TCR_Public/151012.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Monday, October 12, 2015, Vol. 19, No. 285

                            Headlines

21ST CENTURY ONCOLOGY: 21CI Amends LLC Agreement
21ST CENTURY ONCOLOGY: 21CI Grants Incentives to CEO, CFO and CMO
22ND CENTURY: Appoints Paul Rushton VP of Plant Biotechnology
24 NORTH AVENUE: Case Summary & 6 Largest Unsecured Creditors
33 PECK: Makes Minor Revisions to Full-Payment Plan

33 PECK: New York Has Issues with Full-Payment Plan
33 PECK: New York Wants Case Slowed Down, Cites Lack of Notice
ABB/CON-CISE OPTICAL: Moody's Affirms 'B3' Corporate Family Rating
AK STEEL: Moody's Puts 'B3' CFR Under Review for Downgrade
ALAMOS GOLD: S&P Affirms 'B' Corp Credit Rating, Off Watch Positive

ALPHA NATURAL: Committee Taps Blackacre as Coal Consultant
ALPHA NATURAL: Committee Taps Jefferies LLC as Investment Banker
ALPHA NATURAL: Court Approves Settlement With State of Wyoming
ALPHA NATURAL: Files Schedules of Assets And Liabilities
ALPHA NATURAL: Taps Ernst & Young for Tax, Valuation Services

AMERICAN AIRLINES: Trans World Pilots' Suit Partially Junked
AMERICAN APPAREL: Standard General Owns 1.54M Shares as of Oct. 4
ANACOR PHARMACEUTICALS: BlackRock Has 10.2% Stake at Sept. 30
ANDALAY SOLAR: Incurs $527,000 Net Loss in Second Quarter
API TECHNOLOGIES: Incurs $6.29 Million Net Loss in Third Quarter

ATLANTIC & PACIFIC: Employees Ask Judge to Reject Non-Union Bid
ATLANTIC & PACIFIC: Seeks $22.3M Sale of 3 Morton Williams Stores
ATLANTIC & PACIFIC: Seeks to Extend Automatic Stay to Non-Debtors
BIOLIFE SOLUTIONS: Reports Record Revenue for Q3 2015
BIOLIFE SOLUTIONS: Walter Villiger Reports 39.3% Stake as of Oct. 6

BLACK ELK ENERGY: Files Schedules of Assets And Liabilities
BLACK ELK: Noteholders Group Has Objections to Liberty Deal
BLACK ELK: Seeks Approval of Settlement With Liberty, et al.
BOREAL WATER: Former Auditor Suspended from Practice
BPZ RESOURCES: Liquidating Plan Headed for Nov. 12 Confirmation

BRANDON BARBER: 8th Cir. Backs New Trial for Atty Accused of Fraud
BROOKLYN RENAISSANCE: Seeks $8.1M Sale of Brooklyn Properties
BUNKERS INT'L: Files Schedules of Assets and Liabilities
CACHE INC.: Seeks February 1 Extension of Plan Filing Date
CAESARS ENTERTAINMENT: Amended Plan Supported by Senior Creditors

CAESARS ENTERTAINMENT: Amends 4th Amended RSA with Bondholders
CAESARS ENTERTAINMENT: Can't Protect Parent from Creditor Suits
CAESARS ENTERTAINMENT: Fifth Amended and RSA Takes Effect
CAESARS ENTERTAINMENT: Plan Backed by $12B of Capital Structure
CALATLANTIC GROUP: Moody's Hikes Corporate Family Rating to Ba2

CERVANTES INC: Case Summary & 20 Largest Unsecured Creditors
COLLEGE NETWORK: Is Insolvent & Owes $12M, Credit Union Says
COLT DEFENSE: Court Halts Litigation of Creditors Against Landlord
COLT DEFENSE: Files Plan of Reorganization & Disclosure Statement
COMDISCO HOLDING: Files Motion to Approve Litigation Settlement

COWLITZ TRIBAL: Moody's Assigns B3 Corporate Family Rating
CRP-2 HOLDINGS: Panel Wants to Hire SugarFGH as Substitute Counsel
DORAL FINANCIAL: Wants Until Dec. 31 to Propose Chapter 11 Plan
ELBIT IMAGING: Announces Update to Unit's Acquisition of Loan
ELBIT IMAGING: Disallows Electronic Voting for Director Election

ELBIT IMAGING: FDA OKs Exablate System for Treatment in the USA
ENESCO GROUP: Ch. 7 Trustee's Settlement with US Gov't Enforced
EPWORTH VILLA: Wants Exclusive Periods Extended Until Oct. 14
ERIC'S FOREIGN: Case Summary & 20 Largest Unsecured Creditors
FELD FAMILY: Court Enters Final Decree Closing Bankruptcy Case

FLORIDA ENGINEERED: Tax Court Says Shareholders Still Owe Debts
FREEDOM INDUSTRIES: Gets Court Approval of Reorganization Plan
GEO V HAMILTON INC: 10 Law Firms with Largest Asbestos Claimants
GEO V HAMILTON INC: Case Summary & 20 Top Unsecured Creditors
GEO V HAMILTON INC: Hires Logan & Company as Claims Agent

GEO V HAMILTON INC: In Chapter 11 to Resolve Asbestos Suits
GEO V HAMILTON INC: Seeks Approval of $4.5-Mil. DIP Financing
GUIDED THERAPEUTICS: David Musket Reports 4.3% Stake at Oct. 5
HANLIN GROUP: Mallinckrodt to Fund River's Mercury Clean Up
HERCULES OFFSHORE: Steering Group Appeals Removal of Exculpation

HOLY HILL: Full-Payment Plan Has Nov. 5 Confirmation Hearing
HOLY HILL: Wilshire, 1111 Sunset Insist Plan Impairs Their Claims
INTELLIPHARMACEUTICS INT'L: Announces Third Quarter 2015 Results
INTELLIPHARMACEUTICS INT'L: To Present at Dawson Stock Conference
INTERPHASE CORP: Nasdaq to Delist Stock Following Chapter 7 Filing

KARMALOOP INC: Court Converts Case to Chapter 7 Liquidation
KS HOLDINGS II: Case Summary & 5 Largest Unsecured Creditors
LEHMAN BROTHERS: Judge Rejects Bulk of Ex-Trader's Bonus Request
LEHMAN BROTHERS: Star Trader's $83M Bonus Claim Mostly Rejected
LIGHTSQUARED INC: Injunction Against Chairman Vacated as Too Broad

LIQUIDMETAL TECHNOLOGIES: Visser Precision Owns 8% Class A Shares
LONDON FINANCE: Ruling on Motion to Withdraw Reference Deferred
MALIBU LIGHTING: BofA Consents to Cash Collateral Use
MALIBU LIGHTING: Court Approves Joint Administration of Cases
MALIBU LIGHTING: Court OKs KCC as Claims and Noticing Agent

MALIBU LIGHTING: Court OKs Payment of $1.6M to Critical Vendors
MALIBU LIGHTING: Hires Kurtzman Carson as Claims & Noticing Agent
MALIBU LIGHTING: NCOC Gets Interim Nod for $21.5M DIP Financing
MALIBU LIGHTING: NCOC Seeks Approval of Sale to DMC for $36.8M
MALIBU LIGHTING: Seeks Joint Administration of Cases

MALIBU LIGHTING: Wants to Use Comerica Bank's Cash Collateral
MIDSTATE MILLS: Georgia State Suit Can Proceed
MIDSTATES PETROLEUM: Eagle Lowers Stake to 28.6% as of Oct. 8
MIDSTATES PETROLEUM: Eagle Stake Down to 29.9% as of Oct. 6
MIDWAY GOLD: Has Until Jan. 18, 2016 to Propose Chapter 11 Plan

MILAGRO OIL: Plan Centered on $217M Deal Gets Green Light
MMM HOLDINGS: Moody's Cuts Corporate Family Rating to Caa1
MOBIVITY HOLDINGS: Amends 30.1 Million Shares Resale Prospectus
MONTREAL MAINE: Insurer Reaches $3M to Settle Liability Dispute
MONTREAL MAINE: U.S. Judge Approves Plan, $343-Mil. Deal

MONTREAL MAINE: Victims Committee Supports Trustee's Plan
N&H INVESTMENTS: Bid to Withdraw Reference Mooted
NEONODE INC: Estimates $2.9M to $3.1M Third Quarter Revenue
NEONODE INC: Prices Public Offering of Common Stock
NET ELEMENT: Signs Additional Letter Agreement with Investors

NGL ENERGY: Fitch Affirms 'BB' Issuer Default Rating
NORTH AMERICAN HEALTH: Bid to Transfer Qui Tam Suit Venue Denied
OPTIMUMBANK HOLDINGS: Fails to Regain Compliance with Nasdaq Rule
PAINT FACTORY: Ex-Worker May Pursue Federal Employment Claims
PATRIOT COAL: Reaches $50M to Cover Environmental Cleanup Duties

PESCRILLO NEW YORK: Case Summary & 20 Largest Unsecured Creditors
PHILADELPHIA CORP: Moody's Cuts 2001A Revenue Bonds to Ba3
PHOENIX COYOTES: Ex-Owner Slams NHL's Claims Over Reorganization
PIEDMONT CENTER: Bank's Summary Judgment Bid Partially Granted
PIONEER ROOFING: Case Summary & 20 Largest Unsecured Creditors

PLANDAI BIOTECHNOLOGY: Former Accountant Suspended Permanently
PROQUEST LLC: Moody's Puts B2 CFR on Review for Downgrade
PSN USA: Trust Cannot Avoid $3MM Paid to Intelsat, 11th Circ. Says
QUANTUM CORP: Soros Fund Reports 1% Stake as of Oct. 5
RADIOSHACK CORP: Bankruptcy Plan Declared Effective

RADIOSHACK CORP: Final Admin. Claim Bar Date Set for Dec. 7
REDF MARKETING: Court Allows $1.2MM Clawback Suits to Proceed
RETROPHIN INC: Jennison Assoc. Reports 6.4% Stake as of Sept. 30
RETROPHIN INC: Prudential Financial Owns 6.5% Stake as of Sept. 30
ROADRUNNER ENTERPRISES: Bank Seeks Adequate Protection

ROTONDO WEIRICH: Cases Jointly Administered for Procedural Purposes
RUFFIN RD VENTURE: Case Summary & 11 Largest Unsecured Creditors
SANTA FE VISTA: Involuntary Chapter 11 Case Summary
SEA LAUNCH: Boeing Wins Summary Judgment in Satellite JV Suit
SHADYLANE HOLDINGS: Voluntary Chapter 11 Case Summary

SIGA TECHNOLOGIES: Has Until Nov. 5 to File Chapter 11 Plan
STEREOTAXIS INC: Announces Results of Warrants Offering
STRATECO RESOURCES: Quebec Courts Renews Initial CCAA Order
TA PROPERTIES: Fourth Amended Chapter 11 Plan Confirmed
TAYLOR-WHARTON INT'L: Oct. 20 Hearing on Chapter 11 Auction

TRANSOCEAN INC: Fitch Lowers IDR to 'BB+', Outlook Stable
U.S. COAL: Ch. 7 Trustee OK'd to Hire Litigation Counsel
VALITAS HEALTH: S&P Lowers CCR to 'CCC', Still on Watch Negative
VIGGLE INC: May Issue 2.5-Mil. Shares Under 2011 Incentive Plan
WAFERGEN BIO-SYSTEMS: AWM Reports 4.9% Stake as of Sept. 30

WALTER ENERGY: May Use Cash Collateral Through Nov. 20
WEIAND AUTOMOTIVE: Bid to Junk Cleanup Cost Suit Partially OK'd
WIRE COMPANY: Case Summary & 30 Largest Unsecured Creditors
WIRE COMPANY: Files for Chapter 11 With Deal to Sell for $8M
WIRE COMPANY: Obtains Commitment for $3.7-Mil. DIP Facility

WIRE COMPANY: Proposes to Pay $650,000 Critical Vendors Claims
WIRE COMPANY: Wants 30-Day Extension for Schedules and Statements
XINERGY LTD: Time to Decide on Leases Extended Until Nov. 2
ZOGENIX INC: RA Capital Reports 7.5% Stake as of Sept. 28
[*] Cadwalader's John Thompson Joins McGuireWoods

[*] FDIC Asserts Suit Against Banks Over Colonial as Timely
[*] Texas Atty Says Deal With Firm Can't Ax Claim Against Client
[*] University Spinouts, Worry About Failures Proliferate
[] Global Regulators Reach Draft Deal on Top Banks' Bail-in Bonds
[^] BOND PRICING: For the Week from October 5 to 9, 2015


                            *********

21ST CENTURY ONCOLOGY: 21CI Amends LLC Agreement
------------------------------------------------
21st Century Oncology Investments, LLC, the sole stockholder of
21st Century Oncology Holdings, Inc., entered into the Seventh
Amended and Restated Limited Liability Company Agreement.  The
Amended LLC Agreement amends and restates the Sixth Amended and
Restated Limited Liability Company Agreement of 21CI, dated as of
July 2, 2015, in its entirety to, among other things, authorize two
new classes of incentive units of 21CI, Class D and Class E Units,
and amend the waterfall distribution provisions.  Each recipient of
such Class D and/or Class E Units forfeits any and all incentive
equity units previously granted to him or her.  Under the Amended
LLC Agreement, 21CI now has ten classes of equity outstanding: SFRO
Preferred Units, Preferred Units, Class A Units, Class D Units,
Class E Units, Class G Units, Class M Units, Class MEP Units, Class
N Units and Class O Units.  The other material terms of the Prior
LLC Agreement remain unchanged.  The Amended LLC Agreement contains
customary indemnification provisions relating to unitholders and
managers and officers of 21CI.

                        About 21st Century

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

The Company's balance sheet at June 30, 2014, showed $1.11 billion
in total assets, $1.38 billion in total liabilities, $46.65
million in noncontrolling interests-redeemable, and a $325.04
million total deficit.

                            *     *     *

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

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


21ST CENTURY ONCOLOGY: 21CI Grants Incentives to CEO, CFO and CMO
-----------------------------------------------------------------
21st Century Oncology Investments, LLC, entered into incentive unit
grant agreements with each of Dr. Daniel E. Dosoretz, the Company's
chief executive officer, Ms. LeAnne M. Stewart, the Company's chief
financial officer, and Dr. Constantine A. Mantz, the Company's
chief medical officer.  Pursuant to the Incentive Agreements, 21CI
granted to Dr. Dosoretz 10 Class D Units and 164,473 Class E Units,
to Ms. Stewart 123,355 Class E Units, and to Dr. Mantz 82,237 Class
E Units.  In addition, 21CI has entered into similar Incentive
Agreements with other members of the Company's senior management.

The Incentive Units were fully vested upon grant.  With regard to
Dr. Dosoretz, if he is terminated for cause, resigns for a reason
other than good reason or disability, or engages in a prohibited
activity, all of his respective Incentive Units shall be forfeited
immediately without consideration.  With regard to Ms. Stewart and
Dr. Mantz, if either executive officer is terminated for any or no
reason, or engages in a prohibited activity, all of his or her
respective Incentive Units shall be forfeited immediately without
consideration.

Under the Amended LLC Agreement, to which each of Dr. Dosoretz, Ms.
Stewart and Dr. Mantz is a party, upon a Company Sale as defined in
the Amended LLC Agreement, all holders of a particular class or
series of securities would receive the same form and amount of
assets per share, provided that to the extent cash is included in
such assets, such cash shall first be distributed to the Preferred
Unitholders, if they so elect by vote of holders of a majority of
the Preferred Units.  Upon a Public Offering, as defined in the
Amended LLC Agreement, Dr. Dosoretz, Ms. Stewart and Dr. Mantz
would be entitled to receive IPO Consideration, also as defined in
the Amended LLC Agreement.  One-third of such IPO Consideration
would be awarded in the form of cash or Company common stock, as
determined by the Board of Managers, in its sole discretion, and
two-thirds of such IPO Consideration would be awarded in the form
of a restricted stock award or a restricted stock unit award for
Company common stock under an equity compensation plan then in
effect.  Any Incentive Units not allocated any Company common stock
shall be forfeited and cancelled without further consideration,
provided that, as holders of Class E Units, Dr. Dosoretz, Ms.
Stewart and Dr. Mantz shall be issued options to acquire shares
pursuant to an equity compensation plan then in effect, if they are
not allocated any Company common stock.  The Board of Managers will
determine the number of shares, the exercise price and other terms
and conditions thereto, in its sole discretion.

Class D and Class E Bonus Plans

On Oct. 7, 2015, the Company adopted the Class D and Class E Bonus
Plans to provide certain employees and other service providers of
21CI and its affiliates with an opportunity to receive additional
compensation based on the Equity Value (as defined in the Bonus
Plans and described in general terms below) of 21CI in connection
with a Company Sale or Public Offering (as defined in the Bonus
Plans).  Upon the first to occur between a Company Sale and a
Public Offering, the following bonus pools will be established:

   * With regard to the Class D Bonus Plan, a bonus pool will be
     established equal in value to five percent of the Equity
     Value of 21CI in excess of $19,000,000 and up to $210,500,000

     (i.e. a maximum bonus pool of $9,575,000).

   * With regard to the Class E Bonus Plan, a bonus pool will be
     established equal in value to six percent of the Equity Value

     of 21CI in excess of $169,000,000 and up to $210,500,000
    (i.e. a maximum bonus pool of $2,490,000).

A participant in a Bonus Plan will participate in the applicable
bonus pool based on his or her award percentage.  With regard to
the Class D Bonus Plan, Dr. Dosoretz is the only participant.  With
regard to the Class E Bonus Plan, Dr. Dosoretz, Ms. Stewart and Dr.
Mantz have received award percentages under the Bonus Plan equal to
16.44730%, 12.33550% and 8.22370%, respectively.

Payment of awards under the Bonus Plans generally will be made as
follows:

   * If the applicable liquidity event is a Company Sale, payment
     of awards under each of the Bonus Plans generally will be
     made in cash within the thirty days following consummation of

     the Company Sale.  However, the Company reserves the right,
     under each of the Bonus Plans, to make payment in the same
     form as the proceeds received by 21CI and its equity holders
     in connection with the Company Sale, if such Company Sale
     proceeds do not consist of all cash.

   * If the applicable liquidity event is a Public Offering, (i)
     one-third of the award will be paid within the forty-five
     days following the effective date of the Public Offering and
     (ii) the remaining two-thirds of the award will be payable in

     two equal annual installments on each of the first and second

     anniversaries of the effective date of the Public Offering.  
     Payment of the award may be made in cash, stock or a
     combination thereof, as determined by the applicable Bonus
     Plan administrative committee in its sole discretion.  With
     respect to payment of the portion of the award payable on the

     first and second anniversaries of the effective date of the
     Public Offering, the Company may satisfy its payment
     obligation by granting to the participant a restricted stock
     award or a restricted stock unit award under any equity
     compensation plan of the Company then in effect.

Unless otherwise set forth in an award agreement, the right to
receive payment under the Bonus Plans is subject to a participant's
continued employment with 21CI or its affiliates through the date
of payment.

For purposes of the Bonus Plans, the term "Equity Value" generally
refers to: (i) if the applicable liquidity event is a Company Sale,
the aggregate fair market value of the cash and non-cash proceeds
received by 21CI and its equity holders in connection with the
Company Sale or (ii) if the applicable liquidity event is a Public
Offering, the aggregate fair market value of 100% of the common
stock of the Company on the effective date of such Public
Offering.

                        About 21st Century

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

The Company's balance sheet at June 30, 2014, showed $1.11 billion
in total assets, $1.38 billion in total liabilities, $46.65
million in noncontrolling interests-redeemable, and a $325.04
million total deficit.

                            *     *     *

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

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


22ND CENTURY: Appoints Paul Rushton VP of Plant Biotechnology
-------------------------------------------------------------
22nd Century Group, Inc., announced the appointment of Paul J.
Rushton, Ph.D. as the Company's vice president of Plant
Biotechnology.  

"Dr. Rushton is uniquely qualified to grow and commercialize the
Company's impressive patent portfolio relating to both tobacco and
cannabis.  He has extensive experience in tobacco biotechnology,
including work at the University of Virginia on 22nd Century
sponsored research projects, as well as nearly a decade working at
the world-renowned Max Planck Institute for Plant Breeding in
Germany," the Company said in a press release.

Dr. Rushton has published over 50 scientific articles in the United
States and abroad.  He serves on the editorial boards of a number
of scientific journals.  While at the Max Planck Institute, Dr.
Rushton provided the first evidence that WRKY transcription factors
play crucial roles in plants' responses to stress.  Dr. Rushton's
research resulted in him personally defining and naming the
important WRKY family of plant transcription factors.

While at the University of Virginia, Dr. Rushton designed and
published the tobacco transcription factors database.  This
database is possibly the largest collection of transcription factor
sequences (genes which turn on or off particular plant responses)
from a single tobacco species (over 2,500 genes) and is the world's
most extensive database for tobacco genomic research.
http://compsysbio.achs.virginia.edu/tobfac/Dr. Rushton is also
co-inventor of several patents related to nicotine production in
tobacco.  Dr. Rushton was part of the team of scientists lead by
Michael P. Timko, Ph.D, at the University of Virginia who worked on
sponsored tobacco research projects for the Company.  Thus, Dr.
Rushton already has very strong and important experience in working
with 22nd Century's unique tobacco technology.

"Hiring a scientist of Paul Rushton's caliber -- especially given
his extensive work in tobacco plant biotechnology -- is like
finding the proverbial needle in a haystack.  He will be invaluable
to 22nd Century," explained Henry Sicignano, III, CEO and
president.  "Paul's experience will enable him to contribute
immediately to the Company's Modified Risk Tobacco Products in
development and to spearhead our cannabis technology initiatives."

Dr. Rushton executed an employment agreement with the Company
effective Oct. 30, 2015, for an initial term of three years that
automatically renews on an annual basis thereafter unless
terminated.  Pursuant to the Employment Agreement, Dr. Rushton will
earn an initial base salary of $150,000 and may become eligible for
future bonuses and equity awards.  Dr. Rushton also received a
signing bonus of $32,000 and will be reimbursed by the Company for
a temporary apartment near the Company's offices in Clarence, New
York from Nov. 1, 2015, until Jan. 31, 2016.

In connection with his appointment, Dr. Rushton will receive a
stock option to purchase 100,000 shares of the Company's common
stock at an exercise price of $0.8417 per share under the Company's
2014 Omnibus Incentive Plan, which will vest on Nov. 1, 2016,
provided that Dr. Rushton remains employed by the Company through
that time.

                         About 22nd Century

Clarence, New York-based 22nd Century Group, Inc., through its
wholly-owned subsidiary, 22nd Century Ltd, is a plant
biotechnology company using technology that allows for the level
of nicotine and other nicotinic alkaloids (e.g., nornicotine,
anatabine and anabasine) in tobacco plants to be decreased or
increased through genetic engineering and plant breeding.

22nd Century reported a net loss of $15.6 million on $529,000 of
revenue for the year ended Dec. 31, 2014, compared to a net loss of
$26.2 million on $7.27 million of revenue during the prior year.

As of June 30, 2015, the Company had $23.3 million in total assets,
$6.7 million in total liabilities and $16.5 million in total
shareholders' equity.


24 NORTH AVENUE: Case Summary & 6 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: 24 North Avenue East, LLC
        24 North Avenue East
        Cranford, NJ 07016

Case No: 15-29039

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: October 8, 2015

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

Judge: Hon. Stacey L. Meisel

Debtors' Counsel: Anthony Sodono, III, Esq.
                  TRENK, DIPASQUALE, DELLA FERA & SODONO, P.C.
                  347 Mt. Pleasant Avenue, Suite 300
                  West Orange, NJ 07052
                  Tel: 973-243-8600
                  Fax: 973-243-8600
                  Email: asodono@trenklawfirm.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Hector Alvarez, member.

A list of the Debtor's six largest unsecured creditors is available
for free at http://bankrupt.com/misc/njb15-29039.pdf


33 PECK: Makes Minor Revisions to Full-Payment Plan
---------------------------------------------------
33 Peck Slip Acquisition LLC, et al., on Sept. 30, 2015, submitted
a Revised Joint Chapter 11 Plan of Liquidation.

The City of New York, which has submitted a confirmation objection,
says the Plan makes almost no substantive changes except with
respect to the elimination of the discharge provision.

A redlined copy of the Amended Plan is available for free at:

    http://bankrupt.com/misc/33_Peck_69_Revised_Plan_RL.pdf

According to the City, some of the changes to the Plan raise
additional issues.  For example, the Amended Plan, has revised the
definition of "Allowed Amount" to include interest but the interest
is limited to "the greater of (a) the legally enforceable rate of
interest set forth in a contract between the Holder of the Allowed
Claim and the applicable Debtor, and (b) the rate set forth in 28
U.S.C. Sec. 1961 as of the Petition Date."  According to the City,
this definition of "Allowed Amount" is not appropriate with respect
to the City's priming liens for unpaid real estate taxes or any
other administrative priming liens that may be assessed during
these Chapter l1 cases, which accrue interest at the statutory rate
and which are oversecured because of their priming nature, 19.  

The City also notes that, the section of the Amended Plan dealing
with Priority Tax Claims fails to provide for payment of such
claims with interest states in relevant part:" . . , postpetition
interest and penalties shall not accrue or be paid on any Claims,
including Priority Tax Claims . . . and no Holder of a Claim shall
be entitled to interest and penalties accruing on or after the
Petition Date through the date such Claim is satisfied in
accordance with the terms of this Plan."  However, the City notes
that if the Priority Tax Claims are not paid in full in cash on the
effective date, which is not clear, but in deferred payments, 11
U.S.C. Sec. 1129(a)(9)(C) requires payment of interest in order for
the holder of that claim to receive present value.  Under ll U.S.C.
Sec. 511(a), the rate of interest accruing on tax claims "shall be
the interest determined under applicable nonbankruptcy law."

If the Properties are sold in Chapter 11, the City requests that
all liens, claims and encumbrances attach to the proceeds of sale
(which is not clear from the Sale Motions) to be distributed in the
order of their respective priorities.  The City objects to Debtors'
request for a waiver of the 14-day stay of the proposed
Confirmation Order.

According to the City, the Debtors appear to have filed a
Disclosure Statement in response to the City's comment that they
had failed to do so.  But the City believes that the Disclosure
Statement does not provide adequate notice, as required by
Bankruptcy Rule 2002(b) and is just a rehash of the provisions in
the Plans.  The City contends that the Disclosure Statement lacks
any additional details concerning the circumstances that led to the
Debtors' Chapter 11 filings, which are relevant to the issue
whether the cases were filed in good faith or for the purpose of
avoidance of taxes.

                      The Chapter 11 Plan

As reported in the Sept. 11, 2015 edition of the TCR, the Debtors
have prepared a joint plan, which provides for the sale of each of
the Debtors' real estate assets and the distribution of the sale
proceeds to the applicable Debtor's creditors and members.

All creditor classes will either receive payment in full on the
effective date of the Plan or will retain unaltered the legal,
equitable, and contractual rights to which such claim entitles the
holder of such claim, and all member classes will retain their
interests.

Because the Plan does not propose to impair any class of claims or
interests, the Debtors assert they are not required to solicit
acceptances in order to satisfy the confirmation requirements of
Section 1129 of the Bankruptcy Code.

                         About 33 Peck

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 are affiliated with
Gemini Real Estate Advisors.

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 tapped Robins Kaplan LLP as attorneys; and
RobertDouglas as real estate advisor.

                           *     *     *

The Debtors have submitted a liquidating plan that will pay off
creditors from proceeds of the sale of the assets.

The Debtors have solicited stalking horse initial offers for the
properties totaling $200 million, subject to potential higher bids
at auction.  The Debtors have proposed bidding procedures that
contemplate a Nov. 5 deadline for competing bids with an auction to
take place on Nov. 10.  

The Debtors plan to sell the Seaport hotel for $37.5 million, the
Jade hotel for $78 million, the Wyndham hotel for $57 million, and
the development site for $25.5 million.


33 PECK: New York Has Issues with Full-Payment Plan
---------------------------------------------------
The City of New York says the Bankruptcy Court should not confirm
33 Peck Slip Acquisition LLC, et al.'s Joint Chapter 11 as it was
not filed in good faith.  The City of New York contends the purpose
of the Plan is to avoid paying the city approximately $2 million in
real estate, $5.2 million in transfer, and an unknown amount in
hotel occupancy taxes.

The City says it is undisputed that the Debtors' principals, Dante
A. Massaro, and Christopher La Mack, have invoked the Bankruptcy
Court's jurisdiction as a weapon in their private dispute with
William T. Obeid over control of their common hotel empire and for
the purpose of avoiding taxes.

According to the City, the Debtors sought Chapter 11 protection in
order to inflict a blow to Obeid who filed lis pendens against the
Properties in the Debtors' respective chains of title, preventing
their sale, as part of his "retaliatory" New York Action, filed in
response to La Mack's and Massara's North Carolina Action against
Obeid.

The City asserts that (i) the Debtors should be required to provide
"adequate information" concerning the reasons why they filed for
Chapter 1l and why the lis pendens issue cannot be addressed and
resolved in the non-bankruptcy tribunals where the Litigations are
pending; (ii) specifically brief their alleged entitlement to
exemptions from stamp tax under 11 U.S.C. Section 1146(a) and refer
to prior hotel sale agreements entered into which have to be
terminated "to accommodate" the Debtors' bankruptcy filing; (iii)
reserve the amounts due for the City transfer pending confirmation;
and (iv) pay the City transfer tax in the event the Plans are not
confirmed and/or the stay is lifted to permit Obeid to continue his
pre-petition Litigations against the Debtors.

                            Unpaid Taxes

Gabriela P. Cacuci, Esq., at Zachary W. Carter, corporation counsel
to the New York City Department of Finance, notes that the Debtors'
alleged 100% plan fails to mention, classify or provide for payment
of the City's (i) pre-petition real estate taxes in the amount of
$522,762 with respect to the Gemini debtor and its Wyndham Flatiron
Hotel and (ii) the City's administrative claims for real estate
taxes due Oct. 1, 2015, against all Debtors and their properties in
the total amount of $1.4 million.  All of these real estate taxes
are priming liens under the Admin. Code Sec. 1 l-301.

In addition, Ms. Cacuci points out that the New York City Real
Property Transfer Tax ("RPTT") in this case would amount to
$5.260.250 based on staking horse prices, which may not end up the
being the best and highest prices for the properties.

The Debtors, according to Ms. Cacuci, are seeking an improper and
overly broad tax exemption under 11 U.S.C. Sec. 1146(a), whether or
not their proposed plans of reorganization are confirmed, expressly
violating the Supreme Court's ruling in In re Florida Department of
Revenue v. Picadilly Cafeterias, Inc., 128 S. Ct.2326,2339,1711.
Ed.2d 203,219 (2008.  She notes that the asset sale closings are
not conditioned on prior plan confirmation and the proposed tax
exemption covers transfers to non-debtors and taxes and fees that
are not 'stamp' taxes.  The Debtors, she points out, are also
seeking a discharge and an exculpation despite the fact that the
Plan does not provide for the payment of taxes and that there are
liquidating their assets.

The City of New York's corporation counsel can be reached at:

         ZACHARY W. CARTER
         100 Church Street, Room 5-223
         New York, NY 10007
         Tel: (212) 356-2134
         Gabriela P. Cacuci, Esq.
         E-mail: gcacuci@law.nyc.gov

                      The Chapter 11 Plan

As reported in the Sept. 11, 2015 edition of the TCR, the Debtors
have prepared a joint plan, which provides for the sale of each of
the Debtors' real estate assets and the distribution of the sale
proceeds to the applicable Debtor's creditors and members.

All creditor classes will either receive payment in full on the
effective date of the Plan or will retain unaltered the legal,
equitable, and contractual rights to which such claim entitles the
holder of such claim, and all member classes will retain their
interests.

Because the Plan does not propose to impair any class of claims or
interests, the Debtors assert they are not required to solicit
acceptances in order to satisfy the confirmation requirements of
Section 1129 of the Bankruptcy Code.

                         About 33 Peck

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 are affiliated with
Gemini Real Estate Advisors.

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 tapped Robins Kaplan LLP as attorneys; and
RobertDouglas as real estate advisor.

                           *     *     *

The Debtors have submitted a liquidating plan that will pay off
creditors from proceeds of the sale of the assets.

The Debtors have solicited stalking horse initial offers for the
properties totaling $200 million, subject to potential higher bids
at auction.  The Debtors have proposed bidding procedures that
contemplate a Nov. 5 deadline for competing bids with an auction to
take place on Nov. 10.  

The Debtors plan to sell the Seaport hotel for $37.5 million, the
Jade hotel for $78 million, the Wyndham hotel for $57 million, and
the development site for $25.5 million.


33 PECK: New York Wants Case Slowed Down, Cites Lack of Notice
--------------------------------------------------------------
The City of New York says it has more than 30 agencies and does not
yet fully know the universe of its potential claims against debtors
33 Peck Slip Acquisition LLC, et al.  Accordingly, the City asserts
that the case should not be on a fast track to confirmation just
yet.

A preliminary hearing on the Debtors' motion to set a plan
confirmation schedule was held on Sept. 9, 2015.  The continued
hearing was scheduled for Oct. 7, 2015.

The City is complaining that that the Debtors are continuing to
play fast and loose with the notice and procedural requirements.
The City notes, among other things, that the Debtors never served
the Confirmation Motions and attached Plans on the City even though
they requested an exemption from transfer and other taxes allegedly
pursuant to 11 U.S.C. Sec. 1146(a).  No affidavit of service was
filed with respect to any Debtor concerning service of the
Confirmation Motions and the Plans.

The City says the Debtors' Plans provided for the sale of the
Debtors' Properties and the Sale Motions sought to deprive the City
of its right to payment of millions of dollars in real property,
hotel occupancy and transfer taxes.

If the Properties are sold in Chapter 11, the City requests that
all liens, claims and encumbrances attach to the proceeds of sale
(which is not clear from the Sale Motions) to be distributed in the
order of their respective priorities.

                      The Chapter 11 Plan

As reported in the Sept. 11, 2015 edition of the TCR, the Debtors
have prepared a joint plan, which provides for the sale of each of
the Debtors' real estate assets and the distribution of the sale
proceeds to the applicable Debtor's creditors and members.

All creditor classes will either receive payment in full on the
effective date of the Plan or will retain unaltered the legal,
equitable, and contractual rights to which such claim entitles the
holder of such claim, and all member classes will retain their
interests.

Because the Plan does not propose to impair any class of claims or
interests, the Debtors assert they are not required to solicit
acceptances in order to satisfy the confirmation requirements of
Section 1129 of the Bankruptcy Code.

                         About 33 Peck

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 are affiliated with
Gemini Real Estate Advisors.

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 tapped Robins Kaplan LLP as attorneys; and
RobertDouglas as real estate advisor.

                           *     *     *

The Debtors have submitted a liquidating plan that will pay off
creditors from proceeds of the sale of the assets.

The Debtors have solicited stalking horse initial offers for the
properties totaling $200 million, subject to potential higher bids
at auction.  The Debtors have proposed bidding procedures that
contemplate a Nov. 5 deadline for competing bids with an auction to
take place on Nov. 10.  

The Debtors plan to sell the Seaport hotel for $37.5 million, the
Jade hotel for $78 million, the Wyndham hotel for $57 million, and
the development site for $25.5 million.


ABB/CON-CISE OPTICAL: Moody's Affirms 'B3' Corporate Family Rating
------------------------------------------------------------------
Moody's Investors Service affirmed the B3 Corporate Family Rating
of ABB/CON-CISE Optical Group LLC ("ABB Concise") following the
announced cancellation of the company's contemplated dividend
recapitalization. Moody's also downgraded the rating on ABB
Concise's existing credit facilities to B3 from B2. Finally,
Moody's withdrew the ratings on the company's proposed first lien
senior secured credit facilities, including a $100 million senior
secured revolver and a $400 million senior secured term loan B, as
well as a $150 million 2nd lien senior secured term loan, which
were to be used to complete the planned recapitalization. The
rating outlook is stable.

Prior to ABB Concise's cancellation of the proposed
recapitalization, Moody's had expected to withdraw the ratings on
the company's existing senior secured credit facilities. The
downgrade of the ratings on those instruments now reflects the
expectation that these facilities will remain in place and will
represent the preponderance of debt in the capital structure

Following is a summary of Moody's rating actions.

Ratings affirmed:

  Corporate Family Rating, at B3

  Probability of Default rating, at B3-PD

Ratings downgraded:

  $70 million senior secured first lien revolving credit facility,
to B3 (LGD 3) from B2 (LGD 3)

  $275 million senior secured first lien term loan B, to B3 (LGD 3)
from B2 (LGD 3)

Ratings withdrawn:

  $100 million senior secured first lien revolving credit facility
expiring 2020 at B2 (LGD 3)

  $400 million senior secured first lien term loan B due 2022 at B2
(LGD 3)

  $150 million senior secured second lien term loan due 2023 at
Caa2 (LGD 5)

RATINGS RATIONALE

The B3 Corporate Family Rating reflects ABB Concise's small size,
in terms of revenue, and modest cash flow. The rating also
considers risks associated with the company's limited business line
and supplier diversity, the ability of customers to switch
distributors relatively easily, as well as the competitive nature
of the contact lens distribution sector. Further, Moody's believes
that the company's financial policy will be more aggressive going
forward with the potential for significant debt financed
shareholder initiatives and acquisitions. Finally, while Moody's
believes the company's liquidity will be adequate, intra-quarter
borrowings can at times be high in relation to available
liquidity.

The ratings are supported by the company's stable operating
margins, good diversity across both customers and geographies, and
strong customer retention rates. Over the next 1-2 years, Moody's
expects ABB Concise to benefit from favorable fundamentals within
the US optical industry, as well as increased technological
innovation within the contact lens market.

The stable outlook reflects Moody's view that ABB Concise will
continue to grow its revenue in the low single digit range over the
next 12-18 months and that free cash flow will improve over time.
In addition, should ABB Concise engage in a debt financed
transaction, Moody's believes that there is now greater flexibility
to absorb a potential leveraging event at the current rating
level.

Moody's could upgrade the ratings if ABB Concise is able to
increase its scale and improve margins. Moody's would also have to
see evidence that financial leverage will be sustained below 5.0
times over the next 12-18 months, given what the rating agency
believes is a more aggressive financial policy. The ratings could
be downgraded if there is a material deterioration in liquidity or
a significant contraction in the level of operating cash flow. The
ratings could also be downgraded if the company pursues a material
debt financed acquisition or shareholder initiative.

Headquartered in Coral Springs, Florida, ABB/Con-Cise Optical Group
LLC ("ABB Concise") is the largest distributor of soft contact
lenses in the United States. ABB Concise also designs and
manufactures customized contact lenses, and operates facilities in
New York, Florida, Massachusetts, and California. The company is
privately owned by financial sponsor, New Mountain Capital and
other investors. For the twelve months ended June 30, 2015, ABB
generated revenues of roughly $1.1 billion.



AK STEEL: Moody's Puts 'B3' CFR Under Review for Downgrade
----------------------------------------------------------
Moody's Investors Service placed AK Steel Corporation's B3
Corporate Family Rating (CFR), B3-PD Probability of Default rating,
B2 senior secured 1st lien notes, Caa1 senior unsecured notes, Caa1
Revenue Bonds and (P)Caa1 shelf rating for senior unsecured debt
under review for downgrade. The 1st lien notes, senior unsecured
notes and Revenue Bonds are guaranteed by AK Steel Holding
Corporation. The SGL-3 speculative grade liquidity rating was
affirmed.

On Review for Downgrade:

Issuer: AK Steel Corporation

  Corporate Family Rating, B3, Placed on Review for Downgrade

  Probability of Default Rating, B3-PD, Placed on Review for
Downgrade

  Gtd Sr Sec 1st Lien Notes due 2018, B2, LGD3, Placed on Review
for Downgrade

  Gtd CONV Notes, due 2019, Caa1, LGD5, Placed on Review for
Downgrade

  Gtd Sr Notes, Caa1, LGD5, Placed on Review for Downgrade

  Senior Unsecured Shelf, due 2017, (P)Caa1, Placed on Review for
Downgrade

Issuer: Butler County Industrial Dev. Auth., PA

  Senior Unsecured Revenue Bonds, due 2024, Caa1, LGD5, Placed on
Review for Downgrade

Issuer: Ohio Air Quality Development Authority

  Senior Unsecured Revenue Bonds due 2024, Caa1, LGD5, Placed on
Review for Downgrade

Issuer: Rockport (City of) IN

  Senior Unsecured Revenue Bonds due 2028, Caa1, LGD5, Placed on
Review for Downgrade

Affirmations:

Issuer: AK Steel Corporation

  Speculative Grade Liquidity Rating, Affirmed SGL-3

Outlook Actions:

Issuer: AK Steel Corporation

  Outlook, Changed To Rating Under Review From Stable

RATINGS RATIONALE

The review for downgrade results from the continued weak
performance of AK Steel, which has resulted in further weakness in
debt protection metrics and high leverage as evidenced by the
EBIT/interest and Debt/EBITDA ratios of 0.2x and 10.4x respectively
for the twelve months ended June 30, 2015.

AK Steel and the US steel industry continue to struggle with
challenging market conditions with 2015 evidencing weaker capacity
utilization rates and meaningful price deterioration. While key
input costs for scrap, iron ore and metallurgical coal have also
declined significantly, this has not been sufficient to help
earnings given the degree of price degradation and weaker capacity
utilization rates relative to fixed cost absorption. The industry
also continues to be pressured by high import levels.

The review will focus on AK Steel's ability to reduce costs,
expected costs per ton, level of spot and contract value add sales
and the ability of the company to be at least break even free cash
flow generation. The review will also focus on the end markets to
which AK Steel sells and the expected demand from such markets as
well as the time horizon over which an improved performance by AK
Steel is likely to be realized.

The principal methodology used in these ratings was Global Steel
Industry published in October 2012.

Headquartered in West Chester, Ohio AK Steel is a middle tier
integrated steel producer operating steelmaking and finishing
plants and coke plants in Indiana, Kentucky, Ohio, Pennsylvania,
Michigan and West Virginia. Revenues for the twelve months ended
June 30, 2015 were approximately $7.0 billion.



ALAMOS GOLD: S&P Affirms 'B' Corp Credit Rating, Off Watch Positive
-------------------------------------------------------------------
Standard & Poor's Ratings Services said it removed its ratings on
Toronto-based gold producer Alamos Gold Inc. from CreditWatch,
where they had been placed with positive implications April 13,
2015.  At the same time, Standard & Poor's affirmed the 'B'
long-term corporate credit rating on Alamos Gold.  The outlook is
stable.

"In our view, the merger between AuRico Gold and Alamos Gold
improves the operating breadth of the previously rated entity, but
not to an extent that it affects the rating," said Standard &
Poor's credit analyst Jarrett Bilous.  

Standard & Poor's also raised its issue-level rating on the
company's senior secured notes to 'B+' from 'B'.  The upgrade
follows the revision to S&P's recovery rating on the notes to '2'
from '3'.  A '2' recovery rating indicates S&P's expectation of
substantial (70%-90%; in the upper range) recovery in a default
scenario.

The corporate credit rating on Alamos Gold reflects Standard &
Poor's view of the company's "vulnerable" business risk profile and
"aggressive" financial risk profile, which is unchanged from S&P's
previous rating on the former AuRico Gold.

S&P's "vulnerable" business risk assessment on Alamos Gold
primarily reflects the company's limited operating diversity, high
exposure to gold price volatility, and cost structure above the
average of its rated peer group.  In S&P's view, the company's
operating breadth has improved following the merger, with Alamos
Gold's Mulatos mine expected to meaningfully contribute to annual
gold output.  However, S&P expects the majority of the company's
profitability will remain derived from Alamos Gold's Young Davidson
mine over the next few years.  As such, S&P believes that
weaker-than-expected operating results from Young-Davidson, which
could result from unforeseen production disruptions, would have a
significant impact on the company's profitability.

"In our view, Alamos Gold should generate steady growth in gold
output and modestly reduce its cash costs in 2016, leading to
higher earnings and cash flow and improving core credit measures.
We consider the company's estimated prospective core credit ratios,
which are not net of cash, to be strong for the current assessment.
However, we expect Alamos Gold will generate negative free
operating cash flow over the next two years that, in our view, adds
financial risk and tempers our financial risk
assessment--particularly if gold prices sharply weaken.  In
addition, we expect the company's credit measures will remain
sensitive to modest changes in gold prices," S&P said.

The stable outlook reflects S&P's expectation that the company will
generate adjusted debt-to-EBITDA of about 3x over the next 12
months amid a period of high capital expenditures related to
expansion and growth-related projects.

S&P could lower the rating if Alamos Gold sustains adjusted
debt-to-EBITDA ratio that approaches 5x.  In S&P's view, this could
result from operational disruptions that limit production growth,
lower-than-expected operating margins from higher-than-expected
costs, or a lower gold price assumption.

An upgrade on Alamos Gold is viewed unlikely in the next 12 months,
as S&P expects the company to maintain a "vulnerable" business risk
profile with generally steady core credit ratios. However, S&P
could raise the ratings in the event that the company generates
greater-than-expected improvement in operating margins that lead to
an adjusted debt-to-EBITDA ratio sustainably below 3x.



ALPHA NATURAL: Committee Taps Blackacre as Coal Consultant
----------------------------------------------------------
The Official Committee of Unsecured Creditors in the Chapter 11
cases of Alpha Natural Resources, Inc., et al., asks the U.S.
Bankruptcy Court for the Eastern District of Virginia for
permission to retain Blackacre LLC as its coal consultant to the
Committee, nunc pro tunc to Aug. 12, 2015.

Pursuant to that certain engagement letter dated as of Aug. 12,
2015, Blackacre will, among other things:

   (a) review and analyze any bid submitted as part of the process
to sell the Debtors' assets;

   (b) review and analyze the Debtors' disclosure statement and
plan of reorganization; and

   (c) review and analyze other proposals made by the Debtors in
the cases to determine whether such proposals are feasible and
optimal.

Blackacre will charge $450 per hour for its consulting services.

In addition to any fees, the Debtors will reimburse Blackacre for
all out-of-pocket expenses incurred in connection with its
engagement by the Committee.

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

                      About Alpha Natural

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

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

Judge Kevin R. Huennekens presides over the case.

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

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

The U.S. Trustee for Region 4 appointed seven creditors of Alpha
Natural Resources Inc. to serve on the official committee of
unsecured creditors.  Sands Anderson PC, and Milbank, Tweed, Hadley
& Mccloy LLP, represents the Committee; Jefferies LLC, serves as
its investment banker; and Protiviti Inc., serves as its financial
advisor.


ALPHA NATURAL: Committee Taps Jefferies LLC as Investment Banker
----------------------------------------------------------------
The Official Committee of Unsecured Creditors in the Chapter 11
cases of Alpha Natural Resources, Inc., et al., asks the Bankruptcy
Court for the Eastern District of Virginia for permission to retain
Jefferies LLC as its investment banker nunc pro tunc to Aug. 12,
2015.

Pursuant to that certain engagement letter between Jefferies and
the Committee dated as of Aug. 12, 2015, Jefferies will, among
other things:

   (a) assist and advise the Committee in examining and analyzing
any potential or proposed Restructuring, including, where
appropriate, assisting the Committee in developing its own strategy
for accomplishing a restructuring;

   (b) assist and advise the Committee in evaluating and analyzing
the proposed implementation of any transaction, including the value
of the securities or debt instruments, if any, that may be issued
in any such transaction; and

   (c) assist and advise the Committee in evaluating any potential
financing transactions by the Debtors.

The Committee does not believe that the services to be rendered by
Jefferies will be duplicative of the services performed by any
other professional, and Jefferies will work together with the other
professionals retained by the Committee to minimize and avoid
duplication of services.

The fee and expense structure provides for:

   -- a monthly fee equal to $150,000 until the expiration or
termination of the agreement;

   -- upon the consummation of any transaction, a fee equal to
$2,000,000 if the Committee either supports or does not file and
prosecute any material objection to the transaction; and

   -- if Jefferies be asked to produce an expert report or
otherwise provide expert testimony in the form of deposition or
live testimony in connection with an expert report, Jefferies and
the Committee will determine a mutually agreeable fee based on the
scope of services for the requested expert work.

In addition to any fees that may be paid to Jefferies under the
engagement Letter, the Debtors will reimburse Jefferies for all
out-of-pocket expenses incurred in connection with its engagement
by the Committee.

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

                      About Alpha Natural

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

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

Judge Kevin R. Huennekens presides over the case.

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

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

The U.S. Trustee for Region 4 appointed seven creditors of Alpha
Natural Resources Inc. to serve on the official committee of
unsecured creditors.  Sands Anderson PC, and Milbank, Tweed, Hadley
& Mccloy LLP, represents the Committee; Jefferies LLC, serves as
its investment banker; and Protiviti Inc., serves as its financial
advisor.


ALPHA NATURAL: Court Approves Settlement With State of Wyoming
--------------------------------------------------------------
BankruptcyData reported that the U.S. Bankruptcy Court approved
Alpha Natural Resources' stipulation and motion for an order
approving and memorializing terms of the Debtors' settlement of
certain issues with the State of Wyoming and the Wyoming Department
of Environmental Quality (WDEQ) regarding reclamation bonding of
surface coal mining operations for Debtor Alpha Coal West (ACW), a
wholly-owned subsidiary of Alpha Natural Resources.
As previously reported, "The Debtors believe that the ability of
Wyoming to require ACW to post of $411 million in collateral or
bond as a condition to ACW's continued operation in Wyoming is
stayed under, or otherwise prohibited by, the Bankruptcy Code.
Wyoming, however, does not agree that such actions are stayed or
otherwise prohibited.  Absent a resolution of the dispute, upon the
expiration of the stay, an automatic permit block would take effect
with respect to ACW, and the Wyoming Department of Environmental
Quality would be authorized to seek to permanently block the
issuance of new or amended permits to ACW.  The WDEQ also could
take actions to revoke ACW's license to mine in Wyoming, which
could, in turn, lead to permitting issues in other states. After
extensive negotiations, however, the Debtors and Wyoming have
reached a resolution of this dispute."

Documents filed with the Court further note, "The DIP Order
provides for a carve-out from the Term Facility Collateral….in
the amount of $100 million (the 'Bonding Carve Out') to allow
governmental authorities making a demand for any surety bond,
letter of credit or other financial assurance, pursuant to
applicable law, to obtain a claim (a 'Bonding Superpriority Claim')
against the Term Facility Collateral having priority over any or
all administrative expenses of the kind specified in section 503(b)
of the Bankruptcy Code.  The DIP order further authorizes the
Debtors to terminate the bonding carve out by issuing and
delivering a written notice to that effect to the DIP Agent."

                        About Alpha Natural

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

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

Judge Kevin R. Huennekens presides over the case.

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

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

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


ALPHA NATURAL: Files Schedules of Assets And Liabilities
--------------------------------------------------------
Alpha Natural Resources Inc. filed with the U.S. Bankruptcy Court
for the Eastern District of Virginia its schedules of summary of
assets and liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                 
  B. Personal Property        $4,132,783,911
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                            $1,770,000,000
  E. Creditors Holding
     Unsecured Priority
     Claims                                           
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                    $4,220,449,294
                              --------------   --------------
        Total                 $4,132,783,911   $5,990,449,294      
                            

A copy of the schedules is available for free at
http://is.gd/3A9tAx

                        About Alpha Natural

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

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

Judge Kevin R. Huennekens presides over the case.

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

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

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


ALPHA NATURAL: Taps Ernst & Young for Tax, Valuation Services
-------------------------------------------------------------
Alpha Natural Resources, Inc., et al., ask the U.S. Bankruptcy
Court for the Eastern District of Virginia for permission to employ
Ernst & Young LLP to provide certain tax, accounting and valuation
services effective as of the Petition Date.

EY LLP will provide necessary services that are outside the scope
of the services the Debtors have engaged KPMG LLP to perform.  With
respect to work related to the Debtors' internal controls, for
example, the Debtors seek to retain EY LLP to assist the Debtors'
management in testing the Debtors' internal controls.  KPMG, on the
other hand, will audit management's assessment of the Debtors'
internal controls, and will issue an opinion thereon.  The Debtors
will use reasonable efforts to ensure that there is no duplication
of services that EY LLP is being retained to perform.

EY LLP intends to charge the Debtors for services rendered pursuant
to the TAS Valuation SOW based on its hourly rates for services,
which are:

         Classification                           Hourly Rates
         --------------                           ------------
         Partner/Principal                           $600
         Senior Manager                              $450        
         Manager                                     $375
         Senior                                      $275
         Staff                                       $200

EY LLP's fee for each refund claim or audit reduction subject to
the Sales and Use Tax SOW will be equal to the greater of: (a) the
hourly fees for the services, based on the time that EY LLP's
professionals spend performing them, billed at the hourly rates
(not to exceed $140,000 of fees and $10,000 of expenses for all
refund claims or audit reductions or (b) 30% of the amount of
recoveries and audit reductions received by the Debtors, or
approved by (i) the applicable state taxing authorities, (ii) the
Bankruptcy Court as to the recoveries and audit reductions, or
(iii) such other courts having jurisdiction as to recoveries and
audit reductions.

EY LLP intends to charge the Debtors for Services rendered pursuant
to the SOX SOW based on its hourly rates for such services, which
are:

         Level                     US Team           EY India
         -----                     Rate per          Team Rate
                                   Hour (USD)        per Hour
                                   ----------        (USD)
                                                     ---------
         Partner                      $575               -
         Senior Manager               $425               -
         Manager                      $300             $75
         Senior                       $175             $45
         Staff                        $135             $35

EY LLP intends to charge the Debtors for Services rendered pursuant
to the ROCA SOW and Loss Assistance SOW based on its hourly rates
for the services, which are:


         Title                            Hourly Rates
         -----                            ------------
   Partner/Principal/Executive Director        $695
   Senior Manager                              $535
   Manager                                    $400
   Senior                                     $250
   Staff                                      $150

For the Implementation Services, the Debtors will pay EY LLP a
one-time fee as:

   (a) For the first 270 hours of professional time incurred, a fee
of $30,000 that is payable in two monthly installments of $15,000
each on Sept. 30, 2015, and Oct. 31, 2015, respectively.

   (b) For any time that exceeds the first 270 hours, the Debtors
will pay EY LLP for such additional time at a rate of $275 per hour
payable on a monthly basis as the additional time is incurred.

For the Statutory Reporting Services, the Debtors will pay EY LLP
$135,000 for 18,000 Forms 1095-C that are expected to be completed.
The 2015 compliance year fee is payable in five monthly
installments of $27,000 each on Sept. 30, 2015; Oct. 31, 2015; Nov.
30, 2015; Dec. 31, 2015; and Feb. 1, 2016.  The final installment
will be adjusted based on the actual number of the Forms 1095-C
completed.

For the 2016 compliance year 50% of the fee will be payable in four
equal installments of $16,875 each on March 31, 2016; June 30,
2016; Sept. 30, 2016; and Dec. 31, 2016.  The remaining 50% fee of
$67,500 will be payable on Jan. 31, 2017.  The final installment
will be adjusted based on the actual number of the Forms 1095-C
completed.

For the 2017 compliance year 50% of the fee will be payable in four
equal installments of $16,875 each on March 31, 2017; June 30,
2017; Sept. 30, 2017; and Dec. 31, 2017.  The remaining 50% fee of
$67,500 will be payable on Jan. 31, 2018.  The final installment
will be adjusted based on the actual number of the Forms 1095-C
completed.

For each additional Form 1095-C over the initial 18,000, the
Debtors will pay an additional $7.50 per Form 1095-C.  Where EY LLP
completes less than the initial 18,000 Forms 1095-C as expected, EY
LLP will adjust the last installment payment due by $7.50 per Form
1095-C that was not completed as part of the initial 18,000 Forms
1095-C.

In addition, the Debtors also will pay EY LLP $.65 per eStatement
or $1.10 per hard copy for each Form 1095-C distributed to the
employee.

EY LLP intends to charge the Debtors for Services rendered pursuant
to the VAS SOW based on its hourly rates for the services, which
are:

      Classification                        Hourly Rates
      --------------                        ------------
      Partner/Principal                         $600
      Executive Director                        $525
      Senior Manager                           $450
      Manager                                  $375
      Senior                                   $275
      Staff                                    $190

The Debtors will reimburse EY LLP for any direct expenses incurred
in connection with EY LLP's retention in these chapter 11 cases and
the performance of the Services.

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

                      About Alpha Natural

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

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

Judge Kevin R. Huennekens presides over the case.

