by stalking horse bidder Raging Bull after
failed mediation last year led to extensive discovery by the
parties.

                        About Quantum Foods

Founded in 1990 and headquartered in Bolingbrook, Illinois, Quantum
Foods, LLC -- http://www.quantumfoods.com/-- provides protein
products made from beef, poultry and pork.

Quantum Foods LLC and its affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 14-10318) on Feb. 18, 2014, to
facilitate the sale of substantially all their business.

The Debtors' primary secured indebtedness totals $50.2 million,
owing to lenders led by Crystal Financial, LLC, as administrative
and collateral agent.

Quantum Foods is being advised in its restructuring by Daniel J.
McGuire, Esq., Gregory M. Gartland, Esq., and Caitlin S. Barr,
Esq., at Winston & Strawn as counsel; M. Blake Cleary, Esq.,
Kenneth J. Enos, Esq., and Andrew Magaziner, Esq., at Young,
Conaway, Stargatt & Taylor, LLP, serve as local counsel.  City
Capital Advisors is the investment banker.  FTI Consulting, Inc.
also serves as advisor. BMC Group is the claims and notice agent.

The U.S. Trustee for Region 3 appointed five members to the
official committee of unsecured creditors in the case.  The
Committee has retained Triton Capital Partners, Ltd. as financial
advisor; and Mark D. Collins, Esq., Russell C. Silberglied, Esq.,
Michael J. Merchant, Esq., Christopher M. Samis, Esq., and Robert
C. Maddox, Esq., at Richards, Layton & Finger, P.A. as counsel.

Raging Bull is represented in the case by Van C. Durrer II, Esq.,
at Skadden Arps Slate Meagher & Flom LLP.  Crystal Finance LLC is
represented by David S. Berman, Esq., at Riemer & Braunstein LLP.


QUIRKY INC: Asks Permission to Use Comerica Bank's Cash Collateral
------------------------------------------------------------------
Quirky, Inc., and its debtor affiliates seek authority from the
Bankruptcy Court to use cash collateral to, among other things,
sustain their operations, maintain business relationships, and pay
their employees.  The Debtors also require funds to retain and pay
costs of professionals, consultants and advisors who will conduct
sales of their assets.

As of the Petition Date, Quirky had outstanding debt to Comerica
Bank, pursuant to (a) a Loan and Security Agreement dated
Sept. 25, 2013, as amended, pursuant to which Comerica provided
Quirky with a $20 million revolving line of credit and (b) a First
Amendment to Loan and Security Agreement dated April 22, 2014,
pursuant to which Comerica provided Quirky with a $10 million term
loan.

As of the Petition Date, the outstanding balance under the Revolver
is not less than $20,000,000 and the outstanding balance under the
Term Loan is not less than $9,667,000 exclusive of accrued and
unpaid interest, fees and expenses.

Quirky granted first priority security interests in and liens on
certain of its assets, including, without limitation, accounts,
chattel paper, deposit accounts, documents, equipment, general
intangibles, goods, instruments, inventory, investment property,
letter of credit rights, money and certain intellectual property to
Comerica to secure repayment of the Prepetition Debt.

"Without the use of Cash Collateral, the Debtors would suffer
immediate and irreparable harm and the entire bankruptcy
proceedings will be jeopardized to the significant detriment of the
Debtors' estates and their creditors," asserts Sean C. Southard,
Esq., at Klestadt Winters Jureller Southard & Stevens, LLP, counsel
to the Debtors.

The Debtors propose to provide Comerica Bank with adequate
protection lien to secure the Prepetition Obligations and Adequate
Protection Superpriority Claims with respect to the Prepetition
Obligations.

Comerica has indicated its willingness to authorize the use of Cash
Collateral, but only on the terms and conditions set forth in the
proposed interim order and in accordance with a prepared budget.  A
copy of the Budget, as attached to the Motion, is available for
free at:

     http://bankrupt.com/misc/16_QUIRKY_CashCollateral.pdf

                         About Quirky, Inc.

Headquartered in New York City, Quirky designs and develops various
products ranging from electronics, home and garden, kitchen and
organization and sells those products through big box retailers
like Target and Home Depot and online through its Web site.  The
Company sold over 150 different products and a total of 4 million
units, generating over $50 million in revenue from its
retail and consulting businesses in 2014.

Quirky, Inc., Wink, Inc. and Undercurrent Acquisition, LLC, sought
Chapter 11 protection (Bankr. S.D.N.Y. Case Nos. 15-12596, 15-12597
and 15-12598, respectively) on Sept. 22, 2015, to sell their assets
related to the Wink business line as a going concern to Flextronics
International USA Inc., for $15 million, absent higher and better
offers.

The petitions were signed by Charles Kwalwasser, the chief
administrative officer.

Quirky, Inc., estimated assets in the range of $10 million to $50
million and liabilities of at least $50 million.

Judge Martin Glenn is assigned to the case.

The Debtors have engaged Cooley LLP as counsel, Klestadt Winters
Jureller Southard & Stevens LLP as conflicts counsel, Centerview
Partners LLC as investment bankers, FTI Consulting, Inc. as
financial advisors, Rust Consulting/Omni Bankruptcy as claims and
noticing agent and Hilco IP Services LLC dba Hilco Streambank as
intellectual property disposition consultant to Quirky, Inc.



QUIRKY INC: Proposes Flextronics-Led Auction on Nov. 2
------------------------------------------------------
Quirky, Inc., et al., ask the Bankruptcy Court to approve the
bidding procedures and bid protections in connection with the sale
of certain assets related to the Wink business.

The Debtors will dispose of the assets related to Quirky's business
pursuant to a separate motion.  However, to the extent interested
parties seek to acquire any of the "Quirky assets," in connection
with an acquisition of the Wink business, they may do so in
accordance with the Wink Bidding Procedures.

The Debtors hired Centerview Partners LLC as their investment
banker in connection with the potential sale of the Wink Business
Assets.  Centerview conducted a prepetition marketing process which
culminated in the receipt of the stalking horse bid.  A copy of the
Asset Purchase Agreement, dated as of Sept. 21, 2015, by and among
the Debtors and Flextronics International USA Inc., is available
for free at:

    http://bankrupt.com/misc/17_QUIRKY_BidProcedures&APA.pdf

A. Approval of Stalking Horse Bid Protections

The Wink bidding procedures provide, among other things, the
approval of (i) a fee equal to 3% of the Purchase Price ($450,000)
(the "Break Up Fee"); and (ii) reimbursement of actual, documented,
out-of-pocket expenses of up to $200,000 (the "Expense
Reimbursement", and together with the Break Up Fee, the "Bid
Protections") which is payable to the Wink Stalking Horse Bidder in
the event the Bankruptcy Court approves the Sale of the
Wink Business Assets to any other person or entity other than the
Wink Stalking Horse Bidder, and such Sale closes.

B. Participation Requirements.

To participate in the bidding process or otherwise be considered
for any purpose hereunder, a person or entity (other than the Wink
Stalking Horse Bidder) interested in submitting a Bid must, on or
before Oct. 27, 2015, at 12:00 p.m. (Eastern Time) deliver the
following documents along with an offer for the Wink Business
Assets in accordance with Section D below (the "Preliminary Bid
Documents"):

     a. an executed confidentiality agreement on terms reasonably
        acceptable to the Debtors and containing terms in the
        aggregate no less favorable to the Debtors in any material
        respect (other than with respect to the effective periods
        and the non-disclosure and non-solicitation provisions
        contained therein, all of which terms shall be
        commercially reasonable) than those contained in the
        confidentiality agreement by and among the Wink Stalking
        Horse Bidder (or its affiliate), the Debtors and certain
        of their respective affiliates, except that Potential
        Bidders who have already signed a confidentiality
        agreement prior to Sept. 22, 2015, need not execute
        another agreement; and

The Preliminary Bid Documents shall be delivered to the following
parties:

        Debtors

        Quirky, Inc.
        606 West 28 th Street
        New York, New York 10010
        Attn: Charles Kwalwasser, Esq.
              Ed Kremer

        Proposed Counsel to the Debtors

        Cooley LLP
        1114 Avenue of the Americas
        New, York, New York 10036
        Attn: Jeffrey L. Cohen, Esq.
        Michael A. Klein, Esq.
        
        Investment Banker to the Debtors

        Centerview Partners LLC
        31 West 52 nd Street
        22 nd Floor
        New York, NY 10019
        Attn: John Bosacco
              Emlen Fischer
              Ryan Kielty

           Counsel to Comerica

           Sheppard, Mullin, Richter & Hampton LLP
           Four Embarcadero Center
           17 th Floor
           San Francisco, CA 94111
           Attn: William R. Wyatt, Esq.

Within one business day after a Potential Bidder delivers the
Preliminary Bid Documents, the Debtors shall determine, in
consultation with their advisors and (i) any statutory
committee appointed in the Chapter 11 Cases; and (ii) Comerica
Bank, and notify the Potential Bidder whether such Potential Bidder
has submitted acceptable Preliminary Bid Documents so that the
Potential Bidder may conduct a due diligence review with respect to
the Wink Business Assets.  Only those Potential Bidders that have
submitted acceptable Preliminary Bid Documents may submit bids.
The Wink Stalking Horse Bidder shall at all times be deemed an
Acceptable Bidder.

C. Access to Due Diligence.

Only Acceptable Bidders shall be eligible to receive due diligence
and access to additional non-public information.  The Debtors shall
provide to each Acceptable Bidder reasonable due diligence
information, as requested, as soon as reasonably practicable after
such request, which information shall be commensurate with that
information given to the Wink Stalking Horse Bidder.  To the extent
the Debtors provide any information to any Acceptable Bidder that
they had not previously provided to the Wink Stalking Horse Bidder,
the Debtors shall promptly provide such information to the Wink
Stalking Horse Bidder.  The due diligence period will end on the
Bid Deadline and the Debtors shall have no obligation
to furnish any due diligence information after the Bid Deadline.

D. Bid Requirements

To be eligible to participate in the Auction, an Acceptable Bidder
(other than the Wink Stalking Horse Bidder) must deliver to (i) the
Debtors and (ii) their counsel and investment banker, which shall
be shared with the Committee within one (1) business day following
receipt thereof, a written, irrevocable offer that must be
determined by the Debtors, in consultation with the Consultation
Parties, to satisfy each of the following conditions:

    a. Same or Better Terms/Identification of Assumed Contracts.
       Each Bid must be accompanied by clean and duly executed    
       transaction documents (including schedules and exhibits
       thereto that identify with particularity which of the
       Debtors' contracts the Acceptable Bidder seeks to have
       assigned, along with a copy of the Wink Agreement that is
       marked to reflect the amendments and modifications from
       such agreement, which modifications may not be materially
       more burdensome to the Debtors than the Wink Agreement or
       inconsistent with these Wink Bidding Procedures.

    b. Bid Deposit.  Each Bid must be accompanied by a 10% cash
       deposit of the proposed purchase price, which shall be sent
       to counsel to the Debtors by wire transfer, which amount
       shall be deposited in an interest-bearing account.

    c. Minimum Bid Amount.  The value of each Bid must exceed the
       aggregate sum of the following: (i) the Stalking Horse Bid;

      (ii) the Bid Protections; and (iii) $150,000 (all of which
       must be in the form of cash, and/or the assumption of
       administrative expense liabilities except to the extent of
       any secured debt that is being credit bid).  The Wink
       Stalking Horse Bidder will receive a "credit" equal to
       $650,000 when bidding at the Auction.

    d. Good Faith Offer.  Each Bid must constitute a good faith,
       bona fide offer to purchase the Wink Business Assets.

    e. No Contingencies.  A Bid must not be conditioned on any
       contingency, including, among others, on obtaining any of
       the following: (i) financing, (ii) shareholder, board of
       directors or other approval, (iii) the outcome or
       completion of a due diligence review by the Acceptable
       Bidder; and/or (iv) any third party consents (other than as
       may be required for the Material Agreements.

    f. Irrevocable.  Each Bid must remain irrevocable for two  
       business days after the Sale Hearing.

    g. Joint Bids.  The Debtors will be authorized to approve
       joint Bids in the Debtors' exercise of their reasonable
       good faith business judgment, following consultation
       with the Consultation Parties, on a case-by-case basis.

    h. Adequate Assurance Information.  Each Bid must be
       accompanied by sufficient and adequate financial and other
       information to demonstrate, to the satisfaction of the
       Debtors, following consultation with the Consultation
       Parties, that such Acceptable Bidder (i) has the financial
       wherewithal and ability to consummate in the Sale of the
       Wink Business Assets and the assumption of the Debtors'
       liabilities as set forth the Wink Agreement, including
       payment of any cure amount with respect to any contract
       that may be assigned with respect to the Sale.  The Bid
       shall also identify a contact person that counterparties to

       any lease or contract may contact to obtain additional
       Adequate Assurance Information.

    i. No Fees.  Except with respect to the Wink Stalking Horse
       Bidder, the Bids must not be subject to any break-up fee,
       transaction fee, termination fee, expense reimbursement or
       any similar type of payment or reimbursement.

    j. Quirky Assets.  A Bid may include a proposal to purchase
       the "Quirky Assets."