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

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

The U.S. Trustee for Region 4 appointed seven creditors of Alpha
Natural Resources Inc. to serve on the official committee of
unsecured creditors.  Sands Anderson PC, and Milbank, Tweed, Hadley
& Mccloy LLP, represents the Committee; Jefferies LLC, serves as
its investment banker; and Protiviti Inc., serves as its financial
advisor.


AMERICAN AIRLINES: Trans World Pilots' Suit Partially Junked
------------------------------------------------------------
Judge Sean H. Lane of the United States Bankruptcy Court for the
Southern District of New York granted in part and denied in part
American Airlines, Inc., and Allied Pilots Association's motion to
dismiss the lawsuit filed by John Krakowski, Kevin Horner, and M.
Alicia Sikes on behalf of themselves and all persons similarly
situated.

The APA is the pilots' union at American.  The Plaintiffs are
former Trans World Airlines pilots now employed by American.

As part of American's bankruptcy restructuring, it sought and
received authority to reject its then-existing collective
bargaining agreement with the APA.  American subsequently
negotiated a new collective bargaining agreement for its pilots.
At the same time, American and the APA entered into a letter
agreement to continue using the same pilot seniority list that had
been utilized under the Old CBA.  In the three counts of their
Complaint, the Plaintiffs allege that through the continued use of
this seniority list: (1) American breached the terms of the New
CBA, (2) the APA breached its duty of fair representation, and (3)
American colluded in the APA's breach of that duty.

Judge Lane agrees with the Defendants that the Plaintiffs have
failed to state a claim for breach of the New CBA.  The Court
therefore grants the Defendants' motions to dismiss Count I of the
Complaint, as well as the claims within Counts II and III that
depend upon the breach of contract claim.  The Court, however,
denies the motions with respect to the remaining claims in Count II
and III, finding that they sufficiently state a claim for a breach
of the duty of fair representation and do not rely upon the breach
of contract claim.  As to the final collusion claim, the Court
finds that the Plaintiffs have failed to set forth facts sufficient
to allege a plausible claim of collusion.

The adversary case is JOHN KRAKOWSKI, et al., Plaintiffs, v.
AMERICAN AIRLINES, INC., et al., Defendants, Adv. No.
14-01920(SHL)(Bankr. S.D.N.Y.).

The bankruptcy case is captioned In re: AMR CORPORATION, et al.,
Chapter 11, Reorganized Debtors, Case No. 11-15463 (SHL)(Bankr.
S.D.N.Y.).

A full-text copy of Judge Lane's memorandum of decision dated
September 22, 2015, is available at http://is.gd/sQY7DWfrom
Leagle.com.

John Krakowski, Plaintiff, is represented by:

         Allen P. Press, Esq.
         JACOBSON PRESS & FIELDS, P.C.
         168 North Meramex Avenue, Suite 150
         Clayton, MO 63105
         Phone: 314-899-9789
         Email: Press@ArchCityLawyers.com

American Airlines, Inc., Defendant, is represented by:

         Jonathan C. Fritts, Esq.
         MORGAN AND LEWIS, LLP
         101 Park Ave.
         New York, NY
         Phone: 212.309.6000
         Email: jfritts@morganlewis.com

            -- and --

         John P. Furfaro, Esq.
         SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
         4 Times Square
         New York, NY 10036
         Phone: 212.735.3000
         Fax: 212.735.2000
         Email: john.furfaro@skadden.com

            -- and --

         Stephen Karotkin, Esq.
         Stephen A. Youngman, Esq.
         WEIL, GOTSHAL & MANGES LLP
         767 Fifth Avenue
         New York, NY 10153-0119
         Phone: (212) 310-8000
         Fax: (212) 310-8007
         Email: stephen.karotkin@weil.com
          stephen.youngman@weil.com

            -- and --

         David H. Luce, Esq.
         CARMODY MACDONALD P.C.
         120 S. Central Avenue, Suite 1800
         St. Louis, MO 63105
         Phone: 314.854.8600
         Fax: 314.854.8660
         Email: dhl@carmodymacdonald.com

Allied Pilots Association, Defendant, represented by

         Darin M. Dalmat, Esq.
         Edgar N. James, Esq.
         Steven K. Hoffman, Esq.
         JAMES & HOFFMAN, P.C.
         1130 Connecticut Avenue, N.W., Suite 950
         Washington, D.C. 20036
         Phone: 202.496.0500
         Fax: 202.496.0555
         Email: dmdalmat@jamhoff.com
                ejames@jamhoff.com
                skhoffman@jamhoff.com

            -- and --

         George O. Suggs, Esq.
         SCHUCHAT, COOK & WERNER
         1221 Locust Street, Ste 250
         Saint Louis, MO 63103
         Phone: 314-732-1127
         Toll Free: 888-365-0445
         Fax: 314-621-2378

            -- and --

         JOSHUA R. TAYLOR, Esq.
         STEPTOE & JOHNSON LLP
         1330 Connecticut Avenue, NW
         Washington, DC 20036
         Phone: (202) 429-6281
         Fax: (202) 429-3902
         Email: jrtaylor@steptoe.com

                   About American Airlines

AMR Corp. and its subsidiaries including American Airlines filed
for bankruptcy protection (Bankr. S.D.N.Y. Lead Case No. 11-15463)
in Manhattan on Nov. 29, 2011, after failing to secure
cost-cutting
labor agreements.  AMR, previously the world's largest airline
prior to mergers by other airlines, is the last of the so-called
U.S. legacy airlines to seek court protection from creditors.  It
was the third largest airline in the United States at the time of
the bankruptcy filing.

Weil, Gotshal & Manges LLP serves as bankruptcy counsel to the
Debtors.  Paul Hastings LLP and Debevoise & Plimpton LLP Groom Law
Group, Chartered, are on board as special counsel.  Rothschild
Inc., is the financial advisor.  Garden City Group Inc. is the
claims and notice agent.

Jack Butler, Esq., John Lyons, Esq., Felecia Perlman, Esq., and
Jay
Goffman, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP serve
as
counsel to the Official Committee of Unsecured Creditors in AMR's
chapter 11 proceedings.  Togut, Segal & Segal LLP is the
co-counsel
for conflicts and other matters; Moelis & Company LLC is the
investment banker, and Mesirow Financial Consulting, LLC, is the
financial advisor.

The Retiree Committee is represented by Jenner & Block LLP's
Catherine L. Steege, Esq., Charles B. Sklarsky, Esq., and Marc B.
Hankin, Esq.

AMR and US Airways Group, Inc., on Feb. 14, 2013, announced a
definitive merger agreement under which the companies will combine
to create a premier global carrier, which will have an implied
combined equity value of approximately $11 billion.

The bankruptcy judge on Sept. 12, 2013, confirmed AMR Corp.'s plan
to exit bankruptcy through a merger with US Airways.  By
distributing stock in the merged airlines, the plan is designed to
pay all creditors in full, with interest.

Judge Sean Lane confirmed the Plan despite the lawsuit filed by
the
U.S. Department of Justice and several states' attorney general
complaining that the merger violates antitrust laws.

In November 2013, AMR and the U.S. Justice Department a settlement
of the anti-trust suit.  The settlements require the airlines to
shed 104 slots at Reagan National Airport in Washington and 34 at
LaGuardia Airport in New York.

AMR stepped out of Chapter 11 protection after its $17 billion
merger with US Airways was formally completed on Dec. 9, 2013.

                          *     *     *

The Troubled Company Reporter, on Sep. 2, 2014, reported that
Standard & Poor's Ratings Services revised its rating outlooks on
American Airlines Group Inc. (AAG) and its subsidiaries American
Airlines Inc. and US Airways Inc. to positive from stable.  At the
same time, S&P affirmed its ratings on the companies, including
the
'B' corporate credit ratings.

The TCR, on April 13, 2015, reported that Standard & Poor's
Ratings
Services assigned its 'BB' issue-level rating and '1' recovery
rating to American Airlines Inc.'s (American; B+/Positive/--) $750
million amended term loan B due Oct. 10, 2021.  The term loan is
guaranteed by the company's parent, American Airlines Group Inc.,
and its affiliates, US Airways Group Inc. and US Airways Inc.
S&P's
'1' recovery rating indicates its expectation of a "very high"
(90%-100%) recovery in a default scenario.

The TCR also reported on April 10, 2015, that following the
announcement by American Airlines, Inc. that it would re-price and
alter the collateral package for its $1.15 billion senior secured
credit facility, Fitch's ratings on the facility remain unchanged
at 'BB+/RR1'.


AMERICAN APPAREL: Standard General Owns 1.54M Shares as of Oct. 4
-----------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Standard General L.P. disclosed that as of Oct. 4,
2015, it beneficially owned 1,540,000 shares of common stock of
American Apparel, Inc. representing 0.8 percent of the shares
outstanding.

On Oct. 4, 2015, the Company entered into a Restructuring Support
Agreement with parties, including Standard General L.P., Standard
General Master Fund L.P. and P Standard General Ltd., that own or
control 95% of the Company's 13% Senior Secured Notes due 2020 and
collectively comprise 100% of the lenders under the Amended and
Restated Credit Agreement, dated as of Aug. 17, 2015.  Pursuant to
the Restructuring Support Agreement, the Supporting Parties have
agreed to support a financial reorganization of the Company and
certain of its domestic subsidiaries consistent with the terms and
conditions set forth in the Restructuring Support Agreement.

On Oct. 4, 2015, the Company and the Supporting Parties, as
lenders, also entered into a Debtor-in-Possession Credit Agreement
to provide the Company debtor-in-possession financing for working
capital and other purposes.  In connection with the Chapter 11
cases, the Bankruptcy Court approved the DIP Credit Agreement on
Oct. 6, 2015, on an interim basis.  On Oct. 4, 2015, the Company
and the Supporting Parties entered into an Equity Commitment
Agreement under which the Supporting Parties agreed to purchase
additional equity interests in the reorganized Company.

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

                      http://is.gd/qcNt7w

                    About American Apparel

American Apparel, Inc., American Apparel (USA), LLC,  American
Apparel Retail, Inc., American Apparel Dyeing & Finishing, Inc.,
KCL Knitting, LLC and Fresh Air Freight, Inc. sought Chapter 11
bankruptcy protection (Bankr. D. Del. Proposed Lead Case No.
15-12055) on Oct. 5, 2015.  The petition was signed by Hassan
Natha as chief financial officer.

The Debtors reported total assets of $199,360,934 and total
liabilities of $397,576,744.

The Debtors and their non-Debtor affiliates operate a vertically
integrated manufacturing, distribution, and retail business focused
on branded fashion-basic apparel, employing approximately 8,500
employees across six manufacturing facilities and approximately 230
retail stores in the United States and 17 other countries
worldwide.

The Debtors have engaged Jones Day as restructuring counsel,
Pachulski Stang Ziehl & Jones LLP as local counsel, Moelis &
Company as investment banker, FTI Consulting, Inc. as financial
advisor, DJM Real Estate as real estate consultant and Garden City
Group, LLC as claims and noticing agent.


ANACOR PHARMACEUTICALS: BlackRock Has 10.2% Stake at Sept. 30
-------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, BlackRock, Inc. disclosed that as of Sept. 30, 2015, it
beneficially owns 4,470,101 shares of common stock of Anacor
Pharmaceuticals Inc. representing 10.2 percent of the shares
outstanding.  A copy of the regulatory filing is available for free
at http://is.gd/JCruJr

                  About Anacor Pharmaceuticals

Palo Alto, Calif.-based Anacor Pharmaceuticals (NASDAQ: ANAC) is a
biopharmaceutical company focused on discovering, developing and
commercializing novel small-molecule therapeutics derived from its
boron chemistry platform.  Anacor has discovered eight compounds
that are currently in development.  Its two lead product
candidates are topically administered dermatologic compounds -
tavaborole, an antifungal for the treatment of onychomycosis, and
AN2728, an anti-inflammatory PDE-4 inhibitor for the treatment of
atopic dermatitis and psoriasis.

Anacor reported a net loss of $87.1 million on $20.7 million of
total revenues for the year ended Dec. 31, 2014, compared with net
income of $84.8 million on $17.2 million of total revenues for the
year ended Dec. 31, 2013.

As of June 30, 2015, the Company had $195.7 million in total
assets, $125.5 million in total liabilities, $4.9 million in
redeemable common stock and $65.2 million in total stockholders'
equity.


ANDALAY SOLAR: Incurs $527,000 Net Loss in Second Quarter
---------------------------------------------------------
Andalay Solar, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $527,019 on $341,982 of net revenue for the three months ended
June 30, 2015, compared to a net loss of $631,441 on $306,919 of
net revenue for the same period during the prior year.

For the six months ended June 30, 2015, the Company reported a net
loss of $1.35 million on $616,623 of net revenue compared to a net
loss of $701,383 on $449,401 of net revenue for the same period a
year ago.

As of June 30, 2015, the Company had $1.84 million in total assets,
$4.18 million in total liabilities and a $2.34 million total
stockholders' deficit.

"We had to make many painful decisions to significantly reduce our
expenses and spend time to set up the new relationships with
strategic partners, and can now report that our ongoing expense run
rate is less than 50% of what it had been in the first half of
2015," commented Steven Chan, president & CEO.  "There have
certainly been some transitional issues with migrating to this
leaner company structure which we hope to mostly resolve during
this quarter."

As part of this cost reduction effort, Andalay closed its in-house
product distribution and installation business, and established two
initial distribution partners, Magerack Corporation in California
(www.magerack.com) and Rectify Solar in Indiana
(www.rectifysolar.com), from whom existing and prospective
customers are now able to purchase both the Andalay mounting
hardware as well as the Andalay compatible module produced by
Hyundai Heavy Industries Ltd.

Andalay's licensing strategy for the future is designed to provide
economies of scale to reduce working capital strain and facilitate
increased gross margins to enable the Company to more rapidly scale
sustainable and accretive growth in revenue, as well as eventual
profits.  The Company will focus on the initiatives related to this
which include partnering with a top 20 residential installer or
distributor, partnering with Tier One module companies to license
the Andalay technology, including the existing license with
Hyundai, and focusing on a scalable and lean go-to-market execution
plan.

The Company is still working with financial advisors to raise
capital and settle past debts and accounts payables.  It is
critical to Andalay's future that it successfully does this in
order to have the financial strength to be able to execute on the
future strategy.

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

                       http://is.gd/GvAigA

                        About Andalay Solar

Founded in 2001, Andalay Solar, Inc., formerly Westinghouse Solar,
Inc., is a provider of innovative solar power systems.  In 2007,
the Company pioneered the concept of integrating the racking,
wiring and grounding directly into the solar panel.  This
revolutionary solar panel, branded "Andalay", quickly won industry
acclaim.  In 2009, the Company again broke new ground with the
first integrated AC solar panel, reducing the number of components
for a rooftop solar installation by approximately 80 percent and
lowering labor costs by approximately 50 percent.  This AC panel,
which won the 2009 Popular Mechanics Breakthrough Award, has
become the industry's most widely installed AC solar panel.  A new
generation of products named "Instant Connect" was introduced in
2012 and is expected to achieve even greater market acceptance.

Andalay Solar reported a net loss attributable to common
stockholders of $1.87 million for the year ended Dec. 31, 2014,
compared with a net loss attributable to common stockholders of
$3.85 million for the year ended Dec. 31, 2013.

Burr Pilger Mayer, Inc., in San Jose, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing that the Company's significant
operating losses and negative cash flow from operations raise
substantial doubt about its ability to continue as a going concern.


API TECHNOLOGIES: Incurs $6.29 Million Net Loss in Third Quarter
----------------------------------------------------------------
API Technologies Corp. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $6.29 million on $68.0 million of net revenue for the three
months ended Aug. 31, 2015, compared to a net loss of $634,000 on
$56.9 million of net revenue for the same period in 2014.

For the nine months ended Aug. 31, 2015, the Company reported a net
loss of $12.8 million on $171 million of net revenue compared to a
net loss of $17.7 million on $169 million of net revenue for the
same period last year.

As of Aug. 31, 2015, the Company had $358 million in total assets,
$260 million in total liabilities and $97.9 million in total
shareholders' equity.

"We delivered significantly improved third quarter performance,
demonstrating the impact our focus on operational improvement is
beginning to have on the business," said Robert Tavares, president
and chief executive officer of API.  "The integration of Inmet and
Weinschel are substantially complete to our plan and already
benefitting our top line.  API is keenly focused on creating
long-term value for our customers and shareholders."

At Aug. 31, 2015, the Company held cash and cash equivalents of
approximately $6.55 million compared to $8.25 million at Nov. 30,
2014.

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

                       http://is.gd/qLNuDb

                      About API Technologies

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

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

                           *     *     *

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

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

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


ATLANTIC & PACIFIC: Employees Ask Judge to Reject Non-Union Bid
---------------------------------------------------------------
ABI.org reported that The United Food and Commercial Workers Union
is asking the judge in the A&P bankruptcy case to disallow the
acquisition of a Waldbaums.

In a separate report, Supermarket News reported that the Union
asked the judge in the A&P bankruptcy case to disallow the
acquisition of a Waldbaums by a non-union operator because it would
mean a loss of union jobs.

In a letter on Oct. 6, 2015, to Judge Robert D. Drain, attorney
Martin L. Milner, counsel for UFCW Local 342, asked that the store
-- in Westhampton Beach, N.Y. -- not be sold to Best Yet Market
because it "apparently does not intend to hire union employees."

Milner suggested the store be sold instead to another bidder who
has already submitted an offer "[and] who the union believes will
retain the union employees.  Surely the livelihoods of the workers
should be factored in to any decision."

The request did not include the name of the back-up bidder.
Documents filed by A&P earlier this week indicated it was Kings
Supermarkets.

Accompanying the filing were approximately 80 letters from union
members and residents of the Westhampton Beach community -- some
handwritten -- asking the judge to allow the store to be sold to a
company that will retain the union.

                     About Atlantic & Pacific

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

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

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

The Debtor disclosed total assets of $601,441,108 and total
liabilities of $1,984,459,086 as of the Petition Date.

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

The U.S. Trustee for Region 2 appointed seven creditors to serve
On the official committee of unsecured creditors.  Pachulski Stang
Ziehl & Jones LLP serves as its counsel, and Zolfo Cooper, LLC as
serves as its financial advisors and bankruptcy consultants.

Elise S. Frejka was appointed as consumer privacy ombudsman.



ATLANTIC & PACIFIC: Seeks $22.3M Sale of 3 Morton Williams Stores
-----------------------------------------------------------------
The Great Atlantic & Pacific Tea Company, Inc., and its affiliated
debtors ask the U.S. Bankruptcy Court for the Southern District of
New York, to approve its asset purchase agreement with R.B.G.
Management Corp., doing business as Morton Williams Supermarkets.

The Debtors relate that they propose to sell, transfer and assign
to Morton Williams all of their rights, title and interest in and
to the Leases and certain inventory, equipment, furnishings,
fixtures, and goodwill related to three Morton Williams stores for
a total cash purchase price of $22.25 million, subject to higher or
better offers.

The Morton Williams Stores are all located in New York City, with
addresses at 1331 1st Avenue (store number 36711); 810 8th Avenue
(store number 36732); and 1066 3rd Avenue (store number 36742).

Morton Williams has agreed to pay to the Sellers a purchase price
in the amount of $22,250,000, which will be allocated as follows:
(a) $10,500,000 to store number 36711, (b) $7,000,000 to Store No.
36732, and (c) $4,750,000 to Store No. 36742; In each case, there
will be additional amounts paid for inventory.

In addition, Morton Williams has agreed to make an offer of
employment to substantially all of Sellers' active employees at the
above-mentioned stores, subject to the terms of the Morton Williams
Agreement, it being Morton Williams' intent that such employees
will be covered under Morton Williams' existing labor agreements
with Locals 338 and 342 of the United Food and Commercial Workers
International, as appropriate, and on such terms as are acceptable
to Morton Williams and such locals.

The Debtors tell the Court that the Morton Williams Agreement
secures significant value for the Debtors' estates and ensures that
offers of employment will be made to substantially all of the
Debtors' employees working at the Morton Williams Stores.  The
Debtors further tell the Court that they have extensively marketed
the Morton Williams Stores during the pre- and postpetition
marketing process, and believe that the value offered by Morton
Williams is favorable to the Debtors and their estates.  The
Debtors relate that the Morton Williams Agreement is a stalking
horse agreement that remains subject to higher or better offers and
an auction scheduled for Oct. 1, 2015, in accordance with the
Discrete Sale and Lease Rationalization Procedures approved by the
Court.  The Debtors contend that by the end of the marketing and
solicitation period, which runs through the auction, if no higher
or better bid is received, the Debtors will have achieved the
highest and best offer for the Morton Williams Stores.

The hearing on the Debtor's Motion is scheduled on Oct. 16, 2015 at
10:00 a.m.

The Great Atlantic & Pacific Tea Company is represented by:

          Ray C. Schrock, Esq.
          Garret A. Fail Esq.
          WEIL, GOTSHAL & MANGES LLP
          767 Fifth Avenue
          New York, NY 10153
          Telephone: (212)310-8000
          Facsimile: (212)310-8007
          E-mail: ray.schrock@weil.com
                  garrett.fail@weil.com

                     About Atlantic & Pacific

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

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

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

The Debtor disclosed total assets of $601,441,108 and total
liabilities of $1,984,459,086 as of the Petition Date.

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

The U.S. Trustee for Region 2 appointed seven creditors to serve
On the official committee of unsecured creditors.  Pachulski Stang
Ziehl & Jones LLP serves as its counsel, and Zolfo Cooper, LLC as
serves as its financial advisors and bankruptcy consultants.

Elise S. Frejka was appointed as consumer privacy ombudsman.



ATLANTIC & PACIFIC: Seeks to Extend Automatic Stay to Non-Debtors
-----------------------------------------------------------------
The Great Atlantic & Pacific Tea Company, Inc., and its affiliated
debtors ask the U.S. Bankruptcy Court for the Southern District of
New York to extend the automatic stay to certain non-debtor parties
and approve the modification of the automatic stay under certain
circumstances.

The Debtors relate that they are parties to several hundred pending
prepetition personal injury and other actions ("Prepetition
Actions").  They further relate that many of the Debtors'
landlords, employees, vendors, and other third parties ("Non-Debtor
Parties") that either hold contractual or other indemnification or
contribution claims against the Debtors, or that the Debtors have
agreed to indemnify and defend, are co-defendants or third-party
plaintiffs in the Prepetition Actions. The Debtors contend that
they indirectly remain parties-in-interest in the Prepetition
Actions that are stayed only as to the Debtors.  The Debtors
further contend that if the Prepetition Actions proceed, judgments
against the Non-Debtor Parties may prejudice the Debtors,
especially if the Debtors assume the relevant unexpired leases or
executory contracts.

The Debtors tell the Court that application of the Automatic Stay
to the Non-Debtor Parties would relieve the Debtors' estates of the
administrative burdens and costs associated with the Prepetition
Actions and afford the Debtors the necessary breathing room
intended by the Automatic Stay. Without the relief requested, the
Debtors may be forced to participate in the Prepetition Actions to
protect their interests and minimize their exposure, which would
deprive the Debtors of one of the fundamental debtor protections.
They allege that if they can verify that any costs to the Debtors
and any recovery obtained against their estates — either directly
or indirectly through the Non-Debtor Parties — exclusively will
be limited to the insurance proceeds available under the insurance
policies maintained by or available to the Debtors, the Debtors may
be willing to enter into stipulations with certain plaintiffs in
the Prepetition Actions ("PI Claimants") to modify the Automatic
Stay to permit such PI Claimant to proceed with their Prepetition
Actions.

The Debtors seek to implement these procedures, among others, to
modify the Automatic Stay where they will not incur cost or be
liable to Non-Debtor Parties:

     (a) Beginning on the date upon which the Court enters an order
granting this Motion, and upon inquiry from a PI Claimant
("Inquiry"), the Debtors and their counsel will analyze the PI
Claimant's request to enter into a stipulation to modify the
Automatic Stay to allow the PI Claimant to proceed with a
Prepetition Action with any direct or indirect recovery against
(and cost to) the Debtors or any Non-Debtor Party indemnification
costs exclusively limited to available insurance proceeds.

     (b) If the Debtors agree, in their sole discretion and in
their reasonable business judgment, that such PI Claimant may
proceed with a Prepetition Action.  The Stay Stipulation provides
that the PI Claimant must waive any and all rights of recovery
against the Debtors and any Non-Debtor Party in the Prepetition
Action up to the SIR (and any prepetition claim that may be
recoverable) and will limit all recovery solely to the extent of
available insurance proceeds.

     (c) If the Debtors receive and do not respond to an Inquiry
within 30 calendar days, the PI Claimant may file a motion for
relief from the Automatic Stay in the Bankruptcy Court.

The Debtor's Motion is scheduled for hearing on Oct. 16, 2015 at
10:00 a.m.

The Debtors are represented by:

          Ray C. Schrock, Esq.
          Garret A. Fail Esq.
          WEIL, GOTSHAL & MANGES LLP
          767 Fifth Avenue
          New York, NY 10153
          Telephone: (212)310-8000
          Facsimile: (212)310-8007
          E-mail: ray.schrock@weil.com
                  garrett.fail@weil.com

                     About Atlantic & Pacific

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

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

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

The Debtor disclosed total assets of $601,441,108 and total
liabilities of $1,984,459,086 as of the Petition Date.

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

The U.S. Trustee for Region 2 appointed seven creditors to serve
On the official committee of unsecured creditors.  Pachulski Stang
Ziehl & Jones LLP serves as its counsel, and Zolfo Cooper, LLC as
serves as its financial advisors and bankruptcy consultants.

Elise S. Frejka was appointed as consumer privacy ombudsman.



BIOLIFE SOLUTIONS: Reports Record Revenue for Q3 2015
-----------------------------------------------------
BioLife Solutions, Inc., provided an update on preliminary revenue
and other operational accomplishments for the third quarter of
2015.

Biopreservation media revenue for Q3 2015 was $1.63 million, a new
record amount, representing 33% growth compared to the same period
in 2014 and 13% sequential growth compared to this year's second
quarter.

Key growth drivers included sales of CryoStor and HypoThermosol to
several new customers in the regenerative medicine market and
increased sales to existing customers in support of progression of
their cell-based therapies to later stage clinical trials.  In
addition, sales to BioLife's worldwide distributor network also
reached a record level in the quarter.

For the first nine months of 2015, biopreservation media revenue
increased 32% over the same period in 2014.  Year to date revenue
slightly exceeds guidance and management remains confident about
the Company’s prospects for continued growth.

Other operational highlights included:

  * Growth in customer use of CryoStor and HypoThermosol in
    clinical trials of new cell and tissue-based products and
    therapies; management estimates that the Company's
    biopreservation media products are now incorporated into more
    than 200 pre-clinical validation products and clinical trials
    for regenerative medicine biologic technologies

  * BioLife fulfilled the first revenue order for the evo Smart
    Shipper to a leading cell therapy contract development and
    manufacturing organization and the Company now has sellable
    product in inventory to support evo shipments in the fourth
    quarter

  * Two new patents were granted in the United States and
    Australia for BioLife's IP related to effective bulk freezing
    of adherent cellular monolayers in multiwell plates for high
    throughput screening applications

  * Successful recertification of BioLife's Quality Management
    System and facilities to the ISO13485:2003 standard

  * Successful GMP manufacturing and released available inventory
    of BioLife's new product - BloodStor 27 NaCl, supporting
    cryopreservation applications including freezing of
    therapeutic platelets

Mike Rice, BioLife's president & CEO, said, "Our team continued to
execute with velocity and quality in Q3, contributing to
biopreservation media revenue growth as we added several new
customers this quarter.  As anticipated, after having completed
validation in early projects, our existing customers continue to
embed our CryoStor and HypoThermosol into their products for
follow-on clinical trials.  We have several customers utilizing our
products across multiple product lines.  The regenerative medicine
market continues to represent a significant growth opportunity for
BioLife and we believe we could begin to see some of our customers
gaining regulatory approval as early as the second half of 2016.
As customers scale up to support commercial sales, this will have a
direct, positive impact on our revenue growth."

Mr. Rice, commenting on the biologistex initiative, stated, "We
also just completed final validation of the evo Smart Shipper and
biologistex cloud-based cold chain management app and now have
sellable inventory on hand.  Our sales and customer support teams
are now ready to accept and fulfill orders in the fourth quarter of
2015."

                     About BioLife Solutions

Bothell, Washington-based BioLife Solutions, Inc., develops and
markets patented hypothermic storage and cryo-preservation
solutions for cells, tissues, and organs, and provides contracted
research and development and consulting services related to
optimization of biopreservation processes and protocols.

BioLife Solutions reported a net loss of $3.30 million on $6.19
million of total revenue for the year ended Dec. 31, 2014, compared
with a net loss of $1.08 million on $8.94 million of total revenue
during the prior year.

As of June 30, 2015, the Company had $13.8 million in total assets,
$1.9 million in total liabilities and $11.8 million in total
shareholders' equity.


BIOLIFE SOLUTIONS: Walter Villiger Reports 39.3% Stake as of Oct. 6
-------------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Walter Villiger disclosed that as of Oct. 6, 2015, he
beneficially owned 5,524,714 shares of common stock of BioLife
Solutions, Inc. representing 39.3 percent of the shares
outstanding.

On Oct. 6, 2015, Walter Villiger exercised warrants to acquire
71,429 shares of the Issuer's common stock from the Issuer at an
exercise price of $0.98 per share.  Immediately thereafter,
Villiger transferred the 71,429 shares to WAVI Holding AG.

As of Oct. 8, 2015, WAVI Holding AG beneficially owns 5,381,857
shares of the Issuer, consisting of 3,604,646 shares of common
stock held indirectly through WAVI, and 1,777,211 shares of common
stock issuable upon exercise of warrants held indirectly through
WAVI.  Those shares represent a total of 38.6% of the Issuer's
outstanding shares of common stock.

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

                       http://is.gd/9MNu6K

                     About BioLife Solutions

Bothell, Washington-based BioLife Solutions, Inc., develops and
markets patented hypothermic storage and cryo-preservation
solutions for cells, tissues, and organs, and provides contracted
research and development and consulting services related to
optimization of biopreservation processes and protocols.

BioLife Solutions reported a net loss of $3.30 million on $6.19
million of total revenue for the year ended Dec. 31, 2014, compared
with a net loss of $1.08 million on $8.94 million of total revenue
during the prior year.

As of June 30, 2015, the Company had $13.8 million in total assets,
$1.9 million in total liabilities and $11.8 million in total
shareholders' equity.


BLACK ELK ENERGY: Files Schedules of Assets And Liabilities
-----------------------------------------------------------
Black Elk Energy Offshore Operations LLC filed with the U.S.
Bankruptcy Court for the Southern District of Texas its schedules
of assets and liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                 
  B. Personal Property          $163,889,780
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $68,567,000
  E. Creditors Holding
     Unsecured Priority
     Claims                                          $258,298      
                                
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                       $75,908,190
                              --------------   --------------
        Total                   $163,889,780     $144,733,488      
                            

A copy of the schedules is available for free at
http://is.gd/xDwjsU

Black Elk Energy Offshore Operations, LLC is an independent oil and
gas company headquartered in Houston, Texas.  The Company filed for
Chapter 11 protection (Bankr. S.D. Tex. Case No. 15-34287) on Sept.
10, 2015.  The petition was signed by Jeff Jones, chief
restructuring officer.

The Hon. Marvin Isgur presides over the case.  Elizabeth A Green,
Esq., and Pamela Gale Johnson, Esq., at Baker & Hostetler LLP
represent the Debtor in its restructuring effort.

In its Voluntary Petition dated Sept. 10, 2015, the Debtor
estimated assets at $50,000 to $100,000 and debts at $100,000 to
$500,000.


BLACK ELK: Noteholders Group Has Objections to Liberty Deal
-----------------------------------------------------------
The Ad Hoc Committee of Senior Secured Noteholders has conveyed
objections to Black Elk Energy Offshore Operations, LLC's motion,
asking the U.S. Bankruptcy Court for the Southern District of
Texas, Houston Division, to approve its settlement and compromise
with Liberty Mutual Assurance Insurance Company, Argonaut Insurance
Company and TKN Petroleum Offshore LLC.

The Noteholders Group contends that although the Debtor's Motion
asserts that it does not compromise any claims regarding the
Debtor's sale to TKN dated Dec. 31, 2014 ("TKN Transaction"), it in
fact relieves TKN from its own obligation to post collateral to
secure the Argonaut Replacement Bonds.  The Ad Hoc Committee
further contends that it has seen no justification for this relief.
It relates that although the facts surrounding the TKN Transaction
are largely unknown and still developing, the TKN Transaction is
highly suspect and likely subject to avoidance.

The Ad Hoc Committee tells the Court that while the Debtor suggests
that its Motion will provide it with much needed cash, the Debtor's
need for cash does not justify depriving creditors the opportunity
to review a settlement which will relieve TKN of its funding
obligations on the Argonaut replacement bonds.  The Ad Hoc
Committee further tells the Court that a short, one-week
adjournment on the Debtor's Motion to permit the Ad Hoc Committee
the opportunity to conduct narrowly tailored discovery is warranted
under the circumstances.

United States' Limited Objection

The United States, on behalf of the United States Department of the
Interior ("Interior"), filed a limited objection to Black Elk
Energy Offshore Operations, LLC's motion, asking the U.S.
Bankruptcy Court for the Southern District of Texas, Houston
Division, to approve its settlement and compromise with Liberty
Mutual Assurance Insurance Company, Argonaut Insurance Company and
TKN Petroleum Offshore LLC.

The Interior notes the Debtor, Liberty, Argonaut and the Bureau of
Ocean Energy Management ("BOEM") are discussing the scope of the
releases requested by Liberty in the Debtor's Motion.  The Interior
relates that based on these discussions, it may have objections to
the Debtor's Motion and reserves all of its rights to state such
objections during the hearing scheduled on October 6, 2015.  

The Interior adds that it objects to the Debtor's Motion to the
extent that the Debtor has made any postpetition transfers to
obtain any of the Replacement Bonds that might be subject to
avoidance under 11 U.S.C. Section 549, placing the Replacement
Bonds that secure the Debtor's decommissioning obligations in
jeopardy.  The Interior submits that any transfers made to obtain
the Replacement Bonds would have been made in the ordinary course
of business.  It relates that pursuant to applicable federal
regulations, all Outer Continental Shelf ("OCS") lessees are
required to post bonds to secure their decommissioning and other
obligations under their respective OCS leases as a condition to
operating in the OCS.  The Interior further relates that it is
common for OCS lessees to seek to replace bonds with new bonds as
necessary and request cancellation of the replaced bonds from BOEM.
It contends that neither the size nor the nature of any transfers
made to obtain the Replacement Bonds appear to have been
extraordinary or outside of the day-to-day operations of an OCS
lessee.

                 Marubeni Oil's Limited Objection

Marubeni Oil & Gas (USA) Inc. ("MOGUS") contends that the Debtor's
Motion fails to disclose the fact that Platinum Partners Value
Arbitrage Fund LP is a Co-Debtor on the obligations claimed by
Argonaut Insurance Company and Liberty Mutual Insurance Company,
and what the status of any such obligation of Platinum Partners
Value Arbitrage Fund LP, will be.

MOGUS objects to the Motion to the extent that it seeks to deprive
MOGUS of any of its contractual or statutory rights. The Motion
seeks to transfer cash collateral and provide certain sums to TKN,
to reimburse it for replacement bonds that it has posted as opposed
to use of the cash collateral for the benefit of the creditors of
this bankruptcy estate.

The United States is represented by:

          Ruth A. Harvey, Esq.
          Margaret M. Newell, Esq.
          E. Kathleen Shahan, Esq.
          U.S. DEPARTMENT OF JUSTICE
          P.O Box 875
          Ben Franklin Station
          Washington, D.C. 20044-0875
          Telephone: (202)307-0249

Marubeni Oil & Gas (USA) Inc. is represented by:

          Robin B. Cheatham, Esq.
          Scott R. Cheatham, Esq.
          ADAMS AND REESE LLP
          4500 One Shell Square
          New Orleans, LA 70139
          Telephone: (504)581-3234
          Facsimile: (504)566-0210

The Ad Hoc Committee of Holders of the Debtor's 13.75% Senior
Secured Notes due 2015 is represented by:

          Jeffrey R. Gleit, Esq.
          SULLIVAN & WORCESTER LLP
          1633 Broadway
          Telephone: (212)660-3043
          Facsimile: (212)660-3001
          E-mail: jgleit@sandw.com

                  - and -

          Sarah Link Schultz, Esq.
          AKIN GUMP STRAUSS HAUER & FELD LLP
          1700 Pacific Avenue, Suite 4100
          Dallas, TX 75201
          Telephone: (214)969-2800
          Facsimile: (214)969-4343
          E-mail: sschultz@akingump.com

                  - and -

          Jason S. Sharp, Esq.
          AKIN GUMP STRAUSS HAUER & FELD LLP
          1111 Louisiana Street, 44th Floor
          Houston, TX 77002
          Telephone: (713)220-5800
          Facsimile: (713)236-0822
          E-mail: jssharp@akingump.com

                          About Black Elk

Black Elk Energy Offshore Operations, LLC, is a Houston, Texas
based privately held limited liability company engaged in the
acquisition, exploitation, development and production of oil and
natural gas properties primarily in the shallow waters of the Gulf
of Mexico near the coast of Louisiana and Texas.

Black Elk had total assets of $339.7 million and total debt of
$432.3 million as of Sept. 30, 2014.

Judge Letitia Z. Paul of the U.S. Bankruptcy Court in the Southern
District of Texas placed Black Elk under Chapter 11 bankruptcy
protection on Sept. 1, 2015, converting an involuntary Chapter 7
bankruptcy petition by its creditors.  Thereafter, the Company
filed with the Court a voluntary Chapter 11 petition (Bankr. S.D.
Tex. Case No. 15-34287) on Sept. 10, 2015.  

Judge Paul later recused herself from the case and the matter was
given to Judge Marvin Isgur, according to information posted on the
case docket on Sept. 14.

The Debtor is represented by Elizabeth E. Green of Baker &
Hostetler.  Blackhill Partners' Jeff Jones is the Debtor's Chief
Restructuring Officer.



BLACK ELK: Seeks Approval of Settlement With Liberty, et al.
------------------------------------------------------------
Black Elk Energy Offshore Operations, LLC, asks the U.S. Bankruptcy
Court for the Southern District of Texas, Houston Division, to
approve its settlement and compromise with Liberty Mutual Assurance
Insurance Company, Argonaut Insurance Company, and TKN Petroleum
Offshore LLC.

The Debtor is required by certain applicable statutes, rules, and
regulations to provide surety bonds to certain third parties to
secure the Debtor's payment or performance of certain obligations,
including plugging and abandonment obligations ("P&A Liability").

Prior to the Petition Date, Liberty issued various surety bonds on
behalf of the Debtor as consideration for the execution by the
Debtor, PPVA and other indemnitors ("Indemnitors") of certain
indemnification agreements in favor of Liberty ("Liberty Indemnity
Agreements") and the indemnification and other obligations of the
Indemnitors under the various surety bonds and the Liberty
Indemnity Agreements ("Indemnity Obligations").  The Indemnity
Obligations were secured by a $30 Million letter of credit.  In
2013, at the request of the Debtor, Liberty liquidated the letter
of credit and retained the cash as collateral for the bonds
("Liberty Cash Collateral") pursuant to a Cash Pledge Agreement
dated Aug. 28, 2013.  Since that time, Liberty has released certain
amounts of the cash collateral and, pursuant to its rights under
the Liberty Indemnity Agreements and Cash Pledge Agreement, has
applied other amounts to payment of premiums and other charges,
leaving a balance of Liberty Cash Collateral at approximately $19.8
million.

Some of the surety bonds that Liberty issued to the Debtor related
to six properties that are listed in the Purchase and Sale
Agreement dated January 9, 2015 ("TKN Sale Agreement").  The
Indemnity Obligations under those bonds are secured by the Liberty
Cash Collateral.  The terms of the TKN Sale Agreement provided that
TKN agreed to assume the Debtor's P&A Liability with respect to
those six properties.  The agreement further provided that TKN and
the Debtor agreed that subject to the security interest of Liberty
and to the extent the Liberty Cash Collateral was released by
Liberty, the cash collateral securing the surety bonds on those six
properties would be transferred to TKN or its designee to serve as
security for the replacement bonds.

In accordance with the TKN Sale Agreement, replacement bonds from
Argonaut were obtained to replace the six Liberty bonds listed in
the TKN Sale Agreement. $8.885 million of the Liberty Cash
Collateral was intended to ultimately be transferred to Argonaut to
serve as collateral for Argonaut bonds.  In addition, Argonaut
replaced three other Liberty bonds related to other properties of
the Debtor ("Argonaut Replacement Bonds").

In order for Liberty to release collateral associated with the
Argonaut Replacement Bonds, Liberty requested verification from the
Bureau of Ocean Energy Management (BOEM) that Argonaut indeed
replaced Liberty as a surety with respect to the Liberty bonds and
that Liberty had no further liability on certain other bonds issued
on behalf of the Debtor.  The involuntary bankruptcy filing
intervened prior to Liberty's determination as to the status of the
Liberty Bonds and prior to release of Liberty Cash Collateral.
Various parties have now asserted rights in the Liberty Cash
Collateral including Liberty, Argonaut, the Debtor, TKN and the
Indenture Trustee.

Liberty asserts that it has a right under the Cash Pledge Agreement
to retain the Liberty Cash Collateral until Liberty is relieved of
liability under all of the bonds issued by Liberty on behalf of the
Debtor.  However, at the Debtor's request, Liberty has agreed to
allow the Debtor to use a portion of the Liberty Cash Collateral
while retaining sufficient collateral to cover in full all of the
Indemnity Obligations, including, without limitation the penal
amount of the outstanding Liberty Bonds and any other surety loss
covered under the Indemnity Agreements.  As of Sept. 21, 2015, the
Liberty Cash Collateral consists of approximately $19.8 million.

The Debtor tells the Court that Liberty, Argonaut, TKN, and PPVA
have agreed to the Debtor's use of the Liberty Cash Collateral in a
manner that will satisfy the Debtor's collateral requirements for
surety bonds as well as providing the Debtor with necessary
operating funds.  The Debtor relates that the compromise
establishes a division of the Liberty Cash Collateral into three
buckets: (1) $7,600,000 will remain with Liberty; (2) $9,567,000
will be transferred to Argonaut; and (3) $2,633,000 will be
transferred to the Debtor.  The Debtor contends that without the
approval of the proposed compromise, the $2,633,000 will not be
immediately available to the estate, and Liberty would retain
collateral sufficient to satisfy any and all P&A obligations for
which it has provided surety until such obligations have been
fulfilled and Liberty has received related releases from the
applicable regulatory authorities.

Black Elk Energy Offshore is represented by:

          Pamela Gale Johnson, Esq.
          BAKER & HOSTETLER LLP
          811 Main Street, Suite 1100
          Houston, TX 77002-6111
          Telephone: (713)751-1600
          Facsimile: (713)751-1717
          E-mail: pjohnson@bakerlaw.com

                    - and -

          Elizabeth A. Green, Esq.
          Jimmy D. Parish, Esq.
          BAKER & HOSTETLER LLP
          200 S. Orange Avenue, Suite 2300
          Orlando, FL 32801
          Telephone: (407)649-4000
          Facsimile: (407)841-0168
          E-mail: egreen@bakerlaw.com
                  jparrish@bakerlaw.com

                    - and -

          Jorian L. Rose, Esq.
          BAKER & HOSTETLER, LLP
          45 Rockefeller Plaza
          New York, NY
          Telephone: (212)589-4200
          Facsimile: (212)589-4201
          E-mail: jrose@bakerlaw.com
The Ad Hoc Committee of Senior Secured Noteholders has conveyed
objections to Black Elk Energy Offshore Operations, LLC's motion,
asking the U.S. Bankruptcy Court for the Southern District of
Texas, Houston Division, to approve its settlement and compromise
with Liberty Mutual Assurance Insurance Company, Argonaut Insurance
Company and TKN Petroleum Offshore LLC.

The Noteholders Group contends that although the Debtor's Motion
asserts that it does not compromise any claims regarding the
Debtor's sale to TKN dated Dec. 31, 2014 ("TKN Transaction"), it in
fact relieves TKN from its own obligation to post collateral to
secure the Argonaut Replacement Bonds.  The Ad Hoc Committee
further contends that it has seen no justification for this relief.
It relates that although the facts surrounding the TKN Transaction
are largely unknown and still developing, the TKN Transaction is
highly suspect and likely subject to avoidance.

The Ad Hoc Committee tells the Court that while the Debtor suggests
that its Motion will provide it with much needed cash, the Debtor's
need for cash does not justify depriving creditors the opportunity
to review a settlement which will relieve TKN of its funding
obligations on the Argonaut replacement bonds.  The Ad Hoc
Committee further tells the Court that a short, one-week
adjournment on the Debtor's Motion to permit the Ad Hoc Committee
the opportunity to conduct narrowly tailored discovery is warranted
under the circumstances.

United States' Limited Objection

The United States, on behalf of the United States Department of the
Interior ("Interior"), filed a limited objection to Black Elk
Energy Offshore Operations, LLC's motion, asking the U.S.
Bankruptcy Court for the Southern District of Texas, Houston
Division, to approve its settlement and compromise with Liberty
Mutual Assurance Insurance Company, Argonaut Insurance Company and
TKN Petroleum Offshore LLC.

The Interior notes the Debtor, Liberty, Argonaut and the Bureau of
Ocean Energy Management ("BOEM") are discussing the scope of the
releases requested by Liberty in the Debtor's Motion.  The Interior
relates that based on these discussions, it may have objections to
the Debtor's Motion and reserves all of its rights to state such
objections during the hearing scheduled on October 6, 2015.  

The Interior adds that it objects to the Debtor's Motion to the
extent that the Debtor has made any postpetition transfers to
obtain any of the Replacement Bonds that might be subject to
avoidance under 11 U.S.C. Section 549, placing the Replacement
Bonds that secure the Debtor's decommissioning obligations in
jeopardy.  The Interior submits that any transfers made to obtain
the Replacement Bonds would have been made in the ordinary course
of business.  It relates that pursuant to applicable federal
regulations, all Outer Continental Shelf ("OCS") lessees are
required to post bonds to secure their decommissioning and other
obligations under their respective OCS leases as a condition to
operating in the OCS.  The Interior further relates that it is
common for OCS lessees to seek to replace bonds with new bonds as
necessary and request cancellation of the replaced bonds from BOEM.
It contends that neither the size nor the nature of any transfers
made to obtain the Replacement Bonds appear to have been
extraordinary or outside of the day-to-day operations of an OCS
lessee.

                 Marubeni Oil's Limited Objection

Marubeni Oil & Gas (USA) Inc. ("MOGUS") contends that the Debtor's
Motion fails to disclose the fact that Platinum Partners Value
Arbitrage Fund LP is a Co-Debtor on the obligations claimed by
Argonaut Insurance Company and Liberty Mutual Insurance Company,
and what the status of any such obligation of Platinum Partners
Value Arbitrage Fund LP, will be.

MOGUS objects to the Motion to the extent that it seeks to deprive
MOGUS of any of its contractual or statutory rights. The Motion
seeks to transfer cash collateral and provide certain sums to TKN,
to reimburse it for replacement bonds that it has posted as opposed
to use of the cash collateral for the benefit of the creditors of
this bankruptcy estate.

The United States is represented by:

          Ruth A. Harvey, Esq.
          Margaret M. Newell, Esq.
          E. Kathleen Shahan, Esq.
          U.S. DEPARTMENT OF JUSTICE
          P.O Box 875
          Ben Franklin Station
          Washington, D.C. 20044-0875
          Telephone: (202)307-0249

Marubeni Oil & Gas (USA) Inc. is represented by:

          Robin B. Cheatham, Esq.
          Scott R. Cheatham, Esq.
          ADAMS AND REESE LLP
          4500 One Shell Square
          New Orleans, LA 70139
          Telephone: (504)581-3234
          Facsimile: (504)566-0210

The Ad Hoc Committee of Holders of the Debtor's 13.75% Senior
Secured Notes due 2015 is represented by:

          Jeffrey R. Gleit, Esq.
          SULLIVAN & WORCESTER LLP
          1633 Broadway
          Telephone: (212)660-3043
          Facsimile: (212)660-3001
          E-mail: jgleit@sandw.com

                  - and -

          Sarah Link Schultz, Esq.
          AKIN GUMP STRAUSS HAUER & FELD LLP
          1700 Pacific Avenue, Suite 4100
          Dallas, TX 75201
          Telephone: (214)969-2800
          Facsimile: (214)969-4343
          E-mail: sschultz@akingump.com

                  - and -

          Jason S. Sharp, Esq.
          AKIN GUMP STRAUSS HAUER & FELD LLP
          1111 Louisiana Street, 44th Floor
          Houston, TX 77002
          Telephone: (713)220-5800
          Facsimile: (713)236-0822
          E-mail: jssharp@akingump.com

                          About Black Elk

Black Elk Energy Offshore Operations, LLC, is a Houston, Texas
based privately held limited liability company engaged in the
acquisition, exploitation, development and production of oil and
natural gas properties primarily in the shallow waters of the Gulf
of Mexico near the coast of Louisiana and Texas.

Black Elk had total assets of $339.7 million and total debt of
$432.3 million as of Sept. 30, 2014.

Judge Letitia Z. Paul of the U.S. Bankruptcy Court in the Southern
District of Texas placed Black Elk under Chapter 11 bankruptcy
protection on Sept. 1, 2015, converting an involuntary Chapter 7
bankruptcy petition by its creditors.  Thereafter, the Company
filed with the Court a voluntary Chapter 11 petition (Bankr. S.D.
Tex. Case No. 15-34287) on Sept. 10, 2015.  

Judge Paul later recused herself from the case and the matter was
given to Judge Marvin Isgur, according to information posted on the
case docket on Sept. 14.

The Debtor is represented by Elizabeth E. Green of Baker &
Hostetler.  Blackhill Partners' Jeff Jones is the Debtor's Chief
Restructuring Officer.



BOREAL WATER: Former Auditor Suspended from Practice
----------------------------------------------------
Boreal Water Collection, Inc., disclosed in a regulatory filing
that it received a letter, dated Oct. 6, 2015, from Mr. Benjamin
Phippen, staff accountant, Division of Corporate Finance,
Securities and Exchange Commission, informing the Company that its
former auditor, Terry L. Johnson, has been suspended from
practicing as an accountant on behalf of any publicly traded
company or other entity regulated by the SEC.

Mr. Phippen's letter stated "As this auditor is no longer allowed
to practice before the Commission, you may not include audit
reports or consents in your filings with the Commission on or after
the date of suspension."

                         About Boreal Water

Kiamesha Lake, N.Y.-based Boreal Water Collection, Inc., is a
personalized bottled water company specializing in premium custom
bottled water.

Boreal Water reported a net loss of $886,000 on $2.41 million of
sales for the year ended Dec. 31, 2014, compared with net income of
$613,000 on $2.15 million of sales for the year ended Dec. 31,
2013.

As of March 31, 2015, the Company had $3 million in total assets,
$2.68 million in total liabilities, and $314,000 in total
stockholders' equity.

Terry L. Johnson, CPA, in Casselberry, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014.  The accounting firm noted that  the
Company has incurred a deficit of approximately $3.6 million and
has used approximately $800,000 of cash due to its operating
activities in the two years ended Dec. 31, 2014.  The Company may
not have adequate readily available resources to fund operations
through Dec. 31, 2015.  This raises substantial doubt about the
Company's ability to continue as a going concern.


BPZ RESOURCES: Liquidating Plan Headed for Nov. 12 Confirmation
---------------------------------------------------------------
BPZ Resources, Inc., is slated to seek approval Nov. 12 of its
Chapter 11 liquidating plan that promises a recovery of 10.7% to
18.0% to general unsecured creditors owed $227 million to $229
million.

Judge David R. Jones on Oct. 1, 2015, signed an order conditionally
approving the explanatory Disclosure Statement and setting a
combined hearing on Nov. 12 at 2:00 p.m. (Central time) to consider
final approval of the Disclosure Statement and confirmation of the
Plan.  Oct. 1, 2015 is established as the record date by which
creditors must hold claims in order to be eligible to vote on the
Plan.  Ballots and objections to confirmation are due Nov. 6 at
4:00 p.m.

The Debtor on Oct. 1 filed its Second Amended Disclosure Statement,
which is the solicitation version of the plan outline.  A copy of
the document is available for free at:

         http://bankrupt.com/misc/BPZ_R346_2nd_Am_DS.pdf

                        The Chapter 11 Plan

BPZ Resources, which has sold its equity interests in subsidiaries
and certain assets for $9 million, proposes a liquidating plan
that:

   * Holders of these claims are unimpaired and will receive
payment in full, in cash:

    -- Administrative claims (Unclassified) estimated at $11
million to $15 million,
    -- Priority tax claims (Unclassified) estimated at $20,000,
    -- Priority non-tax claims (Class 1) estimated at $29,000, and
    -- Secured claims (Class 2) estimated at $0.

   * General unsecured claims (Class 3) estimated at $227 million
to $229 million are impaired, and will have a recovery of 10.7
percent to 18.0 percent.  The claims under 6.5% Convertible Notes
due 2015 will be allowed in the aggregate amount of $61,922,933,
and the claims under the 8.5% Convertible Notes Due 2017 will be
allowed in the aggregate amount of $165,108,105.  Holders of the
general unsecured claims will each receive a pro rata share of the
interests in the liquidating trust.  Each holder of a Class 3 claim
that is not a noteholder claim is permitted to make a "convenience
election" to reduce its claim to $3,000 and will receive, in lieu
of liquidating trust interests, a one-time payment in cash of 20
percent of the allowed amount of the claim.  

   * Holders of subordinated claims (Class 4), equity interests
(Class 5) and intercompany claims (Class 6) won't receive
anything.

Only general unsecured creditors in Class 3 are entitled to vote on
the Plan.  Classes 1 and 2 are deemed to accept the Plan.  Classes
4, 5 and 6 are deemed to reject the Plan.

                        About BPZ Resources

BPZ Energy -- http://www.bpzenergy.com/-- is an independent oil
and gas exploration and production company which had license
contracts covering 1.9 million net acres in offshore and onshore
Peru.  BPZ Resources maintains an office in Victoria, Texas, and
through its subsidiaries maintains offices in Lima and Tumbes,
Peru, and Quito, Ecuador.

BPZ Resources sought Chapter 11 protection (Bankr. S.D. Tex. Case
No. 15-60016) in Victoria, Texas, on March 9, 2015.  The case is
pending before the Honorable David R. Jones.  The Debtor disclosed
total assets of $364 million and debt of $275 million.

The Debtor tapped Stroock & Stroock & Lavan LLP as bankruptcy
Counsel; Hawash Meade Gaston Neese & Cicack LLP, as local Texas
Counsel; Houlihan Lokey Capital, Inc., as investment banker;
Opportune LLP, as restructuring advisor; Baker Hostetler, as the
audit committee's special counsel; and Kurtzman Carson Consultants
as claims and noticing agent.

The Official Committee of Unsecured Creditors retained Akin Gump
Strauss Hauer & Feld LLP as legal counsel, and Blackstone Advisory
Partners L.P. as its financial advisor.

                           *     *     *

Following an auction on June 30 to July 1, the Debtor won court
approval, and has closed, the sale of its equity interests in its
non-debtor subsidiaries for $8,500,000 to Zedd Energy Holdco Ltd.
The Debtor also sold assets relating to the onshore blocks in
northwestern Peru, all equity interests in the power generation
subsidiary EENE and, subject to Ecuadorian government approval and
applicable rights of first refusal, all equity interests in SMC
Ecuador, Inc., for $750,000 million to Zorritos Peru Holdings,
Inc.

The Debtor on July 30, 2015, won approval to implement a key
employee retention plan and a key employee incentive plan and to
pay severance claims to certain critical employees.

On Sept. 7, 2015, the Debtor and the Committee filed an agreed
order extending the exclusive period to solicit acceptances of a
chapter 11 plan through Oct. 23, 2015.  The Court entered the
agreed order on Sept. 8.

The Debtor filed a Plan of Liquidation on Sept. 8, 2015, and then
an Amended Plan on Sept. 25, 2015.


BRANDON BARBER: 8th Cir. Backs New Trial for Atty Accused of Fraud
------------------------------------------------------------------
A jury convicted Kenneth Vaughn Knight of conspiracy to commit
bankruptcy fraud, in violation of 18 U.S.C. Sections 371 and 157;
aiding and abetting bankruptcy fraud, in violation of 18 U.S.C.
Sections 152(7) and 2; aiding and abetting the making of a false
statement in relation to a bankruptcy case, in violation of 18
U.S.C. Sections 152(3) and 2; and five counts of aiding and
abetting money laundering, in violation of 18 U.S.C. Sections 1957
and 2.  Knight subsequently filed a timely motion for judgment of
acquittal or new trial on all counts of conviction.  The U.S.
District Court for the Western District of Arkansas in Fayetteville
granted Knight a new trial on the conspiracy, bankruptcy fraud, and
money laundering counts, granted his motion for judgment of
acquittal on the false statement count, and conditionally granted
him a new trial on the false statement count in the event the U.S.
Court of Appeals for the Eighth Circuit were to reverse the court's
judgment of acquittal.  The government appeals.  

In a Sept. 1 decision, the Eighth Circuit reversed the district
court's judgment of acquittal on the false statement charge but
affirmed its decision to grant Knight a new trial on all counts of
conviction.

According to Jonathan Randles at Bankruptcy Law360, the Eighth
Circuit said there were significant gaps in the evidence that
prosecutors claim shows he helped a disgraced real estate developer
hide assets from creditors.  In a split decision, a three-judge
panel affirmed U.S. District Judge P.K. Holmes III's decision to
overturn a 2013 jury verdict against Knight on various fraud and
money laundering charges.

Knight is a licensed attorney, and the charges against him stem
from actions he took in connection with his representation of a
client, Brandon Barber, during a time period from early 2008
through 2010.

Barber, with Knight as his attorney, filed for Chapter 7 bankruptcy
on July 31, 2009.  Over the next several months, Barber filed
multiple supplements to his bankruptcy petition that the government
alleged contained blatantly false information designed to conceal
Barber's assets from his creditors and the bankruptcy court. Of
particular note, Barber claimed in his Statement of Financial
Affairs (SOFA) that his income for 2008 was approximately $4,000.
The government, however, contends that in 2008 Barber earned
several million dollars of personal income from several real estate
deals and that he passed roughly $1.2 million of this money through
Knight's Interest on Lawyer's Trust Account (IOLTA) for the purpose
of hiding the income during Barber's bankruptcy proceeding.  Over
the course of a nine-day trial, the government presented testimony
from dozens of witnesses and introduced substantial documentary
evidence in an effort to prove that Knight knowingly helped Barber
hide his assets prior to and during the bankruptcy proceeding.

The case is, United States of America, Plaintiff - Appellant v.
Kenneth Vaughn Knight, Defendant - Appellee, No. 14-2651 (8th
Cir.).  A copy of the Eighth Circuit's decision is available at
http://is.gd/VtQpaB


BROOKLYN RENAISSANCE: Seeks $8.1M Sale of Brooklyn Properties
-------------------------------------------------------------
Brooklyn Renaissance, LLC, asks the U.S. Bankruptcy Court for the
Eastern District of New York to approve its bidding procedures and
authorize the sale of some of its real property free and clear of
all liens, claims, interests and encumbrances.

The Debtor relates that it is the holder of legal and/or equitable
interests in various parcels of real property located in Kings, New
York and Suffolk County, New York ("Assets").  The Debtor further
relates that for the most part, the Assets have been conveyed
numerous times to and from the Debtor, its affiliates and various
insiders for no consideration, and that many of the Assets are
currently deeded to affiliates and insiders of the Debtor because,
although conveyances to the Debtor may have occurred prior to the
Filing Date, in certain instances such conveyances were not
recorded.  The Debtor contends that each of the Properties are
subject to various mortgages and liens, some of which the Debtor
disputes and all of which are in default.  The Debtor intends to
effectuate and/ or complete the conveyances of the Assets to the
Debtor, resolve all outstanding disputes with the holders of liens
thereon and liquidate them in order to pay legitimate creditors on
their allowed claims in accordance with both state and federal
law.

The Debtor seeks the approval of these Purchase and Sale Agreements
(PSAs):

     (a) The Purchase and Sale Agreement ("84 Clinton Contract")
between the Debtor and MGJR Nominee LLC, dated August 10, 2015, for
the purchase of real property located at 84 Clinton Avenue,
Brooklyn, New York 11205, for $2,500,000.

     (b) The Purchase and Sale Agreement ("300 VB Contract")between
the Debtor and The Other Half LLC, dated Aug. 8, 2015, for the
purchase of the real property located at 300 Van Brunt Street,
Brooklyn, New York 11231, for $1,800,000; and

     (c) The Purchase and Sale Agreement ("555-557 Union Contract")
between the Debtor and JJC Real Estate LLC, dated Aug. 30, 2015,
for the purchase of the real property located at 555-557 Union
Street, Brooklyn, New York 11215, for $3,800,000.

The Debtor contends that the PSAs all provide for a sale of the
Properties to three distinct non-insider arms-length parties, free
and clear of all liens, claims, encumbrances and interests of any
kind, subject to higher and better offers.  The Debtor further
contends that all three proposed sales are all cash and not subject
to any financing or due diligence contingencies and that they all
provide for a sale of the Properties as-is and subject to all
violations but provide that the Debtor shall pay all monetary fines
associated therewith.

The proposed Bidding Procedures contain, among others, the
following terms:

     (a) Break-Up Fees: $100,000 pursuant to the 84 Clinton PSA;
$25,000 pursuant to the 300 Van Brunt PSA; and $54,000 pursuant to
the 555-557 Union PSA.

     (b) Bid Deadline: Nov. 13, 2015 at 12:00 p.m.

     (c) Auction Date: Nov. 17, 2015 at 10:00 a.m.

     (d) Following the Auction, the Debtor will seek the Court's
approval of the sale of the Debtor's Properties free and clear of
all liens, claims, interests and encumbrances to the respective
successful bidder.

The Debtor submits that the PSAs, subject to higher and better
offers received at an Auction, will provide the greatest recovery
for the Debtor's estate than would be provided by any other
available alternative.  The Debtor adds that the terms and
conditions of the PSAs will be tested in the market through an
auction process, which will support the fairness and reasonableness
of the consideration being received.

The Debtor's Motion is scheduled for hearing on Oct. 21, 2015 at
3:00 p.m.

Brooklyn Renaissance is represented by:

          Jonathan S. Pasternak, Esq.
          Erica Feynman Aisner, Esq.
          DELBELLO DONNELLAN WEINGARTEN
          WISE & WIEDERKEHR LLP
          One North Lexington Avenue
          White Plains, NY 10601
          Telephone: (914)681-0200

                    About Brooklyn Renaissance

Brooklyn Renaissance, LLC, sought Chapter 11 bankruptcy protection
(Bankr. E.D.N.Y. Case No. 15-43122) on July 6, 2015 in Brooklyn,
without stating a reason.  The Debtor estimated $10 million to $50
million in assets and less than $10 million in debt.  James McGown,
the managing member, signed the petition.  The case is assigned to
Judge Nancy Hershey Lord.  The Debtor tapped Jonathan S. Pasternak,
Esq., at DelBello Donnellan Weingarten Wise & Wiederkehr, LLP, in
White Plains, New York, as counsel.  According to the docket, the
Debtor's Chapter 11 plan and disclosure statement are due Nov. 3,
2015.



BUNKERS INT'L: Files Schedules of Assets and Liabilities
--------------------------------------------------------
Bunkers International Corp. filed with the U.S. Bankruptcy Court
for the Middle District of Florida its schedules of assets and
liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                  $696,676
  B. Personal Property           $22,965,445
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $13,463,621
  E. Creditors Holding
     Unsecured Priority
     Claims                                          $525,452      
                                
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                       $22,077,939
                              --------------   --------------
        Total                    $23,662,121      $36,067,012      
                            

A copy of the schedules is available for free at
http://is.gd/sxGQ1e

                   About Bunkers International

Bunkers International Corp. and three affiliates sought Chapter 11
bankruptcy protection (Bankr. M.D. Fla. Proposed Lead Case No.:
15-07397) on Aug. 28, 2015.  The petition was signed by John T.
Canal as president/CEO.  Latham, Shuker, Eden & Beaudine, LLP
represents the Debtors as counsel.

The Debtors offer trading services to ship owners, ship operators,
charterers, brokers, and traders through its global sales offices
located in Lake Mary, Florida, Singapore, South Africa, Greece, New
York, the UK, and Turkey.

Guy Gebhardt, acting U.S. trustee for Region 21, appointed three
creditors of Bunkers International Corp. to serve on the company's
official committee of unsecured creditors.


CACHE INC.: Seeks February 1 Extension of Plan Filing Date
----------------------------------------------------------
Cache Inc., et al., ask the U.S. Bankruptcy Court for the District
of Delaware to further extend their exclusive period for filing a
plan of reorganization through and including February 1, 2016, and
their exclusive period for obtaining acceptances of that plan
through and including April 1, 2016.

The Debtors explained that they believe it is in the best interests
of the estates and creditors for the Debtors to preserve the
Exclusivity Periods pending a decision from the Court on the
Dismissal Motion.  The Debtors are seeking approval of the
Dismissal Motion to provide for an end to these chapter 11 cases,
but the Debtors file this Motion out of an abundance of caution to
preserve the Debtors’ rights pending a determination on the
Dismissal Motion.  The Debtors are in the process of winding down
the remaining issues in these cases that need to be addressed.

In addition, the Debtors negotiated and implemented the settlement
memorialized in the Final DIP Order that will provide up to
$950,000 for the payment of allowed 503(b)(9) claims and stub rent
claims.  The Debtors are in the process of winding down the
remaining issues in these cases that need to be addressed.  In
light of the posture of these chapter 11 cases, the Debtors believe
it is in the best interests of the estates and creditors for the
Debtors to preserve the Exclusivity Periods pending a decision from
the Court on the Dismissal Motion.  The Debtors are seeking
approval of the Dismissal Motion to provide for an end to these
chapter 11 cases, but the Debtors filed the Extension Motion out of
an abundance of caution to preserve their rights pending a
determination on the Dismissal Motion.

Cache, Inc., et al., are represented by:

          Laura Davis Jones, Esq.
          David M. Bertenthal, Esq.
          Joshua M. Fried, Esq.
          Colin R. Robinson, Esq.
          Peter J. Keane, Esq.
          PACHULSKI STANG ZIEHL & JONES LLP
          919 North Market Street, 17th Floor
          P.O. Box 8705
          Wilmington, DE 19899-8705
          Tel: 302/652-4100
          Fax: 302/652-4400
          E-mail: ljones@pszjlaw.com
                  dbertenthal@pszjlaw.com
                  jfried@pszjlaw.com
                  crobinson@pszjlaw.com
                  pkeane@pszjlaw.com

                              About CACHE, Inc.

Cache, Inc., operates 236 women's apparel specialty stores under
the trade name "Cache."  On Dec. 4, 2014, New York-based Cache
announced that it has received an inquiry from a third party
regarding a potential sale of the Company.

Cache, Inc., and its two affiliates sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D. Del. Case No. 15-10172) on
Feb. 4, 2015.  The case is assigned to Judge Mary F. Walrath.

The Debtors are represented by Laura Davis Jones, Esq., Peter J.
Keane, Esq., and Colin R. Robinson, Esq., at Pachulski Stang Ziehl
& Jones LLP, in Wilmington, Delaware.  The Debtors' restructuring
advisors is FTI Consulting Inc., while their investment banker and
financial advisor is Janney Montgomery Scott LLC.  Thompson Hine
represents the Debtors in corporate and securities matter, while
Jackson Lewis P.C. represents the Debtors in employment matters.

The Debtors' communications services provider is Epiq Systems,
Inc., while their noticing and claims management services provider
is Kurtzman Carson Consultants.  A&G Realty Partners, LLC, serves
as the Debtors' real estate consultants.

The Debtors had total assets of $53.7 million and total liabilities
of $51.1 million as of Sept. 27, 2014.  In its schedules, the
Debtor disclosed $38,793,006 in assets and $84,113,066 in
liabilities.      

The U.S. Trustee for Region 3 has appointed seven members to the
Official Committee of Unsecured Creditors in the Debtors' case.


CAESARS ENTERTAINMENT: Amended Plan Supported by Senior Creditors
-----------------------------------------------------------------
Caesars Entertainment Operating Company, Inc., a subsidiary of
Caesars Entertainment Corporation, announced that it has filed an
Amended Plan of Reorganization, an accompanying Disclosure
Statement and a motion to further extend exclusivity through
March 15, 2016.  The filings were made with the United States
Bankruptcy Court for the Northern District of Illinois.

The Amended Plan provides for a comprehensive restructuring
transaction that is supported by holders of more than 80 percent of
CEOC's First Lien Bank Debt and First Lien Notes pursuant to
restructuring support agreements CEOC has entered into with both
creditor groups.  Importantly, the Amended Plan also provides for
enhanced recoveries to CEOC's junior creditors.

Now that CEOC has obtained the support of approximately $12 billion
(or two-thirds) of its capital structure, it can continue its
ongoing efforts to seek consensus with its junior creditors while
also pursuing a path to emergence consistent with agreed upon
milestones.  CEOC is not seeking a hearing to approve the
Disclosure Statement and solicit votes on the Amended Plan at this
time.  Under an existing court order related to the ongoing
investigation by the court-appointed chapter 11 examiner, the
earliest CEOC can request a hearing to approve the Disclosure
Statement is December 15.  The extension sought will provide CEOC
additional time to pursue its Amended Plan on an exclusive basis
while it seeks to build further consensus for the Amended Plan.

                        Strong Operations

CEOC noted that its operations have continued uninterrupted
throughout the financial restructuring process and that its
business performance improved in the first half of 2015 compared
with the prior year, driven by, among other factors, marketing,
labor efficiencies and strong hospitality revenues.

                   Highlights of the Amended Plan

If confirmed and consummated, the Amended Plan, which settles
litigation claims for significant contributions of cash and
securities from Caesars Entertainment Corporation and improves
recoveries across CEOC's capital structure, will eliminate
approximately $10 billion in aggregate debt from CEOC's balance
sheet.  Specifically, the Amended Plan provides for a tax-efficient
corporate and balance sheet restructuring that maximizes the value
of the businesses by converting CEOC into a real estate investment
trust with ongoing credit support from Caesars Entertainment.  The
Amended Plan also outlines recoveries for creditors that are
materially improved from the original Plan of Reorganization.

The Disclosure Statement is subject to approval by the Bankruptcy
Court and the Amended Plan is subject to confirmation by the
Bankruptcy Court.  The filings will set in motion a series of
hearings before the Bankruptcy Court to be scheduled in due
course.

CEOC's Amended Plan, Disclosure Statement and other court documents
pertaining to the Chapter 11 proceedings can be accessed directly
through the Claims Agent Web site,
http://cases.primeclerk.com/ceoc. CEOC has also established a
dedicated Web site, www.ceocrestructuring.com, for stakeholders to
access current information about the restructuring.

                     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 reason.


CAESARS ENTERTAINMENT: Amends 4th Amended RSA with Bondholders
--------------------------------------------------------------
Caesars Entertainment Corporation, Caesars Entertainment Operating
Company, Inc., a majority owned subsidiary of CEC, and certain
holders 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 agreed to amend and restate the
Fourth Amended and Restated Restructuring Support and Forbearance
Agreement, dated as of July 31, 2015.  The Amendment will go
effective when it is signed by Requisite Consenting Creditors.

Pursuant to the Amendment and the terms of the term sheet
incorporated into the Amendment, the First Lien Bond RSA has been
amended and restated to provide the following:

Syndication of OpCo Debt

CEOC, as a restructured separate operating company, will syndicate,
instead of issuing directly to creditors, first lien debt and
second lien debt to the market for cash to be distributed to
holders of the First Lien Bond Claims and beneficial holders of the
claims under CEOC's first lien bank debt.

There will be condition precedents to the Effective Date that $882
million of the proceeds from the syndication of the New First Lien
OpCo Debt and $406 million of the proceeds from the syndication of
the New Second Lien OpCo Debt be distributed to First Lien Bank
Lenders.  These condition precedents can be waived by the Requisite
Consenting Bank Creditors.  If the condition precedent for the New
First Lien OpCo Debt is waived, New First Lien OpCo Debt will be
distributed to the First Lien Bank Lenders in a principal amount
equal to $882 million less the cash proceeds of the syndication of
the New First Lien OpCo Debt distributed to the First Lien Bank
Lenders.  If the condition precedent for the New Second Lien OpCo
Debt is waived, New Second Lien OpCo Debt will be distributed to
the First Lien Bank Lenders in a principal amount equal to $406
million less cash proceeds of the syndication of the New Second
Lien OpCo Debt distributed to the First Lien Bank Lenders.

There will also be condition precedents to the Effective Date that
$306 million of the proceeds from the syndication of the New First
Lien OpCo Debt and $141 million of the proceeds from the
syndication of the New Second Lien OpCo Debt be distributed to
First Lien Noteholders.  These condition precedents can be waived
by the Requisite Consenting Creditors.  If the condition precedent
for the New First Lien OpCo Debt is waived, New First Lien OpCo
Debt will be distributed to the First Lien Noteholders in a
principal amount equal to $306 million less the cash proceeds of
the syndication of the New First Lien OpCo Debt distributed to the
First Lien Noteholders.  If the condition precedent for the New
Second Lien OpCo Debt is waived, New Second Lien OpCo Debt will be
distributed to the First Lien Noteholders in a principal amount
equal to $141 million less cash proceeds of the syndication of the
New Second Lien OpCo Debt distributed to the First Lien Bank
Lenders.

CPLV Debt Amendments

Caesars Palace Las Vegas will issue up to $2,600 million in debt.
No less than $1,800 million of such debt will be sold to third
party investors for cash proceeds.  The Amendment modifies the cap
on the weighted average yield on the CPLV Market Debt and CPLV
Mezzanine Debt in that they will be capped such that the annual
debt service remains at $130 million, but such amount now will be
reduced by every dollar of second lien debt of CEOC, as a
restructured property company that is issued to First Lien Bank
Lenders multiplied by 0.072072072, except that the cap will not be
reduced below $106 million.

Upfront Payment

CEC has agreed to pay to each Consenting Creditor (or its assignee
or transferee) that was a signatory to the First Lien Bond RSA on
or prior to Jan. 15, 2015, and that held any First Lien Bank Claims
at 10:00 a.m. ET on Sept. 8, 2015 (and which are still held by such
Consenting Creditor) such Consenting Creditor's pro rata share of
the Upfront Payment (as defined in the Amendment).

Elimination of Equity Rights

The right of Non-First Lien Noteholders to participate in
purchasing the right to receive additional shares of the PropCo
Common Stock was eliminated by the Amendment.

Cash Reimbursement

CEC agreed to reimburse CEOC, which will pay such amounts to First
Lien Noteholders, for any dilution of Available Cash otherwise
payable to the First Lien Noteholder as adequate protection
payments caused by the payment of forbearance fees pursuant to the
Restructuring Support and Forbearance Agreement, dated as of
Aug. 21, 2015, among CEC, CEOC and the First Lien Bank Lenders
party thereto.

A copy of the Fifth Amended and Restated Restructuring Support and
Forbearance Agreement is available for free at:

                        http://is.gd/NY9ctz

                    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 reason.


CAESARS ENTERTAINMENT: Can't Protect Parent from Creditor Suits
---------------------------------------------------------------
Jessica Corso at Bankruptcy Law360 reported that Caesars
Entertainment Operating Co. can't stop creditors in New York and
Delaware from pursuing its parent company over unpaid debts,
according to an order released by an Illinois federal judge on Oct.
8, 2015, potentially leaving the entity to fend for itself in
Chapter 11 on the same day it took a second shot at a restructuring
plan.

U.S. District Judge Robert W. Gettleman denied CEOC's request that
a stay be extended to protect parent Caesars Entertainment Corp.
from four creditor suits on the East Coast.

In a separate report, ABI.org reported that according to Reuters,
Caesars Entertainment Corp.'s unit filed an amended restructuring
plan along with a disclosure statement in a U.S. Bankruptcy Court.

                  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 reason.


CAESARS ENTERTAINMENT: Fifth Amended and RSA Takes Effect
---------------------------------------------------------
Pursuant to its terms, the Fifth Amended and Restated Restructuring
Support and Forbearance Agreement, dated as of
Oct. 7, 2015, among Caesars Entertainment Corporation, Caesars
Entertainment Operating Company, Inc., a majority owned subsidiary
of CEC, and certain holders 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 became effective
on Oct. 9, 2015, because it was signed by the Requisite Consenting
Creditors, according to a regulatory filing with the Securities and
Exchange Commission.

                    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 reason.


CAESARS ENTERTAINMENT: Plan Backed by $12B of Capital Structure
---------------------------------------------------------------
Caesars Entertainment Operating Company, Inc., a subsidiary of
Caesars Entertainment Corporation on Oct. 8 disclosed that it has
filed an Amended Plan of Reorganization, an accompanying Disclosure
Statement and a motion to further extend exclusivity through March
15, 2016.  The filings were made with the United States Bankruptcy
Court for the Northern District of Illinois.

The Amended Plan provides for a comprehensive restructuring
transaction that is supported by holders of more than 80 percent of
CEOC's First Lien Bank Debt and First Lien Notes pursuant to
restructuring support agreements CEOC has entered into with both
creditor groups.  Importantly, the Amended Plan also provides for
enhanced recoveries to CEOC's junior creditors.

Now that CEOC has obtained the support of approximately $12 billion
(or two-thirds) of its capital structure, it can continue its
ongoing efforts to seek consensus with its junior creditors while
also pursuing a path to emergence consistent with agreed upon
milestones.  CEOC is not seeking a hearing to approve the
Disclosure Statement and solicit votes on the Amended Plan at this
time.  Under an existing court order related to the ongoing
investigation by the court-appointed Chapter 11 examiner, the
earliest CEOC can request a hearing to approve the Disclosure
Statement is December 15.  The extension sought will provide CEOC
additional time to pursue its Amended Plan on an exclusive basis
while it seeks to build further consensus for the Amended Plan.

Strong Operations

CEOC noted that its operations have continued uninterrupted
throughout the financial restructuring process and that its
business performance improved in the first half of 2015 compared
with the prior year, driven by, among other factors, marketing,
labor efficiencies and strong hospitality revenues.

Highlights of the Amended Plan

If confirmed and consummated, the Amended Plan, which settles
litigation claims for significant contributions of cash and
securities from Caesars Entertainment Corporation and improves
recoveries across CEOC's capital structure, will eliminate
approximately $10 billion in aggregate debt from CEOC's balance
sheet.  Specifically, the Amended Plan provides for a tax-efficient
corporate and balance sheet restructuring that maximizes the value
of the businesses by converting CEOC into a real estate investment
trust (REIT) with ongoing credit support from Caesars
Entertainment.  The Amended Plan also outlines recoveries for
creditors that are materially improved from the original Plan of
Reorganization.

The Disclosure Statement is subject to approval by the Bankruptcy
Court and the Amended Plan is subject to confirmation by the
Bankruptcy Court.  The filings made today will set in motion a
series of hearings before the Bankruptcy Court to be scheduled in
due course.  This press release is not intended as a solicitation
for a vote on the Amended Plan within the meaning of section 1125
of the Bankruptcy Code.

CEOC's Amended Plan, Disclosure Statement and other court documents
pertaining to the Chapter 11 proceedings can be accessed directly
through the Claims Agent website, http://cases.primeclerk.com/ceoc

CEOC has also established a dedicated website,
www.ceocrestructuring.com for stakeholders to access current
information about the restructuring.

                   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 reason.



CALATLANTIC GROUP: Moody's Hikes Corporate Family Rating to Ba2
---------------------------------------------------------------
Moody's Investors Service upgraded the Corporate Family Rating of
CalAtlantic Group, Inc., formerly known as Standard Pacific Corp.,
to Ba2 from B1 and Probability of Default Rating to Ba2-PD from
B1-PD. CalAtlantic is formed by merging Ryland Group, Inc. into
Standard Pacific Corp. while changing the name of the combined
entity to CalAtlantic. In addition, Moody's upgraded all of the
company's unsecured notes to Ba2 and affirmed the Speculative-Grade
Liquidity Rating (SGL) at SGL-2. The rating outlook is stable.

The merger of Standard Pacific and Ryland is an all stock
transaction amounting to about $1.9 billion in equity
consideration. Standard Pacific's shareholders will own 59% of
CalAtlantic and Ryland's shareholders 41%.

The Ba2 Corporate Family Rating is supported by CalAtlantic's
relatively strong credit metrics as compared to many of its peers.
CalAtlantic's debt leverage is anticipated to be around 46.6%,
interest coverage at 4x, and revenues will be just shy of $6
billion at the end of 2015 (Moody's calculations assume full year
of Ryland). Furthermore, the Ba2 Corporate Family Rating considers
CalAtlantic's size, geographic diversification as well as price
point range and product diversity.

The following rating actions were taken:

  Corporate Family Rating, upgraded to Ba2 from B1;

  Probability of Default Rating, upgraded to Ba2-PD from B1-PD;

  Senior unsecured notes (issued originally by Standard Pacific),
upgraded to Ba2 (LGD4) from B1 (LGD4);

  Senior unsecured notes (issued originally by Ryland Group),
upgraded to Ba2 (LGD4) from Ba3 (LGD4);

  Speculative-Grade Liquidity Rating, affirmed at SGL-2;

  Ratings outlook is stable.

Moody's also withdrew the Corporate Family Rating, Probability of
Default Rating, Speculative-Grade Liquidity Rating, and the rating
outlook for Ryland Group as the company no longer exists on a
stand-alone basis. All of its debt securities were transferred to
CalAtlantic. Within CalAtlantic, the unsecured notes of Ryland
Group are pari passu with the unsecured notes of Standard Pacific.

RATING RATIONALE

The Ba2 Corporate Family Rating is supported by CalAtlantic's key
credit metrics: debt leverage is anticipated to be around 46.6%,
interest coverage at 4x, and revenues will be just shy of $6
billion at the end of 2015 (Moody's calculations assume full year
of Ryland). Looking into 2016, CalAtlantic is projected to have
close to $7 billion of revenues, gross margins of 22-22.6%, and HB
debt/capitalization of 43-44%. Currently, synergies from the
combination of Standard Pacific and Ryland are estimated to be
around $50-$70 million.

In addition to credit metrics and potential synergies, the Ba2
rating is supported by CalAtlantic's business profile. With the
combination of Standard Pacific and Ryland, CalAtlantic becomes the
4th largest homebuilder in the United States as measured by
revenues. Total pro forma LTM 6/30/15 revenues amount to $5.2
billion (Ryland's stand-alone revenues are $2.7 billion and
Standard Pacific's revenues are $2.5 billion). Furthermore,
CalAtlantic will operate in 17 states vs. only 7 states that
Standard Pacific operated prior to the merger. The concentration in
California will decline to 27% from 46%. Additionally, the
company's product mix will include homes that range from
entry-level through luxury. The wide product offering and
price-point range will allow the company to better take advantage
of the ever changing demographic profiles of the customers. At the
same time, the Ba2 Corporate Family Rating is impacted by the
cyclical nature of the homebuilding industry and integration risk.

The Speculative-Grade Liquidity Rating of SGL-2 reflects good
liquidity. CalAtlantic is anticipated to generate positive cash
flow from operations and have cash balances of around $70-$90
million in 2016. The company is also expected to have access to a
$750 million unsecured credit facility due 2019. The credit
facility contains financial maintenance covenants but Moody's
believes that CalAtlantic will not have any issues with complying
with the covenants. CalAtlantic has ample options for alternate
liquidity as the company's assets are unencumbered and it has a pro
forma land supply of 4.6 years based on Moody's projected
deliveries for 2016.

The stable outlook reflects that the company's credit metrics are
anticipated to improve over the next 12-18 months as industry
conditions steadily advance.

The ratings could be downgraded if homebuilding debt to
capitalization increases above 50% on a sustained basis and
interest coverage falls below 3.5x. Furthermore, deterioration in
profitability or weakening industry conditions could place pressure
on the ratings. In addition, any sizeable acquisitions and/or
shareholder friendly activities could result in a downgrade.

The ratings could be upgraded if the company's debt leverage is
sustained below 40%, interest coverage is close to 6x, and gross
margins are well above 20%.

CalAtlantic Group, Inc. is the 4th largest homebuilder in the
United States with pro forma LTM 6/30/15 revenues of $5.2 billion.
The company operates in 41 MSAs and is in entry-level, move-up,
luxury, and active adult segments with move-up representing 71% of
pro forma revenues.



CERVANTES INC: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: Cervantes, Inc.
        24 North Avenue East
        Cranford, NJ 07016

Case No.: 15-29040

Chapter 11 Petition Date: October 8, 2015

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

Judge: Hon. Stacey L. Meisel

Debtor's Counsel: Anthony Sodono, III, Esq.
                  TRENK, DIPASQUALE, DELLA FERA & SODONO, P.C.
                  347 Mt. Pleasant Avenue, Suite 300
                  West Orange, NJ 07052
                  Tel: 973-243-8600
                  Fax: 973-243-8600
                  Email: asodono@trenklawfirm.com
Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Hector Alvarez, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/njb15-29040.pdf


COLLEGE NETWORK: Is Insolvent & Owes $12M, Credit Union Says
------------------------------------------------------------
The Associated Press reports that a credit union that holds loans
on thousands of prospective college students is suing an
Indianapolis-based college test preparation company, alleging that
it owes it more than $12 million.

The news agency relates that Southeast Financial Credit Union's
federal lawsuit also contends that The College Network is insolvent
and its owners are illegally trying to shield remaining assets from
creditors.  The Franklin, Tennessee-based credit union holds about
$35 million in loans taken out by about 10,000 of the college test
preparation company's nationwide customers, the report says.

According to the report, College Network executive Mark Ivory said
the company has not yet been served with the lawsuit, which was
filed in Indianapolis, but vowed to fight the "unfair
allegations."

"We will continue to support our customers, which are our main
business function, and we will continue to defend our company
against unfair allegations," Mr. Ivory wrote in a statement to The
Indianapolis Star, the AP relays.  

Southeast Financial contends The College Network's internet portal
is the company's "sole remaining asset" and that the defendants are
trying to move that to a newly formed company to avoid obligations
to creditors, the report says.

The credit union has had a business relationship with The College
Network since 2003, and was the largest supplier of personal loans
to its customers, the AP notes.

According to the AP, Southeast Financial alleges that when it
signed a contract extension with the company last year, it wasn't
made aware that it was "insolvent, financially weakened by years of
dwindling and slow sales and poor business performance."

The report says the company's customers pay up front for years'
worth of the company's online "learning modules."  Those customers
use personal loans with payments beginning immediately -- not
student loans with lower interest and deferred payments -- because
The College Network is not a school, the report states.

The AP relates that Indiana Attorney General Greg Zoeller sued the
company in June, saying it made personal loans for customers at
high interest rates, but that relatively few people actually
complete its program and go on to earn a college degree.

New York Attorney General Eric Schneiderman also sued the company,
contending that its customers "were duped into buying expensive,
inadequate study materials and access to 'academic advisors' who
were falsely touted as experts," adds the AP.

The AP relates that The Indianapolis Star reported last year that
The College Network allegedly used outright fraud and high-pressure
sales tactics to sign up customers, often nurses, seeking to
improve their professional lives.

The newspaper reported that "program advisers" working on
commission came to Indianapolis for training and then fanned out
nationally, signing up customers in places such as Starbucks
restaurants and visiting the homes of prospective students, the
report adds.



COLT DEFENSE: Court Halts Litigation of Creditors Against Landlord
------------------------------------------------------------------
Jonathan Randles at Bankruptcy Law360 reported that a Delaware
bankruptcy judge on Oct. 7, halted a bid by Colt Defense LLC's
unsecured creditors committee to pursue separate litigation against
the landlord for the gun maker's main manufacturing plant, an issue
that has become a major sticking point in Chapter 11.

U.S. Bankruptcy Judge Laurie Silverstein denied the committee's
motion for so-called "derivative standing" which, if granted, would
have afforded Colt's creditors the ability to sue landlord NPA
Hartford LLC and its affiliate, Sciens Capital Management LLC,
which is also a major stakeholder.

                        About Colt Defense

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

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

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

On June 12, 2015, Colt's exchange offer, consent solicitation and
solicitation of acceptances of a prepackaged plan of
reorganization, dated April 14, 2015, as supplemented, with respect
to its $250 million in 8.75% Senior Notes due 2017 expired.  The
conditions to the exchange offer, the consent solicitation and the
prepackaged plan of reorganization were not satisfied, and those
conditions were not waived by Colt.  Colt's restructuring support
agreement with Marblegate Special Opportunities Master Fund, L.P.
and Morgan Stanley Senior Funding, Inc., the Company's senior
secured term loan lenders, requires it to file for Chapter 11
bankruptcy.

Accordingly, Colt Holding Company LLC and nine affiliates,
including Colt Defense LLC, on June 14, 2015, filed voluntary
petitions (Bankr. D. Del. Lead Case No. 15-11296) for relief under
Chapter 11 of the Bankruptcy Code to pursue a sale of the assets
as a going concern.  Colt Defense estimated $100 million to $500
million in assets and debt.

On June 16, 2015, the Court directed the joined administration of
the assets.

The Debtors tapped Richards, Layton & Finger, P.A., and O'Melveny
& Myers LLP, as attorneys, and Kurtzman Carson Consultants LLC as
claims and noticing agent.  Perella Weinberg Partners L.P. is
acting as financial advisor of the Company, and Mackinac Partners
LLC is acting as its restructuring advisor.

Wilmington Savings Fund Society, FSB, as agent under the $13.33
million Term DIP Loan Agreement, is represented by Pryor Cashman
LLP's Eric M. Hellige, Esq.; and Willkie Farr & Gallagher LLP's
Leonard Klingbaum, Esq.

Cortland Capital Market Services LLC, as agent under the $6.67
million Senior DIP Credit Agreement, is represented by Holland &
Knight LLP's Joshua M. Spencer, Esq.; Stroock & Stroock & Lavan
LLP's Brett Lawrence, Esq.; and Osler, Hoskin & Harcourt LLP's
Richard Borins, Esq., and Tracy Sandler, Esq.

The U.S. Trustee for Region 3 appointed five creditors of Colt
Defense Inc. and its affiliates to serve on the official committee
of unsecured creditors.  MagPul Industries Corp. has resigned from
the committee leaving only four Committee members.

                          *     *     *

Jonathan Randles at Bankruptcy Law360 reported that a Delaware
bankruptcy judge on Oct. 7, 2015, halted a bid by Colt Defense's
unsecured creditors committee to pursue separate litigation against
the landlord for the gun maker's main manufacturing plant, an issue
that has become a major sticking point in the Chapter 11.

U.S. Bankruptcy Judge Laurie Silverstein denied the committee's
motion for so-called "derivative standing" which, if granted, would
have afforded Colt's creditors the ability to sue landlord NPA
Hartford LLC and its affiliate, Sciens Capital Management LLC,
which is also a major stakeholder.



COLT DEFENSE: Files Plan of Reorganization & Disclosure Statement
-----------------------------------------------------------------
Colt Defense LLC on Oct. 9 disclosed that it has taken a
significant step toward completion of its restructuring and exit
from chapter 11 by filing a plan of reorganization and a disclosure
statement with the U.S. Bankruptcy Court for the District of
Delaware.

The Plan and disclosure statement are consistent with the terms of
a restructuring support agreement among Colt, holders of over 60%
of Colt's outstanding 8.75% Senior Notes due 2017, Sciens Capital,
and the landlord under the lease for the Company's West Hartford,
Connecticut manufacturing facility and corporate headquarters.
Under the Plan, Colt will receive $50 million in new capital from
certain of the Supporting Noteholders and Sciens Capital, which
will allow the Company to execute its business plan and emerge from
chapter 11.  The Plan secures options for the Company to continue
operations in West Hartford, Connecticut on a long-term basis.  The
Plan and disclosure statement also include the terms on which the
Company's secured lenders, including Morgan Stanley Senior Funding,
Inc., have agreed to refinance their prepetition and post-petition
loans through new secured exit facilities to be issued on the Plan
effective date.

The Plan is subject to the vote of the Company's creditors and the
review and approval of the Bankruptcy Court.  Colt has filed a
motion with the Bankruptcy Court seeking approval of the adequacy
of the information contained in the disclosure statement so that it
may seek confirmation of the Plan consistent with the milestones
contained in its DIP credit agreements.  The Company's goal is to
emerge from its chapter 11 restructuring before year end.

"We are encouraged by the progress we have made toward a successful
exit from bankruptcy, and are confident that our filed plan of
reorganization strengthens the Company's balance sheet, provides
adequate capital and liquidity to execute our strategic plan and
preserves continuity in Colt's business operations," said Dennis
Veilleux, Chief Executive Officer of Colt.

"As we work diligently to seek approval of the Plan by the
Company's creditors and the Bankruptcy Court, today's announcement
reflects broad support for our Plan among Colt's key stakeholders
and positions the Company with a path forward to emerge from
Chapter 11 as quickly as possible.  Importantly, as this process
moves ahead, the operational financing we had previously secured
remains in place, enabling us to continue to meet our obligations
to customers, suppliers, employees and other key service
providers," Mr. Veilleux continued.

"Today's announcement is a testament to the dedication and
professionalism of our people, and our senior lenders, specifically
the Supporting Noteholders and Morgan Stanley, who are committed to
supporting Colt's success as an iconic American manufacturer," Mr.
Veilleux concluded.

Perella Weinberg Partners L.P. is acting as financial advisor of
the Company, Mackinac Partners LLC is acting as restructuring
advisor of the Company and O'Melveny & Myers LLP is the Company's
legal counsel.

Willkie Farr & Gallagher LLP is legal counsel to Morgan Stanley
Senior Funding, Inc., GLC Advisors & Co., LLC is acting as
financial advisor to the Supporting Noteholders, Brown Rudnick LLP
is legal counsel to the Supporting Noteholders and Skadden, Arps,
Slate, Meagher & Flom LLP is legal counsel to Sciens Capital.

                           About Colt

Colt -- http://www.colt.com-- is a designer, developer and
manufacturer of firearms.  The company has supplied civilian,
military and law enforcement customers in the United States and
throughout the world for more than 175 years.  Its subsidiary, Colt
Canada Corporation, is the Canadian government's Center of
Excellence for small arms and is the Canadian military's sole
supplier of the C7 rifle and C8 carbine.  Colt operates its
manufacturing facilities in West Hartford, Connecticut and
Kitchener, Ontario.

                      About Colt Defense

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

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

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

On June 12, 2015, Colt's exchange offer, consent solicitation and
solicitation of acceptances of a prepackaged plan of
reorganization, dated April 14, 2015, as supplemented, with respect
to its $250 million in 8.75% Senior Notes due 2017 expired.  The
conditions to the exchange offer, the consent solicitation and the
prepackaged plan of reorganization were not satisfied, and those
conditions were not waived by Colt.  Colt's restructuring support
agreement with Marblegate Special Opportunities Master Fund, L.P.
and Morgan Stanley Senior Funding, Inc., the Company's senior
secured term loan lenders, requires it to file for Chapter 11
bankruptcy.

Accordingly, Colt Holding Company LLC and nine affiliates,
including Colt Defense LLC, on June 14, 2015, filed voluntary
petitions (Bankr. D. Del. Lead Case No. 15-11296) for relief under
Chapter 11 of the Bankruptcy Code to pursue a sale of the assets as
a going concern.  Colt Defense estimated $100 million to $500
million in assets and debt.

On June 16, 2015, the Court directed the joined administration of
the assets.

The Debtors tapped Richards, Layton & Finger, P.A., and O'Melveny &
Myers LLP, as attorneys, and Kurtzman Carson Consultants LLC as
claims and noticing agent.  Perella Weinberg Partners L.P. is
acting as financial advisor of the Company, and Mackinac Partners
LLC is acting as its restructuring advisor.

Wilmington Savings Fund Society, FSB, as agent under the $13.33
million Term DIP Loan Agreement, is represented by Pryor Cashman
LLP's Eric M. Hellige, Esq.; and Willkie Farr & Gallagher LLP's
Leonard Klingbaum, Esq.

Cortland Capital Market Services LLC, as agent under the $6.67
million Senior DIP Credit Agreement, is represented by Holland &
Knight LLP's Joshua M. Spencer, Esq.; Stroock & Stroock & Lavan
LLP's Brett Lawrence, Esq.; and Osler, Hoskin & Harcourt LLP's
Richard Borins, Esq., and Tracy Sandler, Esq.

The U.S. Trustee for Region 3 appointed five creditors of Colt
Defense Inc. and its affiliates to serve on the official committee
of unsecured creditors.  MagPul Industries Corp. has resigned from
the committee leaving only four Committee members.

                           *     *     *

Colt's equity sponsor, Sciens Capital Management, has agreed to act
as a stalking horse bidder in the proposed asset sale.  Details of
the deal were not provided in Colt's news statement announcing the
Chapter 11 filing.  Colt, however, said it would be soliciting
competing bids and has appointed an independent committee of its
board of managers to manage the process and evaluate bids.  Colt
expects to complete the entire Chapter 11 process in 60-90 days.

Sciens Capital is represented by Skadden, Arps, Slate, Meagher &
Flom LLP's Anthony W. Clark, Esq., and Jason M. Liberi, Esq.


COMDISCO HOLDING: Files Motion to Approve Litigation Settlement
---------------------------------------------------------------
Comdisco Holding Company, Inc. on Oct. 9 disclosed that on October
6, 2015 the trustee for the Comdisco Litigation Trust filed with
the United States Bankruptcy Court for the Northern District of
Illinois Eastern Division a motion seeking the entry of an order to
(i) approve a proposed settlement with the remaining defendants who
had executed promissory notes in connection with Comdisco, Inc.'s
Shared Investment Plan, (ii) approve the filing of the final report
of the Litigation Trustee and (iii) upon the wind-up of the
Comdisco Litigation Trust and final disbursement of its net
proceeds to the beneficiaries of the Litigation Trust, terminate
the Litigation Trust and discharge the Litigation Trustee and the
Comdisco Litigation Trust Advisory Board.  A hearing date to
approve the Motion has not been scheduled yet.

                        About Comdisco

Comdisco emerged from Chapter 11 bankruptcy proceedings on Aug. 12,
2002.  The purpose of reorganized Comdisco is to sell, collect or
otherwise reduce to money in an orderly manner the remaining assets
of the corporation.  Pursuant to the Plan and restrictions
contained in its certificate of incorporation, Comdisco is
specifically prohibited from engaging in any business activities
inconsistent with its limited business purpose.  Accordingly,
within the next few years, it is anticipated that Comdisco will
have reduced all of its assets to cash and made distributions of
all available cash to holders of its common stock and contingent
distribution rights in the manner and priorities set forth in the
Plan.  At that point, the company will cease operations.  The
company filed on Aug. 12, 2004 a Certificate of Dissolution with
the Secretary of State of the State of Delaware to formally
extinguish Comdisco Holding Company, Inc.'s corporate existence
with the State of Delaware except for the purpose of completing the
wind-down contemplated by the Plan.  Under the Plan, Comdisco was
charged with, and has been, liquidating its assets.  While there
have been no changes either to the Plan, or Comdisco's obligations
under it, Comdisco adopted ASU 2013-07, Liquidation Basis of
Accounting as of October 1, 2014 and accordingly, determined that
liquidation was imminent.  Therefore, effective Oct. 1, 2014,
Comdisco applied the liquidation basis of accounting on a
prospective basis, and, as such, the results of operations under
liquidation basis of accounting are not comparable to the
historical results under a going concern basis.


COWLITZ TRIBAL: Moody's Assigns B3 Corporate Family Rating
----------------------------------------------------------
Moody's Investor Service assigned a B3 rating to Cowlitz Tribal
Gaming Authority's $485 million credit facility due 2020 comprised
of a $75 million 4.75-year senior secured priority revolver, 5-year
$330 million senior secured funded term loan B, and 5- year $80
million senior secured delayed draw term loan B. Moody's also
assigned a B3 Corporate Family Rating and B3-PD Probability of
Default Rating. The rating outlook is stable.

Proceeds of credit facility along with a $40 million FF&E facility
will be used to finance the development of Cowlitz Casino Resort
and repay a $66 million developer loan. Cowlitz Resort Casino will
be a Class III gaming facility located in La Center, Washington,
which is only about 25 miles from Portland, Oregon.

New Ratings Assigned:

Corporate Family Rating, at B3

Probability of Default Rating, at B3-PD

$75 million 4.75-year super priority revolver due 2020 (4.75
years), at B3 (LGD 3)

$330 million 5-year term loan B due 2020 (5 years), at B3 (LGD 4)

$80 million 5-year delayed draw term loan (5 years), at B3 (LGD
4)

RATINGS RATIONALE

The B3 Corporate Family Rating, a rating that Moody's typically
assigns to ground-up, debt-financed casino development projects,
reflects the ramp-up risk and single asset profile of Cowlitz. The
ratings also consider that there are several large casinos already
operating in what Moody's considers to be Cowlitz's secondary (as
opposed to primary) market area as well as the risks common to
Native American gaming issuers, including the uncertainty as to
enforceability of lender's claims in bankruptcy or liquidation.

Positive rating considerations include Cowlitz's close proximity to
Portland, Oregon. Cowlitz will be the closest casino to Portland, a
large, heavy populated metropolitan area. Although there are
several casinos located within a 150 mile distance from Portland,
there is currently only one casino within 100 miles. We expect
Portland will have win/per/unit stats comparable with other large
metropolitan areas including Detroit and Philadelphia.
Additionally, there is no legislation currently in the works for
commercial casinos in Oregon.

Cowlitz's ratings are also supported by the relatively low gaming
tax rate, at about 2%, that will benefit the casinos operating
margins, and based on Moody's current performance expectations,
will help make it possible for Cowlitz to achieve debt/EBITDA of
between 4.0 times and 4.5 times in its first full year of
operations. If initial ramp-up results suggest this targeted
leverage range will be achieved, Moody's expects to raise Cowlitz
Corporate Family Rating to B2.

The stable outlook is based on Moody's expectation that Cowlitz
will have sufficient funds to complete construction, including an
additional reserve that extends three months beyond the
construction period and the appropriate level of contingencies
reserves typically provided for this type of development project.
The stable outlook does not anticipate any material adverse impact
from on-going litigation regarding the Cowlitz's land-into-trust
status.

Ratings improvement is not expected during the construction period.
However, once construction is complete, Cowlitz's ratings can
improve shortly after it opens if early results suggest that it can
achieve and maintain debt/EBITDA in its first full year of
operation in the range of 4.0 to 4.5 times.

Ratings could be lowered if the project experiences significant
cost over-runs or construction delays, and/or the validity of the
land-in-trust status is called into question, resulting in
potential disruption to or the cessation of the casino's
development or operations. Beyond the construction period, ratings
could be downgraded if the ramp-up performance of Cowlitz's casino
is materially below Moody's stated expectations.

Cowlitz Tribal Gaming Authority is an entity owned by the Cowlitz
Indian Tribe which is developing a Class III gaming facility in La
Center, Washington, about 25 miles from Portland, Oregon. Cowlitz
has entered into a development agreement and management agreement
with Salishan-Mohegan LLC, a subsidiary of the Mohegan Tribal
Gaming Authority (B3 stable) to develop and manage the casino.


CRP-2 HOLDINGS: Panel Wants to Hire SugarFGH as Substitute Counsel
------------------------------------------------------------------
The Official Committee of Unsecured Creditors of CRP-2 Holdings AA
LP asks the Hon. Donald R. Cassling of the U.S. Bankruptcy Court
for the Northern District of Illinois for permission to employ
Sugar Felsenthal Grais & Hammer LLP as substitute counsel effective
as of Sept. 21, 2015.

The firm will:

     a) advise the Committee on all legal issues as they arise;

     b) prepare necessary applications, motions, memoranda, orders,
reports and other legal papers and filings on the Committee's
behalf;

     c) appear in Court and at statutory meetings of creditors as
representative of the interests of the Committee;

     d) review and analyze various motions filed with the Court;

     e) negotiate, formulate, draft, and confirm a chapter 11 plan
including related matters;

     f) investigate the Debtor's assets and pre-bankruptcy conduct,
and investigate the validity, priority and extent of any liens
asserted against the Debtor's assets;

     g) assist and advise the Committee in its administration; and

     h) perform other services customarily provided by counsel to a
creditors' committee in cases of this kind.

The firm says it agreed to a rate cap of $550 per hour for
professionals whose regular billing rates exceed $550 per hour.
The standard hourly rates for the 2015 calendar year of the firm
professionals expected to have primary responsibility for providing
services to the Committee, subject to the $550 per hour rate cap,
are:

   Professionals               Designation       Hourly Rate
   -------------               -----------       -----------
   Jonathan Friedland, Esq.    Senior Partner    $735
   Mark S. Melickian, Esq.     Partner           $635
   Michael A. Brandess, Esq.   Associate         $425
   Jack O’Connor, Esq.         Associate         $395

   Designation                                   Hourly Rate
   -----------                                   -----------
   Partners                                      $595-$735
   Associates                                    $395-$425
   Paralegal                                     $195-$245

Aaron L. Hammer, Esq., partner of the firm, assured 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:

   Aaron L. Hammer, Esq.
   Jonathan Friedland, Esq.
   Mark S. Melickian, Esq.
   Michael A. Brandess, Esq.
   Jack O'Connor, Esq.
   Sugar Felsenthal Grais & Hammer LLP
   30 N LaSalle St #3000
   Chicago, IL 60602
   Tel: (312-704-9400
   Fax: (312)-372-7951
   Email: ahammer@sugarfgh.com
          mmelickian@sugarfgh.com
          mbrandess@sugarfgh.com
          joconnor@sugarfgh.com
          jfriedland@sugarfgh.com

                             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.


DORAL FINANCIAL: Wants Until Dec. 31 to Propose Chapter 11 Plan
---------------------------------------------------------------
BankruptcyData reported that Doral Financial filed with the U.S.
Bankruptcy Court a motion to extend the exclusive period during
which the Company can file a Chapter 11 plan and solicit
acceptances until Dec. 31, 2015, and March 30, 2016, respectively.


The motion explains, "The Debtor and the official committee of
unsecured creditors have also made substantial progress regarding
the best approach to a chapter 11 plan to maximize the Debtor's
value for creditors.  One key issue for a chapter 11 plan is the
best structure to maximize the Debtor's ability to monetize its tax
assets. As the Debtor has referenced in prior pleadings and at
various hearings, the Debtor has a large potential tax asset under
Puerto Rico tax law which dates back to the early 2000s.  The
Debtor and the UCC have devoted substantial time and effort to
investigating the potential asset and exploring available options
to unlock its value. The Debtor and the UCC have made substantial
progress in this regard, but more analysis is needed.  Further,
while the Debtor has continued to make substantial progress in the
case, including with respect to the liquidation of its assets, the
Debtor requires additional time to finalize the liquidation of
certain remaining assets and to complete negotiations regarding a
chapter 11 plan that will best maximize value for creditors."

                      About Doral Financial

Doral Financial Corporation is a holding company whose primary
operating asset was equity in Doral Bank.  DFC maintains offices
in New York City, Coral Gables, Florida and San Juan, Puerto Rico.
DFC has three wholly-owned subsidiaries: (i) Doral Properties,
Inc., (ii) Doral Insurance Agency, LLC ("Doral Insurance"), and
(iii) Doral Recovery, Inc.

On Feb. 27, 2015, regulators placed Doral Bank into receivership
and named the Federal Deposit  Insurance Corp. as receiver.  Doral
Bank served customers through 26 branches located in New York,
Florida, and Puerto Rico.

DFC sought Chapter 11 protection (Bankr. S.D.N.Y. Case No.
15-10573) in Manhattan on March 11, 2015.  The case is assigned to
Judge Shelley C. Chapman.

DFC estimated $50 million to $100 million in assets and $100
million to $500 million in debt as of the bankruptcy filing.

The Debtor tapped Ropes & Gray LLP as counsel.

The U.S. trustee overseeing the Chapter 11 case of Doral Financial
Corp. appointed five creditors of the company to serve on the
official committee of unsecured creditors.  The Committee is
represented by Brian D. Pfeiffer, Esq., and Taejin Kim, Esq., at
Schulte Roth & Zabel LLP.


ELBIT IMAGING: Announces Update to Unit's Acquisition of Loan
-------------------------------------------------------------
Elbit Imaging Ltd. announced that Plaza Centers N.V., an indirect
subsidiary of the Company, has received the consent of the
Hungarian National Bank to the transaction regarding a tender to
buy the loan in respect of the  Liberec Plaza shopping and
entertainment center in the Czech Republic.

                        About Elbit Imaging

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

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

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

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

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


ELBIT IMAGING: Disallows Electronic Voting for Director Election
----------------------------------------------------------------
In connection with the upcoming 2015 Annual General Meeting of
Shareholders of Elbit Imaging Ltd. scheduled for Monday, Oct. 19,
2015, shareholders registered in the Company's shareholders
register in Israel and shareholders who hold shares through members
of the Tel Aviv Stock Exchange will not be able to vote via the
electronic voting system of the Israeli Securities Authority with
respect to Item No. 2 on the 2015 Annual General Meeting's agenda
.

Votes previously submitted via the electronic voting system of the
Israeli Securities Authority with respect to Item No. 2 are not
valid.  Those shareholders may vote their shares with respect to
Item No. 2, either by attending the Meeting and voting their shares
in person, or by completing the published proxy card, signing and
dating it, and mailing it to the Company's office by registered
mail or by messenger.  Shareholders who hold shares through members
of the Tel Aviv Stock Exchange, must deliver to the Company, with
the signed and dated proxy card, a confirmation of ownership (ishur
baalut) issued by the applicable bank or broker, confirming their
ownership of the Shares as of the record date.  Shareholders may
access the proxy statement and the proxy card via the following Web
sites: http://magna.isa.gov.iland http://maya.tase.il.

Shareholders who hold shares through members of the Tel Aviv Stock
Exchange may use the electronic voting system for the purpose of
ownership confirmation (ishur baalut).

                         About Elbit Imaging

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

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

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

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

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


ELBIT IMAGING: FDA OKs Exablate System for Treatment in the USA
---------------------------------------------------------------
Elbit Imaging Ltd. said it was informed by InSightec Ltd. that the
United States Food and Drug Administration has approved InSightec's
next generation Exablate system to treat symptomatic uterine
fibroids and changed the labeling to allow consideration for women
who desire to maintain fertility.  The updated labeling specifies
that ablation of uterine fibroid tissue can now be considered for
women with symptomatic uterine fibroids, who desire to retain
fertility and spare their uterus.

InSightec estimates that such change in labeling provides younger
women suffering from symptomatic fibroids access to a new,
non-invasive treatment option that is safe, effective and keeps
their uterus intact without compromising their existing ability to
get pregnant.  The approval is based on accumulated, documented
clinical data on 118 patients' pregnancies post Exablate MRgFUS
treatments.

FDA approval of INSIGHTEC's next generation Exablate system offers
treating physicians a more advanced technology.

The Company holds approximately 82.7% of the share capital of Elbit
Medical Technologies Ltd. (on a fully diluted basis) which, in
turn, holds approximately 29.6% of the share capital in InSightec
(on a fully diluted basis).

                        About Elbit Imaging

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

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

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

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

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


ENESCO GROUP: Ch. 7 Trustee's Settlement with US Gov't Enforced
---------------------------------------------------------------
Judge A. Benjamin Goldgar of the United States Bankruptcy Court for
the Northern District of Illinois, Eastern Division, granted the
motion filed by Chapter 7 trustee David R. Brown to enforce his
settlement agreement with the United States of America resolving an
adversary proceeding in Enesco Group Inc.'s bankruptcy case.

The Internal Revenue Service assessed a total of $360,000 in
mandatory penalties against Enesco for its failure to file required
Forms 5471 while its case was a Chapter 11 case.  Brown paid the
penalties out of estate funds.

In February 2011, Brown filed a single-count adversary complaint
for damages against eight of Enesco's former officers and
directors, alleging that they had breached their fiduciary duties
in failing to file the Forms 5471.  He later added breach of
contract and professional malpractice claims against Enesco's
counsel Shaw Gussis Fishman Glantz Wolfson & Towbin, LLC and
accountants Deloitte Tax LLP.  Brown also sought a refund of the
penalties from the United States.

In late 2014, Brown and the defendants reached a global settlement
of the many claims asserted among them.  The settlement stated that
in exchange for specified payments to Brown, he would dismiss the
adversary proceeding, and the parties would (with limited
exceptions) release their claims against each other.  In November
2014, Brown moved in the bankruptcy case to have the court approve
the settlement which called for "an immediate cash payment" and
required the defendants to "pay the Bankruptcy Estate the total sum
of $250,000."  The settlement was approved on December 1, 2014.