The Auction may be adjourned to a later date by the Debtors, in
consultation with the Consultation Parties, by filing a notice of
adjournment with the Court.  No further notice of any such
continuance will be required to be provided to any party.

E. Qualified Bids.

Bids, or a combination of one or more Bids, fulfilling all of the
preceding requirements shall be deemed to be "Qualified Bids," and
those parties submitting Qualified Bids shall be deemed to be
"Qualified Bidders."

Within two days after the Bid Deadline, the Debtors, in
consultation with the Consultation Parties, shall determine which
Acceptable Bidders are Qualified Bidders after consultation with
their advisors and will notify the Acceptable Bidders whether Bids
submitted constitute, alone or together with other Bids, Qualified
Bids so as to enable such Qualified Bidders to bid at the Auction.
Any Bid that is not deemed a "Qualified Bid" shall not be
considered by the Debtors.

The Wink Agreement submitted by the Wink Stalking Horse Bidder
shall be deemed a Qualified Bid, qualifying the Wink Stalking Horse
Bidder to participate in the Auction.

F. Bid Deadline.

Qualified Bids must be received by (i) the Debtors and (ii) their
counsel and investment banker no later than the Bid Deadline of
Oct. 29, 2015, at 12:00 p.m. (prevailing Eastern Time).  The
Debtors, their counsel and/or their investment banker will share
the Qualified Bids received with the Consultation Parties within
one business day following receipt thereof.

G. Evaluation of Qualified Bids.

Prior to the Auction, the Debtors shall evaluate Qualified Bids
and, in consultation with their advisors and the Consultation
Parties, identify the Qualified Bid that is, in the Debtors'
judgment, the highest or otherwise best bid (the "Starting Bid").
Within 24 hours of such determination, the Debtors shall notify the
Wink Stalking Horse Bidder and the other Qualified Bidders as to
which Qualified Bid is the Starting Bid.  The Debtors shall
distribute copies of the Starting Bid to each Qualified Bidder who
has submitted a Qualified Bid.

H. No Qualified Bids.

If no Qualified Bids are received by the Bid Deadline, then the
Auction will not occur, the Wink Agreement will be deemed the
Successful Bid and the Debtors will pursue entry of an order by the
Bankruptcy Court approving the Wink Agreement and authorizing the
Sale of the Wink Business Assets to the Wink Stalking Horse Bidder
at the Sale Hearing.

I. Auction

If one or more Qualified Bids is received by the Bid Deadline, then
the Debtors shall conduct the Auction with respect to the Wink
Business Assets.  The Auction shall commence on Nov. 2, 2015, at
10:00 a.m. (Eastern Time) at the offices of Cooley LLP, 1114 Avenue
of the Americas, New York, New York 10036, or such later time
(after consultation with the Consultation Parties) or other place
as the Debtors shall timely notify the Wink Stalking Horse
Bidder and all other Qualified Bidders.

The Auction will be conducted in accordance with the following
procedures:

    a. the Auction will be conducted openly;

    b. only the Qualified Bidders, including the Wink Stalking
       Horse Bidder, shall be entitled to bid at the Auction;

    c. the Qualified Bidders, including the Wink Stalking Horse
       Bidder, shall appear in person or through duly-authorized
       representatives at the Auction;

    d. only such authorized representatives of each of the   
       Qualified Bidders, the Wink Stalking Horse Bidder, the
       Committee, members of the Committee, Comerica, the Debtors,
       and each of their respective advisors shall be permitted to

       attend the Auction;

    e. bidding at the Auction shall begin at the Starting Bid;
       subsequent Bids at the Auction, including any Bids by Wink
       Stalking Horse Bidder, shall be made in minimum increments
       in an amount to be determined by the Debtors, in
       consultation with the Consultation Parties, to be announced
  
       at the Auction;

    f. each Qualified Bidder will be informed of the terms of the
       previous Bids and how the Debtors value that bid and what
       the next required overbid level is;

    g. the bidding will be transcribed or videotaped to ensure an
       accurate recording of the bidding at the Auction;

    h. each Qualified Bidder will be required to confirm on the
       record of the Auction that it has not engaged in any
       collusion with respect to the bidding or the Sale; and

    i. absent irregularities in the conduct of the Auction, the
       Bankruptcy Court will not consider Bids made after the
       Auction is closed; and

    j. the Auction shall be governed by such other Auction
       Procedures as may be announced by the Debtors after
       consultation with its advisors and the Consultation
       Parties from time to time on the record at the Auction;
       provided, however, that any such other Auction Procedures
       shall not be inconsistent with any order of the
       Bankruptcy Court or with the provisions of the Wink
       Agreement with respect to these Wink Bidding Procedures.

The Auction may be adjourned to a later date by the Debtors, in
consultation with the Consultation Parties, by filing a notice of
adjournment with the Court.  No further notice of any such
continuance will be required to be provided to any party.

J. Acceptance of the Successful Bid.

Upon the conclusion of the Auction (if such Auction is conducted),
the Debtors, in the exercise of their reasonable, good-faith
business judgment, and in consultation with the Consultation
Parties, shall identify the highest or otherwise best Qualified Bid
that in the exercise of their fiduciary duties the Debtors in good
faith believe is materially more beneficial to the Debtors than the
Stalking Horse Bid (the "Successful Bid"), which will be determined
by considering, among other things:

    a. the number, type and nature of any changes to the Wink
       Agreement as appropriate;

    b. the total expected consideration to be received by the
       Debtors;

    c. the likelihood of the bidder's ability to close a
       transaction and the timing thereof; and

    d. the expected net benefit to the estates.

The Qualified Bidder having submitted a Successful Bid will be
deemed the "Successful Bidder".  The Successful Bidder and the
Debtors shall, as soon as commercially reasonable and
practicable, complete and sign all agreements, contracts,
instruments or other documents evidencing and containing the terms
upon which such Successful Bid was made.

The Debtors will present the results of the Auction to the
Bankruptcy Court at the Sale Hearing, at which certain findings
will be sought from the Bankruptcy Court regarding the Auction,
including, among other things, that (a) the Auction was conducted,
and the Successful Bidder was selected, in accordance with these
Wink Bidding Procedures, (b) the Auction was fair in substance and
procedure, (c) the Successful Bid was a Qualified Bid, and (d)
consummation of the Successful Bid will provide the highest or
otherwise best value for the Wink Business Assets and is in the
best interests of the Debtors' estates.  

If an Auction is held, the Debtors shall be deemed to have accepted
a Qualified Bid only when (1) such Qualified Bid is declared the
Successful Bid at the Auction and (2) definitive documentation has
been executed in respect thereof.  Such acceptance is conditioned
upon approval by the Bankruptcy Court of the Successful Bid and
entry of the Sale Order approving
such Successful Bid.

K. Sale Hearing

A hearing to consider approval of the Qualified Bid submitted by
the Successful Bidder (or to approve the Wink Agreement if no
Auction is held) is presently scheduled to take place on Nov. 5,
2015, at 10:00 a.m. (prevailing Eastern Time).

The Sale Hearing may be adjourned to a later date by the Debtors,
in consultation with the Consultation Parties, by filing a notice
of adjournment or making an announcement at the Sale Hearing.

L. Designation of Back-Up Bidder

If for any reason the Successful Bidder fails to consummate the
Qualified Bid within the time permitted after the entry of the Wink
Sale Order approving the Sale to the Successful Bidder, then the
Qualified Bidder with the second highest or otherwise best Bid (the
"Back-Up Bidder"), as determined by the Debtors after consultation
with their advisors, and in consultation
with the Consultation Parties, at the conclusion of the Auction and
announced at that time to all the Qualified Bidders participating
therein, will automatically be deemed to have submitted the highest
or otherwise best Bid (the "Back-Up Bid").

The Debtors will be authorized, but not required, to consummate the
transaction pursuant to the Back-Up Bid as soon as is commercially
reasonable without further order of the Bankruptcy Court upon at
least 24 hours advance notice, which notice will be filed with the
Bankruptcy Court.  Upon designation of the Back-Up Bidder at the
Auction, the Back-Up Bid shall remain open until the closing of the
Successful Bid.

M. Break Up Fee and Expense Reimbursement

In the event that neither the Successful Bid nor the Back-Up Bid is
made by the Wink Stalking Horse Bidder, the Debtors and the Agent
shall be obligated to pay to the Wink Stalking Horse Bidder from
the proceeds of the purchase price for the Wink Business Assets,
upon the closing of the Successful Bid or the Back-Up Bid (as
applicable) and the payment of such purchase price, by wire
transfer in immediately available funds to an account designated by
the Wink Stalking Horse Bidder, the Break Up Fee and Expense
Reimbursement, in each instance in accordance with the applicable
provisions of the Wink Agreement.

N. Return of Good Faith Deposit

The Good Faith Deposit of the Successful Bidder shall, upon
consummation of the Successful Bid, be credited to the purchase
price paid for the Wink Business Assets.  If the Successful Bidder
fails to consummate the Successful Bid (other than due to breach of
the applicable asset purchase agreement by the Debtors), then the
Good Faith Deposit shall be forfeited to, and retained irrevocably
by, the Debtors.

O. Reservation of Rights

The Debtors reserve their rights to modify these Wink Bidding
Procedures, in consultation with the Consultation Parties, in any
manner that will best promote the goals of the bidding process
(subject to any restrictions set forth in the Wink Agreement) or
impose, at or prior to the Auction, additional customary terms and
conditions on the Sale of the Wink Business Assets.

Notwithstanding anything herein or in the Wink Bidding Procedures
Order to the contrary, nothing will in any way impair or enhance,
alter or otherwise affect any and all rights that Comerica may have
to "credit bid"  pursuant to section 363(k) of the Bankruptcy Code
or other applicable law.

The Debtors assert that the procedures are fair, transparent and
will derive the highest or otherwise best bids for the Wink
Business Assets.

                         About Quirky, Inc.


Headquartered in New York City, Quirky designs and develops various
products ranging from electronics, home and garden, kitchen and
organization and sells those products through big box retailers
like Target and Home Depot and online through its Web site.  The
Company sold over 150 different products and a total of 4 million
units, generating over $50 million in revenue from its
retail and consulting businesses in 2014.

Quirky, Inc., Wink, Inc. and Undercurrent Acquisition, LLC, sought
Chapter 11 protection (Bankr. S.D.N.Y. Case Nos. 15-12596, 15-12597
and 15-12598, respectively) on Sept. 22, 2015, to sell their assets
related to the Wink business line as a going concern to Flextronics
International USA Inc., for $15 million, absent higher and better
offers.

The petitions were signed by Charles Kwalwasser, the chief
administrative officer.

Quirky, Inc., estimated assets in the range of $10 million to $50
million and liabilities of at least $50 million.

Judge Martin Glenn is assigned to the case.