In late January 2015, counsel for the United States notified
Brown's counsel that the IRS had elected to give Enesco a $50,000
credit, setting off that amount against Enesco's outstanding tax
liabilities rather than paying $50,000 to Brown.  Brown moved to
enforce the settlement agreement, arguing that it called for cash
payment, not tax credit.

In granting Brown's motion, Judge Goldgar found that the
unambiguous terms of the settlement agreement showed that the
United States committed to make a monetary payment of $50,000 to
Brown, not give a credit against past tax liabilities.

The case is In re: ENESCO GROUP, INC., Chapter 7, Debtor, NO. 07 B
565 (Bankr. N.D. Ill.).

A full-text copy of Judge Goldgar's September 2, 2015 memorandum
opinion is available at http://is.gd/bRIeNffrom Leagle.com.

Enesco Group, Inc. is represented by:

          Patrick A Clisham, Esq.
          SHAW GUSSIS FISHMAN GLANTZ WOLFSON
          321 North Clark Street Suite 800
          Chicago, IL 60610
          Tel: (312) 541-0151
          Fax: (312) 980-3888

            -- and --

          Allen J Guon, Esq.
          Brian L Shaw, Esq.
          SHAW FISHMAN GLANTZ & TOWBIN LLC
          321 N Clark Street, Suite 800
          Chicago IL 60654
          Tel: (312) 541-0151
          Fax: (312) 980-3888
          Email: aguon@shawfishman.com
          bshaw@shawfishman.com

            -- and --

          Douglas J. Lipke, Esq.
          VEDDER PRICE
          222 North LaSalle Street
          Chicago, IL 60601
          Tel: (312) 609-7500
          Fax: (312) 609-5005
          Email: dlipke@vedderprice.com

            -- and --

          Felicia Gerber Perlman, Esq.
          Stephen D Williamson, Esq.
          SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
          155 N. Wacker Drive
          Chicago, IL 60606
          Tel: (312) 407-0700
          Fax: (312) 407-0411
          Email: felicia.perlman@skadden.com

David R Brown is represented by:

          Meredith S Fox, Esq.
          Thomas E Springer, Esq.
          SPRINGER BROWN, LLC
          The Wheaton Executive Center
          400 S. County Farm Rd. Suite 330
          Wheaton, IL 60187
          Tel: (630) 510-0000
          Fax: (630) 510-0004
          Email: tspringer@springerbrown.com

            -- and --

          Timothy M McLean, Esq.
          CLINGEN CALLOW & MCLEAN
          2300 Cabot Drive, Suite 500
          Lisle, IL 60532
          Tel: (630) 871-2600
          Fax: (630) 871-9869
          Email: mclean@ccmlawyer.com

            -- and --

          Arthur W Rummler, Esq.
          LAW OFFICES OF ARTHUR W. RUMMLER
          799 Roosevelt Road, Building 2, Suite 104
          Glen Ellyn, IL 60137
          Tel: (630) 229-2313

Patrick S Layng, U.S. Trustee is represented by:

          Kathryn Gleason, Esq.
          Office of the U. S. Trustee
          219 S. Dearbon Street Room 873
          Chicago, IL 60604
          Tel: (312) 886-5785
          Fax: (312) 886-5794

Official Committee of Unsecured Creditors of Enesco Group, et al.
is represented by:

          Brad Berish, Esq.
          ADELMAN & GETTLEMAN, LTD.
          53 W. Jackson Blvd., Suite 1050
          Chicago, IL 60604
          Tel: (312) 435-1050
          Fax: (312) 435-1059
          Email: bberish@ag-ltd.com

            -- and --

          Nancy A Peterman, Esq.
          GREENBERG TRAURIG, LLP
          77 West Wacker Drive Suite 3100
          Chicago, IL 60601
          Tel: (312) 456-8400
          Fax: (312) 456-8435
          Email: petermann@gtlaw.com

                  About Enesco Group

Based in Itasca, Illinois, Enesco Group, Inc. --
http://www.enesco.com/-- was a producer of giftware, and home   
and garden decor products.  Enesco's product lines included some
of the world's most recognizable brands, including Disney,
Heartwood Creek, Nickelodeon, Cherished Teddies, Lilliput Lane,
Border Fine Arts, among others.

Enesco distributed products to a wide array of specialty gift
retailers, home decor boutiques and direct mail retailers, as
well as mass-market chains.  The company served markets
operating in Europe, particularly in the United Kingdom and
France, as well in the Asia Pacific in Australia and Hong Kong.
The company also has Latin-American operations in Mexico.

Enesco Group and its two affiliates, Enesco International Ltd.
and Gregg Manufacturing, Inc., filed for chapter 11 protection
on Jan. 12, 2007 (Bankr. N.D. Ill. Lead Case No. 07-00565).
Shaw Gussis Fishman Glantz Wolfson & Tow and Skadden, Arps,
Slate, Meagher & Flom LLP, represented the Debtors.  Epiq
Bankruptcy Solutions, LLC, served as the Debtors' claims and
noticing agent.

Brad Berish, Esq., at Adelman & Gettleman, Ltd., and Nancy A.
Peterman, Esq., at Greenberg Traurig LLP, represented the Official
Committee of Unsecured Creditors as bankruptcy counsel.

In its schedules, Enesco disclosed total assets of $61,879,068 and
total debts of $231,510,180.

In August 2008, Judge Goldgar converted the chapter 11 case of
Enesco Group and its affiliates to a chapter 7 liquidation
proceeding at the behest of the U.S. Trustee for Region 11.  David
R. Brown was named the chapter 7 trustee to oversee the Debtors'
liquidation.


EPWORTH VILLA: Wants Exclusive Periods Extended Until Oct. 14
-------------------------------------------------------------
Central Oklahoma United Methodist Retirement Facility, Inc., d/b/a
Epworth Villa, asks the United States Bankruptcy Court for the
Western District of Oklahoma, for the fourth time, to extend its
exclusive periods to and including October 14, 2015.

The Debtor explained that the requested extension of the Exclusive
Period is necessary to allow it to obtain approval of the
Disclosure Statement so that the Modified Plan may be submitted to
creditors for their vote on acceptance, and to the Court for
confirmation.

G. Blaine Schwabe, III, Esq. at GableGotwals, in Oklahoma City,
Oklahoma, relates that Homeland Insurance has filed a motion to
appoint an examiner pursuant to Section 1104(c) of the Bankruptcy
Code to which Holden & Carr have responded in support.  Epworth
Villa and creditors, who are the stakeholders in the outcome of the
case, are expected to oppose appointment of an examiner.  Mr.
Schwabe says the estate can afford neither the time nor the
monetary cost of such an appointment, as mere consideration of
examiner appointment delays progress towards plan confirmation and
conclusion of the case.

Because the relief requested in the Joint Compromise Motion is
approval of the settlement resulting from the court-ordered
mediation before Judge Clark, and that settlement includes (a)
revision of the Modified Plan, (b) withdrawal of Hicks' and the
Indenture Trustee's objections to approval of the Disclosure
Statement, and (c) support of Epworth Villa's request for
confirmation of the revised Modified Plan, all creditors in this
case await the Court's ruling so that Epworth Villa may submit its
reorganization plan for a creditor vote, Mr. Schwabe says.

Central Oklahoma United Methodist Retirement Facility, Inc., d/b/a
Epworth Villa is represented by:

          G. Blaine Schwabe, III, Esq.
          Elizabeth F. Cooper, Esq.
          GABLEGOTWALS
          One Leadership Square, 15th Floor
          211 North Robinson
          Oklahoma City, OK 73102-7101
          Tel: (405) 235-5500
          Fax: (405) 235-2875
          Email: gschwabe@gablelaw.com
                 ecooper@gablelaw.com

             -- and --

          Sidney K. Swinson, Esq.
          Mark D.G. Sanders, Esq.
          Brandon C. Bickle, Esq.
          GABLEGOTWALS
          1100 ONEOK Plaza
          100 West Fifth Street
          Tulsa, OK 74103
          Tel: (918) 595-4800
          Fax: (918) 595-4990
          Email: sswinson@gablelaw.com
                 msanders@gablelaw.com
                 bbickle@gablelaw.com

                           About Central Oklahoma United Methodist

Formed in 1986 and affiliated with the Oklahoma Conference of the
United Methodist Church, Central Oklahoma United Methodist
Retirement Facility, Inc., is a not-for-profit corporation that
owns Epworth Villa, a continuing care retirement community for
persons age 62 and older, located at 14901 N. Pennsylvania Avenue,
Oklahoma City, Oklahoma.  Presently, Epworth Villa includes 264
independent living units (cottages and apartment homes), 118
assisted living units with maximum capacity of 130 beds, and 87
nursing care beds.  The corporation's sole member is Epworth
Living, Inc.

Epworth Villa is currently undergoing a renovation and expansion
project that is projected to be completed in early summer of 2015.

The construction, renovation and expansion of its facilities are
financed through revenue bonds under the bond indenture from the
Oklahoma County Finance Authority to BancFirst, as indenture
trustee.  Those obligations, in the aggregate principal Petition
Date amount of $87,835,000, are secured by a mortgage and security
interest in the Facility and other assets of Epworth Villa's
estate.

Epworth Villa sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Okla. Case No. 14-12995) on July 18, 2014.

The Chapter 11 case has been reassigned to Judge Tom R. Cornish,
according to an April 15, 2015 order.

The Debtor tapped Gable & Gotwals, P.C., in Oklahoma City,
Oklahoma, as general bankruptcy counsel.

In amended schedules, the Debtor disclosed total assets of
$117,659,919 and total liabilities of $108,037,034 as of the
Chapter 11 filing.

On Aug. 13, 2014, the Office of the United States Trustee appointed
E. Marissa Lane as the Patient Care Ombudsman in this case.


ERIC'S FOREIGN: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Eric's Foreign/American Auto Repair, Inc.
        2650 Stickney Point Road
        Sarasota, FL 34231

Case No.: 15-10250

Chapter 11 Petition Date: October 8, 2015

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

Debtor's Counsel: Timothy W Gensmer, Esq.
                  TIMOTHY W GENSMER, PA
                  2831 Ringling Blvd, Suite 202-A
                  Sarasota, FL 34237
                  Tel: 941-952-9377
                  Fax: 941-954-5605
                  Email: timgensmer@aol.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Erich Szalay, shareholder.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/flmb15-10250.pdf


FELD FAMILY: Court Enters Final Decree Closing Bankruptcy Case
--------------------------------------------------------------
Feld Family Associates, LLC, sought and obtained from Judge Steven
Raslavich of the U.S. Bankruptcy Court for the Eastern District of
Pennsylvania a final decree closing its bankruptcy case.

The Debtor relates that the order confirming its Plan has become
final, the effective date of the Plan has occurred, and all of the
assets in the Debtor's bankruptcy estate has been transferred in
accordance with the plan sale or otherwise revested in the
reorganized Debtor.  The Debtor further relates that all
outstanding claims, motions, contested matters, and adversary
proceedings have been resolved by the Court and its bankruptcy case
has been fully administered.  The Debtor adds that all
post-confirmation reports have been filed.

The Debtor asserts that cause exists to close the Debtor's
bankruptcy case in order to avoid any future administrative
obligations, such as the ongoing filing of post-confirmation
operating reports and the continued accrual of fees to the Office
of the United States Trustee, when no substantive activity remains
to be accomplished in the Debtor's bankruptcy case.

Field Family Associates is represented by:

          Lawrence G. McMichael, Esq.
          Peter C. Hughes, Esq.
          Catherine G. Pappas, Esq.
          DILWORTH PAXSON LLP
          1500 Market St., Suite 3500E
          Philadelphia, PA 19102
          Telephone: (215)575-7000
          Facsimile: (215)575-7200
          E-mail: lmcmichael@dilworthlaw.com
                  phughes@dilworthlaw.com
                  cpappas@dilworthlaw.com

                   About Field Family Associates

Five creditors filed an involuntary Chapter 11 bankruptcy petition
against King of Prussia, Pa.-based Field Family Associates, LLC
(Bankr. E.D. Pa. Case No. 12-16331) on July 2, 2012.  On Sept. 6,
2012, a sixth creditor filed a Joinder in the involuntary Chapter
11 Petition.  The Court entered an order for relief on Sept. 12,
2012.  The Debtor owns and operates a 216-room hotel located at
144-10 135th Street, in Jamaica, New York.

Judge Stephen Raslavich presides over the case.  Catherine G.
Pappas, Esq., Lawrence G. McMichael, Esq., and Peter C. Hughes,
Esq., at Dilworth Paxson LLP, in Philadelphia, Pa., represent the
Alleged Debtor as counsel.  Ashely M. Chan, Esq., at Hangley
Aronchick Segal & Pudlin, in Philadelphia, Pa., represents the
petitioning creditors as counsel.

The U.S. Trustee appointed a three-member creditors committee.
Hangley Aronchick Segal Pudline & Schiller represents the
Committee.

Field Family Associates, LLC, won confirmation of its Third
Amended Plan of Reorganization as modified March 25.  The Third
Amended Plan revised the mechanics of the sale transaction
contemplated in the prior Plan.  Through the Third Amended Plan,
the Debtor restructured the sale transaction to provide for a sale
of equity instead of a traditional real estate sale.



FLORIDA ENGINEERED: Tax Court Says Shareholders Still Owe Debts
---------------------------------------------------------------
Eric Kroh at Bankruptcy Law360 reported that the U.S. Tax Court on
Oct. 6, 2015, said it had agreed to reconsider an earlier opinion
finding that shareholders in a defunct construction company were on
the hook for their share of $5 million of the company's debts, but
did not alter its prior conclusions.

William Kardash and Charles Robb, who held interests in Florida
Engineered Construction Products Corp., asked the panel to revisit
its earlier decision because it involved a substantial error
relating to the company's solvency.


FREEDOM INDUSTRIES: Gets Court Approval of Reorganization Plan
--------------------------------------------------------------
Jonathan Randles at Bankruptcy Law360 reported that the company
responsible for a massive chemical spill that contaminated drinking
water in West Virginia got a bankruptcy judge to sign off on Oct.
6, 2015, on a reorganization plan which will divvy up about $6.1
million to compensate creditors and victims and help fund
remediation efforts.

Freedom Industries' reorganization plan was approved by U.S.
Bankruptcy Judge Ronald Pearson 10 months after the business filed
for Chapter 11 under the weight of litigation and government
scrutiny after a chemical used in coal production spilled into the
Elk River.

                      About Freedom Industries

Freedom Industries Inc. is engaged principally in the business of
producing specialty chemicals for the mining, steel and cement
industries.  The Debtor operates two production facilities located
in (a) Nitro, West Virginia; and (b) Charleston, West Virginia.

The company, connected to a chemical spill that tainted the water
supply in West Virginia, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. W.Va. Case No. 14-bk-20017) on Jan.
17, 2014.  The case is assigned to Judge Ronald G. Pearson.
The petition was signed by Gary Southern, president.

The Debtor is represented by Mark E Freedlander, Esq., at McGuire
Woods LLP, in Pittsburgh, Pennsylvania; and Stephen L. Thompson,
Esq., at Barth & Thompson, in Charleston, West Virginia.

On Dec. 31, 2013, four companies merged under the umbrella of
Freedom Industries: Freedom Industries Inc., Etowah River Terminal
LLC, Poca Blending LLC and Crete Technologies LLC.

As reported in the Troubled Company Reporter on Feb. 20, 2014,
Kate White, writing for The Charleston Gazette, reported that the
Debtor disclosed $16 million in assets and $6 million in
liabilities when it filed for bankruptcy.

On Feb. 5, 2014, the U.S. Trustee appointed an official committee
of unsecured creditors.  The Committee retained Frost Brown Todd
LLC as counsel.

On March 18, 2014, the Bankruptcy Court approved the hiring of
Mark Welch at Morris Anderson in Chicago as Freedom's chief
restructuring officer.



GEO V HAMILTON INC: 10 Law Firms with Largest Asbestos Claimants
----------------------------------------------------------------
Geo V. Hamilton, Inc., filed with the Bankruptcy Court a list of
the 10 law firms that represent clients with, collectively, the
largest number of asbestos claims:

1. Goldberg, Persky, & White, P.C.
   1030 Fifth Ave.
   Pittsburgh, PA 15219
   Bruce Mattock
   Tel: (412) 471-3980

2. Savinis, D'Amico, & Kane
   707 Grant Street, Suite 3626, Gulf Tower
   Pittsburgh, PA 15219
   Janice M. Savinis
   Tel: (412) 227-6556

3. Caroselli, Beachler, McTiernan &
   Coleman, L.L.C.
   20 Stanwix Street, Seventh Floor
   Pittsburgh, PA 15222
   William R. Caroselli
   Tel: (412) 391-9860

4. James F. Humphreys & Associates, L.C.
   10 Hale Street, Suite 400
   Charleston, WV 25301
   James F. Humphreys
   Tel: (304) 881-0652

5. Motley Rice LLC
   28 Bridgeside Blvd.
   Mt. Pleasant, SC 29464
   Joseph F. Rice
   Tel: (843) 216-9000

6. The Law Offices of Peter Angelos, P.C.
   100 North Charles Street
   Baltimore, MD 21201
   Peter G. Angelos
   Tel: (410) 649-2000

7. Kelley & Ferraro, LLP
   2200 Key Tower 12 Public Square
   Cleveland, OH 44114
   James L. Ferraro
   Tel: (216) 575-0777

8. Robert Peirce & Associates, P.C.
   707 Grant Street, Suite 2500
   Pittsburgh, PA 15219
   Robert N. Pierce, Jr.
   Tel: (412) 281-7229

9. Feldstein Grinberg Lang & McKee
   428 Boulevard of the Allies, Suite 600
   Pittsburgh, PA 15219
   Jay H. Feldstein
   Tel: (412) 471-0677

10. Bevan & Associates LPA, Inc.
    6555 Dean Memorial Parkway
    Boston Heights, OH 44236
    Thomas W. Bevan
    Tel: (234) 380-8506

                       About Geo. V. Hamilton

Formed in 1947, Geo. V. Hamilton, Inc. is based in McKees Rocks,
Pennsylvania, its home of nearly seventy years.  Hamilton is a
distributor of insulation products and an insulation contractor
serving a wide variety of industrial, energy and commercial
facilities in the Pittsburgh area and elsewhere.  

Hamilton filed a Chapter 11 bankruptcy petition (Bankr. W.D. Pa
Case No. 15-23704) on Oct. 8, 2015, for the purpose of resolving
all existing and future personal injury and wrongful death claims
arising from alleged exposure to asbestos-containing product
distributed or installed by Hamilton more than 40 years ago.

Judge Gregory L. Taddonio is assigned to the case.

The petition was signed by Joseph Linehan, the Company's general
counsel.

The Debtor has engaged Reed Smith LLP as counsel and Logan &
Company, Inc., as claims and noticing agent.



GEO V HAMILTON INC: Case Summary & 20 Top Unsecured Creditors
-------------------------------------------------------------
Debtor: Geo. V. Hamilton, Inc.
        6 River Road
        McKees Rocks, PA 15136

Case No.: 15-23704

Type of Business: Distributor of insulation products

Chapter 11 Petition Date: October 8, 2015

Court: United States Bankruptcy Court
       Western District of Pennsylvania (Pittsburgh)

Judge: Hon. Gregory L. Taddonio

Debtor's Counsel: Paul M. Singer, Esq.
                  Luke A. Sizemore, Esq.
                  Joseph D. Filloy, Esq.
                  REED SMITH LLP
                  Reed Smith Centre
                  225 Fifth Avenue, Suite 1200
                  Pittsburgh, PA 15222
                  Tel: (412) 288-3131
                  Fax: (412) 288-3063
                  Email: psinger@reedsmith.com
                         lsizemore@reedsmith.com
                         jfilloy@reedsmith.com

Debtor's          LOGAN & COMPANY, INC.
Claims
and Noticing
Agent:

Estimated Assets: $10 million to $50 million

Estimated Debts: $10 million to $50 million

The petition was signed by Joseph Linehan, general counsel.

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Willman & Silvaggio, LLP            Professional        $78,009
                                      Services

Solid Platforms Inc.                 Trade Debt         $10,835

Reilly, Janiczek, McDevitt,         Professional        $10,092
Henrich & Cholden P.C.                Services

BP Business Solutions                Fuel Cards          $8,615

United Rentals (North America), Inc.  Trade Debt         $6,001

Bridgeport Equipment                  Trade Debt         $4,540

Hoagland, Fitzgerald & Pranaitis    Professional         $3,878
                                      Services

US Safety Depot/HP Products           Trade Debt         $3,584

Ally                               Corporate Card        $3,147

Mobile Mini Inc.                       Trade Debt        $2,995

Premier Safety & Service               Trade Debt        $2,916

Sprint                                 Telephone         $2,685
                                        Service

Skyworks Equipment Rent                Trade Debt        $2,621

Modular Space Corp.                    Trade Debt        $1,966

Mercedes-Benz Financial Services         Lease           $1,808
USA LLC

The Lockard Company                    Corporate         $1,770
                                          Card

TALX UC Express                       Professional       $1,743
                                        Services

Hertz Equipment Rental                 Trade Debt        $1,671

Blueline Rental LLC                     Trade Debt       $1,567

Dex Media                             Professional       $1,470
                                        Services


GEO V HAMILTON INC: Hires Logan & Company as Claims Agent
---------------------------------------------------------
Geo. V. Hamilton, Inc., seeks permission from the Bankruptcy Court
to employ Logan & Company, Inc. as claims and noticing agent to,
among other things:

   (a) serve required notices in this Chapter 11 case;

   (b) maintain all proofs of claim and proofs of interests filed
       in this Chapter 11 case;

   (c) docket all Claims;

   (d) maintain and transmit to the Clerk the official Claims
       registers;

   (e) maintain current mailing lists of all entities that have
       filed Claims and notices of appearance;

   (f) provide the public access for examination to all
       Claims at its premises during regular business hours and
       without charge; and

   (g) record all transfers of Claims.

In addition, the Debtor seeks to have Logan appointed to
assist with the reconciliation and resolution of Claims; and (b)
the preparation of the Schedules of Assets and Liabilities and
Statements of Financial Affairs, as needed.

Logan & Company's consulting rates are:

    Senior Account Manager                   $257-$341 per hour
    Analyst and Project Manager              $162-$257 per hour
    Technology, Telecommunication            
      and Programming Specialist             $162-$189 per hour
    Clerical and Administrative Support        $57-$89 per hour

Prior to the Petition Date, the Debtor paid Logan a retainer of
$3,000.  Under the Services Agreement, the Retainer is to be a
security retainer held until payment of Logan's final invoice.

The Debtor requests that the fees and expenses of Logan incurred in
the performance of the services be treated as an administrative
expense of its chapter 11 estate and be paid in the ordinary course
of business without further application to the Court.

As part of the overall compensation payable to Logan under the
terms of the Services Agreement, the Debtor has agreed to certain
indemnification provisions contained in the Services Agreement.

Kathleen M. Logan, president of Logan & Company, Inc., assures the
Court that Logan is a "disinterested person" as that term is
defined in Section 101(14) of the Bankruptcy Code.

The Debtor has more than 2,000 potential creditors including
asbestos claimants.

                       About Geo. V. Hamilton

Formed in 1947, Geo. V. Hamilton, Inc. is based in McKees Rocks,
Pennsylvania, its home of nearly seventy years.  Hamilton is a
distributor of insulation products and an insulation contractor
serving a wide variety of industrial, energy and commercial
facilities in the Pittsburgh area and elsewhere.  

Hamilton filed a Chapter 11 bankruptcy petition (Bankr. W.D. Pa
Case No. 15-23704) on Oct. 8, 2015, for the purpose of resolving
all existing and future personal injury and wrongful death claims
arising from alleged exposure to asbestos-containing product
distributed or installed by Hamilton more than 40 years ago.

Judge Gregory L. Taddonio is assigned to the case.

The petition was signed by Joseph Linehan, the Company's general
counsel.

The Debtor has engaged Reed Smith LLP as counsel and Logan &
Company, Inc., as claims and noticing agent.



GEO V HAMILTON INC: In Chapter 11 to Resolve Asbestos Suits
-----------------------------------------------------------
Geo. V. Hamilton, Inc. sought Chapter 11 bankruptcy protection in
Pennsylvania to resolve all existing and future personal injury and
wrongful death claims arising from alleged exposure to
asbestos-containing products.  The filing is intended to facilitate
an orderly process for a fair and efficient resolution and payment
of the Asbestos Claims, the Company said.

For the past 30 years, the Debtor has been a defendant in
in thousands of personal injury lawsuits in which claimants seek
money damages, said Joseph E. Linehan, general counsel of the
Debtor.  Only approximately $8 million of insurance settlement
proceeds remain available to the Debtor to resolve Asbestos Claims,
he added.

"The volume of Asbestos Claims filed against the Debtor since 2005
coupled with the rapidly decreasing pool of available insurance
settlement proceeds has produced an overwhelming threat to the
Debtor's continued viability, despite its longstanding record of
operational success," Mr. Linehan said in papers filed with the
Court.

The Debtor intends to seek confirmation of a Chapter 11 plan of
reorganization that will provide for the establishment of an
asbestos personal injury trust into which certain assets of the
Debtor, including but not limited to insurance rights and
settlement proceeds, will be transferred.  The trust will assume
liability for all Asbestos Claims and use its assets to resolve the
Asbestos Claims and, if eligible, compensate the holders of the
Asbestos Claims.

In conjunction with the establishment of the asbestos personal
injury trust, the Debtor said it will seek the issuance of a
channeling injunction, which will enjoin any entity that holds or
asserts, or that may in the future hold or assert, an Asbestos
Claim from taking any action for the purpose of directly or
indirectly recovering on such Asbestos Claim from the Debtor and
certain other protected parties.  Accordingly, if the Debtor's plan
is confirmed, the sole recourse of any current or future holder of
an Asbestos Claim on account of such Asbestos Claim will be against
the asbestos personal injury trust.

The Debtor has total assets and liabilities of approximately $21.5

million and employs approximately 200 employees, Court papers
indicate.

As of the Petition Date, the Debtor estimates that less than
$250,000 is outstanding to its trade creditors.

Concurrently with the filing of its Chapter 11 petition, the Debtor
is seeking authority to use cash collateral, use existing cash
management system, pay obligations to employees, pay critical
vendor claims, and prohibit utility providers from discontinuing
services.

The Debtor is also asking Court permission to obtain a $4,500,000
debtor-in-possession financing to be provided by The Huntington
National Bank, its pre-petition secured lender.

                       About Geo. V. Hamilton

Formed in 1947, Geo. V. Hamilton, Inc. is based in McKees Rocks,
Pennsylvania, its home of nearly seventy years.  Hamilton is a
distributor of insulation products and an insulation contractor
serving a wide variety of industrial, energy and commercial
facilities in the Pittsburgh area and elsewhere.  

Hamilton filed a Chapter 11 bankruptcy petition (Bankr. W.D. Pa
Case No. 15-23704) on Oct. 8, 2015, for the purpose of resolving
all existing and future personal injury and wrongful death claims
arising from alleged exposure to asbestos-containing product
distributed or installed by Hamilton more than 40 years ago.

Judge Gregory L. Taddonio is assigned to the case.

The petition was signed by Joseph Linehan, the Company's general
counsel.

The Debtor has engaged Reed Smith LLP as counsel and Logan &
Company, Inc., as claims and noticing agent.



GEO V HAMILTON INC: Seeks Approval of $4.5-Mil. DIP Financing
-------------------------------------------------------------
Geo. V. Hamilton, Inc., is asking permission from the Bankruptcy
Court to obtain post-petition financing of up to $4,500,000 from
The Huntington National Bank and to use cash collateral of the
lender.  

The Debtor requests entry of an interim authorizing it to obtain
$1,500,000 on an interim basis.

The Debtor said it will use the proceeds of the DIP Facility for
corporate purposes and working capital support.

"The Debtor has an immediate need to obtain the DIP Facility and
use the Pre-Petition Collateral in order to permit, among other
things, the orderly continuation of the operation of its business,
to make payroll, and to satisfy other needs," says Paul M. Singer,
Esq., at Reed Smith LLP, counsel to the Debtor.  "The Debtor has a
workforce of more than 200 employees and approximately 200 open
projects for customers.  The DIP Facility is necessary to avoid a
disruption in business operations and preserve the value of the
estate while the Debtor formulates and seeks confirmation of a plan
of reorganization," he adds.

The outstanding loans and other obligations under the DIP Facility
will bear interest at the rate of the DIP Lender's prime rate plus
2% per annum.

As security for the DIP Obligations, security interests and liens
are granted to the DIP Lender pursuant to Sections 364(c) and (d)
of the Bankruptcy Code in and upon all of the Debtor's pre-petition
and post-petition real and personal property, and all proceeds
thereof.

The Debtor does not believe that it would be able to obtain
financing on better terms than those offered by Huntington Bank.

Huntington is the Debtor's prepetition secured lender.

                       About Geo. V. Hamilton

Formed in 1947, Geo. V. Hamilton, Inc. is based in McKees Rocks,
Pennsylvania, its home of nearly seventy years.  Hamilton is a
distributor of insulation products and an insulation contractor
serving a wide variety of industrial, energy and commercial
facilities in the Pittsburgh area and elsewhere.  

Hamilton filed a Chapter 11 bankruptcy petition (Bankr. W.D. Pa
Case No. 15-23704) on Oct. 8, 2015, for the purpose of resolving
all existing and future personal injury and wrongful death claims
arising from alleged exposure to asbestos-containing product
distributed or installed by Hamilton more than 40 years ago.

Judge Gregory L. Taddonio is assigned to the case.

The petition was signed by Joseph Linehan, the Company's general
counsel.

The Debtor has engaged Reed Smith LLP as counsel and Logan &
Company, Inc., as claims and noticing agent.



GUIDED THERAPEUTICS: David Musket Reports 4.3% Stake at Oct. 5
--------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, David B. Musket disclosed that as of Oct. 5, 2015, he
beneficially owned 6,214,027 shares of common stock of Guided
Therapeutics, Inc. which represents 4.33 percent based on
143,629,234 shares outstanding on Sept. 30, 2015.

ProMed Partners, LP also reported beneficial ownership of 2,036,835
common shares.  Mr. Musket is the managing member of ProMed Asset
Management, LLC, which is the General Partner of ProMed Partners.

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

                        http://is.gd/tx74zz

                      About Guided Therapeutics

Guided Therapeutics, Inc. (OTC BB and OTC QB: GTHP)
-- http://www.guidedinc.com/-- is developing a rapid and painless
test for the early detection of disease that leads to cervical
cancer.  The technology is designed to provide an objective result
at the point of care, thereby improving the management of cervical
disease.  Unlike Pap and HPV tests, the device does not require a
painful tissue sample and results are known immediately.  GT has
also entered into a partnership with Konica Minolta Opto to
develop a non-invasive test for Barrett's Esophagus using the
LightTouch technology platform.

For the year ended Dec. 31, 2014, the Company reported a net loss
attributable to common stockholders of $10.03 million on $65,000 of
contract and grant revenue compared to a net loss attributable to
common stockholders of $10.39 million on $820,000 of contract and
grant revenue in 2013.

As of June 30, 2015, the Company had $4 million in total assets,
$6.7 million in total liabilities and a stockholders' deficit of
$2.7 million.


HANLIN GROUP: Mallinckrodt to Fund River's Mercury Clean Up
-----------------------------------------------------------
A study panel of scientists who specialize in mercury and
contaminated ecosystems have researched for the past decade under
the aegis of the United States District Court for the District of
Maine, on the mercury contamination in the Penobscot River caused
by Mallinckrodt LLC.

After the Study Panel presented the Court with Phase II of its
report, the Court held a bench trial in June 2014 for nearly a
month and heard extensive witness testimony justifying and
critiquing the Study Panel's report.  The parties submitted
voluminous exhibits, filed post-trial briefs, and orally argued.
Having reviewed evidence and evaluated the arguments, the Court
orders the appointment of an engineering firm, knowledgeable in
mercury cleanup, to be recommended by the parties and selected by
the Court to develop cost-effective and effective remedies to clean
up the remaining mercury in the Penobscot River.  Once the
engineering firm completes its report, the Court will evaluate its
contents, allow the parties to object to its recommendations, and
resolve any disputes about the proposal and its implementation.
The Court orders that Mallinckrodt fund the project to achieve
these ends.

From December 9, 1967 through April 30, 1982, Mallinckrodt or one
of its affiliates owned and operated a chlor-alkali plant in
Orrington, Maine, on a 240-acre site.  Between 1982 and 1994, the
plant was owned and operated by Hanlin Group, Inc., (d/b/a LCP
Chemicals and Plastics, Inc.).  Hanlin and its related companies
filed a Chapter 11 bankruptcy petition in 1991.  HoltraChem
Manufacturing Company, LLC, owned and operated the plant from 1994
until it closed the plant in September 2000.

The case is Maine People's Alliance and Natural Resources Defense
Council, Inc., Plaintiffs, V. Holtrachem Manufacturing Company,
LLC, and Mallinckrodt Inc., Defendants, No. 1:00-CV-00069-JAW (D.
Maine).

A full-text copy of the September 2, 2015 order penned by U.S.
District Judge John A. Woodcock, Jr.,is available at
http://is.gd/E8b34Hfrom Leagle.com.

Plaintiff is represented by:

         Mitchell S. Bernard, Esq.
         Aaron S. Colangelo, Esq.
         Nancy S. Marks, Esq.
         Corinne Schiff, Esq.
         NATURAL RESOURCES DEFENSE COUNCIL INC.

            -- and --

         Eric J. Uhl, Esq.
         LITTLER MENDELSON, PC
         One Monument Square, Suite 600
         Portland, ME 04101
         Phone: (207) 774-6001
         Fax: (207) 775-6407
         Email: euhl@littler.com

Defendant is represented by:

         Jeffrey D. Talbert, Esq.
         Jonathan S. Piper, Esq.
         David B. Van Slyke, Esq.
         Sigmund D. Schutz, Esq.
         PRETI, FLAHERTY, BELIVEAU, & PACHIOS, LLP
         One City Center
         Portland, ME 04101
         Tel: 207.791.3000
         Fax: 207.791.3111
         Email: jtalbert@preti.com
                jpiper@preti.com
                dvanslyke@preti.com
          sschutz@preti.com


HERCULES OFFSHORE: Steering Group Appeals Removal of Exculpation
----------------------------------------------------------------
The steering group of holders of Senior Notes issued by Hercules
Offshore, Inc., has taken an appeal under 28 U.S.C. Sec. 158(a)
from the Delaware Bankruptcy Court's Order approving the Debtors'
Solicitation and Disclosure Statement for, and Confirming, the
Debtors' Joint Prepackaged Plan of Reorganization Pursuant to
Chapter 11 of the Bankruptcy Code entered on Sept. 24, 2015.

The Steering Group appeals "solely to the extent that the Order
sustains the Objection of the Acting United States Trustee, dated
September 16, 2015, and modifies the Plan and the [Proposed] Order
Approving the Debtors' Solicitation and Disclosure Statement for,
and Confirming, the Debtors' Joint Prepackaged Plan of
Reorganization Pursuant to Chapter 11 of the Bankruptcy Code by
removing the exculpation of the Steering Group Members and their
respective current and former officers, directors, professionals,
advisors, accountants, attorneys, investment bankers, consultants,
employees, agents and other representatives from liability for
certain Restructuring-Related Actions."

In its Plan objection, the Office of the U.S. Trustee reminded the
Court that Washington Mutual and other similar precedent
establishes a blanket rule that the scope of plan exculpation
provisions must be limited to estate fiduciaries.  (citing In re
Washington Mutual, Inc., 442 B.R. 314, 350-51 (Bankr. D. Del.
2011); In re Tribune Co., 464 B.R. 126, 189 (Bankr. D. Del. 2011);
In re PWS Holding Corp., 228 F.3d 224, 246 (3d Cir. 2000); In re
PTL Holdings LLC, 2011 WL 5509031 (Bankr. D. Del. Nov. 10, 2011);
and In re Indianapolis Downs, LLC, 486 B.R. 286, 306 (Bankr. D.
Del. 2013)).  The U.S. Trustee said the exculpation provision
contained in the Plan is inappropriate because it applies to the
Steering Group Parties, who are not estate fiduciaries.

The Steering Group, however, argued -- to no avail -- that the
facts and circumstances of Hercules Offshore's chapter 11 cases
provide the prototypical example of a situation where exculpation
of non-estate fiduciaries is warranted.  The group pointed out that
its members -- who collectively hold more than 75% of the Senior
Notes and who are parties to the Restructuring Support Agreement
that has facilitated the Debtors' restructuring process -- have
made substantial contributions to the chapter 11 cases for the
benefit of all stakeholders that have been crucial to the Debtors'
successful consensual and expeditious reorganization, and there is
no indication that any of the Debtors' creditors or equity holders
believes that the exculpation of the Steering Group Parties
contemplated by the Plan is inappropriate.

Under the Plan, the holders of Senior Notes (including the members
of the Steering Group) are forgoing their right to distributions to
which they otherwise would be entitled for the benefit of other
stakeholders.  The Group pointed out that every single creditor
will receive payment in full, in cash, on its claim, except for
holders of Senior Notes, who are receiving 96.9% of the New HERO
Equity Interests -- a treatment that will provide holders of Senior
Notes with an estimated recovery of only 41% (according to the
Plan) on account of their $1.2 billion in claims. In addition,
despite the fact that holders of HERO Equity Interests are
substantially out of the money by more than $500 million and not
entitled to any distribution, the Plan provides that they will
receive 3.1% of the New HERO Equity Interests and the New HERO
Warrants, subject to certain conditions.

"Absent the Steering Group's agreement to give up value for the
benefit of other stakeholders, the treatment afforded to other
creditors and holders of HERO Equity Interests under the Plan would
not have been possible," the Group pointed out in its response to
the U.S. Trustee's plan objection.

The Group also cited the case of FAH Liquidating Corporation,
formerly Fisker Automotive Holdings, wherein the Court approved
exculpation provisions in favor of (i) the purchaser of
substantially all of the debtors' assets and (ii) the debtors'
secured lender, contained in a plan of liquidation, over the
objection of the U.S. Trustee.  In doing so, the Court explained
that exculpation of the asset purchaser and the secured lender was
"appropriate and . . . permissible" under the "particular
circumstances" of the debtors' chapter 11 cases, including a "very
significant contribution" by such parties that (i) benefited
unsecured creditors and warranty holders and (ii) helped minimize
the expense of the debtors' chapter 11 cases. The Fisker Court
further stated that declining to approve the exculpation provisions
in favor of such parties would "not give recognition to all of the
benefits that the debtors' estates have received" as a result of
their actions in the debtors' chapter 11 cases.  In re FAH
Liquidating Corp. (f/k/a Fisker Automotive Holdings, Inc.), No.
13-13087 (KG) (Bankr. D. Del. July 28, 2014), Hr'g. Tr. at 26:20 -
28:8.4

In a Form 8-K filing with the Securities and Exchange Commission,
Hercules Offshore said that "although an appeal limited to a single
issue has been filed, the order confirming the Plan becomes final
and cannot be further appealed as of October 8, 2015."

The Debtors said they plan to emerge from Chapter 11 after
satisfying the remaining conditions to effectiveness contemplated
under the Plan.

As reported by the Troubled Company Reporter, the Debtors on the
Petition Date filed a pre-packaged Chapter 11 plan that would
convert $1.2 billion of outstanding senior notes to 96.9% of new
common equity.  Under the Plan, the Debtors also will raise $450
million of new capital and provide an opportunity for existing
equity holders to receive a distribution if they do not opt out of
the releases under the Plan.  Holders of Allowed General Unsecured
Claims have been and will continue to be paid in the ordinary
course of business in accordance with ordinary course terms under
the Plan subject to any non-bankruptcy rights or defenses the
Debtors may have to all or any portion of the Claims.  Effectively,
the Plan will reinstate General Unsecured Claims and leave them
unimpaired.

The confirmation order was issued by U.S. Bankruptcy Judge Kevin
Carey.

According to a prior TCR report, Hercules Offshore received interim
approval from the bankruptcy judge to pay its creditors up to $5
million.  The company owes a total of $7.62 million, including
$2.235 million to foreign creditors when it filed for bankruptcy
protection, court filings show.

As of Aug. 13, 2015, Hercules Offshore has approximately $81
million in cash on hand which, the company said, will provide
"ample liquidity" for payment of the claims.

A copy of the Confirmation Order is available at no extra charge at
http://is.gd/qMP5s9

The Steering Group is represented in the case by:

     Karen B. Skomorucha Owens, Esq.
     Stacy L. Newman, Esq.
     ASHBY & GEDDES, P.A.
     500 Delaware Avenue, 8th Floor
     P.O. Box 1150
     Wilmington, DE 19899
     Telephone: (302) 654-1888
     Facsimile: (302) 654-2067
     Email: kowens@ashby-geddes.com
            snewman@ashby-geddes.com

          - and -

     Michael S. Stamer, Esq.
     Arik Preis, Esq.
     AKIN GUMP STRAUSS HAUER & FELD LLP
     One Bryant Park
     Bank of America Tower
     New York, NY 10036-6745
     Telephone: (212) 872-1000
     Facsimile: (212) 872-1002
     Email: mstamer@akingump.com
            apreis@akingump.com

          - and -

     Kevin M. Eide, Esq.
     AKIN GUMP STRAUSS HAUER & FELD LLP
     Robert S. Strauss Building
     1333 New Hampshire Avenue, N.W.
     Washington, DC 20036-1564
     Telephone: (202) 887-4000
     Facsimile: (202) 887-4288
     Email: keide@akingump.com

                      About Hercules Offshore

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

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

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

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

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


HOLY HILL: Full-Payment Plan Has Nov. 5 Confirmation Hearing
------------------------------------------------------------
Richard J. Laski, the Chapter 11 trustee of Holy Hill Community
Church, is slated to seek confirmation of his proposed
reorganization plan for Holy Hill on Nov. 5, 2015 at 10:00 a.m.
Objections to confirmation of the Plan are due Oct. 15, 2015.

The proposed plan provides for, among other things:

  (a) reorganizing the Debtor's operations while maintaining the
Debtor's status as California non-profit religious corporation;

  (b) amending as necessary the Debtor's Articles of Incorporation
and Bylaws consistent with this Plan to provide, inter alia, that
the Chapter 11 Trustee will be appointed as the sole principal and
authorized fiduciary of the Reorganized Debtor with the Bankruptcy
Court maintaining sole jurisdiction over the implementation and
interpretation of the Plan and the Confirmation Order and oversight
of the Reorganized Debtor until entry of a final decree;

  (c) payment to those holding allowed claims, and

  (d) to the extent there is sufficient excess cash, purchasing one
or more new churches by the Reorganized Debtor for the benefit of
the Debtors' ruling elders or factions.

The Reorganized Debtor will reserve a sufficient amount of the net
sale proceeds for any potential tax consequences under the Plan.

Under the Plan, the three classes of creditors -- secured claims
(Class 1A through 1J), non-tax priority claims (Class 2), and
general unsecured claims (Class 3) are not impaired under the Plan
and will be deemed to have accepted the Plan.  Allowed claims will
be paid in full on or before 30 days of the effective date of the
Plan.

There are no interest holders in the Debtor since the Debtor is
non-profit religious corporation.  There are, however, various
purported factions that assert they are the ruling elders of the
Debtor.  The Reorganized Debtor, by and through the Principal, will
assist in mediating the disputes between the factions towards a
settlement or, if such mediation efforts are unsuccessful, a final
decision from the Bankruptcy Court.

The Chapter 11 Trustee filed its Chapter 11 Plan of Reorganization
on Aug. 31, 2015.  The Debtor filed an Amended Plan on Sept. 10.

The Trustee did not file an explanatory disclosure statement.
Because no creditor is impaired under the Plan, the Trustee said
there is no reason to circulate a disclosure statement to creditors
because there is no need to solicit votes for or against the Plan.


A copy of the Amended Plan is available for free at:

      http://bankrupt.com/misc/Holy_Hill_331_Am_Plan.pdf

                          About Holy Hill

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

Judge Julia W. Brand presides over the case.

John Jenchun Suh, the pastor and CEO of the church, signed the
bankruptcy petition.  W. Dan Lee of the Lee Law Offices, in Los
Angeles, serves as counsel to the Debtor.  

Various parties, including the U.S. Trustee, filed motions to
appoint a Chapter 11 trustee or, alternatively, convert the case to
one under Chapter 7.  The motion to appoint a Chapter 11 trustee
was granted and Richard J. Laski was appointed to serve as Chapter
11 trustee on June 30, 2014.  The Trustee has tapped Arent Fox LLP
to serve as his bankruptcy counsel, and Wilshire Partners of CA,
LLC, as accountant.



HOLY HILL: Wilshire, 1111 Sunset Insist Plan Impairs Their Claims
-----------------------------------------------------------------
Richard J. Laski, the Chapter 11 trustee of Holy Hill Community
Church, is seeking an order confirming that there is no class
impaired under his proposed Chapter 11 plan for the Debtor, and
therefore no disclosure statement is required.

Because no creditor is impaired under the Plan, the Trustee said
there is no reason to circulate a disclosure statement to creditors
because there is no need to solicit votes for or against the Plan.

Two groups of creditors, namely, (i) secured creditor Wilshire
Escrow Company, and (ii) 1111 Sunset, LLC, and Downtown Capital,
LLC, filed reservation of rights, saying that the Plan in its
present form doesn't leave them unimpaired.

According to 1111 Sunset and Downtown, the Trustee seeks to
establish procedures that will permit confirmation of a plan that
leaves all creditors unimpaired and pays remaining funds to the
non-profit entity that is the equivalent of equity holders in
Debtor's estate.  They aver that the Trustee and professionals
should be commended for this effort, as it is exceedingly rare for
all creditors to be paid in full in a case of this type.

1111 Sunset and Downtown Capital, however, point out the Plan as
currently written does not leave them unimpaired in that, among
other things, the timing of the Effective Date leaves open the
possibility that their rights and remedies at law could be
negatively impacted if a settlement is not reached prior to the
Effective Date.  Sunset and Downtown Capital say they are working
with the Trustee on language to insert in the Plan that would leave
them unimpaired.

Meanwhile, Wilshire, a small secured creditor, says it has lien
rights to certain interpleader funds now held by the Superior Court
of California, County of Los Angeles in Case No. BC 537444.  To
date, the Trustee has failed to address Wilshire's claim.  If the
Trustee fails to revise language that confirms Wilshire's secured
claim is truly unimpaired, Wilshire Escrow requests that the Court
modify any order or plan to reflect same.

1111 Sunset and Downtown Capital are represented by:

        BUCHALTER NEMER
        Bernard D. Bollinger, Jr., Esq.
        Richard Ormond, Esq.
        1000 Wilshire Boulevard, Suite 1500
        Los Angeles, CA 90017-2457
        Telephone: (213) 891-0700
        Fax: (213) 896-0400
        E-mail: bbollinger@buchalter.com

Attorneys for Wilshire:

        SCOTT L. WHITMAN, INC., APLC
        Scott L. Whitman, Esq.
        5670 Wilshire Blvd., Suite 2170
        Los Angeles, CA 90036
        Tel: (310) 477-5577
        Fax: (323) 934-0416
        E-mail: slw@mwlegal.com

                          About Holy Hill

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

Judge Julia W. Brand presides over the case.

John Jenchun Suh, the pastor and CEO of the church, signed the
bankruptcy petition.  W. Dan Lee of the Lee Law Offices, in Los
Angeles, serves as counsel to the Debtor.  

Various parties, including the U.S. Trustee, filed motions to
appoint a Chapter 11 trustee or, alternatively, convert the case to
one under Chapter 7.  The motion to appoint a Chapter 11 trustee
was granted and Richard J. Laski was appointed to serve as Chapter
11 trustee on June 30, 2014.  The Trustee has tapped Arent Fox LLP
to serve as his bankruptcy counsel, and Wilshire Partners of CA,
LLC, as accountant.


INTELLIPHARMACEUTICS INT'L: Announces Third Quarter 2015 Results
----------------------------------------------------------------
Intellipharmaceutics International Inc. reported a net loss and
comprehensive loss of $1.88 million on $840,748 of revenue for the
three months ended Aug. 31, 2015, compared to a net loss and
comprehensive loss of $1.67 million on $1.07 million of revenue for
the same period during the prior year.

For the nine months ended Aug. 31, 2015, the Company reported a net
loss and comprehensive loss of $4.30 million on $3.24 million of
revenue compared to a net loss and comprehensive loss of $2.61
million on $7.23 million of revenue for the same  period last
year.

As of Aug. 31, 2015, the Company had $6.21 million in total assets,
$3.87 million in total liabilities and $2.34 million in
shareholders' equity.

Intellipharmaceutics CEO Dr. Isa Odidi commented, "Subsequent to
the FDA's final decision regarding our tentatively approved
strengths of generic Focalin XR (dexmethylphenidate hydrochloride
extended-release) capsules, the Company is actively addressing the
requirements in order to meet the newly imposed conditions for
bioequivalence.  We are also pleased with the progress made during
the quarter in respect of our specialty new drug candidates Rexista
Oxycodone XR and Regabatin XR, consistent with our renewed focus on
new product candidates with 505(b)(2) potential."

The Company had cash of $2.8 million as at Aug. 31, 2015, compared
to $3.0 million as at May 31, 2015.

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

                      http://is.gd/D7bmMq

                   About Intellipharmaceutics

Toronto, Canada-based Intellipharmaceutics International Inc. is
incorporated under the laws of Canada.  Intellipharmaceutics is a
pharmaceutical company specializing in the research, development
and manufacture of novel and generic controlled-release and
targeted-release oral solid dosage drugs.  Its patented
Hypermatrix(TM) technology is a multidimensional controlled-
release drug delivery platform that can be applied to the
efficient development of a wide range of existing and new
pharmaceuticals.  Based on this technology,
Intellipharmaceutics has a pipeline of product candidates in
various stages of development, including filings with the FDA in
therapeutic areas that include neurology, cardiovascular,
gastrointestinal tract, diabetes and pain.

Intellipharmaceutics reported a net loss of $3.85 million on $8.76
million of revenues for the year ended Nov. 30, 2014, compared with
a net loss of $11.5 million on $1.52 million of revenues for the
year ended Nov. 30, 2013.

Deloitte LLP, in Toronto, Canada, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Nov. 30, 2014, citing that the Company's recurring losses
from operations and the accumulated deficit cast substantial doubt
about the Company's ability to continue as a going concern.


INTELLIPHARMACEUTICS INT'L: To Present at Dawson Stock Conference
-----------------------------------------------------------------
Intellipharmaceutics International Inc. is scheduled to present at
the Dawson James Securities Growth Stock Conference on Oct. 15,
2015.  The presentation will take place at 11:45 a.m. (EDT) in the
Wyndham Grand Hotel in Jupiter, Florida.

The presentation may be accessed through the Investor Relations'
Events and Presentations section on Intellipharmaceutics' Web site
at www.intellipharmaceutics.com.

                     About Intellipharmaceutics

Toronto, Canada-based Intellipharmaceutics International Inc. is
incorporated under the laws of Canada.  Intellipharmaceutics is a
pharmaceutical company specializing in the research, development
and manufacture of novel and generic controlled-release and
targeted-release oral solid dosage drugs.  Its patented
Hypermatrix(TM) technology is a multidimensional controlled-
release drug delivery platform that can be applied to the
efficient development of a wide range of existing and new
pharmaceuticals.  Based on this technology,
Intellipharmaceutics has a pipeline of product candidates in
various stages of development, including filings with the FDA in
therapeutic areas that include neurology, cardiovascular,
gastrointestinal tract, diabetes and pain.

Intellipharmaceutics reported a net loss of $3.85 million on $8.76
million of revenues for the year ended Nov. 30, 2014, compared with
a net loss of $11.5 million on $1.52 million of revenues for the
year ended Nov. 30, 2013.

As of Aug. 31, 2015, the Company had $6.21 million in total assets,
$3.87 million in total liabilities and $2.34 million in
shareholders' equity.

Deloitte LLP, in Toronto, Canada, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Nov. 30, 2014, citing that the Company's recurring losses
from operations and the accumulated deficit cast substantial doubt
about the Company's ability to continue as a going concern.


INTERPHASE CORP: Nasdaq to Delist Stock Following Chapter 7 Filing
------------------------------------------------------------------
The Nasdaq Stock Market on Oct. 8 disclosed, that on October 1,
2015, it notified Interphase Corporation that the Company's common
stock will be delisted from Nasdaq based on public interest
concerns raised by the Company's determination to cease operations
and commence bankruptcy proceedings under Chapter 7 of the U.S.
Bankruptcy Code.

Unless the Company appeals this determination, Nasdaq will suspend
trading of the Company's common stock as of the open of business on
October 12, 2015, and file a Form 25-NSE with the Securities and
Exchange Commission to complete the delisting.  The delisting
becomes effective ten days after the Form 25 is filed.

Interphase Corporation -- http://www.iphase.com/-- is a  
diversified information and communications technology company,
committed to innovation.  Company products and services include
embedded computing solutions and a line of embedded computer vision
products.  Founded in 1974, the Company is located in Carrollton,
Texas, with sales offices in the United States and Europe.



KARMALOOP INC: Court Converts Case to Chapter 7 Liquidation
-----------------------------------------------------------
Jonathan Randles at Bankruptcy Law360 reported that Karmaloop has
received a Delaware bankruptcy judge's approval to convert the
company's case to a Chapter 7, clearing a path for the retailer to
liquidate its remaining assets after it failed to come up with a
reorganization plan in the face of a heavy tax burden.

U.S. Bankruptcy Judge Mary F. Walrath approved Karmaloop Inc.'s
motion to convert the bankruptcy case to a Chapter 7.  Karmaloop
had said in court papers that significant priority tax and
administrative claims have created "insurmountable hurdles."

As reported in the Troubled Company Reporter on Sept. 9, 2015,
Sherri Toub, a bankruptcy columnist for Bloomberg News, reported
that Karmaloop Inc., which sold the online retail business to a
senior lending group led by Comvest Capital LLC, in June, said a
prompt conversion to liquidation in Chapter 7 is warranted because
there's no funding to continue in Chapter 11.

According to the report, despite a global settlement resolving
potential claims of the official creditors' committee, the company
said it couldn't achieve agreement on a means to wind down the
bankruptcy case through a Chapter 11 plan.  Substantial priority
tax claims and significant administrative claims created
"insurmountable hurdles" to reaching agreement on funding a plan,
the report said, citing the company.

                       About Karmaloop Inc.

Karmaloop, Inc., founded in 1999 by Gregory Selkoe, is a
cross-platform digital commerce and media property company that
specializes in the sale of global streetwear fashion and culture.
Karmaloop specializes in the sale of over 400 brands of apparel,
shoes and accessories via an e-commerce business model, primarily
using the Web site http://wwww.karmaloop.com/ The company has   
nearly 5 million monthly unique visitors, 2.2 million Facebook
followers and 800,000 Twitter followers.

On March 23, 2015, Karmaloop, Inc. and KarmaloopTV, Inc. filed
voluntary Chapter 11 bankruptcy petitions in the United States
Bankruptcy Court for the District of Delaware (Lead Case No.
15-10635.  The cases are assigned to Judge Kevin J. Carey.

The Debtors tapped Burns & Levinson LLP and Womble Carlyle
Sandridge & Rice, LLP as attorneys; CRS Capstone Partners LLC as
financial advisor and Capstone's Brian L. Davies, Jr., as
restructuring officer; and Omni Management Group, LLC as claims
and noticing agent.

The U.S. Trustee for Region 3 appointed five creditors of
Karmaloop Inc. to serve on the official committee of unsecured
creditors.  Lowenstein Sadler LP serves as its counsel, and Emerald
Capital Advisors serves as its financial advisors.

Karmaloop Inc., sold its online retail business to a senior lending
group led by Comvest Capital LLC, in June.  After the closing of
the sale, Karmaloop changed its name to KL Wind-Down Inc.



KS HOLDINGS II: Case Summary & 5 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: KS Holdings II, Inc.
        8186 Center Street, Suite H
        La Mesa, CA 91942

Case No.: 15-06514

Chapter 11 Petition Date: October 8, 2015

Court: United States Bankruptcy Court
       Southern District of California (San Diego)

Judge: Hon. Laura S. Taylor

Debtor's Counsel: Dolores Contreras, Esq.
                  CONTRERAS LAW
                  402 West Broadway, Suite 1200
                  San Diego, CA 92101
                  Tel: 619-238-0616
                  Email: dc@contreraslawfirm.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Karl Schmidt, president.