The Debtors have engaged Cooley LLP as counsel, Klestadt Winters
Jureller Southard & Stevens LLP as conflicts counsel, Centerview
Partners LLC as investment bankers, FTI Consulting, Inc. as
financial advisors, Rust Consulting/Omni Bankruptcy as claims and
noticing agent and Hilco IP Services LLC dba Hilco Streambank as
intellectual property disposition consultant to Quirky, Inc.



QUIRKY INC: Seeks Joint Administration of Cases
-----------------------------------------------
Quirky, Inc., Wink, Inc. and Undercurrent Acquisition, LLC ask the
Bankruptcy Court to enter an order directing the joint
administration of their cases under Case No. 15-12596.

The Debtors maintain that the failure to jointly administer their
cases would result in numerous duplicative filings for each issue,
which would then be served upon separate service lists.  This
duplication, the Debtors assert, would be extremely wasteful and
would unnecessarily overburden the Clerk of the Court.

According to the Debtors, joint administration will ease the burden
on the office of the United States Trustee in supervising their
bankruptcy cases.  Joint administration will permit the Clerk of
the Court to use a single general docket for each of the Debtors'
cases and to combine notices to creditors and other
parties-in-interest of the Debtors' respective estates.

The Debtors assure the Court that the rights of the respective
creditors of each of the Debtors will not be adversely affected
inasmuch as the relief sought is purely procedural and is in no way
intended to affect substantive rights.

                         About Quirky, Inc.

Headquartered in New York City, Quirky designs and develops various
products ranging from electronics, home and garden, kitchen and
organization and sells those products through big box retailers
like Target and Home Depot and online through its Web site.  The
Company sold over 150 different products and a total of 4 million
units, generating over $50 million in revenue from its
retail and consulting businesses in 2014.

Quirky, Inc., Wink, Inc. and Undercurrent Acquisition, LLC, sought
Chapter 11 protection (Bankr. S.D.N.Y. Case Nos. 15-12596, 15-12597
and 15-12598, respectively) on Sept. 22, 2015, to sell their assets
related to the Wink business line as a going concern to Flextronics
International USA Inc., for $15 million, absent higher and better
offers.

The petitions were signed by Charles Kwalwasser, the chief
administrative officer.

Quirky, Inc., estimated assets in the range of $10 million to $50
million and liabilities of at least $50 million.

Judge Martin Glenn is assigned to the case.

The Debtors have engaged Cooley LLP as counsel, Klestadt Winters
Jureller Southard & Stevens LLP as conflicts counsel, Centerview
Partners LLC as investment bankers, FTI Consulting, Inc. as
financial advisors, Rust Consulting/Omni Bankruptcy as claims and
noticing agent and Hilco IP Services LLC dba Hilco Streambank as
intellectual property disposition consultant to Quirky, Inc.



RENAULT WINERY: Bank Makes $3.36-Million Credit Bid
---------------------------------------------------
Reuben Kramer, writing for Press of Atlantic City, reported that
the high bid in a bankruptcy auction for Renault Winery Resort and
Golf came from the property’s mortgagee, OceanFirst Bank, which
made a $3.36 million credit bid on the still-open resort, an
attorney for Renault said.

According to the report, the Toms River-based bank obtained a
mortgage foreclosure judgment against Renault last summer.  The
property was on the verge of going to a sheriff's sale before the
150-year-old vineyard filed for Chapter 11 bankruptcy protection in
November, the report said.

                       About Renault Winery

Renault Winery, Inc., and its affiliates own and operate a hotel,
two restaurants, a golf course, and a winery.  The hotel is
located
in Egg Harbor City, N.J., and the other businesses are located on
adjacent property in Galloway Township, N.J.  Renault Winery has
served South Jersey as a winery and restaurant facility for the
past 150 years.  Joseph Milza and his wife, Geraldine, took over
the operations of Renault Winery in 1974.

The companies that operate the businesses are Renault Winery Inc.
(winery, restaurant and gift shop), Renault Golf LLC (golf
course),
and Tuscany House LLC (hotel, restaurant, and banquet facility).
Renault Realty Co., Renault Winery Property LLC, and Renault
Winery
Inc., own the real estate on which the businesses operate, as well
as other real estate in the immediate area.

Renault Winery, Inc., and four affiliates sought Chapter 11
protection (Bankr. D.N.J. Lead Case No. 14-33075) in Camden, New
Jersey, on Nov. 13, 2014.  The cases are assigned to Judge Andrew
B. Altenburg Jr.

The Debtors tapped Subranni Zauber LLC as counsel.

Renault Winery disclosed total assets of $11.3 million and total
debt of $8.59 million.


RLJ ENTERPRISES: Case Summary & 9 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: RLJ Enterprises, LLC
        119 East Bridge Street
        Granbury, TX 76048

Case No.: 15-43757

Chapter 11 Petition Date: September 22, 2015

Court: United States Bankruptcy Court
       Northern District of Texas (Ft. Worth)

Judge: Hon. Mark X. Mullin

Debtor's Counsel: Russell W. King, Esq.
                  KING LAW OFFICE, P.C
                  P.O. Box 772
                  Stephenville, TX 76401
                  Tel: (254) 968-8777
                  Fax: (254) 445-2751
                  Email: rking@kinglaw.us

Total Assets: $1.1 million

Total Liabilities: $675,543

The petition was signed by Melinda Jo Ray, owner/president.

A list of the Debtor's nine largest unsecured creditors is
available for free at http://bankrupt.com/misc/txnb15-43757.pdf


ROSETTA GENOMICS: Chief Medical Officer Quits
---------------------------------------------
Rosetta Genomics Ltd. announced that Robert Wassman, M.D., resigned
from his position as chief medical officer of the Company,
effective Sept. 18, 2015.

                          About Rosetta

Based in Rehovot, Israel, Rosetta Genomics Ltd. is seeking to
develop and commercialize new diagnostic tests based on a recently
discovered group of genes known as microRNAs.  MicroRNAs are
naturally expressed, or produced, using instructions encoded in
DNA and are believed to play an important role in normal function
and in various pathologies.  The Company has established a CLIA-
certified laboratory in Philadelphia, which enables the Company to
develop, validate and commercialize its own diagnostic tests
applying its microRNA technology.

Rosetta Genomics reported a loss from continuing operations of
$14.5 million on $1.32 million for the year ended Dec. 31, 2014, a
loss from continuing operations of $13.2 million in 2013 and a loss
from continuing operations of $10.69 million in 2012.

As of Dec. 31, 2014, the Company had $17.3 million in total assets,
$2.21 million in total liabilities and $15.06 million in total
shareholders' equity.

                        Bankruptcy Warning

"We will likely require substantial additional funding and expect
to augment our cash balance through financing transactions,
including the issuance of debt or equity securities and further
strategic collaborations.  On December 7, 2012, we filed a shelf
registration statement on Form F-3 with the SEC for the issuance of
ordinary shares, various series of debt securities and/or warrants
to purchase any of such securities, either individually or in
units, with a total value of up to $75 million, from time to time
at prices and on terms to be determined at the time of such
offerings.  The filing was declared effective on December 19, 2012.
As of the time of the filing of this Annual Report on Form 20-F,
we had sold through the Cantor Sales Agreement an aggregate of
4,736,854 of our ordinary shares for gross proceeds of $19.9
million under this shelf registration statement, leaving an
aggregate of approximately $55.1 million of securities available
for sale under this Form F-3, subject to limitations imposed by the
SEC for companies with a public float of less than $75 million.  If
we need additional funding, there can be no assurance that we will
be able to obtain adequate levels of additional funding on
favorable terms, if at all.  If adequate funds are needed and not
available, we may be required to:

   * delay, reduce the scope of or eliminate certain research and
     development programs;

   * obtain funds through arrangements with collaborators or
     others on terms unfavorable to us or that may require us to
     relinquish rights to certain technologies or products that we

     might otherwise seek to develop or commercialize
     independently;

   * monetize certain of our assets;

   * pursue merger or acquisition strategies; or

   * seek protection under the bankruptcy laws of Israel and the
     United States," the Company said in its annual report for the
     year ended Dec. 31, 2014.


SABLE OPERATING: Hires Gary Todd as Landman to Review Leases
------------------------------------------------------------
Sable Operating Company seeks authorization from the U.S.
Bankrupcty Court for the Northern District of Texas to employ Gary
L. Todd as landman.

The Debtor desires to employ Mr. Todd as its Landman to review the
Debtor's 120 leases and determine cessation of production terms
including the shut-in royalty payment provisions and which wells
hold which leases, and to attempt to reinstate any leases that may
have already expired.

Mr. Todd shall be compensated at the rate of $450 per day with
compensation payable every 2 weeks.

Mr. Todd 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.

Mr. Todd can be reached at:

       Gary L. Todd
       2201 Adams Dr.
       Arlington, TX 76011
       Tel: (817) 320-3472
       E-mail: gtodd1252@sbcglobal.net

Sable Operating Company, doing business as Nytex Petroleum, Inc.,
sought Chapter 11 protection (Bankr. N.D. Tex. Case No. 15-33460)
in Dallas on Aug. 28, 2015.  The case is assigned to Judge Stacey
G. Jernigan.  Joyce W. Lindauer, Esq., at Joyce W. Lindauer
Attorney, PLLC, in Dallas, serves as counsel.  Sable estimated $10
million to $50 million in assets and debt.


SABLE OPERATING: Hires Joyce Lindauer as Counsel
------------------------------------------------
Sable Operating Company seeks authorization from the U.S.
Bankruptcy Court for the Northern District of Texas to employ Joyce
W. Lindauer Attorney, PLLC as counsel.

Lindauer has experience representing debtors and
debtors-in-possession in numerous proceedings before the bankruptcy
courts.  

Sable wants to hire the firm's Joyce W. Lindauer, Arthur I.
Ungerman, and Sarah M. Cox as counsel.  Mr. Ungerman is Of Counsel
working for Ms. Lindauer. Ms. Cox is an associate attorney working
for Ms. Lindauer.

The Counsel will be paid at these hourly rates:

       Joyce W. Lindauer            $350
       Arthur I. Ungerman           $295
       Sarah M. Cox                 $175
       Paralegals and
       Legal Assistants             $85-$105

Joyce W. Lindauer will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Joyce W. Lindauer has been paid a retainer of $6,700 which included
the filing fee of $1,717 in connection with this proceeding.

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

The Counsel can be reached at:

       Joyce W. Lindauer, Esq.
       JOYCE W. LINDAUER ATTORNEY, PLLC
       12720 Hillcrest Road, Suite 625
       Dallas, TX 75230
       Tel: (972) 503-4033
       Fax: (972) 503-4034

Sable Operating Company, doing business as Nytex Petroleum, Inc.,
sought Chapter 11 protection (Bankr. N.D. Tex. Case No. 15-33460)
in Dallas on Aug. 28, 2015.  The case is assigned to Judge Stacey
G. Jernigan.  Joyce W. Lindauer, Esq., at Joyce W. Lindauer
Attorney, PLLC, in Dallas, serves as counsel.  Sable estimated $10
million to $50 million in assets and debt.


SABLE OPERATING: Hires Ronald Sentz as Engineer
-----------------------------------------------
Sable Operating Company seeks authorization from the U.S.
Bankrupcty Court for the Northern District of Texas to employ
Ronald M. Sentz as engineer.

The Debtor requires Mr. Sentz to:

   (a) review field production of current wells to determine if
       improvements can be achieved;

   (b) review well files of wells to be worked on to make sure the

       data gets to the field before the wells are worked on;

   (c) when necessary check onsite field work of repairs, re-
       works, completions and recompletions of wells;

   (d) work with Sable pumper to set up guide lines for field
       work, maintenance and training;

   (e) maintain reports for all well work;

   (f) keep Michael Galvis informed of all work being done on a
       daily basis; and

   (g) all reports for well work will be sent to Sable's office.

The compensation for Mr. Sentz will be $1,000 per day for field
work and $175 per hour for office work.

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

Mr. Sentz 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.

Mr. Sentz can be reached at:

       Ronald M. Sentz
       6451 Bois D'Arc Court
       Midlothian, TX 76065
       Tel: (972) 723-2027
       E-mail: ronwopsen@gmail.com

Sable Operating Company, doing business as Nytex Petroleum, Inc.,
sought Chapter 11 protection (Bankr. N.D. Tex. Case No. 15-33460)
in Dallas on Aug. 28, 2015.  The case is assigned to Judge Stacey
G. Jernigan.  Joyce W. Lindauer, Esq., at Joyce W. Lindauer
Attorney, PLLC, in Dallas, serves as counsel.  Sable estimated $10
million to $50 million in assets and debt.


SAINT MICHAEL'S: Court Approves Nov. 5 Auction of Assets
--------------------------------------------------------
Judge Vincent Papalia of the United States Bankruptcy Court for the
District of New Jersey approved the bidding procedures governing
the sale of substantially all of the assets of Saint Michael's
Medical Center Inc. and its debtor affiliates.

A Potential Bidder must submit its bid by no later than Nov. 3.  If
one or more timely conforming bid is received, the Debtors will
conduct an auction on Nov. 5, at 10:00 a.m., at the offices of Cole
Schotz P.C., in Hackensack, New Jersey.

Any objection to the (a) the scheduled Cure Amount, (b) the
assumption and assignment to the Proposed Purchaser of the
executory contract and unexpired lease, and (c) the ability of the
Proposed Purchaser to provide adequate assurance of future
performance must be filed no later than Oct. 21.

The Court will convene a hearing on November 12, 2015 10:00 a.m.,
to consider approval of the stalking horse asset purchase agreement
with Prime Healthcare Services or approval of an APA with a winning
bidder.

The Debtors seek to sell their assets free and clear of liens,
claims encumbrances and interests to Prime Healthcare Services for
(a) $49,150,000, minus (b) any negative difference between an
amount equal to Seller's Net Working Capital at Closing and an
amount equal to 10% of Seller's "Net Revenue" for the 2014 fiscal
year, plus or minus (c) the positive or negative difference, as the
case may be, between the amount of cash and cash equivalents and
short-term investments included among the Assets and $13,000,000.

Payment of the Break-Up Fee in the amount of $1,228,750 and an
expense reimbursement of up to $200,000 are approved.

The Court overruled the objections raised to the proposed bidding
procedures.

Barnabas Health, Inc., a possible bidder, submitted a limited
objection to the approval of the bidding procedures, stating that
it does not oppose the approval of bidding procedures that will
promote a fair, clear, and efficient sale process for the Debtors'
assets.  Barnabas asked that the Bidding Procedures only be
approved if modifications are made to ensure that the Bidding
Procedures encourage competitive bidding and provide a fair and
level playing field for all prospective bidders, while at the same
time providing the Debtors' estates with an efficient process that
will, under the facts and circumstances of the case, maximize
recoveries for all relevant stakeholders.  In response, the Debtors
asked the Court to strike the objection, asserting that Barnabas
lacks standing to oppose the Bidding Procedures and that the court
should therefore not consider it.

The U.S. Trustee also filed a limited objection and asked the court
not to approve the Debtors' request for approval of a Break-Up Fee
of 2.5% of the purchase price and Expense Reimbursement of up to
$200,000.

District 1199J, National Union of Hospital and Healthcare
Employees, AFSCME and District 1199J Benefit and Pension Funds,
joined by the Committee of Interns and Residents/SEIU, filed a
limited objection, stating that they generally supports the sale of
the Debtors' assets to ensure that the hospital will remain for the
benefit of the community and its employees.  However, the parties
told the Court that they concerned that the sale may negatively
impact Housestaff Officers or seek to treat the CIR Collective
Bargaining Agreement in a manner inconsistent with the Bankruptcy
code.

The Official Committee of Unsecured Creditors reserved its rights
and objection with respect to the proposed bidding procedures to
the Debtors.  The Committee expects to work collaboratively with
the Debtors and Prime through the weekend in an effort to resolve
the Committee's issues with the asset purchase agreement on a
consensual basis in advance of the hearing.

Cigna HealthCare of New Jersey, Inc., New Jersey Department of
Health,

The Debtors, in response to Cigna, explained that the Assignment
and Assumption Procedures attached to the Bidding Procedures Order
specifically sets forth that adequate assurance of future
performance must be provided within 24 hours of receipt of a Bid
from a Potential Bidder.  With respect to the Proposed Purchaser,
the Debtors have amended the Assignment and Assumption Procedures
so that adequate assurance of future performance must be provided
by October 14, 2015, seven days prior to the objection deadline.
The Debtors also revised the Bidding Procedures to require a
"draft" CN Application be filed with the applicable authorities on
or before the Bid Deadline to address the Department of Health's
objection.

In response to the Union's objections, the Debtors amended the
Bidding Procedures Order to reflect that one representative from
the 1199 and its counsel will be allowed to attend the Auction, if
any and for the counsel to 1199 to  receive notifications.  In
response to the U.S. Trustee's objection, the Debtors assert that
for the reasons set forth in Section III of this Reply, approval of
the Breakup Fee is appropriate and the UST Objection should be
overruled.

The Debtors are represented by:

          Michael D. Sirota, Esq.
          Gerald H. Gline, Esq.
          Ryan T. Jareck, Esq
          COLE SCHOTZ, P.C.
          Court Plaza North
          25 Main Street
          P.O. Box 800
          Hackensack, NJ 07602-0800
          Tel: (201) 489-3000
          Fax: (201) 489-1536
          Email: msirota@coleschotz.com
                 ggline@coleschotz.com
                 rjareck @coleschotz.com

Barnabas Health is represented by:

          Kenneth A. Rosen, Esq.
          Paul Kizel, Esq.
          Andrew Behlmann, Esq.
          LOWENSTEIN SANDLER LLP
          65 Livingston Avenue
          Roseland, NJ 07068
          Tel: 973-597-2500
          Fax: 973-597-2333
          Email: krosen@lowenstein.com
                 pkizel@lowenstein.com
                 abehlmann@lowenstein.com

Office of the United States Trustee is represented by:

          Andrew R. Vara, Esq.
          ACTING UNITED STATES TRUSTEE, REGION 3
          Fran B. Steele, Esq.
          One Newark Center, Suite 2100
          Newark, NJ 07102
          Tel: (973) 645-3014
          Fax: (973) 645-5993
          E-mail: Fran.B.Steele@usdoj.gov

                About Saint Michael's Medical Center

Saint Michael's Medical Center, Inc., was incorporated in 2008 to
acquire St. Michael's Medical Center and 2 other now defunct
hospitals (Saint James Hospital and Columbus Hospital) was
acquired
from Cathedral Healthcare System Inc., a New Jersey nonprofit.

SMMC is a second tier subsidiary of Trinity Health Corporation.
The immediate sole corporate member of SMMC is Maxis Health
System,
a Pennsylvania not-for-profit corporation.

Established by the Franciscan Sisters of the Poor in 1867, St.
Michael's Medical Center is a 357- bed licensed regional
tertiary-care, teaching, and research center in the heart of
Newark, New Jersey's business and educational district and is
accredited by The Joint Commission.

On Aug. 10, 2015, SMMC Inc. and three affiliated debtors each filed
a voluntary petition for relief under Chapter 11 of the U.S.
Bankruptcy Code in the U.S. Bankruptcy Court for the District of
New Jersey.  The cases are pending before the Honorable Vincent F.
Papalia, and the Debtors have requested that their cases be jointly
administered under Case No. 15-24999.

The Debtors tapped Cole Schotz P.C. as bankruptcy counsel;
EisnerAmper LLP as financial advisor; and Prime Clerk LLC as claims
and noticing agent.

SMMC estimated $100 million to $500 million in assets and debt.


SAINT MICHAEL'S: Final DIP Hearing Adjourned to Oct. 2
------------------------------------------------------
The United States Bankruptcy Court for the District of New Jersey
will convene a hearing on Oct. 2, 2015, at 11:00 a.m., to consider
final approval of Saint Michael's Medical Center, Inc., et al.'s
motion for authority to obtain postpetition secured financing.

U.S. Bankruptcy Judge Vincent F. Papalia previously gave the
Debtors interim authority to obtain postpetition financing from
Trinity Health Corporation in an amount not to exceed $5,000,000.

The DIP Lender committed to provide up to $15,000,000, with 6% per
annum interest, increasing to 8% per annum upon an event of
default
or if the DIP Loan is not fully repaid at the Due Date, which is
the earlier of the following: (i) April 1, 2016, (ii) the
substantial consummation of a confirmed plan of reorganization,
(iii) conversion of any of the bankruptcy cases to a case under
Chapter 7 of the Bankruptcy Code, (iv) appointment of a trustee
for
any of the Debtors, or (v) dismissal of any of the bankruptcy
cases.

The Debtors are represented by:

          Michael D. Sirota, Esq.
          Gerald H. Gline, Esq.
          Ryan T. Jareck, Esq
          COLE SCHOTZ, P.C.
          Court Plaza North
          25 Main Street
          P.O. Box 800
          Hackensack, New Jersey 07602-0800
          Tel: (201) 489-3000
          Fax: (201) 489-1536
          Email: msirota@coleschotz.com
                 ggline@coleschotz.com
                 rjareck @coleschotz.com

                  About Saint Michael's Medical Center

Saint Michael's Medical Center, Inc., was incorporated in 2008 to
acquire St. Michael's Medical Center and 2 other now defunct
hospitals (Saint James Hospital and Columbus Hospital) was
acquired
from Cathedral Healthcare System Inc., a New Jersey nonprofit.

SMMC is a second tier subsidiary of Trinity Health Corporation.
The immediate sole corporate member of SMMC is Maxis Health
System,
a Pennsylvania not-for-profit corporation.

Established by the Franciscan Sisters of the Poor in 1867, St.
Michael's Medical Center is a 357- bed licensed regional
tertiary-care, teaching, and research center in the heart of
Newark, New Jersey's business and educational district and is
accredited by The Joint Commission.

On Aug. 10, 2015, SMMC Inc. and three affiliated debtors each
filed
a voluntary petition for relief under Chapter 11 of the U.S.
Bankruptcy Code in the U.S. Bankruptcy Court for the District of
New Jersey.  The cases are pending before the Honorable Vincent F.
Papalia, and the Debtors have requested that their cases be
jointly
administered under Case No. 15-24999.

The Debtors tapped Cole Schotz P.C. as bankruptcy counsel;
EisnerAmper LLP as financial advisor; and Prime Clerk LLC as
claims
and noticing agent.

SMMC estimated $100 million to $500 million in assets and debt.

The U.S. trustee for Region 3 has appointed seven creditors of
Saint Michael's Medical Center Inc. and its affiliates to serve on
the official committee of unsecured creditors.


SAINT MICHAEL'S: U.S. Trustee Names S. Goodman as PCO
-----------------------------------------------------
Andrew R. Vara, Acting United States Trustee Region 3, notified the
United States Bankruptcy Court for the District of New Jersey of
the appointment of Susan N. Goodman, RN JD, as patient care
ombudsman in the Chapter 11 case of Saint Michael's Medical Center,
Inc., and its debtor affiliates.

The U.S. Trustee is represented by:

          Martha R. Hildebrandt, Esq.
          Fran B. Steele, Esq.
          UNITED STATES DEPARTMENT OF JUSTICE
          OFFICE OF THE UNITED STATES TRUSTEE
          One Newark Center, Suite 2100
          Newark, NJ 07102
          Tel: (973) 645-3014
          Fax: (973) 645-5993
          E-mail: Martha.Hildebrandt@usdoj.gov
                  Fran.B.Steele@usdoj.gov

       About Saint Michael's Medical Center

Saint Michael's Medical Center, Inc., was incorporated in 2008 to
acquire St. Michael's Medical Center and 2 other now defunct
hospitals (Saint James Hospital and Columbus Hospital) was acquired
from Cathedral Healthcare System Inc., a New Jersey nonprofit.