A list of the Debtor's five largest unsecured creditors is
available for free at http://bankrupt.com/misc/casb15-06514.pdf


LEHMAN BROTHERS: Judge Rejects Bulk of Ex-Trader's Bonus Request
----------------------------------------------------------------
Tom Corrigan, writing for Dow Jones' Daily Bankruptcy Review,
reported that a bankruptcy judge largely rejected a "double-dip"
bid by a former Lehman Brothers bond trader for an $83 million
bonus he claimed he was owed following the investment bank's 2008
collapse, with the judge calling his request "pure nonsense."

According to the report, Judge Shelley Chapman of the U.S.
Bankruptcy Court in New York said former top trader Jonathan
Hoffman is entitled to only about $7.7 million stemming from an
unpaid portion of the bonus he was awarded in 2007.

As previously reported by The Troubled Company Reporter, Judge
Chapman expressed skepticism as former Lehman Brothers star trader
Jonathan Hoffman, who moved on to Barclays PLC after a fire-sale
merger born of the 2008 market meltdown, insisted at a bench trial
that the fallen financial giant owes him $84 million per his
employment arrangement.  Judge Chapman asked pointed questions
about the bid by Mr. Hoffman -- along with three others -- to
collect on sums varying in size from James Giddens, the trustee
liquidating the Lehman Brothers Holdings Inc. broker-dealer unit.

"The question is whether or not he was paid," Judge Chapman said
to
Mr. Hoffman's counsel, Douglas P. Baumstein of White & Case LLP,
adding "you don't get paid twice."

                     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.
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.

Following the 8th distribution slated for October 2015, total
payouts to creditors in the firm's bankruptcy have reached
approximately $105.4 billion.


LEHMAN BROTHERS: Star Trader's $83M Bonus Claim Mostly Rejected
---------------------------------------------------------------
Jonathan Randles at Bankruptcy Law360 reported that a New York
bankruptcy judge nixed the bulk of former Lehman Brothers Inc. star
trader Jonathan Hoffman's $83 million claim for bonuses he said he
was entitled to, ruling on Oct. 7, 2015, that Hoffman was already
paid what he was owed by Barclays PLC when the bank acquired
Lehman's brokerage business in 2008.

U.S. Bankruptcy Judge Shelley Chapman said Hoffman is entitled to
just more than $7.7 million -- a portion of a 2007 bonus -- but
that the rest of his claim was satisfied.

                     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.



LIGHTSQUARED INC: Injunction Against Chairman Vacated as Too Broad
------------------------------------------------------------------
Bryan Koenig at Bankruptcy Law360 reported that a New York federal
judge vacated a Chapter 11 injunction restraining Dish Network
Corp. Chairman Charlie Ergen from interfering with the affairs of
reorganizing LightSquared Inc., finding on Oct. 7, 2015 that the
prohibition under the broader plan covered too much ground.

U.S. District Court Judge Katherine B. Forrest sent the injunction
back to bankruptcy court, ruling that the sweeping relief -- which
was particularly aimed at Ergen, LightSquared's great tormentor,
and put in place as the wireless venture attempted to get back on
its feet.

                     About LightSquared Inc.

LightSquared Inc. and 19 of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. S.D.N.Y. Lead Case No. 12-12080) on
May 14, 2012, to resolve regulatory issues that have prevented it
from building its coast-to-coast integrated satellite 4G wireless
network.

LightSquared had invested more than $4 billion to deploy an
integrated satellite-terrestrial network.  In February 2012,
however, the U.S. Federal Communications Commission told
LightSquared the agency would revoke a license to build out the
network as it would interfere with global positioning systems used
by the military and various industries.  In March 2012, the
Company's partner, Sprint, canceled a master services agreement.
LightSquared's lenders deemed the termination of the Sprint
agreement would trigger cross-defaults under LightSquared's
prepetition credit agreements.

LightSquared and its prepetition lenders attempted to negotiate a
global restructuring that would provide LightSquared with liquidity
and runway necessary to resolve its issues with the FCC.

Despite working diligently and in good faith, however, LightSquared
and the lenders were not able to consummate a global restructuring
on terms acceptable to all interested parties.

Lawyers at Milbank, Tweed, Hadley & McCloy LLP serve as counsel to
the Debtors.  Alvarez & Marsal North America, LLC, is the financial
advisor.  Kurtzman Carson Consultants LLC serves as claims and
notice agent.

                          *     *     *

Bankruptcy Judge Shelley C. Chapman in late March 2015, approved
LightSquared Inc.'s Chapter 11 reorganization plan.  As previously
reported by The Troubled Company Reporter, the Debtors, in
December, filed a joint plan and disclosure statement, which
contemplate, among other things, (A) new money investments by the
New Investors in exchange for a combination of preferred and common
equity, (B) the conversion of the Prepetition LP Facility Claims
into new second lien debt obligations, (C) the repayment in full,
in cash, of the Inc. Facility Prepetition Inc. Facility
NonSubordinated Claims immediately following confirmation of the
Plan, (D) the payment in full, in cash, of LightSquared's general
unsecured claims, (E) the provision of $1.25 billion in new money
working capital for the Reorganized Debtors, (F) the assumption of
certain liabilities, (G) the resolution of all inter-Estate
disputes, and (H) the contribution by Harbinger of the Harbinger
Litigations.



LIQUIDMETAL TECHNOLOGIES: Visser Precision Owns 8% Class A Shares
-----------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Barney D. Visser, Furniture Row, LLC and Visser
Precision Cast, LLC, disclosed that as of Oct. 5, 2015, they
beneficially owned 39,270,589 shares of Class A common stock of
Liquidmetal Technologies, Inc., which represents 8 percent of the
shares outstanding.

On Oct. 2, 2015, VPC sold 500,000 shares of Common Stock at a
weighted average price of $0.0946 per share (exclusive of any fees
or commissions) in market transactions.  Actual prices ranged from
$0.094 to $0.098 per share.

On Oct. 5, 2015, VPC sold 320,000 shares of Common Stock at a
weighted average price of $0.0948 per share (exclusive of any fees
or commissions) in market transactions.  Actual prices ranged from
$0.094 to $0.098 per share.

A full-text copy of the regulatory filing is available at:

                       http://is.gd/Ee1C4m

                   About Liquidmetal Technologies

Based in Rancho Santa Margarita, Cal., Liquidmetal Technologies,
Inc., and its subsidiaries are in the business of developing,
manufacturing, and marketing products made from amorphous alloys.
Liquidmetal Technologies markets and sells Liquidmetal(R) alloy
industrial coatings and also manufactures, markets and sells
products and components from bulk Liquidmetal alloys that can be
incorporated into the finished goods of its customers across a
variety of industries.  The Company also partners with third-
party licensees and distributors to develop and commercialize
Liquidmetal alloy products.

Liquidmetal Technologies reported a net loss and comprehensive loss
of of $6.55 million on $603,000 of total revenues for the year
ended Dec. 31, 2014, compared to a net loss and comprehensive loss
of $14.2 million on $1.02 million of total revenue in 2013.

As of June 30, 2015, the Company had $9.5 million in total assets,
$3.9 million in total liabilities and $5.5 million in total
stockholders' equity.

SingerLewak LLP, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2014,
citing that the Company has suffered recurring losses from
operations, has negative cash flows from operations and has an
accumulated deficit.  This raises substantial doubt about the
Company's ability to continue as a going concern.


LONDON FINANCE: Ruling on Motion to Withdraw Reference Deferred
---------------------------------------------------------------
Judge David O. Carter of the United States District Court for the
Central District of California deferred ruling on London Finance
Group Ltd.'s motion to withdraw reference pending ruling from Judge
Stephen V. Wilson's court on the motion for return of property.
The Debtor, as part of its bankruptcy matter, filed an adversary
proceeding in the bankruptcy court against the U.S. Government, the
Internal Revenue Service, the Internal Revenue Service and Sherman
Mazur, seeking to recover stock certificates that it believes the
Government wrongfully seized.  The Debtor seeks to withdraw the
reference for the adversary proceeding to District Court.

The Debtor has sought return of this property through two different
means: (1) by asserting a claim for a third party wrongful levy in
the bankruptcy adversary proceeding pursuant to 26 U.S.C. Section
7426, and (2) by bringing a motion for return of property in Judge
Stephen V. Wilson's court pursuant to Federal Rule of Criminal
Procedure 41(g).1

As the parties note in their briefing, there is a nine-month
statute of limitations for a third party wrongful levy claim under
26 U.S.C. Section 7426 while the statute of limitations for a 41(g)
motion is six years after conclusion of the criminal proceeding.
In the instant Motion, the Debtor argues that this conflict between
the statutes of limitations requires mandatory withdrawal of the
adversary proceeding to this Court.

Judge Carter said he is inclined to defer ruling on this question,
as a ruling on the pending 41(g) motion in Judge Wilson's court is
critical to the Court's analysis.

The case is London Finance Group, Ltd., V. Internal Revenue
Service, et al, LACV 15-5030-Doc (C.D. Calif.).

A full-text copy of Judge Carter's civil minutes dated September
11, 2015, is available at http://is.gd/joBTcGfrom Leagle.com.  

Plaintiff is represented by:

       Elaine Van Tuong Nguyen, Esq.
       Daniel J. Weintraub, Esq.
       James R. Selth, Esq.
       WEINTRAUB AND SELTH APC
       11766 Wilshire Blvd., Suite 1170
       Los Angeles, CA 90025
       Phone: 310.584.7702
       Toll Free: 866.572.2423
       Fax: 310.442.0660

Defendant is represented by Benjamin L. Tompkins, Office of US
Attorney.

London Finance Group, Ltd., sought protection under Chapter 11 of
the Bankruptcy Code on Jan. 5, 2014 (Bankr. C.D. Cal., Case No.
15-10097).  The Debtor is represented by Daniel J. Weintraub, Esq.,
at Weintraub & Selth, APC, in Los Angeles, California.


MALIBU LIGHTING: BofA Consents to Cash Collateral Use
-----------------------------------------------------
Outdoor Direct Corporation, f/k/a The Brinkmann Corporation, Q-Beam
Corporation, Smoke 'N Pit Corporation, Treasure Sensor Corporation,
and Stubbs Collections, Inc. (together, the "Syndicated Facility
Debtors") seek the Bankruptcy Court's authority to use cash
collateral of Bank of America, N.A., for the continuance of their
orderly liquidation process.

The Debtors have advised the Court that Bank of America has agreed
to allow them to use Cash Collateral to pay their actual,
necessary, postpetition expenses, only in accordance with a budget,
through Dec. 31, 2015, unless extended.

According to the Syndicated Facility Debtors, they do not have any
available sources of financing to carry on the continuing orderly
wind-down of their business.

Prior to the Petition Date, ODC entered an Amended and Restated
Credit Agreement, dated as of March 8, 2012, by and between ODC and
Bank of America, as administrative agent and the Lenders.  ODC and
Bank of America, N.A., as issuer, are also parties to that certain
L/C Credit Agreement dated May 1, 2012, between ODC and the Issuer.
The ODC BofA Credit Agreement is both a revolving and term loan
credit facility.  The ODC L/C Credit Agreement provides for the
issuance of certain letters of credit.

As of Oct. 7, 2015, the indebtedness outstanding under the ODC BofA
Credit Agreement is not less than $44,413,950, consisting of
principal in the amount of $44,060,185 and accrued and unpaid
interest in the amount of $353,764.  As of Oct. 7, 2015, the
indebtedness outstanding under the ODC L/C Credit Agreement
consists of a contingent obligation related to an outstanding
letter of credit in the amount of $8,229.

The Agent and the Issuer are secured creditors of the Syndicated
Facility Debtors and their estates, holding valid, enforceable,
perfected and unavoidable security interests and liens in,
substantially all of the Syndicated Facility Debtors' assets.

As adequate protection, the Agent and the Issuer are each granted
replacement liens and security interests on all assets of the
Syndicated Facility Debtors and their estates.

Bank of America is represented by:

     Kathleen A. Murphy, Esq.
     BUCHANAN INGERSOLL & ROONEY, PC
     919 N. Market St., Suite 1500
     Wilmington, DE 19801
     Tel: (302) 552-4200
     Fax: (302) 552-4295
     E-mail: kathleen.murphy@bipc.com

           - and -

     Robert J. Miller, Esq.
     Brian C. Walsh, Esq.
     BRYAN CAVE LLP
     Two North Central Ave., Suite 2200
     Phoenix, AZ 85004
     Tel: (602) 364-7000
     Fax: (602) 364-7070
     E-mail: rjmiller@bryancave.com
             brian.walsh@bryancave.com

                      About Malibu Lighting

Malibu Lighting Corporation, Outdoor Direct Corporation, National
Consumer Outdoors Corporation, Beam Corporation, Smoke 'N Pit
Corporation, Treasure Sensor Corporation and Stubbs Collections
Inc. filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Proposed
Lead Case No. 15-12080) on Oct. 8, 2015.  The petition was signed
by David M. Baker as chief restructuring officer.  Judge Kevin
Gross is assigned to the case.

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

The Debtors have engaged Pachulski Stang Ziehl & Jones LLP as
counsel, Piper Jaffray Co. as investment banker and Kurtzman Carson
Consultants as claims and noticing agent.

MLC was a manufacturer and supplier of outdoor and landscape
lighting products, such as solar and low voltage lights and home
security lights, including the parts and accessories associated
with these products.

ODC was a manufacturer and supplier of a variety of consumer goods,
including (a) outdoor cooking products, such as outdoor gas grills,
charcoal grills, smokers and fryers, (b) hand held lighting
products, such as flashlights and spotlights, (c) landscape
lighting products, and (d) parts and accessories associated with
the foregoing products.

MLC and ODC are currently winding down operations as a result of
the termination of a business relationship with principal customer,
Home Depot.

NCOC is a manufacturer and supplier of both branded and private
label pet bedding and pet accessory products.  NCOC manufactures
beds, accessories, and deodorizers for dogs as well as beds,
scratching posts, and toys for cats.  In addition, NCOC markets and
sells boat covers manufactured primarily from Chinese suppliers.



MALIBU LIGHTING: Court Approves Joint Administration of Cases
-------------------------------------------------------------
The Bankruptcy Court entered an order directing the consolidation
of the Chapter 11 cases of Malibu Lighting Corporation, et al.,
under the Lead Case No. 15-12080, for procedural purposes.

The Court finds that the Debtors are "affiliates" within the
meaning of Section 101(2) of the Bankruptcy Code and the joint
administration of their cases is appropriate.

                       About Malibu Lighting

Malibu Lighting Corporation, Outdoor Direct Corporation, National
Consumer Outdoors Corporation, Beam Corporation, Smoke 'N Pit
Corporation, Treasure Sensor Corporation and Stubbs Collections
Inc. filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead
Case No. 15-12080) on Oct. 8, 2015.  The petition was signed by
David M. Baker as chief restructuring officer.  Judge Kevin Gross
is assigned to the case.

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

The Debtors have engaged Pachulski Stang Ziehl & Jones LLP as
counsel, Piper Jaffray Co. as investment banker and Kurtzman Carson
Consultants as claims and noticing agent.

MLC was a manufacturer and supplier of outdoor and landscape
lighting products, such as solar and low voltage lights and home
security lights, including the parts and accessories associated
with these products.

ODC was a manufacturer and supplier of a variety of consumer goods,
including (a) outdoor cooking products, such as outdoor gas grills,
charcoal grills, smokers and fryers, (b) hand held lighting
products, such as flashlights and spotlights, (c) landscape
lighting products, and (d) parts and accessories associated with
the foregoing products.

MLC and ODC are currently winding down operations as a result of
the termination of a business relationship with principal customer,
Home Depot.

NCOC is a manufacturer and supplier of both branded and private
label pet bedding and pet accessory products.  NCOC manufactures
beds, accessories, and deodorizers for dogs as well as beds,
scratching posts, and toys for cats.  In addition, NCOC markets and
sells boat covers manufactured primarily from Chinese suppliers.


MALIBU LIGHTING: Court OKs KCC as Claims and Noticing Agent
-----------------------------------------------------------
Malibu Lighting Corporation, et al., won approval from the
bankruptcy court to employ Kurtzman Carson Consultants LLC as
claims and noticing agent to, among other things, (i) distribute
required notices to parties-in-interest, (ii) receive, maintain,
docket and otherwise administer the proofs of claim filed in the
Debtors' cases, and (iii) provide other administrative services.

KCC will serve as the custodian of court records and will be
designated as the authorize repository for all proofs of claim
filed in the Debtors' cases and is directed to maintain official
claims registers for each of the Debtors and to provide the Clerk
with a certified duplicate thereof.

The Debtors are authorized to compensate KCC in accordance with the
terms of the Engagement Agreement.

The Court also authorized the Debtors to indemnify KCC under the
terms of the Engagement Agreement except, among other things, for
any claim or expense that arose from KCC's gross negligence,
willful misconduct or fraud.

                      About Malibu Lighting

Malibu Lighting Corporation, Outdoor Direct Corporation, National
Consumer Outdoors Corporation, Beam Corporation, Smoke 'N Pit
Corporation, Treasure Sensor Corporation and Stubbs Collections
Inc. filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead
Case No. 15-12080) on Oct. 8, 2015.  The petition was signed by
David M. Baker as chief restructuring officer.  Judge Kevin Gross
is assigned to the case.

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

The Debtors have engaged Pachulski Stang Ziehl & Jones LLP as
counsel, Piper Jaffray Co. as investment banker and Kurtzman Carson
Consultants as claims and noticing agent.

MLC was a manufacturer and supplier of outdoor and landscape
lighting products, such as solar and low voltage lights and home
security lights, including the parts and accessories associated
with these products.

ODC was a manufacturer and supplier of a variety of consumer goods,
including (a) outdoor cooking products, such as outdoor gas grills,
charcoal grills, smokers and fryers, (b) hand held lighting
products, such as flashlights and spotlights, (c) landscape
lighting products, and (d) parts and accessories associated with
the foregoing products.

MLC and ODC are currently winding down operations as a result of
the termination of a business relationship with principal customer,
Home Depot.

NCOC is a manufacturer and supplier of both branded and private
label pet bedding and pet accessory products.  NCOC manufactures
beds, accessories, and deodorizers for dogs as well as beds,
scratching posts, and toys for cats.  In addition, NCOC markets and
sells boat covers manufactured primarily from Chinese suppliers.



MALIBU LIGHTING: Court OKs Payment of $1.6M to Critical Vendors
---------------------------------------------------------------
Malibu Lighting Corporation, et al., sought and obtained permission
from the Bankruptcy Court for debtor National Consumer Outdoor
Corporation to pay prepetition claims of essential vendors and
service providers in an amount not to exceed $1.6 million.

NCOC primarily assembles pet bedding and prepares the assembled pet
bedding for shipment to its clients.  According to the Debtors,
NCOC relies on its vendors for a continuous supply of materials in
order to assemble the pet bedding and prepare it for shipping.  

"The uninterrupted supply of NCOC's raw materials is especially
important at this time of year, as NCOC's manufacturing lines ramp
up in anticipation of the holiday season," said Jeffrey N.
Pomerantz, Esq., at Pachulski Stang Ziehl & Jones LLP, counsel to
the Debtors.  "Absent assurance of immediate payment either in part
or in whole, the Critical Vendors could refuse to deliver goods to
NCOC," he added.

Pursuant to the Order, if any Critical Vendor accepts payment and
does not continue supplying goods or services to the Debtors in
accordance with customary trade terms, then the Debtors may take
any and all appropriate steps to cause such Critical Vendor to
repay payments made to it on account of its prepetition claim.

                       About Malibu Lighting

Malibu Lighting Corporation, Outdoor Direct Corporation, National
Consumer Outdoors Corporation, Beam Corporation, Smoke 'N Pit
Corporation, Treasure Sensor Corporation and Stubbs Collections
Inc. filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Proposed
Lead Case No. 15-12080) on Oct. 8, 2015.  The petition was signed
by David M. Baker as chief restructuring officer.  Judge Kevin
Gross is assigned to the case.

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

The Debtors have engaged Pachulski Stang Ziehl & Jones LLP as
counsel, Piper Jaffray Co. as investment banker and Kurtzman Carson
Consultants as claims and noticing agent.

MLC was a manufacturer and supplier of outdoor and landscape
lighting products, such as solar and low voltage lights and home
security lights, including the parts and accessories associated
with these products.

ODC was a manufacturer and supplier of a variety of consumer goods,
including (a) outdoor cooking products, such as outdoor gas grills,
charcoal grills, smokers and fryers, (b) hand held lighting
products, such as flashlights and spotlights, (c) landscape
lighting products, and (d) parts and accessories associated with
the foregoing products.

MLC and ODC are currently winding down operations as a result of
the termination of a business relationship with principal customer,
Home Depot.

NCOC is a manufacturer and supplier of both branded and private
label pet bedding and pet accessory products.  NCOC manufactures
beds, accessories, and deodorizers for dogs as well as beds,
scratching posts, and toys for cats.  In addition, NCOC markets and
sells boat covers manufactured primarily from Chinese suppliers.



MALIBU LIGHTING: Hires Kurtzman Carson as Claims & Noticing Agent
-----------------------------------------------------------------
Malibu Lighting Corporation and debtor affiliates seek permission
from the Bankruptcy Court to employ Kurtzman Carson Consultants LLC
as claims and noticing agent to assume full responsibility for the
distribution of notices and the maintenance, processing, and
docketing of proofs of claim filed in their cases.

Although the Debtors have not yet filed their schedules of assets
and liabilities, they anticipate that there will be in excess of
5,000 entities to be noticed.  In view of the number of anticipated
claimants and the complexity of their businesses, the Debtors
assert that the appointment of a claims and noticing agent is both
necessary and in the best interests of both their estates and their
creditors.

According to the Debtors, by appointing KCC as the claims and
noticing agent in these cases, the distribution of notices and the
processing of claims will be expedited, and the clerk's office will
be relieved of the administrative burden of processing what maybe
an overwhelming number of claims.

KCC's fees for consulting services are:

                                                  Discounted
      Position                                    Hourly Rate
      --------                                    -----------
      Executive Vice President                      Waived
      Director/Senior Managing Consultant            $175
      Consultant/Senior Consultant                 $70-$160
      Project Specialist                           $50-$100
      Technology/Programming Consultant            $45-$85
      Clerical                                     $25-$50

The Debtors request that the undisputed fees and expenses incurred
by KCC in the performance of its services be treated as
administrative expenses of their estates and be paid in the
ordinary course of business without further application to or order
of the Court.  KCC agrees to maintain records of all services
showing dates, categories of services, fees charged and expenses
incurred, and to serve monthly invoices on the Debtors, the office
of the United States Trustee, counsel for the Debtors, counsel for
any official committee, if any, monitoring the expenses of the
Debtors and any party-in-interest who specifically requests service
of the monthly invoices.  If any dispute arises relating to the
Engagement Agreement or monthly invoices, the parties shall meet
and confer in an attempt to resolve the dispute; if resolution is
not achieved, the parties may seek resolution of the matter from
the Court.

The Debtors provided KCC with a prepetition retainer in the amount
of $25,000.  KCC seeks to first apply the retainer to all
prepetition invoices, and thereafter, to have the retainer
replenished to the original retainer amount, and thereafter, to
hold the retainer under the Engagement Agreement during the cases
as security for the payment of fees and expenses incurred under the
Engagement Agreement.

Evan Gershbein, senior vice president of corporate restructuring
services for Kurtzman Carson Consultants LLC, assures the Court
that KKC is a "disinterested person" within the meaning of Section
101(14) of the Bankruptcy Code.

                       About Malibu Lighting

Malibu Lighting Corporation, Outdoor Direct Corporation, National
Consumer Outdoors Corporation, Beam Corporation, Smoke 'N Pit
Corporation, Treasure Sensor Corporation and Stubbs Collections
Inc. filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Proposed
Lead Case No. 15-12080) on Oct. 8, 2015.  The petition was signed
by David M. Baker, the chief restructuring officer. Judge Kevin
Gross is assigned to the case.

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

The Debtors have engaged Pachulski Stang Ziehl & Jones LLP as
counsel, Piper Jaffray Co. as investment banker and Kurtzman Carson
Consultants as claims and noticing agent.

MLC was a manufacturer and supplier of outdoor and landscape
lighting products, such as solar and low voltage lights and home
security lights, including the parts and accessories associated
with these products.

ODC was a manufacturer and supplier of a variety of consumer goods,
including (a) outdoor cooking products, such as outdoor gas grills,
charcoal grills, smokers and fryers, (b) hand held lighting
products, such as flashlights and spotlights, (c) landscape
lighting products, and (d) parts and accessories associated with
the foregoing products.

MLC and ODC are currently winding down operations as a result of
the termination of a business relationship with principal customer,
Home Depot.

NCOC is a manufacturer and supplier of both branded and private
label pet bedding and pet accessory products.  NCOC manufactures
beds, accessories, and deodorizers for dogs as well as beds,
scratching posts, and toys for cats.  In addition, NCOC markets and
sells boat covers manufactured primarily from Chinese suppliers.



MALIBU LIGHTING: NCOC Gets Interim Nod for $21.5M DIP Financing
---------------------------------------------------------------
National Consumer Outdoors Corporation f/k/a Dallas Manufacturing
Company, Inc., one of the Debtors, sought and obtained the
Bankruptcy Court's permission to borrow up to $11 million, on an
interim basis, from Comerica Bank and to use the Lender's cash
collateral.

As of the Petition Date, the Debtor entered into an asset purchase
agreement with an affiliate of Summit Investment Management LLC for
the sale of substantially all of its assets for $36,850,000 in
cash, plus the assumption of certain liabilities.  The sale is
subject to higher and better bids at auction.  The Debtor expects
to continue its current operations in the ordinary course pending
the outcome of its sale process.

The Debtor asserted that without the proposed financing, it will
not have the funds necessary (a) to pay overhead and other expenses
for the continued operation of its business, including the
administrative costs associated with the case, (b) to implement a
sale process that will maximize recovery by creditors, and (c) to
manage and preserve its assets and properties.

The Debtor and Comerica entered into a debtor-in-possession credit
agreement dated as of Oct. 7, 2015, for a credit facility of up to
$21.5 million, of which $11 million would be available on an
interim basis.

Comerica is a secured creditor of the Debtor in connection with a
prepetition credit agreement, holding valid, enforceable, perfected
and unavaidable security interest and liens in substantially all of
the Debtor's assets.

The Debtor represents the the Pre-Petition Collateral secures the
Comerica Pre-Petition Debt, which is not less than $25,801,582 in
principal obligations as of Oct. 5, 2015.

To secure the prompt payment and performance of any and all
post-petition obligations, liabilities and indebtedness of the
Debtor, the Lender will be granted: (a) a superpriority
administrative claim; and (b) valid and perfected security
interests and liens, senior to all other creditors of the Debtor's
estate.

The Credit Facility has an interest rate of Prime rate plus 3.00%.
The interest rate is assumed to be 6.25% pursuant to the Budget.

A hearing to consider final approval of the entire $21.5 million
Credit Facility has been set for Oct. 27, 2015, at 10:00 a.m.
Objection deadline is Oct. 22.

A copy of the Interim DIP Order is available for free at:

     http://bankrupt.com/misc/49_MALIBU_NCOCInterimOrdDIP.pdf

                      About Malibu Lighting

Malibu Lighting Corporation, Outdoor Direct Corporation, National
Consumer Outdoors Corporation, Beam Corporation, Smoke 'N Pit
Corporation, Treasure Sensor Corporation and Stubbs Collections
Inc. filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Proposed
Lead Case No. 15-12080) on Oct. 8, 2015.  The petition was signed
by David M. Baker as chief restructuring officer.  Judge Kevin
Gross is assigned to the case.

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

The Debtors have engaged Pachulski Stang Ziehl & Jones LLP as
counsel, Piper Jaffray Co. as investment banker and Kurtzman Carson
Consultants as claims and noticing agent.

MLC was a manufacturer and supplier of outdoor and landscape
lighting products, such as solar and low voltage lights and home
security lights, including the parts and accessories associated
with these products.

ODC was a manufacturer and supplier of a variety of consumer goods,
including (a) outdoor cooking products, such as outdoor gas grills,
charcoal grills, smokers and fryers, (b) hand held lighting
products, such as flashlights and spotlights, (c) landscape
lighting products, and (d) parts and accessories associated with
the foregoing products.

MLC and ODC are currently winding down operations as a result of
the termination of a business relationship with principal customer,
Home Depot.

NCOC is a manufacturer and supplier of both branded and private
label pet bedding and pet accessory products.  NCOC manufactures
beds, accessories, and deodorizers for dogs as well as beds,
scratching posts, and toys for cats.  In addition, NCOC markets and
sells boat covers manufactured primarily from Chinese suppliers.


MALIBU LIGHTING: NCOC Seeks Approval of Sale to DMC for $36.8M
--------------------------------------------------------------
National Consumer Outdoors Corporation is seeking Bankruptcy
Court's permission to sell substantially all of its operating
assets to DMC Acquisition Holdings, LLC (the "Stalking Horse"), an
affiliate of Summit Investment Management LLC for $36,850,000 in
cash, plus the assumption of certain liabilities, or alternatively,
to another successful bidder.

NCOC entered into an asset purchase agreement with DMC on Oct. 7,
2015.  The NCOC Sale Agreement is subject to higher and better bids
and, ultimately, the approval of the Court.

The Agreement sets the following deadlines:

  * Entry of an order approving the Bidding Procedures Motion by
    no later than 21 days after the Petition Date;

  * Deadline to (a) submit competing bids, (b) object to the sale,
    (c) object to assumption assignment and cure claims (no
    deadline in Agreement; the Debtor proposes Nov. 12, 2015);

  * Auction no later than the 49th day after the Petition Date
    (the Debtor proposes Nov. 17, 2015);

  * Sale Hearing no later than the 52nd day after the Petition
    Date (the Debtor proposes Nov. 19, 2015); and

  * Closing of the Sale to occur no later than (a) the 55th day
    after the Petition Date or (b) the 5th Business Day after
    entry of the Sale order, whichever is first to occur.

The proposed sale contemplates that the Debtor may assume and
assign to the Purchaser certain of the executory contracts and
unexpired leases associated with the Assets.  Pursuant to the
Agreement, the Purchaser will designate the Purchased Contracts not
later than the Bid Submission Deadline.

Subject to the approval of the Bankruptcy Court, in the event that
the Debtor consummates an alternative transaction instead of the
proposed Sale to the Purchaser under the terms of the Agreement,
the Debtor will pay the Purchaser a breakup fee equal to $1,117,500
and an expense reimbursement not to exceed $225,000.

The Debtor believes that the sale of the Assets as a going concern
to DMC or other successful bidder is in the best interests of its
estate and its creditors.  The Debtor said it has examined the
alternatives to a sale of the Assets and has determined that a more
viable alternative to sale of the Assets does not exist.

                        Bidding Procedures

The Debtor also seeks approval of certain bidding procedures for
the sale of substantially all of its operating assets.  Any bids
for the Assets must provide at least $1,750,000 in the aggregate,
more than the purchase price in the Agreement.  A Potential Bidder
must deposit 5% of the purchase price under the Modified Agreement
with Debtor's counsel in the form of a certified check or wire
transfer at least three business days before the Auction.

The Debtor will have the right to determine whether a bid is a
Qualified Bid and will notify bidders whether their bids have been
determined to be Qualified Bids, as soon as possible, and prior to
the Auction.  For the avoidance of doubt, the Purchaser is a
Qualified Bidder and the Agreement constitutes a Qualified Bid.
After the Debtor determines which bids are Qualified Bids, the
Debtor shall distribute the Qualified Bids, including the
associated Modified Agreements, to the Purchaser.

In the event that the Debtor timely receives more than one
Qualified Bid (other than the Purchaser's Agreement), the Debtor
shall conduct the Auction with respect to the Assets.  The Auction
will take place at the Delaware offices of Pachulski Stang Ziehl &
Jones, LLP located at 919 North Market Street, 17th Floor,
Wilmington, DE 19801, starting at 10:00 (prevailing Eastern Time),
or at such other place, date and time as may be designated by the
Debtor.

In the event the Debtor chooses a Successful Bidder or Backup
Bidder other than the Purchaser at the Auction or the terms of the
proposed Sale are modified at the time of the Auction, the
Objection Deadline solely with respect to (i) the Debtor's choice
of such alternative Successful Bidder or Backup Bidder, or the
modifications to the terms of the Sale to the Successful Bidder and
(ii) cure amounts under the Assumed Leases and Contracts, to the
extent such party did not receive notice of such cure amounts prior
to the Auction, must be filed with the Court at 4:00 p.m. Eastern
time on the first business day prior to the Sale Hearing.

                      Notice of Sale Hearing

The Debtor proposes that the Auction occur on Nov. 17, 2015, and
that the Sale Hearing occur on Nov. 19, 2015.  The Debtor proposes
that objections, if any, to the Sale Motion be filed on or before
4:00 p.m. on Nov. 12, 2015 (prevailing Eastern Time).

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

        http://bankrupt.com/misc/18_MALIBU_NCOC_APA.pdf

                      About Malibu Lighting

Malibu Lighting Corporation, Outdoor Direct Corporation, National
Consumer Outdoors Corporation, Beam Corporation, Smoke 'N Pit
Corporation, Treasure Sensor Corporation and Stubbs Collections
Inc. filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Proposed
Lead Case No. 15-12080) on Oct. 8, 2015.  The petition was signed
by David M. Baker as chief restructuring officer.  Judge Kevin
Gross is assigned to the case.

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

The Debtors have engaged Pachulski Stang Ziehl & Jones LLP as
counsel, Piper Jaffray Co. as investment banker and Kurtzman Carson
Consultants as claims and noticing agent.

MLC was a manufacturer and supplier of outdoor and landscape
lighting products, such as solar and low voltage lights and home
security lights, including the parts and accessories associated
with these products.

ODC was a manufacturer and supplier of a variety of consumer goods,
including (a) outdoor cooking products, such as outdoor gas grills,
charcoal grills, smokers and fryers, (b) hand held lighting
products, such as flashlights and spotlights, (c) landscape
lighting products, and (d) parts and accessories associated with
the foregoing products.

MLC and ODC are currently winding down operations as a result of
the termination of a business relationship with principal customer,
Home Depot.

NCOC is a manufacturer and supplier of both branded and private
label pet bedding and pet accessory products.  NCOC manufactures
beds, accessories, and deodorizers for dogs as well as beds,
scratching posts, and toys for cats.  In addition, NCOC markets and
sells boat covers manufactured primarily from Chinese suppliers.


MALIBU LIGHTING: Seeks Joint Administration of Cases
----------------------------------------------------
Malibu Lighting Corporation, et al., ask the Bankruptcy Court to
jointly administer their Chapter 11 cases under Lead Case No.
15-12080.

According to the Debtors, joint administration is warranted because
(a) their financial affairs and business operations are closely
related, (b) such administration will ease the administrative
burden on the Court and other parties, and (c) joint administration
will protect creditors from lurking conflicts of interest.

The Debtors anticipate that numerous notices, applications,
motions, other pleadings, hearings, and orders in these cases will
affect all of them.  

"With 7 affiliated debtors, each with its own case docket, the
failure to administer these cases jointly would result in numerous
duplicative pleadings filed for each issue and served upon separate
service lists.  Such duplication of substantially identical
documents would be extremely wasteful and would unnecessarily
overburden the Clerk of this Court with the volume of paper," says
Jeffrey N. Pomerantz, Esq., at Pachulski Stang Ziehl & Jones LLP,
counsel to the Debtors.

The Debtors maintain that the rights of the respective creditors of
each of the Debtors will not be adversely affected by joint
administration inasmuch as the relief sought is purely procedural
and is in no way intended to affect substantive rights.  Each
creditor and party-in-interest will maintain whatever rights it has
against the particular estate in which it allegedly has a claim or
right, the Debtors tell the Court.  

Supervision of the administrative aspects of the Chapter 11 cases
by the Office of the United States Trustee also will be simplified,
the Debtors add.

                       About Malibu Lighting

Malibu Lighting Corporation, Outdoor Direct Corporation, National
Consumer Outdoors Corporation, Beam Corporation, Smoke 'N Pit
Corporation, Treasure Sensor Corporation and Stubbs Collections
Inc. filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Proposed
Lead Case No. 15-12080) on Oct. 8, 2015.  The petition was signed
by David M. Baker as chief restructuring officer.  Judge Kevin
Gross is assigned to the case.

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

The Debtors have engaged Pachulski Stang Ziehl & Jones LLP as
counsel, Piper Jaffray Co. as investment banker and Kurtzman Carson
Consultants as claims and noticing agent.

MLC was a manufacturer and supplier of outdoor and landscape
lighting products, such as solar and low voltage lights and home
security lights, including the parts and accessories associated
with these products.

ODC was a manufacturer and supplier of a variety of consumer goods,
including (a) outdoor cooking products, such as outdoor gas grills,
charcoal grills, smokers and fryers, (b) hand held lighting
products, such as flashlights and spotlights, (c) landscape
lighting products, and (d) parts and accessories associated with
the foregoing products.

MLC and ODC are currently winding down operations as a result of
the termination of a business relationship with principal customer,
Home Depot.

NCOC is a manufacturer and supplier of both branded and private
label pet bedding and pet accessory products.  NCOC manufactures
beds, accessories, and deodorizers for dogs as well as beds,
scratching posts, and toys for cats.  In addition, NCOC markets and
sells boat covers manufactured primarily from Chinese suppliers.


MALIBU LIGHTING: Wants to Use Comerica Bank's Cash Collateral
-------------------------------------------------------------
Malibu Lighting Corporation, one of debtors, seeks permission from
the Bankruptcy Court to use cash collateral of Comerica Bank to
satisfy its liquidation-related expenditures, including employee
expenses or the expenses necessary to administer its Chapter 11
case, pending the contemplated sale of its assets.

MLC is currently winding down operations after its principal
customer, The Home Depot, terminated its relationship with the
company in July 2015.  MLC has warehouse facilities in Dallas,
Texas and Kosciusko, Mississippi.

MLC's assets consist of its inventory, accounts receivable,
intellectual property rights and minimal equipment and furniture.
The MLC Assets are currently being marketing for sale.

The Debtor asserts it does not have any available sources of
financing to carry on the continuing orderly wind-down of its
business without the use of Cash Collateral.

Comerica is a secured creditor of the Debtor and its estate,
holding valid, enforceable, perfected and unavoidable security
interests and liens in, substantially all of the Debtor's assets.

The Collateral secures all indebtedness owed by the Debtor to
Comerica, as of Oct. 7, 2015, the date of the filing of the
voluntary Chapter 11 petition.  The Comerica Pre-Petition
Indebtedness is not less than $5,082,227 in principal obligations
as of Oct. 6, 2015.

Comerica has agreed to the Debtor's use of Cash Collateral to pay
its actual, necessary, post-petition expenses, only in accordance
with a budget, through Dec. 31, 2015, unless extended.

The Debtor has also agreed to grant Comerica replacement liens and
security interests on all of its assets and its estate.

Attorneys for Comerica Bank:

      Bruce J. Ruzinsky, Esq.
      Matthew D. Cavenaugh, Esq.
      JACKSON WALKER, L.L.P.  
      1401 McKinney Streit, Suite 1900
      Houston, Texas 77010
      Tel: (713) 752-4204
      Fax: (713) 3p8-4155
      E-mail: bruzinsky@jw.com
             mcavenaugh@jw.com

             - and -

      Peter J. Duhig, Esq.
      BUCHANAN INGERSOLL & ROONEY PC
      919 North Market Street, Suite 1500
      Wilmington, DE 19801
      Tel: (302) 552-4249
      Fax: (302) 552-4295
      E-mail: peter.duhig@bipc.com

                      About Malibu Lighting

Malibu Lighting Corporation, Outdoor Direct Corporation, National
Consumer Outdoors Corporation, Beam Corporation, Smoke 'N Pit
Corporation, Treasure Sensor Corporation and Stubbs Collections
Inc. filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Proposed
Lead Case No. 15-12080) on Oct. 8, 2015.  The petition was signed
by David M. Baker as chief restructuring officer.  Judge Kevin
Gross is assigned to the case.

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

The Debtors have engaged Pachulski Stang Ziehl & Jones LLP as
counsel, Piper Jaffray Co. as investment banker and Kurtzman Carson
Consultants as claims and noticing agent.

MLC was a manufacturer and supplier of outdoor and landscape
lighting products, such as solar and low voltage lights and home
security lights, including the parts and accessories associated
with these products.

ODC was a manufacturer and supplier of a variety of consumer goods,
including (a) outdoor cooking products, such as outdoor gas grills,
charcoal grills, smokers and fryers, (b) hand held lighting
products, such as flashlights and spotlights, (c) landscape
lighting products, and (d) parts and accessories associated with
the foregoing products.

MLC and ODC are currently winding down operations as a result of
the termination of a business relationship with principal customer,
Home Depot.

NCOC is a manufacturer and supplier of both branded and private
label pet bedding and pet accessory products.  NCOC manufactures
beds, accessories, and deodorizers for dogs as well as beds,
scratching posts, and toys for cats.  In addition, NCOC markets and
sells boat covers manufactured primarily from Chinese suppliers.



MIDSTATE MILLS: Georgia State Suit Can Proceed
----------------------------------------------
The case captioned In re: MIDSTATE MILLS, INC., Chapter 7 Debtor,
CASE NO. 13-50033 (Bankr. W.D.N.C.), Judge Laura T. Beyer of the
United States Bankruptcy Court for the  Western District of North
Carolina issued an order granting in part and denying in part the
motion to enforce an order approving a settlement.

In the motion to enforce, Branch Banking and Trust Company, et al.,
(the "Georgia Defendants") seek to have the Bankruptcy Court
enforce its January 16, 2014 Order Granting Trustee's Motion for
Approval of Settlement with Georgia Defendants and enjoin Steven D.
Arndt, et al. (the "Georgia Plaintiffs") from prosecuting a
complaint filed in the Superior Court of Houston County, Georgia,
against the Georgia Defendants on September 4, 2014 or otherwise
taking steps to assert claims released by the Georgia Defendants'
Settlement Order.

In an Order dated September 15, 2015 available at
http://is.gd/IiS655from Leagle.com, Judge Beyer:

   (1) denied the Motion to Enforce with respect to Counts 1-7 and
       10 of the Second Georgia Complaint, and the Georgia
       Plaintiffs may continue to pursue those claims;

   (2) granted the Motion to Enforce with respect to Counts 8 and
       9 of the Second Georgia Complaint, and the Georgia
       Plaintiffs are prohibited from pursuing those claims;

   (3) gave the Georgia Plaintiffs time to withdraw Counts 8 and 9
       of the Second Georgia Complaint, failure of which will be a
       ground for contempt; and

   (4) directed each party to bear its own costs incurred in
       connection with the Motion to Enforce.

The Debtor is represented by:

         Andrew T. Houston, Esq.
         Travis W. Moon, Esq.
         Richard S. Wright, Esq.
         MOON WRIGHT & HOUSTON, PLLC
         227 West Trade Street, Suite 1800,
         Charlotte, NC 28202
         Phone: 704.944.6560
         Fax: 704.944.0380
         Email: ahouston@mwhattorneys.com
                rwright@mwhattorneys.com
                tmoon@mwhattorneys.com

Agrowstar, LLC, Petitioning Creditor, is represented by:

         Roy E. Barnes, Esq.
         John F. Salter, Esq.
         W. Matthew Wilson, Esq.
         THE BARNES LAW GROUP LLC
         31 Atlanta Street
         Marietta, GA 30060
         Phone: 770.BARNES LAW (227-6375)
         Fax: 770.BARNES FAX (227-6373)

            -- and –-

         Glenn C. Thompson, Esq.
         HAMILTON STEPHENS STEELE & MARTIN, PLLC
         201 South College Street, Suite 2020
         Charlotte, NC 28244
         Phone: 704.344.1117
         Fax: 704.344.1483
         Email: gthompson@lawhssm.com

Anna Cotten Wright, Trustee is represented by:

         Anna S. Gorman, Esq.
         Michael Leon Martinez
         GRIER, FURR, & CRISP PA
         101 North Tryon Street, Suite 1240
         Charlotte, NC 28246
         Tel: 704-375-3720
         Fax: 704-332-0215
         Email: agorman@grierlaw.com


MIDSTATES PETROLEUM: Eagle Lowers Stake to 28.6% as of Oct. 8
-------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, R/C IV Eagle Holdings, L.P., Riverstone/Carlyle Energy
Partners IV, L.P., and R/C Energy GP IV, LLC disclosed that as of
Oct. 8, 2015, they beneficially own 3,116,520 shares of common
stock of Midstates Petroleum Company, Inc. representing 28.6
percent of the shares outstanding.  

On Oct. 7, 2015, Eagle Holdings sold an aggregate of 50,133 shares
of Common Stock at a weighted average price of $6.00 pursuant to
Rule 144.  On Oct. 8, 2015, Eagle Holdings sold an aggregate of
88,103 shares of Common Stock at a weighted average price of $5.96
pursuant to Rule 144.

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

                        http://is.gd/PLA2bj

                About Midstates Petroleum Company

Midstates Petroleum Company, Inc. --
http://www.midstatespetroleum.com/-- is an independent exploration
and production company focused on the application of modern
drilling and completion techniques in oil and liquids-rich basins
in the onshore U.S. Midstates' drilling and completion efforts are
currently focused in the Mississippian Lime oil play in Oklahoma
and Anadarko Basin in Texas and Oklahoma.  The Company's operations
also include the upper Gulf Coast tertiary trend in central
Louisiana.

Midstates reported net income of $117 million on $794 million of
total revenues for the year ended Dec. 31, 2014, compared to a net
loss of $344 million on $470 million of total revenues for the year
ended Dec. 31, 2013.

As of Dec. 31, 2014, the Company had $2.47 billion in total assets,
$2 billion in total liabilities and $466 million in total
stockholders' equity.

The Company's independent auditor, Deloittee & Touche LLP, in
Houston, Texas, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2014,
citing that Midstates' projected debt covenant violation and
resulting lack of liquidity raise substantial doubt about its
ability to continue as a going concern.

                             *    *    *

Midstates Petroleum carries a 'B' corporate credit rating from
Standard & Poor's Ratings Services.

As reported by the TCR on April 8, 2013, Moody's Investors Service
affirmed Midstates Petroleum's 'B3' Corporate Family Rating.


MIDSTATES PETROLEUM: Eagle Stake Down to 29.9% as of Oct. 6
-----------------------------------------------------------
R/C IV Eagle Holdings, L.P., Riverstone/Carlyle Energy Partners IV,
L.P., R/C Energy GP IV, LLC disclosed in an amended Schedule 13D
filed with the Securities and Exchange Commission that as of Oct.
6, 2015, they beneficially owned 3,254,756 shares of common stock
of Midstates Petroleum Company, Inc. representing 29.9 percent
based on 10,889,453 shares of common stock outstanding as of Oct.
5, 2015.  

On Oct. 1, 2015, Eagle Holdings sold an aggregate of 30,889 shares
of Common Stock in open market transactions at a weighted average
price of $5.94 per share pursuant to Rule 144.  On Oct. 2, 2015,
Eagle Holdings sold an aggregate of 38,400 shares of Common Stock
in open market transactions at a weighted average price of $5.73
pursuant to Rule 144.  On Oct. 5, 2015, Eagle Holdings sold an
aggregate of 54,072 shares of Common Stock in open market
transactions at a weighted average price of $5.91 pursuant to Rule
144.  On Oct. 6, 2015, Eagle Holdings sold an aggregate of 163,548
shares of Common Stock in open market transactions at a weighted
average price of $5.99 pursuant to Rule 144.

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

                        http://is.gd/AdAf3P

                 About Midstates Petroleum Company

Midstates Petroleum Company, Inc. --
http://www.midstatespetroleum.com/-- is an independent exploration
and production company focused on the application of modern
drilling and completion techniques in oil and liquids-rich basins
in the onshore U.S. Midstates' drilling and completion efforts are
currently focused in the Mississippian Lime oil play in Oklahoma
and Anadarko Basin in Texas and Oklahoma.  The Company's operations
also include the upper Gulf Coast tertiary trend in central
Louisiana.

Midstates reported net income of $117 million on $794 million of
total revenues for the year ended Dec. 31, 2014, compared to a net
loss of $344 million on $470 million of total revenues for the year
ended Dec. 31, 2013.

As of Dec. 31, 2014, the Company had $2.47 billion in total assets,
$2 billion in total liabilities and $466 million in total
stockholders' equity.

The Company's independent auditor, Deloittee & Touche LLP, in
Houston, Texas, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2014,
citing that Midstates' projected debt covenant violation and
resulting lack of liquidity raise substantial doubt about its
ability to continue as a going concern.

                             *    *    *

Midstates Petroleum carries a 'B' corporate credit rating from
Standard & Poor's Ratings Services.

As reported by the TCR on April 8, 2013, Moody's Investors Service
affirmed Midstates Petroleum's 'B3' Corporate Family Rating.


MIDWAY GOLD: Has Until Jan. 18, 2016 to Propose Chapter 11 Plan
---------------------------------------------------------------
BankruptcyData reported that the U.S. Bankruptcy Court approved
Midway Gold's motion to further extend by three months the
exclusive period during which the Company can file a Chapter 11
plan and solicit acceptances thereof until Jan. 18, 2016, and March
21, 2016, respectively.  As previously reported, "These exclusivity
periods are an essential feature of the powers and advantages given
to a debtor to facilitate its reorganization efforts….  Although
the Debtors believe that they will be able to make additional
progress with their restructuring efforts if the extension is
granted, it is possible that further extensions may be necessary or
appropriate.  Accordingly, the Debtors respectfully reserve the
right to seek additional extensions of the Exclusivity Periods in
their discretion."

                        About Midway Gold

Midway Gold Corp., incorporated on May 14, 1996 under the laws of
the Province of British Columbia, Canada, is engaged in the
acquisition, exploration and development of mineral properties
located in the state of Nevada and Washington.

Midway Gold operates primarily through its wholly-owned subsidiary
located in the United States, Midway Gold US Inc.  The executive
offices are in Englewood, Colorado.  Midway US currently has one
gold producing property: the Pan gold mine located in White Pine
County, Nevada.  Midway also has gold properties which are
exploratory stage projects where gold mineralization has been
identified, such as the Tonopah project in Nye County, Nevada, the
Gold Rock project in White Pine County, Nevada, and the Golden
Eagle project in Ferry County, Washington.  Out of these projects,
a permitting process has been undertaken only for the Gold Rock
project.  Finally, Midway's Spring Valley property, another gold
property located in Pershing County, Nevada, is subject to a joint
venture with Barrick Gold Exploration Inc.

On June 22, 2015, Midway Gold US Inc. and 12 related entities,
including parent Midway Gold Corp. each filed a petition in the
U.S. Bankruptcy Court for the District of Colorado seeking relief
under Chapter 11 of the U.S. Bankruptcy Code.  The Debtors' cases
have been assigned to Judge Michael E. Romero.  

Judge Michael E. Romero directed the joint administration of the
cases under Case No. 15-16835.

The Debtors tapped Squire Patton Boggs (US) LLP as lead bankruptcy
counsel; Sender Wasserman Wadsworth, P.C., as special bankruptcy
and restructuring counsel; DLA Piper (Canada) LLP, as Canadian
bankruptcy counsel; Ernst & Young Inc., as information officer of
Canadian court; RBC Capital Markets, as investment banker; FTI
Consulting as financial advisor; and Epiq Solutions, as claims and
noticing agent.

Midway Gold Corp. disclosed $184 million in assets and $62.4
million in liabilities as of March 31, 2015.  Midway Gold US Inc.,
disclosed total assets of $2,461,673 and total liabilities of    
$122,448,181 as of the Chapter 11 filing.

In July, the U.S. Trustee overseeing the Debtors' cases appointed
seven creditors to serve on the official committee of unsecured
creditors.  The creditors are American Assay Laboratories, EPC
Services Company, InFaith Community Foundation, Jacobs Engineering
Group Inc., SRK Consulting (US) Inc., Sunbelt Rentals, and Boart
Longyear.  Gavin/Solmonese LLC serves as its financial advisor.



MILAGRO OIL: Plan Centered on $217M Deal Gets Green Light
---------------------------------------------------------
Jonathan Randles at Bankruptcy Law360 reported that a Delaware
bankruptcy judge on Oct. 8, 2015, approved Milagro Oil & Gas Inc.'s
Chapter 11 plan, which is centered on a $217 million deal shipping
its assets to White Oak Resources VI LLC.

The plan, approved by U.S. Bankruptcy Judge Kevin Gross,
contemplates the exchange of Milagro's oil and gas assets to White
Oak in exchange for $120 million in cash and $97 million in equity.
Like other U.S. energy producers, Milagro entered bankruptcy
earlier this year amid persistently low oil prices.

                          About Milagro Oil

Based in Houston, Texas, Milagro Oil & Gas, Inc. is an independent
oil and gas companies primarily engaged in the acquisition,
exploration, exploitation, development, production and sale of oil
and natural gas reserves.  Milagro's historic geographic focus has
been along the onshore Gulf Coast area, primarily in Texas,
Louisiana and Mississippi. Milagro has 1,200 wells in South Texas,
along the Gulf Coast and in Louisiana.

As of March 31, 2015, the book value of Milagro's total assets and
liabilities was approximately $390 million and $468 million,
respectively.  Milagro generated revenues of $153.1 million and
$23.5 million during the fiscal year ended Dec. 31, 2014 and the
three month period ended March 31, 2015, respectively.

On July 15, 2015, Milagro Oil & Gas, its parent Milagro Holdings,
LLC, and four affiliated entities each filed a voluntary petition
for relief under Chapter 11 of the United States Bankruptcy Code in
the United States Bankruptcy Court for the District of Delaware.
The cases are pending before the Honorable Kevin Gross and are
jointly administered under In re Milagro Holdings, Case No.
15-11520.

The Debtors tapped (i) Porter Hedges LLP as general counsel; (ii)
Young Conaway Stargatt & Taylor, LLP, as local counsel; (iii)
Zolfo Cooper, LLC, as restructuring advisors; and (iv) Prime Clerk
LLC as claims and noticing agent.

Noteholders that are parties to the RSA have tapped (i) Akin Gump
Strauss Hauer & Feld LLP, as legal counsel, (ii) Richards,
Layton & Finger, P.A., as Delaware legal counsel, and (iii)
Blackstone Advisory Partners L.P., as financial advisor.  Balmoral
Advisory Services LLC serves as financial advisor and investment
banker.


MMM HOLDINGS: Moody's Cuts Corporate Family Rating to Caa1
----------------------------------------------------------
Moody's Investors Service has downgraded MMM Holdings, LLC.'s
senior secured debt rating and corporate family rating (CFR) to
Caa1 from B2 and the insurance financial strength (IFS) rating of
MMM's regulated insurance subsidiary, MMM Healthcare, LLC. (MMM
Healthcare) to Ba3 from Ba2. The downgrades follow MMM Healthcare's
decision to not make the September 30, 2015 principal payment due
under its credit facility. The company is in the process of
renegotiating the terms of its credit facility and has entered into
a forbearance agreement with the creditors that expires on October
31, 2015. The outlook on the ratings remains negative.

RATINGS RATIONALE

Moody's stated that the downgrade and negative outlook reflect two
key issues: 1) the missed principal payment and the uncertainty of
the ongoing negotiations with creditors, and 2) the uncertainty
regarding the ability of the company to meet the regulatory
required NAIC risk-based capital (RBC) ratio of 200% of authorized
control level (ACL).

According to the rating agency, these credit issues were the result
of a combination of several adverse financial developments during
2014 and 2015. First, there was a loss of approximately 46,000
Medicare Advantage members in 2014 due to reductions in the
benefits MMM offered in its Medicare Advantage products, which were
prompted by decreased reimbursements from the government. Second,
the company breached a financial leverage covenant in the credit
agreement beginning in September 30, 2014 and continuing through
2015 as a result of lower EBITDA due to the declining reimbursement
rates. As a result, MMM is not able to access its $30 million
revolving credit facility. Third, the announced 2016 Medicare
Advantage reimbursement rates for Puerto Rico were significantly
lower than expected, with insurance companies projecting a decrease
of over 10%.

Moody's commented that the resolution of the negative outlook will
depend on the completion of negotiations with lenders to resolve
the financial covenant breach and missed principal payment, the
ability of the company to maintain the RBC ratio at 200% of ACL,
and the outlook for sustaining a profitable Medicare Advantage
business in Puerto Rico, which may hinge on the level of the 2017
reimbursement rates growth.