SMMC is a second tier subsidiary of Trinity Health Corporation.
The immediate sole corporate member of SMMC is Maxis Health System,
a Pennsylvania not-for-profit corporation.

Established by the Franciscan Sisters of the Poor in 1867, St.
Michael's Medical Center is a 357- bed licensed regional
tertiary-care, teaching, and research center in the heart of
Newark, New Jersey's business and educational district and is
accredited by The Joint Commission.

On Aug. 10, 2015, SMMC Inc. and three affiliated debtors each filed
a voluntary petition for relief under Chapter 11 of the U.S.
Bankruptcy Code in the U.S. Bankruptcy Court for the District of
New Jersey.  The cases are pending before the Honorable Vincent F.
Papalia, and the Debtors have requested that their cases be jointly
administered under Case No. 15-24999.

The Debtors tapped Cole Schotz P.C. as bankruptcy counsel;
EisnerAmper LLP as financial advisor; and Prime Clerk LLC as claims
and noticing agent.

SMMC estimated $100 million to $500 million in assets and debt.


SB PARTNERS: Closes Sale of Lino Lakes Property for $16 Million
---------------------------------------------------------------
SB Partners completed the sale of its warehouse distribution
property located in Lino Lakes, MN, for $16,050,000 in an all cash
transaction, according to a document filed with the Securities and
Exchange Commission.  The buyer, Biynah Industrial Partners, LLC,
has no affiliation with the Company, the document stated.  

The Company said a portion of the net proceeds from the sale will
be used to retire the mortgage secured by Lino Lakes.  The
remaining portion will be used to pay closing expenses and pay down
a portion of Company's unsecured loan payable.

SB Partners' consolidated balance sheet as of the last filing date,
June 30, 2015, has been restated to reflect the sale of Lino Lakes
property and the satisfaction of the secured mortgage note payable,
as if the transaction had occurred on such date.  Accordingly, the
assets and liabilities of Lino Lakes have been removed from the
historical balance sheet to reflect the sale of the property.

Assets removed included real estate held for sale of $12,026,246
and other assets in discontinued operations totaling $3,400.
Liabilities removed include mortgage note in discontinued
operations totaling $10,000,000 and the security deposit held for
the sole tenant of $25,000.  In addition, that portion of the
unsecured loan payable and accrued expenses has been removed
reflecting the partial pay down of the unsecured loan payable and
the satisfaction of the accrued interest related to the unsecured
loan payable.  In addition, the balance of cash has been increased
by $200,000 to reflect the proceeds from the sale of Lino Lakes
retained.

                         About SB Partners

Milford, Conn.-based SB Partners is a New York limited partnership
engaged in acquiring, operating and holding for investment a
varying portfolio of real estate interests.  As of June 30,
2010, the partnership owns an industrial flex property in Maple
Grove, Minnesota and warehouse distribution centers in Lino Lakes,
Minnesota and Naperville, Illinois.

SB Partners reported a net loss of $875,000 on $1.08 million of
total revenues for the year ended Dec. 31, 2014, compared to a net
loss of $1.1 million on $896,000 of total revenues for the year
ended Dec. 31, 2013.

As of June 30, 2015, the Company had $17.24 million in total
assets, $23.29 million in total liabilities and total partners'
deficit of $6.04 million.


SCS HOLDINGS: S&P Revises Outlook to Negative & Affirms 'B+' CCR
----------------------------------------------------------------
Standard & Poor's Ratings Services revised the outlook to negative
from stable and affirmed its 'B+' corporate credit rating on San
Antonio, Texas-based SCS Holdings I Inc.

At the same time, S&P assigned a 'B+' issue-level rating and '3'
recovery rating to the company's $505 million first-lien credit
facility, comprising a $60 million revolving credit facility due
2020 and a $445 million first-lien term loan due 2022.  The '3'
recovery rating indicates S&P's expectation of meaningful (50% to
70%, upper half of range) recovery for the first-lien debt holders
in the event of default.  S&P also assigned a 'B-' issue-level
rating and '6' recovery rating to the company's $150 million
second-lien term loan due 2023.  The '6' recovery indicates S&P's
expectation of negligible (0% to 10%) recovery for the second-lien
debt holders.

"The outlook revision reflects our view of the company's pro forma
adjusted leverage in the low 5x area at close of the transaction,"
said Standard & Poor's credit analyst Geoffrey Wilson.  "The
outlook revision further reflects our view that underperformance
relative to our base-case scenario could result in leverage
sustained above the 5x area over the next year, which would likely
precipitate a downgrade of the company," Mr. Wilson added.

S&P's corporate credit rating on SCS Holdings reflects S&P's view
of the company's business risk profile as "weak" and its financial
risk profile as "aggressive."  S&P's assessments incorporate the
company's limited scale in a competitive, fragmented industry and
its financial sponsor ownership, which S&P believes will preclude
sustained deleveraging.



SIRIUS COMPUTER: Moody's Assigns B1 CFR & Rates Sec. Loans Ba3
--------------------------------------------------------------
Moody's Investors Service assigned a B1 corporate family rating and
a B1-PD probability of default rating to Sirius Computer Solutions,
Inc. (New).  As part of the rating action, Moody's assigned a Ba3
rating to the Sirius Computer's proposed $60 million first lien
senior secured revolving credit facility and $445 million first
senior secured term loan, and a B3 rating to the company's proposed
$150 million second lien senior secured term loan.  The rating
outlook is stable.  The proceeds from the new debt borrowings, in
addition to $261 million in contributed and rolled over equity,
will be used to fund the roughly $830 million acquisition of the
company by Kelso & Company and repay existing debt.  The assigned
ratings are subject to review of final documentation and no
material change in the terms and conditions of the transaction as
advised to Moody's.  At close of the transaction, all existing
ratings at Sirius Computer Solutions, Inc. will be withdrawn.

RATINGS RATIONALE

The B1 CFR reflects Sirius Computer's smaller scale compared to
competing IT value-added resellers and managed services firms and
the changing nature of IT deployments in the enterprise.  The
company also has high vendor concentration, with over 52% of the
company's revenues represented by IBM products and services.  But,
Moody's recognizes that Sirius Computer is the largest IBM
value-added-reseller of IT solutions primarily serving large
enterprises and medium-sized businesses in the US.  The company has
also made progress to diversify its vendor base to include products
from Cisco, EMC, Dell, HP and NetApp which support its continuing
profitability in a business requiring minimal capital investment.
The company has a consistent track record of generating positive
free cash flow and paying down debt.  Moody's expects Sirius to
generate about $60 million of free cash flow in 2016.

Moody's expects Sirius to maintain a good liquidity profile over
the next four quarters, supported by modest cash balances and
anticipated annual free cash flow generation of $60 million or
more.  The strong free cash flow is buttressed by low capital
expenditures, with annual capital expenditures at less than 1% of
revenues.  Working capital needs are expected to be modest and
consistent with seasonality trends.

The ratings for Sirius Computer's debt instruments comprise both
the overall probability of default to which Moody's assigned a PDR
of B1-PD and an average family loss given default assessment.  The
Ba3 (LGD3) rating assigned to the first lien senior secured credit
facilities using Moody's Loss Given Default Methodology reflects
the facilities' senior position in the capital structure.  The
second lien term loan is rated B3 (LGD5).  Moody's also notes the
fairly high level of payables with the company's key partner Avnet
that currently provides junior capital support and these payment
terms may be tightened in a financial distress scenario.

The stable outlook reflects Moody's expectation that Sirius
Computer will maintain its leading market position as a value-added
reseller of IT products and services to the mid-tier market in the
US, and produce consistent levels of operating profits and cash
flows to enable it to delever.

The rating could be upgraded if the company diversifies its
customer base, maintains revenue and cash flow growth and improves
its credit metrics, such as adjusted debt to EBITDA falls below 3.0
times on a sustained basis, and EBITDA to Interest coverage rises
above 4.0 times.  The rating could be downgraded if a significant
decline in revenue or cash flows lead to adjusted debt to EBITDA
staying above 5.0 times or with the expectation of weakened
liquidity which could arise from changed payment terms to its
vendors, operating losses, dividend payments, or cash acquisitions
without a proportionate increase in EBITDA.  A deteriorating
relationship with key supplier -- IBM, or a failure to further
diversify its vendor base, could also place downward pressure on
the rating.

These ratings were assigned:

  Corporate Family Rating -- Assigned B1
  Probability of Default Rating -- Assigned B1-PD
  First Lien Senior Secured Credit Facilities -- Ba3 (LGD 3)
  Second Lien Senior Secured Term Loan -- B3 (LGD 5)

The principal methodology used in these ratings was Business and
Consumer Service Industry published in December 2014.



SPENDSMART NETWORKS: Isaac Blech Reports 11.9% Stake as of Sept. 21
-------------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission on Sept. 21, 2015, Isaac Blech disclosed that he
beneficially owns 2,315,000 shares of common stock of SpendSmart
Networks, Inc., which represents 11.9 percent of the shares
outstanding.

For Mr. Blech, such beneficial ownership includes 815,000 shares of
Common Stock issuable upon exercise of options owned by Mr. Blech.
Mr. Blech beneficially owns 1,166,666 shares of common stock as
sole trustee of the Liberty Charitable Remainder Trust FBO Isaac
Blech UAD 01/09/87, River Charitable Remainder Unitrust f/b/o Isaac
Blech, and West Charitable Remainder Unitrust.
Mr. Blech and the Trusts additionally hold warrants convertible for
1,295,833 shares of Common Stock that are subject to a conversion
blocker.

On March 5, 2015, the Issuer entered into a stock option agreement
pursuant to which it issued a stock option to Mr. Blech to purchase
up to an aggregate of 45,000 shares of Common Stock at a purchase
price of $0.92 per share.  The option was fully-exercisable upon
issuance and expires at the earliest of (i)
March 5, 2020; (ii) 12 month anniversary of Mr. Blech's termination
of service due to death or disability; (iii) 90 days after
termination for any reason other than death, disability or cause;
or (iv) date of termination if for cause.

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

                        http://is.gd/YQrjZu

                     About SpendSmart Networks

SpendSmart Networks, Inc., provides proprietary loyalty systems
and a suite of digital engagement and marketing services that help
local merchants build relationships with consumers and drive
revenues.  These services are implemented and supported by a vast
network of certified digital marketing specialists, aka "Certified
Masterminds," who drive revenue and consumer relationships for
merchants via loyalty programs, mobile marketing, mobile commerce
and financial tools, such as prepaid card and reward systems.  We
enter into licensing agreements for our proprietary loyalty
marketing solution with "Certified Masterminds" which sell and
support the technology in their respective markets.  The Company's
products aim to make Consumers' dollars go further when they spend
it with merchants in the SpendSmart network of merchants, as they
receive exclusive deals, earn rewards and ultimately build a
connection with their favorite merchants.

SpendSmart Networks incurred a net loss of $12.2 million on $4.03
million of total revenues for the year ended Dec. 31, 2014,
compared to a net loss of $14.09 million on $0 of total revenues
for the year ended Dec. 31, 2013.

As of June 30, 2015, the Company had $9.99 million in total assets,
$3.61 million in total liabilities and $6.37 million in total
stockholders' equity.

EisnerAmper LLP, in Iselin, New Jersey, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2014, citing that the Company has recurring net
losses since inception and has yet to establish a profitable
operation.  These factors among others raise substantial doubt
about the ability of the Company to continue as a going concern.


STANDARD REGISTER: Court Approves WilliamsMarston to Provide CRO
----------------------------------------------------------------
SRC Liquidation Company and its debtor-affiliates sought and
obtained permission from the Hon. Brendan L. Shannon of the U.S.
Bankruptcy Court for the District of Delaware to employ
WilliamsMarston LLC to provide interim management services, and
designate Landen C. Williams as replacement Chief Restructuring
Officer and Treasurer to the Debtors, nunc pro tunc to August 26,
2015.