Somewhat offsetting these negative developments, Moody's noted that
MMM completed the acquisition of First Plus in 2014 which added
approximately 27,000 Medicare Advantage members. In addition, the
company has begun to implement the Reforma (Medicaid) contract in
two regions in Puerto Rico. While this business should provide
revenue and earnings diversification, maintaining a consistent
profit margin on Medicaid business in Puerto Rico has proven to be
challenging for other insurers in the past.

Moody's stated there would be positive pressure on the ratings if
the company: 1) is successful in renegotiating its Credit Agreement
with lenders, 2) meets regulatory requirements by maintaining an
NAIC risk-based capital (RBC) ratio of at least 200% of ACL, 3)
continues to produce EBITDA profit margins of at least 2% over the
next several quarters, and 4) if the 2017 Medicare Advantage
reimbursement rates in Puerto Rico are favorable.

However, the rating agency said that if 1) the company is unable to
renegotiate the Credit Agreement or incurs a substantial financial
penalty in connection with the breach of its financial covenant, or
2) the RBC ratio falls below the regulatory required minimum, or 3)
the company incurs substantial losses during the last two quarters
of 2015, then the ratings could be downgraded.

The principal methodology used in these ratings was US Health
Insurance Companies published in October 2014. Please see the
Credit Policy page on www.moodys.com for a copy of this
methodology.

The following ratings were downgraded, with a negative outlook:

  MMM Holdings, LLC. -- senior secured debt rating to Caa1 from B2,
long term corporate family rating to Caa1 from B2;

  MMM Healthcare, LLC. -- insurance financial strength rating to
Ba3 from Ba2.

InnovaCare, Inc., the parent company of MMM Holdings, is a
privately-owned company incorporated in Puerto Rico and
headquartered in Fort Lee, New Jersey. MSO of Puerto Rico, Inc. is
an independent unregulated subsidiary of MMM Holdings that provides
management support and services to the provider networks of MMM
Holding's regulated insurance subsidiaries (MMM Healthcare and PMC
Medicare Choice, LLC.). As of June 30, 2015, MMM Holdings reported
a stockholders' deficit of approximately $157 million. MMM's total
revenues for the first six months of 2015 were $1.1 billion with
approximately 503,000 Medicare and Medicaid members in Puerto
Rico.

Moody's insurance financial strength ratings are opinions of the
ability of insurance companies to pay punctually senior
policyholder claims and obligations.



MOBIVITY HOLDINGS: Amends 30.1 Million Shares Resale Prospectus
---------------------------------------------------------------
Mobivity Holdings Corp. filed with the Securities and Exchange
Commission an amended registration statement on Form S-1 relating
to shares of common stock of the Company that may be offered for
sale for the account of Sandor Capital Master Fund, Ballyshannon
Family Partnership, Porter Partners, LP, et al.  The Company
amended the Registration Statement to delay its effective date.

The selling stockholders may offer and sell from time to time up to
30,104,417 shares of the Company's common stock, which amount
includes 8,551,168 shares to be issued to the selling stockholders
only if and when they exercise warrants held by them.

Although the Company will incur expenses in connection with the
registration of the common stock, the Company will not receive any
of the proceeds from the sale of the shares of common stock by the
selling stockholders.  The Company will receive gross proceeds of
up to $10,217,433 from the exercise of the warrants, if and when
they are exercised.

The Company's common stock is quoted on the OTC Markets under the
symbol "MFON".  The last reported sale price of the Company's
common stock as reported by the OTC Markets on July 2, 2015, was
$0.87 per share.

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

                       http://is.gd/YxSAKO

                     About Mobivity Holdings

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

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

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


MONTREAL MAINE: Insurer Reaches $3M to Settle Liability Dispute
---------------------------------------------------------------
Emily Field at Bankruptcy Law360 reported that Great American
Insurance Company on Oct. 7, 2015, agreed to pay out $3 million in
coverage to Montreal Maine & Atlantic Railway Ltd. to settle a
liability dispute arising from a fiery 2013 oil train derailment
that killed 47 people in the town of Lac-Megantic, Quebec.

The Chapter 11 trustee for the rail company, Robert J. Keach, said
that the parties had reached a compromise that the insurer will pay
out $3 million, or 60% of the maximum limit of its directors',
officers', and insured entity.

                       About Montreal Maine

Montreal, Maine & Atlantic Railway Ltd., operated the train that
derailed and exploded in July 2013, killing 47 people and
destroying part of Lac-Megantic, Quebec.

The Company sought bankruptcy protection (Bankr. D. Maine Case No.
13-10670) on Aug. 7, 2013, with the aim of selling its business.
Its Canadian counterpart, Montreal, Maine & Atlantic Canada Co.,
meanwhile, filed for protection from creditors in Superior Court of
Quebec in Montreal.

Robert J. Keach, Esq., at Bernstein, Shur, Sawyer, and Nelson,
P.A., serves as Chapter 11 trustee.  Michael A. Fagone, Esq., and
D. Sam Anderson, Esq. serves as his counsel.  Development
Specialists, Inc., serves as his financial advisor; and Gordian
Group, LLC, serves as his investment banker.

Bankruptcy Judge Louis H. Kornreich presides over the U.S. case.
The law firm of Verrill Dana represents the Debtor in its
restructuring effort.

Justice Martin Castonguay oversees the case in Canada.  Andrew
Adessky at Richter Consulting was named CCAA monitor.  The CCAA
Monitor is represented by Sylvain Vauclair at Woods LLP.  MM&A
Canada is represented by Patrice Benoit, Esq., at Gowling LaFleur
Henderson LLP.

The U.S. Trustee appointed a four-member official committee of
derailment victims.  The Official Committee is represented by
Richard P. Olson, Esq., at Perkins Olson; and Luc A. Despins, Esq.,
at Paul Hastings LLP.

The unofficial committee of wrongful death claimants is represented
by George W. Kurr, Jr., Esq., at Gross, Minsky & Mogul, P.A.;
Daniel C. Cohn, Esq., at Murtha Cullina LLP; Peter J. Flowers,
Esq., at Meyers & Flowers, LLC; Jason C. Webster, Esq., at The
Webster Law Firm; and Mitchell A. Toups, Esq., at Weller, Green
Toups & Terrell LLP.

On Jan. 29, 2014, an ad hoc group of wrongful-death claimants
submitted a plan, which would give 75% of the $25 million in
available insurance to the families of those who died after an
unattended train derailed in Lac-Megantic, Quebec, in July.

Montreal, Maine & Atlantic Canada Co. ("MMA Canada"), the Canadian
unit of Chapter 11 debtor Montreal, Maine & Atlantic Railway Ltd.
("MMA"), on July 20, 2015, filed a Chapter 15 bankruptcy petition
(Bankr. D. Maine Case No. 15-20518) in Portland, Maine, to seek
recognition and enforcement in the U.S. of the order by the Quebec
Court approving MMA Canada's plan to pay off victims of the July
2013 derailment.



MONTREAL MAINE: U.S. Judge Approves Plan, $343-Mil. Deal
--------------------------------------------------------
Patrick Fitzgerald and David George-Cosh, writing for Dow Jones'
Daily Bankruptcy Review, reported that more than two years after a
train laden with crude oil derailed in Canada, killing 47 people
and destroying part of small town in Quebec, a U.S. judge approved
the railway's multimillion-dollar bankruptcy-exit plan and cleared
the way for victims begin receiving payment from a $343 million
fund.

According to the report, Judge Peter G. Cary of U.S. Bankruptcy
Court in Bangor, Maine, on Oct. 9 approved Montreal, Maine &
Atlantic Railway 's bankruptcy-exit plan, day after a Canadian
judge gave conditional approval to the plan, which earmarks about
$86 million to families of those who died from the explosive
crash.

As previously reported by The Troubled Company Reporter, final
confirmation of a $338 million settlement for victims of an oil
train derailment that claimed 47 lives in Quebec was delayed on
Sept. 24, 2015, to give the lone party that opposes the plan
additional time to reach an agreement on terms to join the
settlement or withdraw its objection.  Canadian Pacific will let
the settlement move forward by dropping its opposition if it can
come to terms with the U.S. bankruptcy trustee, the TCR report
said.

The settlement plan, which was worth $446 million in Canadian
dollars, was negotiated with about two dozen parties with
potential
liability after a runaway train with 72 oil tankers derailed on
July 6, 2013, in Lac Megantic, Quebec.  The exploding tankers
triggered raging fires that destroyed more than 40 buildings.

Canadian Pacific, which contended it bore no responsibility for
the
disaster, was the sole party with potential liability to decline
to
contribute to the settlement, which included about $83 million to
settle wrongful death claims.

The railroad contended the plan would hamper its ability to defend
itself from lawsuits because the agreement provided legal immunity
to settlement participants.

                   About Montreal Maine

Montreal, Maine & Atlantic Railway Ltd., operated the train that
derailed and exploded in July 2013, killing 47 people and
destroying part of Lac-Megantic, Quebec.

The Company sought bankruptcy protection (Bankr. D. Maine Case No.
13-10670) on Aug. 7, 2013, with the aim of selling its business.
Its Canadian counterpart, Montreal, Maine & Atlantic Canada Co.,
meanwhile, filed for protection from creditors in Superior Court
of
Quebec in Montreal.

Robert J. Keach, Esq., at Bernstein, Shur, Sawyer, and Nelson,
P.A., serves as Chapter 11 trustee.  Michael A. Fagone, Esq., and
D. Sam Anderson, Esq. serves as his counsel.  Development
Specialists, Inc., serves as his financial advisor; and Gordian
Group, LLC, serves as his investment banker.

Bankruptcy Judge Louis H. Kornreich presides over the U.S. case.
The law firm of Verrill Dana represents the Debtor in its
restructuring effort.

Justice Martin Castonguay oversees the case in Canada.  Andrew
Adessky at Richter Consulting was named CCAA monitor.  The CCAA
Monitor is represented by Sylvain Vauclair at Woods LLP.  MM&A
Canada is represented by Patrice Benoit, Esq., at Gowling LaFleur
Henderson LLP.

The U.S. Trustee appointed a four-member official committee of
derailment victims.  The Official Committee is represented by
Richard P. Olson, Esq., at Perkins Olson; and Luc A. Despins,
Esq.,
at Paul Hastings LLP.

The unofficial committee of wrongful death claimants is
represented
by George W. Kurr, Jr., Esq., at Gross, Minsky & Mogul, P.A.;
Daniel C. Cohn, Esq., at Murtha Cullina LLP; Peter J. Flowers,
Esq., at Meyers & Flowers, LLC; Jason C. Webster, Esq., at The
Webster Law Firm; and Mitchell A. Toups, Esq., at Weller, Green
Toups & Terrell LLP.

On Jan. 29, 2014, an ad hoc group of wrongful-death claimants
submitted a plan, which would give 75% of the $25 million in
available insurance to the families of those who died after an
unattended train derailed in Lac-Megantic, Quebec, in July.

Montreal, Maine & Atlantic Canada Co. ("MMA Canada"), the Canadian
unit of Chapter 11 debtor Montreal, Maine & Atlantic Railway Ltd.
("MMA"), on July 20, 2015, filed a Chapter 15 bankruptcy petition
(Bankr. D. Maine Case No. 15-20518) in Portland, Maine, to seek
recognition and enforcement in the U.S. of the order by the Quebec
Court approving MMA Canada's plan to pay off victims of the July
2013 derailment.


MONTREAL MAINE: Victims Committee Supports Trustee's Plan
---------------------------------------------------------
Robert J. Keach, the Chapter 11 trustee for Montreal Maine &
Atlantic Railway, withdrew his motion to disband the official
committee of victims on ground that the victims committee and its
counsel will:

   a) not oppose the revised first amended plan of liquidation
dated July 15, 2015 (Plan) as same will be modified to reflect the
stipulation, including section 5.10 of the Plan;

   b) not object to or seek to modify any provision of the plan, as
same will be modified to reflect this Stipulation, including
section 5.10 of the Plan;

   c) not represent any person or entity in a proceeding, or,
directly or indirectly solicit any holder of a derailment claim or
such holder's representatives, including the class representatives
and class counsel or their representatives, to (i) initiate a
Proceeding as defined in section 5.10 of the Plan, whether in the
United States, Canada or elsewhere, or (ii) object or otherwise
seek to modify the plan, including section 5.10 thereof; and,
provided further, shall not participate in such a proceeding unless
(i) ordered by the tribunal to do so or (ii) such person is
prosecuting a proceeding on his or her own behalf, in such
person’s individual capacity; and

   d) not make any further appearances in the Companies' Creditors
Arrangement Act Case with respect to matters related to section
5.10 of the plan and any "Proceeding", whether by filing papers or
making a statement on the record, or otherwise seek to intervene in
the CCAA Case or any ancillary hearings or appeals taken therefrom
with respect to the Settled Matters, unless otherwise authorized by
the Trustee.

The victims committee retained as counsel:

   Luc A. Despins, Esq.
   PAUL HASTINGS LLP
   75 East 55th Street
   New York, NY 10022
   Tel: (212) 318-6001
   Fax: (212) 230-7771
   Email: lucdespins@paulhastings.com

                   About Montreal Maine

Montreal, Maine & Atlantic Railway Ltd., operated the train that
derailed and exploded in July 2013, killing 47 people and
destroying part of Lac-Megantic, Quebec.

The Company sought bankruptcy protection (Bankr. D. Maine Case No.
13-10670) on Aug. 7, 2013, with the aim of selling its business.
Its Canadian counterpart, Montreal, Maine & Atlantic Canada Co.,
meanwhile, filed for protection from creditors in Superior Court
of
Quebec in Montreal.

Robert J. Keach, Esq., at Bernstein, Shur, Sawyer, and Nelson,
P.A., serves as Chapter 11 trustee.  Michael A. Fagone, Esq., and
D. Sam Anderson, Esq. serves as his counsel.  Development
Specialists, Inc., serves as his financial advisor; and Gordian
Group, LLC, serves as his investment banker.

Bankruptcy Judge Louis H. Kornreich presides over the U.S. case.
The law firm of Verrill Dana represents the Debtor in its
restructuring effort.

Justice Martin Castonguay oversees the case in Canada.  Andrew
Adessky at Richter Consulting was named CCAA monitor.  The CCAA
Monitor is represented by Sylvain Vauclair at Woods LLP.  MM&A
Canada is represented by Patrice Benoit, Esq., at Gowling LaFleur
Henderson LLP.

The U.S. Trustee appointed a four-member official committee of
derailment victims.  The Official Committee is represented by
Richard P. Olson, Esq., at Perkins Olson; and Luc A. Despins,
Esq.,
at Paul Hastings LLP.

The unofficial committee of wrongful death claimants is
represented
by George W. Kurr, Jr., Esq., at Gross, Minsky & Mogul, P.A.;
Daniel C. Cohn, Esq., at Murtha Cullina LLP; Peter J. Flowers,
Esq., at Meyers & Flowers, LLC; Jason C. Webster, Esq., at The
Webster Law Firm; and Mitchell A. Toups, Esq., at Weller, Green
Toups & Terrell LLP.

On Jan. 29, 2014, an ad hoc group of wrongful-death claimants
submitted a plan, which would give 75% of the $25 million in
available insurance to the families of those who died after an
unattended train derailed in Lac-Megantic, Quebec, in July.

Montreal, Maine & Atlantic Canada Co. ("MMA Canada"), the Canadian
unit of Chapter 11 debtor Montreal, Maine & Atlantic Railway Ltd.
("MMA"), on July 20, 2015, filed a Chapter 15 bankruptcy petition
(Bankr. D. Maine Case No. 15-20518) in Portland, Maine, to seek
recognition and enforcement in the U.S. of the order by the Quebec
Court approving MMA Canada's plan to pay off victims of the July
2013 derailment.


N&H INVESTMENTS: Bid to Withdraw Reference Mooted
-------------------------------------------------
Judge William J. Lafferty III of the United States Bankruptcy Court
for the Northern District of California, Oakland Division,
recommended that N&H Investments, LLC's motion to withdraw
reference of two adversary proceedings be taken off calendar by the
district court for being moot.

The Debtor has filed a motion asking the district court to withdraw
reference from the bankruptcy on the adversary proceedings styled
Hung Nguyen et al. v. John Till et al., Adv. Pro. No. 15-05050, and
Mimi Nguyen et al. v. Hung Nguyen et al., Adv. Case No. 15-05058.

Judge Lafferty said he dismissed the Debtor's Chapter 11 case as
not having been filed or prosecuted in good faith, and, finding
that there are no other basis asserted for federal jurisdiction
over the Adversary Proceedings other than an alleged relation to a
pending Chapter 11 bankruptcy case, there would be no continuing
basis for jurisdiction by a federal court once the bankruptcy case
were dismissed.

The bankruptcy case is In re N & H Investments LLC, Chapter 11,
Debtor, NO. 15-51552 (Bankr. N.D. Calif.).

The adversary proceeding is Mimi Nguyen, et al., Plaintiffs, v.
Hung Nguyen, et al., Defendants, ADV. PRO. NO. 15-05058 (Bankr.
N.D. Calif.).

A full-text copy of Judge Lafferty's recommendation dated September
4, 2015 is available at http://is.gd/Zk7wEyfrom Leagle.com.

Hung Nguyen, Defendant is represented by:

         Abe Gupta, Esq.
         THE AV LAW FIRM PC
         111 Deerwood Road, Suite 380
         San Ramon, CA 94583
         Telephone: (925) 217-4300
         Fax: (925) 217-4301

Barry Swenson Builder, Defendant is represented by:

         John R. Till, Esq.
         Kirk M. Tracy, Esq.
         PALADIN LAW GROUP, LLP
         Email: JTill@PaladinLaw.com
                KTracy@PaladinLaw.com


NEONODE INC: Estimates $2.9M to $3.1M Third Quarter Revenue
-----------------------------------------------------------
Neonode Inc announced its preliminary revenue for the third quarter
of 2015.

While the results for the quarter will not be final until earnings
are fully announced in November, management expects that Neonode's
revenue will range from $2.9 million to $3.1 million for the three
months ended Sept. 30, 2015, an increase of approximately 156% to
174% compared to the same period in 2014.

Neonode's expected third quarter 2015 revenue includes license fee
revenue estimated to range from $2.0 million to $2.1 million, an
increase of approximately 219% to 235% compared to same period in
2014, and non-recurring engineering (NRE) revenue estimated to
range from $0.9 million to $1.0 million, an increase of
approximately 78% to 98% compared to the same period in 2014.

In addition, Neonode announced that an All-in-One PC containing
Neonode's zForce technology completed a preproduction build in
Taiwan.  Neonode believes this All-in-One PC will be the first of
these large screen devices produced by an Original Equipment
Manufacturer (OEM) with Neonode technology to come to market.  "We
are pleased to have reached this important milestone for Neonode
and our All-in-One OEM customer," said Thomas Eriksson, Neonode's
chief executive officer.

                        About Neonode Inc.

Lafayette, Calif.-based Neonode Inc. (OTC BB: NEON)
-- http://www.neonode.com/-- provides optical touch screen
solutions for hand-held and small to midsize devices.

Neonode reported a net loss of $14.2 million in 2014, a net loss of
$13.08 million in 2013 and a net loss of $9.28 million in 2012.

As of June 30, 2015, the Company had $5.6 million in total assets,
$5.5 million in total liabilities and $131,000 in total
stockholders' equity.


NEONODE INC: Prices Public Offering of Common Stock
---------------------------------------------------
Neonode Inc. announced the pricing of an underwritten public
offering of 3,200,000 shares of common stock of the Company at a
price to the public of $1.90 per share.  The offering is expected
to close on or about Oct. 13, 2015, subject to the satisfaction of
customary closing conditions.

Per Bystedt (Chairman), Thomas Eriksson (Chief Executive Officer),
and Mats Dahlin, members of Neonode's Board of Directors, intend to
purchase an aggregate of $300,000 of shares of common stock from
the underwriter in the offering at the public offering price per
share.

Gross proceeds to the Company from the offering are expected to be
approximately $6.1 million.  Neonode anticipates using its net
proceeds from the offering primarily for general corporate
purposes, including capital expenditures and working capital.

Craig-Hallum Capital Group LLC acted as the sole book-running
manager for the offering.

                         About Neonode Inc.

Lafayette, Calif.-based Neonode Inc. (OTC BB: NEON)
-- http://www.neonode.com/-- provides optical touch screen
solutions for hand-held and small to midsize devices.

Neonode reported a net loss of $14.2 million in 2014, a net loss of
$13.08 million in 2013 and a net loss of $9.28 million in 2012.

As of June 30, 2015, the Company had $5.6 million in total assets,
$5.5 million in total liabilities and $131,000 in total
stockholders' equity.


NET ELEMENT: Signs Additional Letter Agreement with Investors
-------------------------------------------------------------
Net Element, Inc., on Oct. 7, 2015, entered into an Additional
Letter Agreement with certain accredited investors, which Agreement
modified the terms of the Letter Agreement with the Investors dated
Sept. 11, 2015, according to a regulatory filing with the
Securities and Exchange Commission.

Those modifications to the Letter Agreement are intended to be
effective as of Sept. 11, 2015, the same date as the effective date
of the Letter agreement.  Pursuant to the Additional Agreement,
each Investor and the Company agreed that the restricted shares of
Common Stock, issuable pursuant to the Letter Agreement, would be
not issued to such Investor until either (a) the approval of such
issuance by the Company's stockholders, in accordance with NASDAQ
Listing Rule 5635 within 120 days from the date of the Additional
Letter Agreement, and, (b) in the event that such stockholders
approval is not obtained within such 120 days, either (at each
Company Investor's option) (i) such restricted shares of Common
Stock per share purchase price will be deemed to be $0.20, in which
case the such Investor will have paid to the Company the difference
between the previously paid purchase price for such Investor's
portion of the restricted stock or (ii) the number of restricted
shares of Common Stock issuable to such Company Investor will have
been adjusted to reflect $0.20 per share price.  In addition, the
restricted shares of Common Stock allocated pursuant to the Letter
Agreement to be purchased by David Rozinov will be instead
allocated to Star Equities, LLC.

On Oct. 7, 2015, the Company entered into the Amended and Restated
Restricted Options to Purchase Shares of Restricted Common Stock
with the Investors (other than David Rozinov whose options to
purchase restricted shares of Common Stock were allocated to Star
Equities, LLC), modifying the options to purchase restricted shares
of the Company's common stock issued to the Investors pursuant to
the Letter Agreement.  Those modifications to the Original Options
are intended to be effective as of Sept. 11, 2015, the same date as
the date of the Original Options.  The Amended Options modified the
Original Options by providing that the options cannot be exercised,
and the Company will not issue shares of Common Stock in connection
with any such exercise, until and unless the Company's stockholders
shall have approved the issuance of shares of common stock in
connection with any such exercise or The NASDAQ has provided a
waiver of Listing Rule 5635.

                         About Net Element

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

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

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

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


NGL ENERGY: Fitch Affirms 'BB' Issuer Default Rating
----------------------------------------------------
Fitch Ratings has affirmed NGL Energy Partners LP's Issuer Default
Rating at 'BB'.  NGL's and NGL Energy Finance Corp.'s senior
unsecured offering have been affirmed at 'BB-'/RR5. The Rating
Outlook is Stable.

KEY RATING DRIVERS

The 'BB' IDR rating is supported by NGL's strategy to maintain
strong distribution coverage and operate diverse assets which are
located throughout the U.S.  The partnership has significantly
expanded in size and scale since its IPO over four years ago.  NGL
has significant senior secured debt ahead of its senior unsecured
debt and therefore, the senior unsecured debt is notched down one
from the IDR to 'BB-'.  The Recovery Rating is 'RR5'.

Concerns include the fact that NGL has grown quickly through
multiple acquisitions over a short period of time and leverage is
high.  Fitch believes that growth spending, including acquisitions,
will continue to be significant for NGL as it seeks to expand its
operations and increase distributions paid to unitholders.
Importantly, NGL management has a solid history of making
acquisitions.

Diverse Operations: NGL's assets are diverse and comprised of
liquids (approximately 20% of EBITDA excluding G&A for FY15), crude
oil logistics (15%), water solutions (27%), retail propane (21%),
and refined fuels and renewables (17%).  NGL's strategy is to focus
growth on crude logistics, water solutions and refined fuels and
renewables.  NGL also owns the general partner and 19.7% of the LP
units of TransMontaigne Partners LP (TransMontaigne).

Leverage: For the LTM ending June 30, 2015, NGL's adjusted leverage
(defined as debt less $257 million of TransMontaigne's debt to
adjusted EBITDA) was 5.8x.  This is above Fitch's prior
expectations following significant acquisition activity.  At the
end of FY15, leverage was 6.0x.  As new projects come online, Fitch
projects leverage to improve.  A significant project for NGL is the
Grand Mesa pipeline which is to be in service in September 2016 and
expected to generate $160 million of EBITDA a year, which should
reduce leverage to a range of 5 - 5.5x by the end of FY17. The
partnership's leverage could vary significantly depending on the
manner in which NGL funds spending.

KEY ASSUMPTIONS

Fitch's key assumptions within the rating case for NGL include:

   -- EBITDA growth at a significant pace following acquisitions
      and substantial growth spending;

   -- Acquisition activity is expected to continue;

   -- Distribution growth increases at a measured pace;

   -- Grand Mesa's EBITDA run rate meets management's expectations

      of $160 million a year once in service (September 2016).

   -- Fitch assumes primarily debt funding in FY16 for capital
      needs, and more balanced equity/debt funding in outer years.

RATING SENSITIVITIES

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

   -- Increase of size and scope of operations such that EBITDA
      exceeds $500 million while leverage is below 4.5x on a
      sustained basis;

   -- Fee-based arrangements accounting for greater than 60% of
      cash flows.

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

   -- Reduced liquidity;

   -- Deterioration of EBITDA;

   -- Significant increases in capital spending beyond Fitch's
      expectations or further acquisition activity that have
      negative consequences for the credit profile (e.g., if not
      funded with a balance of debt and equity);

   -- Increased adjusted leverage beyond 5.5x for a sustained
      period of time.

LIQUIDITY

NGL has a $2.296 billion secured bank facility which is now
comprised of a $1.038 billion working capital facility (which is
restricted by a borrowing base) and a $1.258 million expansion
facility.  NGL enhanced its liquidity position by amending the
facility to shift $400 million of the commitment from the working
capital facility to the acquisition facility.  The amendment was
effective July 31, 2015.  NGL's bank agreement extends through
2018.

On June 30, 2015 and before the shift in the allocation of lenders
commitments between the two facilities, the partnership had
borrowings of $717 million and $130 million of letters of credit on
the working capital facility which previously had a commitment of
$1.313 billion.  The expansion facility had borrowing of $890
million when its capacity was $983 million.  Cash on the balance
sheet was $44 million.

In addition to the bank agreement having borrowing base
restrictions on the working capital revolver, financial covenants
do not allow leverage (as defined by the bank agreement) to exceed
4.25x.  With permitted acquisitions, it temporarily increases to
4.5x.  In addition to the working capital borrowings and letters of
credit being excluded from the leverage calculation, NGL gets pro
forma EBITDA credit for acquisitions.  Pro forma EBITDA credit for
material projects or acquisitions is typical for MLP bank
agreements.

Fitch expects NGL will continue to generate credit ratios which
provide the company sufficient covenant cushion for the bank
agreement.  NGL does not have any debt maturities until 2018 when
the bank agreement expires.  With access to capital markets and
availability on the revolver, Fitch expects NGL to have adequate
liquidity to meet its spending needs.

Fitch affirms these:

NGL Energy Partners LP
   -- IDR at 'BB';
   -- Senior Unsecured at 'BB-'/RR5.

NGL Energy Finance Corp.
   -- Senior Unsecured at 'BB-'/RR5.

The Rating Outlook is Stable.



NORTH AMERICAN HEALTH: Bid to Transfer Qui Tam Suit Venue Denied
----------------------------------------------------------------
Judge William H. Orrick of the United States District Court for
Northern District of California denied the motion of North American
Health Care, Inc., to transfer a qui tam suit to the Central
District of California.

A qui tam action alleging violations of the Federal, Washington,
and California False Claims Acts and the California Labor Code and,
asserted a wrongful discharge cause of action was originally filed
in the Eastern District of California.  In May of 2014, the United
States Attorney's Office for the Northern District of California
moved to transfer the case from the Eastern District of California
to the Northern District of California based upon an ongoing
investigation involving the same conduct of North American Health
Care, et al.  The motion was granted.

The Defendants then moved to transfer the case to the Central
District of California asserting that no defendant is located in
the Northern District, the allegations in the Complaint have no
connection with this district, all of the potential witnesses
reside in the Central District, and defendant North American
Healthcare is currently in Chapter 11 bankruptcy proceedings in the
Central District.

Judge Orrick court ruled that the Defendants failed to overcome the
burden of providing strong showing of inconvenience to warrant
upsetting the plaintiff's choice of forum and grant of said
motion.

The case is UNITED STATES OF AMERICA, et al., Plaintiffs, v. NORTH
AMERICAN HEALTH CARE, INC., et al., Defendants, Case No.
14-CV-02401-WHO (N.D. Calif.).

A full-text copy of Judge Orrick's Order dated September 4, 2015,
is available at http://is.gd/TZ8mwAfrom Leagle.com.

Plaintiff is represented by:

         C. Brooks Cutter, Esq.
         The Office of Ed Dudensing, Attorney at Law
         1414 K Street, Suite 470
         Sacramento, CA 95814
         Phone: 916.448.6400
         Fax: 916.448.6401

            -- and --

         John R. Parker Jr., Esq.
         KERSHAW CUTTER & RATINOFF, LLP
         401 Watt Avenue
         Sacramento, CA 95864
         Phone:(916) 448-9800
         Toll Free: (888) 285-3333
         Fax: (916) 669-4499
         Email: jparker@kcrlegal.com

Gioconda R. Molinari, U.S. Attorney's office

Defendant is represented by:

         Jason de Bretteville, Esq.
         Bradley Edward Marrett, Esq.
         Justin Nathanael Owens, Esq.
         STRADLING YOCCA CARLSON RAUTH PC
         500 Capitol Mall, Suite 1120
         Sacramento, CA 95814
         Phone: (916) 449-2350
         Fax: (916) 441-2034
         Email: jdebretteville@sycr.com
                bmarrett@sycr.com
                jowens@sycr.com

            -- and --

         Krikor John Meshefejian, Esq.
         David Lawrence Neale, Esq.
         LEVENE, NEALE, BENDER, YOO, BRILL L.L.P
         10250 Constellation Boulevard, Suite 1700
         Los Angeles, CA 90067
         Tel: 310.229.1234
         Fax: 310.229.1244
         Email: kjm@lnbyb.com
                dln@lnbyb.com

John Sorenson, Defendant is represented by:

         Jason de Bretteville, Esq.
         Bradley Edward Marrett, Esq.
         Justin Nathanael Owens, Esq.
         STRADLING YOCCA CARLSON RAUTH PC
         500 Capitol Mall, Suite 1120
         Sacramento, CA 95814
         Phone: (916) 449-2350
         Fax: (916) 441-2034
         Email: jdebretteville@sycr.com
                bmarrett@sycr.com
                jowens@sycr.com

North American Health Care, Inc., is a nursing home headquartered
in Dana Point, California.  It operates more than 30 homes in
California and other Western states.  North American Health Care,
Inc., filed a voluntary petition under Chapter 11 of the
Bankruptcy
Code (Bankr. C.D. Cal. Case No. 15-10610) on Feb. 6, 2015.  The
Hon. Mark S Wallace presides over the Chapter 11 case.  David L.
Neale, Esq., at Levene, Neale, Bender, Yoo & Brill LLP, serves as
counsel to the Debtor.  In its petition, the Debtor estimated $1
million to $10 million in both assets and liabilities.  The
petition was signed by John L. Sorensen, president and chief
executive officer.  A list of the Debtor's 15 largest unsecured
creditors is available for free at
http://bankrupt.com/misc/cacb15-10610.pdf


OPTIMUMBANK HOLDINGS: Fails to Regain Compliance with Nasdaq Rule
-----------------------------------------------------------------
The staff of The Nasdaq Stock Market notified OptimumBank Holdings,
Inc. on April 2, 2015, that the bid price of its common stock had
closed at less than $1 per share over the previous 30 consecutive
business days, and, as a result, did not comply with Nasdaq Listing
Rule 5550(a)(2).  In accordance with Listing Rule 5810(c)(3)(A),
the Company was provided 180 calendar days, or until Sept. 29,
2015, to regain compliance with the Rule.

On Oct. 2, 2015, the Company received a letter from the staff at
Nasdaq notifying the Company that it had not regained compliance
with the Rule and was not eligible for a second 180 day period.
Specifically, Nasdaq further informed the Company that it was not
able to comply with the stockholders' equity initial listing
requirement for The Nasdaq Capital Market.

Based on the foregoing, unless the Company requests an appeal of
Nasdaq's determination, the Company's common stock will be
scheduled for delisting from The Nasdaq Capital Market.

The Company plans to appeal Nasdaq's determination.  The Company
plans to regain compliance with the Nasdaq listing requirements by
effecting a reverse stock split.

The Company's appeal will stay the delisting of the Company's
common stock.

"There can be no assurance that the Company's appeal will be
successful, that any plan to be submitted by the Company will be
accepted, or that the Company will be able to regain or maintain
compliance with the requirements for continued listing under the
Nasdaq Listing Rules.  There can be no assurance that the Company
will maintain its Nasdaq listing," the Company said in a regulatory
filing.

                     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.


PAINT FACTORY: Ex-Worker May Pursue Federal Employment Claims
-------------------------------------------------------------
Judge Sarah S. Vance of the United States District Court for the
Eastern District of Louisiana granted Ralph Malbrough's motion to
lift the automatic stay imposed in the Chapter 11 cases of Stanley
of New Orleans, LLC, The Paint Factory, and Scott Boswell
Enterprises so he can liquidate his federal employment claims
against these companies.

Mr. Malbrough filed an employment suit against his employers.
Stanley and The Paint Factory claimed that they are Debtors in
on-going Chapter 11 proceedings and cannot be subject to the suit
unless their bankruptcy cases are resolved.  The District Court
ordered the manner administratively stayed as to Stanley and The
Paint Factory.  The Plaintiff filed an amended complaint to include
Scott Boswell as defendant in his employment, the latter of which
is also a debtor in the on-going bankruptcy case.  The Plaintiff
then moved the court to lift the automatic stay so he can liquidate
his claims against the defendants.  The defendants did not oppose,
accordingly, the Court granted the Plaintiff's motion.

The case is captioned Ralph Malbrough v. Scott Boswell Enterprises,
et al, Civil Action No. 14-2321 (E.D. La.).

A full-text copy of Judge Vance's Order and Reasons dated September
2, 2015, is available at http://is.gd/bpm70rfrom Leagle.com.

Plaintiff is represented by:

         Alex J. Peragine, Esq.  
         Christa Hayes Forrester, Esq.
         PERAGINE & LORIO, LLC
         527 East Boston Street, Suite 201
         Covington, LA 70433
         Phone: 985-292-3500
         Fax: 985-292-3501

The Paint Factory, L.L.C., sought protection under Chapter 11 of
the Bankruptcy Code on June 12, 2014 (Bankr. E.D. La., Case No.
14-11508).  The bankruptcy case is assigned to Judge Elizabeth W.
Magner).  The Debtor's counsel is Christopher T. Caplinger, Esq.,
at Lugenbuhl, Wheaton, Peck, Rankin & Hubbard, in New Orleans,
Louisiana.  A list of the Debtor's 20 largest unsecured creditors
is available for free at http://bankrupt.com/misc/laeb14-11508.pdf


PATRIOT COAL: Reaches $50M to Cover Environmental Cleanup Duties
----------------------------------------------------------------
Kat Greene at Bankruptcy Law360 reported that Patriot Coal Corp.
has reached a deal to set aside more than $50 million to cover the
bankrupt coal company's environmental cleanup responsibilities in
West Virginia, including keeping some of the company's union and
nonunion miners employed, the state's Department of Environmental
Protection said on Oct. 6, 2015.

Patriot had proposed a plan in June in which it would sell the bulk
of its ongoing operations to Blackhawk Mining LLC, but that would
have left behind its environmental legacy sites -- including
several mining sites in West Virginia —...

In a separate filing, ABI.org reported that the Debtor continued to
negotiate with creditors and postponed a key bankruptcy court
hearing until Oct. 7, to try to reach a deal.

                        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.

                        *     *     *

Patriot Coal on Sept. 22, 2015, 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.


PESCRILLO NEW YORK: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: Pescrillo New York, LLC
        714 W Market Street
        Niagra Falls, NY 14301

Case No.: 15-74305

Chapter 11 Petition Date: October 8, 2015

Court: United States Bankruptcy Court
       Eastern District of New York (Central Islip)

Judge: Hon. Robert E. Grossman

Debtor's Counsel: Fred S Kantrow, Esq.
                  THE LAW OFFICES OF AVRUM J. ROSEN, PLLC
                  38 New Street
                  Huntington, NY 11743
                  Tel: (631) 423-8527
                  Fax: (631) 423-4536
                  Email: fskantrow@gmail.com

Total Assets: $3 million

Total Liabilities: $2.2 million

The petition was signed by Ralph T. Pescrillo, managing member.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/nyeb15-74305.pdf


PHILADELPHIA CORP: Moody's Cuts 2001A Revenue Bonds to Ba3
----------------------------------------------------------
Moody's Investors Service downgrades to Ba3 from Baa2 the rating on
Philadelphia Corporation for Aging, PA's Series 2001A (taxable) and
2001B (tax-exempt) revenue bonds. The rating is placed under review
for downgrade. The bonds, which mature in 2031, were issued through
the Philadelphia Authority for Industrial Development.

SUMMARY RATING RATIONALE

The downgrade to Ba3 reflects Philadelphia Corporation for Aging's
(PCA) rapidly deteriorating liquidity. The magnitude of the
downgrade incorporates a prolonged delay in payments from the
Commonwealth of Pennsylvania combined with management's inaction in
right-sizing expenses to match cash flow. PCA has exhausted its own
liquidity, has fully drawn on its available $10 million line of
credit, and its ability to access other alternative sources of
liquidity is uncertain. Covenants embedded in bond documents limit
PCA's ability to incur more than $4 million of additional
short-term debt, limiting options in the face of ongoing state
payment delays.

The absence of interim financial support from the commonwealth
during the budget impasse highlights PCA's high dependency on the
commonwealth and the relative funding prioritization of the Area
Agencies for Aging such as PCA within the state.

OUTLOOK

The rating is on review for downgrade based on ongoing uncertainty
regarding PCA's ability to secure alternate sources of liquidity,
willingness to right-size its expenses and ability to meet accrued
expenses. As the commonwealth's budget delay continues, PCA's
liquidity crisis will deepen. A downgrade could be multi-notch.

Our review will focus on management's plan to address its liquidity
needs, including ability to execute on a contemplated $4 million
increase in its line of credit. The results of an expected real
estate appraisal of PCA's facilities will also inform our analysis
of the organization's assets.



PHOENIX COYOTES: Ex-Owner Slams NHL's Claims Over Reorganization
----------------------------------------------------------------
Jeff Zalesin at Bankruptcy Law360 reported that former Phoenix
Coyotes team owner Jerry Moyes and his wife said on Oct. 5, 2015,
that an Arizona federal judge should back a bankruptcy court's
finding that the NHL can't keep pursuing roughly $120 million for
claims stemming from the Coyotes' reorganization, in part because
bankruptcy preemption bars some claims.

Jerry and Vickie Moyes said that U.S. Bankruptcy Judge Redfield T.
Baum got it right in January, when he recommended throwing out most
of what remained of the NHL's suit, including claims for attorneys'
fees and creditor payments.

                    About the Phoenix Coyotes

The Phoenix Coyotes -- http://www.PhoenixCoyotes.com-- are one of
30 teams that play in the National Hockey League.  The Coyotes are
based in Glendale, Arizona and play their home games at Jobing.com
Arena.  The Coyotes have qualified for the playoffs for the past
three years and in 2011-12, the team won the Pacific Division
title and reached the Western Conference Final for the first time
in franchise history. On the ice, the Coyotes are led by Captain
Shane Doan, goaltender Mike Smith and standout defensemen Keith
Yandle and Oliver Ekman-Larsson. Off the ice, the club is a model
of consistency under the guidance of President & COO Mike Nealy,
General Manager Don Maloney (2009-10 GM of the Year), and Head
Coach Dave Tippett (2009-10 Jack Adams Award winner as the NHL's
top coach).

                        About Coyotes Hockey

Dewey Ranch Hockey LLC, Arena Management Group, LLC, Coyotes
Holdings, LLC, and Coyotes Hockey, LLC -- owners and affiliates of
the Phoenix Coyotes team of the National Hockey League -- filed
for Chapter 11 protection (Bankr. D. Ariz. Case No. 09-09488) on
May 5, 2009.  The Debtors were represented by Squire, Sanders &
Dempsey, LLP, in Phoenix, and estimated their assets and debts to
be between $100 million and $500 million.

In the third quarter of 2009, Judge Redfield T. Baum approved the
sale of the Phoenix Coyotes to the National Hockey League, which
acquired the team to quash a plan by Research-In-Motion founder
Jim Balsillie to move the team to Ontario, Canada.  Coyotes Hockey
was sent to Chapter 11 to effectuate a sale by owner Jerry Moyes
to Mr. Balsillie.  The NHL acquired the team for $140 million in
October 2009 and said it wants to sell the team for $170 million.

The city of Glendale, Arizona, owns Jobing.com Arena, where the
team plays.

In September 2010, the Bankruptcy Court rejected a motion to
impose a trustee or convert the case to a Chapter 7 liquidation.



PIEDMONT CENTER: Bank's Summary Judgment Bid Partially Granted
--------------------------------------------------------------
Judge Jackson L. Kiser of the United States District Court for the
Western District of Virginia, Danville Division, granted in part
and denied in part the motion for summary judgment filed by Bank of
North Carolina in the case captioned River Community Bank, N.A.,
Plaintiff, v. Bank Of North Carolina, Successor By Merger To
Keysource Commercial Bank, Defendant, Case No. 4:14-CV-00048 (W.D.
Va.).

River Community is a national banking association with its
principal place of business in Martinsville, Virginia.  BNC is a
North Carolina state-chartered bank with its principal place of
business in High Point, North Carolina.  KeySource was a North
Carolina state-chartered bank located in Durham, North Carolina.
By virtue of a merger, BNC acquired KeySource on September 14,
2012, and became KeySource's successor in interest.

On March 31, 2014, River filed suit against BNC in state court,
alleging that KeySource/BNC breached the warranties of the
Agreement (Count I) and breached the implied duties of good faith
and fair dealing (Count II).  River also sought attorney's fees and
costs (Count III).  On October 24, 2014, BNC removed the action to
the District Court.  On October 31, 2014, BNC filed a Rule 12(b)(2)
motion to dismiss for lack of personal jurisdiction or, in the
alternative, motion to transfer.  Judge Kiser denied that motion on
December 18, 2014.  On February 18, 2015, BNC filed a Motion for
Partial Judgment on the Pleadings, pursuant to Rule 12(c). After
mediation was unsuccessful, Judge Kiser granted that motion in
part.  Judge Kiser entered judgment for BNC on Count III, but
stayed imposition of the ruling as to Count I to allow for an
adequate assessment of River's claim that equitable estoppel barred
BNC's statute of limitations defense.  River filed an Amended
Complaint, which added facts it contended equitably estopped BNC
from asserting the statute of limitations and added a new count,
negligent misrepresentation (Count IV).  BNC has now moved for
summary judgment on Count II and River's equitable estoppel
argument.

Because a factfinder could conclude that River reasonably relied on
BNC's assertion that it would be "made whole," summary judgment is
not appropriate on River's claim of equitable estoppel, Judge Kiser
ruled.  Summary judgment is appropriate on Count II, however,
because the Record establishes that River was aware of BNC's
actions regarding the asset purchase and the property sale and
acquiesced to BNC's actions, Judge Kiser further ruled.  BNC's
actions did not violate the covenant of good faith and fair
dealing, Judge Kiser held.

A full-text copy of Judge Kiser's memorandum opinion dated
September 11, 2015, is available at http://is.gd/XA65hmfrom
Leagle.com

River Community Bank, N.A., Plaintiff is represented by:

         Erin Boyd Ashwell, Esq.
         Mark D. Loftis, Esq.
         WOODS ROGERS PLC
         341 Main Street, Suite 302
         Danville, VA 24541
         Tel: (434) 797-8200
         Fax: (434) 797-8214
         Email: eashwell@woodsrogers.com
          loftis@woodsrogers.com

Bank of North Carolina, Defendant is represented by:

         Benjamin Raymond Norman, Esq.
         Reid Lloyd Phillips, Esq.
         BROOKS, PIERCE, MCLENDON, HUMPHREY & LEONARD, LLP
         230 North Elm Street
         2000 Renaissance Plaza
         Greensboro, NC 27401
         Phone: 336.373.8850
         Fax: 336.378.1001
         Email: bnorman@brookspierce.com
          rphillips@brookspierce.com

            -- and --

         Kevin Walker Holt, Esq.
         GENTRY LOCKE RAKES & MOORE
         10 Franklin Road S.E., Suite 900
         Roanoke, VA 24011
         Tel: 540.983.9300
         Fax: 540.983.9400
         Email: holt@gentrylocke.com

                 About Piedmont Center Investments

Raleigh, North Carolina-based Piedmont Center Investments, LLC,
owns, leases, and manages seven shopping centers located in (i)
Graham, Alamance County, North Carolina; (ii) Mebane, Alamance
County, North Carolina; (iii) Pittsboro, Chatham County, North
Carolina; (iv) Gibsonville, Guilford County, North Carolina; (v)
Murfreesboro, Hertford County, North Carolina; (vi) Nashville,
Nash County, North Carolina; and (vii) Roxboro, Person County,
North Carolina.

Manager and part-owner Roger Camp signed a Chapter 11 petition
for Piedmont Center Investments, LLC (Bankr. E.D.N.C. Case No.
11-06178) on Aug. 11, 2011.  Trawick H. Stubbs, Jr., Esq., at
Stubbs & Perdue, P.A., in New Bern, North Carolina, serves as
counsel to the Debtor.  In its schedules, the Debtor disclosed
$27.2 million in assets and $15.5 million in liabilities.

The Debtor's two primary secured creditors are Business Partners,
LLC, and KeySource Commercial Bank.  Counsel for KeySource are
James B. Angell, Esq., and Nicolas C. Brown, Esq., at Howard,
Stallings, From & Hutson, P.A.

The Honorable J. Rich Leonard appointed John A. Northen, Esq. as
Chapter 11 trustee in September 2011.  Lehman Pollard of Nelson &
Company, PA, serves as trustee's accountant.

The Bankruptcy Administrator sought a Chapter 11 trustee, citing
that in August 2011, federal grand jury in the Eastern District of
North Carolina indicted Piedmont's Roger van Santvoord Camp on
fifteen felony counts related to bank fraud, false statements, and
identity theft.


PIONEER ROOFING: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Pioneer Roofing Systems, Inc.
        7211- C Telegraph Square Drive
        Lorton, VA 22079

Case No.: 15-13518

Chapter 11 Petition Date: October 8, 2015

Court: United States Bankruptcy Court
       Eastern District of Virginia (Alexandria)

Judge: Hon. Brian F. Kenney

Debtor's Counsel: John T. Donelan, Esq.
                  LAW OFFICE OF JOHN T. DONELAN
                  125 S. Royal Street
                  Alexandria, VA 22314
                  Tel: (703) 684-7555
                  Email: donelanlaw@gmail.com

Estimated Assets: $500,000 to $1 million


Estimated Liabilities: $1 million to $10 million

The petition was signed by Stephen R. Wann, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/vaeb15-13518.pdf


PLANDAI BIOTECHNOLOGY: Former Accountant Suspended Permanently
--------------------------------------------------------------
By letter dated Oct. 6, 2015, the U.S. Securities and Exchange
Commission informed Plandai Biotechnology, Inc., that a previous
auditor, Mr. Terry Johnson, was permanently suspended from
practicing as an accountant on behalf of any publicly traded
company or other entity regulated by the SEC.

The Company formerly engaged Mr. Johnson to audit its financial
statements for the fiscal year ended June 30, 2014, and Mr. Johnson
issued an audit opinion concerning that filing.  The Company is
currently having the 2014 annual audit re-audited by its current
independent auditing firm, Cutler & Co., whose engagement was
disclosed on Form 8-K on Sept. 25, 2015.

Prior to Mr. Johnson's suspension, he did not issue a report
containing an adverse opinion or a disclaimer of opinion, or an
opinion that was qualified or modified as to uncertainty, audit
scope, or accounting principles.  The Company said it had no
disagreements with Mr. Johnson.

                           About Plandai

Based in Goodyear, Arizona, Plandai Biotechnology, Inc., through
its recent acquisition of Global Energy Solutions, Ltd., and its
subsidiaries, focuses on the farming of whole fruits, vegetables
and live plant material and the production of proprietary
functional foods and botanical extracts for the health and
wellness industry.  Its principle holdings consist of land, farms
and infrastructure in South Africa.

Plandai Biotechnology reported a net loss of $15.5 million on
$266,000 of revenues for the year ended June 30, 2014, compared to
a net loss of $2.96 million on $359,000 of revenues for the year
ended June 30, 2013.

As of March 31, 2015, the Company had $9.86 million in total
assets, $15.7 million in total liabilities, $4.28 million
stockholders' deficit and $1.52 million in non-controlling
interest.

Terry L. Johnson, CPA, in Casselberry, Florida, issued a "going
concern" qualification on the consolidated financial statements
for the year ended June 30, 2014.

"The Company has incurred a deficit of approximately $26 million
and has used approximately $44 million of cash due to its
operating activities in the two years ended June 30, 2014.  The
Company may not have adequate readily available resources to fund
operations through June 30, 2015.  This raises substantial doubt
about the Company's ability to continue as a going concern," the
auditor noted.


PROQUEST LLC: Moody's Puts B2 CFR on Review for Downgrade
---------------------------------------------------------
Moody's Investors Service placed ProQuest LLC's ratings on review
for downgrade, including the B2 corporate family rating, Ba2 First
out revolver, and B2 1st lien term loan rating, following the
announced acquisition of Ex Libris Group which is a global provider
of library automation solutions. The review for downgrade will
focus on the leverage levels and interest coverage pro-forma for
the acquisition as well as the improvement in the strategic
position of the combined entity. We anticipate any downgrade to be
limited to one notch.

Moody's took the following ratings actions:

ProQuest LLC

-- $75 million Senior Secured 1st lient First Out revolving
    credit facility maturing 2019, Ba2 (LGD1), placed on Review
    for Downgrade

-- $450 million Senior Secured 1st lien term loan maturing 2021,
    B2 (LGD4), place on Review for Downgrade

-- Corporate Family Rating, B2, placed on Review for Downgrade

-- Probability of Default Rating, B2-PD, placed on Review for
Downgrade

-- Outlook, changed to Rating Under Review from Stable

RATINGS RATIONALE

The review for downgrade reflects the announced acquisition of Ex
Libris Group which has the potential to lead to leverage increasing
above its current level of 5.9x as of Q2 2015 (incorporating
Moody's standard adjustments as well as expensing content costs).
While we had anticipated leverage to decline to the mid 5x as the
revolver was repaid at the end of 2015, the transaction is expected
to lead to higher leverage that could be above the threshold for
the existing B2 CFR. ProQuest faces challenges at its smaller
global corporate and US government, public libraries & schools
businesses. Despite growth in its higher education division,
organic revenue growth has been modest due to declines from its
Dialog business and weakness from legacy products that are in
secular decline (microfilm and print). ProQuest also operates in a
competitive environment and will face rising royalty payments which
will need to be offset by revenue growth or cost savings elsewhere
to avoid decreasing EBITDA margins.

The company's ratings are supported by a large subscription base in
the library reference market with extensive content databases sold
to libraries, corporations and government organizations, as well as
high renewal rates and a recurring stream of revenues. ProQuest is
expected to benefit from the larger size and product offerings
following the acquisition that could increase growth rates going
forward. The company has also benefited from the acquisition of
Ebook Corporation Limited (EBL) in 2013 that has been a source of
growth, although declines or slower growth in other business lines
is expected to limit organic revenue growth over the next year of
the existing business.

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

Headquartered in Ann Arbor, Michigan, ProQuest LLC aggregates,
creates, and distributes academic and news content serving
academic, corporate and public libraries worldwide. Cambridge
Information Group (CIG) acquired the ProQuest Information and
Learning business of Voyager Learning Company (fka ProQuest
Company) in February 2007 and merged it with its Cambridge
Scientific Abstracts, Limited Partnership (CSA) business to form
ProQuest. In conjunction with the transaction, ABRY Partners
acquired a 20% stake in ProQuest with CIG contributing CSA for the
remaining 80% voting interest and a cash distribution. Goldman
Sachs Partners (Goldman) acquired ABRY's ownership position as well
as additional ownership units in November 2013. Annual revenue as
of Q2 2015 was over $500 million.



PSN USA: Trust Cannot Avoid $3MM Paid to Intelsat, 11th Circ. Says
------------------------------------------------------------------
The United States Court of Appeals for the Eleventh Circuit
affirmed the bankruptcy court's ruling that PSN Liquidating Trust
cannot avoid the transfers PSN USA, Inc., made to Intelsat
Corporation under their satellite contracts because the Debtor
received reasonably equivalent value in exchange for the
transfers.

PSN Liquidating Trust, on behalf of the estate of the Debtor,
sought to void payments totaling more than $3 million the Debtor
made to Intelsat, contending that the Debtor did not receive
"reasonably equivalent value" in exchange for the payments.  The
disputed transfers are payments the Debtor made to Intelsat under a
contract between Intelsat and the Debtor's parent company, Pan
American Sports Network International.

Based on stipulated facts, the bankruptcy court granted summary
judgment in favor of Intelsat, concluding that the Debtor derived
an economic benefit from the transfers because it received and used
the services that were the subject of the contracts.  The district
court affirmed the bankruptcy court, and the Trust appealed in the
Eleventh Circui.

The appeals case is PSN LIQUIDATING TRUST, Plaintiff-Appellant, v.
INTELSAT CORPORATION, INTELSAT INTERNATIONAL SYSTEMS, LLC,
Defendants-Appellees, NO. 14-15352, NON-ARGUMENT CALENDAR, relating
to In Re: PSN USA, INC., Debtor.

A full-text of the Eleventh Circuit's Opinion dated September 4,
2015 is available at http://is.gd/H437pUfrom Leagle.com.

PSN USA, Inc., sought Chapter 11 protection (Bankr. S.D. Fla. Case
No. 02-11913) on March 1, 2002.  The Debtor filed its Plan of
Reorganization on Oct. 15, 2002, and its First Amended Plan of
Reorganization on Nov. 21, 2002.  The Amended Plan was confirmed
on Dec. 24, 2002, and Daniel Fair was appointed as the Liquidating
Trustee by section I.RR of the Amended Plan.


QUANTUM CORP: Soros Fund Reports 1% Stake as of Oct. 5
------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Soros Fund Management LLC, George Soros and Robert
Soros disclosed that as of Oct. 5, 2015, they beneficially owned
3,266,666 shares of common stock of Quantum Corporation which
represents 1.25 percent of the shares outstanding.  A copy of the
regulatory filing is available for free at http://is.gd/PF7OTK

                         About Quantum Corp.

Based in San Jose, California, Quantum Corp. (NYSE:QTM) --
http://www.quantum.com/-- is a storage company specializing in
backup, recovery and archive.  Quantum provides a comprehensive,
integrated range of disk, tape, and software solutions supported
by a world-class sales and service organization.

Quantum reported net income of $16.7 million on $553 million of
total revenue for the year ended March 31, 2015, compared to a net
loss of $21.5 million on $553 million of total revenue for the year
ended March 31, 2014.

As of June 30, 2015, the Company had $314.6 million in total
assets, $382.6 million in total liabilities and a $67.9 million
total stockholders' deficit.


RADIOSHACK CORP: Bankruptcy Plan Declared Effective
---------------------------------------------------
RS Legacy Corporation, the surviving entity after most of
RadioShack Corp.'s business was sold, said in a Form 8-K report
with the Securities and Exchange Commission that on Oct. 7, 2015,
the effective date of the Debtors' bankruptcy exit plan occurred.
On the same date, the Debtors filed a Notice of Effective Date of
the Plan with the Bankruptcy Court.

The Bankruptcy Court on Oct. 2, 2015, entered an order confirming
the Debtors' First Amended Joint Plan of Liquidation, as originally
filed with the Bankruptcy Court on Aug. 10, 2015 and as thereafter
modified.

"AS A RESULT OF THE PLAN BEING EFFECTIVE, ALL OF THE COMPANY'S
EQUITY INTERESTS, CONSISTING OF AUTHORIZED AND OUTSTANDING SHARES
OF COMMON STOCK OF THE COMPANY, WERE CANCELLED WITHOUT
CONSIDERATION AND HAVE NO VALUE," the Company said.

The Company also filed a Form 15 with the Commission to provide
notice of the suspension of its reporting obligation under Section
12(g) of the Securities Exchange Act of 1934.  With the filing of
the Form 15, the Company will immediately cease filing any further
periodic or current reports under the Exchange Act.

A full-text copy of Judge Shannon's Plan Confirmation Order is
available at http://bankrupt.com/misc/RSplanord1002.pdf

A full-text copy of Judge Shannon's Findings of Fact and
Conclusions of Law regarding confirmation of the Plan is available
at http://bankrupt.com/misc/RSfindings1002.pdf

                 About RadioShack Corporation

Headquartered in Fort Worth, Texas, RadioShack is a retailer of
mobile technology products and services, as well as products
related to personal and home technology and power supply needs.
RadioShack's retail network includes more than 4,300
company-operated stores in the United States, 270 company-operated
stores in Mexico, and approximately 1,000 dealer and other outlets
worldwide.

RadioShack Corp. and affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 15-10197) on Feb. 5, 2015, disclosing
total assets of $1.2 billion, versus total debt of $1.3 billion.

David G. Heiman, Esq., Greg M. Gordon, Esq., Amanda M. Suzuki,
Esq., Jonathan M. Fisher, Esq., Thomas A. Howley, Esq., and Paul M.
Green, Esq., at Jones Day serve as the Debtors' bankruptcy counsel.
David M. Fournier, Esq., Evelyn J. Meltzer, Esq., and John H.
Schanne, II, Esq., at Pepper Hamilton LLP serve as co-counsel.
Carlin Adrianopoli at FTI Consulting, Inc., is the Debtors'
restructuring advisor.  Maeva Group, LLC, is the Debtors'
turnaround advisor. Lazard Freres & Co. LLC is the Debtors'
investment banker.  A&G Realty Partners is the Debtors' real estate
advisor.  Prime Clerk is the Debtors' claims and noticing agent.

The Official Committee of Unsecured Creditors tapped Quinn Emanuel
Urquhart & Sullivan, LLP and Cooley LLP as co-counsel, and Houlihan
Lokey Capital, Inc., as financial advisor and investment banker.  

                           *     *     *

After an auction in March 2015, the Debtors sold most of the Assets
to General Wireless, Inc., an entity formed by Standard General,
L.P., for $150 million.  The Debtors also sold Mexican assets to
Office Depot de México, S.A. de C.V., for $31.8 million plus
the assumption of debt.  Regal Forest Holding Co. Ltd. bought the
Debtors' intellectual property assets in Latin America for a
purchase price of $5,000,000.

In June 2015, the Debtors changed their name to RS Legacy
Corporation, et al., following the sale of the Company's brand Name
and customer data to General Wireless.

The bankruptcy judge on Sept. 30, 2015, agreed to confirm the
RadioShack Corp. estate's liquidating plan.  The centerpiece of The
Plan is the resolution of various disputes among the Debtors, the
Creditors' Committee and the SCP Secured Parties.


RADIOSHACK CORP: Final Admin. Claim Bar Date Set for Dec. 7
-----------------------------------------------------------
RS Legacy Corporation filed with the Bankruptcy Court a notice of
effective date of its bankruptcy-exit plan.

Among others, the Notice provides the following deadlines for
filing post-bankruptcy claims:

     a. General Bar Date for Administrative Claims.

Except as specified in Section III.A.1.c.ii. of the Plan, the Bar
Date Order, Section III.B. of the Confirmation Order and this
notice, unless previously Filed or Allowed, requests for payment of
Administrative Claims that arose (or, only in the case of unexpired
leases of real or personal property, accrued) on or after June 1,
2015 through the Effective Date must be Filed no later than 60 days
after the Effective Date (the "Final Administrative Claim Bar
Date") (i.e., by December 7, 2015). Any holder of an Administrative
Claim that is required to, but does not, File and serve a request
for payment of such Administrative Claim by the applicable Bar Date
shall be forever barred from asserting such Administrative Claim
against the Debtors, the Liquidating Debtors, the Liquidating
Trust, the Estates or their respective property, and such
Administrative Claims shall be deemed waived and released as of the
Effective Date.

Objections to requests for payment of any Administrative Claim must
be Filed and served on the requesting party by: (i) in the case of
such requests that were required to be filed by June 22, 2015
pursuant to the Bar Date Order, 90 days after the Effective Date
(i.e., by January 5, 2016); and (ii) in the case of such requests
that must be filed by the Final Administrative Claim Bar Date, by
no later than 150 days after the Effective Date (i.e., by March 7,
2016), in each case subject to further order of the Court.

For the avoidance of doubt, nothing in the Notice or in the
Confirmation Order modifies any requirement to File any
Administrative Claim as set forth in the Bar Date Order, and any
holder of such Administrative Claim that failed to comply with the
requirements of the Bar Date Order shall be forever barred from
asserting such Administrative Claim against the Debtors, the
Liquidating Debtors, the Liquidating Trust, the Estates or their
respective property, and such Administrative Claim shall be deemed
waived and released.

     b. Professional Fee Claims

Professionals or other entities asserting a Professional Fee Claim
for services rendered before the Effective Date must File and serve
on the Liquidating Trustee and such other entities who are
designated by the Bankruptcy Rules, the Confirmation Order, the Fee
Order or other order of the Bankruptcy Court a Final Fee
Application no later than 90 days after the Effective Date (i.e.,
by January 5, 2016); provided, however, that any professional who
may receive compensation or reimbursement of expenses pursuant to
the Ordinary Course Professionals Order may continue to receive
such compensation and reimbursement of expenses for services
rendered before the Effective Date, without further Court review or
approval, pursuant to the Ordinary Course Professionals Order. A
Professional may include any outstanding, non-Filed monthly or
interim request for payment of a Fee Claim pursuant to the Fee
Order in its Final Fee Application.

Objections to any Final Fee Application must be Filed and served on
the Liquidating Trustee and the requesting party by the later of
(i) 80 days after the Effective Date (i.e., by December 28, 2015)
or (ii) 45 days after the Filing of the applicable Final Fee
Application. To the extent necessary, the Confirmation Order will
amend and supersede any previously entered order of the Court,
including the Fee Order, regarding the payment of Fee Claims. Any
pending, Filed interim requests for a Fee Claim pursuant to the Fee
Order shall be resolved in the ordinary course in accordance with
the Fee Order or, if sooner, in connection with the particular
Professional's Final Fee Application.

     c. Rejection Damage Claims

Notwithstanding anything in the Bar Date Order to the contrary, if
the rejection of an Executory Contract or Unexpired Lease pursuant
to Section V.C. of the Plan gives rise to a Claim by the other
party or parties to such contract or lease, such rejection claim
will be forever barred and will not be enforceable against the
Liquidating Trustee or the Liquidating Trust unless a proof of
Claim is Filed and served on the Liquidating Trustee, pursuant to
the procedures specified in the Confirmation Order and the notice
of the entry of the Confirmation Order or another order of the
Court, by (i) for Executory Contracts and Unexpired Leases rejected
on the Effective Date, 30 days after the Effective Date (i.e., by
November 6, 2015) and (ii) for TSA Contracts and Deferred Assets
(constituting Executory Contracts or Unexpired Leases) rejected
pursuant to Section V.C.2. of the Plan, 30 days after the effective
date of such rejection pursuant to the procedures described in
Section V.C.4. of the Plan.

A copy of the Notice is available at http://is.gd/GU2Tm1

                 About RadioShack Corporation

Headquartered in Fort Worth, Texas, RadioShack is a retailer of
mobile technology products and services, as well as products
related to personal and home technology and power supply needs.
RadioShack's retail network includes more than 4,300
company-operated stores in the United States, 270 company-operated
stores in Mexico, and approximately 1,000 dealer and other outlets
worldwide.

RadioShack Corp. and affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 15-10197) on Feb. 5, 2015, disclosing
total assets of $1.2 billion, versus total debt of $1.3 billion.

David G. Heiman, Esq., Greg M. Gordon, Esq., Amanda M. Suzuki,
Esq., Jonathan M. Fisher, Esq., Thomas A. Howley, Esq., and Paul M.
Green, Esq., at Jones Day serve as the Debtors' bankruptcy counsel.
David M. Fournier, Esq., Evelyn J. Meltzer, Esq., and John H.
Schanne, II, Esq., at Pepper Hamilton LLP serve as co-counsel.
Carlin Adrianopoli at FTI Consulting, Inc., is the Debtors'
restructuring advisor.  Maeva Group, LLC, is the Debtors'
turnaround advisor. Lazard Freres & Co. LLC is the Debtors'
investment banker.  A&G Realty Partners is the Debtors' real estate
advisor.  Prime Clerk is the Debtors' claims and noticing agent.

The Official Committee of Unsecured Creditors tapped Quinn Emanuel
Urquhart & Sullivan, LLP and Cooley LLP as co-counsel, and Houlihan
Lokey Capital, Inc., as financial advisor and investment banker.  

                           *     *     *

After an auction in March 2015, the Debtors sold most of the Assets
to General Wireless, Inc., an entity formed by Standard General,
L.P., for $150 million.  The Debtors also sold Mexican assets to
Office Depot de México, S.A. de C.V., for $31.8 million plus
the assumption of debt.  Regal Forest Holding Co. Ltd. bought the
Debtors' intellectual property assets in Latin America for a
purchase price of $5,000,000.

In June 2015, the Debtors changed their name to RS Legacy
Corporation, et al., following the sale of the Company's brand Name
and customer data to General Wireless.

The bankruptcy judge on Sept. 30, 2015, agreed to confirm the
RadioShack Corp. estate's liquidating plan.  The centerpiece of the
Plan is the resolution of various disputes among the Debtors, the
Creditors' Committee and the SCP Secured Parties.


REDF MARKETING: Court Allows $1.2MM Clawback Suits to Proceed
-------------------------------------------------------------
Judge J. Craig Whitley of the United States Bankruptcy Court for
the Western Division of North Carolina, Charlotte Division, denied
various motions filed by companies the The Finley Group, as
Liquidating Agent for Redf Marketing, LLC, sued to avoid upward of
$1,200,000 in prepetition transfers of the Debtor's property under
Sections 547 and 548 of the Bankruptcy Code.

Among others, Judge Whitley denied the Defendants' motion seeking
to revoke confirmation of the Chapter 11 plan for being without
merit, untimely and procedurally defective.  Moreover, Judge
Whitley denied the Defendants' motions for summary judgment,
holding that a decision on summary judgment would be inappropriate,
and the plaintiff has asserted claims consistent with the Iqbal and
Twombly pleading requirements.

The adversary cases are The Finley Group, liquidating agent for
Redf Marketing, LLC Plaintiff, v. Working Media Group Atlanta, LLC
Defendant. The Finley Group, liquidating agent for Redf Marketing,
LLC Plaintiff, v. City of Clare, Michigan Defendant. The Finley
Group, liquidating agent for Redf Marketing, LLC Plaintiff, v.
Fifth Third Bank dba Fifth Third Bank, Inc. Defendant, Third-Party
Plaintiff, v. Daniel J. Roselli, 222 South Church Street, LLC,
Novare Group Holdings, LLC, Anne L. Bradley, Packard Place
Properties, LLC, Anne L. Bradley, C.P.A., P.A. Sara G. Roselli,
Third-Party Defendants, The Finley Group, liquidating agent for
Redf Marketing, LLC, Plaintiff, v. 521 Partners, LLC, Red Ventures,
LLC Defendants. The Finley Group, liquidating agent for Redf
Marketing, LLC Plaintiff, v. CB Richard Ellis Inc., 222 South
Church Street, LLC, Defendants. The Finley Group, liquidating agent
for Redf Marketing, LLC Plaintiff, v. Mecklenburg County Defendant.
The Finley Group, liquidating agent for Redf Marketing, LLC
Plaintiff, v. 222 South Church Street, LLC, Novare Group Holdings,
LLC Defendants, Third-Party Plaintiffs, v. Anne L. Bradley, CPA,
P.A., Anne L. Bradley, Daniel J Roselli, Sara Garces Roselli,
Packard Place Properties, LLC, Third-Party Defendants, The Finley
Group, liquidating agent for Redf Marketing, LLC Plaintiff, v.
Vision Brokerage Group, LLC Defendant, Adversary Proceeding No.
14-03145., 14-03252, 14-03254, 14-03259, 14-03261, 14-03262,
14-03263, 14-03265.

The bankruptcy case is captioned In Re: Redf Marketing, LLC,
Chapter 11, Debtor, Case No. 12-32462 (Bankr. W.D.N.C.).

A full-text copy of the Order dated September 3, 2015, is available
at http://is.gd/IzDsvEfrom Leagle.com.

The Finley Group, Liquidating Agent for Redf Marketing, LLC,
Plaintiff is represented by:

         Andrew T. Houston, Esq.
         MOON WRIGHT & HOUSTON, PLLC
         227 West Trade Street, Suite 1800
         Charlotte, NC 28202
         Phone: 704.944.6560
         Fax: 704.944.0380
         Email: ahouston@mwhattorneys.com

Working Media Group Atlanta, LLC, Defendant is represented by:

         James H. Henderson, Esq.
         JAMES H. HENDERSON, P.C.
         1201 Harding Place
         Charlotte NC 28204
         Tel: 704 333-3444
         Fax: 704 333-5003


RETROPHIN INC: Jennison Assoc. Reports 6.4% Stake as of Sept. 30
----------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Jennison Associates LLC disclosed that as of Sept. 30,
2015, it beneficially owns 2,277,360 shares of common stock of
Retrophin, Inc., which represents 6.4 percent of the shares
outstanding.  A copy of the regulatory filing is available for free
at http://is.gd/6mQkkh

                          About Retrophin

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

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

As of June 30, 2015, the Company had $425 million in total
assets, $274.3 million in total liabilities and $151 million in
total stockholders' equity.

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


RETROPHIN INC: Prudential Financial Owns 6.5% Stake as of Sept. 30
------------------------------------------------------------------
Prudential Financial, Inc., disclosed in an amended Schedule 13G
filed with the Securities and Exchange Commission that as of Sept.
30, 2015, it beneficially owns 2,318,938 shares of common stock of
Retrophin, Inc., which represents 6.5 percent of the shares
outstanding.  A copy of the regulatory filing is available for free
at http://is.gd/PYzrBi

                          About Retrophin

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

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

As of June 30, 2015, the Company had $425 million in total assets,
$274 million in total liabilities and $151 million in total
stockholders' equity.

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


ROADRUNNER ENTERPRISES: Bank Seeks Adequate Protection
------------------------------------------------------
The Bank of Southside Virginia asks the United States Bankruptcy
Court for Eastern District of Virginia, Richmond Division, to lift
the automatic stay imposed in the Chapter 11 case of Roadrunner
Enterprises, Inc., because the Debtor is unable to afford adequate
protection due to it.

The Bank tells the Court that it holds Notes secured by liens on
the Debtor's properties, which Notes have principal balances that
are increasing on a daily basis.  The liens are in excess of the
fair market value of the properties secured thereby, the Bank
asserts.  There is no equity in the properties for the benefit of
the Debtor or its estate, and injury is suffered due to inability
to proceed against the property securing the indebtedness due to
the automatic stay provided for in Section 362 of the Bankruptcy
Code, the Bank added.

The Bank of Southside Virginia is represented by:

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

                  About Roadrunner Enterprises

Headquartered in Chesterfield County, Virginia, Roadrunner
Enterprises Inc. owns the Roadrunner Campground and more than 70
rental properties, lots, and other real estate interests.

Roadrunner Enterprises filed for Chapter 11 bankruptcy protection
(Bank. E.D. Va. Case No. 15-30604) on Feb. 6, 2015.  The petition
was signed by Carl Adenauer, president.  David K. Spiro, Esq., at
Hirschler Fleischer, P.C., serves as the Debtor's counsel.  Judge
Kevin R. Huennekens presides over the case.  The Debtor estimated
assets and liabilities of at least $10 million.


ROTONDO WEIRICH: Cases Jointly Administered for Procedural Purposes
-------------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Pennsylvania
directed the joint administration of the Chapter 11 case of Rotondo
Weirich Enterprises, Inc., Rotondo Weirich, Inc., Three North
Pointe Associates, LLC, RW Lederach, LLC, RW 675, LLC and RW
Motorsports, Inc., for procedural purposes only.

As previously reported by The Troubled Company Reporter, the
Debtors filed with the Bankruptcy Court a motion for an order
directing the joint administration of their Chapter 11 cases
pursuant to Fed.R.Bankr.P. 1015(b), which provides in pertinent
part that if a joint petition or two or more petitions are pending
in the same court by or against... a debtor and an affiliate, the
court may order a joint administration of the estates.

Steven J. Weirich and Mario Rotondo each own a 50 percent interest
in Rotondo Weirich Enterprises, Inc. and Rotondo Weirich, Inc.
Rotondo Weirich Enterprises, Inc. is the sole interest holder of
Three North Pointe Associates, LLC; RW Lederach, LLC; RW 675, LLC;
and RW Motorsports, Inc.  Therefore, the Debtors assert they are
"affiliates" under Section 101(2)(B) of the Bankruptcy Code and
their bankruptcy cases are appropriate for joint administration
under Rule 1015(b).

The Debtors believe that joint administration of their Chapter 11
cases will allow the cases to be administered more efficiently,
expeditiously and economically, and will not prejudice any
creditors of their individual estates.

The Debtors propose that their cases be jointly administered under
Lead Case No. 151-16146 (ELF).

The caption of the Debtors' jointly administered cases will read:

  ______________________________
  In re:                         : CHAPTER 11
                                 :
  ROTONDO WEIRICH                : Bankruptcy Nos. 15-16146 (ELF)
  ENTERPRISES, INC., et al.      : through 15-16151)
                                 : (Jointly Administered)
                   Debtors       :
  _______________________________:

Rotondo Weirich Enterprises and five of its affiliates sought
Chapter 11 protection (Bankr. E.D. Pa. Case Nos. 15-16146 -
15-16151) on Aug. 27, 2015.  The petitions were signed by Steven
J.
Weirich, the president & CEO.  RWE estimated assets and
liabilities
of at least $10 million.

The Debtors tapped Maschmeyer Karalis P.C. as counsel; and
EisnerAmper LLP as financial advisors.

Andrew Vara, acting U.S. trustee for Region 3, appointed three
creditors of RWE to serve on an official committee of unsecured
creditors.


RUFFIN RD VENTURE: Case Summary & 11 Largest Unsecured Creditors
----------------------------------------------------------------
Debtor: Ruffin Rd Venture lot 6
        5890 Canoga Avenue Suite 400,
        Woodland Hills, CA 91367

Case No.: 15-06535

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: October 8, 2015

Court: United States Bankruptcy Court
       Southern District of California (San Diego)

Judge: Hon. Christopher B. Latham

Debtor's Counsel: Dayna C. Chillas, Esq.
                  ARROW LEGAL SERVICES
                  3645 Ruffin Road, Suite 230
                  San Diego, CA 92123
                  Tel: 858-652-0250
                  Email: dayna.c@hotmail.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Kevin Tucker, president.

A list of the Debtor's 11 largest unsecured creditors is available
for free at http://bankrupt.com/misc/casb15-06535.pdf


SANTA FE VISTA: Involuntary Chapter 11 Case Summary
---------------------------------------------------
Alleged Debtor: Santa Fe Vista, LLC
                13520 Evening Creek Drive N, Suite 160
                San Diego, CA 92128

Case Number: 15-06528

Involuntary Chapter 11 Petition Date: October 8, 2015

Court: United States Bankruptcy Court
       Southern District of California (San Diego)

Petitioners' Counsel: Kit J. Gardner, Esq.
                      LAW OFFICES OF KIT J. GARDNER
                      501 W. Broadway, Suite 800
                      San Diego, CA 92101
                      Tel: (619) 525-9900
                      Email: kgardner@gardnerlegal.com

   Petitioners                   Nature of Claim  Claim Amount
   -----------                   ---------------  ------------
Nova Services                       Trade Debt       $4,760
Dan Bernett, President
4373 Viewridge Ave., Suite B
San Diego, CA 92123

AME Design Group                    Trade Debt      $14,300

EPI, The Engineering Partners, Inc. Trade Debt      $14,625
Tom Perez
Authorized Representative
9565 Waples Street, Suite 100
San Diego, CA 92121


SEA LAUNCH: Boeing Wins Summary Judgment in Satellite JV Suit
-------------------------------------------------------------
Daniel Siegal at Bankruptcy Law360 reported that U.S. District
Judge Andre Birotte in California awarded The Boeing Co. summary
judgment on its claims that its Russian and Ukrainian partners
skipped out on $355 million owed to the aerospace giant after Sea
Launch, a joint satellite-launching company, went bankrupt.  Judge
Birotte ruled that the venture's founding agreement requires the
partners to pay.

Boeing alleged Ukrainian state-owned KB Yuzhnoye and PO Yuzhnoye
Mashinostroitelny Zavod and Russia-based SP Korolev Rocket and
Space Corp. Energia had broken contracts by leaving Boeing holding
the bag for hundreds of millions of dollars of loan guarantees
related to the Sea Launch joint venture after Sea Launch declared
bankruptcy and defaulted on the loans.

Boeing is represented by Xanath McKeever, Michael B. Slade and
Christopher J. Esbrook of Kirkland & Ellis LLP.

Energia is represented by Rita M. Haeusler, Alex E. Spjute, Gaurav
Reddy and John M. Townsend of Hughes Hubbard & Reed LLP. The
Yuzhnoye companies are represented by Steven A. Velkei ofDentons.

The case is The Boeing Company et al v. KB Yuzhnoye et al, Case No.
2:13-cv-00730 (C.D. Cal.).

                        About Sea Launch

Sea Launch Company, L.L.C., is a satellite-launch services provider
that offers commercial space launch capabilities from the Baikonur
Space Center in Kazakhstan.  Its owners include Boeing Co., RSC
Energia, and Aker ASA.

Sea Launch filed for Chapter 11 protection (Bankr. D. Del. Case No.
09-12153) on June 22, 2009.  Joel A. Waite, Esq., and Kenneth J.
Enos, Esq., at Young, Conaway, Stargatt & Taylor LLP, in
Wilmington, Delaware, served as the Debtor's counsel.  At the time
of the filing, the Company said its assets range from  $100 million
to $500 million and debts are at least $1 billion.

Sea Launch Company completed its Chapter 11 reorganization process,
effective Oct. 27, 2010.  As part of the court-approved Plan of
Reorganization, Energia Overseas Limited (EOL), a Russian
corporation, will have acquired a majority ownership of the
reorganized Sea Launch entity.

The Plan of Reorganization was approved by Judge Brendan Shannon,
in the U.S. Bankruptcy Court in Wilmington, Delaware, on July 27,
2010.  The successor entity, Sea Launch S.a.r.l., would be
responsible for corporate functions at its operations headquarters
and will maintain some assets at Sea Launch Home Port, in the Port
of Long Beach, in Southern California.


SHADYLANE HOLDINGS: Voluntary Chapter 11 Case Summary
-----------------------------------------------------
Debtor: Shadylane Holdings 1006, LLC
        3580 Wilshire Blvd, Ste 1755C
        Los Angeles, CA 90010

Case No.: 15-25529

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: October 8, 2015

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


Debtor's Counsel: David G Epstein, Esq.
                  THE DAVID EPSTEIN LAW FIRM
                  POB 4858
                  Laguna Beach, CA 92652-4858
                  Tel: 949-715-1500
                  Fax: 949-715-2570
                  Email: david@epsteinlitigation.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by David G. Epstein, manager.

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


SIGA TECHNOLOGIES: Has Until Nov. 5 to File Chapter 11 Plan
-----------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York
entered a bridge order further extending Siga Technologies, Inc.'s
exclusive period to file a Chapter 11 Plan to Nov. 5, 2015, and
exclusive period to solicit acceptances for that Plan to Dec. 28.

The extension was agreed between the Debtor and the Official
Committee of Unsecured Creditors.

As previously reported by The Troubled Company Reporter, SIGA
Technologies asked a New York bankruptcy judge on Sept. 10, 2015,
for another extension to the period in which it has exclusive
rights to file its own Chapter 11 plan, saying it needs more time
at the table with creditors.

                       About SIGA Technologies

Publicly held SIGA Technologies, Inc., with headquarters in
Madison Avenue, New York, is a biotech/pharmaceutical company that
specializes in the development and commercialization of solutions
for serious unmet medical needs and biothreats.  SIGA's lead
product is Tecovirimat, also known as ST-246, an orally
administered antiviral drug that targets orthopoxviruses.

SIGA sought Chapter 11 bankruptcy protection (Bankr. S.D.N.Y. Case
No. 14-12623) on Sept. 16, 2014, in Manhattan.  The case is
assigned to Judge Sean H. Lane.

The Debtor has tapped Weil, Gotshal & Manges LLP, as counsel, and
Prime Clerk LLC as claims agent.

The Debtor's Chapter 11 plan and disclosure statement are due
May 14, 2015.

The Debtor disclosed total assets of $131,669,746 and $7,954,645
in liabilities as of the Chapter 11 filing.

The Statutory Creditors' Committee is represented by Martin J.
Bienenstock, Esq., Scott K. Rutsky, Esq., and Ehud Barak, Esq., at
Proskauer Rose LLP.  The Committee tapped to retain Guggenheim
Securities, LLC, as its financial advisor and investment banker.


STEREOTAXIS INC: Announces Results of Warrants Offering
-------------------------------------------------------
Stereotaxis, Inc., announced the results of its offering of
subscription warrants to purchase shares of its common stock at a
price of $1.10 per share.  Pursuant to the warrants offering,
subscription warrants to purchase approximately 0.3 million shares
of common stock were exercised, resulting in gross proceeds to
Stereotaxis of approximately $300,000.

                         About Stereotaxis

Based in St. Louis, Missouri, Stereotaxis, Inc., is a manufacturer
and developer of a suite of navigation systems in interventional
surgical procedures.  The Company's Epoch Solution is used in the
treatment of arrhythmias and coronary artery disease.

Stereotaxis reported a net loss of $5.20 million in 2014, a net
loss of $68.8 million in 2013 and a net loss of $9.23 million in
2012.

As of June 30, 2015, the Company had $19.9 million in total assets,
$35.8 million in total liabilities and a $15.8 million total
stockholders' deficit.

Ernst & Young LLP, in St. Louis, Missouri, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2014, citing that the Company has incurred recurring
operating losses and has a net capital deficiency.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern.


STRATECO RESOURCES: Quebec Courts Renews Initial CCAA Order
-----------------------------------------------------------
The Superior Court of Quebec, Commercial Division, has renewed the
initial order issued for Strateco Resources Inc. under the
Companies' Creditors Arrangement Act until October 21, 2015, to
enable Strateco to close on interim financing of $4,000,000 to
cover, among other things, the costs associated with its $190
million litigation against the Quebec government.  In connection
with the Litigation, Strateco interrogated government
representatives during the month of September, as well as signing
an agreement with the Crees and the Attorney General of Quebec
setting out the terms governing the extent of Cree participation in
the legal proceedings.

Court Protection under the CCAA

On September 29, 2015, the Honourable Justice Danielle Turcotte,
who is responsible for the proceedings instituted by Strateco under
the CCAA, authorized an extension of the protection granted by the
initial order until October 21, 2015, to enable Strateco to
finalize its efforts to financing the $190 million Litigation
against the Quebec government.

On September 24, 2015, Strateco received a binding offer for $4
million in interim (debtor-in-possession) financing, subject to
certain conditions, to finance legal fees and expenses associated
with the Litigation and Strateco's short-term cash requirements in
connection with the proceedings.

Motion to Institute Proceedings (the Litigation)

In relation to the motion to institute proceedings and as provided
for in the schedule agreed to by Strateco and the Attorney General
of Quebec, Strateco examined representatives of the Quebec
government in September 2015.

In addition, Strateco signed an agreement with the Crees and the
Attorney General of Quebec setting out the terms governing for Cree
participation in the Litigation proceedings, to the satisfaction of
all parties.  Pursuant to the agreement, Strateco and the Attorney
General of Quebec will interrogate a Cree representative in
November 2015.

As a next step, Guy Hebert, the President and CEO of Strateco, will
be interrogated by Cree prosecutors at the end of October 2015.
The timing of the proceedings is in line with the established
timetable.

Based in Montreal, Canada, Strateco Resources Inc. --
http://www.stratecoinc.com-- is an exploration stage company that
engages in the acquisition, development, evaluation, and
exploration of mineral.



TA PROPERTIES: Fourth Amended Chapter 11 Plan Confirmed
-------------------------------------------------------
Judge Frank L. Kurtz of the United States Bankruptcy Court for the
Eastern Division of Washington confirmed TA Properties, Inc.'s
Fourth Amended Chapter 11 Plan of Reorganization.

The Debtor filed on May 11, 2015, its Fourth Amended Chapter 11
Plan of Reorganization.  Judge Kurtz found that the proposed plan
provides for the payment of the Debtor's obligations through
payments to classes of creditors, including real property taxes
(both past due and current obligations moving forward), secured
obligations and unsecured obligation over a definitive period of
time as described in the Chapter 11 Plan as amended.

The case is captioned In re: TA PROPERTIES, INC. Debtor, No.
12-04660 (Bankr. E.D. Wash.).

A full-text copy of Judge Kurtz's findings of fact and conclusions
of law on confirmation of debtor's Fourth Amended Chapter 11 Plan
of Reorganization dated September 2, 2015, is available at
http://is.gd/akkGFEfrom Leagle.com.  

The Debtor is represented by:

         Paul H Williams, Esq.
         LAW OFFICE OF PAUL H. WILLIAMS
         1314 N. 16th Ave.
         Yakima, WA 98902
         Phone: 509-426-7765

US Trustee, US Trustee is represented by:

         James D Perkins, Esq.
         US Department of Justice

TA Properties, Inc., dba Granger Travel Plaza, sought protection
under Chapter 11 of the Bankruptcy Code on Oct. 30, 2012 (Bankr.
E.D. Wash., Case No. 12-04660).  The Debtor's counsel is Paul H
Williams, Esq., at Law Office of Paul H. Williams, in Yakima,
Washington.


TAYLOR-WHARTON INT'L: Oct. 20 Hearing on Chapter 11 Auction
-----------------------------------------------------------
BankruptcyData reported that privately-held Taylor-Wharton
International and affiliated Debtor Taylor-Wharton Cryogenics filed
for Chapter 11 protection with the U.S. Bankruptcy Court in the
District of Delaware, lead case number 15-12075.

The Company, which designs and manufactures stationary bulk and
portable cryogenic storage systems for gas and liquid applications,
is represented by J. Cory Falgowski of Reed Smith. TWI is a former
subsidiary of Harsco Corporation.

The Company emerged from a previous bankruptcy filing in June 2010.
According to documents filed with the Court, "Upon emerging from
chapter 11 in 2010, TWI worked to achieve profitability but was
unable to do so….  Despite efforts to streamline the Debtors'
businesses, infusion of new capital through the PIK Notes and the
Term Loan C, and the sale of certain Operating Companies, the
Debtors' businesses have been unable to achieve profitability. The
Debtors' financial issues have been compounded by product
liabilities."  TWI's most recent Chapter 11 petition indicates
total assets greater than $100 million.

In a separate report, Matt Chiappardi at Bankruptcy Law360 reported
that a Delaware bankruptcy judge on Oct. 8, 2015, agreed to
consider cryogenics company Taylor-Wharton International LLC's
stalking horse sale plan on a fast-track timetable after hearing
from the debtor that several suitors are interested in bidding and
that post-petition financing is set only for a brief time.

During an emergency hearing in Wilmington, U.S. Bankruptcy Judge
Brendan L. Shannon said that he would hold a hearing on
Taylor-Wharton's bid procedures on Oct. 20, in an effort to
accommodate what the Debtor is hoping will be a 45-day sale
process.

                       About Taylor-Wharton

Taylor-Wharton International LLC and Taylor-Wharton Cryogenics LLC
filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Proposed Lead
Case No. 15-12075) on Oct. 7, 2015.  The petition was signed by
Thomas Doherty as chief restructuring officer.

Cryogenics is a leading designer, engineer and manufacturer of
cryogenic equipment designed to transport and store liquefied
atmospheric and hydrocarbon gases.  Cryogenics has a single United
States operation in Theodore, Alabama.  Cryogenics is the direct
or indirect parent of several foreign non-debtor subsidiaries which
have manufacturing operations in China, Malaysia, Slovakia, and
warehousing operations in Germany and Australia.

The Debtors have engaged Reed Smith LLP as general bankruptcy
counsel, Argus Management Corporation as interim management
services provider, Stifel, Nicolaus & Company, Incorporated and
Miller Buckfire & Company LLC as investment banker and Logan &
Company, Inc., as noticing and claims agent.

The Debtors estimated both assets and liabilities of $100 million
to $500 million.  O'Neal Steel Inc. is listed as the largest
unsecured creditor holding a trade claim of $788,815.

Judge Brendan Linehan Shannon is assigned to the case.



TRANSOCEAN INC: Fitch Lowers IDR to 'BB+', Outlook Stable
---------------------------------------------------------
Fitch Ratings has downgraded Transocean Inc. (Transocean; NYSE:
RIG) and its affiliate's long-term Issuer Default Rating and senior
unsecured ratings to 'BB+' from 'BBB-'.  The Rating Outlook has
been revised to Stable from Negative.

The downgrade reflects Fitch's view that the combined effects of
the weak oil price environment and offshore rig oversupply cycle
have introduced heightened levels of revenue risk that are
anticipated to result in leverage metrics exceeding Fitch's
through-the-cycle levels over the rating horizon.  Fitch recognizes
that the company has undertaken numerous actions to protect credit
quality to date.  These include the early retirement of debt, the
proposed cancellation of the third and fourth installments of its
dividend, the deferral of uncontracted newbuild deliveries, the
rationalization of legacy rigs (20 scrapped floaters announced;
about 50% of the current industry total), and the mitigation of
Macondo-related credit risks.

Despite the rating action, Fitch expects the company to exhibit a
positive free cash flow (FCF) profile, continue to retire its debt,
and maintain adequate liquidity over the near term.  Further, Fitch
views Transocean as an eventual consolidator that will enhance the
company's long-term competitive position and credit prospects.

Approximately $8.8 billion of pro forma debt, excluding the
outstanding Eksportfinans loans and considering the July 2015 early
debt retirement, is affected by today's rating action.

KEY RATING DRIVERS

Transocean's ratings are supported by its market position as one of
the largest global offshore drillers, strong backlog ($18.6 billion
as of July 15, 2015), favorable floater-focused rig fleet,
high-grading and margin improvement efforts, and financial
flexibility, including that afforded by uncontracted newbuild
delivery delays and pending cancellation of the dividend.  These
considerations are offset by the company's continued need to
generate and conserve liquidity given their maturity and capex
profiles to minimize the use of additional debt funding.  Fitch
believes the company's current and near-term leverage profile
(Fitch calculated 2.8x latest 12 months [LTM] debt/EBITDA as of
June 30, 2015; Fitch base case forecasts consolidated debt/EBITDA
of 2.7x in 2015) are consistent with a 'BBB-' rating.  However,
Fitch forecasts leverage metrics exceeding through-the-cycle levels
over the rating horizon as higher contracted day rates begin to
roll-off and lower market day rates become a larger revenue
contributor beginning in 2017.

OIL PRICE WEAKNESS, RIG OVERSUPPLY CYCLE CONTRIBUTE TO PROLONGED
RECOVERY PROSPECTS

Offshore drillers continue to face depressed market conditions due
to lower demand and a significant oversupply of rigs, including
newbuilds.  The over 50% drop in oil prices has compounded the
effects of the oversupply cycle resulting in weaker market dayrates
than previously expected.  Fitch's base case assumes market
dayrates for high-specification ultra-deepwater rigs of
$300,000/day over the near term.  This is a downward revision from
our previous base case estimate of $325,000/day due to the
increasingly competitive contracting environment.  Other rig
classes are projected to see similarly steep price discounts. Fitch
also recognizes that market dayrates could reach cash breakeven
levels (about $200,000/day for high-specification ultra-deepwater
rigs), but expects operators to be cautious, particularly larger,
established drillers, about bidding at or below cash breakeven
levels.  Fitch's view is that while customers may, in most cases,
prefer the lowest cost, highest quality assets careful
consideration will be given to an operator's size, staying power,
geological familiarity, and historical operating performance.

Fitch anticipates the floater market's rationalization process will
generally be more orderly and rebalance more quickly than the
jackup market.  However, offshore rig demand could lag a recovery
to supportive oil price levels (currently estimated at
$65-$70/barrel for deepwater) by at least six-12 months to
encourage operators to allocate additional capital to offshore
projects. Fitch, as a result, has pushed back its anticipated
market inflection point to late 2017/early 2018, with a recovery to
more robust operating and financial metrics not likely to happen
until after that point.

POSITIVE FCF PROFILE FORECAST NEAR TERM, BUT LEVERAGE METRICS
PRESSURED MEDIUM TERM

Fitch's base case forecasts Transocean, excluding cash flows to
non-controlling interests, will be $835 million and $625 million
FCF positive in 2015 and 2016, respectively.  These FCF estimates
assume the pending dividend cancellation is approved.  Fitch's base
case results in debt/EBITDA, excluding cash flows to
non-controlling interests and cash collateralized Eksportfinans
loans, of 2.7x and 2.9x in 2015 and 2016, respectively, benefiting
from the retirement of debt at maturity, higher contracted backlog
revenues, and further margin improvement efforts.  Leverage
metrics, however, are projected to exceed Fitch's through-the-cycle
levels beginning in 2017 followed by a prolonged recovery.

Transocean's current backlog and scheduled delivery of five
contracted ultra-deepwater rigs in 2016-2017 with five- or 10-year
terms should help provide some support to through-the-cycle
financial results.  Further, Fitch recognizes that the company has
additional financial flexibility following the favorable use of
most levers over the past year should the downcycle persist and
liquidity become constrained.

KEY ASSUMPTIONS

Fitch's key assumptions within our rating case for Transocean
include:

   -- Brent oil price that trends up from $55/barrel in 2015 to
      $65/barrel in 2016, $75/barrel in 2017, and a longer-term
      price of $80/barrel;

   -- Contracted backlog is forecast to remain intact with no
      renegotiations contemplated;

   -- Market dayrates are assumed to be $300,000 for higher-
      specification ultra-deepwater rigs with other rig classes
      seeing similarly steep price discounts through 2016 followed

      by a moderate dayrate recovery thereafter;

   -- Fleet composition considers announced rig retirements and
      attempts to adjust for uncompetitive rigs due to their
      technological obsolescence, undifferentiated market
      position, or cost prohibitive through-the-cycle economics;

   -- Capital expenditures consistent with company guidance of
      $1.85 billion in 2015 with spending levels thereafter
      largely based on the current newbuild delivery schedule;

   -- Dividend payments forecast to be cancelled beginning in the
      fourth quarter of 2015;

   -- No Transocean Partners LLC (NYSE: RIGP) dropdowns or other
      related funding activity.

RATING SENSITIVITIES

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

   -- Heightened day and utilization rates across the company's
      core fleet suggesting strengthening market conditions;

   -- Demonstrated commitment by management to lower debt levels;

   -- Mid-cycle debt/EBITDA of 3.0x-3.5x on a sustained basis;

   -- Further progress in implementing the company's asset
      strategy to focus on the high-specification and ultra-
      deepwater markets.

Positive rating actions are unlikely medium term given the weak
offshore market and forecasted leverage metrics over the rating
horizon.  However, Fitch believes the company has exhibited a
willingness to manage the balance sheet through-the-cycle and
anticipates the credit profile to become more consistent with our
positive sensitivities as the cycle improves.

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

   -- Material, sustained declines in rig utilization and day
      rates, as well as margins, indicating further deterioration
      in market conditions and/or asset quality and mix;

   -- Higher debt levels resulting from increased capex,
      leveraging acquisitions, or shareholder-friendly actions;

   -- Mid-cycle debt/EBITDA above 4.0x on a sustained basis.

Negative rating actions may follow if the offshore market continues
to exhibit weakening trends that materially curtail debt reduction
efforts and/or limit revenue and recovery visibility.

ADEQUATE NEAR-TERM LIQUIDITY POSITION

Transocean had approximately $3.8 billion of cash and equivalents
as of June 30, 2015.  Subsequent to the company's July 2015 early
retirement of the remaining $900 million of debt due November 2015,
pro forma cash and equivalents are approximately $2.9 billion as of
Aug. 6, 2015.  Additionally, the company had approximately $304
million in restricted cash investments associated with the required
cash collateralization of the outstanding Eksportfinans loans and
other contingent obligations. Supplemental liquidity is provided by
the company's $3 billion senior unsecured credit facility due June
2019, including a $1 billion sublimit for letters of credit.  The
company had $3 billion in available borrowing capacity as of July
28, 2015 with the ability to request a $500 million upsizing of the
facility, subject to the current, as well as any additional
prospective, banks' willingness to participate.

HEIGHTENED MATURITIES PROFILE

Transocean has annual senior notes maturities equal to $1 billion,
$749 million, and $1.25 billion between 2016 and 2018.  These
represent the company's 5.05% senior notes due December 2016, 2.5%
senior notes due October 2017, 6% senior notes due March 2018, and
7.375% senior notes due April 2018.  This excludes Eksportfinans
principal amortization that is cash collateralized.  Fitch believes
that the company can largely retire the scheduled maturities with
cash-on-hand and forecasted positive FCF. Transocean, as defined in
its bank credit agreement, is subject to a maximum debt to tangible
capitalization ratio of 0.6 to 1.0 (0.4 as of June 30, 2015).
Other customary covenants consist of lien limitations and
transaction restrictions.

MANAGEABLE OTHER LIABILITIES

Transocean maintains several defined benefit pension plans, both
funded and unfunded, in the U.S. and abroad.  As of Dec. 31, 2014,
the company's funded status was negative $462 million.  Fitch
considers the level of pension obligations to be manageable and
notes that the U.S. benefits freeze helps to alleviate any future
pension-related credit risks.  Other contingent obligations are
principally comprised of purchase commitments totalling
approximately $5.3 billion on a multi-year, undiscounted basis as
of June 30, 2015.

FULL LIST OF RATING ACTIONS

Fitch has downgraded these ratings and assigned Recovery Ratings:

Transocean Inc.
   -- Long-term IDR to 'BB+' from 'BBB-';
   -- Senior unsecured notes to 'BB+/RR4' from 'BBB-';
   -- Senior unsecured bank facility to 'BB+/RR4' from 'BBB-'.

Global Santa Fe Inc.
   -- Long-term IDR to 'BB+' from 'BBB-';
   -- Senior unsecured notes to 'BB+/RR4' from 'BBB-'.

The Rating Outlook has been revised to Stable from Negative.



U.S. COAL: Ch. 7 Trustee OK'd to Hire Litigation Counsel
--------------------------------------------------------
Judge Tracey N. Wise of the Unites States Bankruptcy Court for the
Eastern District of Kentucky granted the application to employ
Barber Law PLLC, Foley & Lardner, LLP and, Bingham Greenebaum Doll,
LLP, filed by Phaedra Spradlin, as Chapter 7 trustee for Licking
River Mining, LLC, and its debtor affiliates.

When the Debtors' Chapter 11 cases were converted to Chapter 7, the
Trustee filed applications to employ the former counsel for the
Official Committee of Unsecured Creditors, Barber Law PLLC and
Foley & Lardner LLP, as her general and litigation counsel.

Following objections, including from the Lenders, the Chapter 7
Trustee revised Foley's proposed retention to limit its engagement
to litigation counsel in the Committee Litigation only and she now
seeks to employ Bingham Greenebaum Doll LLP as special counsel.
Prior to the bankruptcies, BGD served as general counsel for the
Debtors but has not represented them during these cases. During the
cases, BGD represented Lexon Insurance Co. and Bond Safeguard
Insurance Co. as local counsel, but has withdrawn from that
representation.

The U.S. Trustee filed objections to Barber's and Foley's
employment applications because their pending final chapter 11
Committee counsel fee applications requested immediate payment of
their allowed fees from a court-approved carve-out from the
Lenders' collateral.  The U.S. Trustee asserted that because the
Committee Litigation pending against the Lenders seeks, in part, to
avoid the Lenders' liens, Barber's and Foley's request for
immediate payment from the carve-out directly conflicts with the
bankruptcy estates' position that the liens are invalid.  According
to the U.S. Trustee, the conflict arises because if the liens are
invalid, the carve-out is invalid; and potentially, Barber and
Foley may be required to disgorge any payments they receive from
the carve-out.

The Lenders and Lexon also filed objections to Barber's and Foley's
employment on similar grounds and further asserted that through
their administrative claims for chapter 11 professional fees,
Barber and Foley hold interests adverse to the estates and
materially adverse to other creditor classes. The Lenders also
objected that Barber's and Foley's proposed services are
duplicative.

Judge Wise ordered the applicants Barber, Foley, and BGD, to
provide the specific services to be rendered by each of them and
the effect, if any, of BGD's proposed employment on Barber's and
Foley's proposed employment.  After reviewing the record and after
sufficiently advised, the Court granted the applications, subject
to certain limitations.

The case is IN RE LICKING RIVER MINING, LLC, et al., Chapter 7,
Debtors, Case No. 14-10201, jointly administered (Bankr. D. Ky.).

A full-text copy of Judge Wise's memorandum opinion and order dated
September 22, 2015, is available at http://is.gd/eFSijBfrom
Leagle.com.

Licking River Mining, LLC, Debtor, is represented by:

         Lee Harrington, Esq.
         NIXON PEABODY LLP
         21 Hanover Street
         London, W1S 1YU
         United Kingdom
         Phone: +44 (0) 20 7096 6600
         Fax: +44 (0) 20 7492 3766
         Email: lharrington@nixonpeabody.com

Jones Oil Company, Inc., Petitioning Creditor is represented by:

         Andrew D. Stosberg, Esq.
         LLOYD & MCDANIEL, PLC
         11405 Park Road Suite 200
         P.O. Box 23200
         Louisville, KY 40223-0200
         Phone: (502) 585-1880
         Toll Free: (866) 585-1880
         Fax: (502) 585-3054
         Email: astosberg@lloydmc.com

Phaedra Spradlin, Trustee is represented by:

         T. Kent Barber, Esq.
         BARBER LAW PLLC
         27 Hillsboro Street
         Pittsboro, NC 27312
         Phone: (919) 542-5050
         Fax: (919) 542-3468

            -- and --

         Geoffrey S. Goodman, Esq.
         FOLEY & LARDNER LLP
         321 North Clark Street
         Suite 2800
         Chicago, IL 60654-5313
         Tel: 312.832.4514
         Email: ggoodman@foley.com

            -- and --

         Claude R. Bowles Jr., Esq.
         James R. Irving, Esq.
         BINGHAM GREENEBAUM DOLL LLP
         3500 National City Tower
         101 South Fifth Street
         Louisville, KY 40202
         Phone: (502) 587-3746
         Fax: (502) 587-3695
         Email: cbowles@bgdlegal.com
                jirving@bgdlegal.com

U.S. Trustee, U.S. Trustee, represented by John L. Daugherty and
Rachelle C. Dodson.

                      About U.S. Coal

On May 22, 2014, an involuntary Chapter 11 petition was filed
against Licking River Mining, LLC, before the United States
Bankruptcy Court for the Eastern District of Kentucky.  On May 23,
2014, an involuntary Chapter 11 petition was filed against Licking
River Resources, Inc. and Fox Knob Coal., Inc.  On June 3, 2014,
an involuntary Chapter 11 petition was filed against S.M. & J.,
Inc.

On June 4, 2014, an involuntary Chapter 11 petition was filed
against J.A.D. Coal Company, Inc.  On June 12, 2014, the Court
entered an order for relief in each of the bankruptcy cases.

On June 10, 2014, an involuntary Chapter 11 petition was filed
against U.S. Coal Corporation.  On June 27, 2014, the Court
entered
an order for relief in U.S. Coal's bankruptcy case.

On Nov. 4, 2014, Harlan County Mining, LLC, Oak Hill Coal, Inc.,
Sandlick Coal Company, LLC, and U.S. Coal Marketing, LLC, filed
petitions in the United States Bankruptcy Court for the Eastern
District of Kentucky seeking relief under chapter 11 of the United
States Bankruptcy Code.  The Debtors' cases have been assigned to
Chief Judge Tracey N. Wise.  The Debtors are seeking to have their
cases jointly administered for procedural purposes, meaning that
upon entry of such an order all pleadings will be maintained on
the case docket for Licking River Mining, LLC, Case No. 14-10201.

U.S. Coal produces and sells thermal coal purchased primarily by
utilities and trading companies and specialty coal purchased by
various industrial customers and trading companies (known as
"stoker" coal).  U.S. Coal operates through two divisions: (1) the
Licking River Division that was formed through the acquisition of
LR Mining, LRR, and S.M. & J., and Oak Hill Coal, Inc. in January
2007 for $33 million, and (2) the J.A.D. Division that was formed
through the acquisition of JAD and Fox Knob, and Sandlick Coal
Company, LLC and Harlan County Mining, LLC in April 2008 for $41
million.  Both the LRR Division and the JAD Division are located
in the Central Appalachia region of eastern Kentucky. The LRR
Division has approximately 26.3 million tons of surface reserves
under lease.  The JAD Division has 24.4 million tons of surface
reserves, both leased and owned real property.  At present, U.S.
Coal has three surface mines in operation between the LRR Division
and JAD Division.

The Official Committee of Unsecured Creditors has tapped Barber
Law PLLC and Foley & Lardner as attorneys.

The Debtors are represented by Amelia Martin Adams, Esq., and
Laura Day DelCotto, Esq. of Delcotto Law Group PLLC; and Dennis J.
Drebsky, Esq., and Christopher M. Desiderio, Esq., of Nixon
Peabody LLP.


VALITAS HEALTH: S&P Lowers CCR to 'CCC', Still on Watch Negative
----------------------------------------------------------------
Standard & Poor's Ratings Services lowered its corporate credit
rating on correctional health care provider Valitas Inc. to 'CCC'
from 'B-'.  At the same time, S&P lowered its issue-level rating on
Valitas' senior secured credit facilities to 'CCC' from 'B-' to
reflect the lowered corporate credit rating.  The ratings remain on
CreditWatch with negative implications.

"Our rating action on Valitas reflects our expectation that the
company will be unable to comply with its financial covenants for
the Sept. 30, 2015, testing period," said Standard & poor's credit
analyst Shannan Murphy.  It also reflects S&P's belief that the
company's ability to negotiate an amendment to these financial
covenants is highly uncertain given the short time frame until its
financial statements are filed, as well as some recent negative
operating trends affecting the business, including the recent loss
of a contract in New York and underperformance under the company's
Florida prison contract (its largest).  Moreover, S&P's rating
action also reflects its expectation that the company will continue
to require access to a revolving credit facility or other source of
backup liquidity, especially in the first half of each fiscal year
where cash flow is traditionally negative; without this access, S&P
believes that the company could encounter a liquidity event due to
normal month-to-month working capital swings.

S&P intends to resolve its CreditWatch listing when it has more
information regarding Valitas' near-term plans to address its
financial covenants and its long-term plans to address its capital
structure.  S&P's review will also focus on the company's ability
to maintain access to liquidity, its plan to address the 2016
revolver maturity, and the sustainability of its capital structure
over the next few years.

S&P could lower the rating if the company is unable to amend its
financial covenants to ensure sufficient access to its revolving
credit facility.  Under this scenario, S&P believes that the
company could be in covenant default when its September financial
statements are filed in mid-November.  To the extent that S&P
believes the company can resolve its covenant issues, maintain
access to the revolver, and generate breakeven to slightly positive
free cash flow on a recurring basis, a one- to two-notch upgrade is
possible.



VIGGLE INC: May Issue 2.5-Mil. Shares Under 2011 Incentive Plan
---------------------------------------------------------------
Viggle Inc. filed a Form S-8 registration statement with the
Securities and Exchange Commission to register an additional
2,500,000 shares of its common stock, par value $0.001 per share,
which may be issued as a result of an increase in the number of
shares issuable under the Company's Third Amended 2011 Executive
Incentive Plan.  A copy of the prospectus is available at:

                         http://is.gd/ZkAmdu

                            About Viggle

New York City-based Viggle Inc. is a loyalty marketing company.
The Company has developed a loyalty program for television that
gives people real rewards for checking into the television shows
they are watching on most mobile operating system.  Viggle users
can redeem their points in the app's rewards catalog for items
such as movie tickets, music, or gift cards.

Viggle reported a net loss attributable to common stockholders of
$78.9 million on $25.5 million of revenue for the year ended
June 30, 2015, compared to a net loss attributable to common
stockholders of $68.1 million on $17.98 million of revenues for the
year ended June 30, 2014.

As of June 30, 2015, the Company had $70.2 million in total
assets, $54.08 million in total liabilities, $11.8 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.


WAFERGEN BIO-SYSTEMS: AWM Reports 4.9% Stake as of Sept. 30
-----------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, AWM Investment Company, Inc. disclosed that as of Sept.
30, 2015, it beneficially owned 292,952 shares of common stock of
WaferGen Bio-systems, Inc. representing 4.99 percent of the shares
outstanding.  A copy of the regulatory filing is available for free
at http://is.gd/NfvV7Q

                       http://is.gd/jAoe0Y

                    About WaferGen Bio-systems

Fremont, California-based WaferGen Bio-systems, Inc., engages in
the development of systems for gene expression quantification,
genotyping and stem cell research.  Since 2008, the Company's
primary focus has been on the development, manufacture and
marketing of its SmartChip System, a genetic analysis platform
used for profiling and validating molecular biomarkers in the life
sciences and pharmaceutical drug discovery industries.

WaferGen Bio-systems reported a net loss of $10.7 million in 2014,
a net loss of $16.3 million in 2013 and a net loss of $8.97 million
in 2012.

As of June 30, 2015, the Company had $13.2 million in total assets,
$6.9 million in total liabilities and $6.3 million in total
stockholders' equity.


WALTER ENERGY: May Use Cash Collateral Through Nov. 20
------------------------------------------------------
Walter Energy, Inc., filed a notice with the Bankruptcy Court for
the Northern District of Alabama announcing that the Debtors' right
to use cash collateral pursuant to the Amended Cash Collateral
Order had been extended by agreement with the steering committee to
November 20, 2015.

On September 28, 2015, the Bankruptcy Court entered the Amended
Final Order (A) Authorizing Postpetition Use of Cash Collateral,
(B) Granting Adequate Protection to Prepetition Secured Parties and
(C) Granting Related Relief, authorizing the Debtors to use Cash
Collateral (as defined therein) on the terms described therein.

                       About Walter Energy

Walter Energy -- http://www.walterenergy.com/-- is a publicly  
traded "pure-play" metallurgical coal producer for the global steel
industry with strategic access to steel producers in Europe, Asia
and South America.  The Company also produces thermal coal,
anthracite, metallurgical coke and coal bed methane gas.  Walter
Energy employs approximately 2,700 employees, with operations in
the United States, Canada and the United Kingdom.

For the year ended Dec. 31, 2014, the Company reported a net loss
of $471 million following a net loss of $359 million in 2013.  

Walter Energy, Inc., and its affiliates sought Chapter 11
protection (Bankr. N.D. Ala. Lead Case No. 15-02741) in Birmingham,
Alabama on July 15, 2015, after signing a restructuring support
agreement with first-lien lenders.

Walter Energy disclosed total assets of $5.2 billion and total debt
of $5 billion as of March 31, 2015.

The Debtors tapped Paul, Weiss, Rifkind, Wharton & Garrison as
counsel; Bradley Arant Boult Cummings LLP, as co-counsel; Ogletree
Deakins LLP, as labor and employment counsel; Maynard, Cooper &
Gale, P.C., as special counsel; Blackstone Advisory Services, L.P.,
as investment banker; AlixPartners, LLP, as financial advisor, and
Kurtzman Carson Consultants LLC, as claims and noticing agent.

The Bankruptcy Administrator for the Northern District of Alabama
appointed an Official Committee of Unsecured Creditors and an
Official Committee of Retirees.  The Creditors Committee tapped
Morrison & Foerster LLP and Christian & Small LLP as attorneys.
The Retiree Committee retained Adams & Reese LLP and Jenner & Block
LLP as attorneys.

The informal group of certain unaffiliated First Lien Lenders and
First Lien Noteholders (the "Steering Committee") retained Akin,
Gump, Strauss, Hauer and Feld LLP as legal advisor, and Lazard
Freres & Co. LLC as financial advisor.