The Debtors anticipate that during these Chapter 11 Cases, in
addition to the ordinary course duties of a chief restructuring
officer that typically arise post-sale in a liquidation context,
Mr. Williams and the WilliamsMarston Staff will perform a broad
range of services, including, without limitation, the following:

   (a) maintaining a short-term cash flow forecasting process and
       implementing cash management strategies to maintain the
       wind-down budget;

   (b) supporting the Debtors' counsel with the execution of
       strategies and initiatives to wind-down the Debtors'
       estates;

   (c) participating in stakeholder discussions, negotiations and
       diligence meetings along with the Debtors' counsel;

   (d) participating in claims processing, estimation, analysis
       and reporting to support the pursuit of a plan of
       liquidation; and

   (e) assisting with all such other liquidation matters and wind-
       down activities as may be requested by the Debtors'
       counsel.

WilliamsMarston will be paid at these hourly rates:

       Landen C. Williams, CRO            $350
       Jonathan T. Marston, Partner       $350
       Joseph Furnari, Managing Director  $300
       Paul Poirier, Director             $275
       Meg Macumber, Manager              $250
       Euan Milne, Consultant             $225
       Lynette Tsai, Consultant           $225
       Partner                            $350
       Managing Director                  $300
       Director                           $275
       Manager                            $250
       Consultant                         $225

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

Landen C. Williams, co-founder and partner of WilliamsMarston,
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.

WilliamsMarston can be reached at:

       Landen C. Williams
       WILLIAMSMARSTON LLC
       800 Boylston Street, 16th Floor
       Boston, MA 02199
       Tel: (617) 306 – 0951
       E-mail: landen@williamsmarston.com

                         About Standard Register

Standard Register provides market-specific insights and a
compelling portfolio of workflow, content and analytics solutions
to address the changing business landscape in healthcare, financial
services, manufacturing and retail markets.  The Company has
operations in all U.S. states and Puerto Rico, and currently
employs 3,500 full-time employees and 16 part-time employees.

The Standard Register Company and 10 affiliated debtors sought
Chapter 11 protection in Delaware on March 12, 2015, with plans to
launch a sale process where its largest secured lender would serve
as stalking horse bidder in an auction.

The cases are pending before the Honorable Judge Brendan L.
Shannon and are jointly administered under Case No. 15-10541.

The Debtors have tapped Gibson, Dunn & Crutcher LLP and Young
Conaway Stargatt & Taylor LLP as counsel; McKinsey Recovery &
Transformation Services U.S., LLC, as restructuring advisors; and
Prime Clerk LLC as claims agent.

The Official Committee of Unsecured Creditors tapped Lowenstein
Sandler LLP as its counsel and Jefferies LLC as its exclusive
investment banker.


TRANS COASTAL: Seeks to Use US Bank Cash Collateral
---------------------------------------------------
Trans Coastal Supply Company, Inc., seek authority from the U.S.
Bankruptcy Court for the Central District of Illinois to use cash
collateral pledged to U.S. Bank, its prepetition lender.

Without the use of cash collateral pledged to US Bank, the Debtor's
business will suffer an immediate and potentially irreparable harm,
Jeffrey D. Richardson, Esq., in Decatur, Illinois, tells the Court.
The Debtor submits that US Bank is or can be adequately protected
if an order is entered allowing the Debtor's use of cash
collateral.

Trans Coastal Supply Company, Inc., is represented by:

          Jeffrey D. Richardson, Esq.
          132 South Water Street, Suite 444
          Decatur, IL 62523
          Telephone: (217)425-4982

                   About Trans Coastal

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

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

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


VIGGLE INC: Widens Net Loss to $78.9 Million in Fiscal 2015
-----------------------------------------------------------
Viggle Inc. filed with the Securities and Exchange Commission its
annual report on Form 10-K disclosing a net loss attributable to
common stockholders of $78.87 million on $25.52 million of revenues
for the year ended June 30, 2015, compared to a net loss
attributable to common stockholders of $68.08 million on $17.98
million of revenues for the year ended June 30, 2014.

As of June 30, 2015, the Company had $70.22 million in total
assets, $54.08 million in total liabilities, $11.81 million in
series C convertible redeemable preferred stock, and $4.33 million
in total stockholders' equity.

BDO USA, LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended
June 30, 2015, citing that the Company has suffered recurring
losses from operations and at June 30, 2015, has a deficiency in
working capital that raise substantial doubt about its ability to
continue as a going concern.

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

                        http://is.gd/PMpIJ6
  
                            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.


VILLAGE COURT: Voluntary Chapter 11 Case Summary
------------------------------------------------
Debtor: Village Court, LLC
        2169 Yarrow
        Mapleton, UT 84664

Case No.: 15-28889

Chapter 11 Petition Date: September 22, 2015

Court: United States Bankruptcy Court
       District of Utah (Salt Lake City)

Judge: Hon. William T. Thurman

Debtor's Counsel: David T Berry, Esq.
                  BERRY AND TRIPP, P.C.
                  5296 South 300 West, Suite 200
                  Salt Lake City, UT 84107
                  Tel: (801) 265-0700
                  Fax: (801) 263-2487
                  Email: bt209@berrytripp.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Jerry Robinson, manager.

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


VISCOUNT SYSTEMS: Principal Accounting Officer Resigns
------------------------------------------------------
Shavi Morsara resigned as principal accounting officer and
controller of Viscount Systems, Inc., effective Sept. 15, 2015.
Mr. Morsara's resignation was not the result of any disagreement
with the Company, according to a regulatory filing with the
Securities and Exchange Commission.

                       About Viscount Systems

Burnaby, Canada-based Viscount Systems, Inc., is a manufacturer,
developer and service provider of access control security
products.

Viscount Systems reported a net loss and comprehensive loss of
C$991,000 on C$4.76 million of sales for the year ended Dec. 31,
2014, compared to a net loss and comprehensive loss of C$3.08
million on C$4.13 million of sales in 2013.

As of June 30, 2015, the Company had C$1.84 million in total
assets, C$1.74 million in total liabilities, C$16,696 in
convertible redeemable preferred stock and C$88,796 in total
stockholders' equity.

Dale Matheson Carr-Hilton Labonte LLP, in Vancouver, Canada, issued
a "going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2014, citing that the
Company has incurred losses in developing its business, and further
losses are anticipated in the future.  The Company requires
additional funds to meet its obligations and the costs of its
operations and there is no assurance that additional financing can
be raised when needed.  These factors raise substantial doubt about
the Company's ability to continue as a going concern.


WHITTEN FOUNDATION: IberiaBank Proposes Sale-Based Plan
-------------------------------------------------------
IberiaBank will appear before the U.S. Bankruptcy Court for the
Western District of Louisiana, Lake Charles Division, on Oct. 15,
2015, at 10:30 a.m., to seek approval of the disclosure statement
explaining a proposed liquidating plan for Whitten Foundation. The
Plan contemplates the sale of Whitten Foundation's apartment
complexes for $12.5 million.

Objections to the adequacy of the information in the disclosure
statement are due Oct. 8, 2015.

According to the disclosure statement, originally filed Sept. 3,
2015, and amended on Sept. 9, 2015, the foundation for Iberia's
liquidating plan is a proposed sale of the Debtor's properties to
Juniper Investment Group, Ltd. for $12,500,000.  The Debtor's
Embers property is to be sold for $9,000,000 and Courtyard Orleans
for $3,500,000.

IberiaBank says that consummation of the sale will be sufficient to
pay all allowed administrative claims, priority claims, and secured
claims in full together with a meaningful dividend to unsecured
creditors of perhaps 25% to 35%, depending on the real estate
commission and other closing costs to be incurred.

According to Iberia, the dividend could also be impacted
significantly by any decision by the Debtor on whether to assume or
reject the management contracts with Multifamily Management, Inc.
By Court Order dated June 25, 2015, the Court granted the Debtor's
motion to assume the management contracts with Multifamily.  In the
motion, the Debtor represented that Multifamily would continue
managing the Properties without the cure of the default.  In the
absence of an Order to the contrary, Iberia's Plan calls for
rejection of those management contracts.

IberiaBank notes that should the sale be consummated, holders of
allowed general unsecured claims will be paid a pro rata share of
the excess cash proceeds realized after payment of higher priority
claims, i.e., allowed administrative priority claims, priority tax
claims, the claim of Iberia and the claim of the Small Business
Administration.

The claims of Lamond Whitten and Louisiana Rental Investors were
disputed by the Debtor in its schedules, and they have failed to
file proofs of claim before the expiration of the July 31 bar date.
Accordingly, these insider claims will receive nothing under
Iberia's plan if the sale to Juniper is consummated. Similarly, any
equity interest in the Debtor, a non-profit corporation with no
shareholders, will be terminated with nothing paid on account of
those interests

                        Sale and Settlement

IberiaBank holds a first mortgage on the Properties, as well as a
priming security interest in rents and cash proceeds.  Its total
indebtedness, represented by three separate notes, is in excess of
$10.2 million, not taking into account postpetition interest and
attorneys' fees as an "oversecured" creditor within the meaning of
Section 506 of the Bankruptcy Code.  The Small Business
Administration holds a second mortgage on substantially all of the
Debtor's assets and is owed approximately $1.5 million.

Originally, Courtyard Orleans was owned by Foundation/Courtyard
Orleans, LLC, a Louisiana limited liability company whose sole
member is WF.  The Unit 9 property was formerly owned by Louisiana
Rental Investors, LLC, whose sole member is Lamond Whitten.  WF was
and remains the owner of Embers.  Iberia consented to the
prepetition transfers to WF to help facilitate one bankruptcy
filing and a more efficient series of real estate sale
transactions.  Indeed, Iberia believes the value of Courtyard
Orleans is substantially less than the $3.5 million offered by
Juniper if it is not included as part of a package deal with the
more desirable Embers property.

The Properties are being managed currently by Multifamily
Management, Inc.  Multifamily has also filed an unsecured claim for
unpaid management fees in the approximate amount of $490,000. Pat
Coffey is the owner of Multifamily and is also the Debtor in
Possession representative.

The Debtor cannot service its secured debts to Iberia and the SBA.
A mutual decision was made that the Properties would be sold in a
non-fire sale manner so that creditors could be paid as much as
possible.  Upon information and belief, the proposed sale to
Juniper represents a reasonable market value for the Properties,
Iberia tells the Court.

One of the reasons why Iberia has filed this creditor-sponsored
plan is its understanding that the Debtor would like to continue
marketing efforts rather than concentrate on consummating the sale
to Juniper.

Prior to the filing of this voluntary bankruptcy, clear title to
the Courtyard Orleans and Unit 9 properties was impeded by a series
of tax sale purchases by Boardwalk Investors US Bank, d/b/a
Boardwalk Investors and Josie Mack in 2011.  Upon information and
belief, at least $56,000 in unpaid taxes and interest have been
paid by these parties.  The Debtor failed to redeem the taxes
within the three years allowed by applicable Louisiana law.
Boardwalk filed a lawsuit in the 19th Judicial District Court for
East Baton Rouge Parish styled "Petition to Quiet Title" and that
is pending.  Boardwalk and Mack now own these small portions of the
whole and Boardwalk is demanding market value for its property
rather than merely reimbursement of actual taxes paid.  Upon
information and belief, the value of Boardwalk's property is
somewhere between $100,000 and $220,000.  Iberia is unaware of any
demand made by Mack but the total paid by Mack, upon belief, is
approximately $1,000.

Iberia's Plan presupposes a settlement of the Lawsuit with
Boardwalk and any ownership claims by Mack in order to complete the
$12.5 million sale to Juniper.  Iberia has committed to making a
postpetition super-priority loan to the Debtor in the amount of no
more than $150,000 for that purpose, with further consent to the
use of its cash collateral to make up any difference over and above
$150,000.  Based on the last operating report by the Debtor, the
Debtor has in excess of $100,000 in cash on hand.

In essence, Iberia's Plan is a two-step approach -- the settlement
with the tax purchasers and the sale to Juniper.

A copy of IberiaBank's First Amended Disclosure Statement filed
Sept. 9, 2015, is available for free at:

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

IberiaBank is represented by:

          Michael A. Crawford, Esq.
          Brett P. Furr, Esq.
          TAYLOR, PORTER, BROOKS & PHILLIPS, LLP
          Post Office Box 2471
          451 Florida Street, 8th Floor
          Baton Rouge, LA 70821-2471
          Tel: (225)381-0223
          Fax: (225)346-8049

                      About Whitten Foundation

Whitten Foundation is a non-profit corporation that owns and
operates two apartment/condominium properties located in Lake
Charles and Baton Rouge in the State of Louisiana.  The Lake
Charles property is referred to as "Embers" and the Baton Rouge
property is referred to "Courtyard Orleans." A third property,
referred to as "Unit 9" is located at the Courtyard Orleans site in
Baton Rouge but it is a single condominium.

Whitten Foundation sought Chapter 11 bankruptcy protection (Bankr.
W.D. La. Case No. 15-20237) in Lake Charles, Louisiana, on March
31, 2015.  The Debtor estimated $10 million to $50 million in
assets and debt.

Judge Robert Summerhays presides over the case.  The Debtor has
tapped Gerald J. Casey, Esq., in Lake Charles, Louisiana, as its
counsel.

The U.S. trustee overseeing Whitten Foundation's Chapter 11 case
said it wasn't able to form a committee of unsecured creditors due
to insufficient number of creditors willing to serve on the
committee.


XZERES CORP: Paul DeBruce Reports 26.5% Stake as of Aug. 28
-----------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Paul DeBruce disclosed that as of Aug. 28, 2015, he
beneficially owned 20,822,618 shares of common stock of XZERES
Corp., which represents 26.57 percent based upon 72,768,897 shares
of Common Stock issued and outstanding on July 15, 2015.

On June 9, 2015, in a private placement transaction, Mr. DeBruce,
invested $2,380,000 in the Issuer in exchange for the issuance to
the reporting person of 1,190 shares of the Issuer's Series B
Participating Preferred Stock, with $198,350 of that investment in
the Issuer being satisfied pursuant to the conversion of a Demand
Convertible Subordinated Secured Promissory Note dated as of May
27, 2015, issued by the Issuer to the reporting person and the
remaining balance being provided in cash from the reporting
person's personal funds.

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

                       http://is.gd/jKNLyu

                        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.


YARWAY CORP: Sets Oct. 19 Deadline for Filing Admin Expense Claims
------------------------------------------------------------------
Yarway Corp. announced in a court filing that it has scheduled a
deadline of October 19 for filing administrative expense claims
against the company.

Claims include those held by bankruptcy professionals who provided
services before the company's Chapter 11 reorganization plan took
effect.

Yarway, which filed for Chapter 11 protection in April 2013,
officially emerged from bankruptcy on August 19 this year.  The
company had said last month that its restructuring plan had been
"substantially consummated."

U.S. Bankruptcy Judge Brendan Linehan Shannon confirmed the plan on
April 8.  On July 14, the U.S. District Court in Delaware affirmed
the bankruptcy judge's order, court filings show.

The centerpiece of the plan, which was co-sponsored by Yarway's
parent Tyco International plc, was the establishment of a so-called
Asbestos Personal Injury Trust funded primarily with $325 million
in cash contributed by the companies.

A copy of the document detailing how the restructuring plan was
implemented is available for free at http://is.gd/e2cM0i

                    About Yarway Corporation

Yarway Corporation sought Chapter 11 protection (Bankr. D. Del.
Case No. 13-11025) on April 22, 2013, to deal with claims arising
from asbestos containing products it allegedly sold as early as the
1920s.

Yarway was founded in 1908 by Robert Yarnall and Bernard Waring as
the Simplex Engineering Company and originally manufactured pipe
clamps, steam traps, valves and controls.  Based in Pennsylvania,
Yarway was a privately-owned company until 1986 when KeyStone
International, Inc. bought equity in the company.  Yarway became a
unit of Tyco International Ltd. when Tyco purchased KeyStone in
1997.

Yarway's asbestos-related liabilities derive from Yarway's (i)
purported use of asbestos-containing gaskets and packing,
manufactured by others, in its production of steam valves and traps
from the 1920s to 1970s, and (ii) alleged manufacture of expansion
joint packing that was allegedly made up of a compound of Teflon
and asbestos from the 1940s to the 1970s.

Over the past five years, about 10,021 new asbestos claims have
been asserted against Yarway, including 1,014 in Yarway's 2013
fiscal year ending March 31, 2013.

The Debtor estimated assets and debts in excess of $100 million as
of the Chapter 11 filing.

Attorneys at Cole, Schotz P.C. and Sidley Austin LLP serve as the
Debtor's counsel in the Chapter 11 case.  Logan and Co. is the
claims and notice agent.

On May 6, 2013, the U.S. Trustee for Region 3, appointed an
official committee of asbestos personal injury claimants.  The
Committee tapped Elihu Inselbuch, Esq., at Caplin & Drysdale,
Chartered, as lead bankruptcy counsel.


[*] 10 Lateral Attorneys Join SmithAmundsen's Indianapolis Office
-----------------------------------------------------------------
The law firm of SmithAmundsen continues aggressive growth in
Indiana adding 10 lateral attorneys in less than three months to
its Indianapolis office.  This significant expansion makes the
firm's Indianapolis office its second largest and firmly cements
SmithAmundsen's position as a law firm to watch in the region.

Attorneys across the Midwest are regularly moving to SmithAmundsen
to join its supportive and inclusive culture, mindful client
service focus and a collaborative environment.  SmithAmundsen
attorneys put the client first with a commitment to work as a
business partner rather than just a service provider.

"SmithAmundsen's way of doing business is refreshing in the legal
marketplace," said Stephen Stitle, a partner in the firm's
Indianapolis office with more than 40 years of business and legal
experience.  "Many larger firms seem to have lost their way in
terms of innovating and adapting to a rapidly changing market.
SmithAmundsen provides the support my colleagues need to thrive
rather than merely survive as attorneys."

"These very talented lawyers are a great acquisition for our firm
and they're an important part of our strategic growth to serve the
broad needs of our clients," said firm founder and Executive
Committee Chairman, Glen Amundsen.  "These additions continue our
mantra – Top Flight Counsel, Bottom Line Results."

These 10 experienced attorneys join established intellectual
property attorneys Constance Lindman, Dennis Schell, Eric Lamb,
Kelly Smith and Gabriel Applegate as well as litigator Jeanne
Hamilton and labor and employment attorney Suzanne Newcomb in the
Indianapolis office.

Stephen Stitle

Stephen Stitle, Indianapolis managing partner, is a member of the
firm's banking and financial institutions and business and
transactions groups.  He is the former Chairman of PNC Bank,
Indiana and the former President of National City Bank in Indiana
and Executive Vice President of National City Corporation.  He held
executive positions at Eli Lilly and Company for nearly 25 years
where he was Secretary and Deputy General Counsel, President of
Lilly Canada; President of Hybritech, a Lilly subsidiary in San
Diego; Vice President of Global Human Resources; Vice President of
Global Corporate Affairs and head of Lilly's Washington office.  He
currently serves on the board of directors for Central Indiana
Corporate Partnership; Center for Leadership Development; Past
Chair Greater Indianapolis Chamber of Commerce; Past Chair Indiana
University Foundation; St. Vincent's Heart Center of Indiana; Simon
Youth Foundation; and Develop Indy.  Additionally he sits on the
board of trustees of Junior Achievement of Central Indiana.

John Tanselle

John Tanselle, partner, Banking & Financial Institutions, has more
than 30 years of experience counseling the management of financial
institutions and their boards of directors with respect to general
corporate matters, corporate governance issues, securities law
compliance, regulatory compliance, regulatory enforcement
situations and executive compensation issues.  Mr. Tanselle acted
as chair of the Financial Institutions Practice Group and served as
a member of the Executive Committee of the law firm of Krieg
DeVault before joining SmithAmundsen.  He currently serves on the
board of directors of the Methodist Health Foundation and Christian
Theological Seminary in Indiana.

Martha Lehman

Martha Lehman, partner, Insolvency & Restructuring, handles all
facets of bankruptcy and insolvency representation including
secured lenders, unsecured creditors, creditors' committees and
debtors.  She is board certified in the area of Business Bankruptcy
by the American Board of Certification.

Debra Mastrian

Debra Mastrian, partner, Labor & Employment, represents management
in a variety of matters, including wage and hour violations and
retaliation claims, and she prosecutes and defends claims involving
non-compete and non-solicitation agreements, misappropriation of
trade secrets, and other forms of unfair competition.  She defends
collective and class actions, including FLSA collective actions and
represents employers in proceedings before the Equal Employment
Opportunity Commission, the U.S. Department of Labor, U.S.
Department of Housing and Urban Development, and the Indiana Civil
Rights Commission, among other agencies.

Melinda Shapiro

Melinda Shapiro, partner, Health Care, defends medical
professionals and health care providers in litigation and
enforcement proceedings before state and federal courts, and before
government agencies and counsels health care providers in
developing proactive risk-management approaches.  She currently
serves as board president of Hooverwood Nursing Home in Indiana and
formerly served on the board of the Indiana Chamber of Commerce.

Gina Thompson

Gina Thompson, partner, Health Care, is an attorney and a
registered nurse.  Her twenty year career in health care has
supplied her with an extensive background in all matters affecting
health care providers including hospitals and health care systems,
physicians and provider groups, home health and hospice agencies,
and more.  She counsels clients on matters relating to compliance,
regulations and standards and she assists clinical, operational,
and executive leaders with the interpretation and application of
state and federal rules and health care regulations.  Ms. Thompson
is formerly Executive Director of IU Health Regulatory Affairs.

Larry Tomlin

Larry Tomlin, partner, Banking & Financial Institutions, represents
commercial banks, thrifts, bank holding companies and public and
private corporations.  He advises financial institutions on matters
including dealing with bank regulatory agencies, responding to
adverse regulatory examinations, and the implementation of new
regulations under the Dodd–Frank Wall Street Reform and Consumer
Protection Act.  Mr. Tomlin currently serves of the board of
directors for the Young Audiences of Indiana.

Mark Wenzel

Mark Wenzel, partner, Insolvency & Restructuring, counsels
creditors, debtors and investors.  He is board certified in the
area of Business Bankruptcy by the American Board of Certification.
He is former chair of the Indianapolis Bar Association, commercial
law and bankruptcy section.

Laura Bonadies

Laura Bonadies, associate, Health Care, defends nursing homes,
transitional care facilities, hospitals, and other health care
providers in medical malpractice litigation.

Philip List

Philip List, associate, Health Care, represents health care
providers in medical malpractice litigation.  Outside the office,
Mr. List volunteers his time with the Hugh O'Brian Youth Leadership
Foundation Indiana and Back on My Feet Indianapolis.

                      About Smithamundsen

SmithAmundsen -- http://www.salawus.com/-- is a law firm comprised
of more than 150 attorneys practicing from offices in Chicago, St.
Charles, Rockford and Woodstock, IL; Indianapolis, IN; St. Louis,
MO; and Milwaukee, WI.  The firm handles the transactional, labor
and employment and litigation needs of companies across the U.S.  



[*] American Sectors Face Significant Exposure to China Slowdown
----------------------------------------------------------------
Non-financial companies within the metals and mining, oil and gas,
chemicals, steel, auto manufacturing and gaming sectors in the
Americas are materially exposed to China's slowing economy, says
Moody's Investors Service.

"The sectors most at risk have either the highest proportion of
revenues generated in China or a high level of indirect exposure,"
said Tom Marshella, a Moody's Managing Director.  "The metals and
mining sector, for instance, is directly exposed in terms of both
export volumes and the knock-on effect of lower prices, while the
oil and gas sector is vulnerable to the indirect impact of Chinese
demand on prices."

China accounted for about half of global consumption of key base
metals in 2014, suggesting significant risk for the industry amid
weak Chinese demand, according to the report, "Non-Financial
Corporates - Americas: China Exposure Significant for Some, But
Immaterial for Most." Similarly, weak demand in China could drag
down volumes, prices and margins in the oil and gas sector.  A
steeper-than-expected slowdown in Chinese GDP growth could delay
improvement in the credit profiles of major US auto manufacturers.