Attorneys to the Steering Committee:

         Michael Leo Hall, Esq.
         D. Christopher Carson, Esq.
         Hanna Lahr, Esq.
         BURR & FORMAN LLP
         420 North 20th Street, Suite 3400
         Birmingham, AL 35203
         Tel: (205) 251-3000
         Fax: (205) 458-5100
         E-mail: mhall@burr.com
                 ccarson@burr.com
                 hlahr@burr.com

              - and -

         Ira S. Dizengoff, Esq.
         Marty L. Brimmage, Jr., Esq.
         Deborah J. Newman, Esq.
         Kristine G. Manoukian, Esq.
         AKIN GUMP STRAUSS HAUER & FELD LLP
         One Bryant Park
         Bank of America Tower
         New York, NY 10036-6745
         Tel: (212) 872-1000
         Fax: (212) 872-1002
         E-mail: idizengoff@akingump.com
                 mbrimmage@akingump.com
                 djnewman@akingump.com
                 kmanoukian@akingump.com

Attorneys to the Creditors Committee:

         Bill D. Bensinger, Esq.
         Daniel D. Sparks, Esq.
         CHRISTIAN & SMALL LLP
         1800 Financial Center
         505 North 20th Street
         Birmingham, AL 35203
         Tel: (205) 250-6626
         Fax: (205) 328-7234
         E-mail: bdbensinger@csattorneys.com
                 ddsparks@csattorneys.com

              - and -
         MORRISON & FOERSTER LLP
         Brett H. Miller, Esq.
         Lorenzo Marinuzzi, Esq.
         Jennifer Marines, Esq.
         Erica J. Richards, Esq.
         250 West 55th Street
         New York, NY 10019-9601
         Tel: (212) 468-8000
         Fax: (212) 468-7900
         E-mail: brettmiller@mofo.com
                 lmarinuzzi@mofo.com
                 jmarines@mofo.com
                 erichards@mofo.com

Counsel to the Debtors:

         Patrick Darby, Esq.
         Jay Bender, Esq.
         Cathleen Moore, Esq.
         James Bailey, Esq.
         BRADLEY ARANT BOULT CUMMINGS LLP
         One Federal Place
         1819 Fifth Avenue North
         Birmingham, AL 35203-2119
         Tel: (205) 521-8000
         E-mail: pdarby@babc.com
                 jbender@babc.com
                 ccmoore@babc.com
                 jbailey@babc.com

              - and -

         Kelley A. Cornish, Esq.
         Stephen J. Shimshak, Esq.
         Claudia R. Tobler, Esq.
         PAUL, WEISS, RIFKIND, WHARTON & GARRISON LLP
         1285 Avenue of the Americas
         New York, NY 10019-6064
         Telephone: (212) 373-3000
         E-mail: kcornish@paulweiss.com
                 sshimshak@paulweiss.com
                 ctobler@paulweiss.com

The Retiree Committee's counsel:

         Richard P. Carmody, Esq.
         ADAMS & REESE LLP
         Regions Harbert Plaza
         1901 6th Avenue North, Suite 3000
         Birmingham, AL 35203
         E-mail: richard.carmondy@arlaw.com

              - and -

         Catherine Steege, Esq.
         Charles B. Sklarsky, Esq.
         Melissa M. Root, Esq.
         Landon S. Raiford, Esq.
         JENNER & BLOCK LLP
         353 North Clark Street
         Chicago, IL 60654-3456
         Tel: (312) 222-9350
         Fax: (312) 527-0484
         E-mail: csteege@jenner.com
                 csklarsky@jenner.com
                 mroot@jenner.com
                 lraiford@jenner.com


WEIAND AUTOMOTIVE: Bid to Junk Cleanup Cost Suit Partially OK'd
---------------------------------------------------------------
Judge Otis D. Wright, II, of the United States District Court for
the Central District of California granted in part and denied in
part Weiand Automotive's motion to dismiss Mehrabian Family Trust
and Auto Mart Group, Inc.'s action to recover underground
contamination cleanup costs under the Comprehensive Environmental
Response, Compensation, and Liability Act and related state law
claims.

Judge Wright grants Weiand Automotive's Motion to Dismiss without
leave to amend with respect to the Plaintiffs' thirteenth cause of
action for restitution, and Plaintiff CA Auto Mart Group's tenth
cause of action for waste.  The Court also grants the Motion with
leave to amend as to the Plaintiffs' causes of action for unjust
enrichment, negligence, negligence per se, waste, and equitable
indemnity.  Judge Wright denied the Motion in all other respects,
and directed the Plaintiffs to file a First Amended Complaint.

The case is Mehrabian Family Trust; Auto Mart Group, Inc.,
Plaintiffs, V. Joan F. Weiand Trust; Joan F. Weiand; Weiand
Automotive Industries, Inc., Defendants, Ca Case No.
2:15-CV-02105-ODW (AGRX)(C.D. Calif.).

A full-text copy of Judge Wright's order dated September 11, 2015,
is available at http://is.gd/9vZfiKfrom Leagle.com.

Plaintiffs are represented by:

         Carmen A Trutanich, Esq.  
         Edward Timothy Walker, Esq.  
         TUCKER ELLIS LLP
         515 South Flower Street
         Forty-Second Floor
         Los Angeles, CA 90071
         Tel: 213.430.3400
         Fax: 213.430.3409
         Email: carmen.trutanich@tuckerellis.com
          charissa.walker@tuckerellis.com

Defendants are represented by:

         Michael R Leslie, Esq.
         Jeanne A Fugate, Esq.
         CALDWELL LESLIE AND PROCTOR PC
         725 S Figueroa St, 31st Floor  
         Los Angeles, CA 90017
         Phone: (213) 629-9040
         Email: leslie@caldwell-leslie.com
          fugate@caldwell-leslie.com

            -- and --

         Raymond J. Park, Esq.
         Michael E. Gallagher, Jr, Esq.
         BASSI, EDLIN, HUIE & BLUM LLP,
         333 S. Hope Street, 35th Floor
         Los Angeles, CA 90071
         Phone: 213.412.2661
         Fax: 213.652.1992
         Email: rpark@behblaw.com
          mgallagher@behblaw.com

            -- and --

         Ani Adjemian, Esq.
         WFBM, LLP
         707 Wilshire Blvd., Suite 3280
         Los Angeles, CA 90017
         T: 213.489.4820
         F: 213.489.4015
         Email: aadjemian@wfbm.com

            -- and --

         Jed I Lowenthal, Esq.
         Albert Martin Cohen, Esq.
         LOEB AND LOEB LLP
         10100 Santa Monica Boulevard, Suite 2200
         Los Angeles, CA 90067
         T: 310.282.2000
         F: 310.282.2200
         Email: jlowenthal@loeb.com

            -- and --

         Rudy R Perrino, Esq.
         WALSWORTH FRANKLIN BEVINS
         707 Wilshire Blvd., Suite 3280
         Los Angeles, CA 90017
         T: 213.489.4820
         F: 213.489.4015
         Email: rperrino@wfbm.com


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

      Debtor                                    Case No.
      ------                                    --------
      Wire Company Holdings, Inc.               15-12097
      500 E. Middle Street
      Hanover, PA 17331

      Wire Property Holdings, LLC               15-12098

Type of Business: Manufacturer of wire and wire mesh
                  products servicing a broad range of
                  applications

Chapter 11 Petition Date: October 8, 2015

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

Debtors' Counsel: Christopher A. Ward, Esq.
                  Justin K. Edelson, Esq.
                  POLSINELLI PC
                  222 Delaware Avenue, Suite 1101
                  Wilmington, DE 19801
                  Tel: 302-252-0920
                  Fax: 302-252-0921
                  Email: cward@polsinelli.com
                         jedelson@polsinelli.com

                     - and -

                  Sharon L. Levine, Esq.
                  Nicole Stefanelli, Esq.
                  Andrew D. Behlmann, Esq.
                  LOWENSTEIN SANDLER LLP
                  65 Livingston Avenue
                  Roseland, New Jersey 07068
                  Tel: (973) 597-2500
                  Fax: (973) 597-2400
                  Email: slevine@lowenstein.com
                         nstefanelli@lowenstein.com
                         abehlmann@lowenstein.com

Debtors'          KURTZMAN CARSON CONSULTANTS LLC
Claims and
Noticing
Agent:

Estimated Assets: $10 million to $50 million

Estimated Debts: $10 million to $50 million

The petition was signed by Sandeep Gupta, chief restructuring
officer.

Consolidated List of Debtors' 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
General Cable Industries Inc.       Raw Material       $522,006
4 Tessener Drive
Highland Heights, KY 41076
cjasmin@generalcable.com
Tel: 859-572-8000

PPG Industrial                      Raw Material       $377,689
10800 S. 13th Street
Oak Creek, Wi 53154
mpalmer@ppg.com
Tel: 800-338-8391

Healthassurance PA, Inc.         Health Insurance      $142,227

Ivaco Rolling Mills                Raw Material        $142,574

Akzo Nobel Coatings                Raw Material        $134,407

Expeditors International          International         $94,127
                                     Freight
                                    Forwarder

UGI Energy                      Gas and Electricity     $87,032
dba UGI Energy Link

Gerdau Long Steel North America    Raw Material         $76,985

PPL EnergyPlus                      Electricity         $74,506

Delta Packaging Inc.                 Packaging          $74,142

Alcoa Inc.                         Raw Material         $49,674

Fratelli Mariani SPA               Raw Material         $37,234

Luvata Appleton LLC                Raw Material         $36,503

UPMC Health Benefits Inc.            Workers            $34,615
                                   Compensation
                                     Insurance

B & Z Galvanized Industry          Raw Material         $32,014

The Borough of Hanover           Water and Sewer        $28,840
                                    Utilities

McGladrey PPL                    Professional Fees      $25,545

Fedex Freight                        Freight            $23,562

M & M Pallet LLC                  Shipping Pallets      $22,818

Transply, Inc.                      Machinery           $22,350
                                   Maintenance
                                      Parts

Donald B Smith                     Office Roof          $20,450
                                   Replacement

Compound Technology Inc.           Raw Material         $19,887

Cintas Corporation              Uniforms/Supplies       $15,964

US Customs                        Customs Duties        $15,688

North Industrial                   Raw Material         $14,941

Heatbath Corporation               Raw Materials        $12,778

Aetna                            Health Insurance        $9,882

Hanover Intermodal                Transporation          $9,797
                                     Services

Met-Ed                             Electricity           $8,783

Saint Gobain                     Raw Materials           $8,439


WIRE COMPANY: Files for Chapter 11 With Deal to Sell for $8M
-------------------------------------------------------------
Hanover, Pa.-based Wire Company Holdings, Inc. and Wire Property
Holdings, LLC sought Chapter 11 bankruptcy protection in Delaware
saying they are unable to meet payment obligations under their
prepetition credit agreements.

The Debtors had approximately $14,642,000 in total indebtedness as
of the Petition Date, court filings show.  Of that amount,
approximately $12,207,451 (plus accrued interest) constitutes
secured debt.

The manufacturer of wire mesh and wire products said in court
papers that they began to incur losses in 2012 after opening a
manufacturing facility in China.

"The China Facility experienced long and expensive start-up issues,
including high turnover in the general manager position as well as
production delays and other problems," according to the documents
filed with the Court.  These losses as well as the cost of
increased inventory controls necessitated by the China Facility
triggered defaults under the Debtors' secured lending facilities
with First Niagara Bank, N.A., court filings suggest.

The Debtors and First Niagara Bank are parties a Credit Agreement
dated as of Sept. 2, 2011, as amended, pursuant to which the Bank
made available to the loans including (a) a line of credit in the
maximum principal amount of $8,850,000, (b) a term loan in the
original principal amount of $4,000,000, (c) a term loan in the
original principal amount of $1,000,000, and (d) a term loan in the
original principal amount of $500,000.

Sandeep Gupta, chief restructuring officer of the Debtors, said
that prior to the Petition Date, the Debtors and the Prepetition
Secured Lender entered into several amendment and forbearance
agreements, most recently the Forbearance and Seventh Amendment
Agreement dated as of Sept. 9, 2015.  Under the Current Forbearance
Agreement, the Debtors agreed to embark on a mission to market
their assets.

Concurrently with the filing of the petition, the Debtors are
seeking permission to sell substantially all of their assets to NYW
Acquisition, LLC, as the stalking horse purchaser, for $8,100,000,
subject to higher and better bids.  The parties expect to close the
Sale by Dec. 15, 2015.

To minimize any adverse effects of the commencement of these
Chapter 11 cases on their business and ensure that their
restructuring goals can be implemented with limited disruption to
their operations, the Debtors have requested a variety of relief in
"first day" motions and applications.  The Debtors are seeking,
among other things, authority to utilize cash collateral, use
existing cash management system, pay employee obligations, prohibit
utility providers from discontinuing services, and pay critical
vendor claims.

The Debtors have obtained commitment from First Niagara Bank to
provide post-petition financing of up to $3,691,554, subject to
court approval.

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

           http://bankrupt.com/misc/12_WIRE_Declaration.pdf

                          About Wire Company

Wire Company Holdings, Inc. and Wire Property Holdings, LLC
filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Case Nos.
15-12097 and 15-12098, respectively) on Oct. 8, 2015.  Sandeep
Gupta signed the petition as chief restructuring officer.

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

For the year ended Dec. 31, 2014, the Debtors reported a net loss
of $4,942,000 on revenues of $44,399,000 on a consolidated basis.
For the year ended Dec. 31, 2013, the Debtors reported a net loss
of approximately $4,145,000 on revenues of approximately
$46,712,000.  Through August 2015, the Debtors reported a net loss
of approximately $3,859,000 on revenues of $27,617,000 on a
consolidated basis.

The Debtors have engaged Polsinelli PC and Lowenstein Sandler LLP
as counsel; and Kurtzman Carson Consultants LLC as claims and
noticing agent.

As of Sept. 1, 2015, the Debtors employed approximately 237
individuals.


WIRE COMPANY: Obtains Commitment for $3.7-Mil. DIP Facility
-----------------------------------------------------------
Wire Company Holdings, Inc. and Wire Property Holdings, LLC are
seeking permission from the Bankruptcy Court to obtain
post-petition financing to among other things, continue to operate
their businesses, pay vendors, suppliers and customers, pay
employees and satisfy other working capital and operational needs.

The Debtors had entered into an agreement with First Niagara Bank,
N.A., for a senior secured, superpriority debtor-in-possession
credit facility in an aggregate principal amount of $3,691,554,
consisting of (i) a roll-up credit facility in the maximum
principal amount of $2,291,554; and (ii) a revolving credit
facility in the maximum principal amount of $1,400,000, of which
$750,000 is available upon entry of an interim order.  

The Debtors also seek to utilize the Lender's cash collateral.

"It is imperative that the Debtors obtain authority to use Cash
Collateral to meet their working capital needs.  The inability to
use Cash Collateral during these Chapter 11 Cases would cripple the
Debtors' business operations," says Sharon L. Levine, Esq., at
Lowenstein Sandler LLP, counsel to the Debtors.

Interest will accrue at the per annum rate of 7 percent payable
monthly of the outstanding principal balance of the DIP Loans.

All Obligations under the DIP Agreement and the other DIP Documents
will constitute an allowed superpriority administrative expense
claim against the Borrowers with priority in the Chapter 11 cases
over any and all administrative expense claims and unsecured claims
against the Borrowers and their estates.

The Debtors assert that the terms of the DIP Agreement, the use of

Cash Collateral, and all other financial accommodations provided
under the DIP Agreement and the DIP Orders are fair and reasonable
and reflect their exercise of prudent business judgment consistent
with their fiduciary duties.

As of the Petition Date, the Borrowers were indebted to First
Niagara Bank not less than $12,207,451 in respect of the
Prepetition Loans made pursuant to the Prepetition Credit Agreement
and other Loan Documents, plus accrued and unpaid interest.

To secure the Prepetition Obligations, the Borrowers granted
security interests and liens to the Prepetition Secured Lender,
including liens on and security interests in the personal property
and real property interests of Borrowers constituting "Collateral"
under, and as defined in, the Prepetition Credit Agreement.

                        About Wire Company

Wire Company Holdings, Inc. and Wire Property Holdings, LLC
filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Case Nos.
15-12097 and 15-12098, respectively) on Oct. 8, 2015.  Sandeep
Gupta signed the petition as chief restructuring officer.

The Debtors are manufacturer of wire and wire mesh products
servicing a broad range of applications.

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

For the year ended Dec. 31, 2014, the Debtors reported a net loss
of $4,942,000 on revenues of $44,399,000 on a consolidated basis.
For the year ended Dec. 31, 2013, the Debtors reported a net loss
of approximately $4,145,000 on revenues of approximately
$46,712,000.  Through August 2015, the Debtors reported a net loss
of approximately $3,859,000 on revenues of $27,617,000 on a
consolidated basis.

The Debtors have engaged Polsinelli PC and Lowenstein Sandler LLP
as counsel; and Kurtzman Carson Consultants LLC as claims and
noticing agent.

As of Sept. 1, 2015, the Debtors employed approximately 237
individuals.


WIRE COMPANY: Proposes to Pay $650,000 Critical Vendors Claims
--------------------------------------------------------------
Wire Company Holdings, Inc. and Wire Property Holdings, LLC seek
authority from the Bankruptcy Court to pay prepetition claims of
critical vendors of up to $650,000.

In the ordinary course of business, the Debtors purchase goods or
services from Critical Vendors that, as an actual or practical
matter, may be the only supplier available to them.  According to
the Debtors, certain of the Critical Vendors are sole-source
providers.  Other Critical Vendors are impossible to replace given
an approximately four month lead time from the time the Debtors
place an order until the goods are delivered, the Debtors add.  

"Having to replace Critical Vendors who are holding finished
products or who are in the process of fulfilling the Debtors'
orders would be detrimental to the Debtors' business," Sharon L.
Levine, Esq., at Lowenstein Sandler LLP, counsel to the Debtors,
tells the Court.

The Debtors propose to condition the payment of Critical Vendor
Claims on the agreement of the individual Critical Vendor to
continue supplying goods and services to the Debtors on terms that
are as, or more, favorable to the Debtors as the most favorable
trade terms, practices, and programs in effect between the Critical
Vendor and the Debtors in the 12 months prior to the Petition Date,
or such other trade terms as are agreed to by the Debtors and the
Critical Vendor.  The Debtors reserve the right to negotiate new
trade terms with any Critical Vendor as a condition to payment of
any Critical Vendor Claim.

The Debtors assert they have no direct ability to prevent Critical
Vendors from shutting down their operations by refusing to deliver
essential goods if the Debtors fail to make payment.

                         About Wire Company

Wire Company Holdings, Inc. and Wire Property Holdings, LLC
filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Case Nos.
15-12097 and 15-12098, respectively) on Oct. 8, 2015.  Sandeep
Gupta signed the petition as chief restructuring officer.

The Debtors are manufacturer of wire and wire mesh products
servicing a broad range of applications.

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

For the year ended Dec. 31, 2014, the Debtors reported a net loss
of $4,942,000 on revenues of $44,399,000 on a consolidated basis.
For the year ended Dec. 31, 2013, the Debtors reported a net loss
of approximately $4,145,000 on revenues of approximately
$46,712,000.  Through August 2015, the Debtors reported a net loss
of approximately $3,859,000 on revenues of $27,617,000 on a
consolidated basis.

The Debtors have engaged Polsinelli PC and Lowenstein Sandler LLP
as counsel; and Kurtzman Carson Consultants LLC as claims and
noticing agent.

As of Sept. 1, 2015, the Debtors employed approximately 237
individuals.


WIRE COMPANY: Wants 30-Day Extension for Schedules and Statements
-----------------------------------------------------------------
Wire Company Holdings, Inc. and Wire Property Holdings, LLC ask the
Bankruptcy Court to extend their deadline by 30 days to file their
schedules of assets and liabilities and statements of financial
affairs.

Pursuant to Bankruptcy Rule 1007(c), schedules, statements, and
other documents
must ordinarily be filed along with the chapter 11 petition, or
within 14 days thereafter.

"Due to the number of creditors present in these Chapter 11 Cases,
the size of the Debtors' businesses and the limited staffing
available to gather and process the substantial volume of
information that would be required to complete the Schedules and
Statements, the Debtors do not believe the fourteen (14) day period
provided for under Bankruptcy Rule 1007(c) will be sufficient to
complete the Schedules and Statements," says Sharon L. Levine,
Esq., at Lowenstein Sandler LLP, counsel to the Debtors.

                        About Wire Company

Wire Company Holdings, Inc. and Wire Property Holdings, LLC
filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Case Nos.
15-12097 and 15-12098, respectively) on Oct. 8, 2015.  Sandeep
Gupta signed the petition as chief restructuring officer.

The Debtors are manufacturer of wire and wire mesh products
servicing a broad range of applications.

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

For the year ended Dec. 31, 2014, the Debtors reported a net loss
of $4,942,000 on revenues of $44,399,000 on a consolidated basis.
For the year ended Dec. 31, 2013, the Debtors reported a net loss
of approximately $4,145,000 on revenues of approximately
$46,712,000.  Through August 2015, the Debtors reported a net loss
of approximately $3,859,000 on revenues of $27,617,000 on a
consolidated basis.

The Debtors have engaged Polsinelli PC and Lowenstein Sandler LLP
as counsel; and Kurtzman Carson Consultants LLC as claims and
noticing agent.

As of Sept. 1, 2015, the Debtors employed approximately 237
individuals.


XINERGY LTD: Time to Decide on Leases Extended Until Nov. 2
-----------------------------------------------------------
Judge Paul M. Black of the United States Bankruptcy Court for the
Western District of Virginia, Roanoke Division, extended the time
by which Xinergy Ltd., et al., must decide whether to assume or
reject unexpired leases of nonresidential real property through and
including November 2, 2015, or a later date as may be agreed in
writing between the Debtors and the applicable lessors.

Any Leases proposed to be assumed or rejected by the Debtors by a
motion filed on or before the Extended Deadline will not be deemed
rejected under Section 365(d)(4) of the Bankruptcy Code
irrespective of whether the Court has entered an order granting or
denying such motion by the Extended Deadline, and that lease will
be assumed or rejected only upon further order of the Court
approving such assumption or rejection.

The Debtors asked the Court for the extension of the lease decision
period stating that in the short time since the Petition Date, the
Debtors have used their staff and resources to stabilize their
operations, prepare and file their schedules of assets and
liabilities and statements of financial affairs, and address a
complex set of legal and business issues.  The Debtors said that,
in light of the size, complexity and demands of these cases, the
number of Leases, and their importance to the Debtors' operations,
it would not be practical to require them to make final
determinations regarding the assumption or rejection of the Leases
on or before August 4, 2015.  Numerous significant business and
legal issues have already arisen that have required and will
continue to require a great deal of time on the part of the Debtors
and their professionals.  More than 300 motions, notices,
applications, petitions, orders and other pleadings have been filed
in just the first three and a half months of these cases, the
Debtors related.

Addressing these pleadings, responding to scores of creditor,
supplier and customer inquiries, and working to create and
negotiate a plan of reorganization with the Debtors' pre- and
postpetition secured lenders alone has required significant time
and resources, the Debtors said.  Absent the relief requested in
the extension motion, the Debtors could be severely prejudiced, the
Debtors asserted.  They might be forced to prematurely assume
economically unnecessary Leases, which would lead to administrative
claims against their estates were such Leases later to be deemed
unhelpful to the Debtors' restructuring strategy, the Debtors said.
Conversely, if the Debtors prematurely rejected Leases, or were
deemed to reject Leases by operation of Section 365(d)(4), they
would be relinquishing property interests that could later prove
important to their restructuring efforts, the Debtors further
asserted.  Furthermore, the extension requested herein would allow
the Debtors to take maximum advantage of the proposed extension and
would eliminate any uncertainty regarding the timing of an
assumption or rejection.  The proposed Order provides that the
Debtors will be deemed to have complied with the timing requirement
of Section 365(d)(4) by filing Timely Election Motions irrespective
of whether the Court enters orders granting or denying such motions
by the Extended Deadline.

Xinergy Ltd., et al. are represented by:

          Tyler P. Brown, Esq.
          Henry P. (Toby) Long, III, Esq.
          Justin F. Paget, Esq.
          HUNTON & WILLIAMS LLP
          Riverfront Plaza, East Tower
          951 East Byrd Street
          Richmond, VA 23219
          Tel: (804) 788-8200
          Fax: (804) 788-8218
          Email: tpbrown@hunton.com
                 hlong@hunton.com
                 jpaget@hunton.com

                         About Xinergy, Ltd.

Xinergy is a U.S. producer of metallurgical and thermal coal with
mineral reserves, mining operations and coal properties located in
the Central Appalachian ("CAPP") regions of West Virginia and
Virginia.  Xinergy's operations principally include two active
mining complexes known as South Fork and Raven Crest located in
Greenbrier and Boone Counties, West Virginia.  Xinergy also leases
or owns the mineral rights to properties located in Fayette,
Nicholas and Greenbrier Counties, West Virginia and Wise County,
Virginia. Collectively, Xinergy leases or owns mineral rights to
approximately 72,000 acres with proven and probable coal reserves
of approximately 77 million tons and additional estimated reserves
of 40 million tons.

Xinergy Ltd. and 25 subsidiaries commenced Chapter 11 bankruptcy
cases (Bankr. W.D. Va. Lead Case No. 15-70444) on April 6, 2015.

The cases have been assigned to Judge Paul M. Black.  The cases are
being jointly administered for procedural purposes.

Xinergy Ltd. disclosed $36,968,445 in assets and $215,000,000 in
liabilities as of the Chapter 11 filing.

The Debtors tapped Hunton & Williams LLP as attorneys; Global
Hunter Securities, as financial advisor, and American Legal Claims
Services, LLC as claims, noticing and balloting agent.

The U.S. Trustee appointed a two member official committee of
unsecured creditors.  The Committee tapped to retain McGuireWoods
LLP as lead counsel, and Whiteford, Taylor & Preston, LLP as its
local counsel.


ZOGENIX INC: RA Capital Reports 7.5% Stake as of Sept. 28
---------------------------------------------------------
RA Capital Management, LLC disclosed in a Schedule 13G filed with
the Securities and Exchange Commission that as of Sept. 28, 2015,
it beneficially owns 1,840,716 shares of common stock of Zogenix,
Inc., representing 7.5 percent of the shares outstanding.

RA Capital Management, LLC is the general partner of RA Capital
Healthcare Fund, L.P. and serves as investment adviser for a
separately managed account.  Peter Kolchinsky is the manager of
Capital.

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

                        http://is.gd/4BrW1m

                         About Zogenix Inc.

Zogenix, Inc. (NASDAQ: ZGNX), with offices in San Diego and
Emeryville, California, is a pharmaceutical company
commercializing and developing products for the treatment of
central nervous system disorders and pain.

Zogenix reported net income of $8.58 million in 2014 following a
net loss of $80.85 million in 2013.

As of June 30, 2015, the Company had $246.7 million in total
assets, $138.6 million in total liabilities and $108.1 million in
total stockholders' equity.

Ernst & Young LLP, in San Diego, California, issued a "going
concern" qualification on the consolidated financial statements
for the year ended Dec. 31, 2014, citing that the Company's
recurring losses from operations and negative cash flows from
operating activities raise substantial doubt about its ability to
continue as a going concern.


[*] Cadwalader's John Thompson Joins McGuireWoods
-------------------------------------------------
John H. Thompson, a corporate restructuring lawyer with 14 years of
experience representing clients in a wide variety of industries,
has joined McGuireWoods as a partner in the firm's Restructuring
and Insolvency Department. While he will be resident in the firm's
Washington, D.C., office, he also will maintain an office in New
York and spend considerable time there.

Thompson's practice focuses on business reorganizations and debtor-
creditor rights. He has represented clients in a variety of
industries, including automotive, energy, petrochemical,
telecommunications, manufacturing, airlines, healthcare, Internet
technology, real estate and commodities trading and finance.

Thompson joins McGuireWoods from the Washington office of
Cadwalader, Wickersham and Taft, where he was part of a team that
advised Lyondell Chemical Company through its reorganization and
successful emergence from Chapter 11 in 2010 -- a transaction
recognized as "Restructuring Deal of the Year" by International
Financial Law Review's European awards. He also has represented
several creditors in the Lehman Brothers bankruptcies and regularly
advises financial institutions on trading contract and derivatives
issues.

"John brings invaluable skill and experience in complex Chapter 11
cases and cross-border restructurings, which will have significant
benefits for our clients," said Dion Hayes, chairman of the firm's
40-attorney Restructuring and Insolvency Department. "He is a great
addition to our team."

Thompson also has an active pro bono practice that includes serving
as restructuring counsel for a nonprofit school for emotionally
disturbed adolescents.

Thompson received his bachelor's degree from Bucknell University in
1991 and served as a captain in the U.S. Army before earning his
law degree from American University's Washington College of Law in
2001.

"We're fortunate to have someone with John's impressive background
to help grow our already-strong restructuring and insolvency
presence in Washington and New York," said Todd Mullins, managing
partner of the McGuireWoods' Washington office. "We're delighted to
welcome him to the firm."

Thompson joins a team that includes transactional lawyers and
litigators from across the firm's 21 offices. Ten of McGuireWoods'
restructuring and insolvency lawyers are ranked by Chambers USA in
its 2015 guide. The firm's Restructuring and Insolvency Department
represents clients in a range of industries, including mining,
energy, healthcare, retail, transportation, manufacturing, and
telecommunications.

"McGuireWoods' restructuring and insolvency group has a world-class
reputation for excellent legal work, sound business advice and
second-to-none client service," Thompson said. "I know my practice
will thrive working with such an outstanding group of lawyers."


[*] FDIC Asserts Suit Against Banks Over Colonial as Timely
-----------------------------------------------------------
Pete Brush at Bankruptcy Law360 reported that the Federal Deposit
Insurance Corp. pressed the Second Circuit on Oct. 8, 2015, to undo
a dismissal of its allegations that banks including Credit Suisse
AG ruined Colonial Bank by selling it $388 million in bad
mortgage-backed securities, arguing a law expanding receivers'
recovery powers applies to securities fraud claims.

U.S. District Judge Louis L. Stanton erred in dismissing the FDIC
receiver's case, agency attorney James S. Watson told the
three-judge panel.  Judge Stanton focused improperly on the Supreme
Court's decision in CTS v. Waldburger.


[*] Texas Atty Says Deal With Firm Can't Ax Claim Against Client
----------------------------------------------------------------
Jess Davis at Bankruptcy Law360 reported that a Texas lawyer argued
on Oct. 6, 2015, that Shore Chan DePumpo LLP cannot use a
settlement releasing patent litigation referral-fee claims against
the firm and its clients, to block a $3 million claim against a
Shore Chan client in an unrelated bankruptcy matter.

In oral argument before the Fifth Court of Appeals in Dallas,
Steven Thrasher, who does business as Thrasher & Associates LLC,
said an agreement that released all his claims against Shore Chan
and its clients after a dispute over referral fees for patent
litigation.


[*] University Spinouts, Worry About Failures Proliferate
---------------------------------------------------------
Kirk O'Neil, writing for The Deal, reported that the Association of
University Technology Managers' fiscal year 2014 Licensing Survey
released in September shows an 11.7% increase in startups spun out
of universities with 914 new companies.  Meanwhile, there was a 34%
increase, to 965, in the number of products in 2014 created by
companies licensing university technologies, despite a 5% reduction
in federal funding to university research last year as part of the
federal government sequester, the Deal said.  All told, net product
sales derived from university technologies reached $28 billion in
2014, an increase of 27.2% over 2013, the Deal noted.

But bankruptcy attorneys and advisers say that university spinouts
often need to file for bankruptcy, restructure or wind down outside
of court if they are unable to secure multiple levels of funding or
can't develop a marketable product before funding runs out, the
Deal related.

"Many of these startups often don't yet have a commercially
producible product when they spin out," the Deal said, citing
Curtis Miller, Esq. -- cmiller@mnat.com -- a partner at Morris
Nichols Arsht & Tunnell LLP and debtor counsel to Carnegie Mellon
University-spawned Seegrid Corp., who expects to see a lot of
Chapter 11 filings from university spinouts in the years ahead.
"They're startups.  They have a good idea, but having a good idea
and being successful are two different things.  These companies
don't have a track record of revenue.  They have seed money or
venture capital but no, or minimal, revenue.  That's a recipe for
coming to my industry," the report further cited.


[] Global Regulators Reach Draft Deal on Top Banks' Bail-in Bonds
-----------------------------------------------------------------
Daniel Langhorne at Bankruptcy Law360 reported that global finance
regulators reached a draft agreement on Sept. 25, 2015, on a rule
on preventing banks from being "too big to fail" by requiring them
to hold enough equity capital and bonds to avoid taxpayers being
called on in a crisis.

Specifically, the Financial Stability Board (FSB) met Sept. 25 in
London to discuss progress in its ongoing workplan. Good progress
was made in agreeing key remaining policies to help end
too-big-to-fail (TBTF), according to a statement issued by the
FSB.

The FSB discussed several current financial vulnerabilities
including, the implications of rising debt in advanced economies
and emerging markets and the volatility in commodity prices against
the prospect of the normalization of US monetary policy. Members
also noted the potential for a cyber-security threat to exacerbate
underlying vulnerabilities in the financial system.

               Market liquidity and asset management

The FSB has been working, based on the workplan it agreed in March,
to identify risks associated with market liquidity and asset
management activities in the current market conditions, as well as
potential structural sources of vulnerability associated with asset
management activities. It will evaluate in the first phase the role
that existing or additional activity-based policy measures could
play in mitigating potential risks, and make policy recommendations
as necessary.

Members reviewed possible risk scenarios and called attention to
elevated near-term risks due in part to the unwinding of
extraordinary policies, potentially under conditions of reduced
market liquidity in fixed income markets. In light of such
scenarios, the FSB encourages the appropriate use of stress testing
by funds to assess their ability individually and collectively to
meet redemptions under difficult market liquidity conditions.

Also, it reviewed the initial findings from the longer-term work on
asset management structural vulnerabilities and identified areas
for further analysis, including:

     -- Mismatch between liquidity of fund investments and
redemption terms and conditions for fund units;

     -- Leverage within investment funds;

     -- Operational risk and challenges in transferring investment
mandates in a stressed condition;

     -- Securities lending activities of asset managers and funds;
and

     -- Potential vulnerabilities of pension funds and sovereign
wealth funds.

The FSB and International Organization of Securities Commissions
(IOSCO) will continue to conduct detailed analysis in these areas
and, as necessary, develop policy recommendations in the first half
of 2016.

                      Ending Too-Big-To-Fail

Last year the FSB consulted on a proposal for a global standard for
Total Loss-Absorbing Capacity (TLAC) to be applied to Global
Systemically Important Banks (G-SIBs) to address the risk of
tax-payer funded bail-outs.  At the Sept. 25 meeting, FSB members
discussed the TLAC impact assessments, and agreed the draft final
principles and the updated term sheet. Members support consistent
implementation, over the appropriate timelines, of this robust
minimum standard. The TLAC standard and its timelines will be
finalised by the time of the G20 Summit in November. The FSB
reviewed the findings from the first round of the Resolvability
Assessment Process for G-SIBs and the actions to address remaining
impediments to resolvability.

The FSB also endorsed the first version of the Higher Loss
Absorbency (HLA) requirement for Global Systemically Important
Insurers (G-SIIs) developed by the International Association of
Insurance Supervisors (IAIS). The HLA standard will be revised
before its implementation in 2019 to reflect further work by the
IAIS on the G-SII assessment methodology and insurance capital
requirements.

The Plenary approved Phase 3 of its initiative to collect data on
G-SIB exposures and funding through a common data template. Phase 3
involves the collection of more granular data, thus expanding the
availability of consistent information for supervisory, financial
stability and policy purposes.

Transforming shadow banking into resilient market-based finance
The Plenary agreed the approach for applying the FSB framework of
numerical haircut floors to non-bank-to-non-bank securities
financing transactions. The final framework will be published
shortly with an implementation date by the end of 2018.

Members also reviewed the results of the fifth annual global shadow
banking monitoring exercise, based on end-2014 data. The results
will be published by November.

                           Derivatives

Plenary members reviewed progress in implementing over-the-counter
(OTC) derivative market reforms. On cross-border issues, members
received an update from the OTC Derivatives Regulators Group on its
work and discussed the recent IOSCO report on cross-border
regulation. Members welcomed the report. Members stressed the
importance of cross-border cooperation and welcomed recent examples
of this engagement.

Members also discussed the findings of a thematic peer review of
OTC derivatives trade reporting, which include recommendations to
address legal barriers to the reporting of comprehensive data, as
well as other challenges in the quality and completeness of the
data being reported to trade repositories and the ability of
authorities to access and use this data. A final report of this
review will be published in October.

                     Implementation monitoring

The Plenary discussed the draft of its first annual report on
implementation and effects of reforms that will be presented to the
Antalya G20 Summit. The report will contain the latest information
on members' progress in implementing the reforms called for by the
G20.

               Progress on the misconduct workplan

The FSB reviewed progress on its coordinated workplan to reduce
misconduct risk and discussed potential next steps to advance the
workplan in 2016. In particular they took stock of the role of
incentives, such as compensation, corporate governance frameworks
and regulatory enforcement, in reducing misconduct.

The Plenary considered a report on implementation of
recommendations agreed in 2014 to reform FX benchmark practices,
which is due to be published October. Additionally the Plenary
discussed the work led by the Bank for International Settlements to
develop a single global code of conduct for the foreign exchange
market.

The Plenary was informed on the progress of several workstreams
that are examining the extent of potential withdrawal from
correspondent banking, any implications for financial exclusion,
and possible next steps. These worskstreams include a World Bank
survey of authorities, banks and money transfer operators as well
as initiatives by the Financial Action Task Force and Committee on
Payments and Market Infrastructures to clarify guidance and propose
technical measures that could facilitate well-supervised
correspondent banking activities that pay due attention to the
risks.

            Auditing, accounting and disclosure issues

The Plenary reiterated its support for the objective of achieving a
single set of high-quality global accounting standards and called
on the International Accounting Standards Board and the Financial
Accounting Standards Board to continue efforts to achieve this. The
Plenary supported the work of the International Forum of
Independent Audit Regulators (IFIAR) to enhance audit quality and
encouraged IFIAR to continue working with the big six audit firms
to promote greater consistency of audit quality in global
systemically important firms.

The FSB noted ongoing work to promote consistent and comparable
application of the new accounting standards for expected loss,
including work by the Enhanced Disclosure Task Force on disclosures
and work by the Basel Committee on Banking Supervision to develop
guidance to support IFRS9. It called on the International Auditing
and Assurance Standards Board to develop further audit guidance on
this standard. The Plenary noted the importance of IASB completing
its standard for insurance contracts as a high priority.

              Climate change and the financial sector

On Sept. 24, the FSB hosted a high level public-private sector
meeting to consider the implications of climate-related issues for
the financial sector, focused on any financial stability issues
that might emerge. The meeting followed a request in April from the
G20 for the FSB to convene such a dialogue. The meeting discussed
possible financial stability risks and mitigants such as
encouraging disclosure and exploring stress testing. The FSB will
report to the G20 on potential follow-up that would complement
existing industry initiatives.

                           *     *     *

The FSB has been established to coordinate at the international
level the work of national financial authorities and international
standard setting bodies and to develop and promote the
implementation of effective regulatory, supervisory and other
financial sector policies in the interest of financial stability.
It brings together national authorities responsible for financial
stability in 24 countries and jurisdictions, international
financial institutions, sector-specific international groupings of
regulators and supervisors, and committees of central bank
experts.

The FSB is chaired by Mark Carney, Governor of the Bank of England.
Its Secretariat is located in Basel, Switzerland, and hosted by the
Bank for International Settlements.


[^] BOND PRICING: For the Week from October 5 to 9, 2015
--------------------------------------------------------
   Company              Ticker  Coupon Bid Price  Maturity Date
   -------              ------  ------ ---------  -------------
ACE Cash Express Inc    AACE    11.000    35.000       2/1/2019
ACE Cash Express Inc    AACE    11.000    38.500       2/1/2019
Affinion
  Investments LLC       AFFINI  13.500    36.250      8/15/2018
Alpha Appalachia
  Holdings Inc          ANR      3.250     5.000       8/1/2015
Alpha Natural
  Resources Inc         ANR      9.750     3.250      4/15/2018
Alpha Natural
  Resources Inc         ANR      6.000     3.465       6/1/2019
Alpha Natural
  Resources Inc         ANR      6.250     4.000       6/1/2021
Alpha Natural
  Resources Inc         ANR      7.500     6.875       8/1/2020
Alpha Natural
  Resources Inc         ANR      4.875     3.875     12/15/2020
Alpha Natural
  Resources Inc         ANR      3.750     2.000     12/15/2017
Alpha Natural
  Resources Inc         ANR      7.500     7.000       8/1/2020
Alpha Natural
  Resources Inc         ANR      7.500     6.750       8/1/2020
American Eagle
  Energy Corp           AMZG    11.000    18.875       9/1/2019
American Eagle
  Energy Corp           AMZG    11.000    18.875       9/1/2019
Arch Coal Inc           ACI      7.000     7.727      6/15/2019
Arch Coal Inc           ACI      7.250     8.078      6/15/2021
Arch Coal Inc           ACI      9.875     9.350      6/15/2019
Arch Coal Inc           ACI      7.250    10.361      10/1/2020
Arch Coal Inc           ACI      8.000    12.063      1/15/2019
Arch Coal Inc           ACI      8.000     9.600      1/15/2019
BPZ Resources Inc       BPZR     8.500    10.550      10/1/2017
BPZ Resources Inc       BPZR     6.500    10.250       3/1/2015
BPZ Resources Inc       BPZR     6.500    10.000       3/1/2049
Bank of America Corp    BAC      3.750   100.250     10/30/2015
Caesars Entertainment
  Operating Co Inc      CZR     10.000    30.938     12/15/2018
Caesars Entertainment
  Operating Co Inc      CZR     10.750    28.063       2/1/2016
Caesars Entertainment
  Operating Co Inc      CZR     12.750    32.500      4/15/2018
Caesars Entertainment
  Operating Co Inc      CZR      6.500    36.815       6/1/2016
Caesars Entertainment
  Operating Co Inc      CZR     10.000    30.750     12/15/2018
Caesars Entertainment
  Operating Co Inc      CZR      5.750    40.000      10/1/2017
Caesars Entertainment
  Operating Co Inc      CZR      5.750    12.250      10/1/2017
Caesars Entertainment
  Operating Co Inc      CZR     10.000    30.625     12/15/2018
Caesars Entertainment
  Operating Co Inc      CZR     10.000    30.625     12/15/2018
Caesars Entertainment
  Operating Co Inc      CZR     10.000    30.625     12/15/2018
Caesars Entertainment
  Operating Co Inc      CZR     10.750    29.750       2/1/2016
Cal Dive
  International Inc     CDVI     5.000     0.010      7/15/2017
Chaparral Energy Inc    CHAPAR   9.875    39.000      10/1/2020
Chassix Holdings Inc    CHASSX  10.000     8.000     12/15/2018
Chassix Holdings Inc    CHASSX  10.000     8.000     12/15/2018
Claire's Stores Inc     CLE      8.875    39.938      3/15/2019
Claire's Stores Inc     CLE      7.750    31.500       6/1/2020
Claire's Stores Inc     CLE     10.500    60.550       6/1/2017
Claire's Stores Inc     CLE      7.750    30.625       6/1/2020
Cliffs Natural
  Resources Inc         CLF      5.950    55.750      1/15/2018
Cliffs Natural
  Resources Inc         CLF      7.750    38.000      3/31/2020
Colt Defense LLC /
  Colt Finance Corp     CLTDEF   8.750     9.000     11/15/2017
Colt Defense LLC /
  Colt Finance Corp     CLTDEF   8.750     9.375     11/15/2017
Colt Defense LLC /
  Colt Finance Corp     CLTDEF   8.750     9.375     11/15/2017
Community Choice
  Financial Inc         CCFI    10.750    32.000       5/1/2019
Comstock Resources Inc  CRK      7.750    28.365       4/1/2019
Comstock Resources Inc  CRK      9.500    32.280      6/15/2020
Dendreon Corp           DNDN     2.875    71.625      1/15/2016
Dex Media Inc           DXM     12.000     4.850      1/29/2017
EPL Oil & Gas Inc       EXXI     8.250    36.500      2/15/2018
EXCO Resources Inc      XCO      7.500    29.445      9/15/2018
EXCO Resources Inc      XCO      8.500    23.500      4/15/2022
Emerald Oil Inc         EOX      2.000    30.050       4/1/2019
Endeavour
  International Corp    END     12.000     9.250       3/1/2018
Endeavour
  International Corp    END     12.000     9.250       3/1/2018
Endeavour
  International Corp    END     12.000     9.250       3/1/2018
Energy & Exploration
  Partners Inc          ENEXPR   8.000    15.500       7/1/2019
Energy & Exploration
  Partners Inc          ENEXPR   8.000    15.125       7/1/2019
Energy Conversion
  Devices Inc           ENER     3.000     7.875      6/15/2013
Energy Future
  Intermediate Holding
  Co LLC / EFIH
  Finance Inc           TXU     10.000     2.375      12/1/2020
Energy Future
  Intermediate Holding
  Co LLC / EFIH
  Finance Inc           TXU     10.000     2.186      12/1/2020
Energy Future
  Intermediate Holding
  Co LLC / EFIH
  Finance Inc           TXU      6.875     2.186      8/15/2017
Energy XXI
  Gulf Coast Inc        EXXI     9.250    30.350     12/15/2017
Energy XXI
  Gulf Coast Inc        EXXI     7.500    20.500     12/15/2021
Energy XXI
  Gulf Coast Inc        EXXI     6.875    23.200      3/15/2024
Energy XXI
  Gulf Coast Inc        EXXI     7.750    21.000      6/15/2019
FBOP Corp               FBOPCP  10.000     1.843      1/15/2009
FairPoint
  Communications
  Inc/Old               FRP     13.125     1.879       4/2/2018
Federal Home
  Loan Banks            FHLB     3.250    94.850      1/18/2033
Federal Home Loan
  Mortgage Corp         FHLMC    1.700    99.356     12/16/2019
Fleetwood
  Enterprises Inc       FLTW    14.000     3.557     12/15/2011
GT Advanced
  Technologies Inc      GTAT     3.000    20.100      10/1/2017
GT Advanced
  Technologies Inc      GTAT     3.000    28.500     12/15/2020
General Electric
  Capital Corp          GE       4.100    99.849     10/15/2015
Getty Images Inc        GYI      7.000    30.500     10/15/2020
Getty Images Inc        GYI      7.000    29.750     10/15/2020
Goodman Networks Inc    GOODNT  12.125    52.520       7/1/2018
Goodrich
  Petroleum Corp        GDP      8.875    21.000      3/15/2019
Goodrich
  Petroleum Corp        GDP      5.000    24.500      10/1/2032
Goodrich
  Petroleum Corp        GDP      8.875    44.000      3/15/2018
Goodrich
  Petroleum Corp        GDP      8.875    54.500      3/15/2018
Goodrich
  Petroleum Corp        GDP      8.875    18.125      3/15/2019
Goodrich
  Petroleum Corp        GDP      8.875    18.125      3/15/2019
Gymboree Corp/The       GYMB     9.125    33.000      12/1/2018
Halcon Resources Corp   HKUS     9.750    37.125      7/15/2020
Halcon Resources Corp   HKUS     8.875    33.500      5/15/2021
Halcon Resources Corp   HKUS     9.250    27.000      2/15/2022
Harsco Corp             HSC      2.700    99.875     10/15/2015
Hercules Offshore Inc   HERO     8.750    56.834      7/15/2021
Hercules Offshore Inc   HERO     6.750    27.250       4/1/2022
Hercules Offshore Inc   HERO    10.250    20.000       4/1/2019
Hercules Offshore Inc   HERO     7.500    16.750      10/1/2021
Hercules Offshore Inc   HERO     7.500    16.750      10/1/2021
Hercules Offshore Inc   HERO     8.750    20.125      7/15/2021
Hercules Offshore Inc   HERO    10.250    20.000       4/1/2019
Hercules Offshore Inc   HERO     6.750    18.125       4/1/2022
Horsehead Holding Corp  ZINC     3.800    61.900       7/1/2017
Las Vegas Monorail Co   LASVMC   5.500     1.026      7/15/2019
Lehman Brothers
  Holdings Inc          LEH      4.000     7.500      4/30/2009
Lehman Brothers
  Holdings Inc          LEH      5.000     7.500       2/7/2009
Lehman Brothers Inc     LEH      7.500     6.000       8/1/2026
Linn Energy LLC /
  Linn Energy
  Finance Corp          LINE     8.625    34.375      4/15/2020
Linn Energy LLC /
  Linn Energy
  Finance Corp          LINE     6.250    33.250      11/1/2019
Linn Energy LLC /
  Linn Energy
  Finance Corp          LINE     6.500    35.050      5/15/2019
Linn Energy LLC /
  Linn Energy
  Finance Corp          LINE     6.250    32.875      11/1/2019
Linn Energy LLC /
  Linn Energy
  Finance Corp          LINE     6.250    32.875      11/1/2019
Logan's Roadhouse Inc   LGNS    10.750    56.000     10/15/2017
MF Global Holdings Ltd  MF       6.250    15.000       8/8/2016
MF Global Holdings Ltd  MF       3.375    15.000       8/1/2018
MF Global Holdings Ltd  MF       9.000    15.000      6/20/2038
MModal Inc              MODL    10.750    10.125      8/15/2020
Magnetation LLC /
  Mag Finance Corp      MAGNTN  11.000    14.625      5/15/2018
Magnetation LLC /
  Mag Finance Corp      MAGNTN  11.000    14.625      5/15/2018
Magnetation LLC /
  Mag Finance Corp      MAGNTN  11.000    14.625      5/15/2018
Midstates
  Petroleum Co Inc /
  Midstates Petroleum
  Co LLC                MPO     10.750    22.350      10/1/2020
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC      MPO      9.250    20.500       6/1/2021
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC      MPO     10.750    21.000      10/1/2020
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC      MPO     10.750    21.000      10/1/2020
Molycorp Inc            MCP     10.000     5.625       6/1/2020
Molycorp Inc            MCP      5.500     0.550       2/1/2018
New Gulf Resources
  LLC/ NGR
  Finance Corp          NGREFN  12.250    31.250      5/15/2019
New Gulf Resources
  LLC/ NGR
  Finance Corp          NGREFN  12.250    31.000      5/15/2019
New Gulf Resources
  LLC/ NGR
  Finance Corp          NGREFN  12.250    28.250      5/15/2019
Nine West
  Holdings Inc          JNY      6.875    31.100      3/15/2019
Noranda Aluminum
  Acquisition Corp      NOR     11.000    32.440       6/1/2019
OMX Timber Finance
  Investments II LLC    OMX      5.540    17.500      1/29/2020
Peabody Energy Corp     BTU      6.000    29.750     11/15/2018
Peabody Energy Corp     BTU      6.250    21.400     11/15/2021
Peabody Energy Corp     BTU      6.500    24.090      9/15/2020
Peabody Energy Corp     BTU      6.000    89.000     11/15/2018
Peabody Energy Corp     BTU      6.000    28.875     11/15/2018
Peabody Energy Corp     BTU      6.250    22.250     11/15/2021
Peabody Energy Corp     BTU      6.250    22.250     11/15/2021
Penn Virginia Corp      PVA      8.500    30.101       5/1/2020
Penn Virginia Corp      PVA      7.250    24.363      4/15/2019
Permian Holdings Inc    PRMIAN  10.500    41.250      1/15/2018
Permian Holdings Inc    PRMIAN  10.500    40.875      1/15/2018
Powerwave
  Technologies Inc      PWAV     2.750     0.274      7/15/2041
Powerwave
  Technologies Inc      PWAV     3.875     0.250      10/1/2027
Powerwave
  Technologies Inc      PWAV     3.875     0.250      10/1/2027
Powerwave
  Technologies Inc      PWAV     1.875     0.250     11/15/2024
Powerwave
  Technologies Inc      PWAV     1.875     0.250     11/15/2024
Quicksilver
  Resources Inc         KWKA     9.125     6.750      8/15/2019
Quicksilver
  Resources Inc         KWKA    11.000     6.750       7/1/2021
Quiksilver Inc /
  QS Wholesale Inc      ZQK     10.000     8.500       8/1/2020
Rolta LLC               RLTAIN  10.750    49.875      5/16/2018
Sabine Oil & Gas Corp   SOGC     7.250    14.250      6/15/2019
Sabine Oil & Gas Corp   SOGC     9.750     9.500      2/15/2017
Sabine Oil & Gas Corp   SOGC     7.500    14.750      9/15/2020
Sabine Oil & Gas Corp   SOGC     7.500    14.000      9/15/2020
Sabine Oil & Gas Corp   SOGC     7.500    14.000      9/15/2020
Samson Investment Co    SAIVST   9.750     1.500      2/15/2020
SandRidge Energy Inc    SD       7.500    27.000      3/15/2021
SandRidge Energy Inc    SD       8.750    28.000      1/15/2020
SandRidge Energy Inc    SD       8.125    28.000     10/15/2022
SandRidge Energy Inc    SD       7.500    26.250      2/15/2023
SandRidge Energy Inc    SD       7.500    27.500      3/15/2021
SandRidge Energy Inc    SD       7.500    27.500      3/15/2021
Savient
  Pharmaceuticals Inc   SVNT     4.750     0.225       2/1/2018
Sequa Corp              SQA      7.000    54.500     12/15/2017
Sequa Corp              SQA      7.000    51.125     12/15/2017
SquareTwo
  Financial Corp        SQRTW   11.625    63.648       4/1/2017
Swift Energy Co         SFY      7.875    29.000       3/1/2022
Swift Energy Co         SFY      7.125    28.500       6/1/2017
Swift Energy Co         SFY      8.875    30.364      1/15/2020
TMST Inc                THMR     8.000    13.700      5/15/2013
Talos Production LLC /
  Talos Production
  Finance Inc           TALPRO   9.750    54.000      2/15/2018
Talos Production LLC /
  Talos Production
  Finance Inc           TALPRO   9.750    78.000      2/15/2018
Terrestar Networks Inc  TSTR     6.500    10.000      6/15/2014
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc           TXU     11.500    38.500      10/1/2020
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc           TXU     15.000    11.000       4/1/2021
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc           TXU     10.500    10.000      11/1/2016
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc           TXU     11.500    41.800      10/1/2020
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc           TXU     15.000    15.000       4/1/2021
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc           TXU     10.500     9.375      11/1/2016
US Shale
  Solutions Inc         SHALES  12.500    25.000       9/1/2017
Venoco Inc              VQ       8.875    17.600      2/15/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc       VRS     11.750    24.203      1/15/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc       VRS     11.750    25.239      1/15/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc       VRS     11.750    12.725      1/15/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc       VRS     11.375    35.262       8/1/2016
Verso Paper
  Holdings LLC /
  Verso Paper Inc       VRS     13.000     9.000       8/1/2020
Verso Paper
  Holdings LLC /
  Verso Paper Inc       VRS      8.750    14.000       2/1/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc       VRS     13.000     9.875       8/1/2020
Verso Paper
  Holdings LLC /
  Verso Paper Inc       VRS     11.750    79.000      1/15/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc       VRS     11.750    22.125      1/15/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc       VRS     11.750    11.250      1/15/2019
Verso Paper
  Holdings LLC /
  Verso Paper Inc       VRS     11.750    22.125      1/15/2019
W&T Offshore Inc        WTI      8.500    42.250      6/15/2019
Walter Energy Inc       WLTG     9.500    35.750     10/15/2019
Walter Energy Inc       WLTG    11.000     2.000       4/1/2020
Walter Energy Inc       WLTG     8.500     1.500      4/15/2021
Walter Energy Inc       WLTG     9.500    49.500     10/15/2019
Walter Energy Inc       WLTG    11.000     2.485       4/1/2020
Walter Energy Inc       WLTG     9.500    35.250     10/15/2019
Walter Energy Inc       WLTG     9.500    35.250     10/15/2019
Warren Resources Inc    WRES     9.000    29.030       8/1/2022
Warren Resources Inc    WRES     9.000    27.750       8/1/2022
Warren Resources Inc    WRES     9.000    27.750       8/1/2022
iHeartCommunications
  Inc                   IHRT    10.000    55.750      1/15/2018
iHeartCommunications
  Inc                   IHRT    10.000    74.438      1/15/2018
iHeartCommunications
  Inc                   IHRT    10.000    54.750      1/15/2018


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2015.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***