Weak demand in China could also exacerbate the existing
supply-demand imbalances in the chemicals, steel and gaming
sectors. Leading casino operators have significant exposure to the
Macau market.

Moody's maintains its GDP growth forecast of 6.8% for China in
2015, but has slightly revised its forecast for 2016 to 6.3% from
6.5%.  In subsequent years, China's GDP growth is likely to slow
towards 6%.

"While this represents a significant slowdown over previous years,
China's GDP growth rate still remains well ahead of most developed
countries, with further policy support likely to keep the economic
slowdown gradual," added Marshella.

Industries that have modest exposure to China's slowing economy
include semiconductor, electronics manufacturing services,
commercial aerospace, auto parts, consumer products, drug/medical
device and manufacturing.  Those with little to no exposure are
restaurants, paper and forest products, diversified technology,
payment processors, retail, telecom, cable/media and airlines.



[*] Fitch: US Energy Debt Exchanges Provide Little Interest Relief
------------------------------------------------------------------
The majority of recent distressed debt exchanges (DDEs) in the
energy space have provided limited interest relief to high-yield
E&P companies, according to Fitch Ratings. In several cases,
outside of the exchange transaction itself, additional secured debt
was issued, increasing total cash interest costs. As the overall
interest relief provided in these transactions was limited, in a
lower-for-longer commodity price environment, further
restructurings may be needed to right-size capital structures,
highlighting continuing risks for unsecured bond holders. Exchanges
to date have generally fallen into two types; exchanges that swap
unsecured debt for higher priority secured claims or equity, with
limited impact on overall liquidity, and exchanges where
incremental second- or third-lien debt is issued, generating
liquidity at the cost of higher interest expense.

Liquidity-neutral exchanges have primarily reduced unsecured
principal balances without significant reductions in annual
interest costs, lowering pro forma leverage metrics while not
materially improving cost structures or interest coverage. An
example includes Halcon Resources (HK) third-lien exchange in
August, which lowered balance sheet debt by approximately $550
million on a base of $3.89 billion in debt at March 31, 2015, but
produced pro forma annual interest savings of just $12 million, or
less than $1 per barrel of oil equivalent (boe) based on run-rate
production of 15.5 million boe per year.

Liquidity-enhancing transactions have created a cash buffer for
several high-yield names, including Midstates Petroleum (MPO) and
Sandridge Energy (SD). For example, MPO's debt exchange in May
converted $630 million in unsecured notes into $504 million of
third-lien notes (10% coupon with 2% PIK feature), resulting in
annual interest savings to the company of $15 million assuming
exercise of the PIK feature. Concurrently, MPO's second-lien
issuance bolstered liquidity by adding cash to the balance sheet.
However, when accounting for interest costs associated with the
company's second-lien debt, total interest costs increased by $47
million per year, or approximately $2/boe. It is important to note
that the capital markets window that allowed a number of the
liquidity-enhancing second- and third-lien note deals to be done
was open for a relatively brief period earlier this year when oil
prices spiked up, but has since remained closed.

In these transactions, liquidity has come at the cost of higher
interest costs per boe, decreasing the competitiveness of the
company's cost structure in the short run. For companies making
this trade-off, a return to higher oil and gas prices or additional
reductions in operating costs may be necessary to overcome higher
interest burdens. In general, interest costs of over $10/boe are
indicative of aggressive capital structures and serve to lower
competiveness, given the inability to lower these costs outside of
restructuring activities or production growth, which is less likely
in a commodity downcycle.



[*] Former Greenberg Traurig Lawyer Loesberg Joins Kelley Drye
---------------------------------------------------------------
Kelley Drye & Warren LLP said Michael J. Loesberg has joined the
firm as a partner, based in its New York office. Mr. Loesberg
represents national and international banks and other financial
institutions, finance companies and hedge funds in syndicated and
single-lender loan transactions, asset-based lending and other
commercial lending matters, including revolving loans, term loans
and letters of credit, multi-currency transactions, cross-border
transactions and intercreditor arrangements. He also advises on
business reorganization and financial restructuring transactions,
including debtor-in possession financing and exit financing.

He joins Kelley Drye from Greenberg Traurig, LLP, where he was a
shareholder. Mr. Loesberg began his career as law clerk to The
Honorable Geraldine Mund of the United States Bankruptcy Court for
the Central District of California.

"We are thrilled to have Mike Loesberg join Kelley Drye's growing
corporate practice," said Timothy R. Lavender, chair of Kelley
Drye's national Corporate Practice. "Mike's experience advising
financial institutions on middle-market transactions expands our
group's capabilities, allowing us to better serve clients in this
area."

"Kelley Drye's reputation as a firm that handles matters with a
personal touch complements the needs of my clients and the nuances
of their transactions. I look forward to joining this team of top
corporate and finance lawyers," said Mr. Loesberg.

Mr. Loesberg received his J.D. with Honors from George Washington
University Law School and his B.A. cum laude from Colgate
University.


[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Robert M. Gerstein
   Bankr. C.D. Cal. Case No. 15-13016
      Chapter 11 Petition filed September 10, 2015

In re James Richard Evanoff and Victoria Ann Evanoff
   Bankr. N.D. Ill. Case No. 15-30868
      Chapter 11 Petition filed September 10, 2015

In re Annette McClain-Betley
   Bankr. E.D. Mich. Case No. 15-53407
      Chapter 11 Petition filed September 10, 2015

In re Raymond Edward Brannen and Kathy Ann Brannen
   Bankr. D. Nev. Case No. 15-15211
      Chapter 11 Petition filed September 10, 2015

In re Uprising Realty Corp.
   Bankr. E.D.N.Y. Case No. 15-44164
      Chapter 11 Petition filed September 10, 2015
         See http://bankrupt.com/misc/nyeb15-44164.pdf
         represented by: Peter M. Zirbes, Esq.
                         PETER M. ZIRBES, ESQ., P.C.
                         E-mail: pmzesq@aol.com

In re King Center Corp., an unincorporated company/business
      association
   Bankr. E.D.N.Y. Case No. 15-44165
      Chapter 11 Petition filed September 10, 2015
         See http://bankrupt.com/misc/nyeb15-44165.pdf
         represented by: Howard J. Berman, Esq.
                         ELLENOFF GROSSMAN & SCHOLE, LLP
                         E-mail: hberman@egsllp.com

In re Q & O Estates Inc.
   Bankr. E.D.N.Y. Case No. 15-44168
      Chapter 11 Petition filed September 10, 2015
         See http://bankrupt.com/misc/nyeb15-44168.pdf
         Filed Pro Se

In re Mazor's Bakery LLC
   Bankr. E.D.N.Y. Case No. 15-44176
      Chapter 11 Petition filed September 10, 2015
         See http://bankrupt.com/misc/nyeb15-44176.pdf
         represented by: Alla Kachan, Esq.
                         LAW OFFICES OF ALLA KACHAN, P.C.
                         E-mail: alla@kachanlaw.com

In re Glen S. Kay, M.D., P.C.
        dba OMNI Medical Care
   Bankr. S.D.N.Y. Case No. 15-36669
      Chapter 11 Petition filed September 10, 2015
         See http://bankrupt.com/misc/nysb15-36669.pdf
         represented by: Thomas Genova, Esq.
                         GENOVA & MALIN
                         E-mail: genmallaw@optonline.net

In re Zaler Pop Holdings of Youngstown, LLC
   Bankr. N.D. Ohio Case No. 15-41652
      Chapter 11 Petition filed September 10, 2015
         See http://bankrupt.com/misc/ohnb15-41652.pdf
         represented by: Andrew W. Suhar, Esq.
                         SUHAR & MACEJKO, LLC
                         E-mail: asuhar@suharlaw.com

In re Ross Alan Day and Shelley Juline Day
   Bankr. D. Or. Case No. 15-63077
      Chapter 11 Petition filed September 10, 2015

In re Day Law Group, P.C.
   Bankr. D. Or. Case No. 15-63078
      Chapter 11 Petition filed September 10, 2015
         See http://bankrupt.com/misc/orb15-63078.pdf
         represented by: Ross Alan Day, Esq.
                         DAY LAW GROUP, P.C.
                         E-mail: ross@daylawpc.com

In re Thierry J. Soursac
   Bankr. E.D. Pa. Case No. 15-16512
      Chapter 11 Petition filed September 10, 2015

In re Academia Del Parque Inc.
   Bankr. D.P.R. Case No. 15-06984
      Chapter 11 Petition filed September 10, 2015
         See http://bankrupt.com/misc/prb15-06984.pdf
         represented by: Miriam A. Murphy, Esq.
                         MURPHY LAW OFFICE
                         E-mail: mamurphyli82@gmail.com

In re Douglas Howard Lacey and Laura Anne Lacey
   Bankr. W.D. Wash. Case No. 15-15449
      Chapter 11 Petition filed September 10, 2015

In re Sheri Lou Pearce and Robert Raymound Pearce
   Bankr. D. Colo. Case No. 15-20229
      Chapter 11 Petition filed September 11, 2015

In re Muhammad J. Toor
   Bankr. D. Conn. Case No. 15-51292
      Chapter 11 Petition filed September 11, 2015

In re Meridian Medical Systems LLC
   Bankr. D. Me. Case No. 15-20640
      Chapter 11 Petition filed September 11, 2015
         See http://bankrupt.com/misc/meb15-20640.pdf
         represented by: Bruce B. Hochman, Esq.
                         EATON PEABODY
                         E-mail: bhochman@eatonpeabody.com

In re Four Rivers Land Company
   Bankr. D. Md. Case No. 15-22683
      Chapter 11 Petition filed September 11, 2015
         See http://bankrupt.com/misc/mdb15-22683.pdf
         represented by: Geri Lyons Chase, Esq.
                         LAW OFFICE OF GERI LYONS CHASE
                         E-mail: gerichase@verizon.net

In re Rajesh Nedungadi
   Bankr. D. Md. Case No. 15-22704
      Chapter 11 Petition filed September 11, 2015

In re Delta Radio Network, LLC
   Bankr. N.D. Miss. Case No. 15-13216
      Chapter 11 Petition filed September 11, 2015
         See http://bankrupt.com/misc/msnb15-13216.pdf
         represented by: Jeffrey A. Levingston, Esq.
                         LEVINGSTON & LEVINGSTON, P.A.
                         E-mail: jleving@bellsouth.net

In re Delta Radio, LLC
   Bankr. N.D. Miss. Case No. 15-13217
      Chapter 11 Petition filed September 11, 2015
         See http://bankrupt.com/misc/msnb15-13217.pdf
         represented by: Jeffrey A. Levingston, Esq.
                         LEVINGSTON & LEVINGSTON, P.A.
                         E-mail: jleving@bellsouth.net

In re Paul Thompson and June Thompson
   Bankr. S.D.N.Y. Case No. 15-12530
      Chapter 11 Petition filed September 11, 2015

In re Debra L. Russell
   Bankr. W.D. Pa. Case No. 15-23345
      Chapter 11 Petition filed September 11, 2015

In re Laura Cecelia Roy
   Bankr. W.D. Pa. Case No. 15-23364
      Chapter 11 Petition filed September 11, 2015

In re Mid-South Auto Auction, Inc.
   Bankr. E.D. Tenn. Case No. 15-32755
      Chapter 11 Petition filed September 11, 2015
         See http://bankrupt.com/misc/tneb15-32755.pdf
         represented by: Thomas Lynn Tarpy, Esq.
                         TARPY, COX, FLEISHMAN & LEVEILLE, PLLC
                         E-mail: ltarpy@tcflattorneys.com

In re Timothy M. Wooters
   Bankr. S.D. Tex. Case No. 15-80332
      Chapter 11 Petition filed September 11, 2015

In re Kevin William Kliefoth
   Bankr. W.D. Tex. Case No. 15-11194
      Chapter 11 Petition filed September 11, 2015



                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

                            *********

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.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***